About this product: In 2006, hedge fund manager John Paulson realized something few others suspected--that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. Paulson's background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing. He had spent a career as an also-ran on Wall Street. But Paulson was convinced this was his chance to make his mark. He just wasn't sure how to do it. Colleagues at investment banks scoffed at him and investors dismissed him. Even pros skeptical about housing shied away from the complicated derivative investments that Paulson was just learning about. But Paulson and a handful of renegade investors such as Jeffrey Greene and Michael Burry began to bet heavily against risky mortgages and precarious financial companies. Timing is everything, though. Initially, Paulson and the others lost tens of millions of dollars as real estate and stocks continued to soar. Rather than back down, however, Paulson redoubled his bets, putting his hedge fund and his reputation on the line. In the summer of 2007, the markets began to implode, bringing Paulson early profits, but also sparking efforts to rescue real estate and derail him. By year's end, though, John Paulson had pulled off the greatest trade in financial history, earning more than $15 billion for his firm--a figure that dwarfed George Soros's billion-dollar currency trade in 1992. Paulson made billions more in 2008 by transforming his gutsy move. Some of the underdog investors who attempted the daring trade also reaped fortunes. But others who got the timing wrong met devastating failure, discovering that being early and right wasn't nearly enough. Written by the prizewinning reporter who broke the story in The Wall Street Journal, The Greatest Trade Ever is a superbly written, fast-paced, behind-the-scenes narrative of how a contrarian foresaw an escalating financial crisis--that outwitted Chuck Prince, Stanley O'Neal, Richard Fuld, and Wall Street's titans--to make financial history.
About this product: In his new book, Cramer offers the most detailed guidance he has ever given on how to invest in a changed market. Savvy investors will not just survive; they will thrive. Cramer begins with six rules for protecting the money you have and making sure that you have the money you need. (Rule Number 3: Skip the first four stages of portfolio grief: denial, anger, bargaining, and depression.) Your portfolio won't fix itself; you have to do that. It's easy to close your eyes and pretend that it all never happened, but you'll never get back to even that way, much less profit from the opportunities that this new market offers to investors who know where to put their money. One key to making investment decisions is to watch what the mutual-fund managers are doing and -- better yet -- to anticipate their moves. Cramer tells you how to do this. Their decisions will move markets, and you want to profit from these moves.
Cramer explains why dividends may be another key to picking winners in the post-crash stock market, and he introduces a category he calls the accidental high yielders -- stocks whose prices have taken a beating, boosting their yields. Some of these stocks could make a major move upward; Cramer tells you how to spot the ones that could take off.
For the first time in any of his books, Cramer offers a portfolio of twelve stocks that he says are poised to profit from the economic recovery. And he gives investors a list of five regional banks that could make big moves and return a handsome reward to shareholders. As always, Cramer explains why investors can't just take his word but have to "buy and homework" on these stocks to make sure that their stories don't change.
If you're near or in retirement, your opportunities to recover and profit are more limited than those of younger investors. Cramer tells you why stocks should still be an important part of your investment portfolio. And for younger investors, Cramer explains why you must take advantage of what could be a rare opportunity to buy stocks at fabulous prices and set up a terrific portfolio.
Cramer offers advanced tips for investors who have the time and are willing to invest it to profit from the post-crash stock market. Call options may seem like exotic and dangerous investment tools, but Cramer shows why they can be a conservative investing strategy that can bring quick returns in a recovering market. He explains how to use IPOs and secondary offerings wisely to juice your investment portfolio.
And as if all that weren't enough, Cramer has come up with twenty-five new rules for the post-crash market. (Rule Number 4: It pays to follow the dumb money.)
Getting Back to Even is indispensable for any investor still reeling in shock from the 2008-2009 market collapse and wondering where to go from here. From investment strategies to specific stock recommendations, it's the foundation for the portfolios that will soar when the economic recovery takes hold.
About this product: In Knockout, Suzanne Somers interviews doctors who are successfully using the most innovative cancer treatmentsâtreatments that build up the body rather than tear it down. Somers herself has stared cancer in the face, and a decade later she has conquered her fear and has emerged confident with the path she's chosen. Now she shares her personal choices and outlines an array of options from doctors across the country:  EFFECTIVE ALTERNATIVE TREATMENTS •without chemotherapy •without radiation •sometimes, even without surgery  INTEGRATIVE PROTOCOLS •combining standard treatments with therapies that build up the immune system  METHODS FOR MANAGING CANCER •outlining ways to truly live with the diease  Since prevention is the best course, Somers' experts provide nutrition, lifestyle, and dietary supplementation options to help protect you from getting the disease in the first place. Whichever path you choose, Knockout is a must-have resource to navigate the life-and-death world of cancer and increase your odds of survival. After reading stunning testimonials from inspirational survivors using alternative treatments, you'll be left with a feeling of empowerment and something every person who is touched by this disease needsâ¦HOPE.
About this product: The success stories speak for themselves in this book from money maestro Dave Ramsey. Instead of promising the normal dose of quick fixes, Ramsey offers a bold, no-nonsense approach to money matte
The New York Times bestselling Freakonomics was a worldwide sensation, selling more than four million copies in thirty-five languages and changing the way we look at the world.
Steven D. Levitt and Stephen J. Dubner return with Superfreakonomics, and fans and newcomers alike will find that the freakquel is even bolder, funnier, and more surprising than the first.
SuperFreakonomics challenges the way we think all over again, exploring the hidden side of everything with such questions as:
How is a street prostitute like a department-store Santa?
What do hurricanes, heart attacks, and highway deaths have in common?
Can eating kangaroo save the planet?
Levitt and Dubner mix smart thinking and great storytelling like no one else. By examining how people respond to incentives, they show the world for what it really isâgood, bad, ugly, and, in the final analysis, super freaky. Freakonomics has been imitated many times overâbut only now, with SuperFreakonomics, has it met its match.
About this product: Five years ago, Jim Collins asked the question, "Can a good company become a great company and if so, how?" In Good to Great Collins, the author of Built to Last, concludes that it is possible, but finds there are no silver bullets. Collins and his team of researchers began their quest by sorting through a list of 1,435 companies, looking for those that made substantial improvements in their performance over time. They finally settled on 11--including Fannie Mae, Gillette, Walgreens, and Wells Fargo--and discovered common traits that challenged many of the conventional notions of corporate success. Making the transition from good to great doesn't require a high-profile CEO, the latest technology, innovative change management, or even a fine-tuned business strategy. At the heart of those rare and truly great companies was a corporate culture that rigorously found and promoted disciplined people to think and act in a disciplined manner. Peppered with dozens of stories and examples from the great and not so great, the book offers a well-reasoned road map to excellence that any organization would do well to consider. Like Built to Last, Good to Great is one of those books that managers and CEOs will be reading and rereading for years to come. --Harry C. Edwards
About this product: Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winnerâs game. Trying to beat the stock market is theoretically a zero-sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loserâs game. Common sense tells usâand history confirmsâthat the simplest and most efficient investment strategy is to buy and hold all of the nationâs publicly held businesses at very low cost. The classic index fund that owns this market portfolio is the only investment that guarantees you with your fair share of stock market returns.
To learn how to make index investing work for you, thereâs no better mentor than legendary mutual fund industry veteran John C. Bogle. Over the course of his long career, Bogleâfounder of the Vanguard Group and creator of the worldâs first index mutual fundâhas relied primarily on index investing to help Vanguardâs clients build substantial wealth. Now, with The Little Book of Common Sense Investing, he wants to help you do the same.
Filled with in-depth insights and practical advice, The Little Book of Common Sense Investing will show you how to incorporate this proven investment strategy into your portfolio. It will also change the very way you think about investing. Successful investing is not easy. (It requires discipline and patience.) But it is simple. For itâs all about common sense.
With The Little Book of Common Sense Investing as your guide, youâll discover how to make investing a winnerâs game:
Why business realityâdividend yields and earnings growthâis more important than market expectations
How to overcome the powerful impact of investment costs, taxes, and inflation
How the magic of compounding returns is overwhelmed by the tyranny of compounding costs
What expert investors and brilliant academicsâfrom Warren Buffett and Benjamin Graham to Paul Samuelson and Burton Malkielâhave to say about index investing
And much more
Youâll also find warnings about investment fads and fashions, including the recent stampede into exchange traded funds and the rise of indexing gimmickry. The real formula for investment success is to own the entire market, while significantly minimizing the costs of financial intermediation. Thatâs what index investing is all about. And thatâs what this book is all about.
JOHN C. BOGLE is founder of the Vanguard Group, Inc., and President of its Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as chairman and chief executive officer until 1996 and senior chairman until 2000. In 1999, Fortune magazine named Mr. Bogle as one of the four "Investment Giants" of the twentieth century; in 2004, Time named him one of the worldâs 100 most powerful and influential people, and Institutional Investor presented him with its Lifetime Achievement Award.
About this product: Master the Low-Risk ETF-Based Investing Strategy That Gives You the Chance to Make Money in Any Market Climate "Tom Lydon has been a leader in the ETF business for many years. His new book walks through the basics of ETFs investing and shows why professionals--and increasingly, individuals--are turning to ETFs." --Bob Pisani, CNBC Reporter "Our complex and global financial system has created a powerful need for guideposts for investors and traders alike. Tom Lydon provides an excellent tool to help navigate the current economic environment in a clear, concise, easy-to-understand way." --John L. Jacobs, EVP and CMO, The NASDAQ OMX Group, Inc. "There are hundreds of writers, speakers, and advisers clamoring to get a seat aboard the ETF bandwagon. However, if you're looking for genuine insight from a real pioneer, then read Tom Lydon. Not only is Tom's The ETF Trend Following Playbook a principled how-to guide for individual investors, it is requisite reading for money managers." --Gary Gordon, Editor of ETFExpert.com "Tom Lydon has put together a concise handbook for the active ETF trader outlining the key drivers of successful trend investing. The ETF Trend Following Playbook provides sound advice for traders as well as a comprehensive and up-to-date tour of all the ETF world has to offer." --Scott Burns, Director of ETF Analysis at Morningstar
About this product: Itâs true what they say: Money changes everything. And in Linda Howardâs red-hot novel Burn, the changes come fast, furious, and filled with the kind of sexy suspense, heart-stopping romance, beautiful people, and risky business guaranteed to give you the most bang for your buck.
Money certainly changes Jenner Redwineâs life when she wins a lottery jackpot. But it also costs her plenty: Her father rips her off and disappears, her fortune-hunting boyfriend soon becomes her ex, and friends-turned-freeloaders give her the cold shoulder when she stops paying for everything.
Flush with new money, Jenner canât imagine ever finding a place in the world of the wealthy. Seven years later, though, sheâs rubbing elbows with the rich, despite the fact she still feels like a party crasher. Luckily she finds an allyâand a guide to the rarefied realm of privilegeâin shy, kind-hearted heiress Sydney Hazlett, who quickly becomes Jennerâs confidante and surrogate sister.
When Sydney invites Jenner on a charity cruise aboard a luxury liner, Jenner reluctantly agrees. But while sheâs expectingâand dreadingâtwo weeks of masquerade balls, art auctions, and preening glitterati, what she gets is more like a Hitchcock movie than a Love Boat episode. Taken hostage by a menacing stranger, Jenner must cooperate in a mysterious cloak-and-dagger schemeâor else. With nowhere to run, and with Sydneyâs life as well as her own at risk, Jenner is drawn into a game of dizzying intrigue and harrowing danger. But as her panic gives way to exhilaration, and fear of her captor turns to fascination, Jenner rediscovers feelings she hasnât had in yearsâand realizes sheâs found a life worth living. If she survives.
About this product: Get your game on with Baby's Got Blackjack! Dig for bedroom gold with Pirate's Booty! Get down with Dirty Dice! With 100 chances to win, these sexy scratch tickets give a whole new meaning to lotto fever!