Business, Finance & Law Books

Book SynopsisThe derivative practitioner's expert guide to IFRS 9 application Accounting for Derivatives explains the likely accounting implications of a proposed transaction on derivatives strategy, in alignment with the IFRS 9 standards. Written by a Big Four advisor, this book shares the author's insights from working with companies to minimise the earnings volatility impact of hedging with derivatives. This second edition includes new chapters on hedging inflation risk and stock options, with new cases on special hedging situations including hedging components of commodity risk. This new edition also covers the accounting treatment of special derivatives situations, such as raising financing through commodity-linked loans, derivatives on own shares and convertible bonds. Cases are used extensively throughout the book, simulating a specific hedging strategy from its inception to maturity following a common pattern. Coverage includes instruments such as forwards, swaps, crTable of ContentsPreface xxi Chapter 1 The Theoretical Framework – Recognition of Financial Instruments 1 1.1 Accounting Categories for Financial Assets 2 1.2 The Amortised Cost Calculation: Effective Interest Rate 11 1.3 Examples of Accounting for Fixed Rate Bonds 14 1.4 Accounting Categories For Financial Liabilities 16 1.5 The Fair Value Option 19 1.6 Hybrid And Compound Contracts 19 Chapter 2 The Theoretical Framework – Hedge Accounting 23 2.1 Hedge Accounting – Types of Hedges 23 2.2 Types of Hedges 25 2.3 Hedged Item Candidates 30 2.4 Hedging Instrument Candidates 36 2.5 Hedging Relationship Documentation 37 2.6 Hedge Effectiveness Assessment 39 2.7 The Hypothetical Derivative Simplification 48 2.8 Rebalancing 49 2.9 Discontinuation of Hedge Accounting 53 2.10 Options And Hedge Accounting 57 2.11 Forwards and Hedge Accounting 70 Chapter 3 Fair Valuation – Credit and Debit Valuation Adjustments 71 3.1 Fair Valuation – Overview of Ifrs 13 71 3.2 Case Study – Credit Valuation Adjustment of an Interest Rate Swap 80 3.3 Overnight Index Swap Discounting 95 Chapter 4 An Introduction to Derivative Instruments 97 4.1 FX Forwards 97 4.2 Interest Rate Swaps 99 4.3 Cross-Currency Swaps 102 4.4 Standard (Vanilla) Options 105 4.5 Exotic Options 118 4.6 Barrier Options 119 4.7 Range Accruals 121 Chapter 5 Hedging Foreign Exchange Risk 123 5.1 Types of Foreign Exchange Exposure 123 5.2 Introductory Definitions 124 5.3 Summary of Ias 21 Translation Rates 125 5.4 Foreign Currency Transactions 126 5.5 Case Study: Hedging A Forecast Sale and Subsequent Receivable with an Fx Forward (Forward Element Included in Hedging Relationship) 128 5.6 Case Study: Hedging a Forecast Sale with an Fx Forward 141 5.7 Case Study: Hedging a Forecast Sale and Subsequent Receivable with a Tunnel 163 5.8 Case Study: Hedging A Forecast Sale and Subsequent Receivable with a Participating Forward 180 5.9 Case Study: Hedging a Highly Expected Foreign Sale with a Knock-In Forward (Introduction) 222 5.10 Case Study: Hedging a Forecast Sale And Subsequent Receivable with a Knock-In Forward (Splitting Alternative) 226 5.11 Case Study: Hedging A Forecast Sale and Subsequent Receivable with a Knock-In Forward (Instrument In Its Entirety) 238 5.12 Case Study: Hedging A Forecast Sale and Subsequent Receivable with a Knock-In Forward (Rebalancing Approach) 246 5.13 Case Study: Hedging A Highly Expected Foreign Sale with a Kiko Forward 257 5.14 Case Study: Hedging A Forecast Sale and Subsequent Receivable with a Range Accrual (Part 1) 270 5.15 Case Study: Hedging A Forecast Sale and Subsequent Receivable with a Range Accrual (Designation In Its Entirety) 272 5.16 Case Study: Hedging Forecast Sale and Subsequent Receivable with a Range Accrual (Splitting Approach) 282 5.17 Hedging On A Group Basis – The Treasury Centre Challenge 287 5.18 Hedging Forecast Intragroup Transactions 292 Chapter 6 Hedging Foreign Subsidiaries 295 6.1 Stand-Alone Versus Consolidated Financial Statements 297 6.2 The Translation Process 298 6.3 The Translation Differences Account 300 6.4 Special Items That Are Part of a Net Investment 301 6.5 Effect Of Minority Interests on Translation Differences 303 6.6 Hedging Net Investments In Foreign Operations 303 6.7 Case Study: Accounting for Net Investments In Foreign Operations 304 6.8 Case Study: Net Investment Hedge with a Forward 311 6.9 Case Study: Net Investment Hedge Using Foreign Currency Debt 322 6.10 Net Investment Hedging With Cross-Currency Swaps 328 6.11 Case Study: Net Investment Hedge with a Floating-To-Floating Cross-Currency Swap 329 6.12 Case Study: Net Investment Hedge with a Fixed-To-Fixed Cross-Currency Swap 336 6.13 Case Study: Hedging Intragroup Foreign Dividends 344 6.14 Case Study: Hedging Foreign Subsidiary Earnings 353 6.15 Case Study: Integral Hedging of an Investment in a Foreign Operation 364 Chapter 7 Hedging Interest Rate Risk 371 7.1 Common Interest Rate Hedging Strategies 371 7.2 Separation Of Embedded Derivatives in Structured Debt Instruments 373 7.3 Interest Accruals 375 7.4 Most Common Interest Rate Derivative Instruments 376 7.5 Case Study: Hedging a Floating Rate Liability With an Interest Rate Swap 376 7.6 Case Study: Hedging A Floating Rate Liability With a Zero-Cost Collar 385 7.7 Implications of Interest Accruals and Credit Spreads 397 7.8 Case Study: Hedging a Fixed Rate Liability With an Interest Rate Swap 401 7.9 Case Study: Hedging A Future Fixed Rate Issuance with an Interest Rate Swap 416 7.10 Case Study: Hedging A Future Floating Rate Issuance with an Interest Rate Swap 426 7.11 Case Study: Hedging A Fixed Rate Liability with a Swap In Arrears 436 7.12 Case Study: Hedging A Floating Rate Liability with a Kiko Collar 448 Chapter 8 Hedging Foreign Currency Liabilities 469 8.1 Case Study: Hedging a Floating Rate Foreign Currency Liability with a Receive-Floating Pay-Floating Cross-Currency Swap 469 8.2 Case Study: Hedging a Fixed Rate Foreign Currency Liability with a Receive-Fixed Pay-Floating Cross-Currency Swap 493 8.3 Case Study: Hedging A Floating Rate Foreign Currency Liability with a Receive-Floating Pay-Fixed Cross-Currency Swap 515 8.4 Case Study: Hedging A Fixed Rate Foreign Currency Liability with a Receive-Fixed Pay-Fixed Cross-Currency Swap 538 Chapter 9 Hedging Equity Risk 563 9.1 Recognition of Equity Investments In Other Companies 563 9.2 Debt Versus Equity Classification of Own Instruments 565 9.3 Hybrid Securities – Preference Shares From an Issuer’s Perspective 567 9.4 Convertible Bonds – Issuer’s Perspective 569 9.5 Convertible Bonds – Investor’s Perspective 572 9.6 Derivatives on Own Equity Instruments 572 9.7 Case Study: Accounting For A Stock Lending Transaction 573 9.8 Case Study: Accounting for a Mandatory Convertible Bond from an Issuer’s Perspective 578 9.9 Case Study: Accounting for a Convertible Bond from an Issuer’s Perspective 583 9.10 Case Study: Hedging Step-Up Callable Perpetual Preference Shares 590 9.11 Case Study: Base Instruments Linked To Debt Instruments 596 9.12 Case Study: Parking Shares Through a Total Return Swap 596 9.13 Case Study: Hedging an Equity Investment with a Put Option 601 9.14 Case Study: Selling A Forward on Own Shares 610 Chapter 10 Hedging Stock-Based Compensation Plans 617 10.1 Types And Terminology of Stock-Based Compensation Plans 617 10.2 Accounting for Equity-Based Compensation Plans 619 10.3 Case Study: ABC’s Share-Based Plans 624 10.4 Main SOP/SAR Hedging Strategies 632 10.5 Case Study: Hedging a Stock Option Plan with an Equity Swap 641 10.6 Case Study: Hedging an SAR Plan with a Call 647 Chapter 11 Hedging Commodity Risk 655 11.1 Main Commodity Underlyings 655 11.2 Lease, Derivative and Own-Use Contracts 655 11.3 Categorisation According to Settlement Terms 658 11.4 Case Study: Hedging Gold Production with a Forward – Own-Use Application 659 11.5 Case Study: Raising Financing Through a Gold Loan 662 11.6 Case Study: Hedging a Silver Purchase Firm Commitment with a Forward – Fair Value Hedge 664 11.7 Case Study: Hedging Commodity Inventory with Futures 672 11.8 Case Study: Hedging a Highly Expected Purchase Of Oil With Futures and an FX Forward – Cash Flow Hedge 680 11.9 Case Study: Airline Jet Fuel Consumption Hedge With Jet Fuel and Crude Oil – Risk Component 691 Chapter 12 Hedging Inflation Risk 709 12.1 Inflation Markets – Main Participants and Indices 709 12.2 Inflation-Linked Bonds 714 12.3 Inflation Derivatives 716 12.4 Inflation Risk Under IFRS 9 725 12.5 Case Study: Hedging Revenues Linked To Inflation 727 12.6 Matching An Inflation-Linked Asset with a Floating Rate Liability 738 Chapter 13 Hedge Accounting: A Double-Edged Sword 741 13.1 Positive Influence on The Profit or Loss Statement 742 13.2 Substantial Operational Resources 743 13.3 Limited Access to Hedging Alternatives 744 13.4 Risk of Reassessment of Highly Probable Transactions 744 13.5 Low Compatibility With Portfolio Hedging 745 13.6 Final Remarks 746 Index 749

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Book SynopsisFrom the CEO of Umpqua Bank, the essential leadership practices that allowed the West Coast's largest independent community bank to emerge from the economic crisis even stronger than before.Trade Review“Ray and his colleagues have remained true to their values, their belief system, their distinctive point of view about what their company could be and the role it could play in their customers’ lives. In a book filled with powerful insights, pragmatic takeaways, and colorful stories, this to me is Ray’s ultimate lesson, and one that applies in good times and tough times.” —From the Foreword by William C. Taylor “I’ve always believed that great leaders know when to stay the course, adjust, and reinvent. Ray Davis articulates this and much more in Leading Through Uncertainty, helping leaders understand the importance of outlining a vision and strategy. Ray’s smart and practical thoughts on leadership provide great insight, and leaders at all levels will benefit from reading this book.” —John Chambers, chairman and CEO, Cisco “Ray Davis understands the complexities of leading effectively regardless of the economic environment. The advice in Leading Through Uncertainty is excellent and will improve both your leadership skills and results.” — Tim Boyle, president and CEO, Columbia Sportswear “Ray Davis’s Leading Through Uncertainty is thoughtful, insightful, and—perhaps most importantly—fundamentally practical. For those who want to make a difference in their organization, this is a must-read.” —Diana Oreck, vice president, Ritz-Carlton Leadership Center “Not many companies can say they’ve emerged from the economic environment of the past few years stronger than they were before it began. Ray Davis can. In Leading Through Uncertainty, he shares the real-world insight and business practices that today’s leaders need to navigate the uncertainty and opportunity of the 21st century economy.” —Gary Hamel, author, What Matters Now “Ray Davis is that rare combination: a visionary with the straightforward voice of a pragmatist. He understands that today’s companies must be flexible, transparent, and customer-centric—and Leading Through Uncertainty provides a clear roadmap for anyone in a leadership position on how to get there.” —Ed Herlihy, partner, Wachtell LiptonTable of ContentsForeword by William C. Taylor ix Introduction: The Great Uncertainty xiii Part 1 Leading Yourself Chapter 1: The New Normal 3 Chapter 2: The Truth, Nothing But the Truth 23 Chapter 3: Problems and the Healing Process 39 Chapter 4: Control and Uncertainty 51 Chapter 5: Exercise Your Intuition 65 Part 2 Leading Your Organization Chapter 6: Be Really Good at the Basics 81 Chapter 7: The Value of a Value Proposition 91 Chapter 8: Be Available 103 Chapter 9: Motivate and Inspire 113 Chapter 10: Leverage Your Assets 125 Part 3 Leading the Way Chapter 11: Reputation Counts 137 Chapter 12: Create Buzz (But Manage Crisis) 147 Chapter 13: Build Momentum 161 Chapter 14: Practice Incremental Evolution 171 Conclusion: Lead On 181 Notes 185 Acknowledgments 191 About the Authors 193 Index 195

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Book SynopsisAn accessible guide to the multivariate time series tools used in numerous real-world applications Multivariate Time Series Analysis: With R and Financial Applications is the much anticipated sequel coming from one of the most influential and prominent experts on the topic of time series.Table of ContentsPreface xv Acknowledgements xvii 1 Multivariate Linear Time Series 1 1.1 Introduction, 1 1.2 Some Basic Concepts, 5 1.3 Cross-Covariance and Correlation Matrices, 8 1.4 Sample CCM, 9 1.5 Testing Zero Cross-Correlations, 12 1.6 Forecasting, 16 1.7 Model Representations, 18 1.8 Outline of the Book, 22 1.9 Software, 23 Exercises, 23 2 Stationary Vector Autoregressive Time Series 27 2.1 Introduction, 27 2.2 VAR(1) Models, 28 2.3 VAR(2) Models, 37 2.4 VAR(p) Models, 41 2.5 Estimation, 44 2.6 Order Selection, 61 2.7 Model Checking, 66 2.8 Linear Constraints, 80 2.9 Forecasting, 82 2.10 Impulse Response Functions, 89 2.11 Forecast Error Variance Decomposition, 96 2.12 Proofs, 98 Exercises, 100 3 Vector Autoregressive Moving-Average Time Series 105 3.1 Vector MA Models, 106 3.2 Specifying VMA Order, 112 3.3 Estimation of VMA Models, 113 3.4 Forecasting of VMA Models, 126 3.5 VARMA Models, 127 3.6 Implications of VARMA Models, 139 3.7 Linear Transforms of VARMA Processes, 141 3.8 Temporal Aggregation of VARMA Processes, 144 3.9 Likelihood Function of a VARMA Model, 146 3.10 Innovations Approach to Exact Likelihood Function, 155 3.11 Asymptotic Distribution of Maximum Likelihood Estimates, 160 3.12 Model Checking of Fitted VARMA Models, 163 3.13 Forecasting of VARMA Models, 164 3.14 Tentative Order Identification, 166 3.15 Empirical Analysis of VARMA Models, 176 3.16 Appendix, 192 Exercises, 194 4 Structural Specification of VARMA Models 199 4.1 The Kronecker Index Approach, 200 4.2 The Scalar Component Approach, 212 4.3 Statistics for Order Specification, 220 4.4 Finding Kronecker Indices, 222 4.5 Finding Scalar Component Models, 226 4.6 Estimation, 237 4.7 An Example, 245 4.8 Appendix: Canonical Correlation Analysis, 259 Exercises, 262 5 Unit-Root Nonstationary Processes 265 5.1 Univariate Unit-Root Processes, 266 5.2 Multivariate Unit-Root Processes, 279 5.3 Spurious Regressions, 290 5.4 Multivariate Exponential Smoothing, 291 5.5 Cointegration, 294 5.6 An Error-Correction Form, 297 5.7 Implications of Cointegrating Vectors, 300 5.8 Parameterization of Cointegrating Vectors, 302 5.9 Cointegration Tests, 303 5.10 Estimation of Error-Correction Models, 313 5.11 Applications, 319 5.12 Discussion, 326 5.13 Appendix, 327 Exercises, 328 6 Factor Models and Selected Topics 333 6.1 Seasonal Models, 333 6.2 Principal Component Analysis, 341 6.3 Use of Exogenous Variables, 345 6.4 Missing Values, 357 6.5 Factor Models, 364 6.6 Classification and Clustering Analysis, 386 Exercises, 394 7 Multivariate Volatility Models 399 7.1 Testing Conditional Heteroscedasticity, 401 7.2 Estimation of Multivariate Volatility Models, 407 7.3 Diagnostic Checks of Volatility Models, 409 7.4 Exponentially Weighted Moving Average, 414 7.5 BEKK Models, 417 7.6 Cholesky Decomposition and Volatility Modeling, 420 7.7 Dynamic Conditional Correlation Models, 428 7.8 Orthogonal Transformation, 434 7.9 Copula-Based Models, 443 7.10 Principal Volatility Components, 454 Exercises, 461 Appendix A Review of Mathematics and Statistics 465 A.1 Review of Vectors and Matrices, 465 A.2 Least-Squares Estimation, 477 A.3 Multivariate Normal Distributions, 478 A.4 Multivariate Student-t Distribution, 479 A.5 Wishart and Inverted Wishart Distributions, 480 A.6 Vector and Matrix Differentials, 481 Index 489

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Book SynopsisBrings global macro trading down to earth for individual and professional traders, investors and asset managers, as well being a useful reference handbook Global Macro Trading is an indispensable guide for traders and investors who want to trade Global Macro it provides Trading Strategies and overviews of the four asset classes in Global Macro which include equities, currencies, fixed income and commodities. Greg Gliner, who has worked for some of the largest global macro hedge funds, shares ways in which an array of global macro participants seek to capitalize on this strategy, while also serving as a useful reference tool. Whether you are a retail investor, manage your own portfolio, or a finance professional, this book equips you with the knowledge and skills you need to capitalize in global macro. Provides a comprehensive overview of global macro trading, which consists of portfolio construction, risk management, biases and essentials to query buildi

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Book SynopsisA leading expert unveils his unique methodology for options trading Options provide a high leverage approach to trading that can significantly limit the overall risk of a trade or provide additional income. Yet, many people fail to capitalize on this potentially lucrative opportunity because they mistakenly believe that options are risky. Now options expert Andrew Keene helps aspiring investors to enter this sector by explaining the principles of the options market and showing readers how to utilize calls and puts successfully. Leading options expert Andrew Keene demystifies the basics of options trading Debunks the myth that call purchases are synonymous with being bullish and that put purchases are bearish Lays out in detail two distinct proprietary trading plans readers can follow Explains how to trade using market maker techniques and tricks from the trading floor to help with his probabilities in options trading AndreTable of ContentsPreface xiii Acknowledgments xix Chapter 1 Introduction 1 I Love to Trade 1 From Young Clerk to Respected Market Maker 2 Trading Career at the CBOE 3 The AAPL King 4 From Trading Pit Hotshot to Retail Trader 5 The Live Trading Room: From Options 101 to Complex Strategies 6 Questions 7 Chapter 2 The Life of a Professional Trader 9 Perks of Being a Trader 10 Not Quite as Glamorous as Everyone Thinks 11 The Rollercoaster of Trading 11 This is Not Monopoly Money 12 It Takes Money to Make Money 12 The Setup 13 Trading Expenses and Opportunity Cost 14 Sticking to a Plan 15 Questions 15 Chapter 3 Trading for a Living: Hobby or Career? 17 Trading for Amusement 17 Enjoying Your Profits 18 Moving from Amateur to Professional 19 Moving from Simulated Account to Real Trading 19 Moving from Simple to Complex Strategies 20 Investing in Your Options Education 20 Go Slow, Go Pro 21 Defining Goals 22 Questions 22 Chapter 4 Who the Players Are: Market Makers 25 DPMs 26 The Death of Market Makers 26 Retail Traders 27 Hedge Funds 28 Institutional Traders 29 Options Exchanges 30 Questions 31 Chapter 5 Options Brokers and Platforms: The Right Options Broker for You 33 Full-Service Brokers and Options Trading 34 Discount Brokerage Firms 35 Researching Discount Brokers Firms 36 Options Brokerage Firms’ Fees 37 Use of Margin 37 Automatic Liquidation 38 Questions 39 Chapter 6 Technical Trading: Security Timing Tactics 41 Support and Resistance Levels 43 What is a Gap? 43 Dow Theory 44 Elliott Wave Theory 44 Moving Averages 45 Fifty-Day Moving Average 45 Forty-Week Moving Average 45 Magnets and Targets 46 The Stochastic 46 Other Charts, Technical Indicators, and Money Supply 46 Japanese Candlestick Charts 47 Disadvantages to Moving Averages 47 The Ichimoku Cloud 47 Summary 48 Questions 48 Chapter 7 Reading the Market and Implied Volatility: Market Sentiment 51 Make Money in Any Direction 51 The Concept of Beta 52 When to Be on the Sidelines 53 Questions 54 Chapter 8 Options Basics Primer: What are Options? 57 What are Derivatives? 57 What are Calls and Puts? 57 What is an Underlying? 59 Options: A Deeper Look 60 Another Example in the GLD 60 Options Premium 61 Options Definitions 62 Option Pricing: Complex Models 62 Questions 64 Chapter 9 The Greeks 67 Delta 67 Gamma 68 Theta 69 Rho 70 Vega 70 Questions 71 Chapter 10 Call and Put Trading Strategies 73 Long Calls 73 Using Calls Bearishly 75 Long Puts 76 Using Puts Bullishly 78 Selling Options 79 Time Decay with Short Options 80 Short Calls 80 Short Puts 82 Deeper Look at OTM Calls and Puts 85 Is Risk versus Reward of the Option Trade Limited or Unlimited? 85 Where is Breakeven on an Option Trade? 86 Questions 86 Chapter 11 Why is Everyone Long Stock?: How to Use Options for a Hedge 89 The American Dream 90 I Have Insurance on Almost Everything 91 The Famous Covered Call 92 The Zero-Cost Collar 95 Summary 98 Questions 98 Chapter 12 What are Synthetic Options Positions? 101 Synthetic Long Stocks 101 Synthetic Long Stock = Long Call + Short Put 103 Synthetic Short Stock = Short Call + Long Put 105 The Goal of Making Synthetics 107 Synthetic Long Call = Long Stock + Long Put – Strike Price 107 Synthetic Short Call = Short Stock + Short Put – Strike Price 109 Synthetic Long Put = Long Call + Strike Price – Short Stock Price 110 Synthetic Short Put = Short Call + Strike Price – Long Stock Price 112 Questions 114 Chapter 13 What is Volatility and How Does It Affect Options? 117 Basics of Volatility and Options Trading 117 Historical Volatility 118 Implied Volatility 118 Volatility is a Trader’s Best Friend 121 CBOE’S VIX Index 122 CBOE’s VIX: More Than a Fear Indicator 123 Contango versus Backwardation 123 Questions 124 Chapter 14 Various Uses of Options and Why I Love to Trade Them 127 Leverage 127 Flexibility 130 Risk Control 130 Trader’s Edge 130 Hedge versus Speculation 131 Complex Options Strategies 132 “If Only I Had Bought Those Calls!” 133 When in Doubt, Hands Out 134 What It Takes to Make a Bigger Trade 134 Questions 136 Chapter 15 More Complex Options Strategies 139 Long Straddles and Strangles 139 Short Straddles and Strangles: Beware Blowout Risk! 143 Butterflies and Condors 146 Questions 153 Chapter 16 Managing Trades on Expiration 155 Long Call—Long the FB November 23 Calls 156 Short Call—Short the AAPL November 500 Calls 158 Long Put—Long the MSFT November 27 Puts 159 Short Put—Short the GOOG November 650 Puts 160 More Complex Trades 161 Long Call Spread—Long the FB November 23-25 Call Spread 161 Short Call Spread—Short the AAPL November 500-520 Call Spread 162 Long Put Spread—Long the MSFT November 27-25 Put Spread 164 Short Put Spread—Short the GOOG November 650-630 Put Spread 165 Long Straddle—Long the FB Nov 23 Straddle 166 Short Straddle—Short the MSFT November 27 Straddle 167 Long Strangle—Long the AAPL November 480-500 Strangle 168 Short Strangle—Sell the GOOG November 650-670 Strangle 170 Short Iron Condor—Selling the FB November 23-21 Put Spread and Selling the FB November 25-27 Call Spread 171 Short Condor—Short the MSFT November 27 Straddle and Long the 25 Put–29 Call Strangle 173 Long Call Butterfly—Long the FB November 23-25-27 Call Fly 174 Long Put Butterfly—Long the MSFT November 27-25-23 Put Fly 176 Questions 178 Chapter 17 Andrew Keene’s Non-Blowout Trading Plan: How Much of Your Portfolio Can You Risk? 181 Trading Pepsi Back in the Day 181 Now That I’m Upstairs . . . 183 Limiting Your Exposure to a Percentage of Your Total Book 184 Andrew Keene’s Confidence Scale: Ranking Every Trade from 1 to 5 185 Every Trade is a Percentage of My Book 188 Andrew Keene’s Non-Blowout Trading Plan 189 Questions 192 Chapter 18 Andrew Keene’s OCRRBTT Trading Plan 195 Story of the OCRRBTT Trading Plan 195 Reading Options Paper 196 What Call and Put Volume Means to a Trader 197 How Insiders Read Paper 198 Using the OCRRBTT Trading Plan 199 Conclusion 201 Questions 202 Chapter 19 Trading Earnings (HIMCRIBBIT ) 205 HIM: Historical, Implied, Measured 205 Which Type of Option? 207 C: Chart 207 RRBTT: Risk versus Reward, Breakeven, Time, and Target 208 Calendars and Advanced Topics 210 Trading for a Living 210 Confidence Scale 211 Tricks and Tips 212 Questions 215 Conclusion 217 Answers to End-of-Chapter Questions 219 About the Author 223 Index 225

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Book SynopsisHere's what you should know to manage data records efficiently With proper electronic data management, your business can lower costs, improve efficiency, eliminate duplication, and be protected in the event of a lawsuit.Table of ContentsIntroduction 1 About This Book 1 Conventions Used in This Book .2 Foolish Assumptions .2 How This Book Is Organized 2 Part I: Setting the Stage .3 Part II: Filing Made Simple 3 Part III: Capturing Records .3 Part IV: Parking Spaces .3 Part V: Creating a Plan 4 Part VI: The Part of Tens .4 Bonus Content: Appendix .4 What You’re Not to Read 4 Icons Used in This Book .5 Where to Go from Here .5 Part I: Setting the Stage 7 Chapter 1: Fundamentally Speaking .9 The Inside Scoop — Terms and Terminologies .10 What is information? .10 For the record 10 Business value 11 Nonvalue .11 The information life cycle .12 Grooving with the records (and the information retention schedule) 13 Hold on! .13 Role Playing 13 The Records and Information Manager 14 The evolution of the records manager 15 The big bang! 15 School is in session 16 I can associate with that .17 Let me see your credentials .17 I’ve got to do what?! .20 The written word .20 Professionally speaking 22 I’m Excited — Why Aren’t You? .23 Core function junction 23 Show me the benefits! .23 Trimming expenses .24 Improving efficiencies .26 Increasing staff productivity 27 Risky business 28 Creating your support group .29 Marketing Your Program 33 Chapter 2: Appraising .35 Preparing for the Appraisal 35 Push for the purge .36 Don’t forget the hard drives .37 Choosing an Appraisal Method .39 A method to the madness .39 The good and the good .40 Conducting the Appraisal .42 Capturing appraisal information 43 Taking inventory 43 Going through with an interview .44 Quizzing with a questionnaire 45 Documenting the appraisal 45 Processing the appraisal results 48 Chapter 3: Scheduling .49 Keeping Your Options Open 50 Working with the Departmental retention schedule .50 Scheduling based on function 52 Bring out the big buckets 54 Conducting the Investigation .56 Considering the value 57 Researching retention periods .58 Mining your natural resources .59 Assigning retention periods to nonrecord information 61 Looking for Approval 62 Department management .62 Paying a visit to the Tax department 62 Legalizing your retention 63 Creating the Retention Schedule Document 63 The pieces to the retention schedule puzzle .63 Sampling retention schedule forms .67 Implementing the Retention Schedule 68 Keeping it electronic .69 Providing direction 69 Updating the Retention Schedule 70 Part II: Filing Made Simple 73 Chapter 4: I Know It’s Here Somewhere .75 Filing Methods 75 The alpha file 76 The numbers don’t lie .77 Filing alphanumerically .78 Evaluating Filing Equipment and Supplies .80 The right equipment makes a difference 80 File folders under “important” .86 Selecting a Filing Method 90 Creating a records profile .91 Growing, growing — gone! 91 Evaluating the current state of affairs .92 Creating a Digital Filing System .92 Drawing the parallels .92 Naming folders and files 95 Chapter 5: Drives Can Drive You Crazy 97 At-Risk Drivers .97 Out of sight — out of mind .98 Driving up the costs 98 Driving down function lane 99 Cleaning Up Your Driving Record .99 Taking time to know your drives .100 Mapping a course of action 101 Creating a folder structure .102 Administering shared drives 104 Planning the file review .107 Reviewing files 108 Cleaning up with software 110 Maintaining Your Drives .110 Creating a usage policy .111 Relying on the administrator 111 Using software to maintain your drives 112 Chapter 6: A Message about E-Mail .113 The Anatomy of an E-Mail .113 Determining the value of the message 114 Scheduling time for e-mail 115 The rising risks of e-mail .116 Managing quotas 117 Filing the Message .118 PSSST! What you need to know about PST folders 118 MSG can be good for your informational health 120 Naming e-mail .122 Using Software to Manage E-Mail 125 E-mail archiving systems 125 Optimizing with DM and ECM applications 125 Part III: Capturing Records 127 Chapter 7: Watch Out, I’m Backing Up .129 Creating a Backup Plan .129 Identifying different types of backups 130 Finding a place to back up 131 Distinguishing between backups and archives 132 The tale of the mystery tape 134 Managing Backups .135 Determining what needs to be backed up 135 Applying retention to backups .136 Creating a data retention schedule .137 Deleting backed-up and archived information .139 Chapter 8: Know When to Hold ’em .141 Discovering Discovery 141 Initiating a Legal Hold .143 The components of a legal hold .143 Organizing the search party .145 Searching in the dark .146 E-mail — the smoking gun 147 Keying in on keywords 148 Searching made simple .150 Preserving what you find 150 Maintaining the legal hold 150 We have liftoff .151 Chapter 9: Imaging Documents .153 From Paper to Paperless 153 Understanding the basics of document imaging .154 Benefiting from an image makeover 155 To Image, or Not to Image 156 Conducting an imaging needs assessment .156 Stepping through the imaging process .158 Prep school .158 Scanning documents .161 Recognizing a good thing when you see it .161 Applying indexes 162 Controlling the quality 164 Determining Your Imaging Approach .165 What happens in-house stays in-house 165 Equipping your imaging operation 166 Gathering Requirements .170 Conducting a document analysis .170 End of the beginning 171 Calculating the Return on Investment (ROI) 172 Investing in the benefits 172 Knowing your customer 173 Valuating the benefits 174 Evaluating Imaging Hardware and Software 175 Examining document scanners 175 The role of document-imaging software .177 Chapter 10: Software Applications 179 Examining Software Options 179 Laying the software foundation .180 Types of software 181 Assessing Your Needs .187 Calculating the return on investment (ROI) .188 Identifying your “pain points” 189 Conducting a requirements analysis .189 Evaluating Vendors .191 Determining your evaluation approach 191 Using business-use cases 192 Detailing the results .192 It’s not all about functionality 193 Comparing the results .195 Guiding You through Implementation 195 Why implementations fail .196 How to ensure that your implementation is a success! 197 Part IV: Parking Spaces 199 Chapter 11: Storage Locations .201 Storing Inactive Records Onsite 201 Protecting your inactive records .202 Implementing access control procedures 203 Optimizing your inactive storage 205 Getting to Know the Record Storage Vendor .207 Understanding the fee structure 207 Making sure that your requirements are met 209 Contracting with the vendor 210 Chapter 12: Compliant Destruction .213 Determining the Appropriate Destruction Method .213 Deciding on Your Shredding Approach 214 Shredding your own documents 214 Getting to know the shredders themselves 216 Outsourcing your shredding 217 Selecting the Right Shred Vendor 218 How to ensure that electronic information is unrecoverable 218 Establishing your shredding requirements 219 Developing an Information Destruction Policy 221 If you can’t do it, don’t include it .222 Elements of an effective destruction policy .222 Part V: Creating a Plan 225 Chapter 13: Codifying the Policies .227 Developing a Records and Information Management Policy .227 Understanding what a policy is (and isn’t) 228 The basic characteristics of a good policy .228 Talking records and information .229 Making the Policy Available .230 Distributing the hard copy .231 Attaching a soft copy .231 The missing link .232 Auditing the Policy 233 Developing an audit plan 233 Determining what to audit 234 Communicating the audit .236 Documenting the audit findings .236 Chapter 14: Train the Troops .237 I’m Aware of That! 237 From the top .238 What’s in it for me? 238 Creating a creative awareness campaign .239 Developing a Training Plan 241 Deciding on the curriculum 241 One size doesn’t always fit all 242 How refreshing .242 Training the Masses 243 How much time do I have? 243 Face-time training 244 Webinars .244 Intranet-based training 245 Part VI: The Part of Tens 247 Chapter 15: Ten Simple Management Guidelines .249 Limiting E-Mail Attachments 249 Knowing How to Dispose of Information 251 Structuring Electronic Folders .252 Naming Files .252 Managing Active and Inactive Periods 253 Scheduling Destruction and Deletion .254 Creating the Proper Filing System .254 Avoiding the “Keep Everything” Syndrome .255 Managing Copies 255 Keeping It Simple .257 Chapter 16: Ten Emerging Trends .259 Governing Information 259 Computing in the Clouds 260 Big Data .261 Social Media .262 Putting Some Structure to It .263 Let’s Collaborate 264 Generally Accepted Recordkeeping Principles .265 Mapping Your Data 266 Enterprise Searching .267 Don’t Get Duped 268 Appendix: Sample Forms and Vendor Listings 269 Index 281

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Book SynopsisUnique insights to implement big data analytics and reap big returns to your bottom line Focusing on the business and financial value of big data analytics, respected technology journalist Frank J. Ohlhorst shares his insights on the newly emerging field of big data analytics in Big Data Analytics.Table of ContentsPreface ix Acknowledgments xiii Chapter 1 What Is Big Data? 1 The Arrival of Analytics 2 Where Is the Value? 3 More to Big Data Than Meets the Eye 5 Dealing with the Nuances of Big Data 6 An Open Source Brings Forth Tools 7 Caution: Obstacles Ahead 8 Chapter 2 Why Big Data Matters 11 Big Data Reaches Deep 12 Obstacles Remain 13 Data Continue to Evolve 15 Data and Data Analysis Are Getting More Complex 17 The Future Is Now 18 Chapter 3 Big Data and the Business Case 21 Realizing Value 22 The Case for Big Data 22 The Rise of Big Data Options 25 Beyond Hadoop 27 With Choice Come Decisions 28 Chapter 4 Building the Big Data Team 29 The Data Scientist 29 The Team Challenge 30 Different Teams, Different Goals 31 Don’t Forget the Data 32 Challenges Remain 32 Teams versus Culture 34 Gauging Success 35 Chapter 5 Big Data Sources .37 Hunting for Data 38 Setting the Goal 39 Big Data Sources Growing 40 Diving Deeper into Big Data Sources 42 A Wealth of Public Information 43 Getting Started with Big Data Acquisition 44 Ongoing Growth, No End in Sight 46 Chapter 6 The Nuts and Bolts of Big Data 47 The Storage Dilemma 47 Building a Platform 52 Bringing Structure to Unstructured Data 57 Processing Power 59 Choosing among In-house, Outsourced, or Hybrid Approaches 61 Chapter 7 Security, Compliance, Auditing, and Protection 63 Pragmatic Steps to Securing Big Data 64 Classifying Data 65 Protecting Big Data Analytics 66 Big Data and Compliance 67 The Intellectual Property Challenge 72 Chapter 8 The Evolution of Big Data 77 Big Data: The Modern Era 80 Today, Tomorrow, and the Next Day 84 Changing Algorithms 90 Chapter 9 Best Practices for Big Data Analytics 93 Start Small with Big Data 94 Thinking Big 95 Avoiding Worst Practices 96 Baby Steps 98 The Value of Anomalies 101 Expediency versus Accuracy 103 In-Memory Processing 104 Chapter 10 Bringing It All Together 111 The Path to Big Data 112 The Realities of Thinking Big Data 113 Hands-on Big Data 115 The Big Data Pipeline in Depth 116 Big Data Visualization 121 Big Data Privacy 122 Appendix Supporting Data 125 “The MapR Distribution for Apache Hadoop” 126 “High Availability: No Single Points of Failure” 142 About the Author 151 Index 153

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Book SynopsisThe complete mind, body, and spiritual transformation based on a highly successful coursenow in paperback! The Awakening Course is Joe Vitale''s most recent breakthrough program explaining the four stages of awakening. This thought-provoking book builds on everything Vitale has written and recorded to date, taking you to a whole new level of personal and professional transcendence. This book offers a proven step-by-step approach for finding and achieving your goals and desires through a complete mind, body, and spiritual transformation. Discover new perspectives on money, role models, and the power of your unconscious Re-state complaints into positive life-changing intentions, and turn your fears into a catalyst for success 5 steps for attracting anything or anyone into your life Joe Vitale is the author of the bestselling The Attractor Factor and The Key Let The Awakening Course take yoTable of ContentsAcknowledgments ix Introduction xi CHAPTER 1 What to Expect 1 CHAPTER 2 Stage One: Victimhood 22 CHAPTER 3 Stage Two: Empowerment 44 CHAPTER 4 Stage Three: Surrender 67 CHAPTER 5 Stage Four: Awakening 93 CHAPTER 6 The Awakened Millionaire 113 CHAPTER 7 The Awakened Relationship 149 CHAPTER 8 Bonus Chapter: What Do You Want? 186 CHAPTER 9 Special Bonus Report: Zero Limits Answers 209 Bibliography 216 About the Author 223 Special Miracles Coaching Offer 225 Index 227

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Book SynopsisThe Pharmaceutical Studies Reader is an engaging survey of the field that brings together provocative, multi-disciplinary scholarship examining the interplay of medical science, clinical practice, consumerism, and the healthcare marketplace.Trade Review"...provides an in-depth look at the machinery that enables the continued expansion of pharmaceutical products, markets, and subjects." - Ellen Rubinstein for Anthropology Book Forum, Anthropology NewsTable of ContentsAcknowledgements vii 1 Introduction 1Jeremy A. Greene and Sergio Sismondo Part I Pharmaceutical Lives 17 2 The Pharmaceuticalisation of Society? A Framework for Analysis 19Simon J. Williams, Paul Martin and Jonathan Gabe 3 Pharmaceutical Witnessing: Drugs for Life in an Era of Direct]to]Consumer Advertising 33Joseph Dumit Part II New Drugs, Diseases, and Identities 49 4 Releasing the Flood Waters: Diuril and the Reshaping of Hypertension 51Jeremy A. Greene 5 DepRession and ConsumŠtion: Psychopharmaceuticals, Branding, and New Identity Practices 70Nathan Greenslit 6 BiDil: Medicating the Intersection of Race and Heart Failure 87Anne Pollock 7 Manufacturing Desire: The Commodification of Female Sexual Dysfunction 106Jennifer R. Fishman Part III Drugs and the Circulation of Medical Knowledge 121 8 Following the Script: How Drug Reps Make Friends and Influence Doctors 123Adriane Fugh]Berman and Shahram Ahari 9 Getting to Yes: Corporate Power and the Creation of a Psychopharmaceutical Blockbuster 133Kalman Applbaum 10 Pushing Knowledge in the Drug Industry: Ghost]Managed Science 150Sergio Sismondo 11 Transcultural Medicine: A Multi]Sited Ethnography on the Scientific]Industrial Networking of Korean Medicine 165Jongyoung Kim Part IV Political and Moral Economies of Pharmaceutical Research 179 12 Uncommon Trajectories: Steroid Hormones, Mexican Peasants, and the Search for a Wild Yam 181Gabriela Soto Laveaga 13 “Ready]to]Recruit” or “Ready]to]Consent” Populations? Informed Consent and the Limits of Subject Autonomy 195Jill A. Fisher 14 Clinical Trials Offshored: On Private Sector Science and Public Health 208Adriana Petryna 15 The Experimental Machinery of Global Clinical Trials: Case Studies from India 222Kaushik Sunder Rajan Part V Intellectual Property in Local and Global Markets 235 16 Intellectual Property and Public Health: Copying of HIV/AIDS Drugs by Brazilian Public and Private Pharmaceutical Laboratories 237Maurice Cassier and Marilena Correa 17 Global Pharmaceutical Markets and Corporate Citizenship: The Case of Novartis’ Anti]Cancer Drug Glivec 247Stefan Ecks 18 Generic Medicines and the Question of the Similar 261Cori Hayden Index 268

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Book SynopsisNew York Times Bestseller How feminine values can solve our toughest problems and build a more prosperous future Among 64,000 people surveyed in thirteen nations, two thirds feel the world would be a better place if men thought more like women. This marks a global trend away from the winner-takes-all, masculine approach to getting things done. Drawing from interviews at innovative organizations in eighteen nations and at Fortune 500 boardrooms, the authors reveal how men and women alike are recognizing significant value in traits commonly associated with women, such as nurturing, cooperation, communication, and sharing. The Athena Doctrine shows why femininity is the operating system of 21st century prosperity. Advocates a new way to solve today''s toughest problems in business, education, government, and more Based on a landmark survey and results from Young & Rubicam''s respected Brand Asset Valuator''s global survey, Trade Review“Captivating... a fascinating case study of human nature, this book provides insight into future world leaders.” —Publishers Weekly "With a wealth of data and even richer stories from around the world, The Athena Doctrine offers convincing proof that the future requires us to embrace traits and values traditionally linked to women. Leave it to two fathers of daughters to show us how men and women alike are using empathy and collaboration to solve problems big and small. If you care about leadership, creativity, and the world of tomorrow, you must read this book." —Arianna Huffington, president and editor-in-chief, The Huffington Post "The Athena Doctrine is a powerful book. Extraordinary research. Great story telling. A message both timely and of monumental importance." —Tom Peters, leadership guru and bestselling author, In Search of Excellence "Goddess of both craft and wisdom, patron of Odysseus, and inspiration for legions of smart girls, Athena is an icon for our times. The Athena Doctrine offers a gender-neutral approach to embracing a set of values that underpin a new generation of innovation based on connection and creativity. It is an optimistic and energizing book." —Anne-Marie Slaughter, professor of politics and international affairs, Princeton University; former director of policy planning, U.S. Department of State "The Athena Doctrine offers more than ample evidence of the rebalance needed in global leadership. Painstakingly researched and documented, with interviews of amazing people all over the world, the ideas in this book will influence the leaders of tomorrow and, more importantly, make the case for more women leaders." —Pat Mitchell, president and CEO, the Paley Center for Media; curator, TEDxWomen “Rich in data and stories from around the world, this fresh analysis will certainly provoke healthy debate in the workplace and hopefully smash through a few glass ceilings.” —Tina Brown, Editor-in-Chief, Daily Beast and Newsweek “…this is a book for everyone, and I have no doubt that your life and your work will be enriched by reading it.” —Jack Covert, 800-CEORead Table of ContentsIntroduction: The Athena Doctrine 1 1 Great Britain 27 2 Iceland 55 3 Israel 77 4 Japan 103 5 Colombia and Peru 127 6 Kenya 149 7 India 169 8 China 189 9 Sweden, Germany, and Belgium 213 10 Bhutan 237 Conclusion: The Age of Athena 255 More Information 269 Notes 273 Acknowledgments 283 About the Authors 287 Index 291

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Book SynopsisComprehensive coverage of the four major trading styles Evolution of a Trader explores the four trading styles that people use when learning to trade or invest in the stock market. Often, beginners enter the stock market by: Buying and holding onto a stock (value investing). That works well until the trend ends or a bear market begins. Then they try Position trading. This is the same as buy-and-hold, except the technique sells positions before a significant trend change occurs. Swing trading follows when traders increase their frequency of trading, trying to catch the short-term up and down swings. Finally, people try Day trading by completing their trades in a single day. This series provides comprehensive coverage of the four trading styles by offering numerous tips, sharing discoveries, and discussing specific trading setups to help you become a successful trader or investor as you journey through each style. Trade Review“The three books in this series were written for people unfamiliar with the inner workings of the stock market, but will still curl the toes of professionals, too. Research is used to prove the ideas discussed, but is presented in an easy to understand and light-hearted manner. You will find the books to be as entertaining as they are informative and packed with moneymaking tips and ideas. Use the ideas presented here to hone your trading style and improve your success. Whether you are a novice who has never purchased a stock but wants to, or a professional money manager who trades daily, these books are a necessary addition to any market enthusiast’s bookshelf.” —Alan Battista, Stockineer.com Book ReviewTable of ContentsPreface xi Acknowledgments xvii Chapter 1 introduction to Buy and Hold 1 What Is Buy and Hold? 2 Who Should Buy and Hold? 2 My Numbers: Background and Terms 3 Now What? 3 Chapter 2 Stock Selection 5 What Comes After Large Price Moves? 6 Myth: Stocks That Drop Least in a Bear Market Then Soar 7 Stock Selection the Easy Way 8 Two Tips for Stock Selection 9 Buy Fallen Angels 10 What Chart Patterns Appear Before Mergers and Buyouts? 10 What Are Insiders Doing? 13 Chapter 3 Book Value 17 Book Value Defined 18 Value Assets Properly 18 Investing Using Book Value 19 When Is Book Value Important? 19 The Value of Hidden Assets 20 Limits of Book Value 21 Buybacks Lower Book Value 22 Historical Research 22 Price to Book Value: A Good Measure 24 Small Caps: Best Choice 25 Low Stock Price Rules! 27 Book Value and Return on Equity 28 What Is the Best Price to Book Value? 29 Combinations and Performance 30 Trading Strategy: Beating the Dow 31 The Eight-Stock Setup 32 Hold Time for Best Results 34 Chapter 4 Capital Spending 37 Is Decreasing Capital Spending the Holy Grail? 37 Capital Spending Trends versus Performance 38 Frequency Distribution 39 Performance by Market Cap 40 Chapter 5 Cash Flow 43 Historical Research Review 44 Cooking the Books 45 The Numbers 46 Is Increasing Cash Flow Good? 46 Performance by Market Cap 48 Chapter 6 Dividends 51 Stock Dividends: An Explanation 52 Historical Research Review 52 High Yield, High Performance? 53 Testing: Yield and Payout Ratio 54 Which Is Best: Dividends or No Dividends? 55 Surprise: Dividend Cuts Work! 55 When Disaster Strikes 57 Performance by Market Cap 58 Chapter 7 Long-Term Debt 61 The Numbers 61 Is Debt Good? 62 Sinking Ship: Taking on Debt 62 Debt by Market Capitalization 63 Chapter 8 Price-to-Earnings Ratio 67 History Lesson 67 Do Low P/E Stocks Outperform? 68 P/E Trends Down: Good or Bad? 69 Price and Earnings Combinations: Yawn 69 Buy Small Caps with Low P/E 70 High P/E: Time to Sell? 71 Three P/E Tips 71 Chapter 9 Price-to-Sales Ratio 73 Good Benchmark: PSRs Below 1.0 74 PSR Trend: Down Is Best 75 Small Caps, Small PSRs Rule! 75 Checklist: PSRs by Industry 77 Chapter 10 Return on Shareholders’ Equity 81 Low ROE Stocks Outperform: Why? 82 ROE Trend Over Time: Yawn 83 ROE Performance by Market Capitalization 83 Chapter 11 Shares Outstanding 85 Performance versus Shares Outstanding 85 Event Pattern: Dutch Auction Tender Offers 87 Should You Sell? 87 Sell at What Price? 90 Event Pattern: Common Stock Offerings 91 Performance and Market Capitalization 93 Chapter 12 Fundamental Analysis Summary 95 Performance Rank: One-Year Hold 95 Performance Rank: Three-Year Hold 97 Performance Rank: Five-Year Hold 99 Chapter 13 How to Double Your Money 101 How Long to Double? 101 What Is the Best Buy Price? 102 Which Market Caps Do Best? 103 Focus on Fundamentals: Which Are Best? 104 Warning: Losses Ahead. What You Need to Know 110 Testing the Setup 112 Chapter 14 Finding 10-Baggers 115 How Long to 10x? 116 What Is Highest Starting Price? 116 What Happens the First Year? 117 Rising Over Time: How Fast? 118 10‐Baggers by Market Cap 119 Fundamental Ratios Common to 10‐Baggers 119 Industries Most Likely to Make 10‐Baggers 127 The Most Popular Years for 10‐Baggers 128 Surprising Finding about 10‐Bagger Losses 129 Backward Testing 129 Chapter 15 Trading 10-Baggers 133 10‐Bagger Birth 133 Life of a 10‐Bagger 139 10‐Bagger Death 150 Chart Patterns in 10‐Baggers 152 Chapter 16 Selling Buy and Hold 161 The Weinstein Setup 161 Example: The Southwest Airlines Trade 165 Example: Savient Pharmaceuticals 167 1‐2‐3 Trend Change for Downtrends 168 1‐2‐3 Trend Change for Uptrends 170 The Cloudbank Setup 172 Using Trailing Stops to Sell 178 Timely Trend‐Line Exits 180 Can Moving Averages Help? 181 Follow Insider Transactions 183 Selling: Two Ratio Tips 184 Selling Down from a High 185 Chapter 17 Fundamentals: What I Use 189 Two Book Value Tips 190 Do Not Get Singed by Burn Rate 190 Drop Capital Spending! 191 Current Ratio 2.0 191 Prospecting for Growth Using Dividends 191 Rising Earnings, Net Profit 192 P/E Ratio versus Industry 192 Litigation: Stop Pissing People Off! 193 Avoid Too Much Long‐Term Debt 193 Market Capitalization: Big Returns by Going Small 194 Research Spending 194 Sales? Think Money 195 Price‐to‐Sales Ratio: What About Debt? 195 Stock Price: 5 to 20 195 Volume: Thin Ice Ahead! 196 Chapter 18 Introduction to Position Trading 199 What Is Position Trading? 199 Who Should Position Trade and Why? 200 What Position Trading Will Not Do 202 Example Position Trade 202 Chapter 19 Getting Started in Position Trading 207 Check the News or Lose! 208 Trend? What Trend? 209 Trade with the Primary Trend 211 Take Your Pick: Bottom Fishing or Momentum? 212 What Is Market Influence on Stocks? 213 What Chart Patterns Are Best for Position Trades? 214 Busted Chart Patterns Revisited 216 Trading Example: Finding Value in Disaster 218 Chapter 20 Ten Factors Make Chart Patterns Work 223 What Is a Double Bottom? 224 Ten Factors Revealed 226 Scoring System Checklist 232 Scoring Performance 232 Higher Scores Work Best 234 Case Study: Stillwater Mining 235 Case Study: LSB Industries 237 Case Study: Lumber Liquidators 238 Chapter 21 Three Winning Trades and a Funeral 243 The Intel Fiasco 244 Hudson Highland Hiccup 245 CNO Financial Group 248 Complete Production Services 250 Chapter 22 What Not to Do: Three Botched Trades 255 Medivation: Selling Too Late 255 Coldwater Creek: Selling Too Soon 258 Hovnanian: Selling at the Bottom 260 Chapter 23 What We Learned 265 Visual Appendix of Chart Patterns 283 Bibliography 289 About the Author 293 Index 295

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Book SynopsisComprehensive coverage of the four major trading styles Evolution of a Trader explores the four trading styles that people use when learning to trade or invest in the stock market. Often, beginners enter the stock market by: Buying and holding onto a stock (value investing). That works well until the trend ends or a bear market begins. Then they try Position trading. This is the same as buy-and-hold, except the technique sells positions before a significant trend change occurs. Swing trading follows when traders increase their frequency of trading, trying to catch the short-term up and down swings. Finally, people try Day trading by completing their trades in a single day. This series provides comprehensive coverage of the four trading styles by offering numerous tips, sharing discoveries, and discussing specific trading setups to help you become a successful trader or investor as you journey through each style. Trade Review“The three books in this series were written for people unfamiliar with the inner workings of the stock market, but will still curl the toes of professionals, too. Research is used to prove the ideas discussed, but is presented in an easy to understand and light-hearted manner. You will find the books to be as entertaining as they are informative and packed with moneymaking tips and ideas. Use the ideas presented here to hone your trading style and improve your success. Whether you are a novice who has never purchased a stock but wants to, or a professional money manager who trades daily, these books are a necessary addition to any market enthusiast’s bookshelf.” —Alan Battista, Stockineer.com Book ReviewTable of ContentsPreface ix Acknowledgments xv Chapter 1 Introduction to Swing Trading 1 What Is Swing Trading? 1 Who Should Swing Trade? 2 A Swinging Example 3 Looking Ahead 5 Chapter 2 Swinging Techniques 7 Quick Review: Support and Resistance 8 Trendline Trading 9 Trading Using Channels 15 The Three-Bar Net Line Setup 17 First Thrust Pattern for Swing Trading 26 Chapter 3 Swinging Chart Patterns 31 Which Chart Patterns Work Best for Swingers? 32 Trading the High and Tight Flag 33 HTF Trade in Insteel Industries 40 Fishing for Inverted and Ascending Scallops 42 Scallop Trading Tips 43 Twice Is Nice: Eve & Eve Double Bottoms 44 Trading Eve & Eve 46 Top Seven Frequently Traded Chart Patterns 47 My Favorite Chart Patterns 53 Swinging Throwbacks and Pullbacks 56 Trading Example 59 CNO Throwback Entry 60 Measuring Swings 62 FTO Trade 64 Chapter 4 Swing Selling 69 Selling Ideas 70 Top 20 Chart Pattern Performers 71 Diamond Tops and Bottoms 73 Complex Head-and-Shoulders Top 77 The Eight Best Exit Signs 80 Ten Favorite Sell Signals 84 Trading Example: The Teradyne Exit 90 Trading Example: Exiting Forest 92 Trading Example: Swinging CNO 94 Chapter 5 Event Pattern Setups 97 Common Stock Offerings Setup 97 Surviving a Dead-Cat Bounce 102 The Inverted Dead-Cat Bounce Setup 106 Trading Dutch Auction Tender Offers 108 Earnings Surprise Setup 111 Earnings Flag Setup 118 Stock Upgrades and Downgrades 120 Stock Splits 125 Setup: Trading Reverse Splits 129 Chapter 6 Swinging Tools and Setups 133 The Chart Pattern Indicator 133 The Swing Rule 137 Pump Up the Volume or Not 142 Selecting Winners Using Index Relative Strength 145 Three Swing Trading Setups 147 Trading Setup: Simple Moving Average Tests 157 The Smile and Frown Setup 158 Trading Smiles and Frowns 160 Smile and Frown Trading Tips 162 Chapter 7 Introduction to Day Trading 167 What Is Day Trading? 169 Why Day Trade? 169 Is Day Trading for You? 170 What Are the Problems of Day Trading? 172 Chapter 8 Day Trading Basics 177 Managing Expectations: How Much Can You Really Make? 178 Building the Home Office 179 Office Setup Cost 184 Pattern Day Trading Rules 185 Wash Sale Rule 186 Eight Tips for Picking Stocks to Day Trade 187 Price Reversal Times Revealed! 191 What Time Sets Intraday High and Low? 193 Inside Level II Quotes 195 Heartbeat of the Market: Time-and-Sales Ticker 197 Pre-Market Checklist 198 After-Market Analysis 199 Chapter 9 Opening Gap Setup 203 Opening Gap Test Data 204 Setup: Fading the Opening Gap 204 Sample Trade 217 Chapter 10 Day Trading Chart Patterns 221 Day Trading Double Tops 221 Day Trading Triple Tops 225 Day Trading Symmetrical Triangles 226 Day Trading Head-and-Shoulders Tops 228 Day Trading Double Bottoms 229 Day Trading Head-and-Shoulders Bottoms 231 Day Trading Triple Bottoms 232 Other Trading Tips 233 Chapter 11 Opening Range Breakout 237 What Is Best Range Time? 238 The ORB Setup 241 Does the ORB Setup Work? 247 Chapter 12 Ten Horror Stories 251 This is a Winner, Mom. Buy it! 251 Three Newsletter Disasters 252 Three Option and Warrant Disasters 254 Two Missed Opportunities 257 The $1 Million Surprise 260 Chapter 13 closing position 263 Chapter 14 what we learned 265 Visual Appendix of Chart Patterns 277 Bibliography 283 About the Author 287 Index 289

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Book SynopsisPractical advice and tools to help leaders at all levels elevate their skills What can truly set an organization apart? There is only one asset that offers guaranteed differentiation: leadership. Leadership is a deliberate act that requires effort but yields enormous payback. According to the renowned professor Shalom Saar and co-author Michael J. Hargrove, both internationally recognized leadership development consultants, executive coaches and speakers, leadership can be learned and improved through the nine critical competencies explored in this book. Filled with sage advice and engaging examples, as well as multiple mini-assessments, this book presents a programmatic approach to engage and grow leaders at every level and in any type of organization. Outlines the nine core competencies that define exceptional leadership Uses a proven approach to enhance leadership skills that can be applied to any organizational setting Offers a wide array oTable of ContentsA Note from Warren Bennis xi Acknowledgments xiii Introduction xvii 1 The Pillar of Self 1 2 The Pillar of Balance 23 3 The Pillar of Agility 43 4 The Pillar of Change 67 5 The Pillar of Conf lict 89 6 The Pillar of Creativity 113 7 The Pillar of Coaching 135 8 The Pillar of Collaboration 161 9 The Pillar of Results 187 10 The Journey Continues 211 Notes 223 About the Authors 233 Index 235

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Book SynopsisWhy anti-lock brakes make us drive faster Why saving money can lead to financial crisesHow football helmets make the game more dangerousWhy letting forest fires burn can be safer than putting them outWe have learned a staggering amount about human nature and disaster-yet we are continually unprepared for car crashes, floods, and financial crises. Partly this is because the very success we''ve had making life safer enables us to take more extreme, different risks. As our cities, transport systems, and financial markets become more interconnected and complex, so does the potential for disaster. How do we stay safe? Should we? What if our attempts are exposing us even more to the very risks we are trying to avoid? What if acceptance of danger ultimately makes us more secure and prosperous? Is there such a thing as foolproof? In this fascinating account of risk-taking and crisis, Greg Ip presents a macro theoryTrade ReviewA powerful and original book on a vital subject - read it! * Tim Harford, author of The Undercover Economist Strikes Back *Compelling * Financial Times *In this incisive and richly reported book, Greg Ip forces us to rethink our assumptions about risk. He shows that progress might depend on less safety, not more - and that stability can often be destabilizing. FOOLPROOF is the rare book you'll be thinking about long after you've turned the final page. * Daniel H. Pink, author of DRIVE and TO SELL IS HUMAN *Drawing on a fascinating range of stories about forest fires and flood control, football helmets and anti-lock brakes, bank runs and epidemics, Foolproof is about the unintended and often very surprising consequences of our attempts to protect ourselves from disasters. Illuminating and entertaining, this book will change the way you think about the world of risk. * Liaquat Ahamed, Pulitzer Prize-winning author of Lords of Finance *The safer you are, the more you are at risk; crises are born of success as much as failure. Surveying a century of struggles to fend off catastrophe, from financial panic to forest fires, Greg Ip explores these paradoxes deftly, cementing his position as a leading observer of the modern economy-and of the human condition. * Sebastian Mallaby, author of More Money Than God *It has been said that the problem with making things idiot-proof is that someone will just build a better idiot. Greg Ip's new book shows us just how that happens, from anti-lock brakes to the gold standard, to the financial crisis we are still reckoning with today. Deftly written and filled with lucid explanations of complex topics, this is a must-read for anyone who wants to understand why seemingly safe territory so often turns out to be dangerous quicksand. * Megan McArdle, author, The Up Side of Down *

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Book SynopsisA framework for overcoming the six types of innovation killers Everybody wants innovationor do they? Creative People Must Be Stopped shows how individuals and organizations sabotage their own best intentions to encourage outside the box thinking. It shows that the antidote to this self-defeating behavior is to identify which of the six major types of constraints are hindering innovation: individual, group, organizational, industry-wide, societal, or technological. Once innovators and other leaders understand exactly which constraints are working against them and how to overcome them, they can create conditions that foster innovation instead of stopping it in its tracks. The author''s model of constraints on innovation integrates insights from the vast literature on innovation with his own observations of hundreds of organizations. The book is filled with assessments, tools, and real-world examples. The author''s research has been featured in the Trade Review"Creative People Must Be Stopped is among the best books ever written about human imagination in the workplace. David Owens is a master innovator, having practiced his craft as a product designer, researcher, teacher, creativity coach, and executive. The breadth and depth of his experience fills every page of this little gem, which is chock full of hundreds of big and little steps that you can take right now to do more creative work and to lead more innovative teams and organizations."—Robert Sutton, Stanford Professor, Author of the New York Times bestseller Good Boss, Bad Boss "This is no rarefied academic treatment on innovation as an abstract ideal, but a nuts and bolts handbook to dissecting our thought patterns about innovation. Owens dispels the myth that innovation is a binary trait that either exists or does not in a given product, process or business model. Creative People Must be Stopped addresses the myriad ways that novel ideas can fail in the marketplace. Working through a combination of thought experiments and real world examples, the book demonstrates how failures in understanding the context for innovation can prove every bit as deadly to progress as failures of imagination."—Mark Rowan, President, Griffin Technology Inc. "Dave Owens has delivered the survival guide every would-be innovation team requires before entering the fracas battle of bringing ideas to life. Read '6 Ways We Kill Innovation' if you are serious about making stuff and making stuff happen in this dangerous world for good ideas and the creative people who love them."—Peter Durand, Alphachimp Studio, Leading expert in graphic facilitation Table of ContentsIntroduction: Creative People Must Be Stopped! 1 1. The Context of Innovation: Why Everyone Wants Innovation but No One Wants to Change 3 2. Why Most of Us Are More Creative Than We Think: Individual Innovation Constraints 25 3. Why a Brainstorm Meeting Can Be Worse Than No Meeting at All: Innovation Constraints in Groups 57 4. Why You’ll Never Be a Prophet in Your Hometown: Organizational Innovation Constraints 95 5. If It’s Such a Great Idea, Why Isn’t Our Competitor Doing It? Industry Innovation Constraints 125 6. Why My Innovation Means You Have to Change: Societal Innovation Constraints 157 7. How to Take a Really Hard Problem and Make It Completely Impossible: Technological Innovation Constraints 187 8. When Failure Is Not an Option: Leading an Innovation Strategy 223 Appendix A: Using the Assessment Results 249 Appendix B: Innovation Team Contract Guidelines 255 Appendix C: An Innovation Bookshelf 259 References 261 Acknowledgments 267 About the Author 271 Index 273

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Book SynopsisDiscover the secrets to influencing the performance of the people you lead Managers don't get paid for what they do but rather for the performance of their people; therefore, a manager's most important job is coaching behaviors in order to improve performance.Table of ContentsForeword Bill Catlette xi Chapter 1 I’m the Boss of You: The High Cost of Poor Leadership 1 Chapter 2 The Seven Essential Principles of Leadership 11 Chapter 3 The Five Levers of Leadership 25 Chapter 4 Put People First 35 Chapter 5 Connect 71 Chapter 6 Position People to Win 95 Chapter 7 Build Trust 125 Chapter 8 Create Positive Emotional Experiences 143 Conclusion: Your Leadership Legacy 161 Acknowledgments 167 About the Author 173

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Book SynopsisAn authoritative guide to understanding the world of private equity (PE) investing, governance structures, and operational assessments of PE portfolio companies An essential text for any business/finance professional''s library, Private Equity: History, Governance, and Operations, Second Edition begins by presenting historical information regarding the asset class. This information includes historical fundraising and investment levels, returns, correlation of returns to public market indices, and harvest trends. The text subsequently analyzes PE fund and portfolio company governance structures. It also presents ways to improve existing governance structures of these entities. A specific focus on portfolio company operations, including due diligence assessments, concludes the text. Seamlessly blends historical information with practical guidance based on risk management and fundamental accounting techniques Assists the book''s professional audiencTable of ContentsPreface xvii Module I The Private Equity Model and Historical Information Chapter 1 Introduction to Private Equity 3 Introduction 3 What Is Private Equity? 4 General Terms and Brief Overview 5 The Limited Partner Agreement and General Partner Incentives 12 Private Equity Firm Structure and Selected Regulations 15 Types of Private Equity Investment 20 The Private Equity Fundraising Process 22 Recent Fundraising Trends 25 General Partner Investment Restrictions 26 Conclusion 28 Notes 28 Chapter 2 Overview of Historical Trends 29 Introduction 29 A Brief History of Private Equity 29 Private Equity at the Turn of the Century 33 Venture Capital Investment and Returns by Fund Stage 39 Venture Capital and Buyout Returns by Fund Size 43 Secondary Funds 45 Conclusion 48 Notes 48 Chapter 3 Trends in Private Equity 51 Introduction 51 A Changing Tide 51 Overall Industry and Fundraising Trends 54 Selected Regulatory Changes and Proposals 60 Rise of Strategic Buyers 64 Conclusion 66 Notes 66 Chapter 4 Harvesting Private Equity Investments Through Initial Public Offering 69 Initial Public Offerings 69 Basics 69 Initial Steps in the ‘‘Going Public’’ Process 72 Role of the Securities and Exchange Commission and State Policing Bodies 75 Post-IPO Underwriter Responsibilities 77 Registration Documents 78 Historical Trends 79 Summary 83 Notes 83 Chapter 5 Legal Considerations in Initial Public Offerings 85 Introduction 85 Initial Public Offering 86 Introduction 86 Potential Advantages 87 Potential Disadvantages 89 Advance Planning Opportunities 91 Selection of Advisors 91 Securities Counsel 92 Accountants 92 Underwriters 93 Corporate Housekeeping Matters 93 Antitakeover Provisions 93 Management 94 The Initial Public Offering Process 94 Principal Parties 94 Principal Documents 96 Selling Security Holder Documents 98 The Registration Process 100 Possible Liabilities Faced by a Company and Its Directors and Officers 102 Liabilities under Federal Securities Laws 102 The Sarbanes-Oxley Act and Dodd-Frank Act 105 Public Company Filing Obligations 107 Initial Public Offering Alternative: Reverse Mergers 107 Advantages 107 Disadvantages 108 Conclusion 109 Chapter 6 Harvesting Investments Through Mergers and Acquisitions 111 Introduction 111 M&A Basics 111 Types of Takeovers 112 Reverse Takeovers 113 The Takeover Process and Financial Advisor Selection 114 Analyzing Potential Buyers 115 The Sale Process 116 The Bidding Process 118 Reaching an Agreement 119 Historical M&A Trends 120 Conclusion 122 Chapter 7 Legal Considerations in Sale Transactions 123 Introduction 123 Sale Transactions 124 Prior to the Sale Transaction 124 Use of an Investment Banker 124 Marketing Process 125 Due Diligence 125 Negotiations Phase 125 Key Deal Issues 126 Valuation and Pricing Issues 126 Special Issues in Sales of Private Equity Fund–Owned Businesses 132 Sale and Acquisition Structure 134 Merger 134 Asset Purchase 135 Stock Purchase 135 Employee Incentive Issues 135 Cash Retention Bonus 135 Stock Bonuses 136 Recapitalizations 137 The Sale Transaction Process 137 Letter of Intent 137 Disclosure of Acquisitions 138 Time and Responsibility Schedule 138 Definitive Agreements 139 Necessary Consents 140 Conclusion 142 Chapter 8 Intellectual Property and Private Equity 143 Introduction 143 Intellectual Property Rights and Remedies 143 Patents 144 Trademarks 146 Copyrights 147 Trade Secrets 148 Pre-Acquisition Due Diligence 149 Established Barriers to Entry—Evaluating Investment Value 149 Freedom to Practice—Assessing Risk of Proposed Acquisition 151 Creating Intellectual Property Value During Management 152 Leveraging and Monetizing Patent Rights 153 Bolstering Technological Advantages 153 Boosting Brand Development Efforts 154 Preserving Knowledge-Based Resources of the Workforce 155 Positioning the Exit—Reverse Due Diligence 156 Minimizing Exposure of Representations and Warranties 158 Notes 159 Module II Governance Structures in Private Equity Chapter 9 The Private Equity Governance Model 163 Introduction 163 A New Model for Corporate Governance 163 An Analogy to Physics 167 Corporate Governance and the Management of Crisis 168 Public Corporations and the Private Equity Model 171 The Magic of the Private Equity Governance Model 173 Conclusion 175 Notes 176 Chapter 10 Value of Internal Control 177 Introduction 177 Introduction to COSO and Internal Control 178 COSO Background 178 Internal Control Defined 178 Components of Internal Control 179 Control Environment 179 Risk Assessment 182 Enterprise Risk Management 183 Control Activities 184 Information and Communication 186 Monitoring 186 Limitations of Internal Control 188 Control Objectives and Control Components 189 Effectiveness of Internal Control 190 Internal Control and the Private Equity Firm 191 Value of Internal Control for Private Equity Fund Operations 191 Value and the Control Environment 193 Value and Risk 194 Value and Control Activities 194 Value and Information and Communication 195 Value and Monitoring 195 Value of Internal Control for Target Companies 195 Operational Value 196 Financial Reporting Value 197 Compliance Value 197 Conclusion 198 Notes 198 Chapter 11 Internal Control Evaluation 201 Introduction 201 PCAOB Auditing Standard No. 5 203 Phase 1: Planning the Audit 204 Risk Assessment 206 Scaling the Audit 206 Fraud Risk 206 Using the Work of Others 207 Materiality 207 Phase 2: Using a Top-Down Approach 208 Identifying Entry-Level Controls 208 Control Environment 209 Period-End Financial Reporting Process 209 Identifying Significant Accounts and Disclosures and Their Related Assertions 210 Understanding Likely Sources of Misstatement 211 Selecting Controls to Test 211 Phase 3: Testing Controls 211 Testing Design Effectiveness 212 Testing Operating Effectiveness 212 Relationship of Risk to the Evidence to Be Obtained 212 Special Considerations for Subsequent Yearly Audits 213 Phase 4: Evaluating Identified Deficiencies 213 Phase 5: Wrapping Up 215 Forming an Opinion 215 Obtaining Written Representations 215 Communicating Certain Matters 216 Phase 6: Reporting on Internal Controls 217 Conclusion 218 Notes 218 Chapter 12 Financial Statement Fraud and the Investment Decision 219 Introduction 219 Money Laundering 219 Categories of Fraud 221 What Is Fraud? 222 The Required Elements of Fraud 223 Financial Statement Attestation 225 Tax Return Preparation 225 Compilation 226 Review 226 Audit 226 Recommendations 227 Do Not Rely Solely on Financial Statements 227 Pay Attention to Details 228 Follow Up on Unexpected or Interesting Items 229 Maintain Professional Skepticism 229 Explanations Should Be Rational, Reasonable, and Verifiable 230 What Do the Financial Statements Say about the Entity’s Ability to Meet Its Objectives? 230 Fraud and Due Diligence Procedures 231 Background Investigation of Key Employees 231 Testing of Journal Transactions 232 Check File Metadata 232 Conclusion 233 Notes 234 Chapter 13 Professional Standards 235 Introduction 235 Federal Trade Commission 235 Federal Antitrust Legislation 235 Sherman Antitrust Act (1890) 236 Clayton Antitrust Act (1914) 236 Federal Trade Commission Act (1914) 236 Robinson-Patman Act (1936) 237 Celler-Kefauver Antimerger Act (1950) 237 Hart-Scott-Rodino Antitrust Improvement Act (1976) 237 Federal Consumer Protection Legislation 238 Securities and Exchange Commission 239 Securities Act (1933) 239 Securities Exchange Act (1934) 240 Public Utility Holding Company Act (1935) 241 Trust Indenture Act (1939) 241 Investment Company Act (1940) 242 Investment Advisers Act (1940) 242 Foreign Corrupt Practices Act (1977) 243 Sarbanes-Oxley Act (2002) 244 Public Company Accounting Oversight Board 244 Auditor Independence 245 Corporate Governance 246 CEO/CFO Certifications 247 Enhanced Financial Disclosure 247 Civil and Criminal Penalties 247 ‘‘Private’’ Equity Going Public 248 Introduction to Public Standards 248 Public Company Accounting Oversight Board Standards 249 PCAOB Auditing Standard No. 1 249 PCAOB Auditing Standard No. 2 249 PCAOB Auditing Standard No. 3 250 PCAOB Auditing Standard No. 4 250 PCAOB Auditing Standard No. 5 250 The Standard Is Less Prescriptive 251 Scalable Audits 251 Audit Focus 251 Using the Work of Others 252 PCAOB Auditing Standard No. 6 252 PCAOB Auditing Standard No. 7 252 PCAOB Auditing Standard No. 8 252 PCAOB Auditing Standard No. 9 253 PCAOB Auditing Standard No. 10 253 PCAOB Auditing Standard No. 11 253 PCAOB Auditing Standard No. 12 253 PCAOB Auditing Standard No. 13 254 PCAOB Auditing Standard No. 14 254 PCAOB Auditing Standard No. 15 255 American Institute of Certified Public Accountants Auditing Standards 255 SAS 99, ‘‘Consideration of Fraud in a Financial Statement Audit’’ 256 SAS 1 Amendments 257 SAS 85 Amendments 257 SAS 82 Replacements 257 Descriptions and Characteristics of Fraud 258 Professional Skepticism 258 Engagement Team Discussions 258 Fraud Risks 259 Identifying Risks 259 Assessing Risks 259 Responding to the Risk Assessment 260 Evaluating Audit Evidence 261 Auditor Communication 263 Audit Documentation 263 SAS 104, ‘‘Amendment to Statement on Auditing Standards No.1, ‘Codification of Auditing Standards And Procedures (‘‘Due Professional Care in the Performance of Work’’)’ ’’ 264 SAS 105, ‘‘Amendment to Statement on Auditing Standards No. 95, Generally Accepted Auditing Standards’’ 265 SAS 106, ‘‘Audit Evidence’’ 265 SAS 107, ‘‘Audit Risk and Materiality in Conducting the Audit’’ 265 SAS 108, ‘‘Planning and Supervision’’ 266 SAS 109, ‘‘Understanding the Entity and Its Environment and the Risks of Material Misstatement’’ 266 SAS 110, ‘‘Performing Audit Procedures in Response to Assessed Risks and Evaluation of the Audit Evidence Obtained’’ 267 SAS 111, ‘‘Amendment to Statement on Auditing Standards No. 39, ‘Audit Sampling’ ’’ 267 SAS 112, ‘‘Communicating Internal Control Related Matters Identified in an Audit’’ 267 SAS 113, ‘‘Omnibus Statement on Auditing Standards’’ 268 SAS 114, ‘‘The Auditor’s Communication With Those Charged With Governance’’ 269 SAS 116, ‘‘Interim Financial Information’’ 270 American Institute of Certified Public Accountants Accounting and Review Standards 270 SSARS 10 271 SSARS 12 271 Institute of Internal Auditors Standards 272 Information Systems Audit and Control Association 272 Conclusion 273 Notes 273 Module III Understanding Operations Chapter 14 Contemporary Business and Competitive Intelligence 277 Introduction 277 Contemporary Business Intelligence 278 Sources of Information 278 Public Records Searches 278 News Archives 279 Legal Proceedings 279 Patent Awards and Applications 280 Social Networking 280 Employees 280 Competitive Intelligence and the External Environment 281 Normalizing Performance 282 Cost of Capital and the Option to Invest 285 Developing Unique Intelligence 287 An Economic View of Quality 289 Developing Relationships and Navigating Crises 290 Application to Private Equity 291 Investment Decision 291 Strategic Management of Portfolio Companies 291 Exit Strategy 292 Conclusion 292 Notes 292 Chapter 15 Organizations as Humans 293 Introduction 293 Purpose of the Organization 294 Genesis 295 Development and Specialization 296 Parts of the Whole and Maturation 297 Environmental Adaptation 299 Environmental Influence and Interaction 302 Maturity Creates ‘‘The Machine’’ 303 Death of the Organization and Rebirth 304 Strengths and Weaknesses of the Organizations as Humans Metaphor 305 Conclusion 307 Notes 307 Chapter 16 Beginning the Lean Transformation 309 Introduction 309 The Origins of Lean Operations: Lean Manufacturing 310 Potential Pitfalls of Lean 311 Organizational Development 312 Discipline Building 315 What Private Equity Means for Lean 317 Conclusion 318 Note 318 Chapter 17 Performing Manufacturing Due Diligence Assessments 319 Introduction 319 Performing the Assessment 319 Employee Satisfaction 320 Customer Satisfaction and Perceived Quality 322 Corporate Vision and Mission 323 Equipment and Facility Maintenance 324 Visual Management 326 Inventory Management and Product Flow 327 Operational Data and Cost of Sales 328 Conclusion 333 Notes 333 About the Authors 335 Glossary 339 Index 345

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Book SynopsisNew insights for investors and business people looking to create wealth in the turbulent post-crisis world In a no holds barred expose of the 2008 financial meltdown from the inside, Ziad K.Table of ContentsForeword by Marc Rowan xiii Foreword by Herman Cain xvii Prologue xxiii Preface xxv Acknowledgments xxix Introduction xxxiii Prelude xxxix Chapter 1 The War against the Rich 1 Just Who Am I? 3 The Richest Man I Know 4 Why You Are Not Rich 6 Who Are the Rich and Why Should You Care about Them? 9 The Millionaire down the Street 11 The Socialist Fallacy 14 Can We Separate Economics and Politics? 16 Notes 18 Chapter 2 Report from the Battlefield 19 An Inside Job 21 Running the Red Lights 24 The Joker of Gotham City 25 A Crisis of Consciousness 30 Notes 32 Chapter 3 The Seeds of Our Destruction 35 “. . . In Order to Form a More Perfect Union . . .” 37 The Man Who Would Be King 38 The Hamilton Legacy 44 Bringing Hamilton’s Monster to Life 47 Springtime for the Progressives 48 And What about the Fed? 52 Notes 53 Chapter 4 The Face of the Enemy 55 Who Are the Progressives 58 Hubris by Any Other Name 61 The Bankers 65 Politics as Usual 68 Outside Influences 72 Notes 75 Chapter 5 Warfare, Not Terrorism 77 The Return of Civil Disobedience 84 Is Free-Market Capitalism Dead? 92 Notes 95 Chapter 6 Battle Plans 97 What Should America’s Global Role Be? 99 My General Philosophy for Creating “Wealth” 100 The Specifics of the Wealth Creation Process 102 Risks, Rewards, and Opportunities 107 Basic Tenets of My Investment and Wealth Creation Philosophy 109 The Future of Commodities 111 How to Best Protect Your Assets in the Turbulent Times Ahead 113 Invest in Yourself 116 Note 117 Chapter 7 Strategic Goals 119 About the Private Equity Business Today 120 The Five Myths of Private Equity 124 My Personal View on the Biggest Challenges in the Private Equity Industry Today 127 Which Industries Are Particularly Interesting for “Distressed Investing”? 129 What Sectors of the Private Equity Markets Are We Focusing on Today? 130 Private Equity Deal Killers 133 How Do You Turn Billion-Dollar Ideas into Billion-Dollar Businesses? 138 Chapter 8 Tactical Maneuvers 141 Real Estate 142 Alternative Investment Vehicles 144 What Part Did Hedge Funds Play in the Crash of 2008? 148 Bottom Line on Hedge Funds 150 Private Equity Roll-ups 152 Skin in the Game 157 Notes 160 Chapter 9 Global Fronts 161 Targets of Opportunity 164 Rules of Engagement 165 Brazil 168 Russia 170 India 172 China 174 The Middle East and North Africa (MENA) 175 Notes 178 Chapter 10 The Tenth Amendment 181 If It’s Broke, Fix It! 183 How Is It Working for You? 184 Repeal Bad Legislation 185 Cutting Overhead 186 Toward an Equitable Tax System 193 End the Fed 195 Regime Change 197 Notes 199 Conclusion 201 About the Author 205 Index 207

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Book SynopsisTrade Review“With engaging intelligence, Hicks makes a lucid case for the importance of acknowledging a person’s worth within organizations and businesses. It’s a useful book, not only for managers and CEOs, but for anyone wanting to better understand how to bring about the best in themselves and those around them.”—Nina MacLaughlin, Boston GlobeWinner of the 2019 PROSE awards, Business, Management and Finance category“Leading with Dignity conveys a simple, but powerful message: people want to be treated well, and when they are, it brings out the best in them.”—Jon Gordon, author of The Energy Bus and The Power of Positive Leadership“This ‘how-to’ sparks the scaling of dignity within and across us to strengthen human and social capacity. A gift to give and get.”—Dana Born, co-director of the Center for Public Leadership, Harvard University“Nothing short of a landmark publication that will change and influence the public conversation on how we organize and manage.”—Michael Pirson, Fordham University“Donna Hicks articulates for business leaders not only a grand concept but also a practical framework for strengthening corporate culture by recognizing and promoting the inherent value in each employee.”—Kenneth C. Frazier, Chairman and CEO, Merck & Co., Inc.“There has never been a more important time for dignity to be recognized as the key to outstanding institutional, organizational, and community leadership. This book offers a practical and empowering roadmap showing leaders how to build, strengthen, and energize their organizations by cultivating the dignity of all people.”—Linda M. Hartling, Ph.D., Human Dignity and Humiliation Studies “Corporate codes of ethics list treating people with dignity as a core value. Hicks’s book Leading with Dignity brilliantly explains its meaning through practical steps resulting in an ethical culture.”—W. Michael Hoffman, executive director, Center for Business Ethics, Bentley University “This important book speaks directly to leadership and reminds all of us in organizational leadership roles how vital it is to create cultures where the concept of dignity is both understood and embraced. Dignity in practice truly begins at the top!”—Jeanette Clough, president and CEO, Mount Auburn Hospital

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Book SynopsisIs your business ready for the future? Scenario planning is a fascinating, yet still underutilized, business tool that can be of immense value to a company's strategic planning process. It allows companies to visualize the impact that a portfolio of possible futures could have on their competitiveness.Table of ContentsIntroduction 1Albert Einstein may have been a great scientist, but if he’d been a businessman, he’d have lost his job. Chapter 1 Escaping the Tyranny of the Present 6Conventional forecasting and projections won’t help you see much beyond next Tuesday. Scenario planning, on the other hand, won’t nail down the future, either, but there is no such thing as the future, anyway, so that’s all right. Instead, by helping you explore alternative futures, scenario planning will help you see what could happen, so you’ll be better prepared to deal with it. Chapter 2 How-To 26Start to finish, here’s how the process works. (You’ll still want an expert facilitator. My e-mail is wade@11changes.com.) Chapter 3 Case Studies: The Real World 64These four organizations used scenario planning to explore how the future might unfold for a country, an economic sector, an industry, and a company. Chapter 4 Black Swans 140History turns on events that are extremely rare yet have huge consequences. The same is probably true of your company’s future. Chapter 5 Are You Ready? 156Most books about the future are full of predictions. “Just you watch: This will happen.” This book isn’t. Instead, it poses some questions about what could happen. Postscript Thinking the Unthinkable 186A failure of imagination can have tragic results.

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Book SynopsisThe easy way to master an intermediate accounting course Intermediate accounting courses are required for students seeking bachelor's degrees in accounting and often for degrees in finance, business administration, and management.Table of ContentsIntroduction 1 Part I: Introducing Financial Accounting and Standards 7 Chapter 1: Seeing the Big Picture of Financial Accounting 9 Chapter 2: Walking Through the Conceptual Framework of Financial Accounting 23 Chapter 3: Invaluable Valuation 43 Chapter 4: Reviewing the Accounting System 51 Part II: Preparing and Using Financial Statements 65 Chapter 5: Posting Income Statement Profit and Loss 67 Chapter 6: Reporting Assets and Claims: Keeping Your Balance (Sheet) 83 Chapter 7: Follow the Money! Studying Cash Flow 101 Chapter 8: Time Is Money: Looking at the Time Value of Money 115 Part III: Homing in on Current and Noncurrent Assets 127 Chapter 9: Assessing Cash and Receivables 129 Chapter 10: Inventory Cost Flow Assumptions 145 Chapter 11: Buying and Selling Property, Plant, and Equipment (PP&E) 167 Chapter 12: Recognizing Depreciation, Impairments, and Depletion 183 Chapter 13: Keeping Track of Other Noncurrent Assets 197 Part IV: Analyzing Debt and Equity 207 Chapter 14: Tracking Current Liabilities and Contingencies 209 Chapter 15: Planning for Long-Term Obligations 227 Chapter 16: Letting Owners Know Where They Stand: The Equity Section 241 Part V: Accounting for Advanced Intermediate Issues 257 Chapter 17: Accounting for Income Taxes 259 Chapter 18: Accounting for Leases 277 Chapter 19: Fessing Up: Correcting Errors and Reporting Changes in Methods 295 Chapter 20: Is That You, Revenue? Revenue Recognition Concepts 313 Part VI: The Part of Tens 327 Chapter 21: Ten Common Notes to the Financial Statements 329 Chapter 22: Ten Ratios for Financial Statement Analysis 337 Index 343

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Offering a planned approach for determining cause and effect, DOE Simplified: Practical Tools for Effective Experimentation, Third Edition integrates the authorsâ decades of combined experience in providing training, consulting, and computational tools to industrial experimenters. Supplying readers with the statistical means to analyze how numerous variables interact, it is ideal for those seeking breakthroughs in product quality and process efficiency via systematic experimentation.Following in the footsteps of its bestselling predecessors, this edition incorporates a lively approach to learning the fundamentals of the design of experiments (DOE). It lightens up the inherently dry complexities with interesting sidebars and amusing anecdotes.The book explains simple methods for collecting and displaying data and presents comparative experiments for testing hypotheses. Discussing how to block the sources of variation from your analysis, it look

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Book SynopsisAre you innately curious about dynamically inter-operating financial markets? Since the crisis of 2008, there is a need for professionals with more understanding about statistics and data analysis, who can discuss the various risk metrics, particularly those involving extreme events. By providing a resource for training students and professionals in basic and sophisticated analytics, this book meets that need. It offers both the intuition and basic vocabulary as a step towards the financial, statistical, and algorithmic knowledge required to resolve the industry problems, and it depicts a systematic way of developing analytical programs for finance in the statistical language R. Build a hands-on laboratory and run many simulations. Explore the analytical fringes of investments and risk management. Bennett and Hugen help profit-seeking investors and data science students sharpen their skills in many areas, including time-series, forecasting, portfolio selection, covariance clustering, pTrade Review'A very well-written text on financial analytics, focusing on developing statistical models and using simulation to better understand financial data. R is used throughout for examples, allowing the reader to use the text and code to actively engage in the financial market. It is simply the best text on this subject that I have seen. Highly recommended.' Joseph M. Hilbe, Arizona State University'There's a new source in town for those who want to learn R and it's a good, old-fashioned book called Financial Analytics with R: Building a Laptop Laboratory for Data Science … it is a one-stop-shop for everything you need to know to use R for financial analysis. The book meaningfully combines an education on R with relevant problem-solving in financial analysis. [It] is thorough and contextualized with examples from extreme financial events in recent times such as the housing crisis and the Euro crisis. The code samples are relevant - think functions to compute the Sharpe ratio or to implement Bayesian reasoning - and answer many of the questions you might have while trying them out. This is a book that will make you a better practitioner/student/analyst/entrepreneur - whatever your goals may be.' Carrie Shaw, Quandl'The book at hand is unusual in addressing beginners, and in treating R as a general number crunching tool. … It is also one of very few books on R really written for non-statistician non-programmers. … R seems a viable programming language for STEM students to learn, and learning a programming language seems a good idea for such students. This book appears to be the best option for accomplishing that.' Robert W. Hayden, Mathematical Association of America Reviews (www.maa.org)Table of ContentsPreface; Acknowledgements; 1. Analytical thinking; 2. The R language for statistical computing; 3. Financial statistics; 4. Financial securities; 5. Dataset analytics and risk measurement; 6. Time series analysis; 7. The Sharpe ratio; 8. Markowitz mean-variance optimization; 9. Cluster analysis; 10. Gauging the market sentiment; 11. Simulating trading strategies; 12. Data mining using fundamentals; 13. Prediction using fundamentals; 14. Binomial model for options; 15. Black–Scholes model and option implied volatility; Appendix. Probability distributions and statistical analysis; Index.

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Book SynopsisThe classic work from the âœfather of value investingââfully updated for todayâs generation of investorsFirst published in 1934, Security Analysis is one of the most influential financial books ever written. With more than million copies sold, it has provided generations of investors with the timeless value investing philosophy and techniques of the legendary Benjamin Graham and David L. Dodd.Security Analysis, Seventh Edition features the ideas and methods of todayâs masters of value investing, who discuss the influence of Graham and Dodd on todayâs markets and contextualize the philosophy that has influenced so many famous investors.The successful value investor must constantly be in the process of reinvention, of raising his or her game to navigate the terrain of new eras, novel securities, nascent businesses, emerging industries, shifting standards, and evolving market conditions. With the diverse perspectives of experienced contributors

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Book SynopsisNew and expanded edition.An International Bestseller - Over One Million Copies Sold!Shortlisted for the Financial Times/Goldman Sachs Business Book of the Year Award.Since Aristotle, we have fought to understand the causes behind everything. But this ideology is fading. In the age of big data, we can crunch an incomprehensible amount of information, providing us with invaluable insights about the what rather than the why.We''re just starting to reap the benefits: tracking vital signs to foresee deadly infections, predicting building fires, anticipating the best moment to buy a plane ticket, seeing inflation in real time and monitoring social media in order to identify trends. But there is a dark side to big data. Will it be machines, rather than people, that make the decisions? How do you regulate an algorithm? What will happen to privacy? Will individuals be punished for acts they have yet to commit? Trade Review'Just as water is wet in a way that individual water molecules aren't, big data can reveal information in a way that individual bits of data can't. Mayer-Schonberger and Cukier show us the surprising ways that enormous, complex and messy collections of data can be used to predict everything from shopping patterns to flu outbreaks' - Clay Shirky, author of Cognitive Surplus and Here Comes Everybody'Every decade, there are a handful of books that change the way you look at everything. This is one of those books. Society has begun to reckon the change that big data will bring. This book is an incredibly important start' - Lawrence Lessig, Roy L. Furman Professor of Law, Harvard Law School, and author of Remix and Free Culture'An optimistic and practical look at the big data revolution - just the thing to get your head around the big changes already underway and the bigger changes to come' - Cory Doctorow, Boing Boing'In Big Data, Mayer-Schonberger and Cukier break new ground in identifying how today's avalanche of information fundamentally shifts our basic understanding of the world. Argued boldly and written beautifully, the book clearly shows how companies can unlock value, how policymakers need to be on guard, and how everyone's cognitive models need to change' - Joi Ito, Director of the MIT Media Lab'This brilliant book cuts through the mystery and the hype surrounding big data. A must-read for anyone in business, information technology, public policy, intelligence, and medicine. And anyone else who is just plain curious about the future' - John Seely Brown, former Chief Scientist, Xerox Corp. and head of Xerox Palo Alto Research Centre'The book teems with great insights on the new ways of harnessing information, and offers a convincing vision of the future. It is essential reading for anyone who uses - or is affected by - big data' - Jeff Jonas, IBM Fellow & Chief Scientist, IBM Entity Analytics'Big Data is a must-read for anyone who wants to stay ahead of one of the key trends defining the future of business' - Marc Benioff, Chairman and CEO, salesforce.comAn excellent primer - Financial Times

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Book Synopsis Bookkeeping and Accounting In A Week is a simple and straightforward guide to accounts, giving you everything you need to know in just seven short chapters. From understanding the terminology to dealing confidently with accountants, you''ll soon master the basics of bookkeeping and accounting, fast.This book introduces you to the main concepts of bookkeeping and accounting, giving you a basic knowledge and understanding together with practical and thought-provoking exercises. Whether you choose to read it in a week or in a single sitting, Bookkeeping and Accounting In A Week is your fastest route to success:- Sunday: The basic principles of bookkeeping- Monday: Different types of account and ledger- Tuesday: More aspects of bookkeeping- Wednesday: Preparation for the accounts- Thursday: The profit and loss account- Friday: The balance sheet- Saturday: Understanding published accountsABOUT THE SERIESTable of Contents : Sunday: Understand the principles of bookkeeping so that you can prepare and understand financial records. : Monday: Learn about the different types of account and ledgers so that your understanding is taken a stage further. : Tuesday: Study still more aspects of bookkeeping in order to further extend your expertise. : Wednesday: Discover the vital preparatory steps before accounts are prepared so that you know exactly what must be done. : Thursday: Find out how a profit and loss account is prepared and laid out, so that you can understand and use the figures. : Friday: Understand the concept of a balance sheet so that you know the net worth of the business and how assets and liabilities are summarised. : Saturday: Study what must be disclosed in published accounts so that you can obtain key information about almost any company.

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Book Synopsis Is this the right book for me?A jargon-free guide for the small business owner or managerSmall Business Accounting is a jargon-free joy for the small business owner or manager, providing practical examples of real businesses to show the reader, step by step, how to record each transaction. This book does not assume that you know anything at all about business records and accounts and gives a system for real businesses to be operated by real business people who want a simple, easy and, above all, quick system of book keeping. Forget about debits and credits, journal entries, ledgers and day books. If you can read a bank statement this book will teach you how to prepare accounts, make cashflow forecasts and prepare a budget. And when you do need to use an accountant, it tells you how best to find a reliable one.Small Business Accounting includes: Chapter 1: Introduction Chapter 2: Your bank account Chapter 3:Table of Contents 01: introduction 02: case studies 03: your bank account: 04: a simple cashbook; 05: analysis columns: layout;managing your creditors; 06: payments – filing: filing invoices;managing your creditors; 07: payments – cheque book:running totals;old cheque books 08: payments – cashbook: 09: non-allowable expenses: 10: purchase of equipment: scope of this chapter; recording transactions; capital allowance calculations 11: credit cards: scope of this chapter; how to use a credit card for business; bill paid in full; when only part of the bill is paid off; filing;notes on timing 12: petty cash: cheque reimbursement;imprest petty cash system 13: 13 receipts – filing: cash or credit?; 14: receipts – paying-in book: credit business; cash business 15: receipts – cashbook: 16: capital introduced: 17: end of month procedures: 18: VAT; scope of this chapter; 19: wages: scope of this chapter; 20: end of year totals: cashbook totals;adjustment for balances brought forward;further adjustments 21: adjustments for payments:recording the adjustments;possible adjustments 22: adjustments to receipts: debtors; 23: transfer to tax return: 24: trial balance: introduction; 25: final accounts: adjusting payments; 26: budgeting and cash-flow forecasting: 27: costing and pricing: introduction; 28: computerisation: introduction; : appendix 1: ten top tips for choosing an accountant : appendix 2: jargonbuster : appendix 3: stationery list : appendix 4: recording sales of assets in a set of accounts : index

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Book SynopsisWhether you want to break into this burgeoning industry, or you simply need to plan an event and don t know where to start, there s something for all would-be event planners in Event Management For Dummies.Table of ContentsIntroduction 1 Part I: Getting Started 5 Chapter 1: Why Put on An Event? 7 Chapter 2: Knowing Your Audience 17 Chapter 3: Deciding on the Type of Event To Put On 27 Chapter 4: Managing Your Team to Manage Your Event 53 Chapter 5: Budget Planning and Management 75 Part II: Planning Your Event’s Look and Feel 101 Chapter 6: Crafting the Message 103 Chapter 7: Designing the Experience 115 Chapter 8: Making Sure People Know about Your Event 141 Part III: When, Where and Who: The Devil’s in the Detail 161 Chapter 9: Timings, Timings, Timings 163 Chapter 10: Deciding Where to Hold Your Event 185 Chapter 11: Who Does What: Front and Back of House 213 Part IV: Considering Potential Problems 225 Chapter 12: Keeping Healthy, Safe and Secure 227 Chapter 13: Fail to Prepare, Prepare to Fail! Contingency Planning 253 Part V: On the Day and Beyond 265 Chapter 14: Measuring the Success of Your Event 267 Chapter 15: Building on the Event 281 Part VI: The Part of Tens 287 Chapter 16: Ten Types of Suppliers You Need in Your Address Book 289 Chapter 17: Ten Online Resources For Event Planners 293 Chapter 18: Ten Things to Have in Your Event Kit during the Build and Show Day 297 Chapter 19: About Ten Tips for Building a Career in Event Management 301 Index 305

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Book Synopsis''A landmark new book.'' - The GuardianAge of Discovery looks at the world on the brink of a new Renaissance and asks the question, how do we avoid chaos and disruption, and share more widely the benefits of progress?Now is humanity's best moment. And our most fragile. Global health, wealth and education are booming. Scientific discovery is flourishing. But the same forces that make big gains possible for some of us deliver big losses to othersand tangle us together in ways that make everyone vulnerable.We've been here before. The first Renaissance, the time of Columbus, Copernicus, Gutenberg and others, redrew all maps of the world, liberated information and shifted Western civilization from the medieval to the early modern era. Such change came at a price: social division, political extremism, economic shocks, pandemics and other unintended consequences of human endeavour.Now is our second Renaissance. In the face Trade ReviewA landmark new book. -- The GuardianA bold mega-analysis of global education, health, prosperity and technology...incisive and rich in context and granularity. -- NatureAn essential guide - and a superb ride - through our current stormy moment. -- Arianna Huffington * Editor-in-Chief, Huffington Post *A powerful journey…This book will help the world. -- Richard Branson * Founder, Virgin Group *Everyone should read it. -- Michael Spence * Nobel Laureate in Economics *Ian and Chris ask—and answer—the big, essential questions…We should thank them for their audacity. -- Christine Lagarde * Managing Director, International Monetary Fund *This fascinating book…should interest all who care about the future of humanity. -- Lord Martin Rees * Astronomer Royal & past President of the Royal Society *A much-needed dose of perspective in our increasingly short-term-focused world. -- Dominic Barton * Global Managing Director, McKinsey & Co *Essential reading to navigate the waves of innovation we face today. -- Garry Kasparov * 13th World Chess Champion *A call to action we all need to hear. -- Kumi Naidoo * International Executive Director, Greenpeace *An education and a great read in one. -- AC Grayling * Philosopher *Outstanding insights for all those interested in the stresses of the modern world and how other ages have confronted them. -- Andrew Hamilton * President, NYU & past Vice-Chancellor, Oxford University *A very important reminder to grasp the opportunities in the many challenges we are facing today. -- Hans-Paul Bürkner * Chairman, Boston Consulting Group *A refreshing change from the shallow analyses and sterile nostrums of the right and the left…an impressive and important book. -- Edmund Phelps * Nobel Laureate in Economics *A hugely stimulating book…Everyone should heed the authors’ call. -- Niall Ferguson * Professor of History, Harvard University *A must-read for present and future leaders everywhere. -- Asha Kanwar * President, Commonwealth of Learning *A remarkable feat of both history and prophecy. Ian and Chris have given us a gift of self-reflection that is indeed rare. I can’t believe the book is so light and small for accomplishing such a heavy lift. -- Larry Brilliant * President, Skoll Global Threats Fund & past Executive Director, Google.org *A masterpiece. -- Vijay Govindarajan * New York Times best-selling author *A rich portrait…powerful parallels…essential insights for all of us—including for every emerging Michelangelo and da Vinci. -- Reid Hoffman * Founder & Chairman, LinkedIn *‘[A] lively account of both Renaissance and modern history...Maybe someone should send Mr. Trump a copy of this book; it might yield some thought-­provoking tweets. -- Financial TimesIf you read only one thing... -- PoliticoFar-sighted...Age of Discovery succeeds in convincing that this is an uncommonly interesting time to be alive, with unusual levels of promise—and peril. -- Times Higher Education SupplementA highly stimulating, indeed challenging book. -- ForbesEnlightening. -- The Sunday TelegraphAge of Discovery will leave its readers drained by the scale of the problems we face…but its scope and authority reward the effort. -- Daily TelegraphBreathless. -- New StatesmanUrgent reading everywhere. -- Shanghai Review of BooksThis book completely blows my mind. -- ‘Tell Me Everything with John Fugelsang’ on Sirius/XMWow. -- ABC Afternoons with James ValentineAudacious. -- Salon.comCharts the birth of a brave new world…Impressive. -- Morning StarA rallying cry for an aspirational future. -- CBC NewsA fantastic new book. -- Breitbart.comEdifying and thoroughly entertaining. -- Inside Higher EdA brilliant, “big-think” read of serious scholarship and keen observation of our present moment. It is a prescient warning, a call to action to the better angels of our nature, and a map for a new age of discovery. -- 800-CEO-READThe best book I’ve read in the past five years. -- 33Voices.comImportant. Powerful. -- FutureSquaredAn immense contribution to rethinking our epoch. -- Cambridge Business ReviewTable of Contents1. What’s Past is Prologue Part I: The Facts of a Renaissance Age 2. The New World 3. New Tangles 4. Vitruvian Man Part II: Flourishing Genius 5. Copernican Revolutions 6. Cathedrals, Believers and Doubt Part III: Flourishing Risk 7. The Pox is Spreading, Venice is Sinking 8. Bonfires and Belonging Part IV: The Contest for our Future 9. David

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Book SynopsisDialogic Organization Development is a compelling alternative to the classical action research approach to planned change. Organizations are seen as fluid, socially constructed realities that are continuously created through conversations and images - change happens when those conversations and images change. Leaders and consultants can help foster, support, or accelerate the emergence of transformational possibilities by encouraging disruptions to taken-for-granted ways of thinking and acting and the use of generative images to stimulate new organizational conversations and narratives. Dialogic OD is a different mindset, but itâs also the previously unrecognized underpinning of a diverse array of change methods, such as Appreciative Inquiry, the Art of Convening, Open Space Technology, and many more.

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Book SynopsisPublished in 1820, this two-volume guide to the Arctic was written by distinguished scientist and explorer William Scoresby (17891857). Volume 2 focuses on the history, development, and methods of whaling in the polar regions and includes the account of a whaling voyage in 1816.Table of Contents1. Chronological history of the northern whale-fisheries; 2. Comparative view of the origin, progress, and present state of the whale-fisheries of different European nations; 3. Situation of the early whale-fishery. Manner in which it was conducted, and the alterations which have subsequently taken place; 4. Account of the modern whale-fishery, as conducted at Spitzbergen; 5. Account of the Davis' Strait whale-fishery, and a comparison with that of Greenland, with statements of expences and profits of a fishing ship; 6. Method of extracting oil and preparing whalebone, and remarks on the uses to which the several products of the whale-fishery are applied; 7. Narrative of proceedings on board of the ship Esk, during a whale-fishing voyage to the coast of Spitzbergen, in the year 1816; Appendix; Index.

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Book SynopsisâœDream, Believe, Dare, Do . . .âThough four simple words, this carefully crafted credo lies at the heart of Walt Disneyâs enviable empire and has led The Walt Disney Company to prosperity for decades. As foremost experts on Disney, authors Bill Capodagli and Lynn Jackson return with an updated and expanded third edition of The Disney Way to show how organizations can incorporate this four-pillared credo to support any business, drive any team, and guide any leader to create immeasurable success.Profiling a new set of diverse organizationsâsuch as TYRA Beauty, Rainbow Babies & Childrenâs Hospital, Ottawa County, Michigan, and Science Center of Iowaâthe authors show how companies of any size, whether an entrepreneurial startup or a Fortune 500, can reach their utmost potential by embracing Walt Disneyâs techniques to create a consumer-centric culture. They provide step-by-step actions on how to: â Give every member of your organizTable of ContentsForeword to the Third Edition, by John Christensen ixPreface to the Third Edition xiChapter 1. Walt’s Way 1DREAMChapter 2. Make Everyone’s Dreams Come True 15BELIEVEChapter 3. You Better Believe It 31Chapter 4. Never a Customer, Always a Guest 53Chapter 5. All for One and One for All 75Chapter 6. Share the Spotlight 101DAREChapter 7. Dare to Dare 125DOChapter 8. Practice, Practice, Practice 143Chapter 9. Make Your Elephant Fly—Plan 163Chapter 10. Capture the Magic with Storyboards 179Chapter 11. Give Details Top Billing 203Chapter 12. Love: The Real Pixie Dust 215PUTTING IT TOGETHERChapter 13. Ottawa County, Michigan: Disney’s Success Credo Transforms County Government 233Chapter 14. Producing a Customer-Centric Culture: An Implementation Strategy 253Epilogue: The Magic Continues 263Acknowledgments 271Index 275About the Authors 287

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Book SynopsisOne reason public speaking is such a nightmare for so many people is that they think they have to be âœperfect.â They drive themselves crazy trying to conform to all sorts of handed-down rules that tie them up in knots and put their audiences to sleep. Karen Hough says you can throw out those rules, relax, be yourself, make âœmistakes,â and connect with your audience much more effectively than the guy with the impeccable PowerPoint slides. Hough has used her unique presentation approach to take the anxiety out of one of the greatest fears in business. Her book debunks over a dozen myths about presentations to make them more fun and natural for everybody. Its authenticity and passion that win people over not polish. But you canât be authentic if youâre following someone elseâs rules. Hough shows how you can embrace your own style and communicate your message without worrying constantly about antiquated dos and donâts. Follow Karenâs âœbad adviceâ and youâll be surprised to learn youâre actually a naturally skilled presenter.

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Book SynopsisDon't let destructive drama sideline your career. Every organization has its share of political drama: Personalities clash. Agendas compete. Turf wars erupt. But you need to work productively with your colleagues--even difficult ones--for the good of your organization and your career. How can you do that without compromising your personal values? By acknowledging that power dynamics and unwritten rules exist--and navigating them constructively. The HBR Guide to Office Politics will help you succeed at work without being a power grabber or a corporate climber. Instead you'll cultivate a political strategy that's authentic to you. You'll learn how to: * Gain influence without losing your integrity * Contend with backstabbers and bullies * Work through tough conversations * Manage tensions when resources are scarce * Get your share of choice assignments * Accept that not all conflict is bad Arm yourself with the advice you need to succeed on the job, from a source you trust. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges.Trade Review"To help people learn how to use office politics to get things done rather than merely suffer as the victim of the machinations of others, Harvard Business Review Press has just published HBR Guide to Office Politics by Karen Dillon." -- Vedomosti "Office politics might sound a somewhat throwaway knockabout topic for such an esteemed set of guides but as former Harvard Business Review editor Karen Dillon demonstrates, it's deadly serious. Her guide tackles common quandaries, from an over-controlling manager to a bullying colleague, employing real, practical advice rather than pop psychology, and her guidance on effective conflict management techniques is as sound as you'll read anywhere." -- People Management (UK) "The tagline to HBR Guide to Office Politics is "Rise above rivalry, Avoid power games, Build better relationships." It offers dozens of really useful tips to help us do exactly that." -- MindTools (mindtools.com)

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Book SynopsisWhether you're dealing with a problem employee or praising the good work of a colleague, you need to communicate in a way that promotes positive change in others. Giving Effective Feedback quickly walks you through the basics of delivering feedback that gets results, including:Choosing the right time to talkEngaging in productive dialogueHelping both star and struggling performersDeveloping a plan for effective follow-up Don't have much time? Get up to speed fast on the most essential business skills with HBR's 20-Minute Manager series. Whether you need a crash course or a brief refresher, each book in the series is a concise, practical primer that will help you brush up on a key management topic. Advice you can quickly read and apply, for ambitious professionals and aspiring executives--from the most trusted source in business. Also available as an ebook.

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Book SynopsisStrong family governance can create an environment of smooth decision making, cohesiveness, effective conflict resolution and a directive that moves the business forward. Authors Aronoff and Ward show leaders why a strong governance is critical to taking families from one generation of success to the next.Trade Review'Initially, our directors were all family members, and we used Family Business Governance: Maximizing Family and Business Potential as a guide to restructuring our board of directors, which now include outside directors. The book helped us to have a more professional and productive board.' - Judy Whitaker, VP, Witaker Oil Company, Atlanta, GA 'Aronoff and Ward have done it again, Family Business Governance: Maximizing Family and Business Potential meets the high standards, previously established by the Family Business Leadership Series. For any business owning family who wants to improve how the family and its business are governed, this is a must. Not only do the authors list the questions that must be answered by the family, the Board, and top management of the firm if they are to establish the best governance practices, their cast experience allows them to wax normative and to point out the pitfalls to be avoided.' - Professor Alden G. Lank, President, Family Business Network, Professor of Family Enterprises Emeritus, IMD, Lausanne, Switzerland, President, Lank Family Business Associates, LLC, Hingham, MA 'Each Family Business Leadership Series booklet is packed cover-to-cover with expert guidance, solid information, and ideas that work...you deliver.' - Alan Campbell, CFO, Campbell Motel Properties, Inc., Brea, CATable of ContentsIntroduction The Importance of Thoughtful and Effective Governance The Differing Roles of the Family and the Board Organizing the Family Organizing the Board Managing Overlapping Concerns Managing Communication Between Family and Board How Governance Changes as the Family Business Evolves Summary

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Book SynopsisOne of the “few great investment books” (Andrew Tobias) ever written, with 2 million copies in printTrade Review"Talk to 10 money experts and you’re likely to hear 10 recommendations for Burton Malkiel’s classic investing book." -- The Wall Street Journal"A Random Walk has set thousands of investors on a straight path since it was first published in 1973. Even if you read the book then or more recently, a refresher course is probably in order.… A lucid mix of the theoretical and the pragmatic." -- Chicago Tribune"Not more than half a dozen really good books about investing have been written in the past fifty years. This one may well belong in the classics category." -- Forbes"Do you want to do well in the stock market? Here’s the best advice. Scrape together a few bucks and buy Burton Malkiel’s book. Then take what’s left and put it in an index fund." -- The Los Angeles Times

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