Business, Finance & Law Books

Book SynopsisFocuses on quantitative trading. This book offers readers an insight into how and why each trading strategy was developed, how it was implemented, and even how it was coded. It is suitable for anyone looking to create their own systematic trading strategies.Table of ContentsPreface ix Chapter 1 Backtesting and Automated Execution 1 Chapter 2 The Basics of Mean Reversion 39 Chapter 3 Implementing Mean Reversion Strategies 63 Chapter 4 Mean Reversion of Stocks and ETFs 87 Chapter 5 Mean Reversion of Currencies and Futures 107 Chapter 6 Interday Momentum Strategies 133 Chapter 7 Intraday Momentum Strategies 155 Chapter 8 Risk Management 169 Conclusion 187 Bibliography 191 About the Author 197 About the Website 199 Index 201

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Book SynopsisA unique selection of the greatest thinkers from the fields of philosophy, political theory, sociology, art, architecture and literature, with enjoyable profiles of what they have to teach to us today.

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Book SynopsisA detailed guide to profiting from trend reversals using the technical analysis of price action The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that.Table of ContentsAcknowledgments xi List of Terms Used in This Book xiii Introduction 1 PART I Trend Reversals: A Trend Becoming an Opposite Trend 35 CHAPTER 1 Example of How to Trade a Reversal 73 CHAPTER 2 Signs of Strength in a Reversal 79 CHAPTER 3 Major Trend Reversal 83 CHAPTER 4 Climactic Reversals: A Spike Followed by a Spike in the Opposite Direction 111 CHAPTER 5 Wedges and Other Three-Push Reversal Patterns 151 CHAPTER 6 Expanding Triangles 181 CHAPTER 7 Final Flags 189 CHAPTER 8 Double Top and Bottom Pullbacks 217 CHAPTER 9 Failures 225 CHAPTER 10 Huge Volume Reversals on Daily Charts 257 PART II Day Trading 261 CHAPTER 11 Key Times of the Day 263 CHAPTER 12 Markets 271 CHAPTER 13 Time Frames and Chart Types 273 CHAPTER 14 Globex, Premarket, Postmarket, and Overnight Market 287 CHAPTER 15 Always In 293 CHAPTER 16 Extreme Scalping 317 PART III The First Hour (The Opening Range) 331 CHAPTER 17 Patterns Related to the Premarket 353 CHAPTER 18 Patterns Related to Yesterday: Breakouts, Breakout Pullbacks, and Failed Breakouts 357 CHAPTER 19 Opening Patterns and Reversals 373 CHAPTER 20 Gap Openings: Reversals and Continuations 395 PART IV Putting It All Together 401 CHAPTER 21 Detailed Day Trading Examples 403 CHAPTER 22 Daily, Weekly, and Monthly Charts 415 CHAPTER 23 Options 431 CHAPTER 24 The Best Trades: Putting It All Together 455 CHAPTER 25 Trading Guidelines 527 About the Author 541 About the Website 543 Index 545

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Book SynopsisDependence on computers has had a transformative effect on human society. Cybernetics is now woven into the core functions of virtually every basic institution, including our oldest ones. War is one such institution, and the digital revolution''s impact on it has been profound. The American military, which has no peer, is almost completely reliant on high-tech computer systems. Given the Internet''s potential for full-spectrum surveillance and information disruption, the marshaling of computer networks represents the next stage of cyberwar. Indeed, it is upon us already. The recent Stuxnet episode, in which Israel fed a malignant computer virus into Iran''s nuclear facilities, is one such example. Penetration into US government computer systems by Chinese hackers-presumably sponsored by the Chinese government-is another. Together, they point to a new era in the evolution of human conflict. In Cybersecurity: What Everyone Needs to Know, noted experts Peter W. Singer and Allan Friedman lay out how the revolution in military cybernetics occurred and explain where it is headed. They begin with an explanation of what cyberspace is before moving on to discussions of how it can be exploited and why it is so hard to defend. Throughout, they discuss the latest developments in military and security technology. Singer and Friedman close with a discussion of how people and governments can protect themselves. In sum, Cybersecurity is the definitive account on the subject for the educated layman who wants to know more about the nature of war, conflict, and security in the twenty first century.Trade ReviewIn our digital age, the issues of cybersecurity are no longer just for the technology crowd; they matter to us all. Whether you work in business or politics, the military or the media -- or are simply an ordinary citizen -- this is an essential read. * Eric Schmidt, Executive Chairman, Google *This is the most approachable and readable book ever written on the cyber world. The authors have distilled the key facts and policy, provided sensible recommendations, and opened the debate generally to any informed citizen: a singular achievement. A must read for practitioners and scholars alike. * Admiral James Stavridis, U.S. Navy (Ret), former Supreme Allied Commander at NATO *In confronting the cybersecurity problem, it's important for all of us to become knowledgeable and involved. This book makes that possible -- and also fascinating. It's everything you need to know about cybersecurity, wonderfully presented in a clear and smart way. * Walter Isaacson, author of Steve Jobs *If you read only one book about 'all this cyberstuff,' make it this one. Singer and Friedman know how to make even the most complicated material accessible and even entertaining, while at the same time making a powerful case for why all of us need to know more and think harder about the (cyber)world we know live in. * Anne-Marie Slaughter, President, the New America Foundation *Singer and Friedman do a highly credible job of documenting the present and likely future risky state of cyber-affairs. This is a clarion call. * Vint Cerf, "Father of the Internet," Presidential Medal of Freedom winner *I loved this book. Wow. Until I read this astonishing and important book, I didn't know how much I didn't know about the hidden world of cybersecurity and cyberwar. Singer and Friedman make comprehensible an impossibly complex subject, and expose the frightening truth of just how vulnerable we are. Understanding these often-invisible threats to our personal and national security is a necessary first step toward defending ourselves against them. This is an essential read. * Howard Gordon, Executive Producer of 24 and co-creator of Homeland *Singer and Friedman blend a wonderfully easy to follow FAQ format with engaging prose, weaving explanations of the elements of cybersecurity with revealing anecdotes. From the fundamentals of Internet architecture to the topical intrigue of recent security leaks, this book provides an accessible and enjoyable analysis of the current cybersecurity landscape and what it could look like in the future. * Jonathan Zittrain, Professor of Law and Computer Science at Harvard University, author of The Future of the Internet - And How to Stop It *Cybersecurity and Cyberwar: What Everyone Needs To Know aims to demystify "cyber stuff" and arm readers - from the everyday Internet user to the policymaker - with the necessary tools to better understand cybersecurity and the threats that face it ... Essential reading for anyone interested in national security. * Politico *More than anything else, the book is a reality check If you're completely ignorant about malware and cyberattacks, this is the book for you. And if you think you know a lot about these topics, this is still the book for you. It's thorough, exhaustive, and easy to read. And it eloquently simplifies every complicated issue, challenging widespread notions about cybersecurity and cyberwar. In this extremely approachable book, Singer and Friedman may have very well told us all we need to know about cybersecurity and cyberwar. Now it's up to us all to work together to make the Internet a better place. * Mashable *The easy-to-read style, sprinkled with colloquial language, humor, and anecdotes, will make the book particularly engagingPerhaps most importantly, this book will be a significant contribution to building a deeper understanding and a common base of knowledge around cybersecurity issues. This, in turn, may serve as a foundation for enabling policymakers, scholars, and citizens to begin building a crucial dialogue and much-needed conversation around how to approach, understand, and deal with the important policy implications of cybersecurity and cyberwar. * E-International Relations *A sobering indictment of the current US cybersecurity policy, which has so far been characterized by a dangerous mix of ignorance and shrill hysteria over oft-warned-about but not-yet-realized "cyber Pearl Harbor" catastrophes ... Singer and Friedman cut through this alarmist rhetoric, demystifying technical jargon with simple questions like "How Does The Internet Actually Work?"; "What Is Hacktivism?"; and "Do We Need A Cyberspace Treaty?" The result is an honest, well-researched appraisal of the impact of cyber threats, and the potential solutions for cybersecurity. * Vice Magazine "Motherboard" *Lawyers, consider this your official warning about cybersecurity ... A thorough, comprehensible, and sometimes entertaining explanation of the digital revolution, how we got here, and what lies ahead. * NC Lawyers Weekly *An impressively comprehensive guide to one of the least understood arenas of modern life. * Popular Science *In writing Cybersecurity and Cyberwar: What Everyone Needs To Know, authors Peter W. Singer and Allan Friedman do what few cybersecurity and war scholars do: They tie together the history of the generative Internet, and its foundations in curiosity and experimentation, with the politico-military cyber security community housed in government. They connect the dots between technological traits and their insecurities. And they tell the stories of the people, not just the machines. In the book, Singer and Friedman break down to building blocks what Internet and the World Wide Web are made of, then use those to build back up to sophisticated concepts and information ... At its core, Cybersecurity and Cyberwar makes the point that cybersecurity risk is human risk. * ThinkProgress *exposes serious ignorance and incompetence in surprisingly high places. * Australia Broadcasting Corporation *Though it's concise, at 300 pages, the guide covers cyber issues, both personal and global, with easy-to-understand explanations and engaging stories. * The Charlotte Observer *The pace of global digitization, and the widespread lack of understanding of related security risks, is a ticking time bomb ... If you don't know your asymmetric cryptography from your spear phishing, this is a thoughtful introduction. * Nature *In short, this book is a genuine must-read for anyone interested in cyber security issues, regardless of their background or level of expertise. Singer and Friedman present a lucid, concise and highly informative breakdown of current cyber security matters and their implications at the global, state, corporate and individual levels. Aside from the highly informative arguments and evidence featured in this book, the style in which it is written allows it to appeal to both experts and newcomers to the subject of cyber security. We can say no more than this book is essential reading in the modern world. * Monitor *Table of Contents1. Why cyberspace is wonderfulEL and complicated ; What is cyberspace? ; Why do people talk about the difference of a networked world? ; How does the Internet actually work? ; Who owns this thing? ; WaitEL You mean no one runs the internet? ; What can governments do online? What are the limits of state power? ; Just how dependent are we on cyberspace? ; 2. Security and Insecurity Online ; What do we mean by a <"secure>" system? ; What is the difference between an attack on a network and an attack on a system? ; How does anti-virus software work? ; How do you defend a network? ; Why is anonymity a problem online? Why is it relatively easy to act without accountability? ; How can you authenticate some one to be sure they are who they say they are? ; How do we keep data secure in cyberspace? ; 3. Threats and Bad Actors ; o Differentiating threats ; o Value at risk ; What are the bad guys after? What can you really do with a computer? ; What's the worst you can do? Can a hacker really turn off the power grid? ; o Different motivations of attackers ; o Different types of attacks ; o What is Cyber Terrorism, actually? ; What does "cyberwarfare" mean? ; How are countries militarizing cyberspace? Why? ; So if we just built better systems, could we have a secure internet? ; 4. Case Studies / Examples of attacks ; o Aurora / Google {phishing, attribution} ; o Stuxnet {Critical infrastructure, intelligence} ; o Wikileaks data breach & fallout {data protection, DoS} ; o Israel-Syria Air Defense {Cyber-Kinetic Crossover, cyberwar} ; - ; 5. Why securing cyberspace is hard ; What are some mechanisms that enable us to trust systems or data? ; What is the difference between espionage and exploitation? ; Why not just write better software? ; Why can't network operators detect bad behavior? ; Why security through obscurity doesn't work ; How do we know what has happened after a cyber incident? ; How does the rise in <"cloud computing>" change the dynamics of cyber security? ; What makes mobile computing different? ; If everyone's systems are vulnerable, can't defenders just interrupt the attacker's systems? ; Why is it so hard to know who the attackers are? ; Why does attribution matter? ; How do we measure a cyber risk? ; Why aren't users able to protect themselves? ; Don't vendors and service providers have enough incentives to provide good security? ; Why aren't companies investing enough to protect themselves? ; 6. International Dimensions ; What changes when cyber problems cross international borders? ; How do countries differ in their approach to cyberspace? ; Who has the biggest cyber armies? ; What constitutes an act of war? ; How does law enforcement deal with international boundaries? ; What are existing international organizations currently doing? ; What international treaties are in place? ; Why don't the classic models of military deterrence work for cyberspace? ; What are the obstacles to international cooperation to resolve cybersecurity issues? ; 7.The path forward to a more secure cyberspace ; It sounds like every aspect of modern life is vulnerable. Are things really that bad? ; Why can't we just re-built the technology to prevent bad behavior? ; Can we impose accountability through national control of cyberspace? ; How can private firms be incentivized to internalize their risk? ; If a company or government agency was willing to invest in cyber security defenses, what would stand in their way? ; Can internet service providers do more to identity and stop bad behavior? ; How can we make it harder for bad actors to profit from successful attacks ; What can I do to protect myself?

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Book SynopsisRevolutionize Your World: The Power of Radical EngagementIn a world crying out for change, Everyday Habits for Transforming Systems is your guidebook for action. Adam Kahane, the best-selling author of Collaborating with the Enemy and a global authority on solving tough problems, delivers game-changing advice for anyone ready to make a difference.This is a manifesto for world-changers. Drawing on decades of work with leaders from national and organizational presidents to front-line managers and grass-roots activists, Kahane distills seven potent habits that enable ordinary citizens to become extraordinary agents of transformation.Imagine: Cracking open entrenched systems with simple actions Collaborating across deep divides to achieve the impossible Uncovering hidden leverage points others miss Persevering through setbacks with renewed purpose and energy Through riveting real-world examples, Kahane shows how these habits have sparked revolutions, brokered peace, and reimagined societies. Now he''s handing you the keys to that transformative power.Whether you''re battling climate change, reinventing healthcare, or simply trying to make your community better, this book is your essential guide. It''s time to stop feeling powerless and start creating the change you want to see.Don''t just survive in a changing world?step in to transform it.

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Book SynopsisGiven the changes in the way business is being conducted today, leadership is increasingly important. John C. Maxwell offers a blend of advice and personal wisdom to show how to increase awareness of your skills when it comes to leading those around you, helping you to help them be better as well.

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Book SynopsisThe U.S. health care system is in crisis. At stake are the quality of care for millions of Americans and the financial well-being of individuals and employers squeezed by skyrocketing premiums--not to mention the stability of state and federal government budgets. In Redefining Health Care, internationally renowned strategy expert Michael Porter and innovation expert Elizabeth Teisberg reveal the underlying--and largely overlooked--causes of the problem, and provide a powerful prescription for change. The authors argue that competition currently takes place at the wrong level--among health plans, networks, and hospitals--rather than where it matters most, in the diagnosis, treatment, and prevention of specific health conditions. Participants in the system accumulate bargaining power and shift costs in a zero-sum competition, rather than creating value for patients. Based on an exhaustive study of the U.S. health care system, Redefining Health Care lays out a breakthrough framework for redefining the way competition in health care delivery takes place--and unleashing stunning improvements in quality and efficiency. With specific recommendations for hospitals, doctors, health plans, employers, and policy makers, this book shows how to move health care toward positive-sum competition that delivers lasting benefits for all.Trade Review"...a profound and powerful critique of America's health-care system. It deserves to be read widely. And probably will be." —Economist.com

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Book SynopsisNew York Times BestsellerNew York Times reporter and “Corner Office” columnist David Gelles reveals legendary GE CEO Jack Welch to be the root of all that’s wrong with capitalism today and offers advice on how we might right those wrongs. In 1981, Jack Welch took over General Electric and quickly rose to fame as the first celebrity CEO. He golfed with presidents, mingled with movie stars, and was idolized for growing GE into the most valuable company in the world. But Welch’s achievements didn’t stem from some greater intelligence or business prowess. Rather, they were the result of a sustained effort to push GE’s stock price ever higher, often at the expense of workers, consumers, and innovation. In this captivating, revelatory book, David Gelles argues that Welch single-handedly ushered in a new, cutthroat era of American capitalism that continues to this day. Gelles chronicles Welch’s campaign to vaporize hundreds of thousands of jobs in a bid to boost profits, eviscerating the country’s manufacturing base, and destabilizing the middle class. Welch’s obsession with downsizing—he eliminated 10% of employees every year—fundamentally altered GE and inspired generations of imitators who have employed his strategies at other companies around the globe. In his day, Welch was corporate America’s leading proponent of mergers and acquisitions, using deals to gobble up competitors and giving rise to an economy that is more concentrated and less dynamic. And Welch pioneered the dark arts of “financialization,” transforming GE from an admired industrial manufacturer into what was effectively an unregulated bank. The finance business was hugely profitable in the short term and helped Welch keep GE’s stock price ticking up. But ultimately, financialization undermined GE and dozens of other Fortune 500 companies. Gelles shows how Welch’s celebrated emphasis on increasing shareholder value by any means necessary (layoffs, outsourcing, offshoring, acquisitions, and buybacks, to name but a few tactics) became the norm in American business generally. He demonstrates how that approach has led to the greatest socioeconomic inequality since the Great Depression and harmed many of the very companies that have embraced it. And he shows how a generation of Welch acolytes radically transformed companies like Boeing, Home Depot, Kraft Heinz, and more. Finally, Gelles chronicles the change that is now afoot in corporate America, highlighting companies and leaders who have abandoned Welchism and are proving that it is still possible to excel in the business world without destroying livelihoods, gutting communities, and spurning regulation.

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Book SynopsisEvery day we deal with the unplanned and the unexpected, from a broken toaster to losing (or gaining) a major client. Our natural ability to improvise gets us through. But we feel as if we?re winging it, rather than acting with courage and conviction.Robert Poynton teaches an acclaimed method to some of the world?s biggest brands and companies, including Nike, Chanel and PwC. In this new edition, he shows us how these improvisational skills can be applied to the everyday business of work and life ? helping us to navigate the daily obstacles and reminding us how the unplanned and the unexpected can be a source of wonder and delight.Do Improvise will help you to: Become more productive without trying harder Overcome creative blocks and generate new ideas Respond fluidly to circumstances beyond your control Realise that you don?t have to know everything Not sure what to do next? Improvise.

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Book SynopsisOver thirty trading strategies specifically designed for trading futures from experienced and successful professional trader Robert Carver.

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Book SynopsisIs your leadership a competitive advantage, or is it costing you? How do you know? Are you developing your leadership effectiveness at the pace of change? For most leaders today, complexity is outpacing their personal and collective development. Most leaders are in over their heads, whether they know it or not.Table of ContentsAcknowledgements xi Introduction A Universal Model of Leadership and The Leadership Circle Profile Assessment xv How This Book Came to Be 2 A Better Model of Leadership 2 The Promise of This Book 2 Two Books in One 2 Take the LCP Self-Assessment 2 Going Full Circle 2 Chapter 1 The Promise of Leadership: Meeting the High Bar of Expectations 1 High Bar of Experience and Expectations 2 Leadership Matters 2 Four Universal Promises of Leadership 4 Broken Leadership Promises 9 Keeping the Promise 9 The Leadership Agenda 10 Chapter 2 Leadership Effectiveness and Business Performance: The Primary Competitive Advantage 13 What the Research Shows 13 What is Your Leadership Quotient? 17 Provocative Questions 18 Collective Effectiveness 19 Collective Effectiveness and Intelligence 22 Chapter 3 Mastery and Maturity, Consciousness and Complexity: The Leadership Development Agenda 27 Triumph and Failure of the Inner Game 28 Competency is Only Half the Game 29 Two Games of Leadership 29 Inner Game Runs the Outer Game 31 Litany of the Literature 33 Four Foundational Premises 35 Consciousness and Complexity 38 Understanding Complexity: Redundant Polarities and Problems 40 Non-Obvious Points of Leverage 41 The Leadership Imperative 42 The Core Argument 43 Uncommon Sense 44 Collective Wisdom 45 A Global Leadership Imperative 46 Chapter 4 Stages of Development: The Backbone of the Universal Model of Leadership 47 Stages of Development Framework 48 The Universal Model of Leadership 49 Correlation Conclusions 53 Trajectory of Life-Long Development 55 Childhood: Seeing Development the Easy Way 56 Identity is at the Core 58 Chapter 5 Five Levels of Leadership: Structures of Mind and Performance 61 Egocentric Leadership 63 Reactive Leadership 66 Creative Leadership 75 Integral Leadership 82 Unitive Leadership 85 Chapter 6 The Universal Model and Metrics: Global Leadership, Cross-Cultural, and Gender Application 87 Task and Relationship—Horizontal Axis 87 A Dynamic Model 89 Optimal Leadership 90 Link to Performance and Effectiveness 92 Dynamic Polarities 96 Universality of the Model 99 Case in Point: Cross-Cultural Application in Rural Uganda 102 Gender and the Universal Model 104 Stage of Development Research 106 Conclusions and Implications 112 Chapter 7 The Leadership System: The Central Organizing System 115 Six Systems of Organizational Effectiveness 116 Whole Systems Approach to Developing Leadership 120 Four Compelling Case Studies 122 Owning Development from the Top 151 Chapter 8 Reactive Leadership: An Insufficient Triumph of Development 155 Performance Review 156 Leave Your Ego at the Door 156 I Dare You to Tell Me the Truth 156 Two Primary Movements 160 Structure of Reactive Mind 169 Core Operating Beliefs 176 Putting It All Together 179 The Leadership Agenda 180 Chapter 9 Reactive Leadership at Work: From Patriarchy to Partnership 183 Moving from Patriarchy to Partnership 183 Navigating Two Journeys 185 Three Core Reactive Types 186 Gifts of Each Type 189 Gifts Hung on a Reactive Structure 191 Reactive Dynamics—True to Type 194 Reactive Type Dynamics in the Universal Model 198 Natural Selection Process—Creating Collective Patterns of Patriarchy 200 Chapter 10 Creative Leadership: Fulfilling the Promise of Leadership 205 Performance Review 205 The Hero’s Journey 207 What the Transition Looks Like 209 Talking About It Without Knowing It 211 Creative Structure 213 Creative Structure of Identity 216 Restructuring Identity Beliefs 216 Designed for Leading Change 220 Creative Mind and Performance 221 Alignment 223 Path of Development—Move Toward Your Near Enemy 224 Type Through Stage 229 Creative Organizations 229 Integration 230 Literacy in the Pathways of Transformation 231 Two Currents of Transformation 232 Chapter 11 Six Leadership Practices: Spiritual Boot Camp for Leaders 239 Practice 1: Discerning Purpose 239 Practice 2: Distilling Vision 245 Practice 3: Knowing Your Doubts and Fears 248 Practice 4: Engage in Authentic, Courageous Dialogue 252 Practice 5: Develop Intuition, Open to Inspiration 255 Practice 6: Think Systemically 259 Path of Mastering Leadership 262 Chapter 12 Integral Leadership: Built for Complexity, Designed for Transformation 265 Brief Summary of Stages 267 Servant of the System 268 Maturing Intuition 268 Seeing the Entire Development Spectrum 269 Holding Unresolvedness, Conflict, and Tension 270 As Within, So Without 271 A Meeting of Twin Opposites 272 Have You Ever Once Asked Me What I Want? 272 Shadow Side of the Universal Model 274 Fierce Compassion, The Dance of Enemies 286 Why is Change so Difficult? 291 Integral Leadership Imperative 292 Chapter 13 Unity: Journey’s End, Development Turned Upside Down 295 Waves on the Ocean 296 No Self, All God 297 Development Turned Upside Down 299 Two Arguments for Development 300 Not Me, Not Me 300 Unity Leadership 301 Appendix 1 Leadership Circle Profile Summary Dimensions 303 Appendix 2 Theorists Integrated into The Leadership Circle Universal Model of Leadership 309 References 315 Index 000

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Book SynopsisJay Bhattacharya is a Professor at Stanford University, School of Medicine, USA.Timothy Hyde is a doctoral student at Yale University, USA.Peter Tu is a doctoral student at Harvard University, USA.

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Book SynopsisELITE MINDS THINK ALIKE.Discover the winning secrets of the worldâs most successful people.As a top-level sport psychologist and performance consultant, Dr. Stan Beeham knows what it takes to succeedâon the playing field, in the board room, and in all aspects of life. This award-winning book takes you inside the minds of major-league athletes, Olympic medal winners, and world-class business leaders to reveal the key motivators and mental processes that drive people to victory. Learn how to:RETRAIN YOUR BRAIN to think like a winner.CONQUER YOUR FEARS and go after your goals.ACHIEVE PEAK PERFORMANCE and reach your full potential.BECOME WHO YOU WANT TO BE mentally, physically, personally and professionally.Whether youâre a self starter, team player, or corporate leader, you can apply these proven mind techniques to any field or endeavorâquickly, easily, and effectively. Filled with power-boosting mental exercises, positiTable of ContentsForeword by Shauna Estes-Taylor Introduction by Gregory M. McGauley Part I – Understanding Your Mind 1. Mind Over Matter 2. Beliefs and Behaviors 3. Better Is the Enemy of Best 4. The Importance of Flow 5. The Intention of Why 6. Setting Expectations 7. Embracing the Team Mindset Part II – How the Mind Fails Us 8. Failure Drives Success 9. The Curse of Perfection 10. What Does Focus Really Mean? 11. The Myth of 110 Percent 12. The Truth About Winning 13. The Lucky Ones 14. The Value of TimePart III – Become the Person You Want to Be 15. Be . . . Do . . . Have 16. The Seeker 17. A Monk’s Character and Commitment 18. What’s Fun Got to Do with It? 19. Doing the Impossible 20. The Hero of Your Own Journey 21. Only One Way to Tell EpilogueIndex

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Book SynopsisWith must-have updates, a new edition of the bestselling method that shows how anyone can turn their one simple idea into millions â without lifting a finger!Stephen Key is an award-winning inventor who has licensed more than 20 product ideas. In 2011, he shared the secrets to his success in the bestselling book One Simple Idea. Since that time, many changes have occurred in the entrepreneurial world.One Simple Idea, Revised and Expanded Edition has been revised and updated to reflect current trends and practices in the industry. In addition to teaching readers how to turn their ideas into marketable products that companies will want to license, Key expands upon his cutting-edge product development, sales, and negotiation strategies, making note of the new opportunities and technologies available to creative people today. The book also features real-life success stories from people who have used the authorâs strategies. 

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Book SynopsisDiscover the vital relationship that will take your company from "What's next?" to "We have liftoff!" Visionaries have groundbreaking ideas. Integrators make those ideas a reality. This explosive combination is the key to getting everything you want out of your business. It worked for Disney. It worked for McDonald's. It worked for Ford. It can work for you. From the author of the bestselling Traction, Rocket Fuel details the integral roles of the Visionary and Integrator and explains how an effective relationship between the two can help your business thrive. Offering advice to help Visionary-minded and Integrator-minded individuals find one another, Rocket Fuel also features assessments so you're able to determine whether you're a Visionary or an Integrator. Without an Integrator, a Visionary is far less likely to succeed long-term ,and realize the company's ultimate goals--likewise, with no Visionary, an Integrator can't rise to his or her full potential. When these two people come together to share their natural talents and innate skill sets, it's like rocket fuel--they have the power to reach new heights for virtually any company or organization.Trade Review"Rocket Fuel is a powerful model for freeing up entrepreneurial visionaries to do what they do best. Gino and Mark provide a practical gameplan for building an organization that perfectly combines vision and integration." --Dan Sullivan, President and Founder of Strategic Coach(R) "In this brilliant book, Gino Wickman and Mark C. Winters explain the vital importance of having both a visionary and an integrator--and show how that relationship can provide the 'rocket fuel' your company needs to achieve its full potential." --Bo Burlingham, Editor-at-Large of Inc. magazine and author of Small Giants and Finish Big: How Great Entrepreneurs Exit Their Companies on Top

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Book SynopsisIn the dawning age of brilliant machines, what will people do better than computers?It's easy to imagine a frightening future in which technology takes over the jobs that we now get paid to do, working more accurately and for barely any cost. Computers can already perform surgery, drive vehicles, write articles and do intricate legal work, so what hope will there be for tomorrow's workforce?Drawing on a wealth of research, Geoff Colvin uncovers the skills that will be in great demand as technology advances - and how they can be developed. In this new machine age, we shouldn't try to beat computers at what they can do. We'll lose that contest. Instead we must look to unlikely places, learn from the best, and cultivate the human abilities that make us unique.Trade ReviewIn Humans are Underrated, Geoff Colvin makes the case that there is no point trying to beat machines at their own game. What makes people special is their inbuilt propensity for social interaction. We work well in groups — communicating, collaborating and, yes, empathising. Our best hope lies in what makes us most different from the logic-processors…in the softer side of human nature. * Financial Times *An intriguing book. Humans need humanness, so that's what will retain market value. Not that the argument's solely economic. It also helps explain, for example, why face-to-face interaction is so critical for wellbeing. Computers can (and probably will) take over or transform every human job, except one: that of being human. -- Oliver Burkeman * Guardian *As machines inexorably become ever more competent at doing machinelike things, interpersonal skills, irreplaceable skills of human interaction, will come to be recognized as being even more valuable than they've always been. This is an extremely important, highly practical, and indeed exhilarating book. -- Sir Martin Sorrell, CEO, WPPBeautifully written and deeply researched, Humans Are Underrated is one of the most creative and insightful leadership books I have ever read. It is a triumph! -- Doris Kearns Goodwin, Pulitzer Prize winning historian and author of Team of RivalsA powerful exposition of the strengths and limitations of technology in shaping our lives and addressing today's greatest challenges. More than ever, as Colvin demonstrates, we need people who embody the most human of qualities. An uplifting account of the enduring potential of humanity itself. -- Paul Polman, CEO, UnileverThrough a series of practical case studies and insights, Colvin clearly demonstrates that regardless of where the future takes us emotional intelligence will remain one of the most valuable human skills and the Human Element will remain a differentiator. -- Andrew N. Liveris, chairman and CEO, Dow Chemical CompanyGeoff Colvin's fresh take on how to respond to the rise of brilliant machines and the changing nature of work is as wise as it is inspiring. -- Dominic Barton, global managing director, McKinsey & CompanyA measured and comprehensive case for the edge that human beings will have over their titanium brethren in the future job market. Packed full of insightful research and case studies, Humans are Underrated makes a compelling case that people aren't surplus to requirements just yet. * Elite Business *A compelling insight into how the human brain can trump technology. * Engineering and Technology *Enlightening. The message here is ultimately a positive one for humanity. * Irish Times *Colvin gives all of us mortals hope. -- Luke Jonhson * Management Today *Captivating and convincing. I think this book will change the way people think about the future. Take time and read it. -- Alan Murray, editor at FortuneCorporate leaders often say, 'People come first'. True innovation is realized only when their actions match their words. -- Robert Greifeld, CEO, Nasdaq

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Book SynopsisScore your highest in econometrics? Easy. Econometrics can prove challenging for many students unfamiliar with the terms and concepts discussed in a typical econometrics course. Econometrics For Dummies eliminates that confusion with easy-to-understand explanations of important topics in the study of economics.Table of ContentsIntroduction 1 Part I: Getting Started with Econometrics 5 Chapter 1: Econometrics: The Economist’s Approach to Statistical Analysis 7 Chapter 2: Getting the Hang of Probability 21 Chapter 3: Making Inferences and Testing Hypotheses 39 Part II: Building the Classical Linear Regression Model 59 Chapter 4: Understanding the Objectives of Regression Analysis 61 Chapter 5: Going Beyond Ordinary with the Ordinary Least Squares Technique 75 Chapter 6: Assumptions of OLS Estimation and the Gauss-Markov Theorem 93 Chapter 7: The Normality Assumption and Inference with OLS 111 Part III: Working with the Classical Regression Model 135 Chapter 8: Functional Form, Specification, and Structural Stability 137 Chapter 9: Regression with Dummy Explanatory Variables 153 Part IV: Violations of Classical Regression Model Assumptions 173 Chapter 10: Multicollinearity 175 Chapter 11: Heteroskedasticity 191 Chapter 12: Autocorrelation 209 Part V: Discrete and Restricted Dependent Variables in Econometrics 229 Chapter 13: Qualitative Dependent Variables 231 Chapter 14: Limited Dependent Variable Models 253 Part VI: Extending the Basic Econometric Model 265 Chapter 15: Static and Dynamic Models 267 Chapter 16: Diving into Pooled Cross-Section Analysis 281 Chapter 17: Panel Econometrics 291 Part VII: The Part of Tens 305 Chapter 18: Ten Components of a Good Econometrics Research Project 307 Chapter 19: Ten Common Mistakes in Applied Econometrics 315 Appendix: Statistical Tables 321 Index 327

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Book SynopsisTrade Review"It's easy to snigger at the swagger, but Calacanis has reason to preen. He hasn't merely survived the bust; he's thrived in it. The qualities that made him annoying to his New York colleagues during the boom-his abrasive demeanor, his hucksterism, his incessant networking-serve him well in the postbubble economy." -- Wired "And that's the thing about Calacanis. Only a sucker would bet against him." -- Fast Company "The sort of person who is frequently described as a character out of a movie." -- The New Yorker "Sequoia Capital has funneled millions of dollars to scores of well-connected entrepreneurs, academics, and other people known as scouts...Mr. Calacanis was one of the earliest scouts and ran an online news startup called Inside.com, in which Sequoia had invested." -- The Wall Street Journal "Jason would never stab you in the back. He might stab you in the face, though." -- Douglas Rushkoff "Arguably the world's greatest angel investor." -- The Twenty Minute VC

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Book SynopsisTable of ContentsAbout the Author xxi PREAMBLE 1 1 Financial Machine Learning as a Distinct Subject 3 1.1 Motivation, 3 1.2 The Main Reason Financial Machine Learning Projects Usually Fail, 4 1.2.1 The Sisyphus Paradigm, 4 1.2.2 The Meta-Strategy Paradigm, 5 1.3 Book Structure, 6 1.3.1 Structure by Production Chain, 6 1.3.2 Structure by Strategy Component, 9 1.3.3 Structure by Common Pitfall, 12 1.4 Target Audience, 12 1.5 Requisites, 13 1.6 FAQs, 14 1.7 Acknowledgments, 18 Exercises, 19 References, 20 Bibliography, 20 Part 1 Data Analysis 21 2 Financial Data Structures 23 2.1 Motivation, 23 2.2 Essential Types of Financial Data, 23 2.2.1 Fundamental Data, 23 2.2.2 Market Data, 24 2.2.3 Analytics, 25 2.2.4 Alternative Data, 25 2.3 Bars, 25 2.3.1 Standard Bars, 26 2.3.2 Information-Driven Bars, 29 2.4 Dealing with Multi-Product Series, 32 2.4.1 The ETF Trick, 33 2.4.2 PCA Weights, 35 2.4.3 Single Future Roll, 36 2.5 Sampling Features, 38 2.5.1 Sampling for Reduction, 38 2.5.2 Event-Based Sampling, 38 Exercises, 40 References, 41 3 Labeling 43 3.1 Motivation, 43 3.2 The Fixed-Time Horizon Method, 43 3.3 Computing Dynamic Thresholds, 44 3.4 The Triple-Barrier Method, 45 3.5 Learning Side and Size, 48 3.6 Meta-Labeling, 50 3.7 How to Use Meta-Labeling, 51 3.8 The Quantamental Way, 53 3.9 Dropping Unnecessary Labels, 54 Exercises, 55 Bibliography, 56 4 Sample Weights 59 4.1 Motivation, 59 4.2 Overlapping Outcomes, 59 4.3 Number of Concurrent Labels, 60 4.4 Average Uniqueness of a Label, 61 4.5 Bagging Classifiers and Uniqueness, 62 4.5.1 Sequential Bootstrap, 63 4.5.2 Implementation of Sequential Bootstrap, 64 4.5.3 A Numerical Example, 65 4.5.4 Monte Carlo Experiments, 66 4.6 Return Attribution, 68 4.7 Time Decay, 70 4.8 Class Weights, 71 Exercises, 72 References, 73 Bibliography, 73 5 Fractionally Differentiated Features 75 5.1 Motivation, 75 5.2 The Stationarity vs. Memory Dilemma, 75 5.3 Literature Review, 76 5.4 The Method, 77 5.4.1 Long Memory, 77 5.4.2 Iterative Estimation, 78 5.4.3 Convergence, 80 5.5 Implementation, 80 5.5.1 Expanding Window, 80 5.5.2 Fixed-Width Window Fracdiff, 82 5.6 Stationarity with Maximum Memory Preservation, 84 5.7 Conclusion, 88 Exercises, 88 References, 89 Bibliography, 89 Part 2 Modelling 91 6 Ensemble Methods 93 6.1 Motivation, 93 6.2 The Three Sources of Errors, 93 6.3 Bootstrap Aggregation, 94 6.3.1 Variance Reduction, 94 6.3.2 Improved Accuracy, 96 6.3.3 Observation Redundancy, 97 6.4 Random Forest, 98 6.5 Boosting, 99 6.6 Bagging vs. Boosting in Finance, 100 6.7 Bagging for Scalability, 101 Exercises, 101 References, 102 Bibliography, 102 7 Cross-Validation in Finance 103 7.1 Motivation, 103 7.2 The Goal of Cross-Validation, 103 7.3 Why K-Fold CV Fails in Finance, 104 7.4 A Solution: Purged K-Fold CV, 105 7.4.1 Purging the Training Set, 105 7.4.2 Embargo, 107 7.4.3 The Purged K-Fold Class, 108 7.5 Bugs in Sklearn’s Cross-Validation, 109 Exercises, 110 Bibliography, 111 8 Feature Importance 113 8.1 Motivation, 113 8.2 The Importance of Feature Importance, 113 8.3 Feature Importance with Substitution Effects, 114 8.3.1 Mean Decrease Impurity, 114 8.3.2 Mean Decrease Accuracy, 116 8.4 Feature Importance without Substitution Effects, 117 8.4.1 Single Feature Importance, 117 8.4.2 Orthogonal Features, 118 8.5 Parallelized vs. Stacked Feature Importance, 121 8.6 Experiments with Synthetic Data, 122 Exercises, 127 References, 127 9 Hyper-Parameter Tuning with Cross-Validation 129 9.1 Motivation, 129 9.2 Grid Search Cross-Validation, 129 9.3 Randomized Search Cross-Validation, 131 9.3.1 Log-Uniform Distribution, 132 9.4 Scoring and Hyper-parameter Tuning, 134 Exercises, 135 References, 136 Bibliography, 137 Part 3 Backtesting 139 10 Bet Sizing 141 10.1 Motivation, 141 10.2 Strategy-Independent Bet Sizing Approaches, 141 10.3 Bet Sizing from Predicted Probabilities, 142 10.4 Averaging Active Bets, 144 10.5 Size Discretization, 144 10.6 Dynamic Bet Sizes and Limit Prices, 145 Exercises, 148 References, 149 Bibliography, 149 11 The Dangers of Backtesting 151 11.1 Motivation, 151 11.2 Mission Impossible: The Flawless Backtest, 151 11.3 Even If Your Backtest Is Flawless, It Is Probably Wrong, 152 11.4 Backtesting Is Not a Research Tool, 153 11.5 A Few General Recommendations, 153 11.6 Strategy Selection, 155 Exercises, 158 References, 158 Bibliography, 159 12 Backtesting through Cross-Validation 161 12.1 Motivation, 161 12.2 The Walk-Forward Method, 161 12.2.1 Pitfalls of the Walk-Forward Method, 162 12.3 The Cross-Validation Method, 162 12.4 The Combinatorial Purged Cross-Validation Method, 163 12.4.1 Combinatorial Splits, 164 12.4.2 The Combinatorial Purged Cross-Validation Backtesting Algorithm, 165 12.4.3 A Few Examples, 165 12.5 How Combinatorial Purged Cross-Validation Addresses Backtest Overfitting, 166 Exercises, 167 References, 168 13 Backtesting on Synthetic Data 169 13.1 Motivation, 169 13.2 Trading Rules, 169 13.3 The Problem, 170 13.4 Our Framework, 172 13.5 Numerical Determination of Optimal Trading Rules, 173 13.5.1 The Algorithm, 173 13.5.2 Implementation, 174 13.6 Experimental Results, 176 13.6.1 Cases with Zero Long-Run Equilibrium, 177 13.6.2 Cases with Positive Long-Run Equilibrium, 180 13.6.3 Cases with Negative Long-Run Equilibrium, 182 13.7 Conclusion, 192 Exercises, 192 References, 193 14 Backtest Statistics 195 14.1 Motivation, 195 14.2 Types of Backtest Statistics, 195 14.3 General Characteristics, 196 14.4 Performance, 198 14.4.1 Time-Weighted Rate of Return, 198 14.5 Runs, 199 14.5.1 Returns Concentration, 199 14.5.2 Drawdown and Time under Water, 201 14.5.3 Runs Statistics for Performance Evaluation, 201 14.6 Implementation Shortfall, 202 14.7 Efficiency, 203 14.7.1 The Sharpe Ratio, 203 14.7.2 The Probabilistic Sharpe Ratio, 203 14.7.3 The Deflated Sharpe Ratio, 204 14.7.4 Efficiency Statistics, 205 14.8 Classification Scores, 206 14.9 Attribution, 207 Exercises, 208 References, 209 Bibliography, 209 15 Understanding Strategy Risk 211 15.1 Motivation, 211 15.2 Symmetric Payouts, 211 15.3 Asymmetric Payouts, 213 15.4 The Probability of Strategy Failure, 216 15.4.1 Algorithm, 217 15.4.2 Implementation, 217 Exercises, 219 References, 220 16 Machine Learning Asset Allocation 221 16.1 Motivation, 221 16.2 The Problem with Convex Portfolio Optimization, 221 16.3 Markowitz’s Curse, 222 16.4 From Geometric to Hierarchical Relationships, 223 16.4.1 Tree Clustering, 224 16.4.2 Quasi-Diagonalization, 229 16.4.3 Recursive Bisection, 229 16.5 A Numerical Example, 231 16.6 Out-of-Sample Monte Carlo Simulations, 234 16.7 Further Research, 236 16.8 Conclusion, 238 Appendices, 239 16.A.1 Correlation-based Metric, 239 16.A.2 Inverse Variance Allocation, 239 16.A.3 Reproducing the Numerical Example, 240 16.A.4 Reproducing the Monte Carlo Experiment, 242 Exercises, 244 References, 245 Part 4 Useful Financial Features 247 17 Structural Breaks 249 17.1 Motivation, 249 17.2 Types of Structural Break Tests, 249 17.3 CUSUM Tests, 250 17.3.1 Brown-Durbin-Evans CUSUM Test on Recursive Residuals, 250 17.3.2 Chu-Stinchcombe-White CUSUM Test on Levels, 251 17.4 Explosiveness Tests, 251 17.4.1 Chow-Type Dickey-Fuller Test, 251 17.4.2 Supremum Augmented Dickey-Fuller, 252 17.4.3 Sub- and Super-Martingale Tests, 259 Exercises, 261 References, 261 18 Entropy Features 263 18.1 Motivation, 263 18.2 Shannon’s Entropy, 263 18.3 The Plug-in (or Maximum Likelihood) Estimator, 264 18.4 Lempel-Ziv Estimators, 265 18.5 Encoding Schemes, 269 18.5.1 Binary Encoding, 270 18.5.2 Quantile Encoding, 270 18.5.3 Sigma Encoding, 270 18.6 Entropy of a Gaussian Process, 271 18.7 Entropy and the Generalized Mean, 271 18.8 A Few Financial Applications of Entropy, 275 18.8.1 Market Efficiency, 275 18.8.2 Maximum Entropy Generation, 275 18.8.3 Portfolio Concentration, 275 18.8.4 Market Microstructure, 276 Exercises, 277 References, 278 Bibliography, 279 19 Microstructural Features 281 19.1 Motivation, 281 19.2 Review of the Literature, 281 19.3 First Generation: Price Sequences, 282 19.3.1 The Tick Rule, 282 19.3.2 The Roll Model, 282 19.3.3 High-Low Volatility Estimator, 283 19.3.4 Corwin and Schultz, 284 19.4 Second Generation: Strategic Trade Models, 286 19.4.1 Kyle’s Lambda, 286 19.4.2 Amihud’s Lambda, 288 19.4.3 Hasbrouck’s Lambda, 289 19.5 Third Generation: Sequential Trade Models, 290 19.5.1 Probability of Information-based Trading, 290 19.5.2 Volume-Synchronized Probability of Informed Trading, 292 19.6 Additional Features from Microstructural Datasets, 293 19.6.1 Distibution of Order Sizes, 293 19.6.2 Cancellation Rates, Limit Orders, Market Orders, 293 19.6.3 Time-Weighted Average Price Execution Algorithms, 294 19.6.4 Options Markets, 295 19.6.5 Serial Correlation of Signed Order Flow, 295 19.7 What Is Microstructural Information?, 295 Exercises, 296 References, 298 Part 5 High-performance Computing Recipes 301 20 Multiprocessing and Vectorization 303 20.1 Motivation, 303 20.2 Vectorization Example, 303 20.3 Single-Thread vs. Multithreading vs. Multiprocessing, 304 20.4 Atoms and Molecules, 306 20.4.1 Linear Partitions, 306 20.4.2 Two-Nested Loops Partitions, 307 20.5 Multiprocessing Engines, 309 20.5.1 Preparing the Jobs, 309 20.5.2 Asynchronous Calls, 311 20.5.3 Unwrapping the Callback, 312 20.5.4 Pickle/Unpickle Objects, 313 20.5.5 Output Reduction, 313 20.6 Multiprocessing Example, 315 Exercises, 316 Reference, 317 Bibliography, 317 21 Brute Force and Quantum Computers 319 21.1 Motivation, 319 21.2 Combinatorial Optimization, 319 21.3 The Objective Function, 320 21.4 The Problem, 321 21.5 An Integer Optimization Approach, 321 21.5.1 Pigeonhole Partitions, 321 21.5.2 Feasible Static Solutions, 323 21.5.3 Evaluating Trajectories, 323 21.6 A Numerical Example, 325 21.6.1 Random Matrices, 325 21.6.2 Static Solution, 326 21.6.3 Dynamic Solution, 327 Exercises, 327 References, 328 22 High-Performance Computational Intelligence and Forecasting Technologies 329 Kesheng Wu and Horst D. Simon 22.1 Motivation, 329 22.2 Regulatory Response to the Flash Crash of 2010, 329 22.3 Background, 330 22.4 HPC Hardware, 331 22.5 HPC Software, 335 22.5.1 Message Passing Interface, 335 22.5.2 Hierarchical Data Format 5, 336 22.5.3 In Situ Processing, 336 22.5.4 Convergence, 337 22.6 Use Cases, 337 22.6.1 Supernova Hunting, 337 22.6.2 Blobs in Fusion Plasma, 338 22.6.3 Intraday Peak Electricity Usage, 340 22.6.4 The Flash Crash of 2010, 341 22.6.5 Volume-synchronized Probability of Informed Trading Calibration, 346 22.6.6 Revealing High Frequency Events with Non-uniform Fast Fourier Transform, 347 22.7 Summary and Call for Participation, 349 22.8 Acknowledgments, 350 References, 350 Index 353

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Book SynopsisEver since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand. In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as thereTrade ReviewGeorge A. Akerlof, Co-Winner of the 2001 Nobel Prize in Economics Robert J. Shiller, Co-Winner of the 2013 Nobel Prize in Economics Winner of the 2016 Gold Medal in Economics, Axiom Business Book Awards One of Foreign Affairs' Best Economic, Social, and Environmental (Economics) Books of 2016 Selected for Bloomberg View's "The Writing that Shaped Economic Thinking in 2016" One of The Times Literary Supplement's Books of the Year 2016, chosen by Paul Collier Honorable Mention for the 2016 PROSE Award in Economics, Association of American Publishers One of The Independent's Best Economics Books 2015 One of LinkedIn's Best Business Books of 2015 One of BusinessInsider.com's Best Business Books of 2015 One of Legal Theory Bookworm's Books of the Year 2015 Longlisted for the Financial Times and McKinsey Business Book of the Year 2015 "[Akerlof and Shiller] want to go far beyond behavioral economics, at least in its current form. They offer a much more general, and quite damning, account of why free markets and competition cause serious problems... They are intellectual renegades... Akerlof and Shiller make a convincing argument that phishing occurs because of the operation of the invisible hand, not in spite of it... [This] extraordinary book tells us something true, and profoundly important, about the operation of the invisible hand."--Cass Sunstein, New York Review of Books "No question, Phishing for Phools is a radical book. It may also be a radically important one."--Fortune "Entertaining, readable and provocative."--John Lanchester, London Review of Books "I highly recommend this, even for those who might disagree with the authors' outlook. Their case studies are illuminating, and their insights on the way markets work are fascinating. When you consider the sorry state of the personal finances of the median working age family in the United States today, it's hard to disagree with their central thesis that our current system isn't working properly."--John Reeves, The Motley Fool, USA Today "A needed call for skeptical economics and financial mindfulness."--Nature "Using compelling examples of flawed decision making from advertising, health care and personal finances, the authors identify our rational weak spots and arm readers with the ability to resist manipulation."--Scientific American Mind "As you would expect, it's a very clearly written book with tons of examples. And it makes a simple and powerful point about the fragility of the normative, welfare economics conclusions economists tend to draw."--Diane Coyle, The Enlightened Economist "Akerlof and Shiller present convincing evidence of how tobacco, pharmaceutical, and liquor companies and politicians weasel a chapter of their own into our life stories, abusing the mutual storytelling--with all its signs and wonders--that is elemental to our humanity."--Peter Lewis, Barnes & Noble Review "With accessible language and everyday examples, Shiller and Akerlof are taking on the powerful belief that aside from a few blemishes (like widening income inequality) only fools advocate interfering with the free market."--Chris Farrell, Minneapolis Star Tribune "The book's central message is certainly thought-provoking."--The Economist "Phishing for Phools forswears technical language, making this book accessible not only to economists but to consumers and policymakers. It should make everyone rethink the unfettered free-market model."--Brenda Jubin, Investing.com "It's a very clearly written book with tons of examples. And it makes a simple and powerful point about the fragility of the normative, welfare economics conclusions economists tend to draw."--Enlightened Economist "Its critique of conventional economics is more powerful and comprehensive--and more paternalistic--than that of Animal Spirits."--Carlos Lozada, Washington Post "[Akerlof's and Shiller's] insight is a powerful one."--Economist.com's Buttonwood blog "Akerlof and Shiller show that unregulated free markets systematically make people worse off by providing the unscrupulous with opportunities to take advantage of the unwary."--Adam Bouyamourn, The National "[Phishing for Phools] serves the important purpose of holding up a mirror to economics, a subject that prides itself on (supposedly) being the most sophisticated of all the social sciences. Economics may look sophisticated on paper, but it is often completely out of touch when it comes to reality."--Victoria Bateman, Times Higher Education "The book offers powerful support for a skeptical view of free markets, but it's also a helpful guide for consumers to avoid getting ripped off in the course of making important purchases."--Chris Matthews, Fortune "An interesting and entertaining new book by George Akerlof and Robert Shiller looks at the role of trickery in market economies. Phishing for Phools explains that sellers are often out to deceive you, and shows that this isn't an occasional glitch in the market system so much as an intrinsic and pervasive trait... Phishing for Phools aims to help readers understand their psychological weaknesses, so that the phishermen can be phended off more ephectively."--Clive Crook, Bloomberg View "Where Akerlof and Shiller break new ground is the sweeping application of the idea of the 'phishing equilibrium' to finance... The style of Phishing for Phools will be familiar to fans of Shiller's work: light on jargon and pacy enough not to outstay its welcome. The authors tell some engaging tales."--Robin Harding, Financial Times "[A] surprisingly readable yet highly original book ... the evidence and explanations marshaled by Akerlof and Shiller are compelling and they have profound political implications ... an enlightening read by two expert economists. It should be required reading for policy makes and for consumers (which is to say, all of us... [An] important, sobering book."--Oliver Kamm, The Times "Narratives in this impressive book tell how to avoid being tricked by means of better enforcement and being told of pending scams... [O]ne of the few titles dealing with fraud in the marketplace."--Library Journal "The authors provide is a ... unifying theory for all kinds of trickery, an economic explanation for why deception is so rampant. It takes many of our scattered findings about humanity's blind spots--both psychological weakness and a lack of perfect information--and weaves them into a comprehensive framework that has the potential to be devastating for free market fundamentalists."--Victoria Finkle, Washington Monthly "Its central idea is an important one and merits more attention."--Emran Mian, Prospect "Phishing for Phools is packed with examples--including subprime mortgages, pharmaceuticals, political campaigns, gym memberships, credit cards, cars and cranberry juice labels--of the pervasiveness of deception and manipulation in our economy and the price it exacts on individuals and the society at large."--Glenn C. Altschuler, Tulsa World "This interesting book is written by economists mainly for economists, but it includes many entertaining stories about business behavior (and some disturbing ones), told in lively and accessible prose."--Foreign Affairs "The book is easy to read and relate; and more importantly will make you start thinking of the number of times you have been phished. The list would be endless!"--Madan Sabnavis, BusinessWorld "This unusual book offers a simple but challenging corrective to the assumptions made by most mainstream economists... Probably not every reader will agree with every interpretation or argument--but every reader will find something that enlightens and stimulates."--James Ledbetter, Yale Alumni Magazine "This book was enjoyable to read, and the expertise and knowledge of the authors are abundantly evident."--William Holcomb, PsycCRITIQUES "Bob and George urge us to slap Adam Smith's invisible hand when it steals from everybody's cookie jar. They ask us to ponder those situations, economic or political, that provide particularly tempting opportunities to phish for phools... Penetrating insights rendered in accessible prose."--Marlene Lang May, CommonwealTable of ContentsPREFACE vii INTRODUCTION Expect to Be Manipulated: Phishing Equilibrium 1 PART ONE Unpaid Bills and Financial Crash CHAPTER ONE Temptation Strews Our Path 15 CHAPTER TWO Reputation Mining and Financial Crisis 23 PART TWO Phishing in Many Contexts CHAPTER THREE Advertisers Discover How to Zoom In on Our Weak Spots 45 CHAPTER FOUR Rip-offs Regarding Cars, Houses, and Credit Cards 60 CHAPTER FIVE Phishing in Politics 72 CHAPTER SIX Phood, Pharma, and Phishing 84 CHAPTER SEVEN Innovation: The Good, the Bad, and the Ugly 96 CHAPTER EIGHT Tobacco and Alcohol 103 CHAPTER NINE Bankruptcy for Profit 117 CHAPTER TEN Michael Milken Phishes with Junk Bonds as Bait 124 CHAPTER ELEVEN The Resistance and Its Heroes 136 PART THREE Conclusion and Afterword CONCLUSION: EXAMPLES AND GENERAL LESSONS New Story in America and Its Consequences 149 AFTERWORD The Significance of Phishing Equilibrium 163 ACKNOWLEDGMENTS 175 NOTES 181 BIBLIOGRAPHY 233 INDEX 257

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Book SynopsisThis revised edition unifies and brings the science of asset pricing up to date for advanced students and professionals.Trade ReviewCo-Winner of the 2001 Paul A. Samuelson award "This is a brilliant and useful book, well-deserving of the TIAA-CREF Samuelson Award... The clever intuition and informal writing style make it a joy to read. Like a star athlete does with the sport, Cochrane makes it look easier than it really is."--Journal of Economic Literature

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Book SynopsisThis is the story of a pioneering Austrian naturalist and iconoclast who pointed the way to a completely new understanding of the vast potential of natural energy. By studying fish in streams and by closely observing the natural water cycle, Viktor Schauberger (18851958) was able to solve basic problems of energy transformation. He saw that modern man, without realizing it, was destroying the earth and sabotaging his own cultures by working against Nature. All the prevailing methods of energy generation - from hydro-electric to nuclear fission - produce harmful long-term effects on the environment and encourage disease. Schauberger had a clear vision of how fertility could be restored to the earth. As an inventor Schauberger developed a number of ingenious machines which would revolutionize farming, horticulture, forestry and aircraft propulsion. He developed water purification systems, and showed how air and water could be harnessed as fuels for many machines. His discovery of implosive energy and diamagnetism had many practical applications, most of which have yet to be developed.Table of ContentsWho was Viktor Schauberger? New Techniques of Water Management Schauberger's Teachings on Water The Life and Death of a Forest Perpetual Motion Implosion and Biosynthesis A Meeting with Hitler Wartime Experiences Biological Techniques in Agriculture Schauberger's Criticism of Science and Society The Final Years Schauberger's Heritage The Spreading Scientific Search Appendix I Contemporary Applications of Vortex Research Appendix II Physics and the Vortex

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Book SynopsisDesign and execute a powerful startup program that delivers value for all parties involvedStartup accelerators. Business incubators. Hackathons. These are the hallmarks of the innovation ecosystem development practices used to discover, launch, and scale the most forward-looking startups of the last decade. If you want to adopt these approaches to your own business but arenât sure how to implement them, nowâs the time to master the practices of todayâs most successful early-stage investors.In Startup Program Design, two seasoned veterans deeply versed in startup engagement programs provide you with the tools to introduce open innovation practices to your organization.While other books on innovation management tend to be conceptual at the expense of hands-on experience, Startup Program Design is a practical manual vertically focused on preparing the organization, identifying the right strategy, and designing an attractive and effective offer.

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Book SynopsisCut through the mush to sustain and improve the quality of your partnerships at work.Gervase R. Bushe named one of HR Magazine''s Most Influential Thinkers 2016What happened to that win-win partnership with your boss, colleage, or direct report that suddenly dissolved into mistrust and suspision? Despite your best intentions, how did hidden agendas, unresolved conflicts, and miscommunication get in the way? With new research, fresh insight, and up-to-date examples of what it takes to collaborativelyy organize and sustain healthy relationships at work, this newly revised edition of Clear Leadership tackles these issues head-on. Building on the powerful concepts that made the first edition such a success, Gervase Bushe explains why even the most promising partnerships get derailed and what you can do about it.Trade ReviewMakes leadership accessible to all, even the quiet, shy, avoid-eye-contact ones among us. It is also written with elegant simplicity. Buy it, read it, pass it around. -- Peter Block, partner, Designed Learning; author, Community, the Structure of BelongingProvides insights that will enable leaders to harness the productive energies their people bring while avoiding many of the traps that imprecise and incomplete communication can sometimes create. -- Bill Pasmore, SVP and Organizational Practice Leader, The Center for Creative LeadershipStands above the usual fare by speaking to leaders who truly care about their craft. It offers them a disciplined agenda for bringing their whole selves to work and bringing the best out of their people and teams. -- Philip Mirvis, psycologist; research fellow, Center for Corporate Citizenship; author, To the Desert and Back and Beyond Good Company

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Book SynopsisJay Surti is a business presentation coach, speaker and consultant. She works with executives, teams and MBA candidates to help them transform their presentations to make sure they engage with their audience and get their message across. She has been a Judge at MassChallenge UK and served as an Executive Board Member of Women in Banking and Finance. She has recently been appointed as a Board Member of the Governing Body of the University of Dundee and is a Council Member for the Women's Engineering Society.Table of Contents Chapter - 00: Introduction; Section - ONE: The importance of presentation skills; Chapter - 01: Why presentation skills are important; Chapter - 02: Giving presentations at interviews and assessment centres – the essentials; Chapter - 03: Giving presentations in your professional life – the essentials; Section - TWO: The presentation; Chapter - 04: How to prepare for a presentation; Chapter - 05: How to structure your presentation; Chapter - 06: Time management; Chapter - 07: Presentation styles and techniques; Chapter - 08: Presenting as part of a group; Chapter - 09: Using technology and visual aids; Chapter - 10: Openings and endings; Section - THREE: You; Chapter - 11: Personality and message; Chapter - 12: Personal brand; Chapter - 13: Overcoming nerves; Chapter - 14: Body language; Chapter - 15: Verbal communication; Chapter - 16: Coping with the unexpected; Section - FOUR: The audience; Chapter - 17: Tailoring your presentation to your audience; Chapter - 18: Impressing potential employers in an interview presentation; Chapter - 19: Answering questions on the spot; Chapter - 20: Audience interaction or participation; Chapter - 21: Conclusion

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Book SynopsisDrawing on interviews from the first 150 episodes of the Capital Allocators podcast, Ted Seides presents the best of the knowledge, practical insights, and advice of the world's top professional investors.

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Book Synopsis2018 Nautilus Book Awards Silver WinnerWhat if you could unlock a better answer to your most vexing problem—in your workplace, community, or home life—just by changing the question?Talk to creative problem-solvers and they will often tell you, the key to their success is asking a different question.Take Debbie Sterling, the social entrepreneur who created GoldieBlox. The idea came when a friend complained about too few women in engineering and Sterling wondered aloud: why are all the great building toys made for boys? Or consider Nobel laureate Richard Thaler, who asked: would it change economic theory if we stopped pretending people were rational? Or listen to Jeff Bezos whose relentless approach to problem solving has fueled Amazon’s exponential growth: “Getting the right question is key to getting the right answer.”  Great questions like these have a catalytic quality—that is, they dissolve barriers to creative thinking and channel the pursuit of solutions into new, accelerated pathways. Often, the moment they are voiced, they have the paradoxical effect of being utterly surprising yet instantly obvious.For innovation and leadership guru Hal Gregersen, the power of questions has always been clear—but it took some years for the follow-on question to hit him: If so much depends on fresh questions, shouldn’t we know more about how to arrive at them? That sent him on a research quest ultimately including over two hundred interviews with creative thinkers. Questions Are the Answer delivers the insights Gregersen gained about the conditions that give rise to catalytic questions—and breakthrough insights—and how anyone can create them.Trade Review“I connected with this book’s message because I lived it. Everythingchanged for the better when I realized that I, like so many others, wasasking the wrong question. Our culture chases conventional notionsof success instead of nurturing what would really make us thrive. HalGregersen is absolutely right—the best way to get to a better answeris to start with a better question, and we can all learn to do that.” — Arianna Huffington “It’s a great insight that, if you want to arrive at a better answer, you should start with a better question. Hal Gregersen takes that observation further, exploring how to put it into daily practice. I love this book’s emphasis on creating the conditions in which creative thinking will thrive, and I love its bighearted storytelling.” — Tony Hsieh, Zappos.com CEO In his new book, Hal Gregersen reveals the power of cultivating a beginner’s mind, deep listening and continuous reflection in search of the right questions. Read this remarkable book and you will find a path to meaningful answers — Marc Benioff, Chairman & Co-CEO, Salesforce Hal Gregersen is one of those rare educators who always practices what he preaches. Deliberately, he pushes himself out of his comfort zones, and consistently, he surfaces those great questions that unlock better answers. I think it’s wonderful that, with Questions Are the Answer, he is equipping so many more people to do the same. — Clayton M. Christensen, Kim B. Clark Professor of Business Administration at Harvard Business School “Creating an open environment where every manager can ask questions without fear is the first step in bringing innovation to achieve the betterment of a corporation. The author brings out how asking the right questions is the responsibility of a successful leader. A “must” read for every corporate person aspiring to succeed as a leader.” — Narayana Murthy, founder of Infosys If you want a simple answer to the question of what matters most to creativity, then look no further than the title of this book. Mastering the art of questioning is not easy, but Hal Gregersen describes a wealth of valuable approaches that will serve you well -- no matter what kinds of problems you are trying to solve. — Tim Brown, CEO of IDEO and author of Design for Change As machines become exceedingly proficient at providing answers, it becomes more and more important for people to be asking the right questions. Hal Gregersen is exactly right that this is a skill we can learn -- and must teach. — Joi Ito, Director of the MIT Media Lab and author of Whiplash Readers of both self-help and business books will enjoy this read as a challenge to their established perspective. — Library Journal

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Book SynopsisEvery one of your favorite influencers started with zero followers and had to make a lot of mistakes to get where they are today--earning more money each year than their parents made in the last decade. But to become a top creator, you need to understandthe strategies behind the Insta-ready lifestyle . . . As nightlife blogger, then social media strategist, and now Senior Director of Influencer Strategy and Talent Partnerships at Hearst Magazines Digital Media, Brittany Hennessy has seen the role of influencers evolve and expand into something that few could have imagined when social media first emerged. She has unrivaled insight into where the branded content industry was, where it is, and where it''s going.

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Book SynopsisWe’re relentlessly behind the curve, dousing fires everywhere, and our 3 a.m. insomnia provides the only unscheduled thinking time of the day.What we need reinserted in our lives is the missing element of white space—short periods of open, unscheduled time that, when recaptured, change the very nature of work.Trade Review“This book is more than a first-rate guide to getting more and better work done. It is a powerful meditation on the false lure of busyness and the sustaining power of the pause. A Minute to Think is essential reading for maddening times.” — Daniel H. Pink, author of When, Drive, and To Sell Is Human “I absolutely loved A Minute to Think. It’s one of the most captivating and relevant approaches to solving busyness that I’ve read. Juliet’s energetic style and practical insights play a pivotal role as we long to pause yet be more productive and creative in this next decade of hybrid working.” — Angela Ahrendts, DBE, former SVP of Apple Retail and CEO of Burberry “Juliet Funt makes a compelling case for a tactic that’s both critically important and distressingly overlooked: the strategic pause. If you regularly feel overwhelmed by your work, read this book!” — Cal Newport, New York Times bestselling author of A World Without Email and Deep Work “This smart, funny business book is brimming with actionable tools. It’s certain to make any team stronger.” — Patrick Lencioni, president, The Table Group; New York Times bestselling author of The Five Dysfunctions of a Team “My decades of experience in the productivity arena have taught me you don’t need more time—you need more room. Room to be creative, to be strategic, and simply to be present in whatever you’re doing. Juliet provides an elegant and easily followed manual of how to get us there. Bravo.” — David Allen, international bestselling author of Getting Things Done "Rarely has an author produced something so immediately relevant and profoundly important to balancing my life and to my daily practices at work. Reading A Minute to Think is an investment in getting the most out of our most precious commodity–time. Bravo." — Nicholas Drake, Vice President Global Marketing at Google “Like many, I spent most of my life convinced that busy was the same as productive. That’s how I fed my self-esteem for years. But reading A Minute to Think, I have finally and fully understood what Aristotle said: “The quality of life is determined by its activities.” — Bradley J. Preber, CEO, Grant Thornton LLP "So many of us are consumed, buried, busy and overwhelmed. A Minute to Think will set us free, delivering an immediately shift towards doing better work every day. This book is a necessary and profound advancement tool for the modern day workplace culture." — Rory Vaden, New York Times bestselling author of Take the Stairs and creator of the viral TEDx talk “How to Multiply Time” "Juliet Funt is a master of time management and she recognizes the need to attack busyness with a vengeance. I’m excited for you to explore her book on this topic so you can reevaluate how you think, work, and behave to focus on the most important things that only you can do." — Craig Groeschel, New York Times bestselling author and Pastor of Life.Church “I wish I wrote this book.” — John Cleese, comedy legend

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Book SynopsisDelivers the inside story behind Google, the most successful and admired technology company of our time, now updated with a new Afterword.

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Book SynopsisTrade Review"Examining nearly every aspect of Vietnamese politics and society, from the economy and family life, to religion and the plight of indigenous minorities, Hayton gives a balanced, intelligent account of a country whose history so differs from our own."—Justin Wintle, Financial Times "This is a cleverly pitched book, one that will appeal equally to a businessman or investor seeking a briefing on Vietnam, an old Asia hand, or an inquisitive backpacker."—Petroc Trelawny, Irish Times"[An] insightful book."—Leanda de Lisle, The Spectator". . . a shrewd and compelling analysis of the growth of capitalism…a very readable introduction to the recent history of Vietnam. It contrasts personal individual stories with the big picture and as a result illuminates both."—Beverley Pullen, Permanent Revolution"Bill Hayton’s Vietnam: Rising Dragon is welcome. . . . He writes with clarity and crispness. . . . Hayton is at his most valuable and incisive."—Paul Cheeseright, Asian Affairs"Hayton has a keen eye for the detail of everyday life as well as larger cultural, economic, social, and political currents. This book leaves one with the feeling of having been in the hands of an expert craftsman, and illuminates some of the major issues confronting contemporary Vietnam."—Carlyle A. Thayer, author of Vietnam People’s Army

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Book SynopsisLearning and Development (L&D) programmes are too often based on fads, the latest trends or learning designers' personal preferences without critical evaluation. Evidence-Informed Learning Design allows learning professionals to move away from this type of approach by showing them how to assess and apply relevant scientific literature, learning science research and proven learning techniques to design their training in a way that will make a measurable difference to employee performance and overall business success. Packed with tips, tools and examples, Evidence-Informed Learning Design enables L&D and training professionals to save both time and money by ensuring that efforts are focused on designing learning that's proven to be effective. Covering techniques like interleaving and self-directed and self-regulated learning, as well as debunking myths and fallacies in the field, it covers how best to test, measure and reinforce learning in both online, offline and face-to-face scenarios. To ensure that employees develop the skills the business needs to succeed and that the L&D function is recognised as adding true organizational value, this book is essential reading for anyone responsible for designing learning.Trade Review"If you are interested in education, teaching, training design, assessment or performance improvement in almost any setting - buy this book. You will not be disappointed." * Richard Clark, Emeritus Professor of Educational Psychology, University of Southern California, Emeritus CEO of Atlantic Training Inc. and Expert Knowledge Solutions LLC *"A clear roadmap for finding, judging, and applying proven evidence-informed methods to transform training outcomes." * Patti Shank, PhD, instructional design expert and author, Manage Memory for Deeper Learning *"Brutally honest about the fallacies and myths that hinder practice, it is also refreshingly strong on contemporary research and recommendations. Read it and do it!" * Donald Clark - LearnTech Entrepreneur, Professor, Speaker & Blogger *"A solid foundation for making training work. A must-read for all learning professionals." * Jeroen J. G. van Merriënboer, Professor of Learning and Instruction in the School of Health Professions Education, Maastricht University, The Netherlands *"A great service to learning design and a clear guide to the necessity, barriers, and core elements of evidence-informed learning." * Clark Quinn, consultant and author of Engaging Learning, Designing mLearning, and Revolutionize Learning & Development *"Opens our eyes to the truth and complexity of effective learning design. Everyone in workplace learning should read, study, and keep this book close at hand." * Will Thalheimer, PhD, Work-Learning Research, Inc. *Table of Contents Section - ONE: What is evidence-based learning design?; Section - TWO: Learning and development design in organizations; Section - THREE: Fads and fallacies; Section - FOUR: Tools and techniques; Section - FIVE: Self directed learning

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Book SynopsisHow do you make the most of the volunteers who give their time to your organisation? Engaging people, giving them a great experience and balancing the needs of your organisation is an essential skill. These are the key strategic issues covered in this comprehensive guide for recruiting, selecting, involving and rewarding volunteers effectively.Ensure you get it right by gaining from the knowledge and experience gathered in this single volume by leaders in their field. This guide captures the essential information anyone managing volunteers. If you've just been given responsibility for volunteers in addition to your main role, or you're a dedicated Volunteer Manager, this book is for you. It will also be useful for other management and senior management roles to understand the work involved in effectively engaging volunteers. It includes: * Current trends in volunteering and how to make the most of current opportunities * How to match the right volunteers to the right roles * Creating a comprehensive volunteering programme * Measuring the impact of volunteering in meeting your aims * How to improve strategy and working relationships for your organisation.Trade Review‘This book provides extensive guidance on effective volunteer management, matching people to the right roles and creating an effective volunteering strategy. It is a valuable resource for everyone who works in this hugely significant aspect of our lives.’ Baroness Grey-Thompson, DBE, DL [from the Foreword] ; ‘A valuable source of information for anyone seeking to empower and support volunteers through effective management, enablement and support. The book is well researched, clearly presented and easy to navigate quickly.’ Rebecca Kennelly, Director of Volunteering for Royal Voluntary Service

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Book SynopsisTable of ContentsPreface xv Chapter 1 Introduction 1 The Expanding Role of Technical Analysis 1 Convergence of Trading Styles in Stocks and Futures 3 Professional and Amateur 5 Random Walk 6 Deciding on a Trading Style 7 Measuring Noise 9 Maturing Markets and Globalization 12 Background Material 14 System Development Guidelines 15 Objectives of This Book 16 Profile of a Trading System 17 A Word about the Notation Used in This Book 20 A Final Comment 20 Chapter 2 Basic Concepts and Calculations 21 A Brief Word About Data 22 Simple Measures of Error 23 On Average 24 Price Distribution 28 Moments of the Distribution: Mean, Variance, Skewness, and Kurtosis 32 Choosing Between Frequency Distribution and Standard Deviation 37 Measuring Similarity 38 Standardizing Risk and Return 40 The Index 45 An Overview of Probability 50 Supply and Demand 56 Chapter 3 Charting 67 Finding Consistent Patterns 68 What Causes the Major Price Moves and Trends? 70 The Bar Chart and Its Interpretation by Charles Dow 71 Chart Formations 80 Trendlines 81 One-Day Patterns 89 Continuation Patterns 101 Basic Concepts in Chart Trading 105 Accumulation and Distribution: Bottoms and Tops 106 Episodic Patterns 118 Price Objectives for Bar Charting 119 Implied Strategies in Candlestick Charts 126 Practical Use of the Bar Chart 131 Evolution in Price Patterns 134 Chapter 4 Charting Systems 137 Dunnigan and the Thrust Method 138 Nofri’s Congestion-Phase System 141 Outside Days and Inside Days 143 Pivot Points 145 Action and Reaction 146 Programming the Channel Breakout 153 Moving Channels 155 Commodity Channel Index 156 Wyckoff’s Combined Techniques 157 Complex Patterns 158 Computer Recognition of Chart Patterns 160 Chapter 5 Event-Driven Trends 167 Swing Trading 167 Point-and-Figure Charting 176 The N-Day Breakout 195 Chapter 6 Regression Analysis 207 Components of a Time Series 207 Characteristics of the Price Data 208 Linear Regression 210 Linear Correlation 218 Nonlinear Approximations for Two Variables 222 Transforming Nonlinear to Linear 225 Multivariate Approximations 228 ARIMA 233 Basic Trading Signals Using a Linear Regression Model 238 Measuring Market Strength 241 Chapter 7 Time-Based Trend Calculations 243 Forecasting and Following 244 Price Change over Time 247 The Moving Average 248 The Moving Median 255 Geometric Moving Average 255 Accumulative Average 256 Drop-off Effect 256 Exponential Smoothing 257 Plotting Lags and Leads 267 Chapter 8 Trend Systems 269 Why Trend Systems Work 269 Basic Buy and Sell Signals 274 Bands and Channels 280 Choosing the Calculation Period for the Trend 290 A Few Classic Single-Trend Systems 291 Comparison of Single-Trend Systems 295 Techniques Using Two Trendlines 307 Three Trends 314 Comprehensive Studies 318 Selecting the Trend Speed to Fit the Problem 318 Moving Average Sequences: Signal Progression 319 Early Exits from a Trend 322 Projecting Moving Average Crossovers 323 Early Identification of a Trend Change 323 Chapter 9 Momentum and Oscillators 325 Momentum 326 Adding Volume to Momentum 339 Divergence Index 342 Visualizing Momentum 343 Oscillators 345 Double-Smoothed Momentum 364 Velocity and Acceleration 369 Hybrid Momentum Techniques 375 Momentum Divergence 377 Some Final Comments on Momentum 385 Chapter 10 Seasonality and Calendar Patterns 387 Seasonality Never Disappears 388 The Seasonal Pattern 389 Popular Methods for Calculating Seasonality 390 Classic Methods for Finding Seasonality 408 Weather Sensitivity 420 Identifying Seasonal Trades 422 Seasonality and the Stock Market 439 Common Sense and Seasonality 449 Chapter 11 Cycle Analysis 451 Cycle Basics 451 Uncovering the Cycle 465 Maximum Entropy 481 Short Cycle Indicator 489 Phasing 491 Chapter 12 Volume, Open Interest, and Breadth 495 Futures Volume and Open Interest 496 Extended Hours and 24-Hour Trading 497 Variations from the Normal Patterns 498 Standard Interpretation 502 Volume Indicators 506 Breadth Indicators 518 Is One Volume or Breadth Indicator Better than Another? 524 More Trading Methods Using Volume and Breadth 525 An Integrated Probability Model 533 Intraday Volume Patterns 534 Filtering Low Volume 537 Market Facilitation Index 538 Chapter 13 Spreads and Arbitrage 541 Dynamics of Futures Intramarket Spreads 542 Carrying Charges 543 Spreads in Stocks 546 Spread and Arbitrage Relationships 547 Risk Reduction in Spreads 548 Arbitrage 549 The Carry Trade 580 Implied Versus Historic Volatility 584 Changing Spread Relationships 589 Intermarket Spreads 591 Chapter 14 Behavioral Techniques 607 Measuring the News 608 Event Trading 614 Commitment of Traders Report 627 Opinion and Contrary Opinion 635 Fibonacci and Human Behavior 642 Elliott’s Wave Principle 646 Price Target Constructions Using the Fibonacci Ratio 656 Fischer’s Golden Section Compass System 657 W. D. Gann: Time and Space 662 Financial Astrology 668 Chapter 15 Short-Term Patterns 683 Projecting Daily Highs and Lows 684 Time of Day 686 Opening Gaps 699 Weekday, Weekend, and Reversal Patterns 707 Computer-Based Pattern Recognition 729 Artificial Intelligence Methods 732 Chapter 16 Day Trading 735 Impact of Transaction Costs 736 Slippage and Liquidity 738 Key Elements of Day Trading 741 Trading Using Price Patterns 748 Intraday Breakout Systems 752 High-Frequency Trading 769 Intraday Volume Patterns 773 Intraday Price Shocks 773 Chapter 17 Adaptive Techniques 777 Adaptive Trend Calculations 777 Adaptive Variations 787 Other Adaptive Momentum Calculations 792 Adaptive Intraday Breakout System 795 An Adaptive Process 797 Chapter 18 Price Distribution Systems 799 Accuracy is in the Data 799 Use of Price Distributions and Patterns to Anticipate Moves 803 The Importance of the Shape of the Distribution 808 A Purchaser’s Inventory Model 819 A Producer’s Selling Model 823 Steidlmayer’s Market Profile 824 A Fast Version of Market Profile 833 Chapter 19 Multiple Time Frames 835 Tuning Two Time Frames to Work Together 836 Displaying Two or Three Time Frames 837 Elder’s Triple Screen Trading System 838 Robert Krausz’s Multiple Time Frames 841 Martin Pring’s KST System 845 Chapter 20 Advanced Techniques 849 Measuring Volatility 849 The Price-Volatility Relationship 856 Using Volatility for Trading 860 Liquidity 869 Trends and Price Noise 871 Trends and Interest Rate Carry 874 Fuzzy Logic 874 Expert Systems 880 Game Theory 885 Fractals, Chaos, and Entropy 890 Genetic Algorithms 897 Neural Networks 905 Machine Learning and Artificial Intelligence 915 Replication of Hedge Funds 917 Chapter 21 System Testing 919 Expectations 920 Selecting the Test Data 921 Testing Integrity 927 Identifying the Parameters 929 Searching for the Best Result 931 Too Large to Test Everything 935 Visualizing and Interpreting Test Results 937 The Impact of Costs 950 Refining the Strategy Rules 951 Arriving at Valid Test Results 952 Comparing the Results of Two Trend Systems 959 Retesting to Stay Current 962 Profiting from the Worst Results 963 Testing Across a Wide Range of Markets 965 Price Shocks 970 Anatomy of an Optimization 972 Summarizing Robustness 976 Chapter 22 Adding Reality 983 Some Computer Basics 983 The Abuse of Power 988 Final Steps before Launch 989 Extreme Events 992 Gambling Techniques: The Theory of Runs 1000 Selective Trading 1008 System Trade-Offs 1008 Silver and Amazon: Too Good to Be True 1013 Similarity of Systematic Trading Signals 1014 Chapter 23 Risk Control 1021 Mistaking Luck for Skill 1021 Risk Aversion 1022 Liquidity 1027 Measuring Return and Risk 1028 Position Sizing 1041 Individual Trade Risk 1046 Kaufman on Stops and Profit-Taking 1050 Entering a Position 1053 Leverage 1058 Compounding a Position 1060 Selecting the Best Markets 1064 Probability of Success and Ruin 1072 Managing Equity Risk 1075 Ideal Leverage Using Optimal f 1078 Comparing Expected and Actual Results 1081 Chapter 24 Diversification and Portfolio Allocation 1089 Diversification 1090 Types of Portfolio Models 1095 Classic Portfolio Allocation Calculations 1097 Finding Optimal Portfolio Allocation Using Excel’s Solver 1100 Kaufman’s Genetic Algorithm Solution to Portfolio Allocation (GASP) 1103 Volatility Stabilization 1129 About the Companion Website 1134 Index 1135

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Book SynopsisWhat does it mean to be yourself at work? As a leader, how do you strike the right balance between vulnerability and authority? This book explains the role of authenticity in emotionally intelligent leadership. You'll learn how to discover your authentic self, when emotional responses are appropriate, how conforming to specific standards can hurt you, and when you need to feel like a fake. This volume includes the work of: Bill GeorgeHerminia IbarraRob GoffeeGareth Jones This collection of articles includes: "Discovering Your Authentic Leadership" by Bill George, Peter Sims, Andrew N. McLean, and Diana Mayer; "The Authenticity Paradox" by Herminia Ibarra; "What Bosses Gain by Being Vulnerable" by Emma Seppala; "Practice Tough Empathy" by Rob Goffee and Gareth Jones; "Cracking the Code That Stalls People of Color" by Sylvia Ann Hewitt; "For a Corporate Apology to Work, the CEO Should Look Sad" by Sarah Green Carmichael; and "Are Leaders Getting Too Emotional?" an interview with Gautam Mukunda and Gianpiero Petriglieri by Adi Ignatius and Sarah Green Carmichael. How to be human at work. The HBR Emotional Intelligence Series features smart, essential reading on the human side of professional life from the pages of Harvard Business Review. Each book in the series offers proven research showing how our emotions impact our work lives, practical advice for managing difficult people and situations, and inspiring essays on what it means to tend to our emotional well-being at work. Uplifting and practical, these books describe the social skills that are critical for ambitious professionals to master.

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Book SynopsisLook around your office. Turn on the TV. Incompetent leadership is everywhere, and there's no denying that most of these leaders are men.In this timely and provocative book, Tomas Chamorro-Premuzic asks two powerful questions: Why is it so easy for incompetent men to become leaders? And why is it so hard for competent people--especially competent women--to advance?Marshaling decades of rigorous research, Chamorro-Premuzic points out that although men make up a majority of leaders, they underperform when compared with female leaders. In fact, most organizations equate leadership potential with a handful of destructive personality traits, like overconfidence and narcissism. In other words, these traits may help someone get selected for a leadership role, but they backfire once the person has the job.When competent women--and men who don't fit the stereotype--are unfairly overlooked, we all suffer the consequences. The result is a deeply flawed system that rewards arrogance rather than humility, and loudness rather than wisdom.There is a better way. With clarity and verve, Chamorro-Premuzic shows us what it really takes to lead and how new systems and processes can help us put the right people in charge.Trade Review"Each of this year's best business books on talent and leadership is distinguished by startlingly specific diagnoses and descriptions of the roots of our leadership crisis. In the best among them, Tomas Chamorro-Premuzic, professor of business psychology at University College London and Columbia University, persuasively argues that today's "epidemic of bad leadership" is caused by a surplus of incompetent men whose flaws perversely enable them to rise to the top." -- strategy+business magazineNamed a Financial Times Business Book of the MonthNamed one of "14 business books everyone will be reading in 2019" -- Business InsiderAdvance Praise for Why Do So Many Incompetent Men Become Leaders? (And How to Fix It):Cindy Gallop, founder and CEO, IfWeRanTheWorld--"The single most important book on leadership of our time. This insightful, innovative, original perspective is an absolute must-read for anyone who wants to identify the best leaders for their business and to be the best leaders they can be themselves--men and women alike. This book is now going to be my go-to gift for everyone I know, in business and in life."Avivah Wittenberg-Cox, bestselling author, Seven Steps to Leading a Gender-Balanced Business--"This wonderful book illustrates how gender balance is a lever for higher business performance. A delightfully honest manifesto to transform traditional, underperforming, overconfident male standards of leadership into something that actually delivers, inspires, and engages. Brilliant and timely."Barbara Kellerman, James MacGregor Burns Lecturer in Public Leadership, Harvard Kennedy School--"As the title--Why Do So Many Incompetent Men Become Leaders?--suggests, Tomas Chamorro-Premuzic has written a lively and provocative book. For anyone with an interest in leadership, and in gender differences as they might particularly pertain, the issues he raises and the conclusions he reaches will provide good grist for their collective mill.”

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Book SynopsisCreative Content Kit is a four-step process for creating content strategy, inspired by 'The System of Publishing' theory (Bhaskar, 2013). Each stage contains a set of cards with methods, content types, platforms and tools.The deck of 65 cards is made for content professionals and non-specialist to ideate, test and solve content problems. It provides a helpful visual structure to ease communication in planning alone, with your team and clients.The first stage, Model, consists of cards with methods and tools that help you define the reason why your content needs to exist. You will start with the cards about Audience and progress to work with the cards about Product, Brand or Business.The second stage presents Content types that you can choose to include in your editorial approach. With the information you gather from the previous stage, you will think about what types of content you need to address your audience, aligned with your product/service, brand or business. There are no rules to pick one type or the other, but as you go through the cards, you will know which is a priority for you.Platforms are the channels and frames that will represent and distribute your content. They represent how and where your audience will experience it: videos on Facebook, photos on Instagram, short texts on Twitter, etc. At this stage, you will check your editorial ideas and goals to define which platform best suits it.Finally, you want to ensure your strategy will Reach your audience, to make sure content is not lost or ignored. You can then make use of practical tools, tips and tactics regarding exposure to capture their attention.HOW TOThe cards have numbers, a title, a subtitle - guiding you to make your choices - and body text that will indicate what you can start doing with call-to-action bullet points.Start by thinking about your content problem, the number of people involved, and overall investment. The four steps will serve as a guide, and you will organise and choose the cards according to your needs.There is no limit for the use of cards although it will have an impact on the time you will spend at each stage.

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Book SynopsisTrade ReviewA highly intelligent, fact-based defense of the virtues of an open, competitive economy and society. -- Fareed Zakaria * Global Public Square (CNN) *The one thing the American right and left increasingly agree on is that trade, capital flows, and immigration damage many if not most Americans. On the contrary, Professor Clausing of Reed College argues, openness to the world economy is a source of substantial gain. Neither liberal trade nor technological change is the enemy, it is foolish, even malevolent, policies that fail to help people and places to adjust to change and exploit new opportunities. * Financial Times *Amid a growing backlash against international economic interdependence, Clausing makes a strong case in favor of foreign trade in goods and services, the cross-border movement of capital, and immigration. This valuable book amounts to a primer on globalization. -- Richard N. Cooper * Foreign Affairs *An even-handed, fair-minded and up-to-the-minute primer on some of today’s most important economic debates. In [Clausing’s] consideration of who gains and who loses from economic openness, she makes a stout, evidence-led defense of the worldview disparaged as ‘globalism’ by both the Right and the Left. -- Oliver Wiseman * Standpoint *Takes on anti-globalization arguments from the left and right to make the case for open economies, while also investigating the domestic policy interventions required to address inequality in the United States. -- Rebecca Friedman Lissner * War on the Rocks *Global integration will not work if it means local disintegration. Kim Clausing’s important book lays out the economics of globalization and, more important, shows how globalization can be made to work for the vast majority of Americans. I hope the next President of the United States takes its lessons on board. -- Lawrence H. Summers, Harvard University, former Secretary of the TreasuryIt is all too easy to blame the recent troubles of advanced economies—including slower growth, rising inequality, and lower social mobility—on economic globalization. Kimberly Clausing’s comprehensive but crystal-clear new book shows that ‘the fault lies not in our stars, but in ourselves’: if only the political will is there, national policy can harness globalization as a force for inclusive growth. This is a message that thoughtful citizens of every political stripe need to absorb. -- Maurice Obstfeld, University of California, Berkeley, and former Chief Economist, International Monetary FundOpen provides a vitally important corrective to the current populist moment. Clausing brings the underlying economics to life, showing that walls won’t keep prosperity trapped within; they’ll keep new ideas out, deter valuable foreign capital, close off investment opportunities, prevent our businesses from learning from others, and destroy the vigor that comes with a vibrant immigrant community. Most important, Open points the way to a kinder, gentler version of globalization that ensures that the gains are shared by all. -- Justin Wolfers, University of MichiganAnyone interested in the biggest economic debates of our time would benefit from reading Open. Kimberly Clausing marshals a wide range of evidence and analysis to address the question of how to advance the prospects of the middle class. Her answer is a combination of timeless truths about the importance of openness updated in often novel ways to address the challenges of today’s global economy. -- Jason Furman, Harvard University, former Chairman of the Council of Economic AdvisersClausing, a respected international economist and one of the world’s leading experts on multinational firms’ responses to tax policy, has created a clarion call for a return to reason by polarizing forces on both sides of the political isle. There is something in here for people on both sides to love and to hate, but plenty for everyone to learn. -- Katheryn Russ, University of California, DavisShows that globalization and free trade can, in fact, be redesigned to help struggling ordinary Americans. * ProMarket *

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