Search results for ""Harriman House""

The World's Simplest Guide to the Stock Market provides a crash course on the essentials of stocks and the stock market. In plain language it gives clear answers to key questions such as: What is a company, how do companies grow, how do companies raise money, and how does a company go public? What is a stock, what causes stock prices to move, and what do investors experience when they own a stock? What are stock exchanges, how do exchanges work, how do investors interact with exchanges, and what is an index?And much, much more!Author Edward W. Ryan brings life to what can be complex and daunting topics. By drawing on his own experiences as both a personal investor and a professional in the investment industry, he provides real-world context that makes the material relatable and memorable.The World's Simplest Guide to the Stock Market is the ideal first read for anyone new to stocks, but is also useful

Read more less

Getting to financial independence can seem like an impossible journey. What path should you take? How do you get started? What about bumps in the road? The good news is there are proven routes to freedom and wealth-and they're nearer and simpler than you think. To help you make your own way to true and lasting financial independence, acclaimed personal finance writer Jonathan Clements has brought together the inspiring financial life stories of 30 people, all told in their own words. Learn from the triumphs and disasters, the challenges and reflections of a wide range of real men and women just like you-and the surprising but repeatable ways they achieved financial freedom. From a chemical plant worker to an Army lawyer, a unitarian minister to a high-school teacher, a software engineer to a retired mutual fund manager-all have timeless wisdom and inspiration you can put into action right now, bringing you one step closer to your own financial freedom.

Read more less

Would you like to be your own boss? To spend your days doing pretty much what you like - and get paid ten times as much as you used to for sitting at a laptop for someone who doesn't care about you? There's no doubt that being a financial trader is one of the best ways to achieve this. Robbie Burns - aka The Naked Trader - knows this from experience. Twenty-two years ago he took the leap. Since then he has traded his way in stocks and shares from a few grand to over GBP3m ($5m). Along the way, he recorded a lot of his trades. He also steadily built up an arsenal of effective trading strategies: ideas that make money. Repeatedly. With no technical nonsense, no complicated equations or weird theories, just common sense and logic - which turns out not to be so common in the markets... This all-new book brings them together in one place for the first time, and shows them in action, in a compelling follow-up to his bestselling Naked Trader books. Learn how to trade the news, dash for cash, go against the crowd, play dumb to make smart money, tame black swans, score by structuring your portfolio like a football team, perfect the art of the entry, become brilliant at bouncebacks, set stop-losses like a pro... and tons more! With Robbie's trademark humour and unrivalled honesty, this book will help you kickstart your trading career, or revive it after running into difficulties - and set you on the way to freedom and financial security.

Read more less

Ideas don’t just happen, they don’t spring from nowhere. Ideas come to life from everything that’s already inside our brains. Because new ideas are actually a new reaction between existing ideas. This means creativity is about finding ways to put unrelated, disconnected things together. When two unrelated things come together, something new springs into existence, they form a third thing, and that becomes a new idea. That’s Crossover Creativity. The more you read, watch, observe and consume, the more fuel for ideas you have in your brain, the more crossover creativity will happen for you. In this latest collection of stories about creativity in real-life situations, Dave Trott presents examples of crossover creativity in action – as a guide for those who have to generate ideas in advertising, business, sport, or anywhere in the wider world.

Read more less

Investors in stocks are faced with two major problems: How to find and interpret the most useful data from company accounts. How to whittle down the list of thousands of public companies into a smaller pool of candidates for further research. In Four Ways to Beat the Market, experienced financial journalist Algy Hall provides the solution to both problems and helps investors in their quest to pick winning shares. The answer lies in stock screens. Over a decade, the four stock screens described here outperformed the market by 242% to 388%. These stock screens are ridiculously powerful - but staggeringly simple. Algy starts with four strategies for equity investing: Quality, Value, Income and Momentum. He shows how to construct four stock screens and use data from company accounts, including common accounting ratios, to filter stocks on the criteria that each of these strategies is looking for. And once the shortlist of screened stocks is produced, Algy explains how to use that shortlist as a basis for further analysis and research, before making an investment. Along the way, Algy also reveals the logical and empirical basis behind Quality, Value, Income and Momentum strategies, to help investors understand why they work and give them the confidence that they will continue to work in the future. Many other hints, tricks and tactics for investors are revealed, to help investors spot the best stocks and avoid the duds. With Algy Hall as your guide, discover the surprising ideas and stories that lie behind these strategies, while building the necessary know-how to improve your investment returns.

Read more less

Harriman Definitive Edition - now with a new foreword by Peter Brandt. Richard W. Schabacker's great work, Technical Analysis and Stock Market Profits, is a worthy addition to any technical analyst's personal library or any market library. His "pioneering research" represents one of the finest works ever produced on technical analysis, and this book remains an example of the highest order of analytical quality and incisive trading wisdom. Originally devised as a practical course for investors, it is as alive, vital and instructional today as the day it was written. It paved the way for Robert Edwards and John Magee's best-selling Technical Analysis of Stock Trends - a debt which is acknowledged in their foreword: 'Part One is based in large part on the pioneer researches and writings of the late Richard Schabacker.' Schabacker presents technical analysis as a totally organized subject and comprehensively lays out the various important patterns, formations, trends, support and resistance areas, and associated supporting technical detail. He presents factors that can be confidently relied on, and gives equal attention to the blemishes and weaknesses that can upset the best of analytical forecasts: Factors which investors would do well to absorb and apply when undertaking the fascinating game of price, time and volume analysis.

Read more less

Buy good companies. Don’t overpay. Do nothing. Some people love to make successful investing seem more complicated than it really is. In this anthology of essays and letters written between 2010–20, leading fund manager Terry Smith delights in debunking the many myths of investing – and making the case for simply buying the best companies in the world. These are businesses that generate serious amounts of cash and know what to do with it. The result is a powerful compounding of returns that is almost impossible to beat. Even better, they aren’t going anywhere. Most have survived the Great Depression and two world wars. With his trademark razor-sharp wit, Smith not only reveals what these high-quality companies really look like and where to find them (as well as how to discover impostors), but also: - why you should avoid companies that abuse the English language - how most share buybacks actually destroy value - what investors can learn from the Tour de France - why ETFs are much riskier than most realise - how ESG investors often end up with investments that are far from green or ethical - his ten golden rules for investment - and much, much more. Backed up by the analytical rigour that made his name with the cult classic, Accounting for Growth (1992), the result is a hugely enjoyable and eye-opening tour through some of the most important topics in the world of investing – as well as a treasure trove of practical insights on how to make your money work for you. No investor’s bookshelf is complete without it.

Read more less

The chief investment officers (CIOs) at endowments, foundations, family offices, pension funds, and sovereign wealth funds are the leaders in the world of finance. They marshal trillions of dollars on behalf of their institutions and influence how capital flows throughout the world. But these elite investors live outside of the public eye. Across the entire investment industry, few participants understand how these holders of the keys to the kingdom allocate their time and their capital. What’s more, there is no formal training for how to do their work. So how do these influential leaders practice their craft? What skills do they require? What frameworks do they employ? How do they make investment decisions on everything from hiring managers to portfolio construction? For the first time, Capital Allocators lifts the lid on this opaque corner of the investment landscape. Drawing 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. These insights include: ● The best practices for interviewing, decision-making, negotiations, leadership, and management. ● Investment frameworks across governance, strategy, process, data analysis, and uncertainty. ● The wisest and most impactful quotes from guests on the Capital Allocators podcast. Learn from the likes of the CIOs at the endowments of Princeton and Notre Dame, family offices of Michael Bloomberg and George Soros, pension funds from the State of Florida, CalSTRS, and Canadian CDPQ, sovereign wealth funds of New Zealand and Australia, and many more. Capital Allocators is the essential new reference manual for current and aspiring CIOs, the money managers that work with them, and everyone allocating a pool of capital.

Read more less

Harriman Classics with a new foreword by James P. O'Shaughnessy If you want to get rich, no matter how inexperienced you are in investment, this book can help you. Its message is that you must not avoid risk, nor court it foolhardily, but learn how to manage it - and enjoy it too. The 12 major and 16 minor Zurich Axioms contained in this book are a set of principles providing a practical philosophy for the realistic management of risk, which can be followed successfully by anyone, not merely the 'experts'. Several of the Axioms fly right in the face of the traditional wisdom of the investment advice business - yet the enterprising Swiss speculators who devised them became rich, while many investors who follow the conventional path do not. Max Gunther, whose father was one of the original speculators who devised the Axioms, made his first capital gain on the stock market at the age of 13 and never looked back. Now the rest of us can follow in his footsteps. Startlingly straightforward, the Axioms are explained in a book that is not only extremely entertaining but will prove invaluable to any investor, whether in stocks, commodities, art, antiques or real estate, who is willing to take risk on its own terms and chance a little to gain a lot.

Read more less

If you are in business, you are in the business of behaviour - and unless a business influences behaviour, it will not succeed. In the last 50 years we have learnt more about how we behave than over the previous 5,000. This book shows how behavioural science has revolutionised our understanding of how people really think (or don't) - and how we can use those insights in our businesses to influence behaviour and gain competitive advantage. Richard Chataway is Director of Behavioural Science at Gobeyond Partners and has experience in everything from getting people to join the armed forces, drink spirits rather than wine, and buy flatpack furniture - to developing the world's most successful stop-smoking mobile app. Introducing the leading thinkers and practitioners from this new field (and sharing dozens or real-world examples), Richard guides readers through the hidden influences, biases and fallacies that influence the behaviour of customers, employees, and business leaders alike - and shows how we can ethically use these insights to: * powerfully attract and retain customers * fuel true and lasting innovation * stand apart in the new world of increasing automation and artificial intelligence * change workplaces and maintain happy and productive employees and teams * and a lot more! It's time to shape behaviour instead of simply reacting to it. The Behaviour Business is the eye-opening, practical guide you have been waiting for.

Read more less

Glen Goodman's goal was to retire young and wealthy, escaping the daily grind. He taught himself how to trade everything from shares to Bitcoin and made enough money to realise his dream and quit his day job while still in his 30s. In The Crypto Trader, Glen will show you exactly how he made huge profits trading Bitcoin, Ethereum, Ripple and more, so that you can do it too - without risking your shirt. Glen publicly called the top of the market in December 2017 and took his profits before the crash. But there are still tons of trading opportunities out there and Glen continues to trade crypto successfully. Inside you'll see his multi-hundred-percent gains on a raft of cryptocurrencies and learn how he builds his profits and holds onto them. Glen reveals all his trading strategies, the proven methods and rules that make him one of the most followed traders in the world on social media. (He is also frequently interviewed by the BBC, Forbes and LBC, and is a contributing expert on cryptocurrency at the London School of Economics.) It took Glen years of study and trial and error to become a consistent money maker. He learnt his trading lessons the hard way - so you don't have to. With The Crypto Trader by your side, you'll learn how to grab opportunities, make money - and keep it.

Read more less

Over seven years, 45 of the world''s top investors were given between $25m and $150m to invest by fund manager Lee Freeman-Shor. His instructions were simple. There was only one rule. They could only invest in their ten best ideas to make money.It seemed like a foolproof plan to make a lot of money. What could possibly go wrong? These were some of the greatest minds at work in the markets today - from top European hedge fund managers to Wall Street legends.But most of the investors'' great ideas actually lost money. Shockingly, a toss of a coin would have been a better method of choosing whether or not to invest in a stock.Nevertheless, despite being wrong most of the time, many of these investors still ended up making a lot of money.How could they be wrong most of the time and still be profitable?The answer lay in their hidden habits of execution, which until now have only been guessed at from the outside world.This book lays bare tho

Read more less

Point and Figure charts are one of the great secrets of the Technical Analysis world. Highly sophisticated and with a thoroughbred pedigree, they can, however, be overlooked by traders today. Jeremy du Plessis - one of the foremost Point and Figure experts in the world - returns with a fully updated second edition of this definitive guide in an effort to redress this imbalance. This second edition, with an extensive revision to the text and introduction of brand new techniques, demystifies the world of Point and Figure charting. It includes a detailed explanation of the history and development of the technique from its invention to the modern day, and covers the makeup of the chart patterns, why they are created, and how to interpret them. Throughout, readers are encouraged to understand Point and Figure charts from first principles, rather than just remember the names of a series of patterns. It is the first major work for 50 years to discuss in depth the original 1-box reversal method of Point and Figure charting and contrast it with the more popular 3-box reversal method.Further, the explanation of how to use Point and Figure charts to project targets and calculate risk-reward ratios is the most comprehensive ever seen. Also featured in the second edition are: a step-by-step analysis of the FTSE 100 Index using the 3-box method, as well as the NASDAQ Composite Index, using the 1-box method; a detailed discussion of optimising techniques; an in-depth chapter on Analysing Point and Figure charts, extensively rewritten from the first edition; a new explanation of how Point and Figure parameters are chosen and the implications of choosing them; two new Point and Figure construction methods never seen before. Point and Figure's contribution to market breadth, with a look at bullish percent and two brand new indicators; full discussion of Point and Figure gaps and how they provide valuable information about the chart; lesser known, more advanced techniques such as the use of moving averages, parabolic SAR and Bollinger Bands on Point and Figure charts; and price and volume activity histograms and how they provide information about support and resistance.All this is illustrated with numerous colour charts and observations from years of trading experience. According to du Plessis, Point and Figure charts are the 'voice of the market'. This book helps you listen to, and understand, that voice. Part of the Market Technicians Association (MTA) required reading list.

Read more less

John McCarthy MBE, of McCarthy and Stone, is a self-made multimillionaire. He and his family have been long-term members of The Times Rich List. One of the best examples of the self-made man, John started working life at fifteen as a "chippy". Every venture he has embarked on, he has achieved with drive and success. His legendary reputation is as the most successful builder of retirement homes across Europe. He has also built and skippered winning ocean-racing yachts. He has owned and run a top polo team. He became a big game hunter and avid game bird shooter, underwater diver, skier and squash player. He makes other septuagenarians look really old. In this book John McCarthy recounts his fascinating life story so far. But these are not just the interesting memoirs of a successful man. John's tussles with bankers and lawyers, planners and politicians, Government red tape and political autocracy, competitors and recalcitrant employees tell a story that has real relevance to all aspiring entrepreneurs in whatever field of endeavour. John McCarthy's rules of engagement and how to build a billion pound company are as topical now as they were when he did it.

Read more less

Many traders go around searching for that one perfect trading strategy that works all the time in the global FOREX (foreign exchange/currency) market. Frequently, they will complain that a strategy doesn''t work. Few people understand that successful trading of the FOREX market entails the application of the right strategy for the right market condition.7 Winning Strategies For Trading Forex covers:- Why people should be paying attention to the FOREX market, which is the world''s largest and most liquid financial market- How understanding the structure of this market can be beneficial to the independent trader- How to overcome the odds and become a successful trader- How you can select high-probability trades with good entries and exits.Grace Cheng highlights seven trading strategies, each of which is to be applied in a unique way and is designed for differing market conditions. She shows how traders can use the various market conditions to their

Read more less

Sovereign Wealth Funds (SWFs) - state investment vehicles based on balance of payment surpluses - have come increasingly under the scrutiny of public opinion over the past decade. Their remarkable investments in developed economies have also attracted the attention of politicians, academics and financial operators. At first ignored, then seen as a cause for concern, they finally came to be viewed as stabilising agents amid the troubles of the 2007-2009 financial tsunami. Having sponsored the bailouts of some significant Western banks, SWFs underwent a phase of retrenchment concomitant with the shrinking of economic growth, the bursting of financial and real-estate bubbles and the emphasis on refocusing liquidity on domestic markets that followed in the wake of the crisis. Since the second half of 2009, however, SWFs have adjusted targets and strategies to the new financial paradigm and re-engaged in the global economy, proving to be major players in the international financial markets. The universe of SWFs symbolises a shift in the balance of economic power, with the dominant areas being the Gulf Council countries, China, Singapore, Russia, Libya and Norway.It is also an area of finance that has hitherto remained - and not accidentally - profoundly obscure. This book presents comprehensive research and analysis of this shift, as well as the related issue of transparency. It furthermore brings together the best research and information available on the activities of SWFs, detailing previously hard to find operational information. In this book the authors answer key questions, such as: - What defines a SWF? - When and how did SWFs emerge? - What investment strategies do SWFs pursue? - What are the main financial, economic and political consequences of the operations of SWFs? - What reactions have SWFs triggered in their domicile countries and abroad? - Is transparency in SWFs really important and for whom? - What approach has been taken by international organisations towards SWFs? 'Sovereign Wealth Funds' provides a detailed guide to an area of finance worth trillions of dollars, involving many of the world's governments, and affecting a wide array of sectors. It should prove essential reading for anyone looking to understand this international financial phenomenon.

Read more less

Covers the different types of psychometric testing companies use, the various forms of interviews they employ, from first interview to panel interview to competency-based interview, as well as all aspects of performing well at assessment centres.

Read more less

Estimates show that there are around 20,000 Ultra High Net Worth individuals in existence today, each with bankable assets in excess of $50 million. Between them they possess a wealth of $5,000 billion, 10 per cent of the world's estimated total wealth. The UHNW wealth management business is therefore a critically important as well as complex part of modern finance. It exists within a 'client-banker-bank' triangle and is influenced by serious exogenous factors in political, economic and fiscal environments, as well as by numerous emotional, familial and personal dimensions. In this book, the authors address these complex relationships, serving as guides and advisors for UHNW bankers, banks and clients alike. The authors' clients have taught them that the three major frustrations for private banking clients are bad performance, bad communication with the banker, and confusion in the face of poorly explained financial processes. In the first part of the book, the authors offer their expert solutions to these problems and, in the second, help to eliminate confusion by explaining UHNW financial processes as clearly and simply as possible. The authors mix authoritative advice, gained from long careers in wealth management, with anecdotes and narrative, to make the book approachable as well as informative. The book also contains five major case studies that help to exemplify certain elements involved in UHNW banking across the world, including the importance and impact of: family values and governance; client confidence and connections; cultural and religious considerations; philanthropy; market crises and volatility; and, portfolio diversity and enterprise management. This book is for private bankers who work or aim to work in the Ultra High Net Worth field, the most sought-after and secluded high-end client segment of private banking and wealth management. For UHNW clients, this book is a guide on how to deal with your bankers and what you can expect from them, depicting the view from the other side of the table. And for the management of a private bank or private banking division of a financial institution, this book will serve as an essential introduction on how to improve performance. Expert, in-depth and accessible, "The Ultra High Net Worth Banker's Handbook" is the ultimate guide to this area of modern finance.

Read more less

A classic of political economy that influences a special audience - the British Parliament - and its arguments in the early spring of that year pressed for peace and cooperation with Britain's colonies rather than war.

Read more less

In recent years betting on sporting events and the trading of financial markets have been moving closer to each other, and binary bets are the result of this convergence. This book explains what binary bets are, how to trade them profitably and how to reduce risk. It also includes many real-life examples of binary betting trades.

Read more less

The aim of this book is to explain point-and-figure charting to European investors and traders, and to show why it is the most reliable technical tool for timing entry and exit points in stocks, indices and other securities. The book is written for all levels of trader, from the novice to the experienced. It starts by explaining the basics of point-and-figure, and by showing its advantages over other types of chart. Readers are then given step-by-step instructions on how to start a point-and-figure chart from simple price data, and how to add to it day-by-day using simple rules based on end of day highs and lows. The emphasis is on simplicity and clarity. The section on chart interpretation introduces the basic buy and sell signals, and goes on to explain the more complex signals, in each case illustrating the pattern, and the precise entry and exit points, with colour charts from FTSE stocks and indices. It also shows how trend lines are incorporated into a chart. The latest point-and-figure trading techniques are covered in depth.The authors show how to: use horizontal and vertical counts to estimate the size of price moves, use stop-orders to protect positions, use pyramiding to maximise profitable trends, and use swing trading in combination with p&f. They also show how to adapt your trading style to the amount of capital you have available and to your risk tolerance. In the later sections of the book, the authors concentrate on optimisation of p&f trading and the avoidance of the most common trap - 'over-fitting' - and on analysis of the profitability of p&f trading. They demonstrate conclusively that point and figure, correctly applied, produces consistent and reliable profits across a variety of markets. In summary, Heinrich Weber & Kermit Zieg's book is the definitive guide to the theory and application of point-and-figure charting. It is especially welcome for UK and European traders, since it uses recent charts of FTSE and European securities as examples, and includes hitherto unpublished research on p&f's applicability to European securities.

Read more less

Anthony Pompliano writes 65 letters to his children with inspiring lessons on how to succeed in business, have great relationships, do well with money, and live a healthier and happier life.What does it take to make the most of what really matters (and to know what that is before it passes you by)? To overcome obstacles that set most people back (and to see them coming beforehand)? To flourish not just financially – but also in your family, free time, and the world of business?What does it take to live an extraordinary life?The answers will surprise you.Anthony Pompliano has lived in a war zone, met and interviewed the world's wealthiest people, built and sold companies, invested in more than 200 businesses, formed friendships around the globe, started a loving family, and found happiness. Along the way, he has kept a personal list of the lessons he has learned.Now, in How to Live an Extraordinary Life, he writes 65 let

Read more less

What are the secrets to a healthy, happy, and wealthy retirement? To answer that question, longtime Morningstar columnist and podcaster Christine Benz asked 20 retirement thought leaders to go deep on a single lesson that they believe contributes to success in retirement.These lessons range from nitty gritty financial matters to quality-of-life considerations that help pre-retirees and retirees maximize their time on earth allocations. On the financial side of the ledger, the book delves into knowing your retirement income style (Wade Pfau), understanding how your spending might change in retirement (David Blanchett), and organizing your portfolio to support in-retirement cash flows (William Bernstein). Other interviews probe softer but no less important considerations, such as how to spend in order to optimize happiness (Ramit Sethi), the value of burnishing relationships later in life (Laura Carstensen), and living life so that you have no re

Read more less

In the fight against climate change, the world cannot wait for some hoped-for perfect solution in the future. The crisis is upon us, and we need action now. We need as many different strategies, tools, and ideas as possible; and we need them working right away. We need an all-of-the-above solution. One such solution is the Voluntary Carbon Market (VCM). The VCM is not the solution to climate change. But it is a solution. In Carbon Done Correctly, Richard H. Lawrence, Jr. introduces the VCM through the lens of unsung heroes around the globe who are on the front lines of the fight against climate change. The story begins in Honduras, where Proyecto Mirador builds fuel-efficient cookstoves in rural communities. Richard tells how a medical mission in the wake of Hurricane Mitch in 1998 spawned a multi-decade venture to build better, cleaner stoves which improve the lives of people in Honduras while reducing carbon emissions into our atmosphere. Always at the center of the story are the remarkable people who made it all possible. But Proyecto Mirador needed funding to continue its work. Enter the VCM. Richard describes the process of Gold Standard Certification, by which an organization becomes eligible to sell carbon credits, and the subsequent establishing of Cool Effect, a crowdfunding marketplace for carbon-reducing projects around the world. As Richard shows, for the VCM to succeed and reach its true global potential, transparency and quality must be at the heart of carbon-reducing projects: these projects must reach the Top of the Pyramid. In Carbon Done Correctly, you will be inspired by the stories of the work that people are doing to combat climate change, and you will see how the VCM provides an essential tool in helping them, and other people in the future, continue and improve that work for the benefit of our planet.

Read more less

Value investing moves in and out of favour, but the data doesn't lie. It has always worked, and will continue to work - as long as investors apply a value discipline and invest for the long term. In The Case for Long-Term Value Investing, experienced Wall Street pro Jim Cullen presents the eye-opening data that backs this up, explaining how investors can use the value approach for successful investing today, as well as sharing a wealth of fascinating stories from his time on the Street. Discover: The true principles of value investing Jim's stock-picking method in detail Inspiring case studies of successful value investments How to apply the value discipline through practical strategies. The Case for Long-Term Value Investing also includes a concise history of the last 100 years of market history - showing just how crazy the market can be - with a review of bear markets, recessions, bubbles, melt-ups, interest rates, and much, much more. The Case for Long-Term Value Investing is the ultimate introductory guide to how and why value investing works, how to understand the markets, and how to be a successful investor.

Read more less

We are entering a golden age of alternative investments. Alternative asset classes including private equity, hedge funds, catastrophe reinsurance, real assets, non-traditional credit, alternative risk premia, digital assets, collectibles, and other novel assets are now available to investors and their advisors in a way that they never have been before. The pursuit of diversification is not as straightforward as it once was - and the classic 60/40 portfolio may no longer be sufficient in helping investors achieve their most important financial goals. With the ever-present need for sustainable income and risk management, alternative assets are poised to play a more prominent role in investor portfolios. Phil Huber is the Chief Investment Officer for a multi-billion dollar wealth management firm and acts as your guide on a journey through the past, present, and future of alternative investments. In this groundbreaking tour de force, he provides detailed coverage across the spectrum of alternative assets: their risk and return characteristics, methods to gain exposure, and how to fit everything into a balanced portfolio. The three parts of The Allocator's Edge address: 1. Why the future may present challenges for traditional portfolios; why the adoption of alternatives has remained elusive for many allocators; and why the case for alternatives is more compelling than ever thanks to financial evolution and innovation. 2. A comprehensive survey of the asset classes and strategies that comprise the vast universe of alternative investments. 3. How to build durable and resilient portfolios that harness alternative assets; and how to sharpen the client communication skills needed to establish proper expectations and make the unfamiliar familiar. The Allocator's Edge is written with the practitioner in mind, providing financial advisors, institutional allocators, and other professional investors the confidence and courage needed to effectively understand, implement, and translate alternatives for their clients. Alternative investments are the allocator's edge for the portfolios of tomorrow - and this is the essential guide for advisors and investors looking to seize the opportunity.

Read more less

In this engaging collection of stories, 40 veterans of Berkshire Hathaway annual meetings reflect on why throngs attend and speak to what Warren Buffett seeks in shareholders. Beyond the highlights of Warren's wisdom displayed on stage in his day-long Q&A with vice chairman Charlie Munger, these experts reveal the Berkshire meeting as a community gathering of fun, fellowship, and learning. The contributors whisk readers through the meeting's surrounding events--book signings, panel discussions, and social gatherings--and share the pulse of this distinctive corporate culture. They take stock of how the convocation has evolved and what it might yet become. To learn about what makes Buffett's shareholders tick and what happens at the Berkshire meeting, or to reminisce about past meetings, make this delightful book your companion. Includes work by these best selling authors: - Robert Hagstrom - Robert Miles - Jason Zweig - Joel Greenblatt - Vitally Katsenlson - Jeff Matthews - Charlie Tian - Whitney Tilson - Prem Jain - Karen Linder

Read more less

Every investor needs an edge. Where better to look than the rules of the world's best investors? These are the do's and don'ts that have driven profits in the billions. They are the practical precepts, and hard-earned wisdom, of many of the best investors in the UK and the US and further afield - of the fund manager who outperformed the market by staggering percentages for three decades in a row, of the private investor who once trained the professionals in the City, of the ex-hedge fund manager who now advocates the simplest investing system in the world. And 50+ MORE of the most interesting minds in modern investing, from Wall Street to West London and back again. The legendary Harriman Book of Investing Rules is back with a gripping new volume - packed with hundreds of pages of new content, bringing you the wisdom of the very best investing minds around the globe.

Read more less

The bond markets can be a bewildering place - the words, the concepts and the mathematics can be mind-bogglingly confusing even to seasoned professionals. In this step-by-step guide Stewart Cowley, one of the UK's best-known bond managers, takes investors through the basics they need to know to begin investing in bonds. From compound interest, through yields calculations, how the bond markets work and how to make the most out of the bond markets, this practical, easy-to-read handbook uses spreadsheet examples combined with a wealth of experience to help you work through real-world examples of bond management.

Read more less

Are you looking for some ideas to help you improve your portfolio? Let the brightest, most insightful minds in investing help. The Best Investment Writing - Volume 1 contains 32 hand-selected articles. These are the best pieces from some of the most respected money managers and investment researchers in the world. You'll get valuable insights into: -- The strategies that produce some of the highest historical returns -- Five due diligence questions we must ask before investing -- Why we often make poor "complex" investing decisions -- The easiest, most powerful method to estimate future stock returns -- How to spend our investment gains to maximize genuine happiness The Best Investment Writing - Volume 1 reads like a masters course in investing. See how it can help you become a better investor today. With contributions from: Jason Zweig, Gary Antonacci, Morgan Housel, Ben Hunt, Todd Tresidder, Patrick O'Shaughnessy, Meb Faber, David Merkel, Norbert Keimling, Adam Butler, Stan Altshuller, Tom McClellan, Jared Dillian, Raoul Pal, Barry Ritholtz, Ken Fisher, Chris Meredith, Aswath Damodaran, Ben Carlson, Dave Nadig, Josh Brown, Corey Hoffstein, Jason Hsu, Wes Gray, John Reese, Larry Swedroe, Cullen Roche, Jonathan Clements, Michael Kitces, Charlie Bilello, John Mauldin

Read more less

In the ten years since the first edition of this book was published, Ichimoku charting, or Cloud charting, has gone from the sole preserve of Japanese traders to being used by traders worldwide. This widespread adoption of the technique can be traced at least in part to this book, since it was the first to introduce the technique to the world outside Japan. Candlestick charts play an important role in technical analysis worldwide. This book covers the history of candlestick charts - explaining the context in which they developed. It then moves on to explain how in the 1930s a journalist, with the pseudonym Ichimoku Sanjin, started refining candlestick analysis by adding a series of moving averages. The book explains in detail how to construct Cloud charts and how to interpret them. A chapter is devoted to the advanced analysis of Cloud charts, with an in-depth study of the Three Principles: Wave Principle, Price Target and Timespan Principle. The book is illustrated throughout with numerous examples of Cloud chart analysis. Brand new to this second edition are the author’s thoughts from a further decade of using the technique and new trading examples.

Read more less

THE ULTIMATE GUIDE TO HISTORY'S GREATEST EVER INVESTORSThere's never been a better time to be an ordinary investor. With more opportunities, lower costs and a more level playing field than ever before, the individual really can go head to head with the professionals. But there remains one big difference between Wall Street (or the Square Mile) and the individual investor: technique and experience. Superinvestors provides both in a new way. Based on MoneyWeek's popular 'Great Investors in History' column, it takes an in-depth look at 20 of the best investors in the last 200 years and shows the reader how to copy them.These investors have been picked for a variety of criteria, including their investing excellence, the different ways in which they made money - and, above all, for what they can teach individual investors. Investors representing a wide range of investment styles are included, ranging from David Ricardo, who made a fortune by correctly predicting the outcome of the Battle of Waterloo, to the patient value-orientated approach of Warren Buffett.The book also looks at some of the innovators, including John Bogle's development of index funds as a low-cost way of getting exposure to the market and David Harding's data-driven approach that aims to avoid human emotion. The book then looks at each of the investors' careers in depth. This includes their background, the strategies that they used to beat their peers and an honest evaluation of their success, using a special star ranking system. Naturally, the main focus is on their best investments. However, sometimes failures can be extremely instructive - and the book looks at those investments that didn't quite go to plan. Finally, each chapter concludes by detailing the lessons that ordinary investors can learn from them.Superinvestors is a treasure trove of success stories, cautionary tales, legendary stock picks and world-beating strategies that will fascinate and inspire investors of every level.

Read more less

Financial spread betting is a huge industry. But who wins and who loses at this game? What do the winners do that differs from the losers? That is what this book is about. Malcolm Pryor uses the model of climbing a mountain to explain a disciplined, winning approach to spread betting. First a base camp must be established. This includes getting set up with the right corporate data, charting and accounts software, deciding what to bet on and what your time frame should be, learning the nuances of operating an account, controlling risk, and learning from other people's mistakes. Many spread bettors don't even get this far. Next, we start climbing the mountain; this means having strategies that are right for us. The whole of this section is devoted to illustrating strategies which can be used for spread betting, for example trend following, counter-trend strategies and delta-neutral strategies such as pairs trading. Finally, we make our assault on the summit of the mountain. Th

Read more less

Index-tracking is the flavour of the day - it accounts for around one-third of the total US mutual fund market, and is still growing rapidly. Indexing appears to be unstoppable. But, in The End of Indexing, investment veteran Niels Jensen presents a different vision. In a forthright and compelling examination of the investment landscape, Jensen argues that the economic environment we are entering will be unsuited to index-tracking strategies. Jensen identifies six structural mega-trends that are set to disrupt investors around the globe: 1. End of the debt super-cycle 2. Retirement of the baby boomers 3. Declining spending power of the middle classes 4. Rise of the East 5. Death of fossil fuels 6. Mean reversion of wealth-to-GDP In conjunction, these six themes have the potential to create conditions resembling a perfect storm that will result in low economic growth for decades to come. Investment techniques and methodologies - including passive investing strategies - that have worked so well in the bull market of the last 35 years will no longer deliver acceptable results. As a new investment approach is called for, The End of Indexing provides investors with a guide to the challenging environment ahead and a warning about the future decline of index-tracking.

Read more less

Probably Britain's best-known shares blogger, Malcolm has traded from his armchair for nearly 30 years. He's gone through it all, from frothy bull market bubbles to crunching crashes.

Read more less

A straightforward, winning trading methodThere are certain universal chart patterns that are traced out time and time again by markets - these patterns have stood the test of time and can be instantly recognised by a skilled trader. When you learn how to spot these patterns and use them to forecast market action you have the basis of a winning trading method. Tramline Trading is a complete practical guide that shows you precisely how to do this.The Tramline Trading Method described here is a simple and complete system which combines Fibonacci levels, basic Elliott Wave Theory and John Burford''s original tramline concepts. It is based on a small number of highly reliable patterns and can be put to use in any market. Every detail of how to put the method into practice is revealed, including how to spot developing patterns for high-probability, low-risk trades, where to place entry orders and stop losses, and the five best setups to look out for. Full colour chart illu

Read more less

Building and maintaining effective financial models See-Through Modelling provides a solid theoretical and practical basis for becoming an advanced financial modeller in Excel. It gives the theory and practical detail necessary to build and maintain a financial model yourself. This is done with particular reference to project finance and by drawing upon the lessons learned from UK PFI. In this book Dominic Robertson covers the key aspects of financial modelling, including: - Financial theory - Modelling theory - Excel theory and techniques - A step-by-step practical guide to building a project finance operating model - Computer set-up and efficient use - Keyboard skills - Macro-economic data collection He also includes key practical techniques such as how to: - Greater strategic vision due to vast forecast flexibility - Lower risk of modelling errors due to standardised modelling - Decrease reliance on individual analysts due to increased ease of model interchange - Clear, detailed and holistic modelling function training outline Learning to build a UK PFI project finance model is an extremely good place to start to learn financial modelling.U K PFI is like the world in miniature with simplified operations and simplified finance but containing all the accounting and cash elements that make for a wide-ranging experience. See-Through Modelling is for finance directors who are looking for a deeper understanding of the dynamics of their enterprise and those who want to understand the benefits of adopting a see-through modelling strategy within their enterprise. It is also an invaluable resource for aspiring financial modellers in general and project finance modellers in particular.

Read more less

"One of the most important economic thinkers of all time". (Paul Krugman). Milton Friedman changed the world. From free markets in China to the flat taxes of Eastern Europe, from the debate on drugs to interest rate policy, Friedman's skill for vivid argument and ideas led to robust and often successful challenges to a dizzying amount of received wisdom. Relying on big-picture economic analysis and an insistent faith in human freedom, he took on the economic and political orthodoxies of his day - and if he didn't always win, he never failed to change the terms of the debate. Rarely an uncontroversial figure, with his disciples and detractors to this day, this is neither a credulous nor a critical look at the Nobel laureate. A brand new guide, it simply sets out to explain his economic and public policy thinking in a straightforward and accessible way for the general reader and student.Find out: how Friedman undermined Keynesianism and the prevailing wisdom of large-scale economic intervention; how he demonstrated the true cause of the Great Depression and identified its real culprits (they weren't the ones jumping out of the windows); what Friedman believed really destroys the value of the money in your pocket and how it can be stopped; his arguments for why regulations and minimum-wage laws actually achieve lower standards and greater poverty; and, his reasons for why big corporations prefer markets that aren't free, and how high taxation harms the wealthy less than anyone else. With more, too, on democracy, equality, global trade, education, public services and financial crises, this is a concise but comprehensive guide to the influence of a key 20th century thinker. It is a must-read for anyone who wants to know more about the economist whose work changed everything.

Read more less

The foreign exchange market is the largest and most liquid financial market in the world. In recent years its volatility has been especially pronounced, which has posed problems for investors, companies and governments attempting to manage their economies. The management of exchange rates has become integral to economic performance and to the political landscape. 'Foreign Exchange, The Complete Deal', part of Harriman House's Applied Essentials series, is a comprehensive guide to this broad and exciting market, and how it is traded. James Sharpe, a foreign exchange practitioner with more than 30 years' experience, unravels the important features of the Forex market to give a clear understanding of the issues and processes involved in foreign exchange transactions. This book begins with an exploration of the historical and theoretical background to the markets as they exist today. The transition from a fixed exchange rate system to a floating system is examined and insight is given on the processes that determine exchange rates and how the system employed impacts government policy.There is also a detailed section about the influence interventions by central banks have on the market.The focus then moves to foreign exchange in practice, the core of the book. Topics covered include: - The range of foreign exchange transactions available - including spot, forward, broken date, non-deliverable forwards (NDFs), swaps and options - and how they can be used, with clear worked examples - How foreign exchange prices are quoted; bid-offer spreads; pips - How foreign exposures are hedged - How banks and dealers cover their exposure in the market and make profits - A discussion of tools that are used to analyse the market, including technical analysis - Factors that influence foreign exchange prices on a daily basis including a detailed look at liquidity - How professional traders analyse markets and provide a blueprint for professional trading - How best to choose and manage the relationship with foreign exchange providers This is an indispensable guide for those who need to understand more about the commercial realities of currency trading and hedging, providing a clear and thorough explanation of the complete world of foreign exchange.

Read more less

'The Origin of Financial Crises' provides a compelling analysis of the forces behind the recent economic crisis. In a series of disarmingly simple arguments George Cooper challenges the core principles of today's economic orthodoxy, explaining why financial markets do not obey the efficient market principles but are instead inherently unstable and habitually crisis prone. First published in the summer of 2008 in the midst of the crisis, the author accurately pinpointed the fundamental problems in policy and economic theory that led to the banking crisis. Now updated to reflect the massive upheavals since then and providing even more forthright opinions, the book is essential reading for anyone looking to find the root cause of our current financial situation. The book describes the evolution of our modern monetary system, explaining along the way how financial instability emerged and why this instability required the development of central banking.Cooper makes the point that misguided faith in the power of free markets has led some central banks to neglect their core role of managing the financial system and instead caused them to pursue policies promoting a series of ever more violent boom-bust cycles. 'The Origin of Financial Crises' calls for a radical shift in central bank strategy, the abandonment of inflation targeting and a paradigm shift in our attitude to economic policy. The reader will also learn about the fundamentals of inflation and discover what policy makers can learn from the designers of the Eurofighter jet and how an obscure paper on steam engines, written in 1868, shows us how to avoid repeating recent monetary policy mistakes. Uniquely, 'The Origin of Financial Crises' presents tangible policy proposals aimed at helping break out of the seemingly endless procession of damaging boom-bust cycles.

Read more less

Small is beautiful - if you have an eye for an opportunity. While most big fund managers and private investors seek the apparent safety of the largest stocks, the best investment ideas can be found among nearly 2,000 smaller companies whose shares are quoted on the London Stock Exchange. This guide opens up a whole new world to investors, a world of solid companies that have found a profitable niche, ambitious start-ups with enormous growth potential and attractive takeover targets.However, the risks match the rewards and the unwary investors need to learn how to spot the pitfalls and which companies are small because they do not deserve to grow. The book is packed full of case studies demonstrating the successes, failures and potential of small companies. Each succinctly presents the lessons to be learnt from their experience. All investors looking to widen their portfolios will welcome this highly informative book covering an area of the stock market that is too often neglected by pundits, investors and the press.

Read more less

Jim Slater's classic text brought back into print Jim Slater makes available to the investor - whether the owner of only a few shares or an experienced investment manager with a large portfolio - the secrets of his success. Central to his strategy is "The Zulu Principle", the benefits of homing in on a relatively narrow area. Deftly blending anecdote and analysis, Jim Slater gives valuable selective criteria for buying dynamic growth shares, turnarounds, cyclicals, shells and leading shares. He also covers many other vitally relevant aspects of investment such as creative accounting, portfolio management, overseas markets and the investor's relationship with his or her broker. From "The Zulu Principle" you will learn exactly when to buy shares and, even more important, when to sell - in essence, how to to make 'extraordinary profits from ordinary shares'.

Read more less

Easy to use, and adopted by many successful traders over the years, William Dunnigan''s One-Way Formula for Trading in Stocks and Commodities is a robust and reliable mechanical approach to buy/sell decision-making in speculative markets. A rare example of a ''universal'' formula, this technique can be applied to almost any stock or commodity market, and requires little more than accurate line and bar charts.To understand the union of these two books, we have to understand the author''s ambition to develop a complete trading system which gave exact buy/sell signals for stocks or commodities, which was mechanical in all its applications, and which didn''t require the user to make any mental decisions.In New Blueprints for Gains in Stocks and Grains the author explores and introduces a full range of technical principles and lays the essential analytical groundwork for this universal formula.

Read more less

The proactive approach to the stock market - don't be a victim - there is something you can do about it. Swing trading is an approach to the stock market which is concerned less with value (a moveable feast as many have found out), and more with exploiting short-term upswings and downswings in share prices and market indices. Although the ranks of swing traders swell daily, not many traders know that there is a type of chart, a swing chart, which is designed specifically for swing trading. In this ground-breaking book, Marc Rivalland, author of "The Trader" column in "Investors Chronicle", shows how swing charts can be used to perfect market timing. Moreover, Marc reveals his hitherto secret modifications to Gann swing charts which make them even more effective for stock market traders. W. D. Gann said 'a study of swings in active stocks will convince a man that he can make far greater profits in swings than in any other way of trading'. With this book, you get Gann and more.In addition, Marc uses his two decades of experience with point & figure charts to bring to readers an up-to-date and thoroughly modern evaluation of the best point & figure signals to use when trading individual equities. Point & figure is enjoying an enormous resurgence. Readers of this book will discover new insights into this proven and popular 100 plus year old method of charting share prices. Marc reveals his proprietary method of integrating swing charts and point & figure charts to further increase the chances of success. There is a chapter on the vital RSI indicator and a chapter devoted solely to those more passively inclined - long-term buy-and-hold investors. In every case, the best trading tactics are discussed. Each technique is critically examined. The advantages are highlighted but the disadvantages are not glossed over. In all, the reader will receive a uniquely informative evaluation of the best, most disciplined way to approach the markets. The style of the book is highly practical. Over 100 colour charts of real-life trading situations are used to illustrate the points being made.The charts are carefully annotated, and accompanied by clear and thoughtful commentary. The exact point where buy and sell signals occurred is shown. "Marc Rivalland on Swing Trading" is the essential book for stock market investors and traders.

Read more less

Most people lose in the markets for one simple reason - they trade emotionally. Good trading is not a question of doing, it is a question of being. How do you trade?Trading is a life experience. It is not like any other business. The beauty of trading is that it becomes an expression of your own personality. The truth is, good traders don''t do, they simply are. And to become a good trader you have to create a model built around an approach that suits you. The Way to Trade will help you do just that.Find your own route to success.

Read more less

The Investment Trusts Handbook 2024 is the seventh edition of the highly regarded annual handbook for anyone interested in investment trusts – often referred to as the City’s best-kept secret, or the connoisseur’s choice among investment funds. It is expertly edited by well-known author and professional investor Jonathan Davis, founder and editor of the Money Makers newsletter and podcast. The Investment Trusts Handbook 2024 is an editorially independent educational publication, available through bookshops and extensively online. Described in the media as “truly the definitive guide to the sector”, more than 45,000 copies of the Handbook have been sold or downloaded since launch. With fascinating articles by more than 20 different authors, including analysts, fund managers and investment writers, plus more than 80 pages of detailed data and analysis, including performance figures, trust comings and goings and fund manager histories, the latest edition of the handbook is an indispensable companion for anyone looking to invest in the investment trust sector. Contributors this year include: John Baron, Alan Brierley, James Carthew, Richard Curling, Alex Davies, Simon Edelsten, Simon Elliott, Nick Greenwood, Peter Hewitt, Matt Hose, Max King, Ewan Lovett-Turner, Colette Ord, Peter Spiller, Richard Stone, Stuart Watson and many more. Topics in this year’s 280-page edition include: the impact of rising interest rates, tackling discounts, industry consolidation, the hunt for bargains, the role of boards, alternatives, VCTs, fundraising news, and the editor’s notes and model portfolios. The Investment Trusts Handbook 202 is supported by a number of organisations including abrdn, Asset Value Investors, Baillie Gifford, Columbia Threadneedle Investments, Fidelity International, Invesco, Ocean Dial Asset Management Ltd, Pantheon, Polar Capital, and Schroders.

Read more less

When planning for the future we often ask, "What will the economy be doing this time next year?" Or, "What will be different ten years from now?" But forecasting is hard. The important events that will shape the future are inherently unpredictable. Instead, we should be asking a different question: What will be the same ten years from now? What will be the same one hundred years from now? Knowledge of the things that never change is more useful, and more important, than an uncertain prediction of an unknowable future. In Same As Ever, bestselling author Morgan Housel shares 24 short stories about the ways that life, behaviour, and business will always be the same. Armed with this knowledge of the unchanging, you will have a powerful new ability to think about risk, opportunity, and how to navigate the uncertainty of the future. As you see familiar themes repeat again and again in the years ahead, you'll find yourself nodding and saying, "Yep, same as ever."

Read more less

Turbulence in crypto markets has left investors and potential investors terrified about the future of digital assets and decentralised finance. Valuations have collapsed, exchanges have bankrupted, and billions of dollars have been washed away. But is it really a crisis? Or is the immense promise and potential of this dynamic new asset class stronger than it's ever been? This isn't the first crypto boom and bust (likely not the last), and with every cycle exciting, emerging innovative opportunities rise to the surface and provide untapped potential for the informed investor. Investment and crypto expert Sam Volkering delves into the turmoil and unlocks the realities and potential of the still-emerging crypto opportunity. The Crypto Handbook is a must-have guide to the fundamentals of crypto and digital assets, covering topics such as exchanges, blockchain, NFTs, Web3, the metaverse and much more. Learn how to construct a robust crypto portfolio, how to secure and protect your crypto assets, how to put your crypto to work using decentralised finance, and how to spot and avoid threats and scams. This indispensable book reveals the latest thinking on the present and future of crypto, from some of the sector's leaders and innovators. Featuring interviews with: Luc Froehlich and Ben Brophy, Fidelity James Putra, TradeStation Dr. Jemma Green, Powerledger Hector McNeil, HANetf Lawrence Wintermeyer, GBBC Digital Finance By demystifying the complexities and confusion rife in the mainstream, The Crypto Handbook is a must-read for crypto newcomers and experienced investors alike. Readers will improve their ability to answer questions such as: What separates Bitcoin from the other 'altcoins' on the market? Can and should we trust crypto exchanges? What role do stablecoins play in the future of global finance? Is there any substance to the metaverse? What is blockchain, and how does it work? Are NFTs dead, or is another NFT boom around the corner? Is Web3 the future of the internet? And much more. Learn to master the crypto markets now with The Crypto Handbook.

Read more less