Search results for ""author harry"

This title features planning, constructing and managing a multi-asset portfolio. A multi-asset investment management approach provides diversification benefits, enhances risk-adjusted returns and enables a portfolio to be tailored to a wide range of investing objectives, whether these are generating returns or income, or matching liabilities. This book is divided into four parts that follow the four stages of the multi-asset investment management process: establishing objectives: defining the return objectives, risk objectives and investment constraints of a portfolio; setting an investment strategy: setting a plan to achieve investment objectives by thinking about long-term strategic asset allocation, combining asset classes and optimisation to derive the most efficient asset allocation; implementing a solution: turning the investment strategy into a portfolio using short-term tactical asset allocation, investment selection and risk management. This section includes examples of investment strategies; and, reviewing: evaluating the performance of a portfolio by examining results, risk, portfolio positioning and the economic environment.By dividing the multi-asset investment process into these well-defined stages, Yoram Lustig guides the reader through the various decisions that have to be made and actions that have to be taken. He builds carefully from defining investment objectives, formulating an investment strategy and the steps of selecting investments, leading to constructing and managing multi-asset portfolios. At each stage the considerations and strategies to be undertaken are detailed, and the description of the process is supported with relevant financial theory as well as practical, real-life examples. "Multi-asset Investing" is an essential handbook for the modern approach to investment portfolio management.

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The Operational Risk Handbook for Financial Companies is a groundbreaking new book. It seeks to apply for the first time a range of proven operational risk techniques from other industries and disciplines to the troubled territory of financial services. Operational risk expert Brian Barnier introduces a range of sophisticated, dependable and - crucially - approachable tools for risk evaluation, risk response and risk governance. He provides a more robust way of gaining a better picture of risks, shows how to build risk-return awareness into decision making, and how to fix (and not just report) risks. The practical importance of fully understanding and acting on risk to the business begins in the foreword on plan-B thinking, penned by Marshall Carter, chairman of the NYSE and deputy chairman of NYSE Euronext. The book is unique because: - It is not just about modeling and a few basic tools derived from regulatory requirements. Instead, it looks at management of risk to operations across industries, professional disciplines and history to help ops risk leaders become aware of the entire landscape of proven experience, not just their own conference room.- It is not just about compliance. Instead, it looks to operations as part of performance - managing risk to return for shareholders and other interests (e.g. guarantee funds). - It is not content to look at risk in stand-alone segments or silos; instead it takes a systems approach. - It is not just about ops risk leaders sharing war stories at a conference. Instead, it introduces a panel of six financial institution board members who get risk management and provide their perspectives throughout the book to encourage/demand more from ops risk to meet the needs of the institution in the world. - It is not a semi-random collection of tips and tricks. Instead, it is grounded in a risk-management process flow tailored to financial companies from a range of proven experience, providing tools to help at each step. Suitable for companies of all sizes, this book is of direct relevance and use to all business managers, practitioners, boards and senior executives. Key insights from and for each are built into every chapter, including unique contributions from board members of a range of companies.The Operational Risk Handbook for Financial Companies is an essential book for making better decisions at every level of a financial company; ones that measurably improve outcomes for boards, managers, employees and shareholders alike.

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Provides you with an essential platform for effective income investing by giving explanations of the concepts of interest rates, inflation and yield. This title also provides ideas on how to set-up and manage a portfolio along with example model portfolios for different risk appetites and age groups.

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H. Rochester Sneath no longer exists. And if you wished to put your son's name on the waiting list for Selhurst School, near Petworth, Sussex, you might have a little difficulty. It doesn't exist either. But, as this collection of Sneath's letters, and the replies, proves, you can fool most of the people most of the time. Particularly, it seems, if the people happen to be the head masters of those most English private institutions - public schools. In early 1948 Sneath began his brief and glorious career. Letters, like canes, mortarboards and jaundiced rugger balls, began to appear in headmasters' offices, whose occupants, with two notable exceptions, appeared to find nothing strange in Sneath's requests or his exhortations. Pompous, indignant, eccentric, pushing, toadying, or just plain dotty, the letters were answered with a seriousness which is barely credible.For he wrote of: - infestations of rats - the possibility of 'engineering' Royal visits - how to hire a private detective - junior masters with club feet and warty noses - ghosts, cricket, statues, new buildings, 'monster' reunions George Bernard Shaw was puzzled, Sir Giles Gilbert Scott was booked up, as was Sir Adrian Boult. Sir William Reid Dick was eager. After four or five letters the Master of Marlborough became exasperated, while the head master of St Benedict's was livid. A certain master displayed a cupidity not normally associated with men of the cloth; the new Master of Rugby was grateful for some wise advice; the head master of Stowe could not have been more helpful about sex. There was talk of Sneath succeeding the headmaster of Eton. One head master was so drawn to Sneath that he recommended Selhurst to a prospective parent, who promptly applied for a place on behalf of her son. His name was placed on 'the waiting list for the Waiting List'. Sneath's letters comprise a gentle and unmalicious, but devastatingly accurate parody of the public school system - a collection so intelligently absurd that it defies adequate description.

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Vietnam is the last significant opportunity for investors in Southeast Asia. But, as with any frontier market, that doesn't mean it's simple. Investing in this fast-growing and exciting country can be rather like the infamous experience of attempting to cross its busy streets. To get to the other side in one piece takes nerves and experience. Crossing the Street by Andy Ho is the answer. This is a candid, actionable guide to investing in Vietnam, written by an investor with almost two decades of experience in navigating the challenges involved - and seeing people safely across to the rewards. Today, Vietnam ranks among the fastest growing countries in the world. Much like China two decades before it, the country is experiencing rapid development. It has an increasingly affluent population of nearly 100 million. It is quickly transforming into a key manufacturing hub in Asia. And it is one of the few countries in the world whose economy has continued to grow despite the global pandemic. Investors from around the globe have taken note of the opportunities that abound in Vietnam's 'market-oriented socialist' economy. Thanks to Crossing the Street they can take advantage of them - without getting run over.

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Soul in the Game, is a book of inspiring stories and hard-won lessons on how to live a meaningful life, crafted by investor and writer Vitaliy Katsenelson. Drawing from the lives of classical composers, ancient Stoics, and contemporary thinkers, Katsenelson weaves together a tapestry of practical wisdom that has helped him overcome his greatest challenges: in work, family, identity, health-and in dealing with success, failure, and more. Part autobiography, part philosophy, part creativity manual, Soul in the Game, is a unique and vulnerable exploration of what works, and what doesn't, in the attempt to shape a fulfilling and happy life.

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Trading is a stressful occupation, with mental and emotional traps on every side. Our instincts drive us to self-destruction: holding plummeting stocks in the hope of a sudden recovery, or obsessing over the minute-to-minute movements of our holdings. What if there were a trader who knew how to avoid these traps, and could teach us to trade from a place of inner calm and peace of mind? Peter Castle has been a successful trader in financial markets for almost 30 years. He also happens to be a Zen monk. Peter’s unique perspective gives him unrivalled insight into how the wisdom of Zen can empower us to master our minds, and so achieve success in the markets. Many guides to using Zen avoid clear prescriptions and rely instead on cryptic quotes. In The Zen Trader, Peter demystifies both trading and Zen, using decades of experience, sharing dozens of real-life examples, and explaining clearly the systems that enable mastery of both disciplines. He teaches us how to limit distraction, focus attention, detach from problematic emotions, be true to ourselves, and embrace the unlimited opportunities that exist in our professional and personal lives. Following Peter’s wisdom, you too can become a Zen Trader.

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Michael Covel's Trend Following podcast has delivered millions of listens across 80+ countries for over a decade. On the podcast, Michael invites you to take a seat next to him as he interviews the world's top traders. Encouraged by Michael's skilled and knowledgeable questions, legendary guests reveal the best of their wisdom, strategies, guidance, and trading stories. It is the ultimate mentorship circle serving one goal: To give everyone the chance to learn how to profit in the markets. This first volume of Trend Following Masters features Michael's conversations with great trend following traders, including: Bill Dreiss, Harold de Boer, Jerry Parker, Tom Basso, Larry Hite, Martin Bergin, Niels Kaastrup-Larsen, Eric Crittenden, Donald Wieczorek, and Robert Carver. If you aspire to be a Trend Following Master, this collection of amazing interviews is an essential addition to your trading library.

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Best Loser Wins is an intimate insight into one of the most prolific high-stake retail traders in the world. Tom Hougaard is the winner of multiple trading competitions and on one occasion traded £25,000 into more than £1 million over the course of a year. While the average retail trader risks £10 per point in the underlying asset, Tom Hougaard frequently risks up to £3,500 per point. This risk exposure requires a mindset that is out of the ordinary. Normal thinking leads to normal results. For exceptional results, traders must think differently. This book will guide and inspire you in ways no other trading book has. It is not about strategies and money management. It is about mind management. Tom Hougaard provides a unique and refreshingly personal account of how an ordinary trader elevated his game to incredible heights by focusing as much on his mental approach as on his technical analysis. Best Loser Wins explains how you, by thinking differently when you are trading, can elevate your game from mediocre and sporadic, to excellent and consistent. No amount of technical analysis will ever do that for you. Tom Hougaard says, “People don’t fail because they don’t know enough about technical analysis. They fail because they don’t understand what the markets are doing to their minds.” Best Loser Wins is an antidote to conventional and flawed thinking in trading, and a blueprint for a new belief system for traders who want to elevate their results to levels they never dreamed they could reach.

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Trend Following Mindset brings to life the timeless conversations between Tom Basso and Michael Covel originally featured on Michael's renowned Trend Following podcast. In these profound and enlightening exchanges, Tom shares with Michael his deep wisdom on trading, business, life, and the how and why of his mindset. Tom Basso, dubbed Mr. Serenity by Jack Schwager, is one of the most experienced and knowledgeable trend-following traders in the world today-a trading legend who lives life to the fullest. Tom's most important trend following research papers are presented together for the first time, delivering a treasure trove of trading insights. Michael also pulls from Tom his perspective on: How to get started in trading; What trend following is, and how and why it works so well; Constructing your trading system; Position sizing and account management; The work-life balance of a trader; The transition from independent trader to professional money manager; and so much more. Trend Following Mindset will teach you the mindset of one of the great trend followers. Most important of all, it will show you how to do as Tom does ... and enjoy the ride.

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When faced with new challenges, it’s easy to feel our solutions need to be equally unprecedented. We think we need a revolution. But what if this is a big mistake? In Evolutionary Ideas, Sam Tatam shows how behavioural science and evolutionary psychology can help us solve tomorrow’s challenges, not by divining something the world has never seen, but by borrowing from yesterday’s solutions – often in the most unexpected ways. Just as millions of years of evolution have helped craft the wing and dorsal fin, thousands of engineers, designers, marketers and advertisers have toiled to solve many of the problems you face today. Over time, through intent, design, social learning and sheer luck, we have found what works. Armed with an enhanced ability to see these patterns in human innovation, we can now systematically approach the creative process to develop more effective ideas more readily and rapidly. Just as Japanese engineers reduced bullet train noise by studying the evolved biology of the owl and kingfisher, today we can see how Disney improved the queueing experience in the same way Houston airport made arrivals feel faster (while making people walk further). We’ll learn how the chocolate at the bottom of a Cornetto ice cream can improve an Error 404 message, and what a bowl of M&Ms has in common with a canary in a coal mine. These are Evolutionary Ideas. Exploring five of the most critical challenges we face today, we learn how to ‘breed’ more effective solutions from those that have survived. The result is a dynamic and exciting way of solving problems and supercharging creativity – for anyone in any endeavour.

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An initial public offering (IPO) - the occasion when a firm's shares are issued to the public for the first time - is one of the most exciting events in the life of a company, providing new opportunities for the business, its managers and for investors. IPOs attract a lot of attention from stock market researchers, academics and investors seeking to understand more about how they work and how the shares of IPO companies perform once they are listed. In this second edition of Initial Public Offerings, Arif Khurshed delves into the history of IPOs on the London Stock Exchange, explains the mechanics of how IPOs are arranged and how they are priced, and provides an analysis - with detailed but lucid reference to past academic studies - of how the shares of IPO companies perform in the short and long term. The book provides valuable insight into many fundamental IPO matters, including: - the different methods of flotation that are used - the alternative ways in which IPO shares are priced - how common it is for IPO shares to over or underperform - the survival of IPO firms once they are listed. There are also detailed case studies of the short- and long-run performance of a number of high-profile IPOs, including those of Facebook, Alibaba and Royal Mail. If you are an academic, finance professional or serious investor looking to broaden your knowledge of stock market flotations then you will find Initial Public Offerings to be an indispensable guide.

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In The Smart Money Method, the stock-picking techniques used by top industry professionals are laid bare for investors. This is the inside track on how top hedge funds pick stocks and build portfolios to make outsize returns. Stephen Clapham is a retired hedge fund partner who now trains stock analysts at some of the world's largest and most successful institutional investors. He explains step-by-step his research process for picking stocks and testing their market-beating potential. His methodology provides the tools and techniques to research new stock ideas, as well as maintain and eventually sell an investment. From testing your thesis and making investment decisions, to managing your portfolio and deciding when to buy and sell, The Smart Money Method covers everything you need to know to avoid common pitfalls and invest with confidence. Unique insight is presented in several specific areas, including how to: * Find stock ideas * Assess the quality of any business * Judge management's ability * Identify shady accounting and avoid dying companies * Value any business to find bargain shares * Navigate the consequences of COVID-19 And throughout, there are real-life investing examples and war stories from a 25-year career in stock markets. The message is clear - you can beat the market. To do so, you need to learn and apply the insider secrets contained within this book.

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The Student Edition of the inside story of private equity dealmaking.Over the last 40 years, LBO fund managers have demonstrated that they are good at making money for themselves and their investors. But when one looks beneath the surface of the transactions they engineer, it is apparent that these deals can, at times, go spectacularly wrong.Through 14 business stories, all emanating from the noughties' credit bubble and including headline-grabbing names like Caesars, Debenhams, EMI, Hertz, Seat Pagine Gialle and TXU, The Debt Trap shows how, via controversial practices like quick flips, repeat dividend recaps, heavy cost-cutting and asset-stripping, leveraged buyouts changed, for better or for worse, the way private companies are financed and managed today.From technological disruption in the worlds of music recording and business-directory publishing to economic turbulence in the gambling, real estate and energy sectors, highly levered corporations are often incapable of handling market corrections when debt commitments start piling up. Behind the historical events and the financial empires erected by some of the elite private equity specialists, these 14 in-depth case studies examine how value-maximising techniques and a short-cut mentality can impact investment returns and portfolio assets.Whether you are a PE practitioner, investor, business manager, academic or business student, you will find The Debt Trap to be an authoritative and fascinating account.

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THE EXPANDED SECOND EDITION OF THE ACCLAIMED ''MONEY, BLOOD AND REVOLUTION''Economics is a broken science, living in a kind of Alice in Wonderland state believing in multiple inconsistent things at the same time. Prior to the financial crisis, mainstream economics argued simultaneously for small government on taxation, regulation and spending, but big government on monetary policy. After the financial crisis, economics is now arguing for more government spending and for less government spending.The premise of this book is that the internal inconsistencies between economic theories - the apparently unresolvable debates between leading economists and the incoherent policies of our governments - are symptomatic of economics being in a crisis. Specifically, in a scientific crisis. The good news is that, thanks to the work of scientist and philosopher Thomas Kuhn, we know what needs to be done to fix a scientific crisis. Moreover, there are two scientists in parti

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How To Pick Quality Shares provides a sophisticated three-step process for analysing company financial information to find good investments. The three steps boil down to finding quality companies, avoiding dangerous or risky companies, and not paying too much for companies' shares. Applying the in-depth techniques described here will give investors a better understanding of companies, and an edge over other investors, including professional investors and analysts.Phil Oakley, an experienced investment analyst and private investor, guides the reader step-by-step through these three stages:1. For the first step, he shows how to identify the kind of high-quality companies that are capable of being profitable investments over the long term. Important themes are how much a company earns on the money it invests, reliable measures of profit and the importance of cash flow.2. Next, he shows how to spot the dangers and risks that could lead to a company being a bad investment. Here the focus is on how to analyse debt, in particular hidden debt and pension fund deficits.3.Lastly, he shows show how to value a company's shares and determine what is a reasonable price to pay to invest in that company. Phil shows why some common shortcuts to valuing shares are not very useful and how to use cash profits to value shares more reliably.At each stage, Phil explains where the investor needs to look in company financial statements to get the information they need and how to analyse this information. Illustrative examples of analysis of real company financial statements are used throughout. If you have a company's latest annual report and its current share price you have all the information you need to be a successful investor. How To Pick Quality Shares shows you how.

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The English language edition of the successful French publication.The Ichimoku Kinko Hyo trading indicator is an information-rich and extremely reliable tool that can be employed across all time frames. Once you have learned the subtleties of the method and understand its unique system of validating price movements, it will improve your trading.Trading with Ichimoku is a practical handbook explaining the different elements of the Ichimoku system of chart reading, from the description of each of its five lines to their interpretation within a wider process of trading analysis.You will rapidly conclude that even though there are only five lines to look at on Ichimoku charts, the information given is more than enough to achieve a detailed and broad view of market and what the price action reveals.Part 1 is devoted to the theoretical description of the various components making up Ichimoku.Part 2 explains how to trade with Ichimoku Kinko Hyo through several examples in various time frames.Part 3 introduces trading methods that combine classical trading tools with Ichimoku Kinko Hyo.Explanations and examples are illustrated throughout with detailed colour charts.Whether you are a beginner or an accomplished trader, you should add a knowledge of Ichimoku to your armoury to improve your analysis and your results. Reviews from French readers:"I highly recommend this book for anyone who wants to learn to use Ichimoku."Clear explanations and especially great tips on how to trade."Very informative book with clear and precise examples."Good balance between the theory, analysis and trading."

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You run a small business and you want to get ahead of the competition, but how can you give resources to marketing when you're short on time and the budget is tight? This book is packed with 395 tried-and-tested ways to market your business in 5 minutes or less.

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The rapid growth of our digital world has brought huge advantages - access to information anywhere, at any time, and the ability to communicate with colleagues, family and friends around the globe in real-time.But in other ways, the same technology has also disconnected us. Computers risk becoming less of a productivity tool and more like information firehoses, drowning us in a deluge of data that can keep us from doing meaningful, real work. The devices in our hands connect us like never before, but they vie for our attention to the point where they are beginning to disconnect us from the real world.In this book, Dave Coplin, Chief Envisioning Officer at Microsoft UK, argues that right now it feels like the machines are taking over but if we stop thinking about the digital deluge as a problem and instead see it as an incredible opportunity we will be able to redress the balance. Technology offers our society so much but it is up to us, the humans, to rise to that po

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A simple, quick and effective approach to quantitative fundamental analysisThe Lazy Fundamental Analyst presents a collection of strategies based on the application of quantitative analysis to fundamentals-based investing. It will appeal to anyone looking for simple, effective and low-risk investing strategies.The strategies are organised by ten business sectors: Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care, Industrials, Information Technology, Materials, Telecommunication Service and Utilities. For each sector a strategy is proposed for large capitalisations (companies in the S&P 500 Index) and another is given for small capitalisations (companies in the Russell 2000 index).For each sector, and each strategy, Fred Piard explains how to follow his ''lazy'' approach to choose stocks by using only a couple of financial ratios. The strategies eschew detailed due diligence of companies and markets - instead they rely on applying quant

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In The Law of Vibration Tony Plummer presents a new theory which he argues is revealing of a fundamental truth about the deep-structure of the universe. The Law is embodied in a very specific pattern of oscillation that accompanies change and evolution. It can be found in fluctuations in stock markets and in economic activity.The research here suggests that the pattern was known about in antiquity because it was buried in a short passage in St Matthew''s Gospel in the Bible. It also suggests that it was known about in the early part of the 20th century because it was concealed in the structure of books written by the renowned stock market trader, William D. Gann, and by the mindfulness exponent, George Gurdjieff. Both men chose to preserve their knowledge of the pattern in a hidden form for some unknown future purpose.Now, after 20 years of investigation, Tony Plummer tells the story of how the pattern was originally hidden. Drawing on painstaking research on

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The Sterling Bonds and Fixed Income Handbook aims to fill the knowledge gap for sterling-base investors and their advisors. Whilst investors in the equity markets can rely on numerous resources to select stocks and build portfolios, there is little information available for those who wish to buy bonds. This book takes the reader through the key features of gilts and sterling corporate bonds and offers a practical guide to putting money to work in this important and profitable asset class.

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Owning an investment fund is the easiest and most convenient way for investors to put their money to work in the world''s financial markets. Yet only a handful of people really seem to understand how to make the most of the opportunity that funds offer. Too many pick the wrong fund in the wrong market at the wrong time - a sure-fire recipe for disappointment.In this important new book, an award-winning manager at one of the UK''s best fund management firms explains in simple language what it takes to buy and sell investment funds successfully - and how to avoid the common mistakes that so often condemn fund investors to poor results.John Chatfeild-Roberts, head of the fund of funds team at Jupiter Asset Management, is responsible for sifting through the thousands of funds that are open to UK investors and hand-picking the best 10 - 15 for his clients'' portfolios. The Jupiter Merlin range of funds has won a string of industry awards for their consistent performance.<

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There are secret ways of seeing the world of finance that every investor should know.Overlooked things that tip the balance from failure to success.Hidden truths that make the critical difference between understanding the world and being dangerously naive.And surprising realities that determine whether or not you and your family are on the path to generational wealth.In You Weren’t Supposed to See That, Downtown Josh Brown—the original Wall Street blogger, star of CNBC’s Halftime Report, and manager of billions of dollars as CEO of Ritholtz Wealth Management—collects and shares the most important of these secrets.Drawing on 15 years of The Reformed Broker, the most-read financial blog in the world, Josh revisits, updates, and expands on the best of his wildly popular writing. As he does so, he helps you to discover all the most important, surprising, and sometimes painfully true secret

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A practical guide to the straightforward and winning strategies of successful tradersTrading is best kept simple and focused - that is the way to win. The most successful traders will tell you that they use only a small number of strategies, applying them time after time. A common mistake of losing traders, however, is to overly complicate what they do, using many different strategies at one time, or leading a never-ending search for new strategies.In 7 Simple Strategies of Highly Effective Traders, Alpesh Patel and Paresh Kiri provide a practical guide to seven technical analysis trading approaches that are simple, effective and easy to put into practice. These are the kind of strategies professional traders use to manage their trading. Throughout, readers will benefit from the trading insight and expert chart commentary of two vastly experienced traders.Included are strategies for breakout with volume, event trading, mean reversion, moving averages, short-t

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How did we conclude that the best way to prepare kids for the future is to cluster them into classrooms by age and grade, forcing them to learn the same things, at the same time and pace, seven hours a day, five days a week, for twelve years? We trust the school system to prepare our kids for the future. We get excited when they get good grades, or disappointed if they don't. But we rarely stop to question whether school is teaching our children the right things in the right way. Kids could get good at playing the game of school, but are they really learning? Teacher-turned-edupreneur Ana Lorena Fabrega, known by her students as Ms. Fab, invites us to rethink education. In The Learning Game, she reveals how traditional schooling has gone wrong, and proposes a series of actionable strategies to help kids learn. What if we guide kids to think for themselves? Should we encourage kids to take risks and tackle projects of their own? How do we help kids learn to love learning? Answering these questions and many more, The Learning Game will arm you with practical tools to design a new approach to learning-one that leaves behind the game of school and prepares your kids for the game of life.

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Richard H. Lawrence, Jr. founded Overlook Investments in Hong Kong in 1991. Since inception, Overlook has grown at 14.3% per year for three decades—a remarkable record of growth that is testament to a consistent ability to find and invest in Asia’s best companies. This raises two important questions: How did Overlook achieve its success; and how can Overlook best ensure future success? Now, in a level of detail never before disclosed, Richard and the Overlook executive team turn the lens inward to analyse The Overlook Model. They describe the philosophies, practices and people that drive Overlook’s outperformance. Welcome to The Model . The Model is composed primarily of stories—of the people, companies, executives and events that have punctuated three decades at Overlook. There are stories of success, but also stories of problems and failure. This is how Overlook learned and grew. The two principal stories are a pulsating case study of the voracious 1997/98 Asian Crisis; and an extended review of TSMC, Asia’s finest public company. A sharp focus is also placed on the constituent elements of The Overlook Model: Overlook’s Investment Philosophy and Business Practices, which add up to Overlook’s Margin of Safety. This analysis of investment theory–how an investment management company should be run–illustrates how Overlook is able to say with confidence that it can nearly guarantee delivery of outperformance to its investors. And where would Overlook be without China? Overlook’s experiences in Asia reflect the ways that Overlook’s methods of investing have succeeded while Asia grew and matured over the past three decades. For this reason, The Model contains a series of chapters charting Overlook’s path in China. Finally, the Overlook executives provide a series of delightful chapters including The Art of Selling; an interview with Jeffrey Lu Minfang; a panel discussion on Overlook’s home city of Hong Kong; and thoughts on ESG. The Model is a celebration of three decades of success in investing in Asia. It gives Richard Lawrence, along with James Squire, Leonie Foong and William Leung, the opportunity to answer: Just how did Overlook do it; and can Overlook keep doing it in the future?

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In Designing Stock Market Trading Systems Bruce Vanstone and Tobias Hahn guide you through their tried and tested methodology for building rule-based stock market trading systems using both fundamental and technical data. This book shows the steps required to design and test a trading system until a trading edge is found, how to use artificial neural networks and soft computing to discover an edge and exploit it fully.Learn how to build trading systems with greater insight and dependability than ever beforeMost trading systems today fail to incorporate data from existing research into their operation. This is where Vanstone and Hahn''s methodology is unique. Designed to integrate the best of past research on the workings of financial markets into the building of new trading systems, this synthesis helps produce stock market trading systems with unrivalled depth and accuracy.This book therefore includes a detailed review of key academic research, showing how t

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This book deals with the issue of problematic market price prediction in the context of crowd behaviour affected by the psychology of the masses. It highlights the contrast between a phenomenon of mass psychology and the efficient market hypothesis, which is essentially based on a common economic theory. The basic assumption is that if there is a model of interaction between masses and agents participating in markets, then there also exist means for prediction of the whole market's behaviour, though nevertheless the behaviour of every single agent is not predictable. From a practical point of view, this book describes technical analysis methods used to predict price movements, and discusses a soft computing approach used in a composition of automated trading systems. This book brings alternative, soft computing computational models to trading strategies and innovatively combines two different areas of science - artificial intelligence and technical analysis. One of the main benefits of this book is a demonstration that the soft computing approach in a combination with the "soft" social sciences accounts more reliable results than the conventional mathematical models.This book is for anyone interested in trading, financial markets and security exchanges, as well as for those who have theoretical or practical knowledge from the fields of artificial intelligence and soft computing, and want to know how these topics can be applied in financial markets.

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When we deal in the financial markets are we investing, speculating or gambling? Does it really matter what we call it? As this book shows, the world of finance is not an easily defined game. Simple labels, such as gambling and speculation, won't help us grasp the underlying forces that drive the markets. It's far more important to understand the behaviour and biases of the players - their actions and motivations are the vital components that drive everything; bubbles, crashes, huge fortunes, reckless borrowing and complex instruments and strategies, all flow from this simple fact. And the markets are not just an external object, to be studied dispassionately under a microscope. How we act within our inner self, and apply our own set of risk and reward values to the seeming chaos of the market, is absolutely crucial. Clearly whatever games that are going on in the market are also going on inside our heads. In this fully updated and revised edition, Gerald Ashley gets to the heart of the financial markets.He draws on a wealth of revealing and instructive market insights, stories and anecdotes, challenges all the tired cliches about speculation, and slaughters many of the outdated sacred cows of finance. The book ranges across all the major asset classes, looks at past masters of the art, examines modern thinking on finance and risk, and assesses the value of experts, economists, chartists, market gurus and analysts. Simple examples are used to explain how the basic tools of finance fit together and how to profit in this often complex and unforgiving landscape.

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Over the last few years, the world of betting has changed dramatically thanks to the convergence of betting on sporting events and the trading of financial markets. A new type of betting has emerged which has become the fastest growing area of betting today - binary bets. John Piper's 'Binary Betting' is the definitive guide to getting started with binary betting. Now he has written a second book for more experienced traders that takes binary betting to a new level. 'Binary Trading' assumes that you already know the basics and will show you in detail how and why: - you need never use a stop again - you can get the market totally wrong and still make money - you can look forward to news items and trade them with impunity Whatever your current trading strategy, you should consider how binaries could fit into your trading plan and make you money. This detailed and comprehensive book from an experienced trader will tell you just that whilst giving an inside look at the exciting world of binary bets.

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This book is about arming you with one simple tool that will enhance your investment decision-making process - the chart. It is not the Holy Grail and even if applied exactly as offered there is no guarantee that you will be successful. But owning a high quality hammer is no guarantee that the user will build a beautiful house. The hammer is a tool and in most cases the user will still need other tools - and knowledge - to build that house.Despite its enormous and still growing popularity, technical market analysis still gets a bad rap. Purveyors of this art have been called tealeaf readers and many similar names, but that has nothing to do with what technical analysis is attempting to do. If we strip away all the fancy indicators and obtuse jargon, what is left are time-tested methods of finding investment opportunities and assessing their risk. There is no fortune telling here; only figuring out what we can do about the market. And what we do is the only part of the market

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Who is the most successful investment manager in Britain? Arguments could rage forever, but no professional would dispute that Anthony Bolton of Fidelity is among the very best. 1,000 invested in his Special Situations fund at its launch in 1979 was worth more than 125,000 twenty seven years later. No other mainstream UK fund manager has put together such a consistently impressive performance over such a long period.The 125-fold increase represents an average compound growth rate of more than 20% per annum, or 7% per annum greater than the FTSE All-Share Index over the same period. This track record of sustained outperformance stands comparison with that of the greatest American investment superstars such as Warren Buffett and Peter Lynch. For many years, until the fund was voluntarily split in 2006, Fidelity Special Situations was easily the largest and most popular fund in the UK.What are the secrets of Anthony Bolton''s success? This important book, now fully revi

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Let's Go! empowers executives and leaders to elevate their game, better understand themselves and their world, and live to their fullest potential.

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When it comes to investing, the most important message for women is to start. Inspirational Investing is an empowering read that enables you to reflect on your own finances and plan ahead for those moments that matter. Many women doubt their own investing ability, but this book shows you why it is critical to plan for a better future, with inspiration from leading industry experts. Learn from some of the most successful women in finance as they share practical advice, combined with real-life journeys from people who have achieved investment success. Packed with insight and inspiration, this book features the true stories of women who have invested their way to financial freedom. In this edition, learn why and how to plan for a better future using pensions, investment trusts, cryptocurrency, ESG investing, alternative investments and much more. Amanda Taylor interviews leading women from the world of investment and asks: What is the impact of rising living costs? When is the best time for women to start investing? How can your health affect your money? How can you make sure your money is being invested in alignment with your values? What psychological biases affect how well you invest? Inspirational Investing is supported by a number of organisations including Allianz Global Investors, Baillie Gifford and Master Investor. Foreword by Rosie Carr, Editor, Investors' Chronicle.

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Michael Covel's Trend Following podcast has delivered millions of listens across 80+ countries for over a decade. On the podcast, Michael invites you to take a seat next to him as he interviews the world's top experts in investor psychology. Encouraged by Michael's skilled and knowledgeable questions, legendary guests reveal the best of their wisdom, guidance, and ideas to help you manage your trading mindset. It is the ultimate mentorship circle serving one goal: To give everyone the chance to learn how to profit in the markets. This second volume of Trend Following Masters features Michael's conversations with great psychologists and behavioral scientists, including: Annie Duke, Alexander Elder, Van Tharp, Denise Shull, Daniel Crosby, Daniel Kahneman, Charles Faulkner, Gerd Gigerenzer, Brett Steenbarger, Philip Tetlock, K. Anders Ericsson, Alison Gopnik. If you aspire to be a Trend Following Masters, this collection of insightful interviews is an essential addition to your trading library.

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Max Gunther's lost classic, now in a new Classics edition. Some people think you're either born lucky or not. But what if you could actively get lucky? As Max Gunther shows in this page-turning classic, some people really are luckier than others - and not by accident. Lucky people arrange their lives in characteristic patterns. They tend to position themselves in the path of onrushing luck; they tend to go where events are moving fastest and where they can find their lucky break Lucky people take risks but not silly ones. They stick with a cause, a job, or a partner, but not when all hope is lost. In short, they move with life, not against it. This book gives you 13 different techniques by which you can discover and take advantage of life's good breaks, while minimising the effects of its bad ones.

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Bob Pisani is Senior Markets Correspondent for CNBC and has spent the past 25 years on the floor of the New York Stock Exchange. He has been on the front line of finance for all the major events of the last quarter century, including the Asian Financial Crisis, the dot-com bubble and collapse, the terrorist attacks of 9/11, and the Great Financial Crisis. What was it like to witness these events firsthand, at the center of the financial world? In Shut Up and Keep Talking, Bob tells a series of captivating stories that reveal what he has learned about life and investing. These include encounters with a host of stars, world leaders and CEOs, including Fidel Castro, Robert Downey Jr., Walter Cronkite, Aretha Franklin, Barry Manilow, Jack Ma, Joey Ramone, and many more. Along the way, Bob describes how the investment world has changed, from brokers shouting on the floor of the NYSE to fully electronic trading, from investment sages and superstars picking stocks for exorbitant fees to the phenomenal rise of low-cost index funds that are saving investors millions, and from the belief that investors make rational decisions to the new age of behavioral finance, which recognizes the often-irrational nature of human decision making and seeks to understand its role in the stock market. Bob also considers what really moves stocks up and down and tackles the big questions: why is stock picking so hard, and why is the future so unknowable? Don't miss this highly entertaining and revealing account of how financial markets have changed, and how they really work, from someone who was there.

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The world of investing normally sees experts telling us the "right" way to manage our money. How often do these experts pull back the curtain and tell us how they invest their own money? Never. How I Invest My Money changes that. In this unprecedented collection, 25 financial experts share how they navigate markets with their own capital. In this honest rendering of how they invest, save, spend, give, and borrow, this group of portfolio managers, financial advisors, venture capitalists and other experts detail the "how" and the "why" of their investments. They share stories about their childhood, their families, the struggles they face and the aspirations they hold. Sometimes raw, always revealing, these stories detail the indelible relationship between our money and our values. Taken as a whole, these essays powerfully demonstrate that there is no single "right" way to save, spend, and invest. We see a kaleidoscope of perspectives on stocks, bonds, real assets, funds, charity, and other means of achieving the life one desires. With engaging illustrations throughout by Carl Richards, How I Invest My Money inspires readers to think creatively about their financial decisions and how money figures in the broader quest for a contented life.

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As the founder of financial futures and initiator of Globex, the world's first global electronic trading system, Leo Melamed revolutionized the finance industry. Man of the Futures, his definitive memoir, recounts Melamed's journey from Holocaust survivor and accidental runner at the Chicago Mercantile Exchange (CME), to one of the most prominent leaders in the world of finance. At 33, Melamed gave up a promising law career to pursue his dream of becoming a full-time pit-trader at the CME. He quickly ascended the ranks to become chairman. From there, he set out to disrupt the status quo and ultimately transform both the exchange itself and the broader finance industry. Through daring to embrace innovative ideas many considered absurd, Melamed was a pioneer, continually fighting for modernisation in the financial markets through diversification and the introduction of new technologies. Covering the internal battles waged within the CME, the launch of the International Monetary Market (IMM) and the rise of Globex, this enthralling autobiography details the struggles, scandals and triumphs of a visionary in his field. Together with behind-the-scenes reminiscences about the financial markets, this narrative delves into Melamed's philanthropic work at the US Holocaust Memorial Museum, as well as his fascinating dealings with political figures at home in Chicago, at the White House, and around the world in China, Japan, Singapore, Great Britain, Russia, South Korea, and Brazil. . Man of the Futures offers exclusive access to the rationale behind some of the biggest financial decisions and dealings in the late 20th and early 21st century. Join Leo Melamed for this fascinating and revealing story of a life lived in pursuit of the future.

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Russell Rhoads is one of America’s leading experts on VIX, the Volatility Index. In The VIX Trader’s Handbook he takes a deep dive into all things associated with volatility indexes and related trading vehicles. The handbook begins with an explanation of what VIX is, how it is calculated, and why it behaves the way it does in various market environments. It also explains the various methods of getting exposure to volatility through listed markets. The focus then moves on to demonstrate how traders take advantage of various scenarios using futures, options, or ETPs linked to the performance of VIX. Finally, a comprehensive review is presented of volatility events that shook the markets, including the 1987 crash, Great Financial Crisis, 2010 flash crash, and the 2020 pandemic. By understanding how VIX behaved leading up to these market shocks, and reacted afterwards, traders can better equip themselves ahead of future events. A wide variety of strategies that are implemented in both bearish and bullish equity markets are introduced and covered extensively throughout. The VIX Trader’s Handbook is essential reading for all those who are intending to trade volatility—from those who wish to gain an understanding of how VIX and the related trading products behave, to those intending to hedge equity exposure or take advantage of the persistent overpricing of option volatility. You won’t want to trade volatility without it.

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The derivatives market is enormous - standing at over $500 trillion globally. Warren Buffett called them "financial weapons of mass destruction". They nearly brought about the collapse of the Western financial system in 2008. They are opaque and often misunderstood. They are also immensely powerful and useful tools in the hands of responsible investors - and key to defending money from volatility and the unexpected. In this accessible and entertaining book, veteran fund manager Stewart Cowley explains with his trademark wit and clarity: - what derivatives are - how you can alter the characteristics of a portfolio using derivatives - how you can protect a portfolio using derivatives - how you can increase the returns to a portfolio using derivatives. Supported by simple spreadsheet examples and illustrations, Cowley on Derivatives is perfect for anyone who wants to quickly get a practical grasp of this colossal financial market.

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For most of the past 50 years the simplest investment solution was often the best. A balanced portfolio of stocks and bonds, combined with a traditional pension, provided most investors with a comfortable retirement. Unfortunately, this approach is no longer likely to work. Retirement is longer, private company pensions are a thing of the past, and world economies look set for years of low growth. Investment advisors need a new plan and a new approach to help their clients organise their investments. Asset allocation is the art of combining different investments to build a portfolio aligned with the investor's objectives and respectful of your limitations. More than picking the right stock or owning a particular bond, the allocation to these assets is the ultimate driver of investment returns. Despite the importance of asset allocation, there is little agreement on how to do it. BlackRock's Russ Koesterich addresses this problem by providing a practical, step-by-step approach to building a portfolio consistent with the investor's investment goals. Starting with setting objectives, he covers all parts of the process, including assessing risk tolerance, defining a set of assets, generating return assumptions and combining the assets in a risk-controlled manner.

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This is the inside story of private equity dealmaking.Over the last 40 years, LBO fund managers have demonstrated that they are good at making money for themselves and their investors. But when one looks beneath the surface of the transactions they engineer, it is apparent that these deals can, at times, go spectacularly wrong.Through 14 business stories, all emanating from the noughties'' credit bubble and including headline-grabbing names like Caesars, Debenhams, EMI, Hertz, Seat Pagine Gialle and TXU, The Debt Trap shows how, via controversial practices like quick flips, repeat dividend recaps, heavy cost-cutting and asset-stripping, leveraged buyouts changed, for better or for worse, the way private companies are financed and managed today.From technological disruption in the worlds of music recording and business-directory publishing to economic turbulence in the gambling, real estate and energy sectors, highly levered corporations are often incapable of

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