Search results for ""portfolio""

A proven capital expenditure method to sustainably increase cash flow by 20-100% through a systems-thinking approach to capex decisions, replacing today’s piecemeal decision-making. A packaging company consolidates three aging production sites into a state-of-the-art facility, dramatically reducing water consumption and emissions while leading industry competitiveness. A company in a declining market sets long-term plans for expanding production. A steel company upgrades its production system while decreasing its carbon footprint. What do these stories have in common? Each company made its capital expenditure—“capex”—decisions based on the advice of authors Fredrik Weissenrieder and Daniel Lindén on how and where to invest their budget. Now, these experts share all their secrets in Redesigning CapEx Strategy. This groundbreaking guide provides a new approach you can use to vastly improve your capex decisions—and dramatically increase organizational cash flow. It’s all about focusing on more sustainable operations and processes from a enterprise portfolio perspective. The authors have proven time after time that competitiveness and sustainability—financially and environmentally—go hand in hand. Whether you’re a business executive, board member, consultant, or in any other way involved in critical capex decisions, Redesigning CapEx Strategy shows how to get the absolute best return on your production system investments.

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Our cities are atrophying: What was once an open system inhabitable by all and that was about freedom and self-determination is becoming a zone in which architecture focuses only on comfort and security: a walk-in investment portfolio of luxury properties, offices and token patches of green. The masses, meanwhile, continue to live in the endless housing developments of the suburbs. Accommodation is characterised by a mania for barricades and comfort. The construction industry is booming – and builds the same houses over and over again. But do those buildings have anything to do with the way in which most people want to live today, considering dramatic demographic, technological and social change? Where does the dream of the detached house come from? Which ideal form of living are we taught by children’s books, lifestyle magazines and DIY shops? Who benefits from us living the way we live? Niklas Maak shows how the interests of the construction industry, overextended policies mired in regulations and the habits of planners prevent us from rethinking construction, living arrangements and the city. This humorous, controversial and very well researched book is a precise economic analysis of the architectural world, a brilliant cultural history of living arrangements and a political manifesto for a new kind of architecture.

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Business analysis is a key discipline within business transformation projects. Too often business changes are introduced without such analysis, leading to failed projects, wasted investment and unnecessary business disruption. Effective business analysis enables greater project success, informed investment and beneficial business outcomes. Business Analysis describes the entire landscape for successful business change, explaining the range of services offered by business analysts, the lifecycles and approaches that may be applied, and the techniques that aid analytical thinking, visualisation and modelling. The new edition of this bestseller has been updated extensively to ensure that the guidance offered is highly practical and encompasses the latest developments within the business analysis profession. This is a seminal text for business analysts, helping them to develop their understanding and skills and enabling them to develop their business analysis careers. It is also a key text for anyone working in organisations, whether driving change initiatives or enabling successful change outcomes. This book is: A practical and informative text, enabling business analysis and other business change professionals to develop their key knowledge and skills A readable and engaging journey through the business change lifecycle, the business analysis services and the toolkit required of a proficient business analyst Supports the BCS Business Analysis Certification Portfolio

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57th edition of the gold standard in US stock market trend, patterns, and cycles In Stock Trader’s Almanac 2024, veteran trader and market strategist Jeffrey Hirsch delivers the latest edition of the most trusted source used by traders around the world to make sense of the complexities of the US stock market. You’ll master key cycles and trends, including the “January Barometer,” the “Santa Claus Rally,” the “Best Six Months,” and the four-year “Presidential Election Cycle” as you learn to trade and invest with confidence. You’ll explore strategies for getting a handle on increased market volatility, identifying past periods of exceptional price movement in the market, as well as streaks of positive and negative performance likely to repeat themselves. You’ll also find: Month-by-month strategies that deliver reliably outsized market returns based on cyclical trends Key explanations and descriptions of seasonal and annual cycles that consistently repeat themselves, year after year Strategies and techniques that promise—and deliver—a sizeable impact on your investing bottom-line For 57 years, the Almanac has offered savvy investors the freshest data and most insightful advice. Stock Trader’s Almanac 2024 is the comprehensive roadmap to investing eagerly anticipated by day traders, long-term investors, and portfolio managers alike.

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Grasp and apply the basic principles of technical analysis Savvy traders know that the best way to maximize return is to interpret real-world market information for themselves rather than relying solely on the predictions of professional analysts. This straightforward guide shows you how to put this into profitable action—from basic principles and useful formulas to current theories on market trends and behavioral economics—to make the most lucrative decisions for your portfolio. The latest edition of Technical Analysis for Dummies includes a brand-new chapter on making the right decisions in a bull or bear market, an updated look at unique formulas and key indicators, as well as refreshed and practical examples that reflect today today's financial atmosphere. Become an expert in spotting market trends and key indicators Get the skinny on the latest research on behavioral economics Take a deep dive into how to read market sentiment and make it work for you Get a look at the first innovation in charting for decades—straight from Japan With comprehensive coverage from charting basics to the cutting edge, Technical Analysis for Dummies includes everything you need to the make informed independent market decisions that will maximize your profits. Happy trading!

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Since the 1950s, Warren Buffett and his partners have backed some of the twentieth century's most profitable, trendsetting companies. But how did they know they were making the right investments? What did Buffet and his partners look for in an up-and-coming company, and how can others replicate their approach? A gift to Buffett followers who have long sought a pattern to the investor's success, Inside the Investments of Warren Buffett presents the most detailed analysis to date of Buffet's long-term investment portfolio. Yefei Lu, an experienced investor, starts with Buffett's interest in the Sanborn Map Company in 1958 and tracks nineteen more of his major investments in companies like See's Candies, the Washington Post, GEICO, Coca-Cola, US Air, Wells Fargo, and IBM. Accessing partnership letters, company documents, annual reports, third-party references, and other original sources, Lu pinpoints what is unique about Buffett's timing, instinct, use of outside knowledge, and postinvestment actions, and he identifies what could work well for all investors in companies big and small, domestic and global. His substantial chronology accounts for broader world events and fluctuations in the U.S. stock market, suggesting Buffett's most important trait may be the breadth of his expertise.

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If you are considering a career in ophthalmology, this book is for you. Ophthalmology is among the most popular and rewarding specialties in medicine. This book is packed full of useful strategies to maximise your chances of securing an ophthalmic specialist training (OST) post in the United Kingdom. Each step of the application process is covered, based on official guidance and the author's first-hand experience. An overview of the OST Person Specification and Multi-Specialty Recruitment Assessment (MSRA) is provided. The Evidence Folder (portfolio) is covered in detail, with targeted strategies for boosting scores across all sections. Interview preparation material is provided for the in-person interview format, including critical appraisal, improving patient care (audit and quality improvement), communication skills and clinical knowledge. Interview preparation material is also provided for the 2021 online interview (patient consultation). Three mock interviews with solutions/guidance are provided for both the in-person and online interview formats. The author also gives a candid account of his own journey in ophthalmic specialist training, plus "a week in the life of an ophthalmology trainee". This book is unique in its broad, easy-to-access approach to preparation strategies, theory and practice for aspiring ophthalmologists applying for OST posts in the UK.

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What kind of car is that? It looks like a big Beetle! If ever there was a car in search of a context and market, it was the VW Type 4. Volkswagen's first foray into the upscale sector brought engineering innovation to Wolfsburg. It also tried to convince worldwide buyers that VW still had the right stuff. With design origins in the Porsche consultancy, the signs were hopeful. However, globally, the automarket was rapidly changing. The VW Type 4's portfolio ran to unitary construction and fuel injection, but had to face fancy competition from Detroit's European subsidiaries. All the while, VW was searching for its future road, and faced challenging developments. The fuel crisis and Japanese competition in North America kept the pressure on at Wolfsburg. Could the VW 411 and 412's solid traditional virtues carry the day? Then and now the Type 4's unbreakable VW quality, and flat out sustainability, appealed to air cooled devotees. The 411 and 412 brought a new dimension in comfort to VW, and its hardware design was utilized by the air cooled clan both on and off road. The Type 4 even had a sportscar connection, and never lost the power to surprise.

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Ever wonder why your thoughts easily create up-front parking spaces but don't always produce the fat wad of cash or the hot guy? Could it be you're on a different frequency? Could it be there's static in your consciousness?Abundance, love and peace are always available for the taking, but you have to get on the right frequency. And despite what you may have heard, it's not thinking that calls in miracles - it's thanking. When you're on the frequency of gratitude and joy, the universe is free to line things up, work things out, pull rabbits out of hats.When we observe the world from a place of gratitude, when we use our attention to spot beauty, to focus on possibility, we radically change our day-to-day experience. But why take someone else's word for it? The30-day experiment in this book invites you to prove it to yourself.You'll also learn that abundance goes way beyond financial capital. An 'earnings' worksheet is provided to track your Thank & Grow Rich portfolio, which includes social, creative, adventure, alchemic and spiritual capital and comes with four personalized gifts straight from the always accommodating universe.Upgrade your life from ho-hum to Wahoo! in this exploration of energy, frequency and universal magic.

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L N E R 4-6-0 Tender Mixed Traffic Locomotives covers the design, construction, operation and performance of all 4-6-0 locomotives that ran on the London & North Eastern Railway between 1923 and 1947 and the LNER designed engines that ran on BR's Eastern Region until the end of BR steam in 1968\. This includes the former Great Central 4-6-0s of classes B1 - B9 (the B1 and B2 later reclassified B18 & B19); the North Eastern Railway B13 - B16s; the Great Eastern B12s; and the LNER B17s, the Thompson B1s and rebuilds (B2 and B3/3). The book has over 60,000 words and 400 black and white and coloured photographs, many previously unpublished from the archives of the Manchester Locomotive Society at Stockport. It will be of particular interest to railway modellers and enthusiasts of locomotive running and performance as well as those seeking more general locomotive history. The book is designed and written in the same style as David Maidment's previous Locomotive Portfolio books on engines of the Great Western and Southern Railways, and includes where possible his own experiences, seeing and travelling behind engines of these classes in the 1950s and early 1960s, especially the B1s, B12s and B17 'Sandringhams'.

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"Clive Barker's book is more than just a guidebook of improvisational games for actors: it is, rather a comprehensive exploration of acting techniques" New York Theatre Review "Theatre Games is a massive contribution to the art of theatre...A bulging portfolio of credo, craft, advice and instruction...It is dazzlingly astute and a thrilling read - quite unlike a text-book, rather a long, fascinating chat into the small hours" The Stage Theatre games are a method of training actors that was developed in the 20th century by leading practitioners including Clive Barker, who trained actors at Joan Littlewood's Theatre Workshop in its heyday. He developed his "theatre games" system over 20 years and proved its effectiveness for teachers, students and actors alike. His famous book combines his philosophy and approach to games, describes how to play them and the acting skills which can develop out of them. The games are arranged in order of complexity and illustrated with photographs and diagrams. This re-issue of this classic and timeless text now includes a DVD with video material showing Clive Barker teaching his games in a studio and contains background information and first hand material from Clive himself. Theatre Games will enable anyone involved in acting to develop their technique without inhibition or artificiality.

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Do you ever feel your life and career is out of balance, or that there must be more to it all than this?If you want to take control, this book will help you systematically design the next stage of your life and career to maximise your own happiness and fulfilment. FIND YOUR PURPOSE will:· help you clarify your values, strengths and purpose and understand what brings meaning for you personally· introduce principles and techniques for actively designing happiness and fulfilment · show you how to apply these principles in your work, relationships, leisure and learning· introduce systematic planning tools into all areas of your life - even those areas you might not expect By the end of the book you will have created a practical action plan for redesigning the next stage of your life and career, whether that be a sidestep, a side hustle or a complete step change.Based on workshops and research from a highly experienced training team, these proven tools will enable you to identify the unique portfolio of activities that is likely to make you most happy and fulfilled.The days of a linear career progression are gone. Shape your life and work to suit the true you and enjoy your personal breakthrough.

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This book is an introduction to stochastic analysis and quantitative finance; it includes both theoretical and computational methods. Topics covered are stochastic calculus, option pricing, optimal portfolio investment, and interest rate models. Also included are simulations of stochastic phenomena, numerical solutions of the Black–Scholes–Merton equation, Monte Carlo methods, and time series. Basic measure theory is used as a tool to describe probabilistic phenomena. The level of familiarity with computer programming is kept to a minimum. To make the book accessible to a wider audience, some background mathematical facts are included in the first part of the book and also in the appendices. This work attempts to bridge the gap between mathematics and finance by using diagrams, graphs and simulations in addition to rigorous theoretical exposition. Simulations are not only used as the computational method in quantitative finance, but they can also facilitate an intuitive and deeper understanding of theoretical concepts. Stochastic Analysis for Finance with Simulations is designed for readers who want to have a deeper understanding of the delicate theory of quantitative finance by doing computer simulations in addition to theoretical study. It will particularly appeal to advanced undergraduate and graduate students in mathematics and business, but not excluding practitioners in finance industry.

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It is no secret that women are increasingly controlling wealth. Estimates suggest that women control more than 50% of all wealth and growing. Importantly, 95% of women will be their family’s primary financial decision maker at some point in their lives. Yet recent studies show that Millennial women are deferring financial and investing decisions at a greater pace than Baby Boomer women. Targeted to all women “with a clear recognition that though the objectives and needs of this vast segment may not necessarily be homogeneous, women share common challenges when it comes to investing, this book provides clear instruction and a series of Intelligent Investing Rules for women to live by, especially in these times with sticky and persistent inflation and rising interest rates. The Women’s Guide to Successful Investing demonstrates how women can develop the knowledge and skills required to accumulate wealth and build an investment portfolio for the long term. Providing proven wealth accumulation strategies, tailored advice, and a comprehensive market analysis, this second edition is a must-read for female investors who want to master volatile markets with long-term success. Written by a female CEO, CIO, and investment manager whose career has spanned 38 years, the book offers a much-needed blueprint for investments for women.

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The book outlines the processes of calculating and critically reviewing construction costs and times for clients and contractors in different project phases. Any project or structural analysis should yield accurate information on times, costs, and prices. The related database is more or less uncertain depending on project complexity and the circumstances of work performance. It is thus recommended to use ranges of key input parameters. This approach consistently considers uncertainties within a holistic project view, thus enhancing the plausibility and validity of specific values. Only the integration of probabilistic methods will allow for calculating and graphically representing the chance/risk ratio as a crucial project variable ultimately influencing the entire business. This book examines the systemic modeling and consideration of uncertainties when determining construction costs and times, and life-cycle costs. It contains detailed descriptions of other decision-making processes, including project preparation and planning (developer calculation, soil survey, cost estimate), work preparation (costing, pricing, construction time evaluation, resource identification, comparison of construction methods, bid analysis, contract award), and project execution (site logistics, construction method selection, construction process planning, work coordination, sourcing, determination of additional costs, trend analyses), as well as for project portfolio management as a tool relevant to all phases.

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The business environment of the chaebol (large corporations in Korea) has changed drastically since the outbreak of the 1997 Asian financial crisis. This book discusses the attempts of the Korean government to remedy structural weaknesses in the corporate sector by launching an aggressive chaebol reform package, supported by the IMF and other international agencies. Its main objective was to restore competitiveness in the corporate sector and to upgrade business conditions to that of international practices and standards.Competition and Corporate Governance in Korea critically reviews government policy towards the chaebol and provides a comprehensive investigation of the relationship between corporate governance and economic performance as well as the interaction of economic institutions with the chaebols' incentive structure and management behaviour. Policy implications based on objective and rigorous empirical analyses of data on the chaebol are also discussed. Notwithstanding the fact that the chaebol have already undergone considerable governance, capital, and business portfolio restructuring, this volume suggests a road map for further restructuring, and the creation of a new incentive structure to help strengthen chaebol competitiveness.This richly informative book will appeal to academics and researchers of industrial organization, economics and corporate reform as well as those involved in Asian studies.

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An incisive and comprehensive exploration of value investing in the real world In the newly revised second edition of Common Stocks and Common Sense: The Strategies, Analyses, Decisions, and Emotions of a Particularly Successful Value Investor, celebrated Wall Street value investor Ed Wachenheim walks readers through eleven revealing case studies of real-world investments made by the author's firm, Greenhaven Associates. Each case uncovers unique insights into the technical and human elements that go into any profitable investment transaction. This latest edition includes brand-new content with coverage of the electric vehicle (EV) market, and in-depth discussions of General Motors. Refreshed and renewed content also appears throughout the book, with several new investment theses appearing for the first time in this edition. Readers will also find: An emphasis on the softer, human side of value investing, including the biases and emotions that can get in the way of successful investments New material covering emerging and high-growth industries Value investing advice that goes beyond balance sheets and technical ratios An essential handbook for retail value investors everywhere, Common Stocks and Common Sense will also earn a place on the bookshelves of portfolio and fund managers, securities analysts, and anyone else with a personal or professional interest in the financial markets.

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Expert advice on building an unshakable foundation as a financial advisor to the elite The revised and updated edition of the definitive guide to growing and maintaining a financial advice firm, The New Advisor for Life explores the fallout of the market crash on up-and-coming advisors. With a particular focus on the generation X and Y concern with debt management and long-term investment, this new edition examines what young investors look for in an advisor. Today, more than ever, insight, analysis, and validation are valued, but to be truly successful, an advisor needs to walk the line between being well-informed but not appearing condescending. What today's investors want in a financial advisor is someone who can cut through the noise and clutter of the financial services industry and the mainstream media Covers the basics, from setting a client's investment goals, selecting complementary investments, and monitoring portfolio balance, to the advanced—developing a personal finance plan for your clients based on their specific needs Steve Gresham presents a 19-point checklist for financial advisors to offer their clients "life advice" Keeping clients engaged is more important than ever, and The New Advisor for Life gives the aspiring financial advisor the secrets to success normally reserved for the country's top firms.

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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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Well into its fourth decade, the Office for Metropolitan Architecture (OMA), founded by Rem Koolhaas in 1975, remains one of the most influential and successful practices of its kind. OMA describes itself as a firm operating within the traditional boundaries of architecture and urbanism that applies architectural thinking to domains beyond. The firm s impact on the way we live is undeniable. OMA has transformed our understanding of the city and our evolving relationship with art, shopping, sustainability, and other quintessentially twenty-first-century preoccupations. The works presented here elaborate on OMA s philosophy even as they expand its portfolio geographically. Featured projects (helmed by partners Shohei Shigematsu and Jason Long) include residential skyscrapers in New York and San Francisco, mixed-use developments in Tokyo and Fukuoka, and the master plans for Facebook s Menlo Park campus, alongside more intimate spaces such as the studio for renowned Chinese artist Cai Guo-Qiang. Permanent structures, such as Milstein Hall at Cornell University, the new galleries of Quebec s Musee National des Beaux-Arts, the Japan flagship of Coach, and the expansion of the New Museum in Manhattan, contrast vividly with temporary interventions such as the Manus x Machina exhibition at the Met Costume Institute and the soaring concrete columns of An Occupation of Loss.

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A groundbreaking, authoritative introduction to how machine learning can be applied to asset pricingInvestors in financial markets are faced with an abundance of potentially value-relevant information from a wide variety of different sources. In such data-rich, high-dimensional environments, techniques from the rapidly advancing field of machine learning (ML) are well-suited for solving prediction problems. Accordingly, ML methods are quickly becoming part of the toolkit in asset pricing research and quantitative investing. In this book, Stefan Nagel examines the promises and challenges of ML applications in asset pricing.Asset pricing problems are substantially different from the settings for which ML tools were developed originally. To realize the potential of ML methods, they must be adapted for the specific conditions in asset pricing applications. Economic considerations, such as portfolio optimization, absence of near arbitrage, and investor learning can guide the selection and modification of ML tools. Beginning with a brief survey of basic supervised ML methods, Nagel then discusses the application of these techniques in empirical research in asset pricing and shows how they promise to advance the theoretical modeling of financial markets.Machine Learning in Asset Pricing presents the exciting possibilities of using cutting-edge methods in research on financial asset valuation.

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A practical retirement planning resource for engineers, scientists, and mathematicians In 1995, Dr. Mike Golio, an electrical engineer, became seriously interested in planning for early retirement. In 2003, at the age of 49, he and his wife achieved their goal of financial independence and retired. Engineering Your Retirement is an outgrowth of his research. Whether retirement is imminent or many years off, this valuable guide's straightforward, analytical approach to financial independence answers the critical questions to achieving successful, comfortable, and meaningful retirement. Written specifically for professionals in the engineering, science, and math fields, Engineering Your Retirement examines such important questions as: * How much money will I need to retire? * How long will it take for me to accumulate it? * What types of post-retirement activities are available to technical professionals? Engineering Your Retirement discusses financial independence from the unique cultural view of the technical professional and features many charts, graphs, analytical tools, and equations to help present the financial nuts-and-bolts of retiring in a logical and analytical manner. It offers practical, firsthand advice from an industry expert on: * Effectively budgeting for investments * Planning for health insurance * Choosing a retirement community * Building up a cash/bond ladder * Considering inflation * Portfolio requirements * Investment allocations * Paying off a mortgage * And much more!

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A timely approach to downside risk and its role in stock market investments When dealing with the topic of risk analysis, most books on investments treat downside and upside risk equally. Preparing for the Worst takes an entirely novel approach by focusing on downside risk and explaining how to incorporate it into investment decisions. Highlighting this asymmetry of the stock market, the authors describe how existing theories miss the downside and follow with explanations of how it can be included. Various techniques for calculating downside risk are demonstrated. This book presents the latest ideas in the field from the ground up, making the discussion accessible to mathematicians and statisticians interested in applications in finance, as well as to finance professionals who may not have a mathematical background. An invaluable resource for anyone wishing to explore the critical issues of finance, portfolio management, and securities pricing, this book: Incorporates Value at Risk into the theoretical discussion Uses many examples to illustrate downside risk in U.S., international, and emerging market investments Addresses downside risk arising from fraud and corruption Includes step-by-step instructions on how to implement the methods introduced in this book Offers advice on how to avoid pitfalls in calculations and computer programming Provides software use information and tips

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A blueprint to successful value investing Successful value investors have an ingrained mental framework through which all investments decisions are made. This framework, which stems from the father of value investing, Benjamin Graham-who believed that investment is most intelligent when it is most businesslike-can put you in a better position to improve the overall performance of your portfolio. Written by Sham Gad-founder of the Gad Partners Funds, a value-focused investment partnership inspired by the 1950s Buffett Partnerships-The Business of Value Investing effectively examines the fundamental tenants of this approach and skillfully illustrates the six essential elements of the entire process. Opening with some informative discussions of how value investing focuses more on buying a piece of a business, and less on buying a company's stock, this reliable resource quickly moves on to detail exactly what it takes to become a successful value investor. Outlines the six essential elements required for a successful risk averse value investment approach Contains case studies that illustrate how to approach investing in an intelligent, businesslike fashion Walks you through the pitfalls that most investors initially fall into With The Business of Value Investing as your guide, you'll quickly become familiar with one of the most effective investment strategies ever created.

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Flux Redux is a book about design experiments undertaken at the Zurich and Los Angeles-based firm agps Architecture over the course of three decades. The story it tells addresses the evolution of a body of work relative to the evolution of environmental discourse, reflecting also on the shifting relations between technology and sustainability in architecture. The nine case studies from agps Architecture’s portfolio record changes in how architecture is thought about and how it is made. Around 500 illustrations in the book are supplemented with texts by Marc Angélil, one of the founders of agps, and Cary Siress, architect and professor at the Nanjing University’s Graduate School of Architecture and Urban Planning. Further contributions are provided by Swiss structural engineer Ernst Hofmann and Margarete von Lupin, a Zurich-based scholar of design and media studies and lecturer at Zurich University of the Arts and University of Zurich. Additional texts by Rainer Hehl, architect and visiting professor at Technische Universität Berlin and Yokohama National University, and Alvaro Siza, one of the most distinguished architects of our time, round out this inspiring volume that also offers observations on architects’ never-ending task of trial and error to make each building a more sustainable agent of a larger environmental system.

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This is the story of the Historic Sports Car Club. Over a period of 50 years, the Club grew from the germ of an idea to become Britain's leading race organising Club for cars from the 1960s, 1970s and 1980s. The Club's strapline is 'pure historic racing'. This unique book, illustrated with over 500 photographs, tells the story of half a century of growth for historic racing in Great Britain. It is a story of ups and downs, of triumph and tragedy. From humble beginnings, the early years were faltering before the Club moved into race organisation in the early 1980s. There were times of financial trauma and upheaval and the Club came close to bankruptcy. However, the last two decades have been spectacularly successful. The race programme has grown, the membership has hit record levels and the portfolio of championships has doubled. Allied to that success, the Club's finances have improved beyond all recognition and its standing in British motor sport has scaled new heights. This is the story of those 50 years: but it is also the story of the people behind the Club, people who cared enough about historic motor racing to play a role in building the Historic Sports Car Club.

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Douglas Kirkland is the legendary photographer who captured the Hollywood elite. Kirkland has been at the cutting edge of fashion, photojournalism and portraiture, working for the world's most reputable magazines for more than 50 years. As a young photographer in 1961 he was assigned to shoot Marilyn Monroe over several hours in a closed studio one night, and he captured a stunning portfolio of alluring and intimate images that survive to this day as a testament to her beauty and vulnerability. Kirkland was born in Toronto, Canada and started out as an assistant to Irving Penn when he first moved to New York at the age of 24. After an early stint working for Look Magazine, he joined Life Magazine as a staff photographer. He worked there in the '60s and '70s - an era often referred to as the golden age of photojournalism. Known for his charming and gentle attitude, Kirkland has served as the only photographer on the sets of hundreds of films, from The Sound of Music to Titanic. His extensive archive of A-list portraits includes Elizabeth Taylor, Coco Chanel, Jack Nicholson, John Travolta, Michael Jackson, Brigitte Bardot, Andy Warhol, Naomi Campbell and Nicole Kidman. Text in English and Italian.

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Investing in funds is not straightforward. We are faced with a countless range of options and constantly distracted by meaningless noise and turbulent markets. To make matters worse, our flawed beliefs and behavioural biases lead to repeated and costly mistakes, such as a damaging obsession with past performance and a dangerous attraction to thematic funds. There is a solution--a more intelligent way to invest in funds. In The Intelligent Fund Investor, experienced portfolio manager and behavioural finance expert Joe Wiggins brings simplicity and clarity to fund investing. Each chapter of this fascinating and highly readable book focuses on a vital element of investing in funds--exploring how and why investors can get it badly wrong, and providing direct, actionable steps for better results. Joe reveals: why we should avoid investing with star managers; how to decide between active and passive funds; why we should beware of smooth performance and captivating stories; why risk is far more than just volatility; the importance of a long time horizon; and much, much more. Using a combination of stories, empirical evidence and experience, Joe gives all fund investors--active and passive--what they need to reassess their beliefs, understand their biases, and make better investment decisions.

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Commodity Derivatives In the newly revised Second Edition of Commodity Derivatives: Markets and Applications, expert trading educator and author Neil Schofield delivers a comprehensive overview of a wide variety of commodities and derivatives. Beginning with discussions of commodity markets generally before moving on to derivative valuation and risk management, the author then dives into individual commodity markets, like gold, base metals, crude oil, natural gas, electricity, and more.Schofield relies on his extensive experience at Barclays Investment Bank to offer readers detailed examinations of commodity finance and the use of commodities within a wider investment portfolio.The second edition includes discussions of critical new topics like dual curve swap valuation, option valuation within a negative price environment using the Bachelier model, volatility skews, smiles, smirks, term structures for major commodities, and more. You’ll find case studies on corporate failures linked to improper commodity risk management, as well as explorations of issues like the impact of growing interest in electric vehicles on commodity markets.The text of the original edition has been updated and expanded and new example transactions are included to help the reader understand the concepts discussed within. Each chapter follows a uniform structure, with typical demand and supply patterns following a non-­technical description of the commodity at issue. Discussions of the physical markets in each commodity and the main exchange-traded and over-the-counter products conclude each chapter.Perfect for commodity and derivatives traders, analysts, and risk managers, the Second Edition of Commodity Derivatives: Markets and Applications will also earn a place in the libraries of students and academics studying finance and the graduate intake in financial institutions.A one-stop resource for the main commodity markets and their associated derivativesFinance professionals seeking a single volume that fully describes the major commodity markets and their derivatives will find everything they need in the latest edition of Commodity Derivatives: Markets and Applications. Former Global Head of Financial Markets Training at Barclays Investment Bank Neil Schofield delivers a rigorous and authoritative reference on a crucial, but often overlooked, subject.Completely revised and greatly expanded, the Second Edition of this essential text offers finance professionals and students coverage on every major class of commodities, including gold, steel, ethanol, crude oil, and more. You’ll also find discussions of derivative valuation, risk management, commodity finance, and the use of commodities within an investment portfolio.Non-technical descriptions of major commodity classes ensure the material is accessible to everyone while still in-depth and rigorous enough to deliver key information on an area central to global finance.Ideal for students and academics in finance, Commodity Derivatives is an indispensable guide for commodity and derivatives traders, analysts, and risk managers who seek a one-volume resource on foundational and advanced topics in commodity markets and their associated derivatives.

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A one-of-a-kind book that shows you how to cash in on the latestinvesting trend--short selling "The Art of Short Selling is the best description of this difficulttechnique."--John Train, Train, Thomas, Smith Investment Counsel,and author of The New Money Masters "Kathryn Staley has done a masterful job explaining the highlyspecialized art of short selling. Her approach to telling the truestories of famous investment 'scams' will keep the readerspellbound, while teaching the investor many cruciallessons."--David W. Tice, Portfolio Manager, Prudent BearFund "Selling short is still a misunderstood discipline, but even themost raging bull needs to know this valuable technique to masterthe ever-changing markets."--Jim Rogers, author, InvestmentBiker On the investment playing field, there is perhaps no game moreexciting than short selling. With the right moves, it can yieldhigh returns; one misstep, however, can have disastrousconsequences. Despite the risk, a growing number of players areanteing up, sparked in part by success stories such as that ofGeorge Soros and the billions he netted by short selling theBritish pound. In The Art of Short Selling, Kathryn Staley, anexpert in the field, examines the essentials of this importantinvestment vehicle, providing a comprehensive game plan with whichyou can effectively play--and win--the short selling game. Whether used as a means of hedging bets, decreasing the volatilityof total returns, or improving returns, short selling must behandled with care--and with the right know-how. As Staley pointsout, "Short selling is not for the faint of heart. If a stock movesagainst the position holder, the effect on a portfolio and networth can be devastating. Investors need to understand the impacton their accounts as well as the consequences of getting bought inbefore they indulge in short selling." The Art of Short Sellingguides you--clearly and concisely--through the ins and outs of thishigh-risk, high-stakes game. The first--and most important--move in selling short is to identifyflaws in a business before its share prices drop. To help youtackle this key step, Staley shows you how to evaluate companyfinancial statements and balance sheets, make sense of returnratios, detect inconsistencies in inventory, and analyze thestatement of cash flows. Through real-world examples thatillustrate the shorting of bubble, high multiple growth, and themestocks, you'll proceed step by step through the complete processand learn to carry out all the essentials for a successful shortsell, including quantifying the risk factor and orchestratingcorrect timing, as well as implementing advanced valuationtechniques to execute the sell/buy. Packed with landmark, cutting-edge examples, up-to-the-minuteguidelines, and pertinent regulations, The Art of Short Selling isa timely and comprehensive reference that arms you with thenecessary tools to make a prepared and confident entrance onto theshort selling playing field.

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This guide to helping faculty prepare for professional review, whether an annual event or at a key moment in their career, will help make this often stressful and confusing experience less challenging and provide faculty a sense of mastery over the process. It shows faculty how to plan ahead by learning the rules, getting organized, developing a line of research, collecting baseline data, and fostering interpersonal relationships. It then gives practical advice and examples on documenting one’s work in all areas of teaching and scholarship. The second edition of this best-selling book features some new materials designed to help faculty prepare for a major professional review, including post-tenure reviews. New areas covered are how to Document teaching with technology, Manage changing guidelines and policies Use annual review materials as the foundation for a professional portfolio In addition to updating references and resources, the author has expanded sections on scholarship, teaching and advising, how to best document faculty role and impact as part of a team, and on assessing collegiality. Appropriate for faculty at large universities and small colleges, public or private institutions, and unionized campuses, this book enumerates important questions to be asked and the issues that should be considered as faculty approach the review process. Concrete resources, examples, references, and a faculty checklist make this a practical tool for any instructor facing a professional evaluation.

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Take your hand-drawn illustrations to the next level by using various selection tools in Photoshop to clean up the artwork, and Illustrator for final refinement. Also, learn to save your artwork as vector images to be used for web, print, or even stills for character animation. Author Jennifer Harder begins by showing you how to use basic tools in Photoshop to clean up your artwork, followed by Marquee tools and more. Next, you will see how to use more advanced tools such as Lasso, Magic Wand, the Object Selection tool, and so on. You’ll then get a demonstration of how to control the type of selection using the selection main menu, how to copy selections to another layer, and how to use the focus area. This is followed by a chapter that covers paths, channels, and layer masks that you will master to clean up your artwork. To round things out, you will learn how to use Illustrator’s different features to further enhance your work. On completing the book, you will have mastered how to make your artwork and illustrations portfolio-ready. What You Will Learn Master each selection tool found in Photoshop Choose the right tools for cleaning and refining artwork Save selections for other projects Make your artwork scalable in Illustrator using various methods Who Is This Book For Readers with little-to-intermediate-level experience with Photoshop.

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Methods for estimating sparse and large covariance matrices Covariance and correlation matrices play fundamental roles in every aspect of the analysis of multivariate data collected from a variety of fields including business and economics, health care, engineering, and environmental and physical sciences. High-Dimensional Covariance Estimation provides accessible and comprehensive coverage of the classical and modern approaches for estimating covariance matrices as well as their applications to the rapidly developing areas lying at the intersection of statistics and machine learning. Recently, the classical sample covariance methodologies have been modified and improved upon to meet the needs of statisticians and researchers dealing with large correlated datasets. High-Dimensional Covariance Estimation focuses on the methodologies based on shrinkage, thresholding, and penalized likelihood with applications to Gaussian graphical models, prediction, and mean-variance portfolio management. The book relies heavily on regression-based ideas and interpretations to connect and unify many existing methods and algorithms for the task. High-Dimensional Covariance Estimation features chapters on: Data, Sparsity, and Regularization Regularizing the Eigenstructure Banding, Tapering, and Thresholding Covariance Matrices Sparse Gaussian Graphical Models Multivariate Regression The book is an ideal resource for researchers in statistics, mathematics, business and economics, computer sciences, and engineering, as well as a useful text or supplement for graduate-level courses in multivariate analysis, covariance estimation, statistical learning, and high-dimensional data analysis.

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Finance is the study of how individuals, institutions, governments, and businesses acquire, spend, and manage their money and other financial assets to maximize their value or wealth. Fundamentals of Finance introduces the nuances of finance in a comprehensive yet concise manner and is essential reading for professionals building a career in finance or for students taking a course in finance. The book consists of four parts: Part I: "Introduction to Finance, Money and Interest Rates, and Time Value of Money" focuses on the role financial markets play in the financial system and financial basics that underlie how markets operate. Part II: "Investments and Portfolio Management" discusses the characteristics of stocks and bonds, how securities are valued, the operations of securities markets, formation of optimal portfolios, and derivatives. Part III: "Financial Management/Corporate Finance" explores financial planning, asset management, and fund-raising activities that will enhance a firm’s value. Part IV: "Management of Financial Institutions" focuses on management of financial institutions in general, and risk management in financial institutions in particular. The book’s many examples, appendices, graphs and tables provide valuable know-how to a wide audience, making it an excellent resource for professionals as well as students who wish to attain a broad understanding of finance. Please contact Stefan.Giesen@degruyter.com to request additional instructional material comprising a chapter-wise listing of questions and answers.

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For ease of use and practicality Straightforward Second Edition is structured to provide one lesson per double-page spread (A/B/C/D), lasting around 90 minutes. All lessons are interlinked to promote better and more memorable learning, but there is the flexibility to pick out certain key sections to focus on certain language points. GRAMMAR - Clear and uncomplicated grammar explanations present new grammar elements. Students are always supported by the Language Reference pages at the back of their book allowing them to further work on a difficult area and understand the language. VOCABULARY - Difficult and out of context words from the text are presented in the glossary so students are not distracted by these lexical hurdles. READING - Texts are accessible for the relevant level, realistic and from a variety of different sources/contexts. FUNCTIONAL LANGUAGE - Students are not expected to learn in a vacuum and their interests and curiosities are met with 'Did you know' sections. CEF/SELF ASSESSMENT - Each unit culminates in a self assessment box so students can check and monitor their own progress and become more independent learners. The checklist is a selection of clear 'can-do' statements and therefore links to the CEF and portfolio elements of the course. FUNCTIONAL LANGUAGE - This section helps students to deal with common, every-day situations in an English-speaking environment - what we might think of as survival language.

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No Worries shows how anyone can live a stress-free financial life and build wealth for the long term. This is not about millions of tiny decisions that drain the joy from life, like skipping daily coffee to save a few bucks. And it's not simply about having more money. The secret lies in adopting the right attitude to money and getting a small number of big things right. In his unique style, drawing on decades of expertise, finance expert Jared Dillian tells the truths about essential personal finance topics and helps you to see things as you never have before. Jared reveals: how the right kind of abundance mindset works wonders how to purge the urge to splurge (without making life a drag) the most effective ways to use credit cards that no one tells you about the smart ways to buy big-ticket items, from houses to cars what's gone wrong with student loans and how to use them sensibly how to ace investing with the set-and-forget Awesome Portfolio. No matter where you're at, Jared can help you get your finances in better shape than 99% of other people - so that you can get on with your life as your wealth builds. Do that and you'll have no financial stress, and no worries.

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A must-have for animation fans of all ages, this postcard collection celebrates the award-winning masterpiece Spirited Away from Studio Ghibli, the legendary animation studio in Japan. Featuring 30 final frames from the film—all hand-drawn and gorgeously detailed—these collectible, one-of-a-kind postcards take you on a remarkable journey through director Hayao Miyazaki’s fantastic supernatural spirit world. • LUXE POSTCARD FORMAT: 30 different full-color images printed on quality cardstock and bound in a portfolio cover. Cards are easy to remove to send or frame. Features a range of key scenes and characters from the film! • GREAT GIFT: Fans of Spirited Away, Hayao Miyazaki and Studio Ghibli will love this collection of postcards. A unique present for animation enthusiasts, collectors, and fans of Japanese art, stationery, and pop culture. • BELOVED STUDIO WITH MASSIVE FAN BASE WORLDWIDE: Miyazaki is often called the “Walt Disney of Japan.” The Ghibli Museum is a popular destination in Tokyo, seeing about 650,000 visitors a year. Six of Studio Ghibli's films received Academy Award® nominations in the United States. • AWARD-WINNING FILM: Spirited Away has received universal critical acclaim, winning the Academy Award® for Best Animated Feature in 2003. Lauded as a masterpiece, the movie continues to appear on “best film” lists including in Rolling Stone, The New York Times, Time Out, and more. © 2001 Studio Ghibli – NDDTM

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A uniquely detailed visual representation of the legendary Japanese warships. Equipped with the largest guns and heaviest armour and with the greatest displacement of any ship ever built, the Yamato proved to be a formidable opponent to the US Pacific Fleet in the Second World War. The book contains a full description of the design and construction of the battleship including wartime modifications, and a career history followed by a substantial pictorial section with rare onboard views of Yamato and her sister ship Musashi, a comprehensive portfolio of more than 1,020 perspective line artworks, 350 colour 3D views, and 30 photographs. The wreck of Musashi has been recently discovered to great excitement in Japan, renewing interest in these iconic warships. Janusz Skulski’s anatomies of three renowned ships of the 20th century Japanese navy are among the most comprehensive of the Anatomy series with hundreds of meticulously researched drawings of the ships. Since their first publication he has continued to research the ships and has now produce a more definitive anatomy than was possible then. He has teamed up with 3D artist Stefan Draminksi who produces superb realistic renditions of the ships that bring a whole new level of detail to the portraits of the ships. This new editions is a genuine ‘Super Anatomy’ containing the most detailed renditions of these ships ever seen.

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Learn the ways of the light and dark sides of the force...This box set brings the light and dark sides of the Force together for the first time. The Jedi Path is the ancient Jedi training handbook that has educated and enlightened generations of Jedi, including Yoda, Obi-Wan Kenobi, and Luke Skywalker. They have handwritten their comments into this text, the only remaining copy in existence. Book of Sith is a compilation of six legendary dark texts gathered and bound together by Darth Sidious, and featuring comments from Darth Vader, Mace Windu, Darth Maul, and others. This deluxe edition provides insights into the Star Wars timeline and contains an exclusive portfolio with two prints, each depicting a prominent figure from either side of the Force. With these two titles, students of the Force can study and more fully understand the complex powers of good and evil. Features Jedi commentary from Yoda, Obi-Wan, Luke Skywalker, Qui-Gon Jinn, and others Learn the Sith code with help from Darth Sidious, Darth Vader, Darth Maul, and more! Handwritten comments from prominent force-wielders from both sides of the force This book set makes the ideal Star Wars collectible for any Star Wars fangirl or fanboy and is the perfect addition to any Star Wars book collection!© and TM Lucasfilm Ltd. Used Under Authorization

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Raise your options investing game to a new level through smart, focused practiceFor decades, Sheldon Natenberg’s Option Volatility & Pricing has been helping investors better understand the complexities of the option market with his clear and comprehensive explanation of trading strategies and risk management.Now, you can raise your performance to a higher level by practicing Natenberg’s methods before you enter the market. Filled with hands-on exercises designed to dramatically increase your knowledge and build your confidence, The Option Volatility and Pricing Workbook provides the necessary tools from which to build a successful options portfolio. Each exercise is preceded by clear description of the principle at hand, and each concludes with in-depth explanations of the correct answers. Hundreds of exercises cover such topics as:•Contract Settlement and Cash Flow•Expiration Profit & Loss•Theoretical Pricing•Volatility•Dynamics of Risk•Synthetic Pricing and Arbitrage•Hedging Strategies•Models and the Real WorldSuccess in option markets requires the ability to adapt to constantly changing market conditions. This ability can only be achieved through a full and intimate understanding of the principles of option evaluation, strategy selection, risk management, and market dynamics. Whether you’re a professional or novice trader, a market maker or training manager—The Option Volatility and Pricing Workbook is an invaluable tool for achieving success in this famously tough market.

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The helpful workbook to help practice assessing financial statements Financial statement analysis is essential as part of any well-organized financial portfolio. As a companion piece, Financial Statement Analysis Workbook: A Practitioner's Guide allows readers the opportunity to test and hone the skills put forward in Martin Fridson and Fernando Alvarez's Financial Statement Analysis, a resource devoted to providing the analytical framework necessary to make sense of the sometimes misleading numbers put forth by companies. Scrutinizing financial statements allows one to, for example, evaluate a company’s stock price or determine merger or acquisition valuations. The Financial Statement Analysis Workbook, then, provides a pathway to become familiar with these methodologies in order to be prepared to use them in real-world scenarios. With the skills provided within, you can begin to undertake goal-oriented preparation for the practical challenges of contemporary business, and feel confident in your financial decision-making. This is aided by: Question-and-answer sections within this Workbook correspond to each chapter of Financial Statement Analysis Financial statement and computational exercises designed to require analysis and synthesis of concepts covered in the core text A full list of answers in the second half of the book that help explain pitfalls within the questions An essential tool for professional analysts, investors, and students, Financial Statement Analysis Workbook offers the perfect opportunity to help turn theory into reality.

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Paint, perform, and doodle your way through the Jewish holidays! Guide your students through a process of unlocking the meaning of each holiday and its values through artistic projects and concepts. Make a drawing in response to hearing the shofar; create a nature collage for Tu BiShevat; act out the movement of a lulav. Make, Create, Celebrate uses art as a way to help students connect with the underlying values of the holidays in a personal way, free from explaining the how-tos of each holiday. Not an artist? Don't worry about it! These projects are about self-expression and ideas, and therefore, are for everyone. By the time students have compelte the holiday cycle, they will have created a portfolio full of their own work reflecting Jewish values. SPECIAL FEATURES: Gallery Tour: More than 15 beautiful, full-color images of contemporary and historical artworks with accompanying reflection questions. About Art: Explanations of art techniques Good to Know: Fun facts about the holidays Think About: Prompts and thoughtful questions that help learners apply their art experiences to the Jewish holidays Artist Statements: Space for students to write and reflect about their own work Peer Reviews: Opportunities for students to share their work with friends, and give and receive feedback. Video Links: Links to online, original videos by the author, Julie Wohl, that demonstrate activities within the source.

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This book discusses the key areas that every stock market investor should consider. Starting with the reason for buying shares in the first place it then goes on to consider a host of essential topics, including: ratios, dividends, diversification, directors' deals, technical analysis, ETFs, commodities, dealing techniques and much more. Cotter On Investing is your straightforward guide to the not always straightforward world of stock market investment. The markets can be a dangerous place and the risk involved can put people off the whole concept of stock investing. It shouldn't. Successful investors are those who manage risk and use mechanisms that reduce it to a level they are comfortable with. The stock market is potentially extremely rewarding in financial terms, but when the investor takes control of his or her own money it can also be fun, interesting and immensely satisfying. Throughout the book the author gives his own opinions not only on the different investment vehicles you can use but also on the ways in which you can improve your performance as a self-directed investor.With nearly 40 years of stock market experience, John Cotter is the ideal guide to help you make your investment decisions. Slicing through the jargon and with a solid, 'keep it simple' approach, this book is the ideal companion for anyone building and running their own share portfolio.

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Sweeping contest wins since the age of thirteen, Gonzales quickly went from teen star to skate legend when he took to the streets. Widely revered as the inventor of street skating and for his groundbreaking, one-of-a-kind style, throughout the years Gonz has remained one of the most prolific innovators in skateboarding. Today he rides for iconic brands Supreme, Adidas, and Krooked and has cemented his place in skateboard and pop-culture history. Hailed for a sense of fearlessness and creativity that has influenced skaters around the world, Gonz s talents stretch far beyond the skate orbit. His long-standing collaborations with brands including Adidas, Supreme, Thrasher, RETROSUPERFUTURE, JanSport, and Etudes, all gathered in this volume, showcase his rebellious vision. This is the first comprehensive book devoted to the Gonz s pioneering work in skateboarding as well as streetwear, fashion, and art a bold collection of work straight from the mind of the artist, as seen through exclusive work by the creator of some of his most iconic images, Sem Rubio. Much of the book shows off his legendary tricks and a portfolio of his many worlds. With contributions by Hiroshi Fujiwara, KAWS, Ed Templeton, Tommy Guerrero, Tony Hawk, Stan Smith, Gus Van Sant, and more, this indispensable volume gathers over thirty years of creation by a man widely recognized as the most influential skateboarder of all time.

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The best-selling investing "bible" offers new information, new insights, and new perspectives The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500. While the stock market has tumbled and then soared since the first edition of Little Book of Common Sense was published in April 2007, Bogle’s investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor. Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing. A portfolio focused on index funds is the only investment that effectively guarantees your fair share of stock market returns. This strategy is favored by Warren Buffett, who said this about Bogle: “If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds. . . . Today, however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me.” Bogle shows you how to make index investing work for you and help you achieve your financial goals, and finds support from some of the world's best financial minds: not only Warren Buffett, but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale’s David Swensen, Cliff Asness of AQR, and many others. This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future. Build a broadly diversified, low-cost portfolio without the risks of individual stocks, manager selection, or sector rotation. Forget the fads and marketing hype, and focus on what works in the real world. Understand that stock returns are generated by three sources (dividend yield, earnings growth, and change in market valuation) in order to establish rational expectations for stock returns over the coming decade. Recognize that in the long run, business reality trumps market expectations. Learn how to harness the magic of compounding returns while avoiding the tyranny of compounding costs. While index investing allows you to sit back and let the market do the work for you, too many investors trade frantically, turning a winner’s game into a loser’s game. The Little Book of Common Sense Investing is a solid guidebook to your financial future.

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The Annual Review of Jazz Studies is dedicated to scholarly research on jazz and its related musical forms. It recognizes the growing awareness of jazz as a cultural phenomenon. All volumes include numerous musical examples, a book review section, a portfolio of jazz photographs, and bibliographic surveys. This volume is a special double issue covering the two years of 1997 and 1998. It begins with a series of studies devoted to the classic ballad, "Stella by Starlight," focusing on various performances by groups led by Miles Davis as well as discussing visits to "Stella" by Oscar Peterson and Bill Evans. Other articles in this volume cover major figures in the heritage of jazz, such as Bix Beiderbecke, Martial Solal, Charlie Parker, John Coltrane, and Ornette Coleman. It also explores two other areas of interest: the Western African drumming tradition and its relation to jazz, and a study of a seminal book, Jazz Dance, by Marshall and Jean Stearns. The reviews include two essays on Paul Berliner's Thinking in Jazz, an assessment of Jazz Research and Performance Materials: A Select Annotated Bibliography, three biographies of Woody Herman, and a review of important Duke Ellington recordings. Finally, there are rare photographs drawn from the files of the Institute of Jazz Studies. This volume is a must-have for collectors of this series and sure to be of interest to all jazz lovers.

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Debt, Deficits and Exchange Rates presents recent work by Helmut Reisen on current international monetary problems in East Asia and Latin America. Written over the last four years, these papers are readily accessible and of immediate policy relevance. The first part is concerned with the debt problems of developing countries, including the growth of domestic public debt, means of hedging a country's debt portfolio against key currency fluctuations, evidence on the debt overhang hypothesis, an evaluation of the Brady Plan, and how to attract foreign direct investment. This is followed by essays on financial opening which discuss the impact of alternative exchange rate regimes during financial integration, the degree of financial openness in Korea and Taiwan, an appropriate strategy for the liberalization of capital flows, and the relationship between financial opening and capital flows. The final part underlines the need for exchange rate management. Issues considered include New Zealand's experience with a pure float, the use of the theory of optimal currency areas to assess whether Asian countries should peg to the Yen, institutional features of macroeconomic management in Asia, and how Latin America should respond to heavy capital flows.Bringing together under one cover a wealth of analysis, comment and argument by a leading international scholar, this volume will be welcomed by students, teachers and policymakers as an important contribution to understanding international monetary problems in the developing world.

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The mathematical and statistical tools needed in the rapidly growing quantitative finance field With the rapid growth in quantitative finance, practitioners must achieve a high level of proficiency in math and statistics. Mathematical Methods and Statistical Tools for Finance, part of the Frank J. Fabozzi Series, has been created with this in mind. Designed to provide the tools needed to apply finance theory to real world financial markets, this book offers a wealth of insights and guidance in practical applications. It contains applications that are broader in scope from what is covered in a typical book on mathematical techniques. Most books focus almost exclusively on derivatives pricing, the applications in this book cover not only derivatives and asset pricing but also risk management—including credit risk management—and portfolio management. Includes an overview of the essential math and statistical skills required to succeed in quantitative finance Offers the basic mathematical concepts that apply to the field of quantitative finance, from sets and distances to functions and variables The book also includes information on calculus, matrix algebra, differential equations, stochastic integrals, and much more Written by Sergio Focardi, one of the world's leading authors in high-level finance Drawing on the author's perspectives as a practitioner and academic, each chapter of this book offers a solid foundation in the mathematical tools and techniques need to succeed in today's dynamic world of finance.

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