Fooled By Randomness
The Hidden Role Of Chance In Life And In The Markets
Paperback ISBN: 0812975219
The founder of a trading firm and risk management organization argues that randomness and probability have a profound influence on human life, as well as the consistent inability of humans to recognize that role, and explains how to differentiate between randomness in general and the financial markets in particular. Reprint. 25,000 first printing.
Broke Millennial Takes on Investing
A Beginner's Guide to Leveling Up Your Money
Paperback ISBN: 0143133640
This second installment in the Broke Millennial is a hands-on guide to investment basics that will help anyone new to investing become a confident player in the market on their way to building wealth. Original.
Heads I Win, Tails I Win
Why Smart Investors Fail and How to Tilt the Odds in Your Favor
Hardcover ISBN: 0399563202
A lighthearted financial parable by the Wall Street Journal "Ahead of the Tape" columnist challenges common investing approaches to explain how they undermine even the most savvy investor's returns, sharing reliable strategies that have a potential to multiply typical retirement nest eggs.
A Random Walk Down Wall Street
The Time-Tested Strategy for Successful Investing
Paperback ISBN: 0393352242
Newly revised and updated with information on exchange-traded funds and investment opportunities in emerging markets, a trusted investment guide is filled with core insights and expert advice on stocks, bonds, money markets, real estate investment trusts, home ownership and more.
The Road to Ruin
The Global Elites' Secret Plan for the Next Financial Crisis
Hardcover ISBN: 1591848083
A counselor and investment banker discusses how to prepare for the next looming financial crisis and discusses why he believes the government is behind these crises that ultimately prop up the global elite and ruin the average investor.
The Only Investment Guide You'll Ever Need
Paperback ISBN: 0156029634
A revised edition of the popular guide covers the latest tax laws and features a humorous, reader-friendly design, in a volume that includes coverage of stocks, Internet investing, and tuition and retirement savings. By the author of My Vast Fortune. Original. 100,000 first printing.
The 3% Signal
The Investing Technique That Will Change Your Life
Paperback ISBN: 0142180955
Take the stress out of investing with this revolutionary new strategy from the author of The Neatest Little Stock Market Investing, now in its fifth edition In today’s troubling economic times, the quality of our retirement depends upon our own portfolio management. But for most of us, investing can be stressful and confusing, especially when supposedly expert predictions fail. Enter The 3% Signal. Simple and effective, Kelly’s plan can be applied to any type of account, including 401(k)s?and requires only fifteen minutes of strategizing per quarter. No stress. No noise. No confusion. By targeting three percent growth and adjusting holdings to meet that goal, even novice investors can level the financial playing field and ensure a secure retirement free from the stress of noisy advice that doesn't work. The plan's simple technique cuts through the folly of human emotion by reacting intelligently to price changes and automatically buying low and selling high. Relayed in the same easy-to-understand language that has made The Neatest Little Guide to Stock Market Investing such a staple in the investing community, The 3% Signal is sure to become your most trusted guide to investing success.
Accounting for Value
Hardcover ISBN: 0231151187
Accounting for Value teaches investors and analysts how to handle accounting in evaluating equity investments. The book shows that valuation and accounting are much the same: Valuation is actually a matter of accounting for value. Laying aside many of the tools of modern financeùthe cost-of-capital, the Capital Asset Pricing Model, and discounted cash flow analysisùStephen Penman returns to the common-sense principles that have long guided fundamental investing: Price is what you pay but value is what you get; the risk in investing is the risk of paying too much; anchor on what you know rather than on speculation; and beware of paying too much for speculative growth. Penman puts these ideas in touch with the quantification supplied by accounting, producing practical tools for the intelligent investor. Accounting for value provides protection from paying too much for a stock and clues the investor in to the likely return from buying growth. Strikingly, the analysis finesses the need to calculate a "cost-of-capital;' which often frustrates the application of modern valuation techniques. Accounting for value recasts "value" versus "growth" investing and explains such curiosities as why earnings-to-price and book-to-price ratios predict stock returns. By the end of the book, Penman has the intelligent investor thinking like an intelligent accountant, better equipped to handle the bubbles and crashes of our time. For accounting regulators, Penman also prescribes a formula for intelligent accounting reform, engaging with such controversial issues as fair value accounting.
All About Asset Allocation
Paperback ISBN: 0071700781
A brand-new edition of one of our bestselling All About titles! - This is one of the most successful titles in the All About series, with over 20,000 copies sold - Includes a Foreword by William Bernstein - NEW: Material on increasingly popular behavioral finance methods Richard A. Ferri, CFA (Troy, MI), is president and senior portfolio manager of Portfolio Solutions, LLC, adjunct professor of finance at Walsh College in Michigan, and the author of three investing books.
Brandes on Value
The Independent Investor
Hardcover ISBN: 0071849351
"The classic guide for today's value investor--with the author's perspectives on the value mindset and effective stock picking Brandes on Value, by Charles Brandes examines why the value discipline to stock selection has been so successful since first introduced by Benjamin Graham in the 1930s. Includes insights into value investing in the real world; risk and risk analysis; thinking globally, active vs. passive investing; value bonds, navigating the financial crisis and Japan's lost decades; exploiting investor behavior, and insightful research from the Brandes Institute"--