294 products in Books

One of the biggest questions of the financial crisis has not been answered until now: What happened at Lehman Brothers and why was it allowed to fail, with aftershocks that rocked the global economy? In this news-making, often astonishing book, a former Lehman Brothers Vice President gives us the straight answers—right from the belly of the beast. In A Colossal Failure of Common Sense, Larry McDonald, a Wall Street insider, reveals, the culture and unspoken rules of the game like no book has ever done. The book is couched in the very human story of Larry McDonald’s Horatio Alger-like rise from a Massachusetts “gateway to nowhere” housing project to the New York headquarters of Lehman Brothers, home of one of the world’s toughest trading floors.   We get a close-up view of the participants in the Lehman collapse, especially those who saw it coming with a helpless, angry certainty. We meet the Brahmins at the top, whose reckless, pedal-to-the-floor addiction to growth finally demolished the nation’ s oldest investment bank. The Wall Street we encounter here is a ruthless place, where brilliance, arrogance, ambition, greed, capacity for relentless toil, and other human traits combine in a potent mix that sometimes fuels prosperity but occasionally destroys it.   The full significance of the dissolution of Lehman Brothers remains to be measured. But this much is certain: it was a devastating blow to America’s—and the world’s—financial system. And it need not have happened. This is the story of why it did.

Lysander Spooner's discontentment with the Constitution of the United States led him to publish No Treason, which revises significant parts of that document to reduce the power of the state versus individuals. The author was an anti-authoritarian philosopher and legal theorist who had spent his earlier life vigorously campaigning against slavery. Following the American Civil War however, he became horrified at the brutality and carnage that had been unleashed. Redoubling his criticisms, Spooner asserts his dismay that the U.S. government was rendered inert by its Constitution - slavery was only abolished after a long and bloody war, whereas had it been forbade at the outset, no such conflict would have arisen. A strong proponent of natural law - the concept that all humans had rights endowed at the point of their birth - Spooner had a sense of revulsion at how American politics had ensued in the early-to-mid 19th century. It was thus that No Treason was written in the hope of moderating the Constitution to ensure that slavery and bloody recriminations for secession would never again occur. In life, many of Spooner's actions versus authority were successful; his abolitionism consisted of circulating pamphlets including those suggesting guerrilla warfare by slaves, and prefaced the Civil War. Later in life his challenge to the postal monopolies successfully resulted in such monopolies being regulated to the point where mailing became much cheaper for all. Furthermore he advanced a cogent theory of self-employment, believing it a way to laborers avoiding or reducing their exploitation by employers.

Frederick Bastiat dismantles Socialism, the Nanny State, the Welfare State, Pro-Business Cronyism, and all the other forms of government interference in people's lives. He destroys the perverse logic of the Do-Gooders who want to help one group or another because, somehow, it's the fair thing to do. Bastiat shows that the result of all this protection and benevolence is to make people poorer and less free. His lessons and logic are up to date and powerful. Amazingly, the book originally came out in 1850! The Law is a quick read for both the beginner and the neophyte... and one you'll choose to re-read.

AN INSTANT NEW YORK TIMES BESTSELLER A NEXT BIG IDEA CLUB MUST-READ The bestselling author and entrepreneur investigates what would happen if a new financial world order took hold, one in which global elites own everything and you own nothing—and yet you are somehow happy. When Carol Roth first heard that one of the World Economic Forum’s predictions for 2030 was “You will own nothing, and be happy,” she thought it was an outlandish fantasy. Then, she researched it. What she found was that a number of businesses, governments, and global elites share a vision of a future that sounds utopian: Everyone will have everything they need, and no one will own anything. From declines in home and vehicle ownership to global inflation and government spending, many of the trends of modern life reveal that a new world that is emerging—one in which Western citizens, by choice or by circumstance, increasingly do not own possessions or accumulate wealth. It’s the perfect economic environment for the rich and powerful to solidify their positions and prevent anyone else from getting ahead. In You Will Own Nothing¸ Roth reveals how the agendas of Wall Street, world governments, international organizations, socialist activists, and multinational corporations like Blackrock all work together to reduce the power of the dollar and prevent millions of Americans from taking control of their wealth. She shows why owning fewer assets makes you poorer and less free. This book is essential guide to protecting your hard-earned wealth for the coming generations.

A Business Week, New York Times Business, and USA Today Bestseller "Ambitious and readable . . . an engaging introduction to the oddsmakers, whom Bernstein regards as true humanists helping to release mankind from the choke holds of superstition and fatalism." ―The New York Times "An extraordinarily entertaining and informative book." ―The Wall Street Journal "A lively panoramic book . . . Against the Gods sets up an ambitious premise and then delivers on it." ―Business Week "Deserves to be, and surely will be, widely read." ―The Economist "[A] challenging book, one that may change forever the way people think about the world." ―Worth "No one else could have written a book of such central importance with so much charm and excitement." ―Robert Heilbroner author, The Worldly Philosophers "With his wonderful knowledge of the history and current manifestations of risk, Peter Bernstein brings us Against the Gods. Nothing like it will come out of the financial world this year or ever. I speak carefully: no one should miss it." ―John Kenneth Galbraith Professor of Economics Emeritus, Harvard University In this unique exploration of the role of risk in our society, Peter Bernstein argues that the notion of bringing risk under control is one of the central ideas that distinguishes modern times from the distant past. Against the Gods chronicles the remarkable intellectual adventure that liberated humanity from oracles and soothsayers by means of the powerful tools of risk management that are available to us today. "An extremely readable history of risk." ―Barron's "Fascinating . . . this challenging volume will help you understand the uncertainties that every investor must face." ―Money "A singular achievement." ―Times Literary Supplement "There's a growing market for savants who can render the recondite intelligibly-witness Stephen Jay Gould (natural history), Oliver Sacks (disease), Richard Dawkins (heredity), James Gleick (physics), Paul Krugman (economics)-and Bernstein would mingle well in their company." ―The Australian

UPDATED & EXTENDED 2ND EDITION – with a brand-new foreword by Merryn Somerset Webb Let the market come to you Deep Value Investing by Jeroen Bos is an incredibly candid and revealing guide to the secrets of deep value investment. Written by an investor with a long and remarkable track record, it shares for the first time the ins and outs of finding high-potential undervalued stocks before anyone else. Deep value investing means finding companies that are genuine bargains that can pay back phenomenally over the long term. They are firms so cheap that even if they were to close tomorrow their assets would pay you out at a profit. But if they can turn things around, the rewards will be many times greater ... These were the favourite shares of Benjamin Graham, author of The Intelligent Investor. Inspired by Graham's classic and with a long history of discovering these great value stocks – sometimes known as 'bargain issues' or 'netnets' – author and investor Jeroen Bos reveals: - how to use only publicly available information to discover these shares and filter the gold from the dross - everything he did when analysing, purchasing, monitoring and selling more than ten recent successful deep value investments - the complete philosophy behind deep value investing, and the ins and outs of this strategy in practice - what can go wrong and how to minimise the chances of it happening to you. Deep value investing has a better track record than almost any other approach to the market. Even better, it doesn't require minute and technical knowledge of a company, nor is it fixated on earnings or often-unreliable future projections. It's all about the balance sheet and patience. This makes it the perfect investing approach for those who want to see phenomenal stock market returns without wasting time or commission costs.

Praise For Damn Right! From the author of the bestselling WARREN BUFFETT SPEAKS "Charlie Munger, whose reputation is deep and wide, based on an extraordinary record of brilliantly successful business strategies, sees things that others don’t. There is a method to his mastery and, through this book, we get a chance to learn about this rare individual." ――MICHAEL EISNER, Chairman and CEO, The Walt Disney Company "Janet Lowe uncovers the iconoclastic genius and subtle charm behind Charlie Munger’s curmudgeonly facade in this richly woven portrait of our era’s heir to Ben Franklin. With a biographer’s detachment, an historian’s thoroughness, and a financial writer’s common sense, Lowe produces a riveting account of the family, personal, and business life of this idiosyncratically complex and endlessly fascinating figure." ――LAWRENCE A. CUNNINGHAM, Cardozo Law School, Author of The Essays of Warren Buffett: Lessons for Corporate America "For years, Berkshire Hathaway shareholders and investors worldwide (me included) have struggled to learn more about Warren Buffett’s cerebral sidekick. Now we can rest and enjoy reading Janet Lowe’s book about this rare intellectual jewel called Charlie Munger." ――ROBERT G. HAGSTROM, Author of The Warren Buffett Way "Charlie has lived by the creed that one should live a life that doesn't need explaining. But his life should be explained. In a city where heroism is too often confused with celebrity, Charlie is a true hero and mentor. He lives the life lessons that he has studiously extracted from other true heroes and mentors, from Ben Franklin to Ben Graham. This book illuminates those life lessons." ――RONALD L. OLSON, Munger, Tolles & Olson LLP "Janet Lowe’s unprecedented access to Charlie Munger and Warren Buffett has resulted in a first-class book that investors, academics, and CEOs will find entertaining and highly useful." ――TIMOTHY P. VICK, Money Manager and Author of How to Pick Stocks Like Warren Buffett

FOREWORD BY JAY BHATTACHARYA, MD, PHD You remember the story: some locations did better than others on Covid because those places followed the rules, and others foolishly ignored them. Covid spread was your fault, you science hater! There is precisely zero evidence behind any aspect of this morality play, which is demolished by this book. Diary of a Psychosis is different from all other books on Covid: it traces the development of the government response as it happened, bit by bit, and subjects it to relentless scrutiny: did any of it do any good? It thereby preserves some of the crucial day-to-day details that other chronicles have forgotten. And it's those little details of the bizarre behavior of those years that, presented together, preserve for the reader the full horror of the madness of those dark days. The more people know the information in this book, the harder it will be for the ruling classes to do this to us again.

Downtown White Police: Demonizing the Alpha Cop, Glorifying Thugs, and Militarizing Law Enforcement is a take-no-prisoners exposé of the forces at work in American society that are leading us down the dangerous path to a militarized police force. Former police officer James Lancia excuses no one for what is happening in the nation today. Rather, through a riveting blend of real-life cop stories and social and political analysis, he explains the situation like only an insider can. Downtown White Police discloses not only the disturbing fact that our police are becoming militarized, but also explains why this troubling trend is happening—and why it has little to do with race. What’s more, Lancia reveals how the media, the entertainment industry, politicians, and social justice advocates are shamelessly hyping the news and creating a false paradigm that demonizes the alpha cop and glorifies the criminals in order to fundamentally change law enforcement into an agent of the federal government. Whether you’re concerned about your own safety or about the future of our democracy, your eyes will be opened to the reality of crime and the need for citizens to act in order to preserve our civil liberties—before it´s too late.

Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the ingrained mental habits that cost them money.  He takes on the myths of the market and exposes them one by one teaching traders to look beyond random outcomes, to understand the true realities of risk, and to be comfortable with the "probabilities" of market movement that governs all market speculation.

From the author of The BFG and Matilda! Willy Wonka's famous chocolate factory is opening at last! But only five lucky children will be allowed inside. And the winners are: Augustus Gloop, an enormously fat boy whose hobby is eating; Veruca Salt, a spoiled-rotten brat whose parents are wrapped around her little finger; Violet Beauregarde, a dim-witted gum-chewer with the fastest jaws around; Mike Teavee, a toy pistol-toting gangster-in-training who is obsessed with television; and Charlie Bucket, Our Hero, a boy who is honest and kind, brave and true, and good and ready for the wildest time of his life!

Join the technological revolution that's taking the financial world by storm. Mastering Bitcoin is your guide through the seemingly complex world of Bitcoin, providing the knowledge you need to participate in the internet of money. Whether you're building the next killer app, investing in a startup, or simply curious about the technology, this revised and expanded third edition provides essential detail to get you started. Bitcoin, the first successful decentralized digital currency, has already spawned a multibillion-dollar global economy open to anyone with the knowledge and passion to participate. Mastering Bitcoin provides the knowledge. You supply the passion. The third edition includes: * A broad introduction to Bitcoin and its underlying blockchain—ideal for nontechnical users, investors, and business executives * An explanation of Bitcoin's technical foundation and cryptographic currency for developers, engineers, and software and systems architects * Details of the Bitcoin decentralized network, peer-to-peer architecture, transaction lifecycle, and security principles * New developments such as Taproot, Tapscript, Schnorr signatures, and the Lightning Network * A deep dive into Bitcoin applications, including how to combine the building blocks offered by this platform into powerful new tools * User stories, analogies, examples, and code snippets illustrating key technical concepts