Living in Southern California, Gary Carmell has become very familiar with tectonic shifts: cataclysmic changes in the Earth´s crust that cause earthquakes and tsunamis. Carmell has also experienced numerous tectonic shifts in the economic landscape in his nearly 30-year investing career. Correctly anticipating economic trends has allowed his real estate investment and management firm, CWS Capital Partners LLC, to grow from assets of $250 million in the late 1980s to over $3 billion today. CWS foresaw the collapse of manufactured housing in the late 1990s and anticipated a massive shift from homeownership to renting, prompting them to reposition aggressively for growth in apartment construction and management. Carmell feels special pride in the results his company delivers for its investors as a result - long-term average annual returns exceed 13 percent - even during the Great Recession of 2007 - 2009. Navigating turbulent economic markets and experiencing his two-year-old son´s near-fatal stroke has taught Carmell that real success requires not only financial acumen but also deep reflection. He credits Shakespeare, Hume, and Schopenhauer as his mentors, with more modern sages like Buffett, Soros, and Munger also guiding his actions. In The Philosophical Investor: From Wisdom to Wealth, he shares the insights he has gained along the way in the hope of inspiring a new cadre of critical thinking investors. 1. Language: English. Narrator: Brian Holsopple. Audio sample: http://samples.audible.de/bk/gren/000026/bk_gren_000026_sample.mp3. Digital audiobook in aax.
How do TV shows, vending machines, Chinese taxi companies, and a former UK prime minister point to a gold bubble that is about to burst? Many investors consider gold a ´´safe haven´´ that will shelter them from recessions, falling markets, and the depreciating value of currency. Many fail to realize, however, that investing in gold at these levels is extremely risky. ´´We Buy Gold´´ stores line busy streets, gold miners are no longer protecting themselves from a potential drop in prices, and gold is even being sold in vending machines. All this points to one thing: a gold bubble has formed and will collapse very soon, hurting investors, funds, and banks. In Gold Bubble: Profiting From Gold´s Impending Collapse, Yoni Jacobs looks at how you can protect yourself. Presenting an in-depth analysis of gold dating back over a hundred years, the book explores the structural factors that have allowed gold to form a bubble, why an investor psychology of fear and greed is leading to extremely speculative behavior, why gold will fall during an upcoming recession, what effect the dollar and the stock market will have on the future of gold prices, and how to profit from a gold collapse while the majority of investors lose out. There are plenty of warning signs that gold is about to decline and this book will help you to get ready. Gold Bubble is the only book to argue that a gold bust is coming, going head-to-head with the herd mentality. Filled with practical advice on how to protect yourself and even profit from gold´s collapse by being prepared for what´s ahead. With gold prices up over 2,500 percent since 1970, and more than 600 percent since 1999, a bubble has formed and is on the verge of bursting. But until now, no one has been willing to publicly bet against the universal currency. With Gold Bubble you are ready to meet this challenge head on, and take advantage of what other investors won´t eve 1. Language: English. Narrator: Norman Dietz. Audio sample: http://samples.audible.de/bk/adbl/004739/bk_adbl_004739_sample.mp3. Digital audiobook in aax.
A book that is certain to spark controversy within the financial media and throughout the halls of government, The Coming Bond Market Collapse sounds a clarion call to investors, business leaders, and policymakers. Author Michael Pento, a noted adherent of the Austrian school of economics theories, compellingly argues that the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of that bubble will trigger a massive interest rate shock that will send the U.S. consumer-driven economy and the U.S. government - now pumped up by massive Treasury debt - into bankruptcy, an event that, in turn, will send violent shockwaves throughout the global economy. Backed by a wealth of historical and economic data, Mr. Pento examines how the policies followed by both the Federal Reserve and private industry have led, inexorably, to the impending disaster, and he exposes alarming parallels between the U.S. and European debt crises. But this book isn´t all doom and gloom. A top market analyst who accurately foretold the bursting of the housing bubble in most major print and TV media, Michael Pento also provides well-reasoned solutions that government, industry, and individual investors can take to insulate themselves against the coming crisis. Just as importantly, Mr. Pento delivers proven strategies and tools investors can use to successfully navigate the rocky times ahead and to not only survive the crisis, but capitalize on it. 1. Language: English. Narrator: Noah Michael Levine. Audio sample: http://samples.audible.de/bk/adbl/013676/bk_adbl_013676_sample.mp3. Digital audiobook in aax.
When Dr. Stephen Leeb speaks, smart investors take heed. In his previous books, Dr. Leeb predicted the great bull market of the 1990s and the collapse of technology shares in the new millennium. Now, in The Coming Economic Collapse, Dr. Leeb shows that the U.S. economy is standing on the brink of the biggest crisis in history. As the fast-growing economies of China and India push global demand for oil beyond production capacity, Americans will experience a permanent energy shortfall far worse than the one in the 1970s. The result will be severe financial hardship for most people, and once-in-a-lifetime opportunities for investors to become incredibly rich. This is an urgent call-to-arms to avert an all-but-certain catastrophe and a survival kit for an era that offers us only two financial choices: poverty or wealth. 1. Language: English. Narrator: Brian Emerson. Audio sample: http://samples.audible.de/bk/blak/001685/bk_blak_001685_sample.mp3. Digital audiobook in aax.
How investor expectations move markets and the economy The collapse of Lehman Brothers in September 2008 caught markets and regulators by surprise. Although the government rushed to rescue other financial institutions from a similar fate after Lehman, it could not prevent the deepest recession in postwar history. A Crisis of Beliefs makes us rethink the financial crisis and the nature of economic risk. In this authoritative and comprehensive book, two of today´s most insightful economists reveal how our beliefs shape financial markets, lead to expansions of credit and leverage, and expose the economy to major risks. Nicola Gennaioli and Andrei Shleifer carefully walk listeners through the unraveling of Lehman Brothers and the ensuing meltdown of the US financial system, and then present new evidence to illustrate the destabilizing role played by the beliefs of home buyers, investors, and regulators. Using the latest research in psychology and behavioral economics, they present a new theory of belief formation that explains why the financial crisis came as such a shock to so many people - and how financial and economic instability persist. 1. Language: English. Narrator: Trevor Thompson. Audio sample: http://samples.audible.de/bk/tant/015159/bk_tant_015159_sample.mp3. Digital audiobook in aax.
New York Times Best Seller Dr. Mohamed A. El-Erian, one of the world´s most influential economic thinkers and the author of When Markets Collide, has written a road map to what lies ahead and the decisions we must make now to stave off the next global economic and financial crisis. Our current economic path is coming to an end. The signposts are all around us: sluggish growth, rising inequality, stubbornly high pockets of unemployment, and jittery financial markets, to name a few. Soon we will reach a fork in the road: One path leads to renewed growth, prosperity, and financial stability, the other to recession and market disorder. In The Only Game in Town, El-Erian casts his gaze toward the future of the global economy and markets, outlining the choices we face both individually and collectively in an era of economic uncertainty and financial insecurity. Beginning with their response to the 2008 global crisis, El-Erian explains how and why our central banks became the critical policy actors - and, most important, why they cannot continue in this role alone. They saved the financial system from collapse and a multiyear economic depression in 2008 but lack the tools to enable a return to high inclusive growth and durable financial stability. The time has come for a policy handoff, from a prolonged period of monetary policy experimentation to a strategy that better targets what ails economies and distorts the financial sector - before we stumble into another crisis. The future, critically, is not predestined. It is up to us to decide where we will go from here as households, investors, companies, and governments. Using a mix of insights from economics, finance, and behavioral science, this book gives us the tools we need to properly understand this turning point, prepare for it, and come out of it stronger. A comprehensive, controversial look at the realities of our global economy and markets, The Only 1. Language: English. Narrator: Dan Woren. Audio sample: http://samples.audible.de/bk/rand/004544/bk_rand_004544_sample.mp3. Digital audiobook in aax.
More than 80 million investors lost 50 to 80 percent of their savings in the recent stock market crash. Investor´s Business Daily publisher William J. O´Neil, however, was one of the first to see, and warn investors about, the dangers inherent in what had been, up to that point, a historic bull market run. Those who followed his counsel were able to sidestep devastating losses and emerge with their sizable bull market profits largely intact. In The Successful Investor, O´Neil steps up to tell all investors how they can make money and, more important, avoid losses in up markets, down markets, and everything in between. Showing how mistakes made in the recent market collapse were amazingly similar to those made in previous down cycles, O´Neil reveals simple steps investors can follow to avoid costly mistakes and: Buy only the best stocks at only the best times Follow a market-tested 3-to-1 Profit-and-Loss Percentage Plan Know when to sell for the biggest possible profit Recognize chart patterns that presage enormous market moves Manage a portfolio over time to maximize its returns William O´Neil has succeeded in virtually every market environment by following a stable, non-emotional investment plan. In his latest book, O´Neil explains how anyone can follow that plan to become a profitable long-term investor, regardless of market tides or turns. 1. Language: English. Narrator: Alan Sklar. Audio sample: http://samples.audible.de/bk/graw/000043/bk_graw_000043_sample.mp3. Digital audiobook in aax.
Advice on protection and profits in the short and long term future from the experts who accurately predicted the financial crisis of 2008, and who now have more detailed information about what is yet to come.From the authors who accurately predicted the domino fall of the conjoined real estate, stock, and private debt bubbles that led to the financial crisis of 2008 comes the definitive guide to protection and profit in 2012 and beyond. Based on the authors´ unmatched track record of precision predictions in their three landmark books, America´s Bubble Economy (Wiley, 2006), Aftershock (Wiley, 2009), and Aftershock, Second Edition (Wiley, 2011), their next book offers what readers have been clamoring for: A detailed guide to how to put Aftershock in action, with 14 new chapters on what investors need to know to survive and thrive in the next global money meltdown. The Aftershock Investor shows readers:Why recent actions by the U.S. Federal Reserve will eventually damage the dollar and hurt investors worldwideHow future rising inflation and interest rates will harm your specific investments, and what to do about itWhat´s next for stocks, bonds, currencies, commodities, and other assetsDetailed investment advice about real estate, retirement, annuities, life insurance, jobs, and much moreHow to buy and own gold and silver before, during, and after the coming AftershockHow to profit rather than lose when so many asset bubbles collapse around the worldThose who heeded the authors´ warnings last time were able to successfully ride out the financial crisis of 2008 and even cash in on the years that followed. Now The Aftershock Investor offers readers a second chance at protection and profit in the next financial crisis ahead.PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library sec 1. Language: English. Narrator: Allan Robertson. Audio sample: http://samples.audible.de/bk/adbl/013965/bk_adbl_013965_sample.mp3. Digital audiobook in aax.
This is a summary of New York Times best-seller The Only Game in Town by Dr. Mohamed A. El-Erian. One of the world´s most influential economic thinkers and the author of When Markets Collide has written a roadmap to what lies ahead and the decisions we must make now to stave off the next global economic and financial crisis. Our current economic path is coming to an end. The signposts are all around us: sluggish growth, rising inequality, stubbornly high pockets of unemployment, and jittery financial markets, to name a few. Soon we will reach a fork in the road: One path leads to renewed growth, prosperity, and financial stability, the other to recession and market disorder. In The Only Game in Town, El-Erian casts his gaze toward the future of the global economy and markets, outlining the choices we face both individually and collectively in an era of economic uncertainty and financial insecurity. Beginning with their response to the 2008 global crisis, El-Erian explains how and why our central banks became the critical policy actors - and, most importantly, why they cannot continue is this role alone. They saved the financial system from collapse in 2008 and a multiyear economic depression, but lack the tools to enable a return to high inclusive growth and durable financial stability. The time has come for a policy handoff, from a prolonged period of monetary policy experimentation to a strategy that better targets what ails economies and distorts the financial sector - before we stumble into another crisis. The future, critically, is not predestined. It is up to us to decide where we will go from here as households, investors, companies, and governments. Using a mix of insights from economics, finance, and behavioral science, this book gives us the tools we need to properly understand this turning point, prepare for it, and come out of it stronger. 1. Language: English. Narrator: Doron Alon. Audio sample: http://samples.audible.de/bk/acx0/061329/bk_acx0_061329_sample.mp3. Digital audiobook in aax.