A timeless approach to investing wisely over an investment lifetime With the current market maelstrom as a background, this timely guide describes just how to plan a lifetime of investing, in good times and bad, discussing stocks and bonds as well as the relationship between risk and return. Filled with in-depth insights and practical advice, The Investor´s Manifesto will help you understand the nuts and bolts of executing a lifetime investment plan, including: how to survive dealing with the investment industry, the practical meaning of market efficiency, how much to save, how to maintain discipline in the face of panics and manias, and what vehicles to use to achieve financial security and freedom. * Written by bestselling author William J. Bernstein, well known for his insights on how individual investors can manage their personal wealth and retirement funds wisely * Examines how the financial landscape has radically altered in the past two years, and what investors should do about it * Contains practical insights that the everyday investor can understand * Focuses on the concept of Pascal´s Wager-identifying and avoiding worst-case scenarios, and planning investment decisions on that basis With The Investor´s Manifesto as your guide, you´ll quickly discover the timeless investment approaches that can put you in a better position to prosper over time.
Summary: The Investor´s Manifesto:Review and Analysis of Bernstein´s Book BusinessNews Publishing
The Investor´s Manifesto:Preparing for Prosperity, Armageddon, and Everything in Between William J. Bernstein
As recently as a generation or two ago, the lack of financial ability wasn´t a handicap for the average person. But in today´s world - where most of us have been forced to manage our own investment and retirement portfolios - it has become essential to understand the finer points of our financial life. While the meltdown of 2008 - 2009 has compounded the complexity of the investment landscape, timeless investment principles can help you navigate even the toughest investment terrain. That´s why best-selling author William Bernstein - a grassroots hero to independent investors - has written The Investor´s Manifesto. Approaching the problems of investing and saving from the perspective of someone who has had to figure it out for himself, Bernstein knows firsthand how difficult these endeavors can be - especially for those with little professional experience in this arena. Now, with the current market maelstrom as a backdrop, he skillfully describes what it takes to plan for a lifetime of investing, discussing stocks and bonds as well as the relationship between risk and return. Potentially generous returns are available to the brave, the disciplined, and the liquid. If you follow the advice found here and keep your head while others lose theirs, then you will have a fighting chance of avoiding the financial pitfalls in front of you and profiting over the long-term. 1. Language: English. Narrator: Scott Peterson. Audio sample: http://samples.audible.de/bk/gdan/000334/bk_gdan_000334_sample.mp3. Digital audiobook in aax.
There are factors that produce immense profits and these occur rarely. Investors stand at a unique point in monetary history where the death of paper currencies on a global scale is taking place before their eyes. Because most are frozen into inside-the-box thinking, few investors will ride the next move as silver (and gold) skyrocket in the years ahead. In fact the primary purpose of this book is to educate the listener as to why there is no way out of the financial morass created by the financial elite. We have reached the point where the savvy few understand what is happening and take action, while the rest are left watching, thinking the precious metals bull market is dead. The authors explore when to expect the next bull market to begin and why, how the 2008 financial crisis has been ´´papered over´´ and what to watch for going forward. The real supply and demand looking at both industrial and monetary demand. Money and banking - what fractional reserve banking means to currency and bullion. The best surest method to stay in the profit zone and not worry about the wild price swings. How to pick a mining company - this information is priceless. Most who are taught this methodology have a degree in finance, but we break it down for the average investor. The silver manipulation story - the facts, more facts, and the irrefutable facts. The biggest concern of all investors: The debt bomb! PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio. 1. Language: English. Narrator: Ryan Brooks. Audio sample: http://samples.audible.de/bk/acx0/043486/bk_acx0_043486_sample.mp3. Digital audiobook in aax.
Evidence is the key to investment success. Odds On: The Making of an Evidence-Based Investor isn´t just another investment advice book. It´s a memoir, a manifesto, and a guide to the way investing should be. Odds On describes author Matt Hall´s role in an ongoing revolution in the investment world: the shift from a traditional sales-driven, active-management model to a model that draws on academic evidence to better serve the real interests of investors. Matt´s story begins with his first exposure to Wall Street, where he becomes disillusioned with the traditional investing model due to its inability to truly help clients. He stumbles into the emerging evidence-based investing world, and learns how to help investors reach their goals through methods that reflect the limits of our abilities to predict which investments will deliver the highest returns. Matt´s unique approach to investing is built on a dual foundation of knowledge and purpose: knowledge gained through evidence-based strategies involving research, data, and logic, and purpose gained by personal reflection on what money and success truly mean. In Odds On, Matt´s storytelling makes financial topics truly relevant and easy to understand, while his investment philosophy offers listeners a chance to move beyond decisions based on anxiety and confusion, and manage wealth in ways that lead to greater success and a richer life. 1. Language: English. Narrator: Matt Hall. Audio sample: http://samples.audible.de/bk/gren/000033/bk_gren_000033_sample.mp3. Digital audiobook in aax.
Innovation is the subject of countless books and courses, but there´s very little out there about how you actually innovate. Innovation and entrepreneurship are not one and the same, although aspiring innovators often think of them that way. They are told to get an idea and a team and to build a show-and-tell for potential investors. In Innovating, Luis Perez-Breva describes another approach - a doer´s approach developed over a decade at MIT and internationally in workshops, classes, and companies. He shows that to start innovating doesn´t require an earth-shattering idea; all it takes is a hunch. Anyone can do it. By prototyping a problem and learning by being wrong, innovating can be scaled up to make an impact. As Perez-Breva demonstrates, ´´no thing is new´´ at the outset of what we only later celebrate as innovation. In Innovating, the process is shown to be empirical, experimental, nonlinear, and incremental. You give your hunch the structure of a problem. Anything can be a part. Your innovating accrues other people´s knowledge and skills. Perez-Breva describes how to create a kit for innovating and outlines questions that will help you think in new ways. Finally, he shows how to systematize what you´ve learned: to advocate, communicate, scale up, manage innovating continuously, and document - ´´you need a notebook to converse with yourself,´´ he advises. Everyone interested in innovating also needs to get this audiobook. 1. Language: English. Narrator: Tim Andres Pabon. Audio sample: http://samples.audible.de/bk/gdan/002145/bk_gdan_002145_sample.mp3. Digital audiobook in aax.
Advice on managing your wealth from best-selling author Bill Bonner. From trusted New York Times best-selling author Bill Bonner comes a radical new way to look at family money and a practical, actionable guide to getting and maintaining multigenerational wealth. Family Fortunes: How to Build Family Wealth and Hold on to It for 100 Years is packed with useful information, interwoven with Bonner´s stories about his own family´s wealth philosophy and practices. A comprehensive guide that shows how families can successfully preserve their estates by ignoring most of what people think they know about ´´the rich´´ and, instead, training and motivating all family members to work together toward a very uncommon goal. This book is a must-read for all individual investors—even those who do not plan to leave money to their children—because it challenges many of the most ubiquitous principles and rules of investing. You might expect a book on family wealth to be extremely conservative in its outlook. Instead, the Bonners announce what is practically a revolutionary manifesto. They explain: Why family money should NOT be invested in ´´safe, conservative´´ investments Why charitable giving is usually a waste of money, or worse Why it is NOT a good idea to let children go their own way Why you can´t trust wealth ´´professionals´´ and why you should never entrust your money to money managers Why giving your children as much education as possible is NOT a good idea Why Warren Buffett and the rest of the rich people asking for higher tax rates are wrong to take ´´the pledge´´ Why Wall Street is a graveyard for capital, why most celebrity CEOs are a threat to the businesses they run, why modern capitalism is a failure, and more You will come away with a very different idea as to what family wealth is all about. It is not stodgy. Not boring. Not moss-backed... 1. Language: English. Narrator: Brett Barry. Audio sample: http://samples.audible.de/bk/adbl/005804/bk_adbl_005804_sample.mp3. Digital audiobook in aax.
**USA Today bestseller and Wall Street Journal business bestseller** They say John Maynard Keynes called gold a ´´barbarous relic.´´ They say there isn´t enough gold to support finance and commerce. They say the gold supply can´t increase fast enough to support world growth. They´re wrong. In this bold manifesto, bestselling author and economic commentator James Rickards steps forward to defend gold-as both an irreplaceable store of wealth and a standard for currency. Global political instability and market volatility are on the rise. Gold, always a prudent asset to own, has become the single most important wealth preservation tool for banks and individuals alike. Rickards draws on historical case studies, monetary theory, and personal experience as an investor to argue that: ? The next financial collapse will be exponentially bigger than the panic of 2008. ? The time will come, sooner rather than later, when there will be panic buying and only central banks, hedge funds, and other big players will be able to buy any gold at all. ? It´s not too late to prepare ourselves as a nation: there´s always enough gold for a gold standard if we specify a stable, nondeflationary price. Providing clear instructions on how much gold to buy and where to store it, the short, provocative argument in this book will change the way you look at this ´´barbarous relic´´ forever.
Here is a fearless and incisive manifesto that exposes the real causes of President Obama´s failure to enact liberal reform, by the former editor of Harper´s magazine. Americans find themselves in genuine confusion and dismay concerning the actions of President Obama´s administration, especially when it comes to the financial crisis and health care. Obama´s reform packages, passed with great fanfare, ignore the most significant perils facing the United States. In The Mendacity of Hope, Roger D. Hodge makes the provocative case that substantive reform was never even on the table. Behind the euphoria of Obama´s victory was in fact a business-as-usual corporate machine, a bloc of political investors, campaign contributors, and lobbyists expecting big returns on their investments. And what a return they have received: in one bailout after another, for the health insurance industry as well as for Wall Street, Obama made sure that the Democratic Party´s most powerful investors made out like bandits. None of Obama´s most important campaign promises - ending the Iraq war, abolishing torture, closing Guantánamo, changing Washington´s culture of corruption - have come to pass. Instead, he has escalated the conflict in Afghanistan, bailed out the bankers, and institutionalized the civil rights abuses of the Bush regime. Another president might have played the forces of corporate interest differently, but Hodge argues that the fantasy of American politics is that a different kind of president is possible without a fundamental reform of our political system. Americans bought into the delusion that one man could bring change to Washington, but instead of reform we´ve seen a continuation of George W. Bush´s assault on the Constitution. Obama´s presidency has demonstrated that mere hope is never enough, that change will come only when the American people take charge of their own politics. A brilliantly crafted call to arms, The Mend... 1. Language: English. Narrator: James Lurie. Audio sample: http://samples.audible.de/bk/harp/002309/bk_harp_002309_sample.mp3. Digital audiobook in aax.