The Investment Answer

Author : Gordon Murray
Publisher : Business Plus
ISBN 13 : 1455503290
Total Pages : 86 pages
Book Rating : 4.92/5 ( download)

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Download or read book The Investment Answer written by Gordon Murray and published by Business Plus. This book was released on 2011-01-12 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: What if there were a way to cut through all the financial mumbo-jumbo? Wouldn't it be great if someone could really explain to us-in plain and simple English-the basics we must know about investing in order to insure our financial freedom? At last, here's good news. Jargon-free and written for all investors-experienced, beginner, and everyone in between-The Investment Answer distills the process into just five decisions-five straightforward choices that can lead to safe and sound ways to manage your money. When Wall Street veteran Gordon Murray told his good friend and financial advisor, Dan Goldie, that he had only six months to live, Dan responded, "Do you want to write that book you've always wanted to do?" The result is this eminently valuable primer which can be read and understood in one sitting, and has advice that benefits you, not Wall Street and the rest of the traditional financial services industry. The Investment Answer asks readers to make five basic but key decisions to stack the investment odds in their favor. The advice is simple, easy-to-follow, and effective, and can lead to a more profitable portfolio for every investor. Specifically: Should I invest on my own or seek help from an investment professional? How should I allocate my investments among stocks, bonds, and cash? Which specific asset classes within these broad categories should I include in my portfolio? Should I take an actively managed approach to investing, or follow a passive alternative? When should I sell assets and when should I buy more? In a world of fast-talking traders who believe that they can game the system and a market characterized by instability, this extraordinary and timely book offers guidance every investor should have.

Author : Robert K. Dixit
Publisher : Princeton University Press
ISBN 13 : 1400830176
Total Pages : 484 pages
Book Rating : 4.76/5 ( download)

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Download or read book Investment under Uncertainty written by Robert K. Dixit and published by Princeton University Press. This book was released on 2012-07-14 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In this book, Avinash Dixit and Robert Pindyck provide the first detailed exposition of a new theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made. In so doing, they answer important questions about investment decisions and the behavior of investment spending. This new approach to investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy concerning investment; and shows how the theory can be applied to specific industries and to a wide variety of business problems.

Author : Dean LeBaron
Publisher : John Wiley & Sons
ISBN 13 : 0471233420
Total Pages : 322 pages
Book Rating : 4.28/5 ( download)

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Download or read book Dean LeBaron's Treasury of Investment Wisdom written by Dean LeBaron and published by John Wiley & Sons. This book was released on 2002-10-08 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dean LeBaron's Treasury of Investment Wisdom Today, investors are faced with an information overload when it comes to investment opportunities. It's hard to find straight answers on which investment vehicles are the best, which ones will last, and what opportunities truly suit your needs. Dean LeBaron's Treasury of Investment Wisdom easily answers all these questions for you. This comprehensive guide to the world's greatest investment ideas and thinkers gives you everything you need to understand today's complex and exciting investment landscape. "There have been other books on investment gurus, but none as complete nor as entertaining as this one. Dean LeBaron has produced an enlightening, thorough, and thought-provoking compendium of the thinking of many of the nation's investment professionals. It covers all the major investment styles and vehicles, from active portfolio management to venture capital, and offers theoretical insights into everything from behavioral finance to market efficiency, providing point and counterpoint. It's a must read." -Michael J. Clowes, editorial director, Pensions & Investments and Investment News and author of The Money Flood: How Pension Funds Revolutionized Investing Filled with commentaries and opinions on a wide range of must-know investment issues, Dean LeBaron's Treasury of Investment Wisdom is your guide to a profitable investing future. Take your investment knowledge to the next level with one-of-a-kind insights that have made the best investors in the world what they are today.

Author : Larry Swedroe
Publisher : McGraw Hill Professional
ISBN 13 : 0071833277
Total Pages : 160 pages
Book Rating : 4.71/5 ( download)

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Download or read book Think, Act, and Invest Like Warren Buffett (PB) written by Larry Swedroe and published by McGraw Hill Professional. This book was released on 2014-03-07 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bedrock investing principles for profiting in today’s shaky markets If you wanted to create the next earth-shattering consumer product, Steve Jobs would be an ideal role model to follow. If you planned to become a great golfer, you might look to Arnold Palmer or Jack Nicklaus. So, if your goals were to outperform other investors and achieve your life’s financial goals, what should you do? Think, act and invest like the best investor out there: Warren Buffett. While you can’t invest exactly like he does, Think, Act, and Invest Like Warren Buffett provides a solid, sensible investing approach based on Buffett’s advice regarding investment strategies. When it comes to investing, Director of Research for the BAM Alliance and CBS News blogger Larry Swedroe has pretty much seen it all—and he’s come to the conclusion that simple is better, that adopting basic investing principles always increases an investor’s chance of success and that Buffett is the perfect model for such investing. In Think, Act, and Invest Like Warren Buffett, Swedroe provides the foundational knowledge you need to: Develop a financial plan to help you make rational decisions on a consistent basis Determine the level of risk that’s right for you and allocate your assets accordingly Create a strong portfolio that will weather any economic storm Manage your portfolio—rebalance periodically to maintain proper risk levels The beauty of the Buffett approach is its profound simplicity: follow the basics, keep your cool, and have a sense of humor. The market volatility of recent years has ushered in armies of economists, forecasters and other so-called experts whose job it is to explain how everything works. Somehow, they have managed to muddy the waters even more. The truth is, investing is easier than you think—even in today’s economy. “Complex problems can have simple solutions,” Swedroe writes. Think, Act, and Invest Like Warren Buffett helps you go back to the basics—so you can leap in front of the investing pack. Praise for Think, Act, and Invest Like Warren Buffett: “You could not spend a more profitable hour than reading Larry Swedroe’s wise and lucid investment guide.” —Burton Malkiel, author, A Random Walk Down Wall Street “If you've been wondering why you've had such a hard time investing well, Playing the Winner's Game will diagnose your ills and treat them in just ninety short, delightful pages.” —William Bernstein, author, A Splendid Exchange and The Investor’s Manifesto “Follow the investment strategy advocated by Larry Swedroe, and free yourself to spend your time on life's treasures—like your family and friends!” —William Reichenstein, professor, Baylor University “As someone who teaches a college investments course, I would not have thought it possible to do what Swedroe has done in such a short concise book.” —Edward R. Wolfe, professor of finance, Western Kentucky University “It's amazing. Larry Swedroe managed to pen a magnificent book not only chock full of actionable advice, but one that's fun to read. Get a copy and treat yourself to a better financial future.” —Harold Evensky, president, Evensky & Katz “Larry Swedroe is the undisputed expert in helping investors manage portfolios the smart way. His new book, Playing the Winner’s Game, combines all facets of wealth management in an inspiring and powerful manner.” —Bill Schultheis, author, The New Coffeehouse Investor

Author : H. Bradlee Perry
Publisher :
ISBN 13 : 9780967313801
Total Pages : 276 pages
Book Rating : 4.05/5 ( download)

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Download or read book Winning the Investment Marathon written by H. Bradlee Perry and published by . This book was released on 1999 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Gregory L. Morris
Publisher : John Wiley & Sons
ISBN 13 : 1118726693
Total Pages : 496 pages
Book Rating : 4.93/5 ( download)

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Download or read book Investing with the Trend written by Gregory L. Morris and published by John Wiley & Sons. This book was released on 2013-12-31 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investing with the Trend provides an abundance of evidence for adapting a rules-based approach to investing by offering something most avoid, and that is to answer the “why” one would do it this way. It explains the need to try to participate in the good markets and avoid the bad markets, with cash being considered an asset class. The book is in three primary sections and tries to leave no stone unturned in offering almost 40 years of experience in the markets. Part I – The focus is on much of the misinformation in modern finance, the inappropriate use of Gaussian statistics, the faulty assumptions with Modern Portfolio Theory, and a host of other examples. The author attempts to explain each and offer justification for his often strong opinions. Part II – After a lead chapter on the merits of technical analysis, the author offers detailed research into trend analysis, showing how to identify if a market is trending or not and how to measure it. Further research involves the concept of Drawdown, which the author adamantly states is a better measure of investor risk than the oft used and terribly wrong use of volatility as determined by standard deviation. Part III – This is where he puts it all together and shows the reader all of the steps and details on how to create a rules-based trend following investment strategy. A solid disciplined strategy consists of three parts, a measure of what the market is actually doing, a set of rules and guidelines to tell you how to invest based upon that measurement, and the discipline to follow the strategy

Author : Bryan Franklin
Publisher : Portfolio
ISBN 13 : 1591846110
Total Pages : 290 pages
Book Rating : 4.16/5 ( download)

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Download or read book The Last Safe Investment written by Bryan Franklin and published by Portfolio. This book was released on 2016 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The case for investing in your own career before anything else Michael Ellsberg and Bryan Franklin think you've been fed a lie: that if you save for decades and invest in 401(k)s, IRAs, and a home, these investments will grow steadily over decades, allowing twenty to thirty years of secure, peaceful retirement. This might have been true at some point in the last century, but it is not true any longer. If you want to get ahead and enjoy a life of prosperity, the authors argue that you must invest in the most powerful source of wealth you'll ever know: your own earning power. Ellsberg and Franklin reveal how investing in yourself in various ways can guarantee a return much higher than the stock market or real estate. Boosting your skills, leadership, persuasion ability, and your network enriches the quality and meaning of your life at the same time that it enriches your wallet. Why wouldn't you bet on yourself?"--

Author : James Pickford
Publisher : Pearson Education
ISBN 13 : 9780273659266
Total Pages : 382 pages
Book Rating : 4.6X/5 ( download)

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Download or read book Mastering Investment written by James Pickford and published by Pearson Education. This book was released on 2002 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the articles in this book reveal, investors are confronted with a dizzying array of instruments, strategies, goals and controls, advice and counsel from experts, and a deluge of statistics. However, yesterday's answer often turns out to be tomorrow's wrong number, as markets evolve and fresh information floods in. Yet beneath all this lies the essence of investment, the hidden future. If we held the key to that mystery, we could dispense with experts and thier mountains of statistics. One instrument and strategy would suffice. This book has been written by leading academics from four business schools renowned for thier investment expertise: Chicago Graduate School of Business, LBS, Columbia Business School and the Wharton School of the University of Pennsylvania. Together they have produced an invaluable survey of the subject, bringing together fundamental principles, investment practice and cutting edge thinking. What is at the essence of good investment? Mastering Investment offers the answers.

Author : Charles Schwab
Publisher : Currency
ISBN 13 : 1984822543
Total Pages : 377 pages
Book Rating : 4.43/5 ( download)

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Download or read book Invested written by Charles Schwab and published by Currency. This book was released on 2019-10-08 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: “To say Charles Schwab is an entrepreneur is actually an understatement. He really is a revolutionary.”—Phil Knight, co-founder of Nike, author of Shoe Dog The founder of The Charles Schwab Corporation recounts his ups and downs as he made stock investing, once the expensive and clubby reserve of the few, accessible to ordinary Americans. In this deeply personal memoir, Schwab describes his passion to have Main Street participate in the growing economy as investors and owners, not only earners. Schwab opens up about his dyslexia and how he worked around and ultimately embraced it, and about the challenges he faced while starting his fledgling company in the 1970s. A year into his grand experiment in discounted stock trading, living in a small apartment in Sausalito with his wife, Helen, and new baby, he carried a six-figure debt and a pocketful of personal loans. As it turned out, customers flocked to Schwab, leaving his small team scrambling with scarce resources and no road map to manage the company’s growth. He recounts the company’s game-changing sale to Bank of America—and how, in the end, the merger almost doomed his organization. We learn about the clever and timely leveraged buyout he crafted to regain independence; the crushing stock market collapse of 1987, just weeks after the company had gone public; the dot-com meltdown of 2000 and its reverberating aftermath of economic stagnation, layoffs, and the company’s eventual reinvention; and how the company’s focus on managing risk protected it and its clients during the financial crisis in 2008, propelling its growth. A remarkable story of a company succeeding by challenging norms and conventions through decades of change, Invested also offers unique insights and lifelong principles for readers—the values that Schwab has lived and worked by that have made him one of the most successful entrepreneurs of our time. Today, his eponymous company is one of the leading financial services firms in the world. Advance praise for Invested “I’ve admired Chuck Schwab for a long time. When you read this book, you’ll understand why.”—Warren E. Buffett “This is a fascinating story that teaches you about the never-ending evolution of an entrepreneurial company, but even more about personal learning from that experience. So read, learn how to learn from experience, and enjoy.”—George P. Shultz, former secretary of Labor, Treasury, and State

Author : Peter L. Bernstein
Publisher :
ISBN 13 :
Total Pages : 486 pages
Book Rating : 4.32/5 ( download)

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Download or read book Investment Management written by Peter L. Bernstein and published by . This book was released on 1998-02-18 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment Management provides a powerful package of systematic principles and cutting-edge applications for intelligent-and profitable-investing in the new world of finance. Its authoritative approach to the investment process is indispensable for coming to grips with today's rapidly changing investment environment-an environment that bombards the investor with an oversupply of information, with novel and complex strategies, with a globalized trading arena in a constant state of flux, and with radical innovations in the development of new financial instruments. Traditional investment methods no longer suffice for investors managing their own funds or for professionals entrusted with the wealth of individual and fiduciary institutions. Edited by Peter Bernstein and Aswath Damodaran, widely respected experts in the field, this authoritative resource brings together an all-star team that combines Wall Street savvy with profound theoretical skills. The hands-on professionals who have contributed to this volume command high respect among academics in finance; the academic contributors, in turn, are also experienced in the rough-and-tumble of the Wall Street scene. Together, they have designed the book to look at investing as a process-a series of steps, taken in the proper sequence, that provides the tools and strategies for optimal balancing of the interaction of risk and return. The analysis is at all points comprehensive and lucid as it moves from setting investment objectives to the best methods for selecting securities, from explaining how to measure risk to how to measure performance, from understanding derivatives to minimizing taxes, and from providing the essentials of portfolio strategy to the basic principles of asset allocation. In a unique chapter, the book also offers a searching evaluation of management and governance structures in the modern corporation. One form of risk management is to make such successful investments that losses do not matter. Only luck can achieve that result; the real world requires decisions whose outcomes are never known in advance. That is what risk is all about. Every stage of the investment process-from executing a trade to optimizing diversification-must focus on making rational choices under conditions of uncertainty. The successful investor's toolkit has more inside of it than just the essential apparatus for selecting securities and allocating assets. The successful investor is also the one who has the knowledge, the confidence, and the necessary control systems to deal with the inevitable moments when forecasts go wrong. Investment Management explores the investment process from precisely this viewpoint. It is a comprehensive and accessible introduction to investing in today's challenging marketplace-an ideal resource for serious investors and students. A state-of-the-art program in investment principles and applications from topflight professionals. Edited by Peter Bernstein and Aswath Damodaran, who are widely respected throughout the world of finance, this authoritative text brings together an all-star team to provide both a hands-on and theoretical overview of investing in today's challenging financial environment. Once upon a time, Wall Street lived off little homilies like, 'buy low and sell high,' 'nothing ventured, nothing gained,' and 'don't put all your eggs in one basket.' Like all sayings that endure, these simple proverbs contain a lot of truth, even if not the whole truth. When wrapped into a body of theory that supports them with logic and a systematic set of principles, these elementary wisdoms pack a great deal of power. Yet if the theory is so consistent, logical, and powerful, another fabled Wall Street saying comes to mind: 'If you're so smart, how come you're not rich?' The answer is disarmingly simple: The essence of investment theory is that being smart is not a sufficient condition for being rich. This book is about the missing ingredients.-from the Preface by Peter L. Bernstein.