Probabilistic Methods for Financial and Marketing Informatics aims to provide students with insights and a guide explaining how to apply probabilistic reasoning to business problems. Rather than dwelling on rigor, algorithms, and proofs of theorems, the authors concentrate on showing examples and using the software package Netica to represent and solve problems. The book contains unique coverage of probabilistic reasoning topics applied to business problems, including marketing, banking, operations management, and finance. It shares insights about when and why probabilistic methods can and cannot be used effectively. This book is recommended for all R&D professionals and students who are involved with industrial informatics, that is, applying the methodologies of computer science and engineering to business or industry information. This includes computer science and other professionals in the data management and data mining field whose interests are business and marketing information in general, and who want to apply AI and probabilistic methods to their problems in order to better predict how well a product or service will do in a particular market, for instance. Typical fields where this technology is used are in advertising, venture capital decision making, operational risk measurement in any industry, credit scoring, and investment science.

Proper cost accounting and financial management are essential elements of any successful construction job, and therefore make up essential skills for construction project managers and project engineers. Many textbooks on the market focus on the theoretical principles of accounting and finance required for head office staff like the chief financial officer (CFO) of a construction firm. This book's unique practical approach focuses on the activities of the construction management team, including the project manager, superintendent, project engineer, and jobsite cost engineers and cost accountants. In short, this book provides a seamless connection between cost accounting and construction project management from the construction management practitioner's perspective. Following a complete accounting cycle, from the original estimate through cost controls to financial close-out, the book makes use of one commercial construction project case study throughout. It covers key topics like financial statements, ratios, cost control, earned value, equipment depreciation, cash flow, and pay requests. But unlike other texts, this book also covers additional financial responsibilities such as cost estimates, change orders, and project close-out. Also included are more advanced accounting and financial topics such as supply chain management, activity-based accounting, lean construction techniques, taxes, and the developer's pro forma. Each chapter contains review questions and applied exercises and the book is supplemented with an eResource with instructor manual, estimates and schedules, further cases and figures from the book. This textbook is ideal for use in all cost accounting and financial management classes on both undergraduate and graduate level construction management or construction engineering programs.

"I am always pleased to discover a book written by a former practitioner which ensures that readers understand the theory of market instruments. Walmsley's practical knowledge of the markets, combined with an easy to understand writing style, makes this book ideal for practitioners wishing to brush up on both theory and their understanding of market practice." John L. Langton Chief Executive and Secretary General International Securities Market Association, Zurich
Over the past few years the foreign exchange markets have gone through dramatic changes which will affect the way in which international business is conducted. International Money and Foreign Exchange Markets is an accessible guide to the major money markets around the world, providing comprehensive coverage of day to day financial management and control issues. The author provides valuable, easy to understand information on all the latest trends and techniques of this decade including: ? chaos theory ? neural nets ? technical charting methods ? European Monetary System ? RiskMetrics (TM) Written by a well-known financial author and respected authority in international investing, trading and risk management, this text will be essential reading for students of finance, banking and business, as well as MBA students needing an introduction to financial markets.

Buying this book could be the smartest investment you make this season. If that sounds like a bold claim, just take a look at the list of contributors. In it you'll find the names of twenty-nine of the world's foremost experts in asset allocation. Over the course of twenty chapters, these accomplished institutional investors, academics, analysts, and traders school you in all of the hottest new portfolio management techniques now in use around the globe.
Not another abstruse discourse on the theoretical pros and cons of asset allocation, Global Asset Allocation is a working, nuts-and-bolts guide for institutional investors. It outfits you with a set of versatile new tools and techniques designed to solve real-world problems and guide your portfolio management decision-making.
While broad theoretical considerations are given their due, the lion's share of this book's coverage is commanded by cutting-edge technical issues such as mean variance optimization, allocating between styles of equity management, optimal fixed income portfolios, asset/liability forecasting, the critical time horizon, target asset allocation, and chaos theory.
In addition to all of the traditional classes of asset allocations, Global Asset Allocation explores a number of new and emerging investment horizons. Foremost among these is "the ultimate investment frontier," international markets, to which a sizeable portion of the book (all of Part Two) is devoted. You'll find in-depth discussions of the qualitative and quantitative aspects of global asset allocation, in which various experts describe the latest global asset allocation models, optimization methods, forecasting techniques, global bond and currency management strategies, risk and return analysis in country-to-country allocation strategies, active and passive management portfolio strategies, and much more.
Offering world-class strategies for managing global portfolios, Global Asset Allocation is an essential resource for corporate finance professionals, pension plan sponsors, analysts, and portfolio managers looking to expand their repertoire of financial management skills.
From asset liability forecasting and target asset allocation, to critical time horizon and implementing overlay strategies, this groundbreaking new guide educates institutional investors in state-of-the-art portfolio management strategies guaranteed to minimize risk while maximizing returns. Bringing you the combined insights and expertise of twenty-nine prominent investment experts from around the world, Global Asset Allocation is a working handbook, designed to guide your portfolio management decision-making and help you to solve real-world problems.
* The latest asset allocation models, optimization methods, and forecasting techniques, including passive and active portfolio strategies
* Includes six major chapters on global asset allocation, including currency management and emerging market investing

Traders, portfolio managers...investment professionals of every ilk: read this book, and use the versatile new strategies, tools, and techniques it describes to give your investment skills a razor-sharp, winning edge.

This title contains over 300 money-making and socially sensible concepts woven into illustrative stories, showing how they have worked or what would be needed to implement them. Each of the ideas is designed to improve a situation, correct a problem, create a product, or provide a service. The book details the best of the commercial, social, cultural, political, and personal projects undertaken or developed by the author over his 40-year career as a college instructor, Army intelligence officer, US diplomat, management specialist in the President's Executive office, and as a private sector advisor to governments, non-profit groups, and businesses.

Ever wish your company could raise capital the Kickstarter(R) way? Equity crowdfunding is finally here, opening new funding avenues for small businesses and start-ups. In April 2012, President Obama signed the Jumpstart Our Business Startups--or JOBS--Act into law. This groundbreaking legislation empowers privately-owned companies to raise capital from investors without going through the rigorous IPO and private placement processes. When the SEC hands down the last regulations, the floodgates will open and companies will be free to compete for funding. Small business and legal expert Cliff Ennico has followed the equity crowdfunding story since its inception. Now, in "The Crowdfunding Handbook," he explains the JOBS Act and translates the regulations into a clear set of do's and don'ts for entrepreneurs and small-business owners looking to get in early--and do things right. Need help pricing your securities? Pitching a project to the public? Choosing between funding platforms? Figuring out disclosure documents and reporting requirements? This book delivers targeted answers--whether crowdfunding is your best bet, picking the right legal entity, selecting types of securities to offer, reaching the most promising investors, keeping crowds under control, and more. IPOs are expensive, and venture capital nearly impossible to attract. Crowdfunding is changing the game for private companies . . . and this book will lead the way.

As a small business owner, having knowledge of crucial numbers is the most important tool you can equip yourself with to survive today's competitive marketplace. If you're not a numbers person, Accounting for the Numberphobic is to the rescue! Why do so many business owners dread looking at the numbers? Financial statements, ledgers, profit and loss reports--many avoid these and treat them like junk mail and phone solicitors. Nevertheless, it's true--you're not a numbers person. How can you learn to make sense out of all this Greek? This easy-to-follow guide demystifies your company's financial dashboard: the Net Income Statement, Cash Flow Statement, and Balance Sheet. The book explains in plain English how each measurement reflects the overall health of your business--and impacts your decisions. In Accounting for the Numberphobic, you will discover: How your Net Income Statement is the key to growing your profits; How to identify the break-even point that means your business is self-sustaining; Real-world advice on measuring and increasing cash flow; What the Balance Sheet reveals about your company's worth; And much more! Don't leave your company's finances entirely in the hands of a third-party accounting service or an employee who is only loyal to the highest paycheck. Knowing the numbers yourself isn't just about seeing how your company is doing, it's about knowing where it is going--and guiding it toward the highest profits possible.

A timely update to one of the most well-received books on project financing

As an effective alternative to conventional direct financing, project financing has become one of the hottest topics in corporate finance. It's being used more and more frequently--and more successfully--on a wide variety of high-profile corporate projects, and has long been used to fund large-scale natural resource projects. But the challenges of successful project financing are immense, and the requirements of the process can easily be misunderstood. That's why John Finnerty has returned with the "Third Edition" of "Project Financing."

Drawing on his vast experience in the field, Finnerty takes you through the process step by step. Using updated examples and case studies that illustrate how to apply the analytical techniques described in the book, he covers the rationale for project financing, how to prepare the financial plan, assess the risks, design the financing mix, raise the funds, and much more.Includes completely new chapters that cover the financing of sustainable projects as well as Sharia-compliant (Islamic) project financingNew material has been added to the discussion of financial modeling and international debt financingExplores today's most innovative financing techniques and analyzes the shortcomings of unsuccessful project financing attempts

Whether you're a corporate finance professional, project planner, or private investor, "Project Financing, Third Edition" demystifies the complexities of project financing and provides an invaluable guide for anyone who wants to master innovation in corporate finance today.

This new addition to the Wiley Financial Series is edited by a practitioner and teacher of the topic. It includes 35 cases on various aspects of international finance that can be used in any advanced course on the subject covering areas such as international financial markets; foreign exchange; foreign investment; international accounting and taxation; and financing international operations.

Activity Based Cotsting for Construction Companies provides guidelines on how overhead costs can be managed for using Activity Based Costing (ABC), providing gains in contractor competiveness. Illustrated with a range of case studies and examples it also presents a map that shows construction contractors how to implement ABC to calculate overhead costs accurately, identifying non or low-value added operations which can then be improved.

Indie Film Producing explains the simple, basic, clear cut role of the independent film producer. Raising funds to do your dream project, producing award-winning films with a low budget, putting name actors on your indie film-it's all doable, and this book guides you through the entire process of being a successful producer with bonus tips on how to effortlessly maneuver through the sphere of social media marketing and fundraising tactics. Indie film producer Suzanne Lyons pilots you through the actual making of low budget films to show you how easy and fun it can be. Laid out in a step-by-step, A to Z, matter-of-fact style that shows how the producer's role can be easy, how to treat the film as a business, and especially how to avoid the painful pitfalls faced by so many producers, this book gives you the essential tools you need to make your film a success from the ground up. . Begins with the earliest stages of concept development, continues through production & post, and ultimately concludes with distribution . Shows you how to create a buzz for your film through marketing and promotions . Interviews with global producers who produced films using social media, festivals, apps, and more, give you real-world insight that can be applied to your own films . Website points you to a fantastic collection of resources that you'll need to produce your own films (www.focalpress.com/cw/lyons-9780240817637/)

A companion publication to Asset Management, International Case Studies in Asset Management will help companies and professionals develop and support the teaching and learning of best practices in this field. The book presents 32 case studies which illustrate how resistant asset management is to compartmentalised thinking and actions. They provide a means of communicating the importance of integrating different perspectives in order to choose between strategies and solutions. They are also an excellent tool for encouraging and trying out ideas and theories. International Case Studies in Asset Management is vital reading for people working in asset management roles who need the stimulus of new ideas, new ways of looking at things and evidence of what works. It will also be of use to students of asset management and the people who teach them.

There are many text books about engineering design and some include project evaluation techniques. There are text books on accounting methods and yet others on business management. This book does not aim to replace these specialized texts but brings together the elements of these subjects that young engineers working in industry - particularly the construction industry and its customers - need to understand.

Most engineers learn about money the hard way: by experience in the workplace. The authors having done this themselves recognized the gap in engineers' education and set out to bridge it. This book is based on a 1996 course George Solt pioneered for final-year engineering undergraduates. The book is written in an approachable style and gives young engineers as well as mature engineers an insight into the way engineering businesses run, the importance of capital and the problems of cash flow.

The global marketplace can be risky business.

Get the knowledge and tools you need to get a competitive advantage in the global markets with "The Anti-Corruption Handbook: How to Protect Your Business in the Global Marketplace."

Authoritative and timely, this essential guide equips you--whether you are an auditor, CFO, general counsel, internal auditor, compliance officer, or forensic accountant--to readily identify the signs of corruption and fraud in the global marketplace and successfully investigate it.

This practical guide presents a clear picture of the world of global business corruption, with discussion of:

The U.S. laws governing corruption

The pitfalls of emerging markets

The key to unmasking corrupt activity

Reducing risk through technology

Intellectual property theft

The current state of anti-money laundering in the global marketplace

How to investigate allegations of corruption

Costs of corruption for industries, economies, and countries

With detailed coverage of the evolution and accounting provisions of the Foreign Corruption Practices Act (FCPA), The "Anti-Corruption Handbook: How to Protect Your Business in the Global Marketplace" sheds light on the issues and threats that your business faces, the risks of doing business in the global marketplace, and the precautions your organization must take to deter such activity from occurring in the first place.

Praise for the First Edition of Quantitative Business Valuation

A Mathematical Approach for Today's Professionals

"Jay Abrams' book is close to the equivalent of several graduate dissertations rolled into one book. For each topic (covered), he presents a scholarly summary of past research, new empirical research of his own, and his conclusions. It is a well-documented contribution to in-depth understanding of important business valuation issues, and should not be overlooked by the serious practitioner."
--Shannon Pratt, DBAManaging Director, Willamette Management AssociatesCoauthor, Valuing a Business

"A must-read for the serious business appraiser."
--Jay E. Fishman, ASA, CBAPresident, Financial Research, Inc.

"The problem of simplified valuation procedures and coherent theory still remains complex and is ever evolving. Jay Abrams deals very effectively with this complexity through the use of mathematical formulas. Input to his models is explained with clarity and effectiveness, which adds to the overall value of this advanced text on business valuation."
--Terry A. Isom, Chairman, National Association of Certified Valuation Analysts

"Jay Abrams' book strives to provide mathematical modeling for what practitioners often do by reasoning alone. This book is a must-read for practitioners who are searching for additional techniques for dealing with some of business valuation's imponderables."
--David M. Bishop, FIBA, BVAL, ASA, MCBAPresident, American Business Appraisers, Inc.

"Jay Abrams' book will not only challenge the top theoreticians in the field; his step-by-step explanations will make advanced quantitative techniques available to the many appraisers who are not capable of independently creating the underlying mathematical analysis."
--Kent Osborne, ASAChairman, Editorial Review Board of the American Society of Appraisers

"While a proliferation of business valuation treatises and guides exists in the market, most are very general in nature and do nothing more than rehash fundamental concepts. I am unaware of any author who has stepped into the unknown as Jay Abrams has and compiled and developed a treatise of extremely useful analytical tools for the serious valuator."
--Robert J. Grossman, CPA/ABV, ASA, CVAPartner, Grossman Yanak & Ford

"Jay Abrams develops unusual approaches which merit consideration when 'cookie cutter' methodologies are inadequate. This manuscript contributes to the dialogue among practitioners and strengthens the theoretical foundations of business valuation."
--Herbert T. SpiroPresident, American Valuation Group, Inc.

"There is no question about it, the use of rigorous quantitative methods is the cure for subjective valuation analysis. This book not only satisfies this need--which has grown considerably in recent years--but is chock-full of new tools that have been carefully developed."
--Edward MurrayValuation Partner, Arthur Andersen, LLP

Efficient, compliant management systems pave the road to sustainability through integration and automation

The book addresses the many definitions of sustainability and why CEOs need the links between sustainability, business value, and performance. Business leaders are committed to leading the way, and the book outlines the support of a management system structure and business principles that will drive the accomplishment of their mission. Stakeholder demands on CEOs include many challenges. Investors are assessing companies for financial performance. The shrinking talent pool of employees is looking to work with organizations that support social, environment, and economic operating practices and principles.

Great leaders are those that ask questions, who are creative to drive innovation for growth of their company. The Assess-Reflect-Act section on international business principles defined in the book will ask you as the leader thought provoking questions to stimulate action within your organization to bring people, processes, and technology together for business success.

Leaders need to transition to smart decisions that are data driven. The company's management system structure is important to build a strong framework for business process operations and automation for global competitiveness. Topics include: Business plans vs management systemsManagement system frameworks: standardization, ISO standards: Quality -- ISO 9001, Environment -- ISO 14001, OHSAS 18001, Integrated Management SystemsThree Steps for Process Development: Identify, Insure, ImproveFocus for the Organization: Compliance Costs, Best Practices, Strategic PlanningSupport -- Resources: Innovation, Engagement, Succession PlanningData as a Valuable ResourceOperation: Process Risks, Management System Control Plan, E-commerce, Enterprise Resource Planning (ERP), Green Awareness-Eco Design, Automated Controls, Cloud ComputingPerformance Evaluation -- Monitor, Measure, Analyze, Audit, Management ReviewCompetitive Landscape

The constant need to improve internal processes and move toward business sustainability and quality standards is a major stressor for governments and businesses. With one-third of the workforce retiring in the next five to ten years, the need has become more immediate, and the focus has shifted to building a strong framework for business process operations and automation for global competitiveness. This book provides a roadmap to efficient, compliant systems, showing businesses how to build toward sustainability goals and capture key knowledge of the employees involved in the process.

Quantitative risk assessments cannot eliminate risk, nor can they resolve trade-offs. They can, however, guide principled risk management and reduction - if the quality of assessment is high and decision makers understand how to use it. This book builds a unifying scientific framework for discussing and evaluating the quality of risk assessments and whether they are fit for purpose. Uncertainty is a central topic. In practice, uncertainties about inputs are rarely reflected in assessments, with the result that many safety measures are considered unjustified. Other topics include the meaning of a probability, the use of probability models, the use of Bayesian ideas and techniques, and the use of risk assessment in a practical decision-making context. Written for professionals, as well as graduate students and researchers, the book assumes basic probability, statistics and risk assessment methods. Examples make concepts concrete, and three extended case studies show the scientific framework in action.

Praise for "Enterprise Risk Management and COSO: " "A Guide for Directors, Executives, and Practitioners"

""Enterprise Risk Management and COSO" is a comprehensive reference book that presents core management of risk tools in a helpful and organized
way. If you are an internal auditor who is interested in risk management, exploring this book is one of the best ways to gain an understanding of enterprise risk management issues."
--"Naly de Carvalho," "FSA Times"

"This book represents a unique guide on how to manage many of the critical components that constitute an organization's corporate defense program."
--Sean Lyons, Corporate Defense Management (CDM) professional

"This book provides a comprehensive analysis of enterprise risk management and is invaluable to anyone working in the risk management arena. It provides excellent information regarding the COSO framework, control components, control environment, and quantitative risk assessment methodologies. It is a great piece of work."
--J. Richard Claywell, CPA, ABV, CVA, CM&AA, CFFA, CFD

"As digital information continues its exponential growth and more systems become interconnected, the demand and need for proper risk management will continue to increase. I found the book to be very informative, eye-opening, and very pragmatic with an approach to risk management that will not only add value to all boards who are maturing and growing this capability, but also will provide them with competitive advantage in this important area of focus."
--David Olivencia, President, Hispanic IT Executive Council

Optimally manage your company's risks, even in the worst of economic conditions.

There has never been a stronger need for sound risk management than now. Today's organizations are expected to manage a variety of risks that were unthinkable a decade ago. Insightful and compelling, "Enterprise Risk Management and COSO" reveals how to:

Successfully incorporate enterprise risk management into your organization's culture

Foster an environment that rewards open discussion of risks rather than concealment of them

Quantitatively model risks and effectiveness of internal controls

Best discern where risk management resources should be dedicated to minimize occurrence of risk-based events

Test predictive models through empirical data

In this book, first published in 1971, the author develops and tests a productivity system based on Added Value as the measure of company income and output. The theory behind the system is that the behaviour of a company can best be explained in terms of its need to create an income. From this, it follows that its effectiveness depends on the efficiency with which it uses all the resources at its disposal to create this income. If it is accepted that the need is to create an income, then the efforts of the employees, the objectives of individuals, the pricing procedures, and the control systems must be co-ordinated to achieve this end. This title will be of interest to students of management, economics, and business studies.

Raise the skill and competency level of project finance organizations Project Finance for Business Development helps readers understand how to develop a competitive advantage through project finance. Most importantly, it shows how different elements of project finance, such as opportunity screening and evaluation, project development, risk management, and due diligence come together to structure viable and financeable projects--which are crucial pieces missing from the current literature. Eliminating misconceptions about what is really important for successful project financings, this book shows you how to develop, structure, and implement projects successfully by creating competitive advantage. By shedding light on project finance failures, it also helps you avoid failures of your own. - Offers a roadmap for successful financing, participant roles and responsibilities, and assessing and testing project viability - Considers project finance from a broad business development and competitive advantage - Provides a strategic decision-forecasting perspective - Delves deeper than existing treatments of project finance into decisions needed to create and implement effective financing plans Helping readers develop, structure, and implement projects successfully by creating competitive advantage, this book is a useful tool for project sponsors and developers, helping them structure and implement projects by creating competitive advantage.

The use of derivative products in risk management has spread from commodities, stocks and fixed income items, to such virtual commodities as energy, weather and bandwidth. All this can give rise to so-called volatility and there has been a consequent development in formal risk management techniques to cover all types of risk: market, credit, liquidity, etc. One of these techniques, Value at Risk, was developed specifically to help manage market risk over short periods. Its success led, somewhat controversially, to its take up and extension to credit risk over longer time-scales. This extension, ultimately not successful, led to the collapse of a number of institutions. The present book, which was originally published in 2002, by some of the leading figures in risk management, examines the complex issues that concern the stability of the global financial system by presenting a mix of theory and practice.

This best-selling nuts-and-bolts workbook, now in its second edition, has become the gold standard for nonprofit managers and boards who must work through the budget cycle. The book offers practical tools and guidance for completing each step of the budgeting process. Designed to be comprehensive and easy to use, "The Budget-Building Book for Nonprofits" provides everything budgeters and nonfinancial managers need to prepare, approve, and implement their own budgets.

Includes new chapters on Zero-Based and Capital Budgeting as well as a CD with spreadsheets, worksheets and a new budget-building software, the CMS Nonprofit Budget Builder, designed to help you implement the concepts in the book. The software includes an expandable standard chart of accounts (COA) and will aid in building, organizing, tracking and planning budgets.

Using theoretical frameworks to explore the political, organizational, and cultural dynamics of performance budgeting, this book examines the adoption of performance budgeting in a variety of countries, how it has been implemented, and why it succeeded or failed. Chapters include case studies from a wide range of continents and regions including the U.S., Africa, Asia, Australia, Europe, Latin America, and the Middle East. Each case study pays careful attention to the unique historical, political, and cultural contexts of reform and closely examines how performance informed the budgetary process. Chapters investigate theory-driven analysis, focusing on common themes related to international policy diffusion, organizational change, stakeholder politics and gaming, communication and information management, principal-agent dynamics, and institutional constraints. Contributors include both scholars and seasoned practitioners with extensive experience in implementing or advising performance budgeting reforms. With emphases on both theories and practices, this book is written for graduate courses in public budgeting and comparative public administration, providing theoretical insights into budgeting reforms in developing countries, as well as practice-relevant and actionable recommendations for current and future policymakers and budget reformers.

El hombre mas rico del mundo vivio en el medio oriente hace 3 mil anos. Tenia un salario minimo, vital y movil de 1.000 millones de dolares anuales y tuvo un patrimonio neto de mas de dos billones de dolares. En cierto sentido, mucho mas que Bill Gates o Carlos Slim... !juntos! La buena noticia, es que el hombre mas rico del mundo nos dejo sus ideas escritas y sus consejos han sobrevivido a traves de los milenios. Aquellos que lo obedecieron, no sufrieron la ultima crisis financiera sino que la aprovecharon. Aquellos que lo ignoraron, pagaron las consecuencias. El doctor Andres Panasiuk analiza todo el legado de ideas de este gran hombre y nos presenta en 31 capitulos de facil lectura, uno para cada dia del mes. El hombre mas rico del mundo te ensenara: Como hacer un Plan para controlar tus gastos. Como hacer un Plan para pagar tus deudas. Como comprar seguros inteligentemente. Como hacer un plan de inversiones solidas para tu futuro. No se puede llegar a ser el hombre mas rico del mundo por casualidad. Para llegar alli, debes pensar y actuar diferente. The Wealthiest Man on Earth The Wealthiest Man on Earth lived in the Middle East three thousand years ago. He had a minimum wage of 1.000 million dollars a year and had a net worth of more than 2 million of million dollars (two Trillions). In a sense, much more than Bill Gates and Carlos Slim... Together! The good news is that the wealthiest man on earth left us his ideas in paper and his advices have survived through the millenniums. Those who obeyed him, did not suffered the last financial crisis but took advantage of it. Those who ignored him, paid the consequences. Doctor Andres Panasiuk analyzes the legacy of this great man and brings us 31 easy-to-read chapters, one for each day of the month. The Wealthiest Man on Earth will teach you: How to make a plan to control your expenses. How to make a plan to pay off your debts. How to acquire insurance wisely. How to make an investment plan for the future. It is not possible to become the wealthiest man on earth by chance. To get there, you must think and act differently.