Provocative and controversial, the information found in Empowered Investing reveals powerful tricks of the investment trade. It will give you the education and information to be a confident, informed, and hugely successful investor.

The most successful investors in history, such as Charles Henry Dow, used unique analysis and charting methods. These are the secrets Wall Street doesn't want you to know. Relying on the media and Wall Street research is painful and no longer necessary.

With the advice offered by author Joseph F. LoPresti, you'll learn to chart stocks like Dow, isolate hot sector opportunities, and select the strongest stocks to buy through a series of easy, almost effortless strategies. These exercises will also help you reduce risk and give you a "sell discipline," something desperately needed by most investors. Once you read "Empowered Investing," you'll see how easy it is to implement these startling strategies.

"Empowered Investing" will introduce a different way to make investment decisions that will instantly help you manage your portfolio, build your wealth, and enrich your life.

China burst onto the world stage in the mid-1980s and in the past decade has been transformed into a giant magnet for FDI, attracting capital from all over the world. Everyone wants a piece of the China action. Nowhere is this more apparent than in the region of Southeast Asia, tucked as it is geographically beneath China's southern flank. Much of the FDI inflow into China has been at the expense of Southeast Asia. But this has been offset by new opportunities created through China's rapid economic expansion. This book provides an insightful and objective analysis on how to be successful in China, especially for Singapore businessmen. The authors have eloquently distilled several important lessons that have become apparent for business success in China.

In The Search for Value: Measuring the Company's Cost of Capital, Michael C. Ehrhardt analyzes the latest prescriptive techniques and models for determining the cost of capital. He provides a comprehensive framework for practitioners by detailing the various methods for accurately evaluating investment in projects, divisions, or entire companies. He begins with a general discussion of the cost of capital within the context of a firm's overall search for value and continues on to cover such topics as discounted cash flow analysis, flotation costs, long-term projects, and international projects, as well as situations in which traditional cash flow analysis may not apply, such as regulated companies. Ehrhardt moves easily through a variety of technical concepts, providing numerous step-by-step examples to explain how theoretical constructs can be applied to daily financial decisions. He also provides a particularly detailed analysis of estimating capital costs in multidivisional, multiproduct, and multinational firms. Each chapter features an extensive bibliography for further reading. Written for financial directors, planners, managers, and analysts as well as for those who study finance issues, this work successfully addresses the concerns of financial practitioners. In today's competitive business environment, the consequences of miscalculation can be devastating. Correctly evaluating the cost of capital and thereby determining the value-creating potential of investments is a business imperative. The Search for Value is a unique synthesis of the issues surrounding the cost of capital, presenting the most comprehensive treatment of the topic to date. Those who implement the ideas in thisbook will enjoy the returns made possible by accurate measurements of the cost of capital as an integral part of capital budgeting and strategic planning. The Search for Value launches the Harvard Business School Press's publication of the Financial Management Association Survey and Synthesis Series, which seeks to bridge the gap between academic research and practice in the field of finance.

The field of real options is concerned with the management and financial valuation of operational flexibility in business endeavors. From the very outset, energy and commodity markets - which play fundamental roles in the worldwide economy - have provided a relevant context for real option analysis, both in theory and practice.This volume is a collection of six chapters covering recent research on real options in energy and commodity markets, reflecting the significance of these markets for real option analysis. The volume is divided into two parts - the first on theory and the second on methods and applications.The two chapters in the first part of the book respectively address commodity storage and the concept of convenience yield, and how the management of real options can be impacted by the trader's own market decisions in the context of commodity shipping.The four chapters in the second part of the book propose and apply real option models in various domains - modeling the evolution of futures prices of emission certificates; managing copper extraction illustrated with an application to a project at Codelco, Chile, the largest copper producer in the world; the core ideas behind real option analysis in the context of the merchant management of hydrocarbon cracking operations; and optimizing the portfolio of contracts that oil refineries use to market their gasoline production.

Portfolio Optimization with Different Information Flow recalls the stochastic tools and results concerning the stochastic optimization theory and the enlargement filtration theory.The authors apply the theory of the enlargement of filtrations and solve the optimization problem. Two main types of enlargement of filtration are discussed: initial and progressive, using tools from various fields, such as from stochastic calculus and convex analysis, optimal stochastic control and backward stochastic differential equations. This theoretical and numerical analysis is applied in different market settings to provide a good basis for the understanding of portfolio optimization with different information flow.

This is a comprehensive guide to the financial markets' most important and often least understoof instruments. This key practical guide examines derivatives traded in the equity, debt, and currency markets, focusing on those product characteristics that emphasize the instruments' specific uses and applications. Particular attention is paid to product evolution, associate risks, valuation, and trading and hedging strategies. The guide seeks to provide practical solutions to numerous risk management problems through its analysis of both asymmetrical and symmetrical risk products.

The treatment of each instrument, be it exchange listed or over the counter, is designed to highlight its particular features and uses. The following products are explored: stock options; stock index options; currency options; exchange-traded interest rate options; caps, floors, and collars; warrants; interest rate financial futures; stock index futures; forward rate agreements; and swaps. Additional features of the book include: summaries at the end of each chapter highlighting the main characteristics of each instrument; a tabular comparison of the features of all the derivatives discussed in the book; and an extensive glossary explaining much of the terminology used in the world's financial derivatives markets. This volume will provide an excellent reference tool for a wide range of financial professionals, including bankers, dealers, investment analysts, corporate treasurers, fund managers, sophisticated private investors, and market researchers.

This book consists of invaluable introductions, tutorials and problems which are helpful for teaching purposes and have a very broad appeal and usage. The problems cover many aspects of static and dynamic portfolio theory as well as other important subjects such as arbitrage and asset pricing, utility theory, stochastic dominance, risk aversion and static portfolio theory, risk measures, dynamic portfolio theory and asset allocation. This material could be used with important books that cover these topics including MacLean-Ziemba's The Handbook of the Fundamentals of Financial Decision Making, and Ziemba-Vickson's Stochastic Optimization Models in Finance.

This book explores the integrity of equity markets, addressing such issues as the exchange vs. customer perspective on price discovery and the ways market participants deal with key regulatory concerns. Do market practitioners pass the integrity test? How does "market integrity" play out globally? What is the overall veracity of the marketplace? These are some of the key questions considered in this volume from the viewpoints of traders, economists, financial market strategists and exchange representative. Titled after the Baruch College Financial Markets Conference, Market Integrity: Do Our Equity Markets Pass the Test?, this book is of interest to market practitioners, trading professionals, academics and students in the field of financial markets. The Zicklin School of Business Financial Markets Series presents the insights emerging from a sequence of conferences hosted by the Zicklin School at Baruch College for industry professionals, regulators and scholars. Much more than historical documents, the transcripts from the conferences are edited for clarity, perspective and context; material and comments from subsequent interviews with the panelists and speakers are integrated for a complete thematic presentation. Each book is focused on a well-delineated topic, but all deliver broader insights into the quality and efficiency of the U.S. equity markets and the dynamic forces changing them.

A comprehensive guide to technical analysis for both the novice and the professional Technical analysis is a vital tool for any trader, asset manager, or investor who wants to earn top returns. Successful Stock Signals for Traders and Portfolio Managers lets you combine technical analysis and fundamental analysis using existing technical signals to improve your investing performance. Author Tom Lloyd Sr. explains all the technical indicators you need to know, including moving averages, relative strength, support and resistance, sell and buy signals, candlesticks, point and figure charts, Fibonacci levels, Bollinger Bands, and both classic and new indicators. Merging these technical indicators with fundamental analysis will keep you in a portfolio of outperforming stocks, sharpen your fundamental buy discipline, and put your sell discipline on autopilot. * Includes case studies applying technical analysis to current trending and hotly debated stocks like Facebook, LinkedIn, and Netflix * Offers thorough and straightforward guidance on technical analysis for both professional and individual investors * Covers the vital indicators in the public domain that investors need to know Whether you're an individual investor who wants to beat the indexes, a trader looking for high-risk, high-return positions, or a portfolio manager who wants to take a fundamental approach, this an ideal guide to technical analysis and indicators.

This book was designed to reduce mistakes. Your mistakes with money. Tiny errors, epic fails and everything in between. You can do thousands of things right, but make just a few of the errors we discuss, and you destroy much of your portfolio.

If you could learn how to avoid the unforced errors investors make all the time, you would make your life so much richer and less stressful. The counterintuitive truth is avoiding errors is much more important than scoring wins. How Not To Invest shows you a few simple tools and models that will help you avoid the most common mistakes people make with their money. Learn these, and you are ahead of 98% of your peers.

Make fewer errors, end up with more money.

How Not To Invest lays out the most common errors investors make. Barry Ritholtz reveals his favorite mistakes, including the lessons we can learn from some of the wealthiest and most error-prone investors.

We all make mistakes. The goal with this book is to help you make fewer of them, and to have the mistakes you do make be less expensive.

Economic debates about markets and freedom from the late 1940s onwards focused increasingly on how laws and regulation affected economic behavior, and how economics influenced legal decision-making. By the late 1950s the term "law and economics" came into use to refer to the application of economic analysis to legal problems. The overlap between legal and political systems also led to issues in law and economics being raised in political economy, constitutional economics, and political science. Concepts in Law and Economics: A Guide for the Curious provides a comprehensive integration of the fields of law and economics. In clear prose, Jim Leitzel challenges traditional approaches to law and economics and uncovers common themes that cut across the two fields, providing readers with a means of integrating their knowledge to examine problems through both a legal and economic lens. This book covers the major methods of law and economics and applies those methods to various issues, including art vandalism, sales of human kidneys, and the ownership of meteorites. Compact yet comprehensive, this is an ideal introduction to a vast number of concepts and controversies in the fields of law and economics. Economics students, law students, and those with a general interest in the social sciences will find Concepts in Law and Economics an interesting and engaging read, and will emerge with the necessary skills for thinking like a law and economics practitioner.

The rapid development of Asian countries has met with mixed reactions among economists. Most economists understand that a genuine development is underway; but, since the process has been a complex one, each has been able to apply favorite explanations to the situation. In Eastern Asia, regional interdependence has been important to developing countries. This work discusses the interaction between the regional economies through trade and foreign direct investment, relating interaction to economic growth and development.

Beat the market with the tips and techniques from the best value investors in the world The classic, seminal work in the field, Value Investing has been updated in a new, second edition to include the latest trends and a close look at some of the emerging investors who continue in the value investing tradition of Ben Graham and Warren Buffett. Featuring an exploration of the history of value investing and those that brought this investment approach to the fore, you will also discover the real-world techniques you can use to propel your own portfolio using a sound, proven approach to discovering value. In the modern era, investors are increasingly caught up in so-called hot tips, can't-miss startups, excessive optimism, and short-term speculation. Value investing is the antithesis to these short-sighted approaches, and stresses what Ben Graham the father of value investing referred to as the 'margin of safety' when describing the gap between an equity's price and its value. * Provides an overview of the techniques of value investing as practiced by some of the greatest value investors of all time * Includes an exploration of the history of value investing, including an explanation of underlying principles and successful execution of value investing techniques * Features updates in the new edition that include an analysis of the investment returns of value investing versus growth strategies * Offers profiles of some of the emerging players in the field of value investing, including Andrew Weiss, Joel Greenblatt, Mason Hawkins, and Bill Nygren Value Investing, Second Edition is your guide to implementing value investing principles in your own portfolio, complete with a look at the approaches used by the best value investors past and present.

Foreign Direct Investment (FDI) studies have evolved as one of the mainstreams in business strategy. This book presents a comprehensive perspective on the motivations behind the studies, the effects of FDI, and how it can be utilized and extended to other areas of studies. Written with a global perspective, this book not only touches upon business strategies but also covers government policies toward promoting and attracting FDI for industrial and economic development. The author, with his vast experience in consulting and research projects for multinational companies, international organizations and governments, examines real world business practices of Eastern firms and how they relate to their Western counterparts, thus making this book a valuable and practical reference not only for students, but for practitioners, too.

A psychological and fi nancial perspective on investment strategy andthe reality of market behavior.This groundbreaking book offers a unique perspective on theopportunities, dangers, and false representations facing the investor, by combining a view of both fi nancial and psychological realities. Itprovides the essentials of investing and reveals ways to protect andincrease hard-earned savings under one's own direction, with neither theexpensive drain nor possible unreliability or malfeasance of professionaladvisors. Sad tales of encounters with the markets are legion. Crashingfi nancial losses, gradually depleted savings, growth forgone, fear, anger, depression, and suicide are needlessly commonplace. One mayglimpse how to build one's savings with ease and serenity, for it is notthat diffi cult.