Take control of your investment decisions The investment industry is in a state of inertia. Recent events highlight an overreliance on mathematical foundations and flawed investment models. Investors need to find new paths to effective wealth creation. The Empowered Investor provides a proven framework for wealth creation. Built around 7 key principles and practical real-world examples, the book provides insight into the limitations of traditional investment concepts, and illustrates how investors can take control of their investments. Instead of relying on often flawed financial advice, investors need to develop their own investment approach, drawing on their unique skill sets and experiences. This book: -Presents a practical strategy for wealth creation, based on practical experience and sound theoretical foundation; -Provides real world cases and excerpts from interviews with highly successful investors; -Demonstrates how investors can build on their core strengths, exploit opportunities and differentiate their investments; -Illustrates how to protect a portfolio from threats and risks This book will help you: -Build on your core strengths; -Identify and make the most of new opportunities; -Cultivate quality networks; -Differentiate your investments; -Protect yourself against threats and risks; -Understand and manage the time dimension; -Execute with efficiency. Written in a practical and straightforward manner, The Empowered Investor provides a robust strategic toolkit for investors, bringing the individual to the core of the investment strategy and creating new opportunities for wealth creation.

The long-awaited revised edition of the stock trading classic gets you fully up to date on value investing, ESG investing, and other important developments The definitive guide to stock trading, Stocks for the Long Run has been providing the knowledge, insights, and tools that traders need to beat the market for nearly 30 years. This new edition brings you fully up to date on everything you need to know to draw steady profits for yourself or your clients. It's been updated with new chapters and content on: * The role of value investing * The impact of ESG-Environmental/Social/Governance-issues on the future of investing * The current interest rate environment * Future returns investors should expect in the bond and stock markets * The role of international investing * The long-run risks on equity markets * The role of black swan events, such as a pandemic You'll also get in-depth discussions on the big questions investors face: Are we seeing the eclipse of capitalism? What do global changes like climate change mean for markets worldwide? Stocks for the Long Run is essential reading for every investor and advisor who wants to fully understand the market, including its behavior, past trends, and future influences-in order to develop a prosperous long-term portfolio that's both safe and secure.

The Success Secrets of a Stock Market Legend. .

Jesse Livermore was a loner, an individualist-and the most successful stock trader who ever lived. Written shortly before his death in 1940, "How to Trade Stocks" offered traders their first account of that famously tight-lipped operator's trading system. Written in Livermore's inimitable, no-nonsense style, it interweaves fascinating autobiographical and historical details with step-by-step guidance on: . . . Reading market and stock behaviors. Analyzing leading sectors. Market timing. Money management. Emotional control. . .

In this new edition of that classic, trader and top Livermore expert Richard Smitten sheds new light on Jesse Livermore's philosophy and methods. Drawing on Livermore's private papers and interviews with his family, Smitten provides priceless insights into the Livermore trading formula, along with tips on how to combine it with contemporary charting techniques. Also included is the Livermore Market Key, the first and still one of the most accurate methods of tracking and recording market patterns . .

This is not just another book with yet another trading system. This is a complete guide to developing your own systems to help you make and execute trading and investing decisions. It is intended for everyone who wishes to systematise their financial decision making, either completely or to some degree. Author Robert Carver draws on financial theory, his experience managing systematic hedge fund strategies and his own in-depth research to explain why systematic trading makes sense and demonstrates how it can be done safely and profitably. Every aspect, from creating trading rules to position sizing, is thoroughly explained. The framework described here can be used with all assets, including equities, bonds, forex and commodities. There is no magic formula that will guarantee success, but cutting out simple mistakes will improve your performance. You'll learn how to avoid common pitfalls such as over-complicating your strategy, being too optimistic about likely returns, taking excessive risks and trading too frequently. Important features include: - The theory behind systematic trading: why and when it works, and when it doesn't.- Simple and effective ways to design effective strategies. - A complete position management framework which can be adapted for your needs. - How fully systematic traders can create or adapt trading rules to forecast prices. - Making discretionary trading decisions within a systematic framework for position management. - Why traditional long only investors should use systems to ensure proper diversification, and avoid costly and unnecessary portfolio churn. - Adapting strategies depending on the cost of trading and how much capital is being used. - Practical examples from UK, US and international markets showing how the framework can be used. Systematic Trading is detailed, comprehensive and full of practical advice. It provides a unique new approach to system development and a must for anyone considering using systems to make some, or all, of their investment decisions.

'How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.' - Robert G. Allen, investment advisor and author of Multiple Streams of Income In many people's thinking, the financial markets are reserved only for the wealthy or people with financial or economic backgrounds. They discard the idea of becoming involved in trading because they perceive it to be too difficult. But Ross Larter, author of How to Make Money on the Stock Exchange, believes that the markets provide opportunities for everyone to generate income. Learning the skills of trading on the stock market can provide you with the opportunity to generate an income well into your retirement years. To those who have walked the journey for a while, the stock market becomes like an all-you-can-eat buffet, providing opportunity on a daily basis for individuals to make money for themselves and their families. How to Make Money on the Stock Exchange is written for ordinary people, in everyday language, to help them understand how the stock market works, and how to use this knowledge to acquire the necessary skills to generate a secondary (and potentially a primary) income by investing and/or trading on the markets. You don't need to be a financial whizz-kid to make money on the stock market. All you have to do is be willing, and take the time, to learn about it. This book will show you how.

During the 1980s, and particularly since the market crash of 1987, corporations and entrepreneurs have been seeking new ways to finance the establishment and growth of new businesses. One of the outcomes of these efforts has been the hybrid security, generically called dequity because it is neither a bond nor a stock. In this work, Andrew Chen and John Kensinger examine the various forms of dequity, describing its characteristics, how it evolved, how it's being used, and what the future may hold for it.

In looking at the many financial innovations that blended the traits of debt and equity, Chen and Kensinger find three revolutionary changes that took place in the '80s: the use of debt to increase equity ownership by employees; the transfer of control over corporate resources from managers to lenders; and the shift from owning assets indirectly through corporate stock toward direct ownership of production assets by investors. They fully explore the increased specialization of roles that has resulted in employee control of companies, as well as detailing such practical issues as the tax advantage of leveraged ESOP, the value of organizational capital, innovative methods for reducing the cost of going public, and the benefits of R&D limited partnerships. This is the first book to fully analyze the development of dequity, and will be an important reference source for a variety of individuals, including investment bankers, corporate financial executives, institutional investors, and students of finance and banking.

Africans Investing in Africa explores intra-African trade and investment by showing how, where and why Africans invest across Africa; to identify the economic, political and social experiences that hinder or stimulate investment; and to highlight examples of pan-African investors.

A firM's value consists of its assets-in-place and growth opportunities: its investment opportunity set. IOS plays a major role in determining a firM's corporate and accounting strategies, and how the marketplace reacts to them. Riahi-Belkaoui shows how IOS can be examined, measured, and used as one way to understand the various accounting and nonaccounting strategies espoused by management. His book fills a gap in the literature on this timely and provocative topic, and provides useful knowledge for upper management, academics, and graduate-level students.

The importance of the IOS concept is beginning to be acknowledged in the literature of empirical accounting, finance, and management. There, the investment opportunity set is introduced as an explanatory or moderating variable of the relationship between accounting and economic phenomena and various predictor variables. Riahi-Belkaoui explicates a concept of growth opportunities or IOS (Chapter 1) and provides a general model for its measurement (Chapter 2). He shows its role in a general valuation model based on dividend yield and price earnings ratio (Chapter 3), in the relationship between profitability and multinationality (Chapter 4), in the determination of capital structure (Chapter 5), in a general model of international production (Chapter 6), in a general model of corporate disclosure (Chapter 7), in the relationship between systematic risk and multinationality (Chapter 8), in a model of reputation building (Chapter 9), and earnings management (Chapter 10). He goes on to discuss its role in explaining the relative market value compared to the accounting value of a multinational firm in Chapter 11, and in differentiating between the usefulness of accrual and cash flow based on valuation models in Chapter 12.

While new technology and complicated theories promise to take your trading to "the next level," the truth is that long-term success in this field is rooted in simplicity. That's why Al Brooks has created "Reading Price Charts Bar by Bar."

With this book, Brooks--a technical analyst for Futures magazine and an independent trader--demonstrates how applying price action analysis to chart patterns can help enhance returns and minimize downside risk. Along the way, you'll discover the importance of understanding every bar on a price chart, why particular patterns are reliable setups for trades, and how to locate entry and exit points as markets are trading in real time.

Throughout these pages, some of the most useful tools for deciphering price action are covered in detail, including:

Trendlines and trend channel lines

Prior highs and lows

Breakouts and failed breakouts

The size of bodies and tails on candles

The relationship between current bars to prior bars

And much more

Learning what the market is telling you can be difficult, but with the right approach, you can achieve this goal and capture consistent profits in the process. "Reading Price Charts Bar by Bar" has all the information you need to succeed at this endeavor and will put you in the best position possible to make the most of your time in today's turbulent markets.

Praise for "Reading Price Charts Bar by Bar"

"Al Brooks has written a book every day trader should read. On all levels, he has kept trading simple, straightforward, and approachable. By teaching traders that there are no rules, just guidelines, he has allowed basic common sense to once again rule how real traders should approach the market. This is a must-read for any trader that wants to learn his own path to success."
--Noble DraKoln, founder ofwww.SpeculatorAcademy.com and author of "Trade Like a Pro" and "Winning the Trading Game"

"Al Brooks is a trader's trader. He understands the focused energy it takes to be successful at trading and works long, hard hours in front of the computer screen to beat the markets. In his first trading book, he outlines, selflessly, his strategy step by step. A doctor and educator in his previous life, he uses his eye for detail and transfers lessons he learned in training himself on the art of trading to the written page. For those who are willing to delve into the details of day trading and dedicate the time and energy to do it seriously and most likely profitably, Al Brooks's book "Reading Price Charts Bar by Bar," is a must-read."
--Ginger Szala, Publisher and Editorial Director, "Futures" magazine

Traders caught at the crossroads of traditional, proven, trading techniques - and new online tools and methods - have struggled to find a way of blending the two together into a unified trading system. Now, the marriage of the methods is complete, and brought into sharp focus in New Frontiers in Fibonacci Trading. This groundbreaking new work combines the foundations of Fibonacci trading with classic charting techniques, modern applications, and cutting edge online analysis tools.Michael has gone beyond his role as 'student" of the markets - becoming a gifted teacher in the process. He has not only mastered traditional charting and timing techniques - he's developed new methods of his own by adopting Fibonacci fundamentals to the online trading arena in which today's trader must operate for maximum advantage. He's broken down his process into an understandable 5-part 'system" which encompasses.- The Building Blocks of Price Action - market structures, retracement patterns and Fibonacci basics- Practical Fibonacci Applications - featuring original new applications explained in simple terms- 'ChartWorks" - a comprehensive charting section featuring indicators, case-study trades, chart-reading tips - and more- Building Good Trading Habits - 3 key steps for making rational, unemotional decisions and maintaining a steady, clear-headed focus throughout the trading day - even when the market is giving off mixed messages- Enthios RealTime - Puts all the pieces together, and introduces new methods that form the core of his own propriety 'Objective Method Trading System"With detailed charts and graphics throughout, each chapter illustrates real trading situations, setups, and solutions. Michael has fused cherished trading concepts and Fibonacci basics with his own experiences in online, real-time trading. The result is a thorough new primer that shows you how to trade with greater success - on a consistent basis.

Praise for the Classic Guide to the Bond Market

"This is simply the most comprehensive, useful look-it-up book on municipal bonds I’ve ever read (said with all due respect to The ABC of Municipal Bonds my dad wrote in 1937 when I was nine). Read Fundamentals cover to cover. I’m keeping mine in my briefcase, under my arm, at my fingertips. No accountant, financial advisor, attorney, new bond salesman, reporter, regulator, test-writer, cautious, suspicious first-time investor in municipal bonds, or dinner guest is ever going to catch me again with a question about municipal bonds I can’t answer."–Jim Lebenthal, Chairman, Lebenthal & Co.

"Judy Wesalo Temel gives us the Rosetta stone of the municipal bond market, the key to unraveling the many mysteries of ‘muni’s.’ Her book, a fresh take on the old standard Fundamentals of Municipal Bonds, updates chapter and verse on everything from investing to underwriting, from over-the-counter to over-the-Internet. The style is clean, crisp, and as simple as this complex subject can be. Are you a novice who wonders how to invest in bonds? She lays out the basics. Examples are easy to follow–even the mathematical ones that are critical to explaining how municipal bonds work. At the same time, there is plenty of meat for the pros. Whether you need to start from square one and learn all about municipal bonds and how they work, or need a ready reference for specific technical questions you run across as a market professional, this book is for you."–Kathleen Hays, Economics Editor, Credit Markets Reporter, and "Bond Belle" CNBC

"This is a must-read for every scholar, banker, and public official concerned with local government finance in the United States. Judy Wesalo Temel has done the impossible: she has clearly and insightfully explained how we finance the development of the nation's vital public infrastructure. This is an important book, one that will be required reading for professionals responsible for planning, designing, and evaluating publicly financed projects–the health care, transportation, and educational facilities that all citizens rely upon. The bond market is an essential element in the life of local and state government, and this book makes it understandable to all Americans."–Mitchell Moss, Henry Hart Rice Professor of Urban Planning and Director, Taub Urban Research Center, Robert F. Wagner Graduate School of Public Service, New York University

A BUSINESSWEEK BESTSELLER

"Anyone" can learn to invest wisely with this bestselling investment system

Through every type of market, William J. O'Neil's national bestseller, "How to Make Money in Stocks," has shown over 2 million investors the secrets to building wealth. O'Neil's powerful CAN SLIM(R) Investing System--a proven 7-step process for minimizing risk and maximizing gains--has influenced generations of investors.

Based on a major study of market winners from 1880 to 2009, this expanded edition gives you: Proven techniques for finding winning stocks before they make big price gains Tips on picking the best stocks, mutual funds, and ETFs to maximize your gains 100 new charts to help you spot today's most profitable trends

PLUS strategies to help you avoid the 21 most common investor mistakes

"I dedicated the "2004 Stock Trader's Almanac" to Bill O'Neil: 'His foresight, innovation, and disciplined approach to stock market investing will influence investors and traders for generations to come.'"
--Yale Hirsch, publisher and editor, "Stock Trader's Almanac" and author of "Let's Change the World Inc."

""Investor's Business Daily" has provided a quarter-century of great financial journalism and investing strategies."
--David Callaway, editor-in-chief, MarketWatch

""How to Make Money in Stocks" is a classic. Any investor serious about making money in the market ought to read it."
--Larry Kudlow, host, CNBC's "The Kudlow Report"

The second edition of "An Introduction to Credit Derivatives" provides a broad introduction to products and a marketplace that have changed significantly since the financial crisis of 2008. Author Moorad Choudhry gives a practitioner's perspective on credit derivative instruments and the risks they involve in a succinct style without sacrificing technical details and scientific precision.

Beginning with foundational discussions of credit risk, credit risk transfer and credit ratings, the book proceeds to examine credit default swaps and related pricing, asset swaps, credit-linked notes, and more. Ample references, appendices and a glossary add considerably to the lasting value of the book for students and professionals in finance.
A post-crisis guide to a powerful bank risk management product, its history and its useLiberal use of Bloomberg screens and new worked examples increase hands-on practicalityNew online set of CDS pricing models and other worksheets multiply the book's uses

This is an intellectual biography of G.L.S. Shackle, economic theorist, philosopher, and historian of economic theory. It explores how Shackle challenged the aims, methods and assumptions of mainstream economics. He stressed macroeconomic instability, and developed a radically subjectivist theory for behavioural economics and business planning.

Get a flying headstart on trend trading with this comprehensive how-to guide The Universal Tactics of Successful Trend Trading: Finding Opportunity in Uncertainty delivers powerful and practical advice for the serious trend trader. Using the principles identified in The Universal Principles of Successful Trading, author Brent Penfold shows curious investors how to become a long-term winner with tried-and-true trend trading methodologies. The book includes in-depth and comprehensive treatments of topics like: - Why trend trading is so appealing - Popular and effective trend trading strategies - How to measure risk - Common trend trading mistakes and how to avoid them Investors and readers will also discover the importance of risk, and how to judge outcomes and strategies on a risk-adjusted basis. Perfect for anyone interested in trading successfully, The Universal Tactics of Successful Trend Trading is a key strategy guide that belongs on the shelf of anyone involved in the buying and selling of financial securities.

The definitive report on what caused America's economic meltdown- and who was responsible.

The financial and economic crisis has touched the lives of millions of Americans who have lost their jobs and their homes, but many have little understanding of how it happened. Now, in this very accessible report, readers can get the facts. Formed in May 2009, the Financial Crisis Inquiry Commission (FCIC) is a panel of 10 commissioners with experience in business, regulations, economics, and housing, chosen by Congress to explain what happened and why it happened. This panel has had subpoena power that enabled them to interview people and examine documents that no reporter had access to.

The FCIC has reviewed millions of pages of documents, and interviewed more than 600 leaders, experts, and participants in the financial markets and government regulatory agencies, as well as individuals and businesses affected by the crisis.

In the tradition of The 9/11 Commission Report, The Financial Crisis Inquiry Report will be a comprehensive book for the lay reader, complete with a glossary, charts, and easy-to-read diagrams, and a timeline that includes important events. It will be read by policy makers, corporate executives, regulators, government agencies, and the American people