PRAISE FOR HIGH-FLYING ADVENTURES IN THE STOCK MARKET
"A wonderful read–Baker takes you through a year in the life of a fund manager–it’s so well conceived and written that you’ll think you were there too. Individual investors who manage their own money should put this book in their ‘portfolio.’ Informative, educational, great fun."–Larry Waterhouse Jr., Chairman, TD Waterhouse Investor Services, Inc.

"Most Americans know mutual funds only by their performance numbers. In High-Flying Adventures in the Stock Market, Molly Baker takes us inside the fund industry to give us a compelling and intimate look at the human drama of running a fund."–Douglas K. Sease, Editor, Wall Street Journal Books

"Baker uses the eye for detail she acquired as a reporter for the Wall Street Journal to explain the high-pressure world of the money manager in laymen’s terms. For those seeking a readable, inside account of the ’90s historic stock market boom, this is a book to add to the portfolio."–Dana Milbank, staff writer, The Washington Post

"Baker has provided an unusual perspective into the world of mutual fund management. She is a real reporter who is skilled in her understanding of what she describes and lively in her choice of episodes. The book is fun as well as informative."–Peter L. Bernstein, President, Peter L. Bernstein, Inc. author of Against the Gods: The Remarkable Story of Risk

"A fantastic voyage through the mutual fund universe. Every investor should read this book."–Andrew Metrick, Assistant Professor of FinanceThe Wharton School, University of Pennsylvania

This book presents the latest empirical findings on stock markets in a number of emerging markets. The authors employ the latest techniques and provide valuable insights into each market, highlighting global integration, their potential for profitable investments and features that will be influential in global portfolio decision-making.

Stock Investing for Everyone

This book is written for a broad category of investors–ranging from the inexperienced part-timer interested in learning more about analyzing stocks and taking advantage of market trends to the seasoned pro, aiming to hone his or her skills and learn more about the latest investment strategies, tools, and techniques.

Written by an exceptionally well qualified author team–one of whom, Vaqar Zuberi, was ranked among the top 5% of proprietary traders for seven years running–Stock Investing for Everyone covers all the bases, from market fundamentals to advanced electronic stock screening and ranking tools. Without abstruse theory or complex mathematics, it supplies clear, step-by-step instructions on how to:

• Research stocks using the Internet, newsletters, company reports, and other major resources
• Use sophisticated stock valuation tools and techniques
• Conduct fundamental and technical analysis
• Analyze key fundamental and momentum indicators such as EPS, trading volume, moving averages, and others
• Recognize and exploit market trends
• Screen and rank stocks using both traditional and the latest electronic tools
• Interpret stock behavior and effectively handle both weakening and red-hot stocks
• Use the investment strategies and techniques of stock market professionals
• Employ sophisticated risk and portfolio management techniques
• Screen stocks using the original, highly effective "Express" method

Stock Investing for Everyone arms you with the knowledge and skills you need to minimize risk and maximize the returns on your stock investments.

Praise for Stock Investing for Everyone

"A valuable source of investment strategies and general investing information for all levels of investors. I work in the financial industry, providing investment research data to individual and institutional investors,and I still learned a great deal from this book. Any investor can use the tools provided here to help make profitable investment decisions. I strongly recommend this book to anyone who is beginning to enter the market or to experienced investors seeking to broaden their knowledge base."
–Brett A. Bernstein, Vice President, Zacks Investment Research, Inc.

"What makes this book terrific is that it provides a very thorough and up-to-date treatment of stock analysis, particularly as to stock valuation, that individual investors can easily understand."–Chuck Hill, Director of Research, First Call Corporation

"The authors provide a thorough and comprehensive guide to the do’s and don’ts of stock investing." – Jim Solloway, former Director of Research, Argus Research Corp.

"A comprehensive, nuts-and-bolts book that can meet the needs of novice, experienced, and professional stock market investors. Unlike most books on investing, this book focuses solely on the stock market and, consequently, fills a void in that area." – Isidro A. Diaz-Tous, President, Encor-America, Inc.

Trend Following Mindset brings to life the timeless conversations between Tom Basso and Michael Covel originally featured on Michael's renowned Trend Following podcast. In these profound and enlightening exchanges, Tom shares with Michael his deep wisdom on trading, business, life, and the how and why of his mindset. Tom Basso, dubbed Mr. Serenity by Jack Schwager, is one of the most experienced and knowledgeable trend-following traders in the world today-a trading legend who lives life to the fullest. Tom's most important trend following research papers are presented together for the first time, delivering a treasure trove of trading insights. Michael also pulls from Tom his perspective on: How to get started in trading; What trend following is, and how and why it works so well; Constructing your trading system; Position sizing and account management; The work-life balance of a trader; The transition from independent trader to professional money manager; and so much more. Trend Following Mindset will teach you the mindset of one of the great trend followers. Most important of all, it will show you how to do as Tom does ... and enjoy the ride.

Paul Mumford is a noted stock-picker with over 50 years' experience in the markets - first as a stock broker and then as a star fund manager. In The Stock Picker, Mumford takes a deeply personal look back at his time investing: exploring not only the secrets of his successful approach to the markets and how to find great shares but reminiscing about the changes that have taken place in the investing world since the early 1960s. This book is not an investing how-to: instead it is a financial history straight from the horse's mouth. While there is much for investors to learn from, it is an also evocative window into a vanished City of stock jobbers, messenger boys, luncheon vouchers and ledger-keepers - not to mention financial crises, booms and busts, and the life and death of companies great and small. Mumford also covers how his own personal life has influenced his stock-picking approach: from running his own bookmaking business as a schoolboy to an ill-fated attempt at oil painting at night school (not to mention the vibrant music scene of the late 1950s).The Stock Picker is a charming and readable autobiography that pulls no punches - ideal for any investor interested in what has made a leading fund manager tick, or who simply wants to spend some time nostalgically looking back at how the investing and wider world has changed over the years.

Drive profit and manage risk with expert guidance on trade processing The Trade Lifecycle catalogues and details the various types of trades, including the inherent cashflows and risk exposures of each. Now in its second edition, this comprehensive guide includes major new coverage of traded products, credit valuation adjustment, regulation, and the role of information technology. By reading this, you'll dissect a trade into its component parts, track it from preconception to maturity, and learn how it affects each business function of a financial institution. You will become familiar with the full extent of legal, operational, liquidity, credit, and market risks to which it is exposed. Case studies of real projects cover topics like FX exotics, commodity counterparty risk, equity settlement, bond management, and global derivatives initiatives, while the companion website features additional video training on specific topics to help you build a strong background in this fundamental aspect of finance. Trade processing and settlement combined with control of risk has been thrust into the limelight with the recent near collapse of the global financial market. This book provides thorough, practical guidance toward processing the trade, and the risks and rewards it entails. * Gain deep insight into emerging subject areas * Understand each step of the trade process * Examine the individual components of a trade * Learn how each trade affects everything it touches Every person working in a bank is highly connected to the lifecycle of a trade. It is the glue by which all departments are bound, and the aggregated success or failure of each trade determines the entire organization's survival. The Trade Lifecycle explains the fundamentals of trade processing and gives you the knowledge you need to further your success in the market.

The behavior of multinational corporations and their affiliates, and the impact of foreign direct investment on host economics, vary between countries and industries in a systematic way. MNCs select their strategies depending on the characteristics of their technologies and products. Some host country governments try simultaneously to influence behavior of the foreign MNC's operating in their territory. The effects of (FDI) on the host economy are determined by this intricate interplay of firm and host country strategies. This book summarizes more than a decade of research aiming to understand this interplay.

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.

Venture Capital. A Euro-System Approach covers a wide spectrum of topics: it investigates the way venture capital really works, the relations between venture capital, corporate banking and stock exchanges, market trends in Europe and the US, legal issues related to the creation of venture capital firms and closed end funds, and finally regulatory and economic policy issues. The book is based on a strong link between a rigorous methodological approach and real world best practices of venture capitalists - thanks to a team of contributors formed by both academics and professionals of different fields (venture capitalists, financial analysts, regulators, stock exchange executives).

Stock Message Boards provides empirical data to reveal how online communication not only impacts stock returns, but also volatility, trading volume, and liquidity, as well as an investing firm's value and reputation.

Whether you are an investment professional managing billions of dollars or an individual investor with a small nest egg, "TrimTabs Investing" shows you how to beat the major stock market averages with less risk. This groundbreaking book begins by comparing the stock market to a casino in which the house (public companies and the insiders who run them) buys and sells shares with the players (institutional and individual investors). "TrimTabs Investing" argues that stock prices are primarily a function of liquidity--the amount of shares available for purchase and the amount of money available to buy them--rather than fundamental value. Finally, it outlines the building blocks of liquidity theory and explains how you can use them to predict the direction of the stock market.

"Charles Biderman, a savvy and battle-scarred veteran of the investment wars, has fashioned an intriguing approach to making money in the stock market that adroitly avoids both heavy-breathing speculation and the standard Wall Street practices that enable investors, big and small, to lose money in good markets as well as bad. Aimed at the sophisticated investor (which may or may not be an oxymoron), the book is written in blessedly straightforward prose and is a worthwhile read for anyone with an urge to have a fling at investing.--Alan Abelson
"Barron's"

"Since the days of Joseph and Pharaoh, it has been axiomatic that the size of the grain harvest affects the level of grain prices; but today's investors have been slow to appreciate the fact that the supply of stock shares significantly determines the level of stock prices. Biderman's long overdue book outlines the theory and evidence behind 'Trading Float, ' the actual--and exploitable--power behind major moves in the stock market. --Paul Montgomery
CEO and CIO of Montgomery Capital Management

"'Trade as corporate execs do, not as they say.' Charles Biderman has built an impressive list of hedge fund clients from this essential insight, and this book does a great job explaining exactly how retail investors can incorporate it into their investing."--Eric Zitzewitz
Assistant Professor of Economics, Stanford Graduate School of Business

"Charles Biderman is a smart thinker, clear writer--and he offers here some very interesting ideas. This book is for the little guy who enjoys reading about money and economics, even if he doesn't adopt the strategies offered here; and for the professional or sophisticated investor, who, to a greater or lesser degree, just might.--Andrew Tobias
author of "The Only Investment Guide You'll Ever Need"

Anyone who wants to understand stock market cycles and develop a focused, thoughtful, and solidly grounded valuation approach to the stock market must read this book. Bolten explains the causes and patterns of the cycles and identifies the causes of stock price changes. He identifies the sources of risks in the stock market and in individual stocks. Also covered is how the interaction of expected return and risk creates stock market cycles. Bolten talks about the industry sectors most likely to be profitable investments in each stage of the stock market cycles, while identifying the stock market bubble and sinkhole warning signs. The role of the Federal Reserve in each stage of the stock market cycle is also discussed.

All the categories of risk are identified and explained while no specific risk is left undiscussed. The underlying causes for long-term stock price trends and cycles are highlighted. The book is useful in many areas including stock analysis, portfolio management, cost of equity capital, financing strategies, business valuations and spotting profit opportunities caused by general economic and specific company changes.

Most investment books try to assess the attractiveness of a stock price by estimating the value of the company. Expectations Investing provides a powerful and insightful alternative to identifying gaps between price and value. Michael J. Mauboussin and Alfred Rappaport suggest that an investor start with a known quantity, the stock price, and ask what it implies for future financial results. After showing how to read expectations, Mauboussin and Rappaport provide a guide to rigorous strategic and financial analysis to help investors assess the likelihood of revisions to these expectations. Their framework traces value creation from the triggers that shape a company's performance to the impact on the value drivers. This allows a practitioner of expectations investing to determine whether a stock is an attractive buy or sell candidate. Investors who read this book will be able to evaluate stocks of companies in any sector or geography more effectively than those who use the standard approaches of most investors. Managers can use the book's principles to devise, adjust, and communicate their company's strategy in light of shareholder expectations. This revised and updated edition reflects the many changes in accounting and the business landscape since the book was first published and provides a wealth of new examples and case studies.

The first book to provide a simple and practical means of valuing biotech companiesThe book begins with a short history of the biotechnology industry; this is important as although it is about 30 years old, the first company went public only in 1996, so it is possible to plot the course of investment waves and dipsIt examines the European industry and its evolvement, and draws parallels between the similarities and differences between that and the USLooks at the various companies which make up the biotech industry (therapeutic; life sciences; and the medical technology company) and gives tools for the investor to properly evaluate themPraise for "Biotechnology Valuation"

"Keegan states that the valuation of Biotech companies is as much an art as a science. This brief but comprehensive review of the skills and knowledge required, not of just the financial market and sentiment, but also of the technical attributes of a company and the drug development and regulatory hurdles that must be overcome, highlights the importance of the breadth of understanding required. Biotech investing is not for the timid, but it can bring substantial returns. Keegan's book, punctuated with his personal experience and opinions, is a good place to start."--Chris Blackwell, Chief Executive, Vectura Group plc

"A user-friendly, yet thorough discussion of a notoriously difficult topic. Dr Keegan's book is a fine resource for both business types and academicians."--Steve Winokur, Managing Director, CanaccordAdams

"A highly readable and comprehensive explanation of the technical and commercial parameters that influence biotechnology companies at all stages of development, providing clear context for selection from the toolkit of valuation methodologies the author recommends to assess company and product performance, or ascribe value."--Dr L.M. Allan, Director, Bioscience Enterprise Programme, University of Cambridge

"A fabulous approach to a difficult topic."--Deirdre Y. Gillespie, MD, President & CEO, La Jolla Pharmaceutical Company

The politics of business have become the business of politics. Across the world the lesson is clear: just as too much governmental interference leads to dysfunctional economies, left to its own devices the market is incapable of adequate self-regulation.

The corporate malfeasance crisis in the United States has transformed global perceptions about the efficacy of regulatory structures in combating corrupt practices in private and public sectors. The design of effective corporate governance structures depends not just on internal factors but also on the inter-relationship between various actors that constitute wider governance: politicians, lobbyists, corporations and regulators.

"Wall Street on Trial: " "A Corrupted State" breaks new ground by deconstructing the systemic flaws inherent in the model itself. It reveals that the 'rotten apple' theory, positing the problems in corporate America as merely the result of deviancy by an individual or a single firm, is an intellectual deceit not supported by the facts.

Part of a series which focuses on advances in futures and options research, this volume discusses a variety of topics in the field.

This book introduces readers to a new approach to identifying stock market bubbles by using the illiquidity premium, a parameter derived by employing conic finance theory. Further, it shows how to develop the closed form formulas of the bid and ask prices of European options by using Black-Scholes and Kou models. By using the derived formulas and sliding windows technique, the book explains how to numerically calculate illiquidity premiums. The methods introduced here will enable readers interested in risk management, portfolio optimization and hedging in real-time to identify when asset prices are in a bubble state and when that bubble bursts. Moreover, the techniques discussed will allow them to accurately recognize periods of exuberance and panic, and to measure how different strategies work during these phases with respect to calmer periods of market behavior. A brief history of financial bubbles and an outlook on future developments serve to round out the coverage.

A proven, easy-to-understandmethod for makingmoney with options

"If you've never invested in the stock market, this is the book for you. If you've been investingfor years . . . this is still the book for you. A fantastic introduction to options."
--Jon "DOCTOR J" Najarian, Co-founder, OptionMonster.com

Spread trading-the practice of combining optiontrades and adjusting them over time-is being used successfullyby more and more professional traders. In this book, Greg Jensenshows nonprofessionals the tremendous advantages thissafe and profitable method offers.

In simple and precise terms, "Spread Trading" providesreaders with all the essential tools to begin trading options.It explains, in nine simple steps, the basics of puts, calls, strike prices, and spreads-assuming no prior knowledge onyour part-and tells how to profit no matter what the market does.The author has helped thousands of people achieve successimplementing this approach, and with Spread Trading, hecontinues to educate individuals on the benefits of trading thisway, showing you how to make money while reducing risk.

Building his lessons around the entertaining story oftwo ordinary guys figuring out how to trade options with each other, Jensen offers more than dry formulas-he relates the sense andthe intuition of trading options in a way that is simple, methodical, and easy to follow.

As yet, single stock futures are still in their infancy, but they now represent the most exciting new product launch within the equity derivatives arena. They have a multiplicity of advantages for many traders and investors, being cheap, easy to understand, and a highly efficient use of capital to enhance investor opportunities.

Single Stock Futures is a practical, easy-to-read and comprehensive guide that will help traders and investors understand and utilise this innovative and exciting product.

"SSFs have been portrayed...as a new stage in the evolution of financial derivatives - which is certainly the case. But they could be more than that: they could radically alter the dynamics of equity investing...The possibilities are huge, but as yet only dimly perceived."

From Single Stock Futures - The Ultimate Derivative, written by David Lascelles for the Centre for the Study of Financial Innovation.

A practical solution for profitably using popular chart patterns

In his follow-up to the well-received Encyclopedia of Chart Patterns, Thomas Bulkowski gives you a practical game plan to capitalize on established chart patterns. Written for the novice investor but with techniques for the professional, Trading Classic Chart Patterns includes easy-to-use performance tables, vivid case studies, and a scoring system that makes trading chart patterns simple. This comprehensive guide skillfully gives you straightforward solutions to profitably implementing chart patterns.

"No one–not even the pioneers of technical analysis like Dow, Schabacker, Edwards, and Magee–has ever published such in-depth and objective research on chart patterns as Thomas Bulkowski has in his Encyclopedia of Chart Patterns and his new book, Trading Classic Chart Patterns. Bulkowski sees farther, not only because he stands on the shoulders of those giants, but also because he has the creativity necessary to develop new methods of quantifying the performance of chart patterns and the tenacity required to carry out the laborious research. Highly recommended!"
–Thomas A. Bierovic, author, Playing for Keeps in Stocks & Futures: Three Top Trading Strategies That Consistently Beat the Markets

Trading Classic Chart Patterns also serves as a handy reference guide for favorite chart patterns, including broadening tops, head-and-shoulders, rectangles, triangles, and bottoms. Filled with numerous techniques, strategies, and insights, Trading Classic Chart Patterns fits perfectly into any pattern trader’s arsenal.

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.

For courses in derivatives, options and futures, financial engineering, financial mathematics, and risk management. An Easily Understandable Introduction to Futures and Options Markets Fundamentals of Futures and Options Markets covers much of the same material as Hull's acclaimed title, Options, Futures, and Other Derivatives. However, this text simplifies the language for a less mathematically sophisticated audience. Omitting calculus completely, the book is suitable for any graduate or undergraduate course in business, economics, and other faculties.

Both quantitative and qualitative analysis is used to review China's stock market in a book containing the latest research on China's IPO market, the 2006-07 market bubble, the development of institutional investors, the stock index futures market, stock sector performance, corporate governance of listed firms and China's growth enterprise market.