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In 1853, Langstroth published The Hive and the Honey-Bee (Northampton (Massachusetts): Hopkins, Bridgman, 1853), which provided practical advice on bee management and, is the basis of this publication. Langstroth revolutionized the beekeeping industry by using bee space in his top-opening hive. In the summer of 1851 he found that, by leaving an even, approximately bee-sized space between the top of the frames holding the honeycomb and the flat coverboard above, he was able quite easily to remove the coverboard, which was normally well cemented to the frames with propolis, making separation hard to achieve. He later used this discovery to make the frames themselves easily removable. If a small space was left (less than 1/4 inch or 6.4 mm) the bees filled it with propolis; on the other hand, when a larger space was left (more than 3/8 inch or 9.5 mm) the bees filled it with comb. On 5 October 1852, Langstroth received a patent on the first movable frame beehive in America. A Philadelphia cabinetmaker, Henry Bourquin, a fellow bee enthusiast, made Langstroth's first hives for him and by 1852 Langstroth had more than a hundred of these hives and began selling them where he could. Langstroth spent many years attempting to defend his patent without success. He never earned any royalties because the patent was easily and widely infringed. Langstroth hives are still in common use today.
It's no secret that stock market performance over recent years has been disappointing, to say the least -- or abysmal, to be more realistic. And when the markets go down, mutual funds go down with them. So what are Canadian investors to do? Hedge funds are alternative investments that are designed to provide investors with strong returns during both bull and bear markets. More widely available than ever before, the popularity of hedge funds has been growing rapidly in Canada, thanks to regulatory changes and the continued poor performance of more traditional investment vehicles. But with risks and pitfalls of their own, they are often misunderstood by the average investor. Written by two of the industry's top experts and commentators, this is the first book of its kind -- a complete guide to the hedge fund industry in Canada -- now completely revised: Includes complete coverage on: what hedge funds are and how to use them to your advantage; myths and facts about hedge funds; the difference between hedge funds and mutual funds; how to assess hedge funds and measure your risk; how to buy a hedge fund; how to apply different hedge fund styles in your portfolio; and much more.New information in this edition includes: Expanded and updated hedge fund profiles and ratings; up-to-date information on the hedge fund market in Canada; new types of funds and other innovations in the field; additional investment strategies.Features completely updated profiles and ratings of hedge funds currently available in Canada -- expanded to cover 100 funds. Each profile includes a description of the fund, information on the fund's manager, performance numbers, terms and conditions, and risk data. "A valuable and complete update to the first edition. Miklos Nagy and Peter Beck have done it again: explaining complex financial products to everyone wanting to know more about hedge funds. After Portus, this book is a must for any advisor or investor." -- "Tom Hockin, President and CEO of The Investment Funds Institute of Canada" ""Hedge Funds for Canadians" is a thorough and highly readable look at a subject many Canadian investors probably haven't felt comfortable with. Peter Beck and Miklos Nagy have managed to take the mystery out of this relatively sophisticated investment strategy." -- "James Walker, Editor, Investment Executive" "A useful and thorough primer on a subject of critical importance to Canadian investors." -- "Michael den Tandt, Columnist with" The Globe & Mail's Report on Business
"Even though conventional wisdom suggests otherwise, creative people can copy other people's work and it is legal. How is this possible? By using the vast pool of creative works that fall into a category called Public Domain. This book shows how the author has built a public domain publishing company on a shoestring, how he has used his company to publish his own writing and how he optimizes his relationships with other publishing entities like Create Space, Lightning Source and Amazon. This Second, Updated Edition contains know-how on eBook publishing for the Kindle, Nook and Apple's iPhone and iPad devices."
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