Economy & Finance

In his timeless classic, America's number one money manager and bestselling author, reveals the philosophy behind his spectacular record 'think like an amateur'.

'One of the smartest books of all time' Fortune'The hottest thinker in the world' Sunday TimesEveryone wants to succeed in life. But what causes some of us to be more successful than others? Is it really down to skill and strategy - or something altogether more unpredictable?This book is the bestselling sensation that will change the way you think about business and the world. It is all about luck: more precisely, how we perceive luck in our personal and professional experiences. Nowhere is this more obvious than in the markets - we hear an entrepreneur has 'vision' or a trader is 'talented', but all too often their performance is down to chance rather than skill. It is only because we fail to understand probability that we continue to believe events are non-random, finding reasons where none exist.'An iconoclastic tour de force ... nothing escapes his Exocets' Evening Standard 'Brilliant' John Kay 'Excellent and thought-provoking ... an entertaining book' Financial Times 'Wall Street's principal dissident' Malcolm Gladwell

The Times, Observer, Financial Times, New Statesman and Times Literary Supplement Books of the Year 2014Michael Lewis, the Master of the Big Story, is back with Flash BoysIf you thought Wall Street was about alpha males standing in trading pits hollering at each other, think again. That world is dead.Now, the world's money is traded by computer code, inside black boxes in heavily guarded buildings. Even the experts entrusted with your cash don't know what's happening to it. And the very few who do aren't about to tell - because they're making a killing.This is a market that's rigged, out of control and out of sight; a market in which the chief need is for speed; and in which traders would sell their grandmothers for a microsecond. Blink, and you'll miss it.In Flash Boys, Michael Lewis tells the explosive story of how one group of ingenious oddballs and misfits set out to expose what was going on. It's the story of what it's like to declare war on some of the richest and most powerful people in the world. It's about taking on an entire system. And it's about the madness that has taken hold of the financial markets today.You won't believe it until you've read it.'I read Michael Lewis for the same reasons I watch Tiger Woods. I'll never play like that. But it's good to be reminded every now and again what genius looks like' - Malcolm Gladwell'Probably the best current writer in America' - Tom Wolfe

Environmental economics can be controversial, but it is also central to some key policy issues facing governments and society today, including industrial pollution, global warming, and waste/recycling. Stephen Smith looks at how economic activity affects the environment in which we live, and how environmental policies can most effectively be used.

This story literally has what it takes: the anecdotes, the insights and, most of all,the values to guide the next generation of entrepreneurs. Mark Carney The real story of what it takes from a man who could turn dreams into realities.Ray Dalio Candid, funnyand real, Steve offers wisdom and the gift ofmuch-needed common sensechapter by chapter and experience by experience.A great read! John KerryFrom Blackstone chairman, CEO and co-founder Stephen A. Schwarzman, a long-awaited book that uses impactful episodes from Schwarzmans life to show readers how to build, transform and lead thriving organisations. Whether you are a student, entrepreneur, philanthropist, executive or simply someone looking for ways to maximise your potential, the same lessons apply. People know who Stephen Schwarzman is he's the man who took $400,000 and co-founded Blackstone, the investment firm that manages over $500 billion (as of January 2019). He's the CEO whose views are sought by heads of state. He's the billionaire philanthropist who founded Schwarzman Scholars, this century's version of the Rhodes Scholarship, in China. But behind these achievements is a man who has spent his life learning and reflecting on what it takes to achieve excellence, make an impact, and live a life of consequence. Folding handkerchiefs in his father's linen shop, Schwarzman dreamed of a larger life, filled with purpose and adventure. After starting his career in finance at a financial firm called DLJ, Schwarzman began working at Lehman Brothers where he ascended to run the mergers and acquisitions practice. He eventually partnered with his mentor and friend Pete Peterson to found Blackstone, where Schwarzman's simple mantra don't lose money has helped Blackstone become a leading private equity and real estate investor, and manager of alternative assets for institutional investors globally. Schwarzman is also an active philanthropist, having given away more than a billion dollars. His gifts have ranged from creating a new College of Computing at MIT for the study of artificial intelligence, to establishing a first-of-its-kind student and performing arts centre at Yale, to founding the Schwarzman Scholars fellowship programme at Tsinghua University in Beijing the single largest philanthropic effort in China's history from international donors. From deal-making to investing, leadership to entrepreneurship, philanthropy to diplomacy, Schwarzman has lessons for how to think about ambition and scale, risk and opportunities, and how to achieve success through the relentless pursuit of excellence.

'If you want to be inspired to build more sustainable organizations, Deep Purpose should be your next read' Arianna Huffington, Founder & CEO, Thrive Global'Insightful, practical, and timely' Adam Grant, #1 New York Times bestselling author of Think Again and host of the TED podcast WorkLife'Deep Purpose points to the conversations we must have right now about how to redefine the role of business in society, restore trust, and enhance our license to operate ... Highly recommended' Paul Polman, former CEO, Unilever--------------Distinguished Harvard Business School professor Ranjay Gulati takes readers inside some of the world's most purposeful companies to understand the secrets to their successFew business topics have aroused more skepticism in recent years than the notion of corporate purpose, and for good reason. Too many companies deploy purpose as a promotional vehicle to make themselves feel virtuous and to look good to the outside world. Some have only foggy ideas about what purpose is and conflate it with strategy and other concepts like 'mission', 'vision' and 'values'. Even well-intentioned leaders don't understand purpose's full potential and engage with it half-heartedly and superficially. Having conducted extensive field research and interviewed leadership at purpose-oriented companies including Etsy, Lego and Microsoft, Ranjay Gulati reveals the fatal mistakes leaders unwittingly make when attempting to implement a reason for being. Moreover, he shows how companies can embed purpose much more deeply, delivering impressive performance benefits that reward customers, suppliers, employees, shareholders and communities alike. To get this right, leaders must fundamentally change not only how they execute purpose but also how they conceive of and relate to it. They must practice what Gulati calls deep purpose, furthering each organisation's reason for being more intensely, thoughtfully and comprehensively than ever before.As he argues, a deeper engagement with purpose can serve as a radically new operating system, enhancing performance while also delivering meaningful benefits to society. It's the kind of inspired thinking that businesses - and the rest of us - urgently need.--------------- 'Purpose isn't a "e;nice-to-have"e; in the business world anymore. It's a "e;must-have"e;. This comprehensive guide breaks down why cultivating purpose isn't just the right thing for businesses to do - it's the smart thing too.' Carmine Di Sibio, Global Chairman and CEO, EY'Many leaders today strive to align purpose with financial success, but only a few succeed. Gulati analyzes the tough challenges that leaders everywhere must address if they are to save the planet while also delivering strong profits.' Toshiaki Higashihara, Executive Chairman & CEO, Hitachi, Ltd.

Now in its sixth edition, Business Analysis and Valuation: IFRS Standards edition has successfully taught students how to interpret IFRS-based financial statements for more than twenty years. With the help of international cases, the authors illustrate the use of financial data in various valuation tasks and motivate students to build a thorough understanding of theoretical approaches and their practical application.

Start your journey to financial success with Female Invest's bootcamp for safe, smart and sustainable investing.Are you one of the 68% of women worldwide earning less than a man doing exactly the same job? Then you need to make your money work harder, starting now. The trio of founders behind the global movement Female Invest bring you an empowering guide with a straight-talking message: you don't have to be an expert or a millionaire to make money. Simply equip yourself with easy-to-follow golden rules and tools to find your confidence and open up a whole new world of opportunities. Whether you want to master the art of setting realistic goals, demystify jargon and markets, gain independence, or finally get excited about your financial future, find all the answers you need and more with this comprehensive guide.

The classic bestseller by Benjamin Graham, "The Intelligent Investor" has taught and inspired hundreds of thousands of people worldwide. Since its original publication in 1949, Benjamin Graham's book has remained the most respected guide to investing, due to his timeless philosophy of "value investing", which helps protect investors against the areas of possible substantial error and teaches them to develop long-term strategies with which they will be comfortable down the road. Over the years, market developments have borne out the wisdom of Graham's basic policies, and in today's volatile market, "The Intelligent Investor" is the most important book you will ever read on making the right decisions to protect your investments and make them a success.Featuring new chapter updates - which append every chapter of Graham's book, leaving his original text untouched - from noted financial journalist Jason Zweig, this HarperBusiness Essentials edition of the timeless classic offers readers an even clearer understanding of Graham's wisdom as it should be applied today.

'A hopeful book about the potential for human progress when we work off facts rather than our inherent biases.' BARACK OBAMATimely, short and essential, FACTFULNESS reveals the power of facts in a post-truth world, by late international sensation Hans Rosling ('a true inspiration' - Bill Gates) and his long-term collaborators Ola and Anna.

Nassim Nicholas Taleb, the bestselling author of The Black Swan and one of the foremost thinkers of our time, reveals how to thrive in an uncertain world. Just as human bones get stronger when subjected to stress and tension, many things in life benefit from stress, disorder, volatility, and turmoil. What Taleb has identified and calls antifragile are things that not only gain from chaos but need it in order to survive and flourish.In The Black Swan, Taleb showed us that highly improbable and unpredictable events underlie almost everything about our world. Here Taleb stands uncer tainty on its head, making it desirable, even necessary. The antifragile is beyond the resilient or robust. The resil ient resists shocks and stays the same; the antifragile gets better and better.What's more, the antifragile is immune to prediction errors and protected from adverse events. Why is the city-state better than the nation-state, why is debt bad for you, and why is what we call "e;efficient"e; not efficient at all? Why do government responses and social policies protect the strong and hurt the weak? Why should you write your resignation letter before starting on the job? How did the sinking of the Titanic save lives? The book spans innovation by trial and error, life decisions, politics, urban planning, war, personal finance, economic systems and medicine, drawing on modern street wisdom and ancient sources.Antifragile is a blueprint for living in a Black Swan world.Erudite, witty, and iconoclastic, Taleb's message is revolutionary: the antifragile, and only the antifragile, will make it.Nassim Nicholas Taleb has devoted his life to problems of uncertainty, probability, and knowledge and has led three careers around this focus, as a businessman-trader, a philosophical essayist, and an academic researcher. Although he now spends most of his time working in intense seclusion in his study, in the manner of independent scholars, he is currently Distinguished Professor of Risk Engineering at New York University's Polytechnic Institute. His main subject matter is "e;decision making under opacity,"e; that is, a map and a protocol on how we should live in a world we don't understand.His books Fooled by Randomness and The Black Swan have been published in thirty-three languages.Taleb believes that prizes, honorary degrees, awards, and ceremonialism debase knowledge by turning it into a spectator sport.

In Doughnut Economics, Oxford academic Kate Raworth identifies seven critical ways in which mainstream economics has led us astray, and sets out a roadmap for bringing humanity into a sweet spot that meets the needs of all within the means of the planet.

The best investment guide money can buy, with more than 1.5 million copies sold, now fuly revised and updated.

The gripping story of an extraordinary life spent inside major disasters - from Hillsborough and 9/11 to Grenfell and Covid - from the UK's leading expert on disaster recovery.

'One of the great business books of all time' Punch'Wickedly funny' Daily Express'Hilarious' New York TimesThe original classic that revealed the truth about ambition, greed and excess in London and Wall Street, by Michael Lewis, the number 1 bestselling author of The Big Short and The Undoing Project.From mere trainee to lowly geek, to triumphal Big Swinging Dick: that was Michael Lewis' pell-mell progress through the dealing rooms of Salomon Brothers in New York and London during the heady mid-1980s when they were probably the world's most powerful and profitable merchant bank. Funny, frightening, breathless and heartless, Liar's Poker is the original story of hysterical greed and excessive ambition, one that is now more potent and enthralling than ever.

Best Loser Wins is an intimate insight into one of the most prolific high-stake retail traders in the world. Tom Hougaard is the winner of multiple trading competitions and on one occasion traded the equivalent of $30,000 into more than $1.3 million over the course of a year.While the average retail trader risks $10 per point in the underlying asset, Tom Hougaard frequently risks up to $3,500 per point. This risk exposure requires a mindset that is out of the ordinary.Normal thinking leads to normal results. For exceptional results, traders must think differently.This book will guide and inspire you in ways no other trading book has. It is not about strategies and money management. It is about mind management. Tom Hougaard provides a unique and refreshingly personal account of how an ordinary trader elevated his game to incredible heights by focusing as much on his mental approach as on his technical analysis.Best Loser Wins explains how you, by thinking differently when you are trading, can elevate your game from mediocre and sporadic, to excellent and consistent. No amount of technical analysis will ever do that for you.Tom Hougaard says, "People don't fail because they don't know enough about technical analysis. They fail because they don't understand what the markets are doing to their minds." Best Loser Wins is an antidote to conventional and flawed thinking in trading, and a blueprint for a new belief system for traders who want to elevate their results to levels they never dreamed they could reach.

Regarded as one of the pioneers of modern investment theory, Philip Fisher's principles are studied and used by numerous contemporary finance professionals, including Warren Buffett. Common Stocks and Uncommon Profits and Other Writingsis invaluable reading and has been since it was first published in 1958.

Who's going to provide for your future? There's a crisis looming in pensions. Investing in property is time-consuming and risky. This work sets out the five key numbers that really count when you're buying stocks and shares; and explains how to use new Internet tools to simplify research.