Economy & Finance

Sir John Templeton, legendary investor, was famous for saying, "The four most dangerous words in investing are, 'This time it's different. '" He knew that though history doesn't repeat, not exactly, history is an excellent guide for investors.

Real Estate Investment Trusts (REITs) provides some of the best total returns in the investment world. This book covers: a comprehensive history of the REIT industry; how REITs compare with other competitive investments; how to spot blue-chip REITs and control investment risk; and how to value individual REIT stocks, and REIT shares generally.

Focusing on four major cultural areas, this book attempts to understand the role of cultural differences within nations and between nations in shaping the economic and social fates of peoples and of whole civilizations.

Covers all aspects of forex trading, from the fundamentals to more advanced trading techniques

The financial collapse of Fannie Mae and Freddie Mac in 2008 led to one of the most sweeping government interventions in private financial markets in history. The bailout has already cost American taxpayers close to $150 billion, and substantially more will be needed. The U.S. economy--and by extension, the global financial system--has a lot riding on Fannie and Freddie. They cannot fail, yet that is precisely what these mortgage giants are guaranteed to do. How can we limit the damage to our economy, and avoid making the same mistakes in the future? Guaranteed to Fail explains how poorly designed government guarantees for Fannie Mae and Freddie Mac led to the debacle of mortgage finance in the United States, weighs different reform proposals, and provides sensible, practical recommendations. Despite repeated calls for tougher action, Washington has expanded the scope of its guarantees to Fannie and Freddie, fueling more and more housing and mortgages all across the economy--and putting all of us at risk. This book unravels the dizzyingly immense, highly interconnected businesses of Fannie and Freddie. It proposes a unique model of reform that emphasizes public-private partnership, one that can serve as a blueprint for better organizing and managing government-sponsored enterprises like Fannie Mae and Freddie Mac. In doing so, Guaranteed to Fail strikes a cautionary note about excessive government intervention in markets.

This book promises to be the definitive guide to the field. It provides a highly sophisticated yet exceptionally clear explanation of game theory, with a host of applications to legal issues.

This comprehensive reference delivers a toolkit for harvesting market rewards from a wide range of investments. Written by a world-renowned industry expert, the reference discusses how to forecast returns under different parameters.

With easy-to-understand explanations and real-life examples, Management & Cost Accounting For Dummies provides students and trainees with the basic concepts, terminology and methods to identify, measure, analyse, interpret, and communicate accounting information in the context of managerial decision-making.

A Global Catastrophic Risk is one that has the potential to inflict serious damage to human well-being on a global scale. This book focuses on such risks arising from natural catastrophes (Earth-based or beyond), nuclear war, terrorism, biological weapons, totalitarianism, advanced nanotechnology, artificial intelligence and social collapse.

Investing is simple, but never easy. We carry a lot of investment baggage--including hot tips from friends and the financial media, and complicated financial recommendations from Wall Street salespeople and brokers. Yet the biggest obstacle we face by far is our ability to outsmart ourselves.

Nearly forty percent of humanity lives on an average of two dollars a day or less. If you've never had to survive on an income so small, it is hard to imagine. How would you put food on the table, afford a home, and educate your children? How would you handle emergencies and old age? Every day, more than a billion people around the world must answer these questions. Portfolios of the Poor is the first book to systematically explain how the poor find solutions to their everyday financial problems. The authors conducted year-long interviews with impoverished villagers and slum dwellers in Bangladesh, India, and South Africa--records that track penny by penny how specific households manage their money. The stories of these families are often surprising and inspiring. Most poor households do not live hand to mouth, spending what they earn in a desperate bid to keep afloat. Instead, they employ financial tools, many linked to informal networks and family ties. They push money into savings for reserves, squeeze money out of creditors whenever possible, run sophisticated savings clubs, and use microfinancing wherever available. Their experiences reveal new methods to fight poverty and ways to envision the next generation of banks for the "e;bottom billion."e; Indispensable for those in development studies, economics, and microfinance, Portfolios of the Poor will appeal to anyone interested in knowing more about poverty and what can be done about it.

Trader Peter Brandt will take readers inside the trading process by revealing how he trades in a diary of his 2009 trades. A long-time successful trader, Brandt will explain his thinking as he searches for trading opportunities and executes his trades throughout the year.

Illuminates the key concepts that you need to know and explains how to utilize them in the real world. This book teaches you how currency trading and overall investing relate and the role of forex in international business and the corporate world. It presents numerous examples and exercises to illustrate the investing techniques that work best.

The Warren Buffett Way Workbook consists of over 500 questions and answers to help readers of The Warren Buffett Way reinforce and cement their knowledge of Buffett s hugely successful investment approach.

An intriguing investigation, shattering the hackneyed notion that knowledge is power.

Dealing with taxation, this title states that the tax system in a democracy is shaped by competing factions, each seeking to minimize its burden. It aims to examine (and debunk) 3 major ideologies, namely, the ideology of ability, the ideology of deterrents, and the ideology of equity, which are used to justify various reforms of the tax system.

A brand new edition of the classic bestseller. Simple but enormously effective, the guidance offered here should help readers to make stockmarket profits well beyond the market averages.

Ten leading private investors share their secrets to maximum profitability

A clear and comprehensive guide to financial modeling and valuation with extensive case studies and practice exercises Corporate and Project Finance Modeling takes a clear, coherent approach to a complex and technical topic.

If you're looking for a powerful, proven approach to technical analysis that can demonstrate proven effectiveness, you're looking for Harmonic Trading. Now, the creator of this remarkable approach has written the definitive introduction to using it in your own trades. Scott Carney, President and Founder of HarmonicTrader.com, shows how harmonic trading combines Fibonacci measurement strategies with advanced pattern recognition analysis, unlocking valid market signals as if they were the combination to a safe. Carney presents natural harmonic patterns that consistently identify critical price levels and market turning points: patterns analogous to the predictable behavior of natural systems. Next, he presents a comprehensive plan for applying Harmonic Trading in real trades. You'll find examples from U.S. equities, currencies, commodities and foreign markets; for both short- and long-term timeframes; and in all markets, including 2008's extraordinarily bearish environment. Harmonic Trading has rapidly grown in recent years, and is now widely recognized as a premiere technical analysis discipline. This book presents the state-of-the-art - including strategies and techniques that will be completely new to most traders and investors. Carney guides traders gently up the learning curve, sharing personal experiences and presenting over 100 pages of clear illustrations. The result is a book that makes Harmonic Trading techniques more widely accessible than ever before.

The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan's 15-year long recession and how it affected current theoretical thinking about its causes and cures.

* How toMake a Living Trading Foreign Exchange takes the world ofForex, and puts it at readers' fingertips. * Smithbegins with an introduction to the Forex market - what it is, andhow it works.

The seductive elegance of classical finance theory is powerful, yet value investing requires that we reject both the precepts of modern portfolio theory (MPT) and pretty much all of its tools and techniques. This book explains how value investing is the only tried and tested method of delivering sustainable long-term returns.

Exchange-traded funds (ETFs) are revolutionizing the investment industry. From their introduction in 1993, ETFs have expanded exponentially over the past fifteen years. You, as an informed investor, need to know what makes ETFs unique, how they work, and which funds may help you achieve your financial goals.

Index funds are based on a simple concept: when the index goes up, index funds benchmarked to that index should go up nearly an identical amount and vice versa. Index Investing For Dummies shows readers how they can make use of index funds to take advantage of these large markets and maximize the return on their investments.

Posner explores the causes of Europe's emergence as a global financial power, addressing classic and new questions about the origins of markets and their relationship to politics and bureaucracy.

Early in this career, Benjamin Graham's wrote a number of articles appearing in the Magazine of Wall Street. This is the first time they have been published in book form.