Economy & Finance

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.

In November 1984, a remarkable discussion took place at the Meeting House in Ulm, Germany. It featured the radical artist Joseph Beuys, two professors (of Financial Sciences and Political Economics) and a banker. This title presents a transcript of this debate.

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.

As David Korten showed in the first edition of this hard-hitting book, the steps taken to address the financial meltdown - including pouring trillions of dollars into bailouts for the Wall Street institutions that created the mess - did nothing to deal with the reality of a failed economic system. Korten identified the deeper sources of the failure in Wall Street institutions that have perfected the art of creating money out of nothing, without producing anything of real value in return. Its major players engaged in speculative trading, bought into asset bubbles, stripped corporate assets, created debt pyramids, and engaged in predatory lending in the mortgage and credit card markets. In this revised second edition, Korten evaluates how far we have come in the year since the first edition's release and traces both the progress made as well as the ongoing setbacks. Korten also explores the transition to Main street and the momentum towards real wealth and how such a movement is manifesting itself across the nation. In a new chapter, Korten examines how the Obama administration has yet to address the root causes of the system failures to avoid ongoing economic, social, and environmental crises.

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.

Management accounting and control deals with administrative devices which organizations use to control their managers and employees. Management accounting systems are a very important part used to motivate, monitor, measure, and sanction, the actions of managers and employees in organizations.

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.

Quantitative finance is the most fascinating and rewarding real-world application of mathematics. It is fascinating because of the speed at which the subject develops the new products and the new models which we have to understand. And it is rewarding because anyone can make a fundamental breakthrough.

This is the story of John Sussex, a highly successful derivatives trader whose career has spanned the radical technological, social and political changes that took place in the City of London during the Eighties and Nineties.

Trading the financial markets is extremely difficult, but with the right approach, traders can achieve success. Nobody knows this better than authors Larry Pesavento and Leslie Jouflas, both traders and educators of traders, who have consistently used pattern recognition to capture profits from the markets.

Hedge fund managers who survived and profited through the 2008 financial crisis share their secrets In light of the colossal losses and amidst the resulting confusion that still lingers, it is time to rethink money management in the broadest of terms.

English for the Financial Sector helps learners to prepare for a career in finance and enables those already working in the industry to improve their financial English.

Games are played everywhere: from economics and online auctions to social interactions, and game theory is about how to play such games in a rational way, and how to maximize their outcomes. This VSI reveals, without mathematical equations, the insights the theory can bring to everything from how to play poker optimally to the sex ratio among bees.