Books in the Bloomberg series

The final word on passive vs. active investing The debate on active investing-stock picking and market timing-versus passive investing-markets are highly efficient and almost impossible to outperform-has raged for decades. Which side is right? In The Quest for Alpha: The Holy Grail of Investing, author Larry E.

Art and finance coalesce in the elite world of fine art collecting and investing. McAndrew and a highly qualified team of contributors explain the most difficult financial matters facing art investors.

THE MUST-HAVE GUIDE TO SUSTAINING AND GROWING YOUR FAMILY'S CAPITAL THROUGHOUT THE GENERATIONS "Money is a form of energy, and since energy cannot be dissipated, it can only be transformed. The proverb cannot be ended, but by developing the right mindset and human behavior, the energy of generational money can be transformed and preserved. In this book, Ilze gives guidelines on personal leadership and taking leadership of your families. She describes the essence of having clarity of your vision, mission, and purpose. She shares wisdom on mental and mind empowerment and understanding how to deal with the challenges and obstacles of life. She explains the importance of loving what you do and doing what you love and offering your service to the world in your own authentic way. She gives guidance on how to manage money wisely." --From the Afterword by Dr. John Demartini, Performance and Behavior Specialist Passing the Torch offers much-needed guidance for high-net-worth families on what it takes to foster a strong family dynamic to be truly generational. The author reveals how to create a culture of sustainability and growth and endow subsequent generations with the tools and mindset necessary to prosper. With wisdom based on experience, the author shows subsequent generations how to receive the family's wealth, sustain and grow the family's capital, and pass the principles of responsible wealth management on to the next generation.

What is the only thing a company has that its competitors do not have? What can a company invest in that its competitors cannot replicate? Information. It s the new competitive edge.

An insightful and practical guide to family trusts Family Trusts is a step-by-step guide for anyone involved in family trusts: trust creators, trustees, beneficiaries, and advisors. It will help families create and administer a culture that recognizes trusts as a gift of love.

Presents an overview of Japan's economic malaise and the steps it must take to compete globally. This book gives investors detailed insight on the real condition of Japan's economy. It offers a ground-level look at why its problems continue and what it can do to change course.

"Analysis and commentary on economics, the Federal Reserve, monetary policy, the bond markets, and politics, selected from among 1,300 columns written by Caroline Baum since 1998 for Bloomberg News, the electronic business and financial news service." Economic conditions, Finance, and Economics.

A rare analytical look at the financial crisis using simple analysis The economic crisis that began in 2008 revealed the numerous problems in our financial system, from the way mortgage loans were produced to the way Wall Street banks leveraged themselves.

An in-depth look at the problems surrounding zombie banks and their dangerous effect on the global economy The title is worthy of a B movie, but it's also apt. Bloomberg News reporter Yalman Onaran, supported by former U.S. Federal Deposit Insurance Corp.

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.

In Bonds, Second Edition: The Unbeaten Path to Secure Investment Growth, two veteran investors expose the myth of stocks' superior investment returns and propose an all-bond portfolio as a sure-footed strategy that can ensure results.

The marketer's guide to standing out from the crowd and connecting with consumers As advertisements become more ubiquitous online and off, the struggle to really capture a customer's attention is heating up.

Completely revised and updated edition of this very popular and successful small business book The first edition of 201 Great Ideas for Your Small Business was hailed by management guru and author Tom Peters as "Brilliantly researched. Brilliantly written. A gem of priceless value on almost every page. Read. Inhale. Absorb.

Origami is the Japanese art of folding paper into intricate and aesthetically attractive shapes. As such, it is the perfect metaphor for the Wall Street financial engineering model which ultimately proved to be the underlying cause of the 2008 financial crisis.

The truth behind the greatest environmental disaster in U.S. history In 2005, fifteen workers were killed when BP's Texas City Refinery exploded. In 2006, corroded pipes owned by BP led to an oil spill in Alaska. Now, in 2010, eleven men drilling for BP were killed in the blowout of the Macondo well in the Gulf of Mexico.

Go inside the trend that spawned a multi-billion dollar industry for the top five percent Sweat Equity goes inside the multibillion dollar trend toward endurance sports and fitness to discover who's driving it, who's paying for it, and who's profiting.

An insightful guide to making strategic investment allocation decisions that embraces both alternative and conventional assets In this much–needed resource, alternative and portfolio management expert John Abbink demonstrates new ways of analyzing and deploying alternative assets and explains the practical application of these techniques. Alternative Assets and Strategic Allocation clearly shows how alternative investments fit into portfolios and the role they play in an investment allocation that includes traditional investments as well. This book also describes innovative methods for valuation as applied to alternatives that previously have been difficult to analyze. Offers institutional investors, analysts, researchers, portfolio managers, and financial academics a down–to–earth method for measuring and analyzing alternative assets Reviews some of the latest alternatives that are increasing in popularity, such as high–frequency trading, direct lending, and long–term investment in real assets Outlines a strategic approach for including alternative investments into portfolios and shows the pivotal role they play in an investment allocation Using the information found in this book, you′ll have a clearer sense of how to approach investment issues related to alternative assets and discover what it takes to make these products work for you.

A timely guide to overcoming the retirement challenges we all face The Great Recession has placed a wake–up call to America′s baby boomers. Many have not saved enough for retirement and have not taken a hard look at how many post–work years they may need to finance. Written in a straightforward and accessible style, The Hard Times Guide to Retirement Security tackles the tough questions about retirement in the new post–crash economy. Page by page, it puts retirement in perspective by touching on important issues such as insuring against the risk of outliving your assets, recalibrating damaged retirement portfolios, managing the risk of health–care expenses in retirement, and career strategies for workers who are 50 years old and up. Reveals how to boost lifetime income through better planning, and working just a few additional years Offers advice on how to hire a financial advisor whose first loyalty is to you, not Wall Street Discusses why you should rethink housing in the wake of the real estate crash Offers detailed advice on career reinvention, the 50+ job market and midlife entrepreneurship Engaging and informative, this practical guide provides the strategies needed for a truly fulfilling and secure retirement.

From firsthand interviews with families of significant means and gathered wisdom of the experts in the field, the author--a Certified Financial Planner--details the most common "family busters" in story format based on real families and offers expert advice on solutions.

In the past few years, the financial industry has undergone dynamic structural changes that have deeply affected the sales process. Bruised by market volatility, today's consumer is skeptical and demands more for less. A business needs fresh approaches to sell in today's tough marketplace. Here are the 22 Keys that can help any financial professional make more money, work less, and maximize his potential. Industry leaders James Benson and Paul Karasik combine their personal experience with the shared wisdom of the masters. Each key contains proven, actionable sales guidelines, including: The four primary fears that could destroy a sale--and how to help prospects overcome them The nine most effective strategic approaches to "target marketing" success Five guidelines for qualifying prospects more effectively Sixty-five ways to snap a sales slump Ten ways to get clients to say yes Four simple steps to generate new business with current clients Five guidelines for overcoming objections Six sample scripts to make closing ratios soar Whether a company has been in business for years or is just beginning, each key will unlock a new door on the path to sales success.

A guide for financial planners, includes: business plan development, client management, certification, legal compliance, client communication, and marketing strategies.

A new, more comprehensive approach to long-term family wealth management More Than Money provides a high-level, integrated approach to preserving both financial resources and family harmony.

"Paul Dolan has not only led the way to sustainability in California viticulture, but has demonstrated that one person in one company can transform an entire industry. If only there were a roomful of Paul Dolans in America, we would be a profoundly different and better country in twenty years. May it be so." PAUL HAWKEN Author, The Ecology of Commerce SET AGAINST THE COLORFUL BACKDROP of the California wine industry, True to Our Roots: Fermenting a Business Revolution is the story of how Paul Dolan led Fetzer Vineyards to industry and market leadership while successfully pioneering the path of sustainability. Here for the first time are the six guiding principles Dolan discovered and developed at Fetzer, which can help managers everywhere build and grow stronger, more sustainable companies.

Inside the Trillion Dollar Industry That Owns Everything What do Dunkin' Donuts, J. Crew, Toys "R" Us, and Burger King have in common? They are all currently or just recently were owned, operated, and controlled by private equity firms.

A quantifiable framework for unlocking the unconscious forces that shape markets There has long been a notion that subliminal forces play a great part in causing the seemingly irrational financial bubbles, which conventional economic theory, again and again, fails to explain.

The lack of water is no longer just a problem in the arid West. Drought, contaminated groundwater, overuse, and more have affected water supplies from Massachusetts to California, from Georgia to Wisconsin. Aqua Shock is a clear-eyed, objective look at how we arrived at this crisis point.

"The first thing you think is where's the edge, where can I make a bit more money, how can I push, push the boundaries.

A simple guide to a smarter strategy for the individual investor A Wealth of Common Sense sheds a refreshing light on investing, and shows you how a simplicity-based framework can lead to better investment decisions.