Reviews (20)

excellent style
Books concerning Elliot Wave in Taiwan, no matter it is a translation version or the texts used by many teachers in teaching technical analysis, never have the style that
very difficult
Very hard to understand, if you can read, understand and enjoy this book at all you could probably give the boys a hand in Egypt with the Hieroglyphics ........If you enjoy scientology well this one's for you!!!!!!!!!!!

like learning to ride a bike
You really don't need this level of detail for Elliot wave trading to increase your P&L.Like any other trading systems, elliot waves mostly work except when it doesn't. Without years of experience and gains and losses you won't have the confidence to make a huge P&L.Buy a simpler book unless you are really into Elliot Waves.Enjoy the third waves. ... Read more

Subjects:  1. Business / Economics / Finance    2. Investment Finance    3. Investments & Securities - General    4. Speculation    5. Stocks    6. Business & Economics / General    7. Investment & securities   

Reviews (24)

Content is disaapointing
This book is not worth your time.It covers the most basic material, and full of clichés, generalities and fallacies.If you are over 20 years old and if you actually find something new in this book, then you definitely shouldn't be investing in real estate.You might get lucky when the tide is rising, but you will likely loose it all.

Good overall picture but light on specifics
I was hoping for more details on the different types of real estate transactions while the book is more focused on just getting you excited about real estate and getting started.Pretty good if you need something to lift you up and get you going but very light on details - models discussed are very high level.

The Millionaire Real Estate Investor
Great book, it's not just a bunch of fluff like some other books are. The book breaks the process down and give's you good outlines follow.Also has some inspiring story to motivate you. ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Real Estate - General    5. Real Estate - Investments    6. Real Estate Investment    7. Business & Economics / Real Estate    8. Business & Management   

Reviews (8)

must buy
It's a must buy for people in high-yield/distressed analysis. I was suggested this book at my first day at work.

A Complete Introduction
The premise of this book is really quite simple.
Valuable insights, useful commentary, and professionally written.
Like many of us, perhaps you've owned some bonds that have fallen into junk status or worse, distress/bankruptcy.In most cases, did you throw up your arms either selling at a loss or confused by smallprint mail solicitations?Stephen Moyer is an absolute pro and de-mystifies what some may think of as a blackbox only understood by investment specialists, asset pirates, and/or bankruptcy lawyers.
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Subjects:  1. Bankruptcy    2. Business & Economics    3. Business / Economics / Finance    4. Business failures    5. Business/Economics    6. Corporate reorganizations    7. Economics - General    8. Finance    9. Investments & Securities - General    10. Law and legislation    11. United States    12. Finance & Accounting   

Reviews (53)

The Psychology of Hedge Fund Trading
After 30 years as an manager and researcher with Morgan Stanlety, and 3 or 4 years as a "hedgehog" (a hedge fund manager), Barton Biggs give us this entertaining memoir of his professional life. Mostly consists of chapters profiling leading investment figures under fictional names. Really interesting to see how even the hottest, smartest, and most driven investors come to grief on a consistent basis; that includes the author himself, who confesses here to some of his mistakes such as shorting oil when it kept going up. Lots of sleepless nights and anxiety in the business, although apparently even the no-talent hacks can make at least 150K a year, and many of the more talented are billionaires. Many of the hotshots in the professional investing world sound like narcissistic cranks in Biggs' description, but entertaining cranks to read about. Like Lefevre's classic REMINISCENCES OF A STOCK OPERATOR, this is mainly interesting for its insights into the psychology of trading.
They called him a guru because they couldn't spell charlatan
In this book, Mr. Biggs does not discuss the fact that before he left Morgan Stanley he was unmasked as having fabricated comments used in his research reports (claimed to be from his plumber, Ron Valentine) [see NYT, May 21, 2000, Sec 3, p2]. Readers and potential readers of Hedgehogging should, however, remember. It explains the view smart investors have had of Mr. Biggs for some time: he is mildly entertaining, but not someone you should use for serious advice. And above all: never give him any money.
Two quick points from this book to give a sample
One anecdote here involves "Michael," a pseudonym for an investor Mr. Biggs admired, and hired, while he (Biggs) was at Morgan Stanley.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Finance    5. Financial Markets    6. Hedge funds    7. Investment Analysis    8. Investments & Securities - Futures    9. Investments & Securities - General    10. Business & Economics / Investments & Securities    11. Investment & securities   

Reviews (53)

Magical
FBP is an intriguing concept and the model can be scaled up or down in size in all parts of the world. The book serves as a wake up call to businessmen across the world.

its a perfect strategy for the 21st century: for all MNCs to follow
A new approach which in fact is so easy but psychologically so difficult to accept. We have tried it out and and observed companies doing it since 16 years: to design and market low end products for the "Bottom of the Pyramid" (BOP) with high profit margins at low cost. We have developed a tool which we call MMP or Multiple Market Positioning which shows step by step how to implement this BOP idea successfully. Regards, Dr. Peter Oertli, OEC Oertli Consulting, CH-8142 Uitikon-Zurich, Switzerland.

Reducing the Impoverished, One by One

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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Corporate Planning    5. Developing countries    6. Economic Theory    7. Finance    8. International business enterpr    9. International business enterprises    10. Investments & Securities - General    11. Non-governmental organizations    12. Poor    13. Social aspects    14. Business & Economics / Systems & Planning    15. Management & management techniques    16. Multinationals   

Reviews (5)

Venerable ButMisleadingAdvice
IMO this book's advice can prove costly.
A Cornucopia for the Serious Trader
If longevity is a key to greatness, Gerald Appel has achieved it.When I got into the business in the mid-seventies, he was an admired technical analyst.His publication, Systems and Forecast, was required reading.The inventor of MACD, he has lived to see his technique used by virtually every serious investor and trader; it is included in most trading programs.
30 years of wisdom in one setting
For novices interested in technical analysis, there is so much material here it might seem overwhelming.But believe me, the effort at exploration is worth it.I've been successfully applying Appel's work since 1984, and this all-encompassing treatise was like looking over his shoulder, soaking in his 30 years of wisdom on the markets.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Investment Analysis    5. Investments & Securities - General    6. Investments & Securities - Stocks    7. Stock price indexes    8. Stocks    9. United States    10. Business & Economics / Investments & Securities    11. Investment & securities   

Reviews (5)

If you'd like a serious headache, buy this book.
I made the mistake of choosing this book as this text for an undergraduate finance course because it is used by the New York Society of Financial Analysts in their portfolio management class.Don't make the same mistake!!Part One is very informative and gives the reader practical information and advice.The rest of the book is terrible.The equity section concentrates on Modern Portfolio Theory--the Efficient Fronter, co-variation, efficient markets, blah, blah, blah.While Value Investing is mentioned (barely), it is almost an afterthought and it's certainly frowned upon.I wonder how poor investors like Warren Buffet and Seth Klarman have made any money at all using the Value Investing approach.I found the section on bonds and fixed income portfolio management interesting but difficult to follow.I traded corporate and municipal bonds for 20 years.If I had not had such a background, I would have been totally confused.If you are a quantitative GENIUS, this book MAY help you.If you are not, you can choose another book and learn much more.

Poor
This is a poorly written finance text. It is not organized and unclear in some sections. I have a degree in Finance, and I would never recommend this book to anyone.

Knowing your subject and knowing how to teach it are different things
The authors no doubt know Investment analysis. Unfortunately they don't communicate that information too well. Frequently happens when Phd's forget they are writing to students, not other Phd's. Bought this book for a senior level finance course, required to complete my major in finance.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Investments & Securities - General    5. Business & Economics / Investments & Securities    6. Investment & securities   

Reviews (4)

Absolutely fantastic! Great real estate book!
This book is excellent because it is not only for new real estate investors, but is also for experienced real estate investors. The authors have put their own rules to the test by following their own advice and share their secrets in how they have invested in the real estate market. Very clear and concise. An absolute must have!

Very Informative for Real Estate Investing!
This book really helped me understand different investment approaches for real estate investing. I learned how to figure out when to apply different models for different situations (incl. my current situation)!
Valuable Info for new and experienced investors
* Spells out clearly the different investment models available to the real estate investor
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Personal Finance - Investing    5. Real Estate - Buying/Selling Homes    6. Real Estate - General    7. Real Estate - Investments    8. Real Estate Investment    9. United States    10. Business & Economics / Real Estate    11. Property & real estate   

Reviews (4)

I have alot of respect for this guy, but...
Mr. Graham should have been a law professor because that is exactly how his book reads. His main determination of value takes about 30 chapters to develop and in the end it is nothing more than an average P/E ratio, over the past 10 years, used as a multiplier to determine future profitability. Aside from that, his formula definitions are vague; as is alot of the text.
The father of Analysis
It's an absolute classic.It defined analysis.I don't see how any analyst wouldn't want to read this book.It's my favorite book.

A true classic
I have read this book twice now - one time is certainly not sufficient to absorb all of its wisdom - ten times probably would not suffice.There are some people who question whether this book is still relevant because it was published over half a century ago.I doubt they ever took the time to read it, or if they read it, I doubt that they really thought about it.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Investment Analysis    5. Investments & Securities - General    6. Securities    7. Speculation    8. United States    9. Business & Economics / Investments & Securities    10. Investment & securities   

Reviews (45)

SirWired
Last night at our Investors Group meeting we listened to the speaker explain the basics of the plan in the book.Before I bought it I wanted to read the reviews.Yours was very good, except that I wish you would read the book and then come back and tell us what you think.I haven't bought it yet.
Awesome..definitely "outside the box" material
I could NOT put this book down. If you seriously want a financial plan that has ALL the benefits, then embrace this book.

This will change the way you think about finances!
This book blew me away with the concepts and idea's.It has completely changed how I will approach my mortgage and other retirement savings in the future.The concepts at a high level make a lot of sense.Getting down to the details on how to put all of these concepts together becomes more difficult.I recommend this book to everyone.I really enjoyed it. ... Read more

Subjects:  1. Business & Economics    2. Consumer Finance    3. Finance, Personal    4. Financial security    5. General    6. Investments    7. Personal Finance    8. Personal Finance - Financial Planning    9. Personal Finance - Investing    10. Personal Finance - Money Management    11. United States    12. Business & Economics / General    13. Business ethics   

Reviews (10)

good but cryptic
i studied from this book for the CAIA exam. while it presented some very fascinating approaches and ideas for me, keeping in mind i am not a practising arbitrageur yet, it was very poorly edited and written in general.
An Excellent Primer on the subject
As a technologist charged with implementing a convertible arbitrage fund, this book was incredibly helpful.By reading it, I learned enough about the strategy and how it works to have intelligent conversations with portfolio managers and analysts and understand what needs to be done to make it work.The book covers the Greeks and why they matter, and gives explanations of the strategies that are easily understood, but whose details are laid out in sufficient depth that the layperson might not be able absorb them all the first time through.
Do it yourself: no need for this book
I have not read this book,but if you are really serious about arbitrage you should be able to write a program, that simulates the Black-Sholes model using discrete mathematics and random walk.
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Subjects:  1. Arbitrage    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Hedging (Finance)    6. Institutional Investment    7. Investments & Securities - General    8. Business & Economics / Investments & Securities    9. Investment & securities   

Editorial Review

If the prescriptions for getting rich that are outlined in books such as Read more

Reviews (279)

...like giving or getting Galileo's book on the solar system as a Christmas gift in 1632
My professional work involves evaluating money managers and trying to "understand" a manager's skill vs luck and where the manager might fit in an overall portfolio.So I have spent 30+ years slashing my way through the jungle made by academics who think they can put markets and reality into nice, predictable models; and worse, listening to the sales pitches of money managers and other financial salesmen who want you to believe they are predictably worth paying very high fees and subjecting your money to untold risks.
interesting but too long and arrogent
The author has some interesting things to say on randomness and probability and how it effects our day to day life. However what could have been an interesting long essay does not a book make! Furthermore he is really annoying in the way he makes snide and unjustified remarks about various people. For example - he may think Buffet is a lucky fool and he may be right (I do not understand the markets enough to judge this one). However he doesn't stop there. He goes on to attack Buffet for living a moderate life style (so what) and ends with musing if money isn't importent for Buffet why doesn't he become a monk or a social worker. Well this was before Buffet gave away most of his fortune and I hope Taleb is suitably shamed. I suspect this guy is fueled by envy and probably an inferiority complex (as he comes across as sooo superior).
Oh, what could have been
As someone with a taste for statistical theory, this one was disappointing.Taleb is constantly casting around for what exactly he wants to write about.Yes, he passably develops his theory that people read far too much into random events.He does this through a series of personal stories, which unto themselves are entertaining.But, it's never clear if he's writing an autobiography or discussing randomness and I came away from this book no more enlightened about randomness than I had been before.If you are a novice in the area and are looking for a light introduction on the subject, it's a good book.If you're already familiar with the concept of randomness, don't bother. ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Chance    5. Economic Statistics    6. Finance    7. Free Will & Determinism    8. Investment Analysis    9. Investments    10. Investments & Securities - General    11. Random variables    12. Statistics    13. Business & Economics / Finance   

Reviews (14)

A lot of nothing
This book has very little to teach you and it's virtually unreadable. Make sure you read one or two pages before you buy in case you are like me and you can't stand his style.

Great, but Swensen's New Book is Better
This book covers the HOW and WHY of diversification.While everyone claims to understand diversification, there have been few individuals or institutions that have actually applied the concepts as well as Swensen.
solid primer on institutional money management
Swenson's reputation was made by the investment results he has generated, which in turn are based on good insights and steely discipline in managing a portfolio.That said, he could have used an editor on this book.His prose style is almost a mockery of a business presentation - here's what he's going to say, he says it, and then a recap of what he said.Still, his style, with its absolute emphasis on clearly communicating to the reader, is a huge improvement over quasi-academic articles in the Journal of Finance.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Economics - Theory    5. Finance    6. Investments    7. Investments & Securities - General    8. Non-Profit Organizations Management    9. Nonprofit Organizations & Charities    10. Portfolio Management    11. Business & Economics / Economics / Theory    12. Economic theory & philosophy    13. Investment & securities   

Reviews (6)

A MUST
If I were to be deprived of all the trading books in my collection but one, that would beThe Encyclopedia. Unlike other literature on the patterns, in this book you will not find clauses like "most of the time", "usually", "seldom". All the information as it'srelated to the pattern trading is thoroughly backtested.
Dictionary for good
This book is just like a dictionary that you can always turn to whenever you have unfamiliar words in the stock markets. It's a good company that you can keep by you side and frequently flip to pages of charts which you are foreign to.

a complete guide to all pattern
without doubt this book is a complete cyclopedia of chart patternsbut some parts are so streched . ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Charts, diagrams, etc    5. Commodities    6. Commodity futures    7. Investment analysis    8. Investments & Securities - Futures    9. Investments & Securities - General    10. Investments & Securities - Stocks    11. Stocks    12. Business & Economics / Investments & Securities    13. Economic statistics   

Reviews (30)

21 Things I Wish My Broker Had Told Me: Practical Advice for New Real Estate Professionals
This book is very practical and a must read for all people considering a career as a real estate professional. Specifly describes the expectations of new agents and what is needed to survive the first year in the profession.
No. 1 Classic "Must Read"
This book was named the No. 1 classic "Must Read" by National Association of Realtors publication readers in June 2006. Working agents and longtime educators know how valuable this book is for new agents because of its honest, straightforward look at what they need to know to succeed. You will, too.
I wish someone told me NOT to buy this book!
I have probably read a dozen or more books on being successful in sales and most have been a waste of time.These people that write these books and hold seminars rarely give you any worthwhile information.Remember, the way they actually GET successful is by selling everyone else their books and tapes on HOW to be successful.I have yet to find anyone who is truly successful at their business and has passed their secrets on to anyone else.Why would they?Then you would be their competition.
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Subjects:  1. Business & Economics    2. Business/Economics    3. Careers - General    4. Consumer Finance    5. Personal Finance - Investing    6. Real Estate - General    7. Real Estate - Investments    8. Real estate business    9. United States    10. Vocational guidance    11. House & Home / General    12. Property & real estate   

Editorial Review

This grandfather of all people-skills books was first published in 1937. It was an overnight hit, eventually selling 15 million copies. Read more

Reviews (434)

Outstanding!
Dale Carnegie is one of the authors I have admired for so long. There are numerous reasons why this book is a classic one. He deeply believes that in every person there is good and you can approach it. Of course, there are many negative people who don't like this book because they see everything in black and white. Carnegie on the other side advocates a really delicate, positive and humane approach to everyone around you. It comes very close to "treat the others as you want them to treat you". I am sure that if everyone read and apply the principles in this wonderful book, the world will be a better place. I am sure that you will be pleased as well with his talent to really understand what drives people. Some of the key and basic motivators he discussed are sex and being important. His viewpoint is very close to the one of the bestselling author of scientfically guaranteed male multiple orgasms and ultimate sex. After all genius things are usually simple. Carnegie explores the human nature and common hot buttons together with the reader and gives you tools to manage and push them at your will with the help of numerous examples. I liked that the book is practical, easy and fun to read, and most of all that it delivers great value. I can not say the same for many other books. Definitely get a copy especially if you are a "good" person and prefer to treat people with respect and dignity.

If only...
If everyone in the world read this book just once, it would be such a more enjoyable place to live in...

Classic of Self Help Genre
This book may be the one that Created the genre.And what was true then is just as true today.One of the loveliest parts about this book are the stories and anecdotes from the time when it was written.It was a simpler time back then.And the people faced such different dilemas than we do today.Yet, the more things change, the more things stay the same.The humanity of this books comes through loud and clear. ... Read more

Subjects:  1. Applied psychology    2. Business & Economics    3. Business Communication - General    4. Business/Economics    5. Interpersonal Relations    6. Personal Finance - Investing    7. Personal Growth - General    8. Personal Growth - Success    9. Psychology    10. Success    11. Advice on careers & achieving success    12. Self-Help / General   

Reviews (24)

Leading edge finance - not for wimps!
Cochrane provides a detailed text at the leading edge of Finance.It is written in an informal manner from one who loves Finance, to others who love Finance.As such, it is not an introduction to the field or "Pop Finance for Dummies".That said, it can bring one with a strong background in math and moderate background in Finance to the leading empirical edge of Asset Pricing.Although written in a light manner, each chapter requires several readings to understand.Definitely not for wimps!

Too chatty for serious Scientists ??
The critic in this title was made by some reviewers below, andis the most dumb critic i have ever read.
A great book with some downsides
No doubt this is a great book and you can check that most finance departments adopted it as the main text for doctoral asset pricing course. Cochrane is one of the biggest names in finance academia.