Reviews (34)

Eliminates the Guesswork
This book provides an essential foundation for real estate analysis and investing. It is true that this book may challenge those who aren't familiar with reading financial statements. But, don't let that disourage you. Be patient and do your best to understand how financials work. Understanding financial statements is a vital skill for any business owner - and a real estate investor is a business owner.
NOT for the beginner
I selected this book based on the awesome reviews.It sounded like everything I needed to know about real estate investing, in a simplistic format.Within a few chapters, I found the book to be very condescending (i.e.; Basically....if you're too stupid to understand this calculation, real estate investing is not for you).
Great technical read- good "holistic" view of RE measures
Cuts through the fluff; gives you the "holistic" view of a real estate investment by illustrating every measure. The reality is there's no single "magic bullet" way to measure whether a property is a good deal or not; this book makes this point while teaching all the various measures, at all phases of ownership (including selling or "exit strategy", which most novice investors don't usually consider when they're just getting started).
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Cash flow    5. Finance    6. Real Estate - General    7. Real Estate Finance    8. Real Estate Investment    9. Business & Economics / Real Estate    10. Business & Management   

Reviews (29)

Engaging and Informative
In a series of 'interviews', the book talks about "macro" investing from the viewpoint of a few relatively well-known managers.The reader should essentially be ready to use the book as a framework for his or her own critical thinking on what the "next big thing(s)" could be in the investing realm.While the points made by the interviewees often jump out of the book, the format of the interview and presentation leaves an incomplete picture. Given that most questions asked to the different managers were similar, it would have served the reader much better if the book was organized thematically and not as a series of disjoint/stand-alone interviews (typically, that is a magazine format?).Other than that, the reader will be able to pick up some interesting observations on risk management, asset allocation, information gathering and analysis and behavioral aspects of trading.Overall, a decent addition to the library. The reader shouldn't expect any hand-holding, though.

Welcome addition to the literature
This book comes a welcomed addition to the burgeoning literature on hedge fund trading stratagems for the professional/informed layman. Each interview appears carefully selected to demonstrate the wide variety of professional backgrounds of the individuals working in the industry, as well as the ways in which each has attempted to add alpha to assets under management.
GREAT READ! modern day equivalent to "Market Wizards"
The book truly interviews the best out there!
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Finance    4. Hedge funds    5. International - General    6. Investment advisors    7. Investments & Securities - General    8. Mutual funds    9. Personal Finance    10. Personal Finance - Investing    11. Securities    12. Stocks    13. Business & Economics / Finance    14. Investment & securities   

Editorial Review

On September 23, 1998, the boardroom of the New York Fed was a tense place. Around the table sat the heads of every major Wall Street bank, the chairman of the New York Stock Exchange, and representatives from numerous European banks, each of whom had been summoned to discuss a highly unusual prospect: rescuing what had, until then, been the envy of them all, the extraordinarily successful bond-trading firm of Long-Term Capital Management. Roger Lowenstein's Read more

Reviews (160)

Is Hollywood sleeping?
Disclaimer: this was the first-ever, and so far the only, "business novel" (as I call them), I have read. Hence my benchmark is not other books of the same genre, but literature in its broadest sense.
Very Good Book and a look at "the Experts"
As an academic & a "Wall-Streeter" & a professional trader (of my own money) I must surely qualify as an "expert."
This book is suspect.
I am by no means an economist, and much less an expert on finance, but this book strikes me as a thinly veiled, unsubtle hatchet job on the efficient markets hypothesis.I've seen much subtler discussions of the Efficient Market Hypothesis written for general audiences, enough of them so I can recognize that Lowenstein doesn't get it; he equates efficient markets with "the price that the market offers is always the intrinsic value," and not with "you can't reliably predict intrinsic value any better than market prices themselves do."This is a crucial difference, because it is only by assuming that market efficiency is the first that his attack holds water.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Economics - General    5. Economics - Theory    6. Finance    7. Free Enterprise    8. Investments & Securities - General    9. Business & Economics / General   

Reviews (38)

Candlestick patterns work -- regardless of whether the market rises or falls !!
I attended Steve's seminar 2 years ago, and have been using candlestick patterns ever since. This is an excellent book which provides an easy-to-read introduction to candlestick charts. Steve's approach is a major element of my trading plan.

Great Reading
This is an excellant written book,simple step by step explanation of the candlestick methodology. I was impressed with the ease in which I learned the 12 Major candlestick patterns.This book has taken the mistry out of candlestick reading,
Best Book I Have Read on Candlestick Trading
I have read Steve Nison's books on Candlestick Trading, and they do not come close to the clarity that Stephen Bigalow provides in this book. He explains each of the Major, Secondary and Continuation signals and give clear example as to when and how to use them.I am going to buy his new book entitled 'High Profit Candlestick Patterns', because I know it will be worth the investment. ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Charts, diagrams, etc    5. Commodities    6. Finance    7. Investment Analysis    8. Investments & Securities - Stocks    9. Japan    10. Prices    11. Stocks    12. Business & Economics / Finance    13. Stocks & shares   

Reviews (35)

the best book in options
This book is a really useful and practical introduction in derivatives from a guy who knows what he is talking about.
FOR EXPERIENCED TRADERS
VERY INFORMATIVE, WRITTEN BY AN ACTIVE TRADER, MANY USEFUL TIPS TO BE APPLIED ON THE JOB. ALL IN ALL AN EXCELLENT BOOK. PROVIDES REAL HELP AND KNOWLEDGE, MUST BE READ BY ACTIVE TRADERS.

Real bookfor traders
really great to figure out the intricacies of options. if you need something more conventional just get hull; this book is bysomeone who does it for a living and has different intuitions than what you get in the ivory tower.Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Derivative securities    5. Exotic options (Finance)    6. Futures And Options Trading    7. Hedging (Finance)    8. Investments & Securities - General    9. Investments & Securities - Options    10. Options (Finance)    11. Business & Economics / Investments & Securities    12. Stocks & shares   

Reviews (38)

Pretty good read. Leaves out lots of the details.
I like the overall point of this book. I also agree with a lot of the stuff he teaches in regards to using real estate and owning your own business as the only true way to get superb rates of returns. However, he does make one huge assumption in the real estate section that is not clear: that you can rent a house for the same cost as your expenses. This may work in some cheaper areas, but in the places where houses have skyrocketed in price, expecting to get a high enough rent to cover all the fees is not realistic for some major areas. Also, he makes it sound like getting 150k is easy for a salary. Unfortunately for those of us in stable "normal" fields like engineering, nursing, accounting, etc... asking for a 30% raise would get you a lot of laughs at best. Nonetheless, I would still recommend it to other new grads.

Not magical but worth reading in the end
Masterson has written a book that could serve as a practical and seemingly well-intentioned guide to the process of building a fortune for the budding (and even not-so budding) careerist. I am not a financial specialist so I will not pretend to be able to assess the soundness of his financial ideas. I can tell you this however: since buying the book I have become thriftier, less idealistic when it comes to matters of money, and at the same time more financially ambitious - and with a plan.All this has not come at the cost of reducing the quality of my life, but on the contrary, I feel that my life has been enhanced in the last two weeks from reading this book as well as "Richest Man in Babylon". These changes came from small pieces of advice from Masterson's book rather than the larger ideas and plans. I am still sceptical of his views on real estate and stock market investment.Be warned that the book is a bit fluffy and sometimes you will have to read through a lot before getting substantial ideas and during those times you will not have the benefit of reading particularly engaging prose, so be patient, you will likely find that the wait was worthwhile.
60% Filler, 35% Anecdotal, 5% Worthwhile Information
When I first bought it for myself and skimmed the first few pages, I was very excited about the book and thought that it would be a worthwhile read. As I kept reading, though, it became increasingly apparent that this guy was just trying to sell copies of his book, and didn't have much worthwhile information to say.He constantly repeats that he is showing you how to "get rich" without providing any substantive advice.He repeats lists that have little or no value, including things like "Work Hard" over and over again.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Career Development    4. Career/Job    5. Careers - General    6. College graduates    7. Consumer Finance    8. Finance, Personal    9. Investments & Securities - General    10. Personal Finance    11. Personal Finance - Investing    12. Saving and investment    13. United States    14. Youth    15. Business & Economics / Investments & Securities   

Reviews (1)

Good book for real estate practitioners and lay investors who are interested in REITs
This book is the most authoritative analysis and synthesis of modern scholarly research on different complicated issues surrounding REITs. No currently available books can examine this investment vehicle as comprehensive and organised as this one.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Finance    5. Real Estate - General    6. Real Estate - Investments    7. Real Estate Investment    8. Real estate investment trusts    9. Business & Economics / Real Estate    10. Finance | Investments    11. Investment & securities    12. Property & real estate   

Reviews (21)

Awesome book for TS
If you are thinking of mastering TS this is the book to start with. Do not get intimidated however with all the symbols and notations, the author does a pretty good job explaining each and every equation. A seperate book is needed for application eg RATs handbook by Enders.

A review of Time Series Analysis
The book provides a good overview of the analysis of time series and it also gives a good treatise of the economitric background of the use of estimation methods.

The most careful ecmtx textbook I know
As you may guess from the title, I loved Hamilton's book. I must definitely disagree with all those who find it too technical. Rather on the contrary, I would say. Admittedly, entire pages with greek letters look intimidating at first glance. But what Hamilton actually does is making a huge effort (unlike most of his competitors) to actually explain the details of the derivations, thereby helping the reader a lot. You'll learn to appreciate this a lot by the time you start developing sth. on your own rather than simply applying existing techniques.
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Subjects:  1. Business & Economics    2. Business/Economics    3. Econometrics    4. Investments & Securities - General    5. Mathematics    6. Probability & Statistics - General    7. Time Series Analysis    8. Time-series analysis    9. Business & Economics / Investments & Securities    10. Economics    11. Finance    12. Probability & statistics   

Reviews (1)

Finally, practical advice.
This is not one of those garbage "no money down" real estate books, this book gives you valid and useful tips to help you build wealth in real estate, not pie in the sky nonsense. After reading this book I went out and did a deal (flip)and it went reasonably well. I'll get better with experience but this book gives you the basics to get started. Avoid all the no money, no credit books and read this one. ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Entrepreneurship    5. Real Estate - General    6. Real Estate - Investments    7. Real estate investment    8. Real property    9. United States    10. Valuation    11. Business & Economics / Real Estate    12. Property & real estate   

Reviews (8)

What more could you ask for in abook???
Trading is serious business, although you wouldn't think so, considering the way many people approach it.
Solid technical analysis book
This book is worth the money. The author presents solid explanations on the use of technical indicators and statistical calculations of the market. He guides you step by step in order to understand the specific applications and use of technical analysis and use of mathematical calculations applied to the financial markets. The depth of research and examples is very broad and extensive, plus the examples of the actual programming code in order to create your own trading systems is very helpful. Recommended by MTA to complete the CMT course.

Technical Details for the Technical Analyst
Many people refer to the Achelis book for simple, straight-forward descriptions of technical analysis tools.I too have it on my primary bookshelf.However, lately, more often than not, I find myself reaching for Kaufman's book to get good background on the various ways of technically analysing trading options.He has chapters devoted to practically every indicator type you may encounter:chart reading, events, regressions, trending, momentum, oscillators, seasonality, cycles, patterns, multiple time frames, and advanced techniques.He then goes into some details regarding system testing, practical considerations, risk control, and diversification.As a wrap up, he provides some end-notes for the mathematically inclined.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Commodity exchanges    5. Finance    6. Futures And Options Trading    7. Interactive & Multimedia    8. Investments & Securities - General    9. Statistical methods    10. Business & Economics / Finance    11. Finance & Accounting   

Subjects:  1. Business & Economics    2. Business/Economics    3. Consumer Finance    4. Finance    5. Investments    6. Personal Finance - Investing    7. Business & Economics / Finance   

Reviews (1)

Wilmott produces another gem
Wilmott has done it again - and produced another bible. The three volume book contains an additional 35% of material (plus CD), including:
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Derivative securities    5. Finance    6. Investments & Securities - Futures    7. Investments & Securities - Options    8. Mathematical models    9. Options (Finance)    10. Prices    11. Programming - Visual Basic - VBA (Visual Basic for Applicati    12. Business & Economics / Finance   

Reviews (62)

An excellent book for the serious investor
This is a great book by a student of the market.

The Best Investing Book I Ever Read
Well...maybe second best...haha.The best investing book I ever read is still the classic, "A Random Walk Down Wallstreet" because it's more concised.This book is a lot more comprehensive but basically preaches the same message.For those who don't really have patience reading almost 300 pages, two words for you: index fund.Specifically, Vanguard Index Fund.So on the cover of the book, you see a comment from Bogle hailing it as the "Best investing book of the year"...mmm...wonder why.But the fact is, the Vanguard 500 is the cheapest S&P 500 index fund you can find.By cheapest I mean annual management fees that mutual funds charge...1% of a billion is a lot of money, and the fund managers get a fixed percentage regardless of the performance of the fund...robbery.This is one of the points the book makes: not to trust the so-called "advice" from the people in Wall Street.
Excellent overall, but is it ultimately contradictory?
Terrific guide to investing in general and the financial industry in particular; the chapter on "full-service" brokers is priceless.I came away with two basic themes:
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Subjects:  1. Asset allocation    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Finance    6. Investments    7. Investments & Securities - General    8. Personal Finance - Investing    9. Portfolio Management    10. Business & Economics / Personal Finance / Investing    11. Investment & securities   

Reviews (127)

A must read for Fundamental Investors
If you haven't read this book, I am recommending you to get it now.This is one of the three best investment books in my opinion (the other two are Ben Graham's "The Intelligent Ivestors", and Philip Fisher's "Common Stocks and Uncommon Profits").Out if these three, this one is my favorite.
Very Good Book
Mr. Lynch points out the basic investing principles while recounting events that have helped shape his strategy. He presents the material in an approachable manner that gives a glimpse into the world of investing from his own personal perceptive. It is refreshing to see how he is susceptible to the same emotional highs and lows that the market throws at us all and to learn from his many years of experience.
HARD COVER MICROBOOK
THIS IS A KEYCHAIN VERSION.THINK SHORT PITHY "DAILY AFFIRMATIONS"LIKE, "REMEMBER, YOU CAN'T KISS ALL THE GIRLS." NOT A VERSION OF THE PAPERBACK--SUITABLE FOR DOLL HOUSES, MINNIATURE COLLECTIONS AND JOKES ABOUT THE HERD MENTALITY OF RETAIL INVESTORS VIA OBLIQUE REFFERENCES TO THE CULTURAL REVOLUTION AND GEORGE ORWELL'S "1984"
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Consumer Finance    4. Financial Markets    5. Investment Finance    6. Investments    7. Investments & Securities - Stocks    8. Personal Finance    9. Personal Finance - Investing    10. Speculation    11. Stocks    12. Business & Economics / Personal Finance / General    13. Stocks & shares   

Reviews (6)

Hayre is lucid and informative! The Best Prepaymentbook
As other reviewers have mentioned this is a must for anyone involved with MBS ABS markets.Outstanding discussions on prepayment.Very detailed analysis of MBS ABS structures and related processes.A must for all people working with MBS.

Subjects:  1. Accounting - General    2. Asset-backed securities    3. Business & Economics    4. Business / Economics / Finance    5. Business/Economics    6. Investment Analysis    7. Investments & Securities - Bonds    8. Investments & Securities - General    9. Mortgage-backed securities    10. Securities    11. United States    12. Business & Economics / Investments & Securities    13. Investment & securities   

Reviews (64)

Perhaps best book on making a living from speculating
Link's book is among the best book you can read about if you serious about making money investing for a living. There are tons of books about technical analysis and stock picking, but you won't get far unless you can recognize and control emotions, have a system and money management plan, and learn discipline. High Probability trading is one of only a handful of books that covers those aspects, which is most important in determining your success. Unlike many guys, he actually admits to making big mistakes and blowing through $$$. You have to accept the fact that you'll lose money at first and that large chunks of money that you blow through is really "trading tuition". This guy is really an ordinary Joe who has journeyed through many painful experiences in the investing world. Link teaches you how to deal with them.
Best trading book on my Shelf
I have never found a book that you could sit down with and directly trade the market using the set-ups in the book. This book is no exception.
The best I've read
For starters, I do not want to pick a fight, and I am not saying this book is by any means perfect, but I hope no one is influenced by Larry Livingstone's review dated May 18, 2006. In case you don't know, Larry Livingstone is the character in Lefevre's classic, "Reminiscences of a Stock Operator", which is itself a slightly fictionalized biography of the very real Jesse Livermore. Just so you'll know. Read his review and then come back.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Futures    5. Investments & Securities - General    6. Speculation    7. Stocks    8. Business & Economics / Investments & Securities    9. Stocks & shares   

Editorial Review

Personal-finance guru Andrew Tobias slams online trading and praises the Roth IRA in his newly revised Read more

Reviews (72)

Good Enough for American Investors, Lack International Perspectives
Tobias writes a bible in personal financial investment without the lack of humor and personal touch. He is clear on investing principles he preaches, states his opinions precisely and still provide overviews of investments he believes are pure baloney.
Not rich but comfortable
This is the only investment book I can get my husband to read.I gave copies of the 1987 edition to my sons when they graduated from college and I am giving them the 2005 edition as they approach 40.Tobias has been consistent with his advice over the years.He does not promise to make you rich but he gives guidelines for ending up with a comfortable retirement; partly by getting one to acknowledge what one does not know.
Great book and great author
I can honestly say this book changed my life by opening my eyes on how investing and money really work over the long term. ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Consumer Finance    4. Finance, Personal    5. Investment Analysis    6. Investments    7. Personal Finance    8. Personal Finance - Budgeting    9. Personal Finance - Investing    10. Personal Finance - Money Management    11. Business & Economics / Personal Finance / Taxation   

Reviews (49)

Getting Started in Real Estate
This was an all around decent book for someone desiring to get started in the real estate business. It has 30 short chapters focusing on getting into the real estate business with no money. One of which is called tapping the equity in your home. Nothing really new there. The book contains some good concepts but a lot was just common sense. If you haven't bought real estate before and don't no much about financing then this will open up your eyes to some concepts that you may not have thought of before. There is a chapter on why you should own property. One on negotiations, one on using partners and another on overcoming roadblocks to your success. There is also a chapter on how to retire in 5 years. All in about 280 pages that will go by quick.
Stuff
Some of it kinda sounds farfetched, but I guess if sellers are desperate enough it could work.

Boycott Robert G. Allen!!!
Robert G. Allen is a notorious and relentless internet spammer.If you should happen to somehow end up on one of his email lists like I did, he will send you several junk emails a day.Unsubscribing doesn't work, and trying to block the sender's domain is useless because the emails are sent from a different domain every time.The funny part is that the emails aren't even coded properly.They always show up as just a bunch of html code.Would you really take internet money-making advice from a guy who can't even code html properly?Anyway, his spamming practices are completely illegal and it's only a matter of time before the law catches up with him.But that shouldn't come as any surprise considering that mister Allen has been in trouble with the law before.He's had several run-ins with the IRS, lawsuits against him, and a chapter 7 bankruptcy.I would also stay away from his Nothing Down real estate methods.Many of those practices are illegal, and the president of the Nothing Down club in Atlanta wound up in federal prison because of it.For more info on Allen, visit johntreed dottcomm, click on Real Estate Investing, then click Real Estate Guru Ratings.Bottom line, don't trust this guy and don't buy his books. And if you're reading this Mr. Allen, take me off your @%#&*$ mailing list!!! ... 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 / General   

Reviews (7)

Textbook comes with excellent portfolio simulation -- OTIS
Contrary to what the Editorial Review above states, this textbook does NOT come with StockTrack. Fortunately, it comes with an excellent program -- OTIS, an Online Trading and Investment Simulator developed at Wharton, the world famous business school. The simulation program allows you to "buy" and "sell" a whole range of real securities, including stocks, bonds, mutual funds, EFTs and derivatives, so you can test out the investment concepts from the textbook. It's just like using a program like eTrade, except you don't use real money. You can test out your investment ideas, and the software tracks your portfolio value using real market data.
A "Must Have" book for beginning investors!
Time for me to upgrade to the Seventh Edition!I used Fundamentals of Investing, Fourth Edition around 10 years ago in a college course at WCTC in Waukesha, WI.My instructor was a V.P. at a major brokerage house.It was one of the best and most rewarding college courses I ever took.We covered the entire book in one semester.