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Book reviews for "exchange" sorted by average review score:

The World That Trade Created : Culture, Society and the World Economy, 1400 to the Present
Published in Paperback by M.E.Sharpe (December, 2000)
Authors: Kenneth Pomeranz and Steven Topik
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AHHHHHH!!!!!!!!!!!
I was made to read this book by my 10th grdae AP World History Teacher...It is quite possibly the WORST BOOK I have ever read....both in school and out....If it is humanly possible, STEER CLEAR FROM THE WORLD THAT TRADE CREATED!!!

Great book for AP World History
This was my first year teaching AP World History so I had to rely on the books chosen by the previous/outgoing teacher. I wasn't familiar with this book and had to read it AFTER the class read it since they read it over the summer and BEFORE I was hired.

The book is excellent for AP World History for a number of reasons:

1- It thesis ties directly into one of the main themes of the AP World History course.

2- It is divided up into sections dealing with different aspects of world trade, making the book highly readable for 10th graders.

3- The topics are interesting to the kids. They especially liked reading about Drugs: Chocolate, Tea, and Coffee.

I wanted to use Diamond's book this year, but fell in love with this book. Maybe I'll try both. I can hear the groans and gnashing of teeth now!

Wonderful and realistic
Products: Sugar, coffee, tea, textiles, etc. Areas: Asia, the Americas, Europe, Africa, etc. Economic issues: contracts, finance, property rights, information, technology. I am familiar with a number of the areas Pomeranz and Topik describe and greatly appreciate their eclectic, realistic, universal viewpoint. Highly recommend.


Beyond Greed and Fear: Finance and the Psychology of Investing
Published in Hardcover by Oxford University Press (15 January, 2000)
Author: Hersh Shefrin
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Psychology rules the stock market, according to Hersh Shefrin. In Beyond Greed and Fear, Shefrin shows how bias, perception, and other aspects of psychology often rattle investors and move stocks. From the individual who keeps losers too long to overconfident money managers who mistakenly think they can predict financial trends, human nature foils investment returns. "Behavioral finance is everywhere that people make financial decisions. Psychology is hard to escape; it touches every corner of the financial landscape, and it's important. Financial practitioners need to understand the impact that psychology has on them and those around them. Practitioners ignore psychology at their peril," writes Shefrin, a finance professor at Santa Clara University. An academic volume geared toward financial professionals, the book details an emerging field known as behavioral finance, in which psychology is believed to be at least as important as market fundamentals, such as earnings and balance sheets. Shefrin describes how investors are motivated by fear, hope, overconfidence, and the need for short-term gratification. The book gives plenty of examples of investment mistakes, and analyzes them from a behavioral-finance perspective. While Beyond Greed and Fear targets professionals, individual investors will benefit from this look at an important mover of markets. --Dan Ring
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You won't be overconfident when you've read this!
Behavioural finance is an important topic and this book provides a very enjoyable and insightful read for the layman. It will stimulate interest in the topic by being accessible, which is what it set out to do, so four stars from me. It gives you some good 'dinner party anecdotes' (!) when colleagues or friends tell you about 'how markets work'. It is not a textbook on the subject by any means, rather a book for the airport that you will read again and recommend to others. Don't expect to see any matrix algebra or stochastic differential equations in this one!

A great book about Behavioral Finance
This book builds on the current literature in Behavioral Finance and reviews the most relevant academic articles. It is interesting for the researcher in empirical finance and the best book to understand the behavior of individual investors.

Another fascinating and recent publication in this field is by Andrei Shleifer: "Inefficient Market"

A very good book, but quite academic
I had mixed feeling about this book. Content wise, it's incredible. It's full of real life stories, data, analyses, propositions of many so called market anomalies. However, I really find some of the chapters too long, especially those after chapter 5. The author had copied his style of thesis writing and actually many of his own theses (he's a renowed professor after all) into a book which has a big audience group of investors or traders who want quick fix or certain level of entertainment and personal improvement. In these respects, the "Psychology of Finance by Lars Tvede" and the "Devil take the hindmost by Edward Chancellor" are "easier" but not definitely better alternatives.

Anway, this is one of the very few "serious" books about behavioural finance that is relatively practical. If you are abound of time, go for it. Otherwise, you may try the two books I mentioned above.

p.s. I like the following the most: In April 1997 Financial Timesran a contest suggested by economist Richard Thaler. Readers were told to choose a whole number between 0 and 100. The winning entry would be the one closest to two thirds of the average entry. The winning choice is 13. The real point of this game is that playing sensibly requires you to have a sense of the magnitude of the other players' errors. Hope you got it right.


The Trading Systems Toolkit: How to Build, Test and Apply Money-Making Stock and Futures Trading Systems
Published in Hardcover by McGraw-Hill Trade (01 December, 1993)
Author: Joe Krutsinger
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Very disappointed, very misleading
I would describe this book as being a very high level overview of a trading system. If you want to learn how to really build a trading system this is not the book to read. At the end of the book of about 250 pages there are about 100 pages of screen printouts. I was pretty disappointed by this book, expecting some practical formulas and ways of building a trading system. On the upside this book can be read very fast.

Excellent practical guide for developing trading systems
There are three types of traders - discretionary, technical and systems. Once you understand the advantages of being a systems trader, this book will become one of your prize possessions. You will need a copy of TradeStation software in order to test and apply most of the trading systems Joe presents in the book, but once you read the book, if you are serious about trading, you'll get a copy of the program. The book reveals many proprietary trading systems Joe has developed for different markets. The "Buy Monday" system he reveals in the book can easily make you a nice steady, safe income with a few minor refinements (and you don't even need the software for this one). The book details the workings of many trading systems, provides Easy Language code for most and explains why each of the systems works. Easy to read and to the point, this book provides examples of the technical tools and the mindset necessary to help you reduce the fear and uncertainty in trading.

An un-sophistocated step-by-step approach anyone can follow
I found this book to be quite upfront and personal. I felt the author was speaking directly to me. I also felt that the knowledge I received from this book was valuable even though at the onset, I was not firm in my decision as to whether or not I had the necessary confidence to develop my own commodities future system. Krutsinger's book is about as unsophistocated as it can get, while still being rather out-of-reach for beginners. If you delight in learning new things, and if you have a keen desire to build a commodities trading system, this book is definitely for you. The fundamentals, technical indicators, possible problems, pitfalls, and the psychological consequences of developing your own system are each explained. Then you are shown how to develop your own trading system according to your wishes, your wants, your desires, your likes and dislikes. The dessert of this book is chapter 9, which includes $48,000 of trading systems, and surprisingly enough, shows you the LOGIC behind each one! If I could only purchase one book to help me develop my own trading system, it would be this one.


How the Stock Market Works
Published in Paperback by Prentice Hall Press (25 October, 1993)
Author: John M. Dalton
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Dangerously Inaccurate
Prentice-Hall is notorious for sloppy textbooks, and this book is in the company tradition. The text was not edited, proofread, or fact-checked. The glossary entry for wash sales is egregious, but almost any page provides examples. All information in this book is therefore suspect.

Good introduction to the mechanics of the market
Rather than providing any sort of investment advice, this book explains the actual workings of the stock market. How a trade flows from a customer, through a broker, to the floor, and on to the various settlement engines. It's good background for anyone who invests in the market, and especially useful to anyone who works in (or with) the financial IT industry.

As other reviewers have noted, the poor copy-editing is embarassing. But even with all the typos, the information presented is very useful.

Good general overview for beginners
As a beginner, I found the book to give a good overview of the stock market functionning. It is quite thorough and explains all the fundamental mechanisms. I would also recommend 'What you need to know before you invest' from Rod Davis


Fibonacci Ratios With Pattern Recognition
Published in Paperback by Traders Pr (July, 1997)
Authors: Larry Pesavento and Steven Shapiro
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Very poor logic and writing ability
This book and the authors' approach to the subject is extremely elemental. He clearly is not too intelligent or does not have much to say.

Good
I've read Profitable Patterns and his Diary so far, and would have to say this book is clearly the best of the three. Sadly though, one would have a tough time discerning the difference between the three books .. since they all present the same ideas and the titles of the books could be changed without anyone noticing. Typical Pesavento Gartley, Fib, Cycle stuff.. if this is a set up you use, then this would be worth reading.

Best Fibonacci Book
This is some of the best work on Fibonacci I've seen. It is very advanced but if you expend the effort to learn it the patterns are profitable. For example, I use the Gartley "222" Pattern and the Shapiro Iteration regularly. There are many example charts to graphically explain the patterns. Highly Recommended


Microsoft Exchange Server Training
Published in Paperback by (July, 1998)
Author: Kay Unkroth
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this book could kill Bill Gates' interest in Exchange
I wasted some time reading this repetitious and wordy book. I could skim for pages to glean a few sentences of substance. Paragraph upon paragraph of information without illustrations. It took me a couple of months before I could pick up Mitch Tulloch's ES5.5 book, which was great.

Very comprehensive guide
I used this book in preparation for the exam 70-081 and found the labs which are based on Microsoft Official Curriculum very useful. The book deals with everything possible on Exchange 5.5 using lab exercises to demonstrate most of the theory including various connectors, Outlook web access, LDAP, POP3,IMAP and much more. I've used Microsoft Press for my entire MCSE training and this book lives up to the usual high standards.

The book is large but that is because the objectives of the module are vast. In fact it appears that Microsoft have split the new Exchange 2000 exam into two modules. To gain in-depth understanding of the Exchange system make sure you use this book to give yourself the confidence required for the exam.

A useful resource for the Exchange 5.5 exam
Having worked my way through this massive book, I was quite surprised by some of the negative reviews it has received.

I used this book to supplement my main Sybex text and I was impressed by the depth of coverage. It covers everything you would every need to know about Exchange and then some. The labs are clear and structured, and fun to work through. The book is well illustrated throughout.

Perhaps its only shortcoming is that the end of chapter questions are not "exam like". This may certainly cause problems if the book is used as the only resource for the 70-081 exam. Combine it though with the Sybex or a decent "test prep" book and you have a virtually unbeatable combination.

Outside the exam the book is useful reference material and unlike purely "examcentric" books will certainly not be relegated to the garage after the exam.

Be prepared for long nights though as this book is almost 1400 pages!

I got 933 on the exam. A fair portion of the material on the exam was covered by this book and not by the Sybex book.

Well worth the money!


McSe: Implementing and Supporting Microsoft Exchange Server 5.5 (McSe Series)
Published in Hardcover by Prentice Hall Computer Books (January, 1999)
Author: Marcus Goncalves
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How does Marcus Goncalves get away with this?
There is so much mis-information in this book that I can conclude that a) Goncalves never proof-read what he wrote or b)he doesn't know the product or c) he simply doesn't really care enough to be accurate. I get the impression that he is a college student who spends much time on "theory" and little on practical application, in which case, in my opinion, he shouldn't be writing for career people.

If you are thinking of certifying for MS Exchange, don't waste your time reading this book. Instead, buy Mitch Tulloch's books on the subject: at least he has used the product in the real world. Then, after reading the Tulloch book(s), buy one of the excellent CBT exam preps that MS recommends.

Apparently Marcus thinks he knows firewalls as well, but if you read the reviews of his firewall books, it seems that most "real world" users consider his knowledge in this area equally shallow at best. I don't have much time to waste on misinformation and therefore I don't think I will ever buy anything else this author writes. Marcus, do us all a favor: consider a career in writing fiction!

Beware! This book is about Exchange 5.0
Beware! The title of this book is misleading, because the contents and illustrations are describing Exchange 5.0 (not Exchange 5.5)

You may choose to verify the following: (1) Recipient Mailbox properties -"Advanced" tab- it shows the Exchange 5.0 version (This is different from the Exchange 5.5 version) (2) The installation for Exchange describe per server option (Note: Exchange 5.5 has only per seat option).

Here are some good books which you may want to use to study for your MCSE Exchange 5.5 exam:

(1) MCSE: Exchange Server 5.5 Study Guide (from Sybex) ISBN: 0782122612

(2) Sams Teach Yourself Microsoft Exchange Server 5.5 in 21 Days ISBN: 0672315254

(3) Microsoft® Exchange Server 5.5 Administrator's Companion ISBN# 0-7356-0646-3

However, if you are looking for Exchange 5.0 book, this is the book you might to take a look.

Good overall Study Guide
I have bought a number of books to study the Exchange Server 5.5 exam. Each book has its merits over the others.

This book gave a good overall understanding of the subject. Not evey aspect is covered in depth - yet the book is not aimed at beginners so I expected this.

An enjoyable book to read, that certainly helped me prepare for the Exchange 5.5 exam.

My only critisism would be that the questions at the end of each chapter were fairly easy and didn't made me think enough about the subject. But there are lots of example questions on NET so I wasn't too concerned about this.


Building Applications with Microsoft Outlook Version 2002 (With CD-ROM)
Published in Paperback by Microsoft Press (15 January, 2001)
Authors: Randy Byrne and Randy Byrne
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Examples are in VB 6.0 instead of VB.Net
Althought this book provides some very useful subject matter, the sample code provided is written in Visual Basic 6.0 rather than the new Visual Basic .Net - a fact that was rather dissappointing given that this is a version 2002 book. Since converting complicated code like comm add ins from 6.0 to .Net is no easy endeavor, I'm finding the usefulness of this book pretty limited for my purposes. If Mr. Byrne will write the same book with .Net examples or if Microsoft and Mr. Byrne will release an updated companion CD with .Net examples, the book and its companion CD will be a lot more helpful.

A likeable author who knows his stuff
I am currently reading this book for the third time, and would like to add my opinions to those of the others here.

Byrne admits in his introduction that he had a difficult time completing this book because of all the security restrictions that MS has placed into the Outlook object model. Clearly, it was a blow to many developers, Byrne included, when MS did this. But as Byrne concedes, MS really had no choice. Byrne discusses strategies for circumventing the security restrictions throughout his book. Byrne is a likeable guy: he's not arrogant, and it's clear that he knows his stuff.

There are a number of subtle and confusing points that must be understood when designing an Outlook application. One example is the concept of "one-off" forms. Do you store the form def in an organization's form library, the application's public folder, or do you send the form def with the item? Byrne does an admirable job in discussing the distinction, but it may take several readings to fully understand it, and the implications behind it. Because of the security restrictions, VBA code will not execute in an one-off form. So, pitfalls abound.

Contrary to what one reviewer has stated, the Outlook object model is discussed in minute detail. Unfortunately, you won't find it until you have gotten through hundreds and hundreds of pages of relatively introductory material, some of which is prone to repetition. That is one of the biggest weaknesses of this book: too much repetition in the early chapters. One example: we don't need to know how to publish a form more than once, but there are at least three step-by-step examples of how to do this.

The structure of the book is such that the early chapters are oriented toward beginners and the later chapters toward more advanced programmers. That is as it should be. But I have to agree with other reviewers who have criticized the beginning chapters of the book as being just too elementary, too repetitious, and too sophomoric (eg, that silly vacation request form).

Overall, I came away from this book feeling Byrne's enthusiam for the Outlook object model, as well as his acute disenchantment at the new security restrictions that have been built into Outlook. This book was published before .NET was finalized, so criticism that it doesn't contain .NET material is unfair. I agree that the book is way over-priced.

Excellent technical programming book
The only significant criticism I have of this book is that I have to agree, it is indeed very, very similar in content and organization to its predeceessor, "Building Applications with Outlook 2000." For those who also purchased the earlier book, there is a queasy feeling of having bought the same book twice, even though Byrne's version does contain updated content. Microsoft should offer a healthy discount to those people who bought both books.

Criticism in other reviews focus on minor details seems to me to nitpick on irrelevant details, while ignoring the fact that Byrne exhaustively discusses Outlook programming with Visual Basic and VBA, including Outlook functionality and the use of the Outlook Object Model (and CDO as well as a little MAPI as relates to Outlook programming). The book is filled with relevant explanation and analysis (not just minimalist captions or code comments, or explaining the obvious).

For a book of this size and scope, a certain number of errors are inevitable. I'm surprised there are so few.

An absolute beginner with programming would probably find this book took too difficult. On the other hand, it's ideal for someone who is familiar with Visual Basic and wants to program Outlook. Byrne discusses the structure and implementation of Outlook (and CDO) methods, properties and objects in sufficient detail to be useful even to an advanced programmer who needs a good Outlook intro and reference with sample code.


Mastering Microsoft Exchange Server 2003
Published in Paperback by Sybex (25 September, 2003)
Author: Barry Gerber
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Probably OK for total beginners
I did NOT like this book for many reasons. I bought it because it was one of 3 first books sold on Amazon related to subject. Completed chapter 18 by now
- The book merely covers very basic aspects of MS Exchange. The rest of topics related to networking poorly explained making me think Mr.Gerber not exactly knows what he is writing about :(
- The way book is written makes me feel that Mr.Gerber is trying to sell me one of his MS Exchange projects however I believe it suppose to provide solid material about MS Exchange 2003 and it does not...
- Could not find any info about author's certification, degree or personal info (i believe that is important), some basic info about company - Barry Gerber's experience in IT industry is still a mystery to me...
- About Sybex. This book cannot belong to the "Mastering(tm)" series as it is strictly targeted for people who have no idea about Xchange. I am very disappointed by the fact Sybex was confusing me and I would reconsider purchasing materials published this company :(
- The book could be shorted to about 300 pages with no harm at all, so much stuff not related to Xchange...

On the other side the author is speaking mostly from personal experience. That obviously has positive impact on readers who might have only some basic theoretical knowledge about MS Xchange. The useful part of material is presented in very simplified form with hundreds of screenshots covering most of basics which is also a good point :)

With my best wishes. There is always a place for improvement
Regards
Paul

Not That Bad
Unlike others, I didn't care too much about the mistakes. No source is perfect and experienced techs will be able adapt and still be able to utilize the information. From my own experience, resolutions to problems have been found from various places so there will never be a single source for troublshooting. What I found lacking are screenshots. More would have been more helpful and easier to understand than reading the explanations.

Read it and applied it.
I am a network admin for a small company (100 users) that was running Exchange 5.5 on an old server that could not be upgraded. We were also in the middle of a domain migration from NT 4 to 2003, and the old exchange server could not be migrated, as it was the PDC for our old domain. I know what you are thinking, and believe me I was not involved in that.

I used the book to come up with a migration strategy, but had some questions about Public Folder migration that were not addressed in the book. I emailed Barry Gerber (Author) about it, and he responded within 1/2 hour giving me details about the public folder migration. He actually acted as a very valuable resource for me, and his book is informative, although maybe not for someone who is trying to just pass an exam or a complete novice. It is detailed with regards to migration and security, and Barry provides some excellent real-word stories that help understand some of the best practices of top-notch Exchange administrators.

I recommend this book to all who are serious about truly mastering Exchange 2003. I have pulled off the migration with no other books, have implemented an outlook 2003 rollout, and 2003 Outlook Web Access all from this resource, and could not be happier. Neither can my supervisors!


Dow 40,000: Strategies for Profiting From the Greatest Bull Market in History
Published in Hardcover by McGraw-Hill Trade (26 June, 1999)
Author: David Elias
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To a growing number of analysts (see James Glassman and Kevin Hassett's Dow 36,000 and Charles W. Kadlec's Dow 100,000), it's not a question of if the Dow Jones Industrial Average will blast into the financial stratosphere, but how high it will go.

One such lofty projection comes from financial advisor and author David Elias, who believes that the Dow's collection of blue chips are poised to reach unprecedented levels, hitting 40,000 by the year 2016. It's heady stuff, to be sure, but not, as Elias carefully documents, if a record-setting bull market continues its mad charge into the new millennium. Formed in May 1896, the Dow took 76 years to reach the 1,000 plateau. After striking 4,000 in 1995, the market has required less than one year for each new 1,000-point milestone, touching 10,000 in March 1999. The Dow needs 9 percent annual growth to hit 40,000 in 2016, but how can the economy sustain this growth? Elias believes that forces such as direct foreign investment, domestic savings, and cooperative central-banking policies will drive this vigorous market, as will the dynamics of the New Economy, which allows for the coexistence of high economic growth, low interest rates, and low inflation. Elias describes the changing economic landscape as "unlike any seen in the twentieth century. In fact, the New Economy idea is heavily contingent on continued global growth and capitalization. New and expanding markets are opening their doors to the world, and investors will profit."

After building his case for the Dow's ascent--which includes a lucid study of classical and contemporary economic concepts--Elias looks at massive opportunities for new-millennium investors. He lists his criteria for investing in a company: seasoned management, experience in the global marketplace, brand-name recognition, a frontrunner position of in a specific industry, and financial strength to weather turbulence. Finally, Elias offers 12 sample portfolios, drawing from three sectors that he believes will lead the marketplace: technology, financial services, and health care. His "Rip Van Winkle" portfolio--one that an investor can buy and ignore for a year--includes Merck & Co., Citigroup Inc., and AT&T Corp. Of course, as with individual stocks themselves, it's impossible to predict what new levels the Dow will reach, but by book's end, 40,000 looks attainable. --Rob McDonald

Average review score:

Buy MCI Worldcom!
Yes, this book actually recommends Worldcom (among a host of other lesser losers). It's interesting as a historical relic of the irrationally exuberant nonsense that pervaded in the late 90s. It should have been called Dow 4,000.

Total Waste-Try Sy Harding's "Riding the Bear"
At least Harry Dent made a lot of $$$ with his silly, highly inaccurate stuff, this poor guy Elias is similiarly hopelessly wrong and the book is already out of print, just 3 years after release.
Sy Harding is flexible enough to make money in all types of markets, check out his personal website and read his outstanding book "Riding the Bear." One would need the leverage of options (specifically put option buying) to recoup $$$ lost by listening to silly bulls like Elias, read "Tools of the Bear" by Charles Caes.
Books like Dow 40,000 are a sure sign of a market top.

A Good Read!
Call David Elias an optimist. He expects the Dow Jones Industrial Average to hit 40,000 by the year 2016, and he stands by his prediction, even in the wake of the stock market down turn. His target doesn't sound so outlandish if you consider that, in order to hit 40,000, the Dow must rise by only 9% annually in the next 16 years. (Investors already have accustomed themselves to much grander annual returns.) However, Elias, an investment adviser, might strike some readers as a bit too cheery. He says interest rates and inflation will remain low for a decade, and he predicts that the developing world will goose profits by buying ever-increasing quantities of products from U.S. companies. Elias also argues that the much-feared backlash from Baby Boomers pulling out of the market after they retire will prove a myth. While Elias' outlook is relentlessly buoyant, we [...] recommend his information to investors and his book's ripe conversational fodder to futurists and analysts.


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