market-economics

Someone gave me this when I was just starting out in my career, years ago. I donated this copy to the Women's collection in my employer's library, and reread my old, dog-eared copy. The advice and insights are just as fresh and relevant as they were years ago. This should be given to every young woman just entering corporate America - it would be good to add to ethics studies in both business and science (my field). I still make use of the advice and strategies.It would be nice to see an new edition come out ...

... and if you weren't either a football player in high school or in the military you don't know them.

It's written for women, but any men that weren't jocks or military need to read this too.

I used to wonder why I got in trouble at work -- now I know and don't do it anymore. I'm getting well paid for my work, get along with my co-workers and management, and my career is on track.

I recommend this book to everyone I know, the few who actually read it get the same results I got.

It's a little dated, but don't let that stop you. The corporate culture (at least in the United States) hasn't changed much this century and it's not likely to change anytime soon. Some of the details she presents may be different, the general principles are still completely current.

Also, she's a fun writer and it's a good read.

Interesting book which describes the corporate world from a women's perspective and gives advice on career planning and advancement. As a man, I find the book overstates the nature men and of `male' business - not all men are sports jocks. However, the book does contain plenty of good, ruthless, honest advice.

This book does a great job of explaining the reasons for commonplace hang-ups about money and offers a very workable solution. I actually struggled with being an "over saver" - and there aren't many books written for us. Laut outlines a great way to live for today (spending what you have) while also saving for the future. It's easy to read and easy to implement.

I first read this book in my early twenties when I was a lost soul living on welfare (not a difficult thing to do in this town). The first word that comes to mind is PHENOMENAL.

Money Is My Friend explores the philosophical, psychological and emotional aspects of wealth. The purpose here is to eliminate Poverty Consciousness and replace it with Prosperity Consciousness. Money is a force beyond good and evil, neutral as electricity and powerful enough to rival even the forces of love and war. It is a creation of the human mind. All currency simply consists of symbolic representations of a mental construct that cannot be clearly defined. Therefore, poverty and wealth are merely states of mind which manifest themselves on the physical plane. By altering the contents of your mind you alter the contents of your bank account, so to speak. In order to do this Phil Laut takes us through exercises of self exploration and reprogramming which REALLY WORK. Also, his guidelines for managing money are unsurpassed and he devotes an entire chapter to the art of salesmanship (which should be a basic life skill for everyone). I seriously believe this book should become a standard in High School curriculum.

I am now in my late twenties and well on my way to earning a 6 figure income. This book should have been entitled The Magical Secrets of Wealth Creation.

I read `Think and Grow Rich' when I was 23, and in the ensuing 25 years had read most of the how-to books on success and wealth (including Magic of Thinking Big, The Greatest Salesman in the World, Spirit of Appollo, The Richest Man in Babylon etc.). However none of them did me any good in improving my financial situation.

So when I came across this gem of a book, it was like a breath of fresh air. For once I found something that did work - for me! While the other books left me feeling guilty (I had not persisted enough, I did believe enough, I had not visualized properly etc.), Money Is My Friend did just the opposite! It explained that there could be hidden mental blocks within my subconscious that caused negative results, and not just the lack of proper application of principles. Furthermore it helped me uncover and clear some of these mental blocks.

The breakthrough came for me when I was on Chapter 4 and reading about `Parental Disapproval Syndrome'. It suddenly flashed upon me just how the tutelage of my parents and my teachers had helped me make the strong subconscious association that MONEY IS EVIL. That was the reason why I found it difficult to attract money.

The affirmations given in this book are wonderful. Within a few months of my writing my first affirmation `My income exceeds my expenses', my financial situation began to improve.

But this book is much more than about money. The ideas in the book may seem controversial at first glance, but are in fact true. Some examples just to whet your appetite: `Financial problems cannot be solved with money!' `All human wealth is created in the human mind!' `Anger is intention contaminated with the idea of helplessness' `My wealth increases daily, whether I'm working, playing or sleeping!'

Read the book before you dismiss or condemn any of the above statements. I can only end with the words of the author `Make a special note to re-read the sections that make you angry, skeptical or afraid!'

I believe you will be glad you did. After 25 years of religiously studying hundreds of books on attaining success and wealth, I think Money is My Friend stands out as the ultimate.

I still buy copies of MIMF to give to my friends.

I should read this book in detail -- but it's so full of details, I can only use the index to get where I want! THE book if you're going to buy land.

After 20 years the updated 15th edition is still the best for the "feel" of real estate.Not too many people are aware that the 400 illustrations can be made into transparencies and make a great presentation.

If you're looking for a book that explains the basics of realty with humor and style, the newly updated 15th edition is the answer...Comical illustration keep you flipping the pages...to explain difficult real estate and financial concepts.The book explain all the basics involved in buying or selling a home or single piece of property.

The reason this book is getting "FIVE STARS" from everyone is because it takes a DIFFERENT approach. It is specific. She names national thrift store "chains," ie the Discover Shops, Goodwill etc. and lists other outlets all over the U.S. and in other countries. Covering this much geography, is a FIRST that I have ever found. For those of us that travel, this is a Godsend. She even has a section on "Bargains on the Internet." There is a section on "resources" (other books, and addresses to write for info.etc.)Then, there's a section for the "trade" with bargains on display pieces etc. For those of us that have collections, these display pieces are a "must" and they're expensive. This is the first resource I've seen to get these at bargain prices.This book is a GREAT source of information for the bargain shopper.

I LOVE SHOPPING! I LOVE SHOPPING AND SAVING MONEY! THE ULTIMATE CONSIGNMENT & THRIFT STORE GUIDE IS THE ANSWER TO A SHOPPER'S PRAYERS. I HAVE FOUND SUCH WONDERFUL BARGAINS IN STORES LISTED IN THIS BOOK. I LOVE DESIGNER CLOTHING AS WELL AS VINTAGE CLOTHES. THIS BOOK HAS ENABLED ME TO LOOK CHIC AND SAVE A GREAT DEAL OF MONEY! I EVEN FOUND SOME BEAUTIFUL FURNITURE. THANKS TO MS. SCHNEIDER I LOOK LIKE A MILLION, FEEL LIKE A MILLION AND AM SAVING TOWARDS A MILLION!

I came across this book while I was recently browsing in a book store and then looked in the computer. This book provides wonderful information for smart shoppers worldwide. I cannot begin to express my joy in finding such a great book. I have visited a number of the stores in different places. Not only did I find many great "buys" but each store was so interesting. I would like to thank the author for the time and effort put forth in this book. Great idea!

I've read all the reviews of Schmidt's efforts on matter of European Integration. And here's what I think. She is destined to embrace the English model and the English model, I'm convinced will embrace her. They will be as one. A European Union far more robust than anything concocted in Brussels. So I, for one, would like to celebrate that true union of politics and passion and hoist a glass to Schmidt and this English Model!

As I see it, the English model must be (and no doubt is, in Schmidt's extraordinary hands) smart, generous, and prone to displays of great good humor. The English model must display the kind of maganimous spirit that say, one brother-in-law might display to another brother-in-law if the latter brother-in-law were, say, a writer needing a place to stay in England.

I've read through the review string, and I must ask about the referenced English model. Please tell me more. I know of course of Schmidt's work on French models and German models and the energy she devoted to the models of Italy and America. Before I endorse this new effort, I think we should know more.

Dr DeRosa's book was entertaining, easy to read and packed with anecdotes and information. As an investment pro, his book gave me a greater insight into the often arcane political manipulations that eventually sow the seeds for economic instability. He pulls no punches when he states that central banks and governments themselves set themselves up to be the eventual "victims" of their own bad policies and instead of doing something different, they blame the speculator.
I like his information "boxes" that help the reader with the technical details of the book. Although I have long been a fan of single currency idea's, DeRosa's book has given me reason to pause. Well referenced and well researched.
The reviews by Dr Hanke and Dr Friedman can't hurt either.

"In Defense of Free Capital Markets is an impressive survey and analysis of the crises of the 1990s. Mr. DeRosa makes a strong case that official intervention has made matters worse, not better, and that in such instances it is far better to leave it to the invisible hand of the market than to the clumsy, visible hand of regulators."

--Milton Friedman Senior Research Fellow, Hoover Institution Nobel Economics Prize, 1976

Professor DeRosa offers up a generous helping of reality in evaluating the currency crises of the past dozen or so years. From the first world foibles of the Bank of Japan to the third world of currency pegs, the currency calamities of the late twentieth century are thoughtfully presented in a lean read.

While perhaps giving short shrift to the political constraints facing policy makers in times of crisis, Mr. DeRosa nevertheless does well describing the environments and pre-conditions which ultimately fostered our most recent international financial catastrophes.

In this, the age of fiat money, unsustainable currency policies are easy prey for the worlds biggest market. Anyone interested in a brief but informative history of recent currency debacles will truly enjoy this book.

I am using the most recent edition (1999, ISBN027362587X) of this excellent book published by FT Prentice Hall.

This book is a concise and informative guide to the concepts and mechanics (maths) and application of financial instruments.

The author has managed to cover the wide area of financial instruments and business maths in the most concise and informative manner possible.

The added bonus of this book is that it could have been "unintentionally" written as a companion with HP financial calculator-the HP12c and the HP19BII.

As a new owner of the HP12c, I have found this book to be an excellent and indispensible guide and workbook.

Working through the examples in the book with my HP12c has helped me familarise with the RPN mode/logic of performing financial maths at the same time as I apply my understanding of the underlying concepts to the exercise questions and illustrative examples.

I am impressed that the author had even included detailed key strokes of both the HP 12c and 19BII calculators with each illustrated examples and answers to practice questions as well! Although there is afew minor errors but the overall effort is great efforts and attention to details.

This book is really true to its name, I would certainly recommend Mr Steiner's excellent work and effort to anyone who needs a refresher or an introductory course into financial instruments for both work and study.

Judging by the author's excellent effort, it would be difficult for the author himself to improve on his own work unless there are major new developments in the subject matter or if the author wishes to cover more complex and specialist areas.

A five star+ effort in my humble opinion.

One of the best titles you can get about pricing swaps and simple options and many other money market stuff. A lot of excersises with solutions. I dont know how this book isnt a best-seller yet.

As a liberal arts major who was not a math pro but had an interest in learning the tools of finance, this book was a dream come true. It explains every calculation simply and without any technical (and incomprehensible) jargon found in many textbooks. It includes examples, hints, and a glossary of important financial concepts. If you are willing to learn, then this book is for you. A good reference tool for even pros. A bit expensive but NOT sorry to have bought it.

Michael Synk, in this concept, has captured and organized what I have tried to do without being able to identify it myself. Now I have a tool through the book and his training materials (from seminar) to train my staff to meet the needs of our customers. I have young employees and they will 'get it'. I am excited to begin showing them how their jobs can be more profitable and more fun as well as giving them a tool they can use wherever their lives take them.

Buy this book!

This book is a prime example of the brilliance of keeping things simple. The steps that the book uses to create a strong bond between you a your customers work and work very well. Using these simple steps, I have greatly improved my relationship with my cutomers.

I would put this book on par with "How To Win Friends and Influence People" on how to change your business life.

This book is a creative way to teach people how to do what is the purpose of any business--to get and keep customers. We all want customers like Norm, and Michael Synk provides a very clear message on how to create that loyalty. In fact, we will be using the book for leadership development at FedEx because we love our customers just like Norm! The book provides some really practical tools for assessing customers' loyalty and value so that we can meet their needs better and move more customers into the Norm category. A quick and easy read that brings BIG value!

This book is more academic than practical, which is not a bad thing. I enjoyed reading it and found it to be well researched and very educational. Just remember, however, that any systematic strategy that makes money in the stock market will become ineffective as soon as it becomes well known (anyone remember "Beating the Dow" or its offspring, "The Foolish Four?"). So read this book if the topic interests you, but don't expect to cash in by exploting these anomalies.

Also, A Random Walk addresses some of these anomalies and explains why, given transaction costs among other things, one cannot profit from them.

The financial markets give investors a chance to make money when they work - and when they don't. When markets work efficiently they uncover the true value of an asset by pegging its fair price for informed buyers and sellers. When for a variety of reasons markets are inefficient they misprice assets. When the specific circumstances of that mispricing are recognized and persistent (viz. predictable) it is an anomaly. The regularity of anomalies offers investors, at least in theory, the opportunity to profit by taking a position that recognizes the temporary nature of the mispricing before it rights itself. These anomalies are the subject of Singal's study which takes its title from the updated 1970's classic exposition of the efficient market hypothesis by Princeton Economics professor Burton Malkiel.

This is a detailed look at ten market anomalies. Singal's goal is to move us well beyond descriptions and academic evidence and offer trading strategies intended to achieve an outsized market return. Each chapter summarizes key points and projects potential returns from implementing the outlined strategy. Additional market anomalies are briefly identified in the final chapter. As a bonus of sorts an appendix gives the most detailed explanation of short selling I have read.

From a practical standpoint some anomalous situations would appear to be more exploitable than others. Mergers between public companies occur with some frequency, so an understanding of how to play the merger premium paid by acquiring companies for their target is useful. Changes to the composition of the S&P 500 Index and their impact on stock prices occur with less frequency, but this is balanced by opportunities from the January and "New December Effect" (mark your calendars). From anecdotal observations, I am not convinced by the author's discussion of the Weekend Effect, and the chapter on International Investing seems like a fair argument for diversification rather than an anomaly. The so-called Value Line Enigma identified in the final chapter is perplexing to this reader, since the supposed outperformance of their recommended stocks runs directly counter to a similar study of mutual funds picked by Morningstar. An apples to oranges comparison to some, perhaps, but it is a sufficiently known study to warrant comment. A chapter dealing with currency forward rates will be beyond most non-professional investors. I would have liked to have heard more about spin-offs, the long-term overperformance of "independent" subsidiaries occasionally distributed to shareholders of a parent company. Singal identifies the simpler, "sharper" corporate mission as the reason. Actually, it may be strong sponsorship and generous, upfront management incentives which spark those returns.

The question remains, does this serious academic study offer practical trading strategies to investors bent on gain. The answer is that Singal has so many ideas packed into the book that investors will be influenced in the aggregate in their trading decisions. Not to be aware of these market biases exposes traders to more uncertainty and risk than may be necessary.

The format in which this book was written is outstanding. Simply because I don't have an interest in all the chapters, and the way in which it was written allows me to read several chapters without reading the entire text. The anomalies are based on backtesting and research, and not just feel or emotion.
Singal shows that there are temporary mispricings in the market and offers suggestions how individuals can implement strategies to profit from them.

If you're looking for the best textbook on the subject, you need to get "Fixed-Income Securities: Valuation, Risk Management and Portfolio Strategies" by Lionel Martellini, Philippe Priaulet, and Stéphane Priaulet.

It is the most up-to-date book on the subject. Moreover, you will get a lot of worked-out examples and end-of-chapter problems with solutions.

It is the best investment you can make on a fixed-income book.

Thank you,

A great book that makes a complicated and necessarily highly quantitative subject accessible to a wider public.
Able to simply explain difficult concepts.
Probably the best in fixed income teaching.
Your money will be well spent. Congratulations to Bruce Tuckman.

Since all of the reviews cover the first edition, it's definitely worth noting that the 2nd edition is much improved. I've read most of the introductory books on fixed income, and none explain the market as clearly and intuitively as Tuckman. Anyone who is joining a fixed income desk or who seeks to learn more about this area should pick up this book before any others. The repo markets, interest rate and asset swaps, forwards, and futures are all covered in excellent detail. There are few discussions of duration and convexity that rival this one. Overall, this book scores high in all major areas and is highly recommended by all those I know who have come across it.