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INVESTING BOOKS
Posted in Investing (Tuesday, October 7, 2008)
Written by Fred Crane. By Zyrus Press.
The regular list price is $37.95.
Sells new for $25.46.
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1 comments about California Real Estate Property Management.
- This is a handy guide, written in understandable English and not legalese, for current and prospective property managers. Some specific examples of common real-estate management situations are spelled out to help the reader figure out what to do in similar situations. Specific sections of the California Department of Real Estate Code, the California Business and Professional Code, and prior court cases are cited when needed. Additionally, this book provides sample forms of use by landlords and property managers.
Though this is a good book for landlords and property managers, I am merely a tenant, and I bought this book as I was curious to know if my landlord was abiding by state laws and professional codes. This has been a great guide for me to know what rules my landlord should be following, and what my rights are as a tenant in California. I'll be looking into other books more specifically about tenant rights soon. Maybe I should get into property management myself someday...
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Posted in Investing (Tuesday, October 7, 2008)
Written by Oriel Incorporated. By Oriel Incorporated.
Sells new for $16.95.
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No comments about Guiding Successful Lean Six Sigma Projects.
Posted in Investing (Tuesday, October 7, 2008)
Written by Edwin Lefevre. By McGraw-Hill.
The regular list price is $24.95.
Sells new for $14.66.
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1 comments about Wall Street Stories: Introduction by Jack Schwager.
- A neat collection of short stories that appeared in McClure's Magazine around 1900. Some characters reappear in different stories, but the stories are each self-contained. This is the earliest work in which I have found the short-selling quote: "He who sells what isn't his'n, Must buy it back or go to pris'n (page 173)." If you want to feel the brass Ticky-ticky-ticky-tick of the ticker then read this book. The first story "The Lady and Her Bonds" appears to have been the inspiration for Lefevre's novel "Sampson Rosk of Wall Street." If you liked "Reminiscences of a Stock Operator," you will love this book. Don't be dissuaded by the "out of print" label probably attached to this work - it cn still be found and is worth the search.
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Posted in Investing (Tuesday, October 7, 2008)
Written by Philip L. Carret. By Cosimo Classics.
The regular list price is $29.95.
Sells new for $23.96.
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5 comments about The Art of Speculation.
- Mr. Carret was a well-respected financier who spent a lot of time and thought putting to paper the ideas that helped him build a fortune for himself and his clients. The ideas that he writes on, value-investing, market forecasting, evaluating a company's R&D prospects are relevant to this day, and are valuable given the age of the text.
However, this is a somewhat difficult book to read, indeed arguably one of the most difficult to read texts in the Wiley Investment Classic series. With that in mind, I would only suggest it's reading to the dedicated financier who has already digested many of the other fine historical banking books that are available. Again, this is a good book, but it's wording is old and often not very direct. The graphs and charts need further touching up as they are also somewhat difficult to decipher.
- When I think of a classic then I think of something that holds true regardless of time. This book is a bit outdated (it was written in 1930). A third of the book is concerning the analysis of mining and railroad companies.
Plus the book was very rudimentary in its writings. Not really a book on speculation as an introductary book for a 1930's investor. In my opinion not worthy of the term "Classic" If you want a true classic read "Reminences of a Stock Operator" This is a true classic with truths that hold true today as well as 1923 when it was written.
- There are good bits and bad bits to Phillip Caret's classic. The bits on balance sheets, P&Ls and what makes the difference between investment and speculation are very good. His style is tight and unambiguous. The message is clear. The bad side is that I found it boring and not at all the 24-carat prose that is claimed in the introduction.
Wiley has many great books in its Investment Classics series. This isn't one of them.
- There is alot to this book that makes the reader think...the beginning chapters on what is speculation and what is gambling, I found invaluable. As a full time trader I needed someone to explain to me why I wasn't just a river boat gambler, or for that matter why all the Brokerage & Banks weren't either, and Mr Carret did beautifully, putting speculation in its proper place in the trade annals of all mankind.
The bulk of the book gives one a short course in Graham & Dodd valuation & why the Internet stocks with no sales/no profits were bound to come to earth (sorry AMZN :-) Yes he talks about mining and railroads but don't they still exist? Or their counterparts? Railroads are transports; mining is r/d semis and electronics, energy & of course minig. The ideas are the same. Do a little thinking & this book is sheer gold. I will not say that I overstayed in the valuation parts but I do admit it was good to understand & what to look for whilst reading the various trade papers. Exactly why do profits matter? Finally, the chapter on volatility...haven't we all been caught in volatility is priceless. It's helped me in my trading immeasurably. I saw Mr Carret on Lou Rukeyser when he was in his 90's & still working. He impressed me then, vigorous in mind & body, & I was saddened to hear that he died at 101 just 2 years ago. This book like the man, is a time that is lost to all of us & thus with the Internet bubble we were condemned to repeat it. I wish I had read him earlier. Honestly. God Bless you Mr Carret & Thanks
- This is one of the books that I decided to re-read. There is a little something for everyone in this book. Technical analysis, fundamental analysis, investing and speculation. The thing that really strikes me about books like this that were written 70-80 years ago is how true they are today. Sure, when the author writes about railroads, you may have to replace that with optical equipment today, but the premise and outcomes are the same. If you want some perspective of what things were like in the 30s, with some practical application in the new century, this is a great choice.
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Posted in Investing (Tuesday, October 7, 2008)
Written by William T. Spitz. By MacMillan Publishing Company.
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4 comments about Get Rich Slowly: Building Your Financial Future Through Common Sense.
- Spitz, Treasurer of Vanderbilt University, spells out in simple terms, how to invest in 5 or 6 classes of mutual funds to match the level of risk for your stage of life.
He shows how to analyse your level of risk and makes a few assumptions about future growth potential and creates a plan for financial security that the reader can follow and practise without the need for stock brokers or other expensive financial advisors. Easy to read and understand.
- I met the author twice when he spoke to a small group. I liked Bill's thought process and bought the book about eight years ago. I still have it, well marked and well used. Bill explained his purpose in writing the book as showing individual investors how to apply the same principles of investing and investment management that he applied as Treasurer of Vanderbilt. There he selected and provided oversight over a number of portfolio managers who managed portions of the Vanderbilt endowment. Bill shows how an individual can do the same thing by investing in a diversified group of mutual funds.
Bill carefully explains the elements of an investment portfolio (U.S. stocks, small cap stocks, bonds, real estate, etc.) and suggests several allocations between the elements. One unique aspect of his advice is that every portfolio should have a real estate component. His discussion convinced me and real estate investment trusts are now an important part of my retirement portfolio. This is a well written quide for the individual investor who seeks a well thought out plan for investing.
- the end of the I met Mr. Spitz several years ago when he spoke at a Vanderbilt Alumni Reunion in Louisville. He explained his book, which I purchased, and I was able to use his philosophies in setting up investments for hundreds of injured people. I still quote parts of the book verbatim to this very day.
I recently purchased several copies of the book to give to people who work in our office. It is one of the best investment philosophy books ever written. Don McNay...
- Mr. Spitz provides a no nonsense, intelligent approach to retirement investing. He uses historical data and his vast experience to support his staightforward, "anybody can do it" philosophy. Most importantly, he teaches the average investor how to avoid the extraneous and useless information that plagues all do-it-yourself investors. With his approach, a plan is always set in place, removing the need for "thinking" about your retirement. Every person in charge of his own retirement should read this book.
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Posted in Investing (Tuesday, October 7, 2008)
Written by Howard Becker and Richard J. Terrano. By CCH, Inc..
The regular list price is $179.00.
Sells new for $89.95.
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No comments about Not-for-Profit Reporting (2008).
Posted in Investing (Tuesday, October 7, 2008)
Written by William Rothwell and James Alexander and Mark Bernhard. By HRD Press, Inc..
Sells new for $59.95.
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No comments about Cases in Government Succession Planning.
Posted in Investing (Tuesday, October 7, 2008)
Written by Richard A. Ferri. By Portfolio Solutions.
The regular list price is $26.95.
Sells new for $13.00.
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3 comments about Serious Money, Straight Talk About Investing for Retirement.
- How can investors in stocks gain the investment knowledge needed to plan for retirement? Serious Money covers everything from considering the pros and cons of diversifying a mutual fund portfolio to developing a logical investment style based on real returns rather than dreams. Chapters outline Ferri's particular style of investing and reflect the author's background as a stock broker and financial advisor.
- This book was well-written, easy to follow, and really helped explain how to invest your money. Although I read a lot on investing, this book provided a lot of new and enlightening information. Mr. Ferri's book is a must and will really help you invest your money profitably.
- Excellent book with practical, easy to follow advice minus the financial jargon. Mr. Ferri explains financial concepts in a simple, straightforward style and walks the reader through steps to develop a sound, well thought out financial plan. I'd highly recommend this book!
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Posted in Investing (Tuesday, October 7, 2008)
Written by Trump University. By GDL Multimedia.
Sells new for $59.95.
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No comments about Donald Trump- Real Estate Investing, Master Secrets to Getting Rich, 16 Disc Set w/FREE Travel Case.
Posted in Investing (Tuesday, October 7, 2008)
Written by David Rockwell Megan Dorsey. By Rockwell Publishing Company.
Sells new for $39.95.
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1 comments about Financing Residential Real Estate, 14th Edition.
- The book was brand new as promised and was recieved within two business days as amazon predicted, which was awesome because I needed the book right away. Excellent service as always from amazon and I will continue to buy textbooks from them.
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California Real Estate Property Management
Guiding Successful Lean Six Sigma Projects
Wall Street Stories: Introduction by Jack Schwager
The Art of Speculation
Get Rich Slowly: Building Your Financial Future Through Common Sense
Not-for-Profit Reporting (2008)
Cases in Government Succession Planning
Serious Money, Straight Talk About Investing for Retirement
Donald Trump- Real Estate Investing, Master Secrets to Getting Rich, 16 Disc Set w/FREE Travel Case
Financing Residential Real Estate, 14th Edition
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