Download or read book Fooling Some of the People All of the Time A Long Short and Now Complete Story Updated with New Epilogue written by David Einhorn and published by John Wiley & Sons. This book was released on 2010-12-07 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revealing look at Wall Street, the financial media, and financial regulators by David Einhorn, the President of Greenlight Capital Could 2008's credit crisis have been minimized or even avoided? In 2002, David Einhorn-one of the country's top investors-was asked at a charity investment conference to share his best investment advice. Short sell Allied Capital. At the time, Allied was a leader in the private financing industry. Einhorn claimed Allied was using questionable accounting practices to prop itself up. Sound familiar? At the time of the original version of Fooling Some of the People All of the Time: A Long Short Story the outcome of his advice was unknown. Now, the story is complete and we know Einhorn was right. In 2008, Einhorn advised the same conference to short sell Lehman Brothers. And had the market been more open to his warnings, yes, the market meltdown might have been avoided, or at least minimized. Details the gripping battle between Allied Capital and Einhorn's Greenlight Capital Illuminates how questionable company practices are maintained and, at times, even protected by Wall Street Describes the failings of investment banks, analysts, journalists, and government regulators Describes how many parts of the Allied Capital story were replayed in the debate over Lehman Brothers Fooling Some of the People All of the Time is an important call for effective government regulation, free speech, and fair play.
Download or read book Fooling Some of the People All of the Time A Long Short Story written by David Einhorn and published by Dekklun Cuinn. This book was released on 2008-05-02 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In 2002, Einhorn spoke publicly about Allied Capital--a leader in the private finance industry--presenting it as an excellent short opportunity. Einhorn describes the incredible events that followed his speech and how Allied and the investment community attacked him to protect the company--and its stock price. Informative and intriguing, "Fooling Some of the People All of the Time" details how the current environment on Wall Street--and the world of hedge funds in particular-- not only allows for such behavior, but how it protects the companies and attacks those who attempt to uncover them".--Résumé de l'éditeur.
Download or read book Fooling Some of the People All of the Time written by David Einhorn and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How far will some unscrupulous companies go to keep the truth about their dealings from the American investor? Farther than the eye can see, according to this account by Einhorn, the founder of Greenlight Capital, a long-short value-oriented hedge fund. Einhorn's firm has achieved greater than a 25 percent annualized net return for its investors since 1996, proof that Einhorn can literally put his money where his mouth is. At a charity investment conference he did just that, and told the world he had become alarmed by the practices of Allied Capital and had sold it short. The result was near-chaos for Allied, but its minions retaliated through powerful connections in Washington, resulting in Einhorn being investigated by the SEC. In the meantime, Allied continues on, making Einhorn the target of its anger.
Download or read book Your Food Is Fooling You written by David A. Kessler, M.D. and published by Macmillan. This book was released on 2012-12-24 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: A call to young people to exchange an unhealthy diet for a healthy one.
Download or read book Confidence Game written by Christine S. Richard and published by John Wiley & Sons. This book was released on 2011-03-29 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: An expose on the delusion, greed, and arrogance that led to America's credit crisis The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff is the story of Bill Ackman's six-year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the Wall Street Journal and New York Times, and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than $1 billion when bond insurers kicked off the collapse of the credit markets. Unravels the story of the credit crisis through an engaging and human drama Draws on unprecedented access to one of Wall Street's best-known investors Shows how excessive leverage, dangerous financial models, and a blind reliance on triple-A credit ratings sent Wall Street careening toward disaster Confidence Game is a real world "Emperor's New Clothes," a tale of widespread delusion, and one dissenting voice in the era leading up to the worst financial disaster since the Great Depression.
Download or read book Fooled by Randomness written by Nassim Nicholas Taleb and published by Random House. This book was released on 2008-10-14 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fooled by Randomness is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are The Black Swan, Antifragile, Skin in the Game, and The Bed of Procrustes. Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan–has written a modern classic that turns on its head what we believe about luck and skill. This book is about luck–or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of trading–Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives. The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness. However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance. Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared. Named by Fortune One of the Smartest Books of All Time A Financial Times Best Business Book of the Year
Download or read book Abigail Bible Study written by Nancy DeMoss Wolgemuth and published by . This book was released on 2018-06 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each of us can point to someone who makes life complicated. It could be a coworker, a family member, or even a spouse. Sometimes it's easy to let circumstances like this control our thoughts, words, and actions. We react, rather than act...and find ourselves frustrated -- our ourselves and the situation. But does this have to be the way it is? One woman of the Bible shows us that there is a better way. The way of wisdom. The way of hope. The way of Jesus. In this six-week Bible study, journey along with Abigail as she uses her influence in two men's lives-- with different results. See how the empowerment of the Holy Spirit can help you deal with difficult people...without becoming difficult yourself.
Download or read book The Folly of Fools written by Robert Trivers and published by Basic Books (AZ). This book was released on 2011-10-25 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the author's theorized evolutionary basis for self-deception, which he says is tied to group conflict, courtship, neurophysiology, and immunology, but can be negated by awareness of it and its results.
Download or read book Working Days written by John Steinbeck and published by Penguin. This book was released on 1990-12-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Steinbeck wrote The Grapes of Wrath during an astonishing burst of activity between June and October of 1938. Throughout the time he was creating his greatest work, Steinbeck faithfully kept a journal revealing his arduous journey toward its completion. The journal, like the novel it chronicles, tells a tale of dramatic proportions—of dogged determination and inspiration, yet also of paranoia, self-doubt, and obstacles. It records in intimate detail the conception and genesis of The Grapes of Wrath and its huge though controversial success. It is a unique and penetrating portrait of an emblematic American writer creating an essential American masterpiece.
Download or read book Someone to Hold Wild Widows Series Book 2 written by Marie Force and published by HTJB, Inc.. This book was released on 2022-11-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Grief brought them together. Will it also tear them apart? Iris Two and a half years after suddenly losing the love of my life, I’m coming out of the fog of early grief and taking a hard look at the rest of my life. With three young children to care for on my own while also managing their grief, I haven’t had a lot of time to ponder what’s next for me. When I think about what I really want, I keep coming back to one thing. Or I should say one person, someone who understands what I’ve been through because he’s been there, too, only his losses were far worse than mine. I find myself thinking about him all the time, but is he ready for the things I want? I have no idea, but I’m determined to find out. Read Iris’s story in book 2 of Marie’s new Wild Widows Series.
Download or read book No One Would Listen written by Harry Markopolos and published by John Wiley & Sons. This book was released on 2011-02-08 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Harry Markopolos and his team of financial sleuths discuss first-hand how they cracked the Madoff Ponzi scheme No One Would Listen is the thrilling story of how the Harry Markopolos, a little-known number cruncher from a Boston equity derivatives firm, and his investigative team uncovered Bernie Madoff's scam years before it made headlines, and how they desperately tried to warn the government, the industry, and the financial press. Page by page, Markopolos details his pursuit of the greatest financial criminal in history, and reveals the massive fraud, governmental incompetence, and criminal collusion that has changed thousands of lives forever-as well as the world's financial system. The only book to tell the story of Madoff's scam and the SEC's failings by those who saw both first hand Describes how Madoff was enabled by investors and fiduciaries alike Discusses how the SEC missed the red flags raised by Markopolos Despite repeated written and verbal warnings to the SEC by Harry Markopolos, Bernie Madoff was allowed to continue his operations. No One Would Listen paints a vivid portrait of Markopolos and his determined team of financial sleuths, and what impact Madoff's scam will have on financial markets and regulation for decades to come.
Download or read book The Last Lecture written by Randy Pausch and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author, a computer science professor diagnosed with terminal cancer, explores his life, the lessons that he has learned, how he has worked to achieve his childhood dreams, and the effect of his diagnosis on him and his family.
Download or read book You re Not Fooling Anyone When You Take Your Laptop to a Coffee Shop written by John Scalzi and published by Subterranean. This book was released on 2007-01-28 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coffee Shop shows the writing life as it is, from the perspective of novelist and writer John Scalzi, who in 15 years as a professional writer has written just about everything: critically acclaimed novels, best-selling humor books, nationally syndicated newspaper columns, magazine cover stories... and ad copy, corporate brochures and Web site headlines, too. His wide range of experience informs this collection of essays on writing and the writing life, taken from his popular personal Web site, The Whatever. Whether providing practical advice, discussing writing and writers or observing the state of the writing world, Scalzi lays it out in a sharp, no-nonsense way that assumes you want the lay of the land, without all the huggy-squeezy hand-holding. Notes on the writing life, unvarnished views of writers and books and (yes) even some practical advice: It's all here.
Download or read book Quality of Earnings written by Thornton L. O'glove and published by Simon and Schuster. This book was released on 1987 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Simon & Schuster, Quality of Earnings is an investor's guide to how much money a company is really making. From Thornton L. O'glove, Quality of Earnings is an indispensable guide to determining how much money a company is really making and for buying and selling stocks without making costly blunders.
Download or read book Dear Life written by Alice Munro and published by Vintage. This book was released on 2012-11-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: WINNER OF THE NOBEL PRIZE© IN LITERATURE 2013 A New York Times Notable Book A Washington Post Notable Work of Fiction A Best Book of the Year: The Atlantic, NPR, San Francisco Chronicle, Vogue, AV Club In story after story in this brilliant new collection, Alice Munro pinpoints the moment a person is forever altered by a chance encounter, an action not taken, or a simple twist of fate. Her characters are flawed and fully human: a soldier returning from war and avoiding his fiancée, a wealthy woman deciding whether to confront a blackmailer, an adulterous mother and her neglected children, a guilt-ridden father, a young teacher jilted by her employer. Illumined by Munro’s unflinching insight, these lives draw us in with their quiet depth and surprise us with unexpected turns. And while most are set in her signature territory around Lake Huron, some strike even closer to home: an astonishing suite of four autobiographical tales offers an unprecedented glimpse into Munro’s own childhood. Exalted by her clarity of vision and her unparalleled gift for storytelling, Dear Life shows how strange, perilous, and extraordinary ordinary life can be.
Download or read book Fooling with Words written by Bill Moyers and published by Harper Collins. This book was released on 2000-12-26 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Celebration of Poets and Their CraftColeman Barks Lorna Dee Cervantes Mark Doty Deborah Garrison Jane Hirshfield Stanley Kunitz Kurtis Lamkin Shirley Geok-Lin Lim Paul Muldoon Marge Piercy Robert Pinsky
Download or read book The Scout Mindset written by Julia Galef and published by Penguin. This book was released on 2021-04-13 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: "...an engaging and enlightening account from which we all can benefit."—The Wall Street Journal A better way to combat knee-jerk biases and make smarter decisions, from Julia Galef, the acclaimed expert on rational decision-making. When it comes to what we believe, humans see what they want to see. In other words, we have what Julia Galef calls a "soldier" mindset. From tribalism and wishful thinking, to rationalizing in our personal lives and everything in between, we are driven to defend the ideas we most want to believe—and shoot down those we don't. But if we want to get things right more often, argues Galef, we should train ourselves to have a "scout" mindset. Unlike the soldier, a scout's goal isn't to defend one side over the other. It's to go out, survey the territory, and come back with as accurate a map as possible. Regardless of what they hope to be the case, above all, the scout wants to know what's actually true. In The Scout Mindset, Galef shows that what makes scouts better at getting things right isn't that they're smarter or more knowledgeable than everyone else. It's a handful of emotional skills, habits, and ways of looking at the world—which anyone can learn. With fascinating examples ranging from how to survive being stranded in the middle of the ocean, to how Jeff Bezos avoids overconfidence, to how superforecasters outperform CIA operatives, to Reddit threads and modern partisan politics, Galef explores why our brains deceive us and what we can do to change the way we think.
