By: Burton Gordon Malkiel
This gimmick-free, irreverent, and vastly informative guide shows how to navigate the turbulence on Wall Street and beat the pros at their own game. Skilled at puncturing financial bubbles and other delusions of the Wall Street crowd, Burton Malkiel shows why a broad portfolio of stocks selected at random will match the performance of one carefully chosen by experts.
Taking a shrewd look at the high-tech boom and its aftermath, Malkiel shows how to maximize gains and minimize losses in this era of electronic brokers, virtual gurus, and flashy investment vehicles. Learn how to analyze the potential returns, not only for stocks and bonds, but for the full range of investment opportunities, from money market accounts and real estate investment trusts to insurance, home owning, and tangible assets like gold and collectibles.
Decode the rating game for mutual funds, and discover the unique advantages of index mutual funds over the wide range of riskier alternatives. Year in and year out the best investing guide money can buy, this enhanced edition includes an update of Professor Malkiel's famous "Life-Cycle Guide to Investing," showing how to match an investment strategy to your stage of life.
High Financier: The Lives and Time of Siegmund Warburg.
By: Niall Ferguson
In this groundbreaking new biography, based on more than 10,000 hitherto unavailable letters and diary entries, Niall Ferguson returns to his roots as a financial historian to tell the story of Siegmund Warburg, an extraordinary man whose philosophy of finance was the antithesis of the debt-fuelled, algorithm-driven banking of our own time.
A refugee from Hitler's Germany, Warburg rose to become a dominant figure in the post-war City of London and one of the architects of European financial integration. Seared by events in the 1930s, when the long-established family-run bank was first almost destroyed by the Depression and then 'Aryanized' by the Nazis, Warburg was determined that his own bank, S.G. Warburg, would both learn from the past and contribute to the healing of post-war Europe.
Siegmund Warburg was a complex and ambivalent man, as much a psychologist, politician and actor-manager as a banker. In High Financier Niall Ferguson reveals Warburg's idiosyncracies: the love-hate relationships, the feline intuitions, the mercurial temper-tantrums. But above all he recaptures the meticulous business methods and strict ethical code that set Warburg apart from the mere speculators and traders who inhabit today's financial world.
