Not My Grandfather's Wall Street: Diaries of a Derivatives Trader


Book Description

“Not all financial careers are the peachy-keen easy ones. This is an important story that reads more like fact than fiction across the huge exponential growth of derivatives trading and the repeated financial crises of the past 35 years. I was fascinated by all the constant twists and turns, and the characters encountered. Well done!” —Silvio Santini, author of Wall Street Journeyman “There is little doubt that fractal rhythms and cycles exist in markets. In the spirit of the recent popular movie The Forecaster, the author touches upon some of these rhythms through his unique market experiences. A thrilling view from the front lines of markets from the 1980 Hunt Silver Crisis through to the medicated, “Politburo” markets of today.” —Dimitri Chalvatsiotis, Macro Portfolio Manager Follow the path of a numbers-oriented young man through a start-stop career on Wall Street that includes involvement with the 1980 Hunt Silver Crisis, the 1987 Stock Market Crash, the 1999 fall from grace of a guru hedge fund manager, the mysterious death of a famous international banker, life working for a short-crazed global value equity manager, and a path into the world of retail-oriented wealth management. Is it all true? No, but it could be—loosely crafted historical fiction based on an actual career that spanned three decades—a period where derivatives trading went from nonexistent to big business.




Sand Talk


Book Description

A paradigm-shifting book in the vein of Sapiens that brings a crucial Indigenous perspective to historical and cultural issues of history, education, money, power, and sustainability—and offers a new template for living. As an indigenous person, Tyson Yunkaporta looks at global systems from a unique perspective, one tied to the natural and spiritual world. In considering how contemporary life diverges from the pattern of creation, he raises important questions. How does this affect us? How can we do things differently? In this thoughtful, culturally rich, mind-expanding book, he provides answers. Yunkaporta’s writing process begins with images. Honoring indigenous traditions, he makes carvings of what he wants to say, channeling his thoughts through symbols and diagrams rather than words. He yarns with people, looking for ways to connect images and stories with place and relationship to create a coherent world view, and he uses sand talk, the Aboriginal custom of drawing images on the ground to convey knowledge. In Sand Talk, he provides a new model for our everyday lives. Rich in ideas and inspiration, it explains how lines and symbols and shapes can help us make sense of the world. It’s about how we learn and how we remember. It’s about talking to everyone and listening carefully. It’s about finding different ways to look at things. Most of all it’s about a very special way of thinking, of learning to see from a native perspective, one that is spiritually and physically tied to the earth around us, and how it can save our world. Sand Talk include 22 black-and-white illustrations that add depth to the text.




One Up On Wall Street


Book Description

THE NATIONAL BESTSELLING BOOK THAT EVERY INVESTOR SHOULD OWN Peter Lynch is America's number-one money manager. His mantra: Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research. Now, in a new introduction written specifically for this edition of One Up on Wall Street, Lynch gives his take on the incredible rise of Internet stocks, as well as a list of twenty winning companies of high-tech '90s. That many of these winners are low-tech supports his thesis that amateur investors can continue to reap exceptional rewards from mundane, easy-to-understand companies they encounter in their daily lives. Investment opportunities abound for the layperson, Lynch says. By simply observing business developments and taking notice of your immediate world -- from the mall to the workplace -- you can discover potentially successful companies before professional analysts do. This jump on the experts is what produces "tenbaggers," the stocks that appreciate tenfold or more and turn an average stock portfolio into a star performer. The former star manager of Fidelity's multibillion-dollar Magellan Fund, Lynch reveals how he achieved his spectacular record. Writing with John Rothchild, Lynch offers easy-to-follow directions for sorting out the long shots from the no shots by reviewing a company's financial statements and by identifying which numbers really count. He explains how to stalk tenbaggers and lays out the guidelines for investing in cyclical, turnaround, and fast-growing companies. Lynch promises that if you ignore the ups and downs of the market and the endless speculation about interest rates, in the long term (anywhere from five to fifteen years) your portfolio will reward you. This advice has proved to be timeless and has made One Up on Wall Street a number-one bestseller. And now this classic is as valuable in the new millennium as ever.




Investors Chronicle


Book Description




The Big Short: Inside the Doomsday Machine


Book Description

The #1 New York Times bestseller: "It is the work of our greatest financial journalist, at the top of his game. And it's essential reading."—Graydon Carter, Vanity Fair The real story of the crash began in bizarre feeder markets where the sun doesn't shine and the SEC doesn't dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can't pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren't talking. Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller Liar's Poker. Out of a handful of unlikely-really unlikely-heroes, Lewis fashions a story as compelling and unusual as any of his earlier bestsellers, proving yet again that he is the finest and funniest chronicler of our time.




Inheriting the Trade


Book Description

In 2001, at forty-seven, Thomas DeWolf was astounded to discover that he was related to the most successful slave-trading family in American history, responsible for transporting at least 10,000 Africans to the Americas. His infamous ancestor, U.S. senator James DeWolf of Bristol, Rhode Island, curried favor with President Thomas Jefferson to continue in the trade after it was outlawed. When James DeWolf died in 1837, he was the second-richest man in America. When Katrina Browne, Thomas DeWolf's cousin, learned about their family's history, she resolved to confront it head-on, producing and directing a documentary feature film, Traces of the Trade: A Story from the Deep North. Inheriting the Trade is Tom DeWolf's powerful and disarmingly honest memoir of the journey in which ten family members retraced the steps of their ancestors and uncovered the hidden history of New England and the other northern states. Their journey through the notorious Triangle Trade-from New England to West Africa to Cuba-proved life-altering, forcing DeWolf to face the horrors of slavery directly for the first time. It also inspired him to contend with the complicated legacy that continues to affect black and white Americans, Africans, and Cubans today. Inheriting the Trade reveals that the North's involvement in slavery was as common as the South's. Not only were black people enslaved in the North for over two hundred years, but the vast majority of all slave trading in America was done by northerners. Remarkably, half of all North American voyages involved in the slave trade originated in Rhode Island, and all the northern states benefited. With searing candor, DeWolf tackles both the internal and external challenges of his journey-writing frankly about feelings of shame, white male privilege, the complicity of churches, America's historic amnesia regarding slavery-and our nation's desperate need for healing. An urgent call for meaningful and honest dialogue, Inheriting the Trade illuminates a path toward a more hopeful future and provides a persuasive argument that the legacy of slavery isn't merely a southern issue but an enduring American one. "Exploring the links between a grand Rhode Island mansion and dungeons in Ghana, Tom DeWolf traces the infernal trade that gave his family, and this country, great wealth and power. His journey into the past forces painful questions to the surface, and illuminates our present." -Henry Wiencek, Winner of the National Book Critics' Circle Award and author of An Imperfect God: George Washington, His Slaves, and the Creation of America "Thomas DeWolf's personal journey into his family's long hidden slave trading past is a compelling invitation to explore how our country and many institutions, including churches, benefited from this dark chapter. Such exploration is essential if we are to move forward to a place of repair and racial reconciliation." -Frank T. Griswold, 25th Presiding Bishop of The Episcopal Church "Tom DeWolf's deeply personal story, of his own journey as well as his family's, is required reading for anyone interested in reconciliation. Healing from our historic wounds, that continue to separate us, requires us to walk this road together." -Myrlie Evers-Williams, civil rights leader, chairman emeritus of the NAACP (1995-98), and author of The Autobiography of Medgar Evers, Watch Me Fly, and For Us the Living "Inheriting the Trade is like a slow-motion mash-up, a first-person view from within one of the country's founding families as it splinters, then puts itself back together again." -Edward Ball, author of Slaves in the Family "Inheriting the Trade is a candid, powerful and insightful book about how one family de




Fooled by Randomness


Book Description

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




Bare Blass


Book Description

Bill Blass is an American legend. From the moment he arrived in New York from his native Indiana, a kid of seventeen with good looks and charm, he was determined to be a success in fashion. Bill Blass was at the intersection of American fashion and society for fifty years. He was the first designer to break out of the back rooms of Seventh Avenue and be welcomed into the drawing rooms of New York; to put his name on a variety of products, including automobiles; and to travel across this country, meeting and dressing women who were taste-makers in their towns. With refreshing, unapologetic candor and with more than eighty rarely seen photographs, Bare Blass reveals the story of an American original.




Clinical Case Studies for the Family Nurse Practitioner


Book Description

Clinical Case Studies for the Family Nurse Practitioner is a key resource for advanced practice nurses and graduate students seeking to test their skills in assessing, diagnosing, and managing cases in family and primary care. Composed of more than 70 cases ranging from common to unique, the book compiles years of experience from experts in the field. It is organized chronologically, presenting cases from neonatal to geriatric care in a standard approach built on the SOAP format. This includes differential diagnosis and a series of critical thinking questions ideal for self-assessment or classroom use.




No Logo


Book Description

"What corporations fear most are consumers who ask questions. Naomi Klein offers us the arguments with which to take on the superbrands." Billy Bragg from the bookjacket.