Market Upside Down

Market Upside Down PDF Author: Vinh Q. Tran
Publisher: FT Press
ISBN: 0137069111
Category : Business & Economics
Languages : en
Pages : 340

Get Book Here

Book Description
The U.S. economic crisis of 2008 isn't over! The next bubble, explosive government debt, is brewing. At the same time, the economy can't generate growth, the treasury is exhausted, the Fed's balance sheet is over-stressed, consumers remain deep in debt, and short-term interest rates are at near-zero. Intelligent investors can't just mourn the death of easy profits: they want and need new strategies for success through history's potentially worst equity market. In Market Upside Down, Dr. Vinh Q. Tran presents those strategies. Tran begins by explaining why the U.S. financial crisis will only get worse. He then provides professional and active investors a comprehensive framework for profiting in an upside down market that could last for decades. Drawing on his market expertise, as well as experience as money manager to institutional and wealthy investors, Tran shows how to build wealth and generate return in times of crisis with a focus on what will matter most in the coming years: liquidity and risk management. Tran helps investors explore global investments and opportunities that won't depend on the troubled U.S. economy or a reinvigorated market soaring, and shows how to profit from the coming age of scarcity. Along the way, he demonstrates how to use fixed income, hedge funds, and non-traditional investments, with minimal equity risks to create a portfolio that is positioned to provide liquidity, profits and importantly to weather future crises.

Market Upside Down

Market Upside Down PDF Author: Vinh Q. Tran
Publisher: FT Press
ISBN: 0137069111
Category : Business & Economics
Languages : en
Pages : 340

Get Book Here

Book Description
The U.S. economic crisis of 2008 isn't over! The next bubble, explosive government debt, is brewing. At the same time, the economy can't generate growth, the treasury is exhausted, the Fed's balance sheet is over-stressed, consumers remain deep in debt, and short-term interest rates are at near-zero. Intelligent investors can't just mourn the death of easy profits: they want and need new strategies for success through history's potentially worst equity market. In Market Upside Down, Dr. Vinh Q. Tran presents those strategies. Tran begins by explaining why the U.S. financial crisis will only get worse. He then provides professional and active investors a comprehensive framework for profiting in an upside down market that could last for decades. Drawing on his market expertise, as well as experience as money manager to institutional and wealthy investors, Tran shows how to build wealth and generate return in times of crisis with a focus on what will matter most in the coming years: liquidity and risk management. Tran helps investors explore global investments and opportunities that won't depend on the troubled U.S. economy or a reinvigorated market soaring, and shows how to profit from the coming age of scarcity. Along the way, he demonstrates how to use fixed income, hedge funds, and non-traditional investments, with minimal equity risks to create a portfolio that is positioned to provide liquidity, profits and importantly to weather future crises.

How to Make Money in Stocks: A Winning System in Good Times or Bad

How to Make Money in Stocks: A Winning System in Good Times or Bad PDF Author: William J. O'Neil
Publisher: McGraw Hill Professional
ISBN: 007139480X
Category : Business & Economics
Languages : en
Pages : 282

Get Book Here

Book Description
William J. O'Neil's proven investment advice has earned him millions of loyal followers. And his signature bestseller, How to Make Money in Stocks, contains all the guidance readers need on the entire investment processfrom picking a broker to diversifying a portfolio to making a million in mutual funds. For self-directed investors of all ages and expertise, William J. O'Neil's proven CAN SLIM investment strategy is helping those who follow O'Neil to select winning stocks and create a more powerful portfolio. Based on a 40-year study of the most successful stocks of all time, CAN SLIM is an easy-to-use tool for picking the winners and reducing risk in today's volatile economic environment.

Makers and Takers

Makers and Takers PDF Author: Rana Foroohar
Publisher: Crown Currency
ISBN: 0553447254
Category : Business & Economics
Languages : en
Pages : 402

Get Book Here

Book Description
Is Wall Street bad for Main Street America? "A well-told exploration of why our current economy is leaving too many behind." —The New York Times In looking at the forces that shaped the 2016 presidential election, one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum. A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the “financialization of America”—the phenomenon by which finance and its way of thinking have come to dominate every corner of business—is threatening the American Dream. Now updated with new material explaining how our corrupted financial sys­tem propelled Donald Trump to power, Makers and Takers explores the confluence of forces that has led American businesses to favor balance-sheet engineering over the actual kind, greed over growth, and short-term profits over putting people to work. From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the sys­tem, and why it matters urgently to us all. Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, Foroohar shows how we can reverse these trends for a better path forward.

The Little Book of Sideways Markets

The Little Book of Sideways Markets PDF Author: Vitaliy N. Katsenelson
Publisher: John Wiley & Sons
ISBN: 0470932937
Category : Business & Economics
Languages : en
Pages : 265

Get Book Here

Book Description
"It's hard to talk clearly about investing and make sense to ordinary readers at the same time. Katsenelson gives a lucid explanation of today's markets with sound advice about how to make money while avoiding the traps that the market sets for exuberant bulls and frightened bears alike." — Thomas G. Donlan, Barron's "A thoroughly enjoyable read. Provides a clear framework for equity investing in today's ‘sideways' and volatile markets useful to everyone. Clear thinking and clear writing are not often paired - well done!" — Dick Weil, CEO, Janus Capital Group "The bible for how to invest in the most tumultuous financial market environment since the Great Depression. A true guidebook for how to build wealth prudently." — David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates Inc. "A wonderful, grounded read for new and seasoned investors alike, Katsenelson explains in plain English why volatility and sideways markets are a stock picker's best friend." — The Motley Fool, www.Fool.com Praise for Active Value Investing "This book reads like a conversation with Vitaliy: deep, insightful, inquisitive, and civilized." — Nassim Nicholas Taleb, author of The Black Swan "Thoroughly enjoyable . . for the thoughtful and often entertaining way in which it is delivered. . . Katsenelson takes his reader step by step into the mind of the value investor by relating, in a fictional addendum to Fiddler on the Roof, the story of Tevye's purchase of Golde, the cow. He also describes his own big-time gambling evening (he was willing to lose a maximum of $40) and that of a half-drunken, rowdy fellow blackjack player to stress the importance of process. He then moves on to the fundamental principles of active value investing. What differentiates this book from so many others on value investing is that it describes, sometimes through the use of case studies, the thinking of a value investor. Not just his models or his metrics but his assessments. Katsenelson is an empiricist who weighs facts, looks for contraindications, and makes decisions. He makes value investing come alive. This may be a little book, but it's packed with insights for both novices and experienced investors. And it is a delight to read." —Seeking Alpha

Upside Down

Upside Down PDF Author: John Ramsey Miller
Publisher: Dell
ISBN: 0553583409
Category : Fiction
Languages : en
Pages : 370

Get Book Here

Book Description
Former U.S. Marshal Winter Massey matches wits with a ruthless assassin with a dark and secret agenda to save the life life of twelve-year-old Faith Ann Porter, the sole eyewitness to the murder of her attorney mother, who has in her possession negatives of the same photographs that cost her mother her life. Original.

How to Make Money in Stocks

How to Make Money in Stocks PDF Author: William J. O'Neil
Publisher: Wiley
ISBN: 9780471680536
Category : Business & Economics
Languages : en
Pages : 216

Get Book Here

Book Description
Completely updated and revised with new quotes and charts for the new year, How to Make Money in Stocks Desk Diary 2005 is an indispensable day-at-a-glance resource for the serious investor. Filled with in-depth market insights, How to Make Money in Stocks Desk Diary 2005 helps reinforce, reinvigorate, and review the concepts and principles of the CAN SLIM(TM) system of investing developed by William J. O'Neil and used by millions of investors. Used in conjunction with the bestselling How to Make Money in Stocks, this desk diary will keep you focused on learning and implementing sound investment techniques that will grow your portfolio in any market. Get a jump on the new year of investment opportunities with How to Make Money in Stocks Desk Diary and master 2005.

China Upside Down

China Upside Down PDF Author: Man-houng Lin
Publisher: BRILL
ISBN: 1684174384
Category : History
Languages : en
Pages : 394

Get Book Here

Book Description
Many scholars have noted the role of China’s demand for silver in the emergence of the modern world. This book discusses the interaction of this demand and the early-nineteenth-century Latin American independence movements, changes in the world economy, the resulting disruptions in the Qing dynasty, and the transformation from the High Qing to modern China. Man-houng Lin shows how the disruption in the world’s silver supply caused by the turmoil in Latin America and subsequent changes in global markets led to the massive outflow of silver from China and the crisis of the Qing empire. During the first stage of this dynastic crisis, traditional ideas favoring plural centers of power became more popular than they ever had been. As the crisis developed, however, statist ideas came to the fore. Even though the Qing survived with the resumption of the influx of Latin American silver, its status relative to Japan in the East Asian order slipped. The statist inclination, although moderated to a degree in the modern period, is still ascendant in China today. These changes—Qing China’s near-collapse, the beginning of its eclipse by Japan in the East Asian order, and shifting notions of the proper relationship between state and market and between state and society—led to “China upside down.”

Managing Downside Risk in Financial Markets

Managing Downside Risk in Financial Markets PDF Author: Frank A. Sortino
Publisher: Butterworth-Heinemann
ISBN: 9780750648639
Category : Business & Economics
Languages : en
Pages : 302

Get Book Here

Book Description
Quantitative methods have revolutionized the area of trading, regulation, risk management, portfolio construction, asset pricing and treasury activities, and governmental activity such as central banking to name but some of the applications. Downside-risk, as a quantitative method, is an accurate measurement of investment risk, because it captures the risk of not accomplishing the investor's goal. 'Downside Risk in Financial Markets' demonstrates how downside-risk can produce better results in performance measurement and asset allocation than variance modelling. Theory, as well as the practical issues involved in its implementation, is covered and the arguments put forward emphatically show the superiority of downside risk models to variance models in terms of risk measurement and decision making. Variance considers all uncertainty to be risky. Downside-risk only considers returns below that needed to accomplish the investor's goal, to be risky. Risk is one of the biggest issues facing the financial markets today. 'Downside Risk in Financial Markets' outlines the major issues for Investment Managers and focuses on "downside-risk" as a key activity in managing risk in investment/portfolio management. Managing risk is now THE paramount topic within the financial sector and recurring losses through the 1990s has shocked financial institutions into placing much greater emphasis on risk management and control. Free Software Enclosed To help you implement the knowledge you will gain from reading this book, a CD is enclosed that contains free software programs that were previously only available to institutional investors under special licensing agreement to The pension Research Institute. This is our contribution to the advancement of professionalism in portfolio management. The Forsey-Sortino model is an executable program that: 1. Runs on any PC without the need of any additional software. 2. Uses the bootstrap procedure developed by Dr. Bradley Effron at Stanford University to uncover what could have happened, instead of relying only on what did happen in the past. This is the best procedure we know of for describing the nature of uncertainty in financial markets. 3. Fits a three parameter lognormal distribution to the bootstrapped data to allow downside risk to be calculated from a continuous distribution. This improves the efficacy of the downside risk estimates. 4. Calculates upside potential and downside risk from monthly returns on any portfolio manager. 5. Calculates upside potential and downside risk from any user defined distribution. Forsey-Sortino Source Code: 1. The source code, written in Visual Basic 5.0, is provided for institutional investors who want to add these calculations to their existing financial services. 2. No royalties are required for this source code, providing institutions inform clients of the source of these calculations. A growing number of services are now calculating downside risk in a manner that we are not comfortable with. Therefore, we want investors to know when downside risk and upside potential are calculated in accordance with the methodology described in this book. Riddles Spreadsheet: 1. Neil Riddles, former Senior Vice President and Director of Performance Analysis at Templeton Global Advisors, now COO at Hansberger Global Advisors Inc., offers a free spreadsheet in excel format. 2. The spreadsheet calculates downside risk and upside potential relative to the returns on an index Brings together a range of relevant material, not currently available in a single volume source. Provides practical information on how financial organisations can use downside risk techniques and technological developments to effectively manage risk in their portfolio management. Provides a rigorous theoretical underpinning for the use of downside risk techniques. This is important for the long-run acceptance of the methodology, since such arguments justify consultant's recommendations to pension funds and other plan sponsors.

Discover the Upside of Down

Discover the Upside of Down PDF Author: Ron Coby
Publisher: John Wiley & Sons
ISBN: 0470442972
Category : Business & Economics
Languages : en
Pages : 272

Get Book Here

Book Description
Discover the Upside of Down enlightens readers and give them investment strategies for both protection and profits. Chapters include information on the hot button economic topics of today and for the foreseeable future: oil, gold, real estate, stocks, the dollar, the U.S. and global economies and the future outlook from a longterm viewpoint for each. A timely book with a timely message, this book targets the investor concerned about maintaining their investments during volatile times.

The Art Of Speculation

The Art Of Speculation PDF Author: Philip L. Carret
Publisher: Pickle Partners Publishing
ISBN: 1786256746
Category : Business & Economics
Languages : en
Pages : 401

Get Book Here

Book Description
Philip L. Carret (1896-1998) was a famed investor and founder of The Pioneer Fund (Fidelity Mutual Trust), one of the first Mutual Funds in the United States. A former Barron’s reporter and WWI aviator, Carret launched the Mutual Trust in 1928 after managing money for his friends and family. The initial effort evolved into Pioneer Investments. He ran the fund for 55 years, during which an investment of $10,000 became $8 million. Warren Buffett said of him that he had “the best long term investment record of anyone I know” He is most famous for the long successful track record he achieved investing in Common Stocks and for being one of Warren Buffett’s role models. This book comprises a series of articles written for Barron’s and published in book form in 1930.—Print Ed.