What I Learned Losing a Million Dollars

What I Learned Losing a Million Dollars PDF Author: Jim Paul
Publisher: Columbia University Press
ISBN: 0231164688
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors. This book--winner of a 2014 Axiom Business Book award gold medal--begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it--primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources. Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.

What I Learned Losing a Million Dollars

What I Learned Losing a Million Dollars PDF Author: Jim Paul
Publisher: Columbia University Press
ISBN: 0231164688
Category : Business & Economics
Languages : en
Pages : 192

Get Book Here

Book Description
Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors. This book--winner of a 2014 Axiom Business Book award gold medal--begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it--primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources. Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.

What I Learned Losing a Million Dollars

What I Learned Losing a Million Dollars PDF Author: Jim Paul
Publisher:
ISBN: 9780963579492
Category : Commodity exchanges.
Languages : en
Pages : 190

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Book Description
Presents a serious psychological analysis of a trader Explains the three biggest mistakes made by traders investors, how to avoid them, which pattern all losses take, and why the most important factor in trading successfully is not losing.

Million-Dollar Throw

Million-Dollar Throw PDF Author: Mike Lupica
Publisher: Penguin
ISBN: 0142415588
Category : Juvenile Fiction
Languages : en
Pages : 273

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Book Description
From the #1 New York Times bestselling author of HEAT and TRAVEL TEAM. Everyone calls Nate Brodie "Brady" because he's a New England quarterback, just like his idol, Tom Brady. And now he's got a chance to win a million dollars by throwing one pass through a target at halftime in the Patriots; Thanksgiving night game. More than anything, Nate's family needs the money—his dad's been downsized, his mom's working two jobs, and they're on the verge of losing their house. The worry is more weight than a 13-year-old can bear, and it's affecting his playing for his own football team. Suddenly the boy with the golden arm is having trouble completing a pass . . . but can he make the one that really counts?

Financial Origami

Financial Origami PDF Author: Brendan Moynihan
Publisher: John Wiley & Sons
ISBN: 111803032X
Category : Business & Economics
Languages : en
Pages : 154

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Book Description
An in-depth look at the failure of Wall Street's "proven" financial models Origami is the Japanese art of folding paper into intricate and aesthetically attractive shapes. As such, it is the perfect metaphor for the Wall Street financial engineering model, which ultimately proved to be the underlying cause of the 2008 financial crisis. In Financial Origami, Brendan Moynihan describes how the Wall Street business model evolved from a method to transfer risk into a method for manufacturing risk. Along the way, this timely book skillfully dissects financial engineering and addresses how it's often a mechanism to evade regulatory constraints, provide institutional investors with customized products, and, of course, generate revenue for financial engineers. Reveals how Wall Street's financial engineering business model morphed into something destructive Highlights how the origami model worked well in the comparatively stable years of the early 2000s, when there was less risk to transfer Discusses how Wall Street began manufacturing risk by creating products that multiplied risk exposures and encouraged subprime lending With the collapse of Lehman Brother the Wall Street business model effectively broke. But there are many lessons to be learned from what has transpired, and Financial Origami will show you what they are.

Million Dollar Outlines

Million Dollar Outlines PDF Author: David Farland
Publisher: WordFire +ORM
ISBN: 1614751757
Category : Language Arts & Disciplines
Languages : en
Pages : 228

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Book Description
Discover the secrets to crafting a successful novel in this guide by a master writer & instructor and New York Times–bestselling author. Bestselling author David Farland taught dozens of writers who went on to staggering literary success, including such #1 New York Times Bestsellers as Brandon Mull (Fablehaven), Brandon Sanderson (Wheel of Time), James Dashner (The Maze Runner) and Stephenie Mayer (Twilight). In this book, Dave teaches how to analyze an audience and outline a novel to appeal to a wide readership. The secrets found in his unconventional approach will help you understand why so many of his authors went on to prominence. Hailed as “the wizard of storytelling,” Dave was an award-winning, international best-selling author with more than fifty novels in print, and a tireless mentor and instructor of new writers. His book Million Dollar Outlines is a seminal work teaching authors how to create a blueprint for a novel that can lead to bestseller success.

Trading on Expectations

Trading on Expectations PDF Author: Brendan Moynihan
Publisher: John Wiley & Sons
ISBN: 9780471177821
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
Vor einer erfolgreichen Verkaufsplanung steht die sorgfältige Marktanalyse. Bei dieser nicht unkomplizierten Aufgabe hilft Ihnen die neue Methode, die in diesem Buch erläutert wird: Wichtige psychologische und technische Indikatoren des Marktverhaltens werden verknüpft. Eine unentbehrliche Fundgrube für alle Händler, die strategische Entscheidungen für ihr Geschäft treffen müssen.

The Million Dollar Demise

The Million Dollar Demise PDF Author: RM Johnson
Publisher: Simon and Schuster
ISBN: 1416599924
Category : Fiction
Languages : en
Pages : 322

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Book Description
In the final installment of his immensely popular Million Dollar trilogy, #1 Essence bestselling author RM Johnson delivers a juicy and shocking conclusion that his throngs of fans will never forget. Picking up where The Million Dollar Deception left off, Freddy Ford knocks on Nate Kenny’s door, storms into the house, and shoots both Nate and his ex-wife Monica. But he doesn’t stop there—Freddy manages to escape with little Nathaniel, Nate and Monica’s adopted son. Though Nate is expected to survive the brutal attack, Monica is left in a coma. When Lewis Waters—Freddy’s best friend and Layla’s actual father—visits the hospital to see Monica, Nate bargains with him: if Lewis can get Freddy arrested, Nate will give him back his little girl. Meanwhile, Daphanie Coleman, the woman Nate had planned to marry before he sought revenge on Monica, rushes to Nate’s side. By chance, she meets Lewis while visiting Monica’s bedside, and the two devise a plan to both get what they want.

The Million Dollar Decision

The Million Dollar Decision PDF Author: Robert Rolih
Publisher:
ISBN: 9781946978004
Category :
Languages : en
Pages :

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Book Description
"If you care about your financial future and if you don't want to get ripped off by the financial industry, read this book now." (Daven Michaels, NY Times bestselling author) Are you investing with the help of financial advisers, money managers or bankers? Are you thinking about investing, but you don't know where to start and who to trust in the financial jungle out there? Are you a busy professional who hates financial mumbo-jumbo and doesn't have time for investing? Are you scared to invest because it seems too overwhelming and complex? The BAD news is that most financial advisers, gurus and other financial "experts" are out there to legally steal your invested money. That is why a typical investor loses more than one million dollars in his/her investing career (see pages 172-175). The GOOD news is that you can smile now because finally there is a simple solution. Robert Rolih will share with you the details and secret subtleties that will enable you to fire your financial adviser, take control of your money and investments and outperform the pros - while spending only a few hours per year. By reading The Million Dollar Decision, you'll finally discover how to make sure your invested money works for you and not for the financial industry: The Six Dark Forces of Investing: if you don't learn what these forces are, you will never be able to invest profitably. Get to know them, and Darth Vader will seem like a good guy to you. The Commission Camouflage Effect: learn how the financial industry takes most of your future returns - without you even being aware of it. The most important formula of your financial life: Financial Success Formula. This is an entirely new philosophy on personal finance and investing that will, quite literally, save you financially. If you have adult children, you will want to share it with them right away. Financial safety with the A.R.M.O.R. Formula: even if you are the kindest and most positive person, something unforeseen can happen that turns everything around. Use this simple formula to prevent financial disasters from disrupting your financial security. Selecting the right financial products and minimizing risk: stocks, bonds, mutual funds, index funds, gold, silver. Get a clear answer on how to make the right choices. Investing for retirement or to grow your wealth simply can't get easier! How to beat Richard Branson's speed of creating wealth with one smart move? No hype. Just facts. This will come as a total surprise for you. Short-Term Investing Slaughterhouse: learn the sad truth about short-term trading. If you are thinking about trading stocks, Forex, binary options and other instruments, this chapter will be a life saver. How to make the Million Dollar Decision, get out of the rigged game of investing and add a million to your net worth in just a couple of hours per year? By reading this book you'll have total confidence in yourself when investing and outperform even the experts in just a couple of hours per year. Add this book to cart now and make your Million Dollar Decision! "Being a doctor of medicine I have never enjoyed books about personal finance and investing. That was the first book that I not only read from cover to cover, but used it to change my investing plans. I cannot thank you enough for the information in your book. nDylaan Dowlati, MD, MBA-HCM "I thought I knew just about all there is to know about investing. But I put my emotions aside and listened to Robert's logic and I was stunned! I took immediate action to bring my investments in line with his recommendations. I believe this book really will be a Million Dollar Decision for me!" -Ralph Brogden, bestselling author

How to Turn $100 Into $1,000,000

How to Turn $100 Into $1,000,000 PDF Author: James McKenna
Publisher: Workman Publishing
ISBN: 076118080X
Category : Juvenile Nonfiction
Languages : en
Pages : 145

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Book Description
"Published simultaneously in Canada by Thomas Allen & Son, Limited"--Title page verso.

Million Dollar Blackjack

Million Dollar Blackjack PDF Author: Ken Uston
Publisher:
ISBN: 9781626540156
Category : Games
Languages : en
Pages : 414

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Book Description
Contrary to popular opinion, anyone who enters a casino can win at blackjack. In blackjack, unlike many casino games, your winnings depend on skill rather than chance. Players have left behind billions of dollars at the blackjack table, but it doesn't have to be that way anymore World famous blackjack expert Ken Uston provides seven simple rules to improve your game and presents students with four levels of winning skills. Strategies start with the Simple Plus/Minus for beginners and work up to the Advanced Plus/Minus and the Uston Ace-Five Count. "Million Dollar Blackjack" also explains the Uston Advance Point Count method, used by some of the world's top blackjack professionals. Notoriously hailed the "blackjack bible," "Million Dollar Blackjack" remains one of the most pivotal and comprehensive guides on the game. Breaking down the various rules, strategies, and counting methods, Uston discloses the tactics that made him a multi-million dollar winner. In this book, he covers nearly every aspect of casino blackjack from selecting the right game, to avoiding being barred, to the "illegal" side of blackjack, to cheating dealers and players. "Million Dollar Blackjack" details a myriad of playing techniques fortified by insider information. Ken Uston has carefully evaluated all previous blackjack theories and schools to offer you the most comprehensive guide on the game. Ken Uston (1935-1987) was arguably the world's foremost blackjack player and game strategist. He graduated from Yale with a BA in Economics and received his MBA in Finance from Harvard. After a stint as the Senior Vice President of the Pacific Coast Stock Exchange, Uston traded his three-piece suit for the unpredictable life of the professional gambler. During his blackjack career, he mastered card counting, which led him to be barred from a number of casinos. Uston won a lawsuit against casinos in New Jersey, which protested the banishment of card-counting players, and its ruling still holds today. Uston has authored a number of bestselling books including "Ken Uston on Blackjack" and "Mastering Pac-Man."