Author: Scott Fearon
Publisher: Macmillan + ORM
ISBN: 1466879203
Category : Business & Economics
Languages : en
Pages : 259
Book Description
A hedge fund manager reveals how to spot a business on the verge of collapse—and how to profit from it—in this “surprisingly entertaining” guide (Publishers Weekly). Unlike most investors, who live in fear of failure, Scott Fearon actively seeks it out. He has earned millions of dollars for his hedge fund by shorting the stocks of businesses he believed were on their way to bankruptcy. In Dead Companies Walking, Fearon describes his methods for spotting these doomed businesses, and how they can be extremely profitable investments. In his experience, corporate managers routinely commit six common mistakes that can derail even the most promising companies: they learn from only the recent past; they rely too heavily on a formula for success; they misunderstand their target customers; they fall victim to the magical storytelling of a mania; they fail to adapt to tectonic shifts in their industry; and they are physically or emotionally removed from their companies’ operations. Fearon has interviewed thousands of executives across America, many of whom, unknowingly, were headed toward bankruptcy—from the Texas oil barons of the 80s to the tech wunderkinds of the late 90s to the flush real estate developers of the mid-2000s. Here, he explores recent examples like JC Penney, Herbalife, and Blockbuster Entertainment to help investors better predict the next booms and busts—and come out on top.
Dead Companies Walking
Author: Scott Fearon
Publisher: Macmillan + ORM
ISBN: 1466879203
Category : Business & Economics
Languages : en
Pages : 259
Book Description
A hedge fund manager reveals how to spot a business on the verge of collapse—and how to profit from it—in this “surprisingly entertaining” guide (Publishers Weekly). Unlike most investors, who live in fear of failure, Scott Fearon actively seeks it out. He has earned millions of dollars for his hedge fund by shorting the stocks of businesses he believed were on their way to bankruptcy. In Dead Companies Walking, Fearon describes his methods for spotting these doomed businesses, and how they can be extremely profitable investments. In his experience, corporate managers routinely commit six common mistakes that can derail even the most promising companies: they learn from only the recent past; they rely too heavily on a formula for success; they misunderstand their target customers; they fall victim to the magical storytelling of a mania; they fail to adapt to tectonic shifts in their industry; and they are physically or emotionally removed from their companies’ operations. Fearon has interviewed thousands of executives across America, many of whom, unknowingly, were headed toward bankruptcy—from the Texas oil barons of the 80s to the tech wunderkinds of the late 90s to the flush real estate developers of the mid-2000s. Here, he explores recent examples like JC Penney, Herbalife, and Blockbuster Entertainment to help investors better predict the next booms and busts—and come out on top.
Publisher: Macmillan + ORM
ISBN: 1466879203
Category : Business & Economics
Languages : en
Pages : 259
Book Description
A hedge fund manager reveals how to spot a business on the verge of collapse—and how to profit from it—in this “surprisingly entertaining” guide (Publishers Weekly). Unlike most investors, who live in fear of failure, Scott Fearon actively seeks it out. He has earned millions of dollars for his hedge fund by shorting the stocks of businesses he believed were on their way to bankruptcy. In Dead Companies Walking, Fearon describes his methods for spotting these doomed businesses, and how they can be extremely profitable investments. In his experience, corporate managers routinely commit six common mistakes that can derail even the most promising companies: they learn from only the recent past; they rely too heavily on a formula for success; they misunderstand their target customers; they fall victim to the magical storytelling of a mania; they fail to adapt to tectonic shifts in their industry; and they are physically or emotionally removed from their companies’ operations. Fearon has interviewed thousands of executives across America, many of whom, unknowingly, were headed toward bankruptcy—from the Texas oil barons of the 80s to the tech wunderkinds of the late 90s to the flush real estate developers of the mid-2000s. Here, he explores recent examples like JC Penney, Herbalife, and Blockbuster Entertainment to help investors better predict the next booms and busts—and come out on top.
Dead Companies Walking
Author: Scott Fearon
Publisher: Macmillan
ISBN: 1137279648
Category : Business & Economics
Languages : en
Pages : 254
Book Description
Hedge fund manager Scott Fearon explains why failure in business is not only common, but necessary—and how spotting it early can pay off
Publisher: Macmillan
ISBN: 1137279648
Category : Business & Economics
Languages : en
Pages : 254
Book Description
Hedge fund manager Scott Fearon explains why failure in business is not only common, but necessary—and how spotting it early can pay off
Summary of Scott Fearon & Jesse Powell's Dead Companies Walking
Author: Everest Media,
Publisher: Everest Media LLC
ISBN:
Category : Business & Economics
Languages : en
Pages : 34
Book Description
Please note: This is a companion version & not the original book. Sample Book Insights: #1 I learned the basics of money management from Geoff Raymond, who ran the investment division at Texas Commerce Bank in Houston. He was a very deliberate person, and he believed in human-to-human contact rather than numbers to gauge a company’s future performance. #2 I was very nervous about visiting the offices of Global Marine, a company I was considering buying. I was worried about the company's cyclical nature, and whether or not I could predict the bottom of a downturn. I decided to wait and buy it on the way up at $7 or $10. #3 The oil services industry unraveled in Houston in the early 1980s, and utilization dropped from 70 percent to 25 percent. Global Marine’s stock was trading under $1 by mid-1985. #4 People often learn from history, but only the recent past. They forget that the past is not a reliable predictor of the future. Investors frequently fail to look beyond the recent past, and this has gotten them into trouble.
Publisher: Everest Media LLC
ISBN:
Category : Business & Economics
Languages : en
Pages : 34
Book Description
Please note: This is a companion version & not the original book. Sample Book Insights: #1 I learned the basics of money management from Geoff Raymond, who ran the investment division at Texas Commerce Bank in Houston. He was a very deliberate person, and he believed in human-to-human contact rather than numbers to gauge a company’s future performance. #2 I was very nervous about visiting the offices of Global Marine, a company I was considering buying. I was worried about the company's cyclical nature, and whether or not I could predict the bottom of a downturn. I decided to wait and buy it on the way up at $7 or $10. #3 The oil services industry unraveled in Houston in the early 1980s, and utilization dropped from 70 percent to 25 percent. Global Marine’s stock was trading under $1 by mid-1985. #4 People often learn from history, but only the recent past. They forget that the past is not a reliable predictor of the future. Investors frequently fail to look beyond the recent past, and this has gotten them into trouble.
The Art of Short Selling
Author: Kathryn F. Staley
Publisher: John Wiley & Sons
ISBN: 0471146323
Category : Business & Economics
Languages : en
Pages : 311
Book Description
A one-of-a-kind book that shows you how to cash in on the latestinvesting trend--short selling "The Art of Short Selling is the best description of this difficulttechnique."--John Train, Train, Thomas, Smith Investment Counsel,and author of The New Money Masters "Kathryn Staley has done a masterful job explaining the highlyspecialized art of short selling. Her approach to telling the truestories of famous investment 'scams' will keep the readerspellbound, while teaching the investor many cruciallessons."--David W. Tice, Portfolio Manager, Prudent BearFund "Selling short is still a misunderstood discipline, but even themost raging bull needs to know this valuable technique to masterthe ever-changing markets."--Jim Rogers, author, InvestmentBiker On the investment playing field, there is perhaps no game moreexciting than short selling. With the right moves, it can yieldhigh returns; one misstep, however, can have disastrousconsequences. Despite the risk, a growing number of players areanteing up, sparked in part by success stories such as that ofGeorge Soros and the billions he netted by short selling theBritish pound. In The Art of Short Selling, Kathryn Staley, anexpert in the field, examines the essentials of this importantinvestment vehicle, providing a comprehensive game plan with whichyou can effectively play--and win--the short selling game. Whether used as a means of hedging bets, decreasing the volatilityof total returns, or improving returns, short selling must behandled with care--and with the right know-how. As Staley pointsout, "Short selling is not for the faint of heart. If a stock movesagainst the position holder, the effect on a portfolio and networth can be devastating. Investors need to understand the impacton their accounts as well as the consequences of getting bought inbefore they indulge in short selling." The Art of Short Sellingguides you--clearly and concisely--through the ins and outs of thishigh-risk, high-stakes game. The first--and most important--move in selling short is to identifyflaws in a business before its share prices drop. To help youtackle this key step, Staley shows you how to evaluate companyfinancial statements and balance sheets, make sense of returnratios, detect inconsistencies in inventory, and analyze thestatement of cash flows. Through real-world examples thatillustrate the shorting of bubble, high multiple growth, and themestocks, you'll proceed step by step through the complete processand learn to carry out all the essentials for a successful shortsell, including quantifying the risk factor and orchestratingcorrect timing, as well as implementing advanced valuationtechniques to execute the sell/buy. Packed with landmark, cutting-edge examples, up-to-the-minuteguidelines, and pertinent regulations, The Art of Short Selling isa timely and comprehensive reference that arms you with thenecessary tools to make a prepared and confident entrance onto theshort selling playing field.
Publisher: John Wiley & Sons
ISBN: 0471146323
Category : Business & Economics
Languages : en
Pages : 311
Book Description
A one-of-a-kind book that shows you how to cash in on the latestinvesting trend--short selling "The Art of Short Selling is the best description of this difficulttechnique."--John Train, Train, Thomas, Smith Investment Counsel,and author of The New Money Masters "Kathryn Staley has done a masterful job explaining the highlyspecialized art of short selling. Her approach to telling the truestories of famous investment 'scams' will keep the readerspellbound, while teaching the investor many cruciallessons."--David W. Tice, Portfolio Manager, Prudent BearFund "Selling short is still a misunderstood discipline, but even themost raging bull needs to know this valuable technique to masterthe ever-changing markets."--Jim Rogers, author, InvestmentBiker On the investment playing field, there is perhaps no game moreexciting than short selling. With the right moves, it can yieldhigh returns; one misstep, however, can have disastrousconsequences. Despite the risk, a growing number of players areanteing up, sparked in part by success stories such as that ofGeorge Soros and the billions he netted by short selling theBritish pound. In The Art of Short Selling, Kathryn Staley, anexpert in the field, examines the essentials of this importantinvestment vehicle, providing a comprehensive game plan with whichyou can effectively play--and win--the short selling game. Whether used as a means of hedging bets, decreasing the volatilityof total returns, or improving returns, short selling must behandled with care--and with the right know-how. As Staley pointsout, "Short selling is not for the faint of heart. If a stock movesagainst the position holder, the effect on a portfolio and networth can be devastating. Investors need to understand the impacton their accounts as well as the consequences of getting bought inbefore they indulge in short selling." The Art of Short Sellingguides you--clearly and concisely--through the ins and outs of thishigh-risk, high-stakes game. The first--and most important--move in selling short is to identifyflaws in a business before its share prices drop. To help youtackle this key step, Staley shows you how to evaluate companyfinancial statements and balance sheets, make sense of returnratios, detect inconsistencies in inventory, and analyze thestatement of cash flows. Through real-world examples thatillustrate the shorting of bubble, high multiple growth, and themestocks, you'll proceed step by step through the complete processand learn to carry out all the essentials for a successful shortsell, including quantifying the risk factor and orchestratingcorrect timing, as well as implementing advanced valuationtechniques to execute the sell/buy. Packed with landmark, cutting-edge examples, up-to-the-minuteguidelines, and pertinent regulations, The Art of Short Selling isa timely and comprehensive reference that arms you with thenecessary tools to make a prepared and confident entrance onto theshort selling playing field.
In the Shadows of Wall Street
Author: Paul Strebel
Publisher: Prentice Hall
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 248
Book Description
Publisher: Prentice Hall
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 248
Book Description
Walking the Twilight Path
Author: Michelle Belanger
Publisher: Llewellyn Worldwide
ISBN: 0738713236
Category : Body, Mind & Spirit
Languages : en
Pages : 337
Book Description
Introduces a spiritual path of personal transformation and rebirth. This book draws on the wisdom of shamans, Tibetan Buddhists, and ancient Egyptians, Michelle Belanger and illuminates death as a beautiful gateway to change and regeneration.--Worldcat.
Publisher: Llewellyn Worldwide
ISBN: 0738713236
Category : Body, Mind & Spirit
Languages : en
Pages : 337
Book Description
Introduces a spiritual path of personal transformation and rebirth. This book draws on the wisdom of shamans, Tibetan Buddhists, and ancient Egyptians, Michelle Belanger and illuminates death as a beautiful gateway to change and regeneration.--Worldcat.
Zombie Economics
Author: John Quiggin
Publisher: Princeton University Press
ISBN: 0691154546
Category : Business & Economics
Languages : en
Pages : 288
Book Description
In the graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism—the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe. The crisis seemed to have killed off these ideas, but they still live on in the minds of many—members of the public, commentators, politicians, economists, and even those charged with cleaning up the mess. In Zombie Economics, John Quiggin explains how these dead ideas still walk among us—and why we must find a way to kill them once and for all if we are to avoid an even bigger financial crisis in the future. Zombie Economics takes the reader through the origins, consequences, and implosion of a system of ideas whose time has come and gone. These beliefs—that deregulation had conquered the financial cycle, that markets were always the best judge of value, that policies designed to benefit the rich made everyone better off—brought us to the brink of disaster once before, and their persistent hold on many threatens to do so again. Because these ideas will never die unless there is an alternative, Zombie Economics also looks ahead at what could replace market liberalism, arguing that a simple return to traditional Keynesian economics and the politics of the welfare state will not be enough—either to kill dead ideas, or prevent future crises. In a new chapter, Quiggin brings the book up to date with a discussion of the re-emergence of pre-Keynesian ideas about austerity and balanced budgets as a response to recession.
Publisher: Princeton University Press
ISBN: 0691154546
Category : Business & Economics
Languages : en
Pages : 288
Book Description
In the graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism—the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe. The crisis seemed to have killed off these ideas, but they still live on in the minds of many—members of the public, commentators, politicians, economists, and even those charged with cleaning up the mess. In Zombie Economics, John Quiggin explains how these dead ideas still walk among us—and why we must find a way to kill them once and for all if we are to avoid an even bigger financial crisis in the future. Zombie Economics takes the reader through the origins, consequences, and implosion of a system of ideas whose time has come and gone. These beliefs—that deregulation had conquered the financial cycle, that markets were always the best judge of value, that policies designed to benefit the rich made everyone better off—brought us to the brink of disaster once before, and their persistent hold on many threatens to do so again. Because these ideas will never die unless there is an alternative, Zombie Economics also looks ahead at what could replace market liberalism, arguing that a simple return to traditional Keynesian economics and the politics of the welfare state will not be enough—either to kill dead ideas, or prevent future crises. In a new chapter, Quiggin brings the book up to date with a discussion of the re-emergence of pre-Keynesian ideas about austerity and balanced budgets as a response to recession.
Robert Kirkman's The Walking Dead: Typhoon
Author: Wesley Chu
Publisher: Skybound Books
ISBN: 1982117818
Category : Fiction
Languages : en
Pages : 400
Book Description
In this riveting, “gory, and action-packed” (Jonathan Maberry) survival thriller, set in the expansive world of Robert Kirkman’s The Walking Dead series, three people from different walks of life in China must join forces against the typhoon of undead as chaos sweeps over Asia. In the aftermath of the zombie virus outbreak, what remains of the Chinese government has estimated that one billion walkers (called jiangshi) are currently roaming through the country. Across this dramatic landscape, large groups of survivors have clustered together for safety in villages and towns that have been built vertically as a means of protection against the unceasing wave of jiangshi. Before this devastation, Zhu was one of the millions of poor farmers who left their rural roots for the promise of consistent employment in one of China’s booming factory towns. Elena was an American teaching English in China while on a gap year before beginning law school. Hengyen was a grizzled military officer of some renown, and a passionate believer in his nation’s ability to surmount any obstacle. But with the settlement’s 3,000 mouths to feed and the scavengers having to travel further and further in search of food, Zhu ends up at his home village, where he is shocked to find survivors. Does he force them to join the settlement or keep their existence a secret? Meanwhile, Hengyen is tasked with the impossible: fortifying the Beacon against a 100,000-strong “typhoon” of walkers header their way. Even though he realizes that the Beacon hardly stands a chance, Hengyen is a believer and will stand with his compatriots to the very last, bringing him into conflict with Zhu, who intends to flee the path of the typhoon and make for the safety of China’s dramatic mountain ranges before it’s too late. Given “two decaying thumbs up,” (Jonathan Mayberry, author of Rot & Ruin), this book is sure to get your heart racing and leave you wanting more!
Publisher: Skybound Books
ISBN: 1982117818
Category : Fiction
Languages : en
Pages : 400
Book Description
In this riveting, “gory, and action-packed” (Jonathan Maberry) survival thriller, set in the expansive world of Robert Kirkman’s The Walking Dead series, three people from different walks of life in China must join forces against the typhoon of undead as chaos sweeps over Asia. In the aftermath of the zombie virus outbreak, what remains of the Chinese government has estimated that one billion walkers (called jiangshi) are currently roaming through the country. Across this dramatic landscape, large groups of survivors have clustered together for safety in villages and towns that have been built vertically as a means of protection against the unceasing wave of jiangshi. Before this devastation, Zhu was one of the millions of poor farmers who left their rural roots for the promise of consistent employment in one of China’s booming factory towns. Elena was an American teaching English in China while on a gap year before beginning law school. Hengyen was a grizzled military officer of some renown, and a passionate believer in his nation’s ability to surmount any obstacle. But with the settlement’s 3,000 mouths to feed and the scavengers having to travel further and further in search of food, Zhu ends up at his home village, where he is shocked to find survivors. Does he force them to join the settlement or keep their existence a secret? Meanwhile, Hengyen is tasked with the impossible: fortifying the Beacon against a 100,000-strong “typhoon” of walkers header their way. Even though he realizes that the Beacon hardly stands a chance, Hengyen is a believer and will stand with his compatriots to the very last, bringing him into conflict with Zhu, who intends to flee the path of the typhoon and make for the safety of China’s dramatic mountain ranges before it’s too late. Given “two decaying thumbs up,” (Jonathan Mayberry, author of Rot & Ruin), this book is sure to get your heart racing and leave you wanting more!
The Walking Dead: The Pop-Up Book
Author: S. D. Perry
Publisher: Insight Editions
ISBN: 9781608874446
Category : Performing Arts
Languages : en
Pages : 0
Book Description
Based on AMC’s The Walking Dead, this blood-curdling pop-up book brings the hit TV series to life like never before. Lurking within its pages are more than twenty ingeniously crafted pop-ups that add a horrifying new dimension to the series. Experience the terror of “Bicycle Girl” reaching out with her decaying arms; the ravenous walker hordes crowding the streets of Atlanta; Michonne’s deadly katana skills; and the horror of a walker feeding frenzy. Plus, go inside some of the most memorable locations from the television series and discover the battle-torn West Georgia Correctional Facility, Hershel Greene’s doomed farm, and the gut-wrenching secrets of Terminus. Featuring ten pages packed with exclusive pop-up illustrations and blood-drenched action, AMC’s The Walking Dead: The Pop-Up Book is a uniquely terrifying way to experience the walker apocalypse. The Walking Dead © 2015 AMC Film Holdings LLC. All Rights Reserved.
Publisher: Insight Editions
ISBN: 9781608874446
Category : Performing Arts
Languages : en
Pages : 0
Book Description
Based on AMC’s The Walking Dead, this blood-curdling pop-up book brings the hit TV series to life like never before. Lurking within its pages are more than twenty ingeniously crafted pop-ups that add a horrifying new dimension to the series. Experience the terror of “Bicycle Girl” reaching out with her decaying arms; the ravenous walker hordes crowding the streets of Atlanta; Michonne’s deadly katana skills; and the horror of a walker feeding frenzy. Plus, go inside some of the most memorable locations from the television series and discover the battle-torn West Georgia Correctional Facility, Hershel Greene’s doomed farm, and the gut-wrenching secrets of Terminus. Featuring ten pages packed with exclusive pop-up illustrations and blood-drenched action, AMC’s The Walking Dead: The Pop-Up Book is a uniquely terrifying way to experience the walker apocalypse. The Walking Dead © 2015 AMC Film Holdings LLC. All Rights Reserved.
Dead Bank Walking
Author: Robert H. Smith
Publisher: OakHill Press
ISBN: 9781886939332
Category : Bank mergers
Languages : en
Pages : 0
Book Description
Smith, the former chairman and CEO of Security Pacific, recounts his desperate search for a merger partner that ended with Bank of America.
Publisher: OakHill Press
ISBN: 9781886939332
Category : Bank mergers
Languages : en
Pages : 0
Book Description
Smith, the former chairman and CEO of Security Pacific, recounts his desperate search for a merger partner that ended with Bank of America.