Author: Joe Burns
Publisher: Haymarket Books
ISBN: 1642596817
Category : Political Science
Languages : en
Pages : 199
Book Description
For those who want to build a fighting labor movement, there are many questions to answer. How to relate to the union establishment which often does not want to fight? Whether to work in the rank and file of unions or staff jobs? How much to prioritize broader class demands versus shop floor struggle? How to relate to foundation-funded worker centers and alternative union efforts? And most critically, how can we revive militancy and union power in the face of corporate power and a legal system set up against us? Class struggle unionism is the belief that our union struggle exists within a larger struggle between an exploiting billionaire class and the working class which actually produces the goods and services in society. Class struggle unionism looks at the employment transaction as inherently exploitative. While workers create all wealth in society, the outcome of the wage employment transaction is to separate workers from that wealth and create the billionaire class. From that simple proposition flows a powerful and radical form of unionism. Historically, class struggle unionists placed their workplace fights squarely within this larger fight between workers and the owning class. Viewing unionism in this way produces a particular type of unionism which both fights for broader class issues but is also rooted in workplace-based militancy. Drawing on years of labor activism and study of labor tradition Joe Burns outlines the key set of ideas common to class struggle unionism and shows how these ideas can create a more militant, democtractic and fighting labor movement.
Class Struggle Unionism
Author: Joe Burns
Publisher: Haymarket Books
ISBN: 1642596817
Category : Political Science
Languages : en
Pages : 199
Book Description
For those who want to build a fighting labor movement, there are many questions to answer. How to relate to the union establishment which often does not want to fight? Whether to work in the rank and file of unions or staff jobs? How much to prioritize broader class demands versus shop floor struggle? How to relate to foundation-funded worker centers and alternative union efforts? And most critically, how can we revive militancy and union power in the face of corporate power and a legal system set up against us? Class struggle unionism is the belief that our union struggle exists within a larger struggle between an exploiting billionaire class and the working class which actually produces the goods and services in society. Class struggle unionism looks at the employment transaction as inherently exploitative. While workers create all wealth in society, the outcome of the wage employment transaction is to separate workers from that wealth and create the billionaire class. From that simple proposition flows a powerful and radical form of unionism. Historically, class struggle unionists placed their workplace fights squarely within this larger fight between workers and the owning class. Viewing unionism in this way produces a particular type of unionism which both fights for broader class issues but is also rooted in workplace-based militancy. Drawing on years of labor activism and study of labor tradition Joe Burns outlines the key set of ideas common to class struggle unionism and shows how these ideas can create a more militant, democtractic and fighting labor movement.
Publisher: Haymarket Books
ISBN: 1642596817
Category : Political Science
Languages : en
Pages : 199
Book Description
For those who want to build a fighting labor movement, there are many questions to answer. How to relate to the union establishment which often does not want to fight? Whether to work in the rank and file of unions or staff jobs? How much to prioritize broader class demands versus shop floor struggle? How to relate to foundation-funded worker centers and alternative union efforts? And most critically, how can we revive militancy and union power in the face of corporate power and a legal system set up against us? Class struggle unionism is the belief that our union struggle exists within a larger struggle between an exploiting billionaire class and the working class which actually produces the goods and services in society. Class struggle unionism looks at the employment transaction as inherently exploitative. While workers create all wealth in society, the outcome of the wage employment transaction is to separate workers from that wealth and create the billionaire class. From that simple proposition flows a powerful and radical form of unionism. Historically, class struggle unionists placed their workplace fights squarely within this larger fight between workers and the owning class. Viewing unionism in this way produces a particular type of unionism which both fights for broader class issues but is also rooted in workplace-based militancy. Drawing on years of labor activism and study of labor tradition Joe Burns outlines the key set of ideas common to class struggle unionism and shows how these ideas can create a more militant, democtractic and fighting labor movement.
The Billionaire's Challenge
Author: Elizabeth Lennox
Publisher: Elizabeth Lennox Books, LLC
ISBN: 1944078886
Category : Fiction
Languages : en
Pages : 127
Book Description
Will her past haunt her forever? Selena can’t believe her luck. A new job in Colorado is just the beginning. But while she can figure out her new responsibilities, she can’t understand Reid Jones’ interest. He was big and tall and powerful and…so not her usual type! And yet, he fascinates her in ways she wanted to explore. Determined to understand the bewitching Selena, Reid Jones is captivated by the woman who leads with her heart, captivates his mind and can light up a room with her smile. She’s smart and sassy but…something is holding her back. Something from her past. And whatever that something is, Reid suspects it is going to explode and tear them apart.
Publisher: Elizabeth Lennox Books, LLC
ISBN: 1944078886
Category : Fiction
Languages : en
Pages : 127
Book Description
Will her past haunt her forever? Selena can’t believe her luck. A new job in Colorado is just the beginning. But while she can figure out her new responsibilities, she can’t understand Reid Jones’ interest. He was big and tall and powerful and…so not her usual type! And yet, he fascinates her in ways she wanted to explore. Determined to understand the bewitching Selena, Reid Jones is captivated by the woman who leads with her heart, captivates his mind and can light up a room with her smile. She’s smart and sassy but…something is holding her back. Something from her past. And whatever that something is, Reid suspects it is going to explode and tear them apart.
The Billionaires Club
Author: Leslie North
Publisher: Relay Publishing
ISBN:
Category : Fiction
Languages : en
Pages : 530
Book Description
Billionaire friends find love and laughter with three quirky and charming women in Leslie North’s latest sexy trilogy. Life can be tough as a billionaire. Just ask friends Grayson, Daniel, and Blake. All that money doesn’t keep them warm at night, make them laugh, or love them back. But that’s fine with them—until it isn’t. Grayson’s focused like a laser on his business, but life changes quickly when one night of passion with a beautiful boutique owner leaves him with an unexpected little bundle of joy. Daniel’s closest relationship is with his exotic fish, until he convinces a woman he only knows from a series of flirty notes to be his fake girlfriend and they share one incredible kiss. And after his buddies bet him he can’t go on more than five dates with a woman, Blake wonders if giving up his freedom might be the best thing he’s ever done as he gets to know single mother, Michelle. Billionaire boyfriends can be so difficult. Mila, Jackie, and Michelle couldn’t care less about all that money, or even having a man in their lives. But when circumstances work to bring them together, having a sexy billionaire nearby turns about to be a good thing. A really good thing. Three gorgeous billionaires, fake relationships, unexpected babies, and an instant family make this trilogy a not-to-miss read-a-thon from USA Today Bestselling author Leslie North.
Publisher: Relay Publishing
ISBN:
Category : Fiction
Languages : en
Pages : 530
Book Description
Billionaire friends find love and laughter with three quirky and charming women in Leslie North’s latest sexy trilogy. Life can be tough as a billionaire. Just ask friends Grayson, Daniel, and Blake. All that money doesn’t keep them warm at night, make them laugh, or love them back. But that’s fine with them—until it isn’t. Grayson’s focused like a laser on his business, but life changes quickly when one night of passion with a beautiful boutique owner leaves him with an unexpected little bundle of joy. Daniel’s closest relationship is with his exotic fish, until he convinces a woman he only knows from a series of flirty notes to be his fake girlfriend and they share one incredible kiss. And after his buddies bet him he can’t go on more than five dates with a woman, Blake wonders if giving up his freedom might be the best thing he’s ever done as he gets to know single mother, Michelle. Billionaire boyfriends can be so difficult. Mila, Jackie, and Michelle couldn’t care less about all that money, or even having a man in their lives. But when circumstances work to bring them together, having a sexy billionaire nearby turns about to be a good thing. A really good thing. Three gorgeous billionaires, fake relationships, unexpected babies, and an instant family make this trilogy a not-to-miss read-a-thon from USA Today Bestselling author Leslie North.
Unleash The Billionaire Within
Author: Esmonde Holowaty
Publisher: AuthorHouse
ISBN: 1456735985
Category : Business & Economics
Languages : en
Pages : 618
Book Description
It is with great pleasure and enthusiasm that I present to you "Unleash The Billionaire Within". UTBW is the nuclear modern day "Think and Grow Rich" for our times and times to come. UTBW was created by modeling the results of studying men and women who have studied the wealthiest and most successful people in the world, people such as Napolean Hill, Andrew Carnegie, Anthony Robbins, Warren Buffet, and Bill Gates to mention a few. UTBW teaches it's reader to think into the unimaginable and to realize that they already possess the power within themselves to turn this knowledge into abundant power for acquiring anything they so desire. Each and every one of us is standing right over our own abundant avalanche of successes ready to be reaped. We all have dreams, desires, and passions that need not go unfullfilled in our lifetime. The book also helps the reader to see how he or she may obtain success without violating the rights of god or other people by aligning his or her values and beleifs intelligently. UTBW also teaches how adversities may be overcome in the pursuit of any goal. An Napolean Hill said, "Don't be afraid of a little opposition, Remember that the "kite" of success generally rises against the wind of adversity - not with it". Like a martial arts expert if one masters the skill of repetition of a successful skill he or she will reach their sought after treasure no matter how large or small. The book also helps the reader to answer questions such as, If I daily have a billion dollar vision as a definite goal and take massive action towards obtaining my billion dollar vision will I become a billionaire ? Enjoy the adventerous read of your life as you discover it's not just how having a billion dollar vision, it's who you become in the process of that billion dollar vision that creates true fullfillment and happiness in life. So please give yourself permission to start your journey into the future of tommorrow now, by purchasing your copy of "Unleash The Billionaire Within" now. God Bless
Publisher: AuthorHouse
ISBN: 1456735985
Category : Business & Economics
Languages : en
Pages : 618
Book Description
It is with great pleasure and enthusiasm that I present to you "Unleash The Billionaire Within". UTBW is the nuclear modern day "Think and Grow Rich" for our times and times to come. UTBW was created by modeling the results of studying men and women who have studied the wealthiest and most successful people in the world, people such as Napolean Hill, Andrew Carnegie, Anthony Robbins, Warren Buffet, and Bill Gates to mention a few. UTBW teaches it's reader to think into the unimaginable and to realize that they already possess the power within themselves to turn this knowledge into abundant power for acquiring anything they so desire. Each and every one of us is standing right over our own abundant avalanche of successes ready to be reaped. We all have dreams, desires, and passions that need not go unfullfilled in our lifetime. The book also helps the reader to see how he or she may obtain success without violating the rights of god or other people by aligning his or her values and beleifs intelligently. UTBW also teaches how adversities may be overcome in the pursuit of any goal. An Napolean Hill said, "Don't be afraid of a little opposition, Remember that the "kite" of success generally rises against the wind of adversity - not with it". Like a martial arts expert if one masters the skill of repetition of a successful skill he or she will reach their sought after treasure no matter how large or small. The book also helps the reader to answer questions such as, If I daily have a billion dollar vision as a definite goal and take massive action towards obtaining my billion dollar vision will I become a billionaire ? Enjoy the adventerous read of your life as you discover it's not just how having a billion dollar vision, it's who you become in the process of that billion dollar vision that creates true fullfillment and happiness in life. So please give yourself permission to start your journey into the future of tommorrow now, by purchasing your copy of "Unleash The Billionaire Within" now. God Bless
Millionaires for the Month
Author: Stacy McAnulty
Publisher: Random House Books for Young Readers
ISBN: 0593175271
Category : Juvenile Fiction
Languages : en
Pages : 338
Book Description
How would you spend five million dollars in 30 days? A billionaire's wallet, a bizarre challenge, and an unlikely friendship send two kids on a wild adventure. From the author of The Miscalculations of Lightning Girl. Felix Rannells and Benji Porter were never supposed to be field-trip partners. Felix is a rule follower. Benji is a rule bender. They're not friends. And they don't have anything to talk about. Until . . . They find a wallet. A wallet that belongs to tech billionaire Laura Friendly. They're totally going to return it-but not before Benji "borrows" twenty dollars to buy hot dogs. Because twenty dollars is like a penny to a billionaire, right? But a penny has value. A penny doubled every day for thirty days is $5,368,709.12! So that's exactly how much money Laura Friendly challenges Felix and Benji to spend. They have thirty days. They can't tell anyone. And there are LOTS of other rules. But if they succeed, they each get ten million dollars to spend however they want. Challenge accepted! They rent cool cars, go to Disney World, buy pizza for the whole school-and that's just the beginning! But money can't buy everything or fix every problem. And spending it isn't always as easy and fun as they thought it would be. . . . As smart as it is entertaining, Millionaires for the Month is a thought-provoking story about friendship, privilege, and the value of a penny.
Publisher: Random House Books for Young Readers
ISBN: 0593175271
Category : Juvenile Fiction
Languages : en
Pages : 338
Book Description
How would you spend five million dollars in 30 days? A billionaire's wallet, a bizarre challenge, and an unlikely friendship send two kids on a wild adventure. From the author of The Miscalculations of Lightning Girl. Felix Rannells and Benji Porter were never supposed to be field-trip partners. Felix is a rule follower. Benji is a rule bender. They're not friends. And they don't have anything to talk about. Until . . . They find a wallet. A wallet that belongs to tech billionaire Laura Friendly. They're totally going to return it-but not before Benji "borrows" twenty dollars to buy hot dogs. Because twenty dollars is like a penny to a billionaire, right? But a penny has value. A penny doubled every day for thirty days is $5,368,709.12! So that's exactly how much money Laura Friendly challenges Felix and Benji to spend. They have thirty days. They can't tell anyone. And there are LOTS of other rules. But if they succeed, they each get ten million dollars to spend however they want. Challenge accepted! They rent cool cars, go to Disney World, buy pizza for the whole school-and that's just the beginning! But money can't buy everything or fix every problem. And spending it isn't always as easy and fun as they thought it would be. . . . As smart as it is entertaining, Millionaires for the Month is a thought-provoking story about friendship, privilege, and the value of a penny.
The Wealth Hoarders
Author: Chuck Collins
Publisher: John Wiley & Sons
ISBN: 1509543503
Category : Political Science
Languages : en
Pages : 240
Book Description
For decades, a secret army of tax attorneys, accountants and wealth managers has been developing into the shadowy Wealth Defence Industry. These ‘agents of inequality’ are paid millions to hide trillions for the richest 0.01%. In this book, inequality expert Chuck Collins, who himself inherited a fortune, interviews the leading players and gives a unique insider account of how this industry is doing everything it can to create and entrench hereditary dynasties of wealth and power. He exposes the inner workings of these “agents of inequality”, showing how they deploy anonymous shell companies, family offices, offshore accounts, opaque trusts, and sham transactions to ensure the world’s richest pay next to no tax. He ends by outlining a robust set of policies that democratic nations can implement to shut down the Wealth Defence Industry for good. This shocking exposé of the insidious machinery of inequality is essential reading for anyone wanting the inside story of our age of plutocratic plunder and stashed cash.
Publisher: John Wiley & Sons
ISBN: 1509543503
Category : Political Science
Languages : en
Pages : 240
Book Description
For decades, a secret army of tax attorneys, accountants and wealth managers has been developing into the shadowy Wealth Defence Industry. These ‘agents of inequality’ are paid millions to hide trillions for the richest 0.01%. In this book, inequality expert Chuck Collins, who himself inherited a fortune, interviews the leading players and gives a unique insider account of how this industry is doing everything it can to create and entrench hereditary dynasties of wealth and power. He exposes the inner workings of these “agents of inequality”, showing how they deploy anonymous shell companies, family offices, offshore accounts, opaque trusts, and sham transactions to ensure the world’s richest pay next to no tax. He ends by outlining a robust set of policies that democratic nations can implement to shut down the Wealth Defence Industry for good. This shocking exposé of the insidious machinery of inequality is essential reading for anyone wanting the inside story of our age of plutocratic plunder and stashed cash.
Step Challenge
Author: Brynn Paulin
Publisher: Supernova Indie Publishing Services LLC
ISBN: 1623443911
Category : Fiction
Languages : en
Pages : 225
Book Description
I pursue. She runs. I’ve wanted Petra since the first time I saw her. And she’s hated me since about that same moment. Or maybe it was from the moment I gave her that wicked smile and called her Pet. Maybe a mistake, but I knew she’d be mine. Four years later and she’s still giving me the cold shoulder. That doesn’t stop me. Not really. My pursuit’s just gotten a little more subtle. But time’s running out. Soon we’ll be off to our futures and I don’t want to head in different directions. Imagine my surprise when my dad elopes and comes home with my new mom and stepsister. My Pet’s in the bedroom next to mine and it just got a lot harder for her to avoid me. And a lot icier as that cold shoulder gets even colder. If that’s how she wants to be... CHALLENGE ACCEPTED.
Publisher: Supernova Indie Publishing Services LLC
ISBN: 1623443911
Category : Fiction
Languages : en
Pages : 225
Book Description
I pursue. She runs. I’ve wanted Petra since the first time I saw her. And she’s hated me since about that same moment. Or maybe it was from the moment I gave her that wicked smile and called her Pet. Maybe a mistake, but I knew she’d be mine. Four years later and she’s still giving me the cold shoulder. That doesn’t stop me. Not really. My pursuit’s just gotten a little more subtle. But time’s running out. Soon we’ll be off to our futures and I don’t want to head in different directions. Imagine my surprise when my dad elopes and comes home with my new mom and stepsister. My Pet’s in the bedroom next to mine and it just got a lot harder for her to avoid me. And a lot icier as that cold shoulder gets even colder. If that’s how she wants to be... CHALLENGE ACCEPTED.
The Missing Billionaires
Author: Victor Haghani
Publisher: John Wiley & Sons
ISBN: 1119747929
Category : Business & Economics
Languages : en
Pages : 423
Book Description
An Economist Best Book of the Year "Making Money and Keeping It" – The Wall Street Journal Over the past century, if the wealthiest families had spent a reasonable fraction of their wealth, paid taxes, invested in the stock market, and passed their wealth down to the next generation, there would be tens of thousands of billionaire heirs to generations-old fortunes today. The puzzle of The Missing Billionaires is why you cannot find one such billionaire on any current rich list. There are a number of explanations, but this book is focused on one mistake which is of profound importance to all investors: poor risk decisions, both in investing and spending. Many of these families didn’t choose bad investments– they sized them incorrectly– and allowed their spending decisions to amplify this mistake. The Missing Billionaires book offers a simple yet powerful framework for making important lifetime financial decisions in a systematic and rational way. It's for readers with a baseline level of financial literacy, but doesn’t require a PhD. It fills the gap between personal finance books and the academic literature, bringing the valuable insights of academic finance to non-specialists. Part One builds the theory of optimal investment sizing from first principles, starting with betting on biased coins. Part Two covers lifetime financial decision-making, with emphasis on the integration of investment, saving and spending decisions. Part Three covers practical implementation details, including how to calibrate your personal level of risk-aversion, and how to estimate the expected return and risk on a broad spectrum of investments. The book is packed with case studies and anecdotes, including one about Victor’s investment with LTCM as a partner, and a bonus chapter on Liar’s Poker. The authors draw extensively on their own experiences as principals of Elm Wealth, a multi-billion-dollar wealth management practice, and prior to that on their years as arbitrage traders– Victor at Salomon Brothers and LTCM, and James at Nationsbank/CRT and Citadel. Whether you are young and building wealth, an entrepreneur invested heavily in your own business, or at a stage where your primary focus is investing and spending, The Missing Billionaires: A Guide to Better Financial Decisions is your must-have resource for thoughtful financial decision-making.
Publisher: John Wiley & Sons
ISBN: 1119747929
Category : Business & Economics
Languages : en
Pages : 423
Book Description
An Economist Best Book of the Year "Making Money and Keeping It" – The Wall Street Journal Over the past century, if the wealthiest families had spent a reasonable fraction of their wealth, paid taxes, invested in the stock market, and passed their wealth down to the next generation, there would be tens of thousands of billionaire heirs to generations-old fortunes today. The puzzle of The Missing Billionaires is why you cannot find one such billionaire on any current rich list. There are a number of explanations, but this book is focused on one mistake which is of profound importance to all investors: poor risk decisions, both in investing and spending. Many of these families didn’t choose bad investments– they sized them incorrectly– and allowed their spending decisions to amplify this mistake. The Missing Billionaires book offers a simple yet powerful framework for making important lifetime financial decisions in a systematic and rational way. It's for readers with a baseline level of financial literacy, but doesn’t require a PhD. It fills the gap between personal finance books and the academic literature, bringing the valuable insights of academic finance to non-specialists. Part One builds the theory of optimal investment sizing from first principles, starting with betting on biased coins. Part Two covers lifetime financial decision-making, with emphasis on the integration of investment, saving and spending decisions. Part Three covers practical implementation details, including how to calibrate your personal level of risk-aversion, and how to estimate the expected return and risk on a broad spectrum of investments. The book is packed with case studies and anecdotes, including one about Victor’s investment with LTCM as a partner, and a bonus chapter on Liar’s Poker. The authors draw extensively on their own experiences as principals of Elm Wealth, a multi-billion-dollar wealth management practice, and prior to that on their years as arbitrage traders– Victor at Salomon Brothers and LTCM, and James at Nationsbank/CRT and Citadel. Whether you are young and building wealth, an entrepreneur invested heavily in your own business, or at a stage where your primary focus is investing and spending, The Missing Billionaires: A Guide to Better Financial Decisions is your must-have resource for thoughtful financial decision-making.
Billionaire Wilderness
Author: Justin Farrell
Publisher: Princeton University Press
ISBN: 0691217122
Category : Business & Economics
Languages : en
Pages : 392
Book Description
"Offers an unprecedented look inside the world of the ultra-wealthy and their relationship to the natural world, showing how the ultra-rich use nature to resolve key predicaments in their lives. Justin Farrell immerses himself in Teton County, Wyoming ... to investigate interconnected questions about money, nature, and community in the twenty-first century. Farrell draws on three years of in-depth interviews with 'ordinary' millionaires and the world's wealthiest billionaires, four years of in-person observation in the community, and original quantitative data to provide ... analytical insight on the ultra-wealthy. He also interviewed low-income workers who could speak to their experiences as employees for and members of the community with these wealthy people"--
Publisher: Princeton University Press
ISBN: 0691217122
Category : Business & Economics
Languages : en
Pages : 392
Book Description
"Offers an unprecedented look inside the world of the ultra-wealthy and their relationship to the natural world, showing how the ultra-rich use nature to resolve key predicaments in their lives. Justin Farrell immerses himself in Teton County, Wyoming ... to investigate interconnected questions about money, nature, and community in the twenty-first century. Farrell draws on three years of in-depth interviews with 'ordinary' millionaires and the world's wealthiest billionaires, four years of in-person observation in the community, and original quantitative data to provide ... analytical insight on the ultra-wealthy. He also interviewed low-income workers who could speak to their experiences as employees for and members of the community with these wealthy people"--
The Missing Billionaires
Author: Victor Haghani
Publisher: John Wiley & Sons
ISBN: 1119747910
Category : Business & Economics
Languages : en
Pages : 423
Book Description
An Economist Best Book of the Year "Making Money and Keeping It" – The Wall Street Journal Over the past century, if the wealthiest families had spent a reasonable fraction of their wealth, paid taxes, invested in the stock market, and passed their wealth down to the next generation, there would be tens of thousands of billionaire heirs to generations-old fortunes today. The puzzle of The Missing Billionaires is why you cannot find one such billionaire on any current rich list. There are a number of explanations, but this book is focused on one mistake which is of profound importance to all investors: poor risk decisions, both in investing and spending. Many of these families didn’t choose bad investments– they sized them incorrectly– and allowed their spending decisions to amplify this mistake. The Missing Billionaires book offers a simple yet powerful framework for making important lifetime financial decisions in a systematic and rational way. It's for readers with a baseline level of financial literacy, but doesn’t require a PhD. It fills the gap between personal finance books and the academic literature, bringing the valuable insights of academic finance to non-specialists. Part One builds the theory of optimal investment sizing from first principles, starting with betting on biased coins. Part Two covers lifetime financial decision-making, with emphasis on the integration of investment, saving and spending decisions. Part Three covers practical implementation details, including how to calibrate your personal level of risk-aversion, and how to estimate the expected return and risk on a broad spectrum of investments. The book is packed with case studies and anecdotes, including one about Victor’s investment with LTCM as a partner, and a bonus chapter on Liar’s Poker. The authors draw extensively on their own experiences as principals of Elm Wealth, a multi-billion-dollar wealth management practice, and prior to that on their years as arbitrage traders– Victor at Salomon Brothers and LTCM, and James at Nationsbank/CRT and Citadel. Whether you are young and building wealth, an entrepreneur invested heavily in your own business, or at a stage where your primary focus is investing and spending, The Missing Billionaires: A Guide to Better Financial Decisions is your must-have resource for thoughtful financial decision-making.
Publisher: John Wiley & Sons
ISBN: 1119747910
Category : Business & Economics
Languages : en
Pages : 423
Book Description
An Economist Best Book of the Year "Making Money and Keeping It" – The Wall Street Journal Over the past century, if the wealthiest families had spent a reasonable fraction of their wealth, paid taxes, invested in the stock market, and passed their wealth down to the next generation, there would be tens of thousands of billionaire heirs to generations-old fortunes today. The puzzle of The Missing Billionaires is why you cannot find one such billionaire on any current rich list. There are a number of explanations, but this book is focused on one mistake which is of profound importance to all investors: poor risk decisions, both in investing and spending. Many of these families didn’t choose bad investments– they sized them incorrectly– and allowed their spending decisions to amplify this mistake. The Missing Billionaires book offers a simple yet powerful framework for making important lifetime financial decisions in a systematic and rational way. It's for readers with a baseline level of financial literacy, but doesn’t require a PhD. It fills the gap between personal finance books and the academic literature, bringing the valuable insights of academic finance to non-specialists. Part One builds the theory of optimal investment sizing from first principles, starting with betting on biased coins. Part Two covers lifetime financial decision-making, with emphasis on the integration of investment, saving and spending decisions. Part Three covers practical implementation details, including how to calibrate your personal level of risk-aversion, and how to estimate the expected return and risk on a broad spectrum of investments. The book is packed with case studies and anecdotes, including one about Victor’s investment with LTCM as a partner, and a bonus chapter on Liar’s Poker. The authors draw extensively on their own experiences as principals of Elm Wealth, a multi-billion-dollar wealth management practice, and prior to that on their years as arbitrage traders– Victor at Salomon Brothers and LTCM, and James at Nationsbank/CRT and Citadel. Whether you are young and building wealth, an entrepreneur invested heavily in your own business, or at a stage where your primary focus is investing and spending, The Missing Billionaires: A Guide to Better Financial Decisions is your must-have resource for thoughtful financial decision-making.