A trio of experts on high-tech business strategy and innovation reveal the principles that have made platform businesses the most valuable firms in the world and the first trillion-dollar companies. Managers and entrepreneurs in the digital era must learn to live in two worlds—the conventional economy and the platform economy. Platforms that operate for business purposes usually exist at the level of an industry or ecosystem, bringing together individuals and organizations so they can innovate and interact in ways not otherwise possible. Platforms create economic value far beyond what we see in conventional companies. The Business of Platforms is an invaluable, in-depth look at platform strategy and digital innovation. Cusumano, Gawer, and Yoffie address how a small number of companies have come to exert extraordinary influence over every dimension of our personal, professional, and political lives. They explain how these new entities differ from the powerful corporations of the past. They also question whether there are limits to the market dominance and expansion of these digital juggernauts. Finally, they discuss the role governments should play in rethinking data privacy laws, antitrust, and other regulations that could reign in abuses from these powerful businesses. Their goal is to help managers and entrepreneurs build platform businesses that can stand the test of time and win their share of battles with both digital and conventional competitors. As experts who have studied and worked with these firms for some thirty years, this book is the most authoritative and timely investigation yet of the powerful economic and technological forces that make platform businesses, from Amazon and Apple to Microsoft, Facebook, and Google—all dominant players in shaping the global economy, the future of work, and the political world we now face.
UPDATED & EXTENDED 2ND EDITION - with a brand-new foreword by Merryn Somerset Webb Let the market come to you Deep Value Investing by Jeroen Bos is an incredibly candid and revealing guide to the secrets of deep value investment. Written by an investor with a long and remarkable track record, it shares for the first time the ins and outs of finding high-potential undervalued stocks before anyone else. Deep value investing means finding companies that are genuine bargains that can pay back phenomenally over the long term. They are firms so cheap that even if they were to close tomorrow their assets would pay you out at a profit. But if they can turn things around, the rewards will be many times greater ... These were the favourite shares of Benjamin Graham, author of The Intelligent Investor. Inspired by Graham's classic and with a long history of discovering these great value stocks - sometimes known as 'bargain issues' or 'netnets' - author and investor Jeroen Bos reveals: - how to use only publicly available information to discover these shares and filter the gold from the dross - everything he did when analysing, purchasing, monitoring and selling more than ten recent successful deep value investments - the complete philosophy behind deep value investing, and the ins and outs of this strategy in practice - what can go wrong and how to minimise the chances of it happening to you. Deep value investing has a better track record than almost any other approach to the market. Even better, it doesn't require minute and technical knowledge of a company, nor is it fixated on earnings or often-unreliable future projections. It's all about the balance sheet and patience. This makes it the perfect investing approach for those who want to see phenomenal stock market returns without wasting time or commission costs.
MP3 CD Format A must-listen biography from the author of the bestselling Warren Buffett Speaks.
A Business Week, New York Times Business, and USA Today Bestseller "Ambitious and readable . . . an engaging introduction to the oddsmakers, whom Bernstein regards as true humanists helping to release mankind from the choke holds of superstition and fatalism." ―The New York Times "An extraordinarily entertaining and informative book." ―The Wall Street Journal "A lively panoramic book . . . Against the Gods sets up an ambitious premise and then delivers on it." ―Business Week "Deserves to be, and surely will be, widely read." ―The Economist "[A] challenging book, one that may change forever the way people think about the world." ―Worth "No one else could have written a book of such central importance with so much charm and excitement." ―Robert Heilbroner author, The Worldly Philosophers "With his wonderful knowledge of the history and current manifestations of risk, Peter Bernstein brings us Against the Gods. Nothing like it will come out of the financial world this year or ever. I speak carefully: no one should miss it." ―John Kenneth Galbraith Professor of Economics Emeritus, Harvard University In this unique exploration of the role of risk in our society, Peter Bernstein argues that the notion of bringing risk under control is one of the central ideas that distinguishes modern times from the distant past. Against the Gods chronicles the remarkable intellectual adventure that liberated humanity from oracles and soothsayers by means of the powerful tools of risk management that are available to us today. "An extremely readable history of risk." ―Barron's "Fascinating . . . this challenging volume will help you understand the uncertainties that every investor must face." ―Money "A singular achievement." ―Times Literary Supplement "There's a growing market for savants who can render the recondite intelligibly-witness Stephen Jay Gould (natural history), Oliver Sacks (disease), Richard Dawkins (heredity), James Gleick (physics), Paul Krugman (economics)-and Bernstein would mingle well in their company." ―The Australian
L. E. Modesitt, Jr. continues the Saga of Recluce, the long-running, best-selling epic fantasy series. In a new story arc, From the Forest follows the early life of a man known by many names depending on who you ask―hero, tyrant, emperor. Alayiakal, who will one day be known by many names ―not all of them flattering―has to climb the ranks of Cyador’s Mirror Lancers, fighting against unforeseen weapons and ancient technology. Alayiakal, however, has secrets of his own to protect: his ties to the Great Forest and his magus abilities. He must silently pretend to be a conventional soldier favored by fate―until that very same fate forces him to choose. Saga of Recluce #1 The Magic of Recluce / #2 The Towers of the Sunset / #3 The Order War / #4 The Magic Engineer / #5 The Death of Chaos / #6 Fall of Angels / #7 The Chaos Balance / #8 The White Order / #9 Colors of Chaos / #10 Magi’i of Cyador / #11 Scion of Cyador / #12 Wellspring of Chaos / #13 Ordermaster / #14 Natural Order Mage / #15 Mage-Guard of Hamor / #16 Arms-Commander / #17 Cyador’s Heirs / #18 Heritage of Cyador / #19 The Mongrel Mage / #20 Outcasts of Order / #21 The Mage-Fire War / #22 Fairhaven Rising/#23 From the Forest Story Collection: Recluce Tales Other Series by L.E. Modesitt, Jr. The Grand Illusion The Imager Portfolio The Corean Chronicles The Spellsong Cycle The Ghost Books The Ecolitan Matter
COMPTON CROOK AWARD FOR BEST FIRST NOVEL. NEBULA AWARD FINALIST. New Science Fiction Adventure Series! National Bestseller in trade paperback. An agent for a spy organization uncovers an alien alliance in nearby interstellar space—an alliance that will soon involve humanity in politics and war on a galactic scale. 2105, September: Intelligence Analyst Caine Riordan uncovers a conspiracy on Earth’s Moon—a history-changing clandestine project—and ends up involuntarily cryocelled for his troubles. Twelve years later, Riordan awakens to a changed world. Humanity has achieved faster-than-light travel and is pioneering nearby star systems. And now, Riordan is compelled to become an inadvertent agent of conspiracy himself. Riordan’s mission: travel to a newly settled world and investigate whether a primitive local species was once sentient—enough so to have built a lost civilization. However, arriving on site in the Delta Pavonis system, Caine discovers that the job he’s been given is anything but secret or safe. With assassins and saboteurs dogging his every step, it's clear that someone doesn't want his mission to succeed. In the end, it takes the broad-based insights of an intelligence analyst and a matching instinct for intrigue to ferret out the truth: that humanity is neither alone in the cosmos nor safe. Earth is revealed to be the lynchpin planet in an impending struggle for interstellar dominance, a struggle into which it is being irresistibly dragged. Discovering new dangers at every turn, Riordan must now convince the powers-that-be that the only way for humanity to survive as a free species is to face the perils directly—and to fight fire with fire. WINNER OF THE COMPTON CROOK AWARD FOR BEST FIRST NOVEL About Fire with Fire: “Chuck Gannon is one of those marvelous finds—someone as comfortable with characters as he is with technology, and equally adept at providing those characters with problems to solve. Imaginative, fun, and not afraid to step on the occasional toe or gore the occasional sacred cow, his stories do not disappoint.” —David Weber "If we meet strong aliens out there, will we suffer the fate of the Aztecs and Incas, or find the agility to survive? Gannon fizzes with ideas about the dangerous politics of first contact.” —David Brin "The plot is intriguing and then some. Well-developed and self-consistent; intelligent readers are going to like it." —Jerry Pournelle "[T]he intersecting plot threads, action and well-conceived science kept those pages turning." —SF Crowsnest About Starfire series hit, Extremis, coauthored by Charles E. Gannon: “Vivid. . . Battle sequences mingle with thought-provoking exegesis . . .” —Publishers Weekly "It’s a grand, fun series of battles and campaigns, worthy of anything Dale Brown or Larry Bond ever wrote." —Analog About Charles E. Gannon: "[A] strong [writer of]. . .military SF. . .[much] action going on in his work, with a lot of physics behind it. There is a real sense of the urgency of war and the sacrifices it demands." —Locus
Downtown White Police: Demonizing the Alpha Cop, Glorifying Thugs, and Militarizing Law Enforcement is a take-no-prisoners exposé of the forces at work in American society that are leading us down the dangerous path to a militarized police force. Former police officer James Lancia excuses no one for what is happening in the nation today. Rather, through a riveting blend of real-life cop stories and social and political analysis, he explains the situation like only an insider can. Downtown White Police discloses not only the disturbing fact that our police are becoming militarized, but also explains why this troubling trend is happening—and why it has little to do with race. What’s more, Lancia reveals how the media, the entertainment industry, politicians, and social justice advocates are shamelessly hyping the news and creating a false paradigm that demonizes the alpha cop and glorifies the criminals in order to fundamentally change law enforcement into an agent of the federal government. Whether you’re concerned about your own safety or about the future of our democracy, your eyes will be opened to the reality of crime and the need for citizens to act in order to preserve our civil liberties—before it´s too late.
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Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the ingrained mental habits that cost them money. He takes on the myths of the market and exposes them one by one teaching traders to look beyond random outcomes, to understand the true realities of risk, and to be comfortable with the "probabilities" of market movement that governs all market speculation.
The Mises Institute is pleased to present this very beautiful hardbound edition of Rothbard's most famous monetary essay--the one that has influenced two generations of economists, investors, and business professionals. The Mises Institute has united this book with its natural complement: a detailed reform proposal for a 100 percent gold dollar. The Case for a 100 Percent Gold Dollar was written a decade before the last vestiges of the gold standard were abolished. His unique plan for making the dollar sound again still holds up. Some people have said: Rothbard tells us what is wrong with money but not what to do about it. Well, by adding this essay, the problem and the answer are united in a comprehensive whole. After presenting the basics of money and banking theory, he traces the decline of the dollar from the 18th century to the present, and provides lucid critiques of central banking, New Deal monetary policy, Nixonian fiat money, and fixed exchange rates. He also provides a blueprint for a return to a 100 percent reserve gold standard. The book made huge theoretical advances. He was the first to prove that the government, and only the government, can destroy money on a mass scale, and he showed exactly how they go about this dirty deed. But just as importantly, it is beautifully written. He tells a thrilling story because he loves the subject so much. The passion that Murray feels for the topic comes through in the prose and transfers to the reader. Readers become excited about the subject, and tell others. Students tell professors. Some, like the great Ron Paul of Texas, have even run for political office after having read it. Rothbard shows precisely how banks create money out of thin air and how the central bank, backed by government power, allows them to get away with it. He shows how exchange rates and interest rates would work in a true free market. When it comes to describing the end of the gold standard, he is not content to describe the big trends. He names names and ferrets out all the interest groups involved. Since Rothbard's death, scholars have worked to assess his legacy, and many of them agree that this little book is one of his most important. Though it has sometimes been inauspiciously packaged and is surprisingly short, its argument took huge strides toward explaining that it is impossible to understand public affairs in our time without understanding money and its destruction.
Economic Policy contains six lectures Ludwig von Mises delivered in 1959 for the Centro de Estudios sobre la Libertad in Argentina. The lectures were posthumously edited by Mises’s wife, Margit, and George Koether, a student and long-time friend of Mises. This volume serves as an excellent introduction to what Mises sees as the simple truths of history in terms of economic principles. In straightforward language, Mises explains topics such as capitalism, socialism, interventionism, inflation, foreign investment, and economic policies and ideas. Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century. Bettina Bien Greaves is a former resident scholar and trustee of the Foundation for Economic Education and was a senior staff member at FEE from 1951 to 1999.