What is money? How does it work, and what effects does it have on our society and economy? Hardly anyone has penetrated the answers to these questions better and explained them more comprehensibly than Alfred Lansburgh, who published them in the form of letters to his son, under the pseudonym “Argentarius” in his publishing house “Die Bank”. This edition contains the following collections of letters from the years 1921 to 1923: * On Money * Valuta * The Central Bank * Monetary Crisis
Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. This book proves that premise wrong. Covering sixty-six countries across five continents, This Time Is Different presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes--from medieval currency debasements to today's subprime catastrophe. Carmen Reinhart and Kenneth Rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. The authors draw important lessons from history to show us how much--or how little--we have learned. Using clear, sharp analysis and comprehensive data, Reinhart and Rogoff document that financial fallouts occur in clusters and strike with surprisingly consistent frequency, duration, and ferocity. They examine the patterns of currency crashes, high and hyperinflation, and government defaults on international and domestic debts--as well as the cycles in housing and equity prices, capital flows, unemployment, and government revenues around these crises. While countries do weather their financial storms, Reinhart and Rogoff prove that short memories make it all too easy for crises to recur. This Time Is Different exposes centuries of financial missteps.
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
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.
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.
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
From the author of The BFG and Matilda! Willy Wonka's famous chocolate factory is opening at last! But only five lucky children will be allowed inside. And the winners are: Augustus Gloop, an enormously fat boy whose hobby is eating; Veruca Salt, a spoiled-rotten brat whose parents are wrapped around her little finger; Violet Beauregarde, a dim-witted gum-chewer with the fastest jaws around; Mike Teavee, a toy pistol-toting gangster-in-training who is obsessed with television; and Charlie Bucket, Our Hero, a boy who is honest and kind, brave and true, and good and ready for the wildest time of his life!
Data-science investigations have brought journalism into the 21st century, and—guided by The Intercept’s infosec expert Micah Lee— this book is your blueprint for uncovering hidden secrets in hacked datasets. Unlock the internet’s treasure trove of public interest data with Hacks, Leaks, and Revelations by Micah Lee, an investigative reporter and security engineer. This hands-on guide blends real-world techniques for researching large datasets with lessons on coding, data authentication, and digital security. All of this is spiced up with gripping stories from the front lines of investigative journalism. Dive into exposed datasets from a wide array of sources: the FBI, the DHS, police intelligence agencies, extremist groups like the Oath Keepers, and even a Russian ransomware gang. Lee’s own in-depth case studies on disinformation-peddling pandemic profiteers and neo-Nazi chatrooms serve as blueprints for your research. Gain practical skills in searching massive troves of data for keywords like “antifa” and pinpointing documents with newsworthy revelations. Get a crash course in Python to automate the analysis of millions of files. You will also learn how to: * Master encrypted messaging to safely communicate with whistleblowers. * Secure datasets over encrypted channels using Signal, Tor Browser, OnionShare, and SecureDrop. * Harvest data from the BlueLeaks collection of internal memos, financial records, and more from over 200 state, local, and federal agencies. * Probe leaked email archives about offshore detention centers and the Heritage Foundation. * Analyze metadata from videos of the January 6 attack on the US Capitol, sourced from the Parler social network. We live in an age where hacking and whistleblowing can unearth secrets that alter history. Hacks, Leaks, and Revelations is your toolkit for uncovering new stories and hidden truths. Crack open your laptop, plug in a hard drive, and get ready to change history.
Amazon Best Seller in Financial Services Industry, Analysis & Trading Investing Strategies, and Stock Market Investing National Indie Excellence Award--WINNER, Business 2023 Nonfiction Book Awards Gold Winner A better approach to investing This is not a typical investment book. It is an experiential guide on cultivating the mindset and behavior necessary to weather inherently uncertain and unpredictable markets. It doesn’t just tell you how to invest but how to think better about investing. Referencing studies on psychology, decision making, and investment behavior, Jennings provides a no-nonsense analysis of the financial markets and a road map to navigating its inevitable twists and turns. Jennings uses mental models to create a latticework of wisdom that will help you evaluate investment advice and learn better behavior in the face of uncertainty. To name a few: ignore expert predictions, be wary of stories, and try to invest like a dead person. An engaging dive into investing psychology and best practices, The Uncertainty Solution is an authoritative, accessible guide for both lay investors and professionals inundated with financial news and data. Read this book to improve your thinking about investing, practice better investment behavior, and ultimately, have more money.
Have you ever ventured into the intriguing domain of the Apocrypha within the inaugural edition of the 1560 Geneva Bible? A meticulously preserved treasury of ancient religious texts, it comprises a unique anthology of writings excluded from the Hebrew Bible but included in the Septuagint, offering a glimpse into the enigmatic world of antiquity. While not universally accepted as canonical, the Apocrypha yields profound insights into the human experience and matters of faith. The Apocrypha and the Geneva Bible (1560) are both significant entities in the realm of Christian literature and biblical scholarship. Here's a detailed description of each: Apocrypha: The term "Apocrypha" refers to a collection of ancient texts that are not included in the canonical Bible of most Protestant denominations but are part of the biblical canon of the Catholic and Eastern Orthodox Churches. These texts are considered by some to be of historical and religious value but are not considered divinely inspired Scripture by all religious traditions. The Apocrypha includes a diverse range of writings, including historical narratives, wisdom literature, and theological treatises, dating from the intertestamental period (roughly 300 BCE to 100 CE). Some of the most well-known books within the Apocrypha include: Tobit: A narrative about a pious Israelite named Tobit and his son Tobias, which contains elements of wisdom literature and angelic intervention. Judith: The story of a courageous Israelite widow named Judith who saves her people by seducing and beheading the Assyrian general Holofernes. Wisdom of Solomon: A philosophical and theological work attributed to King Solomon, which extols the virtues of wisdom and righteousness. Sirach (Ecclesiasticus): A collection of ethical teachings and maxims attributed to Jesus Ben Sirach, promoting practical wisdom and piety. 1 and 2 Maccabees: Historical accounts of the Maccabean revolt against Hellenistic oppression, detailing the exploits of the Jewish leader Judas Maccabeus and his brothers. These texts provide valuable insights into the beliefs, practices, and historical context of Second Temple Judaism and the early Christian era. Geneva Bible (1560): The Geneva Bible was one of the most influential English translations of the Bible during the Protestant Reformation. It was produced by English Protestant exiles who had fled to Geneva, Switzerland, during the reign of Queen Mary I of England, also known as "Bloody Mary" due to her persecution of Protestant dissenters. The Geneva Bible was first published in 1560 and quickly became popular among English-speaking Protestants for its accuracy, readability, and extensive study aids. Discover the secrets and marvels of this sacred text, which exerted an undeniable influence in its time, surpassing even Coverdale's Bible in popularity and inspiring luminaries such as William Shakespeare. As the first mechanically and serially printed Bible made directly available to the general public, its impact was profound. With its Calvinist origins, this Bible served as the primary text for English Protestantism in the 16th century. It was embraced by notable figures such as William Shakespeare, Oliver Cromwell and his soldiers (in the soldier's pocket Bible version), John Knox, John Donne, and others, and found its way to America through the Puritan pilgrims aboard the Mayflower.
The highly anticipated 2nd edition of the best-selling gold and silver investing book of the century. Completely revised, with over 100 entirely new pages of content. "Throughout the ages, many things have been used as currency: livestock, grains, spices, shells, beads, and now paper. But only two things have ever been money: gold and silver. When paper money becomes too abundant, and thus loses its value, man always turns back to precious metals. During these times there is always an enormous wealth transfer, and it is within your power to transfer that wealth away from you or toward you." - Michael Maloney, precious metals investment expert and historian; founder and principal, GoldSilver.com. Guide to Investing in Gold & Silver tells readers: * The essential history of economic cycles that make gold and silver the ultimate monetary standard. * How the U.S. government is driving inflation by diluting our money supply and weakening our purchasing power * Why precious metals are one of the most profitable, easiest, and safest investments you can make * Where, when, and how to invest your money and realize maximum returns, no matter what the economy's state * Essential advice on avoiding the middleman and taking control of your financial destiny by making your investments directly.
Now featuring a new preface by Peter Thiel Two renowned investment advisors and authors of the bestseller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century. The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization. Few observers of the late twentieth century have their fingers so presciently on the pulse of the global political and economic realignment ushering in the new millennium as do James Dale Davidson and Lord William Rees-Mogg. Their bold prediction of disaster on Wall Street in Blood in the Streets was borne out by Black Tuesday. In their ensuing bestseller, The Great Reckoning, published just weeks before the coup attempt against Gorbachev, they analyzed the pending collapse of the Soviet Union and foretold the civil war in Yugoslavia and other events that have proved to be among the most searing developments of the past few years. In The Sovereign Individual, Davidson and Rees-Mogg explore the greatest economic and political transition in centuries—the shift from an industrial to an information-based society. This transition, which they have termed "the fourth stage of human society," will liberate individuals as never before, irrevocably altering the power of government. This outstanding book will replace false hopes and fictions with new understanding and clarified values.