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.

A San Francisco Chronicle Bestseller The New York Times’s Global Economics Correspondent masterfully reveals how billionaires’ systematic plunder of the world—brazenly accelerated during the pandemic—has transformed 21st-century life and dangerously destabilized democracy. “Davos Man will be read a hundred years from now as a warning.” —Evan Osnos “Excellent. A powerful, fiery book, and it could well be an essential one.” —NPR.org The history of the last half century in America, Europe, and other major economies is in large part the story of wealth flowing upward. The most affluent people emerged from capitalism’s triumph in the Cold War to loot the peace, depriving governments of the resources needed to serve their people, and leaving them tragically unprepared for the worst pandemic in a century. Drawing on decades of experience covering the global economy, award-winning journalist Peter S. Goodman profiles five representative “Davos Men”—members of the billionaire class—chronicling how their shocking exploitation of the global pandemic has hastened a fifty-year trend of wealth centralization. Alongside this reporting, Goodman delivers textured portraits of those caught in Davos Man’s wake, including a former steelworker in the American Midwest, a Bangladeshi migrant in Qatar, a Seattle doctor on the front lines of the fight against COVID, blue-collar workers in the tenements of Buenos Aires, an African immigrant in Sweden, a textile manufacturer in Italy, an Amazon warehouse employee in New York City, and more. Goodman’s revelatory exposé of the global billionaire class reveals their hidden impact on nearly every aspect of modern society: widening wealth inequality, the rise of anti-democratic nationalism, the shrinking opportunity to earn a livable wage, the vulnerabilities of our health-care systems, access to affordable housing, unequal taxation, and even the quality of the shirt on your back. Meticulously reported yet compulsively readable, Davos Man is an essential read for anyone concerned about economic justice, the capacity of societies to grapple with their greatest challenges, and the sanctity of representative government.

“Meticulously researched …compels us to confront the current-day legacy of these Nazi ties.” —Wall Street Journal A groundbreaking investigation of how the Nazis helped German tycoons make billions off the horrors of the Third Reich and World War II—and how America allowed them to get away with it. In 1946, Günther Quandt—patriarch of Germany’s most iconic industrial empire, a dynasty that today controls BMW—was arrested for suspected Nazi collaboration. Quandt claimed that he had been forced to join the party by his archrival, propaganda minister Joseph Goebbels, and the courts acquitted him. But Quandt lied. And his heirs, and those of other Nazi billionaires, have only grown wealthier in the generations since, while their reckoning with this dark past remains incomplete at best. Many of them continue to control swaths of the world economy, owning iconic brands whose products blanket the globe. The brutal legacy of the dynasties that dominated Daimler-Benz, cofounded Allianz, and still control Porsche, Volkswagen, and BMW has remained hidden in plain sight—until now. In this landmark work of investigative journalism, David de Jong reveals the true story of how Germany’s wealthiest business dynasties amassed untold money and power by abetting the atrocities of the Third Reich. Using a wealth of previously untapped sources, de Jong shows how these tycoons seized Jewish businesses, procured slave laborers, and ramped up weapons production to equip Hitler’s army as Europe burned around them. Most shocking of all, de Jong exposes how America’s political expediency enabled these billionaires to get away with their crimes, covering up a bloodstain that defiles the German and global economy to this day.

LARGE PRINT EDITION He answered the door in just a bathrobe. When I told him why I was there, he dropped it to the floor... Bill: I keep things simple with the women I meet. Charm her, enjoy her, discard her, and repeat. Once she hears my family name her focus is on the size of my wallet and she can't be trusted. Until Lauren shows up at my doorstep one night and I am suddenly in charge of the family company. I need to save the family legacy and ten thousand jobs. I can't do it without her. She's beautiful, sassy, brilliant, and brutally honest. She can't stand me. I need her. In my bed, in my life, as my wife. Everything's going according to plan . . . Until, she disappears. Lauren: I fell for him as soon as I saw him last week, all of him, the full package. Until, he sent me back to his condo to get rid of the girl--the naked one in his bed. He didn't even know her name. Today he's the new CEO, and he's screwing up. Royally. I told him what I thought of him. Again. Now, he won't take no for an answer. When he makes a fairy tale proposal in front of hundreds, I can't say no. Together we have a plan to save the company. But he's keeping secrets, and I uncover the worst one. Buy The Billionaire's Trust today and see love find a way. This story is intended for mature readers, it contains mature themes, strong language, and sexual situations.

NATIONAL BESTSELLER ONE OF THE NEW YORK TIMES 10 BEST BOOKS OF THE YEAR Who are the immensely wealthy right-wing ideologues shaping the fate of America today? From the bestselling author of The Dark Side, an electrifying work of investigative journalism that uncovers the agenda of this powerful group. In her new preface, Jane Mayer discusses the results of the most recent election and Donald Trump's victory, and how, despite much discussion to the contrary, this was a huge victory for the billionaires who have been pouring money in the American political system. Why is America living in an age of profound and widening economic inequality? Why have even modest attempts to address climate change been defeated again and again? Why do hedge-fund billionaires pay a far lower tax rate than middle-class workers? In a riveting and indelible feat of reporting, Jane Mayer illuminates the history of an elite cadre of plutocrats—headed by the Kochs, the Scaifes, the Olins, and the Bradleys—who have bankrolled a systematic plan to fundamentally alter the American political system. Mayer traces a byzantine trail of billions of dollars spent by the network, revealing a staggering conglomeration of think tanks, academic institutions, media groups, courthouses, and government allies that have fallen under their sphere of influence. Drawing from hundreds of exclusive interviews, as well as extensive scrutiny of public records, private papers, and court proceedings, Mayer provides vivid portraits of the secretive figures behind the new American oligarchy and a searing look at the carefully concealed agendas steering the nation. Dark Money is an essential book for anyone who cares about the future of American democracy. National Book Critics Circle Award Finalist LA Times Book Prize Finalist PEN/Jean Stein Book Award Finalist Shortlisted for the Lukas Prize

When Cassie Frost reaches out to the biological father of the niece she’s raising, she doesn’t expect him to send in the lawyers. Emily is all the family Cassie has left, and she’ll do whatever it takes to keep her niece. But as the owner of a struggling diner going up against a billionaire, the odds aren’t in Cassie’s favor. When billionaire Will Connelly learns he has a daughter, he’s determined to have a place in her life—even if that means going head-to-head with her proud, stubborn, and irresistible aunt. It’s clear they both want what’s best for Emily, but Will’s not used to being told he’s wrong, and Cassie doesn’t seem to have a problem letting him know whenever she thinks he’s messing up. Will’s sure they can have it all, even if Cassie is determined to stand on her own two feet instead of being swept off them.

'Lucid and damning ... an absorbing - and infuriating - tale of complicity, coverup and denial' PATRICK RADDEN KEEFE, author of EMPIRE OF PAIN A groundbreaking investigation of how the Nazis helped German tycoons make billions from the horrors of the Third Reich and World War II - and how the world allowed them to get away with it.

Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right by Jane Mayer | A 15-Minute Summary & Analysis Preview:We all realize that there are many factors that can affect politics and the way in which the United States is run. Some of the methods used to influence the government are so covert that we may not even realize what is happening. In Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right, Jane Mayer finds some startling discoveries on how the men of wealth have made their fortunes by manipulating the government using covert means. PLEASE NOTE: This is a Summary and Analysis of the book and NOT the original book. This companion includes the following: - Book Review- Character List- Summary of the Chapters- Discussion Questions- Analysis of Themes & Symbols This Analysis fills the gap, making you understand more while enhancing your reading experience.

Author is Detroit newspaper man who gives many accounts of his talks with Henry Ford in the period 1917-1946.