Demystifying Wall Street

Demystifying Wall Street
Author :
Publisher : AuthorHouse
Total Pages : 182
Release :
ISBN-10 : 9781434353849
ISBN-13 : 1434353842
Rating : 4/5 (49 Downloads)

Synopsis Demystifying Wall Street by : Bruce Fleet

This is the book that Wall Street doesn't want you to read. It's a book about my experiences, my insights, and my take on the brokerage business. As a top-producing Wall Street stockbroker for 20 years at some of its largest firms, I had the opportunity to see everything the junkets, the incentives, the sales strategies, the product preferences, and most of all how customers are treated. Demystifying Wall Street begins with some of my personal experiences, how I went from being a car salesman (and musician) to joining one of Wall Street's biggest brokerages. And then it explains how I discovered that car dealerships and brokerages operate in very much the same way: by incentives. More compelling, the book reveals a perspective that is often lost on consumers: Salesmen, whether of stocks or cars, are paid to sell products. They work, at the end of the day, for the manufacturers of those products and therefore their interests are never aligned with buyers. Those buyers on Wall Street are you. This is the flaw in the Wall Street business model that is at the crux of Demystifying Wall Street. Despite the bull, the advertisements, and all of the lip service, stockbrokers can never be the trusted advisers they portend to be. If they were, and put clients' interests ahead of their own, they'd be broke. Yet, the average income of stockbrokers is several hundred thousand dollars and can stretch up into millions of dollars. I explain how this then translates into a lifestyle trap for Wall Street stockbrokers, how they have to produce, produce, produce, to keep up their means. It shows how bigger and better EVERYTHING is rewarded by brokerage firm management. Managers want brokers to get nicer cars, buy bigger houses. They hold out carrots at the office too corner offices, secretaries, and trips all in a design to keep brokers in the firm's nest. Rife with information, including charts, tables, and graphs, Demystifying Wall Street is meant to be used as resource guide, a resource guide, mind you, that tells a story. My personal experiences and anecdotes are meant to grab readers' attention and engage them. But the book itself is full of easy-to-understand financial lessons.

Demystifying Wall Street

Demystifying Wall Street
Author :
Publisher :
Total Pages : 180
Release :
ISBN-10 : 1434352099
ISBN-13 : 9781434352095
Rating : 4/5 (99 Downloads)

Synopsis Demystifying Wall Street by : Bruce Fleet

This is the book that Wall Street doesn't want you to read. It's a book about my experiences, my insights, and my take on the brokerage business. As a top-producing Wall Street stockbroker for 20 years at some of its largest firms, I had the opportunity to see everything the junkets, the incentives, the sales strategies, the product preferences, and most of all how customers are treated. Demystifying Wall Street begins with some of my personal experiences, how I went from being a car salesman (and musician) to joining one of Wall Street's biggest brokerages. And then it explains how I discovered that car dealerships and brokerages operate in very much the same way: by incentives. More compelling, the book reveals a perspective that is often lost on consumers: Salesmen, whether of stocks or cars, are paid to sell products. They work, at the end of the day, for the manufacturers of those products and therefore their interests are never aligned with buyers. Those buyers on Wall Street are you. This is the flaw in the Wall Street business model that is at the crux of Demystifying Wall Street. Despite the bull, the advertisements, and all of the lip service, stockbrokers can never be the trusted advisers they portend to be. If they were, and put clients' interests ahead of their own, they'd be broke. Yet, the average income of stockbrokers is several hundred thousand dollars and can stretch up into millions of dollars. I explain how this then translates into a lifestyle trap for Wall Street stockbrokers, how they have to produce, produce, produce, to keep up their means. It shows how bigger and better EVERYTHING is rewarded by brokerage firm management. Managers want brokers to get nicer cars, buy bigger houses. They hold out carrots at the office too corner offices, secretaries, and trips all in a design to keep brokers in the firm's nest. Rife with information, including charts, tables, and graphs, Demystifying Wall Street is meant to be used as resource guide, a resource guide, mind you, that tells a story. My personal experiences and anecdotes are meant to grab readers' attention and engage them. But the book itself is full of easy-to-understand financial lessons.

Investing Demystified

Investing Demystified
Author :
Publisher : Pearson UK
Total Pages : 230
Release :
ISBN-10 : 9780273781523
ISBN-13 : 0273781529
Rating : 4/5 (23 Downloads)

Synopsis Investing Demystified by : Lars Kroijer

Don’t spend your time worrying whether you can beat the markets: you don’t need to beat them to be a successful investor. By showing you how to build a simple and rational portfolio and tailor it to your specific needs, Investing Demystified will help you generate superior returns. With his straightforward and jargon-free advice, Lars Kroijer simplies the often complex world of finance and tells you everything you need to know – and everything that you don’t need to worry about – in order to make the most from your investments. In Investing Demystified you will: • Discover the mix of stocks, bonds and cash needed for a top performing portfolio • Learn why the most broadly diversi_ ed and simplest portfolio makes the most sense • Understand the right level of risk for you and how this affects your investments • Find out why a low cost approach will yield bene_ ts whilst leaving you with a higher quality portfolio • Understand the implications of tax and liquidity

Demystifying Social Finance and Social Investment

Demystifying Social Finance and Social Investment
Author :
Publisher : Routledge
Total Pages : 400
Release :
ISBN-10 : 9781317152798
ISBN-13 : 1317152794
Rating : 4/5 (98 Downloads)

Synopsis Demystifying Social Finance and Social Investment by : Mark Salway

Social finance and social investment are not challenging concepts to grasp. They use commercial-style investment tools to create a social as well as a financial return. The application, however, is not always as straightforward. This book begins in the wider field of social finance but focuses primarily on social investment as a tool. The reader is helped to understand this from different angles: introducing social investment, discussing social investment and taking a "deep-dive" into it to bring it to life. This unique book takes the reader on a journey from first principles to detailed practical application. This book examines the policy context and asks why social investment has only recently become so popular, when in reality this is a very old concept. This is linked to the agenda of making charities more "business-like", set against the changing face of investment, as charities can no longer rely on donations and grants as guaranteed income. The work they do is more important than ever and social investment, used with care, offers a new opportunity that is further explored in this text. Mark Salway, Paul Palmer, Peter Grant and Jim Clifford will help readers understand how a small amount of borrowing, or a different business model focused away from grants and donations, could be transformational for the non-profit sector.

The Devil's Financial Dictionary

The Devil's Financial Dictionary
Author :
Publisher : PublicAffairs
Total Pages : 257
Release :
ISBN-10 : 9781610396066
ISBN-13 : 1610396065
Rating : 4/5 (66 Downloads)

Synopsis The Devil's Financial Dictionary by : Jason Zweig

Your Survival Guide to the Hades of Wall Street The Devil's Financial Dictionary skewers the plutocrats and bureaucrats who gave us exploding mortgages, freakish risks, and banks too big to fail. And it distills the complexities, absurdities, and pomposities of Wall Street into plain truths and aphorisms anyone can understand. An indispensable survival guide to the hostile wilderness of today's financial markets, The Devil's Financial Dictionary delivers practical insights with a scorpion's sting. It cuts through the fads and fakery of Wall Street and clears a safe path for investors between euphoria and despair. Staying out of financial purgatory has never been this fun.

Competition Demystified

Competition Demystified
Author :
Publisher : Penguin
Total Pages : 651
Release :
ISBN-10 : 9781101218433
ISBN-13 : 1101218436
Rating : 4/5 (33 Downloads)

Synopsis Competition Demystified by : Bruce C. Greenwald

Bruce Greenwald, one of the nation's leading business professors, presents a new and simplified approach to strategy that cuts through much of the fog that has surrounded the subject. Based on his hugely popular course at Columbia Business School, Greenwald and his coauthor, Judd Kahn, offer an easy-to-follow method for understanding the competitive structure of your industry and developing an appropriate strategy for your specific position. Over the last two decades, the conventional approach to strategy has become frustratingly complex. It's easy to get lost in a sophisticated model of your competitors, suppliers, buyers, substitutes, and other players, while losing sight of the big question: Are there barriers to entry that allow you to do things that other firms cannot?

Smarter Than the Street: Invest and Make Money in Any Market

Smarter Than the Street: Invest and Make Money in Any Market
Author :
Publisher : McGraw Hill Professional
Total Pages : 257
Release :
ISBN-10 : 9780071753586
ISBN-13 : 0071753583
Rating : 4/5 (86 Downloads)

Synopsis Smarter Than the Street: Invest and Make Money in Any Market by : Gary Kaminsky

CNBC Money Expert Gary Kaminsky Reveals the Wealth-Building Secrets of Wall Street Insiders “Gary Kaminsky is one of the top money managers of the last two decades. His book is a must-read for anyone trying to make real money in the stock market!” Nils Brous, Founding Principal, Samson Capital Advisors, LLC; Chairman, Arcoda Capital Management LP; former executive, Kohlberg, Kravis, Roberts and Company (KKR) “Want to know how the best managers and traders on Wall Street make money? Read Gary Kaminsky’s down-to-earth, money-making guide and learn the secrets of profiting in any market.” Melissa Lee, Host, CNBC’s "Fast Money" “A must-read! Gary Kaminsky takes the mystery out of the market with his no-nonsense, take-no-prisoners approach.” Jeffrey Moslow, Managing Director, Investment Banking, Goldman Sachs The Book Wall Street Doesn't Want You to Read How do savvy Wall Street investors achieve high returns even in the worst financial times? It’s one of the industry’s best-kept secrets—and now it’s yours for the taking. Gary Kaminsky, cohost of CNBC’s "The Strategy Session"—and one of the best money managers in Wall Street’s recent history—is ready to share the secrets that have made his colleagues millions, even billions, of dollars. These simple but powerful techniques are not exclusive to Wall Street’s high rollers. With Kaminsky’s system, you will make money even in zero-growth markets. His proven formula shows you how to: Develop the same habits, reflexes, and practices of top market performers Create a proactive buy-and-sell strategy Beat the roller-coaster market trends—and focus on long-term returns Make smarter, more informed decisions—and more money! Kaminsky brings more than two decades of experience to his low-risk, high-return system, demystifying Wall Street for novice and seasoned investors alike. Between 1999 and 2008, Kaminsky’s team at Neuberger Berman grew record-breaking returns far above the S&P benchmark. And they didn’t do it by magic. They did it by constructing a specificstrategy and sticking to it, regardless of the investing climate. It is a strategy that anyone can learn and apply, step-by-step, in any market. With Kaminsky’s expert guidance, you’ll learn how to be more disciplined and vigilant with your investments, maximizing your returns in a minimum amount of time. You’ll not only make money in most markets, but you’ll lose much less money when those around you are losing their shirts. And you’ll be able to strengthen and protect your assets—particularly in the slow-growth decade ahead—with the confidence and know-how that drives Wall Street’s smartest investors to the top of their game. Yes, you can beat the market—when you’re Smarter Than the Street.

The Wall Street Journal Guide to the Business of Life

The Wall Street Journal Guide to the Business of Life
Author :
Publisher : Three Rivers Press
Total Pages : 486
Release :
ISBN-10 : 030735105X
ISBN-13 : 9780307351050
Rating : 4/5 (5X Downloads)

Synopsis The Wall Street Journal Guide to the Business of Life by : Nancy Keates

Almost Everything You Need to Know About Leading the Good Life Too many decisions. Too many choices. What today’s smart consumer must have is a money-and-time-saving guide for conducting the “business of life”—both the big challenges, such as getting top-notch health care for the family and the best education for the kids, and the pleasurable ones, like plotting the family summer vacation. Nancy Keates and her expert colleagues atThe Wall Street Journalprovide all-new material that gives the lowdown on: The Savvy Traveler: How to cut to the chase and not only avoid the indignity of cramped plane seats and overpriced tickets, but also get the best and safest seats at the same time. The Fine Art of Dining and Drinking: Landing the hottest table in town—at a discount; picking wine without becoming a wine snob; and learning about “barley matters”—the newest, hottest beers. How to Speak Geek: Demystifying tech trends, with smart advice on not only what high-tech gadgets to buy but how to shop for them. Everything You Need to Know About Buying, Selling and Financing a Car: How to get the best and safest vehicle at the best price. Real Estate: Will the bubble burst? Here’s how to be an informed buyer and seller along with the basics of remodeling and designing your home. How to Be an Informed Patient: Choosing a hospital, playing private investigator with your M.D., and learning about the tests you really ought to have (even if you have to pay for them yourself). Getting Real Bang for Your Education Bucks: What you need to know from preschool through college and graduate school. The Great Balancing Act: Managing work and family, and finding out how to avoid the overstretched child and parent syndromes. Financing Your Life: It was easy in the 1990s, but the world has changed dramatically. Here’s how to deal with the new world of saving, investing and borrowing money. Shopping: The New Sex? Throw away your Kama Sutra. The number one thrill in shopping is getting a good deal—here’s how to play the game and get the best stuff at the best price. The Wall Street Journal Guide to the Business of Lifeis both an instruction manual for living life to the fullest and a fun read about what really matters in the day-to-day. It has all the basic insight and information you need to navigate through life along with hilarious side trips such as “The Three-Decorator Experience” and “Cruises: Sailing New Waters.” From the Hardcover edition.

Biz Dev Done Right

Biz Dev Done Right
Author :
Publisher : Advantage Media Group
Total Pages : 240
Release :
ISBN-10 : 9781599326795
ISBN-13 : 1599326795
Rating : 4/5 (95 Downloads)

Synopsis Biz Dev Done Right by : Carol Gould

BIZ DEV DONE RIGHT is devoted to helping business owners, sales VPs, and sellers uncover and manage the blind spots in the sales process that keep you from the success you deserve. Learn the practical and powerful information you need to IMMEDIATELY accelerate next level results. When business development is done right, there is no limit to what your company can accomplish!

The Solomon Secret

The Solomon Secret
Author :
Publisher : Penguin
Total Pages : 121
Release :
ISBN-10 : 9781101133750
ISBN-13 : 1101133759
Rating : 4/5 (50 Downloads)

Synopsis The Solomon Secret by : Bruce Fleet

Using Solomon's life and teachings as a foundation, Bruce Fleet offers today's readers a unique, well-grounded, proven method of wise investing. Solomon was more than just a character in the Bible-he was the richest man who ever lived. If we could learn from him directly, what would he teach us about growth in riches and knowledge? And how can we relate his life and wisdom to the society and successful financial planning of our contemporary world? Bruce Fleet's The Solomon Secret brings together instructional parables highlighting the wisdom of history's wealthiest man, with practical and sound financial advice for twenty- first-century readers. In the bestselling tradition of The Richest Man in Babylon, The Solomon Secret follows King Solomon as he mentors his young protégé, Abidan, on the seven basic principles of life and their influence on financial success. Each of these parables illustrates a key principle that Abidan must discover before he can garner more wealth and happiness, and is then followed by Fleet's masterful application of these principles to the reader's life and to the most urgent and essential financial questions of our time. Fleet, a successful financial adviser and owner of a large investment firm, draws from the time-honored and historically proven wisdom of the life of the ancient king to offer-through the siphon of his own talent and perspective-the very best in financial strategies for today's challenging economic climate. An accessible and effective mix of teaching stories with powerful financial lessons, The Solomon Secret is a highly readable, informative guide to becoming wealthy and wise.