Financial-future

Good summary of the new BIS rules, but the review of understanding marking-to-model is sketchy, inconsistent, and rife with too many pseudo-graphs and footnotes to his own books and articles.

EXCELLENT READ. I was going to reinvest after the DEVESTATING CRASH of the markets from 2000 to 2003. I bought these books to get some insight and have they provided me with powerful facts, direction and laws to live by trading wise.
A must have for anyone wanting to invest and to make money and avooid getting wiped out. Learn to preserve what U have. I read all 400+ pages in under a 5 days it was that great of a read. So interesting, insighful and entertaining. I am currently reading the New market wizards. Mostly more of the same. Yet this one takes place from late 1998 to 1992. I wish There was a new one from the year 2000 -2003. More stock related as opposed to futures, commodities. But non the less the facts are riviting and the lessons irregardless of what was traded is what is most insighful and enduring. I will never trade again w/o the facts I learned here. If I had used the lessons I learned from reading this book I would have come out of the tech boom a wise man. But alas one of the lessons I learbned the hard way and then read in the book is that the 1st time out you MUST LOOSE and usually do loose as those are the TIMES you learn your system from your failures and what NOT to do going forward. All the wizards lost at 1st and then made their systems work from there!

Dear Amazon Customers,

I came to know you through my search for a reliable,transparent and trustworthy
person or partner to assist me execute a vital private and confidential business
transaction as stated below.

I am Mr. Humber Tyo, the personal accountant to a foreigner,who
used to work with shell Development Company in Nigeria.On the 21st of April
2000, Mr. Morie, his wife and their two Children were involved in a motor
accident along shagamu road in Ogun State. Unfortunately Mr. Morie and his
entire family all lost their lives.Since then I have made several enquiries to
locate any of Morie's extended relatives. This has also proved
unsuccessful.After these several unsuccessful attempts, I decided to track his
last name over the Internet,to locate any member of his family hence I contacted
you.

I have contacted you to assist in repatriating the money and property left
behind by Mr. Morie before they get confiscated, frozen or declared
unserviceable by the bank where these huge deposits were lodged.Particularly,
the Trade Bank International where the deceased had an account valued at about
Seventeen Million United States Dollars (US$17,000,000:00). I hope you
understand
exactly what I am saying.

The management has issued me a notice to provide the next of kin or have the
account frozen and I know that they will surely not rest until they finally
froze his deposit.I have been unsuccessful in locating the relatives for over 2
years now and this is not good.

I seek your consent to present you as the next of kin of the deceased since you
have the same last name so that the proceeds of this account valued at
$17,000,000:00 can be paid to you and then you and me can share the money. 70%
to me and 30% to you.

If you are interested in this offer then kindly reply this mail through my
private and confidential email: humber_tyo@accountant.com

I have all the necessary legal documents that can be used to back up any claim
we may make in your favour.This I must achieve to make sure that this fund is
not wasted or end up in the wrong hands I hope you understand me very well. All
I require is your honest co-operation to enable us see this deal through.

I guarantee that this will be executed under a legitimate arrangement that will
protect you from any breach of the law.

Awaiting your urgent response.

Mr. Humber Tyo
humber_tyo@accountant.com (private email)

Being successful in life is simple. Find someone who is doing, or has what you want, and then model their behaviors. If you strive to be a sucessful trader then read this book.

Market Wizards is a compliation of interviews with very successful traders. There are little gems of information throughout the book. Read the book and savor each bit of information.

The terms "Upheavals" and "Market Shock" should not be used to describe the subject matter in this book since it consists entirely of slow, gradual changes in demographics. These changes are only discussed in the most general of terms. There is not one chart or graph in this book. The lack of a timeline makes it impossible to do any serious financial planning. Most of these changes will not have a major effect on the U.S. economy until after most of us are dead and buried.

Unfortunately, the financial advice in this book is very limited, consisting mainly of common sense items, such as, "Learn to broil a trout." The useful information in each chapter can be summed up in one sentence: Chapter 1: Americans are aging. They will need health care and retirement homes. Chapter 2: Science is cool, but make sure that a lot of people will pay for it before investing. Chapter 3: Mutual fund fees are too high. (Also contains the crazy theory that all funds will collapse when people figure out they are not FDIC insured.) Chapter 4: One day, white people will be the minority in America. Chapter 5: The Japanese are getting older, too. Chapter 6: Europe needs Euro-denominated junk bonds. Chapter 7:China has a tough row to hoe. Chapter 8: The crime rate will rise. Chapter 9: There's that global warming thing.

I would recommend this book to anyone who enjoys historical trivia. On the one hand, I read every page in this book. On the other hand, I don't expect to ever make a dime off of anything that I learned.

We all see the changes that are taking place around us (such as the graying of America). This book takes those changes and puts them into perspective with actionable information. I kept slapping my forehead and saying, "I know this, why didn't I see where it leads?" Buchholz makes sense out of our everyday observations and puts them into economic context.

A rare book on the economy that is actually interesting and fun to read. Buchholz has taken a very clever approach to making his point (with mini-novellas) that are both insightful and well researched. And humourous. Raises some serious concerns about the not too distant future that we should all be looking at as we contemplate our next investment.

being an IT professional and new to banking technology, the book gave me a good understanding of the areas where information technolgy is useful.It also gave me an idea of how to make the top business executives in banks, aware of their roles in the technolgy revolution. The book stresses on the need for mutual understanding and appreciation that should exist between the business executives and the IT professionals in the banks. This has been explained quite well. The action plan checklist given at the end of every chapter is an excellent idea.However, I found the various architecture principles and models quoted in the book a bit vague and brief.

This book is obviously written by an expert, the relevance of the examples, the deep knowledge of financial institutions cultures, and some of the analysis is really outstanding and useful. If you have no clue of what managing a bank is, you have to read this book. The problem is that if you work regularly with banks, you will have to dig hard in "bank management 101", in other words, all the traditional management model (BPR, ABC - where Ms Mabberley is an expert, TQM, KAIZEN, ...) in another fashion ... Please, don't dilute quality in your next book, julie ! (I will buy it, but hope it adresses experienced people ...)

hopeles