George S. Clason - The Richest Man in Babylon
Hailed as a modern-day classic, this celebrated bestseller offers an understanding of — and a solution to — personal financial problems. Based on the success secrets of ancient "Babylonian parables", it is the most inspiring book on wealth ever written.
John J. Murphy - The Visual Investor
"John Murphy is one of a rare breed: an expert technical analyst who can actually write. This combination of skills helped make his Technical Analysis of the Futures Markets a classic. Now John has written the perfect overview aimed specifically at the stock investor who wants to learn technical analysis. . . . The Visual Investor offers a complete course in technical analysis, lucid enough to be accessible to the novice, yet thorough enough to range well beyond the basics. . . . [It] is must reading for the stock and mutual fund investor who wants to start incorporating technical analysis as a decision-making tool." --Jack D. Schwager Author, The New Market Wizards and Technical Analysis "The challenge of technical analysis is that it can be so technical. Now John Murphy, through The Visual Investor, explains everything for the common investor who wants to use technical analysis but doesn't want an overly complicated presentation." --Thom Hartle Editor, Technical Analysis of Stocks & Commodities magazine "As my research group relies heavily on market analysis for its research product, we get numerous inquiries from professional investors on where to find books on this topic. John Murphy's The Visual Investor is my first recommendation to the novice investor as well as the investment professional. . . . [It] is the simplest and most helpful first look at markets that I have seen." --John Kozey III, CFA, CMT Equity Research Director, Bridge Trading Company
Brendon Burchard - High Performance Habits
THESE SIX HABITS WILL MAKE YOU EXTRAORDINARY. After extensive original research and a decade as the world’s highest-paid performance coach, Brendon Burchard finally reveals the most effective habits for reaching long-term success. Based on one of the largest surveys ever conducted on high performers, it turns out that just six habits move the needle the most in helping you succeed. Adopt these six habits, and you win. Neglect them, and life is a never-ending struggle. We all want to be high performing in every area of our lives. But how? Which habits can help you achieve long-term success and vibrant well-being no matter your age, career, strengths, or personality? To become a high performer, you must seek clarity, generate energy, raise necessity, increase productivity, develop influence, and demonstrate courage. This book is about the art and science of how to practice these proven habits. If you do adopt any new habits to succeed faster, choose the habits in this book. Anyone can practice these habits and, when they do, extraordinary things happen in their lives, relationships, and careers. Whether you want to get more done, lead others better, develop skill faster, or dramatically increase your sense of joy and confidence, the habits in this book will help you achieve it. Each of the six habits is illustrated by powerful vignettes, cutting-edge science, thought-provoking exercises, and real-world daily practices you can implement right now. HIGH PERFORMANCE HABITS is a science-backed, heart-centered plan to living a better quality of life. Best of all, you can measure your progress. A link to a professional assessment is included in the book for free.
Michael Lewis - The Fifth Risk
What are the consequences if the people given control over our government have no idea how it works? "The election happened," remembers Elizabeth Sherwood-Randall, then deputy secretary of the Department of Energy. "And then there was radio silence." Across all departments, similar stories were playing out: Trump appointees were few and far between; those that did show up were shockingly uninformed about the functions of their new workplace. Some even threw away the briefing books that had been prepared for them. Michael Lewis’s brilliant narrative takes us into the engine rooms of a government under attack by its own leaders. In Agriculture the funding of vital programs like food stamps and school lunches is being slashed. The Commerce Department may not have enough staff to conduct the 2020 Census properly. Over at Energy, where international nuclear risk is managed, it’s not clear there will be enough inspectors to track and locate black market uranium before terrorists do. Willful ignorance plays a role in these looming disasters. If your ambition is to maximize short-term gains without regard to the long-term cost, you are better off not knowing those costs. If you want to preserve your personal immunity to the hard problems, it’s better never to really understand those problems. There is upside to ignorance, and downside to knowledge. Knowledge makes life messier. It makes it a bit more difficult for a person who wishes to shrink the world to a worldview. If there are dangerous fools in this book, there are also heroes, unsung, of course. They are the linchpins of the system—those public servants whose knowledge, dedication, and proactivity keep the machinery running. Michael Lewis finds them, and he asks them what keeps them up at night.
Scott H. Fullman - Options
Using a simple-to-follow building block approach, this self-teaching seminar explains the fundamentals of options, then moves on to more complex topics such as index warrants, arbitrage trading, and how to use options when managing a portfolio. Throughout, the guide features case studies, charts, worksheets, and graphic illustrations highlighting the different stages of options strategies, from initial purchase through the use of options to "repair" other investments that have fallen short of projected performance. Scott Fullman is a vice president /options strategist at Cowen&Company.
Tomas Sedlacek - Economics of Good and Evil
Tomas Sedlacek has shaken the study of economics as few ever have. This young advisor to Václav Havel was named one of the "five hot minds in economics" by the Yale Economic Review. He now is the Chief Macro-Economist of the largest Czech bank and serves on the National Economic Council in Prague, where his provocative writing has achieved bestseller status and has been turned into a play that continues to sell out the National Theatre. Sedlacek has made economics attractive to an unheard-of variety of audiences: artists, philosophers, politicians, journalists, students, intellectuals, and even people who have absolutely nothing to do with economics enjoy his comments. How has he done it? By breaching the conventional boundaries of economics and arguing a simple, almost heretical proposition: economics is ultimately about good and evil. In _Economics of Good and Evil,_ Sedlacek radically rethinks his field, challenging our assumptions about the world. Economics is touted as a science, a value-free mathematical inquiry, but Sedlacek sees it as a cultural phenomenon, a product of our civilisation. "Even the most sophisticated mathematical model," Sedlacek writes, "is, de facto, a story, a parable, our effort o (rationally) grasp the world around us." To grasp the beliefs underlying economics, he breaks out of the field's confines and find economics in myths, religion, theology, philosophy, psychology, literature, and film. He ranges from the Epic of Gilgamesh and the Old Testament to the emergence of Christianity, from Descartes and Adam Smith to the consumerism of _Fight Club._ In this thrilling, postmodern style, he asks searching "meta-economic" questions about the very soul of economics. Deemed by experts as an impressive advance in "humanomics", Sedlacek places the wisdom of philisophers and poets over strict mathematical models of human behaviour. His groundbreaking work promises to change the very way we think of economics and the way we calculate economic value.
Joe Cribb - Money
Here is an original and exciting look at the diverse world of money. Stunning real-life photography of Egyptian silver, Chinese hole money, Spanish gold, and siege money - as well as today's international currencies - offers a unique "eyewitness" view of money. See the salt money of Ethiopia, what the earliest coins looked like, forged coins and banknotes and what one million dollars looks like. Learn how coins and banknotes are made, why German children used bundles of money as building blocks and why Ancient Greeks put coins in the mouths of dead people. Discover the history of your country's money, where the first paper money was issued and how to detect forged coins. And much, much more!
Tyler G. Hicks - How to Acquire $1-million in Income Real Estate in One Year Using Borrowed Money in Your Free Time
This book shows beginning and experienced real estate investors how, and where, to acquire one million dollars in real estate in one year using borrowed money. Author and real estate expert Tyler Hicks starts with the reasons why real estate is the world's best borrowed-money business, then discusses hands-on ways for any investor to: Choose the type of property to invest in Pick one of 49 mortgages that can finance the property Find loans on the Internet to finance property acquisition Deal with, and obtain funding from, private lenders Use self-starter methods to get the money needed to buy income real estate Get financing even with bad credit/no credit on the investor's record Tap into little-known sources of real estate financing for both beginners and experienced wealth builders Use 100% financing (zero-down) methods to acquire real estate Build wealth almost anywhere with property appreciation Put wraparound mortgages to work to acquire desirable properties Numerous real-life examples of people who have used this system successfully in their spare time are included. To further assist readers in acquiring the income real estate they seek, dozens of sources of funding are included.
Gregory L. Morris - Candlestick Charting Explained
Japanese candlesticks are one of the most important technical tools used in the market. Candlestick Charting Explained demonstrates how candlestick charts can be used to identify and anticipate price patterns in the financial and commodity markets. A comprehensive and authoritative overview, Candlestick Charting Explained describes how to combine candlestick charts with other technical tools to identify profitable trades. Clearly written and illustrated, this is a superb book for any trader who wants to master this powerful trading system. Specific topics include: * Candlestick charts versus bar charts * Philosophy of candlestick pattern recognition * Reversal and continuation pattern recognition * Reversal and continuation patterns using candlesticks * Trading with candlesticks
Gareth Green - Transfer Pricing Manual
Gain a comprehensive guide to transfer pricing theory and practice, from a global perspective. The Transfer Pricing Manual gives you an authoritative practical overview from leading practitioners world-wide. Refer to the practical examples and expert guidance on how things are done in the "real" transfer pricing world. Each chapter looks at the OECD guidelines relevant to that area and examines how they are reflected in practice. Obtain essential insight and clarity with the expert solutions provided to typical problems that arise. The Transfer Pricing Manual is invaluable for its day-to-day practical reference value. Each topic is covered in a comprehensive and seamless manner for ease of reference. This allows you to research specific transfer pricing queries instantly and accurately. Authors are drawn from the key trading areas of Europe, the US and Asia to give a unique global perspective. Practical and comprehensive, the Transfer Pricing Manual is your essential reference guide to transfer pricing theory and practice. Contributors include: Baker Tilly, Ceteris, CMS Bureau Francis Lefebvre, Deloitte, Ernst & Young, NERA, PricewaterhouseCoopers, Rabobank and Transfer Pricing Solutions. Content can be read here: http://www.bnai.com/shop/details1.aspx?id=210
Piskóti István - Rekettye Gábor - Lehota József - Berács József - Marketing Theory and Practice
This volume of the series was compiled by the heads of the marketing departments of Hungarian universities leading in the field of marketing education and research. The authors of the studies and essays that make up this 6th volume of the „Transition Competitiveness and Economic Growth" series dedicate the book to Professor Pál Tomcsányi, a member of the Hungarian Academy of Sciences on the occasion of his 80th birthday. Professor Tomcsányi's name in Hungary is the hallmark of the creation of scientific based marketing. For Hungarian Pál Tomcsányi is what Philip Kotler is for the Americans, Heribert Meffert for the Germans, Peter Doyle for the British, and Matthew Meulenberg for the Dutch. This volume contains thematically grouped essays from the most outstanding Hungarian representatives of marketing science. Part one deals with questions of marketing theory such as change of paradigm in the concept of marketing and the appearance of synergy and value in marketing relationships. Part two deals with regional marketing from the point of view of strategic marketing. A special emphasis is placed on small enterprises, food trade and the costs of advertising. The third part focuses on consumer behaviour with a special emphasis on wine consumption in addition to such topics as price awareness and a change of generations. Consumer satisfaction and the methods of critical cases are discussed in part four which deals with the marketing methods applied in the service sector. The final, fifth part - agricultural marketing - is analyzed from a macro- and microeconomic point of view with an emphasis on quality assurance in the food industry, the agricultural marketing of the Hungarian community and the vertical coordination of producers' co-operatives.
Balaton Károly - Organizational strategies and structures following the system turnaround
The book analyses the evolution of strategies and organizational structures of enterprises in Hungary after the political changes in 1990. The focal issue is to analyse and understand organizational changes in a period of radical political, social and economic turnaround. The book starts with the review of relevant theoretical approaches. Then the methods of empirical research work, the projects and the characteristics of samples are discussed. The major part of the book reports on the findings of empirical research conducted by the author. First the results of the comparative case study research are presented. This includes analysis of formerly state owned companies, newly set-up Hungarian private owned firms and foreign owned firms located in the country. Findings of two large sample questionnaire surveys are also presented. The author developed an overall model for explaining organizational changes during the transformation period. The last chapter discusses challenges and strategic options of companies located in Hungary.
Dan Ariely - Jeff Kreisler - Dollars and Sense
Why is paying for things painful? Why are we comfortable overpaying for something in the present just because we’ve overpaid for it in the past? Why is it easy to pay $4 for a soda on vacation, when we wouldn’t spend more than $1 on that same soda at our local grocery store? We think of money as numbers, values, and amounts, but when it comes down to it, when we actually use our money, we engage our hearts more than our heads. Emotions play a powerful role in shaping our financial behavior, often making us our own worst enemies as we try to save, access value, and spend responsibly. In Dollars and Sense, bestselling author and behavioral economist Dan Ariely teams up with financial comedian and writer Jeff Kreisler to challenge many of our most basic assumptions about the precarious relationship between our brains and our money. In doing so, they undermine many of personal finance’s most sacred beliefs and explain how we can override some of our own instincts to make better financial choices. Exploring a wide range of everyday topics—from the lure of pain-free spending with credit cards to the pitfalls of house-hold budgeting to the seductive power of holiday sales—Ariely and Kreisler demonstrate how our misplaced confidence in our spending habits frequently leads us astray, costing us more than we realize, whether it’s the real value of the time we spend driving forty-five minutes to save $10 or our inability to properly assess what the things we buy are actually worth. Together Ariely and Kreisler reveal the emotional forces working against us and how we can counteract them. Mixing case studies and anecdotes with concrete advice and lessons, they cut through the unconscious fears and desires driving our worst financial instincts and teach us how to improve our money habits. The result not only reveals the rationale behind our most head-scratching financial choices but also offers clear guidance for navigating the treacherous financial landscape of the brain. Fascinating, engaging, funny, and essential, Dollars and Sense provides the practical tools we need to understand and improve our financial choices, save and spend smarter, and ultimately live better.
Fertő Imre - Agri-Food Trade between Hungary and the EU
Hungary is due to become a member of the European Union in 2004. As a precursor to full accession, an Association Agreement, signed in 1991, has promoted partial liberalisation of bilateral trade. The book investigates systematically the pattern of agricultural trade between Hungary and the EU during the 1990s, employing various theoretical concepts and empirical methods.
Niall Ferguson - The Ascent of Money
Bread, cash, dosh, dough, loot. Call it what you like, it matters now more than ever. In "The Ascent of Money", Niall Ferguson shows that finance is the foundation of all human progress and the lifeblood of history. From the cash injection that funded the Italian Renaissance to the stock market bubble that sparked the French Revolution, from the bonds that fueled Britain's war effort to the Wall Street Crash and today's meltdown, this is the story of boom and bust as it's never been told before. Whether you're scraping by or rolling in it, there's no better time to understand the ascent of money. Revised for the paperback edition.
Andrew Ross Sorkin - Too Big to Fail
From The Washington Post From The Washington Post's Book World/washingtonpost.com At 6:30 a.m. on June 6, 1944, U.S. forces began their assault on Omaha Beach as part of the Normandy landings. Casualties among the first wave were horrendous as infantry struggled out of their landing crafts, known as Higgins boats, under intense fire. Incredible acts of individual heroism and great leadership on the spur of the moment eventually saved the day, but not before chaos and death swept the sand. Combat historian S.L.A Marshall described Omaha Beach as "an epic human tragedy which in the early hours bordered on total disaster." At 11 a.m. on Sept. 15, 2008, Lloyd Blankfein pulled up in front of a Manhattan office building to continue working on a way to save his firm, Goldman Sachs. "I don't think I can take another day of this," one of his employees remarked. Blankfein shot back, "You're getting out of a Mercedes to go to the New York Federal Reserve. You're not getting out of a Higgins boat on Omaha Beach." Blankfein was right: Being a Wall Street banker in 2008 was nothing like being a soldier during the Normandy invasion. The financial crisis may have been a once-in-a-lifetime struggle for a group of very well-paid banking executives, but the hardships they endured were long hours, uncomfortable phone calls, and mediocre takeout food. The only thing that JPMorgan Chase and Goldman Sachs had in common with the U.S. forces was that, ultimately, they won: The Wall Street executives kept their jobs, their bonuses and their pensions; they benefited from unprecedented rule changes and unlimited monetary and fiscal support; and their firms became even bigger and more dangerous to the economic health of society. Stephen Ambrose retold the human dimensions of World War II in convincing and excruciating detail. Andrew Ross Sorkin is the Stephen Ambrose for our financial crisis, with the blow-by-blow story of how rich bankers fought to save the Wall Street they knew and loved. The details in "Too Big To Fail" will turn your stomach. The arrogance, lack of self-awareness, and overweening pride are astonishing. Sorkin puts you there -- you see events unfold moment by moment, you hear the conversations, you can sense the hubris. The executives of our largest banks ran their firms into the ground, taking excessive risks that even now they fail to understand fully. But, as these individuals saw it, unless they personally were saved on incredibly generous terms, the world's economy would grind to a halt. This is as compelling as it is appalling. Jamie Dimon, the astute, well-connected and ultimately victorious head of JPMorgan Chase -- a character whose development is revealed meticulously in Duff McDonald's "Last Man Standing" -- told his shareholders' meeting earlier this year that 2008 was probably the company's "finest year ever." He was talking about what you and I call the worst financial crisis since the Great Depression. Sorkin in his general narrative and McDonald in his biography are sympathetic to their protagonists, but the portraits that emerge are not encouraging. Perhaps for this reason, both shy away somewhat from a key point: You can blame the bankers all you want, but it is the government's job to prevent the financial sector (and anyone else) from holding or exercising this kind of power over us. Where was the government? By 2008, our executive and legislative branches had long been deep in bipartisan slumber, allowing vulnerabilities to build up in the form of overspending, rising consumer debt levels and lax (or nonexistent) protection for consumers against outrageous practices by the financial sector. This bigger picture is missing from Sorkin's and McDonald's blow-by-blow accounts, but it is a recurrent theme in "Past Due," by journalist Peter S. Goodman. We can quibble about the relative importance of some details -- such as the role of China's high savings rate in lowering global interest rates and feeding the American credit boom -- in Goodman's highly informative account. But there is no question that politicians either believed that crazy "financial engineering" created a sound basis for sustainable growth or just loved what the financial system could do for them at election time. And, as Sorkin relates, it is hard to escape the conclusion that the rhetoric regarding our supposedly free markets without government intervention just masks the reality -- that there is a revolving door between Wall Street and Washington, and powerful people bend the rules to help each other out. In an illustration of Wall Street clubbiness, Sorkin documents a meeting in Moscow between Hank Paulson, secretary of the treasury (and former head of Goldman Sachs), and the board of Goldman Sachs. As the storm clouds gathered at the end of June 2008, Paulson spent an evening talking substance with the board -- while agreeing not to record this "social" meeting in his official calendar. We do not know the content of the conversation, but the appearance of this kind of exclusive interaction shows how little our top officials care about public perceptions of favoritism. In saner times, this would constitute a major scandal. At moments of deep crisis, understanding what influences policymakers and having access to them can help a firm survive on advantageous terms. Goldman Sachs was saved, in large part, by suddenly being allowed to become a bank holding company on Sept. 21, 2008. Our most senior government officials determined that the United States must allow Goldman to keep its risky portfolio of assets, while offering it essentially unfettered access to cheap credit from the Federal Reserve. In rescuing a crippled investment bank, the Treasury created the world's largest government-backed hedge fund. In the face of these developments, Andrew Haldane, head of financial stability at the Bank of England, has become blunt about the way our banking system interacts with (and rips off) taxpayers. In a recent paper that represents the straightest talk heard from the official sector in a long while, Haldane puts it this way: The government may say "never again" to bailouts, but when faced with the choice to either "rescue big banks or allow the world economy to collapse," it will reasonably choose the route of rescue. But, knowing this, the people running our biggest banks have an incentive to take more risk -- if things go well, bank executives get the upside, and if there's a problem, the taxpayer will pick up the check. If a financial sector boss wants greater assurance of a bailout, he or she should make bigger and potentially more dangerous bets -- so the government simply cannot afford to let that bank fail. This, Haldane argues, is our "doom loop" -- big banks know they can get away with the same behavior (and more) again, and we are doomed to repeat the same boom-bust-bailout cycle. A long time ago, President Andrew Jackson's private secretary, Nicholas Trist, described the Second Bank of the United States, the last financial institution to seriously challenge the power of the president, thus: "Independently of its misdeeds, the mere power, -- the bare existence of such a power -- is a thing irreconcilable with the nature and spirit of our institutions." Unless and until we break the political power of our largest banks, the middle class will be hammered down. Whose taxes do you think will be raised to reflect the costs of repeated financial shenanigans? The financial sector will become even richer and more powerful. If you didn't like where inequality in the United States was already heading, wait until you see the effects of this recession. The most significant result of the financial crisis is the emergence of six large banks that are undoubtedly too big to fail and therefore enjoy a strengthened government guarantee; Goldman, JPMorgan, Citigroup, Bank of America, Wells Fargo and Morgan Stanley are the beneficiaries of the doom loop. The most significant non-result is the fact that no comprehensive legislation has yet been passed to reform the financial sector. Without really serious reform, we have every reason to start counting down to the next financial crisis, and to the next fleet of Mercedes lining up before the New York Fed.
Henry Hazlitt - Economics in One Lesson
Considered among the leading economic thinkers of the Austrian School, Hazlitt has been credited as a fundamental influence on modern advocates of free-market capitalism. Concise and instructive, his prescient text dissembles economic fallacies that have become so prevalent they are almost a new orthodoxy. Hazlitt's focus on nongovernmental solutions, his strongly reasoned antideficit position, and his general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been for decades.
Radványi Tamás - Görgényi István - English for Business and Finance
"English for business and finance is an intermediate-to-advanced level coursebook for Hungarian students. It encompasses a wide range of business-related topics including, among other things, economics, banking, taxation, and insurance."
Dominick Salvatore - International Economics
Back in its tenth edition, Dominick Salvatore’s International Economics presents a comprehensive, up-to-date, and clear exposition of the theory and principles of international economics that are essential for understanding, evaluating, and suggesting solutions to the important international economic problems and issues facing the United States and the world in this age of globalization. Neither overly complex nor too simplistic, it helps students see the immediate relevance and importance of the material and contains an unparalleled number of real-world applications and examples.