Matthew Hart is a veteran writer and journalist, and author of seven books, including the award-winning Diamond. His work has appeared in The Atlantic Monthly, Granta, the London Times, and The Financial Post Magazine. He was a contributing editor of the New York trade magazine Rapaport Diamond Report, and has appeared on 60 Minutes, CNN, and the National Geographic Channel. He lives in New York City.
In this updated second edition of Investing: The Last Liberal Art, Hagstrom explores basic and fundamental investing concepts in a range of fields outside of economics, including physics, biology, sociology, psychology, philosophy, and literature. He discusses, for instance, how the theory of evolution disrupts the notion of the efficient market and how reading strategies for literature can be gainfully applied to investing research. Building on Charlie Munger's famous "latticework of mental models" concept, Hagstrom argues that it is impossible to make good investment decisions based solely on a strong knowledge of finance theory alone. He reinforces his concepts with additional data and a new chapter on mathematics, and updates his text throughout to reflect the developments of the past decade, particularly the seismic economic upheaval of 2008. He has also added a hundred new titles to the invaluable reading list concluding the book.
Praise for the first edition:
"I read this book in one sitting: I could not put it down."—Peter L. Bernstein, author of Against the Gods: The Remarkable Story of Risk
"Elegant and irresistible. Robert G. Hagstrom makes the complex clear as he confidently crisscrosses through the disciplines of finance, biology, physics, and literature. The only way to understand investing better, [Investing] shows, is to understand the world better. Ideas spark off the page at every turn. This is simply a gem of a book."—James Surowiecki, New Yorker
"Investing is a brisk and engaging read, and it is a pleasure to be in the presence of Hagstrom's agile mind."—International Herald Tribune
Michael doesn't understand why he was chosen to play this important role, nor does he know why Sun is so determined to see him dead. But to find out, he will first have to survive not just one attempt on his life, but an unrelenting barrage that has never failed to end in the death of the target. His only hope is to entrust his fate to an old friend whose company provides personal high-tech protection that is almost as impressive as the forces arrayed against him.
A future world of aerocars, net glasses, and neural cyberware provides the backdrop for this timeless tale of good and evil, love and revenge, truth and mystery. Dave Swavely's Kaleidocide is filled with a kaleidoscope of colorful characters and thrilling action that will make readers' hearts pound and minds race at the same time.
Trend Following reveals the truth about a trading strategy that makes money in up, down and surprise markets. By applying straightforward and repeatable rules, anyone can learn to make money in the markets whether bull, bear, or black swan—by following the trend to the end when it bends. In this timely reboot of his bestselling classic, Michael Covel dives headfirst into trend following strategy to examine the risks, benefits, people, and systems. You’ll hear from traders who have made millions by following trends, and learn from their successes and mistakes—insights only here. You’ll learn the trend philosophy, and how it has performed in booms, bubbles, panics and crashes. Using incontrovertible data and overwhelming supporting evidence, with a direct connection to the foundations of behavioral finance, Covel takes you inside the core principles of trend following and shows everyone, from brand new trader to professional, how alpha gets pulled from the market.
Covel’s newest edition has been revised and extended, with 7 brand new interviews and research proof from his one of kind network. This is trend following for today’s generation. If you’re looking to go beyond passive index funds and trusting the Fed, this cutting edge classic holds the keys to a weatherproof portfolio.Meet great trend followers learning their rules and philosophy of the gameExamine data to see how trend following excels when the you-know-what hits the fanUnderstand trend trading, from behavioral economics to rules based decision-making to its lambasting of the efficient markets theoryCompare trend trading systems to do it yourself or invest with a trend fund
Trend following is not prediction, passive index investing, buy and hope or any form of fundamental analysis. It utilizes concrete rules, or heuristics, to profit from a behavioral perspective. Trend Following is clear-cut, straightforward and evidence-based and will secure your financial future in bull, bear and black swan markets. If you’re finally ready to profit in the markets, Trend Following is the definitive treatise for a complex world in constant chaos.
Deploy a rock-solid data backup and disaster recovery strategy with the in-depth guidance of this authoritative volume. From the exclusive publishers of Oracle Press books, Oracle Database 10g RMAN Backup & Recovery shows you, step by step, how to set up RMAN-ready databases, create reliable backup tapes and discs, and perform accurate Oracle system restores. Find out how to use RMAN from the command line and from Enterprise Manager, generate meaningful lists and reports, and automate administrative tasks using third-party media management tools. Plus, you'll learn to perform incremental backups, Flashback recoveries, and database cloning.Set up, configure, and maintain Oracle Database 10g RMAN Use RMAN recovery catalogs, target database packages, and control files Centralize backup tape management using Oracle Secure Backup Perform online, offline, and incremental system backups Monitor and tune performance with Enterprise Manager Grid Control and Database Control Accomplish complete and partial RMAN database restores Improve functionality using VERITAS NetBackup, EMC NetWorker Module, and Tivoli Storage Manager Overcome human errors using Flashback Versions Query and Transaction Query Create clone and standby databases from tape and disc backups Work with Real Application Cluster (RAC) databases and sync-and-split hardware technologies