E Books
Related Subjects: Eddings, David Erb, Elke Elizabeth, Kim Eakins, Patricia Eady, Cornelius Eddison, E. R. Emanuel, Lynn Ellison, Ralph Erdrich, Louise Eluard, Paul Ellison, Harlan Eco, Umberto Eliot, T. S. Esquivel, Laura Earls, Nick Elmslie, Kenward Eichendorff, Joseph von Ellis, Normandi Emery, Clayton Edson, J. T. Elytis, Odysseus Espriu, Salvador Ettinger, Nancy Ernaux, Annie Edgerton, Clyde Eidus, Janice Erickson, Steve Endo, Shusaku
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Some Good: Lots of HypeReview Date: 2008-03-16
The simple way to investReview Date: 2007-07-08
Larry has strong feelings about his subject, so if you're not doing his way, he will tell you about the "loser's game" you're playing. Hopefully you'll get it.
More people should tune in passive investing.
Take the Gambling out of InvestingReview Date: 2007-07-02
It essentially says investing in individual stocks is speculating (gambling), not investing. Over the long haul, individual investors (event the top fund managers) don't beat the overall market.
Invest in the S&P 500 or other major index and you will build a fine nest egg for retirement, according to the book.
This is not a book for someone who wants to double their money in 2 years. It is for the person who wants to turn $100,000 into $800,000 in 21 years (assuming 7% returns that double your money every seven years). Not a bad end for an extremely diversified and responsible investment plan.
So if you are 44 years old, and you have $200,000 to invest, you could safely build it to $1.6 million when you turn 65, if this book is correct. I think it is.
Easily one of the Top 10 Investment books of all time...Review Date: 2007-03-06
He distills and presents a lot of Finance research in this book in a very very readable form. The advice in this book is timeless. Among many other things, this book has the best discussion of the equity value premium.
For around 10 bucks, the price of 2 (maybe three lattes), the average (even advanced) investor can get an education that will serve him/her well for the rest of their investing lifetime.
Looking forward to Larry's next book.
Another Swedroe ClassicReview Date: 2006-05-28
I read all 4 of Larry Swedroe's stock investing books in the last few weeks, and although they are excellent books and I agree with most of his recommendations, he tends to re-use the same information in each book. To keep this book straight in my mind, compared with the other 3 books, this review is structured along his Outline of the book.
Truth 1: Active Investing Is a Loser's Game: It Must Be So
Larry lays out the case why active investing always loses to passive investing.
Truth 2: The Past Performance of an Actively Managed Fund Is a Very Poor Predictor of Its Future Performance
He does a good job of citing many studies demonstrating that past performance is not a good predictor of future performance.
Truth 3: If Skilled Professionals Don't Succeed, It Is Unlikely That Individual Investors Will
Truth 4: The Interests of Wall Street and the Financial Media Are Not Aligned with Those of Investors
He points out why passive investing is not promoted by Wall Street and the financial media.
Truth 5: Risk and Reward Are Related: Great Companies Provide Low Expected Returns
Truth 6: The Price You Pay Matters
Truth 7: The Most Likely Way to Achieve Above Average Returns Is to Stop Trying to Beat the Market
Truth 8: Buying Individual Stocks and Sector Funds Is Speculating, Not Investing
Truth 9: Reversion to the Mean of Earnings Growth Rates Is One of the Most Powerful Forces in the Universe
Truth 10: The Forecasts of Market Strategists and Analysts Have No Value, Except as Entertainment
Truth 11: Taxes Are Often the Largest Expense Investors Incur
Truth 12: Knowledge of Financial History Is Critical to Successful Investing
Truth 13: Adding International Assets to a Portfolio Reduces Risk
Although I agree with the author's claim that foreign stocks help reduce portfolio risk, I do have trouble believing or following his recommendation of 20 to 40% asset allocation in foreign stocks. I feel more comfortable with a 10 to 20% allocation to foreign stocks.
Truth 14: There Is No One Right Portfolio, but There Is One That Is Right for You
He points out that investing is not an exact science, and the optimum portfolio is difficult to achieve. Each person must get comfortable with the risks and complexity of their allocations. He also gives a convincing argument for skipping mid-cap stocks in favor of only small and large cap stocks.
Conclusion
A: The Enron. Debacle: Lessons to Be Learned
It was interesting to see how some of the supposedly smartest brains in the investing world loaded up on Enron stock, including the Janus funds.
Appendix B: More Investment Truths You. Must Know to Be a Successful Investor
Appendix C: Investment Vehicle Recommendations
Great list of investment choices to implement you asset allocation plan.
D: The Home Financing Decision:To Borrow or Not
Nice analysis of an issue than many investors struggle with. He combines a nice financial analysis with the "able to sleep at night" test.
All-in-all, a great book for serious investors who manage their own portfolios. To me, his four books are very similar. If you choose one of the four books to read, I think you will get 90% of his message versus spending the time to read all 4 books.
I would suggest companion books to supplement this book including The Richest Man in Babylon, Bogle on Mutual Funds, The Millionaire Next Door, The 4 Pillars of Investing, A Random Walk Down Wall Street, Index Mutual Funds: How to Simplify Your Life and Beat the Pros, the Coffeehouse Investor, and the Bogleheads Guide to Investing.

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Fun, easy, and interestingReview Date: 2007-07-16
Must Read for all EducatorsReview Date: 2006-05-01
Parents should read it, too.
Former educator
A Super Book!Review Date: 2006-11-11
The book was a pleasure to go through! Not academic and heavy and boring, but a fun, informative read. Filled with great quotes, illustrations, internet links, practical information--heavy-duty reality--the structure itself is an example of facilitated learning.
In a sense, the book is a portal: one opening up a host of resources for the mind. Walsh points the reader to all kinds of ways for producing change. We learn how to break negative patterns and how to experience more productive and satisfying lives. He shows us how to best learn--and teach--a second language. He writes about brainstorming, about effectively influencing others, about real listening. We learn how we learn: what works and what doesn't.
It's a handbook for the human brain. I learned a lot by reading it. And I'm learning a lot by checking out some of the other sources referred to. If "unleashing your brilliance" is one of your goals, here's definitely a book to read.
Unleashing YOUR BrillianceReview Date: 2006-03-30
1. "I tried" is a cop-out. It is an escape hatch. "Try" is one word you should work on removing from your vocabulary.
2. "I will" tells the subconscious mind to not act on something since it only operates in the "NOW". Remember that when you are making affirmations or writing goal statements.
3. Exercise enhances memory, improves reaction times and aids in the generation of unique and spontaneous ideas.
4. Self-master is a lot like poker, you need to know when to learn new skills, when to hold on to beliefs that serve you and when to let go of beliefs that do not serve you.
5. People with high self-efficacy choose tasks that are more demanding. They set higher goals, put in more effort and persist longer than those who are low in self-efficacy.
6. Emotional Intelligence is a completely learned phenomenon that helps people excel in life and have flourishing relationships and careers.
7. The words "always" or "never" indicate a false statement.
8. Whatever is strongly believed becomes reality.
9. Anything can be learned if it is broken down into smaller units. There are no mistakes, only outcomes and no failures, only lessons.
10. If something can be learned by anyone else in the world, it is possible for you to learn (something my Grandmother always told me).
11. Photoreading is something more people should explore and put effort into learning.
12. The Vivaldi I played when my son was very young may have improved his recall by at least 25 percent.
If you think these twelve things are valuable, you should see the things in this book that I did not include in the list. Overall, "Unleashing Your Brilliance" offers a clearinghouse of information and is enough to get you started and to whet your appetite for more. This book, written in language simple enough for the average person to understand, gives enough information for even those already practicing many of the topics to find it valuable.
Tapping into Human PotentialReview Date: 2006-11-07
I'm drawn to self-help books that explore the human mind. I think the science of human understanding is vastly changing. Brian points out in his book that more progress has been made in understanding the human brain in the past five years than we had in the preceding decades. Imagine what we will know in five more years.
The techniques Brian introduces to stimulate thinking, creativity and learning are helpful. I used several of them before writing this review. I pinched my right nostril to get more oxygen to my creative, right brain. I cross-crawled (left elbow to right knee, right elbow to left knee) to improve my focus and concentration. I tapped my K 27 to increase the blood flow to my brain.
The book is targeted for teachers, parents and students wanting to improve performance. It is also designed for corporate HR personnel wanting to better understand how employees learn in the workplace. I recommend this book for anybody who has an interest in the human mind and its potential.


Fantastic ! A must read ! Breakthrough thinking !Review Date: 2002-03-29
shareholders. In other words, they should read this book cover to cover right away ! The people who worked on this book, like Mr. Matthew Wissell, who leads the Value Reporting practice in PricewaterhouseCoopers' New York office, should be highly commended for such a fine piece of work !
Fantastic ! A must read ! Breakthrough thinking !Review Date: 2002-03-29
shareholders. In other words, they should read this book cover to cover right away ! The people who worked on this book, like Mr. Matthew Wissell, who leads the Value Reporting practice in PricewaterhouseCoopers' New York office, should be highly commended for such a fine piece of work !
Good "second book" on accounting reformReview Date: 2002-08-01
A Call to ArmsReview Date: 2001-04-07
The problem with this is that it is in violation of the spirit (if not the law) of the yet to be enforced SEC Fair Disclosure Act which states that Sally Q. Public gets to know material information the same time that John Q. Analyst does.
"ValueReporting" does offer a practical solution through XBRL technology. As a member of XBRL.org I strongly agree with the authors that if business reporting, both financial and non-financial, is standardized, Web technologies are in place to distribute this information uniformly to all investors and in a richer format than at present. With the gentle prodding of regulatory agencies like the SEC and FDIC, this will happen sooner rather than later. Let's hope that SEC Chairman Unger reads this book, and fast.
For me as a consultant and a technologist "who can spell XBRL", The ValueReporting Revolution was a call to arms to apply my knowledge to the inequities of financial reporting. Helping clients sell their wares over the Web is nice, but to level the financial playing field for small companies as well as large, for the small investor as well as the institutional, is ennobling. And forcing Wall Street analysts to actually work for a living, would be, well, just icing on the cake.
Pass Go & collect $200 for this short cut to the futureReview Date: 2001-03-14
The book's thesis is that the investors of the future will reward companies for such transparency - in other words, those companies that understand, measure and publish information about leading indicators such as growth of market share as well as lagging indicators such as profit will be better rated than their competitors, other things being equal.
This is pretty controversial stuff. After all, if you're the CEO or CFO of a major global multinational that's just announced on-target quarterly earnings, but your (currently confidential) internal leading edge indicators say that your market share is starting to fall, how exactly are your investors going to react if you decide to be brave enough to tell them all about it?
There is clearly something of a problem here and I refer to it as the Paradox of the World's Bravest Customer. You don't know who that was? I think it was the guy who bought the world's first fax machine. Think about it.
So undoubtedly there'll be some short-term pain for the pioneers, but once the markets start to see that a core group of innovative firms has the courage to disclose this kind of information (whether good or bad) then it's obvious that this disclosure will reduce the risks involved in these investments. And as John Maynard Keynes pointed out in 1910:
"What would be a risky investment for an ignorant speculator may be exceptionally safe for the well-informed expert. The amount of risk to any investor practically depends, in fact, upon the degree of his ignorance respecting the circumstances and prospects of the investment he is considering." *
The book is all about the revolutionary implications that follow through from this 90-year old observation. Whether you agree with the thesis or not, it will change the way you think about corporate information, business management and investor relations. I recommend it highly to CEOs, CFOs, IR heads, financial analysts and auditors, business school students and indeed to anyone embarking on a career in these areas.
Robert Bittlestone: Managing Director, Metapraxis - London & New York
* JM Keynes: Hopes Betrayed 1883-1920 by Robert Skidelsky (Vol 1); Ch. 9 Economic Orthodoxies. Skidelsky is quoting in turn from the "Collected Writings of JMK": xv 46-47....

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Deserves to be translated into SpanishReview Date: 2000-01-11
Excellent book and good web referencesReview Date: 1999-10-26
The author is a very skilled and balanced teacherReview Date: 2000-07-03
Such a wonderful bookReview Date: 2000-01-11
should be named:the! vitamin e book!Review Date: 2000-05-24

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Down to EarthReview Date: 2002-11-30
Sensitive and up liftingReview Date: 2002-08-10
I bought the book for my mother thinking she would enjoy reading it, but got hooked on the first chapter. I read the book, then bought another for my mother, who could relate to many of the stories. I too, was molested at a very young age, and I am happy to see that a book can treat this topic with such sensitivity and candor.
Thank youReview Date: 2002-08-10
Thank you Carol and Michelle, I can imagine it wasn't easy to write with such candor.
DynamiteReview Date: 2002-08-10
old, engaged, I will get married in June of 2003. My fiancee made me read it. she didn't like hold a gun to my head, but she made me read it. I loved it. It is not a chick book, but it's about two awesome chicks who say it down and like it is.
A GIFTReview Date: 2002-08-10

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Great InformationReview Date: 2008-04-28
EssentialReview Date: 2008-01-25
Great ReferenceReview Date: 2007-07-03
Great ResourceReview Date: 2007-02-18
Must have resource for new officersReview Date: 2007-01-10

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A Quest For Personal EmpowermentReview Date: 2008-05-02
Ingrid Bacci provides well developed practical approaches to creating an 'effortless' lifestyle.
Connection to the Higher Self is important along with various practices to develop physical and emotional awareness.
Also read:
Nexus: A Neo Novel
Change Your Thoughts - Change Your Life: Living the Wisdom of the Tao
a must readReview Date: 2008-03-29
Live in Ease, To avoid diseaseReview Date: 2008-01-24
I highly recommend this book it is a jewel and will guide you on a new path of effortless living that brings joy and well being into each moment. I hope that she writes another book, her input and the way she writes is like listening to a dear friend who has your best interest in mind. Awesome book, I have highlighted it and will treasure it and go back to it for inspiration many times.
Very Good Book for Helping with Life/Work TransitionsReview Date: 2007-12-07
Effortless in every way! Higly Recommended Book!!!!!!!!!!!!!Review Date: 2002-04-02

Baby E.R,: The Heroic Doctors and Nurses Who Perform Medicine's Tiniest MiraclesReview Date: 2007-01-17
Simply ExcellentReview Date: 2004-02-05
wonderful book, even for those without the nicu experienceReview Date: 2002-11-03
I agree with Oprah -- a great readReview Date: 2002-07-08
Inspiration!Review Date: 2003-11-11

Poetry I like.Review Date: 2008-04-02
We love it!Review Date: 2008-02-05
We love it!Review Date: 2008-02-05
The Hobo PhilosopherReview Date: 2007-09-06
ONE OF MY FAVORITESReview Date: 2006-09-10

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Inclusion, teamwork and happines at workplaceReview Date: 2006-08-05
Really enjoyed reading "Creating We"Review Date: 2005-12-19
Book supports concept with excellent examplesReview Date: 2006-05-15
Instead, the author shows the difference between I-thinking and WE-thinking and provides tools for leaders to use while working toward WE-thinking and changing the organization's culture. It takes time, patience, and practice to make a change.
Judith E. Glaser's life turned upside down when she fought and won a battle with cancer. Her husband, president of a pharmaceutical company working on a cure for cancer, worked with the idea of reminding cells how to be normal, which in turn makes them healthy. Her battle, her work, and her husband's work led her to discover that cancer cells and toxic organizations have much in common. "Healthy cells" and "healthy organizations" succeed when they work together as a whole instead of separately.
Creating We consists of three elements for changing organizations from I-thinking to WE-thinking. "Believing WE" is about changing attitudes and beliefs in organizations and how employees should behave. "Learning WE" is about getting rid of old beliefs like the manager is in charge and that employees shouldn't speak up and adapting a healthy exchange of ideas between managers and employees. "Becoming WE" means changing the thinking and responding from I to WE.
The book provides many questions for managers to ask and explore as they go through their "I to WE" journey. Don't expect a speedy and painless adventure as the book covers a lot of material. Adopting "WE" means changing your way of thinking, conversing, and behaving. Companies that transform their cultures from "I" to "WE" experience side effects of innovation, cooperation, open conversations, and overall good health.
Executives and managers who study and reference the book's concepts, questions, and adopt the "WE-centric" thinking and philosophy will help their companies get the most out of every employee and enjoy success.
A clear manual on organizational attitude improvementReview Date: 2006-04-05
It All Begins With YouReview Date: 2005-08-03
· "You can't lead until you know yourself."
· "We are all connected through our emotions and our energy."
· "We are all connected through our families, organizations and communities."
· "We are all connected through our beliefs we hold about the world."
· "We are connected at the heart and at the head."
In "Creating WE..." Judith Glaser has given us truth that applies to all phases of life. It is one of the best books I've ever read about leading, and I recommend it as a must read for anyone that aspires to be a transformational leader. Judith takes us on a journey of understanding culture and what it takes to create a healthy culture that transforms an organization from one that is just getting by, to one that thrives and accepts new challenges head on. She tells us, in very simple terms, that the highest potential of any organization is achieved through the nature of the relationships within. She shares some interesting anecdotes, teaches us the steps to take to become WE-centric and finally tells us what to expect as we begin living the life of a WE-Thinking leader. Don't miss this opportunity for personal growth.
Related Subjects: Eddings, David Erb, Elke Elizabeth, Kim Eakins, Patricia Eady, Cornelius Eddison, E. R. Emanuel, Lynn Ellison, Ralph Erdrich, Louise Eluard, Paul Ellison, Harlan Eco, Umberto Eliot, T. S. Esquivel, Laura Earls, Nick Elmslie, Kenward Eichendorff, Joseph von Ellis, Normandi Emery, Clayton Edson, J. T. Elytis, Odysseus Espriu, Salvador Ettinger, Nancy Ernaux, Annie Edgerton, Clyde Eidus, Janice Erickson, Steve Endo, Shusaku
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The trouble is that one gets the sense that only Mr. Buffet has ever made money buying individual stocks. Apparently everyone else has failed. This book seems to cherry pick studies to make its point, but in the end it contradicts itself. One of the main reasons the author provides for the fact you will not make money buying individual stocks is the you are fighting an efficient stock market. Apparently if you believe you think a stock is priced too low, the efficient stock market proves you wrong. Everyone else has voted with their money as to the price of the stock...and therefore you will lose.
In making this point the author overlooks the points he makes in the latter part of the book that contradict his earlier "efficient market" theory. He talks about the herd mentality of the market, which makes the herd head in the wrong direction. Well, I guess the market is not so efficient after all. Everyday we see the market overreact to good news and bad news, causing wild swings in stock. If a stock is worth $48 one day, and $31 dollars the next day, then climbs back to $43 dollars...then the market is not so efficient.
Recently we've seen Apple fall from $190 to $120 and climb back to $150 in the span of 4 or 5 weeks. To me this means the market is not efficient. Yet that is one of the central contentions of the book.
I think you can ignore the gloom and doom about investing in individual stocks...as it is based on a mixture of good points intertwined with drivel. But the authors advice concerning the strength of index funds and diversification is very sound. So if you only get that point from the book, than the author has done well.