Trading Books

Many designs, grafts are shown next to stitched designs. Great project and color suggestions.

This author is a genius of our time! Scholarly and erudite. The world will not be the same place for me after reading this book.

The author has examined investing from many different angles to provide you with access to helpful investment information that you would probably never find otherwise. When you do searches for investment related sites, you get back thousands of references. Using this guide, you can pick a few outstanding sites in areas you are interested and investigate them to find the one or ones that best fit your needs.

For stocks, this book tells you where to find out about each market in the world, stock picking and trading strategies (including day trading), research and analysis, IPOs, and quotes. A similar level of detail is available for bonds, options, commodities, and mutual funds. Other sections cover important topics like money management (debt, savings, financial planning, tax planning, banking, and insurance), on-line security, and investment clubs.

Each section lists a large number of sites. You can obviously go to all of them if you want to. But for some, a brief summary is provided in the back of the book. These are marked, so you can decide if you want a little more information before going to a site. Probably, though, it would be faster just to go to the site. One of the beauties of this information is that it will save you a lot of clicking, because you get the right page reference for the part of the site that you are interested in. That was really neat!

In all but a few sections, the author has picked out 1-3 as an "Editor's Choice Site" meaning that these are more highly recommended. Many of these are reproduced in the book so you can get a sense of what's there. This can save you futher time.

I spend a lot of time looking at investments on the Internet, but this book introduced me to a large number of helpful sites that I had not been to before. If I make just one invetment better, the price of the book will be a pittance compared to the benefit.

If you are an investment beginner, I recommend that you read books like Rich Dad, Poor Dad; How to Buy Stocks; ChangeWave Investing; and Common Sense about Mutual Funds before using this wonderful guide.

If you are an experienced investor, dive right in. Undoubtedly, there is some part of investing that you are skimping on. With these on-line resources, you can fill in those gaps profitably. My one quibble with the book is that it could have done a little more to make it clearer about which sites are free for which services, and what you have to pay for. In general, this is described, but being a cheap investor (see my review of Scrooge Investing) I just like to use the free resources. So I will spend some time here at sites that cost money, before realizing that I need not return.

Obviously, a book like this will quickly become obsolete, so get it now and use it now!

After you start using this great guide, I suggest that you think about other areas in your life where you may not be fully using on-line resources. How about career planning, job hunting, starting a business, buying items you use everyday, planning trips, getting custom products, and solving problems? You should then find ways to make the Internet help you in those areas as well. Otherwise, the loss is yours! The Internet can provide the basics for developing many 2,000 percent solutions!

After reading this pre-publication edition, we were very impressed. As a small bookseller, we are rather discerning as to what books to choose for our inventory ~ and this book will definitely be a standard in our store.

If you are looking for 1) practical and useful ideas about how to "think" prosperously; 2) how to keep a journal tracking your thoughts about prosperity and achievement while you take this new path; 3) a way to incorporate being prosperous in your own fashion, while still having a sense of spirituality ~ then this book is for you.

Author Webb is very adept at incorporating a sense of personal wealth, along with a feeling of personal spirituality. She reminds us that they go hand in hand ~ if you don't feel prosperous, your spirituality suffers along with every other aspect of your life as well. Webb gives the reader "permission" shall we say, to be prosperous, while still maintaining a level head.

For instance ~ she asks the reader, just how much is enough? How much is enough for you? A personal and individual question, but more importantly, the answer is just as personal and individual to you. Not how much your friend makes, your family, sports stars, famous people ~ but what "you" want to make. Then she takes you on a step-by-step path to incorporate the unique beliefs that will take you where you need to go to fulfill your goals.

A very well done book. We recommend it strongly.

This book is very easy to follow and explains lots of concepts critical to understanding the stock market. Concepts like: program trading, diversification, mutual funds, risk analysis, random walk theory, how "baskets of stocks" are constructed, hedging - including index future sales, greater fool theory, and much more.

What happened in the stock market "break" of black monday in 1987? Is program trading actually to blame for increased volatility in the markets? How and why are baskets of stocks traded? Why is it so difficult for fund managers to consistently beat the market? Can anyone expect to consistently beat the market? This book gives well documented answers to these questions and many others.

My dad wrote this book and its great!

Modern technology and the internet have made securities trading available 24 hours a day, every day, around the world. The three biggest securities markets (Tokyo, New York, London) trade world securities with one market closed and another open all around the clock. This has proved both a boon and bane to individual investors and has increased the problems of insider trading in recent years. Insider Trading And The Twenty-Four Hour Securities Market discusses the problems of transnational insider trading, legal systems traders can employ to avoid sanctions for a particular country, and whether or not the global financial community should prohibit insider trading. Shen-Shen Lu concludes by offer a proposal to resolve transnational insider trading problems that is both thoughtful and persuasive. Insider Trading And The Twenty-Four Hour Securities Market is "must" reading for investors, fund managers, policy makers, financial community authorities, and regulatory staff.

Book Review: Insider Trading

Insider Trading by Jonathan R. Macey is a special analysis on insider trading. It presents different perspectives that explain the prohibition of insider trading, and the way it affects various aspects of life on the stock market. In particular this book analyzes insider trading as a whole from the view of Economics, Politics, and Policy.

In the first part of the book the author reviews briefly the early history of the regulation of insider trading. He tells the reader various anecdotes involving the congress, the supreme court, and the investors. He also explains various laws which have regulated insider trading. He also lays out the problem of conflicts of interest between the shareholders and managers as it relates to insider trading. Finally the author underscores the importance of understanding insider trading from an economic viewpoint for the investors, from the political viewpoint for Congress, and from the Policy viewpoint for the Securities Exchange Commission which regulates trading on the stock market.

In chapter two, the author presents us with the important principles of economics that are relevant to insider trading. The investors who trade securities should have the ability to dispose their securities at short notice and at the least cost. Such an ability makes the stock market economically efficient for all investors. Specifically the author defines Insider Trading as based on private information which is like property.

In chapter three, the author makes fine distinctions between small investors and large institutional investors as they relate to insider trading. Insider information can give an undue advantage to insiders and other bigger investors who can purchase information. This puts the small investors at a considerable risk and disadvantage. The author presents the trade off between higher salaries and the benefits from insider trading for senior managers. Such a trade off results in an overall enhancement of shareholder wealth.

In chapter four, the author focuses on redressing the problem of disadvantage for the small investors who do not possess insider information. Since this is not fair, Congress protects the small investors by promulgating laws that ban insider trading. The author details the case of Chiarella that clarifies the law. The author describes the political conflicts between the executive arm of the government, namely the Securities Exchange Commission, and the judicial arm of the government, namely the Supreme Court. Chapter five is the theoretical core of the book with extensive discussion of insider trading and its relationship to other concepts such as fairness, welfare and equality of information. In fact, insider trading cannot be labeled either unfair or inefficient unless it harms investors. Nor does insider trading undermine investor confidence in the stock market if such trading maximizes the value of a firm. The author presents a balanced view on both the positive benefits and inimical consequences of insider trading.

Chapter six provides an overview of the Policy framework that the Securities Exchange Commission has to implement to prohibit insider trading. The author describes various rules, for example Rule 10b-5, of the Securities Exchange Act with succinct explanations of the underlying rationale for each rule. The author uses the cases of Chiarella and Dirks to describe the Supreme Court interpretations of the Policy framework for the Securities Exchange Commission. This chapter is an excellent summary of the prevailing law of insider trading in the US.

If there is one lesson to be learned from this book, it is that insider trading constitutes the theft of company property (though the property is information). However, such inside trading cannot constitute the theft of company property if such trading is conducted with the consent of the firm that owns the information and such trading occurs under the Policy framework of the Securities Exchange Commission.

This book is an excellent analysis on insider trading from the viewpoints of Economics, Politics and Policy. It helps the reader not only know what insider trading is, but understand the ways in which it affects life in the stock market. I highly recommend this book to anyone looking for an analytical overview of insider trading.

* This book review was done as part of a class project under the tutelage of my 8th Grade English teacher, Mr. Chad Reynolds. The review benefited from his comments.

"Instant Impact" is definitely the best of the Trading Spaces books! They have a great ideas and wonderful photos from the shows. Another great book is Martha Stewart's "Decorating with Color." Sadly, I was disappointed by HGTV's "Before and After."

This book was great because it read like a novel. It contained a wealth of knowledge while being easily accessable. Two mistakes in the first couple of pages caused some hesitation in granting 5 stars.
P.29 refers to the "Norin Chunkin Bank" however there is no 'n' in the word "Chukin".
P. 40 refers to the "Sumitomo Mitsubishi Banking Corporation" however the bank resulting from the merger of Sumitomo and Sakura is "Sumitomo Mitsui Banking Corporation"