Bernstein Books

This book has been described as "A comprehensive introduction to trading single stock futures..." I have to disagree. The title implies that the book is a tutorial on how to trade. It would be better titled "An Overview of Basic Trading Concepts and an Introduction to the Concept of Single Stock Futures?"

I am new to trading and have been reading books for the past six months on the topic. While the author is a well-published industry expert who obviously knows his stuff, this book should have been a pamphlet. Of the 14 chapters 13 cover topics related to stock futures but not specifically about how to trade them. (technical analysis, charting, the importance of discipline, spreads, etc. are covered). If you've never read a book about trading you may get more out of it than I did. If on the other hand you are experienced I suggest you go to a bookstore and browse Chapter 14 to review three of the author's trading techniques.

For the newbie there are a few nuggets spread throughout the book but all in all I found the book lacking in any new substantive info, especially with regard to "how to trade" SSF's. Perhaps I am jaded a bit since I already understand general technical analysis and trading concepts. For what it's worth the book is a quick read. If you really want to learn about SSF's got to the CBOE web site or a site like Lind-Waldock to find out more.

This is a cliff's note version to a complicated area of law, which can be read during a short cab ride. It does not go into detail on any particular issue and instead is merely a general overview. If you know enough to want to read about ESOPs, then this book will not quench your thirst for knoweldge on this subject.

Among all the terrible accounting textbooks known to students, this one tops it all. Advanced accounting is a hard subject and that's why it's more important to have a good text to aid students going through the subject. This text will make the learning process even harder for students, thanks for its bad English, badly organized style, bad examples, tediously long wordings, and outdated data and accounting principles. I remember the professor who taught the course told us : whoever actually finished reading this deserves a metal.

Unfortunately, we had to use whatever textbook assigned by the professor; we CAN NOT have an opinion over the book we use. Whoever publised this lousy textbook should really do a survey, and get feedbacks from students rather from the faculty members(if that is the case). The imposing of using this textbook is beyond our comprehension. The instructor admitted mistakes several places made in the book. Though, he has used it as textbook for few years! If students were asked how much they understood based on reading textbook, the author would be really, really disspointed. Please if whoever out there think of writing a accounting textbook in the future, please, please keep it in mind that the book is for students not for the ACCOUNTANTS, CPA, and ACCOUNTING PROFESSORS.

I do not recommend buying this book from Amazon, not because this is not a good book, but because I ordered this book on Nov. 29 2006 and I still have not recieved it on March 1 2007. If you want this book, get it at a store.

I had to read this book for my final class before earning my Master's degree and it was a very sad way to end my education. This book commits the cardinal sin of being extremely dull. The information it presents could be useful, but my classmates and I fell asleep everytime we opened the book, so I was never able to actually apply anything from this book to what I actually do in my classroom all day.
Professors, if you're thinking of using this book in your classroom, please try to find a book that's a little more interesting.

This book masquerades as a comprehensive guide to developing a stock option plan. In truth, it is a very basic overview of some of the topics surrounding stock option plans. When it attempts to walk through how one would actually go about creating a plan, it uses a hypothetical company and an executive named "Charlie". Sadly, whenever Charlie comes to difficult questions, no answer is given. For example, when discussing the question of valuing stock in a private company, the author's answer is to hire an outside consultant....Gee thanks! Beyond the single basic example give, no discussion of how or why certain decisions are to be made and rationalized. Another great example of this is in determining the number of shares to grant to employees and management. The answer given in the case study is that Charlie had "no process to determine these numbers"....wow, really insightful advice.....No plan at all, so when the executives ask you how you came up with the grant allocations, you can just tell them that you winged it, just like Charlie.

As you can tell, the authors couldnt even tackle simple issues like how many shares to grant, or the appropriate strike price,
and this is not even to mention REAL issues like compensating employees whose options are underwater. I guess Charlie didn't have this problem. I am totally embarassed to have bought this book, save your money and search the web for real-world advice.

This booklet was written by me in 1969 for the Atomic Energy Commission. It is, of course, totally out of date. It was given away free at the time it was written. What the University Press of the Pacific has done is to claim that this title is in the public domain and with no input from me has republished the same 1969 edition which was some eighty pages and is selling it for a rather high price considering what it is. This practice may or may not be legal depending on what the copyright situation really is-something I am investigating. But is it ethical?

trading results for specific a entry day and exit day are given. Since there are 250 (5 times 50 weeks) trading days in a year, then there are 250 times 250 permutations. Which comes to 62,500 possible entry/exit combinations. Apply this to 20 commodities, over 10 years, and different contract months...

High probabilities can be found in a random population given such huge number of combinations or 62,500 x10 x20 = 1,250,000

Fortunately Jake only gives the the high probablility ones.

I grew up watching Mr. Bernstein for over 15 years before finally meeting him. Had I known what type of person he was, I probably would've waited another 15. He is just short of being downright rude to just about every fan I had the pleasure of watching him meet. The image I had pror to meeting him was "Next to my dad, he has to be the coolest guy on the planet". Boy was I dead wrong! Upon asking him to personalize a hero card at a race back in '95 for a sick kid back in our hometown, he replied with "I just sign my name". All we wanted was for him to personalize an autograph by saying "To: whoever, Kenny B." Man, did he shatter that image. Last time I checked, the fans helped make you who you are. If not for them, you wouldn't have an audience. Oh well, it sure was easy to find another favorite driver because thank goodness the majority of them aren't grumpy old men jaded by the business.

Bernstein's opening sonnet aptly sets the tone for this book: "I want no paradise only to be/ drenched in the downpour of words, fecund with tropicality." What the reader gets is not only a downpour but hail storms, soft flakes of snowy words and fine mists as well. And the tropical zone is exactly where this poetry reside -- a hot and colorful place where poetry grows wild. If you are looking for something typical, look no further, you might find a proverbial saying: "If I had a dime/ for every hour I've had/ peace of mind/ I'd still be a poor man." If you are looking for iambs gutted and filled with savory signifieds, take a glance at "Precisely and Moreover" (but who looks for that?)...:"I died in chance abandon, made the clearing/ tough to take, or went to meet a bleat of/ feigning belly crates..." (reader response? I died in these lines with their seeming randomness and made what is normally easy going poetry, a clearing out of these poetic acres tough to take -- difficult reading/writing... The dadaism of "a bleat of feigning belly crates" obstaclizes this particular plot. This poetry engages if you relax the ax a bit. As for this rating, it's merely a comment on the disdain of "the disdain of destination," i.e., what was it that coherced the spittle on the spam, that jacked the spam from my ram rod ideation, that got my ideation in a bunch, and the bunch in a a hissy kit of words. This book chills the pill.