Ugly Americans is the true story of John Malcolm, a Princeton graduate who traveled halfway around the world in search of the American dream and pulled off a trade that could be described as the biggest deal in the history of the financial markets.Without speaking a word of Japanese, with barely a penny in his pocket, Malcolm was thrown into the bizarre life of an ex-pat trader. Surrounded by characters ripped right out of a Hollywood thriller, he quickly learned how to survive in a cutthroat world, at the feet of the biggest players the markets have ever known.Malcolm was first an assistant trading huge positions for Nick Leeson, the rogue trader who brought down Barings Bank, the oldest in England. He was the right-hand man to an enigmatic and brilliant hedge-fund cowboy, Dean Carney, and grew into one of the biggest derivatives traders in all of Asia. Along the way, Malcolm fell in love with the daughter of a Yakuza gangster, built a vast fortune out of thin air, and came head to head with violent Japanese mobsters. Malcolm and his twentysomething, Ivy League-schooled colleagues rode the crashing waves of the Asian markets during the mid-to late 1990s, culminating in a single deal the likes of which had never been seen before, or since.A real-life mixture of Liar´s Poker and Wall Street, brimming with intense action, romance, underground sex, vivid locales, and exotic characters, Ugly Americans is the untold, true story that will rock the financial community and redefine an era. Language: English. Narrator: Ben Mezrich. Audio sample: http://samples.audible.de/bk/harp/000775de/bk_rhde_002536_sample.mp3. Digital audiobook in aax.
Diplomarbeit aus dem Jahr 2006 im Fachbereich BWL - Bank, Boerse, Versicherung, Note: 1,0, Karl-Franzens-Universitaet Graz, 21 Quellen im Literaturverzeichnis, Sprache: Deutsch, Abstract: Die Geschichte der Hedgefonds geht bereits bis in das Jahr 1949 zuruec
The Buy Side, by former Galleon Group trader Turney Duff, portrays an after-hours Wall Street culture where drugs and sex are rampant and billions in trading commissions flow to those who dangle the most enticements. A remarkable writing debut, filled with indelible moments, The Buy Side shows as no book ever has the rewards – and dizzying temptations – of making a living on the Street. Growing up in the 1980’s Turney Duff was your average kid from Kennebunk, Maine, eager to expand his horizons. After trying – and failing – to land a job as a journalist, he secured a trainee position at Morgan Stanley and got his first feel for the pecking order that exists in the trading pits. Those on the ´´buy side,” the traders who make large bets on whether a stock will rise or fall, are the ´´alphas” and those on the ´´sell side,” the brokers who handle their business, are eager to please.How eager to please was brought home stunningly to Turney in 1999 when he arrived at the Galleon Group, a colossal hedge-fund management firm run by secretive founder Raj Rajaratnam. Finally in a position to trade on his own, Turney was encouraged to socialize with the sell side and siphon from his new broker friends as much information as possible. Soon he was not just vacuuming up valuable tips but also being lured into a variety of hedonistic pursuits. Naive enough to believe he could keep up the lifestyle without paying a price, he managed to keep an eye on his buy-and-sell charts and, meanwhile, pondered the strange goings on at Galleon, where tens of millions were being made each week in sometimes mysterious ways.At his next positions, at Argus Partners and J.L. Berkowitz, Turney climbed to even higher heights – and, as it turned out, plummeted to even lower depths - as, by day, he solidified his reputation one of the Street’s most powerful healthcare traders, and by night, he blazed a path through the... ungekürzt. Language: English. Narrator: Turney Duff. Audio sample: http://samples.audible.de/bk/rand/003544de/bk_rhde_002536_sample.mp3. Digital audiobook in aax.
This decade has witnessed the most dynamic bull market in U.S. stock history, a collapse in commodity prices, and dramatic failures in some of the world´s leading hedge funds. How have some traders managed to significantly outperform a stock market that, until recently, moved virtually straight up? This book will feature interviews with those traders who achieved phenomenal success, from an Ohio farmer who enjoyed triple-digit returns to a Turkish émigré who transformed a $16,000 account into $6 million, to professional hedge-fund managers such as Michael Masters of Capital Management. Today, the action is on the stock market. This book will be a must-have for that sector, as well as for the legions of individuals that eagerly bought Market Wizards.
Burned out by high-profile murders and his love life splashed all over Page Six, New York homicide cop Charlie Crawford heads south and signs on with the Palm Beach PD. After months of petty crimes, he´s first on the scene to find a man hanging from a banyan tree. Prime suspects are a hedge-fund billionaire with a thing for young girls, a bartender with a sketchy past, and right smack in the middle of it, Crawford´s girlfriend, a beautiful, conniving gallery owner, ready to do whatever it takes to move up a bracket or two. ungekürzt. Language: English. Narrator: Phil Thron. Audio sample: http://samples.audible.de/bk/acx0/082878de/bk_rhde_002536_sample.mp3. Digital audiobook in aax.
Why is America living in an age of profound economic inequality? Why, despite the desperate need to address climate change, have even modest environmental efforts been defeated again and again? Why have protections for employees been decimated? Why do hedge-fund billionaires pay a far lower tax rate than middle-class workers? The conventional answer is that a popular uprising against ´´big government´´ led to the rise of a broad-based conservative movement. But as Jane Mayer shows in this powerful, meticulously reported history, a network of exceedingly wealthy people with extreme libertarian views also played a key role by bankrolling a systematic, step-by-step plan to fundamentally alter the American political system. The network has brought together some of the richest people on the planet, foremost among them Charles and David Koch. Their core beliefs - that taxes are a form of tyranny; that government oversight of business is an assault on freedom - are sincerely held. But these beliefs also advance their personal and corporate interests: Many of their companies have run afoul of federal pollution, worker safety, securities, and tax laws. When libertarian ideas proved decidedly unpopular with voters, the Koch brothers and their allies decided on another path. If they pooled their vast resources, they could fund an interlocking array of organizations that could work in tandem to influence and ultimately control academic institutions, think tanks, the courts, statehouses, Congress, and, they hoped, the presidency. The political operatives the network employs are disciplined, smart, and at times ruthless. And their efforts have been remarkably successful. Libertarian views on taxes and regulation, once far outside the mainstream and still rejected by most Americans, are ascendant in the majority of state governments, the Supreme Court, and Congress. Meaningful environmental, labor, finance, and tax reform have been stymied. J... ungekürzt. Language: English. Narrator: Kirsten Potter. Audio sample: http://samples.audible.de/bk/rand/004429de/bk_rhde_002536_sample.mp3. Digital audiobook in aax.
In Blowout, Former Senator Byron L. Dorgan and acclaimed novelist David Hagberg collaborate on a high-concept thriller about America’s dangerous addiction to foreign oil. America is on the brink of crisis. Unless we can curb our dangerous appetite for foreign oil, petroleum-rich countries and speculators will bring our economy to its knees… long before CO2 emissions will devastate our ecosystem. The President has answered the call with the Dakota District Initiative, a top-secret research team hidden deep in the Badlands of North Dakota. The Initiative is developing a way to produce clean energy from coal. But powerful enemies will stop at nothing to sabotage this revolutionary technology. A cadre of oil hedge-fund managers hires a crew of mercenary fanatics to attack the Initiative’s experimental power station. Despite the bloody assault, the research continues as war-hero sheriff Nate Osborne and brash journalist Ashley Borden search for the attackers. The stakes couldn’t be higher: Unless the Initiative succeeds, we could be faced with gasoline at $20 per gallon or more, putting an impossible strain on an already fragile economy. If the project fails, we will continue to poison the very air we breathe. Either way, the Badlands will run red with blood. ungekürzt. Language: English. Narrator: Peter Berkrot. Audio sample: http://samples.audible.de/bk/aren/001399de/bk_rhde_002536_sample.mp3. Digital audiobook in aax.
With the value of the dollar sinking, bond yields drying up, giant investment banks collapsing, and stock markets crumbling, how can you ensure that your money will stay safe? By becoming better acquainted with the markets, the ´´professionals´´ who populate the field of finance, and most importantly, yourself. While this may sound like simple advice, author Jason Zweig - the investing and personal finance columnist for the Wall Street Journal - knows how difficult this endeavor can be. But as a trusted voice in the financial community, he has helped thousands of investors achieve this goal, and now, with The Little Book of Safe Money, he wants to help you do the same. This is the perfect guide for those trying to make their way through today´s tough markets. He covers everything from investing behavior and why our minds come with their own set of biases that often prove harmful to the use of financial advisors, and goes one step further than the rest by questioning an investor´s true appetite for risk. Zweig also debunks many of the myths that whirl around Wall Street with chapters like ´´Hedge-Fund Hooey.´´ ungekürzt. Language: English. Narrator: Sean Pratt. Audio sample: http://samples.audible.de/bk/gdan/000338de/bk_rhde_002536_sample.mp3. Digital audiobook in aax.
All Cry Chaos, a debut thriller by the immensely gifted Leonard Rosen, is a masterful and gripping tale that literally reaches for the heavens. The action begins when mathematician James Fenster is assassinated on the eve of a long-scheduled speech at a World Trade Organization meeting. The hit is as elegant as it is bizarre. Fenster´s Amsterdam hotel room is incinerated, yet the rest of the building remains intact. The murder trail leads veteran Interpol agent Henri Poincaré on a high-stakes, world-crossing quest for answers. Together with his chain-smoking, bon vivant colleague, Serge Laurent, Poincaré pursues a long list of suspects: the Peruvian leader of the Indigenous Liberation Front, Rapture-crazed militants, a hedge-fund director, Fenster´s elusive ex-fiancée, and a graduate student in mathematics. Poincaré begins to make progress in America, but there is a prodigious hatred trained on him - some unfinished business from a terrifying former genocide case - and he is called back to Europe to face the unfathomable. Stripped down and in despair, tested like Job, he realizes the two cases might be connected - and he might be the link. This first installment in the Henri Poincaré series marries sharp, smart mystery to deep religious themes that will keep both agnostics and believers turning pages until the shattering, revelatory end. Anyone who enjoys the work of John le Carré, Scott Turow, Dan Brown, and Stieg Larsson will relish Rosen´s storytelling and his resourceful, haunted protagonist. Others will appreciate his dazzling prose. Still others, the way he bends the thriller form in unconventional ways toward a higher cause, in the vein of Henning Mankell in The Man from Beijing. In short, All Cry Chaos promises to become a critical success that garners a broad readership throughout the nation and across the globe. ungekürzt. Language: English. Narrator: Grover Gardner. Audio sample: http://samples.audible.de/bk/blak/004479de/bk_rhde_002536_sample.mp3. Digital audiobook in aax.
Welcome to Forbes for July 2nd, 2012 from Audible. This edition contains seven feature articles.In the cover story, we´ll tell you ´´How LinkedIn Has Turned Your Resume Into a Cash Machine” - Turning the company’s 161 million member profiles into the 21st-century version of a ´´little black book” that no corporate recruiter can live without. Also, ´´While the Rest of the U-S Economy Plods, Houston Gets Hot” - Diversifying its economy helped this oil patch capital recover from the Great Recession at a blistering rate. Next, ´´World Bank Spinning Out of Control: Corruption, Dysfunction Await New Head” - With its $57 billion loan portfolio, muddled objectives, and failure to contain corruption, a decade of reform efforts have done little to fix the World Bank. We´ll also tell you about, ´´The Startup That Will Save Us from Obamacare” - Most of us have no idea what medical procedures cost. Castlight Health is working to lower our bills through radical transparency. Then, ´´The Real Estate-Planning Crisis Isn´t About Taxes” -- Simple estate planning should start at age 18 and evolve with wealth and relationships. Here´s a life-stage guide. Followed by, ´´Five Classic Dividend Stocks” - Don´t let the futile gyrations in Europe keep you out of stocks. And in our final story, ´´The Fishing Guide Who Hooked Hedge-Fund Titan Bill Ackman” - Bill Ackman turned his fishing guide into a billion-dollar fund manager. Now Oliver White is returning to his angling roots--and bringing Ackman along with him. Language: English. Narrator: Ken Borgers. Audio sample: http://samples.audible.de/pe/forb/120702de/bk_rhde_002536_sample.mp3. Digital audiobook in aax.
Value-at-Risk (VaR) is a powerful toolfor assessing market risk in real time-a critical insight when making trading andhedging decisions. The VaR Modeling Handbook is the most complete, up-to-date reference onthe subject for today´s savvy investors, traders,portfolio managers, and other asset and riskmanagers. Unlike market risk metrics such as the Greeks,or beta, which are applicable to only certainasset categories and sources of market risk,VaR is applicable to all liquid assets, makingit a reliable indicator of total market risk. Forthis reason, among many others, VaR has becomethe dominant method for estimatingprecisely how much money is at risk each dayin the financial markets. The VaR Modeling Handbook is a profoundvolume that delivers practical informationon measuring and modeling risk specificallyfocused on alternative investments, banking,and the insurance sector. The perfect primerto The VaR Implementation Handbook (McGraw-Hill), this foundational resource features The experience of 40 internationallyrecognized experts Useful perspectives from a widerange of practitioners, researchers,and academics Coverage on applying VaR to hedgefund strategies, microcredit loanportfolios, and economic capitalmanagement approaches for insurancecompanies Each illuminating chapter in The VaR ModelingHandbook presents a specific topic, completewith an abstract and conclusion for quick reference, as well as numerous illustrations thatexemplify covered material. Practitioners cangain in-depth, cornerstone knowledge of VaRby reading the handbook cover to cover ortake advantage of its user-friendly format byusing it as a go-to resource in the real world. Financial success in the markets requires confidentdecision making, and The VaR ModelingHandbook gives you the knowledge you needto use this state-of-the-art modeling methodto successfully manage financial risk.
Here´s how entrepreneurs find the next big thing - and make it huge. The era of easy money and easy jobs is officially over. Today, we´re all entrepreneurs, and the tides of change threaten to capsize anyone who plays it safe. Taking risks is the name of the game - but how can you tell a smart bet from a stupid gamble? Andy Kessler has made a career out of seeing the future of business, as an analyst, investment banker, venture capitalist, and hedge-fund manager. He evaluated the business potential of the likes of Steve Jobs and Michael Dell before they were Steve Jobs and Michael Dell. His eye for what´s next is unparalleled. Now Kessler explains how the world´s greatest entrepreneurs don´t just start successful companies - they overturn entire industries. He offers 12 surprising and controversial rules for these radical entrepreneurs, such as: Eat people: Get rid of worthless jobs to create more wealth for everybody Create artificial scarcity for virtual goods Trust markets to make better decisions than managers Whether you´re at a big corporation or running a small business, you´re now an entrepreneur. Will you see change coming and grab on to opportunity - or miss the boat? ungekürzt. Language: English. Narrator: Walter Dixon. Audio sample: http://samples.audible.de/bk/gdan/000503de/bk_rhde_002536_sample.mp3. Digital audiobook in aax.