The Big Investment Lie PDF Download

Author: Michael Edesess
Publisher: ReadHowYouWant.com
ISBN: 1459626621
Category : Business & Economics
Languages : en
Pages : 474

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Book Description
Michael Edesess learned early in his career that the investment industry's claims that it could beat market averages were simply not true. Professional investors, it seemed, could not predict stock prices better than the nearest cab driver. The Big Investment Lie helps readers cut through the thicket of hype in this perilous area, showing ho...

Author: Michael Edesess
Publisher: Berrett-Koehler Publishers
ISBN: 1609943198
Category : Business & Economics
Languages : en
Pages : 457

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Book Description
An insider’s account of how consumers are scammed by the investment advice industry, and how to avoid throwing your money away. The investment advice and management industry is built on fraud: the idea that professional advisors can predictably and consistently help you get a better rate of return on your investments. The industry sells us on this lie using manipulative tactics that are studied, refined, Wall Street-minted, Madison Avenue-packaged—and extraordinarily effective. Here, Michael Edesess exposes the shocking truth that, in fact, behind the success of nearly every prosperous investment professional lies not the ability to procure higher rates of return on investment for his or her clients but the ability to procure astoundingly high fees from those clients and nothing more. Through fascinating and sometimes humorous anecdotes and straightforward explanations of investment theory and scientific evidence, Edesess reveals just how badly investors are being scammed by The Big Investment Lie. He examines how the master salespeople that make up the industry sell their cleverly concocted distortions of truth—to the tune of $200 billion a year—to unsuspecting consumers who swallow them hook, line, and sinker. He then shines a spotlight on the true cost of the industry’s useless advice, showing that a prudent independent investor, following a conservative strategy, can reap anywhere from forty percent to over one hundred percent more than an investor who falls for The Big Investment Lie. Detailing the Ten New Commandments for Smart Investing—practical advice for how, where, and when to invest your money to maximize wealth—The Big Investment Lie provides the guidance you need to secure your financial future without throwing your hard-earned money away on the fraudulent investment advice industry.

Author: Tim Pagliara
Publisher: Forbesbooks
ISBN: 9781950863297
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
In his book, Another Big Lie, author Tim Pagliara details the decade-long fight over the government's role in regulating a safe and sound mortgage market. At the heart of the story is the contrarian bet investors made to buy Fannie Mae and Freddie Mac--government sponsored entities, GSEs--securities in the heat of the mortgage crisis in late 2008. This is the story of how a select group of GSE investors exposed the government's theft of billions of dollars from the American dream of homeownership. Madison opined in the Federalist papers that "If Men were Angels" we wouldn't need government. And yet, in Another Big Lie, Pagliara examines what happens when all three branches of government--executive, legislative, and judicial--fail, exposing the truth about the housing market, a corrupt legislative process in the Senate, and the various attempts that tried and failed to blame the financial crisis on the GSEs.

Author: Michael Edesess
Publisher: Berrett-Koehler Publishers
ISBN: 162656163X
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
Managing your money can be stressful. And confusing and complicated advice from the financial industry just makes it harder. But as the authors of this clear, practical, and enlightening book—part financial guide, part exposé—prove, there are just three simple rules you need to follow and only a few investment products that are necessary for an ideal portfolio. That's it. And the authors dispense with all that “expert” advice by deftly debunking what they call investing's Seven Deadly Temptations. By embracing commonsense solutions and rejecting investments that seem enticing but are needlessly complex, overpriced, and risky, you'll put not only yourself in a stronger position but the entire economy as well.

Author: Michael Edesess
Publisher: Berrett-Koehler Publishers
ISBN: 1626561648
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
Don’t believe the hype: Tips from financial professionals on recognizing and avoiding overpriced, overcomplicated, and overly risky investments. What if the most effective investment portfolio was also the easiest to manage and the least expensive? As the authors of this clear, practical, and enlightening book—part financial guide, part exposé—prove, there are just three simple rules you need to follow and only a few, very inexpensive investment products that are necessary for an ideal portfolio. The authors deftly bust investing’s myths—what they call investing’s Seven Deadly Temptations—and dispense with all the complicated, confusing, and self-serving advice of the Wall Street wolves. By embracing commonsense solutions and rejecting investments that seem enticing but are overpriced, needlessly complex, and risky, you’ll put not only yourself in a stronger position, but the entire economy as well

Author: Kenneth L. Fisher
Publisher: John Wiley & Sons
ISBN: 0470893303
Category : Business & Economics
Languages : en
Pages : 411

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Book Description
The Only Three Questions That Count is the first book to show you how to think about investing for yourself and develop innovative ways to understand and profit from the markets. The only way to consistently beat the markets is by knowing something others don’t know. This book will show you how to do just that by using three simple questions. You’ll see why CNBC’s Mad Money host and money manager James J. Cramer says, "I believe that reading his book may be the single best thing you could do this year to make yourself a better investor. In The Only Three Questions That Count, Ken Fisher challenges the conventional wisdoms of investing, overturns glib theories with hard facts, and blows up complacent beliefs about money and the markets. Ultimately, he says, the key to successful investing is daring to challenge yourself and whatever you believe to be true. Packed with more than 100 visuals, usable tools, and a glossary, The Only Three Questions That Count is an entertaining and educational experience in the markets unlike any other, giving you an opportunity to reap the huge rewards that only the markets can offer.

Author: John R. Talbott
Publisher: Seven Stories Press
ISBN: 1609800672
Category : Political Science
Languages : en
Pages : 260

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Book Description
How strong was the American economy going into the present crisis? How strong will it be a year from now? How about five years from now? Investors and citizens around the world realize, as never before, that we were misled—lied to—about the stability of our financial system. But what now? John R. Talbott's ingenious new book, The 86 Biggest Lies on Wall Street, exposes the lies and then exposes us to the truth of what it will take to rebuild our economy. As a former investment banker at Goldman Sachs, Talbott knows firsthand how the financial system operates and what it will take to fix it. As the "oracle" who predicted the housing crisis in his 2003 book, The Coming Crash in the Housing Market, warned of a global banking crisis in his 2006 book, Sell Now, and called the election for Obama when the senator from Illinois was still the underdog in Obamanomics, Talbott' s revelations about how the Street and the economy really work are as clear-eyed and undeniable as his predictions and recommendations for our economic future are tough, sensible and exciting. We may ignore them at our own peril. What will people be talking about in years to come? To find out, read John Talbott now.

Author: Jason Zweig
Publisher: PublicAffairs
ISBN: 1610396065
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
Your Survival Guide to the Hades of Wall Street The Devil's Financial Dictionary skewers the plutocrats and bureaucrats who gave us exploding mortgages, freakish risks, and banks too big to fail. And it distills the complexities, absurdities, and pomposities of Wall Street into plain truths and aphorisms anyone can understand. An indispensable survival guide to the hostile wilderness of today's financial markets, The Devil's Financial Dictionary delivers practical insights with a scorpion's sting. It cuts through the fads and fakery of Wall Street and clears a safe path for investors between euphoria and despair. Staying out of financial purgatory has never been this fun.

Author: Bill Cosby
Publisher: Cartwheel Books
ISBN: 9780590521611
Category : Juvenile Fiction
Languages : en
Pages : 40

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Book Description
Little Bill gets in big trouble when he tells a fib to explain why he has come home late for dinner, in the eighth title of a popular series that proves that honesty is the best policy. Simultaneous.

Author: John Carreyrou
Publisher: Vintage
ISBN: 1524731668
Category : Business & Economics
Languages : en
Pages : 354

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Book Description
NATIONAL BESTSELLER • The gripping story of Elizabeth Holmes and Theranos—one of the biggest corporate frauds in history—a tale of ambition and hubris set amid the bold promises of Silicon Valley, rigorously reported by the prize-winning journalist. With a new Afterword covering her trial and sentencing, bringing the story to a close. “Chilling ... Reads like a thriller ... Carreyrou tells [the Theranos story] virtually to perfection.” —The New York Times Book Review In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the next Steve Jobs: a brilliant Stanford dropout whose startup “unicorn” promised to revolutionize the medical industry with its breakthrough device, which performed the whole range of laboratory tests from a single drop of blood. Backed by investors such as Larry Ellison and Tim Draper, Theranos sold shares in a fundraising round that valued the company at more than $9 billion, putting Holmes’s worth at an estimated $4.5 billion. There was just one problem: The technology didn’t work. Erroneous results put patients in danger, leading to misdiagnoses and unnecessary treatments. All the while, Holmes and her partner, Sunny Balwani, worked to silence anyone who voiced misgivings—from journalists to their own employees.