Author: Victor Haghani
Publisher: John Wiley & Sons
ISBN: 1119747929
Category : Business & Economics
Languages : en
Pages : 423
Book Description
An Economist Best Book of the Year "Making Money and Keeping It" – The Wall Street Journal Over the past century, if the wealthiest families had spent a reasonable fraction of their wealth, paid taxes, invested in the stock market, and passed their wealth down to the next generation, there would be tens of thousands of billionaire heirs to generations-old fortunes today. The puzzle of The Missing Billionaires is why you cannot find one such billionaire on any current rich list. There are a number of explanations, but this book is focused on one mistake which is of profound importance to all investors: poor risk decisions, both in investing and spending. Many of these families didn’t choose bad investments– they sized them incorrectly– and allowed their spending decisions to amplify this mistake. The Missing Billionaires book offers a simple yet powerful framework for making important lifetime financial decisions in a systematic and rational way. It's for readers with a baseline level of financial literacy, but doesn’t require a PhD. It fills the gap between personal finance books and the academic literature, bringing the valuable insights of academic finance to non-specialists. Part One builds the theory of optimal investment sizing from first principles, starting with betting on biased coins. Part Two covers lifetime financial decision-making, with emphasis on the integration of investment, saving and spending decisions. Part Three covers practical implementation details, including how to calibrate your personal level of risk-aversion, and how to estimate the expected return and risk on a broad spectrum of investments. The book is packed with case studies and anecdotes, including one about Victor’s investment with LTCM as a partner, and a bonus chapter on Liar’s Poker. The authors draw extensively on their own experiences as principals of Elm Wealth, a multi-billion-dollar wealth management practice, and prior to that on their years as arbitrage traders– Victor at Salomon Brothers and LTCM, and James at Nationsbank/CRT and Citadel. Whether you are young and building wealth, an entrepreneur invested heavily in your own business, or at a stage where your primary focus is investing and spending, The Missing Billionaires: A Guide to Better Financial Decisions is your must-have resource for thoughtful financial decision-making.
The Missing Billionaires
Author: Victor Haghani
Publisher: John Wiley & Sons
ISBN: 1119747929
Category : Business & Economics
Languages : en
Pages : 423
Book Description
An Economist Best Book of the Year "Making Money and Keeping It" – The Wall Street Journal Over the past century, if the wealthiest families had spent a reasonable fraction of their wealth, paid taxes, invested in the stock market, and passed their wealth down to the next generation, there would be tens of thousands of billionaire heirs to generations-old fortunes today. The puzzle of The Missing Billionaires is why you cannot find one such billionaire on any current rich list. There are a number of explanations, but this book is focused on one mistake which is of profound importance to all investors: poor risk decisions, both in investing and spending. Many of these families didn’t choose bad investments– they sized them incorrectly– and allowed their spending decisions to amplify this mistake. The Missing Billionaires book offers a simple yet powerful framework for making important lifetime financial decisions in a systematic and rational way. It's for readers with a baseline level of financial literacy, but doesn’t require a PhD. It fills the gap between personal finance books and the academic literature, bringing the valuable insights of academic finance to non-specialists. Part One builds the theory of optimal investment sizing from first principles, starting with betting on biased coins. Part Two covers lifetime financial decision-making, with emphasis on the integration of investment, saving and spending decisions. Part Three covers practical implementation details, including how to calibrate your personal level of risk-aversion, and how to estimate the expected return and risk on a broad spectrum of investments. The book is packed with case studies and anecdotes, including one about Victor’s investment with LTCM as a partner, and a bonus chapter on Liar’s Poker. The authors draw extensively on their own experiences as principals of Elm Wealth, a multi-billion-dollar wealth management practice, and prior to that on their years as arbitrage traders– Victor at Salomon Brothers and LTCM, and James at Nationsbank/CRT and Citadel. Whether you are young and building wealth, an entrepreneur invested heavily in your own business, or at a stage where your primary focus is investing and spending, The Missing Billionaires: A Guide to Better Financial Decisions is your must-have resource for thoughtful financial decision-making.
Publisher: John Wiley & Sons
ISBN: 1119747929
Category : Business & Economics
Languages : en
Pages : 423
Book Description
An Economist Best Book of the Year "Making Money and Keeping It" – The Wall Street Journal Over the past century, if the wealthiest families had spent a reasonable fraction of their wealth, paid taxes, invested in the stock market, and passed their wealth down to the next generation, there would be tens of thousands of billionaire heirs to generations-old fortunes today. The puzzle of The Missing Billionaires is why you cannot find one such billionaire on any current rich list. There are a number of explanations, but this book is focused on one mistake which is of profound importance to all investors: poor risk decisions, both in investing and spending. Many of these families didn’t choose bad investments– they sized them incorrectly– and allowed their spending decisions to amplify this mistake. The Missing Billionaires book offers a simple yet powerful framework for making important lifetime financial decisions in a systematic and rational way. It's for readers with a baseline level of financial literacy, but doesn’t require a PhD. It fills the gap between personal finance books and the academic literature, bringing the valuable insights of academic finance to non-specialists. Part One builds the theory of optimal investment sizing from first principles, starting with betting on biased coins. Part Two covers lifetime financial decision-making, with emphasis on the integration of investment, saving and spending decisions. Part Three covers practical implementation details, including how to calibrate your personal level of risk-aversion, and how to estimate the expected return and risk on a broad spectrum of investments. The book is packed with case studies and anecdotes, including one about Victor’s investment with LTCM as a partner, and a bonus chapter on Liar’s Poker. The authors draw extensively on their own experiences as principals of Elm Wealth, a multi-billion-dollar wealth management practice, and prior to that on their years as arbitrage traders– Victor at Salomon Brothers and LTCM, and James at Nationsbank/CRT and Citadel. Whether you are young and building wealth, an entrepreneur invested heavily in your own business, or at a stage where your primary focus is investing and spending, The Missing Billionaires: A Guide to Better Financial Decisions is your must-have resource for thoughtful financial decision-making.
The Missing Billions
Author: Orion Jarad
Publisher: Xlibris Corporation
ISBN: 1503587681
Category : Fiction
Languages : en
Pages : 179
Book Description
The Tall Man with the Golden hair glided to the Desk and leaned on the edge of it, Arms folded, his eyes never leaving his Guest. "Mr. Smiley, I cannot give you any Details, but it is my Opinion that an Event is about to Happen, that will Demand All of the World's Free Nations to Band Together." Tavis Smiley Blurted Out, "are you talking of War, here, Sir? Is Europe about to be Attacked? What are you saying?" "No, there will not be War. Not just yet. However, such a Military Holocaust is Possible within a Few Months in the Middle East. I am not sure myself, Tavis, of the Actual Event that is about to Transpire. I Only know that because of it, your United States of America will be Forced into a Treaty, but Military. We will be BOUND TOGETHER FOREVER, my Friend." Tavis Smiley moved to get up. " Well, of course, we are Allies with our NATO Friends. We always Stand at their side to..." The Transformation in Jacque Bush was sudden. His Blue eyes Flashed Fire. " Tavis, you do not understand. Please just listen! What I am saying to you is that the Governments of Europe and your own United States will very soon be Forced to Merge into One Vast Western Entity. ONE GOVERNMENT. ONE ARMY. ONE MONEY SYSTEM. ONE LEADER. The two Entities will be known as EUROAMERICA. And when that Happens, Mr. Smiley...And it's Going to Happen no Later than the End of the Year 2016, just months from now...I shall need your Assistance most Assuredly." Tavis Smiley was now more angry than Frightened. " Sir, I do not Discount your Knowledge, nor do I Violate your Hospitality here. But such a Thing as you have Stated cannot Happen. It will not 'Happen'. The United States would Never agree to such an Amalgamation of Nations or." The Fire in Jacque Bush's eyes had Disappeared. They turned to a Hateful, Baleful, Dead Blue. " Believe me, Mr. Smiley. Believe me that it will Happen. I Repeat... by Year's End. EUROAMERICA will be Formed, and it will Last for 1,000 years or More." I truly think the Holy Bible is overrated, yeah people say it is the bestselling book in the world. I respectfully refused to believe that, they just never heard yet about the new author Orion, and The Missing Billions book. Blessed love, Dark Matter at work HOTEP.
Publisher: Xlibris Corporation
ISBN: 1503587681
Category : Fiction
Languages : en
Pages : 179
Book Description
The Tall Man with the Golden hair glided to the Desk and leaned on the edge of it, Arms folded, his eyes never leaving his Guest. "Mr. Smiley, I cannot give you any Details, but it is my Opinion that an Event is about to Happen, that will Demand All of the World's Free Nations to Band Together." Tavis Smiley Blurted Out, "are you talking of War, here, Sir? Is Europe about to be Attacked? What are you saying?" "No, there will not be War. Not just yet. However, such a Military Holocaust is Possible within a Few Months in the Middle East. I am not sure myself, Tavis, of the Actual Event that is about to Transpire. I Only know that because of it, your United States of America will be Forced into a Treaty, but Military. We will be BOUND TOGETHER FOREVER, my Friend." Tavis Smiley moved to get up. " Well, of course, we are Allies with our NATO Friends. We always Stand at their side to..." The Transformation in Jacque Bush was sudden. His Blue eyes Flashed Fire. " Tavis, you do not understand. Please just listen! What I am saying to you is that the Governments of Europe and your own United States will very soon be Forced to Merge into One Vast Western Entity. ONE GOVERNMENT. ONE ARMY. ONE MONEY SYSTEM. ONE LEADER. The two Entities will be known as EUROAMERICA. And when that Happens, Mr. Smiley...And it's Going to Happen no Later than the End of the Year 2016, just months from now...I shall need your Assistance most Assuredly." Tavis Smiley was now more angry than Frightened. " Sir, I do not Discount your Knowledge, nor do I Violate your Hospitality here. But such a Thing as you have Stated cannot Happen. It will not 'Happen'. The United States would Never agree to such an Amalgamation of Nations or." The Fire in Jacque Bush's eyes had Disappeared. They turned to a Hateful, Baleful, Dead Blue. " Believe me, Mr. Smiley. Believe me that it will Happen. I Repeat... by Year's End. EUROAMERICA will be Formed, and it will Last for 1,000 years or More." I truly think the Holy Bible is overrated, yeah people say it is the bestselling book in the world. I respectfully refused to believe that, they just never heard yet about the new author Orion, and The Missing Billions book. Blessed love, Dark Matter at work HOTEP.
Trust Me
Author: Michael Binstein
Publisher: Random House (NY)
ISBN:
Category : Business & Economics
Languages : en
Pages : 440
Book Description
An incredible saga of the man who personifies the great S&L debacle, Charles Keating, who gave millions to Mother Teresa--and stole millions more from the loyal customer of his Lincoln Savings Bank. A fascinating look at one of the most extraordinary financial frauds of the century.
Publisher: Random House (NY)
ISBN:
Category : Business & Economics
Languages : en
Pages : 440
Book Description
An incredible saga of the man who personifies the great S&L debacle, Charles Keating, who gave millions to Mother Teresa--and stole millions more from the loyal customer of his Lincoln Savings Bank. A fascinating look at one of the most extraordinary financial frauds of the century.
Your Money: The Missing Manual
Author: J.D. Roth
Publisher: O'Reilly Media
ISBN: 1449389465
Category : Business & Economics
Languages : en
Pages : 336
Book Description
Keeping your financial house in order is more important than ever. But how do you deal with expenses, debt, taxes, and retirement without getting overwhelmed? This book points the way. It's filled with the kind of practical guidance and sound insights that makes J.D. Roth's GetRichSlowly.org a critically acclaimed source of personal-finance advice. You won't find any get-rich-quick schemes here, just sensible advice for getting the most from your money. Even if you have perfect credit and no debt, you'll learn ways to make your rosy financial situation even better. Get the info you need to make sensible decisions on saving, spending, and investing Learn the best ways to set and achieve financial goals Set up a realistic budget framework and learn how to track expenses Discover proven methods to help you eliminate debt Understand how to use credit wisely Win big by making smart decisions on your home and other big-ticket items Learn how to get the most from your investments by avoiding rash decisions Decide how -- and how much -- to save for retirement
Publisher: O'Reilly Media
ISBN: 1449389465
Category : Business & Economics
Languages : en
Pages : 336
Book Description
Keeping your financial house in order is more important than ever. But how do you deal with expenses, debt, taxes, and retirement without getting overwhelmed? This book points the way. It's filled with the kind of practical guidance and sound insights that makes J.D. Roth's GetRichSlowly.org a critically acclaimed source of personal-finance advice. You won't find any get-rich-quick schemes here, just sensible advice for getting the most from your money. Even if you have perfect credit and no debt, you'll learn ways to make your rosy financial situation even better. Get the info you need to make sensible decisions on saving, spending, and investing Learn the best ways to set and achieve financial goals Set up a realistic budget framework and learn how to track expenses Discover proven methods to help you eliminate debt Understand how to use credit wisely Win big by making smart decisions on your home and other big-ticket items Learn how to get the most from your investments by avoiding rash decisions Decide how -- and how much -- to save for retirement
Billions of Missing Links
Author: Geoffrey S. Simmons
Publisher:
ISBN: 9780736917469
Category : Religion
Languages : en
Pages : 0
Book Description
The author of "What Darwin Didn't Know" presents his second work which focuses on evidence that millions of structures and systems on the Earth came about all at once with no preceeding, subsequent, or RsidewaysS links.
Publisher:
ISBN: 9780736917469
Category : Religion
Languages : en
Pages : 0
Book Description
The author of "What Darwin Didn't Know" presents his second work which focuses on evidence that millions of structures and systems on the Earth came about all at once with no preceeding, subsequent, or RsidewaysS links.
Billion Dollar Whale
Author: Bradley Hope
Publisher: Hachette Books
ISBN: 0316436488
Category : Business & Economics
Languages : en
Pages : 412
Book Description
Named a Best Book of 2018 by the Financial Times and Fortune, this "thrilling" (Bill Gates) New York Times bestseller exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, Billion Dollar Whale is "an epic tale of white-collar crime on a global scale" (Publishers Weekly), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. Billion Dollar Whale has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.
Publisher: Hachette Books
ISBN: 0316436488
Category : Business & Economics
Languages : en
Pages : 412
Book Description
Named a Best Book of 2018 by the Financial Times and Fortune, this "thrilling" (Bill Gates) New York Times bestseller exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, Billion Dollar Whale is "an epic tale of white-collar crime on a global scale" (Publishers Weekly), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. Billion Dollar Whale has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.
Unsolved Case Files: Escape at 10,000 Feet
Author: Tom Sullivan
Publisher: HarperCollins
ISBN: 0062991531
Category : Juvenile Nonfiction
Languages : en
Pages : 108
Book Description
An ALA Top Ten Best Graphic Novel for Children A thrilling new graphic nonfiction series about real FBI cases, launching with a gripping, minute-by-minute account of the only unsolved airplane hijacking in the U.S. CASE NO. 001: NORJAK NOVEMBER 24, 1971 PORTLAND, OREGON 2:00 P.M. A man in his mid-forties, wearing a suit and overcoat, buys a ticket for Northwest Orient Airlines flight 305 bound for Seattle. 3:07 P.M. The man presents his demands: $200,000 in cash and four parachutes. If the demands are not met, he threatens to detonate the explosive device in his briefcase. So begins the astonishing true story of the man known as D.B. Cooper, and the only unsolved airplane hijacking case in the United States. Comic panels, reproductions of documents from real FBI files, and photos from the investigation combine for a thrilling read for sleuths of all ages. What better way to draw readers into nonfiction than through an exciting graphic novel? This series will appeal to readers of series such as Nathan Hale’s Hazardous Tales. Fans of history and whodunits, CSI-club kids, and graphic novel enthusiasts alike will be pulled in by the suspenseful, complex, and kid-appropriate cases in this series. Sidebars provide fun facts about pre-2001 air travel, serial numbers on currency, airplane design, and more. Backmatter showcases period photos and primary source material in FBI archives.
Publisher: HarperCollins
ISBN: 0062991531
Category : Juvenile Nonfiction
Languages : en
Pages : 108
Book Description
An ALA Top Ten Best Graphic Novel for Children A thrilling new graphic nonfiction series about real FBI cases, launching with a gripping, minute-by-minute account of the only unsolved airplane hijacking in the U.S. CASE NO. 001: NORJAK NOVEMBER 24, 1971 PORTLAND, OREGON 2:00 P.M. A man in his mid-forties, wearing a suit and overcoat, buys a ticket for Northwest Orient Airlines flight 305 bound for Seattle. 3:07 P.M. The man presents his demands: $200,000 in cash and four parachutes. If the demands are not met, he threatens to detonate the explosive device in his briefcase. So begins the astonishing true story of the man known as D.B. Cooper, and the only unsolved airplane hijacking case in the United States. Comic panels, reproductions of documents from real FBI files, and photos from the investigation combine for a thrilling read for sleuths of all ages. What better way to draw readers into nonfiction than through an exciting graphic novel? This series will appeal to readers of series such as Nathan Hale’s Hazardous Tales. Fans of history and whodunits, CSI-club kids, and graphic novel enthusiasts alike will be pulled in by the suspenseful, complex, and kid-appropriate cases in this series. Sidebars provide fun facts about pre-2001 air travel, serial numbers on currency, airplane design, and more. Backmatter showcases period photos and primary source material in FBI archives.
Blood Money
Author: T. Christian Miller
Publisher: Little, Brown
ISBN: 0316030813
Category : Political Science
Languages : en
Pages : 302
Book Description
An investigative reporter pens an explosive indictment of how the Bush Administration wasted billions in Iraq through sweetheart deals to G.O.P. supporters, outrageous contracts to corrupt companies, and absurdly naive assumptions.
Publisher: Little, Brown
ISBN: 0316030813
Category : Political Science
Languages : en
Pages : 302
Book Description
An investigative reporter pens an explosive indictment of how the Bush Administration wasted billions in Iraq through sweetheart deals to G.O.P. supporters, outrageous contracts to corrupt companies, and absurdly naive assumptions.
Billions & Billions
Author: Carl Sagan
Publisher: Ballantine Books
ISBN: 0345379187
Category : Science
Languages : en
Pages : 322
Book Description
NEW YORK TIMES BESTSELLER • In the final book of his astonishing career, Carl Sagan brilliantly examines the burning questions of our lives, our world, and the universe around us. These luminous, entertaining essays travel both the vastness of the cosmos and the intimacy of the human mind, posing such fascinating questions as how did the universe originate and how will it end, and how can we meld science and compassion to meet the challenges of the coming century? Here, too, is a rare, private glimpse of Sagan’s thoughts about love, death, and God as he struggled with fatal disease. Ever forward-looking and vibrant with the sparkle of his unquenchable curiosity, Billions & Billions is a testament to one of the great scientific minds of our day. Praise for Billions & Billions “[Sagan’s] writing brims with optimism, clarity and compassion.”—Ft. Lauderdale Sun-Sentinel “Sagan used the spotlight of his fame to illuminate the abyss into which stupidity, greed, and the lust for power may yet dump us. All of those interests and causes are handsomely represented in Billions & Billions.”—The Washington Post Book World “Astronomer Carl Sagan didn’t live to see the millennium, but he probably has done more than any other popular scientist to prepare us for its arrival.”—Atlanta Journal & Constitution “Billions & Billions can be interpreted as the Silent Spring for the current generation. . . . Human history includes a number of leaders with great minds who gave us theories about our universe and origins that ran contrary to religious dogma. Galileo determined that the Earth revolved around the Sun, not the other way around. Darwin challenged Creationism with his Evolution of Species. And now, Sagan has given the world its latest challenge: Billions & Billions.”—San Antonio Express-News “[Sagan’s] inspiration and boundless curiosity live on in the gift of his work.”—Seattle Times & Post-Intelligencer “Couldn’t stay awake in your high school science classes? This book can help fill in the holes. Acclaimed scientist Carl Sagan combines his logic and knowledge with wit and humor to make a potentially dry subject enjoyable to read.”—The Dallas Morning News
Publisher: Ballantine Books
ISBN: 0345379187
Category : Science
Languages : en
Pages : 322
Book Description
NEW YORK TIMES BESTSELLER • In the final book of his astonishing career, Carl Sagan brilliantly examines the burning questions of our lives, our world, and the universe around us. These luminous, entertaining essays travel both the vastness of the cosmos and the intimacy of the human mind, posing such fascinating questions as how did the universe originate and how will it end, and how can we meld science and compassion to meet the challenges of the coming century? Here, too, is a rare, private glimpse of Sagan’s thoughts about love, death, and God as he struggled with fatal disease. Ever forward-looking and vibrant with the sparkle of his unquenchable curiosity, Billions & Billions is a testament to one of the great scientific minds of our day. Praise for Billions & Billions “[Sagan’s] writing brims with optimism, clarity and compassion.”—Ft. Lauderdale Sun-Sentinel “Sagan used the spotlight of his fame to illuminate the abyss into which stupidity, greed, and the lust for power may yet dump us. All of those interests and causes are handsomely represented in Billions & Billions.”—The Washington Post Book World “Astronomer Carl Sagan didn’t live to see the millennium, but he probably has done more than any other popular scientist to prepare us for its arrival.”—Atlanta Journal & Constitution “Billions & Billions can be interpreted as the Silent Spring for the current generation. . . . Human history includes a number of leaders with great minds who gave us theories about our universe and origins that ran contrary to religious dogma. Galileo determined that the Earth revolved around the Sun, not the other way around. Darwin challenged Creationism with his Evolution of Species. And now, Sagan has given the world its latest challenge: Billions & Billions.”—San Antonio Express-News “[Sagan’s] inspiration and boundless curiosity live on in the gift of his work.”—Seattle Times & Post-Intelligencer “Couldn’t stay awake in your high school science classes? This book can help fill in the holes. Acclaimed scientist Carl Sagan combines his logic and knowledge with wit and humor to make a potentially dry subject enjoyable to read.”—The Dallas Morning News
Other People's Money
Author: Charles V. Bagli
Publisher: Penguin
ISBN: 0142180718
Category : Business & Economics
Languages : en
Pages : 434
Book Description
A veteran New York Times reporter dissects the most spectacular failure in real estate history Real estate giant Tishman Speyer and its partner, BlackRock, lost billions of dollars when their much-vaunted purchase of Stuyvesant Town–Peter Cooper Village in New York City failed to deliver the expected profits. But how did Tishman Speyer walk away from the deal unscathed, while others took the financial hit—and MetLife scored a $3 billion profit? Illuminating the world of big real estate the way Too Big to Fail did for banks, Other People’s Money is a riveting account of politics, high finance, and the hubris that ultimately led to the nationwide real estate meltdown.
Publisher: Penguin
ISBN: 0142180718
Category : Business & Economics
Languages : en
Pages : 434
Book Description
A veteran New York Times reporter dissects the most spectacular failure in real estate history Real estate giant Tishman Speyer and its partner, BlackRock, lost billions of dollars when their much-vaunted purchase of Stuyvesant Town–Peter Cooper Village in New York City failed to deliver the expected profits. But how did Tishman Speyer walk away from the deal unscathed, while others took the financial hit—and MetLife scored a $3 billion profit? Illuminating the world of big real estate the way Too Big to Fail did for banks, Other People’s Money is a riveting account of politics, high finance, and the hubris that ultimately led to the nationwide real estate meltdown.