NOT putting all your eggs in one basket makes intuitive sense to many investors. Indeed, evidence indicates that putting more eggs in your basket may actually crack your portfolio, not protect it. Words: 515
Read More »"Put More Cash in Your Wallet: Turn What You Know into Dough" – A Book by Loral Langemeier (+3K Views)
You too can live comfortably and buy the things you want without worrying about how to stretch your income even further -- you can even pay off your old bills in the process! Get out there and start making money! Words: 911
Read More »How Not to Outlive Your Nest Egg (+3K Views)
Determine whether you have the time, discipline, and emotional make-up to handle your own finances. Most people think they can succeed on their own, much like the vast majority of people think they are above average drivers. The data shows a different fact pattern. An 18 year study compiled by legendary Vanguard Group founder, John Bogle has shown that the average investor gets destroyed not only by fees, taxes and transactions costs, but also more importantly due to emotional errors and lack of investing discipline. Words: 847
Read More »Hess: $140 Oil was NOT an Aberration – It was a Warning! (+2K Views)
Once economic growth recovers, it is likely we will return to the market conditions of 2008. The price of $140 per barrel oil was not an aberration; it was a warning. An oil crisis is coming that could prove devastating to future economic growth. Given the long lead times of 5-to-10 years from oil discovery to production, we need to act now to avert this outcome. Words: 862
Read More »"Say Everything: How Blogging Began, What It’s Becoming, and Why It Matters" – A Book by Scott Rosenberg (+2K Views)
"Say Everything" describes a remarkable chapter in the history of communication that leads not only to YouTube, Facebook, and Wikipedia but also to the transformation of corporate and government communications. Words: 701
Read More »"Street Fighters: The Last 72 Hours of Bear Stearns" – A Book by Kate Kelly (+2K Views)
What did the investment bankers at Bear Stearns ever do to earn their millions of dollars in bonuses? Where were the regulators when traders at Bear and other Wall Street firms peddled trillions of dollars in mortgage-backed bonds and derivatives, only to realize, too late, that no one had a clue what they were worth? The author keeps the you-are-there factor high much like a Shakespeare play, complete with three acts and characters dialoguing their way on and off stage. Words: 689
Read More »"The Future Arrived Yesterday: The Rise of the Protean Corporation and What It Means for You" – A Book by Arthur Malone (2K Views)
The global economy has entered a new era, and a mercurial corporate form that the author calls the Protean Corporation will become the dominant species by the middle of the next decade. "These Protean Corporations," he writes, "will behave like perpetual entrepreneurial startups, continuously changing their form, direction, even their identity. They will be true corporate shape-shifters." Words: 661
Read More »"A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers" – A Book by MacDonald/Robinson (+2K Views)
Readers are introduced to a host of little-known Lehmanites, many of whom vilify the company's top management, among others. Lehman "was headed directly for the biggest subprime iceberg ever seen," but unlike the captain of the RMS Titanic, McDonald writes, CEO Dick Fuld and his No. 2, Joe Gregory, didn't try to swerve. Words: 560
Read More »"SuperCorp: How Vanguard Companies Create Innovation, Profits, Growth, and Social Good" – A Book by Rosabeth Moss Kanter (+2K Views)
Anecdotes and common practices of super successful companies are distilled into lessons ending each chapter plus a list the 10 best characteristics of leaders at trailblazing companies such as stressing innovation, creating networks, and treating employees as if they were volunteers. Words: 649
Read More »"Forces of Fortune: The Rise of the New Muslim Middle Class" – A Book by Vali Nasr (+2K Views)
A sunny vision of that region's future that should interest anyone concerned with global business or politics. He argues that entrepreneurial, religiously conservative contingents in such countries as Turkey, Pakistan, and Iran can propel the Middle East into a democratic and prosperous 21st century. Words: 676
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