Finans og regnskab

Et praktisk og detaljeret opslagsværk Lov om finansiel virksomhed er en af de mest omfattende enkeltlove, der findes i dag. Loven trådte i kraft i 2004, og denne lovkommentar, som nu foreligger i 2. udgave, er den eneste bog, der omfatter loven. Formålet med lovkommentaren er at give praktikeren et anvendeligt værktøj, og forfatterne har derfor tilstræbt at gøre kommentaren meget detaljeret. De enkelte bestemmelser i hver paragraf forklares grundigt og inddrager baggrund og formål. Der henvises løbende til relevant praksis, herunder afgørelser. Med hjemmel i loven er der udstedt et stort antal bekendtgørelser, vejledninger og indberetningsskemaer. I kommentaren er disse omtalt, hvor de har større betydning for forståelsen af lovens bestemmelser. Nyt i 2. udgave Lovgivningen ændres adskillige gange hvert år, ligesom der kommer ny praksis til, hvorfor en ny udgave er påkrævet. Dog har der ikke været markante ændringer i lovgivningen siden 1. udgaven fra 2007. Bogen findes også i en onlineversion, som opdateres løbende. Læs mere om onlineversionen her. Om forfatterne: Merete Hjetting, kontorchef Finansrådet Marianne Simonsen, underdirektør, Jura og Kommunikation, Finansiel Stabilitet A/S Thomas Kjøller, advokat Kromann Reumert Malene Stadil, underdirektør Danske Bank

Er Bitcoin og de andre kryptovalutaer den vigtigste opfindelse siden internettet eller blot en spekulativ boble?Meningerne er mange, men ikke desto mindre er de fleste eksperter enige om, at kryptoteknologien vil komme til at ændre fundamentalt på mange af verdens industrier.BITCOIN giver læseren en pædagogisk og letforståelig introduktion til kryptovalutaernes verden: Hvor kommer de digitale valutaer fra? Hvordan fungerer teknologien bag? Og hvorfor har de digitale valutaer måske potentialet til at revolutionere vores pengesystem?Forfatterne stiller skarpt på emnet, gennemgår den seneste udvikling på området og vejer fordele og udfordringer.

En hjælp til at imødegå og opklare besvigelser Besvigelser i form af misbrug af aktiver og regnskabsmanipulation er et fænomen, som alle virksomheder er potentielt sårbare overfor, og som forekommer jævnligt både i Danmark og i udlandet. Besvigelserne skyldes ofte svagheder i den interne kontrol, i systemer og procedurer – eller svagheder i menneskers etik, adfærd og moral. Når skaden er sket, handler diskussionen typisk om ansvarsfordeling. Er det bestyrelsen, direktionen, controllerne eller navnlig den eksterne revisor, som burde have opdaget besvigelsen? Eller burde selskabets medarbejdere have ageret som whistleblowers? Denne bogs formål er at 1) levere nyttig indsigt i regnskabsmanipulationens psykologi og 2) illustrere de snedige teknikker, som har muliggjort besvigelserne. Det er antagelsen, at disse indsigter er værdifulde for både at forebygge og opdage snyd og svindel. Bogens to dele: I første del analyseres personen bag besvigelsen og dennes beslutningsproces. Her tages udgangspunkt i, at besvigelserne ofte udføres af en tillidsperson på en meget snedig måde. I anden del gennemgås en række danske besvigelsessager, og der gives forslag til revisionshandlinger, som kunne have opdaget besvigelsen. Bogen indeholder desuden eksempler på værktøjer og overvågningsprocedurer, kaldet arbejdspapirer, som revisor kan inddrage i sine kontroller, og som kan afsløre en forhøjet risiko for besvigelser. Målgruppe Bogen henvender sig bl.a. til revisorer og revisorstuderende. Herudover vil den være relevant for mange af selskabets stakeholdere, navnlig de interne som: selskabsledelsen, interne revisorer, controllere og medarbejdere med socialt ansvar (whistleblowers), men også de eksterne: kreditgivere, offentlige kontrolmyndigheder samt økonomiske journalister. Om forfatterne Maria Bloch Christensen er cand.merc.aud. fra Syddansk Universitet og har skrevet kandidatafhandling om revisors opklaring af besvigelser. Hun har arbejdet som revisor hos Brandt Statsautoriseret revisionspartnerselskab siden 2006. Rikke Holmslykke Kristensen er studielektor ved Syddansk Universitet og forsker i fænomenet væsentlighed i revision. Hun er uddannet statsautoriseret revisor i 2006 og har arbejdet som revisor hos KPMG i 14 år. Bent Warming-Rasmussen, ph.d., er professor i revision ved Syddansk Universitet. Han er uddannet registreret revisor og har 12 års praksis i tre landsdækkende revisionsfirmaer. Herudover er Bent Warming-Rasmussen certificeret psykoterapeut.

Kan man forandre de sociale problemer i ghettoområder som Vollsmose og Gellerupparken ved at bygge om på husene? Eksempler fra udlandet tyder på, at man kan. I lande som Holland, Frankrig, Spanien, USA og Storbritannien sættes ind over for de sociale problemer i ghettoerne ved at gøre radikalt op med boligblok-arkitekturen. Man river ned og bygger om, indfører blandt andet traditionelle bymiljøer, laver private haver, lokker stjernearkitekter til at bygge billige boliger og tilfører en mængde andre elementer, som lokker ressourcestærke borgere til de områder, der før var belastede af tunge sociale problemer.Den gode nyhed er, at det gør en forskel. Fysiske indgreb kan være med til at genføde et kvarter og give det liv. Og selv om de fysiske indgreb ikke kan stå alene, men skal knyttes sammen med sociale indsatser, så kan det konstateres, at uden gennemgribende fysiske indsatser, har de sociale indsatser, som vi i Danmark har arbejdet med gennem mange år, kun begrænset virkning. Med andre ord: Der skal saves i betonen og i murstenene for at livet, der leves omkring dem, for alvor kan forandres. Men så kan der også ske noget.Bogen her er den første, som samler eksempler fra flere byer og tager et grundigt kig på, hvilke arkitektoniske strategier der sættes ind med over for den samme type af sociale og økonomiske problemer i forskellige lande. Den bygger på research, foretaget af Akademisk Arkitektforening på rejser til en række lande, og besvarer spørgsmålene: Hvad er der galt med arkitekturen og byplanerne i de danske ghettoområder? Og hvordan kan vi lære af de udenlandske erfaringer?

Sådan ændrer du verden med dine egne penge.Efter bestselleren "Girls just wanna have funds" er stifterne af Female Invest tilbage med denne ultimative guide til, hvordan du tjener penge og samtidig gør verden til et bedre sted. Female Invest-trioen forklarer, hvad der kendetegner bæredygtige investeringer, og de lærer dig at vurdere, om aktier, investeringsfonde og obligationer reelt er ansvarlige, etiske og grønne, eller bare foregiver at være det. Med denne bog bliver du i stand til at placere dine finanser i initiativer, som både gavner din egen formue og sætter et positivt aftryk på verden – og du behøver hverken at være rig eller ekspert for at komme i gang. "Female Invest har med handlekraft og mod skabt en fælles økonomisk bevidsthed blandt tusindvis af kvinder. Deres indflydelse på den moderne kvindes livsvilkår kan ikke undervurderes."MIA WAGNER, forretningskvinde og investor, fra bogens forord

From an award-winning financial historian comes the gripping, character-driven story of venture capital and the world it madeInnovations rarely come from "experts." Jeff Bezos was not a bookseller; Elon Musk was not in the auto industry. When it comes to innovation, a legendary venture capitalist told Sebastian Mallaby, the future cannot be predicted, it can only be discovered. Most attempts at discovery fail, but a few succeed at such a scale that they more than make up for everything else. That extreme ratio of success and failure is the power law that drives venture capital, Silicon Valley, the tech sector, and, by extension, the world.Drawing on unprecedented access to the most celebrated venture capitalists of all time, award-winning financial historian Sebastian Mallaby tells the story of this strange tribe of financiers who have funded the world's most successful companies, from Google to SpaceX to Alibaba. With a riveting blend of storytelling and analysis, The Power Law makes sense of the seeming randomness of success in venture capital, an industry that relies, for good and ill, on gut instinct and personality rather than spreadsheets and data. We learn the unvarnished truth about some of the most iconic triumphs and infamous disasters in the history of tech, from the comedy of errors that was the birth of Apple to the venture funding that fostered hubris at WeWork and Uber to the industry's notorious lack of women and ethnic minorities.Now the power law echoes around the world: it has transformed China's digital economy beyond recognition, and London is one of the top cities for venture capital investment. By taking us so deeply into the VCs' game, The Power Law helps us think about our own future through their eyes.

Udbytteguiden er en praktisk håndbog, der oplyser om investeringsmulighederne indenfor udbytteaktier samt de fordele, private personer kan opnå ved at investere fremfor at spekulere. Bogen afdækker en generel introduktion til udbytteaktier som koncept, porteføljestrategier, udbyttebeskatningen, et overblik over markedernes udbytteaktier samt hvordan man som privatperson kan opnå en stigende grad af økonomisk uafhængighed og frihed ved at handle efter omtanke fremfor impulser. Udbytteguiden følger sin søsterbog - Økonomisk Frihed - ved at give læseren et nemt og enkelt overblik over verdenen af udbytteaktier uden at læseren skal grave sig igennem flere hundrede sider i form af tung investeringslitteratur.

Få overblik over andelsboligforeningens juridiske og økonomiske aspekter.Bogen er opbygget som en håndbog, der gennemgår forholdene vedrørende andelsboligens struktur, ledelse og drift – herunder økonomi og vedligehold. Bogen giver et grundlæggende overblik over andelsboligformens regler og praksis på et højt fagligt niveau, og den er struktureret, så den samtidig egner sig godt som opslagsværk i den daglige rådgivning. I bogen gennemgås blandt andet: Foreningens vedtægter og struktur Reglerne om stiftelse og opløsning Foreningens ledelse og generalforsamling Den daglige drift Administration Bygningsdrift og vedligeholdelsesplanlægning Medlemmernes rettigheder og pligter Regnskab og budgetlægning Finansiering Økonomi- og risikostyring Overdragelse MisligholdelseMålgruppe Bogen henvender sig til alle, der beskæftiger sig med andelsboliger, f.eks. bestyrelsesmedlemmer, administratorer, advokater, ejendomsmæglere og andre former for rådgivere. Om forfatterne Advokat Finn Träff er advokat i København med speciale i fast ejendom. Han er LL.M. fra det Europæiske Universitetsinstitut i Firenze og har været lektor i faget Omsætning af fast ejendom ved Københavns Universitet i en årrække frem til 2003. Han har tidligere skrevet bogen Køb og salg af fast ejendom.Cand.merc. Rasmus Juul-Nyholm er direktør i Administrationshuset A/S. Han er tidligere konsulent inden for forretningsudvikling og it og er engageret i opstarten og driften af en række it-virksomheder. Sammen har de stiftet og opbygget Administrationshuset A/S, der administrerer et stort antal andelsboliger og ejerlejligheder fra to kontorer i København.

Det er vigtigt at give børn gode pengevaner fra starten. Her er en bog baseret, der kommer med konkrete redskaber til at klæde forældre på til at lære deres børn at blive økonomisk ansvarlige. Børn skal lære, hvad penge er, hvor de kommer fra og bruge dem på det, der giver bedst mening.Dårlige pengevaner er et stort problem for mange børn og unge mennesker. I 2020 var 46.500 unge danskere mellem 18 og 30 år registreret i RKI som dårlige betalere, og samtidig bliver flere og flere endnu yngre børn fanget i ludomani af varierende grader.En del af problemet skal findes i den moderne verden, hvor mønter og sedler er forsvundet til fordel for betalingskort og digitale penge. En ændring, der gør det sværere for børn og unge at lære om og forstå penges værdi.I 'Giv dit barn gode pengevaner' giver Anne Juel Jørgensen forældre til hjemmeboende børn fra treårs-alderen konkrete værktøjer, der i en digital verden gør det muligt at give de næste generationer den bedste økonomiske start på livet. Som et af værktøjerne opstiller Anne Juel Jørgensen Pengeligningen, som alle mennesker i alle aldre bør mestre:Penge til hverdagen + opsparing til gråvejrsdage + penge til drømme og fremtid (herunder alderdom) = økonomisk tryghed.Bogen bygger på nyeste forskning på området - herunder adfærdsøkonomi.

A fun and authoritative guide to bitcoin and the future of moneyIn Catching Up to Crypto: Your Guide to Bitcoin and the New Digital Economy, celebrated crypto and Bitcoin expert Ben Armstrong delivers an exciting and fresh new exploration of Bitcoin and digital currencies. He explains what Bitcoin is, how it works, and how and why we're all transitioning to a digital economy as we speak. He discusses the deficiencies of traditional fiat currency, how it's commonly manipulated, and how we can all benefit from the adoption of new, digital assets.In the book, you'll discover how Bitcoin operates in the real-world and how the underlying technology--known as the blockchain--operates. You'll also learn about:* The importance of decentralization, trust-less commerce and cryptographic consensus.* The humble origins of Bitcoin, as well as how it nearly died out, and how it went on to take over the world* How monetary and financial policy is being revolutionized by the introduction of Bitcoin and other crypto-assets.An essential and engaging review of Bitcoin, digital assets, and the new digital economy, Catching Up to Crypto is the hands-on and comprehensive introduction to crypto that investors, enthusiasts, the crypto-curious, and finance professionals have been waiting for.

Investing in funds is not straightforward. We are faced with a countless range of options and constantly distracted by meaningless noise and turbulent markets. To make matters worse, our flawed beliefs and behavioural biases lead to repeated and costly mistakes, such as a damaging obsession with past performance and a dangerous attraction to thematic funds.There is a solution-a more intelligent way to invest in funds.In The Intelligent Fund Investor, experienced portfolio manager and behavioural finance expert Joe Wiggins brings simplicity and clarity to fund investing. Each chapter of this fascinating and highly readable book focuses on a vital element of investing in funds-exploring how and why investors can get it badly wrong, and providing direct, actionable steps for better results.Joe reveals: why we should avoid investing with star managers; how to decide between active and passive funds; why we should beware of smooth performance and captivating stories; why risk is far more than just volatility; the importance of a long time horizon; and much, much more.Using a combination of stories, empirical evidence and experience, Joe gives all fund investors-active and passive-what they need to reassess their beliefs, understand their biases, and make better investment decisions.

Kritikken af den finansielle sektor, og specielt bankerne, har været stor. Men har du overvejet om: Bankerne gør som Robin Hood; tager fra de rige og giver til de fattige?Bankledelserne tænker for lidt på aktionærerne?De ofte kritiserede flytteomkostninger i realkreditten gavner de svage kunder?Bankerne tjener for lidt og ikke for meget?Bankerne ikke er præget af kortsigtet grådighed, men tværtimod tænker meget langsigtet?Udviklingsdanmark bliver behandlet for godt og ikke for dårligt?Hvis disse tanker er helt nye for dig, kan du med fordel læse denne bog, der giver nye indfaldsvinkler til debatten om den finansielle sektor.

For undergraduate courses in Investments. The Core Concepts and Tools Students Need to Make Informed Investment DecisionsFundamentals of Investing helps students make informed investment decisions by providing a solid foundation of core concepts and tools. Smart/Gitman/Joehnk use practical, hands-on applications to introduce the topics and techniques used by both personal investors and money managers. The authors integrate a consistent framework based on learning goals to keep students focused in each chapter. Students leave the course with the necessary information for developing, implementing, and monitoring a successful investment program. The Thirteenth Edition uses a conversational tone to make the foreign language, concepts, and strategies of investing accessible to a student audience. With the help of examples throughout, students learn to make informed decisions in order to achieve investment goals. The book focuses on both individual securities and portfolios, teaching students to consider the risk and return of different types of investments and how to use this knowledge to develop, implement, and monitor goals. MyFinanceLab not included. Students, if MyFinanceLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyFinanceLab should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.MyFinanceLab is an online homework, tutorial, and assessment product designed to personalize learning and improve results. With a wide range of interactive, engaging, and assignable activities, students are encouraged to actively learn and retain tough course concepts.

En grundig indføring i egne aktier Formålet med ”Egne aktier” er at give en samlet fremstilling af de regler og problemstillinger, der knytter sig til aktieselskabers erhvervelse, besiddelse og afhændelse af egne aktier. Herudover er det formålet at give læseren en indføring i egne aktier fra et økonomisk og et historisk perspektiv. I tillæg til en indføring i gældende ret på det selskabsretlige, børsretlige, regnskabsretlige og skatteretlige område, gives læser en grundig indføring i de hensyn, der ligger bag reguleringen af egne aktier, således at læser, udover at blive sat ind i gældende ret, tillige bibringes en forståelse for den bagvedliggende hensynsafvejning. Området ”egne aktier” er stærkt påvirket af EU-retten, og bogen beskæftiger sig derfor indgående med det EU-retlige regelsæt og de EU-retlige perspektiver.

Denne bog er en fremstilling af ejerlejligheds- og andelsboligretten, hvor fællestræk og forskelligheder belyses. Bogen er inddelt i fire kapitler: foreningsretten, ejerlejligheder, andelsboliger og overdragelsen. Da fremstillingen også henvender sig til andre end advokater, er en række praktiske problemstillinger inkluderet, og der vil herudover være nogle ”afstikkere” i form af emner, som måske ikke direkte vedrører ejerlejligheds- og andelsboliglovgivningen, men som alligevel er relevante, når man arbejder med de to boligformer i praksis.

Alt, vi foretager os med computere og mobiltelefoner, kan overvåges og registreres - og bliver det.Det sker dagligt - og alle kan blive udsat for det. Alligevel ved de færreste, hvordan man beskytter sig selv, sine kontakter og sit materiale.Bogen gennemgår 20 enkle, gratis værktøjer trin for trin og giver samtidig grundlæggende viden om overvågning, sikkerhedsbevidsthed og jura. Kan bruges af alle, der har brug for at kommunikere fortroligt og undgå den digitale overvågning. Kildebeskyttelse? Så skal du kryptere!

This book provides an introduction to private equity transactions. It describes the transactions, the main kinds of agreements that govern these transactions, the ongoing relations of the parties and the increasing regulation, both public and private, of the private equity sector. The descriptions of the individual transactions cover the stages of private equity funds’ fundraising, the structuring of their investments in portfolio companies, and their subsequent exits from their investments.The Danish edition of this book was the first general presentation of private equity law in Denmark. Likewise this updated English version shows English-speaking readers for the first time how Danish private equity transactions are carried out in an international perspective.The author is an attorney and a partner in PENM Partners, a Danish manager of private equity funds with a focus on emerging markets. He has previously worked as an attorney, first with the Danish law firm Bech-Bruun and subsequently with BankInvest, a leading asset manager and provider of investment funds in the Nordic region, where he advised on the legal aspects of fundraising, investment and exits for a number of private equity funds with investments in Europe, North America and Asia in the areas of biotechnology, IT, clean technology and emerging markets. For a number of years the author has been a member of the legal committee of the Danish Venture Capital and Private Equity Association and he is an external lecturer at the University of Copenhagen. Jannick Nytoft, the Chief Executive Officer of the Danish Venture Capital and Private Equity Association has written the foreword to the book.IndholdsoversigtAbbreviationsForewordIntroductionChapter 1. Introduction to private equityChapter 2. PE FundsChapter 3. Managers of PE fundsChapter 4. Venture capital investmentsChapter 5. BuyoutsChapter 6. ExitsGlossaryBibliographyList of CasesIndex

En praktisk fremstilling af regelsættet om revisors skriftlige erklæringer.Erklæringsstandarderne, som danske revisorer, der er medlemmer af FSR – danske revisorer, skal følge, ændrer sig løbende, og det er derfor altid nødvendigt for en revisor at holde sig opdateret på seneste ændringer.Denne bog retter sig mod løsningen af en række konkrete problemstillinger, som en revisor kan støde på ved afgivelse af erklæringer. Bogen er tænkt som et praktisk værktøj, og fremstillingen falder i to dele:Del I gennemgår kravene til revisors erklæringer, og i den forbindelse behandles en række konkrete problemstillinger, der har vist sig med fortolkningen af erklæringsbekendtgørelsen. Del II indeholder en omfattende eksempelsamling, der illustrerer udformningen af erklæringer inden for store dele af de områder, som revisor må beskæftige sig med efter revisorlovgivningen.Nyt i 4. udgaveFor at understrege tilknytningen til de internationale standarder og tydeliggøre forskellen mellem de forskellige typer erklæringer, er revisionsstandarderne (RS’erne) erstattet af Internationale standarder udgivet af IFAC (De internationale standarder), og de nye standarder skal anvendes med virkning for erklæringer, der udarbejdes 1. juli 2012 eller senere. Endvidere er ISA 700, 705 og 706 samt ISA 800, 805 og 810 endeligt implementeret.MålgruppeBogen tjener som praktisk værktøj for revisorer og andre, som afgiver eller benytter skriftlige erklæringer i henhold til erklæringsbekendtgørelsen. Bogen kan desuden med stor fordel benyttes i undervisningen på revisorkandidatstudiet. Om forfatterneBogens forfattere – Kim Füchsel, Martin Lunden, Ole Tjørnelund Thomsen og Lars Engelund – har dels en baggrund fra Revisorkommissionen og FSR’s revisionstekniske udvalg og dels en praktisk indgangsvinkel som statsautoriserede revisorer.

Do you want to learn how to make money from the stock market in a short time?Do you want to master the skills and strategies of successful day traders?Do you want to achieve financial freedom and independence?If you answered yes to any of these questions, then this book is for you!BECOMING A STRATEGIC DAY TRADER is a comprehensive guide that will teach you everything you need to know about day trading, from the basics to the advanced techniques. You will discover: - How to set up your trading account and platform - How to analyze the market and identify profitable opportunities - How to manage your risk and emotions - How to develop your own trading plan and style - How to use technical indicators, chart patterns, and candlestick analysis - How to execute trades with speed and precision - How to avoid common pitfalls and mistakes - How to grow your capital and income over time This book is not a get-rich-quick scheme. It is a realistic and practical approach that will require your dedication, discipline, and hard work. But if you follow the advice and tips in this book, you will be able to achieve your trading goals and dreams. The book's pages provide a wealth of important information that is clearly presented and is geared towards readers who have some experience with day trading.This book will teach you... How to choose a direct access broker, as well as the necessary tools and platforms. * How to start day trading as a company. * How to day trade stocks, not gamble on them. The planning of key day trading strategies; the specific entry, exit, and stop loss instructions for each trading strategy; and the management of the trading plan.With this book, you'll have a bit by bit guide brimming with demonstrated systems to build your odds of coming out on top decisively.You will figure out how to put resources into the securities exchange and, most importantly, how to recognize the best stocks on the lookout and how to esteem them.You'll figure out how to perceive the data you really want and how to decipher chartsto accomplish exceptionally significant yields.You will figure out how to open a portfolio all alone, comprehend how to differentiate it and make it productive.You will become familiar with the psychological systems of expert brokers to accurately oversee takes a chance in circumstances where you really want to know how to settle on the ideal choices for transient exchanging.This fast aide is ideally suited for:Complete novices - regardless of whether you've never purchased a solitary stock! You will figure out how to deal with your ventures freely!Individuals who have taken a stab at exchanging the past yet were fruitless because of mistaken data or sham coursesExisting brokers who need to improve their abilities and increment their acquiring potentialAny individual who needs the opportunity of making a full-time pay with part time exertion!A portion of the data that you will find inside the book incorporates:¿The 4 Significant Exchanging Styles with a total outline of the multitude of various sorts to assist you with picking the best for your requirements¿The 6 Significant Exchanging Stages with subtleties and contrasts to assist you with picking your web-based representative¿Central and Specialized Examination for Day Exchanging and every one of the mysteries you want to turn into an expert broker¿Step by step instructions to peruse Japanese candle to comprehend what the market or cost is doing so you can settle on fitting choices¿Backing and Obstruction: one more of the main exchanging ideas. You will figure out how to remember them with numerous useful models¿The 4 classifications of pointers: in particular pattern, volume, energy and unpredictability markers to decipher market data

'You need this book.' Steven Bartlett, author of The Diary of a CEOThe world is changing. It's time for a new financial playbook.In this must-have guide to optimizing your life for wealth, success and happiness, you'll learn:¿ how to find and follow your talent¿ what small steps you can take now that pay big returns later¿ how to develop better financial habitsBursting with practical, game-changing advice from one of the world's most popular business school professors, The Algebra of Wealth is the practical guidebook you need to win today's wealth game.Today's workers have more opportunities and mobility than any previous generation. They also face unprecedented challenges, including inflation, labour and housing shortages, and climate volatility.Even the notion of 'retirement' is undergoing a profound rethink, as our lifespans extend and our relationship with work evolves. In this environment, the tried-and-true financial advice our parents followed no longer applies.In The Algebra of Wealth, Galloway lays bare the rules of financial success in today's economy. In characteristic unvarnished, no-BS style, he explains you what you need to know in order to improve your chances of achieving economic security no matter what.

PRAISE FOR THE CREDIT INVESTOR'S HANDBOOK "Credit analysis is an underappreciated skill that is essential for investing a cross all asset classes, private and public. Michael's book is an incredibly detailed, step-by-step 'how-to' manual for analyzing credit investments, from performing to distressed, and understanding the complexities of the bankruptcy process." --Joyce Chang, Chair of Global Research, JP Morgan "While there are many books on investing in equities, until now, there were virtually no comprehensive books on investing in debt. The Credit Investor's Handbook fills this gap. While the book is focused on the debt markets, its analytical approach is extremely relevant to equities investors. Furthermore, Michael's use of real-life examples and humor make it an enjoyable read. The Credit Investor's Handbook is a 'must-read'for anyone pursuing a career in research, investment banking, capital allocation, and, most importantly, investing in an ever-evolving global marketplace." --Mario Gabelli, Chairman and Chief Executive Officer of Gabelli Funds "The Credit Investor's Handbook is an extraordinarily comprehensive look at credit investment strategies. It is chock full of rich examples that are bound to be useful in assessing the credit excesses that will undoubtedly unravel in the years ahead. I wish someone had handed me a copy when I came into the business." --Seth A. Klarman, CEO and Portfolio Manager, The Baupost Group "When I got my pre-publication copy of The Credit Investor's Handbook, I turned first to the chapters on distressed debt investing. I found a very helpful, logically organized introduction to the process and some fascinating 'warstories.'Like all good investment books, The Handbook doesn't purport to be a how-to that will yield easy profits, but it does a great job of explaining the elements that must be mastered." --Howard Marks, Co-Chairman, Oaktree Capital Management "Michael's excellent book, The Credit Investor's Handbook, is like a traditional bank's training program on steroids. It offers the same kind of detailed, real-life grounding in financial analysis that was critical to my early success on Wall Street. The book teaches you the practical skills needed to succeed and steers you away from academic theories that don't work in the real world of credit markets. Michael is a great teacher with the unique ability to breakdown complex analysis into simple steps, making it easy to learn. He also brings the same passion and terrific sense of humor he uses in his classroom to the pages of this textbook. I highly recommend it as a 'must-read'for all up-and-coming credit analysts." --Harvey Schwartz, CEO of the Carlyle Group

The Biggest Edition - Revised and Expanded with All New ChaptersA captivating and inspiring guide to building an untouchable empire from mud to marble, no matter what obstacles stand in the wayRick Ross is a hip-hop icon and a towering figure in the business world, but his path to success was not always easy. Despite adversity and setbacks, Ross held tight to his vision and never settled for anything less than greatness. Now, for the first time, he shares his secrets to success, offering his own life as a road map to readers looking to build their own empire. Along the way he reveals: How to turn your ambition into action Tips for managing and investing your money Inside stories from his business and music ventures Why failure is central to success Secrets to handling stressful situations How to build the perfect team As Ross explains, "It doesn't matter what's going on. Even the most dire situation is just another opportunity to boss up."Intimate, insightful and brimming with no-nonsense advice, The Perfect Time to Boss Up is the ideal book for hustlers everywhere.

This new edition of the bestselling guide brings sophisticated investors-including institutional and individual investors, investment bankers, and those who want to follow in the footsteps of legends like John Bogle-up to date on ETFs, risk management, neuropsychological investing concepts, and moreSince its original publication two decades ago, The Four Pillars of Investing has become a classic guide for serious investors. The practicalities of investing, however, have changed dramatically, particularly pertaining to ETFs, and thinking has evolved about a host of key issues, such as lifecycle finance, the nature of risk, and basic finance and neuropsychological concepts. This new edition has been fully updated to address all these issues.Retired neurologist and hugely popular finance author William Bernstein applies his trademark informal writing style to help you become more self-sufficient and make better-informed investment decisions. He walks you through the "four pillars" of investing:The Theory of Investing: "Do not expect high returns without risks."The History of Investing: "About once every generation, the markets go barking mad. If you are unprepared, you are sure to fail."The Psychology of Investing: "Your greatest investment enemy is the face staring back at you in the window."The Business of Investing: "The investment industry wants to make you poor and stupid. Don't let them."You'll learn how to build a solid foundation for investing by focusing on these four essential lessons, each of which builds upon the other. The Four Pillars of Investing includes practical investing advice based on fascinating history lessons from the market, exercises to determine risk tolerance as an investor, and easy-to-understand explanations of risk and reward in the capital markets.This unmatched resource provides the tools you need to construct a high-performance portfolio-without the help of a financial adviser.