Showing posts with label Financial Economics (General). Show all posts
Showing posts with label Financial Economics (General). Show all posts

12/20/2009

Review of Financial Darwinism: Create Value or Self-Destruct in a World of Risk (Hardcover)

I was fascinated by the premise of Financial Darwinism and found myself agreeing with most of its conclusions and remedies. The subject matter is extremely timely right now. Investors, politicians, and financial people are struggling to understand the new financial world order. An astounding amount of leverage and risk was not at all visible before this crisis and resulting losses were surprising, to say the least.

The theory is solid and fascinating and is clearly a strong suit. This is why I couldn't wait to get to the "real life" examples presented in Chapter 5, which is the heart of the message. The case study of the current financial crisis illustrates why Tilman's theory works. This chapter makes getting through the detail in prior chapters, where the reader is trying to understand the implications of the book's ideas, worth it.

Notwithstanding somewhat excessive use of dashes (the author's amusing style quirk), the clarity of thought is impressive. As a journalist and personal investor, I was afraid that this book would only be understandable (and of use) to finance experts, executives, economists, and such. This was not at all the case - thanks to all the main points clearly laid out in the first chapter.

Despite the Darwinian message, it is likely this book will become the new "bible" for businesses and investors around the world.



Click Here to see more reviews about: Financial Darwinism: Create Value or Self-Destruct in a World of Risk (Hardcover)

11/29/2009

Review of Barron's Finance and Investment Handbook, 7th Edition (Hardcover)

This book, useful for both the novice and the more advanced investor, provides a thorough overview of almost every type of investment (including bonds, annuities, life insurance, etc.) and an comprehensive glossary ofinvestment terms.It is handy when it comes to looking up unfamiliar termsand is an enjoyable overall read.The book also contains a listing ofbrokerages, banks, etc. with phone numbers and addresses.It is probablythe authoritative volume on investing, which is to be expected coming fromBarron's.It's definitely well worth it!



Click Here to see more reviews about: Barron's Finance and Investment Handbook, 7th Edition (Hardcover)