38% Off Discounts: Best Price The One Minute Manager Review

The One Minute Manager

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The One Minute Manager Review

I really liked this book, but for the same reasons I liked it, some may hate it.
First of all, it's an easy read, and it gets its points across by telling a story. Other books, such as The Sixty-Second Motivator, have also used this format succesfully, but this style may not appeal to everyone. To me, it makes the book a lot less boring to read.
Secondly, the book is short. The vast majority of readers will easily be able to read this book in a day. It has bigger font, which I personally liked and thought it made it a joy to read. However here again, some may be turned off by that and consider it to be too "child-like."
Thirdly, the book takes solid mangagerial info and gives it to the reader handily in the form of three "secrets." I found the advice to be very practical and while some may consider it far too simple, it can help you a lot IF you actually apply the info- which I suspect most managers do not.
In conclusion, I recommend this short business classic to anyone looking for better ways to improve their managerial skills. I doubt most will be disappointed. Also liked Who Moved My Cheese? An Amazing Way to Deal with Change in Your Work and in Your Life by the same author.

The One Minute Manager Overview


For more than twenty years, millions of managers in Fortune 500 companies and small businesses nationwide have followed The One Minute Manager's techniques, thus increasing their productivity, job satisfaction, and personal prosperity. These very real results were achieved through learning the management techniques that spell profitability for the organization and its employees.

The One Minute Manager is a concise, easily read story that reveals three very practical secrets: One Minute Goals, One Minute Praisings, and One Minute Reprimands.

The book also presents several studies in medicine and the behavioral sciences that clearly explain why these apparently simple methods work so well with so many people. By the book's end you will know how to apply them to your own situation and enjoy the benefits.

That's why The One Minute Manager has continued to appear on business bestseller lists for more than two decades, and has become an international sensation.


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Buy Cheap Microeconomics Review

Microeconomics

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Microeconomics Review

Samuel Weber's review implies this book is an excerpt; it's not. Microeconomics and macroeconomics are completely different subjects; the courses share only a few introductory chapters (e.g., supply and demand; production possibilities).
Since they're different subjects, in most universities, they're taught by different professors, and students DON'T have the luxury of buying the big "Economics" book and having it last for two courses. I use K/W for micro; I think only one fellow prof uses K/W for macro.
So Mr. Weber's comment is no more true for this book than any other mainstream text.
Some good features of this book:
(1) a separate chapter on decision-making, differentiating discrete from marginal (yes/no from "how much") choice;
(2)choice under uncertainty, including discussion of risk tolerance and insurance;
(3) situations when buyers know more about the product than sellers, or vice versa (issues: "lemons," supervision of workers, warranties);
(4) a chapter on the economics of technology;
(5) interesting stories to start each chapter (such as London's pre-sewer "Great Stink of 1858")
(6) a mainstream focus in spite of Krugman's role as a political/econ

Microeconomics Overview

The same unique voice that made Paul Krugman a widely read economist is evident on every page of Microeconomics. The product of the partnership of coauthors Krugman and Robin Wells, the book returns in a new edition. The new edition is informed and informative, solidly grounded in economic fundamentals yet focused on the realities of today's world and the lives of students. It maintains the signature Krugman/Wells story-driven approach while incorporating organizational changes, new content and features, and new media and supplements. Watch a video interview of Paul Krugman here.

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45% Off Discounts: Best Buy for One Up On Wall Street : How To Use What You Already Know To Make Money In The Market Review

One Up On Wall Street : How To Use What You Already Know To Make Money In The Market

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One Up On Wall Street : How To Use What You Already Know To Make Money In The Market Review

This is the first book I ever read on investing. My cousin, Paul, who was a broker at Merrill Lynch, recommended it to me. I followed Paul into the financial services industry, toiling 12 long years peddling stocks, bonds, mutual funds and insurance products. During my tenure as a Wall Street professional (I use that term very loosely), I must have read 200 different books on investing. Oddly enough, I have discarded many of those poorly written investor guides and still refer back to this classic book penned by Peter Lynch, mutual fund demigod, investment guru, stock-picking legend!
At the heart of Lynch's case is that each individual has enough inherent knowledge and experience to be a successful investor. He uses numerous analogies to show investors:
1. The power of common knowledge (take advantage of what you already know) 2. You don't need to be a Wall Street analyst to uncover great investment opportunities 3. You are not disadvantaged vs. large, institutional investors You don't have to accurately predict the stock market to make money in stocks 4. To keep an open mind to new ideas
From my years on Wall Street, I found many of his theories and ideas to be completely accurate. Many other books I have read focus on the inherent evils of the possessed financial consultant community. Yes, the industry has its problems. However, $8 stock trades are not the only ingredients in profitable investing. In fact, I don't recall him emphasizing the need for discount trades, a fact over-emphasized in almost every other book I have read (remember, I am no longer in the industry...I don't need to strike a case for broker commissions). Instead, he shows you what information to focus on and how to apply it.
Do yourself a favor: Buy this book. Read it twice. It is not outdated...it is timeless. Yea, I know, you already know it all. My advice is to lose the ego and take a refresher course on common sense investing. When you finish, put it on your bookshelf. Do not give it to your kids or neighbors; buy them their own copies. This is a great book!

One Up On Wall Street : How To Use What You Already Know To Make Money In The Market Overview

THE NATIONAL BESTSELLING BOOK THAT EVERY INVESTOR SHOULD OWN Peter Lynch is America's number-one money manager. His mantra: Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research. Now, in a new introduction written specifically for this edition of One Up on Wall Street, Lynch gives his take on the incredible rise of Internet stocks, as well as a list of twenty winning companies of high-tech '90s. That many of these winners are low-tech supports his thesis that amateur investors can continue to reap exceptional rewards from mundane, easy-to-understand companies they encounter in their daily lives. Investment opportunities abound for the layperson, Lynch says. By simply observing business developments and taking notice of your immediate world -- from the mall to the workplace -- you can discover potentially successful companies before professional analysts do. This jump on the experts is what produces "tenbaggers," the stocks that appreciate tenfold or more and turn an average stock portfolio into a star performer. The former star manager of Fidelity's multibillion-dollar Magellan Fund, Lynch reveals how he achieved his spectacular record. Writing with John Rothchild, Lynch offers easy-to-follow directions for sorting out the long shots from the no shots by reviewing a company's financial statements and by identifying which numbers really count. He explains how to stalk tenbaggers and lays out the guidelines for investing in cyclical, turnaround, and fast-growing companies. Lynch promises that if you ignore the ups and downs of the market and the endless speculation about interest rates, in the long term (anywhere from five to fifteen years) your portfolio will reward you. This advice has proved to be timeless and has made One Up on Wall Street a number-one bestseller. And now this classic is as valuable in the new millennium as ever.

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Marketing

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Marketing Review

The kindle version of this book is horrid. No page numbers, so when professor references the book I'm on my own to find it. It's hard to distinguish between chapters. Just all around horrible for using in an actual classroom environment. This is the first kindle version I've purchased and will be the last. I will be going elsewhere for electronic books.

Marketing Overview

Marketing 10/e by Kerin, Hartley and Rudelius continues a tradition of leading the market with contemporary, cutting-edge content presented in a conversational student-oriented style, supported by the most comprehensive, innovative, and useful supplement package available. This text and package is designed to meet the needs of a wide spectrum of faculty—from the professor who just wants a good textbook and a few key supplements, to the professor who wants a top-notch fully integrated multimedia program.Marketing utilizes a unique, innovative, and effective pedagogical approach developed by the authors through the integration of their combined classroom, college, and university experiences. The elements of this approach have been the foundation for each edition of Marketing and serve as the core of the text and its supplements as they evolve and adapt to changes in student learning styles, the growth of the marketing discipline, and the development of new instructional technologies.The distinctive features of the approach are illustrated below:
High Engagement Style - Easy-to-read, interactive, writing style that engages students through activelearning techniques.
Personalized Marketing - A vivid and accurate description of businesses, marketing professionals, and entrepreneurs—through cases, exercises, and testimonials—that allows students to personalize marketing and identify possible career interests.
Marketing Decision Making – The use of extended examples, cases, and videos involving people making marketing decisions.
Integrated Technology - The use of powerful technical resources and learning solutions.
Traditional and Contemporary Coverage - Comprehensive and integrated coverage of traditional andcontemporary concepts.
Rigorous Framework - A pedagogy based on the use of Learning Objectives, Learning Reviews, Learning Objectives Reviews, and supportive student supplements.

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42% Off Discounts: Lowest Price The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade Review

The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade

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The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade Review

Spurred by a Georgetown student anti-sweatshop protest, Pietra Rivoli took up the task of tracing the life of a (tacky souvenir) t-shirt she buys in Florida, to examine the economics and politics of this non-trivial segment of the apparel industry. Why she buys the t-shirt in the first place remains a mystery. Why she needs one from Florida that she will likely discard is even more of a mystery. She made me think about studying the American practice of souvenir shopping and excess consumption. But her t-shirt has a story worth telling.
Rivoli first adeptly traces the history of cotton as a critical world commodity, including the struggles in England two hundred fifty years ago by the wool industry to combat the comfort of cotton, going so far as to prohibit the use of calico and the requirement that people be buried in wool. The questionable economics of slavery moved cotton production to the United States, but it was and still is the intervention of technology, research and financial capital that made cotton farming so much more productive today. Nonetheless, the ability of Texas farmers to market "low quality" cotton can best be attributed to both technology and federal price supports, up to 19 cents on a 59 cent pound of cotton. Cotton, while still a major commodity in global trade, has probably declined in relative value and share of the world economy. What we may be seeing is more of the slow death of the importance a dated commodity and less of a "race to the bottom" that she suggests.
She then takes us to t-shirt and apparel manufacturing and employment, now on the wane in North Carolina, South Carolina and Georgia. People mistakenly think that these jobs are being sent to China. They're not. In fact, they're just disappearing. Rivoli notes that China, between 1995 and 2003, lost ten times the numbers of textiles manufacturing jobs as did the United States (p. 142), and Chinese workers have little or no safety net or alternative employment, unlike their displaced American brethren. In the ill-fated "race to the bottom," it should be clear that this fate seems to await any industry that is unable to maintain a long-term competitive advantage, and the only way to do that seems to be through protectionism. While t-shirts are cheap, saving textile jobs is not cheap. Saving American textile jobs costs between $135,000 and $180,000 per job saved, according to best estimates (p. 144), costing American taxpayers and consumers billions of dollars. Where jobs are being created is in the lobbying and trade association industry. This section (Part III) is an overwhelming alphabet-soup of acronyms - WTO, AGOA, NAFTA, CBTPA, ADTPA, ATC, MFA, ACMI, LTA, ATMI, and ITCB -- for trade agreements, trade associations, trade and lobbying groups, and other defenders of (primarily) protectionism. The complexity of the letters is exceeded by the complexity of the trade agreements they promulgate. It takes a lot of honest, well-intentioned effort and dollars to disrupt the free flow of trade.
As noted above, Rivoli generally passes over the details of the American retail trade for apparel, other than minimal attention to the hated global icon Wal-mart. She observes the expensive foreign vehicles and SUVs in the American shopping mall parking lot, lined up to drop off used clothing at the Salvation Army van in anticipation of going inside and buying up more equally recyclable apparel. I doubt that those malls contain a Wal-mart, and that there is likely a big difference between those who shop at Wal-mart and those who re-cycle clothes before shopping at Lord & Taylor.
This recycled donation sets the stage for the best example of free trade in the book - the used clothing stalls in Tanzania, where savvy shoppers brand shop at rock bottom prices, haggling and playing the market from dawn to dusk. Discriminating, well-informed, fashion-conscious shoppers happily haggle, engaged in one of Tanzania's functioning markets. She is careful not to buy the `humiliation' argument, the one that says that Africans should be ashamed to wear second-hand clothes. As she notes, some of the used stuff dropped off at the American mall never makes it to Africa; it gets picked off along the way as "vintage clothing" and worn by Americans and Japanese willing to pay "hundreds of dollars" for used jeans. As she notes, while much has remained the same in impoverished Africa, most Africans do dress better today, thanks to this free market.
She offers a short conclusion (pp. 211-215) and analysis. She does see some hope: "Cutting agricultural subsidies, democratization, and giving poor countries a place at the table at trade negotiations are all steps in the right direction." She notes Cordell Hull's view, that global commerce may be the best prevention for war.
The book is relatively short (215 pages), well-written, engaging, and, despite the need to use acronyms, very clear and readable. It is an excellent primer on the problems of protectionism and the intricacies of delivering on truly free trade, while noting that many who espouse free trade really don't want to practice it or, more commonly, be subjected to the competition from free trade.
Three minor quibbles.
She writes deferentially about Tom Friedman, his lions and gazelles metaphors, hardware and software analogies, but forgets that he also says that the world is flat. This book shows that the world markets for t-shirts is not free, fair or flat. And the playing field is not level. It is full of lumps, dips, and massive mountains. And, as Rivoli notes, it was not made or kept this way other than by "snarling dogs", not lions, not gazelles. Friedman has popularized interest in globalization but he has shed little light on its understanding or analysis.
With two or three almost casual asides, she seems intent on laying this travesty of fair or free markets at the feet of George Bush, if only because west Texas cotton farmers are such beneficiaries of federal subsidies. A fairer view would recognize that people of the same political and social demeanor who now fight against globalization once fought --- and still do fight -- for crop price protection for farmers.
Rivoli claims that economists everywhere around the globe appear to have universally adopted, recommended and embraced free trade ("virtually unanimous support among professional economists, a group almost without exception who scorn protectionism in general" p. 148). I am not willing to go that far. But you should go so far as to read this good book.

The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade Overview



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Best Buy for The 4-Hour Workweek, Expanded and Updated: Expanded and Updated, With Over 100 New Pages of Cutting-Edge Content. Review

The 4-Hour Workweek, Expanded and Updated: Expanded and Updated, With Over 100 New Pages of Cutting-Edge Content.

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The 4-Hour Workweek, Expanded and Updated: Expanded and Updated, With Over 100 New Pages of Cutting-Edge Content. Review

The title and cover draws people in. 4 Hour Work Week, it's too good to be true. Then we read the first couple of pages, maybe the first couple of chapters. The first chapters are the typical motivational, "you can do it" montage. I'm not going to lie, I felt motivated to give this book a try after reading the first part of the book without even knowing what this book is all about. But as I began to get out of the fluff, and actually found myself reading the core subject of the book, I was utterly disappointed. D is for Definition
In this section Ferriss tells us to do an important task: define what you want. And I agree that most of us live through life not knowing what we want; just following the crowd like a herd of sheep. This section was the motivational, make you feel good section. This wasn't the how, it was the why, and it downright made me pumped.
E is for Elimination
Okay, so he basically says to eliminate all the junk in your life. For example: watch less TV, don't check your e-mail 50 times a day, don't look at your phone 100 times a day, don't surf the web 3 hours a day, etc. It's all good advice, nothing too fancy, or new, just plain old, "don't waste your time" advice. So far so good.
A is for automation
This is where I ran in to problems with Tim's method of creating a "4 hour workweek". First he tells us to outsource a big chunk of our lives using a VA (virtual assistant) from India or Shanghai or wherever. Basically a virtual assistant is a person who assist you in everyday task (checking emails, making reservations, doing research for your job that you got hired to do,set up appointments, etc) so basically an online-personal assistant you hire for dirt cheap. So if you are okay with some guy in India knowing your personal information (SSN, bank account number, phobias, any illnesses you might have, problems in life, and many more as Ferriss states) go ahead and outsource the things you can already do yourself to a guy in India you never met. But Ferris says that misuses of sensitive information are rare; well there could be bias behind that statement, but I'm not willing to find out if it's true or not. The irony of oustourcing your life is that you become dependent on your VA. You no longer have the urge to take control of your own life when it comes to paying bills, making reservations, or doing research for your job because your VA does it for you. So that's the paradox: out source your life, but become more dependent on a foreigner. And Ferriss quotes Ralph Waldo Emerson throughout his book as a motivational spice. But it's apparent that he never read "Self Reliance", the cornerstone of Emerson's philosophy. (Tim if you're going to use Emerson's words, how about not making a book that totally contradicts the philosophy of Emerson? Thanks).
A is for automation Pt. 2
Ferriss then goes on to tell us how we can make up to 40,000 dollars a month of automated income (little work). Basically you create a product and sell it. Plain and simple. He tells you to find a market, find the demographics of your product, make a product and sell it. Yup, your average entrepreneurship. It's nothing new, and Ferris is not an expert entrepreneur. He did have a company BrainQuicken which sells "Neural Accelerator" supplements. The site is 99% advertising and 1% scientific: It sells because it's precisely that. And the product that Ferriss started is not something revolutionary, I'll take my 200mg of caffeine before a workout any day than pay 50.00 dollars plus shipping for BrainQuicken. So if you want to make your own product, market it, sell it and make millions of dollars go ahead. Tim tells you exactly how, but what Tim doesn't tell you is that it takes a lot of work in the beginning, a lot more than 4 hours a week.
L is for Liberation
More like L is for not showing up to work, and being cynical. Now I'm against the 9-5 hours of work. I think that human beings are more efficient enough to get things done in a short period of time, and I believe that society is slowly catching on. But here's Tim's idea of "liberation". Escaping the office: not doing your job or worse, not showing up. Killing your job: quit your job. Mini retirement: take a month vacation every 2 months of work (or pattern that works best for you). Filling the Void: filling in the emptiness and the boredom you feel with fun stuff like becoming a horse archer, learning tango, and winning a fight championship by cheating.
So okay, let's say everything goes well: you are making 40,000 dollars a month, you are working no more than 4 hours a week... now what. Even Ferriss says that you will feel a void... well that sucks doesn't it? Why don't you go and talk to your VA about your problems?
Now obviously I'm against Tim's advertising methods, it's misleading. The book only sells because of the hope it gives 9-5 workers that it's possible. Oh, it's possible but unlikely. Tim is no Bil Gates, Steve Jobs, Warren Buffett, or Clint Eastwood he is nowhere close to them. You see great testimonials from people from Yahoo!, Wired, Silicon Valley, and hell, from Jack Canfield about Tim's book, but not from people like Gates, Jobs, Buffett, Eastwood, or any other highly successful people, why? Because those four know that true success comes from years of hard work, and building lasting relationships with people. Those four know that decreasing your work hours, outsourcing your life, and making a tons of money is not the road to true happiness. Those four people, even if they read this book, will probably throw it in the fire. But for the cynical, "how do I work little and make tons of money" people out there (which is most of the population) this book will initially look like the next Bible. The fact that this book sold well says a lot about our society.
This is a misleading book, there are tons of other great books you can read for true success: Talent is Overrated (no BS way how people become great at what they do), 7 Habits of Highly Effective People (classic), and How to Have Confidence and Power in Dealing with People... to name a few. Very few will read this review before buying, and more copies of this book will sell due to the cynical and lazy nature of people. Don't be one of those people, don't buy this book.

The 4-Hour Workweek, Expanded and Updated: Expanded and Updated, With Over 100 New Pages of Cutting-Edge Content. Overview



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Best Buy for Blink: The Power of Thinking Without Thinking Review

Blink: The Power of Thinking Without Thinking

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Blink: The Power of Thinking Without Thinking Review

Well, as a huge fan of Gladwell's last book, The Tipping Point, I was excited last week to finally get my hands on his new effort: Blink: The Power of Thinking Without Thinking. This time around Gladwell's basic thesis is that often snap judgements (what he calls "thin slicing") can be more accurate than well researched, careful analysis. Gladwell uses many examples (most are interesting) to demonstrate this behavior such as determining when art is faked, sizing up car buyers, picking presidential candidates and determining the characteristics of a person by observing their living space. This has always been Gladwell's talent: taking just-under-the-radar topics and bringing them into the public's view through great journalism and storytelling.
Gladwell is also careful to examine the flipside of this phenomenon: the times when "thin slicing" misleads us or gives us the wrong results. For instance, he presents examples where the mind works based on biases that don't necessarily enter the realm of conscious thought, but are nevertheless there (age, race, height, and so on).
It's a great topic and Gladwell sets it up with some wonderful examples, but then the book begins to have problems. First, the book is a little too anecdotal. Anyone who has ever had a 200-level psych class knows that what looks like cause and effect may be accounted for by an independent variable that wasn't considered (e.g., concluding cancer rates are higher in some area of the country because of pollution, when in fact the area has higher smoking rates as well). Given this, I found that too often conclusions are made on basic handwaving, or that important aspects of studies are not mentioned. For instance, Gladwell describes a study were observers are asked to determine certain characteristics (such as truthfulness, consciensciousness, etc.) of students by observing their dorm rooms; but, never does he mention how exactly one would determine these characteristics of individuals in a scientific manner for comparison. Such omissions leave the reader a little less than convinced.
Nevertheless, even with this flaw the first third of the book supports the thesis and makes for the usual entertaining reading; but things derail from there. The examples start to seem more peripheral: a rogue commander beating the conventional forces in a war game exercise, an artist known as Kenna who apparently should have made it big but didn't (why this example is interesting I've yet to figure out), and some rehash about coke vs pepsi from one of his older articles.
By the end of the book the whole thing derails into examples that just don't seem appropriate for the topic. Sure a study of why Pepsi always does better than Coke in blind tastes tests is interesting (and you can read his article on this without buying the book on Gladwell's web site), but does a study of "sips" vs "whole-can drinking" - people prefer sweet for sips (Pepsi) - really say something about unconscious rapid cognition?
One of Gladwell's greatest strengths is in recognizing interesting things, and then bringing them into conscious awareness so we actually realize these things are happening (whether it be tipping points or rapid cognition). I think he's partly achieved that in this book, but it doesn't come together the way the Tipping Point does. One gets the idea that this topic may have been better handled in an article rather than a full blown book.

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40% Off Discounts: Purchase Cheap This Time Is Different: Eight Centuries of Financial Folly Review

This Time Is Different: Eight Centuries of Financial Folly

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This Time Is Different: Eight Centuries of Financial Folly Review

Reinhart and Rogoff's book provides a quantitative history of financial crises derived from over 600 years and 66 nations. The basic message from all their data is that there are remarkable similarities in today's financial crises with experience from other countries and nations. The common theme is that excessive debt accumulation by government, banks, corporations, or consumers often brings great risk. It makes government look like it is providing greater growth than it is, inflates housing and stock prices beyond sustainable levels, and makes banks seem more stable and profitable than they really are. Large-scale debt buildups make an economy vulnerable to crises of confidence - especially when the debt is short-term and needs to be refinanced (the usual case).

Reinhart and Rogoff go on to conclude that most of these booms end badly. Outcomes include sovereign defaults (government fails to meet payments on its debt), banking crises (heavy investment losses, banking panics), exchange rate crises (Asia, Europe, Latin America in the 1990s), high inflation (a de facto default), and combinations of the preceding (1930s, today).

What did the authors learn from their data digging? Severe financial crises share three characteristics: 1)Declines in real housing prices average 35%, stretched out over six years, while equity prices fall an average 56% over 3.5 years. 2)The unemployment rate rises an average of 7 percentage points during the down phase (average length = four years). Output falls more than 9% over a two-year period. 3)Government debt tends to explode, an average 86% in real terms. The biggest driver of this debt explosion is the collapse in tax revenues; counter-cyclical fiscal policy efforts also contribute, as well as spiking interest rates.

Reinhart and Rogoff also identify what they find to be the best and worst (pronouncements from the Federal Reserve, U.S. Treasury heads, and more than a few 'successful' academics and stock-pickers) early warning indicators of crises. Finally, the authors warn that premature self-congratulations on early successes in correcting a banking crisis may lead to complacency and an even worse state of affairs.

The 'good news' is that Reinhart and Rogoff have provided a detailed and credible accounting of past experiences. The 'bad news' is that despite the authors' scholarly and intense efforts, "This Time is Different" is not likely to sway many minds for two reasons. 1)The book is too much of a scholarly tome to become widely read, and there are too many self-serving 'think-tanks' offering contrarian opinions. Others, more data-driven, will point out that most of "This Time Is Different" is drawn from earlier days and non-U.S. nations, and thus of limited applicability to the U.S. today. 2)Despite recent disproof of claims that government has mastered the economic cycle via Federal Reserve fine-tuning and counter-cyclical government spending, and that 'the old rules of valuation no longer apply,' we're back blowing bubbles. Today's MSNBC headline reads 'New Market Bubble May be Brewing,' the 'Greenspan Put' (government will bail out falling markets, while allowing soaring ones) continues, no action has been taken to rein in Wall Street gambling and unwarranted bonuses, financial institutions believed 'too big to fail' are bigger than ever, and 2010 election pressures will undoubtedly auger for continued easy money, inflating ourselves out of debt, and increased debt at all levels.

This Time Is Different: Eight Centuries of Financial Folly Overview


Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents, This Time Is Different presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes--from medieval currency debasements to today's subprime catastrophe. Carmen Reinhart and Kenneth Rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. The authors draw important lessons from history to show us how much--or how little--we have learned.

Using clear, sharp analysis and comprehensive data, Reinhart and Rogoff document that financial fallouts occur in clusters and strike with surprisingly consistent frequency, duration, and ferocity. They examine the patterns of currency crashes, high and hyperinflation, and government defaults on international and domestic debts--as well as the cycles in housing and equity prices, capital flows, unemployment, and government revenues around these crises. While countries do weather their financial storms, Reinhart and Rogoff prove that short memories make it all too easy for crises to recur.

An important book that will affect policy discussions for a long time to come, This Time Is Different exposes centuries of financial missteps.


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32% Off Discounts: Special Prices for Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves Review

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves

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Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves Review

This is an excellent book that reads like something that Dan Brown might have written. But its real. The part that amazed me was the level of detail Sorkin was able to get about behind the scenes conversations that took place. Stuff about how people such as Dick Fuld of Lehman reacted to the problems when it was becoming clear that the company was going down and he was in denial. How Paulson was reacting to things when there were no rules about what to do.
But probably the most interesting parts were how the different personalities were reacting while the ground was shifting under them. At the peak, many of the people involved were literally working 24 hours a day highlighted by a phone call made to Vikram Pandit, CEO of Citibank at 3 am telling how a deal he made at midnight for Wachovia had instead been trumped by another and that that deal had already been signed and blessed by the government. How major decisions were being made on the run and how solid institutions became institutions on the brink in a matter of hours.
The book also explains how companies like Barclays and China Investment Corporation were working behind the scenes as well how Paulson, Geithener and others in the government were scrambling to keep things from collapsing. There is a lot of Monday Morning Quarterbacking going on and some of the things these people did may not have been the best, but they pulled it off and we should all be grateful.
But there some bad guys, namely the short sellers and as usual some in congress. The book makes clear that out of control short selling added fuel to the flames that were occurring and that when we were facing this emergency some members of Congress were focused on their own butt instead of doing what was needed.
There is a huge cast in this book and its is sometimes hard to keep the people and their roles straight, but make the effort. You will be rewarded.

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves Overview



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29% Off Discounts: Purchase Cheap On Course, Study Skills Plus Edition Review

On Course, Study Skills Plus Edition

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On Course, Study Skills Plus Edition Review

Beginning with the inside of the front cover which lists differences between "successful student" and "struggling student", this book is filled with information which will improve the performance of any student in college. While this should be on the "must read" for summer reading of new college students, it would be useful as a review and ways to improve for any student. There is a self-assessment tool which would point the student to areas of strengths and weaknesses found in the back of Chapter 1. By addressing areas of weaknesses first, this 300+ page book can be broken down to specific chapters. Once the student realizes the results of implementing the suggestions, it will be easy to incorporate the rest of the chapters into the reading schedule. Selected chapters address accepting personal responsibility (chapter 2), discovering self-motivation (chapter 3), and self-awareness (chapter 6).
This volume could be used in the freshman curriculum or bits incorporated into introductory courses already in place. I can see this being included as part of an introduction to psychology class. While the title addresses college, the lessons include topics which are relevant to success in life both during and after one's formal education.
Parts of this could, and should, be used in high school classes for those students who are motivated and wanting to further develop their academic and leadership skills.
I recommend placing a copy of this in every new student's trunk which is being packed for that adventure called "college".

On Course, Study Skills Plus Edition Overview



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35% Off Discounts: Best Buy for Delivering Happiness: A Path to Profits, Passion, and Purpose Review

Delivering Happiness: A Path to Profits, Passion, and Purpose

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Delivering Happiness: A Path to Profits, Passion, and Purpose Review

There has been quite a crop of customer service related books recently, as well as the classics in the field. They each have their own angle, and I'm going to use this brief review as a chance to summarize where Delivering Happiness falls in this group as well as how to complement it with a couple of other books with different approaches that make for a very well-rounded outlook in tandem.
As far as [[Delivering Happiness: A Path to Profits, Passion, and Purpose:]]
I was privileged to get a galley of this much-anticipated title. It's the story of an entrepreneur and the different paths he took (or twists in the one path, depending on how you look at it). A fascinating story, and not just because of the bezillion dollars he got selling the company to amazon. (And: how can you not like a guy who calls his warehouse WHISKY (WareHouse Inventory and Supply in Kentucky -- Page 118)? Heavy emphasis on his pursuit of happiness for himself and his staff -- very admirable and inspiring.
If you're looking to directly transform your customer service/customer experience, you may want to add to Tony's inspiring autobiography some directly actionable books to help you turn his ideas into techniques you can put into practice right away -- and that are highly consonant with Tony's pro-employee, pro-customer, outlook -- I suggest two books --one a classic, one that's new this Spring -- that can take care of this for you.
1. Exceptional Service, Exceptional Profit: The Secrets of Building a Five-Star Customer Service Organization
This, like Tony Hsieh's book, is a new title this Spring. Practical, useful insights from the insiders who created high-tech startups and The Ritz-Carlton. Contains specific prescriptions for how to handle many different customer situations like they're handled at the companies profiled inside (incl: Zappos, Ritz-Carlton, Netflix, Charlie Trotter's, Lexus,), appendices with scripts you can use right away, etc.
2. [[Customers For Life: How To Turn That One-Time Buyer Into a Lifetime Customer]]
This is an older title, and a classic: how a texas cadillac dealer, of all people, mastered great customer service. Extremely simple, but never simplistic. Has inspired many business leaders since it was written. Many pages have usable, actionable insights. If you don't have this in your library (and in your psyche) yet, why not? You can probably grab it used for next to nothing, and the wisdom is timeless enough that you hardly need the "latest revised edition" if you need to save a few dollars.

Delivering Happiness: A Path to Profits, Passion, and Purpose Overview



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Lowest Price Investments (McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate) Review

Investments (McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate)

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Investments (McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate) Review

This is the best book of financial investments in the market. It has a great teaching method with demonstrations and examples. This new edition includes some topics about the financial crisis as well.

Investments (McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate) Overview

Bodie, Kane, and Marcus' Investments sets the standard for graduate/MBA investments textbooks.It blends practical and theoretical coverage, while maintaining an appropriate rigor and a clear writing style.Its unifying theme is that security markets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes.The text places greater emphasis on asset allocation and offers a much broader and deeper treatment of futures, options, and other derivative security markets than most investment texts. It is also the only graduate Investments text to offer an online homework management system, McGraw-Hill's Connect Finance.

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Lowest Price Getting Things Done: The Art of Stress-Free Productivity Review

Getting Things Done: The Art of Stress-Free Productivity

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Getting Things Done: The Art of Stress-Free Productivity Review

OK, first I have to admit I picked up the book at a local Border's where I had a copy on reserve. Having said that... I think I've tried every 'system' for organizing yourself out there. In the 80's it was Day-Timer and Day-Runner. Good calenders and address books, but not much else. 90's was Covey, and Franklin planning. Now we have 'roles and goals' which helps with long term planning but both systems were very inflexible when it came to planning your day to day stuff. I can remember Covey wanting me to plan out my entire week in advance. Nice in theory, but nowhere near reality for those of us whose jobs tend to be more 'crisis-oriented'. I've also tried Agenda, Ecco, Outlook, etc. but its hard to lug around your PC or laptop all the time. About two years ago I came across David Allen's tape seminar and I have to say its the best system I've ever found for organizing 'all' of your life. I can't say it's changed my life (I still have the same job, wife and kids and I still procrastinate too much ) but its certainly made all the difference in me being finally, actually organized on day-to-day basis. I'm now the only one in my office with a clean desk :)
The book covers just about the same material that I learned in the tape series. The tapes have more anecdotes and 'real-life' examples in them, but the book has a few new pearls and tricks that tells me David's been refining and polishing this system since the tape series.
Two last quick points: first, it requires no special binders or refills. You could use a cheap spiral notebook if you want. Personally, I use a palmpilot, which works well. Second, (IMHO) the Weekly Review is the cornerstone of making this system work, and its worked for me for two years. Remember that; it'll make sense once you read the book :) Now if I could only get David to come up with a system for procrastination....

Getting Things Done: The Art of Stress-Free Productivity Overview



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Lowest Price Macroeconomics Review

Macroeconomics

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Macroeconomics Review

If you're confused about all of Dr. Mankiw's different macroeconomics texts floating about out there, lemme try to set you straight.
The one you see on this page: "Macroeconomics" is usually used in 2nd or 3rd year macroeconomics courses in college. This is because the exercises at the end of each chapter can be a little equation-intensive, and some of the exercises, such as the proper derivation of the IS-LM curve, require differentiation. The text of each chapter itself is not so vicious, so a energetic instructor could conceivably use this book in a lower-level course, if you were willing replace the book's exercises with easier ones.
Anyhow, the seventh edition has just come out: this has a bluish abstract geometric-type design on a tan background. The ISBN-13 is 9781429238120. The sixth edition had a blue cover; the fifth edition had an orange cover. The publisher, Palgrave-MacMillan, claims that the seventh edition balances "short-run and long-run issues in a way that emphasizes the relevance of Keynesian and classical ideas to current practice. Featuring the latest data and extensive coverage of the current financial crisis, the text has also been revised with the addition of new case studies on real-world issues such as President Obama's stimulus plan and a study of hyperinflation in Zimbabwe."
Mankiw is also well-known as the author of "Principles of Macroeconomics," currently in its fifth edition (ISBN-10: 0324589972; ISBN-13: 978-0324589979), at least as of my writing. This text is more appropriate for freshman-level, non-major survey courses, or for high-school courses provided that they're honors courses, such as AP courses. The exercises at the end of each chapter require only arithmetic and the most rudimentary algebra.
Note that "Macroeconomics" is not just a gratuitous ratcheting up of "Principles of Macroeconomics:" they're two fundamentally different books, arranged differently, and with completely different publishers. There are even massive concepts in "Macroeconomics" (IS-LM model, Solow steady state, the Keynesian consumption function, etc.) which don't warrant a mention in the much more watered-down "Principles of Macroeconomics."
The publisher of Mankiw's "Principles of Macroeconomics," Thomson South-Western also puts out an even simpler version of that text called "Essentials of Economics" (currently ISBN-10: 0324590024; ISBN-13: 978-0324590029). This book is quite obviously intended for use in normal high-school settings: it's just a watered down version of "Principles of Economics." Whatever edition "Principles of Macroeconomics" is in, that's the edition that "Essentials of Economics" will be in, since they come out in tandem.
Believe it or not, we ain't finished yet. Whenever Thomson South-Western comes out with a new "Principles of Economics," they also come out with a new "Brief Principles of Economics," which is a shorter -- but not watered-down -- version of "Principles of Economics." The level of this is the same as that of "Principles of Economics" (i.e., freshman surveys or honors high school), it's just that many discussions have been given short shrift, should that meet your needs. Like "Essentials of Economics," this will always have the same latest edition as "Principles of Economics." Currently, "Brief Principles of Macroeconomics" is ISBN-10: 0324590377 and ISBN-13: 9780324590371.
As far as I know, Dr. Mankiw is not the author of an intermediate-level microeconomics text similar to the "Macroeconomics" text I discussed first.
Hope all this helps. For what it's worth, Dr. Mankiw looked through this review.

Macroeconomics Overview

Mankiw's masterful text covers the field as accessibly and concisely as possible, in a way that emphasizes the relevance of macroeconomics's classical roots and its current practice. Featuring the latest data, new case studies focused on recent events, and a number of significant content updates, the Seventh Edition takes the Mankiw legacy even further. It offers the clearest, most up-to-date, most accessible course in macroeconomics in the most concise presentation possible.

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Special Prices for The Tipping Point: How Little Things Can Make a Big Difference Review

The Tipping Point: How Little Things Can Make a Big Difference

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The Tipping Point: How Little Things Can Make a Big Difference Review

I read this book in part of one day - it's a good, quick read. Unlike some of the people who didn't care for the book - I never read the New Yorker article. It may be that the book doesn't add enough new info to excite folks who have read that article. But to me the book threw out a good number of new ideas and concepts very quickly and very clearly. I found his ability to draw a nexus between things that, on the surface seem very divergent, was very interesting, and he did it smoothly, without jumping around a lot.
The thrust of the book is that there are three things that can converge to bring about dramatic and perhaps unexpectedly fast changes in our society. These are the context (the situational environment - especially when it's near the balance or 'tipping point'), the idea, and the people involved. His point is that very small changes in any or several of the context, the quality of the idea (which he calls 'stickiness', ie how well the idea sticks), or whether the idea reaches a very small group of key people can trigger a dramatic epidemic of change in society.
"In a given process or system some people matter more than others." (p.19). "The success of any kind of social epidemic is heavily dependent on the involvement of people with a particular and rare set of social gifts." (p.33).
He divides these gifted people into three categories: Connectors, Mavens and Salespeople."Sprinkled among every walk of life ... are a handful of people with a truly extraordinary knack of making friends and acquaintances. They are Connectors." (p. 41). "I always keep up with people." (p. 44 quoting a "Connector"). "in the case of Connectors, their ability to span many different worlds is a function of something intrinsic to their personality, some combination of curiosity, self-confidence, sociability, and energy." (p.49). "The point about Connectors is that by having a foot in so many different worlds they have the effect of bringing them all together." (p.51).
"The word Maven comes from the Yiddish, and it means one who accumulates knowledge." (p. 60). "The fact that Mavens want to help, for no other reason than because they like to help, turns out to be an awfully effective way of getting someone's attention." (p.67)."The one thing that a Maven is not is a persuader. To be a Maven is to be a teacher. But it is also, even more emphatically to be a student." (p.69).
"There is also a select group of people -- Salesmen -- with the skills to persuade us when we are unconvinced of what we are hearing." (p. 70). He goes on to describe an individual named Tom Gau who is a Salesman. "He seems to have some indefinable trait, something powerful and contagious and irresistible that goes beyond what comes out of his mouth, that makes people who meet him want to agree with him. It's energy. It's enthusiasm. It's charm. It's likability. It's all those things and yet something more." (p. 73).
He then goes into the importance of actually gathering empirical data about ideas, and not just relying on theory or assumption to determine quality, or as he calls it, 'stickiness.' He gives examples of where assumptions have been debunked with data. "Kids don't watch when they are stimulated and look away when they are bored. They watch when they understand and look away when they are confused." (p.102). "Children actually don't like commercials as much as we thought they did." (p. 118) "The driving force for a preschooler is not a search for novelty, like it is with older kids, it's a search for understanding and predictability." (p. 126) Hence why your three year old can watch those Barney videos over and over until the tape breaks - it becomes predictable after the third or fourth viewing. This is probably also why Barney suddenly falls out of favor when predictability is less important than novelty.
Finally, there's a point he makes he calls the rule of 150. He starts with some British anthropologists idea that brain size, neocortex size actually, is related to the ability to handle the complexities of social groups. The larger the neocortex, the larger the social group that can be managed. She then charts primate neocortex size against known average social group sizes for various primates, other than humans. Then she plugs human neocortex size into the equation, and out pops 147.8, or about 150. Now that would be not so interesting, except that he goes on to talk about this religious group, the Hutterites. They are clannish like the Amish or Mennonites, and they have a rule that when a colony approaches 150, they split into two and start a new one. He follows that by noting that Military organizations generally split companies at 150-200. And then he talks about Gore - the company that makes Goretex, among other things. They have a ~150 employee per plant rule.
"At a bigger size you have to impose complicated hierarchies and rules and regulations and formal measures to try to command loyalty and cohesion. But below 150...it is possible to achieve the same goals infomally." (p.180)
"When things get larger than that, people become strangers to one another." (p.181)
"Crossing the 150 line is a small change that can make a big difference." (p. 183)
On the whole, I thought the book sparked thought and converstaion, and will make me look at life and business a little differently. To me that's a good book.

The Tipping Point: How Little Things Can Make a Big Difference Overview



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31% Off Discounts: Best Price Financial Management: Theory & Practice (with Thomson ONE - Business School Edition 1-Year Printed Access Card) Review

Financial Management: Theory and Practice (with Thomson ONE - Business School Edition 1-Year Printed Access Card)

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Financial Management: Theory & Practice (with Thomson ONE - Business School Edition 1-Year Printed Access Card) Review

Great book. Very clear and concise! It takes the time to walk the reader through various methods to calculate and solve problems. I strongly recommend this book for Financial Studies

Financial Management: Theory & Practice (with Thomson ONE - Business School Edition 1-Year Printed Access Card) Overview

Give future and current managers a thorough understanding of the financial theory that is essential for developing and implementing effective financial strategies in business today. Brigham/Ehrhardt's leading Financial Management: Theory and Practice (13th Edition) is the only text that strikes a perfect balance between solid financial theory and practical applications. Readers gain a strong working knowledge of today's changed financial environment as this edition examines recent financial crises, the global economic crisis, and role of finance in the business and students' personal lives. This book's relevant presentation, numerous examples and emphasis on using Excel spreadsheets shows readers how to increase the value of a firm. Integrated practice using Thomson ONE-Business School Edition gives readers hands-on experience using the same research tool Wall Street professionals rely upon daily. This book is both the ideal choice for today's introductory MBA course as well as a valuable reference tool for students throughout their academic and business careers.
About This Edition
New Features
Reorganization offers flexible coverage for one-semester or two-semester courses.This new edition is reorganized to address key concepts and essential topics within the first 17 chapters, ensuring that students receive the coverage they need whether in a one- or a two-semester course. Later chapters provide more advanced and expanded treatment of topics to build upon earlier material and increase student mastery of concepts.
The latest examples reflect today's global economic crisis.Updated, timely real examples throughout almost every chapter demonstrate the impact of today's financial crisis in all areas of business and life. New "Global Economic Crisis" boxes in many chapters highlight specific finance issues related to the crisis.
Chapter opening graphics emphasize the big picture for students.New, informative graphics at the beginning of each chapter clearly illustrate how the chapter's topics and concepts fit into the overall financial framework.
Excel tool kits, now integrated with the text, ensure student spreadsheet proficiency.The authors have created Excel Tool Kits for each chapter to enhance student proficiency with spreadsheets. Tool Kit models, available as self-taught tutorials through the book's website, detail many of the features and functions of Excel. In this edition, actual screen captures from the Excel Tool Kit models appear within the text, allowing students to clearly and more closely follow the models in analysis.
Aplia finance saves time and supports interactive learning.Today's fastest-growing interactive online homework management system, Aplia engages students in course concepts, ensures that they practice on a regular basis, and helps them prepare for finance with a series of tutorials. Problem sets specific to this edition provide instant grades and detailed feedback. Students have the opportunity to learn from and improve with every question.

Additional Features
Professional power of Thomson ONE - Business School Edition lets students work with actual financial tools.Now students can complete financial research and analysis using the same tool that professional brokers and Wall Street analysts trust every day--Thomson ONE - Business School Edition online database. Educators and students have instant access to leading financial data sources, including Thomson Financial, Worldscope, SEC Disclosure, First Call, Datastream and more. Corresponding Thomson ONE problems in most chapters in the text enable valuable practice.
End-of-chapter spreadsheet problems guide students through building a model.Partially completed, end-of-chapter spreadsheets contain financial data and instructions on how to "build a model." This structure guides the student through the problem, minimizes unnecessary typing and data entry, and makes it easy to grade the work because all student answers appear in the same location on the spreadsheet.
Unmatched author expertise ensures a clear, contemporary approach.This premier authorship team combines the extensive teaching background and more than 30 years of text writing experience of Dr. Gene Brigham with the contemporary scholarship and practical, professional expertise of Dr. Mike Ehrhardt. Together, these authors deliver a consistent, accurate, and innovative approach that will keep students first in finance.
Practical application of theory and trends highlights the role of finance today.The authors clearly illustrate the application of concepts and theories throughout the book's proven presentation, wealth of actual business examples, thought-provoking problem sets, and integrated mini-cases. Comprehensive mini-cases at the end of each chapter further demonstrate applications with corresponding PowerPoint slides and spreadsheets as well as solutions on the Instructor's password-protected website.
A multidisciplinary approach demonstrates how finance affects all areas of business.The authors interweave various subjects throughout the text discussion to clearly demonstrate how business impacts finance and how all areas of business are affected by finance.
Early coverage of financial statements establishes a strong context for the concepts that follow.Presenting financial statements early within the text provides a clear picture of what financial management is all about. Students understand how the effects of financial decisions are shared throughout the firm. Early introductions to risk analysis, discounted cash flow techniques, valuation procedures, and EVA/MVA allows the authors to use and reinforce these key concepts throughout the book.

See this title's supplement:
Study Guide for Brigham/Ehrhardt's Financial Management: Theory and Practice (13th Edition)


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32% Off Discounts: Buy Cheap Nickel and Dimed: On (Not) Getting By in America Review

Nickel and Dimed: On (Not) Getting By in America

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Nickel and Dimed: On (Not) Getting By in America Review

Nickeled and Dimed has an interesting premise: an upper middle class woman tries to live on wages of an unskilled jobs in three different locations in the US. Here Ehrenreich describes her experiences doing just that and tries to relate these experiences to a larger frame of reference by laying out statistics about the US.
From having done this and that over the summers while in college and having spent the past year earning 3.85/hour plus room and board I can sort of compare my experiences in accessing Ehrenreich's book. Two things that made Ehrenreich's experiences harder than they probably would be for a person who was living the life that she was trying to visit are that she moved around frequently and she wasn't as frugal a shopper as she could have been. The moving around means that she was always starting fresh. From my experience after about 2 months in a city I know where to go for this and that and my expenses drop. Also she wasn't the most frugal person. When she had to get khaki pants on short notice for a waitressing job, she spent 40$ on pants with a stain from a discount store. In Florida (the same state) at about the same time I had to get khaki pants on short notice and found them for 15$. I'm kind if fat and so there was less of a selection for me than for someone in a more common size. I doubt that normal people in such jobs would spend 40$ on pants. 15$ felt like alot to me. From Ehrenreich's description she didn't bat an eye at 40$
Ehrenrich's descriptions of co-worker's plights are more realistic. While it isn't so hard to get by at poverty level (unless you get sick like missing work sick) I have trouble imagining how to raise a family on minimum wage. Descriptions of co-workers whose food budget was tiny are common. I kind of wonder how these people felt about being quizzed. I feel that there was too much focus on rent and food. These are big expenses but they are predictable. Once one finds a way to make ends meet that's stable at least.
One aspect of being poor that I feel was neglected was the lack of medical care. Insurance coverage is expensive and if it doesn't come with the job then that is a big budgeting item. Also jobs without benefits are the one that pay less. Also the difficulty in getting sit down work if one gets injured is a huge issue. Ehrenreich kind of touches on these with statistics and concern for a co-worker with a sprained ankle respectively, but she spends most of her time discussing how the nations poor can't buy food or make rent and trying to make poverty an immediate life or death issue. For me poverty is about not having a safety net.
When I was working for 3.85 and room and board (no benefits at all) I had a co-worker with higher pay use this book to explain how easy I had it. At the time I was trying to scrape together enough for a dental visit and pay some work related expenses. (I had switched jobs and underestimated the fees for work related training and equipment.) She was angry that I was having trouble getting cash together because that reflected badly on the company. Which brings me to a point: Everyday you are in contact with someone who is living at poverty level. Because they shower and know how to get by you may not realize this. The starving limping people Ehrenreich describes aren't common, but that shouldn't be used to undercut the problems faced by poor people who are not in an emergency state right now. It seems to me that many of the people I know who have read this book have strange ideas about the poor to begin with. So if you haven't been poor for a while then don't make this your only source for info about it.
I reccommend Nikeled and Dimed, but take it with a grain of salt. Ehrenreich is a tourist of poverty and has a shallow impression not a deep understanding of the issues.

Nickel and Dimed: On (Not) Getting By in America Overview



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34% Off Discounts: Best Buy for Now, Discover Your Strengths Review

Now, Discover Your Strengths

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Now, Discover Your Strengths Review

Trying to overcome your weaknesses is a waste of time, according to Marcus Buckingham and Donald O. Clifton, Ph.D., of the Gallup Organization, and authors of the book NOW, DISCOVER YOUR STRENGTHS (Free Press, 2001).
"Casting a critical eye on our weaknesses . . . will only help us prevent failure. It will not help us reach excellence," they write in their thought-provoking book, the follow-up to the outstanding and best-selling Gallup work, FIRST, BREAK ALL THE RULES (Simon & Schuster, 1999).
Most organizations fail to achieve excellence, the authors contend, because they also fall into the "overcome your weaknesses" trap. Companies do a poor job of tapping the potential already present on their payroll because they try to make employees into something they're not-at the expense of exploiting individuals' innate talents.
Furthermore, Gallup researchers conclude that most of the energy, time, and money that organizations place on trying to hire, train, and develop well-rounded employees is wasted. "When we studied them, excellent performers were rarely well-rounded. On the contrary, they were sharp," the authors quip.
Internet Connection. To actually discover your strengths, you cannot rely on the book's pages. You must go online to complete an innovative web-based assessment that identifies your top five individual talent-strengths (and provides you with a brief custom report that you can print or email to someone, like your spouse or boss).
Oddly, if you like the assessment, you cannot purchase additional assessments for your staff, spouse, kids, or anyone else. For them to access the assessment, they must each buy another book.
Other Weaknesses. The book encourages managers to review and become familiar with their direct reports' strength analyses (so as to manage to each individual uniquely). But the authors provide neither a mechanism nor a process to do this.
You are told to consult the book for suggestions on managing your employees who each embody unique mixes of some 34 different strengths. Dauntingly, the authors tell us there are "over thirty-three million possible combinations of the top five strengths." A well-intending manager apparently has a lot of customizing to do. The book provides scant help for that.
Putting the Strengths concept to work more broadly in the organization is even more complex and overwhelming. Selecting and promoting people, as suggested in the book's "Practical Guide," requires profiling at least 100 employees who are all working in the same job (50 top achievers and 50 clunkers). Then you build a database of statistically significant trait patterns. Then you buy every candidate a book, give them a web connection... Then you try to do pattern matching...
The so-called Practical Guide quickly appears all but practical to all but the largest operations.
Target: HR Folk. The authors also take a swing at their firm's consulting customers-HR departments. They assail broad competency training efforts and write: "Many human resources departments have an inferiority complex. With the best of intentions they do everything they can to highlight the importance of people, but when sitting around the boardroom table, they suspect that they don't get the same respect as finance, marketing, or operations. In many instances they are right, but, unfortunately, in many instances they don't deserve to. Why? Because they don't have any data."
Unfortunately, this book does NOT provide them with meaningful solutions for closing that gap (other than, presumably, hiring Gallup consultants for large scale projects).
My Motivation. Gallup's StrengthFinder report tells me that my top personal strengths include the Maximizer tendency-which compels me to "transform something strong into something superb." And the Command strength--characterized as feeling "compelled to present the facts or the truth, no matter how unpleasant it may be."
The truth is this: One can't help but think that the well-constructed concept advanced in this enlightening and occasionally entertaining book might have gone from strong to superb. But instead, it seems to have been rushed to market to quickly capitalize on the success of FIRST, BREAK ALL THE RULES. And that's too bad. Because this worthwhile book, as is true of many of the people it intends to help, has considerable strengths undermined by what are otherwise correctable weaknesses.

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Lowest Price Fundamentals of Corporate Finance Standard Edition Review

Fundamentals of Corporate Finance Standard Edition

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Fundamentals of Corporate Finance Standard Edition Review

I bought this book for my finance class. It's my first finance book, so it's difficult for me to judge whether it's a good finance book or not. Though I can say that the book is easy to read and the best part for me was that it provided a website with chapters presentations, exercises, and quizes, which really helped me to prepare for the tests. In general, I think that the authors did a good job to introduce finance to people who are not familiar with the subject.

Fundamentals of Corporate Finance Standard Edition Overview

The best-selling Fundamentals of Corporate Finance (FCF) is written with one strongly held principle– that corporate finance should be developed and taught in terms of a few integrated, powerful ideas.As such, there are three basic themes that are the central focus of the book:1) An emphasis on intuition—underlying ideas are discussed in general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation.2) A unified valuation approach—net present value (NPV) is treated as the basic concept underlying corporate finance.Every subject covered is firmly rooted in valuation, and care is taken to explain how particular decisions have valuation effects.3) A managerial focus—the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment.The Ninth Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader.Every chapter has been updated to provide the most current examples that reflect corporate finance in today's world.The supplements package has been updated and improved, and with the new Excel Master online tool, student and instructor support has never been stronger.

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Best Price The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change Review

The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change

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The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change Review

As the title of the book implies, Covey describes the seven habits of highly effective people and techniques for adopting the seven habits. Covey makes clear that an individual must make a paradigm shift before incorporating these habits into his/her own personal life. A paradigm is essentially the way an individual perceives something. Covey emphasizes that if we want to make a change in our lives, we should probably first focus on our personal attitudes and behaviors. He applies different examples via family, business, and society in general.
This book's focal point is on an approach to obtain personal and interpersonal effectiveness. Covey points out that private victories precede public victories. He makes the example that making and keeping promises to ourselves comes before making and keeping promises to others.
Habits 1, 2, and 3 deal with self-mastery. They move an individual from dependency on others to independence. Habits 4, 5, and 6 deal with teamwork, cooperation, and communication. These habits deal with transforming a person from dependency to independence to interdependence. Interdependence simply means mutual dependence. Habit 7 embodies all of the other habits to help an individual work toward continuous improvement.
Habit 1 discusses the importance of being proactive. Covey states that we are responsible for our own lives; therefore, we possess the initiative to make things happen. He also points out that proactive people so not blame various circumstances for their behaviors but they realize behavior comes from one's conscious. Covey also explains that the other type of person is reactive. Reactive people are affected by their social as well as physical surroundings. This means that if the weather is bad, then it affects their behavior such as their attitude and performance.
He also explains that all problems that are experienced by individuals fall into one of three categories, which are direct control, indirect control, or no control. The problems that are classified under direct control are the problems that involve our own behavior. The problems classified as indirect control encompasses problems that we can do nothing about. The problems classified as no control are those that we can do nothing about.
Habit 2 focuses on beginning with the end in mind. Covey wants the reader to envision his/her funeral. This may sound disheartening but his goal is to help you think about the words that you wish to be said about you; it can help the individual visualize what you value the most.To begin with the end simply means to start with your destination in mind. That gives an individual a sense of where he/she presently is in their life. One has to know where they are going to make sure that they are headed in the right direction. Covey also mentions that the most effective way to begin with the end is by developing a personal mission statement. After doing that, you should identify your center of attention. Are you spouse centered, money centered, family centered, etc. The he tells you depending on you core of interest, your foundation for security, guidance, and power.
Habit 3 is the practical fulfillment of Habits 1 and 2. Covey accentuates that Habits 1 and 2 are prerequisite to Habit 3. He states that an individual cannot become principle centered developing their own proactive nature; or without being aware of your paradigms; or the capability of envisioning the contribution that is yours to make. One must have an independent will. This is the ability to make decisions and to act in accordance with them.
Habit 4 deals with the six paradigms of interaction, which are win/win, win/lose, lose/win, lose/lose, win, and win/win or no deal. Win/win is a situation in which everyone benefits something. It is not your way or my way; it is a better way. Win/lose declares that if I win then you lose. Simply put, I get my way; you don't get yours. Win/lose people usually use position, power, possessions, or personality to get their way. The win/lose type of person is the person that feels that if I lose; you win. People who feel this way are usually easy to please and find the strength of others intimidating. When two win/lose people get together both will lose resulting in a lose/lose situation. Both will try to get the upper end of the stick but in the end, neither gets anything. The person that simply thinks to win secures their own ends and leaves it up to others to secure theirs. The win/win or no deal person means that if there is not a suitable solution met that satisfies both parties then there is no agreement.
Habit 5 deals with seeking means of effective communication. This habit deals with seeking first to understand. However, we usually seek first to be understood. Most people to not listen with the intent to understand but with the intent to reply. The act of listening to understand is referred to as empathic listening. That means you try to get into the person's frame of mind and think as they are thinking.
Habit 6 discuses combining all of the other habits to prepare us for the habit of synergy. Synergy means that the sum of the whole is greater than the sum of its parts. Possessing all of the habits will benefit an individual more than possessing one or two of them. Synergism in communication allows you to open your mind to new possibilities or new options.
Habit 7 involves surrounds the other habits because it is the habit that makes all of the others possible. It is amplifying the greatest asset you have which is yourself. It is renewing your physical, emotional, mental, and social nature. The physical scope involves caring for yourself effectively. Spiritual renewal will take more time. Our mental development comes through formal education. Quality literature in our field of study as well as other fields help to broaden our paradigms. Renewing the social dimension is not as time consuming as the others. We can start by our everyday interactions with people.
Moving along the upward spiral requires us to continuously learn, commit, and do on higher planes. This is essential to keep progressing. At the end of each habit, there are application suggestions or exercises that help you become a more effective person. This is definitely not a quick fix it book. The concepts should be studied in order to be fully achieved. I think if you learn to use these 7 habits, it will change your life.
This is a must-have book.

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45% Off Discounts: Purchase Cheap Influence: Science and Practice (5th Edition) Review

Influence: Science and Practice (5th Edition)

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Influence: Science and Practice (5th Edition) Review

"Influence" by Robert Cialdini is one of the most wonderful and influential books I've ever read! Other books have been written on the topic, but Cialdini's is the best and most influential of them all.
"Influence" deals with the study of persuasion, compliance, and change - a subject that has application for every area of life. Cialdini presents the latest research on influence in a compelling way, clearly stating the 6 principles of influence and providing wonderful illustrations of each principle from advertising, psychology and other fields. If we understood these 6 principles better, we would be less subject to manipulation from others (for example, the manipulation to buy things we don't need or to buy more than we need). We might, in turn, also be able to understand how to influence others for good.
The 6 principles of influence are:
1. The Rule of Reciprocation: "We should try to repay in kind what another person has provided us."
2. Commitment and Consistency: "Once we make a choice or take a stand, we will encounter personal and interpersonal pressures to behave consistently with that commitment."
3. Social Proof: "We determine what is correct by finding out what other people think is correct."
4. Liking: "We most prefer to say yes to the requests of people we know and like."
5. Authority - we have a deep-seated sense of duty to authority
6. Scarcity - something is more valuable when it is less available
I find that in my own life, these 6 principles are remarkably powerful and have the ability to explain a lot of the behavior I observe as a father, teacher, and priest. We would all benefit from memorizing and mastering these six principles. They are simple but extremely powerful. My daughter read this book when she was 14 or 15, and I had to wrestle with her to get it back because she loved it so much! I only hope she doesn't begin using the principles against me!
One of the best parts of the book is the wonderful examples of each principle that Cialdini provides. An experiment to demonstrate the principle of authority, conducted by Stanley Milgram, is the classic example. In this experiment, two volunteers show up to help with an experiment, purportedly to test the effect of punishment on learning and memory. A researcher in a lab coat with a clipboard explains the experiment to the volunteers and that one is to take the role of the Teacher, who will administer increasingly higher levels of electric shock to the other volunteer, the Learner. Every time the Learner got a question incorrect, the Teacher was to administer a higher level of shock. However, the real experiment was to test how willing the Teacher was to administer pain to the innocent Learner, who was not really another volunteer but an actor pretending to be in increasing stages of pain. The results shocked everyone, for Milgram discovered that about two-thirds of the subjects were willing to administer the highest level of electric shock. The reason? Their deep-seated duty to authority.
Influence is filled with many such fascinating and useful examples of how our lives are influenced by others. I highly recommend the book to all readers, for influence is something common to us all, for good or for evil.

Influence: Science and Practice (5th Edition) Overview

Influence: Science and Practice is an examination of the psychology of compliance (i.e. uncovering which factors cause a person to say "yes" to another's request). Written in a narrative style combined with scholarly research, Cialdini combines evidence from experimental work with the techniques and strategies he gathered while working as a salesperson, fundraiser, advertiser, and in other positions inside organizations that commonly use compliance tactics to get us to say "yes." Widely used in classes, as well as sold to people operating successfully in the business world, the eagerly awaited revision of Influence reminds the reader of the power of persuasion.Cialdini organizes compliance techniques into six categories based on psychological principles that direct human behavior: reciprocation, consistency, social proof, liking, authority, and scarcity.

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