WARNING: Transition Is Here…Are Your Family Business and Wealth Prepared for MAJOR Transition?Everything is in Transition. Look around…Business is in Transition. Family is inTransition. And the thing that no one wants to truly admit…Wealth is in Transition.You will be faced with some very difficult choices in the months and years to come.Now is not the time to bury your head in the sand and pray that challenges in your family business will magically work themselves out. You MUST be strategic. You MUST put your family first. You MUST make the right decisions now to prepare for the future.If you don’t, Transition will hit you like a major league baseball swing to the back of your head. You’ll be left unconscious, broken, flailing to survive, being dragged under by the overwhelming weight of your business on your life and your family.How do you navigate change like this in your business?First, you need the real truth about family business longevity. The fact is, 90% of family business are wiped from the face of the earth by the third generation. Only40% even survive making it to the second generation. The numbers are not in your favor.To make matters even worse, wealth management awareness is quickly fading and many of your family members who are involved with the business may not have a strong understanding about the value of a dollar. While you’re fighting with your family members about minor business issues, your wealth is being eroded quickly by poor, uninformed financial decisions made by those closest to you.All this can make trying to position your family business and your wealth for transfer to the next generation a nightmare! But luckily for you, there's now a solution! If you’re looking to not only weather the storm but thrive in your family business, then this new book by Wealth Transition and Family Business Expert, David Werdiger, reveals how every Family Business Owner can understand how to position their family business and wealth transfer for success.Here's just a sample of the what David Werdiger will cover for you in the pages of this insightful new book:TransitionHow to Prepare your Family and Business for the Greatest Wealth Transfer in History● Learn how to better communicate and connect with the other generations involved in your family business. Page 19● Understand the power of storytelling and how it influences your legacy. Page 23● Tap into the entrepreneurial spirit and gain a stronger understanding about what makes the entrepreneurs in your family tick - You might be one of them!Page 44● Identify successful strategies for raising children with wealth and identify the best way to bring them into the family business. Page 77● Can your business continue without you? Make sure you can effectively remove yourself from your business and still have it thrive. Page 96● Discover the cross-generational differences regarding investing and philanthropy. Page 119● Bring balance and meaning to your business, family, and life and recognize how giving is just as important as receiving during a transfer of wealth. Page 127● ... and much, MUCH More!Never before have you had such a unique opportunity to have this PROVEN Wealth Transfer and Family Business Expert take you by the hand and explain not only how to prepare for your business and family for the greatest wealth transfer in history, but also how to position your family business for massive success through the generations to come!Most of what you need is instruction and encouragement from someone who has "been there and done that!" Get this book NOW and claim the Family Business success you want!
Published by: Lasting Press | Publication date: 03/28/2017Kindle book details: Kindle Edition, 152 pages
From Pulitzer Prize–winning journalist Jesse Eisinger, a blistering account of corporate greed and impunity, and the reckless, often anemic response from the Department of Justice.Why were no bankers put in prison after the financial crisis of 2008? Why do CEOs seem to commit wrongdoing with impunity? The problem goes beyond banks deemed “Too Big to Fail” to almost every large corporation in America—to pharmaceutical companies and auto manufacturers and beyond. The Chickenshit Club—an inside reference to prosecutors too scared of failure and too daunted by legal impediments to do their jobs—explains why. A character-driven narrative, the book tells the story from inside the Department of Justice. The complex and richly reported story spans the last decade and a half of prosecutorial fiascos, corporate lobbying, trial losses, and culture shifts that have stripped the government of the will and ability to prosecute top corporate executives. The book begins in the 1970s, when the government pioneered the notion that top corporate executives, not just seedy crooks, could commit heinous crimes and go to prison. The book travels to trading desks on Wall Street, to corporate boardrooms and the offices of prosecutors and F.B.I agents. These revealing looks provide context for the evolution of the Justice Department’s approach to pursuing corporate criminals through the early aughts and into the Justice Department of today. Exposing one of the most important scandals of our time, The Chickenshit Club provides a clear, detailed explanation as to how our Justice Department has come to avoid, bungle, and mismanage the fight to bring these alleged criminals to justice.
Published by: Simon & Schuster | Publication date: 07/11/2017Kindle book details: Kindle Edition, 400 pages
A New York Times Bestseller!"the glowing ghosts of the radium girls haunt us still."—NPR Books The incredible true story of the women who fought America’s Undark dangerThe Curies’ newly discovered element of radium makes gleaming headlines across the nation as the fresh face of beauty, and wonder drug of the medical community. From body lotion to tonic water, the popular new element shines bright in the otherwise dark years of the First World War.Meanwhile, hundreds of girls toil amidst the glowing dust of the radium-dial factories. The glittering chemical covers their bodies from head to toe; they light up the night like industrious fireflies. With such a coveted job, these “shining girls” are the luckiest alive — until they begin to fall mysteriously ill.But the factories that once offered golden opportunities are now ignoring all claims of the gruesome side effects, and the women’s cries of corruption. And as the fatal poison of the radium takes hold, the brave shining girls find themselves embroiled in one of the biggest scandals of America’s early 20th century, and in a groundbreaking battle for workers’ rights that will echo for centuries to come. Written with a sparkling voice and breakneck pace, The Radium Girls fully illuminates the inspiring young women exposed to the “wonder” substance of radium, and their awe-inspiring strength in the face of almost impossible circumstances. Their courage and tenacity led to life-changing regulations, research into nuclear bombing, and ultimately saved hundreds of thousands of lives...
Published by: Sourcebooks | Publication date: 04/18/2017Kindle book details: Kindle Edition, 496 pages
Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do about It
America is becoming a class-based society.It is now conventional wisdom to focus on the wealth of the top 1 percentespecially the top 0.01 percentand how the ultra-rich are concentrating income and prosperity while incomes for most other Americans are stagnant. But the most important, consequential, and widening gap in American society is between the upper middle class and everyone else.Reeves defines the upper middle class as those whose incomes are in the top 20 percent of American society. Income is not the only way to measure a society, but in a market economy it is crucial because access to money generally determines who gets the best quality education, housing, health care, and other necessary goods and services.As Reeves shows, the growing separation between the upper middle class and everyone else can be seen in family structure, neighborhoods, attitudes, and lifestyle. Those at the top of the income ladder are becoming more effective at passing on their status to their children, reducing overall social mobility. The result is not just an economic divide but a fracturing of American society along class lines. Upper-middle-class children become upper-middle-class adults.These trends matter because the separation and perpetuation of the upper middle class corrode prospects for more progressive approaches to policy. Various forms of opportunity hoarding” among the upper middle class make it harder for others to rise up to the top rung. Examples include zoning laws and schooling, occupational licensing, college application procedures, and the allocation of internships. Upper-middle-class opportunity hoarding, Reeves argues, results in a less competitive economy as well as a less open society.Inequality is inevitable and can even be good, within limits. But Reeves argues that society can take effective action to reduce opportunity hoarding and thus promote broader opportunity. This fascinating book shows how American society has become the very class-defined society that earlier Americans rebelled againstand what can be done to restore a more equitable society.
Published by: Brookings Institution Press | Publication date: 05/23/2017Kindle book details: Kindle Edition, 186 pages
A New York Times Bestseller A field guide to the twenty-first century, written by one of its most celebrated observersWe all sense it—something big is going on. You feel it in your workplace. You feel it when you talk to your kids. You can’t miss it when you read the newspapers or watch the news. Our lives are being transformed in so many realms all at once—and it is dizzying. In Thank You for Being Late, a work unlike anything he has attempted before, Thomas L. Friedman exposes the tectonic movements that are reshaping the world today and explains how to get the most out of them and cushion their worst impacts. You will never look at the world the same way again after you read this book: how you understand the news, the work you do, the education your kids need, the investments your employer has to make, and the moral and geopolitical choices our country has to navigate will all be refashioned by Friedman’s original analysis. Friedman begins by taking us into his own way of looking at the world—how he writes a column. After a quick tutorial, he proceeds to write what could only be called a giant column about the twenty-first century. His thesis: to understand the twenty-first century, you need to understand that the planet’s three largest forces—Moore’s law (technology), the Market (globalization), and Mother Nature (climate change and biodiversity loss)—are accelerating all at once. These accelerations are transforming five key realms: the workplace, politics, geopolitics, ethics, and community. Why is this happening? As Friedman shows, the exponential increase in computing power defined by Moore’s law has a lot to do with it. The year 2007 was a major inflection point: the release of the iPhone, together with advances in silicon chips, software, storage, sensors, and networking, created a new technology platform. Friedman calls this platform “the supernova”—for it is an extraordinary release of energy that is reshaping everything from how we hail a taxi to the fate of nations to our most intimate relationships. It is creating vast new opportunities for individuals and small groups to save the world—or to destroy it. Thank You for Being Late is a work of contemporary history that serves as a field manual for how to write and think about this era of accelerations. It’s also an argument for “being late”—for pausing to appreciate this amazing historical epoch we’re passing through and to reflect on its possibilities and dangers. To amplify this point, Friedman revisits his Minnesota hometown in his moving concluding chapters; there, he explores how communities can create a “topsoil of trust” to anchor their increasingly diverse and digital populations. With his trademark vitality, wit, and optimism, Friedman shows that we can overcome the multiple stresses of an age of accelerations—if we slow down, if we dare to be late and use the time to reimagine work, politics, and community. Thank You for Being Late is Friedman’s most ambitious book—and an essential guide to the present and the future.
Published by: Farrar, Straus and Giroux | Publication date: 11/22/2016Kindle book details: Kindle Edition, 496 pages
Few people know that nearly one hundred native languages once spoken in what is now California are near extinction, or that most of Australia's 250 aboriginal languages have vanished. In fact, at least half of the world's languages may die out in the next century.Daniel Nettle and Suzanne Romaine assert that this trend is far more than simply disturbing. Making explicit the link between language survival and environmental issues, they argue that the extinction of languages is part of the larger picture of near-total collapse of the worldwide ecosystem. Indeed, the authors contend that the struggle to preserve precious environmental resources-such as the rainforest-cannot be separated from the struggle to maintain diverse cultures, and that the causes of language death, like that of ecological destruction, lie at the intersection of ecology and politics.In addition to defending the world's endangered languages, the authors also pay homage to the last speakers of dying tongues, such as Red Thundercloud, a Native American in South Carolina; Ned Mandrell, with whom the Manx language passed away in 1974; and Arthur Bennett, an Australian who was the last person to know more than a few words of Mbabaram.In our languages lies the accumulated knowledge of humanity. Indeed, each language is a unique window on experience. Vanishing Voices is a call to preserve this resource, before it is too late.
Published by: Oxford University Press | Publication date: 07/27/2000Kindle book details: Kindle Edition, 250 pages
#1 NEW YORK TIMES BESTSELLERIf you want to build a better future, you must believe in secrets.The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create. In Zero to One, legendary entrepreneur and investor Peter Thiel shows how we can find singular ways to create those new things. Thiel begins with the contrarian premise that we live in an age of technological stagnation, even if we’re too distracted by shiny mobile devices to notice. Information technology has improved rapidly, but there is no reason why progress should be limited to computers or Silicon Valley. Progress can be achieved in any industry or area of business. It comes from the most important skill that every leader must master: learning to think for yourself.Doing what someone else already knows how to do takes the world from 1 to n, adding more of something familiar. But when you do something new, you go from 0 to 1. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace. They will escape competition altogether, because their businesses will be unique. Zero to One presents at once an optimistic view of the future of progress in America and a new way of thinking about innovation: it starts by learning to ask the questions that lead you to find value in unexpected places.
Published by: Crown Business | Publication date: 09/16/2014Kindle book details: Kindle Edition, 223 pages
"A fascinating new perspective on modern finance," --Oliver Hart, 2016 Nobel Laureate in Economics"Lucid, witty and delightfully erudite...From the French revolution to film noir, from the history of probability to Jane Austen and The Simpsons, this is an astonishing intellectual feast." --Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan In 1688, essayist Josef de la Vega described finance as both “the fairest and most deceitful business . . . the noblest and the most infamous in the world, the finest and most vulgar on earth.” The characterization of finance as deceitful, infamous, and vulgar still rings true today – particularly in the wake of the 2008 financial crisis. But, what happened to the fairest, noblest, and finest profession that de la Vega saw? De la Vega hit on an essential truth that has been forgotten: finance can be just as principled, life-affirming, and worthy as it can be fraught with questionable practices. Today, finance is shrouded in mystery for outsiders, while many insiders are uneasy with the disrepute of their profession. How can finance become more accessible and also recover its nobility? Harvard Business School professor Mihir Desai, in his “last lecture” to the graduating Harvard MBA class of 2015, took up the cause of restoring humanity to finance. With incisive wit and irony, his lecture drew upon a rich knowledge of literature, film, history, and philosophy to explain the inner workings of finance in a manner that has never been seen before. This book captures Desai’s lucid exploration of the ideas of finance as seen through the unusual prism of the humanities. Through this novel, creative approach, Desai shows that outsiders can access the underlying ideas easily and insiders can reacquaint themselves with the core humanity of their profession. The mix of finance and the humanities creates unusual pairings: Jane Austen and Anthony Trollope are guides to risk management; Jeff Koons becomes an advocate of leverage; and Mel Brooks’s The Producers teaches us about fiduciary responsibility. In Desai’s vision, the principles of finance also provide answers to critical questions in our lives. Among many surprising parallels, bankruptcy teaches us how to react to failure, the lessons of mergers apply to marriages, and the Capital Asset Pricing Model demonstrates the true value of relationships. THE WISDOM OF FINANCE is a wholly unique book, offering a refreshing new perspective on one of the world’s most complex and misunderstood professions.
Published by: Houghton Mifflin Harcourt | Publication date: 05/23/2017Kindle book details: Kindle Edition, 240 pages
Join the technological revolution that’s taking the financial world by storm. Mastering Bitcoin is your guide through the seemingly complex world of bitcoin, providing the knowledge you need to participate in the internet of money. Whether you’re building the next killer app, investing in a startup, or simply curious about the technology, this revised and expanded second edition provides essential detail to get you started.Bitcoin, the first successful decentralized digital currency, is still in its early stages and yet it’s already spawned a multi-billion-dollar global economy open to anyone with the knowledge and passion to participate. Mastering Bitcoin provides the knowledge. You simply supply the passion.The second edition includes:
- A broad introduction of bitcoin and its underlying blockchain—ideal for non-technical users, investors, and business executives
- An explanation of the technical foundations of bitcoin and cryptographic currencies for developers, engineers, and software and systems architects
- Details of the bitcoin decentralized network, peer-to-peer architecture, transaction lifecycle, and security principles
- New developments such as Segregated Witness, Payment Channels, and Lightning Network
- A deep dive into blockchain applications, including how to combine the building blocks offered by this platform into higher-level applications
- User stories, analogies, examples, and code snippets illustrating key technical concepts
Published by: O'Reilly Media | Publication date: 06/12/2017Kindle book details: Kindle Edition, 408 pages
Learn 9 Important Day Trading StrategiesJoin Andrew's Trading Community at Vancouver-Traders.comVery few careers can offer you the freedom, flexibility and income that day trading does. As a day trader, you can live and work anywhere in the world. You can decide when to work and when not to work. You only answer to yourself. That is the life of the successful day trader. Many people aspire to it, but very few succeed.In the book, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day. I've kept the book short so you can actually finish reading it and not get bored by the middle.For beginner traders, this book gives you an understanding of where to start, how to start, what to expect from day trading, and how to develop your strategy. Simply reading this book, however, will not make you a profitable trader. Profit in trading does not come with reading a book or two or browsing online. It comes with practice, the right tools and software and appropriate ongoing education.Intermediate traders may benefit from the book's extensive overview of some of the classic strategies that the majority of retail traders regularly use with proven success. If you think you are beyond the stage of a novice trader, then you may want to jump ahead and start reading from Chapter 7 for an overview of the most important day trading strategies:Day trading is not gambling or a hobby. You must approach trading very, very seriously. As such, I wake up early, go for a run, take a shower, get dressed, eat breakfast, and fire up my trading station before the markets open in New York. I am awake. I am alert. I am motivated when I sit down and start working on the list of stocks I will watch that day. This morning routine has tremendously helped my mental preparation for coming into the market. Whatever your routine is, starting the morning in a similar fashion will pay invaluable dividends.
ABCD Pattern Trading Bull Flag Momentum Trading Top Reversal Trading Bottom Reversal Trading Moving Average Trend Trading VWAP Trading Support and Resistance TradingFor each strategy, I explain: How to find the Stock in Play for trade What indicators I am using on my charts When I enter the trade When I exit the trade (profit taking) What is my stop lossDay trading is not gambling. It's not an online poker game. To be successful at day trading you need the right tools and you need to be motivated, to work hard, and to persevere.I invite you to join me in the world of day trading. I'm a real person who you can connect with. I love what I do. You can follow my blog post under Author Updates on my Author page on Amazon. You'll see I lose some days. You can read the reviews of my book. I know you will learn much about day trading and the stock market from studying my book. You can join at no cost and with no obligation my community of day traders at vancouver-traders.com. You can ask us questions. Practical, hands-on knowledge. That's How to Day Trade for a Living.
Published by: AMS Publishing Group | Publication date: 07/22/2015Kindle book details: Kindle Edition, 232 pages