Minggu, 29 Desember 2013

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Foundations for Scientific Investing, by Timothy Falcon Crack

This revised fourth edition lays a firm foundation for thinking about and conducting investment. It does this by helping to build capital markets intuition and critical thinking skills. The material in this book is the product of 25 years of investment experience and 20 painstaking years of destructive testing in university classrooms. Although the topic is applied investments, the integration of finance, economics, accounting, pure mathematics, statistics, numerical techniques, and spreadsheets (or programming) make this an ideal capstone course at the advanced undergraduate or masters/MBA level.

The book has a heavily scientific/quantitative focus, but the material should be accessible to a motivated practitioner or talented individual investor with (for the most part) only high school level mathematics. Although aimed at the advanced undergraduate or masters/MBA level, the careful explanations of a wide range of advanced capital markets topics makes this an excellent book for a U.S. PhD student in need of an easily accessible foundation course in capital markets theory and practice. There are literature reviews of multiple advanced areas, and many research questions are identified that need to be answered to fill gaps in the literature; these research questions would be ideal for a master's thesis or a chapter of a PhD.

The applied nature of the book also makes it ideal for capital markets practitioners. For example, in one exercise, the reader is taken by the hand and walked through construction of a worked spreadsheet example of an active alpha optimization using actual stock market data. The reader gets to build ex-ante alphas, and feed them into an optimization that weighs returns, risk, and transaction costs. A portfolio is rebalanced based on the optimization, and ultimately a backtest is conducted to measure ex post alpha.

Other practitioner material includes advanced time value of money exercises, a review of retirement topics, an extensive discussion of dividends, P/E ratios, transaction costs, the CAPM, and value versus growth versus glamour, and a review of more than 100 years of stock market performance, and more than 200 years of interest rates. Special attention is paid to difficult topics like the Roll critique, smart beta, factor-based investing, and Grinold-Kahn versus Black-Litterman models.

Every investor needs capital markets intuition and critical thinking skills to conduct confident, deliberate, and skeptical investment. The overarching goal of this book is to help investors build these skills.

  • Sales Rank: #2615908 in Books
  • Published on: 2015-08-24
  • Original language: English
  • Number of items: 1
  • Dimensions: 11.02" h x 1.16" w x 8.27" l, 2.80 pounds
  • Binding: Paperback
  • 572 pages

About the Author
Dr. Crack did PhD coursework at MIT and Harvard, and graduated with a PhD in Financial Economics from MIT. He has degrees in Mathematics (with a lot of Statistics), Finance, and Financial Economics and a diploma in Accounting/Finance. He also holds the Investment Management Certificate from the UK Society of Investment Professionals. He has won six university teaching awards and been nominated for five others.

Dr. Crack has published in the top academic journal in Finance (The Journal of Finance), the top practitioner-oriented journals in Finance (The Financial Analysts Journal and The Journal of Futures Markets), and the top pedagogical journal in Finance (The Journal of Financial Education). He has also published in what was the top interdisciplinary Business journal (The Journal of Business). He has written six sole-authored finance books: "Heard on The Street: Quantitative Questions from Wall Street Job Interviews," "Basic Black-Scholes: Option Pricing and Trading," "Foundations for Scientific Investing," a "Test Questions" book to accompany that book, and two "Pocket Heard on The Street" books (one with quant questions from finance job interviews, and one with brain teasers, thinking questions, and non-quant questions from finance job interviews).

Dr. Crack taught at the university level from 1985 to 2000, and again from 2004 onwards, including four years as a front line teaching assistant for MBA students at MIT, and five years teaching undergraduate, MBA and PhD courses at Indiana University's Kelley School of Business. He is now a chaired full professor of Finance in New Zealand.

Dr. Crack has worked as an independent consultant to the New York Stock Exchange and to a foreign government body investigating wrong doing in the financial markets. His most recent practitioner job was as the head of quantitative active equity research for the UK and Continental Europe in the London office of what was the world's largest institutional asset manager.

Most helpful customer reviews

5 of 5 people found the following review helpful.
A gem
By Simon Z. Benninga
Fabulous book! Timothy Crack covers a host of finance topics with a series of sophisticated discussions that combine technical foundations with a lot of wisdom. Many of the chapters are stand-alone, so that a reader can pick and choose among the topics. Crack writes very well and with a wry touch of humor. It's really a wonderful book, and I recommend it very highly

4 of 5 people found the following review helpful.
Written with great clarity with seemlessly integrated topics
By Tom Arnold
This is a very impressive text that provides readable foundational material (algebra, calculus, matrix algebra, and statistics) to explore security returns (and related topics) from academic and "pragmatic" investor perspectives. No matter the level of your interest in investments, there is a portion of the book that will benefit you. Further, because the advanced topics are written in an accessible manner, the reader may find that they can understand a lot more about the given topic than they thought was possible prior to reading the book.

I have a number of books (math, finance, econometrics, and economics) that sit on my shelf because each one covers a particular topic well. Unfortunately, integrating each text's contribution becomes a challenge as each text was not written for the same audience. This text will replace a number of these books because the material is presented with great clarity and is then integrated seamlessly. This is what makes Crack's book so impressive.

2 of 2 people found the following review helpful.
Very Nice Treatment of Advanced Investment Topics
By Amazon Customer
This book makes difficult concepts easy to understand. Some of the concepts are advanced, but it's like having a genius as a tutor. Tim Crack does a great job of explaining current investment methodology and research. Any student considering an advanced degree in finance should consider this a must read. Investment managers wanting to stay sharp would also benefit.

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Rabu, 25 Desember 2013

[L310.Ebook] Fee Download The Art of Crystalline Glazing: Basic Techniques, by Jon Price, Leroy Price

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The Art of Crystalline Glazing: Basic Techniques, by Jon Price, Leroy Price

Crystalline glazing finally receives the comprehensive treatment it deserves in this unique reference work offering complete directions on how these glazes are compounded, applied and fired. How-to exercises cover every step of producing these stunning glazes and the book includes 55 recipes and a firing schedule for each. All glazes are thoroughly explained so artists can easily duplicate them. Detailed instructions show artisans how to alter the number and size of crystals and select the proper clay body. Also included is a thorough discussion of low-fire glazes, frit making, the fundamentals of secondary crystals and troubleshooting tips to help prevent or correct problems.

  • Sales Rank: #1022017 in Books
  • Brand: Brand: Krause Publications
  • Published on: 2003-04
  • Original language: English
  • Number of items: 1
  • Dimensions: .44" h x 8.32" w x 10.90" l,
  • Binding: Paperback
  • 158 pages
Features
  • Used Book in Good Condition

Most helpful customer reviews

1 of 2 people found the following review helpful.
Wonderful resource
By Jennifer
This is the book we go to first when creating a new crystalline glaze. After about a year of experimentation, we are consistently producing beautiful crystals and this book is one of the main reasons.

18 of 20 people found the following review helpful.
Thorough, Systematic, Beautiful!
By Danny Thorpe
Yes, this book is full of beautiful pictures to drool over. After an hour or so of taking in the photos, you may begin to notice there's words and stuff around the photos. Words about the importance of maintaining consistent clay body chemistry when fine-tuning your glaze recipes and firing programs, how to protect your kiln from the caustic "runny" glazes that will ooze right off the bottom of the work, and so forth.

What particularly impressed me as I paid more attention to the words was the author's emphasis on systematic experimentation. There are a lot of variables that affect the formation of zinc oxide crystals, or even whether you'll get any crystal formation at all. So, from the very start you're going to have to run a series of controlled tests to find the "sweet spot" for crystal formation in your kiln, on your particular clay body chemistry, for a particular glaze recipe and firing program. Once you've dialed that in, you can tweak individual parts of the system (glaze formulation, glaze application and thickness, firing program) to alter your baseline crystal glaze. The authors provide detailed recipes and firing programs as well as notes on directions the reader can explore through further experimentation to develop your own unique signature glazes.

3 of 3 people found the following review helpful.
Excellent Starting Point
By Tracey Renner
Price and Price contribute to the literature by providing the reader with needed advice on how to mix glazes, and schedules to fire them with. In fact, the best part of the book is providing the reader with numerous firing schedules and explaining how to use them. I also like their discussion on how to incorporate gum into the glaze solution so that the glaze does not craze. At the same time, I was dissatisfied when I realized that I would not be able to replicate their glazes because most of the glazes that are featured in the book in their illustrations are for cone 11, a temperature that my kiln does not reach. Perhaps because of this, their most beautiful glazes (nickel blue on yellow) did not work in my kiln. That was a disappointment, but I have used recipes from other books with Price and Price's firing schedules and advice. For this reason, I find that the book does not stand alone but must be used with Creber, Shimbo, and other authors.

See all 14 customer reviews...

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Selasa, 17 Desember 2013

[Q993.Ebook] Free Ebook Abraham Lincoln, Slavery, and the Civil War, by Michael P. Johnson

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Abraham Lincoln, Slavery, and the Civil War, by Michael P. Johnson

Letting Lincoln's eloquent voice speak for itself, editor Michael Johnson has collected more than 180 of the writings and speeches that illuminate Lincoln’s life and career, from his youth to his entry into Republican politics and through his presidency. Classics like the Kansas-Nebraska speech, the Lincoln-Douglas Debates, and the Gettysburg Address, along with less familiar writings — poignant letters to individual voters, notes to generals on military strategy, and stirring public speeches — show the development of Lincoln's thought on free labor, slavery, secession, the Civil War, and emancipation. Johnson provides historical context by weaving an engaging narrative around Lincoln’s own words, making this volume the most accessible collection of Lincoln’s writings available. Also included are 14 illustrations, relevant Civil War maps, a Lincoln chronology, reading questions, a bibliography, and an index.

  • Sales Rank: #610983 in Books
  • Published on: 2000-09-15
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.25" h x .51" w x 5.46" l, .78 pounds
  • Binding: Paperback
  • 358 pages

From Library Journal
Lincoln, Slavery, and the Civil War are three topics that continue to interest both scholarly and popular readers. Johnson (history, Johns Hopkins), the author of numerous historical studies and texts, including Reading the American Past: Selected Historical Documents, uses Lincoln's own utterances to shed light on the thought of this intriguing public figure and to tell the story of this highly significant conflict. This volume contains more than 170 samples of Lincoln's private and public writings arranged around relevant topics with informative headnotes, a chronology, and questions to challenge the reader and fuel debate. This is a good acquisition for academic and public libraries of all sizes, but for more comprehensive coverage libraries might choose the classic texts Life and Writings of Abraham Lincoln, edited by Philip Van Doren Stern (Modern Library, 1999) or the two-volume Abraham Lincoln: Speeches and Writings 1859-1865, edited by Don E. Fehrenbacher (Library of America, 1989).DTheresa McDevitt, Indiana Univ. of Pennsylvania Lib.
Copyright 2001 Reed Business Information, Inc.

From Booklist
From more than 120,000 documents available in the collected works of Abraham Lincoln, Johnson has culled approximately 200 dealing directly and indirectly with the two issues that defined Lincoln's presidency: slavery and the Civil War. Though the first three chapters provide a survey of Lincoln's early life and writings, the heart of the book is devoted to letters, notes, speeches, and interviews written and presented during his tenure as U.S. president. What emerges is an overview of how Lincoln's private thoughts and public opinions on free labor, slavery, secession, and the preservation of the Union evolved during this critical time period. A digestible compendium of invaluable primary sources distinguished by Lincoln's trademark wit, compassion, and eloquence. Margaret Flanagan
Copyright © American Library Association. All rights reserved

Review
'Anyone who would understand the American Civil War needs to understand Abraham Lincoln, and it is hard to imagine a better overview than offered here. This volume presents all of Lincoln's most famous writings and a generous sampling of others, along with lucid commentary and truly helpful documentation. Michael Johnson has given us a clear window into a key episode of American history' - Edward L. Ayers, University of Virginia 'This collection, designed to present the 'essential Lincoln', is an invaluable resource for students and general readers interested in exploring Lincoln's views on slavery and the Civil War. Lincoln the wordsmith is displayed superbly in these well-chosen and well-introduced documents.' - Drew Faust, University of Pennsylvania

Most helpful customer reviews

3 of 4 people found the following review helpful.
The Genius of Lincoln in Print!
By Frank Beckendorf
Whether or not you're a fan of Lincoln's position in history, this title will break down some of his contributions to human ears since the days of his existence. Yes, there are indeed gigantic volumes of Lincoln's writings but this title tries to pick out the important contributions...and I think, for the most part, they are the correct ones.

0 of 0 people found the following review helpful.
Great
By Rose
This Item deserves a four star it was clean and nice. It was also better than what I expected! I would recommended to book readers

0 of 0 people found the following review helpful.
Five Stars
By H
History majors would probably run into this read in college

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Senin, 16 Desember 2013

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The Rise Of The Biggest Little City: An Encyclopedic History Of Reno Gaming, 1931-1981 (Gambling Studies Series), by Dwayne Kling

During the first half-century after the establishment of legal gambling in Nevada, the economy, skyline, and lifestyle of the Biggest Little City in the World were largely shaped by the city s casinos and the people who created and operated them. The Rise of the Biggest Little City traces this history from the backroom (and often illegal) dives of the industry s beginnings to the elegant casino-resorts of more recent times. Lavishly illustrated with historic photographs, the book offers the stories of over 300 establishments as well as accounts of the men and women who built Reno s gaming industry as owners, managers, and employees.
Reno was a true pioneer of the gaming industry. It was here that big-name entertainers first performed in a casino setting; elegant hotel rooms and fine dining were first offered as amenities of the gaming experience; and ethnic minorities first owned and operated casinos, and first integrated them. The Rise of the Biggest Little City is an authoritative account of the rise of modern Reno and the colorful history that lies behind today s neon and glitz.

  • Sales Rank: #1013214 in Books
  • Brand: Brand: Univ of Nevada Pr
  • Published on: 2010-08-28
  • Original language: English
  • Number of items: 1
  • Dimensions: 10.25" h x .60" w x 8.50" l, 1.28 pounds
  • Binding: Paperback
  • 256 pages
Features
  • Used Book in Good Condition

Review
A powerful, enlightening, fascinating book. --Reno Gazette-Journal

An incredible book that is a must-have for anyone who may ever need to look something up regarding the first fifty years of gambling in Reno. --Reno News and Review

For anyone who wants to know who anyone was in Reno s history or where anything
happens in the gaming industry, this is an extraordinary piece of work. --International Gaming Studies

From the Publisher
Dwayne Kling worked in the casino industry for over forty years before he retired in 1995.

About the Author
Dwayne Kling worked in Reno s gaming industry for forty-one years, in positions ranging from dealer to owner. He retired in 1995 and has continued recording the history of Reno s casinos and their people as both a writer and an oral-history interviewer.

Most helpful customer reviews

4 of 4 people found the following review helpful.
Terrific - So thorough
By Al W. Moe
Dwayne Kling spent a decade and a half reserching this Terrific, and oh-so thorough book. His dedication to accuracy is evident on every page. Buy it for the history, and you will be knocked-out by the photos! The city of Reno and its claim to fame as a gambling mecca never looked better.

2 of 2 people found the following review helpful.
fascinating read
By frugal quality shopper
Easy read with its abbreviated format yet Kling has captured an amazing amount of detail, even on minor players as well as the major ones in the evolution of the gaming industry in Reno and subsequently in the state. Also includes some history of gaming at nearby Lake Tahoe, but completely misses the real story on the men that started and ran Barney's Club before Harrah's bought it.

1 of 1 people found the following review helpful.
An excellent choice for anyone seeking an accessible historical reference on the subject
By Midwest Book Review
The Rise of the Biggest Little City: An Encyclopedic History of Reno Gaming, 1931-1981 is, as its title suggests, an encyclopedia-style history of gambling and gaming institutions of Reno, Nevada. Individual alphabetized entries range from "Ableman, Nick" (one of the pioneers of Nevada gaming) to "Zimba's Casino" (one of Reno's many gambling institutions - this particular one was legally nailed for failure to report income or fully pay its taxes, was eventually put into receivership, and closed). A wealth of history and legacy spelled out through details, The Rise of the Biggest Little City is further enhanced with maps, and a glossary, and an index, and is an excellent choice for anyone seeking an accessible historical reference on the subject.

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Rabu, 04 Desember 2013

[X111.Ebook] PDF Ebook What The Bible Says About, by Mark A. Finley

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What The Bible Says About, by Mark A. Finley

The Bible contains history, but it is not primarily a history book. The Bible touches on science, but it is not a scientific textbook. It provides insights into the human mind but is not a treatise on psychology. Although God's Word touches on a variety of disciplines, it is first and foremost a revelation of God's will, revealing God's eternal truths to the human race. The Bible answers the three great questions of life: "Why am I here?" Where did I come from?" and "What does the future hold?" Do you have questions about God and faith, life and death, the present and the future? At some point in our lives, we all grapple with those questions and many others. If God is so good, why is the world so full of suffering? How can I live forever? What do Revelation's prophecies mean? What happens after we die? What does Bible prophecy predict about the end of the world? Rather than opinions or sermons, What the Bible Says About is especially designed to give you answers directly from Scripture. If you have never studied the Bible before, you will be amazed at how clear and powerful it is. Even if you have opened its pages many times, you may still be surprised at how clearly the Bible speaks on topics often ignored. With this study guide, what the Bible says will be more understandable. Allow God's Word to answer your deepest questions and speak to your heart's deepest needs.

  • Sales Rank: #175222 in Books
  • Published on: 2012-11-06
  • Original language: English
  • Number of items: 1
  • Dimensions: 10.00" h x 1.00" w x 7.20" l, .0 pounds
  • Binding: Hardcover
  • 530 pages

About the Author
Known for his tremendous energy, vision, and devotion, Mark Finley is a dynamic speaker and prolific writer.

Most helpful customer reviews

3 of 4 people found the following review helpful.
Book of THE BOOK
By Ingrid
This was well written and gave very good foundation information needed for those who are searching for truth. It explains in today's English things that are little confusing for some in the Bible. A must for every spiritual library.

0 of 0 people found the following review helpful.
Every house should have one
By christopher trent
every house should have this book on their book shelf this book will take you through some very important subject on the bible and give not one but many scriptures to back up the claims. If you are a bible student this is a must have learn what the bible really says.

2 of 3 people found the following review helpful.
Super Solid
By Sojourner
Excellent book--trustworthy, great usage of Scripture. I would like to buy these as gifts. Best book of its kind out there.

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Senin, 02 Desember 2013

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  • Published on: 2012-08-09
  • Binding: Paperback

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