Flash Boys is about a small group of Wall Street guys who figure out that the U.S. stock market has been rigged for the benefit of insiders and that, post–financial crisis, the markets have become not more free but less, and more controlled by the big Wall Street banks.
Working at different firms, they come to this realisation separately; but after they discover one another, the flash boys band together and set out to reform the financial markets. This they do by creating an exchange in which high-frequency trading—source of the most intractable problems—will have no advantage whatsoever.
The characters in Flash Boys are fabulous, each completely different from what you think of when you think “Wall Street guy.” Several have walked away from jobs in the financial sector that paid them millions of dollars a year. From their new vantage point they investigate the big banks, the world’s stock exchanges, and high-frequency trading firms as they have never been investigated, and expose the many strange new ways that Wall Street generates profits.
The light that Lewis shines into the darkest corners of the financial world may not be good for your blood pressure, because if you have any contact with the market, even a retirement account, this story is happening to you. But in the end, Flash Boys is an uplifting read. Here are people who have somehow preserved a moral sense in an environment where you don’t get paid for that; they have perceived an institutionalised injustice and are willing to go to war to fix it.
By sea and on the airwaves, by dollar and yuan, a contest has begun that will shape the next century. China's rise has now entered a critical new phase, as it begins to translate its considerable economic heft into a bigger role on the world stage, challenging America's recent supremacy. With its new navy, China is trying to ease the US out of Asia and re-assert its traditional leadership in the region. Beijing plans to turn the renminbi into the main international currency, toppling the dominance of the US dollar. And by investing billions to send its media companies overseas, it aims to contest Western values and shift the global debate about democracy and human rights. If globalisation has been the driving force of the past few decades, Geoff Dyer argues that a more traditional great power-style competition between the US and China will dominate this century. Yet he also shows why China may struggle to unseat the West - its ambitious designs are provoking intense anxiety, especially in Asia, while America's global alliances have deep roots. If Washington can adjust to a world in which it is no longer the sole dominant power, it may be able to retain its ability to set the global agenda in the face of China's challenge.
In this concise and illuminating volume, renowned financier George Soros examines both the political and economic fault-lines of the European Union to reveal the roots Europe's current financial crisis. Interwoven with aspects from George Soros's personal life, The Fate of the Union narrates the history of the European Union in order to assess the current crisis and its effects on Europe's role in the global economy. Will the Euro survive? George Soros identifies the true culprits of the Eurozone crisis - among them a misbegotten German austerity program - and diagnoses what we must do to rescue the ideals of the European project.
Why, years after the banking crisis, is the global economy still mired in recession and burdened by enormous debts? Why have the tried-and-tested economic policies of the past failed us this time? In Life After Growth, leading City analyst Tim Morgan sets out a ground-breaking analysis of how the economy really works. Economists are mistaken, he argues, when they limit their interpretation of the economy to matters of money. Ultimately, the economy is an energy system, not a monetary one. From this, it follows that we need to think in terms of two economies, not one - a 'real' economy of work, energy, resources, goods and services, and a parallel, 'financial' economy of money and debt. These two economies have parted company, allowing the financial economy to pile up promises that the real economy cannot meet. Starting with the discovery of agriculture, Tim Morgan traces the rise of the economy in terms of work, energy and resources. The driving factor, he explains, has been cheap and abundant energy. As energy has become increasingly costly to obtain, the potential for prosperity has diminished, to the point where growth in the real economy has ceased. An immediate problem is that our commitments - including debt, investments and welfare promises - cannot be honoured, which means that we can expect the financial system to be wracked by value destruction. At the same time, we need to adapt to a future in which prosperity can no longer be taken for granted.
By the end of this book you will have an outstanding CV - Identify your strengths - Understand what recruiters are looking for - Write a powerful CV - Tailor your CV for a specific role - Get the job you want Other books help you talk the talk. The Teach Yourself Coach books helps you walk the walk. Who are you? * Anyone looking for a job Where this book take you? * You will be fully prepared to give an outstanding interview How does it work? * A combination of practical tried-and-tested advice, and unique interactive exercises When can you do it? * In your own time, at your own pace What else do you get? * Access to free online videos and printable resources Why Teach Yourself(R)? * Teach Yourself books are trusted around the world and have helped sixty million people achieve their goals
Great Answers to Tough Interview Questions is the best-selling job-hunting book of all time and the essential companion for all jobseekers. It takes you through the whole process, from composing your CV and preparing for interviews to interview techniques, answering tough questions and even negotiating your new salary. This fully revised new edition includes valuable advice on highlighting your transferable skills and tips for using the internet and social networking as part of your job search. Full of examples of difficult questions that interviewers like to throw at you, Great Answers to Tough Interview Questions is suitable for anyone at any stage of their career, providing all the guidance needed to land that dream job. It is an indispensable guide that blows the competition away, no serious job-hunter can afford to ignore it.
By the end of this book you will be fully prepared to give an outstanding interview . - Identify your strengths and weaknesses - Understand what interviewers are looking for - Practice your answers to typical questions - Build your confidence to tackle any situation - Get the job you want Other books help you talk the talk. The Teach Yourself Coach books helps you walk the walk. Who are you? * Anyone with an interview coming up Where this book take you? * You will be fully prepared to give an outstanding interview How does it work? * A combination of practical tried-and-tested advice, and unique interactive exercises When can you do it? * In your own time, at your own pace What else do you get? * Access to free online videos and printable resources Why Teach Yourself(R)? * Teach Yourself books are trusted around the world and have helped sixty million people achieve their goals
Bestselling author Darryl Davis helps you meet any challenge with a positive outlook - and provides scientifically proven reasons why this generates very real business benefits. Being happy isn't just about being happy - it's about physical, mental, and financial gain. Davis gives you the tools you need to overcome negativity and make vast improvements to your career and personal life. He provides practical mental tools for managing stress, dealing with difficult personalities, self motivation, and overcoming rejection. Darryl Davis is a renowned real estate agent, broker, and speaker, and the creator of the real estate industry's top-selling training programs. He is the founder of the only year-long real estate coaching program, The Power Program, which has proven results of agents doubling their income over their previous year, and is the creator of the nationally acclaimed 3-Day program, s.u.r.e. Results.
This ninth edition of the best-selling How to be an Even Better Manager covers over 60 essential topics across the three key areas in which any manager needs to be competent: managing people; managing activities and processes; and managing and developing yourself. Thoroughly revised and updated, with ten new chapters providing timely advice on topics such as coaching, developing emotional intelligence, innovating and effectively using financial ratios and balance sheets, this is an invaluable handbook for current and aspiring managers. How to be an Even Better Manager provides sound guidelines that will help you to develop a broad base of managerial skills and knowledge.
100 simple, easy-to-use health checks for your eBay business Storefront businesses are popping up across Australia, while many traditional businesses are tapping into eBay as a new sales channel. Other than eBay, what do the owners of all these businesses have in common? They're busy running their businesses and they need smart and easy tips on how to boost their business operations. Now, with Check 100 , eBay expert Todd Alexander offers a simple list of 100 quick health checks that will help owners of small- and medium-size businesses optimise and maximise their eBay profits. It's easy to read and packed with just the facts and guidance you need to run a successful, profitable eBay business. Topics covered include business planning, sourcing and listing products, building a brand, customer service, logistics, marketing, preparing for the future, and more. Presents a simple, easy-to-implement must-do tips for ensuring you're running your business as efficiently and effectively as possible Covers every step required for operating an eBay business Shows you how to implement each step, why you should implement it and how to measure the impact on your eBay business Written by Todd Alexander, Australia's top eBay expert and the author of The New eBay For small business owners and independent eBay sellers, Check 100 presents fast, straight-to-the-point guidance that will turn potential into profits.
This is the only book you need to raise customer service to a world-class level - from bestselling author and leadership guru Ken Blanchard. Written as an entertaining customer-service parable, I Care-Do You? offers an easy-to-implement model based on the importance of caring for both internal and external customers. Ideal for both managers seeking to raise the level of their employees, as well as self-driven customer service professionals, this powerful guide combines practical advice with the rationale behind it to increase customer loyalty through sincere customer care. Ken Blanchard is Chief Spiritual Officer of The Ken Blanchard Companies, a global management training and consulting firm he cofounded in 1979. Victoria Halsey is Vice President of Applied Learning for The Ken Blanchard Companies. Kathy Cuff is a Senior Consulting Partner for The Ken Blanchard Companies.
The perfect pocketbook gift for the power-hungry - from 'the modern Machiavelli', Robert Greene, international bestselling sensation author of The 48 Laws of Power, Seduction and War. This concise version of the business classic Mastery provides a shortcut to Greene's powerful new tools for achieving greatness. Around the globe, people are facing the same problem - that we are born as individuals but are forced to conform to the rules of society if we want to succeed. To see our uniqueness expressed in our achievements, we must first learn the rules - and then change them completely. Charles Darwin began as an underachieving schoolboy, Leonardo da Vinci as an illegitimate outcast. The secret of their eventual greatness lies in a 'rigorous apprenticeship': they learnt to master the 'hidden codes' which determine ultimate success or failure. Then, they rewrote the rules as a reflection of their own individuality. Told through Robert Greene's signature blend of historical anecdote and psychological insight and drawing on interviews with world leaders, Concise Mastery builds on the strategies outlined in The 48 Laws of Power to provide a practical guide to greatness - and learn how to start living by your own rules.
An insightful, behind-the-scences portrait of the technology giant Apple Former Wall Street Journal technology reporter Yukari Iwatani Kane delves deep inside Apple in the two years since Steve Jobs's death, revealing the tensions and challenges CEO Tim Cook and his team face as they try to sustain Jobs's vision and keep the company moving forward. Steve Jobs's death raised one of the most pressing questions in the tech and business worlds: Could Apple stay great without its iconic leader? Many inside the company were eager to prove that Apple could be just as innovative as it had been under Jobs. Others were painfully aware of the immense challenge ahead. As its business has become more complex and global, Apple has come under intense scrutiny, much of it critical. Maintaining market leadership has become crucial as it tries to conquer new frontiers and satisfy the public's insatiable appetite for 'insanely great' products. Based on over two hundred interviews with current and former executives, business partners, Apple watchers and others, Haunted Empire is an illuminating portrait of Apple today that offers clues to its future. With nuanced insights and colourful details that only a seasoned journalist could glean, Kane goes beyond the myths and headlines. She explores Tim Cook's leadership and its impact on Jobs's loyal lieutenants, new product development, and Apple's relationships with Wall Street, the government, tech rivals, suppliers, the media, and consumers. Hard-hitting yet fair, Haunted Empire reveals the perils and opportunities an iconic company faces when it loses its visionary leader.
Tap Dancing to Work compiles six decades of writing on legendary investor Warren Buffett, from Carol Loomis, the reporter who knows him best. Warren Buffett built Berkshire Hathaway into something remarkable - and Fortune had a front-row seat. When Fortune writer Carole Loomis first mentioned a little-known Omaha hedge fund manager in a 1966 article, she didn't dream that Warren Buffett would become the world's greatest investor. Nor did she imagine that she and Buffett would be close friends. As Buffett's fortune and reputation grew, Loomis used her unique insight into his thinking to chronicle his work, writing scores of stories that tracked his many accomplishments - and his occasional mistakes. Now Loomis has collected and updated the best Buffett articles from Fortune between 1966 and 2013, including cover stories and pieces by Buffett himself. Readers will gain fresh insights into Buffett's investment strategies and his thinking on management, philanthropy, public policy, and even parenting. Scores of Buffett books have been written, but none can claim this combination of trust, deep understanding of Buffett's world, and a long-term perspective. The clearest picture of life according to the world's fourth-richest man . (Evening Standard). Stuffed with nuggets and insights - a Christmas fruitcake for the investor . (Financial Times). Carol J. Loomis is a senior editor-at-large at Fortune, where she has worked since 1954. She has been the magazine's expert on Warren Buffett since 1966 and has edited his annual letter to shareholders since 1977. Her many honours include five lifetime achievement awards, including a Gerald Loeb Award for business journalism and Time Inc.'s first-ever Henry Luce Award. This is her first book. She lives in Westchester County.
The ability to communicate is a key part of our everyday lives, a basic and necessary skill. In the workplace it becomes even more vital, shaping both internal and external relationships, affecting every aspect of our roles whatever the line of business, and determining both individual and business success. Using a number of scenarios familiar to us all, from informal colleague interactions to presenting to corporate clients and using examples of both good and bad practice, Closing the Communication Gap breaks down the many communication challenges we face in the workplace, identifying what makes effective communication in the process, providing valuable advice which can be quickly applied profitably to our working lives.
Barron's brand-new GMAT is a game-changer, designed to give you the best balance in both the depth of content and breadth of strategies. Written by two of North America's leading GMAT experts and award-winning instructors, this completely revised new book gives you the confidence to tackle every GMAT problem. You will know what to expect, what theory each question tests, what strategies you have in your arsenal and the step-by-step processes to get the correct answer quickly and efficiently.This new book provides a comprehensive review of all four content areas on the GMAT. Most importantly, it offers solid strategies for managing the particular challenges presented by this high-stakes, computer adaptive exam. For each of the GMAT sections (Verbal, Quantitative, Integrated Reasoning, and the Analytical Writing Assessment), Barron's GMAT provides: <li>Diagnostic Skills Tests--initial quizzes that accurately and quickly assess strengths and weaknesses within a topic area</li><li>Targeted Review Questions--additional questions for the frequent problem subject areas (probability, parallelism, data sufficiency) allowing test-takers to focus on their specific needs</li><li>Strategic Step-by-Step Methods--approaches to each question type field tested by the authors on a wide range of test-takers with differing abilities and goals</li><li>Full-Range Content--questions, strategies, and tips for all test-takers, whether they are aiming for a 70th or 95th percentile score, studying while undergrads or after years in the business world</li> Barron's GMAT includes more strategies, theory, and methodologies than any other stand-alone GMAT book on the market! All questions in the manual come with answers and explanations. The book is also available with an optional CD-ROM, which presents additional questions in all four test areas, also with included answers and explanations.
A full-color, visual guide to the basics of Windows 8.1, written for seniors, by a senior in a jargon-free style, using specific examples in clear, step-by-step instructions Designed specifically for those 55 and older, Windows 8.1 for Seniors QuickSteps is a full-color, fast reference to the major upgrade to the latest version of Microsoft's popular computer operating system. The book provides step-by-step instructions on how to become comfortable with the new interface, which is the same across Windows-based PCs, touchscreen tablets, and mobile devices. This concise guide zeroes in on only the most important topics. Instructions are kept to brief descriptions in plain language while using full-color visuals to clearly lead you through the steps necessary to perform a task. In addition to being a technology expert and experienced computer book writer, the author himself is a senior who has spent many hours getting other seniors comfortable with computers. To create this book, he has pulled together a group of advisers consisting of senior citizens to serve as reviewers and testers. These fellow seniors are introduced in the course of the book, and their feedback is presented to help you get the most out of the book and the topics covered. A visually appealing, full-color guide featuring a larger type size A unique, landscape-oriented layout that mimics a computer screen, displays graphics and explanations side by side, and lays flat so you can easily refer to the book while working on a computer Clear, concise language in step-by-step instructions Specific sets of examples that you can duplicate easily. For example: To copy a file..., or To switch from one running program to another... Features personal experiences and advice from other seniors throughout Help in transitioning from the mouse and keyboard to a touch screen and the tools so you can easily go back and forth among the three environments Covers buying and setting up a Windows 8.1 computer; using touch, a mouse, and the keyboard; starting a program; using menus and dialog boxes; and getting help Includes tips on using Internet for information searches, driving directions, government agency access, shopping, travel, and more Explains e-mail, contacts, Skype, and instant messaging Reviews important security information such as passwords, firewalls, permissions, and encryption Includes details on working with pictures and enjoying multimedia Covers apps, including Alarms, Calculator, Calendar, Games, Music, Reader, Scanner, Sound Recorder, and Media Player