3 New Must Read Investment Books

Looking for reading material during the holidays? Looking for a great gift for your investor friends?

by Fred Fuld III

Looking for reading material during the holidays? Looking for a great gift for your investor friends? Look no further than these investment and stock market related books, all of which came out in the last twelve months.

How to Invest: Masters of the Craft

How to Invest: Masters of the Craft by David M. Rubenstein, co-founder of the Carlyle Group, was just released a couple months ago. It is a great compilation of interviews and conversations the author has had with famous investors, such as Ron Baron, John Rogers, Seth Klarman, Ray Dalio, Marc Andreeson, and many others. It doesn’t just cover the stock market; it also includes real estate, fixed income, SPACs, venture capital, and private equity.

Inflation: What It Is, Why It’s Bad, and How to Fix It

Inflation: What It Is, Why It’s Bad, and How to Fix It by Steve Forbes, Nathan Lewis, and Elizabeth Ames was published in April of this year. It covers the history of inflation, why it i bad for society as a whole, what happens if we get hyperinflation, and what can be done to prevent it.

The Cloud Revolution: How the convergence of New Technologies will Unleash the Next Economic Boom and a Roaring 2020s

The Cloud Revolution: How the convergence of New Technologies will Unleash the Next Economic Boom and a Roaring 2020s by Mark P. Mills came out just twelve months ago. It is a very extensive book covering technology from the aspects of information, machines, work, health. education, entertainment, and science. My favorite chapter was Chapter 16 – Work: The “End of Work” Myth.

Hopefully at least one of these books will help you out with your trading.

If you make a purchase through one of our partners’ affiliate links, we may receive compensation—at no extra cost to you.

Above Quota Performance: Tips and Techniques to Becoming a Master Sales Pro

by Fred Fuld III

If you work in sales, and many employees are involved in sales in some form even though they aren’t considered a salesperson, you need to read Above Quota Performance: Tips and Techniques to Becoming a Master Sales Pro, by Steve Weinberg.

This is an extensive guide which covers all aspects of selling; everything from how to get “The Edge”, to the sweet spot to prospect, to the characteristics of high performers.

My favorite chapter is “How to Use LinkedIn for Business Development,” where the author uses the analogy of “Six Degrees of Kevin Bacon.” Many tips and best practices are also included.

The book has charts and summaries throughout along with bonus tips and a checklist at the end.

If you have anything to do with sales, I highly recommend Above Quota Performance.

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Start Your Investment Related Christmas Shopping Now

by Fred Fuld III

Don’t wait until the last minute to do your holiday shopping. Now is a great time to get a gift for your relatives and friends who like to invest or trade stocks.

The following may give you some great ideas to give as presents.

Bronze Bull and Bear Sculpture

The statue measures 10 inches wide by 9.5 inches high, and weighs 6 pounds. The state has a bronze finish with great detail.

Stock Market Wall Street Decision Maker Desk Paperweight

This is cool! A paperweight that you can spin to determine if you should buy, sell, hold, short, etc.

Wall Street Double Feature

Available in both Blu-Ray and DVD.

Stock Traders Almanac 2023


Every stock trader should have this. Filled with great information.

Bull and Bear Cuff Links

Know anyone who still wears cuff links? This would make a perfect gift.

Investment Trivia Book

This book has all kinds of trivia about the stock market, venture capital, bitcoin, and much more!

Bull Market T-Shirt

Here’s a Great Gift for Less Than 20 Bucks!
“I MADE MY MONEY BY BEING A BULL”

Bear Market T-Shirt

For those friends of yours who made their fortune by shorting the market.

Start your holiday shopping early.

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Books Recommended by Tim Knight, the TastyTrade Stock Chartist

by Fred Fuld III

Anyone who watches the online financial network TastyTrade, which was founded by Tom Sosnoff, knows who Tim Knight is.

Tim Knight is the stock chartist who appears every day on TastyTrade’s Trading the Charts with Tim Knight for only 15 minutes, at 12:15 p.m. Pacific, 2:15 p.m. Central, and 3:15 p.m. Eastern time.

In addition, he is the founder of the SlopeOfHope website, which covers  stocks, options, oil gold, the economy, the Fed, and many other topics.

Knight is also an author of many books. In his show today, he mentioned several books that he recommends, including a few that he wrote himself. Here they are:

The World Connection was Knight’s first book, written when he was 16, and predicted such things as talking to people through computers, online banking, and ordering tickets online.

Timing the Market: How to Profit in Bull and Bear Markets with Technical Analysis by Curtis Arnold covers using technical analysis to trade in the stock, bond and commodity markets.

Technical Analysis of Stock Trends by Robert D. Edwards, John Magee, and W. H. C. Bassetti provides information on making profitable trading decisions by utilizing  proven long- and short-term stock trend analysis.

Chart Your Way To Profits: The Online Trader’s Guide to Technical Analysis is one that Tim Knight authored. It is based around the ProphetCharts software that he created.

Panic, Prosperity, and Progress is one of Tim Knight’s more recent books. It is about the financial panics during the last five centuries.

The Fourth Turning: An American Prophecy – What the Cycles of History Tell Us About America’s Next Rendezvous with Destiny by William Strauss and Neil Howe is a book that Knight highly recommends. It shows how history moves in cycles and predicts what may happen in the future.

Happy reading!

 

 

 

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Sachin Khajuria: Founder of Achilles Management & Former Partner at Apollo: Exclusive Interview

by Fred Fuld III

The following informative interview was provided by Sachin Khajuria, the founder of Achilles Management and a former Partner at Apollo, one of the world’s largest alternative asset management firms. He has twenty-five years of investment and finance experience and holds degrees in economics from the University of Cambridge. He is also the author of Two and Twenty: How the Masters of Private Equity Always Win, which was recently released.

This interview contains a lot of great information about the private equity fund industry and the economy. Some of the topics included are as follows:

  • What a private equity fund is and does
  • How private equity funds differ from hedge funds
  • The possibility of a recession
  • The current high inflation rate
  • Stagflation
  • The current state of the stock market
  • Advice for someone who wants to get into the private equity field
  • and much, much more!

The Sachin Khajuria Interview

Enjoy listening to the great insights and information that Sachin Khajuria provides.

To stream the interview, click:

HERE

It may take a few seconds to load. You can also download the interview as an mp3 file by right-clicking (or Control clicking) HERE and choosing “save as”.

The Two and Twenty Book

The book, Two and Twenty: How the Masters of Private Equity Always Win, is available through Amazon and other book stores.

More Information about Sachin Khajuria

Additional information can be found about Sachin Khajuria and his company at Achilleslp.com.

Enjoy the interview!

All opinions are those of Sachin Khajuria, and do not represent the opinions of this site or the interviewer. Neither this site, nor the interviewer, nor the interviewee are rendering tax, legal, or investment advice in this interview.

 

 

 

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Top Stock Market Father’s Day Gifts

by Fred Fuld III

Father’s Day is less than a week away. If you haven’t already done so, now is a great time to get a gift for your father who likes to invest or trade stocks.

The following may give you some great ideas to give as presents.

Bronze Bull and Bear Sculpture

The statue measures 10 inches wide by 9.5 inches high, and weighs 6 pounds. The state has a bronze finish with great detail.

 

Stock Market Wall Street Decision Maker Desk Paperweight

This is cool! A paperweight that you can spin to determine if you should buy, sell, hold, short, etc.

 

Wall Street Double Feature

Available in both Blu-Ray and DVD.

 

Stock Traders Almanac 2022

Stock Traders Almanac
Every stock trader should have this. Filled with great information.

 

Bull and Bear Cuff Links

Know anyone who still wears cuff links? This would make a perfect gift.

 

Investment Trivia Book

This book has all kinds of trivia about the stock market, venture capital, bitcoin, and much more!

Bull Market T-Shirt

Here’s a Great Gift for Less Than 20 Bucks!
“I MADE MY MONEY BY BEING A BULL”

 

Bear Market T-Shirt

For those friends of yours who made their fortune by shorting the market.

Happy Father’s Day to all the fathers out there.

 

 

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What Do Investors Care About Today?

What Do Investors Care About Today?

by Ned Raynolds and Art Gormley, The Dilenschneider Group

Excerpted from The Public Relations Handbook copyright © 2022 by Robert L. Dilenschneider. Reprinted with permission from Matt Holt Books, an imprint of BenBella Books, Inc. All rights reserved.

Until recently, investors were concerned almost exclusively about a company’s revenues and earnings lines and where those numbers were headed in the future.

No more.

Today, investors are also becoming increasingly interested in a firm’s positive or negative contributions to society, in a process called ESG investing, standing for Environmental, Social, and Governance concerns.

ESG investing integrates those socially responsible factors into investment analysis and decision making. However, the factors also cover a wide spectrum of issues that are also relevant to an investor’s financial assessment of a company. So, a company’s ability to meet ESG factors may also affect that same bottom line that investors look at first.

According to Forbes, ESG can include:

“how corporations respond to climate change, how good they are with water management, how effective their health and safety policies are in the protection against accidents, how they manage their supply chains, how they treat their workers and whether they have a corporate culture that builds trust and fosters innovation.”

The term “ESG” was coined in 2005 in a landmark study entitled “Who Cares Wins.” According to the most recent calculation, ESG investing is estimated at over $20 trillion in assets under management, about a quarter of all professionally managed assets around the world!

What’s more, ESG investing has become big business. At this writing, many large banks and other money managers had jumped aggressively onto the ESG idea as a way to market their services.

ESG also runs parallel to the more general societal trend today to demand socially responsible behavior from business. To see how far we’ve come, dial back to September 1970, when the legendary economist Milton Friedman wrote an essay for the New York Times entitled, “A Friedman Doctrine: The Social Responsibility of Business Is to Increase Its Profits.” And contrast that with the Business Round table’s August 2019 statement redefining the purpose of a corporation as promoting “an economy that serves all Americans.” It was signed by 181 CEOs “who commit to lead their companies for the benefit of all stakeholders—customers, employees, suppliers, communities and shareholders.”

Because the Roundtable had been considered a bastion of traditional corporate America, that pronouncement received plenty of attention. But the organization’s commitment really builds on what is becoming the current thinking of many business leaders.

Here’s what some of them have said:

  • In his 2020 letter to shareholders, Larry Fink, chairman and chief executive of Black Rock, who frequently discussed altruistic issues with the firm’s constituents, wrote, “We are facing the ultimate long-term problem. We don’t yet know which predictions about the climate will be most accurate, nor what effects we have failed to consider. But there is no denying the direction we are heading. Every government, company, and shareholder must confront climate change.”
  • Marc Benioff, chair, CEO, and founder of Salesforce, who embraces the title of “activist CEO,” told Fast Company that today, “being a CEO means that you’re taking care of all stakeholders. That stakeholder return is as much table stakes as shareholder return.”
  • And Jamie Dimon, chairman and CEO of JPMorgan Chase, who is also chairman of the Business Roundtable, says, “The American dream is alive, but fraying. Major employers are investing in their workers and communities because they know it is the only way to be successful over the long term. These modernized principles reflect the business community’s unwavering commitment to continue to push for an economy that serves all Americans.”

Further endorsement of ESG principles comes from an unexpected source— the Vatican. The Council for Inclusive Capitalism is affiliated with the Catholic Church and operates under “the moral guidance of Pope Francis.” The Council also includes CEOs of several Fortune 500 companies as well as policymakers and the general secretary of the International Trade Union Confederation. The founder of the Council, Lynn Forester de Rothschild, also chair of investment firm E. L. Rothschild, said, “Doing this is not simply a market imperative . . . The capital markets are such a powerful force, that we need to remember that our actions, who we are and what we are, are based on morality and ethics. And so the Holy Father really asks us to put profits in service of planet and people.”

What are enlightened companies doing today to let investors know about their ESG commitments? Here are some steps to consider:

  • In the annual Form 10-K, include a section summarizing the company’s ESG actions.
  • Issue an annual Sustainability Report, as a number of companies today are doing, especially those with environmental vulnerabilities.
  • Weave material on ESG compliance into earnings news releases and periodically include reports on ESG actions in quarterly earnings presentations.

The above is excerpted from The Public Relations Handbook 

 

About the Editor of The Public Relations Handbook:

Robert L. Dilenschneider formed The Dilenschneider Group in October, 1991. Headquartered in New York and Chicago, the Firm provides strategic advice and counsel to Fortune 500 companies and leading families and individuals around the world, with experience in fields ranging from mergers and acquisitions and crisis communications to marketing, government affairs and international media.

Prior to forming his own firm, Dilenschneider served as president and chief executive officer of Hill and Knowlton, Inc. from 1986 to 1991, tripling that Firm’s revenues to nearly $200 million and delivering more than $30 million in profit.  Dilenschneider was with that organization for nearly 25 years. Dilenschneider started in public relations in 1967 in New York, shortly after receiving an MA in journalism from Ohio State University, and a BA from the University of Notre Dame. For more information, please visit https://robertldilenschneider.com

About the Authors:

Ned Raynolds is a veteran corporate communications executive and strategic advisor with more than thirty years’ experience, versed in all phases of external and internal communications. His focus is on positioning companies that are facing serious challenges with the news media, employees, customers, and the investment community, often working in a team approach with senior management, legal counsel, and outside advisors. Mr. Raynolds previously managed corporate communications for American Airlines for the East Coast, including New York, Boston, and Washington, DC. At American, he enlisted specialty media to reach nearly half a million high-value consumers in Greater New York.

Art Gormley, a Principal with The Dilenschneider Group, joined the firm in 1992, shortly after it was founded. He oversees the firm’s financial relations practice and has worked with the Wall Street and international investment communities for more than twenty-five years. Mr. Gormley has counseled the chief executives, chief financial officers, and boards of directors of countless clients, including some of the world’s largest publicly held corporations. In addition, Mr. Gormley is a highly experienced crisis communicator who has guided clients in their dealings with financial restatements, shareholder litigation, activist investors, and management changes, as well as investigations involving the Securities and Exchange Commission, Internal Revenue Service, and the US Department of Justice, among other government agencies. For more information, please visit https://www.dilenschneider.com

Top Books About Financial Swindles, Scandals, and Scams

If you are looking for some springtime reading, then books about financial swindles, scandals, and scams should interest you. All these books are non-fiction, the real thing, and provide true stories that are pretty incredible.

I have real all of these books, except the last one, and I highly recommend all of them. Enjoy.

American Kingpin: The Epic Hunt for the Criminal Mastermind Behind the Silk Road by Nick Bilton
You have probably heard of the Silk Road but do you know anything about the guy behind it? How he started it, how it grew beyond his or anyone’s wildest dreams, and how money and power can corrupt. It also corrupted some members of law enforcement. An amazing story and a book that reads like a page-turner mystery.

Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World by Tom Wright & Bradley Hope
If you have seen the Wolf of Wall Street movie, but you don’t know where the money came from to make the movie, you need to read this book! How billions were swindled with the help of a major investment banking company. The parties were unbelievable, and included such guests as Leonardo DiCaprio and Paris Hilton. The jewelry was unbelievable. The yachts were unbelievable.

Alligator Blood by James Leighton
An Australian in his 20s goes from delivering pizzas to becoming one of the richest people in Australia from online poker. What happens next …

Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice by Bill Browder
A timely book these days. How the author made a huge amount of money trading Russian shares, and the dark consequences of doing so.

Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street by Sheelah Kolhatkar
About, Steve Cohen, SAC Capital, insider trading, government investigators, and billions of dollars in profits.

The Buy Side: A Wall Street Trader’s Tale of Spectacular Excess by Turney Duff
Autobiographical story of sex, drugs, hedge funds, and lots of money.

The Spider Network: How a Math Genius and a Gang of Scheming Bankers Pulled Off One of the Greatest Scams in History by David Enrich
Have not read this yet, but it’s on my next non-fiction book to read. 4.5 stars on Amazon.

Happy reading!

 

 

 

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Public Relations Handbook

by Fred Fuld III

The Public Relations Handbook by Robert L. Dilenschneider is  compilation of information and guidance for various types of pubic relations situations.

Whether it relates to politics, the government, educational institutions, a crisis issue, investor relations, working with the media, dealing with social media, or public relations issues in other countries, this book has it covered.

Each chapter is written by an expert in their area of public relations expertise, and all chapters have summary takeaways at the end.

If you are involved in PR as a small business owner  or if you are in charge of public relations for a large organization, the Public Relations Handbook is for you.

 

 

 

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These are the 18 books that Warren Buffett thinks you should read to get smarter about investing and trading

Warren Buffett, head of Berkshire Hathaway (BRKA) (BRKB), actually came out with a list of books that he recommends on how to trade stocks and invest.

If you are interested in reading books about how to invest and trade, that are recommended by Warren Buffett, they can be found on the list below:

Business Adventures Twelve Classic Tales from the World of Wall Street

Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition

The Great Crash 1929

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)

Investing Between the Lines: How to Make Smarter Decisions By Decoding CEO Communications

Here are his recommended books about himself.

Berkshire Beyond Buffett: The Enduring Value of Values

 

Berkshire Hathaway Letters to Shareholders

 

50 Years of Berkshire Hathaway Wall Print
This is actually a wall print poster.

 

Buffet: The Making of an American Capitalist

 

Buffett’s Bites: The Essential Investor’s Guide to Warren Buffett’s Shareholder Letters

 

The Essays of Warren Buffett: Lessons for Corporate America, Fifth Edition

 

A Few Lessons for Investors and Managers From Warren Buffett

Here are more books that Warren Buffett recommends about himself.

My Warren Buffett Bible: A Short and Simple Guide to Rational Investing: 284 Quotes from the World’s Most Successful Investor

 

The Oracle & Omaha, How Warren Buffet and His Hometown Shaped Each Other

 

Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2013

 

Warren Buffett on Business: Principles from the Sage of Omaha

 

Warren Buffett’s Ground Rules: Words of Wisdom from the Partnership Letters of the World’s Greatest Investor

Warren Buffett Speaks: Wit and Wisdom from the World’s Greatest Investor

Enjoy your reading!!!

 

 

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