Lords of Finance: The Bankers That Broke the World by Liaquat Ahamed

Lords of Finance: The Bankers That Broke the World by Liaquat Ahamed

In 2009 we’re deep into a major recession in the United States and many other countries throughout the world are experiencing many of the same problems. Each week we hear comparisons to previous recessions and economic downturns – but the benchmark for all financial crisis is the “Great Depression”. So, this seems like a great time to read and learn more about what happened around the world from the end of World War I and the late 1930’s. Liaquat Ahamed has written a great book that documents what was happening in the world during this twenty year period. I highly recommend that anyone interested in learning more about what lead up to the Great Depression and how the financial leaders handled it – must read this book.

In 1918 the world was reeling from the events during World War I and they were trying to rebuild their countries and the economies in those countries. We are all familiar with the bare bones of the end of World War I, the Roaring Twenties in the United States, rebuilding in Europe, the financial crash in the United States, the rise of Adolf Hitler and the Nazi party and many of the other events between 1918 and 1938.

· But, how many of us know the details of the individual financial systems in the United States, France, Britain and Germany?

· Do you know what people managed the financial decisions in these countries during that time?

· Do you understand how the gold standard worked and what that meant for each country?

· Do you know what happened in the ongoing debate about war reparations and what that did to various economies around the world?

· What happened within Germany when they were ordered to pay substantial reparations after the war?

· What happened when Germany started printing money around the clock to boost the economy?

These are just a few of the questions that are answered in this book.

In school I remember learning that the financial situation in Germany after World War I was one thing that enabled Adolf Hitler to gain power in Germany. But I never understand the extent of the financial crisis. My depth of understanding on that piece of history has increased dramatically. Understanding what happened in the different countries and the various domino effects are staggering as you turn the pages and see how things fell apart.

I love to read about history and to get a deeper understanding of what led to various events. But I think in the current economic climate – this information is even more important. Most of us have heard the saying that “those who do not study history are destined to repeat it”. That idea kept coming to mind as I read this book and saw many examples of the things these power players in the worldwide economic community tried that failed and in a good number of cases – made the situation much worse.

Through the pages of this book you will meet Montagu Norman of the Bank of England, Emile Moreau of the Banque of France, Hjalmar Schacht of the Reichsbank in Germany and Benjamin Strong of the Federal Reserve Bank of New York. In addition, you will learn how each of these men reached these positions and much about the history of these various financial institutions.

Anyone interested in the economy – and especially people who could make a positive difference in the financial situation – should be required to read this book. For people who are concerned about authenticity – there are 23 pages of notes and references for the information in the book and a 12 page bibliography. This is a long book – over 500 pages of content, plus the notes, bibliography and index. It took me a while to read the book – because its not really the sort of content you want to rush through, but I thoroughly enjoyed the content and feel like I have a much more complete understanding of the things that led up to the Great Depression and how the world recovered from this crisis.

Whale Hunting Women by Dr Barbara Weaver Smith

You may be asking what whale hunting has to do with women and why we’re talking about this in the 21^st century. I was curious when I first heard the title too – but I can guarantee that this book will surprise you. I’ll share the full time which will give you some insights into the content. This book is titled Whale Hunting Women: How Women Do Big Deals.

We get used to long books that go on and on about a topic – but Whale Hunting Women gets right to the point. I couldn’t find any “fluff” in this book, but there is a lot of great content to help you. These are some of the chapters in this book –

· How Women Hunt Whales.

· Only a Minnow (In a Sea of Whales).

· Small Company Looking Big.

· Small Fish Hunting Whales.

· Radical Culture: Take a Rival to Lunch.

· Radical Culture: Money is Cheap.

· Radical Culture: Kill Some Commandments.

· Who Do You Trust?

· Whale Hunting Resolutions.

Women are uniquely qualified to “hunt whales” because they listen, align and empathize. Men can learn these qualities too – but women are usually raised to have these traits. That gives them a boost in the “whale hunting” concept.

For people who aren’t familiar with whale hunting – the entire village was involved in preparing for the hunt and the right combination of skilled people were necessary for the hunt. Imagine having several people in a small boat and having to hunt and kill a whale – then you have to row the boat to get the whale home. They had no “modern conveniences” like radar, radios, motors and other things to help them bring home the whale to help the people in their village. Today we have many tools to make a whale hunt easier, but we still need a skilled team filled with members who all contribute to the hunt.

Dr Barbara Weaver Smith helps the reader understand that small businesses can look bigger and they can compete with big companies to get the big clients. This is where the team you assemble will make the difference and give you an edge. In the current economic climate, using the tips in Whale Hunting Women allows us to compete with the “big boys” by building our team in creative and productive ways to attract the big clients without piling on additional financial obligations of hiring more staff members.

These ideas are just the beginning of the information that is included in this information packed book. As you read through this book we recommend that you take the time to work through the journal pages. I always like it when the author creates review exercises or journal pages that prompts the reader to dig deeper to learn more and to start applying what they are learning.

If you are a business woman or business owner who would like the tools to take the business to the next level – I highly recommend this book. If you have a woman in your life that is in business and she wants to set herself apart from the crowd – you need to buy this book for her. It is available on www.thewhalehunters.com along with much more information about Dr Barbara Weaver Smith and Whale Hunting Women.

The Entrepreneurial Author: Surviving Tough Economic Times By Jay Conrad Levinson and David L Hancock

The Entrepreneurial Author: Surviving Tough Economic Times
By Jay Conrad Levinson and David L Hancock
Foreward by Rick Frishman

When I started doing promotional work, I was always given a limited budget. This meant that I had to get creative and that was one of the things that really appealed to me about promotional work. So, for a long time I was doing “guerilla” marketing – without knowing it. When I was asked to do a review for the new Jay Conrad Levinson book I was very pleased. Since David Hancock is a co-author, that made me even more interested in this book because I’ve enjoyed his entrepreneur author blog. David and I share many thoughts about how authors, especially business book authors, should approach their promotion. Many of these thoughts are included in the pages of The Entrepreneurial Author. Let me say in the beginning that this book is good for many entrepreneurs – not just authors.

Many books are coming out about how to do business in tough economic times and it seems that approach will be useful for the foreseeable future. So, our challenge is to find books that have quality and useful content. I was very pleased with the content in The Entrepreneurial Author. If you are a fan of the Guerilla Marketing books – you will enjoy this book. If you are an author who thinks your publisher is going to do all your promotion – you may not like the content, but you will learn a lot.

When you have a book on the market, you have created a product that you want to sell – that makes you a business person. So, all authors need the “entrepreneurial author” mindset. That is what this book is all about. In tough times, the people who approach their work with the right attitude, have a better opportunity to succeed. If you’re an author – do you approach your writing and book promotion as a business? If not, you need to read this book.

There are a number of great chapters in this book which are geared to working and promoting in a tough economy – such as: Tough Times Don’t Have to be as Tough as You Think, Importance of Stressing Value, Using Consent Marketing Now More Than Ever, Community Involvement During Tough Times, Attracting New Business During Tough Times and Online Marketing in a Shaky Economy.

Additional Chapters Include:
Free and Almost Free Marketing.
The Importance of Service During Tough Times.
Making Yourself the Talk of the Town.
Freebies That Can Lead to Serious Profits.
Getting Extra Mileage From Your Marketing.

I always advocate creativity and ingenuity in promotional efforts and tough economic times makes that even more important than usual. These are the times when we need to show potential clients that we offer great value. We also need to build our credibility for clients and that is a great reason for a business person to write a book.

This book starts at the beginning and helps you see the various options that are available to authors and can help you find the one that is best for you. Too many writers dive into publishing without doing sufficient research and it is amazing how much money this can cost you. The chapter on Tough Times Don’t Have to be as Tough as You Think is easily worth the cost of the book and it offers opportunities for authors and other business people. These tips help you reduce “the cost of marketing while reinforcing the customer relationship”.

I like books that draw you into the content and help you use the information within the book. The Entrepreneurial Author contains Exercises and Action Steps in each chapter to help you dig deeper into the content and also to actually take steps to start doing the work you need to do.

Guerilla Marketing is very much about using your mind and creativity instead of a big advertising budget. What better time could there be to learn how to promote effectively on a tight budget? The content is great and the time is definitely right – to learn to be an entrepreneurial author. Are you ready to take your books and your promotion to the entrepreneurial level? If you realize this is the time – you need to read this book ---- now. I think you will be astounded by how far you can take your writing career and your business by using the information in this book.

Nikki Leigh – Author of Book Promo 201: Harness the Power of the Internet with Web 2.0 and Social Media Marketing

How I Managed $20,000,000,000 By Age 32 By Wade Slome

How I Managed $20,000,000,000 By Age 32

By Wade Slome


First, a bit about Wade Slome

Wade Slome holds an MBA from Cornell University with an emphasis in Finance. He earned a B.A. in Economics from UCLA. In addition, he holds the esteemed credentials of CFA (Chartered Financial Analyst) and CFP (Certified Financial Planner.) He is the go-to resource for USA Today, The New York Times, Dow Jones, Investor’s Business Daily, Bloomberg, Smart Money and many other media outlets. He presently leads his own investment practice in Newport Beach, California.

Wade Slome has led an adventurous life. He started trading penny stocks in high school stock market competitions after the 1987 Crash. As a freshly minted MBA graduate from Cornell University in 1998, he never expected in his wildest dreams to land on one of the largest mutual funds in the entire United States of America. But at the age of 3.

About How I Managed $20,000,000,000 By Age 32

This book was much more entertaining than I expected. While it was being edited and laid out, I saw portions of it. But, then I received the final book and got a chance to read it. I will admit that finance is not something that I know much about. I can manage my finances and I have done bookkeeping for years - but this is a whole different dimension to finance and economics.

I really enjoyed the fact that Slome takes us back to his childhood and we see his development and learn about his family. Its clear the family and his roots are important and helped shape him into the man he is today.

We go with Slome to his college days and to his internship. Through movies, I've seen the life that financial interns and that comes across in the pages of the book. From no pay and low pay and the very long days that all interns have to survive.

Slome goes into a lot of detail about the job where he managed $20,000,000,000. We get an insider's view of a typical day, the responsibilities and rewards. I'd never thought about the type of people he interacted with during this time period. Imagine being in your early 30s and dealing with titans in business. He met with these very powerful people and it was his job to question just about everything.

Throughout the book, some of the headings include:
Influences
Paying His Dues
Chasing Profits
Investment Philosophy
Hedge Funds
Managing Billions

Once we get a clear picture about the man behind the book and the accomplishments, he moves us to topics that are very timely.

Technology and Globalization
Winning Strategies
How to Choose a Financial Advisor
Credentials
What to Do With Your Portfolio

2008 and 2009 have brought and will bring the biggest financial challenges this country and the world have faced in over a quarter of a century. Most Americans seem to be no clue what to do about their financial future and what to do now. Wade Slome has the background and experience to help people have more information about how to tackle the current and future economic situations.