As we sit in early 2003, we still have lots of money sloshing around in global markets but he argues we are in a mirror-image situation to 1981: commodities are very cheap and stocks and bonds are expensive. The recent rally in the CRB, in gold, and possibly in real estate, are the "shots across the bow" for a long-term investor shift back to hard assets and commodities in general. Deflation is the fear du-jour but Faber argues that all three major economic blocks (US, Europe and Asia) are debasing their currencies for stimulative reasons, meaning that all currencies are likely to devalue against hard assets -- ie the price of gold, real estate, etc. will rise. The coming inflation (still maybe a year or more away due to weak economic growth) will be bad new for bonds. He does favor emerging market stocks based on their strong correlation with commodity prices.
I found the chapter on Kondratieff to be less-convincing and more muddled. However, Faber backs up his arguments with lots of interesting charts and facts and all-in-all makes a coherent and persuasive argument for an emerging markets/commodities long-term bull market.
benefit from studying and using the book. The second part reports on and
elaborates some relevant or interesting aspects of the book.
This book can be highly useful to financial advisers, and to entrepreneurs
who plan to start a new business or who are already running a business of
their own. The book can be used effectively in courses on entrepreneurship
taught in Schools of Business (Management), or sometimes in Law Schools.
Some of the book's chapters as 3, 4, 10, and 18 can be assigned in
introductory courses on management. If the instructor does not require
students to buy the book, then the college or university library should
acquire a few copies of the book so that the relevant chapters could be on
a reading list for introductory management courses.
The book has very good explanations of many topics related to
entrepreneurship. We describe below, a few of such well treated topics.
Many of my MBA students would like to eventually, or right after
graduation, found their own business. They ask many questions about what
legal form should their entrepreneurial venture take. Lane's book provides
an exhaustive explanation of the benefits and costs of several legal
organizational forms: proprietorship, partnership, corporation, S
corporation, and incorporation in Delaware or in another state. The book
also reports on a more recent legal form entitled: Limited Liability
Company (LLC).
Lane's book provides a well-written explanation of how to evaluate a new or
existing entrepreneurial venture. He describes the ins and outs of
breakeven analysis, simple forecasting financial models, and relevant
aspects of financial statements which the entrepreneur must be able to
understand for his/her own sake as well as for presentation to his/her
audience of potential investors. The book is a good source for providing
knowledge of other topics which the entrepreneur must understand to be able
to run his/her business efficiently. These include the ebbs and flows of
the processes of cash and receivables. Additionally, it provides a
discussion of other business processes. If the entrepreneur's business is
one of producing or reselling physical manufactured goods, then for such a
situation the book provides a good discussion of the inventory process.
Also provided in a comprehensive discussion are the ups and downs of the
liabilities process which has to be monitored closely by the entrepreneur.
The book performs well in providing the necessary understanding of business
processes. It presents its concepts and ideas in a lucid and clear fashion.
Among other analyses, the book offers in-depth analysis of risk management
for the entrepreneur. It discusses and explains the very important
insurance principle. It delves into the types of insurance that are
relevant for any business enterprise: property insurance, liability
insurance, self-insurance,
and specific insurance for directors and officers of the business entity.
Another important topic received a thorough going treatment: valuing the
business. This topic is especially of interest to entrepreneurs who own
their businesses and whose ventures achieved a measure of success. When
success and growth become permanent features of the business the notion of
selling the business to other entrepreneurs or to a large company may
become an option. Some older owners would like to sell to attain a
comfortable retirement without the pressures of running a business. Young
owners may wish to sell, cash in, and move on to other experiences. Thus a
guide to valuation and selling is a useful part of the book.
This review focused on a few of the many interesting topics covered in
Lane's book. However, it should be borne in mind that the book covers many
more topics of interest. The book unravels its presentation over 310 pages
and 18 chapters. It contains a wealth of information relevant to the
founding, running, financing and selling of business enterprises. It is and
will be useful for financial advisors and entrepreneurs...
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Marc Shapiro does a great job in delivering the goods behind every episode. I was very impressed with this from Andy Meisler, and Marc Shapiro doesn't disappoint. There is interesting background information on all the episodes - things like the time-crunch in making "Requiem" and the fact that Gillian Anderson had to wear a wig in a car scene in "The Goldberg Variation" because it was shot after her hair stylist had sheared off her lovely locks.
Included in this book are eight full-color pages of images from the seventh season. Those images selected are fine enough, but they only focus on about four or five episodes, which doesn't do such a great season justice. It would have been nice to see more of a mix - some mythology episodes ("The Sixth Extinction" and "Sein Und Zeit") and stand-alone episodes ("En Ami" and "All Things"). But this is a minor detraction from an overall sharp-looking book.
Any fans of the series should have this volume sitting on their bookshelves. This is a must-have, and it is an enjoyable read. Well worth the wait in the time it took to get it published.
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BACKGROUND:
For those unfamiliar with 24 (shame on you!!!), the plot is basically about a government agent named Jack Bauer who is assigned to a mission to protect a Presidential candidate, Senator David Palmer, from an assassination attempt. In the midst of his assignment, Bauer finds himself drawn into a very deep, and very personal plot that traces its roots to a failed mission he was assigned to a few years previous. The men he was sent to take out are out to exact revenge on both he and David Palmer, the man who authorized the mission.
ABOUT THE BOOK:
"24: The House Special Subcommittee's Findings at CTU," basically picks up where the 1st Season leaves off as Jack and his CTU comrades testify before a special House sub-committee assigned to ascertain the truth about the events that took place on the day of the California Presidential-primary. The book recounts in great detail the events the took place that day (as seen on the show). Beyond that though, the book also goes even deeper into the story chronicling the events of Operation Nightfall (Jack's failed mission that led to the Drazen assassination plot) as well as the events that took place immediately in the aftermath of Season One. Aside from testimony from Jack and Tony Almeida the book also includes numerous character profiles (many taken from the 24 website and many seen for the first time in the book) plus other records such as autopsy reports, news statements, police statements and other official records.
THE COMPLETE PICTURE (?????)
This book is definitely the perfect companion to the first season. It definitely answers many of the lingering questions that viewers may have had after watching the first season (such as why did Gaines try to kill Nina if they were on the same side?). The books also stands alone from Season Two. Reading this book will not give you any particular insight into the events of Season 2. However, I can say this though, after reading this book you do come to realize one thing. Well two things actually:
1.The plot in 24 against Jack and Palmer runs VERY deep, more than you'll ever know from watching BOTH Seasons 1 and 2.
2.The writers of the show are probably the best writing team there is on television today
I'm very much looking forward to seeing how the plot thread lines connect even more in Season 3.
Tick, tick, tick, tick...
Total Read Time: 8 hours, spread across three evenings
Must Read (for fans of the show)
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Brandon M.
While amusing the grown-ups for the same reasons the story also throws up many interesting points for them to mull over. Here are some of them:
To start with, young children will always come up with unattainable demands, and the parents-doting or otherwise-would do well not to dismiss them offhand. The King chased the impossible dream of his ailing daughter and came out successful.
Next, the story shows that people in power are often prisoners of their own rigid patterns of thinking and doing things. If they must come anything near to solving problems they have to break the shackles of convention. The Lord High Chamberlain was trapped in the web of his bureaucratic achievements and the Royal Mathematician could not think beyond his complex rules of calculation. They, unlike the Jester, did not leave any space in their minds for new ideas to sneak in.
The story tells us to use the perspective of a child, at times, for a change. Innocent and uncluttered minds may throw up fresh ideas, which are often blocked by our mindsets and in-depth knowledge. Only when the Jester decided to look at the problem with the eyes of the Princess did he find that the answers lay in the child herself. Creativity must be nurtured in a mind that is a fresh green pasture. This story has a very good lesson in divergent thinking and would make great reading in the creativity and problem solving courses.
It has a great stress-busting lesson too. We worry most of the time for causes, which do not exist. The King fretted about the unpleasant consequences when the Princess would look at the sky, but did the real moon bother the Princess at all?
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Kernighan's book it's ideal for Unix beginner's and offers a friendly general introduction to Unix programming and also covers shell programming very well. Rochkind's book details the basic Unix system calls and libraries.
I think that this book is still valuable and can be used as a fast course about the old-style Unix programming. The best book on this subject is "Advanced Programming in Unix Environment" by Richard Stevens, that is well written, updated and covers much more topics, but takes a lot of time to read.
My favorite part is when Rochkind comments the source code of a mini-shell that can help you understand the mechanism of a real Unix shell.
But notice, Unix Network Programming it's not covered here.
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A heartwarming book by an intellectual and spiritual mover/shaker.
Well worth the money.
BY ISRAEL REGARDIE AND EDITED BY MARC ALLEN
This book is an extrordinary beautyful classic, one that I hope stays in print for a very long time. This is a book of not only healing but of spiritual wholeness. This is suitable for any one wheather you are a Wiccan, a New Age Christian, A spiritist, Ceremonial Magician, shaman, atheist no matter what you will find that this book is spiritual but in no way static. The Middle Pillar ritual is discussed here. The auther and editer even state that you can alter it as long as it stays within the proinciple of the ritual. Meaning you can chant the English traslations. Example instead of vibrating Eheih for the crown galgal you can chant "I am", I see, I speak instead of YHVH Elohim. I love instead of YHVH Eloah ve-d'ath. I create instead of Shaddai El Chai. and I bless instead of Adonai Ha-Aretz. Also you can do a silent vibration for the God names as well. The color scale they use for the MP here is the elemental scale instead of the Briatic col! ors of the Tree of Life. For Wiccan you can change it to your traditional colors of the elements. But the suggestion here is when you first begin is to see each galgal gold or white and to actually vibrate the god names. Also there is a variation of using the chackras instead of just using the galgals. (They are diffrent in ways, too many authers confuse the galgals with the chackras). This is a very easy to read and easy to understand and is suitable for the beginner. Also they give out the basic associations of the planetary powers and colors. The positive color is given out as well as the negative color. This is not to be confused as good or bad. The Sun positive color is orange the negative color is yellow. The moon the positive color is blue the negative color is puce. Mercury the positive color is yellow the negative color is orange. Venus the positive and negative color is both emerald green. Mars the positive and negative color is both red. Jupiter the positive c! olor is purple the negative color is blue. Saturn the positive col or is Indigo the negative color is black. Now when visualising something for yourself and using color you use the negative colors. Why? Because the negative colors are receptive and bring in. You want to attract these thing to yourself. You want to be a magnet to these forces. When using color visualizations for someone else you would use the positive colors and direct the energy you have built up using the MP to send the energy. This way the active energy is being sent to that person or animal. Its practical and makes total sense. This book will give you the prelimenary guide in healing yourself and then others. It is important to heal yourself so that the energy you send out is balanced. If you are mentally stressed or drained or tired how can you heal anyone else? In the afterword of this book Marc Allen gives a few variations of the Middle Pillar and gives a basic lesson (very, very basic) on Tree Of Life and shows how the the sign of Venus or the Ankh can be formed from t! he Sephiroth on the Tree this shows the power of love, life and healing that this system can give you if you work at it. The introduction by Marc Allen in very interesting and nice, those who get this book should read the intro first before jumping into this book as it will give you a grip on what you will be learning and experiencing. This book is only 110 pages long and is a true work of beauty that will help in achieving the Great Work.
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American investors who were conditioned by the 1990's to buy and hold forever need a new way of thinking. They need to understand that financial markets move in cycles of boom and bust that provide real opportunities to make money. Faber teaches the reader to follow the money and to understand that we now live in a global economy. With a secular bear market in the United States, over the course of the next decade the best investment opportunities will likely be elsewhere in the world and in commodities such as gold and silver. This book will open their minds and in time will help them fatten their wallets.
Faber's book contains all kinds of little gems that are worth remembering. It also has several chapters that I found especially thought provoking and unique to investment literature. First is a valuable chapter on the cycle of emerging markets. Second is a discussion of the United States as an emerging market in the 19th century. His comparison of the US to emerging markets such as China, Russia, and Asia is thought provoking - a process of wild boom and busts swings is not unique to them, but was a large part of the history of the US in the 19th century. It seems to go hand in hand with rapid modernization.
His discussion of history and financial bubbles is a good introduction to the subject and one that will help US investors understand the last few years.
Read this book. It is worth your time and effort. A lot of meat in it. Will make you think. Investment professionals will benefit from it too. If you are a stock broker, this book is worth a whole year of sales promotion literature and analyst recos coming from upstairs. Learn something to actually help your customers. If you are fund manager learn to think big and follow the money.