Showing results for "Gambling" in Investing & Trading

Japan’s Masayoshi Son has made and lost several fortunes, investing or controlling assets worth $1trn in the past two decades through his media-tech giant, SoftBank. He bankrolled Alibaba, China’s internet colossus, before the world had heard about it; plotted with Steve Jobs to turn the iPhone into a wonder product; and financed hundreds of tech start-ups, fuelling the biggest boom Silicon Valley has ever seen. This book takes you on Masa’s wild ride, from his birthplace in a Korean slum in post-war Japan to the modern-day temples of power.

After the 2008 financial crisis, investment banks and other professional investors had the edge when it came to bailouts and stock trading. The crisis also ushered in a wave of new small-scale retail investors who were hell-bent on crushing the big guys by using social media channels to connect, share ideas, promote stocks, and reap the rewards—Robin Hood-style. But did the meme short squeeze stand a chance in a rigged playing field? This concise, definitive account of a daring Wall Street heist exposes a fight to the death against a fraudulent system.

An ex-Wall Street trader improved on Moneyball’s famed sabermetrics to place bets that would beat the Vegas odds on Major League Baseball games - with a 41 percent return in his first year. Trading Bases explains how he did it. After the fall of Lehman Brothers, Joe Peta was out of a job. He found a new one but lost that, too, when an ambulance mowed him down. In search of a way to cheer himself up while he recuperated, Peta started watching baseball again. That’s when inspiration hit: Why not apply his outstanding risk-analysis skills to improve on sabermetrics, the method made famous by Moneyball?

In March 2006, the world’s richest men sipped champagne in an opulent New York hotel. They were preparing to compete in a poker tournament with ­million-dollar stakes. At the card table that night was Peter Muller, who managed a fabulously successful hedge fund called PDT. With him was Ken Griffin, who was the tough-as-nails head of Citadel Investment Group. There, too, were Cliff Asness, the sharp-tongued, mercurial founder of the hedge fund AQR Capital Management, and Boaz Weinstein, chess “life master” and king of the credit-default swap.

The stock market is a casino that is designed to make you lose more money, the more you trade, and this audiobook statistically explains why nearly all day traders and swing traders lose much more money much more frequently than slot machine gamblers do. This audiobook teaches you why you will probably lose money in the stock market, and why you have lost money in the stock market. If your loved one is losing money on the stock market, then this audiobook will help them quit their gambling addiction they have with losing money on the stock market.

Become a Blackjack Master: Crush the Casino and Elevate Your Game to Pro Level! Ready to turn the tables and win big at Blackjack? This ultimate guide is your fast track to mastering the game and becoming a professional-level player, whether you're hitting the tables in a glitzy casino or dominating the online scene.

What passes for investing today is, in fact, gambling: the notion of making money quickly and without effort...and that's just how Wall Street likes it. By charting the development of the modern financial system from its roots in the madness of the first bubbles and Roaring '80s, this book will cast a light on the chicanery of the big banks and hedge funds - and give you the information you need to make the right choices for your own investing future.