Kamis, 28 Agustus 2014

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Chinese Astrology: Exploring the Eastern Zodiac, by Shelly Wu

Chinese Astrology: Exploring the Eastern Zodiac explains our “natural endowment” or “inner being”—our personality from the beginning. This 5,000-year-old art paints a remarkable picture of personality and potential using the archetypes of the 12 signs of the ancient Eastern zodiac. While each one of us possess some qualities of all 12 signs, we each have a dominant sign and birth element.

  • Sales Rank: #651223 in Books
  • Published on: 2013-09-17
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.00" h x .58" w x 6.00" l, .89 pounds
  • Binding: Paperback
  • 256 pages

About the Author
Shelly Wu has been called the Dear Abby of Chinese astrology. Her horoscope columns and feature articles have appeared in A. Magazine: Inside Asian America, The rainbow News, Psychic Interactive and Your Stars magazines, and featured on the Associated Press ABC News, the BBC and the Wireless Flash news services. Ms. Wu teaches Chinese Astrology at the Online College of Astrology and has maintained the popular Website, since 1995.

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44 of 47 people found the following review helpful.
Excellent Book On The Chinese Zodiac
By Janet Boyer
"Each animal designation is a symbolic archetype and represents specific behavioral psychology. It could perhaps be called the Myers-Briggs personality inventory of Eastern philosophy. Each personality style fulfills an essential place in the balance of the universe." -Shelly Wu

In Eastern philosophy, spirit is known as Qi or chi, which is life force energy. The yin/yang symbol is the visual representation of Qi, which is the blending of heaven and Earth, male and female, fire and water, aggression and passivity, giving and receiving. One Yang and one Yin are called "Tao", which means "the way". Taoism is an ancient philosophy created by Lao Tse that teaches awareness of natural cosmic cycles and the blending of Yin and Yang, which results in balanced, harmonious living.

Applied to Chinese Astrology, Qi is the marriage of divine spirit with human personality. Each of the 12 animal archetypes is a mixture of positive and negative attributes. Positive traits such as loyalty, forgiveness, perseverance, and compassion reflect the alignment of personality with spirit (Qi). Negative traits such as bitterness, anger, jealousy, and possessiveness reflect a great separation between human personality and spiritual essence. In fact, author Shelly Wu says: "The greater the gulf between spirit and personality, the darker one's character."

Chinese Astrology - Exploring the Eastern Zodiac provides a comprehensive overview of the 12 archetypal temperaments embodied in the animal signs, and what they tell you about yourself and others. At the beginning of the book, Wu provides several pages of charts, so you can find your animal sign and element in a matter of seconds.

Each animal is profiled in a unique chart, highlighting lucky color, fragrance, flavor, flower, gem, Feng Shui direction, lucky number, symbolism, and more. Wu then goes on to explain each sign's essential temperament, duality (negative traits), gifts, and capabilities-as well as a "who's who" of the famous (and infamous!). She also explains how each sign manifests during childhood, as well as in home, hearth, and career. A separate profile of the male and female expression of the archetype is included.

Another crucial aspect to Chinese Astrology is the five elements. According to the book, each of the animal signs are considered an "Earthly Branch", and repeat every 12 years in the Chinese Zodiac. However, the "Heavenly Stems", or the five elements, occur once every 60 years. The five elements, which bring balance, are Wood (growth), Fire (leadership), Earth (stability), Metal (structure, and Water (feelings). Wu states that everything in the universe, including humans, has a relationship with these five elements and explains the fascinating doctrine of the Five Elements:

Wood produces Fire.
Fire created Earth.
Earth supports Metal.
Metal compliments Water.
Water assists Wood.

Fire destroys Metal.
Metal is hostile to Wood.
Wood fights Earth.
Earth conflicts with Water.
Water extinguishes Fire.

The first principle reflects how the five elements produce, enable, support and assist one another, while the second principle explains how they destroy, control, destabilize and fight one another.

Wu gives a fascinating explanation of the developmental stages of the five elements, how they manifest in personality, and how these elements mesh with the 12 animal signs. For example, a Wood Tiger is not as impetuous as other Tigers, tending to look before they leap. A Wood Rooster, on the other hand, is more thoughtful and tactful than other Rooster-element combinations.

One of my favorite parts of this engaging 256 book is the Birth Time Companion. This "other you" is represents the hour that you were born, and further shades your animal sign. This "companion", akin to the Ascendant of Western Astrology, reveals hidden spiritual possibilities, represents your shadow self, and advises you throughout life. For example, I'm a Metal Dog and my Birth Time Companion is the Monkey. The Monkey, according to Wu, is the consummate salesman gifted with the powers of persuasion, wit, enthusiasm, and eternal youthfulness. Irrepressible, Monkeys usually have a card up their sleeve, impart a delicious sense of humor to each sign, and provides an aptitude for entrepreneurial enterprises. Added to the in-depth information of the animal signs and elements, the Birth Time Companion rounds out a detailed holographic picture of the 12 archetypal patterns found among humans.

In the context of relationships, Wu discusses compatibility and attraction. For example, why do instant attractions exist? What is behind the urge to be close to one person and not another? She explains this chemistry (or lack thereof) with a model of four Triangles of Compatibility, known as Trines. Both love signs and karmic connections are addressed, with an analysis of each pairing. Wu doesn't skimp on the relationship profiles. For example, she highlights each love sign individually and how they pair with other signs. So while she provides a snapshot of Dog-Pig under "The Dog and Love", she gives a different snapshot (with a similar theme) under "The Pig and Love" for the Pig-Dog pairing. (Incidentally, Wu is a Dog paired with a Pig, which is a neat coincidence since I'm a Metal Dog paired with a Metal Pig. I laughed at a portion of her Acknowledgments which thanked her long-suffering husband by saying: "Why can't all men be Pigs?")

Chinese Astrology - Exploring the Eastern Zodiac provides a wealth of information on the Eastern Zodiac and the archetypal temperaments of the 12 animal signs. Anyone interested in exploring this fascinating branch of Eastern philosophy will be richly rewarded by this insightful book by Shelly Wu. The author's keen observation-a hallmark of those born in the year of the Dog-uncovers the mysteries and motivations that underlie personality. You may never look at yourself, or others, the same way again.

14 of 15 people found the following review helpful.
A Must Have!
By Johanna Michaels
This book is a lot of fun to read and is very insightful. I've already had to buy an extra copy because my friends keep borrowing it. One of the most interesting points for me was Chinese astrology's deep ties to eastern philosophy. I also really enjoyed the artwork at the beginning of each sign chapter (check-out the Dragon on page #69 and the Monkey on page #117). This is an entertaining and interesting book that clearly illuminated the subject for me. I laughed out loud at her description of the Rat man turning his "irked wife's kitchen" into a mad-professors laboratory. Wow, does that shoe ever fit...You rock Shelly!!!

8 of 9 people found the following review helpful.
Great book
By Daniel Batts
I would recommend this book to anyone truely interested in learning about themselves or others in regards to chinese astrology.It covers a lot of information and gives good insite to your animal and natural element and how they can be used to enhance your life.It compares each sign with other signs in positive and negative areas.I am sure there are other good books out there on this subject but this is one I keep on my desk and study.It has helped me understand myself and that knowledge has enriched my life by approaching life in a new way.

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Jumat, 15 Agustus 2014

[B162.Ebook] PDF Ebook All in the Same Boat: Family Living Aboard and Cruising, by Tom Neale

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All in the Same Boat: Family Living Aboard and Cruising, by Tom Neale

Ever daydream about what it's like to quit your job, sell your house and most of your possessions, say good-bye to your neighbors, and set sail with your family--permanently? Tom and Mel Neale left their 9 to 5 world nearly two decades ago and never looked back. In 1979 the Neales left their law and education careers and traded their suburban home for a three-room boat. Now their neighborhood is a Chesapeake Bay cove, or a secluded Bahamian beach, or anywhere else they choose to anchor. And along the way they raised two daughters. For the Neales, living aboard and cruising is about taking control of their world and their environment, a sometimes difficult but always rewarding existence. All in the Same Boat is one family's testament to the belief that you can lead your own life, whatever that might be. For the Neales, it hasn't been a vacation. Instead of living to work, they work to live, but they make time for adventure and play, too. Here's everything you need to know to follow them: choosing the right boat; provisioning for long-term cruising; getting along in close quarters; learning what you can leave behind; earning a living--and how to hold on to the money; what to expect in the cruising life, and how to handle it; preparing the crew and boat; raising--and educating--kids; keeping in touch; making the ocean your backyard.

  • Sales Rank: #1544481 in Books
  • Published on: 1997-01-01
  • Original language: English
  • Number of items: 1
  • Dimensions: 1.02" h x 5.76" w x 8.70" l,
  • Binding: Hardcover
  • 374 pages

Review
"This book will become a bible for those getting ready to take the plunge." --Cruising World

From the Back Cover
Tom and Mel Neale left their 9 to 5 world nearly two decades ago and never looked backed. Here's everything you need to follow them: choosing the right boat; preparing the crew and boat; provisioning for long-term cruising; raising--and educating--kids; getting along in close quarters; earning a living--and how to hold on to the money; keeping in touch; what to expect in the cruising life, and how to handle it; learning what you can leave behind; making the ocean your backyard.

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20 of 21 people found the following review helpful.
The first book you MUST read if you are going cruising.
By jmhunter@mindless.com
The reason I rate this a "first read" if you are seriously considering cruising is because so many people with limited or no experience living on a boat undoubtably have many misconceptions about life aboard. This kind of lifestyle is harder and more demanding than the sit-at-the-dockside- weekender could imagine. Tom Neale's description of the sober realities of cruising life are enough to talk the faint of heart or the misdirected out of it before they make a big mistake. As the book progresses, Tom's contagious enthusiasm becomes more and more apparent. He writes in an easy style with wry humor. His advice is well thought out, accurate and should be considered "Cruising 101." Don't forget to take notes as you read.

12 of 12 people found the following review helpful.
All in the same boat
By John A. DeStefano
This is by far the best of all the boating books we ordered and has really helped us a lot in planning and learning more about living aboard or just cruising for now. My wife and I have both read the entire book and we will certainly read it again and again. There is so much information packed in this book. So much to learn. We Love It. Sincerely, John & Heidi

10 of 10 people found the following review helpful.
Fantastic
By Randy Goode
I loved this book! As a current live aboard I really enjoyed everything presented about family life for cruisers. The insights the young daughters give helps understand how kids aboard percieve the experience. Excellent reading for anyone thinking of moving onto a boat with a family.

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Minggu, 10 Agustus 2014

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  • Sales Rank: #6739816 in Books
  • Published on: 2014
  • Dimensions: .47" h x 5.51" w x 8.27" l,
  • Binding: Paperback

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Sabtu, 09 Agustus 2014

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  • Published on: 2014-01-16
  • Binding: Paperback

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Kamis, 07 Agustus 2014

[A498.Ebook] Ebook Locke: Political Writings (Hackett Classics), by John Locke

Ebook Locke: Political Writings (Hackett Classics), by John Locke

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Locke: Political Writings (Hackett Classics), by John Locke

John Locke's Second Treatise of Government (c. 1681) is perhaps the key founding liberal text. A Letter Concerning Toleration, written in 1685 (a year when a Catholic monarch came to the throne of England and Louis XVI unleashed a reign of terror against Protestants in France), is a classic defense of religious freedom. Yet many of Locke's other writings--not least the Constitutions of Carolina, which he helped draft--are almost defiantly anti-liberal in outlook.

This comprehensive collection brings together the main published works (excluding polemical attacks on other people's views) with the most important surviving evidence from among Locke’s papers relating to his political philosophy. David Wootton's wide-ranging and scholarly Introduction sets the writings in the context of their time, examines Locke's developing ideas and unorthodox Christianity, and analyzes his main arguments. The result is the first fully rounded picture of Locke’s political thought in his own words.

  • Sales Rank: #129424 in Books
  • Brand: Brand: Hackett Pub Co
  • Published on: 2003-03-15
  • Original language: English
  • Number of items: 1
  • Dimensions: 12.25" h x 5.50" w x 1.25" l, 1.25 pounds
  • Binding: Paperback
  • 488 pages
Features
  • Used Book in Good Condition

About the Author

David Wootton is Anniversary Professor of History, University of York. His translations of Machiavelli (The Prince and Selected Political Writings), Thomas More (Utopia), and Voltaire (Candide and Related Texts) are also published by Hackett Publishing Company.

Most helpful customer reviews

19 of 19 people found the following review helpful.
The basis of civil government
By A Customer
This compilation of Locke's political writings not only contains his famed second treatise, but also suplementary essays supporting his views and espousing other particulars. The book is a must for any one interested in political philosophy in the least simply because most of the ideas espoused were incorparated into the foundation of our country. The essays set up locke's basic democratic theories and his version of social contract society. the reading is mildly technical and archaic, but not too bad. an excellent start to any one interested in philosophy

0 of 0 people found the following review helpful.
Excellent complication !!
By Manny152
Excellent compilation of John Locke's political writings. I enjoyed re-reading Locke's classic liberal political philosophy and grappling with its significance on American Political Thought..

0 of 0 people found the following review helpful.
Locke: the first liberal, you decide
By Bazza
A very nice gathering of the works of the, widely acknowledged, father of modern liberalism. Some of Locke's writings might lead the reader to wonder about this. Overall, a great read.

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Sabtu, 02 Agustus 2014

[V684.Ebook] Free PDF Best Practices for Equity Research Analysts: Essentials for Buy-Side and Sell-Side Analysts, by James J. Valentine

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Best Practices for Equity Research Analysts:  Essentials for Buy-Side and Sell-Side Analysts, by James J. Valentine

A real-world guide to becoming a top-performing equity analyst

Praise for Best Practices for Equity Research Analysts:

"Jim Valentine has taken his decades of experience as a highly successful security analyst and written an effective and comprehensive guide to doing the job right. I only wish I had this book by my side throughout my career." -- Byron R. Wien, Vice Chairman, Blackstone Advisory Partners LP

"Given the fast pace and high-pressure nature of the markets, analysts don't have the luxury to make mistakes. James J. Valentine's Best Practices for Equity Research Analysts should be required reading for all new and experienced analysts, particularly those who were not lucky enough to be brought up in the business under a mentor. Valentine can be that mentor." -- Jami Rubin, Managing Director, Global Investment Research, Goldman Sachs

"Jim's book is an excellent window into the world of securities research. Very few works cover the complete life cycle of an analyst and the necessary balance between theory and practice. This is one of them." -- Juan-Luis Perez, Global Director of Research, Morgan Stanley

"Valentine's book doesn’t rehash the basics of finance but covers all the nonacademic topics in terms of how the analysts should manage their time, resources, data, and contacts in order to come up with the best stock picks. This book is required reading for beginning analysts and a must-read for all analysts who want to develop an edge." -- Carl Schweser, Founder of Schweser’s Study Program for the CFA Exam

"Best Practices for Equity Research Analysts is by far the best written and most comprehensive book that I have read on how to become a top-notch analyst. I shouldn't be surprised; it was written by one of the best analysts that Wall Street has ever seen. Every securities firm should require their analysts to read this book." -- Eli Salzmann, Portfolio Manager

Most equity research analysts learn their trade on the job by apprenticing under a senior analyst. However, equity analysts who work for senior producers often have little time or incentive to train new hires, and those who do have the time may not have research skills worth emulating.

Now, Best Practices for Equity Research Analysts offers promising equity research analysts a practical curriculum for mastering their profession. James J. Valentine, a former Morgan Stanley analyst, explains everything today's competitive analyst needs to know, providing practical training materials for buyand sell-side research analysis in the United States and globally.

Conveniently organized for use as a learning tool and everyday reference on the job, Best Practices for Equity Research Analysts covers the five primary areas of the equity research analyst's role:

  • Identifying and monitoring critical factors
  • Creating and updating financial forecasts
  • Deriving price targets or a range of targets
  • Making stock recommendations
  • Communicating stock ideas

Expanding upon material covered in undergraduate courses but written specifically to help you perform in the real world, this authoritative book gives you access to the wisdom and expertise of leading professionals in the field. You'll learn best practices for setting up an information hub, influencing others, identifying the critical factors and information sources for better forecasting, creating a better set of financial forecast scenarios, improving valuation and stock-picking techniques, communicating your message effectively, making ethical decisions, and more.

Without Best Practices for Equity Research Analysts, you're just treading water in the sink-or-swim world of the equity analyst.

  • Sales Rank: #187778 in Books
  • Published on: 2011-01-03
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.00" h x .50" w x 6.00" l, 1.68 pounds
  • Binding: Hardcover
  • 464 pages

About the Author
James J. Valentine, CFA, has been an equity research analyst for Morgan Stanley, Salomon Brothers, Smith Barney, and PaineWebber. During his career, he also served as Morgan Stanley's associate director of North American research and its director of global training and development, where he was responsible for implementing new programs for more than 1,000 employees located in financial centers around the globe. For 10 consecutive years, Institutional Investor ranked him as one of the top three analysts within his sector.  In 2006, Forbes named him one of the top three analysts among all 2,000 U.S. sell-side analysts that year.  He has been recognized for his stock picking, earnings forecasts and client service from the Wall Street Journal, Thomson Reuters, Institutional Investor, and Greenwich Associates.  He holds a Masters degree in finance and the Chartered Financial Analyst (CFA) designation.  He lives in a Connecticut suburb of New York City with his wife and three children.

Most helpful customer reviews

63 of 64 people found the following review helpful.
Another Book Review from The Aleph Blog
By David Merkel
My friend Tom Brakke, liked this book and said I would too. He was right, and soon afterward, I heard the author speak at the Baltimore CFA Society. Hearing James Valentine speak is an advantage here. He summarized what is most important, which if you are reading the book, it would be chapter 20 (out of 27). It is his FaVeS framework: Forecast, Valuation, and Sentiment, in that order of importance. Remember that as a key to the book if you read it; it tells you what to focus on as an analyst.

Another key, since the book is long, is to look at the shaded summaries which are usually at the back of each chapter. If stretched for time, read those first, and then read the chapter if you didn't get it.

This book aims to focus analysts on information that matters. Aim for information that makes a difference, and that few others have. Create an information web that maximizes the value of your time, and creates value for your research.

This book covers both the buy-side and the sell-side, telling each how to best use the other side. As a former buy-side analyst, to me it means fewer analyses, and better analyses. Aside from that, it is a game: buy-side: identify the better sell-side analysts and listen to them. Sell-side: identify clients that will generate commissions and market their best insights to them.

Regardless, analysts must identify the few factors that account for 80% of the performance in a given industry, and focus on those intensely. It helps to get into the industry organizations, which can help drive insight into the industry as a whole, and provide a backdrop for questions to ask when talking with executives in the industry.

Learning this will give an analyst a leg up on other analysts. Analysts should also understand the basic accounting structures of their industry so that they can identify companies that are not playing fair -- over-reporting income. I would add don't get negative too quickly. Frauds can develop a momentum of their own. Wait until the fraud gets large relative to the size of the industry before issuing a sell call -- wait for price momentum to go to zero. (Note: for investigative journalists, this does not apply. Jump on early, so that you can say that you warned everyone.)

Basic forensic accounting skills help, as do modeling skills, and basic statistical skills. I was surprised to learn a bunch of Excel shortcuts that I haven't seen elsewhere, and I have used Excel for nineteen years at a high level. The summary of accounting deviations is cogent, as well as pointing readers to Mulford and Schilit.

One idea that I heartily agree with: set up your spreadsheets to differentiate data and formulas. Cells with data series should only contain data. Formulas should have no numbers in them, unless they are trivial. This makes analysis a lot easier and cleaner in the long run.

The book also brings out the need to consider multiple scenarios, which help an analyst to flesh out his analysis. Being willing to consider what can go wrong, or right, richens an analysis. Also, the book warns against common pathologies that overcome analysts, notably -- Confirmation bias, overconfidence, Self-Attribution-bias, Optimism, Recency, Momentum, Heuristics, Familiarity, Snakebite (won't go back to one that hurt you), Falling in love, anxiety, over-reaction, loss-aversion, etc. I have experienced a few of those myself, and would have benefited from thinking these through before becoming an analyst.

Quibbles

I would warn any analyst trying to use simple or multiple regression that they are playing with fire, unless they understand the weaknesses of the data, and the limitations of the general linear model. In twelve-plus years working on Wall Street, I never saw regression used right once.

The author seems to favor DCF over multiples. Truth, neither works well, and one must live with the weaknesses of any approach. DCF embeds a lot of assumptions that are known, though some may be wrong -- multiples embed unknown assumptions.

The author does not like price-to-sales. For industrials and utilities I would say look at a chart of price versus price-to-sales. In most cases, they track, because sales don't vary that much in the short run. If you know the high and low P/S ratios for companies in an industry (P/B for financials) you have valuable information. It gives you boundaries to look at in buy and sell decisions.

I would also warn analysts against using Damodaran and those like him. I don't think his models are wrong so much as impractical. I would rather use a simple model that catches 80-90% of the action, versus one that catches 100% of the action, bet cannot practically be calculated.

Who would benefit from this book:

All equity analysts would benefit from this book. It is detailed, and yet practical. Some of our competitors will benefit from it, and if you don't read it, you will wonder why.

12 of 13 people found the following review helpful.
A guide for the sell side analyst
By investingbythebooks
This is as far as I know a unique book. It's in essence a number of check lists covering most aspects of the work description of a sell side equity analyst. The book aims to cater to both the buy side analyst and the sell side analyst. In reality it is the later who is in focus. This is no surprise as the author has been a top ranked sector analyst at a number of US investment banks including Morgan Stanley. According to the author the craft of equity research lacks quality control processes. The profession is mostly learnt through on the job training in a kind of mentor-apprentice-system. You might get lucky and have a good mentor, but on the other hand you might not. Valentine's aim with this book is to develop a best practice for the profession.

The book covers a number of topics such as influencing your research coverage, handling relations within you own organisation and with clients, finding insights to include in research, stock valuation and how to best communicate the research done. Valentine is writing a number of lists of things that often is quite intuitive and basic. The list form is hardly the recipe for a colourful writing and as the same advice is repeated in both the check lists and the text surrounding those lists there is a fair amount of repetition.

There is much in this book that irritates me. However the coverage of topics is comprehensive and I would agree that they probably are close to a best practice for the profession. The advice in this book will both be a good guide for a less experienced analyst and it will remind the more seasoned analyst that he perhaps has neglected one or two aspects of what he could do. There is some good advice regarding psychological pitfalls, too few analysts utilize statistical analysis in the way the author suggests which is a shame and there is also a useful discussion around the best way to build financial models for the companies covered by the analyst.

For an investor, outperformance in the stock market is accomplished by either doing something different from others or by acting like most others but being cleverer than they are. This is a best practice for those who have accepted the professional role as it is, i.e. for those who will run with the crowd. The time horizon for the work of a mainstream US sell side equity analyst is one to six months. With a horizon like that, relative stock performance within a sector is driven by changes in company specifics that are not appreciated by consensus and there is a need for near time triggers. The intrinsic value of the stock is less interesting as valuation is slow-acting.

Here instead, value is something relative within the sector covered. First choice for valuation is to assign a pro cyclical single period multiple to the near term estimate. Growth is seen as the primary reason for differences in multiples, notwithstanding that the spread between return of capital and cost of capital is equally important. Many analysts have a deep knowledge of the companies covered but they are simply momentum analysts.

The author's way to try to create alpha, while at the same time doing the same thing as everybody else, is through focus on three to four key variables. This is the best advice of the whole book. There is no chance you can win by knowing more details than other investors on every topic. There is much to gain from understanding what the key issues for the stock are and then dig deeper around these and recognize the rest of the information is non-important noise.

This is a cookbook to produce the short-sightedness of today's Wall Street, but it is also a unique guide for the person working as a sell side analyst. If you are one, or aspire to be one, you really should read it. I would.

This is a review by eqtbooks.com

10 of 11 people found the following review helpful.
Solid material
By Sircornflakes
I thought this book was informative and was a good overview of much of the material on valuation, due diligence, and behavioural finance contained within the CFA curriculum. The author's own experiences surely added more depth to the material.

I would suggest that future editions contain a disc or web access to go into more detail on sections (autocorrelation in residuals, time series, etc..) and provide non analysts with the opportunity to run through exercises.

Or consider exercises on one long valuation throughout the book running from top down, bottom up selection of sector and company. A fictional interview with management, running a history of numbers, forecast earnings..come up with various price multiples..and finally making a recommendation.

I think that would give readers a more interactive experience and help to use those many Excel tricks.

On the whole, I extracted some value from this book.

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