首页 诗词 字典 板报 句子 名言 友答 励志 学校 网站地图
当前位置: 首页 > 图书频道 > 进口原版 > Business >

Dear Mr. Buffett: What An Investor Learns 1,269 Miles From Wall Street

2010-02-24 
基本信息·出版社:John Wiley & Sons ·页码:304 页 ·出版日期:2009年01月 ·ISBN:047040678X ·条形码:9780470406786 ·装帧:精装 ·正文语种:英 ...
商家名称 信用等级 购买信息 订购本书
Dear Mr. Buffett: What An Investor Learns 1,269 Miles From Wall Street 去商家看看
Dear Mr. Buffett: What An Investor Learns 1,269 Miles From Wall Street 去商家看看

 Dear Mr. Buffett: What An Investor Learns 1,269 Miles From Wall Street


基本信息·出版社:John Wiley & Sons
·页码:304 页
·出版日期:2009年01月
·ISBN:047040678X
·条形码:9780470406786
·装帧:精装
·正文语种:英语
·外文书名:亲爱的巴菲特先生: 离华尔街1269英里的投资者学到什么

内容简介 在线阅读本书

Janet Tavakoli takes you into the world of Warren Buffett by way of the recent mortgage meltdown. In correspondence and discussion with him over 2 years, they both saw the writing on the wall, made clear by the implosion of Bear Stearns. Tavakoli, in clear and engaging prose, explains how the credit mess happened beginning with the mortgage lending Ponzi schemes funded by investment banks, the Fed bailout and its impact on the dollar. Through her narrative, we hear from Warren Buffett and learn how his enduring principles caused him to see the mess that was coming well in advance and kept him and his investors well out of the way.
作者简介 Janet M. Tavakoli is the President of Tavakoli Structured Finance, a Chicago–based consulting firm to financial institutions, institut–ional investors, and hedge funds. She gave advance warning of major collapses including Long–Term Capital Management, First Alliance Mortgage, the thrift industry, and the current credit bubble. BusinessWeek called her "The Cassandra of Credit Derivatives." Tavakoli is a former adjunct associate professor in the Finance Department of the University of Chicago′s Graduate School of Business, where she taught derivatives. She is also the author of several professional finance books, and is frequently quoted in the business press, including the Wall Street Journal, the Financial Times, BusinessWeek, the New York Times, and many others. She also appears on CNN, CNBC, CBS Evening News, Bloomberg TV, First Business Morning News, Fox News, Fox Business News, ABC, and BBC.
编辑推荐 Review
Altogether this book is an excellent read, loaded with information about the goings–on in the financial sector in the US till as recently as September 2008. The style is informal, almost like a conversation in a lounge bar, racy, laced with wit and when it comments on leading actors in the drama, dipped in vitriol. Tavakoli is a name we will be hearing about frequently in the near future.
– Vasant Gokarn, Business Standard

"Dear Buffett is must reading . . . in a way that only Tavakoli could provide. . . Tavakoli knows her stuff. She knows where the bodies are buried in the complex formulas. . . And, almost as a bonus, we get Buffett′s views and insights into his derivatives trading. There′s nothing more you could ask for in a financial book in this day and age of financial derivatives meltdown."
––Robert Wenzel, Economic Policy Journal

"...full of anecdotes, details and character sketches that add depth...she knows her stuff, has strong opinions and turns a colourful quote." (Financial Times, February 21st 2009)

"A clear and pacy run through the multitude of sins and sinners in the modern financial world. . . full of anecdotes, details and character sketches that add depth and colour to even the best known episodes of the past two years. [Tavakoli] also covers events only a few years before the current crisis that should have been big warning signs. The correspondence between Buffett and Tavakoli over the past three years reinforced her existing views on the dangers of complex finance. And with Buffett′s blessing, this book will find a ready–made fan base with little marketing effort. . . Tavakoli makes for an attractive pundit – she knows her stuff, has strong opinions and turns a colourful quote. . . There is a healthy dose of "I told you so" about this volume – but, to be fair, Tavakoli is one of the few who did."
––Paul J Davies, Financial Times

"[Tavakoli has] been railing against emperors wearing no clothes in the credit derivatives markets forever. If only people had listened."
––Andrew Tobias, AndrewTobias.com

"Why is this not an ordinary Buffett book? Because it concerns how an expert on derivatives came to know Mr. Buffett, and how the current crises were seen in advance by both of them. This book’s greatest strength comes from its ability to explain the messes we are currently in. No solutions, mind you, and Mr. Buffett ain’t handing out any of those either, but understanding how we got to where we are is of value, and Janet Tavakoli is nothing if not a good writer on those points.

There is a second theme — how a derivatives expert came to appreciate value investing. After all, when short term investing is focused on a variety of arbitrage situations, why not think long, and look for long term capital appreciation?

I heartily recommend this book. One reading this will understand our current crisis very well, and will gain in his understanding of how our markets work. That said, the virtues of the book do not come from Mr. Buffett, but from one who intelligently admires his views on derivatives and other matters."
––David Merkel, CFA, The Aleph Blog

‘Dear Mr Buffett’ is, like its author, strongly, often harshly, and, more than rarely, tartly, opinionated. The attitude is, however, well–supported by the facts; should anyone ever display the slightest interest in criminalizing the criminals who led us down this path, a prosecutor could do worse than ordering up copies for the grand jury.

One thing the world is not going to run out any time soon is books on subprime credit–turned–global financial meltdown. But it’s doubtful that many, or any, will so closely match the ripping yarn of financial upset with concepts that any — and perhaps every — investor can apply to their own financial security. This book was already at the printer when the Madoff Maelstrom broke, but it’s highly doubtful that anybody who absorbs the message of ‘Dear Mr Buffett’ will ever need confront that kind of mayhem.
––Seeking Alpha, Greg Newton

Janet Tavakoli’s Dear Mr. Buffett is an unusual amalgam of a simple, personal story and a complex, public one…The promise of this tantalizing morsel will draw buyers in. But readers will find much more than another book on Warren Buffett…Tavakoli’s book chronicles the words and deeds of people who dealt in derivatives without knowing – and often without caring – what that relationship was. Some will call her book a morality tale. I call it a rationality tale.
–– Seeking Alpha, Geoff Gannon

Ms. Tavakoli uses her letters and relationship with Warren Buffett as an homage to Buffett′s ability to distill the basic essence of complex matters into simple facts of money and value…For Dear Mr. Buffett, she has opted for a simple approach to tell the tale of actors gone bad and trust abused at many levels. This book is an accessible popularization of the issues, and as such no heavy securitization math etc. to deal with. I agree with this approach as the story needs to get out to as many as possible.
––Seeking Alpha, Nick Gogerty

". . . isn′t yet another book about Buffett′s career. Rather it′s Tavakoli′s withering critique of just about anyone who had anything to do with inflating the housing bubble. . . Tavakoli contrasts that behavior with the way Buffett runs Berkshire Hathaway. . . an excellent summary of the factors that led to the historic boom and bust. . . easy to read at 224 pages. . . overall a good book that offers excellent insight into the recent fiasco."
––Bill Freehling, The Free Lance–Star

Review
 

热点排行