The Missing Billionaires

The Missing Billionaires
Author: Victor Haghani
Publisher: John Wiley & Sons
Total Pages: 423
Release: 2023-08-28
Genre: Business & Economics
ISBN: 1119747929

An Economist Best Book of the Year "Making Money and Keeping It" – The Wall Street Journal Over the past century, if the wealthiest families had spent a reasonable fraction of their wealth, paid taxes, invested in the stock market, and passed their wealth down to the next generation, there would be tens of thousands of billionaire heirs to generations-old fortunes today. The puzzle of The Missing Billionaires is why you cannot find one such billionaire on any current rich list. There are a number of explanations, but this book is focused on one mistake which is of profound importance to all investors: poor risk decisions, both in investing and spending. Many of these families didn’t choose bad investments– they sized them incorrectly– and allowed their spending decisions to amplify this mistake. The Missing Billionaires book offers a simple yet powerful framework for making important lifetime financial decisions in a systematic and rational way. It's for readers with a baseline level of financial literacy, but doesn’t require a PhD. It fills the gap between personal finance books and the academic literature, bringing the valuable insights of academic finance to non-specialists. Part One builds the theory of optimal investment sizing from first principles, starting with betting on biased coins. Part Two covers lifetime financial decision-making, with emphasis on the integration of investment, saving and spending decisions. Part Three covers practical implementation details, including how to calibrate your personal level of risk-aversion, and how to estimate the expected return and risk on a broad spectrum of investments. The book is packed with case studies and anecdotes, including one about Victor’s investment with LTCM as a partner, and a bonus chapter on Liar’s Poker. The authors draw extensively on their own experiences as principals of Elm Wealth, a multi-billion-dollar wealth management practice, and prior to that on their years as arbitrage traders– Victor at Salomon Brothers and LTCM, and James at Nationsbank/CRT and Citadel. Whether you are young and building wealth, an entrepreneur invested heavily in your own business, or at a stage where your primary focus is investing and spending, The Missing Billionaires: A Guide to Better Financial Decisions is your must-have resource for thoughtful financial decision-making.

Summary of Victor Haghani & James White's The Missing Billionaires

Summary of Victor Haghani & James White's The Missing Billionaires
Author: Milkyway Media
Publisher: Milkyway Media
Total Pages: 26
Release: 2024-05-28
Genre: Study Aids
ISBN:

Buy now to get the main key ideas from Victor Haghani & James White's The Missing Billionaires The rich don’t always get richer. The Missing Billionaires (2023) examines how wealth often erodes among affluent families and offers tips for achieving financial well-being whether you are just starting out or managing a fortune. Wealth management experts Victor Haghani and James White draw on their experience to provide a pragmatic decision-making framework that balances risk and reward. Victor and James cover a range of investment options, evaluate their expected return and risk, and offer guidance about risk-taking and wealth allocation.

The Lost Tycoon

The Lost Tycoon
Author: Melody Anne
Publisher: CreateSpace
Total Pages: 258
Release: 2014-01-18
Genre: Fiction
ISBN: 9781495252679

Fighting to survive, Misty Elton takes one look at the man standing in front of her and knows she needs to make a decision – does she want to live? Discovering that her boyfriend is storing enough drugs to supply a small country, she looks for an escape route. He's standing in the doorway – standing in the way of her freedom.Misty has nothing left – no family, no friends, no one she can rely on. She is all alone and frightened. Managing to get past her ex, she flees, running away and landing in Seattle, she changes her appearance, her name, her life.After a year, she begins to feel safe. Her ex won't find her. She's beginning to pick up the pieces of her once shattered existence and carve out a new world for herself.That is, until a tall, well-dressed man shows up at her job and tells her they need to talk – and he knows her real name. Fleeing to get away from him, she rushes to the back room and grabs her Taser. When she hits him with it, she thinks she's home free.She's not.All Misty has done is really tick off Bryson Winchester, and all he's trying to do is help her by getting her scum of an ex off the streets.Misty has a choice to make. Is this a man she can believe in? Is any man worthy of her precious trust? She'll find the answers, though they may not be what she expects or wants – her entire world is about to be turned upside down, because not only will she find there are some men out there worth trusting – she will find out the secret of her birth – the reality of who she really is.Some things should stay in the past – and others… Other things will come back with a vengeance.

The Accidental Billionaires

The Accidental Billionaires
Author: Ben Mezrich
Publisher: Anchor
Total Pages: 274
Release: 2009-07-14
Genre: Biography & Autobiography
ISBN: 0385532199

NATIONAL BESTSELLER “The Social Network, the much anticipated movie…adapted from Ben Mezrich’s book The Accidental Billionaires.” —The New York Times Best friends Eduardo Saverin and Mark Zuckerberg had spent many lonely nights looking for a way to stand out among Harvard University’s elite, competitive, and accomplished student body. Then, in 2003, Zuckerberg hacked into Harvard’s computers, crashed the campus network, almost got himself expelled, and was inspired to create Facebook, the social networking site that has since revolutionized communication around the world. With Saverin’s funding their tiny start-up went from dorm room to Silicon Valley. But conflicting ideas about Facebook’s future transformed the friends into enemies. Soon, the undergraduate exuberance that marked their collaboration turned into out-and-out warfare as it fell prey to the adult world of venture capitalists, big money, and lawyers.

The Billionaire Deal (The Sutton Billionaires Book 1)

The Billionaire Deal (The Sutton Billionaires Book 1)
Author: Lori Ryan
Publisher: Cara Shannon
Total Pages: 251
Release: 2020-01-07
Genre: Fiction
ISBN:

He needs a wife. She needs a paycheck. But neither expect the heat in their marriage of convenience. No one puts CEO Jack Sutton in a corner, not even his mother... or her will. If he wants his inheritance, he needs to be married, but no one said the marriage had to be anything other than a business arrangement. There are plenty of willing women, and they'll play by the rules: stick to the script and don't fall in love. He only has to find one in time. Too bad he only left himself a few hours. Kelly Bradley made it into the law school of her dreams, but she has no way to pay and the tuition deadline is fast approaching. Marrying a billionaire might be a bit drastic, but spending one year on his arm will make all her problems go away... if she can keep her heart in check. That's never been a problem in the past. It's a business arrangement, but when one thing leads to another will Jack be able to let Kelly go? Or can he find a way to renegotiate the deal of his life? This is a standalone book in the Sutton Billionaires Series. A shorter version of this book was previously published in the Sutton Capital Series under the title Legal Ease.

Bad Billionaire

Bad Billionaire
Author: Julie Kriss
Publisher: Bad Billionaires
Total Pages: 224
Release: 2017-05-08
Genre: Fiction
ISBN: 9780995967502

I'm no one. A mechanic. A getaway driver. A thief. I was born on the streets, and I like it rough - life, sex, everything. My job is dirty. My past is dirty. So is my future. Until I get out of prison and discover I've inherited a billion dollars. I'm not a good billionaire. I don't care about penthouses, fancy dinners, or private jets. I don't care about life and death. Hell, I don't even care about money. I'm willing to spend every penny of it on one thing. Find the woman who gave me one unforgettable night before I went down. The woman who is too good for me. The woman I can never have. Find her. Get revenge on the man that hurt her. And make her mine.

Bedding the Billionaire (Book 3) (Legacy Collection)

Bedding the Billionaire (Book 3) (Legacy Collection)
Author: Ruth Cardello
Publisher: Legacy Collection
Total Pages: 0
Release: 2012-09
Genre: Fiction
ISBN: 9781479226870

New York Times & USA Today Bestseller!Book 3: Bedding the Billionaire (Legacy Collection)Lil Dartley's life is upside down. Her previously steadfast and predictable sister is marrying an influential billionaire and needs help planning the wedding of the century in less than a month. Years of middle class rebellion have not prepared Lil for handling billionaires or paparazzi.Jake Walton knows a train wreck when he sees one. Lil was trouble from the first day he met her, but since her sister is marrying his best friend, he has no choice but to help her or this wedding will be in the news for all the wrong reasons. Keeping Lil safe would be a whole lot easier if she didn't drive him crazy both in and out of the bedroom.The Legacy Collection: Book 1: Maid for the BillionaireBook 2: For Love or LegacyBook 3: Bedding the BillionaireBook 4: Saving the SheikhBook 5: Rise of the BillionaireBook 6: Breaching the Billionaire: Alethea's Redemption

Think Outside the Boss

Think Outside the Boss
Author: Olivia Hayle
Publisher:
Total Pages: 0
Release: 2022-07-30
Genre:
ISBN: 9789198793611

Thinking outside the box resulted in the best night of my life. Until I discover the man I spent it with is my new boss. Attending a secret party where clothes are optional wasn't a life goal of mine. But when the exclusive invitation ends up in my mailbox by accident... well. Who wouldn't be curious? It's not like I'm going to do anything. The handsome stranger I meet has different plans. One glance across the crowded party, and an hour later we're stretched out on silk. Our night together is glorious. No names and no regrets. But I'd forgotten there's always a price to pay for pleasure. I find out the cost when I start my internship. Because who is the new venture capitalist CEO? Tristan Conway, aka my handsome stranger. Powerful, determined, intriguing... and single. Oh, and he wants to see me in his office. Thinking outside the box got me into this mess. Now if I could just stop thinking about the boss...

Covington Billionaires

Covington Billionaires
Author: Erin Swann
Publisher:
Total Pages: 806
Release: 2018-12-04
Genre:
ISBN: 9781790752119

Three more steamy unforgettable love stories in one paperback. Contains: The billionaire''s Hope, Picked by the Billionaire, Saved by the Billionaire The Billionaire''s Hope: I hadn''t seen her since the day I broke her brother''s nose. We came from different worlds. She was trouble wrapped in temptation, and it would be smart to keep my distance. The last time I''d dared to touch Katie, her brother foolishly took a swing at me. Her family taught me a painful lesson that day about money and power. I gave him a bloody nose. They destroyed my life. Today she desperately needed a ride back to LA. Six hours of her warm body wrapped around mine on the back of my bike was the price she''d have to pay. With her life in flames, the danger was more real than she knew. When she ran from her brother and into my arms, the kiss was meant to scare her off. It didn''t work. She''s sexual napalm, and I''m the match. Now we''re both toast. I''m not giving her up until I have to. Even if it destroys me. Katie: I hadn''t seen Nick since high school, the day he broke my brother''s nose. I bumped into him while trapped in Las Vegas with no way to get home. Maybe this was my second chance. I didn''t accept the ride to LA on the back of his bike just because he''d been the hottest and baddest boy in school. I swear I didn''t. My life was all planned out. I left my sensible house every day in my sensible clothes and went to my sensible job. Until, some crazy targeted me, and it all went up in smoke. Now, I''m done being sensible. I know what I want, and he''s pure trouble. Nick''s all wrong for me, but only he can keep me safe. I''m falling for him. It can''t work. It doesn''t make sense. I''m walking straight into a broken heart, and I can''t stop. Picked by the Billionaire A night I wouldn''t forget. An offer I couldn''t refuse. Liam:I had dared to love once and lost. The memory haunted me every day. Now, I have rules, three simple rules: I don''t do dinner, they never come to my place, and I never stay the night. Until I met the tantalizing Amy and she turned everything upside down. It was just one night. Tomorrow I could get back to normal I told myself. When she turned up at my next meeting, normal was no longer on the horizon. Now, she is essential to defeating my nemesis. One way or another she may be my undoing. Amy:I couldn''t get past my failed marriage - I couldn''t take the terrifying leap. When the question became his place or mine, I ran back to my computer to pick another. My sister convinced me to try shock therapy - a one-night stand to get over my phobia. One night without inhibitions and never see him again, that was the plan. Simple enough, right? The next day, he walked into my meeting. Suddenly things weren''t simple anymore. He held the key to my company''s survival; there was just one catch. I had to pretend to be his girlfriend. How hard could that be? Saved by the Billionaire The FBI and the cartel are after her for the same thing: information she doesn''t have. Natalie had gone from the Belle of Boston to Witch of the West End. Everybody in town hated her for her ex-husband''s crimes. Then the FBI showed up to seize everything she owned. Without a penny to her name, she only survived by taking a job working for the most disagreeable man in town. Billionaire inventor Ryan Westerly had never allowed thoughts of any woman to intrude upon his work. But, from the first day his company hired the beautiful Natalie, he could no longer concentrate. The medicines he was developing were too important to allow her to distract him. For the sake of the children, she had to go. When the cartel comes after Natalie, she trusts him with her safety, but can she trust him with her heart?