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candfarquh

Book Reviews Dyman Associates Publishing Inc: 12 Classic Tales From The World Of Wall S... - 1 views

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    Resurrecting a 45-year-old book, Bill Gates included Business Adventures: Twelve Classic Tales from the World of Wall Street on his 2014 summer reading list. His enthusiasm ("Warren Buffett recommended this book to me back in 1991, and it's still the best business book I've ever read"-and claims it's Warren Buffett's favorite business book, too) was contagious. With prodding by Gates's team, the out-of-print book was reissued as an e-book by Open Road, and as I write this post it's Amazon's #1 best seller in commerce and #2 in books. John Brooks originally published these business stories in The New Yorker, so it goes without saying that they are well written. Describing the stock market as "the daytime adventure serial of the well-to-do," Brooks devotes the first chapter to a blow-by-blow account of the "little crash" and rapid recovery that occurred in the last week of May 1962. On Monday the Dow dropped more than it had on any day except October 28, 1929. By Thursday, after the Wednesday Memorial Day holiday, it closed "slightly above the level where it had been before all the excitement began." The infrastructure in place at the time could not cope with the overwhelming trading volume. On Tuesday, May 29, "there was something very close to a complete breakdown of the reticulated, automated, mind-boggling complex of technical facilities that made nationwide stocktrading possible in a huge country where nearly one out of six adults was a stockholder. Many orders were executed at prices far different from the ones agreed to by the customers placing the orders; many others were lost in transmission, or in the snow of scrap paper that covered the Exchange floor, and were never executed at all.
Aldrey Dyman

Book Reviews Dyman Associates Publishing Inc: The World's First Stock Exchange - 1 views

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    In his famous book Confusión de confusions Joseph Penso de la Vega wrote: "If one were to lead a stranger through the streets of Amsterdam and ask him where he was, he would answer 'among speculators,' for there is no corner where one does not talk shares." And, Lodewijk Petram adds, "the people of Amsterdam were talking about options, too, and forward selling, quotations and prices, risk and speculation-all relating to the trade in the shares of the Dutch East India Company (the Vereenigde Oost-Indische Compagnie, VOC), which had been established in 1602. Fortunes were made and lost, and the men who engaged in this trade were wholly in thrall to it." Petram did extensive archival research, including mining the records of active traders, to shed new light on de la Vega's account of the Amsterdam stock market. The Dutch edition of his book appeared in 2011. Columbia Business School Publishing/Columbia University Press has just released the English edition, The World's First Stock Exchange, skillfully translated by Lynne Richards. It's an engrossing tale.
louielarkin

Book Reviews Dyman Associates Publishing Inc: Book Review on '935 Lies' by Charles Lewis - 1 views

With the founding of the Center for Public Integrity in the 1980s, Charles Lewis probably did more than anyone else to launch institutional nonprofit journalism in America. So it is worth paying at...

Book Reviews Dyman Associates Publishing Inc Review 935 Lies by Charles Lewis

started by louielarkin on 24 Jul 14 no follow-up yet
phoebergx

Book Reviews Dyman Associates Publishing Inc: The Book of Loco, Malthouse Theatre - 1 views

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    Alirio Zavarce's one-man show on the nature of something he's termed "rational madness" begins in an airport. He's just flown back to Australia with a prop suitcase, and as the story reaches fever pitch, with the federal police brandishing machine guns and a gaggle of customs officials staring him down suspiciously, he stops the show. He's troubled. There's a divide between Zavarce the man and Zavarce the actor. Maybe that's the wrong place to begin. Things carry on, but it's not the last time he'll stop the show. Loco is peppered with Zavarce's asides, and the whole thing proceeds in kooky fits and starts. Jonathon Oxlade's enchanting set - a towering wall of cardboard boxes - becomes a playground. Sections fall down, some of them contain secrets, and more than a few become the canvas for Chris More's projection design. Zavarce's marriage and the twin towers of the World Trade Centre collapsed on the same day, and this is where his "rational madness" began. Everyone's a little bit loco, and sometimes we have to give in to it in order to get through. He's a beguiling, fascinating performer who's at his best engaging directly with the audience. Sasha Zahra's direction is solid, but there's a gap between the darkness and the light in these stories. These semi-autobiographical tales are told mostly in big print, and the net effect is beautifully polished, but fundamentally shallow. Like The Rabble's Room of Regret last year, this show features a plate of human faeces. But it's there to do more than just shock: it's glad wrapped, and it's a prop in a didactic little bit about the value of things.
candfarquh

Book Reviews Dyman Associates Publishing Inc: The Silkworm by Robert Galbraith - 1 views

''Writing as Robert Galbraith,'' Harry Potter creator J.K. Rowling has suggested of her recent venture into crime fiction, has been a ''pure joy''. Judging by the bestseller lists, this is a joy sq...

Book Reviews Dyman Associates Publishing Inc

started by candfarquh on 21 Aug 14 no follow-up yet
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