When John Costello was hired as the new Director of Public Works for the small island town of Brigantine, NJ, he was expected to maintain the status quo and enjoy the ride at taxpayers' expense. Costello instead began an earnest effort to clean up the city, which resulted in an immaculate town filled with delighted residents.Unfortunately, in the process, Costello also uncovered widespread corruption and abuse among Brigantine's elected officials and municipal employees. Corruption...

The often bloody struggles of Central America have dominated news reports for a long time. Behind the headlines lies an enormous population of the desperately poor, and it is axiomatic that they are rendered even more powerless by widespread illiteracy.What actually counts as literacy is less clear. Archer and Costello describe some of the most exciting and innovative programmes designed to overcome the problem and how, as they worked with many of them, they discovered how varied an...

This book is for people who understand that carbon emissions are driving the dangerous phenomenon of global warming and wish to do their part in mitigating this risk by lowering the carbon footprint of their investments - without sacrificing investment performance.The most important new trend in investing today goes by the acronym E-S-G, which involves evaluating a company’s investment potential by scrutinizing its Environmental, Social and Governance practices.Within ESG s...

The Five Rules for Successful Stock Investing"By resisting both the popular tendency to use gimmicks that oversimplify securities analysis and the academic tendency to use jargon that obfuscates common sense, Pat Dorsey has written a substantial and useful book. His methodology is sound, his examples clear, and his approach timeless."--Christopher C. Davis Portfolio Manager and Chairman, Davis AdvisorsOver the years, people from around the world have turned to Mornin...

Explore the modern extension of value investing in this essential text from "the guru to Wall Street’s gurus"The substantially rewritten Second Edition of Value Investing: From Graham to Buffett and Beyond delivers an incisive and refined approach to investing grounded on almost 100 years of history, beginning with Graham and Dodd. Founded on the value investing course taught for almost twenty-five years by co-author Bruce Greenwald at Columbia Business Sc...

An accessible guide to the essential issues of corporate financeWhile you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out.Value explores the core of corporate finance without getting bogged down in numbers and is intended to give managers an accessible guide to both the foundations and applications of corporate finance. Filled...

As you have probably noticed, there are quite a few investing books out there. Many of them were written by some of the world's greatest investors. So, why should you read our book?Stock investing is more prevalent than ever, whether directly or indirectly through brokerage accounts, exchange-traded funds, mutual funds, or retirement plans. Despite this, the vast majority of individual investors have no training on how to pick stocks. And, until now, there hasn't ...

For most managers, the normal round of hectic schedules, tricky staff issues and impending deadlines are well within their management capabilities. It is the financial issues that give them headaches. Nobody has ever explained how to balance sales against costs, how to interpret financial reports, how to prepare a budget or even how to argue the case for the new equipment their department needs so badly. They have no idea why the company's share price keeps falling and certainly don't unde...

Learn how to understand financial terms and documents and read andinterpret company accounts. Understanding Accounts not only explainsthe functions of the profit and loss account, the balance sheet and thecash flow statement and forecast- but also shows how they areconstructed and how they fit together to reveal a complete picture ofan organization's performance. Power tips reveal how to get behind thefigures and understand the true significance of...

An innovative new valuation framework with truly useful economic indicatorsThe End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discuss...

Your guide to investing for a more sustainable worldInvesting in one’s own future has always been a good financial move. But what if you want to ensure that the companies you have a financial interest in are also helping to improve the present and future of all of us—and of the planet? More than ever before, sustainable investors want to be confident that a company’s Environmental (net zero emissions target), Social (response to the Covid-19 pandemic), and Governan...

Financial planning is a young industry. The International Association of Financial Planning—one of the predecessors to the Financial Planning Association—was formed less than forty years ago. But as the profession's first tier of advisers reaches maturity, the decisions that may be part of transition planning for their firms loom large. A sale? A partner buyout? A merger? No matter what the choice, its viability hinges on one critical issue—the value of the firm.Unfortunately, many...