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PHIL

PHIL San Diego, CA, United States Member Since 2011
HELPFUL VOTES
122
ratings
REVIEWS
84
79
FOLLOWERS
FOLLOWING
32
2
  • "Clear overview, fills gaps in other..."

    Overall
    Performance
    Story

    This is a thoughtful guided tour of recent financial history. The viewpoint is built around correlations, linkages between deals, markets and asset-classes. I had noticed these on a daily basis and thought them important, but hadn't seen a focused explanation such as this. This book addresses various general investment types and portfolios, showing how the idea of diversification can be an illusion. Oil and commodities fluctuations over the last few decades are one big focus, in the USA and relatedly in emerging markets. But this book is a big-picture overview of the global economy, linkages across its regions and parts, finance innovations, shocks and adjustments over recent times, through 2010, with well-thought considerations for the future. I had seen many of these terms before but always enjoy a new lucid explanation and walk-through with its own angles and nuances. I would put this in my "top 5" of financial books, out of dozens read lately. The downloadable graphs and charts are readily understandable and well-integrated with the text.

    More

    The Fearful Rise of the Markets: Global Bubbles, Synchronized Meltdowns, and How to Prevent Them in the Future

    • UNABRIDGED (7 hrs and 24 mins)
    • By John Authers
    • Narrated By Joe Plummer
    Overall
    (17)
    Performance
    (8)
    Story
    (8)

    Authers reveals how the first truly global super bubble was inflated - and might now be inflating again. He illuminates the multiple roots of repeated financial crises: a massive shift in investing power from individuals to big institutions; the migration of key decisions from banks to capital markets; the wholesale financialization of many asset classes; and fundamental failures of both theory and policy.

    Randy Stanfield says: "Remarkable insight into a scary reality"
  • "Banking and institutional history f..."

    Overall
    Performance
    Story

    Bagehot was a ground-breaking writer on things financial and economic. This work was a landmark I believe in the formation of 20th-century concepts of banking, and central banking in particular. Those who enjoyed "The Bankers Who Broke the World" might like this, though this is drier. I liked the cadence of this fine, sober English prose.

    More

    Lombard Street: A Description of the Money Market

    • UNABRIDGED (7 hrs and 39 mins)
    • By Walter Bagehot
    • Narrated By Robin Sachs
    Overall
    (4)
    Performance
    (3)
    Story
    (3)

    Lombard Street by Walter Bagehot is a description of the money market, published in 1873. Bagehot was one of the first writers to describe and explain the world of international and corporate finance, banking, and money in understandable language. This book was in part a reaction to the 1866 collapse of Overend, Gurney and Company, located at 65 Lombard Street, from which comes the title.

    PHIL says: "Banking and institutional history fans may like it"
  • "Breezy, nicely connected a lot of dots"

    Overall
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    I found this a great accompaniment to an all-online financial accounting class, because it fills in what the class and textbook lacked: a nice conversational sort of overview of how all the parts fit together.

    More

    Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports

    • ABRIDGED (3 hrs and 39 mins)
    • By Thomas Ittelson
    • Narrated By Chris Ensweiler
    Overall
    (22)
    Performance
    (15)
    Story
    (14)

    Here is a perfect introduction to financial accounting for non-financial managers, stock market investors, undergraduate business and MBA students, lawyers, lenders, entrepreneurs, and more. Most introductory finance and accounting books either fail because they are written by accountants for accountants or the authors "dumb down" the concepts until they are virtually useless. Financial Statements deftly shows that all this accounting and financial reporting stuff is not rocket science and that anyone can understand it!

    PHIL says: "Breezy, nicely connected a lot of dots"
  1. The Fearful Rise of the M...
  2. Lombard Street: A Descrip...
  3. Financial Statements: A S...
  4. .

Digital Insights from Two Google Executives

The Cornerstone of the Rich Dad Series

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    All I Know About Management I Learned From My Dog

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    • Narrated By Ax Norman
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    (0)
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    Stewardship: Choosing Service over Self-Interest

    • ABRIDGED (8 hrs and 42 mins)
    • By Peter Block
    • Narrated By Sherman Allen
    Overall
    (0)
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