The Complete
TurtleTrader: The Legend, the Lessons,
the Results
by Michael W. Covel
Richard Dennis, "the Prince of the
Pits," a man who'd already made a fortune
on the Street, was convinced that great
trading wasn't a gift from God, but
something that could be taught to anyone.
So one day he made a bet with his partner,
and ran a classified ad in the Wall
Street Journal looking for trainees.
And he didn't just hire finance
professionals: his trainees -- who became
known as the "Turtles" -- included an
actor, a security guard, two professional
blackjack players, a pianist, a fantasy
game designer, and others. After two weeks
of training, he set them loose, with a $1
million bankroll each to invest as they
chose, and the right to keep a share of
their trading gains for themselves, as
long they adhered to the Turtle system. By
the time the program ended, Dennis and his
partner had made over $120 million -- from
trades made by complete novices. Many of
these Turtles then went on to trade for
themselves, and some are among the top
investors operating today.
As fascinating as Dannis and the
Turtles' story is, Covel doesn't stop
there. He lays out, in detail, the exact
system the Turtles used to reap their
millions. And because the Turtle system is
a form of so-called technical investing,
meaning the Turtles weren't concerned
about the fundamentals of the investments
they made, it is an investing strategy
where a Wall Street operator, plugged into
the second&endash;by&endash;second madness
of finance, has NO advantage over an
ordinary investor. And Covel takes us
step&endash;by&endash;step through all the
details needed to apply this at home.
Where Does the
Money Go?: Your Guided Tour to the
Federal Budget Crisis
by Scott Bittle and Jean
Johnson
From the editors of the award-winning
nonpartisan Web site Public Agenda Online
comes this irreverent and candid guide to
the federal budget crisis that breaks down
into plain English exactly what the fat
cats in Washington are arguing about
Federal debt will affect your savings,
your retirement, your mortgage, your
health care, and your children. How well
do you understand the government decisions
that will end up coming out of your
pocket?
Here is essential information that
every American citizen needs -- and has
the right -- to know. This guide to
deciphering the jargon of the country's
budget problem covers everything from the
country's $9 trillion and growing debt to
the fact that, for thirty-one out of the
last thirty-five years, the country has
spent more on government programs and
services than it has collected in taxes.
It also explores why elected leaders on
every side of the fence have so far failed
to effectively address this issue and
explains what you can do to protect your
future.
Declaring
Independence: The Beginning of the End
of the Two-Party System
by Douglas E. Schoen
America is at a political crossroads.
We are growing alienated from the two
major parties, which are dominated by
ideologues and offer simplistic solutions,
with candidates who think only in terms of
how to frame issues -- often irrelevant
"hot-button" issues -- in order to get
elected. Meanwhile, voters tend to crave
real solutions to the real problems we
face -- energy independence, affordable
health care, the environment, jobs,
sustainable national security. And
increasingly those voters want change and
they want it now, yearning for leaders who
understand the tough problems, confront
them head-on, and can offer practical
solutions without kowtowing to lockstep
partisan interests.
In Declaring Independence,
Schoen discusses major trends&endash;voter
dissatisfaction, lengthening campaign
seasons, networking and fund-raising on
the Internet, demographic shifts,
fundamental changes in how Americans view
their leaders&endash;that are opening the
door to more independent candidates and
radically transforming how all candidates
present themselves to the electorate and
citizenry.
Daydream
Believers: How a Few Grand Ideas
Wrecked American Power
by Fred Kaplan
America's power is in decline, its
foreign policy adrift, its allies
alienated, its soldiers trapped in a war
that even generals regard as unwinnable.
What has happened these past eight years
is well-known. Why it happened continues
to puzzle. In Daydream Believers,
celebrated Slate columnist Fred Kaplan
combines in-depth reporting and
razor-sharp analysis to explain just how
George W. Bush and his aides got so far
off track -- and why much of the nation
followed.
For eight years, Kaplan reminds us, the
White House -- and many of the nation's
podiums and opinion pages -- rang out with
appealing but deluded claims: that we live
in a time like no other and that,
therefore, the lessons of history no
longer apply; that new technology has
transformed warfare; that the world's
peoples will be set free, if only America
topples their dictators; and that those
who dispute such promises do so for
partisan reasons. They thought they were
visionaries, but they only had visions.
And they believed in their daydreams.
The
Intellectual Devotional: American History:
Revive Your Mind, Complete Your
Education, and Converse Confidently about
Our Nation's Past
by David S. Kidder and Noah D.
Oppenheim
Modeled after those bedside books of
prayer and contemplation that millions
turn to for daily spiritual guidance and
growth, the national bestseller The
Intellectual Devotional -- offering
secular wisdom and cerebral nourishment --
drew a year's worth of readings from seven
different fields of knowledge. In this
follow-up volume, authors David S. Kidder
and Noah D. Oppenheim have turned to the
rich legacy of American history for their
selections. From Thomas Jefferson and
Benjamin Franklin to Martin Luther King
Jr., from the Federalist Papers to
Watergate, the giant figures, cultural
touchstones, and pivotal events in our
national heritage provide a bountiful
source of reflection and education that
will refresh knowledge, revitalize the
mind, and open new horizons of
intellectual discovery.
A More Perfect
Constitution: 23 Proposals to
Revitalize Our Constitution and Make
America a Fairer
Country
by Larry J. Sabato
Larry Sabato has one of the most
visionary and fertile political minds in
America. Like so many, he is increasingly
alarmed at the growing dysfunction and
unfairness of our political system. To
solve this, to restore the equity for
ordinary citizens that is at the core of
our democratic society, we must take a
radical step -- to revise the
Constitution, the document that guides our
political process, for until some of its
outmoded provisions are reformed, we will
only have more of the same.
A More Perfect Constitution
presents twenty three creative and dynamic
proposals to reinvigorate American
governance at a time when such change is
urgently needed. Combining idealism and
pragmatism, and with full respect for the
original document, Sabato's
thought-provoking ideas range from the
length of the president's term in office
and the number and terms of Supreme Court
justices to the structure of Congress, the
vagaries of the antiquated Electoral
College, and a compelling call for
universal national service -- all laced
through with the history behind each issue
and their potential impact on the lives of
ordinary people.
Mobs,
Messiahs, and Markets: Surviving the
Public Spectacle in Finance and
Politics
by William Bonner and Lila
Rajiva
Collectively, people think and act in
ways that are different from how they
think and act as individuals.
Understanding these differences is vital
to preserving your wealth and personal
dignity. From the witch hunts of the early
modern world to the war on terror, from
the dot-com mania to the real estate
bubble, people have always been caught up
in frauds, conceits, and wild guesses --
often with devastating results. In this
book, Bonner and coauthor Lila Rajiva show
groupthink at work in an improbably array
of instances throughout history and reveal
why swimming against the current pays.
They explain why people so often abandon
good sense and good behavior to "follow
the crowd" and show you how to avoid
getting caught up in the public spectacles
around you.
