Senin, 30 Agustus 2010

[A171.Ebook] Free PDF Solid Waste Landfill Engineering and Design, by Edward A. McBean, Frank A. Rovers, Grahame J. Farquhar

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Solid Waste Landfill Engineering and Design, by Edward A. McBean, Frank A. Rovers, Grahame J. Farquhar

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Solid Waste Landfill Engineering and Design, by Edward A. McBean, Frank A. Rovers, Grahame J. Farquhar

Solid waste disposal — especially after the Love Canal incident — has become the focus of public awareness and concern for pollution. This book provides a synthesis of existing knowledge on solid waste landfilling — with a focus on solving problems with landfill gas, managing leachate, and implementing environmentally secure operating procedures. It explores the fundamentals of solid waste decomposition, and considers how these influence landfill design, operational features, and improvements in overall site performance. Covers social, economic and technical factors associated with solid waste landfilling. Considers all environmental applications — especially water quality and the treatment of landfill generated gas. Presents methodologies for predicting landfill gas and leachate production. For engineers, hydrogeologists, and planners involved in the design and operations of landfills.

  • Sales Rank: #2177119 in Books
  • Published on: 1994-11-10
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.98" h x 1.18" w x 6.93" l, 1.88 pounds
  • Binding: Paperback
  • 544 pages

From the Publisher
Solid waste disposal--especially after the Love Canal incident--has become the focus of public awareness and concern for pollution. This book provides a synthesis of existing knowledge on solid waste landfilling--with a focus on solving problems with landfill gas, managing leachate, and implementing environmentally secure operating procedures. It explores the fundamentals of solid waste decomposition, and considers how these influence landfill design, operational features, and improvements in overall site performance. Covers social, economic and technical factors associated with solid waste landfilling. Considers all environmental applications-- especially water quality and the treatment of landfill generated gas. Presents methodologies for predicting landfill gas and leachate production. For engineers, hydrogeologists, and urban planners involved in the design and operation of landfills.

From the Back Cover
Solid waste disposal especially after the Love Canal incident has become the focus of public awareness and concern for pollution. This book provides a synthesis of existing knowledge on solid waste landfilling with a focus on solving problems with landfill gas, managing leachate, and implementing environmentally secure operating procedures. It explores the fundamentals of solid waste decomposition, and considers how these influence landfill design, operational features, and improvements in overall site performance. Covers social, economic and technical factors associated with solid waste landfilling. Considers all environmental applications especially water quality and the treatment of landfill generated gas. Presents methodologies for predicting landfill gas and leachate production. For engineers, hydrogeologists, and planners involved in the design and operations of landfills.

About the Author
An associate of Conestoga-Rover & Assoc.

President of Conestoga-Rovers & Associates

Most helpful customer reviews

0 of 0 people found the following review helpful.
Five Stars
By Diane Wakefield Cowart
Great book!

0 of 0 people found the following review helpful.
Good Book, Great value
By Ali R. Abedini
Very good book for Civil engineers who wants to ever work on landfill projects

0 of 0 people found the following review helpful.
Top quality text
By Rose A Watt
This is the second time I have bought this book. I gave the other one to a colleague. Basic, simple, straightforward, sensible...all you would want in a textbook

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Minggu, 29 Agustus 2010

[L128.Ebook] PDF Download What is This Thing Called Language?, by David Nunan

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What is This Thing Called Language?, by David Nunan

Written in a friendly style, drawing on a wide range of anecdotes from the author's own experience, this book provides an ideal starting point for those approaching language study. Nunan's enthusiasm and the immediacy of his examples offer students a thought-provoking way into the basics of study such as syntax, morphology and phonology. Raising awareness about the different ways language is used, this book provides a solid linguistic framework and lots of suggestions for where to find out more.

  • Sales Rank: #3213219 in Books
  • Published on: 2007-03-15
  • Released on: 2007-06-12
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.00" h x 1.00" w x 5.00" l, .68 pounds
  • Binding: Paperback
  • 248 pages

Review
'The book is written in a very relaxed and readable style...a useful companion reader for undergraduates in English or language-related programmes...as well as for all those members of the general public interested in 'the stuff that surrounds them." - Alan Maley, English Teaching Professional 'An eminently useful and readable guide...a book I certainly needed when I first started teaching A Level English Language.' - Jane Bluett, The Professional Journal of the National Association for the Teaching of English

About the Author
DAVID NUNAN is Director of the English Centre and Chair Professor of Applied Linguistics at the University of Hong Kong, and Dean of the Graduate School of Education, Anaheim University.

Most helpful customer reviews

0 of 0 people found the following review helpful.
A helpful book about Discourse Analysis
By Jos� de Jes�s Mendoza Rivas
It's an excellent book. It has been very helpful to understand all different aspects about Language and Discourse Analysis. Nunan's book is flexible and clear to understand. The way he presents and summaryzes each chapter offers you a holistic idea about the topics seen in the chapters.

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Sabtu, 28 Agustus 2010

[G549.Ebook] Free PDF The Warren Buffetts Next Door: The World's Greatest Investors You've Never Heard Of and What You Can Learn From Them, by Matthew Schifrin

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The Warren Buffetts Next Door: The World's Greatest Investors You've Never Heard Of and What You Can Learn From Them, by Matthew Schifrin



The Warren Buffetts Next Door: The World's Greatest Investors You've Never Heard Of and What You Can Learn From Them, by Matthew Schifrin

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The Warren Buffetts Next Door: The World's Greatest Investors You've Never Heard Of and What You Can Learn From Them, by Matthew Schifrin

A practical guide for investors who are ready to take financial matters into their own hands

The Warren Buffetts Next Door�profiles previously unknown investors, with legendary performance records, who are proving every day that you don't need to work for a hedge fund or have an Ivy League diploma to consistently beat the best performing Wall Street professionals.

These amazing individuals come from all walks of life, from a globe drifting college dropout and a retired disc jockey to a computer room geek and a truck driver. Their methods vary from technical trading and global macro-economic analysis to deep value investing. The glue that holds them together is their passion for investing and their ability to efficiently harness the Internet for critical investment ideas, research, and trading skills.

  • The author digs deep to find the best of the best, even finding those who are making money during these turbulent times
  • Contains case studies that will explain to you how these great individual investors find and profit from stocks and options.
  • Shows you how to rely on your own instincts and knowledge when making important investment decisions

In an era when the best professional advice has cracked many investor nest eggs and Madoff-style frauds have shattered investor trusts, the self-empowered investors found in�The Warren Buffetts Next Door�offer an inspiring and educational tale.

  • Sales Rank: #534743 in Books
  • Published on: 2010-11-09
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.30" h x .82" w x 6.30" l, .88 pounds
  • Binding: Hardcover
  • 224 pages

Review
an easy read I m confident you ll find someone to inspire you in The Warren Buffetts Next Door . (Interactive Investor Blog, December 2010). The Warren Buffetts Next Door will entertain you (Fool.co.uk, December 2010).

From the Inside Flap

From February 2001 through March 2010, an investment in a well-run index fund like Vanguard Total Stock Market would have earned you an annual return of less than 2%. The same investment in Warren Buffett's Berkshire Hathaway would have netted 6.25% on average per year. Had you invested in Mike Koza's portfolio, your total return would have averaged 34% per year.

Who's Mike Koza? He's a civil engineer for the Sacramento County Department of Waste Management. He's also one of a growing number of armchair investors taking control of their investment portfolios and routinely beating the Street's biggest names. The Warren Buffetts Next Door is Mike Koza's story, and the stories of nine others like him. And it's your guidebook should you decide to take control of your financial future.

In The Warren Buffetts Next Door: The World's Greatest Investors You've Never Heard of and What You Can Learn from Them, Forbes's Matthew Schifrin provides case studies of ten successful investors—everyday people—who are investing in themselves, and in the process, experiencing extraordinary returns. Schifrin details their personal stories, along with their investment strategies, trading philosophies, and rules for investing. You'll learn about:

  • Christopher Rees, who spent close to thirty years of his life roaming from one town to the next working at any job that would pay him enough to continue his travels. Since October 2000, his investments have seen an average annual return of 25% versus 0.21% for the S&P 500

  • Jack Weyland, a former truck driver whose average annual return since July 2002 is 36% vs. 7% for the S&P 500

  • Alan T. Hill, a retired educational software executive whose cumulative return since July 2005 is 1,026% vs. 28% forthe S&P 500

There are more than fifty million online investors. Many of these "amateurs" are achieving professional results without the professional commissions. Their names may never be on the level of a Buffett or a Bogle, but people like Koza, Rees, Weyland, and Hill aren't out to make a name for themselves. They're out to make enough money to enjoy a lifestyle of their choosing. And that's exactly what they're doing. And with The Warren Buffetts Next Door, it's what you can do, as well.

The only real prerequisite to becoming a good investor is committing the time to educate yourself. The Warren Buffetts Next Door offers timeless advice and inspiration for any investor hoping to profit by investing in themselves.

From the Back Cover

The Warren Buffetts Next Door

How 10 ordinary people consistently achieve extraordinary returnson their investments (and how you can, too).

There are the famous investors whose names you know—Buffett, Bogle, Soros, Lynch, and Templeton. And then there are the Warren Buffetts next door, those successful investors you've never heard of—Rees, Krebs, Koza, Petainen, and Weyland. The Warren Buffetts Next Door describes how these "regular" people—tractor-trailer drivers, radio DJs, and college dropouts—utilize an armament of online information, tools, and resources to routinely outperform professional brokers and Wall Street's Ivy League–educated investors.

"Matt Schifrin has written one of the most unusual—and useful—investment books you will ever find. Instead of trotting out some supposedly surefire formula on how to get rich, Matt has chronicled the successes of ten individuals you have never heard of."
—From The Foreword By Steve Forbes

"Matt Schifrin's inspiring, easy reading, and eye-opening The Warren Buffetts Next Door shows that exceptional investors come from the wide ranks of normal life—just with intelligence, drive, focus, and commitment. They aren't Wall Street trained and operate solely for themselves in wildly different ways and could be you—if you just learn what they have to teach—which Matt gives you."
—Ken Fisher, 25-year Forbes columnist, New York Times bestselling author, and founder and CEO, Fisher Investments

"Matt Schifrin's Warren Buffetts Next Door is living proof that the Internet has become a game-changer for many individual investors. It also should send a loud warning to established Wall Street firms."
—Om Malik, founder, GigaOM

"I like the stories, I like the people, and I like the 'how to,' which cover many facets of the investment horizon. The Warren Buffetts Next Door is a successful interplay of how individuals have combined a passion for investing into profitable investing."
—Mario Gabelli, founder, Chairman, and CEO, GAMCO Investors

"A first-class reporter, Matt Schifrin has cracked the code on a small group of do-it-yourself investors taking direct aim at Wall Street's biggest brokers. Their unique styles may not be replicable, but the zeal with which they pursue their passions is."
—Daniel P. Wiener, Editor, The Independent Adviser for Vanguard Investors

Most helpful customer reviews

87 of 94 people found the following review helpful.
Not worth the time and not related to Buffett
By dmreader
The idea that individual investors, with some hard work, research and common sense can follow in the footsteps of Warren Buffett is highly appealing. Unfortunately, this book, and its misleading title, prays upon those desires without executing.

I was disappointed by a number of things with this book:

a) it has nothing to do with Warren Buffett or even Buffett style investing. The profiles include trend following traders, technical analyst investors and macro investors. There is an effort to suggest some of them have a value bent but it's a stretch at best.

b) these are not all successful investors. Their "success" is based entirely upon following imaginary portfolios from marketocracy.com. One of them doesn't even follow his own virtual success and only buys mutual funds!! If someone doesn't follow value investing and isn't financially secure, how can you call them a Warren Buffett Next Door?

c) it left me wondering if the book was sponsored by a couple of online investing sites. Marketocracy.com is mentioned on virtually every page.

There were some interesting profiles and the background as to how people get into investing is a good read but this seems like a stretched out magazine article more than a detailed book. And the title is hugely misleading. If you want to invest like Buffett there are many more interesting and relevant options out there.

d)

0 of 0 people found the following review helpful.
in a good way. The people profiled are diverse
By Allen True
Somewhat of a surprise, in a good way. The people profiled are diverse, everyday people with uncommon minds and self discipline. They then apply all that in diverse ways of investing. There is something for anyone interested in the market.

48 of 55 people found the following review helpful.
A disservice to actual investors......
By alkemi
There are nuggets of investment wisdom to be found in this book, but why the inclusion of investment advice from individuals who DO NOT actually trade real money? The fact that this book does take that step into the land-of-make-believe and allow paper-traders to wax poetic on investment theory is where I believe it falls irreparably short. I would not go to an avid air-guitarist for lessons on how to actually play the guitar. So why should I, or would I, want investment advice from one who has never actually committed a dollar of his own to the whims of the markets? It's a slap in the face to in-the-trenches investors looking for real-world advice.

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Senin, 23 Agustus 2010

[L384.Ebook] Free PDF How God Became African: African Spirituality and Western Secular Thought, by Gerrie ter Haar

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How God Became African: African Spirituality and Western Secular Thought, by Gerrie ter Haar

How God Became African: African Spirituality and Western Secular Thought, by Gerrie ter Haar



How God Became African: African Spirituality and Western Secular Thought, by Gerrie ter Haar

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How God Became African: African Spirituality and Western Secular Thought, by Gerrie ter Haar

Through the efforts of Western missionaries and home-grown churches and evangelists, Christianity has taken root in Africa with astonishing speed, to the point that Africa is now considered one of the heartlands of world Christianity. In a surprising reversal of the nineteenth-century missionary tradition, Africa no longer merely receives missionaries but is also the source of evangelization as African-influenced Christianity spreads around the new African diaspora. While Africans have wholeheartedly appropriated the symbols, scriptures, and traditions of historical Christianity elsewhere, they have also built on the rich history of the continent's indigenous spiritual beliefs. African Christianity has been influenced by and influences these beliefs and cannot be fully understood outside of this context.

In How God Became African, Gerrie ter Haar focuses in particular on the importance of African beliefs about the spirit world and spiritual power and their relationship with Christianity. Africans have historically acknowledged a distinct but not separate world of spirits existing alongside the material world that human beings can interact with through dreams, visions, spirit possession, and miracles. Also of key importance is the acute awareness among Africans of evil in the world and of witchcraft, the channeling of that evil by humans. Ter Haar continues with a consideration of how these beliefs affect issues of human rights and development in Africa, issues that are seen elsewhere in the world as fundamentally secular.

  • Sales Rank: #2583117 in Books
  • Published on: 2009-07-23
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.02" h x .44" w x 5.98" l, .75 pounds
  • Binding: Hardcover
  • 136 pages

Review

"The subject of How God Became African is of crucial importance, and its presentation is cogent, clear, and well organized. I can think of no book covering quite the same ground."—Andrew F. Walls, Center for the Study of Christianity in the Non-Christian World, Edinburgh University

About the Author
Gerrie ter Haar is Professor of Religion and Development at the Institute of Social Studies, The Hague.

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Selasa, 17 Agustus 2010

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The Secrets of the Vanmars (Argetallam Saga Book 2), by Elisabeth Wheatley

After her adventures with the Key of Amatahns, sixteen-year-old Janir Caersynn Argetallam returns home to find Brevia on the brink of war with a neighboring country, Stlaven. Her foster-father and even Saoven—a brave young elf warrior—think it will be safe at the castle where Janir grew up. However, while trying to unravel a looming mystery, Karile—self-taught wizard and Janir’s self-appointed best friend—becomes certain that there is danger in the mountains surrounding Janir’s childhood home and that it has something to do with Stlaven’s most powerful family, the Vanmars…

  • Sales Rank: #1587989 in eBooks
  • Published on: 2012-05-09
  • Released on: 2012-05-09
  • Format: Kindle eBook

About the Author
Elisabeth Wheatley is a high school junior homeschooled in the Texas Hill Country. When she’s not day dreaming of adventure and grandeur, she is busy making goat cheese, studying mythology, and training and showing her Jack Russell Terrier, Schnay. The Secrets of the Vanmars is the second installment of the "Argetallam Saga."

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3 of 3 people found the following review helpful.
The Secrets of the Vanmers
By lady g
I recieved an e-book copy from the author. Thank you Very much. This is the second book in the series. Even though this is a young adult book i truly enjoyed it. The friends and the action. You also learn more about Janir and her past. This is a very well written book with an easy to follow story line.You have wizards and warriors, dwarves and elfs. A truly fascinating read for people of all ages.I can,t wait for the next installment in the series to see what happens next.

2 of 2 people found the following review helpful.
The Secrets of the Vanmars (Elisabeth Wheatly)
By Sheri A. Wilkinson
The Secrets of the Vanmars (Argetallam Saga, #2)Elisabeth Wheatly
Fantasy/Adventure

Janir is a 16 year old girl who lives with her step father. She returns home to find a war is brewing nearby. She sets off with Karile (her best friend who happens to be a wizard) and Saoven (an elf warrior). They face many obstacles and dangerous creatures during this quest, but she is determined to find the truth. Her childhood home is in danger and she must face the most powerful family of all , the Vanmars.

I look forward to reading the first book in the series The Key of Amatahns to find out more about Janir and her family.

Fantastic read. I recommend for YA as well as Adult readers. Elisabeth Wheatley is an author to watch for.

1 of 1 people found the following review helpful.
Great characters set in a fantastic world!
By Amazon Customer
This was such a fun, fast-paced, high fantasy novel! I was instantly drawn into the Ja1nir's crazy life and Elisabeth's writing kept me so invested throughout the entire book

Now before I really get going on this review, let me start by saying that I did not read the first book before reading this one. This did cause for a bit of confusion especially when it came to the world that Elisabeth created but I was able to catch on fast and still enjoy the book.

Janir has just been through an adventure of a lifetime when we first meet her. During the first book she was on a quest of some sort, met a lot of people along the way (some good, some definitely not so good), learned a few secrets of her past, found a whole lot of questions of her present & future, and faced quite a bit of life-threatening events. All Janir wants is some peace and quiet when she returns but as it often times turns out, we don't always get what we want. Again, Janir is thrown into a life of craziness, some of it fun, some of it scary, and all of it entertaining!

I LOVED Janir. She was a sweet, loving, girl with a huge heart and a good head on her shoulders, and she also had a bit of a backbone to her. Janir was always so quick to help her friends out but she was also one to not let people walk all over her. Even though Janir is one tough cookie, she also lets some of her insecurities show in this novel which made me love her even more! Janir is an Argetallam, and according to the beliefs of everyone in the kingdom, Argetallam = Bad. . .VERY BAD. Janir had a tough time trying to be proud of the person she was and balancing that with the shame she oftentimes felt for her heritage. My heart hurt for her because I could see how great she was but it was really difficult for her to see that at certain times.

I feel that this is the part that I should mention the bit of romance that I saw! Okay, before you romance-aholics get too excited, there wasn't a whole lot in this story but there were definitely the makings of a relationship within this book! Saoven is an elf warrior who has helped Janir out a tough situation more than once. He is strong and brave and he is always there to help save Janir. These two are most definitely feeling something for each other and I cannot wait to see what they do with those feelings in the next book!

Another character that stood out so very much to me was Karile, a young wizard and the sort-of best friend to our main character. Holy crap everyone, this guy was all sorts of fun! Karile added so much pizzazz and humor to this story! He is definitely a troublemaker, too curious for his own good, and he was always dragging Janir into his messes. Even though he sounds like a giant accident waiting to happen, and trust me people that is EXACTLY what he is, he always had good intentions!

The world that Elisabeth created was so awesome! It was definitely a historical/fantasy setting. This is back in the day when there are High Lords, castles, and raging wars between surrounding kingdoms but on top of that there are also dragon-like beings, elves, wizards, other fantastic creatures, and magic! Like I said before, I really wish I would have read the first book before because I feel like that would have given me just a bit more background information on the world Elisabeth created. I may have been confused for the first little bit of the book but once I began reading, I had no problems imaging the places and things that Janir was seeing.

This story is a really fast-paced story. Janir finds herself in one mess right after another and while some had me laughing others kept me on the edge of my seat. Elisabeth's writing made this world easy to imagine and her characters were all nicely developed and entertaining. The story left off at a great part and I cannot wait to find out what happens next with Janir, Karile, and the rest of the great characters I met in this book! This was a great book and I think it will certainly appeal to fans of The Hidden Sun by J. Lloyd Morgan and Throne of Glass by Sarah J. Maas.

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Minggu, 15 Agustus 2010

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  • Sales Rank: #5463285 in Books
  • Published on: 1997-05-09
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.21" h x .75" w x 6.14" l, 1.66 pounds
  • Binding: Hardcover
  • 288 pages

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Rabu, 11 Agustus 2010

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Working with Young Children introduces�students to the fast-growing field of early childhood education.�Students will develop skills for guiding children effectively while keeping them healthy and safe. Working with Young Children applies child development principles to child care settings. On-site photos enhance the inviting, colorful format.

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  • Sales Rank: #83004 in Books
  • Brand: Brand: Goodheart-Willcox
  • Published on: 2011-04-25
  • Original language: English
  • Number of items: 1
  • Dimensions: 10.90" h x 1.40" w x 8.80" l, 4.30 pounds
  • Binding: Hardcover
  • 912 pages
Features
  • Used Book in Good Condition

About the Author
Judy Herr, Ph.D., is Professor Emeritus of Early Childhood Education at the University of Wisconsin-Stout. Dr. Herr is a member of numerous early childhood organizations such as NAEYC, and has held leadership positions in these organizations. She is also a frequent lecturer at early childhood conferences and seminars and has published many articles and books on early childhood topics.

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2 of 2 people found the following review helpful.
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Pretty Detailed Book
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Great Book
By WilsonCrimson
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Sabtu, 07 Agustus 2010

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The Investor's Paradox: The Power of Simplicity in a World of Overwhelming Choice, by Brian Portnoy

Investors are in a jam. A troubled global economy, unpredictable markets, and a bewildering number of investment choices create a dangerous landscape for individual and institutional investors alike. To meet this challenge, most of us rely on a portfolio of fund managers to take risk on our behalves. Here, investment expert Brian Portnoy delivers a powerful framework for choosing the right ones – and avoiding the losers.

Portnoy reveals that the right answers are found by confronting our own subconscious biases and behavioral quirks. A paradox we all face is the natural desire for more choice in our lives, yet the more we have, the less satisfied we become – whether we're at the grocery store, choosing doctors, or flipping through hundreds of TV channels. So, too, with investing, where there are literally tens of thousands of funds from which to choose. Hence "the investor's paradox": We crave abundant investment choices to conquer volatile markets, yet with greater flexibility, the more overwhelmed and less empowered we become.

Leveraging the fresh insights of behavioral economics, Portnoy demystifies the opaque world of elite hedge funds, addresses the limits of mass market mutual funds, and discards the false dichotomy between "traditional" and "alternative" investments. He also explores why hedge funds have recently become such a controversial and disruptive force. Turns out it's not the splashy headlines – spectacular trades, newly minted billionaires, aggressive tactics – but something much more fundamental. The stratospheric rise to prominence and availability of alternative strategies represents a further explosion in the size and complexity of the choice set in a market already saturated with products. It constitutes something we all both crave and detest.

The Investor's Paradox lights a path toward simplicity in a world of dangerous markets and overwhelming choice. Written in accessible, jargon-free language, with a healthy skepticism of today's money management industry, it offers not only practical tools for investment success but also a message of empowerment for investors drowning in possibility.

  • Sales Rank: #831856 in Books
  • Published on: 2014-01-07
  • Released on: 2014-01-07
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.43" h x .95" w x 6.43" l, .95 pounds
  • Binding: Hardcover
  • 256 pages

Review

“There are a dozen or so classic books on picking stocks, a task relatively few individual investors do today. In contrast, there have been no great texts--until now--explaining how to pick fund managers, a task almost every investor, from the richest hedge fund buyer to the smallest 401(k) participant is tasked with doing. Brian Portnoy has produced the first great text on picking fund managers. It not only includes decades worth of valuable insights, it's also one of the best written investment books you'll ever find.” ―Don Phillips, Morningstar

“The Investor's Paradox is totally original, thoroughly engaging, and remarkably well written. It must be considered an important contribution to the literature on how we make decisions about investments in the real world. This book is consistently insightful and often entertaining, offering many examples based on Portnoy's broad experiences. Novice and expert investors alike should take heed of Portnoy's major accomplishment.” ―Emmanuel Roman, CEO, Man Group

“The investment bookshelves are littered with recommendations on picking stocks and allocating assets. The Investors' Paradox addresses the far more relevant topic of manager selection, and it does this superbly. Building from his deep understanding of human behavioral biases, Portnoy's structured approach to evaluating skill cuts through the noise of past performance and marketing materials to deliver a clear and creative framework for choosing investment advisors. Also a gifted writer, Portnoy has written a classic. Highly recommended for anyone making investment decisions.” ―Mark Carhart, Chief Investment Officer, Kepos Capital

“The Investor's Paradox has arrived at just the right time. We face an unprecedented amount of choice in implementing investment strategies, and this insightful book helps filter out the noise to home in on what matters when making these critical decisions, whether you are a sophisticated allocator or an individual investor. I can't think of a better book on how to choose the best investment experts.” ―Ted Seides, Co-Chief Investment Officer and President, Protege Partners

“The Investor's Paradox... demystifies the opaque world of hedge funds. Portnoy offers practical advice on the limits of mass-market mutual funds and the false dichotomy between "traditional" - long-only mutual funds - and "alternative" investments such as hedge funds.” ―The Philadelphia Enquirer

About the Author
Brian Portnoy, Ph.D., CFA, is a veteran of the hedge fund and mutual fund industries. He is currently the Director of Investment Education at Virtus Investment Partners, a multi-asset platform of boutique investment managers who deliver a broad array of investment solutions. In that role, Brian leads the firm's educational initiatives for clients and financial advisors related to sound investing and effective decision-making. Over the previous 15 years, he held senior strategy, investment, and research roles at Chicago Equity Partners, Mesirow Financial, and Morningstar. Brian is a regular contributor at Forbes.com and Yahoo! Finance, speaks about investing and decision-making to audiences all over the world, and has lectured on the history and future of hedge funds at the U.S. Securities and Exchange Commission as part of their Leading Authors series. Brian pursued his research and teaching interests in political economy at the University of Chicago, where he earned his doctorate. He earned his B.A. from the University of Michigan. Brian holds the Chartered Financial Analyst (CFA) designation, is a member of the Economic Club of Chicago, and is active in various charitable activities on Chicago's north side, where he lives with his wife and children.

Most helpful customer reviews

16 of 18 people found the following review helpful.
The behavioral economics of choosing a fund manager
By Johnxkenny
Short review: If you're thinking about how your money is managed (and I can't imagine who isn't) read this. It combines front line experience on how to choose fund managers, with the latest thinking on the mistakes investors make when choosing and how to avoid these mistakes.

Long review: Behavioral economics is already transforming public policy, marketing and healthcare. I've been using behavioral economics professionally for many years, leveraging its insights to understand how people make decisions. Portnoy's new book raises the bar in how to use BE insights to guide decision making in the real world.

What's especially refreshing is that this is not some academic tome, but written from the perspective of someone who is experienced in actively choosing fund managers for elite hedge funds.

The core thesis of this book is that financial decision makers face overwhelming choices and whether you are choosing between hedge funds, ETFs or mutual funds, you're attempts to choose effectively are limited by biases that trap investors. The recent history of financial product innovation is an attempt to deal with this overwhelming choice.

Portnoy, in an accessible style, lays out the core tenets of behavioral economics, how financial markets have been evolving over the last twenty years, and the steps investors can take to protect themselves against their own biases.

In sum, highly recommend to anyone interested in how behavioral economics can be used, how to make investment decisions, or how our financial markets are evolving in a world of overwhelming choice.

16 of 19 people found the following review helpful.
I never found the simplicity
By David C. Fischer
I was eager to dive into this given the strong subtitle, we all want "the power of simplicity in a world of overwhelming choice". I don't know any more about picking good fund managers now than before. I think the "Five P's" of People, Philosophy, Process, Performance and Price, remain superior to his offering of Trust, Risk, Skill and Fit.

Throughout he talks of skill being nearly impossible to persist, but the book is really a sales pitch for hedge funds.

He criticizes Simon Lack's book The Hedge Fund Mirage as "controversial" and the "analysis is almost completely wrong." Portnoy instead should have provided a detailed refutation of Lack's book rather than a fleeting dismissal.

A far stronger recent book for institutional managers and "managers of managers" is Jacques Lussier's Successful Investing is a Process.

12 of 15 people found the following review helpful.
Because money management matters to all of us...
By M. Jones
We all choose people to manage our money. Whether it is your broker, your investment advisor, or your mutual fund managers in your 401(k), every one of us must make decisions about who to trust with our current cash and future financial security.

I have read any number of books that focus on how to pick stocks, how to manage a futures, how to turtle trade, how to manage portfolios, successful asset allocation and the like. There are, however, very few books I have found that focus on how to make the critical decision about who will manage your money.

But think about this: When was the last time you picked a stock? When was the last time you even reviewed the underlying holdings in your mutual funds? Now, when was the last time you selected mutual funds in your 401(k)?

I know which one I spend more time doing.

In truth, each of us spends time in Portnoy's position of "manager of managers," and his book offers us all clear, rational and, at times humorous advice about how to better select money managers. Portnoy offers practical tips on how to cut through the "noise" of finance and behavioral biases and separate the fund manager wheat from the chaff. As a former professional "fund picker," the information in this book really resonated with me.

In addition, Portnoy's writing style turned what could have been an extremely turgid read into a pleasurable experience. Mixing anecdotes with research, data and a little self-deprecation, I found the approach to the topic truly refreshing.

See all 39 customer reviews...

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