July 2012 - Issue 51
 

The Einstein of Money

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Ghosts
THE EINSTEIN OF MONEY

  

 

Just as Albert Einstein transformed the physical sciences, Benjamin Graham revolutionized the science of investment finance with boldly original thinking. In place of thinly disguised speculation, Graham introduced a highly lucrative empirical system that Warren Buffett and many other billionaires and multimillionaires credit for their success. Buffett - widely considered the most successful investor of all time - has repeatedly acknowledged Graham, a man he personally studied and worked under, as the primary influence on his investment approach. 

Yaghoobi 

In The Einstein of Money: The Life and Timeless Financial Wisdom of Benjamin Graham, the first biography of Benjamin Graham written with access to his posthumously published memoirs, Joe Carlen explains Graham's wealth-creation concepts while telling the colorful story of his amazing business career and unconventional personal life. The Economist says that "by switching between Graham's philosophy and his personal life, [Joe Carlen] gives the book narrative drive. Best of all, he makes the reader want to go back to Graham's original work."

 

Carlen distills the best from Graham's extensive published works and draws from personal interviews he conducted with Warren Buffett, Charles Brandes, and many other top US and global value investors as well as Graham's surviving children and friends, weaving Graham's transformational ideas into the narrative of a momentous life and legacy.

 

"Far from enough has been written about Benjamin Graham," says Howard Marks, chairman of Oaktree Capital Management. "The Einstein of Money provides a lucid introduction to Graham and his ideas, and as such does investors a real service. Its message is an essential one."

 

Of this must-read for investors, Thomas Graham Kahn, president of Kahn Brothers Group, Inc., adds, "One cannot be an 'intelligent investor' without understanding Graham's work."

 

Watch for The Einstein of Money on TheStreet on August 6, 2012, as well as in the pages of the USA Today Business Section, the Wall Street Journal investment columns, and the Washington Independent Review of Books.



ABOUT THE AUTHOR

Photo © Nathan Stinson 

 

 

 

 

Joe Carlen is the cofounder and lead market analyst at Know Thy Market, LLC. He is the coauthor (with Banana Boat® founder Robert Bell) of the business biography From Lifeguard to Sun King, which was included on the Wall Street Journal business book bestseller list.

 

 

Measure

 

THE MEASURE OF A NATION

 

Data doesn't lie. Did you know that Americans have the lowest life expectancy and America shows the sharpest disparity between rich and poor among all competitor nations? That Americans are at least two times more likely to be murdered and four times more likely to be incarcerated than any other competitor country, including Japan, France, and the United Kingdom?

 

How to improve America? First compare its performance in five key areas - health, education, safety, equality, and even democracy - with thirteen competitive industrial nations, then identify the best practices found throughout the world and adopt them here. That's the approach United Nations statistician and health economist Howard Steven Friedman takes in The Measure of a Nation: How to Regain America's Competitive Edge and Boost Our Global Standing

 

It's "a must-read for anyone interested in seeing their country achieve greatness," says Steven Hill, author of Europe's Promise, "a thorough, unbiased analysis of how America compares with the rest of the developed world in... quality-of-life indicators."

 

Yaghoobi Rom Brafman, coauthor of the New York Times bestseller Sway: The Irresistible Pull of Irrational Behavior, says The Measure of a Nation is "an eye-opening and revealing analysis of what America needs to do to remain great. . .[a] fact-based examination. . .grounded in unbiased data."

 

 

For insight, watch author Howard Steven Friedman on TheStreet and the Yahoo! Finance Tech Ticker and listen to his interview with New York City's Leonard Lopate

 

 

 

ABOUT THE AUTHOR

 

 

HOWARD STEVEN FRIEDMAN is a leading statistician and health economist for the United Nations. He has worked with major organizations including UNICEF, the World Bank, the World Health Organization, UNFPA, UNAIDS, UNDP, and UNESCO. He is also an adjunct professor at Columbia University's School of International and Public Affairs, and he formerly directed data analysis teams in the corporate world. He is the author of more than thirty-five scientific articles and book chapters in areas of applied statistics and health economics.

 

We hope you are having a chance to catch up on some reading this summer. As a subscriber to The Promethean, you get 40% off and free shipping* on a different book each month - see the coupon below for details and thank you for your time!

 

Jill Maxick

Prometheus Books

marketing@prometheusbooks.com

 

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