Beach reading isn't necessarily literature. It may be hard to believe but there are quite a few busines books that actually qualify as beach reading material. A good beach book should have an excellent narrative flow and widespread appeal. A good beach book is engaging and a quick enough read that you can finish most of before your sunscreen wears off. With any of the following beach books in hand, all you need to remember is your towel and sunscreen. Enjoy!!
Forbes: the legendary name in finance journalism. Synonymous with wealth, grand excess, glamour, and fun as well as style, insight, gossip, and hard-nosed reporting, the media empire and the family behind it form a remarkable story that has never been told. Now, in The Fall of the House of Forbes, veteran journalist Stewart Pinkerton reveals the hidden machinations, disastrous decisions, and personal foibles of a century-old dynasty that rose to glittering heights and crashed just as spectacularly.
A compelling narrative account of a powerful family’s dysfunction, The Fall of the House of Forbes is a parable of capitalism at its best and worst, and a metaphor for the current state of digital turmoil in media.
In 2006, hedge fund manager John Paulson realized something few others suspected--that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. Paulson's background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing. But Paulson was convinced this was his chance to make his mark. He just wasn't sure how to do it. Colleagues at investment banks scoffed at him and investors dismissed him. Even pros skeptical about housing shied away from the complicated derivative investments that Paulson was just learning about. But Paulson and a handful of renegade investors such as Jeffrey Greene and Michael Burry began to bet heavily against risky mortgages and precarious financial companies. Initially, Paulson and the others lost tens of millions of dollars as real estate and stocks continued to soar. Rather than back down, however, Paulson redoubled his bets, putting his hedge fund and his reputation on the line. In the summer of 2007, the markets began to implode, bringing Paulson early profits, but also sparking efforts to rescue real estate and derail him. By year's end, though, John Paulson had pulled off the greatest trade in financial history, earning more than $15 billion for his firm--a figure that dwarfed George Soros's billion-dollar currency trade in 1992. Paulson made billions more in 2008 by transforming his gutsy move. Some of the underdog investors who attempted the daring trade also reaped fortunes. But others who got the timing wrong met devastating failure, discovering that being early and right wasn't nearly enough.
The time was the 1980s. The place was Wall Street. The game was called Liar's Poker. Michael Lewis was fresh out of Princeton and the London School of Economics when he landed a job at Salomon Brothers, one of Wall Street's premier investment firms. During the next three years, Lewis rose from callow trainee to bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. Liar's Poker is the culmination of those heady, frenzied years—a behind-the-scenes look at a unique and turbulent time in American business. From the frat-boy camaraderie of the forty-first-floor trading room to the killer instinct that made ambitious young men gamble everything on a high-stakes game of bluffing and deception, here is Michael Lewis's knowing and hilarious insider's account of an unprecedented era of greed, gluttony, and outrageous fortune.
Best friends Eduardo Saverin and Mark Zuckerberg had spent many lonely
nights looking for a way to stand out among Harvard University’s elite,
competitive, and accomplished student body. Then, in 2003, Zuckerberg
hacked into Harvard’s computers, crashed the campus network, almost got
himself expelled, and was inspired to create Facebook, the social
networking site that has since revolutionized communication around the
With Saverin’s funding their tiny start-up went from dorm room to Silicon Valley. But conflicting ideas about Facebook’s future transformed the friends into enemies. Soon, the undergraduate exuberance that marked their collaboration turned into out-and-out warfare as it fell prey to the adult world of venture capitalists, big money, lawyers.
Love him for saving you 50 percent on last night’s Indian dinner or hate
him for cashing in big when he could be losing millions for merchants
and investors alike, Mason---Groupon’s thirtysomething founder and
CEO---made an incredible gamble when he turned down Google’s $6 billion
buyout offer to go it alone. The experts thought he was insane. Groupon
was little more than two years old and staffed from top to bottom with
twentysomethings. The wild ride couldn’t last, but Mason thought
otherwise, and with dreams of a potential IPO that could be massive, he
liked his odds.
But did he make the right decision, or did he blow a chance to continue to grow “the fastest growing company in history”? Is Mason an Internet genius, or is he sitting on another bubble that could burst at any moment?