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	<title>Jack Canfield</title>
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	<pubDate>Fri, 30 Jul 2010 20:22:08 +0000</pubDate>
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		<title>Arielle Ford: Authors: Where to Focus Your Social Media Efforts</title>
		<link>http://jackcanfield.net/1467/arielle-ford-authors-where-to-focus-your-social-media-efforts</link>
		<comments>http://jackcanfield.net/1467/arielle-ford-authors-where-to-focus-your-social-media-efforts#comments</comments>
		<pubDate>Fri, 30 Jul 2010 20:22:08 +0000</pubDate>
		<dc:creator>Jack Canfield News</dc:creator>
		
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		<description><![CDATA[Facebook fans are relevant to the author's content, which makes them valuable. How valuable? According to a recent study, a Facebook fan is worth $71.84.]]></description>
			<content:encoded><![CDATA[Facebook fans are relevant to the author's content, which makes them valuable. How valuable? According to a recent study, a Facebook fan is worth $71.84.]]></content:encoded>
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		<title>Working with Emotional Intelligence</title>
		<link>http://jackcanfield.net/1284/working-with-emotional-intelligence</link>
		<comments>http://jackcanfield.net/1284/working-with-emotional-intelligence#comments</comments>
		<pubDate>Fri, 30 Jul 2010 12:28:48 +0000</pubDate>
		<dc:creator>Jack Canfield Reviews</dc:creator>
		
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		<category><![CDATA[Working With Emotional Intelligence]]></category>

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		<description><![CDATA[Working with Emotional Intelligence


	            
                          Do you have what it takes to  succeed in your career?
The secret of [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.amazon.com/dp/0553378589/?tag=jackcanfieldbooks-20"><b>Working with Emotional Intelligence</b></a></p>
<p><a href="http://www.amazon.com/dp/0553378589/?tag=jackcanfieldbooks-20"><br />
<img src="http://ecx.images-amazon.com/images/I/51%2BDiR9YBhL._SL75_.jpg" style="float:left; margin-top:0px; margin-bottom:0px; padding: 1m 2em;" /><br />
	            </a><br />
                          Do you have what it takes to  succeed in your career?</p>
<p>The secret of success is not what they taught you in school. What matters most is not IQ, not a business school degree, not even technical know-how or years of expertise. The single most important factor in job performance and advancement is <i>emotional intelligence.</i> Emotional intelligence is actually a set of skills that anyone can acquire, and in this practical guide, Daniel Goleman identifies them, explains their importance, and shows how they can be fostered.</p>
<p>For leaders, emotional intelligence is almost 90 percent of what sets stars apart from the mediocre.  As Goleman documents, it&#8217;s the essential ingredient for reaching and staying at the top in any field, even in high-tech careers.  And organizations that learn to operate in emotionally intelligent ways are the companies that will remain vital and dynamic in the competitive marketplace of today&#8211;and the future.</p>
<p>Comprehensively researched, crisply written, and packed with fascinating case histories of triumphs, disasters, and dramatic turnarounds, <b>Working with Emotional Intelligence</b> may be the most important business book you&#8217;ll ever read.</p>
<p><!-- Daniel Goleman's pioneering blockbuster, Emotional Intelligence, is a staggering success: that rare book that not only tops bestseller lists for months, but which also makes an important concept part of our common lexicon.  In his second book--already a national bestseller with more than 250,000 hardcover copies in print--Goleman shows businesspeople why it is "EQ and not MBA" that can determine the bottom line in today's volatile business world.</p>
<p>Drawing on unparalleled access to business leaders around the world and studies in more than 500 organizations, Goleman documents an astonishing fact: in determining star performance in every field, emotional intelligence matters twice as much as IQ or technical expertise.</p>
<p>Readers also discover how emotional competence can be learned.  Goleman analyzes five key sets of skills and vividly shows how they determine who is hired and who is fired in the top corporations in the world. He also provides guidelines for training in the &#8220;emotionally intelligent organization,&#8221; in chapters that no one, from manager to CEO, should miss.  </p>
<p>WORKING WITH EMOTIONAL INTELLIGENCE could prove to be the most important reference for bottom-line businesspeople in the first decades of the 21st century. &#8211;><i>Working With Emotional Intelligence</i> takes the concepts  from Daniel Goleman&#8217;s bestseller, <i>Emotional  Intelligence</i>, into the workplace. Business leaders and  outstanding performers are not defined by their IQs or even their job  skills, but by their &#8220;emotional intelligence&#8221;: a set of competencies  that distinguishes how people manage feelings, interact, and  communicate. Analyses done by dozens of experts in 500 corporations,  government agencies, and nonprofit organizations worldwide conclude  that emotional intelligence is the barometer of excellence on  virtually any job. This book explains what emotional intelligence is  and why it counts more than IQ or expertise for excelling on the  job. It details 12 personal competencies based on self-mastery (such  as accurate self-assessment, self-control, initiative, and optimism)  and 13 key relationship skills (such as service orientation,  developing others, conflict management, and building bonds). Goleman  includes many examples and anecdotes&#8211;from Fortune 500 companies to a  nonprofit preschool&#8211;that show how these competencies lead to or  thwart success. </p>
<p> Unlike IQ, emotional intelligence can keep  growing&#8211;it continues to develop with life experiences. Understanding  and raising your emotional intelligence is essential to your success  and leadership potential. This book is an excellent resource for  learning how to accomplish this. <i>&#8211;Joan Price</i> </p>
</p>
<h4 style="text-align: left;color: red">User Ratings and Reviews</h4>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Book helped me to better understand the effects of psychological harassment</em><br />
    This book has been a good reference to help me understand what psychological harassment / emotional abuse does to a person biologically.  These types of abuses do not leave much evidence, so its important for people to understand how they can harm a person.</p>
<p>On page 73. Goleman writes&#8221; People under stress have impaired function of the brain&#8217;s executive center (the prefrontal lobes) located just behind the forehead.  The prefrontal area is the site of &#8220;working memory&#8221;; the capacity to pay attention and keep in mind whatever information is salient.  When the mind is calm, working memory functions at its best.  But during an emergency, the brain falls back to simple highly familiar routines.  It puts aside complex thought, creative insight, and long term planning.  This circuitry for emergencies evolved millions of years ago.&#8221;</p>
<p>On page 75, Goleman writes, &#8220;When stresses pile one on top of the other, they seem to multiply the sense of stress (rather than just additive). When the amygdala hits the brain&#8217;s panic button, it starts a cascade that begins with the release of a hormone known as CRF (Corticotropin releasing factor) and ends with a flood of stress hormones (mostly cortisol).  The stress hormones stay in the body for hours which makes it easier to trigger the amygdala at the slightest provocation.&#8221;</p>
<p>On page 76, Goleman writes, &#8220;Stress hormones allocate more blood to sites considered more essential for emergencies, instead of the brain&#8217;s higher cognitive centers.  Cortisol steals energy resources from working memory and shunts them to the senses.  When cortisol levels are high&#8221;:<br />
<br />-	people make more errors.<br />
<br />-	they are more distracted.<br />
<br />-	they can&#8217;t remember as well (even if read recently).<br />
<br />-	irrelevant thoughts intrude.<br />
<br />-	processing information becomes more difficult.</p>
<p>On page 89 he writes, &#8220;The brain chemicals that generate enthusiasm for a challenge are different from those that respond to threats &#038; stress.  The sympathetic nervous system and the adrenal glands secrete chemicals called catecholamines.  Adrenaline and noadrenaline arouse us to action in a more productive way than the frantic urgency of cortisol.&#8221;</p>
<p>Although Goleman discusses emotional intelligence in a variety of situations, I didn&#8217;t find anything about workplace psychological harassment.  This book is about coping with more ordinary stresses of life and how people can better cope through improvement of emotional intelligence.  Even so, there was enough good general information as seen in the quotes I included above, that this book can help people cope with many situations.  I should add that I have not read his previous book on emotional intelligence. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">3 Stars</strong>  <em>Highly Academic</em><br />
    In a nutshell the theory of what Coleman presenrs makes sense. Our emotions tend<br />
<br />to rule us in certain aspects of life.</p>
<p>Much of the scientific language was beyond me. I got the general idea. The reading is a bit overdone. Furthermore, who edited the book? There were lots of mistakes. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Thought-provoking and Useful</em><br />
    While perhaps not as functional as his ground-breaking book, Emotional Intelligence, this book still adds value to anyone looking to improve their E.Q.  Goleman is still the go-to guy on this topic.  As one who teaches classes and seminars on this subject, I believe it&#8217;s well worth checking out all of Goleman&#8217;s material.  You&#8217;ll find several useful gems along the way. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">4 Stars</strong>  <em>Good reminders of the soft skills needed when leading people&#8230;</em><br />
    Nothing really new or earth shattering but a good collection of the soft skills needed when leading people.  I am in an Executive Coaching program at my Fotrune 500 compnay and this audio book was a recommended &#8216;read&#8217;. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">4 Stars</strong>  <em>Emotional Intelligence: Key to Success</em><br />
    Daniel Goleman has made a huge contribution to Executive Coaching by defining emotional intelligence and providing strategies for life and work. </p>
<p>                  <a href="http://www.amazon.com/dp/0553378589/?tag=jackcanfieldbooks-20">Compare Prices/More Info</a></p>
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		<title>No One Would Listen: A True Financial Thriller</title>
		<link>http://jackcanfield.net/1283/no-one-would-listen-a-true-financial-thriller</link>
		<comments>http://jackcanfield.net/1283/no-one-would-listen-a-true-financial-thriller#comments</comments>
		<pubDate>Thu, 29 Jul 2010 19:20:48 +0000</pubDate>
		<dc:creator>Jack Canfield Reviews</dc:creator>
		
		<category><![CDATA[Personal Finance Book Reviews]]></category>

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		<description><![CDATA[No One Would Listen: A True Financial Thriller


	            
                          Bernie Madoff was a king of the financial world and [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.amazon.com/dp/0470553731/?tag=jackcanfieldbooks-20"><b>No One Would Listen: A True Financial Thriller</b></a></p>
<p><a href="http://www.amazon.com/dp/0470553731/?tag=jackcanfieldbooks-20"><br />
<img src="http://ecx.images-amazon.com/images/I/51ZLackhWML._SL75_.jpg" style="float:left; margin-top:0px; margin-bottom:0px; padding: 1m 2em;" /><br />
	            </a><br />
                          Bernie Madoff was a king of the financial world and a beloved philanthropist. But very few people knew that he was quietly running the largest hedge fund in the world, a fund that eventually spread to over forty nations and handled tens of billions of dollars.</p>
<p>Harry Markopolos was a little-known number cruncher at a Boston equity derivatives firm analyzing investment products. A marketer for that firm, Frank Casey, handed Harry a prospectus outlining Madoff’s strategy and asked him to create a similar product. Harry sat down and looked at the numbers. The numbers didn’t add up. For the next ten years, the investigative team Markopolos recruited warned the government, the industry, and the financial press that the largest and most successful hedge fund in the industry was a total fraud and that the respected and admired Bernie Madoff was a crook. But no one would listen.</p>
<p>This is the thrilling, complete story of the pursuit of the greatest financial criminal in history. The incredible investigation takes listeners inside the financial industry, revealing the never-before-told stories behind the headlines. No One Would Listen is the frighteningly true story of massive fraud, governmental incompetence, and criminal collusion that has changed thousands of lives forever—as well as the world’s financial system.<strong>Harry Markopolos and his team of financial sleuths discuss first-hand how they cracked the Madoff Ponzi scheme</strong>  </p>
<p><em>No One Would Listen</em> is the exclusive story of the Harry Markopolos-lead investigation into Bernie Madoff and his $65 billion Ponzi scheme. While a lot has been written about Madoff&#8217;s scam, few actually know how Markopolos and his team-affectionately called &#8220;The Fox Hounds&#8221; by Markopolos himself, uncovered what Madoff was doing years before this financial disaster reached its pinnacle. Unfortunately, no one listened, until the damage of the world&#8217;s largest financial fraud ever was irreversible.</p>
<p>Since that time, Markopolos openly has testified and questioned the enforcement and fraud investigation capabilities of the Securities and Exchange Commission (SEC), shared a sliver of this page-turning story with <em>60 Minutes</em>, and become perhaps the world&#8217;s most visible and insightful whistleblower on fraud and conflicts of interest in financial markets.</p>
<p>Throughout the book, Markopolos and his Fox Hounds tell their first-hand story of investigating Madoff-with the help of bestselling author David Fisher. They explain how they discovered the fraud, and then how they provided credible and detailed evidence to major newspapers and the Securities and Exchange Commission (SEC) many times between 2000 and 2008, only to have his warnings ignored repeatedly by the SEC.</p>
<ul>
<li>Provides a firsthand account of how Markopolos uncovered Madoff&#8217;s scam years before it actually fell apart </li>
<li>Discusses how the SEC missed the red flags raised by Markopolos </li>
<li>Describes how Madoff was enabled by investors and fiduciaries alike </li>
<li>The only book to tell the story of Madoff&#8217;s scam and the SEC&#8217;s failings by those who saw both first hand </li>
</ul>
<p>Despite repeated written and verbal warnings to the SEC by Harry Markopolos, Bernie Madoff was allowed to continue his operations. <em>No One Would Listen</em> paints a vivid portrait of Markopolos and his determined team of financial sleuths, and what impact they will have on financial markets and financial regulation for decades to come.</p>
<p><span class="h3color"><strong>A Timeline of a Take-Down</strong></span><br /> <strong>Amazon-exclusive content from author Harry Markopolos</strong></p>
<p>How long did it take to uncover and expose a $40 billion crook?  Ten years.</p>
<p>
<table align="right" cellpadding="4" width="201">
<tbody>
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<td><img border="0" src="http://g-ecx.images-amazon.com/images/G/01/wiley-ems/Markopolos_320.jpg" /></td>
</tr>
</tbody>
</table>
<p>  <strong>1998-1999</strong><br /> •	1998: My Firm “discovers” Bernie Madoff<br /> •	Late 1999: I am asked to reverse engineer Madoff’s returns</p>
<p><strong>2000</strong><br /> •	I knew he was a fraudster in 5 minutes<br /> •	May: Submission to SEC Boston Regional Office’s Director of Enforcement with 12 Red Flags</p>
<p><strong>2001</strong><br /> •	January: Team Member Frank Casey recruits MAR Hedge investigative journalist Michael Ocrant onto the team during a chance meeting in Barcelona, Spain<br /> •	March: My 2nd SEC Submission on how I think Madoff is running the scheme and his investment process<br /> •	I offer to go undercover to assist the SEC<br /> •	Apr: Michael Ocrant interviews Madoff<br /> •	May: MAR Hedge publishes Madoff expose, “Madoff Tops Charts; skeptics ask how”; Barron’s publishes, “Don’t Ask, Don’t Tell: Bernie Madoff is so secretive, he even asks investors to keep mum”</p>
<p><strong>2002</strong><br /> •	Jun: Key trip to UK, France &#038; Switzerland; met with 20 Fund of Funds &#038; Private Client Banks: 14 have Madoff and report “special access to Madoff”; two have admitted Madoff losses – Dexia Asset Management and Fix Family Office; 12 have not admitted Madoff losses and all 12 were turned into SEC Chairwoman on Feb. 5, 2009; off-Shore funds attract three types of investors who won’t report losses or file SIPC claims with the US government</p>
<p><strong>2003-2004</strong><br /> •	E-mail records of investigation lost; attempting to recover data from non-functioning hard drives</p>
<p><strong>2005</strong><br /> •	Jun: Frank Casey discovers Madoff attempting to borrow money from European banks (first sign that Madoff scheme is in trouble)<br /> •	Oct: Boston SEC’s Ed Manion arranges for 3rd SEC Submission<br /> •	Oct: Meeting with Boston SEC Branch Chief Mike Garrity, who quickly investigates, finds irregularities, and forwards my submission to SEC’s New York Office<br /> •	Nov: Boston Whistleblower calls NYC Branch Chief Meaghen Cheung and reveals his identity<br /> •	Nov: 29 Red Flags submitted <br /> •	Dec: I doubt NYC SEC’s ability, fear for my life, and contact Wall Street Journal and go to local law enforcement for protection</p>
<p><strong>2006</strong><br /> •	Jan: Integral Partners’ $40 million derivatives Ponzi Scheme goes to trial five years and five months after discovery, causing us to further doubt SEC competence<br /> •	Sep: Chicago Board Options Exchange VP tells me that several OEX option traders also think Madoff is a fraudster; if SEC had called the CBOE’s marketing office, they would have cooperated</p>
<p><strong>2007</strong><br /> •	Feb 28: Neil Chelo obtains a Madoff portfolio which shows zero ability to earn a return<br /> •	Jun: Casey obtains Wickford Fund LP prospectus showing Madoff is short of cash and offering a 3:1 leverage via bank loans, another clear warning sign that Madoff is running short of cash<br /> •	Jul: Chelo obtains Fairfield Greenwich Sentry LP financial statements for 2004 – 2006 and discovers three year-end audits with three different auditors in three different countries!<br /> •	Aug: Chelo conducts a 45 minute telephone interview with Fairfield Greenwich’s head of risk management; hedge funds all lose money except for Madoff!</p>
<p><strong>2008</strong><br /> •	Apr 2: Undelivered e-mail to Sokobin, SEC’s Director of Risk Assessment, entitled, “$30 Billion Equity Derivatives Hedge Fund Fraud in New York”<br /> •	Dec 11: Madoff runs out of money, turns himself in<br /> •	Dec 12: SEC insider calls me and warns “watch your back, Operation Cover-up has begun.”</p>
<p><strong>2009</strong><br /> •	Feb 4: My U.S. House testimony followed by SEC’s senior staff and FINRA acting CEO<br /> •	Sep 4: 477-page SEC IG Report on the Madoff Fiasco released<br /> •	Sep 10: I testify before US Senate Banking Committee with SEC IG</p>
</p>
<h4 style="text-align: left;color: red">User Ratings and Reviews</h4>
<p> <strong style="color:#ffd000; background-color:#fafafa">2 Stars</strong>  <em>Extremely boring</em><br />
    shortest review I have ever written: Boring /way too technical/ a good story badly told / and arrogant </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>No one would listen</em><br />
    Harry Markopolos&#8217;s book NO ONE WOULD LISTEN gave me a detailed blue print into the twisted reality of human behavior when it comes to money. A must read for every business student on the planet. Of course I would suggest that every government worker involved with regulating the financial institutions of this country should read this book, but, it seems to me they lack this skill. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>The financial crisis takes down Madoff.  Markopolos takes down the SEC</em><br />
    This is a sensational story about the largest Ponzi scheme ever facilitated by the most incompetent financial regulator: the SEC.  Congress is currently undertaking financial reform.  But, Markopolos warns regulations are only as good as the regulators. </p>
<p>The best way to read this book is to start with Appendix B where Markopolos makes his case to the SEC and explains clearly why Bernie Madoff (BM) is running a Ponzi scheme.  Next, move on to Attachment 1: that shows the unreal 15 year investment track record of Fairfield Sentry, a large feeder fund that invested all its assets with BM.  Thus, Fairfield Sentry&#8217;s disclosure is a  perfectly transparent window on BM&#8217;s claimed performance.  Next, move on to Appendix A to read the excellent article by Michael Ocrant written in 2001.  It is one of the first public article that raises worrisome questions about BM.  Ocrant will become a member of Markopolos four-man investigative team.  After reading this material at the end of the book, you will have an insider understanding of this Ponzi scheme. </p>
<p>Markopolos uncovering this Ponzi scheme boils down to two basic concepts.  BM virtually never experienced any material losses.  To do that he had to buy Puts very close to being in the money.  Those would be financed by selling Calls also close to being in the money.  As a result, Markopolos knew he could only earn T-Bills like returns instead of the15% per year before fees.  The second impossibility is that BM funds required option positions that were at all times a lot greater than the entire volume outstanding S&#038;P 100 index options he claimed he used.  That is just not possible.     </p>
<p>Markopolos investigation has a clear motivation.  The manager of the Rampart hedge fund where he worked puts relentless pressure on Markopolos to come up with a competing product to BM.  No matter how often Markopolos tells his boss, you can&#8217;t compete against fake numbers the latter orders Markopolos to come up with a competing product anyway.  Tired of this situation, Markopolos decides to uncover Madoff. </p>
<p>No one would listen to Markopolos.  Besides the SEC, he shared his findings with The Wall Street Journal, Forbes, and Eliot Spitzer, the former NY Attorney General.  They all did not listen to his stuff.  In the case of Spitzer, Markopolos suspected it may be because Spitzer invested in the BM funds.  Yet, all the U.S. investment banks did not touch BM because they all understood he was running a Ponzi scheme.  If among the outsiders no one would listen&#8230; among the insiders no one would speak up.  Markopolos was determined to change that.  He quits his job at Rampart and becomes a full time fraud investigator in 2004.  </p>
<p>The SEC just won&#8217;t listen to Markopolos.  Markopolos fully informed the SEC about Madoff&#8217;s Ponzi scheme in 1999, 2000, 2001, 2005, and 2007.  The SEC would have to just obtain records of Madoff trades and confirm those were fictitious to arrest him.  But, the SEC did only one meaningless investigation in 2006 where they just requested Madoff to register as an investment advisor.  Only the financial crisis brought Madoff down.  In December 2008, Madoff investors requested $8 billion in redemption that he could not meet.  He confessed to his family the whole thing was a Ponzi scheme.  And, his sons turned him in to authorities.  The FBI arrested Bernie Madoff.  The SEC made no difference.</p>
<p>Markopolos states the SEC has the wrong set of skills.  SEC staffers are lawyers instead of financial experts.  Thus, in our complex world the SEC is not equipped to protect investors. Markopolos makes 13 recommendations on how to restructure the SEC and its governing the securities industries.  Some of those include replacing lawyers with financial experts, increase pay scale to attract top talent, overhaul the SEC examination process, relocate the SEC headquarter from Washington DC to New York where the expertise is, and develop a whistle blower program similar to the ones of the IRS and DOJ.  It all makes good sense.  </p>
<p>Markopolos takes down the SEC hierarchy.  After Bernie Madoff was caught, Markopolos makes a Congressional testimonial that is devastating to the SEC.  He demonstrates the SEC incompetence and illicit cooperation with the industry it is deemed to regulate.  Within days of his Congressional hearing many of the senior SEC executives resign.  Within less than five months they are all gone.  And, their replacements conduct an honest internal investigation of why they did not listen to Markopolos.  They interview Markopolos at length.       </p>
<p>Why did Bernie Madoff&#8217;s Ponzi scheme succeeded for so long?  It is because he offered everyone a deal to good to pass up.  </p>
<p>For investors, he offered irresistible returns.  Over the period 1990 to 2005 described in Attachment 1, BM funds earned 10.93% per year net of fees and beat the S&#038;P 500.  More importantly, BM funds bore only 24% of the risk of the S&#038;P 500 with a standard deviation of only 4.24% vs 17.88% for the S&#038;P 500.  Gateway fund that used a strategy most similar to the BM funds earned only 4.54% per year over the same period hardly beating T-Bills at 4.15%.  And, Gateway&#8217;s risk was still a bit higher than BM funds at 5.13%.  The Efficient Market Hypothesis dictates that higher returns are associated with higher risk.  But, BM funds combination of high returns with impossibly low risk were so far above the Efficient Frontier as to be unreal.  But, his investors decided to believe in BM&#8217;s superior market timing, black box model, and even his front-running instead of deducing the obvious:  this could only be a Ponzi scheme.  </p>
<p>For investment managers, he offered an irresistible deal.  The standard hedge fund charges 1% of assets and 20% of yearly returns.  The feeder funds that diversify over several hedge funds usually tag on very small fees on top of the hedge funds very high fees.  But, Bernie Madoff gave away the entire 1%/20% fee to the feeder funds.  Thus, feeder funds were making as much with BM as if they were the original hedge fund!  The feeder funds fees represented a fat 4% of assets.  This indicated that BM returns before fees had to be a staggering 15% over the long term.  Indeed, 15% times (1 - 20%) - 1% = 11% or BM return net of fees.  </p>
<p>Investors losses were massive.  Since 1991, David Sheehan, chief counsel of the trusteeship that resolved the BM affairs, gathered that investors invested about $36 billion.  The $36 billion invested at different times rose to $65 billion in funny money by December 2008.  Of the original $36 billion, investors got back $18 billion (or half).  Remember in a Ponzi scheme not all funds are wiped out.  The later investors repay the earlier investors in the fund.    </p>
<p>So how much did the SEC failure cost investors?  If the SEC had acted upon Markopolos first investigation in 1999, at that point BM had about $5 billion under management.  Assuming investors would have received back close to half that amount in redemption as they did later, the loss to investors would have been $2.5 billion or only 1/7th the loss they incurred a decade later.  </p>
<p>Markopolos finds out fraud is prevalent.  As a fraud investigators he uncovers 20 market-timing frauds.  That&#8217;s when an investment fund buys international stocks after the U.S. market has ran up and closed but before the international market has opened and captured the upcoming rise in price.  He reports those 20 cases to the SEC.  They don&#8217;t act on any of them.  Markopolos also indicates front-running is rampant.  That&#8217;s where a broker/dealer places his own order just before the ones of his clients to benefit from the upcoming pick up in prices.  Markopolos has also investigated pharmaceutical and other medical frauds exploiting the Medicare fund.  He says Big Pharma makes Wall Street look good.  Hopefully, the health care and financial reforms will curb those abuses. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Well Written and Captivating from the Beginning</em><br />
    The Madoff fraud was the biggest con in the history of the world, and Harry Markopolos and his team of Frank Casey, Neil Chelo and Mike Ocrant are true heroes for trying to ring the bell and get the SEC to do its job.</p>
<p>That goes without saying.</p>
<p>What needs to be said, however, is that this book is a genuinely fun read.  This is more than a good tale; it is a tale well told.  </p>
<p>Markopolos can write and he is both funny, insightful and appropriately outraged at &#8220;the big wink&#8221; given to lying, stealing and cheating on Wall Street.  </p>
<p>Buy this book; it is as well written as anything produced by John Grisham, but has the advantage of being TRUE. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>worthwhile read</em><br />
    interesting insight into Madoff and the SEC.<br />
<br />I have been involved with SEC work or their impact on by business for a long time.<br />
<br />they really were horrible in this case and acted like what a lot of people think is wrong with government, protect who you are supposed to be checking. (the current oil spill is an example of a similar government agency) I hope the new changes make it more effective. </p>
<p>                  <a href="http://www.amazon.com/dp/0470553731/?tag=jackcanfieldbooks-20">Compare Prices/More Info</a></p>
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		<title>The Little Black Book of Success: Laws of Leadership for Black Women</title>
		<link>http://jackcanfield.net/1282/the-little-black-book-of-success-laws-of-leadership-for-black-women</link>
		<comments>http://jackcanfield.net/1282/the-little-black-book-of-success-laws-of-leadership-for-black-women#comments</comments>
		<pubDate>Thu, 29 Jul 2010 03:35:48 +0000</pubDate>
		<dc:creator>Jack Canfield Reviews</dc:creator>
		
		<category><![CDATA[Personal Finance Book Reviews]]></category>

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		<description><![CDATA[The Little Black Book of Success: Laws of Leadership for Black Women


	            
                           In this engaging and invaluable “mentor [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.amazon.com/dp/0345518489/?tag=jackcanfieldbooks-20"><b>The Little Black Book of Success: Laws of Leadership for Black Women</b></a></p>
<p><a href="http://www.amazon.com/dp/0345518489/?tag=jackcanfieldbooks-20"><br />
<img src="http://ecx.images-amazon.com/images/I/41Cd-piJ5SL._SL75_.jpg" style="float:left; margin-top:0px; margin-bottom:0px; padding: 1m 2em;" /><br />
	            </a><br />
                           <br />In this engaging and invaluable “mentor in your pocket,” three dynamic and successful black female executives share their strategies to help all black women, at any level of their careers, play the power game—and win.</p>
<p>Rich with wisdom, this practical gem focuses on the building blocks of true leadership—self-confidence, effective communication, collaboration, and courage—while dealing specifically with stereotypes (avoid the Mammy Trap, and don’t become the Angry Black Woman) and the perils of self-victimization (don’t assume that every challenge occurs because you are black or female).</p>
<p>Some leaders are born, but most leaders are made—and <b>The Little Black Book of Success</b> will show you how to make it to the top, one step at a time.</p>
</p>
<h4 style="text-align: left;color: red">User Ratings and Reviews</h4>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>What wonderful advice!</em><br />
    This book, written by 3 powerful women who have &#8220;been there, done that&#8221;, should be required reading for all black women(or all women) who aspire to become  effective leaders. Challenging, inspiring and motivating. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">4 Stars</strong>  <em>Black. Woman. Successful  4.5 Stars</em><br />
    I smiled when I saw the title of the book, The Little Black Book of Success by Elaine Meryl Brown, Marsha Haygood and Rhonda Joy McLean, thinking, `Another self-help book for sisters.&#8217;However, the fact that Elaine Meryl Brown was one of the co-authors intrigued me because I had read her fiction titles. I will say that The Little Black Book of success is definitely a self-help book, but it is so much more. It is filled from cover to cover with life instructions, career information and simple common sense revelations. What I really enjoyed were the Mama-isms at the end of each chapter such as, `All is fair in love and business,&#8217; and a personal favorite, `There is no elevator to success; you must take the stairs.&#8217; While the book is filled with advice, it is also witty and interesting.</p>
<p>The Little Black Book of Success is targeted to black women, but every woman under the sun could benefit from reading it and heeding what it offers. I recommend it for all women, of all ages, persuasions or ethnicities.</p>
<p>This book was provided by publisher for review purposes only.</p>
<p>Angelia Menchan<br />
<br />APOOO BookClub<br />
 </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Simply Amazing</em><br />
    The Little Black Book of Success is simply amazing.  I have been waiting for a book on leadership that is for women of color for a long time.  I have transformed from being &#8220;average&#8221; to &#8220;above average&#8221; in the workplace as I read this book and apply the principles. I wish I had this book when I graduated from college eleven years ago.  Thank you so much. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">4 Stars</strong>  <em>Good Little Black Book</em><br />
    This book has it flaws&#8211;I wish that the chapters were longer and a little more fleshed out; I think that the subdivision of each chapter into three parts was not always necessary; and, I wish that the authors had added more illustrative examples from their individual experiences since they each have such interesting, exciting, and successful careers.  That being said, I would still recommend this book to anyone (not just African-American women) who wants to more ably manage his or her career.  While I had heard some of the tips before, many of them were new and fresh, and they really helped me to reconsider ways that I could accelerate my professional progress.  I also really appreciate that, rather than just spouting platitudes, the authors give specific, concrete action steps for their readers to follow in various situations&#8211;in my experince, this is rare, so the inclusion is a very notable and welcome change from what is contained in similar literature.  Finally, I liked that the book was informative but still a quick and easy read&#8211;very useful when trying to balance future professional development with current professional responsiblities.  All in all, a good &#8220;little black book&#8221;. </p>
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		<title>How to Win Friends &#038; Influence People</title>
		<link>http://jackcanfield.net/1281/how-to-win-friends-influence-people</link>
		<comments>http://jackcanfield.net/1281/how-to-win-friends-influence-people#comments</comments>
		<pubDate>Wed, 28 Jul 2010 12:19:48 +0000</pubDate>
		<dc:creator>Jack Canfield Reviews</dc:creator>
		
		<category><![CDATA[Personal Finance Book Reviews]]></category>

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		<category><![CDATA[Dale Carnegie]]></category>

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		<description><![CDATA[How to Win Friends &#038; Influence People


	            
                          
  YOU CAN GO AFTER THE JOB YOU WANT&#8230;AND GET [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.amazon.com/dp/0671027034/?tag=jackcanfieldbooks-20"><b>How to Win Friends &#038; Influence People</b></a></p>
<p><a href="http://www.amazon.com/dp/0671027034/?tag=jackcanfieldbooks-20"><br />
<img src="http://ecx.images-amazon.com/images/I/51W9J89I%2BfL._SL75_.jpg" style="float:left; margin-top:0px; margin-bottom:0px; padding: 1m 2em;" /><br />
	            </a>
                          </p>
<p>  <b>YOU CAN GO AFTER THE JOB YOU WANT&#8230;AND GET IT! YOU CAN TAKE THE JOB YOU HAVE&#8230;AND IMPROVE IT! YOU CAN TAKE ANY SITUATION YOU&#8217;RE IN&#8230;AND MAKE IT WORK FOR <i>YOU!</i></b>  </p>
<p>  For more than sixty years the rock-solid, time-tested advice in this book has carried thousands of now famous people up the ladder of success in their business and personal lives.  </p>
<p>  Now this previously revised and updated bestseller is available in trade paperback for the first time to help you achieve your maximum potential throughout the next century! Learn:  </p>
<p>  <b>* THREE FUNDAMENTAL TECHNIQUES IN HANDLING PEOPLE<br />  * THE SIX WAYS TO MAKE PEOPLE LIKE YOU<br />  * THE TWELVE WAYS TO WIN PEOPLE TO YOUR WAY OF THINKING<br />  * THE NINE WAYS TO CHANGE PEOPLE WITHOUT AROUSING RESENTMENT</b>This grandfather of all people-skills books was first  published in 1937. It was an overnight hit, eventually selling 15  million copies. <i>How to Win Friends and Influence People</i> is just  as useful today as it was when it was first published, because Dale  Carnegie had an understanding of human nature that will never be  outdated. Financial success, Carnegie believed, is due 15 percent to  professional knowledge and 85 percent to &#8220;the ability to express  ideas, to assume leadership, and to arouse enthusiasm among  people.&#8221; He teaches these skills through underlying principles of  dealing with people so that they feel important and appreciated. He  also emphasizes fundamental techniques for handling people without  making them feel manipulated. Carnegie says you can make someone want  to do what you want them to by seeing the situation from the other  person&#8217;s point of view and &#8220;arousing in the other person an eager  want.&#8221; You learn how to make people like you, win people over to  your way of thinking, and change people without causing offense or  arousing resentment. For instance, &#8220;let the other person feel  that the idea is his or hers,&#8221; and &#8220;talk about your own  mistakes before criticizing the other person.&#8221; Carnegie  illustrates his points with anecdotes of historical figures, leaders  of the business world, and everyday folks. <i>&#8211;Joan Price</i></p>
</p>
<h4 style="text-align: left;color: red">User Ratings and Reviews</h4>
<p> <strong style="color:#ffd000; background-color:#fafafa">2 Stars</strong>  <em>Thoroughly unimpressed</em><br />
    I have heard about this relatively famous book for many years and finally decided to read it.  I&#8217;m sorry I did. </p>
<p>I was thoroughly unimpressed.  There was nothing in here I didn&#8217;t already know just from basic social skills learned through life.  I&#8217;ll save you the time and trouble of reading this book&#8230;</p>
<p>Smile, listen, compliment others, and don&#8217;t be mean to people.  Basically, treat other people the way you want to be treated.  </p>
<p>There are no deep psychological theories, no mysterious tricks, and no secrets revealed in this book that make it worth reading. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Influence Friends</em><br />
    Great book and was delivered as advertised &#8212; in new condition.  Will look for future books here. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>A classic base to build on</em><br />
    &#8220;How to win friends and influence people&#8221; was written in the first half of the last century, and at first glance it may seem unrelated to sport. So why am I reviewing this book? Once you delve into its pages, you will see that these old-time lessons (primarily meant for the business world), are applicable to every single one of us.</p>
<p>When I first read Dale Carnegie&#8217;s words, I felt humbled. The principles presented are all so simple, so full of common sense, and so positive, yet are things that we have either forgotten, or never fully learnt. It was refreshing to hear about how old American Presidents, business people, and leaders from around the world worked with people and got to where they did. It is all too easy to get so caught up in present day material, that we fail to utilize resources and lessons learnt in the past.</p>
<p>There is a growing trend for people in one industry (such as we in sport and fitness), to broaden our horizons and look to the business world for ideas. They have to deal with bosses, colleagues, and customers. I have to deal with managers, physiotherapists &#038; coaches, and work with players.  The parallels with the business world become more and more apparent the more you think about it. If you are looking to learn from business books or resources, then you should without a doubt start with this one. It has been influencing people for over 70 years, and will serve as a great base from which to build.</p>
<p>I will be looking to review more books of this kind as they can be of great use to anyone and everyone, and they also make for a nice change of pace from scientific literature.  Thank you to those of you who recommended this to me, you know who you are!</p>
<p>More reviews of books like this are on my blog, which is listed in my profile </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>People Skills Perfected</em><br />
    I was drawn to this book after reading in Warren Buffett&#8217;s biography that it was a book he found hugely influential in his own success with dealing with people. Mr. Buffett had countless friends and influenced as many people as anyone in his lifetime, so I had to read it. I was not disappointed, this book has the eloquent writing style that was prominent in the 1930&#8217;s (the first edition was written in 1936)very charming and well written, it is a delight to read. I really wished I would have read this book twenty years ago. I would have had a much smoother journey through my business career and personal relationships, but alas later is better than never and I look forward to putting what I learned in place for the next fifty years.<br />
<br /> Hear is how you win people to your way of thinking in a nutshell. How do you get the best of an argument? Avoid them at all costs, they are not worth the price. Always show respect for others opinions. Never, ever, say &#8220;You are wrong.&#8221; This gains you nothing. If you are wrong, admit it quickly and emphatically. This is biblical from the mouth of Jesus, no less. Begin all encounters with people in a friendly way. Always get the other person saying yes, by finding common ground. Let the other person do a great deal of the talking, this is perceived as having great listening skills. Let the other person feel that the idea that you are presenting is his or hers. This is a skill. It is crucial to honestly see things from the other person&#8217;s point of view. Be sympathetic with the other person&#8217;s ideas and desires. Appeal to the nobler motives. Dramatize your ideas to make them unforgettable and convincing. Throw down a challenge, something for the other person to live up to. This appeals to the ego and desire to be important.<br />
<br /> A leader&#8217;s job includes changing people&#8217;s attitudes and behavior. Here is how to be a leader in a nutshell. Always begin with praise and honest appreciation. Call attention to people&#8217;s mistakes indirectly and very discreetly. Talk about your own mistakes before criticizing the other person. Ask questions instead of giving direct orders. Let the other person save face, give them a way out. Praise the slightest improvement and praise every improvement. Be hearty in your approbation and lavish in your praise. Give the other person a fine reputation to live up to. Use encouragement to get results. Make any fault seem easy to correct. Make the other person happy about doing the thing you suggest.<br />
<br /> This is an excellent book within the realm of learning, developing, and using people skills. So many of us lack this level of tact and finesse, most of us would do well to read this book and put its principles into action. I believe all readers will get the money spent on this book back a thousand times over in the value it adds to your life if you put these principles in action and refer back to it before important conversations take place in your life. I give this book five stars and two thumbs up. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Great Book !!</em><br />
    I would recommand this book to anyone who wants to improve their social skills. There are many useful ideas and examples that you might be able to relate to and make good use of. Of course not all of these ideas and theories are going to work at any given situation, and I believe a smart reader like you should be able to use some of these techniques in your very own way. </p>
<p>I work in the health care field and I have encountered many sick, unhappy or even angry patient everyday. This book helps me resolved and prevented a lot of conflicts, and at the same time patients are more friendly towards my new attitude. </p>
<p>Since everyone is different and everyone interpret things differently, I would leave you to decide whether or not it is a good book, but I hope you would benefit from this book more than I do. </p>
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		<title>Investing For Dummies</title>
		<link>http://jackcanfield.net/1280/investing-for-dummies</link>
		<comments>http://jackcanfield.net/1280/investing-for-dummies#comments</comments>
		<pubDate>Tue, 27 Jul 2010 19:15:48 +0000</pubDate>
		<dc:creator>Jack Canfield Reviews</dc:creator>
		
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		<description><![CDATA[Investing For Dummies


	            
                          Become a savvy investor with this updated Wall Street Journal  bestseller 
Want to take [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.amazon.com/dp/B001FA0GE4/?tag=jackcanfieldbooks-20"><b>Investing For Dummies</b></a></p>
<p><a href="http://www.amazon.com/dp/B001FA0GE4/?tag=jackcanfieldbooks-20"><br />
<img src="http://ecx.images-amazon.com/images/I/51689yT47rL._SL75_.jpg" style="float:left; margin-top:0px; margin-bottom:0px; padding: 1m 2em;" /><br />
	            </a><br />
                          <b>Become a savvy investor with this updated <i>Wall Street Journal</i>  bestseller</b> </p>
<p>Want to take charge of your financial future? This national bestselling guide  has been thoroughly updated to provide you with the latest insights into smart  investing, from weighing your investment options (such as stocks, real estate,  and small business) to understanding risks and returns, managing your portfolio,  and much more.
<ul>
<li>Get time-tested investment advice &#8212; expert author Eric Tyson shares his  extensive knowledge and reveals how to invest in challenging markets </li>
<li>Discover all the fundamentals of investing &#8212; explore your investment  choices, weigh risks and returns, choose the right investment mix, and protect  your assets </li>
<li>Navigate Wall Street &#8212; understand the financial markets and the Federal  Reserve, avoid problematic buying practices, and evaluate investment research </li>
<li>Build wealth with stocks, bonds, and mutual funds &#8212; use indexes, understand  prices, minimize costs, and diversify your investments </li>
<li>Get rich with real estate &#8212; find the right property, evaluate the market,  finance your investments, work with agents, and close the deal </li>
<li>Start, buy, or invest in a business &#8212; write a business plan, finance your  business, and improve profitability </li>
<li>Manage college and retirement savings accounts &#8212; establish your goals,  evaluate your investment options, and tame your taxes</li>
</ul>
<p><b>Open the book and find:</b>
<ul>
<li>Recommendations on the best stock, bond, and money market funds </li>
<li>The best times to buy and sell stocks and bonds </li>
<li>The scoop on exchange-traded and hedge funds </li>
<li>Tips for reading and analyzing financial reports </li>
<li>The best online brokers </li>
<li>How to make safe and profitable real estate investments </li>
<li>A wealth of information on the best investment tools and resources</li>
</ul>
<p><i>Investing for Dummies</i> is a good, all-around investment  guide for the rest of us. Author Eric Tyson covers all aspects of  investing, from stocks and bonds to real estate and  collectibles. Tyson points readers towards investments that actually  work and raises warning flags about strategies you should avoid. The  book also considers whether starting and running your business can be  a good investment option. If you&#8217;re looking for a good place to start  building a secure financial future, this is it.</p>
</p>
<h4 style="text-align: left;color: red">User Ratings and Reviews</h4>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>From Dummy to Smarty</em><br />
    After reading this book, I finally have the knowledge and confidence to invest. I&#8217;m 32 years old and I&#8217;m so glad I&#8217;ve taken the time to educated myself, now having 27 years to consider in making the most of my money and investments. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">4 Stars</strong>  <em>great overview!</em><br />
    Investing for Dummies does it&#8217;s name justice. It provides a very detailed yet elementary description that I could easily understand. If you are looking for 101 type information and are clueless as where to start, this is a great place </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">4 Stars</strong>  <em>Lots of good info.</em><br />
    I found this book very helpful. I like the way it is set up as well. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">3 Stars</strong>  <em>A little too  basic</em><br />
    My title says it all!  The book is a little too basic but then again, I should have realized that given the title!  If you have ever had even some exposure to investing, find something at the next level.  It would be a better investment!  <img src='http://jackcanfield.net/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">2 Stars</strong>  <em>redundant, too academic, not bad, but boring</em><br />
    I wanted to get some points in investment quickly, but it didn&#8217;t work. The book covers a lot of materials, but could&#8217;ve done it much more concisely. The writing is very redundant and not straight forward. It is like reading an academic paper. Yet, the author&#8217;s viewpoint is somewhat fixed, which resulted in not providing board perspective toward investment. For example, he just cuts off a short-term stock trading as gambling. He does talks about many different kinds of investment, but again his viewpoint is fixed, like a history teacher&#8217;s lecture in the ivory tower. It is boring to read. </p>
<p>                  <a href="http://www.amazon.com/dp/B001FA0GE4/?tag=jackcanfieldbooks-20">Compare Prices/More Info</a></p>
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		<item>
		<title>Arielle Ford: Write It and They Will Come</title>
		<link>http://jackcanfield.net/1466/arielle-ford-write-it-and-they-will-come</link>
		<comments>http://jackcanfield.net/1466/arielle-ford-write-it-and-they-will-come#comments</comments>
		<pubDate>Tue, 27 Jul 2010 17:43:38 +0000</pubDate>
		<dc:creator>Jack Canfield News</dc:creator>
		
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		<description><![CDATA[I didn't write my book with any intention of it becoming an international bestseller, landing on the NY Times Bestseller list. I wrote my way through a crisis because as a writer, that's how I process life.]]></description>
			<content:encoded><![CDATA[I didn't write my book with any intention of it becoming an international bestseller, landing on the NY Times Bestseller list. I wrote my way through a crisis because as a writer, that's how I process life.]]></content:encoded>
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		<title>More than Enough: The Ten Keys to Changing Your Financial Destiny</title>
		<link>http://jackcanfield.net/1279/more-than-enough-the-ten-keys-to-changing-your-financial-destiny</link>
		<comments>http://jackcanfield.net/1279/more-than-enough-the-ten-keys-to-changing-your-financial-destiny#comments</comments>
		<pubDate>Tue, 27 Jul 2010 04:12:48 +0000</pubDate>
		<dc:creator>Jack Canfield Reviews</dc:creator>
		
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		<description><![CDATA[More than Enough: The Ten Keys to Changing Your Financial Destiny


	            
                          In his first bestseller, Financial Peace, Dave [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.amazon.com/dp/0142000477/?tag=jackcanfieldbooks-20"><b>More than Enough: The Ten Keys to Changing Your Financial Destiny</b></a></p>
<p><a href="http://www.amazon.com/dp/0142000477/?tag=jackcanfieldbooks-20"><br />
<img src="http://ecx.images-amazon.com/images/I/51XT9MLxsgL._SL75_.jpg" style="float:left; margin-top:0px; margin-bottom:0px; padding: 1m 2em;" /><br />
	            </a><br />
                          In his first bestseller, <i>Financial Peace</i>, Dave Ramsey taught us how to eliminate debt from our lives. Now in <i>More Than Enough</i>, he gives us the keys to building wealth while also creating a successful, united family. Drawing from his years of work with thousands of families and corporate employees, Ramsey presents the ten keys that guarantee family and financial peace, including: values, goals, patience, discipline, and giving back to one&#8217;s community. Using these essential steps anyone can create prosperity, live debt-free, and achieve marital bliss around the issue of finances.   Filled with stories of couples, single men and women, children, and single parents, <i>More Than Enough</i> will show you:</p>
<p>  * How to create a budget that fits your income and creates wealth<br />  * What finances and romance have to do with one another<br />  * What role values play in your financial life<br />  * How to retire wealthy in every way<br />  * And much, much more  </p>
<p>  Resonating with Ramsey&#8217;s down-home, folksy voice, heartwarming case histories, inspiring insights, quotations from the Bible, and exercises, quizzes, and worksheets, <i>More Than Enough</i> provides an inspiring wealth-building guide and a life-changing blueprint for a vital family dynamic.</p>
</p>
<h4 style="text-align: left;color: red">User Ratings and Reviews</h4>
<p> <strong style="color:#ffd000; background-color:#fafafa">3 Stars</strong>  <em>More than Enough - Motivational</em><br />
    This is not a bad book, just not quite what I expected. I really liked Dave Ramsey&#8217;s Money Makeover book more. More than Enough is targeted more towards self motivation and self improvement. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">2 Stars</strong>  <em>okay, not great, preachy</em><br />
    This book was recommended to me by a coworker.  (Wish I had known she was a big fan of Faux News.  Mr. Ramsey has a show on that network and I&#8217;m sure he fits RIGHT in.)  If you aren&#8217;t married with children and especially religious this book has little to offer.  It&#8217;s all about God&#8217;s plan for you and your kids and how finances fit in to that paradigm.  I wish I had my money back.  I prefer Suze Orman for personal financial advise.  But that&#8217;s just me. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Stop being afraid of lack and start getting smart</em><br />
    If you want to get control over your money, read this book. It&#8217;s the best Dave Ramsey book he has ever published.</p>
<p>Often, money-related books get so complicated and are intimidating. You want to follow the advice, but it seems too hard and doesn&#8217;t fit with your life. This book is different. The advice is both about how to better manage money, but more importantly how to change your mind about money. It doesn&#8217;t matter where you invest your money until you get your thoughts straight. This book will do that for you. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Dramatically improved my finances and helped my marriage</em><br />
    What is there to say?</p>
<p>I followed Dave&#8217;s plan&#8230;made adult decisions and budgets with my wife&#8230;we got out of debt and are building wealth.</p>
<p>My life went from bad to good. Obviously, having money to travel and stuff is nice, but the peace of mind to be able to pay for small emergencies rather than living paycheck to paycheck is amazing. Also, I am no longer so desperate for a job that I tolerate abuse from anyone, including managers. You&#8217;d think that would make me more confrontational, but really all it made me be was more confident and solution-oriented.</p>
<p>For the first time in my adult life, I enjoy every aspect of my life.</p>
<p>P.S. Although this book has Christian quotes in it, this was not a problem. I&#8217;m not Christian and I still was able to see that the quotes had actual context with the message. So don&#8217;t let the Christian thing hang you up. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Great Book</em><br />
    If your serious about getting your money under control and serious about saving money, this is the book to read. Any book from Dave Ramsey is worthwhile. </p>
<p>                  <a href="http://www.amazon.com/dp/0142000477/?tag=jackcanfieldbooks-20">Compare Prices/More Info</a></p>
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		<title>Bounce: Mozart, Federer, Picasso, Beckham, and the Science of Success</title>
		<link>http://jackcanfield.net/1278/bounce-mozart-federer-picasso-beckham-and-the-science-of-success</link>
		<comments>http://jackcanfield.net/1278/bounce-mozart-federer-picasso-beckham-and-the-science-of-success#comments</comments>
		<pubDate>Mon, 26 Jul 2010 12:49:48 +0000</pubDate>
		<dc:creator>Jack Canfield Reviews</dc:creator>
		
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		<description><![CDATA[Bounce: Mozart, Federer, Picasso, Beckham, and the Science of Success


	            
 Why have all the sprinters who have run the 100 meters in under ten seconds been black? 
 What&#8217;s one thing Mozart, Venus Williams, and Michelangelo have in common? 
 Is it good [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.amazon.com/dp/0061723754/?tag=jackcanfieldbooks-20"><b>Bounce: Mozart, Federer, Picasso, Beckham, and the Science of Success</b></a></p>
<p><a href="http://www.amazon.com/dp/0061723754/?tag=jackcanfieldbooks-20"><br />
<img src="http://ecx.images-amazon.com/images/I/41tnWKBctbL._SL75_.jpg" style="float:left; margin-top:0px; margin-bottom:0px; padding: 1m 2em;" /><br />
	            </a></p>
<blockquote><p> Why have all the sprinters who have run the 100 meters in under ten seconds been black? </p>
<p> What&#8217;s one thing Mozart, Venus Williams, and Michelangelo have in common? </p>
<p> Is it good to praise a child&#8217;s intelligence? </p>
<p> Why are baseball players so superstitious? </p>
</blockquote>
<p> Few things in life are more satisfying than beating a rival. We love to win and hate to lose, whether it&#8217;s on the playing field or at the ballot box, in the office or in the classroom. In this bold new look at human behavior, award-winning journalist and Olympian Matthew Syed explores the truth about our competitive nature—why we win, why we don&#8217;t, and how we <i>really</i> play the game of life. <i>Bounce</i> reveals how competition—the most vivid, primal, and dramatic of human pursuits—provides vital insight into many of the most controversial issues of our time, from biology and economics, to psychology and culture, to genetics and race, to sports and politics. </p>
<p> Backed by cutting-edge scientific research and case studies, Syed shatters long-held myths about meritocracy, talent, performance, and the mind. He explains why some people thrive under pressure and others choke, and weighs the value of innate ability against that of practice, hard work, and will. From sex to math, from the motivation of children to the culture of big business, <i>Bounce</i> shows how competition provides a master key with which to unlock the mysteries of the world. </p>
</p>
<h4 style="text-align: left;color: red">User Ratings and Reviews</h4>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Inspiration to All</em><br />
    I got this book for free through my internship. I didn&#8217;t really think much of it except that it had Mozart grouped with Picasso and two names I recognized, but didn&#8217;t know. I&#8217;m not a sports person, so I wasn&#8217;t sure if I would even enjoy reading this book. As soon as I started, I was entranced. Syed&#8217;s easy narrative, in the talking-to-my-audience style really pulls the reader into his metaphors, his anecdotes, and his logic. I&#8217;ve never been so motivated by someone so different from me, someone who spent his whole life playing table tennis. I don&#8217;t really have anything to strive for, to practice, but once I find that something, I&#8217;m going to really hone in on it. Perhaps it&#8217;s too late to be at the Olympic level of anything, and I don&#8217;t like sports anyway, but I really want to learn music and writing and a bunch of other things. This was truly an inspiration, without making it sound too frilly. Though he talks about hard work and dedication, as well as doublethinking and placebo effect, and a bunch of other things that seem mind boggling, he doesn&#8217;t make it seem impossible. And for that, this book is excellent. I would recommend it to absolutely anybody. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">3 Stars</strong>  <em>Decent and insightful read, but could have been better</em><br />
    As you probably already know, the main message/goal of Matthew Syed&#8217;s book Bounce is to discredit the established notion that success in highly complex tasks (athletics in this case) is entirely due to innate ability. Instead, he argues, it is thousands of hours of purposeful, challenging practice and determination to improve that create the superior skill observed in top athletes, chess players and professionals in other fields.</p>
<p>Syed writes in a conversational tone that is very engaging and easy to follow. He does a decent job articulating his arguments and uses scientific evidence, personal experience as a table tennis Olympian and anecdotes from famous athletes to back up his claims. Additionally, this book has plenty of good insight, for example: the amount of practice it takes on average to acquire a high level of skill in a particular activity; the difference between regular practice and purposeful practice; why certain races are falsely perceived to be &#8220;naturally&#8221; good at certain sports; how children respond when they are rewarded for talent vs. hard work; the physiology of choking during a performance and many others.  </p>
<p>Despite the good stuff, certain parts of the book were not entirely convincing. Here is an example. Rationally, it&#8217;s not too hard to buy into the idea that hard work and talent breed excellence. The problem is that this still doesn&#8217;t quite explain what makes those people that start mastering a skill at a very early age gravitate towards say soccer ball vs. violin. Or why some children who are as young as two (before any meaningful parental intervention) enjoy being challenged and thrive on practicing a skill, while others shine away from it. Another interesting notion that is not discussed in this book is the speed of learning. For example when very young children are given an opportunity to do something new, some will still learn the skill quicker than others when all the other factors, such as purposeful practice and &#8220;growth mentality&#8221; have been controlled for. Think for example when a group of parents take their kids to the same skating rink, with the same instructor for the very first time. It is hard to argue that after the first half hour or so, some kids will be completely helpless and falling, others will manage to stand up, while still others will actually be successfully skating around. I am not arguing that these initial differences cannot be overcome with practice, but how did they originate in the first place if everyone is tabula rasa as Syed argues? Anyway, my goal here is not to start a nature vs. environment debate, I am just pointing out some examples that I wish this book addressed in greater detail.</p>
<p>Overall, Syed&#8217;s book is still pretty insightful, however as shown in my previous example, I don&#8217;t think that his theory of acquisition of skill is complete. This makes the book read kind of a like an almanac of interesting things about top performers rather than a serious analysis into which part of &#8220;talent&#8221; is innate vs. which part is practice.  I would love if for his next book, Syed could concentrate on the aforementioned gaps instead of giving us bits and snippets of &#8220;cool pop sci material&#8221;. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">4 Stars</strong>  <em>Effort wins over talent, but having BOTH helps &#8230;</em><br />
    Quite good, though somewhat redundant to &#8220;Talent is Over-Rated.&#8221;  Also, it oddly concludes with two dubiously relevant chapters on PED&#8217;s and the role of race in track &#038; field.  Otherwise, very good! </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Find out where greatness comes from.</em><br />
    Would you believe Michael Jordon and Tiger Woods have no natural talents for their chosen sports? That Mozart&#8217;s early symphonies were average. Can you imagine that there is a formula for greatness and &#8220;talent&#8221; that has been discovered and explained in this book and several others? If you have read Malcolm Gladwell&#8217;s &#8220;Outliers&#8221; then you will be familiar with the concepts in this book but I believe that this author added much to the previous work and went into much more detail. The author was also a former table tennis champion and two time Olympian so has personal knowledge of how he himself became among the best in the world at something. This book is like &#8220;Outliers 2.0&#8243; while the first book explained where the outliers came from and how they achieved greatness, this book shows you how it is possible for anyone to be an outlier with enough time, practice, coaching, and passion.<br />
<br /> When studies were conducted in a music academy to understand what separated good violinist from the best the psychologist conducting the study discovered that purposeful practice was the only factor distinguishing the best from the rest. After examining all the factors involved in being a violinist it changed how excellence was understood- that it is practice, not talent, that ultimately matters and holds the key to success. Further studies across many disciplines confirmed that a minimum of ten years is required to reach world-class status in any complex task. There has been determined a 1000 hours per year, 10,000 hour rule that almost all top performers in all fields have achieved before they were the best. Top performers are not born with sharper instincts, instead, they posses enhanced awareness of anticipation. This arises from the thousands of hours that they devote to their pursuits, they are masters of seeing patterns arise and develop the instincts and ability to see where the ball or puck will end up. It is the regular practice that has given them this expertise, not genes. The ascendancy of the mental and the acquired over the physical and the innate has been confirmed again and again through study after study.<br />
<br /> In 1967, Laszlo Polgar, an educational psychologist set out to prove this theory. That hard work rather than talent could transform the education system if given half a chance. That we are not born with set &#8220;talents&#8221; but the innate abilities in children could be unlocked through practice, teaching, coaching, and the child&#8217;s own desire to excel in something. Polgar used his principles to train his three daughters in chess to prove his theory. What were the results? His first daughter won four world championships and five chess Olympiads. His second daughter won numerous gold medals in chess Olympiads and also won eight straight games against many of the greatest male players in the world. His third daughter was a grandmaster by age fifteen, the youngest ever, and was the number one female chess player in the world for over a decade. Still people believed that it was a coincidence that the man who set out to prove the theory that talent is created not given at birth just happened to have some of the greatest chess players in history as children.<br />
<br /> However here are some of the caveats to greatness. Mere experience, if it is not matched by deep concentration, does not translate into excellence. On the path to developing talent the person must have the ability to learn from failure and maintain confidence. Progress is built, in effect, upon the foundations of necessary failure; that is the essential paradox of expert performance. The right training system must be in place to provide constant feedback on improving for better results. Practicing bad form with no improvement does no good. Most of the people that went on to be the best had live in coaches (usually parents) or had hired coaches who taught them proper technique and how to think. Knowledge above all determines excellence; the kind of knowledge built through deep experience and that is encoded in the brain and central nervous system. Feedback is the rocket fuel that propels the acquisition of knowledge, and with out it no amount of practice is going to get anyone to greatness. The final factor is motivation, this is the key factor driving success and failure. When Tiger Woods was a child he loved to go with his father and play golf, he thought of it as a privilege and fun, he had a passion for the game. The Williams sisters in tennis felt the same way, they were not forced to play tennis as children, they loved it. Only passion and drive will allow anyone to go through the journey of the 10,000 hours to greatness and achieve what is falsely perceived as being born with &#8220;talent&#8221;. What I believe is so powerful about this book is that it can open up the mind of readers about what is possible and allow some one to pursue any dream after understanding the cost and what it will take to develop talent in that field. These principles apply to all areas of life. I see the truth in them more and more each day now that my eyes have been opened. When you see amazing people performing at the highest levels in any field it is no doubt a result of at least 10,000 hours of practice, they were not born with their abilities.</p>
<p>Other great books about how talent is truly created:</p>
<p>&#8220;Talent is overrated&#8221; by Geoff Colvin</p>
<p>&#8220;The Talent Code&#8221; by Daniel Coyle</p>
<p>&#8220;Outliers&#8221; by Malcolm Gladwell </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">4 Stars</strong>  <em>A modern rehash on the importance of hard work</em><br />
    The main thesis of the book is easy to summarize: Genius is one percent inspiration, ninety-nine percent perspiration. While there is much truth in it, the scope is really limited to professionals where one&#8217;s own skill level is paramount. The author largely ignores luck and leadership qualities as factors of success. Nonetheless, this is a good book for today&#8217;s youngsters distracted by Internet, video games, music, text messaging and other modern media. One can never remind them too much of the value of hard work. </p>
<p>                  <a href="http://www.amazon.com/dp/0061723754/?tag=jackcanfieldbooks-20">Compare Prices/More Info</a></p>
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		<title>Think and Grow Rich!: The Original Version, Restored and Revised</title>
		<link>http://jackcanfield.net/1277/think-and-grow-rich-the-original-version-restored-and-revised</link>
		<comments>http://jackcanfield.net/1277/think-and-grow-rich-the-original-version-restored-and-revised#comments</comments>
		<pubDate>Sun, 25 Jul 2010 19:31:48 +0000</pubDate>
		<dc:creator>Jack Canfield Reviews</dc:creator>
		
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		<description><![CDATA[Think and Grow Rich!: The Original Version, Restored and Revised


	            

Think and Grow Rich!: The Original Version, Restored and Revised. Napoleon Hill&#8217;s classic book &#8212; the all-time bestseller in the personal success field &#8212; offers a life-altering experience. It teaches thousands of people the [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.amazon.com/dp/1593302002/?tag=jackcanfieldbooks-20"><b>Think and Grow Rich!: The Original Version, Restored and Revised</b></a></p>
<p><a href="http://www.amazon.com/dp/1593302002/?tag=jackcanfieldbooks-20"><br />
<img src="http://ecx.images-amazon.com/images/I/51VsDPqYRuL._SL75_.jpg" style="float:left; margin-top:0px; margin-bottom:0px; padding: 1m 2em;" /><br />
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<div>Think and Grow Rich!: The Original Version, Restored and Revised. Napoleon Hill&#8217;s classic book &#8212; the all-time bestseller in the personal success field &#8212; offers a life-altering experience. It teaches thousands of people the practical steps to high achievement and financial independence every year. This new edition is the first to contain extensive footnotes, endnotes, appendices, and an index. Now more than a motivational work, it is also a reference book and a mini-history book providing valuable information about Hill, his times, and his success philosophy. TGR&#8217;s greatest value is not only that it can make you financially successful. It can help YOU &#8212; or ANYONE &#8212; get whatever it is that you desire from life.</div>
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<h4 style="text-align: left;color: red">User Ratings and Reviews</h4>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>A Should Read Book</em><br />
    I&#8217;m reading this &#8216;Think and Grow Rich&#8217; book and studying with a Master Mind group.<br />
<br />I&#8217;m amazed at how it&#8217;s turn my life/ head around.  I&#8217;m growing with it, implementing in my life,  I&#8217;m much happier and excited about what&#8217;s coming in my future.  I&#8217;m going to send the book to my 22 year old son who needs that base and understanding of what he can do.  This will open your eyes, it&#8217;s opened mine.</p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Simply one of the best three books of all time</em><br />
    Great version, great book. If you haven&#8217;t read or don&#8217;t own this book yet, you are missing out in life. I suggest that this book not only be read immediately, it should be read throughout your lifetime. Very few books are worth reading twice, but once you truly &#8220;get&#8221; this book you will never stop reading it&#8217;s wonderful content. Enjoy and really &#8220;Think and grow rich&#8221; </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">1 Stars</strong>  <em>A  Waste</em><br />
    Worthless book, a waste of money. Tells you what internal qualities you need to become rich, but doesn&#8217;t tell you how to become rich. Must be much better get rich books out there. </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>smoking hot!!!</em><br />
    Outstanding work!!!<br />
<br />And smoking hot for shakers!!!<br />
<br />from edison, ford, firestone&#8230; and beyond!!! </p>
<p> <strong style="color:#ffd000; background-color:#fafafa">5 Stars</strong>  <em>Always an inspiration</em><br />
    This is one of the inspirational books of all time and a must have for anyone who wants to learn the dynamics for improving your life. The book has inspired so many other great speakers that the list sounds like the whos who of today&#8217;s motivational speakers. If people like Les Brown, Bob Proctor, Mark Victor Hansen, Sharon Lechter, T. Harv Eker and Greg Reid, to name but a few, say that they have been inspired by the words of Napoleon Hill then so should you.</p>
<p>I did not know much of the works of Napoleon Hill before I attended the Three Feet from Gold event in California in October 2009. That event, to celebrate the 100th anniversary of Think and Grow Rich, changed my life. Speaker after speaker, all of whom gave their time for free, gave thanks to Napoleon Hill for having accepted the invitation from Andrew Carnegie to &#8220;research and interview the most successful titans of the time to develop and record their true secrets and principles of success&#8221;.</p>
<p>This prompted me to get my own personal copy of the book. What more can I say? It is an awesome, brilliant, insightful look at the mechanisms that determine whether we will be successful in life or not. A must read and one that has pride of place in my library. </p>
<p>                  <a href="http://www.amazon.com/dp/1593302002/?tag=jackcanfieldbooks-20">Compare Prices/More Info</a></p>
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