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How happy would you be if you had all the money in the world? The universal lament about money is that there is never enough. We spend endless hours obsessing over our budgets and investments, trying to figure out ways to stretch every dollar. We try to follow the advice of money gurus and financial planners, then kick ourselves whenever we spend too much or save too little. For all of the stress and effort we put into every choice, why are most of...
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The hidden history of Wall Street and the White House comes down to a single, powerful concept: confidence. Both centers of power, tapping brazen innovations over the past three decades, learned how to manufacture it. Wall Street found that straying from long-standing principles opened a path to stunning profits. Obama's determination to reverse that trend was essential to his ascendance, especially when Wall Street collapsed and the two candidates
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Belfort, who founded one of the first and largest chop shop brokerage firms in 1987, was banned from the securities business for life by 1994, and later went to jail for fraud and money-laundering, delivers a memoir that reads like fiction. It covers his decade of success with straightforward accounts of how he worked with managers of obscure companies to acquire large amounts of stock with minimal public disclosure, then pumped up the price and sold...