Read Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead

Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead

Ralph W. Baker Jr.

4.9/5 (34561 ratings)

Description:In 2006 I started a youth mentorship program called the New York Shock Exchange as a vehicle to share my passion for investing and basketball with my 11-year-old son and other boys his age. After having played basketball in college and spending over a decade involved in corporate finance and mergers & acquisitions, I was just the person to teach it to them. And just as I had suspected, with their ability to spot trends before adults, inner-city kids from Brooklyn knew more about investing than I, Peter Lynch, Bill Miller, and any hedge fund manager or Wall Street analyst on the planet.In the process, we noticed how key drivers of the economy – housing starts and auto sales – were dismal. Along with rising oil prices caused by wars in Iraq and Afghanistan, the U.S. economy was in the midst of stagflation not seen since the early 1990s and the Nixon administration of the ‘70s. Since the “Great Recession” that the Shock Exchange foretold, financial literacy has been championed by the Wall Street community. The Shock Exchange’s observations on the Great Recession – and the steps needed to address it – have been repeated by politicians, economists, Wall Street analysts, and even the president. But it’s not over; the next recession will be more painful than the last. I will take you on a journey of how we came to know this, the progenitors of the financial crisis, and "the pain ahead."We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead. To get started finding Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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ISBN: 0988488906

Description: In 2006 I started a youth mentorship program called the New York Shock Exchange as a vehicle to share my passion for investing and basketball with my 11-year-old son and other boys his age. After having played basketball in college and spending over a decade involved in corporate finance and mergers & acquisitions, I was just the person to teach it to them. And just as I had suspected, with their ability to spot trends before adults, inner-city kids from Brooklyn knew more about investing than I, Peter Lynch, Bill Miller, and any hedge fund manager or Wall Street analyst on the planet.In the process, we noticed how key drivers of the economy – housing starts and auto sales – were dismal. Along with rising oil prices caused by wars in Iraq and Afghanistan, the U.S. economy was in the midst of stagflation not seen since the early 1990s and the Nixon administration of the ‘70s. Since the “Great Recession” that the Shock Exchange foretold, financial literacy has been championed by the Wall Street community. The Shock Exchange’s observations on the Great Recession – and the steps needed to address it – have been repeated by politicians, economists, Wall Street analysts, and even the president. But it’s not over; the next recession will be more painful than the last. I will take you on a journey of how we came to know this, the progenitors of the financial crisis, and "the pain ahead."We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead. To get started finding Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead

Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead

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