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ReadersSpeak





                  Making optimal financial decisions            two covers lifetime financial decision-making, integrating
                                                                investment, saving and spending choices. In part three,
                              e wish to thank financial gurus   readers gain knowledge on calibrating personal risk-
                              Victor Haghani and James          aversion levels and estimating returns and risks across
                              White,  co-authors of  The  Missing   a  broad  range  of  investments.  Finally,  part  four  offers
                 W Billionaires:  A Guide to Better             an array of puzzles that encourage readers to apply the
        Financial Decisions, who have heard from a number of    concept of utility to their problem-solving and decision-
        payments and fintech professionals who are interested in   making.
        wealth building. Here's what they had to say about their
        new book. Their remarks are edited slightly for brevity:  "Drawing from our experiences as arbitrage traders at such
                                                                institutions as Salomon Brothers, LTCM, Nationsbank/
        "In a world teeming with immense wealth, why is it      CRT, and Citadel, we provide case studies and anecdotes,
        that not a single U.S. billionaire heir from centuries-  as well as a bonus chapter on Liar's Poker," they noted.
        old fortunes graces the ranks of today's rich lists?"   "Whether you are a young individual building your wealth,
        they wrote. "Unravel the secrets behind this puzzling   an entrepreneur heavily invested in your own business,
        phenomenon  with our recently released  bestseller.  The   or at a stage where your primary focus is investing and
        Missing Billionaires delves deep into the heart of a critical   spending, we believe The Missing Billionaires will equip
        mistake plaguing countless investors: poor risk decisions   you with a comprehensive, practical framework for
        in both investing and spending. With a blend of academic   making sound financial choices."
        insights and practical wisdom, this book bridges the gap
        between personal finance and scholarly literature, making   Go-to wealth management resources
        it accessible to all readers."                          After working hard to grow and maintain your merchant
                                                                portfolio, what resources do you rely on to ensure you
        Describing the book's contents, they mentioned that part   invest your residuals wisely for business building and
        one establishes the theory of optimal investment sizing,   for accumulating financial assets to support your chosen
        starting with the concept of betting on biased coins. Part   lifestyle? Please fill us in at greensheet@greensheet.com.






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