An updated approach to classic security analysis The principles of value investing outlined by Graham and Dodd in the 1940s continues to be used today by individuals and companies who face challenging investment decisions. A Modern Approach to Graham and Dodd Investing examines the classic Graham and Dodd approach to valuation and updates it for the twenty-first century. Thomas Au, a credentialed analyst with a leading insurance company and an ex-Value Line analyst, reworks the basics of value investing from net present value, financial statement analysis, and return on capital to return and leverage, asset allocation, and diversification. Through case studies and real-time analysis, A Modern Approach to Graham and Dodd Investing presents readers with examples that will make analysis and portfolio theory more relevant and powerful. Thomas P. Au (Hartford, CT) is a Vice President and Portfolio Manager for the investment arm of a large insurance and healthcare provider. His specialty is emerging and international markets. He received his BA, cum laude, with a double major in economics and history, from Yale University, and an MBA in finance from New York University.

Beginning with the inauguration of the Eric Canal and ending with the outbreak of the Civil War, the port of New York was turned into the gateway to the United States. Already the financial capital of America, the city now became an international economic and cultural center as well. In this magnificent book, eminent authorities discuss the proliferation of the visual arts that occurred during this period.

Church and state issues are in the news now more than ever before. Political and religious leaders alike are negotiating shaky ground as they balance their religious/moral and political perspectives with their roles as leaders. New technologies push the boundaries of moral consensus by creating new controversies such as those involving stem-cell research and medical measures to sustain or end the lives of the terminally ill. The Supreme Court continues to work to clarify the fuzzy line between religion and politics as it addresses cases regarding abortion, school prayer, and the Pledge of Allegiance, among other issues. Further controversies only lead to further divisions among Americans. Church and state issues are in the news now more than ever before. Political and religious leaders alike are negotiating on shaky ground as they balance their religious/moral and political perspectives with their roles as leaders. New technologies push the boundaries of moral consensus by creating new controversies such as those involving stem-cell research and medical measures to sustain or end the lives of the terminally ill. The Supreme Court continues to work to clarify the fuzzy line between religion and politics as it addresses cases regarding abortion, school prayer, and the Pledge of Allegiance, among other issues. Further controversies only lead to further divisions among Americans. At the beginning of the 21st century, there are as many interpretations of this separation as there are interpretations of particular issues such as abortion or school vouchers. This three-volume collection summarizes the history and current status of issues involving the separation of church and state through chapters examining the backgrounds, relevant constitutional concerns, and variety of perspectives on specific controversies. Framed by a general discussion of the history of the separation between church and state and through careful attention to subjects such as capital punishment, gay marriage, and clergy support of political leaders, there emerges an incredibly complex, enlightening, and provocative picture for anyone with an interest in the unique nature of religion in the United States of America.

This book is about the city of Amsterdam. The city has always been associated with (international) migration, even though the rate of immigration has fluctuated over time. Amsterdam has become what it is today in large part due to immigrants’ hard labour, entrepreneurial drive and financial capital. Oddly enough, this is hardly reflected in academic research. While an abundance of studies on the ‘integration’ of immigrants highlight how immigrants enter the mainstream (a process that slowly but surely takes place), the city itself and its social institutions have usually been treated as givens, as if they were part of the scenery. How immigrants have influenced urban progress has rarely been touched upon. By examining the mutual influencing of immigrant integration and urban change in a diversity of domains, this book should fill this gap. Most of the contributors to this volume are or have been affiliated with the University of Amsterdam. Some are well-versed in post-migration studies, others are specialists in other fields of research, but all share an interest in the nexus of urban development and immigrant ethnic diversity. We met several times to discuss the progress of this endeavour and, in doing so, helped foster the quality and coherence of the book. Takeo David Hymans did the linguistic editing with utmost care, and we are grateful for this contribution to the book. Finally, and regrettably, one of the authors passed away during the editing process, Cees Cortie. We would like to express our sympathy to the next of kin and dedicate this book to him as a token of our appreciation of his scientific work.

The 1989-91 upheavals in Eastern Europe sparked a turbulent process of social and economic transition. Two decades on, with the global economic crisis of 2008-10, a new phase has begun. This book explores the scale and trajectory of the crisis through case studies of the Czech Republic, Hungary, Latvia, Poland, Russia, Ukraine and the former Yugoslavia. The contributors focus upon the relationships between geopolitics, the world economy and class restructuring. The book covers the changing relationship between business and states; foreign capital flows; financialisation and asset price bubbles; austerity and privatisation; and societal responses, in the form of reactionary populism and progressive social movements. Challenging neoliberal interpretations that envisage the transition as a process of unfolding liberty, the dialectic charted in these pages reveals uneven development, attenuated freedoms and social polarisation.

In 1830, the inhabitants of the southern part of the United Kingdom of the Netherlands revolted against King William I. The National Congress then declared independence and proclaimed the installation of a parliamentary monarchy, and thus, the new country of Belgium was created. Belgium's vibrant culture and society have produced such artists as Peter Paul Rubens, Jan Van Eyck, and Antoon Van Dijk, as well as the influential scientists Gerardus Mercator and Andreus Vesalius. Brussels, the country's capital city, also houses the headquarters of the European Union and the North Atlantic Treaty Organization. This second edition of the Historical Dictionary of Belgium relates the history of this country through a detailed chronology, an introduction, appendixes, a bibliography, and cross-referenced dictionary entries on some of the more significant persons, places, and events; institutions and organizations; and political, economic, social, cultural, and religious facets.

All but closed to outside visitors and influence, its public posture guarded and combative, we see almost nothing from inside North Korea. Award-winning photographer Mark Edward Harris has had rare access to this reclusive country, traveling within its borders as well as documenting life along its northern border with China and the highly militarized DMZ dividing North and South Korea. His images are amazing: the monumental architecture and empty streets of the capital; tightly controlled zones of economic and tourist trade with South Korea; mass games featuring 100,000 choreographed participants. Short essays, extended captions, and a foreword by North Korea expert Bruce Cumings further illuminate a country increasingly at the center of international politics.

In an "urban biography," Michael Hamm tells the story of one of Europe's most diverse cities and its distinctive mix of Ukrainian, Polish, Russian, and Jewish inhabitants. A splendid urban center in medieval times, Kiev became a major metropolis in late Imperial Russia, and is now the capital of independent Ukraine. After a concise account of Kiev's early history, Hamm focuses on the city's dramatic growth in the nineteenth and early twentieth centuries. The first historian to analyze how each of Kiev's ethnic groups contributed to the vitality of the city's culture, he also examines the violent conflicts that developed among them. He shows why Kiev came to be known for its "abundance of revolutionaries" and its anti-Semitic violence. This carefully detailed account reveals another side of the city's history. It helps to put present events in context, showing that at least one of the 'new' nationalisms in the former Soviet Union has old and very deep roots.

An elaborate kaleidoscope of craft, artistry and religion, Kyoto is one of the world's most popular travel destinations. Art and design form the weft and warp of this vibrant 1,200-year-old city, home to hundreds of gardens, palaces, villas and magnificent wooden temples, including seventeen UNESCO World Heritage sites. Like a Zen koan, Kyoto defies easy description. Its citizens may work at Nintendo designing video games, at a company designing precision medical instruments, or sitting cross-legged meticulously affixing micro-thin flakes of gold foil onto a painting. All of them share a living heritage grounded in centuries of traditional culture. In Kyoto: City of Zen, local Kyoto expert Judith Clancy presents the most important gardens, temples, shrines and palaces of this ancient capital city and enduring cultural center. In addition to unveiling the city's spiritual and historical riches, this book shares with readers the exquisite foods, artistic crafts, religious ceremonies and architectural traditions that have flourished in Kyoto for over a millennium. Tea ceremonies, calligraphy, weaving, pottery, painting, drama, and many more traditional arts and crafts are presented through more than 350 photographs by Ben Simmons, whose images capture the true essence of Kyoto. The city's natural setting also comes into focus as you walk along leafy mountain paths and through spectacular parks and gardens viewing the best foliage each season has to offer.

In 1859 the Finnish-Swedish aristocrat and naval officer, Hampus Furuhjelm arrived in Alaska as one of the Russian colony's last ambassadors. He brought with him his young wife Anna Furuhjelm, who wrote many long letters in English to her mother. These letters, for the first time, give us a vivid picture of everyday life in the colonial capital, Sitka, in the period shortly before the USA. took over Alaska. The letters have been edited and commented by Anna Furuhjelm's great-granddaughter, Anni Christensen.

Lisbon's proximity to the coast makes it an ideal choice for both sightseeing and sunbathing, and with more than 500 sumptuous color photographs, maps, and illustrations, this is your indispensable guide to Portugal's bright capital. Whether you're looking for a cup of Lisbon's signature coffee or a captivating place in which to enjoy it, the DK Eyewitness Travel Guide: Lisbon is the perfect travel companion. This fully revised edition includes 3-D aerial views of Lisbon's most interesting districts and cutaways and floor plans of all the major sights, including the Mosteiro dos Jerónimos. The "Four Great Days" sightseeing itineraries and two specially devised walking tours will allow you to discover the harbor city's architectural charm and rich history in depth, while a reliable selection of bars, hotels, shops, and entertainment venues will ensure you don't miss a thing. Immerse yourself in the history of Portugal's golden age as you explore hidden treasures through the streets of the ancient Belém parish. Indulge yourself in life's simple pleasures with the fine wines of Portugal or the delectable pastries freshly baked in Lisbon's classic and contemporary cafés. Explore a wide range of Lisbon's music, entertainment, and nightlife as you delve deeply into the culture scene with this indispensable guide in hand. The enlarged and enhanced color Street Finder, detailed public transport map, and pull-out map with detailed sheet maps and useful transportation information will ensure you'll have no problem finding your way.

In the early sixteenth century, the monk Filofei proclaimed Moscow the "Third Rome." By the 1930s, intellectuals and artists all over the world thought of Moscow as a mecca of secular enlightenment. In Moscow, the Fourth Rome, Katerina Clark shows how Soviet officials and intellectuals, in seeking to capture the imagination of leftist and anti-fascist intellectuals throughout the world, sought to establish their capital as the cosmopolitan center of a post-Christian confederation and to rebuild it to become a beacon for the rest of the world. Clark provides an interpretative cultural history of the city during the crucial 1930s, the decade of the Great Purge. She draws on the work of intellectuals such as Sergei Eisenstein, Sergei Tretiakov, Mikhail Koltsov, and Ilya Ehrenburg to shed light on the singular Zeitgeist of that most Stalinist of periods. In her account, the decade emerges as an important moment in the prehistory of key concepts in literary and cultural studies today-transnationalism, cosmopolitanism, and world literature. By bringing to light neglected antecedents, she provides a new polemical and political context for understanding canonical works of writers such as Brecht, Benjamin, Lukacs, and Bakhtin. Moscow, the Fourth Rome breaches the intellectual iron curtain that has circumscribed cultural histories of Stalinist Russia, by broadening the framework to include considerable interaction with Western intellectuals and trends. Its integration of the understudied international dimension into the interpretation of Soviet culture remedies misunderstandings of the world-historical significance of Moscow under Stalin.

. . . the book can be recommended to all with an interest in the issue of older workers in a globalised world. Ageing and Society Early retirement has been a policy to cope with the problems of massive unemployment in many Western welfare states. However, it has become apparent that this strategy is costly and destroys human capital urgently needed in ageing societies. This book offers a comprehensive and up-to-date study of late-career patterns and processes of early retirement in fourteen OECD countries, using both cross-sectional and longitudinal data. It is an important contribution to life-course research and will provide the foundation for any serious discussion on pension reforms and increasing the employability of older workers. Hans-Jürgen Andreß, University of Cologne, Germany This timely book investigates the growth of the early retirement trend and its varying spread among different groups of older workers in fourteen modern societies. It argues for a differentiated political approach to reverse early retirement, which relies on both pension and employability policies for older workers. Examining the early retirement trend virtually all modern societies have been faced with since the onset of the globalization process in the 1970s and 1980s, this book provides a thorough analysis of older workers late careers and their retirement transitions, as well as explaining why this trend has developed differently between nations. To promote an effective reversal of the early retirement trend, national policymakers are advised not to concentrate their efforts exclusively on reducing the financial incentives for an early exit still present in most national pension systems. In addition, it is also recommended that they invest in the employability of older workers, implying a thorough reconsideration of the design of education and labor market policies. Dirk Hofäcker presents a unique and comprehensive synthesis of theories describing and explaining the trend towards early retirement, and critically discusses their comparative advantages and shortcomings. Researchers and students of sociology, economics, gerontology, demography and comparative welfare states should not be without this book and policymakers and practitioners dealing with labor market policies will find it invaluable.