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  • Saturday, 30 May 2009

The Anti-Globalisation Breakfast Club: Manifesto for a peaceful revolution Author: Laurence Brahm Publisher: Wiley & Sons

Author: Laurence Brahm

It was the West who was the main advocator of globalisation. Now that the world is indeed a global village, it is calling for anti-globalisation.

This book sets out a blueprint for what author Laurence Brahm calls a new form of compassionate capitalism. Brahm builds his arguments on personal experience.

Tracking his years as a central bank advisor to Asian economies in transition from socialism to market economies, he reveals the struggles with the International Monetary Fund and World Bank over policy decisions pertaining to Asian growth models.

He explores the common concerns of grassroots organisations and says change is desperately needed in the wake of the global economic meltdown and collapse of the financial order.

He also brngs into focus how globalisation has brought about environmental chaos, ethnic and social disorder and the broken human rights manifesto.

The Essays of Warren Buffett: Lessons for corporate America Author: Essays by Warren E. Buffett; selected, arranged, and introduced by Lawrence A. Cunningham Publisher: Portfolio

Author: Essays by Warren E. Buffett; selected, arranged, and introduced by Lawrence A. Cunningham

Warren Buffett needs little introduction. Here, he openly admits past mistakes and even tells investors the instances when Berkshire’s stock wasn’t worth its price, a confession few CEO’s would dare to make. Buffett’s authority is derived from his exceptional record as both a corporate manager and an ordinary investor. A chapter on corporate governance outlines what he looks for in a CEO and what his own shareholders should expect from him. Buffett chooses managers he trusts and likes – he calls the leaders of one of his companies “precisely the sort of fellows you would want your daughter to marry.” He believes in compensating managers well for performance, but he’s not a fan of rewarding them with stock options.

Throughout the series of essays, the basic philosophies of value investing are repeated over and over: Select companies that you can understand and that are well run with little debt; above all, consider investments to be for the long term. First published in 1997, Buffet’s essays are considered timeless.

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