Greetings from Amazon.com Delivers Business and Investing Editor, Harry C. Edwards It's always difficult trying to pick the best books in any year, but when a genius such as Peter Drucker puts out a book, the task gets considerably easier. And while I can't predict where the stock market is going, reading Robert Hagstrom, Terry Savage, and James Glassman and Kevin Hassett (but probably not Edward Chancellor!) helps me sleep better at night. And for those nights when I can't sleep, a Michael Lewis or a Mark Pendergrast make for interesting companions. 1. "Management Challenges for the 21st Century" by Peter Drucker http://www.amazon.com/exec/obidos/ASIN/0887309984/entertainmentsit For decades people have looked to Peter Drucker for the best thinking about professional management on the planet. In "Management Challenges for the 21st Century," Drucker peers into the next millennium and discovers a new management paradigm--not just for business, but for any organization. 2. "The Warren Buffett Portfolio" by Robert Hagstrom http://www.amazon.com/exec/obidos/ASIN/0471247669/entertainmentsit Robert Hagstrom has spent years studying the strategies of the most successful investor of our time, Warren Buffett. In "The Warren Buffett Portfolio," Hagstrom articulates the concept of focus investing and shows how to manage a portfolio to achieve the best results--just like Buffett. 3. "Devil Take the Hindmost" by Edward Chancellor http://www.amazon.com/exec/obidos/ASIN/0374138583/entertainmentsit Tulips in Amsterdam in the 1690s, the stock market in the roaring '20s, and the Japanese real estate bubble of the late 1980s--all booms that ended with a big bang. In "Devil Take the Hindmost," Edward Chancellor leads us through an entertaining history of speculation and examines why "the four most expensive words in the English language are 'this time it's different.'" 4. "Uncommon Grounds" by Mark Pendergrast http://www.amazon.com/exec/obidos/ASIN/0465036317/entertainmentsit Find out what Mark Pendergrast knows about the second-most-valuable exported legal commodity on earth--coffee. In "Uncommon Grounds," Pendergrast looks at the social and business history of the coffee bean, from its origins in Ethiopia to the polished counters at Starbucks. Drink up! 5. "The New Pioneers" by Thomas Petzinger Jr. http://www.amazon.com/exec/obidos/ASIN/0684846365/entertainmentsit In "The New Pioneers," Wall Street Journal columnist Thomas Petzinger shows how a new breed of innovative leaders is changing the way successful companies do business. 6. "In Praise of Hard Industries" by Eamonn Fingleton http://www.amazon.com/exec/obidos/ASIN/0395899680/entertainmentsit Thanks to the information age, America's future has never looked so bright. Unless you happen to be Eamonn Fingleton. His "In Praise of Hard Industries" considers the shortcomings of the country's new digital economy and wonders if things are as rosy as they seem. 7. "The New New Thing" by Michael Lewis http://www.amazon.com/exec/obidos/ASIN/0393048136/entertainmentsit In "The New New Thing," Michael Lewis follows SGI and Netscape founder Jim Clark through yet another startup--this time Healtheon. Find out what a high IPO and sailing the Atlantic in the middle of winter have in common. 8. "Net Worth" by John Hagel III and Marc Singer http://www.amazon.com/exec/obidos/ASIN/0875848893/entertainmentsit Buying goods on the Internet is a lot different from walking into your local bricks-and-mortar storefront. In "Net Worth," John Hagel and Marc Singer examine this difference in ways you might not expect. In a networked economy, it's customers--not vendors--who make the rules, which changes the playing field for everyone. 9. "Dow 36,000" by James Glassman and Kevin Hassett http://www.amazon.com/exec/obidos/ASIN/0812931459/entertainmentsit These guys think that the Dow should be at 36,000 today, not 10 years from now. In "Dow 36,000," James Glassman and Kevin Hassett explain persuasively why stocks are undervalued. 10. "The Savage Truth on Money" by Terry Savage http://www.amazon.com/exec/obidos/ASIN/0471352292/entertainmentsit Looking for a commonsense and comprehensive approach to money? "The Savage Truth on Money" is a sensible sourcebook for dealing with everything from personal debt to investing in the stock market. ****** Looking for power tools? From screwdrivers to scroll saws, our brand-new Home Improvement Store offers the planet's best selection of tools and more. Home Improvement ****** You'll find more great books, articles, excerpts, and interviews in Amazon.com's Business & Investing section at Business & Investing ******
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