By Joel C. Rosenberg
“The president of the us . . . is missing.”
With those phrases, long island instances journalist J. B. Collins, reporting from the scene of a devastating assault by way of ISIS terrorists in Amman, Jordan, places the total international on excessive alert. The leaders of Israel and Palestine are seriously injured, Jordan’s king is battling for his lifestyles, and the U.S. president is lacking and presumed captured.
As the U.S. executive faces a constitutional quandary and Jordan battles for its very lifestyles, Collins needs to do his most sensible to maintain the realm expert whereas operating to persuade the FBI that his tales are usually not chargeable for the fear assault at the Jordanian capital. And ISIS nonetheless has chemical guns . . .
Struggling to transparent his identify, Collins and the key provider attempt frantically to find and rescue the chief of the unfastened global earlier than ISIS’s threats turn into a catastrophic fact.
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Extra info for The First Hostage (A J. B. Collins Novel, Book 2)
Several years later he lamented, “What seems really strange now is that I could make a prediction of that kind in all seriousness, yet not have the sense to realize the dangers to which I continued to subject the Account’s capital” (Benjamin Graham, Benjamin Graham: The Memoirs of the Dean of Wall Street, edited by Seymour Chapman [New York: McGraw-Hill, 1996], 259). In mid-1929, the equity in the “Account” was a proud $2,500,000; by the end of 1932, it had shrunk to a mere $375,000. The dismay and apprehension Graham experienced during those three long years he summarized by saying: The chief burden on my mind was not so much the actual shrinkage of my fortune as the lengthy attrition, the repeated disappointments after the tide had seemed to turn, the ultimate uncertainty about whether the Depression and the losses would ever come to an end.
Forgetting to Read Menus from Right to Left As for the analysis of individual businesses, Graham attached great importance to the purchase price, the only variable over which an investor has control (if he has the discipline to patiently wait, and sometimes forgo purchase altogether, so as to pay no more than a price that affords a satisfactory margin of safety). Graham distinguished between ﬁnancial reasoning and business reasoning as they relate to purchase price: We have here the point that brings home more strikingly perhaps than any other the widened rift between ﬁnancial thought and ordinary business thought.
The aforementioned conversation Graham had with Baruch, followed later by his words of contrition, are still ringing in our ears. It’s a Numbers Game In examining the conﬂuence of forces that culminated in the Crash of 1929, Benjamin Graham compared the late stages of the phenomenon with the Alaskan Gold Rush. The blurring of distinctions between Wall Street and Main Street that occurred in the last chimerical years of the 1920s became the fetid bog of exaggerated expectations in which an addictive Gold Rush mentality fermented.
The First Hostage (A J. B. Collins Novel, Book 2) by Joel C. Rosenberg