Read e-book online The African Contract (Hayden Stone, Book 2) PDF

By Arthur Kerns

ISBN-10: 1626813027

ISBN-13: 9781626813021

"An clever, masterfully-crafted, and all too believable undercover agent novel that would thrill fanatics of Olen Steinhauer and Daniel Silva. The African agreement hooked me from the beginning and stored me up overdue. Hayden Stone—part James Bond, half Jack Reacher—isn't afraid to combine it up, yet cleans up good during this action-packed, multi-layered romp during the African continent as he searches, actually, for a ticking bomb. If you're partial to undercover agent novels, The African agreement will be subsequent in your interpreting list." —Robert Dugoni, big apple instances Bestselling writer of homicide One and The Conviction.

"Hayden Stone is a personality worthy rooting for, and Arthur Kerns is a skilled storyteller." —Sheldon Siegel, long island instances bestselling writer of Incriminating Evidence

In the savannahs of Namibia, a boxcar sits, locked and watched. there is not any restrict to what number of people may die from what's within. there isn't any restrict to what number of people may kill for it.

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Additional info for The African Contract (Hayden Stone, Book 2)

Sample text

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.

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The African Contract (Hayden Stone, Book 2) by Arthur Kerns


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