Oh So U're A Foreigner., Pardon My Previous Reply It Was Written On Bahasa.
Macro Economics? well U Should Check these Links http://www.ebookee.com/index.php?tag=80 http://www.esnips.com/_t_/economic?q=economic Or U can Sign At www.projectw.org and Go Hunt Some Great Threads Consisting Finance and Economics E-Books There. Oh and When U Become Rich and Success Enough to Buy The Books., dont Forget to Buy the "Real-Books" when U Can Afford It. That Way We Are Supporting the Intellectual Work Of The Authors. I Suppose the Net Connection is faster and easier In China than In Indo so It'd be wiser for me to provide the link instead of sending U the Books Via Mail (net connection here is sooo Lame...) (Eh Waduh Warungnya Embah Kedatengan Warung Dr China, Aje Gile kekekekek) --- In obrolan-bandar@yahoogroups.com, "eternalbright85" <[EMAIL PROTECTED]> wrote: > > Hi. I'm really sorry if this topic is going off the road :) > If possible, would you tell me where can i find a download-able book > about macro economy please? Am a foreign student in China, hence need > a book about it. Thanks a lot before hand :) > As I often see you know a lot where to find a good book :) > > > > --- In obrolan-bandar@yahoogroups.com, "kang_ocoy_maen_saham" > <kang_ocoy_maen_saham@> wrote: > > > > Suggestion For Some Nice Further Reading Regarding the Topic, > > > > http://ebooks.ebookmall.com/ebook/174561-ebook.htm > > > > > > > > > > Nah Kalo Donlot Gratisnya > > > > > > > http://rs42.rapidshare.com/files/4345471/Gerald_A_Benjamin_- _Angel_Capital.pdf > > > > > > Cheers > > > > --- In obrolan-bandar@yahoogroups.com, Hanif Mantiq <hanif_mantiq@> > > wrote: > > > > > > *kalo market bearish, mungkin artikel dibawah ini bisa > > > menambah keyakinan untuk masuk ke market* > > > > > > How Angel Investors Get Their Wings > > > Backing entrepreneurs with good ideas can be a > > > moneymaker for these daring > > > investors who go where venture capitalists fear to > > > tread > > > > > > by Chris Farrell > > > BusinessWeek Magazine > > > > > > Not only can John Reid claim to have been visited by > > > angels, he is one. The > > > 61-year-old entrepreneur founded his Parkers Prairie > > > (Minn.) medical-device > > > company, AbbeyMoor Medical, in 1997 with seed money > > > from so-called angel > > > investors. Such people invest in promising startups > > > too young and raw to > > > attract the attention and money of professional > > > venture capitalists. Reid > > > has also helped fund several early-stage ventures, on > > > his own and with > > > fellow angels. > > > > > > The credit crunch and economic downturn have some > > > angels feeling skittish. > > > But others see opportunity: Studies show that the best > > > time to start a > > > business is when the economy is down. That's because > > > entrepreneurs with good > > > ideas will find cheaper land, labor, supplier > > > contracts, and other > > > ingredients that go into starting a business. Angels > > > that back such ventures > > > can earn impressive long-term returnsone study cites > > > a rate of return of > > > about 27%, on average, or 2.6 times the investment in > > > 3.5 years. The risks, > > > of course, are steep. Still, 258,200 angels pumped $26 > > > billion into 57,120 > > > ventures last year, according to the University of New > > > Hampshire's Center > > > for Venture Research. > > > > > > Any angel will tell you there's a significant learning > > > curve. But a big > > > transformation in angel investing is making it easier > > > to move up that curve: > > > the rise of more formal angel investing groups. It > > > wasn't all that long ago > > > that angels largely hooked up with entrepreneurs > > > through ad-hoc social > > > networks, friendships created over the years, perhaps > > > at the country club or > > > local philanthropic events. Since the latter part of > > > the 1990s there has > > > been a proliferation of more professionally organized > > > groupsusually with a > > > Web sitethat screen investments and pool money on a > > > local and regional > > > level. Estimates of the number of angel groups in the > > > U.S. and Canada go as > > > high as 275. The groups even have their own > > > trade-and-education association > > > in Washington, the Angel Capital Assn. > > > > > > While many angels are current or former entrepreneurs, > > > and that background > > > can prove invaluable, they also need to develop > > > investing skills. The > > > successful angel adheres to the same disciplines that > > > make for a good > > > investor, from Berkshire Hathaway's ("BRK-A") Warren > > > Buffett to Yale > > > University's David Swensen. Understand the risks. > > > Follow an intellectual > > > framework. Have a well-thought- out methodology for > > > buying and selling. Do > > > due diligence. Diversify. "Angel investing isn't easy, > > > and it's very high > > > risk," says Tony Stanco, executive director of both > > > the National Council of > > > Entrepreneurial Tech Transfer and of Angel Investors > > > of Greater Washington. > > > "But it's high reward." > > > > > > Experienced angels recommend that investors create a > > > diverse portfolio as a > > > buttress against inevitable failures. After all, these > > > are companies with > > > little cash flow and no operating history. Angel > > > groups funded, on average, > > > about seven companies in 2007. Only a small percentage > > > of an angel's capital > > > should be at riskno more than 10% of investable > > > wealth, counsels Susan > > > Preston, currently general partner of the California > > > Clean Energy Fund's > > > Angel Fund, a public investment fund that takes equity > > > stakes in alternative > > > energy ventures. Longtime angel Richard Holdren, a > > > Houston-based serial > > > entrepreneur who has founded or invested in over 26 > > > health-care startups, > > > adds that it's critical to keep emotions in check. > > > "You make money in angel > > > investing by killing off your losses early, as quickly > > > as possible," he > > > says. "The entrepreneur really believes that success > > > is just around the > > > corner, and you'll quickly go broke investing for > > > 'just-around- the-corner. '" > > > > > > Angels rightly tend to focus their efforts in the > > > industry they know. > > > Stanco, for example, was formerly an attorney at the > > > Securities & Exchange > > > Commission working with the software and computer > > > group. His investments are > > > concentrated in software. Reid is well-schooled in the > > > medical technology > > > business. > > > > > > But to get a wider range of perspectives and deals, > > > and to pool resources, > > > many angelsincluding Reid, who lives in a largely > > > agricultural community > > > with a population of 1,032join angel groups. > > > > > > THE "REAL DEAL" > > > Reid belongs to a group of 26 angels affiliated with a > > > larger umbrella > > > network, RAIN Source Capital, based in St. Paul, Minn. > > > RAIN organizes small > > > groups of angels in mainly Midwestern states into a > > > network of some 400 > > > members. That makes it easier to develop a deal flow, > > > pool money, and share > > > expertise. Angels living in Grand Rapids, Mankato, St. > > > Cloud, and similar > > > Minnesota towns have invested some $7 million in > > > Reid's company. "We get > > > prospects in front of the network to find the members > > > who will say: 'I used > > > to be in that business' and to tell us whether it's a > > > real deal," Reid says. > > > There could be a deal coming in Mankato, he says, that > > > "we never would have > > > seen without the RAIN network." > > > > > > The level of professionalism at angel groups is all > > > over the map. Some mimic > > > professional venture funds, a number have forged close > > > ties to universities, > > > and others are more like social clubs engaged in > > > for-profit philanthropy. A > > > common mantra among angels and angel groups is the > > > importance of due > > > diligence. That means pursuing questions like: What is > > > the market > > > opportunity, barriers to entry, and business model? > > > What's the company's > > > competitive edge? Is there an exit strategy? What is > > > the entrepreneur' s > > > background? "The biggest fallacy is that 98% of people > > > think if they have a > > > wonderful technology the business will take care of > > > itself," says Holdren. > > > "But the character of the entrepreneur is more > > > important than the > > > technology." > > > > > > What sort of return can an angel expect? There's that > > > rate of return of > > > about 27%, on average, a result reached by professor > > > Robert Wiltbank of > > > Willamette University and Warren Boeker of the > > > University of Washington in a > > > study of 539 angels from 86 groups in North America > > > from 1990 to 2007. The > > > return figure comes from 1,137 "exits" during this > > > time period through > > > mergers and acquisitions, initial public offerings, > > > bankruptcies, and shut > > > doors. > > > > > > Of course, averages can be a bit misleading. Remember, > > > on average Lake Erie > > > never freezes, and the stock market returns, on > > > average, some 11% a year. > > > With the return number for angel investing, keep in > > > mind that 7% of the > > > venture exits that the professors studied had returns > > > of 10 times investment > > > while 39% had a multiple of less than one times > > > investment. The Center for > > > Venture Research estimates that angels enjoyed a rate > > > of return in 2007 > > > between 20% and 40%. "Invest what you could lose > > > without changing your > > > lifestyle," advises Jeffrey Sohl, director of the > > > Center. Inevitably, part > > > of the reward will be psychic. But it's fun to > > > remember the outcome of a > > > $100,000 investment that Sun Microsystems co-founder > > > Andrew Bechtolsheim > > > made to two Stanford University graduate students. The > > > check allowed the > > > students to move out of dorm rooms and start marketing > > > their revolutionary > > > idea. The result: Google. > > > > > > Farrell is contributing economics editor for > > > BusinessWeek. You can also hear > > > him on American Public Media's nationally syndicated > > > finance program, > > > Marketplace Money, as well as on public radio's > > > business program > > > Marketplace. His Sound Money column appears on > > > BusinessWeek. com. > > > > > >
