What Big Picture Visitors are Reading

Here are what readers of The Big Picture bought from Amazon in November:

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November_07_books_2

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Starting from the 12 o’clock position above, if you work your way clockwise, :

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Inside the Investor’s Brain 21%
The Panic of 1907 16%
Stock Market Wizards 13%
Military Power 12%
A Demon of Our Own Design 9%
The Complete TurtleTrader 6%
More Than You Know 5%
The Black Swan 4%
Born Standing Up 3%
Financial Armageddon 3%
Money Game 3%
Musicophilia 3%

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What's been said:

Discussions found on the web:
  1. The Financial Philosopher commented on Dec 6

    Bypass the business and personal finance section and go directly to philosophy… Then you may formulate your own “wise thoughts” rather than simply following the paths of others…

    “Do not seek to follow in the footsteps of the wise. Seek what they sought.” ~ Basho

    “All truly wise thoughts have been thought already thousands of times; but to make them truly ours, we must think them over again honestly, till they take root in our personal experience.” — von Goethe

  2. Bruce commented on Dec 6

    How was the data collected?

    Is this your affiliate sales breakdown? It might be more informative to have a bit of description in the title or post.

  3. odograph commented on Dec 6

    Huh. I flush cookies fairly often, but I wonder how often the trackers reacquire me (by IP or google login).

    But FWIW, of these I have read The Black Swan

  4. wunsacon commented on Dec 6

    Looks like my purchase of “Why the Real Estate Boom Will Not Bust” by David Lereah didn’t move the needle.

  5. Barry Ritholtz commented on Dec 7

    The only data I have access to (or even want) is the Amazon Associate purchase data.

    It would be quite frightening if once you visited a web site, it could track everything else you did/bought/downloaded on the web!

  6. justin commented on Dec 7

    Yea, I’d hate for you to know about my subsciption to Penthouse! lol

  7. ellis commented on Dec 7

    Yes, how did you collect the data? I would like to see a recurring poll on yoir HP that breaks down TBP readship by profession.

  8. harlynman commented on Dec 7

    The American Securitization Forum wrote the rate freeze presented to the public by the President and the Treasury Secretary.
    It can be found it at americansecuritization.com

    The framework allows servicers to modify loans without borrower signatures.

    Source: American Securitization Forum, Streamlined Foreclosure and Loss Avoidance Framework for Securitized Subprime Adjustable Rate Mortgage Loans, Executive Summary, December 6, 2007, page 13, third paragraph from bottom of page

    According to the American Securitization Forum’s Framework for the rate freeze, borrowers will not have to document current income to be eligible for refinancing, even if they received initial loans with embellished incomes

    Source: American Securitization Forum, Streamlined Foreclosure and Loss Avoidance Framework for Securitized Subprime Adjustable Rate Mortgage Loans, Executive Summary, December 6, 2007, page 3, FICO test

    Counseling and modification expenses are to be charged to securitized trust cash flows, so service providers, like Countrywide, which has a representative on the board of the American Securitization Forum, will profit from the process.

    Source: American Securitization Forum, Streamlined Foreclosure and Loss Avoidance Framework for Securitized Subprime Adjustable Rate Mortgage Loans, Executive Summary, December 6, 2007, page 7, first full paragraph

    Appraised value for modifications are based on the date of origination, even if the current value is much less.
    Source: American Securitization Forum, Streamlined Foreclosure and Loss Avoidance Framework for Securitized Subprime Adjustable Rate Mortgage Loans, Executive Summary, December 6, 2007, page 2, second bullet

    Some of the firms that may profit from the rate freeze are members of the industry group that authored the plan.

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