Tiger Woman On Wall Street Winning Business Strategies From Shanghai To New York And Back

"For investors who are feeling tipsy at 'The Red Party,' Tiger Woman on Wall Street is a much-needed sobering up." --Forbes.com Junheng Li was the perfect Chinese tiger daughter, but from childhood on, she dreamed about America and working on Wall Street. Born in Shanghai, the commercial and financial center of mainland China, Li was brought up in an environment that would raise most Westerners' eyebrows. Her demanding father drilled her on her multiplication tables when she was three, and in school she was forced to memorize facts and regurgitate them perfectly on tests. Success at all costs was the mantra. When she arrived at Middlebury College in Vermont after studying round the clock for months to learn the English language, she entered a completely different world, where values and morality were taught, individualism reigned, and analytical thinking was encouraged. Tiger Woman on Wall Street is both the remarkable, dramatic story of one woman's rise in the global business world and a savvy guide to finance and investing. With unflinching candor, Junheng Li tells how a brainy, focused, highly driven Chinese girl who admired Scarlett O'Hara's indomitable spirit drew on the best of both worlds to go where few women have gone before: straight to the top of the financial industry. Tiger Woman on Wall Street takes you behind the scenes of the world's most important financial markets, from the daily routine of trading to high-level meetings with executives, policy makers, and analysts. Li conveys in fascinating and revealing detail how she arrives at her investing decisions--a powerful combination of keen intuition, meticulous due diligence, and razor-sharp analysis. Li argues that the current Chinese business growth model has hit a wall and shows why investors need to keep both eyes firmly open when investing--especially in China. By reading this book, you will learn how one of today's most successful China analysts smells a questionable investment a mile away, predicts industry trends, forecasts stock price movements, and develops investment ideas--both long and short--using techniques ranging from scrutinizing data to posing as an average customer in order to examine firsthand a company's latest product. You will also meet colorful characters such as Knucklehedgie, an American hedge fund manager who invests in Chinese companies based on brokers' bragging, and a Chinese executive who takes conference calls with investors while at nightclubs and who made his fortune by selling fraudulent Chinese companies to global investors. Striking a rare balance between page-turning storytelling and practical investing guide, Tiger Woman on Wall Street shows how one woman has navigated her way through and thrived in this increasingly complicated and exciting period in modern financial history. Praise for Tiger Woman on Wall Street "Junheng Li is one of the most astute market analysts I have met in my long career. Her healthy skepticism of China's inevitable rise to economic and market supremacy is refreshing, and her razor-sharp analysis of Chinese equities is as compelling as the story of her own journey from the streets of Shanghai to Wall Street." -- Ron Insana, CNBC contributor "For investors who are feeling tipsy at 'The Red Party,' Tiger Woman on Wall Street is a much-needed sobering up. For those new to the country, this book is China 101, covering not only the business but also the social and political landscape. Li’s simple, explanatory language makes the book an easy read even for those without an investing background." -- Forbes.com "Tiger Woman on Wall Street is a fascinating read on a subject that couldn't be more timely. A must-read for Western (and Chinese) investors and businesspeople interested in China." -- Jim Chanos, President/Founder, Kynikos Associates "We can all learn a lot about finance and investing from Tiger Woman on Wall Street. Through brains, honesty, and grit, Li has thrived on Wall Street by applying the investigative and analytical skills she learned in China, and this terrific book shows how she did it." -- Karen Finerman, Cofounder and President of Metropolitan Capital Advisers and author of Finerman's Rules "While alpha males have long dominated Wall Street, now comes a Tiger Woman who may very well eat their lunch in the ultracompetitive world of stock market research. This book tells her extraordinary story and many of her investing secrets." -- Minggao Shen, Chief Economist for Greater China, Citigroup "A profound exploration of the heart and mind of modern-day China. With passionate and penetrating prose, Junheng Li expertly uses her remarkable personal story to illuminate the complexities of China's great economic opportunities--and even greater risks." -- Deborah Davis, bestselling author of Strapless, Gilded, and Party of the Century "There is no question that Junheng Li is an incisive analyst with a unique perspective on some of the defining international and market issues of our times. Tiger Woman on Wall Street demonstrates this in every chapter. But what is especially remarkable is how she uses her own compelling personal story to both add a human dimension to those issues that brings them to life and adds credence to her reliably sound market insights. She is allergic to hype and superficiality. Her own experiences explain why, and serve to offer refreshingly fact-based and granular perspectives on the sweeping, inspiring, and often misleading stories and myths surrounding China's rapid ascent." -- David Rothkopf, CEO and editor-at-large, Foreign Policy magazine; author of Superclass and Power, Inc. "This very readable book adds a lot of color to what has been a widely misunderstood process in China. By telling her story as an investor, Junheng Li shows in concrete detail how the financial system in China is currently structured in such a way that capital misallocation is not only possible, but indeed is highly likely. Through her own story, Li also shows that under the right conditions, the Chinese people have the courage and determination to take their country to great heights.”" -- Michael Pettis, Professor of Finance, Guanghua School of Management, Peking University, Beijing" “Anyone considering doing business with China or investing with Chinese companies may find Li’s book to have relevant insight into the business culture of China.” -- Booklist

FREE Finance eSampler Our FREE Finance eSampler features a chapter from three of our top investing books—each written by a renowned expert in his or her field of expertise. Learn the very best approaches in the Eurozone, Chinese market, and Wall Street. The Fall of the Euro How does the Eurozone crisis affect your portfolio? “Essential reading for market players, investors, and prognosticators of the future of the Eurozone.” —Richard Clarida, C. Lowell Harriss Professor of Economics and International Affairs, Columbia University, and Global Strategic Advisor, PIMCO From Jens Nordvig, named the #1 currency strategist in the 2013 Institutional Investor survey, comes a riveting analysis of one of the most important currencies in the world—and certainly the most unstable of the major currencies. The Fall of the Euro covers everything from the problematic origins of the Euro to “what-if” scenarios of Eurozone breakup possibilities—with insights that will surprise you. Jens Nordvig is the managing Director, head of fixed income research, Americas and global head of currency strategy at Nomura, the global investment bank. Previously, Nordvig worked as a currency strategist for investment management firm Bridgewater Associates, the largest hedge fund in the world. Nordvig was ranked the #1 currency strategist by Institutional Investor in 2011, 2012, and 2013. Tiger Woman on Wall Street Powerful methods for global investing from a dual expert on Chinese and U.S. markets “Junheng Li’s razor-sharp analysis of Chinese equities is as compelling as the story of her own journey from the streets of Shanghai to Wall Street.” —Ron Insana, CNBC contributor Tiger Woman on Wall Street is both the remarkable story of one woman’s rise in the global business world and a savvy guide to finance and investing. With unflinching candor, Junheng Li tells how a brainy, highly driven young woman from China moved to the U.S.—and drew on the best of both worlds to go where few women have gone before: straight to the top of the financial industry. Junheng Li received an MBA from Columbia Business School and a BA in Economics from Middlebury College. She runs JL Warren Capital, a China focused equity research firm based in New York. Winning the Loser's Game The classic guide to winning on Wall Street—updated and expanded “The best book about investing? The answer is simple: Winning the Loser’s Game.” —F. William McNabb III, Chief Executive Officer and President, Vanguard Applying wisdom gained from half a century of advising many of the leading investment managers and securities firms around the world, Charles Ellis explains how you can avoid common traps and get on the road to investment success. With fully updated facts, charts, and figures, this updated edition is packed with all new material on U.S. government bonds, Active management, the investment management industry, and behavioral economics. Charles D. Ellis, dubbed “Wall Street’s Wisest Man” by Money Magazine served for 28 years as managing partner for Greenwich Associates, the global leader in strategy consulting to professional financial service firms. He is the author of 16 books and has taught at the Harvard Business School and the Yale School of Management.

Financial collapses—whether of the junk bond market, the Internet bubble, or the highly leveraged housing market—are often explained as the inevitable result of market cycles: What goes up must come down. In Liquidated, Karen Ho punctures the aura of the abstract, all-powerful market to show how financial markets, and particularly booms and busts, are constructed. Through an in-depth investigation into the everyday experiences and ideologies of Wall Street investment bankers, Ho describes how a financially dominant but highly unstable market system is understood, justified, and produced through the restructuring of corporations and the larger economy. Ho, who worked at an investment bank herself, argues that bankers’ approaches to financial markets and corporate America are inseparable from the structures and strategies of their workplaces. Her ethnographic analysis of those workplaces is filled with the voices of stressed first-year associates, overworked and alienated analysts, undergraduates eager to be hired, and seasoned managing directors. Recruited from elite universities as “the best and the brightest,” investment bankers are socialized into a world of high risk and high reward. They are paid handsomely, with the understanding that they may be let go at any time. Their workplace culture and networks of privilege create the perception that job insecurity builds character, and employee liquidity results in smart, efficient business. Based on this culture of liquidity and compensation practices tied to profligate deal-making, Wall Street investment bankers reshape corporate America in their own image. Their mission is the creation of shareholder value, but Ho demonstrates that their practices and assumptions often produce crises instead. By connecting the values and actions of investment bankers to the construction of markets and the restructuring of U.S. corporations, Liquidated reveals the particular culture of Wall Street often obscured by triumphalist readings of capitalist globalization.

"In vivid detail... examines the little-known history of two extraordinary dynasties."--The Boston Globe "Not just a brilliant, well-researched, and highly readable book about China's past, it also reveals the contingencies and ironic twists of fate in China's modern history."--LA Review of Books An epic, multigenerational story of two rival dynasties who flourished in Shanghai and Hong Kong as twentieth-century China surged into the modern era, from the Pulitzer Prize-winning journalist The Sassoons and the Kadoories stood astride Chinese business and politics for more than one hundred seventy-five years, profiting from the Opium Wars; surviving Japanese occupation; courting Chiang Kai-shek; and nearly losing everything as the Communists swept into power. Jonathan Kaufman tells the remarkable history of how these families ignited an economic boom and opened China to the world, but remained blind to the country's deep inequality and to the political turmoil on their doorsteps. In a story stretching from Baghdad to Hong Kong to Shanghai to London, Kaufman enters the lives and minds of these ambitious men and women to forge a tale of opium smuggling, family rivalry, political intrigue, and survival.

Dancer, singer, gang member, cocaine addict and sometime confectionist, Betty Mays autobiography Tiger Woman thrilled and appalled the public when her story first appeared at the end of the roaring twenties. I have often lived only for pleasure and excitement but you will see that I came to it by unexpected ways Born into abject squalor in Londons Limehouse area, May used her steely-eyed, striking looks and street nous to become an unlikely bohemian celebrity sensation, a fixture at the Café Royal, London, marrying four times along the way alongside numerous affairs. I wondered why men would not leave me alone. They were alright at first when they offered to show one life, and then at once they became a nuisance She elbowed her way to the top of Londons social scene in a series of outrageous and dramatic fights, flights, marriages and misadventures that also took her to France, Italy, Canada and the USA. I learnt one thing on my honeymoon to take drugs Her most fateful adversary was occultist and self-proclaimed Great Beast Aleister Crowley, who intended her to be a sacrificial victim of his Thelemite cult in Sicily, but it was her husband Oxford undergraduate Raoul Loveday who died, after conducting a blood sacrifice ritual. Betty Mays vitality and ferocious charisma enchanted numerous artistic figures including Jacob Epstein and Jacob Kramer. A heroine like no other, this is her incredible story in her own words, as fresh and extraordinary as the day it was first told.

A lot of people wonder how Chinese parents raise such stereotypically successful kids. They wonder what Chinese parents do to produce so many math whizzes and music prodigies, what it's like inside the family, and whether they could do it too. Well, I can tell them, because I've done it... Amy Chua's daughters, Sophia and Louisa (Lulu) were polite, interesting and helpful, they had perfect school marks and exceptional musical abilities. The Chinese-parenting model certainly seemed to produce results. But what happens when you do not tolerate disobedience and are confronted by a screaming child who would sooner freeze outside in the cold than be forced to play the piano? Battle Hymn of the Tiger Mother is a story about a mother, two daughters, and two dogs. It was supposed to be a story of how Chinese parents are better at raising kids than Western ones. But instead, it's about a bitter clash of cultures, a fleeting taste of glory, and how you can be humbled by a thirteen-year-old. Witty, entertaining and provocative, this is a unique and important book that will transform your perspective of parenting forever.

The most widely respected CEO in America looks back on his brilliant career at General Electric and reveals his personal business philosophy and unique managerial style. Nearly 20 years ago, former General Electric CEO Reg Jones walked into Jack Welch's office and wrapped him in a bear hug. "Congratulations, Mr. Chairman," said Reg. It was a defining moment for American business. So begins the story of a self-made man and a self-described rebel who thrived in one of the most volatile and economically robust eras in U.S. history, while managing to maintain a unique leadership style. In what is the most anticipated book on business management for our time, Jack Welch surveys the landscape of his career running one of the world's largest and most successful corporations.

While Americans are generally aware of China's ambitions as a global economic and military superpower, few understand just how deeply and assertively that country has already sought to influence American society. As the authors of this volume write, it is time for a wake-up call. In documenting the extent of Beijing's expanding influence operations inside the United States, they aim to raise awareness of China's efforts to penetrate and sway a range of American institutions: state and local governments, academic institutions, think tanks, media, and businesses. And they highlight other aspects of the propagandistic “discourse war” waged by the Chinese government and Communist Party leaders that are less expected and more alarming, such as their view of Chinese Americans as members of a worldwide Chinese diaspora that owes undefined allegiance to the so-called Motherland.Featuring ideas and policy proposals from leading China specialists, China's Influence and American Interests argues that a successful future relationship requires a rebalancing toward greater transparency, reciprocity, and fairness. Throughout, the authors also strongly state the importance of avoiding casting aspersions on Chinese and on Chinese Americans, who constitute a vital portion of American society. But if the United States is to fare well in this increasingly adversarial relationship with China, Americans must have a far better sense of that country's ambitions and methods than they do now.

To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.

"What corporations fear most are consumers who ask questions. Naomi Klein offers us the arguments with which to take on the superbrands." Billy Bragg from the bookjacket.