Financial Clarity: A Guide to Real Estate Accounting for Agents and Investors

At a broad level, bookkeeping is the systematic process of recording, organizing, and maintaining financial transactions. It’s the essential process that keeps accounting and financial forecasting accurate and helpful. Without reliable bookkeeping, agents are forced to make business decisions in the dark, often with undesirable results. Bank reconciliation is one of the most important steps…

A Man for All Markets by Edward O Thorp: 9780812979909

The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street. Thorp popularized the Kelly Criterion for optimal bet sizing in both gambling and investing. This mathematical formula helps determine the ideal…