Clawing my way back
I’ve got a piece posted on The Daily Beast about an investment scheme I recommend only if you’re not playing Rotisserie Baseball this season: http://www.thedailybeast.com/blogs-and-stories/2009-04-09/return-of-the-day-trader
I’ve got a piece posted on The Daily Beast about an investment scheme I recommend only if you’re not playing Rotisserie Baseball this season: http://www.thedailybeast.com/blogs-and-stories/2009-04-09/return-of-the-day-trader
The Daily Beast asked me to do a short update on the spending scene: http://www.thedailybeast.com/blogs-and-stories/2009-02-27/haggling-through-the-apocalypse/full/
I’ve got a piece coming out in the next (March) issue of Conde Nast Portfolio. It revisits the Number in light of recent events.
Just a note to say that I’m putting finishing touches on my next book, to be published this fall. It’s a journey through the brave heart, bizarre mind, and undying spirit of American consumers — in good times and bad. The title is Shoptimism, and I’ve just launched a blog built around some of the themes I’ll explore in the book. Please check it out when you have a chance.
Given that it’s a slow news day — Rosie O’Donnell has declared she has no more to say about Donald Trump — I thought I’d take advantage of the silence and send you an overdue update on things Number-wise. The trade paperback edition came out just last week and seems to be doing well — it’ll turn up on the NY Times extended bestseller list as of January 21, just four notches below In Cold Blood, which has been out for over 40 years. The Number should live so long. I’m also pleased to report that Business Week selected The Number as one of the best “career” books of 2006. As far as world news is concerned, the Turkish edition of the book (announced here previously) will be published next month, joining other international editions in Taiwan and Korea, a geocultural pattern — the Axis of Enlightenment? — that defies easy explanation. Otherwise, I’m dividing my time between research on a new project — details a closely held secret, even from me — and giving updated presentations built around new reporting on The Number. Thanks to many of you for staying in touch — and, most importantly, warm New Year wishes to everyone out there.
Just returned from the Financial Planning Association’s annual conference, where I delivered a keynote presentation to some 3000 financial advisers. They were welcoming and warm, though understandably unsettled by the surroundings — namely, the Opryland Hotel in Nashville, surreal details of which I’ll try to provide in a later post.
Anyway, the talk seemed to go over well, but just as rewarding were the hallway interactions with so many people – from U.S., Korea, the Netherlands, and many other nations — who are determined to bring greater integrity and professionalism to the widely befogged world of financial advising.
Many folks commented on the book and told me that they were giving it to friends, family and clients, hoping to stir up some new insights or, perhaps, nudge them into action. With the holidays right around the corner, someone also inquired about whether it is possible to send signed copies as gifts, and the answer is yes, but it requires some prompt action. I’m told that the supply of in-stock, inscribed copies is limited.
To place an order for signed copies, please contact 800CEORead, a link to which is at the bottom of the Buy page on this site. These personally signed editions are available at a discount, as follows: 0-24 copies 20% off list $20.80 each 25-99 copies 30% off list $18.20 each 100+ copies 35% off list $16.90 each
Given the time crunch between now and the holidays, it might be good idea to call Meg at 800-236-7323 (ext. 206) just to confirm that indeed she’ll be sending you copies from the signed pile.
Gratifying news today: I was delighted to hear that THE NUMBER has been named one of five finalists in the best Business book category for the 2006 Quill Book Awards. The winners, which are selected by popular vote underway now through September 30, will be announced at a ceremony to be held in New York City on October 10, then broadcasted on NBC on October 28. Last year’s Business winner was Freakonomics.
I’m pleased to report that THE NUMBER is on an international roll. Most recently, global publishers abroad have contracted to bring out foreign-language editions in Korea, Taiwan, and Turkey. Also on the calendar is a September talk I’ll be giving in Hong Kong. The event is the 2006 CLSA Investors Forum, which annually brings together several hundred CEOs worldwide. This year’s featured speakers also include Alan Greenspan and Al Gore. From Hong Kong, it’s back to the States for several planned talks, notably the Financial Planning Association’s annual meeting in October. All that’s to the good. The challenge is to get through it all without shaving cream, deodorant, and toothpaste.

Sally Hass was one of the more memorable and inspiring characters I met while researching THE NUMBER. Sally, you’ll recall, was the indomitable education manager at the Weyerhaeuser Company (Chapter 7, “The Forest for the Trees”), the leader of the company-sponsored, pre-retirement workshop I attended a couple of years ago. At the end of that chapter, Sally reflected on plans for the twilight of her own career, no small detail of which was the 120,000 pound, steel-hulled, full-displacement trawler she and the man in her life – lately arrived – were building by hand. The other day, Sally sent an update on where things stood.
“The pre-retirement planning seminars continue to be a smash hit,” Sally wrote in her note. “Unfortunately, Weyerhaeuser, like other large manufacturing companies, is currently involved in some downsizing and restructuring. For me, this means working with employees who are losing their jobs. As far as many of them are concerned, this is devastating due to a lack of readiness for an early, or unplanned, retirement. The message is clear — none of us knows the hand we might be dealt. Thoughtful and early planning, monitored regularly, is the only answer.”
Then, on a happier note, Sally proudly announced that she and Dan, now engaged, had just the other day launched their beloved Spirit of Balto, whose baby picture I’m pleased to share here. “We plan to sell the big house and move aboard soon,” she said. “And who knows…wedding bells may not be too far off. Let the adventure begin!”
I wanted to pass along word that the Financial Planning Association has asked me to give a general session talk at its 2006 conference, to be held this coming October. The meeting, one of the most prominent on the industry’s annual calendar, draws several thousand attendees from throughout the financial planning universe. The subject of the talk will be an outside-in view of how people like you and me – i.e. clients or prospective ones – view the standards and practices of the planning profession: What do we most need or want from an adviser? What are the biggest civilian concerns about the business? How can a financial adviser best serve our interests? What don’t we like, or understand? I intend to do a good deal of original research and reporting in connection with this talk, and I thought I’d start with you. Please drop me a line with any thoughts, questions, or suggestions you think ought to be brought to the attention of the assembled crowd. You can email me at LeeEisenberg@TheNumberBook.com. Thanks!