{"product_id":"dice-have-no-memory-isbn-9780470640043","title":"Dice Have No Memory","description":"\u003cp\u003eRight now, Congress, the Fed, and the Treasury are all gambling with your future and your money. And it's contagious. Economies around the globe are suffering from the biggest multitrillion-dollar bets ever wagered on big governments and miraculous financial interventions in pretend \"free markets.\"\u003c\/p\u003e \u003cp\u003eOne man saw it all coming and told his readers well in advance of today's crisis. Bill Bonner reports on the true health and well-being of the world's largest economy to over half a million readers each day in \u003ci\u003eThe Daily Reckoning\u003c\/i\u003e. His newsletter is to the mainstream financial press what the Gnostic Gospels are to the King James Bible.\u003c\/p\u003e \u003cp\u003eBack in 2000, Bill Bonner sounded like a prophet crying in the wilderness. While everyone scrambled to purchase shares of the latest and hottest dot-com, Bill announced his Trade of the Decade: Sell dollars, buy gold. Back in 2000, you could get an ounce for around $264. Today, you could pay as much as $1,400 for that same ounce. Finally, some of Bonner's best pronouncements, predictions, and profitable analysis are collected in one place.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDice Have No Memory\u003c\/i\u003e gather's Bonner's richest insights from August 1999 through November 2010 to form a chronological narrative of economics in America.\u003cbr\u003e\u003cbr\u003eHere's a fraction of what you'll find inside:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eGold says \"I Told You So\"\u003c\/li\u003e \u003cli\u003eThree out of Four Economists Are Wrong\u003c\/li\u003e \u003cli\u003eImperial Overstretch Marks\u003c\/li\u003e \u003cli\u003eWhy Debt Does Matter\u003c\/li\u003e \u003cli\u003eEconomic Zombies Shuffle Towards Bankruptcy\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eBonner's \u003ci\u003eDice Have No Memory\u003c\/i\u003e offers elegies for economists, tips for investors, tirades against wasteful warfare past and present, and practical guides to modern finance with graceful prose, well-earned intelligence, and riotous irreverence. Bill Bonner's common sense genius rips the window dressing off modern finance - a world normally populated by misguided do-gooders, corrupt politicians, and big bankers empowered by dubious \"mathematical\" truths. The investing game is rigged, just like Monte Carlo.\u003c\/p\u003e \u003cp\u003eInstead of giving you magic formulas, this archcontrarian teaches you how to think clearly. And \u003ci\u003eDice Have No Memory\u003c\/i\u003e gives today's investor the next moves he should make ... before it's too late.\u003c\/p\u003e  Introduction.  \u003cp\u003e\u003cb\u003eChapter 1: The Incompetence of Economists.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFight The Fed?\u003c\/p\u003e \u003cp\u003e\u003ci\u003eMay 17, 2001.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe 17-Year Itch.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eAugust 30, 2001.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eFrom Funeral to Funeral.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNovember 21, 2003.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Whacky World of Modern Economists.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eOctober 08, 2004.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eDisappearing on the Pampas.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eOctober 31, 2008.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eInevitable and Disgraceful, But Still Unpredictable.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNovember 28, 2008.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eGonoism!\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDecember 05, 2008.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e100 Years of Mismanagement.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJanuary 8, 2010 - Baltimore, Maryland.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThree Out of Four Economists are Wrong.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJuly 30, 2010 - Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Patsy Revolt of 2010.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eMarch 12, 2010 - Mumbai, India.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eJunk Science.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNovember 15, 2010.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: The Maestro's Last Helipad - The Conspiracy of Greenspan and Bernanke.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGreenspan's Put Is Shot.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDecember 8, 2000.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eGod, Man, and Alan Greenspan.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJune 8, 2001 - Paris, France\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eHouses without Moats.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eSeptember 20, 2002.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCan Do Money.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eApril 25, 2003.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe World He Lives In.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eMay 2, 2003.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003ePoor House II - The miracle of No-Sweat Equity…\u003c\/p\u003e \u003cp\u003e\u003ci\u003eOctober 10, 2003 - Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eTake It Away, Maestro.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJanuary 26, 2006 - London, England.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIncredible Threat.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eAugust 6, 2010 - Ouzilly, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003ePlumbers Crack.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNovember 05, 2010 - Delray Beach, Florida.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: No Clairvoyants Need Apply.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMore Perfect Unions.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eApril 4, 2001.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eBad Bets.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJanuary 3, 2003.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eMisleading Knowledge, Part I.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNovember 24, 2006.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eLittle Big Bubbles.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDecember 01, 2006.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Best Kind of Wealth.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJune 11, 2007.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eOur NEW Trade of the Decade!\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJanuary 04, 2010 - Bethesda, Maryland.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Great Correction…Still Pending.\u003c\/p\u003e \u003cp\u003eApril 6, 2010 - Baltimore, Maryland.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: War and Waste.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAll Quiet on the Western Front.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNovember 11, 1999.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIn Praise Of Group Thinking.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eSeptember 25, 2000.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Dark Years.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eSeptember 12, 2001.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eTsar Of Arabie.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eOctober 29, 2001.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003ePearl Harbor.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDecember 07, 2001.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eToo Big to Succeed.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eMarch 21, 2002 — Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eImperial Over-Stretch Marks.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eMarch 05, 2004.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Stain of Democracy.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFebruary 04, 2005 — Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Good War.\u003c\/p\u003e \u003cp\u003eJanuary 30, 2009 - London, England.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Borrowing Against the American Dream.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHonor Insolvency.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eOctober 1, 2001.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003ePlaying the Game.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDecember 27, 2001.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eEven More Unexplanatory.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJune 07, 2002 — Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eLand of the Free.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJuly 04, 2003.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eFantasies.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDecember 19, 2003 — Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eLost in Space.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJanuary 23, 2004.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eHoorah for Capitalism!\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFebruary 27, 2009 San Jose de los Perros, Nicaragua.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eReady for the Shovels.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFebruary 20, 2009 - San Jose de los Perros, Nicaragua.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e“Aughts” Ruined by Wall Street.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJanuary 4, 2010 - Bethesda, Maryland.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eUS Economy in a Self-Made Vise.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJune 16, 2010 - Delray Beach, Florida.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eWhy Debt Does Matter.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJuly 06, 2010 - Baltimore, Maryland.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: The Zombie State: When Goverment Fails.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWealth, Poverty, and Blithering Idiots.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eSeptember 9, 2005.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIn Gono We Trust: U.S. Inflation on its Zimbabwe Up.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFebruary 3, 2009 London, England.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eWelcome to Zombieland.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eOctober 5, 2009 - London, England.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eWhen Zombies Attack.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJuly 03, 2009 - London, England.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCentral Planning and the Parasites It Creates.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFebruary 24, 2010 - Baltimore, Maryland.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eGovernment Growth Does Not Equal Economic Growth.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFebruary 24, 2010 - Baltimore, Maryland.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Zombie Economy.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eMarch 1, 2010 - New York, New York.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eZombieland.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eMarch 5, 2010 - Baltimore, Maryland.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eEconomic Zombies Shuffle Toward Bankruptcy.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eMarch 23, 10 - Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eTony Hayward Before Congress: No Sympathy for the Oil Man.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJune 21, 2010 - Baltimore, Maryland.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Back it with Bullion.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Dow in Gold Terms…where to from here…\u003c\/p\u003e \u003cp\u003e\u003ci\u003eAugust 6, 1999.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eUnder The Big Top, Part Deux.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJuly 19, 2000 - Baltimore, Maryland.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Revenge of Gold.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eApril 19, 2002 - London, England.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eA Goldbug's Life.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDecember 2004.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eFaith in Faith.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJune 16, 2006 - London, England.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eGold Says 'I Told You So'.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJanuary 17, 2008.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eA Look Forward at the Final Stage of the Gold Bull Market.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNovember 9, 2010 - Baltimore, Maryland.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: The Gaucho's Guide to Investing In Argentina.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEarth's Bright Side.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eSeptember 27, 2002.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Gaucho's Union.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eApril 26, 2006.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eHot Water.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eApril 21, 2007 - Gaulfin, Argentina.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eSowing the Wind, We Reap the Whirlwind.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eApril 11, 2008 - Buenos Aires, Argentina.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Happiest Day in a Man's Life.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eApril 23, 2010 - Hualfin, Argentina.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: The Expatriate's Experiment Abroad.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Accidental Investor.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFebruary 19, 2001 - Ouzilly, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003ePlanting Trees.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eAugust 27, 2001.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Episcopalian's Guide to Airport Security.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJune 03, 2002 — Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eReformation.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eMay 13, 2002 - Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAll Saints' Day.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eOctober 31, 2003 — France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Money Pit.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJanuary 14, 2005 — Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eExiles Eternal.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJuly 7, 2006.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: The One Appointment We Must All Keep.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMomento Mori.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eJanuary 26, 2000 – Paris, France.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThom Hickling, R.I.P..\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDecember 28, 2005 – Rancho San Jose de los Perros, Nicaragua.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eRequiem for an Economist.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eSeptember 12, 2007.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eFrank Laarman, R.I.P.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDecember 1, 2009.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eRemembrance of Fanny.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eSeptember 8, 2010.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eLife Goes On.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eApril 23, 2010 - Gualfin, Argentina.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAcknowledgments.\u003c\/p\u003e \u003cp\u003eAbout the Author.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e \u003cb\u003eWilliam Bonner\u003c\/b\u003e is President and CEO of Agora Publishing, one of the world’s largest financial newsletter companies. He is the creator of \u003ci\u003eThe Daily Reckoning\u003c\/i\u003e, a financial newsletter with more than 540,760 readers of six different global daily editions, including French and German. Bonner coauthored with Addison Wiggin the international bestsellers \u003ci\u003eFinancial Reckoning Day\u003c\/i\u003e and \u003ci\u003eEmpire of Debt\u003c\/i\u003e and coauthored his third \u003ci\u003eNew York Times\u003c\/i\u003e bestselling book, \u003ci\u003eMobs, Messiahs, and Markets\u003c\/i\u003e. He files his DR dispatches from a ranch in Argentina, the home office in Maryland, various joint ventures, and other hot spots around the globe.  \u003cp\u003eRight now, Congress, the Fed, and the Treasury are all gambling with your future and you money. And it's contagious. Economies around the globe are suffering from the biggest multitrillion-dollar bets ever wagered on big governments and miraculous financial interventions in pretend \"free markets.\"\u003c\/p\u003e \u003cp\u003eOne man saw it all coming and told his readers well in advance of today's crisis. Bill Bonner reports on the true health and well-being of the world's largest economy to over half a million readers each day in \u003ci\u003eThe Daily Reckoning\u003c\/i\u003e. His newsletter is to the mainstream financial press what the Gnostic Gospels are to the King James Bible.\u003c\/p\u003e \u003cp\u003eBack in 2000, Bill Bonner sounded like a prophet crying in the wilderness. While everyone scrambled to purchase shares of the latest and hottest dot-com, Bill announced his Trade of the Decade: Sell dollars, buy gold. Back in 2000, you could get an ounce for around $264. Today, you could pay as much as $1,400 for that same ounce. Finally, some of Bonner's best pronouncements, predictions, and profitable analysis are collected in one place.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eDice Have No Memory\u003c\/i\u003e gathers Bonner's richest insights from August 1999 through November 2010 to form a chronological narrative of economics in America.\u003c\/p\u003e \u003cp\u003eHere's a fraction of what you'll find inside:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eGold Says \"I Told You So\"\u003c\/li\u003e \u003cli\u003eThree out of Four Economists Are Wrong\u003c\/li\u003e \u003cli\u003eImperial Overstretch Marks\u003c\/li\u003e \u003cli\u003eWhy Debt Does Matter\u003c\/li\u003e \u003cli\u003eEconomic Zombies Shuffle Toward Bankruptcy\u003c\/li\u003e \u003cli\u003eThe Episcopalian's Guide to Airport Security\u003c\/li\u003e \u003cli\u003eThe Gaucho's Guide to Investing in Argentina\u003c\/li\u003e \u003cli\u003eAnd much more!\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eBonner's \u003ci\u003eDice Have No Memory\u003c\/i\u003e offers elegies for economists, tips for investors, tirades against wasteful warfare past and present, and practical guides to modern finance with graceful prose, well-eared intelligence, and riotous irreverence. Bill Bonner’s common sense genius rips the window dressing off modern finance – a world normally populated by misguided do-gooders, corrupt politicians, and big bankers empowered by dubious \"mathematical\" truths. The investing game is often rigged, just like Monte Carlo.\u003c\/p\u003e \u003cp\u003eInstead of giving you magic formulas, this archcontrarian teaches you how to think clearly. And \u003ci\u003eDice Have No Memory\u003c\/i\u003e gives today's investor the next moves he should make ... before it's too late.\u003c\/p\u003e \u003cp\u003eDice \u003cb\u003eHave No Memory\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eBig Bets\u003c\/b\u003e \u0026amp; Bad Economics from Paris to the Pampas\u003c\/p\u003e \u003cp\u003eA decade in financial market chaos as seen through the eyes of \u003ci\u003eThe Daily Reckoning'\u003c\/i\u003es Bill Bonner\u003c\/p\u003e \u003cp\u003e\"Bill Bonner is truly one of the best financial writers of out day.\"\u003cbr\u003e—Morgan Housel, \u003ci\u003eThe Motley Fool\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"Back in 2000, Bill Bonner announced his trade of the decade. It was a simple one: Sell dollars, by gold…. At the time, Bonner saw what most others did not. He saw the U.S. not as an economy carefully and cleverly managed by then Federal Reserve chairman Alan Greenspan and his passion for low interest rates, but as a massive credit bubble waiting to burst…. Bonner had a good decade, making returns of 400%-plus. The question now is will he have another one? I suspect he might.\"\u003cbr\u003e—\u003cb\u003eMerryn Somerset Webb, \u003ci\u003eFinancial Times,\u003c\/i\u003e (Dec. 11:2009)\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"For better or for worse, my entire education in economics comes via Bill Bonner.\"\u003cbr\u003e—\u003cb\u003eJenna O., World News Desk, Collapsenet.com, World Trade Center Environmental Organization\u003c\/b\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989059584229,"sku":"NP9780470640043","price":29.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470640043.jpg?v=1761782625","url":"https:\/\/k12savings.com\/products\/dice-have-no-memory-isbn-9780470640043","provider":"K12savings","version":"1.0","type":"link"}