He speaks to the common investor... and some information on why the small retail investor can actually outperform the big money managers over time. If you have the time and inclination to select your own stocks (if you don't, you should put money into a very low cost index fund or index ETF), then this book will be worth your time to listen to.
This is a collection of articles from various authors writing about investing. The book covers a good variety of topics. While this is not a beginner's guide to investing, it has information of value for anyone interested in commentary on various investment topics.
I love this book... I have listened to it a few times already, and will again. In a rather quick listen, you get a good introductory biography of Ben Graham and Warren Buffett... and then a discussion of Value and Growth investing. I highly recommend this one...:)
This book consists of three excellent bios on some of the greats in the finance world. It consists of George Soros, Warren Buffett, and Paul Volker. The first two focus upon investing, and the third on government policies that impact the financial world.
The book then concludes with a discussion of economics and the role economists play in public policy... this is where the author falls short. While his central thesis is valid (economics, like any discipline that attempts to measure or predict the human mind or behavior, should not rely upon mathematical models... such models are inherently flawed), he mis-characterizes the ideas of Keynes. Mr. Keynes, while being an accomplished mathematician himself, would argue against reliance on precise mathematical models in the application of economic policy. Keynes argued that government stimulus of aggregate demand could be done (tax cuts and spending increases... incidentally, not only the policies that got America out of the Great Depression, but also used to spur and create the 'Age of Prosperity' in the post WW2 to the early 1970s, and forming much of the cornerstone of the economic policies of Ronald Reagan, who also cut taxes and increased spending)... but then when the economy is growing, we should raise taxes back and cut bac on government spending to pay back the accumulated national debt and help bring down aggregate demand to reduce inflationary pressure. This two step approach was not often done... as our government is far quicker to do the tax cuts and increased spending, and slow to raise taxes and cut spending (it was done under the Clinton Administration to great effect).
The unfair presentation of Keynes aside (blaming him for policies that were merely claimed by politicians to be "Keynesian" but in fact were only one half of the prescription), this is an excellent book for its coverage of these three greats.
While Dale Carnegie's work is certainly applicable today, I like how this book updates it and demonstrates how the principles still apply. This is certainly not merely a retelling or updating of the Carnegie book, but rather further demonstration how those basic principles continue to work.
The author does an excellent job of using specific examples to help illustrate the lessons. The listener is given both the theoretical (for more abstract thinkers), and specific examples to help others relate and understand. Very informative, and exceptionally well organized.
Possibly... I liked that it shows some things from the book that were not in the movie, but there were times when some of the characterizations (particularly Vader) that it seemed a bit awkward. I did like the book, but for the story and not based upon it being an audio drama of the movie.
Insightful, understandable, clear
The examination about the past to draw some conclusions about the future and the writer's ability to explain things so clearly so that anyone can understand
The material is presented in a very well organized manner and uses the basic psychology from Dale Carnegie's other material and applies it to public speaking.
"How to make friends and influence people," another book from Dale Carnegie. Each of these books take basic psychological principles and applies it to communicating and interacting with people in an effective manner.
One of the courses I teach at the university is public speaking. This audio course provides an excellent framework to becoming a very good public speaker.
The use of humor to get his point across; insights into hard and smart work. Mr. Ziglar shares stories from his own past and the examples of others to help illustrate the points he makes.
I would recommend this book to my friends. Now, some of my friends see 'success' as a matter of luck or fate--and surely there is an element of luck/fate that plays a role. However, "fate favors the prepared mind"... as one famous golfer put it (I think it was Lee Trevino, but not sure) "Golf is a game of luck... the harder I work, the luckier I get." Mr. Ziglar talks about the mental attitude and habits that you can adopt that can greatly improve your chances at success (whether 'success' financially, socially, personally, or however the listener would define 'success').
He has good timing, rate, and vocal inflection that helps communicate his point. I also enjoyed the energy that he brings to his delivery... his sincerity and enthusiasm helps communicate the message more than just reading the words. I also liked that I could listen to it while out hiking or in my car during the commute...:)
It was... it is a long book. I listened to much of it during a long hike... and the rest during my commute one day. I will listen to it again... of that I have no doubt.
I have often heard of Zig Ziglar. After listening to this book, I would consider him to be a cross between the traditionalist beliefs and examples of Napoleon Hill, and the energy and personalized delivery of Anthony Robbins...:) I plan on getting some more of his books to listen to in the future...:)
Aside from the fact that I fundamentally agree with Howard Marks approach to investment, the explanations used were very easy to follow... it is written in a way that a novice can understand, with insights that an experienced investor would find very useful. I have found few that can do this as well as Mr. Marks has been able to (others would include Warren Buffett, Peter Lynch, and Joel Greenblatt are some others).
I would highly recommend this book to novice and experienced investor alike... One of the keys to success in most fields has been to "stand on the shoulders of giants". Howard Marks is a Master Investor with a keen ability to communicate... this book compiles and discusses his memos in a way that will assist you to "stand on the shoulders of this giant"
Report Inappropriate Content
If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.