This is a great story about the company and the man who did the trading. It also provides a very nice description of what was happening with CDO's, the housing market, and Wall Street. You will understand what happened after listing to this. You will also wonder how the big companies did not see it coming much sooner.
Like many books about living in New York City, the author treats absolutely everything that happens in a normal person's life like it is amazing just because it happened in New York. If the same events were told of a person living in Iowa, it would be called boring.
This book has caused quite a stir among business leaders. So I had to read it. It is a difficult book to stick with. But every chapter reveals some facts, analyses, or opinions that are very enlightening. The author is French so you get a very different perspective on history and the objectives of an ideal society. A fair distribution of assets is never possible. I think the author recognizes this. For every possible policy to balance assets, the author provides historical examples of why that will not work in the long-run. In the end I am learning that societies have always been very unbalanced in the distribution of wealth and assets. Only the degree changes, but not the basic fact ... it is almost a law of economics.
The most striking fact is the comparison of incomes and asset ownership.
Top 10% of Income Earners, are the owners of 60% of all real assets.
Middle 40% of Income, owns about 35% of all real assets
Bottom 50% of Income, own about 5% of assets.
This is a very big chunk of the population that are really poor. This extreme difference is the norm in many countries and across many time periods. Only the exact numbers change.
I really like Max Barry's stories. But this one ... not so much. Imagine working on a story and you draw a line down the middle of the paper. You put the exciting parts on the right side and the dull details on the left side. Then you throw away the right side and white the entire story just with dull details. That would be this book.
He did some interesting development of a couple of characters. But all of them do dull stuff over and over again.
My thoughts - skip this and go read Lexicon or Jennifer Government. Both much more interesting and they kept the exciting parts in.
Love Max Berry's stories. This one has a great, original idea, great characters, adventure, romance, intrigue. Always fun.
This book has been an inspiration to stop holding myself back and just run more. Don't worry about working up to something. Just find your limits. Stop worrying about little aches and pains. Most of us have learned to pamper ourselves and avoid discomfort. It is time to seek a different, more rewarding, and more difficult path.
Some reviewers say the book is too egotistical. Only mildly so. It is an autobiography, what did you expect he was going to write about? It will motivate you out of your comfort zone.
This book has some good management ideas from the masters of Pixar. As a computer scientist the author also shares a few (very few) interesting tid-bits about the technology behind their movies. I would like to hear more of these. Then there are diversions into related philosophical ideas which are somewhat interesting. Overall a pretty good book, but not nearly as interesting as a Pixar movie.
But I cannot listen to this book while driving. It puts me to sleep every time. The cause is equally shared by the style of the writing and the voice of the narrator. Together they are somnambulistic.
1) Terribly Written. The author just plain cannot write.
2) Terribly Read. The author/narrator will not stay on script. He ad libs useless, off topic, uninteresting information as he goes along.
Does he have wisdom to pass along? Most people will never find out because of the terrible delivery of the information. Go find a different book to learn about fitness and health.
This was a great connection to the inner world of Chrissie Wellington and her development into a tri-athlete champion. Great personal stories that help you understand the person and the sport.
The narrator was also a perfect fit for the story and author.
A fantastic story of human endurance and what can be accomplished. My favorite line, which I tell myself all the time now is "not all pain is significant". Then I just keep running, or holding that yoga pose, or pumping that weight. It is easy to be a lazy, painless athlete, which leads to mediocre results forever.
The first half (first file of the download) focuses on the authors struggles with alcohol. The real story of the ultraman begins in the second half. It is a fantastic story of what a person can accomplish and endure at any age. I was inspired to workout harder and eat different. Beginning with vegan dinner and we will see how it goes from there.
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