This books is mostly advertisement for other products the author offers (most cost several hundred dollars and some are not available anyway)
Even though i would not recommend this books at all, it does have some positive things (hence the reason i gave it 2 stars).
The book is written as several testimonials about how good Dr. Tharp's workshops are
The book is divided into 3 parts the first part Dr. Tharp emphasizes the importance of position sizing and says that one should have different systems for each different market (Bull, Bear, Etc).
unfortunately that's all the trading advice you'll get from the book after that the book becomes a self help, spiritual guide. Where Dr. Tharp students testify that trading in peace and accepting what the market does without the need to be right will make you happy.
I am sure that the 2nd and 3rd part (about physiology and spiritual awakening) will help some people...
But, as far as trading is concerned, the book and this review are equally helpful. The book might be a little deeper, but since the way that book is written is so convoluted even if you would like to go back and read again some part (that you found helpful) you actually need to read a whole chapter about how much good you will get from paying Dr. Tharp a few hundred dollars.
I have to separate my thought on this book in 2 categories:
1) the ideas discussed
2) the writing and the way the author tries to depict himself.
The Ideas in the book are incredible... the argument is strong and even though I couldn't get such a practical benefit from the ideas. I think I have been taking decisions with a new and different light shinning in the background... And if the author would have been more humble I would have given this book a 5 stars review.
Unfortunately, Nassim Nicholas Taleb, makes such a hard job to enjoy the book with his writing. He writes in a snobbish and condescending way. The only trace of humbleness in the book is when he talks about Mandelbrot, and even then he only feels he's an equal to his own hero...
During the book the author keeps showing off that he knows several languages. I would assume that from the fact that he was born in Lebanon and he's writing a book in English, no need to rub it in the book.
bottom line, the ideas of the book make it a "must read"... But, be prepared to suffer while reading.
I have to say I didn't know what I was buying when I first got this book... And that’s all my fault because the author is honest Josh Kaufman about what the book is.
I saw a the Ted Talk by the author and decided this book should be great.
And when I read the introduction I immediately understood this will be a great reading… during the first chapters.
So, I’m writing the review so that futures readers will know what to expect.
The premise of the book is that with 20 hours of focused practice you can become decent at anything… This doesn't contradict the 10,000 hours rule that says: if you want to be an expert on something you have to practice for 10,000 hours (which is normally done in 10 years).
The author mainly says that with 20 hours you won’t be able to play an instrument like a virtuoso, but you’ll be able to pick a guitar and play in a bonfire… And that is fine with me.
The first 3 chapters, Josh Kaufman, writes about acquiring a skill quickly and the importance of focus and discipline… So far so good.
But the last 6 chapters are the summary of his successful attempts to learn new skills… If you are interested in learning exactly those 6 skills (Yoga, Programming, touch typing, ukulele and windsurfing) then you will enjoy the book in its entirety.
I’m a programmer so when I read the chapter on programming I was thinking to myself either this guy is a genius or he left out most of the learning process, by the end of the chapter he did say that by trial and error he failed more than what he succeeded… But the feeling is that this should be easy, when it’s really not. So, after that chapter I just couldn't take him serious…
Summing up, the first 3 chapters are great, the rest is disappointing but I guess a 40 pages book doesn't look to serious or interesting.
and the Author reading could put you to sleep immediately... And the worst part is that sleep would be much better than listening to this!
Usually when you read a book you have a very good Idea how good or bad it is after the first hour or 50 pages you read...
And by that measure this book is great!
But this book just keep getting better and better as you progress... And thank G-d, Prof. Daniel Kahneman wrote a long book!
First of all let me say I really liked the book.
The reason I don't give it a perfect score it's becasuse I was expecting the book to relate to more personal relations (spouse, kids, parents, friends, etc) Instead of professional relations (clients, managers, emploees, etc.)
I don't think the author had anything wrong, it was my expectation that was wrong...
Einsten was exciting character. He was charming, humble and SMART... way Smarter than the rest of us.
That's why there are so many biographies about him.
But Walter Isaacson's managed to stand out because his a great writer that can really involve you in the text.
He also had some new material that no other biograhpy had.
The Narration is also very good.
I definitely recommend the audiobook.
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