Denver, NC United States | Member Since 2002
If you change your portfolio every time you read a new investment book do not listen to this one. If you can understand that this is an extreme presentation and temper your own thoughts it is a worthwhile listen. I think there are some very good points in this book but I doubt a collapse. Many of the stocks recommended have done well since the book was written whether they have more to go now is a question. I do feel that the case for mid to long term escalating oil prices is a very strong one and well made in this book. Might want to add one or two recommended stocks to your portfolio but I would not put everything in gold just yet.
Like all investment books it has some interesting points. Probably more right than wrong but the prudent investor always hedges. Listen, think and wait a week or two before acting.
There were a couple of thought provoking statements. Mostly just repeating the same theme over and over.
both were slow
Absolutely not. Perhaps a condensed version. If you take out the repetition think the book would be 25% of current length.
I will admit that this book was probably just too deep for me. I felt a little like I was listening to an Allen Greenspan congressional testimony. I kept thinking that there must be more than what I was understanding but if there was I could not find it.
Typical Pratchett even though it was only co written by him. For a book with two authors it is relatively seamless. I think the underlying message of the book (should it even have one) is that just because you are trying to do good does not necessarily mean you are. Of course you will be too busy chuckling to yourself to realize there is a point. You just have to love the two main characters.
Depends on the friend. This is not a book for the average reader.
If you are not at least a little bit of a history nut this is not the book for you. It is an exhaustive history, (I mean that in both meanings of the word). I suspect that no matter how much history you know you will learn something new in reading this. That said this is not a book for the beginner, a reasonable knowledge of per WWI European geography is necessary to follow the discussions of what lands went to whom.
One final note it is important to understand the the word "liberal" did not have the same meaning in the late 19th and early 20th centuries as it does today. At that point in time a liberal was one who believed in less government power and more individual rights and freedoms. The meaning is closer to what is considered libertarianism today.
The presentation style.
The presentation was outstanding.
This made me very sad. The act of hate which Booth carried out caused so much suffering for the people of the south because those who replaced Lincoln were far less forgiving then he was.
If you or your children think history is dry and boring this is a great audio book to give them.
It is a unique approach to the moral issues of life.
The final toast was a particularly thoughtful insight into our current society. And the evils innate in many of our current practices.
The section where Screwtape describes how humans can be made to argue in such a way that they can take rightful indignation while offering to forgo something they do not really care if they got or not.
Many of the reviews on this book are either by Christians, who love it, or non Christians, who generally do not like it. I am a solid deist but a shaky Christian at best. This offers many insights to commonly miss-held perceptions (many of which I carry) about God.
The other thing that surprised me was that some people found the book funny. There is no doubt that it took a great wit to write it but while there is much in it to make you think there is very little at was to me laugh out loud funny.
If you do not see yourself somewhere in what Screwtape says about humans you are either not looking very hard at what he says or at yourself.
I have waited a while before writing the review. I will be more charitable because of the wait. This is the book you would expect from a reporter at MSNBC. It tows the standard media line on the financial crisis and never waivers. The regulators did not have enough power, wall street was greedy, everyone else was a victim. Why this happened now when the regulators have more power than ever and wall street is as greedy as ever is, of course not covered. None the less there is good and interesting information in this book. It has a lot of truth but not the whole truth and nothing but the truth.
For the other side read (listen to) Sowell’s book “The Housing boom & Bust”. Listen to them both and then make up your own mind.
With his usual clarity and abundance of data Sowell takes what happened apart to show you why we are in this mess. If you are unhappy with the standard media answer of "corporate greed" read this analysis. Anytime something like this happens and is blamed on greed of one group or another I always ask why is that group greedier now than in the past? Sowell lays out with backup data the time line of this mess and what was contributed by each of the players (republican, democrat, corporate and regulatory). If you believe more regulation will prevent this from happening again pay particular attention to the role of the regulators in this debacle. This is a must read for anyone wishing to understand the nature of our current economic times.
This is probably a good primer on Austrian School Economics is you are not familiar with it. It falls into the trap, like most books with political messages, of being a bit sarcastic and dismissive towards the arguments of the other side. I try to read each viewpoint and for the opposing one I would recommend "The Great Crash of 1929" by Galbraith, which also tends toward sarcasm.
I believe the best point of this book is to give us a lot of questions to think about before we spend the equivalent of a warehouse full of 100-dollar bills that we do not have. While it may be too late for this bailout/stimulus we better think long and hard about the questions raised in this book before we do it again. This is a good introduction to the school of economics dismissed as "supply side" by the popular press but it falls short as an in-depth look at the very serious issues we face. If you want to know more a good next step is Sowell's "Applied Economics".
This is a well-written book that brings up some important things to think about. Gladwell's conclusion that you need to be lucky as well smart and hardworking to be hugely successful is probably true. To get really far out on the bell curve you need for everything to go right, or wrong, depending on which side of the curve. Still it is dangerous to draw too many conclusions from extreme outliers, at least when dealing with a standard bell curve. If you are interested in what makes rich people rich read "The Millionaire Next Door", it deals with the more applicable part of the curve for most of us. Drawing conclusions from relatively few data points is always risky but Gladwell shows clearly the a small head start can get you far ahead.
This is not light listening. It is best on long trips, as it is difficult to follow some of the deeper arguments if you take it in 20-minute commute segments. It is a great book, actually a collection of essays, but like any philosophy it takes some thinking to follow. Though I cannot say I subscribe to Ms. Rand's views on all things the clearness of her arguments are difficult to refute. Ms. Rand is pretty rough on both the right and the left and points out the hypocrisy in both positions. If you are not willing to examine your political beliefs then stay away as they will be challenged. Finally it should be noted that most of these essays were made in the late 60s and early 70s. Ms. Rand promotes that America is great because of its beliefs, but that it is vulnerable because it does not understand the premises behind those beliefs. I suspect she would look at America today as an opportunity for greatness lost.
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