At last, for a generation that's materially ambitious yet financially clueless comes I Will Teach You To Be Rich, Ramit Sethi's 6-week personal finance program for 20-to-35-year-olds. A completely practical approach delivered with a nonjudgmental style that makes readers want to do what Sethi says, it is based around the four pillars of personal finance - banking, saving, budgeting, and investing - and the wealth-building ideas of personal entrepreneurship.
To a finance layman this will provide a distillation of years of reading, knowledge, and experience and is a one stop shop for most things financial (that an average person would encounter). After playing with various financial products and derivatives and losing dozens of thousands, I realized the simple advice in this book would have made me much richer and placed me much further ahead in my finances (just index - there is a ton of literature citing the near impossibility of beating an index - e.g. Winning the losers game, Random walk down wall street). This guide is necessary and sufficient for a typical person about to embark on a prosperous financial life - a more pronounced effect in the hands of a young person starting their career / recent grad. I've been reading about finance for a decade, this book's strength is in its practicality (the guidance is very specific and actionable) and entertainment value (the author is very passionate about the topic and helping others) .
We all want to discover the secret to a long and healthy life. But how do you incorporate the secrets of personal wellness into the unique demands of your own schedule? What information would a knowledgeable and compassionate family physician offer someone looking for a reference guide to healthy living? These 36 comprehensive lectures offer you practical and expert advice that allows you to make your own personalized choices about healthy living, as well as ways to apply that knowledge to your lifestyle.
This audio course is quite basic: I can't really penalize it for that. I'm sure for a lay reader, they will learn a lot (I'm a health professional). This course may save lives and years of life to those who are not very familiar with health topics. For the advanced (health / biology / medical majors / professionals) this will be too basic to the point where you don't feel you've learned anything new or gained any value. The teacher (passionate surgeon) is not monotonous so it wasn't a bore to listen to - though I typically listen to audiobooks with a 1.25x to 1.50x speed magnification to save time and also to not get bored...
30 of 34 people found this review helpful
This updated edition of Inside the House of Money lifts the veil on the typically opaque world of hedge funds, offering a rare glimpse at how today's highest paid money managers approach their craft. Now with new commentary, author Steve Drobny takes you even further into the hedge fund industry. He demystifies how these star traders make billions for their well-heeled investors, revealing their theories, strategies and approaches to markets.
Where does Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets rank among all the audiobooks you’ve listened to so far?
I would say the middle. I wasn't too impressed with the book, especially after hearing Market Wizards. The storyline occurs in the 90s to mid 2000s and misses the financial crash entirely. You can see the prescience of some of the investors. This book was not as mind blowing as the others I've read but it's not useless or a waste of time either.
Did James Langton do a good job differentiating all the characters? How?
He gets better towards the end but the first part is a bore. I sped up the book 1.25-1.50x as his slow British accent was putting me to sleep. You get more vocal variety towards the middle-end where it starts sounding good.
What separates the world's top traders from the vast majority of unsuccessful investors? Jack Schwager sets out to answer this question in his interviews with superstar money-makers including Bruce Kovner, Richard Dennis, Paul Tudor Jones, Michel Steinhardt, Ed Seykota, Marty Schwartz, Tom Baldwin, and more in Market Wizards: Interviews with Top Traders.
Would you listen to Market Wizards again? Why?
I most definitely will read it again. This was by far the most educational book on trading I've read. It is also very motivating. I find that this, and Reminiscences of a Stock Operator the most important trading books to read. As you trade, you learn even more lessons by making the same mistakes as these traders have. You get so many life lessons here. The information may be dated but the psychology isn't - even in today's HFT ridden markets.
What was one of the most memorable moments of Market Wizards?
Each trader has a unique story. Each have earned a unique degree of success. I think the big kicker of this book is that you get so many different trader types and styles, sometimes even contradicting each other, but they are all successful. It goes to show that you need to find a style that suits your personality and there is not really a holy grail or one right way to trade. That alone is motivating and encouraging...You can even pick up tid-bits of traders that are most similar to you. I would definitely get this in audiobook form as it reads like two friends having a conversation throughout. You can tease more out of that than reading. None of the intonation/sarcasm is lost as the narrator himself has personal experience of the interviews. This was probably the best audiobook I've purchased thusfar.
What about Jack D. Schwager’s performance did you like?
His ability to convey the personality of his interview subjects. The book sounds like a conversation between two good friends with their vocal variety and intonation keeping you entertained.
11 of 12 people found this review helpful
Every trader is an entrepreneur. And just as a new business must capitalize upon the strengths of its founders, a career in the markets crucially hinges upon the assets - personal and monetary - of the trader. As an active trader and a coach of traders in hedge funds, proprietary trading groups, and investment bank settings, author Brett Steenbarger has helped others see the personal assets they have possessed all along: those that can pay a lifetime of dividends.
Would you consider the audio edition of The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist to be better than the print version?
This book is perfect to be placed in audiobook format because there are no real charts, tables, or figures to look at it. I personally hate reading and only do so when necessary. I'm thankful I found this book here. I found it via Investimonials - they provided great reviews of this book if you would like further information/reviews...and I guess there are the numerous www.amazon.com reviews...
What did you like best about this story?
It helped me a lot to assess my psychological trading mistakes. I think every trader should at least skim over this book. They will find a mistake they are committing. I've learned a lot about myself while reading this book like my fear or rejection or making mistakes - this makes me stay in positions longer than I should. There are a lot of great trading tips.
Which scene was your favorite?
Definitely does not apply to a trading book...
If you were to make a film of this book, what would the tag line be?
...It's a trading book...
10 of 10 people found this review helpful
The authors devoted five decades to the study of world history and philosophy, culminating in the masterful 11-volume Story of Civilization. In this compact summation of their work, Will and Ariel Durant share the vital and profound lessons of our collective past. Their perspective, gained after a lifetime of thinking and writing about the history of humankind, is an invaluable resource for us today.
Would you recommend this audiobook to a friend? If so, why?
The content in this book is critical to read. It distils the knowledge learned from decades of work - and that shouldn't be taken lightly - the couple who wrote this book won a Congressional Medal of Honour for their prolific series. I would definitely recommend this book to everyone, we might even get smarter voters that aren't whipsawed around by lies if everyone read this. I found this book through Ray Dalio's recommendation as one of the most important/influential books to read. I definitely was not disappointed in the content but perhaps by the delivery, the music is irritating (and frequent) and Will Durant is incomprehensible when he speaks himself - this may be due to advanced age and bad audio quality from the 70's/80's. It's still not bad enough to detract from the audiobook.
What other book might you compare The Lessons of History to and why?
Hard to say, this is sort of a Cole's Note or Cliff's Notes on history. It goes into more of the human condition with some historical context to support its arguments but its fundamentally a book about unchanging human nature. It's organized very well.
What does Grover Gardner bring to the story that you wouldn’t experience if you just read the book?
Decent narrator for the prose sections. I have no complaints other than the cheesy music and the 'audio-legibility' of Will Durant in the live skits sections.
Did you have an extreme reaction to this book? Did it make you laugh or cry?
I was irritated at the terrible music they would play between chapters or when they bring in Will Durant himself.
Any additional comments?
Ditch the music!!!
This audiobook provides fascinating insights into the hedge fund traders who consistently outperform the markets, in their own words. From best-selling author, investment expert, and Wall Street theoretician Jack Schwager comes a behind-the-scenes look at the world of hedge funds, from 15 traders who've consistently beaten the markets. Exploring what makes a great trader a great trader, Hedge Fund Market Wizards breaks new ground, giving readers rare insight into the trading philosophy and successful methods employed by some of the most profitable individuals in the hedge fund business.
Where does Hedge Fund Market Wizards rank among all the audiobooks you’ve listened to so far?
I would say this would rank behind to Market Wizards but it's currency/recency makes up for it. Market Wizards is definitely in my top 3 trading books.
What did you like best about this story?
Ray Dalio's insight on the world is amazing, I like his perspective on leveraging/deleveraging and inflation/deflation. It basically predicts our course via his historical knowledge. I also picked up great trading tips such as predefining your risk from putting a stop in an area that would get hit ONLY if you are wrong and THEN decide your position size based on the losses incurred from that stop. There are many gems like this and many perspectives and interesting autobiographies.
What about Clinton Wade’s performance did you like?
Narration felt boring at first but then it grows on you as you see more vocal variety. I still like Jack D. Schwager's narration of his own Market Wizard's book more. It sounded more 'chummy/unique?', but of course, no one can narrate a book as well as its author as they met with the characters personally.
What insight do you think you’ll apply from Hedge Fund Market Wizards?
Definitely the risk management techniques.
I would also look further in Ray Dalio's work, he has a 120 pager he makes his employees read.
Any additional comments?