What a fascinating book! Extremely readable and very persuasive explanations for why some people succeed in life and others don't. Only one minor criticism - he implies that the Colombian first officer was almost entirely to blame for the Avianca plane crash in 1990 but in fact New York ATC were later found to be 40% to blame. Which made me wonder if he was being over-selective in his other examples to prove an argument. But overall a very interesting and convincing book. How anyone can describe this as dull is beyond me.
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I recently re-read Roger Lowenstein's biography, Buffett: The Making of an American Capitalist (first published in 1995 and now re-issued with a new Afterword), and then read this more recent one by Alice Schroeder. Both are first-rate. Which to select if reading only one? That depends on how much you wish to know about Buffett's personal life, including his relations with various family members, and how curious you are about his personal hang-ups, peculiarities, eccentricities, fetishes, etc. If you can do without any of that, Roger Lowenstein's biography is the one to read. I also highly recommend the recently published Second Edition of The Essays of Warren Buffet: Lessons for Corporate America, with content selected, arranged, and introduced ... Read More:
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It's derivative. There is absolutely nothing that hasn't been said over and over again.
It's simplistic. Life can be simple, but that doesn't mean you should treat your audience as if they are too.
It's repetitive. Get a variety of different figures in your niche to all say the same things using slightly different words.
It's nasty. Follow the philosophy through to it's logical conclusion and you are left with the concept that those who suffer have brought it upon themselves. There may be a grain of truth for some of the many unfortunates out there, but try telling a starving family in a poverty- and drought-stricken wilderness that really they ought to just change their ... Read More:
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As a statistician, the book and its premise struck me as an interesting read, but it is clear after a few chapters that the book itself is meandering nowhere. What is worse is that the evidence is always second hand philosophy and the book is peppered with uninteresting self promotion. If your idea of a good read is to re-read Bertrand Russell or to move towards a footnote where the author feels it important to tell you he doesnt wear a tie in meetings then, please, feel free to lap this up and all the sixth form anarchy that it attempts to promote.
As for the statistics, it is amateur stuff. The Black Swan itself is an improbable event on which the author places far too much emphasis. It soon becomes confused and contradictory. Originally boldly stating that bell ... Read More:
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Although this book is marketed as a Business book, it has a much wider appeal. It offers some very interesting glimpses into how Richard Branson runs his companies, as well as some of the global issues that he believes in.
During the course of the book, he outlines how he first started in business, and how he grew Virgin Records from very little. He also gives insights into the mobile phone business, his airlines, and even space travel.
It's interesting to discover that Richard does not view `Virgin' as one large company, but rather as a brand.. each section runs as a separate business, with it's own team. Richard also believes strongly in a happy workforce, and those he employs often move amongst the various businesses, especially when they have specific skills ... Read More:
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'Blink' is, as many others have said, an anecdotal, absorbing book on the premise of just how powerful gut instincts can be. It's not an in-depth analysis or criticism of theory, but as I picked it up that wasn't what I was looking for anyway. As a Psychology student, I read it outside of my course for enjoyment and not only does it give grounding to such an interest (i.e. a friend in her 3rd year of Psychology is using 'thin-slicing' in her project, and I lent her this book to help her understand it fully!) but is also one of those books that stays with you. It affects how you think about certain decisions and a greater understanding of your own mind. What more could you want from it?
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Ths book does give comprehensive information on the UK financial world but even as an informed "layman", much of the finer detail was too dense to be understood! And it already appears dated.
In view of continuing unravelling of global finance subsequent to this book being published, the long studies of the retailers Stuart Rose and Philip Green, and other erstwhile luminaries of the City, verge on the emollient, using too much tediously self-congratulatory quoting from the subjects, and not enough rigorous analysis by the author.
I am not sure the intention of this was to be such an indictement of early 21st century greed,vanity and disconnection with reality
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This book is a general interest book- and it certainly is interesting. The book, for anyone looking for an entertaining read, will like it. In a nutshell, the book takes a look at all sorts of things in society, from crack gangs to parenting, and then attempts to make sense of them by applying econonmic principles. According to the book, economics is really the study of incentives, and so using this kind of angle, the book comes up with answers to why things work the way they do.
A book that's hard to put down, I'm sure many readers will enjoy it. Also recommend The Sixty-Second Motivator for a more simplistic explanation of what motivates people and gives them incentives to do what they do.
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John Kenneth Galbraith's classic study of the 1929 Wall Street crash is an exhilarating read. Galbraith combines a fluent, witty style with a detailed breakdown of the build up to disaster,
It is interesting to note how most of the experts - journalists, academics, businessmen, bankers and politicians didn't have a clue what was going to happen and thought that the good times would carry on rolling.