Alibaba: The House That Jack Ma Built — Summary

Jack Ma is the co-founder of Alibaba, one of the world’s biggest online Business to Business sites as well as other highly successful Chinese ventures like Alipay, Aliexpress, Tmall and Taobao. Having read Made in America, The Everything Store and Delivering Happiness, this book was a natural choice. Charisma and Vision If there is something … Read more

Be willing to be lucky

One remark particularly stuck in my head today while reading When I Stop Talking, You’ll Know I’m Dead. Thus, the title of this post. I began to look for work a few months after I started taking classes. The business side of entertainment–that’s where I was heading as far back as the family trip to … Read more

In learning, embrace difficulties

There are two great books about the science of learning, A Mind for Numbers which I made a summary of and Make it Stick. The following paragraphs are from the latter. Embrace Difficulties WHEN MIA BLUNDETTO, age twenty-three, first lieutenant, U.S. Marine Corps, was billeted to logistics in Okinawa, she had to get her ticket … Read more

Dual mindsets of Billionaires — Book Excerpt from The Self-made Billionaire Effect

This is a book excerpt from the book The Self-made Billionaire Effect by John Sviokla. The book caught my attention first when I saw an interview with Tai Lopez and GaryVee. Tai mentioned this book when Gary explained how he lives by seemingly contradictory principles like patience and an urgent drive to act. Being egotistical … Read more

Rework Summary

Definitively this book is under my top books that deliver high value in a concise manner. No fillers made it into this book that is for sure! Just as I like it. This book will give you practical and proven business advice. No jargon, no academical theory, just down to earth information. Things that should … Read more

Using the path of least resistance to build new habits — Excerpt from The Happiness Advantage

In the following paragraphs, Shawn Achor explains how he managed to form a new daily habit by planning ahead and making it easier for him to play his guitar every day. THE 20-SECOND RULE How to Turn Bad Habits into Good Ones by Minimizing Barriers to ChangeD uring one of the first trainings I ever … Read more

Investing rule number one, don’t lose money

This excerpt from the book Snowball explains why taking debt to make up losses is tempting but not good. “The advent of the Bloomberg terminal, symbol of the new computerized trading, mirrored the ongoing struggle over Salomon’s identity, which continued within the firm. Its laggard businesses had never gotten back on their feet. In 1994, … Read more

Derivatives explained

Excerpt from the book The Snowball: Warren Buffett and the Business of Life “At the time that Buffett invested in Salomon, the market was near a breaking point. In his shareholder letter the previous March, he had said that money managers were so hyperkinetic they made “whirling dervishes appear sedated.” He didn’t have a partnership to … Read more

Lessons from University of Berkshire Hathaway

The book University of Berkshire Hathaway resumes the relevant lessons learned from the Shareholder meetings of Berkshire Hathaway. I got some very good insights into Warren Buffett’s and Charlie Munger’s wisdom from this little book. About the author’s After graduating with a philosophy degree — Daniel Pecaut, the author of this book — started to … Read more

Lessons from Arnold’s Total Recall

Lately, I’m reading more and more biographies and this one was certainly great not just because I love bodybuilding and have seen Arnold as an idol since I was a little kid, but also because this book gave me a deep insight into all his incredible achievements and the things he learned along the way. … Read more

Meditation: How to set the right expectations – Excerpt

Excerpt from Your 3 best superpowers “HAVE REALISTIC EXPECTATIONS The next step in preparing to successfully meditate is to have realistic, grounded expectations of your practice before you begin. When I began learning to play the piano (which is a wonderful form of meditation, by the way), I was very enthusiastic. Learning scales was easy, … Read more

Why some people don’t get value out of self-help books

Today I came across a review on Goodreads which pretty well sums up the notion most people have about self-help books: This book reminded me of why I stopped reading self-help books. I found this one particularly overwhelming. Filled with great inspirational advice I will just ignore because all I want to do is keep … Read more