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Picture of a book: The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
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The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

John C. Bogle
"There are a few investment managers, of course, who are very good - though in the short run, it's difficult to determine whether a great record is due to luck or talent. Most advisors, however, are far better at generating high fees than they are at generating high returns. In truth, their core competence is salesmanship. Rather than listen to their siren songs, investors - large and small - should instead read Jack Bogle's The Little Book of Common Sense Investing." - Warren Buffett, Chairman of Berkshire Hathaway, 2014 Annual Shareholder Letter.Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winner's game. Trying to beat the stock market is theoretically a zero-sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loser's game. Common sense tells us--and history confirms--that the simplest and most efficient investment strategy is to buy and hold all of the nation's publicly held businesses at very low cost. The classic index fund that owns this market portfolio is the only investment that guarantees you with your fair share of stock market returns. To learn how to make index investing work for you, there's no better mentor than legendary mutual fund industry veteran John C. Bogle. Over the course of his long career, Bogle--founder of the Vanguard Group and creator of the world's first index mutual fund--has relied primarily on index investing to help Vanguard's clients build substantial wealth. Now, with The Little Book of Common Sense Investing, he wants to help you do the same.Filled with in-depth insights and practical advice, The Little Book of Common Sense Investing will show you how to incorporate this proven investment strategy into your portfolio. It will also change the very way you think about investing. Successful investing is not easy. (It requires discipline and patience.) But it is simple. For it's all about common sense.With The Little Book of Common Sense Investing as your guide, you'll discover how to make investing a winner's game:Why business reality--dividend yields and earnings growth--is more important than market expectations How to overcome the powerful impact of investment costs, taxes, and inflation How the magic of compounding returns is overwhelmed by the tyranny of compounding costs What expert investors and brilliant academics--from Warren Buffett and Benjamin Graham to Paul Samuelson and Burton Malkiel--have to say about index investing And much more You'll also find warnings about investment fads and fashions, including the recent stampede into exchange traded funds and the rise of indexing gimmickry. The real formula for investment success is to own the entire market, while significantly minimizing the costs of financial intermediation. That's what index investing is all about. And that's what this book is all about.
Picture of a book: Better and Faster
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Better and Faster

Jeremy Gutsche
My overall reaction after finishing “Better and Faster” by Jeremy Gutsche is wow. Simply wow.While I have read business books in the past, I have not read entrepreneurial books. I don’t really have anything to compare this book with, but really, I can’t believe other books of the genre could be any better than this one.Gutsche’s purpose was to map a “way to overcome the psychological and cultural traps that causes smart people to overlook opportunity.” He does that by providing six patterns to shortcut the way to opportunity. The results are a well written, easily read, and wonderfully structured book that informs and inspires.Rapid change creates new problems, but it also creates new opportunities. “Better and Faster” is about finding patterns within the rapid change. Gutsche does a stellar job of illustrating six patterns of opportunities, providing evidence through accounts of entrepreneurs success. Gutsche does more as well. He also provides evidence of how companies operated in the past, how they operate now, and how they will have to operate in a culture of change.I love the way the book was organized. Part one uses the analogy of a farmer and hunter to distinguish between ways companies address change and opportunity. Gutsche points out that the farmer methodology is it isn’t effective in a culture of rapid change. Instead, companies and entrepreneurs need to become hunters, hunting for opportunity by noticing the six patterns.Part two outlines the six patterns of opportunity, along with their sub-patterns. Gutsche does a good job of using appropriate anecdotes to illustrate each pattern. I’ve grown accustomed to such anecdotes in business books and, from time to time, may even pass over them. Gutsche’s feel a bit different since he seemed to take time to interview the individuals to garner their insights.Part Three give a framework for using the patterns to find opportunities. The appendix gives two case studies that further illustrate how such a framework works.After each section Gutsche gives summaries, takeaways and takeways. the last few pages give a full summary using bullet points and diagrams virtually compressing all the key points and concepts.Gutsce is more than qualified to writing such a book. His work with TrendHunger, I’m sure, helped him to notice these patterns. He writes that his main message is “the only real certainty in life is change.” He has given a road map on how to find opportunity as we travel the changing landscape.I received this book free from BloggingForBooks in exchange for an honest review.
Picture of a book: Pre-Suasion: A Revolutionary Way to Influence and Persuade
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Pre-Suasion: A Revolutionary Way to Influence and Persuade

Robert B. Cialdini
The author of the legendary bestseller Influence, social psychologist Robert Cialdini shines a light on effective persuasion and reveals that the secret doesn’t lie in the message itself, but in the key moment before that message is delivered.What separates effective communicators from truly successful persuaders? Using the same combination of rigorous scientific research and accessibility that made his Influence an iconic bestseller, Robert Cialdini explains how to capitalize on the essential window of time before you deliver an important message. This “privileged moment for change” prepares people to be receptive to a message before they experience it. Optimal persuasion is achieved only through optimal pre-suasion. In other words, to change “minds” a pre-suader must also change “states of mind.”His first solo work in over thirty years, Cialdini’s Pre-Suasion draws on his extensive experience as the most cited social psychologist of our time and explains the techniques a person should implement to become a master persuader. Altering a listener’s attitudes, beliefs, or experiences isn’t necessary, says Cialdini—all that’s required is for a communicator to redirect the audience’s focus of attention before a relevant action.From studies on advertising imagery to treating opiate addiction, from the annual letters of Berkshire Hathaway to the annals of history, Cialdini draws on an array of studies and narratives to outline the specific techniques you can use on online marketing campaigns and even effective wartime propaganda. He illustrates how the artful diversion of attention leads to successful pre-suasion and gets your targeted audience primed and ready to say, “Yes.”
Picture of a book: One Small Step Can Change Your Life: The Kaizen Way
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One Small Step Can Change Your Life: The Kaizen Way

Robert Maurer
Introducing the practical and inspirational guide to incorporating Kaizen and its powerful principles into one's daily life. Rooted in the two thousand-year-old wisdom of the Tao Te Ching--"The journey of a thousand miles begins with a single step"--Kaizen is the art of making great and lasting change through small, steady increments. Kaizen is the tortoise versus the hare. Kaizen is the eleven Fortune 500 companies that significantly outperformed the market through moderate, step-by-step actions. Kaizen is losing weight not by a crash diet (which more often than not crashes) but by eating one bite less at each meal--then, a month later, eating two bites less. Kaizen is starting a life-changing exercise program by standing--just standing--on a treadmill for one minute a day. Written by an expert on Kaizen--Dr. Robert Maurer, a psychologist on the staff at the UCLA medical school who speaks and consults nationally--"One Small Step" is the gentle but potent way to effect change. Beginning by outlining the all-important role that fear plays in all types of change--and Kaizen's ability to circumvent it--Dr. Maurer then explains the 7 Small Steps: how to Think Small Thoughts, Take Small Actions, Solve Small Problems, and more. He shows how to perform mind sculpture--visualizing virtual change so that real change comes more naturally. Why small rewards motivate better than big rewards. How great discoveries are made by paying attention to the little details most of us overlook. Hundreds of examples of Kaizen at work grace the book, as well as quotes from W. Edwards Deming (who brought Kaizen to Japanese industry), Peter Drucker, coach John Wooden, and others.
Picture of a book: The 80/20 Principle: The Secret of Achieving More with Less
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The 80/20 Principle: The Secret of Achieving More with Less

Richard Koch
"É sempre possível melhorar qualquer coisa na vida, não numa pequena escala, mas em grande escala. O modo de fazer esse progresso é perguntar: ‘O que me dará um resultado muito melhor com um gasto consideravelmente menor de energia?’"– Richard Koch Ao contrário do que o mundo moderno nos leva a crer, podemos aproveitar mais a vida, colocar as pessoas que amamos em primeiro lugar e nos dedicar à realização dos nossos sonhos. Segundo Richard Koch, o segredo para isso está em fazermos menos de modo geral, e não em nos esforçarmos mais.Ele defende essa idéia com base no Princípio 80/20, segundo o qual um pequeno número de causas cria a maioria dos resultados. Por exemplo, 80% dos alimentos são gerados em 20% da terra e 80% dos negócios têm origem em 20% dos clientes.Enquanto em O Princípio 80/20, Koch deu ênfase à aplicação desse conceito à área empresarial, neste livro ele mostra como empregá-lo à vida pessoal. Qualquer pessoa pode utilizá-lo para diminuir o esforço e as preocupações e alcançar mais plenitude e felicidade.Realizar mais objetivos despendendo menos energia é sempre possível, desde que identifiquemos as causas que podem ser mais eficazes e produtivas. Afinal, grande parte do que fazemos exige empenho, porém é inútil. O segredo é nos fixarmos nos poucos aspectos que de fato valorizamos em termos pessoais, financeiros, profissionais, familiares e ...ver mais