The World's Best Book Summaries
What’s Thou Shall Prosper by Orthodox Jewish Rabbi Daniel Lapin about? Can you become wealthy and make the world a better place at the same time? In Thou Shall Prosper, Daniel Lapin explores ancient rabbis’ views on conducting business. Additionally, you’ll learn how to lead your own business and how earning money can be a spiritual pursuit. Read below for a brief overview of Thou Shall Prosper.
How did Sam Bankman-Fried get rich? What drove him to make money? Sam Bankman-Fried quickly became one of the wealthiest individuals in the world. Biographer Michael Lewis details how Bankman-Fried found financial success in his first job at Jane Street Capital and his first two companies—Alameda Research and FTX. Continue reading to learn how Sam Bankman-Fried became wealthy.
Have you been financially unstable recently? How can you achieve financial independence? In The Joys of Compounding, Gautam Baid gives advice for achieving financial independence. Baid underscores that financial independence is a way to boost happiness because it enables you to make value-driven choices and sidestep the anxieties linked to financial instability. Continue reading to learn how to achieve financial independence.
When does reinvesting profit make sense? Are there other things you need to prioritize before making a reinvestment in your business? Reinvesting profit allows you to reframe profits as business expenses and avoid extra taxes. Knowing when to reinvest profit is key to doing this successfully. This article will detail the steps you need to take and the things you need to consider before reinvesting your profits.
How much money went missing from FTX? Has the mystery been solved? In Going Infinite, financial journalist Michael Lewis provides a rare glimpse into the inner workings of Sam Bankman-Fried’s astounding rise and fall. Lewis shares what’s known about billions of dollars that went missing, including what Bankman-Fried told him about it. Read more to learn about the mysterious case of FTX’s missing money.
How good are your financial decision-making skills? Do you have trouble settling on a purchase? In The Joys of Compounding, Gautam Baid recommends sharpening your decision-making skills to excel in the world of investing. With the right approach, you can navigate the market’s intricacies, ensuring you distinguish between monetary market blips and significant changes. Here’s how to improve your financial decision-making skills so you can be an investing expert.
What’s the nature of money? How does money reflect your priorities and understanding of abstract concepts? According to Thou Shall Prosper by Daniel Lapin, money is a reflection of you: Everything from your possessions to your time, creativity, and energy can be measured in monetary value. For instance, when you go to work, you’re selling your time and energy in exchange for money. Continue reading to learn more about the true value of money.
Are you worried about losing money from investing in a failing market? How can you manage financial risk? In The Joys of Compounding, Gautam Baid advises mitigating potential losses by mastering risk management. In a landscape teeming with unpredictability, safeguarding your investments is essential. Learn how to manage financial risk so you remain shielded against unforeseen market downturns.
Who will win the chatbot wars? What obstacles do they face? How is the battle to dominate conversational AI evolving? ChatGPT’s popularity has ignited intense competition among tech giants to lead the AI chatbot market. Microsoft, Google, Amazon, and Meta are all rapidly developing conversational AI tools and integrating them into products in hopes of reshaping the search engine, productivity software, and consumer electronics markets. Read below for a background on the chatbot wars and who the players are.
How comfortable are you with financial insecurity? Where could you cut expenses? How can you get supporters to give you more money? In the traditional workforce, you have a steady stream of income, and—according to society, at least—you should be consistently building wealth for the rest of your life. In contrast, self-employment rarely comes with a stable income, and you’re not likely to become very wealthy. Read more to discover four money habits that freelancing guru Paul Millerd recommends.