The World's Best Book Summaries
How should companies allocate capital? How important is it for businesses to resist trends? If you’re looking at a company as a potential investment, you need to assess its leadership. Warren Buffett looks for three things: how they allocate capital, how transparent they are with their finances, and how resistant they are to trends. Continue reading to discover how to evaluate management in the same way that Warren Buffett does.
Why are most self-made millionaires men? Why do women find it more difficult to become millionaires? What can you do to become one? In We Should All Be Millionaires, Rachel Rodgers discusses ways to develop a positive money mindset, manage your time and energy, and increase your wealth by recognizing the worth of your work. These steps are crucial for women who want to feel empowered about making more money. Read below for a brief overview of Rachel Rodgers’ We Should All Be Millionaires.
Are you a woman wanting to become a millionaire? How are you holding yourself back from achieving this status? Women can be their own worst enemy sometimes. Rachel Rodgers writes in We Should All Be Millionaires that they underestimate their worth and don’t stick up for themselves enough to make more money. Below is a guide for financial independence for women.
What’s focus investing? How is it different from modern portfolio theory? Which approach does Warren Buffett take? According to Robert G. Hagstrom, Warren Buffett departs significantly from the mainstream when it comes to portfolio management. While most investors diversify their portfolios broadly to minimize volatility, Buffett focuses on a select handful of stocks to maximize his chances of above-market returns. Read more to learn about focus investing and why Buffett prefers it to the modern portfolio approach.
Why are more employers abandoning college degree requirements? What are the pros and cons of eliminating them? Is college necessary for a successful future? A growing number of public and private sector employers in the US are dropping college degree requirements for job seekers. Human resources experts say that, in the years ahead, successful companies will reduce requirements that narrow talent pools and hire candidates with evergreen “soft skills.” Here’s a look at the pros and cons of eliminating college degree requirements.
How does Warren Buffett invest? What’s the best way to adopt his approach? In The Warren Buffett Way, investment professional Robert G. Hagstrom outlines Warren Buffett’s investment strategies. Hagstrom explains why Buffett believes that focus investing is better than modern portfolio theory, and he shares some pitfalls to avoid as a focus investor. Read on to learn how to manage your portfolio like Buffett and to find an exercise that will help you examine your investing habits.
What is greedflation? Why is it controversial? Is it just a conspiracy theory? Some economists say companies are using inflation as an excuse to ratchet up prices to profit excessively. Known as “greedflation,” this practice comes at the expense of American consumers. Mainstream economists have been skeptical of the greedflation concept, with some calling it a conspiracy theory. Keep reading to learn about greedflation and the opposing viewpoints as to its existence.
Are you planning to travel this summer? What can you do to save money and avoid the crowds? Nearly 85% of Americans plan to travel this summer, meaning you can expect big crowds, long lines, and high prices at popular destinations. Thankfully, there are some measures you can take so you can enjoy your summer vacation, stress-free. Keep reading for summer travel tips for avoiding crowds and major travel snags, and for staying on a budget.
What is California’s Black reparations proposal all about? How does it compare to past reparations attempts? What does the public think? A task force in California has approved a proposal seeking reparations for Black residents for generations of harm due to the legacy of slavery. This prompted a lot of different responses including approval, confusion, and some have even called it a “scam.” Here we’ll discuss that proposal within the context of the national conversation around reparations.
Has a deal ever seemed too good to be true? How can you avoid being scammed? In one of the last phases of their game, con artists will try to get you to double down on the deal you’re making with them. This is probably the point that you’ve suspected something’s a little fishy, so they’ll do everything in their power to keep you on board. Here’s how to avoid being scammed and manipulated.