The World's Best Book Summaries
Are you tired of wasting your potential? Do you want to be a successful woman in life? Many women feel like they have to work hard to prove themselves and their worth. What you might not realize is that you determine your own success—you just have to stop making excuses, be unapologetic, and start living the life you deserve. Here’s some advice from some inspirational and powerful women about how to be a successful woman in life.
What are Collateralized Mortgage Obligations (CMOs)? How did CMOs defuse the mortgage bond market? During the height of the mortgage bond market, Lewis Ranieri started convincing banks to trade their bonds more frequently, allowing himself and Salomon Brothers to skim profits off every transaction. That was until CMOs came along. Discover more about the fall of the mortgage bond market.
What should be the basis for how you behave? Why isn’t empathy the best guide? If we want to be kind and moral people, it seems obvious that we should practice empathy. But, psychologist Paul Bloom suggests that we should cultivate a rational form of compassion instead and use this more measured and distanced approach to make decisions that are better for everyone involved. Continue reading to learn about Bloom’s concept of rational compassion.
How can you reach your full leadership potential? Do you love the work you do? In order to reach your full leadership potential, you must do work that you enjoy. The next parts of the journey include overcoming any fears of success and encouraging those around you to achieve their own goals. Continue reading to learn how to reach your full potential as a leader.
How did the Industrial Revolution change the way people work? In what ways are we still feeling the effects? In today’s fast-paced world, our lives increasingly revolve around productivity, efficiency, and work. In her book Do Nothing, Celeste Headlee writes that our culture of overworking can be traced back to the Industrial Revolution. Continue reading to learn how the nature of work in the Industrial Revolution shaped the modern lifestyle.
What are Objectives and Key Results (OKRs)? How do they contribute to an organization’s mission? Employee experience expert Russ Laraway says that the first area of focus for an effective manager is setting clear goals for employees: Your workers should know exactly what’s expected of them and when. He lays out four tiers of goals that managers can set for their employees. The second tier is OKRs. Read more to learn what OKRs are and how they fit into the overall goals of an organization.
How many reps and sets should you do during your workouts? Why is double progression effective? Personal trainer Michael Matthews recommends a workout program based on progressive overload—a workout approach that maximizes muscle growth. One way of applying progressive tension overload is double progression. Keep reading to learn about the double progression method and why it works so well.
What are junk-rated bonds? How did junk bonds become popular on Wall Street? After mortgage bonds began to decline on Wall Street, junk-rated bonds were next on the market. But unlike how Salomon Brothers took advantage of mortgage bonds to make a penny, junk bonds would be used against the investment bank. Find out how junk-rated bonds ended up hurting Salomon Brothers.
Do we need empathy to understand and practice morality? What should guide our moral decisions? In Against Empathy, psychologist Paul Bloom argues that we rely too heavily on our emotions—especially empathy—to guide our judgments, decisions, and behavior. He suggests that our empathic responses to other people can lead us away from the morally good and right course of action. Read more to learn how to be a moral person by putting empathy in what Bloom believes is its proper place.
Do you have any guilty pleasures you’re ashamed of? Why is embracing your guilty pleasures with existential kink the best way to combat them? The premise of existential kink is that the negative patterns—of feelings, behaviors, and so on—we see recurring in our lives are the manifestations of our unconscious desires. The only way to eliminate our negative patterns is to acknowledge, embrace, and take conscious pleasure in our guilty pleasures. Below, we’ll dive into the principles of existential kink to better understand how to embrace your guilty pleasures.