The World's Best Book Summaries
What is the best advice for investors? What are Burton Malkiel’s 12 rules for successful investments? From maximizing your savings to avoiding unnecessary taxes and diversifying your portfolio, Burton Malkiel offers the best advice for investors in his book A Random Walk Down Wall Street. Knowing his helpful rules will help you make the most out of your investments. Find the best advice for investors below.
Have you read The Road Less Traveled by Scott Peck? Do you know what it teaches about spiritual growth? In The Road Less Traveled, Scott Peck asserts that the path to spiritual enlightenment involves discipline and grace (in addition to love and personal religion, or worldview). Without these qualities, you risk not only spiritual stagnation but also the mental health problems that come with it. Embracing these qualities leads to better health, better relationships, and a richer life. Keep reading to learn what The Road Less Traveled by Scott Peck says about the roles of discipline and grace in spiritual
Are you looking for The Power of Positive Thinking quotes? What are some of the most noteworthy passages worth revisiting? In his book The Power of Positive Thinking, Norman Vincent Peale says there is no problem or obstacle you can’t overcome with faith, positive thinking, and prayer. He outlines the practical techniques of applied Christianity to help you take control of the events in your life rather than be directed by them. Below is a selection of The Power of Positive Thinking quotes and passages.
How much weight do you give to randomness or uncertainty when making decisions? Do you think success is pure luck? According to Nassim Taleb, randomness is a hugely underestimated factor when it comes to decision-making, especially in fields that are greatly affected by randomness (e.g. trading, economics, and politics). He cites three reasons for our difficulty in appreciating the power of randomness: 1) we’re guided by our primitive brain, 2) we don’t understand probability, and 3) we see meaning when there’s none. Keep reading to learn why we have such trouble comprehending randomness, and how our brain’s wiring makes it
Are you looking for Make It Stick quotes? What are some of the most noteworthy passages worth revisiting? In their book Make It Stick, Henry L. Roediger III, Mark A. McDaniel, and Peter C. Brown teach you how to learn and study based on data about how your brain comprehends and retains information. The book’s principles and prescriptions draw from a vast number of research studies. This book doesn’t help you simply pass the midterm—it teaches you how to absorb and master new information. The following Make it Stick quotes highlight some of the key points.
Are you looking for Fooled by Randomness quotes? What are some of the most noteworthy passages worth revisiting? In Fooled by Randomness, former options trader Nassim Nicholas Taleb examines the outsized role luck plays in success, why people don’t generally understand luck, and how we can accommodate randomness in our lives once we’re aware of it. While Taleb primarily focuses on examples from the world of investing, his principles demonstrate how we’re fooled by randomness in many aspects of our lives. Below is a selection of Fooled by Randomness quotes with explanations.
What is The Power of Positive Thinking about? How can having faith, according to its author Norman Vincent Peale, help you live a happier and more fulfilling life? In his book The Power of Positive Thinking, Norman Vincent Peale outlines the practical techniques of applied Christianity to help you take control of the events in your life rather than be directed by them. As a result of these methods, you can enjoy better relationships, a greater sense of well-being, robust health and energy, and a stronger sense of purpose in the world. Below is a brief overview of The Power
What does Switch by Chip and Dan Heath teach us about sustainable change? How can we create change that lasts? In Switch, Chip and Dan Heath discuss how change works, how to motivate change in yourself and others, and how to create sustainable change by overcoming obstacles and making change as easy as possible. Here is a brief overview of Switch by Chip and Dan Heath.
What is Nassim Taleb’s Fooled by Randomness about? What role does luck or randomness play in success? Fooled by Randomness is the first work in a five-book series exploring randomness by bestselling author and former options trader Nassim Nicholas Taleb. In this book, Taleb examines the outsized role luck plays in success, how and why people don’t generally understand luck, and how we can accommodate randomness in our lives once we’re aware of it. Below is a brief overview of the key points.
What is The Hacker’s Diet about? What is the key, according to its author John Walker, to successful weight loss? The Hacker’s Diet was written by John Walker, founder of software company Autodesk. This is an engineer’s approach to weight loss, described in terms of control systems, feedback loops, measurement noise reduction, and practical problem-solving. Here is a breakdown of Walker’s advice from The Hacker’s Diet.