The World's Best Book Summaries
What is stock market volatility? Can volatility be a good thing? Stock market volatility is the rate at which stock prices fluctuate over a period of time. While modern investment portfolios are designed to hedge against volatility as a way to handle risk, market volatility is a tool that can be exploited. Keep reading to learn how to leverage stock market volatility, according to Warren Buffett.
What’s the difference between an index vs. mutual fund? How do index funds and mutual funds make money for investors? Traditional index funds own shares of an entire market (e.g. the S&P 500) and aim to generate market-average returns. In contrast, mutual funds own shares of companies selected by their analysts and aim to generate profits by beating the market returns by buying and selling stocks at opportune moments. Keep reading to learn how index funds differ from actively managed mutual funds.
Is there a hidden message in the meme you just liked on social media? Is myth essentially propaganda? According to Roland Barthes, myths occur when society’s dominant institutions imbue an image, object, or phrase with meaning. By forming these associations, the dominant social institutions create and reinforce cultural beliefs and values that are unconsciously adopted by the masses. In Mythologies, Barthes aims to open our eyes to these manipulations and teach us how to avoid them. Here’s an overview of the book.
Can you predict the stock market? What are some things you should look out for before buying a stock? It’s difficult to make more money than an average investor in the market. This is because everyone is working with the same information. However, if you know how to predict stock market performance, you can make above-average gains. In this article, you’ll learn what to look for when trying to gauge what’s going to happen in the stock market as a whole as well as with individual stocks.
What are coaching principles? What are the three most important principles, according to coaching experts? In The Advice Trap, coaching expert Michael Bungay Stanier explains his coaching style of leadership which shifts the focus away from ourselves and onto others. In his book, he defines the three coaching principles that all great coaches follow. Read on to learn about Stanier’s three coaching principles, according to his book The Advice Trap.
Do you have a fear of not being good enough? How can you conquer this insecurity? In Everything Is Figureoutable, Marie Forleo contends that there are many fears that hold people back from pursuing their goals. However, one is particularly effective and controlling: the fear of not being good enough. Let’s look at how to defeat the insecurities that get the better of you.
What is The Advice Trap about? Why does Michael Bungay Stanier say giving advice isn’t the best form of leadership? In The Advice Trap, coaching expert Michael Bungay Stanier explains that advice-giving can lead to more problems than solutions. He encourages you, instead, to adopt a coaching style of leadership and learn to approach difficult conversations with questions instead of suggestions. Read on for a brief overview of The Advice Trap by Michael Bungay Stanier.
Looking for some ways to improve cognitive function? How can you use your body to improve your cognition? According to Annie Murphy Paul, modern society is at odds with our neurobiology. In her book The Extended Mind, she explains how to improve cognitive function based on the evolutionary methods our brains thrive on—actively engaging with our bodies. Keep reading to learn three ways to improve cognitive function, according to Paul’s methods.
What are the best Shonda Rhimes quotes from Year of Yes? What can we learn about happiness from these quotes? In Year of Yes, Shonda Rhimes breaks down how she turned her life of stress and dissatisfaction into a life of joy and fulfillment. The key was to say yes to everything outside her comfort zone for a whole year. Read below for the best Shonda Rhimes Year of Yes quotes.
What’s the Dunning-Kruger effect? How can it affect your capacity for self-discipline? The Dunning-Kruger effect is a biological tendency that distorts our self-perception, particularly about our ability in a skill. Daniel Walter discusses it in the context of self-discipline. He explains what it is, how it affects our ability to self-discipline, and how to overcome it. Keep reading for an overview of the Dunning-Kruger effect, particularly as it relates to self-discipline.