The World's Best Book Summaries
Who is the Quiet author? How do her experiences shape her writing and what do those experiences tell us about introverts in society? Quiet author Susan Cain struggled with the conflict between her introversion and the public speaking component of her job. He shares her experience and research to show how you can stretch beyond your temperament. Read on for more about the Quiet author and what she shared.
What are the best The Intelligent Investor lessons you can learn from Benjamin Graham’s classic investing book? These The Intelligent Investor lessons outline Graham’s top principles for investing, as well as his strategies for the different ways you can invest and manage your money. Benjamin Graham promotes level-headedness, careful management, and self-determination. Read these The Intelligent Investor lessons below.
What is racial scapegoating? How does victim-blaming of the racial minorities contribute to reinforcement of the white supremacist ideology? Racial scapegoating is the practice of singling out a racial group for unmerited blame and the ensuing punishment. In doing so, the dominant caste feels relief that they’re not at fault, reinforcing their forged status of superiority. Keep reading for more about racial scapegoating and some of its historical examples.
What is portfolio rebalancing? How does it work and why do you need it? When you have an uneven split between stocks and bonds in your portfolio, it’s time to consider portfolio rebalancing. You’ll want to sell stocks and bonds to return to a 50/50 split. Read more about portfolio rebalancing and the rebalancing strategy below.
What is the MBO process? How can providing goals give employees flexibility to shape their own work? The MBO process, also known as management by objectives, is a management style in which employees have goals mapped to organizational priorities. The employee then gets to determine how they want to achieve those goals. Read on for more about the MBO process and how it is used at Netflix.
What are 360-degree reviews? How are they run and why do they offer better feedback? A 360-degree review is a process in which every peer, subordinate, and manager or supervisor provides feedback to an individual. It is also known as multisource feedback. Keep reading for more about 360-degree reviews and how they’re used at Netflix.
Do you want to brush up your negotiation skills? What are some negotiation exercises you can practice? These three negotiation exercises are based on the negotiation principles laid out in Never Split the Difference, a negotiation handbook written by former international FBI hostage negotiator Chris Voss. They will help you practice key negotiation skills such as mirroring, conducting an accusation audit, and formulating calibrated questions. Try these negotiation exercises to level up your negotiation game.
Why did Germans keep the Holocaust statues and memorials—the legacy of Nazi Germany? What do they represent today? Germans have dedicated themselves to never forgetting the Nazis. They have kept the Holocaust statues, museums, and concentration camp memorials to educate the public and honor the memory of its victims. Read about the German Holocaust statues—a reminder of the Third Reich evil.
What is the NVC empathy approach? How can you apply it in practice? Nonviolent Communication provides a helpful framework for maintaining an empathic presence when people express themselves. In NVC, empathy requires focusing our full attention on the person and listening for the needs and feelings beneath their words. Read about NVC, empathy, and communication.
What are overpriced stocks? How can you identify overpriced stocks, and how are they different from bargain shares? Overpriced stocks are stocks that have a higher share value than the true value of the company. In The Intelligent Investor, Benjamin Graham explains how to identify overpriced stocks. Read more about overpriced stocks below and how they differ from bargain shares.