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.
Should you pay bonuses before or after the performance period? What’s the best way to use social incentives within a team? In The Voltage Effect, economist and professor John A. List offers his advice for how to take things from the small scale to the big stage. He shares a set of strategies designed to increase your business’s chances of success as it grows. One of these is using reward-based motivation. Read more to learn how to scale successfully by setting the right incentives to motivate your team.
Why are Americans so politically divided? Can anything be done about it? Why We’re Polarized by Ezra Klein argues that Americans are split into two sharply contrasting groups rooted in partisan identities. He believes this is a departure from previous eras when political divides were more about issues than identities. Continue reading for an overview of this book that provides insight into what’s going on in America today.
Are you just getting started in your career (or a new career)? What are you willing to sacrifice now in order to succeed in the long run? When author Alex Banayan wanted to find out how the people at the top got there, he set out to interview them. Here’s what he learned from musician Pitbull and executive Qi Lu: Work hard today for a payoff tomorrow. Read more to learn why you are your best investment.
When did the Federalist Party end? What triggered the collapse of Federalism? Federalism slowly began to fizzle out by the end of the 18th century due to the rise of Republican voters and presidents. Ron Chernow’s biography Alexander Hamilton details the fall of Federalism and Hamilton, who was the de facto leader of the party. Read more about the end of Federalism and Hamilton’s career.
What do you need to know about the psychology of golf? Why is it important to get in the right mindset when golfing? According to Golf Is Not a Game of Perfect by Bob Rotella, the first step in taking control of your golf game is choosing the right thoughts. He argues that some thoughts help you play to the best of your ability, while others lead you to perform poorly. Keep reading to learn how to up your game with just three tips.
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.
What are the functions of the left and right sides of the brain? Which side houses your creative side, and which houses your logical side? Your brain is split into two teams: the right hemisphere and the left hemisphere. In her book Whole Brain Living, Jill Bolte discusses the role of each side, along with common myths surrounding them. Let’s look at the left and right brain functions more closely.
Why are a support system and balanced life important for your career? What are the top three ways to improve work performance? Bill George’s book Discover Your True North focuses on strategies to become a strong leader by improving the way you work. He offers covers on how to bolster your leadership by maintaining a strong support system outside of work as well as maintaining a balanced life. Let’s look at the three ways to improve your work performance by keeping your personal life healthy and happy.
Are you always in a rush? Does it feel like there’s never enough time to do everything you need to do? Pastor and author John Mark Comer’s The Ruthless Elimination of Hurry explores our cultural obsession with rushing and examines how it harms our relationships, health, and spirituality. Comer argues that you can escape this culture of rushing by following the lifestyle of Jesus. Continue reading for an overview of this insightful book that can put you on the path to an unhurried life.