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Book Preview: #1 To share your message, you must first build an audience of people who will listen to you. You can do this by focusing on a future-based cause that is bigger than yourself, and by offering your audience a new opportunity.
#2 Every great movement needs a leader. It's easy to assume that some people are just born leaders and others aren't, but that's not the case. Everyone...
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#1 If consumers spend money, the economy can grow, if they don't, it can't. Understanding the economy and its cycles helps you take advantage of impending changes.
#2 If you're going to invest your money, you don't need to know a lot about how the economy works or the finer points of its more obscure corners. However, you do need to be aware of some basic principles.
#3...
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Get the Summary of Andy Greenberg's Tracers in the Dark in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: Tracers in the Dark is a story of crime and pursuit unlike any other. With unprecedented access to the major players in federal law enforcement and private industry, veteran cybersecurity reporter Andy Greenberg tells an astonishing saga of criminal empires built and destroyed. He introduces an...
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Get the Summary of Tripp Mickle's After Steve in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: Steve Jobs called Jony Ive his "spiritual partner at Apple." The London-born genius was the second-most powerful person at Apple and the creative force who most embodies Jobs's spirit, the man who designed the products adopted by hundreds of millions the world over: the iPod, iPad, MacBook Air, the iMac G3,...
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Please note: This is a companion version & not the original book.
#1 The three little questions are a litmus test for what makes you different, what gives your company its raison d'etre. A good example of a company that understands differentiation is John Deere, which makes farm tractors and related equipment.
#2 The human brain is a filter that protects us from the vast amount of irrelevant information that surrounds us every day. It learns to...
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Get the Summary of Nassim Nicholas Taleb's Antifragile in 20 minutes. Please note: This is a summary & not the original book. "Antifragile" by Nassim Nicholas Taleb introduces the concept of antifragility, which describes systems that benefit from shocks and stressors, as opposed to the fragile that deteriorate and the robust that remain unaffected. Taleb uses mythological figures like the Phoenix and the Hydra to illustrate antifragility, while the...
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#1 Value investing is the process of buying securities only when their market prices are significantly below their calculated intrinsic value. It is a simple process, but it requires a lot of discipline.
#2 There are two types of fundamental investors: macrofundamentalists, who are concerned with broad economic factors that affect the entire market, and microfundamentalists,...
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#1 Zig Ziglar is advising you to quit sales if you can't handle the abuse and rejection that comes with it. You should get into sales because your heart and head won't allow you to do anything else.
#2 The sales profession has a high turnover rate because of the lack of commitment among new recruits. However, this is changing, and the public is gaining respect for the true sales professional.
#3...
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#1 Index funds are a type of mutual fund that mimic the performance of a specific index. They are designed to simply reflect the value of a group of investments. There are indexes that track just about everything, and more are being created every year.
#2 Stocks, bonds, and mutual funds are all forms of investing. Stocks represent shares of ownership in a company. Bond...
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#1 I was five years away from 40, and I was miserable. I was selling something I didn't care about and had no desire to keep doing. I knew there was more, but I felt stuck. I had thought politics was it, but my dream had died and taken my hope with it.
#2 I was constantly restless, and I would constantly be thinking about different career paths. I would often dream...
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#1 Every business is driven by one of two philosophies: competition-driven or story-driven. The competition-driven company is reactive to the marketplace and prioritises beating its competitors and racking up profits. The people who lead competition-driven organisations seek to dominate the market and maximise shareholder value.
#2 The story-driven company...
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#1 The VCR led to the creation of the video store and eventually Blockbuster. But, had the studios had their way, it would never have happened. The studios believed copyright laws granted them complete control over their content, which included preventing citizens from recording programs on VCRs for private use. But in 1984, the Supreme Court overruled the lower court...
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#1 Theodore Roosevelt was elected president in 1901 after the assassination of William McKinley. He was governor of New York when McKinley selected him to replace his first vice president, who died in 1899 from a string of heart ailments.
#2 Roosevelt was elected governor of New York in 1898, despite having little political experience. He was called the cyclone assemblyman...
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#1 EVT Restaurant is a very nice place. It was the first time Rick had been there, and he was greeted by the enthusiastic greeting of his lunch companion, Michelle. She had been friends with the hostess, Katherine, who had told her about Rick.
#2 Rick was meeting with a lender named Michelle to discuss his business problems. He had been having a hard time selling properties lately,...
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Book Preview: #1 The first rule of day trading is that day trading is not a strategy to get rich quickly. Day trading is difficult, and you will not make money quickly. The only way to make money in the stock market is to take it from other people while they are trying to take yours.
#2 Day trading is a profession like medicine, law, and engineering. It requires the right tools and...
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Get the Summary of Jordan Belfort's The Wolf of Investing in 20 minutes. Please note: This is a summary & not the original book. Jordan Belfort's "The Wolf of Investing" recounts the financial downfall of his brother-in-law Fernando, who lost 97% of his investment portfolio due to high-risk, short-term trading. Despite the stability of the broader markets, Fernando's overconfidence and poor trading habits led to significant losses. Belfort emphasizes...
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Get the Summary of Travis Wilkerson's 10Minute Options Trading and ETF Investing in 20 minutes. Please note: This is a summary & not the original book. Travis Wilkerson's book presents an "enhanced buy & hold blueprint" aimed at outperforming the stock market while reducing risk. He challenges the traditional buy & hold mindset, advocating for a combination of conservative buy & hold with conservative options trading. Drawing inspiration from the...
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#1 The language of investing is financial statements. Investors do not need to become professional accountants in order to have the skills necessary to make competent investment decisions, what is necessary is a basic understanding of accounting.
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