Good Reads

[winner69]

I’m looking forward to the Third Edition of “Confessions of an Economic Hitman” by John Perkins …..especially the new chapters on how China is using debt and fear to control natural resources in developing countries and other stuff.

[percy]

Have just started reading ,Davos Man,by Peter S Goodman.isbn.978 0 06 323934 0
A bit of a wake up call for me.

The history of the last half century in America, Europe, and other major economies is in large part the story of wealth flowing upward. The most affluent people emerged from capitalism's triumph in the Cold War to loot the peace, depriving governments of the resources needed to serve their people, and leaving them tragically unprepared for the worst pandemic in a century. Drawing on decades of experience covering the global economy, award-winning journalist Peter S. Goodman profiles five representative "Davos Men" members of the billionaire class-chronicling how their shocking exploitation of the global pandemic has hastened a fifty-year trend of wealth centralization. Alongside this reporting, Goodman delivers textured portraits of those caught in Davos Man's wake, including a former steelworker in the American Midwest, a Bangladeshi migrant in Qatar, a Seattle doctor on the front lines of the fight against COVID, blue-collar workers in the tenements of Buenos Aires, an African immigrant in Sweden, a textile manufacturer in Italy, an Amazon warehouse employee in New York City, and more. Goodman's rollicking and revelatory expose of the global billionaire class reveals their hidden impact on nearly every aspect of modern society: widening wealth inequality, the rise of anti-democratic nationalism, the shrinking opportunity to earn a livable wage, the vulnerabilities of our health-care systems, access to affordable housing, unequal taxation, and even the quality of the shirt on your back. Meticulously reported yet compulsively readable, Davos Man is an essential read for anyone concerned about economic justice, the capacity of societies to grapple with their greatest challenges, and the sanctity of representative government.

Just finished reading Davos Man.
I you believe in tax cuts and less Government, this book may cause you to re think some of your ideas.
Certainly was a wake up call for me.

[Valuegrowth]

https://www.kevinrooke.com/book-reco...ns/bill-ackman

BOOKS RECOMMENDED BY BILL ACKMAN

[Valuegrowth]

Good listening.

[thegreatestben]

Quite enjoyed this, not investment related but I think it has a lot of insights and concepts that could be applied to investment decisions.

https://www.penguinrandomhouse.com/b...d-dan-gardner/

[ynot]

Good listening.

My initial reaction to this guy was less than admirable, but 1 hour in he had my attention.

[Valuegrowth]

My initial reaction to this guy was less than admirable, but 1 hour in he had my attention.

I wish I had listened to it long before.

Summary

1. Respect Money and be Indifferent towards it
2. Rent to Own - Define Assets and Liabilities Properly
3. Build and Own your own infrastructure
4. Travel, Get Perspective, Get your Dream Life
5. Risk is Subjective, not Two Dimensional
6. Seek out Alternative Education
7. Value your Time
8. Ditch the Smart Phone
9. Mainstream Media is Useless. Don't consume it
10. Choose Role Models that suit Your Objective

[Schrodinger]

Good vid. May I also recommend his follow up https://www.youtube.com/watch?v=hzFl0uDwAQY&t=1656s

[Schrodinger]

please delete

[Valuegrowth]

Good vid. May I also recommend his follow up https://www.youtube.com/watch?v=hzFl0uDwAQY&t=1656s

Thanks. There are few more of his youtubes.