Top Book Recommendations
If I only had $1,000 to invest, I would invest it in knowledge.
Each of these books has brought me tremendous value.
I learned that wealth flows from savings not from income and that credit cards desensitize us to the true cost of things. We have to remove temptation triggers, and at the end of the day be aware that banks are businesses out to make a profit.
I learned that the poor and the middle class work for money while the wealthy make money work for them. The biggest take away for me was the change in mindset that the wealthy spend money buying assets not liabilities.
An informative reminder to build a diversified portfolio. Putting all your eggs in one basket is highly risky. Reflect on your past decisions to improve your future ones, don't run from mistakes. Nothing lasts forever in life including my health, wealth or the status quo in society. Nothing lasts.
This book was a profound read for me. It explains how we should focus on learning, and not only achieving in life. None of us are stuck the way we are, we are free to grow and develop new skills, pursue interests and have them blossom into abilities. It all starts with a growth mindset.
Not a huge Tony Robins fan but I learned the concise difference between being an investor and being a consumer. This book explains the power of compound interest and how it will allow me to retire early.
This book made me stop and realize that starting something new is actually very hard, and that you should start small and keep your expectation in check. Like have big dreams but start embarrassingly small and put in the time and work.
I learned that less is more, not to waste time playing the 'comparison' game and to stop searching for happiness - it is already here.
In a book about Nike I learned that there is no finish line (ironically). The key is to enjoy the process, keep thinking outside the box and don't limit yourself, ever.
"The pursuit of an easier life resulted in much hardship, and not for the last time. How many young college graduates have taken demanding jobs vowing that they will work hard to earn money that will enable them to retire and pursue their real interests by 35? But by the time they reach that age, they have large mortgages, children to school, houses in the suburbs, two cars, and a sense that life is not worth living without really good wine and expensive holidays abroad. "
I'm currently still reading this one, but its great!
Will update with my thoughts later.
I learned the critical lesson of why I should not blindly follow 'professionals' with my own money. High risk and high reward sounds fun to say, but I should never underestimate just how high the risk really is.
To be honest, a bit of a long read, but I learned some critical lessons in here that I take with me everywhere: be empathetic, praise others' achievements, acknowledge your own mistakes, void criticizing, condemning, or complaining, understand the value of charm.
I'll keep adding to this list every time I finish a book worth sharing.