Click Here to see more reviews about: Smart Couples Finish Rich: 9 Steps to Creating a Rich Future for You and Your Partner (Hardcover)
Showing posts with label Broadway. Show all posts
Showing posts with label Broadway. Show all posts
3/01/2010
Review of Smart Couples Finish Rich: 9 Steps to Creating a Rich Future for You and Your Partner (Hardcover)
Click Here to see more reviews about: Smart Couples Finish Rich: 9 Steps to Creating a Rich Future for You and Your Partner (Hardcover)
2/23/2010
Review of Magic Words: 101 Ways to Talk Your Way Through Life's Challenges (Hardcover)
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2/20/2010
Review of Eyewitness to Wall Street: 400 Years of Dreamers, Schemers, Busts and Booms (Hardcover)
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1/31/2010
Review of Bryson's Dictionary of Troublesome Words (Hardcover)
If that paragraph above does not give you the dry heaves, you need to read Bill Bryson's "Dictionary."
Unfortunately, much as I enjoyed this book, I'm afraid it will appeal primarily to people who already know a lot of this information, instead of to the many who would benefit from reading it. And that's too bad ("The belief that *and* should not be used to begin a sentence is without foundation. And that's all there is to it." [p. 13]).
As Bryson notes, this book is not a style or usage guide. For that, I would recommend Fowler and Wallraff, sources Bryson often cites, and especially Bill Walsh's Lapsing Into a Comma : A Curmudgeon's Guide to the Many Things That Can Go Wrong in Print--and How to Avoid Them. What this book does provide is a useful guide to clarity of expression through precise use of language. While many people may not know, or care, about the distinctions between "lectern," "podium," "dais," and "rostrum" (p. 119), for example, the distinctions are nevertheless important, and Bryson helps nail them down.
He makes the important point that English is a language without a governing authority. Tradition and usage define what's proper. Language is evolutionary -- an example, as Hayek noted, of spontaneous order. However, it's possible to take this idea too far. In the Introduction (a passage quoted on the back cover as well), Bryson says, "If you wish to say 'between you and I' or to use *fulsome* in the sense of lavish, it is your privilege to do so...". I'm not certain this is the sort of advice people necessarily need to hear, unless of course you add the important corollary that the rest of us have the privilege of considering you an idiot for doing so.
Apart from that, though, this is an entertaining as well as useful read, and one I encourage writers both professional and casual to keep handy.
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1/02/2010
Review of Start Late, Finish Rich: A No-Fail Plan for Achieving Financial Freedom at Any Age (Hardcover)
If you are over 50, this book won't provide you with the advice you need.The intellectual process that Mr. Bach went through was to take the familiar arguments about the power of compound interest and saving with pre-tax dollars . . . and think of a few ways to shorten up the number of years required for compound interest to do its thing on your behalf.His best suggestions outside the standard financial planning advice are to be more valuable at work so you can earn more raises and promotions . . . and paying down your mortgage a little faster than is required.
I applaud his advice that people spend less on things that don't provide much benefit . . . but most people are going to be demoralized if that's the main source of increased liquid wealth.After all, most people want wealth not for retirement . . . but to enjoy life before and after they retire.
I found his arguments about starting your own business to earn more money to be naive at best . . . and overoptimistic at worst.Buying and running . . . or starting and running a business requires a lot of hard work and skill.Most successful entrepreneurs are off doing this by around age 35.Most people at 49 will find it a tough hill to climb.I applaud Mr. Bach's suggestion that people look into buying, operating, expanding and then selling franchised operations that meet his criteria.The other ideas won't work for most people based on historical averages.
I was also puzzled by his emphasis on having one-third of your liquid financial wealth in bonds.That's been one of the lowest returning classes of investment over the last 150, 100, 50, and 25 years.Why deliberately earn less when you have a long time horizon?
Much of the appeal of this book is that Mr. Bach is optimistic by nature, has a kindly interest in people and aspires for people to accomplish more.Bravo for that attitude!
I also found that Mr. Bach uses quantitative examples to explain compound interest and pre-tax versus after-tax investments much better than most financial planners do.
If you are under 45 and have never read a book about financial planning before, you will find this to be a valuable resource.If you are familiar with financial planning, you can skip this book.If you are not inclined to plan, don't know anything about financial planning and find math to be challenging, this book will provide useful new perspectives for you.
Click Here to see more reviews about: Start Late, Finish Rich: A No-Fail Plan for Achieving Financial Freedom at Any Age (Hardcover)
11/25/2009
Review of Colossus: How the Corporation Changed America (Hardcover)
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11/11/2009
Review of The Cure for Money Madness: Break Your Bad Money Habits, Live Without Financial Stress--and Make More Money! (Hardcover)
Spencer puts this into perspective by showing how the money madness of both seller and buyer keep them from addressing what is really important in life: living with a sense of ease, living connected to your loved ones, and living so as to contribute to the world. Spencer's goal is to address the ways in which our hidden attitudes toward money keeps us from this deeper satisfaction.
Beginning with an exploration of your destructive patterns, Spencer presents ways they can be healed, particularly in our relationships to others.He suggests how one can save and invest without being driven by emotion (and he does this in very useful detail---something one can act upon at once). He touches on how money madness affects people at work, and how to address it to make one's self more effective. He takes on the myths about house buying (which given the housing bubble burst, makes his advice all the more relevant).He talks about philanthropy, offering ways to do it more awarely.
At a time of money fear, Spencer offers a way for people to see where they truly stand in it all, and how to take action based on a clearer understanding.The subject matter of this book is greatly needed and Spencer has done an excellent job of helping people find their way through a turmoil which may, in fact, be the result of our collective money madness.This is an important book to read.
Charlie Fisher,Associate Professor Emeritus, Brandeis University
Click Here to see more reviews about: The Cure for Money Madness: Break Your Bad Money Habits, Live Without Financial Stress--and Make More Money! (Hardcover)
11/04/2009
Review of Why We Make Mistakes: How We Look Without Seeing, Forget Things in Seconds, and Are All Pretty Sure We Are Way Above Average (Hardcover)
Hallinan's book is essentially a survey of research into why people act the way they do.It turns out that we are biased, "poorly calibrated" (meaning, we often don't know our own limitations), very quick to judge other people on the basis of appearance alone, prone to sticking with old strategies that work poorly in new situations, and generally a lot more irrational than we think we are. "Why We Make Mistakes" is filled with interesting little oddities, such as the fact that most people have an inordinate preference for the number 7 and the color blue and the fact that our memories are typically much poorer than we realize (explaining why eye witness testimony is so unreliable).
Hallinan makes the good point that we need to understand why we make mistakes before we can do anything to prevent them.In the 1980s, for example, one out of every 5,000 people who received anesthesia died.The key to improving this outcome was to recognize that even highly trained, brilliant anesthesiologists make mistakes.At the time, two major models of machine were used to deliver anesthesia--one had a control valve that turned clockwise, another had a valve that turned counterclockwise.The profession realized that anesthesiologists could easily confuse the two machines, with disastrous results--the fix was to standardize the machines so the valve turned only one way, thus reducing the opportunity for simple human error.Then anethesiologists also took a page from the airline industry--they started using checklists to remind themselves to do important things, and they "flattened the authority gradient" by encouraging nurses and others in the operating room to point out errors.Hallinan reports that deaths due to anesthesia have declined by a factor of 40, to one death per 200,000.Some of the improvement doubtless results from changes in technology and medical knowledge, but Hallinan makes a good case that it was also very important to simply recognize that people are inherently mistake-prone and then take steps to minimize the things that can go wrong.
All of this has important implications for businesses, governments and other group activities.Organizations that brook no dissent, on the theory that the most senior people in the room will never make mistakes, are headed for disaster.As Hallinan explains, novices are often better able to spot errors than the "experts," who tend to skim over mistakes and ignore them because, ironically, the experts assume the mistakes out of the equation.Thus, the "newbie" in the room may spot the embarassing arithmetic error faster than the senior folks who wrongly assume from experience that such an error could never be made.
Organizations that understand that people will make mistakes and then do something to manage and minimize those mistakes are more likely to succeed.This is exactly what the airline industry, an enterprise that has very low tolerance for error, has done with great success.This is not to say that mistakes are no longer a problem, only that they are much rarer than they have been historically.
Other books in this genre include Cordelia Fine's "A Mind of Its Own," Zachary Shore's "Blunder," Burton's "On Being Certain," "Predictably Irrational" and "Sway."There's a lot of overlap between the various books on the subject, but each of them adds something new and interesting to the discussion.In any case, Hallinan's "Why We Make Mistakes" stands out because of its readability and because its a good survey of the topic.
Click Here to see more reviews about: Why We Make Mistakes: How We Look Without Seeing, Forget Things in Seconds, and Are All Pretty Sure We Are Way Above Average (Hardcover)
10/31/2009
Review of Fight For Your Money: How to Stop Getting Ripped Off and Save a Fortune (Hardcover)
David,
I just hung up with my cable and phone providers and because of your book:
--I am now saving $25 per month on home phone,
--changed plans on cellular and saved at least $30 per month just on the monthly portion, also got unlimited texting in the plan which I was paying about $20 a month for text over usage.
--The cable company cut my rate by 50% at $49 a month for six months then $20 a month cheaper after that without cutting service at all. We do like our HBO.
Total yearly savings are at least $1320
While I am very glad to be saving I feel like an idiot for allowing it to go own in the past. THe good with the bad you know.
The book also helped me update our wills, verify social security earnings, spend all of our gift cards, roll over an old employer's 401k to my fidelity account, and validated my buying my car that is two years old, lease trade in for 50% off the new car price (Cadillac DTS for $27,000) (this was a few years ago and I have preaching the practice to everyone)
All from reading your book the last couple of days. I would read it and then go to the computer, read some then to the computer. My wife thought I was nuts until I showed her the work I was doing. She still thinks it but not due to this behavior.
This really explains people dislike "the system". Banks, credit cards and just big business in general are all inherently bad and need to be regulated. As a small business owner I was more of the less regulation the better in the past but....
This book will help anyone who takes the time to read it.
Welcome to the Finish Rich World of David Bach
Thanks for reading,
Tom and Wanda Kennedy
Click Here to see more reviews about: Fight For Your Money: How to Stop Getting Ripped Off and Save a Fortune (Hardcover)
10/27/2009
Review of AdaptAbility: How to Survive Change You Didn't Ask For (Hardcover)
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