Skip to main content

Fiction

Check out our previous fiction reviews by clicking on the links below.
If you have any feedback please leave a comment.  Thank you for reading and please follow us or subscribe for a new post every Monday!!



The Reluctant Fundamentalist by Mohsin Hamid




The Truth About the Harry Quebert Affair by Joel Dicker


A story about Margaret Meade's life.

Comments

Popular posts from this blog

9 Core Values to Help Disciplined People to Steadily Build Wealth

This post is for people who are self-disciplined and looking to invest money outside of their employer sponsored retirement plans.  It is also for those who are aspiring to find ways to generate passive income.

As an educator in New York City, we are provided an employer sponsored 403-b called the Tax Deferred Annuity (or TDA for short).  For more information on it, I wrote about some of my observations about educators and retirement in an earlier article called A little bit goes a long way. 

For those who are not familiar with TDA, it offers a variety of investment options but the most promising is the guaranteed returned fix rate for UFT members at 7% annually, and 8.25% for all other members. The maximum contribution that an individual can make is $18,000 for the year, which is similar to a traditional IRA for everyone else.

If you find yourself in a unique situation where you still have money to invest then I would like to share some of my own ideas that I have put into practice.…

7 Key Traits Required For Stock Selection.

In Chapter 14 of Benjamin Graham's The Intelligent Investor, he focuses on the 7 items for defensive stock selection.

In the preface, this chapter is highlighted by Warren Buffett as one of the keynote chapters, and therefore the reader should pay special attention to the advice that Graham offers.

For those who are unfamiliar with Benjamin Graham he was a former fund manager, professor, and is considered the father of value investing.  Value investing is a strategy where stocks are purchased at less than their intrinsic value.  Intrinsic value in layman's terms is the amount the company is worth (Assets - Liabilities = Worth).

By the way, the equation above is not the actual method for finding intrinsic value, it is just a gross oversimplification of what it means.  I would also like to note that intrinsic value is different than the stock price.  The stock price is what the market is valuing the company at, but it may not reflect its intrinsic value.

For example: 

Let's …

Review on the Purple Cow - Transforming your business by being remarkable by Seth Godin

The Purple Cow by Seth Godin is a book on marketing, and focuses on the modern day environment.  Godin believes that the traditional methods of advertising are broken and ineffective.  He defines traditional advertising as companies that follow the P's of marketing: Pricing, Promotion, Positioning, Packaging, Pass-Along, Permission, and Publicity.  Godin believes that the key to successful advertising is by creating a remarkable product.  The metaphor that he uses for a remarkable product is a purple cow.

The idea is that a purple cow is unheard of, and therefore it is a remarkable thing.  Godin believes that modern day marketing tactics should focus on just one P, the purple cow.

Godin then provides cases in which remarkable products launched companies to the forefront of their industries.  An example is Google.  It is a website that has a slot where you can type in text and two buttons.  One of the buttons is completely arbitrary.  Yet, it has become the lead search engine and…