In March 2017 I read and reviewed 4 new books! Unshakeable by Tony Robbins was definitely my favourite read.

1. The Art of the Deal by Donald Trump (6.6 points)

Like him or hate him, The Art of the Deal shows Trump knows how to do business!

Each chapter covers different deals that he was involved in before 1987 (when the book was published). These include his Trump Tower in NYC, The Commodore Hotel (now Grand Hyatt) in NYC and a casino in Atlantic City as examples. Trump clearly paints a very rosy picture of these deals and of himself as well. It doesn’t take much research to find out that not all of his deals were successful. For example, one of his casinos in Atlantic City went bankrupt after he wrote the book. Trump has had a lot of luck but as they say “you have to be in it, to win it”. He certainly isn’t afraid to be “in it”.

Read my full review here

 

2. Unshakeable (8.4 points)

Unshakeable is now my top recommendation in terms of books about investing!

If you don’t know Tony Robbins, he’s a very famous motivational speaker. So why is he writing about investing? He is actually just the voice of top investors. He interviewed over 50 of them and took noted all the best bit of advice and constructed this book. This means the book touches on a lot of technical topics but uses Tony’s ability to communicate to make the key messages simple and easy to understand. Therefore, regardless of whether you have invested before or not, this book is for you.

Read my full review here

 

Goldman Sachs3. Why i left Goldman Sachs (6.84 points)

Why I left Goldman Sachs provides a rare insight to Wall Street and how it makes it money!

I really enjoyed this book. It confirmed a lot what I thought about the world of investment banks. That is, they exploit those with money. The book goes through Smith’s career and how he sees a change in culture from helping clients to trying to make as much money as possible. Regardless of the interest of their “muppet” clients.

Goldman Sachs gets paid for doing transactions. The more complex and the more often they do transactions, the more money they make. Similar to how personal financial advisors get paid but the banks deal with people and businesses who have a lot of money (pension funds, hedge funds, insurance companies). The book talks about experiences where the people working at the bank are providing information to their clients just to get them to do more transactions.

Read my full review here

 

4. The 4-hour work week (7.52 points)

If only ‘The 4-hour work week’ was written by someone else .. it could have been great!

There is a lot of really good stuff in this book, covering a wide range of topics, including:

  • How to start a new business
  • Time management (better email and meeting management)
  • Benefits of earning in one country and spending in another
  • What to do when you are not working

Tim Ferriss is one of those people who I respect for as they aren’t afraid to try new things.  He is very direct. This is probably why he is so successful. Saying that, I’m not sure I would want to be like him. Especially given his moral status.  For example, he suggest that in order to get your boss to let you work from home you should phone in sick and then show your boss you are more productive at when you are at home. At the same time he suggests that you reduce your production levels whilst in the office. Not sure I like this type of advice. It’s not surprising that he has been fired from numerous jobs in the past!

Read my full review here

 

April 2017 is all about building this site:

I have already started reading the book “The Website Investor” so I can learn more about buying online businesses as an investment. I’m also going to read more books on how to market an online business.

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Previous book reviews:

What books did I read in February 2017?

What books did I read in January 2017?

 


What books did I read in March 2017?
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