Ray Dalio built Bridgewater Associates out of his small New York City apartment in 1975. Bridgewater is now considered one of the most successful investing firms in the world, and Times and Forbes have deemed him one of the world’s wealthiest, most influential people alive. In this book, Dalio distills decades of knowledge and experience into guiding principles for getting all that we can out of life. According to Dalio, it all begins with fundamental truths that equip us to achieve our personal and professional goals.
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11 Minute Read
Napoleon Hill was once a poor Appalachian boy. Orphaned at thirteen and poorly educated, he joined the newspaper business. After several years as a journalist, he had the good fortune of landing an interview with business tycoon Andrew Carnegie. Carnegie could see that young Hill had grasped the secrets of business success that Carnegie had been elucidating. Carnegie commissioned Hill to interview 500 successful individuals, learn their stories, and distill guiding principles of wealth acquisition that could be shared with the general public. Think and Grow Rich is a bestseller from 1937 that illuminates critical steps to success from Hill’s twenty-year project of researching success and interviewing tycoons and politicians like Teddy Roosevelt and Thomas Edison. What it all comes down to is the connection between outlook and making it rich. This book teaches you how to harness thought and turn it into wealth.
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7 Minute Read
How do we make sense of the disparity between the rich and poor? Why do some nations prosper and others fail? Daron Acemoglu and James A. Robinson argue that the common explanations of geography, culture, and ignorance are all inadequate. The answer to the question of inequality is found in institutions. Some nations have political and economic institutions conducive to growth while others do not. Why Nations Fail tells us why popular hypotheses don’t work and why institutions are the true difference makers.
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In the 1991 comedy City Slickers, there’s a memorable exchange between the film’s protagonists, in which the older, sage figure tells the younger character, “Do you know what the secret of life is? One thing. Just one thing. You stick to that, and everything else don’t mean sh*t…. That’s what you’ve got to figure out.” Gary Keller (co-founder of the world’s most successful real estate company, Keller Williams Realty) teams up with his editor, Jay Papasan, to convince the world that this is the soundest advice out there, that to find and pursue that One Thing is the key to a life that is simpler, less stressful and more meaningful.
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Wouldn’t it be nice if there were a way to earn and accomplish far more while working only a fraction of the hours you work now? Turns out there is a little-known, rarely-exploited, economic principle that can help you do just that.
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The twenty-first century has brought new economic tumult and risks, but also new pathways toward gaining financial freedom. The problem is that most people are still sold on popular myths about wealth creation that prevent them from making the most of these opportunities for personal enrichment. The Business of the 21st Century sets the record straight, and explains surer, proven methods of building wealth than conventional employment. This book is for anyone who is climbing the ladder and tired of looking at the rear of the person just above him.
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by John Doerr
When starting an organization or business, it is imperative to have a reliable organizing principle. When John Doerr worked at Intel in the 1970s and 80s under Andy Groves, arguably the best manager of his generation, Doerr learned a simple management strategy that has empowered wildly successful companies and individuals to become world changers. In Measure What Matters, Doerr shares that secret with the rest of us.
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Readers of the world, unite! You have nothing to lose but your ignorance! For all the Che Guevara T-shirts and “power to the people” chants, how many people know what Communism advocates? Find out what Karl Marx and his colleague Friedrich Engels actually believed in The Communist Manifesto.
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Economist Thomas Sowell argues that single-factor explanations of disparities between individuals and groups (e.g., genetics, discrimination, or exploitation) fail to take life’s complexity or basic probability into account. Sowell reviews studies across numerous disciplines to build a case that misunderstanding the causes and acting on half-baked definitions of discrimination have often led to policies that harm the very people those policies were designed to help.
Read on for key insights from Discrimination and Disparities.
11 Minute Read