/biz/ - Business & Finance

bumping with a suggestion that actaully has practical advice about how to think about which bussiness you get into and how to motivate employees. Can't say I've learned anything from it though.

>>16759028
Frank Herbert’s Dune.
>only those that read it will understand.

>>16759044
Yeah but how did it help YOU? Where did YOU apply the analogies in that book?
How did it help you master wagie politics?

>>16758766
Factfulness helped me to calm down, know the real state of the world, and focus getting rich. And get past the noise, and drama and propaganda we are all bombarded with every day. It's the core of the scientific method: form an opinion, get the data, evaluate.
It also helped me to realise that Bitcoin Cash is Bitcoin, and time when to enter the market.

>>16758766
Economics in One Lesson by Hazlitt.
Man, Economy, and State by Rothbard.
The Real Lincoln by DiLorenzo.
These all helped me become the good anarchist I am today. There's more, but these are good starters. Yes, it's skewed Austrian, but they have it right.

>>16759079
So it basically gave you a framework to create and then test hypothesis?
>>16759085
Yeah but where did you find them useful? What decisions did you make as a direct result of insights gleaned form those books that made you wealthier?

I read this book in high school and I think it did influence me somewhat.
Talks about the importance of financial independence and literacy. There are basic financial concepts that the vast majority of people are afraid to use or just don't understand i.e. using leverage or investing your capital instead of sitting on cash

Getting back into this one, seems to be a little outdated but still good for finding growth stocks

>>16758766
The Intelligent Investor...
I was reading that shit on December 31st, 2017, and realized "holy shit, there are sell flags everywhere according to this book! I need to sell right fucking now while I'm up because this shit is going to crash any day!"
I waited until the first hour of Januray 1st to sell so I could claim the gains on the next year's tax.

>>16759066
In the book Paul literally cucks the Spacing Guild and the Emperor/Harkonnens by destroying the Spice economy and shutting down space travel like a boss.
Hows that for “wagie politics”.

>>16759119
Pick one. Shill it to me. How will it make me money?
>>16759125
And you applied this how?
>>16759142
What does it say, in a nutshell, about finding growth stocks?
>>16759167
And when in your life did you mimic Paul Atreides, and how?

>>16759125
This.

While the real-life Kiyosaki might be slightly scammy and I would not take everything he says at face value I give him a pass because the overall lessons in his book are still pretty good.
It gives a heads up especially to those born in the lower middle classes with few connections and role models from the entrepreneurial class.

>>16759066
Oh it's you again. You make this thread all the time right?

>>16759158
This is the kind of post I'm looking for!
Just a little more detail on what kind of 'sell signs' you were seeing, but this is great - you read the book, put it into action. Also took advantage of the tax year starting a new.
Fuck yeah!
Good post!

Jurik, Wyckoff, Bulkowski...

>>16759192
>pick one shill it to me
Go suck a dick faggot. Do your own fucking work

>>16759230
Why, and be like you and spend hundreds of hours reading books and not make a single cent out of it. Then angrily lash out at people who ask you to explain any tangible payoff?
Why the fuck would I do that?

>>16759240
ok newfag

>>16759252
Glad we see eye to eye poorfag

>>16759263
why do you think i'm poor?

>>16759264
because you can't pick a single lesson from a single one of those books that made you any tangible monetary gain, and you're angry at me for even begging the question.

>>16759269
You think i didn't copy this image and actually read the books?

>>16759279
You know all this time you could be telling other anons your financial insights.
Which are.....?

>>16759296
suck 1 million dicks for 1$ each

>>16759240
gimme somen for nu'n.

>>16759192
>And when in your life did you mimic Paul Atreides, and how?
I dunno by showing up to collect my paycheck and giving zero fucks about what my bosses and customers think.
And when in your life did you mimic Tai Lopez and how? (Make sure to show your work)

>needing books to understand the world around you
gay

>>16759312
It's more like why should I invest my time reading shit books.
Do you read shit books anon?
Why do you waste your time doing that? Time = money.
>>16759322
>And when in your life did you mimic Tai Lopez and how? (Make sure to show your work)
I don't know if it's a sustainable bussiness model to be a snakeoil salesman like him though. i'd need to find the right bullshit narrative, since obviously he's got his own niche and if you want to do that you've got to do something different.
I'm thinking 'poor NEET makes good' is the basis.
>>16759334
Explain oh wise one.

>>16759201
>>16759158
Zero sense. The market went way up from Dec 2017 to now.

>>16759338
Everything has value, and since when are books only for business/making money? If you only put effort in to get something out, you're missing something crucial, Anon.
You also act like reading is an enormous task. You probably deserve to be poor. l2 speed read, l2 invest in yourself, and learn some basic manners ya faggot

>>16759361
>Everything has value, and since when are books only for business/making money?
I don't understand, this is the /biz board, why would i start a thread to speak about reading for enjoyment? That wouldn't be relevant. Have you every gained any material wealth from your reading though?

>>16758766
This is really good. Presents the case against the federal and Keynes well. I haven't gotten through it all yet, but I feel like I walk away smarter everytime I read it.

>>16759382
Hurrr I'm retarded

>>16759387
It's not strictly about bitcoin is it, it looks at bitcoin in context of other monetary systems, yeah?

>>16759431
Yes. It really doesn't talk about Bitcoin until ~page 175 (which is where I am now)

The previous chapters are all about presenting the case I think it plans to make on why Bitcoin itself is such a big deal for the financial system. It kicks off talking about early forms of money like the Rai Stones, goes into gold and silver, standardized gold and silver, gold backed paper currency, and fiat, giving the benefits and drawbacks of it all. I do feel he is needlessly harsh towards fiat, but I think he's spot on with his criticisms either way in that fiat is a disaster. Not only has this book made me a believer in the future of crypto, but it has made me a believer in shiny rocks.

I think this is the type of book that a lot of people should read to get a wide scale understanding of all this stuff and why it is such a big deal. It's humorous now that i talk to some of my friends and they fail to see the implication of bitcoin on modern monetary policy.

>>16759387
Book is complete garbage. Finish it before you start thinking its good

>>16759192
If you into Stonks!, Intelligent Investor has been the starting place of many great investors i goes through it all. Thomas Sowells Basic Economics is good, it wont make you money, but it is full of ammunition against liberal fiscal policies. Its a good read-- short and informative. Listen to the richest man in babylon on youtube, basically repeating the same wealth building principle through a variety of narratives, it was a pleasure to listen to IMO.

>>16759586
One of these days I'll read Intelligent Investor, but at the moment i don't have enough capital to invest in a stock portfolio.
I've heard Richest man in Babylon mentioned a lot, who do you think most needs to hear it?

>>16759347
Crypto, obviously

>>16759638
The financially illiterate, or those with low impulse control when it comes to money. In a nut shell, 1/10th of what you earn is yours to keep. Thats the basic rule, follow that and you wont be poor. Then invest, then reinvest the earnings, so your money works for you, and the money it produces works for you and so on and so forth until your money is like an army of golden slaves.

>>16759687
Sounds like solid, albeit basic advice.
What do you think has helped you the most?

Black Swan and Fooled by Randomness are good. You just have to take Taleb with a grain of salt because he's a gigantic asshole. Don't read anything by him after Black Swan, dude drank his own kool aid and went off the rails.

>>16759431
yes, its pretty decent for its perspective on gold and currency, but god listening to that guy talk about economics is cringe boomer tier.
It's worth reading, but don't make this the only economics book you read.

>>16759710
I've heard a few of his lectures on Black Swan and I think understand the basic idea (even though he'll argue he's "unsummarizable") of Fooled by Randomness, which much like my OP image is the mistake people make of believing that intelligence or agency is the major cause of successes.
Which one do you think is worth reading first?
>>16759766
>but god listening to that guy talk about economics is cringe boomer tier.
How so? Yeah, obviously one should get a broad range of opinions, make up their own mind.

>>16759334
> learning from multiple lifetimes of experiences and mistakes instead of just your own.

Whew lad. Is this board getting stupider?

>>16759687
To be frank, i have more money than "the average american/canadian" for my age bracket simply because i save money, i horde that shit. Not because i'm a high earner, or i won the stock/crypto lottery.( also, id say that bar is awfully low these days) Richest man in Babylon re-affirms my strategy. Most of the books on that list wont make you any money. Economics books? History of crashes? You'll just end up a risk averse schizoposter. Most of these stock market books, can simply be used as reference, not to be read cover to cover. Their basic principles can easily be found by googling, and distilled into a few lines. Im in it for the long haul, a sure bet. Ironclad consistency has made /fit/, sufficiently wealthy to not be uncomfortable, and will continue to do so reliably. So i sleep well at night..

>>16758766
There's a book called "Presuasion" that I found really helpful. My job deals with people all day 6 days a week so knowing how to prime a conversation in my favor helps a lot

>>16758766
garfield series. one about the cat

How the fuck are we on a board about business and finance and no one mentions fooled by randomness?
Even /lit/ talks about this book and they give two fucks about finance

>>16758766
These three books explain everything about company lifecycles, disruption and management. Helps to know where a company is at before investing and what types of leadership it has.
E.g. A declining business with good management will liquidate and share wealth to shareholders so it could be a good business.
Books are The four, blitzscaling, and Only the paranoid survive

>>16759846
Based and lasagna pilled

>>16759158
intelligence investor is overhyped is a fucking shit book n outdated.

>>16760020
>>16759710
Don't despair

>>16759796
>Economics books? History of crashes? You'll just end up a risk averse schizoposter. Most of these stock market books, can simply be used as reference, not to be read cover to cover. Their basic principles can easily be found by googling, and distilled into a few lines.
I've suspected a lot of this. Nice to hear another anon articulate it.
>>16759841
Cialdini presents a lot of research in a very accessible way, I approve.
>>16759846
I never understood why a NEET like Garfield hates Mondays.
>>16760259
>Only the paranoid survive
I've heard good things about this one. I always have time for something actually written by a successful executive.
I assume 'the four' is about GAAF or whatever they call Google et. al.
Searching them now anyway

I will teach you to be rich was helpful for me.
It got me started with investing (even if it's just passively) but it changed my entire mindset towards work and money.

It also paid for itself twice over shortly after I got it. I had a credit card with a tiny limit (about 25% of my monthly salary at the time) specifically to build my credit rating.

I went over the limit slightly once and, having just read the book, I called the card company and got them to waive the fee by basically saying I was a good customer and happy to leave if they made me pay it. As silly as it is, it's not something I would have thought to do previously, but I do similar shit all the time now.

>>16759240
>reading = bad

>>16760774
Please read all my posts before commenting >>16759379
> this is the /biz board, why would i start a thread to speak about reading for enjoyment?
If you are reading a /biz/ book and it doesn't make you money, you wasted your time. Wouldn't agree that you can extrapolate that to say 'all reading is bad'.

>>16760774
Depends on what you read, brainlette.

>>16760756
I need to learn this
Im a nice guy cuck with these things

Being a dick in certain situations is so imortanat. Stuff like using a minor flaw in a hotel room to get an upgrade

Haggling when buying shit in bulk etc

>>16760784
My point was that reading in and of itself has cognitive benefit, even if what you're reading doesn't have a tangible effect on your wallet, which you can't even quantify and measure 99% of the time.

>>16760817
So does playing chess and vidya. But this is /biz/ so obviously if I'm reading a book it needs to be a quntifiable and measurable in financial terms change.
Otherwise I'd be talking about how much I love Proust and Borges on /lit/ or something - not here.

>>16760827
Videogames don't have the same cognitive benefits, you're just getting cognitively better at playing videogames (identifying shapes, hand-eye reflexes, etc.)

But no, not everything is quantifiable. That's just how it is. That doesn't mean it's useless. Eating healthy doesn't have a quantifiable effect on your lifespan, doesn't mean eating healthy day after day isn't good. Smoking a cigarette doesn't have a quantifiable effect on your lifespan, doesn't mean smoking day after day isn't harmful.

Let me just say you'll be hard pressed to find a successful businessman, entrepreneur or anyone else with monetary success that will tell you that learning about other successful people is a waste of time.

>>16760891
That's now what this thread is about though.
It's about books with practical and measurable advice. Not books that may have some intangible benefits.
So... what do you think you have benefited financially from reading?

>>16759196
>slightly scammy
>SLIGHTLY

>>16760891
Not everything is quantifiable, but reading something and make money is about as quantifiable as it gets.

You read a book, you learn something new, you out that new knowledge into action, a number on an account goes up. You're talking about hypotheticals that don't really matter here.

OP is asking for something that is not particularly hard to get your head around.

>>16759028
>Your sex life definitely improve
I remember this line

>>16761248
His book basically tells you to find home owners in distress who are being foreclosed on and hustle them into selling to you 70% under market price.
And hes not wrong. he tells you to take risks and look out for yourself and be a scumbag at tines o get ahead

>>16759079
A 80 yo Bill Gates would recommend different than 20 yo Bill Gates.
At his 20, he probably read a lot of Knuth's book, algorithms, design, programming and made MS-Dos into saleable product. I would rather read such books than some 80 yo "feel good" book or some "muh geopolitics" book.
99% of books shilled here will not give you any lesson to own means of production.

>>16759079
This is the worst book you can read.
This is one of those books that tells you to not fear, not worry, be calm, everything is ok. Yeah a billionaire would definitely recommend to read this. Fucking stupid.

>>16759119
The picking depends on what intellectual level you are.
The most basic is for everyone, because everyone understand it easily. These are Think and Grow Rich and How to win and influence people.
If you pick Econometric Analysis, it's a waste of your time.

>>16760020
>

>>16759119
I've read a couple of these and can give my opinion.

>Why Smart People Make Big Money Mistakes
This one is a pretty good look into behavioral finance. It outlines with examples a lot of behavioral mistakes and incorrect thinking that people fall into. It's a short read and I recommend it, since it gave me a new perspective on discovering mistakes that I made before in the past.
>What was the lesson you took?
There are ways in which you can think about your behavior in finance to ensure you don't fall into traps that reinforce incorrect decision making.
>Where did you apply it?
It helps me apply rational thinking to all financial decisions, from investing to spending money at a store.

>Little Book on Common Sense Investing
It's not on there directly, but 2 books by John Bogle are there. It's a short read about index funds and guaranteeing the best return for the average investor (and why average is really hard to achieve). It's pretty repetitive, but the message is very important. The data it uses is very compelling. Essentially it says the same thing every chapter for about 11 chapters (invest in low cost index funds), and explains a different reason why for each chapter.
>What was the lesson you took?
Invest in low cost, diversified index funds
>Where did you apply it?
In all my investment accounts.

>>16759119
>>16761480

>Fooled by Randomness
The author of this book is really brilliant. It's a pretty technical book, but it's very importantly humbles the investor who reads it. The author rambles too much, so it will take a while to get through. There's a ton of good info in this book, but it is too technical for a lot of people unfortunately. If you have a decent understanding of entry level statistics, you can gain a lot from this book.
>What was the lesson you took?
Randomness affects your outcomes more than anything else, so understanding it and controlling it when you can, and realizing when you can't are very important.
>Where did you apply it?
Synchronizes with investing in low cost index funds, and also convinces me to diversify globally outside the US market.

>The Millionaire Next Door
If you're a mindless consumer hoping to be wealthy one day, this book should open your eyes. If you're already pretty knowledgeable about personal finance, saving, and investing, this book is really just babies first money book. It's worth reading for the majority of people, but if you're interested in personal finance, you probably already know everything in this book.
>What was the lesson you took?
Rich people aren't the people who have a ton of nice stuff, they're the people who DIDN'T buy a ton of stuff.
>Where did you apply it?
I don't buy luxuries and I am conscious of where I spend my money.

>How to Win Friends and Influence People
This book is pretty overrated. The advice I took from it was just to be a sleazy liar to convince people to like you. It's probably a good read for a used car salesman, but for running an efficient business or working on important problems with a group of people, it has some actually bad advice. E.g. "Don't ever give criticism".
>What was the lesson you took?
Tell people what makes them feel good about themselves and they'll like you.
>Where did you apply it?
Nah I didn't apply it.

>>16761412
Exactly!
>>16761424
very true too.
>>16761449
Again, very true - more to the point he's very conscious of his 'brand' nowadays so his book recommendations are going to reflect his status as a 'guru' more than be things that have changed his mind about how he's going to invest his billions hes already made.

>>16761515
Have you read Sex at Dawn?
Thoughts.

>>16761535
In case you're not shitposting, no I haven't. Soft-sciences don't interest me.

>>16761480
In your opinion would 'Why Smart People Make Big Money Mistakes' provide any utility to someone working in marketing, or is more about scrutinizing your own follies and bad purchase behaviors?
And could you go into a bit more detail about what you gleaned from it, and Fooled by Randomness?
>>16761515
>>Where did you apply it?
>Nah I didn't apply it.
Probably because that book is common sense anyway.

>>16759119
>karl marx
surely this fucking one-man circus is only on this list so that his shit arguments and infuriatingly nonsensical logic can get exposure to people who aren't so fucking retarded that they'll spend $100,000 to be indoctrinated with literature that you can find online by other retards whose life mission is to economically chain everybody via federal legislation to the weakest degenerate self-destroying fuckups that all of humanity has to offer—right?

>>16759044
God Emperor of Dune actually does have some good insight into the way the elite think.

>>16761593
Was Herbert a member of the “elite”?

>>16759198
He is trying to learn. What is your problem?
Don't want people to learn?
You must be from ratland.

>>16761570
>would 'Why Smart People Make Big Money Mistakes' provide any utility to someone working in marketing
Yeah for sure. It outlines common logical fallacies that people make in personal finance. Essentially marketing as a career is taking advantage of these sheep that can't hold dominion over their own irrational minds. It should give a marketer a lot of ammo to use.
>a bit more detail about what you gleaned from it
It has a lot of examples to rationalize thinking. Here's an example: Someone offers you the following opportunity: You can flip a coin, heads you gain $1000, tails you gain $0. Or you can just have $500 for free. Which do you choose?
Here's a different game: You have $1000. You can either take a guaranteed loss of $500, so you end up with $500 at the end. Or you can flip a coin, tails you keep your whole $1000, heads you lose everything, so you have $0 left. Which do you choose?
Each of these have the same expected return, so either option is "optimal", but if you answer to flip a coin for one game and not the other, you're not being consistent in how you decide to take risk. Usually humans feel worse about losing money than gaining money, so people tend to flip a coin to try to not lose any money $1000 in the second scenario, and then they take the guaranteed $500 in the first scenario. This is a logical fallacy of "loss aversion." There's a bunch more in the book you can read yourself.

save yourself time and read important and useful books not some "Aha I can elaborate this concept I learned into a easy reading for normies to buy my book at some Nicolas Taleb dot com and later I would say I have become scholar and don't intend to make money" book.

>>16761721
>>16761570

>Fooled By Randomness
In your investment timeline, the only thing you can know for sure is things will happen that have never happened before. Investing shouldn't be about becoming as rich as possible, but it should be about minimizing the possible scenarios in which you fail.

Consider the following: Pretend that roulette has a positive expected return. You can play the game a restricted amount of times for your investment timeline. The book would argue in a positive expected return, you should put money on black, red, and green to guarantee a lesser return, but to never lose your money. Some people would be greedy and only bet on one color, a subset of number, or only one number to try to increase their winnings. This would create the opportunity for them to fail in their investing timeline, which is far worse than not becoming insanely wealthy.

>>16761721
Sounds like Taversky and Kahneman's Prospect Theory. That would go reall well with an anon's suggestion earlier up the thread to read Cialdini's Presuasion.
>>16761732
kek, good point, learn the technical shit.
I agree with you there.
>>16761735
I think he did a video on that, is that where he speaks about strongly non-ergodic systems and how basically if you lose all your money, that's it, you're done. But if you contain your losses, then you can fight another day, invest again?
or am i getting confused with something else?

>>16761763
And yeah if you are Computer literate, eat this book within next 6 months. Things are going to change very fast very soon and unless you are prepared, the wave will be driven by only those who have already sailed.

those books are useless.

Reminder that stock prices are predictable in theory and only hard in practice.
Imagine you are God and paused the world. You know exactly who are putting value with their work and who is not plus what unforeseen event is about to happen(flood, fire, death of an VIP etc), you know exactly how much the price of a stock going to be.
It is hard in practice because you are not the God. The Mathematician is the closest to the God. And with speed of computation provided by chips, he can predict prices. It is a simple fact. You play God you win.

So let me get this straight - autistic Americans put all this time and effort into figuring out the stock market for 3% return on their investment? What's the fucking point. Explain this to someone from the 3rd world.

>Fooled by Randomness.
Down into trash. This is a low IQ book for day traders and ignorant waggies.

>>16759125
Reading this at the moment. Writing style is a bit cringy but so far I can see where he is going with the message in the book. Way too many people are stuck in the rat race and don't even think about getting out, just about getting that next consoomer item.

>>16759125
>>16759196
His book is pure common sense though. There's nothing "good" about it. It's shit you should learn in like 6th grade. If you're over 18 you should be learning actual finance, accounting, etc. to run your business. But none of these fucking books teach that because that actually takes time and wouldn't sell as well.

>Fooled by randomness
>most people are dumb
pick one you get the idea.

>>16761896
achieving a return of 5%+ with low risk on a million dollar portfolio is a great living

>>16762123
Oh, so you have a dentist that makes six figures and can retire in 20 years due to the stock market. But it's not really a thing you can get rich off, unless you run a hedge fund, and then you get rich off of other people's money. Like Soros.

>>16762192
Most Americans, myself included, can easily make 6 figures with a few years of hard work and education (actually study in school instead of saying "fuck it" like the shitskins and niggers).

>>16762227
Do people generally go with someone who manages their investments or do they invest the money themselves?

>>16761460
All conclusions in this book are based on rigorously tested statistical methodology. It is more a framework for how to think about problems that are overly represented in the media, giving you a false idea of the world's state.

>>16762311
People buy mutual funds and 401ks, both of which are often managed by other people, and think they're being clever by doing so.

>>16760020
This is definitely one of the best books if you can just ignore and laugh at his self inflated ego. Was a book of great wisdom and comedic value for me.

>>16762357
Got it, thanks.

Read this when I was 15, turned me into a Jew.

>>16762348
You mean this? You can model and prove yourself. He is Bill Nye of Finance

>>16762359
kek at the eternal NPC

>>16761986
You clearly either haven't read the book or if so, understood the implications of people being fooled by randomness.

>>16762192
Look, you can spend all of your money and have nothing when you are old and have to work until you die. You can save money and throw it into a savings account and get that sweet compound interest that is outpaced by annual inflation. Or you can invest your savings into assets that appreciate value well beyond inflation and produce positive cash flow. Income does not matter. Live within your means.

>>16762432
>>16762426
You do realise he didn't get to the conclusions himself, right? It's the statistical think tank that was started by his son that does the analysis. Hans himself was just a doctor with limited understanding of this, he just wrote the book and did talks, because that's what he did the best. Their work has been adopted by almost all international helping organizations etc.

>>16762192
Or you can do riskier plays and move into boomerstocks later. But as soon as its in the millions there is no harm in playing it save with a couple million.

t. all in shitcoins

old those books are a perfect example of how to make easy money
just write common sense advice while promissing great success in order to bait brainlets

>>16762707
Your common sense may be things the brainlets never thought about

>>16761896
Yeah we get it faggot you bought Bitcoin

>>16761460
Lybmic system as base layer, and the rational neo cortex part of your brain tacked on top.
You need to be calm to use the human part of your brain, the neo cortex, It's still small and weak in all humans. Otherwise you are being taken over by monkey-instict (emotion) which is only effective in a tribal world of caveman.
Also, why don't you disprove the facts? Fact is, there is no reason to panic.

>>16761796
Thanks

Fastlane millionaire is required reading for newfrens.

Story Brand is the most actionable business book I’ve read.

After those 2 stop reading and start failing. After 10+ failures you might succeed. After 100 failures you will succeed.

>>16761796
how long before developers and admins are out of work? should I not worry about that? I'm just a fledgling web dev who wants a decent job.

>>16762726
Thats a shame but if you're too stupid to think of such braindead common sense money saving and making techniques then you will never make it. Resign yourself to being poor and please buy my self help book.

>>16759463
>Not only has this book made me a believer in the future of crypto, but it has made me a believer in shiny rocks.

I was skeptical of bitcoin's future (my thoughts were that ETH does what it does and more so why not stick to Ethereum?) but after hearing about people hedging their wealth to fight against inflation in Venezuela, and more importantly, the bitcoin has a hard cap of 21 million coins as opposed to ETH having no cap, I realized its value. Then when I learned more about just what gives the US dollar its value, that's when I became a staunch believer in the bitcoin's future.

To really get crypto, you have to put in the research in learning about the banking system, what drives the value of currency, and more important, just how badly the US abuses its power as the country with its currency having world reserve currency status. You just know every country and their grandmothers will be researching blockchain tech to overthrow the US. This is the greatest invention of all time after the internet and if you only have a lukewarm understanding of the concept, you'll likely think it's a scam.

That being said, I own no bitcoin and don't plan on it anytime soon. Nor pic related. Only my stinky linkies are for me.

>>16764890
I think these concepts came more natural to what are now nearly 30yo boomer anons. The towers fell and we went to war, Zeitgeist(lol) came out, and Bitcoin was in its infancy. Anyone who was seriously disturbed by our country going to war and those buildings falling ended up at the end of the banking rabbit hole.

>>16761796
I took a course with Udacity on AI and Machine Learning and using the tools themselves, tools that are available FOR FREE and can do so much, really opened my mind to how drastically the world will change in the near future. We can build Neural Networks to detect cancerous moles, we can teach programs to play games, and Google just announced their Duplex Assistant that can handle a simple conversation. Between this and smart contract development, too many white collar jobs are at risk of going obsolete.

>>16764991
It seems as though the Microsoft Paperclip will soon be capable of doing pretty much anything for you. I think there will be freeware and subscription based systems available, but essentially you will have a virtual desktop assistant that can automate many tasks or your life or business, be your personal tutor, and even to an extent your therapist/doctor with next gen IoT biosensors in the future.

Really makes you wonder how long the average dev/designer will have a job when you could essentially provide your parameter to a "smart virtual assistant" AI that can build out your webstore, copywrite, etc.

>>16765025
Outside of business, A.I. is coming for the lunch of artists as well. Anyone in the middle of the bell curve will be facing a higher bar of standards built on A.I. that makes your skills seem trivial. Even if this trend takes 50 years, it would still be wise now for developed nations to take advantage of economic liquidity tech like blickchain DLT in order to provide society with enough cushion not to chimp out and burn this mother down.

>>16764920
That's the other thing, it wasn't till recently that when I learned about the USD, so many things clicked. The Libya incident in taking down Ghaddafi and the Wikileaks emails about rummaging for his gold, the proxy war in Syria, and I'll have to look back at the Iraqi war. Ghaddafi intended to create his own currency to use across Africa and wasn't going to accept US currency for his oil. That would kill us if it gained traction. Syria was going to allow Iraq to run a pipeline through them to sell oil to Europe, once again, a threat to the US if they're not using the US dollar for trades. And I've heard that Iraq initially wanted to build up their own currency for trading oil back in 2002 which prompted the Iraqi War and the search for weapons of mass destruction. A currency that topples the US dollar IS a weapon of mass destruction so Bush wasn't lying if this was the motivation.

I really need to inspect this rabbit hole you speak of to help fill in the blanks.

>>16765056
>Ghaddafi intended to create his own currency to use across Africa and wasn't going to accept US currency for his oil.
Ghaddafi wasn't a good person but his fall is a very re-searchable modern example of how U.S. "foreign policy"/TPTB/global banking interests operate. You bend the knee or end up like Abkhazia, Bolivia, Cuba, Iran, North Korea, Russia, and Syria... Check out "Russian Ark", that is a very surreal starting point for forming a mental timeline of the shift of powers/money since the 19th century.

Institutions like the world bank and international monetary fund really strike me as well. The inflection point for all of this is the aftermath of WWII. I really couldn't tell you how the American Nation was swindled into going off the gold standard and allowing their entire economy to be controlled by a foreign printing press backed by nothing.

>>16758766
Efficiency by Wall Street Playboys

>>16758766
meijn kampf

Fuck me, this thread still going.
>>16762707
This is the true redpill.
Anyone promising to make you make you rich for a fee is really making themselves rich at your expense.
>>16764153
>Story Brand is the most actionable business book I’ve read.
How so? Found a pretty interesting review on Goodreads.
> Villain should be personified. E.g. time management software stops distractions in its tracks, because distractions dilute potential, wreck family, steal sanity, cost time and money.
I like that! Women especially fall for that. Got to break everything down to the anthropomorphic cartoon level.
>>16765874
Why? How did it help you?

Bachelor Pad Economics. Useful for 20-25 yo

How to get money

1. Get a job
2. Don't spend the money you get
3. Invest it e.g. housing, crypto

No need to thank me for my infinite wisdom

>>16768336
>1. Get a job
You mean "become an employee"? If that's how we understand it, then there are a lot of people who didn't "get a job", who got rich.
Maybe your advice is the opposite of a good advice?

>>16768336
>3. Invest it e.g. housing, crypto
So it's like magic: you "invest" and boom you get money out of nowhere?
More like "inflate", inflate the bubble.
Or maybe there is something that makes investing different from inflating. What is it?

>>16768336
Fucking idiot or baitposter

>>16760020
i have browsed lit for 2 years and 4 1 will state LIT does not actually read it, theres a resident taleb poster and you get the same redditistas scruffing finance is nigga marx piss, im in college etc
lit is realy fucking stupid

>>16768336
Great, so when are you hiring me anon? I won't accept lower that 60k a year.

>>16760361
Okay, that's why you got nuked after 2017 and type like an illiterate nignog.

>>16761515
>don't ever give criticism
this is true. you mask criticism through prompting self awareness by a series of questions to reveal a person's faults. if you give criticism you're more than likely going to receive a defensive attitude that is unwilling to absorb the criticism no matter how accurate it is. this tactic of not criticizing people and using my superior intellect to expose another person's short comings has yielded amazing results. i currently manage 25 people and the problem workers have done a complete 180 and come to terms with their deficiencies and corrected them. all it took was a series of questions. brainlets take the criticism route.

>>16768377
name any. inheritance doesn't count.

>>16769554
What exactly are you asking to give you examples of?
A person who was not working for someone, who was an owner of a business from the beginning? Any business owner who wasn't an employee in that business. You want me to name all of them or what?

>>16769604
being self employed is still a job. also the majority of those who just 'started a business lel' had wealthy parents to fund their startup.
it's not a generally applicable strategy

>>16769701
if being self employed is still a job, then that's a good advice (to get a job), I guess. But I'm not sure.

>>16769701
The generally applicable strategy is take on a mountain of debt for undergrad, buy a house you can’t afford, and have children forcing you into indentured servitude until death. Good plan goy.

>but barely anyone succeeds in business!
Fucking loser

>>16769554
The real question is how does the expression 'get a job' count as good advice when it doesn't tell you how to get a job? Let alone secure one with enough income that you can diligently save money to put in investments.

>>16770684
stfu and get a job, moran

>>16770716
>moran
How did you know I'm the lovable drunk from Black Books?

>>16768377
Yes you become an employee. You can start a business if you have enough know-how and want to take a risk.

>>16768432
Yes, you invest and get money, that is what happens.

>>16769264
Ok

>>16769289
I think you need to aim higher

>>16771236
What is the difference between investing and inflating the bubble?
What is the difference between investing and being a parasite?

>>16770716
>moran
>in a thread about books that help you
My fucking sides

>>16771263
Idk
Nothing really

>>16771236
Why are you offering vague, non-actionable advice in a book about specific, actionable advice that has actually helped anons, and the books that contain them?