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/biz/ - Business & Finance


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55349395 No.55349395 [Reply] [Original]

Some of my rich friends keep telling me to read books if I wanna become as wealthy as them. Weirdly enough I don't trust them. How exactly will books help me become financially successful?

>> No.55349399

It's an insightful book... for normies. 100% of it would be common sense to anyone who lurks /biz/ for a week.

>> No.55349402

read + act on it
the second is the most important

>> No.55349409

>>55349399
>implying people who browse biz are well-adjusted types
>>55349402
This guy gets it.

>> No.55349446
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55349446

Reading books is white supremecy because Black Indigenious and People of Color are statistically disadvantaged readers as a result of underfunded education and institutional racism, so when you read a book you reenforce institutional racism which is a hate crime. Lesbian Gay Bisexual Transgender Questioning Intersex Pedophile Plus community members also have difficulty reading due to their high statistical rates of autism, so you are also disadvantaging them deliberately if you read, which could also be considered a hate crime.

Your best path to intergenerational wealth is watching interracial transgender pornography because this doesn’t hurt anyone and encourages acceptace which fosters peace and love; truly the best investment for everyone.

>> No.55349458

>>55349446
He means kill all nigger faggots.

>> No.55349496
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55349496

Yes. This book changed my life

>> No.55349962
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55349962

>>55349395
Probably good as a distraction. Read finance books as last resort copium to stay away from selling your shit coins to early.
Trust me. Pic related.

>> No.55350045

here in my garage I read a book a day

>> No.55350114

>>55349395
Watch YouTube of actual information. Books are for needs. I get the same explanations from YouTube for free. Save yourself the money

>> No.55350119

>>55349395
>Weirdly enough I don't trust them.
They're trying to tell you that you are stupid and need to learn but you are too stupid to even get this.

Boy, you're stupid.

>> No.55350120

>>55349395
Have you ever read a self help book that's first point the author makes is the lessons they learnt in a self help book?

>> No.55350125

>How will learning something help me?
Is it jeet o'clock already?

>> No.55350126

>>55349496
This

>> No.55350152

>>55349395
Just a typical book by an uneducated boomer who grew up in the time when you just needed to buy a house to make x10. He went leveraged long in housing like any "Airbnb-renter"-tik tok influencer you see today and got lucky as fuck.

Imagine some moron getting rich through doge because funny dog and writing a book about it. Why would you listen to someone like that?

>> No.55350158
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55350158

You rich friends probably don't mean books written to appeal to someone with an education that stopped at the third grade, like Rich Dad Poor Dad

but you won't want to read the books they would suggest because they were written by Jews

>> No.55350190
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55350190

>>55349395
I see that fucking book everywhere, does anyone have a summary? because if it's just going to be about a guy sucking his own dick then I'd rather have kids as a fucking rabbit and still hold my OBAYC bags

>> No.55350228

>>55350190
no good financial advice ever comes from a book. in general it falls into these two categories
>mentally retarded boomer ramblings that are irrelevant to today's business/economic environment and glance over massive legs up that they realized e.g. 0% loan from family, personal or family connections, back office deals.
>outright scams e.g. fulfillment by amazon, real estate wholesaling, drop shipping, affiliate marketing, online copyrighting, and so on.

>> No.55350273

When ppl recommend the book OP posted it’s a dead giveaway of NPC status. Off the top of my head so are the 48 laws of power and how to make and influence people. Notice the type of people who suggest them. Usually normie cattle. Your first priority is to save as much income as possible and put it into investments, then read while you wait. Here are some good books. Dracula, Don Quixote, the 3 musketeers, anything from Taleb (fooled by randomness first), against the gods.

>> No.55350283
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55350283

>>55349395
>All these midwits thinking there aren't good books on business let alone books in general being good for conversation
Ngmi

>> No.55350310

>>55350190
>your house is a liability, not an asset
>if you wanna get rich, buy assets (things that produce Cashflow)
>there are four types of people: wagies, professionals, entrepreneurs, investors
>if you wanna get rich, become entrepreneur, once you’re rich, become investor

>> No.55350322

Read actual (written by people with Phd's etc) economic and finance books if you want to learn about the economy and investing

you can get the kind of advice in that book for free in youtube videos created by actual financial advisors like plain bagel, and you can get the books for free if you pirate

Also learning some about accounting and T accounts will help keep you organised when tracking your own finances

>> No.55350330

>does reading and learning help
Absoluts state of zomers these days

>> No.55350332
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55350332

>>55350273
>Taleb
Vaxmaxxed
Russian authors are unironically good at doing objective history without western revisionist lenses; my personal favorite about human psychology tangent to business is The Medici Giraffe. Antelope Hill Publishing produces some great works. Opioids for instance can be read in a single plane ride and goes through all the bad actors and how to fix the drug problem (leading cause of death of Americans under 50 and 1/3 people know someone affected by this problem). The best business book I can recommend is Ca$hvertising, because even if you optimize your product to the nines it means nothing if you can't market it. I have a few more book recommendations for people in the antiques and collectables trade, but this is enough book recommendations for now. Ideally you need to be reading 3 books a year minimum.

>> No.55350355

>>55350322
What's with the formatting? Is this supposed to be a poem?

>> No.55350378

>>55349395
I'd say it's very important but I hate reading, so I do audio books only or video programs and it has helped a lot

>> No.55350439

>>55349395
Kosher Money Podcast, make sure you listen to the ones where they try and screen non Jews at the start by mentioning it may not apply or be useful to them.

https://youtu.be/NS4xZkpQrSs

>> No.55350503

>>55350322
This is nonsense, I don't take financial advice from anyone less wealthy than I am and half these Phd types have never actually invested.

There are some amazing books out there, I listed to them on Audible when I work out.
Through nothing but books I taught myself so much, I went from an Electrician to owning a business with an 8-Figure turnover, purely through applying what I learnt from the books.

There is a lot of shit to wade through and most books should have just been an article or an essay they're one or two concepts who anecdotes wrapped around them

>> No.55350571
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55350571

>>55349395
>reading books help?

No. At least not books like this. The good information, similar to good investments, will not jump out at you. These are cash-grabs. The authors are able to remain rich and successful because stupid people keep buying their shit. They are not going to help you. They don't want you to get ahead because you're who they dump on.

Want good investment advice? Go meet some real people who have done it before. Assuming you're not a complete autist and have at least some ability to judge character. Ignore celebrity scum and follow regular people who remain humble despite their success.

Do anything other than listen to these puppets. Definitely don't buy their crap.
It's nothing more than entertainment, and even the entertainment value sucks.

>> No.55350581

>>55350322
This too.

>> No.55350595

>>55350114
Exactly. You can get all this information else where for free.

>> No.55350597

Read Das Kapital and use it as an instruction book on how to be a capitalist. Nothing has helped me earn more money than this

>> No.55350659

>>55350310
This. In my experience most finance books don't need to be read all the way through because you can get all the info from a bulleted list like this.

>> No.55352140

>>55349399
agreed.

>> No.55352175

>>55350310
give some examples of assets, that you can make money off of ?

>> No.55352186

>>55349395
Some books, yes. That one in particular didn’t do much for me at the level of financial literacy I was at, but it’s a good book for a teen desu.

>> No.55352187

Sort of. It's important to have as much information as possible, but there are diminishing returns. Reading 100 books about finance probably won't give you much more useful, actionable information than 10 great books about finance (or any other topic you can imagine).
Rich Dad, Poor Dad is fine as a starting book if you have virtually no knowledge about building wealth, but I wouldn't recommend it if you're already deep in the weeds on tax strategies or flipping real estate.

>> No.55352202

>>55349395
This faggot boomer has many failed businesses, this book was a last ditch for him, and he makes most of his money selling courses to gullible boomers.

Top kek.

>> No.55352302
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55352302

Good book but when you're done you're just stuck with knowledge you can't really act on.

>> No.55352689

>>55350332
What antiques books do you recommend?

The obvious ones are out-of-print guides to niche collectible categories like early litho and hollowcast toys, militaria, ect and how to recognize the more valuable items. I've hoarded plenty of those already.

>> No.55352728

>>55350355
It looked more clustered in the quick reply box so I decided to spread it out for readability

>>55350503
It is about being careful when looking for material to read about finances and money becuase everyone wants to scam you and its easier to fall for them the less you know about finance. The author having a phd in the subject shows they have knowledge and are likely more trust worthy becuase they have dedicated so much time to it so at the very least its a better place to start. Also they 100% have investments unless you are talking about trading.

Not taking advice from anyone less wealthy than you is a shit tier take, ever heard of survivorship bias? or learning from others mistakes? you need to judge peoples character not their networth.