/biz/ - Business & Finance

[Anonymous No.10722857]

Discuss.
IMO required reading for /biz/.

[Anonymous No.10722864]

>>10722857
Entry-level tier, for getting you to think outside of the employer-employee paradigm.

[Anonymous No.10722918]

I haven't read it, but I bet you 100k stinky linkies that it's just "let your money work for you" spread out over 200 pages.

[Anonymous No.10722976]

>>10722918
do you have any recs?

[Anonymous No.10723002]

>actually reading pop shit like this

These books are written to make money themselves, not inform you

[Anonymous No.10723023]

>>10722918
50% of the book is what you described. The rest is his childhood stories with his "rich" dad.

Seriously, one the worst books you could read.

Start with intelligent investord entry level

[Anonymous No.10723030]

>>10722864
this, it's a good start to begin with shifting your wagecuck mindset into actually living life on your (financial) terms

[Anonymous No.10723033]

>>10722857
Agreed

[Anonymous No.10723052]

sergay won't pump it unless he knows you'll be happy

[Anonymous No.10723071]

I read it when I was like 16 I think. Good book if you are just getting "redpilled" about money/life/work. Basically the book is aimed at kids I think. Personally idc if he had the rich dad or not. Every kid should read a book like this. Funny thing is that I heard about it when a woman from the rich dad company came to my school giving a lecture to my class. Basically btfo ing wagecucks and telling that if you want big money you have to make your own firm and let your money work for you. Didn't look like my classmates gave a shit though.

[Anonymous No.10723087]

>>10722976
read a technical book about technical analysis, quantitative analysis or portfolio management. look for the standard recommendations for the field that interests you (and that you have the skills for). it's probably no casual read, but it won't be a waste of time.

[Anonymous No.10723102]

>>10722857
NNT’s whole bibliography is mandatory.

[Anonymous No.10723152]

>>10722857
people will say its crap, its a way for them to larp as enlightened gentlemen.

Its a good book. acquire assets and have those assets pay for your liabilities. He does it with real estate. We can do it by investing in things like leasing WAVES tokens to collect network fees.

10/10 would sleep with his wife.

[Anonymous No.10723155]

>>10722857
It’s a basic tier business book. Does nothing for you other than suggest that hey, you could create jobs for yourself and hey, personal finance is like corporate finance. Read the millionaire fastlane it is much more patrician despite the meme name

[Anonymous No.10723180]

>>10722857
damn, Jet Li does not scale with age
oh well...

[Anonymous No.10723192]

>>10723155

>millionaire fastlane

Is the front cover a pic of a fucking lambo? Edgy as fuck.

[Anonymous No.10723202]

>>10723192

Oh god I just checked and it actually fucking is.

INTO THE TRASH

[Anonymous No.10723203]

>>10722857
the only good book. the one and only fucking good book is One Good Trade by Mike Bellafiore. not about the actual trading, but about the psychology. any other book is just memeing on your gullibleness

[Anonymous No.10723260]

>>10723202
Don’t. It is a genuinely good book.
You’ll know why the title is what it is and the pic is what it is if you read it. He even says one of the ways to get rich is to write a book about getting rich. It’s pretty meta. Don’t read, stay poor if you want, goy kawasaki offers no value beyond a basic high school econ class

[Anonymous No.10723359]

>>10723152
Agreed. Don't listen to those that crap on others due to jealousy of success. It is an entry level book but that's what you want to read and learn about money. His youtube channel is highly informative as well. Btw, he's a believer in crypto and thinks people should invest in it

[Anonymous No.10723436]

>>10723260

So it is like all of those shitty ads on youtube with betas standing infront of a rented lambo saying, "I am a millionaire at 17, you can be took! Just sign up to my super secret shit tier course and I'll teach you the ways of becoming a rekt bagholder while pocketing your wages"

[Anonymous No.10723486]

I'll just leave this here

[Anonymous No.10723536]

>>10722857
imo retarded as fuck bunch or lies and hearsay then he basically laughs in your face

[Anonymous No.10723545]

A better Investor than Goy Kawasaki.

[Anonymous No.10723569]

>>10723202
i just seen a very good advice...
basically all you have to do is double your money. just do whatever it takes to double it! then again and again. you only have to do it a few times too make it.

so eeezy right?

[Anonymous No.10723584]

mastering bitcoin
mastering ethereum

how can you invest in something you don't understand?

[Anonymous No.10723594]

>>10722864
Yep, he is right

[Anonymous No.10723598]

>>10723486
https://mega.nz/#F!1R0QATqZ!Eb1_M5KC9gkxK6w32R2ETw

Here's the link btw.

[Anonymous No.10723609]

Unrelated to the book, but does anyone know if Philip A. Fisher (author of Common Stocks and Uncommon Profits) is Jewish?

[Anonymous No.10723732]

>>10723359
He is also deep into silver/gold and FUNS. a true patriot.

[Anonymous No.10723752]

>>10722918
don't forget the, buy low sell high, mantra.

[Anonymous No.10723767]

>>10723260
No the fuck it's not. The entire book is a terribly written biography of the guy and his advice to be a millionaire is to invent something or automate something

[Anonymous No.10723791]

>>10723609
Fisher is a Jewish name, so most likely.

[Anonymous No.10723876]

>>10723152
Why are you so retarded
This is the same as renting your hard drive space scams
Same scam tactics
Only muh blockchain
Nigerian prince next I guess

[Anonymous No.10723911]

>>10723486
> Rich guy will write a book to make you rich
Ark grade delusion

[Anonymous No.10723964]

>>10722857
This is aimed for teenagers
Doubtful he ever went to vietnam and whatnot as well

[Anonymous No.10723975]

>>10723964
it's fiction but he tells you straight up what to do:
>write an info product
>make fools buy it
>profit
>see? EZ money

[Anonymous No.10724012]

>>10723087
>a technical book about technical analysis
any recommendations?

[Anonymous No.10724013]

>>10723975
Well if it impresses people and gives them more confidence in what they're doing then bless it. I do think he's good with money

[Anonymous No.10724021]

>>10724012
Schabacker

[Anonymous No.10724028]

>>10724013
That's like going into an MLM scheme and attending the motivational seminars/webinars to go out and sell/recruit more lmao

[Anonymous No.10724040]

chink dad
gook dad

[Anonymous No.10724066]

>>10723486
half those books just tell you to invest in index funds. which is not what the gambling addicts here want to hear

[Anonymous No.10724201]

>>10722864
Well I don't want to start there. What's a good mid-tier book I can enjoy reading?

[Anonymous No.10724219]

>>10723732
FUNS?

[Anonymous No.10724232]

>>10722857
im actually reading this book now. really not bad. its basic but it is better than the dave ramsey strategy. leverage debt to acquire assets and let the cash flow work for you overtime is the way to go.

[Anonymous No.10724341]

I read the first half of the .pdf. It was OK

[Anonymous No.10724343]

>>10723486
>marx
Pass

[Anonymous No.10724345]

>>10724219
ARE SAFU

[Anonymous No.10724346]

>>10724232
>leverage debt to acquire assets
ehhh?
Dave Ramsey made sense to me because I'm a retarded subhuman but c'mon it was good I think

[Anonymous No.10724370]

>>10722857

gold and silver are relics of the past, held them, then sold them
believe it or not, blockchain and crypto are the new gold

[Anonymous No.10724378]

>>10724370
>relics of the past
>literally need gold and silver to conduct the microchips used to invent bitcoin in the first place

[Anonymous No.10724385]

>>10722857
The guy faked his story and you can condense his good advice to a sentence-save first then live off what you have left, invest in yourself, buy appreciating assets.

[Anonymous No.10724521]

>>10723002
>not reading Trumps books

not only are they dirt cheap due to liberal hysteria, they will become classics now hes president

[Anonymous No.10724554]

>>10723152
WAVES for those sweet passiv gains on the tokens.

Mercury airdrop, sheiiit several thousand of $ worth in december, didn't sell because muh fucking finanzamt that would have take a big part of it.

[Anonymous No.10724654]

>>10724521
I have a signed first edition of "The Art of the Deal". Will I make it?

[Anonymous No.10724760]

>>10723964
dude he went to vietnam. I doubt he would have lied about it for this long and not been exposed. Ohh and the photos of him being in country during the war is proof that he was there.

[Anonymous No.10724774]

>>10724219
visit /k/

[Anonymous No.10724784]

>>10724554
>>10724554
Just wait till Smart Contracts launch. That and all the trading will happen on the Waves DEX no need for Binance or those other centralized relic exchanges.

[Anonymous No.10724813]

>>10724784
I hope you have a bunch of coffeecoin.
those sweet nearly free coffee coins each month since I got into it so cheap (and it is still fucking cheap)

[Anonymous No.10724814]

Your Money or Your Life by Vicki Robbins

[Anonymous No.10725023]

>>10724813
Coffeecoin is an live use case for tracking food on the blockchain. I don't have any but they seem like nice people.

[Anonymous No.10725037]

>>10722857

[Anonymous No.10725077]

>>10725023
Food?
Only coffe.
From the farmer/roater directly to your front door.
Currently testing different kind of things, too bad the last update fucked with the DEX a little so that interfers with everything.

But it is cool since they are one of the very few with a live usecase that is working.

[Anonymous No.10725140]

>>10722857

[Anonymous No.10725186]

just picked this up

first few pages were pretty good

[Anonymous No.10725263]

>>10724346

Dave Ramsey is for financial retards like AA is for alcoholics. Rich Dad poor dad is more equivilant to making a small time crack dealer into an international drug kingpin by realising the game has more possibilities than just slinging to rock to junkies until you get shot dead.

[Anonymous No.10725351]

>the talmud
I'm only half joking.

learn as much about jews as you can. These people understand wealth

[Anonymous No.10725580]

Paradigm breaking and gets ya in the right mindset. Escape the rat race, aquire assets so you have financial freedom and can aquire bitches. Simple, effective, your house is a fucking liability cunt.

This shit should be taught in school but I'm glad it isn't because it is basic and the idiot masses that ignore it make for easy competition.

[Anonymous No.10725667]

>>10723033

Thatt pic is all I needed to see. Looks like his book is just a wagie thread without the entertaining pictures.

[Anonymous No.10725699]

>>10723598
Thanks

[Anonymous No.10725723]

>>10725351

Reading this book actually did make me a better investor. Better at thinking logically and keeping control of my emotions, in general. Just don't try to tell other people about the concepts in the book. They will think you are crazy.

[Anonymous No.10725733]

>>10725580

And there won't be any competition because of how retarded normies are. I try and explain basic shit (basically rich Dad poor dad stuff) to my poorer friends, most of them nod and smile then go back to buying $5 coffee every day despite not having a single dollar in an investment portfolio.

[Anonymous No.10725769]

>>10725733
Yeah and even thoughs that are fans only a small portion actually do anything. Basically the pareto distribution is easier to get ahead in than I first thought before I started reading this kind of information and experiencing what most people are like day-day.

[Anonymous No.10725819]

>>10724343
LOL brainwashed sleepers agent. marx was a genius

[Anonymous No.10726253]

>>10725263
well put
>>10725351
they understand how to extract wealth, not create it

[Anonymous No.10726685]

I don't think anyone on /biz/ is literate

>>10723260
>It is a genuinely good book.
it's is so retarded it hurts, I can imagine the person this book resonates with is some kind of delusional guido, just like the book's author
>inb4 hurr durr slowlaner

[Anonymous No.10726740]

Actually a decent business book

[Anonymous No.10727414]

>>10723002
>These books are written to make money themselves, not inform you
THIS. You'd do way better reading a bunch of Tony Robbins, Napoleon Hill, and this guy's books and then writing your OWN 'How to Get Rich' book and starting a workshops franchise.
There is a lot of money to be made in giving people false hope in becoming rich

>>10725037
How the fuck is this a /biz/ book? The only part that I can see is relevant is the part where he says don't watch the hands, feet, or eyes but try and read the 'soul' of your opponent and anticipate their next move rather than trying to look for some cues or tells. That is primo advice for negotiations, interviews, dealing with colleagues and underlings and bosses and BTFO all body language code bullshit.

>>10725140
Is that his collection of maxims and proverbs?

>>10725186
I've heard good things about this. Summaries suggest content is on-point

>>10725723
Good choice. The author was is a legit cognitive scientist if I remember correctly. Learning about how lazy the brain is and how people fall back on heuristics and learning the power of framing effects will help you in every aspect of business and life.

[Anonymous No.10727709]

I hated Robert K. I only read about 20 pages, the tone sounded fake as fuck and I could tell the guy was just an author. If I read it when I was 15 maybe I could have enjoyed it.

I really liked 4 hour work week and millionaire fast lane. Really your time is your most valuable asset in this world, I tell this to wagies and they just stutter out but but but... no buts just fucking make a product and sell it.

I know, wheres my success, its coming fuckers Ill post here to gloat within a year.

[Anonymous No.10727777]

>>10727709
>millionaire fast lane

good book but forum is full of pretentious cunts

[Anonymous No.10727778]

>>10723087
except those subjects only matter if you want to work in a hedge fund

[Anonymous No.10727807]

>>10727777
Checked good book and summary, the main key is generate passive income
https://fourminutebooks.com/the-millionaire-fastlane-summary/

[Anonymous No.10728057]

>>10727777
Nice any other recommendations?
>>10727807
Got any other picks?

[Anonymous No.10728078]

>>10727709
>no buts just fucking make a product and sell it.
Please elaborate? I've been told similar things by friends who are familiar with my skillsets and they are earning decent money but I can't figure out the selling/marketing part.

[Anonymous No.10728084]

>>10726685
t.slowlaner

[Anonymous No.10728135]

>>10728078
4 hour work week will give you some parameters to work with.
-you must be one of, and therefore understand your target market
-you need 5-10x profit margin (I'm settling for 2x but there is expansion opportunities in my niche)
-try to sell @ $50-$120 so you get a decent marketing budget (basically impossible to be profitable if you only make .10 per sale)

I wasted a lot of time coding apps, you need a profit margin in order to advertise, which is key for growth. These elements are all ignored in consumer apps with the tech venture capital culture which I consider cancerous. That industry is all about speculative flips which just annoys me. There is something really great about having an invention, communicating it to others, and then making a sale. This you don't see in app development (maybe turbotax type apps yes)

[Anonymous No.10728294]

>>10728135
>-you must be one of, and therefore understand your target market
Ooofff... Difficult for me, but if Ted Levitt taught me anything there's more than one way to skin a cat... duhhhyaa I mean.. more than one way to segment a market
>-you need 5-10x profit margin (I'm settling for 2x but there is expansion opportunities in my niche)
>-try to sell @ $50-$120 so you get a decent marketing budget (basically impossible to be profitable if you only make .10 per sale)
If I remember correctly there's a number of strategies in the book that tell you how to test price points, yes?

>you need a profit margin in order to advertise, which is key for growth
A lot of this is about finding the right category of product/service isn't it?

[Anonymous No.10729135]

>>10724013
you do understand that you are holding his info product making him money right? so basically he didn't help you he helped himself.

[Anonymous No.10729163]

authour gets rich by selling u a book....its like u want to be just'd

[Anonymous No.10729214]

>>10722857
>taking advice from a gook
>thinks he'll make it

[Anonymous No.10729291]

>>10727778
I disagree. Technical analysis is probably the most practical, but the rest can be quite insightful too. There is no reason why you couldn't use those strategies with a smaller account. You need some math skill though.

[Anonymous No.10729386]

Read Rich Poor daddy in 2 sessions i think it was a good read. Ultimately anyone who isnt complete faggot already know all this. It is very general and i would recommend it to any highshool student.

[Anonymous No.10730159]

rice dad poor dad - ricardo wasabi

[Anonymous No.10731025]

>>10730159

Rich decisions poor decisions - Rudyard watanabi

[Anonymous No.10731139]

>>10724066
But is that good advice?

[Anonymous No.10731153]

>>10722857
bluepilled literary popcorn for wagecucks

[Anonymous No.10731915]

>>10723436
Don't get me wrong, the book is literally just basic common sense "Work really hard and it'll work out if you just keep trying and trying", but he says very early in the book that gurus are a scam, there is no way to quickly get rich, and hard work and dedication is the only way to quickly build wealth.

[Anonymous No.10732496]

>>10722864
Any recommendations for some material that is after entry-level?

[Anonymous No.10732533]

>>10725263
Awesome analogy

[Anonymous No.10732633]

>>10731139

(((yes goyim)))

[Anonymous No.10732673]

i have a business idea anons...
in the modern world more and more realizes there must be a way to conveniently and in a trustless manner to manage / handle their digital legacy.

which could include crypto wallets and whatnot.

so i want to make a service that is basically free to use for most people but it has a few paying features like sms alerts or phone call alerts or execution of will service which most people will simply not use.

the site would allow you to upload your digital legacy in "treasure boxes" which are basically encrypted binary files the site can not access the contents of. the site will further encrypt them to increase security and store them in a big cloud service that has high reliability.

so you give the key to decrypt your treasure boxes and the links to download them to your relatives. and when they try to download it the site alerts you there is a period where you can reset the download with a click after you logged in and have a talk with said relative about accessing your favorite porn collection or btc cold wallets before you died.

obviously the site offers key sharing mechanisms and maybe downloading the digital legacy is a paying service by default. there is a small fee that can be optionally payed up front when you upload it. not sure about that but somehow it needs to generate some cash flow and pay for the infrastructure.

you can provide description and funny pictures for your treasure boxes that hint about their content but that's just some sugar not important.

the question that i can't decide is how much client side software support it would require. i mean you can just zip something with a password and upload via http to the site and set grace period and warnings and generate access links and share the keys and links with your loved ones it's that simple in the core. but i have a nagging feeling most people in td would not use it because it's too complicated for them.

[Anonymous No.10732694]

>>10727414
it's a fancy box set, of which book #4 of 5 is the maxims and proverbs

[Anonymous No.10732769]

>>10722857

In his book. I wonder if he still thinks Donald Trump is his hero.

[Anonymous No.10732817]

>>10723102
What is this?

[Anonymous No.10732827]

>>10723486
Fucking books.
It's a waste of time and money.

[Anonymous No.10733306]

>>10732633
i'm pretty sure it's good advice actually

[Anonymous No.10733316]

>>10723102
who is NNT
crypto nick?

[Anonymous No.10733347]

>>10733316
>>10732817
Nassim Nicholas Taleb

[Anonymous No.10733358]

>>10727414
Japanese business men have been really into it for centuries supposedly. It gives you good general strategy and mindset advice.

https://www.amazon.com/Book-Five-Rings-Executives-Competitive/dp/1857881346
Don't know how good this book is, but it's an example of somebody interpreting The Book of Five Rings for business.

[Anonymous No.10733370]

>>10725723
This is one of the single most influential and important books that I have ever read. The work that Kahneman and Tversky did has changed the world - or at least changed mine. I strongly believe this should be required reading in high school.

[Anonymous No.10733420]

>>10733358
Also, article about it from 1982.

"American executives, befuddled over Japan's growing industrial dominance, are turning to a 337-year-old book on Samurai sword strategy to try to learn the mystique of Japanese business techniques."
https://www.upi.com/Archives/1982/02/28/Japans-Answer-to-the-Harvard-MBA/2823383720400/

[Anonymous No.10733448]

>>10733358
the book of the five rings was an interesting read, but much is lost in the translation alone interpretation would dilute it to piss.

[Anonymous No.10733459]

>>10733448
Yeah true.

[Anonymous No.10733463]

>>10733420
that's japans version of autism don't mind it...
btw the fifth book is the best if you don't have time just skip to it!