The Algebra of Wealth Summary (Scott Galloway): 💰 = Focus + (Stoicism x Time x Diversification) 📈
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- Опубліковано 28 лип 2024
- This is a book summary of The Algebra of Wealth by Scott Galloway.
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📚 CHAPTERS
0:00 - Introduction
2:31 - Top 3 Lessons
3:00 - 1. Wealth is"the absence of economic anxiety" above all.
4:44 - 2. Wealth = Focus + (Stoicism x Time x Diversification).
6:47 - 3. Scott's 4 big lessons from a lifetime of investing.
📚 DESCRIPTION
The Algebra of Wealth is a college professor and serial entrepreneur’s personal formula for achieving financial freedom based on focus, Stoicism, time, and diversification, which will help you eliminate economic anxiety through a combination of well-paid work, diversified investments, and good financial habits.
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Thank you❤. I learned something ❤
This was a particularly good one 👍🏻
Thank you sir!
I'm wondering if you could have TAB cycled through to the second-placed-link while placing the room tag the first time?
Uhh...what? :D Can you explain?
I'm leaving thank you
I listened to this book on audible. I found most of it a waste of time. You could summarise the book as this author has done here. You don't need to read the whole book. There are a few very basic concepts which can be explained very simply. Galloway has turned what could have been a 4 page book into something much longer without really adding anything useful. There is so much padding and fluff, it seems just so you can say you're written a book. Anyone who has read about investment will find nothing new here. It's just about the same old things of application and focus, not following the crowd, investing long term, making sure you save some of what you earn, etc, etc.
Thanks for saving me from buying it.
Personally, what I found most interesting are 1. Scott's particular stories and anecdotes with which he makes the points (which, yes, especially the last part about finance, are mostly basic, common sense financial advice) and 2. the Stoicism philosophy applied to finance. I guess this is the kind of book where, if you like Galloway's podcast and column, you'll also enjoy the book - and if you're just looking for a finance 101 type thing, then yeah, you have a lot of other options too!
There is nothing really new to learn about investing.But most people do not follow what he says,that is why they never get there.
I feel like this could be said for most if not all books. 99.9999999% fluff. Readers should stand up to the publishing industry. Everything could be an infographic at this point.
Really glad I didn't buy the book. Figured it was going to be regurgitation of Scott's usual propaganda. And I was right.