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So I'll start first with books that I have read
Title
The Warren Buffett Way by Robert G. Hagstorm
Review
This book is about the life of the famous investor named Warren Buffett. The books start the story by telling how he started investing in his early days. Some may mistaken this book as an investing book, well, not really, though they do include some details about his investing/balance sheet. But generally, what the book tells is the general rules that Warren Buffett applies throughout his entire life as an investor. Besides, the book also mentions how he analyze a certain business/management, and im my opinion, some of the guideline shown on the book can be applied to real life at well. All in all, for those who loves investing/financial or for those who wish to learn more about this person and the stories behind Berkshire Hathaway, this is the best book around.
*Side note: Warren Buffett is the only person listed within the top 5 of Forbes 400 and he is the only person that achieved this rank based purely on investing.
Title
The Millionaire Next Door by Stanley and Danko
Review
First off, this book revolves around most of the millionaires around US (not famous names like Bill Gates, this book is all about the stories of people who has a net worth more than 1 million). This book is not sharing how lavish is the life of all the millionaires or anything like that. In fact, this book explains well the concept of UAW (under accumulator of wealth)/PAW (prodigious accumulator of wealth). Besides, they explain from the surface to the core why some people with the same level of income can be wealthy whereas some are living lavishly, but poorly. All in all, this book is very suitable for people who have average income, yet, they want to retire comfortably as a millionaire.
Title
Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not! by Robert T Kiyosaki
Review
Well, alot of us have read this book and it's one of the best seller. However, personally after reading the book. I felt that the book is abit highly overrated as an investing book. The fact is, it's not really an investing book. The reason I said this because throughout the book, it feels more like an inspiration rather than investing. However, the book does mentions some basic in investing and personally, this book is worth the read for those who are blur and new about investing.
Current book I'm looking at is The Secrets of Consulting by Gerald M Weinberg... I would like to say thank you to dreamer101 as "The Millionaire Next Door" and "The Secrets of Consulting" are both recommendations of his
Oct 22 2005, 03:28 AM, updated 18y ago
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