Reviews

The Intelligent Investor (Recommend)
There is a lot of jargon here and there that I really did not understand, but I was able to pick up a few things that were helpful. I learned some new terms such as common stock and preffered stock. Also, information about what performs well in an inflation environment. There is a commentary section after each chapter which made things make a lot more sense. It is hard to follow along with a lot of the math since the book isn't right in front of me and I'm only listening to it.

The Millionaire Next Door (Recommend)
Basically this book says that there are a lot of people out there that appear to be wealthy, but really aren't. They just buy expensive stuff and living above their means. A lot of wealthy people basically live modestly and hide their wealth. It also has some tidbits about how generational wealth tends to work in America. The first generation tends to be Entrepreneurial while later generations tend to be accountants, lawyers, doctors, and other high status jobs. In some of these families the generational wealth is lost, because sometimes the children become too dependent on their parent's money. I can kind of relate to that in a way. When I was living with my parents I made like $20-$30k a year most of the time. Within two years of moving out, my income shot up.

The Dumb Things Smart People do with their Money (meh)
This book was written by a financial advisor that talks about how people can act irrationally with their money. She also talks about gold and how paper gold is better than physical gold since it will trade higher because of its liquidity. I disagree with this notion though, because good luck getting paper gold in a financial system collapse. I think both have their uses. Basically the book says to invest for the long term and don't try and time the market.

The Lazy Man's Way to Riches (bad)
I almost didn't listen to this book because of the title. I was afraid that it was going to be one of those no-information-mind-set books and of cousre, it was. The first half of the book is basically Think and Grow Rich. The second half of the book is about ecommerce which also seemed a bit outdated.

Me (Recommend)
I enjoyed hearing about Elton Johns extravagent lifestyle. Interestingly, he actually was going broke at one point in the book even after his fame because he wasn't managing his money properly. He was actually leaving his finances up to someone else. He had such a high income that it wasn't a long term problem, but still. It goes to show that even high income earners need to manage their money in order to keep it.

Meet the Frugal Woods (meh)
This book is about a woman and her husband who decide to live dirt cheap for a few years while investing heavily before retiring at a young age. I felt a bit of a pretentious vibe from her, but it was a somewhat interesting story.

Talking to Strangers (meh)
Basically the book says to view the world from other people's perspectives and not just your own. Also, people tend to think their judgement is better than it really is.

Never Split the Difference (Recommend)
Cool book about negotiating. It talks a bit about fairness. It says that fairness is not necessarily 50/50. As long as both parties benefit from a deal it could be argued as being fair. This may be a bit of a stretch, but I think this can apply to evaluating a business. A businesse's worth is determined by the rate of return someone is willing to pay for. A good deal is relative to the other deals that are out there.

The Biggest Bluff (Recommend)
A female reporter turned poker player that worries a lot about a lot of things and was taught by Eric Siedel. Eric Siedel has a pretty strong mindset that I think is useful in investing as well.

You are A Badass at Making Money (bad)
Another Think and Grow Rich book. I sense that the author is in a multi-level marketing scheme. Also, the strange devotion to asking the magical universe of ultimate intelligence to give her things is a bit weird.

The Little Book of Common Sense Investing (Recommend)
Basically, fund managers suck at beating the market so don't give them your money. Also, you can't beat the market either since data shows that experts can't do it. Buying the index is good.

1984 (Recommend)
Granted, this book doesn't have much to do with investing. Just don't be a sheeple. Still a good book though.

Invested (Recommend)
Might be the best book I've ever listened to on investing assuming the claims are true. A daughter learns from her dad to invest her money in individual stocks to massively outperform the market. This book basically counters everything in the Little Book of Common Sense Investing saying you can outperform the index. It says that the market is not efficient and stocks are priced wrong sometimes because of emotions like fear and greed.