Joe Fairless - The  Best Real Estate Advice Ever - Book Review In a straight to the point manner, Joe shares some of the insights of his guests in his famous podcast. Learn about some of the strategies that they used in order to get ahead. I particularly like the one from an Australian investor that found a way to get to the US, by Real Estate. You can get this wonderful book here Be great, nothing else

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How Richard Feynman and a Tomato could have anything in common Well, simple. Feynman was a great learner. He found out that the best way to learn something is to simplify it to the point you could explain it well to a child. Just like Peter Lynch when he buys a stock. See the similarities? The tomato thing? Well, comes from the Pomodoro technique of study. To break it down simply: Study without interruption for 25m and stop for 5m. Keep doing the process ...

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Being a Boss Everybody acts like they are owners, but in reality they are pawns in other people's money. It is how they present themselves and who they actually are. When you see some guy with his butt up and his nose down running some wires in an Hotel, usually you see some demeanor from the "F&B Manager" or some other pseudo-assistant. It's like they look at this man like they are superior. When in fact the guy on the floor is actually a boss. He is so ...

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AntiFragile by Nassim Taleb Book Summary The main idea from this book is you putting yourself in a position where you are willing to take the hits. Comfort zone is a killer. It will numb you out of your survival and fighting capabilities. Out of 100M sperms you where the chosen one. Isn't that something? That means you have within you genetic material that holds the key to your genetic survival. If you stay in your comfort area, you are going to die. I always ...

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The Interpretation of Financial Statements by Benjamin Graham - Book Review I find it bizarre that everyone talks about The Intelligent Investor, when Security Analysis is the Original Book. I find it even more bizarre that the single greatest accounting interpretation book has gone so unnoticed, specially when it is from one the greatest investors of all time. Without further ado, here it is.  Get this book, it has, as you can expect, great insights from ...

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The Black Swan - Nassim Taleb - Book review This book is about dealing with uncertainty. I like Nassim's books. Ho do you deal with uncertainty? How do you know if it is about to play out out or not? It's funny how all financial people do DCF analysis and modeling, and i am pretty convinced that they were doing the same thing before 2008, and using the forecasts like no external factor would not through a monkey wrench on the theory. Lehman went under, ...

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Seth Godin - Tribes - book review You lead have you have people that follow you. People follow you because they see you as someone who can help them achieve their thing. Their thing is something you know a lot about. You are a reference and they want to learn how you got what you got. There are very few screeners today, no more gatekeepers. You have the power to put something online and see how it resonates with people. But it must be interesting, it ...

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Seth Godin - The Dip - Book Review I like Seth's books. This one goes to show you, you don't need to write 1000+ pages about a topic if you go direct to the point. And that is what this book is. It goes straight to the point of kicking my b... I think all of us have different interests and develop different abilities. The issue here is to stay with one you can see yourself going through the hardships that come with it. Most people are dabblers and settle for ...

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The Linchpin - Seth Godin - book review Did i tell you that i like Seth's books? Well, i do. This one is about you. Reading by itself does not change your particular world, but it does open your mind to new possibilities. All of us have different abilities, different interests. The funny thing is, like Ray Dalio says, you are operating under false assumptions. So, in order to understand where you are of most value to the world, you have to embrace the fact that ...

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Seth Godin – All Marketers Are Liars – Book review I like Seth. In this book he talks about how marketers tell stories. That is the main concept. What is the story you tell to sell your product? I've seen several presentations from Rubenstein from Carlyle Group and Levy from the Box. They memorized a story. A presentation that they tell every time they do a presentation. They don't just wing it. It is all rehearsed and prepared. Do you prepare your ...

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William Blake Notes on a Dreamer I like to see people succeed. Really do. You feel happy and somewhat special when someone is getting is or her way. William Blake was a dreamer. Poet, painter, print maker. As usual, nobody paid attention during his lifetime, today is regarded as a quarter stone of the Romantic Age. He wrote lots of masterpieces. Here are some of my favorite verses: "I will not cease from Mental Fight Nor shall my sword sleep in my ...

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Ray Dalio's Principles Something happens when you spend most of your day reading. When you keep asking. "What is it that i don't know?". Do you know that thirst for knowledge inside? It is inevitable that all of us narrow it down to the one thing that by doing it, everything else would be of less importance or irrelevant. There are a lot of self-proclaimed "know-it-all's" out there, so it it important to only listen to believable people that actually know ...

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#ABP - Always Be Positive# Sounds all about motivation, and it is. When you think about it, you create your own psychological hell or peace. You have the ability to control your state of mind. It seems, though, that our minds are on auto-pilot. No effort to have a negative response. It is a habit. Like Warren Buffett says: "Develop the habits of successful people". It is true. Control your state of mind, and you will start seeing things better. Victor ...

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#Contagious: Why Things Catch On#   This book is recommended by all of the great marketeers. There are 6 important rules for marketing: 1-Social Currency - People want to be associated with things and people that make them look good 2-Triggers - how are you reminded of the product. "Just do it" -> Nike-> Sneakers. Get the point? 3-Emotion - People tend to share what causes them strong emotions 4-Public - People follow what everyone ...

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Peter Lynch Valuation Model I have to tell you, i killed my first company and started interested in investing because of Peter Lynch. Can't get enough of his books. The funny thing is, after some years, the results i have all are closely related to his teachings. Incredible.In this year's Berkshire Hathaway's Meeting i heard Warren still comment on Peter Lynch: "Look for a company with a business model so simple that any kid could run it, because eventually one ...

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Ken Fisher - Bargain Hunters, Contrarians, Cycles, and Waves - book summary This book is the little kid of one more interesting book from Fisher called 100 minds that made the market. It has a history view on some investors like Kondratiev, Roger Babson, Charles Dow, Ralph Elliot, John Templeton, Charles Mackay, Humphrey Neil, David Dreamon, John Neff and John Putnam. My favorite was Kondratiev, a Russian economist, who was a proponent of the New Economic ...

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George Soros  - The Alchemy of Finance - Book summary I read this book several times. Also had the privilege to speak with Jim Rogers.:-) Besides being one of my favorite investors, what i like about this work, is that Soros talks about his concept of Reflexivity. Sounds complicated, but it it very simple. Economies are made of Businesses. Businesses are made of People. All of us are in the People Business. And People, being market participants have the ...

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I like Arnold, but didn't think much of this book until i read it. This is a great book. Arnold is an entrepreneur and a great salesman. Out of bodybuilding, he started a real estate company with his friend, and was selling his fitness programs by mail. After that the story is well known. I like this book because of this part that i didn't know of him. He looked for relationships and networking. Relationships and networking with people in high places that were ...

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Jim Rogers is one of the greatest investors of all time. He wrote this book, because he postponed being a father earlier. Now that is a proud papa of 2 young daughters, he created this book as a gift to his children. You will find valuable advice in life and in business by the timeless pearls of wisdom that Jim wrote in this wonderful book. The most important one, at least for me, is the fact of the importance of you preservating your own personality, and ...

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This book is about every entrepreneur? Why?well…keep reading. When you have this idea and go against the world to have it become a reality, the marketplace will not be open arms for you. Bill Ackman for Pershing Square went against MBIA when he and his team, and a lot of people that did their homework understood that a financial crisis was eminent and about to put the world’s economy to it’s knees. MBIA was not in the financial condition they said ...

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48 Laws of Power get the book here great summary by www.theantimba.com Law 1: Never outshine the master Make those above you feel superior. Do not show your talents too much, it’ll make them insecure. Make the master appear more brilliant than they are. Law 2: Never put too much trust in friends, learn to use enemies Friends will quickly betray you. Hire former enemies, they’ll be loyal. Law 3: Conceal your intentions Keep people ...

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Taking out the violence, Genghis Khan was a great entrepreneur. What struck me most out of this book was the ability he had with people. That comes to show, even at that time it is all about the way you connect with people. Khan was a problem solver and never turned his back on solving something. A successful entrepreneur is a successful problem solver. That is what you have to do. At 8 he said he would rule the world. He lost his father, and found a ...

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Steve Schwarzman, Blackstone Group Founder Net worth: $10 Billion -Blueprint Series – Very intelligent, but clearly not the technical type, he is a creator/visionary, not detail oriented. He is the salesman type, not technical. How did he do it? He studied at Harvard, and had a lot of trouble focusing on details. See his interview with the English Literature class, regarding the problems he had. He went to work for Lehman, and eventually got ...

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David Rubenstein, the billionaire entrepreneur and founder of The Carlyle Group. Net worth: $4.5 Billion How did he do it? Let’s dissect his path better. He was not happy being a lawyer. Worked in the White House for a while. David decided to open a Private Equity firm, but didn’t have the knowledge. So, he went to the Secretary of Treasury that he met, and asked him to join him. It didn’t workout because he had other interests. I’ve tried ...

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