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Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

Nassim Nicholas Taleb

Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets Nassim Nicholas Taleb Amazon Price: $17.82
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Customer Reviews:
Total reviews: 394 Average rating: 4.0 of 5

Editorial Review:

Now in a striking new hardcover edition, Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan–has written a modern classic that turns on its head what we believe about luck and skill.

This book is about luck–or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of trading–Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives.

The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness.

However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance.

Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared.

PRAISE FOR FOOLED BY RANDOMNESS:

Named by Fortune One of the Smartest Books of All Time

A Financial Times Best Business Book of the Year


“[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.”
–Malcolm Gladwell, author of Blink

“The book that rolled down Wall Street like a hand grenade.”
–Maggie Mahar, author of Bull! A History of the Boom, 1982—1999

“Fascinating . . . Taleb will grab you.”
–Peter L. Bernstein, author of Capital Ideas Evolving

“Recalls the best of scientist/essayists like Richard Dawkins . . . and Stephen Jay Gould.”
–Michael Schrage, author of Serious Play: How the World’s Best Companies Simulate to Innovate

“We need a book like this. . . . Fun to read, refreshingly independent-minded.”
–Robert J. Shiller, author of Irrational Exuberance

“Powerful . . . loaded with crackling little insights [and] extreme brilliance.”
–National Review

“If asked to name the five best books written about markets, Fooled by Randomness would be on my list.”
–Jack D. Schwager, author of Market Wizards: Interviews with Top Traders

“Excellent and thought-provoking . . . an entertaining book.”
–Financial Times

Influence: The Psychology of Persuasion (Collins Business Essentials)

Robert B. Cialdini

Influence: The Psychology of Persuasion (Collins Business Essentials) Robert B. Cialdini Amazon Price: $12.21
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Customer Reviews:
Total reviews: 274 Average rating: 4.5 of 5

Looking into the mind for influence 5 out of 5 stars.
0 of 0 people found this review helpful.

This book is truly amazing!

It really goes deep into the hidden psychology on why people buy things and how they justify themselves to do it...

The author supports all his theories by quoting studies that were done to assess the psychology on why people buy.

The best part is, now you can learn to turbo-charge your business by knowing why and how people will buy from you.

Definitely a recommended book!

Editorial Review:

Influence, the classic book on persuasion, explains the psychology of why people say "yes"—and how to apply these understandings. Dr. Robert Cialdini is the seminal expert in the rapidly expanding field of influence and persuasion. His thirty-five years of rigorous, evidence-based research along with a three-year program of study on what moves people to change behavior has resulted in this highly acclaimed book.

You'll learn the six universal principles, how to use them to become a skilled persuader—and how to defend yourself against them. Perfect for people in all walks of life, the principles of Influence will move you toward profound personal change and act as a driving force for your success.

What Got You Here Won't Get You There: How Successful People Become Even More Successful

Marshall Goldsmith, Mark Reiter

What Got You Here Won't Get You There: How Successful People Become Even More Successful Marshall Goldsmith, Mark Reiter Amazon Price: $16.47
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By: Hyperion
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Customer Reviews:
Total reviews: 206 Average rating: 4.5 of 5

Guide to how not to be a Jerk 1 out of 5 stars.
0 of 0 people found this review helpful.

A book full of common sense on "How not to be a Jerk". Unfortunately, if you are a jerk, you are probably not going to read the book.

Editorial Review:

America’s most sought-after executive coach shows how to climb the last few rungs of the ladder

The corporate world is filled with executives, men and women who have worked hard for years to reach the upper levels of management. They’re intelligent, skilled, and even charismatic. But only a handful of them will ever reach the pinnacle -- and as executive coach Marshall Goldsmith shows in this book, subtle nuances make all the difference. These are small "transactional flaws" performed by one person against another (as simple as not saying thank you enough), which lead to negative perceptions that can hold any executive back. Using Goldsmith’s straightforward, jargonfree advice, it’s amazingly easy behavior to change.

Executives who hire Goldsmith for one-on-one coaching pay $250,000 for the privilege. With this book, his help is available for 1/10,000th of the price.

Women & Money: Owning the Power to Control Your Destiny

Suze Orman

Women & Money: Owning the Power to Control Your Destiny Suze Orman Amazon Price: $16.47
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Customer Reviews:
Total reviews: 279 Average rating: 4.5 of 5

New Possibilities! 5 out of 5 stars.
29 of 29 people found this review helpful.

I never imagined in a million years I would pick up a book on personal
finance. I had an idea that investments and numbers were just too hard,
something I'd never understand. Reading Suze Orman's "Women & Money"
turned that notion on its head. Her warm, funny and no-nonsense book is
not only informative and empowering, it is also really enjoyable to
read. While she offers plenty of detailed and helpful financial advice,
the underlying theme throughout -and what really impacted me- is that
control of your financial destiny begins with you. How you treat your
money is an extension of how you treat yourself. Her 'Save Yourself
Plan' is about letting go of the old excuses that say 'I can't' and
letting go of the shame and blame of past decisions; it's about
empowering yourself with knowledge and starting fresh from exactly where
you are in this moment.

A wonderful companion book to Ms. Orman's that expands on these
ideas is Ariel and Shya Kane's Working on Yourself Doesn't Work: The 3 Simple Ideas That Will Instantaneously Transform Your Life. Their inspiring approach to
living in the moment (instead of in a continuous loop of worry about
the past and the future) gives you the tools to dissolve those old,
limiting stories about yourself ("I'm not good with numbers!") and step
into a life that is easy, alive, and full of possibility.

Editorial Review:

Why is it that women, who are so competent in all other areas of their lives, cannot find the same competence when it comes to matters of money?

Suze Orman investigates the complicated, dysfunctional relationship women have with money in this groundbreaking new book.
With her signature mix of insight, compassion, and soul-deep recognition, she equips women with the financial knowledge and emotional awareness to overcome the blocks that have kept them from making more out of the money they make. At the center of the book is The Save Yourself Plan—a streamlined, five-month program that delivers genuine long-term financial security. But what’s at stake is far bigger than money itself: It’s about every woman’s sense of who she is and what she deserves, and why it all begins with the decision to save yourself.

The 48 Laws of Power

Robert Greene

The 48 Laws of Power Robert Greene Amazon Price: $11.63
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Customer Reviews:
Total reviews: 510 Average rating: 4.0 of 5

My Former Bible 3 out of 5 stars.
8 of 10 people found this review helpful.

Only two types of people have been and will be attracted to reading this book: those who hope it's about one thing and those who know it's about the other. The former belong to the timid, powerless, low-self esteem majority looking for the ultimate guide to gaining respect and admiration from their peers. The latter belong to the unscrupulous, dare I say sociopathic ever-growing minority whose end goal is to win at everything against everyone by any means. Once the book has been read and fully digested, one of two conclusions will be reached. The first is a sudden awareness of what a perfectly outstanding tool they hold in their hands and the limitless rewards it can afford them. The second is an absolute disgust and horror at what a dangerous volume this is and the malicious behavior it outright encourages. Interestingly, the timid are not always the ones repulsed and the ruthless are not always the ones aroused. The wave can break either way.

Shortly after this book was published, I happened upon it in a bookstore and knew I had to have it. A blaze of energy electrified my body and pounded through the deepest recesses of my mind. I was on fire, I couldn't put it down and yet I knew I could never share it with anyone, the way a child might hide away their favorite toy. In truth I became obsessed. I had to learn and then master every element of every law and take supreme authority over every aspect of my life. Indeed, this book, The 48 Laws of Power, became my bible, the most passionate conquest I had ever sought to undertake.

Within its pages I met with the reflection of every gruesome bully and every merry manipulator I had ever known. Their power was uncanny and yet so mysterious, mostly because I could never fathom how such apparently absent minds could lay so cool yet strike with such venom. It was awe-inspiring, and I had to come to terms with their secrets. The secrets that earned them respect from their enemies and fear from their admirers. The secrets that won them the most buxom women, who always appeared so entranced by even their rudest and most audacious displays. "How could they get away with everything so smoothly?!" I had wondered. "How could they be so desirable?!" I had thought. "HOW?!"

Well...here is how. It is simple.

Some people are given to a heredity and/or an upbringing that nourishes what is commonly considered 'bad' behavior. Certain genes as well as certain parenting styles perpetuate an attitude of unruliness which leads in its purest variety to utter contempt for anyone else's thoughts, feelings, or needs. Their minds develop without a balanced set of experiences, leading them to deduce that the information they received must indeed be correct. This is also applicable to those who suffer violence in their youth, even if that violence is not carried out physically. The fact remains that whatever world with which one is presented is accepted as unmitigated truth. 'Bad' behavior is usually viewed by such a person as normal. Thus selfishness, cruelty, and manipulation are seen as strengths, while compassion, kindness and humility are seen as weaknesses.

Surely there are a bevy of other factors that cannot go without mention. High intelligence, a pleasing appearance, a particular talent, et cetra can all act as lauchpads for immorality if similar virtues in others go unrecognized as being equal. This sense of equality is what it all comes down to, in fact. The very idea of power assumes that another cannot or should not be in a position to where the perspectives of both can be viewed as equally valid. On the one end is the person who is possessed by their own image, on the other is the person who believes that they have no intrinsic worth at all. The two feed off of each other in a sadistic/masochistic symbiotic relationship. The point then comes to bear that a person who believes himself powerful only remains so long as the other believes the same thing. Put two people who both see power as the ultimate attainment and you have the setting for nearly every meeting in the business world. From here, only two things can happen. One party will cave, allowing the other to dominate, or neither party will cave, effectively precipitating resentment and rage in both. The former leads to a continuation of the cycle while the latter leads to war.

This book is extremely well-researched and exquisitely written, which is why I still give it three stars. But I warn you now to be aware of your true intentions. Buy this book if you don't care about anyone but yourself, and it pleases you to see another man crumble. Do not buy this book if you have even the slightest interest in saving yourself from years of unnecessary struggle. Remember that the wave does break both ways, and you do not know who you may become if you toss your ethics in the wastebasket. Needless to say, I was the timid one who was sick of being overlooked, but in the end, it was this book that I tossed into the wastebasket. Your call.

Editorial Review:

Amoral, cunning, ruthless, and instructive, this piercing work distills three thousand years of the history of power in to forty-eight well explicated laws. As attention--grabbing in its design as it is in its content, this bold volume outlines the laws of power in their unvarnished essence, synthesizing the philosophies of Machiavelli, Sun-tzu, Carl von Clausewitz, and other great thinkers. Some laws teach the need for prudence ("Law 1: Never Outshine the Master"), the virtue of stealth ("Law 3: Conceal Your Intentions"), and many demand the total absence of mercy ("Law 15: Crush Your Enemy Totally"), but like it or not, all have applications in real life. Illustrated through the tactics of Queen Elizabeth I, Henry Kissinger, P. T. Barnum, and other famous figures who have wielded--or been victimized by--power, these laws will fascinate any reader interested in gaining, observing, or defending against ultimate control.

Money, and the Law of Attraction: Learning to Attract Wealth, Health, and Happiness

Esther Hicks, Jerry Hicks

Money, and the Law of Attraction: Learning to Attract Wealth, Health, and Happiness Esther Hicks, Jerry Hicks Amazon Price: $11.53
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Customer Reviews:
Total reviews: 162 Average rating: 4.5 of 5

Editorial Review:

This Leading Edge work by Esther and Jerry Hicks, who present the teachings of the Non-Physical consciousness Abraham, explains that the two subjects most chronically affected by the powerful Law of Attraction are financial and physical well-being. This book will shine a spotlight on each of the most significant aspects of your life experience and then guide you to the conscious creative control of every aspect of your life, and also goes right to the heart of what most of you are probably troubled by: money and physical health. Not having enough money or not having good health puts you in the perfect position for creating more of that which you do not have. This book has been written to deliberately align you with the most powerful law in the universe—the Law of Attraction—so that you can make it work specifically for you.

Money, and the Law of Attraction is formatted in five, vibrant essays:

Part I – Processing of Pivoting and Positive Aspects

Part II – Attracting Money and Manifesting Abundance

Part III – Maintaining Your Physical Well-Being

Part IV – Perspectives of Health, Weight, and Mind

Part V – Careers, as Profitable Sources of Pleasure

Also included is a free CD (excerpted from a live Abraham-Hicks workshop) that features the Art of Allowing your physical and financial well-being to come through.

 

Getting to Yes: The Secret to Successful Negotiation

Roger Fisher, William Ury, Bruce Patton

Getting to Yes: The Secret to Successful Negotiation Roger Fisher, William Ury, Bruce Patton List Price: $18.60
By: Random House Business Books
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Customer Reviews:
Total reviews: 152 Average rating: 4.5 of 5

Getting To Yes - An Education In Negotiating Effectively 4 out of 5 stars.
0 of 0 people found this review helpful.

There are many books, articles and seminars on effective negotiation. "Getting To Yes" is an easy read that lends itself to practical application in any form of negotiation. For the price of this book there is no better value for learning effective negotiating skills.

Getting to yes 5 out of 5 stars.
0 of 0 people found this review helpful.

Required reading in most negotiation classes I am told by my professor at UNH. I think it's an excellent book, we use two, this and "Bargaining for Advantage" by Richard Shell. I personally like the shell book better as it's more methodical which my brain processes more easily. Having said that, this book is also very good.

Editorial Review:

Negotiation is a way of life for the majority of us. Whether we're at work, at home or simply going out, we want to participate in the decisions that affect us. Nowadays, hardly anyone gets through the day without a single negotiation, yet, few of us are armed with the effective, powerful negotiating skills that prevent stubborn haggling and ensure mutual problem-solving. Fisher and Ury cut through the jargon to present a few easily remembered principles that will guide you to success, no matter what the other side does or whatever dirty tricks they resort to. They include:--Don't bargain over positions--Separate people from the problem--Insist on objective criteria--What if they won't play?

The SPEED of Trust: The One Thing That Changes Everything

Stephen M.R. Covey

The SPEED of Trust: The One Thing That Changes Everything Stephen M.R. Covey Amazon Price: $10.20
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Customer Reviews:
Total reviews: 70 Average rating: 4.5 of 5

A must read for all 5 out of 5 stars.
1 of 2 people found this review helpful.

This is bye far one of the best written books I have read. I am presently on my second reading so that I may use it in the training of my sales staff.

The principle of Trust 5 out of 5 stars.
1 of 2 people found this review helpful.

Covey writes gracefully of the most needed principle in regards to managing life and business. He reminds all readers that success is hinged to the seamless practice of living inside the paradigm of trust.

Editorial Review:

From Stephen R. Covey's eldest son comes a revolutionary new path towards productivity and satisfaction. Trust, says Stephen M.R. Covey, is the very basis of the new global economy, and he shows how trust—and the speed at which it is established with clients, employees and constituents—is the essential ingredient for any high–performance, successful organization.

For business leaders and public figures in any arena, The Speed of Trust offers an unprecedented and eminently practical look at exactly how trust functions in our every transaction and relationship—from the most personal to the broadest, most indirect interaction—and how to establish trust immediately so that you and your organization can forego the time–killing, bureaucratic check–and–balance processes so often deployed in lieu of actual trust.

Emotional Intelligence: 10th Anniversary Edition; Why It Can Matter More Than IQ

Daniel Goleman

Emotional Intelligence: 10th Anniversary Edition; Why It Can Matter More Than IQ Daniel Goleman Amazon Price: $19.14
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Customer Reviews:
Total reviews: 246 Average rating: 4.0 of 5

Not a light read for sure! 3 out of 5 stars.
0 of 0 people found this review helpful.

I was recommended this book when I mentioned some very "normal" office behavior. The first few chapters lays a nice foundation on emotional intelligence and where it stems from. I found the later chapters very useful. However, I was not looking for as much depth-this felt more like a text book for a beginner psychologist.Else I would have rated it anywhere between 3 and 4.

This book did explain a lot of nuances I notice in day to day life, stress at work, family interactions and relationship, and yes explains even behavioral patterns in babies- and why baby boys are baby boys and gals..gals.!

Nice read, would recommend this book, but not if you are looking for a light introduction to EQ.

Editorial Review:

Everyone knows that high IQ is no guarantee of success, happiness, or virtue, but until Emotional Intelligence, we could only guess why. Daniel Goleman's brilliant report from the frontiers of psychology and neuroscience offers startling new insight into our "two minds"—the rational and the emotional—and how they together shape our destiny.

Through vivid examples, Goleman delineates the five crucial skills of emotional intelligence, and shows how they determine our success in relationships, work, and even our physical well-being. What emerges is an entirely new way to talk about being smart.

The best news is that "emotional literacy" is not fixed early in life. Every parent, every teacher, every business leader, and everyone interested in a more civil society, has a stake in this compelling vision of human possibility.


From the Trade Paperback edition.

Left to Tell: Discovering God Amidst The Rwandan Holocaust

Immaculee Ilibagiza

Left to Tell: Discovering God Amidst The Rwandan Holocaust Immaculee Ilibagiza Amazon Price: $16.29
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Total reviews: 380 Average rating: 5.0 of 5

Editorial Review:

Immaculee Ilibagiza grew up in a country she loved, surrounded by a family she cherished. But in 1994 her idyllic world was ripped apart as Rwanda descended into a bloody genocide. Immaculee’s family was brutally murdered during a killing spree that lasted three months and claimed the lives of nearly a million Rwandans.
Incredibly, Immaculee survived the slaughter. For 91 days, she and seven other women huddled silently together in the cramped bathroom of a local pastor while hundreds of machete-wielding killers hunted for them.
It was during those endless hours of unspeakable terror that Immaculee discovered the power of prayer, eventually shedding her fear of death and forging a profound and lasting relationship with God. She emerged from her bathroom hideout having discovered the meaning of truly unconditional love—a love so strong she was able seek out and forgive her family’s killers.
The triumphant story of this remarkable young woman’s journey through the darkness of genocide will inspire anyone whose life has been touched by fear, suffering, and loss.
 

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