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The Cashflow Quadrant
Cashflow Quadrant is Robert Kiyosaki’s follow-up to the classic Rich Dad Poor Dad. The cashflow quadrant is essentially a cross with the letters E, B, I, S inscribed in each quarter. The letters represent the various ways of generating revenue. … Continue reading
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Crowds! Wise, Mad or both?
Illusionist Derren Brown recently started a media frenzy in Britain by apparently “predicting” the lottery numbers on live TV. In an alleged explanation of his feat Brown claimed to have averaged the predictions of 24 people, citing Francis Galton’s discovery … Continue reading
Posted in books, in the news, investing, psychology
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Wikinomics
Wikinomics: How Mass Collaboration Changes Everything by Don Tapscott and Anthony D. Williams describes how the mass collaboration enabled and encouraged by Web 2.0 technologies (including wikis, blogs and the gynormous open-source software movement) is fundamentally changing the way business … Continue reading
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The Black Swan
Black Swan review On its Spring 2007 release Nassim Taleb’s The Black Swan was hailed as a thought-provoking and radical masterpiece. In the light of recent world events it can be considered prophetic following Taleb’s chapter 14 warning: ” I … Continue reading
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Fooled by Randomness
Nassim Nicholas Taleb The Hidden Role of Chance in Life and in the Markets Tempted to entrust your hard-earned dollars to Wall Street’s latest fund management genius? Think twice, warns Taleb, the manager’s success is more likely down to luck … Continue reading
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