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joannawang's review against another edition
4.0
Really liked the first 3/4, had trouble finishing it at the end but a lot of interesting and applicable info
suekken's review against another edition
3.5
Nice book, interesting point of view to consider when it comes to finance. Will take some of the advice.
xie_lian_love_bot's review against another edition
hopeful
informative
4.0
tldr: let investments compound, don’t have too big of an ego, savings are important because you never know what will happen, luck and risk go hand in hand, buy ETFs and hold for decades, pessimism attracts way more attention than optimism, and everyone does finance in their own ways so don’t compare what you do to others because we all have different motives and understand the world differently
johanmirfin's review against another edition
informative
fast-paced
1.5
It was a series of poorly written articles that should have made up no more than 110 pages, dragged out over 230.
shivskewed's review against another edition
5.0
A must read book to learn about money, investing and staying wealthy. Extremely useful fundamental money lessons explained without any technical terms using engaging real life stories (the author talked about why stories are more powerful than statistics) and incidences. Although the book is a list of lessons and advices, it's so well written that you never get bored of it. In fact, you look forward to new lessons and newer examples that second those lessons. Another interesting thing about this book is all those money lessons have some really important life lessons among them, which I found totally relatable and really necessary to think about and act accordingly. For example the author writes - ”Happiness is a complicated subject because everyone’s different. But if there’s a common denominator in happiness—a universal fuel of joy—it’s that people want to control their lives." Or about failure he writes - ”Failure can be a lousy teacher, because it seduces smart people into thinking their decisions were terrible when sometimes they just reflect the unforgiving realities of risk. " The book is full of such easily ignored but extremely true statements about simple things in life. I would recommend that everyone new in finance should read this book atleast once and would love to read it again and again to remind myself of all those valuable lessons on life and money. The author ends the book by writing about his own finances before which he very aptly points out - "The difference between what someone suggests you do and what they do for themselves isn’t always a bad thing. It just underscores that when dealing with complicated and emotional issues that affect you and your family, there is no one right answer. There is no universal truth. There’s only what works for you and your family, checking the boxes you want checked in a way that leaves you comfortable and sleeping well at night."