Bookaholics - Book Reviewer

Things Fall Apart About Author Chinua Achebe (/ˈtʃɪnwɑː əˈtʃɛbeɪ/; born Albert Chinụalụmọgụ Achebe, 16 November 1930 – 21 March 2013) was a Nigerian novelist, poet, professor, and critic. His first novel Things Fall Apart (1958), often considered his masterpiece, is the most widely read book in modern African literature. Summary of Book Things Fall Apart is set in what is now Nigeria during the late 19th century, but it was written in 1958, as the colonial system was falling apart in Africa. And one of the reasons Things Fall Apart is so important is that prior to it, most novels about Africa and Africans in English had been written by Europeans. Achebeturned the traditional European notion of Africans as savages on its head, and confronted the great failure of people to, quote see other human beings as human beings. With characters that you can feel with and think with and breathe with, layer after layerof the reality of the colonial situation in Igboland is exposed, and we se...

The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management About Author: Alexander Elder, M.D., is a Russian-American professional trader and a teacher of traders. He is the author of Trading for a Living, considered a modern classic among traders.[citation needed] First published in 1993, this international best-seller[citation needed] has been translated into more than a dozen languages and is being used to educate traders around the world. His Come into My Trading Room: A Complete Guide to Trading was named a 2002 Barron's Book of the Year. His Entries & Exits: Visits to 16 Trading Rooms was named a 2007 SFO Magazine Book of the Year. His latest book is The New Sell & Sell Short: How to Take Profits, Cut Losses, and Benefit from Price Declines (2011). Summary of Book Freddy has always, for as long as his friends can remember, been fat. Furthermore, for as long as his friends can remember, he's been "on...

The Snowball: Warren Buffett and the Business of Life About Author: Alice Schroeder (born December 14, 1956) is an American author and former insurance analyst. In the first week of October 2008, she published The Snowball, Warren Buffett and the Business of Life, a The New York Times Bestseller List bestseller. As a project manager for the US FASB, she managed SFAS No. 113. Since 2008, Schroeder has worked as a columnist for Bloomberg News. Summary of Book: Warren Buffett is arguably the most successful investor of all time. He has been averaging approximately a 20% growth of his capital per year, which has turned his small fortune of a thousand bucks in the early 1940s, into quite an outstanding one of 86 billion as of 2018. In 2007, he became the richest man in the world for the first time, and lately he's been having a back and forth with the likes of Bill Gates and Jeff Bezos. His complete focus on investing can't be overstated. He always tried to save a buck in or...

Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger About Author: Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, former real estate attorney, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation. Summary of Book: People in general, think that the individual investor doesn't stand a chance against the professionals. Pointing to high-frequency trading and the complexity of the financial instruments that Wall Street has become renowned for, many argue that this must be true. And besides, why would the professional analysts have such high salaries otherwise? In this book Burton Malkiel argues that this couldn...

Beating the Street About Author: Peter Lynch (born January 19, 1944)[1] is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than doubling the S&P 500 stock market index and making it the best-performing mutual fund in the world. During his 13 year tenure, assets under management increased from $18 million to $14 billion. Summary of Book: So the fifth most important takeaway from Beating the Street, is that you should "Focus on the even bigger picture". Imagine that you are living in Sweden, or some other country with seasonal weather conditions. One day in the winter, the temperature suddenly drops below zero degrees Celsius. People start to panic It was 30 degrees just a couple of months ago, what is happening? Is it the beginning of the next Ice Age?  The media starts to produce daily headlines about how polar b...

To Kill A Mockingbird About Author: Nelle Harper Lee (April 28, 1926 – February 19, 2016) was an American novelist best known for her 1960 novel To Kill a Mockingbird. It won the 1961 Pulitzer Prize and has become a classic of modern American literature. Lee only published two books, yet she was awarded the Presidential Medal of Freedom in 2007 for her contribution to literature. She also received numerous honorary degrees, though she declined to speak on those occasions. She assisted her close friend Truman Capote in his research for the book In Cold Blood (1966). Capote was the basis for the character Dill in To Kill a Mockingbird. Summary of Book: This is a story about a girl named Scout Finchwho lives in Maycomb, Alabama. She lives with her father, Atticus, older brother, Jem, and cook, Calpurnia. Scout plays in the neighborhood with Jem and their friend Dill, who lives in another town. Scout is smart for her age, as she can read pretty well. However, her teacher scolds her...

One Up On Wall Street: How to Use What You Already Know to Make Money in the Market About Author: Peter Lynch (born January 19, 1944) is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than doubling the S&P 500 stock market index and making it the best-performing mutual fund in the world.[4][5] During his 13 year tenure, assets under management increased from $18 million to $14 billion. Summary of Book: Have you ever talked to someone, and when you mentioned that you're an investor in the stock market you've been asked this: "Aren't there plenty of professionals out there who dedicate their life's to earn money in the stock market?" "What makes you think that you can beat those guys at their own game?" I know many of my investor friend been asked this on multiple occasions. And It is an ...