Showing posts with label book review. Show all posts
Showing posts with label book review. Show all posts

Sunday, December 5, 2010

Invisible Walls by Peter Seidel




Peter Seidel, an architect by profession writes about the global problems we face now and how inadequate our politics, psychology, and management of the crisis is. He writes in detail the limitations as humans to face the ecological problems we have created. It is an excellent book and it can be a primer for people concerned about global problems that have their root in the activities of every one of us.
The danger of perpetual growth syndrome, over population, sprawling cities, global warming, misuse of democracy, manipulation of minds by advertising, ills of materialism and consumerism  are the main subject matter. Another important discussion in the book is  how non sense and temporary solutions are adopted instead of long term solutions for permanent change and also how as citizens we can be manipulated and our priorities are changed by constant advertisement of consumerism is explained in detail. As concerned citizens we have to keep ourself aware of politics without which the face of democracy will change completely unless protected
by informed citizens. Although a good read about the problems and our limitations to deal with them, the solution to the problems are hard to implement in a society completely overtaken by temporary gratification.
We need enlightened leaders who can be tough and steer the way to a better future and ideals for the society.

Highly recommended.

Sunday, October 3, 2010

The Autobiography of Martin Luther King Jr



Before I read this book, Marting Luther King Jr  for me,  was a great person from hearsay, but after reading this book I am determined to say that he was the one of the greatest prophets of non-violence and tolerance. He has a strong logic for being non-violent and his life and his achievements are a proof of the success of non-violence. He is heavily influence by Mahatma Gandhi but also influence by Reinhold Niebuhr. Violence is the last option and the not first one to tackle the oppressor and Martin is practical in espousing non-violence when the minority is fighingt a massive and strong armed majority. He makes a rational and logical argument that non-violence in such a situation only causes greater suffering for everybody. King knew very well that the rights of the oppressed minority are not going to come without struggle. This is where a great leader like Martin King can make a difference. A great leader can channel the frustration, shame and disappointment of the oppressed people in a creative way so that results can come with the minimum destruction to them. When riots happen it is not the majority whose loss is more, but the oppressed who will be destroyed further.

The book and the lectures are prophetic. I would include the book in one of the best reads of my life. The suffering, the patience and endurance to bear it and the courage to fight the majority that are determined to crush the movement are amazing.

Only scarcely do we find a good book that worth our time and that which enriches our life emotionally and intellectually at once and I would categorize this as one of them.

Wednesday, September 15, 2010

Stan Weinstein Book: Secrets for Profitting in Bull and Bear Markets

This book is a life changer. I just seem to love this book more than any investment book. Few readers comments on this book.
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So I've spent about $5,000 on a course to learn how to trade. Tried out trading, it didn't work out the way I wanted it to. Then I ran into a guy online who suggested 7 or 8 books that every trader should have. This was one of them. I'm making my way through all the recommended books, but this one was fantastic! It suddenly seemed to fill in all the gaps in my knowledge from the course I had taken. It explained a comprehensive way to view the market (any market) that my $5,000 course never even touched on! Now I feel confident enough to re-enter the market, combining what I learned in the $5,000 course and this $20 (or so) book. Thank you, Mr. Weinstein.

I've had a few successes in trading, I called the short on STEC, RINO, FUQI before they collapsed in price, and I went long RINO and STEC when they were on their way up. I purchased Apple at 145, still holding onto it. All this while going to school and running a small side business and writing two novels and a screenplay. Several books that helped me--though not all of them that helped build my strategy of Growth-Value Trading,

Nicolas Darvas's three books, How I Made 2,000,000 Dollars in the Stock Market, Wall Street The Other Las Vegas, and You Can Still Make It In The Market.
Jesse Livermore: How To Trade Stocks
Gerald Loeb: The Battle For Investment Survival
Martwin Zweig: Winning on Wall Street
William O'Neil: How To Make Money In Stocks
And finally Van Tharp: Trade Your Way To Financial Freedom.

These books with a few more, helped me get 600 percent in 2009, and thanks to BP, 400 percent now.
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 This book has completely changed by perspective on trading or investing (there's a difference). With either one, I believe you will find this book VERY helpful and practical (recognizing breakouts, when to buy, when to sell, cycles of a stock's life, market timing, shorting stocks, establishing safeguards, various order types, etc.).
The book has a heavy emphasis on analyzing charts. This is a major plus, but it's very practical, not numbingly theoretical.
Weinstein is often compared to O'Neil in (momentum) investment style, but I find Weinstein's book much more systematic and well organized than anything I've read by O'Neil. I own 8 books about investing. This is the best, and the only one I go back to continually.
Bottom line: my portfolio has grown 30% in two months using his methodology, and it's kept me from making a LOT of bad decisions.
Don't let the date influence you. Start reading, and you will think he published it this year.

Saturday, September 11, 2010

The slump goes on: Why?

excellent review

http://www.nybooks.com/articles/archives/2010/sep/30/slump-goes-why/