nonfictitious

Love to read and share non-fiction books

[nonfictitious @Prem473653]

Book source: The Joys of Compounding by Gautam Baid. Highly recommend the book

[nonfictitious @Prem473653]

South India movie actor @thearvindswami highly recommends #ThePsychologyOfMoney saying if there’s one book that the youngsters read, they make sure it is this. Wonderful to see him inspire ppl to save, invest and build wealth vs borrowing. #Meiyazhagan #Kollywood @morganhousel

[Movie Tamil @_MovieTamil]

#ArvindSwamy motivational speech

- You can't read books in life but read the book called The Psychology of Money.🌟
- They will tell you how to earn that much time and money.✔️
Timeless Lessons on Wealth, Greed, and Happiness💥

#Meiyazhagan

https://t.co/xmrhanOcGl

[nonfictitious @Prem473653]

A compelling narrative about 6 “materials” - Sand, salt, iron, copper, oil and lithium that we take for granted but have unbelievable uses. This book has been shortlisted for many awards and am sure the reader will learn a lot more than what he knows before reading this book

[nonfictitious @Prem473653]

Nike founder’s Shoe Dog is unputdownable. It features in any list of top entrepreneurial books out there. Excerpt below talks about how they paid $35 for their famous, ubiquitous logo #Nike #swoosh #airjordan #michaeljordan #entrepreneurlife #Entrepreneur

[nonfictitious @Prem473653]

Written by Bobby Fischer, this is one of the top chess books of all time and filled with lots of checkmate puzzles. Right answer takes the reader to the next question whereas the wrong one leads to an explanation
#praggnanandha #FIDEWorldCupFinal #MagnusCarlsen #MagnusVsPragg

[nonfictitious @Prem473653]

Written in lucid, short chapters, this book explores the life and investing style of Rakesh Jhunjhunwala, arguably India’s greatest investor. The Authors have kept it simple, without being too biased.

[nonfictitious @Prem473653]

Fascinating read about commodity players in post WW2 era, this book highlights their massive influence over a nation’s politics and economy
Did you know?
- For a brief period, PepsiCo was one of the world’s largest Naval powers
- Traders easily bypass sanctions to help nations

[nonfictitious @Prem473653]

- Don't follow the crowd: Avoid herd behaviour. Products that sounds too good to be true are best avoided
- Adapt: No plan is 100% fool-proof. Be nimble and make changes
- Avoid Loss Aversion: Fear of losses can lead to irrational decisions. Don't aim for perfect record

[nonfictitious @Prem473653]

Psychology of Money by Morgan Housel
Top lessons from the book
- Emotional intelligence over knowledge: Financial success is more about managing emotions and greed than being smartest
- Time > Timing: Stay invested for long and don't try to time the market (Do SIPs)

[nonfictitious @Prem473653]

- 7th wonder: Start early and see the magic of compounding. Even 1% compounded daily equals ~37x
- Define "Enough": Tough, but define enough. Don't be too greedy
- Simplify decisions: Automate spending and investing. Don't stress finding best stocks. Index funds will do the job