Shows
Money, Mindset & Manuscripts: Decoding Personal Finance Books"No Worries: How to Live a Stress-free Financial Life" by Jared Dillian (Summary)Jared Dillian's "No Worries" introduces his philosophy on achieving a stress-free financial life, rooted in his own experiences moving from a modest background to financial security. He advocates for understanding the true sources of financial anxiety, which he identifies as debt and unmanaged risk, rather than simply a lack of funds. Dillian stresses the importance of focusing on increasing income ("the revenue side") and making informed decisions about major expenditures like housing, cars, and education to avoid unnecessary financial burdens. He also discusses the pitfalls of both extreme frugality and reckless spending, arguing for a balanced approach and a h...
2025-04-2314 minMoney, Mindset & Manuscripts: Decoding Personal Finance Books"Money Wise: Timeless Lessons on Building Wealth" by Deepak Shenoy (Summary)This podcast offers insights into the world of personal finance and investment, drawing lessons from real-life examples and market events. One source uses storytelling to illustrate key principles of wealth building, such as the power of long-term investing, the importance of starting early, and the need to plan for necessities like retirement. It explores various investment avenues, including stocks, mutual funds, and gold, alongside essential financial hygiene practices like emergency funds and insurance. The second source examines financial scams and sharp practices prevalent in India, using anecdotes to highlight how individuals can be deceived in areas like insurance, real est...
2025-04-2321 minMoney, Mindset & Manuscripts: Decoding Personal Finance Books"Infinity Investing: How the Rich Get Richer and How You Can Do the Same" by Toby Mathis (Summary)"Infinity Investing" by Toby Mathis aims to educate readers on building long-term wealth through unconventional strategies. It critiques traditional investment advice and financial institutions, advocating for a mindset shift focused on generating passive income from assets rather than relying solely on employment or speculative trading. The book introduces concepts like "Infinity Income" and outlines a plan to achieve financial freedom by understanding the difference between assets and liabilities, avoiding debt-funded expenses or liabilities, and strategically investing in income-producing assets such as dividend-paying stocks and real estate. Mathis encourages readers to take control of their financial future by adopting the invest...
2025-04-2312 minMoney, Mindset & Manuscripts: Decoding Personal Finance Books"How To be Rich" by J. Paul Getty (Summary)This podcast presents J. Paul Getty's reflections on achieving wealth and success in business, drawing upon his extensive experiences in the oil industry and beyond. He shares his insights on various aspects of business, including identifying opportunities, managing finances, understanding markets, and the importance of perseverance in the face of adversity. Getty also examines the psychology of management, the value of dissent and nonconformity, and provides his perspectives on investment strategies in stocks and real estate. Furthermore, he discusses the allure and limitations of wealth, offering his personal philosophy and emphasizing the significance of individual values beyond monetary gain.
2025-04-2115 minMoney, Mindset & Manuscripts: Decoding Personal Finance Books"The Investment Answer: Learn to manage your money and protect your financial future" by Gordon Murray , Daniel Goldie (Summary)"The Investment Answer" by Goldie and Murray offers a straightforward guide to managing money and securing one's financial future. The authors critique the traditional financial industry, arguing that it often prioritises its own interests over those of individual investors. They advocate for making five key informed investment decisions, such as asset allocation and diversification, and favour a passive investment approach over active management. The book recommends using independent, fee-only advisors and emphasises the importance of controlling costs and understanding risk to achieve long-term investment success.📖 Explore every insight inside: Read the book: amzn.to/3EgNg5u📚 Build your trading...
2025-04-2115 min
Between the Trades: Decoding Trading Books"The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist" by Brett N. Steenbarger (Summary)The Daily Trading Coach offers 101 lessons intended to act as daily meditations for traders aiming to improve their psychological approach to the markets. Authored by a clinical psychologist and trading coach, the book explores various techniques rooted in psychodynamic, cognitive, and behavioural frameworks. It guides readers in self-monitoring, understanding their emotional and thinking patterns, and developing strategies for managing stress, building confidence, and ultimately enhancing their trading performance by becoming their own effective coach.📖 Explore every insight inside: Read the book: amzn.to/4iomd62📚 Build your trading bookshelf: Find top books here: readtoinvest.com/trading/
2025-04-1819 minBetween the Trades: Decoding Trading Books"Stock Market Wizards: Interviews with America's Top Stock Traders" by Jack D. Schwager (Summary)This podcast presents a series of interviews with successful stock market traders, known as "Market Wizards," conducted by Jack D. Schwager. Through question-and-answer format, the book explores diverse trading philosophies, risk management techniques, and personal anecdotes from these individuals. The conversations reveal various paths to profitability in the markets, highlighting both common principles and unique approaches. Ultimately, the text aims to provide insights and lessons from experienced traders for those interested in the financial markets.📖 Explore every insight inside: Read the book: amzn.to/42huRP3📚 Build your trading bookshelf: Find top books here: rea...
2025-04-1712 minMoney, Mindset & Manuscripts: Decoding Personal Finance Books"The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money" by Ron Lieber (Summary)The Opposite of Spoiled by Ron Lieber explores how parents can and should discuss money with their children in an open and honest manner. Lieber addresses common parental anxieties about raising children in a consumer-driven world, offering guidance on topics such as allowance, chores, spending habits, saving, giving, and understanding financial privilege. The author emphasises the importance of these conversations being rooted in values and age-appropriate explanations, encouraging parents to foster gratitude, perspective, and a healthy relationship with money in their children. Ultimately, the book aims to equip parents with strategies to raise financially responsible and grounded young adults.
2025-04-1714 minMoney, Mindset & Manuscripts: Decoding Personal Finance Books"Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity" by Garrett B. Gunderson and Stephen Palmer (Summary)Killing Sacred Cows, challenges conventional financial wisdom, arguing that many widely accepted financial myths hinder prosperity. Gunderson contends that focusing on scarcity and mere accumulation is detrimental, advocating instead for an abundance mindset centred on creating and exchanging value. The text explores specific financial myths, such as the idea that high risk equals high returns and the necessity of long-term accumulation in accounts like 401(k)s, offering alternative perspectives rooted in economic principles and personal responsibility. Ultimately, the book encourages readers to increase their financial knowledge, prioritise value over price, and align their financial decisions with their life's purpose...
2025-04-1525 minMoney, Mindset & Manuscripts: Decoding Personal Finance Books"The One-Page Financial Plan: A Simple Way to Be Smart About Your Money" by Carl Richards (Summery)Carl Richards' book, "The One-Page Financial Plan," advocates for a simplified approach to personal finance. It highlights how feeling overwhelmed by complex financial advice and numerous options often leads to inaction. Instead, Richards champions identifying one's core values and aligning financial decisions with these priorities to create a manageable, single-page plan. The text explores strategies for understanding current financial standing, budgeting for awareness, saving effectively, and making informed investment choices, all while acknowledging the emotional aspects of money management and the importance of seeking objective guidance.📖 Explore every insight inside: Read the book: amzn.to...
2025-04-1522 minMoney, Mindset & Manuscripts: Decoding Personal Finance Books"Beat the Bank: The Canadian Guide to Simply Succes" by Larry Bates (Summary)Beat the Bank: The Canadian Guide to Simply Successful Investing by Larry Bates argues that Canadians are often disadvantaged by high fees and poor advice from traditional financial institutions. Bates advocates for a "Simply Successful Investing" approach, which emphasizes low-cost investment products like ETFs, understanding basic investment principles, and minimising the impact of fees, taxes, and inflation to improve long-term returns. The book criticises the mutual fund industry and the "Old Bay Street" establishment, offering practical guidance on how individuals can take control of their investments through online discount brokers, robo-advisors, or DIY strategies, ultimately aiming for a more prosperou...
2025-04-1516 minBetween the Trades: Decoding Trading Books"Bear Market Trading Strategies" by Matthew R. KratterThis book provides guidance on how to navigate and potentially profit from declining stock markets. It outlines methods for identifying bear market signals, explores various trading techniques suitable for such environments, including shorting stocks and using futures, and discusses strategies for recognizing when a bear market is nearing its end. Furthermore, the book touches upon identifying undervalued stocks for purchase during market downturns and offers a perspective on the unique conditions of the 2020 market. Kratter shares insights aimed at helping traders and investors understand the dynamics of bear markets and develop strategies to weather them.
2025-04-1419 minBetween the Trades: Decoding Trading Books"Automate This: How Algorithms Took Over Our Markets, Our Jobs, and the World" by Christopher Steiner (Summary)This book explores the pervasive and increasing influence of algorithms across various aspects of modern life. It uses anecdotes, historical context, and explanations of complex concepts to illustrate how these automated systems have transformed fields ranging from finance and commerce to art, medicine, and even social interactions. The text examines both the benefits and potential drawbacks of this algorithmic takeover, highlighting instances of efficiency and innovation alongside concerns about job displacement and unforeseen consequences. Furthermore, it touches upon the individuals and historical developments that have contributed to the rise of algorithms and the ongoing competition for the talent capable of...
2025-04-1409 minBetween the Trades: Decoding Trading Books"The Wyckoff Methodology in Depth: How to trade financial markets logically" by Rubén Villahermosa (Summary)We comprehensively explain Richard Wyckoff's approach to trading financial markets logically. It is structured to guide readers through how markets move, introducing concepts like waves, price cycles, and trends. The text then details the Wyckoff method itself, covering accumulation and distribution structures alongside the three fundamental laws of supply and demand, cause and effect, and effort and result. Furthermore, the material explores the processes of accumulation and distribution, key market events, and concludes with sections on trading principles and case studies applying the methodology to various financial instruments.📖 Explore every insight inside: Read the book: amzn.to...
2025-04-1421 minMoney, Mindset & Manuscripts: Decoding Personal Finance Books"Unfair Advantage -The Power of Financial Education" - Robert Kiyosaki (Summary)The book argues that traditional financial advice, rooted in the Industrial Age, is failing people in the current Information Age. It contends that clinging to notions like job security, savings, and conventional retirement plans leaves individuals vulnerable. The text advocates for financial education focused on understanding assets, taxes, and the strategic use of debt to build wealth. It critiques the traditional school system for training employees rather than entrepreneurs and investors. Ultimately, the book aims to challenge readers' existing beliefs about money and guide them towards financial strategies employed by the wealthy.📖 Explore every insight i...
2025-04-1421 minBetween the Trades: Decoding Trading Books"Wyckoff 2.0: Structures, Volume Profile and Order Flow" by Rubén Villahermosa (Summary)We explore advanced technical analysis for trading. It begins by situating the Wyckoff methodology within the context of adaptive markets and emphasises the foundational law of supply and demand. The text highlights the significance of volume through auction market theory and introduces tools like the order book and volume profile for analysing market activity. It examines the complexities of order flow, contrasting it with price and volume analysis, before presenting Wyckoff trading structures and offering guidance on context analysis, scenario planning, and trade management. Finally, case studies illustrate the application of these combined concepts in real-world trading scenarios.
2025-04-1422 minBetween the Trades: Decoding Trading Books"The Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market" by Brent Donnelly (Summary)The Art of Currency Trading, offers a comprehensive guide to navigating the foreign exchange market. It begins by introducing the history and structure of FX trading, including its evolution into the electronic and algorithmic eras. The text then explores essential concepts such as currency pairs, quoting conventions, and the mechanics of trading, covering topics like risk prices and limit orders. Furthermore, it examines various analytical approaches, dedicating significant attention to fundamental analysis, economic indicators, central bank policies, and technical analysis tools and patterns. Finally, the book emphasises the critical role of risk management, position sizing, and trader psychology, providing insig...
2025-04-1322 minBetween the Trades: Decoding Trading Books"How to Turn $ 5,000 into a Million" by Heikin Ashi Trader (Summary)This book "How to Turn $5,000 into a Million," presents a bold strategy for stock market speculation, advocating for leveraging market funds rather than relying solely on initial capital. The author challenges conventional short-term trading methods, suggesting that significant gains are achievable through focused speculation on major market trends and crises. A core technique involves gradually increasing position sizes using profits from initial successful trades, a method referred to as scaling in and scaling out. The book emphasises the importance of identifying catalysts and understanding market overreactions, using historical examples and advocating a mindset geared towards maximising profits from opportune momen...
2025-04-1216 min
Between the Trades: Decoding Trading Books"Options Trading: How to Turn Every Friday into Payday Using Weekly Income in ALL Markets and Sleep Worry-Free!" by T.R. Lawrence (Summary)T.R. Lawrence's book introduces a method for generating weekly income through options trading, specifically focusing on selling weekly put options while using longer-dated puts as insurance. The author emphasises the importance of understanding one's relationship with money and the psychological factors that influence trading decisions. The "KaChing" strategy aims to provide consistent, worry-free income by leveraging time decay and market movements, advocating for a structured trading plan to manage risk and emotions. The book covers various aspects of options trading, including different option types, risk management, trade adjustments, and identifying suitable stocks for this strategy. It also explores adva...
2025-04-1225 min
Between the Trades: Decoding Trading Books"Winning Methods of the Market Wizards" by Jack D. Schwager (Summery)Are you looking to crack the code of consistent profitability in the diverse world of trading? Then get ready to delve into the minds of the market's elite with Winning Methods of the Market Wizards by the renowned Jack Schwager.In this insightful exploration, drawn from years of interviews with consistently successful traders across various markets, Schwager distills the ten overriding principles that set these "Market Wizards" apart from the rest. Forget chasing fleeting tips and tricks; this book dives deep into the core psychological and behavioral traits that underpin enduring success.Join us as we unp...
2025-04-0917 min