Category: Business / Finance

Rating: 6.0/10. Business book about how businesses should think more long-term. An infinite game is one with no endpoint, so there’s no such thing as winning, the objective is to keep on going. A business should have a “Just Cause” — a fundamental reason for existing, beyond growth or profit. Examples include a seed bank…

Rating: 9.4/10. Summary This is a personal finance book, but runs contrary to most advice in this genre. A lot of people save a large chunk of their money, but never get around to spending it, and any money that’s still unused when you die is “wasted”, since it represents hours that you put in…

Rating: 8.0/10. Second book I’ve read about negotiation; compared to the first book (Getting to Yes) which focused on finding mutually beneficial options, this book gives a more comprehensive view of all aspects of negotiation. Different negotiation styles are appropriate for different types of negotiations: Transaction negotiation is when stakes are high, and the deals…

Rating: 6.8/10. A bunch of quotes by famous investor Warren Buffett about principles of investing. They follow a few basic motifs, like invest based on fundamental long-term value, avoid speculation, keep control of your emotions. [redacted] got this from the bookstore and I decided to read it too. Most of the advice is trivially true…

Rating: 5.7/10. This is the third Taleb book that I’ve read, and it was recommended by [redacted]. I’m disappointed in this book, and felt it was downhill from Black Swan, then to Antifragile, then this book. Compared to the previous two books, it’s a lot less structured, and he kind of throws out a mix…

Rating: 8.5/10. This book tells you how to negotiate more effectively. A common negotiating mistake is to use positional negotiation, which is each side picking an arbitrary position (eg: buy the car for $5000), and going back and forth until you’re tired and agree, or you both walk out. Positional negotiation is highly arbitrary, and…

Rating: 7.6/10. This is the second book I read by this author, after Black Swan. An antifragile object is something that becomes stronger when stress is applied (up to a certain point). To make it antifragile, it should be exposed to positive black swan events, where it will gain a lot from randomness, and have…

Rating: 6.5/10. Book about how to manage a small business, basically avoid doing all the work in your business and get other people to do it for you in a scalable way, run it as if you were running a franchise. The ideas make sense, but when it comes to specifics, the book doesn’t really…