Uncomfortable Truth About Money How to live with uncertainty and think for yourself
Produktdetaljer
Om bidragsyterne
Paul Podolsky writes about macro–politics and money. For many years, he was the strategist and equity partner at the largest hedge fund in the world. Previous to that, he worked as a reporter. His work has been published in The Wall Street Journal, The Boston Globe and aired on National Public Radio.A delightfully clear and reassuring read that offers guidance on how to navigate money, careers and priorities. Written with honesty and without pretension, it presents a valuable compass to steer through life, without going broke, losing your integrity or sanity. Invaluable reading for any young person—or older one who needs a refresher on what really matters.
Columnist and Editorial Board, Financial Times, and Provost, Kings College, Cambridge
A very talented man.
Ray Dalio
We are all stuck in a money cage. Money isn't the most important thing, but it is a thing and you can't get away from it. Birth costs money and death costs money.
So even if you hate talking about money, you need to know the basics, the same way you need to know how to cook yourself a simple meal.
The problem with most money books is that they are not written by practitioners and avoid hard truths.
What a weathered investor knows is that stocks are not always good for the long run. They know that being stingy helps accure wealth. They know the big thing when you buy property has nothing to do with the property. They know the big thing is less what happens to the markets in a day than if the entire system holds together. And they know what to look for if it's time to pull out. That's what this book will teach you, a lifetime of money learnings distilled to a thin volume, like a basic cooking recipe you can follow.