Now I am reading Delivering Happiness
Yet it is also filled with some deep meaning. Tony shares his story about how he sold his first company, Link Exchange, to Microsoft for $265 million. His own share was $40 million. But here’s the interesting part. He would be paid $8 million for staying with the company for one year.
Business Strategy, Dreams Come True, Great Books, Internet, Money, Success
After reading this article about Hedge Funds Buying Gold, I remembered so many of the reasons that it is such a great investment. I have posted about gold numerous times in the past. Many individuals think that gold is overvalued because it has quadrupled in the last 10 years. But if you consider many different metrics, it is actually undervalued.
Gold Price 2000 - 2010
What kind of metrics would you use to figure out how accurately gold is valued? I think the best one is its ratio to the money supply. There is a relatively fixed supply of gold. When governments (like the U.S.) start printing money at a furious pace, then the price of gold is going to rise. Since gold is priced in dollars, more dollars naturally makes the price of gold rise.
After I noticed that I only read books once, I decided to start using the library (what a concept!). I was quite surprised to find the library very different from the last time I visited one, which was back in high school. Who goes to the library, anyway?
Your Local Public Library
What I noticed today is that most of the people in the library weren’t using books at all! They were using their laptop and the free internet service, or one of the computers in the library. In fact, the library offers a bunch of free services that make it a good office or place to study. It has big tables, uncomfortable chairs (to keep you awake), it’s nice and cool in summer, and a bathroom.
Now I am reading a new book that is pretty interesting, Bursts
I just started reading it, but I already found some pretty and useful information. He talks about the mystery of why pollen moves around randomly when placed in a dish of water. Around 1900 this was a big mystery, because the idea of the atom was just a theory, and people didn’t know what force could move a tiny object suspended in water.
What does this have to do with our lives?
No, I’m not talking about Gisele, Kathy Ireland, or Janice Dickinson.
They are entrepreneurial super models who make millions by lending their names and faces to products and services. But, that’s not exactly what I’m referring to.
I’m talking about the entrepreneurs who you would model your own startup career after. After all, it’s easier to visit the frontier if you have a guide. In this case, an entrepreneurial super model can be from any industry, any time period, and any position. They don’t really even have to be famous. The guy who owns a killer use record store that’s still in business might serve as one of your role models.
You don’t have to mimic these models exactly.
Business Strategy, Great Books, Investing, Money, Online Investing AI
One of the blogs I follow regularly is Upgrade Reality, a self-improvement site run by Dirk, better known as Diggy.
The Upgrade Reality blog features articles that are optimistic, but without all the fluff and B.S. That’s why I’m glad that Diggy has released an eBook that encapsulates his philosophy and delivers his advice in a convenient eBook form.
You can order Upgrade Reality here. (Not an affiliate link.)
Here are a couple reasons you should check out Diggy’s book.
Many people are quite aware of the miracle of accelerating technology. It states that there is a certain period of time where the price/performance ratio of a product doubles. And, that doubling time is getting shorter. For computers, it is down to about 1.25 years.
Computers have a relatively long history, and it is interesting to see the effect on other more recent products. Today, I checked the Amazon home page to discover that they have released Kindle 3.0
The first version was released November 19, 2007, followed by version 2 in November 2009. So, the first version was replaced after 2 years and the second after just 8 months. That makes an average of 1.3 years per generation.
Accelerating Technology, Business Strategy, Great Books, Success, US Economy
After reading this article on Yahoo about the ever-growing national debt, I took a look at the U.S. National Debt Clock. Not only are we having record deficits each year, but the debt per American has reached unsustainable levels.
As you can see, the debt has reached $42,698 per American! And, $119,524 per taxpayer. The average savings in America is a small percentage of these figures.
How is this ever going to get repaid?
Great Books, Internet, Investing, Money, Success, US Economy
Technology is leveling the playing field for a lot of businesses and industries.
It once took millions of dollars of capital to start a business. Now all you need is a computer and an internet connection.
Education is the next domino to fall. Learn Out Loud is pioneering that path.
The company, which sells audiobooks, also offers free books, including several business and self-improvement classics.
Here are a few examples:
Great Books, Internet, Investing, Money, Online Investing AI, Success
Now I am reading The Universal History of Computing
ENIAC was short for Electronic Numerical Integrator and Computer, and it was designed in 1943 and completed in 1945. That was just 65 years ago. It was the first real computer because it was completely electronic, general-purpose, and analytical.
This thing was huge, as you can probably imagine. Much bigger than the computer (or mobile device!) that you are reading this on. In fact, it took up a space 18 ft. by 36 ft. So you needed a huge room just to put it in. Besides that, it weighed 27 tons!
The future is here.
Learn how to use Accelerating Technology to make money.
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The Singularity is Near by Ray Kurzweil is the book that started it all. If you want to know about the future, it is the best book I've found. Absolutely fascinating.
Rich Dad Poor Dad by Robert Kiyosaki. This is one of the most popular personal finance books of all time. A must read for anyone who wants to become financially successful.
The Millionaire's Secrets
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
The One Minute Millionaire is a great book about how to become a millionaire. Written by Mark Victor Hansen and Robert G. Allen, this book combines an inspirational story with practical everyday skills.
The Art of Learning is the fascinating story of Josh Waitzkin, the world champion in both chess and Pushing Hands. His style is mesmerizing, and the strategies for learning are priceless.
The Alchemist is one of the best-selling and most inspirational books of all time. Anyone who has ever had a dream in life needs to read it. Perhaps my favorite book of all time.
Love is the Killer App is a powerful, step-by-step book about how to have a wonderful experience and spread love in any working environment. Think the office has to be a source of bad energy? Think again.
The 4-Hour Workweek is a powerful book full of strategies about how to get more done in less time. For anyone who is looking for leverage or wants to achieve success quickly, this book is absolutely invaluable.
