I’m a former indoor kid and big-city girl, and I never imagined I’d wind up spending months of each year pooping in the woods—by choice! But walking all day every day on footpaths through the wilderness has become one of the greatest loves of my life, and I’m so glad to have books by other adventurous folks to keep me company when I’m back at home. I’ve written two of these books myself: How To Be Alone and What We Owe to Ourselves. I also write a weekly newsletter called Wild Letters, where I share honest stories of self-exploration both on and off the trail.
It might seem strange for a long-distance hiker to recommend a book on personal finance, but let’s not pretend that much of living an adventurous life (however you’d like to define that for yourself) comes down to the logistics of money, time, and other resources.
I learned so much from Kristy in this book, and I loved her non-preachy writing style and the honesty with which she told her story. Yes, this is a step-by-step guide, but for me, it felt like so much more than that: a truly inspiring and uplifting reminder that we don’t need to settle for the status quo.
From two leaders of the FIRE (Financial Independence, Retire Early) movement, a bold, contrarian guide to retiring at any age, with a reproducible formula to financial independence.
A bull***t-free guide to growing your wealth, retiring early, and living life on your own terms.
Kristy Shen retired with a million dollars at the age of thirty-one, and she did it without hitting a home run on the stock market, starting the next Snapchat in her garage, or investing in hot real estate.
Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your…
I have over four decades of experience working and innovating in the financial markets and have been a prolific contributor to academic and practitioner finance literature. I started my career at Salomon Brothers in 1984, where I became a managing director in the bond-arbitrage group, and in 1993 I was a co-founding partner of the hedge fund Long-Term Capital Management. I founded Elm Wealth in 2011 to help clients, including my own family, manage and preserve their wealth with a thoughtful, research-based, and cost-effective approach that covers not just investment management but also broader decisions about wealth and finances.
I loved how this “Little Book" gets right to the point and explains why every investor should include low-cost index ETFs in their portfolios. This is a great guide for beginners and old hands alike. It is a book devoted to simplicity.
I loved Bogle’s “Cost Matters Hypothesis” which is simpler and more relevant than the also important “Efficient Markets Hypothesis” that is taught in Finance 101 classes.
I felt this book empowered me to take control of my financial life. It’s a book I always recommend to people who are looking to improve their financial lives. I learned a lot from Vanguard founder John Bogle's 80+ years of experience and wisdom. Invest just 60 minutes in this book and reap a lifetime of informed, confident investing decisions.
The best-selling index investing "bible" offers new information and is updated to reflect the latest market data The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund veteran John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks the S&P 500 Stock Index. Such an index portfolio is the only investment that guarantees your fair share of…
I'm Somi Arian, a tech philosopher, award-winning filmmaker, author, LinkedIn-Top-Voice, and the founder of InPeak, a Web3 education and professional networking platform. My background in Philosophy of Science and Technology informs my role in society as a 'Transition Architect.' My documentary, The Millennial Disruption, featuring industry leaders, won three international awards. My book, Career Fear (and how to beat it), addresses the future of work and the skills we all need to survive and thrive in the age of Artificial Intelligence and Blockchain. As a speaker, I give talks and workshops internationally on the impact of technology on society, the business landscape, the future of work, Web3, NFTs, the Metaverse, and blockchain technology.
In this book, Ray Dalio shares the invaluable knowledge he has gathered throughout his career.
He believes that principles of life, management, economics, and investing can all be systematized and understood like machines. With hundreds of practical lessons that revolve around his principles of "radical truth" and "radical transparency," Dalio highlights the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams.
He also describes the innovative tools that his firm uses to bring idea meritocracy to life, including "baseball cards" for employees that distill their strengths and weaknesses and computerized decision-making systems that make believability-weighted decisions.
While the book provides novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter their goal.
From Ray Dalio, the legendary investor and #1 New York Times bestselling author of Principles—whose books have sold more than five million copies worldwide—comes a guided reflection journal that empowers readers everywhere to develop their own principles for success in work and life.
“Principles are fundamental truths that serve as the foundations for behavior that gets you what you want out of life.” —Ray Dalio
In his #1 New York Times bestseller Principles, legendary investor Ray Dalio introduced millions of readers around the world to the unconventional approach he developed as the founder and builder of Bridgewater Associates, the largest…
I realised in my twenties that there were millions of people who desperately needed advice about their money but could not afford an accountant or an adviser. Since then my passion has been to simplify the deliberately complex financial world, explain the obscure and often unintelligible rules about tax, childcare, benefits, investment, savings, and borrowing. Recently as the tsunami of fraud has swept across the UK I have devoted more time to help people avoid losing money to scammers – both criminal and respectable. Most people can’t afford professional advice, but they can afford me – I’m freely available in print, on air, and online.
At last a book that tells the truth about investment and how it works. The most important thing is keeping down charges. They eat away at your money every month and only enrich other people. Don’t let them manage your money – trust the markets. There are exercises and worksheets to do. So it is not a casual read. But if you study it and work through it you will end up better off and have enough money for your future. Which is the true meaning of wealth.
An accessible and practical guide to personal finance that busts myths, clarifies jargons and clarifies the best options for building your wealth
More and more people are reassessing their lives as a result of the pandemic. Many have left their jobs or reduced their hours. Others have resolved to work only as long as they must, retiring early to focus on families and friends, hobbies or travel. Meanwhile, employers all over the world are experimenting with a four-day week.
Making the most of these choices requires having and growing enough money to enjoy your future life, without needing to worry…
I was a finance major who worked in banking, so I knew what I needed to do with money, but I found it challenging to follow through. The books I previously read were money books written by financial gurus who always used yelling and shaming as their teaching method. It never aligned with me. I started writing books with more compassion and an understanding that there are other variables affecting your financial health. I continue to read and recommend books written by people who aspire to help others by giving them knowledge and the space and grace to grow without the guilt trip.
I enjoy money books that go beyond calculations and numbers and can reach the heart and soul. Leisa’s book helped me think of money in a holistic way, using the chakras that I am familiar with through yoga.
It made me rethink my own relationship with money and how it affects not just my financial health, but my overall wellbeing.
“Leisa has a truly unique gift and has designed a path that will transform your relationship with money.”―Grant Sabatier, author of Financial Freedom and creator of Millennial Money
In the world of personal finance the biggest challenge is the sense that there’s never going to be enough. It is this mindset of scarcity, and not the amount spent on lattes, that holds people back the most from achieving their financial dreams.
Using techniques she’s developed as a financial planner and spiritual coach, Leisa Peterson guides you to dig deeper and discover the root of your financial thinking to change not…
Hi! I’m Danny Rusteen, and I live and breathe STRs. I’ve been hosting, co-hosting, and managing property since 2013. In 2017, I started living full-time in Airbnbs, that’s more than just a fun fact, it gives me a unique perspective that no other expert has. Maybe it’s why my calendar is full all year round. I see Airbnb as a tool for peace. I'm going to get philosophical for a moment. Airbnb creates connections that never otherwise would have existed. Instead of letting the TV tell you what country X thinks of country Y, it's better to find out from real people: hosts and the locals you interact with.
I finished it in just a few days as it’s a light read and only about 150-pages long. It is a great book to briefly introduce readers at a high level to locating markets, finding real estate agents, managing the listing remotely, and getting set up on Airbnb by creating a listing.
From analyzing potential properties to effectively managing your listings, this book is your one-stop resource for making a profit with short-term rentals!
Airbnb, Vrbo, and other listing services have become massively popular in recent years―why not tap into the gold mine? Whether you’re new to real estate investing or you want to add a new strategy to your growing portfolio, vacation rentals can be an extremely lucrative way to add an extra income stream―but only if you acquire and manage your properties correctly.
Traditional rental properties are a great way to create wealth, but short-term rentals can bring in five…
Bill Poorvu is a successful real estate investor and developer who for 35 years headed the real estate program at Harvard Business School, where he taught several generations of students, many of whom went on to become industry leaders. He is also one of the founders of the Baupost Group, a Boston-based investment firm that is considered one of the savviest hedge funds in the world, with some $30 billion in assets under management.
If you are now in a position to invest your money broadly. Margin of Safety presents legendary investor Seth's Klarman's views on risk-adjusted investments in several asset classes, including real estate. He focuses on understanding the underlying values of a specific opportunity, and his consistent emphasis on taking the longer-term view is especially relevant to the property world. Now I will frustrate you by reporting that MOSis long out of print, and the used copies that are available online are...very, very expensive. If you can’t find it or afford it, look for Seth’s interviews on YouTube, and a short but interesting New Yorker interview.
Investors are all too often lured by the prospect of instant millions and fall prey to the many fads of Wall Street. The myriad approaches they adopt offer little or no real prospect for long-term success and invariably run the risk of considerable economic loss - they resemble speculation or outright gambling, not a coherent investment program. But value investing - the strategy of investing in securities trading at an appreciable discount from underlying value - has a long history - has a long history of delivering excellent investment results with limited downside risk. Taking its title from Benjamin Graham's…
As an investor and a professional business valuation specialist, I have a passion for understanding the true intrinsic value of both publicly-traded and closely-held (private) companies. There’s no denying that Warren Buffett, emulating the example of his mentor Benjamin Graham, applied a private company valuation approach to the selection of publicly-traded stocks and the results speak for themselves. Furthermore, given my somewhat technical educational and vocational background, I am more comfortable than most valuators with highly technical and IP-weighted businesses. That is why I consider IP valuation to be an integral element of business valuation.
The process of business valuation lies at the core of value investing. That’s what Damodaran, longtime Professor of Finance at NYU, addresses in this book. An excellent distillation of the key business valuation approaches that are most relevant for investment, The Little Book of Valuation will make the valuation work less daunting and less arduous for the lay investor of the 21st century.
As well, like the two previous books, this book also underscores the fact that, without a systematic approach to valuing publicly-traded stocks as if they were private companies, proper value investing is not even possible, let alone profitable. Perhaps to underscore this truth, one of the recommendation blurbs is provided by Shannon Pratt, one of the leading gurus of private business valuation and the author of my 4th book pick.
An accessible, and intuitive, guide to stock valuation Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. In The Little Book of Valuation, expert Aswath Damodaran explains the techniques in language that any investors can understand, so you can make better investment decisions when reviewing stock research reports and engaging in independent efforts to value and pick stocks. Page by page, Damodaran distills the fundamentals of valuation, without glossing over or ignoring key concepts, and develops models that you can easily understand and use. Along the way, he covers various valuation…
I am passionate about helping people have the kinds of opportunities they want to have in their careers. I coach, teach, speak and write on how to do exactly that. The secret – it almost always involves getting out of your comfort zone, doing something that is a bit scary to you and that shakes your confidence a bit. However, you never want to be sitting alone trying to achieve something all by yourself. It takes a village to succeed. The art comes in knowing how to ask, getting over your fear of being vulnerable, building trust, knowing how to persuade each person you need, and much more. This is my life’s work.
This book inspired me personally and it has changed how I coach people to think about managing their stress and building their resilience. Especially as you step out of your comfort zone and lead in a new way, in a new area, stress will be high. Cassie’s research clearly shows that what we need to manage stress, to feel good about our lives as a whole, and to be our best self as a leader isn’t as hard as you think. The secret is 2 hours of time each day doing things you enjoy – work included.
Learn how to reframe your time around life’s happiest moments to build days that aren’t just full but fulfilling with this “joyful guide” (Eve Rodsky, New York Times bestselling author) that is the antidote to overscheduling.
Our most precious resource isn’t money. It’s time. We are allotted just twenty-four hours a day, and we live in a culture that keeps us feeling “time poor.” Since we can’t add more hours to the day, how can we experience our lives as richer?
Based on her wildly popular MBA class at UCLA, Professor Cassie Holmes demonstrates how to immediately improve our lives…
I’m a money manager for high-net-worth individuals. During my Wall Street years, I was ranked number one in my category in the Institutional Investor All America Research Survey for nine consecutive years. The CFA Society New York presented me its Ben Graham Award in 2017. I’ve served as a governor of the CFA Institute and consultant to the Federal Reserve Board of Governors. My writings have appeared in the Wall Street Journal, Barron’s, the Financial Times, and various scholarly journals. I live in New York City with my wife, musicologist Elaine Sisman. We have two children and five grandchildren.
Forget bromides such as buying a stock because your experience with the company’s product has been good. The hugely successful money manager Howard Marks makes the essential point that the goal is not to find good companies but to make good purchases. “It’s not what you buy,” he says, “it’s what you pay for it.” Investors who are interested in good outcomes rather than thrills will find many more sound principles in this book.
"This is that rarity, a useful book."--Warren Buffett Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. Now for the first time, all readers can benefit from Marks's wisdom, concentrated into a single volume that speaks to both the amateur and seasoned investor. Informed by a lifetime of experience and study,…
