Summaries of books about Business & Finance:
The 16 % Solution
How to Get High Interest Rates in a Low-Interest World with Tax Lien Certificates
Joel S. Moskowitz
The book provides a guide on how to invest in tax lien certificates, a form of investment that can yield high-interest rates. It explains the process of purchasing these liens from government entities, the potential returns, and the risks involved, as well as strategies for successful investment.
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The First-Time Manager
Loren B. Belker|Jim McCormick|Gary S. Topchik
The book serves as a guide for new managers, providing essential advice on leadership, team building, and effective communication. It covers fundamental management principles, from handling difficult situations and decision-making to motivating employees and setting goals.
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The 8-Step Beginner’s Guide to Value Investing
Featuring 20 for 20 - The 20 Best Stocks & ETFs to Buy and Hold for The Next 20 Years: Make Consistent ... Even in a Bear Market
Freeman Publications
The book provides an introductory guide to value investing, outlining an 8-step process designed for beginners to understand and apply fundamental investment principles. It also includes a curated list of 20 stocks and ETFs that are recommended for long-term investment, aiming to deliver consistent returns even during bear market conditions.
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This Time Is Different
Eight Centuries of Financial Folly
Carmen M. Reinhart|Kenneth S. Rogoff
The book provides a comprehensive historical analysis of financial crises over the past 800 years, examining patterns and triggers of sovereign defaults, banking crises, and periods of high inflation. It argues that while economic circumstances and crises may vary, human behavior and the belief that "this time is different" often lead to similar financial disasters across different eras and countries.
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Stock Market 101
From Bull and Bear Markets to Dividends, Shares, and Margins—Your Essential Guide to the Stock Market
Michele Cagan
The book provides a comprehensive introduction to the stock market, explaining fundamental concepts such as how stocks are traded, the nature of bull and bear markets, and the significance of dividends and shares. It also delves into more advanced topics like trading strategies, market analysis, and understanding margins to equip readers with a solid foundation for investing.
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Dirt Rich
How One Ambitiously Lazy Geek Created Passive Income in Real Estate Without Renters, Renovations, and Rehabs
Mark Podolsky
The book provides a guide to creating passive income through investing in raw land, detailing a step-by-step process that avoids the complexities of dealing with tenants, renovations, or property improvements. It emphasizes the author's personal strategies and systems for buying and selling undeveloped land to generate cash flow with minimal effort.
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Buffettology
The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds
David Clark|Mary Buffett
The book delves into the investment strategies and analytical techniques used by Warren Buffett to identify undervalued companies with strong long-term potential. It provides insights into his approach to stock market investing, including his focus on company earnings, the economic moat concept, and the intrinsic value calculation.
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Kiss, Bow, or Shake Hands
The Guide to Doing Business in More Than 60 Countries
Terri Morrison|Wayne A. Conaway
The book serves as a comprehensive guide to international business etiquette and communication, detailing cultural practices, negotiation styles, and protocols for engaging in professional interactions across more than 60 countries. It provides insights into understanding cultural differences, managing cross-cultural relationships, and successfully navigating the complexities of global business dealings.
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Subscribed
Why the Subscription Model Will Be Your Company's Future - and What to Do About It
Tien Tzuo|Gabe Weisert
The book advocates for the shift from traditional product-based business models to subscription-based ones, emphasizing how recurring revenue streams can lead to greater customer relationships and business growth. It provides insights and strategies for companies to transition to and succeed in the subscription economy, including real-world examples and practical advice for implementation.
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The Creative Curve
How to Develop the Right Idea, at the Right Time
Allen Gannett
The book debunks the myth of innate creative genius and presents a science-backed model for developing ideas that resonate with the zeitgeist. It outlines a four-step process involving consumption of relevant content, imitation of trends, creative communities for feedback, and iterations to hit the 'creative curve' of timing and innovation.
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