The Old Knight

Good history and biased commentary

Revisado: 01-11-20

The book provides a good history of many speculative bubbles. Unfortunately, the commentary focuses a lot on the excesses of the speculators without discussing the manipulation of the market by central banks and expansion of money. People have to speculate when their money is being debased by the authorities in foolish pursuit of financing social experiments and war.

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Excellent Education!

Revisado: 05-17-19

This book provides a great introduction to Tax law and how to use it to save money and build wealth. It covers many areas of investment and business and provide strategies to save money on taxes on each.

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An inspiring success story

Revisado: 09-12-18

Sam Walton: Made in America tells he story of how Sam Walton built Walmart.

Mr. Walton tells the story of how he started in retail, built his first store, expanded to multiple stores and eventually built a large company. He shares so many stories about the ideas and the challenges that contributed to Walmart success.

The story is so inspiring!

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The Education System is a waste

Revisado: 08-07-18

Do we really need to spend all these years in different school levels and college to get jobs?

Mr. Caplan proves in this book that the answer is no. In reality, degrees provide signals to employers of certain skills such as hard work and conformity. Most of nontechnical degrees give people knowledge they will quickly forget and and none of this knowledge is translated to actual job skills. Employers look for college graduates because in a world where everyone thinks that college is important, those who drop out send clear negative signals.

Mr. Caplan uses research and surveys from different fields to come to his conclusions. Its an interesting read that I hope will make us question the resources we waste on college education in its current form and the years of production we lose by keeping young people in schools for increasing number of years instead of letting them join the work force and actual contribute to the economy.

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Moral defense of capitalism

Revisado: 06-20-17

The authors use Ayn Rand's philosophy to explain the capitalism is not only superior due to the wealth it creates but because it is morally superior. Many people on the right make the mistake of defending capitalism on the grounds of the good it does to the economy which is a collectivist argument, this book takes a better approach. It uses moral argument based on Ayn Rand's work to explain the moral superiority of capitalism.
I highly recommend this book after you read atlas shrugged.

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Good to learn about the problem not for solutions

Revisado: 05-08-17

The author analyzing the illegal drugs trade from business perspective. The book is very interesting because it outlines the different aspects of running a business such as supply chains, Public Relation, and Human Resources and how do they apply to the illegal drug business.

The main downside of the book is when the author discusses solutions in the end of some chapters and at the last chapter. The author has a clear bias for government action although the whole problem is with the government decision to outlaw these drugs in the first place.

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Thomas Sowell tackles the race myths

Revisado: 04-27-17

This is a short book about the intellectuals and race. Thomas Sowell discusses the issue of race and demonstrates that the issue is pretty superficial issue used by intellectuals and politicians to avoid discussing deeper cultural issues.

He starts the book by an overview of race and progress through examples from several civilizations to show that the same race can succeed in one setting under certain cultural norms while failing under different cultural norms.

He also outline how the progressives moved from advocating sterilization of unproductive races to blaming racism for all the failures of minority races while ignoring other minorities that prospered while facing even harsher racism such as the asian minority in the United States.

I highly recommend this book to anyone who wants to learn the truth about race.

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The financial crisis and the free market cure

Revisado: 04-23-17

In this book, John Allison the former BB&T CEO explains the reasons for the financial crisis of 2007-2008: Government intervention and support for Cronies such as Fannie Mae and Freddy Mac. He provides hid perspective a responsible bank CEO that saw all the distortions the government created to support fancy political goals of expanding home ownership. Every government action is usually a scheme to buy the votes of some sector of the electorate and this book provides some history into that. He goes over several aspects of the financial system and explains the history of government intervention and the bad incentives it added to the system.

He also explains the cure of true free market where everyone is left to pursue his goals as long as he doesn't use coercion against other. Mr. Allison demonstrates how a combination of pragmatism and misguided altruism drove us away from the principles that this country was built on such as liberty and limited government towards statism and redistribution. He correctly advocates for the return to these founding principles through education.

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Talent is created

Revisado: 10-07-16

Many people mistakenly believe that people are born with talents but in reality talents are developed and this books provides a number of concise tips to develop talent.
The tips are categorized into 3 categories:
How to get started: these tips cover starting to learn a new skill such as finding a role model to steal ideas from, closely watching experts in the field and finding high quality coaches or teachers.
How to improve skills: this part gives tips on how to improve skills through different training techniques and improvements.
Sustaining progress: how to continue gaining skills and reaching higher levels.

It's a quick and useful listen.

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Overview of key business skills

Revisado: 10-04-16

This course combines 5 different courses covering strategy, operations, finances, team and marketing. It covers the major skills on each field. Each section goes gradually through the material to build good knowledge of the subject. The included course notes provide great resources as well to further study the material after each lecture.

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