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INVESTING BOOKS

Posted in Investing (Saturday, August 30, 2008)

Written by Alice H. Eagly and Linda L. Carli. By Harvard Business School Press. The regular list price is $29.95. Sells new for $17.27. There are some available for $16.58.
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5 comments about Through the Labyrinth: The Truth About How Women Become Leaders (Center for Public Leadership).
  1. Women have needed a replacement for the glass ceiling metaphor for quite some time. Drs. Eagly and Carli have given us a wonderful new metaphor, the labyrinth, that better describes the obstacles and realities women face. For years we all have been bombarded with the impediments for women, but no one has offered practical solutions. This book eloquently defines the problem and offers hope for us all. This year all of my close friends, including some men, will receive this book from me for Christmas.


  2. Alice Eagly is a phenomenal writer and researcher. She has been working for decades on gender and leadership. Her newest theory, with Carli, is outstanding! She presents a new paradigm for thinking about women in the workforce and gives a preview of what is to be expected in the workforce in the upcoming years. If you have not already read this book, then what are you waiting for? The only thing that is better is having her present the work, which is sure draws a crowd! Also, for the non-academic it is an easy read with much detail on prevailing theory for the general public to understand.


  3. A well written comprehensive review of research relating to women and leadership. Organized according to questions about leadership e.g. "Do Women Lead Differently from Men?" each chapter reviews the research, discusses trends, and suggests how women might respond. Unlike many titles on this topic, this is an evenhanded review of the research whose objective is to provide information to women as they navigate the turns and barriers of the labyrinth as they move forward in their careers.


  4. Very interesting, well-written, and enlightening. A subject that is very timely and very helpful to women everywhere. Would heartily recommend.


  5. I think that the authors have set a new baseline for discussion and insight in the quest for women's workplace equality, and beyond. The scientific foundation for their analysis finally moves the subject past anecdotal and self-reinforcing generalizations. The book provides a better term--labyrinth--for the unfair journey many (ambitious)women face. And the professors pulled off a neat stylistic trick: Scholarship and easy-to-read.--Larry Morrison


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Posted in Investing (Saturday, August 30, 2008)

Written by Lauren C. Templeton and Scott Phillips. By McGraw-Hill. The regular list price is $27.95. Sells new for $15.95. There are some available for $12.45.
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5 comments about Investing the Templeton Way: The Market-Beating Strategies of Value Investing's Legendary Bargain Hunter.
  1. Easy read about one of the man who looked beyond what others looked for when investing.


  2. The Templeton Way is possibly the best book on stock investing that I've ever read. Between this and One up on Wall Street, one will receive the insights need to invest in stocks successfully. One thing that sticks out to me is the simplicity of thought and wisdom that comes from the pages. If you are serious about strengthening your skills as an investor, this book is for you.


  3. If you really want to read this book, borrow it from the library. It's not worth owning; frankly, it's not worth reading either.

    It certainly does not compare to One Up on Wall Street or any of the offerings of Peter Lynch. The best part of this book is the foreword by John Templeton; however, there is truly nothing worth reading after that.

    The style is engaging; the content is anemic. Sure, there are lots of anecdotes about the highly successful investing style of Sir John and his penurious predilection--nothing new there; his value investing style is well known and documented. There's nothing really valuable in the anecdotes that he provides. If what is written is novel, perhaps the ready shouldn't invest directly in common stock!

    Overall, a disappointing book, but I am sure it was a nice present for Uncle John.


  4. I bought this book hoping to learn more about how to invest in foreign stocks since Templeton was known for that. Unfortunately other than a few simple things like checking to make sure a government's debt is no more than 25% of GDP, there were very few specifics. The author presents a couple of examples where "Uncle John" took advantage of distrust in foreign markets (like investing in South Korea during the Asian financial crises) to make great investments, but doesn't go enough into enough detail to be of any real benefit to anybody.

    The book is more about the very basics of being a value investor and the attitudes needed to be successful in investing (ie, don't follow the crowd, buy low P/E or low PEG stocks, diversification). But even that is presented in somewhat of a haphazard way compared to other books, such as Peter Lynch's books or some of the books about Warren Buffet. Chapter 6, "No Trouble TO Short The Bubble", is not much more than a recount of the tech wreck and an admonishment to people who bought tech stocks at high P/Es. The main points of the book could have been made in half the pages. Only the last chapter on China was interesting.

    I gave three stars because this would be an ok book for a beginning investor, but for an intermediate or advanced investor this in not much more than a rah-rah book about value investing and is more like one or two stars.


  5. I was very exited to find a Investment book on John Templeton investment strategies. But after reading this book I am very disappointed. This does not mean I disagree with John Templeton strategies. The main problem is with the structure of this book. To me, author seems to be very confused whether he wants to write Templeton biography, his strategies or history of countries which Templeton used to cover.

    To give you an example, chapter 10 runs into 20 pages detailing China's economic and political events. It has got just three main messages. Buy stocks in countries 1) with high savings rate 2) trade surplus 3) and high profits attracts competition.

    So If you have patience to read 268 pages, which could well be condensed into not more than 100 pages, this is a good book. I have given it two star, because I do not appreciate anything which waste time.


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Posted in Investing (Saturday, August 30, 2008)

Written by Peter Conti and Peter Harris. By For Dummies. The regular list price is $21.99. Sells new for $11.81. There are some available for $11.71.
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5 comments about Commercial Real Estate Investing For Dummies (For Dummies (Business & Personal Finance)).
  1. As a seasoned commercial real estate investor, let me say this is a horrendous book. Much of what they say is just plain wrong. THE REST IS FLUFF AND HYPE. It may sound good on paper but much of their advice will simply not work in the real world.

    I bought this for my son to "get his feet wet" and decided to peruse it prior to giving it to him. Thank God I did! It is now in the trash can.

    Additionally, much of it is just a sales plug for their other products. After reading it I doubt they are commercial real estate professionals but rather self proclaimed gurus. Those of us "in the know" see right through this book. SKIP THIS BOOK! IF I COULD RATE IT LOWER THAN A 1 I WOULD!


  2. An excellent book covering all aspects of commercial real estate. Dominantly multi-family residential. Many enhanced checklists to follow, real life examples, and internet links for more info. I look forward to following Peter's techniques to one day be able to close large profitable deals, too!


  3. I noted that most of the positive reviews occured in a 5 or so day period around the 1st of March -- all are *too* well written to be considered from the 'common' reader. And, each of the reviews only says positive things, where most people would find positive aspects of what was written, and at least one negative aspect. Be aware.


  4. thanks Peter for this great publication
    Easy to understand and well developed.
    Looking forward to possible mentoring


  5. I had just read four commercial real estate books and this one was by far the most comprehensive. Well-written, very accessible. This clearly illustrates that with a persistence and focus, one can dispel many myths about getting started with investing in commercial real estate.


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Posted in Investing (Saturday, August 30, 2008)

Written by Linda M. Johnson and Herbert C. Sieg. By CCH, Inc.. The regular list price is $93.00. Sells new for $69.75. There are some available for $73.95.
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No comments about Essentials of Federal Income Taxation for Individuals and Business (2008).



Posted in Investing (Saturday, August 30, 2008)

Written by Ed Easterling. By Cypress House. The regular list price is $39.95. Sells new for $24.99. There are some available for $29.99.
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5 comments about Unexpected Returns: Understanding Secular Stock Market Cycles.
  1. I am not in the financial business, but purchased this book to help me just understand the market for my 401K and mutual funds. After reading it I am starting to feel like I have an understanding of what I'm looking for to start to purchase stocks in companies. This book explained everything perfect.


  2. This book brings fresh and unconventional ideas to the table. The author challenges the very popular buy and hold strategy, and presents a very good case on how using it in the next few years might not be very rewarding.

    His idea is that we are entering a secular bear market, similar to the one that occurred in the 60s-70s. A secular bear market is a long period (10-20 years) where the stock market doesn't perform very well. Although it might have its ups and downs, the buy and hold strategy in this environment leads to ... unexpected returns. As an example, buying and holding in the 60s with a 10-15 year time frame would lead to almost 0% returns.

    Other reviewers complain that if they listened to the author they would have missed the 2004-2007 bull market. But the author is really trying to say that if you stay invested at all times for the next 10-15 years, you might not gain as much as you are expecting. If, instead, you are trying to capitalize on bull markets, and selling in the bear markets, you're not buying and holding.

    Many books advocate the buy and hold strategy. I think everyone should at least read some books that challenge this idea, and this one is a very good place to start.


  3. Ed Easterling gets right to the matter at hand - what actually happens to individual investors and not what is supposed to happen given the vortex of hyporbole one finds in the financial media.

    Ed un-links actual corporate performance from stock price and shows that stock price has a life of its own. Citing nominal and inflation corrected GDP, for periods from the 60s up to the late 90s, Ed shows that while GDP grows fairly consistently, stock price is all over the place, largely driven by investor sentiment in response to inflation.

    The key point however, is not so much to game the system, but to understand that the financial services mantra that large cap stocks grow at average 12% per year and small caps grow at 14% per year over any sustained investment period, is not only unproven, but demonstrably proven wrong. Very simply, time alone doesn't do it.

    Ed's thesis is that there are three sources of return in a stock: stock price appreciation through actual corporate growth, dividends, and increase in P/E. During inflationary or deflationary periods, which are destabilizing, P/E will decline. During sustained periods of annual inflation of 3%, or slightly less, P/E will rise in response to perceived stability. Times are good, investors bid stocks up.

    It would be difficult in a sustained low-inflation environment to succeed as a relative return investor, because P/Es are near their tops. In such an environment, one must turn to absolute return investing and look for bargains.

    The book is well illustrated with historical charts and graphs to illustrate the concepts. In addition, Ed's websight, www.crestmontresearch.com provides updated charts. The mother of all charts however, is the "Stock Market Matrix." In this chart, you are invited to pick any historical date and investment span and see for yourself not what shoulda, woulda, coulda happened, but what actually did happen. The results are quite enlightening.


  4. I ordered this book after seeing Mr. Easterling on TV because he had reinforced some of my own thoughts and suspicions. Without a doubt the author makes a compelling case for why the U.S. stock and bond markets are likely to underperform for the foreseeable future. This is not an easy or fast read, but definately well worth the time of anyone who wants to understand the fundamentals so they can be better positioned for investing successfully.


  5. One of my favorites. I'd recommend this book for any novice investor or student of economics. Offers a unique approach to understanding the secular cycles without going into anything unusual such as the kondratieff wave theory. This book provides a good understanding of both, bull and bear markets with excellent supporting data and charts. You may not care for this book if you're overly optimistic or overly bearish.


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Posted in Investing (Saturday, August 30, 2008)

Written by Carolyn Boroden. By McGraw-Hill. The regular list price is $69.95. Sells new for $39.89. There are some available for $36.78.
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3 comments about Fibonacci Trading: How to Master the Time and Price Advantage.
  1. To start off I would like nothing more than to take this golden nugget of a book and lock it up never to be seen by anyone except for me, but alas I feel it a duty to give an honest review on what I believe to be a great NEW take on fibonacci trading. I use the term NEW loosely, it's new to most traders because I've never found anyone who teaches what Carolyn covers in depth here, and I feel it offers more value than all the other fib systems that have been around for years.
    I've had the pleasure of meeting the author at a seminar in Los Angeles back in Feb 08, and if I have ever seen anyone working their butt off putting their system to the test on a daily basis it was Carolyn(and no I dont work for her). It was simply amazing to see this method which I had not tried or heard about(I've been trading over 9years) of applying fibonacci levels overlapping each other to confirm setups for potential trades, symmetry setups and time and price confluence and cycles creating a robust set of tools for improving ones trading results. And her results were phenomenal, the prices would react like magnets on the charts she had clusters layed up on, I don't know how else to put it other than impressive! One of the great things about this book is that it's full of charts on almost every page, with a topic like this its nice to see plenty of visual elements to keep you focused on the material being taught, the writing is clear and concise and even though most people will doze off when reading trading books the information is to the point, enough to keep you awake and plugging away at it. Believe me financial books are the number one cure for insomniacs!!!!
    I have to say in my opinion this book is not for a total newbie to trading, it would help if you've at least read one or two other books on trading(not investing) or chart reading, because this books is clearly focused on applying Fibonacci techniques to your trading, its not an intro book on how to trade. One thing to note, she is using a specialty program to draw her charts, thats not available on any trading platforms(I use TradeStation,Omnitrader) or charting websites. So if you want to draw it the way she has you many consider purchasing the program, it may be a good investment in your trading career, or you could always sign up to her Trading Room where she does all the work for you.
    I truly believe using whats taught here is a great set of tools to add to any strategy or system to improve your probability of having winning trades, and I am glad she chose to share her knowledge and expertise to help more traders find success.!


  2. This book has everything you need to get started in applying the Fibonacci method to futures and commodities trading analysis. I'm still entry-level in trading and feared this would be over my head, but the charts and graphs are helpful and the tone is accessible. I've already read it twice and constantly refer back to it as I work. It takes a commitment (all of trading does), but I have already begun to experience true results where it counts with this guide. It has really refreshed my game.


  3. I agree with one person's opinion, this is not a beginners book. Though, if you have a little more than novice level of experience with technical analysis, then you can comprehend the analysis. I thought the examples were good and each topic had plenty of examples, even if you do not understand a topic after the first graph or two. I think she has a somewhat clear writing style....but some of the topics can be a little wordy. Moreover, I give this book three stars because of its price for one(69.95) and the sales pitch for two Dynamic Trading Software($1300.00). Also, along with the software, you need a subscription to eSignal $400 annual fee, Quote.com $400 annual fee...but wait....I think you get my point here. There are other books out on the market that address this Fibonacci Trading Analysis, but I will not give any of them free advertising. If you want to learn Fibonacci, yea it's ok, but I would not rely on just one trading method, would you?


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Posted in Investing (Saturday, August 30, 2008)

Written by Thomas K. Carr. By McGraw-Hill. The regular list price is $39.95. Sells new for $21.50. There are some available for $24.19.
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5 comments about Trend Trading for a Living: Learn the Skills and Gain the Confidence to Maximize Your Profits.
  1. I am honored that Dr. Elder would take the time to respond to my recently published book, "Trend Trading for a Living". For the record, the title was chosen by the publisher for reasons not disclosed to me (my own title suggestion was rejected). With all due respect to one whose work I respect a great deal, I'd like to correct his primary assertion: my book has a lot to do with his, for it was his classic text, "Trading for a Living", that got me started on the road toward building techical trading systems.

    As I state in my acknowledgements, "...I am indebted to Alexander Elder, master teacher and market psychologist. Dr. Elder first revealed to me the elegance and logic of technical analysis as applied to price charts. Many of the of the key concepts embedded in the systems explained in this text come from his seminal work...now considered a classic in trading literature" (p. xv). Later in the book, in the introductory chapter, I devote two paragraphs to explaining what I learned from reading Elder's work (p. 17). The principle of "divergence", so central to several of my systems, I learned from him.

    Of course, our books differ markedly. I offer 10 complete trading systems (5 long, 5 short) whereas his book offers 3 systems (triple screen, parabolic, channel). Elder is primarily a futures trader, and his examples are from futures markets, whereas I am exclusively a stock trader. One-fifth of my book is devoted to trend trading stock options but his only mentions options (on futures contracts) in passing. And Elder's book offers a catalog (very helpful) of over 20 technical indicators and sentiment readings while I've tried to simplify things by discussing only those indicators I've found to be most reliable for trend trading (trendlines, RSI, MACD, OBV, CCI, Stochastics, Moving Averages, and candlesticks).

    Regardless, I hope that Dr. Elder would read my book and learn there just how much his work has meant to me. I owe him a great deal of thanks and hope to meet him one day soon to express that.


  2. It was an ok book. I expected alot more from the author. I don't like books that self promote all through the book. I bought the book, obviously I like you and what you represent. I do not need to be reminded of that every few pages.

    It could have been alot more. There was some useful information - but the promotion gets in the way.


  3. Psychology, money management and an edge with a positive expectancy is all you need for trading success. The trading strategies in Dr. Carr's book give you that edge and are also easily adapted to end of day trading and longer trends. The Dr.'s passion for trading and teaching his readers to trade is obvious throughout the book. I've been trading trends for a very long time and I now have a book that I can recommend to people who want to know how to succeed using this method.


  4. A great book with real insight. I particularly like the fact that he actually provides about 10 scan setups to help locate stocks which fit various bull and bear configurations he describes, then he explains how to trade them. Very useful, its at my desk everyday.


  5. The trend trading is match with my style. I have read a lot of books about this such as, Michael W, Dr. Elder's book and more.. that are great books. For "Trend trading for a living", They are a step by step cleary information which is easy to follow and give me more detail to complete my trading system.


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Posted in Investing (Saturday, August 30, 2008)

Written by Geoff Livingston and Brian Solis. By Bartleby Pr. The regular list price is $14.95. Sells new for $8.87. There are some available for $8.10.
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5 comments about Now Is Gone: A Primer on New Media for Executives and Entrepreneurs.
  1. I picked up Now is Gone for a few different reasons. First off, I am always looking for new books to read that espouse opening up the marketing arena. Second, it was recommended to me by a friend. Third, I was hoping that it would be a book that I could use to introduce new media concepts to my bosses, who are not as familiar with it as I.

    It was a great read (I know that the book was sort of rushed to press, so I'll forgive the typos) and turned out to be everything I wanted. Short, concise, succinct even. I put it in my boss' hands the day after I finished reading it.


  2. Do you sometimes feel like you blinked and an entire new way of communicating appeared before your eyes? This book will get you caught up and ready to lead the next lap.

    If you're already there but need to get a client, boss or business partner up to speed -- this is the book for them too.

    You will see opportunities you hadn't even imagined once you've finished this book.


  3. Unfortunately Now is gone is not worth buying. It's a book that should have been a pamphlet. The essence of the book is barely a chapter's worth of meaningful material. The book belabors the same point over and over and yet provides little insight into the greater media landscape. I found the book to be a painful read and yet I slogged my way through more out of my own dedication to the topic than the hopes of finding something meaningful. The most interesting part of the book is the last chapter which is a series of interviews with other people. Again, it is from these interview that the author draws much of the material for the book.

    If you are truly interested in the topic of social network's impact on media and society check out "Groundswell" published by Harvard Business Press.


  4. Now is Gone was written for those who keep hearing buzz words like "social media" and "Web 2.0." It breaks down what social media is and how it will affect businesses and their nature of marketing at a ground level. The book flows very well from one item to another and it allows you to apply it to what you already know and figure out what you thought you knew when it comes to social media.

    As a social media junky and practicing online networker, this book covers the most crucial best practices when looking at social media strategies. Namely, the transparency issue is essential to having a successful social media campaign. With the same fervor and passion that Cluetrain Manifesto portrayed, Now is Gone is perfect for anyone in business who is looking to crack into social media. Whether you haven't started yet or you have a campaign in place, this book allows you to evaluate your approach to elusive Web 2.0 users and engage with them for valuable returns.


  5. Marketing and PR professionals who successfully make the transition to the world of social media have learned that "participation is marketing," and that's the theme of this book.

    Geoff Livingston and Brian Solis have teamed up to offer a punchy little book that's packed with insights into the principles that can guide communicators into, and through, the increasingly diverse and changing marketing environment. They offer organizations and executives a foundation to help create social media strategies for their companies.

    A key point: There is no more 'audience.' There are, instead, communities. By participating in online communities communicators can learn what the community wants and likes, and can create content that's most valuable to it. The take away from this book: build value for your community, and work for them.

    While PR 1.0 was all about controlling the message and broadcasting it, PR 2.0 encourages communicators to spark conversations to help people solve problems and discover new solutions.

    Marketing and PR professionals must create value for their communities: material they find worthwhile. This requires a) knowing what the community wants, b) understanding the intrinsic value the company has to offer, and c) being creative enough to deliver this value in a way that's interesting and compelling.


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Posted in Investing (Saturday, August 30, 2008)

Written by Timothy Butler. By Harvard Business School Press. The regular list price is $24.95. Sells new for $12.17. There are some available for $10.73.
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5 comments about Getting Unstuck: How Dead Ends Become New Paths.
  1. The book's title drew me like a magnet. It was so precise. And I said, "yes, I am stuck and need help in getting unstuck". After starting and succeeding, or not so, at many ventures in life, I have lately been feeling stuck.

    Don't want to do the same things again that I have been doing for over thirty years. Is it mid-life crisis? I don't know. What else can I do? I can only do what I know... But is it relevant anymore? Have I become a has been? Self doubt, self pity, and helplessness have begun to creep in.

    This book has been very helpful. It provides a systematic approach to analyzing the problem and an opportunity to get to know yourself. Some answers may be disturbing. You may find out that what you have been doing all your life so far is perhaps not what you ever wanted to do. You may not even have begun to do what you really wanted to do in life, are good at, and have a passion for. Perhaps, it is not the end of the road, but just the beginning.

    I wish that I had read this book 10 or may be 20 years ago. That would have changed my life. I still have to find courage and discipline to change. But this book certainly provides the nudge that I have needed.

    Author does have a tendency of self accolades in places, which really are not needed, as the work speaks for itself. But, nonetheless, the book is a great and very helpful work.

    Anil Aggarwal
    anil@datagenius.com


  2. often fall into psychological ruts that can lead to feelings of fatigue, worthlessness and even guilt. During such periods, falling asleep at night and getting out of bed in the morning both become difficult. Making decisions gets to be almost impossible. If this state persists intensely over a long period, clinicians call it depression. When these feelings are short-lived and intermittent, psychologist and career change expert Timothy Butler calls it an "impasse." Though uncomfortable, an impasse is good because it can act as a much-needed catalyst for a meaningful metamorphosis. Unfortunately, many people do not know how to get "unstuck" from an impasse. That is where Butler's savvy book comes into play. He provides insightful, hands-on advice telling people who feel stuck how to move along and make necessary, valuable changes. For his exercises to work, the reader must spend time on them and be open to letting them take effect. We applaud Butler's life change program and his intelligent psychological guide. Learn how to overthrow that impasse, and go forward new and fresh.


  3. This is probably the 50th self help book I've read and it is by far the best one yet. Parts of it remind me of the book "Feel the Fear and do it anyway", another highly recommended book for anyone feeling stuck. I have felt stuck, particularly in my career, for well over 4 years now. However, this book gives me a lot of hope, something I've been missing for a while.

    The book makes several great points about not over analyzing everything, the danger of your ego/superego and how they holds you back, and fear. One of the most important points the book makes is that right before we are about to take a step forward, the superego comes in and criticizes what we are trying to accomplish, thus holding us back.

    Lastly, the book helps you tap into and figure out what your passion in life is (career). So if you're feeling stuck in your career or life in general, I highly recommend this book. It beats all the career books I've read, as it delves deeper into your personality and what is holding you back to help you get to the bottom of it. There is a section on personal values and how often times we work for a company that isn't in alignment with our core values, which causes major problems.

    Overall, very insightful and helpful for anyone in career crisis.


  4. Butler's book has one of the best cover images I've see i awhile. A fish leaps into the air, leaving behind other fish swimming peacefully in their glass bowl. At first he seems bent on self-destruction, till we realize another bowl is waiting to receive him. It's mostly hidden at the edge of the page and it's emptier.

    The image is appropriate bcause Butler's book ultimately is about finding vision and image. He keeps referring to the Hundred Careers exercise: choose your top 12 from a list of 100. Then (and this is the important part) uncover common themes.

    Usually I get nervous when career counselors urge clients to work with specific choices, because most people carry inaccurate stereotypes of careers with them. Accountants can be extraverted and sales people can be shy. But I sense that Butler works with each person's unique perceptions of the careers, although he doesn't say so directly.

    Another reviewer suggests that a reader might need a guide to work through the process. I'm more concerned about translating insight into action. If you're an artist trapped in a banking career, how do you carry out the exploration you need? How do you find your new life? OK, a creative decides to become a freelance artist, but things get a little more complicated in real life. Every freelancer I know (including me) has to deal with creating systems to get the work done, marketing, staying motivated, and dealing with dumb things like more ink for the printer and why hasn't the bank transferred over your account forms.

    Of course, vision can be compelling. A strong vision can motivate career changers to find solutions, sometimes almost effortlessly.

    I can't help comparing this book to Herminia Ibarra's book, Working Identity, also published by Harvard Universiety Press. Ibarra emphasizes the zig zag pattern of actions most people take to find their next careers. Most people I know operate that way. They just take one step at a time till they realize that somehow they've landed where they're supposed to be.

    Ibarra also targets midlife career changers -- people who have achieved some success and accomplishment. This book seems directed to younger people who have less at stake. For example, a 35-year-old woman who leaves a high-powered financial career to become a high school teacher, reducing her income from $106K to $34K. Some people make those kinds of moves and never look back. Others realize they miss the lifestyle of the larger salary. Still others get bogged down by conditions of working, like paperwork.

    I can't help wondering how this woman will feel when she's in her fifties and sixties. And I hope she likes teaching, because it's going to be hard to make a shift back to the corporate world from just about anything else.

    Definitely Getting Unstuck holds value for people at the early stages of their career searches. I would recommend it to anyone who's looking for a new way to think about career change. But I've seen people who need to get unstuck not just from their jobs but from their analysis. Exploring possibilities is fun. Translating them to realities - and living with the aftermath - gets a whole lot more complicated.


  5. Knowledge is simplification of information. The book is very well written. It distills years of work into a persuasive style for readers. Go through the "deep-dive" and feel refreshed. Strikes a chord deep down - all those examples.


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Posted in Investing (Saturday, August 30, 2008)

Written by Robert T. Kiyosaki and Sharon L. Lechter. By Business Plus. The regular list price is $10.99. Sells new for $4.35. There are some available for $2.49.
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5 comments about Rich Dad's Guide to Becoming Rich...Without Cutting Up Your Credit Cards.
  1. The way the author explains money makes cents! Really. It's simple, and most people should be able to follow his instructions and get out of debt. It will require sacrifice and diligence, but without these you won't get anywhere anyways!


  2. ...unless you've never read any of his other books. Don't get me wrong, I can't say enough good things about Robert Kiyosaki's books. If you haven't read them (Rich Dad Poor Dad, Cashflow Quadrant, etc.), I highly recomemd that you do. But there's nothing new in this book. It just a retread of ideas already presented in his other books, and not as well. If fact, reading it felt like a advertisment for his other books and products.


  3. This book teaches you to be financially smart with the use of credit cards and that you don't have to cut up your credit cards, but to be financially smart when using them wisely. Credit card companies are just waiting for you to make a mistake and in the world of investing and your portfolio is your report card. Just like in school you've got to maintain that B average and shoot for that A+ card and keep fixing all the little mistakes until you do achieve it.


  4. The book is written very well. It is hard to believe that Robert Kiyosaki almost failed his English class. It is more of an Inspiration rather than a "Guide", however most of the advice is applicable in the real life and I would recommend everyone, who needs a little "push" in life to read it too.


  5. Another Great book to add to all of his others. I find it a great insperation to those of use on the hard road and looking to turn their lives around. Great lessons on what your bankers see as assests and liabilites. A great idea that comes to mind from his book is when he tells us "to get richer buy a car". Use the things in life that we want to drive us to the goals we need to achieve those things.


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Investing the Templeton Way: The Market-Beating Strategies of Value Investing's Legendary Bargain Hunter
Commercial Real Estate Investing For Dummies (For Dummies (Business & Personal Finance))
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Unexpected Returns: Understanding Secular Stock Market Cycles
Fibonacci Trading: How to Master the Time and Price Advantage
Trend Trading for a Living: Learn the Skills and Gain the Confidence to Maximize Your Profits
Now Is Gone: A Primer on New Media for Executives and Entrepreneurs
Getting Unstuck: How Dead Ends Become New Paths
Rich Dad's Guide to Becoming Rich...Without Cutting Up Your Credit Cards

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Last updated: Sat Aug 30 01:51:16 EDT 2008