● Rethinking Investing: A Very Short Guide to Very Long-Term Investing
Charles D. Ellis
Summary via publisher (Wiley)
In just 10 short, accessible, and inviting chapters, Rethinking Investing: A Very Short Book on Very Long-Term Investing presents straightforward steps that ordinary people can take to better invest their money. This book dispels myths about the value of investment managers, highlights emotional tendencies that can cloud our financial judgment, explains why index funds are a savvy choice, and reveals secrets like why it’s better to wait until age 70 to receive Social Security benefits—along with the calculations that make this decision crystal-clear. Written by renowned investor and popular author Charley Ellis, this must-read resource shows you how to set yourself up for investment success.
● Stuck: How the Privileged and the Propertied Broke the Engine of American Opportunity
Yoni Appelbaum
Adapted excerpt via The Wall Street Journal
In January, the devastating wildfires in Los Angeles spurred California Gov. Gavin Newsom to do something extraordinary for a progressive politician: take aim at regulations. In an executive order designed to help residents rebuild, Newsom suspended environmental reviews, told state agencies to identify rules that might impede construction and instructed bureaucrats to rush any necessary permits through the process.
The measures, Newsom explained, were made necessary by the loss of thousands of homes in a city already suffering a housing crisis. All of which seemed perfectly reasonable. So reasonable, in fact, that it raised a troubling question: If the only way to rebuild was to suspend the regular rules, why were those rules there in the first place?
● The Little Book of Bitcoin: What You Need to Know that Wall Street Has Already Figured Out
Anthony Scaramucci
Review via DL News
He presents Bitcoin as a market disruptor, much like Amazon and Apple revolutionized their respective industries.
“Bitcoin is Netflix. Bitcoin is the iPhone. Bitcoin is the inevitable pull of progress that will level everything in its wake. You either ride that wave or get ridden,” he writes.
He finds it frustrating that some, including Kevin O’Leary, didn’t “get” Bitcoin even though the Canadian entrepreneur is an “avid Rolex collector, so he understood how stores of value worked.”
“Sometimes, we make investing – and life, for that matter – much harder than it needs to be. Sometimes, the answer is staring you right in the face,” Scaramucci writes.
● Markets & Momentum: How Profiling Gives Traders an Advantage
James F. Dalton and Robert B. Dalton
Summary via publisher (Wiley)
In Markets & Momentum: How Profiling Gives Traders an Advantage, James F. Dalton and co-author Robert B. Dalton dramatically expand on their revolutionary first book, Markets in Profile. Summarizing a lifetime of experience—from formative memberships on the CBOE and CBOT to his role as UBS Director of Hedge Fund Research—Jim challenges traders to recognize that market-understanding must be balanced with self-understanding. Jim’s deep market savvy is complimented by Rob’s engaging prose that adds a wealth of insight about the powerful influence of unexamined emotions, impulses, and habits on your trading success.
● Climate Justice: What Rich Nations Owe the World―and the Future
Cass R. Sunstein
Review via The Washington Post
It might seem obvious and straightforward that, when it comes to climate change, the United States owes something to the planet’s less-wealthy nations for the consequences of our fossil fuel burning.
The United States and China together generate more than 45 percent of the world’s total carbon dioxide emissions. In 2020, emissions from the entire continent of Africa were close to a quarter of those from the United States. And that’s just annual emissions. If you look at cumulative emissions — how much of the excess CO2 in the atmosphere was put there by whom over time — the United States also tops the chart: As a country, we are responsible for 22 percent of all the world’s emissions throughout history, while 14 percent have come from China and 16 percent from the European Union. Only a handful of other countries are responsible for even single-digit percentages of the world’s emissions.
● The Sacred Truths of Investing: Finding Growth Stocks that Will Make You Rich
Louis Navellier and David R. Evanson
Summary via publisher (Wiley)
In The Sacred Truths of Investing, renowned stock picker and well-known media personality Louis Navellier delivers a blueprint to confidently and reliably pick winning stocks rather than relying solely on ESG, ETFs, and other index mutations for investment success. Backed by his proven experience, Mr. Navellier imparts both underlying theory and practical guidelines to enable readers to holistically understand the forces that shape the market and determine its direction.
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