Here is a sneak peak into what Team Moneybee is reading in the rainy weekends and their views.
- Elon Musk by Ashlee Vance – A book about how one man is changing our future in cars, space, solar and transport. It is interesting to note that how innovative businesses required 100% commitment of time, energy, money from not only the promoters but also the team involved. It is an interesting read in future and has amazing lessons on entrepreneurship [which as bankers we think is the need of the hour].
- Marching with a Billion by Uday Mahurkar – A critical evaluation of the current Indian government in power in 3 years. It makes an interesting read to who follow politics and policy making. The book also touches upon the sensitive area of demonetization and other areas of governance like foreign affairs, finance, digital technology and agriculture. Everything is spoken.
- Think and Go Rich by Napolean Hill – Success comes to those who become success conscious. Failure comes to those who indifferently allow themselves to become failure conscious. Think and Grow Rich by Napoleon Hill examines the psychological power of thought and the brain in the process of furthering your career for both monetary and personal satisfaction. The object of this book is to help people learn the art of changing their minds from failure consciousness to success consciousness. Riches begin with a state of mind. If we want to get rich, we must first change our minds so that we become, as Napoleon Hill calls it, money conscious. He says that we must literally THINK ourselves rich. The term riches by the way could mean any form of wealth like money, happiness, healthy relationships, business success etc. This book offers the How-To of the aforementioned concept. It shows us how we must think to become money conscious. It shows us how to think ourselves rich, how to control our minds and our thoughts so that we can become rich.
- The Subtle Art of not giving a F*ck by Mark Mason – A New York time bestseller is a self help book to embrace your problems in this “perfect moment selfie”obsessed world. It is the opposite of every other book. Don’t try. Give up. Be wrong. Lower your standards. Stop believing in yourself. Follow the pain. Each point is true, useful, and more powerful than the usual positivity. Succinct but surprisingly deep, I read it in a weekend. Worth It.
- Common Stocks & Uncommon Profits by Philip A Fisher was published in 1958. The book propelled him to his now legendary status as a pioneer in the field of growth investing. In the book, Fisher has outlined the essence of his approach to hunting quality stocks – “Scuttlebutt”, which basically means conducting detailed interviews with stakeholders – suppliers, customers, shareholders, employees and competitors about a company’s prospects. Apart from elaborating on “what to buy”, Fisher also enlightens his readers on “when to sell”, which according to him is “almost never” by treating a stock not as a trading chip, but as part ownership in a business. Published in 1958, the book is still a required reading at the author’s alma mater, Stanford Graduate School of Business.
- The everything Store – Jeff Bezoz and the Age of Amazon by Brad Stone –
absolute brilliant insight in this internet giant and its founder. Learning from interesting Management Theories to lessons of frugality to passing all VUCA metrics. Study on how a company survives market meltdowns and changing legal and regulatory framework. And the most important – how a company this big can reinvent itself again and again with acquisitions, amazon web services, kindle, prime, music etc. A true story of CUSTOMER is the KING.
Let us now in comments what are you reading this monsoon.