Posts on 

Books

(0)
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.

This Week: July 4th Push—Four Books Added

In 2024, I challenged myself to accelerate my learning by reading a book (usually a biography) a week. To date, I’ve done it for 70 consecutive weeks. I wanted to share what I was reading and also keep track for myself, which was difficult (see here), so I created a Library section on this site. I added to it all the books I’ve read since my book-a-week habit began in March 2024, and I’ve committed to adding my latest read to the Library every Sunday (see the latest here).

That left the books I’d read before 2024 unshared and untracked. I set a goal to add my old reading to the Library over time. It began with a Memorial Day Challenge to add five books (see here) and continued with my challenging myself to add two books every weekend until my backlog is gone. This past weekend was a holiday weekend and my sixth weekend. I didn't hit my goal of five, but I added four more books:

That’s the update on my July 4th goal.

This Week’s Book: The Fund of Funds King, Bernie Cornfeld

In May, I read A Short History of Financial Euphoria, which described famous financial bubbles from the 1600s’ tulip mania to the 1980s’ junk-bond frenzy and savings-and-loan crisis. One of the companies mentioned was Investors Overseas Services (IOS), a multibillion-dollar fund of funds built in the 1960s by Bernie Cornfeld. I’ve read about IOS and Cornfeld in other books and was always curious, so I read a biography about Cornfeld, The Bernie Cornfeld Story, written by an early IOS employee.

The biography provides an insider’s perspective on Cornfeld’s life, his personality, and how he built IOS. It details what allowed Cornfeld to rise from social worker in the United States to international financier in Switzerland, as well as his battles with the SEC and how his empire crumbled after IOS’s IPO in 1969.

Cornfeld’s story was pretty wild. It’s interesting to learn how he and IOS rode the bull market of the 1950s and 1960s to insane heights but then were crushed when the market began to reverse in the early 1970s.

I still want to learn more about Cornfeld and will look for more books on him and his associates.

4th of July Challenge: Log 4 Books in My Library

I like to use holidays to unwind, but I’ve also established a habit of setting myself a challenge for each holiday. I enjoy a challenge, and it adds something different to the holiday. I don’t always knock these out of the park. Sometimes I succeed, and sometimes I fail (I chronically overestimate what I can accomplish). Either way, it’s fun to push myself toward a goal that I care about (even if others couldn’t care less). I always learn something during the process.

The Library on this site accurately shows every book I’ve read in 2024 and 2025, but not before that. I’ve been adding books that I read before 2024, but that’s a longer-term weekend project. I usually add two books per weekend.

I want to ramp that up a bit this holiday weekend. I’m aiming to add four books to the Library by Tuesday.

That’s the challenge. Very simple. Wish me luck!

This Week: 100x Stocks from Thomas Phelps and Chris Mayer

In 2024, I challenged myself to accelerate my learning by reading a book (usually a biography) a week. To date, I’ve done it for 69 consecutive weeks. I wanted to share what I was reading and also keep track for myself, which was difficult (see here), so I created a Library section on this site. I added to it all the books I’ve read since my book-a-week habit began in March 2024, and I’ve committed to adding my latest read to the Library every Sunday (see the latest here).

That left the books I’d read before 2024 unshared and untracked. I set a goal to add my old reading to the Library over time. It began with a Memorial Day Challenge to add five books (see here) and continued with my challenging myself to add two books every weekend until my backlog is gone. This past weekend was my fifth weekend, and I added two more books:

That’s the latest update on my weekend goal. I hope that sharing these books will add value to others.

This Week's Book: How the Smartest Entrepreneurs Read

I’m a first-generation entrepreneur committed to learning as much about entrepreneurship as I can. The best way I’ve found to do that is to study entrepreneurs. So, every week, I read a book I’ve read about or heard about from an entrepreneur; they’re mostly biographies. I post my latest read every Sunday in the Library on this site.

In May, I watched an interview with Gary Hoover, founder of Hoover’s Inc., which went public in 1999 and was sold to Dun & Bradstreet for $117 million; BOOKSTOP, which was sold to Barnes & Nobles; and the American Business History Center. In that interview, Hoover discussed his personal library of 70,000 books and his approach to learning through reading. And he wrote a book on this topic, The Lifetime Learner’s Guide to Reading and Learning. I’m always looking for ways to improve my approach to learning, so I bought a copy.

The book is a practical framework for learning through reading. It reminds me of Mortimer Adler’s book How to Read a Book, except it’s for people who read to solve problems and generate ideas (e.g., entrepreneurs and investors). Here are my favorite sections of this book:

  • Hoover’s list of the top 160 books you should know about
  • How information flow (sharing what you learn) enhances your learning
  • How you can compound what you learn on the internet with books
  • How the key to success is seeing or understanding something others don’t, which often requires looking where others don’t look
  • The five ways we learn
  • How to leverage network thinking
  • How breakthrough innovations come from combining two well-known ideas that no one considered putting together—connecting the seemingly unconnected is the secret of the genius

I enjoyed other sections of this book too, so this isn’t a comprehensive list.

Anyone interested in multidisciplinary learning or how to read and learn more effectively should consider this book. It’s a great complement to How to Read a Book.

This Week: Adam Seessel and Terry Smith on Growth Investing

In 2024, I challenged myself to accelerate my learning by reading a book (usually a biography) a week. To date, I’ve done it for 68 consecutive weeks. I wanted to share what I was reading and also keep track for myself, which was difficult (see here), so I created a Library section on this site. I added to it all the books I’ve read since my book-a-week habit began in March 2024, and I’ve committed to adding my latest read to the Library every Sunday (see the latest here).

That left the books I’d read before 2024 unshared and untracked. I set a goal to add my old reading to the Library over time. It began with a Memorial Day Challenge to add five books (see here) and continued with my challenging myself to add two books every weekend until my backlog is gone. This past weekend was my fourth weekend, and I added two more books:

That’s the latest update on my weekend goal. I hope that sharing these books will add value to others.

This Week’s Read: Ivar Kreuger’s Billion-Dollar Smoke Screen

I’m a first-generation entrepreneur committed to learning as much about entrepreneurship as I can. The best way I’ve found to do that is to study entrepreneurs. So, every week, I share a book that I’ve read about an entrepreneur; most are biographies. I post my latest read every Sunday in the Library on this site.

Last month, I read A Short History of Financial Euphoria by John Kenneth Galbraith. It mentioned Ivar Kreuger and the scandal surrounding the loans he made to governments in exchange for national match monopolies. I was curious, so I read a biography about Kreuger, The Match King.

The biography is well-researched with a thorough bibliography and notes section. It’s somewhat dense because of the complexity of Kreuger’s empire, but the complexity is fascinating because it gave me context. It does a great job of detailing Krueger’s rise from working construction jobs to being one of the wealthiest men in the world to being one of the biggest manufacturers of matches (this was before most homes were wired for electricity), and also mastering finance and loaning money to foreign nations (with string attached).

I enjoyed learning more about how governments financed their deficits before central banks by borrowing from financiers like Kreuger, J. P. Morgan Jr. (Jack), and the Rothschild family. Learning about the massive debt of Germany and other nations after WWI, the boom of the stock market in the roaring 1920s, its bust in the 1930s, and the impact of all this was eye opening.

Kreuger’s story was pretty wild and full of cautionary tales. Anyone interested in Kreuger or the 1920s and 1930s might enjoy The Match King.

Phil Fisher and Edward Chancellor Books Added to My Library

In 2024, I challenged myself to accelerate my learning by reading a book (usually a biography) a week. To date, I’ve done it for 67 consecutive weeks. I wanted to share what I was reading and also keep track for myself, which was difficult (see here), so I created a Library section on this site. I added to it all the books I’ve read since my book-a-week habit began, and I’ve committed to adding my latest read to the Library every Sunday (see the latest here).

That left the books I’d read before 2024 unshared and untracked. I set a goal to add my old reading to the Library over time. It began with a Memorial Day Challenge to add five books (see here) and continued with my challenging myself to add two books every weekend until my backlog is gone. This past weekend was my third weekend, and I added two more books:

That’s the latest update on my weekend goal. I hope that sharing these books will add value to others.

This Week's Read: Adolph Ochs' Gamble That Built the NYT

I’m a first-generation entrepreneur committed to learning as much about entrepreneurship as I can. The best way I’ve found to do this is to study other entrepreneurs. So, every week, I read a book about an entrepreneur, usually a biography. Then, every Sunday, I post my latest read in my Library on this site.

A few months ago, I read a biography about Albert Lasker, the entrepreneur who pioneered advertising techniques that helped usher in the era of American consumerism. I learned he teamed up with Adolph Ochs to help free a man charged with murder in Atlanta in 1913. They felt he was being wrongly accused because he was Jewish. Researching Ochs, I learned he acquired a failing New York Times (NYT) and turned the newspaper into an internationally respected paper.

I read a biography about Ochs, An Honorable Titan, in March, and I recently read a second biography about him, Printer's Devil to Publisher. The second one was written by Doris Faber, who worked at the NYT, albeit after Ochs had passed. It contains more of the details I craved—specifically, the early years of his life as an information entrepreneur selling directories of all the businesses in Chattanooga and the specifics of how he acquired his first newspaper, the Chattanooga Times, when he was broke and 20 years old. This book also details how speculating on land during a financial bubble ruined Ochs financially and led him to take the biggest gamble of his life: moving to New York City and buying majority ownership of the failing NYT with no money down.

This book isn't too long, but well researched. It gives readers a glimpse of the newspaper world of the early 1900s and explains how a high school dropout acquired one of the most prestigious media properties of that era and influenced the world.

If you’re interested in learning more about Ochs or the early days of the NYT, consider reading Printer’s Devil to Publisher.

Weekend Backlog Drop: Two New Books Added

In 2024, I committed to reading a book (usually a biography) every week, and to date, I’ve done it for 65 consecutive weeks. I wanted to share what I’m reading and also keep track for myself, which, surprisingly, was hard to do (see here). So, I created the Library section on this website. I added to the Library all the books I’ve read since I embarked on my book-a-week habit. And I’ve committed to adding my latest read to the Library every Sunday. It’s a weekend habit that helps me document and share my continuous learning journey in a fun way.

However, I also read books before 2024, and I want to capture and share those as well. My goal is to add them to the Library over time. During Memorial Day weekend, I added five (see here). That inspired me to experiment with adding two books every weekend until my backlog is cleared. Two weekends ago, I added two books (see here), and this past weekend I added two more:

That’s the latest on my weekend goal. I hope that sharing these books via my Library will add value to others.