The list author says: "10 exceptional books that can help sharpen your mind to beat the odds - fast. Not by saving dilligently for 10, 20 years... but by using your head intelligently. Taking risks skillfully. Absorbing worldy wisdom. Using high performance psychology. Game Theory. Negotiation skills etc.
No poetry. No romance. We're looking for books that propell our performance for one goal only; financial reward in the business world.
Remember, in Europe/USA, only about 0.50% are 'rich' (defined as liquid assets of USD 1m<). That's 200:1 chance !!!
One has to become extremely exceptional (and lucky). It's a game of skill & chance. We must improve our skills while we can do little with chance, except exposing ourselfs to Lady Luck ... and trying not to make fools of ourself.
"Obvious but often overlooked; in order to win you must take risk. Understand the difference beween betting and gambling, probability of outcomes vs magnitude of outcomes, size of individual bets (Kelly formula), consistency vs. home runs. To me, Texas Hold'em No Limit Poker resembles the art of risk taking as a game. Remember; you cannot play poker not to lose."
"One of the smartest books i've ever read. It covers 'what influences our thinking', 'the psycholgoy of misjudgements', 'the physics and mathematics of misjudgements' and 'guidelines for better thinking. The worldy wisdom of Charles Munger & Warren Buffet combined."
"The ability ot make smart choices is a fundamental life skill and this is a fantastic and practical book on making decisions (incl. decision trees). Remember, one of the advantage of a fellow like Warren Buffet is that he automatically thinks in terms of decision trees."
"Remember, by definition being exceptional puts you outside the team (2% or less). This book could also be called 'The Neurobiology of High Performance' which offers many techniques for exceptional performance which go often against conventional self-improvement and performance techniques. Exceptional book for exceptional performance !!!"
"To be able to negotiate effectively is a fundamental life skill. If you can put a dollar value on what's to be negotiated, this is the very best book. Understand; first bid/offer 'philosophy', goodwill concessions, toughness in negotiation, most useful negotiation word etc."
"In a scalable environment, there's no more important concept than Pareto's 80/20 principle. While deceptively simple it's not intuitive. Remember; out of 100 workers 20 stars produce 16x more than the rest (80 output/20 star workers)/(20 output/80 workers)=16x! Using this principle continuously can produce outstanding results."
"It isn't failure that hurts us most - fear of failure does the greatest damage. A few things we can do in order to reduce our fear of failure; dating, extreme sports, trading, selling etc. The most business relevant is certainly selling. A brilliant book on the art of selling."
"Financial success is a game of both skill and chance - and infuriantingly, which of those things is most importants often changes without warning. Being able to take risks skillfully we need a profound understanding of risk vs. luck. Fooled by Randomness is all about risk vs. luck. This may very well be one of the smartest books ever written."
"Military collected more genuine intellects and risk thinkers than most if not all other profession. This is the one in all book on military geniuses incl. Alexander, Patton, Hannibal, Napoleon, Clausewitz ... studying those men can greatly help you in strategical & tactical thinking."