Discover the best Investing and Lifestyle Resources
Discover the best
Investing and Lifestyle
As we find ourselves just a few weeks away from Christmas, I am both thrilled and humbled to present to you a foreword I had the immense honour of writing for a book that is as unique as it is insightful.
The 2023 Netflix docuseries dives into the largest Ponzi scheme in history.
Although the scheme was discovered in late 2008, investors are still falling for the same tricks.
Expats face unique challenges – financial regulations of both their home country and the host country, different taxation regimes or currency risk. Offshore investment giants like Zurich or Generali International are there to benefit
For our readers itching to outdo the average ‘Golden Retriever’ or ‘Cyclist’ portfolio, craving an edge with more diversification and potential for higher-than-average returns, we highly recommend starting with Berkin and Swedroe’s “Your Complete
Your Money or Your Life by Vicki Robin and Joe Dominguez is one of the oldest and most well-known books about financial independence. While it teaches you how to manage your money, it takes
"The Simple Path to Wealth: Your road map to financial independence and a rich, free life" by JL Collins is a guide to financial independence that demystifies the world of investments. Some parts apply to US Investors, but most of the book is a great introduction to a simple path to wealth accumulation.
"A Random Walk Down Wall Street" by Burton G. Malkiel deftly challenges the myth of expert stock-picking. Understand why an investment approach that values broad diversification and a long-term view will often outperform professional portfolio management.
"Your Complete Guide To Factor-Based Investing: The Way Smart Money Invests Today" by Andrew L. Berkin and Larry E. Swedroe positions you at the forefront of investing knowledge. Whether you are willing to go this path is another story.
"The Psychology of Money: Timeless lessons on wealth, greed, and happiness" by Morgan Housel is an array of stories and anecdotes, revealing that financial success isn't about numbers or strategies, but about behaviour and emotional intelligence.
"Investing Demystified: How to create the best investment portfolio whatever your risk level" by Lars Kroijer deftly debunks common investing myths, advocating for a simplified, low-cost, diversified approach that takes the guesswork out of investing.
"Just Keep Buying" equips readers with the confidence to persist in their investment journey, even amidst market volatility. It's about embracing simplicity and perseverance in your pursuit of financial independence.
Nassim Nicholas Taleb turns our understanding of risk, randomness, and resilience on its head. Taleb introduces the concept of 'Antifragility', a trait of systems that actually benefit from shocks. From human bodies to economies, Taleb unravels how embracing disorder can ignite a transformative leap in innovation and robustness.
"How to Get Rich" by Felix Dennis is a guide to accumulating wealth from a man who went from being a near-bankrupt small publisher to a multi-millionaire mogul. To me, though, the most interesting bits in the book are not about making money - but whether you're willing to pay the price of ruthless realities of the path to riches. Think twice.
"The Almanack of Naval Ravikant – A Guide To Wealth And Happiness" is an anthology of wisdom from one of Silicon Valley's most revered thinkers. This book delivers an unrivalled density of stellar guidance per written word across mental models, investing and personal development.
"The Black Swan: The Impact of the Highly Improbable" by Nassim Nicholas Taleb is a gripping exploration into the profound effect of unpredictable, rare events in shaping history, science, finance, and technology. This book will make you rethink the extreme impact of outliers and our ability to predict them.
"Superintelligence: Paths, Dangers, Strategies" by Nick Bostrom shows an array of AI scenarios, the threats it poses, and the strategies we might employ to control it. Elon Musk was inspired by this book when he created OpenAI. It was a trigger for me to take a course on Machine Learning to understand how it really works.
"Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger" is an intellectual treasure trove curated from Munger's speeches, talks, and insights, sharing his unconventional wisdom on investment, cognitive biases, and life itself. It's far from being just a business book.
"Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones" by James Clear invites you to abandon the quest for overnight transformation and instead embrace the slow, steady, and often invisible progression that leads to profound change. It's an illuminating guide to mastering the tiny behaviours that drive our lives. Simple, not easy.
"Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets" by Nassim Nicholas Taleb is a thrilling intellectual adventure into the deceptive nature of luck in shaping our achievements, successes and even failures, challenging you to look beyond the veil of certainty and accept the unpredictable nature of existence. Be ready to start questioning sources of success.
"The Minimalist Entrepreneur: How Great Founders Do More with Less" by Sahil Lavingia focuses on what truly matters in delivering value to society. I launched Bankeronwheels.com before I read this book, but it confirmed many things I previously noticed about Silicon Valley's flawed approach to start-ups. This book reaffirmed my path with this website.
"Six Easy Pieces: Essentials of Physics Explained by Its Most Brilliant Teacher" by Richard P. Feynman breaks down complex scientific concepts into accessible, engaging lessons, illuminating the beauty and elegance of physics. The book challenges you to think, question, and marvel at the complexities of the universe.
"The Quantum and the Lotus" by Matthieu Ricard and Trinh Xuan Thuan is a fascinating exploration of the crossroads where science meets spirituality. Ricard, a Buddhist monk, and Thuan, an astrophysicist, engage in a profound discussion about the nature of reality, consciousness, and the universe. Both Buddhism and Astrophysics reach similar conclusions.
"Meditations" by Marcus Aurelius is a deeply personal journal of a Roman emperor. Aurelius's thoughts, originally penned as self-guidance, serve as an enduring beacon for resilience, tranquillity, and moral integrity. The book doesn't merely inform, it invites you to ponder their existence, relationships, and place in the universe.
"Outlive: The Science and Art of Longevity" is a thought-provoking journey into the interplay of genetics, lifestyle, and environment in shaping our lifespan. The author unpacks tons of scientific research and combines it with the art of living well, offering practical steps to reduce risks in life. The book compels you to rethink your lifestyle choices and their long-term impacts.
"Power: Why Some People Have It – And Others Don't" by Jeffrey Pfeffer is a book I should read when I was in the Corporate World. For those that are still there, it is an eye-opening revelation about why some individuals wield significant influence, while others remain powerless.
"Around the World in 80 Days" by Mark Beaumont is a tale of physical endurance, sheer determination, and the spirit of adventure. He shows the boundaries of human potential, cycling around the world in a record-breaking 80 days, overcoming extreme weather, diverse terrains, and immense physical and psychological challenges.