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A Good Economics Read
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Phaoro
#1 Posted : Tuesday, December 29, 2009 4:58:08 PM
Rank: Member

Joined: 10/6/2009
Posts: 164
I am interested in learning more about economics for personal improvement. Please share any good books that can make a good read. I am also a light weight on this area and therefore please dont suggest some heavy weight type books, I am not ready to plunge myself into Keynesian theories bla bla bla. Just looking for a type of book I can read at the end of a long day. Have a happy holiday season and a productive and safe new year.
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Radiance
#2 Posted : Wednesday, December 30, 2009 6:07:09 AM
Rank: New-farer

Joined: 11/30/2009
Posts: 47
Location: Nairobbery
In economics 'light read' is an oxymoron. Try the wealth of nations by adam smith for a start. It may be centuries old but captures the essence
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sheep
#3 Posted : Wednesday, December 30, 2009 6:33:27 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
1.THE RICHEST MAN IN BABYLON by george clarkson 2.THE INTELLIGENT INVESTOR-benjamin graham 3.ONE UP ON WALLSTREET-peter lynch 4.REMINISCENCE OF A STOCKS OPERATOR-jesse livermore 5.HOW TO TRADE IN STOCKS-jesse livermore 6.HOW TO MAKE MONEY IN STOCKS-william o`neil 7.EXTRAORDINARY DELUSIONS AND MADNESS OF THE CROWDS-charles mackay 8.WISDOM OF THE CROWDS-james surowiecki All this books are fun to read and dont bore you with professor like nonsense....keep it simplesmile
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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Zakumi
#4 Posted : Wednesday, December 30, 2009 7:50:11 AM
Rank: Member

Joined: 11/16/2009
Posts: 152
@sheep.i hv read the richest man in babylon.its a brilliant read with practical lessons...i think it shld b recommended for anyone in search for personal financial prosperity.
The Strong Do What They Want,The Weak Do What They Must!
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Phaoro
#5 Posted : Thursday, December 31, 2009 4:19:00 PM
Rank: Member

Joined: 10/6/2009
Posts: 164
Thanks for the response, i will look up and read those books.
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Phaoro
#6 Posted : Thursday, December 31, 2009 6:09:42 PM
Rank: Member

Joined: 10/6/2009
Posts: 164
The rest of Wazua community what are you reading?
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muganda
#7 Posted : Thursday, December 31, 2009 6:13:36 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
@Phaoro, this is what I read today Why Wise Leaders Don't Know Too Much Not exactly a book or economics but I thought to share. Tell me what you think.
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Wakanyugi
#8 Posted : Thursday, December 31, 2009 6:18:03 PM
Rank: Veteran

Joined: 7/3/2007
Posts: 1,635
The rest of Wazua community what are you reading? "What the Dog saw" a collection of articles by by Malcom Gladwell. Not as good as his other books. But the piece he did of Nassim Taleb now seems prescient, considering the global financial implosion of the past two years. BTW Taleb has since made it big; from his two books, from speaking tours and of course by betting on randomness.
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
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Phaoro
#9 Posted : Thursday, December 31, 2009 6:49:00 PM
Rank: Member

Joined: 10/6/2009
Posts: 164
@ Muganda I read that piece, its thought provoking and raises the question - when do we know we are suffering from information overload and over analysis of information. @ Wakanyugi I see i got some reading to do, thanks for chiming in
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Scubidu
#10 Posted : Monday, January 04, 2010 1:48:30 PM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
Try Freakonomics and Superfreakonomics by Lewitt. It will tickle you in ways you never thought.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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