All tagged recommended reading

Book Review and Summary: Never Split the Difference by Chris Voss

“Negotiation is not an act of battle, but a process of discovery.”

This month’s book is all about negotiations. It’s called “Never Split the Difference: Negotiating as if your life depended on it” by Chris Voss. Chris Voss is a former FBI kidnapping negotiator. He shares nine key strategies hat he and his colleagues learned and use to help people in very risky situations. Here are the chapters in the book which correspond to the nine tested strategies.

Book Summary: The Color of Money - Black Banks and the Racial Wealth Gap by Mehrsa Baradaran

“...the currency of the South was the slave”

This month’s book is “The Color of Money - Black Banks and the Racial Wealth Gap” by Mehrsa Baradaran. It covers the history of Black banking and the role of racism in the economic independence of the Black community.

Today, on every socioeconomic level, Blacks have significantly less wealth than whites. The book explains how the racial wealth gap was created that continues to affect millions of families in the United States. There were also many laws and policies like the GI Bill, the Homestead Act and the FHA that denied the Black community the opportunity to advance and economically prosper.

Book Review & Notes: Out of the Rat Race By Eric Duneau

“Keep your focus. You are planning your financial independence. You are in a different game. Don’t be jealous of their fancy stuff.”

Book Review & Notes: Out of the Rat Race By Eric Duneau is the story of his journey to reach financial independence. It covers everything from the history of money, real-estate investing, the importance of human capital, attitude and how to leverage it all for financial freedom.

Book Summary: The Little Book of Common Sense Investing

“The two greatest enemies of the equity fund investor are expenses and emotions.”

In honor of the passing of John C. Bogle, found of Vanguard and father of index funds, I picked up the updated edition of his book “The Little Book of Common Sense Investing.” I’ve heard of this book before, but never got around to picking it up. It’s a worthwhile book to read especially for those new to investing or those that need a refresher on the value of investing.