- helpful votes
Little too adulatory
I'm surprised the author could get his lips off of Bezos butt long enough to write most of this book. It's a good rosy colored biography and telling of the amazon story.
McKinsey is a scam
Why anyone at any level would pay McKinsey for anything baffles me. They are the masters of bullshit and saying nothing or the obvious, masking their nonsense with "our studies have shown" or some other academic sounding preamble to somehow convey that what they say has any value. Literally the biggest con going in corporate America. You are much better off buying a basic accounting and finance 101 book. I know of executives would engage McKinsey to write a reports recommending the actions the executive wanted taken, needed to show were "independently" prescribed by outside impartial third parties. Literally the firm is a scam and contributes nothing to management or finance but reducing shareholder earnings by parasitically draining precious cash flow into their coffers with their consulting fees.
0 of 5 people found this review helpful
This guys is sooooo boring
Kill me this had maybe 15 minutes of anything that was actually educational or interesting. I don't know if it's because he's Canadian or what but this man is the most boring man on earth
0 of 2 people found this review helpful
It was really entertaining and enthralling. This might actually be a compliment more than a criticism. I just found all the main protagonists to be so detestable and unsympathetic that it was hard to care what happened to any of them. I don't know if that's because they're meant to be so, or just because the author can't write a likable character into her story. They were all English after all so maybe my dumb American sentimentalities got in the way of appreciating the nuance here. Who knows. Still worth the purchase.
Do not buy this book it is garbage
This book is absolute garbage, it says nothing, it is full of half-baked and quarter baked idea is that if you actually listen to you will lose your shirt. This is just pure drivel that is put out there, That is full of half-truths and out right lies, and that is intended just to take your money under the guise of teaching you something. Please if you take nothing else from this review realize it's a waste of your time and money, they are books like market wizards, and reminiscences of the stock operator that you should get. Do not waste one second of your life on this POS
3 of 3 people found this review helpful
This book is more of an advertisement for their services
I actually looked up the authors company and read about what employees current and past had to say. Basically they said that he hasn't made money since the Internet boom, and the objective of the firm and this book is to sell their training courses and various other things they market. Well I don't think that's fair since there are some good insights in the book, it is clear that it is more an advertisement than anything else. In addition they keep talking about how much money they make and how great they are, and they don't mention that any trader who works for them basically has to put up a lot of their own money to participate 50-50 with the firm. I would be very suspect,I much prefer market wizards or reminiscences of the stock operator if you're really trying to learn how to trade.
11 of 12 people found this review helpful
This is just an ad for his advisory and web
While he says some worthwhile things about risk management, most of the book is an advertisement for his newspaper and web businesses. it's extremely distasteful the disingenuous when he tells people that find out if your broker goes to Oneils seminars subscribes to his website, and subscribes to his newspaper, as criteria to use to know if he is in fact a good broker or not.. Also there's a lot of oversimplification here that maybe was effective in the 60s and 70s but doesn't by itself guarantee any kind of success in the world of dark pools and high frequency trading. There are better books out there that are more sincere in their advice and less an advertisement for the authors other seminars and publications.
0 of 1 people found this review helpful
Helpful but flawed
This is helpful and is very good about pointing out certain internal dialogues and perceptions which get traders into trouble. It also offers some helpful advice in terms of introspective techniques. Sadly the author has a bafflingly poor understanding of basic neurobiology and economics, and I don't understand how he could be an actual formally credentialed psychologist. There is a lot of loosey goosey theorizing going on without any substantiating evidence. Nevertheless he does help in identifying what most traders do wrong in terms of patterns of behavior so on that alone it's probably worth the read.
I liked the book and found it really insightful. The only frustrating part is some parts get a little too long winded and could be better if some editing were employed. The other very unfortunate part of the listening experience is the narrator is apparently a non-financial person, and so mispronounces some financial terms. I think somewhere in there someone would correct the narrator with regards to the correct way to pronounce "arbitrage". This is just one example that takes away from an otherwise amazing learning experience. I would recommend buying every market was a book out there because they really are uniquely brilliant.
0 of 1 people found this review helpful
This is mostly filler offering such useless "smart tips" as use a card table or maybe a separate desk to set up your computer, and remember to have a good attitude in conducting your business, as the type of medical billing tutorial advice given. In addition more than half of this is justcopy pasted stuff from other entrepreneur magazine articles relating in general to accounting and marketing. I know this is how they make money just putting out the same thing over and over again but it's four hours that could've been done in 25 minutes in terms of actual information conveyed. In addition it is very annoying and hard to listen to because there's so little information and it is so stuffed with mindless filler. I am returning this book for a refund. I will never get my 4 1/2 hours back though
10 of 12 people found this review helpful