A lot of the book is about the psychology of investing and the psychology of making money. He discusses in great detail his five Financial IQ's: Making more money, Protecting, Budgeting, Leveraging, and Improving financial information. He gives many real life examples from his past, including how he started his first major business, the first company to market surfer wallets. Not only does he discuss his business experiences, his also discusses his psyche behind the business decision making process, from beginning to end. The best anecdote in the book was about how he flew into North Vietnam, during the war, to buy gold.
In one chapter, he goes into great detail about how the government and politics can affect the economy and investments. He even discusses which he thinks is the best investment opportunity at this time. I won't ruin it for you by telling you what it is, but I'll give you a hint; it's not real estate. Check out Chapter 7.
If you are looking for a book that gives great advice on being a financial success, then this is well worth reading.
1 comment:
i agree, didn't read a book yet but i will, in meanwhile check this out at my blog http://tman-tenthingsthatido.blogspot.com/
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