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Book Review: Stats and Curiosities: From Harvard Business Review

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If you ever took a college course on stats you are likely to recall counting ceiling tiles as more exciting. However, stats can provide all types of useful and interesting information that can spark the imagination. Within the book Stats and Curiosities you will learn about the human brain, business behavior, health, gender relations, and the economy. It provides tid bits of knowledge and insight into some of the most common things we do but have no idea were doing them.  Did you know that 19% of high status people believe that others smile at them more? It may not actually be true but how people view themselves has an impact on what they see in the environment. Even more interesting powerful people actually believe they are 6 inches taller.   None of it may be true but it seems to pay psychologically to think yourself high status and powerful. Of course some statistics have large implications for business. Thirty percent of financial professionals feel pressure to either vio

Book Review: Buffett: the making of an American Capitalist

Rarely do we get a glimpse of the life of the successful and famous.   To many in the business world Warren Buffett is more like a god than a man. In his book Buffett: the making of an American Capitalist you won’t be receiving insider investment tips but you will come to know a little of the man that has been an inspiration to business students and investment gurus for a number of decades. You will learn what made him the man he is today. Sometimes, it is those little things in life that put on us on unique paths. Of particular interest is the information about Buffett’s life and his formation as a leading investor. He started as an odd but liked child who seemed more like a fish out of water than the confident billionaire he is today. A little socially awkward people came to accept him as he was. He watched the stocks while other boys made modeled airplanes. A boy who loved to play sports, talk of financial success, and attract other boys to him.  He loved to read and a

Book Review: A Small Management Tips Book with a Big Punch

Management Tips by Harvard Business Review offers some important advice for managers. The book is small but gives strong advice and explanations on how to become a better manager. It is something that you put on the shelf and refer to the key principles of management when needed. It is broken into managing yourself, managing your team and managing your business. You can zoom through the book in a few hours.  You may be interested in a few tips: Listen: Listening is a skill that is learned over time. Truly listening means to try and understand what another person is saying and why they are saying it. You can determine a lot about the person, their goals, their motivations, and their personalities simply by listening. The book encourages readers to think about the conversation and try and understand where it is headed.  Be Confident-But Not Really Sure: Having a strong opinion is a sign of confidence but being so sure about that opinion is mental weakness. The point i

Book Review: Alan Greenspan’s The Map and the Territory

Alan Greenspan’s book The Map and the Territory-Risk, Human Nature, and the Future of Forecasting delves into the intricate nature of the economy and his life lessons on economic management. He discusses the nature of human decision-making as animal spirits, how uncertainty impacts choice, productivity as a measure of performance, and the advent of globalization. The book provides a general overview of the nature of the economic systems and the knowledge he has accumulated from it. For those who are in higher education they will appreciate the section on Education’s Gini. In the old days, professors worked with a few hundred students but online education is about to make the super professor. These are the professors that reach out and touch thousands of students at one time. The industry is in the process of making its way into the mainstream and developing new technology. Of course, the age old problem of variability in human behavior has not been resolved. Alan Greenspa