Billions of books are published each year, but the classics never lose their value.
The opinions expressed by collaborators are personal.
More than 300,000 books are published each year in the United States. How to find the truly valuable among so many pages? You could read 100 books a day and not have scratched anything that's out there. You can't read everything, nobody can. Also, you don't want to waste your time with 100 books, you want a handful of books that are truly profound. Choose what you read wisely, just as if you were choosing a partner for a date.
In my best seller Millionaire Booklet published last year, I put a list of books that I think everyone should take the time to read. I want to share with you some information from these old books that are still relevant today. Classics are classics for a reason.
This book was written on behalf of Andrew Carnegie based on interviews with hundreds of successful people in the early 1900s, including Henry Ford, JP Morgna, John D. Rockefeller, Alexander Graham Bell, Thomas Edison, and Theodore Roosevelt. It was published in 1937 and has sold over 70 million copies. Here are some basic steps that you must follow to create wealth.
Desire: Every achievement begins with an intense and burning desire to do something definitive. Do you really want money?
Faith: Your mind has no limits, except those that you put yourself. Both poverty and wealth come from what you believe. Do you have faith that you can get rich?
Knowledge: People who stop studying after school are mediocre people. The path to success is the constant search for knowledge. Are you trying to have new skills?
Planning: You have to have goals. When you fail, it is not a permanent failure unless you quit. Are you clear about your goals?
The practical steps in gaining power in this book are some of the best there is. To get rich, you must have positive emotions continuously and not let your mind sink into the negative ones. This is one of the key reasons why I have a “no negativity” policy in my office and at home.
Visualize and believe in the success of your wishes. Have faith, love, enthusiasm and hope, avoid the environment, envy, hatred and greed. You are in control of your thoughts and your mind can produce anything. Think and get rich!
Written in 1994, there has been a lot written about Buffet since then, but nothing compares to this issue that reviews Buffet's basic principles.
There are many books with the word 'Buffet' in the title because his name sells, but this book has everything you need to understand about this man who is worth 74 million dollars.
This reading contains a detailed analysis of Buffet's main investments in his early partnerships, and detailed descriptions of the circumstances surrounding how those decisions were made. This makes it a very interesting material for anyone who is interested in following in his footsteps.
Some of the questions we should ask when investing include: Is the business simple and easy to understand? Does the business have a consistent history of operations? Do you have favorable long-term prospects? Is your management rational? Is your administration kind to partners?
Some of Buffet's rules when investing include: Focus on return on capital, not earnings per share; look for companies with high profit margins; For every dollar you earn, find one dollar of market value that has been created.
Buffet is not emotional, he has a long-term focus and he is not afraid to bet on his ideas. Investing doesn't have to be complicated. Don't try to beat the market or you will lose. Warren Buffet's method has produced $ 74 billion. I can imitate that!
That they are well.