Skip to main content

Posts

Showing posts with the label Book Summaries

Financial Literacy for Managers : Richard A. Lambert

Business Strategy Financial Literacy for Managers Book Summary: Richard A. Lambert The One-Line Takeaway True financial literacy is not about accounting; it's about closing the gap between daily decisions and their financial impact by mastering the "instruments" of the business—margins, turnover, and valuation. Many managers view finance as a "black box" handled by accountants. Richard Lambert argues that finance is actually a language for storytelling. It turns complex operational data into a clear story about where the business is heading. 5 Golden Insights 1. The Financial Dashboard To drive a business, you need to read three specific gauges: The Speedometer (Income Statement): How fast are you genera...

Mnemonic Memory Palace Book

  Be sure to have a notebook dedicated to your memory palaces be sure to write down in a notebook all the pegs of your house, and in which order they are. You now have one memory palace In case you need a new memory palace one time, simply start walking a new route for fun. Just a few real life walk throughs where you make note of possible pegs, and you will pretty quickly be able to visualize the walk with your eyes closed. A good idea is to use a camera to take snaps of the route you use. This makes it easier to remember a new walk. If you drive, or take the bus a lot, think of at least one memory palace based on journeys as well. Walk through these routes, and pay attention to objects/locations you may use as pegs along the route. Next time you pass then, take photos. Note everything down in your memory palace notebook. Violence is always great for remembering.  construct/decide on at least around two to five memory palaces based on houses, and six to eight memory palaces b...

Memory Power by Dhaval Bhatia

Introduction The human mind always remembers whatever is special, different, unusual or extraordinary. It forgets whatever is trivial, ordinary and routine YES, I KNOW A NUMBER pi value: 3.1416 !! => mnemonics. The human mind always remembers whatever is special, different, unusual or extraordinary. It forgets whatever is trivial, ordinary and routine Students giving exams are required to memorize many answers from their textbooks. In such situations, the best method is the Link Method  repetition is undoubtedly a fool-proof technique. It works because every time you recite or revise something, you are creating a pathway in your mind. The more you revise, the deeper the track becomes, giving you more time before you start forgetting again. A prolonged time gap between two consecutive revisions is a sure-shot recipe for forgetting Zeller's Rule => Calculate calendar of any year. F = k + [(13 x m-1)/5] + D + [D/4] + [C/4] - 2 x C, k: date m: month number D: Last two digits of t...

Moonwalking with Einstein by Joshua Foer

 The smartest man is hard to find Junk food in: junk brain. Healthy food in: healthy brain Because normal is not necessarily natural By spending an hour day, six days a week on memory you can be world champion. The nonlinear associative nature of our brains makes it impossible for us to consciously search our memories in an orderly way. A memory only pops directly into consciousness if it is cued by some other thought or perception - some other node in the nearly limitless interconnected web. The man who remembered too much It is forgetting, not remembering, that is the essence of what makes us human. To make sense of the world, we must filter it. "To think is to forget."  Bill Clinton is supposed to never forget a name and, well, look where that got him. It is always to associate the sound of a person's name with something you can clearly imagine. It's all about creating a vivid image in your mind that anchors your visual memory connected to the person's name. Th...

Limitless by Jim Kwik

 Quotes If an egg is broken by an outside force, life ends. If broken by an inside force, life begins. Great things always begin from the inside - Jim Kwik We don't need magic to transform our world. We carry all of the power we need inside ourselves already - J K Rowling. We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn - Peter Drucker. The only way to win is to learn faster than anyone else - Eric Ries.  I not only use all the brains that I have, but all that I can borrow - Woodrow Wilson. Everybody is a genius. But if you judge a fish by it's ability to climb a tree, it will live it's whole life believing that it is stupid - Albert Einstein. It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so. - Mark Twain. LIfe has no limitations, except the ones you make - Les brown. Reasons reap results - Jim Kwik We fir...

Eric Thomas : the secret to Success

  Principle 1 : Don't make a habit out of choosing what feels good over what's actually good for you. Higher the level of emotion, the lower the level of reasoning. Principle 2: Avoid being your own enemy. Principle 3 : You can change environments, but until you change yourself nothing else will ever change.  Principle 4: Learn to be curious. Principle 5: Don't be afraid to explore your curiosity. Everything you need, to get everywhere you need to be, is already inside you. Principle 6: You have to saddle your dreams before you can ride them. A year from now you may wish you had started today- Karen Lamb. Desire and imagination could be classified as potential energy. What distinguishes potential energy to kinetic energy is 8 letters : M.O.V.E.M.E.N.T. Principle 7: Choosing friends is a matter of life and death. Lesson 1: Look for people who believe in something and are passionate about their beliefs. Lesson 2: be a giver, not a taker. Lesson 3: Always remain loyal.  Less...

Wings of Fire by Dr. A P J Abdul Kalam

  Preface Real joy of living can be found in only one way - In one's communication with an eternal source of hidden knowledge within oneself- which each individual is bidden to seek and find for himself. Historically, people have always fought among themselves on one issue or another. Prehistorically, battles were fought over food and shelter. With the passage of time, wars were waged over religious and ideological beliefs; and now the dominant struggle of sophisticated warfare is for economic and technological supremacy. Consequently, economic and technological supremacy is equated with political power and world control. We are all born with a divine fire in us. Our efforts should be to give wings to this fire and fill the world with the glow of its goodness. Chapter 1:  “When you pray,” he said, “you transcend your body and become a part of the cosmos, which knows no division of wealth, age, caste, or creed.”  “In his own time, in his own place, in what he real y is, an...