KI Book Club

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This book discusses the wisdom & lessons that a very successful man (>$750 million net worth) learned about growing wealth. He is also a poet, and has a beautiful artistic style of writing. He discusses how to harnesss the fear of failure for your own advantage, and how to deal with family and "friends" who subconsciously hold you back from making hundreds of millions of dollars due to their own cowardice.

"The whole process was pure misery. Looking back through the prismed eyes of a champagne flute, I suppose I could argue that perhaps it was my finest moment."

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This book statistically analyzed why some companies have consistently beat the market by over 3x over a several-decade period of time. It looks at what traits are common amongst such “great” companies (such as zooming into a single "hedgehog" concept they can perform exceptionally well) and their leaders (such as the degree of humbleness), as compared to merely “good” companies which never consistently beat the market.

“A vision for greatness refined with brutal facts of reality.”

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Josh Waitzin (on whom the movie Searching for Bobby Fischer is based) is one of the top chess and Thai Chi performers in the world. Here he teaches us his lessons from mastering two seemingly separate skills, and rising to world-elite status in both. For example, he discusses how to methodically train slightly outside your comfort zone, and provides instructions on specific visualization exercises he learned from Olympic coaches in order to reduce stress and increase focus.

"Step by step, more and more complicated maneuvers can be absorbed, while she maintains the sense of ease that was initially experienced within the simplest skill set."

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This book contains several unique ideas in order to boost your productivity. The author suggests you start with just one of these ideas and implement it fully in your life before moving on to the next one. For example, it discusses the difference between urgent and important tasks. It also teaches how to break up your day into several-minute-intervals in order to maximize your productivity, a technique top executives have overwhelmingly embraced.

“Evaluation is the genesis of improvement.”