Tag Archives: key points

Book Key Points: Capitalism, Socialism, and Democracy

The purpose of the compilation of quotes below is not for readers to skip reading the book, but rather to remind readers of the key points outlined in the classic text by Joseph Schumpeter. The book highlights reasoning behind the … Continue reading

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Key Points from Think Twice by Michael Mauboussin

According to research by Stanovich and others, if you explain to intelligent people how they might go wrong with a problem before they decide, they do much better than if they solve the problem with no guidance. The second experiment … Continue reading

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Overdiagnosis of Cancer in Our Medical System

Last week I read a book given by my lecturer in medschool, she lend me this book because she knew I would enjoy this book. And I did! She said at first she hesitated to tell me about this book … Continue reading

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Key Points from Book: The Essays of Warren Buffett

Short term results matter, of course, but the Berkshire approach avoids any pressure to achieve them at the expense of strengthening long term competitive advantages Simply by retaining and reinvesting earnings, managers can report annual earnings increases without so much … Continue reading

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Key Points from Book: The One Minute Millionaire

When you focus on the first 15% of a process and get it correct, you ensure at least 85% of your desired outcome The journey to financial freedom starts the minute you decide that you were destined for prosperity Life … Continue reading

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