The Millionaire Next Door

Learned Helplessness - Martin Seligman A Random Walk Down Wall Street - Malkiel The Millionaire Next Door - Stanley Atlas Shrugged - Ayn Rand Second the Incerto series by Nassim Taleb

Steer clear of Rich Dad, Poor Dad. It is a fun read, and it does contain some good advice. But the author lies about his past, and the origin and quantity of his wealth, and the book also contains dangerous and illegal advice. I suggest The Millionaire Next Door as a better book. A good takedown of Rich Dad from John T Reed: https://johntreed.com/blogs/john-t-reed-s-real-estate-invest... (https://johntreed.com/blogs/john-t-reed-s-real-estate-investment-blog/61651011-john-t-reeds-analysis-of-robert-t-kiyosakis-book-rich-dad-poor-dad-part-1)

> The Millionaire Next Door was a game changer for how I though about wealth accumulation. It's the findings of a statistical analysis of the life and habits of millionaires. So, it's been a while since I dipped into this book, but my recollection was that I read the summary and intro and thought "this sounds like an analysis which suffers significantly from survivorship bias." Did you find with a close read that was/wasn't a problem with the picture it presented? (Not that I think that the advice I skimmed over was bad, certainly, I don't like to buy depreciating assets like cars on credit, and more people could likely benefit from budgeting investing conscientiously.)

The Millionaire Next Door is advertised as a personal finance book, but I found it useful for many other areas of life. The central point of the book is that most millionaires live ordinary middle class lifestyles. They saved a ton of money because they don't buy expensive things. That taught me a few things. First, you have no idea what anyone else's situation is, financial or otherwise. Just because someone has a big house doesn't mean they're rich. They might be or they might not be. They might have a large income to buy that house, or they may have taken out huge amounts of debt to finance it. You just don't know. The book also has great tips for careers, family, and marriage. I think it's well worth a read.

The first is the Millionaire Next Door. Gave me a better idea of how to manage my finances and what kind of spending habits to look for in a partner. If you are a tightwad then don't marry a spendthrift. Vice versa. [http://amzn.to/2vAmbW8] The second is On Writing Well. This book changed my view regarding how to write and how important it is to write well. As an engineer I regret how much I avoided writing in school. Now I play catchup after realizing lawyers and others with client facing jobs write much better emails. [http://amzn.to/2vTXu27] And here are three other books that would be recommended by few on HN. The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing. I used to hate going home until I realized the clutter of stuff made me miserable. [http://amzn.to/2wwvS5h] Why Men Love Bitches. 100% serious. This book is over the top but I stopped being a doormat in relationships and looked for partners with more self confidence. [http://amzn.to/2wwcYeZ]…

==For electronics: The Art of Electronics 3rd Edition (interview with the one of the authors, if you're unconvinced: https://www.youtube.com/watch?v=iCI3B5eT9NA ) ==For finances: The Millionaire Next Door (filled with a lot of interesting facts and habits from extensive research) ==For food/cooking: Alton Brown's Gear for Your Kitchen BakeWise: The Hows and Whys of Successful Baking

Agree with The Richest Man in Babylon and Think and Grow Rich. I recommend: 4 Hour Work Week, Mommy Millionaire, and The Millionaire Next Door, Gorilla Marketing, and Execution. LOL, if I had to choose two, they would be Think and Grow Rich and 4 Hour Work Week.