Much longer than it needed to be. Rezension aus dem Vereinigten Königreich vom 15. What should you buy or sell? Spitznagel is a brilliant investor, but no writer. Spitznagel, The Dao of Capital, 2013, Buch, 978-1-118-34703-4. This was a tough book to hack through, and I don't say that very often. An interesting book. The Dao Of Capital written by Mark Spitznagel and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-16 with Business & Economics categories. This is the first book about markets and investing, that left me feeling empowered to actually do so. He is no Taleb. Talia Hibbert is a bestselling romance author and certified book nerd. Indeed, capital is a process, or a method or path—what the ancient Chinese called the Dao. 14 Personen fanden diese Informationen hilfreich, Rezension aus dem Vereinigten Königreich vom 24. Succinctness is not a quality of this book. Diesen Roman kann man nicht aus der Hand legen…, Against the Gods: The Remarkable Story of Risk, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, Skin in the Game: Hidden Asymmetries in Daily Life, The Bed of Procrustes: Philosophical and Practical Aphorisms, What I Learned Losing a Million Dollars (Columbia Business School Publishing), "Spitznagel has written an essential new book. Nachdem Sie Produktseiten oder Suchergebnisse angesehen haben, finden Sie hier eine einfache Möglichkeit, diese Seiten wiederzufinden. Her hobbies include reading about baking, reading about chess, reading... To see what your friends thought of this book, The DAO of Capital: Austrian Investing in a Distorted World. Expect around one hundred pages about different analogies and allegories that tries to prove the benefits of delayed gratification and strategic positioning. This is Austrian Investing, an archetypal, counterintuitive, and proven approach, gleaned from the 150-year-old Austrian School of Economics, that is both timeless and exceedingly timely. The Dao of Capital: Austrian Investing in a Distorted World, (Englisch) Gebundene Ausgabe – Illustriert, 11. Spitznagel often goes on long routes using various metaphors, from history to evolutionary biology, to explain his roundabout approach to investing. But ok, maybe that's too generous. Juni 2020. Spitznagel often goes on long routes using various metaphors, from history to evolutionary biology, to explain his roundabout. Traces history of Austrian Economics and the "roundabout" umweg via China, Vienna, Conifers and the trading pits. Finden Sie alle Bücher, Informationen zum Autor. As today's preeminent doomsday investor Mark Spitznagel describes his Daoist and roundabout investment approach, "one gains by losing and loses by gaining." It was, at times, quite repetitive; a. Spitznagel has a very rational perspective on the economy and businesses, well-informed by a set of thinkers who prioritize clarity of argument to some of the more empirical/"data-driven" approaches that are perhaps more popular now. Taleb who is a friend and former colleague to the author is one of those endorsing the book – as is amongst others Paul Tu. Sprache: Englisch. Most of this book is about warfare, philosophy, botany, and Austrian economics history, but it teaches lessons throughout. In a way I guess the book mirrors the roundabout. As today's preeminent doomsday investor Mark Spitznagel describes his Daoist and roundabout investment approach, "one gains by losing and loses by gaining." THE DAO OF CAPITAL AUSTRIAN INVESTING IN A DISTORTED WORLD MARK SPITZNAGEL WILEY . In all honesty, “The Dao of Capital” is best-equipped for students, economists, and experts in the world of investments. The book's premise is summarized as: "Rather than pursue the direct route of immediate gain, we will seek the difficult and roundabout route of immediate loss, an intermediate step which begets an advantage for greater potential gain". In a roundabout way this book can help you think about these questions. Very solid exploration of the early Austrian School of Economics from the point of view of the investor. Errant Nonsense. Taleb says somewhere that people who feel successful at economics spend their time talking about literature, art, politics, science, while those who feel unsuccessful at economics spend their time talking about money and finance. We’d love your help. If someone ran a smart compression algorithm on this book, the output would be a book with about 150 pages. He's also gone to nature, history, and art to find other clear articulations of his world-view. The author proceeds to bring in Eastern philosophy, the growth patterns of boreal forests, the military strategies of Clausewitz, Henry Ford, fire suppressio. Nonetheless, learning about immediacy, how people crave it and what that makes them do, made this book worthwhile. He seems. Abhängig von der Lieferadresse kann die USt. If the book was half its length, the message delivery would be twice as powerful. Mark Spitznagel builds a mosaic of philosophy, history, economics, military strategy, psychology and more to end up with a loose framework for equity investing that could serve as a practical sequel to Nassim N. Taleb’s Antifragile. Though it may seem long-winded, as is intended in order to fully setup the reader to understand the author's investment approach, if you have an open mind there is a lot to enjoy in his various lessons. Indeed, might be one of the most important books of the year, or any year for that matter." As today's preeminent doomsday investor Mark Spitznagel describes his Daoist and roundabout investment approach, “one gains by losing and loses by gaining.” This is Austrian Investing, an archetypal, counterintuitive, and proven approach, gleaned from the 150-year-old Austrian School of economics, that is both timeless and exceedingly timely.. During hearing this book I felt that the author is an intellectual "wanna be" (unfortunately). --The New York Times, "A fascinating and radical break from the investment dogma of the past several decades"--Fortune, "While The Dao of Capital makes for demanding reading, it repays the effort as a heady historical and intellectual feast." Far too heavy usage of parantheses to remind you of the analogies used on every page just in case you forgot. An entertaining read, highlighting the insights Austrian Economics has to offer for the interpretation of market regimes, expanding into the author's practice of what he calls Austrian Investing. During hearing this book I felt that the author is an intellectual "wanna be" (unfortunately). Wählen Sie die Kategorie aus, in der Sie suchen möchten. He spends a great of every clarifying Böhm-Bawerk's "round-about" theory of capital formation and value-adding, and as such is one of the easiest points of entrance to the thinking of that now largely neglected thinker. Indeed, might be one of the most important books of the year, or any year for that matter." The author sadly is a poor knock off version of his mate Taleb who at least makes a good fist of being a half baked intellectual.