The Algebra of Wealth: A Simple Formula for Financial Security

by Scott Galloway

AN INSTANT #1 NEW YORK TIMES BESTSELLER

A must-have guide to optimizing your life for wealth and success, from bestselling author, NYU professor, and co-host of the Pivot podcast Scott Galloway.

Today's workers have more opportunities and mobility than any generation before. They also face unprecedented challenges, including inflation, labor and housing shortages, and climate volatility. Even the notion of retirement is undergoing a profound rethink, as our life spans extend and our relationship with work evolves. In this environment, the tried-and-true financial advice our parents followed is no longer enough. It's time for a new playbook.

In The Algebra of Wealth, Galloway lays bare the rules of financial success in today's economy. In his characteristic unvarnished, no-BS style, he explains what you need to know in order to better your chances for economic security no matter what. You’ll

How to find and follow your talent, not your passion, when making career decisionsHow to ride and optimize big economic waves (hard market dynamics always trump individual achievement)What small steps you can take that pay big returns later, including diversification and tax planningHow stoicism can help you minimize spending and develop better financial habits
Bursting with practical, game-changing advice from one of the world’s most popular business school professors, The Algebra of Wealth is the practical guidebook you need to win today’s wealth game.
, Brimming with wise, game-changing advice from one of the world’s most popular business school professors, The Algebra of Wealth offers a powerful framework for making the most of what opportunities come your way.

Genres: Finance, Nonfiction, Business, Money, Personal Finance, Self Help, Economics

304 pages, Hardcover

First published January 1, 2024

About the author

Scott Galloway is a clinical professor of marketing at the New York University Stern School of Business, and a public speaker, author, and entrepreneur. He was named one of the world's 50 best business school professors by Poets and Quants.

Reviews

[Jason Braatz · Rating 2 out of 5]

Want either "Algebra" or "Wealth"? - well, you'll miss both of those topics in the 5 hours of your life spent reading this book.

The book that promises to revolutionize your financial life. But wait, who exactly is this book for? Is it for the wide-eyed 20-year-old just starting out, the mid-career 35-year-old in search of a financial epiphany, or the 50-year-old like me, who has "been there, done that" but still read everything about finance because there's always more to learn? Your guess is as good as mine.

A+ for style & readability: the author's writing style is a breath of fresh air. It's clear, concise, and downright hilarious at times. I found myself chuckling through the pages, appreciating the author's self-deprecating humor and relatable anecdotes.

F for Content: Sadly, the content itself left me feeling like I'd just bought a candy bar to find out it was 90% wrapper. (10% is in one chapter which does share an abbreviated version of how capital works and why it's important to investing from the author's perspective, but it's too literal and it doesn't take into account newer pathways to wealth).

First off, let's address my biggest gripe: the title. "The Algebra of Wealth"? More like "The Absence of Algebra." Math nerds, prepare to be sorely disappointed. I get it; his other books had the word Algebra in their titles.. but it's quite gimmicky. You won't find any mind-bending equations or complex formulas here. Instead, you'll be treated to a few basic multiplication problems and a few 2D graphs. Or, maybe "Algebra" is just a fancy marketing term that I'm not privy to, being a mere mortal in the world of finance.

[OK fine, you say! Not everyone likes algebra..]

So what about the "Wealth" aspect? Surely, there must be some groundbreaking insights hidden within these pages? Well, brace yourself for a revelation that dates back to the Ptolemaic era: compound interest is your friend! Yes, the author preaches the age-old wisdom that compounding interest can lead to wealth, but let's be real – this isn't exactly a mind-blowing concept.

The author's personal wealth, however, came from a different avenue altogether: Business sales and book royalties. While the author cautions against the gut-wrenching experience of climbing the wealth ladder through selling a company, going public or merging with a larger entity, it's a bit ironic that this is how he struck gold. Perhaps a more in-depth discussion on the strategies behind successful exits [like his L2 sale to Gartner] and how to court a publisher would have been more enlightening than the tiresome compound interest spiel. Since Rich Dad, Poor Dad was published, I think many of us have realized that compounding until you are Methuselah's age makes you asset-heavy at a time in your life when a new set of old-person-diapers is all that you'll want to make you happy. No thanks.

Now, let's talk about the author's obsession with Stoicism. Don't get me wrong, I'm all for having a solid ethical framework, but the book's fixation on this ancient philosophy feels a bit like a Ryan Holiday infomercial. Since Tim Ferriss introduced Seneca's letters in Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers, it feels like Stoicism is now the low-hanging fruit in publishing. There's been an odd reluctance to write about the cornucopia of other great philosophies which also have the theme of "develop your character." To my knowledge, nobody robbed a liquor store who ascribes themselves to the philosophies of Spinoza Baruch or Immanuel Kant.

As an odd turn, he remarks that he's an atheist~stoic. Hmm. It's not addressed (perhaps purposefully) that Christianity is philosophically parallel to Stoicism. The reason for this is historic: the early Christian theologians around 300 AD, like the philosopher Paul, were writing the New Testament during a time when Stoicism was the main, underlying philosophy of the Roman Republic.

The next time you are in the McPhilosophy drive-thru notice that there's two varieties of the same product "with Jesus and without," and they are the same price at the second window. Read Will Durant or one of the many others who catalog this factoid. Tl;dr:life is simply "easier" when you have a moral compass, but it doesn't have to be Stocisim.

The book, written in 2023, fails to mention some of the most significant financial trends of our time. What about intellectual property (inventions)? No coverage of farmland optioning (of which Bill Gates now has 18% of his net worth in)? No exhaustive discussion of blockchain currency staking? No coverage of leveraged ETFs and how to resolve risk while still harnessing the power of margin trading? The book is also simply incomplete without a discussion of the sheer number of non-commoditized investments such as memorabilia to art? I guess that Andy Warhol in your closet means nothing. These are glaring omissions from a book about "wealth." My own wealth has been generated by simply being observant to the latest opportunities, whereas the knowledge imparted in this book reads to be a college freshman textbook in finance circa 1961.

The author's take on careers and entrepreneurship also left me scratching my head. Apparently, entrepreneurship is too hard, but owning a small business on "Main Street" is a separate field altogether. Last time I checked, starting and growing a business, whether it's a tech startup or a plumbing company, falls under the umbrella of entrepreneurship.

And don't even get me started on the claim that nobody has been able to consistently beat the S&P 500 or "the market" in the long term. He references the famous $1m Buffett bet to beat the S&P (spoiler: they lost to Buffett). He simplifies Berkshire Hathaway to be simply a 'profitable insurance business' and not sharing that the returns on market instruments of Berkshire have beaten the index 91% of the time.

While it's not necessarily a cakewalk, it's not impossible after all. It's certainly not a random walk; academia be damned for promoting this idea despite countless ways we prove otherwise; from Advanced Elliott Wave Analysis: Complex Patterns, Intermarket Relationships, and Global Cash Flow Analysis to understanding Thorp (A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market).

The difficulty is removing the human interference out of the equation; most of the time, those who steadily beat it (including Ray Dalio) use multiple strategies but are all based upon checklists and programmed triggers. But that doesn't equivocate it to a complex problem: understanding Kelly numbers or frequent use of Bolinger Bands was never in the wheelhouse for Peter Lynch, but he beat the index 87% of the time for Vanguard. He claimed (like Charles Munger) that it was just good ol' fashioned common sense. Underneath it all, they all just simply did a LOT of homework before investing and had checklists galore to reduce human fallibility. In fact, certain quant approaches like as described in Pairs Trading: Quantitative Methods and Analysis will repeatedly beat the market. While these strategies were only possible with computers over the last 25 years or shorter, it reliably beats the S&P 500 over a 5-year cycle. It's an exhausting and capital-intensive strategy to setup, but it's like anything: those who deviate from the practice of exhaustive work have a higher chance of underperformance. The geometric mean between underperformance and those who outperform = "the market." Tl;dr in a Goodreads review this maybe a digression; but for a book called "The Algebra of Money," this should all be covered.

If you decide read this book and already have even a basic grasp of the concepts beforehand, you'll likely feel like you have spent money on a gourmet meal but served a bland bowl of oatmeal instead. Sure, the writing was entertaining, but the content failed to deliver any groundbreaking insights or practical strategies for building wealth in today's complex financial landscape. Perhaps it's value is truly towards a 19 year old - yet, as someone who has a significant asset base myself, likely larger than the author's, I wouldn't recommend it as a financial primer to anyone. There's one chapter which blurts out a small freshman course on capital in the markets, but it's not useful to wealth creation in 95% of all circumstances.

A study in 2008 shared that many self-made millionaires admit that, while they may be diversified in real estate, stock, loans, etc - they didn't specifically have any financial or market education until they had a net worth well over $10 million. Despite what the author states as a requirement for wealth, not a single one in this group had used a CFP, fiduciary or similar professional. In fact, travel back 50-100 years during the rise of magnates like Henry Ford, Andrew Carnegie and others, it wasn't even possible to obtain this information. Tl;dr again: just because the information is out there, doesn't mean it's necessary for you to know it (e.g. it's just noise).

As the author's own journey (and my own) demonstrates, the path to wealth is focus, hard work, risk-taking, making small bets (a primer is Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts) and executing on well-timed exit strategies. It's not just compound interest and ancient philosophy.

Final tl;dr - I don't recommend this book if you are looking to acquire wealth and need a place to start. There are much better books on financial success which are closer to reality. The best ones are by the late Felix Dennis and Robert Kiyosaki. The systems How To Get Rich and Rich Dad, Poor Dad have both served me extremely well. Additionally, a good background in making money with intellectual property or online assets (which is a newer way about it) is MJ DeMarco's The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime!.

[Chris Boutté · Rating 5 out of 5]

Unsurprisingly, Scott Galloway wrote another awesome book. I binged this book in a day. In my humble opinion, this book is a must-read for everyone in their 20s or 30s, but it’s extremely beneficial for people of all ages. Unlike many other personal finance books, this book has a lot of great life advice as well. Scott is filled with wisdom and experience, and this book teaches you about being smart with your money, saving, and investing. It also manages to explain some complex finance topics in an easy-to-understand way.

The only thing that threw me off is a recent interview clip with Scott' that went viral while promoting this book. In it, he discusses how younger generations have been screwed financially. There’s not really much about that in this book, which is fine. But also, I think it’s important for young people to understand we got the short end of the stick, but that doesn’t mean we get to make poor financial decisions. As Scott says multiple times in this book, there’s the world we wish we lived in and the world we actually live in.

This is a fantastic book, and it’s one I’m adding to my list of books to read with my son. Definitely check this one out if you want to learn about creating a life that has financial security.

[E.R. Burgess · Rating 5 out of 5]

As usual, the new Algebra book from Professor Galloway is a compelling read full of his signature wit and wisdom. The book is presented in the style of a teacher who has learned that on order to get through to people in the modern day, you need to be entertaining and prove that what you're telling them has real relevance to their lives. Galloway is able to do this with unusual aplomb due to his willingness to challenge us a bit, speak authentically, and use his self-deprecating humor in a way that is meaningful.
If you're a big fan of his work and listen to his podcasts, a lot of these stories and observations will seem familiar. Yet, I appreciate them being catalogued beautifully in this book with chapter recaps that help the reader retain the key points. My only qualm: Come on, Scott - Don't reference the debunked Myers-Briggs personality test as useful. It's a pigeonholing tool that has no scientific heft behind it. HEXACO is the model psychologists use and I'd encourage looking into it when recommending personality tests. Full disclosure: I build products using HEXACO.

Still, an easy five star review for value, readability, and the fact that it's an ideal gift for everyone under 40 that wants to achieve freedom through wealth.

[Tara · Rating 2 out of 5]

I wanted to love this, but even despite him talking about character, it still came across as shallow. I felt like it ignored systemic racism and other similar issues that could impact success, replacing that with the word “luck.” I also felt like the suggestions were unrealistic and unsustainable. Every time I read a finance book, I feel more strongly that “How to Get Rich” is the only finance book a person needs.

[Lisa · Rating 4 out of 5]

This is a simple straightforward 101 overview of markets, market instruments and the players.

Galloway shares the story of a kindly financial planner in his childhood, who explained to him the ins and outs of money and investing. Galloway has done the same here, for a similar audience (and from an American perspective).

The right audience is likely people in their 20’s embarking on a career, people who are just getting started investing, and anyone who needs a refresher that EBIDTA is a measure of operating profit. It’s approachable, clear, and touches on all the right basics.

If you are an Accredited or Professional Investor, or someone who is already investing or who feels comfortable with the basics already, this ain’t for you.

[Connie · Rating 2 out of 5]

In the first few chapters, there’s a mixture of SOME generally good advice that if you’re not entirely new to finance, you’ve likely already heard. Then there’s just some bad advice I don’t agree with.

Then there’s the stuff that really pissed me off, like a willful blindness to nuance in people’s experiences impacted by their gender, race, culture, and socioeconomic background.

For example, one of his main pieces of advice is when you’re in your 20s and 30s, work as much as you possibly can. He gave the example of when he was a father, working and getting home to help with bath time, then going back to work, and how accessible and doable that is for everyone. What he’s completely ignoring? Who is caring for kids after school, cleaning the house, doing dinner prep and clean up, etc etc etc. he is only able to do that to get ahead in HIS career because obviously his wife is NOT doing that for HER career. And zero acknowledgment of that pissed me off.

He also talks about how married people live longer and are happier while ignoring the fact that that’s only true for men, and single women live longer and are happier than married women as a whole. He talks about how getting married and starting a family can be a great boost to your career with no mention of the opposite effect being shown time and again for women.

These are just a few examples.

There’s little room for discussion of people who aren’t in their early 20s, or who have complicated backgrounds that impact their ability to implement his very narrow wealth building strategy.

Most of this book is basically a white bro’s guide to finance for other white bros who are in their early 20s.

The final section of the book does have some solid information on investment options, markets, and the economy.

But I still wouldn’t recommend this book.

[Charlie Burdett · Rating 4 out of 5]

With all of the personal finance influencers and crypto freaks that poison my Instagram feed every day, I didn’t want to like a book by a guy in his mid 40’s that calls himself “Prof G”. But, my mommy said I should read it, and it actually taught me a lot.

Catch me on here in three weeks telling everyone to “make your money work for you”, as I lose all my money on something called Family Guy coin.

[Craig Adams · Rating 5 out of 5]

Required Financial Literacy Reading

This book is a masterclass on financial literacy and includes valuable and practical investment advice. As I read this book, I made a list of every college-aged person I know to whom I will recommend this book. Read this book and get your financial life on track for lifelong value creation.

[Hannah Schumacher · Rating 5 out of 5]

He’s a college professor so he gears the advice more towards 20-30 year olds, and he tried to not sound stuffy and boring lol. I got to think about a few things in a new perspective and feel pumped to keep better track of my finances without feeling too much doom and gloom about the future.

[Jill · Rating 5 out of 5]

Very strong. I would give this as well as Galloway’s Algebra of Happiness to every college graduate.
While I did not necessarily learn anything “new,” I’d say this is a must read for 18-28 year olds / people interested in working in finance but more importantly people interested in taking a more active role in their personal finances and strategizing for the long term.
(Note: I listened on audible and found it very easy to read and digest)

[StephanieD · Rating 4 out of 5]

“Normalize talking about money so you can get better at money.”

3.75 ⭐️

The book is split into four large chapters (plus an intro and epilogue) for each of the main themes: Stoicism, Focus, Time, and Diversification. I did not think the book was very cohesive; there is a major tone shift between chapters 1-2 and chapters 3-4. The first part feels more opinion-based and full of general advice (some that I agreed with and some that I did not). The second part is more textbook formatted, feeling like a class lecture. Personally, I found the second part to be more interesting and valuable, though I imagine some may feel oppositely.

Overall, this book has solid advice that covers a large scope of ideas and also mentions advice from others. It’s not the most exciting information, but there are good overviews and explanations.

[Elina Dlohi · Rating 5 out of 5]

Grāmatas nosaukums var maldināt, jo var radīt iespaidu, ka tūlīt nāksies risināt vienādojumus un atcerēties matemātiku. Lai gan man skolā matemātika un algebra ļoti patika, grāmata ar šādu nosaukumu sākotnēji mazliet mulsija.

Bet šī grāmata ir fantastiska!!! Tik daudz pierakstījusi un fotogrāfējusi es nebiju tik tiešām ilgi. Un es to iesaku izlasīt ikvienam. Ne tikai tiem, kam vajadzētu uzlabot finanšu pratību. Tā ir net tikai par finansēm, bet par dzīvi!

Autors uzlūko bagātību kā vienkāršu sistēmu, kurā galveno lomu spēlē nevis cipari, bet mūsu pieņemtie lēmumi Bagātību var sasniegt ar investēšanu, nevis tikai ar ienākumiem.

Grāmata piedāvā formulu - apzināti vairot savu pašreizējo vērtību darba tirgū (svīsti) un vienlaikus pavairot savus pasīvos ienākumus. Viņš mudina ieguldīt prasmēs, kas palielina spēju pelnīt, bet tikpat svarīgi arī izveidot sistēmu, kur nauda strādā tad, kad tu pats atpūties.

Pirmajā grāmatas daļā ir vairāk autora dzīves stāsts un pieredze, savukārt otrajā finanšu termini, bet tik vieglā un labā valodā. Nebaidieties no tās!

“Bagātības algebra” ir lieliska izvēle ikvienam, kurš vēlas sakārtot savu dzīvi un finanšu pratību! Šī ir grāmata, kas iedrošina, iedvesmo un konkrēti parāda, ka bagātība ir vairāk nekā cipari kontā - tā ir spēja pieņemt gudrus lēmumus, veidot drošu nākotni un saprast savu patieso vērtību.

"Viss, kam šajā dzīvē ir patiesi nozīme, ir saistīts ar cilvēkiem. Ta ir tava spēja atbalstīt citus, mīlēt viņus un ļaut viņiem mīlēt tevi. Nekas, kas patiesi ir būtisks, nav sasniedzams vienatnē"

Paldies @sheowns_by_k kustībai, jo Karina Kulberga dara tieši to, ko arī autors iesaka -"Runā par naudu - patīk vai nē - nauda ir sabiedrības darbības mehānisms. Normalizē sarunas par naudu, jo tā ir pārāk svarīga, lai par to klusētu".



"Laiks ir lieta, ar kuru nevajadzētu šķiesties. Izšķērdējot naudu, tu vari to nopelnīt vietā. Izšķiežot laiku, tas ir zudis uz mūžiem."

"Investēt ir kā stādīt ozolus. Vislabākais laiks, kad sākt to darīt, bija pirms desmit gadiem. Otrs labākais laiks ir tieši šobrīd"

"Sporta treniņi ir laba analoģija finanšu pārvaldībai vēl kādā ziņā: svarīgs ir biežums. Reizi mēnesī apkopot tēriņus nav necik lietderīgāk kā reizi mēnesī apmeklēt sporta zāli. Ja trīs nedēļas neesi apkopojis kredītkartes izdevumus, tu neko neuzskaiti un neko nepārvaldi"

"Īsumā, manu panākumu noslēpums ir.....atraidījumi"

"Talants ir jebkas, kotu vari darīt, bet citi nevar vai nevēlas"

"Divdesmit gadu vecumā vajadzētu izmēģināt dažādus darbus, trīsdesmit gadu vecumā- izkopt prasmes izvēlētājā jomā un četrdesmit-piecdesmit gadu vecumā-novākt ražu".

"Svarīgāks par finanšu konsultantu tavai ekonomiskajai drošībai ir tavs dzīvesbiedrs. Neatkarīgi no tā, cik saderīgi un līdzīgi esat, attiecībā uz naudu jūs nebūsiet identiski"

[Dawson Helmbold · Rating 5 out of 5]

This is the best book on life management/time management/ financial management I have read, by far! Great advice on topics from lifestyle and focus, to things like capital markets and tax code. Even the stuff that seemed complex in the surface was written in a way that made it easy to digest and remember. I regret checking this out from the library, because I wish I had my own copy to reread and reference down the line. I’ll probably just buy one, it’ll be a good investment

[Herman Lund · Rating 5 out of 5]

Liker Scott, en perfekt demokrat i mine øyne. Dette er en ryddig innføring i de fleste aktiva aktuelle for mannen i gata og hvordan markedene henger sammen; perfekt for newbies til viderekommende.

[Tamar Gilad · Rating 3 out of 5]

I will preface by saying my dad *strongly* encouraged me to read this book. Upon reading the first half, I was highly convinced that this book was written by my dad and Professor G is his pseudo name. However, when Prof G mentioned growing up in England, this theory was debunked. i felt like the most important parts of the book-taxes/investing/savings/etc were all shoved in the second part of the book. my only econ clqss was also in high school and it was a joke so concepts were hard to follow for me and i am not sure i understood everything. tough read

[Larry · Rating 4 out of 5]

I love Scott Galloway but don’t always love his books. This is an exception. If you are under 25 you need to read this book right now! Get out a highlighter and/or jot down lots of notes. As someone closer to retirement than my early career, I wish this book had been around when I was starting out. Specifically, pay attention to the part about putting aside money from every paycheck starting from your first jobs. I did start saving and investing at a young age, and it has paid off, but if I’d had Scott in my life back then, I’d be even better off now.

There is a lot here. Some of which you’ll know or not be interested in. But the core investment strategies he lays out are incredibly detailed. He’s a professor who tells you exactly what to do and not just leave it up to you.

[Andrew Mason · Rating 1 out of 5]

This book is horrifically boring and goes on very unnecessary rants and continually mentions situations that aren't touted as really, but are most definitely made up. I did the audio version of this book and barely made it out alive, I'd certainly be dead if I read the print version. This book is so boring and covers topics that nobody really cares about. For the word "simple" being in the title, it is far from that. Hours I will never get back. Definitely don't recommend. The only thing I'll remember about this book is how absolutely boring it was

[Ed Seibert · Rating 1 out of 5]

258 pages of gobbledygook. I would like to say that after suffering through 258 pages of boredom, I learned something about "the algebra of wealth," but the title is a fraud purely designed to con us into buying this worthless book. There is no algebra and there are no new concepts presented as to achieving wealth. Just another blowhard pretending to being an author.

[Suria · Rating 3 out of 5]

Underwhelming book. Typical financial advice book — good for beginners but you won’t get anything novel out of it. Giving an additional star for his concise descriptions of different financial markets, instruments, etc.

[Jerry Smith · Rating 4 out of 5]

**Audiobook on Spotify, read by the author**

I wouldn't have read this if someone I respect hadn't recommended it.
I sort of like Prof G but he's a little bro-ish and clearly says provocative things to stay relevant and drive traffic to his endeavors. But he has a legit origin story and relentlessly praises him mom who worked hard to raise him. I can get down with that.
Anyway, this is a pretty solid read/listen as he breaks down the hurdles to wealth and how to overcome them. I don't necessarily agree with all of it, but I'm not wired to chase millions.
I say give it a listen on 1.3 audio book or skim through it and see for yourself.

[Mafalda Paiva · Rating 4 out of 5]

Nothing profound is achieved in isolation. I’m a fan of Scott Galloway, reading this book was like hearing him narrating it.
It guides you through career advice and then different approaches to investing, where diversification comes out as key. The overall goal? Let you achieve the security to buy you time. Time you can spend as you see fit, more often than not, with the people you love.
As Scott often puts it, life is so rich!

[Liv · Rating 4 out of 5]

I thought this was a good book. very informational & honest. I liked and appreciated the honesty and realness of this book.

if you’re looking for a book to help you understand why saving is good, why investing is good, why networking is good and so many other things that are important to know and understand why they are important, I very highly recommend.

[Ilma · Rating 4 out of 5]

I wish this book was around in my early 20s. Still, good practical recap on the components of wealth, importance of time and even some character building that is needed to get there. Needless to say, US-centric and assuming a good dose of privilege as foundation.

[Sammy]

I mean…it’s a finance book and I finished it.

[William Clemens]

Great book, emphasizes hard work early on in career, build connections with others, work in the office, work hard, excersize. All of this resonated with me. Also gave incredible advice on different investment methods/habits to instill in my young mind to set myself up for success down the road. Thanks Scott

[Forrest Wargo · Rating 4 out of 5]

Nice quick read with some very reasonable financial and life advice. I don’t think this is anything going breaking but it summarizes a lot of really important ideas and gives a very realistic and human approach to maximizing wealth generation with the goal of living a good life

[Jackson Peven · Rating 5 out of 5]

One of the better personal finance book I've read recently that digs into not only the "how to" but the "why to" and focusing on money not for moneys sake, but as a means to an end of supporting a happy fulfilling life spent with those around you.

[Kun Shao · Rating 5 out of 5]

Good first principles and basic knowledge of personal finance

[Geoff Thomas · Rating 4 out of 5]

Solid advice and explanations of how money works. Sound investing strategies.

The author is quite knowledgeable and approaches his topic in a very accessible way.

[Tyler · Rating 3 out of 5]

The Stoicism & Focus chapters make this worth reading but would recommend skipping Diversification unless you live in the US and like dry financial market lectures