PDF Ebook , by Allison Schrager

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, by Allison Schrager

, by Allison Schrager


, by Allison Schrager


PDF Ebook , by Allison Schrager

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, by Allison Schrager

Product details

File Size: 1945 KB

Print Length: 236 pages

Publisher: Portfolio (April 2, 2019)

Publication Date: April 2, 2019

Sold by: Amazon Digital Services LLC

Language: English

ASIN: B07FLK37HC

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Amazon Best Sellers Rank:

#1,566 Paid in Kindle Store (See Top 100 Paid in Kindle Store)

If you haven't given much thought to risk or read any of the pertinent literature or studies, then perhaps this book will help focus you and provide some new insights into human decision making that had been hidden. But I struggled to find anything new here. Moreover, the deference to finance seems misplaced. "Financial economics is the science of risk," writes Schrager. A science? What about the last financial crisis? And the 2000 stock market bubble? And the numerous hedge funds that have closed shop in the past 10 years? And the persistent underperformance of most fund managers? Obviously, other forces are at work here, which makes the study of risk complex and nuanced.That said, risk management is a subject that deserves everyone's attention, to be sure. I suspect most of us aren't great at spotting, weighing and managing opportunities and risks, and perhaps this book will help -- so long as you haven't already delved deeply into the subject. If you're just starting out or early in your thought process, this book isn't a bad place to start.

If the title doesn't induce you to buy this book, then the first few pages will do it. Alison Schrager has done a masterful job explaining in plain English -- using rather (ahem) unconventional examples and illustrations -- of how to take account of and manage risk in your life, drawing on fundamental lessons of finance and economics. I predict this book will be huge best seller, and help make believers out of some doubters about the usefulness of economic reasoning. An economics and a best seller? -- no not a contradiction in terms. This book demonstrates that, get it, read it and you'll see what I mean

For anyone who loves to learn about how to make better decisions in your life and wants a smart, fun read, this is your book. Schrager, an economist who you may have heard on NPR or a favorite podcast, is really good at using stories from far-flung worlds (paparazzi, thoroughbred horse breeding, the battle field, big wave surfing and, yes, a legal brothel). I would recommend this book to anyone thinking about changing jobs or fields, looking for love (or leaving a relationship), or facing any big decision that is keeping you up at night or from getting what you really want out of life. I've read a lot of books like this, but Schrager's ideas and rules felt new, and more importantly, applicable to one's own life.

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