7 comments

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  Jeremy Palmer

  2 years ago

  I couldn't agree more. Reminds me of the BusinessWeek valuation of Digg:
  
  

  People in the know say Digg is easily worth $200 million.

  
  
  I find that interesting, considering that in the same article they mentioned they are only making 3 million a year in revenue?
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• 

  Rhianna

  2 years ago

  Thanks for the links.
  
  As with any bubbles luck plays a part with entry but sagacity determines how much $$$ the investor takes at the exit ;-)
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• 

  Vinny Lingham

  2 years ago

  I just read Rich Dad's Prophecy - scary book, but basically says we're going to have another (or rather, the biggest) bubble, before it all really goes pop!
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• 

  Rhianna

  2 years ago

  Vinny,
  
  Do you really think that Rich Dad's Prophecy is worth buying?
  
  I jotted down the title & info thinking perhaps I'd search for the book at the Library but after a glimpse of a couple of pages available through Amazon (thanks for the link), the book looks like a "New Age style economics book with a lot of fluffy filler" IMHO. There might be a few tips in the book that are worthwhile and I might still track it down at the library.
  
  I got a kick out of some of the Amazon reviews (these can be read if one follows your given link).
  H. Buning "harmgb2" (Texas) said s/he would rather read Suze Orman :D
  There were some other entertaining reviews as well.
  
  Library Journal refers to Kiyosaki as a "superhot financial writer" without going into much detail as to why Kiyosaki's book on this topic is so great.
  
  Read: THE MISSISSIPPI SCHEME
  THE SOUTH SEA BUBBLE
  THE TULIPOMANIA
  
  from MEMOIRS OF EXTRAORDINARY POPULAR DELUSIONS
  BY CHARLES MACKAY
  
  ftp://ibiblio.org/pub/docs/books/gutenberg/etext96/ppdel10.txt
  
  Those memoirs have educational value that rings true to the present day.
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• 

  Vinny Lingham

  2 years ago

  His books are definitely geared at the more financially illiterate, but some of the arguments and conclusions that he presents are very interesting. Overall, there's probably a few chapters worth reading, and some become really repetitive - but I would definitely say that I would have rather read what he, than to have not.
  
  He does do a lot of shameless self plugs to his other books and materials - and in terms of investing, he is very conservative - overall though, it's a nice primer and an easy read for people looking to understand financial economics (sic).
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• 

  Rhianna

  2 years ago

  "...some of the arguments and conclusions that he presents are very interesting. Overall, there’s probably a few chapters worth reading ..."
  
  I'll put that on my list to check out some day ...
  
  Are there any other economic related books you find interesting?
  I studied macro- and micro- back in college.
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• 

  Rhianna

  2 years ago

  Here's a really good link with a "clickable" Table of Contents to
  MEMOIRS OF EXTRAORDINARY POPULAR DELUSIONS
  BY CHARLES MACKAY:
  
  http://www.econlib.org/library/mackay/macExCont...
  
  It's an enjoyable read (I own the book).
  reply