Wednesday, February 10, 2021

Murdered Midas by Charlotte Gray

This book’s full title is Murdered Midas: A Millionaire, His Gold Mine, and a Strange Death on an Island Paradise. It is a Biography of Harry Oates. I do not often read biographies. I am not much interested in them. However, Charlotte Gray spoke at one of the Meet the Author breakfasts held by Ben McNally Book Shop at the King Eddie. Because of her talks I bought the book and found it quite fascinating.

This book is a great way to learn a bit about Canadian History. I read a lot of history, but little about Ontario, the province where I live. There has been little written about it as far as I can see, so I was quite interested in this, especially in the history of Kirkland Lake. My father’s family came from Switzerland in the 1880’s and settle into farm life just south of North Bay. Some of the family spread out farther north into Kirkland Lake, Long Lac and Thunder Bay. This book contains some history of Kirkland Lake, New Ontario, Niagara Falls and Bahamas.

I had never heard to Harry Oakes before I heard Charlotte Gray speak at the Ben McNally breakfast. I found her talk very interesting and that is why I bought the book. I also very much enjoyed the interview she had with Steven Paikin on The Agenda and there is a link to that below.

There is a review of this book by John Law on The Standard of St. Catherine. Another review is by Megan Moore Burns on Quill and Quire. Sharon Hanna on the Canadian History site compares this book to the Missing Millionaire by Katie Daubs. It is an interesting comparison.

There is a great interview by Steve Paikin on The Agenda of TVO. Charlotte Gray on her book "Murdered Midas talks on the St. Campus of U of T. Charlotte Gray reads from her book on YouTube. This is a short but interesting video. Charlotte Gray is interviewed in Niagara Falls.

An index of the books I have reviewed are on my website at Books. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Friday, January 15, 2021

The Money Plot by Frederick Kaufman

This book’s full title is The Money Plot: A History of Currency's Power to Enchant, Control, and Manipulate. A wild romp through mankind’s history with currency. It is how money is about storytelling. The book covers mostly a western story but it is enchanting.

It is fun to read for all the references and words I had to look up, like metonymy, catachresis and anagogical. It sort of comes down to money is what we say it is. And by the way, this is not an investment book. However, you might understand things like Bitcoin better. It is interesting that the reviews that are on the negative side all come from finance and views on the positive side do not. Just saying.

David E. Spiro does a great review of this book on New York Journal of Books. There is a good review also on Kirkus Reviews. Joel Schlesinger at Winnipeg Free Press does a great review. This is the best review as he seems to understand this book better than other reviewers.

A talk by Frederick Kaufman called The measure of all Things: Sustainability, is at Ted Talks. Nick Licata interviews Frederick Kaufman at Elliott Bay Book Company. The interview ends at around 35 minutes and then you start to get questions from the audience. It is worthwhile seeing this until the end although it is over an hour. Fred Kaufman is interviewed by Charlotte MacLeod on Investing New Network. This is a shorter (25 minutes) interesting interview and it is interesting as it is an investment approach rather than the approach on Elliot Bay Book Company which approaches the book from the English Literature angle.

Fred Kaufman does a presentation for Georgia Center for the Book. The presentation starts at 2:50 minutes and goes to 40 minutes. Then there are questions from the moderator, Joe Davich and questions sent in. This is a good video as Frederick Kaufman talks about the origins of money with illustrations from his computer.

An index of the books I have reviewed are on my website at Books. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Wednesday, December 23, 2020

The Wake by Linden MacIntyre

This book’s full title is The Wake: The deadly Legacy of a Newfoundland Tsunami. I have read a lot of history, but I must admit I have read little about Newfoundland. This book was an eye opener into some of the history of the Island. This is a vivid and heartbreaking story from this island. It was well written and interesting to read. Of course, like a lot of other people, I saw the play, Come from Away.

This book is about ghastly stores from Newfoundland of a tsunami, rescue at sea, and cancer from mining, with awful and uncaring government that was falling apart and an American false savior by the name of Walter Seibert. I had heard about the rescue at sea of American sailors in 1942. However, all the other stories were new to me.

There is a great review on Words Pages Books by the website’s owner Monika. There is a brief review on TLS by Nathan Greenfield. There is another review on The Girly Book Club by Michaela Keegan. There is a short written interview of Linden MacIntyre on Zoomer.

On Bookshelf there is a short interview with Linden MacIntyre about this book. There is also a short video about the 1929 Tsunami at Burin Peninsula. Linden MacIntyre gives a Key Note speech at St. Francis Xavier. Linden MacIntyre talks on Fifth Estate . Linden MacIntyre talks on CBC.

An index of the books I have reviewed are on my website at Books. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Monday, December 7, 2020

The Great Rupture by Viktor Shvets

This book’s full title is The Great Rupture: Three Empires, Four Turning Points, and the Future of Humanity. Do we need to be Free? He has a web site here that you can explore. You can explore the major themes of the book. If you find this interesting, you might want to get the book to read.

The site Book Authority list this book as one of the 16 Best New Economic Development Books To Read In 2021. The site The Capital Spectator features this book and other economic books.

This book is rather depressing in the end as he thinks that we do not need to be free. The West will end up like China. 1984 here we come. We here in Canada, the US and EU all seem to be going left and socialist. However, Margaret Thatcher was right. Socialism only last as long as there is other people’s money to spend. Politian’s are all talking about taxing the rich to pay for all our desires. This will end badly.

Only the Nordic counties have a form of socialism that works. But everyone pays a large part of their earnings. The Nordics are also quite capitalistic. They have little in the way of corruption. On the other hand, Canada, US, and EU are filled with extractive elites. We also have huge tech companies that are sucking every last bit of data they can from us to monetize.

He thinks that AI will make it possible to control markets better than a free market system or capitalism. I worked with computers my whole adult life and any AI so far is just algorithms. Any AI will take process to a logical conclusion. AI will never think that just because they can do something should they? AI with Algorithms will never question their answers as to whether they make any sense. They could come up with stupid answers and never know that. Stupid answers are something a human can easily recognize. At least we are good at that. However, under communism people would not dare say anything the party thought up was stupid, so we may have that problem with AI. Sounds like this is what is happening in China currently.

Of course, the future is going to be different than the past. It has always been that way. I understand where he is going because of the changes our current technology is making in our lives. However, he paints a very bleak picture of our future and I do not believe that. However, we should be thinking about the future and how we will handle and adapt to a future of technology that is coming. Trying to deny new technology has not worked in the past and will not work now.

He paints a good picture of the past history and how we ended up where we are. Why certain countries are ahead. This will give you a great economic view of why the west is currently ahead. This book is well worth reading for this coverage of the past. The future is harder to know. We are going ahead to a very different future. He wonders if non-western cultures are better suited to our coming future. It is an interesting question. Whatever happens, we are certainly in for turmoil and disruptions with the new technology coming in the future.

There is a good review of this book on African Eye Report. There is a post on this book by John Aidan Byrne on GRIPT. This includes a review of the book and a podcast interview with Viktor Shvets. Alan Kohler at Eureka Report interviews Viktor Shvets. This is a podcast, plus also they show the full podcast in print. On the John Tread Gold website there is an review of this book and a interview podcast with Viktor Shvets.

There is an interview with Viktor Shvets by Gareth Vaughan on Interest. This is a good interview and Viktor Shvets views of the future is not so bleak. Viktor Shvets is interviewed on BNN. This is from August 2019. Viktor Shvets is part of the Macquarie Group, a Sydney-based investment bank. He is Managing Director at Macquarie Securities in Hong Kong. On Hamilton Wealth Partners Viktor Shvets speaks about his book through the Though Leaders Series.

An index of the books I have reviewed are on my website at Books. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Wednesday, November 11, 2020

Seeking Virtue in Finance by JC de Swaan

This book’s full title is Seeking Virtue in Finance: Contributing to Society in a Conflicted Industry. He is talking about how finance professionals can be ambitious but still do good for our society. At the Princeton Ed site, you can get a list of articles by JC de Swaan. The link is here. However, you cannot read a lot unless you have a subscription to the particular journal that he wrote in.

JC de Swaan talks about his four pillars of ethics in finance. They are that you should serve customers faithfully, do not extract value from others (or the rest of society), treat colleagues with dignity and as much as possible apply your skills and resources to the collective interest. He said he looked for people to talk about who we could relate to that were self-interested and successful but individuals who were able to balance their self-interest and the collective interest.

Part of the book is on outstanding people in finance. It is interesting to read about people who are outstanding in finance and can motivate others to follow their lead. He comments that none are perfect, but you are also dealing with people and people are never perfect. He talks a lot about Jack Bogle who start Vanguard. Vanguard is a mutual company which deals in passive investments. Their products are ETFs. Clients believe that they are being treat well and they are.

Another person he talks about is Jack Welch the CEO of General Electric who said that shareholder value is the result not a strategy. He said your constituencies are your employees, your customers, and your product. I make my living by investment and I do believe that for long term success, a company needs to treat both customers and employees well and also produce something that people want.

One thing I look at when investigating companies, is the diversity of the Board of Directors. I look at how many females there are and how many minorities there are on the board. I figure that if having more females on boards improve the company’s performance, so should having minorities. Perhaps I should also look at top management also. JC de Swaan quotes McKinsey that looked at diversity of top management in UK, US, Canada, and Latin America. What they found was that companies in the top quartile of gender diversity were 21% more likely to outperform and that companies in the top quartile of ethnic and cultural diversity were 33% more likely to outperform.

There is a review of this book on Bokus. The review is in English, but most of the site is not. If you into podcasts, there is one on New Books Network stie. The interview of JC de Swaan by Daniel Peris starts just after 1 minute.

Tiger Gao and Roopa Venkatraman interview Jean-Christopher de Swaan on Policy Punchline about this book. JC de Swaan does a video lecture for Center for Public Policy & Financer. Knut Rostad interviews JC de Swaan for the Institute for the Fiduciary Standard. JC Swaan said at the end of the interview that the next thing for the industry might be checklists.

An index of the books I have reviewed are on my website at Books. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Friday, September 25, 2020

Heart, Breath, Mind by Leah Lagos

This book’s full title is Heart, Breath, Mind: Train Your Heart to Conquer Stress and Achieve Success. I got this book to review and I will do that. The book is designed to take 10 weeks to finish, but I obviously can review it in a shorter time frame, but probably also get some benefit from reading the book. It reminds me of a book I read in the past of Why Zebras Don't Get Ulcers by Robert M. Sapolsky .

I did not do the 10 weeks breathing exercises that is at the heart of this book. It seems like an intriguing way to help people manage stress. I do not have much stress at the moment even with the lockdown. I am fortunate in some ways that my son lives with me. At least I had company in the first part of the lockdown and now we can, in Ontario, go out somewhat with friends.

I did start on diaphragmatic breathing or belly breathing. This seems like a good thing to do. I had heard about this before and it is not new, but I had not practiced it. She talks on how training your body to handle stress can help people with problems sleeping to athlete’s performance levels. She tells a lot of stories about how she has helped people with in terms of lowing stress so they can perform or live better.

If you are suffering because of stress, it would be worth the while to get this book and engage in her 10 week course. It is a detailed plan. She also suggests some different apps you can get to help you, but you do not need these as you could follow her plan and use the worksheets she provides. Her way could be a powerful tool to improve your life.

There are few reviews of this book. You will find a couple at Good Reads. You will also find some on Amazon when you scroll to the bottom of the page. The books publisher is Houghton Mifflin Harcourt.

Leah Lagos teams with Jaspal Ricky Singh to do a short at TED-Ed Talk. In this book, Leah Lagos recommends watching Kelly McGonigal on TED Talk. The title of this TED Talk is “How to Make Stress Your Friend”. There is also a short video on this book on YouTube. There is also a good description of what Dr. Lagos does at Goop.

If you like podcasts there is some choice. Listen to Dr Lagos on MixCloud There is another podcase on the subject of HRV at Elite HRV.

Jeff Halevy interviews Leah Lagos on YouTube at Workout from Within. Nunzio Presta interviews Leah Lagos via YouTube. This is a longer interview of some 17 minutes, but is well worth listening to. NBC did a news video about Leah Lagos helping an Olympic Rower on YouTube.

An index of the books I have reviewed are on my website at Books. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

Monday, September 14, 2020

The Mosquito by Timothy Winegard

This book’s full title is The Mosquito, A Human History of our Deadliest Predator. This is an interesting read of history though diseases we got from the mosquito. I had known about malaria and other diseases hitting North America, especially the 13 colonies. I had no idea that the early explorers bought malaria from Africa. I also did not know that Europe had malaria in the past.

The author is from Canada and is living in the US. Like a lot of history done in North America and generally in Europe, this book only looks at some European, but mainly American history. When I say American, I mean North and South America. But also, a great deal of the book deals with the US history. Nothing is said about Asia and mosquitos and very little about Arica and the mosquitos.

There is a review of this book on the CBC site. There is a podcast interview of Timothy Winegard on this site. Katie Wudel at Los Angeles Times reviews this book. She ends with the quote. “It is not the strongest of species that survives, nor the most intelligent. … It is the one that is most adaptable to change.” Lulu Garcia-Navarro on NPR interviews Timothy Winegard and the transcript is given on their site. Ghost Reader on YouTube give a review of this book.

Timothy Winegard is interviewed on The Agenda. Timothy Winegard speaks at Colorado Mesa University. The Q & A portion starts at 40 minutes. There is an interview on Your Morning of Timothy Winegard. This is short at just over 5 minutes. And for Canadians, Timothy Winegard wrote a book called For King and Kanata: Canadian Indians and the First World War. He talks about this in a video at Books. Our treatment of our Indians has been astonishingly bad. I had no idea they were not considered citizens in the past.

An index of the books I have reviewed are on my website at Books. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.