Book Summaries
Chapter 2: The Investor and Inflation (The Intelligent Investor)
Inflation is an investment concern because it depletes real wealth, and the purchasing power of profits and principal. Fixed income securities are usually most hard hit.
Inflation is an investment concern because it depletes real wealth, and the purchasing power of profits and principal. Fixed income securities are usually most hard hit.
The benefit of equity investments is that dividends and capital gains can make up for lost purchasing power – especially when compared with a bond that has a fixed payout.
Minimize risk by anticipating what you cannot see. Diversify.
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Related posts:
- Chapter 1: Investment Versus Speculation (The Intelligent Investor)
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Chapter 8: Sexing the Mind (The Red Queen)
This chapter is about the differences between men and women. Men are better at spatial tasks than women. Spatial skills and polygamy go together in several species. Female bodies evolved to bear and rear children.
Book Summaries
The player of games
Below is a review and summary of Iain M. Banks’s classic, *The Player of Games*, and how it relates to our times. **The Adventure Unfolds** Imagine a man named Jernau Morat Gurgeh, a citizen of the Culture—a vast, galaxy-spanning civilization where [scarcity](https://www.amazon.
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Cognitive Science: An Introduction to the Science of the Mind Summary (8/10)
*Cognitive Science: An Introduction to the Science of the Mind* is a textbook by John R. Anderson and David W. Shiffrin, originally published in 1983. The first edition was notable for its clear and concise exposition of many topics that eventually became central to cognitive science.
Book Summaries
Chapter 3: A Day in the Life of Adam and Eve (Sapiens)
Ancient foragers had very different lives to us now. In some ways better, in other ways, worse. They were known as the original affluent societies. They had less sickness, traveled in groups so there was no chance of epidemics. They encountered no more than 200 people in their lifetime.