The Algebra of Wealth: A Simple Formula for Financial Security (Unabridged)
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4.5 • 234 Ratings
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- $14.99
Publisher Description
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 cohost 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 lifespans 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, Scott 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 learn:
How to find and follow your talent, not your passion, when making career decisionsHow to ride and optimize big economic waves (hard truth: 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
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.
APPLE BOOKS REVIEW
The formula for a lifetime of financial success is there for the taking in Scott Galloway’s The Algebra of Wealth. The host of the popular Prof G Show podcast doesn’t promise obscene riches, but a solid foundation for economic security. Breaking his equation into four parts—stoicism, focus, time, and diversification—he outlines the steps that can turn financial stability into financial freedom. His advice runs the gamut from how to select a career (hint: don’t follow your passion) to a detailed look at investment strategies. A professor of marketing at NYU, Galloway includes anecdotes from his own successes and failures to keep it relatable. Stepping through the “magic” of compound interest is a reminder of an underappreciated linchpin, but his deep dive into portfolio management, especially his explanation of risk factors, is Wealth Building 101. Handling the narration, he goes into full cool-professor mode, making the material palatable for anyone from novice to expert. This is the sort of commonsense advice that should be passed from generation to generation.
Customer Reviews
See AllExcellent Blueprint
A lot of the principles in this book are fairly straightforward and easy to understand and if you’re an older adult you’re probably already applying them to your life. But for someone fresh out of high school or even college this book is an excellent blueprint in how to build your life. It doesn’t cover everything but it’s a great starting point, and it’s presented well.
Great personal finance book
Very insightful
Wow! A true reference
I hope the provides more in-depth books on the factors of achieving wealth. I’m in search of references for actual practice and I’m not an easy rater but compared to other books this was great. I listened to it multiple times.