The Algebra of Wealth
A Simple Formula for Financial Security
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4.5 • 99 Ratings
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- $16.99
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. This is the sort of commonsense advice that should be passed from generation to generation.
Customer Reviews
Wonderful straight for book.
Scott calls balls and strikes. Very simple guide for anyone in their earning years and at noice at saving and the markets. Examples provided were clear with enough information without being boring or confusing. A page turner for all those interested in having their money work for them. We’re in this for the long haul.
Unoriginal, But Helpful
The summary pages of each section are super helpful in case you want to gloss over the preceding material - which is what I ended up doing….
Love his podcasts and this book is a summary of what you have heard already - drumbeat, move to an alpha city, work really hard, make rich friends, have sex, etc., etc. It’s two steps above learning to balance your checkbook, which he mentions he won’t be covering.
His feedback works, but akin to not spending more than you take in, and being in the right place at the right time.
I moved to NYC, had emotional chairs thrown at me while working at Morgan Stanley, too busy for sex, but bought a Range Rover and drove far, far away.
Totally get his story, I just don’t work as hard. … And his next book about the abandonment of young males is going to be utterly depressing. But it’s also something we have seen coming since iPhones / Facebook… So, get yourself a foreign passport and scoot…
Great book
A must read for entrepreneurs and those trying to build wealth