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Showing posts from March, 2020

Deviate: The Science of Seeing Differently (Beau Lotto, 2016)

Review: Combination of a small percentage of medical science and a lot of examples, you will be taught to see things in a different light - of course with constant practices. Rated: 8/10 Looking for keys in the dark street, someone only searches the place where light is even he dropped his keys elsewhere because he can’t see in the dark You are aware that you are usually unaware Research by social psychologists has shown that the answers people give tend to not be true to a surprising degree In real life trial and error, and it’s not only how we uncover our biases. It’s how we actually make new ones 5 Principles: Celebrating uncertainty Openness to possibility Cooperation Intrinsic motivation Intentional action

Equity Management: The Art and Science of Modern Quantitative Investing (Bruce I. Jacobs; Kenneth N. Levy, 2018)

Review: Your complete guide for anything about equity - from history to current strategies to the right formulas to get the optimal portfolio. A long read but worth it. Rated: 9.5/10 Quantitative and measurement Alpha: measures the amount that the investment has returned in comparison to the market index or other broad benchmark that it is compared against Mean-variance-leverage optimisation (MVO): a quantitative tool that will allow you to make this allocation by considering the trade-off between risk and return Markowitz general mean-variance portfolio selection model (GPSM) Black-Scholes-Merton (BSM) model: a mathematical model for pricing an options contract Dividend discount model (DDM): valuing a company's stock price based on its future dividend  Information coefficient (IC): measure of the merit of a predicted value Regularities measurement Low P/E: outperform high P/E stocks Small size: correlation with future performance Dividend yield: capital gain vs d...

Superhuman Innovation: Transforming Business with Artificial Intelligence (Chris Duffey, 2019)

Review: Fairly covers the basic of how AI can interact and apply to our future. Conversational based content using with good illustrations and examples. Rated: 8/10 Customer experience (Brian Solis, Wiley 2015) 86% of consumers willing to pay more to receive a better customer experience 1% of customers feel their expectations are met consistently Data growth (microfocus.com) 44b GB/day in 2016 463b GB/day in 2025 Data feedback loop Data intelligence People: empowered employees Products: transformed products Operations: optimised operations Customers: engaged customers AI advancement (McKinsey) 10 times faster and at 300 times the scale of the industrial revolution Industrial revolution scale 9 types of intelligence Intrapersonal Spatial Naturalist Musical Logical-mathematical Existential Interpersonal Bodily-kinesthetic Linguistic SUPER framework: hardness AI Speed Understanding Performance Experimentation Results Gait analysis: system...

The Every Day MBA: How to Turn World-class Business Thinking Into Everyday Business Brilliance (Chris Dalton, 2014)

Review: Extensive reach from this book with plenty of proven models that is easy to understand. Covers major content but still lack of holistic MBA essence. Rated: 8.5/10 Resilient management Forecasting and planning Organising Commanding or directing Coordinating Developing outputs Controlling (through feedback) First level manager: Learning from doing Learning the ropes Taking on responsibility and decision making Middle manager: An informed curiosity Self-preservation Responsibility for implementing small to medium scale change Senior manager: Stand in place of the founder or owners Translate the vision and set the strategy Keep eyes and ears open Management roles: Informational: disseminate communication Decisional: get things moving and implement change projects Interpersonal: figurehead, motivational leader and connecting network Curiosity and self-awareness Personality: who am I? What is important to me? Proficiency: what am I good at? W...

Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist (Brad Feld; Jason Mendelson, 2011)

Review: very thorough explanation on how term sheet and letter of intent suppose to structure when come to fundraising, contains plenty of tips for entrepreneur not to be eaten alive too. Rated: 9/10 Business plan or private placement memorandum (PPM) Stage of the company Competition with other funding sources Experience of the entrepreneurs and leadership team The VC’s natural entry point Which stage investor should enter Numbers, numbers, numbers Past performance Predictions Revenue Earnings before interest, taxes, depreciation and amortisation (EBITA) Cash burn Head count Current economic climate Price adjusted according to macroeconomy Term sheet General Issuer Investor(s) Amount of financing Price: per share, premoney and postmoney valuation Type of security Closing Terms of series A preferred stock Dividends: a payment made by a corporation to its shareholders, usually as a distribution of profits  Liquidation preference: dictates the...

The Scorecard Solution: Measure What Matters and Drive Sustainable Growth (Dan E. King, 2015)

Review: Technical approach on what a business need and pretty detail on every business segment, especially good for business owners who needs indicators to function. Rated: 8.5/10 Market intelligence Overachievement of goal Leading indicators: Execution misses in technology: create leading metrics for technology projects No consequences for poor performance: individual goal review on a monthly or quarterly basis as well as enterprise-wide talent assessment Flawed strategy planning caused by minimal competitive information: apply a data-centric approach to planning collect - marketplace intelligence, competitive analysis, and internal assessment of capabilities No talent pipeline: quarterly talent assessment process and robust talent pipeline Don’t blame the budget when things are going South Organisational Prowess Scorecard (OPS): Strategy on internal data: Competitors identified Owner of marketplace intelligence assigned Competitor strategic intent known Competit...

The Tao of Seneca Volume 1 - Tim Ferriss (Full Book)

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