Author Topic: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st  (Read 905 times)

Aberhound

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The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« on: February 21, 2012, 03:24:52 PM »
The New Robber Barons

Here is a deal value investors will appreciate!
« Last Edit: February 21, 2012, 03:42:04 PM by Parsad »

Kraven

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Re: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« Reply #1 on: February 21, 2012, 03:47:35 PM »
Obviously free is free, but I don't know.  Maybe it's just me, but I find Janet Tavakoli impossible to read.  She is a self-proclaimed expert in structured finance and her books are all over the place and don't make a ton of sense.  Her book on Warrent Buffett (I forget the title) was such a scam.  She met him once, although they have corresponded a few times, and she writes an entire book about "what Warren would do" in various situations.  It was one of the few books that I just couldn't get past around 40-50 pages and wished I could return it and get my money back.
"Many shall be restored that now are fallen and many shall fall that now are in honor." - Horace

Liberty

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Re: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« Reply #2 on: February 21, 2012, 03:48:29 PM »
Thanks Kraven. I was just about to ask for opinions about "Dear Mr. Buffett: What An Investor Learns 1,269 Miles From Wall Street ".
"The first principle is that you must not fool yourself - and you are the easiest person to fool." -- Richard Feynman

Parsad

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Re: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« Reply #3 on: February 21, 2012, 03:53:31 PM »
Thanks very much!  Free is free.  I downloaded Kindle to my PC and iPhone, as well as the book.  Cheers!
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AZ_Value

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Re: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« Reply #4 on: February 21, 2012, 04:01:44 PM »
I think Mike Burry has credited her book Credit Derivatives Synthetic Structures with being the tool he used to first understand credit derivatives and then come up with his big CDS idea.
It's far from being free tho  :)
« Last Edit: February 21, 2012, 05:10:19 PM by AZ_Value »

Kuhndan

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Re: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« Reply #5 on: February 21, 2012, 04:35:25 PM »
Dear Mr Buffett was a very tough read. I didn't get anything out of it. I definitely don't recommend.

NormR

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Re: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« Reply #6 on: February 21, 2012, 04:47:39 PM »
I might observe that some books have negative value.  (Not necessarily the one in question because I've not read it.)  There's the opportunity cost - as in that's X hours I won't get back.  Even worse is the cost of absorbing poor mental models.  Those can be quite expensive ...   As a result, I've become rather more selective in my book reading over time.   (Wow, that was overly grouchy  ;) )

Liberty

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Re: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« Reply #7 on: February 21, 2012, 04:59:35 PM »
I think Mike Burry has credit her book Credit Derivatives Synthetic Structures with being the tool he used to first understand credit derivatives and then come up with his big CDS idea.
It's far from being free tho  :)

A bit expensive, but I'd say that Burry got a pretty good ROI on that one ;)
"The first principle is that you must not fool yourself - and you are the easiest person to fool." -- Richard Feynman

vinod1

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Re: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« Reply #8 on: February 21, 2012, 05:11:59 PM »
I might observe that some books have negative value.  (Not necessarily the one in question because I've not read it.)  There's the opportunity cost - as in that's X hours I won't get back.  Even worse is the cost of absorbing poor mental models.  Those can be quite expensive ...   As a result, I've become rather more selective in my book reading over time.   (Wow, that was overly grouchy  ;) )

Yes and I think the vast majority of the investment books do fall under this category. Over the last couple of years I have drastically cut down on the number of investment books I read just for this reason.

Just think what is the value of a leather bound book containing verbatim all the comments on the Level 3 thread. I would pay a large amount to avoid reading such a book, just to avoid suicidal thoughts!

Vinod

Myth465

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Re: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« Reply #9 on: February 21, 2012, 07:25:48 PM »

Just think what is the value of a leather bound book containing verbatim all the comments on the Level 3 thread. I would pay a large amount to avoid reading such a book, just to avoid suicidal thoughts!

Vinod

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Re: The New Robber Barons - Janet Tavakoli Free on Kindle Feb 21st
« Reply #9 on: February 21, 2012, 07:25:48 PM »