Andrew Lokenauth

• Writing 1 thread a day on investing, personal finance, stocks & crypto • Previously @JPmorgan @GoldmanSachs @Citi • Words in @Forbes @TIME @BusinessInsider

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Book Recommendations:

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Recommended by Andrew Lokenauth

4) Stock Image AI Great for small business owners and content creators. Create logos, illustrations, banners, posters, book covers, and stock images with a few clicks. https://t.co/MwDLawAdSS (from X)

Revised and Updated, Featuring a New Case Study How do successful companies create products people can’t put down? Why do some products capture widespread attention while others flop? What makes us engage with certain products out of sheer habit? Is there a pattern underlying how technologies hook us?Nir Eyal answers these questions (and many more) by explaining the Hook Model—a four-step process embedded into the products of many successful companies to subtly encourage customer behavior. Through consecutive “hook cycles,” these products reach their ultimate goal of bringing users back again and again without depending on costly advertising or aggressive messaging. Hooked is based on Eyal’s years of research, consulting, and practical experience. He wrote the book he wished had been available to him as a start-up founder—not abstract theory, but a how-to guide for building better products. Hooked is written for product managers, designers, marketers, start-up founders, and anyone who seeks to understand how products influence our behavior. Eyal provides readers with: • Practical insights to create user habits that stick. • Actionable steps for building products people love. • Fascinating examples from the iPhone to Twitter, Pinterest to the Bible App, and many other habit-forming products.

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10) The Only Investment Guide You'll Ever Need by Andrew Tobias This is a great book for anyone looking to learn the basics of investing and saving money. https://t.co/EVBmx86Mfx (from X)

From Wikipedia: A financial adviser (alternatively spelled advisor) is a professional who renders financial services to individuals, businesses and governments. This can involve investment advice, which may include pension planning, and/or advice on life insurance and other insurances such as income protection insurance, critical illness insurance etc., and/or advice on mortgages.[1] ~ Ideally, the financial adviser helps the client maintain the desired balance of investment income, capital gains, and acceptable level of risk by using proper asset allocation. Financial advisers use stock, bonds, mutual funds, real estate investment trusts (REITs), options, futures, notes, and insurance products to meet the needs of their clients. Many financial advisers receive a commission payment for the various financial products that they broker, although "fee-based" planning is becoming increasingly popular in the financial services industry. ~ A further distinction should be made between "fee-based" and "fee-only" advisers. Fee-based advisers often charge asset based fees but may also collect commissions. Fee-only advisers do not collect commissions or referral fees paid by other product or service providers. ~ Some investment advisers only charge a fee based on the assets managed for the client. Typically they charge about 1.0 to 1.5% per year to make the investment decisions for the client. They do not collect commissions. ~ The main purpose of a financial adviser is to assist clients in the planning and arrangement of their financial affairs, such as savings, retirement provisions, tax treatment and wills. To ensure ethical practices, financial advisers must understand a client's financial situation as well as their need for financial stability. Finance can be complicated and any adviser has responsibilities ethically to see that a client's risk is minimized, and monetarily, that money is maximized within the established risk boundaries.

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@AccentInvesting Many great lessons in this book! (from X)

The Art of War book cover

by Sun Tzu, Lionel Giles·You?

[Read by Ray Porter and Lorna Raver] [Introduction read by Lorna Raver] [Translated by John Minford] [Produced and Directed by Yuri Rasovsky] Even those readers familiar with The Art of War will experience it anew, finding it more fascinating and more relevant than ever. Master Sun said: ''Ultimate excellence lies not in winning every battle but in defeating the enemy without ever fighting.'' For more than two thousand years, The Art of War has stood as a cornerstone of Chinese culture, a lucid text that reveals as much about psychology, politics, and economics as it does about battlefield strategy. For those seeking a deeper understanding of this seminal work, scholar John Minford brings the words of Sun-tzu to life for modern listeners, presenting the core text in two formats: Part I: The original text by Sun-tzu -- Ray Porter reads the unadorned thirteen chapters, allowing listeners to form their own first impressions of the ancient words of wisdom ascribed to Sun-tzu. Part II: The original text *with running commentary* -- Read by Ray Porter and Lorna Raver, the original text is presented again, this time with extensive running commentary by traditional Chinese scholars and the translator, providing context and subtext for the work. Included is a lively, learned introduction, read by Lorna Raver, in which Minford explores the life and times of Sun-tzu and considers how best to read and understand the work today.

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@SeekWiser_ One Up on Wall St by Peter Lynch is a great book on investing!! (from X)

A legendary mutual-fund manager explores the advantages average investors have over professionals and how they can use them to achieve financial success. America’s most successful money manager tells how average investors can beat the pros by using what they know. According to Lynch, investment opportunities are everywhere. From the supermarket to the workplace, we encounter products and services all day long. By paying attention to the best ones, we can find companies in which to invest before the professional analysts discover them. When investors get in early, they can find the “tenbaggers,” the stocks that appreciate tenfold from the initial investment. A few tenbaggers will turn an average stock portfolio into a star performer. Lynch offers easy-to-follow advice for sorting out the long shots from the no-shots by reviewing a company’s financial statements and knowing which numbers really count. He offers guidelines for investing in cyclical, turnaround, and fast-growing companies. As long as you invest for the long term, Lynch says, your portfolio can reward you. This timeless advice has made One Up on Wall Street a #1 bestseller and a classic book of investment know-how.

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@thesigmamindset Never Split the Difference by Chris Voss is a great book on communication skills (from X)

A former international hostage negotiator for the FBI offers a new, field-tested approach to high-stakes negotiations--whether in the boardroom or at home. After a stint policing the rough streets of Kansas City, Missouri, Chris Voss joined the FBI, where his career as a hostage negotiator brought him face-to-face with a range of criminals, including bank robbers and terrorists. Reaching the pinnacle of his profession, he became the FBI's lead international kidnapping negotiator. Never Split the Difference takes you inside the world of high-stakes negotiations and into Voss's head, revealing the skills that helped him and his colleagues succeed where it mattered most: saving lives. In this practical guide, he shares the nine effective principles--counterintuitive tactics and strategies--you too can use to become more persuasive in both your professional and personal life. Life is a series of negotiations you should be prepared for: buying a car, negotiating a salary, buying a home, renegotiating rent, deliberating with your partner. Taking emotional intelligence and intuition to the next level, Never Split the Difference gives you the competitive edge in any discussion.

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@LTI_finance Great book! (from X)

Do you want success? More success than you have now? And even more success than you ever imagined possible? That is what this book is about. Achieving it. No gimmicks. No hyperbole. Finally, just the truth on what it takes to earn success As the central curator of the success media industry for over 25 years, author Darren Hardy has heard it all, seen it all, and tried most of it. This book reveals the core principles that drive success. The Compound Effect contains the essence of what every superachiever needs to know, practice, and master to obtain extraordinary success. Inside you will find strategies on: How to win—every time! The No. 1 strategy to achieve any goal and triumph over any competitor, even if they're smarter, more talented or more experienced. Eradicating your bad habits (some you might be unaware of!) that are derailing your progress. Painlessly installing the few key disciplines required for major breakthroughs. The real, lasting keys to motivation—how to get yourself to do things you don't feel like doing. Capturing the elusive, awesome force of momentum. Catch this, and you'll be unstoppable. The acceleration secrets of superachievers. Do they have an unfair advantage? Yes, they do, and now you can too! If you're serious about living an extraordinary life, use the power of The Compound Effect to create the success you desire. Begin your journey today!

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@AccentInvesting "The Richest Man in Babylon" is an excellent book with great advice on achieving financial success (from X)

If you have a lean purse and are looking for financial wisdom, you’ ve picked the perfect book! “ A PART OF ALL YOU EARN IS YOURS TO KEEP.” This beautiful leather-bound edition of Clason’ s classic bestseller The Richest Man in Babylon makes for a perfect addition to any library. From the importance of savings to the essentials on how to become wealthy, this collection of famous Babylonian parables imparts timeless financial wisdom. It offers insights on how to become wealthy and how to attract good luck and discusses the five laws of gold. A perfect guide to understanding finances and a powerhouse of time-tested principles to gain and retain personal wealth, The Richest Man in Babylon has been inspiring readers for generations. "

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@PsycheWizard "The Alchemist" is a great book on following dreams, listening to intuition, and finding purpose (from X)

Note: Item has rough Cut edges(Edges are cut improperly intentionally by the manufacturer) A special 25th anniversary edition of the extraordinary international bestseller, including a new Foreword by Paulo Coelho. Combining magic, mysticism, wisdom and wonder into an inspiring tale of self-discovery, The Alchemist has become a modern classic, selling millions of copies around the world and transforming the lives of countless readers across generations. Paulo Coelho's masterpiece tells the mystical story of Santiago, an Andalusian shepherd boy who yearns to travel in search of a worldly treasure. His quest will lead him to riches far different—and far more satisfying—than he ever imagined. Santiago's journey teaches us about the essential wisdom of listening to our hearts, of recognizing opportunity and learning to read the omens strewn along life's path, and, most importantly, to follow our dreams.

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@PsycheWizard Great book! (from X)

Life in the 20s is exciting and entertaining. In this phase, one usually tastes more autonomy than ever in life. New people are introduced and new dimensions of life are opened up. You start to figure out your uniqueness and the qualities that make you special. Yet, this is also the age when everything can go wrong. You might step into well-known pitfalls and struggle for the rest of your life. You might make your life difficult by creating complex equations with other people only to find out that such people never mattered. You might not know the basics of managing your own finances and struggle with money problems for the rest of your life. You might have the potential to forge a great career, but mess it up because of wrong priorities. In cricket terminology, you can be the best batsman in the world, but if you do not know who the bowler is or what his bowling specialties are, you will struggle to play well. In the 20s, you are the batsman and life is the bowler. In order to be the best batsman, you have to know the bowler inside out. This book attempts to give you insights into life in the 20s so that you can make the best out of it. The eight chapters of this book collate the most important lessons of life in the 20s, in a concise, easy-to-read language.

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"The Intelligent Investor" by Benjamin Graham This is a great book for anyone who is interested in introducing themselves to the world of investing or wants to get better at investing This book gives valuable information to help one understand the basics of value investing https://t.co/DDMOAyaYLI (from X)

“By far the best book on investing ever written.” — Warren Buffett The classic text of Benjamin Graham’s seminal The Intelligent Investor has now been revised and annotated to update the timeless wisdom for today’s market conditions. The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham's philosophy of "value investing"—which shields investors from substantial error and teaches them to develop long-term strategies—has made The Intelligent Investor the stock market bible ever since its original publication in 1949. Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles. Vital and indispensable, this revised edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.

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"Common Sense Investing" by John Bogle Great information for anyone who is trying to make sense of personal finance & basic investments. This book explains why passive investing is a worry-free, long-term strategy that consistently wins over time https://t.co/l1fkfJwV46 (from X)

The best-selling investing "bible" offers new information, new insights, and new perspectives The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500. While the stock market has tumbled and then soared since the first edition of Little Book of Common Sense was published in April 2007, Bogle’s investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor. Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing. A portfolio focused on index funds is the only investment that effectively guarantees your fair share of stock market returns. This strategy is favored by Warren Buffett, who said this about Bogle: “If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds. Today, however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me.” Bogle shows you how to make index investing work for you and help you achieve your financial goals, and finds support from some of the world's best financial minds: not only Warren Buffett, but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale’s David Swensen, Cliff Asness of AQR, and many others. This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future. Build a broadly diversified, low-cost portfolio without the risks of individual stocks, manager selection, or sector rotation.Forget the fads and marketing hype, and focus on what works in the real world.Understand that stock returns are generated by three sources (dividend yield, earnings growth, and change in market valuation) in order to establish rational expectations for stock returns over the coming decade.Recognize that in the long run, business reality trumps market expectations.Learn how to harness the magic of compounding returns while avoiding the tyranny of compounding costs.While index investing allows you to sit back and let the market do the work for you, too many investors trade frantically, turning a winner’s game into a loser’s game. The Little Book of Common Sense Investing is a solid guidebook to your financial future.