1884th BLOG POST
Please watch my review of the movie- Taish released on Zee5 Premium App last week:-
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WRITING BUDDHA
Managed by Abhilash Ruhela
Please watch my review of the movie- Taish released on Zee5 Premium App last week:-
Thanks
WRITING BUDDHA
41st Book of 2020!
I
have always been very scared of anything that gets associated with the subject
of Commerce as I couldn’t handle even the basic Accounting subject in my
college days. It’s another story that I wasn’t good even in Science which I had
got enrolled myself in with my own interest. Therefore, every time, I get a
book which claims to make Finance and Money easy, I just grab it. This is what
made me pick up the popular book these days about which everyone is talking
named “The Psychology of Money” written by Morgan Housel and published by Jaico
Publications.
The
book is divided into 20 different chapters where author has taken us through
the logic as to how making money is not only about knowing finance but it is
more about the person’s psyche related to it. Author tells how each one of us see
money and stock market from our own experiences rather than through Excels and
statistics that the Fund managers throw at us. The initial chapters are all
about that and I really liked this angle because every time I have gone through
a finance-related book, I only get to read jargons and author’s view about them
whereas here, author, rather than talking about money and his views is talking
about our relationship with money.
Author
has given many real-life references to keep his points which makes this book a
biographical account in many of the chapters. I liked how author also speaks
about these real-life figures’ failures as openly as he does about their
successes. Author has written every chapter independently yet how he has mapped
them with each other in an orderly fashion ties the whole book together very
nicely. Another USP of this book is that it not only speaks about money and
finances but also about how to lead happy and peaceful life along with it. The
way author has clubbed these two different topics from Self-Help genre and put
into one book is really appreciable.
I
enjoyed how author busted many myths so cleverly in simple language that I
couldn’t help adoring such lessons and quotes. Like how he says that a person
is financially good can’t be determined by the valuables he/she possesses. The
book also discusses how historical factors are not considered while forecasting
future based on past results. It was an eye-opener for me when author mentioned
all the major incidents that has happened in the past which has affected
economy like anything which is not considered at all while making future
forecasts. Similarly, author named 7-10 individuals who have changed so much
for the world that our living style is completely different from the past.
In
another chapter, author explains how dynamic the concept of money and dealing
with it is. It is elaborated giving the example of the most popular book on
investment named “The Intelligent Investor” and how author had to change many
things he stated with each edition just because the things change and with it,
our relationship with money also changes. In the 15th Chapter, we
are introduced to how tough it is for us to hold and sustain the long-term
investments and how important it is to maintain it for a secured money gain.
Another chapter on seduction of pessimism is my favorite chapter in the book.
It discusses how we often overlook the positive news but get attracted towards
the negative news which helps fund managers and channels to play with our
money.
Overall,
the book is like a podcast where a person is motivating us and explaining us to
not take the money game very seriously as it’s not about the tough calculations
but about our psychology how we want to live our life. Different person like
and want different things in life hence one rule can’t be applied to all.
Hence, author in the very last chapter, tells us simply about what he does with
the money which is so easy to understand that you might feel if what we have
been hearing all these days has been a false story altogether.
Now,
talking about the drawbacks, I felt that author has spent most of the time
telling us things and problems but not given as much solution as expected from
the book from the reader’s point of view. Also, author has mostly given
scenarios of USA which might not apply for someone like me based in India. Some
chapters are just plain feelings of the author about what people think about
something rather than giving some output from it. I believe the book is more
about the psychology than finance whereas the cover page claims to talk more
about money and the psychology related to it.
Overall,
this is a very fresh read and I liked this new stuff. I give it 4 stars out of
5. Please read if you wish to know how to go ahead with savings and investment.
Thanks.
WRITING BUDDHA
40th Book of 2020!
I
generally don’t read Hindi books because it takes me a little longer to finish
it. I am a very impatient reader and just can’t see myself stuck with one book
for a longer time. Haha! But because I had read one of the books written by
Manoj Singh earlier named “Vaidik Sanathan Hindutva”, I thought of picking up
another book written by him with a more interesting title and cover page named “Main
Aryaputra Hoon”. As I have recently started reading a little more about my
religion and culture, I prefer reading Manoj Singh because his contents on this
topic are excellent with great insights.
Main
Aryaputra Hoon can be said to be his best book till now due to its great content
and the way he has handled the topic. There are many questions about who the
Aryans were and what is their history. There are also many myths related with
it which has almost become the true version of the story. Many of us tend to
believe that they came from outside and were not primarily from our land. All
these myths about Aryans is busted in this book very beautifully. Also, author
has tried to take us to our ancient times and made us understand how Aryans are
present since the stone age and were even the first civilization of the world.
There are many such facts about Aryans which are eye-opening and insightful.
Author
has chosen a concept like Bhagwad Gita where there are two characters where one
seeks answers whereas another one is trying to help her with the facts,
realities and answers. I liked this structure a lot as it helps you understand
the context of the long explanations and sometimes there is co-incidence when
the question asked is something you were also thinking at the same time. Author’s
research is very well evident in each and every page. Author doesn’t skip any
aspect of this topic and goes deeper into it with each chapter. I am glad that
the chapters are small which makes it easy for you to read topic by topic
without having to get confused with the length and seriousness of the book.
Author
has regularly given references of our ancient texts such as Purans, Upanishads,
Vedas, Geeta and what not which is again a good practise when you write on such
topics as you get compilation from all these great books in one book itself as
a reader. It is not easy for every person to go through all these texts hence
the effort from the author does wonders for people who aspire to have knowledge
from all these books on a specific topic. Author has also emphasized on the
fact that the book is not a work of fiction but whatever spoken is a matter of
fact which tells about his belief in his work. This 300+ pages book is a very
difficult job to execute which I feel author has managed very vividly.
Talking
about the drawbacks – there aren’t many of them but still there are few points
I would like to mention. One, I feel author becomes too critical of people who
speaks against the concepts he believes in. This is something I had noticed in
the “Vaidik Sanathan Hindutva” and have noticed in this book also. Such great
and beautiful topics should only spread positivity through the book. Secondly,
few paragraphs that author writes continues for more than a page which makes it
visually difficult for the readers to follow and understand the context. Author
should work upon writing small paragraphs. Lastly, author’s command on Hindi
language is remarkable. I have learnt many new good Hindi words and I must
appreciate author for the same. But if author’s agenda is to ensure that his
message and information about our culture reaches to as many people as possible,
he should tone down his language a bit.
Overall,
this is a very informative book which you would love reading and sharing the
knowledge with your family and friends. I give this 4.25* out of 5.
Thanks.
WRITING BUDDHA