I’ve just finished reading Michael Hill’s recently released book ‘Toughen Up’, which I really enjoyed. Michael Hill is the founder of the Michael Hill Jewellery chain which is a publically listed company on the NZSX. I had two motivations in reading his auto-biography. First, I have a share-holding in Michael Hill International (MHI), so I took a lot of interest in Michael Hill’s business philosophy. …Read more »
I’ve just finished reading the ‘The 4-Hour Workweek’ by Tim Ferriss. Actually, I sped read it skipping over some of the typical hype that these popular books tend to have. Being very selective of what we read is actually one of Tim’s recommendations, so I’m sure he won’t be upset to learn that I didn’t feel the need to read his entire book. …Read more »
I’ve just finished reading the ‘The Great Crash of 1929’ by John Kenneth Galbraith. I discovered this book at our local book-store, and I was motivated to read it when I noted that it was written in 1954. Currently there are many books being promoted in book-stores that are attempting to explain the cause of the 1930s depression and trying to forecast the current recession. …Read more »
For anyone interested in technology and investing, I highly recommend the book “The Innovator’s Dilemma” by Clayton M. Christensen. The following blog entry is my summary of the significant concepts.
The book proposes that there are two types of technological advances: sustaining innovations and disruptive innovations. The majority of advances are sustaining innovations. …Read more »