Best business & money books according to redditors

We found 42,093 Reddit comments discussing the best business & money books. We ranked the 12,862 resulting products by number of redditors who mentioned them. Here are the top 20.

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Top Reddit comments about Business & Money:

u/Maytree · 13287 pointsr/explainlikeimfive

You might be interested in this book:

Thinking Fast and Slow by Daniel Kahneman. Kahneman has done Nobel-award winning research into the way human beings make irrational decisions and why. The TL;DR is that the brain has two distinct systems for thinking -- a strong, fast, emotional and relatively dumb one, and a weaker, slower, rational, much smarter one. When you "think with your gut" you're using the first system, and when you ponder something carefully and make a rational choice you're using the second system.

So what you had here was a good example of the two systems being in conflict. The dumber but stronger emotional system probably said something like "Ugh, I don't want to walk up those stairs! I can do this with a butter knife." The smarter but weaker rational system then pointed out that this was pretty dumb, but it wasn't strong enough to override the "fast" system, which is all about short-term tactics, not long-term strategies. The slow system then sent you off to Reddit to complain about how your fast system is an idiot.

Edit: I wasn't aware the the ebook links were unauthorized so I've removed them per request of the moderators.

u/Blahkbustuh · 3274 pointsr/investing

This sort of thing is like getting hit by lightning.

Imagine this: if you were around in the early 1900's, which car company would you have invested in? There were hundreds of them. Most of them looked pretty good. Even as late as the 1950's Studebaker, Nash, and American Motors would have looked pretty great. You would have no way of knowing Ford, GM, and Chrysler would have been the survivors and good investments.

Moreover, you don't remember it, but in the late 90's Apple was totally on life support. I think it was either Microsoft or Bill Gates tossed them some help, it was so bad. Steve Jobs came back and turned the whole mess around. If your dad had invested in them in 1986, he'd have sold it within 10 years and been happy to have walked away with more than $0.

Moreover #2, the late 90's was the tech boom. Look up some info on Yahoo was the internet titan. AOL was everywhere and bought Time Warner. Dell Computers were huge. Compuserve. The 90's was the same thing as cars in the early 1900's. You had no way of knowing out of all the tech companies that Amazon and Google were going to be the survivors.

You know how Amazon basically used the internet to eat Sears' lunch? That means smart and connected people fully immersed in the retail industry running the biggest retail business in the world and able to afford all the consultants and research they could want couldn't even comprehend what technology was going to do within a decade or two or spot what was going to be their downfall and you think you could have managed to pick Amazon out of all the tech companies at the same time?

Moreover #3, the places where there are spectacular opportunities, they occur to people around the founder and early employees and people in the venture capital industry. You'd had to have known Mark Zuckerberg in college or his parents and been able to lend a nerd with a computer $50k, or been an early employee of a "shaky" at best company. That's the risk you run if you go to work for a startup. If you have claim to a percent or two, if the company takes off, that's huge. But way more likely the company probably flops or gets bought out for a modest amount. Are you friends with college tech nerds? Are they working on stuff that you think giving them $10k's wouldn't be throwing money away? Do your relatives know their relatives? Are you in an area where you'd come into contact with those people?

Additionally, I'm 32. Part of getting older is realizing you've made choices and decisions and they create opportunities and paths and take away other opportunities and paths, and learning how to cope with seeing that you should have done something differently. We're all doing the best we can at the time. If any of our parents had bought $10k or 20k worth of Apple or Microsoft in the 90's they'd be millionaires by now. If my parents had bought a different house on a lake in the same town for a slightly higher price 30 years ago, they'd be in significantly different financial position too. If only my grandfather had bought large amounts of land near where he lived Washington DC during the Great Depression! You made the best decisions at the time, don't live life looking in the rear view mirror and second guessing yourself.

Looking at my situation, I could buy a flashy car that I like and would enjoy a lot or I could take that few hundred per month and invest it. What happens when I'm 60 and have an account with a big number in it? Then I buy the car I'd enjoy having and go on a lot of vacations, except I'll be old. And I don't expect suddenly when I'm older, my feelings will switch around and I'd suddenly start to enjoy spending money and seeing the number go down rather than saving it. And I've talked to my coworkers, a decade ago there was a person in the office where I work now was mid-50's and came down with brain cancer and was rapidly gone. We have other coworkers who die right after retiring, or aren't healthy enough to get much enjoyment. Think about that--you or me could spend our whole working lives saving money for retirement and then die in our 50's or right after retiring and not being able to get any enjoyment from it. And it's not just dying, but coming down with an illness or having a lot of pain. That isn't a very enjoyable life.

And yet I'd rather save money and push that problem out of what to do with it. This is what I think about when I think about whether to get rid of my cheap, working, boring car and consider getting something fun.

I think autonomous vehicles will be a large source of growth in the coming decade. So which company do you think will do it first? Ford, GM, Chrysler, or Tesla? What if Apple or Google or Uber or Yahoo or some company you haven't heard of right now swoops in and does it first? Surprise! You chose wrong. You could redeem yourself if you invested in a car company the tech company chooses to partner with because they know how to tech but not to make cars. Which car company would they partner with? Is it the one you chose?

Healthcare is big. It's 17% of our economy. How do you invest in that for 10 years for now? What if the people start electing progressives and they completely rearrange the healthcare system and do something like eliminate the need for insurance companies or sharply reduce the profitability of pharmaceutical companies?

Don't dwell on hindsighting yourself. If you look at any graph of a stock or anything it is sooooo obvious to spot the times to buy or sell and pick an optimum path through different investments but when you have to do it live you never know what is going to happen. If you had $10k now, do you think you'd invest it right now or do you think we're on the cusp of a recession where if you hang on to that sum for part of a year or more, you can get a much larger return? What do you think, hmm? It'll be so easy to be able to see what you should have done when you're 32 in 2029 and pull up a graph of stocks and what they did in 2019-20.

I don't want to be rude but stop it with the crypto. You know how gambling works because it exploits people who have the inclination in them to say 'just one more for sure!' even with games where the odds are actually pretty low to ever come out ahead. The fear of missing out is what compels people to get involved with it. People who say "If I had put $100 into bitcoin in 2011, I'd have $10 billion now!" like, no. It's exploiting the people like you who want to look at the graph of Apple's stock price and say "if I had bought in '86...". Also last week the Fed announced it's working on developing a peer to peer live payment system--you know one that will use real actual money so actual real people will be able to use it. That is going to diminish the real world use crypto claims to have. Canada already has a system like this and I don't know if European countries do as well.

Read this book, pup.

Basically monthly I buy the S&P 500 index. It's a trade off between how much return I want and how much effort I want to put in. I doubt I'll beat skyscrapers of people with PhD's who are experts in this, know accounting, read boring reports and do all sorts of research, and actually talk directly to the people running companies so I buy the index and won't ever be worse than the market as a whole--which the skyscrapers of people can't consistently beat. I own some other company's stocks separately, like a railroad, an industrial conglomerate, and Google and all three of those have done great. In that book I linked to, a section talks about how you can approximate the market performance with like owning any 25-30 random companies' stocks--because he's from a time before there were actual market indexes you can hold. Lately I've been starting to think that you can probably beat the market if you avoid the obvious loser or stagnant companies that are big enough to be part of the S&P 500. Like just buying and holding blue chips like McDonald's or Coke or IBM or Disney for multiple years will probably beat the S&P 500. You won't get rich enough to be able to retire at 35 that way, something like what Apple did, but you'll come out pretty solid in the long run. At the same time, so like I own say $10k of Google. If the company doubles, now I have $20k. Big whoop. Now I can retire. If the company 10x, I'll have $100k. That's even better but I still can't retire from that. The big companies can't grow so much--how would Google or Apple double in size from where they are now? Apple would have to completely invent a whole new industry again (and it'd have to be like actual AI or something nutty like teleportation). And if any one knew what that was going to be, they'd have done it already. We have RFID tags now and have had them for over 10 years yet stores still would rather pay cashiers than have customers simply walk through an RFID detector.

The next stuff to come is going to be connected with faster internet and reducing labor. Drones and getting rid of human drivers? E-doctor video visits?

u/Lt_Rooney · 2596 pointsr/explainlikeimfive

The history is simple. The minimum wage was originally passed with the intention of providing a full-time worker the capacity to support himself and a family. The federal minimum wage in the United States was set at $0.25 per hour in 1938. It was not tied to inflation and has to be increased by law. The term "Act of Congress" is often used to describe a massive and nearly impossible action. In this case it is both a literal and figurative truth.

There are a number of commenters here who seem to think that the minimum wage was ever intended to be other than you describe it. They are wrong. The minimum wage is just that, the minimum acceptable wage that a full-time worker can make and be able to subsist without assistance.
> No business which depends for existence on paying less than living wages to its workers has any right to continue in this country. —President Franklin Delano Roosevelt, 1933

The minimum wage was established to ensure that all workers in the US would be able to live independently on their wages. The existence of a minimum wage provides all other workers with useful bargaining leverage, increasing wages throughout. Historically this typically results in a redistribution of wealth from owners to workers (not a commensurate increase in prices as some here have claimed), which always results in an overall increase in economic growth as workers are also consumers.

In the US minimum wage has become stagnant, failing to reflect inflation. A large part of that is the misonceptions throughout this thread. Minimum wage is not "earned solely by teenagers and college students for beer money." Nor can any reasonable person suppose that anyone doesn't desere to "live comfortably on 40 hours a week."

These, fairly recent, attitudes have been encouraged by business owners who have little incentive to pay their workers a reasonable wage, so long as there is an army of unemployed and underemployed willing to do the same job. The minimum wage subverts that desire.
Simply put, an owner pays a little as he can for the labor. The rarer a laborer's skills are (not how skilled or useful he is, the owner never pays anyone he doesn't have to) the more he can charge because he is difficult to replace. Minimum wage establishes a floor, as do overtime requirements and other fair labor standards.

The minimum wage has nothing to do with whether or not someone "deserves" to be paid for their work. Your boss will never pay you more than he has to, that is the central premise of a free market. A minimum wage says that no matter how little he wants to pay you, he should still pay you enough to live on. It is also simple economic sense, it saves money that would go to public welfare to support people who are employed. It is a decision by society as a whole that no one who is willing and able to work should find themselves in poverty.

All that being said, the shareholder prefers that money goes to his bottom line, and not into wages. So he fights any increase tooth and nail. The misconceptions throughout this thread, and the insane anger focused on those one rung lower on the socio-economic ladder, are one tool to avoid it. Another is spreading misinformation, also found in this thread, to lawmakers; claiming that increasing minimum wage dampens, rather than strengthens, the local economy. And the last is simple apathy, since the minimum wage is not tied to inflation it becomes increasingly trivial as time goes by. After a while it becomes, as it has now, a poverty wage.

Oh my poor inbox. Ok, I'm going to try to address some of the biggest responses.

  1. I used the term "inflation" incorrectly, or at least not in the way traditionally used in economics. I also referenced minimum wage which began in the US in 1938, ignoring the 1933 law to which the FDR quote refers. I left it out because it was struck down by the Supreme Court, while the Court upheld the 1938 law. For the same reason I used the term "inflation" rather than "cost of living" or another, more accurate metric. This is ELI5, I didn't want to confuse the issue and stuck with a term I thought everyone was familiar with, rather than explaining the difference between the two, which would have done little to answer OP's question.

  2. A sizeable percentage of minimum wage workers are young adults or retirees who don't need the income. But a sizeable percentage aren't. Someone, attempting to claim I mischaracterized things, acually supported my argument. By his numbers 54% of minimum wage earners are in the young adult bracket. Which indicates that 46% are not. He handwaves this away, claiming not all of them need that income. I submit that not all of the young adults don't need that income. Just because you're 24 doesn't make you a white, middle-class, college student looking for beer money.

  3. I am not an economist. I am someone with an interest in history and political philosophy, of which economics is a child discipline. My writing is not academic, but neither is what I say innaccurate or misleading. My statements are political, in the sense that they relate to modern policy, and they are influenced by passion. I have never seen any argument against a minimum living wage that is not either intellectually dishonest, or ethically abhorrent. I will admit that I have seen many that were both.

  4. Some kind fellow has given me gold. Thank you generous stranger, for paying what you could have for free. In itself proving that there are counter-examples to my argument that in a free market people will pay as little for labor as they can get away with. This, however, is merely the exception which prove the rule. In the absence of strong worker protection laws or powerful unions most employers view their workers as expendable resources, not people, to be procured at as little cost as possible and disposed of at convenience. I lament that we've become comfortable with that view.

    EDIT 2:

    Okay, this has blown up way to far. It needs to stop. This isn't a particularly well written or researched essay on the minimum wage. It's not an academic article on the subject, or even an editorial. I only wrote this because I was royally pissed off that every other response in this thread was shitting all over low wage workers, claiming that everyone who was paid minimum wage was either a teenager or a lazy failure in life who deserved nothing. So I pulled some references from Wikipedia and hacked together a "for" response in the form of a short persuasive essay (in the sense that the essay is intended to persuay, not necessarily that it succeeded).

  • Look, if this is really interesting to you here's John Oliver giving much more eloquent, or at least entertaining, in explanation why a minimum living wage is a good thing.
  • For further viewing here he is on income inequality.
  • If you know absolutely nothing about economics and want to know if I'm full of shit, here's a great introductory book, which assumes you know absolutely nothing.
  • If you do know a little, or a lot, about economics try reading Adam Smith's famous text on the subject, An Inquiry into the Nature and Causes of the Wealth of Nations. Or try another great text, which may be more relevant to our current discussion, Karl Marx's opus, Capital. Best of all, since they're both public domain, you can read them online for free.
  • If those are both too outdated for you then by all means please consider the modern, popular work by Thomas Picketty, Capital in the Twenty-First Century.
  • As long as I'm suggesting a Christmas reading list, please consider my favorite book and the one I try desperately to emulate in my writing and personal philosophy, Thomas Paine's The Rights of Man.

    If you still think I'm full of shit, if you don't like my Christmas reading list, if you have another magical panacea, or hate poor people, or hate rich people, or want to observe that minimum wage is a band-aid for some bigger social issue; please start another thread. This is crazy. There's no way I can even see your response anymore.

    The TLDR, ELIL5 of the entire post is this: Minimum wage in most places in the US is higher than the federal minimum wage, but still not always enough to live on. Minimum wage was supposed to be a living wage, but increasing it requires an act of law even though the cost of living goes up every year. Since low wages mean low costs many business leaders and investors like a low minimum wage, so they fight efforts to raise it. As time goes on what was a living wage becomes too low to stay one. I think that's bad.

    And because everyone's gotten really riled up, here's a scene from my favourite Christmas movie.
u/gustoreddit51 · 1909 pointsr/Documentaries

In a nutshell, the classic steering mechanism for public opinion used to be Manufacturing Consent (Chomsky) or Engineering Consent (Bernays) which generates propaganda to achieve more of a public consensus whereas Adam Curtis' HyperNormalisation looks at the shift from that to neutralizing the pubilc into inaction by polarizing them with conflicting information or misinformation (patently false information) so that NO consensus can be reached. Both achieve the same goal of allowing the power elite to carry out the policies they wish while reducing the influence of an ostensibly democratic public which, in conjunction with more and more police state-like authoritarian measures making them more compliant, can no longer tell what is truth and what is misinformation. The public descends into arguing amongst themselves as opposed to those in power.

Edit. I would highjly recommend watching Adam Curtis' famous documentary The Century of the Self which looks at Edward Bernays (Sigmund Freud's nephew) and the origins of the consumer society, public relations and propaganda.

u/crash7800 · 1576 pointsr/Games

The problem is that click-bait is the only way to keep the lights on for most of these sites. They just don't make that much money.

Consider how this translates to employee pay and, in turn, the incentive for these employees to pursue virtuous journalistic careers and invest the time required to keep things on the straight and narrow.

As a result, we don't get journalism - we get op-ed and clickbait. We get toxicity.

This is part of a vicious cycle. Toxicity and clickbait are more profitable.

It is in human nature for us to have our interest piqued by negative headlines and bad news. Our brains work by recognizing patterns and relationships between facts and situations. We've evolved to be more interested in the facts that jut out and are potentially more threatening to our survival.

So, bad news and negativity gets clicks. Weird-ass headlines gets clicks. Misinformation drives clicks. Toxicity drives traffic. Clickbait drives traffic.

Go look at the headlines and "hot" articles on top gaming blogs. You'll see tons of negative articles or headlines that stir toxicity.

  • The more people get upset, feel that they're getting taken advantage of, or feel threatened, the more likely they are to click.

  • The more inflammatory the article, the more likely people are to comment.

  • The more likely they are to comment, the more likely they are to return to the article.

  • The more likely people are to return to an article, the more page views the blog gets.

  • The more page views the blog gets, the more they make.

    So, if you're the editor for a gaming blog site, what do you do? Even if you're not intending to run toxic content, you might unconsciously start becoming conditioned to run toxic content through the positive feedback you get through page stats.

    In systems like Forbes where anyone can submit and the most popular articles get featured, it's easy to see how the most divisive and potentially toxic content gets featured.

    Consider this. Here's a fictional made-up quote we can use for the sake of argument.

    > "In the new game, the brothers go to Africa. It's a fascinating place," said Jim Drawerson, artist on Super Plumber Brothers 2. "It was hard to capture all of the culture and ethnic diversity, but I think we did a good job."

    Which of these three headlines do you think will get the most clicks and comments?

    > 1. Super Plumber Brothers 2 artist interview

    > 2. Super Plumber Brothers 2 artist talk about setting game in Africa

    > 3. Super Plumber Brothers 2 artist slammed for racist comments

    For the third headline, all you have to do is find a few people on Twitter who were offended (someone is always offended about something), screenshot their comments, and paste them into your article.

    The third headline will drive clicks, even if it's not accurate. But who's going to hold the gaming bloggers accountable?

    Gaming blogs are largely not accountable to anyone except the stats that keep the doors open. I'm not going to name names or sites, but I can tell you that, having worked in the industry, there are a handful of very popular sites that do not fact check and do not run corrections. It should come as no surprise that these sites also make most of their revenue on click bait.

    So what can we do?

  • Do not click on clickbait. Look at the headline of an article and ask yourself - Is this going to help me understand or know more about gaming?

  • Do not comment on inflammatory articles. This only gives toxic clickbait more views.

  • Question sources. What are the facts that the author is asserting? Where did they get these facts? Did they talk to the developer/publisher?

  • Question credentials. Who wrote this article? What is their qualification? What kind of articles do they typically write? Have they contacted the publisher/developer to get the facts?

  • Question authority. Who is writing this? Do they have special knowledge? Do they have special access?

  • Tell authors and editors when you see clickbait and you don't like it. Do this through Twitter - not through the site. Do not contribute to toxic comments sections.

  • If you find a factual error in an article, tell the author. Do this for Twitter. They will probably censor you in the comments section.

  • Comment on articles that are well-written and contain facts and thank the author.

    It's a huge effort, but a lot of the toxicity in the gaming community comes from ignorance. And that ignorance is driven, willfully or not, by clickbait.

    At the end of the day, there's just not that much gaming news. So someone has to stir up drama to fill columns and drive clicks.

    EDIT -- This is a great book that covers some of this subject matter. Very quick read.

    To be clear, I am not affiliated with this book and am not using Amazon affiliate to make money on clicks/purchases of this book. I think it's a great resource for people who would like to know more about this topic.
u/adante111 · 1463 pointsr/news

That and the entire list of cognitive biases on Wikipedia.

edit: as this seems to be so popular, here is a good book about cognitive bias

u/lobster_johnson · 1391 pointsr/personalfinance

The Bogleheads' Guide to Investing by Taylor Larimore is a great introduction to investing. It might look silly, but it's not a silly book.

It's intended for "normal people" with no background in economics. It explains the basics of the stock market, funds, ETFs, bonds, etc., as well as the basics of investment — risk management, compound returns, value investing/fundamental analysis, etc. — in simple, understandable terms.

"Boglehead" is a humorous term for people who espouse the investing philosophy of John C. Bogle, founder of Vanguard — the largest and most consumer-friendly provider of mutual funds in the U.S. — and creator of the first commercially available index fund. Bogleheads usually recommend a simple "three-fund portfolio" as a diversification strategy, based on the idea that index funds by design will, over time, give non-professionals the best returns, as opposed to individual stock picking.

Bogle himself wrote a bunch of books. The Little Book of Common Sense Investing is supposed to be great.

u/eNonsense · 1111 pointsr/technology

I remember reading a story in "Trust Me, I'm Lying; Confessions of a Media Manipulator" where the agent of an author wasn't getting any good marketing coverage for his client's new book, so the agent starting pulling the "angry consumer" shtick, calling/writing into different media outlets (bloggers, radio, etc..), pretending to be pissed off about the book. No one had heard of it, but eventually some of them started writing about how insulting & disgusting it was, just based on the agent's complaint.

It worked. No publicity is bad publicity.

edit: Since people are seeing this, you should read this book. The guy (former American Apparel advertising exec) did this tell-all book because he saw the media's standards dropping and his industry's tricks starting to be used in things like politics. It will destroy your confidence in ever believing anything you read on the internet, reddit definitely included. Good for honing your bullshit detector.

edit 2: I am not affiliated in any way with this book. You are not being manipulated 😜

u/im14 · 1073 pointsr/AskWomen

Not saving any of my disposable income - if I invested even 10% of what I earned in my 20's I'd own a house now that I'm in my 30's, but instead I'm just now trying to catch up with that train.

EDIT: For those interested in learning to invest, I'll share some resources below. As for how I invest - I have 60% in high-interest 5-year CD account (about 3.1% APY) and the rest in mutual funds (VMVFX and VTMFX to be exact). I am putting 10% of my pre-tax income into my employer's 401(k) (they match some of contributions) and am contributing maximum amount possible to my IRA. Finally I keep about 5% of the cash in a savings account which provides a relatively low interest rate of 2% (but I can access that money at any time).

What I'm excited about: moving my investments to ESG (responsible environmental, social, and governance) funds. These funds carefully screen companies for negative impacts in that area - for example, tobacco and alcohol companies would be excluded, as would oil companies, and fashion retailers that use unsustainable labor practices. One such ESG fund is run by Vanguard - VEIGX.

Tips for saving: learn about concept of paying yourself first - that means automatic deductions into a savings account that you can't easily touch that happen after each of your paycheck. This has been the key to saving - automating it so that it's not something I have to think about - like a mortgage or bill payment - makes sure I don't spend the money meant to be saved. Do some budgeting to figure out where your money goes - there's lots of tools online, like Mint, that allow you to easily break down spending by categories and even set a budget. Estimate your living expenses (rent, food, bills, transportation) and prioritize saving for a 6 months worth of living in case of a job loss or accident. Learn about lifestyle creep and always live below your means - buy used not new, avoid cheaply made low quality products, think twice whether you really need the thing you're buying, can you get it used, can you borrow it? How much is the thing you're buying a liability in terms of maintenance, insurance, etc? Prioritize spending on yourself (experiences, learning, self-development) rather than on things.

Relevant reading:

u/UNDERSCORE_WHAT · 843 pointsr/Documentaries

I got about 25 minutes into the video; I'm not wasting more time. If you want to know serious data about the dangers of central planning of the monetary system, there are vastly better sources that talk in real, economics, and not lofty, sensationalist terms.

The International Role of the Dollar: Theory and Prospect by Paul krugman

Basic Economics by Thomas Sowell

The Creature from Jekyll Island by Griffin

Milton Friedman's Free to Choose videos


My main objections in the first 25 minutes of this "documentary" are:

1) They're not correctly defining or using the terms currency or money and not identifying their economic role. Money is not the center of an economy, it is the lubrication that permits economics to happen. Economics is the analysis of how scarce resources that have alternative uses are allocated by people (by markets).

Money doesn't create those allocations, money enables those allocations.

Even in an economic system without money, there would still be allocations of scarce resources that have alternative uses by people; whether that is choosing to use your time to cut down a tree for your neighbor in exchange for beef or choosing to use your time to mow a lawn for your mother in exchange for a smile and a thank you; your time is a scarce resource and you're choosing how to allocate it with zero money being involved.

Money is any medium of exchange and is created as a store of one's labor.

You receive a dollar in exchange for X minutes of your labor. That piece of paper stores those X minutes of your labor and you can use it in exchange for something you value.

So anyway - this video does a shitty job identifying what money is at the outset... I don't think it'll get better.

2) The banking system, monetary policy, and politicians making a killing off of those systems has not been hidden from anyone. As they admit, almost in a very quick juxtaposition with their incorrect statement, the bankers, academics, and politicians are very open about their systems.

The problem is that people are just happy with their lives and are safer than they've ever been throughout history.

3) A complete misunderstanding of what "interest" is and what fractional reserve banking is.

Interest is the cost of lending money... it is the price tag on a product just like on the coat or iPod you buy. The baker isn't going to give you all his bread for free; why should a bank give you money for free?

Fractional reserve banking can be done responsibly. Much like the interest rate, it should be done at the rate set by free markets. A fractional reserve rate of 90% almost completely guarantees that when you withdraw, you will always be able to withdraw all of your money. In exchange, banks will give you vastly lower of an interest rate than at a 10% fractional reserve rate because it is higher risk and lower reward for the bank.

Anyway - like so many other documentaries out there about extremely complex matters, this one is just trying to sell a product like every other good capitalist out there. They need to catch your attention and get you to talk about it to others to make money - so of course they're going to play to the 8th grade education market.

u/exactly_one_g · 722 pointsr/AskReddit

How to Lie With Statistics by Darrell Huff

It's a pretty quick read about how true information can be used in misleading ways.

Edit: Two other redditors have pointed out that you can find it for free here.

u/technofox01 · 533 pointsr/personalfinance

I used to sell annuities as a broker, yes this is the main reason. You are better off investing in a Roth IRA or some other retirement account first, then - if possible when you retire - obtain a variable annuity with a principle/income protection (just in case the market crashes, but you get more dough when it goes up, than fixed).

Long story short, read Bogleheads Guide to Investing or Bogleheads Guide to Retirement; sources:

The Bogleheads' Guide to Investing

The Bogleheads' Guide to Retirement Planning

These two books are more than enough to give anyone the knowledge in terms of investing and retirement planning. Or just hit me up with questions, please note that I haven’t been licensed in almost a decade, because I had chosen not to renew my series 6 and 63. Anyway, I hope my post helps.

Edit: damn autocorrect.

u/MattieShoes · 511 pointsr/youtubehaiku

There's a book called Predictably Irrational that talks about studies in human behavior that's related to this. The idea is that we have a certain set of mores for social behavior and a separate set of mores for business behavior, so you get irrational behavior when you cross from one to the other.

For instance, they sold starburst candies as an experiment. As expected, sales went up as price went down, until they became free. Then people took only took a one or two, because it was now a social transaction, not a business transaction. But if they were a penny a piece, people felt free to drop a dollar and take 100 of em.

u/Keinichn · 354 pointsr/sysadmin

>I can't go to the bathroom without missing atleast 1 phone call from someone about something breaking.

Don't worry about that. Hell, I straight up ignore my phone sometimes even when I'm right beside it. Priorities and such.

>if I need to start looking elsewhere for more pay to offset the stress

Not a bad idea. Always be cognizant of what's out there.

As others have said, bring it up professionally with your boss. His response will help sway the "should I look elsewhere" decision.

Another good suggestion is to work on time management skills. Here's a highly recommended book around here.

And you have vacation days for a reason. Use them. If you try to but they never approve it, then that's a big red flag.

u/mrbooze · 274 pointsr/AskReddit

The Black Swan

Seriously, this is a ridiculously important book. Most people are terrible at the concept of evaluating probability/risk of rare events. Even people who think they are being good at it.

u/samort7 · 257 pointsr/learnprogramming

Here's my list of the classics:

General Computing

u/miroe · 161 pointsr/AskReddit

"Going with your instincts" and "thinking things through" are obviously different things. But why are we so inclined to prefer former over latter? What are the strengths and limitations of both systems? What are the easy mistakes, convenient half-truths and sneaky traps we fall for every day while staying completely oblivious to flaws in our thinking processes? Well, here it is: [Thinking, Fast and Slow by Daniel Kahneman] (

u/age_of_bronze · 138 pointsr/UKPersonalFinance

Here is the mother of all lottery advice comments. I think /u/Rabid_Tanuki may have been inspired by it. It’s entertaining and worth a read.

However, I would point out that £1m is not actually all that much money. It’s a good amount, and it can guarantee you financial security for life if you play your cards right. But in many ways you aren’t in nearly as precarious a situation as the people who win £30m. Even if you did tell people (DON’T!), this still is only enough to buy MAYBE one house in a high cost of living (HCOL) area like London. Your new friends wouldn’t expect Jaguars, just free trips, parties and help with medical expenses.

Still, you need to be careful: it’s surprisingly easy to fritter away a million euros/dollars/pounds/crowns. If you know you have trouble keeping money, then it’s a good idea to get financial advice on setting up some kind of trust. Taxes are another thing to think about. Realize, though, that there are many people who have this much in a standard brokerage account just due to having earned and invested over time. Since this isn’t a stupid amount of lottery money, you could do much worse than just sticking it in some index funds, turning on dividend reinvesting, and forgetting about it. (Which funds? Getting started investing can be scary, but it doesn’t have to be complicated. By far the most important thing is to start. Read this book.)

The reason £1m is able to guarantee you financial security is because of something called the 4% rule. TL;DR: once this is invested, you can safely take £40,000 a year out of it, if need be. As you’re looking for a career in journalism, having a base income of £40k which you can rely on is going to come in REAL handy.

Congratulations: you’ve been shown to the front of the “FI/RE” queue. (There’s a UK version too.) Now don’t fuck it up!

u/liniouek · 108 pointsr/smallbusiness

The E-myth revisited, by Michael Gerber. I'm sure this will be recommended many times, and for good reason.

u/shaun-m · 106 pointsr/Entrepreneur

Not sure if it's a cultural thing between the US and the UK or just society evolving now we have social media and stuff but I recently reread How to win friends and influence people and though it was massively overrated. Same goes for The 7 habbits of highly effective people.

Anyway, heres my list of books and why:-


Excellent book in my opinion. Based on variations of the 10,000-hour rule with plenty of examples. Also touches on how the unknown habits and circumstance of someone can lead to outstanding abilities.

Zero To One

The first book that I couldn't put down until I completed it. Picked a fair few things up from it as well as a bunch of things I hope to move forward within the future with startups.

The 33 Strategies of War

Not a business book but definitely my style if you take the examples and strategies and turn them into business. This is the second book I have not been able to put down once picking it up.

The E-Myth Revisited

Although I had a decent understanding of how to allocate duties to people depending on their job role this helped me better understand it as well as the importance of doing it.


Another book I loved, just introduced me to a bunch of new concepts with a fair few I hope to use in the future.

Black Box Thinking

Coming from and engineering background I was already used to being ok with my failures provided I was learning from them but this book is based around how different industries treat failure and how it is important to accept it and grow from it.

Millionaire Fastlane

I feel this is an excellent book for reality checks and getting people into a better mindset of what to expect and the amount of work required. It also explains a few common misconceptions of the get rich slow style methods where you may end up rich but you will be 60 years old or more.

I update this post with all of the books I have read with a rating but here are my top picks.

u/darien_gap · 105 pointsr/politics

In short, if we don't reverse the trend of increasing inequality, there's nothing to rule out becoming a society structurally similar to 19th century Europe, except the peasants will work in cubes and restaurants instead of fields. The top centile will own almost all means of wealth creation and the vast majority of income. As well as having virtually total power over government. No more upward mobility, meritocracy, or representative democracy. A new aristocracy cemented in place by economic feedback loops and inheritance, so stable that it will only collapse from some big shock like world war or popular uprising.

Caveat: I'm only half way through the book... Smart people of reddit who've reddit, did I get the ending right?

u/Hi_Bubba · 102 pointsr/cscareerquestions

Everyone sucks at something at one point, but with practice you'll definitely be able to get better! I highly recommend writing over typing out the solution when you practice. Also, 90% should be dedicated to planning out path to the solution and 10% for writing/typing the solution out. Sooner or later, things should start clicking and making sense. Here's a list of resources that helped me get all the way to the Google on-site interview (Didn't get an offer but it was an amazing learning experience)

Data Structure And Algorithm 1:


Khan Academy:


Cracking the Coding Interview:

Algorithm Design Manual:

Make sure to practice everyday and have a strong understanding of the concepts. Network, contribute to open source projects, and keep on learning!

u/Jackpot777 · 95 pointsr/videos

Wolf, J.R., Arkes, H.R., & Muhanna, W.A. (2008). The power of touch: An examination of the effect of physical contact on the valuation of objects. Judgment and Decision Making 3(6): 476-482.

Even just coming into contact with something (test-driving that car, trying on that shirt, giving that bat a few test swings) gives you a larger affinity with the object. You know you can handle it, it's the right fit for you. It's been shown before that the longer you own something now or the longer you owned it in the past causes you to increase your perceived value of that object (the "length of ownership effect", see link above for examples in the introduction), now we know that just interacting with something makes a sale more likely.

Sunk Costs comes into play too... the more you invest in something the harder it becomes to abandon it. The work Daniel Kahneman and Amos Tversky did in this field showed a genetic advantage for anything that placed more urgency on avoiding threats than they did on maximizing opportunities you see abandoning the pre-purchased movie ticket when the film is still playing as more of a loss than what fun you could be having by just saying "to hell with the $8, this sucks" and walking away (with the possibility that something better could happen). Behavioral economist Dan Ariely hit the nail on the head on this subject in his book, Predictably Irrational. He writes that when factoring the costs of any exchange, you tend to focus more on what you may lose in the bargain than on what you stand to gain.

u/peaksy · 91 pointsr/AskReddit

Some of the things I was told:

  • "You have a great Idea, but there is just no way to be profitable at it."
  • "Its never going to work, give up and just get a real job" -dad
  • "You are too inexperienced to be successful in this field"

    What I learned - "There is a reason advice is free: because, it is usually crap" - Micheal Cain

    Take yourself seriously. If you are doing things by the hour, charge no less than 50-100.00/hr. If you work for less, the customer is going to think your a joke, because they know what the market rate of professional services cost. You only have to work one hour at 100.00/hr to make the same dollar you would make in 4 hours and 25.00/hr.

    Read this book: - The Lean Startup - Eric Ries

    It is exactly about what you are doing and will give you some unique business ideas and help you not to be afraid of totally screwing up and starting over.

    Lessons Learned the Hard way:

  • Taxes: I went to school and got a BBA, when I started my business the tax issue was huge and I tried to do it on my own for 2 years, only to get audited on the third year, ended up owing 25,000.00 extra dollars. I kept perfect books, but honestly had no idea what tax law for my particular market was. Lesson: Rely on a CPA or other professional consultant that specializes in Tax for your payroll, corporate and sales tax for the first few years. Once you get it down and can understand it, you can hire and train someone in-house to do most of the work.

    -Partners: Be careful with partners. It was once said, "you can tell the quality of a man by the company he keeps" Going into business with someone who has had multiple marriages is dangerous proceed with caution, Going into business with someone who has had affairs - no fly. A lot about a persons professional performance can be foretold from the quality of their personal life. Men and women of integrity are the foundation of a new company, if the foundation is sand, the storm will wash it a way. Lesson: Choose good partners. If you share any of the ownership or leadership, make sure they are trustworthy. Not that just you trust them, but they are generally a trustworthy person.

    For the most part, just get out there, fail, fail, fail, and learn. Keep track of your many failures so when you achieve success you will not get bloated and forget where you came from.
u/davidmhorton · 84 pointsr/IWantToLearn

Buy and read these books (first):

Bogle on Mutual Funds

Bogleheads Guide to Investing

The Four Pillars of Investing

After reading those, download Robinhood and put $100 in (no more) and play around for like 6 months before even thinking about trying to play with larger amounts.

-- OR - skip Robinhood and download "Betterment" and just slowly put money in there and build some wealth.

Happy Learning.

u/RedditAdminsAreFaygs · 80 pointsr/The_Donald

Seems like the appropriate place to plug this book: Basic Economics by Thomas Sowell

u/J42S · 79 pointsr/IWantToLearn

Check out harry potter and the methods of rationality.

u/blackinthmiddle · 73 pointsr/politics

> This whole article is nonsense.

An opinion is only as good as the evidence that backs it up. You say it's ludicrous, but the facts say otherwise.

And just to let you know, if you've ever read Freakonomics, it goes through a very thorough explanation of why Guiliani's tough on crime policies that dropped the rate of crime in the city probably didn't do anything, as crime dropped throughout the entire country. Of course, the question becomes why did crime drop? Surprisingly, they give a majority of credit to Roe v. Wade. And again, the book backs up that assertion with raw data, not just emotional statements like you saying, "BAH, THIS IS NONSENSE!!! ARRRRGGGHHH!!!" you have some actual proof to back up your assertion?

u/hitsujiTMO · 65 pointsr/askscience

There isn't really such thing as fast thinkers, just people that rely more frequently on the fast thinking process that the slow thinking process. The fast thinking process happens by training information into your mind. the more often you are exposed to something, the more likely you will retain it in a fast thinking process.

This is how we learn things some basic things (alphabet, numbers). For an example, as children we repeatedly get exposed to the times tables in school. We are asked to read and recite the 1 times table,s then 2 times tables, frequently up to the 15 times table. This constant and frequent exposure is to train it to be written to the fast thinking process.

The fast thinking process is also highly unreliable and easily fooled. Take this for example (System 1 refers to fast thinking process, System 2 refers to slow thinking process):

A bat and ball costs £1.10 in total.
The bat costs one pound more than the ball.
How much does the ball cost?

System 1 provides the almost instant answer of 10p, which is, of course, wrong. The correct solution (5p) requires the conscious slow thinking of the cerebral cortex referred to as System 2.

Edit: The reason why this fails is because we look at the problem and attempt to apply a best fit known fast process that we have in our mind (X - Y model). However, the correct model is (X - Y)/2. the X - Y model is something we are exposed to extremely frequently and so retains in System 1 very well. But the (X-Y)/2 model, for most people, is rarely needed, and since we aren't exposed to it at any stage in our lives on a regular basis, it doesn't get stored in System 1. The problem with "fast thinkers" is that if they overly rely on System 1, then there's a danger of applying the wrong model to a given situation giving the wrong answer.

If you are interested in reading up on the 2 systems, I highly recommend the book "Thinking Fast and Slow by Daniel Kahneman". The author is a Nobel Memorial Prize winning psychologist who has studied extensibly in this area.

u/RishFush · 61 pointsr/IWantToLearn

Rich Dad Poor Dad catches a lot of flak, but it's actually really good at teaching the absolute basics in an easy-to-follow manner. Like, learn what a Cash Flow Statement is, increase your asset column, learn basic accounting language, separate emotions and money, minimize taxes. Just glean the overall principles he's teaching and don't blindly follow his specific strategies.

The Richest Man in Babylon is another great, easy to read, investing 101 book.

And The Millionaire Next Door is a research-based book on Millionaires in America and what kind of habits and mindsets got them to their current wealth. It's a wonderfully refreshing read after being brainwashed by tv and movies saying that millionaires won it or stole it and live lavish lives. Most actual millionaires are pretty frugal and hard working with modest lives.

And here are some resources to help you learn all the new words and concepts:

u/staplesgowhere · 60 pointsr/geek

For more on this, check out Predictably Irrational.

Dan Ariely's TED talk is pretty good too.

u/CaptainStack · 60 pointsr/cscareerquestions

So there's not a lot for us to go on here, but one thing I'll say is that good software development jobs are not easy, even for those completely qualified for them. If he's in the middle-high range salary-wise, then the challenge and expectations are probably all there. Software engineers are not cheap, so while they're treated very well to attract and retain talent, they're also seen as a big investment that had better pay off.

I was laid off from my first full time job and while my coworkers spoke very highly of my skills and the care I took with my work and went out of their way to emphasize how bright my future was in the industry both in person and in my peer reviews, my managers made things very clear: For the level of work they needed me to do, I simply was either not skilled enough or experienced enough to make the cut. It wasn't personal, or a statement about how smart I was, it was a cold and completely practical business decision.

What did I take away from that? Well after I stopped feeling bad for myself I realized that there wasn't anything wrong with me, that I was perfectly capable of cutting it in this industry, that many engineers less smart than me got along just fine, and that I simply needed to up my game and get a new job. It wasn't about getting smarter, it was about getting my shit together and working out of Cracking the Coding Interview daily, learning the hot frameworks that everyone needs engineers for, building a real portfolio and GitHub profile, and being ready to work that hard even after I got a new job. And I got a new job where I was paid over twice as much and so far I love it.

u/parlezmoose · 59 pointsr/cscareerquestions

Nah, don't be silly. There's the real world knowledge that you use on the job and then there's the stuff they ask in interviews, which mostly consists of things you learned in college and forgot. Most programmers, regardless of experience, aren't going to do well on an Amazon technical interview unless they study before hand.

u/zorts · 57 pointsr/investing

Your question assumes that you are buying low, and selling high very frequently. Day traders attempt to do this. Algorithms attempt to do this with thousands of trades per day (if not per minute). These strategies require vast amounts of data in order to operate. An individual investor has no hope of buying low and selling high in a fraction of a second to make a profit. Mostly because they cannot afford to spend the time gathering the information.

So how do regular people make a profit on the stock market? The less time you have to spend gathering data, the longer you have to wait to take a profit. Fortunately waiting also means that trading expenses are few and far between. However to make any money on the stock market you MUST spend some time learning. (OR you have to pay someone like me to do that for you, I'm a Registered Representative).

The recommended reading section (to the left of the screen) is a great place to start. Begin at the bottom with Bogleheads Guide, and work you way up to Intelligent Investor. II is a great book, but it's written for people who have taken at least a Financial Accounting class or two. So if you haven't or are unwilling to take a course start with Bogleheads, which is written for just about anyone.

If you don't want to take the time to read all those books (please run screaming from the market now, if you are unable or unwilling to learn about it), I'll sum them up for you in the way that I do with my own clients.

You need two things. A Plan and a Skill. The plan I like to use comes from Jack Bogle via the Bogleheads Guide and The skill is recommended by Dan Sheridan (a commodities trader from the Chicago Exchange). Why a plan and a skill? Well because simply putting your money into VTSMX and letting it sit is doomed to failure. "Fire and Forget" is doomed to fail. There are psychological reasons. Humans are very susceptible to a herd mentality. Which leads to 'buy high, sell low'. There are emotional reason. When the market is tanking it HURTS emotionally. And there are negligence issues. People who dump money into an account are prone to forget about it. VTSMX is a fantastic fund, if you keep your eye on it. It's the worst fund in the world if you're not paying attention.

So what is the Plan? Right out of Jack Bogles playbook, the plan is:
"Take your age in bonds." I know, it sounds ludicrous to suggest to a 25 year old that they should have 25% of their funds in, say, VBMFX and 75% in VTSMX. That's way to conservative, right? They should be in 100% risk, right? Well no.

If you all you have is one position in stocks, you don't get to practice the skill! The Skill is critical and you need a second non-correlated fund. If your investment consists of a single fund, you have nothing to exchange with. There's nothing to practice. You need at least two funds to practice The Skill.

What is The Skill.
The first investing skill that you should learn is called 'rebalancing'. You do it at least once a year (more frequently if you can afford the additional costs, or are doing it in a retirement account). Every year on your birthday, you need to get 1% more conservative (see The Plan). So on that day you evaluate where you stocks and bonds are.

You started by investing 75/25, but over a year they will be completely different. The stock market should outpace the bond market. In a good year you could end up 90/10. In a bad stock market year you could end up 50/50. Regardless on the day you rebalance you sell off enough shares of the fund that is higher then it should be, and buy shares in the fund that is lower then it should be. After this transaction your risk is re-balanced from where ever the market took it, back to what it should be for you.

On your 26th birthday you should be 74/26. By re-balancing you have captured some gains (sold high), and have purchased some under-performers (bought low). Why is this better then say 'letting it ride' on the market? By doing this you prevent yourself from being fully susceptible to the market. 100% stock market position is a gamble. You are also making yourself more conservative over time. You are avoiding the high fee's of Target Return Date Funds. You are forcing yourself to monitor your investments, although not too frequently.

So have a plan. And practice a skill. A good plan that you could start with, but you don't have to, is:

Keep Costs Low (buy index or ETF)

Take your age in bonds

Re-balance at least yearly

Strongly consider doing this in a Tax Deferred retirement account (to keep costs low when you buy/sell/exchange shares)

This is how I make money on the stock market and the bond market, and the commodities market. This is not the only way to make money with investments.

u/KarnickelEater · 57 pointsr/starcraft

Here is a scientific explanation of the Artosis curse: Regression toward the mean.

Basically, Artosis makes his predictions based on observations of high above (their own usual) average achievements of players. The problem is that there is actually quite a bit of randomness involved. At the high level SC II is being played at no single player is skilled enough to dominate everyone else (consistently, but likely not even at any one point in time if everyone would play against everybody else instead of just a random(ha!) selection). Randomness means, that when you observe someone being above average the chance that next time you observe them they will be WORSE, closer to the mean (back to normal!), is much higher compared to observing them doing something outstanding again.

I would like to point out that this is ONE of the forces at work. It does explain the Artosis curse. It does not (need to!) explain everything that goes on in the world or even just in the world of SC II. And it doesn't claim that this happens every single time, only on average.

Here is what Kahneman used as an example:

> The psychologist Daniel Kahneman, winner of the 2002 Nobel prize in economics, pointed out that regression to the mean might explain why rebukes can seem to improve performance, while praise seems to backfire.[8]

> “I had the most satisfying Eureka experience of my career while attempting to teach flight instructors that praise is more effective than punishment for promoting skill-learning. When I had finished my enthusiastic speech, one of the most seasoned instructors in the audience raised his hand and made his own short speech, which began by conceding that positive reinforcement might be good for the birds, but went on to deny that it was optimal for flight cadets. He said, “On many occasions I have praised flight cadets for clean execution of some aerobatic maneuver, and in general when they try it again, they do worse. On the other hand, I have often screamed at cadets for bad execution, and in general they do better the next time. So please don’t tell us that reinforcement works and punishment does not, because the opposite is the case.” This was a joyous moment, in which I understood an important truth about the world: because we tend to reward others when they do well and punish them when they do badly, and because there is regression to the mean, it is part of the human condition that we are statistically punished for rewarding others and rewarded for punishing them. I immediately arranged a demonstration in which each participant tossed two coins at a target behind his back, without any feedback. We measured the distances from the target and could see that those who had done best the first time had mostly deteriorated on their second try, and vice versa. But I knew that this demonstration would not undo the effects of lifelong exposure to a perverse contingency.

If you only read one book this year, let it be Kahneman's Thinking, Fast and Slow.

u/Metlover · 53 pointsr/OutOfTheLoop

Public attitudes are shaped and driven by the media. If the public doesn't care, it's because we've spent years conditioning them not to care. If the public in general can't name many middle eastern cultures beyond "Muslim", that is very much the fault of the media.

If prominent newspapers started giving front page headlines to the plight of the Kurds, you'd certainly see a considerable public reaction, but right now the cycle is dominated by the anti-communist Hong-Kong protest coverage because it serves an agenda for the United States. Kurds being killed because the American government made the decision to abandon them? That's a bad look on America and the media won't give it nearly as much attention. See Manufacturing Consent on this dynamic.

u/hotstandbycoffee · 52 pointsr/networking

This book changed the way I handle my days when I was a solo engineer doing everything under the sun. Now that I'm part of a larger network engineering team, I only use a handful of the tools recommended in the book as I don't find my time to be as scarce, and I get pretty good priority communication from management.

When I was a solo engineer:

Start of day: Block off the first 30min of your day to deal with any immediate, business-critical fires that I was either called on, texted about, or emailed about. If nothing is critical and needing attention, I would evaluate my task whiteboard (broken up into Primary/Secondary/Tertiary columns). Items are assigned to Primary priority either by myself or my manager. Secondary and Tertiary priorities are up to me. If someone waiting on a task that I deemed was Secondary or Tertiary priority is upset about that, they can speak with my manager and we'll determine what is most critical to the business.

End of day: Evaluate task whiteboard and determine what, if anything, needs to be added (and to what column) so it can be re-addressed tomorrow morning. As you cross off and wipe things from the board, make sure to document your accomplishments so it's easier on you/your boss during review time.

Start of Week: Maybe block off 30min with your manager/team lead/etc. to discuss current/upcoming projects. Document any completed tasks from your taskboard and wipe some off to make space (don't leave too much space or people might think you have nothing going on!)

End of Week: Update notes on what progress (if you managed to find any time) you've made on the projects you discussed in your stand-up meeting with your manager/lead/etc. at the beginning of the week. This is so you already have your notes ready next week and can do your Start of Day 30min fire addressing/taskboard eval on Monday without scrambling.

Start of Month: Man, I don't think I ever planned anything a month ahead.

u/Autorotator · 52 pointsr/Egypt

Thank you, I appreciate your kind complement.

I would argue that the US is pushing to avoid a conflict with Iran. At least right now. IMO there won't be a war with Iran until oil price is dropped again, if ever. Iran has repeatedly violated a slew of sanctions and we know for a fact that they have been sending war materials and fighters into Afghanistan, into Iraq when it was hot, into Syria, and into Egypt most recently. The US plays it's part, saying that Iran is violating sanctions, etc. etc. and other members of the security council play their part and say hold off wait and see. But nothing happens. Nothing has happened for over 10 years of known nuclear violations. There are shadow operations like the virus, and other little artful moves meant to slow the program but no all out war. This way the UN looks deadlocked.

I don't think this is necessarily a conspiracy, but a mutually understood set of roles nations are playing with Iran. Nobody really wants a war with Iran, but Iran is a bit of a loose cannon. The Saudis and other region nations are on board with further sanctions of Iran. Why?

Saudi Arabia is the lynch pin for all global energy politics. They produce insane amounts of oil, and have been doing so for decades. The House of Saud (royal family) controls everything in the country from oil production and profit to the military. The people are subjects, and have little real power outside of the violent, dangerous, destabilizing kind. The population of the country is a largesse state. The royal family gives everything to the people, more or less. For decades the House of Saud has been spending money hand over fist on luxuries and industrial development, but little on the actual population. About 10 years ago they switched to absolutely POURING money into building things for the people. They recognized that they had a population of wealthy, healthy people, many starting families, and nobody had a place to live, roads to get there, or any of that. It was a road to destabilization and civil unrest, and the royal family almost realized too late what was happening. They did figure it out though, so they maximized the profit margin on oil exports. You can't just pump more oil, it has detrimental effects on the oil field and long-term total production, so they are maximize the profit on what they produce and are now spending money hand over fist to upgrade the country for the people.

Happy people means the royals retain power, but the oil keeps flowing. The oil keeps flowing, WW III is averted. WW III is arguably hinged on the happiness of the people of Saudi Arabia, if you pick energy as the key to prosperity and peace globally, which I do.

So what does Iran have to do with it? Iran has been under sanction, barred from oil exports for many years now. The thing is, once you tap an oil field, you can't shut off production. The way these particular oil fields work, if you shut off the tap it might not start back up again, and if they do they will start up ad a fraction of the rate. So ever since the embargo started, Iran has been pumping. They have been pumping and storing oil. They have enough oil that they could pour it all into the market, flooding it and inflating supply to the point that oil prices drop to the level where Saudi Arabia can no longer spend the money needed to keep the people satiated. They have so much oil stored in old tankers that they have actually created a shortfall on used oil and natural gas tankers globally. Iran has them all tied up for resource storage.

So Iran had (maybe still has?) a gun to Saudi Arabia's (and de facto the world's) head. It's the only reason they haven't been at least bombed. That and Iran seems to be playing a blustering and bluffing game. They are working hard on centrifuges and the like but it takes so much more to build a bomb than materials. What's going on in the country internally is hard to say, that's why they are the wild card. My gut feeling is that the powers in Iran know that the Iranian people don't want war. They can't look weak to the radical factions though, so they play their game. Honestly, that's just a guess.

So, the Iran situation seems to be a farce, or at least an act that can be put off for later until Saudi Arabia is stabilized for long-term production and the oil price can be brought down.

Thank you for asking though, I didn't really tie the Saudi Arabia situation in that I mentioned earlier. Iran features heavily in that script. JMO, it explains Iraq too. Saddam Hussein was a wild card that had done dumb things out of desperation before, and I think everyone truly was surprised when they didn't find massive stockpiles of radioactive material or chemical weapons. Especially given that the US sold so many chemical weapons to Iraq. With him gone Iraq is largely stable again, at least as far as oil goes. The law of unforseen and unintended consequences reigns supreme. Given how massive and complex the machine is, I don't know that peace can be maintained indefinitely. Black Swan, Nassim Nicholas Taleb

The spice must flow!

As to Israel, they don't want war either. They just want Iran off their necks, and their neighbors to be calm. They are the family nobody likes in the neighborhood, even though all those other families have their own feuds between them, and within them.

EDIT: There's always the wildcard of fracking too. This not only alleviates some of the pressure to maintain peace in the Middle East (Egypt will always be a feature though because of the canal, European-Asian trade hinges on it) but it also eliminates a lot of the competition between China and the US. I think that China, the US, and Russia would all like to see Russian production increase too. If only we can master fusion before we kill each other, that would be the day. Then we can fight (or walk the line trying not to fight) about something else.

EDIT2: Outdated info stricken.

u/coldnever · 51 pointsr/politics

>What the fuck happened to America?

Reasoning and the human brain doesn't work the way we thought it did:

Manufacturing consent

Most have no clue what's really going on in the world... the elites are afraid of political awakening.

This (mass surveillance) by the NSA and abuse by law enforcement is just more part and parcel of state suppression of dissent against corporate interests. They're worried that the more people are going to wake up and corporate centers like the US and canada may be among those who also awaken. See this vid with Zbigniew Brzezinski, former United States National Security Advisor.

Brezinski at a press conference

The real news:

Look at the following graphs:

IMGUR link -

And then...

WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would Stay Cheap

Free markets?

"We now live in two Americas. One—now the minority—functions in a print-based, literate world that can cope with complexity and can separate illusion from truth. The other—the majority—is retreating from a reality-based world into one of false certainty and magic. To this majority—which crosses social class lines, though the poor are overwhelmingly affected—presidential debate and political rhetoric is pitched at a sixth-grade reading level. In this “other America,” serious film and theater, as well as newspapers and books, are being pushed to the margins of society.

In the tradition of Christopher Lasch’s The Culture of Narcissism and Neil Postman’s Amusing Ourselves to Death, Pulitzer Prize-winner Chris Hedges navigates this culture—attending WWF contests, the Adult Video News Awards in Las Vegas, and Ivy League graduation ceremonies—to expose an age of terrifying decline and heightened self-delusion."

Important history:

u/BoosMyller · 51 pointsr/Twitch

As much as I wanna say this guy is a douchebag/idiot and karma will come back around... that’s not how the internet works. We’re all giving him free press right now.

u/mrzulu · 51 pointsr/personalfinance

First things first: ground yourself. You make great money, and, besides some irrational fears about things collapsing left and right, seem to have your shit together. Stop being afraid of what could happen with the economy or the stock market in the short term, and prepare your personal finances for the long haul. After all, that's your stated goal: "make sure my little one is reasonably comfortable when he turns 21 and my wife and I aren't too broke when we retire."

> investment related seem to be very different now in 2016

No, not really. The fundamentals of modern money management and investing are more or less the same today as they were in the 1930s -- spend less than you earn, save money for emergencies, and buy and hold investments for retirement. This is really, really easy to do. Buy a copy of The Boglehead's Guide to Investing. Read it cover to cover, take the best bits and leave the rest. It'll give you a solid rubric onto which you can act.

> at least 40% of my income is going to the various taxes in Japan without any apparent benefit to me or my family

"Apparent" here is the operative word. Emegency and public services are funded, the streets get cleaned, the roads get paved, the sidewalks are kept is usable shape, and a good chunk of your medical coverage is paid for by the taxes you pay in Japan. Without the civilization built around you you'd have a bigger problem than paying taxes. Taxes aren't always merely pissing away money with absolutely no return.

TLDR; stop being chicken little, read a book, educate yourself, and you'll sleep better with a fool-proof plan for your financial future.

u/MissCalculation · 49 pointsr/politics

because the heads of media feel dependent on the good will of politicians "to ensure access" and other such shit. supposing this was pitched to some news network, they would reject it by saying, "no other politician would ever speak to us again."

journalists - especially the powerful ones - also have a tendency to view politicians as immune from wrongdoing. as just one recent example, joe klein defending the extremely illegal warrantless wiretapping program: . you can also check out the reactions of famous journalists to the pardoning of watergate criminals, the refusal to investigate torture in the bush 2 administration, the politically motivated firing of government attorneys, etc...

for a whole lot more on this, i'd recommend reading the intro of noam chomsky's "manufacturing consent," which is available on the internet and does an incredible job of showing how and why the media has become largely a mouthpiece for the government (at least in america). read it for free here: "with liberty and justice for some" is also a really good book on this topic.

u/S_K_I · 47 pointsr/politics

Richard Wolff recently said something that responds to your talking point:

>"Capitalism has been here for 400 years. It has produced ever growing inequality. Periodically inequality sometimes stops and even gets reversed. The Great Depression was a reversal. The mass of poeple intervene politically. They revolt. But then, even the successful reformers fail to change the basic system. The underlying dynamic undoes the very reforms that were achieved. "To do reforms in a capitalist system but to leave a system in place, is to leave the mechanisms in place that undoes the reforms."

And using my own interpretation with what he said to your scenario, if you are actually able to shrink the big corporations, are you implying that Capitalism today as we know it needs to drown and something else replace it?

Addendum: I want to add Mr. Woff's quote is a contextual summary of Tomas Pikkety and his long time collaborator Emmanuel Saez published work on inequality called, "Capital In The Twenty-First Century".

u/dinmordk1 · 47 pointsr/learnprogramming

For Theory/Lectures

  9. [C++/Python/Java]

    For Practice

u/Clint_Redwood · 47 pointsr/TheRedPill

First thing you have to do is learn all the lingo and jargon. Then you can learn the principles and strategies.

Investopedia is a fantastic place to get learn the lingo. Just search a word you don't understand and there will be a short article explaining it.

Then you can go two ways, learn pragmatic practices like Fundamental Investing vs Analytical Investing, Day Trading vs swing trading, stocks vs options trading, forex trading, etc.

Or you can study the grand scheme and mentality you need to become wealthy. From my experience you first need to have the mentality of a wealthy person before you can become wealthy. Like how TRP teaching you to be a certain way before you actually are. A good analogy is, "You don't meet any 80 year old people that are poor and great with their money". Just doesn't happen, your wealth is directly correlated to your behavior and outlook. Mentality and frivolous spending dictate your wealth, not how much your job pays you or your hourly wage. I know people making 100k a year that are fucking broke and will be broke the rest of their lives just because they don't care to learn how to use money.

I'd start with studying the most successful investors and businessmen ever. Learning how powerful compound investing is will probably be the most important thing. This is a great video over Warren buffett and his overarching mentality to investing. Study everything you can on him and how he "Thinks". He's mentality is what you need to learn and emulate.

The Intellegent Investor is probably the best primer book you'll ever read for investing. Its an extension to Buffetts mentality. The technicals will be over your head as a novice but pay attention to the mentality like buffett. It's written by a guy that entered the stock market in 1915 and survived through 5 recessions and is considered one of the best investing books ever written. It's one of the first books Warren Buffett ever read, he talks about it too in that video I linked. It's been updated every five years since it was written in the 70's. I'd suggest learning as much about Benjamin Graham, the author of this book, as you do Warren Buffett. Cause he's who Buffett learned from.

Now, once you get the mentality and lingo down you can focus on actual strategies and pragmatics. Financial Education youtube channel is a good place to learn fundemental investing. he's a bit goofy but he's solid on his delivery and takes a more modern approach to the buffett style of investing.

I'd recommend learning the basics of fundamental investing first. Learn how to read balance sheets, cash flow statements, income reports. Study market caps of companies, P/E Ratios, are they under or over valued, etc.

Once you have the basics of fundamental down then you can learn analytical. This is where you can make high returns on your investments but it is greater risk unless you learn how to manage them. Tons of people lose their ass in analytical because they don't know what they are doing. Educate yourself and don't be one of them. youtube the difference between day trade vs swing trade, momentum vs breakout trading, learn the difference between options and stocks, support and resistance lines, studies, indicators & signals.

That should be a good start.

edit Also Download the Robinhood app, it's the first free trading app ever. So you can literally start with $10 if you want and fuck around. the beauty of trading and investing is, it's not about the amount you start with. It's your % return per day, per month, per year. There are people day trading with 300%+ return in a month. They can take $50 and turn it into $15 or 5k and turn it into 15k. your return percent is the magic number, not how much you start with.

u/a_cs_grad · 47 pointsr/cscareerquestions

/rant Something that concerns me about this sub is how up and coming Software Engineers ask for handouts of information that they can easily acquire by googling and researching. Now I'm going to reward this behavior by pointing you in the right direction.

First off: The FAQ

1.) Resume:

Using Latex: (A lot of people love the Deedy Resume template - note that if you choose to use Latex then your output will be pdf which may not be processed well by automated resume processors)

Using Word:

Notes: White space is valuable. Target your resume to the position(s) (but don't lie). Write it, then proofread it, then edit it, and repeat (grammar/poor wording looks terrible). The easiest way to maintain a good resume is to do just that - periodically (every ~6mo) open it up and add new experience (ignore the proofreading if you want.. just write anything new down).

2.) and

Notes: East Coast/Tier 2 companies typically don't ask as many (or as difficult) programming questions so focus on behavioral and domain knowledge. For the technical questions practice on an actual whiteboard with a partner while explaining your thought process out loud. Communication skills are probably more important than technical skills but this sub doesn't bring that up as much.

3.) See 2.

Final Notes: Maintain & update your LinkedIn. Prepare for your job search to be a grind (mentally). Do lots of research. Try and get referrals to increase the likelihood that you get an interview. There's no magic advice that will enable you to land a BigN job without hard work (though some will achieve it more easily than others - many people interview at Google 2-3+ times before they land a job there). Reading "Clean Code", "The Pragmatic Programmer", "How to Win Friends and Influence People", and at least owning a copy of "Code Complete" are often suggested here as ways to improve your abilities as an SWE.

u/estuarineblue · 44 pointsr/UKPersonalFinance

Please do not do BTL. Far richer people and more savvy investors have done BTL and lost money.

You have a wonderful gift. £170K is an amazing windfall for you and your partner. Do not throw it away on a speculative investment, one that you do not know anything about -- can you tell me, in quantitative terms, how the housing market is doing, what are your rental yields (gross and net)? If you cannot, do not enter the BTL market as an investment.

My suggestion to you is to look to buying a flat for yourselves to stay in, and take the remaining funds and fill up your ISAs each year. Within your ISAs, you can invest in low cost tracker Index Funds. If this concept is alien to you, now is a good time to read up about this! A simple beginner book is [The Intelligent Investor] ( by Benjamin Graham.

Alternatively, look at [Nutmeg] ( This is a simple platform that you can put your money into ISAs.

To put into simple terms about what your £170K can bring you:

  1. You buy a small flat for £70K. You don't have to pay rent again.

  2. You put the remaining £100k into ISAs. Fill you and your partner's ISA up to the maximum of £20K per person each year. From your original Capital of £100K in investments index funds, you safely withdraw ~4% each year without touching the capital. This means, you can get £4000 each year RIGHT NOW without doing anything, for the rest of your life, like a permanent pension. OR, if you choose not to withdraw your money RIGHT NOW, you can GROW your capital for the future.

    I am not your financial advisor! But please read and think carefully about your next steps. You have been handed an opportunity of a lifetime.
u/UserNotFoundError666 · 42 pointsr/stocks

An hour a day devoted to learning about stocks is a solid plan. I would suggest that the very first book you read be "The Intelligent Investor" by Benjamin Graham who was Warren Buffetts mentor at Columbia University and taught Buffett how to use the Value Investing approach

This is a dense read and you should approach it as if you were taking a course and studying for a final exam. Get yourself a notebook and write down all of that golden info buried in each chapter. Keep in mind this book was first written in 1949 and the format of it and the financial language may be difficult to get through but take your time, don't rush through it, take notes, highlight paragraphs, and absorb the information you'll be glad you did in the future.


Below is essentially a list of things I wish I could have told myself years ago in order to save a lot of heartache and lost money. Hopefully it helps you to avoid a lot of painful lessons that I learned the hard way.

  • Study "value investing" in depth. Ignore the people who say Value Investing doesn't work, Warren Buffett, Benjamin Graham, Joel Greenblatt, Peter Lynch, Mario Gabelli, Mohnish Pabrai, etc... have made fortunes buying companies at discounts using the value investing approach.
  • After reading The Intelligent Investor further educate yourself on value investing by reading about the above investors, some have written book themselves others have had many books written about them. Also checkout r/SecurityAnalysis
  • As a beginner invest heavily in a broad based index fund that cover the whole S&P500 (VTSAX, SPY, etc...) and only devote a small percentage of your portfolio at first to stocks you've selected until you get your feet wet.
  • Ignore the financial media at all costs (Mad Money, Fast Money, Squawk Box, basically everything on CNBC...) they will lead you down a dark path that mostly resembles gambling as opposed to investing.
  • Be in it for the long haul. Do not day trade. Find undervalued companies with great management teams that have been beaten up by the market and buy shares that you know should be valued at $50 on sale for $25 dollars when the conditions are right. As Buffett has said imagine that you have a punchcard that has 20 tickets and each time you buy a company a ticket gets punched all you get for your whole life is just those 20 companies. You would want to take your time and analyze each company to ensure you're making the right decision before you buy.
  • Don't spend 10 minutes even thinking about buying a companies shares unless you are comfortable enough with your decision to hold it for 10 years.
  • Do not trade options, futures, forex, etc.... as a beginner just stick with equities at first. Get some experience under your belt and then if you want to tred into these waters later do so, but with caution.
  • There are some decent financial advisors out there but there are also lot more not worth their salt. It's good to talk to them once in a while but take their advice with caution, no one will safeguard your money or care about it as much as you do. Also most of them get paid commissions for putting you into whatever investments will give them the highest commission so look for a "fee-only" advisor if you're going use one. Trust me your financial advisor will still sleep like a baby if he loses your entire life saving, how will you sleep though?
  • Pay no attention to the Efficient Market Hypothesis (EMH) this is some academic mumbo jumbo out of the University of Chicago that tries to make the case that markets are always efficient, it's been in most financial textbooks for decades and like most things learned in college is complete bullshit. Markets are very emotional and prone to all types of irrational behavior because well people are very emotional and irrational at times....especially when money is on the line.
  • Pay attention to large scale macro-economic conditions such as the current 10-2 year bond yield inversion that just happened a few days ago and has been a signal that has preceded the last 5 recessions. Usually a recession doesn't occur for 12-18 months out after the yields invert and there's no guarantee that it will happen just be aware of it and other macro economic indicators so you know where the economy is in the business cycle. This will allow you to take advantage of certain buying opportunities when prices are depressed.
  • Be fearful when others are greedy and greedy when others are fearful.
u/kerat · 41 pointsr/worldpolitics

Well yes. The Iraq war started in 2003, and waterboarding quickly became infamous as an official US policy of "enhanced interrogation".

Some people began calling it torture, but the press didn't. The war began and the press immediately stopped calling it torture because the press generally tows the line drawn by the government.

If you're interested in this sort of thing, have a read through Noam Chomsky's and Ed Herman's Manufacturing Consent. Without being too melodramatic, it may change your life.

u/mirroredfate · 41 pointsr/NeutralPolitics

From an economics perspective:

u/Vehe_Mence · 40 pointsr/Documentaries

Shit post is an embarrassment to those with articulate complaints about the media that are derived from long considered impacts of particular types of violations within journalists ethics (most of these complaints center on the media's presentation of statistics). With great power must come responsibility and desire for truth above all else.

This may seem verbose, but the issue is highly specific and important, so I feel it warrants the specificity.

u/kinderdemon · 40 pointsr/NoStupidQuestions

It totally is: it applies through various principles, like priming or conditioning, that psychologists study.

For instance, an experiment was done in England. An office kitchen served as the site: the kitchen had a small donation box for leaving money if you used the kitchen supplies: milk, sugar, etc. Near the donation box there was a poster that changed weekly.

Sometimes it was images of nature and sometimes it was an image of a human face, only showing the eyes.

On weeks with the eye posters the donations jumped by a huge margin, nature days had level donations. The eye posters primed people into thinking they were being watched.

Another study tested altruism, both the experimental and control groups were lead into a classroom and had to take a multiple choice test. At some point during the test, the "teaching assistant" running the test would drop a big packet of pencils, scattering them across the classroom. The altruism test measured altruism by comparing how many pencils the test subjects would pick up to help the "teaching assistant", the multiple choice test itself was a red herring.

The only difference between the control and the experimental groups, was a screen saver on a computer sitting in the back of the classroom. The control screen saver was abstract patterns, while the experimental screen saver was floating dollar bills.

Surprisingly, even that small factor significantly decreased altruism: people were less likely to pick up pencils to help someone else when primed to think about money.

or another totally crazy one: this one was done on college students, and again asked them to take a test. The control test was very generic, while the experimental was all about old age, growing old and aging. Before and after the students took the test, their walking speed was measured and the students who took the aging exam dramatically slowed down walking afterwards: they were primed to act as thought they were old (!).

All of the above examples come from a very accessible book I highly recommend: Daniel Kahneman's Thinking Fast, Thinking Slow

u/throwaway1856581 · 39 pointsr/Music

You should read Trust Me I'm Lying if you want to know exactly how easily online media can be deceived.

It's ridiculous and I've used some of the tips in it to get stuff I've made into some fairly prominent magazines.

TL;DR in case you don't want to read the book:
They don't give a shit if it's not reliable, they get the page views (and hence advert hits) regardless of if it is legit. The edit isn't retroactively sent to everyone who previously read it. Plus they can even get a double dip of hits when they write the article about how they were tricked.

u/benjaben · 38 pointsr/cscareerquestions

A couple things:

  1. Pick up a copy of [Cracking the Coding Interview] (

  2. Register for a trial Pluralsight account and go through the Javascript/JS libraries tutorials

  3. Have a decent portfolio. Make a blog site to show you understand dynamic input. Have a site where you input some values in a form and use those values to calculate something (take home pay calculator, mortgage calculator, student loan repayment, ect).

  4. You're competing with not only other college grads, but people who've been interviewing for awhile too. Make sure you practice your interviews with a friend. Don't skimp on the HR questions. I've stumbled on the "Tell me about yourself question" more times than I'm proud of.

  5. Have some stuff on GitHub that you can show off.
u/tsibla · 38 pointsr/Documentaries

Manufacturing Consent by Noam Chomsky.

Read the book or watch the documentary

u/bliss_tree · 36 pointsr/india

How to Lie with Statistics, Modinomics 101

> As of March 30, the number of accidents recorded in 2017-18 stood at 73 — 29 per cent fewer than the 104 in 2016-17.

> In 1968-69, the number of railway accidents fell to three digits for the first time — to 908 from the 1,111 in the previous year. Three figures have remained the norm ever since — except in 1980-81

  1. Before saying that last FY recorded the lowest # of accidents, shouldn't the journalist have also shown a line graph of decreasing-trend in the past, with an upward jump only in 2016-17?

  2. And why not include line-graphs of number of injuries and deaths too (which have suddenly gone up in recent years), to give the right perspective on scale of the accident?

    Here is a detailed story in 'The Hindu', Nov-2017, with detailed infographics:

    > Death on the rails: India’s track record., Despite establishing itself as the country's prime mode of transport, the Indian Railways has to contend with a dubious safety record

    Looks like the story itself is some elaborate PR spin, planted right at the end of the FY, with the most good-looking number carefully cherry-picked.

    > “We are absolutely keeping our fingers crossed and if you see, there is immense emphasis on safety everywhere,” Chairman Railway Board Ashwani Lohani told The Sunday Express.

    If only the ministers cut down on their boot-licking time, and put in more diligence in improving the reality rather than just managing the jhumla optics.

    > We reject any allegation sought to be made against Amit Shah's son Jay Shah: Piyush Goyal
u/gebruikersnaam · 36 pointsr/politics

Manufacturing Consent

Old, but (unfortunately) still relevant.

u/BeatElite · 34 pointsr/humblebundles

The last Willey "for dummies" series I got was the how to land an IT job one and most of them were easy to read and had some decent pointers. That being said I'm always skeptical on getting stock market books. I own The intelligent investor and also have listened to Money Management Skills on the great courses audible series and I can say that phrase I keep hearing the most is that "you can't beat the market".

The average person who goes on etrade or Robin hood doesn't have the same resources as those higher up do with computers that can process hundreds of trades in the blink of an eye or potential insider sources . We also get emotional over stocks and find it hard to disassociate ourselves from our losses and boast about our gains. Getting someone else to manage your portfolio is also costly and you can most likely get better gains as long as you diversify your stocks in a mutual index fund. That's just a bit of what I learned and I suggest getting those 2 books/audiobooks that I recommend. I still believe the dummies books will be good, but from what I read, you'll have much more stress trying to maximize gains individually actively rather than take a backseat in a well diversified portfolio

u/zeedevil · 34 pointsr/AskReddit

I forget what this phenomenon is called but there's an entire chapter about it in this book.

u/ChillPenguinX · 32 pointsr/economy

This recession was coming either way. The economy never actually recovered from the last recession because the core problems of bad loans and inflation were not only unaddressed, but worsened. The economy isn’t built on fucking spending. It’s ridiculous that this is what mainstream “economists” think. An economy grows through savings and production, and everything the Fed does to try to fix a struggling economy only worsens malinvestment. Recessions happen not because spending is low, they happen because malinvestment is high and real savings are low (which in turn cause spending to dip, but you actually want that in that situation). You can’t just drive consumption and have that manifest a stronger economy. It’s about as legitimate as alchemy.

Edit: wow, I’m actually getting upvoted :). I wonder how many of those upvotes would’ve been downvotes had I explicitly mentioned that I’m arguing for Austrian economics. If anyone interested in learning how the economy actually works, here are steps One, Two, and Three.

u/Glourflump · 32 pointsr/learnpython

Some things to think of:

  1. "Python Programmer" isn't a job title, but "Web Developer" is. Web development would typically require some knowledge of Django, JavaScript and SQL in addition to Python.
  2. You will need to relocate without loss to your personal productivity.
  3. You will need current employment with recent letters of recommendation.
  4. If you are not already employed in a programming position, you can prove your abilities through an active GitHub or project portfolio.
  5. Read about coding interviews.
  6. Any social event is a place to make connections. Some of the best jobs will never be listed.

    You're a professional the day you dress up and start trying.
u/ichmusspinkle · 31 pointsr/medicalschool

In terms of investing, What Can You Expect From the Market in the Long Run? is a nice post on the buying and holding strategy and why you shouldn't sell in down markets.

Investing can be pretty simple these days. Most of the advice on WhiteCoatInvestor (and for young professionals in general) boils down to the following (often called the 'Boglehead' approach, after Vanguard founder Jack Bogle):

  1. Live below your means to save up enough money to invest.
  2. Buy the following four low cost ETFs/index funds. The percentage of stocks you own should be roughly equivalent to 110 minus your age; the ratio of US to international stocks or bonds should be 70:30 or 60:40.

    • ETF tracking the total US stock market
    • ETF tracking the total International stock market
    • ETF tracking the total US bond market
    • ETF tracking the total International bond market

  3. Allocate as much as possible of the above into tax-advantaged accounts like a Roth IRA.
  4. Keep living below your means so you can keep contributing to the above every month.
  5. Enjoy having better returns than many professional investors!

    I recommend the Bogleheads' Guide to Investing as a starting place. A Random Walk Down Wall Street does a great job in explaining why passive investing (i.e. buying and holding) is much better than active investing for the average person.
u/fathan · 31 pointsr/TrueReddit

The hero worship of Marxist economics is largely misplaced and unproductive. Marx was ignorant of many intellectual breakthroughs in economics that occurred between his writing of The Communist Manifesto and Capital. Take, for example, the marginal revolution compared to Marx's theory of prices. No economist pays any attention to Marx's ideas on price theory, or his other "economic" contributions. Other things that people would like to credit to Marx, eg a focus on income inequality, is better credited to previous economists like David Ricardo.

Marxist economics failed to account for the core role of economics--the allocation of scare resources with alternate uses. Instead Marx simply asserted that a communist economy could achieve the same efficiency with more equitable distribution of gains, but without explaining how this could be done. He similarly ignored the tradeoff between worker's quality of life and efficiency/growth--this isn't to say that we have the right balance now, but that Marx didn't even consider the question. Every time Marx's ideas have been put into practice they have proved a dismal failure and demanded an immediate reversal to more traditional (ie "capitalist") means of organizing production. See Lenin's New Economic Policy and Deng's economic reforms. The tragic irony is that Marxist economies tend to cause the most suffering for the people they are intended to help, as the elite are perfectly capable of protecting themselves regardless of circumstances.

Marx's contributions to history are significant and his political contributions are undeniable, but we shouldn't lionize his economic theories simply by association. His contributions to economics as practiced today are non-existent. Marxist critiques of capitalism were disproven within his own lifetime. Indeed by the publication of Capital, wages of the working class were increasing. A lot of casual Marxists tend to think he predicted that "capitalism was bad" and then cherry pick periods that loosely agree with this understanding. Marxism actually makes much more specific predictions about the way the world will evolve that were false--for example, where and how the first communist revolution would take place. We shouldn't lose sight of that.

Economics is complicated and we shouldn't reduce it to hero worship of some past figure who "proved capitalism wrong". A recent book that focuses on the injustices of economic inequality with a far more sophisticated treatment is Capital in the Twenty-first Century by Thomas Piketty.

u/darthrevan · 30 pointsr/Economics

"Technological unemployment" reminds me of the "Joe Smith" example from Henry Hazlitt's Economics in One Lesson:

>...some writers [have gone] to the extreme of looking only at the immediate effects [of new technologies] on certain groups. Joe Smith is thrown out of a job by the introduction of some machine. "Keep your eye on Joe Smith," these writers insist. "Never lose track of Joe Smith." But what they then proceed to do is keep their eyes only on Joe Smith, and to forget Tom Jones, who has just got a new job in making the new machine, and Ted Brown, who has just got a job operating one, and Daisy Miller, who can now buy a coat for half what is used to cost her. And because they think only of Joe Smith, they end by advocating reactionary and nonsensical policies. (p. 59)

I'd be interested in hearing opposing views to this, however.

u/sharjeelsayed · 30 pointsr/cscareerquestions

Awesome Interviews

Coding Interview University

Cracking the Coding Interview: 189 Programming Questions and Solutions

Company Interview Corner - GeeksforGeeks

Technical Interview Questions | CareerCup

Search Interview Questions

Linux System Administrator/DevOps Interview Questions

The System Design Primer

Devops Interview Questions

More interview prep resources including online courses at

*Edited for more resources

u/Finbel · 29 pointsr/learnprogramming

If you're working on your math and might pursue a CS degree I'd recommend Cracking the Coding Interview. I actually haven't read it myself but it's a highly recommended book often mentioned on subreddits like /r/cscareerquestions

EDIT: Perhaps pair it up with books on algorithms and data structures so you get comfortable in working with, lists, arrays, trees, graphs etc :)

EDIT: (currently 0) Why would someone down vote this? I just don't understand why?

EDIT: Someone mentioned that it could perhaps be because I hadn't read it myself so I thought I'd add a heartfelt recommendation by /u/amputect that I just read in the authors AMA:

> Gayle, I don't have a question, but I wanted to say that your book helped me get two programming jobs. I used to push grocery carts in the arizona summer, now I work for Google. I also, like, went to college and learned and stuff, but your book was a huge help in prepping for interviews. Thanks to you, I felt more confident and more prepared, and I was able to interview with several major tech companies without fear vomiting a single time which for me was a pretty big deal.
Seriously, thank you, thank you, thank you. Your book is great, I recommend it to everyone. You are a fantastic writer and a brilliant human being. Thank you!

u/quirt · 28 pointsr/Android

> My advice is to make sure your Android app is solving a pain-point. This seemed to work well for me.

This is true for any startup. /u/jug6ernaut: read The Lean Startup for a more complete explanation.

The most important thing about your startup is NOT the product (whether it be an Android app or a new type of organic hummus). What really matters is the problem that your target customer base is currently having, whether they really have that big of a problem, and whether you're solving it.

u/LWRellim · 28 pointsr/Economics

Economics in One Lesson by Henry Hazlitt

Or read it online (just Google "Economics in One Lesson" )

u/SuperNinKenDo · 27 pointsr/DebateFascism

Further Reading

Michael Huermer - 'The Problem of Political Authority':

[Hard Copy]

Henry Hazlitt - 'Economics in One Lesson':

[Audiobook]:[PDF]:[Hard Copy]

David Friedman - 'The Machinery of Freedom'"

[Illustrated Summary]:[Audiobook]:[PDF]:[Hard Copy]

Ludwig von Mises - 'Economic Calculation in the Socialist Commonwealth':


MisesWiki - Economic Calculation Problem:


Murray N. Rothbard - 'For a New Liberty':

[Audiobook]:[HTML]:[PDF]:[Hard Copy]

Murray N. Rothbard - 'The Ethics of Liberty':

[Audiobook]:[HTML]:[PDF]:[Hard Copy]

Frédéric Bastiat - 'The Law':

[Audiobook]:[HTML]:[PDF]:[Hard Copy]

Ludwig von Mises - 'Human Action':

[Audiobook]:[HTML]:[PDF:[ePub]:[Hard Copy]

Murray N. Rothbard - 'Man Economy and State, with Power, and Markets':

[Audiobook][HTML]:[PDF]:[ePub]:[Hard Copy]

u/MonsieurBishop · 27 pointsr/CanadaPolitics

You should read Trust me I’m Lying by Ryan Holiday. It brilliantly digs into the media ecosystem and explains exactly why you are right.

Spoiler: media went through this in the early 1900s when newspapers were sold individually. Subscriptions to papers is what Bred modern journalism as a virtuous pursuit like we understand it.

u/alexandr202 · 27 pointsr/Entrepreneur

Not a book, but great resource to vet out a business plan: Lean Canvas


  1. Lean Startup
  2. Zero to One
  3. E-Myth Revisited

    Lean Startup for sure, as it relates to small, lifestyle or scalable business. Zero to One is a phenomenal book by one of the Paypal Founders, but is geared a bit to tech startups. E-Myth if you are starting more of a small business, as opposed to tech startup.

    "You only ever experience two emotions: euphoria and terror. And I find that lack of sleep enhances them both.”
    ― Ben Horowitz

    Excited for you venturing into your own business! Kick ass!
u/stonerbobo · 27 pointsr/politics

oh man.. just read /r/AskTrumpSupporters.. its depressing.

It really doesn't matter what arguments you make at all. Their intuitions come first, arguments come second. Intuition says Hillary is snobby/rich/evil and Trump is not, end of story.

There are people justifying Trump Jrs collusion with Russians! Anything can be justified with enough mental contortion and denial.

Really, the sooner you realize critical thinking means nothing to a huge group of people the better. Arguments don't form opinions, they are formed after the fact to justify them. Social pressures (what do my friends think?) & intuitions inform opinions.

EDIT: If this is interesting, checkout The Righteous Mind by Jonathan Haidt. Its where i stole most of this from. Theres also other related stuf in behavioral econ & psychology - Thinking Fast & Slow by Daniel Kahneman, Predictably Irrational by Dan Ariely. Its the tip of an iceberg

u/Listen2Hedges · 26 pointsr/SandersForPresident

Prof. Chomsky literally co-wrote the book on how the media is used by the ruling class to get the public to buy into the establishment narrative.

Give this book a read.

u/OSUTechie · 26 pointsr/ITCareerQuestions

This book has been suggested a few times so I finally got around to reading it. I think it has some good information in it. I'm only about halfway through it, but I like it so far.

Time Management for System Administrators

Other books would be any of the social books like "How to influence people", "7 healthy habits..." Etc.

I haven't read this one yet, but It has been suggested to me if you plan to go more into management/leadership Start with Why

Other books that have I have ear marked due to being mentioned:

u/autoeroticassfxation · 25 pointsr/collapse

Have you read "Manufacturing Consent"? Possibly Chomsky's most important works.

u/EthicalReasoning · 25 pointsr/politics
u/[deleted] · 25 pointsr/TheRedPill

Let's go ahead and jump down the rabbit hole here.

1 - Reddit is a business. It's a subsidiary of Advance Publications. Technically any content or comments you post here are unpaid contributions to someone's bottom line. Controversy and lies are amoral in this context, meaning that if something gets hits and views it's gold. Doesn't matter if it's bullshit feminism, a post about some cool archaeological dig in Siberia, or a post hating on mods and admins. Even this box I'm typing is gifted content.

2 - The internet itself is a fucking business. And it's about as cultish as you can get. Memes, viral videos, comment circlejerks, flaming, are all part of a "cult"ure we've built around the rights and wrongs of interacting with each other through electronic means. Anything desirable but "other" is quickly categorized and integrated. Anything undesirable is simply ignored. That means controversial is actually desirable because it generates back-and-forth. This dynamic is super fucking easy to manipulate, meaning...

3 - It's all marketing now. When companies exhaust their technological or practical advances, they turn into marketing machines. And those machines are as vicious as they are effective. Just try reading more than half of Trust Me, I'm Lying: Confessions of a Media Manipulator without wanting to throw your computer and phone in the trash and move into the mountains. If you post in an online forum, you're becoming part of 100 problems at once. You can weigh the pros and cons and decide against participating if you like.

4 - People trying to market and make money off of PUA, Red Pill, or anything else are as varied as any other self-help group. Some are completely full of shit. Some are so-so. Some are downright fucking necessary and totally worth your money. Now the ones that are worth the money and time, I want them to have exposure and visibility. I want them to have a voice that effects others because that means eventually I'll hear about their awesome idea, read it, and change my life.

5 - Just because you engage in a few activities in a community does not mean you're in a cult. I've seen real cults hidden off in the backwoods, actual physical groups of people that truly indoctrinate their youth with mantras like "I beat my body and make it my slave." It might be scary to think that people go into those things without any critical thought, that they become automatons for some fake "greater good."

But I'm going to go off the rails here and say: Why not?

Why not drop your ego sometime and join up with a group that demonstrates effective methods of self-development? I remember being invited to a secret meeting of a Christian teen group off in the woods where they had an "Honor Ceremony." Basically these kids had worked their asses off studying and working out in pure isolation. They learned about God and all that stuff - to each their own - but the end result was a group of extremely committed, extremely in-shape young adults.

I mention this ceremony because the message was not what I expected from any Christian sermon anywhere:

(paraphrasing) "The moment you leave this place, everyone is going to want to have sex with you." That was their graduation message, and it wasn't a lie. These kids had been holed up away from civilization and honed into fit little soldiers of Christ and then told the most honest thing ever: the outside world would find them hot and innocent. They would be irresistible.

So maybe some become lifelong Christians. Some get into drugs. Some, like the girl I took back to my dorm (they kicked her out after she spent a weekend with me), just fast-tracked from slut to married life and forgot the place altogether. Basically it all evens out. The cult thrives off of those few who both become successful and maintain their beliefs. Everyone else is just forgotten.

I personally think Red Pill is most effective when it feels like a cult for the first little bit and then once you get past the basics and realize it's about living your own life and thinking for yourself, you realize the entire fucking message is do what you want. If you want to join a cult, sure. If you want to climb a tree and piss on people on the sidewalk, great. As long as it's your decision apart from the "oh man are other people judging me" voices, it's still your life.

u/Zabren · 24 pointsr/financialindependence

> Even this seems a bit too aggressive for my taste

Your job for the next month or three is to become a sponge for financial knowledge. Even though you have a CPA and a CFP, in order for you to feel comfortable with their decisions with your money, you need to have some amount of knowledge with finance.


u/riatonmiguelito · 23 pointsr/mexico

Yo estoy viviendo en NY desde diciembre del año pasado y estos son los consejos que te puedo dar.

  1. Aprende inglés y trata de practicarlo lo más que puedas. Si ya lo sabes trata de mejorar tu comprensión verbal, qué tan bien lo puedes escribir etc. Yo sé de muchas empresas inclusive en México que dejan ir a buenos ingenieros porque no manejan inglés.
  2. Compra o descarga libros para entrevistas y léelos completos, haz los ejercicios del libro, etc. Muchas preguntas de programación terminan siendo las mismas o variantes de las que encuentras en estos libros. estoy seguro de que si traes buen inglés y puedes contestar el material de los libros, puedes conseguir trabajo en EUA. Algunos clásicos son:

    Básicamente, refuerza tu conocimiento de algoritmos y estructuras de datos. El decir "esto sí lo hice o lo vi en la escuela pero ya no me acuerdo" no es una excusa válida en ninguna entrevista.

  3. Si ya te sientes a gusto con tu nivel de programación, saca una cuenta en HackerRank y aviéntate ejercicios de ahí o entra a algunos concursos. Si traes un buen nivel entonces vas a poder hacerlos, si no pues entonces necesitas seguir estudiando. También te sirve poder estar familiarizado con esta página ya que sé por experiencia propia que Bloomberg y Amazon la usan para reclutar.

  4. No le tires a todo, trata de enfocarte en una o dos tecnologías. Sí puedes decir que en tu carrera haz usado C, C++, Python, Java, JavaScript, Ruby, Perl y C# y que puedes aprender fácilmente, pero trata de definir qué tipo de trabajo quieres y usando qué tecnología. Esto con el fin de que puedas estudiar bien las características del lenguaje, sus standard libraries, sus frameworks más comunes, etc. En mi experiencia si le tiras a todo no vas a profundizar en nada. Si estás aprendiendo una nueva tecnología checa bien el mercado laboral y la demanda que hay de la misma. Creo que ahorita Javascript está muy de moda.

  5. Actualiza tu LinkedIn y cambia tu ciudad de residencia a la ciudad en donde te gustaría trabajar. No todos en EUA están conscientes de las visas TN y lo fácil que es traerse a Mexicanos a EUA, por lo tanto no buscan a gente en México. Sin embargo si cambias tu ciudad vas a empezar a salirles en sus búsqueda y te van a contactar. Siempre puedes luego decirles que lo cambiaste por ese motivo. También investiga un poco acerca de la visa TN para que puedas convencerlos de lo fácil que sería el proceso de llevarte a EUA, como te digo, muchas empresas no saben de la visa TN.

  6. Manda tu CV a alguna empresa que se encargue de llevar a ingenieros a EUA. También agrega a reclutadores por LinkedIn y mándales mensajes. Si necesitas hacerlo, paga por LinkedIn Premium. Aquí te dejo la página de algunas reclutadoras.

  7. Si tienes tiempo haz algunos proyectos por tu cuenta y ponlos en github. En algunos lugares (especialmente empresas pequeñas) les gusta ver como codificas.

    Mucha suerte, cualquier cosa mándame un mensaje!
u/nezumipi · 23 pointsr/NoStupidQuestions

People are incredibly good at justifying their beliefs and actions.

People are masters of saying, I'm not X, I'm just X-1. "I'm not an alcoholic; I'm just a guy who likes a fifth of scotch with breakfast." "I'm not a wife beater; that bitch just needs to learn some respect." "I'm not a sexist, I just think neuroscience proves men are better."

The reasoning starts something like this: A "racist" is a monster, and I'm not a monster, so I'm not racist. And if I'm not a racist, then there must be some other reason why I believe these things. Maybe I'll claim to hate everyone equally. Maybe I'll rely on religion. Maybe I'll say I truly believe in separate but equal.

There's a reason racist forums spend so much time posting about "evidence" that supports their beliefs. They feel that if they can "prove" it, then they're just realists, not racists. (Conversely, you'll notice that /r/biology doesn't spend an inordinate amount of time posting evidence that genes are the main mode of inheritance. They believe it, but they're don't need to be defensive about it.)

So, yeah, there might be some people on there who think of themselves as "racist", but I'm guessing most of them would say they are not.

If you want to learn more about how we trick ourselves about our beliefs, I would recommend The Unpersuadables and Thinking, Fast and Slow.

u/veRGe1421 · 23 pointsr/GlobalOffensive

> I have a theory that your brain tries to "automate" processes and to do them subconsciously when it feels confident enough about it.

You should read the book Thinking Fast and Slow by Daniel Kahneman - excellent read that I would highly recommend. I think you'd find the book interesting, and it discusses this topic in depth.

u/Lovecraftian_Daddy · 23 pointsr/psychology

>I wonder whether online work changed things because there are few occasions for people to have conversations that socialize them into the ethical expectations of the profession.

Journalism didn't have ethical expectations a hundred years ago, because every story was sold on 'hot sheets', cheap 2-page papers sold by newsies. The most sensational headlines made the most money and there was zero accountability.

Then for 50+ years, journalists became dependent on monthly newspaper subscriptions and reputation and audience trust became paramount. Suddenly, ethics were necessary to do the job.

Now, news is all click-driven and we're back to zero accountability. Trust Me, I'm Lying is a great book about our current era of news and how it can be manipulated.

u/sylvan · 23 pointsr/PersonalFinanceCanada
  1. Immediately locate a good tax accountant. You're going to need to keep accurate records of your business: income, and all related expenses, which are deductible. You're likely going to have to start paying your tax in installments. You might need to charge GST, that's why you need the accountant to help you figure that out.

  2. Hire a lawyer too. Discuss the nature of your business, and anything you should be doing to cover your ass, such as setting up a limited company, appropriate Terms of Service to your customers, liability insurance, etc.

  3. Put 30% of your earnings in a dedicated high-interest savings account, for your tax bill.

  4. Put everything else in another high-interest savings account, while you educate yourself on investing. Don't start spending yet. Read Personal Finance for Canadians for Dummies, and the Boglehead's Guide to Investing

  5. Set up a personal budget. I recommend getting YNAB. Decide where your money will go, and don't be tempted to start buying fancy houses and sportscars with the money you're making. If you're smart, you could basically set yourself up for life in the next couple years. Visit this sub and /r/personalfinance for more budgeting tips.

  6. Set up 3 accounts at a brokerage like TD Waterhouse or QuestTrade: an RRSP, a TFSA, and an unregistered account.

  7. Max out your RRSP and TFSA, based on your available limits. Use your tax returns/CRA account to determine those limits. Talk to your tax accountant from #1 about other tax-saving strategies.

  8. Invest in a mix of index funds or ETFs in each account, based on principles from Bogleheads. /r/personalfinance, /r/portfolios, and /r/investing will help here.

  9. Keep reading, learning, and decide how to leverage your money to the best advantage for your future. Education? New business ventures?

    Congrats on the truly awesome start in life!

    Oh, and don't tell people around you how much you're making. It will affect your friendships/relationships, and you'll have people asking you for money constantly.
u/sonnytron · 22 pointsr/cscareerquestions

Don't let the lucrative offers some people get, deter you from turning down a very solid offer to get some good experience even if it's a little below your compensation expectations. Being unemployed for 3+ months and never getting that 110K + bonus + relocation @ [Insert Big N Name] is a shitty situation compared to some 65-70k at a less expensive city with a smaller company that has some new tech they're trying to scale.
In a year, you'll be surprised how much you can save and if you play your cards right, network, do a great job, you'll be worth a decent amount of money after a year.
Have friends whiteboard you for practice. Get used to writing "nearly" build ready/compile ready code using built in Java language data structures and functions. Especially get used to the Collections library, iterating over two collections in a single pass while checking for duplicates or comparators on each entry.
Buy this book and this book and sign up for LeetCode on a free account.
Honestly, try to enjoy your spare time. Do something logical but fun like playing strategy games or solving puzzles. Go to meet & greets, club meetings, volunteer at a dog shelter. Don't try to "win" this game because out of all the people that "win", some end up having severe issues with stress, time management, "loving" the job/life and life after college is nowhere near as sunshine and rainbows as during.
I wish I could "skip" a lecture and work from home, watch Netflix or go with some friends to go eat food in a town nearby or catch a convention or watch some concert on campus. All the college fun stuff? It's gone. Now it's just work... Well, work and money but still... Not as much fun college stuff. Some fun college stuff, but not as much.

u/forthemandwe · 22 pointsr/worldnews

> CNN is starting to look an awful lot like the official news agency of the US government.

"Starting to look"? CNN, NYT and much else of mainstream is a major government and elites propaganda feature since, well, pretty much always. Try this clip then this book.

u/thmaje · 22 pointsr/Entrepreneur

In The E-myth Revisited, Michael Gerber paraphrased a quote from Gen. George Patton. It has stuck with me for many years after having read the book.

>The comfort zone makes cowards of us all.


u/asusc · 21 pointsr/smallbusiness

> I think the primary problem is that the business is "me" and I'm having a difficult time transitioning from a "freelancer" to a "business" in a way that still keeps me flush with reliable income.

Read The E-Myth Revisited.

The first chapter or so will resonate with you deeply as the whole book is about turning your business into an actual business that can function without you so you can get your life back.

u/khnd · 21 pointsr/cscareerquestions

so if you're aiming for summer 2015 then two things i suggest are:

  1. pay attention during data structures + algo courses
  2. spend fall semester with the cracking the code book

    when january 2015 rolls around, you'll be battle ready for all the interviews. but ya - thats what worked for me.
u/ricebake333 · 21 pointsr/politics

First, our brains are much worse at reality and thinking than thought. AKA we can be manipulated to believe things against our interest. Science on reasoning:

Manufacturing consent (book)

Protectionism for the rich and big business by state intervention, radical market interference.

Manufacturing consent(vids)

Testing theories of representative government

Democracy Inc

u/CopperSulfateII · 21 pointsr/belgium

A party that considers communism as part of it's core message isn't one I would be hesitant to call extreme. What that effectively means is that they consider the abolition of the market economy (or the travesty of a market economy that we currently have) to be the ultimate goal of the party. And for anyone who thinks an economic model other than one involving at least marginally free markets works, please consult your nearest primer on economics such as:

u/afraid_of_ponies · 21 pointsr/EnoughLibertarianSpam

Essentially cons/libertarians troll Amazon and review books that they don't read.

This is not more apparent than all the one-star reviews of Piketty's, Capital in the Twenty-First Century. They simply give it one-star without reading it, call it Marxist propaganda, and tell us how discredited and dangerous Picketty is.

This works well on their low-info base, but it only drives away reasonable and intelligent people.

u/zipadyduda · 21 pointsr/smallbusiness

Recommended reading

Here is my suggested reading list for anyone who ever wants to be a small business owner. I like audiobooks but you can get some of these in print also.

Entrepreneur Mindset

There are several books that talk about the entrepreneur mindset. “Rich Dad Poor Dad” was one of the first that I had encountered. “Four Hour Work Week” is a popular one among young adults and lazy millennials now. But I think this one below sums it up in a relatively fast and easy way. To me there is nothing wrong in this book, but in my opinion it’s a little incomplete and inaccurate and won’t work for some people. It doesn’t say how to switch lanes, or say that you can be in two lanes at the same time. Still, it should be required reading for anyone remotely interested in business. It’s at the top of my list because the correct mindset is required before anyone can think about actually doing business.

Business and Marketing

These two combined are basically an MBA in a box and then some. They are long audiobooks that go over the lessons of an MBA program, and the first one also covers a lot of life hacking and mind hacking theories such as how to stay motivated etc. Some of this stuff is very interesting, some if it is boring to slog through. But knowing what is in here will have you well versed to communicate about business at a high level. I have listened to both several times, I keep coming back because it’s a lot and I can’t learn it all at once.

The E Myth series basically describes how many entrepreneurs fail to implement systems in their business. It has a couple other important business concepts and is geared mainly for beginning entrepreneurs or those who have not yet studied a lot about business at a high level.

Mike Michalowicz, Solid principles, Some are regurgitations of Seth Godin and E-Myth, but some are original and insightful. Not very efficient in delivery of material, but I would highly recommend.

In the world of marketing, Seth Godin is well known as a forward thinker. He has a new perspective of thinking about marketing in the internet age.
Seth Godin Startup School. This is a series of 15 short podcasts, maybe 15 to 20 minutes long each. It’s a good cliff notes version of a lot of his other books.

Gary Vaynerchuk is well known in online entrepreneur forums, especially with a younger audience. He is interesting to listen to and talks at a basic level mostly about social media marketing.

This is a link about fashion, but it could just as easily be about restaurants or any other business. As you read it, substitute the product for your product or widgets and it makes sense.

It’s probably not necessary to read this whole book, but it’s widely referenced and it’s important to understand the theory. This guy basically coined the phrase “Lean Startup” to describe businesses that start small and apply the scientific method to determine which direction to grow. Not to be confused with LEAN Manufacturing methodology made famous by Toyota, but follows similar principles.

There are a lot of great posts in reddit. There are a lot of crappy ones too. But worth trolling. (yes it’s spelled wrong)

For example, this post basically has a step by step guide to start a small business.

Other links
21 Lessons From Jeff Bezos’ Annual Letters To Shareholders

E Commerce, Design, Online Marketing
This guy has a very interesting perspective on display tactics.

A good source for tactics. Also offers one of the better wordpress themes

These guys offer great information and insight in their podcast.

Landing Page Optimization
Important for all businesses even offline, for example with restaurants these principles could help for menu design or digital signage, for other businesses this knowledge can help with advertising layouts etc.

This book discusses apps, especially networking apps like Uber.


A good page of links

For Restaurants

Very valuable stuff here. Business plan templates, etc. $30 a month for a subscription but well worth it if you are starting or running a restaurant.

Not worth the paid membership yet, but it's growing. And you can get a free trial for like a week and binge watch everything.

Dealing with delivery aggregators

Edit: spacing

u/iwanttoparticipate20 · 20 pointsr/DunderMifflin

I had a highschool math teacher who always told us to be warry of statistics and even had a book he shared.

How to Lie with Statistics

u/SatAnCap · 20 pointsr/Shitstatistssay

Jokes on them, I shall use that as a wishlist! >:D

(Also they forgot Basic Economics, so it's wrong)

u/coffeesippingbastard · 20 pointsr/math

friend of mine worked at a company that was highly metrics driven. Only nobody in his division knew statistics at all.

I joked to him to read "how to lie with statistics"

The mad bastard actually read it cover to cover. He ran roughshod. Justified massive headcount increases, made his numbers look amazing, got promoted. Shit was hilarious. He has since moved on.

u/JimC29 · 20 pointsr/financialindependence

Take 5% of your money and try something else but I advise you to read the Intelligent Investor first. Benjamin Graham has been right for the past century and will be right for this one too. I add individual stocks during market downturns but keep 90% of my money in index funds.

u/RunninADorito · 20 pointsr/cscareerquestions

It's really simple. If you're have problems passing phone screens and in-house interviews, there's a gap somewhere. You need to figure out what that is and fix it.

Do you have personality issues (be honest). I have no idea what 2000+ friends on fb means. Who the hell actually knows 2000 Do you have close friends? Can you have causal conversations with people? Are you aspy? If you're sure you're cool here, move on. If not, sign up for Toastmasters and dive in.

More likely, you have some gap in CS fundamentals. There's stuff you don't know and people aren't hiring you because of it. Write the code to solve the following two problems (no cheating or I can't help).

  1. Given 2 sorted lists of integers, write a function to merge them together and return the resulting list.

  2. Reverse the nodes of a linked list in place.

    There's something you're doing or don't know that's causing people not to hire you. You need to pinpoint what that is and fix it. It's probably nothing that a weekend or two of cramming can't fix. Check out and get to the point where you can solve most any of the questions. When you're practicing, write the code for each one. Get this book:

    You're completely wasting your time "playing around with frameworks" because no one's going to hire you for that. You need to work on the stuff you're scared of that you're putting off learning about. Can you code a red/black tree from scratch? If not, you should learn to do that before even thinking about doing a "personal project."
u/iflagproblemposters · 20 pointsr/Seattle

A big problem, and it somewhat coincided with Dominic's rise to editorial power at the paper as news editor, is that at some point they decided to eschew being an arts weekly with some news coverage to focus mainly on generating web traffic through flamebait and controversy. And while that works, the problem is that there's a host of other web outlets that do it better and on a larger scale than the Stranger ever could... and of course those outlets probably pay better even if the workload is great. It was only a matter of time before the Dominics and the Lindys would run off and take a better paycheck to go do it for someone else.

Problem is those writers were able to build a rep of credibility in the paper's prior life before they and the paper went that route, and passing the torch isn't possible when no one gives a shit about Ansel Herz trying to be a more obnoxious version of Dominic, and no one really wants to see Paul Constant, Charles Mudede or Brendan Kiley stumble out of their pay grade to try and do hard hitting journalism. They already had Bethany Jean Clement pulling extra duty out of her comfort zone before she left.

I frankly would not be surprised if Savage got bored of the tedium and just decided to shut the paper down in a couple years. He already makes a lot of money from his touring, book, syndication of his column, etc, and doesn't really need the paper anymore.

u/Amerikanskan · 19 pointsr/Anarchism

>If you don't understand calculation problem, marginal value, global capitalism, freedom, income mobility, regulations, innovations in the first place of course you'll end up as a commie. What did you expect?

Lmfao. I see somebody just finished Economics in One Lesson

u/HomeNucleonics · 19 pointsr/learnprogramming

Cracking the Coding Interview is a bestseller on Amazon and is extremely helpful. I've read through it on flights out to interviews, and it puts me in a great frame of mind.

If anything, I get more out of the guide for how to approach interview questions more so than the meat of how certain problems or algorithms work themselves.

Make sure you take the science of approaching your answering process for the questions just as seriously and systematically as the mathematics/algorithms involved. Cracking the Coding Interview does a good job of summarizing the approach you should take, and gives a series of questions to practice answering in the manner provided (all sorts of common algorithms and data structures used in interviews are contained in the book, giving you great practice at applying these types of things). You should buy that book right now, and buy a whiteboard and an erasable marker to practice answering some of the questions on. Well well well worth it.

Most of all, have fun! In a certain way, the more fun you have, the better your impression will be on your interviewers.

Also, I wore a suit once to an interview, and I felt like a moron.

Edit: some quick re-wording.

u/BrutalJones · 19 pointsr/Anarcho_Capitalism

Economics in One Lesson by Henry Hazlitt got me started, so I'll go with that one.

u/whosdamike · 19 pointsr/Frugal

Wow, there is so much hate on stock investing here.

I recommend cross-posting to /r/personalfinance.

I think you picked a good mutual fund for someone with risk aversion. If she's that averse to talking about stocks, then I don't think a book will help - but if you'd like to understand the arguments better, the best introductory work on the subject is The Intelligent Investor.

I think education is the best tool here. There are a few critical points that she'll have to understand if she wants to accept investing as distinct from gambling:

  • Actually choosing individual stocks and profiting is exceedingly difficult, except for rare individuals with the time and skill necessary to do so.

  • Individual success and failure often falls into statistical noise. Like an infinite number of monkeys mashing typewriters, sometimes someone hits Shakespeare.

  • Regularly putting money into a balanced mutual fund is not the same as trying to pick stocks, time the market, or otherwise "beat the odds."

  • The "bet" you are making is that your allocation of stocks/bonds will accrue value over decades. This is an extremely solid bet... but it is not a guarantee.

  • What is a guarantee is that keeping your money as cash, and not investing it, will mean you lose value in the long run to inflation.

  • If you don't have the stomach to keep your money in the stock market during bad times, then you're stacking the deck against yourself. Getting out of the market at the low points is the same as selling low and buying high.

    And a final bit of advice you probably don't need: if everyone is telling you that something is guaranteed to give you a return, that is an excellent sign of a bubble.

    Past examples include tech stocks and real estate. You can make a strong case for gold, but as always, it's dangerous to try to predict the future.
u/vstky · 19 pointsr/stocks
u/EricksA2 · 18 pointsr/todayilearned

Halitosis as we know it today is the product of the Listerine company.

For years they tried to find uses to sell their product. It started off as a surgical antiseptic for wounds. Then it became a household antiseptic, a floor cleaner, a cold and sore throat remedy, and even a douche that was capable of curing gonorrhea.

Finally they decided to market it as a mouth wash. However, mouth washes didn't exist. Bad breath existed and there were means to deal with it; however, it wasn't that big of an issue to people and no one felt as self-conscious about it as they do today. So the Listerene company made use of the relatively-obscure medical term called "Halitosis" and marketed its product as the way to cure this horribly embarrassing disease that you didn't know you had.

Their massive marketing campaign changed the entire public's opinion on bad breath. They ran ads such as a bride second-guessing marrying her fiance because he has bad breath, stating "Can I be happy with him in spite of that?" Bad breath was no longer something that can be overlooked. It is something that reflects very badly on the person and it is now a disorder that can and should be treated. Thanks to their Halitosis marketing campaign, their revenue went from $115,000 to $8 million in just seven years.




Advertising the American Dream

u/BloodOfSokar · 18 pointsr/sysadmin
u/zarathustra1900 · 18 pointsr/TrueReddit

If you want to learn more about this I suggest reading Thinking fast and slow by Daniel Kahneman.

u/cynicaloctopus · 18 pointsr/webdev

I strongly recommend reading Gayle Laakmann Mcdowell's Cracking the Code Interview, or watching one of her lectures on the topic. Although her book goes into detail on the types of questions that can come up in these interviews, the general advice she gives in this lecture is solid gold.

u/Lightfiend · 18 pointsr/psychology

The Blank Slate: The Modern Denial of Human Nature - evolutionary psychology, behavioral genetics. (probably most interesting from a Freudian perspective, deals with many of our unconscious instincts)

Predictably Irrational: The Hidden Forces The Shape Our Decisions - Unconscious decision-making, behavioral economics, consumer psychology. Fun read.

Influence: The Psychology of Persuasion - Most popular book on the psychology of persuasion, covers all the main principles. Very popular among business crowds.

Social Intelligence: The New Science of Human Relationships - Social neuroscience, mirror neurons, empathy, practical stuff mixed with easy to understand brain science.

Authentic Happiness - Positive Psychology, happiness, increasing life satisfaction.

Feeling Good - A good primer on Cognitive Behavioral Therapy. Also widely considered one of the best self-help books by mental health practitioners.

The Brain That Changes Itself - Neuroplasticity, how experience shapes our brains. Some really remarkable case studies that get you wondering how powerful our brains really are.

The Buddhist Brain - The practical neuroscience of happiness, love, and wisdom from a Buddhist perspective.

That should give you more than enough to chew on.

u/p0m · 17 pointsr/badeconomics

I think a better question is why did /r/economics significantly improve in quality.

To begin, libertarians are a very vocal, opinionated, stubborn group who thrive in fringe internet communities. Paleo-libertarians ("Austrian" school followers) in particular think that their ideology is not just an ideology but actually Very Serious Intellectual Economics, so of course they'd find /r/economics to be a natural fit for themselves. I mean think of how many libertarian writers conflate their politics with "basic economics." You don't usually see liberals or moderates pulling that.

A few things happened over time though:

  • Moderators stepped up to improve the quality. /u/besttrousers in particular deserves a lot of credit.

  • Reddit itself became a more mainstream site, and libertarianism isn't exactly mainstream. So an influx of mainstream thinkers crowded out libertarians.

  • The Ron Paul 2004/2008 hysteria died, so libertarian "recruiting" (sorry if that's a loaded term) slowed down.

  • This is just postulation on my folk, but I think among younger folk, libertarianism is starting to look crazier and crazier. I mean I'll just take climate change as an example. Many libertarians deny climate change (they call it "AGW"), which is becoming more and more irrefutable... and yet they're all science-touting atheists? Oh...kay. There's also straight-up no purely libertarian solution to climate change. None.
u/SplashyMcPants · 17 pointsr/techsupport

I run a small IT shop with about 25 repeat customers. All but 4 are business clients, I do very little residential (with the exception of the home PCs of some of my business owner clients). My business has two parts: managed services and break fix. Managed services are contracted, and basically I guarantee "x" level of uptime for the client per month. For that, I bill about 50 bucks per PC per month, and anywhere between $250 and $300 per month per server. Break/fix services - I offer onsite or remote support, I emphasize remote where possible (much cheaper for all involved and less overhead for me). Break/fix is billed hourly and/or could be a project rate.

  1. I do use contracts, one is a "relationship" agreement that spells out exactly what I am not liable for, and the other is a "service agreement" that guarantees "x" number of hours of service per month for a flat fee. The managed services contracts are specific to the client, and are generally pretty complex.

  2. An LLC takes some, not all, of the liability off of your personal assets and puts them under the purview of the company. It's important, but not as important as liability insurance in two types- general liability, which covers your business for "accidental" type damage, and professional liability, which covers your business should you or an employee completely screw up a client's data or systems. PL insurance is sometimes called "errors and omissions" insurance and I consider it to be critically important (and a very good selling point for your business).

  3. I am on retainer for a few businesses, as I mention above, and it doesn't give them carte-blanche to call for free advice. The contract spells out some conditions - you get free phone support (as opposed to a 15 minute limit for uncontracted calls) for contracts over 20 hours per month, but if you are excessive or the calls are the result of your own incompetence ("I deleted my system32 directory") I reserve the right to bill you anyway. And so on. But in essence a customer is buying x number of hours per month of service, use it or lose it.

  4. If I am diagnosing one PC, I take a run at diagnosing or fixing the problem. At about the 15 minute mark, I start making noises about how this machine needs further diagnosis and I'd need to bill to continue (but honestly, I'm good at this, and I can tell in the first few minutes what kind of problem is happening and I pretty much know the way it's going to go in that 15 minutes anyway). If the problem is obvious - spyware, etc - I immediately quote a range of hours/rates and ask if I should continue. And if it looks like its going to take more than 1-2 hours to clear a virus/spyware, I'm just going to tell them "I'm going to pave it and start over" - meaning back up their data, reinstall the OS and patch it back up, reinstall the software and restore the data. Generally that's a 4 hour gig but if a PC is that tangled up, rebuilding is the smart answer anyway.
    Servers and business clients - generally if I come in your door (whether remotely or physically) I'm on the clock, and therefore diagnosis and repair are included in the service call. Its expected that you'll spend time researching a problem to arrive at a fix. That's called due diligence and good customers aren't afraid to pay for it. Just don't be blatantly googling and saying things like "No shit!" and "uh oh, really?"

  5. Taxes and legal: Hire it done. A good office manager is worth whatever they want you to pay them. Get a CPA as a client, have them help you set up a "to-do" list for taxes and payments you have to make, and get them to sign off on your books once a quarter or so to keep you in line. If you're going to have a few employees, contract with a payroll service to handle them. Keep a little money put aside somewhere for legal calls to an attorney and pick up a couple of them as clients so you can trade for work if you need to.
  6. My business has fluctuated and I've had employees. It's a pain in the ass, far easier to contract with fellow IT types and split the bill, so right now I've got some techs that I call on a freelance basis and they bill me if I use them.

    Three big things to keep in mind:

  • Do not, I repeat, do not, lose sight of your financial condition. Its easy to let someone else handle this and every time I've seen someone do that, huge catastrophes happen.

  • Put 25% of your weekly income aside in a CD or other not-easily-accessible instrument. This is your estimated tax payment. Don't do this, and you'll end up pwned on April 15.

  • Read this book.

    And finally: Don't be afraid to fire a customer.
u/wildpixelmarketing · 17 pointsr/Entrepreneur

Former virtual assistant here wanting to put in my two cents from the internal side.

>Think of a task you need to do for your business, but you don’t have the time, or the knowledge on how to properly execute it.

Yes and no. You should have a general idea of how the task should be done.

For example, if you have no idea how to write a blog post, you should make an attempt to learn the basics of how to write a blog post before hiring someone to do it for you.

That way, you know the type of voice you're going for, what type of content your business puts out (authority/expert type? gathering info and presenting it? opinion piece?), the format, and relay that information to your contractor.

You can't delegate it if you don't know what you're looking for. You also won't know if the end product will be effective.

You don't need to know how to do it exactly or even how to execute it, but you should know the basics of what you're asking for.

> I have seen many freelancers in the Philippines charging up to US$50 per hour to manage an Instagram account. That’s a lot of money for such a task. Try to figure out what is the hourly rate in the country where you are hiring... This will help you to estimate the budget you can allocate on a task.

I don't get out of bed for less than $45/hour as a virtual assistant and a lot of people will balk at that price.

Here's what my former clients got at $45/hour:

  • Text me. I'll respond within 15 minutes during my office hours.
  • Keeping up with industry trends, obsessively go through your analytics, refine your strategies, and reinvest what you're paying me into courses/books/knowledge to expand how I can help you (for example, instead of just scheduling your posts, I may pick up graphic design, photography, copywriting, ads, etc. to expand my skill sets).
  • Minimal management. You don't even need to ask me to update you monthly on your social media progress. I'll have a small powerpoint presentation with analytics, charts, and screenshots, detailing where you are, where you're projected to go, and how it aligns with your marketing goals. I'll also explain it in plain English instead of industry jargon. This will be pre-recorded so you can watch it at your leisure.
  • Note - this isn't specific to me. I speak for a lot of USA based VA's I've known who charge a similar rate.

    Or, you can pay someone in India $10/hour to schedule your Instagram account, but good luck getting that VA to go above and beyond at that rate.

    >Use a "hidden word"

    On my end, when applications have these "hidden word" things, it screams inefficiency to me. You are REALLY going to base my ability to perform my tasks on whether I can I spy with my little eye a single word in your wall of text?

    Here's a more accurate way to do it:

  • List the task and ask the VA for their process.
  • Tell the VA a problem that you've faced (and solved) in your business and ask them to solve the problem in their cover letter.

    Here's an example: I recently hired a project manager/assistant to keep me on task with my clients. My clients text/email/call/etc. and I needed someone to organize and schedule my tasks out through Asana (a project management type of app) in an organized fashion because it's so tedious to do it myself.

    I asked the following two questions:

  1. When would you use "Boards" in Asana and when would you use "Lists" in Asana? (Their response shows me their ability to think on their own, without needing me to hold their hand through how to do everything. People who are intimidated by the need for self-thinking will not answer this question and just not bother applying).
  2. I need you to export my Toggl timesheet in PDF format so I know how much time I'm spending on each client. You log in, try to export the PDF file, but every time you try to open it, it says the file is corrupted. What do you do? (At this point, MOST entry-level virtual assistants give up and just say "hey the file is corrupted, what do I do?" which I do NOT want. I want someone who has the ability to GOOGLE and problem solve).

    That being said, this advice will not work for everyone.

    Your ability to teach, delegate, or pay, will impact your relationship with your virtual assistant. If you have money but no time, go high-end and hire an expert VA at $35/hour or higher.

    If you have time but no money, hire an entry-level/foreign assistant and take the time to train them.

    I'm currently transitioning out of being a VA to start a digital marketing agency. I am now hiring my own team of virtual assistants to help me. Here's what I've learned from the hiring end:

  • Be prepared to train if you're not prepared to pay. Read The E-Myth (not an affiliate link).
    A lot of businesses fail in hiring because they want to hire someone to solve a problem they can't solve themselves. $10/hour virtual assistants are ENTRY LEVEL and will need a lot of hand-holding and training. You can absolutely go this route if your budget is low or you have a lot of time to train (or have processes at the ready) but in my experience, few business owners have been organized or patient enough to train someone entry-level.
    Within 6 months, they usually fire the entry-level assistant in favor of a more high-end one.
    The other thing is... if you got a "good one" who can handle their own at the lower rate, get ready to have people try to snatch your assistant for $12/hour or $15/hour or be forced to match a competitor's rate.
  • Hire for culture over ability.
    However, what isn't replaceable and what is difficult to teach is culture and work ethic.
    I personally work with entry-level VA's due to lack of budget (I have more time than money) - but I hire VA's whose visions and lifestyles align with mine.
    For example, I am starting a digital marketing agency. I DO NOT want to hire entry-level virtual assistants who are digital marketer wannabes because they'll just work for me for a few months, gut me for all my knowledge, and take what they learned from me to compete with me.
    Fuck that.
    Instead, I hire people who have a full-time job, or children, or family obligations, and are seeking "side income" NOT full-time hours. They are happy with entry-level $15-$25/hour pay and they have no intentions to eventually compete. I've noticed they're usually easier to work with because they're not constantly looking for more/higher-paying clients and they aren't burnt out from the industry.
    Ultimately, I am working with a niche group of people (spiritualists, cannabis entrepreneurs, sexual empowerment coaches, zero waste/environmental coaches, etc.) so the people I hire MUST have a current interest in those subjects. I can freakin pay for a $29 Instagram course in Udemy or give them my Skillshare login to teach them Instagram but I can't teach them to care about our clients.

    (Note: I'm not saying hire people who are absolute newbies with no experience. You can hire a mom who has a huge Instagram following to manage your Instagram account for $15/hour and then send her to take a Udemy course to refine her marketing skills in Instagram. You can hire a college student who wants to be a scientist but codes websites on the side, to help you manage your clients' Wordpress websites).

    I know this was super long-winded... Just wanted to give a perspective from a former virtual assistant who now works with virtual assistants.
u/austex_mike · 17 pointsr/Baking

The key being successful in the cake business actually has little to do with the ability to make cakes. The problem is that bakers often times make terrible business people. Making a cake here and there is great, but does your mom have the ability to manage inventory, follow-up with customers, keep costs down, keep good financial records, market her product well, etc.?

There is a great book you and her should both read, it's called the E-Myth. After reading it then decide whether you should move forward with a cake business.

u/m1001101 · 17 pointsr/femalefashionadvice

For a software engineering position? I highly recommend Cracking the Coding Interview if you're looking for something to prep!

u/yes_yesiam · 16 pointsr/UBC

You do not need to enrol in co-op to get a job this summer, or any time for that matter.

Take initiative and apply to jobs independently. Job fairs are a great way to get an interview, and both the CS career fair and the Engineering career fair (there'll be a mix of companies, but companies hiring for Software devs will be there) are coming up soon. There are also plenty of opportunities to apply online. Check out student services periodically for resources (like interview prep strategies and the like), similar to what you would get in co-op. Get CTCI and practice. Practice technical interviews with your friends. Talk through problems as you solve them. You got this.

If you don't have a job lined up by the time summer registration opens, register for summer courses, but keep trying to get a job. You can drop the courses if you get a job, or take the courses if you don't.

u/gryphus-one · 16 pointsr/stanford

When I went, there were always a few companies where the representatives had a badge that said "I hire frosh." My advice would be to check it out to get a feel for what's going on. I wouldn't expect a whole lot, but at the very least it'll be good prep for the frosh/soph fair.

A word of advice - when I went to the fall career fair during my freshman year, I actually found it quite stressful. I ran into a couple of recruiters who came off as condescending, and the overall atmosphere seemed pretty stressful (gotta hustle for that internship). It was a bit of a contrast from the dorms and even office hours, where people are generally happy to lend a helping hand.

When I took CS 103 later, Keith Schwarz actually had a fairly negative view of the effect/messaging of the fall career fair towards freshmen. He felt that the competitiveness and the inevitable rejection of certain internships would not really provide a positive view of one's learning. Learning is a long process, and getting rejected from a dream CS internship might lead some to feel that their classes were for nothing. It's ultimately up to you whether you want to view your CS education as more of a pipeline into a good job, or an opportunity to intellectually explore (you can of course balance both, and there is no right way to do it).

So if you wanna hustle for an internship, then by all means go for it. However, keep in mind that the career fair is only one way to get your foot in the door. If you wanna be a real snek, network around and find people who can give you referrals for companies you're interested in. Also code up a project or two and put it on GitHub (with a link on your resume). Most importantly, read the good book.

u/wonderful_wonton · 16 pointsr/economy

This is a classic example of How to Lie with Statistics.

Just because people in rural & remote counties have fewer possessions and make less money, doesn't mean they're materially poorer in a qualitative sense.

I have a lot of shit I wouldn't need if I lived in Mississippi. (I know because I spent a few years in Mississippi). It costs much more to live where I live and it takes more income and more stuff to live here. But I was much better off in Mississippi in terms of quality of life materially.

If you look at the map of red vs. blue counties you can see the blue are concentrated in urban and coastal, which actually makes this a comparison of geographically different kinds of economies and a therefore a fallacious statistic.

tldr; increased consumerism and the increased cost/income associated with high consumerism does not equate to better or worse material conditions when you compare rural regions with urban regions. People lie with statistics

u/omaolligain · 16 pointsr/AskSocialScience

Nudge by Thaler (Nobel Prize in Economics) & Sunstein
A book which is unquestionably about Economics and Public Policy


I haven't read it yet but it's on my list:
Misbehaving: The Making of Behavioral Economics also by Thaler


Thinking Fast & Slow by Kahneman (Nobel Prize in Economics)
Not strictly about economics but Kahneman essentially created the field of "Behavioral Economics" and the implications for his theories about decision making bias are extensive in Economics. In many ways Kahneman and Tverski's work is the foundation of Thaler's in Nudge.


Predictably Irrational by Dan Ariely
If you can't tell I like the Behavioral Econmics books...

u/disuberence · 16 pointsr/neoliberal

I think you will be surprised to learn that what you have come to understand about neoliberalism and the positions supported by this sub are not always in alignment.

Make sure to read Why Nations Fail. Your first book report is due in two weeks.

u/alucardus · 16 pointsr/Entrepreneur

First if there is enough potential profit in your idea you can always hire engineers, programmers etc. So keep that in mind and start keeping a list of every idea you have, I keep one in my phone that is gigantic now. Stop limiting your self to just what you can do and it will really open up your mind.

I would recommend the $!00 startup, it is full of case studies on what others have done. After reading this book it seemed like I just started thinking in an entrepenuerial way about almost everything and ideas came like a waterfall. I now have more solid ideas than I can possibly ever pursue, and get new ones daily.

Another great one is Lean startup. It has the most practical advice I've encountered on how to test and then go forward with an idea. After this book I was able to mentally test ideas and see profit or failure in them much easier. This book is also invaluable for once you actually start something.

u/DragonJoey3 · 16 pointsr/personalfinance

Caution: Wall of text to follow.

Firstly, congrats on caring at a young age about your finances. That's something not a lot of people can say. With that being said I'll like to take each of your paragraphs in turn and answer your questions at the end.

NOTE: If you just want answers to your questions and not my advice skip ahead.

> While I believe that there are some truths behind "Money doesn't buy happiness", it is a lot easier to be happy knowing that you are well-off.

As a word to the wise from someone a little further down the road let me just say there is more truth than you yet realize in those 4 simple words. Many people don't come to see the truth till their old age looking back on a life filled with regret, so take some time now and seriously contemplate it, because the reality is in 85 very short years you'll likely be dead, and all you ever had will belong to someone else. If the only happiness you get in this life is seeing dollars in your bank account you'll miss out on a lot.

> The leading cause of divorces are because of financial issues. I mean, that has to speak for something.

In the vast majority of divorces it's not a lack of money that's the problem, it's a lack of agreeing on what to do with the money that is. Marriage can work below the poverty line, and above the 1% line. The financial issues of marriage aren't solved with just "more money!"

> I want to be able to support myself, other family members who aren't as well off, and be able to buy my kids (if I have them) a car, pay for their college funds, etc.

Supporting your own family is honorable, but beware when helping out "less fortunate" family members. There are many, many problems that can arise from that if not done properly, and enabling a family member will only make their situation worse, not help them.

> I don't want to be a doctor. Or a lawyer. . . . . who can bank at least a million in one year.

That is a very big dream, but it's not unrealistic. Big dreams are good, and as long as you can approach them level headed they help give you focus. I say that your dream is worthwhile, and although I caution against greed as it can destroy you and your life, there is nothing wrong with wanting to be a CEO making $1,000,000.


> So tell me. Where do I start investing and also building my way up to becoming the CEO of a company?

You start right where you are. There is nothing stopping you from pursuing your dream now. Begin with learning. Learn what it takes to be a CEO, learn how other CEO's have done it, learn what your talents are. There will be much learning for you starting out.

I recommend the internet and a library card. Read a CEO's biography (it's as close as you'll come to getting to interview some CEO's). How is it that Donald Trump was able to go from rags to riches twice?! What would it take for you to do that? Learn all there is to learn about running a business, being a leader, and leading a successful venture.

> At what age?

NOW! Bill gates was already writing software and starting Microsoft at your age (not to say you're behind or anything like that.) There is no age limit on being a CEO, and there is certainly no age limit on learning and working hard.

> What majors in college should I be looking at?

This will be up to you and what you feel you would be good at. Do you want to be a CEO just to be a CEO, perhaps some business major then? Learn from other CEO's stories and what they majored in.

> And at what colleges?

Personally there is little impact based on what school you choose. There are CEO's that never went to college, and there are CEO's that went to Yale/Princeton.

The fact is it takes maybe $200 to start an LLC and call yourself a CEO, no college degree needed. What comes after that is actually making the money! In order to do that you have to provide a good or service that people want. The more people you make happy, the more money you'll get.

Something you should know now is that starting a company, and running a company is HARD WORK. I know some owners of start-ups that had to work 60 - 90 hours a week with little to no sleep to build their business. I know others who fell into the CEO position because their daddy owned the company, and they were lazy, and thanks to their lack of action the company collapsed.

> And of course, looking to do this in a legal way.

Welcome to America :), where hard work, sacrifice and the willingness to learn and strive can and do payoff.

One last piece of advice: Don't be a jerk. When you become the CEO of a company and you are making the millions, when you someday are the hotshot, don't look down on those around you. Remember where you came from, and those that helped you along the way, and there will be those that will help you!

People will always respond better to someone who is nice than someone who is a jerk.

Here is some recommended reading once you get that library card:

  • Start by Jon Acuff

  • EntreLeadership by Dave Ramsey

  • I will teach you to be Rich by Ramit Sethi

  • The millionaire next door by Thomas Stanley

  • The seven habits of highly effective people by Stephen Covey

    There are many more books, but that's a start.

    Jon Acuff went from amateur blogger to best selling author, and is a great motivational writer. His books make me want to run a marathon, and are good for motivating you.

    Dave Ramsey went from bankruptcy to running a 300 person business and earning in the %1 of earners in the nation with a national brand. His book is about being a leader in business and you'll need to lead if you want to be CEO. It's a hard job, and not nearly as cushy as you might think.

    Thomas Stanley is a researcher who studies those with a net worth over $1M and his book will show you that being rich doesn't contradict with a frugal lifestyle.

    The others and highly recommended in general!

    The fact is you'll need to grow up, turn off the TV, and look weird to your friends. How many 15 yr olds do you know reading books about how to run a company and studying up on what it takes to be a CEO, or how to start a business? I don't know many, but I do know that at 17 years old William Gates III started a joint venture with Paul Allen (their first business). They both went on to make the top 20 richest billionaires list. Bill still holds the top spot.

    If you want to be rich, you want to be a CEO, then work at it. Work at it now, work at it often, and work at it always. I have no doubt if you dedicate yourself you can do it. The fact of the matter is that most people reading this are tired just thinking of the work it takes to be CEO, and that's why they never will be.

    Best of luck on your future success, and don't forget the little people.

    ~ Dragon J.

    Edited for formatting.
u/jsmayne · 16 pointsr/todayilearned

black swan talks about this. it's a sliding scale. if you are born you are x% likely to make it to be 1. if you make it to 1 you are x% likely to make it to 5. and so on.

good read

u/Stubb · 16 pointsr/investing

My recommended reading list includes One Up on Wall Street, Fail-Safe Investing, The Black Swan, How an Economy Grows and Why It Crashes, and Extraordinary Popular Delusions and The Madness of Crowds. The first book talks about picking individual stocks based on what you already know, the second about structuring a portfolio for growth while still playing defense, the third about common fallacies and hubris, the fourth about basic economics, and the fifth about irrational behavior.

If your money is sitting in a US bank account, then you're making a 100% bet on the future of the US dollar. At a minimum, diversify your currency holdings by buying sovereign and high-grade corporate debt in countries with strong currencies.

u/somewhathungry333 · 16 pointsr/canada

>Is there any politician out there willing to fight for Canadians? Is that too much to ask?

Sorry to tell you the government doesn't work for you.

These links will take a while to digest, but if you want to understand what's going on in the world, you owe it to yourself to become informed about the true state of the world.

Our brains are much worse at reality and thinking than thought. Science on reasoning:

Rd wolf on economics

"Intended as an internal document. Good reading to understand the nature of rich democracies and the fact that the common people are not allowed to play a role."

Crisis of democracy

Education as ignorance

Overthrowing other peoples governments

Wikileaks on TTIP/TPP/ETC

Energy subsidies

Interference in other states when the rich/corporations dont get their way

Manufacturing consent (book)

Protectionism for the rich and big business by state intervention, radical market interference.

Manufacturing consent:

Testing theories of representative government

Democracy Inc Inverted-Totalitarianism/dp/069114589X

From war is a racket:

"I helped make Mexico, especially Tampico, safe for American oil intersts in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested."[p. 10]

"War is a racket. ...It is the only one in which the profits are reckoned in dollars and the losses in lives." [p. 23]

"The general public shoulders the bill [for war]. This bill renders a horrible accounting. Newly placed gravestones. Mangled bodies. Shattered minds. Broken hearts and homes. Economic instability. Depression and all its attendant miseries. Back-breaking taxation for generations and generations." [p. 24]

General Butler is especially trenchant when he looks at post-war casualties. He writes with great emotion about the thousands of tramautized soldiers, many of who lose their minds and are penned like animals until they die, and he notes that in his time, returning veterans are three times more likely to die prematurely than those who stayed home.


US distribution of wealth

The Centre for Investigative Journalism

Some history on US imperialism by us corporations.

The real news

u/chance-- · 15 pointsr/Entrepreneur

^(This reply got kinda long, sorry)

> in an ideal world, yeah 50-50 is best, but I thought about it.

50/50 has it's own host of issues. What happens when you need cash? What if one of you wants to make a critical decision but the other objects?

Assuming your bootstrapping the startup, you're going to need money and that likely means one or both of you will need to invest. Do you do it at even levels? Let's say you launch and there's enough interest that you need the dev to start pulling more hours. Does he still need to contribute the same as you?

When it comes to decisions, it's natural to assume that you and your partner could work your way through any disagreement. While that may be true, you'll never really know until it matters. It's easy for a person's priorities to shift after going through the grueling process of launching a startup.

> Where I would come in the picture is at the very end when we launch our project and I would deal with sales/marketing, as these our my strengths and not my friends'.

No. Go read (or re-read) The Lean Startup. If you're wearing the hat as the business guy, then there is so much that you will need to do even before you should consider bothering your friend with this.

Before you approach anyone, you should have already verified your idea through surveys, conversations with potential customers, and any other relevant market research. You should have all of that in an easily digestible document or presentation.

While you're doing the research, you should have, at minimum, a splash page that gives a brief overview of the idea, perhaps an explainer video, and most importantly, a way to capture user interest. Those future leads should be considered metrics on your past tests.

Basically, you want to have everything ready as if you're pitching to a n angel or VC investor. The reason for this is simple: you are pitching to an investor. The only difference is that instead of trading money for capital they're trading sweat, blood, tears, a healthy social life, and a lot of sleep. A fringe benefit of pitching to your potential partners this way is that you'll get great experience pitching in a lot less stressful situation.

Once you get someone to partner up, there's still a lot that you will need to do while your co-founder is coding away. You'll need to continue on with the market research. If you're using the "minimal viable product" approach, you should be the one ultimately responsible for navigating pivots and releases.

You should also be cultivating a pre-release userbase. This means kicking out regular newsletters to anyone that subscribes to your landing page, building rapport with relevant bloggers and reports, and chasing potential leads.

If you're bootstrapped (self-funded) and you wait until you release to do any legwork then you've already put yourself in a situation where you're underwater. You'll have bills, your partner will have spent a fair to insane amount of time building the app/SaaS, and absolutely zero positive cashflow. What's more is you won't know that a market really exists or what price you should charge.

u/elsewhereorbust · 15 pointsr/Entrepreneur

Calm down. Like you say, it was a learning experience and it seems a good one at that.
To everyone else's defence, when you can drop terms like "profit margin," "overhead" and "markup," it doesn't grant you business expertise. Or at the least, it doesn't impress this subreddit.
Instead it makes it sounds like you took a Business 101 class.
More telling was the new phone and business cards. These are, at best, things you need after a first client (proof you have a "business").
But when you started in on Class A shares and Class B non-voting shares, it made me re-read the first paragraph. I'm thinking "Is this guy doing landscaping, or is prep'ing a visit to a VC?"

You've got drive. That's great. And now you have experience -- from one try. Try again. You'll fail again, and that's cool. Especially cool if you try again.
Best to you and whoever you pair up with next. In the meantime, fill in time with a few books like Lean Startup and Rework.

u/kleinbl00 · 15 pointsr/bestof

>Thanks for the response.

Thanks for the conversation. I'm enjoying it.

>So, if I understand correctly, you're saying that karma as a content-sorting system is a useful and necessary part of reddit, while karma as a label on a redditor is an unnecessary and detrimental aspect of reddit.

I largely endorse this summary. I'm not saying personal cumulative karma is completely worthless, but I think "karmawhoring" is entirely related to going for a big score beyond that which is necessary to prevent filtering. I think there should be some point where you "win the game" or "stop leveling" and the score ceases to matter. Those who are only here for the score will either start a new account or leave. Those who were here for the discussions will continue on as before, less the annoying "you're just here for the karma" discussions.

At some point, our cups should truly runneth over.

>I would understand this opinion, as it is explained in the "Abolish Karma" post, but the very beginning of the linked comment seems to suggest otherwise:

>So, here karma (the summed label-on-a-redditor kind, not the content-sorting kind) is a currency regardless of its superficial valuelessness, which would seem to suggest something rather contrary to the "Abolish Karma" post: that karma does have some sort of underlying value.

I touched on this just a moment ago but I'm happy to elaborate.

Dan Ariely has done some interesting research on value and currency in Predictably Irrational. Basically, our behavior is manipulated easily by arbitrary numbers and arbitrary situations. The model for karma is very much like a score in a persistent-universe MMORPG. Scores in MMORPGs lead to gold farming. Most every participant on Reddit is at least passingly familiar with these environments and many of our participants are eloquently versed in them. Meanwhile, there are very few online communities that assign rank and weight to comments. So while the discussions have more in common with a PHPBB or the like, the community isn't unlike WOW.

Where things fall apart, of course, is the fact that you can't sell or trade Karma. Psychologically, however, that doesn't matter - we're primed to expect some sort of redemption system for our score because of past experience and peer influece, so we behave as if there's some sort of redemption system for our score.

I believe this makes Reddit a worse place rather than a better one - if there were some sort of exchange for karma, people wouldn't be scolded for having a high score. People who were just reposting things for the high score would be drummed out of the community. In a very real way, we're acting as if our poker chips are money... when in fact we can't even use them to bet more.

In a nutshell, Redditors behave as if that cumulative karma score had value, even though it doesn't... and this dichotomy causes a lot of squirrely behavior.

Like reposts.

u/chandler404 · 15 pointsr/personalfinance

I'm a HUGE fan of this book, and actually read it. The version I read had commentaries at the end of each chapter that were written a bit more recently, so it helped to make the book book feel current (it was written in the early 70s). (

I found it to be a comprehensive explanation of all the financial instruments I'd ever heard of, and explained clearly what they were and how they worked. It's kinda like having a rich uncle sit you down in his wood paneled office and explain to you how the financial world actually works.

It's not simplified, and it can be intimidating, but I'd highly recommend it.

u/420_pdx_erryday · 15 pointsr/Portland

I've been saying this since the last election.

"Sex sells" is dead. We've successful removed any and all shock value on that one.

Now it's "Outrage Sells". And they even write books about how to use it.

u/jsyeo · 15 pointsr/singapore

Let me be a devil's advocate here and defend why companies wouldn't pay > 5k a month for a 10x programmer.

First off, our typical firms in Singapore can't appreciate good technical value. They can't tell the difference between work done by a good programmer and one done offshore. To them, it's just like buying a chair. If I can get a much cheaper chair in India, why not? They are still used to judging quality by experience. In fact, technical quality can't be judged by experience and the number of projects you have done. A fresh poly grad might be way better than a programmer with 5 years experience and a CS degree. If the poly grad spent his time in poly dabbling in new technologies and programming languages, writing code for open source projects, he might be way better than the CS grad that stagnated in his J2EE job.

Also, good technical value is very hard to measure. Even Google have problems measuring this. Even if you care about technical value, you may not be able to tell if the person you are hiring is good. An interviewee that aced a coding interview may not be a good programmer. It simply means that this guy is good at solving such questions. (It's possible to cram for such interviews as if you're studying for Os by studying technical interview 10 year series, mind you.) He might ace the interview but suck at writing production quality code. Instead of using well tested libraries, he might hand roll his own red-black tree and crypto library >_<. What's more, such programmers may not write high quality, readable code. And, good programmers may not pass such coding interviews. One classic case was when this guy who wrote a program that's used by 90% of the engineers at Google, failed to pass Google's technical interview because he couldn't invert a binary tree.

Unfortunately these are hard problems. Fixing the first problem requires a mindset change from employers and key business decision makers. The second requires companies to change their hiring practices. Try pair programming some projects with your interviewees. That way you can get them to articulate their thought process and see how well they handle real world problems.

u/Bonta-Kun · 15 pointsr/learnprogramming

I've found Cracking the coding interview to be an excellent resource. That book together with online sources helped me get several internship offers. The book won't spoon feed you from the ground up - but will cover all the topics necessary. The interview questions are all about PRACTICE! Spend a lot of time thinking about how to solve programming questions, the complexity of your solution, and ways to improve your solution.

After a while, you should reach a point where you start recognizing patterns when you see a new question. There are often existing data structures (that you must know backwards - like hash tables) that you can use to solve a given problem - try and think of which one fits the question nicely.

Finally, read this. Good luck!

u/PumpkinAnarchy · 15 pointsr/Libertarian

Both Economics in One Lesson and Basic Economics are golden, though for very different reasons.

Economics is One Lesson starts with a truth that is obvious and simple once you hear it explained. You think to yourself, "Well, yeah. Who could possibly think otherwise?" And then you hop onto Reddit and see that a substantial preponderance of Reddit are afflicted with a mindset and beliefs that fly in the face of this simple truth. It then spends time expanding on this truth and applying it to tons of different things that you wouldn't intuitively see it applying to.

Basic Economics is better though. Both are well worth reading, but Sowell's work is incredibly comprehensive. When I read it, it didn't come across as someone trying to prove any world view, as tends to be the case from so many economists. It is him simply seeking to explain economics to someone who is new to the field. To his credit, he uses terminology that is accessible to anyone and doesn't spend a single moment trying to prove to how smart he is. (Though his brilliance is immediately evident.) Its most important quality is that it doesn't ask you to partake in a string of thought experiments to reach some grand conclusions. Every assertion he makes is supported by multiple studies and historical examples. This happens time and time again. And the bolder the claim, the more evidence he provides. It's remarkable.

While it does weigh in at 700-ish pages, Basic Economics is almost certainly the perfect book for getting your feet wet when in economics.

u/Byzii · 15 pointsr/sysadmin
u/rumblestiltsken · 15 pointsr/australia

In my mind this is the actual ideological war that is currently being fought, but it never gets too much of a discussion. Glad books like Capital and Reich's new documentary are prosecuting the case.

This issue is the clear separation between the parties. This is all the data we have on equality in Australia, red is for ALP governments and blue for LNP governments.

Since 1980, the ALP have run an even keel on GINI, which is the accepted measure for inequality. They haven't improved equality of income, but it hasn't gotten worse.

Since 1980 the LNP have seen inequality increase rapidly, with GINI up 0.05, making us the 9th most unequal country in the OECD (out of 34 countries).

If GINI hadn't gone up (ie ALP was in power and maintained their trend), we would be around the tenth most equal, jumping around 15 countries or half the OECD.

Of course, as you can see, this means we have a centrist and a right party, which means inequality will always go up over time. The ALP have ceded the battle, in effect. Perhaps why the Greens vote is creeping up, along with the vote for the populist right, like PUP?

The good news? The last time inequality was this bad (US graph just because we suck at this topic, it is relevant here for a number of reasons) was the start of the Progressive Era, which resulted in more progressive taxation, a focus on education, healthcare and scientific research, exposure of political corruption, big leaps in equality for women and racial/ethnic minorities and so on.

Is the same happening now? The conversation has already started, with books like Capital. The Occupy movement and March in March were huge, and while the media basically ignored them or criticised them, hundreds of thousands of people in the streets doesn't happen for nothing.

Even some MPs are talking about it.

Time for a New Progressive movement?

u/stpauley45 · 15 pointsr/SEO


TLDR - We failed due to a lack of trust between partners that grew over time and I was going through a divorce and emotionally checked out of the business. (I was in charge of all when I checked out, shit fell apart)

Here's what we did to scale from $120K the first year to $1.2 mil in 18 months (10x growth).

We hosted all client sites through 2 reseller accounts with Hostgator and Godaddy. Hosting revenue pays the light bill and cable bills. Plus, your contractors only need to know how to do everything in 2 Cpanels. It's more efficient and profitable.

Outsource: ALL design. Wireframes in-house.

Outsource: Hosting setup, domain pointing, CMS/Wordpress installation, theme installation

Outsource: Email marketing. You define strategy and design etc. but the build and automation is all outsourced.

Outsource: Bookkeeping. Automate everything using IFTTT and Freshbooks. Automate as much as you can.

Outsource: All Local SEO - We used to scale production 10x.

Outsource: All social posting. Give the workers access to your posting software and let them post that shit. You do the strategy, they do the execution.

Outsource: Adwords management. Find a certified overseas crew to access your MCC and again, talk to them about how you want the accounts managed.

Outsource:Remarketing/retargeting - Overseas Adroll team or GDN team. You'll have no problem finding teams that know more than yourself overseas at reasonable rates.

Hire a part time VA (Virtual Assistant) for $3.00/hour and have her handle your email, send out client intake forms, invoice reminders, all reporting that isn't automated. After 3 months, this person can basically serve as your remote office manager for $4.00/hour from Peru,Greece or the Philippines.

When/if hiring overseas workers, look for countries with a favorable exchange rate and a bad economy + strong English presence. They must be available during US business hours and have a microphone and camera for face time chats throughout the week. and (we actually bought mics and cameras for those who did not have them.)

We handled SEO in-house and had a small overseas team to help with link building.

90% of my time as founder was spent on project management and helping sales people understand this stuff so they could sell it better. You can find competent workers all over the world for under $10/hour. We used Odesk/Upwork and took the time to build a solid base of loyal contractors. We trained our contractors to do the work the way we wanted it done. I was paying several people in Pakistan full-time @ $38/week or $.96/hr) to do link building. Profile creation etc. etc. I simply made a video explaining what I wanted them to execute on and how to do it and they went off and did it.

We had writers in Isreal (with Masters Degrees) paying the $15/hour to write great content.

If I got back into the game again, as an owner, I would literally outsource 99% of the work. Some to overseas and probably the SEO to a US based company. The rest of my time would be selling. I'll never work IN an SEO company again knowing what I know much easier to train people on systems and let them execute. This way I get to stay working ON the business, not in it.

Remember taxes take 39% roughly.

Number 1 lesson - Find a great sales person who is wide but not deep in their understanding and who is also great at establishing rapport , then you go along with them on the sales call. You're the credibillity. Rapport + Credibility = Trust = Signed Contract

Lesson 2 Create documented processes and train others on how to execute.

Lesson 3 As quickly as possible put yourself in a spot where you are able to work ON the business and not IN it. If you do not do this then the business is owning you.

Lesson 4 Read the E-Myth -

Lesson 5 - Bask in 80%-85% margins and pay yourself well. Also bonus your contractors often and healthily ($20-$50 bonus every two weeks) and they'll never leave.

Hope this helps...

u/MarchHill · 15 pointsr/AskMen

I bought this book. None of that Dave Ramsey bullshit. That guy's stuff is good, don't get me wrong, but it's written for Baby Boomers and Gen X'ers who are in thousands upon thousands of dollars in debt. What about the guy who's a Millennial and not in debt? Cue in this book. Written specifically for a guy like me. I read that book when I was 19 and started putting money in my own Roth IRA soon afterward, and setting up my two credit cards I had with full auto-pay every month so that I don't need to worry about missing a payment. Since then, I have never had to worry about my finances. I have never lived paycheck to paycheck. Financially, I am set and am on the way to a nice retirement before I'm 65.

u/tapt_out · 15 pointsr/cscareerquestions

GET OFF YOUR SAD HORSE MY FRIEND. There's literally never been a better time to be a technologist who wants to learn more (and get paid more).

Yes, you're struggling. Yes, you want to change. But DON'T FEEL CONSTRAINED BY YOUR DEGREE. Draw on the experience you've had and look for new challenges. You certainly don't have to be a manager if you don't want to be.

if you think theory is holding you back, there are AMAZING online classes - online algorithms classes from Stanford/MIT. (The Stanford one is more of a refresher on basics). If you're finding that algorithms are holding you up in interviews, then read "Cracking the Coding Interview,"' cover to cover.

EVERYONE is looking for great technologists right now. Our company (untapt) is US-based, but feel free to message me with questions.

u/scooterdog · 14 pointsr/financialindependence

Qualifications: grew up in a very modest (i.e. lower) part of town, parents worked in blue-collar professions, and started buying a rental property in the 1960's, then dad passed away (with four kids). Now definitely intergenerational wealth, all kids went to college in STEM, parents in their 90's (step-dad helped build up RE holdings to 36 units) with holdings in the 8-figures. No I haven't inherited any of it (yet) but well into middle age myself, make very good money (and will leave it at that), and have a few RE holdings.

> I'll have manager experience. I'm also reading a book called "real estate investing for dummies" and I just finished "rich Dad poor Dad"

Good for you, I didn't start reading books on anything finance related until well into my 20's, and then I read a lot of very good books. I don't think much of Kiyosaki, frankly, but as Brian Tracy said 'to earn more you must learn more'. So don't stop, keep on reading, and especially books over blog posts and short pieces. Why? Books will have more complex ideas and more research to back it up.

Regarding your game plan: you did not indicate what you are interested in doing, and what you do well, and what people will pay you to do, and what the world needs. Take a look at this ikigai graphic. Not sure if you know that welding or sales is this for you, and of course there are other things you may grow into. But hey if you have a good idea that this is the path you want to take, good for you!

I came here to say about sales, few salespeople are on Reddit, they are very busy making lots of money to talk about it. In my own (technical) sales field base runs from $65K up to $120K with another 40% commission, but you need to have the right background (STEM college degree, experience as a customer, and aptitude for outside sales) so barriers to entry are high. So yes, six figures in your late 20's is achievable, and it does take a lot of hard work, no doubt!

Of course owning your own business as a contractor, or becoming a top welder, or tons of other things you could do, I know of plenty of people who do very well.

Regarding the end goal, admirable, and I say your thinking is in the right place. The road to FI is varied - real estate is a very good method (the way my parents went, they bought low and held onto their properties in a HCOL area), investing into index funds another good method (again read books like Boglehead's Guide to Investing, or another favorite of mine on the sidebar called The Richest Man in Babylon) The amount these books can make you over five or ten years is a lot. Over 15 or 25 years is huge.

> Even if I don't get to enjoy it

I see many piling on here saying 'you should enjoy it' but I didn't interpret this comment in that way. You realize it's a road not many take (too many live way beyond their means, and don't have savings / passive income / true wealth to show for it). Yes there's sacrifice, and it takes a long time to build up $1,500 in monthly passive income much less $15,000, but people do this and often you cannot tell. (For example, look up the book The Millionaire Next Door.)

Are you on the right path? Definitely YES. The path to financial independence starts with a mindset, and the fact you are asking the question puts you out in front of all the peers of yours who are thinking about lots of other things, which you know all too well.

Will you make mistakes along the way? Of course, we are all human. The important thing is mindset, and the great thing of being younger is that you have time to make other choices, and learn along the way.

u/nyct0phile · 14 pointsr/statistics

Humans are not intuitively good at probability and statistics, because of numerous cognitive biases. -Thinking: Fast & Slow

u/Bulletproof_Haas · 14 pointsr/wallstreetbets

Realize that you always need to be learning and taking in new information. You will never "master" the market, nobody else has mastered it either, so take others' opinions with a grain of salt.

As much as people joke around here it can be a good way to spur new thought. If someone says the market will crash in 3 days? Why? Do you agree? If so, why? What data can you come up with to support that? (Etc, etc). Your goal should be to become knowledgeable enough to look at the economic landscape and come up with a personal opinion about what will happen next.

Once you have an informed hypothesis on what will occur then you make investments based on those convictions.

u/throwbubba1 · 14 pointsr/investing

Read. All the famous investors started reading at a young age and read ferociously (ok maybe not all but most).

Go to the library if you can, they generally will have all the quality investing tomes, without some of the "get rich quick manuals" which only benefit the authors.

Here is a few books to start with:

u/donkawechico · 14 pointsr/personalfinance

Go to and open an individual account (or in your case, a Roth IRA account as well). You'll wire money into this account from your bank, and then you can use their interface to purchase shares in any stock you want.

Do NOT buy individual stocks (like AAPL, GOOG, etc). You CANNOT predict what stocks will go up or down, no matter what the "pros" tell you.

You CAN predict (with reasonable confidence given historical data) that the market as a whole will go up 5-7% annually when averaged over 30 years.

If ONLY you could buy shares in the entire market! Wait. You CAN! With these special kinds of stocks called Index Funds which are themselves a large collection of stocks designed to go up and down with the market.

But the market is still volatile and risky. That's why you should also invest in bonds which are lower risk, but lower yield. Rule of thumb is that you should invest your age as a percentage in bonds (if you're 30, 30% of your portfolio should be in bonds). Reason being you don't want riskiness when you're a couple years away from retirement.

If ONLY there were a type of fund that would AUTOMATICALLY adjust your bond holdings as you age. Wait. There IS! With these special kinds of Index Funds called "Target Retirement Funds". Simply buy into the fund for your retirement year, and the adjustments will happen for you as you age! For example, I plan on retiring in 2050, so I have shares in VFIFX.

Now, you can buy as many shares as you want in an individual account, but when you take the money out, you're going to get taxed significantly on your gains (capital gains tax). You can avoid this tax hit by buying your shares from within a Roth IRA account (as opposed to an individual account). There are a lot of restrictions on these IRA accounts, but when you withdraw money at retirement, it will not be taxed (if it's Roth rather than a Traditional IRA).

Lastly, do yourself a massive favor and read this book 8 times: The Boglehead Guide to Personal Investing. I was just like you last year. I read that book, and hung out here in /r/PF, and now I have a fully-implemented retirement strategy.

u/zip_zap_zip · 14 pointsr/Libertarian

Hey eggshellmoudling! I'm at work so I can't pull up many references, but I'll see if I can help with some of your questions here.

First, the question of income inequality being a threat, and how it relates to redistribution. I definitely agree with your assessment of the last answer. It was more of a condonement of wealth redistribution than an explanation of the problem we (saying that as a libertarian, but I don't speak for all of us) have with calling income inequality a threat. In and of itself, wealth inequality is simply a consequence of how society is working. I think that a good argument could be made that inequality IS a threat in a system like we find ourselves in now, because money is so closely tied with power and rich people can use their money to influence the government and get richer. However, a small percentage of a population being incredibly rich isn't inherently bad. As long as they have come across their money in a fair (loaded word) way, as in without coercing or tricking people, they have given enough to society to merit having that amount of wealth. The only potential threat, which is a pretty minor one really, is that they don't spend their money responsibly. If, for example, they use their money to pay every person in the world to stop working, they would disrupt every market and people would starve to death. A more realistic example might be hoarding it in a place where it isn't effectively invested. If they are using the money to invest in other industries or employ people for tasks that add wealth to the system, which almost every rich person does, they aren't hurting anyone by simply being rich.
As far as redistribution goes, we believe that the current amount of inequality is heavily aided by things like redistribution of wealth and government regulations. For an example of that, say a really poor person finds out that they have a knack for orthodontics (not sure how they found that out :p) and that they could help a lot of people and make a ton of money practicing it. It wouldn't matter at all in today's system because they would be restricted by the barriers of entry to that field established by the government. Like I said before, you can argue that wealth inequality is bad right now, IMO, because the rich are so easily able to use their wealth to keep the poor poor through government coersion, which is unfair to the poor.

Second, how do we address the problem of a tiny minority controlling the wealth and allow people like you to thrive? I don't think you'll like my answer to this one, but please understand that I'm trying to be respectful and if anything comes off as rude or condescending I apologize. One way to think of wealth is as a big pool. Production adds wealth to the pool, and by adding to the pool people are allocated a certain portion of the pool. It might help to say this simple truth: there is only as much wealth in the world as is produced. That sounds simple but has huge implications. Mainly, it means that if everyone is doing the thing that they do most effectively, society as a whole benefits from a bigger pool. Now, back to your question. I have addressed the first part already, but when it comes to people that are trying hard but aren't getting a big enough portion of the pool, the fundamental reason (in a market society) is that they aren't contributing enough to earn a bigger portion. They are contributing less to the wealth of the world so they don't get as much wealth themselves. The ways to fix that are to either (1) grow the entire pool or (2) find a new way to gain more of the pool, thereby contributing to (1). That being said, I would be willing to bet that your situation is entirely different from that. For example, I highly doubt that you would feel maxed out on effort, talent, and luck if there weren't so many boundaries set up in society today.

I rambled a bit there but hopefully it was helpful. Let me know if you have questions about anything. If you are interested in why we (or at least I) believe that our system would be the best for every individual on average, I would highly recommend reading Economics In One Lesson or Capitalism and Freedom (this one is a little more difficult). They lay everything out very logically and had a huge impact on my belief system.

u/jwilke · 14 pointsr/AdviceAnimals

Check out Henry Hazlitt's "Economics in One Lesson." It does a great job of offering counterpoints to false ideas people have and express in mainstream news outlets and on Reddit.

I think modern economics, at least in the US, is a bastardized system of what a free market should be and is instead, corporatism. In a pure free market, economic progress should look like a sine wave with peaks and troughs. Some good times and some bad times but with a slightly upward trend for growth.

The problem in the US is that politicians don't want there to be a trough during their term because it gets in the way of their only goal: to be re-elected. So, elected officials provide subsidies to certain industries to prop them up until the next election. Through these subsidies, government picks winners and losers instead of the free market.

Over time, leaders from government and leaders from corporations switch back and forth, through bigger campaign donations or bigger subsidies. This is why you see people from Goldman Sachs or Monsanto getting jobs with the Federal Reserve or Department of Agriculture, and vice versa.

To answer your question, enough time has gone by that the biggest players in the private industry are given government allowances that make it impossible for out-of-favor firms to compete.

Paul's policies break this up. If the Department of Education is gone, then local school districts may choose who supplies their school lunches, leaving the big supplier who has donated millions to the DOE officials without their guaranteed contract.

Also, reverting to the gold standard would be really tough for our economy due to it's size, though not impossible.

Hopefully there are others in this thread more knowledgable than myself who can chime in.

u/Pilebsa · 14 pointsr/politics

here's the book Manufacturing consent.

u/SoftandChewy · 14 pointsr/samharris

One of the things I loved about this piece is how he revealed two very sneaky statistical tricks used by those pushing the narrative that the science is against the memo. I'm as much of a sucker for seemingly solid statistical claims as the next guy, so I really appreciate having my eyes opened about how misleading they can be.

(Yes, I'm familiar with the Twain/Disraeli quote and this book too.)

u/theredmanspeaks · 13 pointsr/politics

That Piketty book really is a fascinating read though. For those interested, it's called 'Capital in the Twenty-First Century''. It covers lots of basic economic tenets, and makes a good case on his global capital tax theory, which seeks to quell the issues inherent with Capitalism that give rise to an increased disparity in income and wealth distribution.

Good food for thought.

u/elliotbot · 13 pointsr/cscareerquestions

> I was wondering if a DS course was necessary to do well on Leetcode problems


u/nonanonoymous · 13 pointsr/UofT

Someone that hires first years here [1]:


I can only speak from the perspective of a smaller company, but I have several suggestions, some of which may be more applicable if you're going to apply to somewhere with less than 100 employees:

  1. A good resume is a must, this is a template that I recommend, keep it one page or less Make sure you get someone else to proof read, because it's a HUGE ding to your 'getting an interview' score if you have obvious typos in your resume.

  2. Some things I look for are open source contributions (github links are very valuable), even if they are just documentation changes. [2]

  3. Also, make sure you include your full (legal) name, phone number, email, and mailing address. Some people don't do this and I probably won't bother emailing you to ask you for those details if you don't include them.

  4. Even if you don't have any personal projects, have taken CSC240, CSC236 or CSC207 and having >80 usually means that you'll at least get an interview as a first year, but larger companies probably won't know the significance of having taken 240.
  • If you want an internship at big-4, you will probably need to talk to an on-campus recruiter at somewhere like YNCF, or have an internal reference. I don't know anyone that even got an interview as a first year except for within those means.

  1. If you've placed in a hackathon or have interesting (or challenging, and well put together) personal projects, that's also good enough to at least land an interview at my company.

    Cover letters

    Some companies will care about cover letters -- I personally count it as a negative if you include a cover letter that is obviously templated:

    Dear hiring manager, I see you are doing [some random thing copied from our website] and I am myself very passionate about [that thing]...

    If you are actually reaching out specifically to join my company because you know someone else that's worked here, or you've used our product and want to work with us for that reason, a cover letter is probably appropriate.


    Interview in as many places as possible. There are really only two things you should be focusing on as a first year: Cracking the Code Interview, and not being too nervous.

    Seriously. Buy cracking the code interview [3], and spend a week or so solving problems and learning memoization / pointer manipulation / dynamic programming. You'll be SO much better off.

    I find that if you think of every interview as "interview practice for when it matters in later years" you will not be so nervous as a first year. Expect to not know the answers to some questions, and just explain what you are thinking to get "part marks." Freezing up looks much worse than going down the wrong path with confidence.


    [1] I'm CEO of ParseHub -- you can contact me at [email protected]

    [2] I also do optional lectures for CSC207 on Fridays noon-1PM @ BA1200, one of which will be on how to make open source contributions. Feel free to email me if you want to come.

    [3] It's available on amazon

u/Apetn · 13 pointsr/AskSocialScience

For intro sociology, I'd recommend some preachy nonfiction. They are written for laymen but introduce the sociological style of approach. Something like Fat Land or Uninsured in America.

Freakanomics is not exactly sociology, but could be an interesting read for someone interested in social economics / group behavior. Jonathan Kozol is a reporter, not a sociologist, but his stories mix investigative reporting with a human element to focus on topics of interest to the field of sociology. I remember Nickel and Dimed also being a good read.

The Spirit Catches You and You Fall Down is not a book about sociology, but rather a specific example of culture clash within the context of medical care. That being said, it is a big reason why I decided to become a social worker (which is a profession in line with the two fields mentioned in your post).

A Place at the Table is a movie that might fit the bill.

Note: I'm American. I imagine other places would have different topics of interest.

Edited: add movie and fix format

u/Kriegenstein · 13 pointsr/Bitcoin

Investing in cities via Municipal Bonds is the very essence of value investing, just on a scale that isn't related to a company.

The rest of your mess of a point has nothing to do with his investment philosophy. He makes money where he sees value. How he defines value would require a few weeks reading on your part, so get to work:

u/parastat · 13 pointsr/Entrepreneur

You inspire me.

Fellow Vancouverite here (19). I see a lot of myself in you (which is why I'm replying) but in the opposite situation: we always lived comfortably. Either way, that drove me to the same motivation and has since I was little; I've always been an entrepreneur, and I bet you will be too.

Here are a few principles I've compiled over the past 10-ish years of my passion for business:

  • Be great to do great. Put an emphasis on developing yourself and your skills (especially communication and leadership, drive and productivity, and the ability to learn quickly). You can consult all the resources you can, but there's nothing like:
  • Putting yourself in uncomfortable situations. By that, I mean sign up for and attend things you wouldn't expect yourself to attend; start a project, invest 100% of your time in it, and think big; do the unconventional.
  • Be fucking audacious. Identify goals, make them visible, and break them. Don't let friends, family, relationships get in the way of what you want and when.
  • Surround yourself with people that push you and reframe your perspective every month. I review often and ask: "who is the one person in my social circle that lights a fire under my butt?" Then I spend more time with that person and seek similar people, and re-evaluate. you are the average of the five people you spend the most time with.
  • A specific one: don't take a bachelor of commerce. That was my mistake. Technically-skilled people are way more valuable because that teaches you how to create; I did 1.5 years in BComm at UBC and discovered that they only teach you how to take instructions.

    You asked for actual resources:

  • Know yourself: Take a Myers-Briggs Type Indicator test and read up on your type, strengths and weaknesses.
  • Also, find a mentor. A 1-to-1 connection with someone you can go to and ask these awesome questions without hesitation is so much more valuable than a Reddit thread.
  • Entrepreneurship: Though I've never had my own startup, Lean Startup changed the way I think about every one of my life endeavours.
  • Economics: I'm studying Economics @ UBC, and the Economist is one of the best publications - period - regardless of discipline. It gets you thinking about problems. And problems are where entrepreneurs thrive.
  • Creating, building, and seizing opportunities: Do a little "design thinking." By that I mean go to Chinatown and walk around the homeless population -- even ask them questions ("I'd love to hear your life story"). When you immerse yourself in the real world with real problems, you start to find solutions you can't think of in your bedroom. Then, scale up. If you have an industry you want to hit, do the same thing. Immerse yourself, learn stories, and find problems.

    I'm missing so much but I have to go. Hit me up if you ever want to chat and I'd love to help you however I can. People like young, ambitious, driven people. So go start talking to people!
u/Decker108 · 13 pointsr/Python

Creating a unicorn isn't just taking a horse and waving a magic wand over it to have it sprout a horn and a billion USD valuation. It takes willing investors, a market that fits the product, a solution that fits the market and company whose employees (at all levels) know what they're doing. Oh, and also a bit of luck.


What I mean is, it's quite possible that someone has tried before but lacked one of the above four prerequisites.

u/ductyl · 13 pointsr/financialindependence

I highly recommend The Bogleheads Guide To Investing, it definitely gave me the understanding and confidence of index investing, plus, it's great to lend out to other people when they show interest in the topic.

As for how much of your starting income to set aside, the most important part is just to start it, and automate it.

  • Start a Roth IRA at Vanguard
    • Roth IRA because your starting income is likely to be fairly low, which means you'll be in low tax bracket, so it's better to pay taxes on that money now, rather than when you withdraw it (which is how a Traditional IRA works)
  • Set up an automatic transfer that happens after every payday
    • Note that you'll need to be confident the money will be there, so if you work for a smaller company where the paydays sometimes "drift", you might want to set up the automatic withdrawal to occur 1 week later than you expect to be paid
    • Also note that the Vanguard automatic withdrawal is often delayed by several days, I wound up setting up a separate checking account for it to withdraw from, and I have my normal checking account automatically transfer the money into my "investment checking account" each payday, that way I don't have to worry about whether my main checking account balance is before or after the Vanguard autoinvestment occurs
    • Choose an amount that makes sense for you, don't starve yourself, and don't frugal yourself out of fun... you are young and should still enjoy life, personally I recommend that people start with something like $50 each paycheck, but that obviously depends on how large your paycheck is, you can always adjust this later, and obviously you can make manual deposits to the Roth IRA if you have extra money you want to invest

      Note the below is just my recommendation for what I would do if I were just starting out, you should absolutely determine your own investment strategy and risk tolerance (although you are young, so you can afford to be more aggressive than someone closer to retirement)

  • Stage 1: (Optional) Every once in a while you can go into your Roth IRA and purchase the VTI ETF when you have enough in your Money Market Settlement Fund to buy a whole share.
    • Unfortunately you can't set up automatic purchase of ETF funds, so you'll need to go buy shares manually while you're in this stage
  • Stage 2: Once you have $1000 in your Roth IRA, invest it into whatever the farthest out Target Retirement fund is (when making the purchase transfer from any ETF shares if you purchased any previously), currently it's their Target Retirement 2065 fund, this will get you into the market, with roughly 90% stocks and 10% bonds
    • You can then set up future automatic transfers to automatically buy more of this fund
  • Stage 3: Once you get to $3000 in your Roth IRA, you can then invest in VTSAX (transfer from the Target Retirement fund to VTSAX), which is the banner fund for low expense ratio index funds
    • Update your automatic investment to go into this fund
  • Stage 4: As you build more and more money in your Roth IRA, you can start to diversify your holdings based on your investment plan, find other funds that match your strategy and see what the minimum investment is (most are either $1000 or $3000), and when you have enough in VTSAX where transferring the minimum investment to a new fund makes sense, you can do so
    • Update your automatic investment to contribute appropriate percentages to each fund, depending on your investment strategy

      Just to cover all the bases here for starting out:

  • You should also be saving up money for an emergency fund, it's up to you to determine how much makes sense... if you're still on your parents insurance, and you can count on them for a safety net, you can be a little slower at building up this emergency fund
    • - Note (Advanced strategy): There is another benefit to the Roth IRA that I didn't mention above, which is that you can withdraw your contributions (but not any gains those contributions have made) from the account at any time, without paying an early withdrawal penalty or taxes. This means that you can technically use the Roth IRA to cover emergencies.
      • It's not "best practice", because you don't want to be pulling funds out of your retirement to cover emergencies, however if you have to choose between an emergency fund or contributing to a Roth IRA, I strongly recommend contributing to the Roth IRA and leaving the enough funds in the Money Market Settlement Fund to act as an emergency fund if you need it. This way you still have access to the money if you need it, but you're also getting money into the Roth IRA while you can. The $6000 yearly contribution limit seems like a lot now, but later in life you'll (hopefully) start maxing it out every year, so it's better to get the money in now and hope you don't need to take it back out then to leave it in a checking account where you might struggle to get it into a tax advantaged account later.
      • You should still make sure you have enough of an "quick access" emergency fund in a regular checking/savings account to cover immediate problems (overdraft on main checking account, need to fill up gas right before a paycheck, unexpected costs, etc.), as transfers out of your Roth IRA may take up to a week to show up in your checking account. Obviously you should also work towards eventually building a full emergency fund outside of your Roth IRA so that you can invest that money, rather than holding it in the money market fund, but when you're just starting out the Roth IRA can be a powerful place to keep the emergency fund until you can afford to contribute to both.
  • In case you wind up at a job with a 401k match that you can participate in, you should participate in the 401k plan and maximize the match that you can get from your employer before you add money to your Roth IRA (but only after you have your emergency fund, since it's a lot harder and more expensive to try to get money from the 401k than the Roth IRA), this is basically "free money" that is considered part of the compensation you receive from your employer, so you definitely don't want to leave it on the table if you can help it.
    • 401k plans vary wildly, but generally speaking you're looking for index funds with low expense ratios. Since every 401k is different, you can always reach out (either here or on Bogleheads forums) for advice on your specific plan options.
u/fresheneesz · 13 pointsr/Bitcoin

China's authoritarian directives have absolutely pushed it far ahead of the squalor its previous authoritarian regimes had perpetuated. Its really flabbergasting to me how people point to this as a positive for china-style authoritarian regimes. Even more stupid is the people that try to say China has a new form of government. They don't. Its basically a dictatorship.

Countries with authoritarian regimes can certainly have massive growth between huge valleys of economic stagnation or collapse. You should read Why Nations Fail by Acemoglu and Robinson. They have a very clear and well supported theory on the effects of government institutions that explains china, russia, the US, and all the rest:

And lastly, democracy vs non-democracy is not a binary thing. Russia, for example, has a "democracy" but very little real representation of its people. India has a similar problem to a far lesser degree. And so does the US for that matter. Democracy is new and something we still have to improve on. But the economic effects a democracy has, of causing sustained but slow growth, are far better than the massive economic swings and generally far lower economic prosperity of authoritarian countries.

u/rogelius · 13 pointsr/cscareerquestions

I am going to give my perspective, but as always, your milage may vary.

>When and how did you start?

I didn't start programming until I started in college. I knew I was good at Math, and good at Science, and that I was interested in Computers. I pursued a CE degree (I was 18 at the time), and am now pursuing a Ph.D. in CS. My wife started her CS degree 1 year ago (she's now 25), after being dissatisfied with (and subsequently abandoning) a degree in Marketing. For the sake of mentioning it, we both started with Java.

My real point is: I don't think it's ever too late to start. If you're sincerely interested, your passion will take you far.

> What are some daily things you do that drove/drive you to your goals?

I consider programming a type of carpentry, and so, I strive (and don't always succeed) to program as much as I can, in as many languages as I find interesting. So far, I've programmed in Java, Python, Javascript, C#, C, Objective-C, and Lisp. It can be daunting to learn new programming languages, but I wouldn't worry. I got around to playing with each one because I found they were good tools for things I wanted to do. In academic circles, I believe that's called "project-based learning," where you learn as much as you need in order to complete some project or task.

> What books do you recommend, ones that have had a huge positive impact in your professional career?

I absolutely love the Head First series, and it made me value my own unique learning style (which in turn led me to discover that I learn better through projects). I own 6 Head First books, and I absolutely love each and every one of them.

My wife recently discovered (and I also really enjoyed) the book Cracking the Coding Interview, which is a concise review of the fundamentals of programming, as well as very good guidelines for doing well in your coding interview.

> What advice do you give to junior programmers that want to plunge into open-source community but are just overwhelmed by the amount of complexity in most of this projects?

If you're just starting out, I would start your own project to do something you want to do. The chances are that, in doing so, you will leverage someone else's tools, and in turn, you may discover that a tool you're using...
...has an obscure bug, or
...would be really great if it had this one other feature

You then contact the project lead (or project board of directors), and state your case, and then...BAM. You're an Open Source contributor.

> Which work-related fields are you most interested in?

I am a fan of artificial intelligence, and I think it's the bees knees. I also do game development, which I enjoy very much.

> What was your first big investment after your degree?

I bought a car, mostly because I needed it. Bear in mind, I am on a graduate student salary, which isn't necessarily the most financially rewarding position out there.

If you have any other questions, or if you would like me to go more in-depth into some of the previous questions, do let me know. :)

u/xfoxyx · 13 pointsr/cscareerquestions

CTCI the "holy grail" of interview prep in this subreddit :)

u/ErnestPwningway · 13 pointsr/todayilearned
u/Kortalh · 12 pointsr/Anarchism

I don't know if you can attribute it entirely to apathy. Lots of Americans are kept too busy -- worrying about their jobs and other immediate needs -- to the point where they can't pay attention to politics beyond what they get on the evening news.

And as long as stories like this don't make it onto the evening news, they'll continue thinking society as a whole is alright and they're just unluckier than most.

Check out Noam Chomsky's "Manufacturing Consent": -- it may be 25 years old already, but it's still dead on.

u/BJHanssen · 12 pointsr/WikiLeaks

The error comes from focusing on the wrong filters. The "liberal media" is a thing (in two ways, really, but let's focus on the one people generally refer to) when you look at rhetoric. This can be determined through linguistic data analysis, which Seth Stephens-Davidowitz did in his book Everybody Lies. One of the interesting things he shows there is that the rhetorical bias varies not by ownership, for instance, but mostly through the dominant political leaning of the area in which the paper (which was the focus of the study) is sold. That is, a news outlet's rhetorical bias depends on its audience, not its owners.

This analysis is useful, but there is a glaring problem with it: In focusing on rhetoric, it ignores actual policy advocacy and, importantly, publication bias. And that's where the owners have influence. As long as the policy advocated agrees with the owners (and the media's inherent structural biases, re: the Herman-Chomsky Propaganda Model), how it is presented (the rhetoric) only matters to the extent that it influences revenue. And anything that is counter to these interests, will be ignored.

So, yes, there is a "liberal media" (and they're actually fairly dominant). Problem is, they are liberal in rhetoric only (and sometimes in actual policy, depending on what you mean by 'liberal'). What the media doesn't tell you is usually much more important than what it does.

u/adrianmendez16 · 12 pointsr/berkeley

This reminds me of the book "How to Lie with Statistics"

Manipulating stats is quite easy, but how many people are really going to investigate how they collected those stats.

u/elmexiken · 12 pointsr/teslamotors

Actually they do....

Also, you have anecdotal evidence, which is not much evidence at all.

Thirdly, this is a repost.

u/he3-1 · 12 pointsr/AskEconomics

> They source the OECD report.

They source data from OECD and WHO and then do this.

> Well it's not better than other countries health systems,

Again based on what metrics?

> and it cost more

Is the French system worse then the Sinaporean system because France spends more?

> I think it's a stretch to say it performs as well as it could.

No healthcare system performs as well as it could. Even if we could rank efficacy position would be irrelevant from a policy perspective, you still need to improve even if you are ranked first.

u/derpinsteins_monster · 12 pointsr/sysadmin
u/Bilbo_Fraggins · 12 pointsr/raleigh

Problem gambling has nothing to do with being stupid. Human decision making just doesn't work like that: I'll point you to one of the better cognitive science/behavioral economics books to come out recently if you're really interested in understanding more how people actually make decisions, or if that's too long, perhaps a short TED talk to whet your appetite?

The gambling industry employes cognitive science findings to entrap people. You can't really understand the problem with gambling until you understand our biases and how limited our decision making ability really is.

Problem gambling affects all socio-economic classes, but those of us with more money:

  1. Have more opportunities for hedonic pleasure. Things with bad long term effects like smoking and gambling affect the lower classes more because they are accessible to them, while many other forms of hedonism usually aren't.

  2. Can absorb the impact better. If I lost a thousand or two over a year, I'd have to cut back on a few other things but I'd still be ok. If I was much closer to the poverty line, that same amount would be devastating.

  3. Do not tend to suffer from ego depletion as much. The poor tend to live more stressful lives, and those burn them out from being able to make as good decisions. citation

    Once you understand behavioral economics and the place of gambling in the world, it's much harder to just leave it alone. That's why we have the laws we do.

    On the other hand, all of that is somewhat unimportant to the discussion at hand. ;-) The point is we're attempting to enforce laws created for the sole reason that rich people don't like having to deal with poor people hanging around in public places, while not enforcing rules that demonstrably positively affect the economic situation of poor people.

    (edit: Added ego depletion w/ citation)
u/garythegabber · 12 pointsr/worldnews

If you actually studied propaganda systems you would know that the West's media, especially UK's, and USA's are by far the most unified, most biased, and most selective of topics to cover in the world. It's a lot harder to ban the publication of certain articles or views than to make it in the media's interests to publish them - in this case they will do it themselves. And most of these media-owning corporations are interested in the American corporate power and increasing it. Also, even though, in America there seems to be a lot of different media organizations, almost all of the media consumed comes out of a few corporations. As a Canadian who has studied in Moscow I can say that there is a lot more political 'dissent' and debate in Russia than in the West, sure there are some obviously biased media organizations like RT, but these are few and there are a lot of objective and highly Putin-critical media organization in Russia. There are also many more political and social factions in Russia than in US or Canada that regularly appear in the media, in both bad and good lights.


Corporations owning the media:

Presentation and analysis of Western propaganda systems:

Article describing the bias of the western media in the context of the current Ukraine crisis:

Let's be honest your entire perception of Russian media as being monolithic and pro-Russian gov is based on what you've heard from Western media.

u/John_Yossarain · 12 pointsr/JordanPeterson

I'd recommend reading many sides/perspectives so that you can formulate an independent mind and not just be a mouthpiece of some economist's ideology. For instance, I disagree with a lot of Marx, but I think his materialist critique of history and his critique of capitalism are very useful and a lot of it is correct. His solutions/recommendations are shit, but that doesn't discount his contributions. My recommendations:

Generally Considered Right-Leaning Economics:

Henry Hazlitt, Economics in One Lesson:

F. A. Hayek, Road to Serfdom:

F. A. Hayek, The Fatal Conceit:

Adam Smith, Wealth of Nations:

Frederic Bastiat, The Law:

Also read: Thomas Sowell, Milton Friedman, and Ludwig Von Mises

Generally Considered Left-Leaning Economics:

J. M. Keynes, The General Theory:

Rosa Luxemburg, The Accumulation of Capital:

Rosa Luxemburg, Reform or Revolution:

Also read: Marx, Engels, Lenin, and Trotsky. Modern day Left/Keynesian economist is Paul Krugman.


Emma Goldman:

u/johncheswick · 12 pointsr/investing


Updated version for Kindle through Amazon

It's a solid starting point. At times it feels like a sales pitch for Vanguard, but it's still not bad advice. It does have good info on the basics though.

u/shiinee · 12 pointsr/girlsgonewired

I don't think I could do a mock interview exactly... not sure that would be kosher. But I can definitely offer you some tips from my experience with both the intern and full-time interviews.

How to prepare:

  • Study algorithms and data structures as much as you can. Google doesn't ask the type of questions where the answer is just "a hash map!" or "depth first search!". But those things will be the building blocks of your solutions, so know your tools.

  • Pick a language you're comfortable in ahead of time. Python is my favorite for interviews, since it's pretty terse and clear. But you can pretty much choose anything. The coding questions aren't language-specific.

  • Take some problems from a textbook or something and practice coding in a plain text document, or even on paper. No IDE, no compiler, no running your code, etc. You won't have any of those tools in the interview, so you should practice without them.

  • If you can beg, borrow, or steal the book "Cracking the Coding Interview" and read it in the next two weeks, do it. The author, Gayle Lakmann McDowell, worked at Google, where she interviewed a ton of candidates and was on a hiring committee. She also has an interview prep website, CareerCup, which I haven't explored.

  • There are some YouTube videos going through the interview process and providing some tips. I linked two but the "Life at Google" channel has more.

  • Feel free to ask the recruiter if there's anything in particular you should study or how you should prepare. They really want you to be ready and do your best, so they should be happy to guide you in the right direction.

    How to interview:

  • Take a deep breath first! (literally... you can mute for a moment so you don't sound creepy.) You can do this. You've studied for this and you're ready. Once you've got a problem in front of you, stop thinking of it as an interview at all. It's just coding, and that's your thing.

  • You may get a few easy questions first, but sooner or later you'll be faced with a problem you don't know how to solve. That's exactly as intended. The interviewer wants to know how you approach a hard problem, to get an idea of how you think. In fact, solving the problem is not necessarily the goal.

  • Ask for clarification about the problem. What does the input look like? What does the output look like? How big is the data? How should you handle a certain edge case? The interviewer will be happy to answer, in fact, sometimes the problem can only be solved by asking the right questions first.

  • If you're stuck, your interviewer will likely toss out a hint or nudge you in the right direction. Definitely pay attention to that hint, because the interviewer is honestly trying to help you succeed.

  • Think out loud. As long as you aren't typing, describe what's going through your head. "Well, the naive solution for this would be [...], but that would take O([...]) time, and I think I can figure out something better..." The more you say about what you're thinking, the easier it is for the interviewer to help you. Having been on the interviewer side, it's really hard to think up a hint for someone who's just going "hmmmmmm" over an empty doc.

  • No matter how interview #1 goes, you have a clean slate with interview #2. So stay calm, and whatever happens, let it go and focus on the next problem.

    What's next:

  • For interns (at least when I was an intern), they don't do onsites. So this is the main part of the interview process that is basically intended to assess your technical abilities. If it goes well, the rest will be placement interviews where you'll talk to potential hosts and try to find a good fit for an intern project.

    Good luck!! It's always really exciting for me to hear about young women applying to Google. Hopefully I'll see you rocking the propeller beanie this summer. :)

    P.S. I love your username. Avocados are amaze balls and I don't know what I would eat if they didn't exist.
u/Revocdeb · 12 pointsr/learnprogramming

This book helped me: Cracking the Coding Interview: 150 Programming Questions and Solutions

It goes over data structures and algorithms as well as many other common questions.

u/Gunner3210 · 12 pointsr/cscareerquestions

I have been through 3 Microsoft Internships and am currently a full-time employee there.

First of all, congrats on securing the interview. 5 days might be a little tight. But I would recommend you take all 5 of those days off from school and study these two books thoroughly:

  • Programming Interviews Exposed
  • [Cracking the Coding Interview] (

    You must study these books and the problems in them very carefully. The basic data structures such as lists, arrays, stacks, queues, trees and hashtables - you should know these and associated algorithms like the back of your hand. You should be able to produce code for algorithms such as inserting to a list or searching through a tree in a few minutes. Most problems can be solved by using a specific data structure and some associated algorithm.

    You will most likely have 2 back-to-back 45-minute interviews. Both of these will be highly technical and focused on algorithms and data structures. Typically, you will be presented a problem. For example: determine if a linked list has a loop or not. You must then come up with a solution to this problem and be able to explain the algorithm to the interviewer. You should also be able to quickly analyse the time and space complexities of the algorithm. Finally, you will be asked to code this algorithm. Here, knowing a specific programming language is not important. So put down your C Programming Language book and start reading the other two I have listed. You can code in pseudocode. The syntax is not important - only the algorithm.

    If you manage to do all this in less than 20 minutes, you will typically be asked to answer an extension to the same problem. For example: Find the exact node where the list loops back on itself. Then you repeat the same process and solve this modified problem. Alternatively, you may be asked to describe yourself (small-talk). However, these HR style questions have very little impact on your result.

    If you are ever stuck, you can always ask for clarifications from the interviewer. The interviewer will also provide hints if you seem to be struggling. Always think aloud as this will allow the interviewer to stop you from thinking in the wrong direction. The second interview will go the same way but with a different interviewer and problem. Remember to ask when they will let you know of the interview result.

    After you have studied your books, go through glassdoor/careercup and search for interview questions. Sort these by date and learn the latest ones thoroughly.

    If you managed to do everything right, you should be invited to Redmond to do your real interviews. Good luck!
u/ijustneedausernameee · 12 pointsr/raisedbynarcissists

Your parents are ridiculous. You're smart to want to know about finances while you're still in college. I'll bet few of your classmates are doing this.

Here's a good list of resources for money stuff:

  • To find out what loans you owe, request a free credit report from You can get a free report a year from each of the 3 credit agencies, so ideally you can get another report every 4 months. Or shell out a small fee to get a report every month. The report will list out all the debt you owe and who you owe it to. This is also a good way to make sure there's no identity theft going on and no one's taken out debt in your name.

  • Check your credit score for free at CreditKarma. A good credit score means it's easier to get approved for credit cards and loans, which comes in handy when you're buying a car, getting an apartment or buying a house. Not only that but you'll pay lower interest fees which means you save a ton of money in the long term.

  • I will teach you to be rich by Ramit Sethi. Still one of the best books around for understanding money, especially for college students and 20 somethings. Good resource for learning about student loans, bank accounts, credit and investing.

    Keep talking to your financial aid officer and don't tell your parents anything. Play dumb until you're out of their house for good. They're freaking out over losing control of you.
u/debteater · 12 pointsr/financialindependence

Anyone have any book recommendations for a 26 year old? No topic in particular, not necessarily financial/business or otherwise, just any suggestions?

I'm currently reading:
I'm not far into it, but it's basically on how to properly apply mathematics and logic to problem-solving. It's not exactly a new strategy for life or anything, but it's probably a good idea to read if you're analytical. I got it off Bill Gates reading list.
Found through the reading list- This one I've finished and can't recommend enough. It's from the 50's and it's intended reader were investment bankers. The main suggestion is hide yourself from bad information because you can't eliminate the impact it'll have on your decision making, and we aren't exactly equipped to know what's good or bad if we don't have experience in that realm already. It's a lot of common stuff people use stats for to push a product service policy etc.
I'm really into it. I love sci-fi. I don't necessarily love philosophy, but I'm really enjoying this book. It's hard for me to read a lot of at once but I don't ever want to put it down. The mindset of the character and narration really gets me. Since reading this, I've heard or noticed many many recommendations for Heinlein, though I'm unsure. He seems to be a proponent of fascism, but I guess he could just be writing down the fantasy of the particular fascist society he created and not necessarily saying "ya know this is how we should be" I don't know. I see conflicting things.

u/HoosierProud · 12 pointsr/StockMarket

Read the Bogleheads guide to investing. This honestly should be required reading for all Americans. The Bogleheads' Guide to Investing

u/jambarama · 12 pointsr/Economics

My two favorite books which introduce economic thinking are Armchair Economist and The Undercover Economist. They're quick reads, they're jargon free, and actually teach some of the thinking. Unlike the pop-econ books (Freakonomics and its ilk), which are simply about strange results from research (some of Landsburg's later books suffer from this problem). For an introduction to behavioral economics, you can't do better than Predictably Irrational.

For substance, textbooks are probably best unless you have a carefully chosen list of academic articles. Wooldridge for Econometrics, Mankiw for introductory macro, and Nicholson for introductory micro (Krugman's micro book is fine too). Mankiw writes my favorite econ textbooks. For game theory, I used an older version of Watson's textbook, and it was fine, but I don't know how other game theory books stack up.

If textbooks are a bit much, but you still want a substantive book, the first chapter of Thomas Sowell's introduction is very good, the rest is decent repetition. If you want a some discussion of discredited economic theories that are still trotted out regularly (like trickle down), Zombie Economics is a really fun read.

u/huppie · 12 pointsr/teslamotors

I'm pretty sure the 90D option is merely there as a 'decoy' (as Dan Ariely calls it.)

In short: Our brain tends to work with price differences in a relative fashion. The mere presence of the 90D option makes the 100D look like a way better deal. Bonus: People tend to choose the 'middle' option if possible! It's there to lure customers that think about a 90D into spending an extra $3k ("It's a way better deal!"), and lures people thinking about a 75D into upgrading to a 90D ("At least I 'saved' $3k compared to the most expensive option!")

Anyway, the book linked above (or anything by Dan Ariely, really) is well worth a read if you want to have a look into the psychology companies (or salespeople) use to get you to pay (a lot) more than necessary.

u/lampenstuhl · 12 pointsr/MapPorn

That's not true. Rural Bohemia was more advanced than rural France in the beginning of the 20th century. Read it in this book, I'll just suppose they got their sources straight.

u/josiahstevenson · 12 pointsr/badeconomics

You thinking more Poor Economics or Why Nations Fail? There's also some good stuff on urbanization's role in development in Triumph of the City which has a lot of implications for developed-world city policy too.

u/weirds3xstuff · 12 pointsr/changemyview

There are two books that I have read that have done a great deal to help me understand the dynamics that allowed Europe to rise to dominance starting in the 17th century: Guns, Germs, and Steel, and Why Nations Fail. The former talks about the geographical and ecological considerations that stifled development outside of Europe. The latter talks about the role if extractive institutions, set up by colonial powers, that remained after decolonization and prevented previously-colonized nations from developing. I can't do their arguments justice here, but if you are sincerely interested in changing your view I strongly recommend reading those books. I'll try to address your specific points:

> it seems to me that those of European heritage have made the most long-lasting and significant contributions to mankind. To name a few: space travel, internet, modern technology and medicine.

All of these marvels are founded in the scientific method, which developed during the Enlightenment. The Enlightenment has been successfully exported to multiple non-European countries, most notably Japan. So, it's not just Europeans who are able to appreciate Enlightenment values. But the Enlightenment did start in Europe. So, to believe that the Enlightenment proves that Europeans are superior you must prove that the cause of the enlightenment was the innate character of Europeans, and not any contingent factors. That is...very difficult to do. And, yes, the burden of proof is on you, here, since the null hypothesis is that the biological distinctiveness of Europeans is unrelated to the start of the Enlightenment.

> I realize Arabs of ancient times also contributed a lot in the realms of mathematics and medicine.

Yes. Different civilizations have become world leaders at different points in history, which makes the idea of some kind of innate superiority of one civilization really hard to believe. It just so happens that the Islamic Golden Age occurred at a time when it was impossible to communicate over large distances, while the European Golden Age (which we are now in) occurred at a time when communication is instantaneous and we can project military power across the entire world. In other words, the global dominance of Europeans is historically contingent, not an immutable fact of biology.

>One argument I frequently hear to counter this position is that other nations have failed to develop due to colonization and exploitation.

This is an excellent argument, and is, essentially, correct.

> if they were on the same level as Europeans intellectually and strength wise, why couldn't they have found the means to fight back and turn the tables?

Although they were at the same level as Europeans "intellectually and strength wise", they were not at the same level technologically. Europe was in a golden age, Africa, India, and China were not. Again, the key here is that the European Golden Age occurred at a time when it was possible to travel the oceans and project military power worldwide. That was not the case in the Islamic Golden Age or the Indian Golden Age, which explains why those civilizations didn't conquer the world in the way the Europeans of the 19th century did.

>Instead of Europeans doing what they've done to others, why couldn't it have been the other way around?

Guns, Germs, and Steel does the best job of explaining this. In short: Europeans were blessed with livestock that could be domesticated and a consistent climate that allowed them to produce lots of food more efficiently that other regions of the world could, which allowed them to spend more time on other things, like technology. Again, the full argument is the length of a (very good) book, so I suggest you pick it up to get more details.

u/beley · 12 pointsr/Entrepreneur

Double Double by Cameron Herald

This is exactly what you asked for - all about growing your business.

The Lean Startup by Eric Ries

This is a great framework for starting and growing a business using a scientific metrics-based approach. Love this book.

Hot Seat: The Startup CEO Guidebook by Dan Shapiro

This is a great book about founding, growing and exiting from a startup or new business. It's got tons of great advice in here about cofounders, legal setup, taking investments, and running the business in a way that facilitates a successful exit.

u/taint_odour · 12 pointsr/restaurateur

Not an affiliate link btw

E-myth Revisited

u/overthemountain · 11 pointsr/boardgames

OK, so here is my advice.

First, some background on me so you know where I'm coming from with this. I started my own business almost 5 years ago. It's a tech company, but I think I've learned enough that there are applicable lessons, not only from my work but from the other entrepreneurs this has put me in contact with. Currently my company is self sustaining, has 5 full time employees, and Fortune 100 customers (we make B2B software).

First thing - you have to be really careful starting a business around your passion. This can be an easy way to come to hate your hobby. Remember that it is a business first. While I haven't reread it in years, you might want to read a book called The E Myth which talks about starting a small business.

Second, if you're serious about this, I hope this post wasn't some sort of customer validation experiment. Of course people here are going to be interested. However, most likely no one here is an actual potential customer. I've read some of your other answers here where you've mentioned that games sell "like hot cakes" and there is no real competition and it's a large market. If you do this without any real customer validation you're going to have a rough time at best and be out of business quickly with a ton of debt at worst. Who are your customers? How are they going to know about this place? How do you know what they are willing to pay to participate? How do you know THEY want a place like this? How do you know they are actually willing to pay you money to come to this place? A good book to help understand the various ways you can gain traction is Traction which discusses 19 different traction channels and how people have put them to use to grow their business.

Can you deal with competition? Even if there isn't another business like this in the area, how do you know someone isn't working to start one? If your business is a success will someone start a competitor? Are you ready for that? What if a month before you open a competitor beats you to it? If you have a solid business and plans to grow in place you'll be fine.

I don't know if you plant to raise money or not, but regardless of that fact, think of how you would pitch this to someone who could invest but doesn't give a crap about boardgames or pubs. Would someone who is looking at this from a purely objective money making standpoint be interested? Have you generated enough traction, attention, and interest to make this an appealing business prospect? If not, what can you do to change that? If you can't figure that out now, do you really want to wait until you're deep into this business to try and figure it out?

Set up some metrics. Probably the best way to do it for your business is to measure revenue per visit. How much profit do you expect to make per person per visit? If you are charging $4 per person and then you expect some % of them to buy additional things (food, games, drinks) - your avg per person should be over $4, obviously. How many visitors and at what average profit per visitor do you need to stay afloat? You can increase your overall profit 2 ways - increase the number of visitors or increase the average profit per visitor. You'll have some limits - you an only fit so many people in the building, for example. This will help you determine if this business can be profitable and give you an idea of where you need to be so you know early on if you're tracking well or not. Measure everything that you can.

Basically, just be careful. You're mixing your hobby with your work, but you have to remember it's a business first and foremost. Treat it like a business and be honest with yourself and you'll be fine.

Also, fried foods with games sounds like a good way to end up with a library of greasy games.

u/Neophyte- · 11 pointsr/australia

good use of ETFs, bond / equity mix. % of bonds in your age and the rest in equities. Vanguard is great for this, this book is excellent to get a grasp of everything

u/LibertyLOL · 11 pointsr/libertarianmeme

>I do want strong public education and universal healthcare. However, I want those services to be provided with the most efficient use of tax dollars instead of that money being pissed away.

Yikes, Please read

u/bushforbrayns · 11 pointsr/explainlikeimfive

Your response is very silly. The answer to OP's question is far simpler - no need to call anybody racist - and has to do with economics. Chapter 23 of Henry Hazlitt's Economics in One Lesson explains that the purpose of inflation is to cancel out minimum wage laws. Devalue the currency and suddenly businesses can afford to pay $15/hour to flip burgers. But inflation is worse than that; it necessarily involves a wealth transfer from the poor to the rich (since the wealthiest folks are those closest to the newly minted money). This is very useful to people in power because the effects are largely indirect and invisible.

The Nixon Shock of 1971 removed the exchangability of US dollars and gold, instituting a freely floating currency and unleashing the Federal Reserve's power to devalue the dollar with impunity. This has involved a massive transfer of wealth from the bottom to the top, sucking purchasing power out of the middle class and resulting in the current situation that OP is inquiring about.

This chart shows inequality over time and illustrates what happened since the 70's.

u/OgreMagoo · 11 pointsr/sysadmin
u/igonjukja · 11 pointsr/worldnews

If you really want to understand why this is happening there's a widely praised book by an economist called Thomas Piketty that summarizes it like this:

-For most of human history the returns on capital exceeded economic growth. Because of this if you had capital to invest you were pretty sure to do a lot better than if you had only your labor to give. Economic inequality was the status quo. From a recent interview with Piketty in the NYT:
>Over the 1700-2012 period, world output has grown at 1.6 percent per year on average.
>In contrast, rates of return on capital can be 4 to 5 percent over centuries, or even higher for risky assets and high wealth portfolios. Contrarily to what Karl Marx and other believed, there is no natural reason why rates of return should fall in the long run. According to Forbes’s global billionaires list, very top wealth holders have risen at 6 to 7 percent per year over the 1987-2013 period, i.e. more than three times faster than per capita wealth and income at the world level.

-Around WWII this changed. Destruction, inflation and other crises, plus the social institutions set up after WWII in the west, caused inequality to stop rising.

-What we're finding out now is that this brief period, which lasted until the 1980s, was an anomaly. (Personally I find it interesting that this period stopped right around the time we in the U.S. and the U.K. decided we needed less regulation and government involvement in things). Things are now getting back to the way they used to be.
>U.S. inequality is now close to the levels of income concentration that prevailed in Europe around 1900-10. History suggests that this kind of inequality level is not only useless for growth, it can also lead to a capture of the political process by a tiny high-income and high-wealth elite. This directly threatens our democratic institutions and values.

The question is, what are we going to do about this?

u/Phyb3r_Optik · 11 pointsr/pennystocks

If you are new, it's very risky to take suggestions from random people on the internet. It could be a hit or miss, but a thorough read on books like Intelligent Investor by Benjamin Graham is a good start to understanding the market. From there, you can gain a basic understanding of suggestions people give you to discern if it's a good buy or not. Buying stocks merely on speculation as you are doing now can be exciting as long as you are ok with losing your hard earned $300. Just be aware of the risk.

u/IAmScience · 11 pointsr/exmormon

Critical thinking is something that we stomp early, and that stays pretty well stamped out without some care and attention.

In his AMA earlier today, Neil Degrasse Tyson suggested that children are born scientists, who bring a sense of curiosity and wonder to everything they do. Adults are usually the ones whose minds slam shut.

Our schools, our churches, our upbringing in general teaches us precisely how to be accepting and uncritical. Those systems simply demand belief in what is being offered as though it were indicative of some capital-T "Truth".

So, your job needs to be to start thinking like a child again. Everything you encounter needs to be questioned and interrogated. Remember: You've been raised to do precisely the opposite, so this won't be easy. You need to continually remind yourself to look for the holes, the flaws, the shortcomings in the arguments that are put forward.

I would recommend the following things:

  1. Start by examining Op-Ed pieces in newspapers. Look for the biases of the author. Figure out which side they're on. I recommend the Wall Street Journal, and the New York Times op-ed pages. That's a fairly easy way to start looking at the arguments offered by the political left, and the political right in the US.
  2. Pick up the following two books: The Philosopher's Toolkit and Thank You for Arguing They're excellent books that will offer you a set of tools to evaluate arguments from a reasoned perspective. They demonstrate the tools of good argument, informal logical fallacies, and rhetorical tropes that are commonly used to persuade. They are very handy books that everybody should have on their shelf.
  3. If something seems off, then it demands further investigation. Evaluate the source of any and all information. Figure out where the data comes from, who funded the research, whether or not the numbers being presented are legitimate, etc. How to Lie With Statistics is a great tool for learning how people commonly fudge numbers to represent their positions. Knowing how it's done can help you see where people misrepresent data, whether maliciously or not.
  4. Recognize your own biases and preconceptions. Make sure you're clear on where your own privileges and understandings come from. Interrogate your own position thoroughly.
  5. Remember always that this will not be easy. Sometimes you will fall victim to the same biases and shortcomings as those with whom you are engaged in debate. Go easy on yourself, but remind yourself that you do not have all of the answers.

    The more you practice, the easier you'll find it to keep an open mind, and be willing to entertain evidence which challenges your beliefs and opinions. You'll even welcome those challenges, because they help you advance your knowledge and understanding.

    Do those things, and you'll find that all of the questions you pose here become much easier to deal with over time.
u/Another_juan_please · 11 pointsr/progun
u/Ponderay · 11 pointsr/badeconomics

Thinking Fast and Slow

Shiller and Akerloft have a book on behavioral macro that I haven't read but have heard mentioned.

u/ludwigvonmises · 11 pointsr/naturalbodybuilding

If you want to learn about the other 99 cognitive biases people are unwittingly carrying around (perhaps you, too), check out Daniel Kahneman's Thinking, Fast and Slow.

u/BrandonKNewman · 11 pointsr/cscareerquestions

> My strong suit is ruby/rails which I feel like is pretty rare and specific when it comes to most internship positions. (I can count on 1 hand the people who know rails in my school).

First off, trust me, you're not that special.

> So far, I have had interviews with 6 of the companies, and have yet to miss a question, & every time I am able to solve the technical questions relatively quickly (e.g. 45 min coding problem, done in 20 etc.) and then we go on to talk about interests etc. The thing is EVERY single company, after the technical interview (usually the 2nd-3rd phone interview), I am in limbo. Usually from 2-3 weeks, before I get denied.

So far, I'm picking up an attitude problem.

> I have only now started asking for feedback(but of course nobody replies to my emails).

Yeah, don't do that.

> I know they are large companies (vmware, yahoo, dell, etc.) but is it strange to have an interview go well and then just go into the void?

YMMV, but it's entirely possible. However, for myself I'd say 95% of the time, someone gets back to me.

> Also I am not socially inept, yet it always seems as if me and the recruiter get along great, while the technical people give off a cold disconnect (but still nice).

How often is this happening? I'd say there are some technical people who are just like that, but I'd say the majority of the time I see them acting that way in an interview is because it isn't going well.

> However it seems pretty inefficient to apply to jobs with 2000 kids hunting for 2 open positions, so it may be the lottery effect that is killing me.

Maybe, but if you're applying to 100s of jobs, you'd think something would eventually edge out in your favor.

Honestly, to me it sounds like:

  1. You give off a cocky/bad attitude

  2. You aren't doing as well on the technical questions as you think you are.

    There's nothing much you can do about an attitude problem other than hold your tongue and think before you speak on anything that isn't directly related to the technical question at hand. Explain, don't boast about past projects and experiences. Be open to learning.

    As for technical questions, the best I can do is prescribe the usual: Cracking the Coding Interview. Good book for getting the basics down for technical interviews. Others will suggest other books after that, but I've had good luck with geeksforgeeks and the interview section of Glassdoor for companies like Google and Yahoo for going above and beyond.
u/EaterOfBits · 11 pointsr/ITCareerQuestions

Just to give you a peace of mind, I'm gonna share that I'm utter shit too. I have almost 20 years of experience and working at a huge worldwide company. I have conducted more than a hundred interviews myself and yet, if I apply to somewhere I can't write a simple parsing script in a coding interview.

Some of us just wired this way. Also interviews are like a date. It is equally up to chemistry and luck along with correct answers to questions if you get the job.

To be useful too, a few links. Check out this for inspiration:

The best book to get an IT job:

u/tiethy · 11 pointsr/UBC

After looking at your post history, it seems you're a 2nd year majoring in stats? I would just continue on the path you're currently on- best case scenario, do as many 300 / 400 CPSC courses for your electives that you can. Worst case scenario, try the BCS program after you've graduated.

I completed a 5 year CS degree with 16 months of co-op experience and a ~90ish average in CS courses and have been working in the industry for about 3 years. Here is the breakdown of where I learned how to develop:

  1. 10% CS degree (and this is just me being very generous- admittedly I wasted class time by sleeping but I completed most assignments accurately and studied intensely for all of the exams)

  2. 5% co-op (got unlucky with my internships)

  3. 60% work experience

  4. 15% self learning (through textbooks, reading blogs, research)

    I totally understand how anxious people would feel after getting rejected from CS but it's honestly not the end of the world. If you're willing to put in the effort, there are so many free resources out there that will help you learn how to develop. I assume you're done with 110/121/210... here are some resources that really helped me out:

    Code complete 2 - one of the best coding textbooks I've ever read... released for free:

    Practicing for interviews (not taught in school) -

    Learn the fundamentals of javascript... then learn typescript / react / whatever flavour of JS you hear about becoming popular... here's some site I found after 2 minutes of looking but I'm sure there are much better ones:

    If you're really worried that your stats degree might hold you back... fill out your resume with hack-a-thons and side projects and apply for CS internships. Email recruiters directly if you don't hear responses from normal application processes. When building your resume, start with the CS stuff and leave the major at the end... make sure that if a human ever reads your resume, they'll be reading about how much you've learned about development on your own rather than which major you happen to earn your degree in.

u/TerminalGrog · 11 pointsr/serialpodcast

Here are my observations.

I started coming to this subreddit because I had a lot of questions after listening to Serial. I thought between this sub and the others I had found SPO and Undisclosed, I would get some satisfactory answers, some keen insights. I posted some questions on all three subs. On SPO, most my posts seem to disappear into oblivion. On Undisclosed, my questions were seen as hostile or stirring the pot or something. On this one, it's 50-50.

After listening to Serial, I leaned toward Adnan being innocent but had some grave doubts, some questions that I needed clarified, so I would guess I am in the 2b category.

In the course of my discussions here and reading through the trial transcripts, the MPIA file, and lots of other documents (not all by any means), many of my original questions have been answered and I no longer consider Adnan a principle suspect in the death of Hae Lee. However, I am open to the possibility that he's guilty and have no reason to be committed to his innocence. If he's guilty, then he is where he ought to be.

I think a major difference between the two groups that I see is that the guilt side depends far more on innuendo, cherry picked details from contradictory witness statements and testimony, and seem overly committed to details that don't that much. Usually, what I see is little attempt to reconcile contradictory and mutually falsifying beliefs.

I am not saying that those who believe Adnan is innocent don't sometimes do the same thing. I would say overall, though, they handle the evidence more carefully, consistently, and methodologically soundly.

Principally, I think the main difference is between fast and slow thinkers. Fast thinkers make quick judgments and often rely on a "What I See Is All There Is" way of thinking. So, for example, we have quite a lot of information about Adnan and his day and we can pick through all that information to find inconsistencies, lies, whatever. We have a lot less information on other potential suspects, for example, Don. So the focus is on Adnan because there is a lot more there to cherry pick and confirm our initial biases.

I think the innocent crowd is more likely to withhold judgment both on Adnan and individual pieces of evidence until their questions and doubts are more satisfied. The are less likely to rely on an initial rush to judgment.

Here are some examples:

  1. Jay's Spine. Guilters are much more likely to accept Jay's "top spots" as being true in a sea of changing details that they view are important. For some reason, the fact that Jay could stay consistent on 3 main points (Come get me call, Trunk pop, burial in Leakin Park) is verification of the truth of history even though the circumstances and details are often wrong. They are likely to forgive Jay's observation that there was snow on the ground in Leakin Park, while dismissing Asia's alibi testimony based on her recollection 15 years later that an ice storm was snow storm.

    I am thinking of writing a spine post because I keep hearing this as some kind of evidence that Adnan is guilty. If you have ever heard of the Cental Park 5 and watched or read their statements, you will see that all five confessed to the rape of the jogger, separately included similar corroborating details, and yet it was all made up through suggestive leading questioning by detectives. The true rapist was a serial rapist who was caught for another case soon after the fact. It didn't stop the wheels of justice against the 5 teens who were convicted though. Here you had a "spine" corroborated by not just one sketchy witness, but 5 separate young people.

    I'm going to stop there. These are my observations. It is entirely possible that despite their weak reasoning and amateur use of evidence, that the guilters are right and Adnan is guilty. I am not at this point at all convinced.
u/gfody · 11 pointsr/programming

The best advice I've found about interviewing and hiring was in Thinking fast and slow by Daniel Kahneman and it's not specific to engineering/programming at all. Basically decide on what aspects you will measure up front and calibrate your interviewers on what good/bad/great looks like. Then have your interviewers meet and grade each candidate on each aspect independently without sharing notes until it's all over. Tally up the scores and hire the winner.

If you do that then you'll have more successful hires than if you don't. Virtually everything else programmers tend to do while interviewing is either a waste of time or hurting your success rate.

The other big problem with technical interviews is the emphasis on making perfect hires or screening bad engineers. It's simply way too complicated to do reliably and you end up wasting a lot of time interviewing and going without the help you desperately need. It's better to put more emphasis on actually making the hires you need, and if they struggle with the engineering work then give them feedback and help them improve, if they can't improve then fire them and hire someone else.

u/Alektorophobiae · 11 pointsr/OSUOnlineCS

Grinding problems, haha! I can't answer your more specific questions, but I'll distill the resources that I have found to be most useful. The types of questions will depend on wherever you are applying and you might not even get technical questions at some places.

  • Elements of Programming Interviews
  • CTCI
  • leetcode

    I would start with CTCI then, if you feel like it, move on to Elements of Programming Interviews which (I think) has more difficult problems. All the while just grind problems on leetcode. Also, make sure to practice answering these questions without coding in an IDE. I have just been using a notebook and pencil. A whiteboard works too. Before beginning any sort of coding, you should have the general algorithm down that you will use to solve the problem.

    It also would be helpful to know how to implement / be familiar with the following:

    Data Structures

  • Linked Lists
  • Dynamic Arrays
  • Hash tables / dictionaries (Definitely know how to use these)
  • Binary Search Tree
  • Queue
  • Deque
  • Stack


  • Binary Search
  • Quicksort
  • Mergesort
  • Insertion Sort
  • Dynamic Programming
  • Bit Manipulation
  • DFS
  • BFS
  • String Manipulation( reversing, detecting palindromes, word count, counting repeated words, comparing strings)
  • A*

    OOP (define these)

  • Interfaces
  • Abstract classes
  • Polymorphism
  • Inheritance
  • Encapsulation
  • Overriding
  • Overloading

    Other stuff:

  • What happens when you type and click enter on the browser
  • Algorithms Course Heard this is really good

    Finally, know Big-O complexity Big-O Cheatsheet! I'm sure there is a lot more but this should be a great start.

    Good luck! :)
u/discoganya · 11 pointsr/personalfinance

No kids, mortgage, etc? If so then in order or priority:

  • Contribute to the work-based plan (401(k), 403b,) enough to get the full employer match (the match is like free money, your best possible investment),
  • Pay off high interest debt (a guaranteed high return, the next best thing to free money),
  • Contribute to a Health Savings Account (HSA) if available (unlike many other tax deductions, there are no income restrictions to contribute to an HSA)
  • Contribute the maximum to an IRA, traditional or Roth, depending on income eligibility
  • Contribute the remainder of the maximum employee contribution to the work-based plan

    At this stage saving money (accumulation) is way more important than asset allocation (stocks, bonds, CDs, etc.)

    Buy this book and read it
u/destin325 · 11 pointsr/politics

If every republican read how to lie with statistics -Darrell Huff (1954) Fox viewership would drop. Hell, Democrats or anyone for that matter should read this. It makes trusting a news source a lot harder when you immediately pick out devious tricks to engineer partial truths.

u/cryptorebel · 10 pointsr/btc

Why would you care if something is increasing so low. Its like from 0.0000001 to 0.001 it increased by 10,000% sounds like a huge increase but its not. Its propaganda. How to lie with statistics

u/venttownlol · 10 pointsr/California_Politics

This statistic is thrown around all the time, and is almost totally meaningless. Did you know that 47 year-olds get paid more than 18 year-olds? Why? How dare they! Outrageous I say! Of course there are plenty of legit reasons why, job selection, experience, etc...

If an employer could truly get away with paying $0.88 to a woman instead of $1.00 to a man for the same job all men would be out of work tommorow.

I suggest reading how to lie with statistics. A great intro into reading through the constant BS the media pushes.

That said, there are plenty of discussions to have around pay issues, including why teachers and home health aides get paid so little, how to compensate for the crucial work stay at home moms do, why more girls aren't getting into engineering, etc... Difficult issues.

u/LEPv0 · 10 pointsr/SandersForPresident

let me remind you that corporate media is the spear of the U.S. propagandistic machine, just watch for entertainment

u/Krase · 10 pointsr/MensRights

There is a great book a professor of mine asked us to read for a statistics class. The title was "How to lie with statistics". I highly recommend it if you can find it. Basically, it shows you how to spin numbers to prove whatever you want.

Woohoo, I found it on amazon

u/bzishi · 10 pointsr/Bad_Cop_No_Donut

Ugh. It is really sad when Vox comes in to present the more rational argument (their top article today is that you shouldn't watch The Interview because that would helps NK).

Still, the USA Today was pretty slimy right there. Clearly someone at the USA Today bought the book How to Lie with Statistics.

u/gort32 · 10 pointsr/sysadmin

The best book that I've ever read for dealing with the unique time management issues and techniques faced by system administrators. It covers the ways that our days flow, trying to work on deep, intense, and complex projects while being constantly interrupted in an environment where everything is top priority and no one understands what you do beyond "fix computers". It provides a number of ideas for managing your personal time to balance short and long term goals, and other suggestions for managing your department at large.

Highly recommended!

u/HammerJack · 10 pointsr/sysadmin
u/NoyzMaker · 10 pointsr/sysadmin

Ticketing system or a shared to-do list. Something your boss can look at (or add to). Then you take that list to them and go, "Well. I have all these things as Priority 1. Which is really a P1 to deal with?" They tell you and you work on that and then just work your task list.

Ultimately it is about organization but this is a good book to read to help with some ideas on ways to manage it all: Time Management for System Administrators

u/pgm_01 · 10 pointsr/Connecticut

It is time to ditch conservative economic beliefs. Cutting taxes helps to collapse the middle class, government programs help maintain and expand it. Read Capital in the Twenty-First Century. We have tried conservative and neoliberal economic theories and they are proven not to work. Foley is just the latest to try to push the same broken ideas and it will lead to a predictable end, the rich get richer while the middle class gets pushed downward. While Malloy is not very good, Foley will be terrible.

u/mariox19 · 10 pointsr/Libertarian

Someone who hasn't even read the first few pages of Hazlitt's book, I presume.

u/strolls · 10 pointsr/UKPersonalFinance

It's statistically unlikely that active investors will beat the market - that's not actually the same thing as hard. Saying that it's very difficult to beat the market is just a useful shorthand.

In Tim Hale's Smarter Investing he tells the story of James [1,]( [2,]( [3] to illustrate typical retail investor behaviour. Read it for yourself - is he wrong to say that most retail investors behave like this? James is perhaps a bit worse than average, but investing psychology is the curse of most retail investors and they things like panic selling in a downturn.

Other retail investors are underinformed know-it-alls, which is a curse one has to look out for - as an active investor you have to be incredibly humble, and you have to examine your own motivations and fears; your goal is to understand your own flaws and shortcomings as an investor, endeavouring not to fall prey to them.

One of the most common statistics cited against active investing is that the majority of fund managers do not beat the market [1, 2, 3]. I can't say I know all the reasons, but other investing psychologies apply to them - most of them are corporate employees and have bosses to answer to; investors will flee when they underperform and generally there are pressures upon them which will lead them to conform and hug the index (but with higher costs).

Search YouTube for the videos of Paul Lountzis speaking at Ivey - I think they're each about 60 or 90 minutes each, and he does repeat himself some, but they're worth watching in their entirety if you're interested in this stuff. If you're interested in this stuff you should be reading and watching as much as possible, because it is a necessity to be informed.

Lountzis gives the example of a new fund manager arriving at an investment bank, and being given $10M or $100M to invest on behalf of clients. He is given a sector he must invest in - like US small cap - and then he must invest that money within 30 days or so. He cannot sit on this money for 6 months looking for the right opportunities, because who would put their money in an investment fund that is sitting on 80% or 90% cash? Hence many of the best opportunities are denied them - they must invest the money and they may be forced to realise losses if they need to release money to investors or invest in something else. This constraint is not foisted upon the private investor.

If you ignore the costs of trading - which are incurred by index funds too - half of all stockmarket transactions beat the market. The problem is with doing it consistently, but I believe it's possible to beat the market with discipline, a buy-and-hold strategy and some fundamental analysis (read The Intelligent Investor).

u/mhoffma · 10 pointsr/marketing

Reminds me of Trust Me, I'm Lying

u/DustinEwan · 10 pointsr/investing

The answer, as usual is: it depends.

If you want to invest your money, then there's no better time than now. However, the implication is that when you invest that money you have to leave it sit long enough to do it's work.

At 19 and wanting to invest, you have time on your side. You need to be able to stomach volatility in the market and not get excited when your stocks rally for 30%, nor should you despair when the stocks plummet by 40%.

Traditionally speaking, the stock market averages between 6%~8% a year, which is much better than any savings account you're going to find. However, you shouldn't treat it as a savings account because volatility will almost certainly put you in a bad position to sell whenever you need the money most.

If you feel like you can stomach that volatility and turn a blind eye to both the rallies and collapses, then the stock market may certainly be for you. If you are NOT looking to place your money in good companies for a long period of time (10+ years), then it's my opinion that you are simply speculating... in which case you may as well go to the casino.

If at this point you have decided that you would like to invest in the stock market, you now need to figure out the degree of involvement you would like to dedicate.

If you're looking for a simple hands off investment, then you should just invest in an index fund such as VFINX, SWPPX, or QQQ.

Index funds closely track the performance of the market and charge minimal fees. They are pretty much totally hands off on your part, and are the Ronco of stock investing. Just set it and forget it, and enjoy your ride on the market.

A step above that are mutual funds. They actively try to beat indexes, but charge a fee to do so. There are mutual funds for any style of investing, and people tend to choose mutual funds that coincide with where they think success will lie. That means choosing foreign or domestic, stocks or bonds, and even individual sectors like technology, retail, energy, etc.

The world of mutual funds is vast, and provide an opportunity to beat the market, but it comes with a price. I'll leave the rest up to you to do your research.

Finally comes individual stock picking. Picking individual stocks is the highest risk, but also have the potential for the highest returns. Also, there are no fees except for the fee for purchasing your shares.

There is also a lot to this world, as I'm sure you know, but if this route interests you, then I would suggest you pick up a few books, beginning with The Intelligent Investor.

This book is, in my opinion, the best introduction out there to investing for long term wealth.

Finally, since you're so young and you seem to have an eye out for your personal finances, I absolutely recommend you read The Millionaire Next Door.

Good luck!

u/goodDayM · 10 pointsr/Austin

Best advice I can give is check out this book from a library (or buy): Cracking the Coding Interview: 189 Programming Questions and Solutions. It's written by someone who worked as a software engineer at Google & Microsoft and did interviews.

Doing problems out of that book helped me remember some important things that were actually asked about in interviews. I ended up getting two job offers at the same time which allowed me to tell the other company what my offer was and get them to raise it quite a bit.

u/ShadowWebDeveloper · 10 pointsr/cscareerquestions

I interviewed at Google this year and I'm 33. The ageism you hear about sometimes, while it exists, seems to be less prevalent than some would have you believe. If you're worried about it, Triplebyte (referral link) does completely background-blind interviewing for SF and NYC companies (though you do have to be quite good to get through their process; see below first). (This might not work for OP anyway if they are in Australia since they might need a visa, and Triplebyte AFAIK doesn't do that.)

I guess where to start would depend on your background. Do you have any software itches you could scratch? That is, is there some solution to a problem you see either in your job or your daily life that you might be able to automate or solve with software? Maybe start with that; set up a respository on Github and start planning and coding it up (though if it has to do with your job, clear it with them first).

I recommend learning Java or C++. The concepts you learn in those languages will transition to others pretty easily.

If you're looking into bigger companies or startups, I recommend watching MIT OpenCourseware 6.006, Introduction to Algorithms and maybe following along with the class assignments (all free). If you can make it through this course, along with Cracking the Coding Interview, you'll be well on your way to being able to clear many DS&A-style developer interviews.

For others in this thread, $100K AUD is apparently $80K USD (but as OP mentions, Australia has a high COL so its purchasing power is probably lower).

u/SomePirateDude · 10 pointsr/cscareerquestions

I work at Google (full-time). Before Google, I had been writing software for 8 years professionally (Computer Science degree). I would say that every other day for about 1 month I spent about 2-3 hours preparing. Looking back, I probably over prepared, but I would rather have that than be underprepared. Here's how I prepared:

  • Every day, do several questions from Cracking The Coding Interview and the CareerCup website. I didn't get to every question in the book
  • Listen to Berkeley CS Data Structure courses while at the gym.
  • Put together a binder of all important CS data structures I wanted to be able to quickly review.

    In the end, the interviews were easier than I imagined. Couple of n-ary tree questions, a distributed computing question, a math/algorithm question and a basic Java coding question.
u/jpstevans · 10 pointsr/cscareerquestions

Current Microsoft intern here! You've got your first sentence perfectly in order of increasing importance. Since you interned at IBM, I'm assuming you have a decent grasp of data structures and algorithms. If not, you now know where to start!

Do some thinking around your app -- if that's a highlight for you, then it's going to come up. Who was your audience? What was the goal of the app? What were the design choices you made? What could you have done to make it better? faster? more secure? What did you learn?

Go pick up an interview book or two -- I used Cracking the Coding Interview to prepare. If you notice yourself stumbling anywhere (especially the first two-thirds of the chapters), be sure to do some learning around the things giving you trouble.

I wrote about my interview experience at Microsoft, if that interests you. It's also got some links to other people's experiences.

u/cjt09 · 10 pointsr/compsci

I'd recommend buying one (or both) of these books and reading through them:

  • Cracking the Coding Interview
  • Programming Interviews Exposed

    Each of those books has a wide range of programming problems that are commonly asked during an interview. I highly recommend going one question at a time and actually trying to solve them yourself before looking at the solution. This way you won't simply have a dictionary of interview questions--you'll also be able to develop the skills to figure your way through similar problems.
u/silveryRain · 10 pointsr/learnprogramming

You can either learn to crack the interview or reconsider your job search strategy. Sure, you may not be able to analyze the complexity of a travelling salesman solution, but you may be able to find an employer who instead cares more about software engineering, tooling expertise (version control, CI etc.), expertise with a particular technology (you mentioned PHP), a well-rounded approach to software development in general, soft skills or whatever else you're confident you may bring to the table.

u/letsencrypt · 10 pointsr/webdev

Here is an interactive page where people can visualize how Quicksort works, this is one of the most widely used sorting algorithms, once understood you can pick any of the other popular ones: Bubble, Insertion, Heap, Selection, etc. CtCI — Cracking the Coding Interview is a good book written by an engineer who used to be part of the recruitment team at Google and other "Big 4" companies, I really recommend it, every page is worth its penny*. Leet Code is also a good resource to learn and practice algorithms, most of the exercises have articles with good explanations of how to solve the problems.

u/ciscomd · 10 pointsr/Foodforthought
u/Reg_Monkey · 10 pointsr/badeconomics
u/WastedP0tential · 10 pointsr/DebateAnAtheist

Sure, that's what psychologists (and skeptics, and atheists) have always argued. Irrationality, superstition, gullibility, biased and fallacious thinking are deeply ingrained in human nature. Humans are cognitive misers, because thinking rationally is hard and costly. We're evolved in an environment where, in order to maximize chances of survival and reproduction, we had to act, react, think and form beliefs quickly, rather than thinking things through thoroughly. Kahneman's Thinking Fast and Slow is a must-read on this.

But, no reason to lose heart. Humans have a remarkable ability that distinguishes us from other animals: we're capable of metacognition. We're able to think about and analyze our own thinking. We can identify flaws and compensate for them, recognize biases and correct for them. Methods that have proven effective in this endeavor have even been institutionalized: they're called science and skepticism. Other human endeavors have gone the opposite route, fostering and exploiting human irrationality. Those are called superstitions, pseudosciences, charlatanry, religion.

u/distantocean · 10 pointsr/exchristian

That's one of my favorite popular science books, so it's wonderful to hear you're getting so much out of it. It really is a fascinating topic, and it's sad that so many Christians close themselves off to it solely to protect their religious beliefs (though as you discovered, it's good for those religious beliefs that they do).

As a companion to the book you might enjoy the Stated Clearly series of videos, which break down evolution very simply (and they're made by an ex-Christian whose education about evolution was part of his reason for leaving the religion). You might also like Coyne's blog, though these days it's more about his personal views than it is about evolution (but some searching on the site will bring up interesting things he's written on a whole host of religious topics from Adam and Eve to "ground of being" theology). He does also have another book you might like (Faith Versus Fact: Why Science and Religion are Incompatible), though I only read part of it since I was familiar with much of it from his blog.

> If you guys have any other book recommendations along these lines, I'm all ears!

You should definitely read The Selfish Gene by Richard Dawkins, if only because it's a classic (and widely misrepresented/misunderstood). A little farther afield, one of my favorite popular science books of all time is The Language Instinct by Steven Pinker, which looks at human language as an evolved ability. Pinker's primary area of academic expertise is child language acquisition, so he's the most in his element in that book.

If you're interested in neuroscience and the brain you could read How the Mind Works (also by Pinker) or The Tell-Tale Brain by V. S. Ramachandran, both of which are wide-ranging and accessibly written. I'd also recommend Thinking, Fast and Slow by psychologist Daniel Kahneman. Evolution gets a lot of attention in ex-Christian circles, but books like these are highly underrated as antidotes to Christian indoctrination -- nothing cures magical thinking about the "soul", consciousness and so on as much as learning how the brain and the mind actually work.

If you're interested in more general/philosophical works that touch on similar themes, Douglas R. Hofstadter's Gödel, Escher, Bach made a huge impression on me (years ago). You might also like The Mind's I by Hofstadter and Daniel Dennett, which is a collection of philosophical essays along with commentaries. Books like these will get you thinking about the true mysteries of life, the universe and everything -- the kind of mysteries that have such sterile and unsatisfying "answers" within Christianity and other mythologies.

Don't worry about the past -- just be happy you're learning about all of this now. You've got plenty of life ahead of you to make up for any lost time. Have fun!

u/SuperCow1127 · 10 pointsr/SubredditDrama

> Being color blind doesn't mean pretending color doesn't exist. It means not taking it into consideration when it's not relevant.

You're mistaken, and the second sentence emphasizes it. The fact is, color is more relevant than you realize, especially when you haven't gone through most of your life being judged negatively because of it. "Color blindness," is a happy way to pretend that race matters much less than it really does.

> If I'm getting someone foundation, I'm going to check it against their skin tone. But I'm not going to look at skin color to decide whether to sell a house to someone or anything like that.

I assume what you're implying here is that race only matters when specifically relevant to physical characteristics. Unfortunately, our society isn't built like that, and never has been. To your example, people do consider race when selling a house, and have (and continue to) actively and deliberately hinder the ability of people of the "wrong" race (particularly African Americans) from home ownership or rentals. "Color blindness" says it's wrong to focus anti-discrimination efforts on African American victims, since it says it's wrong to involve race in decision making.

> And if you act like I described, then there are no "innate biases". Not sure where you're getting that.

So, even if you deep in your heart believe that racism is wrong, even if you try your hardest every day to treat everyone fairly, and even if you are a member of an underprivileged race, you likely carry a racial bias (e.g., even if you're black, you subconsciously associate negative assumptions with black people). This has been scientifically proven again and again, but there's a fantastic demonstration here if you want to see first hand instead of reading lots of dry papers. Try it out and you'll likely be very surprised by the results.

> As for the wheelchair thing, again, if it is directly related to the wheelchair, I take it into consideration, but I'm not going to make assumptions about, for example, intelligence or voting rights.

There's two problems here.

First, if you grew up in the western world, and especially if you grew up white in America, you are very unlikely to be able to judge exactly what is related to race. If you are a human who is not specifically educated on these matters, chances are very high you'll be wrong. This is what people are talking about when they deride "privilege." Think about the likely-fictional account of Mary Antoinette saying "let them eat cake." She wasn't saying that to dismiss the starving population, she just heard there were riots because there was no bread, and therefore concluded that in the absence of bread, cake should be available and suffice. It was absolutely unfathomable to her what the life of a French peasant was really like. The same is true in a large part for anyone growing up with any kind of privilege. It's so hard to think about experiences you have nothing in common with, and as a result, you color (no pun intended) your every decision in your own ignorance. (Read this, and maybe the article it's about).

Second, whether you like it or not, you probably do make assumptions about things like intelligence, unless you are constantly vigilant against it. By purely following your intuition (which is based very rapid subconscious decisions), you will almost certainly be wrong, and you will almost certainly convince yourself that you came to any conclusion rationally. By assuming you have no bias, you actually allow your bias to take control. I highly recommend Daniel Kahneman's Thinking, Fast and Slow for some eye opening information on human cognition.

> Color blind=not grouping people together based on skin color, not completely erasing individual experiences.

The fact is, again, that this is just wrong. When you purposefully disregard race, you are erasing individual experiences. You are encouraging the creation of implicit groupings by ignoring them. There's more to racism than Jim Crow and the KKK.

u/ottothecow · 10 pointsr/IAmA

Hate to break it to you, but lesson number 1 is going to be that you shouldn't be paying >$5000 for a class in personal finance (especially when it all fits on an index card!).

Save $4990 and buy this book instead. Incidentally, the guy who wrote it tried teaching personal finance classes at Stanford and nobody came. Everybody thinks they want to learn about this stuff, but nobody actually wants to go sit in a classroom to learn it.

Book's pretty good, and less dry than most "personal finance" stuff...a lot of the basic financial advice is already covered in Harold's index card, but he has pretty good material on negotiation, automation, and how to prepare yourself financially without miserly budgeting and worrying about whether or not you can afford a $3 starbucks drink.

u/stonecipheco · 9 pointsr/Bitcoin

further reading: on basically all 4 bullets

further further reading on the last bullet, and the actual explanation of "black swan" that is starting to show up in crypto but totally incorrectly used

you could also dig into efficient market hypothesis.

also, if you're into technical analysis/charts, this could shake your views a little but it's good to be challenged

u/Lennon__McCartney · 9 pointsr/thewallstreet

Black swan.

I've got a book for you my friend:

You'll like it

u/kajsfjzkk · 9 pointsr/personalfinance

\> This is not a financial problem, this is a trauma problem.

Perfectly said.

OP, in therapy you can talk about your experiences growing up with financial worries. A good therapist can help you explore how those experiences affected you and help you identify the narratives you tell yourself as a result.

It sounds like the financial hyper-awareness has actually served a very useful purpose for you so far. You did well in school and worked your way into a good career. But there's a saying: "What got you here won't get you there." Now your anxiety around finances is holding you back, and you would be better served by spending less energy worrying about finances while still putting a plan in place to responsibly manage your finances.

A therapist can also help you retrain your thinking. Cognitive Behavioral Therapy is one type of therapy which is aimed at retraining negative automatic thoughts. You identify negative thoughts and write them down, then apply techniques from the CBT toolbox to understand why those thoughts are distorted and replace them with more adaptive thoughts that better reflect reality.

The key point is that your brain won't let you simply choose to stop thinking a negative thought, because there's usually a kernel of truth. You need to replace the negative thought with a new thought that also true but is more adaptive.

So for example, when you think:

\> I'm suddenly gonna lose all my money at the blink of an eye

You can write that thought down, then look at a list of cognitive distortions and identify things like "all or nothing thinking" and "jumping to conclusions". From there you can identify potentially useful CBT techniques. Some techniques work better for certain types of cognitive distortions. So you might try techniques like exploring "What's the worst that would happen? How would I need to react if I actually lost all my money?", or you might try keeping count of unwanted thoughts to make yourself better at noticing them as they appear. There are dozens of techniques.

I'll note that studies have actually shown that CBT from a book can be just as effective as CBT with a therapist. I'd recommend finding a therapist if you're able, because they can help in ways that a book can't. But it's worth mentioning for anyone who isn't able to see a therapist, or isn't sure whether their therapist is any good.

You can just open up the book, start reading, and do the exercises. The key is that you can't just skim the book. You have to actually do the work and write down your answers.

Here's a good book on CBT:

Here is a good blog post on how to find a therapist:

Finally, one way to feel more in control is to learn more about managing your finances. I'd recommend reading a good book on personal finance, like this one:

And then I'd recommend writing out an "investing policy statement". Basically it's a written statement describing your financial goals and long term plan of how to attain them. You're effectively writing instructions for your future self. This can help put worrying to rest. For example, you can consult the statement to remind yourself that you planned to save $___/month toward a house and $___/month toward retirement. If you are meeting your goals, you shouldn't feel guilty about spending money on things you enjoy.

Here's a blog post describing an investing policy statement:

u/The-Rotting-Word · 9 pointsr/KotakuInAction

>Why isn't this a bigger deal for people? GMA just got scammed and no one is making a fuss about.

Well, it happens literally all the time. Ryan Holiday wrote a book about it and how stupidly easy it is back in 2013. "Whenever you see a malicious online rumor costs a company millions, politically motivated fake news driving elections, a product or celebrity zooming from total obscurity to viral sensation, or anonymously sourced articles becoming national conversation, someone is behind it. Often someone like Ryan Holiday." But, nobody cares. Or not enough to matter, anyway.

And even if people did, care... who's going to report on it? The media? You think they're gonna let you know how stupid and easy to manipulate and constantly wrong they are?

u/adam12176 · 9 pointsr/sysadmin

Please tell us more about the benefits of making someone sing and dance as related to IT. Don't worry, I'll wait for you to google some more horseshit.

You want a team building exercise, or something to bring someone out of their shell? There are a ton of them that don't involve stupid shit like this. This gave me anxiety just reading it, and I would not participate. Is this really worth losing a brand new hire? If so your company must have more money than brains.

Recommended reading: A book with literally nothing about singing and dancing in IT.

u/cold_and_jaded · 9 pointsr/sysadmin

Old but still good

Might not be a technical best practice, but is a best practice in terms of mind set on how you manage your time.

u/Scullywag · 9 pointsr/sysadmin
  • Time Management for System Administrators

  • You have a team, use them. Rotate people through being the person to interrupt. Train your users that the person working at a certain desk, or with a big "Ask Me!" above their monitor is the person to talk to.

  • Meeting room, just you and your laptop.

  • my favorite "Excuse me, can you show me how to put a vacation rule up" - wiki that stuff
u/Falcrist · 9 pointsr/KotakuInAction

> I can sit here and convince a lot of people that Black, Hispanic, Asian, or White people have sick twisted cultures. If I decontextualize those statistics intentionally my portrayal of the group is bordering on dishonesty.

In case anyone doubts you, here is a book that you'll find in many poli-sci classrooms:

Note: The text at the bottom of the cover is a joke.

u/gospelwut · 9 pointsr/linux

You're right; I was probably a bit too smarmy. Statistics really aren't a natural thing for a person to "intuit" about. How To Lie With Statistics was my first stats book in college, and I think it was a brilliant decision by whomever designed the curriculum.

u/tarotjustice · 9 pointsr/Libertarian

The apparent change of those who think it is justified is actually less than the margin of error of the poll. The change in those who think it's politically motivated is just over the margin of error.

Biggest change is among Republicans, who previously thought Trump should cooperate, but now don't.

Also they only spoke with 1,101/235M+ Americans of voting age

How to Lie with Statistics

Good read.

u/notabiologist · 9 pointsr/worldnews

I understand your reaction, but there is some serious critique against the media in the West as well. True, people can get more sources than in Nord Korea and I think nobody will ever argue our media is even close to being on the same level as the media in Nord Korea. That would be crazy. However, our media is still very prone to bias.

The thing is, there is no huge conspiracy to push the media certain ways. It is just the result of different actors behaving in certain way. If you are interested in how the media is affected by this I would advise you to read Manufacturing consent by Edward S. Herman and Noam Chomsky.

Yes you are right, we have a lot of different sources to our possession, [regarding your comment below] however, what you should always take into account is that the position being taken by the bulk of media will outweigh the positions being taken by subculture media. This means that for most of the people the access to the media they actually have is the access to the position of the bulk media. So in this case it doesn't really matter what the potential media access to these people is, because they will never reach the potential (nobody ever will).

Than another thing is the fact that the bulk media is always seen as more objective than subculture media. While they both, arguably, have huge bias. Now this is understandable; you'll have subculture media on every stupid idea around, while the bulk media at least adheres to some sort of journalistic standard. There are, however, good subculture media around, which are arguably better than the bulk media. But these are often very specialized media, reporting only on 1 issue.

Conclusively, media is biased and there is no way around this. By having a lot of different media sources you'll have all biases and you could arguably collect the least biased view. However, the bulk of the media are all relatively in the same category and appear to have the same bias. Meaning that this bias will not be resolved in the biggest proportion of society. In addition even if people search for sub-sources of media a lot of them will only be eluded by some shitty left or right wing conspiracy media site.

All in all; people are unable to estimate the objectivity of media and this goes for all people [only by looking back in time can people sometimes see whether media was objective of not]. The reason why people can't judge the media is because it does not reference their sources. One possible solution people are talking about is by creating new journalistic standards in which all information should have a source and be referenced to, in the same way this is done in scientific papers. Additionally the media can become peer reviewed and this can serve as its validation. Us normal people can then trust in the peer-reviewed process
or look at their references and the other data and articles and form our own conclusions (if we have knowledge about the subject).

But right now we don't have such a media and so the best position you can take about the media is that [1] it is biased and [2] this is not the result of some crazy conspiracy.

I kinda made this up, I don't have a good word for it at the moment.

u/n0xin · 9 pointsr/news

> I can't keep writing about for ever...

Sad but true. Once or twice, okay, we'll throw you a bone. But more than that, you must be obsessed, paranoid, or delusional -- aka one of those wacko nutjobs.

I'm curious if you, as a member of the press corps, have ever read Noam Chomsky's book "Manufacturing Consent" and what your perception might be as an industry insider.

u/constantreverie · 9 pointsr/DotA2

Always loved the book How to lie with statistics,. Found it from Bill Gates top 10 must read list, loved it.

Complexity should give it a try!

(I don't think its Nahaz fault, COL playing terrible. I do hate the "stats dont lie" shit he does though.)

u/TheRealAntacular · 9 pointsr/investing

Here's a short list of what I would consider the cream of the crop as far as fundamental analysis books for a beginner:

Beating the Street

One Up on Wall Street

F Wall Street

Financial Times Guide to Value Investing

Getting Started in Value Investing

And of course

The Intelligent Investor

u/journey_man34 · 9 pointsr/Entrepreneur

The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It

The book focuses more on regular local small businesses and explains that if an owner is working IN the business (doing the work) instead of ON the business (improving the business) then the owner just owns a job and not a business. In order to truly have a business and a quality of life as an owner, all the day to day responsibilities need to be handled by employees so that the owner can focus on growing and improving the business. This isn’t realistic for some owners, which is why they only own a job and may never have a quality of life that makes owning a business “worth it”.

u/juneaumetoo · 9 pointsr/Entrepreneur

Read like your life depends on it. All topics. Grow yourself.

Also, a couple that I found useful around the concept of building a business (rather than being self employed):

u/hfutrell · 9 pointsr/financialindependence

It helps that I work in a very highly paid industry. I would not be able to save nearly as much as I do otherwise.

I cannot recommend this book enough:

u/blackstar9000 · 9 pointsr/books

Economics In One Lesson, by Henry Hazlitt is the primer that was recommended to me when I started (slowly) reading about economics. No doubt at greater levels of complexity his thesis starts to fray a bit, but the book is a clear introduction to the fundamentals.

u/narakhan · 9 pointsr/rational

Don't know specifics of what you're after, so I'll shotgun you with links:

u/waffleeee · 9 pointsr/Infographics

If you think this is interesting, you should read [Thinking Fast and Slow] (

u/Ektastrophe · 9 pointsr/cscareerquestions

Disclaimer: I teach at a bootcamp in the midwest.

Here are some things I'm noticing:

  1. Your job sounds like it sucks quite a bit.
  2. You're feeling a lot of pressure to make a big move right now.
  3. You're feeling afraid that you don't currently have what it takes to make a big move.
  4. You've got some funds saved up.

    I'm going to suggest a couple of things to try before you enroll in a boot camp.

  5. Spend a few hours researching job boards in your area. Make a list of jobs where you've got 50% or more of the qualifications listed, or where the thing listed is close enough to what you already know that you could learn it sufficiently quickly. Make another list of things that appear pretty frequently, and see if you can categorize them. What's in your area? In my city, we've got lots of graphic designers who mostly build out Wordpress sites, a small but growing number of startups who mostly use Rails or an MVC Javascript framework, and a whole bunch of big finance corporations who mostly use Java. Your city is probably different, but it's also got some trends.
  6. Reach out to your network. You surely know some folks from college, from meetups, etc. Don't tell them that you need to escape your current terrible gig, but do tell them that you're looking for a change and see if they know anyone who's looking for a junior dev, especially one with a CS degree. Be frank -- you've been working mostly QA and support for the last year and a half, and you'd like to move to development instead.
  7. Take a few days off. They can even be unpaid days (if you can swing boot camp tuition, you can swing not getting paid for a few days). Doesn't even matter if you code on those days off. Just give yourself a chance to be a person.
  8. Pick up a copy of Cracking the Coding Interview and practice. Don't know Java? No problem. Do the exercises in a different language. Do one-sided mock interviews and record your answer with your webcam, then watch it. Don't worry about 'ums' and 'uhs' -- instead worry about clear, concise, and precise responses. (NB: almost everyone hates watching themselves talk, and almost everyone finds it excruciating. Don't worry about that part. You don't suck anywhere near as much as you think you do).
  9. Once your finances are set (i.e. at least 6 months worth of living expenses in the bank. Even better if you've got a year of living expenses, as that'll help if you've got an emergency), quit your job.

    From here, it's a matter of learning. You're never going to learn everything (there's too much out there), but you can definitely learn quite a bit.

    If you've got a CS background, you should be able to pick up the basics of Ruby on Rails. Michael Hartl's Rails Tutorial is pretty commonly cited; if you want to do web development, go through this tutorial twice. Maybe three times. Then start building projects on your own. Alternatively, Daniel Kehoe's Learn Ruby on Rails is also pretty commonly cited.

    A good understanding of Rails, plus a solid foundation in HTML, CSS, and Javascript/jQuery will make you a reasonably compelling junior developer for a company that builds web applications. Doubly so if you can show off a few good personal projects. A good bootcamp (like the one where I teach) will give you a structured and guided opportunity to learn these skills. A terrible boot camp will also give you this opportunity, but you'll have to work a lot harder on figuring out how to make it all happen.

    In addition to self-study and building projects, start attending meetups and actually talk to people.

    If you do decide to start looking at different boot camps, here are some questions to ask:

  10. What will we be learning?
  11. What sorts of jobs do graduates have?
  12. What are your placement rates? How many graduates have internships after graduating, and how many go into full-time jobs? What sorts of support do you provide graduates who are searching for jobs? How long does it usually take for all the graduates from a given class to find jobs?
  13. What is the typical experience for new graduates in their first 6 months as an employee?
  14. What are some examples of student projects? What are some examples of average work? Some examples of really stellar work?
  15. What opportunities will I have to design and build a project of my own determining? How many portfolio pieces can I expect to have by the time I graduate?
  16. What are some examples of typical days?
  17. Who's the instructor? How long have they been teaching? What are their qualifications?

    Of course they can lie to you, or use weasel-words to obfuscate, or make stuff up, or.... Of course that's the case.

    A good boot camp will give you lots of opportunities to practice AND will help you find your first job. We (where I work) do a lot of talking with recruiters and companies in our network, and we work really hard to make sure that our students get jobs that offer lots of opportunities for growth and development, and, when possible, that align with strengths and interests (there's not usually too big of a disjunct there). So far, we've had quite a bit of success in terms of our students finding employment, and even the companies that have been resistant to hiring students like our grads have started coming around (albeit slowly) as more and more companies hire our grads and have good experiences with them. But it'll be at least another year or two before our grads reliably get hired as junior devs in the bigger corporations (as their first or even second job) without first having a CS degree.

    There are lots of different ways you can find success, and almost anything you do (quit your job and self-study, stay at your job and self-study, go to a boot camp, backpack around Europe, and so on) can be reasonably explained in an interview, especially if you can demonstrate that you are someone who is smart and gets things done.

    Even your current job can be explained. Sure, your dev skills aren't what you want them to be, but you've got a ton of practice fixing code, which means you've got a huge list in your head of all the different mistakes you might make while writing code (which then means that you can, given adequate leeway, build systems that help you avoid or at least catch those mistakes). Don't discount that. It's important stuff that you learned, even if the way you learned it makes you feel really terrible.

    Hope this helps.
u/YuleTideCamel · 9 pointsr/learnprogramming

Practice whiteboarding (solving technical problems on a whiteboard). Try to read Cracking the Coding interview . If you look online you might find a pdf version.

General tips for the interview:

  • If you get asked a really simple question, don't be cocky or overconfident. Answer it professionally like any other question. This is often a personality test to see how you react when speaking to non technical people.

  • If you get asked an insanely hard quesiton, relax. Sometimes these questions are not about the answers, but about how you react to a difficult problem and under stress. Take a deep breath and make it a convesation with the interview. Talk out loud about possible solutions, even if you are not sure explain what you are thinking and how you would use your resources (books, google etc) to solve it.

  • If you don't know something (like a technical quesiton "explain templates in C++" ) just be honest and say you're not sure but will look it up. Don't try to BS.

  • Be positive about everything, it's ok to have opinions, but don't bad mouth technologies or coding styles, even if the interviewer does. Just explain why you don't like (whatever) in a polite way. Being too much of a downer can impact an interview. I once interviewed a guy who hated everything. "Angular? Stupid/dead, react? A fad stupid, Ruby on Rails? Hipster crap". He was super smart but didn't et the job because no one wanted to work with someone as negative as him. Oh when I asked him point blank "so what is good code?" his response "code I write". This is problematic also because it tells me he wants to reinvent the wheel for everything instead of solving a business need.

  • Be nice to everyone, receptionists, people you walk by in the hallway, interviewers, janitors, doormen. Anyone you interact with. We regularly ask everyone who interacted with a candidate their thoughts and we have turned down people because they were rude.

  • Practice solving problems on codewars or codingbat, just be ready to answer technical quetions.

    To be clear, I don't work for HP but I do work for a large tech company and I'm on a hiring panel. Good luck!
u/metahGVA · 9 pointsr/learnprogramming

Introduction to Algorithms is probably the best book if you want to go deep in algorithms eventually.

Cracking the coding interview book is also a great repository of "must-have" concepts for CS.

u/bittersweet587 · 9 pointsr/computerscience
u/naxir · 9 pointsr/cscareerquestions

I went through the Google interview process not too long ago. Here's my recommendations:

  • Don't focus all of your effort on one concept. You will have at least four different types of problems and there is no guarantee that DP will apply. While this is an anecdotal n=1 observation, I did not have any DP problems. You should still look into DP so that you may better understand where to apply it and the basics of applying it, but don't neglect other areas (graphs for example).
  • Grab cracking the coding interview and practice on a white board. I used a small travel whiteboard that you can get on amazon for ~$6.00. (Though, based on the reviews, I also grabbed some better markers.)
  • Practice easy questions to warm up, then give yourself 30-40 minutes to solve the more challenging questions.
  • Don't focus on memorizing the exact implementation of different algorithms. Know their basic flow and different places to optimize, but more importantly know where to apply them and what their complexity is.
  • Remember to talk through the problem before solving it. Your interviewer will often give you some indication of whether or not it's the solution they want to see. When actually writing the code, don't feel obligated to explain every line as you're writing it. If you feel like you're making a good decision, explain what it is and why in a sentence or two, but otherwise focus on getting your thoughts on the board. You should explain your solution at some point, but unless they ask questions about it, don't feel obligated to talk while you write.
  • Don't try to solve every part of the problem at once. If you hit something you're not sure how to solve, call a function that does not yet exist and tell them you'll come back to its implementation.
  • You mentioned being able to solve things in 23 minutes. I don't think that really applies. Some interviewers will give you one hard problem which may be optimized several ways. They will expect you to implement a solution and spend the rest of the time optimizing it. Other interviewers will give you perhaps 4 problems, but all of them are inter-related and earlier solutions to problems are used as components to later problems. You may also be given one or two small warm up problems before a larger problem. However, it is unlikely that you will be given two very different and complex problems and have 23 minutes to complete each one. Furthermore, completing every problem isn't a requirement. Demonstrating good problem solving skills is. Don't focus on a specific amount of time, focus on the problem solving process. This is also true because it will take you less time to solve the problems in the interview because of guidance from your interviewer.
u/Dont_Hate_On_XIII · 9 pointsr/uwaterloo

Have you seen the SE Bible?

u/roast_spud · 9 pointsr/books

Psychology (studied, but never practiced)

Here are a selection of interesting books:

u/Xeronate · 9 pointsr/learnprogramming

This video is a Google interview example so of course the problem is a bit contrived, but I think it is a decent illustration of the process he is referring to. The guy writes the code out in C++, but you could just as easily write in pseudocode.

Solving the problem by hand and writing a sketch of the algorithm builds intuition and makes the actual code much easier to write. People knock interview prep as being nothing like the job, but I find that it can do a lot to boost general problem solving. CTCI and leetcode are good resources. If you are brand new to programming Codingbat might be useful, but it is really just for the basics.

u/numberjack · 9 pointsr/Entrepreneur

Build it, push it, evaluate the feedback, and iterate, iterate, iterate!

If you haven't already, read the Lean Startup. A huge mistake of many entrepreneurs (myself included), is that we get so excited to build our product and make it perfect, we don't stop to gather feedback on whether we should be making it at all.

Bounce your idea around for a while, push a very early, limited, or "rough draft" of your product/service (your MVP) to the market, and see how they respond. Then, you'll know if there's something there to pursue. Otherwise, you waste time and money building a product that nobody will pay you for.

u/MCFRESH01 · 8 pointsr/marketing

This is a great book and will probably tie into a lot of psych ideas as well as marketing ideas. It basically goes over how we can predict that people will make "dumb" choices based on personal bias.

I think its a must read for most marketers, especially those interested in running their own tests or working in CPG companies.

u/LegitimateProfession · 8 pointsr/politics

You don't understand economics. If it's too expensive to use Chinese labor to make cheap goods, that means China is already too wealthy and developed to need to rely on low-value manufacturing in its own labor force.

In fact, moving such factories to India, SE Asia or West Africa would mean more money going to China, as Chinese companies invest in the developing economies the same way US companies and individual investors have gotten wealthy from Chinese development, production and consumption.

Other countries will change their laws to whatever China wants. They want to compete to attract all those factory and low-level service jobs that China is seeking to offshore.

Why Nations Fail

Yi Wen's illustrative essay on how China's economy developed so rapidly

u/bodhi_mind · 8 pointsr/Entrepreneur

You should read Lean Startup if you haven't already. Will probably be a life changer.

u/kingdomart · 8 pointsr/Entrepreneur

Read The Lean Startup it's all about doing a startup for next to no money. Here is a free copy

One of the basic premises they teach. Is to take your idea and make it as simple as possible. For example, if you want to make uber. Go out with a sign and stand next to a bar. Put up a sign that says "I will drive you home, so you don't have to drunk drive $20."

See how many people you get, then ask those people how to make your product better. Probably is a terrible example, but I hope you get the picture. Instead of spending 10,000+ on making an app. You can test your idea without spending any money. You also get the most important resource without spending any money. Feedback from your customers.

u/wilmheath · 8 pointsr/magicTCG

It sounds like you want to do this as a hobby instead of a business. If you are wanting to do this to play more games then you will end up playing less games if you run a good business and if you try to run it as a hobby it's not going to be able to support you and will end up being more of a "clubhouse" than a professionally run game store. My largest piece of advice is to read If you do read that and still want to open a store feel free to reach out to me and I'll be happy to answer any specific questions you have.

u/NSAownsRSA · 8 pointsr/cscareerquestions

I compiled lists of interview questions from Glassdoor before my interviews and used Cracking the Coding Interview.

The interviews questions that I received were fairly varied. From what I can remember:

  • String Manipulation
  • Trees
  • Array Manipulation (Find duplicates, partial sort etc.)
  • Sorting (Specifically radix sort and quicksort)
  • Dynamic Programming (Pot of gold)
  • Concurrency

    There are a lot more of these topics covered in Cracking the Coding interview.

    My previous internships were for big non-tech companies. They weren't particularly interesting or impactful, but they were a line in my resume. Keep in mind that your resume is just to get an interview. Once you're in front of engineers, what you say and write in the interview are most important.
u/c0Re69 · 8 pointsr/cscareerquestions

I can name you a book, Cracking the Coding Interview.

u/Antoak · 8 pointsr/sysadmin

I started in the same boat as you, but I've been doing this for a few years now. Probably worse than someone who came up in a very structured environment.

Get a orchestration mgmt system setup, like salt, puppet, chef, etc.

Get monitoring set up if you haven't already. Central logging and automatic alerting, etc. If you have time, set up visualization for logs so you can see trends, using things like splunk or elk.

Make sure you have backups, and make sure you can actually restore from backups.

These are good, and written by someone with way more experience than me: 'The Practice of System and Network Administration, Second Edition', 'Time Management for System Administrators'

u/cos · 8 pointsr/sysadmin

I clicked here to suggest that book, but not surprised someone already has. It's the first comprehensive book about how to do the job of system administration.

Tom's Time Management for sysadmins book is another one I recommend.

u/ProgrammingAce · 8 pointsr/sysadmin

It sounds like you have a problem organizing your projects. I'm going to recommend a book that I think will help you out. I saw it recommended in this subreddit a few weeks back, and it's really helped me.

u/Re_Re_Think · 8 pointsr/lostgeneration

Because despite huge growth in worker productivity, grow in worker wages has been stagnant. You can ignore technological and efficiency advances and blame it on overpopulation and a world facing peak oil and other peak resources (meaning less consumption would be available per person), but that hasn't stopped capital gains from going through the roof, so that doesn't make any sense.

No. The political and economic system we've tacitly settled upon is designed to concentrate wealth (which is what the phrase "the 1%" was supposed to allude to). What's happening is that everyone except the single richest person in the country is being screwed, everyone up to that just slightly less and less so the higher you go.

That's why your wage sucks.

u/Berning_sensation · 8 pointsr/financialindependence

> Is there anything in economic research about this?

Yes, lots. For example, Capital in the 21st Century, published in 2015, was a blockbuster work of economics.

> What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality. Piketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality―the tendency of returns on capital to exceed the rate of economic growth―today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again. A work of extraordinary ambition, originality, and rigor, Capital in the Twenty-First Century reorients our understanding of economic history and confronts us with sobering lessons for today.

u/King_Tofu · 8 pointsr/personalfinance

the books reccomended in the faq provide abundant info. Specifically,

"The millionaire next door" -- explains the importance of defensive spending and talks about how fiscal responsibility is passed to your kids depending on your money attitude.

"I will teach you to be rich" is a good general primer.

"The boglehead's guide to investing" introduces all the options out there and explains why investing in low-cost index funds is best for the long run.

edit: "I will teach you to be rich" is a more stimulating read, followed by millionaire, and last is boglehead.

edit 2: Millionaire is more "mindset" with not many practical advice except for its section on how financial responsibility is inherited onto kids

u/help_me_will · 8 pointsr/actuary

Against The God: the remarkable story of Risk- Outlines the history of probability theory and risk assessment through the centuries

When Genius Failed - A narrative of the spectacular fall of Long Term Capital Management, a hedge fund which had on its board both Myron Scholes AND Robert Merton (you will recall them from MFE)

Black Swan/ Antifragility- A former quant discusses the nature of risk in these controversial and philosophical books. Some parts of this book are actually called out and shamed in McDonald's Derivative Markets, one or the both of them are worth reading

Godel, Escher, Bach- Very dense look into recursive patterns in mathematics and the arts. While not actuarial, it's obviously very mathematical, a must read.

Endurance- This was recommended to me by a pure mathematics professor. Again, not actuarial, but more about the nature of perseverance though problem solving(sound familiar). It's about Shakleton's famous voyage to the south pole.

u/Beren- · 8 pointsr/SecurityAnalysis
u/Codemastadink · 8 pointsr/investing
u/Ut_Prosim · 8 pointsr/offbeat

You might find this an interesting read.

Also, I don't think the state or federal governments will care about 0.9% and 0.005% of homes, but if sea-level rise starts negatively affecting NAS Oceana or the Norfolk ship yards, they certainly will take notice.

u/ambr8978 · 8 pointsr/java

On a related note, I also recommend Cracking the coding interview (Cracking the Coding Interview: 189 Programming Questions and Solutions as it is literally recommended by Google as study material for their interviews.

u/o--_--o- · 8 pointsr/DevelEire

get yourself a copy of this,204,203,200_QL40_&dpSrc=detail

have a look at this

watch a few mock interviews on youtube
attend meetups
join irishtechcommunity and have a look at the jobs section

u/kickopotomus · 8 pointsr/AskComputerScience

Go read Cracking the Coding Interview. It covers pretty much everything they are likely to ask you and has a bunch of practice questions with solutions/rationale.

u/forgottenCode · 8 pointsr/Veterans

Some tips...

  1. Look around at the curriculum taught by reputable boot camps to learn what is popular, as these boot camps are often concerned with career placement. Here's a list you can bounce off of: Here's what is taught by a boot camp in Seattle:

  2. Take a structured course like (don't pay more than roughly $12 for it; it's always on sale)

  3. Work towards building a portfolio of programming projects

  4. Gain some insight from the Stack Overflow survey

  5. Prepare yourself for coding interviews

  6. If you like to learn from books, I am a big fan of the format of Murach Books
u/Soreasan · 8 pointsr/cscareerquestions

Make your own projects or code to build a portfolio. Upload the code to Github to build an online portfolio.

Here are some excellent books that may help as well:

Elements of Programming Interviews

Cracking the Code Interview

Programming Interviews Exposed

u/poopmagic · 8 pointsr/cscareerquestions

>Do you find that the standard system of technical interviews (data structures & algorithms) is an effective way of assessing candidates? Why or why not?

When I was an undergraduate, the dominant interview approach involved brainteasers like "why are manhole covers round?" Initially, these were reliable indicators of future success. But after every other company started copying Microsoft mindlessly and asking the same set of questions, the approach quickly became less effective. People optimized for interview performance with books like How Would You Move Mount Fuji? and How to Ace the Brainteaser Interview.

Brainteasers were mostly phased out after Google introduced the current approach involving data structures and algorithms. Initially, these were reliable indicators of future success. But after every other company started copying Google mindlessly and asking the same set of questions, the approach quickly became less effective. People optimized for interview performance with books like Cracking the Coding Interview and Elements of Programming Interviews.

There are certainly parallels between what happened then and what's happening now. The difference today is that people have taken things to another level with platforms like Pramp and bootcamps like Interview Kickstart. New businesses keep popping up that focus on cracking the current system, and I don't think that bodes well for its future.

But what can we do about it? The fact is that any interviewing process can be cracked once its format becomes popular and standardized. Let's say that some major company like Facebook introduces a new standard that involves candidates giving two-hour presentations about significant personal projects and then answering tough questions from a committee. You may be familiar with this format if you've ever applied for a research position. I actually think this would be great for 2-3 years until everyone starts doing it and Gayle Laakmann McDowell or whoever publishes "Cracking the Personal Project Presentation." And then a bunch of new businesses will pop up to sell you slide templates, professional reviews, etc.

In short, I'm not a big fan of the current system (EDIT: because it's been "cracked") but I honestly don't know of a better one (EDIT: that won't suffer the same fate).

u/Fulminata · 8 pointsr/OSUOnlineCS

> I read that SWE internships typically have data structures/algorithms style interviews. Is this true?

Yeah, out of 3 offers only one of them had me do any interviewing that wasn't strictly DSA, and that was because they do banking.

>When's a good time in your OSU online degree progression for you to begin applying to internships?

Whenever you have time. It's July so you can probably catch the spring co-op cycle and definitely the summer internship cycle for most companies. All you need is enough data structures and algorithms knowledge to interview (anecdotally, I wrapped up all my interviewing while I was finishing 162 and discrete).

> How did you do it?

  1. I skimmed this $10 python dsa course first
  2. I skimmed cracking the coding interview (ignoring stuff like bit manipulation and system design, because most people aren't asking you that)
  3. And did common leetcode questions (only easy or medium though)

    Ultimately optimize for time, try to study stuff that 80% of people will ask you, but look at specific questions companies ask when you get down to the interview stage.
u/PM_ME_YOUR_SCI-FI · 8 pointsr/cscareerquestions

> Most of the jobs out there are temporary or contract (short/long/C2H)

This sounds patently untrue. I'm certain that the vast majority of people in CS have full-time jobs rather than temp or contract.

Recruiters won't even look at you if you don't have a knowledge in a specific stack (even for entry level)

Also untrue, especially for entry level, where good companies won't care what tech stacks you know.

> Recruiters don't even look at your resume, all they do is keyword search

Partially true. Resumes are often automatically filtered by how many buzzwords they contain. If you can use buzzwords without making your resume seem over the top, do it.

I've been told that I shouldn't even apply for SDE jobs because I'm a "tester" and how I probably don't know of any CS fundamentals (because my degree is in CompE, not CS)

Bullshit. Any company worth working for - most companies - will not take that attitude. They might be skeptical, but they would never suggest you don't apply.

> Interviewers don't seem to have interest in interviewing

It doesn't matter; it's their job. And most interviewers are competent at interviewing, so nothing to worry about, regardless of how "interested" they are. (Though an "interested" interviewer, while rare, is a pleasure!)

Companies have absurd hiring standards (they are all looking for a unicorn for 50-60k/yr pay, through contract)

Depends on the company.

> * Entry level jobs require years of PROFESSIONAL experience in a specific technology

Entirely false.


The current job market is fine, prosperous even. Craft a strong resume, post it in the resume advice thread, and send it out to companies. Apply to a bunch of companies, account for a 5-15% response rate (higher if you're more skilled).

Getting interviews will be the easy part; to pass them, you'll need to pass difficult algorithms questions. Books like Cracking the Coding Interview and Elements of Programming Interviews are essential reads; then go on a website like LeetCode and grind away at problems until you can solve easies in 20 minutes or less, mediums in 30 minutes or less, and hards in 60-120 minutes. I'd say a 3:9:1 ratio of easy:medium:hard would be a good ratio to go with, and do as many problems as possible until you're comfortable with where you are (for me, that was about 120 problems). The premium subscription is well worth it for problems tailored to certain companies.

Edit: spelling

u/imgram · 8 pointsr/investing

If you want to just save/invest passively:

For most people (who really don't spend the time to understand companies), I'm totally in support of what I call the Ronco Rotisserie method of investing: Set it and forget it! Buy some low MER ETFs and forget about them.

If you want to invest more actively, I like Peter Lynch's books, classics like The Intelligent Investor. For ideas, I'll look to Morning Star, Valuline, Credit Suisse, etc.

I don't trust sources that generate revenues off of views and/or clicks (CNBC, blogs, etc.). Most visibly, you see the militantly bear cases for Uber/Lyft here or militantly bull cases (at least until recently) for Tesla, which I think is impacted by sources that are looking to generate buzz. Then you go read something like Aswath's blog, Morning Star, or Credit Suisse which has a much more balanced view on the company when compared to MSM.

u/ThisAccountKicks · 8 pointsr/politics
u/the_curious_task · 8 pointsr/explainlikeimfive

A young person has spent his entire life having his needs provided for by his parents. So the only model he really knows is one where a benevolent authority figure takes care of people in need. Naturally he supports a strong welfare state.

As he grows older and becomes responsible for himself, he begins to understand that making good choices and working hard helps him do better in life, and helps him best provide for his family. So when the authorities take more and more of his earnings and give it to other people who he thinks are making bad choices and working less hard, he gets resentful. He wants the government to get stop interfering in his life. [Here I'm using a more classical understanding of conservatism, not the currently popular xenophobic, warfare-oriented understanding of conservatism.]

Also, in rare cases, as he gets older he'll learn enough economics to understand why welfare programs do more harm than good, and will advocate against them.

u/ExisDiff · 8 pointsr/GoldandBlack

I recommend you start with Hazlitt's book.

Try to avoid the capitalism vs socialism dichotomy, that is not going to be majorly helpful.

The most obvious is that taxes that is reducing the incentive to make a profit, but there are a myriad of other reasons that reduce the incentive that the book elaborates on.

u/JobDestroyer · 8 pointsr/GoldandBlack

If you're new to econ, I would suggest either Basic Economics, as /u/snatchinyosigns suggested, or "Economics in One Lesson" by Henry Hazlitt.

From there, you might want to get into some of the morality-focused books, if you want a short/easy one, I suggest "Anatomy of the State" by Murray Rothbard

If you want to learn about how an anarcho-capitalist society could work, I'd read Machinery of Freedom by David Friedman

u/CJP_UX · 8 pointsr/AcademicPsychology

Have you read Thinking Fast and Slow?

Cognitive psychology is where lots of decision-making stuff is housed, but if you start with cognition as a broad topic, it will take a while to get to decision-making.

u/ttg314 · 8 pointsr/investing

mayne, investopedia puts ya off on da right foot, ma all da articles. den u can start readin da good shit lyke ma nigga buffets book. also dis nigga khan will teach ya a lot of gud shit. member ta read da wsj, bloomberg, ft, dealbook, marketwatch, ect. to know wuts goin on in da wild markets.

gud luck ma nigz, if ya need more pointers just let a nigga know

u/madsci · 8 pointsr/smallbusiness

Predictably Irrational is a great book that covers this and a bunch of related bits of psychology.

u/pastarific · 8 pointsr/heroesofthestorm

> I don't own the Nexus Charger but I would be pretty pissed if I spent $40 on a Virtual Ticket for an exclusive mount and it's added to the store as a gold mount.


Mount was "priced" at $40. You valued the product at or higher than $40. The transaction was made. You were happy. The end.

If you have a problem with this concept, then you should consult a list of decision-making cognitive biases and consider where your problem lies, because your opinion (or buying thought process) is, by definition, irrational.

Further reading:

u/adhi- · 8 pointsr/nba

you would absolutely love this book.

u/Winham · 8 pointsr/WayOfTheBern

I really do need to read that. I recently read Daniel Kahneman's Thinking, Fast and Slow which is largely based on Epstein's work on dual processing.

I just checked out Tom Stafford's For Argument's Sake: Evidence That Reason Can Change Minds

>Are we irrational creatures, swayed by emotion and entrenched biases? Modern psychology and neuroscience are often reported as showing that we can't overcome our prejudices and selfish motivations. Challenging this view, cognitive scientist Tom Stafford looks at the actual evidence. Re-analysing classic experiments on persuasion, as well as summarising more recent research into how arguments change minds, he shows why persuasion by reason alone can be a powerful force.This is a collection of previously published essays, revised and expanded by the author, and accompanied by a previously unpublished introduction and annotated bibliography to guide further reading on the topic.Tom Stafford is Lecturer in Psychology and Cognitive Science at the University of Sheffield.

I have my doubts, but we shall see.

u/The_Biggest_Monkey · 8 pointsr/AskReddit

Hi! Psych major + bookworm over here. Some well written and accessible books that I've enjoyed reading are:

Thinking Fast and Slow from Kahneman

Willpower: discovering the greatest human strength by Baumeister

And Outliers by Gladwell

Baumeister and Kahneman are the leading figures on the research done within their particalur fields and these books show a glimpse inside of the kitchen, so to speak. (Iḿ not 100% sure about Gladwell, Iḿ on my phone atm). The books are well written, accessible, entertaining and fascinating.

u/AFuckingCentaur · 8 pointsr/politics

I believe it is called "9-11".

I would also recommend these:

The Responsibility of Intellectuals

Manufacturing Consent (the book)

Manufacturing Consent (the documentary)

He has written like 100 books so there is a lot. Those are probably good starting points. There is an anthology book called "The Essential Chomsky" that is a nice collection too.

u/TubePanic · 7 pointsr/italy

> Come da titolo, se siete esperti di economia ditemi un po' dove posso trovare una trattazione divulgativa della materia o un qualche corso online.

Dunque: IEA e' abbastanza tecnico e te lo sconsiglio, ma Undercover Economist e' divertente, e puo' valer la pena di leggerlo anche solo per intrattenimento; sulla stessa riga c'e' anche Freakonomics che pero' a me e' piaciuto molto meno.

Se poi ti viene la voglia, io inizierei con un po' di microeconomia, ci sono ottimi testi universitari che pero' costano un botto; pero' in genere si trovano usati a poco. Quello di Krugmann e' molto 'easy/pop' e con poca matematica (l'ho solo sbirciato, pero'); io ne avevo uno di Perloff e non mi sembrava male (ma parlo di un bel po' di anni fa; probabilmente c'e' qualcosa di piu' aggiornato).

Per i corsi online: una mia conoscenza ha seguito un corso su Coursera di un tipo indiano (non mi ricordo), ma era orripilante: un mio amico lo seguiva, mi ha chiesto di dargli una mano, ho provato a guardare uno dei video e non ho mai visto spiegazioni cosi' vaghe e confuse. Evitalo come la peste..

Credo che qualcosa di migliore sia su Khan Academy; vale la pena di guardare. (EDIT: ho guardato ed e' un po' stringato, ti servira' un supplemento. Krugmann, Perloff o qualunque altra cosa sia disponibile usata a prezzo ragionevole; evita le traduzioni italiane, pero').

Dopo aver guardato un po' di microeconomia, potrai decidere su cosa buttarti.

Se ti interessa la finanza e ti piacciono i romanzi, leggi Liar's poker, che mi e' sembrato spettacolare. E se a questo punto ti prende l'idea di capire cosa sono mai questi misteriosi bond e derivati, c'e' un ottimo e chiarissimo (ma un po' pesante) libro di finanza di Ivo Welch disponibile online; richiede un po' di matematica ma e' chiarissimo.

Ah, visto che ora va di moda la 'behavioral economy', puoi anche leggere qualunque cosa di Dan Ariely (tipo Predictably Irrational), ed e' sempre divertentissimo (e ha fatto pure lui un corso su Coursera con cui mi sono diverito un sacco). Ma se ti interessano poi gli aspetti seri, leggi lo spettacolare Thinking fast and slow di Kahneman (premio nobel, a ragione).

u/GundamWang · 7 pointsr/news

It's because we live in a democratic society, where unfortunately, the same people who believe all pit bulls are vicious dogs, a blink away from ripping your throat off, are the same ones who will vote to one day ban pit bulls based on false evidence. Furthermore, you should never, ever make conclusions based on bad data. That just seems like common sense to me.

In the past year, pressure cookers have been the single greatest direct terrorist threat to Boston. This is a true statement. It is also useless data. Making any judgements based around it is a waste of time, and really boggles the minds of people who actually know it's useless data.

Remember, statistics can be manipulated to show anything you want. A great book that my stats teacher had us all read:

u/Legend_Of_Herky · 7 pointsr/politics

I wish I could say I was surprised at the level of stupidity. You realize stock is ownership of public companies that......provide economic value? I don't even want to bother correcting everything else you said. Rather, here's a link to an entry economics book that might help you begin to understand the topic.,204,203,200_QL40_&dpSrc=srch

u/johnsmithindustries · 7 pointsr/personalfinance

Me too! For a little motivation, check out Mr. Money Mustache and Early Retirement Extreme. For some really good information, check out Get Rich Slowly and The Simple Dollar - both have extensive archives on frugality, saving, investing, and debt repayment. I read all of those every day.

Here are some basics:

  1. Start an emergency fund in a new savings account with 3-6 months of expenses. Don't touch this unless there is an emegency (job loss, car repairs, etc.). This will keep you from aquiring any debt and allows you to be bold with your savings/investment goals.

  2. If your employer has a matching program for your 410K, contribute as much as you need to get the match. This is FREE MONEY and as a bonus your contributions reduce your taxes for this year.

  3. If you have any high-interest debt (~7+%), pay it off. If not, start a Roth IRA and try to max it out every year ($5000/yr). I recommend low cost index funds or a Target retirement fund (aka "lifecycle fund") with a low expense ratio. Because contributions to Roth IRAs are from after-tax earnings, this money will grow/remain tax free for the rest of your life.

  4. If you have any other debt, pay it off as fast as you can using a debt snowball.

  5. If you have any left over, contribute the maximum you can to try and max out your 401K ($16500/year) - the more you contribute, the more you save on your taxes this year.

  6. Save, save, save. With your goal you need to save as much of your income as possible. If you can max your 401K and Roth every year, you'll be well on your way to financial security. But those are your retirement savings, and you won't be able to utilize them for a while. So your best bet is to save and invest a large portion of your remaining income - this will ensure that you will not have to take on any additional debt and can save thousands if not hundreds of thousands along the way (think paying cash for a house vs. a 30 year mortgage)

    ERE and MMM both are into frugal lifestyles combined with established passive income streams from real estate and investment earnings. That seems like the way to go, especially given the low prices for real estate and the increase in renting.

    I would also start reading on these topics. For an eye-opening motivational read, try The Millionaire Next Door - I recommend that to everyone regarless of their personal finance goals. For starters in investing, The Boglehead's Guide to Investing is great, and a lot of the information can be found free at the wiki. GRS has a great post from a while ago on the 25 Best Books About Money.
u/Mod74 · 7 pointsr/UKPersonalFinance

You don't need to set up as a limited company, but it will look more professional, and it will increase your accounting costs.

Being is sole trader is very simple from an accounting/tax point of view, being limited means you need to properly record everything, and you need to pay yourself a wage each month. There's other considerations which an accountant will talk you through. You'll also need him/her to submit your accountants each year for a cost of circa £400

There are tax and other benefits to being a limited company, but it really depends on your turnover/situation. If you're not selling goods, investing a lot or employing people then the tax benefits are negligible imo.

If you decide to be a sole trader, by law you have to write YOUR NAME Trading As YOUR COMPANY NAME somewhere on your invoices.

A decent accountant will walk you through the up and downsides and it's up to you really. You might ask yourself will your target audience be prefer to (or maybe only allowed to) buy from a registered company, or are they OK with a sole trader.

This is me speaking as a sole trader for the last 4 year, if any accountants respond they might see this differently.

Beyond that, you can make yourself look more professional by using a virtual office in a proper address. These start from about £30 pm for just the address and go up in cost if you add more services like mail forwarding, meeting space or even a telephone receptionist. Most of these business centre type places have upgrade paths so if things go well you could upgrade to a shared space or even a dedicated one.

If you're operating near a bigish city try to get a virtual office with an address with a central postcode, this will help you show up in Google Map results better.

You can also get VOIP numbers that travel with you wherever you're working so you can move office addreses if needed. I use a Skype Landline number which only costs £20 odd a year and means I can keep my number wherever I'm based, have an area code for the area I want to do business, it rings through on my PC, and (if the Gods are smiling) rings through on phone app as well.

If you don't have someone to turn to for logos/business cards drop me a PM and I can recommend a very good/value graphic designer. I can point you in the direction of more featured VOIP. And -whilst you probably don't need this- I make small business websites. Feel free to ignore this pargraph because I'm not trying to push anything on you, you'll soon discover that when you run a small business -initially at least- there's a lot more people interested in selling to you than buying from you.

I'd strongly consider looking into local business network meetings. Some are paid for and some are free.What they deliver varies wildly. If you want more in this just ask.

I'd also consider having a read of this.

And have a glance over here. There's not much of a UK business community on Reddit.

Good luck, anything else just ask.

u/jb611 · 7 pointsr/financialindependence

Read this book:

The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It

The sooner you go from the employee to the business owner the sooner you'll start building a company and huge wealth.

u/dkubb · 7 pointsr/Entrepreneur

I've always found E-Myth and How To Make Your Business Run Without You to be good resources for documenting processes. If there was software to walk you through the process it would be even better.

u/gameguy43 · 7 pointsr/cscareerquestions

It's never "too late" for smaller startups. Keep applying! Even if you get the offer halfway through the summer, it might still be worth it for the company to take you on for the rest of the summer.

Find smaller companies on and

What specifically is going wrong with your applications so far? You say you've gotten some phone screens--are you generally having trouble getting to the phone screen, or generally having trouble getting past the phone screen?

If you're having trouble getting past phone screens, there are a bunch of resources for brushing getting better at technical interviews:

u/pokoleo · 7 pointsr/uwaterloo

Going through jobmine, there are exactly two parts to getting a job:

  • Get the interview
  • Get the offer

    You get the interview by having a good resume, and knowing how to talk to recruiters.

    You get the offer if you appear technical. Socially fitting together with your interviewer is invaluable. You want to feel like a coworker.
u/electrace · 7 pointsr/slatestarcodex

>Obviously the fee wasn't large enough to create a sufficient incentive for many parents to pick up their children on time, but introducing it gave parents the impression that the fee made it okay.

I think that's the point. Or at least, that was the point in Predictably Irrational, the first time this example was given in a pop-econ book (to my knowledge).

In theory, any fee should increase the incentive. In practice, the small fee offset the social pressure that they felt to pick up their children on time.

>This isn't evidence that incentives don't work; it's evidence that badly-designed incentive schemes don't work.

It's evidence that not all incentives work. Introducing a tiny fee was a tiny incentive, and it didn't work.

u/smb89 · 7 pointsr/explainlikeimfive

This has been a big subject of academic debate. But the most popular theory among economists (but not necessarily other social sciences) is that it had a lot to do with the kinds of governments that colonists set up; which in turn had a lot to do with native geography and, in particular, disease environments. I did some of my postgrad on this.

In short - if your initial settlers survived, you set up a colony your people could go live in, and you set up government and institutions based on yours back home. They weren't democracies as we know them know, but they had property rights and rule of law.

If your initial settlers didn't, you extracted what you could from the people and the land and stayed as remote from them as you could. The government and institutions you set up were then effectively corrupt and exploitative to begin with.

The theory goes that institutions like that don't change quickly (revolutions can change them, but not always for the better), so countries that started at a disadvantage with the colonisation ended up at a disadvantage.

The most common example is the British Empire in ie Canada or NZ versus sub Saharan Africa.

If you're interested in further reading this was the original seminal research even if it does get a bit technical in parts ( There's also a related book by he same principal author which is more recent (

u/Fauler_Lentz · 7 pointsr/MapPorn

There are very few examples for countries that managed to build a well working state from nothing within a very short period of time. Most of the nations that are wealthy and not corrupt today went through a development that took them decades, or even centuries: The UK, France, Benelux, German states and Scandinavians all started developing public education and efficient administration in the late 18th or early 19th century, which is one of the reasons they all pretty much exploded in strength during the 19th century, while Italy, Spain, Easter Europe and Turkey stagnated and stayed as corrupt as they've always been. Japan is a rare exception, they joined the club in the late 19th century and went from irrelevant to first rate power in just 30 years, as is Austria, which was the only part of the Austro-Hungarian empire that did fairly well after its demise.

It's not a coincidence that Germany, Austria and Japan fared so well after the second world war. They lost everything of material value, but they didn't lose the people that are most valuable to a modern nation: Diligent officials, teachers, professors and industrialists.

Meanwhile Italy was - and is - still corrupt and unstable as always. The destruction the war brought with it did not help them become something better, on the contrary: one of the major benefactors of the downfall of the fascist regime was organized crime.

If you're interested in reading about what helped the nations that are well of today become that way, and why nations that were historically poor have such a hard time achieving the same, I highly recommend the book "why nations fail"

u/yankee-white · 7 pointsr/Bogleheads

Start by buying yourself a copy of the Boglehead Guide to Investing. It will be the best $20 expense you'll ever have in investing. Beyond that, we don't know much about you or what your investing goals are.

u/marcusaurelius_stoic · 7 pointsr/eupersonalfinance

It really depends which kind of saver/investor you are.

My recommendation is to start from with the bogleheads wiki:

u/Awesomeautism · 7 pointsr/stocks

This is what I tell all beginning investors, also being told this myself as a beginner, but before you find any sort of apps to trade on or taking stock recommendations, you need to figure out what kind of investor you are and develop an investing technique that fits you. What kinds of stock you invest in are mainly determined by how long you want to wait before selling the stock and how urgently you need the money.

Most investors are typically classified as either Defensive or Speculative. Defensive investors are ones who buy stocks in companies that have a long history of slow growth, and are not likely to make big gains quick. These kinds or stocks are the kinds people would invest in for their retirement or educational plans and are either classified as Defensive stocks (slow steady growth) or Income Stocks (stocks that pay out high dividends above the national inflation rate).Stocks like these would belong to companies that sell products that are classified as Essentials such as food, water, or energy.

Speculative investors invest in stocks that they believe are going to grow quick, and are willing to take on major risk in order to potentially see those large gains. These kinds of stocks are classified as Speculative (high growth and risk), Growth Stock (small or start up companies with high risk), or Cyclical (performance fluctuates with the economy in major losses or gains). These kinds of stocks would belong to companies that sell luxury products that may not sell well if demand is not high enough.

What you need to know is what kind of investor you are, and what kinds of returns you want, and how quickly you want them. Once you know that, you can find the right stocks for you. But now is the best time for people like you to be learning about investing, gaining experience, and investing in companies.

Once you know how quickly you want returns, and how much risk you want to take, you can begin to develop an investing technique that suits your comfort zone. This will ensure that you don't get ahead of yourself, and lose all your money in blind foolishness.
If you want an app to practice investing before you do the real thing, has a great simulator that lets you invest fake money and get accurate feedback of the market. The website also has a wealth of information about every subject you could learn about in regards to the stock market and trading.

Yahoo Finance is one of the best websites I've found for easily accessing the data you need on each stock and getting the best feedback of the current state of the market. You can also easily find stocks with the Yahoo Stock Screener.

If you want a book recomendation, The Intelligent Investor is considered an essential read for anyone who wants to have success, large or small, within the trading market. Warren Buffet, the most successful stock trader in history, said that it is "By far the best book on investing ever written." Here's the amazon page to buy it.

u/jay9909 · 7 pointsr/investing

I read the following, in roughly this order:

u/darthvoldemort7 · 7 pointsr/stocks

The old adage goes "give a man a fish and he eats for a day, teach a man to fish and he's got food for life" or something along those lines.

Therefore, instead of answering your Reddit post, I will refer you to the Bible of Investing, "The Intelligent Investor".

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Collins Business Essentials)

Don't be a sucker who plays the market. It's on a tear right now and everyone is overly optimistic. Place it in a vanguard etf or a robo advisor like betterment or wealthfront. Take the emotion out of your investing and enjoy the 4-7% growth over the next ten years.

u/prodigalOne · 7 pointsr/pics

Whatever I need to stay relevant or updated. At this time I'm taking VMware cert courses from Stanly college, just to stay ahead on my own time. If you're just starting out, take Network+ to understand that realm, but there are a lot of routes you can go in. I always carry around these books though:

The Practice of Network and System Administration

Time Management for System Administrators

u/InvisibleTextArea · 7 pointsr/linuxadmin

I agree with what others have said and I also have a book recommendation, "Time Management for System Administrators". There's lots of good ideas and suggestions in it.

u/girlgerms · 7 pointsr/sysadmin

Buy this book:

Seriously, one of the best reads ever and exceedingly helpful.

u/cheeseprocedure · 7 pointsr/sysadmin

<3 this book.

Limoncelli's other book, "Time Management for System Administrators," is also heavy on common sense but is absolutely worth a read.

u/PoorlyShavedApe · 7 pointsr/sysadmin

Grab a copy of Time Management for system Administrators and actually read it. It took me months to make the time to read it but it is worthwhile. To start with you get instant confirmation that you are not the only person in your situation and that there is hope to improve the situation.

If management will not let you have a second person talk to them about hosted email. That would remove a chunk of the "stuff" you have to manage. Do a three and five year ROI on it just to make sure, but you are likely to come out ahead after you factor in DR, licensing, and time. Use the old Exchange install and what it took to upgrade as examples.

Even with an open floor plan you need a ticketing system and you need to believe in the system. If people complain tell them the ticketing system is so that "I can better do my job helping you."

The personal PC crap has to end. You open yourself and the company up to liability working on personal hardware.

For your bosses, have a sit-down chat about their "lottery bus" plan. That is what if you a) get hit by a bus on the way home, or b) win the lottery on the way home. For the company it doesn't matter because you're not going to be in to work the next day.

u/azzbla · 7 pointsr/politics

Thomas Piketty's book is what you're looking for then. It explains everything you're asking for and then some in a very readable way.

u/Randy_Newman1502 · 7 pointsr/badeconomics

A better financial history type book is the Reinhart & Rogoff one.

As long as you are building a list, let me share my to-read list after I finish reading my current book:

u/billhang · 7 pointsr/philadelphia

Re: "good points" - as you surely know, the basic argument the Occupiers made has been quite clearly confirmed.

Re: "had to be reckoned with" - - just one example - - if Occupy hadn't established the one-percent-are-fucking-you narrative so firmly, Mitt Romney's "47 percent" comments would probably not have been seen so clearly as a one-percenter's hooey.

And an aside: last time we had an exchange, we were about eight comments in when you said something along the lines of, "keep typing, I don't even read your stupid shit cuz you're so wrong and dumb and I'm so right and smart haw haw." If that's still your way, let me know now - - I like a conversation, myself.

u/BaurusdB · 7 pointsr/Bitcoin

> The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight.

From the decent book:

u/gigamosh57 · 7 pointsr/RealEstate

This was from a chapter in the original Freakonomics book.

u/___________nope · 7 pointsr/personalfinance

Thanks! I am looking at software engineering positions right now, and I agree that the market is very hot right now. The last time I looked for a job in earnest was around 2011, and it was depressingly hard to get a foot in the door.

Since others in the field might read this, I recommend getting "Cracking the Coding Interview" to prepare. I felt much more confident after reading this book. The author does an excellent job of explaining what interviewers are looking for and there's a lot of material to use for practice.

u/TheStudyOf_Wumbo · 7 pointsr/UofT

You're GPA is great so you don't need to worry about that, IMO I'd list it on your resume.

I would recommend the following:

  1. Do this book, attempt all the chapters if you can (you might be able to leave out threading, but I still recommend it): (Note: there is a better book but this is a good starting book)

    While concurrently (har har) reading the book, any data structures you don't know, learn. Program them and test that they work.

    Further, check out CSC263 materials and see if you can implement the data structures. You should also at the end of CtCI be able to attempt some of the assignments from CSC263 and complete them.

    Also try coding problems on hackerrank or leetcode or w/e the sites are called -- note they can be demoralizing on hard but it's worth it and you learn a lot

  2. Now that it's the summer time, try to create some bigger projects. If you're going to make a smaller project then make sure you learn something inside and out... for example if you're learning Java and do something with reflection, go absolutely ham on learning how reflection works

    Pick a language and learn it well, again if you do Java, then know how garbage collection works and other core language features (ex: If I ask you what a GC root is, do you know? [ask yourself this in 4 months] Can you compile from the command line? Do you know what Maven is and how to use it? Can you use lambdas and the new stream API? What is type erasure? etc)

    C++ is great at removing your hair, but you'll learn a lot... and if you ever have to work on a C++ project you won't want to kill yourself when you accidentally do object slicing or something funny like this.

  3. Learn SQL/databases/one ORM framework, and interface it with your language of choice (will make CSC343 much easier for you)

  4. Try to learn some web stuff so if you come across it you won't be confused by what to do. Making your own personal site from a template is a good start

  5. Learn either Git or Mercurial well, and good practices (ex: always branch and pull to the master), which will dramatically save you headaches when you get hired. You do not want to be 'that guy' who fucks up the repo...

  6. Learn C or assembly if you can, this will give you the bigger picture and make CSC209/CSC258 also A marks for you (I recommend NASM but MIPS or ARM can work great too)

  7. Get someone to proof read your resume, I don't know anyone who had a proper first resume.

  8. IF YOU CAN... try to contribute to a massive project. Committing even a one line bug fix to a massive project can be a significant amount of work and looks really good on a resume. In fact, I've been told by multiple employers that seeing someone do work on a massive code base that isn't theirs is great brownie points for getting hired since that is what you'll be doing.

    Obviously put your work on github or somewhere, though I think you know that this is implied

    As you can see, attempting the above will directly benefit the following courses:

  • CSC207 (if you do Java)
  • CSC209 (if you do C, or C++)
  • CSC258 (if you do any assembly)
  • CSC236/240/263/265/373 (from CtCI, general experience, etc)
  • CSC301/302 (if you do contributions to a large database)
  • CSC309 (if you do any web stuff)
  • CSC343 (databases)
  • CSC369 (threading, other misc stuff)

    Sounds good doesn't it? Though this is probably only possible if you are doing literally nothing over the summer ;)
u/HandsomeRuss · 7 pointsr/books

In my opinion, his most important work is his propoganda model and writings on the mass media.

Manufacturing Consent

u/iMightBeACunt · 7 pointsr/dataisugly

I hope you're sincerely interested, because I am going to answer like you are :)

Each bracket has no relation to the next one. Drawing a line implies that there is a functional relationship between family income and SAT score. There IS a trend, but this is not the proper way to imply a trend. This implies something else at hand, like an equation or something.

I know I am not phrasing this well.

But even a bar graph would make the data look better.

Another thing to note: look at the axes! The y-axis starts at 400 and ends at 600. The altered axis makes the data seem more extreme. 200 points difference IS a large difference in SAT scores, but the way they represented it made it seem even larger.

If you are genuinely interested, there is an amazing book called "How to Lie With Statistics", which you can buy on Amazon that teaches you about all the naughty things that people do to manipulate their graphs to look better! Or you can download this powerpoint which goes over how to display data badly, haha!

u/DavidRoyman · 7 pointsr/todayilearned

The way /r/GoodMerlinpeen/ has presented this statistics is taken out of an example from this book

u/pencil_and_paper · 7 pointsr/vancouver

Its the process that numbers were calculated with that you should also be concerned with. Mailing address isnt a good proxy for 'foreign' as many commenters are pointing out.

I could do a bull shit study on shit data and feed you some numbers, but hopefully you would be sceptical about it!

Also check out this book How to Lie with Statistics for a decent explanation.

u/AmIMorty · 7 pointsr/agile

this this this this this.

Scrum is not for you in this situation, /u/alookaday

Lean Startup is what you need. by Eric Ries.

u/drMorkson · 7 pointsr/booksuggestions

Thinking, Fast and Slow by nobel prize winner Daniel Kahneman.

It is an amazing book and I have recommended it to almost everyone I know. It is really thoroughly researched.

from wikipedia:
>Thinking, Fast and Slow is a 2011 book by Nobel Memorial Prize winner in Economics Daniel Kahneman which summarizes research that he conducted over decades, often in collaboration with Amos Tversky. It covers all three phases of his career: his early days working on cognitive bias, his work on prospect theory, and his later work on happiness.

>The book's central thesis is a dichotomy between two modes of thought: "System 1" is fast, instinctive and emotional; "System 2" is slower, more deliberative, and more logical. The book delineates cognitive biases associated with each type of thinking, starting with Kahneman's own research on loss aversion. From framing choices to substitution, the book highlights several decades of academic research to suggest that people place too much confidence in human judgment.

u/listenerreaderwriter · 7 pointsr/ColinsLastStand

Information which threatens your core beliefs is perceived by the brain very similar to a physical threat. A visual introduction to confirmation bias and the backfire effect (5-10 min to read):

A big reason for the current situation is the media landscape. People often are not even in the position to ignore expert opinion because it does not penetrate their media bubble.

We even ignore expertise of ideological allies when inconvenient. Like how Republicans portray an overly simplistic picture of how markets work. How often do you hear "negative externalities", "information asymmetry", "market failure", "monopoly" or "oligopoly"? Markets are great, but not magical.
Healthcare as an example (30 min to read, a little technical):

A great book about how our reasoning skills are more limited than we might think:

u/BrusqueWillis · 7 pointsr/IncelTears

>no one tried to tell my that my thinking is wrong

It's a difficult task, because the way our brains work makes personal experience supersede external information that contradict it, even when scientifically, objectively, our experience is... not "wrong" per se, but so incomplete that it veers into "wrong" teritory. I teach people how to get along with people, which is mainly applied psichology and neurology (specifically social neurology), so I come against this feature (it's not a bug, it's a feature) every time. For reference: Daniel Kahnemann's work. For reference: Chris Niebauer's book.

Your brain dupes you (it meakes you wrong, giving you the impression you're right) in several key areas relevant to our discussion here:

  1. What You See Is All There Is: our brains operate on the assupmtion they have all the info needed to make good decisions and reach true conclusions, neglecting that there are swathes of information that might be / are relevant and that finally change the outlook completely.
  2. Our Left-Brain Intepreter has the task to keep the story in our heads logically consistent, not correct. As such, it will gladly add to reality, or substract from it, only to keep the story. Please see this and this.
  3. To accomplish this task, the LBI resorts to cognitive biases like overgeneralization, personalization, confirmation bias etc.
  4. Its work is so powerful and so well hidden from conscience that most people, when confronted with science, will readily deny science ("well, that might be true but not for me") than accepting our thinking might be flawed.

    In your case, in order to examine what biases are in play and what is their result, I'd start questioning the hidden meaning of your use of notions like "chad", "betabux" and such. It speaks to overgeneralization (with a heavy serving of dehumanization) and confirmation bias.

    Humans are unique. There are, of course, trends (sociology doesn't exist for nothing) but so far no human being looks and act exactly like another human being always and in all aspects; more, humans change over time: experience, opinions, world views and behavior shift as time passes. That would be the first step I'd take if I were you: stop working with archetypes and start looking for tiny differences. The world will get extremely rich if you do that.

    TL;DR: you're wrong, but your brains won't let you see that and you have to voluntarily challenge it to improve your life quality.

    Edited to add: and I didn't even touch the issue of cultural and social norms and conditioning, learned helplesness and many other phenomena that interfere and change all the stuff above.
u/sbonds · 7 pointsr/personalfinance

>Man, this subreddit always makes me feel like garbage.

Don't sweat it. Just by reading this and caring you're ahead of most people. The subreddit will self-select for people who have the time and money to invest.

> 401k up to employer match
Max out Roth IRA
>* Max out 401k

Even if you only get partially through the second step, you're still doing well. The money you invest now will be worth much much more after growing for a couple decades. The habits you develop now on good saving will be even more valuable. :-)

>That's it. I don't really know the difference between stocks and bonds and I have no idea what any of these acronyms are, but I guess that's why I'm here: to learn.

Here are some good books to learn from-- go check your local library for them or even an earlier version:

u/Katsas_pl · 7 pointsr/investing

Both are amazing.

"Knowing what I do now, if at age 21 I'd had my choice of $2,000,000 or the wisdom to understand the concepts in this book, I'd choose wisdom. "

u/sdv92348h2f0h8240h · 7 pointsr/technology

A government agency isn't a part of the free market. The hypothetical free market solution would be having multiple completing licensing agencies (like you have with some goods like plastics/oils) that other companies require to work with them (at the community level or otherwise) and if any of them were to openly violate trust they would be thrown out and one of the other companies would be preferred. Would require very different infrastructure but that's not surprising as you'd have to be a bit confused to call the current system a free market.

It's also not mythical it's a pretty clearly explained and defined thing. Here is a good intro book.

u/PC__LOAD__LETTER · 6 pointsr/personalfinance

Mutual funds are probably your best bet for getting started. Super simple, instant diversification; just set it (monthly contributions), forget it, and let compound interest work. Check out this book: The Bogleheads' Guide to Investing.

If you'd like to do something more active, there's nothing wrong with that, it's just very hard to beat the market. Most professionals can't even do it consistently.

u/Annihilia · 6 pointsr/Anarcho_Capitalism

>BTW.. in the history of the world it is mostly innovations that are putting people out of work. Not putting people TO work.

Might I suggest this book before you go lecturing about things you have no idea about?

Yes, let us abandon the use of automobiles in order to return to the glory days of the booming horse and buggy industry where it took about ten people at most to put together a vehicle..

Or why don't we stop using cell phones? I'm sure the laid off land-line techs will appreciate this, but what of the many thousands of app developers, accessory manufacturers, researchers, and wireless infrastructure engineers that exist as a result of this advancement?

u/NuclearTurtle · 6 pointsr/CapitalismVSocialism

My first thought was Henry Hazlitt's Economics in One Lesson, but Basic Economics works just as well

u/spendabit · 6 pointsr/Bitcoin

If you're looking for something more concise (as an intro to economic thought), Economics in One Lesson is a go-to resource. (Also avail. for BTC. :D)

u/chilldontkill · 6 pointsr/sysadmin

>I believe I understand the science behind procrastination, but I just can't seem to apply any methods to my life.

Do you have a ticketing system? No. Then, roll a ticketing system with email pickup. OTRS or RT.

If yes, immediately put in place a SOP(standard operating procedure) company wide, that all requests with the exception if critical ops are down, that all requests go through the ticketing system. Back that up with action. With no action, unless it comes through the ticketing system.

>I am the only IT guy at a 80+ user company (which is pretty lax most of the time). Because our ERP software is terrible (Which I didn't choose and constantly argue to get rid of)

You accepted the position and all its responsibilities. Stop trying to change what is and accept that yes you have a POS ERP solution. You're fighting the wrong way. You should be asking yourself how can I make this ERP work for me, instead of fighting to get rid of it.

>I spend most of my time at work generating SQL queries for basic user requests such as order statistics and the like. It turned me into a IT zombie where I procrastinate on all my IT projects unless it's directly in my face.

Can you not automate these procedures? Perhaps scripts users can execute on their own to for order statistics and the like?

> Before I started 4 years ago, I was always reading IT books and going to college and was enjoying learning and experimenting. Now, I almost feel afraid to read about new things or refresh my knowledge because I know I've been out of touch for so long.

You are spending too much trying to figure out the same things day in and day out. You need to start using a ticketing system religiously and start documenting everything. Everything.

> This gives me constant anxiety even while at home, knowing that there are a lot of things I need to work on but haven't in months, such as fully setting up vCenter/vMotion, Configuring the PS SAN array properly, etc. Whenever I try to work on a project, I feel it requires so many prerequisites, let it be knowledge/reading manuals or running out of network ports on a switch, that I'm in a constant juggle of accomplishing nothing.

As munky9001 said you need to let go of work when you leave work. With the policy and ticketing system in place. You can then only respond to operation crit emergencies. Then, when you get in the next day all your open tickets will be in your face to remind you what to do.

> I'm wondering if anyone out there has experienced a sense of losing flow and confidence as a sysadmin and what they did to get back in the game?

Every sysadmin has. You aren't growing enough and just dealing with the same bs. You need to prioritize, organize and document.

The way I attack my ticketing queue:

  1. In the morning I check for failures and the logs. Any emergencies I handle.
  2. I then do all the tickets that do not require me to leave my seat and do not take longer than 3 mins.
  3. I then process all the other tickets in the order they came in, of course prioritizing along the way.

    I also recommend reading:

    A short version of both, at least read this.

u/natriusaut · 6 pointsr/sysadmin

THIS. So much. I bought this and its really helpfull imho, but you should do it.
I have to keep it up. Thanks for reminding me :)

u/roo-ster · 6 pointsr/politics

Read this book, and you'll know.

Capital in the Twenty-First Century by Thomas Piketty

u/SammyD1st · 6 pointsr/Natalism

The answer is so obviously yes that this seems a pretty trivial criticism.

Further increases in population allow for increase economies of scale, which allow for increased specialization and therefore increased wealth. Adam Smith's parable of the pin makers doesn't work if there's not enough people who are pin makers.

If you'd like just one specific noteworthy example, I would point to Piketty's criticism that population stagnation is the major cause of income inequality.

Another good random article on this topic:

I mean, there's lot to debate on this subject. But to merely be able to even "think" of "any problem" is a pretty low bar, that's very easy.

u/treysmith · 6 pointsr/Entrepreneur

No problem, glad you enjoyed it.

If you are interested in game design, read The Art of Game Design by Jesse Schnell. At least skim it. It's great and gets deep into the emotion and psychology of game design.

For business stuff, I got a lot of input from the classic E-Myth Revisited. I won't say it didn't get boring, but the actual point of it (systematize EVERYTHING) is a really important concept to learn. That changed the way I do things and now we have systems for everything in the company.

Read Crossing the Chasm when you start getting traction. It's a very important book that answered a lot of questions for me.

Right now I'm reading Behind the Cloud by Benioff, and man, this book is also great. I had no clue they used a lot of fairly controversial tactics to get press and traction. It's a good read.

u/openg123 · 6 pointsr/Filmmakers
  • Get books on starting a business. There are plenty of them and you don't have to read them back to back. Get them as a reference and reference them often. The Small Business Start-Up Kit and Start Your Own Business, Fifth Edition are good ones.
  • Accountants and lawyers will be very helpful to getting you guys get setup. Seek them out and bring them on board early.
  • Form a corporation. Either an LLC or S-Corp. If someone sues your business for a million dollars and wins, they can only take what the business owns, not what you own personally (your car, your house, etc.).
  • Create a business bank account and business credit cards. This will be critical for bookkeeping purposes and for keeping track of expenses.
  • Are you forming a partnership with your friends? How will you work out the percentage each person owns? Will it be based off how much capital each person contributes? Be VERY careful with partnerships.. treat it as if you are marrying someone. Because that's what it is. Your business partner can drastically affect your life positively or they can destroy your life. Even if you like each other now, money can change things. Be future minded and write up an operating agreement to protect all of yourselves. What if 10 years down the line you want to quit? Or a business partner wants to move to another state and wants to quit? Who gets what? Don't leave this to chance or goodwill or you will regret it.
  • Learn accounting software. Your accountant will likely have a say in this but it is ultimately your decision. Most accountants are familiar with Quickbooks or Quickbooks Online. There are alternatives like Xero. This will help you track your expenses and be critical to filing taxes.
  • Get CRM software to keep track and manage your clients. ShootQ is one of the best in the wedding realm, although it can take time to learn and get it set up.
  • Get project management software (Basecamp or Apollo). This will help everyone in the business stay up to date on to do task lists and deadlines. Apollo has time tracking software which is helpful in knowing how many hours you spend on a project. Historical data will be useful in knowing how much to charge for future projects.
  • Be wary of taking out any loans. It's often better to bootstrap yourself off the ground.
  • If you don't take a loan, you all may need to work side jobs to pay the bills until you are ready to go full time. Don't expect to have enough cashflow to pay full time salaries for a few years. This is just being realistic.
  • Weddings have a low barrier to entry. Do your first or two for free to build up a portfolio. Then charge very little. If you're not charging a lot, don't create a million hour long edits for them. Charge little and promise little so you're not stuck with them. Same principle applies to commercial and corporate. Seek out the type of work that you want to do, approach businesses and offer to do it for very cheap or for free. Do a killer job so that it looks like they paid you a million bucks. This will open doors.
  • It is very easy to get bogged down with wedding edits. Consider yourself warned. Sifting through hours of footage and piecing edits together is a lot of work. Do not underestimate it.
  • Only market the work you want to attract. Don't post all your work on your blog.
  • Contracts are important to look professional, and more importantly, to protect yourself. A lawyer will be helpful here. Many books on filmmaking also have sample contracts.
  • You are essentially a start up business. Be prepared for long work weeks, very little pay, and high stress. Not everyone is cut out for being a business owner. Don't think it will be like a 9-5 job.. you don't go home and tune the business out.. it will be very much a part of your life. I'm not saying that it should take OVER your life since you should do everything you can to maintain some sort of work-life balance. If any of you are married, you will need supportive spouses who are willing to make sacrifices.
  • Read The E-Myth. It reads like a story but will teach you very important business concepts and how to think like a businessman. This is very important as you start to grow.

    This just scratches the surface. It's not rocket science, but it's a lot.. it will take time. CONSTANTLY evaluate and look for things that can be improved.

    Source: Started a few businesses, the current one being a filmmaking one.
u/bdog2g2 · 6 pointsr/AskReddit

I've read most of Kiyosaki's books and listened to the audio versions of him and after initially being swoon by him and the enthusiasm he drummed up in me by appealing to emotion, I later came to the conclusion he is a hack. He and Tony Robins has a similar style.

Gary Vaynerchuck is a decent alternative, though he does the same thing as Robert, but at least gives you something to work with.

E-myth was one of my favorite books to read about entrepreneurship mainly because it helps you realize what you're going to get into by working on your own thing. I can't recommend E-Myth Remastery though because it's very much a rehash of the original.

u/MarsColonist · 6 pointsr/TheBrewery

Grass is always greener... where there's shit all over the ground...

If beer making is a cathartic hobby to your well-paying day job, think long and hard as your hobby you enjoyed is now mandatory work that you must upkeep on a schedule, and you might need to have a significant bankroll when time get tough. Also, take a reasonable estimate of cost and double them, same with time to complete.

I also suggest reading the "E-Myth Revisited" which talks about how having the technical knowledge is not the same as having the business acumen to run a business. With "technical passion" being a notable driver for you, read this book as it makes distinctions between working on your business and working in your business. If you are leading the company, you wont shouldnt be making the beer...

Your location, your knowledge base, financial backing, prior experience in dealing with the management of resources (people, product inventory, logistics) will all play a huge part in your ability to pull it off. A SOLID marketing plan is critical as there are lots of new breweries popping up EVERYWHERE, and distinguishing yourself during your infancy is getting harder and harder to do. Not all will succeed.... cash flow is PARAMOUNT.

Anyway, good luck in your endeavors. I still wonder if this was the right choice for me.. hours are long and compensation low (but I have substantial equity!) but people like the product so I have that going for me.

u/pleaseprovideadvice · 6 pointsr/vancouver

I can only recommend bootcamps for 2 types of people:

  • Someone with a CS degree 10 years ago and needs to update skills quickly, changing cities, or going back into tech a career
  • Someone who cannot commit to a 2-4 year degree program due to family, financial or other commitments

    But for the rest, I think you're better served biting the bullet and going back to school for an actual diploma or degree program.

    For what a bootcamp provides, I think it's really expensive ($8600-9000 over 2-3 months). Ironically, the appeal of a bootcamp is also the main flaw of a bootcamp: time. For people who have no tech background (which is the main target demographic of bootcamps), you're essentially cramming all these tech concepts, languages and frameworks in 2-3 months. Are you going to retain all of this information 6 months later?

    When you graduate from a bootcamp, you're competing with CS graduates, diploma students who had years to hone their skills. Give yourself an honest assessment and ask how you'll do against them?

    I highly recommend going through a book called: Cracking the Coding Interview

    These are the type of questions that the top companies will ask. Good luck with your pursuit!

u/iimpact · 6 pointsr/cscareerquestions

I would recommend brushing over some basic CS concepts first. Since you've been out of school for a few years now, it might be a good time to start working on little side projects and/or programming exercises if software engineering is what you want to get into.

You can also check out this book, which will help you prepare for a programming/tech interview.

What type of job are you looking to get? Are you interested in software support? development? IT? Your preparation will depend on what route you want to go down.

u/WaxenDeMario · 6 pointsr/cscareerquestions

Yes! Also, quite honestly I don't know that many CS majors who took linear algebra at my school for whatever reason.

Where do you get started?

  • If you're the type of person who likes an organized class to learn concepts, consider checking out coursera or other similar websites which offer free online learning courses! Check out their CS offerings and start from the intro.

  • I must be known for spamming this SR with this, but check out CLRS, it pretty much contains most of the "CS math" you need to know for algorithms. As well as pretty much all you need to know about Algorithms and Data Structures for any basic job.

  • REALLY make sure you understand your Algorithms and Data Structures, nearly every interview for a basic position centers around these topics. As well as some others, depending on the company: Bit manipulation, multi-threading, TCP/IP, etc.

  • You want to learn some mainstream language as a lot of other people mentioned: C++, Java, C#, Python are a few that come to mind (though there are more like Ruby!). Side Note: Some people have differing opinions on whether C++ is good to learn as a first language. I don't know C# (but from its apparent similarity to Java) I would say C++ is probably the most difficult language to learn of the four I listed, but I feel that it also provides the most flexibility, because once you understand C++ it's easier to trainsition from C++ to Java, than say Java to C++ (similar for the other languages).

  • Practice! Start working on some Project Euler problems, or other practice problems. Bonus: Someone in another thread mentioned that they made a blog post for each problem they solved and explained every one of their design decisions. This seemed like a bit over the top, but it really is a good practice for an interview and a job! You can even put a link to this on your resume to share.

  • Find an Open Source to contribute to, come up with your own projects and post them on your github! This can show off your skills to a potential employer!

    Bonus for programming:

  • When coding alone it's easy to get lost and start "hashing" together code. When you get to big projects, you'll find that this causes a lot of problems (and when working with other people it can cause even more). Some things to keep in mind when coding:

  • Make sure your code is maintainable.

  • Make sure your code is scalable.

  • Test, test, test!

    Maintainable kinda means that your code is easy to test, easy to comprehend (by others) and easy to modify. Read up on different design patterns to learn more about this.

    Scalable is something you'll learn more about later, but basically it's kind of thinking about whether your code will be "good" enough to handle a lot of users (how fast is it how much memory will it take up)

    Testing is very important when coding. You want to try to write small pieces of code then test it (i.e.: make sure it works).

    All three of these things show up a lot in interviews, and if you can relate why you made your code the way you did to one of these three points (or something else) you should be pretty well off :D

    How do I land an interview?

  • In your resume make sure to list any CS projects you want to mention, a link to your website (if you have one) or to other work. As well as Operating Systems you're familiar with (Linux is a big plus, but not absolutely necessary), IDE's you're familiar with (things like Eclipse, Visual Studios), and Languages you know. If you can, make sure to relate those three bullets to your project and work somehow to reiterate your experience with each language.

  • A lot of recruiting is done on-campus, but there are other options, like applying online or even better...

  • Network your way in. This gets your resume through the massive HR screen

  • Edit, edit, edit (ask friends who are in the industry).

    How do I study for an Interview?

    Typcially, an interview will have you and the interviewer. The interviewer will first ask questions about you, what you're majoring in. And then maybe ask questions about your previous projects, and then he'll throw you a programming problem. Sometimes these can just be questions like "Which is faster: quicksort or mergsort?" or something like that, but other times they'll have you code something. If the interview is online, this will either mean you'll need to tell them the code you're writing or you'll code online on some collabarative envirionment (i.e.: you type the code online). If it's in-person they may have you write on a whiteboard. There are other formats of interviews as well, so make sure to research. Typically, for most larger companies, they won't care what language you code in (hopefully though it's mainstream!), but if you don't code in a language which they use, they may test you later for proficiency in one of their languages.

  • As I mentioned before, Algorithms and Data Structures are usually go-to's for interviews, but other topics may come up so check out the req's for each job specifically.

  • It may have been a while at this point since you studied your material, to brush up on interview questions, Cracking the Code Interview is a great book to brush up on your topics for an interview, it also has some resume advice, etc. if you choose to follow it.

  • Be sure to practice talking out loud while you're coding, as this can help you during interviews. If you're stuck but your thought process is good an interviewer can help push you in the right direction.

  • If you struggle with interviews, try having a friend who you know has experience and having him ask questions, better yet if you know a friend at the company, ask him to mock interview you.

  • If you have time ALWAYS make sure you run test cases through your code mentally, and mention the test you're running and what it's supposed to catch (expected behavior) to your interviewer! If you have time and choose to ignore these, it can give the interviewer a wrong impression :\ (it also makes you look really good if you come up with all the boundary cases)

    Sorry, not sure if this helps or not!
    Good luck!
u/shhyfz · 6 pointsr/uwaterloo

Read this
It will help you pass the interview process.

But before that you need to have a strong resume to attract recruiters.
Build a personal project. Participate in algorithm contests(acm).

u/McKoijion · 6 pointsr/changemyview

I once hosted a talent show. I had to announce a winner. I was handed three index cards with the names of the winners. I didn't screw it up, but I felt like I was about to. Here is a quick recap of some of the stuff I thought about in that moment:

I was onstage in front of hundreds of people. I had to come up with witty things to say off the cuff. I had to remember to stand in the light. I had to remember to hold the microphone at the right distance (too close causes interference, too far means no one can hear me.) I had to look out at an audience of people judge everything I did. I had to worry about whether a joke was going to land or not. I had to think about my delivery. I had to make sure I didn't say the names in the wrong order. I had to make sure I didn't drop the cards on the floor. I had to come up with something to do when the winners were walking up to the stage to collect the prize I was about to hand them. I had to make sure I didn't spend too much time staring at the cards (have you ever had shared an awkward silence with someone? Every second feels like an hour. This experience is like that on steroids.) I had to make sure I pronounced the names correctly.

All of this stuff flashed in my brain in the five seconds when I got the card and read the first name. I'm the kind of person who has to read and reread my emails three times before I send them to make sure I don't have any mistakes. Heck, I read and reread my Reddit posts multiple times before I post them. On stage in front of a large crowd, you don't have time to do any of that. You just get something in your head, and go with it.

If I had to read that card the same way that Steve Harvey did, I would likely have made the same mistake too. That card is a nightmare. It is the opposite of good design. It seems slightly confusing, but still clear when you are sitting at home without anyone judging or waiting for you, but under those lights everything moves at light speed. In a high stress situation, people use different reasoning. They rely on simple heuristics instead of clear logic. Fire exits are red and glow for a reason. Pilots have extensive training and labeled emergency buttons for a reason. When people are under pressure to make quick decisions, they think differently. Check out the book Thinking, Fast and Slow. It's written by a Nobel prize winner, and it really captures exactly why a pilot, surgeon, or live tv host could make such a seemingly stupid mistake. Unfortunately for that event, they didn't have anyone as competent as a pilot or surgeon. They had Steve Harvey, arguably the stupidest person I can think of.

Overall, having been in a similar situation, I think it's completely understandable that Steve Harvey screwed it up. Any jackass can be a Monday morning quarterback. But unless you've felt that kind of pressure before, I don't think it's a fair criticism.

u/_belikewater · 6 pointsr/Meditation
u/drwicked · 6 pointsr/hsp

You are not alone in feeling this way. The way I think of it is I feel like I have the wrong kind of interpersonal Velcro for most people, so they just don’t stick like I perceive most other people stick to each other. It’s understandable for this to make one feel defective, and very alone.

I try to twist it and think of it as an advantage, I think the upside to this means that you can be capable of tremendous self-sufficiency. Invest in you. Take care of yourself even when you want more than anything for someone else to take care of you.

I’m also prone to beating myself over the head with painful facts like “everyone always leaves me”, “nobody loves me like I love people”, etc. these feel so true because you might not have instances to contradict these “facts”. But in truth this is a fallacy summed up as “what you see is all there is” by Daniel Kahneman in Thinking, Fast and Slow link. Just because everyone has left doesn’t mean everyone will always leave. There are billions of humans and we happen to be a tiny percentage who have this sensitivity, there are still millions of us and millions more who have the empathy and imagination to understand us to some extent. Don’t give up. Good luck.

u/PrototypeModel · 6 pointsr/Political_Revolution

It's a good thing smart people have been talking about this for years. Here, have a documentary. There's a book too!

u/big_al11 · 6 pointsr/politics

It's always been like this. If you're interested check out:

Rich Media, Poor Democracy: Communication Politics in Dubious Times by R. McChesney

Necessary Illusions : Thought Control in Democratic Societies by N.Chomsky

Our Unfree Press: 100 Years of Radical Media Criticism by R.McChesney

Beyond Hypocrisy: Decoding the News in an Age of Propaganda by E.Herman

Inventing Reality: The Politics of News Media by M.Parenti

Dollarocracy: How the Money and Media Election Complex is Destroying America by R.McChesney

Manufacturing Consent: The Political Economy of the Mass Media by E.Herman and N.Chomsky

Constructing Public Opinion by J.Lewis

The More You Watch the Less You Know by D.Schecter

The Political Economy of Media: Enduring Issues, Emerging Dilemmas by R.McChesney

Gender, Race, and Class in Media: A Critical Reader by Dines and Humez

Beyond Consumer Capitalism: Media and the Limits to Imagination by J.Lewis

Propaganda by E.Bernays

Make-Believe Media: The Politics of Entertainment by M.Parenti

When News Lies by D.Schecter

Media Control: The Spectacular Achievements of Propaganda by N.Chomsky

Will the Revolution Be Televised?: A Marxist Analysis of the Media by J.Molenyeux

All these guys have youtube lectures if you aren't much of a reader. Alternatively check out the following documentaries:

Manufacturing Consent

The Myth of the Liberal Media

The Power of Nightmares


Class Dismissed: how TV frames the working class

The Power Principle

Project Censored: Is the Press Really Free?

Or you could even do a course in media literacy and watch Sut Jhally's lecture series on Media, Public Relations and Propaganda.

u/mellolizard · 6 pointsr/economy

You should the read the book, How to Lie with Statistics. It is a common practice to mess with graphics to make a point.

u/anon35202 · 6 pointsr/teslamotors

My point is that if you use one standard to measure one thing, and a different standard to measure another thing. Juxtaposing them and saying: "this this is more than that thing", then you're going to make what appears to be a convincing argument, but ultimately it means nothing.

One of the years in the next 3, US Oil is going to have a 150 Billion dollar Gain because some of that 67 billion dollar loss was infrastructure maintenance and will produce huge returns later. You teslamotors fanboys aren't going to upvote that post when it rolls around, showing how US oil is still 3 or 4 orders of magnitude more capable of producing returns on investment than Tesla EVER will.

There are lean years, and there are growth years for big oil. I can make the same argument, having a kid with a Popsicle stand laugh at a bunch of contractors building a skyscraper and shouting: "My popsicle stand made more money this year than you". It's meaningless. It ignores the most important thing which is 5 year moving average of return on investment and investing for future gains. This whole article made me stupider by reading it.

The book you need to read is:

u/CerebralPsychosis · 6 pointsr/JordanPeterson

I would like to summarize JBP's position. Capitalism is not the best system but it works. It sucks on certain cases but it works. Also socialists ( most of them but a few are genuine caring individuals driven by compassion and horror at the poverty of the people. Most hate the rich , also George Orwell commentated on that in his book road to Wigan pier.) They seek to correct a system without correcting themselves first which proves they cannot correct the system. Also poverty is declining due to capitalism and it allows for creativity and a system which is in tune with natural law of inequality and the 80/20 rule.

as long as there is income and output there will be hierarchy and inequality. Humanity is corrupt and it will have corruption in every human endeavour.

also any system which tries to work against the natural law fails and falls short for numerous reasons.

Socialism cannot work in a psychological way due to human nature.

by the way , not my position , just a summary ( plenty of paraphrasing )

here are references

here are some of Jordan’s looks on economics.

u/abandepart · 6 pointsr/COMPLETEANARCHY

$78b a year? Really?

Thanks for the meme, guys.

Basic Economics

u/aryllies · 6 pointsr/japanlife

I highly recommend reading "The Bogleheads" as a great introduction to investing.

The Bogleheads are basically a group of people following the investment principles of late Jack Bogle, founder of one of the most successful investment companies, Vanguard.

Have fun.

There's also a remarkable forum/ community over there:

u/judgemebymyusername · 6 pointsr/Bogleheads

You need to study up. Investing $20 in a book or two won't kill you when you have $1M in investments.

I recommend this

Then call Vanguard and ask them for assistance. With that kind of money you get free help from a financial planner.

u/dag_1996 · 6 pointsr/stocks

> "I've been doing my research and realise there is no way to make it rich quick ..."

It appears that you've already learned two of the most important things about investing: [1] Like anything else in life, what you will get out of it is a direct result of what you put into it (doing your research is extremely important to investing in individual stocks). [2] Investment returns are a direct result of the amount of risk taken, so you generally won't "get rick quick" unless you risk losing everything quick and there's still never any guarantee. That approach is not recommended, especially for beginners, but it's important to know that very many prefer that approach so you must take all advice and "hot tips" with a pound of salt.

As someone else suggested, it might be best to start with an ETF while you continue to learn how to evaluate individual companies, sectors, etc. ... perhaps an ETF that focuses on a strategy like DGI (dividend growth investing). Last, but certainly not least, read [The Intelligent Investor] ( by Benjamin Graham.

u/indexinvestoreu · 6 pointsr/eupersonalfinance

I would recommend against buying individual stocks for any non-sophisticated investors. There is wide research that shows that most active investors can't consistently get good returns on individual stocks. The bogleheads wiki elaborates on this topic (

If you do wish to invest in individual stocks I think you may need to devote time to do thorough research on your investments. I seriously don't think some stocks recommendations on reddit are going to be very useful. The learnings of the Intelligent Investor ( are a good start.


u/classiste · 6 pointsr/gadgets

If their stock dropped 61% because apple pulled out - they don't have a bright future. You sound like the kind of person interested in investing in coal.

Edit: Educate yourself:

The past is not an indication of the future in investing. You are speculating, one of the worst things you could do as an investor - here, educate yourself some more:

u/xxtoejamfootballxx · 6 pointsr/funny

Humans actually very often act irrationally, but in a predictable manner. I suggest you read this book:

Edit: Ted Talk on the topic by the author of the book

u/espressoself · 6 pointsr/badeconomics

I mean, it is this sub's favorite meme

Quoted from his EconTalk segment: (link here)

>There's a very interesting thesis that Jared Diamond's Guns, Germs, and Steel sort of formulated, which is that really the geographic factors determined where early civilizations blossomed, and that, almost in a deterministic way, shaped which societies are more developed today. And we go in detail about why we sort of disagree with the thesis and why it's not really capable of explaining the patterns of what we see around us today; but they are interesting sort of variants of this. But the one that I think is more kind of popular among journalists and academics is a sort of cultural hypothesis. Max Weber was the person who developed the most famous example of this, or the Protestant ethic and constructive process; and Catholics. That's not as popular perhaps today. But if you sort of ask people why China is doing so well: Well, it is about Chinese culture. Why the Mexicans aren't doing so well or why sub-Saharan Africa is poor: It's all about national cultures or some cultural traits shared by a variety of individuals; or it would be Muslim versus non-Muslim. And again, we try to explain why such explanations are very limited. China has had the same Chinese culture but it did extremely badly under Mao... they did extremely badly 40 years ago when they had terrible incentives under Mao, and suddenly started doing well when the incentives changed. And all the while the same people in Hong Kong were doing very well. That should tell you something.

u/lawrencekhoo · 6 pointsr/AskEconomics

In general, Peterson is not reliable. He tends to cherry pick, selectively omit, or outright distort, the 'facts' he cites. For the case of the Pareto Principle, which is often stated as "20% of the population will own 80% of the wealth", this is only true for certain parameters of the Pareto distribution. In reality, human societies are diverse; some societies have a high concentration of wealth and income, while other societies have much lower concentrations. As you correctly surmised, much has to do with the institutions that exist in the society. As Acemoglu and Robinson argue, when the elite control the government, they set up institutions that enriches the elite while dispossessing the majority of the people. A strong government that strives to restrain the exploitative tendencies of the elites will enable the majority of the people to reap the economic benefits of their work and will lead to faster economic growth and a more equal society.

u/raoulbrancaccio · 6 pointsr/Gamingcirclejerk

>This has nothing to do with socialism or capitalism. Capitalist states often have the same social programs, but they have well made economic policy that can generate the wealth to sustain it without forcing everyone into poverty (see Denmark, Canada, Australia, etc)

No, it has to do with socialism and capitalism, it is not capitalism that generates that wealth, resources and labour generate wealth. If it was capitalism, then why are Somalia and Liberia so poor, their capitalist wealth generating magic should protect them, shouldn't it? They are being exploited out of their resources, so they cannot generate wealth, also, Cuba is just as poor as these countries, but it fares much better, I wonder why.

It is convenient to only talk about Europe, North America and Australia when you have to defend capitalism.

And Australia doesn't even have that big of a welfare state tbh.

>Venezuela was only doing "fine" because they were filthy rich from oil.

Yes, so?

>Compare them to singapore which didn't have said luxury of ridiculous wealth under their land.

Singapore? Have you ever heard reports of people actually working there? It's rich because their workers are controlled and alienated by the state, again, you are reinforcing my point (which is Keynes point, which is everyone with a brain's point), it is not capitalism that creates wealth, but it is labour and capital.

>Imperialism is entirely separate from capitalism (mercantilist nations relied on it the most)

I am not only referring to classical imperialism, but especially to economic imperialism, which includes the exploitation of resources and of cheap labour from other countries.

>are you really fucking implying USSR / PRC didn't kill innocents what the fuck.

When did I imply it? Just saying that capitalism kills mostly innocents, also, numbers are definitely inflated, the 60 million figure for Stalin is a meme by itself, and it is literally backed up by nothing.

>Read a book

>Exploitation tends to harm the imperialist nations, and nations become wealthiest by providing the means to success to all their citizens. It just so happens that private property and free enterprise does this the best.

I love it when people tell me to read a book, when they do it's probably the only book they've ever read, and they usually feel so triumphant when they have actual literature backing up their claims, no matter the context, also, it is always by some American economist.

Anyways, I do love me some Acemoglu (studied him pretty intensely in university, and I am rather fascinated by his theory of institutions being a fundamental driver in a nation's development, with the whole inclusive v. extractive discourse), but data is against the fact that exploitation harms imperialists, it might harm the nations that imperialist companies are located into (I would need data for this though), but it does not harm said imperialist companies, and how much cheap labour and resources are exploited in both Asia and Africa should tell you figures about it. You are confusing trading with exploiting, it's the former that gives theoretical gains to the poorest nation in some macroeconomic models.

Also, if you'd like, Read a Paper, even for a capitalist right wing economist such as Allen the centralised functions of the USSR are finely designed to bring about economic growth (and the USSR was the fastest growing nation for 50 years), so your "most efficient" meme which originates with the neoclassical school is just empirically wrong, and what I already said about Cuba (thanks to the embargo it's just as poor as some African countries, but it fares much better) further cements it, and I'm saying this without even supporting the Stalin-driven USSR (guilty of following aggregate results more than worker benefit, like capitalists do).

And, alas

>Marxism is a meme. That's why it will never be taken seriously by people outside of New School or UMass (besides internet memers and autocrats), sorry son.

I don't want to be racist, but this is the final showing that you are an American kid stuck in your own all-American Neoliberal bubble; Marxism is taken seriously (very seriously) everywhere except for the country that has a strong propaganda against communism, a right wing skewed government where the """"left"""" is composed of liberals and a government and education system which are quite literally controlled by big corporations, I wonder why.

And fun fact, in the rest of the world your economics literature (not all of it of course, some of it is good, mostly from the salt lake schools) is what is being made fun of.

And since we're talking about the US, lolefficiency, more than 5 times more vacant homes than homeless people, truly a fair and efficient allocation of resources, wouldn't you think?

u/-IntoTheVoid- · 6 pointsr/AskEngineers

Great decision.

Leverage off the shelf products as much as possible. Rough it out, then refine it through iteration. Don't be afraid to hack other commercial products if it saves on development time, and is able to demonstrate functionality.

Shapeways is really good for things like enclosures and prototype parts. It's expensive if you need to print large items, but they print in a variety of materials, and it will result in a professional looking prototype. If ergonomics or mechanical parts are important to the design, buying your own 3D printer might be a worthwhile investment.

While you're working on the prototype, start considering what business strategy you're going to use. I found books like The lean startup helped, and it might change the way you approach the prototyping phase.

u/john1443 · 6 pointsr/Finanzen

Ich hab's nicht gelesen - vielleicht The Bogleheads' gGuide to Investing? Oder eines der anderen Bücher auf dieser Liste?

u/mimefrog · 6 pointsr/investing

A lot of people feel strongly that provides a sound strategy. They have a book as well.

u/ThreadbareHalo · 6 pointsr/politics

Is there any proof though that this has any effect? The only thing in this piece is speculation that it MIGHT do something. But the only thing its been used so far is to enforce to mcconnells supporters the word witchhunt. Not that that's not a reason to do it since they'd do it anyway, but its weird how much, without literally any evidence, we're believing this narrative. Its a dangerous illustration of gullibility when we want to believe and we should learn about this aspect of ourselves so it's not used in a more malicious bit of manipulation. Its actually a great example of the kind of story snowballing that becomes true by repetition described in Trust Me I'm Lying [1]

[1] Trust Me, I'm Lying: Confessions of a Media Manipulator

u/artsynudes · 6 pointsr/marketing

For social media you should check out different company blogs. Those are really helpful. I like the Buffer and Hootsuite blogs a lot.

But books are way better than online websites

For marketing you should read Traction by Gabriel Weinberg

Ryan Holiday's Growth Hacker Marketing and Trust Me, I'm Lying are insanely informative and fun to read.

u/treelovinhippie · 6 pointsr/Entrepreneur

If you want to build something that scales, something that can change the world, then the best bet is to build something online. It's difficult, but you're only 15 so you've got a lot of flearnings (failed learnings) ahead of you.

Learn to program here, here or here.

Learn about the lean startup:

Read this and this.

Fail fast, fail often.

u/Darsint · 6 pointsr/AdviceAnimals

To quote Thinking, Fast and Slow:

"success = talent + luck. great success = a little more talent + a lot of luck"

I have no doubts that you worked hard for your degree and that you have quite a bit of talent. But don't knock the fact that quite a bit of luck was involved in you getting the job you wanted straight out of college and that it was high paying enough to let you pay off your loans right away. My girlfriend has been a teacher for several years and she's been working with the school system since she got out of college. She finished her Master's degree in 2010. She still has at least a decade of payments left before she pays it off.

While you are right that the degree you choose can influence whether you can successfully pay them off in a reasonable time frame, it is by no means the only factor. Painting all of them as stupid crybabies is a disservice to them.

u/mhornberger · 6 pointsr/DebateReligion

>If you're programmed to accept an idea, you don't have any objective way of telling whether it's true

I don't think it's that black and white. Consider System 1 vs System 2 thinking, in the book Thinking, Fast and Slow by Daniel Kahneman. Our intuition can predispose us to certain types of thinking, and we can still be capable to rationally examining these beliefs. Education on our susceptibility to cognitive biases, and education on statistical thinking, can improve our ability to compensate for the weaknesses in our intuition and force our minds to shift to more rigorous decision making.

On a broader level, evolution predisposes us to racism and tribalism. But our capacity for abstract thought and language enables us to improve, to present and entertain arguments and shift beyond a merely instinct-driven existence. Which is why humans are capable of moral improvement, yet chimps and dolphins remain the same. We have culture and philosophy and the capacity for moral progress.

>once you accept that one or more ideas were implanted in you, it's not clear to me how you would tell which subsequent ideas you arrived at based on evidence and which ideas you are programmed to accept

Critical thinking, examine your beliefs and the arguments by which you can support your beliefs. That's the entire purpose of Socratic dialectic, making people explicate arguments so they are forced to more closely examine what they believe and why. We aren't "programmed" in a fatalistic, deterministic sense, rather we have propensities and biases. We still have the capacity for improvement, the capacity to change our minds. As you must recognize at some level, otherwise you wouldn't be trying to persuade anyone of anything.

u/AmalgamDragon · 6 pointsr/programming

> short of a very detailed rehearsal of many different problems


u/mudkipzftw · 6 pointsr/uwaterloo

I've had about 5 interviews with companies in the Bay Area, and in my experience all of them follow the same general sequence:

  1. Resume screening. If they like you they'll ask for a phone or skype call
  2. Three technical phone screens. Usually last an hour each, and usually 100% technical (very rarely they ask about your resume). Each interview is done by a different software engineer. After the third screening they talk to each other and discuss or vote on whether you're any good. This is the hardest part and most people don't make it past this stage.
  3. Discussion with a high ranking engineer (e.g CTO). This is more of a get-to-know-you type thing and they usually go more into your resume here.
  4. (Sometimes) Discussion with a non-engineer manager
  5. If you make it here, buy a bigger wallet

    For the specific type of questions they ask, I recommend this book and /r/cscareerquestions

    edit: and the technical screenings are always live coding sessions using a shared document. That shit is nerve racking and I recommending practising before the interview.
u/brobi-wan-kendoebi · 6 pointsr/cscareerquestions

Never ever ever ever ever ever ever EVER ever ever EVER tell a company "I'm not suited for the job". Have some balls! Sure, you messed up, but hold your head high. Everyone messes up in their life at interviews; I know I have many times. Confidence can go a long way in promoting your personal image.

FizzBuzz is probably the most simple, commonly used interview question out there to see if a programmer can actually program. It doesn't get much simpler than that. I hate to break it to you, but Modulus is one of the most basic foundation concepts you need to know, and it's definitely taught in any entry level OOP book or Uni program. I dare you to show me a "Learn programming in Java/C++/Any other OO Language" book that doesn't cover it in the first few chapters.

You are over-thinking the solution here: it's meant to show how well a candidate can easily write clean, short code. There's no reason for you to abstract the functionality of finding whether a number is evenly divisible into a method - that's over complication in design, and it's a red flag for employers. I think you may have believed that isolating specific mathematic processes into methods seemed like a good idea to show off that you know object oriented principles. You're on the right track. However, if the process you're writing can be completed in a single line of code, let alone under 10 characters, you're just adding more dependencies and complication to a simple block of code. I would suggest this as a more clean solution to fizzbuzz (in Java):

for (int x=0; x<=100; x++) {
if(x%3==0 && x%5==0)
else if(x%3==0)
else if(x%5==0)

I personally struggled with a decent amount of interviews until I started to actually prepare for the interview. I recommend finding time to work through these two books; they'll help prepare you for what kind of questions to expect.

And most important of all: NEVER get down on yourself! Every tough problem or terrible interview you have is just a learning experience. Never tell yourself you aren't good enough, or just outright give up. You aren't allowed. Stick with it, and prepare months in advance, like homework. You don't have to be that person dedicating every waking moment of their life to programming, but if you're serious about keeping your interview skills sharp, you need to dedicate some time to learning the questions. Good luck!

EDIT: Grammar, etc.

u/theootz · 6 pointsr/cscareerquestions

TL;DR Improve yourself, invest in your future, don't worry about the the books listed at bottom, and practice!

Few months ago I royally fucked up an interview at Microsoft. A really simple question. But I had no experience doing coding on paper instead of a computer.

I spent a lot of time studying various books and paper coding to make sure it wouldn't happen again.

I then had an interview for another (in my mind at the time) dream job. I did fine for all the phone interviews and they flew me over to the west coast for an in person interview for the day. I did well for the first bit until they started pulling out dynamic programming and integer programming questions on me and expecting me. Once again something I didn't prepare for, and f'd up. Didn't get this job either. For the longest time I was really hard on myself at fucking up on both these interviews one after another. Especially this second one since a lot more was riding on it than just the job (another story).

But then I decided I didn't want to have this sort of experience again and expected better of myself. I made myself further improve and brush up on all those concepts as well. Did a few mock interviews with friends, spent some time working on interview type questions on both the computer and on paper. A month or two later I started interviewing again. By this point I was an interviewing machine - and I'm now able to do just about anything thrown at me. I've had my choice of employers and until just recently, was in the situation where I had so many offers I didn't know which one I wanted most. I'll be heading to silicon valley soon at one of the top tech companies in the world with a fantastic offer considering I just graduated.

The point is - learn from the mistakes and improve yourself. I realize you don't want to be that guy spending heaps of time coding outside of work or whatever... but this is an investment in yourself and your career. Do it once, and then just brush up on your skills from time to time. Get into the interviewing mindset and just rock them so you can have your choice of job - and then you can go about your thing once you have the job locked. The up front investment will be worth it!

Things that helped me:

  • - practiced a lot of questions on here
  • - another great site for questions
  • Cracking the Coding Interview More help on questions, but also some great insights into the interview process for the larger tech companies and many hints and tips on how to go about solving the more complex problems
  • Code Complete A great book for helping you to refresh or learn about software design
  • Eternally Confuzzled Great resource to learn how to think about common data structures and algorithms

    Having trouble with Algorithm design/analysis? These are some of the go-to books for that:

  • The Algorithm Design Manual Probably the defacto for learning about algorithm design and analysis
  • Introduction to Algorithms A great book with many different algorithms and data structures to learn about
  • Algorithm Design A great book if you want to dive deeper into more complex subjects like graph theory, dynamic programming, search algorithms, etc.. etc..
u/Master_Dogs · 6 pointsr/financialindependence

> Why is he MMM’s so called “arch rival” and how do they differ in philosophy?

He's called MMM's "arch rival" because of this early (2011) blog post / book review by MMM himself about Ramit Sethi's (the guy being interviewed) book titled I Will Teach You To Be Rich. You can read the blog post on your own, but the short of it is that Ramit suggests a less frugal lifestyle than MMM. Ramit famously says you shouldn't worry about buying a latte because in the grand scheme of things a single $4 coffee isn't going to adjust your FI/Retirement goals that much. MMM takes the complete opposite approach, and suggests eliminating that latte if you can, and particularly if it doesn't bring any value to your life. MMM would say "why are you being a consumer sucka and paying a coffee shop a ridiculous amount of money for a coffee you can brew so much better at home!!!" while Ramit takes the "eh, don't sweat it bro" approach.

IMO, I think both MMM and Ramit have valid points. I think in moderation both are helpful - eliminate the crap you can, but don't sweat the tiny things or the things that bring you joy. Like don't get yourself all sad because you broke down one day and bought a cup of coffee - just try to avoid doing that daily if you can, and if you actually really like buying that cup of coffee then good for you, enjoy it!

I think this podcast is worth a listen, but it's helpful to have seen that early MMM blog post prior. His criticizisms of this sub and others like it is spot on too (as pointed out by another commenter).

u/j3r3m1ah · 6 pointsr/IWantToLearn

I highly recommend Ramit Sethi's book I Will Teach You To Be Rich.

u/LeonardNemoysHead · 6 pointsr/TrueTrueReddit

Find your meditative spaces. I do the dishes, I drive, I ride a bike, I take showers, I wander around in nature, I sit and watch the world pass me by. Sometimes I think about what I'm doing, or about some unimportant or asinine thing, or nothing at all. Sometimes I'm productive and sometimes I'm not. Sometimes I'm self-actualizing and sometimes I'm not. That's okay. Pressuring yourself to produce is an excellent way to be unproductive.

These spaces are the only times when I formulate truly inventive ideas. They're places where I can let my mind wander and review what it knows and to bridge and connect and construct, and they're places where I feel no stress. I don't want my life to be chaotic and completely uncertain, but I also don't want the structure of my days to consist of anything more than meditative spaces and free time.

More people need to learn to walk slowly.

u/albh · 6 pointsr/vancouver

Before you even go to a financial advisor or one that any Redditor might post to recommend as friends, go borrow these books from the library for a read so the investment world makes sense to you when you do talk about money with a planner and want to make sure you're getting good advice:

If you're really lazy, at least read the first one.
If you're really, really lazy. Follow this blog for a bit

After that, only then should you take referrals and recommendations. Go to a few, and armed with some knowledge, you'll be much prepared to sift through advisors that are trying to bullshit you for front-loaded commissions, etc.

u/azirafale · 6 pointsr/UniversityofReddit

I just stumbled onto this subreddit for the first time now, so apologies if I'm not replying to the request as desired.

Investing isn't really something that you can learn, in the sense that it's not like riding a bike where you practice and then after a little bit you know how to ride a bike and that's it. Think of learning to invest more as a constant journey, where you're always growing and gaining understanding but you can't really ever know enough. Most successful investors, including Warren Buffett and Charles Munger, are voracious readers simply because there is so much out there to absorb.

Here's the start of a reading list to take a look at, listed in order of how I would tackle them in your place (though obviously skip some or jump ahead if one description catches your eye specifically):

  • Millionaire Next Door--not an investing book, but you mentioned saving for the future and so I think this is a good place to start. This book, which covers the results of a study of many first generation millionaires, will teach you how you should be thinking about money, saving, and consumption. Dry, but not a difficult read.


  • Random Walk Down Wall Street

  • Four Pillars of Investing

  • Unconventional Success--These three I would consider as one big package, because they all address kind of the same philosophy and investing strategy (though in slightly different ways). There's no preferred order for this group, so I've listed them in what I think is from most accessible to least accessible (they all get into some technical details that may be difficult for someone not familiar with the topics, but they are all written for the layman so while it may take some work, you should be able to get through all three).

  • Bogle on Mutual Funds--This is the only book I'm recommending here that I haven't actually read. I'm including it only because I realize that you asked for a crash course so to speak, and none of the three books above are 100% easily accessible (though they do cover everything). I've read other books by John Bogle and I know enough about him and his investment philosophy to be able to recommend this confidently enough and to have a good idea what he talks about here. I suggest trying as much of the above three as possible, but if you do find them too difficult try this one out first as it'll undoubtedly be an easier read all the while covering most of the basic points outlined in the above.

    Value Investing:

  • The Little Book That Beats the Market--Very short, very accessible (all technical details are hidden away in the appendix. I don't recommend following his strategy outlined in the book verbatim, but as an intro to value investing concepts it's not a bad start.

  • The Intelligent Investor--This is basically a summation of Warren Buffett's investing philosophy. It is quite old, and definitely difficult at times, but well worth reading.

    Those are what I would start with. I recommend reading the books on indexing first not because I think the efficient market hypothesis (one of the topics covered in all three books) is 100% correct (it isn't), but because you need to have a filter in place that makes you skeptical and able to dismiss all the garbage investing advice that's out there (technical strategies promising 10%+ yearly returns guaranteed, etc). The value investing books I include because it is the only chance you have of beating the market over the long run, though I would only recommend the active management route if you have the time and energy to dedicate to it.

    Most of what's in these books does boil down to a few basic tenets that could probably be summarized in a few pages, but I would discourage you from looking for quick investing summary information because it won't be of any use to you. It's not enough to understand/know the concepts. You have to believe in them, and live them every day. If you aren't absolutely convinced of the investing strategy you're using you'll wind up capitulating at the worst possible time and losing a lot of money, or at the very least being one of the many people who 'chase winners' only to suffer from consistently mediocre performance. That's why you need to be reading regularly--to keep your conviction and refresh yourself on the fundamentals.

    Best of luck.
u/Narrative_Causality · 6 pointsr/wtfstockphotos

This worked really well for the Freakonomics cover. It...doesn't work so well with a banana.

u/alohafromalesha · 6 pointsr/suggestmeabook

Freakonomics: by Steven Levitt & Stephen Dubner

Just very fascinating, makes you think.

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

u/FacepalmNation · 6 pointsr/answers

Freakonomics says the dominant factor for the drop in crime was abortion legalization.

u/eazy_jeezy · 6 pointsr/latterdaysaints

In Dan Ariely's Predictably Irrational there's a chapter that explains how fragile our boundaries can be.

A survey subject was asked, while in a cold state, a variety of questions about sexual preferences and how flexible they were with morality, including whether they'd use alcohol or drugs as a means to get sex, whether they would have sex with a woman unusually older or even not quite legal. The answers were recorded and the test subject was paid. Several days later, the same subject was invited back for another test, this time under different conditions. The test subject was left by himself in a room with pornography playing, and he was instructed to pleasure himself, but not to orgasm. Every minute or so, a question would pop up on the screen and he would have to answer by clicking with a mouse. Here's the kicker:

When sexual feelings were turned on, the decisions and preferences varied by over 70 percent. Yes, the subject who swore he'd never use alcohol to get into the pants of a 16 year old now found the idea tempting. The guy who would never be attracted to an old woman was now suddenly willing to give it a try. The person who swore to be abstinent was now having trouble with that commitment.

Mormons (and other faiths) do right by not pushing boundaries. If your boyfriend wants to go farther, explain to him that if you do, it may compromise your ability to use proper restraint in the heat of the moment. It's important that you both really understand this. There may be nothing wrong with what you want to do, except that it makes it easier to get his hand up your shirt or down your pants, and there's a tipping point there that once reached is dang near impossible to turn back from.

u/abhorrent_hooker · 6 pointsr/brasil

Talvez você precise de mais experiencia pra conseguir algo assim, mas ganhar em euros ou dólares é melhor que ganhar em reais.

  1. Treine seu inglês
  2. Pratique os exercícios desse livro
  3. Tente o processo da Toptal. Se não passar de primeira, pode tentar de novo mais pra frente

    Eu trabalho remoto direto pra uma empresa de fora, mas tenho vários amigos que trabalham pela toptal. Pelo que sei, ganham no começo 35 trumps por hora (os projetos podem ter horas variáveis), mas é um pé na porta pra conseguir algo melhor depois.

    Sobre areas, o que vejo mais oportunidade é front-end, principalmente com react, mas isso varia muito pra cada região.
u/TheMiamiWhale · 6 pointsr/battlestations

If you are a CS major I'd go with the $15 package just so you can get the two books on security. In terms of helping your job prospects, I'd think about the following:

  • Code as much as possible (be very comfortable with at least one language)
  • Practice algorithms
  • Have a project or two that isn't trivial

    Assuming you already know how to program in a handful of languages, you might find the following useful:

  • Fluent Python

  • Coding the Interview

    Of course depending on what your interested in (e.g., mobile, web, systems, etc.) there are additional great resources but these will at least get you moving in the right direction. The biggest thing is just practice writing code as much as possible.
u/lordpepe3710 · 6 pointsr/indonesia

Mengetahui lebih dari satu bahasa pemrograman adalah persyaratan wajib jika ingin menjadi programmer professional. Pelajari low-level language seperti C dan C++ karena akan sangat membantu memahami high-level language yang lebih banyak dipakai di dunia kerja. Satu saran berguna: pelajari terlebih dahulu teknologi dasar yang membangun sebuah framework sebelum mempelajari frameworknya. Misalnya jangan langsung belajar Angular, pelajari dasar-dasar JavaScript terlebih dahulu. Jangan langsung belajar Laravel, pelajari dasar-dasar PHP terlebih dahulu.

Kurikulum pemrograman dibuat sejatinya untuk mencetak lulusan yang mampu menghasilkan good software. But contrary to what you'll face in real world. Di dunia kerja kamu akan menyadari bahwa bisnis lebih menginginkan "produk" ketimbang mengaplikasikan best software practices. Artinya kamu harus punya gambaran perusahaan seperti apa yang kamu impikan sebagai tempat bekerja nantinya.

Inti dari dunia pengembangan perangkat lunak adalah algoritma dan data. Di dunia kerja kamu akan dihadapkan dengan banyak sekali data dan bagaimana mengelola data tersebut. Perkuat pengetahuan fundamental, yaitu algoritma dan struktur data.

Pemrograman itu sulit. Sulit. Jangan berharap untuk menjadi expert dalam hitungan minggu atau bulan. Tapi tahunan.

Kalau sudah lulus kamu bisa baca buku ini untuk menghadapi interview.

Edit. Tambahan. Ingat bahwa programming languages, library, framework etc, is just a tool. Merely a tool. Modal kamu yang paling berharga adalah kemampuan merancang arsitektur sebuah sistem.

u/the_omega99 · 6 pointsr/learnprogramming

Cracking the Code Interview is the most well known book for interview programming questions. However, it's focused on harder interview questions than "reverse a char[]", which is little more than a basic "can you program" check (the interview questions that CTCI covers are skill checks).

For solving something like "reverse a char[]", you should be able to do this after a first year programming class. It requires basic array and loop knowledge; nothing more. For a resource to cover that, you could use a MOOC like this one. It'll cover the basics enough to answer that question and similar ones, but you'd still need a lot more if you'd want to reach the point of being employable (merely being able to reverse a char[] is not enough to get a job -- it's just a way for the interviewer to quickly figure out if they're wasting their time).

u/firestorm713 · 6 pointsr/gameDevClassifieds

TL/DR: Know what you want to be paid, be specific, show off your work, your resume isn't graded, and interview the company as much as they interview you.

Got my first industry programming job by posting on here about a year ago. I'd just graduated uni and was looking for a serious gig.

It took three or four posts over two months before I finally was starting to get decent offers. The ads that failed were generic, didn't market my skills well, and weren't specific enough as to what I actually needed, thus I got lots of Rev-Share-only offers, lots of $400 a week offers, and lots of "exposure" offers. There were a few offers for positions I was in no way qualified for, either.

For reference, this and this were my unsuccessful ads, this was my successful one.

I'm actually just now starting to look for a new job (my contract is up), and revamp my portfolio site, and my general advice is:

  1. Know your worth up front. Figure out what your time is worth to you, and then ask for a little more than that (because you'll probably settle for less than your up-front offer). Make it clear what you won't accept, too. On my ad one of the things my boss said had caught his eye was that I was extremely explicit that I was looking for a job, not a quick gig. I have loans to pay off, a family to support, and rent to pay. Rev-share-only was not okay, nor were tiny $400 a month contracts. He could tell I was more than just a student looking for a meal ticket, but that I was ready to start my career.
  2. Market a particular specialty, not general expertise. A character artist or engine programmer will get way more targeted offers than someone who markets themselves as a generalist.
  3. Words mean nothing. Visuals are everything (or sounds if you're an audio/music/sound person). Have demos on your website (get a website for free on if nothing else) that people can see, touch, play with. This is whether you're a programmer, artist, designer, or sound person. If you can point to a project, talk about what you worked on, and point to specific things you did in an interview, all the better. If you're a programmer, make public projects on GitHub.
  4. Don't sweat your resume. More specifically, don't feel like you're a slave to one format or another. It's not a paper that's going to be graded by a teacher. It might spend 5 minutes in front of a recruiter or potential employer, so you want to get the most important information up front. If you're not super experienced, functional resumes are a great asset, because you can list unpaid projects (like ones you did at school, or just for fun), and forego unhelpful work experience like that retail job you had for five years that has no bearing on your programming/artistic/musical/design ability.
  5. Interview the Interviewer. They need to be happy with you, yes, but you need to be happy with them. Ask lots of questions. Show interest. Listen. Find out their scope, and whether it's the right amount of work for you. Make sure that your expectations and theirs are crystal clear.
  6. Finally, one third of Kickstarter projects succeed. Let that sink in. While your chances of successfully Kickstarting a game are nonzero, and there are tons of things you can do to affect the outcome of your Kickstarter to give yourself a better chance of succeeding, it should be clear that you should not accept "payment after Kickstarter" as a possibility, unless you're confident that you can get paid (or okay with not being paid).

    Bonus: If you're a programmer, get "Cracking the Coding Interview". It is amazing and will help you figure out what potential employers are looking for.

    edit: ._. oh. This is a bit old. Oh well. Hopefully someone'll see it and get something from it.
u/Heinskitz_Velvet · 6 pointsr/Documentaries

Well the easy answer is when they ran articles suggesting that Saddam had or was very close to getting WMDs, or that AQ had connections to Iraq which helped Bush drive the US into the Iraq War. If you've read Manufacturing Consent by Noam Chomsky and Edward Herman, they focus on the NYT and show a clear bias towards their corporate sponsors, as well as with the military industrial complex. The things you see and more importantly the things you don't see, are bought and paid for in all major news publications.

There's actually a wiki article about NYT controversies.

u/mrmaster2 · 6 pointsr/worldnews

The "news" media has operated as a propaganda apparatus and has not simply "reported the news" for literally decades.

You only feel to the contrary, and that this is a new thing, precisely because they are so good at their brainwashing. This famous book can explain more:

u/jcargile242 · 6 pointsr/politics

Looks like someone read How to Lie with Statistics:

u/cudenlynx · 6 pointsr/ColoradoPolitics

In the first article you linked:

> “We have universal health coverage - you don’t pay to see your doctor or go to the hospital. We have a high degree of social security. You are entitled to benefits if you lose your job, if you get sick, if you are disabled. We have one year of maternity leave, we have one subsidised early childhood education and care and we ensure care for our elderly if they cannot manage on their own,” he said.
> “We also have a strong and fee educational system. Students in institutions for higher education and university do not pay for their education, on the contrary they receive educational grants for studying,” he added.

Those are the exact things Bernie wants, and the majority of Americans want. If that's socialism, then call me a socialist. Bernie wants the programs that have been working there to be used here as well. Did he said he wants to copy everything no. That's not what a model is.

The term Bernie Bro is sexist considering most of his supporters were women. To title your article with the term is just bad journalism and doesn't set the right tone for making any type of point.

Your second article is from by Jeffrey Dorfman who has been found to stretch the truth.

The article Jeffrey wrote is a textbook example of how to lie with statistics. His hole premise comes from this [Neoliberal think tank](The Fraser Institute, a Vancouver-based, pro-free market). AKA let's come up with a conservative study that fits our narrative.

The second article is by William O'Keefe a known Big Oil lobbyist so it's no surprise he's writing hit pieces on Bernie and Socialism. He want's that Venezuelan oil that the new president is giving to all his supporters.

How can you support this argument

> “The message from groups like Occupy Wall Street has been that inequality is up and that capitalism is failing us. A more correct and nuanced message is this: Although significant economic problems remain, we have been living in equalizing times for the world — a change that has been largely for the good. That may not make for convincing sloganeering, but it’s the truth.”

When the income inequality of not only the top 1% but the top .01% and above is at a sickening and inhumane rate.

Did you seriously link to a John Stossel video? He is known for only giving one side of an argument. Listen, I don't want to be a socialist country either. But I do want certain socialist programs enacted, Medicare 4 All and Free college tuition through a marginal tax rate on the top earners in this country. Putting these two items in place does not turn us into Venezuela overnight, nor will it mean we'll be socialist in less than 100 years. To push the false narrative that that is the direction the left wants to go in is false and is again, really bad journalism. You should be ashamed for using that video to support your argument.

Edit: words

u/nomoregouge · 6 pointsr/ontario

no one, there is a good book on how to figure out what is actually true (how to lie with statistics), it is great and really lets you know something.

u/derleek · 5 pointsr/The_Donald

Yup, these are the same people who will gladly condemn Saudi Arabia and praise Iran when it suits their causes. Noam Chomsky's - Manufacturing Consent has a lot to say on this subjeect.

u/stackedmidgets · 5 pointsr/Anarcho_Capitalism
  • Almost everything by Chomsky (it starts to blur together after a while). Those damned nun-killers from the School of the Americas! Killin' nuns like they do! Manufacturing Consent is a great read for any teenager, although limited in its explanatory power. There's a big blind spot in Chomsky in terms of explaining the universities, the foundations, and how they coordinate with the press.
  • Studies in Mutualist Political Economy -- this one's more fun when you don't know the history already
  • Homebrew Industrial Revolution -- this one's fun but somewhat sloppy on technology
  • Illuminatus! -- probably shouldn't suggest this because there's a good chance that your brain will fall out your head after you read it. This book and other Wilson books ought to be controlled substances.
u/moto123456789 · 5 pointsr/urbanplanning
u/HillarysPizzaParty · 5 pointsr/conspiracy
u/GooseGooseDucky · 5 pointsr/conspiracy

Yes, Chomsky offers some great insights that amaze one. In our routine lives we never stop to think of things from different perspectives to really figure things out.

That quote came out of his book "The Common Good" but my favorite is his text "Manufacturing Consent: The Political Economy of the Mass Media".

u/Go_Todash · 5 pointsr/worldnews

Noam Chomsky has been talking about this since before most of us were even born.

u/phaNIMAnon · 5 pointsr/The_Mueller

From the top gilded comment on the original thread:


"In a nutshell, the classic steering mechanism for public opinion used to be Manufacturing Consent(Chomsky) or Engineering Consent (Bernays) which generates propaganda to achieve more of a public consensus whereas Adam Curtis' HyperNormalisation looks at the shift from that to neutralizing the pubilc into inaction by polarizing them with conflicting information or misinformation (patently false information) so that NO consensus can be reached. Both achieve the same goal of allowing the power elite to carry out the policies they wish while reducing the influence of an ostensibly democratic public which, in conjunction with more and more police state-like authoritarian measures making them more compliant, can no longer tell what is truth and what is misinformation. The public descends into arguing amongst themselves as opposed to those in power.

Edit. I would highjly recommend watching Adam Curtis' famous documentary The Century of the Self which looks at Edward Bernays (Sigmund Freud's nephew) and the origins of the consumer society, public relations and propaganda."


The referenced material above:

u/Bael_Take_The_Wheel · 5 pointsr/fatlogic

Relevant book.

Was written in 1954 and still shockingly relevant.

u/Xenolan · 5 pointsr/atheism

I would definitely say that the Bible is the most Influential book ever written, though humanity would have been a lot better off it it weren't.

Insofar as the most valuable, my vote would go to Principia Mathematica. Although its readership was limited, it was the magnum opus of the greatest scientist who ever lived (Newton was also a colossal dick, but the value and brilliance of his scientific discoveries is unquestionable). With that book, Newton irrevocably took physical science out of the hands of the philosophers and into the hands of the true scientists. It heralded the first real scientific revolution. Newton showed us that we CAN understand the Universe, that mysterious things like gravity and light and the motions of the planets DO have explanations which make sense. And, with the exception of extreme circumstances where one must consider the effects described by Einstein's theories of Relativity, Newton's laws still apply to everything we do today.

One book which should have been on the list is, "How to Lie with Statistics." That one ought to be required reading for every single human.

u/cwmshy · 5 pointsr/Calgary
u/dacian420 · 5 pointsr/canada

This book was the optional reading for my first year stats class. Should have been required.

u/TheFeshy · 5 pointsr/TrueAtheism

> simply inquiring to your own experience of being. Turning attention inwards and playing around, trying to discover something.

This is introspection, not spirituality. Or, on a deeper and more scientific level, psychology and neurology. Our personalities and "selves" are made up of numerous sub-parts - every day experiences that pit those parts against each other are common. Like when we want that cookie, but don't want to get fat. But we can probe those parts much more thoroughly, and even selectively disable or trick or occupy one of those sub-parts. You get fascinatingly different answers if you ask people certain questions while they are also continuously adding one to a number every few seconds as opposed to a normal state, because the "consciously considering" part of their brain is distracted and other parts do their best.

Our sense of position is one such part of our personality. It can also be fooled, which leads to some odd experiences (feeling "out of body" for instance) - but never ones that actually violate what you could do normally - that is, you may feel as if you're floating above the room, but you still can't see behind you or on top of objects too high to see.

Vilayanur S. Ramachandran actually devised an experiment that ended in people feeling as if the table they were sitting at was part of themselves.

These experiences are a "spiritual" feeling to some people; but spirituality does not provide us with tools to probe them more deeply, or come to a better understanding.

But all of that is just the start; for a fascinating taste of how the sub-parts of our mental heuristic algorithms interact, I suggest this book

u/CuriousGrugg · 5 pointsr/psychology

>A lot of modern psychology and neuroscience appears to be neglecting the concept of the unconscious mind.... Psychology is so determined to get religion out of science that it cannot allow for the concept of the unconscious

I honestly cannot imagine how you came to this conclusion. There is no question at all among psychologists that unconscious processes play an important role in cognition. Every single popular cognitive psychology book I can think of (e.g. 1 2 3 4) discusses the importance of unconscious processes.

u/drtrave · 5 pointsr/Entrepreneur

Your question is very important. Especially for early stage or even first-time founders, who don't have the right support network yet. There are many more resources like Facebook groups, and youtube channels that you can leverage to learn more about entrepreneurship, specific skills, and industries. Let me know if you're looking for something more specific. I'd be more than happy to give you additional pointers.


Here is a list of resources that I found very helpful on my journey:



Reddit: I was impressed with the quality and depth that you can get by asking meaningful and targeted questions in the right channels such as r/entrepreneur and r/startups.



All of the podcasts provide a great learning experience through case studies, founder interviews, and startup pitches. Believe me when I say that whatever challenge you're having someone more experience can very likely help you.


  1. Jason Calacanis: this week in startups

  2. Tim Ferriss: The Tim Ferriss Show

  3. James Altucher: The James Altucher Show



    Launch Ticker News: One of the best newsletters out there that captures the latest tech and business news sent to your inbox several times per day.



  4. Andrew Chen

  5. Entrepreneurship Unplugged



  6. Roger Fisher: Getting to Yes

  7. Dale Carnegie: How to Win Friends and Influence People

  8. Dan Ariely: Predictably Irrational

  9. Eric Ries: [The Lean Startup] (

  10. Noam Wasserman: The Founder's Dilemmas
u/WhereCanILearnR · 5 pointsr/badeconomics
u/the_popcorn_pisser · 5 pointsr/Drama

I'm not going to touch this one because it's already been there for a day but as a Central American let me clear something up:

The shit that happened in North America doesn't even compare to the level of attrocities that happened in the rest of America. It is even argued that the reason why the US and Canada are wealthy and Latin America is a shithole goes to how different both regions were conquered. Up north Europeans were eventually forced to actually trade, down here they literally raped and pillaged and those power structures remain today (

u/econlurk · 5 pointsr/badeconomics

>a book is the thing you do when you can't get a theory past the peer-review process.

u/shaansha · 5 pointsr/Entrepreneur

I love the crap out of books. One of life's greatest joys is learning and books are such an excellent way to do it.

Business books you should read:

  • Zero To One by Peter Thiel - Short, awesome ideas and well written.

  • My Startup Life by Ben Casnocha. Ben's a super sharp guy. Learn from him. He started a company in his teens. He was most recently the personal 'body man' for Reid Hoffman (founder of LinkedIn)

  • The Lean Startup by Eric Reis - Fail fast and fail early. Build something, test, get feedback, and refine.

    Non Business Books (That Are Essential To Business

  • Money Master The Game by Tony Robbins - I am a personal finance Nerd Extraordinaire and I thought Tony Robbins was a joke. Boy was I wrong. Hands down the best personal finance book I've ever read. Period.

  • Meditations by Marcus Aurelius. Ever seen Gladiator? This is the REAL Roman Emperor behind Russel Crowe's character. This book was his private diary.

  • Man's Search For Meaning by Victor Frankl - Hands down one of the most profound and moving books ever written. Victor was a psychologist and survived the Nazi training camps

    As a way of background I have newsletter where I share proven case studies of successful entrepreneurs. I outline step by step how they made money and got freedom from their day job. If you’re interested let me know and I can PM you the link to the newsletter or if you have any questions.
u/intertubeluber · 5 pointsr/startups

This post is a succinct but uncredited summary of The lean Start-up by Eric Ries:

u/Lavender_poop · 5 pointsr/marketing

I have a few, not all specifically about marketing but related to business, growth, customer experience, etc.

u/Fewshot · 5 pointsr/Entrepreneur

It should really be: here's what happens when you focus too much _in_ your business, not _on_ your business.

The E-Myth is required reading to combat this.

u/d-fever · 5 pointsr/Entrepreneur

The E-Myth Revisited by Michael Gerber

u/CSResumeReviewPlease · 5 pointsr/smallbusiness

I agree with the other comments; this is a relationship issue. No amount of resources will help her if she refuses to use them. I suggest buying her a copy of the E-myth book because it sounds like she just wants to work for herself, instead of actually running a business.

My advice to you would be to isolate your finances from hers if you can do it without destroying your marriage. If her business goes down / gets sued, your (both of yours) money can go down with it even if she's under an LLC. Best of luck with this! Let me know how it turns out.

u/joeflux · 5 pointsr/smallbusiness

Presumably this book:

(From googling)

> The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It

u/nalleypi · 5 pointsr/privinv

What /u/edmontonpi said.


I'd highly recommend you read The E-Myth Revisited.


I frequently tell people that I am a part-time investigator and a full time entrepreneur. I spend a majority of my time on bookkeeping, marketing, and correspondingly little investigation work. Most people want to do the work of being an investigator, and not doing the work of running and building a business, and owning your own firm is definitely the latter.

u/RonaldMcPaul · 5 pointsr/Anarcho_Capitalism
u/eric_weinstein · 5 pointsr/learnprogramming

Seconding The Pragmatic Programmer and Cracking the Coding Interview. I'd also recommend:

  • Code Complete: verbose and somewhat self-congratulatory, but extremely good.
  • The Mythical Man-Month: a little dated and weirdly religious at times, but has great insights into how software problems are actually people problems and how large projects are (mis)managed.
  • Design Patterns: a.k.a. the Gang of Four book. This one's a classic.
  • Pro Git: you mentioned version control systems. IMHO, you should learn Git if you don't know it, and this book is a great resource.

    If you let us know which languages you primarily write, I can probably recommend some good language-specific titles, too.
u/thatsnotgravity · 5 pointsr/learnprogramming

Pragmatic Programmer, Clean Code, and Head First Design Patterns come to mind right away. They're 3 of my favorites.

There's also Design Patterns by the Gang of Four. That's a lot more dense IMO than Head First, but it's fantastic material.

Since you're looking to jump ship and start interviewing, take a look at Cracking the Coding Interview. That will prepare you for any questions you run into during the process.

It's probably also worth brushing up on Algorithms and Data structures.

u/wpnx · 5 pointsr/learnprogramming

Better yet, start building a portfolio by open sourcing the code on github. Include links to your projects in your resume. Have your resume live on linkedin and make sure its up to date and completely public.

As an interviewer, I love to see code examples and a pasion for coding in free time.

P.S: If you're about to go into software engineering interviews

  1. Do 4-5 problems from this book every day. After about a month, you'll be acing interviews.

  2. Do problems from here

  3. Check out topcoders for extra practice.
u/drunkpotato · 5 pointsr/personalfinance

Please do nothing yet. Please do nothing yet.

I think the other advice in this thread is worthwhile, but I don't think you should follow it YET. There is a great book, the Bogleheads Guide to Investing ( ) very down to Earth, and there's a chapter on windfalls.

The first piece of advice is DO NOTHING for 6 months. Don't give it away, don't spend it, don't invest it, literally park it and do nothing. For 6 months. That ought to be enough time to give you some breathing room, learn how the money will be disbursed and what any potential tax liabilities are, and time to consider your options. Also gives you time to browse the personal finance section!

u/MauriceReeves · 5 pointsr/EnoughLibertarianSpam

Well, you're not far off. This book is very popular in libertarian circles:

u/-tactical-throw-away · 5 pointsr/The_Donald

Economics in One Lesson should be required reading for all. Most people only look at the seen costs of projects but are ignorant of the unseen costs.

u/ashmoran · 5 pointsr/btc

The advantages of learning about economics go way beyond understanding Bitcoin.

Economics (in the school started by Carl Menger, Ludwig von Mises, etc), is the study of how people act in order to achieve happiness. It asks: given people have certain goals (but without making any judgements on what those are), and limited time and resources to achieve them, how should they act to maximise their satisfaction? Even a man alone on a desert island is acting economically: should he spend another hour making shelter, another hour catching fish, or another hour relaxing in the sun? The economics of trade is built on top of this. Will one person with too much fish, and another with too much wood, discover they're both happier after trading than they were before, even though the total amount of wood and fish in existence has not changed? Indeed, the most important work on economics by Mises is called simply Human Action.

A few years ago I came across a book (Economics in One Lesson) which began with the following foreword:

>I strongly recommend that every American acquire some basic knowledge of economics, monetary policy and the intersection of politics with the economy. No formal classroom is required; a desire to read and learn will suffice. There are countless important books to consider, but the following are an excellent starting point: The Law by Frédéric Bastiat; Economics in One Lesson by Henry Hazlitt, What Has Government Done to Our Money? by Murray Rothbard; The Road to Serfdom by Friedrich Hayek, and Economics for Real People by Gene Callahan.
>If you simply read and comprehend these relatively short texts, you will know far more than most educated people about economics and government. … If you care about the future of this country, arm yourself with knowledge and fight back against economic ignorance.

I did exactly this and read them one by one. I summed up my findings in this blog post. I've found the books in the list above enough to defend against the biggest and most common fallacies you see in the news. I highly recommend reading at least one, if not all of them, and Economics in One Lesson is the one I recommend most.

u/me_gusta_poon · 5 pointsr/JoeRogan

You listen to those clowns at Chapo Trap House? Please do yourself and the world a favor and buy yourself one of these

u/ultimape · 5 pointsr/computertechs

Oh, well in that case I think you made an excellent decision!

I've had to work with a nontechnical manager in a similar role and it was a major headache to have to constantly explain to them why x took priority over y, and why z took so long to do. Having someone who understands these things at a more direct level would have helped make it much more bearable.

If you want a leg up, have a look at time management techniques. Far too many shops act under what amounts to a cargo-cult mentality regarding how to run IT. They go through the motions, but don't understand why they do. These shops run some type of ticketing system... poorly. Their customers end up suffering.

Time management techniques, well executed triage, and an understanding of end-user expectations, is what separates the wheat from the chaff. For a good introduction on the idea, check out "Time Management for System Administrators":. Its a book, by a guy who now works at Google. He also has a great set of presentations online on his YouTube channel.

A bonus aspect of the job is that you sometimes have to deal with idiotic or frustrating customers (or aforementioned managers). The best thing I've found to deal with it is to work on reframing the situation. This basically amounts to putting yourself in their shoes and trying to be more empathetic to their position. A great mindset to take is something out of zen/meditation - being aware of your emotions in the moment can help defuse a lot of nasty situations. I'd recommend starting with this book.

u/labmansteve · 5 pointsr/sysadmin

Check out The Practice of System and Network Administration, and Time Management for Systems Administrators.

Oh, and nagios/icinga is free and totally rocks, as does spiceworks.

u/Pvt-Snafu · 5 pointsr/sysadmin

This is what you need.

Also, you could try to create the stickers where you can write the critical tasks, therefore, you will know on which tasks need your focus.

u/btgeekboy · 5 pointsr/sysadmin

Give this a read. Chapter 9 is titled "Stress Management" but the whole book in general will help keep your stress down.

u/FirstAmendAnon · 5 pointsr/politics

While I do not disagree, it is Capital*

read this one:

u/q_pop · 5 pointsr/UKInvesting

Over at /r/ukpersonalfinance we have a small "recommended reading" list that's worth looking at.=:

> Intelligent Investor - Benjamin Graham
> This book was written by the father of "value investing", and the mentor of Warren Buffett, who is widely accepted to be the world's most successful investor.
> It was originally published in 1948, but Ben Graham updated it periodically over the years, and it stands as true today as it ever has.
> Beating the Street - Peter Lynch
> Published in 1994, this is arguably showing its age more than Intelligent Investor. Either way, valuable reading from one of the best managers of money in the past few decades.
> Naked Trader - Robbie Burns
> Subtitled "How anyone can make money trading shares", this is an entertaining, tongue-in-cheek account of one financial journalist's attempt to quit his job and make £1,000,000 using a short-to-medium term trading strategy. Not very scientific, but an interesting counterpoint to the previous recommendations.
> Smarter Investing - Tim Hale
> The ultimate counterpoint to attempting to "beat the markets" - after spending 15 years working in active fund manager, Tim Hale concluded that the best outcomes for most investors in most situations would be a simple portfolio of "passive" investments (that is, funds which attempt to track a market, rather than outperform it). This style is favoured by the likes of Monevator, and many of the subscribers here.
> Berkshire Hathaway's annual shareholder letters - Warren Buffett
> Not a book, but a series of essays over the years from the world's most successful investor. Makes interesting reading! Notably, the 2014 letter (not published in the above link but published here in abridged form) implies that he now feels most investors would be best served by low-cost trackers.
> The Financial Times guide to investing - Glen Arnold
> A great starter guide, going from the very basics (why businesses need shareholders) to more in-depth explanations of different types of investment, and step-by-step guides on how to execute trades.

u/zpenacho · 5 pointsr/personalfinance

Calculate out/project your monthly expenses and multiply them by 3-6. Then start saving that amount of money in a savings account. If for some reason you lose your job or something happens (your car breaks down, you have a medical bill) you can use this money to keep yourself from going into debt. When the emergency has passed, replenish the savings account.

Once that's established setup a Roth IRA and start contributing to it and investing.

If you're serious about trading, read these two books in this order before proceeding:

u/publius_lxxii · 5 pointsr/IAmA

>>Read the intelligent investor After you finish it, ...

>Warren Buffet loves that book.

That's a minor understatement.

Warren Buffett named his son, Howard Graham Buffett, after the author. No joke.

u/pokemong · 5 pointsr/IWantToLearn

Have a look at this book: It is written by the guy who taught Warren Buffet to invest and mostly covers the general approach and mechanics of investing in fundamentals. It's the bible of personal investing. I would check out the links other redditors provided for the very basics, then read this book to understand the overarching concepts. Good luck!

u/beavioso · 5 pointsr/AskReddit

Warren Buffett, richest guy in the world at one point, now probably in second or third believes in smart investing. He went to Columbia University in NYC to learn directly from Benjamin Graham and David Dodd. So, you couldn't go wrong by reading or skimming The Intelligent Investor by Benjamin Graham before you seek a financial investor. See if your local library has a newer edition (it will include a discussion on newer securities, such as Mutual Funds, etc.).

u/bbqbot · 5 pointsr/investing

Go read Benjamin Graham's The Intelligent Investor for everything you need to know about value investing. Buffet claims he won't ever write a book since everything is in there (also, author is the guy who Warren learned from).

Excellent book.

u/l0gr1thm1k · 5 pointsr/options

Surprised no one has mentioned Tversky & Kahneman yet. Kahneman was awarded the Nobel prize in economics for his pioneering work in behavioral economics .

Their most famous/accessible work is probably Thinking, Fast and Slow

u/UMich22 · 5 pointsr/investing

Check out Thinking, Fast and Slow by the Nobel Prize winner Daniel Kahneman. It may not be what you're looking for since the investing/markets aspect is not the entire focus of the book. However, I think it would definitely be worth your time.

u/Kakuz · 5 pointsr/books

I would go with Kahneman's "Thinking, Fast and Slow". It can be rather tedious at times, but it's such a great summary of recent work in social and cognitive psychology that it's worth it.

Oliver Sacks, as mentioned before, is another great author. Very approachable, very interesting, yet quite informative.

I have heard that Dan Ariely is a great author. Predictably Irrational might be a great read.

Steven Pinker's How the Mind Works is also great, but I would recommend Kahneman over him.

Finally, I would recommend a classic: William James - The Principles of Psychology. It's old, and some stuff is dated, but the guy had amazing insight nonetheless. It'd be a great intro reading just to see where psychology came from.

I would stay away from Jonah Lehrer, since he was accused of academic dishonesty. His book "How we Decide" was an extremely easy read, and a bit watered down. On that tangent, I would also avoid Malcolm Gladwell. Sacks does a better job at explaining psychology and neuroscience to a general audience.

Hope that helps!

u/noahpocalypse · 5 pointsr/HPMOR

Also more complex than just telling people to read Thinking: Fast and Slow.

u/caboose1234 · 5 pointsr/AdviceAnimals

Ha, you're funny. Let's go over these.
Credit Rating: I can argue this was inevitable from the way things were going when Obama assumed office. You may argue it was not. This is not something I feel can be argued effectively.

Unemployment If you can look at that graph and tell me you still think it doesn't look better under Obama, I will call you a liar.

Gas was artificially low for a tiny period of time. A few months before that is was well over four dollars a gallon.

Debt I will agree has gone out of control and needs to be reigned in. Unfortunately a vast bulk of this is medicare and no one will touch that.

For the wars I'd rather see troop deployment numbers than number of wars.

Budget is congress. There is no argument for this. The creator of this graph was an idiot for including it.

By the way, statistics lie very easily. Read a book

u/Whiggly · 5 pointsr/politics

This should be required reading.

But yeah, it's a little freaky how many people simply replace theology with science to form arguments about things they don't actually comprehend. That's not disparage science or scientists in general. But there's a lot of ignorant people who believe things not because they heard what scientists said and went and read about their work and examined what they did and tried to actually understand what was found, but because "science said so." Sometimes that can be abused... see the anti-vax movement.

u/Mithryn · 5 pointsr/IAmA

The infographic, frame by frame

I'm a data analyst by profession, and this book would help anyone understand what is going on here.

Not because mormons are all liars, far from it, they are some of the most honest people, but the newsroom likes to juggle statistics. Every piece of information individually is true, but when placed next to each other they build a picture that is deceptive.

Frame 1: Sacrament meeting attendance "100%"

This is straight out deceptive

The Numerator here is "Active mormons" and the Denominator here is "Active Mormons". Now my wife is an active mormon, and she misses every once in a while so on top of measuring the same number on the top and on the bottom, they've also rounded up.

Frame 2: 1.3 million worship services: Straight forward, take the number of chapels in service x the number of weeks in the year. Somehow I think it will still fall short of 1.3 million. Let's check: 21,335 church units x 52 = 1,109,420. I'm not sure how they get 1.3 million, but it's > 1 million Close enough.

Members believe

They do believe in the bible as well as the book of Mormon, and Christ is mentioned that frequently, which is fascinating because 2/3's of the book occurs before Jesus is born. In fact, Mary is given by name hundreds of years before she was born, and John the baptist's exact phrases are quoted hundreds of years this should give one pause.

9 out of 10 members pray daily This is taken from active temple-recommend holders, or the most faithful of the members, certainly out of that "regular attendence" number above, these people are probably only half. Denominator units matter.

4th largest church here is where the deception begins. Because those "member" numbers above were only for active people, but to get the "Largest in the U.S." status they claim here, they include anyone who was ever a member. i.e. babies who never went to church, individuals who died until they are 110 years old, people who have resigned from the church. census records indicate that only 5 million members are active

According to the study

Mormon's placed 3rd, which is impressive, right after atheists and agnostics. Interesting tidbit

77% of members attend weekly again, one must ignore the 2/3rd of members who no longer self-identify as members, who were included in the 4th largest calculation. Members who self identify attend church more regularly. Imagine if catholics could remove from their denominator everyone who doesn't attend regularly from their attendance calculations!

73% listed marriage

Again, we're looking at the top of the top members. These members hold recommends and were probably already married. We're not asking kids if they are going to get married, we're asking already married people if marriage was a top goal. The idea that 27% of them do not have it as a goal should be telling.

96% donate These donations are required to be counted as an active member. They don't donate free-willing, they give money because it is required, like a tax, for membership.

80% donate to non-religious causes The Boy Scouts of America is closely tied (most would say owned) to the LDS church. Most of the "Non-religious" donations go to the Boy Scouts, which are allowed to use the church buildings for fundraisers, and to request funds twice a year in church. This year, my local authority (The Bishop) gave a talk in Sunday about the importance in donating to the friends of scouting program.

70% participate in religious volunteering again, most active members, but yes, they are excellent at volunteering. I have to wonder if they include volunteering at church run facilities (Such as the welfare farms) in this number.

Fasting this is true that they fast once a month, and donate the value of two meals (Usually much more) to the church (not to any charity, to the church). The church then puts this money into an interest bearing account for 3 years, and finally allows it to be spent at the end of those three years, when a bishop makes a request. This money is used for things such as reformation of gays at private company camps. Interest spun off the money is used in for profit ventures such as the mall. Most members do no know how their fast offering money is used.

More members live outside the U.S.

It was just discovered that almost 1 million members in Brazille do not exist. I would suggest that this is using global numbers including inactives to get this total, but if we are to use the "Active membership" numbers from above, we'd find that most members are not only in the U.S., but in Utah.

I don't know where they get the 28,000 congregation number, as I took my 21,000 congregation number directly from the 2012 conference report. Unless we built 7,000 ward houses in the last few months, I am suspicious of this number.

Total Church Membership as mentioned before, this includes anyone who was ever baptized whether they left, died until 110, etc. This is not the denominator for most the statistics on this infographic.

185 countries this is an accurate number by everything I could find.

u/MiltonFreedMan · 5 pointsr/Libertarian

Free to Choose

and Basic Economics

More modern look at the current state of the US - By the People

u/farewell_traveler · 5 pointsr/politics

A few white Pastors I know are becoming more vocal and critical regarding POTUS and Friends, but in general I've found that while the conversation can be had, its next to impossible to actually change anyone's mind. Of course, we could just chalk it up to my poor persuasion skills.

It's truly tragic that the Republicans grabbed the 'God' theme. Sure, sure, we wanted to avoid the domino effect and wanted to unite the country, but hey, guess what? Jesus mentioned something about preaching to ALL nations, so I'd think that'd include communists and even countries labeled as an 'enemy'.

I'd also want to suggest that there are plenty of 'phony' Christians out there who are warping the image of "Christians voting for Trump", but I've met enough 'real' Christians who voted Trump. Something about economics and saving babies. It'd be nice if they read some literature, such as Basic Economics so that they'd actually have a basic understanding of the topic, and maybe even Rich Christians in an Age of Hunger so that they can better understand how well they truly have it (and might even stop griping about 'government handouts').

Despite the uphill battle, I'd encourage the conversation. Best case, they learn that Jesus wasn't a rich white man who bought off the Pharisees and only loved English-speaking peoples of pale complexion. Apologies for the minor rant, I'm somewhat annoyed with the world on this fine morning.

u/FelixFuckfurter · 5 pointsr/SeattleWA

You want evidence that people buy less of something that costs more?


u/SmogArithmetic · 5 pointsr/politics

The cover is tacky and it was published a little while ago, but I highly, highly, highly recommend:

The principles in this book are very sound for those of us who do not want to be full-time investors (and who couldn't handle the risk anyway).

u/engineering_stork · 5 pointsr/ProgrammingBuddies

Lol, competitive coding is usually overkill for interview prep. Don't get me wrong--if you are good at competitions, you will almost certainly do well on interviews. Coding competitions focus much more on "finding an important insight"--usually beyond anything that you'll have to know for work--and then coding a solution, while interviews focus much more on your ability to hold many different moving parts in your head. Competitions also tend to focus on parsing inputs, which, if you are using a language like C++, is a pain in the ass and can be unnecessarily discouraging if you just starting off.


My advice is to check out the CTCI book and to write working code for as many problems as possible.


Be able to crank out DFS in your language of choice. Code every day. Try and work on problems that are easier to solve theoretically but that require holding a lot of different components in your head while you write the solution. The bottleneck for most people is writing correct code even after they know the solution--not "solving the problem" with theoretical data structures.


Also, know your language well. Spend some time every day typing out the apis for the basic data structures into your lang's toplevel or interpreter.

u/enteleform · 5 pointsr/Python
u/eatstraw · 5 pointsr/learnprogramming

Here's a really good book by someone who used to conduct coding interviews at Microsoft, Amazon, etc.

Cracking the Coding Interview

Still, it's not likely that you'll see the same exact questions on an actual interview. Just practice a lot and get comfortable with solving problems. That will help you when it's time to code on-the-fly at an interview. Also, it's more important to talk through the solutions. Coming up with an innovative, elegant, or efficient solution with pseudocode is more important than getting the syntax exactly right in a particular programming language.

u/buzzsawddog · 5 pointsr/M1Finance

Save a buck and borrow it from the local library.

I did not know about the 3fund book but think it would be silly to buy it :) it is going top tell you to balance for risk between a total market, total international, and total bond. It might talk about a split total bond/ total international bond... But hey might be worth a read if your library had it.

u/BlackwaterPark10 · 5 pointsr/DaveRamsey

Great job! Now go read this book, open a Roth IRA at Vanguard, and auto invest into VTSAX Mutual Fund for the next 40 years, and you will be unfathomably rich. Dont bother with bonds, simply VTSAX and maybe a spinkle 10% at most of VTIAX for some international companies.





u/VT-Hokie · 5 pointsr/cscareerquestions

Cracking The Coding Interview Read this book from cover to cover and be ready to accept your 75K+ job after you start murdering interviews left and right.

u/10_6 · 5 pointsr/learnprogramming

Some books that could help you practice algorithms and coding challenges are:

  1. Elements of Programming Interviews

  2. The Algorithm Design Manual

  3. Cracking the Coding Interview

    If you want some actual practice solving challenges with some guidance and/or help, I'd recommend Coderbyte which provides solutions to the problems along with the ability to view other user solutions so you can learn how others solve the same challenges. This article might help you find some other coding challenge websites as well.
u/aMonkeyRidingABadger · 5 pointsr/learnprogramming

Here are the resources that I have used in the past. These are the type of questions that the large bay area software companies ask during phone screens and on site interviews. I've interviewed at a number of these companies and currently work for one of them. They all do similar things both in terms of the coding questions they ask as well as the overall interview process. I've never interviewed for a start up or any other sort of company, so I cannot speak to how it's done outside of large software companies on the west coast.

The following book, Cracking the Coding Interview, is great. Some companies use questions straight out of this thing. Others will ask one of these questions with a little twist.

Either of these sites are good resources for actually writing code. Some of the challenges on Hackerrank are harder than you'll probably ever encounter in an interview, though it's worth noting that I've been asked a couple of the problems marked as hard on OJ Leetcode during onsite interviews (I recall LRU cache and a dynamic programming version of text justification specifically).

For general stuff you need to know, this blog post about how to prepare for an interview at Google is a good resource. Jump down to the Tech Prep Tips for the relevant stuff, or just read the whole thing, it's a good read.

u/bishamon72 · 5 pointsr/golang

I had a recruiting firm send me this book. Pretty interesting.

u/grandstream · 5 pointsr/singapore

As someone who has alot of friends who received the NIS previously and it has been rebranded to SG:D scholarship, I can you tell that almost all of them want to break their bonds if they could afford to.

Therefore my advice to you is to not take up the scholarship unless you need to for a various reasons:

  • Unnecessary stress to maintain your grades to fulfill the scholarship requirements. Especially in tech, grades may not be the best indicator of your capability as many companies have been enlightened about that. Instead of joining hackathon, doing some side projects, a number of my scholar friends would rather focus on mugging and studying for grades.
  • While a job is typically secured after your studies, you might not get to choose exactly what you want to do. Some agencies with better HR department might get your input and allocate a position for what you want to do, but that is not always possible depending on the manpower limitations or the projects going on.
  • Lastly if you are really that good, then getting a job is the least of your concerns, and you are likely to get better opportunities than what you signed up, which is what my friends are complaining about but they LLST because they don't think it's worth it to pay 10% compound interest over x year for the liquidated damage.

    If you really want to take the scholarships in government agencies, there are some perks too:

  • Little to no financial burden on your parents for your entire college education + exchange
  • Scholars in agencies tend to receive all the high profile projects/opportunites first (however do prepare to work hard too)
  • Due to the high profile projects, scholars tend to be fast tracked and promoted wayyyyyy faster.
  • If you like the public sector, scholarship does help alot.

    To be honest, the first 5 years of your career is extremely important because they setup the stage for your career advancement. My (biased) advice if you are serious about tech and developing skills to do awesome work is stay out of public sector, typical MNCs, banks and consultancies because there's just too much wayang than doing the actual work. Most consultancies in Singapore are just sweatshops than doing good work. Go work in tech firms that are known for their engineering processes and build stuff.

    And if you want to get into FAANG, it's not that difficult if you put in the effort to prepare for it and try to do as many internship as possible. You should be willing to work through one of the following books

u/SgtJockMacPherson · 5 pointsr/DaveRamsey

The best thing you can do is read and then read some more! Find those articles about investing and start learning the language. You can probably find what you need from a couple of books at the library or you can find them on Amazon but if you need help understanding it, then get help. You can call an investment broker in your area and schedule a meeting. They will usually spend some time with you for free in hopes that you will invest with them in the future.

[Mandatory link to Bogle type book] (

u/charliefourindia · 5 pointsr/ActLikeYouBelong

Worth pointing out as I haven't seen this book mentioned here so far.
Trust Me, I'm Lying: Confessions of a Media Manipulator

I have been reading the book and the first edition is a little disjointed but still gets the point across.

u/kathartik · 5 pointsr/KotakuInAction

this is legit. the article is from over a year ago. he wrote a book about it

u/SideraX · 5 pointsr/france

Et dans ce cas il tourne la réthorique selon comme quoi EM utilise la justice (corrompu) pour entérer la vérité.

Au final quoi qu'il arrive ils consolideront leur base électorale.
Cet article explique assez bien cette stratégie :

Et y'a même un livre :

u/deagesntwizzles · 5 pointsr/media_criticism

This is actually the central premise of the book, Trust Me I'm Lying:

Essentially, now that most media is online, and advertising sales are driven by clicks, clicks become the all important goal of most articles. And this is ushering in a new era of yellow journalism.

What drives clicks are anger / outrage/ fear / hate/ humor / sex - things that produce 'emotional valences.'

So take two headlines examples.

  1. "Trumps election due to democrats's failure address the economic concerns of middle america, research shows."
  2. "10 reasons why debate is pointless, and flyover state conservatards need to be put in re-education camps."

    Article 1 could be a wonderfully written, deeply researched article with a nuanced world view and actionable advice for winning in 2020. Yet, its not an exciting headline, and certainly does not spike a readers emotions. It gets 12,000 clicks.

    Article 2 could be raging drivel; an emotional , opinion based listicle with 250 words and 10 memes stolen from Reddit. But that headline is pure click gold. Those who are angry/hateful about trumps win will click, while trump supporters angry/afraid about the prospect of being put in political re-education camp will also click. Further, both sides will share this article with their 'sides' of the aisle online. Result, 1.2 million clicks.

    While article 1 is much better quality, article 2 is far more profitable for attracting advertising. As such, writers and editors will pursue more 'stories' like article 2.
u/monopanda · 5 pointsr/CGPGrey

I highly suggest Trust Me, I'm lying if you have not read it yet.

u/rafaelspecta · 5 pointsr/smallbusiness

If you are going for a internet business or any product-oriented business here a are the best books


"The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses" (Eric Reis) - 2011

"Running Lean: Iterate from Plan A to a Plan That Works" (Ash Maurya) - 2010

"Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days" (Jake Knapp - Google Ventures) - 2016


ALSO GO FOR (these are the ones that started organizing the Startup world)

"The Four Steps to the Epiphany" (Steve Blank) - 2005

"Business Model Generation" (Alexander Osterwalder) - 2008

u/FeetSlashBirds · 5 pointsr/gamedesign

This is a common trap for designers ( all designers, not just games/software). When you're making something new you making some several assumptions about what your audience wants to play (or is willing to play), you even make assumptions about who your audience is. You have to validate these assumptions to figure out if you're on the right track.

I would highly recommend this book specifically because it talks about designing ways to validate all of the assumptions you're making about your target audience and the things they want. If you're not careful you can spend months and months working on a product that nobody wants. If nobody wants to play your game then its better for you to figure that our as early in the development cycle as possible. It'll give you a chance to tweak your design or give up and try out your next idea.

Don't judge the book based on the title. The ideas can be applied to any project.

u/Karpuz12 · 5 pointsr/startups

This should help you with number 1


Book: The lean startup

u/johgo · 5 pointsr/startups

Here are my top three:

  1. Running Lean (

  2. The Lean Startup (

  3. The Startup Owner's Manual (

    You may want to read them in reverse order (3, 2, 1) as Steve Blank influenced Eric Reis who influenced Ash Maurya -- but I really think Running Lean has more practical / applicable insights.
u/daniu · 5 pointsr/explainlikeimfive

The advice to "sleep on it" is not to be able to think about it at night, but to give yourself time to calm down from short term emotions that might be connected with a decision.

There is a book about decision making called ["Thinking Fast and Slow"] ( with an explanation of how decisions can be made in those two ways, fast - intuitively, pretty much - and slow - using rational thought.

Both those approaches have their advantages and drawbacks, so you often can make a correct "fast" decision, but doing so will prevent you from checking back with the other thought process. So allowing you to do that is pretty much the value of "sleep on it".

u/scornucopia · 5 pointsr/CAguns

If you haven't already, have a look at Thinking, Fast and Slow. The basic problem (AFAICT) is that, in practice, people judge risk based on how easy it is to recall an example, rather than statistical likelihood. With the media constantly harping on about a "mass shooting epidemic", this leads people to massively overestimate the risk of being a victim of a mass shooting, and because it's (what Kahneman calls) a "System 1" process (basically his term for "intuitive"), and because "System 2" processes (basically his term for "analytical") are very strongly predisposed toward concurrence with System 1 conclusions, it is almost impossible for data and reason to displace the intuitive presumption that mass shootings are a significant threat.

u/RockyMcNuts · 5 pointsr/Economics

These are not finance books, but popular books on behavioral economics by leading academics

Daniel Kahneman, Thinking Fast And Slow (a classic, I think)

Richard Thaler, Cass Sunstein - Nudge

Dan Ariely - Predictably Irrational

u/Gazzellebeats · 5 pointsr/LetsGetLaid

>I don’t regret having one, just extremely ashamed of being sexual and communicating it to girls and also showing it to the world. Attracting girls’ attention and whatnot isn’t very hard but progressing things to dating, holding hands and eventually sex is impossible. I can’t even call them or message them on Facebook or Whatsapp because I just feel like an idiot for doing so. Making a move in clubs and bars is also difficult although I once got close to leaving with a girl but she didn't want to. I got made fun of a lot growing up for not having a girlfriend and this made me feel like i do not deserve one. It doesn't matter if I've got the green light to go ahead I just feel really ashamed do it. Even something like looking at a fit girl wearing a short skirt makes me feel bad for checking her out and that I shouldn’t be doing it.

I know what you mean. I've been there myself, but even when I was there I was entirely self-aware of my shame and I was skeptical of the validity of my emotional reactions; I realized they were ingrained. Being aware of your emotional reactions allows you to be emotionally proactive. Your sex-negative problem is mostly an emotional issue, and not much else, right? I've been there. I wouldn't doubt that you are also decent looking and have both latent and actualized social skills. Most intelligent introverts have a lot of potential to be who they want to be because they know themselves more deeply than others. You must use your introverted nature to your advantage and recognize the differences in others and yourself. In all honesty, there are an infinite number of unwritten rules; everyone's abstract/emotional logic is different. Many of them are foundational and predictable, however; including yours and mine. Like anything else, being emotionally predictable is not a black/white issue. It is a grey area, and you have to balance your reliability with creativity.

Being made fun of for not having a girlfriend is just as sexist as being made fun of for not having a boyfriend; gender equal too. Were you ever shamed for not having a boyfriend? It's clearly a matter of groupthink and extroverted style; not for everyone. Dating relationships, for extroverts especially, are often attention-getting and showy. They wear their relationships like trophies won. Usually introverts prefer a more private relationship because they have less social desire and are often shamed because of it. Introverts are “themselves” more often in private. Extroverts are “themselves” more often in public. There is no shame deserved either way, regardless of popular opinion. Both styles have their strengths and weaknesses, and you should try to introject some of the traits that you enjoy in others; regardless of type. That is how you become balanced.

>I’m receiving counselling from a pastor who advocates the whole “no sex before marriage” thing and believes that people should only date to get married and sex is only for making kids which is stupid IMO because I do not plan on getting married anytime soon.

Counseling from a Catholic pastor? Watch out, that is one of the most notorious sex-negative societies out there. They own the abstinence-only charade while they parade horribles. Marriage is not the answer to anything; it is an institution of the state. Anything else attached is sentimental.

If you haven't already, I recommend doing an in-depth study of animal sexual behaviors; especially the most intelligent animals. All animals have sex for pleasure, but some animals are only driven to have sex at certain times of the year; humans are on a 24/7 system.

>I’ve tried the no fap route and gotten very high days counts but that hasn’t really helped me at all.

Sexual frustration doesn't help anyone. If you are mindful, then you can use your libido to further your goals, but it is not an all-cure.

>Got any sources to help overcome sex-negative perspectives? I’m interested in recreational sex not baby making sex.

Absolutely. I recommend starting with actual sex science and learning about male and female psychology and neurology. Then work your way into reading about sex culture. You should also study developmental psychology as you will probably need the clinical context in order to objectively self-evaluate your childhood influences; it is necessary for self-therapy. The best therapy will always be self-therapy; no one will ever know you better than yourself.

Evolutionary Science and Morals Philosophy:

The Selfish Gene

The Moral Landscape

The Better Angels of Our Nature: Why Violence Has Declined

Justice: What's The Right Thing To Do?

Sex Psychology, Science, and Neurology:

Bonk: The Curious Coupling of Science and Sex

The Female Brain

The Male Brain

Why Men Want Sex and Women Need Love

What Do Women Want

Why Women Have Sex: Understanding Sexual Motivations from Adventure to Revenge (and Everything in Between)

Sex: The world's favorite pastime fully revealed

Behavioral Psychology and Abstract Economics:

How Pleasure Works


Quiet: The Power of Introverts In A World That Can't Stop Talking

Thinking Fast And Slow

We Are All Weird

Developmental Psychology:

Nurture Shock

Hauntings: Dispelling The Ghosts That Run Our Lives

Empathy Building:

Half The Sky

The House On Mango Street

Me Before You

The Fault In Our Stars

Also check out James Hollis' Understanding The Psychology of Men lecture if you can find it.

Movies: XXY, Tom Boy, Dogtooth, Shame, Secretary, Nymphomaniac, Juno, Beautiful Creatures, and The Man From Earth.

All of these things are related, but it is up to you to make the connections; pick and choose which material suits your interests best. These are the things that came to mind first, and they have all influenced my perspectives.

u/andrewff · 5 pointsr/boardgames

I do for two reasons. First, for the competition and challenge of it. I love developing a strategy and seeing how well I can execute it.

Second, its to improve my ways of thinking about problems. Board games are very fixed problems with strong rules. In particular, board games are helpful in identifying cognitive biases in ways I think about problems.

One direct application of this is what is known as the Gambler's Fallacy. I think this obviously shows up in social deduction games. For instance, he can't be a werewolf three games in a row.

A second application of this way of thought is Anchoring. In Anchoring we get fixed on the first line of thinking we see. This comes up in games all the time, but I think its most obvious in word games. We find one word we like and we build off of that, we rarely consider other words. If you've ever played Paperback, you have probably seen your group do this as you open up the table for assistance.

Selective perception is another example. In this case we see a strategy that worked for us in the past and we fixate on moves related to that strategy. We don't think outside the box.

I'm going to write up a full article on this, but if anyone is interested, Thinking Fast and Slow is a fantastic book on this topic.

u/jacobheiss · 5 pointsr/investing

A lot of this comes down to how actively you want to engage in the process, how much of an "enterprising investor" you want to be as opposed to a defensive investor.

For the more defensive position, a lot of /r/investing appreciates Graham's approach emphasizing value, even if a substantial quantity of capital is devoted to playing the market itself (something Graham called speculating). If that approach is interesting to you--which seems likely given your stated desire for low to medium risk with steady growth--then the main adjustments you'd need to make are as follows:

  • Quit sinking the majority of your capital investment into just a couple stocks and stay away from actively managed mutual funds, too. For upwards of 80% to 90% of your capital, go with a balance of indexed stocks and bonds. A common way to do that is to subtract your age from 100 and let the difference be the percentage of stocks; in your case, we're talking 76% of your capital in indexed stocks and 24% in bonds if you did not set aside anything for more speculative forms of investment. If you set aside, say, 10% of your capital for speculation, then we'd be talking about roughly 68% of your total capital in indexed stock and 22% of your total capital in bonds. Periodically buy / sell to maintain this balance; some people who are really disinterested in closely playing the market do this only once or twice per year with long term success. Your goal here is to diversify your capital outlay in one of the most boring yet demonstrably low risk / consistent growth ways out there, and that is a portfolio heavily biased towards indexed stock and bonds. For a text that develops the logic and details of this approach, read The Millionaire Teacher.

  • There are tax advantages to contributing to a 401k; so, a lot of people would council maxing this out. Nevertheless, a 401k is just a type of account; you would still want to follow the principle in the previous point in deciding specifically what sort of investment you want to "point" your 401k towards. (I say this because some people are under the mistaken impression that a 401k is itself a form of investment, e.g. "I have some capital in stocks, some in bonds, and some in a 401k.")

  • With whatever quantity of capital you chose to devote to more speculative activity, say, 10% of your total capital outlay, think of this as your chance to experiment. If you like KO and WEN, great. As frequently as you want to play the markets, whether you want to go long on this stock or short on that, this (and only this) portion of your capital is yours to do with as you please. Have fun, but don't ever allow yourself to pull capital from your more secured forms of investment over to speculative activity if your goal is "low to medium risk with steady growth." Speculation is inherently risky; that's the way it works. And it's not something you can just do every once in a while with consistently solid results; it takes serious devotion.

  • Since you mentioned holiding a normal savings account and/or a CD, I'm going to mention that most folks council retaining upwards of 3 to 6 months worth of expenses in a totally liquid form of savings. This won't make you any money whatsoever (well, unless we wind up with a nice drop in inflation and you can take advantage of some pretty crazy rates select credit unions offer, like Baxter's "Rainy Day Savings" at 3.0% APY). But that's okay; the goal here is to have cash on hand for an emergency. CD rates are pretty terrible across the board right now; so, you're better off going with a high interest online savings account like ING Direct Savings or Discover Online Savings if you don't want to bother with or cannot get credit union membership enabling you to snag those nicer savings account rates.
u/G_Morgan · 5 pointsr/investing

Since you are from the UK I'm going to recommend /r/UKPersonalFinance's bible of Tim Hale's Smarter Investing. That basically explains passive investing, investing aims and timelines, portfolio strategies, etc and also inoculates you against trying to be too clever.

You can also read the more general The Intelligent Investor by Benjamin Graham but unless you are going to really dedicate a shed load of time to it Tim Hale's book is precisely what you need. Graham is basically the standard text on the matter but it goes into a lot of detail that isn't really relevant anymore whereas Smarter Investing is primed for modern investing and particularly deals with the UK environment more.

If you are going to invest you absolutely want to use the right platform for it. The UK has a good number of tax efficient platforms for investment. Specifically:

  1. Stocks and Shares ISA - Standard tax free investment account. You can put in £20k annually and will never pay capital gains taxes on the earnings. The new tax year starts on the 5th of April so if you have money to invest now you can put money in without using the limit for 2018-2019.

  2. Lifetime ISA - Similar to a S&S ISA except there is a £4k limit (this counts to your £20k limit but you can only put £4k in a LISA). The big win with a LISA is the government puts in 25% of whatever you put in. The downside is you cannot withdraw money penalty free unless buying your first house or when you are 55. Withdrawing otherwise means you pay a 25% penalty on withdrawal (and because -25% is bigger than +25% you actually lose money). Again a LISA opened now can take £4k before the tax year ends on the 5th. Then you could put in another £4k from the 6th. One other detail is you cannot use a LISA towards a house within 12 months of opening it.

  3. SIPP - A tax free investment pension. You never pay CGT like an ISA and you can put in however much you want. The government will give you back your income tax on up to £40k (that is the amount put in + the returned income tax caps at £40k) though you'll have to self assess to reclaim tax on higher rates (basically the government will put up your tax free limit for next year, the bonus is only directly 25%). You cannot withdraw until you are 55, penalties on early withdrawal are absurd (60%+). At 55 you can immediately take out 25% tax free. Any further withdrawals are taxable income.

    Basically it boils down to SIPP for retirement, LISA for buying a house (and to diversify against potential changes to the SIPP in law), S&S ISA for everything else. The one upside of an ISA over a SIPP is withdrawals from ISAs are never taxable. So using the £4k LISA limit each year makes sense once you are below the upper bands on income tax. As you'll effectively be able to withdraw from your LISA at will from 55.

    //edit - List of platform providers and fees below.
u/Geistbar · 5 pointsr/worldnews

A "purely capitalist" economy is impossible, because the end point relies on ideal market characteristics: all competitors and consumers having access to perfect information, and that all actors are 100% rational.

For the first, companies will not offer that, nor will consumers have the resources or time available to themselves to acquire it. Consider, for example: where did the milk from your fridge come from? who shipped it to the grocery store? how much did the farmer get paid? how much waste does cow -> milk process produce? all of those could be or are pertinent questions to some people, and are not trivial to determine. Now extrapolate that out to everything you buy. In most cases, we only have the information we do have because of government intervention.

For the second, humans do not act 100% rationally when making purchases. There's a fantastic book on it. One of the examples that works very well here was the way humans respond to "free". In a study, they gave out Amazon gift cards: a $10 gift card for $1, or a $20 gift card for $8 (limit 1 choice), most people chose the latter, as that has the maximum benefit to the purchaser ($9 of benefit vs $12). After lowering the price on each by $1, most people took the former, even though the latter offered a greater value -- a net gain of $13 instead of $10.

Pure capitalism is like pure communism: sure, it sounds great on paper, but in practice it's impossible to attain and significantly more flawed than a hybrid system.

u/GOD_Over_Djinn · 5 pointsr/Economics

Out of all of those, which would you say are frequently underrepresented in MSM? It seems like the first one is pretty readily parroted by everyone as though it is some grand indictment of supply and demand (it's not) -- try googling the phrase "perfectly competitive markets don't exist". Freakonomics did a pretty good job of popularizing the idea of externalities. Books like Nudge and Predictably Irrational have done a pretty good job of popularizing the recent ideas of behavioural economics. And what to do about natural monopolies (or what even constitutes a natural monopoly, in the real world) is still very much a matter of debate; it's not like there's a definitive answer to that.

u/wingzeromkii · 5 pointsr/Android

If you find this interesting, you might want to check out his book, Predictably Irrational. It's full of interesting examples like this where your mind works in ways that you might not expect.

u/Kellivision · 5 pointsr/infj

Recommended Reading:

u/not-a-jerk · 5 pointsr/psychology

Obviously everyone has their favourites. My primary areas of research are cognitive bias and relational psychology, so I'd recommend starting with:

Cognitive Bias

  • Stumbling on Happiness (book)
  • Predictably Irrational (book)

    Relational Psychology

  • Close Encounters (book)
  • Science of Relationships (website)
  • Not A Jerk (blog, not exclusively psych)


  • Harry Potter and the Methods of Rationality (free ebook)
  • Less Wrong (website)

    For maximum enjoyment, I'd suggest Stumbling on Happiness or Methods of Rationality, they're both very well written and entertaining reads.

    Finally, if you start looking up references and papers (and if you're interested in this, you will), then grab a copy of zotero. A good citation manager is an absolute joy.

    Disclosure: I'm a member of the International Association for Relationship Research, which is responsible for the Science of Relationships. I'm the primary author for Not A Jerk. Links to Amazon include my affiliate ID.
u/cargo54 · 5 pointsr/personalfinance

read this. pick it up at your library or buy it I'm in the same situation and it explains everything you need to know about budgeting, savings, retirement you'll need

u/BPhair · 5 pointsr/IWantToLearn

Spend $10 on a copy of I Will Teach You to Be Rich. The title is mostly a joke, but it offers very good, practical advice for anyone but particularly those in their early twenties.

u/__nev__ · 5 pointsr/FinancialPlanning

I came back to the top after writing this because I know I sound like a dick. I know I'm not gentle. I know sound insanely critical and presumptuous about your life. I don't mean to be, I just don't know how else to write this and still get the message across.

> I want to ensure I have enough savings to buy a house once I leave university in 2/3 years

I don't like starting out on this note, but someone's gotta say it. Taking out a mortgage (let alone buying a house) within a year of graduating is not feasible for most who go to college on their own dime.

  • Houses are stupid expensive.
    • A down payment is usually 20% of the sale price.
    • Mortgage rates are stupid high for young people with student loans.
    • Home-owners insurance is stupid expensive.
    • Property taxes are stupid expensive.
    • Maintenance costs are stupid expensive.
    • Missing a mortgage payment could easily result in foreclosure.
      • New grads are high risk. It's extremely likely any lender who gives you a mortgage can foreclose the second you miss a mortgage payment.
    • Dropping a large portion of your net worth on an investment you are extremely likely to lose is not smart financial planning.

  • You have very little income.
    • You'll be an entry-level candidate with (presumably) an entry-level salary.
    • Using student loans to pay for a down payment on a mortgage is not smart financial planning.

      I draw attention to the house quote because it's symptomatic of a real problem everyone faces: Understanding how their finances align with their goals. But that's why you're here, and I haven't forgotten to answer that part of your question.

      You need to build a budget and track your spending before getting in too deep. Some points:

  • Read I Will Teach You to Be Rich by Ramit Sethi and I'm a big fan. It's $6.99. I know the title is absolute shit, but it will teach you how to handle and track your money. "To know thyself..." and all that crap. The rest of my bullets are all covered in that book too.

  • Use Mint and make a budget in Excel or google sheets. The first month, just track spending. You can set goals, but the key is to see your behavior from a bird's eye view so you know what to change.

  • Change your lifestyle gradually.
    • I'm a foodie too, but you really should learn too cook at home. Here's my 2-week meal plan. Where I'm from, it's about $120 for 17-21 days of food. Spending $500+/mo on food is obscene. Cut that figure down.
    • Study at the library. Don't go to coffee shops or other commercial establishments where you need to buy a drink. That $2 adds up over time.
    • Cultivate hobbies in your downtime. Some people eat when they're bored. Personally, I spend money when I'm bored. That's advice I've never read in a book, but has helped me tremendously.
    • Do this all slowly. If you make drastic cuts, you're less likely to keep to your spending goals.

  • Set reasonable goals.

    • Start with an emergency fund. There's a big difference between a person with $500 saved and a person with $5,000 saved.
    • For most, taking out a loan on a car is a more feasible and realistic goal before getting a house. You'll need it to travel to interviews, drive to and from internships, and it'll give you more freedom when deciding where to live around uni. That said, postpone it as long as possible. The cost is only worth it when the benefits are really high.

  • Keep up or lurk with us on /r/Frugal, /r/budgetfood, /r/freebies, /r/coupons, and /r/personalfinance.
u/twocoffeespoons · 5 pointsr/personalfinance

I make about the same as you, only I've been in the situation for a year longer, and I definitely shared the same anxieties about my adult financial life as you.

Two pieces of advice: First - Read I Will Teach You To Be Rich. You can find the PDF online for free somewhere. Don't worry, it's not one of those sleazy get rich quick books. Instead it's a very level headed go-to guide to set up your financial life. It's been a huge help. Listen to the part about setting up a second savings account that automatically deducts a small amount ($50-$100) of money from every paycheck. It's an idiot-proof painless way to save.

Second, you're still young. Sometimes on this board it's easy to forget that twenty-something's with six figure savings accounts aren't exactly common in the real world. Don't forget to stay calm and try to have some fun. I went through a period of penny pinching every expense. All of my friends were buying nice clothes or going on trips to the beach while I sat in my apartment eating Ramen. As you get older the chances to ride off to the beach with friends or rage at the best music festivals become fewer and far between. Don't forget to enjoy yourself.

u/satoshiscrazyuncle · 5 pointsr/btc

It's a metaphor, an old one, more recently redefined in Nassim Taleb's book.

u/TheMacroEvent · 4 pointsr/Economics

This isn't exactly a novel criticism. Thomas Piketty stresses in Capital in the Twenty-First Century that economists have gone too far with mathematical models and more qualitative assessments should be used in developing models.

u/bobbyhead · 4 pointsr/booksuggestions

The Black Swan, by Nassim Taleb

Catching the Big Fish, by David Lynch

A note on the second choice. I know it's not standard non-fiction fare, but I'm a huge Lynch fan and I really enjoy this book. It's short and I think reading it would benefit anyone. He was an Eagle Scout for Christ's sake!

u/jenninsea · 4 pointsr/BitcoinMarkets

For candles I really like the overview on Incredible Charts.

Investopedia is a great resource for pretty much anything related to trading. Many people also recommend BabyPips for learning the basics.

I don't have any books recs from personal experience, though I see Random Walk Down Wall Street and The Black Swan recommended around here often.

Trying stuff out on a chart yourself is often the best teacher. Check out for basic tools and for more advanced stuff.

Good luck!

u/Phiwise_ · 4 pointsr/Steam

>Also just to be fair, look at where this hero-based FPS style got Quake into, there is a reason why Blizzard made the most successful game in the genre, while others suffer from lack of development and direction.

Overwatch and Quake are NOT in the same genre. AT ALL. Overwatch is just as much an arena shooter as, say, Counter-Strike or Call of Duty are; which is to say not at all. You're making the same mistake everyone else is making in starting with incredibly superficial aspects of each game, namely that they have classes, and creating "genres" based on that rather than the actually significant gameplay differences between them (And they must be based on gameplay, since none of these games have any significant story elements in their actual runtime).

Overwatch is so far removed from traditional objective shooters, namely in how efficient use of abilities plays a much larger role in success than raw shooting skill than in virtually any other first person objective game that comes to mind. A large number of the classes don't even require any "FPS" skills, and instead have analogues in asymmetric strategy games and the like.

Quake Champions may be small, yes, but it IS attracting more people than just the quake crowd. On a technical level, it's an excellent blend between an archetypal arena shooter, the sort of game design Quake invented, while reducing complexity and convolution to make it much more approachable for those with more modern shooter habits. Lawbreakers, too, hardly suffers from any "lack of direction" in the design department. It's packed to the brim with great ideas and unique takes on the "high-skill FPS" concept, and had my jaw hitting the floor with respect for its elegant gameplay several times when I started playing it.

Success has far more to do with randomness and luck than most people in this thread seem willing to admit. Quake, Overwatch, and Lawbreakers AREN'T significantly better or worse than each other. No hypothetical backfit narrative properly explains why one would have hypothetically failed or succeeded without luck. We just live in a works where the big take the whole pie and the small get nothing; in a world of bandwagoning and herd mentality caused by popularity coming from whatever just happens to gain traction early on in its lifetime.

I bought in relatively early to all of these games because I'm a shooter fan and a nut for unique game design ideas. I will admit that I like Quake the most, Lawberakers second, and Ovwerwatch third, so I do have a little voice in the back of my head that gets irritated whenever others disagree with that assessment, but we all need to learn to come away form making simple judgements between them and other games in the same boat. All of them break the mould in different and unique ways, all of them have good ideas, and all of them could have been popular, in a world where luck happened to favor someone else.

u/art36 · 4 pointsr/indieheads

The volatility in the marketplace has been fairly predicted in the previous months. Interest rates rose from the Fed, temporary trading restrictions overseas in China had been lifted, oil prices are plunging, etc. In general, sticking with an index like the S&P is a sound investment for longterm growth and sustainability.

I work in finance, and one of the very best books on investment is hands down A Random Walk Down Wall Street. I highly recommend it. I also recommend The Black Swan and The Misbehavior of Markets.

u/aust1nz · 4 pointsr/personalfinance

I really liked the ideas presented in the beginning of the book (improbable events have big effects on our lives, but we have a hard time recognizing that) but got totally lost in a set of made-up examples that weren't clearly presented as fictional.

If you want to get a good insight into similar ideas, I'd recommend Thinking, Fast and Slow.

u/eagreeyes · 4 pointsr/books

Check out The Black Swan if you're looking for books in that same vein.

u/lawstudent2 · 4 pointsr/Entrepreneur

> Hi--I am considering law school and want to focus my studies on LLCs, Corporations, wealth and liability protection, etc...

You are an undergrad? If you want to be a lawyer, study an actual applied topic, now, while you can - and that means not government or english. Economics, computer science, any natural science, most social sciences, history, anthropology. Law is a tool set that without historical context, knowledge of the world at large, horse sense and business savvy is almost completely useless. So unless you are learning actual things, law school isn't going to teach them to you. If you are already out of college, it is not too late. You just have to teach yourself.

I'm exceedingly lucky to have the job I have. And I would not recommend entering this law job market. And one of the primary reasons I actually got this position is before even entering law school I had pretty deep knowledge about the types of business I cared about - I had a background in software and a very high level of financial sophistication for an early twenty something.

If you really want to go to law school, I have to say, it is not a very good investment unless you get in to a t14, get offered a near complete scholarship, have a very unique angle into an industry that you have a pre-existing matching skill set for and the passion to match, or a combination of all of the above. If you are lacking all three of the above, your money and time is far, far, far better spent doing other things.

And if you really want to learn about:

> Corporations, wealth and liability protection, etc...

You won't learn a damn lick of it in law school. You will learn the casebook method. And you will learn all about regulations, formalities, and a whole bunch of shit. But if you are interested in business strategy, which is what it sounds like you are, you can start learning about that now. Start by reading non-fiction business books. And I don't mean bullshit strategy, management or advice books. Use those for kindling. I mean read books about actual businesses, written by serious investigative journalists and businessmen. Here's a short list to get you started:

  • Business Adventures. Bill Gates' favorite business book. 'Nuff said.

  • Liar's Poker, The Big Short and Flash Boys, by Michael Lewis. You will get a real crash course in wall street.

  • When Genius Failed. The story of Long Term Capital Management, the first catastrophic failure of a major hedge fund, that nearly imperiled the world economy.

  • Conspiracy of Fools / The Smartest Guys in the Room. About Enron. Insane. Completely fucking insane. Learn what they did. Learn why it was wrong. Don't do it.

  • Black Swan. About the most recent crash. If between Taleb and Lewis you have any faith left in the wisdom of wall street, I have a bridge to sell you.

    Just get started, and keep reading. Read about real world businesses - don't read guidebooks about how to do X. See what is in the world and go read it. Are there publicly traded companies that you find interesting? Log on to Edgar and read their public filings. They tell you every goddamn detail of how the business is run, the strategy, the risks they face and how they choose to mitigate them.

    Once you get started on this stuff, you will be drawn in and be able to keep up your own research paths. Follow the people on twitter that you find interesting - a lot of VCs are very vocal. Many publish reading lists. Look them up.

    But for the love of god, don't think law school will teach you any of this. Corporate law, securities law and corporate finance will teach you the technicalities of all sorts of bullshit you will likely never apply, and, if you do, you will be as good at it as you would be at basketball after having spent three years studying the rules without ever having touched a ball.

    Good luck, dotcomrade.
u/BigglesB · 4 pointsr/LibDem

I think:

  1. Different messages appeal to different people.
  2. Cool-headed arguments will appeal to some voters, but emotionally engaging & snappy communication will appeal to others more strongly.
  3. You're right that we need to be careful to ensure that any messages we make can't backfire now or in the future.

    In particular, I'd encourage you to read a book called "Thinking Fast and Slow" by Nobel-prize-winning-psychologist Daniel Kahneman. In it he goes into great depth about the way that our brains often substitute difficult decisions (like "who should I vote for") subconsciously with easier ones (like "who do I have a better general impression of") and I feel that's the playground we should be operating in.
u/brikis98 · 4 pointsr/programming

Supply and demand works if we are perfectly rational actors. But there is considerable evidence that we're not: see Predictably Irrational and Thinking, Fast and Slow. Salary in particular is known for irrational behavior. See the discussion of motivation in Drive or the short version in Daniel Pink's TED talk. Programmers are already fairly well paid and while I would certainly love to be paid more, I'm not convinced that alone would significantly increase the supply of developers.

The evidence for the talent gap is both anecdotal--every company I've worked at and many others I've interacted with complained extensively about lack of good developers--and some limited data (example 1, example 2), though it's not clear how to properly measure something like this.

Finally, I'm not sure that merely having 10x skill is enough to guarantee 10x pay. Perhaps in a perfect market with perfect knowledge and perfectly rational actors, it might be, but that's not how the real world works. You need not only 10x skill at your job, but also at turning that into money, which may be a completely different set of talents. For example, a 10x writer might make less money than an average writer if that average writer had their book turned into a popular teen movie. Similarly, the way for a programmer to make 10x the money is usually not to focus on salary (although there were some stories of Google and FB offering millions to retain some developers), but equity. And there, an exec-level programmer can get 10x the equity of a normal dev, though there is obviously a lot of luck as to whether the equity ends up paying off.

u/bserum · 4 pointsr/NeutralPolitics

My political opposition isn't along a left/right axis but people who are dogmatic in their thinking. Left, right, middle; I don't care so long as you can recognize and temper your own biases. (I'm such a "neutron.")

Therefore, I like You Are Not So Smart by David McRaney. It's written (appropriately) for the general audience and is affably conversational in tone.

If they're hungry for more, the next book would be Thinking, Fast and Slow by Daniel Kahneman for the way it breaks down fast and slow systems of thinking.

Either book should be part of a Neutral Politics recommended reading.

u/divsky · 4 pointsr/cringepics

It's an interesting question and I think for a lot of people they can just take a glance at it and "know". As unscientific as it sounds, it can be more accurate than you think. There's a book called Thinking Fast and Slow by Daniel Kahneman that explains this phenomenon quite well.

u/tiddlywinksnfinks · 4 pointsr/askpsychology

This isn't exactly what you are asking, but a good psychology-related book that is written for the layman would be Daniel Kahneman's Thinking Fast and Slow

It is an interesting read that provides a lot of information about thinking.

u/Timwi · 4 pointsr/WDP

I'm by no means a neuroscientist, but Veritasium made an interesting video based on the popular science book Thinking fast and slow by Daniel Kahneman.

u/Reddit4Play · 4 pointsr/truegaming

> I've noticed the dotalikes(let's call the genre that for the sake of neutrality) get a lot of hate outside this sub.

I have three theories.

The first theory is that the opinion of the majority is not the same as the opinion of the overly visible gaming literati. I know that this is a fact based on smaller gaming genres, like tabletop roleplaying games, where recently a relatively popular thread indicated that too many people were talking about games like Fate and Dungeon World. Many people agreed.

However, looking at large community surveys and statistics released by the most popular online place to play tabletop roleplaying games we see that Fate only represents 1.65% of games and only 4.30% of all players are in those games, while Dungeon World only represents 1.84% of games with 4.55% of all players in Dungeon World games in the latter source (more comprehensive) and 4% of respondents playing Dungeon World and 5% of non-fantasy setting players and 4% of fantasy setting players playing Fate in the former source.

In other words, a lot of people really thought everyone was devoting way too much time to two games whose market shares are each less than 5%. Meanwhile, the two largest games - D&D and Pathfinder - combined are well over 50% market share.

This leads us to a probable analogous conclusion: the MOBA-haters are much louder online than simple demographics would suggest. This gels with most of what we know about online product reviews generally: only those who really hate or really love a product are likely to take the time out of their day to write up how much they love/hate the product, which leads to a polarization of online viewpoints.

Theory two is an extension, in some respects, of theory one: because MOBAs are so incredibly popular, while their proportion of haters remains about the same as most games (except for the addition of some hipsters who always hate popular things), their absolute number of haters is astronomically high.

Let's imagine for a minute that 1% of all people who play or hear about a game are driven to hate it online. A game with few players, like /r/totalwar of the Total War series, has persistent but relatively isolated griping as a result. If 1% of their subs complain about the game regularly, that would make for ~350 people: a significant portion in the Total War subreddit, where you would notice complaining on account of our earlier-established "haters are loud" theory above, but not a significant enough number to seriously bleed across to other more general subreddits.

In contrast, if 1% of /r/leagueoflegends, the League of Legends subreddit, complained about League, then that makes for 6,500 people. If "the 1% of League subscribers that complain about League" was a subreddit, it would be in the top 3200.

Other extremely popular games, like Call of Duty, seem to act in evidence of this theory: they receive a huge absolute degree of hate.

Theory three is that there is something about MOBAs that leads to direct competition and animosity. MOBAs are notoriously hardcore competitive games, being not just the most popular video games on earth, but also the ones with the largest tournaments. The two largest ones are also notoriously nearly identical.

We know that the brain tends to cook facts to retrospectively justify its choices, focusing on the benefits of your choice while downplaying the detriments, especially when that choice is largely irreversible and largely important (for more about how people react to making choices see Daniel Gilbert Stumbling on Happiness and Barry Schwartz The Paradox of Choice). MOBAs, by being so competitive, are naturally time intensive, especially among the gaming literati who tend to discuss games online and be part of the core gamer demographic. This makes the decision to play, say, League of Legends rather than DotA 2 subject to a host of natural heuristics that lead us to become "stuck" with our choice: the sunken cost heuristic, for instance. (For more about decision making heuristics see Daniel Kahneman Thinking, Fast and Slow).

When you combine these effects, you get a set of people who are:

  • More likely than others to talk about their experiences, good or bad, online.

  • While perhaps not disproportionate compared to the haters in other games, so large in absolute number that they bleed into more general discussions easily.

  • "Stuck" with their choice of MOBA, which leads to them biasing to facts in favor of their decision and against facts detrimental to their decision.

  • Often playing one of two nearly identical games, which leads to vaguer, more overly-specific reasoning for why one is better than the other (which makes the reasoning particularly difficult to refute, as it is more opinion than factually driven). This reasoning is nonetheless biased, per the previous point, which leads to disagreements that are difficult to resolve.

    Combined, I believe these three theories lead to this demographic, described above, displaying what appears to be a larger-than-normal degree of hate online.
u/oishiiiii · 4 pointsr/smallbusiness

I've read a lot of business books in the past year. These include:

7 Habits of Highly Effective People

Rich Dad Poor Dad

Think and Grow Rich

How to Win Friends & Influence People

Secrets of Closing the Sale

How to Master the Art of Selling

The E-Myth Revisited

The Compound Effect

The Slight Edge

The $100 Startup

The Toilet Paper Entrepreneur

I have 4HWW waiting to be read, in addition to about 15 other books that are sitting there, waiting to be read.

The $100 Startup is very inspiring, especially for people who have no chance at securing a "normal" job (I dropped out of college). The Toilet Paper Entrepreneur is also very informative. But out of this list, by far, my two favorite books are The Compound Effect and The Slight Edge. #1 going to The Slight Edge. Read this book. Maybe it won't apply to everyone as much as it did to me, but it totally changed my attitude towards life.

u/ParkwayKing · 4 pointsr/financialindependence

Without knowing more about your current financial situation (current net income and net worth, goal net worth and net passive income), it is hard to comment on what may be the strongest investing strategies for you.

If I assume you have basically nothing (no assets and no debt), then for you to be financially free in 10 years (lets say 2M net worth, 75K passive net income/yr) will almost certainly require you to either have a VERY high income and savings rate from now until your goal age or to build something of significant value you can sell to fund your freedom. I suppose you could speculate a bunch in the market and wind up winning big, but the prevailing opinion is that you might as well go to Vegas and put it all on black if that is your overarching strategy.

My opinion, is that if you want to achieve financial freedom by 30 (and are starting from nothing today), than you are best off building a business and spending your time increasing its value. This is not a path for the faint of heart, and a lot of people who try quickly find out they are not up, but if you want to get out of the rat race in such a short time span it may be a good option. Maybe check out this book. I have found it useful, and it does a decent job explaining why systems development is key to the success of most businesses.

Real estate may also be a good avenue for you to look into as well. If you do go that route, understand that the majority of your profit on a real estate investment will be based on buying heavily undervalued assets. Finding motivated sellers is essential (people moving right away, kids squabbling over their dead parents house etc.) and you need to be extremely conservative when analyzing potential buys. Also, property management is very demanding and more complex that it may appear so be prepared for that.

Good luck!

u/pickup_sticks · 4 pointsr/intj

> Your job now owns you.

In the short term, yes. But it doesn't have to be that way for the long term. And by short term I mean a couple of years, not 10 or 20.

Compare it to a professional athlete, who trains like hell even in the offseason. They only have a short window of opportunity to excel, so the sacrifice is worth it if it pays off (granted, it doesn't always).

There are tons of books and web sites about how not to fall into the self-employee trap. One that comes to mind is The E-Myth though it's probably a little out of date.

There are jobs, and there is work. I get fulfillment from my work, but it took me a while to figure out what exactly fulfills me. I know that I need to work the rest of my life. Retiring and hitting the golf course every day would make me suicidal.

u/dlp211 · 4 pointsr/rutgers

I had an internship with Amazon during my Sophomore to Junior summer. I also received offers from Microsoft and Google to intern this upcoming summer (Junior to Senior), but instead took an offer from Fog Creek Software. I have friends that have interned or are full time at Microsoft, Google, and Amazon, all from Rutgers University.

My advice is to anyone looking to get one of these positions is:

  1. Start early, companies have only so many positions, and once they are taken, they stop looking. Generally this means you need to apply by November.

  2. Data Structures and Algorithms, know them inside and out, know their complexity, know how to implement them, know their tradeoffs, and know when to use them. A great book for someone who has never done any data structure stuff is Data Structures and Algorithms in Java. I took CS111 and read this book and was able to get through the Amazon interview.

  3. Read and do the exercises in Cracking the Coding Interview. Also use the author's resume template for making your resume.

  4. Interview every chance you get. Seriously, I interviewed at about 15 places before I interviewed with Amazon, by the time that I got to the Amazon interview, I was fairly comfortable with the process. I was still nervous about the interview, but I knew generally what to expect and didn't get hung up on their curveball questions.

  5. Pick a single club, whether it be IEEE, USACS, RUMad, etc. and be deeply involved with it. You can be a member of more than one, but you should be really involved with one.

  6. Pick a language and know it. You aren't going to lose points because you don't know Python, or Ruby, or whatever else is the hot language this month. Java, C, C++, you should know one of these languages, and preferably two, C and then either Java or C++.

  7. And finally, the only way to really know a programming language is to use it, so program, program, program, and then program some more. While you're doing all this programming, you should take a few minutes out of your day to learn about source control (git or git, there are no other options :) ). Then put the cool stuff you make on github or some other source control website.

    This may seem like a lot because well frankly it is. But if you actually enjoy programming and computer science, than this is pretty straight forward and easy. And finally, don't get discouraged. Just because you didn't make it into one of these companies the first time you apply, doesn't mean you'll never make it. Some people don't interview well(it is its own skill, hence #4), some people just can't build out a good resume(seriously use the template that I provided and read cracking the coding interview from front to back), and other people just aren't ready(you really need to program a lot). But that doesn't mean that you will never make it with them, just give it another year, identify your weakness, and work on it.
u/pewpsewp · 4 pointsr/learnprogramming

I really like this book for brushing up on concepts for interviews.

u/mmmarvin · 4 pointsr/cscareerquestions

I remember reading a study where researchers found that people who were smart generally felt that they were dumb and people who were dumb, generally overestimated their intelligence. So I thought that's something you should maybe think about since you mentioned that you think you're not a smart guy. With that said, I think you should go for it for sure and I think that with enough preparation and planning, you can increase your chances of getting an offer from Google. And if you don't get it the first time, you should try again. I've read that some got in on the 2nd or 3rd try.

Your plan looks sound. I would recommend focusing on a specific language though instead of focusing on functional programming, C, JavaScript (unless you plan on doing front-end work, I don't think JavaScript would be useful in this situation). Java is one of the widely used languages at Google.

Buy Cracking the Coding Interview. It's such a useful book. The material it goes over isn't very in-depth, so don't expect to use it as a way to learn about various algorithms and computer science concepts. Rather, solve the problems in the book. The problems are of varying levels, some easy while some may really challenge you. You will feel really dumb trying to solve some of these problems, but spend as much time as necessary and try to come up with a solution that you then refine. You may not come up with the optimal decision on the first try.

Solve problems on CareerCup. From what I understand, some of the questions on there are actual Google interview questions.

Make sure you have a thorough understanding and know how to implement basic data structures such as Linked Lists Hashtables, Trees, Binary Trees, N-ary trees, Graphs and Di-Graphs. Know how to perform breadth-first search, depth-first search on both trees and graphs. Know post-order, pre-order and in-order tree traversal. There's more but that's what I remember off the top of my head.

The last interview of the on-site interview will be about system design and it requires a more general architecture knowledge (HTTP, SSL, compression, network latency, disk latency, etc...).

Search for blogposts of people who've interviewed at Google. There are like a dozen or more of them. They give you a good overview of the process and some even contain questions.

Best of luck!

Edit: I forgot to mention the Big-O notation. It's important and every interviewer will ask you for the time complexity of the algorithm you just implemented.

u/ihavecsquestions · 4 pointsr/androiddev

To expand on the above, I would say that you definitely need to learn DS&A before you can get a job. I got lucky getting my first job because they didn't ask me any algorithms questions but trying to find a job is next to impossible if you can't answer their questions on a whiteboard.

Also, practice coding on a whiteboard/paper. I cannot stress this enough. It's amazing how many things you think you know but you realize that your IDE fixes for you/reminds you of. Simple, simple things that make you look completely silly if you don't know them during interviews. Plus, it's just a different process.

It's also quite nerve-wracking to stand in front of a white board and have people watching you write it's easy for nerves to get in the way as well...

Also, get this book:

There are plenty of other books out there as well...

Good luck!

u/iamcitizen · 4 pointsr/AskReddit

Might as well get this one out of the way --> Manufacturing Consent: The Political Economy of the Mass Media

u/ciaphas22 · 4 pointsr/HistoryPorn

Force is less effective than using more subtle means to control the narrative. See Manufacturing Consent

u/pala4833 · 4 pointsr/Amsterdam

So then the video is meaningless. Great.

My statistics 101 course started with the book "How to Lie with Statistics". This would be an excellent case study.

u/Cpt_Syk · 4 pointsr/india

> The new index, proposed by the Rajan committee, is based on averages of ten sub-components

So an IIT and MIT graduate came up with new index to rank states where 1/6 of the humanity resides with varied demographics and index he comes up with is average of 10 unrelated sub-components. Seriously, Raghuram. You are effing RBI governor. I hope you know more mathematics then grade 3 kids.

I don't even need to go out of my way to see the flaw in his index. Just ask any graduate student who has published a paper in peer reviewed conference/journal.

ps -

I'll just leave it here if anyone is interested. It's humours,informative, very accessible light read on how statistics is misused by reporters and investigators to further their own agenda.

u/postslongcomments · 4 pointsr/news

It depends on what you're using the data for. Both might seem to measure the same thing, but they don't. I went with a "per capita spending" as it points to consumer spending patterns. Plus, I'd guess that the data is much easier to find than something like "drinks consumed per year." Also, since the OP discusses sales I felt it "relevant" in this context. You're looking at it from a "alcohol consumed" standpoint, my method would look at it from a "money spent on alcohol" standpoint. Both are equally valuable and equally useless - depending on how you use the data. Since I'm a data nerd, I'll share my take on it and try to break it down further.

Let's say you go by per capita consumption (what you're describing). With that data, your goal might be to see how many drinks the average American consumes. That data might be valuable for someone in health services - possibly to suggest physical/mental health concerns regarding alcohol consumption. IE, has the rate of alcoholism increased and in what age group (age, socio-economic). Personally, I think it'd be a far more interesting data-set to look at, as the gap between drinks consumed by casual drinkers and alcoholics would probably be quite large. For instance: low cost, high alcohol content products like Steel Reserve, Wild Rose, and Mad Dog 20/20 - ie your homeless/alcoholic products - and plastic bottle liquor would be more heavily weighted while $200 bottles of wine would be considered only a few drinks. Meaning, $15 of MD 20/20 would be more "per capita consumption" than a $200 bottle of wine. Good data for those in health.

If you go by sales per capita, you're moreso looking at something that is valuable from a capitalist/marketing perspective. Basically, you're trying to answer what percentage of income the average American spends on alcohol. It'd be more valuable for businesses trying to determine pricing strategies. Cheap beers/bum wines/plastic bottle liquors would be less impactful as they're cheap. On the other hand, quality wines, craft beers, and other "luxury" wines would be more telling of your more middle-class purchases. I can see this being valuable for businesses determining which markets to target, legislators trying to add alcohol taxes, or even grocery stores determining whether or not to get their liquor sales license.

That's a perfect example of why I love data and the discussion of "how to lie with statistics".. I don't have enough familiarity with the trends on this topic so I don't want to make any erroneous assumptions, but let's talk hypothetically. Let's assume alcohol sales are on the rise, drinks consumed per capita is stagnant, and drunk driving deaths are falling. As I said, I don't want to make assumptions here, so assume that's all hypothetical. An organization like MADD (Mothers Against Drunk Driving) might site sales increases as "evidence that drinking is a problem and on the rise." Is it actually or is it just using a single metric that contradicts more valuable/specific information? In that scenario, to me it'd reveal that consumers are shifting purchasing habits to middle-priced alcohol and getting less drunk. Once again, I am not promoting a political narrative or accusing them of doing that. I just chose a random acronym people are familiar with.

On the other side of the hypothetical, let's assume alcohol sales are falling, but per capita consumption is significantly rising. Legislators might use sales figures to argue that alcoholism isn't as big of a concern anymore and thus we should cut treatment spending - when in actuality per capita consumption up and the reason sales are down is due to a recession. Once again, great example of lying with statistics.

u/gmarceau · 4 pointsr/science
u/JoeBobson · 4 pointsr/books

I think you have the right strategy with "something for the grandkids." But there is more you can do.

Fallacies and Pitfalls of Language is best posed as a "Hey, you want to know how to catch these lying bastards? Here's how." If he's at all cantankerous, this is the ideal book to fuel that. Once the logical fallacies he confronts daily have labels, it's easier to dispense with them. It's a much more engaging and practical approach than an introduction to formal logic or going for Greek philosophy.

It's an easy work to build on. How to Lie with Statistics is in the same vein if he really likes the format and wants more. If he only digs it, I'd start him on something like Sagan's "Demon-Haunted World" which takes a skeptical, and critical approach to demons, aliens, angels, psychics, and that sort of thing. It's engaging, hopeful, and interesting, and forces us to confront the silliness pandered on the History channel these days.

u/Raju_KS · 4 pointsr/Atlanta

One of my favorite books is How to Lie with Statistics. I think you would like it:

u/lacywing · 4 pointsr/financialindependence

There are lies, damned lies, and statistics.

How to Lie with Statistics

u/proggR · 4 pointsr/politics

Yup. These guys aren't real Christians. This is their real bible

u/b_alliterate · 4 pointsr/politics

Oh man. I'm saving a copy of that graph. That's How to Lie with Statistics 101.

u/sukeroku · 4 pointsr/funny

I recommend the book:

to understand more about human nature and how our perceptions mold our realities. We all need to understand the other side's perceptions and how they see things in order to understand how to persuade them.

u/hitssquad · 4 pointsr/RealTesla

The power of free has nothing to do with rationality. Read Predictably Irrational.

u/Schutzwall · 4 pointsr/neoliberal

It's wholesome to spend Valentines Day with my crush

u/Cragsicles · 4 pointsr/AskSocialScience

I'm glad you've become interested in such a fascinating topic. However, it's pretty expansive, so here are some links to books and topics in terms of broad, global, and more specific studies related to the issue of income equality:

Broad Topic/Global:

u/race_kerfuffle · 4 pointsr/startups

You should read The Lean Startup by Eric Ries before you waste your money.

Edit: Also I have no idea what an app developing calculator is and there's no way it's correct.

u/usernamesospetto · 4 pointsr/italy

Ciao, libero professionista nel giro delle startup da circa 6 anni qui, in ambito marketing digitale. Per esperienza diretta ti dico di diffidare dal 100% delle persone che orbitano attorno al così detto startup show business. Tutti quelli che sono in questa bolla sono dei fuffari con la passione per il raggiro. Stai lontano dai premi, stai lontano dagli aperitivi di networking, stai lontanissimo dai programmi tv e da tutti gli eventi fuffa del settore. Se vedi qualcuno che ti vuole vendere un corso online offendilo, anche pesantemente, lui saprà il perché. Detto questo ti posso consigliare questo:
Leggi. Leggi soprattutto in inglese. Ti dico che un buon punto di partenza è questo post qui. Poi ti consiglio qualche libro su lean startup tipo questo, questo e soprattutto questo. Poi ti servirà qualcosa per il business plan. Su questa materia ho letto solo un libro che parla di casi di studio e non te lo consiglio (una versione di questo qui), ti conviene leggere qualcosa di più accademico prima per capire come sono fatti questi documenti. In più ti servirà qualcosa di tecnico sul settore in cui operi. Ci sono decine di libri per ogni settore, basta cercare.
Fai. Inizia da quello che puoi fare: puoi iniziare da qualche schermata dell'app se il tuo modello di business ne prevede una, dal documento di analisi funzionale, dal business plan, da una demo del prodotto fisico che può essere commercializzata: insomma inizia a fare qualcosa che sia connesso al tuo modello di business. Scarta l'ipotesi sito web con annessa presentazione di qualcosa che non esiste: lo fanno tutti ed è quello che insegnano a fare nei corsi di fuffa. Prima fai qualcosa e poi dopo lo presenti. Questo fatto che le cose prima si fanno e poi si dicono ricordatelo sempre: il settore è pieno di gente che dice "facciamo, implementiamo, vendiamo" e intende "faremo, implementeremo e venderemo".
Costruisci un team. Parla del tuo progetto con qualcuno, inizia a stabilire relazioni. Se hai un profilo tecnico trovati uno che sa vendere, se sai vendere trovati qualcuno che programmi. Se non sai vendere o programmare trovati uno che ha tanti soldi. Ricordati: per fare una startup hai bisogno di un team perché non potrai mai fare tutto da solo. Ricorda: sono le persone che fanno le imprese e la componente umana nei gruppi di lavoro sotto la decina di unità è fondamentale. Non prendere a bordo parenti, non prendere persone tossiche, non prendere amici, non prendere il primo che passa. Una buona idea è partire da colleghi o, ancora meglio, ex colleghi.


u/GrahamAndDoddsville · 4 pointsr/investing

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)

u/HonorAmongSteves · 4 pointsr/personalfinance

Investing is a marathon, not a sprint. I'd recommend you read The Intelligent Investor before making any purchases.

u/DirectorCurator · 4 pointsr/financialindependence

How deep down the rabbit hole do you want to go? Buffett himself would recommend you index. But, if you must, start with Ben Graham and move on to learning accounting and then start with Buffett's annual letters.

u/pangolin44 · 4 pointsr/investing

Here's the recommended reading list on this subreddit's sidebar.

I personally started off with Peter Lynch's One Up on Wall Street. It's a good book for beginners to help you start thinking about stocks analytically. Regardless of what you start off with though, definitely follow it up with The Intelligent Investor. That is a fundamental book with some big concepts in there such as "Mr. Market" and "Margin of Safety"... but it's not an easy read until you have some foundation first.

u/eigenman · 4 pointsr/StockMarket

The Intelligent Investor by Benjamin Graham is a must.

I also have a PDF copy of Margin of Safety by Seth Klarman.

u/TOMtheCONSIGLIERE · 4 pointsr/investing

> Or is there something that I am missing.



So if they have more profits next year, and do the same thing, it happens again and again and again and again. The value goes back up, then it gets distributed out to the SHs. So you have your stock (similar price) PLUS income.


I suggest you read this and this.

u/jagershotzz · 4 pointsr/StockMarket

The grandaddy of them all is "The Intelligent Investor" Benjamin Graham. "By far the best book on investing ever written." --Warren Bufett

u/Redebidet · 4 pointsr/investing

If you are looking for forecasts, you will probably read a bunch of investing news sites. They all have forecasts for pretty much everything under the sun, and you will pretty much filter out anything that doesn't say what you want to hear. Don't put much stock into forecasts.

Do yourself a favor and read The Intelligent Investor. It sounds like you're looking to make some quick bucks on some money you don't really need, but that could lead to speculation, not investing, and you could wind up losing a lot more than you think possible.

The book will give you a good idea of how to split your capital between stocks and bonds, and why splitting is a good idea. It will tell you how to evaluate stocks and industries, so when you read about forecasts and what have you, you can actual evaluate what you're being told. It's a good place to start.

If you look to the side bar to the right, there is additional information on how to start out.

u/uselesslogin · 4 pointsr/Bogleheads
u/Dyogenez · 4 pointsr/financialindependence

General Greeting: I'm 34m, engaged, no kids in our plans. Have lived in Orlando for 16 years since college, and have been making websites and working in software engineering since high school. I absolutely love teaching people how to code and lucked into joining Code School (as you would easily discover looking at my post history).

What brought you to /r/fi: After my mom passed away ~11 years ago, I started reading everything I could to understand what to do with the modest inheritance. This led to reading things like The Bogleheads' Guide to Investing, The Millionaire Next Door and eventually MMM which helped refine and shape my view of investing, consumerism and the role of money in my life.

Other hobbies/interests:: I listen to a lot of audiobooks, and challenge myself to read/listen more. Recently started a site ( to write about topics different from my day to day -- minimalism, financial independence and mindfulness. It's been fun having another avenue to write about things that are at the top of my mind, and explore something different from programming. Bunch of other common hobbies - CrossFit, board games, cocktails, eating anything and traveling anywhere.

Picture of yourself if you want: Somehow even though I'm crazy open with personal facts, sharing a photo seems quite intimate. I don't think I've done that before on Reddit, but here goes!.

u/ACDCrocks14 · 4 pointsr/investing

Educate yourself before you start blowing money. Go read a book on investing like Bogelhead's Guide. You won't learn anything of value from blowing money on penny stocks, other than not to blow money on penny stocks. Knowledge is power, but you're seeking it in the wrong places.

u/jbomb6 · 4 pointsr/personalfinance

Boglehead's Guide to Investing this book is an amazing comprehensive guide to financial markets, saving, spending, bonds, taxes, etc etc. It is a collective thought project by 3 very wealthy investors with nothing to gain but to teach everyday people about money. It is very well written, well thought out, and covers a lot but does a great job of explaining it to financially illiterate people. I would definitely suggest giving this book a read or at least, checking out a few chapters.

u/frankreyes · 4 pointsr/argentina

Economía e inversiones son dos cosas muy distintas. Los libros de economía que leí están en ingles y son:

u/Jack_Burton1588 · 4 pointsr/Berserk

Ugh. Ok SJW. I dont feel like entertaining you anymore. Here read this ,


u/captain_gordino · 4 pointsr/Economics

>Automation — long a force in agriculture and manufacturing — is accelerating in the retail sector, a trend that could hamper efforts to bring down the nation's stubbornly high jobless rate.

This is stupid. See: Economics in One Lesson, chapter 7; the curse of machinery. For anyone on this subreddit who doesn't have that book: Amazon.

u/deadalnix · 4 pointsr/btc

I don't think it is bullshit. This is the value of BTC as money, and money only. Bitcoin is also a store of value, a speculative asset, an edge against mainstream assets, etc...

The amount exchanged on exchange do not really matter as they are off chain and very high velocity, so don't contribute to the value of the asset as money.

Even if I assume your $200M is right, then the points still stands, most of BTC's value do not come from it's monetary use.

EDIT: Getting downvoted for reminding basic economics, bravo bravo ! You guys should spend less time on reddit and start reading this:

u/br0hemian · 4 pointsr/torontoraptors

I get painted as a radical in today's backwards world, but anyone who studies economics knows that politically motivated moves like this have no basis in economic reality. You can write whatever laws you want to write, that's not how the value of the dollar is decided. The purchasing power of the dollar adjusts according to its availability - and a number of other factors. Writing a law as simple minded as "you have to pay people more money" takes away from the purchasing power of the dollar. Although probably not the only factor, your rent went up as much as it did largely due to the increase in minimum wage. This is not "corporate greed" it is a functioning economy. It has been done countless times in human history, and yet here we are, actively continuing the bad practice into 2019 and beyond.

I realize this is not the place to get into a huge conversation about this necessarily, so I will stop myself, but if you or anyone is interested in a grounded view on the nature of an economy, I would highly recommend reading Economics in One Lesson by Henry Hazlitt.

u/cryptoglyph · 4 pointsr/boardgames

You need to read this, which you can buy for $0.99 used on Amazon (or probably $10 locally somewhere):

Your arguments do not comport with economics.

u/KurtisKiesel · 4 pointsr/sysadmin

Below is a link to "Time Management for System Administrators" by Limoncelli. Get your boy a copy of it. I have a copy on my shelf that I have highlighted. I sometimes need to read it myself when I start to slide and get a little sloppy.

I had a similar situation when I arrived at my current position. I gave the junior staffer this book. 4 years later he has shaped up and moved on to another gig where his has been working his way up a big corporate tech ladder.

u/rapcat · 4 pointsr/sysadmin

I just finished this book:

Awesome read for anyone who works in IT. The book has some scenarios that I thought were unique to me but apparently are seen by many admins.

u/jspot134 · 4 pointsr/networking

A quick and good read about managing your time. I am also a lone admin and this has helped.

Time Management for System Administrators

u/ITGuytech · 4 pointsr/sysadmin

This book helped me a lot and changed my life I strongly recommend - Time Management for System Administrators

u/BryceKatz · 4 pointsr/sysadmin

A few thoughts. Hopefully at least one of them will be helpful.

  • Learn How to Speak Boss. Stop reading this post and go watch this. Yes, right now. I'll wait.
  • Your job is just a job. They get your time in exchange for a paycheck. They do not get your physical and/or mental health.
  • Work you ass off for 8 hours then GTFO. Do things you love, with people you like, and don't answer the fucking phone or your work email until your return to work the next day.
  • Long weekends are your friend. You have vacation time. Use it and don't even feel bad. Don't think of 10 days as "two weeks". In a place this crazy, taking an entire week off will be utter hell coming back - assuming you'll even get an entire week off approved. Think of 10 days as "one long weekend every 6 weeks". Put the time off requests in all at once.
  • Work from home is evil. Home is your safe place to get away from work. Working from home defeats this purpose. Fight me.
  • Read Time Management for System Administrators then do what it says.
  • Document how you spend your time. Do this in addition to the ticketing system, because the ticketing system only tracks time on tickets. You have other things to do, too, and that time probably isn't visible to your supervisor.
  • Document what you do. Get in the habit of documenting EVERYTHING. Convince yourself the task isn't completed until the documentation has been updated, and do not move to the next task until the current task is done. Ignore the tendency to "document it later, when things calm down". Pro Tip: Things will NEVER calm down. Build documentation time into your project timelines.
  • There is never enough time. Ever. I don't care how many people are on your team, IT isn't about having no tickets. It's about properly managing the workload.
  • Incremental progress. You aren't going to change things in big chunks. Don't try. Read The Practice of System and Network Administration: Volume 1: DevOps and other Best Practices for Enterprise IT and do what it says - even if nobody else on the team does.
  • Automate all the things. Seriously. You have better things to do than manually perform system checks. Automate that shit. If it can't be automated, make the business case for upgrade and then automate it.
  • Sometimes it's better to ask forgiveness than ask permission. If your boss is resistant to process automation, pick a small non-critical process, document how much time it takes to do manually, then automate it anyway. Show how much time you saved by not doing this one thing manually. Repeat as necessary until you're the most productive motherfucker on the team. Then use this information to justify a pay increase.
  • Slow the fuck down. My dad used to say, "I'm always in a hurry, but I never rush." Do things as efficiently as possible, but do NOT rush. Rushing causes you to overlook critical aspects of things. Rushing makes you frazzled. Rushing makes you leave your keys on your desk & locks you out of your office. DO NOT RUSH. Things take as long as they take.
  • The phone on your desk is Satan incarnate. Don't answer it unless you absolutely must. (Y'know, like when your boss calls.) Staff will do everything they can to bypass ticketing systems. The ringer on my desk phone is turned all the way down; I can barely hear it. Our phone system integrates with email, so messages show up in my Inbox. Playing back a message from my email is less of an interruption to my workflow than actually talking to some asshat who can't be bothered to submit a ticket. Most of the time, people won't leave a message, anyway.
  • Close your email when you need to focus. Not just minimize the window. Close it completely. If desk phones are Satan, email is one of the Dukes of Hell. Just because someone emails you doesn't mean you have to read it immediately. In fact, replying as soon as a message arrives only serves to encourage users to email you directly as a bypass to the ticketing system. I check my email three times a day.

    I could go on, but most of the above is already in the two books I listed and I'd just be riffing on a theme. I'll leave you with this:

  • They can't take away what you learn. Seriously. Learn it ALL.
  • The best time to find a job is when you have one. Absolutely keep your resume updated and sign up for job alerts on your favorite job site (sent to your personal email, obviously). Take a page from actors & musicians and never stop looking for your next gig.
u/Snowpocalypse149 · 4 pointsr/intj

You hit the proverbial nail on the head. Make-work bias has been around for centuries and there is usually only temporary unemployment for those whose jobs get replaced by capital. But like you said it's not really worth worrying about at this point.
If anyone has any interest in technological advancement or capital from an economic standpoint, these are some great books to check out:

[Capital in the Twenty-First Century] (

[The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies] (

[The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future] (

u/radong01 · 4 pointsr/educationalgifs

It's true. Only 60 million make it into the top 1%, with $34,000/year. Half of that 1% (29 million) live in the US. The number comes from Branko Milanovic's work, and his book The Haves and the Have-Nots.

Here are some articles on it from well respected organizations:

However, keep in mind they all cite the same source, which is Milanovic and his book, and were all written at around the same time, so I assume it was Milanovic's publisher paying a PR firm to get these written. But that's pretty much how most media works now days. So if you are still skeptical of the number, I suggest reading the book, or finding some of Milanovic's published papers and reading through the methodology used to come up with his numbers.

Another fantastic book on the subject is Thomas Piketty's Capital in the Twenty-First Century. I highly recommend reading it. Picketty actually expected huge amounts of controversy when he released his book, and was surprised to find out that not many people disagreed with his methodologies and conclusions. Which is pretty scary in itself.

u/thecat12 · 4 pointsr/TechoBlanco

"Hacker, Hoaxer, Whistleblower, Spy" sobre Anonymous. Estaba muy interesante por que, uno, describe lo que ha pasado los últimos 6 años en cuanto a seguridad en línea desde la perspectiva de Anonymous, y dos, por que me tocó vivir muchos de esos momentos en línea y en la vida real con lo de Cientología, Wikileaks, Occupy, etc. 10/10 recomendaría.
Antes de eso: "Social Physics". Dice que podemos usar "big data" para monitorear las interacciones de las personas para tomar mejores decisiones sobre como organizar nuestras empresas, organizaciones, y ciudades. Tipo chido, pero lo que argumenta sobre big data según yo puede exacerbar la desigualdad en poder que ya existe entre los "pudientes/1%/corporaciones" y el resto de la "gente común y corriente". También está el peligro de que los algoritmos que usamos para tomar decisiones no tomen en cuenta muchos factores importantes que igual pueden empeorar la disparidad económica y racial que ya existe. Pero tiene ideas muy interesantes. 8/10 léanlo si le entran a este tipo de cosas.
Siguiente: Capital in the Twenty-First Century. Trata sobre la desigualdad que existe y se ha creado con nuestro sistema económico actual. Viene muy recomendado.

u/Nostrabrahmus · 4 pointsr/investing

Don't get me wrong, I absolutely understand you are young and need guidance. I was 17 when I started investing as well.

I can give stock recommendations all day but I can give you two really good pieces of advice right now.

1: Read. Read everything you can. The Intelligent Investor by Ben Graham is the bible of value investing. Warren Buffet himself said that this was the best book on value investing he's read. Read this book. Also, read Rich Dad Poor Dad This was the single most influential piece of literature I've ever read.

2: Be extremely careful who you take advice from. Just because people are older doesn't make them smarter. You want to find people who have exactly what you want for yourself. These people are worth taking advice from. The average person is an idiot, and they all think they know the right way, and yet they all are slaving away at jobs they hate that "don't pay them enough". This could even be your parents or friends. It may be hard to reject their advice. They may not even realize that they don't know what they are doing. Again, you want to learn from people who have exactly what you want.

u/kitcar · 4 pointsr/TorontoRealEstate

Remember, buying something that is cashflow negative with no guaranteed appreciation is not an investment in the classical sense - it's speculation. See