The Geometry of Wealth by Brian Portnoy – Book Review

Was I reading the right book?

When you have a “How to” in the title of your book, one expects that it is a more of a practical guide to whatever you are ‘HowTo’ing. And it is that expectation that led me to explore this book. The book is almost a year old but there only were a handful of reviews on Amazon. Also, 91% of them were 5-stars. But more of that later.

You will be sorely disappointed if you also expect this to be a self-help or an investing guide as its title unbashedly markets the book. This is more of a long-winded and tangential exploration of how wealth can affect happiness and human behaviour. I still gave the book a honest chance to understand the arguments the author was making.

The author starts off by dividing the book into three parts – each a logical step in planning and building wealth. Once this clear and useful definition is set up, the author goes on a detour. Somewhere in the woods for finding happiness, he takes us on a wild goose chase before coming back to the point he was earlier making. At one point in time, I had to go back to GoodReads to figure out whether I was reading the right book or whether there was a glitch in the Amazon system that got me the wrong book.

Leaning heavily on other behavioural finance references, notably Kahneman, the author explains how he melded works from different authors and derived his own understanding of the effect of money on happiness. As one of the other reviews of this book on goodreads says, any one who is remotely interested in behavioural psychology/finance would have read about Kahneman, Tversky or Thaler. Knowing that this book doesn’t bring any thing new to the table, it would indeed be redundant to read this, especially with the side quests that the author often participates in.

When the book takes almost half of the content to come to the point, I feel I would be doing the right thing in skimming the book instead of reading it thoroughly. And if you’re really interested in completing the book, that is what I would recommend. Otherwise, the psychology of building wealth can be better understood through other well known works.

Here’s my take on how happiness is linked with wealth. Yes, wealth can bring a certain level of happiness. But as is with any other thing in life, the marginal utility of wealth decreases as we have more and more of it. It should not be used as an end to itself, but as a means to achieving your true purpose in life, whatever you define that to be. Money may or may not directly give you happiness. But one thing I know for sure is that this book did not give me happiness at all. The proof of the geometry of wealth stays unsolved for me

Figuring by Maria Popova – Book Review

The author of this book, Maria Popova is a well known curator of the excellent website Brain pickings has an eclectic collection of articles, books and other writings from various disciplines. Each post introduces a work followed by the author’s unique take on the creative work. This site has provided me tons of recommendations for what next to read. And that is why I jumped into this book as soon as i saw it on my recommended list on goodreads. If nothing else this book would be a treasure of trove of new paths to explore in my reading journey.

The book opens with a bang. It starts with a never-ending sentence that is probably one of the longest that I’ve ever read. I particularly enjoyed the chapter on Tyco Brahe and Kepler. It brought back nostalgia of when I first read Carl Sagan’s Cosmos and found out how these individuals were as big contributors to the field of astronomy to the more famous names such as Galileo. I had started reading this book even without finding out what the book was about. And I thought the first chapter was giving me an idea of what to expect.

But after reading a few chapters, I feel I may have abandon this book because I still don’t have a clear picture of what the author is trying to say. The book flutters around constantly and introduces a lot of characters at the cost of clarity and coherence.

However, a few chapters down, I lost interest in the material due to the constant flitting back and forth, especially when the author is referencing quotes by others or transitioning into a new character. “A century later”, “Exactly seventeen years later”, “Fifteen centuries ago,” etc. It seemed like the author was trying too hard to fit these disparate thoughts by different individuals into a single narrative. It seemed forced, in my opinion, more like a collection of essays glued into a single narrative.

Moreover the author has used a lot of flowery language at many places when something simple would have sufficed. The opening sentence(if you can call it that) is a case in point. When you quote a lot of writings by other authors in your work, and the language of the quote is simpler than your interpretation of it, there is something going wrong. It feels like the author is trying to make an impression but failing.

I very much wanted to like this book because of the incomparable work that the author has done in building and maintaining the quality of brain pickings. But sadly the same does not translate in this work by her. And this book figuring will stay un-figured for me for quite some time.

The Laws of Human Nature – Book Review

I’ve enjoyed Robert Greene’s previous books immensely. The 48 Laws of Power was my introduction to the Machiavellian world of power and intrigue. Each page of the book was filled with useful ways to create an aura of power and become a more powerful social creature. His later book, Mastery focused more on an improvement of the self. In that book Greene explored the ways one can learn from the various Masters who have lived before us and have made a profound impact in various areas. And it was with this same interest and hope that I approached this book.

Just like his other books, this one is massive as well. Going for a never-ending 624 pages, it is by no means a quick read. And after reading through a few chapters, I realized that the book has fallen prey to the oft tried and tested trend in self-help literature. Anecdotes, anecdotes and more anecdotes. Mind you this is a safe method. That is why most self help literature heavily rely on this structure. But it is something that I greatly abhor. Yes successful stories do strengthen the conviction of a particular theory. But they also tend to suffer from confirmation and selection bias. It is almost as if Greene made a rough outline of the laws and then searched for examples that would fit these theories. Moreover it feels like that some of the anecdotes are greatly simplified or even modified to suit the narrative.

He might have done the same in his other books as well. But for some reason these anecdotes don’t work here. After a couple of chapters, I found myself skipping the anecdotes directly to the part where he explained a particular law.

Me, every five minutes

But by the time I reached the fifth law, I found it quite impossible to carry on. And hence I closed the book, abandoning it for good. I very much would have wanted to like this book and learn from it. But unfortunately the denseness of the material really put me off. The author has rambled on and on to fill up the book with feel-good stories and then propose a one-page full fount of self-help advice. I feel a better idea would be to go through the bibliography that the author has given at the end and instead peruse some of those works. That would be a more productive use of your time.

How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life – Scott Adams

Scott Adams has created a brilliant and enduring comic strip that hits the right chord with everyone who has ever worked in a corporate environment. Through thousands and thousands of daily comic strips, he has portrayed the frustrations, foibles, the pettiness, and sometimes downright imbecility that one would encounter in their workplace. His earlier books such as the Dilbert Principle were downright hilarious in their own way.

So it was with this legacy that I picked up this “self-help” book by Scott Adams. And also I hoped that the book would be an in-depth memoir of the cartoonist. The book started out a bit slow. The first couple of chapters seemed incoherent. But as I read on, I came across a few very good points in how Scott Adams maintains his creativity and energy level. He talks about preferring systems to goals. He talks about having a positive attitude. He talks about being a simplifier instead of an optimizer. And so on. But as I read on, I wondered where was this going. I couldn’t make a clear head or tail of the book. Some chapters start and finish quickly, while others went on and on without seeming to make a point.

By the time I reached the book half-way I simply lost my patience. I didn’t find any substantial take-aways from the book. And so I’m abandoning this book. Never realized that a book from the writers of one of the funniest comic strips could be so boring. Maybe this book is yet one more thing that the author has failed at (and he will still win big).