The Book Report
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The Book Report
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A blog for the books I read.
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Gretzky: An Autobiography
The Book Report
Jan 6
Wayne Gretzky's legendary quotes like "You miss 100% of the shots you don't take" and "I skate to where the puck is going to be, not where it has been" only scratch the surface of his genius. Recently diving into "Gretzky: An Autobiography" by Wayne Gretzky and Rick Reilly opened my eyes to the mind behind hockey's greatest player. The numbers tell an astonishing story of dominance: Gretzky's career points total 2,857, towering over the second-place holder's 1,921. Even more impressive, if he...
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The Theory of Poker: A Professional Poker Player Teaches You How To Think Like One
The Book Report
Dec 12
The Theory of Poker by David Sklansky was first published in 1978 and is widely considered the essential resource for understanding Poker. This is the second book I've read on poker and I don't feel any closer to grasping the secret to the game. With that said, here are some key points in random order I understood and found applicable to games and decision-making.Winners and Losers: The Justice of Poker π"Winners make themselves winners and losers make themselves losers. Poker is sheer justi...
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Self-Help; with Illustrations of Character and Conduct
The Book Report
Nov 27
Self Help by Samuel Smiles is a book originally published in 1859 and is considered 'the bible of mid-Victorian liberalism'. The writer uses eminent figures of his time to exemplify the virtues of self help. I read Self-Help to understand the crucial points and aspects of myself I can focus on and continue to improve. This journey of self-improvement is particularly relevant to my financial development and my endeavors in the crypto industry. The book offers timeless principles that ...
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Reminiscences of a Stock Operator
The Book Report
Nov 21
My sentiments while positioning into a market as a naive and hopeful boy with wishes of riches start with looking at a chart. The candlesticks are more or less random until I keep looking at them and start making patterns on them. I start to notice support and resistance lines at certain price areas. I think to myself, if this goes any lower, I'll be buying at a discount since it all has to return to its previous highs, I assume. I'm a patient person, I think of myself, and now I also think, ...
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Essential Poker Math, Expanded Edition: Fundamental No-Limit Hold'em Mathematics You Need to Know
The Book Report
Nov 6
Alton Harden, a seasoned professional poker player, meticulously outlines the myriad calculations players might undertake during a hand of No-Limit Hold'em in his essentials guide. Harden emphasizes that poker should be approached as an analytical exercise rather than mere gambling, transforming the game into a strategic endeavor.
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Market Wizards: Interviews with Top Traders
The Book Report
Oct 13
Introduction π‘ Market Wizards is a series of five books by Jack D. Schwager, that offers invaluable insights into the minds of successful traders. This review focuses on the first volume, published in 1989, exploring the psychology, strategies, and approaches of the top traders of the day. πͺ Key Themes π€© One common thread among these successful traders is their independent thinking. They rely on their instincts and of TA, rather than following news, advice, or popular trends. This aligns w...
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Technical Analysis Explained: The Successful Investor's Guide to Spotting Investment Trends and Turning Points
The Book Report
Oct 10
Technical Analysis Explained by Martin Pring lays out an introduction to trading on the market using visual cues to support decision-making. He write...
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The Twelve Caesars
The Book Report
Oct 9
The Twelve Caesars or De Vita Caesarum by Gaius Suetonius Tranquillus is an enjoyable read for those who are curious about the men who held the power of the known world in their hands. It is one of the oldest surviving pieces of literature documenting the history of the empire, beginning with Julius Caesar. The timeline spans from 44 BCE to 96 CE, and Suetonius himself lived during Emperor Hadrianβs time, dating this book around 50 years after the 12th Caesar. To put that into perspective, it...
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Bayesian Statistics the Fun Way: Understanding Statistics and Probability with Star Wars, LEGO, and Rubber Ducks
The Book Report
Oct 16
Overview The book Bayesian Statistics the Fun Way is an excellent introduction to probability. Written by Will Kurt, it starts by explaining that the Bayesian theorem is based on data one can grasp from personal anecdotes or, technically, prior odds. This approach allows for probabilities to stay fluid and dynamic, adapting to incoming changes in information. As John Maynard Keynes once said "When the facts change, I change my mind." (Interestingly, he also commented on adding a one to both s...
The Bitcoin Miner's Almanac: Where Code Meets Business and Everything in Between
The Book Report
Oct 14
Published in June 2024, The Bitcoin Almanac by Robert Warren offers a high-level overview of the BTC mining world. The book is divided into two parts: the first explains what BTC mining is, and the second consists of interviews with key players in the field, each approaching the task with different sizes, scales, and scopes. Bitcoin Mining Explained π Mining Bitcoin is relatively straightforward, but profiting from it is the real challenge. A critical metric for miners is the hash-to-price v...
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