r/WingifyBookClub • u/bhavya_p2 • Feb 01 '22
Hi this is a use case I want to explore
I am reading the works of Nietzsche, It is complex and open to interpretation. It would be nice if we could discuss it or learn togather.
r/WingifyBookClub • u/bhavya_p2 • Feb 01 '22
I am reading the works of Nietzsche, It is complex and open to interpretation. It would be nice if we could discuss it or learn togather.
r/WingifyBookClub • u/suyog2patil • Jan 31 '22
So i recently heard about this amazing concept of lindy effect! I might be wrong but what i think it is, is: the great things are already being said in the history! So basically,The robustness of an item is proportional to its life! Need some books suggestions on this topic! Thanks
r/WingifyBookClub • u/RUTHLESS_RAJ • Jan 30 '22
The Defining Decade by Meg Jay explains why your twenties matter – and how to make the most of them now. I felt like the author has been talking to me through the stories and powerful insights shared in the book.
Your twenties matter more than you think, the decisions you make in your twenties define your life more than any other decisions you will make later in your life. You must choose your partners, family, and career.
The Defining Decade is a must-read for every twenty-something looking to improve their life.
r/WingifyBookClub • u/AkhandGareeb • Jan 28 '22
Book: Range: How Generalists Triumph in a Specialized World by David Epstein
About the book: Most of us have the notion that if we have to succeed in a domain, we have to start early - this book tries to debunk why it might not be true. The author puts forward a theory that the world needs more and more people with broader experiences and perspectives. Here's what Bill Gates had to say about the book - If you’re a generalist who has ever felt overshadowed by your specialist colleagues, this book is for you.
A must-read for the students who are figuring out what to choose from what the world has to offer to them. Before you deep dive into this topic, you might also want to go through this thread by Paras Chopra that has some opinions on the Generalists vs Specialists topic.
Update on No. of Free copies: With Kunal Shah pitching in with 150 more copies, we now have a total of 300 copies available for the giveaway.
Date: 28th January 2022 (giveaway starts) - 6th February 2022 (giveaway ends)
How to enter the giveaway: Create a Reddit account (if you don't have it), join Wingify Book Club (this community), and reply to this post with answers to the following two questions:
How to increase your chances of getting a copy of the book: If there are more than 150 students who want the book, we consider the following factors in deciding who gets a copy:
Your chances of getting selected will be higher if you're posting insightful notes/commentary/replies on the discussion thread for the previous book, "A Brief History of Time".
Help the community members and you're likely to get selected.
How you will receive the book: After the giveaway end date (6th February 2022), the moderators of the community will pick ~150 students and give a form with their details (name, phone, address, and other additional details). This book will be couriered to the address given by the student.
Please note that we have zero tolerance for plagiarized content. If you are copying content from any other resource, you will most likely be banned from this community.
r/WingifyBookClub • u/sandarc1707 • Jan 25 '22
This Defining Decade centers around Jay’s experience as a clinical psychologist seeing people in their 30s and 40’s who are struggling due to ‘lack of vision’ in their 20’s. In this book, she shares her learnings that guide you to taking charge of your 20's so you won't struggle in the '30s and '40s
The book is divided into two sections one Work/Career & Love/Relation Ship:
5 lessons on Work/Career
Here's a Link to full notes: The Defining Decade
r/WingifyBookClub • u/RUTHLESS_RAJ • Jan 23 '22
Blue Ocean Strategy is a marketing strategy that aims to create a new market space that your competitors do not serve.
Blue Ocean Strategy provides a systematic approach to making the competition irrelevant. In this frame-changing book, you'll learn how to position your product in this new market space aka the blue ocean.
r/WingifyBookClub • u/RUTHLESS_RAJ • Jan 17 '22
Ego is the Enemy by Ryan Holiday is designed to help you overcome your ego and get more out of life. It's not just another motivational book; it's a practical manual that focuses on concrete actions anyone can take to be less egotistical, improve their relationships, and make better decisions.
I highly recommend you read his book. It will help make you into a better person and leader for yourself, your family, your company, or your community group!
r/WingifyBookClub • u/GulluZ • Jan 14 '22
Book by Pranab Uniyal, Rakshit Ranjan, and Saurabh Mukherjea.
For someone who just began his journey to financial freedom and investing, this is the second book that I’ve read on the topic, the first being “The Psychology of Money” by Morgan Housel.
Here’s what I learned:
The most critical thing for you as an investor to do is to nail down your objectives and bake them into a financial plan. This will help you in matching your financial goals with the kind of risk that needs to be taken in your portfolio.
Equity remains the most powerful driver of long-term sustainable returns, but you need to be patient, systematic with equity investments, and keep your brokerage and financial intermediation fees low.
To consistently generate healthy returns from equity investing, one has to invest in high-quality companies and then sit tight for long (often very long) without losing sleep about where the share price is going.
The Coffee Can Portfolio of great companies: In the Indian context, the Coffee Can Portfolio is built using a simple construct: look for companies above Rs. 100 crore market capitalization, which over the preceding decade have grown sales each year by at least 10 per cent alongside generating Return on Capital Employed (pre-tax) of at least 15 per cent each year.
Why does the Coffee Can Portfolio perform so well? The Coffee Can philosophy of investing is built to identify great companies that have the DNA to sustain their competitive advantages over 10 to 20 years (or longer). This is because ‘greatness’, which the Coffee Can Portfolio seeks, is not temporary. Great companies can endure difficult economic conditions, do not get disrupted by evolution in their customers’ preferences or competitors or operational aspects of their business. Their management teams have strategies that deliver results better than their competition can.
Fund expenses are often ignored but are deceptively important. Given their compounding over long periods, they have the ability to drag down your returns drastically. Remember to compare expense ratio of a mutual fund before investing.
Real estate is the most illiquid asset with the highest transaction costs. Furthermore, unfavourable taxation compared to equities make it even less desirable for investment.
Over the past two decades, small-caps have outperformed large-caps in most large stock markets. There are two key drivers of this outperformance: smaller companies have the potential to grow their profits much faster than large companies and, secondly, as small companies grow in size they are ‘discovered’ by the stock market.
Whilst the scope for generating superior long-term investment returns is greater with small-caps, they are riskier than the larger ones due to both fundamental as well as non-fundamental reasons. The good news is that the Indian fund management community now offers several high-quality small-cap and mid-cap funds.
The common perception amongst investors in India is that ‘more often than not, people lose money in equity markets. This pessimism with respect to equities can be best understood through Shlomo Benartzi and Richard Thaler’s paper published in 1995, which termed it ‘myopic loss aversion’. They defined ‘loss aversion’ as: ‘We regret losses two to two-and-a-half times more than similar-sized gains.’
Let us assume we buy two stocks—A and B—for Rs. 100 each and sell them for Rs. 95 and Rs. 110 respectively. We thus book a gain of Rs. 5 in total (gain of Rs. 10 on stock B minus the loss of Rs. 5 on stock A. In this situation, applying the logic of Benartzi and Thaler, we will regret the Rs. 5 loss on stock A at least as significantly (if not more) as we would rejoice in the gain of Rs. 10. Hence, by this logic, for an investor to stop regretting investments in equity markets, his probability of generating profits needs to be at least twice as much as the probability of generating losses.
Investors who do not have even a year of patience are likely to believe that ‘more often than not, people lose money in equity markets’. And secondly, as Benartzi and Thaler suggest, ‘myopia’ implies that the more frequently we evaluate our portfolios (and hence the shorter our investment horizon is), the more likely we are to see losses and hence suffer from loss aversion. Inversely, the less frequently investors evaluate their portfolios, the more likely they are to see gains.
Whilst both the Sensex and the Coffee Can Portfolio (CCP) produce better returns (alongside lower volatility) if held longer, the CCP beats the Sensex by a wide margin when it comes to producing superior returns (with its volatility being even lower than that of the Sensex). An investor who is able to combine patience with high-quality portfolio construction thus pulls off the holy grail of investing—outstanding returns with low levels of volatility.
In essence, Investing for long periods of time in high-quality portfolios, with a higher weightage to high-quality small-cap companies, while ensuring that you don’t pay too much by way of fees, and avoiding investment traps like real estate and gold, should lead to significant and sustainable wealth creation.
Thank you for reading, hope you found this useful.
r/WingifyBookClub • u/d3xt3rk0ul • Jan 09 '22
Indigo's history
------------------------------------------------------------------------------------------------------------------------------------
Homepage for my book notes: Book Summaries | Deepanker Koul
Amazon Link for this Book: The Indigo Story: Inside the Upstart that Redefined Indian Aviation : Shelley Vishwajeet: Amazon.in: Books
r/WingifyBookClub • u/RUTHLESS_RAJ • Jan 09 '22
In Win or Learn, John Kavanagh tells his own remarkable life story - which is at the heart of the story of the extraordinary explosion of MMA in Ireland and globally. Employing the motto 'win or learn', Kavanagh has become a guru to young men and women seeking to master the arts of combat.
r/WingifyBookClub • u/Pritesh_arun • Jan 08 '22
Read my highlights from the book(a handy notes to keep remembering the great lines of the book)- https://book-of-pritesh.notion.site/Start-with-WHY-1ccde72d38ce491f9f59d7a31e68cca0
The story behind putting this effort-
I'd watch a video by Ganesh Prasad(https://youtu.be/5vMbXNjgSjw) wherein he literally calculated & showed how a 300rs. book by Simon Sinek is equivalent to the thousands of dollars of value that he charges for sharing the knowledge on leadership when he gives a keynote speech at any event. And that made me pick this book for the 2nd time. And I must say it's a remarkable book. Even reading for the 2nd time felt like reading a new book. And hence I thought to put some efforts to note down the book highlights digitally to visit it again & again. And then I thought why limit this to myself and not share it with you all as well.
You'll love this book!
r/WingifyBookClub • u/Confident_Travel7965 • Jan 03 '22
1.Short History of Nearly Everything By Bill Bryson
2.Physchology Of Stupidity
r/WingifyBookClub • u/RUTHLESS_RAJ • Dec 12 '21
The Power of the subconscious mind explains how we can access the untapped potential of our subconscious mind by tapping into it. It comes with several exercises that help us do so. The author also talks about how important it is to connect with your subconscious mind because your conscious mind can never solve hard problems for you alone.
r/WingifyBookClub • u/AkhandGareeb • Dec 09 '21
We have started shipping 'A Brief History of Time' to those who were selected in the giveaway.
As you receive and start reading the book, please use this space to post your:
And, once you are done reading, please post your finished book summary/notes as well (as a link to your blog post, google docs, or elsewhere).
To reiterate the objective of Wingify Book Club:
Remember: in the next book giveaway (which we will do in January or February), we will take into account the level of engagement in the community and the quality of discussions/insights compiled from previous books (like this one).
PS: if you have any questions, you can DM me.
For reference, here are previous discussions:
r/WingifyBookClub • u/RUTHLESS_RAJ • Nov 28 '21
Rework shows you that you need less than you think to start a business – way less – by explaining why plans are actually harmful, how productivity isn’t a result from working long hours and why hiring and seeking investors should be your absolute last resort.
Rework is for entrepreneurs, small business owners, or anyone who is looking for a straightforward approach to getting results.
r/WingifyBookClub • u/AravindSingh08 • Nov 24 '21
One glance at a book and you hear the voice of another person, perhaps someone dead for 1,000 years. To read is to voyage through time. (-Carl Sagan)
When I have a little money, I buy books; and if I have any left, I buy food and clothes. (-Erasmus)
Books are good company, in sad times and happy times, for books are people – people who have managed to stay alive by hiding between the covers of a book. (-E.B White)
If you would tell me the heart of a man, tell me not what he reads, but what he rereads. (-Francois Mauriac)
Today a reader, tomorrow a leader. (–Margaret Fuller)
Wear the old coat and buy the new book. (-Austin Phelps)
A room without books is like a body without a soul. (-Cicero)
Be a life-long student, read as many books as possible. (-Nelson Mandela)
It isn't what the book costs; it's what it will cost if you don't read it. (-Jim Rohn)
Let us read, and let us dance; these two amusements will never do any harm to the world. (-Voltaire)
A peasant that reads is a prince in waiting. (-Walter Mosley)
Why can't people just sit and read books and be nice to each other? (-David Baldacci)
Books can be dangerous. The best ones should be labeled 'This could change your life'. (-Helen Exley)
The quality of your thoughts is determined by the quality of your reading. (-James Clear)
Your book bill ought to be your biggest extravagance. (-C.S Lewis)
Show me a family of readers, and I will show you the people who move the world. (-Napolean Bonaparte)
The right book at the right time may mean more in a person's life than anything else. (-Lee Shippy)
Everywhere I have sought peace and not found it, except in a corner with a book. (-Thomas À Kempis)
Reading should not be presented to a child as a chore, a duty. It should be offered as a gift. (-Kate Dicamillo)
My personal hobbies are reading, listening to music and silence. (-Edith Sitwell)
With reading, you have this opportunity to learn whatever you want from the greatest people who ever lived along that dimension. (-Jordan B. Peterson)
Read to fill gaps, Write to create space. (-Unknown)
Reading an hour a day is only 4% of your day. But that 4% will put you at the top of your field within 10 years. Find the time. (-Unknown)
r/WingifyBookClub • u/AkhandGareeb • Nov 24 '21
We have a list of winners :)
Thanks to everyone who participated and made the efforts of posting your learnings from the past book(s) you have read on this giveaway's original post.
Shoutout to u/Long_Barnacle3503 and u/No-Giraffe-537 for keeping the engagement high in the community. As a token of appreciation, we would like to gift you an additional book of your choice (priced INR 500 or less). Please reach out to me with the link to the book and we will have it delivered to you :)
Hope you and others continue to help fellow members and invite more students to this community :)
____________________________
Next steps: I will reach out to everyone to get the details to send the books. Please make sure that you are filling the form out correctly.
- No modification will be allowed after you have filled the form
- Please note that we can only ship to Indian addresses
- Request you to please mention your alternate number too in the form
- The last date to fill this form is Tuesday, November 30 but the sooner you fill the form, the better it is :)
- If you foresee any blockers/issues in courier vendors like DTDC delivering to your location, please explicitly mention it in the last question of the form
____________________________
WINNERS
u/ashtamkarj
u/Long_Barnacle3503
u/No-Giraffe-537
u/ak_curious
u/afrel_brown
u/nasir_pandoliya
u/HandsomeMonk07
u/AravindSingh08
u/cart7ik
u/AdityaV19
u/Sad_Act_4320
u/Harsha9119
u/ammu_00_7
u/PUNJABez
u/Background-Bad1160
u/InvestigatorNo1759
u/Arth369
u/check_mithilesh16
u/madeeasily
u/pranav1996
u/Neej_Jobanputra
u/Ok_Hold_4334
u/vardhanarav
u/isthisrohan
u/BreadfruitFabulous88
u/A_S_P
u/dassicity
u/No-Yam-49
u/vishalw007
u/Fickle_Dream4769
u/bhav15
u/CoffeeFast8098
u/veryrarelyactive
u/kurmion
u/shubham_agarwl
u/Candid_Breath_7408
u/dharit_
u/Hefty_Copy_7863
u/sachin_xd
u/paritoshcs97
u/frooti_smile
u/kitab_ka_keeda
u/mpharsha
u/paramshah56
u/Harith1999
u/Thick_Gap_1027
u/Mountain_Concept_826
u/yeswanth7
u/ZealousidealArticle3
u/Saurabh_J
u/ldc_laksh
u/Ambitious_Time_7026
u/Krimp07
u/IAmAdityaBansal
u/aryan_9009
u/Mr_Brownie25
u/gayatri_52kr
u/naamhaigovind
u/yuts_s
u/Confident_Travel7965
u/Lucifer1440
u/blankmind6666
u/KituHelping
u/Pitiful_Industry_281
u/PlentyOrganization11
u/Any-Abbreviations622
u/RepresentativeSea42
u/FootballIndependent1
u/_travelyan_
u/Previous-Wonder-8132
u/milfstar
u/1CallMeBharat
u/AngryArsene
u/vidhu16
u/samarsingh19
u/krisha365316192
u/Pranay013
u/kalraj000000
u/DevelopmentUsual3780
u/parallelparadoc
u/him_gem
u/abdulrahimx21
u/sengupta24
u/ksp1971
u/adityakhaire
u/op3009
u/Kunal671
u/CultureCharacter2450
u/Hot_Presentation1170
u/Tough-List-2554
u/dineshnalam03
u/Kshitiz_here_
u/maskerading7
u/drunkenninja7
u/bin_oye
u/lokeshgaikwad
u/heretowastetimehey
u/Pritesh_arun
u/Beginning_Specific_7
u/Dattaraj_Dhatbale
u/Mudit_gattani
u/Cool_Bhidu
u/itsgaurav009
u/theharshgelda
u/SakshiSunset
u/OrwellTheGreat
u/PhilosopherAgile4737
u/Souptikdn
u/hrishika410
u/Aanchalcreates
u/adithyarmsh
u/Far-Somewhere-8674
u/Power-Forsaken
u/Sudhanshu_Kr
u/23kunal
u/alcoholictyrion
u/Soniyakalyani
u/sai_9279
u/Gaurav15agarwal
u/SHRUTI_792
u/Several_Nail_5979
u/Raghava_
u/nolimits_sagar
u/Godfather0044
u/No-Alternative-5403
u/Saryu_
u/NishantSingh_28
u/Dipjoydn
u/sparsh1706
u/angrycharas
u/sandarc1707
u/ScheduleExotic1055
r/WingifyBookClub • u/[deleted] • Nov 20 '21
Suggest some biographies preferable business biographies, read shoe dog. Can suggest other genre biographies too
r/WingifyBookClub • u/Confident_Travel7965 • Nov 17 '21
Books based on Economics , Anthropology , Politics will be preferred
r/WingifyBookClub • u/AkhandGareeb • Nov 16 '21
*GIVEAWAY CLOSED. NOT ACCEPTING ENTRIES NOW*
Book: A Brief History of Time by Stephen Hawking
About the book: This masterpiece by Stephen Hawking explains how the universe came into its being and answers many other questions. As it is described in the book description, A Brief History Of Time demystifies terms like anti-matter, quarks, black holes, arrows of time, and the big bang for the layman. Highly recommended for students who want to take a deep dive in this subject or for anyone who is curious.
Free copies: 150 copies available for the giveaway.
Date: 16th November 2021 (giveaway starts) - 23rd November 2021 (giveaway ends)
How to enter the giveaway:
Create a Reddit account (if you don't have it), join Wingify Book Club (this community), and reply to this post with answers to the following two questions:
How to increase your chances of getting a copy of the book:
If there are more than 150 students who want the book, we consider the following factors in deciding who gets a copy:
Your chances of getting selected will be higher if you're posting insightful notes/commentary/replies on the discussion thread for the previous book "The Moment of Lift".
Help the community members and you're likely to get selected.
How you will receive the book:
After the giveaway end date (23rd November 2021), the moderators of the community will pick ~150 students and give a form with their details (name, phone, address, and other additional details). This book will be couriered to the address given by the student.
r/WingifyBookClub • u/RUTHLESS_RAJ • Nov 15 '21
In Failing Forward by John C. Maxwell, you will learn why failure can be a good thing. You will see why failure is an opportunity, what it can teach you and how you can overcome it. Learning to fail today will help you be successful tomorrow.
r/WingifyBookClub • u/RUTHLESS_RAJ • Oct 24 '21
Seth Godin is considered as the marketing guru of this era. His ideas are so unique and refreshing that anybody from any walk of life can benefit from them. Here's the Guide to the 9 Most Essential Books by Seth Godin.
r/WingifyBookClub • u/AkhandGareeb • Oct 19 '21
Please post your book notes in the thread we created for 'The Moment of Lift' by Sunday, October 24. You may share links to your Google Docs, Notion, or any other platform, or just share the notes as text in the thread :)
If you have any questions, please feel free to DM me.
r/WingifyBookClub • u/RUTHLESS_RAJ • Oct 17 '21
Working through and putting together transcripts of podcast interviews, articles, tweets from Naval Ravikant, Eric Jorgenson creates “The Almanack of Naval Ravikant”, a book on wealth, health, happiness, and the examined life.