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North to Paradise: A Memoir

  North to Paradise: A Memoir Umar, Ousman When we started out , there were forty - six of us . Only six survived . I always ate as much as I could because I knew it might be days before I’d have another meal . I was a twelve - year - old kid living in a no - man’s - land between the port , the cement factory , and the fishing harbor . “ They’ve found trucks in the desert with eighty bodies around them , ” I overheard as I watched them loading the convoys . The smugglers ’ cruel business consisted of promising to bring people across the Sahara , collecting their fees , and then abandoning them in the middle of nowhere . Murder on a massive scale . Abandoned At one point , we found a drinking well for goats : the water was contaminated with their excrement , but we drank it anyway . Considering the things we ate and drank , I don’t know how we never got sick . The difference in temperature between day and night was brutal : we practically melted during the day , when it was over 120 deg
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Enhancing Trader Performance

  Enhancing Trader Performance Dan Gable, one of the great competitors in the history of sport. To say that he’s an expert performer is a considerable understatement. As a high school wrestler, he won his state championship three times and was undefeated in 64 consecutive matches. He proceeded to win 117 consecutive matches at Iowa State University and twice won the national championship. He was an Olympic gold medalist, outscoring his opponents 130–1 in his final 21 qualification and Olympic matches. As a wrestling coach for the University of Iowa, his teams went 355–21–5, yielding 45 national champions. In his book "A Season on the Mat," Nolan Zavoral provides a simple assessment of Gable: “Nobody trained harder.” Gable was known to practice so hard that he would literally have to crawl to exit the wrestling room. Often, while crawling, he would find a second wind and continue training. Trading is a performance discipline and trading performance can be cultivated through th

Meditaciones | Marco Aurelio

  Meditaciones Marco Aurelio Antonino Augusto El soportar las fatigas y tener pocas necesidades; el trabajo con esfuerzo personal y la abstención de excesivas tareas, y la desfavorable acogida a la calumnia. El no haber dado nunca la impresión de cólera ni de ninguna otra pasión, antes bien, el ser el menos afectado por las pasiones y a la vez el que ama más entrañablemente a los hombres; el elogio, sin estridencias; el saber polifacético, sin alardes. La aversión a criticar; el no reprender con injurias a los que han proferido un barbarismo. No rechazar de este modo sistemáticamente las obligaciones que imponen las relaciones sociales, pretextando excesivas ocupaciones. El dominio de sí mismo y no dejarse arrastrar por nada; el buen ánimo en todas las circunstancias y especialmente en las enfermedades. El cuidado moderado del propio cuerpo, no como quien ama la vida, ni con coquetería ni tampoco negligentemente, sino de manera que, gracias a su cuidado personal, en contadísimas ocasio

What It Takes: Lessons in the Pursuit of Excellence

  The best executives are made, not born. They absorb information, study their own experiences, learn from their mistakes, and evolve. I had incredible teachers. My parents taught me the values of honesty, common decency, and achievement, and the importance of generosity toward others. My high school track coach, Jack Armstrong, helped me develop a high tolerance for pain and to understand the power of preparation, essential lessons for any entrepreneur. Today it is the world’s largest manager of alternative assets. Conventional assets are cash, stocks, and bonds. The broad category of “alternatives” includes pretty much everything else. We build, buy, fix, and sell companies and real estate. The companies we invest in employ more than 500,000 people, making Blackstone and its portfolio companies one of the largest US-based employers and one of the largest employers anywhere in the world. We find the best hedge fund managers and give them money to invest. We also lend money to compa

The Rule

  You can’t stop the waves, but you can learn to surf. —JON KABAT-ZINN “Cut short your losses, and let your profits run on.” That’s The Rule. That’s Larry. I also want my grandchildren and their generation to see that many more things are possible if you make the right bets—not only in your money life but in your love life too. Bets are just choices we make. I was born to a lower middle-class family, had a major learning disability, did poorly in school, and was nearly blind (completely blind in one eye and half-blind in the other). I was not handsome. I was not athletic. Today, I am a self-made multimillionaire. How did I do it? I made a bet on myself and won. You can absolutely do this too. The real question is, “Who did I write this book for?” It’s for the overweight girl who did not get invited to the high school prom. It’s for the last guy never chosen for a baseball game. You know, that hurts a lot when you are a kid. It’s for the star athlete too—because somewhere he, to

Flash Boys

  FLASH BOYS MICHAEL LEWIS Michael Monroe Lewis (born October 15, 1960) is an American author and financial journalist. He has also been a contributing editor to Vanity Fair since 2009, writing mostly on business, finance, and economics. He is known for his nonfiction work, particularly his coverage of financial crises and behavioral finance. Las acciones de P&G llegaron a cotizarse a un precio tan ridículo como un centavo y tan desmesurado como $100.000 usd. Durante ese breve período de tiempo se produjeron más de 20.000 transacciones distintas a precios un 60% mayores o menores que los existentes tan solo unos minutos antes. Greenwich Associates, la firma empleada para evaluar su posición con relación a sus colegas y competidores entrevista anualmente a los inversores que utilizan los servicios de Wall Street e informa de los resultados a los interesados. El RBC (Royal Bank) había sido un Banco menor, como lo demuestra el hecho de que había ocupado el puesto 19 en el ranking