2024-05-03
I received a few emails from readers following the publication of my blog last week. Thanks! I really appreciate these comments. They often allow me to see things from another perspective and learn. They also provide me with material for future blogs!
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2024-04-26
How Patient Should You Be With a Losing Stock?
We all have stocks in our portfolio that are lagging.
2024-04-19
The Government Is Changing the Rules
I will not make an editorial comment on the Canadian federal government’s budget, which was...
2024-04-12
Blog Miniseries: 35 Years of Existence (#4)
This is the fourth and final blog in this series covering the 35 years of existence of...
2024-04-05
What it Can Cost to be Absent From the Stock Markets
I wrote a blog entitled Un exemple concret de la futilité du market timing in February 2019...
My current recommendation
By Andrew Carnegie, 352 pages, 2006, Penguin Random House
From this book came a phrase by Andrew Carnegie that became famous: “The way to get rich is to put all your eggs in one basket, and then watch that basket.” Starting from nothing, Mr. Carnegie traces the story of his journey to becoming a major American industrialist of the 20th century. A great philanthropist – he gave more than 90% of his fortune for the good of humanity upon his death – the man who gave his name to Carnegie Hall considered it a duty of the rich to give back to the community.
Publisher’s website
Recommended by Phillipe
By Andrew Carnegie, 352 pages, 2006, Penguin Random House
From this book came a phrase by Andrew Carnegie that became famous: “The way to get rich is to put all your eggs in one basket, and then watch that basket.” Starting from nothing, Mr. Carnegie traces the story of his journey to becoming a major American industrialist of the 20th century. A great philanthropist – he gave more than 90% of his fortune for the good of humanity upon his death – the man who gave his name to Carnegie Hall considered it a duty of the rich to give back to the community.
Publisher’s website
Recommended by Phillipe
By Conor O’Clery, 432 pages, 2013, Hachette Book Group
A fascinating book chronicling the life of Chuck Feeney, who died on October 23, 2023. He made his fortune creating Duty Free Shoppers Group, a high-value company that became the largest chain of duty-free stores in the world. What sets Mr. Feeney apart is that he gave almost his entire personal fortune to causes close to his heart… during his lifetime! An inspiring example that convinced Bill Gates and Warren Buffet to follow the same path by also giving away their fortune during their lifetime.
Publisher’s website
Recommended by Phillipe
By Bill Browder, 416 pages, 2015, Kero Éditions
We have heard a lot about Russia and its autocratic system since the outbreak of the Russo-Ukrainian war in 2022. This entertaining book is very informative on the political and economic workings of Putin’s country and allows us to better understand how things work in Russia. Although we are in an autobiography, it reads like a thriller where memories are tinged with suspense that keeps us breathless.
Publisher’s website
Recommended by Phillipe
By Morgan Housel, 240 pages, 2023, Penguin Random House
Having barely started reading, I was struck by a passage that resonated in my mind: the news that the media bombards us with daily is more and more negative and pessimistic. The introduction exposes a process that goes against the grain of all existing investment plans which extrapolate the past to speculate on the future. Rather, this book presents several phenomena that will not change over time, allowing us to anticipate major events better and achieve success. And this, not just in our finances, but in our entire lives.
Publisher’s website
Recommended by Phillipe
By Durian Sukegawa, 256 pages, 2019, Albin Michel
(Book only available in French)
After Les délices de Tokyo, which I really liked, the author takes us this time into the universe of Johnson, the only survivor of a brood of crows who is taken in by Ritsuko and Yochi, his 11-year-old son, who loves to care for the bird. As animals are forbidden in their building, they release the bird, which begins a long wandering journey where it will face the hostilities of the city. A story full of poetry that amazes us and makes us discover endearing characters from whom it is difficult to detach when we finish the last page.
Publisher’s website
