What We’re Reading

What We’re Reading: Financial and Intellectual Capital

What We’re Reading: Financial and Intellectual Capital

What We’re Reading

Our commitment to education and the Four Capital Approach is evident through SFG’s Book Club. This fun tradition reinforces our Intellectual Capital. Team members choose non-fiction books to read and twice a year we get together as a team and present our “book reports”. We thought we’d share some of the books we’ve been reading related to the Financial and Intellectual Capitals in case any of these pique your interest.

The History of the United States in Five Crashes by Scott Nations

This book is the story of the United States’ 5 major stock market crashes; 1907, 1929, 1987, 2008, 2010. The author explains the various factors and causes for each event. The author posits that new financial innovations, people’s overconfidence in them and poor understanding of how they can backfire, remain a recurring cause of major financial crises.

 

Makers and Takers: How Wall Street Destroyed Main Street by Rana Foroohar

Foroohar analyzes lessons learned during the 2008 crisis, factors that lead to it, and elements of America’s current financial system. She defines “makers” as the people, companies, and ideas that create real economic growth. She defines “takers” as those that use America’s market system to enrich themselves rather than the society at large. Foroohar uses history to explain the financialization of America in detail. The history helps explain the markets and trends that we see today. She identifies issues and proposes thoughtful solutions to some of the issues in our economy.

 

Shoe Dog: A Memoir by the Creator of Nike by Phil Knight

Phil Knight outlines what it took to build Nike into the world leading company that it is today. He talks about his issues in obtaining capital to grow his business, as well as some of the interstate banking laws that existed back in those days. He stresses the importance of team building exercises and how much value he got from his team through those exercises. He also outlines the mistakes that he made along the way and the things he had to do to get out of them.

 

Three Days in January: Dwight Eisenhower’s Final Mission by Brett Baier

Focusing on the finals days of Eisenhower’s presidency, the author intertwines the younger years of Dwight D. Eisenhower, his service as a Five Star General in command of the U.S. Armed Forces during World War II, and his eight years as President. In the final days of his presidency, the wisdom he hoped to impart upon the incoming president, John F. Kennedy, compelled Eisenhower to forewarn the new President about the dangers of nuclear power and the terrible cost if misused.

 

Important Disclosure Information: The information contained within this blog is for informational purposes only and is not intended to provide specific advice or recommendations. Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Schultz Financial Group Incorporated), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Schultz Financial Group Incorporated. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Schultz Financial Group Incorporated is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Schultz Financial Group Incorporated’s current written disclosure statement discussing our advisory services and fees is available for review upon request. Please Note: Schultz Financial Group Incorporated does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Schultz Financial Group Incorporated’s web site or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Where you want to go in life is up to you. How to help you get there is up to us.

Contact us today to start your journey…

Contact

Schultz Financial Group Inc.
10765 Double R Blvd. Suite 200
Reno, NV 89521
Phone: (775) 850-5620
Fax: (775) 850-5639
Email: [email protected]

Where you want to go in life is up to you. How to help you get there is up to us.

Contact us today to start your journey…

Contact

Schultz Financial Group Inc.
10765 Double R Blvd. Suite 200
Reno, NV 89521
Phone: (775) 850-5620
Fax: (775) 850-5639
Email: [email protected]

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Copyright © 2018 Schultz Financial Group Inc.

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