Tuesday 23 July 2013

Book Review: The Upside of Turbulence by Donald Sull

The Upside of Turbulence: Seizing Opportunity in an Uncertain World
-Donald Sull

 
Hard Cover, 276pages
 
Summary
As the title suggests, this book touches on seizing opportunities in turbulence. Think it extends more to business opportunities than anything else. How to seize opportunities for exponential returns. Author gives numerous examples, some positive, some negative. For example, how Samsung has seized opportunities to stay relevant though the years while Kodak has become obselete.
 
What investors/traders can learn from this
We can profit from this if we notice companies that are managed in a way that they can survive turbulence. Some companies may be at depressed prices in troubled times. Value-investing that you do not learn from a "value investing" book! (This is why I do not read those books. Books like this one are better.)
 
Best place to get this book
At the National Library.
 

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