"Think and Grow Rich" is a book with many valuable insights on life principles. Yes it is not a technical kind of book that talks about investments of any sort, its focus is more on the soft literary aspects.
If you have read one of my old posts Desire, Effort, Faith & Grit, you would have guessed that its content serves to guide us towards harnessing the power of our thoughts, through which would enable us to grow money.
(I know this post is way overdue as I didn't finish this book in one breath from when I started. Glad that I finally published from the draft which has been sitting there for more than 1 year!🤦♀️)
If you have read one of my old posts Desire, Effort, Faith & Grit, you would have guessed that its content serves to guide us towards harnessing the power of our thoughts, through which would enable us to grow money.
(I know this post is way overdue as I didn't finish this book in one breath from when I started. Glad that I finally published from the draft which has been sitting there for more than 1 year!🤦♀️)
Here's an online version which you can read at your own pace. But if you want a flash 12-min overview of the book, you can watch this video by The Swedish Investor, although it doesn't quite justify what you can get from reading the book cover-to-cover.
I find that these are the 6 most important concepts to me. (It made me want to start a Mastermind group.)
DESIRE
DECISION
FAITH
PERSISTENCE
THE MASTER MIND
ORGANIZED PLANNING
DECISION
FAITH
PERSISTENCE
THE MASTER MIND
ORGANIZED PLANNING
As I read this book in a rather fragmented manner, I shall not go into the individual chapters.
Presenting here some of my favourite quotes from the book.
"The leaders in every walk of life decide quickly, and firmly.
That is the major reason why they are leaders. The world has the habit of making room for the man whose words and actions show that he knows where he is going."
"Education consists, not so much of knowledge, but of knowledge effectively and persistently applied. Men are paid, not merely for what they know, but more particularly for what they do with that which they know."
"The person who takes no chances, generally has to take whatever is left when others are through choosing. Over-caution is as bad as under-caution. Life itself is filled with the element of chance."
"Superstition is a form of fear. It is also a sign of ignorance. Men who succeed keep open minds and are afraid of nothing."
"Most people are too indifferent or lazy to acquire facts with which to think accurately. They prefer to act on "opinions" created by guesswork or snap-judgments."
"Every person, who has been moved by genuine love, knows that it leaves enduring traces upon the human heart. The effect of love endures, because love is spiritual in nature. The man who cannot be stimulated to great heights of achievement by love, is hopeless-he is dead, though he may seem to live."
"The starting point of all achievement is DESIRE. The finishing point is that brand of KNOWLEDGE which leads to understanding- understanding of self, understanding of others, understanding of the laws of Nature, recognition and understanding of HAPPINESS."
As I read through the pages under the Chapter The Sixth Sense, I thought that this has an uncanny resemblance to religious beliefs - when one "speaks" to God.
It could be, as Napoleon put it, a portion of our brain that connects to the sixth sense and make the imaginary counsel (whoever God is in our mind) appears real. I don't know much depth about the characters he mentioned, so there is no way that I can plug them into my mind and come up with an imaginary counsel like he did. Hmm, I probably need a mesh of knowledge on history, personality and literature for that. Just a side note, I am a free thinker.
And very coincidentally, I happened to come across this Chinese YouTube video while browsing. There were certain points brought up, like "念力", which relate to what was mentioned in "Think and Grow Rich". Watch it and tell me what you think?
-------------------
My reading list:
The 4-Hour Workweek by Timothy Ferriss (Procrastinated and paused reading)
Skin in the Game by Nassim Taleb
Antifragile: Things That Gain from Disorder by Nassim Taleb
Awaken the Giant Within by Anthony Robbins
Can't Hurt Me: Master Your Mind and Defy the Odds by David Goggins
Like what you read? Follow me on Facebook or Twitter for updates and news that I dig.
Check out my referrals for fantastic sign up bonuses on SAXO, Moomoo, Gemini, Celsius, Blockfi and more.
🤗
Thanks for reading!