(Part 2) Best products from r/fatFIRE

We found 26 comments on r/fatFIRE discussing the most recommended products. We ran sentiment analysis on each of these comments to determine how redditors feel about different products. We found 45 products and ranked them based on the amount of positive reactions they received. Here are the products ranked 21-40. You can also go back to the previous section.

Top comments mentioning products on r/fatFIRE:

u/cworxnine · 2 pointsr/fatFIRE

You're not alone, the relentless drive isn't always a badge of honor, but a symptom of internal inadequacies that aren't healed with more success, a better diet or more sleep. It's stuff that should be discussed with a licensed mental health pro.

You might really like this book about high performers and mental health: The Curse of the Capable

u/EuroNymphGuy · 1 pointr/fatFIRE

No. Read David Swensen's book for non-institutional investors. He is the Yale endowment manager and has great data on the perils of active investing. Essentially, he is a Bogle Head, espousing index funds and asset allocation as the way to go.

u/0IV8ryiqPiGYdneSejd2 · 10 pointsr/fatFIRE

this podcast talks about exactly the topic you mentioned. Interview with two Harvard Business School profs, who even wrote a book on the topic.

REALLY Private Equity, with Royce Yudkoff and Rick Ruback – Invest Like the Best, EP.33


HBR Guide to Buying a Small Business

u/[deleted] · 5 pointsr/fatFIRE

If you haven’t seen my other comment that got drowned, this book is AMAZING:


The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money https://www.amazon.com/dp/0062247026/ref=cm_sw_r_cp_api_i_DCE2DbPTSHSAD

u/GildedCodpiece · 3 pointsr/fatFIRE

As far as reputation goes, Quiet Light is at or near the top. I sold through them and it all worked out very well (apart from the buyer taking his sweet time to arrange financing).

The FBA Broker is wonderful to work with. FE International and Empire Flippers are also both legends in the space but I’ve not worked directly with them.

Website Closers does not have the best reputation.

But if you’re new to the game, do yourself a favor and get calibrated by reading this: Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game https://www.amazon.com/dp/1544501137/ref=cm_sw_r_cp_api_i_z1fODbQN3Q40H

u/ItsAConspiracy · 1 pointr/fatFIRE

While everybody else expounds on the wonders of debt, I'll recommend the book The High-Beta Rich for a contrary view. The book has case studies and stats, showing that it's actually fair common for the rich to fall back down to middle-class levels. Excessive debt is a big reason for that.

By contrast, the "old money" rich who managed to keep their wealth for generations took an entirely different approach, largely avoiding debt.

u/HotTea9 · 1 pointr/fatFIRE

Try out this link as well: QOZ Book.

​

Help clarifies things a lot.

u/cb_hanson_III · 5 pointsr/fatFIRE

>It’s very hard to find a company that is going to provide both stability and great growth.

Couldn't I search directly for low volatility stocks (i.e. stock with low stock return volatility or low idiosyncratic vol)? This approach seems like a thing now (see this book, for example).

u/networkjunkie1 · 8 pointsr/fatFIRE

I have good news for you, they did update it the past year.

I read it and thought it was meh compared to the first one. I thought the first one spoke about how small business owners were mainly the millionaires, this one talks more about how there are more 401K millionaires out there.

https://www.amazon.com/Next-Millionaire-Door-Enduring-Strategies/dp/1493035355

u/just_say_n · 2 pointsr/fatFIRE

You're right about one thing -- I'm struggling to avoid advice from people who think one size fits all. It doesn't, and there's plenty of "smart guys" who agree.

https://esimoney.com/youve-won-game-stop-playing/

Russell E. Holcombe, You Should Only Have to Get Rich Once: How to Avoid Toxic Financial Advice and Focus on What Really Matters

u/JalelTounsi · 4 pointsr/fatFIRE

one way to accustom yourself to coding/algorithms and software engineering when you are not a software engineer is as an example by reading this kind of books

https://www.amazon.com/Algorithms-Live-Computer-Science-Decisions/dp/1250118360

About the IA thing, read this article: https://blog.safegraph.com/a-non-technical-introduction-to-machine-learning-b49fce202ae8

and if you want a more in deep reading about the AI, here's Google's articles about Machine Learning and AI

https://ai.google/education