If you want to know all about mortgage backed securities, credit default swaps, and the lightly educated individuals who led most of their funds into...moreIf you want to know all about mortgage backed securities, credit default swaps, and the lightly educated individuals who led most of their funds into the ground, then this is the book. The stock market is fear and greed manifest, but there are enough highly intelligent bond traders out there that when a few greedy idiots in over their heads decide to invest in securities they don't fully understand someone will be there to take advantage of their hubris. An unregulated insurance market made possible by the privatization of the ratings agencies and their complicity in rating securities comprised of barbell shaped credit scores AAA cost the world economy at least $2 trillion. Four fund managers successfully bet against this insanity. One, Hank Paulson, wouldn't talk to Lewis, but the other tree, all of whom are very different personalities, get an in depth profile. (less)
Well worth the read, as the author details several medical topics with interesting stories from inside the OR. I learned things like: the reduction in...moreWell worth the read, as the author details several medical topics with interesting stories from inside the OR. I learned things like: the reduction in the frequency of autopsies is limiting medical advances; citing the wrong cause of death happens about 1/3 of the time, the same frequency as it did 40 years ago, despite the advances in nuclear medicine, imaging, etc.
If you blush too much you can have surgery to stop it all together. However, you won't be able to sweat above your chest any longer, so exercise will make your legs and stomach sweat like crazy.
Medical malpractice suits have little correlation to the doctor's overall ability. Every doctor makes mistakes, but thanks to the checklist getting implemented (similar to what pilots have) rates of preventable disease and death have decreased.
Algorithms are better than the world's best medical professionals in predicting heart attacks.
Inducing nausea is more effective than inducing pain if you want to bring someone down.
The medical profession is almost as bad as a teachers' union when it comes to getting ineffective and harmful doctors out of practice.
I most highly recommend the chapters "When Doctors Make Mistakes", "Final Cut" and "The Case of the Red Leg".(less)
This is a very useful book, not only for high-stakes negotiations but for everyday bargaining as well. Negotiation is a mixture of information, levera...moreThis is a very useful book, not only for high-stakes negotiations but for everyday bargaining as well. Negotiation is a mixture of information, leverage, and attitude. When different variations can and should be applied makes a ton of difference in each side leaving happy. Some quick hits in case you don't read this:
Ask tons of questions - making sure the other side gets what is important to them makes it easier for you to obtain what you value.
Change your approach depending on the stakes and the relationship - a one-time transaction, a spouse/family member, a merger, etc. - some call for accommodation more than others.
Don't lie, ever. Dodge the question if you feel it is disadvantageous to answer it.
Give large concessions on small matters, but only give small ones on large matters, and then only as part of an exchange.
Evenly split whatever synergies are created.
The better alternative to a deal you find, the more you can ask for.
Negotiating well is a good skill to develop because effective bargainers who play by ethical rules create situations that make everyone better off. I really recommend this book for personal development.
A tremendously important book, illustrating how a confluence of societal changes involving agriculture, pharmaceuticals, immigration, and the decline...moreA tremendously important book, illustrating how a confluence of societal changes involving agriculture, pharmaceuticals, immigration, and the decline in middle-class jobs in small town America led to the explosion of a drug that allows a person to work without rest or food, and that causes premature aging, wild mood swings, and contamination of any area in which it has been consumed. This a 4.25 star book and I highly recommend it for a very insightful analysis of how meth rose to prominence and has since evolved into a national scourge, especially in rural locales like Oelwein, Iowa.(less)