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the Vault Career Guide to Investment Banking.... The Vault guide includes more
detailed overviews of all the departments and functions of an investment
bank including corporate finance, M&A, sales, trading, private client
services, credit, etc. If you are a job seeker in investment banking
also try the Vault Guide to Finance Interviews, which contains actual
investment banking finance interview questions and answers and which I
found to be enormously valuable in my Wall Street job search.
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With their love for laboring families and the doulas who help them, the authors make reading about doula research enjoyable. Their words of wisdom help families who are thinking of choosing a doula and also women who are thinking of becoming doulas. Required reading for all who are interested in doulas!
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Though most of the stories don't bridge the gap from the teller's personal interest to valid story telling, there are two exceptional pieces that belong in any first rate short story anthology.
They are "The Warriors," by Sherman Alexie, and "What Pop Fly Gave His Daugher," by Lynda Berry. These are excellent works. They are powerful, moving, informative, wonderful stories that happen to include baseball. Sherman Alexie brings humor, the quixotic mine fields of emerging adolesence, core questions about pecking orders, and schooling on and off the reservation in an engaging, entertaining, and authentic manner.
Lynda Berry offers a story in the life of a girl/emerging woman as she finds a way to deal with a near intolerable family. We are are shown a glimpse of the confusion and agony of this girl, and her determination and reslience as she survives and comes to grips with her noncaring and self-centered father. It's an excellent and informative read. And yes, baseball gloves, even if they only cost $.59, can work magic.
The remaining seven selections are meanderings of minimal interest. They are dull, and in the same breath as extolling the life virtues of baseball they tend justify ugliness and/or reflect/validate a sad personal perspective.
In "God's Tourney," Robert Leo Heilman treats American Legion regional playoff baseball with the devout obsequiosness of a budding acolyte of the true religion. He gives us a lot about being good enough, the quirks of the game, the usual about how baseball makes better people of those who play it, and becomes positively reverent when describing the hallowed ground of the Roseburg field. Seemingly unaware of the contradiction, he then plays the reality card: the very non amateur baseball commercial concessions necessary for legion ball to survive are dismissed as just a part of big thing called life. The official car (Buick), and so on. No dealing with reality and the obvious: you can't make nice something that isn't. Instead of letting the obvious just lie there, the author tries to validate it and somwhow attach it to the glow of those beautiful 600 wooden seats.
In "From the Church of Baseball: Different Hymns," by Timothy Eagon we have the modern blow up of all the coaches and parents who never figured out the value of games for children. While he does profess to come to some sort of epiphany at the end, he can't get past his obsession, not passion, about the game and "life."
From some dark recess he rails about the pathetic nature of T-ball and coach-pitch, everybody-is-a-winner stuff that is peddled at the lower ages. His squad is made up of nine year olds. He continues about how reality comes early for these kids - his team, which includes his daughter - about the pain the kids felt when Griffey broke his wrist running down a deep drive, or Ayala's "closings." He tells us that these kids know grit, triumph, and agony, and rambles on in a debasing monolouge, ending with "self-esteem, schmelf-esteem."
9 year old girls (and boys) just don't agonize over these things, unless they are tactical survival techniques for life at at home. With any luck, children at this age are encoureaged to learn and discover, allowed to be kids. The grit and agony too many of them know are obscene expectations to be adults by the age of nine, to validate adults instead of being validated by them, and to be bludgeoned into equating a hollow concept of "being a winner" with being valued. A quick look at the courts and social services shows us what too many 9 year olds, and younger, know about the agony of despair and abuse. That's real. Ayala and Griffey are nice diversions.
It's the game that's the thing, it's the game that rich and rewarding, unlike all but two of this collection.
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Perhaps on a coffee table...... only set out after some wine, should these "fables" be read again.
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I'm so grateful that I checked this book out of the library rather than spending good money on it. My advice: Almost any other basic personal finance book would serve you better than this one. A couple of good ones that deal with the emotional and the practical aspects of financial planning are Suze Orman's, Ruth Hayden's, and Jerrold Mundis'. Don't waste your time with this one.
By contrast, this book focuses your attention in every possible direction, and probably overburdens you with detail in many areas where the benefits will be negligible for you.
Since the book does not focus you properly for your situation, you'll have to use the book differently than it is written to get full benefit from it. The advice is fine, just not organized to be the most helpful to you.
My suggestion is that you read the whole book first fairly quickly, making notes about how much financial benefit you think you will get from the more beneficial subjects, how much effort will be required to get that benefit, and your level of enthusiasm for pursuing that item.
Before going further, then think about other ways that you could increase your income. Add them to the list. The main content weakness in this book is that it emphasizes reducing risk with insurance, cutting costs and taxes, and increasing investment income. The book pays almost no attention to other ways to increase your income other than by adding a new skill and changing jobs.
Then count off about how many items look attractive to pursue, and pick the top 10 percent or so in value and attractiveness to you to start with. You will probably get 50 to 80 percent of the total benefit from Mr. Loeb's advice from these few items. Work on them first.
When you find that you have excess time to take on a new item, then add the next highest item for value and attractiveness.
At whatever point you've increased your income and cut your costs to be able to afford a fee-based financial planner to work with you, do so. Then in the process of working with that person, other high value opportunities will probably arise. The book advises you to do this also, but not until week 26. By then, most people will have stopped working on this enormously long list of things to check out, and you may never get around to getting that personalized advice.
Let me mention that Mr. Loeb is the former managing editor of Fortune and Money magazines, and did a terrific job at both places. He is very knowledgeable, thorough, and trustworthy. His advice is far more valuable for implementing what you need to do than many popular advisors like Ms. Orman.
He does not, however, pay any significant attention to the psychology of why people do the wrong things with their money. Most financial advisors tell me all their clients know what they "should" do, but don't do it anyway. I suggest that you also seek out books that consider that topic. "Rich Dad, Poor Dad" is a good basic book that most people can relate to. On cutting costs, reducing debt, and starting to invest, you will probably find "The Finance Doctor" easy to understand and apply.
My primary suggestion is that you take the goal-setting parts of this book the most seriously. But I would encourage you to expand that goal-setting to include all parts of your life. "Awaken the Giant Within" is a good resource for that purpose.
May you find peace of mind along with a fuller wallet . . . and the time to enjoy both!
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