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The Algebra of Wealth
- A Simple Formula for Financial Security
- Narrated by: Scott Galloway
- Length: 8 hrs and 29 mins
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Publisher's Summary
AN INSTANT #1 NEW YORK TIMES BESTSELLER
A must-have guide to optimizing your life for wealth and success, from bestselling author, NYU professor, and cohost of the Pivot podcast Scott Galloway
Today’s workers have more opportunities and mobility than any generation before. They also face unprecedented challenges, including inflation, labor and housing shortages, and climate volatility. Even the notion of retirement is undergoing a profound rethink, as our lifespans extend and our relationship with work evolves. In this environment, the tried-and-true financial advice our parents followed is no longer enough. It’s time for a new playbook.
In The Algebra of Wealth, Scott Galloway lays bare the rules of financial success in today’s economy. In his characteristic unvarnished, no-BS style, he explains what you need to know in order to better your chances for economic security no matter what. You’ll learn:
- How to find and follow your talent, not your passion, when making career decisions
- How to ride and optimize big economic waves (hard truth: market dynamics always trump individual achievement)
- What small steps you can take that pay big returns later, including diversification and tax planning
- How stoicism can help you minimize spending and develop better financial habits
Brimming with wise, game-changing advice from one of the world’s most popular business school professors, The Algebra of Wealth offers a powerful framework for making the most of what opportunities come your way.
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What the critics say
“Profoundly insightful and a joy to read. Few explain complicated topics better than Scott Galloway.”—Morgan Housel, New York Times bestselling author of The Psychology of Money
“The decisions you make at the beginning of your professional life have a compounding impact on your chances of success, and this invaluable guide will steer you toward an optimal outcome.”—Annie Duke, bestselling author of Thinking in Bets
“The Algebra of Wealth is a book that is about far more than investing and wealth. It’s about how your life choices play out in your financial standing and wealth, and Scott delivers his lessons with humor and panache. I cannot recommend it strongly enough!"—Aswath Damodaran, professor of finance, Stern School of Business, NYU
What listeners say about The Algebra of Wealth
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- miles clyne
- 2024-05-20
indepth knowledge of financial management.
Good information, very specific and indepth. Reader will have to do quite a bit of additional work to put completed book into practice, author makes this clear.
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- Chris
- 2024-05-23
Great book for folks interested in building wealth - the Smart way.
this was a very good book given that I’m a big fan of Prof G. A lot of the information presented in the book was very true and accurate. Although, I did find that some of the points were better suited for folks that were not yet financially savvy. given that I’m an investment professional, I did find that some of the financial points were a bit simple for my liking. Although I wouldn’t hesitate to refer friends and family to read this book to increase their financial literacy. Scott starts from the ground and build his way up to make the points easier understand for the average Joe. if you’re looking to begin the process of getting wealthy and need a roadmap this book I think is for you. That being said, I would rate the book an A+.
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- JC
- 2024-05-05
Sensible for 2024
This is a good book, a lot of repackaging of age old, common sense ideas. Would recommend especially for young people who don’t understand money. As a Canadian reader, it would have been great to have some translations to RRSPs & TFSAs but that might be a can of worms to accommodate non American listeners.
Thanks Prof G!
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2 people found this helpful
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- Karie Legg
- 2024-08-24
Incredible storytelling combined with expert advice
Scott’s passion shines through throughout this entire book. It’s refreshing to see a strong and compassionate male role model that young men can aspire to.
This book features great financial advice that is applicable to almost everyone. I would highly recommend this book.
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- Ryan
- 2024-06-19
Great advice if you can start investing in the 1990s
If you we born in the 1960s and are now in your 20's or 30's, this book will offer you a clear path to financial stability (through one of the most prosperous periods in human history) However, if you're looking to build wealth in the future, you'll find this book less helpful.
The author managed to amass become a multimillionaire (though he's vague as to how) while participating in 3 decades of immense economic growth and doesn't ever mention that his approach may not work as well for future generations. He's not wrong, but maybe simplistic.
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1 person found this helpful
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- Christopher Furgala
- 2024-05-04
Deeply inspiring
As a man that just turned 40, in the first 1/3 of his wealth journey, this book was probably the first place I've heard a no nonsense roadmap of where to go in today's climate. The epilogue is something to stand in awe of.
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- Steffany Demell
- 2024-08-16
unsensational and rational advice.
Give this book to someone in there 20s. it will do wonders for that person in there 50s. too much garbage on tik tok or youtube aimed at them for them to make it without this advice. Scott is one of my new life guru's.
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- Anonymous User
- 2024-09-05
Great advise
Solid all around useful information. Cut to the point and relevant to our times words words words
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- Natanael Silva
- 2024-10-23
Real good advice with good writing and a soul
Nothing really. I like Galloway’s writing style, and his book simplifies concepts and brings a good strategy that works for regular people.
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- Romeo
- 2024-06-23
information that you can everywhere else
benine information and information that has no value. waste of time for me personally. the author spends a great amount presenting basic financial management topics which is annoying
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1 person found this helpful