Triumph Reviews
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Long, but good
Y'all said it: good but loooooong
A History Lesson in Tobacco
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Top Shelf (4 1/2 stars)
A GREAT ATHLETE WITH A DARK PAST
A GREAT LOOK AT THE GOOD AND BAD
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Very disappointing given the priceThis book was lacking in several respects:
1. The numbers behind the graphs are not provided and are not available so you cannot do any further analysis yourself. The graphs themselves are also drawn in such a way that it is hard to extract the numbers using a ruler.
2. The problem of survivorship bias. They claim that while the 16 countries analysed are an incomplete list (only 70% of world GDP in 1900), this is not a big problem, they feel. Their message that stocks do well in the long run supposedly remains intact, however they do not provide any solid evidence of this. The countries left out of course suffered terrible performance, with total confiscation of assets in most cases and major losses in others.
The countries left out include: Russia, China, Eastern Europe, Latin America. As an example, Argentina was the wealthiest country 100 years ago but was left out. They claim that their criterion for inclusion was the availability of data, but Switzerland was included even though the data is incomplete.
In my opinion, some attempt should have been made to adjust for this problem.
3. No assessment is made of the issue of capital controls etc as an impedement to implementing the world indexing strategy. It is simply assumed that equal dollar indexing could be implemented without any costs, and with no taxes.
All in all, this book fails to provide a realistic and convincing assessment of global investment returns in the real world.
Victor Niederhoffer uses this book to justify his bullishness on stocks, Sorry Vic, no cigar.
outstanding accomplishment
Triumph of the InvestigatorsIn answering these questions, the authors have achieved perhaps the greatest triumph: assembling a 101 year database from 16 countries that is free from the "easy data" biases that result from utilizing readily available--but skewed--financial information.
In the spirit of their title, the authors find that stocks worldwide provide real risk-adjusted returns above and beyond bills and bonds. Interestingly, their estimates of risk premia are more modest than those offered by traditional sources. They also provide intriguing support for seasonality effects and the favorable returns associated with high dividend yields, value investing, and worldwide diversification.
Quite simply, I know of no other source of information on the "big picture" of investing that is as thorough or as lucidly outlined. This is a rare work of theoretical *and* practical significance.

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A Pleasant ReadThere are a couple negatives in this book, first and foremost the gratuitous sex scenes. These include references to the Caliph's "maleness" -- I wonder if I could write about St. Peter being well-hung and get away with it? -- as well as the standard let's-sell-more-books type. The only other major minus is the problems with character development: namely there isn't much. But these are minor quibles, considering the obvious hurdle that the author overcame of getting a 21st century American audience to sympathize with a 7th century Muslim conqueror and stay relatively faithful to history.
Overall, I'd say this is a great starter book to read for those interested in learning about classical Islam, and as long as you don't actually practice the faith, you probably won't be offended.
Historical novel set in early IslamWith well-developed characters and a good story line it is a recommended read with the following reservations. First, this is a novel about very turbulent times and includes a lot of violence. If you don't like violence in your reading then this is not for you. My second concern is that readers understand that this is a fictional novel based on historical events at the beginning of the rise of Islam. The reader should enjoy the book as a novel and as a window to understanding that time period, not as a political commentary of modern day Islam. If you are able to do so then you will find it an interesting read.
Timely and Tantalizing
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A disappointing dance around a complicated topic
Advertising drives cultural evolution, so better enjoy it !Twitchell does take a close, inside look at culture of advertising and that in itself makes this book very valuable. He also makes an argument about advertising and culture. The unique memorability of advertising, acknowledges Twitchell, allows it to take on the function of shared cultural memory, and has therefore has inevitably replaced less memorable literature and science. This is a valuable if unoriginal insight, which many of the old-fashioned types refer to as the "dumbing down" of culture. But wait, there's more! The twist in AdCult is that Twitchell, while admitting that advertising culture is mindless and superficial, compellingly argues that this "dumbing down" is really a good thing.
It's good that we are inundated with superficially memorable images and phrases rather than literature and science? Yes, says Twitchell, and the old fogies who think otherwise just aren't getting it, they are mainly just feeling threatened by how advertising is "stealing their thunder." No, Twitchell is not some cyberpunk, he is (by profession) a university professor who did the research for this book in order to teach a class about advertising.
It's not that he never believed advertising was powerful, it was that he originally thought that power was a good thing, and then came to believe it was harmless anyway. Twitchell was apparently very impressed by advertising critics of the 50's like Vance Packard and Bryan Wilson Key, and took home the message that if advertising was so powerful, the advertisers must be doing something right. He later seems to have decided that advertising has lost most of its impact through constant immersion, familiarity, and increasing superficiality for ever wider appeal. So now, there is no reason to despise this aspect of culture which has redefined the way we speak and what we desire. Now it has become the source of our very substance, Twitchell argues, and bless it for that.
Twitchell characterizes pomo philosophers as intellectuals in a matter-of-fact way, while taking pains to point out how terribly quaint and old-fashioned are the culture critics who imagine there to be some basis for value in human life beyond what attracts our attention or feels good. Ed Hirsch's populist attempt to foster cultural literacy is to Twitchell hopelessly "whitebread." There is nothing of special value in what we traditionally think of as literacy. The main problem is that Hirsch's terms make hopelessly poor ad copy. Rather, Hirsch should have used phrases from commercial jingles as his basis for cultural literacy, since that's what really defines our culture at this time in history.
Twitchell reminds me a lot of the anthropologist who got too close to her subjects and couldn't report on them objectively any more. No, he doesn't see advertisers as kind, gentle, or noble savages. He accurately sees them accurately as promoting "commercial discourse" for a variety of self-interested reasons, including but not limited to trying to move products and create markets.
It is his view of culture that is wrong (or at least a collection of half-truths) and adopted from the twisted mindset of advertising culture. Twitchell completely ignores (or disavows?) any relationship between culture and the capacity for human thought. In the pomo tradition, he treats human thought as if it springs in final from individual heads, connected to each other by whatever arbitrary superficial ideas happen to be floating around and catching our attention at the time. In the advertising tradition descended from an idiot cousin of Freudian theory, he fully buys the argument that people are instinctively aquisitive but need to be told what to acquire by others.
More subtly, Twitchell encourages the view that cultural literacy plays no role in facilitating complex human thinking processes, except that it makes ideas "memorable" and that advertising is good because it does this really well. To discover why this view is wrong from a scientific perspective, a good start is Merlin Donald's "A Mind So Rare." Memory is certainly central to thinking, but literacy changed our minds in a very real and very fundamental way that is not independent of the content of culture, nor is it bound to Ed Hirsch's "whitebread" version of cultural literacy by means of key terms.
Put simply, humans are a symbolic species and the content of literate culture is part of what supplies the meaning of the symbols that enable us to think the way we do. We know that people don't think completely differently as a result of different kinds of cultures or languages. We can translate a great deal between cultures and still understand each other to a great extent. However the content of culture does play a central role in what kind of ideas are generated and accumulated over time, and so the path of cultural evolution.
Twitchell's conclusion that AdCult is superficial mind candy, but good enough for shared meaning, and his assumption that social order is independent of the content of culture (or even improved by superficially memorable images) will probably pass most people by without much thought in this slick advertising-like presentation. That powerfully supports half of the author's argument, that our minds do soak up slick memorable images like a sponge. It also reveals the dark side of Twitchell's perspective, the one that relentlessly wants to believe that there is nothing being lost except a few quaint stories.
thorough, comprehensive, good writing styleMr. Twitchell finds advertising a fascinating cultural phenomenon, the very bedrock of modern culture and I find that hard to deny. He interest prods him to go deeply into all sides of advertising and he seems at pains to deflate any pretensions about high art and culture, claiming that ads are to our time what cathedrals and the paintings of the old masters were to the Middle Ages. While this may be plausable, at least in the Middle Ages you could get away from the cathedrals and paintings now and then!
When you finish with this book you will have an almost encyclopedic knowledge of the field. The author goes into great detail about the industry and the history of advertising with plenty of illustrations you will recognize from TV and print.
He looks at the subject with wit and insight but doesn't attempt much examination of what ad saturation might be doing to us with it's direct attempt to guide fantasy to alight on the material.
He identifies every trick in the adman's book and believes we may be reaching a limit (my heart beats faster!) to advertising as the content of many ads now show irony in the message itself, a winking agreement with the targeted consumer that the whole act of selling through ads is psychologically bankrupt and no more than nonsensical entertainment...like the emperor having no clothes and clearly pointing it out himself while mugging and giggling for the amusement of all.
As Twitchell says, the link between advertising and sales has never been conclusively made. But that's OK because we claim an equally tenuous link between our rationality and our behavior. The only question is who is fooled more, the consumer or the advertiser? As knowledge and intellect fall back before feeling and fantasy, are we now in a very comfortable, convenient and attractive fools paradise?


A biography more suited to historians than thegeneral reader
Interesting, in a strange wayThe writing--ugh! The man has no sense of how to connect his various narratives together, how to build a sense of continuity, how to make us feel like we are really inside the events he is describing. He leaps back and forth in time at will, without bothering to explain why. He spends paragraphs or pages on picayune details, then leaps over giant topics with barely a word. And his politics--the man was an unrepentant Leninist! Time and again, he makes it clear that, if only the saintly Lenin had lived, all would have been wonderful in the worker's paradise. Only Stalin was a bloodthirsty monster--everyone else was a glorious revolutionary.
But I certainly enjoyed reading the book. The man knew a lot of the people who worked with Stalin. He saw how the Stalinist system worked from the inside. He has a lot of interesting things to say.
That makes up for the glaring flaws in this book. I just can't help but wonder what kind of book this could have been if Volkogonov had been a real writer, and if he had employed a real editor. And if, perhaps, his fog of naivety had been lifted and he could have dispelled the myth from his mind that the USSR was a good thing turned bad by a single man.
In short, don't expect a history or a biography. Expect a long, rambling monologue from a befuddled old man, who tends to confuse his stories, repeat himself, get lost in his train of thought...and occasionally drop out some bombshell anecdotes that make it all worthwhile.
the best book on Stalin, a timepiece, frame it
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A nice try, but much work is needed.Let's start with the errors. I'm convinced that the authors are little more than American DBZ viewers who have seen a Japanese episode once or twice. The information looks like it was copied directly from a website, complete with mispellings and all. The "biographies" are short, and rarely state anything meaningful or interesting ("Bra is the daughter of Vegeta and Bulma"). Yet another problem : Is it just me, or do poser magazines struggle to get real images? Numerous (100+) of the images in this book are terrible screenshots that are blurry, fuzzy, or grainy (Many so terrible you can hardly make out what it's a picture of).
The synopsis of Dragonball/Dragonball Z/Dragonball GT is not very good either. The author's have a rather snobby view of American fans and a high view of themselves who have, quote, "Seen the REAL version [of DBZ]". Pojo, get off of it. Not even the card game guide is good, with poor strategies and being very outdated. I'm not even gonna start on the pathetic 3-D images thing.
That said, I really do praise Pojo for trying. It's much better than anything Becket or some other magazine company has tried to put out. However, hopefully they will revise it, knowing that DBZ fans are one of the most difficult to please.
Here's the bottom line, for the type of people who would spend $9 on a magazine, I think they will be very pleased. Kids/Teens who are fans of the English version of Dragon Ball Z and are not picky about tiny details will be satisfied. I'm just warning those would consider this a valid source for information. In short, information accurate enough to satisfy those who don't know better, but not on par with some of the stuff that can be found on the internet.
Not an extremly good book
must havebe short but there just as good as any.why,theres 329 of them.
it also explains about all the sayian forms.a complete episode list for dragonball,z,gt.it also has a 3d section,cool!the only hard thing is not loosing the glasses after you use them.theres
lots of cool things in this book and more!the only dissapointment was it didnt tell you about dragonballs orgin,or how akirya toriyama got the idea to create dragonball,z.overall though its a great book.

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Good summary of leveraged recaps but poor on Goldman SachsAfter you learn the initial concept the book keeps repeating different recap examples.
We learn nothing of the broader view that Goldman takes in the 80's primarily because the author has no intimate knowledge of the firm --- he was a consultant on a couple of vague 'projects' involving Goldman.
[Reviewer has MBA in finance]
useful resource
Kind of a Neat Book
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Provocative look at the future of conflict
I'm the publisher of this bookAfter the attack on the U.S., our inventory of hardcover books was immediately wiped out. We are now bringing out a paperback edition of "Triumph of Disorder" through our imprint "McKenna Publishing Group" and look forward to Amazon.com selling it at a reduced price of $.... It has been updated with a new introduction by Morgan, and freshened a bit.....
Eric Bollinger
Publisher
Sligo Press/McKenna Publishing Group
A wake up for the West
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It got a little dry towards the end, and the whole indictment of the industry has gotten a bit repetitious; I suspect at the time the book was published the message was new, but the message has gotten old fast. (Yes, it's clear that they knew about the health issues, and yes, they did very little about it.)
Overall it's a good read, especially the first half. If you're at all curious about how the cigarette industry came to be, the book does a great job of describing the companies and personalities involved.