The World's Best Book Summaries
How did Sam Bankman-Fried get rich? What drove him to make money? Sam Bankman-Fried quickly became one of the wealthiest individuals in the world. Biographer Michael Lewis details how Bankman-Fried found financial success in his first job at Jane Street Capital and his first two companies—Alameda Research and FTX. Continue reading to learn how Sam Bankman-Fried became wealthy.
What did Sam Bankman-Fried do with his millions and billions? What did think Donald Trump might do if he gave him $5 billion? Sam Bankman-Fried quickly became one of the world’s wealthiest individuals. Biographer Michael Lewis says Bankman-Fried used his money in three main ways: Lobbying politicians to further his business interests, donating money to mitigate existential threats, and minimizing the influence of Donald Trump. Continue reading to learn about Sam Bankman-Fried’s donations.
How did Abraham Lincoln’s faith inform his view of the Civil War? How did the Emancipation Proclamation contribute to the Union’s war effort? The American Civil War dominated Abraham Lincoln’s presidency. Historian and biographer Jon Meacham discusses Lincoln’s motivations and actions during the war, covering in particular the Emancipation Proclamation, the Gettysburg Address, and the war’s beginning and end. Keep reading to learn about President Lincoln and the Civil War.
Why did FTX collapse? What happened on Twitter that got the ball rolling? How did Caroline Ellison make matters worse? Although Sam Bankman-Fried’s cryptocurrency empire skyrocketed in just a few years, its demise was far more sudden and dramatic. Michael Lewis provides an account of the downfall of FTX in his book Going Infinite. Read more to learn how three events on November 6, 2022, led to FTX’s collapse within days.
How much money went missing from FTX? Has the mystery been solved? In Going Infinite, financial journalist Michael Lewis provides a rare glimpse into the inner workings of Sam Bankman-Fried’s astounding rise and fall. Lewis shares what’s known about billions of dollars that went missing, including what Bankman-Fried told him about it. Read more to learn about the mysterious case of FTX’s missing money.
Updated March 28, 2024 Did Sam Bankman-Fried commit fraud? Did his customers’ money truly end up in someone else’s pockets? Sam Bankman-Fried’s financial empire crumbled in November 2022 when FTX lost nearly $10 billion of its clients’ money. Although he’s charged with various counts of fraud, financial journalist Michael Lewis suggests that the case against Bankman-Fried is less damning than outsiders believe. Keep reading to learn two reasons why Lewis questions Sam Bankman-Fried’s fraud charges.
Is the freelancing life for you? What can you learn from others who’ve made the switch? Like most people, Paul Millerd was taught to place conventional, full-time work at the center of his life—but it made him miserable. Now, he’s a freelance blogger, consultant, career coach, and online course creator—and he’s much more satisfied with his life. Keep reading to get informed and inspired by Millerd’s story.
What’s determinism? Why does Sam Harris adopt this philosophy? Does it necessarily imply fatalism? According to Sam Harris, determinism is the way the world works: We don’t (and can’t) have free will. Like other determinists, he believes that what we feel about our agency misleads us; what we experience when we’re thinking about a decision doesn’t indicate the true causes of our thoughts and actions. Read more for Harris’s explanation of the determinist perspective in the debate over free will.
What did Elon Musk study in college? Why didn’t he get an advanced degree? How did he become a millionaire? From the start, Elon Musk intuited a path that would align his skills and interests with his later successes in life. He used a solid educational grounding to create not one, but two successful software companies that propelled him to millionaire status. Read more to learn about Elon Musk’s early career.
What was Elon Musk’s childhood like? How did he start his career? What’s his management style? Walter Isaacson followed Elon Musk around for two years, gaining intimate access to his thoughts and activities. He interviewed those closest to him, including people now cut off from Musk’s circle. Musk exerted no editorial control, letting Isaacson draw his own conclusions. Continue reading for an overview of Elon Musk by Walter Isaacson.