The Best Selling Business Books Of All Time

Title	Published	Estimated sales	Nielsen data (since 2001)
How to Win Friends & Influence People	1936	15 million	2.27 million
The 7 Habits of Highly Effective People	1989	10 to 25 million	2.18 million
Rich Dad Poor Dad	2000	4 million (as of 2004)	6.99 million
Steve Jobs (hardcover edition)	2011	3 million	1.74 million
The Art of the Deal	1987	1 million	177,000
Competitive Strategy	1980	NA (60 editions)	71,000
In Search of Excellence	1982	3 million (as of 2001)	54,000

Source:
http://www.politifact.com/truth-o-meter/statements/2015/jul/06/donald-trump/donald-trumps-art-deal-best-selling-business-book-/

Life is like a book

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The Power of Positive Thinking ~ Norman Vincent Peale

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Are Capitalism, Objectivism, And Libertarianism Religions? Yes!: Greenspan And Ayn Rand Debunked

Trade Like Warren Buffett

Did you know that Warren Buffett investment strategy isn't limited to his Buy-and-Hold forever gospel that he wants you to believe?

Did you know that Warren Buffett started as an hedge fund?

Did you know that Warren Buffett is also an accomplished currency trader?

Serial book writer, blogger, hedge fund manager, chest master James Altucher explains all of the above statements and more in his book 'Trade Like Warren Buffett'.

One word to describe this book. Fascinating!

The One-Minute Zillionaire

http://www.pumpupyourbook.com/2013/02/25/pump-up-your-book-presents-lowell-christensens-the-one-minute-zillionaire-book-blast-%E2%80%93-win-25-amazon-gcpaypal-cash/

Phil Ivey poker book

The analysis of Phil Ivey poker playing style

"I'm a firm believer in learning the game by playing the game."  

                                                               -- Phil Ivey

Phil Ivey is rightfully considered as the most dangerous, most feared, and the best poker player in the world. Phil Ivey is universally recognized as the absolute best all-around poker player in the world.  No Limit Hold'em, Pot Limit Omaha, 7 Card Stud, 2-7 Draw Lowball, mixed games, H.O.R.S.E., ring games, heads-up, cash games, tournaments, online or live...  Phil Ivey is a master of all crafts.

Phil Ivey has won 10 World Series Of Poker bracelets,
1 World Poker Tour title
and appeared at 9 World Poker Tour final tables. 

World Series of Poker bracelets

Year	Tournament	Prize (US$/A$)
2000	$2,500 Pot Limit Omaha	$195,000
2002	$2,500 7 Card Stud Hi/Lo	$118,440
2002	$2,000 S.H.O.E.	$107,540
2002	$1,500 7 Card Stud	$132,000
2005	$5,000 Pot Limit Omaha	$635,603
2009	$2,500 No-Limit 2-7 Draw Lowball	$96,367
2009	$2,500 Omaha Hi/Lo / 7 Card Stud Hi/Lo	$220,538
2010	$3,000 H.O.R.S.E.	$329,840
2013A	A$2,200 Mixed Event	A$51,840
2014	$1,500 Eight Game Mix	$166,986

An "A" following a year denotes bracelet(s) won at the World Series of Poker Asia-Pacific

World Poker Tour Titles

Year	Tournament	Prize (US$)
2008	$10,000 L.A. Poker Classic	$1,596,100

Phil Ivey is also the best Fixed Limit Hold' Em poker player alive.



Further proofs: 

- Phil Ivey won $16,600,000 from billionaire banker and heads-up limit hold'em expert Andy Beal in 2006.  
- He won over two million dollars from Hoss_TBF, who many pros think is the best FL player.
- After facing Phil Ivey in a serie of FL heads-up matches, the German nosebleed high stakes online Limit Hold'Em specialist 'IHateJuice' Kagome Kagome declared: "Phil Ivey is the final boss in Fixed Limit heads-up" 

IHateJuice: "Phil Ivey is the final boss in Fixed Limit heads-up"

So analyzing the playing style of Phil Ivey is a necessity here, on the only serious website entirely dedicated to Heads-Up Fixed Limit Texas Hold' Em Poker.

Here are a few points to resume and explain the poker playing style of Phil Ivey.

Hyper-aggressive maniac

Phil Ivey playing style have been labelled as maniac by poker expert.  His style is hyper aggressive.  

Some criticizing his HULHE style. Read the following criticisms about his playing style that I've found all over the web: 

He makes a big fundamental mistake against them: he reraises quite a lot pre-flop out of position, from the big blind. Since his style is based on continuation bets automatically on the flop and turn, no matter what hits.... 
The German specialist never reraise the big blind pre-flop and always play position...
But he should practically never reraise against those dudes pre-flop, check the flop automatically, and reraise post flop if he likes the board / his cards, exactly like he plays HU Omaha 8 in the last few days (masterfully I might add). He will also get more value when he hits something. You rarely hit well in HU limit holdem, so it's basically a game of position.

Raising in the big blind with shitty hands like K4, Q9, A6, etc ? it will bring him nowhere, even if usually he has more than 50% pre-flop, never reraise pre-flop out of position...  Once he corrects this fault, his edge (over anyone) in feeling strength and weakness and value betting will allow him to beat them more often than not.

That is probably a profitable strategy against most players that are scared to create big pots all the time with marginal hands.

Phil Ivey is $100 Million rich off poker exclusively. So, he must do something good!

I will certainly not criticize the best poker player in the world. Nonetheless. it is always interesting to see what some "experts" have to see about him. By the way, reading their analysis was a good way for me to learn more about Phil Ivey's playing style.

Tilt Control / reverse hit-and-run

A maniac with tilt control.  Yes it is highly possible to be an hyper aggressive maniac and have tilt control.  Phil Ivey's aggression is , just as any successful aggros.  You can't be that successful just by being a raising lunatic.

This may surprise those who do not know it, but Phil Ivey is the king of “stop losses” online. Ivey refuses to play after losing a certain number of buy-ins which can be as low as two. This commitment to only playing when winning is a big part of why Ivey has been the number one earner in online poker history despite playing about 10% as much as players such as Dwan, Galfond, and CTS. Ivey does not succumb to tilt, he merely turns off the computer and comes back at a different time when he is more focused.

When asked about the "hit and run" strategy, Phil Ivey said: The only time I think this strategy makes sense, is in the “reverse hit and run”  Phil Ivey frequently used at the super high stakes heads up games at Full Tilt Poker. Whenever he would lose one buy-in, he would immediately sit out and end the session. Whenever he would win, he would keep playing for an entire session unless he ever ended up -1 buy in again. This let him book very large wins, but never large losses. He didn’t always stick to this plan though and I can point out a few obvious faults, but it sounds like a good way to avoid large tilt losses against the best players in the world at the highest stakes.

The important thing to note is Ivey leaves fairly quickly when he is having a losing session.  On the other hand, when hes winning, the opponent ends up playing a lot longer.  But most impressive thing about Ivey is, not only is he very good, he also has restraint to leave when he is losing. Especially since he has the biggest bankroll and therefore, it would be so much easier for him to continue playing.

Zero tilt factor for Ivey

On the flip side, Phil Ivey will ride out a winning session until he's too exhausted to continue. 

Phil Ivey's maxim is that if he's winning he won't leave the table until he has all of the chips or he is too exhausted to play any further.
http://www.pokerlistings.com/strategy/the-poker-lifestyle-will-it-wreck-you


Money / Bankroll 

As said on forums, playing any form of heads up against Phil Ivey is suicidal. He is like a casino in that he will never run out of money. 
He got the bankroll advantage over everybody. 

 
Phil Ivey earned over $13,800,000 in live tournaments which helped him build his mammoth poker bankroll. Some people have estimated that Phil Ivey is currently worth around 100 million $ with around 25-35 million dollars belonging to his poker bankroll. Phil Ivey have so much money that he once forgot he has 750000 dollars in chips stashed away in a casino.  This guy can’t be short of money.  $$$$$$$$$$$$$

Phil Ivey net worth = 100 Million bucks

Dedication / obsession = "10,000 hour principle"

Like any highly successful individual, Phil Ivey's success come with a price.  Read the following:


Phil first showed interest in poker at 8 years old when his grandfather used to play card games with him. His grandfather would cheat a lot to show the 8 year old Phillip the risks of the game and to discourage him from gambling. 

However, it had the opposite effect on Phil Ivey: he got more and more interested in the game of poker, and when he was in his early teens he had already decided that he would become a professional poker player. 

He started playing for cash in home games when he was 16. Two years later, despite the fact that he lived outside Atlantic City, he managed to get hold of a fake ID with the name Jerome Graham so that he could play in the casinos in Atlantic City. He was known as 'No Home Jerome' because he was frequently staying there and rarely went out. These were the times when he often lost a lot of money. Eventually, he improved his game and started getting better.

He has been a professional since he was in his early 20's, and won a bracelet in early 20's. So now he's been a pro for over a decade...

Plays at the Bellagio, for up to 24 hours straight, against the world's best players.

On top of that, he says he thinks about the game relentlessly, he thinks about the game before he goes to sleep, and when he wakes up in the morning.

He has always played a very loose style of play, so it gives him a lot of experience, since he knows almost every situation.

He still says that to this day, he is learning a lot about poker, and learned 5 new things during this years wsop main event, that has made him an even better player. He also says he spends time analyzing past hands.

But on top of that, he says that he can think well, and put himself in other people's position well. He knows how to play the situation and the people, and can successfully play a wide range of hands. He can accurately assess what other people are thinking, how they think they way they do, why they think that way etc.

He is an expert at all types of poker, from limit 7-card stud, to no limit holdem, so he certainly brings skills from one form of poker to the other (actually, none of his bracelets are in holdem).

HE said during an interview that he played practically everyday, 12 hrs a day for 5 yrs.

You can resume this point in one sentence.  
The "10,000 hour principle" = raw experience and pure volume of play. 

The "10,000 hour principle" is explained in the book Outliers by Malcolm Gladwell.

 

Perseverance

Phil Ivey wasn't always the best player in the world.  "The Tiger Wood of Poker" encontered hard beginning.  In fact, I know it seem unbelievable but Phil Ivey was a fish in his early poker days in Atlantic City.  He says in his interview(s) that he (and later with his wife Luciaetta) was so broke that his electricity was turned off at times because there where months he couldn't pay his bills.

Never forget this word.  Perseverance.

Overall

Someone (Joey2714) on the twoplustwo forum resumed the greatness and superiority of Ivey in a few words.

Zero tilt factor, incredible concentration and ability to pick up on and relentlessy punish opponents who show weakness.

On the same forum post: ...it's really about skill, with experience, with the ability to play loose aggressive, and be very accurate with his reads and betting patterns recognition. Controlling the situation, and knowing what to do in most situations. Fearlessness, and the willingness to risk his chips on bluffs if he can sense weakness. With all of his knowledge from all forms of poker, he has a lot of knowledge and experience to draw from.

Plus, he's probably very much a natural. 

Ivey gets MAXIMUM value out his his hands, and has an extraordinary ablility to put his opponent on a hand. Saving one big bet, or earning one extra big bet.

He seems to be paying attention to everything, absorbing every bit of information that the other players give him.

Once voted "most feared player" by readers of a national poker magazine.  The reason Phil Ivey is the scariest poker player in the world is because when he’s reading you, it seems like he’s looking into your soul. Not only is he looking into your soul, but he’s opening it up and observing and calculating every detail. You can’t bluff him or win big pots off him. It’s just not going to happen; he knows what you’re doing. 

Why is Phil Ivey so good?

a) strong work ethic and competitiveness
b) tons of experience (which naturally breeds skill)
c) doesn't tilt
d) doesn't fear losing money
e) his reputation induces fear into weaker players

 



Some people on online poker forum resumed his style as following.

Phil Ivey's HUHU strategy:

Step 1. Raise preflop in position
Step 2. C-bet on the flop 100%
Step 3. ???????
Step 4. Profit


Phil Ivey's HUHU FL HE strategy:

Step 1. Raise pre-flop in position
            Raise pre-flop in the big blind with (1:1)
            Ax, Kx, Q3s, Q6, J8, T7s, T9, 98s, 33+
Step 2. Continuation bet on the flop and turn 100% of the time
Step 3. Leaving after losing one buy-in
            Keep playing when winning
            

Why is Phil Ivey so good?

a) hyper aggressive
b) incredible focus and concentration
c) Phil's reads. Uncanny ability to detect and exploit opponents's weaknesses and betting patterns
d) zero tilt factor
e) intimidating and fearsome
f) unlimited bankroll

When you face Phil Ivey in Heads-Up Fixed Limit Hold' Em poker...

You going down!

http://www.thehendonmob.com/poker_tips/dont_read_this_tip
http://www.sitandgoplanet.com/multitable/mtt_strategy/Phil-Iveys-Tournament-Strategy.html

http://forumserver.twoplustwo.com/18/high-stakes-limit/would-phil-ivey-daniel-negreanu-underdog-stars-high-limit-holdem-cash-games-1137529/
http://webcache.googleusercontent.com/search?q=cache:DnaN8Y42Kq8J:www.highstakesdb.com/forum/PrintTopic552973.aspx+&cd=1&hl=en&ct=clnk&gl=ca
http://www.flopturnriver.com/poker-strategy/the-6-000-000-poker-player-19729
http://www.pokertrikz.com/videos/trikkur-19/
http://www.pokerbankrollblog.com/how-did-phil-ivey-build-his-poker-bankroll.htm
http://en.wikipedia.org/wiki/Phil_Ivey
http://forumserver.twoplustwo.com/15/poker-theory/why-phil-ivey-so-good-605849/

 http://www.poker-babes.com/bio/phil-ivey/
http://pokerroomreview.com/articles/7271-phil-ivey-king-of-poker/
http://www.pokerlistings.com/poker-hand-of-the-day_the-big-game-phil-ivey

http://www.partypoker.com/blog/featured/top-5-high-stakes-poker-players.html

http://www.pokerlistings.com/strategy/the-poker-lifestyle-will-it-wreck-you
http://luckoftheirishcasino.net/Phil-Ivey.html

JR Ewing Quotations

The Poker MBA

The Poker MBA: Winning in Business No Matter What Cards You're Dealt

 Greg Dinkin (Author), Jeffrey Gitomer

Take a look at the amazon.com book description:

The world of poker is the real world. Risk and reward are measured every second of the game. The same is true in business. An MBA is a nice credential, but the first step to business success is knowing how to read others, when to bluff, and when to walk away—no matter how high the stakes. The same is true in poker.

In The Poker MBA poker professional and MBA Greg Dinkin and bestselling author Jeffrey Gitomer show you how to apply the skills acquired at the poker table to all levels of business. By using the principles outlined in this book, you will achieve an edge over your competition and learn skills that aren’t taught in a traditional business school program. Shrewd poker players and their business counterparts are not born that way—they learned their craft, and you can, too.

There is no better training ground for business than a poker game, where your ability to think strategically and make split-second decisions determines whether you cash out a winner. A world-champion poker player like Amarillo Slim and a world-class businessman like Bill Gates each possess the same set of skills. Both men are:

* Strategic thinkers
* Shrewd decision makers
* Adept at reading others
* Able to recover from a loss
* Good enough actors to “fake it” and win—they can bluff

Whether you are an intern, a department manager, a salesperson, an entrepreneur, or the CEO of a major company, basic poker skills can be used to add to your business success. By understanding winning poker strategy, you’ll learn how to read people, close deals, negotiate contracts, motivate employees, build a brand, create customer loyalty, and make day-to-day business decisions that will contribute to your bottom line.

The Poker MBA takes you inside the high-stakes world of poker to show that winning at poker and winning at business are one and the same. Through the lens of poker, readers will learn sophisticated concepts such as expected value, regression to the mean, and discounted cash flows—all in a format that is entertaining and easy to understand.
If you see things from the perspective of others, the odds will fall in your favor, and you will be a winner in the long run. This book shows you how to use the traits of a poker professional to become a better risk taker and decision maker in order to profit more in business.

A poker book? Sure.

A business book? Absolutely.

But more important, The Poker MBA is a money book. Read it and you will improve your ability to think and execute so that the odds stay in your favor and you leave the game a winner.

http://www.thepokermba.com/
http://www.thepokermba.com/pages/intro.html

Al Capone business how to

Al Capone was taking in about $105,000,000 a year in revenues in the 1920's, or about 1.4 billion in today's dollars.

At 21 years old, he was an unknown bartender and bouncer. But by the age of 28, he was one of the richest and most powerful gangsters in the world. From these days, his name will forever synonymous with the word gangster.

It is estimated that by 1929, Al Capone's income from the various aspects of his business was $60,000,000 (illegal alcohol), $25,000,000 (gambling establishments), $10,000,000 (vice) and $10,000,000 from various other rackets. It is claimed that Capone was employing over 600 gangsters to protect this business from rival gangs.

Here is a very interesting text by Jeanette Mulvey, (BusinessNewsDaily Managing Editor)

Business Advice from Uncle Al ... (Capone, That Is)

Al Capone might not have been your typical entrepreneur. After all, he was convicted of tax evasion and was actively involved in prostitution, bribery, smuggling and selling illegal booze. But just because his business wasn't legal doesn't mean Capone didn't know a thing or two about running a successful operation. In fact, Capone owned more than 300 businesses and knew how to get things done and command respect and loyalty from his employees.

In fact, Capone's business acumen may well have been one of his greatest assets, according to Deirdre Marie Capone, Al Capone's grandniece who lived in the house of her famous (and favorite) uncle. Capone, the last member of the family born with the Capone name, authored an explicit memoir that details her efforts to hide the fact that she was related to Capone and recounts her decision to eventually embrace her name and family history.

The book, "Uncle Al Capone…The Untold Story From Inside His Family" (Recap Publishing, 2011), tells many never-before-known facts about this iconic figure's life, death and business dealings.

In the book, she recalls what life was like as a child growing up in the Capone household and shares fond memories of the man who taught her to ride a bike, swim and play the mandolin. 

Capone said she knows what the "family" was really like, and what the "outfit" was all about. In her tell-all book, she shares details untold until now, including her claims that that Ralph (Al's older brother) and Al Capone lobbied the Nevada legislature to legalize gambling, alcohol and prostitution in that state; that they were the owners of the first upscale casino in Las Vegas way before Bugsy Siegel came to Vegas, and what really happened in the St. Valentine's Day Massacre.

In an exclusive interview with BusinessNewsDaily, Capone gives us some business tips that could have come directly from her notorious uncle.

• You're only as good as your word. Al Capone ran a very efficient business, she said. He taught every person who worked for him: "Your word should be your bond."
• Remember where you came from.When Al Capone saw one of his employees strut around acting like a big shot, he would tell him: "Don't let your head get too big for your hat."
• Be honest with your business partners. Ralph and Al Capone needed to give orders just once to the employees and they were expected to do their jobs correctly. Al Capone would instruct them, "Don't lie to the people you work for."
• Remember, it's never easy. Al Capone at one time ran more than 300 different establishments. When a reporter wrote about how easy it was for him to make money, he was quoted as saying. "Find out what it's like to run a business and meet a payroll."
• Earn your customers' loyalty. Al Capone supplied good quality alcohol to the citizens in Chicago from 1920 to 1931 during Prohibition. He was quoted by a reporter as saying "Be loyal to friends and invincible to enemies."

Source:
http://www.businessnewsdaily.com/2049-al-capone-business-advice.html

Here is another interesting text named Mob Movie Lessons: The Untouchables published by Mr. Mafioso on Askmen.com

A kind word and a gun

In The Untouchables, Capone says: “You can get more with a kind word and a gun than you can with just a kind word alone.” This statement is the foundation of Capone’s kingdom. He ran Chicago and he took over the bootlegging racket because he was feared. I’m not saying violence is the answer, but what I am saying is that a Mafioso is feared. In the movie, Capone blows up a bar that wouldn’t buy his beer. What do you think the next bar owner is going to do? He’s going to buy Capone’s beer because he fears him. You don’t need to blow anything up, but people gotta understand that you mean business.

Bribe if need be

Another trademark of Alphonse Capone that was shown in The Untouchables was his success in bribing city officials. He knew where and when Eliot Ness was going to organize a raid because half the city’s police force was on his payroll. His men had permits to carry concealed weapons signed by the mayor. Why? Because the mayor was on his payroll. When he goes to court, the jury is paid off and the judge is paid off. Capone made sure that the city officials ran the city the way he wanted them to. He knew that whatever money was spent in bribing officials was a good investment. He was a master at bribing people, and Capone showed that bribery can go a long way.

Get the right people

After his first alcohol raid failed miserably, Eliot Ness realized he had the wrong people. His answer came from the Irish beat cop Malone (Sean Connery) who said: “If you don’t want rotten apples, don’t get them from the barrel — get them from the tree.” Ness couldn’t work with the Chicago police force because most of the force, including the chief of police, were being paid off by Capone. Instead, Ness and Capone go to the Police Academy to recruit "greenies" who hadn’t been corrupted yet. His crew was small, but Ness had the right people on board.

Cover all your tracks

Capone was good about keeping himself out of trouble; he covered his tracks well, but he didn’t cover all of his tracks. He hadn’t paid an income tax in years. In fact, Capone showed no income at all on his tax documents. It was this discovery that eventually brought him down on income tax evasion charges. Had he only showed a small income, had he but paid a small amount of taxes, the story of Al Capone might have ended much differently. He might have been around much longer and grown his empire much larger. That’s why you gotta cover all your tracks; you could go down because of the smallest thing. You can never be too thorough when covering your tracks.

stronzo scene

Alphonse Capone’s first big mistake was to publicly show off what he had accomplished. Instead of laying low and enjoying his position at the top of the Chicago food chain, Capone spoke to reporters constantly. He made sure everyone knew just how successful he was. He owned and lived in the Lexington Hotel. Everything he did was eccentric and extravagant. That was all well and good in Chicago, where he had even the Mayor on his payroll, but once the federal government took notice, his demise began. Run your rackets and keep your head low. Don’t make yourself a celebrity and your operation will last a lot longer, capisce?

Source: http://ca.askmen.com/money/mafioso_200/221_mob-movie-lessons-ithe-untouchablesi.html

http://www.businessnewsdaily.com/2049-al-capone-business-advice.html
http://spartacus-educational.com/USAcapone.htm
http://ca.askmen.com/money/mafioso_200/221b_mob-movie-lessons-ithe-untouchablesi.html