Wise, witty, well-targeted, and highly instructional.

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WEALTH, ACTUALLY

INTELLIGENT DECISION-MAKING FOR THE 1%

Rice’s engaging debut focuses on financial management for the very wealthy.

Private wealth manager Rice demonstrates a solid knowledge of financial planning and investing in a book squarely aimed at those with millions or even billions of dollars in assets. The book’s opening chapter, “Am I Rich?” sets the tone for a frank discussion of types of wealth—liquid vs. illiquid, business, and inherited. A subsequent chapter offers helpful counsel on elevating the wealth conversation to include family members. The remaining material covers the expected wealth management subjects: expenses, investments, types of assets, choosing and working with advisers, and creating a wealth management plan. While this content is fairly standard fare, Rice offers sound financial management (but not investment) advice based on his experience with high net worth clients. He presents information authoritatively and objectively and writes in a friendly, accessible manner. The author’s approach—to weave in typical conversations he has with acquaintances or prospective clients—is a clever method to answer typical questions and address common concerns as well as add personality and informality to what could otherwise be a dry topic. One dialogue, for example, highlights setting financial goals and managing wealth by asking the simple yet compelling question, “How Much Do You Cost?” This is followed by a comprehensive list of costs to consider. Another conversation leads to a valuable discussion of threats to wealth, including bad investments, taxes, divorce, lawsuits, and even extortion. The book does a particularly good job explaining in simple terms some elements of finance that may be troublesome for the wealthy, such as using hedge funds, owning real estate funds, valuing commodities, and investing in collectibles. Rice is sure to acknowledge the importance of the wealth management adviser, but he refrains from an overt sales pitch; he also wisely addresses the practitioner in a special introduction and throughout the book to enlist them as an ally. The book closes with some intriguing observations about the future of wealth management.

Wise, witty, well-targeted, and highly instructional.

Pub Date: Aug. 7, 2018

ISBN: 978-1-61961-860-2

Page Count: 356

Publisher: Lioncrest Publishing

Review Posted Online: Oct. 22, 2018

Kirkus Reviews Issue: Dec. 15, 2018

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Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis...

THE ELEMENTS OF STYLE

50TH ANNIVERSARY EDITION

Privately published by Strunk of Cornell in 1918 and revised by his student E. B. White in 1959, that "little book" is back again with more White updatings.

Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis (whoops — "A bankrupt expression") a unique guide (which means "without like or equal").

Pub Date: May 15, 1972

ISBN: 0205632645

Page Count: 105

Publisher: Macmillan

Review Posted Online: Oct. 28, 2011

Kirkus Reviews Issue: May 1, 1972

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WHAT A WONDERFUL WORLD

A LIFETIME OF RECORDINGS

Noted jazz and pop record producer Thiele offers a chatty autobiography. Aided by record-business colleague Golden, Thiele traces his career from his start as a ``pubescent, novice jazz record producer'' in the 1940s through the '50s, when he headed Coral, Dot, and Roulette Records, and the '60s, when he worked for ABC and ran the famous Impulse! jazz label. At Coral, Thiele championed the work of ``hillbilly'' singer Buddy Holly, although the only sessions he produced with Holly were marred by saccharine strings. The producer specialized in more mainstream popsters like the irrepressibly perky Teresa Brewer (who later became his fourth wife) and the bubble-machine muzak-meister Lawrence Welk. At Dot, Thiele was instrumental in recording Jack Kerouac's famous beat- generation ramblings to jazz accompaniment (recordings that Dot's president found ``pornographic''), while also overseeing a steady stream of pop hits. He then moved to the Mafia-controlled Roulette label, where he observed the ``silk-suited, pinky-ringed'' entourage who frequented the label's offices. Incredibly, however, Thiele remembers the famously hard-nosed Morris Levy, who ran the label and was eventually convicted of extortion, as ``one of the kindest, most warm-hearted, and classiest music men I have ever known.'' At ABC/Impulse!, Thiele oversaw the classic recordings of John Coltrane, although he is the first to admit that Coltrane essentially produced his own sessions. Like many producers of the day, Thiele participated in the ownership of publishing rights to some of the songs he recorded; he makes no apology for this practice, which he calls ``entirely appropriate and without any ethical conflicts.'' A pleasant, if not exactly riveting, memoir that will be of most interest to those with a thirst for cocktail-hour stories of the record biz. (25 halftones, not seen)

Pub Date: May 1, 1995

ISBN: 0-19-508629-4

Page Count: 224

Publisher: Oxford Univ.

Review Posted Online: May 20, 2010

Kirkus Reviews Issue: March 1, 1995

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