Australian (ASX) Stock Market Forum

BOOKS - What are ASF members reading?

Thucydides - The History of the Peloponnesian War

I remember trying to read this when I was 18 or 19 after first reading Herodotus' The Histories, and falling completely on my face, struggling to make any head way.

It's not an easy read, and sometimes it is not enjoyable slugging through all of the ancient place names in Greece, Persia, Sicily etc and trying to figure out not only where they are, but why they are important, where they fit into the puzzle... perhaps I thought I was too smart (ah, youth) to have to sit next to this book with a pen and paper, and access to an encyclopedia, but probably more so it was that I was doing it wrong.

I first approached THotPW (and indeed, any other history) like you would at school. You convince yourself that for some reason you need to remember all of the minor details because someone will test your knowledge on it at some point. And let's face it that is how we are taught to read anything. Remembering exact details as if our memories are computers. I thought that I would need to remember all of the names of the people and the places in this massive tome on a 27 year war that occurred around 2500 years ago. But what is really important here?

The lessons in history books like this are not the specific dates, places and people.... but what occurred, why it occured, how it played out and how it is still relevant to our lives 2500 years later. There are overarching themes such as might vs right, the cyclical nature of history and how the major political themes repeat themselves over and over in humanity (despite our memories often forgetting them), Justice vs what is best for the state, Will to Power and the need for us to be in control, and the constant motion and need to expand (Athens) vs the conservative / passive attitude (Lacedaemon). There are plenty of contrasts between how people act in times of peace vs how they act in times of war, or with their backs against the wall, psychological lessons and moral lessons.

The scope of this book is massive, and to be truthful you could never cover everything in it without spending a very long time studying it.

Not only did Thucydides become the first man to use the "historical method", but he also wrote a book on a war, that serves as a guide post along the journey of humanity, and still highly relevant 2500 years later.

Over the next few weeks I look forward to transferring my notes into my electronic database and sorting them into useful categories that I can reflect on and make use of in the future.
 
Thucydides - The History of the Peloponnesian War ...

Thucydides is in the air. The first email I read this morning contained a link to this article, http://opinionator.blogs.nytimes.co...hope/?_php=true&_type=blogs&rref=opinion&_r=0, which you might enjoy.

I'm about to give Cicero a second chance. In my school days I thought he was a pompous prat and the best thing about him was his respect for the Greeks (I also thought that Virgil didn't deserve the Latin language :) ), but he mellowed and maybe I have too. I've pulled down "On The Good Life", which is a Penguin Classics edition, translator Michael Grant, containing all or part of 5 works. Time will tell.
 
Thucydides is in the air. The first email I read this morning contained a link to this article, http://opinionator.blogs.nytimes.co...hope/?_php=true&_type=blogs&rref=opinion&_r=0, which you might enjoy.

I'm about to give Cicero a second chance. In my school days I thought he was a pompous prat and the best thing about him was his respect for the Greeks (I also thought that Virgil didn't deserve the Latin language :) ), but he mellowed and maybe I have too. I've pulled down "On The Good Life", which is a Penguin Classics edition, translator Michael Grant, containing all or part of 5 works. Time will tell.
Hi ghotib

The themes in the Melian Dialogue, as included in the article that you linked are a very important part of the book. The concept of mere hope and the effect that it has on the actions of those who find themselves relying on it.

Thanks for the link, and happy reading of Cicero, I have not had much exposure to him.
 
Viktor Frankl - Man's Search for Meaning

Absolutely amazing book. Written by a psychiatrist who spent a few years in the Nazi concentration camps during World War II, far from being just an autobiography, it is chock full of worldly wisdom, and a blue print to live your life by.

Frankl's main message was the reversal of the the question "What is the meaning to Life?" It is common for people to share their beliefs that they get to ask this question, but my interpretation of Frankl was that you don't get to ask the question, life does, in a mostly deterministic fashion.... however, rather than become a victim of circumstances, you get to choose the answers with your actions in any single given moment, and this is where the deep meaning at the bottom of life is discovered.

His theories on how he survived the concentration camps when all he had was himself (emaciated and withered away and barely functional, without any worldly possessions) by locating the deep source of his life's meaning to help find meaning in the suffering he was facing is fascinating, and with a little effort, we could apply this to anything, whether it be your trading or anything else in your life.

Frankl often quotes Nietzsche's famous line "Where There Is A Why, There Is A How" (sometimes it is very easy in our busy lives to get the two mixed up and lead ourselves astray)
 
Viktor Frankl - Man's Search for Meaning

Absolutely amazing book. Written by a psychiatrist who spent a few years in the Nazi concentration camps during World War II, far from being just an autobiography, it is chock full of worldly wisdom, and a blue print to live your life by.

Frankl's main message was the reversal of the the question "What is the meaning to Life?" It is common for people to share their beliefs that they get to ask this question, but my interpretation of Frankl was that you don't get to ask the question, life does, in a mostly deterministic fashion.... however, rather than become a victim of circumstances, you get to choose the answers with your actions in any single given moment, and this is where the deep meaning at the bottom of life is discovered.

His theories on how he survived the concentration camps when all he had was himself (emaciated and withered away and barely functional, without any worldly possessions) by locating the deep source of his life's meaning to help find meaning in the suffering he was facing is fascinating, and with a little effort, we could apply this to anything, whether it be your trading or anything else in your life.

Frankl often quotes Nietzsche's famous line "Where There Is A Why, There Is A How" (sometimes it is very easy in our busy lives to get the two mixed up and lead ourselves astray)

Ves, was this an easy read? To me that would be the kicker for me, if its a fluid read then i'll read it. But if its a tough slog then I'll wait until i finish my other tough slogs...:)

Thanks in advance.
 
Ves, was this an easy read? To me that would be the kicker for me, if its a fluid read then i'll read it. But if its a tough slog then I'll wait until i finish my other tough slogs...:)

Thanks in advance.
Yep, I found it pretty easy. I'd be really surprised if you found it to be a tough slog. It's certainly not dry, he has the knack of being able to relate his own experiences into terms that the common person can identify with and put them into a context which enables learning / understanding. The first part which acts as his diary / retelling of his time in the concentration camps especially so. In fact, as horrible as some of his experiences were, he almost recites some of these with a sense of humour (which he felt was very important, mind you).


He doesn't get bogged down in psychological details until Parts 2 & 3 and even then it's not overly heavy (Part 3, I believe was added into the book in much later versions than the original).

It wouldn't take long to read, I'd say if you spent an hour a day you'd probably knock it over in under a fortnight.
 
Yep, I found it pretty easy. I'd be really surprised if you found it to be a tough slog. It's certainly not dry, he has the knack of being able to relate his own experiences into terms that the common person can identify with and put them into a context which enables learning / understanding. The first part which acts as his diary / retelling of his time in the concentration camps especially so. In fact, as horrible as some of his experiences were, he almost recites some of these with a sense of humour (which he felt was very important, mind you).


He doesn't get bogged down in psychological details until Parts 2 & 3 and even then it's not overly heavy (Part 3, I believe was added into the book in much later versions than the original).

It wouldn't take long to read, I'd say if you spent an hour a day you'd probably knock it over in under a fortnight.

Thanks mate, I'm always interested in this stuff....!
 
The Divide: American Injustice in the Age of the Wealth Gap - by Matt Taibbi (long time Rolling Stone writer and editor)

Very scary reading. I hope Australia is not set to follow the USA down this path, but we already see it with white collar crime getting extremely lenient sentencing compared to other crimes. Just have to look at the CBA scandal and not one criminal charge laid so far.

One crazy example is in New York they decriminalised personal quantities of marijuana in the 1970s, as long as you do not show it in public ie a joint in your pocket is legal, a joint in your hand in public is illegal. Police stop and frisk powers allow them to do this to ANYONE without cause. So if you are legally carrying a joint in your pocket, follow a legal request to empty your pockets, you are deemed to have broken the law once you bring that joint out into public view. Wont happen you say? 50,000 court summons occurred last year for this very offence.

NEW YORK TIMES BESTSELLER

A scathing portrait of an urgent new American crisis

Over the last two decades, America has been falling deeper and deeper into a statistical mystery:

Poverty goes up. Crime goes down. The prison population doubles.
Fraud by the rich wipes out 40 percent of the world’s wealth. The rich get massively richer. No one goes to jail.

In search of a solution, journalist Matt Taibbi discovered the Divide, the seam in American life where our two most troubling trends””growing wealth inequality and mass incarceration””come together, driven by a dramatic shift in American citizenship: Our basic rights are now determined by our wealth or poverty. The Divide is what allows massively destructive fraud by the hyperwealthy to go unpunished, while turning poverty itself into a crime””but it’s impossible to see until you look at these two alarming trends side by side.

In The Divide, Matt Taibbi takes readers on a galvanizing journey through both sides of our new system of justice””the fun-house-mirror worlds of the untouchably wealthy and the criminalized poor. He uncovers the startling looting that preceded the financial collapse; a wild conspiracy of billionaire hedge fund managers to destroy a company through dirty tricks; and the story of a whistleblower who gets in the way of the largest banks in America, only to find herself in the crosshairs. On the other side of the Divide, Taibbi takes us to the front lines of the immigrant dragnet; into the newly punitive welfare system which treats its beneficiaries as thieves; and deep inside the stop-and-frisk world, where standing in front of your own home has become an arrestable offense. As he narrates these incredible stories, he draws out and analyzes their common source: a perverse new standard of justice, based on a radical, disturbing new vision of civil rights.

Through astonishing””and enraging””accounts of the high-stakes capers of the wealthy and nightmare stories of regular people caught in the Divide’s punishing logic, Taibbi lays bare one of the greatest challenges we face in contemporary American life: surviving a system that devours the lives of the poor, turns a blind eye to the destructive crimes of the wealthy, and implicates us all.
 
Great news for Richard Flanagan today with his "The Narrow Road to the Deep North" winning the Booker Prize.

For anyone who hasn't read this, it's just a wonderful and very moving account of Australians captured by the Japanese and forced to work on the Burma/Thai rail road. Richard's father was one of these.

The back story is the protagonist's relationship back in Australia, before and after the war, with his father's young wife, and a depiction of class structure at that time. He also - unusually - after the war seeks out some of the Japanese jailers and comes to understand what was to them a sense of honour.

It's a deeply thoughtful book, not at all just another story about the war.
 
I'm not sure how many members are interested in books other than those related to financial stuff, but it has been a wonderful year for readers. My most enjoyed have been:

"This House of Grief" by Helen Garner.
Garner attended both trials of Robert Farquarson, the father who drowned his three sons in a dam in Victoria.
Her writing is, as always, finely tuned as she draws the reader in to her own responses, doubts and concerns, as the two trials proceed.
One of Australia's finest writers has again brought us an intensely thoughtful study of our justice system.

"Barracuda" by Christos Tsiolkas (author of "The Slap")
A biting, no holds barred reflection of class divide in Australia through the prism of a teenage swimmer from Melbourne's lower socioeconomic strata who wins a sporting scholarship to a top private school.

Even better than "The Slap".

By the same author: "Merciless Gods", a collection of short stories.
I'm not usually a reader of short stories but the reviews persuaded me to this and I was well rewarded.

It is not, however, for the faint hearted. Tsiolkas is a homosexual and there are graphic descriptions in many of the stories, none of it, however, gratuitous.

"Eyrie" by Tim Winton
The first of Winton's books for a long time which takes place in an urban setting of Freemantle, WA one hot summer. The drawing of his characters is Winton's great strength, along with his ability to have the reader feel the heat of the sun, the cries of the birds and the emotions of his protagonist.
I so enjoyed this, at once similar to but very different from his "Breath" which was stunning.

"The Narrow Road to the Deep North" by Richard Flanagan
Winner of the Booker prize. I'm sure everyone is familiar with this immensely affecting theme of Australian soldiers forced to labour on the Thai-Burma railway.

All of Flanagan's novels are very different from one another and this one has won such an esteemed prize for very good reasons.

"The Golden Age" by Joan London
Beautifully written account of young polio patients in a hospital, their parents' shame and reluctance to visit, incorporates the theme of migrant family from Europe and a sexual coming of age theme between two of the young patients.

"Bitter Wash Road" by Garry Disher
Ostensibly in the crime genre but not really. The book deals with small town South Australia, the corruption and criminality, masked by social acceptance, of some elements of the police, local politics, and willingness of these forces to deal out their own form of justice, outside of the law. Intense characterisation from Garry Disher.
 
Great news for Richard Flanagan today with his "The Narrow Road to the Deep North" winning the Booker Prize.

For anyone who hasn't read this, it's just a wonderful and very moving account of Australians captured by the Japanese and forced to work on the Burma/Thai rail road. Richard's father was one of these.

The back story is the protagonist's relationship back in Australia, before and after the war, with his father's young wife, and a depiction of class structure at that time. He also - unusually - after the war seeks out some of the Japanese jailers and comes to understand what was to them a sense of honour.

It's a deeply thoughtful book, not at all just another story about the war.

Since the age I could read my mother has always given me books for Christmas, and this year Narrow Road was one of them. I only started reading it a couple of days ago so only about 100 pages in, but it's such a pleasure to read someone who has such a wonderful gift for storytelling. It's not often you find yourself pausing to reflect on a single sentence to fully allow the cadence and rhythm of the words to sink in, so beautiful is the prose, but I've found myself doing it over and over again.:)

Julia said:
"Eyrie" by Tim Winton
The first of Winton's books for a long time which takes place in an urban setting of Freemantle, WA one hot summer. The drawing of his characters is Winton's great strength, along with his ability to have the reader feel the heat of the sun, the cries of the birds and the emotions of his protagonist.
I so enjoyed this, at once similar to but very different from his "Breath" which was stunning.

I read this a few months ago, Julia, and was a bit disappointed. Some of the writing felt a little overdone, as though Winton had just bought a Thesaurus and was getting his money's worth. The characters are written well, but I just found it a bit bogged down in parts. I've actually had the same issue with a lot of his books.
 
Since the age I could read my mother has always given me books for Christmas, and this year Narrow Road was one of them. I only started reading it a couple of days ago so only about 100 pages in, but it's such a pleasure to read someone who has such a wonderful gift for storytelling. It's not often you find yourself pausing to reflect on a single sentence to fully allow the cadence and rhythm of the words to sink in, so beautiful is the prose, but I've found myself doing it over and over again.:)
Describes it well, McLovin. All the accolades agree. The only dissenting voice was a petulant criticism from Les Murray who described it as "pretentious and stupid".

I read this a few months ago, Julia, and was a bit disappointed. Some of the writing felt a little overdone, as though Winton had just bought a Thesaurus and was getting his money's worth. The characters are written well, but I just found it a bit bogged down in parts. I've actually had the same issue with a lot of his books.
Well, there you go. I admit to feeling a bit let down by the ending, but still really enjoyed it.

If you haven't read "This House of Grief" from Helen Garner, I can't recommend it highly enough. It's her account of the two trials of the Victorian father, estranged from his family, who drove his car into a dam, leaving his three young sons locked in there to die.

As with all Garner's writing, it's very personal and she records her own confusion of feeling as the evidence unfolds.

For me this has been the stand out book not just for 2014 but for the last five or so years, closely followed
after "The Narrow Road....." by "The Children Act" by Ian McEwan, the moral dilemma of a judge deciding a medical treatment issue.
 
Currently reading "Narrative of an expedition into Central Australia" by Charles Sturt.

I have always loved reading about the outback explorers and I spent a couple of weeks in Oct and Nov last travelling through some of the areas that Sturt explored, hard yakka even in a comfy 4wd with most of the associated luxuries.

Just spending time in areas around Pooles Grave and Depot Glen where they were holed up for months was sort of eerie but spectacular, a different world in those locations where you can just stand in one spot for ages just taking it all in.

Reading his stories again now seem so much more real when you know what he is talking about from the flies to the terrain etc.
 
Very interesting.
If I can find my lost mobile and track all my trucks and utes.
The CIA knows where this plane is.(Based in Alice Springs by the way---the CIA tracking station).

MH370.png
 
Havn't quite got there but I think the story of this woman's life would be well worth reading. Just came across the short story in an article in the Guardian.
What’s is her next film script about?

“It’s a true story about a woman called Julie D’Aubigny, a cross-dressing, bisexual opera star who was also the best swordswoman in France. By day she was Beyoncé, but by night she was like a feminist avenger. This is like 1690. If any of the girls in the cast were slighted by a man, she would dress up like boy and challenge him to a duel. She was a mad drinker, gambler, shagger …”

https://en.wikipedia.org/wiki/Julie_d'Aubigny

http://kellygardiner.com/fiction/books/goddess/the-real-life-of-julie-daubigny/
 
Re calibrating my Australianess to make sure it's the rest of you who have lost your way and larrikin streak:

You guess the book:

Then Juli-et wakes up an' sees 'im there,
Turns on the water-works an' tears 'er 'air,
"Dear love," she sez, "I cannot live alone!"
An' wif a moan,
She grabs 'is pockit knife, an' ends 'er cares…
"Peanuts or lollies!" sez a boy upstairs.

:D
 
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