The Algebra of Wealth
A Simple Formula for Success
£19.99
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- Greater financial stability and reduced stress about money
- A more purposeful and satisfying career path
- A robust investment portfolio that can withstand market volatility
- A well-rounded life that balances financial success with personal values and relationships
Profoundly insightful and a joy to read. Few explain complicated topics better than Scott Galloway.
― Morgan Housel, New York Times bestselling author of The Psychology of Money
Scott Galloway’s “The Algebra of Wealth” offers a comprehensive guide to achieving financial security and success in today’s rapidly changing economic landscape. Galloway, a renowned NYU professor and entrepreneur, presents a simple yet powerful formula for building wealth: Focus + (Stoicism x Time x Diversification).
The book begins by redefining wealth as the absence of economic anxiety rather than just accumulating money.
Galloway then breaks down his wealth-building formula:
- Focus: Emphasizes the importance of earning a substantial income by following your talent rather than passion.
Stoicism: Advocates for living an intentional, temperate life both in and out of work, including developing better financial habits. - Time: Stresses the importance of starting early and allowing compound interest to work its magic.
- Diversification: Explains the basics of investing and making sound, consistent choices in the market.
- Galloway shares personal anecdotes and lessons from his own journey, including his experiences with economic stress during childhood. He provides practical advice on career decisions, riding economic waves, and taking small steps that yield significant returns later.
The book also addresses contemporary challenges such as inflation, labour shortages, and climate volatility. It offers insights on rethinking retirement as lifespans extend and work relationships evolve.
“The Algebra of Wealth” is filled with Galloway’s signature no-nonsense style, offering readers a new financial playbook suited for today’s economic realities. It aims to help readers optimize their lives for wealth and success, providing a framework for making the most of available opportunities.
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ISBN 10
ISBN 13
More books by Scott Galloway
Meet the author
Scott Galloway is a distinguished professor of marketing at New York University’s Stern School of Business, a prolific author, and a successful entrepreneur. He holds a Bachelor of Arts degree in Economics from UCLA and an MBA from UC Berkeley’s Haas School of Business. Galloway is renowned for his incisive analysis of the business world, which he shares through his books, podcasts, and public speaking engagements.
Galloway’s career is marked by significant entrepreneurial achievements. He founded Prophet, a global brand and marketing consultancy, in 1992, and later launched RedEnvelope, one of the first e-commerce sites, in 1997. His digital intelligence firm, L2 Inc., was acquired by Gartner in 2017 for $155 million. Additionally, he established Section4, an online education start-up, in 2019.
His literary contributions include the bestsellers “The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google” and “The Algebra of Happiness.” Galloway’s work often focuses on the impact of major tech companies on society and the economy, advocating for regulatory scrutiny and corporate accountability.
Raised by a single mother in Los Angeles, Galloway’s journey from a challenging childhood to becoming a thought leader in business is both inspiring and relatable. His candid discussions about personal struggles and societal issues resonate with a broad audience.
Currently, Galloway resides in Florida with his two sons. He continues to influence public discourse through his podcasts “Pivot” and “The Prof G Show,” where he addresses business, technology, and societal trends with his trademark blend of humor and insight.
Book testimonials
The Algebra of Wealth is a book that is about far more than investing and wealth. It’s about how your life choices play out in your financial standing and wealth, and Scott delivers his lessons with humor and panache. I cannot recommend it strongly enough!
― Aswath Damodaran, professor of finance, Stern School of Business, NYU
This is the type of high-impact financial advice that will actually get you to where you want to go.
― Lyn Alden, financial analyst and author of Broken Money
The decisions you make at the beginning of your professional life have a compounding impact on your chances of success, and this invaluable guide will steer you toward an optimal outcome.
― Annie Duke, bestselling author of Thinking in Bets
