The Algebra of Wealth

A Simple Formula for Financial Security

By: Scott Galloway

Narrated by: Scott Galloway

Length: 8 hrs and 29 mins

Publisher's summary

AN INSTANT #1 NEW YORK TIMES BESTSELLER

A must-have guide to optimizing your life for wealth and success, from bestselling author, NYU professor, and cohost of the Pivot podcast Scott Galloway

Today’s workers have more opportunities and mobility than any generation before. They also face unprecedented challenges, including inflation, labor and housing shortages, and climate volatility. Even the notion of retirement is undergoing a profound rethink, as our lifespans extend and our relationship with work evolves. In this environment, the tried-and-true financial advice our parents followed is no longer enough. It’s time for a new playbook.

In The Algebra of Wealth, Scott Galloway lays bare the rules of financial success in today’s economy. In his characteristic unvarnished, no-BS style, he explains what you need to know in order to better your chances for economic security no matter what. You’ll learn:

• How to find and follow your talent, not your passion, when making career decisions
• How to ride and optimize big economic waves (hard truth: market dynamics always trump individual achievement)
• What small steps you can take that pay big returns later, including diversification and tax planning
• How stoicism can help you minimize spending and develop better financial habits

Brimming with wise, game-changing advice from one of the world’s most popular business school professors, The Algebra of Wealth offers a powerful framework for making the most of what opportunities come your way.

©2024 Scott Galloway (P)2024 Penguin Audio

Critic reviews

“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

“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

“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

Wish I had this wisdom at the start of my career

I am gifting this book to both my kids. Life lessons and wisdom that everyone should carry with them!!

Invaluable Advice

I especially liked the emphasis on keeping a healthy balance between maintaining personal relationships while earning wealth, while not sacrificing moral values & integrity in the process! I am gifting this book to my 2 grandsons…one a recent high school graduate & the other a college student. I hope it will be the gift that keeps on giving throughout their lives!

The value of the content

Excellent ’read’ of a critical subject. Sent a couple copies to my kids to help get them started sooner than later.

Buy several copies!!

If you want to do something to improve the future of the country buy a few copies of this book, and give them to your kid, or any young person you want to see get ahead. Scott Galloway is knowledgeable, witty and self deprecating, but his authenticity is what screams at you. He isn’t just talking, he has done it, lived it and willing to take the time to reach back and give the next generation a hand up - grab it! He examines and redefines long held concepts, that no longer work. He exposes and lays bare the basic knowledge, that no one explains, but is vital to financial success. No get rich quick schemes here, just a tried and true formula. This is the book every sixty year old wishes someone had given them when they were 20 or 30. Can’t wait to put it in the hands of my Gen Z son.

Great listen. Recommended to my kids

Very intuitive explanation for reality of personal finance. And also a touching and motivating narrative for people to seriously consider it in their lives.

Scott cares and so he shares

I wish I had this manual in my teens. Scott has beautifully interwoven the fabric of money-making with immediately executable itinerary on savings, investments, taxes, career choices, and relationships. His unapologetic reverence for money is not on the edifice of get-rich-quick-schemes, instead on the traditional old school hustle hard and make choices wisely.

Wish I had this book 20 years ago!

So many truths in this book that I wish I had known when in was in my twenties. My kids are reading this book.

I wish they taught this in school

Scott you should license this material to high schools as this should be mandatory learning for teens going into their post high school years.

Kids don’t need to take World Lit for the fourth time senior year. They need to learn how money works and how to become an adult.

Great book. Highly recommended.

Bluntness of it, straight forward

This is a must read for anyone living with money in an account or not.

Best advice I received

One of the best advice youll ever receive. This book talks and teaches something nobody will teach in the current system of society and work.