Payback Time: Making Big Money Is the Best Revenge! By Phil Town
Phil Town’s first book, the #1 New York Times bestseller Rule #1, was a guide to stock trading for people who believe they lack the knowledge to trade. But because many people aren’t ready to go from mutual funds directly into trading without understanding investing—for the long term – he created Payback Time.
Too often, people see long-term investing as “mutual fund contributing” – otherwise known as “long-term hoping.” But the sad truth is that mutual fund investors are, to a stunning degree, pinning their hopes on an institution that is hopeless. It turns out that only 4% of fund managers consistently beat the S&P 500 index over the long term, which means that 96% of fund investors see a smaller return on their nest egg than a chimpanzee who simply buys stocks in the 500 biggest companies in America and watches what happens.
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First, we will read a story or a dialogue slowly. Second, we will give an explanation of what happened in the meeting and the vocabulary used; and third, we will repeat the dialogue or story at a normal speed for native speakers.
Each lesson will have both a formal and an informal meeting, so you can hear the differences between, for example, a more formal meeting with your boss or the head of the company, and a more informal meeting with your co-workers or fellow employees. The lesson will begin with the formal meeting first, followed by the informal meeting dialogue or story.
This course teaches you both formal and informal business English needed to participate in business meeting. The course follows two meetings from start to finish:
• Meeting A is a formal meeting.
• Meeting B is an informal meeting.
The formal business English used in Meeting A is appropriate for important meetings, such as for presentations at conferences or at annual company meetings. The business English used in Meeting B is useful for smaller meetings, such as daily office meetings or for interacting with your co-workers.
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