Review – The Richest Man in Babylon
Review / March 23, 2018

Review: The Babylonians invented money. Unfortunately, not enough of it. The Richest Man in Babylon tells the secret how to acquire wealth, no matter what your current situation is. Does that sound too good to be true? Author George Clason chose to reveal the secret to through a series of unrelated fictional stories of rich and successful Babylonians. In the first story, we learn about the “seven cures for a lean purse”. The second story states the “five laws of gold”, which are basically the same thing. The other stories in The Richest Man in Babylon just hammer home the same points several times more. In a nutshell: keep ten percent of your income, reduce your expenses, invest profitably and get the advice of people that are experts in whatever investments you consider. Easy enough, almost trivial, but indeed the foundation of a future fortune. It is astonishing that not more people live that way. One question The Richest Man in Babylon leaves unanswered is how to spot and identify the good investments. Giving money to a brickmaker to purchase jewels is presented as an example of a stupid investment, because a brickmaker does not know enough about jewels. Then…