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Cocktail Party Statement

A podcast where 3 MBAs summarize business books

Weekly hand curated podcast episodes for learning

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48 Laws of Power

48 Laws of Power by Robert Greene _____________________________________________________________ Listen to the podcast now: . _____________________________________________________________ Book Summary: “It’s the rules for suits . . . Machiavelli has a new rival. And Sun Tzu had better watch his back. Greene . . . has put together a checklist of ambitious behavior. Just reading the table of contents is enough to stir a little corner-office lust.” —New York magazine Our Cocktail Party Statements: Aaron: Phil: Karin: Our Cocktail Party Index: What’s this? Explanation of the CPI.

24mins

10 Jan 2014

Rank #1

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How to Win Friends and Influence People

How to Win Friends and Influence People by Dale Carnegie _____________________________________________________________ Listen to the podcast now: . _____________________________________________________________ Book Summary: One of the best known motivational books in history: Since it was released in 1936, How to Win Friends and Influence People has sold more than 15 million copies. Carnegie’s first book is timeless and appeals equally to business audiences, self-help audiences, and general readers alike. Carnegie believed that most successes come from an ability to communicate effectively rather than from brilliant insights. His book teaches these skills by showing readers how to value others and make them feel appreciated rather than manipulated. Our Cocktail Party Statements: Aaron: Honor people. Phil: The best 20th century book for 21st century social media. Karin: The ABCs of human interaction. Our Cocktail Party Index: What’s this? Explanation of the CPI.

23mins

25 Apr 2013

Rank #2

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Salt, Sugar, Fat

Salt, Sugar, Fat by Michael Moss _____________________________________________________________ Listen to the podcast now: . _____________________________________________________________ Book Summary: The explosive story of the rise of the processed food industry and its link to the emerging obesity epidemic. Michael Moss reveals how companies use salt, sugar, and fat to addict us and, more important, how we can fight back. In the spring of 1999 the heads of the world’s largest processed food companies—from Coca-Cola to Nabisco—gathered at Pillsbury headquarters in Minneapolis for a secret meeting. On the agenda: the emerging epidemic of obesity, and what to do about it. Moss takes us inside the labs where food scientists use cutting-edge technology to calculate the “bliss point” of sugary beverages or enhance the “mouthfeel” of fat by manipulating its chemical structure. He unearths marketing campaigns designed—in a technique adapted from tobacco companies—to redirect concerns about the health risks of their products: Dial back on one ingredient, pump up the other two, and tout the new line as “fat-free” or “low-salt.” Our Cocktail Party Statements: Aaron: Manipulation of mouths and minds makes millions for megafood companies. Phil: Salt, Sugar, Fat, I ain’t down with that! Karin: Betcha can’t each just one! How the food industry is becoming the next tobacco industry. Our Cocktail Party Index: What’s this? Explanation of the CPI.

41mins

1 Aug 2013

Rank #3

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Barbarians At The Gate

Barbarians At The Gate by Burrough & Helyar _____________________________________________________________ Listen to the podcast now: . _____________________________________________________________ Book Summary: The fight to control RJR Nabisco during October and November of 1988 was more than just the largest takeover in Wall Street history. Marked by brazen displays of ego not seen in American business for decades, it became the high point of a new gilded age, and its repercussions are still being felt. The ultimate story of greed and glory, Barbarians at the Gate is the gripping account of these two frenzied months, of deal makers and publicity flaks, of an old-line industrial powerhouse that became the victim of the ruthless and rapacious style of finance in the 1980s. Our Cocktail Party Statements: Aaron: Phil: Karin: Our Cocktail Party Index: What’s this? Explanation of the CPI.

20mins

3 Jan 2013

Rank #4

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The 4-Hour Workweek

The 4-Hour Workweek by Timothy Ferriss Listen to the podcast now: Book Summary: Forget the old concept of retirement and the rest of the deferred-life plan–there is no need to wait and every reason not to, especially in unpredictable economic times. Whether your dream is escaping the rat race, experiencing high-end world travel, earning a monthly five-figure income with zero management, or just living more and working less, The 4-Hour Workweek is the blueprint. Our Cocktail Party Statements: Aaron: The entrepreneur’s handbook for the 21st century. Phil: If you dried this out, you could fertilize a field with it. Karin: The 24-Hour hype-fest. Our Cocktail Party Index: What’s this? Explanation of the CPI.

28mins

11 Jun 2012

Rank #5

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Thinking Fast and Slow

Thinking Fast and Slow by Daniel Kahneman _____________________________________________________________ Listen to the podcast now: . _____________________________________________________________ Book Summary: Two systems: System 1 = fast, intuitive ; System 2 = slower, more deliberate and logical WYSIATI (what you see is all there is) Causal errors, statistical illiteracy, and loss aversion Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems shape our judgments and decisions. Our Cocktail Party Statements: Aaron: Thinking long and hard is good. Phil: If you want a great book on thinking, do yourself a favor and buy Gladwell’s book. Karin: This author is David Brook’s ugly stepsister. Our Cocktail Party Index: What’s this? Explanation of the CPI.

25mins

9 Apr 2013

Rank #6

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Present Shock

Present Shock by Douglas Rushkoff _____________________________________________________________ Listen to the podcast now: . _____________________________________________________________ Book Summary: This is the moment we’ve been waiting for, explains award-winning media theorist Douglas Rushkoff, but we don’t seem to have any time in which to live it. Instead we remain poised and frozen, overwhelmed by an always-on, live-streamed re­ality that our human bodies and minds can never truly in­habit. And our failure to do so has had wide-ranging effects on every aspect of our lives. Our Cocktail Party Statements: Aaron: Phil: Karin: Our Cocktail Party Index: What’s this? Explanation of the CPI.

31mins

8 Sep 2013

Rank #7

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The Honest Truth About Dishonesty

The Honest Truth About Dishonesty by Dan Ariely _____________________________________________________________ Listen to the podcast now: . _____________________________________________________________ Book Summary: The New York Times bestselling author of Predictably Irrational and The Upside of Irrationality returns with thought-provoking work to challenge our preconceptions about dishonesty and urge us to take an honest look at ourselves. Does the chance of getting caught affect how likely we are to cheat? How do companies pave the way for dishonesty? Does collaboration make us more honest or less so? Does religion improve our honesty? Our Cocktail Party Statements: Aaron: Phil: Karin: Our Cocktail Party Index: What’s this? Explanation of the CPI.

20mins

6 Feb 2013

Rank #8

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Omnivore’s Dilemma

Omnivore’s Dilemma by Michael Pollan _____________________________________________________________ Listen to the podcast now: . _____________________________________________________________ Book Summary: A national bestseller that has changed the way readers view the ecology of eating, this revolutionary book by award winner Michael Pollan asks the seemingly simple question: What should we have for dinner? Tracing from source to table each of the food chains that sustain us–whether industrial or organic, alternative or processed–he develops a portrait of the American way of eating. The result is a sweeping, surprising exploration of the hungers that have shaped our evolution, and of the profound implications our food choices have for the health of our species and the future of our planet. Our Cocktail Party Statements: Aaron: Corn: it’s what’s for dinner Phil: American is subsidizing the wrong farms Karin: The solution to America’s eating disorders Our Cocktail Party Index: What’s this? Explanation of the CPI.

33mins

8 Aug 2012

Rank #9

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Coming Apart

Coming Apart by Charles Murray _____________________________________________________________ Listen to the podcast now: . _____________________________________________________________ Book Summary: In Coming Apart, Charles Murray explores the formation of American classes that are different in kind from anything we have ever known, focusing on whites as a way of driving home the fact that the trends he describes do not break along lines of race or ethnicity. Drawing on five decades of statistics and research, Coming Apart demonstrates that a new upper class and a new lower class have diverged so far in core behaviors and values that they barely recognize their underlying American kinship—divergence that has nothing to do with income inequality and that has grown during good economic times and bad. Our Cocktail Party Statements: Aaron: The fittest shall thrive, the dumbest will die Phil: Everything you think about the classes in America is completely wrong Karin: Addressing America’s continental divide Our Cocktail Party Index: What’s this? Explanation of the CPI.

35mins

11 Jul 2012

Rank #10