My reviews of four books I read in January that I can recommend to you:

Elon Musk
The Reivers
* Poor Charlie’s Almanack
Ganbatte!

Plus, 10 essays and articles I read last month that I thought were very good…

And finally, a dozen groan-inducing puns that I couldn’t not pass along.

My reviews of three Oscar-nominated films that I can recommend:

Small Things Like These
The Apprentice
Anora

Plus two films that were so bad I couldn’t get through them.

I’ll take a quick look at a film I never heard of that has won a ton of accolades and awards. (I’ll review that one next month.) And I’ll finish up with a list of Oscar-nominated shorts that you might want to watch prior to the awards ceremony on March 2.

* Clippings from my January Journal

* News that you probably missed because the mainstream media didn’t cover it

* I tackle the RFK Jr. nomination and the roundup and deportation of illegal immigrants 

* Reading recommendations on getting into AI, getting out of NATO, the end of DEI, and corn syrup

* Bourbon! 

* Questions, thoughts, and recommendations from your fellow readers

* And a fun little PS

With the “Works in Progress” issues, my goal is to include three chapters a month. But one of the chapters that I had planned for this month – another one from The 7 Natural Laws of Wealth Building – needed a lot of rethinking and I couldn’t get it done in time. So in this issue, you’ll find these two:

* Chapter 3 of The Challenge of Charity – discovering how a wealth gap is also a learning and responsibility gap. In this chapter, I talk about all the “noble” but naïve ideas I had about how to interact with the very poor (and sometimes sick) Nicaraguans who came to me for help when I first began building out Rancho Santana.

and…

* Another excerpt from The Art of Collecting Art – the “accidental” collection that really got me started. You don’t have to begin with a million dollars in the bank to build a million-dollar art portfolio. In this chapter, I explain how I did it from scratch.

Note: These are not final drafts. So if you see anything that I got wrong, or if you want to suggest something I didn’t think of, please leave a message for me here.

In this, the first monthly “Review” issue of 2025, I’m introducing a new feature – a rating system. It’s something I’ve been cooking up in recent years to explain and justify my judgements on the quality of books and films and other works of art that tell stories. These are obviously abstract notions about subjective experience, but they work for me – and I hope they work for you.

My Rating System for Most Books/Films 

* Horizontality: How much and how well did the book/film provide a sense of a particular place, time, community, and/or culture?

* Verticality: How deeply did the book/film go in mining the depths of the human experience?

* Stickiness: How tightly did the book/film keep me glued to the story?

* Literary/Visual Richness: How well did the written descriptions/cinematography enhance the story?

For some non-fiction works that need a slightly different approach – e.g., Stoic Paradoxes and The Last Lecture (reviewed below) – I’ll be using this…

My Rating System for Some Non-Fiction Works 

* Vertical Knowledge: How much did the work elucidate what is essential to the human experience?

* Horizontal Knowledge: How much did the work teach about the details of the subject matter investigated (history, science, psychology, etc.)?

* Depth of Thinking: Were the insights and revelations deep? Did the work leave me feeling that I’d learned something important?

* Literary Quality: Was the writing itself engaging and entertaining?

One More Thing 

There will be occasions – rare occasions – when I will add a half-point or a point to my rating. When, for example, the book or film changes the way I think or feel about something in some important way (I’m thinking of Schindler’s List or Walter Isaacson’s biography of Elon Musk, which I’m reading now) or when, even though it doesn’t score very well on the analytics, I enjoyed it so much that I still want to recommend it strongly (e.g., my rating today of What We Do in the Shadows).

In this issue, I’ll be applying my new system to three books and four films/TV series that I’ve enjoyed.

The books:

Stoic Paradoxes by Cicero
The Blue Hotel by Stephen Crane
The Last Lecture by Randy Pausch

The films/TV series:

Maria
Emilia Pérez
Conclave
What We Do in the Shadows

Plus… I’ll be sharing my list of 46 more books that I’m thinking of reading in 2025.

Crazy busy, overtipping & other clippings from my Journal

* News you should have seen but didn’t & five stories I (almost) missed

* The Good, Bad, and Ugly – my January report on the state of the US economy 

* Five edifying and unsettling essays I wanted to share with you

* Interesting, Serious, and Fun – 13 video clips I think you’ll appreciate 

* A quiz on the “weird science” of 2024

And finally… 

* Ten quotes to lift you up and get you going in 2025 

Welcome to the December issue of “Just One Thing,” my monthly attempt to tackle a biggish story or issue in some depth.

I was planning to write about COVID this week, both the disease and the vaccines, and to go through several of the “conspiracy” claims from two years ago that have since been proven true. But I’m going to hold that essay for another time.

Instead, I’m going to give you my take on the November election, addressing the questions and claims that have ranked highest in social media, such as:

* Was it a landslide or was it much closer than the Republicans claim?

* Was I right in predicting in the Aug. 16 issue that the decision would be made by undecided voters? 

* Was I also right when I predicted in that issue that abortion would not be a deciding factor?

* Was it really all about immigration and the economy – or were there “softer” factors that turned out to be more important?

* And what can we expect from Trump – and the media – after he takes office in January?

It’s all about money this week. In this, the “Works in Progress” issue of the month, you’ll find:

* More from The 7 Natural Laws of Wealth Building

* An excerpt from The Art of Collecting Art

* The “Introduction” to Wealth Culture, a new book I’ve just started to work on

Plus…

* a quick video course I put together on Keynesian Economics

Note: These are not final drafts. So if you see anything that I got wrong, or if you want to suggest something I didn’t think of, please leave a message for me here.

Last month, I read four books and watched four films/TV series that I wanted to bring to your attention. I can wholeheartedly recommend all but one of them. The exception is a book from a heralded author, so I thought you might be interested in hearing what I have to say about it.

The books:

*A Ladder to the Sky
The Message
Excellent Advice for Living
Fanny Hill

The films/TV series:

Documentary Now!
Hamilton: Building America
LaRoy, Texas
Preacher