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Logic Problems for Money Minds by Philip Jenks
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    • Product code: 23347
    • ISBN: 1897597967, ISBN13: 9781897597965, 96 pages, paperback
      Published by Harriman House in 2006 , 2 edition
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    Description of Logic Problems for Money Minds

    Add the following numbers up, out loud, in order, and as quickly as you can:

    1,000 + 40 + 1,000 + 30 + 1,000 + 20 + 10

    If the number you got was the one in brackets at the bottom of the page, you need this book!

    The 42 conundrums, problems and riddles in this book have been collected by the editors over many years. The tests are designed to be not only fun, but also instructive. In taking them, you will learn a lot about logical reasoning, but perhaps even more about yourself and your brain! The best part is, having tested your own mental agility, you will have an arsenal of tricks to inflict on friends and colleagues.

    The book includes a variety of different type of puzzles, tests and tricks. Some are straight numeracy tests, some are word plays, some are logic traps, and some require serious lateral thinking. A few of them are easy, but all demand some mental exertion. One of them was even devised by Einstein!

    From the Introduction:

    "Warren Buffett, the world's most successful investor, posed the following question to shareholders in one of his Berkshire Hathaway annual reports:

    'How many legs does a dog have if you call its tail a leg?'

    If you said 5, go to the back of the class. The answer is 4. 'Just because you call its tail a leg," says Buffett, 'doesn't mean it is a leg.'

    He used the riddle as an allegory for accounting shenanigans. When a company says it has made "�50 million profit", its claim should be regarded critically. Accounting rules may allow a finance director to declare X as profit, but that doesn't mean X is profit. As the saying goes, 'Profit is a matter of opinion. Cash is a matter of fact'.

    The conundrums, tests and tricks in this book are in the same spirit as Buffett's dog riddle. They are meant to entertain and educate. Some are straight numeracy tests, some are word plays, some are logic traps, and some require lateral thinking. A few of them are easy. Most demand some mental exertion. One was devised by Einstein."




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    Contents of Logic Problems for Money Minds

    1. The Questions

    Matching socks
    Divide and rule
    The gold standard
    The janitor's dilemna
    Neighbourhood watch
    Picking up fag ends
    Scatterbrain
    The European Community (Einstein's question!)
    Beware the croc!
    Fruit salad
    Cubes
    Barrels
    Who's got the runs?
    Always check your change
    You bet!
    A question of timing
    Thank God it's Friday
    Friends reunited
    Ten stacks of coins
    A confidence booster (the question no-one gets wrong)
    Snails
    Pure genius
    Burning on a short fuse
    Tricky relations
    U2
    Gallons
    More clocks
    Lending library
    Two wheels good
    Names for children
    Hats
    Analysts
    The wrong outlook
    Funny money
    A real turn on
    Running a bath
    A race against time
    Ahoy there!
    Stickers
    Mr Red
    Insider trading
    Musical chairs

    2. Scoring system
    What your score tells you about your powers of logical thinking and wealth prospects


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