Saturday, September 16, 2017

Review: J.P. Newbery Memoir, BURN ZONES

Burn Zones: Playing Life's Bad Hands by [Newbery, Jorge P.]

Jorge  P. Newbery has many impressive accomplishments, starting early as a seven-year-old newspaper delivery boy, participating successfully in long-distance bike races and in marathons, owning over 100 buildings in Ohio, and moving to his current position as founder and CEO of American Homeowner Preservation "a socially responsible hedge fund which purchases nonperforming mortgages from banks at big discounts, then shares the discounts with families to settle their mortgages at terms many borrowers find 'too good to be true.'" Basically, he now gets his money from helping the downtrodden screw their creditors. 

Newbery's next book is DEBT CLEANSE: HOW TO SETTLE YOUR DEBTS FOR PENNIES ON THE DOLLAR (AND NOT PAY SOME AT ALL). This is 21st-century heroism, not going bankrupt, but finding another way not to pay. 

I admire his persistence and talents and appreciate how well the book is written. It is inspiring in showing how hard work can produce surprising results. It is disappointing in the author's goals, which are largely self-serving, though he seems oblivious to this. He does take responsibility for his failure as well as his successes.


Mine is a minority opinion of this well-received book at Reviews of BURN ZONES

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