771 Best Books on Business & Economics
Winners
Alastair Campbell
How do sportsmen excel, entrepreneurs thrive, or individuals achieve the ambitions? Is their ability to win innate? Or is the winning mindset something we can all develop?In the tradition ofThe Talent Code and The Power of Habit, Campbell draws on the wisdom of an astonishing array of talented people—from elite athletes to media mavens, from rulers of countries to rulers of global business empires.Alastair Campbell has conducted in-depth interviews and uses his own experience in politics and sport to get to the heart of success. He examines how winners tick. He considers how they build great teams. He analyzes how these people deal with unexpected setbacks and new challenges. He judges what the very different worlds of politics, business, and sport can learn from one another. And he sets out a blueprint for winning that we can all follow to achieve our goals.This is a fantastic team-building book, not at all what you would expect given the author. All about getting intense, individualistic, creative people to work together https://t.co/RBJaGhLWNW
How Will You Measure Your Life?
Clayton M. Christensen
Akin to The Last Lecture in its revelatory perspective following life-altering events, "How Will You Measure Your Life?" presents a set of personal guidelines that have helped the author find meaning and happiness in his life.16/ How to Measure Your Life- there will be lots of reasons to get swept up as a founder and forget what you really care about in life. This book helps you stay focused on what you believe matters the most. https://t.co/NZCk2Jl4Ba
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.4/ Hard Thing About Hard Things- the best book I’ve read that talks about the grueling aspect of life as a founder. There is no book that made me feel less lonely as CEO than this one. @bhorowitz https://t.co/MiQ9LUu8qn
Talent
Tyler Cowen
Tyler Cowen and Daniel Gross's Talent offers strategies on how to spot, assess, woo, and retain highly talented people. How do you find talent with a creative spark? To what extent can you predict human creativity, or is human creativity something irreducible before our eyes, perhaps to be spotted or glimpsed by intuition, but unique each time it appears? The art and science of talent search get at exactly those questions. Renowned economist Tyler Cowen and venture capitalist and entrepreneur Daniel Gross guide the reader through the major scientific research areas relevant for talent search, including how to conduct an interview, how much to weigh intelligence, how to judge personality and match personality traits to jobs, how to evaluate talent in on-line interactions such as Zoom calls, why talented women are still undervalued and how to spot them, how to understand the special talents in people who have disabilities or supposed disabilities, and how to use delegated scouts to find talent. Identifying underrated, brilliant individuals is one of the simplest ways to give yourself an organizational edge, and this is the book that will show you how to do that. It is both for people searching for talent, and for those being searched and wish to understand how to better stand out.Talent by @danielgross and @tylercowen - it’s not often that a book on practical business stuff is really good. This one is both interesting and useful. Lots of great mental models but also practical advice. https://t.co/YUIpOShN89
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.@RamliJohn @andrewchen There isn't a single book to call out on the topic.
Monetizing Innovation
Madhavan Ramanujam
"The book explains how most companies get sidetracked by Product-Driven Thinking and how to innovate by starting with the price customers will pay, and creating the product for that price. It will present a process that Simon-Kucher & Partners has used to help dozens of others avoid innovation failure by making pricing and marketing their guiding light throughout the product development process"--If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
How to Win Friends and Influence People
Dale Carnegie
Provides suggestions for successfully dealing with people both in social and business situationsIf you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
Competing Against Luck
Clayton M. Christensen
If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
Continuous Discovery Habits
Teresa Torres
If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
How to Win Friends and Influence People
Dale Carnegie
Provides suggestions for successfully dealing with people both in social and business situationsSketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Competing Against Luck
Clayton M. Christensen
Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Continuous Discovery Habits
Teresa Torres
Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Continuous Discovery Habits
Teresa Torres
I asked my paid newsletter subscribers what book most helped them become a better product manager. Here are the top 10 most mentioned books (in order): 1. Inspired by Marty Cargan by @cagan 2. The Mom Test by @robfitz 3. Continuous Discovery Habits by @ttorres
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.Other books mentioned by at least one person: Build by @tfadell Lean Analytics by Alistair Croll and Ben Yoskovitz Turning the Flywheel by Jim Collins Creative Selection from Ken Kocienda Switch by Chip and Dan Heath Decisive by Chip and Dan Heath
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.Other books mentioned by at least one person: Build by @tfadell Lean Analytics by Alistair Croll and Ben Yoskovitz Turning the Flywheel by Jim Collins Creative Selection from Ken Kocienda Switch by Chip and Dan Heath Decisive by Chip and Dan Heath
Continuous Discovery Habits
Teresa Torres
Other books mentioned by at least one person: Build by @tfadell Lean Analytics by Alistair Croll and Ben Yoskovitz Turning the Flywheel by Jim Collins Creative Selection from Ken Kocienda Switch by Chip and Dan Heath Decisive by Chip and Dan Heath
Thinking, Fast and Slow
Daniel Kahneman
A psychologist draws on years of research to introduce his "machinery of the mind" model on human decision making to reveal the faults and capabilities of intuitive versus logical thinking.Kahneman is a prolific researcher who won the Nobel prize for his work on prospect theory. There are too many foundational papers to cite but THINKING FAST AND SLOW is a fantastic intro to his outsized influence on the discipline of behavioral economics: https://t.co/TJuoNS0Qle
Blue Ocean Strategy, Expanded Edition
W. Chan Kim
Argues against common competitive practices while outlining recommendations based on the creation of untapped market spaces with growth potential.@scientificcons3 The early Figma team decided on the current strategy based on a framework in the book Blue Ocean Strategy
How to Change
Katy Milkman
Award-winning Wharton Professor and Choiceology podcast host Katy Milkman has devoted her career to the study of behavior change. In this ground-breaking book, Milkman reveals a proven path that can take you from where you are to where you want to be, with a foreword from psychologist Angela Duckworth, the best-selling author of Grit. Set audacious goals. Foster good habits. Create social support. You've surely heard this advice before. If you've ever tried to change or encourage it -- to boost exercise or healthy eating, to prevent missed deadlines or kick-start savings -- then you know there are thousands of apps, books, and YouTube videos promising to help and offering sound guidance. And yet, you're still not where you want to be. This trailblazing book from award-winning behavioral scientist and Wharton Professor Katy Milkman explains why. In a career devoted to uncovering what helps people change, Milkman has discovered a crucial thing many of us get wrong: our strategy. Change, she's learned, comes most readily when you understand what's standing between you and success and tailor your solution to that roadblock. If you want to work out more but find exercise difficult and boring, downloading a goal-setting app probably won't help. But what if, instead, you transformed your workouts so they became a source of pleasure instead of a chore? Turning an uphill battle into a downhill one is the key to success. Drawing on Milkman's original research and the work of her dozens of world-renowned scientific collaborators, How to Change shares an innovative new approach that will help you change or encourage change in others. Through case studies, engaging stories, and examples from cutting-edge research, this book illustrates how to identify and overcome the barriers that regularly stand in the way of change. How to Change will teach you: * Why timing can be everything when it comes to making a change * How to turn temptation and inertia into assets that can help you conquer your goals * That giving advice, even if it's about something you're struggling with, can help you achieve more Whether you're a manager, coach, or teacher aiming to help others change for the better or are struggling to kick-start change yourself, How to Change offers an invaluable, science-based blueprint for achieving your goals, once and for all.Katy is best known for her significant work on behavior change as a professor @Wharton. Her bestseller, How to Change, came out last year & received rave reviews. The book is truly a must-read for anyone looking to kick start a change in their life. https://t.co/907jqxFw4s
The Power Law
Sebastian Mallaby
From an award-winning financial historian comes the gripping, character-driven story of venture capital and the world it made Innovations rarely come from "experts." Jeff Bezos was not a bookseller; Elon Musk was not in the auto industry. When it comes to innovation, a legendary venture capitalist told Sebastian Mallaby, the future cannot be predicted, it can only be discovered. Most attempts at discovery fail, but a few succeed at such a scale that they more than make up for everything else. That extreme ratio of success and failure is the power law that drives venture capital, Silicon Valley, the tech sector, and, by extension, the world. Drawing on unprecedented access to the most celebrated venture capitalists of all time, award-winning financial historian Sebastian Mallaby tells the story of this strange tribe of financiers who have funded the world's most successful companies, from Google to SpaceX to Alibaba. With a riveting blend of storytelling and analysis, The Power Law makes sense of the seeming randomness of success in venture capital, an industry that relies, for good and ill, on gut instinct and personality rather than spreadsheets and data. We learn the unvarnished truth about some of the most iconic triumphs and infamous disasters in the history of tech, from the comedy of errors that was the birth of Apple to the venture funding that fostered hubris at WeWork and Uber to the industry's notorious lack of women and ethnic minorities. Now the power law echoes around the world: it has transformed China's digital economy beyond recognition, and London is one of the top cities for venture capital investment. By taking us so deeply into the VCs' game, The Power Law helps us think about our own future through their eyes.hey everyone, we're live with @scmallaby to talk about the history of Silicon Valley & VC... from his amazing book The Power Law https://t.co/7do2nMegFI
Path Integrals in Quantum Mechanics, Statistics, Polymer Physics, and Financial Markets
Hagen Kleinert
This is the fifth, expanded edition of the comprehensive textbook published in 1990 on the theory and applications of path integrals. It is the first book to explicitly solve path integrals of a wide variety of nontrivial quantum-mechanical systems, in particular the hydrogen atom. The solutions have been made possible by two major advances. The first is a new euclidean path integral formula which increases the restricted range of applicability of Feynman's time-sliced formula to include singular attractive 1/r- and 1/r2-potentials. The second is a new nonholonomic mapping principle carrying physical laws in flat spacetime to spacetimes with curvature and torsion, which leads to time-sliced path integrals that are manifestly invariant under coordinate transformations. In addition to the time-sliced definition, the author gives a perturbative, coordinate-independent definition of path integrals, which makes them invariant under coordinate transformations. A consistent implementation of this property leads to an extension of the theory of generalized functions by defining uniquely products of distributions. The powerful FeynmanKleinert variational approach is explained and developed systematically into a variational perturbation theory which, in contrast to ordinary perturbation theory, produces convergent results. The convergence is uniform from weak to strong couplings, opening a way to precise evaluations of analytically unsolvable path integrals in the strong-coupling regime where they describe critical phenomena. Tunneling processes are treated in detail, with applications to the lifetimes of supercurrents, the stability of metastable thermodynamic phases, and thelarge-order behavior of perturbation expansions. A variational treatment extends the range of validity to small barriers. A corresponding extension of the large-order perturbation theory now also applies to small orders. Special attention is devoted to path integrals with topological restrictions needed to understand the statistical properties of elementary particles and the entanglement phenomena in polymer physics and biophysics. The ChernSimons theory of particles with fractional statistics (anyons) is introduced and applied to explain the fractional quantum Hall effect. The relevance of path integrals to financial markets is discussed, and improvements of the famous BlackScholes formula for option prices are developed which account for the fact, recently experienced in the world markets, that large fluctuations occur much more frequently than in Gaussian distributions.@TheSandyCoder Kleinert's book provides a very thorough but somewhat accessible intro https://t.co/TbAhKBY9em
The Cryptopians
Laura Shin
The story of the idealists, technologists, and opportunists fighting to bring cryptocurrency to the masses. In their short history, Bitcoin and other cryptocurrencies have gone through booms, busts, and internecine wars. Yet today they are very much still with us: Bitcoin currently trades for over $50,000, the value of all crypto assets is greater than $1.7 trillion. The central promise of crypto is too good to pass up--vast fortunes made from decentralized networks not controlled by any single entity and not yet regulated by many governments. Yet cryptocurrency was growing increasingly marginal until a brilliant new idea changed its fortunes once again: Ethereum. In this book, Laura Shin takes readers inside the creation of this new form of cryptocurrency network, which enabled users to launch their own new coins, and in so doing, created a new crypto fever. You'll meet people like Vitalik Buterin, the wunderkind whose idea quickly became a $100 billion empire; Charles Hoskinson, the initial CEO who left the project within five months; and Joe Lubin, a former Goldman Sachs VP whose early involvement in Bitcoin and Ethereum helped him become one of crypto's most well-known billionaires. Sparks flew as these outsized personalities fought for their piece of a seemingly limitless new business opportunity. The fortunes of crypto continue to rise and fall, but the people fighting to take it mainstream are making and losing fortunes and careers on it. This fascinating book shows the crypto market for what it really is: a deeply personal struggle to influence the coming revolution in money, culture and power.Laura's book is part-drama and part-comedy, and very eye-opening about how some of the more insane and disruptive tech of recent years was created. https://t.co/lAiHTpdN49
Causal Inference
Scott Cunningham
An accessible, contemporary introduction to the methods for determining cause and effect in the social sciences "Causation versus correlation has been the basis of arguments--economic and otherwise--since the beginning of time. Causal Inference: The Mixtape uses legit real-world examples that I found genuinely thought-provoking. It's rare that a book prompts readers to expand their outlook; this one did for me."--Marvin Young (Young MC) Causal inference encompasses the tools that allow social scientists to determine what causes what. In a messy world, causal inference is what helps establish the causes and effects of the actions being studied--for example, the impact (or lack thereof) of increases in the minimum wage on employment, the effects of early childhood education on incarceration later in life, or the influence on economic growth of introducing malaria nets in developing regions. Scott Cunningham introduces students and practitioners to the methods necessary to arrive at meaningful answers to the questions of causation, using a range of modeling techniques and coding instructions for both the R and the Stata programming languages.Finally got around to picking up a hard copy of @nickchk’s “The Effect”🥳 I’m about 1/3 of the way through @causalinf’s Mixtape, and figured WHY WAIT, these two books seem like they’d be great to read together! “The Effect” is a thick/chunky book! Can’t wait to dig in 📙📘 https://t.co/ksb6oNLVW8
Out of the Crisis
W. Edwards Deming
@J_rob1018 My biz book canon: The Origin of Wealth, Certain to Win, Maverick, Out of the Crisis, Alchemy, Zero To One, 7 Powers, The Intelligent Investor
Alchemy
Rory Sutherland
We think we are rational creatures. Economics and business rely on the assumption that we make logical decisions based on evidence. But we arent, and we dont. In many crucial areas of our lives, reason plays a vanishingly small part. Instead we are driven by unconscious desires, which is why placebos are so powerful. We are drawn to the beautiful, the extravagant and the absurd from lavish wedding invitations to tiny bottles of the latest fragrance. So if you want to influence peoples choices you have to bypass reason. The best ideas dont make rational sense: they make you feel more than they make you think. Rory Sutherland is the Ogilvy advertising legend whose TED Talks have been viewed nearly 7 million times. In his first book he blends cutting-edge behavioural science, jaw-dropping stories and a touch of branding magic, on his mission to turn us all into idea alchemists. The big problems we face every day, whether as an individual or in society, could very well be solved by letting go of logic and embracing the irrational.@J_rob1018 My biz book canon: The Origin of Wealth, Certain to Win, Maverick, Out of the Crisis, Alchemy, Zero To One, 7 Powers, The Intelligent Investor
Zero to One
Blake Masters
WHAT VALUABLE COMPANY IS NOBODY BUILDING? The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. If you are copying these guys, you aren’t learning from them. It’s easier to copy a model than to make something new: doing what we already know how to do takes the world from 1 to n, adding more of something familiar. Every new creation goes from 0 to 1. This book is about how to get there. ‘Peter Thiel has built multiple breakthrough companies, and Zero to One shows how.’ ELON MUSK, CEO of SpaceX and Tesla ‘This book delivers completely new and refreshing ideas on how to create value in the world.’ MARK ZUCKERBERG, CEO of Facebook ‘When a risk taker writes a book, read it. In the case of Peter Thiel, read it twice. Or, to be safe, three times. This is a classic.’ NASSIM NICHOLAS TALEB, author of The Black Swan@J_rob1018 My biz book canon: The Origin of Wealth, Certain to Win, Maverick, Out of the Crisis, Alchemy, Zero To One, 7 Powers, The Intelligent Investor
The Origin of Wealth
Eric D. Beinhocker
What is wealth?How is it created? And how can we create more of it for the benefit of individuals, businesses, and societies?In The Origin of Wealth,Eric Beinhocker provides provocative new answers to these fundamental questions. Beinhocker surveys the cutting-edge ideas of economists and scientists and brings their work alive for a broad audience. These researchers, he explains, are revolutionizing economics by showing how the economy is an evolutionary system, much like a biological system. It is economic evolution that creates wealth and has taken us from the Stone Age to the $36.5 trillion global economy of today. By better understanding economic evolution, Beinhocker writes, we can better understand how to create more wealth. The author shows how “complexity economics” is turning conventional wisdom on its head in areas ranging from business strategy and organizational design to investment strategy and public policy. As sweeping in scope as its title,The Origin of Wealthwill rewire our thinking about the workings of the global economy and where it is going.@J_rob1018 My biz book canon: The Origin of Wealth, Certain to Win, Maverick, Out of the Crisis, Alchemy, Zero To One, 7 Powers, The Intelligent Investor
Build the Damn Thing
Kathryn Finney
An indispensable guide to building a startup and breaking down the barriers for diverse entrepreneurs from the visionary venture capitalist and pioneering entrepreneur Kathryn Finney. Build the Damn Thing is a hard-won, battle-tested guide for every entrepreneur who the establishment has left out. Finney, an investor and startup champion, explains how to build a business from the ground up, from developing a business plan to finding investors, growing a team, and refining a product. Finney empowers entrepreneurs to take advantage of their unique networks and resources; arms readers with responses to investors who say, “great pitch but I just don’t do Black women”; and inspires them to overcome naysayers while remaining “100% That B*tch.” Don’t wait for the system to let you in—break down the door and build your damn thing. For all the Builders striving to build their businesses in a world that has overlooked and underestimated them: this is the essential guide to knowing, breaking, remaking and building your own rules of entrepreneurship in a startup and investing world designed for and by the “Entitleds.”Congrats to my friend @KathrynFinney and @GeniusGuild on the release of her book “Build the Damn Thing!” As a (now) rich white guy I’m gonna read this book to learn how I can support everyone with a dream and an idea who wants to BUILD! https://t.co/0Fmlqn1UOl #ref https://t.co/w7cmizO4Eb
Pizza Tiger
Tom Monaghan
The founder of Domino's Pizza explains how he expanded his business into the largest pizza delivery company in the world, discussing how ingenuity and strict personal ethics have made the American Dream come trueBtw this book is 10/10 https://t.co/GmuPQW9zXH
Monetizing Innovation
Madhavan Ramanujam
"The book explains how most companies get sidetracked by Product-Driven Thinking and how to innovate by starting with the price customers will pay, and creating the product for that price. It will present a process that Simon-Kucher & Partners has used to help dozens of others avoid innovation failure by making pricing and marketing their guiding light throughout the product development process"--There are only 3 hard problems in SaaS: 1) self-serve pricing 2) enterprise pricing, and 3) re-pricing every 9 months 🙂 Bonus reco: That’s why you need to read Monetizing Innovation: an intentional, strategic approach for pricing your product https://t.co/YRkpzC5Fy3
7 Powers
Hamilton Helmer
7 Powers details a strategy toolset that enables you to build an enduringly valuable company. It was developed by Hamilton Helmer drawing on his decades of experience as a strategy advisor, equity investor and Stanford University teacher. This is must reading for any business person and applies to all businesses, new or mature, large or small.9/ 7 Powers: excellent book that describes the 7 strategic powers that create differentiation and lasting business success: scale economies, network effects, counter-positioning (my favorite), switching costs, branding, cornered resource, process power https://t.co/zTXyF08Bgz
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.10/ Crossing the Chasm: a high tech marketing classic, introduces Technology Adoption Lifecycle & the “chasm” you have to cross to grow your product’s adoption from “early adopters” to the “early majority” group (some examples are dated, but still good) https://t.co/xfTjRqxhl3
Understanding Michael Porter
Joan Magretta
Examines and explains the revolutionary business frameworks of Michael Porter, with examples to illustrate and update Porter's ideas for achieving and sustaining competitive success.8/ Understanding Michael Porter: the first book you should read on strategy, esp. if you’re in B2B. A fabulous, accessible summary of Michael Porter’s timeless strategy frameworks. Another book I recommend very often to B2B founders and product leaders https://t.co/d64uNmXhJQ
Competing Against Luck
Clayton M. Christensen
4/ Competing Against Luck: for understanding the real Job To Be Done, conceiving products & solutions that resonate with customers, and appreciating the role of creativity in product success https://t.co/3qqvW7rxdu
Amp It Up
Frank Slootman
The secret to leading growth is your mindset Snowflake CEO Frank Slootman is one of the tech world's most accomplished executives in enterprise growth, having led Snowflake to the largest software IPO ever after leading ServiceNow and Data Domain to exponential growth and the public market before that. In Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity, he shares his leadership approach for the first time. Amp It Up delivers an authoritative look at what it takes to transform an organization for maximum growth and scale. Slootman shows that most leaders have significant room to improve their organization's performance without making expensive changes to their talent, structure, or fundamental business model—and they don’t need to bring in an army of consultants to do it. What they do need is to align people around what matters and execute with urgency and intensity every day. Leading for unprecedented growth means declaring war on mediocrity, breaking the status quo, and making conflicted choices daily, all with a relentless focus on the mission. Amp It Up provides the first principles to guide that change, and the tactical advice for organizing a company around them. Perfect for executives, entrepreneurs, founders, managers, and leaders of all kinds, Amp It Up is a must-read resource for anyone who seeks to unleash the growth potential of a company and scale it to heights they never thought possible.2/ Amp It Up: an informative & actionable account of the operations & principles behind Snowflake’s success. Lots to understand & learn about how to build & scale modern B2B tech companies. https://t.co/YvguqFCS3L
Talent
Tyler Cowen
Tyler Cowen and Daniel Gross's Talent offers strategies on how to spot, assess, woo, and retain highly talented people. How do you find talent with a creative spark? To what extent can you predict human creativity, or is human creativity something irreducible before our eyes, perhaps to be spotted or glimpsed by intuition, but unique each time it appears? The art and science of talent search get at exactly those questions. Renowned economist Tyler Cowen and venture capitalist and entrepreneur Daniel Gross guide the reader through the major scientific research areas relevant for talent search, including how to conduct an interview, how much to weigh intelligence, how to judge personality and match personality traits to jobs, how to evaluate talent in on-line interactions such as Zoom calls, why talented women are still undervalued and how to spot them, how to understand the special talents in people who have disabilities or supposed disabilities, and how to use delegated scouts to find talent. Identifying underrated, brilliant individuals is one of the simplest ways to give yourself an organizational edge, and this is the book that will show you how to do that. It is both for people searching for talent, and for those being searched and wish to understand how to better stand out.If you’re in the job of evaluating talent ( and almost of us are), I can’t endorse @tylercowen and @danielgross’s new book strongly enough. Written by two people who deeply understand human beings.
Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.The book is less fanciful, though seems skewed by the obvious sources who dished to Isaac. I still enjoyed reading it (with a big disclaimer). https://t.co/fyxrtNinZD
The Man Who Solved the Market
Gregory Zuckerman
Bestselling author and veteran Wall Street Journal reporter Zuckerman answers the question investors have been asking for decades: How did Jim Simons do it? Simons is the greatest money maker in modern financial history. His track record bests those of legendary investors including Warren Buffett, Peter Lynch, Ray Dalio, and George Soros..@josh_wills @chrisalbon +1 this rec, but as a fun / casual read. Didn't feel technical at all -- It's pretty storybook-y & deep dive into Mercer lol, but I love good (& somewhat embellished) stories
- Vell Executive Search, a Boston-based executive search firm, has released its latest report. Titled "Women Board Members in Tech Companies: Strategies for Building High Performing Diverse Boards," the report offers an in-depth look at the topic and recommendations for creating greater diversity. "We studied 581 public technology companies in the U.S. and Canada with at least $100 million in revenues. What we found in many ways is encouraging: large public tech companies are embracing women on their boards," said Dora Vell, CEO of Vell Executive Search. "But there is still room for growth, especially in smaller companies." According to the report, 411 companies have at least one woman on their board, with 30% having none and 36% only one. Less than 12% have three or more women on their boards, the minimum number required to correlate with greater company performance. "The smaller the company, the fewer women board members," Vell said. "In companies with revenues of $100 million to $500 million, women hold 216 board seats out of a total of 1880. Nearly all companies with revenues over $5 billion have at least one woman board member." The latest Vell report looks at three key company factors: revenues, sectors and insiders. The report also looks at characteristics women directors possess that drive one or more board invites, board leadership roles and membership in the 20 largest companies. Ultimately, the Vell report concludes the tech industry must look at the entire ecosystem—not just the largest companies—to drive greater gender balance on boards. Closing the gap, Vell said, is no longer just a matter of breaking through a glass ceiling, but opening doors for women to gain experience in smaller companies. Vell offers strategic recommendations for overcoming the challenges and helping tech companies diversify their boards. These include drastically extending the succession planning timeline, training high potential executives internally with governance matters, and seeding the ecosystem by assisting smaller companies to identify outstanding diverse talent.
@sebastianspier Sure, feel free to use. As with any fair use, I'm always supportive of linking, fair quoting, using images with attribution: same here. The book is an interesting experiment. I'm more vary of patterns since observing how eg design patterns did not live up to their promise.
Made in Japan
Akio Morita
The chairman of the Sony Corporation discusses the rise of Sony, his extraordinary career as a businessman, and his views on the United States, Japan, and the world economy.Book 10 The strongest companies emerge from fierce competition that demands the ability to continuously identify technical breakthroughs and package them into products that deliver real value to people https://t.co/wkfRAgS8gF
Loved
Martina Lauchengco
I just listened to the LOVED audio book sample and @mavinmartina sounds like a professional narrator - she makes it seem easy (it's not!). For those that prefer listening rather than reading, check out: https://t.co/kGpJCesJan
Just Keep Buying
Nick Maggiulli
Everyone faces big questions when it comes to money: questions about saving, investing, and whether you're getting it right with your finances. Unfortunately, many of the answers provided by the financial industry have been based on belief and conjecture rather than data and evidence--until now. In Just Keep Buying, hugely popular finance blogger Nick Maggiulli crunches the numbers to answer the biggest questions in personal finance and investing, while providing you with proven ways to build your wealth right away. You will learn why you need to save less than you think; why saving up cash to buy market dips isn't a good idea; how to survive (and thrive) during a market crash; and much more. By following the strategies revealed here, you can act smarter and live richer each and every day. It's time to take the next step in your wealth-building journey. It's time to Just Keep Buying.Just Keep Buying by @dollarsanddata is amazing. I was lucky enough to get an advanced copy. If you are already familiar with his blog, you know the quality of his writing. This book does not disappoint! https://t.co/iLFzC6heEl https://t.co/jbebp7fvcG
The Son Also Rises
Gregory Clark
"How much of our fate is tied to the status of our parents and grandparents? How much does this influence our children? More than we wish to believe! While it has been argued that rigid class structures have eroded in favor of greater social equality, The Son Also Rises proves that movement on the social ladder has changed little over eight centuries. Using a novel technique -- tracking family names over generations to measure social mobility across countries and periods -- renowned economic historian Gregory Clark reveals that mobility rates are lower than conventionally estimated, do not vary across societies, and are resistant to social policies. The good news is that these patterns are driven by strong inheritance of abilities and lineage does not beget unwarranted advantage. The bad news is that much of our fate is predictable from lineage. Clark argues that since a greater part of our place in the world is predetermined, we must avoid creating winner-take-all societies."--Jacket.This book is quite something. HT @matthewclifford https://t.co/FkH6XVXV27
Alchemy
Rory Sutherland
We think we are rational creatures. Economics and business rely on the assumption that we make logical decisions based on evidence. But we arent, and we dont. In many crucial areas of our lives, reason plays a vanishingly small part. Instead we are driven by unconscious desires, which is why placebos are so powerful. We are drawn to the beautiful, the extravagant and the absurd from lavish wedding invitations to tiny bottles of the latest fragrance. So if you want to influence peoples choices you have to bypass reason. The best ideas dont make rational sense: they make you feel more than they make you think. Rory Sutherland is the Ogilvy advertising legend whose TED Talks have been viewed nearly 7 million times. In his first book he blends cutting-edge behavioural science, jaw-dropping stories and a touch of branding magic, on his mission to turn us all into idea alchemists. The big problems we face every day, whether as an individual or in society, could very well be solved by letting go of logic and embracing the irrational.@imgracehuang For sure, such a wonderful book. I recommend Alchemy all the time to product people https://t.co/PglD1OvXCD
Building a Second Brain
Tiago Forte
A revolutionary approach to enhancing productivity, creating flow, and vastly increasing your ability to capture, remember, and benefit from the unprecedented amount of information all around us. For the first time in history, we have instantaneous access to the world’s knowledge. There has never been a better time to learn, to contribute, and to improve ourselves. Yet, rather than feeling empowered, we are often left feeling overwhelmed by this constant influx of information. The very knowledge that was supposed to set us free has instead led to the paralyzing stress of believing we’ll never know or remember enough. Now, this eye-opening and accessible guide shows how you can easily create your own personal system for knowledge management, otherwise known as a Second Brain. As a trusted and organized digital repository of your most valued ideas, notes, and creative work synced across all your devices and platforms, a Second Brain gives you the confidence to tackle your most important projects and ambitious goals. Discover the full potential of your ideas and translate what you know into more powerful, more meaningful improvements in your work and life by Building a Second Brain.This book is going to catapult the knowledge management space to the mainstream. Such a masterpiece. https://t.co/EE3vu8yc6Y
The Daily Stoic
Ryan Holiday
Why have history's greatest minds embraced the wisdom of the ancient Stoics? Because they realize that the most valuable wisdom is timeless and that philosophy is for living a better life, not a classroom exercise. Holiday and Hanselman off 366 days of Stoic insights and exercises, to help you find the serenity, self-knowledge, and resilience you need to live well.--Worldcat.There are some amazing resources here. The Daily Stoic by @RyanHoliday is at the top of this list. It’s an incredible repository of short, daily insights from Stoic philosophy. https://t.co/Mfj9qpEzjI https://t.co/uATV5rflry
Just Keep Buying
Nick Maggiulli
Everyone faces big questions when it comes to money: questions about saving, investing, and whether you're getting it right with your finances. Unfortunately, many of the answers provided by the financial industry have been based on belief and conjecture rather than data and evidence--until now. In Just Keep Buying, hugely popular finance blogger Nick Maggiulli crunches the numbers to answer the biggest questions in personal finance and investing, while providing you with proven ways to build your wealth right away. You will learn why you need to save less than you think; why saving up cash to buy market dips isn't a good idea; how to survive (and thrive) during a market crash; and much more. By following the strategies revealed here, you can act smarter and live richer each and every day. It's time to take the next step in your wealth-building journey. It's time to Just Keep Buying.@david_perell @dollarsanddata My guy @dollarsanddata about to drop some amazing knowledge in his book. https://t.co/iYnTzLLsIb
Work Pray Code
Carolyn Chen
Her book, both sociological study and cultural rumination, is worth reading. Filled with interviews with actual employees who've subbed in their work lives for a broader religious or community one. It'll resonate with anyone in the Valley daze. https://t.co/9O0Vce3mF9
The Outsiders
William Thorndike
It's time to redefine the CEO success story. Meet eight iconoclastic leaders who helmed firms where returns on average outperformed the S&P 500 by more than 20 times.@VTocks Outsiders in one of my favorite books!
Religion and the Rise of Capitalism
Benjamin M. Friedman
The author demonstrates that the foundational transition in thinking about what is now called economics, beginning in the 18th century, was decisively shaped by the hotly contended lines of religious thought within the English-speaking Protestant world.Book 7 The rational thinking that shapes our models emerges from the pre-rational thinking that shapes our worldviews https://t.co/TKdWWDoahf
Common Stocks and Uncommon Profits and Other Writings
Philip A. Fisher
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction "I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments." —Warren BuffetBook 6 No stock is due a period of high performance. Double down on companies that make a habit of creating new value by bringing existing strengths to bare on relevant adjacent opportunities https://t.co/H25YjDZPte
The Cryptopians
Laura Shin
The story of the idealists, technologists, and opportunists fighting to bring cryptocurrency to the masses. In their short history, Bitcoin and other cryptocurrencies have gone through booms, busts, and internecine wars. Yet today they are very much still with us: Bitcoin currently trades for over $50,000, the value of all crypto assets is greater than $1.7 trillion. The central promise of crypto is too good to pass up--vast fortunes made from decentralized networks not controlled by any single entity and not yet regulated by many governments. Yet cryptocurrency was growing increasingly marginal until a brilliant new idea changed its fortunes once again: Ethereum. In this book, Laura Shin takes readers inside the creation of this new form of cryptocurrency network, which enabled users to launch their own new coins, and in so doing, created a new crypto fever. You'll meet people like Vitalik Buterin, the wunderkind whose idea quickly became a $100 billion empire; Charles Hoskinson, the initial CEO who left the project within five months; and Joe Lubin, a former Goldman Sachs VP whose early involvement in Bitcoin and Ethereum helped him become one of crypto's most well-known billionaires. Sparks flew as these outsized personalities fought for their piece of a seemingly limitless new business opportunity. The fortunes of crypto continue to rise and fall, but the people fighting to take it mainstream are making and losing fortunes and careers on it. This fascinating book shows the crypto market for what it really is: a deeply personal struggle to influence the coming revolution in money, culture and power.Currently reading this on the history of Ethereum, by @laurashin (whom I should probably have on the Pull Request @getcallin show). https://t.co/MLK6wKppJX
This Time Is Different
Carmen M. Reinhart
Examines financial crises of the past and discusses similarities between these events and the current crisis, presenting and comparing historical patterns in bank failures, inflation, debt, currency, housing, employment, and government spending.@natbrunell Big Debt Crisis This Time Is Different The Death of Money Any book on equity IRRs Any book on valuing bonds The Changing World Order Richard Koo books are interesting but incomplete in his analysis (IMHO) I suspect you're good on the BTC books :-)
Big Debt Crises
Ray Dalio
"Ray Dalio's excellent study provides an innovative way of thinking about debt crises and the policy response." - Ben Bernanke "Ray Dalio's book is must reading for anyone who aspires to prevent or manage through the next financial crisis." - Larry Summers "A terrific piece of work from one of the world's top investors who has devoted his life to understanding markets and demonstrated that understanding by navigating the 2008 financial crisis well." - Hank Paulson "An outstanding history of financial crises, including the devastating crisis of 2008, with a very valuable framework for understanding why the engine of the financial system occasionally breaks down, and what types of policy actions by central banks and governments are necessary to resolve systemic financial crises. This should serve as a play book for future policy makers, with practical guidance about what to do and what not to do." - Tim Geithner "Dalio's approach, as in his investment management, is to synthesize information, and to convert a sprawling and multi-faceted issue into a clear-cut process of cause and effect. Critically, he simplifies without over-simplifying." - Financial Times For the 10th anniversary of the 2008 financial crisis, one of the world's most successful investors, Ray Dalio, shares his unique template for how debt crises work and principles for dealing with them well. This template allowed his firm, Bridgewater Associates, to anticipate events and navigate them well while others struggled badly. As he explained in his #1 New York Times Bestseller, Principles: Life & Work, Dalio believes that most everything happens over and over again through time so that by studying their patterns one can understand the cause-effect relationships behind them and develop principles for dealing with them well. In this 3-part research series, he does that for big debt crises and shares his template in the hopes reducing the chances of big debt crises happening and helping them be better managed in the future. The template comes in three parts:: 1) The Archetypal Big Debt Cycle (which explains the template), 2) 3 Detailed Cases (which examines in depth the 2008 financial crisis, the 1930's Great Depression, and the 1920's inflationary depression of Germany's Weimar Republic), and 3) Compendium of 48 Cases (which is a compendium of charts and brief descriptions of the worst debt crises of the last 100 years). Whether you're an investor, a policy maker, or are simply interested, the unconventional perspective of one of the few people who navigated the crises successfully, Principles for Navigating Big Debt Crises will help you understand the economy and markets in revealing new ways.@natbrunell Big Debt Crisis This Time Is Different The Death of Money Any book on equity IRRs Any book on valuing bonds The Changing World Order Richard Koo books are interesting but incomplete in his analysis (IMHO) I suspect you're good on the BTC books :-)
The Death of Money
James Rickards
In this New York Times bestseller and Wall Street Journal bestseller, Rickards explores the future of the international monetary system 'A fast-paced and apocalyptic look at the financial future, taking in financiers' greed, central banks' incompetence and impending Armageddon for the dollar ... Rickards may be right that the system is going wobbly.' Financial Times The international monetary system has collapsed three times in the past hundred years. Each collapse was followed by a period of war, civil unrest, or damage to the stability of the global economy. Now James Rickards explains why another collapse is rapidly approaching. The US dollar has been the global reserve currency since the end of the Second World War. If the dollar fails the entire international monetary system will fail with it. But Washington is gridlocked, and America's biggest competitors - China, Russia, and the Middle East - are doing everything possible to end US monetary hegemony. The potential results: Financial warfare. Deflation. Hyperinflation. Market collapse. Chaos. James Rickards offers a bracing analysis of the fundamental problem: money and wealth have become ever more detached. Money is transitory and ephemeral; wealth is permanent and tangible. While wealth has real value worldwide, money may soon be worthless. The world's big players - governments, banks, institutions - will muddle through by making up new rules, and the real victims of the next crisis will be small investors. Fortunately, it is not too late to prepare for the coming death of money. In this riveting book, James Rickards shows us how. 'A terrifically interesting and useful book...fascinating' Kenneth W. Dam, former deputy secretary of the Treasury and adviser to three presidents James Rickards is the author of Currency Wars, which has been translated into eight languages and won rave reviews from the Financial Times, Bloomberg, and Politico. He is a portfolio manager at West Shore Group and an adviser on international economics and financial threats to the Department of Defense and the U.S. intelligence community. He served as facilitator of the first-ever financial war games conducted by the Pentagon. He lives in Connecticut.@natbrunell Big Debt Crisis This Time Is Different The Death of Money Any book on equity IRRs Any book on valuing bonds The Changing World Order Richard Koo books are interesting but incomplete in his analysis (IMHO) I suspect you're good on the BTC books :-)
The Cryptopians
Laura Shin
The story of the idealists, technologists, and opportunists fighting to bring cryptocurrency to the masses. In their short history, Bitcoin and other cryptocurrencies have gone through booms, busts, and internecine wars. Yet today they are very much still with us: Bitcoin currently trades for over $50,000, the value of all crypto assets is greater than $1.7 trillion. The central promise of crypto is too good to pass up--vast fortunes made from decentralized networks not controlled by any single entity and not yet regulated by many governments. Yet cryptocurrency was growing increasingly marginal until a brilliant new idea changed its fortunes once again: Ethereum. In this book, Laura Shin takes readers inside the creation of this new form of cryptocurrency network, which enabled users to launch their own new coins, and in so doing, created a new crypto fever. You'll meet people like Vitalik Buterin, the wunderkind whose idea quickly became a $100 billion empire; Charles Hoskinson, the initial CEO who left the project within five months; and Joe Lubin, a former Goldman Sachs VP whose early involvement in Bitcoin and Ethereum helped him become one of crypto's most well-known billionaires. Sparks flew as these outsized personalities fought for their piece of a seemingly limitless new business opportunity. The fortunes of crypto continue to rise and fall, but the people fighting to take it mainstream are making and losing fortunes and careers on it. This fascinating book shows the crypto market for what it really is: a deeply personal struggle to influence the coming revolution in money, culture and power.Ordered: The Cryptopians by @laurashin https://t.co/rCwSCSbvQR
The Minimalist Entrepreneur
Sahil Lavingia
A new roadmap for building sustainable startups that last beyond the hype. As more and more cracks form in the myth of the VC-funded, IPO-driven billion-dollar company--they're not profitable, and are unethically run to boot--entrepreneurs are seeking an alternative path to building useful, sustainable, and sane businesses. The Minimalist Startup is the manifesto for a new generation of entrepreneurs who would rather build great companies than big ones. In 2011, Sahil Lavingia left his position as the second hire at Pinterest to chase his own dream of founding a billion-dollar company. His startup, Gumroad, was growing quickly and raising venture capital easily. Gumroad, a platform connecting creators with sellers, seemed like it was on the road to unicorn status, with the fancy offices and rapid hiring to match. Until one quarter, when growth faltered, and everything crumbled. But Lavingia rebuilt Gumroad from the ground up. In contrast to the waste and hypergrowth-for-growth's sake mentality that characterized his first attempt, he became a minimalist entrepreneur. Weaving together his own experience at Gumroad with stories of other likeminded companies, he offers a new roadmap for entrepreneurs choosing to grow meaningfully over growing unsustainably. Unicorns are not the best or only path for a startup. The Minimalist Entrepreneur teaches founders how to resist investments that set you up to fail, run a tight ship amid the rise of the gig economy and remote work, develop and release products without failing fast or often, and how to get to profitability and stay there.Some excerpts -- @shl writing about @interintellect_ in The Minimalist Entrepreneur, a book for our times!! https://t.co/UXoTSWUs6c
Just Keep Buying
Nick Maggiulli
Everyone faces big questions when it comes to money: questions about saving, investing, and whether you're getting it right with your finances. Unfortunately, many of the answers provided by the financial industry have been based on belief and conjecture rather than data and evidence--until now. In Just Keep Buying, hugely popular finance blogger Nick Maggiulli crunches the numbers to answer the biggest questions in personal finance and investing, while providing you with proven ways to build your wealth right away. You will learn why you need to save less than you think; why saving up cash to buy market dips isn't a good idea; how to survive (and thrive) during a market crash; and much more. By following the strategies revealed here, you can act smarter and live richer each and every day. It's time to take the next step in your wealth-building journey. It's time to Just Keep Buying.Highly recommend @dollarsanddata's new (and first) book, it's great. https://t.co/x27sPjL6Cy https://t.co/eQGffan3rS
Common Stocks and Uncommon Profits and Other Writings
Philip A. Fisher
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction "I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments." —Warren Buffet@varma_ashwin97 https://t.co/NBEqsOOY2X
Pure Invention
Matt Alt
In the 1970s and '80s, Japan soared on the superior technology of Sony and Toyota while the West struggled to catch up. Then a catastrophic 1990 stock-market crash ushered in the "lost decades" of deep recession and social dysfunction. They should have plunged Japan into irrelevance; instead its cultural clout soared. Hello Kitty, the Nintendo Entertainment System, and entertainment empires like Pokémon and Dragon Ball Z--artfully packaged, dangerously cute, and dizzyingly fun--made Japan the forge of the world's fantasies, and gave us new tools for coping with trying times. Alt reveals how Japanese ingenuity remade global culture and may have created modern life as we know it. -- adapted from jacketReading Pure Invention, a book about the postwar Japanese entrepreneurs that made the electronics and media industries. It’s really good. Highlight was the story of Sony.
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.@blakraven7 Check out Thinking in Bets by Annie Duke (excellent book that covers similar topics)
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.@SHARMONJONES Yes, love both books
Amp It Up
Frank Slootman
The secret to leading growth is your mindset Snowflake CEO Frank Slootman is one of the tech world's most accomplished executives in enterprise growth, having led Snowflake to the largest software IPO ever after leading ServiceNow and Data Domain to exponential growth and the public market before that. In Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity, he shares his leadership approach for the first time. Amp It Up delivers an authoritative look at what it takes to transform an organization for maximum growth and scale. Slootman shows that most leaders have significant room to improve their organization's performance without making expensive changes to their talent, structure, or fundamental business model—and they don’t need to bring in an army of consultants to do it. What they do need is to align people around what matters and execute with urgency and intensity every day. Leading for unprecedented growth means declaring war on mediocrity, breaking the status quo, and making conflicted choices daily, all with a relentless focus on the mission. Amp It Up provides the first principles to guide that change, and the tactical advice for organizing a company around them. Perfect for executives, entrepreneurs, founders, managers, and leaders of all kinds, Amp It Up is a must-read resource for anyone who seeks to unleash the growth potential of a company and scale it to heights they never thought possible.@jrichlive Such a good book
Deficit Myth
Stephanie Kelton
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.Book 5 There’s a compelling line of argument that the only spending limit for a currency issuer like the US is inflation as you run up against actual resource constraints — but the last year makes me question the author’s assumed slack in the economy https://t.co/0M1bDAamFb
The Manager's Path
Camille Fournier
Managing people is difficult wherever you work. But in the tech industry, where management is also a technical discipline, the learning curve can be brutal--especially when there are few tools, texts, and frameworks to help you. In this practical guide, author Camille Fournier (tech lead turned CTO) takes you through each stage in the journey from engineer to technical manager. From mentoring interns to working with senior staff, you'll get actionable advice for approaching various obstacles in your path. This book is ideal whether you're a new manager, a mentor, or a more experienced leader looking for fresh advice. Pick up this book and learn how to become a better manager and leader in your organization. Begin by exploring what you expect from a manager Understand what it takes to be a good mentor, and a good tech lead Learn how to manage individual members while remaining focused on the entire team Understand how to manage yourself and avoid common pitfalls that challenge many leaders Manage multiple teams and learn how to manage managers Learn how to build and bootstrap a unifying culture in teams@cherishSLC @StevenBoneDev @ConstruxSW https://t.co/AJuBtQpPlP
Ringtone
Yves Doz
In less than three decades, Nokia emerged from Finland to lead the mobile phone revolution. It grew to have one of the most recognizable and valuable brands in the world and then fell into decline, leading to the sale of its mobile phone business to Microsoft. This book explores and analyzes that journey and distils observations and learning points for anyone keen to understand what drove Nokia's amazing success and sudden downfall. With privileged access to Nokia's senior managers over the last twenty years followed by a more concerted research agenda from 2015, the authors describe and analyze, the various stages in Nokia's journey. The book describes leaders making strategic and organizational decisions, their behavior and interactions, and how they succeeded and failed to inspire and engage their employees. Perhaps most intriguingly, it opens the proverbial 'black box' of why and how things actually happen at the top of organizations. Why did things fall apart? To what extent were avoidable mistakes made? Did the world around Nokia change too fast for it to adapt? And, did Nokia's success contain the seeds of its failure?Reading “Ringtone”—excellent book (if a bit dry) detailing the downfall of Nokia. It makes me wonder: was it even possible for them to succeed in smartphones? Or were they doomed, no matter how competent the mgmt team? Any examples of co’s in a similar position that won?
The Culture Map
Erin Meyer
An international business school professor discusses how to accept and understand diversity and work more effectively and sensitively with colleagues and counterparts from different countries with very different cultures in the new global marketplace. 15,000 first printing.I love how this book challenges my thinking, using everyday examples from the workplace - like a performance review, a meeting, or a team with several cultures experiencing miscommunication. Being more “culture-aware” is the first step in working well with others.
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.Crossing the Chasm was one of the books that got me interested in business This convo with @geoffreyamoore is a comprehensive review of his frameworks for business, built across a long and storied career. You’ll need a notebook! Enjoy https://t.co/V5EFelq5Sf https://t.co/FlC0SERUke
Deficit Myth
Stephanie Kelton
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.Paired reading for the next few weeks https://t.co/uCheE9ltMw
Money
Felix Martin
A historical epic by an Oxford-educated economist traces the development and evolution of money from its origins in the ancient world to the gold standard, challenging conventional understandings while exploring the world's complicated monetary systems. 75,000 first printing.@lisatomic5 Best book for building intuition about the nature of money is “Money: The Unauthorized Biography” IMO
The Innovator's Dilemma
Clayton M. Christensen
The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller--one of the most influential business books of all time--innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right--yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative--and consistently noted as one of the most valuable business ideas of all time--The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.The Innovator's Dilemma
Clayton M. Christensen
The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller--one of the most influential business books of all time--innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right--yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative--and consistently noted as one of the most valuable business ideas of all time--The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.The Innovator's Dilemma
Clayton M. Christensen
The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller--one of the most influential business books of all time--innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right--yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative--and consistently noted as one of the most valuable business ideas of all time--The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.Zero to One
Peter A. Thiel
The billionaire Silicon Valley entrepreneur behind such companies as PayPal and Facebook outlines an innovative theory and formula for building the companies of the future by creating and monopolizing new markets instead of competing in old ones. 200,000 first printing.Competitive Strategy
Michael E. Porter
Now nearing its sixtieth printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Electrifying in its simplicity—like all great breakthroughs—Porter’s analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies—lowest cost, differentiation, and focus—which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment. More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors, and choose competitive positions. The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing. Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter’s rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century.@vc https://t.co/dzsdYJPjMl
Subprime Attention Crisis
Tim Hwang
From FSGO x Logic: a revealing examination of digital advertising and the internet's precarious foundation In Subprime Attention Crisis, Tim Hwang investigates the way big tech financializes attention. In the process, he shows us how digital advertising—the beating heart of the internet—is at risk of collapsing, and that its potential demise bears an uncanny resemblance to the housing crisis of 2008. From the unreliability of advertising numbers and the unregulated automation of advertising bidding wars, to the simple fact that online ads mostly fail to work, Hwang demonstrates that while consumers’ attention has never been more prized, the true value of that attention itself—much like subprime mortgages—is wildly misrepresented. And if online advertising goes belly-up, the internet—and its free services—will suddenly be accessible only to those who can afford it. Deeply researched, convincing, and alarming, Subprime Attention Crisis will change the way you look at the internet, and its precarious future. FSG Originals × Logic dissects the way technology functions in everyday lives. The titans of Silicon Valley, for all their utopian imaginings, never really had our best interests at heart: recent threats to democracy, truth, privacy, and safety, as a result of tech’s reckless pursuit of progress, have shown as much. We present an alternate story, one that delights in capturing technology in all its contradictions and innovation, across borders and socioeconomic divisions, from history through the future, beyond platitudes and PR hype, and past doom and gloom. Our collaboration features four brief but provocative forays into the tech industry’s many worlds, and aspires to incite fresh conversations about technology focused on nuanced and accessible explorations of the emerging tools that reorganize and redefine life today.Finally, we talk about Tim's book, Subprime Attention Crisis -- he predicts a bubble in targeted digital advertising... Is there a strong foundation for the value created by Facebook, Google, and Twitter? Or is it an illusion waiting to collapse? https://t.co/ghBviKlkpA
Blitzscaling
Reid Hoffman
What entrepreneur or founder doesnt aspire to build the next Amazon, Facebook, or Airbnb? Yet those who actually manage to do so are exceedingly rare. So what separates the startups that get disrupted and disappear from the ones who grow to become global giants? The secret is blitzscaling: a set of techniques for scaling up at a dizzying pace that blows competitors out of the water. The objective of Blitzscaling is not to go from zero to one, but from one to one billion as quickly as possible.@tikhonjelvis @bartekci Have you read this book? It’s the type of scaling I’m referring to that several hypergrowth companies do deliberately, to win time-sensitive markets. Netflix would not have won if they did not scale everything they had so fast. https://t.co/1qWzMsHXIF
Made in Japan
Akio Morita
The chairman of the Sony Corporation discusses the rise of Sony, his extraordinary career as a businessman, and his views on the United States, Japan, and the world economy.This rules so far https://t.co/eHJJYPy99L
High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinatesThe Bible of Management. https://t.co/cbCJIcl1a6
Trillion Dollar Coach
Eric Schmidt
The team behind How Google Works returns with management lessons from legendary coach and business executive, Bill Campbell, whose mentoring of some of our most successful modern entrepreneurs has helped create well over a trillion dollars in market value. Bill Campbell played an instrumental role in the growth of several prominent companies, such as Google, Apple, and Intuit, fostering deep relationships with Silicon Valley visionaries, including Steve Jobs, Larry Page, and Eric Schmidt. In addition, this business genius mentored dozens of other important leaders on both coasts, from entrepreneurs to venture capitalists to educators to football players, leaving behind a legacy of growing companies, successful people, respect, friendship, and love after his death in 2016. Leaders at Google for over a decade, Eric Schmidt, Jonathan Rosenberg, and Alan Eagle experienced firsthand how the man fondly known as Coach Bill built trusting relationships, fostered personal growth—even in those at the pinnacle of their careers—inspired courage, and identified and resolved simmering tensions that inevitably arise in fast-moving environments. To honor their mentor and inspire and teach future generations, they have codified his wisdom in this essential guide. Based on interviews with over eighty people who knew and loved Bill Campbell, Trillion Dollar Coach explains the Coach’s principles and illustrates them with stories from the many great people and companies with which he worked. The result is a blueprint for forward-thinking business leaders and managers that will help them create higher performing and faster moving cultures, teams, and companies.@JoshuaOgundu Such a good book
The Fifth Discipline
Peter M. Senge
A pioneer in learning organizations offers five disciplines that reveal the link between far-flung causes and immediate effects and that can save organizations from becoming "learning disabled," helping them learn better and faster, in a revised edition of the best-selling business classic. Simultaneous. 20,000 first printing.This is pretty intense https://t.co/F1FAKYWVYM
Setting the Table
Danny Meyer
A landmark, bestselling business book and a fascinating behind-the-scenes history of the creation of Danny's most famous eating establishments, Setting the Table is a treasure trove of valuable, innovative insights applicable to any business or organization.@patrick_oshag I’m working on an unbundled boutique hotel concept for remote workers A few books I enjoyed reading in the process: Setting the Table Restaurant Success by the Numbers The New Gold Standard Plenty of MBA research papers online on why most hotel projects fail
How to Change
Katy Milkman
Award-winning Wharton Professor and Choiceology podcast host Katy Milkman has devoted her career to the study of behavior change. In this ground-breaking book, Milkman reveals a proven path that can take you from where you are to where you want to be, with a foreword from psychologist Angela Duckworth, the best-selling author of Grit. Set audacious goals. Foster good habits. Create social support. You've surely heard this advice before. If you've ever tried to change or encourage it -- to boost exercise or healthy eating, to prevent missed deadlines or kick-start savings -- then you know there are thousands of apps, books, and YouTube videos promising to help and offering sound guidance. And yet, you're still not where you want to be. This trailblazing book from award-winning behavioral scientist and Wharton Professor Katy Milkman explains why. In a career devoted to uncovering what helps people change, Milkman has discovered a crucial thing many of us get wrong: our strategy. Change, she's learned, comes most readily when you understand what's standing between you and success and tailor your solution to that roadblock. If you want to work out more but find exercise difficult and boring, downloading a goal-setting app probably won't help. But what if, instead, you transformed your workouts so they became a source of pleasure instead of a chore? Turning an uphill battle into a downhill one is the key to success. Drawing on Milkman's original research and the work of her dozens of world-renowned scientific collaborators, How to Change shares an innovative new approach that will help you change or encourage change in others. Through case studies, engaging stories, and examples from cutting-edge research, this book illustrates how to identify and overcome the barriers that regularly stand in the way of change. How to Change will teach you: * Why timing can be everything when it comes to making a change * How to turn temptation and inertia into assets that can help you conquer your goals * That giving advice, even if it's about something you're struggling with, can help you achieve more Whether you're a manager, coach, or teacher aiming to help others change for the better or are struggling to kick-start change yourself, How to Change offers an invaluable, science-based blueprint for achieving your goals, once and for all.Great book. Great time to read it! https://t.co/gyslXsMx9R
High Conflict
Amanda Ripley
"In the tradition of bestselling explainers like The Tipping Point, [this] book [is] based on cutting edge science that breaks down the idea of extreme conflict--the kind that paralyzes people and places--and then shows how to escape it"--This book came up during convo with @hollyhliu ✨ Pretty good, recommending! https://t.co/DrHj9ezBI0
Cracking the PM Interview
Gayle Laakmann McDowell
How many pizzas are delivered in Manhattan? How do you design an alarm clock for the blind? What is your favorite piece of software and why? How would you launch a video rental service in India? This book will teach you how to answer these questions and more. Cracking the PM Interview is a comprehensive book about landing a product management role in a startup or bigger tech company. Learn how the ambiguously-named "PM" (product manager / program manager) role varies across companies, what experience you need, how to make your existing experience translate, what a great PM resume and cover letter look like, and finally, how to master the interview: estimation questions, behavioral questions, case questions, product questions, technical questions, and the super important "pitch."The most common error I see PMs make during interviews is being unprepared. You may be a great PM but interviewing is a different skill and like the SATs, it gets better with prep. My recommendation for PM interview prep is Cracking the PM Interview. https://t.co/p2qZIByDSx
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.On giving feedback: • be authentic & abandon the shit sandwich approach • be focused on their success • don't make it personal, talk about behavior & impact • don't embarrass in public • be direct but not mean • feedback is a dialogue not a monologue https://t.co/2b5NkbJWTU
Trillion Dollar Coach
Eric Schmidt
The team behind How Google Works returns with management lessons from legendary coach and business executive, Bill Campbell, whose mentoring of some of our most successful modern entrepreneurs has helped create well over a trillion dollars in market value. Bill Campbell played an instrumental role in the growth of several prominent companies, such as Google, Apple, and Intuit, fostering deep relationships with Silicon Valley visionaries, including Steve Jobs, Larry Page, and Eric Schmidt. In addition, this business genius mentored dozens of other important leaders on both coasts, from entrepreneurs to venture capitalists to educators to football players, leaving behind a legacy of growing companies, successful people, respect, friendship, and love after his death in 2016. Leaders at Google for over a decade, Eric Schmidt, Jonathan Rosenberg, and Alan Eagle experienced firsthand how the man fondly known as Coach Bill built trusting relationships, fostered personal growth—even in those at the pinnacle of their careers—inspired courage, and identified and resolved simmering tensions that inevitably arise in fast-moving environments. To honor their mentor and inspire and teach future generations, they have codified his wisdom in this essential guide. Based on interviews with over eighty people who knew and loved Bill Campbell, Trillion Dollar Coach explains the Coach’s principles and illustrates them with stories from the many great people and companies with which he worked. The result is a blueprint for forward-thinking business leaders and managers that will help them create higher performing and faster moving cultures, teams, and companies.People and relationships are the foundation of any company’s success. The primary job of each manager is to help people be more effective in their job and to grow & develop. Managers enable this through by supporting, respecting, and trusting their people. https://t.co/Rw0t9X1st4
The Fiat Standard
Saifedean Ammous
The Fiat Standard is an insightful study of the history, function, and impacts of the fiat monetary system on human society, economics, and politics over the past century. What are the possibilities for the rise of bitcoin in this system?#3: The Grid by Gretchen Bakke - This is an older book but was an outstanding overview of how the American electrical grid works and how it’s evolving. #4: Mastering the Lightning Network by @aantonop - This book is definitely for people that are running…
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.If you're looking for a great read on startups with lots of behind the scenes stories, look no further than @andrewchen's The Cold Start Problem https://t.co/vPXVkzk7JU
The Manager's Path
Camille Fournier
Managing people is difficult wherever you work. But in the tech industry, where management is also a technical discipline, the learning curve can be brutal--especially when there are few tools, texts, and frameworks to help you. In this practical guide, author Camille Fournier (tech lead turned CTO) takes you through each stage in the journey from engineer to technical manager. From mentoring interns to working with senior staff, you'll get actionable advice for approaching various obstacles in your path. This book is ideal whether you're a new manager, a mentor, or a more experienced leader looking for fresh advice. Pick up this book and learn how to become a better manager and leader in your organization. Begin by exploring what you expect from a manager Understand what it takes to be a good mentor, and a good tech lead Learn how to manage individual members while remaining focused on the entire team Understand how to manage yourself and avoid common pitfalls that challenge many leaders Manage multiple teams and learn how to manage managers Learn how to build and bootstrap a unifying culture in teams@Johnie The Manager's Path perhaps? It starts with the Tech Lead part. Instead of books I'd recommend this: https://t.co/irKQAesS1V
Wanting
Luke Burgis
Started reading a book about NFTs today: 'Wanting: The Power of Mimetic Desire in Everyday Life’
The Platform Delusion
Jonathan A. Knee
An investment banker and professor explains what really drives success in the tech economy Many think that they understand the secrets to the success of the biggest tech companies: Facebook, Amazon, Apple, Netflix, and Google. It's the platform economy, or network effects, or some other magical power that makes their ultimate world domination inevitable. Investment banker and professor Jonathan Knee argues that the truth is much more complicated--but entrepreneurs and investors can understand what makes the giants work, and learn the keys to lasting success in the digital economy. Knee explains what really makes the biggest tech companies work: a surprisingly disparate portfolio of structural advantages buttressed by shrewd acquisitions, strong management, lax regulation, and often, encouraging the myth that they are invincible to discourage competitors. By offering fresh insights into the true sources of strength and very real vulnerabilities of these companies, The Platform Delusion shows how investors, existing businesses, and startups might value them, compete with them, and imitate them. The Platform Delusion demystifies the success of the biggest digital companies in sectors from retail to media to software to hardware, offering readers what those companies don't want everyone else to know. Knee's insights are invaluable for entrepreneurs and investors in digital businesses seeking to understand what drives resilience and profitability for the long term.Excited to start reading this book tomorrow. https://t.co/lUAiZx54Jv
The Fiat Standard
Saifedean Ammous
The Fiat Standard is an insightful study of the history, function, and impacts of the fiat monetary system on human society, economics, and politics over the past century. What are the possibilities for the rise of bitcoin in this system?@nvk @saifedean Completely agree. This book is outstanding!
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.My @a16z friend @andrewchen spent ~3 yrs researching high-growth companies (Uber, Dropbox, Airbnb, Pinterest…) and drawing on his experiences to write "The Cold Start Problem" digging into what makes winning networks. Check it out! (link supports @Water) https://t.co/KH3IkYM85d https://t.co/MPr39oFq2S
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.New book! https://t.co/abgFY0g0kf
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.New book by @andrewchen. Useful for anyone trying to bootstrap a new community or network, which is virtually every founder these days. https://t.co/1jlIRDLFZ1
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.Every company and every business starts at zero customers, zero users. And grows from there. @andrewchen’s book The Cold Start Problem is a masterclass in how to think about growth for your product and company. https://t.co/jqnZyAwK90
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.This is one of my favorite excerpts from @andrewchen’s new book. It’s about PayPal’s double referral program. The same tactic that was later used by Dropbox to reach millions of users. Get Andrew’s book today and learn all about startup growth: https://t.co/IaAV2oXVME https://t.co/CI6JSinxFZ
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.Remember @andrewchen talking to me about the idea of writing a book years ago. Since then it’s been amazing to see the journey his book ( and our lives!) have taken. Special to now tweet this as a colleague. His book is out today, go get a copy! https://t.co/kA8pYPUMwG
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.🚨 Book Launch Day! 🚨 a16z general partner @andrewchen’s The Cold Start Problem is available now! It's the definitive book on network effects, based on 3 years of research & interviews with founders at Twitch, Tinder, Zoom, Airbnb, and more. Order at https://t.co/AlRhbzkvqV https://t.co/PQikyxhKHS
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.Blue Ocean Strategy, Expanded Edition
W. Chan Kim
Argues against common competitive practices while outlining recommendations based on the creation of untapped market spaces with growth potential.Finding this book very insightful. https://t.co/o56zUxXPlV
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.@Kazanjy @andrewchen https://t.co/aZsQcU7YrI
Capital Account
Edward Chancellor
Capital Account relates the story of the world’s greatest investment bubble from the perspective of professional investors. The book, comprised of selected reports from Marathon Asset Management, a successful global investment firm, explains how shareholder value - the notion that companies should be run in the interests of their shareholders - became corrupted in this era of frenzied finance. Senior managers, succumbing to the lure of stock option fortunes, took to manipulating their company’s earnings. Professional investors, interested only in maintaining their investment performance over the next quarter, were willing abettors. The ‘croupiers’ of Wall Street, also know as investment bankers, whipped up the euphoria and peddled to investors superficially plausible stories, ‘MacGuffins’, in order to generate huge fees for themselves. As a result, by the turn of the century almost the entire investment community had become fixated with chasing short-term profits at the expense of long-term returns for clients. By the end of 2002 this cynical game had ended in investment disaster- the world’s stock markets having produced more than $15 trillion of losses since their peak. Yet to a large extent, the outcome was predictable to those investors who had retained a disciplined approach to investment analysis throughout the bull market. This book introduces the ‘capital cycle’ approach to investment - an approach that brings together ideas from the fields of behavioral finance, economic theory and business analysis. Capital cycle analysis - based on the apparently simple insight that investor euphoria leads to excessive investment in the real world and subsequent poor returns for shareholders - enabled Marathon to identify at an early stage the inevitable collapse of the technology and telecoms bubble.Finished re-reading and taking notes from these classic texts. Educating and reminding oneself about capital cycle theory is vital for maintaining prudence and discipline during euphoric phases in bull markets. Highly recommended reading in the current times! https://t.co/lqk3roNosr
Capital Returns
Edward Chancellor
This book uses numerous examples to demonstrate how the capital cycle approach to investments works, and how it has provided investors with market-beating returns over the past decade.Finished re-reading and taking notes from these classic texts. Educating and reminding oneself about capital cycle theory is vital for maintaining prudence and discipline during euphoric phases in bull markets. Highly recommended reading in the current times! https://t.co/lqk3roNosr
The Minimalist Entrepreneur
Sahil Lavingia
A new roadmap for building sustainable startups that last beyond the hype. As more and more cracks form in the myth of the VC-funded, IPO-driven billion-dollar company--they're not profitable, and are unethically run to boot--entrepreneurs are seeking an alternative path to building useful, sustainable, and sane businesses. The Minimalist Startup is the manifesto for a new generation of entrepreneurs who would rather build great companies than big ones. In 2011, Sahil Lavingia left his position as the second hire at Pinterest to chase his own dream of founding a billion-dollar company. His startup, Gumroad, was growing quickly and raising venture capital easily. Gumroad, a platform connecting creators with sellers, seemed like it was on the road to unicorn status, with the fancy offices and rapid hiring to match. Until one quarter, when growth faltered, and everything crumbled. But Lavingia rebuilt Gumroad from the ground up. In contrast to the waste and hypergrowth-for-growth's sake mentality that characterized his first attempt, he became a minimalist entrepreneur. Weaving together his own experience at Gumroad with stories of other likeminded companies, he offers a new roadmap for entrepreneurs choosing to grow meaningfully over growing unsustainably. Unicorns are not the best or only path for a startup. The Minimalist Entrepreneur teaches founders how to resist investments that set you up to fail, run a tight ship amid the rise of the gig economy and remote work, develop and release products without failing fast or often, and how to get to profitability and stay there.Snagged @shl’s book. I spy Product Hunt in here. https://t.co/VUzzR8bsYb
Atomic Habits
James Clear
The #1 New York Times bestseller. Over 3 million copies sold! Tiny Changes, Remarkable Results No matter your goals, Atomic Habits offers a proven framework for improving--every day. James Clear, one of the world's leading experts on habit formation, reveals practical strategies that will teach you exactly how to form good habits, break bad ones, and master the tiny behaviors that lead to remarkable results. If you're having trouble changing your habits, the problem isn't you. The problem is your system. Bad habits repeat themselves again and again not because you don't want to change, but because you have the wrong system for change. You do not rise to the level of your goals. You fall to the level of your systems. Here, you'll get a proven system that can take you to new heights. Clear is known for his ability to distill complex topics into simple behaviors that can be easily applied to daily life and work. Here, he draws on the most proven ideas from biology, psychology, and neuroscience to create an easy-to-understand guide for making good habits inevitable and bad habits impossible. Along the way, readers will be inspired and entertained with true stories from Olympic gold medalists, award-winning artists, business leaders, life-saving physicians, and star comedians who have used the science of small habits to master their craft and vault to the top of their field. Learn how to: • make time for new habits (even when life gets crazy); • overcome a lack of motivation and willpower; • design your environment to make success easier; • get back on track when you fall off course; ...and much more. Atomic Habits will reshape the way you think about progress and success, and give you the tools and strategies you need to transform your habits--whether you are a team looking to win a championship, an organization hoping to redefine an industry, or simply an individual who wishes to quit smoking, lose weight, reduce stress, or achieve any other goal.Today I would like to share another book that I really enjoyed: ‘Atomic habits’. It taught me about the importance of small habits, consistency, time keeping, self-discipline, good planning, and preparation. All valuable lessons that help me to achieve my goals. https://t.co/dehXJneGaf
Law, Legislation and Liberty, Volume 1
F. A. Hayek
This volume represents the first section of F. A. Hayek's comprehensive three-part study of the relations between law and liberty. Rules and Order constructs the framework necessary for a critical analysis of prevailing theories of justice and of the conditions which a constitution securing personal liberty would have to satisfy.Reading list, math + law! The Hayek book is phenomenal, just getting started with the others. Always been interested in “law and economics” https://t.co/z0HU43QBg6
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.What are the books that made you better at 'business'? Define business however you like Here's my top 5 * Influence (@RobertCialdini) * The Effective Manager (@mahorstman) * The Goal (Goldratt) * The Mom Test (@robfitz ) * Thinking in Bets (@AnnieDuke) What are yours? https://t.co/2u4f72JoxK
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.What are the books that made you better at 'business'? Define business however you like Here's my top 5 * Influence (@RobertCialdini) * The Effective Manager (@mahorstman) * The Goal (Goldratt) * The Mom Test (@robfitz ) * Thinking in Bets (@AnnieDuke) What are yours? https://t.co/2u4f72JoxK
The Complacent Class
Tyler Cowen
"Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs. The problem, according to ... Tyler Cowen, is that Americans today have broken from this tradition--we're working harder than ever to avoid change ... Cowen [believes that] there are significant collateral downsides attending this comfort, among them heightened inequality and segregation and decreased incentives to innovate and create"--Amazon.com.Zero to One, The Complacent Class, Alexander Field’s book on the 1930s economy https://t.co/kZptfsEmyh
Wanting
Luke Burgis
Really enjoyed this book by @lukeburgis. "When a person’s identity becomes completely tied to a mimetic model, they can never truly escape that model because doing so would mean destroying their own reason for being." https://t.co/WJafDcZiof
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.How have I not heard of this book before? definitely a contender for the highest substance-to-book-cover-vibes ratio https://t.co/ggOMW6sK7J
Special Strength Training
Yuri Verkhoshansky
From a leading scientist and expert in sport training comes the most completeand up-to-date book in Special Strength Training (SST).Source: https://t.co/PF9JNPx7JU
The Great Crash 1929
John Kenneth Galbraith
Presents a study of the stock market crash of 1929 that reveals the influential role of Wall Street on the economic growth of America.@slimVic89 This is a good one https://t.co/jmudNzploo
Private Truths, Public Lies
Timur Kuran
Preface Living a Lie The Significance of Preference Falsification Private and Public Preferences Private Opinion, Public Opinion The Dynamics of Public Opinion Institutional Sources of Preference Falsification Inhibiting Change Collective Conservatism The Obstinacy of Communism The Ominous Perseverance of the Caste System The Unwanted Spread of Affirmative Action Distorting Knowledge Public Discourse and Private Knowledge The Unthinkable and the Unthought The Caste Ethic of Submission The Blind Spots of Communism The Unfading Specter of White Racism Generating Surprise Unforeseen Political Revolutions The Fall of Communism and Other Sudden Overturns The Hidden Complexities of Social Evolution From Slavery to Affirmative Action Preference Falsification and Social Analysis Notes Index.Actions are in general more costly than words, but not always. In communist countries, there were plenty of things you couldn't say without punishment, but that you could act on, kind of. Public lies, private truths. https://t.co/gRLWwZV5Ie
The Wealth of Networks
Yochai Benkler
Describes how patterns of information, knowledge, and cultural production are changing. The author shows that the way information and knowledge are made available can either limit or enlarge the ways people create and express themselves. He describes the range of legal and policy choices that confront.Book 27 Lesson: There are two primitive rewards for human beings in a social structure: economic standing and social standing, both measures of one's capacity to mobilize resources in said social context. https://t.co/NhLj9XNV79
System Error
Rob Reich
A forward-thinking manifesto from three Stanford professors--experts who have worked at ground zero of the tech revolution for decades--which reveals how big tech's obsession with optimization and efficiency has sacrificed fundamental human values and outlines steps we can take to change course, renew our democracy, and save ourselves. In no more than the blink of an eye, a naïve optimism about technology's liberating potential has given way to a dystopian obsession with biased algorithms, surveillance capitalism, and job-displacing robots. Yet too few of us see any alternative to accepting the onward march of technology. We have simply accepted a technological future designed for us by technologists, the venture capitalists who fund them, and the politicians who give them free rein. It doesn't need to be this way. System Error exposes the root of our current predicament: how big tech's relentless focus on optimization is driving a future that reinforces discrimination, erodes privacy, displaces workers, and pollutes the information we get. This optimization mindset substitutes what companies care about for the values that we as a democratic society might choose to prioritize. Well-intentioned optimizers fail to measure all that is meaningful and, when their creative disruptions achieve great scale, they impose their values upon the rest of us. Armed with an understanding of how technologists think and exercise their power, three Stanford professors--a philosopher working at the intersection of tech and ethics, a political scientist who served under Obama, and the director of the undergraduate Computer Science program at Stanford (also an early Google engineer)--reveal how we can hold that power to account. Troubled by the values that permeate the university's student body and its culture, they worked together to chart a new path forward, creating a popular course to transform how tomorrow's technologists approach their profession. Now, as the dominance of big tech becomes an explosive societal conundrum, they share their provocative insights and concrete solutions to help everyone understand what is happening, what is at stake, and what we can do to control technology instead of letting it control us.i would like to recommend this book to everyone in tech and whose life is affected by tech, ie, everyone https://t.co/DKX2f8QLr6 @mehran_sahami @robreich https://t.co/Kp5J9hoXNR
The Coaching Habit
Michael Bungay Stanier
Coaching is an essential skill for leaders. But for most busy, overworked managers, coaching employees is done badly, or not at all. They're just too busy, and it's too hard to change. But what if managers could coach their people in 10 minutes or less? In Michael Bungay Stanier's The Coaching Habit, coaching becomes a regular, informal part of your day so managers and their teams can work less hard and have more impact. Coaching is an art and it's far easier said than done. It takes courage to ask a question rather than offer up advice, provide an answer, or unleash a solution. Giving another person the opportunity to find their own way, make their own mistakes, and create their own wisdom is both brave and vulnerable. It can also mean unlearning our ''fix it'' habits. In this practical and inspiring book, Michael shares seven transformative questions that can make a difference in how we lead and support. And, he guides us through the tricky part - how to take this new information and turn it into habits and a daily practice. -Brené Brown, author of Rising Strong and Daring Greatly Drawing on years of experience training more than 10,000 busy managers from around the globe in practical, everyday coaching skills, Bungay Stanier reveals how to unlock your peoples' potential. He unpacks seven essential coaching questions to demonstrate how---by saying less and asking more--you can develop coaching methods that produce great results. - Get straight to the point in any conversation with The Kickstart Question - Stay on track during any interaction with The AWE Question - Save hours of time for yourself with The Lazy Question, and hours of time for others with The Strategic Question - Get to the heart of any interpersonal or external challenge with The Focus Question and The Foundation Question - Finally, ensure others find your coaching as beneficial as you do with The Learning Question A fresh, innovative take on the traditional how-to manual, the book combines insider information with research based in neuroscience and behavioural economics, together with interactive training tools to turn practical advice into practiced habits. Dynamic question-and-answer sections help identify old habits and kick-start new behaviour, making sure you get the most out of all seven chapters. Witty and conversational, The Coaching Habit takes your work--and your workplace--from good to great.Move
Parag Khanna
"In the 60,000 years since people began colonizing the continents, a continuous feature of human civilization has been mobility. History is replete with seismic global events-pandemics and plagues, wars and genocides. Each time, after a great catastrophe, our innate impulse toward physical security compels us to move. The map of humanity isn't settled-not now, not ever. The filled-with-crises 21st century promises to contain the most dangerous and extensive experiment humanity has ever run on itself: As climates change, pandemics arrive, and economies rise and fall, which places will people leave and where will they resettle? Which countries will accept or reject them? How will the billions alive today, and the billions coming, paint the next map of human geography? Until now, the study of human geography and migration has been like a weather forecast. Move delivers an authoritative look at the "climate" of migration, the deep trends that will shape the grand economic and security scenarios of the future. For readers, it will be a chance to identify their location on humanity's next map"--From @paragkhanna’s new book, Move. https://t.co/JsgqiywjNu
Human Powered
Trenton Moss
Working in a digital product environment? 85% of job success comes from well‐developed people skills. The greater your skills in leadership, emotional intelligence and resilience, the more likely you are to succeed. Human Powered is a concise and accessible guide that will help you collaboratively solve problems, resolve conflict and inspire others. Get everyone doing this and you'll have truly high-performing digital product teams. This book will show you how to: Influence, persuade and show true leadership to stakeholders, regardless of where you sit in the hierarchy Communicate in ways that make everyone in your team feel unstoppable, and enhance team performance Take responsibility for your job and workplace relationships as you've never done before Develop the emotional intelligence and people skills to transform your working life and supercharge your performance Gain lifelong people skills that you can use for the rest of your career Get access to more resources at www.humanpoweredbook.com.The Geometry of Wealth
Brian Portnoy
How does money figure into a happy life? In The Geometry of Wealth, behavioral finance expert Brian Portnoy delivers an inspired answer, building on the critical distinction between being rich and being wealthy. While one is an unsatisfying treadmill, the other is the ability to underwrite a meaningful life, however one chooses to define that. Truly viewed, wealth is funded contentment. At the heart of this groundbreaking perspective, Portnoy takes readers on a journey toward wealth, informed by disciplines ranging from ancient history to modern neuroscience. He contends that tackling the big questions about a joyful life and tending to financial decisions are complementary, not separate, tasks. These big questions include: • How is the human brain wired for two distinct experiences of happiness? And why can money “buy” one but not the other? • What are the touchstones of a meaningful life, and are they affordable? • Why is market savvy among the least important sources of wealth but self-awareness is among the most? • How does one strike a balance between striving for more while being content with enough? This journey memorably contours along three basic shapes: A circle, triangle and square help us to visualize how we adapt to evolving circumstances, set clear priorities, and find empowerment in simplicity. In this accessible and entertaining book, Portnoy reveals that true wealth is achievable for many - including those who despair it is out of reach - but only in the context of a life in which purpose and practice are thoughtfully calibrated.Book 26 Lesson: A healthier relationship with money can be reached by orienting priorities and expectations toward specific sources of contentment you could fund with wealth. https://t.co/4MIlSVhi8d
The Minimalist Entrepreneur
Sahil Lavingia
A new roadmap for building sustainable startups that last beyond the hype. As more and more cracks form in the myth of the VC-funded, IPO-driven billion-dollar company--they're not profitable, and are unethically run to boot--entrepreneurs are seeking an alternative path to building useful, sustainable, and sane businesses. The Minimalist Startup is the manifesto for a new generation of entrepreneurs who would rather build great companies than big ones. In 2011, Sahil Lavingia left his position as the second hire at Pinterest to chase his own dream of founding a billion-dollar company. His startup, Gumroad, was growing quickly and raising venture capital easily. Gumroad, a platform connecting creators with sellers, seemed like it was on the road to unicorn status, with the fancy offices and rapid hiring to match. Until one quarter, when growth faltered, and everything crumbled. But Lavingia rebuilt Gumroad from the ground up. In contrast to the waste and hypergrowth-for-growth's sake mentality that characterized his first attempt, he became a minimalist entrepreneur. Weaving together his own experience at Gumroad with stories of other likeminded companies, he offers a new roadmap for entrepreneurs choosing to grow meaningfully over growing unsustainably. Unicorns are not the best or only path for a startup. The Minimalist Entrepreneur teaches founders how to resist investments that set you up to fail, run a tight ship amid the rise of the gig economy and remote work, develop and release products without failing fast or often, and how to get to profitability and stay there.@nixcraft https://t.co/4iz6I0aSK0
The Second Machine Age
Erik Brynjolfsson
A pair of technology experts describe how humans will have to keep pace with machines in order to become prosperous in the future and identify strategies and policies for business and individuals to use to combine digital processing power with human ingenuity.@eclabadie @VaclavSmil @erikbryn Excellent book I should have included.
The Intel Trinity
Michael S. Malone
The definitive history of the Intel Corporation—the essential company of the digital age—told through the lives of its three preeminent figures: Robert Noyce, Gordon Moore, and Andy Grove Intel has often been hailed as the most important company in the world, and with good reason: While technology companies come and go, Intel remains, more than four decades after its inception, a defining company of the global digital economy. The legendary inventor of the microprocessor—the single most significant product in the modern world—Intel today builds the tiny "engines" that power almost every intelligent electronic device on the planet. But the true story of Intel is the human story of the three geniuses behind it. In The Intel Trinity, Michael S. Malone takes an unflinching look at the strengths and weaknesses each member of the trio has brought to Intel, and how, without the perfect balance, the company would never have reached its current level of success. Robert Noyce, the most respected high- tech figure of his generation, brought credibility (and money) to the company's founding; Gordon Moore made Intel the world's technological leader; and Andy Grove relentlessly drove the company to ever-higher levels of success and competitiveness. Without any one of these figures, Intel would never have achieved its historic success; with them, Intel made possible the personal computer, the Internet, telecommunications, and the personal electronics revolution. Based on unprecedented access to corporate archives, The Intel Trinity reveals the fascinating stories behind the company's ubiquitous products and the unique business practices—including a willingness to commit to new ideas, an initiative to make bold investments in lean times, and a devotion to upholding Gordon Moore's namesake law—that led Intel to consistent success unheard of elsewhere in the tech world. The Intel Trinity is not just the story of Intel's legendary past; it is also an analysis of the formidable challenges that lie ahead as the company struggles to maintain its dominance, its culture, and its legacy.@nachkari 1. Soul of a New Machine 2. Where Wizards Stay Up Late 3. A Mind at Play 4. Books by Walter Isaacson like The Innovators, Jobs, DaVinci, Einstein and Franklin 5. Wright Brothers (McCullough) 6. Fire in the Valley 7. Intel Trinity 8. Edison https://t.co/D4jYgxsyef
Skin in the Game
Nassim Nicholas Taleb
From the bestselling author of The Black Swan, a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility 'Skin in the game means that you do not pay attention to what people say, only to what they do, and how much of their neck they are putting on the line' Citizens, artisans, police, fishermen, political activists and entrepreneurs all have skin in the game. Policy wonks, corporate executives, many academics, bankers and most journalists don't. It's all about having something to lose and sharing risks with others. In his most provocative and practical book yet, Nassim Nicholas Taleb shows that skin in the game, often seen as the foundation of risk management, in fact applies to all aspects of our lives. In his inimitable style, Taleb draws on everything from Antaeus the Giant to Hammurabi to Donald Trump, from ethics to used car salesmen, to create a jaw-dropping framework for understanding this idea. Among his insights: For social justice, focus on symmetry and risk sharing. Minorities, not majorities, run the world. You can be an intellectual yet still be an idiot. Beware of complicated solutions (that someone was paid to find). Just as The Black Swan did during the 2007 financial crisis, Skin in the Game comes at precisely the right moment to challenge our long-held beliefs about risk, reward, politics, religion and business - and make us rethink everything we thought we knew.@anafabrega11 @nntaleb One of the best books ever. Great thread!
- What would happen if everyone in your company followed a disciplined approach to cost reduction? Go ahead -- imagine it. What would it look like? How can it be done? The answer -- smart cost management. Effective cost management must start at the design stage. As much as 90-95% of a product's costs are added in the design process. That is why effective cost management programs focus on design and manufacturing. The primary cost management method to control cost during design is a combination of target costing and value engineering. Target Costing Objectives: Identify the cost at which your product must be manufactured at if it is to earn its profit margin at its expected target selling price. Break the target cost down to its component level and have your suppliers find ways to deliver the components they sell you at the set target prices while still making adequate returns. Value Engineering: The connection to function: An organized effort and team based approach to analyze the functions of goods and services that the design stage, and find ways to achieve those functions in a manner that allows the firm to meet its target costs. The result: Added value for your company (development costs on-line with added value for your company; development costs on-line with selling prices) and added value for your customer (higher quality products that meet, possibly even exceed, customer expectations.)
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.@plattttttttt @ezerfernandes The chart comes from Atomic Habits, an excellent book. Maybe, just maybe, a good way of trying to improve every day is not precisely to get up in arms against a motivational chart trying to discredit how mathematically realistic it is. I’d recommend you read the book.
Devil Take the Hindmost
Edward Chancellor
Examines stock market speculation since the seventeenth century, discussing the range of motivations of investors and the effects on economies throughout history.Reco reading for the long weekend. Both works are intricately related. Speculation drives debt drives speculation. The former is an imp work in the context of crypto which gets a bad rap as v speculation driven. Turns out propensity to trade & speculate are as old as civilisation https://t.co/CT07jGlpPc
Debt
David Graeber
Here anthropologist David Graeber presents a reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors. --Reco reading for the long weekend. Both works are intricately related. Speculation drives debt drives speculation. The former is an imp work in the context of crypto which gets a bad rap as v speculation driven. Turns out propensity to trade & speculate are as old as civilisation https://t.co/CT07jGlpPc
The Sovereign Individual
James Dale Davidson
The authors identify both the likely disasters and the potential for prosperity inherent in the advent of the information age.Book 25 Lesson: Social outcomes are shaped by technological and economic progress. Familiarity with the mechanics of a new technology doesn’t improve our ability to predict its ultimate implications. https://t.co/gB0xX99jID
The Charisma Myth
Olivia Fox Cabane
Demonstrates how to improve one's persuasive abilities, sharing tools originally developed for Harvard and MIT to explain the fundamental components of charisma, what it really is, and how it works.What books have you found to be most useful for product leaders? Please do share them below.
Competing Against Luck
Clayton M. Christensen
Competing Against Luck, for conceiving products & solutions that resonate with customers (and understanding the importance of creativity in product work) https://t.co/dTILEgiCFk
The Charisma Myth
Olivia Fox Cabane
Demonstrates how to improve one's persuasive abilities, sharing tools originally developed for Harvard and MIT to explain the fundamental components of charisma, what it really is, and how it works.The Charisma Myth, for presence, communication, influence https://t.co/CU8s2tqxyk
Principles
Ray Dalio
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.Principles, for operating & setting culture https://t.co/kNzGu3w2wX
Understanding Michael Porter
Joan Magretta
Examines and explains the revolutionary business frameworks of Michael Porter, with examples to illustrate and update Porter's ideas for achieving and sustaining competitive success.4) Understanding Michael Porter, for product strategy https://t.co/Y3GrPjMVEo
Thinking, Fast and Slow
Daniel Kahneman
A psychologist draws on years of research to introduce his "machinery of the mind" model on human decision making to reveal the faults and capabilities of intuitive versus logical thinking.Most cited investment books by decade: 1990s: One Up on Wall Street (stock pickers) 2000s: The Intelligent Investor (value investors) 2010s: Thinking Fast & Slow (behavioral/index investing) 2020s: Sapiens (crypto)
Wanting
Luke Burgis
Interesting idea from @lukeburgis, from his book “Wanting:” Act as if your behavior influences what those around you want or desire, because it does. https://t.co/AUm6jVq55C
Alchemy
Rory Sutherland
The legendary advertising guru—Ogilvy UK’s vice chairman—and star of three massively popular TED Talks, blends the science of human behavior with his vast experience in the art of persuasion in this incomparable book that decodes successful branding and marketing in the vein of Freakonomics, Thinking Fast and Slow, and The Power of Habit. When Rory Sutherland was a trainee working on a direct mail campaign at the famed advertising firm OgilvyOne, he noticed that very small changes in design often had immense effects on the number of consumer responses. Yet no one he worked with knew why. Sutherland began taking stock of each effective yet nebulous trick—”the thing which has no name”—he discovered. As he rose in the advertising industry, he began to understand why these things had no name: no one was interested in quantifying them, cataloguing them, or really investigating them. So, he did it himself. Like classic behavioral economists Daniel Kahneman and Richard Thaler, Sutherland peels away hidden, often irrational human behaviors that explain how the world around us functions. In How to Be an Alchemist he examines why certain ads work and the broader truths they tell us about who we are. Why do people prefer stripy toothpaste, and how might that help us design retirement plans that young people would actually buy? Why do we think orange juice is healthy, and how does the same principle guide our feelings about nuclear reactors? Why do budget airlines advertise services they don’t offer—and what might insurance companies learn from them about keeping healthcare costs low? Filled with startling and profound conclusions, Sutherland’s journey through the world of advertising and its surprising lessons for human behavior is insightful, brilliant, eye-opening, and irresistibly fun.Trying to make sense of consumer behavior through a rationalist frame work is a losing game Rory Sutherland wrote the best book I’ve ever read on this intersection of psychology, sales, business, and decision making https://t.co/aO6d1IGboR
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.I’ve already had the privilege of reading @andrewchen’s new book and it’s fantastic! Required reading for anyone aspiring to build a network effects driven business. Pre-order now! https://t.co/m25QAPfHBB
Warren Buffett
Robert G. Hagstrom
In Warren Buffett: Inside the Ultimate Money Mind, Hagstrom breaks new ground with a deep analysis of Buffett’s essential wisdom, an intricate mosaic of wide-ranging ideas and insights that Buffett calls a Money Mind. What exactly is a Money Mind? At one level, it’s a way of thinking about major financial issues such as capital allocation. At another level, it summarizes an overall mindset for successfully investing in today’s fast-paced stock market, a mindset that depends on a commitment to learning, adapting, and facing down irrelevant noise. This is not a method book. It is a thinking book. Warren Buffett: Inside the Ultimate Money Mind explains the philosophies of self-reliance, stoicism, rationalism, and pragmatism and their contributions to making intelligent investment decisions. It also outlines the evolution of value investing, discusses how to develop a business-driven investing mindset, and describes the defining traits of successful active management. Lastly, it examines the surprising aspects of a Money Mind – sportsman, teacher, and artist. In short, Warren Buffett: Inside the Ultimate Money Mind helps readers understand the building blocks that go into making a Money Mind so they can begin to incorporate its principles in the service to a life of value. Testimonials “An erudite masterpiece…” Lawrence A. Cunningham “It’s another must read…” Bethany McLean “Pure Genius. This is a game changer in investment books…” Robert P. Miles “Effervescence and thoughtful analysis of Buffett’s life and work…” Tom Gayner “Hagstrom’s books always enable readers to think about the world in new ways…” Tren GriffinI also read in galley format: "Warren Buffett: Inside the Ultimate Money Mind" My back book cover blurb: "Robert Hagstrom’s books always enable readers to think about the world in new ways." Tren Griffin, author, Charlie Munger: The Complete Investor https://t.co/jK4zi8RUfB
How Not to Be Wrong
Jordan Ellenberg
"Using the mathematician's method of analyzing life and exposing the hard-won insights of the academic community to the layman, minus the jargon ... Ellenberg pulls from history as well as from the latest theoretical developments to provide those not trained in math with the knowledge they need"--@singareddynm @adeets_22 @pamelamishkin Loved the Ellenberg book
Continuous Discovery Habits
Teresa Torres
Obviously I'm more than a little biased, but I truly believe this is the right 3 books for aspiring strong product people to get their career started in the right direction: https://t.co/bPBwcCaeZI
23 Things They Don't Tell You About Capitalism
Ha-Joon Chang
Challenges popular misconceptions while making startling revelations about free-market practices, explaining the author's views on global capitalism dynamics while making recommendations for reshaping capitalism to humane ends.@buzz I recommend the whole book. https://t.co/mbv7ZBEQXz
The Innovator's Dilemma
Clayton M. Christensen
The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller--one of the most influential business books of all time--innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right--yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative--and consistently noted as one of the most valuable business ideas of all time--The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.@sagar__dubey The TAM of the startup sector is miniscule compared to large enterprises, is the counter argument. This book gave me the answer to why the TAM being miniscule does not matter.
Limits
Giorgos Kallis
I like this video but it can't do justice to @g_kallis's marvelous book Limits. The fact that as people grow wealthier they choose to have fewer children is one obvious refutation of the cartoon version of Malthus, but this book offers so much more. Must read. 5 stars! https://t.co/e0XXahfgCd
The Complacent Class
Tyler Cowen
. @tylercowen | The Complacent Class As upshaking as I remembered. https://t.co/1TjBjDGCm0
How to Decide
Annie Duke
Through a blend of compelling exercises, illustrations, and stories, this workbook by the bestselling author of Thinking in Bets will train you to combat your own biases, address your weaknesses, and help you become a better and more confident decision-maker. What do you do when you're faced with a big decision? If you're like most people, you use a pro and con list, spend a lot of time second guessing or regretting decisions that don't work out, get caught in analysis paralysis, endlessly seeking other people's opinions and trying to find just that little bit more information that might make you sure, or you do the opposite and just go with your gut feeling. But this is exactly the wrong way to go about combating the biases working against you. What if there was a better way to make quality decisions so you can think clearly, feel more confident, second guess yourself less, and ultimately be more decisive and be more productive? The good news is that decision-making is not a matter of luck or smarts, but a teachable skill that anyone can get better at. And the great news is that even a small improvement in decision-making will make a huge impact on your life. In How to Decide, bestselling author and former professional poker player Annie Duke lays out a series of tools anyone can use to make better decisions. You'll learn how to identify and dismantle hidden biases and accept that you can rarely be certain of how things will turn out. Through practical exercises and engaging thought experiments, this book helps you analyze key decisions you've made in the past and troubleshoot those you're making in the future. Whether you're picking investments, evaluating a job offer, or trying to figure out your romantic life, this book is the key to happier outcomes and fewer regrets.Enjoyed reading this great book on decision making by @AnnieDuke. https://t.co/aDEpkGNXhs
Team Topologies
Matthew Skelton
In Team Topologies IT consultants Matthew Skelton and Manuel Pais share secrets of successful team patterns and interactions for IT through four fundamental team topologies and three interaction modes.@onejamesbrowne @imHashim Terrific book
The Good Fight
Liane Davey
More productivity. Less drama. It all starts with a healthy conflict culture. In the modern workplace, conflict has become a dirty word. After all, conflict is antithetical to teamwork, employee engagement, and a positive company culture. Or is it? The truth is that our teams and organizations require conflict to get things done. But we avoid conflict and build up conflict debt by deferring and dodging the difficult decisions. Our organizations are paying the price--becoming less productive, less innovative, and less competitive. Individuals are paying, too--suffering from overwhelming workloads, endless drama, and sleepless nights. In The Good Fight, Liane Davey shows you how to create the productive conflict your organization needs to get along and get stuff done. Drawing on her twenty-year career as an advisor to the C-Suite, Davey shares real-world examples and practical tools you and your team can use to handle even the most contentious conflicts as allies--instead of adversaries. Filled with strategies you'll use again and again, The Good Fight is an essential field guide for leaders at all levels.Good to Great
Jim Collins
The Challenge Built to Last, the defining management study of the nineties, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the verybeginning. But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness? The Study For years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great? The Standards Using tough benchmarks, Collins and his research team identified a set of elite companies that made the leap to great results and sustained those results for at least fifteen years. How great? After the leap, the good-to-great companies generated cumulative stock returns that beat the general stock market by an average of seven times in fifteen years, better than twice the results delivered by a composite index of the world's greatest companies, including Coca-Cola, Intel, General Electric, and Merck. The Comparisons The research team contrasted the good-to-great companies with a carefully selected set of comparison companies that failed to make the leap from good to great. What was different? Why did one set of companies become truly great performers while the other set remained only good? Over five years, the team analyzed the histories of all twenty-eight companies in the study. After sifting through mountains of data and thousands of pages of interviews, Collins and his crew discovered the key determinants of greatness -- why some companies make the leap and others don't. The Findings The findings of the Good to Great study will surprise many readers and shed light on virtually every area of management strategy and practice. The findings include: Level 5 Leaders: The research team was shocked to discover the type of leadership required to achieve greatness. The Hedgehog Concept (Simplicity within the Three Circles): To go from good to great requires transcending the curse of competence. A Culture of Discipline: When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results. Technology Accelerators: Good-to-great companies think differently about the role of technology. The Flywheel and the Doom Loop: Those who launch radical change programs and wrenching restructurings will almost certainly fail to make the leap. “Some of the key concepts discerned in the study,” comments Jim Collins, "fly in the face of our modern business culture and will, quite frankly, upset some people.” Perhaps, but who can afford to ignore these findings?For more, I highly recommend the books below: Good to Great: https://t.co/JqOrlh9rPn On Grand Strategy: https://t.co/ICCfOLzOh4 The Hedgehog and the Fox: https://t.co/j78kbgIVTF
- An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation.
@laurenmwhite That book is quite interesting!
More Than You Know
Michael J. Mauboussin
My process was the mistake. Sometimes you have a good outcome with a bad process and sometimes you have a good outcome with a bad process. "The best long-term performers in any probabilistic field -- such as investing... emphasize process over outcome." https://t.co/V5xj8EBrpq https://t.co/jHqkZNs0F6
Arts and Minds
Anton Howes
"For almost 300 years, an organisation has quietly tried to change almost every aspect of life in Britain. That organisation is the Royal Society for the Encouragement of Arts, Manufactures and Commerce, often known simply as the Royal Society of Arts. It has acted as Britain's private national improvement agency, in every way imaginable - essentially, a society for the improvement of everything and anything. This book is its history. From its beginnings in a coffee house in the mid-eighteenth century, the Society has tried to change Britain's art, industry, laws, music, environment, education, and even culture. It has sometimes even succeeded. It has been a prize-fund for innovations, a platform for Victorian utilitarian reformers, a convenor of disparate interest groups, and the focal point for social movements. There has never been an organisation quite like it, constantly having to reinvent itself to find something new to improve. The book rewrites many of the old official histories of the Society and updates them to the present day, incorporating over half a century of further research into the periods they covered, along with new insights into the organisation's evolution. The book reveals the hidden and often surprising history of how a few public-spirited people tried to make their country better, offering lessons from their triumphs and their failures for all would-be reformers today"--This book is fucking amazing (sorry but there’s no better way to put it) https://t.co/Vql54DvVFo
American Colossus
H. W. Brands
From bestselling historian H. W. Brands, a sweeping chronicle of how a few wealthy businessmen reshaped America from a land of small farmers and small businessmen into an industrial giant.@generativist https://t.co/Nmp9MFJITY
Confessions of a Public Speaker
Scott Berkun
In this hilarious and highly practical book, author and professional speaker Scott Berkun reveals the techniques behind what great communicators do, and shows how anyone can learn to use them well. For managers and teachers -- and anyone else who talks and expects someone to listen -- Confessions of a Public Speaker provides an insider's perspective on how to effectively present ideas to anyone. It's a unique, entertaining, and instructional romp through the embarrassments and triumphs Scott has experienced over 15 years of speaking to crowds of all sizes. With lively lessons and surprising confessions, you'll get new insights into the art of persuasion -- as well as teaching, learning, and performance -- directly from a master of the trade. Highlights include: Berkun's hard-won and simple philosophy, culled from years of lectures, teaching courses, and hours of appearances on NPR, MSNBC, and CNBC Practical advice, including how to work a tough room, the science of not boring people, how to survive the attack of the butterflies, and what to do when things go wrong The inside scoop on who earns $30,000 for a one-hour lecture and why The worst -- and funniest -- disaster stories you've ever heard (plus countermoves you can use) Filled with humorous and illuminating stories of thrilling performances and real-life disasters, Confessions of a Public Speaker is inspirational, devastatingly honest, and a blast to read.@kennethn @berkun's Confessions of a Public Speaker https://t.co/9SEMPj7Rmh
Million Dollar Consulting
Alan Weiss
Build a thriving consultancy with the updated edition of this classic bestseller Having inspired generations of consultants and entrepreneurs around the world, the “Rock Star of Consulting” Alan Weiss returns with a revised and completely updated edition of his authoritative guide to consulting success. Weiss provides his time-tested model on creating a flourishing consulting business, while incorporating and focusing on the many dynamic changes in solo and boutique consulting, coaching, and entrepreneurship. In addition to guidance on raising capital, attracting clients, and creating a marketing plan, he also gives brand new step-by-step advice on: • Harnessing today’s global opportunities • Developing brands across markets • Creating and licensing intellectual property • Avoiding the pitfalls of social media • Landing unsolicited referrals through counterintuitive methods • Managing and organizing your time wisely • Succeeding in the face of continuing turbulence Find out why this book has been the classic go-to for consultants for nearly twenty-five years, and learn how to grow your business into a $1 million-per-year firm today!@Producthoe Contracts with revision counts are important. This is my favorite book on the topic of consulting. https://t.co/sUJiW51ZSa
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.@MilindMehere One of my favorite books!
The Truth Machine
Paul Vigna
The authors explain both the technical and business-relevant concepts that blockchain technology affords digital security.I recall someone once wrote a good book on this! @paulvigna @mikejcasey https://t.co/JWqKd68Ksh
No Filter
Sarah Frier
Award-winning reporter Sarah Frier reveals an inside, never-before-told, behind-the-scenes look at how Instagram defied the odds to become one of the most culturally defining apps of the decade. Since its creation in 2010, Instagram’s fun and simple interface has captured our collective imagination, swiftly becoming a way of life. In No Filter: The Inside Story of Instagram, technology reporter Sarah Frier explains how Instagram’s founders married art and technology to overcome skeptics and to hook the public on visual storytelling. At first, Instagram initially attracted artisans, but then the platform exploded in popularity among the masses, creating an entire industry of digital influencers that’s now worth tens of billions of dollars. Eighteen months after Instagram’s launch and explosive growth, the founders—Kevin Systrom and Mike Krieger—made the gut-wrenching decision to sell the company to Facebook. For most companies, that would be the end of the story; but for Instagram, it was only the beginning. Instagram borrowed some lessons from Facebook and rejected others, until eventually its success stirred tension with Facebook’s CEO Mark Zuckerberg, just as Facebook became embroiled in a string of public crises. Frier unearths the details that led to the cofounders’ departure, bringing to light dramatic moments unknown to the public until now. At its heart, No Filter draws on unprecedented exclusive access—from the founders of Instagram, as well as employees, executives, and competitors; hedge fund billionaire Ray Dalio; Anna Wintour of Vogue; Kris Jenner of the Kardashian-Jenner empire; and a plethora of influencers, from fashionistas with millions of followers to owners of famous dogs worldwide—to show how Instagram has fundamentally changed the way we communicate, shop, eat, and travel. The book brings readers inside users’ strategies to craft their personal image and fame, explaining how the company’s product decisions have affected the structure of our society. From teenagers to the pope, No Filter tells the captivating story of how Instagram not only created a new industry but also changed our lives.Here are some more recent-ish reads that I liked or found valuable off the top of my head: - Creative Quest- Empires of Light - Think Again - Tiger Woods - Boom Town - Liftoff - A Promised Land - No Filter - Becoming - That Will Never Work - The Ride of a Lifetime
Priceless
William Poundstone
Prada stores carry a few obscenely expensive items in order to boost sales for everything else (which look like bargains in comparison). People used to download music for free, then Steve Jobs convinced them to pay. How? By charging 99 cents. That price has a hypnotic effect: the profit margin of the 99 Cents Only store is twice that of Wal-Mart. Why do text messages cost money, while e-mails are free? Why do jars of peanut butter keep getting smaller in order to keep the price the "same"? The answer is simple: prices are a collective hallucination. In Priceless, the bestselling author William Poundstone reveals the hidden psychology of value. In psychological experiments, people are unable to estimate "fair" prices accurately and are strongly influenced by the unconscious, irrational, and politically incorrect. It hasn't taken long for marketers to apply these findings. "Price consultants" advise retailers on how to convince consumers to pay more for less, and negotiation coaches offer similar advice for businesspeople cutting deals. The new psychology of price dictates the design of price tags, menus, rebates, "sale" ads, cell phone plans, supermarket aisles, real estate offers, wage packages, tort demands, and corporate buyouts. Prices are the most pervasive hidden persuaders of all. Rooted in the emerging field of behavioral decision theory, Priceless should prove indispensable to anyone who negotiates.Every year, I respect marketing, messaging, sales, and communications more Best books: - Pitch Anything (Klaff) - Nobody Wants to Read Your Sh*t (Pressfield) - Positioning (Ries, Trout) - Influence (Cialdini) - Scientific Advertising (Hopkins) - Priceless (Poundstone)
Positioning
Al Ries
The first book to deal with the problems of communicating to a skeptical, media-blitzed public, Positioning describes a revolutionary approach to creating a "position" in a prospective customer's mind-one that reflects a company's own strengths and weaknesses as well as those of its competitors. Writing in their trademark witty, fast-paced style, advertising gurus Ries and Trout explain how to: Make and position an industry leader so that its name and message wheedles its way into the collective subconscious of your market-and stays there Position a follower so that it can occupy a niche not claimed by the leader Avoid letting a second product ride on the coattails of an established one. Positioning also shows you how to: Use leading ad agency techniques to capture the biggest market share and become a household name Build your strategy around your competition's weaknesses Reposition a strong competitor and create a weak spot Use your present position to its best advantage Choose the best name for your product Determine when-and why-less is more Analyze recent trends that affect your positioning. Ries and Trout provide many valuable case histories and penetrating analyses of some of the most phenomenal successes and failures in advertising history. Revised to reflect significant developments in the five years since its original publication, Positioning is required reading for anyone in business today.“Positioning” is one of the most important books I’ve read. “The basic idea is not to create something new and different, but to manipulate what’s already in the mind, to retie the connections that already exist.” E.g. this is how we came up with the term “Custom Indexing” https://t.co/vJpIZoep1Z
Radical Markets
Eric A. Posner
Revolutionary ideas on how to use markets to bring about fairness and prosperity for all Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking—and pretty much all conventional thinking about markets, both for and against—on its head. The book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation. Eric Posner and Glen Weyl demonstrate why private property is inherently monopolistic, and how we would all be better off if private ownership were converted into a public auction for public benefit. They show how the principle of one person, one vote inhibits democracy, suggesting instead an ingenious way for voters to effectively influence the issues that matter most to them. They argue that every citizen of a host country should benefit from immigration—not just migrants and their capitalist employers. They propose leveraging antitrust laws to liberate markets from the grip of institutional investors and creating a data labor movement to force digital monopolies to compensate people for their electronic data. Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition—Radical Markets shows how.I first learned about quadratic voting in that wonderful book "radical markets". A must-read for anyone who wants to refactor civilization.
Ask Iwata
Hobonichi
"On my business card, I am a corporate president. In my mind, I am a game developer. But in my heart, I am a gamer." --Satoru Iwata Satoru Iwata was the former Global President and CEO of Nintendo and a gifted programmer who played a key role in the creation of many of the world's best-known games. He led the production of innovative platforms such as the Nintendo DS and the Wii, and laid the groundwork for the development of the wildly successful Pokémon Go game and the Nintendo Switch. Known for his analytical and imaginative mind, but even more for his humility and people-first approach to leadership, Satoru Iwata was beloved by game fans and developers worldwide. In this motivational collection, Satoru Iwata addresses diverse subjects such as locating bottlenecks, how success breeds resistance to change, and why programmers should never say no. Drawn from the "Iwata Asks" series of interviews with key contributors to Nintendo games and hardware, and featuring conversations with renowned Mario franchise creator Shigeru Miyamoto and creator of EarthBound Shigesato Itoi, Ask Iwata offers game fans and business leaders an insight into the leadership, development and design philosophies of one of the most beloved figures in gaming history.Book 12 Lesson: Creativity is an expression of the ego. https://t.co/uFsQJDOAuZ
The Startup Owner's Manual
Steve Blank
More than 100,000 entrepreneurs rely on this book for detailed, step-by-step instructions on building successful, scalable, profitable startups. The National Science Foundation pays hundreds of startup teams each year to follow the process outlined in the book, and it's taught at Stanford, Berkeley, Columbia and more than 100 other leading universities worldwide. Why? The Startup Owner's Manual guides you, step-by-step, as you put the Customer Development process to work. This method was created by renowned Silicon Valley startup expert Steve Blank, co-creator with Eric Ries of the "Lean Startup" movement and tested and refined by him for more than a decade. This 608-page how-to guide includes over 100 charts, graphs, and diagrams, plus 77 valuable checklists that guide you as you drive your company toward profitability. It will help you: • Avoid the 9 deadly sins that destroy startups' chances for success • Use the Customer Development method to bring your business idea to life • Incorporate the Business Model Canvas as the organizing principle for startup hypotheses • Identify your customers and determine how to "get, keep and grow" customers profitably • Compute how you'll drive your startup to repeatable, scalable profits. The Startup Owners Manual was originally published by K&S Ranch Publishing Inc. and is now available from Wiley. The cover, design, and content are the same as the prior release and should not be considered a new or updated product.@KrystynaCoyle @malone_co @jjen_abel Yes! His book: https://t.co/zd45ns6wqf and his blog is great too: https://t.co/rTadgL6oVY
Tribal Leadership
Dave Logan
Every organization is composed of tribes—naturally occurring groups of between 20 and 150 people. Until now, only a few leaders could identify and develop their tribes, and those rare individuals were rewarded with loyalty, productivity, and industry-changing innovation. Tribal Leadership shows leaders how to assess, identify, and upgrade their tribes' cultures, one stage at a time. The result is an organization that can thrive in any economy.For founders transitioning to becoming managers. Here are three books worth reading. https://t.co/lf2dFVTnQs
High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinatesFor founders transitioning to becoming managers. Here are three books worth reading. https://t.co/lf2dFVTnQs
Continuous Discovery Habits
Teresa Torres
Today Teresa's @ttorres new book Continuous Discovery Habits finally launched. I can tell you she put serious hours and effort into this book, and it fills a real gap in the available offerings. I view it as an important complement to INSPIRED: https://t.co/O300f22M3O
Bottle of Lies
Katherine Eban
A narrative investigation into the generic drug boom by an award-winning Fortune reporter draws on exclusive accounts and extensive confidential FDA documents to expose life-threatening practices of global fraud, data manipulation and unsafe medicine production. 150,000 first printing.Enjoyed reading this medical thriller. https://t.co/8Sbb1oI2hm
Amazon Unbound
Brad Stone
From the bestselling author of The Everything Store, an unvarnished picture of Amazon’s unprecedented growth and its billionaire founder, Jeff Bezos, revealing the most important business story of our time. Almost ten years ago, Bloomberg journalist Brad Stone captured the rise of Amazon, an internet pioneer quietly changing the way we shop online, in his bestseller The Everything Store. But ever since, Amazon has expanded exponentially, inventing novel products like Alexa and disrupting countless industries, while its workforce has quintupled in size and its valuation has soared to well over a trillion dollars. Jeff Bezos’s empire, once housed in a garage, now spans the globe. Between services like Whole Foods, Prime Video, and Amazon’s cloud computing unit, AWS, plus Bezos’s ownership of The Washington Post, it’s impossible to go a day without encountering its impact. We live in a world run, supplied, and controlled by Amazon and its iconoclast founder. In Amazon Unbound, Brad Stone presents a deeply reported, vividly drawn portrait of how a retail upstart became one of the most powerful and feared entities in the global economy. With unprecedented access to current and former executives, employees, regulators, and critics, Stone shows how seismic changes inside the company over the past decade led to dramatic innovations, as well as to missteps that turned public sentiment against its sharp-elbowed business practices and gameshow treatment of its search for a second headquarters. Stone also probes the evolution of Bezos himself—who started as a geeky technologist totally devoted to building Amazon, but who transformed to become a fit, disciplined billionaire with global ambitions; who ruled Amazon with an iron fist, even as he found his personal life splashed over the tabloids. As his empire expands, the book investigates how Bezos gradually pulled away from day-to-day activities at Amazon to focus on his many interests outside of it, announcing his momentous transition from CEO to executive chairman. Definitive, timely, and revelatory, Stone has provided an unvarnished portrait of a man and company that we couldn’t imagine modern life without.@BradStone Ready! https://t.co/vlyMrS9UD9
Amazon Unbound
Brad Stone
From the bestselling author of The Everything Store, an unvarnished picture of Amazon’s unprecedented growth and its billionaire founder, Jeff Bezos, revealing the most important business story of our time. Almost ten years ago, Bloomberg journalist Brad Stone captured the rise of Amazon, an internet pioneer quietly changing the way we shop online, in his bestseller The Everything Store. But ever since, Amazon has expanded exponentially, inventing novel products like Alexa and disrupting countless industries, while its workforce has quintupled in size and its valuation has soared to well over a trillion dollars. Jeff Bezos’s empire, once housed in a garage, now spans the globe. Between services like Whole Foods, Prime Video, and Amazon’s cloud computing unit, AWS, plus Bezos’s ownership of The Washington Post, it’s impossible to go a day without encountering its impact. We live in a world run, supplied, and controlled by Amazon and its iconoclast founder. In Amazon Unbound, Brad Stone presents a deeply reported, vividly drawn portrait of how a retail upstart became one of the most powerful and feared entities in the global economy. With unprecedented access to current and former executives, employees, regulators, and critics, Stone shows how seismic changes inside the company over the past decade led to dramatic innovations, as well as to missteps that turned public sentiment against its sharp-elbowed business practices and gameshow treatment of its search for a second headquarters. Stone also probes the evolution of Bezos himself—who started as a geeky technologist totally devoted to building Amazon, but who transformed to become a fit, disciplined billionaire with global ambitions; who ruled Amazon with an iron fist, even as he found his personal life splashed over the tabloids. As his empire expands, the book investigates how Bezos gradually pulled away from day-to-day activities at Amazon to focus on his many interests outside of it, announcing his momentous transition from CEO to executive chairman. Definitive, timely, and revelatory, Stone has provided an unvarnished portrait of a man and company that we couldn’t imagine modern life without.Brad's new book on #Amazon is out today, looking forward to reading it: https://t.co/lRUW9kwiyT @BradStone
Amazon Unbound
Brad Stone
From the bestselling author of The Everything Store, an unvarnished picture of Amazon’s unprecedented growth and its billionaire founder, Jeff Bezos, revealing the most important business story of our time. Almost ten years ago, Bloomberg journalist Brad Stone captured the rise of Amazon, an internet pioneer quietly changing the way we shop online, in his bestseller The Everything Store. But ever since, Amazon has expanded exponentially, inventing novel products like Alexa and disrupting countless industries, while its workforce has quintupled in size and its valuation has soared to well over a trillion dollars. Jeff Bezos’s empire, once housed in a garage, now spans the globe. Between services like Whole Foods, Prime Video, and Amazon’s cloud computing unit, AWS, plus Bezos’s ownership of The Washington Post, it’s impossible to go a day without encountering its impact. We live in a world run, supplied, and controlled by Amazon and its iconoclast founder. In Amazon Unbound, Brad Stone presents a deeply reported, vividly drawn portrait of how a retail upstart became one of the most powerful and feared entities in the global economy. With unprecedented access to current and former executives, employees, regulators, and critics, Stone shows how seismic changes inside the company over the past decade led to dramatic innovations, as well as to missteps that turned public sentiment against its sharp-elbowed business practices and gameshow treatment of its search for a second headquarters. Stone also probes the evolution of Bezos himself—who started as a geeky technologist totally devoted to building Amazon, but who transformed to become a fit, disciplined billionaire with global ambitions; who ruled Amazon with an iron fist, even as he found his personal life splashed over the tabloids. As his empire expands, the book investigates how Bezos gradually pulled away from day-to-day activities at Amazon to focus on his many interests outside of it, announcing his momentous transition from CEO to executive chairman. Definitive, timely, and revelatory, Stone has provided an unvarnished portrait of a man and company that we couldn’t imagine modern life without.Ah yes here we go https://t.co/BfeTX6dFDw
The AI-First Company
Ash Fontana
Defining data learning effects -- Lean AI -- Getting the data -- AI-first teams -- Making the models -- Managing the models -- Measuring the loop -- Aggregating advantages.My friend @AshFontana wrote a book on leveraging data+AI as a competitive advantage: https://t.co/48kbmreqLc. Ash is a super sharp, first principles thinker with a lot of investing experience at the intersection of data and AI. I'm excited to give this a read!
The New Builders
Seth Levine
Despite popular belief to the contrary, entrepreneurship in the United States is dying. It has been since before the Great Recession of 2008, and the negative trend in American entrepreneurship has been accelerated by the Covid pandemic. New firms are being started at a slower rate, are employing fewer workers, and are being formed disproportionately in just a few major cities in the U.S. At the same time, large chains are opening more locations. Companies such as Amazon with their "deliver everything and anything" are rapidly displacing Main Street businesses. In The New Builders, we tell the stories of the next generation of entrepreneurs -- and argue for the future of American entrepreneurship. That future lies in surprising places -- and will in particular rely on the success of women, black and brown entrepreneurs. Our country hasn't yet even recognized the identities of the New Builders, let alone developed strategies to support them. Our misunderstanding is driven by a core misperception. Consider a "typical" American entrepreneur. Think about the entrepreneur who appears on TV, the business leader making headlines during the pandemic. Think of the type of businesses she or he is building, the college or business school they attended, the place they grew up. The image you probably conjured is that of a young, white male starting a technology business. He's likely in Silicon Valley. Possibly New York or Boston. He's self-confident, versed in the ins and outs of business funding and has an extensive (Ivy League?) network of peers and mentors eager to help his business thrive, grow and make millions, if not billions. You’d think entrepreneurship is thriving, and helping the United States maintain its economic power. You'd be almost completely wrong. The dominant image of an entrepreneur as a young white man starting a tech business on the coasts isn't correct at all. Today's American entrepreneurs, the people who drive critical parts of our economy, are more likely to be female and non-white. In fact, the number of women-owned businesses has increased 31 times between 1972 and 2018 according to the Kauffman Foundation (in 1972, women-owned businesses accounted for just 4.6% of all firms; in 2018 that figure was 40%). The fastest-growing group of female entrepreneurs are women of color, who are responsible for 64% of new women-owned businesses being created. In a few years, we believe women will make up more than half of the entrepreneurs in America. The age of the average American entrepreneur also belies conventional wisdom: It's 42. The average age of the most successful entrepreneurs -- those in the top .01% in terms of their company's growth in the first five years -- is 45. These are the New Builders. Women, people of color, immigrants and people over 40. We're failing them. And by doing so, we are failing ourselves. In this book, you'll learn: How the definition of business success in America today has grown corporate and around the concepts of growth, size, and consumption. Why and how our collective understanding of "entrepreneurship" has dangerously narrowed. Once a broad term including people starting businesses of all types, entrepreneurship has come to describe only the brash technology founders on the way to becoming big. Who are the fastest growing groups of entrepreneurs? What are they working on? What drives them? The real engine that drove Silicon Valley’s entrepreneurs. The government had a much bigger role than is widely known The extent to which entrepreneurs and small businesses are woven through our history, and the ways we have forgotten women and people of color who owned small businesses in the past. How we're increasingly afraid to fail The role small businesses are playing saving the wilderness, small towns and redlined communities What we can do to turn the decline in entrepreneurship around, especially be supporting the people who are courageously starting small companies today.How to Change
Katy Milkman
Award-winning Wharton Professor and Choiceology podcast host Katy Milkman has devoted her career to the study of behavior change. In this ground-breaking book, Milkman reveals a proven path that can take you from where you are to where you want to be, with a foreword from psychologist Angela Duckworth, the best-selling author of Grit. Set audacious goals. Foster good habits. Create social support. You've surely heard this advice before. If you've ever tried to change or encourage it -- to boost exercise or healthy eating, to prevent missed deadlines or kick-start savings -- then you know there are thousands of apps, books, and YouTube videos promising to help and offering sound guidance. And yet, you're still not where you want to be. This trailblazing book from award-winning behavioral scientist and Wharton Professor Katy Milkman explains why. In a career devoted to uncovering what helps people change, Milkman has discovered a crucial thing many of us get wrong: our strategy. Change, she's learned, comes most readily when you understand what's standing between you and success and tailor your solution to that roadblock. If you want to work out more but find exercise difficult and boring, downloading a goal-setting app probably won't help. But what if, instead, you transformed your workouts so they became a source of pleasure instead of a chore? Turning an uphill battle into a downhill one is the key to success. Drawing on Milkman's original research and the work of her dozens of world-renowned scientific collaborators, How to Change shares an innovative new approach that will help you change or encourage change in others. Through case studies, engaging stories, and examples from cutting-edge research, this book illustrates how to identify and overcome the barriers that regularly stand in the way of change. How to Change will teach you: * Why timing can be everything when it comes to making a change * How to turn temptation and inertia into assets that can help you conquer your goals * That giving advice, even if it's about something you're struggling with, can help you achieve more Whether you're a manager, coach, or teacher aiming to help others change for the better or are struggling to kick-start change yourself, How to Change offers an invaluable, science-based blueprint for achieving your goals, once and for all.A practical guide to self-improvement through behavioral economics. Really well done book about understanding yourself and your inner opponents by @katy_milkman https://t.co/2ZyrqNaxZI
The New Builders
Seth Levine
Despite popular belief to the contrary, entrepreneurship in the United States is dying. It has been since before the Great Recession of 2008, and the negative trend in American entrepreneurship has been accelerated by the Covid pandemic. New firms are being started at a slower rate, are employing fewer workers, and are being formed disproportionately in just a few major cities in the U.S. At the same time, large chains are opening more locations. Companies such as Amazon with their "deliver everything and anything" are rapidly displacing Main Street businesses. In The New Builders, we tell the stories of the next generation of entrepreneurs -- and argue for the future of American entrepreneurship. That future lies in surprising places -- and will in particular rely on the success of women, black and brown entrepreneurs. Our country hasn't yet even recognized the identities of the New Builders, let alone developed strategies to support them. Our misunderstanding is driven by a core misperception. Consider a "typical" American entrepreneur. Think about the entrepreneur who appears on TV, the business leader making headlines during the pandemic. Think of the type of businesses she or he is building, the college or business school they attended, the place they grew up. The image you probably conjured is that of a young, white male starting a technology business. He's likely in Silicon Valley. Possibly New York or Boston. He's self-confident, versed in the ins and outs of business funding and has an extensive (Ivy League?) network of peers and mentors eager to help his business thrive, grow and make millions, if not billions. You’d think entrepreneurship is thriving, and helping the United States maintain its economic power. You'd be almost completely wrong. The dominant image of an entrepreneur as a young white man starting a tech business on the coasts isn't correct at all. Today's American entrepreneurs, the people who drive critical parts of our economy, are more likely to be female and non-white. In fact, the number of women-owned businesses has increased 31 times between 1972 and 2018 according to the Kauffman Foundation (in 1972, women-owned businesses accounted for just 4.6% of all firms; in 2018 that figure was 40%). The fastest-growing group of female entrepreneurs are women of color, who are responsible for 64% of new women-owned businesses being created. In a few years, we believe women will make up more than half of the entrepreneurs in America. The age of the average American entrepreneur also belies conventional wisdom: It's 42. The average age of the most successful entrepreneurs -- those in the top .01% in terms of their company's growth in the first five years -- is 45. These are the New Builders. Women, people of color, immigrants and people over 40. We're failing them. And by doing so, we are failing ourselves. In this book, you'll learn: How the definition of business success in America today has grown corporate and around the concepts of growth, size, and consumption. Why and how our collective understanding of "entrepreneurship" has dangerously narrowed. Once a broad term including people starting businesses of all types, entrepreneurship has come to describe only the brash technology founders on the way to becoming big. Who are the fastest growing groups of entrepreneurs? What are they working on? What drives them? The real engine that drove Silicon Valley’s entrepreneurs. The government had a much bigger role than is widely known The extent to which entrepreneurs and small businesses are woven through our history, and the ways we have forgotten women and people of color who owned small businesses in the past. How we're increasingly afraid to fail The role small businesses are playing saving the wilderness, small towns and redlined communities What we can do to turn the decline in entrepreneurship around, especially be supporting the people who are courageously starting small companies today.Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.Book 8 Lesson: For better or for worse, companies embody the neuroses of their founders https://t.co/w4Mc4YeHkJ
Super Founders
Ali Tamaseb
"Every VC is chasing a unicorn-those billion dollar companies that fundamentally change their industries, and every entrepreneur certainly wants to become one. For Super Founders, author Ali Tamaseb gathered and analyzed 40,000 data points about the 200+ unicorns founded since 2005 and found out what these billion dollar companies and their founders actually looked like. And you'll be surprised by what he discovered. Half of unicorn founders are over 35. Most founders don't have any directly relevant work experience in the industry they're disrupting. There's no disadvantage to being a solo founder. Sixty percent of billion dollar companies are started by repeat entrepreneurs, many of whom already have at least one $50M+ exit under their belt. And over half of unicorns were competing with multiple incumbents at the time of their founding. What we thought we knew about these companies doesn't turn out to be true, which has serious implications for both the kinds of startups that get funding and the for the kinds of people who decide to start companies in the first place. Super Founders gives readers an unprecedented look not just at what the data tells us about the world's most successful startups and the people who create them, but also at those companies and founders themselves, many of which are not well-known among the general public. A blend of data, analysis, stories and exclusive interviews, the book is a paradigm-shifting guide for entrepreneurs and the investment community. You may look more like a Super Founder than you think!"--@alitamaseb 🥳📖 https://t.co/FSzzI5o7Hl
The Minimalist Entrepreneur
Sahil Lavingia
A new roadmap for building sustainable startups that last beyond the hype. As more and more cracks form in the myth of the VC-funded, IPO-driven billion-dollar company--they're not profitable, and are unethically run to boot--entrepreneurs are seeking an alternative path to building useful, sustainable, and sane businesses. The Minimalist Startup is the manifesto for a new generation of entrepreneurs who would rather build great companies than big ones. In 2011, Sahil Lavingia left his position as the second hire at Pinterest to chase his own dream of founding a billion-dollar company. His startup, Gumroad, was growing quickly and raising venture capital easily. Gumroad, a platform connecting creators with sellers, seemed like it was on the road to unicorn status, with the fancy offices and rapid hiring to match. Until one quarter, when growth faltered, and everything crumbled. But Lavingia rebuilt Gumroad from the ground up. In contrast to the waste and hypergrowth-for-growth's sake mentality that characterized his first attempt, he became a minimalist entrepreneur. Weaving together his own experience at Gumroad with stories of other likeminded companies, he offers a new roadmap for entrepreneurs choosing to grow meaningfully over growing unsustainably. Unicorns are not the best or only path for a startup. The Minimalist Entrepreneur teaches founders how to resist investments that set you up to fail, run a tight ship amid the rise of the gig economy and remote work, develop and release products without failing fast or often, and how to get to profitability and stay there.@nmasc_ The answer’s in the book!
How Asia Works
Joe Studwell
@timevalueofbtc @ctfallen @nfergus @adam_tooze @Breedlove22 @stig_brodersen really liked that book, I thought it was good too.
Birth of the Chaordic Age
Dee W. Hock
A inside look at the VISA corporation and the new chaordic business organization method, chaos and order combined, describes how this method works for VISA and how it is being put into practice all over the world. 75,000 first printing. $75,000 ad/promo. Tour.@JMihaljevic @deewhock Incredible human with lessons and ideas that should be far more widely known. Summary of one of his many incredible books below https://t.co/IovBz0PgGG
Where Are the Customers' Yachts?
Fred Schwed
"Once I picked it up I did not put it down until I finished. . . . What Schwed has done is capture fully-in deceptively clean language-the lunacy at the heart of the investment business." -- From the Foreword by Michael Lewis, Bestselling author of Liar's Poker ". . . one of the funniest books ever written about Wall Street." -- Jane Bryant Quinn, The Washington Post "How great to have a reissue of a hilarious classic that proves the more things change the more they stay the same. Only the names have been changed to protect the innocent." -- Michael Bloomberg "It's amazing how well Schwed's book is holding up after fifty-five years. About the only thing that's changed on Wall Street is that computers have replaced pencils and graph paper. Otherwise, the basics are the same. The investor's need to believe somebody is matched by the financial advisor's need to make a nice living. If one of them has to be disappointed, it's bound to be the former." -- John Rothchild, Author, A Fool and His Money, Financial Columnist, Time magazine Humorous and entertaining, this book exposes the folly and hypocrisy of Wall Street. The title refers to a story about a visitor to New York who admired the yachts of the bankers and brokers. Naively, he asked where all the customers' yachts were? Of course, none of the customers could afford yachts, even though they dutifully followed the advice of their bankers and brokers. Full of wise contrarian advice and offering a true look at the world of investing, in which brokers get rich while their customers go broke, this book continues to open the eyes of investors to the reality of Wall Street.@honam @ScottBRobinson1 Yes sir! I have these books - classics.
Common Stocks and Uncommon Profits and Other Writings
Philip A. Fisher
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction "I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments." —Warren Buffet@honam "Common stocks and uncommon profits" is my favourite investment book - Phil Fisher was a genius and decades later, his teachings are still so relevant today.
No Filter
Sarah Frier
Award-winning reporter Sarah Frier reveals an inside, never-before-told, behind-the-scenes look at how Instagram defied the odds to become one of the most culturally defining apps of the decade. Since its creation in 2010, Instagram’s fun and simple interface has captured our collective imagination, swiftly becoming a way of life. In No Filter: The Inside Story of Instagram, technology reporter Sarah Frier explains how Instagram’s founders married art and technology to overcome skeptics and to hook the public on visual storytelling. At first, Instagram initially attracted artisans, but then the platform exploded in popularity among the masses, creating an entire industry of digital influencers that’s now worth tens of billions of dollars. Eighteen months after Instagram’s launch and explosive growth, the founders—Kevin Systrom and Mike Krieger—made the gut-wrenching decision to sell the company to Facebook. For most companies, that would be the end of the story; but for Instagram, it was only the beginning. Instagram borrowed some lessons from Facebook and rejected others, until eventually its success stirred tension with Facebook’s CEO Mark Zuckerberg, just as Facebook became embroiled in a string of public crises. Frier unearths the details that led to the cofounders’ departure, bringing to light dramatic moments unknown to the public until now. At its heart, No Filter draws on unprecedented exclusive access—from the founders of Instagram, as well as employees, executives, and competitors; hedge fund billionaire Ray Dalio; Anna Wintour of Vogue; Kris Jenner of the Kardashian-Jenner empire; and a plethora of influencers, from fashionistas with millions of followers to owners of famous dogs worldwide—to show how Instagram has fundamentally changed the way we communicate, shop, eat, and travel. The book brings readers inside users’ strategies to craft their personal image and fame, explaining how the company’s product decisions have affected the structure of our society. From teenagers to the pope, No Filter tells the captivating story of how Instagram not only created a new industry but also changed our lives.Book 7 Lesson: Don't sell to Facebook if you want to stay in control of your company. https://t.co/sJh9RB8m9e
How to Change
Katy Milkman
Award-winning Wharton Professor and Choiceology podcast host Katy Milkman has devoted her career to the study of behavior change. In this ground-breaking book, Milkman reveals a proven path that can take you from where you are to where you want to be, with a foreword from psychologist Angela Duckworth, the best-selling author of Grit. Set audacious goals. Foster good habits. Create social support. You've surely heard this advice before. If you've ever tried to change or encourage it -- to boost exercise or healthy eating, to prevent missed deadlines or kick-start savings -- then you know there are thousands of apps, books, and YouTube videos promising to help and offering sound guidance. And yet, you're still not where you want to be. This trailblazing book from award-winning behavioral scientist and Wharton Professor Katy Milkman explains why. In a career devoted to uncovering what helps people change, Milkman has discovered a crucial thing many of us get wrong: our strategy. Change, she's learned, comes most readily when you understand what's standing between you and success and tailor your solution to that roadblock. If you want to work out more but find exercise difficult and boring, downloading a goal-setting app probably won't help. But what if, instead, you transformed your workouts so they became a source of pleasure instead of a chore? Turning an uphill battle into a downhill one is the key to success. Drawing on Milkman's original research and the work of her dozens of world-renowned scientific collaborators, How to Change shares an innovative new approach that will help you change or encourage change in others. Through case studies, engaging stories, and examples from cutting-edge research, this book illustrates how to identify and overcome the barriers that regularly stand in the way of change. How to Change will teach you: * Why timing can be everything when it comes to making a change * How to turn temptation and inertia into assets that can help you conquer your goals * That giving advice, even if it's about something you're struggling with, can help you achieve more Whether you're a manager, coach, or teacher aiming to help others change for the better or are struggling to kick-start change yourself, How to Change offers an invaluable, science-based blueprint for achieving your goals, once and for all.Just received a copy of How to Change from @katy_milkman -- big fan of science based approaches, looking forward to digging into this! https://t.co/hG8K0fdqdW https://t.co/mOdt0l0gy8
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.@arnav_kumar (startup/tech business biased) Everything written by Andy Grove The Gervais Principle by @vgr The Dilbert Principle by @ScottAdamsSays The Incerto Series by NNT The Goal by Goldratt PoPDF by Reinertsen The Mythical Man Month by Brooks Powerful by McCord
Powerful
Patty McCord
When it comes to recruiting, motivating, and creating great teams, Patty McCord says most companies have it all wrong. McCord helped create the unique and high-performing culture at Netflix, where she was chief talent officer. In her new book, Powerful: Building a Culture of Freedom and Responsibility, she shares what she learned there and elsewhere in Silicon Valley. McCord advocates practicing radical honesty in the workplace, saying good-bye to employees who don't fit the company's emerging needs, and motivating with challenging work, not promises, perks, and bonus plans. McCord argues that the old standbys of corporate HR--annual performance reviews, retention plans, employee empowerment and engagement programs--often end up being a colossal waste of time and resources. Her road-tested advice, offered with humor and irreverence, provides readers a different path for creating a culture of high performance and profitability. Powerful will change how you think about work and the way a business should be run.@arnav_kumar (startup/tech business biased) Everything written by Andy Grove The Gervais Principle by @vgr The Dilbert Principle by @ScottAdamsSays The Incerto Series by NNT The Goal by Goldratt PoPDF by Reinertsen The Mythical Man Month by Brooks Powerful by McCord
Incerto
Nassim Nicholas Taleb
The landmark five-book series--now in a beautifully designed, cloth-bound deluxe hardcover boxed set The Incerto is an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision making when we don't understand the world, expressed in the form a personal essay with autobiographical sections, stories, parables, and philosophical, historical, and scientific discussions, in non-overlapping volumes that can be accessed in any order. The main thread is that while there is inordinate uncertainty about what is going on, there is great certainty as to what one should do about it. This deluxe boxed set includes: FOOLED BY RANDOMNESS THE BLACK SWAN THE BED OF PROCRUSTES ANTIFRAGILE SKIN IN THE GAME@arnav_kumar (startup/tech business biased) Everything written by Andy Grove The Gervais Principle by @vgr The Dilbert Principle by @ScottAdamsSays The Incerto Series by NNT The Goal by Goldratt PoPDF by Reinertsen The Mythical Man Month by Brooks Powerful by McCord
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.@RosenZone I read it once a year. It’s a favorite
The Formula
Albert-László Barabási
In this pioneering examination of the scientific principles behind success, a leading researcher reveals the surprising ways in which we can turn achievement into success. Too often, accomplishment does not equate to success. We did the work but didn't get the promotion; we played hard but weren't recognized; we had the idea but didn't get the credit. We've always been told that talent and a strong work ethic are the key to getting ahead, but in today's world these efforts rarely translate into tangible results. Recognizing this disconnect, Laszlo Barabasi, one of the world's leading experts on the science of networks, uncovers what success really is: a collective phenomenon based on the thoughts and praise of those around you. In The Formula, Barabasi highlights the vital important of community respect and appreciation when connecting performance to recognition--the elusive link between performance and success. By leveraging the power of big data and historic case studies, Barabasi reveals the unspoken rules behind who truly gets ahead and why, and outlines the twelve laws that govern this phenomenon and how we can use them to our own advantage. Unveiling the scientific principles that drive success, this trailblazing book offers a new understanding of the very foundation of how people excel in today's society.Daily Book Recommendation Title: The Formula: Universal Laws of Success Topic: Success We think Hard Work=Success, but success relies on more than just Hard Work. This book examines the scientific principles behind success everyone needs to know. Link: https://t.co/TN19FwEQAL
Loonshots
Safi Bahcall
@brian_armstrong love this book cc @SafiBahcall
Loonshots
Safi Bahcall
Enjoyed reading Loonshots https://t.co/owu1YopWWr There is a good summary of the book here as well: https://t.co/v8Zr7PzBTM
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.Special thanks to @GavinSBaker for the topic suggestion! Follow him for powerful investing and technology insights. For more on Kaizen, use these resources: Atomic Habits by @JamesClear: https://t.co/ByTIYHY1CN Continuous Improvement by @JamesClear: https://t.co/RCi7xxfNE3
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.We run a book club at @wingify and the last book we read was Atomic Habits by @JamesClear. We will publish the best notes to come out from the club. For Atomic Habits, @ishan_goel made really good notes: https://t.co/xsWTU3qOBE
Deficit Myth
Stephanie Kelton
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.@roieki Check this out https://t.co/HiTzMIG6Zw and the book is great
The Charisma Myth
Olivia Fox Cabane
Demonstrates how to improve one's persuasive abilities, sharing tools originally developed for Harvard and MIT to explain the fundamental components of charisma, what it really is, and how it works.@ProductHarsha It's mainly about: - Becoming a clearer thinker - Learning the art of influence Some books: Are Your Lights On? Never Split the Difference The Charisma Myth Games People Play Books on cognitive biases Thread on clear product thinking: https://t.co/o0zQUc3ynL
Remarkable Retail
Steve Dennis
Physical retail isn't dead--but boring retail is! Remarkable Retail equips the savvy retailer with eight essential strategies to bounce back from the covid-19 downturn and thrive in the years to come. Digital technology has profoundly altered the competitive landscape for retailers. Although the shutdown of 2020 didn't cause this trend, it has dramatically accelerated it, collapsing retailers' transformation timeline into a matter of months, not years. In Remarkable Retail, industry thought leader Steve Dennis argues that it's no longer enough merely to offer convenience, decent prices, or an okay shopping experience. Even very good is no longer good enough. To win and keep customers today, retailers must be nothing short of remarkable. In most retail categories, digital channels are now central to the consumer's journey, but that doesn't mean people aren't also shopping in stores; they're just using them differently, often browsing in one channel and buying in the other. The line between digital and physical stores has been virtually erased; The customer is the channel. Retailers who resist this fact are doomed to perish. The future belongs to those who find new ways to create a remarkable, harmonized customer experience at every touchpoint. Although we saw some high-profile retail brands become casualties of the pandemic, it turns out many of those had underlying conditions, while retailers who had already embarked upon the road to remarkable not only survived but actually emerged in better health than before. Packed with illuminating case studies from some of modern retail's biggest success stories, quick pivots and impressive rebounds, Remarkable Retail presents eight essential strategies for visionary leaders who are prepared to reimagine their way of doing business. A remarkable retailer is digitally enabled, human centered, harmonized, mobile, personal, connected, memorable, and radical. In an age where consumers have short attention spans, myriad options, and a digitally integrated relationship with every brand, Remarkable Retail is your crucial roadmap to creating a powerful retail experience that keeps your customers coming back for more.Great book if you’re in retail - by @StevenPDennis https://t.co/aw8jQ9MdkW
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.The Daily Stoic
Ryan Holiday
Why have history's greatest minds embraced the wisdom of the ancient Stoics? Because they realize that the most valuable wisdom is timeless and that philosophy is for living a better life, not a classroom exercise. Holiday and Hanselman off 366 days of Stoic insights and exercises, to help you find the serenity, self-knowledge, and resilience you need to live well.--Worldcat.Capital Allocators
Ted Seides
The chief investment officers (CIOs) at endowments, foundations, family offices, pension funds, and sovereign wealth funds are the leaders in the world of finance. They marshal trillions of dollars on behalf of their institutions and influence how capital flows throughout the world. But these elite investors live outside of the public eye. Across the entire investment industry, few participants understand how these holders of the keys to the kingdom allocate their time and their capital. What’s more, there is no formal training for how to do their work. So how do these influential leaders practice their craft? What skills do they require? What frameworks do they employ? How do they make investment decisions on everything from hiring managers to portfolio construction? For the first time, CAPITAL ALLOCATORS lifts the lid on this opaque corner of the investment landscape. Drawing on interviews from the first 150 episodes of the Capital Allocators podcast, Ted Seides presents the best of the knowledge, practical insights, and advice of the world’s top professional investors. These insights include: - The best practices for interviewing, decision-making, negotiations, leadership, and management. - Investment frameworks across governance, strategy, process, technological innovation, and uncertainty. - The wisest and most impactful quotes from guests on the Capital Allocators podcast. Learn from the likes of the CIOs at the endowments of Princeton and Notre Dame, family offices of Michael Bloomberg and George Soros, pension funds from the State of Florida, CalSTRS, and Canadian CDPQ, sovereign wealth funds of New Zealand and Australia, and many more. CAPITAL ALLOCATORS is the essential new reference manual for current and aspiring CIOs, the money managers that work with them, and everyone allocating a pool of capital.Congrats to @tseides on his new book. It's really good -- the snippets of the smartest things people have said on his podcast is a goldmine. https://t.co/B9OtCBClNK https://t.co/yTF5FT0EnA
Arts and Minds
Anton Howes
"For almost 300 years, an organisation has quietly tried to change almost every aspect of life in Britain. That organisation is the Royal Society for the Encouragement of Arts, Manufactures and Commerce, often known simply as the Royal Society of Arts. It has acted as Britain's private national improvement agency, in every way imaginable - essentially, a society for the improvement of everything and anything. This book is its history. From its beginnings in a coffee house in the mid-eighteenth century, the Society has tried to change Britain's art, industry, laws, music, environment, education, and even culture. It has sometimes even succeeded. It has been a prize-fund for innovations, a platform for Victorian utilitarian reformers, a convenor of disparate interest groups, and the focal point for social movements. There has never been an organisation quite like it, constantly having to reinvent itself to find something new to improve. The book rewrites many of the old official histories of the Society and updates them to the present day, incorporating over half a century of further research into the periods they covered, along with new insights into the organisation's evolution. The book reveals the hidden and often surprising history of how a few public-spirited people tried to make their country better, offering lessons from their triumphs and their failures for all would-be reformers today"--@fortelabs Talk to @antonhowes about how he finished his book!!! (Surprise twists, amazing book)
Just Work
Kim Scott
From Kim Scott, author of the revolutionary New York Times bestseller Radical Candor, comes Just Work: Get Sh*t Done, Fast & Fair—how we can recognize, attack, and eliminate workplace injustice—and transform our careers and organizations in the process. We—all of us—consistently exclude, underestimate, and underutilize huge numbers of people in the workforce even as we include, overestimate, and promote others, often beyond their level of competence. Not only is this immoral and unjust, it's bad for business. Just Work is the solution. Just Work is Kim Scott's new book, revealing a practical framework for both respecting everyone’s individuality and collaborating effectively. This is the essential guide leaders and their employees need to create more just workplaces and establish new norms of collaboration and respect.The new book from @kimballscott is another you shouldn't miss, just like Radical Candor. Get Just Work here: https://t.co/jFjqY5261h
The Hard Thing About Hard Things
Ben Horowitz
Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, offers essential advice on building and running a startup—practical wisdom for managing the toughest problems business school doesn’t cover, based on his popular ben’s blog. While many people talk about how great it is to start a business, very few are honest about how difficult it is to run one. Ben Horowitz analyzes the problems that confront leaders every day, sharing the insights he’s gained developing, managing, selling, buying, investing in, and supervising technology companies. A lifelong rap fanatic, he amplifies business lessons with lyrics from his favorite songs, telling it straight about everything from firing friends to poaching competitors, cultivating and sustaining a CEO mentality to knowing the right time to cash in. Filled with his trademark humor and straight talk, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures, drawing from Horowitz's personal and often humbling experiences.@JoeFernandez @mattmireles Have you read @bhorowitz book? The Hard Thing About Hard Things?
Warren Buffett
Robert G. Hagstrom
In Warren Buffett: Inside the Ultimate Money Mind, Hagstrom breaks new ground with a deep analysis of Buffett’s essential wisdom, an intricate mosaic of wide-ranging ideas and insights that Buffett calls a Money Mind. What exactly is a Money Mind? At one level, it’s a way of thinking about major financial issues such as capital allocation. At another level, it summarizes an overall mindset for successfully investing in today’s fast-paced stock market, a mindset that depends on a commitment to learning, adapting, and facing down irrelevant noise. This is not a method book. It is a thinking book. Warren Buffett: Inside the Ultimate Money Mind explains the philosophies of self-reliance, stoicism, rationalism, and pragmatism and their contributions to making intelligent investment decisions. It also outlines the evolution of value investing, discusses how to develop a business-driven investing mindset, and describes the defining traits of successful active management. Lastly, it examines the surprising aspects of a Money Mind – sportsman, teacher, and artist. In short, Warren Buffett: Inside the Ultimate Money Mind helps readers understand the building blocks that go into making a Money Mind so they can begin to incorporate its principles in the service to a life of value. Testimonials “An erudite masterpiece…” Lawrence A. Cunningham “It’s another must read…” Bethany McLean “Pure Genius. This is a game changer in investment books…” Robert P. Miles “Effervescence and thoughtful analysis of Buffett’s life and work…” Tom Gayner “Hagstrom’s books always enable readers to think about the world in new ways…” Tren Griffin7/ One passage that sticks out in Robert Hagstrom's very new book on Warren Buffett ("Inside the Ultimate Money Mind") is set out below in an attachment. I read Robert Hagstrom's new book in galley format and now am reading it again in hard cover. https://t.co/ybAu5CbZCc https://t.co/jYPjTtRQZW
The Infinite Game
Simon Sinek
Explains how the unending, constantly evolving challenges of business can be better served through an "infinite mindset," sharing inspiring examples of how a shift in perspective can promote stronger, more enduring organizations.I just finished The Infinite Game by @simonsinek. Every founder should read this. I hope more and more companies are started this decade with a built to last mindset. https://t.co/Ch09FiSyvc
Investing
Robert Hagstrom
In this updated second edition, well-known investment author Hagstrom explores basic and fundamental investing concepts in a range of fields outside of economics, including physics, biology, sociology, psychology, philosophy, and literature.@Fritz844 Robert Hagstrom writes about the link between liberal arts/philosophy and investing. https://t.co/f20VCtWG29. https://t.co/NwoMbe9sIp
Trade Like a Stock Market Wizard
Mark Minervini
"Minervini has run circles around most PhDs trying to design systems to beat the market." -- JACK SCHWAGER, bestselling author of Stock Market Wizards "Mark's book has to be on every investor's bookshelf. It is about the most comprehensive work I have ever read on investing in growth stocks." -- DAVID RYAN, three-time U.S. Investing Champion "[Minervini is] one of the most highly respected independent traders of our generation. His experience and past history of savvy market calls is legendary." -- CHARLES KIRK, The Kirk Report "One of Wall Street's most remarkable success stories." -- BEN POWER, Your Trading Edge THE INVESTOR'S GUIDE TO SUPERPERFORMANCE! Dramatically increase your stock market returns with the legendary SEPA system! For the first time ever, U.S. Investing Champion Mark Minervini reveals the proven, time-tested trading system he used to achieve triple-digit returns for five consecutive years, averaging 220% per year for a 33,500% compounded total return. In Trade Like a Stock Market Wizard, Minervini unveils his trademarked stock market method SEPA, which provides outsized returns in virtually every market by combining careful risk management, self-analysis, and perseverance. He explains in detail how to select precise entry points and preserve capital—for consistent triple- digit returns. Whether you're just getting started in the stock market or you're a seasoned pro, Minervini will show how you how to achieve SUPERPERFORMANCE! You'll gain valuable knowledge as he shares lessons, trading truths, and specific tactics--all derived from his 30-year career as one of America's most successful stock traders. Trade Like a Stock Market Wizard teaches you: How to find the best stocks before they make big price gains How to avoid costly mistakes made by most investors How to manage losses and protect profits How to avoid high-risk situations Precisely when to buy and when to sell How to buy an IPO Why traditional valuation doesn't work for fast-growing Superperformers Examples of Minervini's personal trades with his comments With more than 160 chart examples and numerous case studies proving the remarkable effectiveness of Minervini's methodology, Trade Like a Stock Market Wizard puts in your hands one of the most effective and--until now--secretive stock investing systems in the world. MARK MINERVINI has a trademarked stock market method that produces outsized returns in virtually every market. It's called Specific Entry Point Analysis--SEPA--and it has been proven effective for selecting precise entry points, preserving capital and profi ts with even more precise exit points--and consistently producing triple-digit returns. Now, in Trade Like a Stock Market Wizard, Minervini shares--for the fi rst time ever--his coveted methodology with investors like you!@tigervalue @markminervini Mark is a world-class trader. His books are fantastic and to my knowledge, he has avoided all major market declines.
Working Backwards
Colin Bryar
'Essential for any leader in any industry' Kim Scott, bestselling author of Radical Candor In 2018 Amazon became the world’s second trillion dollar company after Apple: a remarkable success story for a company launched out of a garage in 1994. How did they achieve this? And how can others learn from this extraordinary success and replicate it? Colin started at Amazon in 1998; Bill joined in 1999. Their time at Amazon covered a period of unmatched innovation that brought products and services including Kindle, Amazon Prime, Amazon Echo and Alexa, and Amazon Web Services to life. Through the story of these innovations they reveal and codify the principles and practices that have driven the success of one of the most extraordinary companies the world has ever known, from the famous 14-leadership principles, the bar raiser hiring process, and Amazon’s founding characteristics: customer obsession, long-term thinking, eagerness to invent, and operational excellence. Through their wealth of experience they offer unprecedented access to the Amazon way as it was refined, articulated, and proven to be repeatable, scalable, and adaptable. Working Backwards shows how success is not achieved by the genius of any single leader, but rather through commitment to and execution of a set of well-defined, rigorously-executed principles and practices that you can apply at your own company, no matter the size.Working Backwards is the best book I have read in a long time https://t.co/1Y7uYn1EYi
Ask Your Developer
Jeff Lawson
Jeff Lawson, software developer turned CEO of Twilio, shares a new approach for winning in the digital era: unleash the creativity and productivity of the 25 million most important workers in the digital economy, software developers. From banking and retail to insurance and finance, every industry is turning digital, and every company needs the best software to win the hearts and minds of customers. The landscape has shifted from the classic build vs. buy question, to one of build vs. die. Companies have to get this right to survive. But how do they make this transition? Software developers are sought after, highly paid, and desperately needed to compete in the modern, digital economy. Yet most companies treat them like digital factory workers without really understanding what software developers are able to contribute. Lawson argues that developers are the creative workforce who can solve major business problems and create hit products for customers--not just grind through rote tasks. Lawson talks to executives, developers at startups, and founders who code to learn how forward-thinking companies embrace this approach. From Google and Amazon, to one-person online software companies--companies that bring software developers in as partners are winning. Adopting the Ask Your Developer mindset enables companies to take advantage of an underutilized asset, unleash tremendous untapped creativity and brainpower inside their software teams, recruit and retain the best talent, and integrate developers into everyday decisions. For developers, this mindset can help you show up and be viewed as a full, talented, creative professional - not a code monkey. How to compete in the digital economy? In short: Ask Your Developer.Read @jeffiel's book "Ask Your Developer" for the second time. Such an insightful read. Bezos inspired founders to build an organization around "customer obsession" Jeff Lawson will have inspired an entire generation of founders to focus on "developer obsession"
Troublemakers
Leslie Berlin
A narrative history of the Silicon Valley generation that launched five major high-tech industries in seven years details the specific contributions of seven technical pioneers and how they established the foundation for today's tech-driven world.Book 3 Lesson: Set the goal, hire the right technical people, and then step in only when necessary. https://t.co/ueyr8Zhb6D
The Origin of Wealth
Eric D. Beinhocker
What is wealth?How is it created? And how can we create more of it for the benefit of individuals, businesses, and societies?In The Origin of Wealth,Eric Beinhocker provides provocative new answers to these fundamental questions. Beinhocker surveys the cutting-edge ideas of economists and scientists and brings their work alive for a broad audience. These researchers, he explains, are revolutionizing economics by showing how the economy is an evolutionary system, much like a biological system. It is economic evolution that creates wealth and has taken us from the Stone Age to the $36.5 trillion global economy of today. By better understanding economic evolution, Beinhocker writes, we can better understand how to create more wealth. The author shows how “complexity economics” is turning conventional wisdom on its head in areas ranging from business strategy and organizational design to investment strategy and public policy. As sweeping in scope as its title,The Origin of Wealthwill rewire our thinking about the workings of the global economy and where it is going.@hillsteps I forgot one of the most important ones, the Origin of Wealth.
The Sovereign Individual
James Dale Davidson
The authors identify both the likely disasters and the potential for prosperity inherent in the advent of the information age.THE SOVEREIGN INDIVIDUAL; I read this book 3 years ago, and its shaped my current and future decisions immensely These are 8 lessons and applications to today world that are most relevant https://t.co/or8yCRXjqj
Profit from Possibilities
Adrian Kennedy
Profit From Possibilities: A Look At The World In 2050, is an essential guide that takes a look at the massive technological, social and economic changes that are currently occurring and will occur. This in-depth analysis is explained in easy to understand language and concepts with the goal of profiting from the opportunities that may arise.Those of you SERIOUS about being ahead of the changing curve, read this book https://t.co/xXmFZ445kp
Devil Take the Hindmost
Edward Chancellor
Examines stock market speculation since the seventeenth century, discussing the range of motivations of investors and the effects on economies throughout history.@balajide I have yet to find one. But Devil Takes the Hindmost has a good chapter on it
The 4-Hour Workweek
Timothy Ferriss
Books about leverage, even if they don't mention leverage: Four Hour Work Week, @tferriss: https://t.co/3pHLKAOuwT Million-dollar, One-Person Business, @ElainePofeldt: https://t.co/zeiAJCVhmV Principles, @RayDalio: https://t.co/QbNVSynNih Company of one: https://t.co/aAQtI50VRh
Principles
Ray Dalio
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.Books about leverage, even if they don't mention leverage: Four Hour Work Week, @tferriss: https://t.co/3pHLKAOuwT Million-dollar, One-Person Business, @ElainePofeldt: https://t.co/zeiAJCVhmV Principles, @RayDalio: https://t.co/QbNVSynNih Company of one: https://t.co/aAQtI50VRh
Ask Your Developer
Jeff Lawson
Caught doing some relaxed, socially distant, evening reading. Finishing @jeffiel's "Ask Your Developer", which I highly recommend (https://t.co/lg4HP63zhT), before moving on to "Working Backwards" by former Amazon colleagues @cbryar & @BillCarr89 (https://t.co/h6yuAHtlNf) https://t.co/N32qv4XXJH
Common Stocks and Uncommon Profits and Other Writings
Philip A. Fisher
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction "I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments." —Warren Buffet@YogiTrader11 Not planning to write any book but can recommend "Common stocks and uncommon profits" by Phil Fisher
Unknown Market Wizards
Jack D. Schwager
The Market Wizards are back! Unknown Market Wizards continues in the three-decade tradition of the hugely popular Market Wizards series, interviewing exceptionally successful traders to learn how they achieved their extraordinary performance results. The twist in Unknown Market Wizards is that the featured traders are individuals trading their own accounts. They are unknown to the investment world. Despite their anonymity, these traders have achieved performance records that rival, if not surpass, the best professional managers. Some of the stories include: - A trader who turned an initial account of $2,500 into $50 million. - A trader who achieved an average annual return of 337% over a 13-year period. - A trader who made tens of millions using a unique approach that employed neither fundamental nor technical analysis. - A former advertising executive who used classical chart analysis to achieve a 58% average annual return over a 27-year trading span. - A promising junior tennis player in the UK who abandoned his quest for a professional sporting career for trading and generated a nine-year track record with an average annual return just under 300%. World-renowned author and trading expert Jack D. Schwager is our guide. His trademark knowledgeable and sensitive interview style encourages the Wizards to reveal the fascinating details of their training, experience, tactics, strategies, and their best and worst trades. There are dashes of humour and revelations about the human side of trading throughout. The result is an engrossing new collection of trading wisdom, brimming with insights that can help all traders improve their outcomes.Enjoyed reading Jack Schwager's latest work. #PriceAction https://t.co/Rozu5B1OVg
The Four Steps to the Epiphany
Steve Blank
The bestselling classic that launched 10,000 startups and new corporate ventures - The Four Steps to the Epiphany is one of the most influential and practical business books of all time. The Four Steps to the Epiphany launched the Lean Startup approach to new ventures. It was the first book to offer that startups are not smaller versions of large companies and that new ventures are different than existing ones. Startups search for business models while existing companies execute them. The book offers the practical and proven four-step Customer Development process for search and offers insight into what makes some startups successful and leaves others selling off their furniture. Rather than blindly execute a plan, The Four Steps helps uncover flaws in product and business plans and correct them before they become costly. Rapid iteration, customer feedback, testing your assumptions are all explained in this book. Packed with concrete examples of what to do, how to do it and when to do it, the book will leave you with new skills to organize sales, marketing and your business for success. If your organization is starting a new venture, and you're thinking how to successfully organize sales, marketing and business development you need The Four Steps to the Epiphany. Essential reading for anyone starting something new.I heard @toddmckinnon speak last week. He talked about how important customer development was to @okta in the early days. He recommended @sgblank’s original book. I highly recommend this book for founders and early startup teams. https://t.co/iEhrRrVd9U
Ask Your Developer
Jeff Lawson
Jeff Lawson, software developer turned CEO of Twilio, shares a new approach for winning in the digital era: unleash the creativity and productivity of the 25 million most important workers in the digital economy, software developers. From banking and retail to insurance and finance, every industry is turning digital, and every company needs the best software to win the hearts and minds of customers. The landscape has shifted from the classic build vs. buy question, to one of build vs. die. Companies have to get this right to survive. But how do they make this transition? Software developers are sought after, highly paid, and desperately needed to compete in the modern, digital economy. Yet most companies treat them like digital factory workers without really understanding what software developers are able to contribute. Lawson argues that developers are the creative workforce who can solve major business problems and create hit products for customers--not just grind through rote tasks. Lawson talks to executives, developers at startups, and founders who code to learn how forward-thinking companies embrace this approach. From Google and Amazon, to one-person online software companies--companies that bring software developers in as partners are winning. Adopting the Ask Your Developer mindset enables companies to take advantage of an underutilized asset, unleash tremendous untapped creativity and brainpower inside their software teams, recruit and retain the best talent, and integrate developers into everyday decisions. For developers, this mindset can help you show up and be viewed as a full, talented, creative professional - not a code monkey. How to compete in the digital economy? In short: Ask Your Developer.Thanks @twilio CEO @jeffiel for the 💬 about Ask Your Developer Order now https://t.co/NYG0Ydeoc6 https://t.co/u6aFyj9E2e
How Not to Be Wrong
Jordan Ellenberg
"Using the mathematician's method of analyzing life and exposing the hard-won insights of the academic community to the layman, minus the jargon ... Ellenberg pulls from history as well as from the latest theoretical developments to provide those not trained in math with the knowledge they need"--A beautiful #book. Mathematics is not a subject, but rather a way of thinking. This book is an interesting tour of how mathematics can help you think clearly and know for sure what you should be uncertain about Somewhat focused on US (politics, culture), but I recommend it. https://t.co/MGoigYZHga
Ask Your Developer
Jeff Lawson
Jeff Lawson, software developer turned CEO of Twilio, shares a new approach for winning in the digital era: unleash the creativity and productivity of the 25 million most important workers in the digital economy, software developers. From banking and retail to insurance and finance, every industry is turning digital, and every company needs the best software to win the hearts and minds of customers. The landscape has shifted from the classic build vs. buy question, to one of build vs. die. Companies have to get this right to survive. But how do they make this transition? Software developers are sought after, highly paid, and desperately needed to compete in the modern, digital economy. Yet most companies treat them like digital factory workers without really understanding what software developers are able to contribute. Lawson argues that developers are the creative workforce who can solve major business problems and create hit products for customers--not just grind through rote tasks. Lawson talks to executives, developers at startups, and founders who code to learn how forward-thinking companies embrace this approach. From Google and Amazon, to one-person online software companies--companies that bring software developers in as partners are winning. Adopting the Ask Your Developer mindset enables companies to take advantage of an underutilized asset, unleash tremendous untapped creativity and brainpower inside their software teams, recruit and retain the best talent, and integrate developers into everyday decisions. For developers, this mindset can help you show up and be viewed as a full, talented, creative professional - not a code monkey. How to compete in the digital economy? In short: Ask Your Developer.This is an excellent book by @jeffiel. Highly recommend 💯 and a brilliant title. https://t.co/W2AlH2f5kg
EBoys
Randall E. Stross
Looking carefully at these "icons" of the 1990s, the author uses his unprecedented access to the venture capitalists behind Benchmark to reveal the surprising world behind the ultimate investment gamble.@RevaSeth @tommycollison @SethGRosenberg https://t.co/wALYHp13Xi is pretty good
How to Change
Katy Milkman
Award-winning Wharton Professor and Choiceology podcast host Katy Milkman has devoted her career to the study of behavior change. In this ground-breaking book, Milkman reveals a proven path that can take you from where you are to where you want to be, with a foreword from psychologist Angela Duckworth, the best-selling author of Grit. Set audacious goals. Foster good habits. Create social support. You've surely heard this advice before. If you've ever tried to change or encourage it -- to boost exercise or healthy eating, to prevent missed deadlines or kick-start savings -- then you know there are thousands of apps, books, and YouTube videos promising to help and offering sound guidance. And yet, you're still not where you want to be. This trailblazing book from award-winning behavioral scientist and Wharton Professor Katy Milkman explains why. In a career devoted to uncovering what helps people change, Milkman has discovered a crucial thing many of us get wrong: our strategy. Change, she's learned, comes most readily when you understand what's standing between you and success and tailor your solution to that roadblock. If you want to work out more but find exercise difficult and boring, downloading a goal-setting app probably won't help. But what if, instead, you transformed your workouts so they became a source of pleasure instead of a chore? Turning an uphill battle into a downhill one is the key to success. Drawing on Milkman's original research and the work of her dozens of world-renowned scientific collaborators, How to Change shares an innovative new approach that will help you change or encourage change in others. Through case studies, engaging stories, and examples from cutting-edge research, this book illustrates how to identify and overcome the barriers that regularly stand in the way of change. How to Change will teach you: * Why timing can be everything when it comes to making a change * How to turn temptation and inertia into assets that can help you conquer your goals * That giving advice, even if it's about something you're struggling with, can help you achieve more Whether you're a manager, coach, or teacher aiming to help others change for the better or are struggling to kick-start change yourself, How to Change offers an invaluable, science-based blueprint for achieving your goals, once and for all..@Katy_Milkman wrote an amazing book. Everyone should preorder _How to Change_ now! Incredible book on habit change and attaining your goals. https://t.co/oWGh8ftzoE
Ask Your Developer
Jeff Lawson
Jeff Lawson, software developer turned CEO of Twilio, shares a new approach for winning in the digital era: unleash the creativity and productivity of the 25 million most important workers in the digital economy, software developers. From banking and retail to insurance and finance, every industry is turning digital, and every company needs the best software to win the hearts and minds of customers. The landscape has shifted from the classic build vs. buy question, to one of build vs. die. Companies have to get this right to survive. But how do they make this transition? Software developers are sought after, highly paid, and desperately needed to compete in the modern, digital economy. Yet most companies treat them like digital factory workers without really understanding what software developers are able to contribute. Lawson argues that developers are the creative workforce who can solve major business problems and create hit products for customers--not just grind through rote tasks. Lawson talks to executives, developers at startups, and founders who code to learn how forward-thinking companies embrace this approach. From Google and Amazon, to one-person online software companies--companies that bring software developers in as partners are winning. Adopting the Ask Your Developer mindset enables companies to take advantage of an underutilized asset, unleash tremendous untapped creativity and brainpower inside their software teams, recruit and retain the best talent, and integrate developers into everyday decisions. For developers, this mindset can help you show up and be viewed as a full, talented, creative professional - not a code monkey. How to compete in the digital economy? In short: Ask Your Developer.📚 NEW BOOK ALERT @twilio CEO @jeffiel is super smart and his book on the Developer Economy is available NOW https://t.co/RXNqSYXUwu
One Up
Joost van Dreunen
What explains the massive worldwide success of video games such as Fortnite, Minecraft, and Pokémon Go? Game companies look unconventional--and are often ignored--from the standpoint of traditional business strategy. Yet they have thrived in the face of digitalization, generating billions in revenue through business models such as offering content for free in order to build market share and draw in customers. One Up offers a pioneering empirical analysis of innovation and strategy in the video games industry to explain how it has gone from the fringe to the mainstream. Drawing on almost twenty years of practical and academic experience in the interactive entertainment field, Joost van Dreunen analyzes how business model innovation has made the video game industry what it is today. Covering more than three decades of industry data, he demonstrates that video game companies flourish when they bring the same level of creativity to business strategy as they do to game design. Filled with case studies of companies such as Activision Blizzard, Apple, Electronic Arts, Epic Games, Microsoft, Nexon, Sony, Take-Two Interactive, Tencent, and Valve, this book reveals how the emergence of digital and mobile gaming can make us rethink traditional product-based strategies. One Up is required reading for investors, strategic decision makers, creatives, and anyone looking to learn about the major drivers of change and growth in contemporary entertainment.3/ As I learned in @joosterizer book One Up, their early physical retail edge rested on counterpositioning: doing things Walmart and others couldn't: 1. Accessibility 2. Deeply trained expert staff 3. Tailored loyalty program 4. Custom inventory management for used game sales
Why Save the Bankers?
Thomas Piketty
Incisive commentary on the financial meltdown and its aftermath, from one of the world's leading economistsFirst book of 2020. A bit of a time capsule. The message of “hey we *really* need progressive taxation” ringing through after the pandemic profiteering of 2020. https://t.co/k4fVHhrNUY
Expectations Investing
Alfred Rappaport
Expectations Investing is well worth picking up. -Financial Executive Expectations Investing offers a fundamentally new alternative for identifying value-price gaps, built around a deceptively simple and obvious tool: a company's stock price. The authors walk readers step-by-step through their breakthrough method, revealing how portfolio managers, security analysts, investment advisors, and individual investors can more accurately evaluate established and "new economy" stocks alike-and translate shareholder value from theory to reality. AUTHORBIO: Alfred Rappaport directs Shareholder Value Research for L.E.K. Consulting and is a Professor Emeritus at Northwestern's Kellogg School. Michael J. Mauboussin is Credit Suisse First Boston's Chief U.S. Investment Strategist and an adjunct professor at Columbia University.I use a multiple in evaluating a business exactly never. I do have a tech circle of competence. I watch the cycle and calibrate when doing asset allocation. My cash right now is historically high. My investing approach like Munger's is expected value. https://t.co/TEMDQTaoCo https://t.co/IEKWhgq0Ph
Post Corona
Scott Galloway
@profgalloway I just finished this. Great concise book to listen to as an audiobook. Thanks Scott.
The Intuitive Investor
Jason Apollo Voss
"Successful Wall Street fund manager retired at age 35 guides investors to use intuitive and creative right-brained processes to complement traditional left-brain financial analysis. Author describes his principles based on spiritual insights and provides professional anecdotes to support his theories"--Provided by publisher.Enjoyed studying the insightful book by Saurabh Mukherjea and @b50, as well as Jason Voss' book which both the authors recommended in The Victory Project. Good learnings. https://t.co/Y4rHoVNR8B
The Bitcoin Standard
Saifedean Ammous
When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally-accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. While Bitcoin is a new invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse. With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin’s real competitive edge might just be as a store of value and network for final settlement of large payments—a digital form of gold with a built-in settlement infrastructure. Ammous’ firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders. The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knock-offs, and the many supposed applications of Bitcoin’s ‘blockchain technology’? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet’s decentralized, apolitical, free-market alternative to national central banks.@shanenigans__ @saifedean Great book.
Peopleware
Tom DeMarco
Most software project problems are sociological, not technological. Peopleware is a book on managing software projects.5 book recos for Eng Mgrs & Tech Leads (from a Product Mgr's perspective) 1) Peopleware for managing people & projects 2) Super Thinking for frameworks 3) What Got You Here Won't Get You There for adapting 4) Are Your Lights On? for problem solving 5) 7 Powers for strategy https://t.co/vV4P5BKjso
Are Your Lights On?
Donald C. Gause
A Practical Guide for Everyone Involved in Product and Systems Development The fledgling problem solver invariably rushes in with solutions before taking time to define the problem being solved. Even experienced solvers, when subjected to social pressure, yield to this demand for haste. When they do, many solutions are found, but not necessarily to the problem at hand. Whether you are a novice or a veteran, this powerful little book will make you a more effective problem solver. Anyone involved in product and systems development will appreciate this practical illustrated guide, which was first published in 1982 and has since become a cult classic. Offering such insights as "A problem is a difference between things as desired and things as perceived, " and "In spite of appearances, people seldom know what they want until you give them what they ask for, " authors Don Gause and Jerry Weinberg provide an entertaining look at ways to improve one's thinking power. The book playfully instructs the reader first to identify the problem, second to determine the problem's owner, third to identify where the problem came from, and fourth to determine whether or not to solve it. Delightfully illustrated with 55 line drawings, the book conveys a message that will change the way you think about projects and problems.5 book recos for Eng Mgrs & Tech Leads (from a Product Mgr's perspective) 1) Peopleware for managing people & projects 2) Super Thinking for frameworks 3) What Got You Here Won't Get You There for adapting 4) Are Your Lights On? for problem solving 5) 7 Powers for strategy https://t.co/vV4P5BKjso
Monetizing Innovation
Madhavan Ramanujam
"The book explains how most companies get sidetracked by Product-Driven Thinking and how to innovate by starting with the price customers will pay, and creating the product for that price. It will present a process that Simon-Kucher & Partners has used to help dozens of others avoid innovation failure by making pricing and marketing their guiding light throughout the product development process"--Finished reading this #book. Consider it as the “Lean Startup” equivalent for scaled up companies. Very practical, hands on guide to process of innovating that prioritise discovering willingness to pay for a product before building anything. https://t.co/dc0hxeVsgF
Principles
Ray Dalio
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.Dec 2020 book recos for product people 1. Creativity 2. Principles 3. Deep Work 4. The Secrets of Consulting https://t.co/pCK84wKpEk
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.Some more thoughts/resources👇🏾 I first started thinking about this topic after listening to The Hard Thing About Hard Things. In it, @bhorowitz talks about how it's hard to manage executives because they are super-savvy. Generic mgmt advice doesn't work. https://t.co/en95S2oVHE
The Manager's Path
Camille Fournier
Managing people is difficult wherever you work. But in the tech industry, where management is also a technical discipline, the learning curve can be brutal--especially when there are few tools, texts, and frameworks to help you. In this practical guide, author Camille Fournier (tech lead turned CTO) takes you through each stage in the journey from engineer to technical manager. From mentoring interns to working with senior staff, you'll get actionable advice for approaching various obstacles in your path. This book is ideal whether you're a new manager, a mentor, or a more experienced leader looking for fresh advice. Pick up this book and learn how to become a better manager and leader in your organization. Begin by exploring what you expect from a manager Understand what it takes to be a good mentor, and a good tech lead Learn how to manage individual members while remaining focused on the entire team Understand how to manage yourself and avoid common pitfalls that challenge many leaders Manage multiple teams and learn how to manage managers Learn how to build and bootstrap a unifying culture in teamsBig ups to @skamille whose book THE MANAGER’S PATH, though targeted to engineering leaders, is super relevant to design leaders and managers. https://t.co/Jlcc0l575w I’m finding all kinds of gems in there.
The Hype Machine
Sinan Aral
"Social media connected the world--and gave rise to fake news and increasing polarization. Now a leading researcher at MIT draws on 20 years of research to show how these trends threaten our political, economic, and emotional health in this eye-opening exploration of the dark side of technological progress. Today we have the ability, unprecedented in human history, to amplify our interactions with each other through social media. It is paramount, MIT social media expert Sinan Aral says, that we recognize the outsized impact social media has on our culture, our democracy, and our lives in order to steer today's social technology toward good, while avoiding the ways it can pull us apart. Otherwise, we could fall victim to what Aral calls "The Hype Machine." As a senior researcher of the longest-running study of fake news ever conducted, Aral found that lies spread online farther and faster than the truth--a harrowing conclusion that was featured on the cover of Science magazine. Among the questions Aral explores following twenty years of field research: Did Russian interference change the 2016 election? And how is it affecting the vote in 2020? Why does fake news travel faster than the truth online? How do social ratings and automated sharing determine which products succeed and fail? How does social media affect our kids? First, Aral links alarming data and statistics to three accelerating social media shifts: hyper-socialization, personalized mass persuasion, and the tyranny of trends. Next, he grapples with the consequences of the Hype Machine for elections, businesses, dating, and health. Finally, he maps out strategies for navigating the Hype Machine, offering his singular guidance for managing social media to fulfill its promise going forward. Rarely has a book so directly wrestled with the secret forces that drive the news cycle every day"--The 8 Best Books About Artificial Intelligence to Read Now https://t.co/LZPsFOVvpn #ai #artificialintelligence #machinelearning #deeplearning #books https://t.co/zgiofRtm5U
Voices from the Valley
Ben Tarnoff
From FSGO x Logic: anonymous interviews with tech workers at all levels, providing a bird's-eye view of the industry In Voices from the Valley, the celebrated writers and Logic cofounders Moira Weigel and Ben Tarnoff take an unprecedented dive into the tech industry, conducting unfiltered, in-depth, anonymous interviews with tech workers at all levels, including a data scientist, a start-up founder, a cook who serves their lunch, and a PR wizard. In the process, Weigel and Tarnoff open the conversation about the tech industry at large, a conversation that has previously been dominated by the voices of CEOs. Deeply illuminating, revealing, and at times lurid, Voices from the Valley is a vital and comprehensive view of an industry that governs our lives. FSG Originals × Logic dissects the way technology functions in everyday lives. The titans of Silicon Valley, for all their utopian imaginings, never really had our best interests at heart: recent threats to democracy, truth, privacy, and safety, as a result of tech’s reckless pursuit of progress, have shown as much. We present an alternate story, one that delights in capturing technology in all its contradictions and innovation, across borders and socioeconomic divisions, from history through the future, beyond platitudes and PR hype, and past doom and gloom. Our collaboration features four brief but provocative forays into the tech industry’s many worlds, and aspires to incite fresh conversations about technology focused on nuanced and accessible explorations of the emerging tools that reorganize and redefine life today.The 8 Best Books About Artificial Intelligence to Read Now https://t.co/LZPsFOVvpn #ai #artificialintelligence #machinelearning #deeplearning #books https://t.co/zgiofRtm5U
New Laws of Robotics
Frank Pasquale
Artificial intelligence threatens to disrupt the professions as it has manufacturing. Frank Pasquale argues that law and policy can avert this outcome and promote better ones: instead of replacing humans, technology can make our labor more valuable. Through regulation, we can ensure that AI promotes inclusive prosperity.The 8 Best Books About Artificial Intelligence to Read Now https://t.co/LZPsFOVvpn #ai #artificialintelligence #machinelearning #deeplearning #books https://t.co/zgiofRtm5U
Billion Dollar Whale
Bradley Hope
Named a Best Book of 2018 by the Financial Times and Fortune, this New York Times bestseller about the 1MDB scandal exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, BILLION DOLLAR WHALE is "an epic tale of white-collar crime on a global scale" (Publishers Weekly, starred review), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. BILLION DOLLAR WHALE has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.@PeterKimFrank If you want to stray a little from only "tech unicorns" I think all these books fit the genre. - The Smartest Guys in the Room - American Kingpin - Billion Dollar Whale - Black Edge - Too Big to Fail
Expectations Investing
Alfred Rappaport
Expectations Investing is well worth picking up. -Financial Executive Expectations Investing offers a fundamentally new alternative for identifying value-price gaps, built around a deceptively simple and obvious tool: a company's stock price. The authors walk readers step-by-step through their breakthrough method, revealing how portfolio managers, security analysts, investment advisors, and individual investors can more accurately evaluate established and "new economy" stocks alike-and translate shareholder value from theory to reality. AUTHORBIO: Alfred Rappaport directs Shareholder Value Research for L.E.K. Consulting and is a Professor Emeritus at Northwestern's Kellogg School. Michael J. Mauboussin is Credit Suisse First Boston's Chief U.S. Investment Strategist and an adjunct professor at Columbia University.@patrickbrun https://t.co/YwkGRETliB
The Dao of Capital
Mark Spitznagel
Combing ancient Daoist philosophy with old school Austrian economics, this timely resource presents a singular approach to investing that illuminates the market's natural homeostatic processes.@patrick_oshag This book is the Bible of investing to me. Re-read it constantly. Biggest takeaways weren’t actionable. Instead mental shift to asymmetric payoffs w/ drastically reduced time preference. Austrian investing runs counter to traditional finance & track record speaks for itself IMO
The Innovator's Dilemma
Clayton M. Christensen
The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller--one of the most influential business books of all time--innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right--yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative--and consistently noted as one of the most valuable business ideas of all time--The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.7/n innovators dilemma - just read the book. Worth twice!
American Colossus
H. W. Brands
From bestselling historian H. W. Brands, a sweeping chronicle of how a few wealthy businessmen reshaped America from a land of small farmers and small businessmen into an industrial giant.Book 39 Lesson: Distributing ownership tends to evaporate the labor-capital distinction https://t.co/IuF9ToGh2L
The Infinite Game
Simon Sinek
Explains how the unending, constantly evolving challenges of business can be better served through an "infinite mindset," sharing inspiring examples of how a shift in perspective can promote stronger, more enduring organizations.Excellent book - The Infinite Game. Thank you for the tip @callmevlad https://t.co/8bD8I3YCwn
Post Corona
Scott Galloway
From bestselling author and NYU Business School professor Scott Galloway comes a keenly insightful, urgent analysis of who stands to win and who's at risk to lose in a post-pandemic world The COVID-19 outbreak has turned bedrooms into offices, pitted young against old, and widened the gaps between rich and poor, red and blue, the mask wearers and the mask haters. Some businesses--like home exercise company Peloton, video conference software maker Zoom, and Amazon--woke up to find themselves crushed under an avalanche of consumer demand. Others--like the restaurant, travel, hospitality, and live entertainment industries--scrambled to escape obliteration. But as New York Times bestselling author Scott Galloway argues, the pandemic has not been a change agent so much as an accelerant of trends already well underway. In Post Corona, he outlines the contours of the crisis and the opportunities that lie ahead. Some businesses, like the powerful tech monopolies, will thrive as a result of the disruption. Other industries, like higher education, will struggle to maintain a value proposition that no longer makes sense when we can't stand shoulder to shoulder. And the pandemic has accelerated deeper trends in government and society, exposing a widening gap between our vision of America as a land of opportunity, and the troubling realities of our declining wellbeing. Combining his signature humor and brash style with sharp business insights and the occasional dose of righteous anger, Galloway offers both warning and hope in equal measure. As he writes, "Our commonwealth didn't just happen, it was shaped. We chose this path--no trend is permanent and can't be made worse or corrected."My third book is out — already my favorite child. Audiobook read by yours truly. Get your copy 👉 https://t.co/eS7W2NMDOX #PostCorona https://t.co/JIJlGb0iOJ
23 Things They Don't Tell You About Capitalism
Ha-Joon Chang
Challenges popular misconceptions while making startling revelations about free-market practices, explaining the author's views on global capitalism dynamics while making recommendations for reshaping capitalism to humane ends.You should all definitely read this book. https://t.co/B7kJSfyj2D
Teaming
Amy C. Edmondson
The next level of breakthrough thinking in organizational learning, leadership, and change Harvard professor Amy Edmondson shows how leaders can make organizational learning happen by building teams that learn. Based on years of research and case studies from Verizon, Bank of America, and Children’s Hospital, Edmondson outlines the factors that typically prevent groups from learning, such as the fear of failure, groupthink, power structures, and information hording. She shows how leaders can control these factors by encouraging reflection, creating psychological safety, and overcoming defensive routines that inhibit the sharing of ideas, among others. Leaders can use practical management strategies to help organizations realize the benefits inherent in both success and failure.@katerutter @odannyboy TEAMING, Edmondson ARCHITECTURAL INTELLIGENCE, Steenson
How I Invest My Money
Joshua Brown
The world of investing normally sees experts telling us the 'right' way to manage our money. How often do these experts pull back the curtain and tell us how they invest their own money? Never. How I Invest My Money changes that. In this unprecedented collection, 25 financial experts share how they navigate markets with their own capital. In this honest rendering of how they invest, save, spend, give, and borrow, this group of portfolio managers, financial advisors, venture capitalists and other experts detail the 'how' and the 'why' of their investments. They share stories about their childhood, their families, the struggles they face and the aspirations they hold. Sometimes raw, always revealing, these stories detail the indelible relationship between our money and our values. Taken as a whole, these essays powerfully demonstrate that there is no single 'right' way to save, spend, and invest. We see a kaleidoscope of perspectives on stocks, bonds, real assets, funds, charity, and other means of achieving the life one desires. With engaging illustrations throughout by Carl Richards, How I Invest My Money inspires readers to think creatively about their financial decisions and how money figures in the broader quest for a contented life. With contributions from: Morgan Housel, Christine Benz, Brian Portnoy, Joshua Brown, Bob Seawright, Carolyn McClanahan, Tyrone Ross, Dasarte Yarnway, Nina O'Neal, Debbie Freeman, Shirl Penney, Ted Seides, Ashby Daniels, Blair duQuesnay, Leighann Miko, Perth Tolle, Josh Rogers, Jenny Harrington, Mike Underhill, Dan Egan, Howard Lindzon, Ryan Krueger, Lazetta Rainey Braxton, Rita Cheng, Alex ChalekianHow I Invest My Money: Finance experts reveal how they save, spend, and invest. This was a cool project and I was glad to be a part of it. Congrats @ReformedBroker and @brianportnoy, this turned out great. https://t.co/O2FRI15x6k
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.This is one of my absolute favorite books - grab it while it's on sale! https://t.co/K7UP1kQT0j
More Than You Know
Michael Mauboussin
Since its first publication, Michael J. Mauboussin's popular guide to wise investing has been translated into eight languages and has been named best business book by BusinessWeek and best economics book by Strategy+Business. Now updated to reflect current research and expanded to include new chapters on investment philosophy, psychology, and strategy and science as they pertain to money management, this volume is more than ever the best chance to know more than the average investor. Offering invaluable tools to better understand the concepts of choice and risk, More Than You Know is a unique blend of practical advice and sound theory, sampling from a wide variety of sources and disciplines. Mauboussin builds on the ideas of visionaries, including Warren Buffett and E. O. Wilson, but also finds wisdom in a broad and deep range of fields, such as casino gambling, horse racing, psychology, and evolutionary biology. He analyzes the strategies of poker experts David Sklansky and Puggy Pearson and pinpoints parallels between mate selection in guppies and stock market booms. For this edition, Mauboussin includes fresh thoughts on human cognition, management assessment, game theory, the role of intuition, and the mechanisms driving the market's mood swings, and explains what these topics tell us about smart investing. More Than You Know is written with the professional investor in mind but extends far beyond the world of economics and finance. Mauboussin groups his essays into four parts-Investment Philosophy, Psychology of Investing, Innovation and Competitive Strategy, and Science and Complexity Theory-and he includes substantial references for further reading. A true eye-opener, More Than You Know shows how a multidisciplinary approach that pays close attention to process and the psychology of decision making offers the best chance for long-term financial results.On Covid, please remember: “A margin of safety is available for absorbing the effect of miscalculations or worse than average luck." “A lesson inherent in any probabilistic exercise: the frequency of correctness doesn't matter; it's magnitude of correctness that matters.” MM https://t.co/rXhwVOnMFy
Whatever You Think, Think the Opposite
Paul Arden
Gives advice for how to achieve success, advocating risk-taking and entrepreneurial thinking by presenting examples of people who made unique decisions that paid off.@jasonfesta Good book
The Big Picture
Ben Fritz
The stunning metamorphosis of twenty-first-century Hollywood and what lies ahead for the art and commerce of film@justinisreal @lhamtil Good book about how the business side of the movie industry has changed
The Long Good Buy
Peter C. Oppenheimer
PRAISE FOR THE LONG GOOD BUY: "Oppenheimer offers brilliant insights, sage advice and entertaining anecdotes. Anyone wishing to understand how financial markets behave – and misbehave – should read this book now." Stephen D. King, economist and author of Grave New World: The End of Globalisation, the Return of History "Peter has always been one of the masters of dissecting financial markets performance into an understandable narrative, and in this book, he pulls together much of his great thinking and style from his career, and it should be useful for anyone trying to understand what drives markets, especially equities." Lord Jim O'Neill, Chair, Chatham House "A deeply insightful analysis of market cycles and their drivers that really does add to our practical understanding of what moves markets and long-term investment returns." Keith Skeoch, CEO, Standard Life Aberdeen "This book eloquently blends the author's vast experience with behavioural finance insights to document and understand financial booms and busts. The book should be basic reading for any student of finance." Elias Papaioannou, Professor of Economics, London Business School "This is an excellent book, capturing the insights of a leading market practitioner within the structured analytical framework he has developed over many years. It offers a lively and unique perspective on how markets work and where they are headed." Huw Pill, Senior Lecturer, Harvard Business School "The Long Good Buy is an excellent introduction to understanding the cycles, trends and crises in financial markets over the past 100 years. Its purpose is to help investors assess risk and the probabilities of different outcomes. It is lucidly written in a simple logical way, requires no mathematical expertise and draws on an amazing collection of historical data and research. For me it is the best and most comprehensive introduction to the subject that exists." Lord Brian Griffiths, Chairman - Centre for Enterprise, Markets and Ethics, OxfordEnjoyed this good read on market cycles and the role of behavioral finance in financial booms and busts. https://t.co/3PqSU3OMTu
The Four Pillars of Investing
William Bernstein
Sound, sensible advice from a hero to frustrated investors everywhere William Bernstein's The Four Pillars of Investing gives investors the tools they need to construct top-returning portfolios--without the help of a financial adviser. In a relaxed, nonthreatening style, Dr. Bernstein provides a distinctive blend of market history, investing theory, and behavioral finance, one designed to help every investor become more self-sufficient and make better-informed investment decisions. The 4 Pillars of Investing explains how any investor can build a solid foundation for investing by focusing on four essential lessons, each building upon the other. Containing all of the tools needed to achieve investing success, without the help of a financial advisor, it presents: Practical investing advice based on fascinating history lessons from the market Exercises to determine risk tolerance as an investor An easy-to-understand explanation of risk and reward in the capital markets@KShannon14 For me it was mostly just the process of becoming a regular reader but here are some books I listed in my first book that had an impact on my thinking as an investor https://t.co/AA2ldfQawI
The Little Book of Common Sense Investing
John C. Bogle
The best-selling investing "bible" offers new information, new insights, and new perspectives The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500. While the stock market has tumbled and then soared since the first edition of Little Book of Common Sense was published in April 2007, Bogle’s investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor. Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing. A portfolio focused on index funds is the only investment that effectively guarantees your fair share of stock market returns. This strategy is favored by Warren Buffett, who said this about Bogle: “If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds. . . . Today, however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me.” Bogle shows you how to make index investing work for you and help you achieve your financial goals, and finds support from some of the world's best financial minds: not only Warren Buffett, but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale’s David Swensen, Cliff Asness of AQR, and many others. This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future. Build a broadly diversified, low-cost portfolio without the risks of individual stocks, manager selection, or sector rotation. Forget the fads and marketing hype, and focus on what works in the real world. Understand that stock returns are generated by three sources (dividend yield, earnings growth, and change in market valuation) in order to establish rational expectations for stock returns over the coming decade. Recognize that in the long run, business reality trumps market expectations. Learn how to harness the magic of compounding returns while avoiding the tyranny of compounding costs. While index investing allows you to sit back and let the market do the work for you, too many investors trade frantically, turning a winner’s game into a loser’s game. The Little Book of Common Sense Investing is a solid guidebook to your financial future.@KShannon14 For me it was mostly just the process of becoming a regular reader but here are some books I listed in my first book that had an impact on my thinking as an investor https://t.co/AA2ldfQawI
The Little Book of Behavioral Investing
James Montier
A detailed guide to overcoming the most frequently encountered psychological pitfalls of investing Bias, emotion, and overconfidence are just three of the many behavioral traits that can lead investors to lose money or achieve lower returns. Behavioral finance, which recognizes that there is a psychological element to all investor decision-making, can help you overcome this obstacle. In The Little Book of Behavioral Investing, expert James Montier takes you through some of the most important behavioral challenges faced by investors. Montier reveals the most common psychological barriers, clearly showing how emotion, overconfidence, and a multitude of other behavioral traits, can affect investment decision-making. Offers time-tested ways to identify and avoid the pitfalls of investor bias Author James Montier is one of the world's foremost behavioral analysts Discusses how to learn from our investment mistakes instead of repeating them Explores the behavioral principles that will allow you to maintain a successful investment portfolio Written in a straightforward and accessible style, The Little Book of Behavioral Investing will enable you to identify and eliminate behavioral traits that can hinder your investment endeavors and show you how to go about achieving superior returns in the process. Praise for The Little Book Of Behavioral Investing "The Little Book of Behavioral Investing is an important book for anyone who is interested in understanding the ways that human nature and financial markets interact." —Dan Ariely, James B. Duke Professor of Behavioral Economics, Duke University, and author of Predictably Irrational "In investing, success means¿being on the right side of most trades. No book provides a better starting point toward that goal than this one." —Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management, Columbia Business School "'Know thyself.' Overcoming human instinct is key to becoming a better investor.¿ You would be irrational if you did not read this book." —Edward Bonham-Carter, Chief Executive and Chief Investment Officer, Jupiter Asset Management "There is not an investor anywhere who wouldn't profit from reading this book." —Jeff Hochman, Director of Technical Strategy, Fidelity Investment Services Limited "James Montier gives us a very accessible version of why we as investors are so predictably irrational, and a guide to help us channel our 'Inner Spock' to make better investment decisions. Bravo!" —John Mauldin, President, Millennium Wave Investments@KShannon14 For me it was mostly just the process of becoming a regular reader but here are some books I listed in my first book that had an impact on my thinking as an investor https://t.co/AA2ldfQawI
- Praise for Damn Right! From the author of the bestselling WARREN BUFFETT SPEAKS. . . "Charlie Munger, whose reputation is deep and wide, based on an extraordinary record of brilliantly successful business strategies, sees things that others don't. There is a method to his mastery and, through this book, we get a chance to learn about this rare individual." -MICHAEL EISNER, Chairman and CEO, The Walt Disney Company "Janet Lowe uncovers the iconoclastic genius and subtle charm behind Charlie Munger's curmudgeonly facade in this richly woven portrait of our era's heir to Ben Franklin. With a biographer's detachment, an historian's thoroughness, and a financial writer's common sense, Lowe produces a riveting account of the family, personal, and business life of the idiosyncratically complex and endlessly fascinating figure." -LAWRENCE CUNNINGHAM, Cardozo Law School, Author of The Essays of Warren Buffett: Lessons for Corporate America "For years, Berkshire Hathaway shareholders and investors worldwide (me included) have struggled to learn more about Warren Buffett's cerebral sidekick. Now we can rest and enjoy reading Janet Lowe's book about this rare intellectual jewel called Charlie Munger." -ROBERT G. HAGSTROM, Author of The Warren Buffett Way "Charlie has lived by the creed that one should live a life that doesn't need explaining. But his life should be explained. In a city where heroism is too often confused with celebrity, Charlie is a true hero and mentor. He lives the life lessons that he has studiously extracted from other true heroes and mentors, from Ben Franklin to Ben Graham. This book illuminates those life lessons." -RONALD L. OLSON, Munger, Tolles & Olson llp "Janet Lowe's unprecedented access to Charlie Munger and Warren Buffett has resulted in a first-class book that investors, academics, and CEOs will find entertaining and highly useful."-TIMOTHY P. VICK, Money Manager and Author of How to Pick Stocks Like Warren Buffett
@KShannon14 For me it was mostly just the process of becoming a regular reader but here are some books I listed in my first book that had an impact on my thinking as an investor https://t.co/AA2ldfQawI
Investing
Robert Hagstrom
In this updated second edition, well-known investment author Hagstrom explores basic and fundamental investing concepts in a range of fields outside of economics, including physics, biology, sociology, psychology, philosophy, and literature.@KShannon14 For me it was mostly just the process of becoming a regular reader but here are some books I listed in my first book that had an impact on my thinking as an investor https://t.co/AA2ldfQawI
Devil Take the Hindmost
Edward Chancellor
Examines stock market speculation since the seventeenth century, discussing the range of motivations of investors and the effects on economies throughout history.@KShannon14 For me it was mostly just the process of becoming a regular reader but here are some books I listed in my first book that had an impact on my thinking as an investor https://t.co/AA2ldfQawI
The Most Important Thing
Howard Marks
This book explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career. Utilizing passages from his memos to illustrate his ideas, Marks teaches by example, detailing the development of an investment philosophy that fully acknowledges the complexities of investing and the perils of the financial world. Brilliantly applying insight to today's volatile markets, Marks offers a volume that is part memoir, part creed, with a number of broad takeaways.@KShannon14 For me it was mostly just the process of becoming a regular reader but here are some books I listed in my first book that had an impact on my thinking as an investor https://t.co/AA2ldfQawI
Winning the Loser's Game
Charles D. Ellis
The Classic Guide to Winning on Wall Street—Completely Updated and Expanded! “The best book about investing? The answer is simple: Winning the Loser’s Game. Using compelling data and pithy stories, Charley Ellis has captured beautifully in this new and expanded edition of his classic work the most important lessons regarding investing. In today's unforgiving environment, it's a must-read!” F. William McNabb III, Chief Executive Officer and President, Vanguard “Charley Ellis has been one of the most influential investment writers for decades. This classic should be required reading for both individual and institutional investors.” Burton Malkiel, author, A Random Walk Down Wall Street “No one understands what it takes to be a successful investor better than Charley Ellis and no one explains it more clearly or eloquently. This updated investment classic belongs on every investor’s bookshelf.” Consuelo Mack, Anchor and Managing Editor, Consuelo Mack WealthTrack “A must-reread classic, refreshed and updated with the latest ‘lessons to be learned’ from the 2008-2009 market events.” Martin Leibowitz, Managing Director, Morgan Stanley Research “Winning the Loser’s Game has long been required reading for professional investors. . . . This elegant volume explores approaches for individuals such as relying on intellect rather than emotion, and building a personal portfolio by taking advantage of what other investors already know.” Abby Joseph Cohen, Goldman Sachs & Co “This is less a book about competition than about sound money management. Sounder than Charley Ellis they do not come.” Andrew Tobias, author, The Only Investment Guide You’ll Ever Need About the Book: Peter Drucker referred to Winning the Loser's Game as “by far the best book on investment policy and management.” Now, in it's fifth edition, the investing classic has been updated and improved. With refreshing candor, straight talk, and good humor, Winning the Loser’s Game helps individual investors succeed with their investments and control their financial futures. Ellis, dubbed “Wall Street’s Wisest Man” by Money magazine, has been showing investors for three decades how stock markets really work and what individuals can do to be sure they are long-term winners. Applying wisdom gained from half a century of working with the leading investment managers and securities firms around the world, Ellis explains how to avoid common traps and get on the road to investment success. Winning the Loser’s Game helps you set realistic objectives and develop a sensible strategy. You will learn how to: Create an investment program based on the realities of markets Use the “unfair” index fund to succeed, even in tumultuous markets Institute an annual review process to steer your investments well into the future Maximize investing success through five stages, from earning and saving through investing, estate planning, and giving The need for a trustworthy investing guide has never been greater. Sixty million individuals with 401(k)s are now responsible for making important investment decisions. They know they’re not experts but don’t know whom to trust. Winning the Loser’s Game explains why conventional investing is a loser’s game, and how you can easily make it a winner’s game!@KShannon14 For me it was mostly just the process of becoming a regular reader but here are some books I listed in my first book that had an impact on my thinking as an investor https://t.co/AA2ldfQawI
Traction
Gabriel Weinberg
"Most startups don't fail because they can't build a product. Most startups fail because they can't get traction, "--Amazon.com.In the first few years at Meesho, all new joiners in growth / product used to get this book from me :) @GayatriPYadav https://t.co/efhpJwW1UR
The Art of Being Indispensable at Work
Bruce Tulgan
What's the secret to being indispensable--being a true go-to person--in today's workplace? With new technology, flatter organizations, far-flung virtual teams, and constant change, getting things done at work is tougher and more complex than ever. We're in the midst of a collaboration revolution--but sometimes it feels more like a meltdown. Managers and executives are trying harder than ever to keep up and stay effective, relying on cross-functional coordination, better planning and resource sharing, simplified processes, and speeded-up work. It's a herculean challenge, and people are struggling. Overcommitment grows and burnout looms. But even amid the seeming chaos of the matrix organization--where you are constantly being asked to do things by people who aren't your boss, and where you must ask things of others who don't report to you--there is always that special person who seems indispensable, who seems to thrive on complexity, and who is able to stay focused and positive and get the right things done: This is the go-to person. In this game-changing yet practical book, talent guru and bestselling author Bruce Tulgan reveals the secrets of the go-to person in our new world of work. Based on an intensive study of people at all levels, in all kinds of organizations, Tulgan shows how go-to people not only behave differently, but also think differently, basing their decisions and actions on their own personal influence rather than on any formal designation of authority. At the heart of the go-to person's unique credo are the basics of "the ask" and the response--a powerful reimagining of how to say yes and when to say no. Nearly a century ago, Dale Carnegie's classic How to Win Friends and Influence People propelled millions of readers up the ladder of success. Now, in a world of work where you truly need to interact with everybody, Tulgan provides the new must-read guidebook for achieving real influence and learning to thrive when the guardrails of traditional management are pulled away.How Indispensable Are You At Work – And Where Will That Take You? https://t.co/oOXhMDLau0 #jobs #futureofwork https://t.co/j0eDlC71wW
The Complete TurtleTrader
Michael W Covel
What happens when ordinary people are taught a system to make extraordinary money? Richard Dennis made a fortune on Wall Street by investing according to a few simple rules. Convinced that great trading was a skill that could be taught to anyone, he made a bet with his partner and ran a classified ad in the Wall Street Journal looking for novices to train. His recruits, later known as the Turtles, had anything but traditional Wall Street backgrounds; they included a professional blackjack player, a pianist, and a fantasy game designer. By the time the experiment ended, Dennis had made a hundred million dollars from his Turtles and created one killer Wall Street legend. In The Complete TurtleTrader, Michael W. Covel tells their riveting story with the first ever on-the-record interviews with individual Turtles. He shows how Dennis's rules worked—and can still work today—for any investor with the desire and commitment to learn from one of the greatest investing stories of all time.Enjoyed studying these great books by @Covel on trend identification across asset classes. The fundamental analysis on individual names still needs to be done in order to develop the conviction to hold, but spotting trends early can help capture a larger part of the gains. https://t.co/JPVICOfNwu
The Riches of This Land
Jim Tankersley
Vivid character-driven narrative, fused with important new economic and political reporting and research, that busts the myths about middle class decline and points the way to its revival. For over a decade, Jim Tankersley has been on a journey to understand what the hell happened to the world's greatest middle-class success story -- the post-World-War-II boom that faded into decades of stagnation and frustration for American workers. In The Riches of This Land, Tankersley fuses the story of forgotten Americans-- struggling women and men who he met on his journey into the travails of the middle class-- with important new economic and political research, providing fresh understanding how to create a more widespread prosperity. He begins by unraveling the real mystery of the American economy since the 1970s - not where did the jobs go, but why haven't new and better ones been created to replace them. His analysis begins with the revelation that women and minorities played a far more crucial role in building the post-war middle class than today's politicians typically acknowledge, and policies that have done nothing to address the structural shifts of the American economy have enabled a privileged few to capture nearly all the benefits of America's growing prosperity. Meanwhile, the "angry white men of Ohio" have been sold by Trump and his ilk a theory of the economy that is dangerously backward, one that pits them against immigrants, minorities, and women who should be their allies. At the culmination of his journey, Tankersley lays out specific policy prescriptions and social undertakings that can begin moving the needle in the effort to make new and better jobs appear. By fostering an economy that opens new pathways for all workers to reach their full potential -- men and women, immigrant or native-born, regardless of race -- America can once again restore the upward flow of talent that can power growth and prosperity.@jasonfurman @jimtankersley Agreed. It’s a really great book.
Good Strategy Bad Strategy
Richard Rumelt
October 2020 book recommendations for product people: 1. https://t.co/4ZlHRkstuM 2. https://t.co/8qEiDpFOoW 3. https://t.co/t9O2XF9DDn 4. https://t.co/6mSk1DNDe6 https://t.co/MPhQsOYEEX
Global Economic History
Robert C. Allen
The gap between the rich and the poor can be vast. Robert C. Allen considers the main factors that contribute to this gap, looking at the interconnections between economic growth, culture, technology, and income distribution. Exploring the historical processes that have created the unequal world of today, he takes a global look at wealth worldwide.@rmendez86 Bob Allen's book is great. So very short and still so informative.
Lives of the Stoics
Ryan Holiday
"Holiday and Hanselman present the ... lives of the men and women who strove to live by the timeless Stoic virtues of courage, justice, temperance, [and] wisdom. Organized in digestible, mini-biographies of all the well-known--and not so well-known--Stoics, this book ... brings home what Stoicism was like for the people who loved it and lived it, dusting off powerful lessons to be learned from their struggles and successes. More than a mere history book, every example in these pages, from Epictetus to Marcus Aurelius--slaves to emperors--is designed to help the reader apply philosophy in their own lives"--I’m lucky to have Ryan as an investor in my company, since he’s a NYT bestselling author that explains how to practically apply ancient wisdom for your personal development. Check out his latest book below: https://t.co/ygqUAh7zH1
Devil Take the Hindmost
Edward Chancellor
Examines stock market speculation since the seventeenth century, discussing the range of motivations of investors and the effects on economies throughout history.@BoozeBreath Not an entire book but this one has an excellent chapter on it https://t.co/oHOtPjorGQ
Talent is Overrated
Geoff Colvin
Wall Street Journaland BusinessWeekbestseller Asked to explain why a few people truly excel, most people offer one of two answers. The first is hard work. Yet we all know plenty of hard workers who have been doing the same job for years or decades without becoming great. The other possibility is that the elite possess an innate talent for excelling in their field. We assume that Mozart was born with an astounding gift for music, and Warren Buffett carries a gene for brilliant investing. The trouble is, scientific evidence doesn't support the notion that specific natural talents make great performers. According to distinguished journalist Geoff Colvin, both the hard work and natural talent camps are wrong. What really makes the difference is a highly specific kind of effort-"deliberate practice"-that few of us pursue when we're practicing golf or piano or stockpicking. Based on scientific research, Talent is Overratedshares the secrets of extraordinary performance and shows how to apply these principles. It features the stories of people who achieved world-class greatness through deliberate practice-including Benjamin Franklin, comedian Chris Rock, football star Jerry Rice, and top CEOs Jeffrey Immelt and Steven Ballmer.Book of the Day: Talent is Overrated https://t.co/ZXTlt3jIh9
Orbiting the Giant Hairball
Gordon MacKenzie
A humorous look at the corporate structure invites readers to explore their own creativity within the confines of the workplace, which the author describes as the giant "hairball"The Black Swan
Nassim Nicholas Taleb
Examines the role of the unexpected, discussing why improbable events are not anticipated or understood properly, and how humans rationalize the black swan phenomenon to make it appear less random.11/ For more on the topic of VAR, its pitfalls, and the role of randomness in life, I highly recommend reading The Black Swan and Fooled by Randomness by @nntaleb. Honestly, just read anything by him! Foundational classics. https://t.co/f3kVt2ZF8z https://t.co/cNHEXfMOEu
Setting the Table
Danny Meyer
A landmark, bestselling business book and a fascinating behind-the-scenes history of the creation of Danny's most famous eating establishments, Setting the Table is a treasure trove of valuable, innovative insights applicable to any business or organization.Setting the Table is great book and very worth everyone reading Also was what this post was inspired from: https://t.co/wBMtwM1zOF https://t.co/3niw5o7QjC
The Little Book of Common Sense Investing
John C. Bogle
The best-selling investing "bible" offers new information, new insights, and new perspectives The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500. While the stock market has tumbled and then soared since the first edition of Little Book of Common Sense was published in April 2007, Bogle’s investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor. Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing. A portfolio focused on index funds is the only investment that effectively guarantees your fair share of stock market returns. This strategy is favored by Warren Buffett, who said this about Bogle: “If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds. . . . Today, however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me.” Bogle shows you how to make index investing work for you and help you achieve your financial goals, and finds support from some of the world's best financial minds: not only Warren Buffett, but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale’s David Swensen, Cliff Asness of AQR, and many others. This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future. Build a broadly diversified, low-cost portfolio without the risks of individual stocks, manager selection, or sector rotation. Forget the fads and marketing hype, and focus on what works in the real world. Understand that stock returns are generated by three sources (dividend yield, earnings growth, and change in market valuation) in order to establish rational expectations for stock returns over the coming decade. Recognize that in the long run, business reality trumps market expectations. Learn how to harness the magic of compounding returns while avoiding the tyranny of compounding costs. While index investing allows you to sit back and let the market do the work for you, too many investors trade frantically, turning a winner’s game into a loser’s game. The Little Book of Common Sense Investing is a solid guidebook to your financial future.@Invest_Books Read Bogle. Other than recommending books, you also need to start reading. You may first try Common sense investing by John Bogle.
You Win in the Locker Room First
Jon Gordon
NFL head coach Mike Smith lead one of the most remarkable turnarounds in NFL history. In the season prior to his arrival in 2008, the Atlanta Falcons had a 4–12 record and the franchise had never before achieved back-to-back winning seasons. Under Smith’s leadership, the Falcons earned an 11–5 record in his first season and would go on to become perennial playoff and Super Bowl contenders earning Smith AP Coach of year in 2008 and voted Coach of Year by his peers in 2008, 2010 and 2012. You Win in the Locker Room First draws on the extraordinary experiences of Coach Mike Smith and Jon Gordon—consultant to numerous college and professional teams—to explore the seven powerful principles that any business, school, organization, or sports team can adopt to revitalize their organization. Step by step, the authors outline a strategy for building a thriving organization and provide a practical framework that give leaders the tools they need to create a great culture, lead with the right mindset, create strong relationships, improve teamwork, execute at a higher level, and avoid the pitfalls that sabotage far too many leaders and organizations. In addition to sharing what went right with the Falcons, Smith also transparently shares what went wrong his last two seasons and provides invaluable lessons leaders can take away from his victories, success, failures and mistakes. Whether it’s an executive leadership team of a Fortune 500 company, a sports team, an emergency room team, military team, or a school team successful leaders coach their team and develop, mentor, encourage, and guide them. This not only improves the team, it improves the leaders and their relationships, connections, and organization. You Win in the Locker Room First offers a rare behind-the-scenes look at one of the most pressure packed leadership jobs on the planet and what leaders can learn from these experiences in order to build their own winning team.Book of the Day: You Win in the Locker Room First https://t.co/uNN2N3rWSk
Good Strategy, Bad Strategy
Richard P. Rumelt
Argues that a manager's central responsibility is to create and implement strategies, challenges popular motivational practices, and shares anecdotes discussing how to enable action-oriented plans for real-world results.5/ Essential reads: Good Strategy Bad Strategy: https://t.co/Y5n93RWS2s Divinations newsletter: https://t.co/pfX2vF2WPr The Innovator's Dilemma: https://t.co/qBDiRpnr0Y 7 Powers: https://t.co/qek7elRewF Good to Great: https://t.co/3W3QWDqRrz
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.@ChrisOwensDev First off, I love Atomic Habits and never shut up about it. Second, I haven’t read a bad Michael Lewis book yet! I haven’t read The Fifth Risk though, and that ones a fairly different direction.
Angel
Jason Calacanis
@garymfreedman @glennon “Only invest/gamble what you can afford to lose” is the best advice to give anyone considering angel investing or Vegas... also, please read my book (https://t.co/bhnGXzrQ1p) and take my free course on Angel investing: https://t.co/nZJlVHTGsx!
Adrenaline Junkies and Template Zombies
Tom Demarco
In Adrenaline Junkies and Template Zombies, the six principal consultants of The Atlantic Systems Guild present the patterns of behavior they most often observe at the dozens of IT firms they transform each year, around the world. The result is a quick-read guide to identifying nearly ninety typical scenarios, drawing on a combined one-hundred-and-fifty years of project management experience. Project by project, you'll improve the accuracy of your hunches and your ability to act on them. The patterns are presented in an easy-reference format, with names designed to ease communication with your teammates. In just a few words, you can describe what's happening on your project. Citing the patterns of behavior can help you quickly move those above and below you to the next step on your project. Not every pattern will be evident in your organization, and not every pattern is necessarily good or bad. However, you'll find many patterns that will apply to your current and future assignments, even in the most ambiguous circumstances. When you assess your situation and follow your next hunch, you'll have the collective wisdom of six world-class consultants at your side.Good read on collaboration patterns & anti-patterns in software projects. One of the rare books that should be useful for every function involved in software projects & every level from individual contributor to senior mgmt. I don’t agree with some of the vocabulary but overall👌🏾 https://t.co/bbmYvUjrVt
Private Truths, Public Lies
Timur Kuran
Preface Living a Lie The Significance of Preference Falsification Private and Public Preferences Private Opinion, Public Opinion The Dynamics of Public Opinion Institutional Sources of Preference Falsification Inhibiting Change Collective Conservatism The Obstinacy of Communism The Ominous Perseverance of the Caste System The Unwanted Spread of Affirmative Action Distorting Knowledge Public Discourse and Private Knowledge The Unthinkable and the Unthought The Caste Ethic of Submission The Blind Spots of Communism The Unfading Specter of White Racism Generating Surprise Unforeseen Political Revolutions The Fall of Communism and Other Sudden Overturns The Hidden Complexities of Social Evolution From Slavery to Affirmative Action Preference Falsification and Social Analysis Notes Index.The best book on this is the academic but very readable 'Private Truths, Public Lies' by @timurkuran. What tangled webs we weave, when we all try to fit in while under the gaze of a crowdsourced panopticon. https://t.co/x9aclbftHE
Arts and Minds
Anton Howes
"For almost 300 years, an organisation has quietly tried to change almost every aspect of life in Britain. That organisation is the Royal Society for the Encouragement of Arts, Manufactures and Commerce, often known simply as the Royal Society of Arts. It has acted as Britain's private national improvement agency, in every way imaginable - essentially, a society for the improvement of everything and anything. This book is its history. From its beginnings in a coffee house in the mid-eighteenth century, the Society has tried to change Britain's art, industry, laws, music, environment, education, and even culture. It has sometimes even succeeded. It has been a prize-fund for innovations, a platform for Victorian utilitarian reformers, a convenor of disparate interest groups, and the focal point for social movements. There has never been an organisation quite like it, constantly having to reinvent itself to find something new to improve. The book rewrites many of the old official histories of the Society and updates them to the present day, incorporating over half a century of further research into the periods they covered, along with new insights into the organisation's evolution. The book reveals the hidden and often surprising history of how a few public-spirited people tried to make their country better, offering lessons from their triumphs and their failures for all would-be reformers today"--This book is FANTASTIC 🚀🚀🚀 https://t.co/Cd4lX3oxt2
Nudge
Richard H. Thaler
Offering a groundbreaking study of the application of the science of choice, a guide that uses colorful examples from all aspects of life demonstrates how it is possible to design environments that make it more likely for us to act in our own interests. Reprint..@CassSunstein coauthored Nudge with Nobel Laureate @R_Thaler. Nudge is one of the seminal books in the behavioral economics/policy space. 4/13 https://t.co/3PLxieu0l5
Soul Full of Coal Dust
Chris Hamby
In a devastating and urgent work of investigative journalism, Pulitzer Prize-winner, Chris Hamby, uncovers the tragic resurgence of black lung disease in Appalachia, its Big Coal cover-up, and the resilient mining communities who refuse to back down. Decades have passed since black lung disease was recognized as a national disgrace and Congress was pushed to take legislative action. Since then, however, not much has changed. Big coal companies-along with their allies in the legal and medical professions-have continually flouted the law and exposed miners to deadly amounts of coal dust, while also systematically denying benefits to miners who suffer and die because of their jobs. Indeed, these men and their families, with little access to education, legal resources, and other employment options, have long been fighting to wrench even modest compensation and medical costs from our nation's biggest mining interests-all to combat a disease that could have been eradicated years ago. Tracing their heroic stories back to the very beginning, Chris Hamby, who won a Pulitzer Prize for his reporting on this issue, gives us a deeply troubling yet ultimately triumphant work that promises to do for Black Lung what Beth Macy did for the opioid epidemic. From corporate offices and mine shafts, to hospital beds and rural clinics, Soul Full of Coal Dust becomes a legal and medical thriller that brilliantly traces how a powerless band of laborers-alongside a small group of lawyers and doctors, often working out of their homes or in rural clinics and tiny offices-challenged one of the world's most powerful forces, Big Coal, and won. Full of the rich and complex atmosphere of Appalachia and packed with tales of those who have toiled in the mines of West Virginia, Soul Full of Coal Dust Sis a necessary and timely book about injustice and resistance.Really enjoying this morning. A powerful and empathetic look at the human cost of coal mining, the legal gauntlet workers must run trying to find some justice, and the communities hit first by coal’s health impacts & then the industry’s decline. https://t.co/J5wr5aDOOI
The Personal MBA
Josh Kaufman
'A business classic. You're pretty much guaranteed to get your money's worth - if not much, much more' Jason Hesse, Real Business This revised and expanded edition of the bestselling book, The Personal MBA by Josh Kaufman, gives you everything you need to transform your business, your career or your working life forever. An MBA at a top school is an enormous investment in time, effort and cold, hard cash. And if you don't want to work for a consulting firm or an investment bank, the chances are it simply isn't worth it. Josh Kaufman is the rogue professor of modern business education. Feted by everyone from the business media to Seth Godin and David Allen, he's torn up the rulebook and given thousands of people worldwide the tools to teach themselves everything they need to know. The Personal MBA teaches simple mental models for every subject that's key to commercial success. From the basics of products, sales & marketing and finance to the nuances of human psychology, teamwork and creating systems, this book distils everything you need to know to take on the MBA graduates and win. 'File this book under: NO EXCUSES' Seth Godin, author of Purple Cow and Linchpin 'Josh Kaufman has synthesized the most important topics in business into a book that truly lives up to its title. It's rare to find complicated concepts explained with such clarity. Highly recommended' Ben Casnocha, author of My Start-Up LifeJosh Kaufman is a hero of mine — his book "The Personal MBA" is one of my all-time favorites. Loved this interview on Superorganizers 💘 https://t.co/XsEPq5Ym55
The Manager's Path
Camille Fournier
Managing people is difficult wherever you work. But in the tech industry, where management is also a technical discipline, the learning curve can be brutal--especially when there are few tools, texts, and frameworks to help you. In this practical guide, author Camille Fournier (tech lead turned CTO) takes you through each stage in the journey from engineer to technical manager. From mentoring interns to working with senior staff, you'll get actionable advice for approaching various obstacles in your path. This book is ideal whether you're a new manager, a mentor, or a more experienced leader looking for fresh advice. Pick up this book and learn how to become a better manager and leader in your organization. Begin by exploring what you expect from a manager Understand what it takes to be a good mentor, and a good tech lead Learn how to manage individual members while remaining focused on the entire team Understand how to manage yourself and avoid common pitfalls that challenge many leaders Manage multiple teams and learn how to manage managers Learn how to build and bootstrap a unifying culture in teamsBook 30 Lesson: Be kind, not nice. Do the things that actually set people up to succeed, not just make them feel better in the moment. https://t.co/iibsXnoulK
Are Your Lights On?
Donald C. Gause
A Practical Guide for Everyone Involved in Product and Systems Development The fledgling problem solver invariably rushes in with solutions before taking time to define the problem being solved. Even experienced solvers, when subjected to social pressure, yield to this demand for haste. When they do, many solutions are found, but not necessarily to the problem at hand. Whether you are a novice or a veteran, this powerful little book will make you a more effective problem solver. Anyone involved in product and systems development will appreciate this practical illustrated guide, which was first published in 1982 and has since become a cult classic. Offering such insights as "A problem is a difference between things as desired and things as perceived, " and "In spite of appearances, people seldom know what they want until you give them what they ask for, " authors Don Gause and Jerry Weinberg provide an entertaining look at ways to improve one's thinking power. The book playfully instructs the reader first to identify the problem, second to determine the problem's owner, third to identify where the problem came from, and fourth to determine whether or not to solve it. Delightfully illustrated with 55 line drawings, the book conveys a message that will change the way you think about projects and problems.Aug 2020 book recommendations for product people: 1. Are Your Lights On? 2. Peopleware 3. The Systems Bible 4. Games People Play This month’s books are a nod to the Lindy Effect: these books are fairly old & we might reasonably expect them to stay relevant for a while longer https://t.co/kXtUqwJWk5
Peopleware
Tom DeMarco
Most software project problems are sociological, not technological. Peopleware is a book on managing software projects.Aug 2020 book recommendations for product people: 1. Are Your Lights On? 2. Peopleware 3. The Systems Bible 4. Games People Play This month’s books are a nod to the Lindy Effect: these books are fairly old & we might reasonably expect them to stay relevant for a while longer https://t.co/kXtUqwJWk5
Expectations Investing
Alfred Rappaport
Expectations Investing is well worth picking up. -Financial Executive Expectations Investing offers a fundamentally new alternative for identifying value-price gaps, built around a deceptively simple and obvious tool: a company's stock price. The authors walk readers step-by-step through their breakthrough method, revealing how portfolio managers, security analysts, investment advisors, and individual investors can more accurately evaluate established and "new economy" stocks alike-and translate shareholder value from theory to reality. AUTHORBIO: Alfred Rappaport directs Shareholder Value Research for L.E.K. Consulting and is a Professor Emeritus at Northwestern's Kellogg School. Michael J. Mauboussin is Credit Suisse First Boston's Chief U.S. Investment Strategist and an adjunct professor at Columbia University.If you are an investor and have not read Expectations Investing you only have yourself to blame: https://t.co/YwkGRETliB
The Black Swan
Nassim Nicholas Taleb
Examines the role of the unexpected, discussing why improbable events are not anticipated or understood properly, and how humans rationalize the black swan phenomenon to make it appear less random.For a full explanation of asymmetry see The Black Swan: https://t.co/GaM1gmOcZq
The Dao of Capital
Mark Spitznagel
Combing ancient Daoist philosophy with old school Austrian economics, this timely resource presents a singular approach to investing that illuminates the market's natural homeostatic processes.Educate yourself. Always a great read from the best performing hedge fund manager in 2020. https://t.co/mHUwIj6Mk2
Good Strategy, Bad Strategy
Richard P. Rumelt
Argues that a manager's central responsibility is to create and implement strategies, challenges popular motivational practices, and shares anecdotes discussing how to enable action-oriented plans for real-world results.Strategy books, stack ranked: https://t.co/dTPnXGaxhJ
Competitive Strategy
Michael E. Porter
Now nearing its sixtieth printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Electrifying in its simplicity—like all great breakthroughs—Porter’s analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies—lowest cost, differentiation, and focus—which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment. More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors, and choose competitive positions. The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing. Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter’s rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century.Strategy books, stack ranked: https://t.co/dTPnXGaxhJ
Understanding Michael Porter
Joan Magretta
Examines and explains the revolutionary business frameworks of Michael Porter, with examples to illustrate and update Porter's ideas for achieving and sustaining competitive success.Strategy books, stack ranked: https://t.co/dTPnXGaxhJ
Think and Grow Rich
Napoleon Hill
An updated edition of the best-selling guide features anecdotes about such modern figures as Bill Gates, Dave Thomas, and Sir John Templeton, explaining how their examples can enable modern readers to pursue wealth and overcome personal stumbling blocks. Original. 30,000 first printing.@UncleRich55 Definitely one of the most formative books I've ever read. I talk a lot about that one, Richest Man in Babylon, and Think and Grow Rich.
The Outsiders
William Thorndike
It's time to redefine the CEO success story. Meet eight iconoclastic leaders who helmed firms where returns on average outperformed the S&P 500 by more than 20 times.@stevenjr76 Fantastic book claiming best CEOs are experts at capital allocation. Use your stock to acquire things when stock is high. Divest when you believe you have maximized value (for you at least) within a business.
Limits
Giorgos Kallis
I love this book. So readable, so insightful, so actionable. There is also a really interesting connection between this book and @DrIbram's How To Be An Anti-Racist, namely that many establishment beliefs & policies originate as justifications for self-interest by powerful people https://t.co/XNZ7HhkLx4
The Passion Economy
Adam Davidson
"This is a Borzoi Book"--Copyright page.@david_doswell @adamdavidson @ljin18 Adam's book and Li's essay are both great! https://t.co/UjOSJxABJR https://t.co/v7wc8FtX9k
The Global Negotiator
Jeswald W. Salacuse
In today's global business environment, an executive must have the skills and knowledge to navigate all stages of an international deal, from negotiations to managing the deal after it is signed. The aim of The Global Negotiator is to equip business executives with that exact knowledge. Whereas most books on negotiation end when the deal is made, Jeswald W. Salacuse will guide the reader from the first handshake with a potential foreign partner to the intricacies of making the international joint venture succeed and prosper, or should things go poorly, how to deal with getting out of a deal gone wrong. Salacuse illustrates the many ways in which an international deal may falter and the methods parties can use to save it, provides the necessary technical knowledge to structure specific business transactions, and explores the transformations to the international business landscape over the last decade.The stories in The Global Negotiator are almost always about events that happened in my life or my co-author's life. Our book is available free in this digital format: https://t.co/qMeWN739vJ Humans are storytelling creatures - both on the telling and the receiving sides. https://t.co/GqeuKmPA8w
The Startup Community Way
Brad Feld
How to create a thriving startup ecosystem in a location near you—a practical guide We are in the midst of a global startup revolution. The proliferation of digital technologies, a rising middle-class, and the quest for sustained economic growth have put entrepreneurship on the map for talent, governments, universities, and corporations everywhere. Along with the widely-recognized opportunity presented by entrepreneurship has come a realization that the success of today’s startups is determined to a large degree by the complex global and uniquely local environments in which they operate. It is the nature of these external factors—and more importantly, the quality of their linkages with each other—that explains why some places are consistently able to produce high-impact entrepreneurship while many other places are not. No one tells this story better than acclaimed author and investor Brad Feld and Ian Hathaway, an entrepreneurship expert and startup advisor. The Startup Community Way: Evolving an Entrepreneurial Ecosystem—the much-anticipated sequel to Feld’s bestselling book Startup Communities: Building an Entrepreneurial Ecosystem in Your City—explores what makes startup communities thrive and how to improve collaboration in rapidly-changing environments. The Startup Community Way is a governing philosophy for startup communities, rooted in the theory of complex systems and the practice of community-building in many contexts. This book establishes a robust framework and shares lessons from around the globe that illustrate how to create a flourishing startup ecosystem anywhere. Each of the crucial aspects of community-building, such as the organizing principles of community, the attributes of leadership, the goals and values of a startup community, the application of systems thinking, and methods for changing behavior and mindset are discussed in detail. Advancing the practice of building startup communities, this book: Offers practical, real-world advice for entrepreneurs, community builders, and other stakeholders who want to harness the power of startups in their city Advances a new framework for effective startup community building grounded in complex adaptive systems and systems thinking Discusses the role of key institutions—such as governments, corporations, and universities—in supporting startup communities Explores the value of key stakeholders and why leaders are crucial for bringing communities together Includes contributions from leading entrepreneurial voices in the field The Startup Community Way is a must-have resource for entrepreneurs, venture capitalists, C-suite executives, business and community leaders, and anyone wishing to understand how startup communities work anywhere in the world.he's someone who always picks up the phone when you need him, and excited to read @bfeld's The Startup Community Way: Evolving an Entrepreneurial Ecosystem https://t.co/aemL0arqpK
The Dip
Seth Godin
The author of Permission Marketing and Purple Cow shares insights into knowing when to support or fight corporate systems, explaining how to recognize and drop defunct practices to protect profits, job security, and professional satisfaction.@mar15sa You might find this book from Seth Godin helpful (I haven’t read it but have heard good things): The Dip: A Little Book That Teaches You When to Quit (and When to Stick) https://t.co/UxgVIWo51b
Creative Culture
Justin Dauer
We cannot preach outwardly about empathy for those we're designing for if as designers, researchers, architects, developers, we're not supporting each other. The notion of being human-centered has an innate synergy between design process (and ultimate product) and office culture (and empathetic interactions).Understanding Michael Porter
Joan Magretta
Examines and explains the revolutionary business frameworks of Michael Porter, with examples to illustrate and update Porter's ideas for achieving and sustaining competitive success.More July 2020 book recommendations for product people: 1. Understanding Michael Porter 2. Practical Empathy 3. The Charisma Myth 4. 7 Powers 5. Getting Things Done 6. The Art of Thinking Clearly https://t.co/7A1xviJ2sj
The Charisma Myth
Olivia Fox Cabane
Demonstrates how to improve one's persuasive abilities, sharing tools originally developed for Harvard and MIT to explain the fundamental components of charisma, what it really is, and how it works.More July 2020 book recommendations for product people: 1. Understanding Michael Porter 2. Practical Empathy 3. The Charisma Myth 4. 7 Powers 5. Getting Things Done 6. The Art of Thinking Clearly https://t.co/7A1xviJ2sj
Getting Things Done
David Allen
More July 2020 book recommendations for product people: 1. Understanding Michael Porter 2. Practical Empathy 3. The Charisma Myth 4. 7 Powers 5. Getting Things Done 6. The Art of Thinking Clearly https://t.co/7A1xviJ2sj
Essentialism
Greg McKeown
Have you ever found yourself struggling with information overload? Have you ever felt both overworked and underutilised? Do you ever feel busy but not productive? If you answered yes to any of these, the way out is to become an Essentialist. In Essentialism, Greg McKeown, CEO of a Leadership and Strategy agency in Silicon Valley who has run courses at Apple, Google and Facebook, shows you how to achieve what he calls the disciplined pursuit of less. Being an Essentialist is about a disciplined way of thinking. It means challenging the core assumption of ‘We can have it all’ and ‘I have to do everything’ and replacing it with the pursuit of ‘the right thing, in the right way, at the right time'. By applying a more selective criteria for what is essential, the pursuit of less allows us to regain control of our own choices so we can channel our time, energy and effort into making the highest possible contribution toward the goals and activities that matter. Using the experience and insight of working with the leaders of the most innovative companies and organisations in the world, McKeown shows you how to put Essentialism into practice in your own life, so you too can achieve something great.@gefencodes You won't be able to change this behavior in other people, you'll just have to say No much much much more often than you would like to. But there's only one of you and infinity others. 👊❤️ (Also highly recommend reading Essentialism to help.)
Dealing with Darwin
Geoffrey A. Moore
Demonstrating how companies can benefit from the scientific principles of natural selection, the best-selling author of Crossing the Chasm explains how established businesses can successfully adapt to the challenges of such forces as deregulation, globalization, and e-commerce. Reprint.@mischaarmada “Dealing with Darwin”. Fantastic book.
Alchemy
Rory Sutherland
The legendary advertising guru—Ogilvy UK’s vice chairman—and star of three massively popular TED Talks, blends the science of human behavior with his vast experience in the art of persuasion in this incomparable book that decodes successful branding and marketing in the vein of Freakonomics, Thinking Fast and Slow, and The Power of Habit. When Rory Sutherland was a trainee working on a direct mail campaign at the famed advertising firm OgilvyOne, he noticed that very small changes in design often had immense effects on the number of consumer responses. Yet no one he worked with knew why. Sutherland began taking stock of each effective yet nebulous trick—”the thing which has no name”—he discovered. As he rose in the advertising industry, he began to understand why these things had no name: no one was interested in quantifying them, cataloguing them, or really investigating them. So, he did it himself. Like classic behavioral economists Daniel Kahneman and Richard Thaler, Sutherland peels away hidden, often irrational human behaviors that explain how the world around us functions. In How to Be an Alchemist he examines why certain ads work and the broader truths they tell us about who we are. Why do people prefer stripy toothpaste, and how might that help us design retirement plans that young people would actually buy? Why do we think orange juice is healthy, and how does the same principle guide our feelings about nuclear reactors? Why do budget airlines advertise services they don’t offer—and what might insurance companies learn from them about keeping healthcare costs low? Filled with startling and profound conclusions, Sutherland’s journey through the world of advertising and its surprising lessons for human behavior is insightful, brilliant, eye-opening, and irresistibly fun.July 2020 Product Management book recommendations: 1. Super Thinking 2. The War of Art 3. 100 Things Every Designer Needs to Know About People 4. Alchemy 5. The Cartoon Guide to Statistics 6. The 7 Habits of Highly Effective People https://t.co/38LYLjPdu3
Cracking the PM Interview
Gayle Laakmann McDowell
How many pizzas are delivered in Manhattan? How do you design an alarm clock for the blind? What is your favorite piece of software and why? How would you launch a video rental service in India? This book will teach you how to answer these questions and more. Cracking the PM Interview is a comprehensive book about landing a product management role in a startup or bigger tech company. Learn how the ambiguously-named "PM" (product manager / program manager) role varies across companies, what experience you need, how to make your existing experience translate, what a great PM resume and cover letter look like, and finally, how to master the interview: estimation questions, behavioral questions, case questions, product questions, technical questions, and the super important "pitch."@BenOgorek I’d recommend grabbing @jackiebo’s book on the topic which does the subject more justice than I can in 280 characters. https://t.co/p2qZIByDSx
Go To
Steve Lohr
Ranging from the 1950s to the present day, this intriguing study traces the scientific research, technological innovations, and personalities who created the software revolution and explores the impact of these accomplishments on the development of computers and programming. Reprint. 30,000 first printing.@qhardy @dscheinm @SteveLohr going to re-read that book soon:)
Principles
Ray Dalio
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.New Blog Post about the Navalmanack: "6 Books that Inspired the Navalmanack" It’s amazing to see how what we read... determines who we are... which determines what we do… https://t.co/G9n9IdFxls https://t.co/cZWQKGe88t
Devil Take the Hindmost
Edward Chancellor
Examines stock market speculation since the seventeenth century, discussing the range of motivations of investors and the effects on economies throughout history.14/ https://t.co/ABfbwKuCtI
The Rational Optimist
Matt Ridley
For two hundred years the pessimists have dominated public discourse, insisting that things will soon be getting much worse. But in fact, life is getting better—and at an accelerating rate. Food availability, income, and life span are up; disease, child mortality, and violence are down all across the globe. Africa is following Asia out of poverty; the Internet, the mobile phone, and container shipping are enriching people's lives as never before. In his bold and bracing exploration into how human culture evolves positively through exchange and specialization, bestselling author Matt Ridley does more than describe how things are getting better. He explains why. An astute, refreshing, and revelatory work that covers the entire sweep of human history—from the Stone Age to the Internet—The Rational Optimist will change your way of thinking about the world for the better.11/ Matt Ridley's book covers the entire sweep of human history—from the Stone Age to the Internet, and provides a fascinating overview of how human civilizations and culture have moved forward positively over the course of history through exchange and specialization. https://t.co/glDyxwN3Yo
The Great Crash 1929
John Kenneth Galbraith
Presents a study of the stock market crash of 1929 that reveals the influential role of Wall Street on the economic growth of America.6/ Galbraith's timeless classic on the events, run-up and aftermath of the stock market crash of 1929 and the economic depression that followed. This book demonstrates how human nature results in frequent cycles of booms and busts. https://t.co/Z7MkRj315K
Contagious
Jonah Berger
Explains why some products and ideas go "viral," citing the roles of word-of-mouth promotion and the Internet.Book 24 Lesson: People share things that evoke strong emotion, make them look more interesting, or carry practical value that will make them look helpful. They work out what things have these attributes by watching what others do and respond to in public spaces. https://t.co/3SVJ20ENvD
How to Decide
Annie Duke
Through a blend of compelling exercises, illustrations, and stories, this workbook by the bestselling author of Thinking in Bets will train you to combat your own biases, address your weaknesses, and help you become a better and more confident decision-maker. What do you do when you're faced with a big decision? If you're like most people, you use a pro and con list, spend a lot of time second guessing or regretting decisions that don't work out, get caught in analysis paralysis, endlessly seeking other people's opinions and trying to find just that little bit more information that might make you sure, or you do the opposite and just go with your gut feeling. But this is exactly the wrong way to go about combating the biases working against you. What if there was a better way to make quality decisions so you can think clearly, feel more confident, second guess yourself less, and ultimately be more decisive and be more productive? The good news is that decision-making is not a matter of luck or smarts, but a teachable skill that anyone can get better at. And the great news is that even a small improvement in decision-making will make a huge impact on your life. In How to Decide, bestselling author and former professional poker player Annie Duke lays out a series of tools anyone can use to make better decisions. You'll learn how to identify and dismantle hidden biases and accept that you can rarely be certain of how things will turn out. Through practical exercises and engaging thought experiments, this book helps you analyze key decisions you've made in the past and troubleshoot those you're making in the future. Whether you're picking investments, evaluating a job offer, or trying to figure out your romantic life, this book is the key to happier outcomes and fewer regrets..@tcscornavacchi and I talk about a bunch of material from my new book, How to Decide, coming out in September. - Why it’s good to be wrong - Why your gut isn’t a good decision tool - The power of negative thinking https://t.co/Gdu8QjbWJC
The Startup Community Way
Brad Feld
How to create a thriving startup ecosystem in a location near you—a practical guide We are in the midst of a global startup revolution. The proliferation of digital technologies, a rising middle-class, and the quest for sustained economic growth have put entrepreneurship on the map for talent, governments, universities, and corporations everywhere. Along with the widely-recognized opportunity presented by entrepreneurship has come a realization that the success of today’s startups is determined to a large degree by the complex global and uniquely local environments in which they operate. It is the nature of these external factors—and more importantly, the quality of their linkages with each other—that explains why some places are consistently able to produce high-impact entrepreneurship while many other places are not. No one tells this story better than acclaimed author and investor Brad Feld and Ian Hathaway, an entrepreneurship expert and startup advisor. The Startup Community Way: Evolving an Entrepreneurial Ecosystem—the much-anticipated sequel to Feld’s bestselling book Startup Communities: Building an Entrepreneurial Ecosystem in Your City—explores what makes startup communities thrive and how to improve collaboration in rapidly-changing environments. The Startup Community Way is a governing philosophy for startup communities, rooted in the theory of complex systems and the practice of community-building in many contexts. This book establishes a robust framework and shares lessons from around the globe that illustrate how to create a flourishing startup ecosystem anywhere. Each of the crucial aspects of community-building, such as the organizing principles of community, the attributes of leadership, the goals and values of a startup community, the application of systems thinking, and methods for changing behavior and mindset are discussed in detail. Advancing the practice of building startup communities, this book: Offers practical, real-world advice for entrepreneurs, community builders, and other stakeholders who want to harness the power of startups in their city Advances a new framework for effective startup community building grounded in complex adaptive systems and systems thinking Discusses the role of key institutions—such as governments, corporations, and universities—in supporting startup communities Explores the value of key stakeholders and why leaders are crucial for bringing communities together Includes contributions from leading entrepreneurial voices in the field The Startup Community Way is a must-have resource for entrepreneurs, venture capitalists, C-suite executives, business and community leaders, and anyone wishing to understand how startup communities work anywhere in the world.Radical Uncertainty
John Kay
Much economic advice is bogus quantification, warn two leading experts in this essential book. Invented numbers offer false security; we need instead robust narratives that yield the confidence to manage uncertainty.Today’s readinf. https://t.co/iy5LeSBbTo
China's Superbank
Henry Sanderson
Economics & Finance.And I somehow missed @PekingMike & @hjesanderson's 2013 book, China's Superbank: Debt, Oil and Influence. As @BethanyAllenEbr and others have noted, following the money is crucial to understanding China's influence. https://t.co/KrDuFPp6J8 12/x
Rework
Jason Fried
@abhishekdesai I’m gonna have to read the book now aren’t I
Common Stocks and Uncommon Profits and Other Writings
Philip A. Fisher
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction "I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments." —Warren Buffet9/ "The business grapevine is a remarkable thing. An accurate picture of the relative points of strength and weakness can be obtained from a representative cross-section of the opinions of those who in one way or another are concerned with any particular company.” Phil Fisher https://t.co/HvayPJzcxA
The Startup Community Way
Brad Feld
How to create a thriving startup ecosystem in a location near you—a practical guide We are in the midst of a global startup revolution. The proliferation of digital technologies, a rising middle-class, and the quest for sustained economic growth have put entrepreneurship on the map for talent, governments, universities, and corporations everywhere. Along with the widely-recognized opportunity presented by entrepreneurship has come a realization that the success of today’s startups is determined to a large degree by the complex global and uniquely local environments in which they operate. It is the nature of these external factors—and more importantly, the quality of their linkages with each other—that explains why some places are consistently able to produce high-impact entrepreneurship while many other places are not. No one tells this story better than acclaimed author and investor Brad Feld and Ian Hathaway, an entrepreneurship expert and startup advisor. The Startup Community Way: Evolving an Entrepreneurial Ecosystem—the much-anticipated sequel to Feld’s bestselling book Startup Communities: Building an Entrepreneurial Ecosystem in Your City—explores what makes startup communities thrive and how to improve collaboration in rapidly-changing environments. The Startup Community Way is a governing philosophy for startup communities, rooted in the theory of complex systems and the practice of community-building in many contexts. This book establishes a robust framework and shares lessons from around the globe that illustrate how to create a flourishing startup ecosystem anywhere. Each of the crucial aspects of community-building, such as the organizing principles of community, the attributes of leadership, the goals and values of a startup community, the application of systems thinking, and methods for changing behavior and mindset are discussed in detail. Advancing the practice of building startup communities, this book: Offers practical, real-world advice for entrepreneurs, community builders, and other stakeholders who want to harness the power of startups in their city Advances a new framework for effective startup community building grounded in complex adaptive systems and systems thinking Discusses the role of key institutions—such as governments, corporations, and universities—in supporting startup communities Explores the value of key stakeholders and why leaders are crucial for bringing communities together Includes contributions from leading entrepreneurial voices in the field The Startup Community Way is a must-have resource for entrepreneurs, venture capitalists, C-suite executives, business and community leaders, and anyone wishing to understand how startup communities work anywhere in the world.The Coaching Habit
Michael Bungay Stanier
Coaching is an essential skill for leaders. But for most busy, overworked managers, coaching employees is done badly, or not at all. They're just too busy, and it's too hard to change. But what if managers could coach their people in 10 minutes or less? In Michael Bungay Stanier's The Coaching Habit, coaching becomes a regular, informal part of your day so managers and their teams can work less hard and have more impact. Coaching is an art and it's far easier said than done. It takes courage to ask a question rather than offer up advice, provide an answer, or unleash a solution. Giving another person the opportunity to find their own way, make their own mistakes, and create their own wisdom is both brave and vulnerable. It can also mean unlearning our ''fix it'' habits. In this practical and inspiring book, Michael shares seven transformative questions that can make a difference in how we lead and support. And, he guides us through the tricky part - how to take this new information and turn it into habits and a daily practice. -Brené Brown, author of Rising Strong and Daring Greatly Drawing on years of experience training more than 10,000 busy managers from around the globe in practical, everyday coaching skills, Bungay Stanier reveals how to unlock your peoples' potential. He unpacks seven essential coaching questions to demonstrate how---by saying less and asking more--you can develop coaching methods that produce great results. - Get straight to the point in any conversation with The Kickstart Question - Stay on track during any interaction with The AWE Question - Save hours of time for yourself with The Lazy Question, and hours of time for others with The Strategic Question - Get to the heart of any interpersonal or external challenge with The Focus Question and The Foundation Question - Finally, ensure others find your coaching as beneficial as you do with The Learning Question A fresh, innovative take on the traditional how-to manual, the book combines insider information with research based in neuroscience and behavioural economics, together with interactive training tools to turn practical advice into practiced habits. Dynamic question-and-answer sections help identify old habits and kick-start new behaviour, making sure you get the most out of all seven chapters. Witty and conversational, The Coaching Habit takes your work--and your workplace--from good to great.@UdieChima Yes, wonderful book!
Big Debt Crises
Ray Dalio
Some books to learn more: Big Debt Crises by @RayDalio The Price of Tomorrow by @JeffBooth This Time is Different by @carmenmreinhart & @krogoff The Rise and Fall of Great Powers by Paul Kennedy When Money Dies by Adam Fergusson The Bitcoin Standard by @saifedean Enjoy.
This Time Is Different
Carmen M. Reinhart
Examines financial crises of the past and discusses similarities between these events and the current crisis, presenting and comparing historical patterns in bank failures, inflation, debt, currency, housing, employment, and government spending.Some books to learn more: Big Debt Crises by @RayDalio The Price of Tomorrow by @JeffBooth This Time is Different by @carmenmreinhart & @krogoff The Rise and Fall of Great Powers by Paul Kennedy When Money Dies by Adam Fergusson The Bitcoin Standard by @saifedean Enjoy.
The Bitcoin Standard
Saifedean Ammous
When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally-accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. While Bitcoin is a new invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse. With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin’s real competitive edge might just be as a store of value and network for final settlement of large payments—a digital form of gold with a built-in settlement infrastructure. Ammous’ firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders. The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knock-offs, and the many supposed applications of Bitcoin’s ‘blockchain technology’? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet’s decentralized, apolitical, free-market alternative to national central banks.Some books to learn more: Big Debt Crises by @RayDalio The Price of Tomorrow by @JeffBooth This Time is Different by @carmenmreinhart & @krogoff The Rise and Fall of Great Powers by Paul Kennedy When Money Dies by Adam Fergusson The Bitcoin Standard by @saifedean Enjoy.
Going for Broke
Michael Moritz
An inside story of the Chrysler Corporation details the history of the automobile manufacturer, its critical problems, and Iacocca's attempts to turn the dying company aroundPast lives https://t.co/5bcJzoF0Td
Setting the Table
Danny Meyer
A landmark, bestselling business book and a fascinating behind-the-scenes history of the creation of Danny's most famous eating establishments, Setting the Table is a treasure trove of valuable, innovative insights applicable to any business or organization.@schlaf @dhmeyer Danny’s book is one of my all time favorites. Great pick.
This Time Is Different
Carmen M. Reinhart
Examines financial crises of the past and discusses similarities between these events and the current crisis, presenting and comparing historical patterns in bank failures, inflation, debt, currency, housing, employment, and government spending.@TheBondFreak Read the books, Big Debt Crises and/or This Time Is Different. It’s a currency failure. This is what happens.
How Asia Works
Joe Studwell
Book 21 Lesson: No significant economy has successfully developed through policies of free trade and deregulation. What works: capital accumulation through household farming, manufacturing focused on exports, and regulated banks supporting these efforts. https://t.co/NPy9JJ4H6q
The Carolina Way
Dean Smith
The most successful coach in college basketball history shares his complete coaching philosophy and demonstrates how to apply it to the leadership and team-building challenges in one's professional and personal life, emphasizing the three key principles of Play Hard, Play Smart, and Play Together. Re[romt/@BooksChatterBot This is a cool idea! Please add all the books found at the following link. These are the best of the best - the top 5% of what is now over 600 books read and summarized https://t.co/SP0CSgfSzT
Plain Talk
Ken Iverson
A renowned business leader who remains CEO of the steel industry giant he created shares his ideas and observations on how to grow a world-class organization and the principles behind his very successful management style.@BooksChatterBot This is a cool idea! Please add all the books found at the following link. These are the best of the best - the top 5% of what is now over 600 books read and summarized https://t.co/SP0CSgfSzT
It's Your Ship
Captain D. Michael Abrashoff
The story of Captain D. Michael Abrashoff and his command of USS Benfold has become legendary inside and outside the Navy. Now Abrashoff offers this fascinating tale of top-down change for anyone trying to navigate today's uncertain business seas. When Captain Abrashoff took over as commander of USS Benfold, a ship armed with every cutting-edge system available, it was like a business that had all the latest technology but only some of the productivity. Knowing that responsibility for improving performance rested with him, he realized he had to improve his own leadership skills before he could improve his ship. Within months he created a crew of confident and inspired problem-solvers eager to take the initiative and take responsibility for their actions. The slogan on board became "It's your ship," and Benfold was soon recognized far and wide as a model of naval efficiency. How did Abrashoff do it? Against the backdrop of today's United States Navy-Benfold was a key player in our Persian Gulf fleet-Abrashoff shares his secrets of successful management including: See the ship through the eyes of the crew: By soliciting a sailor's suggestions, Abrashoff drastically reduced tedious chores that provided little additional value. Communicate, communicate, communicate: The more Abrashoff communicated the plan, the better the crew's performance. His crew would eventually call him "Megaphone Mike," since they heard from him so often. Create discipline by focusing on purpose: Discipline skyrocketed when Abrashoff's crew believed that what they were doing was important. Listen aggressively: After learning that many sailors wanted to use the GI Bill, Abrashoff brought a test official aboard the ship-and held the SATs forty miles off the Iraqi coast. From achieving amazing cost savings to winning the highest gunnery score in the Pacific Fleet, Captain Abrashoff's extraordinary campaign sent shock waves through the U.S. Navy. It can help you change the course of your ship, no matter where your business battles are fought.@BooksChatterBot This is a cool idea! Please add all the books found at the following link. These are the best of the best - the top 5% of what is now over 600 books read and summarized https://t.co/SP0CSgfSzT
- There is a growing gap between the theory and the practice of component-based software design. The theory largely assumes that the design task is to develop specifications for software components; in reality, however, most component-based design relies on preexisting components, which have preexisting specifications. With more and more software being developed from commercially available components, it is increasingly critical to recognize the novel challenges and unfamiliar constraints inherent in such design. Describing a number of proven techniques, this book provides much-needed guidance on how to build component-based systems in a real working environment. "Building Systems from Commercial Components" is divided into three parts: Part I identifies the design challenges posed by commercial components, presents specific engineering techniques that meet those challenges, and describes workflows for incorporating those techniques into an existing development process. Part II features an extended case study of a project from the authors' own experience, with each chapter illustrating the challenges posed by commercial components and the techniques used to meet those challenges. Part III provides advice on how to get started using the techniques described in the book, and makes some predictions about the future course of component-based development. This book is intended for anyone who practices, or wishes to practice, component-based software development. System architects, chief engineers, project managers, chief technology officers, and front-line software engineers and programmers will each find here something of immediate value. The authors, through their work at the Software Engineering Institute, are able to share a broad and practical understanding of both the problems you will face and the solutions you will require as you design component-based systems. 0201700646B06072001
@ruthmalan (See my collection of system engineering books. And books from the domain of civil architecture).
This is Service Design Thinking
Marc Stickdorn
How to design and market services to create outstanding customer experiences Service design thinking is the designing and marketing of services that improve the customer experience, and the interactions between the service providers and the customers. If you have two coffee shops right next to each other, and each sell the exact same coffee at the exact same price, service design is what makes you walk into one and not the other. Maybe one plays music and the other doesn't. Maybe one takes credit cards and the other is cash only. Maybe you like the layout of one over the other, or one has more comfortable seating. Maybe the staff at one is friendlier, or draws fun shapes on the top of their lattes. All of these nuances relate to service design. This Is Service Design Thinking combines the knowledge of twenty-three international authors and even more online contributors from the global service design community and is divided into three sections: Basics: outlines service design thinking along five basic principles Tools: describing a variety of tools and methods used in Service Design Thinking Cases: vivid examples for the introduced fundamentals with real-life case studies from 5 companies that did inspiring projects within the field of Service Design At the end, a one-page "Customer Journey Canvas" is included, which can be used to quickly sketch any service on a single sheet of paper—capturing different stakeholder concerns: e.g. customers, front-line staff and management.@MrStickdorn @SamuelHulick @erniedesigns @ChrisRisdon @ptquattlebaum Also an excellent book.
Monetizing Innovation
Madhavan Ramanujam
"The book explains how most companies get sidetracked by Product-Driven Thinking and how to innovate by starting with the price customers will pay, and creating the product for that price. It will present a process that Simon-Kucher & Partners has used to help dozens of others avoid innovation failure by making pricing and marketing their guiding light throughout the product development process"--6 books (current list; one is a re-read) 6 tags: @kevinakwok @patrick_oshag @ashfontana @AliBHamed @briannekimmel @juliadewahl https://t.co/CzFayfRDby https://t.co/yUl1q96RL4
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.@JasonBordoff @Ed_Crooks @shannonpareil @AimeePKeane @rkapkap @turi @aasseily @christianhern @matthewclifford @TheAnnaGat @chris_wigley @azeem @brettbivens @gonsanchezs @sowers @eporres @rahulpowar @cee @itsflamant @robertwrighter @KimGhattas @arusbridger @MazzucatoM @drissbb @jtepper2 @shumonbasar @zinkovigor @MatildeGiglio @h0d3r @emmavj @Zielina @hannahsarney @YuanfenYang @rasmus_kleis @mfilippino @ointhefield @lilahrap @Emiliyadotcom @CardiffGarcia @BobbyAllyn @EricGPlatt @SycoraxPine @elliottholt @annaknicolaou @ConorDougherty @bermanjeff @neal_katyal @dpatil @OSullivanMeghan @jahimes no photo as mine are all digital: + Path of Least Resistance by Robert Fritz + The History of Christian Theology by Phillip Cary + Thinking in Bets by Annie Duke + Dominion by Tom Holland + Disunited Nations by Peter Zeihan + LifeSpan by David Sinclair
Why Information Grows
Cesar Hidalgo
@Alex_Danco I love that book
The Origin of Wealth
Eric D. Beinhocker
What is wealth?How is it created? And how can we create more of it for the benefit of individuals, businesses, and societies?In The Origin of Wealth,Eric Beinhocker provides provocative new answers to these fundamental questions. Beinhocker surveys the cutting-edge ideas of economists and scientists and brings their work alive for a broad audience. These researchers, he explains, are revolutionizing economics by showing how the economy is an evolutionary system, much like a biological system. It is economic evolution that creates wealth and has taken us from the Stone Age to the $36.5 trillion global economy of today. By better understanding economic evolution, Beinhocker writes, we can better understand how to create more wealth. The author shows how “complexity economics” is turning conventional wisdom on its head in areas ranging from business strategy and organizational design to investment strategy and public policy. As sweeping in scope as its title,The Origin of Wealthwill rewire our thinking about the workings of the global economy and where it is going.@gasca Can I do another book? The Beautiful Fall documenting the YSL vs Karl Lagerfeld feud. Just read the first 15 pages. It oozes with glamor and fashion.
Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.@ianstarz I find I really get engrossed by books about tech fraud/over-exuberance, so the book about theranos, super pumped about uber, American kingpin about Silk Road, mastermind about Paul le roux. Classic disaster stories with fascinating central characters.
The Ethical Algorithm
Michael Kearns
Over the course of a generation, algorithms have gone from mathematical abstractions to powerful mediators of daily life. Algorithms have made our lives more efficient, more entertaining, and, sometimes, better informed. At the same time, complex algorithms are increasingly violating the basic rights of individual citizens. Allegedly anonymized datasets routinely leak our most sensitive personal information; statistical models for everything from mortgages to college admissions reflect racial and gender bias. Meanwhile, users manipulate algorithms to "game" search engines, spam filters, online reviewing services, and navigation apps. Understanding and improving the science behind the algorithms that run our lives is rapidly becoming one of the most pressing issues of this century. Traditional fixes, such as laws, regulations and watchdog groups, have proven woefully inadequate. Reporting from the cutting edge of scientific research, The Ethical Algorithm offers a new approach: a set of principled solutions based on the emerging and exciting science of socially aware algorithm design. Michael Kearns and Aaron Roth explain how we can better embed human principles into machine code - without halting the advance of data-driven scientific exploration. Weaving together innovative research with stories of citizens, scientists, and activists on the front lines, The Ethical Algorithm offers a compelling vision for a future, one in which we can better protect humans from the unintended impacts of algorithms while continuing to inspire wondrous advances in technology.6 books within reach and 6 tags https://t.co/tpjgazRG0a @GavinSBaker @MorrowBailey1 @LibertyRPF @MinionCapital @NonGaap @Alex_Danco https://t.co/iNy9ilwyNc
High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinates6 books within reach and 6 tags https://t.co/tpjgazRG0a @GavinSBaker @MorrowBailey1 @LibertyRPF @MinionCapital @NonGaap @Alex_Danco https://t.co/iNy9ilwyNc
On Classical Economics
Thomas Sowell
Thomas Sowell's many writings on the history of economic thought have appeared in a number of scholarly journals and books, and these writings have been praised, reprinted, and translated in various countries around the world. The classical era in the history of economics is an important part of the history of ideas in general, and its implications reach beyond the bounds of the economics profession. On Classical Economics is a book from which students can learn both history and economics. It is not simply a Cook's tour of colorful personalities of the past but a study of how certain economic concepts and tools of analysis arose, and how their implications were revealed during the controversies that followed. In addition to a general understanding of classical macroeconomics and microeconomics, this book offers special insight into the neglected pioneering work of Sismondi--and why it was neglected--and a detailed look at John Stuart Mill's enigmatic role in the development of economics and the mysteries of Marxian economics. Clear, engaging, and very readable, without being either cute or condescending, On Classical Economics can enable a course on the history of economic thought to make a contribution to students’ understanding of economics in general--whether in price theory, monetary theory, or international trade. In short, it is a book about analysis as well as history.@rivatez Bedside... https://t.co/BYggNtQOCj
Billion Dollar Whale
Bradley Hope
Named a Best Book of 2018 by the Financial Times and Fortune, this New York Times bestseller about the 1MDB scandal exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, BILLION DOLLAR WHALE is "an epic tale of white-collar crime on a global scale" (Publishers Weekly, starred review), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. BILLION DOLLAR WHALE has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.A quick, fascinating read on 1MDB: a wild tale of money laundering, sovereign wealth funds, corrupt politicians, bought off celebrities plus the bankers, lawyers and accountants who enabled them https://t.co/8FKN0SGvkN
The Sovereign Individual
James Dale Davidson
The authors identify both the likely disasters and the potential for prosperity inherent in the advent of the information age.Took a fresh read of Sovereign Individual - was really ahead of it's time, a lot of original thinking (some really out there stuff too) https://t.co/DdhNsgBMfP
The Bitcoin Standard
Saifedean Ammous
When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally-accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. While Bitcoin is a new invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse. With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin’s real competitive edge might just be as a store of value and network for final settlement of large payments—a digital form of gold with a built-in settlement infrastructure. Ammous’ firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders. The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knock-offs, and the many supposed applications of Bitcoin’s ‘blockchain technology’? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet’s decentralized, apolitical, free-market alternative to national central banks.@Changerrrs @100trillionUSD One of the best books on the market for Bitcoin. Highly recommend it. @saifedean
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.@brandonkeao That's a really great book!
Unlearn
Barry O'Reilly
The transformative system that shows leaders how to rethink their strategies, retool their capabilities, and revitalize their businesses for stronger, longer-lasting success. There’s a learning curve to running any successful business. But once you begin to rely on past achievements or get stuck in outdated thinking and practices that no longer work, you need to take a step back—and unlearn. This innovative and actionable framework from executive coach Barry O’Reilly shows you how to break the cycle of behaviors that were effective in the past but are no longer relevant in the current business climate, and now limit or may even stand in the way of your success. With this simple but powerful three-step system, you’ll discover how to: 1. Unlearn the behaviors and mindsets that prevent you and your businesses from moving forward. 2. Relearn new skills, strategies, and innovations that are transforming the world every day. 3. Break through old habits and thinking by opening up to new ideas and perspectives to achieve extraordinaryresults. Packed with relatable anecdotes and real-world examples, this unique resource walks you through every step of the unlearning process. You’ll discover new ways of thinking and leading in every industry. You’ll identify what you need to unlearn, what to stop, what to keep, and what to change. By intentionally and routinely applying the system of unlearning, you’ll be able to adapt your mindset, adopt new behaviors, acquire new skills, and explore new options that will totally transform your performance and the business you lead. This book will help you let go of the past, and encourage your teams and organization to do the same. When you think big but start small, choose courage over comfort, and become curious to tackle uncertainty, you can achieve new levels of success you never dreamed possible. Good leaders know they need to continuously learn. But great leaders know when to unlearn the past to succeed in the future. This book shows you the way.The Age of Surveillance Capitalism
Shoshana Zuboff
Debt - Updated and Expanded
David Graeber
A revised and updated edition of the international bestseller. Graeber, one of the early organisers of Occupy Wall Street and a well regarded academic, presents a stunning reversal of conventional wisdom; he shows that before there was money, there was debt. For more than 5000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods, long before the invention of cash. It is in this era, Graeber argues, that we first see a society divided between debtors and creditors.@dhaber @Alex_Danco damn been meaning to read both of these. assume both fans of each book? Also love cameo in Schwab bio when him and one of KKR founders were tennis buddies talking about the new opportunities. and then went off and did those two companies haha
Merchants of Debt
George Anders
Originally published: New York, NY: BasicBooks, c1992.@dhaber @Alex_Danco damn been meaning to read both of these. assume both fans of each book? Also love cameo in Schwab bio when him and one of KKR founders were tennis buddies talking about the new opportunities. and then went off and did those two companies haha
Kochland
Christopher Leonard
NEW YORK TIMES BESTSELLER * NEW YORK TIMES NOTABLE BOOK OF 2019 * WINNER OF THE J ANTHONY LUKAS WORK-IN-PROGRESS AWARD * FINANCIAL TIMES’ BEST BOOKS OF 2019 * NPR FAVORITE BOOKS OF 2019 * FINALIST FOR THE FINACIAL TIMES/MCKINSEY BUSINESS BOOK OF 2019 * KIRKUS REVIEWS BEST BOOKS OF 2019 * SCHOOL LIBRARY JOURNAL BEST BOOKS OF 2019 “Superb…Among the best books ever written about an American corporation.” —Bryan Burrough, The New York Times Book Review Just as Steve Coll told the story of globalization through ExxonMobil and Andrew Ross Sorkin told the story of Wall Street excess through Too Big to Fail, Christopher Leonard’s Kochland uses the extraordinary account of how one of the biggest private companies in the world grew to be that big to tell the story of modern corporate America. The annual revenue of Koch Industries is bigger than that of Goldman Sachs, Facebook, and US Steel combined. Koch is everywhere: from the fertilizers that make our food to the chemicals that make our pipes to the synthetics that make our carpets and diapers to the Wall Street trading in all these commodities. But few people know much about Koch Industries and that’s because the billionaire Koch brothers have wanted it that way. For five decades, CEO Charles Koch has kept Koch Industries quietly operating in deepest secrecy, with a view toward very, very long-term profits. He’s a genius businessman: patient with earnings, able to learn from his mistakes, determined that his employees develop a reverence for free-market ruthlessness, and a master disrupter. These strategies made him and his brother David together richer than Bill Gates. But there’s another side to this story. If you want to understand how we killed the unions in this country, how we widened the income divide, stalled progress on climate change, and how our corporations bought the influence industry, all you have to do is read this book. Seven years in the making, Kochland “is a dazzling feat of investigative reporting and epic narrative writing, a tour de force that takes the reader deep inside the rise of a vastly powerful family corporation that has come to influence American workers, markets, elections, and the very ideas debated in our public square. Leonard’s work is fair and meticulous, even as it reveals the Kochs as industrial Citizens Kane of our time” (Steve Coll, Pulitzer Prize–winning author of Private Empire).Am currently reading the book pairings of Kochland (Koch Industries) and Rise of the Conservative Legal Movement (Federalist Society) Both very worth reading, regardless of political leaning. In fact, especially if liberal.
Strong Medicine
Michael Kremer
"The public health of the developing world is the single issue of greatest significance for humanity over the next half century. This important book offers thoughtful analysis and practical ideas for confronting and addressing this issue through research and development of lifesaving vaccines."--Lawrence H. Summers, President, Harvard University "Michael Kremer and Rachel Glennerster have produced a work of outstanding importance to the well-being of developing countries. "There are five billion people in the poor world, many suffering from debilitating or fatal diseases. The potential gains in overcoming this human suffering from the development of effective and cost-efficient vaccines are enormous. Yet the economic purchasing power of the rich world favors the development of vaccines and drugs for the rich world. Strong Medicine presents workable incentives for research and development to respond more powerfully to the human needs of poor people. Kremer and Glennerster have produced results that deserve the attention of all those who work in development and that chart a way forward for one of the greatest issues of our time."--Nicholas Stern, Second Permanent Secretary at HM Treasury in the United Kingdom, Visiting Professor at the London School of Economics, and former Chief Economist of the World Bank "Strong Medicine is full of insights that can make a real difference to the morbid world in which we live. It combines powerful analytical reasoning with practical insights and empirical knowledge to explore a highly promising way of expanding incentives for medicinal research. The possibility of making a significant difference through a commitment to purchase effective vaccines as and when they are developed is thoroughly scrutinized in this definitive investigation, for which we have reason to be grateful."--Amartya Sen, Harvard University, Nobel Laureate in Economic Sciences "This important book, on how to design markets for drugs to treat millions of diseased people in the developing world, has the added advantage of being an interesting read. The authors convey very well the intellectual excitement associated today with putting mechanism design into practice. They take the reader, one step at a time, through the various levels at which problems might arise and then show how the design is meant to take care of these problems."--Abhijit Banerjee, Massachusetts Institute of Technology "Michael Kremer is likely the most thoughtful advocate of an exciting new approach for tackling the scourges of AIDS, malaria, and other diseases that primarily afflict the populations of less developed countries. In this book, he and Rachel Glennerster offer by far the most complete discussion I have seen of why this approach--one that would see authorities stimulate private efforts to develop medical treatment by providing a guaranteed market for them--should be adopted, and of how to deal with problems of implementation and design."--Kenneth Sokoloff, University of California, Los Angeles@rglenner and Michael Kremer wrote a book on Advance Market Commitments – 'Strong Medicine: Creating Incentives for Pharmaceutical Research on Neglected Diseases' https://t.co/tlx66MRpFV https://t.co/Pzi3vRxWPE
Radical Candor
Kim Scott
Featuring a new preface, afterword and Radically Candid Performance Review Bonus Chapter, the fully revised & updated edition of Radical Candor is packed with even more guidance to help you improve your relationships at work. 'Reading Radical Candor will help you build, lead, and inspire teams to do the best work of their lives.' Sheryl Sandberg, author of Lean In. If you don't have anything nice to say then don't say anything at all . . . right? While this advice may work for home life, as Kim Scott has seen first hand, it is a disaster when adopted by managers in the work place. Scott earned her stripes as a highly successful manager at Google before moving to Apple where she developed a class on optimal management. Radical Candor draws directly on her experiences at these cutting edge companies to reveal a new approach to effective management that delivers huge success by inspiring teams to work better together by embracing fierce conversations. Radical Candor is the sweet spot between managers who are obnoxiously aggressive on the one side and ruinously empathetic on the other. It is about providing guidance, which involves a mix of praise as well as criticism – delivered to produce better results and help your employees develop their skills and increase success. Great bosses have a strong relationship with their employees, and Scott has identified three simple principles for building better relationships with your employees: make it personal, get stuff done, and understand why it matters. Radical Candor offers a guide to those bewildered or exhausted by management, written for bosses and those who manage bosses. Drawing on years of first-hand experience, and distilled clearly to give practical advice to the reader, Radical Candor shows you how to be successful while retaining your integrity and humanity. Radical Candor is the perfect handbook for those who are looking to find meaning in their job and create an environment where people love both their work and their colleagues, and are motivated to strive to ever greater success.Book 18 Lesson: A work culture where criticism is given from a place of caring for one another’s success is scarier but safer. Members of the team feel where their behavior has been deficient, but it ultimately helps everyone get closer to achieving their goals. https://t.co/y9XAJjDZPp
Common Stocks and Uncommon Profits and Other Writings
Philip A. Fisher
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction "I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments." —Warren Buffet@_adityarajan the best book on investing ever written: Common Stocks and Uncommon Profits by Phil Fisher @PalmettoCapital
Alchemy
Rory Sutherland
The legendary advertising guru—Ogilvy UK’s vice chairman—and star of three massively popular TED Talks, blends the science of human behavior with his vast experience in the art of persuasion in this incomparable book that decodes successful branding and marketing in the vein of Freakonomics, Thinking Fast and Slow, and The Power of Habit. When Rory Sutherland was a trainee working on a direct mail campaign at the famed advertising firm OgilvyOne, he noticed that very small changes in design often had immense effects on the number of consumer responses. Yet no one he worked with knew why. Sutherland began taking stock of each effective yet nebulous trick—”the thing which has no name”—he discovered. As he rose in the advertising industry, he began to understand why these things had no name: no one was interested in quantifying them, cataloguing them, or really investigating them. So, he did it himself. Like classic behavioral economists Daniel Kahneman and Richard Thaler, Sutherland peels away hidden, often irrational human behaviors that explain how the world around us functions. In How to Be an Alchemist he examines why certain ads work and the broader truths they tell us about who we are. Why do people prefer stripy toothpaste, and how might that help us design retirement plans that young people would actually buy? Why do we think orange juice is healthy, and how does the same principle guide our feelings about nuclear reactors? Why do budget airlines advertise services they don’t offer—and what might insurance companies learn from them about keeping healthcare costs low? Filled with startling and profound conclusions, Sutherland’s journey through the world of advertising and its surprising lessons for human behavior is insightful, brilliant, eye-opening, and irresistibly fun.our second book in the @TWiStartups book club is "Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life" by @rorysutherland Monday May 11th and 18th at 6pm PT https://t.co/0rgm8dRxXd (join the #books room) https://t.co/6h40tNqLkF
Angel
Jason Calacanis
@MitchfromOhio it's only the top 7 investments... i've made over 200. :-) read my book https://t.co/aMsoEHSPER
The Deals of Warren Buffett Volume 2
Glen Arnold
Enjoyed reading this sequel by Glen Arnold on Buffett's investment journey. https://t.co/ykkwWLwvtL
No Filter
Sarah Frier
Award-winning reporter Sarah Frier reveals an inside, never-before-told, behind-the-scenes look at how Instagram defied the odds to become one of the most culturally defining apps of the decade. Since its creation in 2010, Instagram’s fun and simple interface has captured our collective imagination, swiftly becoming a way of life. In No Filter: The Inside Story of Instagram, technology reporter Sarah Frier explains how Instagram’s founders married art and technology to overcome skeptics and to hook the public on visual storytelling. At first, Instagram initially attracted artisans, but then the platform exploded in popularity among the masses, creating an entire industry of digital influencers that’s now worth tens of billions of dollars. Eighteen months after Instagram’s launch and explosive growth, the founders—Kevin Systrom and Mike Krieger—made the gut-wrenching decision to sell the company to Facebook. For most companies, that would be the end of the story; but for Instagram, it was only the beginning. Instagram borrowed some lessons from Facebook and rejected others, until eventually its success stirred tension with Facebook’s CEO Mark Zuckerberg, just as Facebook became embroiled in a string of public crises. Frier unearths the details that led to the cofounders’ departure, bringing to light dramatic moments unknown to the public until now. At its heart, No Filter draws on unprecedented exclusive access—from the founders of Instagram, as well as employees, executives, and competitors; hedge fund billionaire Ray Dalio; Anna Wintour of Vogue; Kris Jenner of the Kardashian-Jenner empire; and a plethora of influencers, from fashionistas with millions of followers to owners of famous dogs worldwide—to show how Instagram has fundamentally changed the way we communicate, shop, eat, and travel. The book brings readers inside users’ strategies to craft their personal image and fame, explaining how the company’s product decisions have affected the structure of our society. From teenagers to the pope, No Filter tells the captivating story of how Instagram not only created a new industry but also changed our lives.Talking with @sarahfrier about her excellent Instagram book ‘No Filter’ at 11am PT. Sign up to watch here https://t.co/Y1P1ubFBXP And buy the book here https://t.co/4b3aJ7dQdT
Good Strategy, Bad Strategy
Richard P. Rumelt
Argues that a manager's central responsibility is to create and implement strategies, challenges popular motivational practices, and shares anecdotes discussing how to enable action-oriented plans for real-world results.@abhirajbutala Amazing book. Changed the way I interpreted the word “strategy” - Goals != strategy - If you don’t leave out something, it’s not a strategy - “We will beat competitors” isn’t a strategy
The Dao of Capital
Mark Spitznagel
Combing ancient Daoist philosophy with old school Austrian economics, this timely resource presents a singular approach to investing that illuminates the market's natural homeostatic processes.I just buy the books @rivatez tells me to https://t.co/2qzRsSHzVM
No Filter
Sarah Frier
Award-winning reporter Sarah Frier reveals an inside, never-before-told, behind-the-scenes look at how Instagram defied the odds to become one of the most culturally defining apps of the decade. Since its creation in 2010, Instagram’s fun and simple interface has captured our collective imagination, swiftly becoming a way of life. In No Filter: The Inside Story of Instagram, technology reporter Sarah Frier explains how Instagram’s founders married art and technology to overcome skeptics and to hook the public on visual storytelling. At first, Instagram initially attracted artisans, but then the platform exploded in popularity among the masses, creating an entire industry of digital influencers that’s now worth tens of billions of dollars. Eighteen months after Instagram’s launch and explosive growth, the founders—Kevin Systrom and Mike Krieger—made the gut-wrenching decision to sell the company to Facebook. For most companies, that would be the end of the story; but for Instagram, it was only the beginning. Instagram borrowed some lessons from Facebook and rejected others, until eventually its success stirred tension with Facebook’s CEO Mark Zuckerberg, just as Facebook became embroiled in a string of public crises. Frier unearths the details that led to the cofounders’ departure, bringing to light dramatic moments unknown to the public until now. At its heart, No Filter draws on unprecedented exclusive access—from the founders of Instagram, as well as employees, executives, and competitors; hedge fund billionaire Ray Dalio; Anna Wintour of Vogue; Kris Jenner of the Kardashian-Jenner empire; and a plethora of influencers, from fashionistas with millions of followers to owners of famous dogs worldwide—to show how Instagram has fundamentally changed the way we communicate, shop, eat, and travel. The book brings readers inside users’ strategies to craft their personal image and fame, explaining how the company’s product decisions have affected the structure of our society. From teenagers to the pope, No Filter tells the captivating story of how Instagram not only created a new industry but also changed our lives.My copy is sitting in our closed office, but I look forward to reading @sarahfrier's book on Instagram. First chapter reads great, story of Systrom in Florence with a Holga is gripping. Congrats Sarah! https://t.co/GlKA6g8Kx7 https://t.co/vQHKdC82Yg
No Filter
Sarah Frier
Award-winning reporter Sarah Frier reveals an inside, never-before-told, behind-the-scenes look at how Instagram defied the odds to become one of the most culturally defining apps of the decade. Since its creation in 2010, Instagram’s fun and simple interface has captured our collective imagination, swiftly becoming a way of life. In No Filter: The Inside Story of Instagram, technology reporter Sarah Frier explains how Instagram’s founders married art and technology to overcome skeptics and to hook the public on visual storytelling. At first, Instagram initially attracted artisans, but then the platform exploded in popularity among the masses, creating an entire industry of digital influencers that’s now worth tens of billions of dollars. Eighteen months after Instagram’s launch and explosive growth, the founders—Kevin Systrom and Mike Krieger—made the gut-wrenching decision to sell the company to Facebook. For most companies, that would be the end of the story; but for Instagram, it was only the beginning. Instagram borrowed some lessons from Facebook and rejected others, until eventually its success stirred tension with Facebook’s CEO Mark Zuckerberg, just as Facebook became embroiled in a string of public crises. Frier unearths the details that led to the cofounders’ departure, bringing to light dramatic moments unknown to the public until now. At its heart, No Filter draws on unprecedented exclusive access—from the founders of Instagram, as well as employees, executives, and competitors; hedge fund billionaire Ray Dalio; Anna Wintour of Vogue; Kris Jenner of the Kardashian-Jenner empire; and a plethora of influencers, from fashionistas with millions of followers to owners of famous dogs worldwide—to show how Instagram has fundamentally changed the way we communicate, shop, eat, and travel. The book brings readers inside users’ strategies to craft their personal image and fame, explaining how the company’s product decisions have affected the structure of our society. From teenagers to the pope, No Filter tells the captivating story of how Instagram not only created a new industry but also changed our lives.Always Day One
Alex Kantrowitz
At Amazon, 'Day One' is code for working inventively and urgently, as if it were the first day of your startup. Amazon and its fellow tech giants are under fire for their size and power, but there's more to their story than anti-competitive practices and tax avoidance. These companies have kept ahead of the competition by embracing a new leadership model, one built for an age where companies can spin up new products and services at record speed. For these new goliaths, it's always day one. Go behind the scenes with first-time interviews and exclusive scoops with all the major players - Pichai, Nadella, Zuckerberg, and Bezos.As an "insider", I'm often pleasantly surprised when I learn something new from books in tech. @Kantrowitz's "Always Day One" is a really fun read. Especially learned a bunch on how Amazon's memo process/culture that I didn't know of before.
No Filter
Sarah Frier
Award-winning reporter Sarah Frier reveals an inside, never-before-told, behind-the-scenes look at how Instagram defied the odds to become one of the most culturally defining apps of the decade. Since its creation in 2010, Instagram’s fun and simple interface has captured our collective imagination, swiftly becoming a way of life. In No Filter: The Inside Story of Instagram, technology reporter Sarah Frier explains how Instagram’s founders married art and technology to overcome skeptics and to hook the public on visual storytelling. At first, Instagram initially attracted artisans, but then the platform exploded in popularity among the masses, creating an entire industry of digital influencers that’s now worth tens of billions of dollars. Eighteen months after Instagram’s launch and explosive growth, the founders—Kevin Systrom and Mike Krieger—made the gut-wrenching decision to sell the company to Facebook. For most companies, that would be the end of the story; but for Instagram, it was only the beginning. Instagram borrowed some lessons from Facebook and rejected others, until eventually its success stirred tension with Facebook’s CEO Mark Zuckerberg, just as Facebook became embroiled in a string of public crises. Frier unearths the details that led to the cofounders’ departure, bringing to light dramatic moments unknown to the public until now. At its heart, No Filter draws on unprecedented exclusive access—from the founders of Instagram, as well as employees, executives, and competitors; hedge fund billionaire Ray Dalio; Anna Wintour of Vogue; Kris Jenner of the Kardashian-Jenner empire; and a plethora of influencers, from fashionistas with millions of followers to owners of famous dogs worldwide—to show how Instagram has fundamentally changed the way we communicate, shop, eat, and travel. The book brings readers inside users’ strategies to craft their personal image and fame, explaining how the company’s product decisions have affected the structure of our society. From teenagers to the pope, No Filter tells the captivating story of how Instagram not only created a new industry but also changed our lives.@ehengel @TheStalwart @sarahfrier It is written by the same person who wrote an entire book on them and has more access than most people : https://t.co/Vr7UMOvNCV
Radical Uncertainty
John Kay
Much economic advice is bogus quantification, warn two leading experts in this essential book. Invented numbers offer false security; we need instead robust narratives that yield the confidence to manage uncertainty.Books for today’s times. https://t.co/Q8dSe9wTP4
Think Like a Rocket Scientist
Ozan Varol
A veteran of the Mars Rover project reveals the habits, ideas, and strategies that will help your once-impossible ambitions achieve liftoff. We're experiencing a second age of spaceflight, and the renaissance of rocket science is captivating the world. Movies and television shows set in this sphere consistently top the charts, and millions tune in to watch SpaceX launches. Although we glamorize rocket science, we assume that it's beyond comprehension by mere mortals who don't have a special kind of genius baked into their DNA (hence the common saying, "It's not rocket science"). Yet while the complex math and scientific details of building rockets may be out of our reach, the principles that guide the discipline don't have to be. In this mind-expanding book, Ozan Varol, an actual rocket scientist, shows how the strategies that built the Apollo 11 can help you achieve your own moon shot. Think Like a Rocket Scientist teaches you how to attack previously unsolved problems, how to overcome everyday obstacles to grand ambitions, and much more. A deeply knowledgeable scholar with a breezy, contrarian voice, Varol inspires us not only to dream big--but to achieve those dreams too.Books for today’s times. https://t.co/Q8dSe9wTP4
The Creature from Jekyll Island
G. Edward Griffin
G. Edward Griffin is to be commended for this splendid work. At first glance The Creature from Jekyll Island is a huge book. While this may be daunting to some, once the book is actually started, it flows smoothly and reads quickly. There are so many fascinating tidbits of information here that the reader won't even be concerned about the size of the book. The title refers to the formation of the Federal Reserve System, which occurred at a secret meeting at Jekyll Island, Georgia in 1910. It was at this meeting, as Griffin relates, that the "Money Trust", composed of the richest and most powerful bankers in the world, along with a U.S. Senator, wrote the proposal to launch the Federal Reserve System (which Griffin calls a banking cartel) to control the financial system so that the bankers will always come out on top.@patrickdonley7 @thatzenboi @Bizniz203 @JeffBooth @APompliano Yeah great book.
No Filter
Sarah Frier
Award-winning reporter Sarah Frier reveals an inside, never-before-told, behind-the-scenes look at how Instagram defied the odds to become one of the most culturally defining apps of the decade. Since its creation in 2010, Instagram’s fun and simple interface has captured our collective imagination, swiftly becoming a way of life. In No Filter: The Inside Story of Instagram, technology reporter Sarah Frier explains how Instagram’s founders married art and technology to overcome skeptics and to hook the public on visual storytelling. At first, Instagram initially attracted artisans, but then the platform exploded in popularity among the masses, creating an entire industry of digital influencers that’s now worth tens of billions of dollars. Eighteen months after Instagram’s launch and explosive growth, the founders—Kevin Systrom and Mike Krieger—made the gut-wrenching decision to sell the company to Facebook. For most companies, that would be the end of the story; but for Instagram, it was only the beginning. Instagram borrowed some lessons from Facebook and rejected others, until eventually its success stirred tension with Facebook’s CEO Mark Zuckerberg, just as Facebook became embroiled in a string of public crises. Frier unearths the details that led to the cofounders’ departure, bringing to light dramatic moments unknown to the public until now. At its heart, No Filter draws on unprecedented exclusive access—from the founders of Instagram, as well as employees, executives, and competitors; hedge fund billionaire Ray Dalio; Anna Wintour of Vogue; Kris Jenner of the Kardashian-Jenner empire; and a plethora of influencers, from fashionistas with millions of followers to owners of famous dogs worldwide—to show how Instagram has fundamentally changed the way we communicate, shop, eat, and travel. The book brings readers inside users’ strategies to craft their personal image and fame, explaining how the company’s product decisions have affected the structure of our society. From teenagers to the pope, No Filter tells the captivating story of how Instagram not only created a new industry but also changed our lives.Happy pub day Sarah!! I’m about halfway through her book and it’s such a good deep dive into Instagram’s history. Check it out! https://t.co/7z6IVHDh7L
Getting Things Done
David Allen
@MikeRMedici @RobertJ88916030 Getting Things Done by David Allen https://t.co/DKF5nUFFO8
The Bitcoin Standard
Saifedean Ammous
When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally-accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. While Bitcoin is a new invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse. With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin’s real competitive edge might just be as a store of value and network for final settlement of large payments—a digital form of gold with a built-in settlement infrastructure. Ammous’ firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders. The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knock-offs, and the many supposed applications of Bitcoin’s ‘blockchain technology’? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet’s decentralized, apolitical, free-market alternative to national central banks.@FatEmperor @saifedean @pksbitcoin It's a very good book.
Merchants of Truth
Jill Abramson
The definitive report on the disruption of the news media over the last decade. With the expert guidance of former Executive Editor of The New York Times Jill Abramson, we follow two legacy (The New York Times and The Washington Post) and two upstart (BuzzFeed and VICE) companies as they plow through a revolution in technology, economics, standards, commitment, and endurance that pits old vs. new media. Merchants of Truth is the groundbreaking and gripping story of the precarious state of the news business told by one of our most eminent journalists. Jill Abramson follows four companies: The New York Times, The Washington Post, BuzzFeed, and VICE Media over a decade of disruption and radical adjustment. The new digital reality nearly kills two venerable newspapers with an aging readership while creating two media behemoths with a ballooning and fickle audience of millennials. We get to know the defenders of the legacy presses as well as the outsized characters who are creating the new speed-driven media competitors. The players include Jeff Bezos and Marty Baron (The Washington Post), Arthur Sulzberger and Dean Baquet (The New York Times), Jonah Peretti (BuzzFeed), and Shane Smith (VICE) as well as their reporters and anxious readers. Merchants of Truth raises crucial questions that concern the well-being of our society. We are facing a crisis in trust that threatens the free press. Abramson’s book points us to the future.@matthewhughes Jill Abramson, former editor of the New York Times, on how business imperatives and pageviews drove the editorial process. From her book Merchants of Truth. https://t.co/9vq9lsqxWP
Competitive Strategy
Michael E. Porter
Now nearing its sixtieth printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Electrifying in its simplicity—like all great breakthroughs—Porter’s analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies—lowest cost, differentiation, and focus—which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment. More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors, and choose competitive positions. The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing. Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter’s rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century.@AdamSinger @scheplick @dougboneparth @followtheh The Intelligent Investor (for mindset, actual approach a bit outdated) The Little Book of Valuation Competitive Strategy
The Little Book of Valuation
Aswath Damodaran
@AdamSinger @scheplick @dougboneparth @followtheh The Intelligent Investor (for mindset, actual approach a bit outdated) The Little Book of Valuation Competitive Strategy
Only the Paranoid Survive
Andrew S. Grove
We’ve all read Grove. Only the paranoid survive. https://t.co/LhdyZXFpUf https://t.co/gHFbImsKRW
Competing Against Luck
Clayton M. Christensen
Enjoyed reading this interesting piece of work by Clayton Christensen. https://t.co/3Bp4rAB3tw
Principles
Ray Dalio
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.@Coatney That’s a great book, but I figured everyone has already read it by now 😃 Tried to keep these recos to books that I don’t hear recommended as much. Principles by @RayDalio is also great (and perhaps a more modern take), I enjoyed it more than HOM.
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.Notably missing: Crossing the chasm (LOVED it in 2001, feels quite dated now) Christensen’s books (didn’t resonate a whole lot with me a decade ago, haven’t re-tried) What else?
HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen)
Harvard Business Review
Business.Book recos for new & aspiring managers, with emphasis on practical advice: The Motive What Got You Here Won't Get You There HBR’s 10 Must Reads on Managing Yourself The Charisma Myth Super Thinking HBR’s 10 Must Reads on Managing People The Practicing Stoic The Advantage More👇🏾
The Charisma Myth
Olivia Fox Cabane
Demonstrates how to improve one's persuasive abilities, sharing tools originally developed for Harvard and MIT to explain the fundamental components of charisma, what it really is, and how it works.Book recos for new & aspiring managers, with emphasis on practical advice: The Motive What Got You Here Won't Get You There HBR’s 10 Must Reads on Managing Yourself The Charisma Myth Super Thinking HBR’s 10 Must Reads on Managing People The Practicing Stoic The Advantage More👇🏾
Capital in the Twenty-First Century
Thomas Piketty
The main driver of inequality—returns on capital that exceed the rate of economic growth—is again threatening to generate extreme discontent and undermine democratic values. Thomas Piketty’s findings in this ambitious, original, rigorous work will transform debate and set the agenda for the next generation of thought about wealth and inequality.@j_edelman Have you read the excellent 800-page book Capital (in the 21st Century) by Thomas Piketty? It's a key input for me, when something like a global world war (WWII) levels all financial sectors, much as COVID-19 pandemic is doing, the playing field drastically changes for decades.
Understanding Michael Porter
Joan Magretta
Examines and explains the revolutionary business frameworks of Michael Porter, with examples to illustrate and update Porter's ideas for achieving and sustaining competitive success.Must-read books on strategy: 1. Understanding Michael Porter, by Joan Magretta 2. 7 Powers, by Hamilton Hemler 3. Good Strategy / Bad Strategy, by Richard P. Rumelt (most of the ideas above have been synthesized from these three books)
Good Strategy Bad Strategy
Richard Rumelt
Must-read books on strategy: 1. Understanding Michael Porter, by Joan Magretta 2. 7 Powers, by Hamilton Hemler 3. Good Strategy / Bad Strategy, by Richard P. Rumelt (most of the ideas above have been synthesized from these three books)
Competitive Strategy
Michael E. Porter
Now nearing its sixtieth printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Electrifying in its simplicity—like all great breakthroughs—Porter’s analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies—lowest cost, differentiation, and focus—which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment. More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors, and choose competitive positions. The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing. Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter’s rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century.@bentossell There haven't been a lot of books written on enterprise sales/ enterprise software (yet). As you know, I've mentioned "Tape Sucks" previously. Porter's "Competitive Strategy" and Moore's "Crossing the Chasm" are very relevant.
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.@bentossell There haven't been a lot of books written on enterprise sales/ enterprise software (yet). As you know, I've mentioned "Tape Sucks" previously. Porter's "Competitive Strategy" and Moore's "Crossing the Chasm" are very relevant.
Extreme Ownership
Jocko Willink
An updated edition of the blockbuster bestselling leadership book that took America and the world by storm, two U.S. Navy SEAL officers who led the most highly decorated special operations unit of the Iraq War demonstrate how to apply powerful leadership principles from the battlefield to business and life. Sent to the most violent battlefield in Iraq, Jocko Willink and Leif Babin’s SEAL task unit faced a seemingly impossible mission: help U.S. forces secure Ramadi, a city deemed “all but lost.” In gripping firsthand accounts of heroism, tragic loss, and hard-won victories in SEAL Team Three’s Task Unit Bruiser, they learned that leadership—at every level—is the most important factor in whether a team succeeds or fails. Willink and Babin returned home from deployment and instituted SEAL leadership training that helped forge the next generation of SEAL leaders. After departing the SEAL Teams, they launched Echelon Front, a company that teaches these same leadership principles to businesses and organizations. From promising startups to Fortune 500 companies, Babin and Willink have helped scores of clients across a broad range of industries build their own high-performance teams and dominate their battlefields. Now, detailing the mind-set and principles that enable SEAL units to accomplish the most difficult missions in combat, Extreme Ownership shows how to apply them to any team, family or organization. Each chapter focuses on a specific topic such as Cover and Move, Decentralized Command, and Leading Up the Chain, explaining what they are, why they are important, and how to implement them in any leadership environment. A compelling narrative with powerful instruction and direct application, Extreme Ownership revolutionizes business management and challenges leaders everywhere to fulfill their ultimate purpose: lead and win.How Will You Measure Your Life?
Clayton M. Christensen
Akin to The Last Lecture in its revelatory perspective following life-altering events, "How Will You Measure Your Life?" presents a set of personal guidelines that have helped the author find meaning and happiness in his life.Enjoying this great read. Our professional careers are important, but equally, if not more important, is family. Use this time at home to reconnect and bond with your loved ones if you had lost touch with them. The best to make amends was yesterday. The next best time is today. https://t.co/0KWa4W0WmN
Crude Volatility
Robert McNally
Crafting an engrossing journey from the Pennsylvania oil fields of the 1860s to today's Middle East, Crude Volatility shows how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Robert McNally explains how oil became so central to our world and why it is subject to such extreme price fluctuations.if you have not read this book, you really should. I'm re-reading it now (for obviously reasons) and am reminded how exceptionally well done and timely it is. https://t.co/iugdd3pKE6
Devil Take the Hindmost
Edward Chancellor
Examines stock market speculation since the seventeenth century, discussing the range of motivations of investors and the effects on economies throughout history.On today's show we gave some of our favorite books on historical market panics: Devil Take the Hindmost by Edward Chancellor https://t.co/EKHdmWfXZL Once in Golconda by John Brooks https://t.co/fy3nE6beXk The Great Crash 1929 by John Kenneth Galbraith https://t.co/dGTh9tWCev
Once in Golconda
John Brooks
Once in Golconda "In this book, John Brooks-who was one of the most elegant of all business writers-perfectly catches the flavor of one of history's best-known financial dramas: the 1929 crash and its aftershocks. It's packed with parallels and parables for the modern reader." -From the Foreword by Richard Lambert Editor-in-Chief, The Financial Times Once in Golconda is a dramatic chronicle of the breathtaking rise, devastating fall, and painstaking rebirth of Wall Street in the years between the wars. Focusing on the lives and fortunes of some of the era's most memorable traders, bankers, boosters, and frauds, John Brooks brings to vivid life all the ruthlessness, greed, and reckless euphoria of the '20s bull market, the desperation of the days leading up to the crash of '29, and the bitterness of the years that followed. Praise for Once in Golconda "A fast-moving, sophisticated account.embracing the stock-market boom of the twenties, the crash of 1929, the Depression, and the coming of the New Deal. Its leitmotif is the truly tragic personal history of Richard Whitney, the aristocrat Morgan broker and head of the Stock Exchange, who ended up in Sing Sing." -Edmund Wilson, writing in the New Yorker "As Mr. Brooks tells this tale of dishonor, desperation, and the fall of the mighty, it takes on overtones of Greek tragedy, a king brought down by pride. Whitney's sordid history has been told before..But in Mr. Brooks's hands, the drama becomes freshly shocking." -Wall Street Journal "It's all there in Once in Golconda-the avarice of an era that favored the rich; and the later anguish of myriads of speculators doomed by a bloated market, easy credit, and their own cupidity and stupidity." -Saturday ReviewOn today's show we gave some of our favorite books on historical market panics: Devil Take the Hindmost by Edward Chancellor https://t.co/EKHdmWfXZL Once in Golconda by John Brooks https://t.co/fy3nE6beXk The Great Crash 1929 by John Kenneth Galbraith https://t.co/dGTh9tWCev
The Great Crash 1929
John Kenneth Galbraith
Presents a study of the stock market crash of 1929 that reveals the influential role of Wall Street on the economic growth of America.On today's show we gave some of our favorite books on historical market panics: Devil Take the Hindmost by Edward Chancellor https://t.co/EKHdmWfXZL Once in Golconda by John Brooks https://t.co/fy3nE6beXk The Great Crash 1929 by John Kenneth Galbraith https://t.co/dGTh9tWCev
Good Strategy, Bad Strategy
Richard P. Rumelt
Argues that a manager's central responsibility is to create and implement strategies, challenges popular motivational practices, and shares anecdotes discussing how to enable action-oriented plans for real-world results.@EricJorgenson @readwiseio Good book!
Margin of Safety
Seth A. Klarman
@robertattip @NickS_FinTwit That’s the best value investing book ever written.
The Most Important Thing
Howard Marks
"This is that rarity, a useful book."--Warren Buffett Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. Now for the first time, all readers can benefit from Marks's wisdom, concentrated into a single volume that speaks to both the amateur and seasoned investor. Informed by a lifetime of experience and study, The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career. Utilizing passages from his memos to illustrate his ideas, Marks teaches by example, detailing the development of an investment philosophy that fully acknowledges the complexities of investing and the perils of the financial world. Brilliantly applying insight to today's volatile markets, Marks offers a volume that is part memoir, part creed, with a number of broad takeaways. Marks expounds on such concepts as "second-level thinking," the price/value relationship, patient opportunism, and defensive investing. Frankly and honestly assessing his own decisions--and occasional missteps--he provides valuable lessons for critical thinking, risk assessment, and investment strategy. Encouraging investors to be "contrarian," Marks wisely judges market cycles and achieves returns through aggressive yet measured action. Which element is the most essential? Successful investing requires thoughtful attention to many separate aspects, and each of Marks's subjects proves to be the most important thing.@blakeir Recently read his book "The Most Important Thing" and his worldview is like a relaxing salve
The Art of Profitability
Adrian J. Slywotzky
Describes the various patterns of business operation that lead to profitability through a series of conversations in which an expert on profits teaches a student.@JamesClear The Art of Profitability https://t.co/lz2WGK7AWM
The Year Without Pants
Scott Berkun
A behind-the-scenes look at the firm behind WordPress.com and the unique work culture that contributes to its phenomenal success 50 million websites, or twenty percent of the entire web, use WordPress software. The force behind WordPress.com is a convention-defying company called Automattic, Inc., whose 120 employees work from anywhere in the world they wish, barely use email, and launch improvements to their products dozens of times a day. With a fraction of the resources of Google, Amazon, or Facebook, they have a similar impact on the future of the Internet. How is this possible? What's different about how they work, and what can other companies learn from their methods? To find out, former Microsoft veteran Scott Berkun worked as a manager at WordPress.com, leading a team of young programmers developing new ideas. The Year Without Pants shares the secrets of WordPress.com's phenomenal success from the inside. Berkun's story reveals insights on creativity, productivity, and leadership from the kind of workplace that might be in everyone's future. Offers a fast-paced and entertaining insider's account of how an amazing, powerful organization achieves impressive results Includes vital lessons about work culture and managing creativity Written by author and popular blogger Scott Berkun (scottberkun.com) The Year Without Pants shares what every organization can learn from the world-changing ideas for the future of work at the heart of Automattic's success.Big Debt Crises
Ray Dalio
This is the book mark I’ve kept in my copy of Big Debt Crisis to mark one of the most important pages in the reading. @RayDalio https://t.co/ZGSXPVjzS6
Coaching for Performance Fifth Edition
John Whitmore
"Coaching for Performance is the proven resource for all coaches and pioneers of the future of coaching." Magdalena N. Mook, CEO, International Coach Federation (ICF) "Shines a light on what it takes to create high performance." John McFarlane, Chairman, Barclays, Chairman, TheCityUK Coaching for Performance is the definitive book for coaches, leaders, talent managers and professionals around the world. An international bestseller, featuring the influential GROW model, this book is the founding text of the coaching profession. It explains why enabling people to bring the best out of themselves is the key to driving productivity, growth, and engagement. A meaningful coaching culture has the potential to transform the relationship between organizations and employees and to put both on the path to long-term success. Written by Sir John Whitmore, the pioneer of coaching, and Performance Consultants, the global market leaders in performance coaching, this extensively revised and extended edition will revolutionize the traditional approach to organizational culture. Brand new practical exercises, corporate examples, coaching dialogues, and a glossary, strengthen the learning process, whilst a critical new chapter demonstrates how to measure the benefits of coaching as a return on investment, ensuring this landmark new edition will remain at the forefront of professional coaching and leadership development.19/ There are so many great books on coaching. Here are three that I always recommend to entrepreneurs if there's a desire to go deeper. https://t.co/Q2MapC7Rgd
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.The Rational Optimist
Matt Ridley
For two hundred years the pessimists have dominated public discourse, insisting that things will soon be getting much worse. But in fact, life is getting better—and at an accelerating rate. Food availability, income, and life span are up; disease, child mortality, and violence are down all across the globe. Africa is following Asia out of poverty; the Internet, the mobile phone, and container shipping are enriching people's lives as never before. In his bold and bracing exploration into how human culture evolves positively through exchange and specialization, bestselling author Matt Ridley does more than describe how things are getting better. He explains why. An astute, refreshing, and revelatory work that covers the entire sweep of human history—from the Stone Age to the Internet—The Rational Optimist will change your way of thinking about the world for the better.@ernirulez @nicksporch David Deutsch, “The Beginning of Infinity.” Matt Ridley, “The Rational Optimist.” Nassim Taleb, “Skin in the Game.” Richard Feynman, “Six Easy Pieces.”
- Covering such topics as initiating, planning, executing, monitoring/controlling and closing, FranklinCovey management experts offer practical, real-world advice for effective project management. Original. 30,000 first printing.
@seanjtaylor I found "Project Management for The Unofficial Project Manager" to be pragmatic with some helpful tools. https://t.co/EYCLAQZbJM
Systematic Trading
Robert Carver
This is not just another book with yet another trading system. This is a complete guide to developing your own systems to help you make and execute trading and investing decisions. It is intended for everyone who wishes to systematise their financial decision making, either completely or to some degree. Author Robert Carver draws on financial theory, his experience managing systematic hedge fund strategies and his own in-depth research to explain why systematic trading makes sense and demonstrates how it can be done safely and profitably. Every aspect, from creating trading rules to position sizing, is thoroughly explained. The framework described here can be used with all assets, including equities, bonds, forex and commodities. There is no magic formula that will guarantee success, but cutting out simple mistakes will improve your performance. You'll learn how to avoid common pitfalls such as over-complicating your strategy, being too optimistic about likely returns, taking excessive risks and trading too frequently. Important features include: - The theory behind systematic trading: why and when it works, and when it doesn't. - Simple and effective ways to design effective strategies. - A complete position management framework which can be adapted for your needs. - How fully systematic traders can create or adapt trading rules to forecast prices. - Making discretionary trading decisions within a systematic framework for position management. - Why traditional long only investors should use systems to ensure proper diversification, and avoid costly and unnecessary portfolio churn. - Adapting strategies depending on the cost of trading and how much capital is being used. - Practical examples from UK, US and international markets showing how the framework can be used. Systematic Trading is detailed, comprehensive and full of practical advice. It provides a unique new approach to system development and a must for anyone considering using systems to make some, or all, of their investment decisions.A good, no-nonsense #book that relies more on common sense to design a system rather than torturing the data long enough to fund spurious patterns that work in theory but fail in practice. https://t.co/pHbT3FnfJH
The Sovereign Individual
James Dale Davidson
The authors identify both the likely disasters and the potential for prosperity inherent in the advent of the information age.If you're looking for new ideas about the future, I recommend The Sovereign Individual. I've never seen a book with so many correct predictions, and it's inspired a generation of builders, entrepreneurs, and technologists. Here's a free PDF. https://t.co/HhRRG36Wim
The Autonomous Revolution
William Davidow
Two Silicon Valley pioneers describe how the rise of artificial intelligence and virtual environments are ushering in an epic cultural transformation--and how we can thrive in this new era. We are at the dawn of the Autonomous Revolution, a technological revolution as decisive as the Agricultural and Industrial Revolutions. Autonomous machines are capable of learning and adapting faster than humans and entirely on their own. And for the first time in human history we no longer require physical locations to work, play, shop, socialize, or be entertained. William Davidow and Michael Malone, authors of the seminal book The Virtual Corporation, explore the enormous implications of these developments. They show why increases in productivity no longer translate into increases in the GDP, how invisible algorithms control what you see and hear, and much more. Many of the book's recommendations--such as monetizing internet usage and making companies pay for personal information--are likely to be controversial, but this debate needs to begin now, before the Autonomous Revolution overcomes us.Impressed by @BillDavidow's clarity of thought on this panel with Michael Malone at the @ComputerHistory museum. Fascinating discussion covering #UBI, the disappearing link between wealth and jobs, and the danger to democracy of free speech. Excited to read the book! https://t.co/yDIu7J15vI
Rework
Jason Fried
This thread was inspired by @dhh and @JasonFried. I read this book in 24 hours, and it's going to be my go-to read as I build this business. Big thanks to @BrentBeshore, @Austin_Rief, @ForteLabs, and @AWilkinson who also inspired these thoughts. 🙏 https://t.co/clP5b3lk9B
High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinates@austin_rief Right now I’m going through “High Output Management” for the second time.
The Origin of Wealth
Eric D. Beinhocker
What is wealth?How is it created? And how can we create more of it for the benefit of individuals, businesses, and societies?In The Origin of Wealth,Eric Beinhocker provides provocative new answers to these fundamental questions. Beinhocker surveys the cutting-edge ideas of economists and scientists and brings their work alive for a broad audience. These researchers, he explains, are revolutionizing economics by showing how the economy is an evolutionary system, much like a biological system. It is economic evolution that creates wealth and has taken us from the Stone Age to the $36.5 trillion global economy of today. By better understanding economic evolution, Beinhocker writes, we can better understand how to create more wealth. The author shows how “complexity economics” is turning conventional wisdom on its head in areas ranging from business strategy and organizational design to investment strategy and public policy. As sweeping in scope as its title,The Origin of Wealthwill rewire our thinking about the workings of the global economy and where it is going.@seneca_nt @stevenstrogatz Another good book in unrelated field is origin of wealth https://t.co/uTknrzm9DT
High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinatesdespite having heard about this book a 1000 times, I had never read it i was dumb https://t.co/RvaCJGNJtu
Billion Dollar Whale
Bradley Hope
Named a Best Book of 2018 by the Financial Times and Fortune, this New York Times bestseller about the 1MDB scandal exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, BILLION DOLLAR WHALE is "an epic tale of white-collar crime on a global scale" (Publishers Weekly, starred review), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. BILLION DOLLAR WHALE has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.This book on the 1MDB scandal was great, hard to put down. Low sophistication + huge brazenness is a powerful fraud combo. https://t.co/nYpIJffcb5
Debt
David Graeber
Here anthropologist David Graeber presents a reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors. --@markburgess_osl Debt is indeed a promise! https://t.co/eJkiAOyH5h. .
High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinatesLight weekend reading https://t.co/YlHoXFuTzw
Understanding Michael Porter
Joan Magretta
Examines and explains the revolutionary business frameworks of Michael Porter, with examples to illustrate and update Porter's ideas for achieving and sustaining competitive success.Lots of good stuff in the replies to the Tweet below. Makes sense to bookmark. My answer: "Understanding Michael Porter" by Joan Magretta (yes, while the title isn't "inspiring", the content is A+) https://t.co/XSovuixjKx https://t.co/jaHbnHTJiz
How to Win Friends and Influence People
Dale Carnegie
Provides suggestions for successfully dealing with people both in social and business situations@Lavanyasingh4 Read How to Win Friends
Advances in Financial Machine Learning
Marcos Lopez de Prado
Machine learning (ML) is changing virtually every aspect of our lives. Today ML algorithms accomplish tasks that until recently only expert humans could perform. As it relates to finance, this is the most exciting time to adopt a disruptive technology that will transform how everyone invests for generations. Readers will learn how to structure Big data in a way that is amenable to ML algorithms; how to conduct research with ML algorithms on that data; how to use supercomputing methods; how to backtest your discoveries while avoiding false positives. The book addresses real-life problems faced by practitioners on a daily basis, and explains scientifically sound solutions using math, supported by code and examples. Readers become active users who can test the proposed solutions in their particular setting. Written by a recognized expert and portfolio manager, this book will equip investment professionals with the groundbreaking tools needed to succeed in modern finance.A really good #book by @lopezdeprado Will need another reading. Explains the dark and voodoo art of algorithmic trading. Though requires basic knowledge of ML and trading as a prerequisite. https://t.co/XwQf59uw1X
Don't Fall For It
Ben Carlson
Finished @awealthofcs's new book, which is excellent as you'd expect. https://t.co/f3Xmue9IgN
Alchemy
Rory Sutherland
The legendary advertising guru—Ogilvy UK’s vice chairman—and star of three massively popular TED Talks, blends the science of human behavior with his vast experience in the art of persuasion in this incomparable book that decodes successful branding and marketing in the vein of Freakonomics, Thinking Fast and Slow, and The Power of Habit. When Rory Sutherland was a trainee working on a direct mail campaign at the famed advertising firm OgilvyOne, he noticed that very small changes in design often had immense effects on the number of consumer responses. Yet no one he worked with knew why. Sutherland began taking stock of each effective yet nebulous trick—”the thing which has no name”—he discovered. As he rose in the advertising industry, he began to understand why these things had no name: no one was interested in quantifying them, cataloguing them, or really investigating them. So, he did it himself. Like classic behavioral economists Daniel Kahneman and Richard Thaler, Sutherland peels away hidden, often irrational human behaviors that explain how the world around us functions. In How to Be an Alchemist he examines why certain ads work and the broader truths they tell us about who we are. Why do people prefer stripy toothpaste, and how might that help us design retirement plans that young people would actually buy? Why do we think orange juice is healthy, and how does the same principle guide our feelings about nuclear reactors? Why do budget airlines advertise services they don’t offer—and what might insurance companies learn from them about keeping healthcare costs low? Filled with startling and profound conclusions, Sutherland’s journey through the world of advertising and its surprising lessons for human behavior is insightful, brilliant, eye-opening, and irresistibly fun.At this point, we get to the part of the talk where I leave exercises for the audience (and for you here). If you are a PM (or if work on products in almost any capacity), you must read "Alchemy" by @rorysutherland. https://t.co/YsuGViJlMV
How Will You Measure Your Life?
Clayton M. Christensen
Akin to The Last Lecture in its revelatory perspective following life-altering events, "How Will You Measure Your Life?" presents a set of personal guidelines that have helped the author find meaning and happiness in his life.I've been meaning to read his book "How Will You Measure Your Life?" for a long time now. Finally bought it tonight, gonna read it next week. RIP @claychristensen. Not a week goes by without me thinking about something you taught me 🤗😢
How Will You Measure Your Life?
Clayton M. Christensen
Akin to The Last Lecture in its revelatory perspective following life-altering events, "How Will You Measure Your Life?" presents a set of personal guidelines that have helped the author find meaning and happiness in his life.I just read Christensen's "How Will You Measure Your Life" and found it to be powerful in thinking about how to make the most of our time here on earth. Inspired by his lead, we ended up defining our own family values. RIP to this influential pioneer. https://t.co/aoqS9MZEIj
More from Less
Andrew McAfee
From the coauthor of the New York Times bestseller The Second Machine Age, a compelling argument—masterfully researched and brilliantly articulated—that we have at last learned how to increase human prosperity while treading more lightly on our planet. Throughout history, the only way for humanity to grow was by degrading the Earth: chopping down forests, fouling the air and water, and endlessly digging out resources. Since the first Earth Day in 1970, the reigning argument has been that taking better care of the planet means radically changing course: reducing our consumption, tightening our belts, learning to share and reuse, restraining growth. Is that argument correct? Absolutely not. In More from Less, McAfee argues that to solve our ecological problems we don’t need to make radical changes. Instead, we need to do more of what we’re already doing: growing technologically sophisticated market-based economies around the world. How can he possibly make this claim? Because of the evidence. America—a large, high-tech country that accounts for about 25% of the global economy—is now generally using less of most resources year after year, even as its economy and population continue to grow. What’s more, the US is polluting the air and water less, emitting fewer greenhouse gases, and replenishing endangered animal populations. And, as McAfee shows, America is not alone. Other countries are also transforming themselves in fundamental ways. What has made this turnabout possible? One thing, primarily: the collaboration between technology and capitalism, although good governance and public awareness have also been critical. McAfee does warn of issues that haven’t been solved, like global warming, overfishing, and communities left behind as capitalism and tech progress race forward. But overall, More from Less is a revelatory, paradigm-shifting account of how we’ve stumbled into an unexpectedly better balance with nature—one that holds out the promise of more abundant and greener centuries ahead.@KyLaffoon If you have someone use GDP for what it isn't you get things like Lagarde saying low productivity to "be with us for a long time." Monetary economy excluding software, global supply chain isn't the economy https://t.co/fp2b7T77xf https://t.co/ykH78EcgBm https://t.co/egvC1HhFfv
Monetizing Innovation
Madhavan Ramanujam
"The book explains how most companies get sidetracked by Product-Driven Thinking and how to innovate by starting with the price customers will pay, and creating the product for that price. It will present a process that Simon-Kucher & Partners has used to help dozens of others avoid innovation failure by making pricing and marketing their guiding light throughout the product development process"--@nbashaw Book rec: Monetizing Innovation by @MadhavanSF Follow rec: @patio11 A good starting heuristic is to regularly ask prospective customers for more $$ until a good fraction of prospects push back. Also think about pricing relative to how customers perceive the value you create.
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.@muneeb @bhorowitz @jerrycolonna @mattmochary + “Hard Things” book is def one. + Peer/CEO groups + dinners + Working w CEO coach (having someone I could talk honestly about about fears and insecurities about the job)
Getting Naked
Patrick Lencioni
Another extraordinary business fable from the New York Times bestselling author Patrick Lencioni Written in the same dynamic style as his previous bestsellers including The Five Dysfunctions of a Team, Lencioni illustrates the principles of inspiring client loyalty through a fascinating business fable. He explains the theory of vulnerability in depth and presents concrete steps for putting it to work in any organization. The story follows a small consulting firm, Lighthouse Partners, which often beats out big-name competitors for top clients. One such competitor buys out Lighthouse and learns important lessons about what it means to provide value to its clients. Offers a key resource for gaining competitive advantage in tough times Shows why the quality of vulnerability is so important in business Includes ideas for inspiring customer and client loyalty Written by the highly successful consultant and business writer Patrick Lencioni This new book in the popular Lencioni series shows what it takes to gain a real and lasting competitive edge.Thanks so much to the @rewind team for this book! I can't wait to dig in! ♥️ https://t.co/LmvAwqCoh0
High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinates1/ Books: • Escaping the Build Trap by @lissijean • The Messy Middle by @scottbelsky • Crossing the Chasm by @geoffreyamoore • Product-led Growth by @wes_bush • 7 Powers by Hamilton W. Helmer • High Out Management by Andy Grove
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.1/ Books: • Escaping the Build Trap by @lissijean • The Messy Middle by @scottbelsky • Crossing the Chasm by @geoffreyamoore • Product-led Growth by @wes_bush • 7 Powers by Hamilton W. Helmer • High Out Management by Andy Grove
- How do you price your software? Is it art, science or magic? How much attention should you pay to your competitors? This short handbook will provide you with the theory, practical advice and case studies you need to stop yourself from reaching for the dice. Table of Contents Chapter 01: Some - but not too much - Economics Chapter 02: Pricing Psychology: What is your product worth? Chapter 03: Pricing Pitfalls Chapter 04: Advanced Pricing Chapter 05: What your price says about you (and how to change it) Why read this book? "At Business of Software 2007 Michael Pryor held an impromptu session on how to price your software. So many people turned up, and so many people kept on arriving, that by the time they d introduced themselves there was no time left to talk about software pricing. I ve had similar experiences; in fact, How do I price my software? is probably the most common question I m asked by software entrepreneurs and product managers. This handbook is an attempt to answer that question." Neil Davidson, Author. About the Author Neil Davidson is co-founder and joint CEO of Red Gate Software. Red Gate was founded in 1999 and now employs some 150 people. It was Cambridge News business of the year in 2006 and has been in the Sunday Times top 100 companies to work for three years running. It was founded with no VC money and little debt. Neil is also founder of the annual Business of Software conference and runs the Business of Software social network.
Most non fiction should be about this long. 56 page mini book on how to price a product. Fairly introductory but lots of great reminders. https://t.co/LLmcm4PX89 https://t.co/xIylWO5vcm
Big Debt Crises
Ray Dalio
@stephenrfiverr I disagree with you. Read Ray Dalio's book, Big Debt Cycles, to receive a lot of evidence from historical examples.
Don't Fall For It
Ben Carlson
Nic Cage, Al Capone, and Bill Clinton. And that's just the Cs! If you're a fan of Ben's work, you have to buy this book. He worked hard on it and it came out great. https://t.co/p1QaQp0CxS https://t.co/QIp7IoJc2z
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.@jinadcruz I'm glad to see you're also reading Atomic Habits!
The Knowledge Illusion
Steven Sloman
"Two cognitive scientists explain how the human brain relies on the communal nature of intelligence and knowledge, constantly gathering information and expertise stored outside our mind and bodies, to overcome its shortcomings of being error prone, irrational and often ignorant, "--NoveList.The Millionaire Fastlane
MJ DeMarco
Is the financial plan of mediocrity -- a dream-stealing, soul-sucking dogma known as "The Slowlane" your plan for creating wealth? You know how it goes; it sounds a lil something like this: "Go to school, get a good job, save 10% of your paycheck, buy a used car, cancel the movie channels, quit drinking expensive Starbucks mocha lattes, save and penny-pinch your life away, trust your life-savings to the stock market, and one day, when you are oh, say, 65 years old, you can retire rich." The mainstream financial gurus have sold you blindly down the river to a great financial gamble: You've been hoodwinked to believe that wealth can be created by recklessly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. This impotent financial gamble dubiously promises wealth in a wheelchair -- sacrifice your adult life for a financial plan that reaps dividends in the twilight of life. Accept the Slowlane as your blueprint for wealth and your financial future will blow carelessly asunder on a sailboat of HOPE: HOPE you can find a job and keep it, HOPE the stock market doesn't tank, HOPE the economy rebounds, HOPE, HOPE, and HOPE. Do you really want HOPE to be the centerpiece for your family's financial plan? Drive the Slowlane road and you will find your life deteriorate into a miserable exhibition about what you cannot do, versus what you can. For those who don't want a lifetime subscription to "settle-for-less" and a slight chance of elderly riches, there is an alternative; an expressway to extraordinary wealth that can burn a trail to financial independence faster than any road out there. Why jobs, 401(k)s, mutual funds, and 40-years of mindless frugality will never make you rich young. Why most entrepreneurs fail and how to immediately put the odds in your favor. The real law of wealth: Leverage this and wealth has no choice but to be magnetized to you. The leading cause of poorness: Change this and you change everything. How the rich really get rich - and no, it has nothing to do with a paycheck or a 401K match. Why the guru's grand deity - compound interest - is an impotent wealth accelerator. Why the guru myth of "do what you love" will most likely keep you poor, not rich. And 250+ more poverty busting distinctions... Demand the Fastlane, an alternative road-to-wealth; one that actually ignites dreams and creates millionaires young, not old. Change lanes and find your explosive wealth accelerator. Hit the Fastlane, crack the code to wealth, and find out how to live rich for a lifetime.@keyorgsys @sriramk My nomination for a great book with a terrible name: The Millionaire Fastlane https://t.co/8bbGJO3nv7
The Man Who Solved the Market
Gregory Zuckerman
Bestselling author and veteran Wall Street Journal reporter Zuckerman answers the question investors have been asking for decades: How did Jim Simons do it? Simons is the greatest money maker in modern financial history. His track record bests those of legendary investors including Warren Buffett, Peter Lynch, Ray Dalio, and George Soros..I just finished the new book on Jim Simons (The Man Who Solved the Market). It is quite a good story and well written. If you expect to learn very much new about how the Renaissance system works, you will likely be disappointed. My 25iQ post on that is: https://t.co/sbchvhnR1b
Money
Felix Martin
A historical epic by an Oxford-educated economist traces the development and evolution of money from its origins in the ancient world to the gold standard, challenging conventional understandings while exploring the world's complicated monetary systems. 75,000 first printing.Five books I read this year that I recommend: Silver by @LindaNagata (& rest of series) The City & The City by Mieville Money: The Unauthorized Biography by Martin Order Without Design by Bertraud Legal Systems Very Different From Our Ours by Friedman, @DavidSkarbek, and Leeson
Boomerang
Michael Lewis
“Lewis shows again why he is the leading journalist of his generation.”—Kyle Smith, ForbesI started reading Boomerang by Michael Lewis this evening and I forgot just how great his writing style is. I appreciate the art of being able to make someone laugh while reading about global financial crises.
VC
Tom Nicholas
From nineteenth-century whaling to a multitude of firms pursuing entrepreneurial finance today, venture finance reflects a deep-seated tradition in the deployment of risk capital in the United States. Tom Nicholas’s history of the venture capital industry offers a roller coaster ride through America’s ongoing pursuit of financial gain.@TurnerNovak @Keith_Wasserman I wish. Reading “VC: An American History” by Tom Nicholas right now.
The Man Who Solved the Market
Gregory Zuckerman
Bestselling author and veteran Wall Street Journal reporter Zuckerman answers the question investors have been asking for decades: How did Jim Simons do it? Simons is the greatest money maker in modern financial history. His track record bests those of legendary investors including Warren Buffett, Peter Lynch, Ray Dalio, and George Soros..@amcafee @jiatolentino @RobThomas @StephenKing @mgurri @TayariJones @davidkushner @Billbrowder @billbrysonn @TaNehisiCoats Space Cadet @kidkoala House of Leaves @markdanielewski The Third Apple @gassee Life Changing Magic of Tidying Up @mariekondo The Man Who Solved the Market @gzuckerman ...and more! 48 books we read this winter: https://t.co/ZfuvHnDHdS
More from Less
Andrew McAfee
From the coauthor of the New York Times bestseller The Second Machine Age, a compelling argument—masterfully researched and brilliantly articulated—that we have at last learned how to increase human prosperity while treading more lightly on our planet. Throughout history, the only way for humanity to grow was by degrading the Earth: chopping down forests, fouling the air and water, and endlessly digging out resources. Since the first Earth Day in 1970, the reigning argument has been that taking better care of the planet means radically changing course: reducing our consumption, tightening our belts, learning to share and reuse, restraining growth. Is that argument correct? Absolutely not. In More from Less, McAfee argues that to solve our ecological problems we don’t need to make radical changes. Instead, we need to do more of what we’re already doing: growing technologically sophisticated market-based economies around the world. How can he possibly make this claim? Because of the evidence. America—a large, high-tech country that accounts for about 25% of the global economy—is now generally using less of most resources year after year, even as its economy and population continue to grow. What’s more, the US is polluting the air and water less, emitting fewer greenhouse gases, and replenishing endangered animal populations. And, as McAfee shows, America is not alone. Other countries are also transforming themselves in fundamental ways. What has made this turnabout possible? One thing, primarily: the collaboration between technology and capitalism, although good governance and public awareness have also been critical. McAfee does warn of issues that haven’t been solved, like global warming, overfishing, and communities left behind as capitalism and tech progress race forward. But overall, More from Less is a revelatory, paradigm-shifting account of how we’ve stumbled into an unexpectedly better balance with nature—one that holds out the promise of more abundant and greener centuries ahead.Understanding Michael Porter
Joan Magretta
Examines and explains the revolutionary business frameworks of Michael Porter, with examples to illustrate and update Porter's ideas for achieving and sustaining competitive success.The quote was in this wonderful book: https://t.co/KikRWYifkT
Big Debt Crises
Ray Dalio
@LukeGromen @RayDalio One of the most important quotes in the book IMHO. https://t.co/O2loleC1fD
Netflixed
Gina Keating
Traces Netflix's rise throughout a decade-long war against Blockbuster, analyzing the polarizing characters attributed to its founders while evaluating how the company has become subject to competition and marketing tactics by cable companies and telecoms.What actually happened: Blockbuster tried to buy Hollywood Video, but the FTC called this off on antitrust (!) grounds. By 2010 Blockbuster was bankrupt and Netflix was soaring. In retrospect, state action was completely rearward looking and unnecessary. https://t.co/LndbQ2EIjd
More from Less
Andrew McAfee
From the coauthor of the New York Times bestseller The Second Machine Age, a paradigm-shifting argument “full of fascinating information and provocative insights” (Publishers Weekly, starred review)—demonstrating that we are increasing prosperity while using fewer natural resources. Throughout history, the only way for humanity to grow was by degrading the Earth: chopping down forests, polluting the air and water, and endlessly using up resources. Since the first Earth Day in 1970, the focus has been on radically changing course: reducing our consumption, tightening our belts, and learning to share and reuse. Is that argument correct? Absolutely not. In More from Less, McAfee argues that to solve our ecological problems we should do the opposite of what a decade of conventional wisdom suggests. Rather than reduce and conserve, we should rely on the cost-consciousness built into capitalism and the streamlining miracles of technology to create a more efficient world. America—a large, high-tech country that accounts for about 25% of the global economy—is now generally using less of most resources year after year, even as its economy and population continue to grow. What’s more, the US is polluting the air and water less, emitting fewer greenhouse gases, and replenishing endangered animal populations. And, as McAfee shows, America is not alone. Other countries are also transforming themselves in fundamental ways. What has made this turnabout possible? One thing, primarily: the collaboration between technology and capitalism, although good governance and public awareness have also been critical. McAfee does warn of issues that haven’t been solved, like global warming, overfishing, and communities left behind as capitalism and tech progress race forward. But overall, More from Less is a revelatory and “deeply engaging” (Booklist) account of how we’ve stumbled into an unexpectedly better balance with nature—one that holds out the promise of more abundant and greener centuries ahead.@TheStalwart @amcafee"More from Less: The Surprising Story of How We Learned to Prosper Using Fewer Resources―and What Happens Next" https://t.co/7QzubDrn1X
The Economists' Hour
Binyamin Appelbaum
From The Economists’ Hour by @BCAppelbaum Cannot recommend this book highly enough. https://t.co/4Oi8gImcNq
Eboys
Randall E. Stross
Looking carefully at these "icons" of the 1990s, the author uses his unprecedented access to the venture capitalists behind Benchmark to reveal the surprising world behind the ultimate investment gamble.@maariabajwa @aplusk @arteeninLA @MichaelDTam @Austen Some light beach reading :) https://t.co/rVZhiGfcxk
Dec Is Dead, Long Live Dec: The Lasting Legacy of Digital Equiment Corporation (Large Print 16pt)
Edgar H. Schein
DEC Is Dead, Long Live DEC tells the 40-year story of the creation, demise, and enduring legacy of one of the pioneering companies of the computer age. Digital Equipment Corporation created the minicomputer, networking, the concept of distributed computing, speech recognition, and other major innovations. It was the number two computer maker behind IBM. Yet it ultimately failed as a business and was sold to Compaq Corporation. What happened? Edgar Schein consulted to DEC throughout its history and so had unparalleled access to all the major players, and an inside view of all the major events. He shows how the unique organizational culture established by DEC's founder, Ken Olsen, gave the company important competitive advantages in its early years, but later became a hindrance and ultimately led to the company's downfall. Schein, Kampas, DeLisi, and Sonduck explain in detail how a particular culture can become so embedded that an organization is unable to adapt to changing circumstances even though it sees the need very clearly. The essential elements of DEC's culture are still visible in many other organizations today, and most former employees are so positive about their days at DEC that they attempt to reproduce its culture in their current work situations. In the era of post-dot.com meltdown, raging debate about companies ''built to last'' vs. ''built to sell, '' and more entrepreneurial startups than ever, the rise and fall of DEC is the ultimate case study@titterboy2 @pemullen @chrisfralic @RMB Love this book. DEC Is Dead, Long Live DEC: The Lasting Legacy of Digital Equiment Corporation https://t.co/ADDB7nFXFI
On Classical Economics
Thomas Sowell
Thomas Sowell's many writings on the history of economic thought have appeared in a number of scholarly journals and books, and these writings have been praised, reprinted, and translated in various countries around the world. The classical era in the history of economics is an important part of the history of ideas in general, and its implications reach beyond the bounds of the economics profession. On Classical Economics is a book from which students can learn both history and economics. It is not simply a Cook's tour of colorful personalities of the past but a study of how certain economic concepts and tools of analysis arose, and how their implications were revealed during the controversies that followed. In addition to a general understanding of classical macroeconomics and microeconomics, this book offers special insight into the neglected pioneering work of Sismondi--and why it was neglected--and a detailed look at John Stuart Mill's enigmatic role in the development of economics and the mysteries of Marxian economics. Clear, engaging, and very readable, without being either cute or condescending, On Classical Economics can enable a course on the history of economic thought to make a contribution to students’ understanding of economics in general--whether in price theory, monetary theory, or international trade. In short, it is a book about analysis as well as history.@tomscrace @ThomasSowell @Andrew_Solomon Hmhm maaaybe https://t.co/rHCljkA6nT
- **Winner of the 2013 Financial Times and Goldman Sachs Business Book of the Year Award** Amazon placed one of the first and largest bets on the Internet. Nothing would ever be the same again. Though Amazon.com started off delivering books through the mail, its visionary founder, Jeff Bezos, was never content with being just a bookseller. He wanted Amazon to become ‘the everything store’, offering limitless selection and seductive convenience at disruptively low prices. To achieve that end, he developed a corporate culture of relentless ambition and secrecy that's never been cracked. Until now... Jeff Bezos stands out for his relentless pursuit of new markets, leading Amazon into risky new ventures like the Kindle and cloud computing, and transforming retail in the same way that Henry Ford revolutionized manufacturing.
@DonaldRichard https://t.co/YMelC0n1LB
The Manager's Path
Camille Fournier
Managing people is difficult wherever you work. But in the tech industry, where management is also a technical discipline, the learning curve can be brutal--especially when there are few tools, texts, and frameworks to help you. In this practical guide, author Camille Fournier (tech lead turned CTO) takes you through each stage in the journey from engineer to technical manager. From mentoring interns to working with senior staff, you'll get actionable advice for approaching various obstacles in your path. This book is ideal whether you're a new manager, a mentor, or a more experienced leader looking for fresh advice. Pick up this book and learn how to become a better manager and leader in your organization. Begin by exploring what you expect from a manager Understand what it takes to be a good mentor, and a good tech lead Learn how to manage individual members while remaining focused on the entire team Understand how to manage yourself and avoid common pitfalls that challenge many leaders Manage multiple teams and learn how to manage managers Learn how to build and bootstrap a unifying culture in teamsperiodic reminder that @skamille's The Manager's Path is amazing. It really helped me understand the differences between a tech lead / manager / director / CTO even though I've never been a manager https://t.co/nCEgnY9eSZ
The Passion Economy
Adam Davidson
"This is a Borzoi Book"--Copyright page.@GTR_Kunda @ljin18 It is! @adamdavidson wrote the book: https://t.co/VSLnT6ozRP
Don't Fall For It
Ben Carlson
Just got the first batch of hardcovers for my new book Never written something like this before so I’m very excited about it Hardcover comes out Jan 9 Available for pre-order now (and the best part is it’s only 170 pages) https://t.co/qFibaSpS0Z https://t.co/QifXO1y9Wx
Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.@geneweingarten @MonicaHesse @LisaTaddeo @stepville Three books which each tell a slightly different and occasionally fucked up story about how capitalism is probably going to ruin us all, by @MikeIsaac @AdamChandler and David Wallace Wells https://t.co/OHuRjxWRrJ
Why Are We Yelling?
Buster Benson
Have you ever walked away from an argument and suddenly thought of all the brilliant things you wish you'd said? Do you avoid certain family members and colleagues because of bitter, festering tension that you can't figure out how to address? Now, finally, there's a solution: a new framework that frees you from the trap of unproductive conflict and pointless arguing forever. If the threat of raised voices, emotional outbursts, and public discord makes you want to hide under the conference room table, you're not alone. Conflict, or the fear of it, can be exhausting. But as this powerful book argues, conflict doesn't have to be unpleasant. In fact, properly channeled, conflict can be the most valuable tool we have at our disposal for deepening relationships, solving problems, and coming up with new ideas. As the mastermind behind some of the highest-performing teams at Amazon, Twitter, and Slack, Buster Benson spent decades facilitating hard conversations in stressful environments. In this book, Buster reveals the psychological underpinnings of awkward, unproductive conflict and the critical habits anyone can learn to avoid it. Armed with a deeper understanding of how arguments, you'll be able to: * Remain confident when you're put on the spot * Diffuse tense moments with a few strategic questions * Facilitate creative solutions even when your team has radically different perspectives Why Are We Yelling will shatter your assumptions about what makes arguments productive. You'll find yourself having fewer repetitive, predictable fights once you're empowered to identify your biases, listen with an open mind, and communicate well.@xhckr Reading: God Emporer of Dune Why are we Yelling by @buster The Book of Dust, Volume 2 Fav: Foundation Saga Golden Compass Ishmael How to Win Friends Surely You’re Joking Mr. Feynman But I have opinions on “favorite” books....
How to Win Friends and Influence People
Dale Carnegie
Provides suggestions for successfully dealing with people both in social and business situations@xhckr Reading: God Emporer of Dune Why are we Yelling by @buster The Book of Dust, Volume 2 Fav: Foundation Saga Golden Compass Ishmael How to Win Friends Surely You’re Joking Mr. Feynman But I have opinions on “favorite” books....
Buddha's Office
Dan Zigmond
Can enlightenment be found at the office? From the co-author of Buddha's Diet comes another book that shows how the wisdom of Buddha can apply to our modern lives -- this time exploring how Buddha's guidance can help us navigate the perils of work life. Without setting foot in an office, Buddha knew that helping people work right was essential to helping them find their path to awakening. Now more than ever, we need Buddha's guidance. Too many of us are working long hours, dealing with difficult bosses, high-maintenance coworkers, and non-stop stress. We need someone to help remind us that there is a better way. With Buddha's wisdom at the core of every chapter, Buddha's Office will help you learn how to stop taking shortcuts and pay more attention, care for yourself and others, deal with distractions, and incorporate Buddha's ageless instructions into our modern working life. It's time to wake up and start working in a more enlightened way. One that is right for you, right for our health, right for your sanity, and right for the world.Automate this
Christopher Steiner
The author of the best-selling $20 Per Gallon traces the rise of computerized decision making to explore how it has become a pervasive aspect of life, revealing how cleverly designed bots are helping and hindering today's world while considering how algorithm technology will shape the near future.Automate This: How Algorithms Came to Rule Our World, Christopher Steiner (2012) https://t.co/oT1S4Ga55P
How to Decide
Annie Duke
Through a blend of compelling exercises, illustrations, and stories, this workbook by the bestselling author of Thinking in Bets will train you to combat your own biases, address your weaknesses, and help you become a better and more confident decision-maker. What do you do when you're faced with a big decision? If you're like most people, you use a pro and con list, spend a lot of time second guessing or regretting decisions that don't work out, get caught in analysis paralysis, endlessly seeking other people's opinions and trying to find just that little bit more information that might make you sure, or you do the opposite and just go with your gut feeling. But this is exactly the wrong way to go about combating the biases working against you. What if there was a better way to make quality decisions so you can think clearly, feel more confident, second guess yourself less, and ultimately be more decisive and be more productive? The good news is that decision-making is not a matter of luck or smarts, but a teachable skill that anyone can get better at. And the great news is that even a small improvement in decision-making will make a huge impact on your life. In How to Decide, bestselling author and former professional poker player Annie Duke lays out a series of tools anyone can use to make better decisions. You'll learn how to identify and dismantle hidden biases and accept that you can rarely be certain of how things will turn out. Through practical exercises and engaging thought experiments, this book helps you analyze key decisions you've made in the past and troubleshoot those you're making in the future. Whether you're picking investments, evaluating a job offer, or trying to figure out your romantic life, this book is the key to happier outcomes and fewer regrets.Oh, look what just came available for pre-order. Excited to see it in real life! https://t.co/37mgTvYjDI https://t.co/KY8v3pJbin
Prediction Machines
Ajay Agrawal
Cheap changes everything -- The magic of prediction -- Why it's called intelligence -- Data is the new oil -- The new division of labor -- Unpacking decisions -- The value of judgment -- Taming complexity -- What machines can learn -- Fully automated decision-making -- Deconstructing workflows -- Decomposing decisions -- Job redesign -- AI in the C-suite -- When AI transforms your business -- Managing AI risk -- Beyond business@patrick_oshag This book helped me sort out how to think about #AI and got me started on my first #AI based tool. @avicgoldfarb @joshgans @professor_ajay. https://t.co/0nnISEnSju
The Complacent Class
Tyler Cowen
@semil @km big part of this @tylercowen book - Complacent Class https://t.co/23AfET3yln
Merchants of Truth
Jill Abramson
The definitive report on the disruption of the news media over the last decade. With the expert guidance of former Executive Editor of The New York Times Jill Abramson, we follow two legacy (The New York Times and The Washington Post) and two upstart (BuzzFeed and VICE) companies as they plow through a revolution in technology, economics, standards, commitment, and endurance that pits old vs. new media. Merchants of Truth is the groundbreaking and gripping story of the precarious state of the news business told by one of our most eminent journalists. Jill Abramson follows four companies: The New York Times, The Washington Post, BuzzFeed, and VICE Media over a decade of disruption and radical adjustment. The new digital reality nearly kills two venerable newspapers with an aging readership while creating two media behemoths with a ballooning and fickle audience of millennials. We get to know the defenders of the legacy presses as well as the outsized characters who are creating the new speed-driven media competitors. The players include Jeff Bezos and Marty Baron (The Washington Post), Arthur Sulzberger and Dean Baquet (The New York Times), Jonah Peretti (BuzzFeed), and Shane Smith (VICE) as well as their reporters and anxious readers. Merchants of Truth raises crucial questions that concern the well-being of our society. We are facing a crisis in trust that threatens the free press. Abramson’s book points us to the future.@Henderburn @ani_pai @jeffjarvis > Do you know how to change a specific story to get more revenue from it? https://t.co/r8w3zBK6vW https://t.co/g7r6P7UuNX
The Man Who Solved the Market
Gregory Zuckerman
Bestselling author and veteran Wall Street Journal reporter Zuckerman answers the question investors have been asking for decades: How did Jim Simons do it? Simons is the greatest money maker in modern financial history. His track record bests those of legendary investors including Warren Buffett, Peter Lynch, Ray Dalio, and George Soros..@patrick_oshag The Man Who Solved The Market, followed by Lying About Money.
Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.This observation was crystallized for me after reading Super Pumped and comparing to various broken cultures I've encountered in my career https://t.co/fsSabIdhDY
Only the Paranoid Survive
Andrew S. Grove
@yourMTLbroker @morganhousel Creativity Inc, Only the Paranoid Survive, Skunk Works.
Zero to One
Peter A. Thiel
The billionaire Silicon Valley entrepreneur behind such companies as PayPal and Facebook outlines an innovative theory and formula for building the companies of the future by creating and monopolizing new markets instead of competing in old ones. 200,000 first printing.@noampomsky Missing Sapiens and Zero to One. Also, none of the books spines cracked.
The Infinite Game
Simon Sinek
Explains how the unending, constantly evolving challenges of business can be better served through an "infinite mindset," sharing inspiring examples of how a shift in perspective can promote stronger, more enduring organizations.@LianaTomescu The Infinite Game was really good! Highly recommend.
Testing Business Ideas
David J. Bland
A practical guide to effective business model testing 7 out of 10 new products fail to deliver on expectations. Testing Business Ideas aims to reverse that statistic. In the tradition of Alex Osterwalder’s global bestseller Business Model Generation, this practical guide contains a library of hands-on techniques for rapidly testing new business ideas. Testing Business Ideas explains how systematically testing business ideas dramatically reduces the risk and increases the likelihood of success for any new venture or business project. It builds on the internationally popular Business Model Canvas and Value Proposition Canvas by integrating Assumptions Mapping and other powerful lean startup-style experiments. Testing Business Ideas uses an engaging 4-color format to: Increase the success of any venture and decrease the risk of wasting time, money, and resources on bad ideas Close the knowledge gap between strategy and experimentation/validation Identify and test your key business assumptions with the Business Model Canvas and Value Proposition Canvas A definitive field guide to business model testing, this book features practical tips for making major decisions that are not based on intuition and guesses. Testing Business Ideas shows leaders how to encourage an experimentation mindset within their organization and make experimentation a continuous, repeatable process.@joshmuccio Happy to help my friend! :) https://t.co/aR4ha0KS68 I also cover quite a lot in @nocodemvp, also check @davidjbland’s new book
The Rational Optimist
Matt Ridley
For two hundred years the pessimists have dominated public discourse, insisting that things will soon be getting much worse. But in fact, life is getting better—and at an accelerating rate. Food availability, income, and life span are up; disease, child mortality, and violence are down all across the globe. Africa is following Asia out of poverty; the Internet, the mobile phone, and container shipping are enriching people's lives as never before. In his bold and bracing exploration into how human culture evolves positively through exchange and specialization, bestselling author Matt Ridley does more than describe how things are getting better. He explains why. An astute, refreshing, and revelatory work that covers the entire sweep of human history—from the Stone Age to the Internet—The Rational Optimist will change your way of thinking about the world for the better.@SuperMugatu Rational Optimist + Better Angels of Our Nature
Devil Take the Hindmost
Edward Chancellor
Examines stock market speculation since the seventeenth century, discussing the range of motivations of investors and the effects on economies throughout history.A fascinating account on how “this time it’s different” keeps on repeating for centuries across different cultures and economies. https://t.co/wZSZm9Iw11
The Making of a Democratic Economy
Marjorie Kelly
Our economy is designed to make the rich richer by plundering the earth--this book offers a compelling vision of an ecologically sustainable alternative, neither capitalist nor socialist, that meets the essential needs of all people, not just the 1 percent. Seventy-one percent of the American people say the economy is rigged against them, and they're right. Marjorie Kelly and Ted Howard describe the current economic system as the Extractive Economy--it enables the financial elite to extract maximum gain for themselves, heedless of any damage to people or planet. As an alternative, they offer the Democratic Economy, which is responsive to the concerns of ordinary people and balances human consumption with the regenerative capacity of the earth. Kelly and Howard lay out seven principles of a Democratic Economy: Community, Inclusion, Place (keeping wealth local), Good Work (putting labor before capital), Democratized Ownership, Ethical Finance, and Sustainability. The book pairs each principle with a portrait of a place where it is being put into practice, from Pine Ridge to Portland to Cleveland to Preston, England, and more. This is a powerful, coherent, and achievable vision of an economy that serves the many, not the few.So many great lines in this book. It opens with Theodore Roosevelt: "There can be no real political democracy unless there is something approaching an economic democracy." https://t.co/SVZNrKRvL5
The Interpretation of Financial Statements
Benjamin Graham
"All investors, from beginners to old hands, should gain from the use of this guide, as I have." From the Introduction by Michael F. Price, president, Franklin Mutual Advisors, Inc. Benjamin Graham has been called the most important investment thinker of the twentieth century. As a master investor, pioneering stock analyst, and mentor to investment superstars, he has no peer. The volume you hold in your hands is Graham's timeless guide to interpreting and understanding financial statements. It has long been out of print, but now joins Graham's other masterpieces, The Intelligent Investor and Security Analysis, as the three priceless keys to understanding Graham and value investing. The advice he offers in this book is as useful and prescient today as it was sixty years ago. As he writes in the preface, "if you have precise information as to a company's present financial position and its past earnings record, you are better equipped to gauge its future possibilities. And this is the essential function and value of security analysis." Written just three years after his landmark Security Analysis, The Interpretation of Financial Statements gets to the heart of the master's ideas on value investing in astonishingly few pages. Readers will learn to analyze a company's balance sheets and income statements and arrive at a true understanding of its financial position and earnings record. Graham provides simple tests any reader can apply to determine the financial health and well-being of any company. This volume is an exact text replica of the first edition of The Interpretation of Financial Statements, published by Harper & Brothers in 1937. Graham's original language has been restored, and readers can be assured that every idea and technique presented here appears exactly as Graham intended. Highly practical and accessible, it is an essential guide for all business people--and makes the perfect companion volume to Graham's investment masterpiece The Intelligent Investor.@alex https://t.co/KFI8BHjBol
The Daily Stoic
Ryan Holiday
Why have history's greatest minds embraced the wisdom of the ancient Stoics? Because they realize that the most valuable wisdom is timeless and that philosophy is for living a better life, not a classroom exercise. Holiday and Hanselman off 366 days of Stoic insights and exercises, to help you find the serenity, self-knowledge, and resilience you need to live well.--Worldcat.Francis Bacon had remarked, “Some books are to be tasted, others to be swallowed, and some few to be chewed and digested.” This masterpiece by @RyanHoliday is one of those few. Absolutely brilliant! https://t.co/TcbJpR0gAn
EBoys
Randall E. Stross
Looking carefully at these "icons" of the 1990s, the author uses his unprecedented access to the venture capitalists behind Benchmark to reveal the surprising world behind the ultimate investment gamble.@fromjamrock https://t.co/INvdRdXq0p
The Man Who Solved the Market
Gregory Zuckerman
Bestselling author and veteran Wall Street Journal reporter Zuckerman answers the question investors have been asking for decades: How did Jim Simons do it? Simons is the greatest money maker in modern financial history. His track record bests those of legendary investors including Warren Buffett, Peter Lynch, Ray Dalio, and George Soros..@BrandonReeves08 https://t.co/pxXLEHMeAM
The Effective Executive
Peter F. Drucker
What makes an effective executive? The measure of the executive, Peter F. Drucker reminds us, is the ability to "get the right things done." This usually involves doing what other people have overlooked as well as avoiding what is unproductive. Intelligence, imagination, and knowledge may all be wasted in an executive job without the acquired habits of mind that mold them into results. Drucker identifies five practices essential to business effectiveness that can, and must, be learned: Managing time Choosing what to contribute to the organization Knowing where and how to mobilize strength for best effect Setting the right priorities Knitting all of them together with effective decision-making Ranging widely through the annals of business and government, Peter F. Drucker demonstrates the distinctive skill of the executive and offers fresh insights into old and seemingly obvious business situations.Book 41 Lesson: Organizations aren’t more effective because they have better people; they have better people because their standards, habits, and climate motivate self-development https://t.co/XOxwjsfobK
The Man Who Solved the Market
Gregory Zuckerman
Bestselling author and veteran Wall Street Journal reporter Zuckerman answers the question investors have been asking for decades: How did Jim Simons do it? Simons is the greatest money maker in modern financial history. His track record bests those of legendary investors including Warren Buffett, Peter Lynch, Ray Dalio, and George Soros..The Man Who Solved The Market is probably my favorite book this year, and it is *wild* that it recounts a single lifetime.
Human Compatible
Stuart Russell
A leading artificial intelligence researcher lays out a new approach to AI that will enable people to coexist successfully with increasingly intelligent machines.I just finished Stuart Russell’s marvelous book on AI safety Human Compatible, and I can’t recommend it highly enough! https://t.co/9XmUxouBA3
Incerto
Nassim Nicholas Taleb
The landmark five-book series--now in a beautifully designed, cloth-bound deluxe hardcover boxed set The Incerto is an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision making when we don't understand the world, expressed in the form a personal essay with autobiographical sections, stories, parables, and philosophical, historical, and scientific discussions, in non-overlapping volumes that can be accessed in any order. The main thread is that while there is inordinate uncertainty about what is going on, there is great certainty as to what one should do about it. This deluxe boxed set includes: FOOLED BY RANDOMNESS THE BLACK SWAN THE BED OF PROCRUSTES ANTIFRAGILE SKIN IN THE GAMEINCERTO: Good news. It turns out there is no paper quality issue. Could have been a trial batch. The commentator changed his review. When you charge $$$ for a book, it must be FLAWLESS. https://t.co/YAKKaQZOXx https://t.co/v7HaGD8u7E
Chaos Monkeys Intl
Antonio Garcia Martinez
Imagine a chimpanzee rampaging through a data center powering everything from Google to Facebook. Infrastructure engineers use a software version of this “chaos monkey” to test online services’ robustness—their ability to survive random failure and correct mistakes before they actually occur. Tech entrepreneurs are society’s chaos monkeys, disruptors testing and transforming every aspect of our lives, from transportation (Uber) and lodging (Airbnb) to television (Netflix) and dating (Tinder). One of Silicon Valley’s most provocative chaos monkeys is Antonio García Martínez. After stints on Wall Street and as CEO of his own startup, García Martínez joined Facebook’s nascent advertising team, turning its users’ data into profit for COO Sheryl Sandberg and Chairman and CEO Mark “Zuck” Zuckerberg. Forced out in the wake of an internal product war over the future of the company’s monetization strategy, García Martínez eventually landed at rival Twitter. He also fathered two children with a woman he barely knew, brewed illegal beer on the Facebook campus (accidentally flooding Zuckerberg’s desk), lived on a sailboat, raced sports cars on the 101, and enthusiastically pursued the life of an overpaid Silicon Valley cad. Now this gleeful contrarian unravels the chaotic evolution of social media and online marketing and reveals how it is invading our lives and shaping our future. Weighing in on everything from startups and credit derivatives to Big Brother and data tracking, social media monetization, and digital “privacy,” García Martínez shares his scathing observations and outrageous antics, taking us on a humorous, subversive tour of the fascinatingly insular tech industry. Chaos Monkeys lays bare the hijinks, trade secrets, and power plays of the visionaries, grunts, sociopaths, opportunists, accidental tourists, and money cowboys who are revolutionizing our world. The question is, how will we survive?@oliviasolon No. Not at all. Entirely the opposite. Look up the history of 'Sponsored Stories' (or read the chapter in Chaos Monkeys), the tag-along monetization product to platform. Huge failure, wasted a year of time (at least).
The Man Who Solved the Market
Gregory Zuckerman
Bestselling author and veteran Wall Street Journal reporter Zuckerman answers the question investors have been asking for decades: How did Jim Simons do it? Simons is the greatest money maker in modern financial history. His track record bests those of legendary investors including Warren Buffett, Peter Lynch, Ray Dalio, and George Soros..Reading @GZuckerman's new book on the hedge fund Renaissance Technologies, "The Man Who Solved The Market," and it is *good.* https://t.co/3EnbgLOB9I
The Man Who Solved the Market
Gregory Zuckerman
Bestselling author and veteran Wall Street Journal reporter Zuckerman answers the question investors have been asking for decades: How did Jim Simons do it? Simons is the greatest money maker in modern financial history. His track record bests those of legendary investors including Warren Buffett, Peter Lynch, Ray Dalio, and George Soros..I finished the Jim Simons/Renaissance Technologies book this past weekend One of the first truly new investment stories I've read in years If you think you know everything about the markets this book will change your mind https://t.co/A7OyZTyhHx
The Truth Machine
Paul Vigna
The authors explain both the technical and business-relevant concepts that blockchain technology affords digital security.More and more frequently, I point people to @paulvigna and @mikejcasey’s book for an accessible explanation of how blockchains allow us to establish certain kinds of truths even in adversarial environments. https://t.co/8cxleO8ob9 https://t.co/a0zsXR0L6y
Give and Take
Adam Grant
The New York Times bestseller 'Brimming with life-changing insights' Susan Cain, author of Quiet 'Excellent' Financial Times Everybody knows that hard work, luck and talent each plays a role in our working lives. In his landmark book, Adam Grant illuminates the importance of a fourth, increasingly critical factor - that the best way to get to the top is to focus on bringing others with you. Give and Take changes our fundamental understanding of why we succeed, offering a new model for our relationships with colleagues, clients and competitors. Using his own cutting-edge research as a professor at Wharton Business School, as well as success stories from Hollywood to history, Grant shows that nice guys need not finish last. He demonstrates how smart givers avoid becoming doormats, and why this kind of success has the power to transform not just individuals and groups, but entire organisations and communities.Also, ditch the summaries, read the book: https://t.co/M8O50wWIxk
The Perfect Store
Adam Cohen
Drawing on exclusive interviews with eBay's founder and employees, a journalist provides an inside look at Pierre Omidyar and his creation of the cyberspace giant and traces the company's history from first concept to a revolutionary Internet success. Reprint. 15,000 first printing.@TieshunR @modestproposal1 The Perfect Store: Inside eBay https://t.co/Tp4HObqR8s
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.@gasca Just discovered Atomic Habits by James Moore
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.Atomic Habits by @JamesClear is one of the best-selling books of the year. Three lessons: 1) He’s been interviewed on more than 100 podcasts. 2) His blog is a testing ground for ideas. Only the best ones made it into his book. 3) He has more than 500,000 email subscribers.
How to Castrate a Bull
Dave Hitz
Dave Hitz likes to solve fun problems. He didn’t set out to be a Silicon Valley icon, a business visionary, or even a billionaire. But he became all three. It turns out that business is a mosaic of interesting puzzles like managing risk, developing and reversing strategies, and looking into the future by deconstructing the past. As a founder of NetApp, a data storage firm that began as an idea scribbled on a placemat and now takes in $4 billion a year, Hitz has seen his company go through every major cycle in business—from the Jack-of-All-Trades mentality of a start-up, through the tumultuous period of the IPO and the dot-com bust, and finally to a mature enterprise company. NetApp is one of the fastest-growing computer companies ever, and for six years in a row it has been on Fortune magazine’s list of Best Companies to Work For. Not bad for a high school dropout who began his business career selling his blood for money and typing the names of diseases onto index cards. With colorful examples and anecdotes, How to Castrate a Bull is a story for everyone interested in understanding business, the reasons why companies succeed and fail, and how powerful lessons often come from strange and unexpected places. Dave Hitz co-founded NetApp in 1992 with James Lau and Michael Malcolm. He served as a programmer, marketing evangelist, technical architect, and vice president of engineering. Presently, he is responsible for future strategy and direction for the company. Before his career in Silicon Valley, Dave worked as a cowboy, where he got valuable management experience by herding, branding, and castrating cattle.@MatthewEdanWoo I liked this book about NetApp: https://t.co/hjgZRVqtxJ
This Could Be Our Future
Yancey Strickler
Excited for the launch of @kickstarter cofounder @ystrickler's new book "This Could Be Our Future: A Manifesto for a More Generous World." Check it out: https://t.co/qV88QkspNM
What the Dormouse Said
John Markoff
An analysis of the political and cultural forces that gave rise to the personal computer chronicles its development through the people, politics, and social upheavals that defined its time, from a teenage anti-war protester who laid the groundwork for the PC revolution to the imprisoned creator of the first word processing software for the IBM PC. 40,000 first printing.@miten If you like this genre, What The Dormouse Said is a great read on the technological and cultural revolution of Silicon Valley in the 60s and 70s
The Origin of Wealth
Eric D. Beinhocker
What is wealth?How is it created? And how can we create more of it for the benefit of individuals, businesses, and societies?In The Origin of Wealth,Eric Beinhocker provides provocative new answers to these fundamental questions. Beinhocker surveys the cutting-edge ideas of economists and scientists and brings their work alive for a broad audience. These researchers, he explains, are revolutionizing economics by showing how the economy is an evolutionary system, much like a biological system. It is economic evolution that creates wealth and has taken us from the Stone Age to the $36.5 trillion global economy of today. By better understanding economic evolution, Beinhocker writes, we can better understand how to create more wealth. The author shows how “complexity economics” is turning conventional wisdom on its head in areas ranging from business strategy and organizational design to investment strategy and public policy. As sweeping in scope as its title,The Origin of Wealthwill rewire our thinking about the workings of the global economy and where it is going.@commandodev @chris_herd @MitchWaldrop @EricBeinhocker A very important book. Assume you’ve also read Certain to Win for how to harness those forces. It’s all Boyd in the end ;)
Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.Btw if you haven’t read Super Pumped it is a must read. Spent my 5 hour flight finishing it which tells you how gripping it is because I get super motion sick reading on planes and threw up as soon as I got off 🤣
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.The Ethical Algorithm
Michael Kearns
Over the course of a generation, algorithms have gone from mathematical abstractions to powerful mediators of daily life. Algorithms have made our lives more efficient, more entertaining, and, sometimes, better informed. At the same time, complex algorithms are increasingly violating the basic rights of individual citizens. Allegedly anonymized datasets routinely leak our most sensitive personal information; statistical models for everything from mortgages to college admissions reflect racial and gender bias. Meanwhile, users manipulate algorithms to "game" search engines, spam filters, online reviewing services, and navigation apps. Understanding and improving the science behind the algorithms that run our lives is rapidly becoming one of the most pressing issues of this century. Traditional fixes, such as laws, regulations and watchdog groups, have proven woefully inadequate. Reporting from the cutting edge of scientific research, The Ethical Algorithm offers a new approach: a set of principled solutions based on the emerging and exciting science of socially aware algorithm design. Michael Kearns and Aaron Roth explain how we can better embed human principles into machine code - without halting the advance of data-driven scientific exploration. Weaving together innovative research with stories of citizens, scientists, and activists on the front lines, The Ethical Algorithm offers a compelling vision for a future, one in which we can better protect humans from the unintended impacts of algorithms while continuing to inspire wondrous advances in technology.JUST published: Really enjoyed reading The Ethical algorithm by Michael Kearns & Aaron Roth. It’s an accessible accurate overview of Key ethical issues in AI. Excellent examples & elegant prose.
The Logic Of Failure
Dietrich Dorner
An incisive analysis of real-life situations that helps all those involved in any kind of strategic planning recognize and avoid logical yet devastating errors.@DRMacIver Much less horrifying, but I quite enjoyed "The Logic of Failure". Has one of the best covers ever: https://t.co/PR8dAhB6Wa
Narrative Economics
Robert J. Shiller
"Economists have long based their forecasts on financial aggregates such as price-earnings ratios, asset prices, and exchange rate fluctuations, and used them to produce statistically informed speculations about the future--with limited success. Robert Shiller employs such aggregates in his own forecasts, but has famously complemented them with observations about the influence of mass psychology on certain events. This approach has come to be known as behavioral economics. How can economists effectively capture the effects of psychology and its influence on economic events and change? Shiller attempts to help us better understand how psychology affects events by explaining how popular economic stories arise, how they grow viral, and ultimately how they drive economic developments. After defining narrative economics in the book's preface with allusions to the advent of both the Great Depression and to World War II, Shiller presents an example of a recent economic narrative gone viral in the story of Bitcoin. Next, he explains how narrative economics works with reference to how other disciplines incorporate narrative into their analyses and also to how epidemiology explains how disease goes viral. He then presents accounts of recurring economic narratives, including the gold standard, real estate booms, war and depression, and stock market booms and crashes. He ends his book with a blueprint for future research by economists on narrative economics"--He's writing a book on narrative economics and his name is literally "Shiller" https://t.co/1alM3KrN5x
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.@JamesClear Does this count? https://t.co/1VPv3U8QTj
Zero to One
Peter Thiel
WHAT VALUABLE COMPANY IS NOBODY BUILDING? The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin wonâe(tm)t make a search engine. If you are copying these guys, you arenâe(tm)t learning from them. Itâe(tm)s easier to copy a model than to make something new: doing what we already know how to do takes the world from 1 to n, adding more of something familiar. Every new creation goes from 0 to 1. This book is about how to get there. âe~Peter Thiel has built multiple breakthrough companies, and Zero to One shows how.âe(tm) ELON MUSK, CEO of SpaceX and Tesla âe~This book delivers completely new and refreshing ideas on how to create value in the world.âe(tm) MARK ZUCKERBERG, CEO of Facebook âe~When a risk taker writes a book, read it. In the case of Peter Thiel, read it twice. Or, to be safe, three times. This is a classic.âe(tm) NASSIM NICHOLAS TALEB, author of The Black Swan@JamesClear The Practicing Mind Improv Wisdom Inner Game of Tennis Radical Candor Zero to One 5 Love Languages
The Enlightened Economy
Joel Mokyr
"This book focuses on the importance of ideological and institutional factors in the rapid development of the British economy during the years between the Glorious Revolution and the Crystal Palace Exhibition. Joel Mokyr shows that we cannot understand the Industrial Revolution without recognizing the importance of the intellectual sea changes of Britain's Age of Enlightenment. In a vigorous discussion, Mokyr goes beyond the standard explanations that credit geographical factors, the role of markets, politics, and society to show that the beginnings of modern economic growth in Britain depended a great deal on what key players knew and believed, and how those beliefs affected their economic behavior. He argues that Britain led the rest of Europe into the Industrial Revolution because it was there that the optimal intersection of ideas, culture, institutions, and technology existed to make rapid economic growth achievable. His wide-ranging evidence covers sectors of the British economy often neglected, such as the service industries."--Publisher description.Despite being a fan of Mokyr, only now getting to https://t.co/zYRZ3cyKeo, and it's very good. Sorta related, have also been enjoying https://t.co/h0kDbN68dh. Both do a nice job as biographies of particularly fertile places/times.
Rebooting AI
Gary Marcus
Two leaders in the field offer a compelling analysis of the current state of the art and reveal the steps we must take to achieve a truly robust artificial intelligence. Despite the hype surrounding AI, creating an intelligence that rivals or exceeds human levels is far more complicated than we have been led to believe. Professors Gary Marcus and Ernest Davis have spent their careers at the forefront of AI research and have witnessed some of the greatest milestones in the field, but they argue that a computer beating a human in Jeopardy! does not signal that we are on the doorstep of fully autonomous cars or superintelligent machines. The achievements in the field thus far have occurred in closed systems with fixed sets of rules, and these approaches are too narrow to achieve genuine intelligence. The real world, in contrast, is wildly complex and open-ended. How can we bridge this gap? What will the consequences be when we do? Taking inspiration from the human mind, Marcus and Davis explain what we need to advance AI to the next level, and suggest that if we are wise along the way, we won't need to worry about a future of machine overlords. If we focus on endowing machines with common sense and deep understanding, rather than simply focusing on statistical analysis and gatherine ever larger collections of data, we will be able to create an AI we can trust--in our homes, our cars, and our doctors' offices. Rebooting AI provides a lucid, clear-eyed assessment of the current science and offers an inspiring vision of how a new generation of AI can make our lives better.I really enjoyed @GaryMarcus's book Rebooting AI. As @rodneyabrooks put it: a welcome anti-dote to hype.
Alchemy
Rory Sutherland
The legendary advertising guru—Ogilvy UK’s vice chairman—and star of three massively popular TED Talks, blends the science of human behavior with his vast experience in the art of persuasion in this incomparable book that decodes successful branding and marketing in the vein of Freakonomics, Thinking Fast and Slow, and The Power of Habit. When Rory Sutherland was a trainee working on a direct mail campaign at the famed advertising firm OgilvyOne, he noticed that very small changes in design often had immense effects on the number of consumer responses. Yet no one he worked with knew why. Sutherland began taking stock of each effective yet nebulous trick—”the thing which has no name”—he discovered. As he rose in the advertising industry, he began to understand why these things had no name: no one was interested in quantifying them, cataloguing them, or really investigating them. So, he did it himself. Like classic behavioral economists Daniel Kahneman and Richard Thaler, Sutherland peels away hidden, often irrational human behaviors that explain how the world around us functions. In How to Be an Alchemist he examines why certain ads work and the broader truths they tell us about who we are. Why do people prefer stripy toothpaste, and how might that help us design retirement plans that young people would actually buy? Why do we think orange juice is healthy, and how does the same principle guide our feelings about nuclear reactors? Why do budget airlines advertise services they don’t offer—and what might insurance companies learn from them about keeping healthcare costs low? Filled with startling and profound conclusions, Sutherland’s journey through the world of advertising and its surprising lessons for human behavior is insightful, brilliant, eye-opening, and irresistibly fun.I loved the backstory on Red Bull's success despite less than stellar early reviews Alchemy is full of good stories & anecdotes like this https://t.co/f6E9OrYKoR https://t.co/Vc3PYcLfC4
Kochland
Christopher Leonard
Shortlisted for the 2019 Financial Times & McKinsey Business Book of the Year Award “Superb…Among the best books ever written about an American corporation.” —Bryan Burrough, The New York Times Book Review Just as Steve Coll told the story of globalization through ExxonMobil and Andrew Ross Sorkin told the story of Wall Street excess through Too Big to Fail, Christopher Leonard’s Kochland uses the extraordinary account of how one of the biggest private companies in the world grew to be that big to tell the story of modern corporate America. The annual revenue of Koch Industries is bigger than that of Goldman Sachs, Facebook, and US Steel combined. Koch is everywhere: from the fertilizers that make our food to the chemicals that make our pipes to the synthetics that make our carpets and diapers to the Wall Street trading in all these commodities. But few people know much about Koch Industries and that’s because the billionaire Koch brothers have wanted it that way. For five decades, CEO Charles Koch has kept Koch Industries quietly operating in deepest secrecy, with a view toward very, very long-term profits. He’s a genius businessman: patient with earnings, able to learn from his mistakes, determined that his employees develop a reverence for free-market ruthlessness, and a master disrupter. These strategies made him and his brother David together richer than Bill Gates. But there’s another side to this story. If you want to understand how we killed the unions in this country, how we widened the income divide, stalled progress on climate change, and how our corporations bought the influence industry, all you have to do is read this book. Seven years in the making, Kochland “is a dazzling feat of investigative reporting and epic narrative writing, a tour de force that takes the reader deep inside the rise of a vastly powerful family corporation that has come to influence American workers, markets, elections, and the very ideas debated in our public square. Leonard’s work is fair and meticulous, even as it reveals the Kochs as industrial Citizens Kane of our time” (Steve Coll, Pulitzer Prize–winning author of Private Empire).I recently read the fascinating book "Kochland". I won't comment on the Koch's politics, but their business empire is fascinating. Focusing on long term growth and careful expansion of existing competencies is very powerful over the course of decades.
Baruch My Own Story
Bernard Baruch
Bernard M. Baruch - one of the most remarkable men of our time - was an office boy at nineteen, a Wall Street partner at twenty-five, and a millionaire before he was thirty-five. For some men this success would mark the climax of a career; for Baruch it was only the beginning of a still greater one. In the fifty years since he made his first fortune, Bernard Baruch has been a trusted counselor of Presidents, an adviser on social and economic reforms, a statesman who has worked with two political parties and won the respect of both. In this, the first volume of his memoirs, Mr. Baruch analyzes his personal philosophy and shows how it helped him solve the many problems that confronted him in his public life as chairman of the War Industries Board during World War I and as United States representative on the United Nations Atomic Energy Commission. Informal yet penetrating, intimate yet never losing sight of major events and issues, BARUCH: My Own Story is infused with the remarkable personality of a truly distinguished American.Really enjoyed reading these great investing classics. There is so much to learn from history! https://t.co/FUbhQkVgbp
More from Less
Andrew McAfee
From the coauthor of the New York Times bestseller The Second Machine Age, a compelling argument—masterfully researched and brilliantly articulated—that we have at last learned how to increase human prosperity while treading more lightly on our planet. Throughout history, the only way for humanity to grow was by degrading the Earth: chopping down forests, fouling the air and water, and endlessly digging out resources. Since the first Earth Day in 1970, the reigning argument has been that taking better care of the planet means radically changing course: reducing our consumption, tightening our belts, learning to share and reuse, restraining growth. Is that argument correct? Absolutely not. In More from Less, McAfee argues that to solve our ecological problems we don’t need to make radical changes. Instead, we need to do more of what we’re already doing: growing technologically sophisticated market-based economies around the world. How can he possibly make this claim? Because of the evidence. America—a large, high-tech country that accounts for about 25% of the global economy—is now generally using less of most resources year after year, even as its economy and population continue to grow. What’s more, the US is polluting the air and water less, emitting fewer greenhouse gases, and replenishing endangered animal populations. And, as McAfee shows, America is not alone. Other countries are also transforming themselves in fundamental ways. What has made this turnabout possible? One thing, primarily: the collaboration between technology and capitalism, although good governance and public awareness have also been critical. McAfee does warn of issues that haven’t been solved, like global warming, overfishing, and communities left behind as capitalism and tech progress race forward. But overall, More from Less is a revelatory, paradigm-shifting account of how we’ve stumbled into an unexpectedly better balance with nature—one that holds out the promise of more abundant and greener centuries ahead.The central paradox of our time is that GDP continues to grow while resource consumption shrinks. This brilliant book by @amcafee explains how: https://t.co/wQet5CtaAz
Dealers of Lightning
Michael A. Hiltzik
For example: here’s a casual reference to a young Charles Symoni in Dealers of Lightning. https://t.co/ImQzhaSSun
Human Compatible
Stuart Russell
A leading artificial intelligence researcher lays out a new approach to AI that will enable people to coexist successfully with increasingly intelligent machines.Hooked
Nir Eyal
Outlines a model for innovating engaging products that encourage profitable customer behavior without costly advertising or aggressive messaging, drawing on the author's experiences as a startup founder to identify specific actionable steps.@nireyal @Flipkart @Walmart @BNBuzz @AmazonKindle My 9 year old daughter. How does she find new categories or authours ? She is not old enough to read book reviews. Friends and Bookshelves. I am interested in understanding what is the web equivalent. BTW, I learnt a lot from your booked "The Hooked"
- An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation.
@matt_levine You might enjoy https://t.co/UhRT0jRX0K; pertinent to today's column.
Taking the Work Out of Networking
Karen Wickre
The former Google executive, editorial director of Twitter and self-described introvert offers networking advice for anyone who has ever cancelled a coffee date due to social anxiety—about how to nurture a vibrant circle of reliable contacts without leaving your comfort zone. Networking has garnered a reputation as a sort of necessary evil in the modern business world. Some do relish the opportunity to boldly work the room, introduce themselves to strangers, and find common career ground—but for many others, the experience is often awkward, or even terrifying. The common networking advice for introverts are variations on the theme of overcoming or “fixing” their quiet tendencies. But Karen Wickre is a self-described introvert who has worked in Silicon Valley for 30 years. She shows you to embrace your true nature to create sustainable connections that can be called upon for you to get—and give—career assistance, advice, introductions, and lasting connections. Karen’s “embrace your quiet side” approach is for anyone who finds themselves shying away from traditional networking activities, or for those who would rather be curled up with a good book on a Friday night than out at a party. For example, if you’re anxious about that big professional mixer full of people you don’t know, she advises you to consider skipping it (many of these are not productive), and instead set up an intimate, one-on-one coffee date. She shows how to truly make the most out of social media to sustain what she calls “the loose touch habit” to build your own brain trust to last a lifetime. With compelling arguments and creative strategies, this new way to network is perfect not only for introverts, but for anyone who wants for a less conventional approach to get ahead in today’s job market.@kvox ty for the 📚 !!!! Introverts unite! https://t.co/KZA7Fquef5
Dealers of Lightning
Michael A. Hiltzik
Read about the Xerox Alto/Star here: Dealers of Lightning: Xerox PARC and the Dawn of the Computer Ag... https://t.co/GZMClHAdl6
Microsoft Secrets
Michael A. Cusumano
The authors reveal Microsoft's product development, marketing, and organizational strategies@mmullany Very little about Microsoft was written from that era that was focused on products and market. It was all about antitrust/evil "stuff." Early days of Office covered well in "Microsoft Secrets" (M Cusumano and R Selby). And this book chapter (not my fav) https://t.co/sKlpfx5nRk
The Idea Factory
Jon Gertner
@rivatez Have you read The Idea Factory? https://t.co/eW0sM2fGAd
Super Pumped: The Battle for Uber
Mike Isaac
Reading Super Pumped, the Uber book. I’ve heard this story many times but it’s still amazing: https://t.co/g1B5xwcsKB
The Outsiders
William Thorndike
It's time to redefine the CEO success story. Meet eight iconoclastic leaders who helmed firms where returns on average outperformed the S&P 500 by more than 20 times.A beautifully written #book. I wish all business books were this concise. Highly recommended. https://t.co/QeapWO7Bx5
High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinates@stoneagezenmind @shreyasnivas @JeffBezos High Output Management
Founders at Work
Jessica Livingston
I am reading “Founders at Work” by Jessica Livingston and Woz’s interview on the founding of Apple makes me feel like he is the closest thing to a real-life Iron Man without the swagger.
Confessions of a Public Speaker
Scott Berkun
In this hilarious and highly practical book, author and professional speaker Scott Berkun reveals the techniques behind what great communicators do, and shows how anyone can learn to use them well. For managers and teachers -- and anyone else who talks and expects someone to listen -- Confessions of a Public Speaker provides an insider's perspective on how to effectively present ideas to anyone. It's a unique, entertaining, and instructional romp through the embarrassments and triumphs Scott has experienced over 15 years of speaking to crowds of all sizes. With lively lessons and surprising confessions, you'll get new insights into the art of persuasion -- as well as teaching, learning, and performance -- directly from a master of the trade. Highlights include: Berkun's hard-won and simple philosophy, culled from years of lectures, teaching courses, and hours of appearances on NPR, MSNBC, and CNBC Practical advice, including how to work a tough room, the science of not boring people, how to survive the attack of the butterflies, and what to do when things go wrong The inside scoop on who earns $30,000 for a one-hour lecture and why The worst -- and funniest -- disaster stories you've ever heard (plus countermoves you can use) Filled with humorous and illuminating stories of thrilling performances and real-life disasters, Confessions of a Public Speaker is inspirational, devastatingly honest, and a blast to read.Slide:ology
Nancy Duarte
Presents practical approaches for developing an effective presentation, covering such topics as creating diagrams, displaying data, arranging elements, creating movement, and interacting with slides.Presentation Zen
Garr Reynolds
Provides lessons to help users design and deliver creative presentations using Microsoft PowerPoint.Indistractable
Nir Eyal
With groundbreaking research and exclusive interviews, Nir Eyal, author of the bestselling Hooked, lays bare the processes of distractions and how we can finally get them under control to give people the ultimate superpower of the 21st century: being indistractable.It arrived https://t.co/tKhWEBwNig
Prediction Machines
Ajay Agrawal
Cheap changes everything -- The magic of prediction -- Why it's called intelligence -- Data is the new oil -- The new division of labor -- Unpacking decisions -- The value of judgment -- Taming complexity -- What machines can learn -- Fully automated decision-making -- Deconstructing workflows -- Decomposing decisions -- Job redesign -- AI in the C-suite -- When AI transforms your business -- Managing AI risk -- Beyond business@giovfranchi good book
Super Pumped: The Battle for Uber
Mike Isaac
The Launch Pad
Randall Stross
If you're interested in the history of YC, I think this book is good. (I say "I think" because I haven't read all of it, but the bits I've read seem pretty good.) https://t.co/ruQiKb32uZ
The Launch Pad
Randall Stross
@iamslick @pranavsinghvi @Airbnb @stripe https://t.co/ruQiKb32uZ
The Little Book of Valuation
Aswath Damodaran
What a gem of a tiny #book by @aswathdamodaran. TLDR: valuation of a stock really depends on three things: - Post-tax earnings per share of a company that can be given to shareholders - Growth in those earnings over time - Risk (or predictability) of those earnings https://t.co/l6WsWXh0nc
Dealers of Lightning
Michael A. Hiltzik
@paulg @rivatez Well, recently it was Dealers of Lightning. It re-kindled my interest in focusing on building something valuable & hard vs simply opportunistic. It was exciting to internalize how folks tackled some really hard, fragile, & valuable ideas—in pursuit of making something possible.
Return to the Little Kingdom
Michael Moritz
A revised and expanded edition of the original 1984 work traces the Apple founders' childhoods and educations before the company's advent, in a volume that tracks Apple's development and profiles Steve Jobs.@paulg @rivatez Upside of Stress, Why We Sleep, The Score Takes Care of Itself, The Little Kingdom, Vision of the Anointed.
Open
Kimberly Clausing
With the winds of trade war blowing as they have not done in decades, and Left and Right flirting with protectionism, a leading economist forcefully shows how a free and open economy is still the best way to advance the interests of working Americans. Globalization has a bad name. Critics on the Left have long attacked it for exploiting the poor and undermining labor. Today, the Right challenges globalization for tilting the field against advanced economies. Kimberly Clausing faces down the critics from both sides, demonstrating in this vivid and compelling account that open economies are a force for good, not least in helping the most vulnerable. A leading authority on corporate taxation and an advocate of a more equal economy, Clausing agrees that Americans, especially those with middle and lower incomes, face stark economic challenges. But these problems do not require us to retreat from the global economy. On the contrary, she shows, an open economy overwhelmingly helps. International trade makes countries richer, raises living standards, benefits consumers, and brings nations together. Global capital mobility helps both borrowers and lenders. International business improves efficiency and fosters innovation. And immigration remains one of America's greatest strengths, as newcomers play an essential role in economic growth, innovation, and entrepreneurship. Closing the door to the benefits of an open economy would cause untold damage. Instead, Clausing outlines a progressive agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy, improve tax policy, and establish a better partnership between labor and the business community. Accessible, rigorous, and passionate, Open is the book we need to help us navigate the debates currently convulsing national and international economics and politics.everyone who found that trade section of the debate lacking should read @KClausing's great book Open https://t.co/TxtKLhdey7 https://t.co/wn6tUJMFXT
Innovating Out of Crisis
Shigetaka Komori
"Japanese edition published in 2013 as Tamashii no Keiei by Toyo Keizai Shinposha, Tokyo, Japan."High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinates@bjc290 @zebulgar I cited both in the lecture. High Output Management w a dose of the Score Takes Care of Itself. Add Loonshots.
Indistractable
Nir Eyal
With groundbreaking research and exclusive interviews, Nir Eyal, author of the bestselling Hooked, lays bare the processes of distractions and how we can finally get them under control to give people the ultimate superpower of the 21st century: being indistractable.Indistractable by @nireyal is out today! My copy is already well worn. Awesome book for how to take back control of your attention. Grab yours → https://t.co/GQIpGlPUtf https://t.co/ScO3WspB3S
Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.I was lukewarm about an Uber book but Super Pumped by Mike Isaac was excellent Couldn't put it down Finished entirely on my flight(s) to @wealthstackconf this morning Not only about Uber/Kalanick but also a history of Unicorns, apps & tech bro culture https://t.co/tE9VVJXjZP
Alchemy
Rory Sutherland
The legendary advertising guru—Ogilvy UK’s vice chairman—and star of three massively popular TED Talks, blends the science of human behavior with his vast experience in the art of persuasion in this incomparable book that decodes successful branding and marketing in the vein of Freakonomics, Thinking Fast and Slow, and The Power of Habit. When Rory Sutherland was a trainee working on a direct mail campaign at the famed advertising firm OgilvyOne, he noticed that very small changes in design often had immense effects on the number of consumer responses. Yet no one he worked with knew why. Sutherland began taking stock of each effective yet nebulous trick—”the thing which has no name”—he discovered. As he rose in the advertising industry, he began to understand why these things had no name: no one was interested in quantifying them, cataloguing them, or really investigating them. So, he did it himself. Like classic behavioral economists Daniel Kahneman and Richard Thaler, Sutherland peels away hidden, often irrational human behaviors that explain how the world around us functions. In How to Be an Alchemist he examines why certain ads work and the broader truths they tell us about who we are. Why do people prefer stripy toothpaste, and how might that help us design retirement plans that young people would actually buy? Why do we think orange juice is healthy, and how does the same principle guide our feelings about nuclear reactors? Why do budget airlines advertise services they don’t offer—and what might insurance companies learn from them about keeping healthcare costs low? Filled with startling and profound conclusions, Sutherland’s journey through the world of advertising and its surprising lessons for human behavior is insightful, brilliant, eye-opening, and irresistibly fun.This book by @rorysutherland is as good as everyone else says it is. https://t.co/TTksRK0prP
Face to Face
Brian Grazer
Featured on CBS This Morning, Squawk Box, MSNBC, CNN, Bloomberg, Forbes, Fast Company, The New York Times, and more. “Reading Face to Face is like being a fly on the wall, watching Brian Grazer work his magic. Utterly entertaining, this is how you become Hollywood’s best producer.” —Malcolm Gladwell, author of Talking to Strangers Legendary Hollywood producer and author of the bestselling A Curious Mind, Brian Grazer is back with a captivating new book about the life-changing ways we can connect with one another. Much of Brian Grazer’s success—as a #1 New York Times bestselling author, Academy Award–winning producer, father, and husband—comes from his ability to establish genuine connections with almost anyone. In Face to Face, he takes you around the world and behind the scenes of some of his most iconic movies and television shows, like A Beautiful Mind, Empire, Arrested Development, American Gangster, and 8 Mile, to show just how much in-person encounters have revolutionized his life—and how they have the power to change yours. With his flair for intriguing stories, Grazer reveals what he’s learned through interactions with people like Bill Gates, Taraji P. Henson, George W. Bush, Barack Obama, Eminem, Prince, Spike Lee, and the Afghani rapper activist Sonita: that the secret to a bigger life lies in personal connection. In a world where our attention is too often focused downward at our devices, Grazer argues that we are missing an essential piece of the human experience. Only when we are face to face, able to look one another in the eyes, can we form the kinds of connections that expand our world views, deepen our self-awareness, and ultimately lead to our greatest achievements and most meaningful moments. When we lift our eyes to look at the person in front of us, we open the door to infinite possibility.Face to Face: The Art of Human Connection by @BrianGrazer https://t.co/IjJ2qVRgYT
Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.Creating Customer Evangelists
Jackie Huba
When customers are truly thrilled about their experience with a product or service, they have the potential to become one of its influential evangelists. Savvy marketing professionals know that this group of true believers can be leveraged as a potent force to build word of mouth that leads to new customers. Creating Customer Evangelists explains how to develop marketing and sales strategies that create communities of passionate customers. By cultivating a dialogue and then creating emotion-driven relationships with customers, companies can inspire grassroots support. Creating Customer Evangelists shows how to convert good customers into exceptional ones who willingly spread the word. "Lessons of customer evangelism related through real life company stories make this book an absorbing read." -- Harvard Business School "I'll admit it: at first, I was a skeptic. But halfway through this savvy and compelling book, I became a convert. And by the time I'd turned the last page, I'd become an evangelist. Say it with me, brothers and sisters: customer evangelism is the future!" -- Dan Pink, author of Drive and A Whole New Mind "An inspiring and thorough book packed with real life examples, action items and insight." -- Emanuel Rosen, author of The Anatomy of Buzz Jackie Huba and Ben McConnell, authors of Citizen Marketers, popularized the term "customer evangelism." The Seth Godin-edited New York Times bestseller The Big Moo featured them among 33 of "the world's smartest business thinkers."@skupor Book 36 Lesson: Listen to your customers and identify how your product/service or the buying experience around it could make their lives more fulfilling. Evangelism comes from wanting to share something that’s made your life better and could work for someone else too. https://t.co/85K87RD1fI
The Gift of Global Talent
William R. Kerr
Introduction : why global talent matters to you -- Talent on the move -- The economics of talent clusters -- Innovation in the United States -- Points versus firms -- The education pathway -- Talent clusters to rule them all -- The new HR challenge -- Global diffusion remade -- Revenge of the nerds -- Conclusions : fragile U.S. leadership@kevinweil I don’t know what’s best, but here’s one way! (Source: https://t.co/NPxHPht5Wf.) https://t.co/RUNKX3tr6G
China's Economy
Arthur R. Kroeber
China is on track to exceed the United States as the world's largest economy in the next several years. It is already the leading global trading nation. Even though its growth rate has recently slowed from years past, China has had the fastest yearly growth rate of any country for much of thelast three decades. In China's Economy: What Everyone Needs to Know, Arthur Kroeber offers an overview of the highlights of China's development since economic reforms were initiated under Deng Xiaoping in 1979. He argues that manufacturing, agricultural change, and construction reoriented the economy in the 1980s and1990s through state-owned enterprises, private entrepreneurship, and foreign investment. Those shifts unleashed perhaps the largest migration ever in world history from rural areas to urban centers, accompanied by a no less unprecedented expansion of infrastructure. Changes in the country's fiscaland financial systems vastly increased China's monetary holdings from the 1990s onwards, leading to the country's strategic holding of more U.S. debt than any other nation. Kroeber also examines economic growth as it has been experienced by Chinese workers and consumers, including the mountingproblems of income and wealth inequality, corruption, and environmental degradation. Kroeber ultimately turns to the consequences of Chinese economic growth: its decisive impact on the world economy, its visible and challenging resource extraction from Africa and Latin America, and its increasingengagement with global economic institutions.Yes! This is also good on land reform and East Asian economic model https://t.co/HjmzNBu7h3 https://t.co/vjagRNu9iT
Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.@Propllrhead @MikeIsaac 😂🥰🤗 https://t.co/U1knm8EjEd
More Than You Know
Michael Mauboussin
Since its first publication, Michael J. Mauboussin's popular guide to wise investing has been translated into eight languages and has been named best business book by BusinessWeek and best economics book by Strategy+Business. Now updated to reflect current research and expanded to include new chapters on investment philosophy, psychology, and strategy and science as they pertain to money management, this volume is more than ever the best chance to know more than the average investor. Offering invaluable tools to better understand the concepts of choice and risk, More Than You Know is a unique blend of practical advice and sound theory, sampling from a wide variety of sources and disciplines. Mauboussin builds on the ideas of visionaries, including Warren Buffett and E. O. Wilson, but also finds wisdom in a broad and deep range of fields, such as casino gambling, horse racing, psychology, and evolutionary biology. He analyzes the strategies of poker experts David Sklansky and Puggy Pearson and pinpoints parallels between mate selection in guppies and stock market booms. For this edition, Mauboussin includes fresh thoughts on human cognition, management assessment, game theory, the role of intuition, and the mechanisms driving the market's mood swings, and explains what these topics tell us about smart investing. More Than You Know is written with the professional investor in mind but extends far beyond the world of economics and finance. Mauboussin groups his essays into four parts-Investment Philosophy, Psychology of Investing, Innovation and Competitive Strategy, and Science and Complexity Theory-and he includes substantial references for further reading. A true eye-opener, More Than You Know shows how a multidisciplinary approach that pays close attention to process and the psychology of decision making offers the best chance for long-term financial results.Good set of essays in this #book by @mjmauboussin The diversity of topics touched is fantastic though I wish there was more depth. Recommended. https://t.co/p9lPwmK8n0
Blockbusters
Anita Elberse
What is behind the phenomenal success of entertainment businesses such as Warner Bros., Marvel Enterprises and Manchester United - along with such stars as Jay-Z and Lady Gaga? Which strategies give leaders in film, television, music, publishing, and sports an edge over their rivals? Anita Elberse, Harvard Business School's expert on the entertainment industry, has done pioneering research on the worlds of media and sports for more than a decade. Now, in this groundbreaking book, she explains a powerful truth about the fiercely competitive world of entertainment: building a business around blockbuster products - the movies, television shows, songs and books that are hugely expensive to produce and market - is the surest path to long-term success. Along the way, she reveals why entertainment executives often spend outrageous amounts of money in search of the next blockbuster, why superstars are paid unimaginable sums and how digital technologies are transforming the entertainment landscape. Full of inside stories emerging from her unprecedented access to some of the world's most successful entertainment brands, Blockbusters is destined to become required reading for anyone seeking to understand how the entertainment industry really works - and how to navigate today's high-stakes business world at large. 'Convincing . . . Elberse's Blockbusters builds on her already impressive academic résumé to create an accessible and entertaining book.' Financial TimesAlso recommend this book on the topic with similar conclusions. https://t.co/5pB9jAdZKV https://t.co/em01ILYoVt
Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.With @CaseyNewton, @karaswisher , and @MikeIsaac at the book launch party. Meaning...you should all buy this book. https://t.co/1dP1eaZhRY https://t.co/RkLewgWU21
It Doesn't Have to Be Crazy at Work
Jason Fried
In this timely manifesto, the authors of the New York Times bestseller Rework broadly reject the prevailing notion that long hours, aggressive hustle, and "whatever it takes" are required to run a successful business today. In Rework, Jason Fried and David Heinemeier Hansson introduced a new path to working effectively. Now, they build on their message with a bold, iconoclastic strategy for creating the ideal company culture—what they call "the calm company." Their approach directly attack the chaos, anxiety, and stress that plagues millions of workplaces and hampers billions of workers every day. Long hours, an excessive workload, and a lack of sleep have become a badge of honor for modern professionals. But it should be a mark of stupidity, the authors argue. Sadly, this isn’t just a problem for large organizations—individuals, contractors, and solopreneurs are burning themselves out the same way. The answer to better productivity isn’t more hours—it’s less waste and fewer things that induce distraction and persistent stress. It’s time to stop celebrating Crazy, and start celebrating Calm, Fried and Hansson assert. Fried and Hansson have the proof to back up their argument. "Calm" has been the cornerstone of their company’s culture since Basecamp began twenty years ago. Destined to become the management guide for the next generation, It Doesn't Have to Be Crazy at Work is a practical and inspiring distillation of their insights and experiences. It isn’t a book telling you what to do. It’s a book showing you what they’ve done—and how any manager or executive no matter the industry or size of the company, can do it too.Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.I only read Atomic Habits recently, but @JamesClear’s point about the smoker resonated. I wanted to be someone who only drank on special occasions, and my habits followed. https://t.co/Gc5P2Pklsj
Kochland
Christopher Leonard
Shortlisted for the 2019 Financial Times & McKinsey Business Book of the Year Award “Superb…Among the best books ever written about an American corporation.” —Bryan Burrough, The New York Times Book Review Just as Steve Coll told the story of globalization through ExxonMobil and Andrew Ross Sorkin told the story of Wall Street excess through Too Big to Fail, Christopher Leonard’s Kochland uses the extraordinary account of how one of the biggest private companies in the world grew to be that big to tell the story of modern corporate America. The annual revenue of Koch Industries is bigger than that of Goldman Sachs, Facebook, and US Steel combined. Koch is everywhere: from the fertilizers that make our food to the chemicals that make our pipes to the synthetics that make our carpets and diapers to the Wall Street trading in all these commodities. But few people know much about Koch Industries and that’s because the billionaire Koch brothers have wanted it that way. For five decades, CEO Charles Koch has kept Koch Industries quietly operating in deepest secrecy, with a view toward very, very long-term profits. He’s a genius businessman: patient with earnings, able to learn from his mistakes, determined that his employees develop a reverence for free-market ruthlessness, and a master disrupter. These strategies made him and his brother David together richer than Bill Gates. But there’s another side to this story. If you want to understand how we killed the unions in this country, how we widened the income divide, stalled progress on climate change, and how our corporations bought the influence industry, all you have to do is read this book. Seven years in the making, Kochland “is a dazzling feat of investigative reporting and epic narrative writing, a tour de force that takes the reader deep inside the rise of a vastly powerful family corporation that has come to influence American workers, markets, elections, and the very ideas debated in our public square. Leonard’s work is fair and meticulous, even as it reveals the Kochs as industrial Citizens Kane of our time” (Steve Coll, Pulitzer Prize–winning author of Private Empire).@TrevMcKendrick Dark Money and Sons of Wichita. There's a new book about Koch Industries just out (Kochland) that's on my weekend to-read.
Private Truths, Public Lies
Timur Kuran
Preface Living a Lie The Significance of Preference Falsification Private and Public Preferences Private Opinion, Public Opinion The Dynamics of Public Opinion Institutional Sources of Preference Falsification Inhibiting Change Collective Conservatism The Obstinacy of Communism The Ominous Perseverance of the Caste System The Unwanted Spread of Affirmative Action Distorting Knowledge Public Discourse and Private Knowledge The Unthinkable and the Unthought The Caste Ethic of Submission The Blind Spots of Communism The Unfading Specter of White Racism Generating Surprise Unforeseen Political Revolutions The Fall of Communism and Other Sudden Overturns The Hidden Complexities of Social Evolution From Slavery to Affirmative Action Preference Falsification and Social Analysis Notes Index.The viral premium placed on performative belief by social media only makes the delta between falsified and revealed preference only grow. The key work here is Kuran's 'Private Truths, Public Lies', which delineates the phenomenon in academic depth. https://t.co/x9aclbftHE
Rebooting AI
Gary Marcus
Two leaders in the field offer a compelling analysis of the current state of the art and reveal the steps we must take to achieve a truly robust artificial intelligence. Despite the hype surrounding AI, creating an intelligence that rivals or exceeds human levels is far more complicated than we have been led to believe. Professors Gary Marcus and Ernest Davis have spent their careers at the forefront of AI research and have witnessed some of the greatest milestones in the field, but they argue that a computer beating a human in Jeopardy! does not signal that we are on the doorstep of fully autonomous cars or superintelligent machines. The achievements in the field thus far have occurred in closed systems with fixed sets of rules, and these approaches are too narrow to achieve genuine intelligence. The real world, in contrast, is wildly complex and open-ended. How can we bridge this gap? What will the consequences be when we do? Taking inspiration from the human mind, Marcus and Davis explain what we need to advance AI to the next level, and suggest that if we are wise along the way, we won't need to worry about a future of machine overlords. If we focus on endowing machines with common sense and deep understanding, rather than simply focusing on statistical analysis and gatherine ever larger collections of data, we will be able to create an AI we can trust--in our homes, our cars, and our doctors' offices. Rebooting AI provides a lucid, clear-eyed assessment of the current science and offers an inspiring vision of how a new generation of AI can make our lives better.Yoshua Bengio says that if you want to win the next Turing Award you should work on something other than deep learning. Reading this book is a good place to start: https://t.co/pGBETXxWRI
Alchemy
Rory Sutherland
The legendary advertising guru—Ogilvy UK’s vice chairman—and star of three massively popular TED Talks, blends the science of human behavior with his vast experience in the art of persuasion in this incomparable book that decodes successful branding and marketing in the vein of Freakonomics, Thinking Fast and Slow, and The Power of Habit. When Rory Sutherland was a trainee working on a direct mail campaign at the famed advertising firm OgilvyOne, he noticed that very small changes in design often had immense effects on the number of consumer responses. Yet no one he worked with knew why. Sutherland began taking stock of each effective yet nebulous trick—”the thing which has no name”—he discovered. As he rose in the advertising industry, he began to understand why these things had no name: no one was interested in quantifying them, cataloguing them, or really investigating them. So, he did it himself. Like classic behavioral economists Daniel Kahneman and Richard Thaler, Sutherland peels away hidden, often irrational human behaviors that explain how the world around us functions. In How to Be an Alchemist he examines why certain ads work and the broader truths they tell us about who we are. Why do people prefer stripy toothpaste, and how might that help us design retirement plans that young people would actually buy? Why do we think orange juice is healthy, and how does the same principle guide our feelings about nuclear reactors? Why do budget airlines advertise services they don’t offer—and what might insurance companies learn from them about keeping healthcare costs low? Filled with startling and profound conclusions, Sutherland’s journey through the world of advertising and its surprising lessons for human behavior is insightful, brilliant, eye-opening, and irresistibly fun.I’ve been struggling to find a great non-fiction book lately, but Alchemy by @rorysutherland is off to a strong start. Looking forward to the rest. https://t.co/Oo0JaYshaI
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.Amazon’s pricing algorithm remains a mystery to me but that mystery means Thinking in Bets is just $8 today :) https://t.co/2cZYvQnZtY https://t.co/zowtOdeOpF
Damn Good Advice (For People with Talent!)
George Lois
Damn Good Advice (For People With Talent!) is a look into the mind of one of America's most legendary creative thinkers, George Lois. Offering indispensle lessons, practical advice, facts, anecdotes and inspiration, this book is a timeless creative bible for all those looking to succeed in life, business and creativity. These are key lessons derived from the incomparle life of 'Master Communicator' George Lois, the original Mad Man of Madison Avenue. Written and compiled by the man The Wall Street Journal called "prodigy, enfant terrible, founder of agencies, creator of legends," each step is borne from a passion to succeed and a disdain for the status quo. Organised into inspirational, bite-sized pointers, each page offers fresh insight into the sources of success, from identifying your heroes to identifying yourself. The ideas, images and illustrations presented in this book are fresh, witty and in-your-face. Whether it's communicating your point in nanosecond, creating an explosive portfolio or making your presence felt, no one is better placed than George Lois to teach you the process of creativity. Poignant, punchy and to-the-point, Damn Good Advice (For People With Talent!) is a must have for anyone on a quest for success.George Lois is the American @rorysutherland, for the previous generation. A brilliant artist, advertiser, communicator: https://t.co/qKXtV827SO
Competitive Strategy
Michael E. Porter
Now nearing its sixtieth printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Electrifying in its simplicity—like all great breakthroughs—Porter’s analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies—lowest cost, differentiation, and focus—which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment. More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors, and choose competitive positions. The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing. Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter’s rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century.Book 33 Lesson: Strategy is an exercise in empathy and self-awareness: what can your rivals see, and what does that make them think and feel? What are your strengths and weaknesses, and what paths do they leave available to you? https://t.co/WC4ZojR9LQ
Secrets of Sand Hill Road
Scott Kupor
'Worth far more than its cover price ... I wish I’d had it available to me when I was first looking for startup funding' -- Eric Rees Every startup needs capital, and ambitious startups seek it on Sand Hill Road – Silicon Valley’s dream street for entrepreneurs. That’s where you’ll find the biggest names in venture capital, including the famed VC firm Andreessen Horowitz, where lawyer-turned-entrepreneur-turned-VC Scott Kupor serves as managing partner. Whether you’re trying to get a new company off the ground or scale an existing business to the next level, you need to understand how VCs think. Secrets of Sand Hill Road is the first book that shows you exactly how VCs decide where and how much to invest. It will help you get the best possible deal and make the most of your relationships with VCs. You’ll learn, for instance: -- Why most VCs typically invest in only one startup in a given business category -- Why the talent you need most when raising venture capital is your storytelling ability -- How to handle a 'down round', when you have to raise funds at a lower valuation than in your previous round -- Why bridge financing (reopening your last round to existing investors) is generally a bad idea -- What to do when VCs get too entangled in the day-to-day operations of your business -- Why you need to build relationships with potential acquirers long before you decide to sell Filled with Kupor’s firsthand experiences, insider advice, and practical takeaways, Secrets of Sand Hill Road is the guide you need to turn yourstartup into the next unicorn.I am not impartial, but @skupor book “Secrets of Sand Hill Road” is a great manual explaining the mechanics of venture capital in 2019. Especially useful for people outside the Silicon Valley ecosystem wondering why their angel investor wants 50% and a 3X liquidation preference
Ultralearning
Scott Young
Future-proof your career and maximize your competitive advantage by learning the skill necessary to stay relevant, reinvent yourself, and adapt to whatever the workplace throws your way in this essential guide that goes beyond the insights of popular works such as Extreme Productivity, Deep Work, Peak, and Make It Stick. Faced with tumultuous economic times and rapid technological change, staying ahead in your career depends on continual learning—a lifelong mastery of new ideas, subjects, and skills. If you want to accomplish more and stand apart from everyone else, you need to become an ultralearner. In this essential book, Scott Young incorporates the latest research about the most effective learning methods and the stories of other ultralearners like himself—among them Ben Franklin and Richard Feynman, as well as a host of others, such as little-known modern polymaths like Alexander Arguelles, who speaks more than forty languages. Young documents the methods he and others have used and shows that, far from being an obscure skill limited to aggressive autodidacts, ultralearning is a powerful tool anyone can use to improve their career, studies, and life. Ultralearning explores this fascinating subculture, shares the seven principles behind every successful ultralearning project, and offers insights into how you can organize and execute a plan to learn anything deeply and quickly, without teachers or budget-busting tuition costs. Whether the goal is to be fluent in a language (or ten languages), earn the equivalent of a college degree in a fraction of the time, or master multiple skills to build a product or business from the ground up, the principles in Ultralearning will guide you to success.Need a good book? Ultralearning by @ScottHYoung is out today. It shares a roadmap for accelerating your career and enhancing your life through periods of intense learning. If you're interested in learning faster, this is the best book on the subject. https://t.co/YcocSHXy6Q
Dynamic Hedging
Nassim Taleb
Destined to become a market classic, Dynamic Hedging is the only practical reference in exotic options hedgingand arbitrage for professional traders and money managers Watch the professionals. From central banks to brokerages to multinationals, institutional investors are flocking to a new generation of exotic and complex options contracts and derivatives. But the promise of ever larger profits also creates the potential for catastrophic trading losses. Now more than ever, the key to trading derivatives lies in implementing preventive risk management techniques that plan for and avoid these appalling downturns. Unlike other books that offer risk management for corporate treasurers, Dynamic Hedging targets the real-world needs of professional traders and money managers. Written by a leading options trader and derivatives risk advisor to global banks and exchanges, this book provides a practical, real-world methodology for monitoring and managing all the risks associated with portfolio management. Nassim Nicholas Taleb is the founder of Empirica Capital LLC, a hedge fund operator, and a fellow at the Courant Institute of Mathematical Sciences of New York University. He has held a variety of senior derivative trading positions in New York and London and worked as an independent floor trader in Chicago. Dr. Taleb was inducted in February 2001 in the Derivatives Strategy Hall of Fame. He received an MBA from the Wharton School and a Ph.D. from University Paris-Dauphine.In my book Dynamic Hedging I show arbitrage bounds for correlations, a tutorial. We knew correlations were not transitive but the bounds were arbitrages. https://t.co/ag59oBjRVs
The Black Swan
Nassim Nicholas Taleb
The Black Swan is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are Fooled by Randomness, Antifragile, and The Bed of Procrustes. A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives. Why do we not acknowledge the phenomenon of black swans until after they occur? Part of the answer, according to Taleb, is that humans are hardwired to learn specifics when they should be focused on generalities. We concentrate on things we already know and time and time again fail to take into consideration what we don’t know. We are, therefore, unable to truly estimate opportunities, too vulnerable to the impulse to simplify, narrate, and categorize, and not open enough to rewarding those who can imagine the “impossible.” For years, Taleb has studied how we fool ourselves into thinking we know more than we actually do. We restrict our thinking to the irrelevant and inconsequential, while large events continue to surprise us and shape our world. In this revelatory book, Taleb explains everything we know about what we don’t know, and this second edition features a new philosophical and empirical essay, “On Robustness and Fragility,” which offers tools to navigate and exploit a Black Swan world. Elegant, startling, and universal in its applications, The Black Swan will change the way you look at the world. Taleb is a vastly entertaining writer, with wit, irreverence, and unusual stories to tell. He has a polymathic command of subjects ranging from cognitive science to business to probability theory. The Black Swan is a landmark book—itself a black swan. Praise for Nassim Nicholas Taleb “The most prophetic voice of all.”—GQ Praise for The Black Swan “[A book] that altered modern thinking.”—The Times (London) “A masterpiece.”—Chris Anderson, editor in chief of Wired, author of The Long Tail “Idiosyncratically brilliant.”—Niall Ferguson, Los Angeles Times “The Black Swan changed my view of how the world works.”—Daniel Kahneman, Nobel laureate “[Taleb writes] in a style that owes as much to Stephen Colbert as it does to Michel de Montaigne. . . . We eagerly romp with him through the follies of confirmation bias [and] narrative fallacy.”—The Wall Street Journal “Hugely enjoyable—compelling . . . easy to dip into.”—Financial Times “Engaging . . . The Black Swan has appealing cheek and admirable ambition.”—The New York Times Book Review From the Hardcover edition.@UntergrundmannG @wherati @Thevesh Exactly. That's the one I used in The Black Swan!
The Wealth of Nations
Adam Smith
The classic eighteenth-century treatise on the principles of political economics is presented in a definitive text with an introduction, chronology, and index.@imSinghAjay The Wealth of Nations.
The Future Is Asian
Parag Khanna
In the 19th century, the world was Europeanized. In the 20th century, it was Americanized. Now, in the 21st century, the world is being Asianized. The “Asian Century” is even bigger than you think. Far greater than just China, the new Asian system taking shape is a multi-civilizational order spanning Saudi Arabia to Japan, Russia to Australia, Turkey to Indonesia—linking five billion people through trade, finance, infrastructure, and diplomatic networks that together represent 40 percent of global GDP. China has taken a lead in building the new Silk Roads across Asia, but it will not lead it alone. Rather, Asia is rapidly returning to the centuries-old patterns of commerce, conflict, and cultural exchange that thrived long before European colonialism and American dominance. Asians will determine their own future—and as they collectively assert their interests around the world, they will determine ours as well. There is no more important region of the world for us to better understand than Asia – and thus we cannot afford to keep getting Asia so wrong. Asia’s complexity has led to common misdiagnoses: Western thinking on Asia conflates the entire region with China, predicts imminent World War III around every corner, and regularly forecasts debt-driven collapse for the region’s major economies. But in reality, the region is experiencing a confident new wave of growth led by younger societies from India to the Philippines, nationalist leaders have put aside territorial disputes in favor of integration, and today’s infrastructure investments are the platform for the next generation of digital innovation. If the nineteenth century featured the Europeanization of the world, and the twentieth century its Americanization, then the twenty-first century is the time of Asianization. From investment portfolios and trade wars to Hollywood movies and university admissions, no aspect of life is immune from Asianization. With America’s tech sector dependent on Asian talent and politicians praising Asia’s glittering cities and efficient governments, Asia is permanently in our nation’s consciousness. We know this will be the Asian century. Now we finally have an accurate picture of what it will look like.The American century is ending. The Asian century is beginning. https://t.co/0waq25dx80
Let My People Go Surfing
Yvon Chouinard
As a child, Yvon Chouinard moved to Southern California with little English and less money. Today his company, Patagonia, earns more than $600 million a year and is a beacon and benchmark for sustainable capitalism. This is the amazing story of a young man who found escape by scaling the world's highest peaks, of an innovator who used his father's blacksmith tools to fashion equipment that changed climbing forever, and of the entrepreneur who brought doing good and having a blast into the heart of a business.Let My People Go Surfing by Yvon Chouinard https://t.co/4v3r4Jw2BI https://t.co/n91bWRqulz
Debt
David Graeber
A revised and updated edition of the international bestseller. Graeber, one of the early organisers of Occupy Wall Street and a well regarded academic, presents a stunning reversal of conventional wisdom; he shows that before there was money, there was debt. For more than 5000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods, long before the invention of cash. It is in this era, Graeber argues, that we first see a society divided between debtors and creditors.@siddy_sid001 “Debt: the first 5000 years” by @davidgraeber is an amazing book on the subject
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.New post: Really enjoyed reading Thinking in Bets by Annie Duke, which encourages us to think of decisions as structured bets in an attempt to overcome the cognitive biases that cause poor decision-making https://t.co/yn3nfjNTtt
VC
Tom Nicholas
From nineteenth-century whaling to a multitude of firms pursuing entrepreneurial finance today, venture finance reflects a deep-seated tradition in the deployment of risk capital in the United States. Tom Nicholas’s history of the venture capital industry offers a roller coaster ride through America’s ongoing pursuit of financial gain.@rabois Agreed. Highly recommend reading “VC: An American History” by Tom Nicholas which talked about this a bit. https://t.co/Biwlg9LdWC
Leading Systems
Barry Oshry
Accessible, full of real-life examples, and beautifully written by a pioneer in systems thinking A systems framework based not on hopes and dreams but on thirty years of research on what systems really are Speaks to leadership in the family, community, organization, and nation For over thirty years, Barry Oshry has uncovered core truths about how we operate in large organizations through the Power Lab, an experiential program that has been called "The World Series of Leadership Development Activities." In Leading Systems, Oshry reveals the lessons he has derived from his Power Lab experiences-experiences that have been central to his innovative insights about human systems and system leadership. Oshry maintains that the next evolutionary challenge for human beings is to recognize ourselves as system creatures, see how system processes shape our experiences, and develop the knowledge and skills to master these processes rather than be victims of them. Drawing on his Power Lab experiences, he reveals the possibilities of systems leadership and how effective leadership can provide the basis for creating sane, healthy, effective social systems. Challenging conventional thinking, Oshry shows the limitations of consensus, the importance of unilateral action, and the restrictions that our values-such as egalitarianism, liberalism, conservatism-can place on power. He reveals how the problems we often believe are personal or peculiar to our system or circumstances are in factsystemic, limiting the possibilities of both individuals and the system as a whole-and he demonstrates what it takes to break out and elevate ourselves and our systems to higher levels of possibility. Perhaps most importantly, Oshry shares his experience in discovering what he calls "exhilarating concepts," and shows how these concepts offer unusual insights into the nature of systems, shedding light on everything from organizational dysfunction to the conflicts that occur along lines of race,gender, sexual orientation, and ethnicity. It is only through this deep knowledge, Oshry says, that system leaders can elevate their systems to those higher levels of possibility to which we aspire. Offering new directions, Leading Systems is essential reading for anyone who wants a deep understanding of how systems work and how to exert enlightened leadership.@sriramk Look into “Power Lab”. Often in systems we fail to account for reality that everyone is in a middle making trade offs. That PM on Notes has to worry about the platform strategy changing and balancing that with Note-takers, for example. https://t.co/Ed4oNJnrnF
Sell More Faster
Amos Schwartzfarb
From Amos Schwartzfarb, serial entrepreneur and veteran Managing Director of Techstars Austin comes the elemental, essential, and effective strategy that will help any startup identify, build, and grow their customers from day 1 Most startups fail because they can’t grow revenue early or quickly enough. Startup CEOs will tell you their early missteps can be attributed to not finding their product market fit early enough, or at all. Founders overspend time and money trying to find product-market fit and make false starts, follow the wrong signals, and struggle to generate enough revenue to scale and raise funding. And all the while they never really knew who their customers were, what product they really needed, and why they needed it. But it doesn’t have to be this way, and founders don’t need to face it alone. Through expert guidance and experienced mentorship, every startup can avoid these pitfalls. The ultimate guide for building and scaling any startup sales organization, Sell More Faster shares the proven systems, methods, and lessons from Managing Director of Techstars Austin and sales expert Amos Schwartzfarb. Hear from founders of multi-million-dollar companies and CEOs who learned firsthand with Techstars, the leading mentorship-driven startup accelerator and venture capital firm that has invested in and mentored thousands of companies, collectively representing billions of dollars in funding and market cap. Schwartzfarb, and the Techstars Worldwide Network of more than 10,000 mentors do one thing better than anyone: help startup entrepreneurs succeed. They know how to sell, how to hire people who know how to sell, and how to use sales to gain venture funding—and now you can, too. Sell More Faster delivers the critical strategies and guidance necessary to avoid and manage the hazards all startups face and beat the odds. This valuable resource delivers: A comprehensive playbook to identify product market direction and product market fit Expert advice on building a diverse sales team and how to identify, recruit, and train the kinds of team members you need Models and best practices for sales funnels, pricing, compensation, and scaling A roadmap to create a repeatable and measurable path to find product-market fit Aggregated knowledge from Techstars leaders and industry experts Sell More Faster is an indispensable guide for entrepreneurs seeking product-market fit, building their sales team, developing a growth strategy, and chasing accelerated, sustained selling success.The Business of Platforms
Michael A. Cusumano
A trio of experts on high-tech business strategy and innovation reveal the principles that have made platform businesses the most valuable firms in the world and the first trillion-dollar companies. Managers and entrepreneurs in the digital era must learn to live in two worlds—the conventional economy and the platform economy. Platforms that operate for business purposes usually exist at the level of an industry or ecosystem, bringing together individuals and organizations so they can innovate and interact in ways not otherwise possible. Platforms create economic value far beyond what we see in conventional companies. The Business of Platforms is an invaluable, in-depth look at platform strategy and digital innovation. Cusumano, Gawer, and Yoffie address how a small number of companies have come to exert extraordinary influence over every dimension of our personal, professional, and political lives. They explain how these new entities differ from the powerful corporations of the past. They also question whether there are limits to the market dominance and expansion of these digital juggernauts. Finally, they discuss the role governments should play in rethinking data privacy laws, antitrust, and other regulations that could reign in abuses from these powerful businesses. Their goal is to help managers and entrepreneurs build platform businesses that can stand the test of time and win their share of battles with both digital and conventional competitors. As experts who have studied and worked with these firms for some thirty years, this book is the most authoritative and timely investigation yet of the powerful economic and technological forces that make platform businesses, from Amazon and Apple to Microsoft, Facebook, and Google—all dominant players in shaping the global economy, the future of work, and the political world we now face.@garrytan Agree, just finished reading Business of Platforms and left feeling disappointed by the lack of concern for platform risk Entrepreneurs and marketing hires need to understand the nuance of each platform https://t.co/OpBLKatp9x
The Value of Everything
Mariana Mazzucato
Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - to radically transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Who is creating it, who is extracting it, and who is destroying it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic: that works for us all. The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.@kellan @MazzucatoM The Value of Everything. See my review of it here: https://t.co/BS62EXpDU7
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.Your Saturday morning book recommendation: “The Hard Thing About Hard Things.”
The Four Steps to the Epiphany
Steve Blank
The bestselling classic that launched 10,000 startups and new corporate ventures - The Four Steps to the Epiphany is one of the most influential and practical business books of all time. The Four Steps to the Epiphany launched the Lean Startup approach to new ventures. It was the first book to offer that startups are not smaller versions of large companies and that new ventures are different than existing ones. Startups search for business models while existing companies execute them. The book offers the practical and proven four-step Customer Development process for search and offers insight into what makes some startups successful and leaves others selling off their furniture. Rather than blindly execute a plan, The Four Steps helps uncover flaws in product and business plans and correct them before they become costly. Rapid iteration, customer feedback, testing your assumptions are all explained in this book. Packed with concrete examples of what to do, how to do it and when to do it, the book will leave you with new skills to organize sales, marketing and your business for success. If your organization is starting a new venture, and you're thinking how to successfully organize sales, marketing and business development you need The Four Steps to the Epiphany. Essential reading for anyone starting something new.@m2jr @semil Chapter 3 of Four Steps to the Epiphany. Steve Blank gives you a step by step instruction manual for exactly how to get out of the building and talk to prospective customers -- very useful for technical founders who need rules of social interaction spelled out for them!
Loonshots
Safi Bahcall
*Wall Street Journal bestseller *Next Big Idea Club selection—chosen by Malcolm Gladwell, Susan Cain, Dan Pink, and Adam Grant as one of the "two most groundbreaking new nonfiction reads of the season" *Washington Post's "10 Leadership Books to Watch for in 2019" *Inc.com's "10 Business Books You Need to Read in 2019" *Business Insider's "14 Books Everyone Will Be Reading in 2019" “This book has everything: new ideas, bold insights, entertaining history and convincing analysis. Not to be missed by anyone who wants to understand how ideas change the world.” —Daniel Kahneman, winner of the Nobel Prize and author of Thinking, Fast and Slow What do James Bond and Lipitor have in common? What can we learn about human nature and world history from a glass of water? In Loonshots, physicist and entrepreneur Safi Bahcall reveals a surprising new way of thinking about the mysteries of group behavior that challenges everything we thought we knew about nurturing radical breakthroughs. Drawing on the science of phase transitions, Bahcall shows why teams, companies, or any group with a mission will suddenly change from embracing wild new ideas to rigidly rejecting them, just as flowing water will suddenly change into brittle ice. Mountains of print have been written about culture. Loonshots identifies the small shifts in structure that control this transition, the same way that temperature controls the change from water to ice. Using examples that range from the spread of fires in forests to the hunt for terrorists online, and stories of thieves and geniuses and kings, Bahcall shows how this new kind of science helps us understand the behavior of companies and the fate of empires. Loonshots distills these insights into lessons for creatives, entrepreneurs, and visionaries everywhere. Over the past decade, researchers have been applying the tools and techniques of phase transitions to understand how birds flock, fish swim, brains work, people vote, criminals behave, ideas spread, diseases erupt, and ecosystems collapse. If twentieth-century science was shaped by the search for fundamental laws, like quantum mechanics and gravity, the twenty-first will be shaped by this new kind of science. Loonshots is the first to apply these tools to help all of us unlock our potential to create and nurture the crazy ideas that change the world.Had breakfast with the great @SafiBahcall, whose book Loonshots is the best thing you'll read this year. Follow him and check out the book if you haven't. https://t.co/vkhmsfIRpK
Think and Grow Rich
Napoleon Hill
An updated edition of the best-selling guide features anecdotes about such modern figures as Bill Gates, Dave Thomas, and Sir John Templeton, explaining how their examples can enable modern readers to pursue wealth and overcome personal stumbling blocks. Original. 30,000 first printing.Finally reading Think and Grow Rich by Napoleon Hill. So timeless. This quote in the intro stood out: “There is one quality which one must possess to win, and that is definiteness of purpose, the knowledge of what one wants, and a burning desire to possess it.” #manifestdestiny
When
Daniel H. Pink
Illuminates the scientific factors that shape the hidden patterns of a day and challenge scheduled activities, drawing on research in the disciplines of psychology, biology, and economics to share practical advice and anecdotes for promoting a richer, more engaged life. Our lives are a never-ending stream of decisions: when to start a business, schedule a class, get serious about a person. Yet we make those decisions based on intuition and guesswork. Pink reveals how to use the hidden patterns of the day to build the ideal schedule, and the ideal time to quit a job, switch careers, or get married. He distills cutting-edge research and data on timing into a fascinating, readable narrative that gives readers compelling insights into how we can live richer, more engaged lives.@shriyanevatia @kiranoodleman @sarthakgh @eriktorenberg @blakeir @rrhoover I try to organize my day around energy levels workout in the morning, high priority meeting for breakfast then a big block of focused work I try to reduce 1:1's by getting like-minded ppl together. @eriktorenberg is the master of this! 📕 When https://t.co/Q4jRWIVtna
For some perspective. https://t.co/U4g8VeqIHF
Digital Minimalism
Cal Newport
"It's official: excessive "internetting," smartphoning, and social media make us miserable. But it doesn't have to be that way. Over the last decade, recognized journalist Blake Snow rigorously researched, tested, and developed several connectivity strategies for finding offline balance in an online world, which resulted in this, his first book. In Log Off: How to Stay Connected after Disconnecting, Snow passionately, succinctly, and sometimes humorously explains how to hit refresh for good, do more with less online, live large on low-caloric technology, increase facetime with actual people, outperform workaholics in half the time, and tunefully blend both analog and digital lives with no regrets. If the "offline balance movement" is real, this is its playbook." -- Back CoverEmerged from a 6 day digital detox. No screens. No internet. So incredibly therapeutic. While away, I read Digital Minimalism by Cal Newport. Made me realize how addicted I’ve become to my phone and information. It’s time to rethink and redefine how I use tech in my life.
Bitter Brew
William Knoedelseder
“Bitter Brew deftly chronicles the contentious succession of kings in a uniquely American dynasty. You’ll never crack open a six again without thinking of this book.” —John Sayles, Director of Eight Men Out and author of A Moment in the Sun The creators of Budweiser and Michelob beers, the Anheuser-Busch company is one of the wealthiest, most colorful and enduring family dynasties in the history of American commerce. In Bitter Brew, critically acclaimed journalist William Knoedelseder tells the riveting, often scandalous saga of the rise and fall of the dysfunctional Busch family—an epic tale of prosperity, profligacy, hubris, and the dark consequences of success that spans three centuries, from the open salvos of the Civil War to the present day.@gerstenzang @kylebrussell Would also recommend Bitter Brew: The Rise and Fall of Anheuser-Busch and America's Kings of Beer
The Firm
Duff McDonald
A behind-the-scenes, revelatory history of the controversial consulting firm traces its decades-long influence in both business and political arenas, citing its role in the establishment of mainstream practices and modern understandings about capitalism while evaluating the failures that have compromised its reputation. 60,000 first printing.@gerstenzang @kylebrussell Sam, I was inspired by your business history thread a while ago and read several books from the list including The Fish That Ate the Whale and The Firm.
Skin in the Game
Nassim Nicholas Taleb
From the bestselling author of The Black Swan, a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility 'Skin in the game means that you do not pay attention to what people say, only to what they do, and how much of their neck they are putting on the line' Citizens, artisans, police, fishermen, political activists and entrepreneurs all have skin in the game. Policy wonks, corporate executives, many academics, bankers and most journalists don't. It's all about having something to lose and sharing risks with others. In his most provocative and practical book yet, Nassim Nicholas Taleb shows that skin in the game, often seen as the foundation of risk management, in fact applies to all aspects of our lives. In his inimitable style, Taleb draws on everything from Antaeus the Giant to Hammurabi to Donald Trump, from ethics to used car salesmen, to create a jaw-dropping framework for understanding this idea. Among his insights: For social justice, focus on symmetry and risk sharing. Minorities, not majorities, run the world. You can be an intellectual yet still be an idiot. Beware of complicated solutions (that someone was paid to find). Just as The Black Swan did during the 2007 financial crisis, Skin in the Game comes at precisely the right moment to challenge our long-held beliefs about risk, reward, politics, religion and business - and make us rethink everything we thought we knew.@conorsen Lol. The Skin in the Game book is quite powerful, albeit often redundant.
Eboys
Randall E. Stross
Looking carefully at these "icons" of the 1990s, the author uses his unprecedented access to the venture capitalists behind Benchmark to reveal the surprising world behind the ultimate investment gamble.I finished reading eBoys yesterday. Best book ever on VC: * Benchmark allowed a journalist inside partner meetings & you see internal debates /eBay creation. * Firsthand account of @bgurley being recruited to Benchmark. * Wish more VC's gave this access. https://t.co/rVZhiGfcxk
Differentiate or Die
Jack Trout
A newly revised and expanded edition of the revolutionary business classic, Differentiate or Die, Second Edition shows you how to differentiate your products, services, and business in order to dominate the competition. Veteran marketing guru Jack Trout uses real-world examples and his own unique insight to show you how to bind customers to your products for long-term success and loyalty. This edition includes new case studies, new research, and updated examples from around the world.@SparksZilla Differentiate or Die by Jack Trout
Setting the Table
Danny Meyer
A landmark, bestselling business book and a fascinating behind-the-scenes history of the creation of Danny's most famous eating establishments, Setting the Table is a treasure trove of valuable, innovative insights applicable to any business or organization.Finishing up ‘Setting the Table’ by @dhmeyer. Highly recommended for those passionate about hospitality, food and/or and delivering a delightful customer experience. What a legend. https://t.co/AoRbX5UTBI
Hooked
Nir Eyal
Outlines a model for innovating engaging products that encourage profitable customer behavior without costly advertising or aggressive messaging, drawing on the author's experiences as a startup founder to identify specific actionable steps.I used to feel this way about LinkedIn right up to it getting bought for $26.2 billion. It's easy to criticize growth hacks such as various nudges to reopen the app and engage with other users but the fact is that it works extremely well. Read https://t.co/8VsTxXvVK1 for why. https://t.co/jUziDx4G1a
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.I read @bhorowitz 's Hard Thing right before joining the team and it is still one of the most real, no BS take on a founder's journey I've ever read. Pre-ordering this right away! The@a16z lobby bookshelf will soon have space enough just for books by a16z folks! https://t.co/zBglLiXSo0
Skin in the Game
Nassim Nicholas Taleb
From the bestselling author of The Black Swan, a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility 'Skin in the game means that you do not pay attention to what people say, only to what they do, and how much of their neck they are putting on the line' Citizens, artisans, police, fishermen, political activists and entrepreneurs all have skin in the game. Policy wonks, corporate executives, many academics, bankers and most journalists don't. It's all about having something to lose and sharing risks with others. In his most provocative and practical book yet, Nassim Nicholas Taleb shows that skin in the game, often seen as the foundation of risk management, in fact applies to all aspects of our lives. In his inimitable style, Taleb draws on everything from Antaeus the Giant to Hammurabi to Donald Trump, from ethics to used car salesmen, to create a jaw-dropping framework for understanding this idea. Among his insights: For social justice, focus on symmetry and risk sharing. Minorities, not majorities, run the world. You can be an intellectual yet still be an idiot. Beware of complicated solutions (that someone was paid to find). Just as The Black Swan did during the 2007 financial crisis, Skin in the Game comes at precisely the right moment to challenge our long-held beliefs about risk, reward, politics, religion and business - and make us rethink everything we thought we knew.@lightroasted Skin in the Game
Trillion Dollar Coach
Eric Schmidt
The team behind How Google Works returns with management lessons from legendary coach and business executive, Bill Campbell, whose mentoring of some of our most successful modern entrepreneurs has helped create well over a trillion dollars in market value. Bill Campbell played an instrumental role in the growth of several prominent companies, such as Google, Apple, and Intuit, fostering deep relationships with Silicon Valley visionaries, including Steve Jobs, Larry Page, and Eric Schmidt. In addition, this business genius mentored dozens of other important leaders on both coasts, from entrepreneurs to venture capitalists to educators to football players, leaving behind a legacy of growing companies, successful people, respect, friendship, and love after his death in 2016. Leaders at Google for over a decade, Eric Schmidt, Jonathan Rosenberg, and Alan Eagle experienced firsthand how the man fondly known as Coach Bill built trusting relationships, fostered personal growth—even in those at the pinnacle of their careers—inspired courage, and identified and resolved simmering tensions that inevitably arise in fast-moving environments. To honor their mentor and inspire and teach future generations, they have codified his wisdom in this essential guide. Based on interviews with over eighty people who knew and loved Bill Campbell, Trillion Dollar Coach explains the Coach’s principles and illustrates them with stories from the many great people and companies with which he worked. The result is a blueprint for forward-thinking business leaders and managers that will help them create higher performing and faster moving cultures, teams, and companies.I finished Trillion Dollar Coach this week. I grew up knowing Bill Campbell as a family friend and my football coach & had no idea about his impact on the tech industry. He never mentioned any of that to us. Incredible human. Should be required reading at every company.
Startupland
Mikkel Svane
The real story of what it takes to risk it all and go for broke. Conventional wisdom says most startups need to be in Silicon Valley, started by young engineers around a sexy new idea, and backed by VC funding. But as Mikkel Svane reveals in Startupland, the story of founding Zendesk was anything but conventional. Founded in a Copenhagen loft by three thirty-something friends looking to break free from corporate doldrums, Zendesk Inc. is now one of the hottest enterprise software companies, still rapidly growing with customers in 150 countries. But its success was anything but predestined. With revealing stories both funny and frank, Mikkel shares how he and his friends bravely left secure jobs to start something on their own, how he almost went broke several times, how they picked up themselves and their families to travel across the world to California and the unknown, and how the three friends were miraculously still together for Zendesk's IPO and (still growing) success. Much like Zendesk's mission itself—to remove friction, barriers, and mystery in order to make customer service easier and more approachable—Startupland removes some of the myths about startups and startup founders. Mikkel's advice, hard-won through experience, often bucks conventional wisdom and entrepreneurial tropes. He shares why failure (whether fast or slow) is awful, why a seemingly boring product or idea can be the most exciting, why giving back to the community is as important as the bottom line. From how to hire right (look for people who are not offended by swearing) to which personas generate the highest response rates, Mikkel answers the most pressing questions from the perspective of someone still in the trenches and willing to share the hard truth, warts and all. While there are books by consultants who tell you how to build businesses, or by entrepreneurs now running billion-dollar businesses, there are few books from people still in the trenches who acutely remember the difficult daily decisions, the thrill (and fears) of the early days, the problems that scale with growing a business, and the reason why they all went on the adventure in the first place. Startupland is indispensable reading for all entrepreneurs who want to make their ideas the next big thing. The book will inspire and empower you to follow your own dream and create your own story.Seeing some cool companies coming out of Denmark... It may be time for a sequal to @mikkelsvane's Startupland! https://t.co/EgchGy30gJ
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.@kieran_tie Honestly can’t think of a single book I’ve ever read about web design sorry! That’s just not how I do design learning. In general I think everyone should read Steal Like an Artist by Austin Kleon, and also Atomic Habits by James Clear. But neither are specific to web design.
Influence (rev)
Robert B. Cialdini
"Learn the six psychological secrets behind our powerful impulse to comply." - cover.@FranzStupar Cialdini’s “Influence.”
Cribsheet
Emily Oster
From the author of EXPECTING BETTER, an economist's guide to the early years of parenting With Expecting Better, award-winning economist Emily Oster spotted a need in the pregnancy market for advice that gave women the information they needed to make the best decision for their own pregnancies. By digging into the data, Oster found that much of the conventional pregnancy wisdom was wrong. In Cribsheet, she now tackles an even greater challenge: decision-making in the early years of parenting. As any new parent knows, there is an abundance of often-conflicting advice hurled at you from doctors, family, friends, and strangers on the internet. From the earliest days, parents get the message that they must make certain choices around feeding, sleep, and schedule or all will be lost. There's a rule--or three--for everything. But the benefits of these choices can be overstated, and the trade-offs can be profound. How do you make your own best decision? Armed with the data, Oster finds that the conventional wisdom doesn't always hold up. She debunks myths around breastfeeding (not a panacea), sleep training (not so bad!), potty training (wait until they're ready or possibly bribe with M&Ms), language acquisition (early talkers aren't necessarily geniuses), and many other topics. She also shows parents how to think through freighted questions like if and how to go back to work, how to think about toddler discipline, and how to have a relationship and parent at the same time. Economics is the science of decision-making, and CRIBSHEET is a thinking parent's guide to the chaos and frequent misinformation of the early years. Emily Oster is a trained expert--and mom of two--who can empower us to make better, less fraught decisions--and stay sane in the years before preschool.Book 22 Lesson: There is no perfect set of choices in parenting. The best you can do is to identify your preferences and constraints and make the best decision you can with available data. But definitely vaccinate. https://t.co/6D4vAyBwNo
Toyota Production System
Taiichi Ōno
In this classic text, the inventor of the Toyota Production System and lean manufacturing combines his candid insights with a rigorous analysis of Toyota's attempts at lean production to explain how lean principles can improve any production-oriented endeavor.Yessss it’s finally here https://t.co/vlErhI1BfV
The Art of Gathering
Priya Parker
My conversation with @priyaparker on the art of gathering. If you ever host events of any kind, small or large, this interview and her book will make them better. Fascinating topic: -beginning, middle, and end -rules and boundaries -space + time https://t.co/5mD2jpMcWT https://t.co/yezgTiwWjR
- The Untethered Soul by Michael Singer Note: This is a BOOK SUMMARY of The Untethered Soul by Michael Singer - this is not the original book. Original book description: The Untethered Soul: The Journey Beyond Yourself by Michael A. Singer Who are you? When you start to explore this question, you find out how elusive it really is. Are you a physical body? A collection of experiences and memories? A partner to relationships? Each time you consider these aspects of yourself, you realize that there is much more to you than any of these can define. The Untethered Soul, spiritual teacher Michael Singer explores the question of who we are and arrives at the conclusion that our identity is to be found in our consciousness, the fact of our ability to observe ourselves, and the world around us. By tapping into traditions of meditation and mindfulness, Singer shows how the development of consciousness can enable us all to dwell in the present moment and let go of painful thoughts and memories that keep us from achieving happiness and self-realization. This book, copublished with the Institute of Noetic Sciences (IONS), offers a frank and friendly discussion of consciousness and how we can develop it. In part one, he examines the notion of self and the inner dialogue we all live with. Part two examines the experience of energy as it flows through us and works to show readers how to open their hearts to the energy of experience that permeates their lives. Ways to overcome tendencies to close down to the rest of the world are the subject of part three. Enlightenment, the embrace of universal consciousness, is the subject of part four. And finally, in part five, Singer returns to daily life and the pursuit of unconditional happiness. Throughout, the book maintains a light and engaging tone, free from heavy dogma and prescriptive religious references. The easy exercises that figure in each chapter help readers experience the ideas that Singer presents.
Just read The Untethered Soul by Michael Singer this weekend. It's the most approachable reading on Buddhist philosophy, mindfulness, and meditation I've found targeted at a Western audience. Highly recommend. h/t @justinkan https://t.co/mGgQuhhfyq
Behind the Cloud
Marc Benioff
How did salesforce.com grow from a start up in a rented apartment into the world's fastest growing software company in less than a decade? For the first time, Marc Benioff, the visionary founder, chairman and CEO of salesforce.com, tells how he and his team created and used new business, technology, and philanthropic models tailored to this time of extraordinary change. Showing how salesforce.com not only survived the dotcom implosion of 2001, but went on to define itself as the leader of the cloud computing revolution and spark a $46-billion dollar industry, Benioff's story will help business leaders and entrepreneurs stand out, innovate better, and grow faster in any economic climate. In Behind the Cloud, Benioff shares the strategies that have inspired employees, turned customers into evangelists, leveraged an ecosystem of partners, and allowed innovation to flourish.@stevesi Behind the Cloud talks about both "service" and subscription pricing in detail but doesn't say when the term was popularized https://t.co/BIAjnS7f7Y
WTF?: What's the Future and Why It's Up to Us
Tim O'Reilly
‘The man who can really make a whole industry happen.’ Eric Schmidt, Executive Chairman of Google ‘A punchy and provocative book . . . WTF? is an insightful and heartfelt plea, daring us to reimagine a better economy and society.’ Financial Times Renowned as ‘the Oracle of Silicon Valley’, Tim O’Reilly has spent three decades exploring the world-transforming power of information technology. Now, the leading thinker of the internet age turns his eye to the future – and asks the questions that will frame the next stage of the digital revolution: · Will increased automation destroy jobs or create new opportunities? · What will the company of tomorrow look like? · Is a world dominated by algorithms to be welcomed or feared? · How can we ensure that technology serves people, rather than the other way around? · How can we all become better at mapping future trends? Tim O’Reilly’s insights create an authoritative, compelling and often surprising portrait of the world we will soon inhabit, highlighting both the many pitfalls and the enormous opportunities that lie ahead. ‘Tim O’Reilly has been at the cutting edge of the internet since it went commercial.’ New York Times ‘O’Reilly’s ability to quickly identify nascent trends is unparalleled.’ WiredI haven’t read @eliotpeper’s Analog trilogy yet (I like to wait till a trilogy is done.) Eliot tells me the novels are influenced by my own book WTF? so I’m eager to give them a read now that the third book is out. Here’s a review: https://t.co/kcj9wb99TY
Skin in the Game
Nassim Nicholas Taleb
From the bestselling author of The Black Swan, a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility 'Skin in the game means that you do not pay attention to what people say, only to what they do, and how much of their neck they are putting on the line' Citizens, artisans, police, fishermen, political activists and entrepreneurs all have skin in the game. Policy wonks, corporate executives, many academics, bankers and most journalists don't. It's all about having something to lose and sharing risks with others. In his most provocative and practical book yet, Nassim Nicholas Taleb shows that skin in the game, often seen as the foundation of risk management, in fact applies to all aspects of our lives. In his inimitable style, Taleb draws on everything from Antaeus the Giant to Hammurabi to Donald Trump, from ethics to used car salesmen, to create a jaw-dropping framework for understanding this idea. Among his insights: For social justice, focus on symmetry and risk sharing. Minorities, not majorities, run the world. You can be an intellectual yet still be an idiot. Beware of complicated solutions (that someone was paid to find). Just as The Black Swan did during the 2007 financial crisis, Skin in the Game comes at precisely the right moment to challenge our long-held beliefs about risk, reward, politics, religion and business - and make us rethink everything we thought we knew.@Rob_Reid @curateitforme Taleb’s Skin in the Game doesn’t mean identity / incentive. It means suffering downside risk if you are wrong. AI scientists have the opposite situation. They get personal benefits if they’re right and socialize the losses if they’re wrong.
Alchemy
Rory Sutherland
The legendary advertising guru—Ogilvy UK’s vice chairman—and star of three massively popular TED Talks, blends the science of human behavior with his vast experience in the art of persuasion in this incomparable book that decodes successful branding and marketing in the vein of Freakonomics, Thinking Fast and Slow, and The Power of Habit. When Rory Sutherland was a trainee working on a direct mail campaign at the famed advertising firm OgilvyOne, he noticed that very small changes in design often had immense effects on the number of consumer responses. Yet no one he worked with knew why. Sutherland began taking stock of each effective yet nebulous trick—”the thing which has no name”—he discovered. As he rose in the advertising industry, he began to understand why these things had no name: no one was interested in quantifying them, cataloguing them, or really investigating them. So, he did it himself. Like classic behavioral economists Daniel Kahneman and Richard Thaler, Sutherland peels away hidden, often irrational human behaviors that explain how the world around us functions. In How to Be an Alchemist he examines why certain ads work and the broader truths they tell us about who we are. Why do people prefer stripy toothpaste, and how might that help us design retirement plans that young people would actually buy? Why do we think orange juice is healthy, and how does the same principle guide our feelings about nuclear reactors? Why do budget airlines advertise services they don’t offer—and what might insurance companies learn from them about keeping healthcare costs low? Filled with startling and profound conclusions, Sutherland’s journey through the world of advertising and its surprising lessons for human behavior is insightful, brilliant, eye-opening, and irresistibly fun.Immediate purchase of @rorysutherland's new book: Alchemy https://t.co/GASJh3z89T [Rory is on my short "Read Everything They Publish" List]
Why Information Grows
Cesar Hidalgo
@FllwConspirator @kevinakwok Any particular angle you're interested in James? Related to knowledge and science, I'd tentatively recommend Michael Nielsen's book "Reinventing Discovery" or Cesar Hidalgo's "Why Information Grows."
Hard Landing
Thomas Petzinger
@gabebassin deep into the airline rabbit hole https://t.co/5zMQhuy7wX
How To Win Friends and Influence People
Dale Carnegie
Provides a new hardcover edition of the classic best-selling self-help book, which includes principles that can be applied to both business and life itself, in a book that focuses on how to best affectively communicate with people.Ever year I set a goal to read 50 books 📚. Here's what I've read so far as I near the halfway mark (with a thumbs up if I'd recommend the book to a friend)! I've queued up Walter Benjamin, LeGuin, Frank Herbert, Michael Lewis, Celeste Ng, Dostoevsky. What else should I read? https://t.co/WENcdh8T55
Average is Over
Tyler Cowen
A renowned economist describes the post-recession job market that is erasing the middle range, leaving only high-earning jobs that utilize machine intelligence and data analysis and low-earning jobs for those who aren't learning and adopting the new technologies.@PHLemos @tylercowen https://t.co/uMhyqRoHYl
Pre-Suasion
Robert Cialdini
The acclaimed New York Times and Wall Street Journal bestseller from Robert Cialdini—“the foremost expert on effective persuasion” (Harvard Business Review)—explains how it’s not necessarily the message itself that changes minds, but the key moment before you deliver that message. What separates effective communicators from truly successful persuaders? With the same rigorous scientific research and accessibility that made his Influence an iconic bestseller, Robert Cialdini explains how to prepare people to be receptive to a message before they experience it. Optimal persuasion is achieved only through optimal pre-suasion. In other words, to change “minds” a pre-suader must also change “states of mind.” Named a “Best Business Books of 2016” by the Financial Times, and “compelling” by The Wall Street Journal, Cialdini’s Pre-Suasion draws on his extensive experience as the most cited social psychologist of our time and explains the techniques a person should implement to become a master persuader. Altering a listener’s attitudes, beliefs, or experiences isn’t necessary, says Cialdini—all that’s required is for a communicator to redirect the audience’s focus of attention before a relevant action. From studies on advertising imagery to treating opiate addiction, from the annual letters of Berkshire Hathaway to the annals of history, Cialdini outlines the specific techniques you can use on online marketing campaigns and even effective wartime propaganda. He illustrates how the artful diversion of attention leads to successful pre-suasion and gets your targeted audience primed and ready to say, “Yes.” His book is “an essential tool for anyone serious about science based business strategies…and is destined to be an instant classic. It belongs on the shelf of anyone in business, from the CEO to the newest salesperson” (Forbes).One thing I'm trying is writing "If-When-Then" statements, an idea I read about in Cialdini's Pre-Suasion. I have one for "If I anticipate dread before opening an email, then open it ASAP and don't over-analyze it." https://t.co/85gNeNFEPZ
The Outsiders
William Thorndike
It's time to redefine the CEO success story. Meet eight iconoclastic leaders who helmed firms where returns on average outperformed the S&P 500 by more than 20 times.@SteveBissen Recently finished: Dark Matter by Crouch (first fiction in awhile) The Fish That Ate the Whale by Cohen The Outsiders by Thorndike Currently: Range by @DavidEpstein (comes out this month) Favs: https://t.co/kEcPoKYUiC
The Hard Thing About Hard Things
Ben Horowitz
Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, offers essential advice on building and running a startup—practical wisdom for managing the toughest problems business school doesn’t cover, based on his popular ben’s blog. While many people talk about how great it is to start a business, very few are honest about how difficult it is to run one. Ben Horowitz analyzes the problems that confront leaders every day, sharing the insights he’s gained developing, managing, selling, buying, investing in, and supervising technology companies. A lifelong rap fanatic, he amplifies business lessons with lyrics from his favorite songs, telling it straight about everything from firing friends to poaching competitors, cultivating and sustaining a CEO mentality to knowing the right time to cash in. Filled with his trademark humor and straight talk, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures, drawing from Horowitz's personal and often humbling experiences.Reading The Hard Thing about Hard Things and it’s a large dose of humility and empathy for making hard decisions. I find it remarkable how @bhorowitz and @pmarca have got along well for so long especially after many conflicts. That’s the sign of a truly great partnership.
The Sovereign Individual
James Dale Davidson
Two renowned investment advisors and authors of the bestseller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century. The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization. Few observers of the late twentieth century have their fingers so presciently on the pulse of the global political and economic realignment ushering in the new millennium as do James Dale Davidson and Lord William Rees-Mogg. Their bold prediction of disaster on Wall Street in Blood in the Streets was borne out by Black Tuesday. In their ensuing bestsellar, The Great Reckoning, published just weeks before the coup attempt against Gorbachev, they analyzed the pending collapse of the Soviet Union and foretold the civil war in Yugoslavia and other events that have proved to be among the most searing developments of the past few years. In The Sovereign Individual, Davidson and Rees-Mogg explore the greatest economic and political transition in centuries -- the shift from an industrial to an information-based society. This transition, which they have termed "the fourth stage of human society," will liberate individuals as never before, irrevocably altering the power of government. This outstanding book will replace false hopes and fictions with new understanding and clarified values.From a book called The Sovereign Individual: "The greatest source of wealth will be the ideas you have in your head." In the Information Age, if you can communicate and share your ideas, you'll be unstoppable. Simple as that. https://t.co/hXRRbZLeO2
Good Strategy, Bad Strategy
Richard P. Rumelt
Argues that a manager's central responsibility is to create and implement strategies, challenges popular motivational practices, and shares anecdotes discussing how to enable action-oriented plans for real-world results.The Buy Side
Turney Duff
The Buy Side is Turney Duff's high-adrenaline journey through the trading underworld, as well as a searing look at an after-hours Wall Street culture where sex and drugs are the quid pro quo and a billion isn't enough. In the mid-2000's, Turney Duff was, to all appearances, the very picture of American success. One of Wall Street's hottest traders, he was a rising star with Raj Rajaratnam's legendary Galleon Group before forging his own path. What few knew was that the key to Turney's remarkable success wasn't a super-genius IQ or family connections but rather a winning personality - because the real money wasn't made on the trading floor or behind a computer screen, but in whispered deals in the city's most exclusive nightspots, surrounded by the best drugs and hottest women. For Turney, this created a perilously seductive cycle: the harder he partied, the more connected and successful he became, which meant he could party even harder. In time, he became a walking paradox, an addictive mess after hours, and King of the Street from nine to five. Along the way, he learned some important lessons about himself, and the too-wild-to-believe world of Wall Street trading. In The Buy Side, the money is plentiful and the after-hours indulgence even more so, which has proved to be a bestselling and box office winning combination, as the success of The Wolf of Wall Street attests. Fans of Martin Scorsese's film and Michael Lewis's Liar's Poker and The Big Short will want to take a walk on The Buy Side.Looking for a book along the lines of: The Buyside Straight to Hell American Kingpin Wolf of Wall Street Basically things falling into chaos and degeneracy because there’s way too much money. Ideas?
101 Mission Statements from Top Companies
Jeffrey Abrahams
A streamlined best-of version with statements from the most successful businesses and recognizable brands in America. Includes a step-by-step guide to developing unique, enduring positioning statements.@eringriffith https://t.co/Lc6E7rsd8h
Big Business
Tyler Cowen
An against-the-grain polemic on American capitalism from New York Times bestselling author Tyler Cowen. We love to hate the 800-pound gorilla. Walmart and Amazon destroy communities and small businesses. Facebook turns us into addicts while putting our personal data at risk. From skeptical politicians like Bernie Sanders who, at a 2016 presidential campaign rally said, “If a bank is too big to fail, it is too big to exist,” to millennials, only 42 percent of whom support capitalism, belief in big business is at an all-time low. But are big companies inherently evil? If business is so bad, why does it remain so integral to the basic functioning of America? Economist and bestselling author Tyler Cowen says our biggest problem is that we don’t love business enough. In Big Business, Cowen puts forth an impassioned defense of corporations and their essential role in a balanced, productive, and progressive society. He dismantles common misconceptions and untangles conflicting intuitions. According to a 2016 Gallup survey, only 12 percent of Americans trust big business “quite a lot,” and only 6 percent trust it “a great deal.” Yet Americans as a group are remarkably willing to trust businesses, whether in the form of buying a new phone on the day of its release or simply showing up to work in the expectation they will be paid. Cowen illuminates the crucial role businesses play in spurring innovation, rewarding talent and hard work, and creating the bounty on which we’ve all come to depend.Congrats to @tylercowen on his new book. Tyler is a human encyclopedia. As I once said to a friend, he speaks intelligently — and has a unique perspective — on just about every topic under the sun. Congrats Tyler! https://t.co/4VIRpcYUGQ
The Ai Advantage
Thomas H. Davenport
Cutting through the hype, a practical guide to using artificial intelligence for business benefits and competitive advantage.ICYMI: China is catching up to the US on artificial intelligence research https://t.co/yMIRNEcHiY based on the book "The AI Advantage" by Thomas H. Davenport. Our empirical results are here: https://t.co/d5Tq7zXlHB
Coders
Clive Thompson
'Masterful . . . [Thompson] illuminates both the fascinating coders and the bewildering technological forces that are transforming the world in which we live.' - David Grann, author of The Lost City of Z. Facebook’s algorithms shaping the news. Uber’s cars flocking the streets. Revolution on Twitter and romance on Tinder. We live in a world constructed of computer code. Coders – software programmers – are the people who built it for us. And yet their worlds and minds are little known to outsiders. In Coders, Wired columnist Clive Thompson presents a brilliantly original anthropological reckoning with the most influential tribe in today’s world, interrogating who they are, how they think, what they value, what qualifies as greatness in their world, and what should give us pause. One of the most prominent journalists writing on technology today, Clive Thompson takes us into the minds of coders, the most quietly influential people on the planet, in a journey into the heart of the machine – and the men and women who made it.Here's where you can buy the book: Coders: The Making of a New Tribe and the Remaking of the World https://t.co/Tz2YS3GHFr
Making Money Simple
Peter Lazaroff
Simplify your financial life and ensure financial success into the future Feeling paralyzed by the overwhelming number of complex decisions you need to make with your money? You don’t need to be an expert to achieve financial freedom. You just need a framework that makes the right choices simple and easy to make. Making Money Simple provides that much-needed process so you can get on the right track to long-term financial security. This valuable resource provides a solid foundation for all the nuanced personal finance decisions you need to make as you go through your career, hit major life milestones, and look to grow wealth. It’s a blueprint for financial achievement—even through tough-to-navigate situations where there are no clear-cut rules. After you read Making Money Simple, you’ll be able to create your personal plan for success using proven wealth management methods and real-world financial strategies. From basic financial principles to advanced investing techniques, you’ll get comprehensive coverage of fundamental financial topics with easy-to-follow advice from author Peter Lazaroff, who draws from his expertise as the Chief Investment Officer of a multi-billion-dollar wealth management firm to give you the tools you need to simplify your financial situation and make the right moves at every opportunity. Getting your finances in order doesn’t have to be hard. It doesn’t require fancy, convoluted investment strategies. Nor does it require keeping track of detailed spreadsheets. You just need this step-by-step process to get your financial house in order and keep it that way forever. It doesn’t matter what your specific situation is. We all need to understand our money—and what to do with it. Making Money Simple shows you how to: ● Develop clear financial goals and plan for your future ● Understand the three crucial elements of building a strong financial house ● Implement effective investment strategies to grow your wealth and avoid costly mistakes ● Learn ten smart questions to ask when hiring financial professionals For those seeking to secure a solid financial future, Making Money Simple: A Complete Guide to Getting Your Financial House in Order and Keeping It That Way Forever is the roadmap to get you there.My friend @PeterLazaroff has a new book out today about keeping things simple in investing -- rare but so important these days. Check it out. https://t.co/VNT6lQmmAd
Loonshots
Safi Bahcall
*Wall Street Journal bestseller *Next Big Idea Club selection—chosen by Malcolm Gladwell, Susan Cain, Dan Pink, and Adam Grant as one of the "two most groundbreaking new nonfiction reads of the season" *Washington Post's "10 Leadership Books to Watch for in 2019" *Inc.com's "10 Business Books You Need to Read in 2019" *Business Insider's "14 Books Everyone Will Be Reading in 2019" “This book has everything: new ideas, bold insights, entertaining history and convincing analysis. Not to be missed by anyone who wants to understand how ideas change the world.” —Daniel Kahneman, winner of the Nobel Prize and author of Thinking, Fast and Slow What do James Bond and Lipitor have in common? What can we learn about human nature and world history from a glass of water? In Loonshots, physicist and entrepreneur Safi Bahcall reveals a surprising new way of thinking about the mysteries of group behavior that challenges everything we thought we knew about nurturing radical breakthroughs. Drawing on the science of phase transitions, Bahcall shows why teams, companies, or any group with a mission will suddenly change from embracing wild new ideas to rigidly rejecting them, just as flowing water will suddenly change into brittle ice. Mountains of print have been written about culture. Loonshots identifies the small shifts in structure that control this transition, the same way that temperature controls the change from water to ice. Using examples that range from the spread of fires in forests to the hunt for terrorists online, and stories of thieves and geniuses and kings, Bahcall shows how this new kind of science helps us understand the behavior of companies and the fate of empires. Loonshots distills these insights into lessons for creatives, entrepreneurs, and visionaries everywhere. Over the past decade, researchers have been applying the tools and techniques of phase transitions to understand how birds flock, fish swim, brains work, people vote, criminals behave, ideas spread, diseases erupt, and ecosystems collapse. If twentieth-century science was shaped by the search for fundamental laws, like quantum mechanics and gravity, the twenty-first will be shaped by this new kind of science. Loonshots is the first to apply these tools to help all of us unlock our potential to create and nurture the crazy ideas that change the world.@SafiBahcall The first review on the Amazon page does a great summary on the book -> https://t.co/0nOByyKTKA
Team of Teams
General Stanley McChrystal
What if you could combine the agility, adaptability, and cohesion of a small team with the power and resources of a giant organization? When General Stanley McChrystal took command of the Joint Special Operations Task Force in Iraq in 2003, he quickly realized that conventional military tactics were failing. The allied forces had a huge advantage in numbers, equipment and training - but none of the enemy's speed and flexibility. McChrystal and his colleagues discarded a century of conventional wisdom to create a 'team of teams' that combined extremely transparent communication with decentralized decision-making authority. Faster, flatter and more flexible, the task force beat back al-Qaeda. In this powerful book, McChrystal and his colleagues show how the challenges they faced in Iraq can be relevant to any leader. Through compelling examples, the authors demonstrate that the 'team of teams' strategy has worked everywhere from hospital emergency rooms to NASA and has the potential to transform organizations large and small. 'A bold argument that leaders can help teams become greater than the sum of their parts' Charles Duhigg, author of The Power of Habit 'An indispensable guide to organizational change' Walter Isaacson, author of Steve Jobs(5) "Team of Teams" by Stanley McChrystal. I didn't love this as much as others have but definitely a part of this pantheon.
Brave New Work
Aaron Dignan
"This is the management book of the year. Clear, powerful and urgent, it's a must read for anyone who cares about where they work and how they work." --Seth Godin, author of This is Marketing "This book is a breath of fresh air. Read it now, and make sure your boss does too." --Adam Grant, New York Times bestselling author of Give and Take, Originals, and Option B with Sheryl Sandberg Aaron Dignan is the driver behind some of today's most agile, fastest-scaling companies. In this book, he reveals his tested strategies for eliminating red tape, dissolving bureaucracy, and doing the best work of your life. He's found that nearly everyone, from Wall Street to Silicon Valley, points to the same frustrations: lack of trust, bottlenecks in decision making, siloed functions and teams, meeting and email overload, tiresome budgeting, short-term thinking, and more. Is there any hope for a solution? Haven't countless business gurus promised the answer, yet changed almost nothing about the way we work? That's because we fail to recognize that organizations aren't machines to be predicted and controlled. They're complex human systems full of potential waiting to be released. Dignan says you can't fix a team, department, or organization by tinkering around the edges. Over the years, he has helped his clients completely reinvent their operating systems--the fundamental principles and practices that shape their culture--with extraordinary success. Imagine a bank that abandoned traditional budgeting, only to outperform its competition for decades. An appliance manufacturer that divided itself into 2,000 autonomous teams, resulting not in chaos but rapid growth. A healthcare provider with an HQ of just 50 people supporting over 14,000 people in the field--that is named the "best place to work" year after year.. And even a team that saved $3 million per year by cancelling one monthly meeting. Their stories may sound improbable, but in Brave New Work you'll learn exactly how they and other organizations are inventing a smarter, healthier, and more effective way to work. Not through top down mandates, but through a groundswell of autonomy, trust, and transparency. Whether you lead a team of ten or ten thousand, improving your operating system is the single most powerful thing you can do. The only question is, are you ready?@femmebot Brave New Work by @aarondignan https://t.co/7zft7lpw74
Catastrophic Care
David Goldhill
"A visionary investigation that will change the way we think about health care- how and why it is failing, why expanding coverage will actually make things worse, and how our health care can be transformed into a transparent, affordable, successful system. n 2007, David Goldhill's father died from infections acquired in a hospital, one of more than two hundred thousand avoidable deaths per year caused by medical error. The bill was enormous and Medicare paid it. These circumstances left Goldhill angry and determined to understand how world-class technology and personnel could coexist with such carelessness and how a business that failed so miserably could be paid in full. Catastrophic Careis the eye-opening result. Blending personal anecdotes and extensive research, Goldhill presents us with cogent, biting analysis that challenges the basic preconceptions that have shaped our thinking for decades. Contrasting the Island of health care with the Mainland of our economy, he demonstrates that high costs, excess medicine, terrible service, and medical error are the inevitable consequences of our insurance-based system. He explains why policy efforts to fix these problems haveBook 12 Lesson: Once enacted, we must judge policies by their effects, not the intentions of their authors. https://t.co/29dl9q4tOc
The Oxford Handbook of Megaproject Management
Bent Flyvbjerg
The Oxford Handbook of Megaproject Management provides state-of-the-art scholarship in the emerging field of megaproject management. Megaprojects are large, complex projects which typically cost billions of dollars and impact millions of people, like building a high-speed rail line, a megadam, a national health or pensions IT system, a new wide-body aircraft, or staging the Olympics. The book contains 25 chapters written especially for this volume, covering all aspects of megaproject management, from front-end planning to actual project delivery, including how to deal with stakeholders, risk, finance, complexity, innovation, governance, ethics, project breakdowns, and scale itself. Individual chapters cover the history of the field and relevant theory, from behavioral economics to lock-in and escalation to systems integration and theories of agency and power. All geographies are covered - from the US to China, Europe to Africa, South America to Australia - as are a wide range of project types, from "hard" infrastructure to "soft" change projects. In-depth case studies illustrate salient points. The Handbook offers rigorous, research-oriented, up-to-date academic view of the discipline, based on high-quality data and strong theory. It will be an indispensible resource for students, academics, policy makers, and practitioners.Recommended: https://t.co/KnndqnGeBX
The Founder's Dilemmas
Noam Wasserman
Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: should they go it alone, or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin. The Founder's Dilemmas is the first book to examine the early decisions by entrepreneurs that can make or break a startup and its team. Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder-CEO should exit or be fired. Wasserman explains how to anticipate, avoid, or recover from disastrous mistakes that can splinter a founding team, strip founders of control, and leave founders without a financial payoff for their hard work and innovative ideas. He highlights the need at each step to strike a careful balance between controlling the startup and attracting the best resources to grow it, and demonstrates why the easy short-term choice is often the most perilous in the long term. The Founder's Dilemmas draws on the inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, while mining quantitative data on almost ten thousand founders. People problems are the leading cause of failure in startups. This book offers solutions.Founder book recs: Founder's Dilemmas by @noamwass (founder issues) High Growth Handbook by @eladgil (general) Monetizing Innovation by @madhavansf (pricing) Traction by @yegg/@jwmares (growth) Understanding Michael Porter by Magretta (strategy) https://t.co/vlQt8KxQrF
Monetizing Innovation
Madhavan Ramanujam
"The book explains how most companies get sidetracked by Product-Driven Thinking and how to innovate by starting with the price customers will pay, and creating the product for that price. It will present a process that Simon-Kucher & Partners has used to help dozens of others avoid innovation failure by making pricing and marketing their guiding light throughout the product development process"--Founder book recs: Founder's Dilemmas by @noamwass (founder issues) High Growth Handbook by @eladgil (general) Monetizing Innovation by @madhavansf (pricing) Traction by @yegg/@jwmares (growth) Understanding Michael Porter by Magretta (strategy) https://t.co/vlQt8KxQrF
Traction
Gabriel Weinberg
"Most startups don't fail because they can't build a product. Most startups fail because they can't get traction, "--Amazon.com.Founder book recs: Founder's Dilemmas by @noamwass (founder issues) High Growth Handbook by @eladgil (general) Monetizing Innovation by @madhavansf (pricing) Traction by @yegg/@jwmares (growth) Understanding Michael Porter by Magretta (strategy) https://t.co/vlQt8KxQrF
Understanding Michael Porter
Joan Magretta
Examines and explains the revolutionary business frameworks of Michael Porter, with examples to illustrate and update Porter's ideas for achieving and sustaining competitive success.Founder book recs: Founder's Dilemmas by @noamwass (founder issues) High Growth Handbook by @eladgil (general) Monetizing Innovation by @madhavansf (pricing) Traction by @yegg/@jwmares (growth) Understanding Michael Porter by Magretta (strategy) https://t.co/vlQt8KxQrF
The Once and Future Worker
Oren Cass
Examines how current economic and social policies in the United States are adversely affecting the American worker and explains why the governing elites need to implement changes that increase wages and provide access to job training and social welfare programs. --Breakfast at @bloombergbeta with @oren_cass and @roybahat talking about Oren's book The Once and Future Worker. And that's @Noahpinion mugging for the camera. https://t.co/Z5zrhPjVbn
The Fifth Discipline
Peter M. Senge
A pioneer in learning organizations offers five disciplines that reveal the link between far-flung causes and immediate effects and that can save organizations from becoming "learning disabled," helping them learn better and faster, in a revised edition of the best-selling business classic. Simultaneous. 20,000 first printing.@heyitsnoah Let me know how that is. I listened to The Fifth Discipline on @audible_com this summer. Thinking about reading it this year.
Regulatory Hacking
Evan Burfield
Every startup wants to change the world. But the ones who truly make an impact know something the others don't: how to make government and regulation work for them. As startups use technology to shape the way we live, work, and learn, they're taking on challenges in sectors like healthcare, infrastructure, and education, where failure is far more consequential than a humorous chat with Siri or the wrong package on your doorstep. These startups inevitably have to face governments responsible for protecting citizens through regulation. Love it or hate it, we're entering the next era of the digital revolution: the Regulatory Era. The big winners in this era--in terms of both impact and financial return--will need skills they won't teach you in business school or most startup incubators: how to scale a business in an industry deeply intertwined with government. Here, for the first time, is the playbook on how to win the regulatory era. "Regulatory hacking" doesn't mean "cutting through red tape"; it's really about finding a creative, strategic approach to navigating complex markets. Evan Burfield is the cofounder of 1776, a Washington, DC-based venture capital firm and incubator specializing in regulated industries. Burfield has coached startups on how to understand, adapt to, and influence government regulation. Now, in Regulatory Hacking, he draws on that expertise and real startup success stories to show you how to do the same. For instance, you'll learn how... * AirBnB rallied a grassroots movement to vote No on San Francisco's Prop F, which would have restricted its business in the city. * HopSkipDrive overcame safety concerns about its kids' ridesharing service by working with state government to build trust into its platform. * 23andMe survived the FDA's order to stop selling its genetic testing kits by building trusted relationships with scientists who could influence the federal regulatory community. Through fascinating case studies and interviews with startup founders, Burfield shows you how to build a compelling narrative for your startup, use it to build a grassroots movement to impact regulation, and develop influence to overcome entrenched relationships between incumbents and governments. These are just some of the tools in the book that you'll need to win the next frontier of innovation.@codeforamerica @eburfield Video is available of my conversation with @eburfield about his book Regulatory Hacking on the @codeforamerica YouTube channel https://t.co/y41Z9JAkr1
Shaky Ground
Bethany McLean
In a way, the situation is ironic: housing was at the root of the financial crisis, and six years after the meltdown, housing finance is still the greatest unsolved issue. The U.S. housing market is roughly $10 trillion, making it one of the largest segments of the bond market. Roughly 70 percent of the American population has a mortgage, and for most people, the mortgage is the most important financial instrument in their lives. But until the financial crisis, few people knew the essential role that Fannie Mae and Freddie Mac play in their mortgages. Given the $188 billion government bailout of the two firms the most expensive bailout in history the politics surrounding housing are worse than they've ever been, and the two gigantic firms sit in limbo. Best-selling investigative journalist Bethany McLean, the coauthor of The Smartest Guys in the Room andAll the Devils Are Here, explains why the situation is dangerous and unsustainable, and proposes a few solutions from the perfect, but politically unfeasible to the doable, but ugly.@adamploni This by @bethanymac12 https://t.co/QvLjteYS8H
Radical Candor
Kim Scott
Featuring a new preface, afterword and Radically Candid Performance Review Bonus Chapter, the fully revised & updated edition of Radical Candor is packed with even more guidance to help you improve your relationships at work. 'Reading Radical Candor will help you build, lead, and inspire teams to do the best work of their lives.' Sheryl Sandberg, author of Lean In. If you don't have anything nice to say then don't say anything at all . . . right? While this advice may work for home life, as Kim Scott has seen first hand, it is a disaster when adopted by managers in the work place. Scott earned her stripes as a highly successful manager at Google before moving to Apple where she developed a class on optimal management. Radical Candor draws directly on her experiences at these cutting edge companies to reveal a new approach to effective management that delivers huge success by inspiring teams to work better together by embracing fierce conversations. Radical Candor is the sweet spot between managers who are obnoxiously aggressive on the one side and ruinously empathetic on the other. It is about providing guidance, which involves a mix of praise as well as criticism – delivered to produce better results and help your employees develop their skills and increase success. Great bosses have a strong relationship with their employees, and Scott has identified three simple principles for building better relationships with your employees: make it personal, get stuff done, and understand why it matters. Radical Candor offers a guide to those bewildered or exhausted by management, written for bosses and those who manage bosses. Drawing on years of first-hand experience, and distilled clearly to give practical advice to the reader, Radical Candor shows you how to be successful while retaining your integrity and humanity. Radical Candor is the perfect handbook for those who are looking to find meaning in their job and create an environment where people love both their work and their colleagues, and are motivated to strive to ever greater success.Has anyone read “Radical Candor” or something of that genre? Trying to make our org more honest and not pull punches to be nice
My Years with General Motors
Alfred Pritchard Sloan
'My years with General Motors' describes the early innovations and development of the company's basic management policies and strategic concepts in such areas as planning and strategy, stabilization, financial growth, and leadership.@heyitsnoah My Years With General Motors https://t.co/IqYDmEwpgU
The Bitcoin Standard
Saifedean Ammous
When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally-accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. While Bitcoin is a new invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse. With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin’s real competitive edge might just be as a store of value and network for final settlement of large payments—a digital form of gold with a built-in settlement infrastructure. Ammous’ firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders. The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knock-offs, and the many supposed applications of Bitcoin’s ‘blockchain technology’? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet’s decentralized, apolitical, free-market alternative to national central banks.@maxua https://t.co/8XjrvGDaF9
Zero to One
Peter Thiel
WHAT VALUABLE COMPANY IS NOBODY BUILDING? The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin wonâe(tm)t make a search engine. If you are copying these guys, you arenâe(tm)t learning from them. Itâe(tm)s easier to copy a model than to make something new: doing what we already know how to do takes the world from 1 to n, adding more of something familiar. Every new creation goes from 0 to 1. This book is about how to get there. âe~Peter Thiel has built multiple breakthrough companies, and Zero to One shows how.âe(tm) ELON MUSK, CEO of SpaceX and Tesla âe~This book delivers completely new and refreshing ideas on how to create value in the world.âe(tm) MARK ZUCKERBERG, CEO of Facebook âe~When a risk taker writes a book, read it. In the case of Peter Thiel, read it twice. Or, to be safe, three times. This is a classic.âe(tm) NASSIM NICHOLAS TALEB, author of The Black Swan5. Something Keith learned from Peter Thiel: To scale a startup, you’ll need two things: 1. Become a magnet for talented people 2. Be able to asymmetrically assess other people. Otherwise, you’ll never be able to compete with the incumbents.
Risk Savvy
Gerd Gigerenzer
Revealing that most of us misunderstand statistics much more often than we think, this must-have resource helps us to make better decisions for our health, finances, family and business without needing to consult an expert or Big Data.Luck and chance: https://t.co/qtJGM8OyLu https://t.co/kd1vqO6W2H
7 Powers
Hamilton Helmer
7 Powers details a strategy toolset that enables you to build an enduringly valuable company. It was developed by Hamilton Helmer drawing on his decades of experience as a strategy advisor, equity investor and Stanford University teacher. This is must reading for any business person and applies to all businesses, new or mature, large or small.@akarlyang @AliBHamed @RomeenSheth @rabois 7 Power is very good. Among the best books I've read on moats... I've been surprised to not find very many good ones.
Thinking, Fast and Slow
Daniel Kahneman
Decisions: You make hundreds every day, but do you really know how they are made? When can you trust fast, intuitive judgment, and when is it biased? How can you transform your thinking to help avoid overconfidence and become a better decision maker? Thinking, Fast and Slow ...in 30 Minutes is the essential guide to quickly understanding the fundamental components of decision making outlined in Daniel Kahneman's bestselling book, Thinking, Fast and Slow. Understand the key ideas behind Thinking, Fast and Slow in a fraction of the time: Concise chapter-by-chapter synopses Essential insights and takeaways highlighted Illustrative case studies demonstrate Kahneman's groundbreaking research in behavioral economics In Thinking, Fast and Slow, Daniel Kahneman, best-selling author and recipient of the Nobel Prize in Economics, has compiled his many years of groundbreaking research to offer practical knowledge and insights into how people's minds make decisions. Challenging the standard model of judgment, Kahneman aims to enhance the everyday language about thinking to more accurately discuss, diagnose, and reduce poor judgment. Thought, Kahneman explains, has two distinct systems: the fast and intuitive System 1, and the slow and effortful System 2. Intuitive decision making is often effective, but in Thinking, Fast and Slow Kahneman highlights situations in which it is unreliable-when decisions require predicting the future and assessing risks. Presenting a framework for how these two systems impact the mind, Thinking, Fast and Slow reveals the far-reaching impact of cognitive biases-from creating public policy to playing the stock market to increasing personal happiness-and provides tools for applying behavioral economics toward better decision making. A 30 Minute Expert Summary of Thinking, Fast and Slow Designed for those whose desire to learn exceeds the time they have available, the Thinking, Fast and Slow expert summary helps readers quickly and easily become experts ...in 30 minutes.@BoatShuman If you like Nudge, you should read Thinking Fast and Slow (Kahneman), Phishing for Phools (Akerlof and Shiller), The Rule of Nobody (Howard) and Cognitive Gadgets: The Cultural Evolution of Thinking (Hayes)!
Phishing for Phools
George A. Akerlof
Akerlof and Shiller argue that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception. Based on the intuitive idea that markets both give and take away, they show how phishing affects everyone, in almost every walk of life. We spend our money up to the limit, and then worry about how to pay the next month's bills. The financial system soars, then crashes. In doing so they explain a paradox: why, at a time when we are better off than ever before in history, all too many of us are leading lives of quiet desperation.@BoatShuman If you like Nudge, you should read Thinking Fast and Slow (Kahneman), Phishing for Phools (Akerlof and Shiller), The Rule of Nobody (Howard) and Cognitive Gadgets: The Cultural Evolution of Thinking (Hayes)!
This Is Marketing
Seth Godin
A game-changing approach to marketing, sales, and advertising, by bestselling author and renowned business thinker Seth Godin Over the past quarter century, Seth Godin has taught and inspired millions of entrepreneurs, marketers, leaders, and fans from all walks of life, via his blog, online courses, lectures, and bestselling books. He is the inventor of countless ideas and phrases that have made their way into mainstream business language, from Permission Marketing to Purple Cow to Tribes to The Dip. Now, for the first time, Godin offers the core of his marketing wisdom in one compact, accessible, and timeless package. This is Marketing shows you how to do work you're proud of, whether you're a tech startup founder, a small business owner, or an executive at a large corporation. Great marketers don't use consumers to solve their company's problem; they use marketing to solve other people's problems. Their tactics rely on empathy, connection, and emotional labor instead of attention-stealing ads and spammy email funnels. When done right, marketing seeks to make change in the world. No matter what your product or service, this book will teach you how to reframe how it's presented to the world, in order to meaningfully connect with the people who want it. Seth employs his signature blend of insight, observation, and memorable examples to teach you: * How to build trust and permission with your target market. * The art of positioning--deciding not only who it's for, but who it's not for. * Why the best way to achieve your marketing goals is to help others become who they want to be. * Why the old approaches to advertising and branding no longer work. * The surprising role of tension in any decision to buy (or not). * How marketing is at its core about the stories we tell ourselves about our social status. You can do work that matters for people who care. This book shows you the way.@dsimposters Hard to pick. Today I'm going to say This is Marketing, Amusing Ourselves to Death, and In the First Circle.
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.Three new book notes, including the great “Atomic Habits” : https://t.co/pEPbRZ1hrT
The Chickenshit Club
Jesse Eisinger
"Why were no bankers put in prison after the financial crisis of 2008? Why do CEOs seem to commit wrongdoing with impunity? The problem goes beyond banks deemed Too Big to Fail to almost every large corporation in America--to pharmaceutical companies and auto manufacturers and beyond. [This book]--an inside reference to prosecutors too scared of failure and too daunted by legal impediments to do their jobs--explains why"--Amazon.com.45. The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives - @eisengerj 46. Neuromancer ☢ - William Gibson 47. A Visit from the Goon Squad 🎶🎸- Jennifer Egan 48. The Refugees - Viet Thanh Nguyen 49. Lord of the Flies 🐷- William Gibson
An American Sickness
Elisabeth Rosenthal
"An award-winning New York Times reporter Dr. Elisabeth Rosenthal reveals the dangerous, expensive, and dysfunctional American healthcare system, and tells us exactly what we can do to solve its myriad of problems. It is well documented that our healthcare system has grave problems, but how, in only a matter of decades, did things get this bad? Dr. Elisabeth Rosenthal doesn't just explain the symptoms; she diagnoses and treats the disease itself. Rosenthal spells out in clear and practical terms exactly how to decode medical doublespeak, avoid the pitfalls of the pharmaceuticals racket, and get the care you and your family deserve. She takes you inside the doctor-patient relationship, explaining step by step the workings of a profession sorely lacking transparency. This is about what we can do, as individual patients, both to navigate a byzantine system and also to demand far-reaching reform. Breaking down the monolithic business into its individual industries--the hospitals, doctors, insurance companies, drug manufacturers--that together constitute our healthcare system, Rosenthal tells the story of the history of American medicine as never before. The situation is far worse than we think, and it has become like that much more recently than we realize. Hospitals, which are managed by business executives, behave like predatory lenders, hounding patients and seizing their homes. Research charities are in bed with big pharmaceutical companies, which surreptitiously profit from the donations made by working people. Americans are dying from routine medical conditions when affordable and straightforward solutions exist. Dr. Rosenthal explains for the first time how various social and financial incentives have encouraged a disastrous and immoral system to spring uporganicallyin a shockingly short span of time. The system is in tatters, but we can fight back. An American Sicknessis the frontline defense against a healthcare system that no longer has our well-being at heart"--38. Surely You're Joking Mr. Feynman - Richard P. Feynman 39. Being Mortal: Medicine and What Matters in the End 🌱- Atul Gawande 40. American Sickness: How Healthcare became Big Business - Elisabeth Rosenthal (must-read for anyone working in US 🏥 )
This Is Marketing
Seth Godin
A game-changing approach to marketing, sales, and advertising, by bestselling author and renowned business thinker Seth Godin Over the past quarter century, Seth Godin has taught and inspired millions of entrepreneurs, marketers, leaders, and fans from all walks of life, via his blog, online courses, lectures, and bestselling books. He is the inventor of countless ideas and phrases that have made their way into mainstream business language, from Permission Marketing to Purple Cow to Tribes to The Dip. Now, for the first time, Godin offers the core of his marketing wisdom in one compact, accessible, and timeless package. This is Marketing shows you how to do work you're proud of, whether you're a tech startup founder, a small business owner, or an executive at a large corporation. Great marketers don't use consumers to solve their company's problem; they use marketing to solve other people's problems. Their tactics rely on empathy, connection, and emotional labor instead of attention-stealing ads and spammy email funnels. When done right, marketing seeks to make change in the world. No matter what your product or service, this book will teach you how to reframe how it's presented to the world, in order to meaningfully connect with the people who want it. Seth employs his signature blend of insight, observation, and memorable examples to teach you: * How to build trust and permission with your target market. * The art of positioning--deciding not only who it's for, but who it's not for. * Why the best way to achieve your marketing goals is to help others become who they want to be. * Why the old approaches to advertising and branding no longer work. * The surprising role of tension in any decision to buy (or not). * How marketing is at its core about the stories we tell ourselves about our social status. You can do work that matters for people who care. This book shows you the way.@vboykis Amusing Ourselves to Death (Neil Postman, 1985) and This is Marketing (Seth Godin, 2018) were the two books that impacted me the most in 2018.
The Fifth Discipline
Peter M. Senge
A pioneer in learning organizations offers five disciplines that reveal the link between far-flung causes and immediate effects and that can save organizations from becoming "learning disabled," helping them learn better and faster, in a revised edition of the best-selling business classic. Simultaneous. 20,000 first printing.The Fifth Discipline: The Art & Practice of The Learning Organization https://t.co/C0ftAvR980 https://t.co/fKBK9Hih7N
Discipline Equals Freedom
Jocko Willink
Jocko Willink's methods for success were born in the SEAL Teams, where he spent most of his adult life, enlisting after high school and rising through the ranks to become the commander of the most highly decorated special operations unit of the war in Iraq. Here he describes how he lives that mantra: the mental and physical disciplines he imposes on himself in order to achieve freedom in all aspects of life. Willink includes strategies and tactics for conquering weakness, procrastination, and fear; specific physical training presented in workouts for beginner, intermediate, and advanced athletes; and the best sleep habits and food intake recommended to optimize performance.Discipline Equals Freedom: Field Manual https://t.co/AYjeXb9QOX https://t.co/GXwEauOqw9
Work Rules!
Laszlo Bock
NEW YORK TIMES BESTSELLERWALL STREET JOURNAL BESTSELLER From the visionary head of Google's innovative People Operations comes a groundbreaking inquiry into the philosophy of work-and a blueprint for attracting the most spectacular talent to your business and ensuring that they succeed. "We spend more time working than doing anything else in life. It's not right that the experience of work should be so demotivating and dehumanizing." So says Laszlo Bock, head of People Operations at the company that transformed how the world interacts with knowledge. This insight is the heart of WORK RULES!, a compelling and surprisingly playful manifesto that offers lessons including: Take away managers' power over employees Learn from your best employees-and your worst Hire only people who are smarter than you are, no matter how long it takes to find them Pay unfairly (it's more fair!) Don't trust your gut: Use data to predict and shape the future Default to open-be transparent and welcome feedback If you're comfortable with the amount of freedom you've given your employees, you haven't gone far enough. Drawing on the latest research in behavioral economics and a profound grasp of human psychology, WORK RULES! also provides teaching examples from a range of industries-including lauded companies that happen to be hideous places to work and little-known companies that achieve spectacular results by valuing and listening to their employees. Bock takes us inside one of history's most explosively successful businesses to reveal why Google is consistently rated one of the best places to work in the world, distilling 15 years of intensive worker R&D into principles that are easy to put into action, whether you're a team of one or a team of thousands. WORK RULES! shows how to strike a balance between creativity and structure, leading to success you can measure in quality of life as well as market share. Read it to build a better company from within rather than from above; read it to reawaken your joy in what you do.Work Rules!: Insights from Inside Google That Will Transform How You Live and Lead https://t.co/7snmV7mhWZ https://t.co/nFYN6eJQ5d
Essentialism
Greg McKeown
Outlines a systematic framework for enabling greater productivity without overworking, sharing strategies on how to eliminate unnecessary tasks while streamlining essential employee functions. By the co-author of the best-selling Multipliers. 75,000 first printing.Essentialism: The Disciplined Pursuit of Less https://t.co/u6UA25tJil https://t.co/mMVzgIBrxO
The Dip
Seth Godin
The author of Permission Marketing and Purple Cow shares insights into knowing when to support or fight corporate systems, explaining how to recognize and drop defunct practices to protect profits, job security, and professional satisfaction.The Dip: A Little Book That Teaches You When to Quit (and When to Stick) https://t.co/vpLwQuNjEy https://t.co/HZn0jXV2jR
The 100-Year Life
Lynda Gratton
What will your 100-year life look like? Does the thought of working for 60 or 70 years fill you with dread? Or can you see the potential for a more stimulating future as a result of having so much extra time? Many of us have been raised on the traditional notion of a three-stage approach to our working lives: education, followed by work and then retirement. But this well-established pathway is already beginning to collapse--life expectancy is rising, final-salary pensions are vanishing, and increasing numbers of people are juggling multiple careers. Whether you are 18, 45, or 60, you will need to do things very differently from previous generations and learn to structure your life in completely new ways. The 100-Year Life is here to help. Drawing on the unique pairing of their experience in psychology and economics, Lynda Gratton and Andrew Scott offer a broad-ranging analysis as well as a raft of solutions, showing how to rethink your finances, your education, your career, and your relationships and create a fulfilling 100-year life. Shortlisted for the FT/McKinsey Business Book of the Year Award, The 100-Year Life is a wake-up call that describes what to expect and considers the choices and options that you will face. It is also fundamentally a call to action for individuals, politicians, firms, and governments and offers the clearest demonstration that a 100-year life can be a wonderful and inspiring one.The 100-Year Life: Living and Working in an Age of Longevity https://t.co/B8xwt2mQMR https://t.co/QOm66ehxeU
Behind the Cloud
Marc Benioff
How did salesforce.com grow from a start up in a rented apartment into the world's fastest growing software company in less than a decade? For the first time, Marc Benioff, the visionary founder, chairman and CEO of salesforce.com, tells how he and his team created and used new business, technology, and philanthropic models tailored to this time of extraordinary change. Showing how salesforce.com not only survived the dotcom implosion of 2001, but went on to define itself as the leader of the cloud computing revolution and spark a $46-billion dollar industry, Benioff's story will help business leaders and entrepreneurs stand out, innovate better, and grow faster in any economic climate. In Behind the Cloud, Benioff shares the strategies that have inspired employees, turned customers into evangelists, leveraged an ecosystem of partners, and allowed innovation to flourish.Two lessons learned from the early days of Salesforce: 1. It's never too early to talk to enterprise companies 2. Build features that can be customized by users ie: custom fields Currently reading the Salesforce story: Behind the Cloud https://t.co/BIAjnSoQwy https://t.co/VWpE1cpi9Q
Creative Selection
Ken Kocienda
* WALL STREET JOURNAL BESTSELLER * An insider's account of Apple's creative process during the golden years of Steve Jobs. Hundreds of millions of people use Apple products every day; several thousand work on Apple's campus in Cupertino, California; but only a handful sit at the drawing board. Creative Selection recounts the life of one of the few who worked behind the scenes, a highly-respected software engineer who worked in the final years of the Steve Jobs era—the Golden Age of Apple. Ken Kocienda offers an inside look at Apple’s creative process. For fifteen years, he was on the ground floor of the company as a specialist, directly responsible for experimenting with novel user interface concepts and writing powerful, easy-to-use software for products including the iPhone, the iPad, and the Safari web browser. His stories explain the symbiotic relationship between software and product development for those who have never dreamed of programming a computer, and reveal what it was like to work on the cutting edge of technology at one of the world's most admired companies. Kocienda shares moments of struggle and success, crisis and collaboration, illuminating each with lessons learned over his Apple career. He introduces the essential elements of innovation—inspiration, collaboration, craft, diligence, decisiveness, taste, and empathy—and uses these as a lens through which to understand productive work culture. An insider's tale of creativity and innovation at Apple, Creative Selection shows readers how a small group of people developed an evolutionary design model, and how they used this methodology to make groundbreaking and intuitive software which countless millions use every day."Creative Selection - Ken Kocienda" - this is not just a great Apple book but a great all-time book on engineering. Made me feel the love for computer science all over again. https://t.co/We5YEcX3xn
Private Truths, Public Lies
Timur Kuran
Preface Living a Lie The Significance of Preference Falsification Private and Public Preferences Private Opinion, Public Opinion The Dynamics of Public Opinion Institutional Sources of Preference Falsification Inhibiting Change Collective Conservatism The Obstinacy of Communism The Ominous Perseverance of the Caste System The Unwanted Spread of Affirmative Action Distorting Knowledge Public Discourse and Private Knowledge The Unthinkable and the Unthought The Caste Ethic of Submission The Blind Spots of Communism The Unfading Specter of White Racism Generating Surprise Unforeseen Political Revolutions The Fall of Communism and Other Sudden Overturns The Hidden Complexities of Social Evolution From Slavery to Affirmative Action Preference Falsification and Social Analysis Notes Index."Private Truths, Public Lies: The Social Consequences of Preference Falsification" - nuanced look into what people do to fit into larger groups. Out of print but incredibly relevant to 2018. https://t.co/3o42EVc2Wm
Negotiating the Impossible
Deepak Malhotra
Some negotiations are easy. Others are more difficult. And then there are situations that seem completely hopeless. Conflict is escalating, people are getting aggressive, and no one is willing to back down. And to top it off, you have little power or other resources to work with. Harvard professor and negotiation adviser Deepak Malhotra shows how to defuse even the most potentially explosive situations and to find success when things seem impossible. Malhotra identifies three broad approaches for breaking deadlocks and resolving conflicts, and draws out scores of actionable lessons using behind-the-scenes stories of fascinating real-life negotiations, including drafting of the US Constitution, resolving the Cuban Missile Crisis, ending bitter disputes in the NFL and NHL, and beating the odds in complex business situations. But he also shows how these same principles and tactics can be applied in everyday life, whether you are making corporate deals, negotiating job offers, resolving business disputes, tackling obstacles in personal relationships, or even negotiating with children. As Malhotra reminds us, regardless of the context or which issues are on the table, negotiation is always, fundamentally, about human interaction. No matter how high the stakes or how protracted the dispute, the object of negotiation is to engage with other human beings in a way that leads to better understandings and agreements. The principles and strategies in this book will help you do this more effectively in every situation."Negotiating the Impossible: How to Break Deadlocks and Resolve Ugly Conflicts" - Now apply tips from this to real life situations all the time. https://t.co/DJTnL0JMBV
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.Okay, since @calebhicks asked — the four best books I read in 2018: Thinking in Bets, Annie Duke, The Science of Success, Charles Koch, A Gentleman in Moscow, Amor Towles, Conspiracy: Ryan Holiday, Bonus round: An Absolutely Remarkable Thing, Hank Green.
The Science of Success
Charles G. Koch
Praise for THE SCIENCE OF SUCCESS "Evaluating the success of an individual or company is a lot like judging a trapper by his pelts. Charles Koch has a lot of pelts. He has built Koch Industries into the world's largest privately held company, and this book is an insider's guide to how he did it. Koch has studied how markets work for decades, and his commitment to pass that knowledge on will inspire entrepreneurs for generations to come." —T. Boone Pickens "A must-read for entrepreneurs and corporate executives that is also applicable to the wider world. MBM is an invaluable tool for engendering excellence for all groups, from families to nonprofit entities. Government leaders could avoid policy failures by heeding the science of human behavior." —Richard L. Sharp, Chairman, CarMax "My father, Sam Walton, stressed the importance of fundamental principles—such as humility, integrity, respect, and creating value—that are the foundation for success. No one makes a better case for these principles than Charles Koch." —Rob Walton, Chairman, Wal-Mart "What accounts for Koch Industries' spectacular success? Charles Koch calls it Market-Based Management: a vision that nurtures personal qualities of humility and integrity that build trust and the confidence to enhance future success through learning from failure, and a culture of thinking in terms of opportunity cost and comparative advantage for all employees." —Vernon Smith, 2002 Nobel laureate in economics "In a very thoughtful, creative, and understandable way, Charles Koch explains how he has used the science of human behavior to create a culture that has produced one of the world's largest and most successful private companies. A must-read for anyone interested in creating value." —William B. Harrison Jr., Former Chairman and CEO, JPMorgan Chase & Co. "The same exacting thought, rooted in the realities of human nature, that the framers of the U.S. Constitution put into building a nation of entrepreneurs, Charles Koch has framed to build an enduring company of entrepreneurs—a company larger than Microsoft, Dell, HP, and other giants. Every entrepreneur should study this book." —Verne Harnish, founder, Young Entrepreneurs' Organization, author of Mastering the Rockefeller Habits, CEO, Gazelles Inc.Okay, since @calebhicks asked — the four best books I read in 2018: Thinking in Bets, Annie Duke, The Science of Success, Charles Koch, A Gentleman in Moscow, Amor Towles, Conspiracy: Ryan Holiday, Bonus round: An Absolutely Remarkable Thing, Hank Green.
Behind the Cloud
Marc Benioff
How did salesforce.com grow from a start up in a rented apartment into the world's fastest growing software company in less than a decade? For the first time, Marc Benioff, the visionary founder, chairman and CEO of salesforce.com, tells how he and his team created and used new business, technology, and philanthropic models tailored to this time of extraordinary change. Showing how salesforce.com not only survived the dotcom implosion of 2001, but went on to define itself as the leader of the cloud computing revolution and spark a $46-billion dollar industry, Benioff's story will help business leaders and entrepreneurs stand out, innovate better, and grow faster in any economic climate. In Behind the Cloud, Benioff shares the strategies that have inspired employees, turned customers into evangelists, leveraged an ecosystem of partners, and allowed innovation to flourish.@jimscheinman @Benioff @salesforce Just finished the Salesforce book "Behind the Cloud," great section on philanthropy. I think you need to give back early and often to make it a core part of your culture. Zendesk new hires volunteer at St. Anthony's in their first week to get connected early on!
Venture Deals
Brad Feld
Help take your startup to the next step with the new and revised edition of the popular book on the VC deal process—from the co-founders of the Foundry Group How do venture capital deals come together? This is one of the most frequent questions asked by each generation of new entrepreneurs. Surprisingly, there is little reliable information on the subject. No one understands this better than Brad Feld and Jason Mendelson. The founders and driving force behind the Foundry Group—a venture capital firm focused on investing in early-stage information technology companies—Brad and Jason have been involved in hundreds of venture capital financings. Their investments range from small startups to large Series A venture financing rounds. The new edition of Venture Deals continues to show fledgling entrepreneurs the inner-workings of the VC process, from the venture capital term sheet and effective negotiating strategies to the initial seed and the later stages of development. Fully updated to reflect the intricacies of startups and entrepreneurship in today's dynamic economic environment, this new edition includes revisions and updates to coverage on negotiating, gender issues, ICO’s, and economic terms. New chapters examine legal and procedural considerations relevant to fundraising, bank debt, equity and convertible debt, how to hire an investment banker to sell a company, and more. Provides valuable, real-world insights into venture capital structure and strategy Explains and clarifies the VC term sheet and other misunderstood aspects of capital funding Helps to build collaborative and supportive relationships between entrepreneurs and investors Draws from the author’s years of practical experience in the VC arena Includes extensively revised and updated content throughout to increase readability and currency Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist is a must-have resource for Any aspiring entrepreneur, venture capitalist, or lawyer involved in VC deals as well as students and instructors in related areas of study.@CathyReisenwitz Best option. Hands down. https://t.co/JBJKT4zXET
Eboys
Randall E. Stross
Looking carefully at these "icons" of the 1990s, the author uses his unprecedented access to the venture capitalists behind Benchmark to reveal the surprising world behind the ultimate investment gamble."Failure Happens in Technology. Just ask Mark Twain." * Article I wrote about one of the worst angel investments of all time, which made made by Mark Twain. * Inspired by reading eBoys, a book about Benchmark & their incredible eBay investment. https://t.co/5JwKlM4iry
StrengthsFinder 2.0
Tom Rath
An updated version of the StrengthsFinder program developed by Gallup experts to help readers discover their distinct talents and strengths and how they can be translated into personal and career successes.@tristajaye Love StrengthsFinder!
Factfulness
Hans Rosling
“One of the most important books I’ve ever read—an indispensable guide to thinking clearly about the world.” – Bill Gates “Hans Rosling tells thestory of ‘the secret silent miracle of human progress’ as only he can. But Factfulness does much more than that. It also explains why progress is so often secret and silent and teaches readershow to see it clearly.” —Melinda Gates Factfulness: The stress-reducing habit of only carrying opinions for which you have strong supporting facts. When asked simple questions about global trends—what percentage of the world’s population live in poverty; why the world’s population is increasing; how many girls finish school—we systematically get the answers wrong. So wrong that a chimpanzee choosing answers at random will consistently outguess teachers, journalists, Nobel laureates, and investment bankers. In Factfulness, Professor of International Health and global TED phenomenon Hans Rosling, together with his two long-time collaborators, Anna and Ola, offers a radical new explanation of why this happens. They reveal the ten instincts that distort our perspective—from our tendency to divide the world into two camps (usually some version of us and them) to the way we consume media (where fear rules) to how we perceive progress (believing that most things are getting worse). Our problem is that we don’t know what we don’t know, and even our guesses are informed by unconscious and predictable biases. It turns out that the world, for all its imperfections, is in a much better state than we might think. That doesn’t mean there aren’t real concerns. But when we worry about everything all the time instead of embracing a worldview based on facts, we can lose our ability to focus on the things that threaten us most. Inspiring and revelatory, filled with lively anecdotes and moving stories, Factfulness is an urgent and essential book that will change the way you see the world and empower you to respond to the crises and opportunities of the future. --- “This book is my last battle in my life-long mission to fight devastating ignorance...Previously I armed myself with huge data sets, eye-opening software, an energetic learning style and a Swedish bayonet for sword-swallowing. It wasn’t enough. But I hope this book will be.” Hans Rosling, February 2017.If you're looking for a good non-fiction read, I highly recommend Factfulness. Such a clear, rational perspective on the current state of the world. Thank you @dburka for the recommendation – I picked it up after you tweeted about it awhile ago 🙏🏻 https://t.co/brRPCDYvWT
The Year Without Pants
Scott Berkun
A behind-the-scenes look at the firm behind WordPress.com and the unique work culture that contributes to its phenomenal success 50 million websites, or twenty percent of the entire web, use WordPress software. The force behind WordPress.com is a convention-defying company called Automattic, Inc., whose 120 employees work from anywhere in the world they wish, barely use email, and launch improvements to their products dozens of times a day. With a fraction of the resources of Google, Amazon, or Facebook, they have a similar impact on the future of the Internet. How is this possible? What's different about how they work, and what can other companies learn from their methods? To find out, former Microsoft veteran Scott Berkun worked as a manager at WordPress.com, leading a team of young programmers developing new ideas. The Year Without Pants shares the secrets of WordPress.com's phenomenal success from the inside. Berkun's story reveals insights on creativity, productivity, and leadership from the kind of workplace that might be in everyone's future. Offers a fast-paced and entertaining insider's account of how an amazing, powerful organization achieves impressive results Includes vital lessons about work culture and managing creativity Written by author and popular blogger Scott Berkun (scottberkun.com) The Year Without Pants shares what every organization can learn from the world-changing ideas for the future of work at the heart of Automattic's success.@angelacolter Yoga pants FTW. Also The Year Without Pants: https://t.co/RY8ZPVIuJx and the Future of Work https://t.co/nX5PGHNg1Z
The Future of Work
Darrell M. West
Accelerating innovation -- Robots -- Artificial intelligence -- The internet of things -- Economic and social impact -- Rethinking work -- A new social contract -- Lifetime learning -- An action plan -- Is politics up to the task? -- Economic and political reform -- Notes -- Index@angelacolter Yoga pants FTW. Also The Year Without Pants: https://t.co/RY8ZPVIuJx and the Future of Work https://t.co/nX5PGHNg1Z
Digital Divide
Pippa Norris
Part I. Introductory Framework: 1. The digital divide 2. Understanding the digital divide: wired world 3. Social inequalities Part II. The Virtual Political System: 4. Theories of digital democracy 5. e-governance 6. Online parliaments 7. Virtual parties 8. Civic society Part III. The Democratic Divide: 9. Cyberculture 10. Digital engagement 11. Conclusions: promoting digital democracy.@roybahat @NeuCare @kevinkrim @AtlasMD @jacob_anstey @AdrianAlbreksen No. DARPA funded, then electric academics, then wealthy folks (remember the “Digital Divide”)
Owning Our Future
Marjorie Kelly
As long as businesses are set up to focus exclusively on maximizing financial income for the few, our economy will be locked into endless growth and widening inequality. But now people are experimenting with new forms of ownership, which Marjorie Kelly calls generative: aimed at creating the conditions for life for many generations to come. These designs may hold the key to the deep transformation our civilization needs. To understand these emerging alternatives, Kelly reports from all over the world, visiting a community-owned wind facility in Massachusetts, a lobster cooperative in Maine, a multibillion-dollar employee-owned department-store chain in London, a foundation-owned pharmaceutical company in Denmark, a farmer-owned dairy in Wisconsin, and other places where a hopeful new economy is being built. Along the way, she finds the five essential patterns of ownership design that make these models work.@eillieanzi, have you read @marjorie_kelly's "Owning Our Future"? You might enjoy it, if not.
Farsighted
Steven Johnson
The hardest choices are also the most consequential. So why do we know so little about how to get them right? Big, life-altering decisions matter so much more than the decisions we make every day, and they're also the most difficult: where to live, whom to marry, what to believe, whether to start a company, how to end a war. There's no one-size-fits-all approach for addressing these kinds of conundrums. Steven Johnson's classic Where Good Ideas Come From inspired creative people all over the world with new ways of thinking about innovation. In Farsighted, he uncovers powerful tools for honing the important skill of complex decision-making. While you can't model a once-in-a-lifetime choice, you can model the deliberative tactics of expert decision-makers. These experts aren't just the master strategists running major companies or negotiating high-level diplomacy. They're the novelists who draw out the complexity of their characters' inner lives, the city officials who secure long-term water supplies, and the scientists who reckon with future challenges most of us haven't even imagined. The smartest decision-makers don't go with their guts. Their success relies on having a future-oriented approach and the ability to consider all their options in a creative, productive way. Through compelling stories that reveal surprising insights, Johnson explains how we can most effectively approach the choices that can chart the course of a life, an organization, or a civilization. Farsighted will help you imagine your possible futures and appreciate the subtle intelligence of the choices that shaped our broader social history.Unbelievably, sound was recorded on a wax cylinder decades before Edison but the inventor never thought about playback, because he thought of it as a form of stenography. One of many stories from @stevenbjohnson's wonderful book Farsighted at #oreillyradar https://t.co/w3xZ4Y3bVt
The Myth of Capitalism
Jonathan Tepper
The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.If you’re wondering about the corrosive power of market concentration and how it distorts the economy, read The Myth of Capitalism, out now https://t.co/wtTAdUDJHl
How Asia Works
Joe Studwell
Until the catastrophic economic crisis of the late 1990s, East Asia was perceived as a monolithic success story. But heady economic growth rates masked the most divided continent in the world - one half the most extraordinary developmental success story ever seen, the other half a paper tiger. Joe Studwell explores how policies ridiculed by economists created titans in Japan, Korea and Taiwan, and are now behind the rise of China, while the best advice the West could offer sold its allies in South-East Asia down the economic river. The first book to offer an Asia-wide deconstruction of success and failure in economic development, Studwell's latest work is provocative and iconoclastic - and sobering reading for most of the world's developing countries. How Asia Works is a must-read book that packs powerful insights about the world's most misunderstood continent.@billjaneway Right now, I'm reading Joe Studwell's How Asia Works, which is not directly connected, but very much talks about the path by which rich countries get rich. It may need to be extended to tech as the fourth stage of economic development, if today's tech lives up to its potential
Bad Samaritans
Ha-Joon Chang
It's rare that a book appears with a fresh perspective on world affairs, but renowned economist Ha-Joon Chang has some startlingly original things to say about the future of globalization. In theory, he argues, the world's wealthiest countries and supra-national institutions like the IMF, World Bank and WTO want to see all nations developing into modern industrial societies. In practice, though, those at the top are 'kicking away the ladder' to wealth that they themselves climbed. Why? Self-interest certainly plays a part. But, more often, rich and powerful governments and institutions are actually being 'Bad Samaritans': their intentions are worthy but their simplistic free-market ideology and poor understanding of history leads them to inflict policy errors on others. Chang demonstrates this by contrasting the route to success of economically vibrant countries with the very different route now being dictated to the world's poorer nations. In the course of this, he shows just how muddled the thinking is in such key areas as trade and foreign investment. He shows that the case for privatisation and against state involvement is far from proven. And he explores the ways in which attitudes to national cultures and political ideologies are obscuring clear thinking and creating bad policy. Finally, he argues the case for new strategies for a more prosperous world that may appall the 'Bad Samaritans'.@Noahpinion This is also the point of the wonderful book Bad Samaritans by Ha Joon Chan https://t.co/brxWixZhCp
Why Nations Fail
Daron Acemoglu
Shortlisted for the Financial Times and Goldman Sachs Business Book of the Year Award 2012. Why are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compelling and elegantly argued new theory: that it is not down to climate, geography or culture, but because of institutions. Drawing on an extraordinary range of contemporary and historical examples, from ancient Rome through the Tudors to modern-day China, leading academics Daron Acemoglu and James A. Robinson show that to invest and prosper, people need to know that if they work hard, they can make money and actually keep it - and this means sound institutions that allow virtuous circles of innovation, expansion and peace. Based on fifteen years of research, and answering the competing arguments of authors ranging from Max Weber to Jeffrey Sachs and Jared Diamond, Acemoglu and Robinson step boldly into the territory of Francis Fukuyama and Ian Morris. They blend economics, politics, history and current affairs to provide a new, powerful and persuasive way of understanding wealth and poverty.@benedictevans @delong Another good book that is not obviously related, but deeply so, is Why Nations Fail, by Daron Acemoglu and James Robinson https://t.co/fLU0j4HbjE
Bad Samaritans
Ha-Joon Chang
It's rare that a book appears with a fresh perspective on world affairs, but renowned economist Ha-Joon Chang has some startlingly original things to say about the future of globalization. In theory, he argues, the world's wealthiest countries and supra-national institutions like the IMF, World Bank and WTO want to see all nations developing into modern industrial societies. In practice, though, those at the top are 'kicking away the ladder' to wealth that they themselves climbed. Why? Self-interest certainly plays a part. But, more often, rich and powerful governments and institutions are actually being 'Bad Samaritans': their intentions are worthy but their simplistic free-market ideology and poor understanding of history leads them to inflict policy errors on others. Chang demonstrates this by contrasting the route to success of economically vibrant countries with the very different route now being dictated to the world's poorer nations. In the course of this, he shows just how muddled the thinking is in such key areas as trade and foreign investment. He shows that the case for privatisation and against state involvement is far from proven. And he explores the ways in which attitudes to national cultures and political ideologies are obscuring clear thinking and creating bad policy. Finally, he argues the case for new strategies for a more prosperous world that may appall the 'Bad Samaritans'.@benedictevans A good read on this topic is South Korean economist Ha Joon Chang's book, Bad Samaritans, about how South Korea got rich. Also see @delong's book Concrete Economics, which makes the case that America got rich much the same way https://t.co/hhVcnvzOdf
Concrete Economics
Stephen S. Cohen
“an excellent new book” — Paul Krugman, The New York Times History, not ideology, holds the key to growth. Brilliantly written and argued, Concrete Economics shows how government has repeatedly reshaped the American economy ever since Alexander Hamilton’s first, foundational redesign. This book does not rehash the sturdy and long-accepted arguments that to thrive, entrepreneurial economies need a broad range of freedoms. Instead, Steve Cohen and Brad DeLong remedy our national amnesia about how our economy has actually grown and the role government has played in redesigning and reinvigorating it throughout our history. The government not only sets the ground rules for entrepreneurial activity but directs the surges of energy that mark a vibrant economy. This is as true for present-day Silicon Valley as it was for New England manufacturing at the dawn of the nineteenth century. The authors’ argument is not one based on abstract ideas, arcane discoveries, or complex correlations. Instead it is based on the facts—facts that were once well known but that have been obscured in a fog of ideology—of how the US economy benefited from a pragmatic government approach to succeed so brilliantly. Understanding how our economy has grown in the past provides a blueprint for how we might again redesign and reinvigorate it today, for such a redesign is sorely needed.@benedictevans A good read on this topic is South Korean economist Ha Joon Chang's book, Bad Samaritans, about how South Korea got rich. Also see @delong's book Concrete Economics, which makes the case that America got rich much the same way https://t.co/hhVcnvzOdf
Power to the Startup People
Sarah E. Brown
"Provides the tools and tips to navigate the world of tech startups and make better decisions about your career along the way"--Back cover.Creative Selection
Ken Kocienda
* WALL STREET JOURNAL BESTSELLER * An insider's account of Apple's creative process during the golden years of Steve Jobs. Hundreds of millions of people use Apple products every day; several thousand work on Apple's campus in Cupertino, California; but only a handful sit at the drawing board. Creative Selection recounts the life of one of the few who worked behind the scenes, a highly-respected software engineer who worked in the final years of the Steve Jobs era—the Golden Age of Apple. Ken Kocienda offers an inside look at Apple’s creative process. For fifteen years, he was on the ground floor of the company as a specialist, directly responsible for experimenting with novel user interface concepts and writing powerful, easy-to-use software for products including the iPhone, the iPad, and the Safari web browser. His stories explain the symbiotic relationship between software and product development for those who have never dreamed of programming a computer, and reveal what it was like to work on the cutting edge of technology at one of the world's most admired companies. Kocienda shares moments of struggle and success, crisis and collaboration, illuminating each with lessons learned over his Apple career. He introduces the essential elements of innovation—inspiration, collaboration, craft, diligence, decisiveness, taste, and empathy—and uses these as a lens through which to understand productive work culture. An insider's tale of creativity and innovation at Apple, Creative Selection shows readers how a small group of people developed an evolutionary design model, and how they used this methodology to make groundbreaking and intuitive software which countless millions use every day.Loved reading Creative Selection by Ken Kocienda, retelling the story of creating the first iPhone's keyboard and thereby giving us a glimpse into Apple's design process. Here is my review. https://t.co/bOXRKIdO1v
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life..@JamesClear thanks for sending this! Congrats, and looking forward to reading. https://t.co/UR7vPjN9g0
The Messy Middle
Scott Belsky
Silicon Valley is full of start-up success stories; every day stories emerge of a new company with the potential for a billion-dollar valuation and plans for global domination. But what can we really learn from these stories? How many of these start-ups are genuinely successful in the long term? When nine out of ten start-ups end in spectacular burnout, how can we ensure our own success story? While most books and press focus on the more sensational moments of creation and conclusion, The Messy Middle argues that the real key to success is how you navigate the ups-and-downs after initial investment is secured. It will give you all the insights you need to build and optimize your team, improve your product and develop your own capacity to lead. Building on seven years' of meticulous research with entrepreneurs, small agencies, start-ups and billion-dollar companies, Scott Belsky offers indispensable lessons on how to endure and thrive in the long term.Congrats to @scottbelsky for the launch of his book The Messy Middle today! For all builders, beyond the “1. Have great idea” and before “3. Profit” step, this book is your lifesaver. I’ve been enjoying it immensely. Check it here: https://t.co/cr1eMNA77v https://t.co/ViZSlgoEtV
Valley of Genius
Adam Fisher
"This is the most important book on Silicon Valley I've read in two decades. It will take us all back to our roots in the counterculture, and will remind us of the true nature of the innovation process, before we tried to tame it with slogans and buzzwords." -- Po Bronson, #1 New York Times bestselling author of The Nudist on the Late Shift and Nurtureshock A candid, colorful, and comprehensive oral history that reveals the secrets of Silicon Valley -- from the origins of Apple and Atari to the present day clashes of Google and Facebook, and all the start-ups and disruptions that happened along the way. Rarely has one economy asserted itself as swiftly--and as aggressively--as the entity we now know as Silicon Valley. Built with a seemingly permanent culture of reinvention, Silicon Valley does not fight change; it embraces it, and now powers the American economy and global innovation. So how did this omnipotent and ever-morphing place come to be? It was not by planning. It was, like many an empire before it, part luck, part timing, and part ambition. And part pure, unbridled genius... Drawing on over two hundred in-depth interviews, VALLEY OF GENIUS takes readers from the dawn of the personal computer and the internet, through the heyday of the web, up to the very moment when our current technological reality was invented. It interweaves accounts of invention and betrayal, overnight success and underground exploits, to tell the story of Silicon Valley like it has never been told before. Read it to discover the stories that Valley insiders tell each other: the tall tales that are all, improbably, true.Reading bedtime stories. https://t.co/4J67WMDR8B
The Complacent Class
Tyler Cowen
"Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs. The problem, according to ... Tyler Cowen, is that Americans today have broken from this tradition--we're working harder than ever to avoid change ... Cowen [believes that] there are significant collateral downsides attending this comfort, among them heightened inequality and segregation and decreased incentives to innovate and create"--Amazon.com.3/ This is the part where I recommend @tylercowen’s excellent “The Complacent Class.” https://t.co/FhIyHnxcev
The Interpretation of Financial Statements
Benjamin Graham
"All investors, from beginners to old hands, should gain from the use of this guide, as I have." From the Introduction by Michael F. Price, president, Franklin Mutual Advisors, Inc. Benjamin Graham has been called the most important investment thinker of the twentieth century. As a master investor, pioneering stock analyst, and mentor to investment superstars, he has no peer. The volume you hold in your hands is Graham's timeless guide to interpreting and understanding financial statements. It has long been out of print, but now joins Graham's other masterpieces, The Intelligent Investor and Security Analysis, as the three priceless keys to understanding Graham and value investing. The advice he offers in this book is as useful and prescient today as it was sixty years ago. As he writes in the preface, "if you have precise information as to a company's present financial position and its past earnings record, you are better equipped to gauge its future possibilities. And this is the essential function and value of security analysis." Written just three years after his landmark Security Analysis, The Interpretation of Financial Statements gets to the heart of the master's ideas on value investing in astonishingly few pages. Readers will learn to analyze a company's balance sheets and income statements and arrive at a true understanding of its financial position and earnings record. Graham provides simple tests any reader can apply to determine the financial health and well-being of any company. This volume is an exact text replica of the first edition of The Interpretation of Financial Statements, published by Harper & Brothers in 1937. Graham's original language has been restored, and readers can be assured that every idea and technique presented here appears exactly as Graham intended. Highly practical and accessible, it is an essential guide for all business people--and makes the perfect companion volume to Graham's investment masterpiece The Intelligent Investor.@TheStalwart Ben Graham's least-known book is The Interpretation of Financial Statements. Obviously not forensic accounting but it's pretty good and even people who think they know accounting will learn a lot. https://t.co/zIeQC0YL4R
A Little History of Economics
Niall Kishtainy
A lively, inviting account of the history of economics, told through events from ancient to modern times and through the ideas of great thinkers in the fieldPicked this up over the weekend and read it in two sittings on a ✈️. Solid overview/refresher of the folks and concepts that make up the dismal science. https://t.co/UkagILhXlr
Angel
Jason Calacanis
These 💩 financials are helpfully disclosed right there in the documents. BTW, this is a company that Sequoia invested $20M+ in when it was called Mahalo. Now is *your* chance to invest! $2,500 gets you an autographed copy of the founder's book entitled "Angel". https://t.co/Egs4kCFix8
Capitalism without Capital
Jonathan Haskel
Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.If you want to understand why this matters, I highly recommend the new book “Capitalism Without Capital” by @haskelecon and @stianwestlake. Here’s my review: https://t.co/7VU7i8wvPA
Skin in the Game
Nassim Nicholas Taleb
From the bestselling author of The Black Swan, a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility 'Skin in the game means that you do not pay attention to what people say, only to what they do, and how much of their neck they are putting on the line' Citizens, artisans, police, fishermen, political activists and entrepreneurs all have skin in the game. Policy wonks, corporate executives, many academics, bankers and most journalists don't. It's all about having something to lose and sharing risks with others. In his most provocative and practical book yet, Nassim Nicholas Taleb shows that skin in the game, often seen as the foundation of risk management, in fact applies to all aspects of our lives. In his inimitable style, Taleb draws on everything from Antaeus the Giant to Hammurabi to Donald Trump, from ethics to used car salesmen, to create a jaw-dropping framework for understanding this idea. Among his insights: For social justice, focus on symmetry and risk sharing. Minorities, not majorities, run the world. You can be an intellectual yet still be an idiot. Beware of complicated solutions (that someone was paid to find). Just as The Black Swan did during the 2007 financial crisis, Skin in the Game comes at precisely the right moment to challenge our long-held beliefs about risk, reward, politics, religion and business - and make us rethink everything we thought we knew.@RolandDecker Vasishta Yoga, The Book of Nothing, Math (Better Explained), Skin in the Game, 12 Rules for Life, The Path to Love, Faraday Maxwell and the Electromagnetic Field, Direct Truth, The Gay Science, Permutation City, The Order of a Time, and many, many others.
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.After 3 years of work, I am very excited to announce that my first full-length book will be published by Penguin Random House on October 16th. The title is Atomic Habits and to make this book a success, I need your help. Here are 4 ways you can help: https://t.co/7QuzVUOvp5
Behind the Cloud
Marc Benioff
How did salesforce.com grow from a start up in a rented apartment into the world's fastest growing software company in less than a decade? For the first time, Marc Benioff, the visionary founder, chairman and CEO of salesforce.com, tells how he and his team created and used new business, technology, and philanthropic models tailored to this time of extraordinary change. Showing how salesforce.com not only survived the dotcom implosion of 2001, but went on to define itself as the leader of the cloud computing revolution and spark a $46-billion dollar industry, Benioff's story will help business leaders and entrepreneurs stand out, innovate better, and grow faster in any economic climate. In Behind the Cloud, Benioff shares the strategies that have inspired employees, turned customers into evangelists, leveraged an ecosystem of partners, and allowed innovation to flourish.@davebarna @Geoff352 @CodeRamboSG @andrewchen @salesforce Wrong. Read Benioff’s book Beyond the Cloud for the definitive history of Salesforce.
AI Superpowers
Kai-Fu Lee
THE NEW YORK TIMES, USA TODAY, AND WALL STREET JOURNAL BESTSELLER Dr. Kai-Fu Lee—one of the world’s most respected experts on AI and China—reveals that China has suddenly caught up to the US at an astonishingly rapid and unexpected pace. In AI Superpowers, Kai-fu Lee argues powerfully that because of these unprecedented developments in AI, dramatic changes will be happening much sooner than many of us expected. Indeed, as the US-Sino AI competition begins to heat up, Lee urges the US and China to both accept and to embrace the great responsibilities that come with significant technological power. Most experts already say that AI will have a devastating impact on blue-collar jobs. But Lee predicts that Chinese and American AI will have a strong impact on white-collar jobs as well. Is universal basic income the solution? In Lee’s opinion, probably not. But he provides a clear description of which jobs will be affected and how soon, which jobs can be enhanced with AI, and most importantly, how we can provide solutions to some of the most profound changes in human history that are coming soon.I read an advanced draft of @kaifulee’s book AI Superpowers, and I guarantee you won’t want to miss this. He does a beautiful job of handicapping the #AI race between the US and China, and the implications for all of us. And when the book comes out this fall, READ IT! https://t.co/ODRQSkQXW1
Mastery
Robert Greene
Evaluates the tactics employed by great historical figures to offer insight into how to gain control over one's own life and destiny, challenging cultural myths to demonstrate how anyone can tap the power of a love for doing something well to achieve high levels of success.Plowing through three books at once. Enjoying all three. Mastery @RobertGreene High Growth Handbook @eladgil Traction @GinoWickman https://t.co/LQKjjMDD1n
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinatesBlitzscaling
Reid Hoffman
What entrepreneur or founder doesnt aspire to build the next Amazon, Facebook, or Airbnb? Yet those who actually manage to do so are exceedingly rare. So what separates the startups that get disrupted and disappear from the ones who grow to become global giants? The secret is blitzscaling: a set of techniques for scaling up at a dizzying pace that blows competitors out of the water. The objective of Blitzscaling is not to go from zero to one, but from one to one billion as quickly as possible.Who Gets What -- and Why
Alvin E. Roth
A Nobel laureate reveals the often surprising rules that govern a vast array of activities -- both mundane and life-changing -- in which money may play little or no role. If you've ever sought a job or hired someone, applied to college or guided your child into a good kindergarten, asked someone out on a date or been asked out, you've participated in a kind of market. Most of the study of economics deals with commodity markets, where the price of a good connects sellers and buyers. But what about other kinds of "goods," like a spot in the Yale freshman class or a position at Google? This is the territory of matching markets, where "sellers" and "buyers" must choose each other, and price isn't the only factor determining who gets what. Alvin E. Roth is one of the world's leading experts on matching markets. He has even designed several of them, including the exchange that places medical students in residencies and the system that increases the number of kidney transplants by better matching donors to patients. In Who Gets What -- And Why, Roth reveals the matching markets hidden around us and shows how to recognize a good match and make smarter, more confident decisions.@_spdz @oscon I assume those are the three books I referenced in the talk, Kernighan and Pike’s The Unix Programming Environment, Alvin Roth’s Who Gets What and Why, and Kate Raworth’s Doughnut Economics. (Name check in case others want to check them out.)
Blitzscaling
Reid Hoffman
What entrepreneur or founder doesnt aspire to build the next Amazon, Facebook, or Airbnb? Yet those who actually manage to do so are exceedingly rare. So what separates the startups that get disrupted and disappear from the ones who grow to become global giants? The secret is blitzscaling: a set of techniques for scaling up at a dizzying pace that blows competitors out of the water. The objective of Blitzscaling is not to go from zero to one, but from one to one billion as quickly as possible.Zero to One
Peter Thiel
WHAT VALUABLE COMPANY IS NOBODY BUILDING? The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin wonâe(tm)t make a search engine. If you are copying these guys, you arenâe(tm)t learning from them. Itâe(tm)s easier to copy a model than to make something new: doing what we already know how to do takes the world from 1 to n, adding more of something familiar. Every new creation goes from 0 to 1. This book is about how to get there. âe~Peter Thiel has built multiple breakthrough companies, and Zero to One shows how.âe(tm) ELON MUSK, CEO of SpaceX and Tesla âe~This book delivers completely new and refreshing ideas on how to create value in the world.âe(tm) MARK ZUCKERBERG, CEO of Facebook âe~When a risk taker writes a book, read it. In the case of Peter Thiel, read it twice. Or, to be safe, three times. This is a classic.âe(tm) NASSIM NICHOLAS TALEB, author of The Black SwanConfronting Dystopia
Eva Paus
"Assesses economic and political impacts of the worldwide revolution in artificial intelligence, machine learning, and robotics and proposes policies to benefit jobs, working conditions, and incomes in the Global North and the Global South"--I'm pleased to have contributed a chapter on the #RiseoftheRobots to the new book CONFRONTING DYSTOPIA, published by @cornellilr / @CornellPress 30% discount available here: https://t.co/5w9bARUYPY
@collision @AustenAllred Steve Jobs and The Next Big Thing by Stross.
The Great Stagnation
Tyler Cowen
Tyler Cowen's The Great Stagnation, the eSpecial heard round the world that ignited a firestorm of debate and redefined the nature of our economic malaise, is now-at last-a book. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.@briansugar @acinader @rabois @patrickc @collision @naval Not to jump on this thread, but: +1 to Conspiracy, and add: - The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better by @tylercowen. - Lab Girl by Hope Jahren - Amusing Ourselves to Death by Neil Postman
The Everything Store
Brad Stone
**Winner of the 2013 Financial Times and Goldman Sachs Business Book of the Year Award** Though Amazon.com started off delivering books through the mail, its visionary founder, Jeff Bezos, was never content with being just a bookseller. He wanted Amazon to become 'the everything store', offering limitless selection and seductive convenience at disruptively low prices. To achieve that end, he developed a corporate culture of relentless ambition and secrecy that's never been cracked. Until now... Jeff Bezos stands out for his relentless pursuit of new markets, leading Amazon into risky new ventures like the Kindle and cloud computing, and transforming retail in the same way that Henry Ford revolutionized manufacturing. Amazon placed one of the first and largest bets on the Internet. Nothing would ever be the same again.10 Things I Learned Reading Brad Stone's The Everything Store https://t.co/rN0e1onZpu (*updated*)
Quirky
Melissa A Schilling
@sriramk https://t.co/qTbGN8IjGD
In Defense of Troublemakers
Charlan Nemeth
An eminent psychologist explains why dissent should be cherished, not feared We've decided by consensus that consensus is good. In In Defense of Troublemakers, psychologist Charlan Nemeth argues that this principle is completely wrong: left unchallenged, the majority opinion is often biased, unoriginal, or false. It leads planes and markets to crash, causes juries to convict innocent people, and can quite literally make people think blue is green. In the name of comity, we embrace stupidity. We can make better decisions by embracing dissent. Dissent forces us to question the status quo, consider more information, and engage in creative decision-making. From Twelve Angry Men to Edward Snowden, lone objectors who make people question their assumptions bring groups far closer to truth--regardless of whether they are right or wrong. Essential reading for anyone who works in groups, In Defense of Troublemakers will radically change the way you think, listen, and make decisions.Today’s reading (complement to yesterday’s tweet about analytical rigor): https://t.co/OlbqyyEdZR
Talent Wins
Ram Charan
Intro: Memo to the CEO: your talent playbook -- Forge the tools of transformation -- Energize the board -- Design & redesign the work of the organization -- Reinvent HR as a source of competitive advantage -- Scale up individual talent -- Create an M & A strategy for talent -- Drive the talent playbookIntriguing ideas. Provocative and actionable. https://t.co/H1mzk3Mc2E
Ogilvy on Advertising
David Ogilvy
An advertising authority updates his analysis of the elements of successful advertising and assesses the advertising environment that has emerged during the past twenty years@datarade Have not. Worth it? My favorite book on writing is Ogilvy on Advertising
Troublemakers
Leslie Berlin
A narrative history of the Silicon Valley generation that launched five major high-tech industries in seven years details the specific contributions of seven technical pioneers and how they established the foundation for today's tech-driven world.@sarthakgh The Troublemakers and Little Kingdom, and one of the Andy Grove biographies.
Return to the Little Kingdom
Michael Moritz
A revised and expanded edition of the original 1984 work traces the Apple founders' childhoods and educations before the company's advent, in a volume that tracks Apple's development and profiles Steve Jobs.@sarthakgh The Troublemakers and Little Kingdom, and one of the Andy Grove biographies.
Doughnut Economics
Kate Raworth
Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That's why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic "doughnut" image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas--from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science--to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.I am loving @KateRaworth’s book Doughnut Economics. It puts #inequality in a far broader context, connecting a great many 21st century problems with a single vision. Every business leader and every policy maker should read it. For a quick summary, see https://t.co/harwQvlLlC
The art of possibility
Rosamund Stone Zander
Introduces twelve groundbreaking practices for integrating creativity into every facet of human endeavor, utilizing inspirational stories, parables, and personal anecdotes to demonstrate the powerful role and influence of possibility in every aspect of human life. Reprint.@patrick_oshag If you have less than one hour: Tao Te Ching by Stephen Mitchell If you want an entertaining success story: Born Standing Up by Steve Martin If you want to broaden your thinking: The Art of Possibility by Zander If you want to listen to a great writer: Just Kids by Patti Smith
The Wealth of Humans
Ryan Avent
An investigation of how the digital revolution is fundamentally changing our concept of work, and what it means for our future economy.Themed bedtime reading https://t.co/QWqFPLWFxf
Catastrophic Care
David Goldhill
"A visionary investigation that will change the way we think about health care- how and why it is failing, why expanding coverage will actually make things worse, and how our health care can be transformed into a transparent, affordable, successful system. n 2007, David Goldhill's father died from infections acquired in a hospital, one of more than two hundred thousand avoidable deaths per year caused by medical error. The bill was enormous and Medicare paid it. These circumstances left Goldhill angry and determined to understand how world-class technology and personnel could coexist with such carelessness and how a business that failed so miserably could be paid in full. Catastrophic Careis the eye-opening result. Blending personal anecdotes and extensive research, Goldhill presents us with cogent, biting analysis that challenges the basic preconceptions that have shaped our thinking for decades. Contrasting the Island of health care with the Mainland of our economy, he demonstrates that high costs, excess medicine, terrible service, and medical error are the inevitable consequences of our insurance-based system. He explains why policy efforts to fix these problems haveThanks for the recommendation @nchirls https://t.co/sMyujFttbX
- The bestselling book, now with a new preface by the authors At once a bold defense and reimagining of capitalism and a blueprint for a new system for doing business, Conscious Capitalism is for anyone hoping to build a more cooperative, humane, and positive future. Whole Foods Market cofounder John Mackey and professor and Conscious Capitalism, Inc. cofounder Raj Sisodia argue that both business and capitalism are inherently good, and they use some of today’s best-known and most successful companies to illustrate their point. From Southwest Airlines, UPS, and Tata to Costco, Panera, Google, the Container Store, and Amazon, today’s organizations are creating value for all stakeholders—including customers, employees, suppliers, investors, society, and the environment. Read this book and you’ll better understand how four specific tenets—higher purpose, stakeholder integration, conscious leadership, and conscious culture and management—can help build strong businesses, move capitalism closer to its highest potential, and foster a more positive environment for all of us.
Next up on the reading list: Conscious Capitalism by John Mackey, Founder of @WholeFoods. I’m a big believer in companies that contribute to well-being and human progress 🚀 https://t.co/r4dtaH2gEJ
Brotopia
Emily Chang
Instant National Bestseller "Excellent." --San Francisco Chronicle "Brotopia is more than a business book. Silicon Valley holds extraordinary power over our present lives as well as whatever utopia (or nightmare) might come next." --New York Times Silicon Valley is a modern utopia where anyone can change the world. Unless you're a woman. For women in tech, Silicon Valley is not a fantasyland of unicorns, virtual reality rainbows, and 3D-printed lollipops, where millions of dollars grow on trees. It's a "Brotopia," where men hold all the cards and make all the rules. Vastly outnumbered, women face toxic workplaces rife with discrimination and sexual harassment, where investors take meetings in hot tubs and network at sex parties. In this powerful exposé, Bloomberg TV journalist Emily Chang reveals how Silicon Valley got so sexist despite its utopian ideals, why bro culture endures despite decades of companies claiming the moral high ground (Don't Be Evil! Connect the World!)--and how women are finally starting to speak out and fight back. Drawing on her deep network of Silicon Valley insiders, Chang opens the boardroom doors of male-dominated venture capital firms like Kleiner Perkins, the subject of Ellen Pao's high-profile gender discrimination lawsuit, and Sequoia, where a partner once famously said they "won't lower their standards" just to hire women. Interviews with Facebook COO Sheryl Sandberg, YouTube CEO Susan Wojcicki, and former Yahoo! CEO Marissa Mayer--who got their start at Google, where just one in five engineers is a woman--reveal just how hard it is to crack the Silicon Ceiling. And Chang shows how women such as former Uber engineer Susan Fowler, entrepreneur Niniane Wang, and game developer Brianna Wu, have risked their careers and sometimes their lives to pave a way for other women. Silicon Valley's aggressive, misogynistic, work-at-all costs culture has shut women out of the greatest wealth creation in the history of the world. It's time to break up the boys' club. Emily Chang shows us how to fix this toxic culture--to bring down Brotopia, once and for all.Was so excited to spend the evening with @emilychangtv and @BradStone in an incredible interview on the back story of Brotopia. Can't wait to read it! https://t.co/lsUxgyxguD https://t.co/6o2j4Wo4SJ
Grit
Angela Duckworth
"In this must-read book for anyone striving to succeed, pioneering psychologist Angela Duckworth shows parents, educators, athletes, students, and business people--both seasoned and new--that the secret to outstanding achievement is not talent but a focused persistence called "grit." Why do some people succeed and others fail? Sharing new insights from her landmark research on grit, MacArthur "genius" Angela Duckworth explains why talent is hardly a guarantor of success. Rather, other factors can be even more crucial such as identifying our passions and following through on our commitments. Drawing on her own powerful story as the daughter of a scientist who frequently bemoaned her lack of smarts, Duckworth describes her winding path through teaching, business consulting, and neuroscience, which led to the hypothesis that what really drives success is not "genius" but a special blend of passion and long-term perseverance. As a professor at the University of Pennsylvania, Duckworth created her own "character lab" and set out to test her theory. Here, she takes readers into the field to visit teachers working in some of the toughest schools, cadets struggling through their first days at West Point, and young finalists in the National Spelling Bee. She also mines fascinating insights from history and shows what can be gleaned from modern experiments in peak performance. Finally, she shares what she's learned from interviewing dozens of high achievers--from JP Morgan CEO Jamie Dimon to the cartoon editor of The New Yorker to Seattle Seahawks Coach Pete Carroll. Winningly personal, insightful, and even life-changing, Grit is a book about what goes through your head when you fall down, and how that--not talent or luck--makes all the difference"--@FastTash Nah but been tweeting the book covers. You can see in my media feed. Think i left off Grit and Originals.
The 100-Year Life
Lynda Gratton
What will your 100-year life look like? Does the thought of working for 60 or 70 years fill you with dread? Or can you see the potential for a more stimulating future as a result of having so much extra time? Many of us have been raised on the traditional notion of a three-stage approach to our working lives: education, followed by work and then retirement. But this well-established pathway is already beginning to collapse--life expectancy is rising, final-salary pensions are vanishing, and increasing numbers of people are juggling multiple careers. Whether you are 18, 45, or 60, you will need to do things very differently from previous generations and learn to structure your life in completely new ways. The 100-Year Life is here to help. Drawing on the unique pairing of their experience in psychology and economics, Lynda Gratton and Andrew Scott offer a broad-ranging analysis as well as a raft of solutions, showing how to rethink your finances, your education, your career, and your relationships and create a fulfilling 100-year life. Shortlisted for the FT/McKinsey Business Book of the Year Award, The 100-Year Life is a wake-up call that describes what to expect and considers the choices and options that you will face. It is also fundamentally a call to action for individuals, politicians, firms, and governments and offers the clearest demonstration that a 100-year life can be a wonderful and inspiring one.Next up on the reading list! The 100-Year Life: Living and Working in an Age of Longevity. Lynda Gratton & Andrew Scott https://t.co/FMxO2ZZrYi
Zero to One
Blake Masters
WHAT VALUABLE COMPANY IS NOBODY BUILDING? The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. If you are copying these guys, you aren’t learning from them. It’s easier to copy a model than to make something new: doing what we already know how to do takes the world from 1 to n, adding more of something familiar. Every new creation goes from 0 to 1. This book is about how to get there. ‘Peter Thiel has built multiple breakthrough companies, and Zero to One shows how.’ ELON MUSK, CEO of SpaceX and Tesla ‘This book delivers completely new and refreshing ideas on how to create value in the world.’ MARK ZUCKERBERG, CEO of Facebook ‘When a risk taker writes a book, read it. In the case of Peter Thiel, read it twice. Or, to be safe, three times. This is a classic.’ NASSIM NICHOLAS TALEB, author of The Black Swan@luciocorp @zebulgar @apd4real Read Zero to One. Also see my investment criteria posted on Twitter on Thanksgiving.
Den of Thieves
James B. Stewart
A #1 bestseller from coast to coast, Den of Thieves tells the full story of the insider-trading scandal that nearly destroyed Wall Street, the men who pulled it off, and the chase that finally brought them to justice. Pulitzer Prize–winner James B. Stewart shows for the first time how four of the eighties’ biggest names on Wall Street—Michael Milken, Ivan Boesky, Martin Siegel, and Dennis Levine —created the greatest insider-trading ring in financial history and almost walked away with billions, until a team of downtrodden detectives triumphed over some of America’s most expensive lawyers to bring this powerful quartet to justice. Based on secret grand jury transcripts, interviews, and actual trading records, and containing explosive new revelations about Michael Milken and Ivan Boesky written especially for this paperback edition, Den of Thieves weaves all the facts into an unforgettable narrative—a portrait of human nature, big business, and crime of unparalleled proportions.Before investing in an ICO, recommend reading about the history of Michael Miliken and junk bonds. Contrast Den of Thieves (James Stewart) which is awesome w https://t.co/8uJOUrmDFY which is revolutionary.
The Mindful Coach
Douglas K. Silsbee
Drawing from modern Buddhist perspectives on mindfulness, this important book skillfully integrates the key practice of self-awareness with seven essential roles played by any professional charged with supporting learning, growth and change.With exercises, sample dialogues, and application models, The Mindful Coach offers a systematic approach for developing yourself as a coach.New book Friday. Thx for the recommendation @chaddickerson. Excited to dig into this one. https://t.co/2WEhHJD9RK
Powerful
Patty McCord
When it comes to recruiting, motivating, and creating great teams, McCord says most companies have it all wrong. She helped create the high-performing culture at Netflix, and now she shares what she learned. McCord advocates practicing radical honesty in the workplace, saying good-bye to employees who don't fit the company's emerging needs, and motivating with challenging work, not promises, perks, and bonus plans.A superior approach to management training and managing millennials... https://t.co/sWko8olJG7
Return to the Little Kingdom
Michael Moritz
A revised and expanded edition of the original 1984 work traces the Apple founders' childhoods and educations before the company's advent, in a volume that tracks Apple's development and profiles Steve Jobs.@derek_j_morris @semil @bhorowitz @SenDuckworth @valleyhack Start w Troublemakers, read Little Kingdom, Tom Wolfe on Robert Noyce, SJ and the NEXT Big Thing.
Thinking, Fast and Slow
Daniel Kahneman
Decisions: You make hundreds every day, but do you really know how they are made? When can you trust fast, intuitive judgment, and when is it biased? How can you transform your thinking to help avoid overconfidence and become a better decision maker? Thinking, Fast and Slow ...in 30 Minutes is the essential guide to quickly understanding the fundamental components of decision making outlined in Daniel Kahneman's bestselling book, Thinking, Fast and Slow. Understand the key ideas behind Thinking, Fast and Slow in a fraction of the time: Concise chapter-by-chapter synopses Essential insights and takeaways highlighted Illustrative case studies demonstrate Kahneman's groundbreaking research in behavioral economics In Thinking, Fast and Slow, Daniel Kahneman, best-selling author and recipient of the Nobel Prize in Economics, has compiled his many years of groundbreaking research to offer practical knowledge and insights into how people's minds make decisions. Challenging the standard model of judgment, Kahneman aims to enhance the everyday language about thinking to more accurately discuss, diagnose, and reduce poor judgment. Thought, Kahneman explains, has two distinct systems: the fast and intuitive System 1, and the slow and effortful System 2. Intuitive decision making is often effective, but in Thinking, Fast and Slow Kahneman highlights situations in which it is unreliable-when decisions require predicting the future and assessing risks. Presenting a framework for how these two systems impact the mind, Thinking, Fast and Slow reveals the far-reaching impact of cognitive biases-from creating public policy to playing the stock market to increasing personal happiness-and provides tools for applying behavioral economics toward better decision making. A 30 Minute Expert Summary of Thinking, Fast and Slow Designed for those whose desire to learn exceeds the time they have available, the Thinking, Fast and Slow expert summary helps readers quickly and easily become experts ...in 30 minutes.Before the Industrial Revolution
Carlo M. Cipolla
The Third Edition includes substantial revisions and new material throughout the book that will secure its standing as the most useful history available of preindustrial Europe.@TaylorPearsonMe “Before the Industrial Revolution” is awesome for this (recommended to me by @paulg). Several wonderful Great Courses on the era too...go on audible and check great courses > history
Why Information Grows
Cesar Hidalgo
My latest post goes long on the book Why Information Grows and thoughts it inspired about Sony, Apple, Din Tai Fung, the Chinese economy, and DJI, among other things: https://t.co/QWjWpfwgEo
How Adam Smith Can Change Your Life
Russ Roberts
"How the insights of an 18th century economist can help us live better in the 21st century. Adam Smith became famous for The Wealth of Nations, but the Scottish economist also cared deeply about our moral choices and behavior--the subjects of his other brilliant book, The Theory of Moral Sentiments (1759). Now, economist Russ Roberts shows why Smith's neglected work might be the greatest self-help book you've never read. Roberts explores Smith's unique and fascinating approach to fundamental questions such as: - What is the deepest source of human satisfaction? - Why do we sometimes swing between selfishness and altruism? - What's the connection between morality and happiness? Drawing on current events, literature, history, and pop culture, Roberts offers an accessible and thought-provoking view of human behavior through the lenses of behavioral economics and philosophy"--"What sustains civilization is the stream of approval and disapproval we all provide as we respond to the conduct of those around us." @EconTalker summarizes the argument of Adam Smith's Theory of Moral Sentiments. Lovely! https://t.co/tjxz6t30Go
Return to the Little Kingdom
Michael Moritz
A revised and expanded edition of the original 1984 work traces the Apple founders' childhoods and educations before the company's advent, in a volume that tracks Apple's development and profiles Steve Jobs.@terronk The Little Kingdom by Moritz.
Principles
Ray Dalio
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.in my view, the most important business book of 2017: @RayDalio's Principles; I wrote about why at https://t.co/oCGDgqk6KZ
The Box
Marc Levinson
In April 1956, a refitted oil tanker carried fifty-eight shipping containers from Newark to Houston. From that modest beginning, container shipping developed into a huge industry that made the boom in global trade possible. The Box tells the dramatic story of the container's creation, the decade of struggle before it was widely adopted, and the sweeping economic consequences of the sharp fall in transportation costs that containerization brought about. But the container didn't just happen. Its adoption required huge sums of money, both from private investors and from ports that aspired to be on the leading edge of a new technology. It required years of high-stakes bargaining with two of the titans of organized labor, Harry Bridges and Teddy Gleason, as well as delicate negotiations on standards that made it possible for almost any container to travel on any truck or train or ship. Ultimately, it took McLean's success in supplying U.S. forces in Vietnam to persuade the world of the container's potential. Drawing on previously neglected sources, economist Marc Levinson shows how the container transformed economic geography, devastating traditional ports such as New York and London and fueling the growth of previously obscure ones, such as Oakland. By making shipping so cheap that industry could locate factories far from its customers, the container paved the way for Asia to become the world's workshop and brought consumers a previously unimaginable variety of low-cost products from around the globe. Published in hardcover on the fiftieth anniversary of the first container voyage, this is the first comprehensive history of the shipping container. Now with a new chapter, The Box tells the dramatic story of how the drive and imagination of an iconoclastic entrepreneur turned containerization from an impractical idea into a phenomenon that transformed economic geography, slashed transportation costs, and made the boom in global trade possible.Startup Life
Brad Feld
Real life insights on what it takes to make it in a relationship with an entrepreneur Entrepreneurs are always on the go, looking for the next "startup" challenge. And while they lead very intensely rewarding lives, time is always short and relationships are often long-distant and stressed because of extended periods apart. Coping with these, and other obstacles, are critical if an entrepreneur and their partner intend on staying together—and staying happy. In Startup Life, Brad Feld—a Boulder, Colorado-based entrepreneur turned-venture capitalist—shares his own personal experiences with his wife Amy, offering a series of rich insights into successfully leading a balanced life as a human being who wants to play as hard as he works and who wants to be as fulfilled in life and in work. With this book, Feld distills his twenty years of experience in this field to addresses how the village of startup people can put aside their workaholic ways and lead rewarding lives in all respects. Includes real-life examples of entrepreneurial couples who have had successful relationships and what works for them Provides practical advice for adapting to change and overcoming the inevitable ups and downs associated with the entrepreneurial lifestyle Written by Brad Feld, a thought-leader in this field who has been an early-stage investor and successful entrepreneur for more than twenty years While there's no "secret formula" to relationship success in the world of the entrepreneur, there are ways to making navigation of this territory easier. Startup Life is a well-rounded guide that has the insights and advice you need to succeed in both your personal and business life.The Sovereign Individual
James Dale Davidson
The authors identify both the likely disasters and the potential for prosperity inherent in the advent of the information age.https://t.co/gxxu0VgTUg
Principles
Ray Dalio
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.read "Principles" by @RayDalio -- very good information but wish it was 10x more concise. better to listen to some of Dalio's recent podcasts to get all the information more effectively.
Recruit Rockstars
Jeff Hyman
Ninety percent of business problems are actually recruiting problems in disguise. If you're filling your company's vacant positions with B-Players, you're playing with fire. Instead, hire Rockstars to build an organization with limitless potential. Recruit Rockstars shows you how to find, hire, and keep the best of the best. Top-tier executive recruiter Jeff Hyman has hired more than three thousand people over the course of his career. Now, he reveals his bulletproof 10-step method for landing the very best talent, based on data instead of gut feel. From sourcing and interviewing to closing and onboarding, you'll learn how to attract winners like a magnet and avoid the mistakes that result in bad hires. Assembling a team of driven and innovative Rockstars is the most powerful competitive advantage you can have in today's ever-changing business world. Recruit Rockstars will help you nail your numbers, impress your investors, and crush your competitors.Tribe of Mentors
HOUGHTON MIFFLIN HARCOURT.
Life-changing wisdom from 130 of the world's highest achievers in short, action-packed pieces, featuring inspiring quotes, life lessons, career guidance, personal anecdotes, and other adviceThe part on Graham Duncan in Tribe of Mentors is worth the price of the book alone. Phenomenal. https://t.co/HoEzAAm8su (I'd love to have him on the podcast one day).
Tribe of Mentors
Tim Ferriss
Life-changing wisdom from 130 of the world's highest achievers in short, action-packed pieces, featuring inspiring quotes, life lessons, career guidance, personal anecdotes, and other adviceMy friend @tferriss has a new book, and @RedHourBen and I are both in it! (Along with some very impressive people who look nothing like us.) https://t.co/JZGOri5qvH
- **Winner of the 2013 Financial Times and Goldman Sachs Business Book of the Year Award** Amazon placed one of the first and largest bets on the Internet. Nothing would ever be the same again. Though Amazon.com started off delivering books through the mail, its visionary founder, Jeff Bezos, was never content with being just a bookseller. He wanted Amazon to become ‘the everything store’, offering limitless selection and seductive convenience at disruptively low prices. To achieve that end, he developed a corporate culture of relentless ambition and secrecy that's never been cracked. Until now... Jeff Bezos stands out for his relentless pursuit of new markets, leading Amazon into risky new ventures like the Kindle and cloud computing, and transforming retail in the same way that Henry Ford revolutionized manufacturing.
@TheMudaliar My all time favorite on product strategy is The Everything Store by @BradStone, all about @JeffBezos and the various strategies he employed to ensure Amazon dominated it's markets https://t.co/N4QCB4NKk2
The Longevity Economy
Joseph F. Coughlin
As the director of the MIT AgeLab, Joseph Coughlin has studied trends in demographics and technology and spearheaded research and innovation to improve the quality of life for older people and those who care for them. Now, in The Longevity Economy, he uses this expertise to break new ground in understanding this market, which composes an ever-increasing share of the total population. While companies see the size and wealth of this market, they all too often use outdated narratives to figure out what this demographic really wants. Coughlin debunks conventional wisdom and provides the framing needed to be in sync with this influential and lucrative market. He uses fascinating examples from a wide variety of sectors, from financial services to housing, health care, consumer products, and personal relationships. He showcases the work of companies like PillPack, an online pharmacy that delivers presorted medicine to your home; OXO, which makes ergonomic utensils; and edX, an online learning platform that makes it easy for older people to learn from home. Coughlin's insights will help businesses connect with older consumers, who continue to defy expectations, contribute to economic growth, and build a better, enduring vision of old age.Check out @MIT AgeLab's @josephcoughlin new book The Longevity Economy, and learn why innovation is failing the aged https://t.co/dIlRBu1puy
The Origin of Wealth
Eric D. Beinhocker
What is wealth?How is it created? And how can we create more of it for the benefit of individuals, businesses, and societies?In The Origin of Wealth,Eric Beinhocker provides provocative new answers to these fundamental questions. Beinhocker surveys the cutting-edge ideas of economists and scientists and brings their work alive for a broad audience. These researchers, he explains, are revolutionizing economics by showing how the economy is an evolutionary system, much like a biological system. It is economic evolution that creates wealth and has taken us from the Stone Age to the $36.5 trillion global economy of today. By better understanding economic evolution, Beinhocker writes, we can better understand how to create more wealth. The author shows how “complexity economics” is turning conventional wisdom on its head in areas ranging from business strategy and organizational design to investment strategy and public policy. As sweeping in scope as its title,The Origin of Wealthwill rewire our thinking about the workings of the global economy and where it is going.@JakeCahan @zackkanter I read about half of these. Good choices, thx for sharing. My favorite book is The Origin of Wealth by Eric Beinhocker. Not on audible tho:(
The Great Wave
David Hackett Fischer
Who is seriously concerned about the state of the world today.@noahmp The Great Wave: Price Revolutions and the Rhythm of History
The Art of Profitability
Adrian J. Slywotzky
Describes the various patterns of business operation that lead to profitability through a series of conversations in which an expert on profits teaches a student.@thanhtpham If you haven't read The Art of Profitability yet, I think you would like it. My notes: https://t.co/YG0V1b04p5
Wild Ride
Adam Lashinsky
"Fortune writer and bestselling author of Inside Apple's expose of Uber, the multi-billion dollar Silicon Valley upstart that has disrupted the transportation industry around the world. Uber is one of the most fascinating and controversial businesses in the world, both beloved for its elegant ride-hailing concept and heady growth and condemned for CEO Travis Kalanick's ruthless pursuit of success at all cost. Despite the company's significance to the on-demand economy and the mobile revolution, and the battle for global dominance that Kalanick is waging against politicians and taxi companies all over the world, the full story behind Uber has never been told. It's a story that start-up founders, executives of traditional businesses, tech-savvy readers, and drivers and riders alike will find riveting. Adam Lashinsky, veteran Fortune writer and author of Inside Apple, traces the story of Uber's rapid growth from its murky origins to its plans for expansion into radically different industries. The company is fighting local competitors and lawmakers for markets around the world; it has already faced riots and protests in cities like Paris, Rio de Janeiro, and Mumbai. It fought, and lost, an expensive and grueling battle against rival Didi in China. Uber has also poached entire departments from top research universities in a push to build the first self-driving car and possibly replace the very drivers it's worked so hard to recruit. Uber is in the headlines every day, but so much about its past and its future plans are still unknown to the public. Lashinsky will offer a look inside Uber's vault in this informative, deeply researched book about the ur-disruptor and its visionary and fierce CEO"--I finished reading Wild Ride this weekend. Amazing to think the book finishes just before Travis resigns from Uber. https://t.co/aVEPSvUJAk
An Astronaut's Guide to Life on Earth
Chris Hadfield
Colonel Chris Hadfield has spent decades training as an astronaut and has logged nearly 4000 hours in space. During this time he has broken into a Space Station with a Swiss army knife, disposed of a live snake while piloting a plane, and been temporarily blinded while clinging to the exterior of an orbiting spacecraft. The secret to Col. Hadfield's success-and survival-is an unconventional philosophy he learned at NASA: prepare for the worst-and enjoy every moment of it. In An Astronaut's Guide to Life on Earth, Col. Hadfield takes readers deep into his years of training and space exploration to show how to make the impossible possible. Through eye-opening, entertaining stories filled with the adrenaline of launch, the mesmerizing wonder of spacewalks, and the measured, calm responses mandated by crises, he explains how conventional wisdom can get in the way of achievement-and happiness. His own extraordinary education in space has taught him some counterintuitive lessons: don't visualize success, do care what others think, and always sweat the small stuff. You might never be able to build a robot, pilot a spacecraft, make a music video or perform basic surgery in zero gravity like Col. Hadfield. But his vivid and refreshing insights will teach you how to think like an astronaut, and will change, completely, the way you view life on Earth-especially your own.@ericgallipo https://t.co/LxelRuNhrx
A Uterus Is a Feature, Not a Bug
Sarah Lacy
Entering Startupland
Jeffrey Bussgang
Many professionals aspire to work for a start-up. Executives from large companies view them as models to help them adapt to today's dynamic innovation economy. Yes, start-ups look magical, but they can also be chaotic and inaccessible. Many books are written for those who aspire to be founders, but a company only has one or two of those. What's needed are hundreds of employees to do the day-to-day work required to operate a fledgling company and grow it into something of value. This practical, step-by-step guide provides an insider's analysis of various start-up roles and responsibilities, including product development, marketing, growth strategy, and sales, to help you figure out if you want to join a start-up and what to expect if you do. You'll gain insight into how successful start-ups operate and learn to assess which of them you might want to join--or emulate. Inside this book you'll find: A tour of typical start-up roles to help you determine which one might be the best fit for you Profiles of start-up executives in many different functions who share their stories and describe their responsibilities A practical approach to your job search that will help you position yourself to find the start-up opportunity that's right for you Written by an experienced venture capitalist, entrepreneur, and Harvard Business School professor, Entering StartUpLand will guide you as you seek your ideal entry point into this popular, cutting-edge organizational paradigm.The Inevitable
Kevin Kelly
A New York Times Bestseller From one of our leading technology thinkers and writers, a guide through the twelve technological imperatives that will shape the next thirty years and transform our lives Much of what will happen in the next thirty years is inevitable, driven by technological trends that are already in motion. In this fascinating, provocative new book, Kevin Kelly provides an optimistic road map for the future, showing how the coming changes in our lives—from virtual reality in the home to an on-demand economy to artificial intelligence embedded in everything we manufacture—can be understood as the result of a few long-term, accelerating forces. Kelly both describes these deep trends—interacting, cognifying, flowing, screening, accessing, sharing, filtering, remixing, tracking, and questioning—and demonstrates how they overlap and are codependent on one another. These larger forces will completely revolutionize the way we buy, work, learn, and communicate with each other. By understanding and embracing them, says Kelly, it will be easier for us to remain on top of the coming wave of changes and to arrange our day-to-day relationships with technology in ways that bring forth maximum benefits. Kelly’s bright, hopeful book will be indispensable to anyone who seeks guidance on where their business, industry, or life is heading—what to invent, where to work, in what to invest, how to better reach customers, and what to begin to put into place—as this new world emerges. From the Hardcover edition.A masterful summary of my book The Inevitable in one longish page: https://t.co/aXCkdpshJs
The Economy of Cities
Jane Jacobs
In this book, Jane Jacobs, building on the work of her debut, The Death and Life of Great American Cities, investigates the delicate way cities balance the interplay between the domestic production of goods and the ever-changing tide of imports. Using case studies of developing cities in the ancient, pre-agricultural world, and contemporary cities on the decline, like the financially irresponsible New York City of the mid-sixties, Jacobs identifies the main drivers of urban prosperity and growth, often via counterintuitive and revelatory lessons.@abarrabarr E.g. https://t.co/eMOpbLE59S or https://t.co/xFmhhysyLt
The Complacent Class
Tyler Cowen
"Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs. The problem, according to ... Tyler Cowen, is that Americans today have broken from this tradition--we're working harder than ever to avoid change ... Cowen [believes that] there are significant collateral downsides attending this comfort, among them heightened inequality and segregation and decreased incentives to innovate and create"--Amazon.com.Reading @TylerCowen The Complacent Class on our increasing econ segregation & stasis. We do need a radical rethink. https://t.co/QrFNeecBYQ
Radical Candor
Kim Scott
The Essential whole earth catalog
Stewart Brand
Lists useful books, magazines, and products related to science, land use, architecture, health care, economics, travel, crafts, parenting, communication, and educationTwo nice recent books on early history of important magazines— Scifi: https://t.co/0vtXPLNzu7 Whole Earth Catalog: https://t.co/wA5qtCIyCQ
Thinking, Fast and Slow
Daniel Kahneman
Decisions: You make hundreds every day, but do you really know how they are made? When can you trust fast, intuitive judgment, and when is it biased? How can you transform your thinking to help avoid overconfidence and become a better decision maker? Thinking, Fast and Slow ...in 30 Minutes is the essential guide to quickly understanding the fundamental components of decision making outlined in Daniel Kahneman's bestselling book, Thinking, Fast and Slow. Understand the key ideas behind Thinking, Fast and Slow in a fraction of the time: Concise chapter-by-chapter synopses Essential insights and takeaways highlighted Illustrative case studies demonstrate Kahneman's groundbreaking research in behavioral economics In Thinking, Fast and Slow, Daniel Kahneman, best-selling author and recipient of the Nobel Prize in Economics, has compiled his many years of groundbreaking research to offer practical knowledge and insights into how people's minds make decisions. Challenging the standard model of judgment, Kahneman aims to enhance the everyday language about thinking to more accurately discuss, diagnose, and reduce poor judgment. Thought, Kahneman explains, has two distinct systems: the fast and intuitive System 1, and the slow and effortful System 2. Intuitive decision making is often effective, but in Thinking, Fast and Slow Kahneman highlights situations in which it is unreliable-when decisions require predicting the future and assessing risks. Presenting a framework for how these two systems impact the mind, Thinking, Fast and Slow reveals the far-reaching impact of cognitive biases-from creating public policy to playing the stock market to increasing personal happiness-and provides tools for applying behavioral economics toward better decision making. A 30 Minute Expert Summary of Thinking, Fast and Slow Designed for those whose desire to learn exceeds the time they have available, the Thinking, Fast and Slow expert summary helps readers quickly and easily become experts ...in 30 minutes.The book "Thinking, Fast and Slow" is amazing, but this one sentence from its introduction sums it up: https://t.co/A4B4Yqpb5q https://t.co/y7f7BAn8Lh
Concrete Economics
Stephen S. Cohen
Brilliantly written and argued, Concrete Economics shows exactly how the US government has shaped and directed the economy since the very inception of the country. This book does not rehash the sturdy and well-known arguments that to thrive, an entrepreneurial economy needs a social and policy environment characterized by a broad range of freedoms. Nor does it buy into the myth of the absolutely free market. Instead, Cohen and DeLong focus on the forgotten role played by the US government in initiating and enabling a redesign of the US economy. The government not only sets the ground rules for entrepreneurial activity but directs the surges of energy that mark a vibrant economy. It is as true for present-day Silicon Valley as it was for New England manufacturing at the dawn of the nineteenth century. This is not an argument based on abstract truths, complex correlations, or arcane discoveries, but rather on the facts of how the US economy succeeded so brilliantly. And that provides a blueprint for how the government, established companies, and new ventures can partner to yet again successfully reshape the economy.Also: https://t.co/SCQ2LjpixV https://t.co/IR4CQd1PyZ https://t.co/8EOZqR9Cii
Fooling Some of the People All of the Time, A Long Short (and Now Complete) Story, Updated with New Epilogue
David Einhorn
A revealing look at Wall Street, the financial media, and financial regulators by David Einhorn, the President of Greenlight Capital Could 2008's credit crisis have been minimized or even avoided? In 2002, David Einhorn-one of the country's top investors-was asked at a charity investment conference to share his best investment advice. Short sell Allied Capital. At the time, Allied was a leader in the private financing industry. Einhorn claimed Allied was using questionable accounting practices to prop itself up. Sound familiar? At the time of the original version of Fooling Some of the People All of the Time: A Long Short Story the outcome of his advice was unknown. Now, the story is complete and we know Einhorn was right. In 2008, Einhorn advised the same conference to short sell Lehman Brothers. And had the market been more open to his warnings, yes, the market meltdown might have been avoided, or at least minimized. Details the gripping battle between Allied Capital and Einhorn's Greenlight Capital Illuminates how questionable company practices are maintained and, at times, even protected by Wall Street Describes the failings of investment banks, analysts, journalists, and government regulators Describes how many parts of the Allied Capital story were replayed in the debate over Lehman Brothers Fooling Some of the People All of the Time is an important call for effective government regulation, free speech, and fair play.Also: https://t.co/SCQ2LjpixV https://t.co/IR4CQd1PyZ https://t.co/8EOZqR9Cii
Eccentric Orbits
John Bloom
This book recounts the story of how Dan Colussy, the former head of Pan-Am, saved the satellite system, Iridium, from failure.Favorites from break: https://t.co/HMFp66GqSh https://t.co/ZWpuimtLpO https://t.co/LXXyFHUhJL Some articles: https://t.co/ARiywgmJTh
Thank You for Being Late
Thomas L. Friedman
A New York Times Bestseller, One of The Wall Street Journal’s “10 Books to Read Now,” and One of Kirkus Reviews’s Best Nonfiction Books of Year We all sense it—something big is going on. You feel it in your workplace. You feel it when you talk to your kids. You can’t miss it when you read the newspapers or watch the news. Our lives are being transformed in so many realms all at once—and it is dizzying. In Thank You for Being Late, version 2.0, with a new afterword, Thomas L. Friedman exposes the tectonic movements that are reshaping the world today and explains how to get the most out of them and cushion their worst impacts. His thesis: to understand the twenty-first century, you need to understand that the planet’s three largest forces—Moore’s law (technology), the Market (globalization), and Mother Nature (climate change and biodiversity loss)—are accelerating all at once. These accelerations are transforming five key realms: the workplace, politics, geopolitics, ethics, and community. The year 2007 was the major inflection point: the release of the iPhone, together with advances in silicon chips, software, storage, sensors, and networking, created a new technology platform that is reshaping everything from how we hail a taxi to the fate of nations to our most intimate relationships. It is providing vast new opportunities for individuals and small groups to save the world—or to destroy it. With his trademark vitality, wit, and optimism, Friedman shows that we can overcome the multiple stresses of an age of accelerations—if we slow down, if we dare to be late and use the time to reimagine work, politics, and community. Thank You for Being Late is an essential guide to the present and the future.Terrific, and hilarious, review of Tom Friedman's new book "Thank You for Being Late." @mtaibbi https://t.co/Ju0u7OJFBH
The Idea Factory
Jon Gertner
"What must we do to make 'possibly' into 'probably' in two years?" (from https://t.co/vhIZlJdXoF) https://t.co/O1suaniFSV
- Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors. This book--winner of a 2014 Axiom Business Book award gold medal--begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it--primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources. Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.
This, from the book What I Learned Losing A Million Dollars, explains so much of successful investing: https://t.co/f9QtLGSilp
The Wealth of Humans
Ryan Avent
An investigation of how the digital revolution is fundamentally changing our concept of work, and what it means for our future economy.Welcome to a World Without Work Also check out @ryanavent 's new book "The Wealth of Humans" -- I just started it https://t.co/Hizg1OlEt4
The Rise and Fall of American Growth
Robert J. Gordon
In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Robert Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.Even more amazing is that this took place in the middle of a terrible recession. (From the book Rise and Fall of American Growth) https://t.co/cEGu0dDnPe
Obstacle Is The Way
Ryan Holiday
A modern guru who shows the way to turn problems into opportunities - in business and marketing, Ryan Holiday has done it all, seen it all, and now he's here to show you the way.I really enjoyed the books by @tferriss @RyanHoliday #The4HourWorkWeek #TheObstacleIsTheWay #BoshBookClub
The Inevitable
Kevin Kelly
Becoming -- Cognifying -- Flowing -- Screening -- Accessing -- Sharing -- Filtering -- Remixing -- Interacting -- Tracking -- Questioning -- Beginning@danmachen Pub date June 7 https://t.co/XuSthFODhv
Only the Paranoid Survive
Andrew S. Grove
Andy Grove is indeed a legendary leader! My favorite book is "Only the Paranoid Survive". https://t.co/tB02L3xlG4
WTF?
Tim O'Reilly
WTF? can be an expression of amazement or an expression of dismay. In today’s economy, we have far too much dismay along with our amazement, and technology bears some of the blame. In this combination of memoir, business strategy guide, and call to action, Tim O'Reilly, Silicon Valley’s leading intellectual and the founder of O’Reilly Media, explores the upside and the potential downsides of today's WTF? technologies. What is the future when an increasing number of jobs can be performed by intelligent machines instead of people, or done only by people in partnership with those machines? What happens to our consumer based societies—to workers and to the companies that depend on their purchasing power? Is income inequality and unemployment an inevitable consequence of technological advancement, or are there paths to a better future? What will happen to business when technology-enabled networks and marketplaces are better at deploying talent than traditional companies? How should companies organize themselves to take advantage of these new tools? What’s the future of education when on-demand learning outperforms traditional institutions? How can individuals continue to adapt and retrain? Will the fundamental social safety nets of the developed world survive the transition, and if not, what will replace them? O'Reilly is "the man who can really can make a whole industry happen," according to Eric Schmidt, Executive Chairman of Alphabet (Google.) His genius over the past four decades has been to identify and to help shape our response to emerging technologies with world shaking potential—the World Wide Web, Open Source Software, Web 2.0, Open Government data, the Maker Movement, Big Data, and now AI. O’Reilly shares the techniques he's used at O’Reilly Media to make sense of and predict past innovation waves and applies those same techniques to provide a framework for thinking about how today’s world-spanning platforms and networks, on-demand services, and artificial intelligence are changing the nature of business, education, government, financial markets, and the economy as a whole. He provides tools for understanding how all the parts of modern digital businesses work together to create marketplace advantage and customer value, and why ultimately, they cannot succeed unless their ecosystem succeeds along with them. The core of the book's call to action is an exhortation to businesses to DO MORE with technology rather than just using it to cut costs and enrich their shareholders. Robots are going to take our jobs, they say. O'Reilly replies, “Only if that’s what we ask them to do! Technology is the solution to human problems, and we won’t run out of work till we run out of problems." Entrepreneurs need to set their sights on how they can use big data, sensors, and AI to create amazing human experiences and the economy of the future, making us all richer in the same way the tools of the first industrial revolution did. Yes, technology can eliminate labor and make things cheaper, but at its best, we use it to do things that were previously unimaginable! What is our poverty of imagination? What are the entrepreneurial leaps that will allow us to use the technology of today to build a better future, not just a more efficient one? Whether technology brings the WTF? of wonder or the WTF? of dismay isn't inevitable. It's up to us!Reading this hilarious tweet storm live from O'Reilly's WTF Future of Work conference was better than attending it. https://t.co/PpPTwheojy
- The New York Times Science Bestseller from Robert Wachter, Modern Healthcare’s #1 Most Influential Physician-Executive in the US While modern medicine produces miracles, it also delivers care that is too often unsafe, unreliable, unsatisfying, and impossibly expensive. For the past few decades, technology has been touted as the cure for all of healthcare’s ills. But medicine stubbornly resisted computerization – until now. Over the past five years, thanks largely to billions of dollars in federal incentives, healthcare has finally gone digital. Yet once clinicians started using computers to actually deliver care, it dawned on them that something was deeply wrong. Why were doctors no longer making eye contact with their patients? How could one of America’s leading hospitals give a teenager a 39-fold overdose of a common antibiotic, despite a state-of-the-art computerized prescribing system? How could a recruiting ad for physicians tout the absence of an electronic medical record as a major selling point? Logically enough, we’ve pinned the problems on clunky software, flawed implementations, absurd regulations, and bad karma. It was all of those things, but it was also something far more complicated. And far more interesting . . . Written with a rare combination of compelling stories and hard-hitting analysis by one of the nation’s most thoughtful physicians, The Digital Doctor examines healthcare at the dawn of its computer age. It tackles the hard questions, from how technology is changing care at the bedside to whether government intervention has been useful or destructive. And it does so with clarity, insight, humor, and compassion. Ultimately, it is a hopeful story. "We need to recognize that computers in healthcare don’t simply replace my doctor’s scrawl with Helvetica 12," writes the author Dr. Robert Wachter. "Instead, they transform the work, the people who do it, and their relationships with each other and with patients. . . . Sure, we should have thought of this sooner. But it’s not too late to get it right." This riveting book offers the prescription for getting it right, making it essential reading for everyone – patient and provider alike – who cares about our healthcare system.
Fabulous @nytimes review of @Bob_Wachter's probing book on the computerization of medicine, The Digital Doctor. http://t.co/q9NtgUwBP5
Factfulness
Hans Rosling
*the #1 Sunday Times bestseller * instant New York Times bestseller * an Observer 'best brainy book of the decade' * #1 Wall Street Journal bestseller * Irish Times bestseller * Audio bestseller * Guardian bestseller * * Endorsed by Barack Obama, Bill and Melinda Gates and Tom Harford, and Longlisted for the 2018 Financial Times/McKinsey Business Book of the Year* The international bestseller by legendary statisticians Hans, Ola and Anna Rosling: inspiring and revelatory, filled with lively anecdotes and moving stories, Factfulness is an urgent and essential book that will change the way you see the world, and make you realise things are better than you thought.New @Medium article -- "The Most Influential Things I Read This Year" https://t.co/bkqLDcC1xh"
Make Your Mark
Jocelyn K. Glei
Offers insights and advice from twenty-one entrepreneurs and experts on building a creative business."Make Your Mark" from @99u dropped last week! Thrilled to contribute alongside @timoreilly @johnmaeda @SebastianThrun http://t.co/RLZ5iBGWZb
Make Your Mark
Jocelyn K. Glei
Offers insights and advice from twenty-one entrepreneurs and experts on building a creative business.Newest @99u book “Make your Mark” comes out in a week, with an article by me on Invisible Design. Excerpt here: http://t.co/LFnabvI77X.
Give and Take
Adam M. Grant
Explains how networking and leadership skills are subject to the professional interaction styles of takers, matchers, and givers, and how these personalities dramatically shape success rates.Gotta say, I'm pretty flattered every time asks me if I've read @AdamMGrant book Give and Take. Good guy. Good book. http://t.co/82Tzhsk6TN
The Zen of Steve Jobs
Caleb Melby
Presents a graphic interpretation of Steve Jobs's spiritual connections to Buddhism through his mentor and friend Kobun Otogawa, and describes how his search for perfection helped bring about the iPod and the resurgence of Apple.The Box
Marc Levinson
In April 1956, a refitted oil tanker carried fifty-eight shipping containers from Newark to Houston. From that modest beginning, container shipping developed into a huge industry that made the boom in global trade possible. The Box tells the dramatic story of the container's creation, the decade of struggle before it was widely adopted, and the sweeping economic consequences of the sharp fall in transportation costs that containerization brought about. But the container didn't just happen. Its adoption required huge sums of money, both from private investors and from ports that aspired to be on the leading edge of a new technology. It required years of high-stakes bargaining with two of the titans of organized labor, Harry Bridges and Teddy Gleason, as well as delicate negotiations on standards that made it possible for almost any container to travel on any truck or train or ship. Ultimately, it took McLean's success in supplying U.S. forces in Vietnam to persuade the world of the container's potential. Drawing on previously neglected sources, economist Marc Levinson shows how the container transformed economic geography, devastating traditional ports such as New York and London and fueling the growth of previously obscure ones, such as Oakland. By making shipping so cheap that industry could locate factories far from its customers, the container paved the way for Asia to become the world's workshop and brought consumers a previously unimaginable variety of low-cost products from around the globe. Published in hardcover on the fiftieth anniversary of the first container voyage, this is the first comprehensive history of the shipping container. Now with a new chapter, The Box tells the dramatic story of how the drive and imagination of an iconoclastic entrepreneur turned containerization from an impractical idea into a phenomenon that transformed economic geography, slashed transportation costs, and made the boom in global trade possible.One book I recently reviewed, “The Box,” inspired a @BBC project that tracked a shipping container all over the world http://t.co/3zMGV3pJ5J
Priceless
William Poundstone
Prada stores carry a few obscenely expensive items in order to boost sales for everything else (which look like bargains in comparison). People used to download music for free, then Steve Jobs convinced them to pay. How? By charging 99 cents. That price has a hypnotic effect: the profit margin of the 99 Cents Only store is twice that of Wal-Mart. Why do text messages cost money, while e-mails are free? Why do jars of peanut butter keep getting smaller in order to keep the price the "same"? The answer is simple: prices are a collective hallucination. In Priceless, the bestselling author William Poundstone reveals the hidden psychology of value. In psychological experiments, people are unable to estimate "fair" prices accurately and are strongly influenced by the unconscious, irrational, and politically incorrect. It hasn't taken long for marketers to apply these findings. "Price consultants" advise retailers on how to convince consumers to pay more for less, and negotiation coaches offer similar advice for businesspeople cutting deals. The new psychology of price dictates the design of price tags, menus, rebates, "sale" ads, cell phone plans, supermarket aisles, real estate offers, wage packages, tort demands, and corporate buyouts. Prices are the most pervasive hidden persuaders of all. Rooted in the emerging field of behavioral decision theory, Priceless should prove indispensable to anyone who negotiates.Reading W. Poundstone's book, Priceless. Outstanding! Psychology of decision & value. If design is choice, then this is really relevant.
Never Eat Alone
Keith Ferrazzi
An updated and expanded edition of the runaway bestseller Never Eat Alone by Keith Ferrazzi Proven advice on networking for success: over 400,000 copies sold. As Keith Ferrazzi discovered early in life, what distinguishes highly successful people from everyone else is the way they use the power of relationships - so that everyone wins. His form of connecting to the world around him is based on generosity and he distinguishes genuine relationship-building from the crude, desperate glad-handling usually associated with 'networking'. In Never Eat Alone, Ferrazzi lays out the specific steps - and inner mindset - he uses to reach out to connect with the thousands of colleagues, friends, and associates on his Rolodex, people he has helped and who have helped him. He then distills his system of reaching out to people into practical, proven principles. Keith Ferrazzi is founder and CEO of Ferrazzi Greenlight, a marketing and sales consulting company. He is the author of the #1 New York Times bestseller Who's Got Your Back and has been a contributor to Inc., the Wall Street Journal, and Harvard Business Review. Previously, he was CMO of Deloitte Consulting and at Starwood Hotels & Resorts, and CEO of YaYa media. He lives in Los Angeles and New York.I'm Working While They're Sleeping
Erran Carmel
American University researchers Carmel and Espinosa distill more than a decade of research to address time-zone challenges in practical terms. The authors offer case studies, stories from global corporations, and recommendations that can immediately be put to use.Why Nations Fail
Daron Acemoglu
An award-winning professor of economics at MIT and a Harvard University political scientist and economist evaluate the reasons that some nations are poor while others succeed, outlining provocative perspectives that support theories about the importance of institutions. Reprint.“Why Nations Fail” tries to explain why some nations succeed & others don’t. I'm not sure the book succeeds. Why? http://t.co/uZBxVs9waw
The Most Powerful Idea in the World
William Rosen
"The Most Powerful Idea in the World argues that the very notion of intellectual property drove not only the invention of the steam engine but also the entire Industrial Revolution." -- Back cover.Today it's hard to imagine the steam engine was once “The Most Powerful Idea in the World”. Book review http://t.co/78u1DpSl #BillsLetter
Let My People Go Surfing
Yvon Chouinard
As a child, Yvon Chouinard moved to Southern California with little English and less money. Today his company, Patagonia, earns more than $600 million a year and is a beacon and benchmark for sustainable capitalism. This is the amazing story of a young man who found escape by scaling the world's highest peaks, of an innovator who used his father's blacksmith tools to fashion equipment that changed climbing forever, and of the entrepreneur who brought doing good and having a blast into the heart of a business.@markvoer @arturot Try Yvon Chouinard's, "Let My People Go Surfing" or Marta Braun's, "Picturing Time." Non-obvious design books I loved.
Inside Apple
Adam Lashinsky
Inside Apple reveals the secret systems, tactics and leadership strategies that allowed Steve Jobs and his company to churn out hit after hit and inspire a cult-like following for its products. If Apple is Silicon Valley's answer to Willy Wonka's Chocolate Factory, then author Adam Lashinsky provides readers with a golden ticket to step inside. In this primer on leadership and innovation, the author will introduce readers to concepts like the "DRI" (Apple's practice of assigning a Directly Responsible Individual to every task) and the Top 100 (an annual ritual in which 100 up-and-coming executives are tapped a la Skull & Bones for a secret retreat with company founder Steve Jobs). Based on numerous interviews, the book offers exclusive new information about how Apple innovates, deals with its suppliers and is handling the transition into the Post Jobs Era. Lashinsky, a Senior Editor at Large for Fortune, knows the subject cold: In a 2008 cover story for the magazine entitled The Genius Behind Steve: Could Operations Whiz Tim Cook Run The Company Someday he predicted that Tim Cook, then an unknown, would eventually succeed Steve Jobs as CEO. While Inside Apple is ostensibly a deep dive into one, unique company (and its ecosystem of suppliers, investors, employees and competitors), the lessons about Jobs, leadership, product design and marketing are universal. They should appeal to anyone hoping to bring some of that Apple magic to their own company, career, or creative endeavor.Props to @AdamLashinsky for discussing his new book Inside Apple at @BrightRoll HQ. Go buy the book! It is awesome. http://t.co/5NQxKQ5n
Making Ideas Happen
Scott Belsky
Counsels professionals on how to develop creative ideas into productive and profitable ventures, explaining a range of effective and occasionally counterintuitive practices based on moderation, prioritizing and encouraging conflicts.@think5577 Read "Making Ideas Happen", @ScottBelsky, for sure.
Working Together
Michael D. Eisner
In Working Together, a fascinating and invaluable look at why great partnerships succeed, former Disney CEO Michael Eisner discusses how professional partnerships have contributed to his success. In addition, Eisner tells the stories of nine other highly successful business collaborations, including Warren Buffett and Charlie Munger, Valentino and Giancarlo Giammetti, Bill and Melinda Gates, Joe Torre and Don Zimmer, and Brian Grazer and Ron Howard.New book frm Michael Eisner on partnerships "Working Together" - http://amzn.to/9MzREZ - Melinda & I, Warren and other partnerships profiles
Making Ideas Happen
Scott Belsky
Counsels professionals on how to develop creative ideas into productive and profitable ventures, explaining a range of effective and occasionally counterintuitive practices based on moderation, prioritizing and encouraging conflicts.Read Making Ideas Happen by @scottbelsky. It's for people with big ideas who need structure to bring them to life. http://tinyurl.com/zcy03x