19 Best Books on Finance
A Piece of the Action
Joe Nocera
@pm Relevant reading: https://t.co/S1IDQDviAu
A Wealth of Common Sense
Ben Carlson
"The financial market is a complex system, but that doesn't mean it requires a complex strategy; in fact, this false premise is the driving force behind many investors' market 'mistakes.' Information is important, but understanding and perspective are the keys to better decision-making. This book describes [a] way to view the markets and your portfolio, and [outlines] strategies that [may] make investing more profitable, less confusing, and less time-consuming"--Amazon.com.Enjoyed this good read on personal finance and the importance of disciplined investor behavior. https://t.co/6a6VvAQdu8
Fooled By Randomness
Nassim Taleb
Contends that randomness and probability have a large impact on life, claims that people regularly fail to recognize that role, and tells how to differentiate between randomness in general and the financial markets in particular.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
The Alchemy of Finance
George Soros
New chapter by Soros on the secrets to his success along with a new Preface and Introduction. New Foreword by renowned economist Paul Volcker "An extraordinary . . . inside look into the decision-making process of the most successful money manager of our time. Fantastic." —The Wall Street Journal George Soros is unquestionably one of the most powerful and profitable investors in the world today. Dubbed by BusinessWeek as "the Man who Moves Markets," Soros made a fortune competing with the British pound and remains active today in the global financial community. Now, in this special edition of the classic investment book, The Alchemy of Finance, Soros presents a theoretical and practical account of current financial trends and a new paradigm by which to understand the financial market today. This edition's expanded and revised Introduction details Soros's innovative investment practices along with his views of the world and world order. He also describes a new paradigm for the "theory of reflexivity" which underlies his unique investment strategies. Filled with expert advice and valuable business lessons, The Alchemy of Finance reveals the timeless principles of an investing legend. This special edition will feature a new chapter by Soros on the secrets of his success and a new Foreword by the Honorable Paul Volcker, former Chairman of the Federal Reserve. George Soros (New York, NY) is President of Soros Fund Management and Chief Investment Advisor to Quantum Fund N.V., a $12 billion international investment fund. Besides his numerous ventures in finance, Soros is also extremely active in the worlds of education, culture, and economic aid and development through his Open Society Fund and the Soros Foundation.@BTC_is_scarcity @HaggsBoson @hodl_american Read the book The Alchemy of Finance. The whole book is about that idea.
The Tycoons
Charles R. Morris
"Makes a reader feel like a time traveler plopped down among men who were by turns vicious and visionary."--The Christian Science Monitor The modern American economy was the creation of four men: Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan. They were the giants of the Gilded Age, a moment of riotous growth that established America as the richest, most inventive, and most productive country on the planet. Acclaimed author Charles R. Morris vividly brings the men and their times to life. The ruthlessly competitive Carnegie, the imperial Rockefeller, and the provocateur Gould were obsessed with progress, experiment, and speed. They were balanced by Morgan, the gentleman businessman, who fought, instead, for a global trust in American business. Through their antagonism and their verve, they built an industrial behemoth--and a country of middle-class consumers. The Tycoons tells the incredible story of how these four determined men wrenched the economy into the modern age, inventing a nation of full economic participation that could not have been imagined only a few decades earlier.@jrichlive I’m currently reading The Tycoons (on Andrew Carnegie, John D. Rockefeller, Jay Gould, and JP Morgan). I highly recommend if you like both finance/business and history. As a bonus, I really loved “Men Who Built America” on the History Channel. https://t.co/pYWN5EC8Dp
A Piece of the Action
Joe Nocera
My book rec this week: A Piece of the Action by Joe Nocera on how the middle class turned into the consumer class https://t.co/v17RPwKGbQ Michael's rec: The Great Inflation by Robert Samuelson on why the 1970s was such a difficult economic environment https://t.co/fgaqc4WXHp
A Piece of the Action
Joe Nocera
book recs from this week's show: A Piece of the Action by Joe Nocera https://t.co/sBg3uCHJvq and one of my all-time favorite wise-guy private eye book series: Spenser by Robert Parker (Mark Wahlberg didn't do it justice on Netflix)
The Alchemy of Finance
George Soros
New chapter by Soros on the secrets to his success along with a new Preface and Introduction. New Foreword by renowned economist Paul Volcker "An extraordinary . . . inside look into the decision-making process of the most successful money manager of our time. Fantastic." —The Wall Street Journal George Soros is unquestionably one of the most powerful and profitable investors in the world today. Dubbed by BusinessWeek as "the Man who Moves Markets," Soros made a fortune competing with the British pound and remains active today in the global financial community. Now, in this special edition of the classic investment book, The Alchemy of Finance, Soros presents a theoretical and practical account of current financial trends and a new paradigm by which to understand the financial market today. This edition's expanded and revised Introduction details Soros's innovative investment practices along with his views of the world and world order. He also describes a new paradigm for the "theory of reflexivity" which underlies his unique investment strategies. Filled with expert advice and valuable business lessons, The Alchemy of Finance reveals the timeless principles of an investing legend. This special edition will feature a new chapter by Soros on the secrets of his success and a new Foreword by the Honorable Paul Volcker, former Chairman of the Federal Reserve. George Soros (New York, NY) is President of Soros Fund Management and Chief Investment Advisor to Quantum Fund N.V., a $12 billion international investment fund. Besides his numerous ventures in finance, Soros is also extremely active in the worlds of education, culture, and economic aid and development through his Open Society Fund and the Soros Foundation.It's not easy reading but Soros's writes a lot about this: https://t.co/ilHerle3v9
A Wealth of Common Sense
Ben Carlson
"The financial market is a complex system, but that doesn't mean it requires a complex strategy; in fact, this false premise is the driving force behind many investors' market 'mistakes.' Information is important, but understanding and perspective are the keys to better decision-making. This book describes [a] way to view the markets and your portfolio, and [outlines] strategies that [may] make investing more profitable, less confusing, and less time-consuming"--Amazon.com.@PerfinBusiness Check out my first book. I try to lay it all out for ppl of any finance knowledge https://t.co/c8F2f0O44d
Double Entry
Jane Gleeson-White
Describes the history of accounting and double-entry bookkeeping from Mesopotamia to the Renaissance to modern finance and explains how a system developed that could work across all trades and nations. 13,000 first printing.@rhappe I was just going to add "Double Entry: How the Merchants of Venice Created Modern Finance" to the list. Haven't read it but heard an interview a while back and it sounds really good.
The Mr. X Interviews
Luke Gromen
This is really worth reading. Luke and Jim are two very smart guys in finance. In fact, Luke has a whole book (Mr. X Interviews) which describes what he’s talking about in this short exchange - his book is a must read in my opinion. https://t.co/Cdz3hRS5du
The Simple Path to Wealth
J. Collins
The author shares his personal techniques, insights and experiences regarding saving money and investing, drawn from his blog posts as well as a series of letters to his teenage daughter, both dealing with money management.@APompliano The Simple Path to Wealth for the basics. Fooled by Randomness for humility. Atomic Habits for consistency.
Fooled By Randomness
Nassim Taleb
Contends that randomness and probability have a large impact on life, claims that people regularly fail to recognize that role, and tells how to differentiate between randomness in general and the financial markets in particular.@APompliano The Simple Path to Wealth for the basics. Fooled by Randomness for humility. Atomic Habits for consistency.
Architect of Prosperity
Neil Monnery
This is a book about Sir John Cowperthwaite - the man Nobel Prize-winning economist Milton Friedman identified as being behind Hong Kong's remarkable post-war economic transformation.@_TamaraWinter @balajis Indeed. It’s not a great book, but it’s fascinating. https://t.co/G7dOsyKphF
Architect of Prosperity
Neil Monnery
This is a book about Sir John Cowperthwaite - the man Nobel Prize-winning economist Milton Friedman identified as being behind Hong Kong's remarkable post-war economic transformation.One of my favorite quotes of the last year: the finance secretary of HK in the boom years was opposed to collecting economic statistics because having them might tempt the government to try to manage the economy. https://t.co/rITc2Rgx6l
Fortune's Children
Arthur T. Vanderbilt
Rereading parts of this book on how the Vanderbilt heirs blew the family's fortune, and it has to be one of the best business/finance books I've read. Just an amazing piece of work. https://t.co/G5xcii0NSs
Fooled By Randomness
Nassim Taleb
Contends that randomness and probability have a large impact on life, claims that people regularly fail to recognize that role, and tells how to differentiate between randomness in general and the financial markets in particular.@dwr @libovness Antifragile > the black swan > SITG > fooled by randomness
All Your Worth
Elizabeth Warren
A guide to achieving financial stability and prosperity encourages new ways to think about and manage money, discussing such topics as balancing a budget, planning for entertainment, and getting out of debt.@sama Two books I found particularly good were: - All Your Worth: The Ultimate Lifetime Money Plan - Get a Financial Life: Personal Finance in Your Twenties and Thirties
High Yield, Future Tense
Martin Fridson
High Yield, Future Tense is a gorgeous new book about finance, designed by Pentagram: https://t.co/8AnKsJCC0W https://t.co/FiZJiqBRCP