It’s mainly a post to my presents (not that they are going to read it).
Hey, after all these years that you thought me the love of books. Here is a short list of what I’m reading when I don’t have time (usually around midnight). In this list I’ve included some recent books I’ve read:
- What the Dog Saw: And Other Adventures. After Outliers, Blink and Tipping Point anything that Mr. Gladwell will write – I promise to read (as quickly as I can).
- The Black Swan: The Impact of the Highly Improbable – it’s very good book on a simple topic. We know NOTHING on the stock market.
“Assuming more order than exists in chaotic nature” – Our brains are wired for narrative, not statistical uncertainty. And so we tell ourselves simple stories to explain complex thing we don’t–and, most importantly, can’t–know. The truth is that we have no idea why stock markets go up or down on any given day, and whatever reason we give is sure to be grossly simplified, if not flat out wrong.
- Predictably Irrational: The Hidden Forces That Shape Our Decisions
In a similar way to the Black Swan – it contain lots of answers on how can we recover from an economic crisis.
- The Intelligent Investor: It is the best book I’ve read about investing. The greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham’s philosophy of “value investing” — which shields investors from substantial error and teaches them to develop long-term strategies — has made The Intelligent Investor the stock market bible ever since its original publication in 1949.