Tuesday, November 24, 2020

Recommended Reading for the Holidays 2020

It's been a while since we posted a recommended reading list, so here's some ideas as well as recent recommendations from prominent hedge fund managers.

Recommended Reading for the Holidays 2020

Quality Investing: Owning the Best Companies for the Long Term by Lawrence Cunningham, Torkell T Eide & Patrick Hargreaves - Dan Loeb (Third Point) recently recommended this book in a quarterly letter


No Rules Rules: Netflix and the Culture of Reinvention by Reed Hastings - Another recommendation from Loeb is the Netflix founder's new book


Unknown Market Wizards: The Best Traders You've Never Heard Of by Jack Schwager - Brand new book by the author famous for profiling top money managers

The Other Half of Macroeconomics and the Fate of Globalization by Richard Koo - Li Lu (Himalaya Capital) recommended this to Mohnish Pabrai, per Pabrai's Twitter


The Art of Learning: An Inner Journey to Optimal Performance by Josh Waitzkin - Recommended by hedge fund manager Yen Liow (Aravt Global) in a recent talk

Genghis Khan and the Making of the Modern World by Jack Weatherford - Another pick from Liow


How to Decide by Annie Duke - The brand new follow-up to her previous excellent book, Thinking in Bets


Investing for Growth: How to Make Money by Only Buying the Best Companies in the World by Terry Smith - Newly released from the Fundsmith crew


The Psychology of Money by Morgan Housel - Brand new book by the prolific financial writer

Language, Truth and Logic by Alfred Ayer - Recommended by Nick Kokonas (Alinea Group) on Patrick O'Shaughnessy's podcast Founder's Field Guide


Lastly, if you're looking for a gift idea for friends, partners, clients, or employees, here's a quick one:

Incerto (Deluxe Edition) by Nassim Taleb - This set of hardcovers is fantastic and includes all of Taleb's great books: Fooled by Randomness, The Black Swan, Antifragile, Skin in the Game, and The Bed of Procrustes