Book Recommendations Archives - Farnam Street https://myvibez.link/category/books/book-recommendations/ Mastering the best of what other people have already figured out Tue, 23 Sep 2025 13:45:09 +0000 en-US hourly 1 https://myvibez.link/wp-content/uploads/2015/06/cropped-farnamstreet-80x80.png Book Recommendations Archives - Farnam Street https://myvibez.link/category/books/book-recommendations/ 32 32 148761140 29 of the Most Gifted and Highly Recommended Books https://myvibez.link/most-gifted-book/ Mon, 27 Nov 2017 14:22:20 +0000 https://www.farnamstreetblog.com/?p=34190 It started with a simple question: What book (or books) have you given away to people the most and why? The email was sent to an interesting subset of people I’ve interacted with over the past year — CEOs, entrepreneurs, best-selling authors, hedge fund managers, and more. While not everyone replied, and some of those …

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It started with a simple question:

What book (or books) have you given away to people the most and why?

The email was sent to an interesting subset of people I’ve interacted with over the past year — CEOs, entrepreneurs, best-selling authors, hedge fund managers, and more.

While not everyone replied, and some of those that did preferred not to have attributions to them, I think you’ll find the resulting list contains a lot of gems. One book is over $400. (We ordered that one and will share what we learn.)

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“The way I give books away is basically I read a book I get excited about and then get it for like nine people over the next couple weeks and then move onto some other book I’m excited about and start pushing that on everyone. At the moment, I’ve been giving Sheryl Sandberg and Adam Grant’s Option B to a lot of people. Reading it helped me understand what someone mourning a loss is going through better than I ever had before. So the first people I thought of were those I know currently in mourning, and I sent it to most of them. Then I sent it to some other people who are close with the people who are grieving, because it’s also very useful (and fascinating) as a guide for how to support someone coping with a loss.”
— Tim Urban, author of Wait But Why

Kennedy and King by Levingston. “The reason I am giving it is because I don’t think most people have a good enough understanding of the civil rights movement and why Trump is so reviled by those who made that progress in the ‘60s.”
— The source of this suggestion prefers to remain anonymous

“I started giving books away after I met Mohnish Pabrai and I saw that he was doing it. First book I gave away was the Checklist Manifesto. Now I am constantly giving books away – my own, those of friends, and those that I think will be interesting. Sometimes I just give away my own, personal copy, and sometimes I give away a number that I buy in from the publisher. Other books (that I’ve given away) have included: Guns, Germs, and Steel, The Shipping Man, Dangerous Odds by Marissa Lankester, Sapiens, Homo Deus, Cialdini’s Pre-suasion, Peter Bevelin’s books (Seeking Wisdom, All I Want To Know Is Where I’m Going To Die So I’ll Never Go ThereA Few Lessons for Investors and Managers), Alice Shroeder’s biography of Buffett.”
— Guy Spier, Aquamarine Capital Management

“I make it a point to give everyone Simple Wealth, Inevitable Wealth by Nick Murray when they ask about my investing philosophy and my career. No single book has been more formative or more influential on how I give advice to others, and how I think about my own financial future.”
Downtown Josh Brown

Resilience by Eric Greitens. It’s a book I give someone whenever I find out they’re going through some type of adversity. In Resilience, former Navy SEAL Eric Greitens (and now governor of Missouri) shares a series of letters written between him and a SEAL buddy who was going through a rough time in his life with alcoholism, job loss, and PTSD. Greitens calls upon his background in philosophy to provide insights and advice for his struggling friend on how to develop resilience in the face of adversity and suffering. Greitens’ book is by far the best I’ve ever read on the subject. Every page has some nugget of wisdom on how you can become more resilient to big adversities, or just life’s mundane struggles. Along the way you’re treated to personal war stories from Greitens’ SEAL days, as well as excerpts from Thucydides, Aristotle, and Aquinas.”
— Brett McKay, The Art of Manliness

Addiction by Design by Natasha Dow Schull. The book is a cutting look into the machine gambling industry and the nature of addiction. It paints a telling portrait of who gets addicted and the games designed to take advantage of them.”
— Nir Eyal, author of Hooked

Chapters in My Life by Frederick Taylor Gates. Charlie Munger says that extreme outcomes – good and bad – often educate best. With useful detail, these memoirs recount the extreme good outcome of Gates, a Baptist minister with no business education or business experience, who came to be lauded by John D. Rockefeller as the greatest businessman he ever encountered, better than Henry Ford and Andrew Carnegie.”
— Peter Kaufman, CEO of Glenair and Editor of Poor Charlie’s Almanack (I realize this is a very expensive book, so I’ve ordered it and will share what I learn with you).

The Power Broker – a perfect book on the relentless nature of accruing power, and how it can be wielded without a large public persona. As a counter-weight –Jane Jacobs’ biography. One of the few people to defeat Bob Moses, AND she came to Toronto, AND the godmother of advocating for urban planning in a dense manner. Deep Work + So Good They Can’t Ignore YouCal hit’s the nail on the head – it’s not about passion, it’s about solving problems. Biographies – Arnold, Steve Martin, George Carlinhonest insight on how people succeeded, self-awareness, and more. Dumas’ Three Musketeers and Count of Monte Cristo. Just great fiction, and too many entrepreneurs don’t take the time to appreciate that. Anything You Want: 40 Lessons for a New Kind of Entrepreneur by Sivers – just no-nonsense entrepreneur advice. No platitudes, not aspirational/inspirational – just the hard info.”
— Sol Orwell, SJO.com

“I love gifting The Specialist, a tiny little book written in the ‘30s by Chic Sale. It’s about a fictional carpenter called Lem Putt, who builds crappers. But these outhouses are the most considered, the most empathetic constructions you can imagine. He’ll suggest techniques like locating the outhouse past the wood pile, so when folks are going out to use the bathroom, they can come back with wood in their hands, rather than making it obvious they’ve just been doing their business. When you see how much thought and craft can go into building a bogger, you understand how much better we can all be at our chosen craft. Oh, and because it has been around forever, it’s fun gifting old school second hand versions, that feel like they’ve already inspired other folks to elevate their craft. I hope it makes the recipient feel more like they’re receiving ancient wisdom that has already served others well.”
— Andy Fallshaw, CEO of Bellroy

The Dream Machine by Mitchell Waldrop.”
— Patrick Collison, CEO of Stripe

Frederick Lewis Allen’s book The Big Change. It explains technology and social change better than any book I’ve come across. There are so many small lessons about how America works — culturally and economically — that I’ve never seen articulated elsewhere. “
— Morgan Housel, Partner at the Collaborative Fund

“I like to give The Art of Worldly Wisdom by Balthasar Gracián and The Waste Books by Georg Christoph Lichtenberg. Both are collections of aphorisms and notes around similar themes: how to live, how to grow and improve as a person, what success means, and how to understand and work with people as they are – not as we wish they would be. They are also quite witty, making them a joy to read. Gracián was a 17th-century Jesuit priest and administrator, and Lichtenberg was an 18th-century scientist and academic. Neither author is fond of the many failings of human behavior (many of which we’d categorize today as cognitive biases), and they don’t pull their punches. The aphoristic style also makes these books wonderful for repeated browsing. I’ve read them both many times, and every other page is dog-eared to mark a particularly insightful section. Time with either of these books is time well-invested.”
— Josh Kaufman, author of The Personal MBA

“I run a small team of about 10 remote employees, and we have had to reinvent ourselves completely more than a few times in the decade Nerd Fitness has been in business. For that reason, I’ve given Who Moved My Cheese?” by Spencer Johnson to everybody on Team Nerd Fitness – it’s a fast, fun, thought-provoking parable that has helped us pivot faster, embrace change, and seek out challenges rather than shy away from them. When it comes to peers and friends, I’ve gifted Ryan Holiday’s Ego is the Enemymore times than I can count (along with reading it multiple times myself) – it’s a great reminder that we can be our own worst enemy when it comes to growth and success.”
— Steve Kamb, author of Level Up Your Life

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The 16 Best Books of 2016 https://myvibez.link/16-best-books-2016/ Wed, 28 Dec 2016 13:50:48 +0000 https://www.farnamstreetblog.com/?p=30101 Rewarding reads on love, life, knowledge, history, the future, and tools for thinking. Out of all the books I read this year, here is a list of what I found most worth reading in 2016. 1. The Psychology of Man’s Possible Evolution These lectures, which were originally called Six Psychological Lectures, were first privately printed …

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Rewarding reads on love, life, knowledge, history, the future, and tools for thinking. Out of all the books I read this year, here is a list of what I found most worth reading in 2016.

1. The Psychology of Man’s Possible Evolution
These lectures, which were originally called Six Psychological Lectures, were first privately printed in the 1940s. Of the first run of 150 copies, none were sold. The essays were published once again after Ouspensky’s death, and unlike last time became a hit. While the book is about psychology, it’s different than what we think of as psychology — “for thousands of years psychology existed under the name philosophy.” Consider this a study in what man may become — by working simultaneously on knowledge and inner unity.

2. The Island of Knowledge: The Limits of Science and the Search for Meaning
Imagine the sum of our knowledge as an Island in a vast and endless ocean. This is the Island of Knowledge. The coastline represents the boundary between the known and unknown. As we grow our understanding of the world, the Island grows and with it so does the shores of our ignorance. “We strive toward knowledge, always more knowledge,” Gleiser writes, “but must understand that we are, and will remain, surrounded by mystery.” The book is a fascinating and wide-ranging tour through scientific history. (Dig Deeper into this amazing read here.)

3. When Breath Becomes Air
It’s been a while since I’ve cried reading a book. This beautifully written memoir, by a young neurosurgeon diagnosed with terminal cancer, attempts to answer the question What makes a life worth living? If you read this and you’re not feeling something you’re probably a robot.

4. The Sovereign Individual: Mastering the Transition to the Information Age
The book, which argues “the information revolution will destroy the monopoly power of the nation-state as surely as the Gunpowder Revolution destroyed the Church’s monopoly,” is making the rounds in Silicon Valley and being passed around like candy. Even if its forecasts are controversial, the book is a good read and it’s full of interesting and detailed arguments. I have underlines on nearly every page. “Information societies,” the authors write, “promise to dramatically reduce the returns to violence … When the payoff for organizing violence at a large scale tumbles, the payoff from violence at a smaller scale is likely to jump. Violence will become more random and localized.” The Sovereign Individual, who, for the first time “can educate and motivate himself,” will be “almost entirely free to invest their own work and realize the full benefits of their own productivity.” An unleashing of human potential which will, the authors argue, shift the greatest source of wealth to ideas rather than physical capital — “anyone who thinks clearly will potentially be rich.” Interestingly, in this potential transition, the effects are “likely to be centered among those of the middle talent in currently rich countries. They particularly may come to feel that information technology poses a threat to their way of life.” The book predicts the death of politics, “weakened by the challenge from technology, the state will treat increasingly autonomous individuals, its former citizens, with the same range of ruthlessness and diplomacy it has heretofore displayed in its dealings with other governments.” As technology reshapes the world, it also “antiquates laws, reshapes morals, and alters preconceptions. This book explains how.”

5. To Kill a Mockingbird
I know, I know. Hear me out. Someone I respect mentioned that he thought Atticus Finch was the perfect blend of human characteristics. Tough and skilled, yet humble and understanding. He’s frequently rated as a “most admired” hero in fiction, yet he’s a lawyer competing with Jedis, Detectives, Spies, and Superheroes. Isn’t that kind of interesting? Since it had been at least 15 years since I’d read TKM, I wanted to go back and remember what made Atticus so admired. His courage, his humility, his understanding of people. I forgot just how perceptive Finch was when it came to what we’d call “group social dynamics” — he forgives the individual members of the mob that show up to hurt Tom Robinson simply because he understands that mob psychology is capable of overwhelming otherwise good people. How many of us would be able to do that? Atticus Finch is certainly a fictional, and perhaps “unattainably” moral hero. But I will point out that not only do real life “Finch’s” exist, but that even if we don’t “arrive” at a Finchian level of heroic integrity and calm temperament, it’s certainly a goal worth pursuing. Wise words from the book Rules for a Knight sums it up best: “To head north, a knight may use the North Star to guide him, but he will not arrive at the North Star. A knight’s duty is to proceed in that direction.” (Here are some of the lessons I took away from the book.)

6. Lee Kuan Yew: The Grand Master’s Insights on China, the United States, and the World
If you’re not familiar with Lee Kuan Yew, he’s the “Father of Modern Singapore,” the man who took a small, poor island just north of the equator in Southeast Asia with GDP per capita of ~$500 in 1965 and turned it into a modern powerhouse with GDP per capita of over $70,000 as of 2014, with some of the lowest rates of corruption and highest rates of economic freedom in the world. Finding out how he did it is worth anyone’s time. This book is a short introduction to his style of thinking: A series of excerpts of his thoughts on modern China, the modern U.S., Islamic Terrorism, economics, and a few other things. It’s a wonderful little collection. (We’ve actually posted about it before.) Consider this an appetizer (a delicious one) for the main course: From Third World to First, Yew’s full account of the rise of Singapore. (Dig deeper here.)

7. An Illustrated Book of Bad Arguments
Perfect summer reading for adults and kids alike. One friend of mine has created a family game where they all try to spot the reasoning flaws of others. The person with the most points at the end of the week gets to pick where they go for dinner. I have a suspicion his kids will turn out to be politicians or lawyers.

8. Intuition Pumps and Other Tools for Thinking
Dan Dennett is one of the most well known cognitive scientists on the planet . This book is a collection of 77 short essays on different “thinking tools,” basically thought experiments Dennett uses to slice through tough problems, including some tools for thinking about computing, thinking about meaning, and thinking about consciousness. Like Richard Feynman’s great books, this one acts as a window into a brilliant mind and how it handles interesting and difficult problems. If you only walk away with a few new mental tools, it’s well worth the time spent. (You can learn a lot more about Dennett here, here, and here.)

9. The Seven Sins of Memory (How the Mind Forgets and Remembers)
I found this in the bibliography of Judith Rich Harris’ No Two Alike. Schacter is a psychology professor at Harvard who runs the Schacter Memory Lab. The book explores the seven “issues” we tend to find with regard to our memory: Absent-mindedness, transience, blocking, misattribution, suggestibility, bias, and persistence. The fallibility of memory is so fascinating: We rely on it so heavily and trust it so deeply, yet as Schacter shows, it’s extremely faulty. It’s not just about forgetting where you left your keys. Modern criminologists know that eyewitness testimony is deeply flawed. Some of our deepest and most hard-won memories — the things we know are true — are frequently wrong or distorted. Learning to calibrate our confidence in our own memory is not at all easy. Very interesting topic to explore. (We did a three part series on this book. Introduction and parts One, Two, and Three).

10. Talk Lean: Shorter Meetings. Quicker Results. Better Relations
This book is full of useful tips on listening better, being candid and courteous, and learning what derails meetings, conversations, and relationships with people at work. Don’t worry. It’s not about leaving things unsaid that might be displeasing for other people. In fact, leaving things unsaid is often more detrimental to the relationship than airing them out. Rather, it’s about finding a way to say them so people will hear them and not feel defensive. If you want to get right to the point and not alienate people, this book will help you. I know because this is something, personally, I struggle with at times.

11. The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World
I recently had a fascinating multi-hour dinner with the author, Pedro Domingos, on where knowledge comes from. Historically, at least, the answer has been evolution, experience, and culture. Now, however, there is a new source of knowledge: Machine learning. The book offers an accessible overview of the different ways of machine learning and the search for a master, unifying, theory. The book also covers how machine learning works and gives Pedro’s thoughts on where we’re headed. (Dig deeper in this podcast.)

12. Why Don’t We Learn from History?
This is a short (~120pp) book by the military historian and strategist B.H. Liddell Hart, a man who not only wrote military history but surely influenced it, especially in Germany in the World War period. He wrote this short synthesis at the end of his life and didn’t have a chance to finish it, but the result is still fascinating. Hart takes a “negative” view of history; in other words, What went wrong? How can we avoid it? The result of that study, as he writes in the introduction, is that “History teaches us personal philosophy.” Those who learn vicariously as well as directly have a big leg up. Something to take to heart. I plan to read more of his works.

13. A Powerful Mind: The Self-Education of George Washington
What a great book idea by Adrienne Harrison. There are a zillion biographies of GW out there, with Chernow’s getting a lot of praise recently. But Harrison narrows in on Washington’s self-didactic nature. Why did he read so much? How did he educate himself? Any self-motivated learner is probably going to enjoy this.

14. Sapiens: A Brief History of Humankind
One of the best books I’ve come across in a long time. Sapiens is a work of “Big History” — in the style of Jared Diamond’s Guns, Germs, and Steel — that seeks to understand humanity in a deep way. Many of Professor Harari’s solutions will be uncomfortable for some to read, there is no attempt at political correctness, but his diagnosis of human history is undeniably interesting and at least partially correct. He draws on many fields to arrive at his conclusions; a grand method of synthesis that will be familiar to long-time Farnam Street readers. The book is almost impossible to summarize given the multitude of ideas presented. But then again, most great books are. (Dig deeper into this amazing read here, here, and here.)

15. Becoming Wise: An Inquiry into the Mystery and Art of Living — A refreshing signal in world of noise that should be read and immediately re-read. There is so much goodness in here that scarcely will you find more than a page or two in my copy without a mark, bent page, or highlight. The entire book offers texture to thoughts you knew you had but didn’t know how to express.

16. The Happiness Trap: How to Stop Struggling and Start Living
The way most of us search for and attempt to hold onto fleeting moments of happiness ends up ensuring that we’re miserable. A great practical book on developing mindfulness, which is so important in many aspects of your life, including satisfaction. Might be the best self-help book I’ve read.

 

 

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Fiction that Influences and Inspires https://myvibez.link/fiction-influences-inspires/ Mon, 12 Dec 2016 12:00:38 +0000 https://www.farnamstreetblog.com/?p=29915 Reading nonfiction is a fantastic way to expand your mind and give you an edge in this world. It’s especially useful when we have a specific idea or concept that we’d like to learn more about. However, it’s important not to over-look everything we can learn from fiction. Fiction resonates with us because it shows us …

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Reading nonfiction is a fantastic way to expand your mind and give you an edge in this world. It’s especially useful when we have a specific idea or concept that we’d like to learn more about. However, it’s important not to over-look everything we can learn from fiction.

Fiction resonates with us because it shows us truths about the human condition through great storytelling and compelling narratives. Through an engaging story we can be introduced to big ideas that just don’t resonate the same way in nonfiction: the medium allows for freedom of thought through creativity.

With this short book list, we’d like to take a look at a handful of novels that have inspired some truly extraordinary thinkers, especially today’s leaders in technology. Some of these you’re probably already aware of. Some not. But they’re all worth a look.

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The Great Gatsby by F. Scott Fitzgerald

Considered one of Fitzgerald’s greatest works, the novel follows the story of the wealthy Jay Gatsby and his love for Daisy Buchanan during the roaring 1920s. With its focus on wealth, excess, status and privilege some have called this a cautionary tale regarding the great American dream.  It’s also just a hell of a yarn.

This is one of Bill and Melinda Gates favorite books. Mr. Gates says it’s “the novel that I reread the most. Melinda and I love one line so much that we had it painted on a wall in our house: ‘His dream must have seemed so close that he could hardly fail to grasp it.’”

It’s not only the Gateses who adore this book, the author Haruki Murakami has called it one of his favorites and Chuck Palahnuik has said it was a source of inspiration for Fight Club. “It showed me how to write a ‘hero’ story by using an apostle as the narrator. Really it’s the basis of the triangle of two men and one woman in my book, Fight Club. I read the book at least once a year and it continues to surprise me with layers of emotion.”

The Remains of the Day by Kazuo Ishiguro

The story paints a spiritual portrait of the quintessential English butler as his world changes from World War I era to the 1950s. The themes of professionalism and dignity versus authenticity are prevalent throughout the novel.

This is Jeff Bezos favorite book. “If you read The Remains of the Day, which is my favorite book of all time, you can’t help but come away and think, I just spent 10 hours living an alternate life and I learned something about life and about regret.”

Actress and UN Goodwill Ambassador Emma Watson has also cited this book as one of her favorites. “When I was growing up, my family, particularly my father, were very stoic. Part of me is very resentful of this British mentality that it’s not good to express feelings of any kind – that it’s not proper or brave.” She has said she appreciates the book for how it expressed the consequences of this type of discretion.

Catcher in the Rye by J.D. Salinger

The book that introduced us to the ever loved and ever hated Holden Caulfield. The unique narrative gives us a glimpse into the mind of a 16 year old boy and the events surrounding his expulsion from prep school.

Bill Gates has said, “I read this when I was 13. It’s my favorite book. It acknowledges that young people are a little confused, but can be smart, and see things that adults don’t.”

Salman Khan, founder of Khan Academy, also lists this as one of his favorite books.

A Wrinkle in Time by Madeleine L’Engle

The second book centered around a teenager is A Wrinkle in Time, which brings us into Science Fiction. Some of the most innovative ideas of the last two centuries (trains, planes, robots) were considered science fiction at one point and made appearances in stories before they came about in real life. Science fiction is thus a window into our visions of the future, and tells us a great deal about what people of certain eras were both looking forward to and afraid of.

A Wrinkle in Time follows high schooler Meg Murry as she travels through space and time on a quest to save her father. The novel uses Meg’s extreme/out of this world situations as a way to explore the very real trials of teenagers.

Sheryl Sandberg, COO of Facebook, has called A Wrinkle in Time her favorite book as a child.

I wanted to be Meg Murry, the admittedly geeky heroine of “A Wrinkle in Time,” by Madeleine L’Engle. I loved how she worked with others to fight against an unjust system and how she fought to save her family against very long odds. I was also captivated by the concept of time travel. I keep asking Facebook’s engineers to build me a tesseract so I, too, could fold the fabric of time and space. But so far no one has even tried. Jeff Bezos also loved the book. “I remember in fourth grade we had this wonderful contest — there was some prize — whoever could read the most Newbery Award winners in a year. I didn’t end up winning. I think I read like 30 Newbery Award winners that year, but somebody else read more. The standout there is the old classic that I think so many people have read and enjoyed, A Wrinkle in Time, and I just remember loving that book.”

Seveneves / Snow Crash / Cryptnomicon by Neal Stephenson

The sci-fi author Neal Stephenson comes up multiple times in the reading lists of some incredibly successful individuals. Above are three that seemed to come up the most.

Bill Gates has said that Stephenson’s novel Seveneves rekindled his love for sci-fci, a genre he thinks can be used as a vehicle to help people think about big ideas. With Seveneves in particular, he was struck by “the way the book pushes you to think big and long-term. If everyone learned that the world would end two days from now, there would be global panic, plus a big dose of hedonism. But what if it were ending two years from now? Would people keep going to work? Would kids go to school? If they did, what would you teach them?

The novel gives us an idea of what might happen if the world were ending and we were forced to escape to space. If that idea wasn’t interesting enough, the book also shoots forward 5,000 years and has the humans going back to what once was Earth.

Larry Page, co-founder of Google, has Stephenson’s Snow Crash in his list of favorite books.

That story takes place in a future America where our protagonist Hiro is a hacker/pizza delivery boy for the mafia in reality and a warrior prince in the Metaverse. Stephenson gives us a glimpse of a what a world would look like where much of our time and definition of self is explored in a shared virtual space and effortlessly weaves together concepts of religion, economics, politics, linguistics and computer science.

Meanwhile, Samuel Arbesman, the complexity scientist and author of The Half-Life of Facts (whom we interviewed recently), told us that Stephenson’s Cryptnomicon is one of the best books he’s ever read, saying:

The idea that there can be a book that weaves together an amazing plot as well as some really really profound ideas on philosophy and computer science and technology together, that was, I think one of the first times I had seen a book that had really done this. There were these unbelievably informational pieces. It’s also an unbelievable fun read. I’m a big fan of most of Stephenson’s work. I love his stuff, but I would say Cryptonomicon was one in particular that really demonstrated that you could do this kind of thing together.

The Foundation Trilogy by Isaac Asimov

Isaac Asimov was another author who appeared on multiple lists, his Foundation Series in particular has influenced an extraordinary number of people. The novel centers on a group of academics (The Foundation) as they struggle to preserve civilization during the fall of the Galactic Empire.

In more than one interview, Elon Musk has expressed that he was greatly influenced by the Foundation Series. He said the books taught him, “The lessons of history would suggest that civilizations move in cycles. You can track that back quite far — the Babylonians, the Sumerians, followed by the Egyptians, the Romans, China. We’re obviously in a very upward cycle right now and hopefully that remains the case. But it may not. There could be some series of events that cause that technology level to decline. Given that this is the first time in 4.5bn years where it’s been possible for humanity to extend life beyond Earth, it seems like we’d be wise to act while the window was open and not count on the fact it will be open a long time.”

The series also influenced the likes of George Lucas and Douglas Adams. Speaking of…

The Hitchhiker’s Guide to the Galaxy by Douglas Adams

The story chronicles earthling Arthur Dents’ amazing voyage through space after he escapes the destruction of Earth.

Elon Musk considers Douglas Adams one of the great modern philosophers. It was Adams that taught him that “The question is harder than the answer. When we ask questions they come along with our biases. You should really ask, ‘Is this the right question?’ And that’s hard to figure out.

It’s interesting to note that Musk happened upon the book at a time that he says he was going through and existential crisis (between the ages of 12 to 15). He first turned to Friedrich Nietzsche and Arthur Schopenhauer but found what he needed through Douglas instead. Salman Khan, founder of Khan Academy also lists this as one of his favorite books.

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This is in no way an exhaustive list of fiction that has influenced people whom we admire, but we hope that it has inspired you to find more places for those big ideas. Happy Reading!

If you enjoyed this post, check out a few other book recommendation lists we’ve put out recently:

Book Recommendations by the Legendary Washington Post CEO Don Graham – Among his answers are his favourite fiction and non-fiction books and the book that will stay with him forever.

A Short List of Books for Doing New Things – Andrew Ng thinks innovation and creativity can be learned — that they are pattern-recognition and combinatorial creativity exercises which can be performed by an intelligent and devoted practitioner with the right approach. He also encourages the creation of new things; new businesses, new technologies. And on that topic, Ng has a few book recommendations.

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Book Recommendations by the Legendary Washington Post CEO Don Graham https://myvibez.link/book-recommendations-don-graham/ Mon, 28 Nov 2016 10:00:37 +0000 https://www.farnamstreetblog.com/?p=29272 “My goal in reading a book is to entertain myself and perhaps to learn. You won’t read much unless what you read is enjoyable for you.” — Don Graham *** In 1973, Warren Buffett famously began investing in the stock of the newly public Washington Post. Watergate was on, the stock market was crashing, and …

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“My goal in reading a book is to entertain myself and perhaps to learn.
You won’t read much unless what you read is enjoyable for you.”
— Don Graham

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In 1973, Warren Buffett famously began investing in the stock of the newly public Washington Post. Watergate was on, the stock market was crashing, and the Post, led by Katherine Graham, was a wonderful company selling at a cheap price.

Over time, Mrs. Graham would pass the CEO mantle to her son, Don Graham. With Buffett’s board level influence, Graham would become one of the most successful and admired CEO’s in the media business, financially and editorially.

While other papers were busy buying up news or television properties one after another, mostly financed with debt, Buffett encouraged Graham to stick to his knitting. And so when media properties (including the Post) began to rapidly lose their value in the 1990’s and 2000’s thanks to the Internet, the Post survived intact. (Helped along by the shrewd purchase of Kaplan Inc.)

The Grahams’ reign running the Post was so successful that it was later profiled in The Outsiders, a book by Columbia’s William Thorndike which showed how a group of “unconventional” CEOs generated way above average shareholder returns through smart capital allocation and decentralized operating management.

Graham, now the CEO of Graham Holdings and the lead independent director of Facebook, seems woefully understudied as an operator and a human being. But we do have one window into the man: His book recommendations.

Graham actively answers questions on Quora, mostly about books, so we went through and collected some of his thoughts.

The long time head of a major media organization is someone who must, by the nature of their work, be broadly educated and broadly wise. And his interest in books shows it: Graham is clearly a fan of the classics and of biography and history. (Not altogether surprising for a man who was part of the Pulitzer Prize board for many years.)

Among his answers are his favourite fiction and non-fiction books and the book that will stay with him forever. (One obvious choice would be his mother’s wonderful memoir.)

***

First, his response to a 14-year old asking which books he should read, to which Graham gave a wonderful answer:

I would—for a lifetime—think first about “what will I enjoy reading,” and only second about “what is good for me.” If you like novels, I’d read novels. If you like biographies, I’d read biographies. If you like science fiction, mysteries, or science books, I’d read those. But read the best, and keep asking what that is.

***

What is that one book that will stay with you forever?

The Plays of William Shakespeare by William Shakespeare (“They are incomparable.”)

What is Your Favorite Non-Fiction book?

The Life of Samuel Johnson by James Boswell (Also his answer to: What is the most instructive biography you’ve ever read?)

The Civil War by Shelby Foote (“The greatest work of American history.”)

What is your Favorite Fiction book?

Anna Karenina by Leo Tolstoy

Middlemarch by George Eliot

Which book are you currently reading?

Margaret Thatcher: From Grantham to the Falklands by Charles Moore

What was the last book you read? 

Everybody’s Fool by Richard Russo (“I would not only recommend it; I’d say it is my favorite contemporary American novel.”)

Who was the most peace-oriented US President?

Ike’s Bluff: President Eisenhower’s Secret Battle to Save the World by Evan Thomas (“If the subject of your question is of great interest to you, I strongly recommend reading it.

Can you suggest a book about a survivor of an extreme experience?

The Man Who Stayed Behind by Sidney Rittenberg and Amanda Bennett (“As a discharged GI in China with leftist sympathies, he hitchhiked across China to Yenan, lived in the caves with Mao Zedong and the whole leadership, and became Mao’s translator, among other things.”)

What are the best literary nonfiction books about the Gilded Age?

The Robber Barons by Matthew Josephson (“The classic history of this aspect of the age.”)

Jim Fisk by W.A. Swanberg and The Murder of Jim Fisk by H. W. Brands (“Both excellent.”)

What are some books that were well-written and popular for awhile but are now largely forgotten?

Second Readings by Jonathan Yardley

A Literary Education and Other Essays by Joseph Epstein

What books should the privileged read in order to gain perspective and empathy for the underprivileged?

Behind the Beautiful Forevers by Katharine Boo (“It is a great, great book.”)

What are the best books written about the Supreme Court?

John Marshall by Jean Edward Smith

The Supreme Court by William Rehnquist

What are some good books to help one understand communism?

The Great Terror by Robert Conquest. (“Almost unbearable in its chapter-by-chapter description of life under Stalin’s rule.”)

Gulag by Anne Applebaum

What book would you recommend for becoming a “gentleman”?

Letters to His Son on Becoming a Man of the World and a Gentleman by Lord Chesterfield

Which U.S. President was the best writer?

Lincoln: Speeches and Writings: 1859-1865 by Abraham Lincoln (“There’s only one choice.”)

 

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A Year of Books: 23 Book Recommendations from Mark Zuckerberg https://myvibez.link/23-book-recommendations-mark-zuckerberg/ Tue, 04 Oct 2016 11:00:19 +0000 https://www.farnamstreetblog.com/?p=29146 In 2015, Mark Zuckerberg did something slightly unusual for a CEO of a major technology company: He started a book club! In that year, Zuckerberg ended up recommending and discussing 23 books with the group — about one every two weeks. We found it a great list of interesting reads. Let’s check it out. *** Creativity, Inc. …

The post A Year of Books: 23 Book Recommendations from Mark Zuckerberg appeared first on Farnam Street.

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In 2015, Mark Zuckerberg did something slightly unusual for a CEO of a major technology company: He started a book club!

In that year, Zuckerberg ended up recommending and discussing 23 books with the group — about one every two weeks. We found it a great list of interesting reads. Let’s check it out.

***

Creativity, Inc.

Creativity, Inc. is a book for managers who want to lead their employees to new heights, a manual for anyone who strives for originality, and the first-ever, all-access trip into the nerve center of Pixar Animation—into the meetings, postmortems, and “Braintrust” sessions where some of the most successful films in history are made. It is, at heart, a book about how to build a creative culture—but it is also, as Pixar co-founder and president Ed Catmull writes, “an expression of the ideas that I believe make the best in us possible.”

Sapiens

One hundred thousand years ago, at least six different species of humans inhabited Earth. Yet today there is only one—homo sapiens. What happened to the others? And what may happen to us?

Most books about the history of humanity pursue either a historical or a biological approach, but Dr. Yuval Noah Harari breaks the mold with this highly original book that begins about 70,000 years ago with the appearance of modern cognition. From examining the role evolving humans have played in the global ecosystem to charting the rise of empires, Sapiens integrates history and science to reconsider accepted narratives, connect past developments with contemporary concerns, and examine specific events within the context of larger ideas.

The Rational Optimist

In a bold and provocative interpretation of economic history, Matt Ridley, theNew York Times-bestselling author of Genome and The Red Queen, makes the case for an economics of hope, arguing that the benefits of commerce, technology, innovation, and change—what Ridley calls cultural evolution—will inevitably increase human prosperity.

The Structure of Scientific Revolutions

With The Structure of Scientific Revolutions, Kuhn challenged long-standing linear notions of scientific progress, arguing that transformative ideas don’t arise from the day-to-day, gradual process of experimentation and data accumulation but that the revolutions in science, those breakthrough moments that disrupt accepted thinking and offer unanticipated ideas, occur outside of “normal science,” as he called it. Though Kuhn was writing when physics ruled the sciences, his ideas on how scientific revolutions bring order to the anomalies that amass over time in research experiments are still instructive in our biotech age.

Why Nations Fail

Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities.

The End of Power

In The End of Power, award-winning columnist and former Foreign Policyeditor Moisés Naím illuminates the struggle between once-dominant megaplayers and the new micropowers challenging them in every field of human endeavor. Drawing on provocative, original research, Naím shows how the antiestablishment drive of micropowers can topple tyrants, dislodge monopolies, and open remarkable new opportunities, but it can also lead to chaos and paralysis. Naím deftly covers the seismic changes underway in business, religion, education, within families, and in all matters of war and peace.

The New Jim Crow

Once in a great while a book comes along that changes the way we see the world and helps to fuel a nationwide social movement. The New Jim Crow is such a book. Praised by Harvard Law professor Lani Guinier as “brave and bold,” this book directly challenges the notion that the election of Barack Obama signals a new era of colorblindness. With dazzling candor, legal scholar Michelle Alexander argues that “we have not ended racial caste in America; we have merely redesigned it.” By targeting black men through the War on Drugs and decimating communities of color, the U.S. criminal justice system functions as a contemporary system of racial control—relegating millions to a permanent second-class status—even as it formally adheres to the principle of colorblindness. In the words of Benjamin Todd Jealous, president and CEO of the NAACP, this book is a “call to action.”

Genome

Arguably the most significant scientific discovery of the new century, the mapping of the twenty-three pairs of chromosomes that make up the human genome raises almost as many questions as it answers. Questions that will profoundly impact the way we think about disease, about longevity, and about free will. Questions that will affect the rest of your life.

Genome offers extraordinary insight into the ramifications of this incredible breakthrough. By picking one newly discovered gene from each pair of chromosomes and telling its story, Matt Ridley recounts the history of our species and its ancestors from the dawn of life to the brink of future medicine. From Huntington's disease to cancer, from the applications of gene therapy to the horrors of eugenics, Matt Ridley probes the scientific, philosophical, and moral issues arising as a result of the mapping of the genome. It will help you understand what this scientific milestone means for you, for your children, and for humankind.

Portfolios of the Poor

Nearly forty percent of humanity lives on an average of two dollars a day or less. If you’ve never had to survive on an income so small, it is hard to imagine. How would you put food on the table, afford a home, and educate your children? How would you handle emergencies and old age? Every day, more than a billion people around the world must answer these questions. Portfolios of the Poor is the first book to systematically explain how the poor find solutions to their everyday financial problems.

Dealing with China

In Dealing with China, Paulson draws on his unprecedented access to modern China’s political and business elite, including its three most recent heads of state, to answer several key questions:

How did China become an economic superpower so quickly?

How does business really get done there?

What are the best ways for Western business and political leaders to work with, compete with, and benefit from China

How can the U.S. negotiate with and influence China given its authoritarian rule, its massive environmental concerns, and its huge population’s unrelenting demands for economic growth and security?

The Varieties of Religious Experience

The Varieties of Religious Experience: A Study in Human Nature is a book by Harvard University psychologist and philosopher William James. It comprises his edited Gifford Lectures on natural theology, which were delivered at the University of Edinburgh in Scotland in 1901 and 1902. The lectures concerned the nature of religion and the neglect of science in the academic study of religion.

The Better Angels of our Nature

Believe it or not, today we may be living in the most peaceful moment in our species’ existence. In his gripping and controversial new work, New York Times bestselling author Steven Pinker shows that despite the ceaseless news about war, crime, and terrorism, violence has actually been in decline over long stretches of history. Exploding myths about humankind’s inherent violence and the curse of modernity, this ambitious book continues Pinker’s exploration of the essence of human nature, mixing psychology and history to provide a remarkable picture of an increasingly enlightened world.

The Three-Body Problem

Set against the backdrop of China’s Cultural Revolution, a secret military project sends signals into space to establish contact with aliens. An alien civilization on the brink of destruction captures the signal and plans to invade Earth. Meanwhile, on Earth, different camps start forming, planning to either welcome the superior beings and help them take over a world seen as corrupt, or to fight against the invasion. The result is a science fiction masterpiece of enormous scope and vision.

Gang Leader for a Day

When first-year graduate student Sudhir Venkatesh walked into an abandoned building in one of Chicago’s most notorious housing projects, he hoped to find a few people willing to take a multiple-choice survey on urban poverty–and impress his professors with his boldness. He never imagined that as a result of this assignment he would befriend a gang leader named JT and spend the better part of a decade embedded inside the projects under JT’s protection. From a privileged position of unprecedented access, Venkatesh observed JT and the rest of his gang as they operated their crack-selling business, made peace with their neighbors, evaded the law, and rose up or fell within the ranks of the gang’s complex hierarchical structure.

Energy: A Beginner’s Guide

As Einstein pointed out in his famous equation, E=MC2, all matter can be described as energy. It is everywhere; it is everything. In this engaging book, prolific author and academic Vaclav Smil provides an introduction to the far-reaching term and gives the reader a greater understanding of energy’s place in both past and present society. Starting with an explanation of the concept, he goes on to cover such exciting topics as the inner workings of the human body, and the race for more efficient and environmentally friendly fuels. With global warming becoming a mainstream political issue, this guide will help shed light on the science behind it and efforts to prevent it, and how our seemingly insignificant daily decisions affect energy consumption. Whether you’re after insight or dinner table conversation, “Energy: A Beginner’s Guide” will amaze and inform, uncovering the science behind one of the most important concepts in our universe.

Orwell’s Revenge

In an extraordinary demonstration of the emerging supermedium’s potential to engender new forms of creativity, Huber’s book boldly reimagines 1984 from the computer’s point of view. After first scanning all of Orwell’s writings into his personal computer, Huber used the machine to rewrite the book completely, for the most part using Orwell’s own language. Alternating fiction and non-fiction chapters, Huber advances Orwell’s plot to a surprising new conclusion while seamlessly interpolating his own explanations and arguments. The result is a fascinating utopian work which envisions a world at our fingertips of ever-increasing information, equal opportunity, and freedom of choice.

Rational Ritual

Why do Internet, financial service, and beer commercials dominate Super Bowl advertising? How do political ceremonies establish authority? Why does repetition characterize anthems and ritual speech? Why were circular forms favored for public festivals during the French Revolution? This book answers these questions using a single concept: common knowledge.

The Muqaddimah

The Muqaddimah, often translated as “Introduction” or “Prolegomenon,” is the most important Islamic history of the premodern world. Written by the great fourteenth-century Arab scholar Ibn Khaldûn (d. 1406), this monumental work established the foundations of several fields of knowledge, including the philosophy of history, sociology, ethnography, and economics. The first complete English translation, by the eminent Islamicist and interpreter of Arabic literature Franz Rosenthal, was published in three volumes in 1958 as part of the Bollingen Series and received immediate acclaim in the United States and abroad. A one-volume abridged version of Rosenthal’s masterful translation first appeared in 1969.

The Player of Games

The Culture – a human/machine symbiotic society – has thrown up many great Game Players, and one of the greatest is Gurgeh. Jernau Morat Gurgeh. The Player of Games. Master of every board, computer and strategy. Bored with success, Gurgeh travels to the Empire of Azad, cruel and incredibly wealthy, to try their fabulous game…a game so complex, so like life itself, that the winner becomes emperor. Mocked, blackmailed, almost murdered, Gurgeh accepts the game, and with it the challenge of his life – and very possibly his death.

On Immunity: An Inoculation

In this bold, fascinating book, Eula Biss addresses our fear of the government, the medical establishment, and what may be in our children’s air, food, mattresses, medicines, and vaccines. Reflecting on her own experience as a new mother, she suggests that we cannot immunize our children, or ourselves, against the world. As she explores the metaphors surrounding immunity, Biss extends her conversations with other mothers to meditations on the myth of Achilles, Voltaire’s Candide, Bram Stoker’s Dracula, Rachel Carson’s Silent Spring, Susan Sontag’s AIDS and Its Metaphors, and beyond.On Immunity is an inoculation against our fear and a moving account of how we are all interconnected-our bodies and our fates.

The Beginning of Infinity

In this groundbreaking book, award-winning physicist David Deutsch argues that explanations have a fundamental place in the universe—and that improving them is the basic regulating principle of all successful human endeavor. Taking us on a journey through every fundamental field of science, as well as the history of civilization, art, moral values, and the theory of political institutions, Deutsch tracks how we form new explanations and drop bad ones, explaining the conditions under which progress—which he argues is potentially boundless—can and cannot happen. Hugely ambitious and highly original, The Beginning of Infinity explores and establishes deep connections between the laws of nature, the human condition, knowledge, and the possibility for progress.

World Order

Henry Kissinger offers in World Order a deep meditation on the roots of international harmony and global disorder. Drawing on his experience as one of the foremost statesmen of the modern era—advising presidents, traveling the world, observing and shaping the central foreign policy events of recent decades—Kissinger now reveals his analysis of the ultimate challenge for the twenty-first century: how to build a shared international order in a world of divergent historical perspectives, violent conflict, proliferating technology, and ideological extremism.

The Idea Factory: Bell Labs and the Great Age of American Innovation

From its beginnings in the 1920s until its demise in the 1980s, Bell Labs-officially, the research and development wing of AT&T-was the biggest, and arguably the best, laboratory for new ideas in the world. From the transistor to the laser, from digital communications to cellular telephony, it’s hard to find an aspect of modern life that hasn’t been touched by Bell Labs. In The Idea Factory, Jon Gertner traces the origins of some of the twentieth century’s most important inventions and delivers a riveting and heretofore untold chapter of American history. At its heart this is a story about the life and work of a small group of brilliant and eccentric men-Mervin Kelly, Bill Shockley, Claude Shannon, John Pierce, and Bill Baker-who spent their careers at Bell Labs. Today, when the drive to invent has become a mantra, Bell Labs offers us a way to enrich our understanding of the challenges and solutions to technological innovation. Here, after all, was where the foundational ideas on the management of innovation were born.

 

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What Books Would You Recommend Someone Read to Improve their General Knowledge of the World? https://myvibez.link/books-recommend-someone-read-improve-general-knowledge-world/ Wed, 21 Sep 2016 11:00:58 +0000 https://www.farnamstreetblog.com/?p=27197 Inspired by a reader’s question to me, I thought I’d ask our followers on Facebook and Twitter for an answer to the question: What books would you recommend someone read to improve their general knowledge of the world. I must say the number and quality of the responses overwhelmed me. The box Amazon just delivered …

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Inspired by a reader’s question to me, I thought I’d ask our followers on Facebook and Twitter for an answer to the question: What books would you recommend someone read to improve their general knowledge of the world.

I must say the number and quality of the responses overwhelmed me. The box Amazon just delivered reminds me that I ordered 9 books off this list.

Here is the list of what 55,000 of the smartest readers on the internet came up with, and what a list it is!

The Accidental Superpower: The Next Generation of American Preeminence and the Coming Global Disorder

International strategist Peter Zeihan examines how the hard rules of geography are eroding the American commitment to free trade; how much of the planet is aging into a mass retirement that will enervate markets and capital supplies; and how, against all odds, it is the ever-ravenous American economy that-alone among the developed nations-is rapidly approaching energy independence. Combined, these factors are doing nothing less than overturning the global system and ushering in a new (dis)order.

Sapiens: A Brief History of Humankind
“I would recommend this book to anyone interested in a fun, engaging look at early human history…you’ll have a hard time putting it down.”— Bill Gates

How to Read a Book
This book impacted us so much we created an entire course, The Art of Reading, around it.

A World History

William McNeill’s widely acclaimed one-volume history emphasizes the four Old World civilizations of the Middle East, India, China, and Europe, paying particular attention to their interaction across time as well as the impact on historical scholarship in light of the most recent archaeological discoveries. The engaging and informative narrative touches on all aspects of civilization, including geography, communication, and technological and artistic developments, and provides extensive coverage of the modern era.

The intelligent man’s guide to science

An Incomplete Education: 3,684 Things You Should Have Learned but Probably Didn’t

Here’s your chance to brush up on all those subjects you slept through in school, reacquaint yourself with all the facts you once knew (then promptly forgot), catch up on major developments in the world today, and become the Renaissance man or woman you always knew you could be!

A Short History of Nearly Everything

Taking as territory everything from the Big Bang to the rise of civilization, Bryson seeks to understand how we got from there being nothing at all to there being us. To that end, he has attached himself to a host of the world’s most advanced (and often obsessed) archaeologists, anthropologists, and mathematicians, travelling to their offices, laboratories, and field camps. He has read (or tried to read) their books, pestered them with questions, apprenticed himself to their powerful minds. A Short History of Nearly Everything is the record of this quest, and it is a sometimes profound, sometimes funny, and always supremely clear and entertaining adventure in the realms of human knowledge, as only Bill Bryson can render it. Science has never been more involving or entertaining.

Slaughterhouse Five

Slaughterhouse-Five, an American classic, is one of the world’s great antiwar books. Centering on the infamous firebombing of Dresden, Billy Pilgrim’s odyssey through time reflects the mythic journey of our own fractured lives as we search for meaning in what we fear most.

One Hundred Years of Solitude

One Hundred Years of Solitude tells the story of the rise and fall, birth and death of the mythical town of Macondo through the history of the Buend; a family. Inventive, amusing, magnetic, sad, and alive with unforgettable men and women — brimming with truth, compassion, and a lyrical magic that strikes the soul — this novel is a masterpiece in the art of fiction.

Anne Frank: The Diary of a Young Girl

Discovered in the attic in which she spent the last years of her life, Anne Frank’s remarkable diary has since become a world classic—a powerful reminder of the horrors of war and an eloquent testament to the human spirit. In 1942, with Nazis occupying Holland, a thirteen-year-old Jewish girl and her family fled their home in Amsterdam and went into hiding. For the next two years, until their whereabouts were betrayed to the Gestapo, they and another family lived cloistered in the “Secret Annex” of an old office building. Cut off from the outside world, they faced hunger, boredom, the constant cruelties of living in confined quarters, and the ever-present threat of discovery and death. In her diary Anne Frank recorded vivid impressions of her experiences during this period. By turns thoughtful, moving, and amusing, her account offers a fascinating commentary on human courage and frailty and a compelling self-portrait of a sensitive and spirited young woman whose promise was tragically cut short.

A History of the World in 100 Objects

Neil MacGregor has blazed an unusual path to international renown. As director of the British Museum, he organized an exhibit that aimed to tell the history of humanity through the stories of one hundred objects made, used, venerated, or discarded by man. The exhibit and its accompanying BBC radio series broke broadcasting records and MacGregor’s book became a bestselling sensation on both sides of the Atlantic and a huge Christmas hit, with more than 100,000 copies in print in the United States alone.

23 Things They Don’t Tell You about Capitalism

23 Things They Don’t Tell You about Capitalism uses twenty-three short essays (a few great examples: “There Is No Such Thing as a Free Market,” “The Washing Machine Has Changed the World More than the Internet Has”) to equip readers with an understanding of how global capitalism works, and doesn’t, while offering a vision of how we can shape capitalism to humane ends, instead of becoming slaves of the market.

The Structure of Scientific Revolutions

A good book may have the power to change the way we see the world, but a great book actually becomes part of our daily consciousness, pervading our thinking to the point that we take it for granted, and we forget how provocative and challenging its ideas once were—and still are. The Structure of Scientific Revolutions is that kind of book. When it was first published in 1962, it was a landmark event in the history and philosophy of science. Fifty years later, it still has many lessons to teach.

Meditations by Marcus Aurelius

Marcus Aurelius Antoninus (a.d. 121–180) succeeded his adoptive father as emperor of Rome in a.d. 161—and Meditations remains one of the greatest works of spiritual and ethical reflection ever written. With a profound understanding of human behavior, Marcus provides insights, wisdom, and practical guidance on everything from living in the world to coping with adversity to interacting with others. Consequently, the Meditations have become required reading for statesmen and philosophers alike, while generations of ordinary readers have responded to the straightforward intimacy of his style. In Gregory Hays’s new translation—the first in a generation—Marcus’s thoughts speak with a new immediacy: never before have they been so directly and powerfully presented.

War and Peace

… broadly focuses on Napoleon’s invasion of Russia in 1812 and follows three of the most well-known characters in literature: Pierre Bezukhov, the illegitimate son of a count who is fighting for his inheritance and yearning for spiritual fulfillment; Prince Andrei Bolkonsky, who leaves his family behind to fight in the war against Napoleon; and Natasha Rostov, the beautiful young daughter of a nobleman who intrigues both men. As Napoleon’s army invades, Tolstoy brilliantly follows characters from diverse backgrounds—peasants and nobility, civilians and soldiers—as they struggle with the problems unique to their era, their history, and their culture. And as the novel progresses, these characters transcend their specificity, becoming some of the most moving—and human—figures in world literature.

Crime and Punishment

One of the supreme masterpieces of world literature, Crime and Punishment catapulted Dostoyevsky to the forefront of Russian writers and into the ranks of the world’s greatest novelists. Drawing upon experiences from his own prison days, the author recounts in feverish, compelling tones the story of Raskolnikov, an impoverished student tormented by his own nihilism, and the struggle between good and evil. Believing that he is above the law, and convinced that humanitarian ends justify vile means, he brutally murders an old woman — a pawnbroker whom he regards as “stupid, ailing, greedy…good for nothing.” Overwhelmed afterwards by feelings of guilt and terror, Raskolnikov confesses to the crime and goes to prison. There he realizes that happiness and redemption can only be achieved through suffering. Infused with forceful religious, social, and philosophical elements, the novel was an immediate success. This extraordinary, unforgettable work is reprinted here in the authoritative Constance Garnett translation.

The Prince

The Prince shocked Europe on publication with its advocacy of ruthless tactics for gaining absolute power and its abandonment of conventional morality. Niccoló Machiavelli drew on his own experience of office under the turbulent Florentine republic, rejecting traditional values of political theory and recognizing the complicated, transient nature of political life. Concerned not with lofty ideal but with a regime that would last, The Prince has become the bible of realpolitik, and it still retains its power to alarm and to instruct. In this edition, Machiavelli’s tough-minded and pragmatic Italian is preserved in George Bull’s clear, unambiguous translation.

The Art of War: The Essential Translation of the Classic Book of Life

For more than two thousand years, Sun-tzu’s The Art of War has provided leaders with essential advice on battlefield tactics and management strategies. An elemental part of Chinese culture, it has also become a touchstone for the Western struggle for survival and success, whether in battle, in business, or in relationships. Now, in this crisp, accessible new translation, eminent scholar John Minford brings this seminal work to life for today’s readers. Capturing the literary quality of the work, Minford presents the core text in two formats: first, the unadorned ancient words of wisdom ascribed to Sun-tzu; then, the same text with extensive running commentary from the canon of traditional Chinese commentators. A lively, learned introduction and other valuable apparatus round out this authoritative volume.

Antifragile: Things That Gain from Disorder

Just as human bones get stronger when subjected to stress and tension, and rumors or riots intensify when someone tries to repress them, many things in life benefit from stress, disorder, volatility, and turmoil. What Taleb has identified and calls “antifragile” is that category of things that not only gain from chaos but need it in order to survive and flourish.

The Denial of Death

Winner of the Pulitzer prize in 1974 and the culmination of a life’s work, The Denial of Death is Ernest Becker’s brilliant and impassioned answer to the “why” of human existence. In bold contrast to the predominant Freudian school of thought, Becker tackles the problem of the vital lie — man’s refusal to acknowledge his own mortality. In doing so, he sheds new light on the nature of humanity and issues a call to life and its living that still resonates more than twenty years after its writing.

Nonzero: The Logic of Human Destiny

(Robert) Wright asserts that, ever since the primordial ooze, life has followed a basic pattern. Organisms and human societies alike have grown more complex by mastering the challenges of internal cooperation. Wright’s narrative ranges from fossilized bacteria to vampire bats, from stone-age villages to the World Trade Organization, uncovering such surprises as the benefits of barbarian hordes and the useful stability of feudalism. Here is history endowed with moral significance–a way of looking at our biological and cultural evolution that suggests, refreshingly, that human morality has improved over time, and that our instinct to discover meaning may itself serve a higher purpose. Insightful, witty, profound, Nonzero offers breathtaking implications for what we believe and how we adapt to technology’s ongoing transformation of the world.

Zero to One: Notes on Startups, or How to Build the Future

The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create. In Zero to One, legendary entrepreneur and investor Peter Thiel shows how we can find singular ways to create those new things.

Manufacturing Consent: The Political Economy of the Mass Media

In this pathbreaking work, now with a new introduction, Edward S. Herman and Noam Chomsky show that, contrary to the usual image of the news media as cantankerous, obstinate, and ubiquitous in their search for truth and defense of justice, in their actual practice they defend the economic, social, and political agendas of the privileged groups that dominate domestic society, the state, and the global order.

Merchants of Doubt: How a Handful of Scientists Obscured the Truth on Issues from Tobacco Smoke to Global Warming

[O]ne of the most talked-about climate change books of recent years, for reasons easy to understand: It tells the controversial story of how a loose-knit group of high-level scientists and scientific advisers, with deep connections in politics and industry, ran effective campaigns to mislead the public and deny well-established scientific knowledge over four decades. The same individuals who claim the science of global warming is “not settled” have also denied the truth about studies linking smoking to lung cancer, coal smoke to acid rain, and CFCs to the ozone hole. “Doubt is our product,” wrote one tobacco executive. These “experts” supplied it.

Confessions of an Economic Hit Man

From the U.S. military in Iraq to infrastructure development in Indonesia, from Peace Corps volunteers in Africa to jackals in Venezuela, Perkins exposes a conspiracy of corruption that has fueled instability and anti-Americanism around the globe, with consequences reflected in our daily headlines. Having raised the alarm, Perkins passionately addresses how Americans can work to create a more peaceful and stable world for future generations.

Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong

Americans have lost touch with their history, and in Lies My Teacher Told Me Professor James Loewen shows why. After surveying eighteen leading high school American history texts, he has concluded that not one does a decent job of making history interesting or memorable. Marred by an embarrassing combination of blind patriotism, mindless optimism, sheer misinformation, and outright lies, these books omit almost all the ambiguity, passion, conflict, and drama from our past.

The Art of Worldly Wisdom

The remarkable best-seller — a long-lost, 300-year-old book of wisdom on how to live successfully yet responsibly in a society governed by self-interest — as acute as Machiavelli yet as humanistic and scrupulously moral as Marcus Aurelius.

The 48 Laws of Power

Amoral, cunning, ruthless, and instructive, The 48 Laws of Power is the definitive manual for anyone interested in gaining, observing, or defending against ultimate control.

Seeking Wisdom: From Darwin to Munger, 3rd Edition
My most gifted book.

Negotiating Your Salary: How To Make $1000 a Minute

In addition to the basic rules of negotiation, $1000 a Minute tells readers when to apply them. The book is reorganized to tell: What to do at the start of the job search, how to “dodge” the salary issue during the job search, what to prepare before a job interview, when to enter into negotiations, and what order to ask for things. Special training is provided in how NOT to jeapordize the offer you have and still negotiate for the offer you want.

Against the Gods: The Remarkable Story of Risk

In this unique exploration of the role of risk in our society, Peter Bernstein argues that the notion of bringing risk under control is one of the central ideas that distinguishes modern times from the distant past. Against the Gods chronicles the remarkable intellectual adventure that liberated humanity from oracles and soothsayers by means of the powerful tools of risk management that are available to us today.

The Creators: A History of Heroes of the Imagination

By piecing the lives of selected individuals into a grand mosaic, Pulitzer Prize-winning historian Daniel J. Boorstin explores the development of artistic innovation over 3,000 years. A hugely ambitious chronicle of the arts that Boorstin delivers with the scope that made his Discoverers a national bestseller.

The User Illusion: Cutting Consciousness Down to Size

As John Casti wrote, “Finally, a book that really does explain consciousness.” This groundbreaking work by Denmark’s leading science writer draws on psychology, evolutionary biology, information theory, and other disciplines to argue its revolutionary point: that consciousness represents only an infinitesimal fraction of our ability to process information. Although we are unaware of it, our brains sift through and discard billions of pieces of data in order to allow us to understand the world around us. In fact, most of what we call thought is actually the unconscious discarding of information. What our consciousness rejects constitutes the most valuable part of ourselves, the “Me” that the “I” draws on for most of our actions–fluent speech, riding a bicycle, anything involving expertise. No wonder that, in this age of information, so many of us feel empty and dissatisfied. As engaging as it is insightful, this important book encourages us to rely more on what our instincts and our senses tell us so that we can better appreciate the richness of human life.

The Grapes of Wrath

First published in 1939, Steinbeck’s Pulitzer Prize-winning epic of the Great Depression chronicles the Dust Bowl migration of the 1930s and tells the story of one Oklahoma farm family, the Joads—driven from their homestead and forced to travel west to the promised land of California. Out of their trials and their repeated collisions against the hard realities of an America divided into Haves and Have-Nots evolves a drama that is intensely human yet majestic in its scale and moral vision, elemental yet plainspoken, tragic but ultimately stirring in its human dignity. A portrait of the conflict between the powerful and the powerless, of one man’s fierce reaction to injustice, and of one woman’s stoical strength, the novel captures the horrors of the Great Depression and probes into the very nature of equality and justice in America. At once a naturalistic epic, captivity narrative, road novel, and transcendental gospel, Steinbeck’s powerful landmark novel is perhaps the most American of American Classics.

Please Kill Me: The Uncensored Oral History of Punk

A contemporary classic, Please Kill Me is the definitive oral history of the most nihilistic of all pop movements. Iggy Pop, Richard Hell, the Ramones, and scores of other punk figures lend their voices to this decisive account of that explosive era. This 20th anniversary edition features new photos and an afterword by the authors.

The Power Broker: Robert Moses and the Fall of New York

One of the most acclaimed books of our time, winner of both the Pulitzer and the Francis Parkman prizes, The Power Broker tells the hidden story behind the shaping (and mis-shaping) of twentieth-century New York (city and state) and makes public what few have known: that Robert Moses was, for almost half a century, the single most powerful man of our time in New York, the shaper not only of the city’s politics but of its physical structure and the problems of urban decline that plague us today.

Eureka Street: A Novel of Ireland Like No Other

“All stories are love stories,” begins Eureka Street, Robert McLiam Wilson’s big-hearted and achingly funny novel. Set in Belfast during the Troubles, Eureka Street takes us into the lives and families of Chuckie Lurgan and Jake Jackson, a Protestant and a Catholic—unlikely pals and staunch allies in an uneasy time. When a new work of graffiti begins to show up throughout the city—“OTG”—the locals are stumped. The harder they try to decipher it, the more it reflects the passions and paranoias that govern and divide them. Chuckie and Jake are as mystified as everyone else. In the meantime, they try to carve out lives for themselves in the battlefield they call home. Chuckie falls in love with an American who is living in Belfast to escape the violence in her own land; the best Jake can do is to get into a hilarious and remorseless war of insults with a beautiful but spitfire Republican whose Irish name, properly pronounced, sounds to him like someone choking. The real love story in Eureka Street involves Belfast—the city’s soul and spirit, and its will to survive the worst it can do to itself.

The Razor’s Edge

Larry Darrell is a young American in search of the absolute. The progress of his spiritual odyssey involves him with some of Maugham’s most brilliant characters – his fiancée Isabel whose choice between love and wealth have lifelong repercussions, and Elliott Templeton, her uncle, a classic expatriate American snob. Maugham himself wanders in and out of the story, to observe his characters struggling with their fates.

IDEAS: A HISTORY, From Wittgenstein to the World Wide Web, Two Volumes in Slipcase

Letters From A Stoic

For several years of his turbulent life, Seneca was the guiding hand of the Roman Empire. His inspired reasoning derived mainly from the Stoic principles, which had originally been developed some centuries earlier in Athens. This selection of Seneca’s letters shows him upholding the austere ethical ideals of Stoicism—the wisdom of the self-possessed person immune to overmastering emotions and life’s setbacks—while valuing friendship and the courage of ordinary men, and criticizing the harsh treatment of slaves and the cruelties in the gladiatorial arena. The humanity and wit revealed in Seneca’s interpretation of Stoicism is a moving and inspiring declaration of the dignity of the individual mind.

The Fish That Ate the Whale: The Life and Times of America’s Banana King

The fascinating, untold tale of Samuel Zemurray, the self-made banana mogul who went from penniless roadside banana peddler to kingmaker and capitalist revolutionary When Samuel Zemurray arrived in America in 1891, he was tall, gangly, and penniless. When he died in the grandest house in New Orleans sixty-nine years later, he was among the richest, most powerful men in the world. Working his way up from a roadside fruit peddler to conquering the United Fruit Company, Zemurray became a symbol of the best and worst of the United States: proof that America is the land of opportunity, but also a classic example of the corporate pirate who treats foreign nations as the backdrop for his adventures. Zemurray lived one of the great untold stories of the last hundred years. Starting with nothing but a cart of freckled bananas, he built a sprawling empire of banana cowboys, mercenary soldiers, Honduran peasants, CIA agents, and American statesmen. From hustling on the docks of New Orleans to overthrowing Central American governments and precipitating the bloody thirty-six-year Guatemalan civil war, the Banana Man lived a monumental and sometimes dastardly life. Rich Cohen’s brilliant historical profile The Fish That Ate the Whale unveils Zemurray as a hidden power broker, driven by an indomitable will to succeed.

The Master and His Emissary: The Divided Brain and the Making of the Western World

In a book of unprecedented scope–now available in a larger format—Iain McGilchrist presents a fascinating exploration of the differences between the brain’s left and right hemispheres, and how those differences have affected society, history, and culture. McGilchrist draws on a vast body of recent research in neuroscience and psychology to reveal that the difference is profound: the left hemisphere is detail oriented, while the right has greater breadth, flexibility, and generosity. McGilchrist then takes the reader on a journey through the history of Western culture, illustrating the tension between these two worlds as revealed in the thought and belief of thinkers and artists from Aeschylus to Magritte.

Things Fall Apart

Things Fall Apart tells two intertwining stories, both centering on Okonkwo, a “strong man” of an Ibo village in Nigeria. The first, a powerful fable of the immemorial conflict between the individual and society, traces Okonkwo’s fall from grace with the tribal world. The second, as modern as the first is ancient, concerns the clash of cultures and the destruction of Okonkwo’s world with the arrival of aggressive European missionaries. These perfectly harmonized twin dramas are informed by an awareness capable of encompassing at once the life of nature, human history, and the mysterious compulsions of the soul.

Decolonising the Mind: The Politics of Language in African Literature

Ngugi describes this book as ‘a summary of some of the issues in which I have been passionately involved for the last twenty years of my practice in fiction, theatre, criticism and in teaching of literature’.

The Origin of Wealth: The Radical Remaking of Economics and What it Means for Business and Society

Over 6.4 billion people participate in a $36.5 trillion global economy, designed and overseen by no one. How did this marvel of self-organized complexity evolve? How is wealth created within this system? And how can wealth be increased for the benefit of individuals, businesses, and society? In The Origin of Wealth, Eric D. Beinhocker argues that modern science provides a radical perspective on these age-old questions, with far-reaching implications. According to Beinhocker, wealth creation is the product of a simple but profoundly powerful evolutionary formula: differentiate, select, and amplify. In this view, the economy is a “complex adaptive system” in which physical technologies, social technologies, and business designs continuously interact to create novel products, new ideas, and increasing wealth. Taking readers on an entertaining journey through economic history, from the Stone Age to modern economy, Beinhocker explores how “complexity economics” provides provocative insights on issues ranging from creating adaptive organizations to the evolutionary workings of stock markets to new perspectives on government policies. A landmark book that shatters conventional economic theory, The Origin of Wealth will rewire our thinking about how we came to be here—and where we are going.

The Company of Strangers: A Natural History of Economic Life

The Company of Strangers shows us the remarkable strangeness, and fragility, of our everyday lives. This completely revised and updated edition includes a new chapter analyzing how the rise and fall of social trust explain the unsustainable boom in the global economy over the past decade and the financial crisis that succeeded it. Drawing on insights from biology, anthropology, history, psychology, and literature, Paul Seabright explores how our evolved ability of abstract reasoning has allowed institutions like money, markets, cities, and the banking system to provide the foundations of social trust that we need in our everyday lives. Even the simple acts of buying food and clothing depend on an astonishing web of interaction that spans the globe. How did humans develop the ability to trust total strangers with providing our most basic needs?

Understanding Media: The Extensions of Man

When first published, Marshall McLuhan’s Understanding Media made history with its radical view of the effects of electronic communications upon man and life in the twentieth century. This edition of McLuhan’s best-known book both enhances its accessibility to a general audience and provides the full critical apparatus necessary for scholars. In Terrence Gordon’s own words, “McLuhan is in full flight already in the introduction, challenging us to plunge with him into what he calls ‘the creative process of knowing.'” Much to the chagrin of his contemporary critics McLuhan’s preference was for a prose style that explored rather than explained. Probes, or aphorisms, were an indispensable tool with which he sought to prompt and prod the reader into an “understanding of how media operates” and to provoke reflection. In the 1960s McLuhan s theories aroused both wrath and admiration. It is intriguing to speculate what he might have to say 40 years later on subjects to which he devoted whole chapters such as Television, The Telephone, Weapons, Housing and Money. Today few would dispute that mass media have indeed decentralized modern living and turned the world into a global village.

Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition

Letters From A Self-made Merchant To His Son

Lorimer’s Letters From A Self-Made Merchant To His Son is a timeless collection of Gilded Age aphorisms from a rich man – a prosperous pork-packer in Chicago to his son, Pierrepont, whom he ‘affectionately’ calls ‘Piggy.’ The writing is subtle and brilliant.

The Song of the Dodo: Island Biogeography in an Age of Extinction

David Quammen’s book, The Song of the Dodo, is a brilliant, stirring work, breathtaking in its scope, far-reaching in its message — a crucial book in precarious times, which radically alters the way in which we understand the natural world and our place in that world. It’s also a book full of entertainment and wonders. In The Song of the Dodo, we follow Quammen’s keen intellect through the ideas, theories, and experiments of prominent naturalists of the last two centuries. We trail after him as he travels the world, tracking the subject of island biogeography, which encompasses nothing less than the study of the origin and extinction of all species. Why is this island idea so important? Because islands are where species most commonly go extinct — and because, as Quammen points out, we live in an age when all of Earth’s landscapes are being chopped into island-like fragments by human activity. Through his eyes, we glimpse the nature of evolution and extinction, and in so doing come to understand the monumental diversity of our planet, and the importance of preserving its wild landscapes, animals, and plants. We also meet some fascinating human characters. By the book’s end we are wiser, and more deeply concerned, but Quammen leaves us with a message of excitement and hope.

Guns, Germs, and Steel: The Fates of Human Societies

In this “artful, informative, and delightful” (William H. McNeill, New York Review of Books) book, Jared Diamond convincingly argues that geographical and environmental factors shaped the modern world. Societies that had had a head start in food production advanced beyond the hunter-gatherer stage, and then developed religion –as well as nasty germs and potent weapons of war –and adventured on sea and land to conquer and decimate preliterate cultures. A major advance in our understanding of human societies, Guns, Germs, and Steel chronicles the way that the modern world came to be and stunningly dismantles racially based theories of human history. Winner of the Pulitzer Prize, the Phi Beta Kappa Award in Science, the Rhone-Poulenc Prize, and the Commonwealth club of California’s Gold Medal.

World Order

Henry Kissinger offers in World Order a deep meditation on the roots of international harmony and global disorder. Drawing on his experience as one of the foremost statesmen of the modern era—advising presidents, traveling the world, observing and shaping the central foreign policy events of recent decades—Kissinger now reveals his analysis of the ultimate challenge for the twenty-first century: how to build a shared international order in a world of divergent historical perspectives, violent conflict, proliferating technology, and ideological extremism.

What Went Wrong?: The Clash Between Islam and Modernity in the Middle East

For centuries, the world of Islam was in the forefront of human achievement — the foremost military and economic power in the world, the leader in the arts and sciences of civilization. Christian Europe was seen as an outer darkness of barbarism and unbelief from which there was nothing to learn or to fear. And then everything changed. The West won victory after victory, first on the battlefield and then in the marketplace. In this elegantly written volume, Bernard Lewis, a renowned authority an Islamic affairs, examines the anguished reaction of the Islamic world as it tried to make sense of how it had been overtaken, overshadowed, and dominated by the West. In a fascinating portrait of a culture in turmoil, Lewis shows how the Middle East turned its attention to understanding European weaponry, industry, government, education, and culture. He also describes how some Middle Easterners fastened blame on a series of scapegoats, while others asked not “Who did this to us?” but rather “Where did we go wrong?”

Thinking, Fast and Slow

In the international bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation―each of these can be understood only by knowing how the two systems shape our judgments and decisions. Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives―and how we can use different techniques to guard against the mental glitches that often get us into trouble. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.

Pride and Prejudice

When Elizabeth Bennet first meets eligible bachelor Fitzwilliam Darcy, she thinks him arrogant and conceited; he is indifferent to her good looks and lively mind. When she later discovers that Darcy has involved himself in the troubled relationship between his friend Bingley and her beloved sister Jane, she is determined to dislike him more than ever. In the sparkling comedy of manners that follows, Jane Austen shows the folly of judging by first impressions and superbly evokes the friendships,gossip and snobberies of provincial middle-class life.

Living within Limits: Ecology, Economics, and Population Taboos

In Living Within Limits, Hardin focuses on the neglected problem of overpopulation, making a forceful case for dramatically changing the way we live in and manage our world. Our world itself, he writes, is in the dilemma of the lifeboat: it can only hold a certain number of people before it sinks–not everyone can be saved. The old idea of progress and limitless growth misses the point that the earth (and each part of it) has a limited carrying capacity; sentimentality should not cloud our ability to take necessary steps to limit population. But Hardin refutes the notion that goodwill and voluntary restraints will be enough. Instead, nations where population is growing must suffer the consequences alone. Too often, he writes, we operate on the faulty principle of shared costs matched with private profits. In Hardin’s famous essay, “The Tragedy of the Commons,” he showed how a village common pasture suffers from overgrazing because each villager puts as many cattle on it as possible–since the costs of grazing are shared by everyone, but the profits go to the individual. The metaphor applies to global ecology, he argues, making a powerful case for closed borders and an end to immigration from poor nations to rich ones. “The production of human beings is the result of very localized human actions; corrective action must be local….Globalizing the ‘population problem’ would only ensure that it would never be solved.” Hardin does not shrink from the startling implications of his argument, as he criticizes the shipment of food to overpopulated regions and asserts that coercion in population control is inevitable. But he also proposes a free flow of information across boundaries, to allow each state to help itself.

The Book: On the Taboo Against Knowing Who You Are

At the root of human conflict is our fundamental misunderstanding of who we are. The illusion that we are isolated beings, unconnected to the rest of the universe, has led us to view the “outside” world with hostility, and has fueled our misuse of technology and our violent and hostile subjugation of the natural world. In The Book, philosopher Alan Watts provides us with a much-needed answer to the problem of personal identity, distilling and adapting the ancient Hindu philosophy of Vedanta to help us understand that the self is in fact the root and ground of the universe. In this mind-opening and revelatory work, Watts has crafted a primer on what it means to be human—and a manual of initiation into the central mystery of existence.

The Cave and the Light: Plato Versus Aristotle, and the Struggle for the Soul of Western Civilization

Accessible, riveting, and eloquently written, The Cave and the Light provides a stunning new perspective on the Western world, certain to open eyes and stir debate.

How to Win Friends and Influence People

Dale Carnegie’s time-tested advice has carried millions upon millions of readers for more than seventy-five years up the ladder of success in their business and personal lives. Now the first and best book of its kind has been rebooted to tame the complexities of modern times and will teach you how to communicate with diplomacy and tact, capitalize on a solid network, make people like you, project your message widely and clearly, be a more effective leader, increase your ability to get things done, and optimize the power of digital tools.

Learn or Die: Using Science to Build a Leading-Edge Learning Organization

Learn or Die examines the process of learning from an individual and an organizational standpoint. From an individual perspective, the book discusses the cognitive, emotional, motivational, attitudinal, and behavioral factors that promote better learning. Organizationally, Learn or Die focuses on the kinds of structures, culture, leadership, employee learning behaviors, and human resource policies that are necessary to create an environment that enables critical and innovative thinking, learning conversations, and collaboration. The volume also provides strategies to mitigate the reality that humans can be reflexive, lazy thinkers who seek confirmation of what they believe to be true and affirmation of their self-image. Exemplar learning organizations discussed include the secretive Bridgewater Associates, LP; Intuit, Inc.; United Parcel Service (UPS); W. L. Gore & Associates; and IDEO.

The Righteous Mind: Why Good People Are Divided by Politics and Religion

As America descends deeper into polarization and paralysis, social psychologist Jonathan Haidt has done the seemingly impossible—challenged conventional thinking about morality, politics, and religion in a way that speaks to everyone on the political spectrum. Drawing on his twenty five years of groundbreaking research on moral psychology, he shows how moral judgments arise not from reason but from gut feelings. He shows why liberals, conservatives, and libertarians have such different intuitions about right and wrong, and he shows why each side is actually right about many of its central concerns. In this subtle yet accessible book, Haidt gives you the key to understanding the miracle of human cooperation, as well as the curse of our eternal divisions and conflicts. If you’re ready to trade in anger for understanding, read The Righteous Mind.

The Future of the Mind: The Scientific Quest to Understand, Enhance, and Empower the Mind

The Future of the Mind brings a topic that once belonged solely to the province of science fiction into a startling new reality. This scientific tour de force unveils the astonishing research being done in top laboratories around the world—all based on the latest advancements in neuroscience and physics—including recent experiments in telepathy, mind control, avatars, telekinesis, and recording memories and dreams. The Future of the Mind is an extraordinary, mind-boggling exploration of the frontiers of neuroscience. Dr. Kaku looks toward the day when we may achieve the ability to upload the human brain to a computer, neuron for neuron; project thoughts and emotions around the world on a brain-net; take a “smart pill” to enhance cognition; send our consciousness across the universe; and push the very limits of immortality.

The Lessons of History

With their accessible compendium of philosophy and social progress, the Durants take us on a journey through history, exploring the possibilities and limitations of humanity over time. Juxtaposing the great lives, ideas, and accomplishments with cycles of war and conquest, the Durants reveal the towering themes of history and give meaning to our own.

How To Lie With Statistics

Darrell Huff runs the gamut of every popularly used type of statistic, probes such things as the sample study, the tabulation method, the interview technique, or the way the results are derived from the figures, and points up the countless number of dodges which are used to full rather than to inform.

1984

1984 was George Orwell’s chilling prophecy about the future. And while 1984 has come and gone, Orwell’s narrative is timelier than ever. 1984 presents a startling and haunting vision of the world, so powerful that it is completely convincing from start to finish. No one can deny the power of this novel, its hold on the imaginations of multiple generations of readers, or the resiliency of its admonitions—a legacy that seems only to grow with the passage of time.

A Splendid Exchange: How Trade Shaped the World

Acclaimed by readers and critics around the globe, A Splendid Exchange is a sweeping narrative history of world trade—from Mesopotamia in 3000 B.C. to the firestorm over globalization today—that brilliantly explores trade’s colorful and contentious past and provides new insights into its future.

Anarchy, State, and Utopia

Translated into 100 languages, winner of the National Book Award, and named one of the 100 Most Influential Books since World War II by the Times Literary Supplement, Anarchy, State and Utopia remains one of the most theoretically trenchant and philosophically rich defenses of economic liberalism to date, as well as a foundational text in classical libertarian thought. With a new introduction by the philosopher Thomas Nagel, this revised edition will introduce Nozick and his work to a new generation of readers.

A Theory of Justice

Since it appeared in 1971, John Rawls’s A Theory of Justice has become a classic. The author has now revised the original edition to clear up a number of difficulties he and others have found in the original book. Rawls aims to express an essential part of the common core of the democratic tradition–justice as fairness–and to provide an alternative to utilitarianism, which had dominated the Anglo-Saxon tradition of political thought since the nineteenth century. Rawls substitutes the ideal of the social contract as a more satisfactory account of the basic rights and liberties of citizens as free and equal persons. “Each person,” writes Rawls, “possesses an inviolability founded on justice that even the welfare of society as a whole cannot override.” Advancing the ideas of Rousseau, Kant, Emerson, and Lincoln, Rawls’s theory is as powerful today as it was when first published.

The Arthashastra

Kautilya: The Arthashastra, published in 2000 by Penguin Classics is the English edition of the classic treatise on classical economics and political science by the ancient Indian philosopher Kautilya. The text of this great book includes 15 books, each addressing one topic pertaining to the state and its economy. The books include topics like the law, the king, foreign policy, discipline, capturing a fortress, and the duties of the government rulers. Kautilya explains in detail the duties and virtues of an ideal king. The descriptions include a break up of what the ideal king should do during the course of the day and how the king should behave in typical situations. The Arthashashtra also includes detailed strategies like gift, bribery, illusion, and strength to deal with the neighbouring countries. The other important sections of the book include maintenance of law and order in the state, forests and wildlife, and economic ideas. The book discusses how the Mauryans protected forest wealth, including trees and animals. The importance of maintaining law and order for smooth functioning of the state is also given importance.

Godel, Esher, Bach: An Eternal Golden Braid

Douglas Hofstadter’s book is concerned directly with the nature of “maps” or links between formal systems. However, according to Hofstadter, the formal system that underlies all mental activity transcends the system that supports it. If life can grow out of the formal chemical substrate of the cell, if consciousness can emerge out of a formal system of firing neurons, then so too will computers attain human intelligence. Gödel, Escher, Bach is a wonderful exploration of fascinating ideas at the heart of cognitive science: meaning, reduction, recursion, and much more.

Extraordinary Popular Delusions and the Madness of Crowds

This classic survey of crowd psychology offers an illuminating and entertaining look at three grand-scale swindles. Originally published in England in 1841, its remarkable tales of human folly reveal that the hysteria of the Wall Street Crash of 1929 and the junk-bonds frenzy of the 1980s were far from uniquely twentieth-century phenomena. The first of the financial scandals discussed, “The Mississippi Scheme,” concerns a disastrous eighteenth-century plan for the commercial exploitation of the Mississippi valley, where investors were lured by Louisiana’s repute as a region of gold and silver mountains. During the same era, thousands of English investors were ruined by “The South-Sea Bubble,” a stock exchange based on British trade with the islands of the South Seas and South America. The third episode involves Holland’s seventeenth-century “Tulipomania,” when people went into debt collecting tulip bulbs — until a sudden depreciation in the bulbs’ value rendered them worthless (except as flowers). Fired by greed and fed by naiveté, these historic investment strategies gone awry retain an irrefutable relevance for modern times. Extraordinary Popular Delusions is essential and enthralling reading for investors as well as students of history, psychology, and human nature.

Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life

Thinking Strategically is a crash course in outmaneuvering any rival. This entertaining guide builds on scores of case studies taken from business, sports, the movies, politics, and gambling. It outlines the basics of good strategy making and then shows how you can apply them in any area of your life.

The Einstein Factor: A Proven New Method for Increasing Your Intelligence

New research suggests that the superior achievements of famous thinkers may have been more the result of mental conditioning than genetic superiority. Now you can learn to condition your mind in the same way and improve your performance in virtually all aspects of mental ability, including memory, quickness, IQ, and learning capacity.

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Spring 2016 Reading List — More Curated Recommendations For a Curious Mind https://myvibez.link/spring-2016-reading/ Tue, 05 Apr 2016 11:00:53 +0000 https://www.farnamstreetblog.com/?p=27019 We hear a lot from people who want to read more. That’s a great sentiment. But it won’t actually happen until you decide what you’re going to do less of. We all get 24 hours a day and 7 days a week. It’s up to you how you’ll spend that time. For those who want …

The post Spring 2016 Reading List — More Curated Recommendations For a Curious Mind appeared first on Farnam Street.

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We hear a lot from people who want to read more. That’s a great sentiment. But it won’t actually happen until you decide what you’re going to do less of. We all get 24 hours a day and 7 days a week. It’s up to you how you’ll spend that time.

For those who want to spend it reading, we’ve come across a lot of great books so far this year. Here are seven recommendations across a variety of topics. Some are newer, some are older — true knowledge has no expiration date.

1. The Evolution of Everything

Matt Ridley is a longtime favorite. Originally a PhD zoologist, Ridley went on to write great books like The Red Queen and The Rational Optimist, and wrote for The Economist for a while. This book makes the argument for how trial-and-error style evolution occurs across a wide range of phenomena. I don’t know that I agree with all of it, but he’s a great thinker and a lot of people will really enjoy the book.

2. A Powerful Mind: The Self-Education of George Washington

What a cool book idea by Adrienne Harrison. There are a zillion biographies of GW out there, with Chernow’s getting a lot of praise recently. But Harrison narrows in on Washington’s self-didactic nature. Why did he read so much? How did he educate himself? Any self-motivated learner is probably going to enjoy this. We’ll certainly cover it here at some point.

3. The Tiger

A Ryan Holiday recommendation, The Tiger is the story of a man-eating tiger in Siberia. Like, not that long ago. Pretty damn scary, but John Vaillant is an amazing writer who not only tells the tale of the tiger-hunt, but weaves in Russian history, natural science, the relationship between man and predator over time, and a variety of other topics in a natural and interesting way. Can’t wait to read his other stuff. I read this in two flights.

4. The Sense of Style

This is such a great book on better writing, by the incomparable Steven Pinker. We have a post about it here, but it’s worth re-recommending. If you’re trying to understand great syntax in a non-dry and practical way — Pinker is careful to show that great writing can take many forms but generally shares a few underlying principles — this is your book. He weaves in some cognitive science, which must be a first for a style guide.

5. Creativity, Inc.: Overcoming the Unseen Forces That Stand in the Way of True Inspiration

I really loved this book. It’s written by Ed Catmull, who along with John Lasseter built the modern Pixar, which is now part of Disney. Catmull talks about the creative process at Pixar and how their movies go from a kernel of an idea to a beautiful and moving finished product. (Hint: It takes a long time.) Pixar is one of the more brilliant modern companies, and Bob Iger’s decision to buy it when he was named CEO of Disney ten years ago was a masterful stroke. I suspect Catmull and Lasseter are hugely responsible for the resurgence of Disney animation.

6. The Song Machine

This is a tough recommendation because it simultaneously fascinates and horrors me. The book is about the development of modern glossy pop music. I suspect anyone with an interest in music will be interested to see how this goes, with some people reading out of morbid curiosity and some because they want to learn more about the music they actually listen to. Pursue at your peril. I pulled out my old ’90s rock music to soothe myself.

7. Plato at the Googleplex

Does philosophy still matter? Rebecca Goldstein, who is a modern analytical philosopher, goes after this topic in a pretty interesting way by exploring what it’d be like if Plato were interacting with the modern world. Very quirky subject matter and approach, but I actually appreciated that. There’s a lot of cookie-cutter writing going on and Goldstein breaks out as she explores a timeless topic. Probably most reserved for those actually interested in philosophy, but even if you’re not, it might stretch your brain a bit.

Bonus Bestseller

Alexander Hamilton

Farnam Street related travel has brought me to quite a few airports recently. I make a habit of checking out the airport bookstores because bookstores are awesome. Recently, I noticed that Chernow’s biography of Hamilton was suddenly sitting amongst the bestsellers. Chernow’s books are amazing, but airport bestsellers? It wasn’t until I realized that Hamilton’s life had been turned into a massive smash hit Broadway play, based on the book, that everything clicked. In any case, if you want to learn about an amazing American life and also be “part of the conversation,” check out Hamilton.

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The Best Non-Fiction Books of 2015: The Year of the Biography https://myvibez.link/non-fiction-books-2015/ Mon, 30 Nov 2015 11:00:05 +0000 https://www.farnamstreetblog.com/?p=23514 One of my favorite sources of reading material is Tyler Cowen. He’s consistently finding exceptional things that I’ve never heard of. His 2015 non-fiction list is no exception. If he had to pick four favorites out of this list he would choose Musk, Kissinger, Thatcher, and Genghis Khan. (Also revisit his selections from 2014, 2013, and …

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One of my favorite sources of reading material is Tyler Cowen. He’s consistently finding exceptional things that I’ve never heard of. His 2015 non-fiction list is no exception.

If he had to pick four favorites out of this list he would choose Musk, Kissinger, Thatcher, and Genghis Khan. (Also revisit his selections from 2014, 2013, and 2012.)

Here is the entire list (in no order).

Kissinger: Volume I: The Idealist, 1923-1968 by Niall Ferguson.
Cowen calls this a “background on America being screwed up.” We were a little more verbose in a recent edition of Brain Food, writing : “We love everything about this book from the font and the way the pages are laid out to the wonderful content. Niall Ferguson offers a rich look at how Kissinger came to be one of the pre-eminent statesmen of the past 100 years. As good as Ferguson is—and he’s magical—it’s the excerpts from Kissinger that really ignite the fire in my mind. A perfect Christmas gift for the intellectually curious.”

Elon Musk: Tesla, Space X, and the Quest for a Fantastic Future
We’d love to have Musk on The Knowledge Project. If anyone can connect us …

Japan and the Shackles of the Past by R. Taggart Murphy
I’ve heard conflicting opinions on this book and Cowen seems to emphasize the last section, calling it “brilliant on current Japanese politics.”

Mastering ‘Metrics: The Path from Cause to Effect
We have a tendency to jump from cause to effect. This book offers the statistical tools to underpin doing that in system two thinking.

Economics Rules: The Rights and Wrongs of the Dismal Science by Dani Rodrik.
“In this sharp, masterfully argued book, Dani Rodrik, a leading critic from within, takes a close look at economics to examine when it falls short and when it works, to give a surprisingly upbeat account of the discipline.”

The English and Their History by Robert Tombs
“A startlingly fresh and a uniquely inclusive account of the people who have a claim to be the oldest nation in the world. The English first came into existence as an idea, before they had a common ruler and before the country they lived in even had a name. They have lasted as a recognizable entity ever since, and their defining national institutions can be traced back to the earliest years of their history.”

Misbehaving: The Making of Behavioral Economics by Richard H. Thaler
“Self-recommending,” says Cowen.

Guantánamo Diary, by Mohamedou Ould Slahi
The “first and only diary written by a still-imprisoned Guantánamo detainee.”

Genghis Khan: His Conquests, His Empire, His Legacy by Frank McLynn
“Mongol leader Genghis Khan was by far the greatest conqueror the world has ever known. His empire stretched from the Pacific Ocean to central Europe, including all of China, the Middle East, and Russia. So how did an illiterate nomad rise to such colossal power and subdue most of the known world, eclipsing Alexander the Great, Julius Caesar, and Napoleon? Credited by some with paving the way for the Renaissance, condemned by others for being the most heinous murderer in history, who was Genghis Khan?”

Hive Mind: How Your Nation’s IQ Matters So Much More Than Your Own by Garett Jones

Ivan Pavlov: A Russian Life in Science by Daniel P. Todes
“By the way,” Cowen teases, “the whole salivating dog at the bell story is a fiction.”

The Mahabarata, by Carole Satyamurti

The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression by Scott Sumner

Foolproof: Why Safety Can be Dangerous, and How Danger Makes Us Safe
“How the very things we create to protect ourselves, like money market funds or anti-lock brakes, end up being the biggest threats to our safety and wellbeing.”

In Manchuria: A Village Called Wasteland and the Transformation of Rural China by Michael Meyer
In a review of this book in the LA Review of Books, Adam Minter writes: “So long as there have been memoirs, potential memoirists have sought out difficult places in which they might learn about the people and history of the place and — ultimately — about themselves. In one sense, Meyer is no different. In Manchuria is a bet that the desolate plains of northeast China will be more interesting to him and his readers than they are to most Chinese, and even to most residents of Manchuria.”

Schubert’s Winter Journey: Anatomy of an Obsession by Ian Bostridge
“Completed in the last months of the young Schubert’s life, Winterreise has come to be considered the single greatest piece of music in the history of Lieder. Deceptively laconic—these twenty-four short poems set to music for voice and piano are performed uninterrupted in little more than an hour—it nonetheless has an emotional depth and power that no music of its kind has ever equaled.”

Bewilderments: Reflections on the Book of Numbers by Avivah Zornberg
More of Zornberg’s award winning commentary on the Torah.

North Korea Confidential: Private Markets, Fashion Trends, Prison Camps, Dissenters and Defectors by Daniel Tudor and James Pearson,
Insight into how things work there.

The Gates of Europe: A History of Ukraine by Serhii Plokhy
A good understanding of Ukraine’s storied past.

Hun Sen’s Cambodia by Sebastian Strangio
Cowen writes this “goes deep into a place most people are ignoring.”

The Almost Nearly Perfect People: Behind the Myth of the Scandinavian Utopia
“Journalist Michael Booth has lived among the Scandinavians for more than ten years, and he has grown increasingly frustrated with the rose-tinted view of this part of the world offered up by the Western media. ”

Black Earth: The Holocaust as History and Warning by Timothy Snyder
“A brilliant, haunting, and profoundly original portrait of the defining tragedy of our time.”

Who is Charlie: Xenophobia and the New Middle Class by Emmanuel Todd
“In the wake of the attack on the offices of Charlie Hebdo in Paris on 7 January 2015, millions took to the streets to demonstrate their revulsion, expressing a desire to reaffirm the ideals of the French Republic: liberté, égalité, fraternité. But who were the millions of demonstrators who were suddenly united under the single cry of ‘Je suis Charlie’?”

Landmarks by Robert MacFarlane
“How to talk, think, and write about the British countryside,” Cowen offers.

The Invention of Nature: Alexander von Humboldt’s New World
The foundations of modern environmentalism. He changed the way we see the world.

The Iran-Iraq War by Pierre Razoux
“From 1980 to 1988, Iran and Iraq fought the longest conventional war of the twentieth century. The tragedies included the slaughter of child soldiers, the use of chemical weapons, the striking of civilian shipping in the Gulf, and the destruction of cities. The Iran-Iraq War offers an unflinching look at a conflict seared into the region’s collective memory but little understood in the West.”

Margaret Thatcher: At her Zenith: In London, Washington, and Moscow, vol.2 of the biography, 1984-1987 by Charles Moore.
“This one I haven’t finished yet,” Cowen writes. “I ordered my copy advance from UK Amazon, it doesn’t come out in the U.S. until early January. There is some chance this is the very best book of the year.”

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The 2015 Farnam Street Members Book List https://myvibez.link/members-book-list/ Mon, 23 Nov 2015 11:00:11 +0000 https://www.farnamstreetblog.com/?p=23376 Today’s book list is based on recommendations by Farnam Street Members on Slack over the last few months. If you’re not familiar with it, our community on Slack is a discussion area for members, and one of our ongoing discussions is book recommendations. We’ve compiled and organized eleven of their favorite choices, especially ones we haven’t seen …

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Today’s book list is based on recommendations by Farnam Street Members on Slack over the last few months. If you’re not familiar with it, our community on Slack is a discussion area for members, and one of our ongoing discussions is book recommendations.

We’ve compiled and organized eleven of their favorite choices, especially ones we haven’t seen recommended elsewhere. Enjoy!

Three Men in a Boat by Jerome K. Jerome

“The book was initially intended to be a serious travel guide, with accounts of local history along the route, but the humorous elements took over to the point where the serious and somewhat sentimental passages seem a distraction to the comic novel. One of the most praised things about Three Men in a Boat is how undated it appears to modern readers – the jokes seem fresh and witty even today.”

The Happiness Hypothesis by Jonathan Haidt

“Haidt sifts Eastern and Western religious and philosophical traditions for other nuggets of wisdom to substantiate—and sometimes critique—with the findings of neurology and cognitive psychology.”

Black Box Thinking: Why Most People Never Learn from Their Mistakes, But Some Do by Matthew Syed

“Syed draws on a wide range of sources—from anthropology and psychology to history and complexity theory—to explore the subtle but predictable patterns of human error and our defensive responses to error. He also shares fascinating stories of individuals and organizations that have successfully embraced a black box approach to improvement, such as David Beckham, the Mercedes F1 team, and Dropbox.” (Pair with Mistakes were Made (But not by Me) by Carol Tavris to see how we rationalize our own mistakes.)

Gut Feelings: The Intelligence of the Unconscious by Gerd Gigerenzer

“Gigerenzer’s theories about the usefulness of mental shortcuts were a small but crucial element of Malcolm Gladwell’s bestseller Blink, and that attention has provided the psychologist, who is the director of the Max Planck Institute for Human Development in Berlin, the opportunity to recast his academic research for a general audience. The key concept—rules of thumb serve us as effectively as complex analytic processes, if not more so—is simple to grasp.” (Pair with Thinking Fast and Slow by Daniel Kahneman for a different approach.)

The Means of Ascent by Robert Caro

The second book in the Lyndon Johnson series, written by Robert Caro. This one tackles his service in WWII, building his fortune, and his 1948 election to the Senate, which Caro concludes that Johnson stole. Charlie Munger once commented that LBJ was important to study, simply because he never told the truth when a lie would do better. (Pair with the other books in the series.)

The Effective Engineer: How to Leverage Your Efforts In Software Engineering to Make a Disproportionate and Meaningful Impact by Edmond Lau

“The most effective engineers — the ones who have risen to become distinguished engineers and leaders at their companies — can produce 10 times the impact of other engineers, but they’re not working 10 times the hours.” Learn how a great engineer thinks, even if you’re not one yourself.

The Lunar Men: Five Friends Whose Curiosity Changed the World by Jenny Uglow

“In the 1760s a group of amateur experimenters met and made friends in the English Midlands. Most came from humble families, all lived far from the center of things, but they were young and their optimism was boundless: together they would change the world. Among them were the ambitious toymaker Matthew Boulton and his partner James Watt, of steam-engine fame; the potter Josiah Wedgwood; the larger-than-life Erasmus Darwin, physician, poet, inventor, and theorist of evolution (a forerunner of his grandson Charles). Later came Joseph Priestley, discoverer of oxygen and fighting radical.”

Fermat’s Enigma: The Epic Quest to Solve the World’s Greatest Mathematical Problem by Simon Sing

xn + yn = zn, where n represents 3, 4, 5, …no solution “I have discovered a truly marvelous demonstration of this proposition which this margin is too narrow to contain.” With these words, the seventeenth-century French mathematician Pierre de Fermat threw down the gauntlet to future generations.”  (Pair with Number: The Language of Science by Tobais Dantzig, about the development of mathematics over time by human culture.)

Things Hidden Since the Foundation of the World by René Girard

“An astonishing work of cultural criticism, this book is widely recognized as a brilliant and devastating challenge to conventional views of literature, anthropology, religion, and psychoanalysis.”

Deep Survival: Who Lives, Who Dies, and Why by Laurence Gonzales 

“Survivors, whether they’re jet pilots landing on the deck of an aircraft carrier or boatbuilders adrift on a raft in the middle of the Atlantic Ocean, share certain traits: training, experience, stoicism and a capacity for their logical neocortex (the brain’s thinking part) to override the primitive amygdala portion of their brains. Although there’s no surefire way to become a survivor, Gonzales does share some rules for adventure gleaned from the survivors themselves: stay calm, be decisive and don’t give up.”

The Presentation of Self in Everyday Life by Erving Goffman

Written in the 1950s, an interesting look at how we present ourselves to others in social settings, using analogies from dramatic theatre. Reminds us of Shakespeare: “All the world’s a stage.”

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Reads for the Curious Mind https://myvibez.link/summer-reads-for-the-curious-mind/ Tue, 04 Aug 2015 11:00:44 +0000 https://www.farnamstreetblog.com/?p=21388 Out of the 44 books I read from January to June, here are the 7 that resonated with me the most. (For the curious see the 2012, 2013, I can’t find the 2014 edition.) Pebbles of Perception: How a Few Good Choices make All the Difference — This book is an invitation to be curious, …

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Out of the 44 books I read from January to June, here are the 7 that resonated with me the most. (For the curious see the 2012, 2013, I can’t find the 2014 edition.)

  1. Pebbles of Perception: How a Few Good Choices make All the Difference — This book is an invitation to be curious, build character, and make better choices. Very much in line with the Farnam Street ethos — so much so that I’m mentioned in the acknowledgments. It belongs on your shelf next to Seeking Wisdom.
  2. Sit Like a Buddha: A Pocket Guide to Meditation — If I could encourage you to look into one thing to think and focus better, this would be it. This is an enormously powerful little book that will help you focus your mind, open your heart, and think with more insight. It’s short enough to consume over a glass of wine (or two) on the patio and simple enough that you’ll want to put it into practice.
  3. The Lessons of History — A concise book of lessons drawn from the survey of history. The book comes highly recommended by someone I met at the Berkshire Hathaway meeting. I can’t believe I haven’t read this before. I’ll be re-reading this a few times and I’ve started listening to the audio version in the car as well.
  4. The Three Marriages: Reimagining Work, Self and Relationship — A beautiful and thought-provoking book that argues we should stop thinking in terms of work-life balance. “Work-life balance is a concept that has us simply lashing ourselves on the back and working too hard in each of the three commitments. In the ensuing exhaustion we ultimately give up on one or more of them to gain an easier life.”
  5. How to Get Lucky: 13 Techniques for Discovering and Taking Advantage of Life’s Good Breaks — Some people are luckier than others and it’s not always by chance. Lucky people tend to position themselves in the path of luck. They take risks but not stupid ones. They know when to give up on love, stocks, and even opinions. A great read.
  6. Obvious Adams: The Story of a Successful Businessman — a short, yet important, book that I wish more people would read and think about. (You can find a pdf here.) In a nutshell, the book represents the mindset that “avoiding stupidity is easier than seeking brilliance.” It’s amazing what we see when we focus on the obvious insights that we’re missing because we’re trying too hard to grasp the esoteric.
  7. The Art of Stillness: Adventures in Going Nowhere — An excellent counterbalance to our endless diet of movement and stimulation.

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Books Everyone Should Read on Psychology and Behavioral Economics https://myvibez.link/books-psychology-behavioral-economics/ Tue, 28 Jul 2015 11:00:25 +0000 https://www.farnamstreetblog.com/?p=21348 Earlier this year, a prominent friend of mine was tasked with coming up with a list of behavioral economics book recommendations for the military leaders of a G7 country and I was on the limited email list asking for input. Yikes. While I read a lot and I’ve offered up books to sports teams and …

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Earlier this year, a prominent friend of mine was tasked with coming up with a list of behavioral economics book recommendations for the military leaders of a G7 country and I was on the limited email list asking for input.

Yikes.

While I read a lot and I’ve offered up books to sports teams and fortune 100 management teams, I’ve never contributed to something as broad as educating a nation’s military leaders. While I have a huge behavorial economics reading list, this wasn’t where I started.

Not only did I want to contribute, but I wanted to choose books that these military leaders wouldn’t normally have come across in everyday life. Books they were unlikely to have read. Books that offered perspective.

Given that I couldn’t talk to them outright, I was really trying to answer the question ‘what would I like to communicate to military leaders through non-fiction books?’ There were no easy answers.

I needed to offer something timeless. Not so outside the box that they wouldn’t approach it, and not so hard to find that those purchasing the books would give up and move on to the next one on the list. And it can’t be so big they get intimidated by the commitment to read. On top of that, you need a book that starts strong because, in my experience of dealing with C-level executives, they stop paying attention after about 20 pages if it’s not relevant or challenging them in the right way.

In short there is no one-size-fits-all but to make the biggest impact you have to consider all of these factors.

While the justifications for why people chose the books below are confidential, I can tell you what books were on the final email that I saw. I left one book off the list, which I thought was a little too controversial to post.

These books have nothing to do with military per se, rather they deal with enduring concepts like ecology, intuition, game theory, strategy, biology, second order thinking, and behavioral psychology. In short these books would benefit most people who want to improve their ability to think, which is why I’m sharing them with you.

If you’re so inclined you can try to guess which ones I recommended in the comments. Read wisely.

In no order and with no attribution:

  1. Risk Savvy: How to Make Good Decisions by Gerd Gigerenzer
  2. The Righteous Mind: Why Good People Are Divided by Politics and Religion by Jonathan Haidt
  3. The Checklist Manifesto: How to Get Things Right by Atul Gawande
  4. The Darwin Economy: Liberty, Competition, and the Common Good by Robert H. Frank
  5. David and Goliath: Underdogs, Misfits, and the Art of Battling Giants by Malcolm Gladwell
  6. Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions by Dan Ariely
  7. Thinking, Fast and Slow by Daniel Kahneman
  8. The Folly of Fools: The Logic of Deceit and Self-Deception in Human Life by Robert Trivers
  9. The Hour Between Dog and Wolf: Risk Taking, Gut Feelings and the Biology of Boom and Bust by John Coates
  10. Adapt: Why Success Always Starts with Failure by Tim Harford
  11. The Lessons of History by Will & Ariel Durant
  12. Poor Charlie’s Almanack
  13. Passions Within Reason: The Strategic Role of the Emotions by Robert H. Frank
  14. The Signal and the Noise: Why So Many Predictions Fail–but Some Don’t by Nate Silver
  15. Sex at Dawn: How We Mate, Why We Stray, and What It Means for Modern Relationships by Christopher Ryan & Cacilda Jetha
  16. The Red Queen: Sex and the Evolution of Human Nature by Matt Ridley
  17. Introducing Evolutionary Psychology by Dylan Evans & Oscar Zarate
  18. Filters Against Folly: How To Survive Despite Economists, Ecologists, and the Merely Eloquent by Garrett Hardin
  19. Games of Strategy (Fourth Edition) by Avinash Dixit, Susan Skeath & David H. Reiley, Jr.
  20. The Theory of Political Coalitions by William H. Riker
  21. The Evolution of War and its Cognitive Foundations (PDF) by John Tooby & Leda Cosmides.
  22. Fight the Power: Lanchester’s Laws of Combat in Human Evolution by Dominic D.P. Johnson & Niall J. MacKay.

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Rory Sutherland Offers 4 Interesting Reads https://myvibez.link/rory-sutherland-books/ Thu, 23 Jul 2015 11:00:03 +0000 http://www.farnamstreetblog.com/?p=21087 I asked Rory Sutherland (Vice Chairman: Ogilvy & Mather) what books stood out for him last year. I’ve had the privilege of chatting with Rory a few times now and I think you’ll agree, like most farnamstreeters not only is he exceptionally smart but he’s an awesome person. I think you’ll enjoy his reply: Gerd …

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I asked Rory Sutherland (Vice Chairman: Ogilvy & Mather) what books stood out for him last year. I’ve had the privilege of chatting with Rory a few times now and I think you’ll agree, like most farnamstreeters not only is he exceptionally smart but he’s an awesome person.

I think you’ll enjoy his reply:

Gerd Gigerenzer’s Risk Savvy: How to Make Good Decisions is a wonderful book; the concept of defensive decision-making which he describes within it is alone worth the cover price. As an additional bonus, you get a very valuable lesson in the interpretation of statistics, a field of mathematics which – I think it is now almost universally agreed – is given too little time and attention in schools.

Pathological Altruism, edited by Barbara Oakley et al, is a wonderfully broad book – but built around a single insight. That, just as apparently self-interested acts can have benign consequences, the reverse is also true. We tend to think that altruism is something to be maximised – but in fact it needs to be calibrated. A very important book.

Peter Thiel’s Zero to One: Notes on Startups, or How to Build the Future is an excellent book from someone who seems to understand what Fitzgerald called “the whole equation” of a business: in this case it isn’t movies but technology. A very enjoyable book of just the right length.

Finally I immensely enjoyed the manuscript of Richard Thaler’s upcoming book Misbehaving: The Making of Behavioral Economics. I have not laughed so much in ages as when reading his chapter describing how the Economics Faculty of the University of Chicago tried to agree on the allocation of offices in their new building. No, it did not go well.

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The Seven Books Bill Gates Thinks You Should Read This Summer https://myvibez.link/bill-gates-reading-summer/ Tue, 09 Jun 2015 11:30:43 +0000 http://www.farnamstreetblog.com/?p=20854 Bill Gates is out with his annual summer reading list and, while longer than last year’s, it’s a great place to kick off your summer reading. “Each of these books,” Gates writes, “made me think or laugh or, in some cases, do both. I hope you find something to your liking here.” Hyperbole and a …

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Bill Gates is out with his annual summer reading list and, while longer than last year’s, it’s a great place to kick off your summer reading.

“Each of these books,” Gates writes, “made me think or laugh or, in some cases, do both. I hope you find something to your liking here.”

Hyperbole and a Half, by Allie Brosh.

The book, based on Brosh’s wildly popular website, consists of brief vignettes and comic drawings about her young life. The adventures she recounts are mostly inside her head, where we hear and see the kind of inner thoughts most of us are too timid to let out in public. You will rip through it in three hours, tops. But you’ll wish it went on longer, because it’s funny and smart as hell. I must have interrupted Melinda a dozen times to read to her passages that made me laugh out loud.

The Magic of Reality, by Richard Dawkins.

Dawkins, an evolutionary biologist at Oxford, has a gift for making science enjoyable. This book is as accessible as the TV series Cosmos is for younger audiences—and as relevant for older audiences. It’s an engaging, well-illustrated science textbook offering compelling answers to big questions, like “how did the universe form?” and “what causes earthquakes?” It’s also a plea for readers of all ages to approach mysteries with rigor and curiosity. Dawkins’s antagonistic (and, to me, overzealous) view of religion has earned him a lot of angry critics, but I consider him to be one of the great scientific writer/explainers of all time.

What If?, by Randall Munroe.

The subtitle of the book is “Serious Scientific Answers to Absurd Hypothetical Questions,” and that’s exactly what it is. People write Munroe with questions that range over all fields of science: physics, chemistry, biology. Questions like, “From what height would you need to drop a steak for it to be cooked when it hit the ground?” (The answer, it turns out, is “high enough that it would disintegrate before it hit the ground.”) Munroe’s explanations are funny, but the science underpinning his answers is very accurate. It’s an entertaining read, and you’ll also learn a bit about things like ballistics, DNA, the oceans, the atmosphere, and lightning along the way.

XKCD, by Randall Munroe.

A collection of posts from Munroe’s blog XKCD, which is made up of cartoons he draws making fun of things—mostly scientists and computers, but lots of other things too. There’s one about scientists holding a press conference to reveal their discovery that life is arsenic-based. They research press conferences and find out that sometimes it’s good to serve food that’s related to the subject of the conference. The last panel is all the reporters dead on the floor because they ate arsenic. It’s that kind of humor, which not everybody loves, but I do.

On Immunity, by Eula Biss.

When I stumbled across this book on the Internet, I thought it might be a worthwhile read. I had no idea what a pleasure reading it would be. Biss, an essayist and university lecturer, examines what lies behind people’s fears of vaccinating their children. Like many of us, she concludes that vaccines are safe, effective, and almost miraculous tools for protecting children against needless suffering. But she is not out to demonize anyone who holds opposing views. This is a thoughtful and beautifully written book about a very important topic.

How to Lie With Statistics, by Darrell Huff.

I picked up this short, easy-to-read book after seeing it on a Wall Street Journal list of good books for investors. I enjoyed it so much that it was one of a handful of books I recommended to everyone at TED this year. It was first published in 1954, but aside from a few anachronistic examples (it has been a long time since bread cost 5 cents a loaf in the United States), it doesn’t feel dated. One chapter shows you how visuals can be used to exaggerate trends and give distorted comparisons—a timely reminder, given how often infographics show up in your Facebook and Twitter feeds these days. A useful introduction to the use of statistics, and a helpful refresher for anyone who is already well versed in it.

Should We Eat Meat?, by Vaclav Smil.

The richer the world gets, the more meat it eats. And the more meat it eats, the bigger the threat to the planet. How do we square this circle? Vaclav Smil takes his usual clear-eyed view of the whole landscape, from meat’s role in human evolution to hard questions about animal cruelty. While it would be great if people wanted to eat less meat, I don’t think we can expect large numbers of people to make drastic reductions. I’m betting on innovation, including higher agricultural productivity and the development of meat substitutes, to help the world meet its need for meat. A timely book, though probably the least beach-friendly one on this list.

Here is the video gates showed explaining the reads:

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Stephen King Shares His (Long) Reading List https://myvibez.link/stephen-king-reading-list/ Mon, 27 Apr 2015 11:30:18 +0000 http://www.farnamstreetblog.com/?p=20540 At any question and answer session, a reader inevitably asks  Stephen King what he reads. Everyone, myself included, wants to know what’s on Stephen King’s reading list. Now we know. In On Writing: A Memoir Of The Craft, he writes: I’ve never given a very satisfactory answer to that question, because it causes a kind of …

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At any question and answer session, a reader inevitably asks  Stephen King what he reads. Everyone, myself included, wants to know what’s on Stephen King’s reading list.

Now we know.

In On Writing: A Memoir Of The Craft, he writes:

I’ve never given a very satisfactory answer to that question, because it causes a kind of circuit overload in my brain. The easy answer—“Everything I can get my hands on” —is true enough, but not helpful. The list that follows provides a more specific answer to that question. These are the best books I’ve read over the last three or four years, the period during which I wrote The Girl Who Loved Tom Gordon, Hearts in Atlantis, On Writing, and … From a Buick Eight. In some way or other, I suspect each book in the list had an influence on the books I wrote.

As you scan this list, please remember that I’m not Oprah and this isn’t my book club. These are the ones that worked for me, that’s all. But you could do worse, and a good many of these might show you some new ways of doing your work. Even if they don’t, they’re apt to entertain you. They certainly entertained me.

There are about a hundred books that entertained and taught him, but here is Stephen King’s reading list. (Think combinatorial creativity applied to writing – You’re not going to be a great writer if you only read books from one genre.)

Abrahams, Peter: A Perfect Crime
Abrahams, Peter: Lights Out
Abrahams, Peter: Pressure Drop
Abrahams, Peter: Revolution #9
Agee, James: A Death in the Family
Bakis, Kirsten: Lives of the Monster Dogs
Barker, Pat: Regeneration
Barker, Pat: The Eye in the Door
Barker, Pat: The Ghost Road
Bausch, Richard: In the Night Season
Blauner, Peter: The Intruder
Bowles, Paul: The Sheltering Sky
Boyle, T. Coraghessan: The Tortilla Curtain
Bryson, Bill: A Walk in the Woods
Buckley, Christopher: Thank You for Smoking
Carver, Raymond: Where I’m Calling From
Chabon, Michael: Werewolves in Their Youth
Chorlton, Windsor: Latitude Zero
Connelly, Michael: The Poet
Conrad, Joseph: Heart of Darkness
Constantine, K. C.: Family Values
DeLillo, Don: Underworld
DeMille, Nelson: Cathedral
DeMille, Nelson: The Gold Coast
Dickens, Charles: Oliver Twist
Dobyns, Stephen: Common Carnage
Dobyns, Stephen: The Church of Dead Girls
Doyle, Roddy: The Woman Who Walked into Doors
Elkin, Stanley: The Dick Gibson Show
Faulkner, William: As I Lay Dying
Garland, Alex: The Beach
George, Elizabeth: Deception on His Mind
Gerritsen, Tess: Gravity
Golding, William: Lord of the Flies
Gray, Muriel: Furnace
Greene, Graham: A Gun for Sale (aka This Gun for Hire)
Greene, Graham: Our Man in Havana
Halberstam, David: The Fifties
Hamill, Pete: Why Sinatra Matters
Harris, Thomas: Hannibal
Haruf, Kent: Plainsong
Hoeg, Peter: Smilla’s Sense of Snow
Hunter, Stephen: Dirty White Boys
Ignatius, David: A Firing Offense
Irving, John: A Widow for One Year
Joyce, Graham: The Tooth Fairy
Judd, Alan: The Devil’s Own Work
Kahn, Roger: Good Enough to Dream
Karr, Mary: The Liars’ Club
Ketchum, Jack: Right to Life
King, Tabitha: Survivor
King, Tabitha: The Sky in the Water (unpublished)
Kingsolver, Barbara: The Poisonwood Bible
Krakauer, Jon: Into Thin Air
Lee, Harper: To Kill a Mockingbird
Lefkowitz, Bernard: Our Guys
Little, Bentley: The Ignored
Maclean, Norman: A River Runs Through It and Other Stories
Maugham, W. Somerset: The Moon and Sixpence
McCarthy, Cormac: Cities of the Plain
McCarthy, Cormac: The Crossing
McCourt, Frank: Angela’s Ashes
McDermott, Alice: Charming Billy
McDevitt, Jack: Ancient Shores
McEwan, Ian: Enduring Love
McEwan, Ian: The Cement Garden
McMurtry, Larry: Dead Man’s Walk
McMurtry, Larry, and Diana Ossana: Zeke and Ned
Miller, Walter M.: A Canticle for Leibowitz
Oates, Joyce Carol: Zombie
O’Brien, Tim: In the Lake of the Woods
O’Nan, Stewart: The Speed Queen
Ondaatje, Michael: The English Patient
Patterson, Richard North: No Safe Place
Price, Richard: Freedomland
Proulx, Annie: Close Range: Wyoming Stories
Proulx, Annie: The Shipping News
Quindlen, Anna: One True Thing
Rendell, Ruth: A Sight for Sore Eyes
Robinson, Frank M.: Waiting
Rowling, J. K.: Harry Potter and the Chamber of Secrets
Rowling, J. K.: Harry Potter and the Prisoner of Azkaban
Rowling, J. K.: Harry Potter and the Sorcerer’s Stone
Russo, Richard: Mohawk
Schwartz, John Burnham: Reservation Road
Seth, Vikram: A Suitable Boy
Shaw, Irwin: The Young Lions
Slotkin, Richard: The Crater
Smith, Dinitia: The Illusionist
Spencer, Scott: Men in Black
Stegner, Wallace: Joe Hill
Tartt, Donna: The Secret History
Tyler, Anne: A Patchwork Planet
Vonnegut, Kurt: Hocus Pocus
Waugh, Evelyn: Brideshead Revisited
Westlake, Donald E.: The Ax

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The Books That Influenced Edward O. Wilson https://myvibez.link/wilson-books-influenced/ Tue, 13 Jan 2015 12:00:28 +0000 http://www.farnamstreetblog.com/?p=19966 Too often life gets in the way of reading and thinking. Rarely are we given a chance to look back at what influenced our thinking. Sometimes these are small fragments — words, thoughts, marginalia, ideas, or even a book. The Harvard Guide to Influential Books: 113 Distinguished Harvard Professors Discuss the Books That Have Helped …

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Too often life gets in the way of reading and thinking. Rarely are we given a chance to look back at what influenced our thinking. Sometimes these are small fragments — words, thoughts, marginalia, ideas, or even a book.

The Harvard Guide to Influential Books: 113 Distinguished Harvard Professors Discuss the Books That Have Helped to Shape Their Thinking contains an annotated listing of the books that mattered to over a hundred Harvard University faculty members along with some commentary on why.

Here is Pulitzer-winning writer and naturalist E.O. Wilson’s contribution.

I was an adolescent, from fifteen to eighteen years of age, when I encountered the books that were to have the most profound and lasting influence on my life. Thereafter I read thousands of books, many of equal or superior quality, and put most to good use; but I have to confess that individually they have had a steadily declining effect on my world view, style and ambition. Hence I can only offer you works that might, either literally or as examples of a genre, influence a certain kind of young person to take up a career as a biologist and naturalist. More I cannot promise.

Lost World by Sir Arthur Conan Doyle

Even as a small child I dreamed of going on faraway expeditions to collect insects and other animals. This book set my imagination on fire, and I was thereafter a nesiophile, a lover of islands, the concrete symbols of new worlds awaiting exploration. The compulsion was one of the mental factors that led me in later years to develop (with Robert H. MacArthur) the theory of island biogeography, which has become an influential part of ecology.

Heredity and Its Variability by Trofim D. Lysenko

Although I was later to see Lysenkoism for what it was, false in conception, political in aim, and very nearly the death of Soviet genetics, I was enchanted by this little book when I encountered it at the age of sixteen. It appealed to my mood of rebelliousness. It seemed to me that Lysenko was offering a radical and effective challenge to conventional science, and that even the callow and inexperienced might have a chance to proceed directly to new realms of discovery.

An Essay on Morals by Philip Wylie

When I was a seventeen-year-old college student, these Menckenesque essays broke me out of the fundamentalist Protestant faith in which I had been raised and moved me toward the secular humanism with which I increasingly identify today. I still find Wylie a delightful read.

Arrowsmith by Sinclair Lewis

The perfect young man’s book: a vision of a pure life devoted to the search for scientific truth, above money grubbing and hypocrisy. How I longed to be like Arrowsmith, to find my mentor in a real Gottlieb. The feeling was intensified when I discovered Jack London’s Martin Eden shortly afterward.

What Is Life? by Erwin Schrodinger

This taut little book, which I encountered as a college freshman, invited biologists to think of life in more purely physical terms. Schrodinger was right of course, as witness the rise of molecular biology soon afterward. For me his arguments suggested delicious mysteries and great challenges. (Later, I was especially pleased when a reviewer likened my own book Genes, Mind, and Culture, published with C. J. Lumsden in 1981, to What Is Life? saying that it offered a comparable challenge from biology to the social sciences.)

Systematics and the Origin of Species from the Viewpoint of a Zoologist by Ernst Mayr

By defining the biological species in strong, vital language and connecting the process of species formation to genetics, Mayr opened a large part of natural history to a more scientific form of analysis. This is an example of a very heuristic work, which invited young scientists to join an exciting quest in field research. More than forty years after its publication, I am still wholly involved in this effort.

Meditations by Marcus Aurelius

I hope that I have not missed the editors’ purpose entirely by listing books that affected one rather rebellious adolescent in the 1940s, but I was quite surprised myself when I came up with this list after careful reflection. Let me make partial amends by citing the work that I pull off the shelf most often, and gives me the greatest pleasure, now that I am in my fifties: Meditations, by Marcus Aurelius. For this work reflects the point to which I have come, in company with such a magnificent spirit who “bears in mind that all that is rational is akin, and that it is in man’s nature to care for all men, and that we should not embrace the opinion of all, but of those alone who live in conscious agreement with Nature.

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Best Books for Investors: A Short Shelf https://myvibez.link/jason-zweig-best-books-for-investors/ Thu, 11 Dec 2014 12:00:50 +0000 http://www.farnamstreetblog.com/?p=19584 I’ve already outlined 12 books the sophisticated investor should read. Now Jason Zweig, Knowledge Project Guest and author of Your Money and Your Brain, chimes in with the books he recommends for investors. (If you’re not looking to be a practitioner, I’d recommend reading Buffettology, which is very under-appreciated). Gary Belsky and Thomas Gilovich, Why …

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I’ve already outlined 12 books the sophisticated investor should read.

Now Jason Zweig, Knowledge Project Guest and author of Your Money and Your Brain, chimes in with the books he recommends for investors.

(If you’re not looking to be a practitioner, I’d recommend reading Buffettology, which is very under-appreciated).

Gary Belsky and Thomas Gilovich, Why Smart People Make Big Money Mistakes and How to Correct Them

In clear, simple prose, Belsky and Gilovich explain some of the most common quirks that cause people to make foolish financial decisions. If you read this book, you should be able to recognize most of them in yourself and have a fighting chance of counteracting some of them. Otherwise, you will end up learning about your cognitive shortcomings the hard way: at the Wall Street campus of the School of Hard Knocks.

Peter L. Bernstein, Against the Gods: The Remarkable Story of Risk

The late polymath Peter Bernstein poured a long lifetime of erudition and insight into this intellectual history of risk, luck, probability and the problems of trying to forecast what the future holds. Combining a stupendous depth of research with some of the most elegant prose ever written about finance, Bernstein chronicles the halting human march toward a better understanding of risk—and reminds us that, after centuries of progress, we still have a long way to go.

John C. Bogle, Common Sense on Mutual Funds

The founder of the Vanguard Group and father of the index-fund industry methodically sorts fact from fiction. Following his logical arguments can benefit you even if you never invest in a mutual fund, since Bogle touches on just about every crucial aspect of investing, including taxes, trading costs, diversification, performance measurement and the power of patience.

Elroy Dimson, Paul Marsh and Mike Staunton, Triumph of the Optimists

Neither light reading nor cheap (it’s hard to find online for less than about $75), this book is the most thoughtful and objective analysis of the long-term returns on stocks, bonds, cash and inflation available anywhere, purged of the pom-pom waving and statistical biases that contaminate other books on the subject. The sober conclusion here: Stocks are likely, although not certain, to be the highest-performing asset over the long run. But if you overpay at the top of a bull market, your future returns on stocks will probably be poor.

Richard Feynman, Surely You’re Joking, Mr. Feynman! or What Do You Care What Other People Think?

These captivating oral histories of the great Nobel Prize-winning physicist ostensibly have nothing to do with investing. In my view, however, the three qualities an investor needs above all others are independence, skepticism and emotional self-control. Reading Feynman’s recollections of his career of intellectual discovery, you’ll see how hard he worked at honing his skepticism and learning to think for himself. You’ll also be inspired to try emulating him in your own way.

Benjamin Graham, The Intelligent Investor

Originally published in 1949, called by Warren Buffett “by far the best book on investing ever written,” this handbook covers far more than just how to determine how much a company’s stock is worth. Graham discusses how to allocate your capital across stocks and bonds, how to analyze mutual funds, how to take inflation into account, how to think wisely about risk and, especially, how to understand yourself as an investor. After all, as Graham wrote, “the investor’s chief problem—and even his worst enemy—is likely to be himself.” (Disclosure: I edited the 2003 revised edition and receive a royalty on its sales.) Advanced readers can move on to Benjamin Graham and David Dodd, Security Analysis, the much longer masterpiece upon which The Intelligent Investor is based.

Darrell Huff, How to Lie with Statistics

This puckish riff on how math can be manipulated is only 142 pages; most people could read it on a train ride or two, or in an afternoon at the beach. As light as the book is, however, it is nevertheless profound. In one short take after another, Huff picks apart the ways in which marketers use statistics, charts, graphics and other ways of presenting numbers to baffle and trick the public. The chapter “How to Talk Back to a Statistic” is a brilliant step-by-step guide to figuring out how someone is trying to deceive you with data.

Daniel Kahneman, Thinking, Fast and Slow

Successful investing isn’t about outsmarting the next guy, but rather about minimizing your own stupidity. Psychologist Daniel Kahneman, who shared the Nobel Prize in Economics in 2oo2, probably understands how the human mind works better than anyone else alive. This book can make you think more deeply about how you think than you ever thought possible. As Kahneman would be the first to say, that can’t inoculate you completely against your own flaws. But it can’t hurt, and it might well help. (Disclosure: I helped Kahneman research, write and edit the book, although I don’t earn any royalties from it.)

Charles P. Kindleberger, Manias, Panics, and Crashes

In this classic, first published in 1978, the late financial economist Charles Kindleberger looks back at the South Sea Bubble, Ponzi schemes, banking crises and other mass disturbances of purportedly efficient markets. He explores the common features of market disruptions as they build and burst. If you remember nothing from the book other than Kindleberger’s quip, “There is nothing so disturbing to one’s well-being and judgment as to see a friend get rich,” you are ahead of the game.

Roger Lowenstein, Buffett: The Making of an American Capitalist

This book remains the most comprehensive and illuminating study of Warren Buffett’s investing and analytical methods, covering his career in remarkable detail up until the mid-1990s. If you read it in conjunction with Alice Schroeder’s The Snowball, you will have a fuller grasp on what makes the world’s greatest investor tick.

Burton G. Malkiel, A Random Walk Down Wall Street

In this encyclopedic and lively book, Malkiel, a finance professor at Princeton University, bases his judgments on rigorous and objective analysis of long-term data. The first edition, published in 1973, is widely credited with helping foster the adoption of index funds. The latest edition casts a skeptical eye on technical analysis, “smart beta” and other market fashions.

Bertrand Russell, Sceptical Essays or The Scientific Outlook

Russell is Buffett’s favorite philosopher, and these short essay collections show why. Russell wrote beautifully and thought with crystalline clarity. Immersing yourself in his ideas will sharpen your own skepticism. My favorite passage: “When a man tells you that he knows the exact truth about anything, you are safe in inferring that he is an inexact man…. It is an odd fact that subjective certainty is inversely proportional to objective certainty. The less reason a man has to suppose himself in the right, the more vehemently he asserts that there is no doubt whatever that he is exactly right.” Think about that the next time a financial adviser begins a sentence with the words “Studies have proven that….”

Alice Schroeder, The Snowball: Warren Buffett and the Business of Life

With unprecedented access to Buffett, Schroeder crafted a sensitive, personal and insightful profile, focusing even more on him as a person than as an investor—and detailing the remarkable sacrifices he made along the way. If you read it alongside Lowenstein’s Buffett, you will have an even deeper understanding of the master.

Fred Schwed, Where Are the Customers’ Yachts?

First published in 1940, this is the funniest book ever written about investing—and one of the wisest. Schwed, a veteran of Wall Street who survived the Crash of 1929, knew exactly how the markets worked back then. Nothing has changed. Turning to any page at random, you will find gleefully sarcastic observations that ring at least as true today as they did three-quarters of a century ago. My favorite: “At the end of the day [fund managers] take all the money and throw it up in the air. Everything that sticks to the ceiling belongs to the clients.”

“Adam Smith,” The Money Game

In the late 1960s, the stock market was dominated by fast-talking, fast-trading young whizzes. The former money manager George J.W. Goodman, who wrote under the pen name “Adam Smith,” christened them “gunslingers.” In this marvelously entertaining book, Goodman skewers the pretensions, guesswork and sheer hogwash of professional money management. Reading his mockery can help sharpen your own skepticism toward the next great new investing idea—which almost certainly will turn out to be neither great nor new.

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The Surprising Books That Billionaires, Chess Prodigies, Performance Coaches, and Bestselling Authors Recommend https://myvibez.link/tim-ferriss-the-books-that-mentor/ Mon, 01 Dec 2014 11:00:48 +0000 http://www.farnamstreetblog.com/?p=19437 One question Tim Ferriss, the author of The Four Hour Workweek, asks people on his podcast is “What book have you gifted most often to others, and why?” This is one of my favorite parts of the show. Below are some of the answers from people like Tony Robbins that might catch your attention. Thanks …

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One question Tim Ferriss, the author of The Four Hour Workweek, asks people on his podcast is “What book have you gifted most often to others, and why?”

This is one of my favorite parts of the show.

Below are some of the answers from people like Tony Robbins that might catch your attention. Thanks to this list, I just got a lot of my Christmas shopping done.

Before we get to that though, let’s recap the books that Tim has recommended.

Ok, now it is time for Tim’s podcasts guests to take over. Here are some of the ones that caught my eye. While I’ve read a lot of these, there were some very interesting new finds. I ended up ordering several books.

Kevin Kelly, the founding editor of WIRED magazine, recommends:

Tony Robbins, performance coach to Bill Clinton, Serena Williams, Paul Tudor Jones, Leonardo DiCaprio, Oprah Winfrey, and a bunch of other people you’ve heard of, recommends:

Neil Strauss has written 7 New York Times bestsellers. He offers:

Ryan Holiday is an author and the media strategist behind authors Tucker Max and Robert Greene. Ryan might be the only person I know who consistently reads more than I do. He recommends:

Ramit Sethi is a personal finance advisor and entrepreneur. Sethi is the author of the 2009 book on personal finance, I Will Teach You To Be Rich, a New York Times Bestseller. He recommends:

Not enough? See what Elon Musk, Peter Thiel, and Bill Gates recommend.

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The book I give away most often is Peter Bevelin’s Seeking Wisdom and Robin Dreeke’s It’s Not All About Me: The Top Ten Techniques for Building Quick Rapport with Anyone.

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Elon Musk Recommends 12 Books that Changed his Life https://myvibez.link/elon-musk-book-recommendations/ Wed, 12 Nov 2014 13:00:24 +0000 http://www.farnamstreetblog.com/?p=19321 Elon Musk, the billionaire behind Tesla and SpaceX, is often praised for his brilliance, bold vision, and problem-solving approach. After meeting him, people often say, “He’s the smartest guy I’ve ever met.” Charlie Munger called Musk “a genius” and “one of the boldest men that ever came down the pike” at the 2014 Daily Journal …

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Elon Musk, the billionaire behind Tesla and SpaceX, is often praised for his brilliance, bold vision, and problem-solving approach.

After meeting him, people often say, “He’s the smartest guy I’ve ever met.” Charlie Munger called Musk “a genius” and “one of the boldest men that ever came down the pike” at the 2014 Daily Journal Meeting.

Whenever anyone asks how he learned to build rockets, Musk replies that he read books. He doesn’t just read them; he devours them.

Here are some of the most important recommendations Musk has made throughout the years:

Science Fiction: “In terms of sci-fi books, I think Isaac Asimov is really great. I like the Foundation series, probably one of the all-time best. Robert Heinlein, obviously. I like The Moon Is a Harsh Mistress and I like Stranger in a Strange Land, although it kind of goes off the rails at the end.”

Biographies: Musk recommends Benjamin Franklin: An American Life and Einstein: His Life and Universe, both by Walter Isaacson. He recently enjoyed Howard Hughes: His Life and Madness by Donald L. Barlett and James B. Steele, calling it a “cautionary tale.”

Business and Technology: Musk suggests Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel, his former colleague. He also tweeted about Superintelligence: Paths, Dangers, Strategies by Nick Bostrom, warning that AI could be “potentially more dangerous than nukes.”

Structural Design: “There’s a good book on structural design called Structures: Or Why Things Don’t Fall Down. It is really, really good if you want a primer on structural design.”

He also went on at some length about The Hitchhiker’s Guide to the Galaxy in an interview where he explained why it was a key book for him:

Alison van Diggelen: I understand Hitchhikers Guide to the Galaxy, that wonderful book by Douglas Adams, that was a key book for you. What was it about that book that fired your imagination?

Elon Musk: I guess when I was around 12 or 15 … I had an existential crisis, and I was reading various books on trying to figure out the meaning of life and what does it all mean? It all seemed quite meaningless and then we happened to have some books by Nietzsche and Schopenhauer in the house, which you should not read at age 14 (laughter). It is bad, it’s really negative. So then I read Hitchhikers Guide to the Galaxy which is quite positive I think and it highlighted an important point which is that a lot of times the question is harder than the answer. And if you can properly phrase the question, then the answer is the easy part. So, to the degree that we can better understand the universe, then we can better know what questions to ask. Then whatever the question is that most approximates: what’s the meaning of life? That’s the question we can ultimately get closer to understanding. And so I thought to the degree that we can expand the scope and scale of consciousness and knowledge, then that would be a good thing.”

Finally, we get to the part about actual rocket science. “There is a good book on rocket stuff called Ignition! by John Clark that’s a really fun one.”

The secret to Elon’s success isn’t simply reading books; he knows how to read for knowledge.

Still Curious? Check out Charlie Mungers Book Recommendations.

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Peter Thiel Recommends 7 Reads https://myvibez.link/peter-thiel-favorite-reads/ Tue, 04 Nov 2014 13:00:36 +0000 http://www.farnamstreetblog.com/?p=19314 Eccentric billionaire Peter Thiel’s book Zero To One should be required reading for Farnam Street readers. Like The Hard Thing About Hard Things, it’s nice to see another business leader come out and write about life in the trenches in their own voice. I pointed out eight lessons that I took away, although there are …

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Eccentric billionaire Peter Thiel’s book Zero To One should be required reading for Farnam Street readers. Like The Hard Thing About Hard Things, it’s nice to see another business leader come out and write about life in the trenches in their own voice. I pointed out eight lessons that I took away, although there are many more hidden in the book.

In 2012 the Wall Street Journal asked him which books he enjoyed most in 2012, he responded with the following three suggestions:

100 Plus, Sonia Arrison

.. was first published in 2011, but its message is evergreen: how scientists are directly attacking the problem of aging and death and why we should fight for life instead of accepting decay as inevitable. The goal of longer life doesn’t just mean more years at the margin; it means a healthier old age. There is nothing to fear but our own complacency.

Bloodlands, Timothy Snyder

… He tells how the Nazis and the Soviets drove each other to ever more murderous atrocities as they fought to dominate Eastern Europe in the 1930s and ’40s. Even as he calculates the death toll painstakingly, Mr. Snyder reminds us that the most important number is one: Each victim was an individual whose life cannot be reduced to the violence that cut it short.

Resurrection From the Underground, René Girard

… the great French thinker René Girard’s classic study of Fyodor Dostoevsky …. There is no better way to think about human irrationality than to read Dostoevsky, and there is no better reader of Dostoevsky than Mr. Girard. For a fresh application of Mr. Girard’s insights into power politics, that great international theater of irrationality, try Jean-Michel Oughourlian’s “Psychopolitics,” a brief, freewheeling 2012 work by one of Mr. Girard’s closest collaborators.

Of course those were only his favorite books that year. So what then influenced his thinking overall? Luckily he answered this question in a Reddit AMA. Prefacing his response with “I like the genre of past books written about the future,” he went on to list four books:

New Atlantis by Francis Bacon
Bacon writes of a utopian land called Bensalem where people live better lives because of science. Bacon “focuses on the duty of the state toward science, and his projections for state-sponsored research anticipate many advances in medicine and surgery, meteorology, and machinery.” Keep in mind this was written in 1627.

The American Challenge by Jean-Jacques Servan-Schreiber
A book that foresaw the information age. Here is a powerful quote from the book: “The signs and instruments of power are no longer armed legions or raw materials or capital… The wealth we seek does not lie in the earth or in numbers of men or in machines, but in the human spirit. And particularly in the ability of men to think and to create.”

The Great Illusion A Study of the Relation of Military Power to National Advantage
I’d never heard of this book before now, but as one Amazon reviewer summed it up: “(this is) a tightly reasoned and broadly historical perspective challenging the reigning view that man’s nature is inherently evil and that evil nature must dictate human relations.”

The Diamond Age: Or, a Young Lady’s Illustrated Primer
I started reading this once and was mesmerized by Stephenson’s imaginative future world. If you like artificial intelligence and nanotechnology, this is the book for you.

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What Book has the Most Page-for-Page Wisdom? https://myvibez.link/the-most-page-for-page-wisdom/ Tue, 14 Oct 2014 12:00:35 +0000 http://www.farnamstreetblog.com/?p=19196 Here is what happened when I asked twenty-seven thousand people “What is page for page the book with the most wisdom you’ve ever read?” My thinking was, and still is, that you need to filter what you read. Reading, I mean really reading, is not simple. It’s time consuming. So aside from finding time and …

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Here is what happened when I asked twenty-seven thousand people “What is page for page the book with the most wisdom you’ve ever read?”

My thinking was, and still is, that you need to filter what you read. Reading, I mean really reading, is not simple. It’s time consuming. So aside from finding time and remembering what you read, you want to make sure you’re reading the right things. There are a few approaches to this filtering.

One is to employ the Lindy Effect. But another approach that I use personally is, and this is really going to sound simple, to ask smart people what they’re reading, what they learned from, or, in this case, what book has the most page-per-page wisdom.

The results are often surprising and I usually find one or two books that I’ve never heard of that offer a lot of value.

In no particular order, here is what twitter had to say:

Seeking Wisdom, by Peter Bevelin
This is number 8 on the list of books that changed my life. It is also the book I give away most often, sending innumerable copies around the globe.

Cosmos, by Carl Sagan
This is one of the best-selling science books of all time. I’ve never read it, so I ordered it after reading the blurb: “retraces the fourteen billion years of cosmic evolution that have transformed matter into consciousness, exploring such topics as the origin of life, the human brain, Egyptian hieroglyphics, spacecraft missions, the death of the Sun, the evolution of galaxies, and the forces and individuals who helped to shape modern science.”

To Kill a Mockingbird, by Harper Lee
A book that a lot of people, myself included, talk about but have never read. It’s time to change that.

Do the Work!, by Steven Pressfield
I liked Pressfield’s, The War of Art enough to pick this manifesto arguing that ideas are not enough, you actually have to do the work.

Zen and the Art of Motorcycle Maintenance by Robert Pirsig
I’ve picked this book up at least 3 different times in my life and stopped reading it for one reason or another. Considered a cult classic by many, I haven’t found the right time to read it … yet.

The Conquest of Happiness, Bertrand Russell
First published in 1930, this book attempts to “diagnose the myriad causes of unhappiness in modern life and chart a path out of the seemingly inescapable malaise.” The book remains as relevant today as ever, and in this edition Daniel Dennett, who showed us how to how to criticize with kindness, re-introduces Russell’s wisdom to a new generation of readers and thinkers calling the work “a prototype of the flood of self-help books that have more recently been published, few of them as well worth reading today as Russell’s little book.”

This is Water by David Foster Wallace
This is one of the best things you will ever read (and hopefully periodically re-read). I wholeheartedly agree with this selection.

Meditations, by Marcus Aurelius
Another of the books that changed my life and also one of the books that I gave away at the Re:Think Innovation workshop. Translation matters enormously with this book, get this one.

Letters from a Stoic, Seneca
Love love love. As relevant today as it was when it was written.

Influence: The Psychology of Persuasion by Robert Cialdini
The person who recommended this book said “you can’t throw away any one page of this book.” You can read a quick overview of the book, but I’d recommend digging in.

Dr Seuss, Oh, The Places You’ll Go!
I agree. Don’t write it off because it’s a kids’ book. I love this book.

An Intimate History of Humanity, by Theodore Zeldin
I’d never heard of this work exploring the evolution of emotions before. Time magazine called it “An intellectually dazzling view of our past and future.”

The Road Less Traveled, M. Scott Peck
I’d never heard of this book (seriously) either and it’s sold 7 million copies. A book to “help us explore the very nature of loving relationships and lead us toward a new serenity and fullness of life.”

The Hitchhiker’s Guide to the Galaxy, by Douglas Adams
“For all the answers, stick your thumb to the stars!”

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