Wednesday, December 13, 2006

Recommendations

Post book titles, author, and recommendation source (classmate, guest speaker, etc.) as well as other areas of interest.

2 comments:

Zuck said...

From the 1st Term --

One from Fisman:
The Evolution of Cooperation, by
Robert Axelrod.
Axelrod also has other books worth reading but this is a start.

From Accounting:
Financial Shenanigans
by Howard Shilit

The Financial Numbers Game
by Mulford & Comiskey

Shilit, Mulford & Comiskey have some of the best stuff out there on the accounting games.

Zuck said...

From the 2nd Term:

From Macro:

Economic History/Growth Theory

Birth of Plenty
by William Bernstein
-- great economic history of what happened to get from 0% economic growth to about 2% per year in the mid-1800's.

The Great Wave
David Hackett Fischer
[price revolutions and the rhythm of history]

A History of Interest Rates
2000 BC to the Present
Sidney Homer
-- great for any finanace or history geeks...

Illicit
Moses Naim
-- smuggling and copycats in the digital economy (that other 30% - 90% of EVERY economy)

I think that covers different angles on macro....

For Finane:

Running Money
Andy Kessler
-- also wrote Wall Street Meat & has blog www.andykessler.com, colorful & intelligent.

More Than You
Michael Mauboussin

Fortunes Formula
William Poundstone
-- kelley criterion. gambling, mob & finance...

The Money Game
Adam Smith
-- also wrote Supermoney -- old commentator from the 60's & early 70's on markets... colorful fun read...

Capital Ideas
Peter Bernstein
-- great history of finance and the capital markets...

Adventures of a Bystander
Peter Drucker
-- Drucker's autobiography of sorts, this is the guy who invented modern management & it's really just a set of great stories... I think the one about uncle henry & profit is my favorite...

The Origin & Evolution of New Businesses
by Amar Bhide
-- I think one of the best books on competition and business strategy. Studies the Inc 500, and is well written -- columbia prof.

Classics: An Investor's Anthology
edited by Charles D. Ellis w/ James Vertin
-- published by AIMR, full of short pithy pieces about investing

The Education of a Speculator
Victor Niederhoffer
-- even though niederhoffer went BK like LTCM, the book is still a great read and he's a bright guy. Oh yeah, and he's still managing money.. these guys don't go away, they just re-cap...

The Making of an American Capitalist
by Roger Lowenstein
-- Lowenstien is an excellent author, and the book contains a history of the capital markets from the 50's to the 1990's which is great. Lowenstein's other good book is When Genius Failed on LTCM.

Investment Valuation
Aswath Damodaran
-- Damodaran has made himself into a valuation guru, and has a number of books out. This is a solid text, with good info, but very dry. Also google his website at NYU.

Good to Great
Jim Collins
-- check out www.jimcollins.com, and also the Charlie Rose interviews on Google video...

Influence
Robert Cialdini
-- actually also one of Charlie Munger's recommended books & a classic which was on Tetlock's recommended list.


Later,
MZ