Reading List*



Gurus

The Alchemy of Finance by George Soros

This updated edition provides probably the most thorough overview of G. Soros's philosophy plus a real time / real life example of what he did with Quantum Fund in the mid-1980s. A remarkable lesson and truly inspirational for those interested in finance & investing.


Buffett: The Making of an American Capitalist by Roger Lowenstein

One reviewer of the book has well said: "This book is a fantastic biography of Warren Buffett. I think anyone who wants to learn about Warren Buffett or his investment techniques etc should first read this book before anything else (including his essays)." This is to be agreed. Author's thoroughness, comprehensiveness and attempt to be objective are to be appreciated.

Real Life Stories

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System -- and Themselves by Andrew Ross Sorkin

This book makes even an outsider to feel like being on Wall Street by him/herself, seeing Lehman Brothers collapsing and financial system being placed on artificial life support.


Crash of the Titans by Greg Farrell

An amazing and detailed story of what happened with Merrill Lynch, a Wall Street icon, during the financial crisis of 2007-2009.

Logic of Finance & Economy

The Ascent of Money by Niall Ferguson

Not all books are worth consideration but this one is. The knowledge included in this book is a powerful starting point for understanding the overall logic of finance and what’s going on today. As the author puts it by himself: you can understand the logic of things better if you know where they come from. Get know the origins of money, bonds, insurance, derivatives etc.


The Dollar Crisis: Causes, Consequences, Cures by Richard Duncan

This book definitely helps the reader to further enchance her/his understanding of finance and economy: currency bubbles, "funny" money, payment imbalancies, dollar recycling...


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2 comments:

  1. Kasthuri Rangan, India (krangan.ca@gmail.com)19 February 2012 at 14:37

    Good list..I would like to suggest two more..Raghuram Rajan's Fault Lines and Liaquat Ahamed's Lords of Finance..Raghuram is the former Chief Economist of IMF and is currently the economic adviser to Prime Minister of India..He was one of the very few who predicted the financial meltdown before it hit..The book, in a crispy and brilliant language,provides a deep understanding of the underlying causes and tough choices ahead for the world..After reading it, it hits us that the fault lines have not still disappeared but they have only changed in form...Liaquat is a former investment banker who in his book writes vividly about the events leading upto the great depression including history of creation of the central banks and also discusses keynes at length..reading both the books would make us conclude that human greed is at the core amongst reasons for meltdowns...for which there can be no plausible remedy..Both the books won the Goldman Sach's Business Book of the year award..

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    1. Thank you, Kasthuri, for your suggestion! I consider reading it by myself first :D

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