Holiday Reading List 2018: Check Out our Team’s Picks
We have many avid readers on our team, and try to share their favorites with an updated reading list from time to time. Even though the holidays are a busy time for most, for those with a little extra time before the New Year, we’re listing some staff favorites, both in the finance world and beyond. You can follow the links in each title to see more information on the book at Amazon.com. Enjoy!
Extreme Ownership: How U.S. Navy SEALs Lead and Win, is written by two U.S. Navy Seal officers who led the most highly decorated special operations unit of the Iraq War. In the book, the demonstrate how to apply powerful leadership principles from the battlefield to business and life. I was able to apply the lessons here to multiple facets of my life. The book avoided a lot of the typical clichés you hear in leadership books, sticking to actual lessons learned in the most brutal environment imaginable.
In “Mastering the Market Cycle”, Howard Marks discusses the phenomenon of market cycles, what causes their rise and fall, and the notion of “getting the odds on your side”. According to Marks, knowing where we currently stand with regard to the economic cycle and the market cycle can give us a better idea of what lies ahead. Exploring past factors, including economics, markets, and companies, as well as human psychology, the book explores what history can tell us about the future.
As an investment professional, I can equivocally say that my colleagues and I urge our clients to avoid timing the market, but there is still a fascination with what makes markets move. A great read, even for non-investment geeks, Marks is very eloquent in exploring what has impacted markets in the past.
“Factfulness: Ten Reasons We’re Wrong About the World – and Why Things are Better than you Think” by Hans Rosling
Factfulness describes itself as a book about “the world and how it really is”. I recently read this book, and I believe it is an essential read for anyone on earth (Bill Gates thinks so too). Hans Rosling is well-known for his influential Ted Talks, and has expanded on his talks through this book. It is an enlightening look at real global data and how we truly are living in a world much better than most currently believe. Its quick – less than 300 pages – and well worth the time to understand our world through our new perspective.
If you’re looking for more recommendations from our team and missed our summer reading list from a few months ago, you can find it here.
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