Director of Research, Springtide Partners
Investing Through the Looking Glass
In terms of my reading list, I am looking forward to picking up Tim Price's Investing Through the Looking Glass, which came highly recommended. I've also been doing a lot of reading on cryptocurrencies.
I find what is happening there absolutely fascinating.
I'd characterize what's going on in this sphere as one part fantastic experimental technology with enormous utility and disruptive potential and two parts good, old-fashioned speculative mania with all the fraud, scams and madness that typically go along with that.
I realize that’s a bit of a paradox.
Senior Vice-President, Investment Strategies, Assetmark
The Virgin Way: Everything I Know About Leadership
Richard Branson is someone I would love to spend time with. He has challenged the norm in so many different ways and been so successful. In this book, Branson shares his thoughts on building successful teams and businesses, which makes for a really easy and enjoyable read. There are simple ideas that you can implement in your day-to-day life, for example ‘make a positive difference and do some good.’
His stories about the different businesses he’s built provide the perfect backdrop for his key takeaways. His story about building an airline business that was totally different from the normal airline industry and that offered all the extras to solve pain points for travelers provided great examples of ‘believe in your ideas and be the best.’
Anyone who has traveled on a Virgin flight – Atlantic, America or Australia – has experienced that difference. Let’s just hope that continues under the Alaska brand in the US.
Partner and Director of Research, Forbes Family Trust and LGL Partners
The Partnership: The Making of Goldman Sachs
Charles D. Ellis
It isn’t light reading, that’s for sure, but in terms of a sweeping history of the most important players and firms in Wall Street, it has no equal.
I am also reading The Death and Life of Great American Cities by Jane Jacobs. I love architecture and planning, so this is good on those subjects, but more broadly, and more applicable to our industry, it traces the strategic forces that influence outcomes decades hence.
I think some of these general takeaways also play out in markets and countries. Investors take heed.
Finally on my list is Thinking, Fast and Slow by Daniel Kahneman. I’ve long been a fan of Kahneman and I’ve tried to be mindful of many of the pitfalls in thinking that he and his collaborators have identified. This particular book is very accessible, engaging and brings together the theoretical and the very practical.
Managing Director, Manager Research, Suntrust Advisory Services
Orson Scott Card
This is a classic science fiction novel first published in the 1980s that was made into a film about five years ago.
I chose it based on the recommendations of a couple friends.
It follows the military training of a child who has been chosen to lead the human race in battle against an alien race known as the buggers. Ender Wiggin was genetically designed to be a great military leader and his training begins in earnest when he is only six years old. Ender is a sympathetic and engaging hero who is easy to relate to. It is an entertaining and easy read, and a complete distraction from the typical weighty investments topics we focus on daily.