Recommended Readings
“Flash Boys”
Written by Michael Lewis
Recommended by Prof. Ludwig
Insights of High Frequency Trading.
“Flash Boys is about a small group of Wall Street guys who figure out that the U.S. stock market has been rigged for the benefit of insiders and that, post–financial crisis, the markets have become not more free but less, and more controlled by the big Wall Street banks. Working at different firms, they come to this realization separately; but after they discover one another, the flash boys band together and set out to reform the financial markets. This they do by creating an exchange in which high-frequency trading—source of the most intractable problems—will have no advantage whatsoever.” —- W.W. Norton
“Never Split the Difference”
Written by former FBI negotiator, Chris Voss
Recommended by Ryan Hill
Arts of successful negotiations.
“Your business, basically your entire life, comes down to your performance in crucial conversations, and these tools will give you the edge you need. . . It’s required reading for my employees because I use the lessons in this book every single day, and I want them to, too.“ —Jason McCarthy, CEO of GORUCK
“The Quants”
Written by Scott Patterson
Recommended by Prof. Ludwig
“The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It”
“Over the prior twenty years, this species of math whiz–technocrats who make billions not with gut calls or fundamental analysis but with formulas and high-speed computers–had usurped the testosterone-fueled, kill-or-be-killed risk-takers who’d long been the alpha males the world’s largest casino. The quants helped create a digitized money-trading machine that could shift billions around the globe with the click of a mouse.”
— Amazon.com
“A Man For All Markets”
Written by Edward O. Thorp
Recommended by Prof. Ludwig
Conquer this world with Mathematics.
“The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street.”
— Amazon.com
“How to Win Friend & Influence People”
Written by Dale Carnegie
Recommended by Ryan Hill
“Dale Carnegie’s How to Win Friends & Influence People is one of the best selling self-help books of all time. The book has influenced a wide range of people over the years, from Warren Buffett to Charles Manson. Those two people, Buffet and Manson, really express the weirdness that is Carnegie’s book in the modern era.”
–Thorin Klosowski
“Dig Your Well Before You’re Thirst”
Written by Harvey Mackay
Recommended by Ryan Hill
An Astonishing Networking Guide.
“If I had to name the single characteristic shared by all the truly successful people I’ve met over a lifetime, I’d say it is the ability to create and nurture a network of contacts.”
–Harvey Mackay
“Rich Dad Poor Dad”
Written by Robert T. Kiyosaki
Recommended by Ryan Hill
Let your money work for you.
“Rich Dad, Poor Dad (1997) combines autobiography with personal advice to outline the steps to becoming financially independent and wealthy. The author argues that what he teaches in this New York Times bestseller are things we’re never taught in society, and that what the upper-class passes on to its children is the necessary knowledge for getting (and staying) rich. He cites his highly successful career as an investor and his retirement at the early age of 47 as evidence in support of his claims.”
–Blinkist.com