Companies need fewer and fewer employees to generate each dollar of profit. This trend is likely to continue. The best thing you can do is focus on areas which are less likely to be automated away: entrepreneurship, art, creation, ideas, and innovation. Let’s explore what is happening and what you can do about it. Martin…
The Book Club
Do you consider yourself adventurous? Someone who likes to try new things? One of the easiest ways to explore is to read books from many different fields. But figuring out what to read can take forever, so let me do the work. I read about 100 books each year, and will narrow those down to a small list for you. You’ll receive these suggestions at the beginning of each month. I only suggest the best of what I read. As a sample, here were my 15 favorite books from 2015 and from 2016.
For a deeper dive, here are all of the books I’ve recommended in the past (updated once per year).
Great tweetstorm on reading https://t.co/MTuOocbxB3
— 🚶🏽jack (@jack) December 4, 2016
The benefits of reading-enjoyment and knowledge-compound over time, so I invite you to join me on this reading journey. As a bonus to get you started, you’ll receive a link to a full investor curriculum (books, articles, papers, and videos) after signing up.
Join 25,000 others in the Book Club
Book Reviews
Human Hardware and Human Software
Us humans have hardware and we have software. Our hardware (biology) evolves-very slowly-across generations. Our software (culture) evolves-very quickly-within generations. The difference in speed means that many aspects of our minds and bodies are vestigial: they we optimized for a very different environment than the one in which we find ourselves today. This helps explain why…
The Future Is in the Quaking Swamps
There is a remarkable connection between two of my favorite thinkers—Peter Thiel and H.D. Thoreau. Each offers the same prescription for life, a prescription that we need more of today: Live (and think) at the frontier, on the edge of discovery, not in the cozy establishment. Favor radical discovery and exploration over incremental—and conventional—improvement. Free…
Value Investing: Lessons from the World’s Top Fund Managers
I’ve heard my friend Meb Faber say that investors have one of two psychological makeups: value or trend/momentum. These are two very different attitudes towards stocks and towards markets. When Ben Graham said, “The market is there to serve you, not to guide you!” he summed up the entire value philosophy. A momentum investor might…
Lessons for Investors and Entrepreneurs: The Nature of Value
It is always fun to read a book that is useful for investors and entrepreneurs/businesspeople. Nick Gogerty’s The Nature of Value covers a lot of ground—below I quote and highlight some of the most useful lessons and idea from the book. I also met Nick last week, and it helps that he is a very…
Art And Fear And Investing
“I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will…
The Best Books of 2014
Anyone that reads this site knows I am a book nut. I read about one hundred books this year, and thought it would be fun to share the best of them. You can also get 3-4 of my favorite books each month by signing up over here (added bonus, I have a holiday offer going…
My Five Favorite Investing Books
I recently asked a number of my favorite writers to list their five favorite investing books. You can read the fantastic list that resulted here. While there are places online to read about how to invest for example somewhere like Wealthsimple article about investing $100,000. It also helps to have guide to help you when…
The Best Investing Books Ever
I’ve only been posting here for a few months, but already I’ve learned that the most valuable part of writing online is meeting smart, interesting people and learning from them. I learn mostly through books, so I’ve asked a bunch of my favorite writers what their all-time favorite investing books are. I love the list…
Clash of the Financial Pundits Reviewed
Punditry is all about concise sound bites, so before diving into a full review, my one sentence review of Josh Brown and Jeff Macke’s new book Clash of the Financial Pundits is “a spoonful of sugar helps the medicine go down.” This is a book that sneaks great investing advice and wisdom into your brain…