Posts Categorized: Books

The Rise of the Robots And What To Do About It

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 Ford…

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…

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. For this month’s reading list, here are my five all-time favorites. 1.       What Works on Wall Street by James O’Shaughnessy—I am, of course, massively biased in this first selection but…

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…

Reading List – May 2014

I’ve started a monthly reading list to share the best books that I’ve ever read. For the first few months I will also post the lists here to give you a sense for what they look like. If you’d like to receive these monthly recommendations, sign up for the reading list here. Also, if you have any…

Reading List – April 2014

Every month, I am going to suggest 3-5 of the best books that I’ve ever read. To get the suggestions each month, sign up here. Here are the suggestions for April, 2014: Inside the Investor’s Brain: The Power of Mind Over Money (Wiley Trading) by Richard L. Peterson This is, by far, the best collection…