Non-Finance books that have influenced your outlook in the market

Hi Everyone! I was curious, in my other thread, the topic of books and what one should read to get a firmer grasp of this industry came up. I recieved several very good books on the industry by several good people. However, I expect that many of you don’t breath/sleep/eat the CFA material 24/7 (or maybe you do :-p). In any event, I was wondering, as people in the buisness world in general and financial analyst (or aspiring ones in particular) what non-industry books have affected your general outlook (on life maybe?) on the financial market but also your general philosophy on markets, buisness (and yes again, maybe life?). Since i have started the thread, it is only appropriate that I give mine first. They are in the following order (most to least): 1. Social Choice and Individual Values , Kenneth Arrow 2. Geometry, Descartes 3. Socialism, Von Mises 4. Human Actions, Von Mises 5. Evolutionary Analysis, Freeman et al. I actually have more but the next 5 - 20 would probably soudn really weird and I don’t like to weird people out :-D. So which dead person (or live one) sits on your shoulders when your thinking about things in your job or just thinking in general? (or perhaps it’s whose shoulder do you sit on ?)

SergeLang Wrote: ------------------------------------------------------- > Hi Everyone! > > > I was curious, in my other thread, the topic of > books and what one should read to get a firmer > grasp of this industry came up. I recieved several > very good books on the industry by several good > people. > > However, I expect that many of you don’t > breath/sleep/eat the CFA material 24/7 (or maybe > you do :-p). In any event, I was wondering, as > people in the buisness world in general and > financial analyst (or aspiring ones in particular) > what non-industry books have affected your general > outlook (on life maybe?) on the financial market > but also your general philosophy on markets, > buisness (and yes again, maybe life?). > > Since i have started the thread, it is only > appropriate that I give mine first. They are in > the following order (most to least): > > > 1. Social Choice and Individual Values , > Kenneth Arrow > 2. Geometry, Descartes > 3. Socialism, Von Mises > 4. Human Actions, Von Mises > 5. Evolutionary Analysis, Freeman et al. > > I actually have more but the next 5 - 20 would > probably soudn really weird and I don’t like to > weird people out :-D. > > So which dead person (or live one) sits on your > shoulders when your thinking about things in your > job or just thinking in general? (or perhaps it’s > whose shoulder do you sit on ?) i dont think this thread should die but since im very inebrited right now coming back from a party ill think about my selections before i make a legitimate post. i have a background in sociology so i pretty much love reading 400 pages of academic fluff a day and then writting an argument about it. So i figure i have something to contribute that may salient but no one has thought about. however i recognize that alot of what ive read that has shaped my mind is in no way directly related to finance.

I personally believe the basic shaping of life/character is framed by the readings we do before the age of 25. Unfortunately I read little of finance before 25, except ‘Merchant of Venice’. I would mention 3 books (other writings are in my native language Bangla) Maxim Gorky’s Trilogy Nimzowitsch’s My System Hemingway’s Old Man and the Sea

Beyer on Speed - Andrew Beyer Influence - Robert Cialdini Moneyball - Michael Lewis

Nietzche-all of this popular works Kayes, aside from the chess brilliance of the work, why did My system influenced you?

This is such a pompous thread. 1) Hardy Boys mysteries (all of them) 2) Cereal boxes (i have read every one since Quisp and Quake) 3) Ramones lyrics 4) Tuff-Turf lawn fertilizer bag (every think about how we all start with fertilization but then end up as fertilizer - really weirds me out).

  1. Kamasutra 2. Lolita 3. How To Succeed With Women and Still Have Time for a Career

lee jones, winning low limit holdem

the road less travelled

I can’t believe I read The Boxcar Children.

Well, Frank, cannot escape the intriguing influence of the concepts say Overprotection or Blockade outside the 64 sq.

The Road to Serfdom - Freidrich von Hayek

kayes Wrote: ------------------------------------------------------- > Well, Frank, cannot escape the intriguing > influence of the concepts say Overprotection or > Blockade outside the 64 sq. So a couple of years ago, Korchnoi was telling some publication “I’ve played 12000 chess games in my life”. I thought, “hmm, I must have played ten times that many”. I don’t think there are any significant lessons in chess that apply anywhere beyond the 64 and certainly not to trading.

I’m suprised that Hayek was mentioned only once. I had the feeling that Investors would have a decidely more neo-classical or atleast Austrian flavor to them…

I would say Sophie’s World, what you see around you might not be true. Kinda feels similar to the markets situation year in, year out.

Anything by Roald Dahl.

Joe, I’m rather surprised, since you’ve played over 10 games a day entire life. Beating Korchnoi in any aspect of chess is a rear feat. The learning from chess or any similiar discipline is in reflection / setting the context. If you reduce your playing habit and think about it, (Shaw said an average man should reflect on life at least twice a year) you would find some applicability of the strategies. I cannot comment on trading side as i am not an ibanker. But I think you may repost your last sentence without ‘dont’, ‘not’, ‘any’ etc.

kayes Wrote: ------------------------------------------------------- > Joe, I’m rather surprised, since you’ve played > over 10 games a day entire life. Beating Korchnoi > in any aspect of chess is a rear feat. > > The learning from chess or any similiar discipline > is in reflection / setting the context. If you > reduce your playing habit and think about it, > (Shaw said an average man should reflect on life > at least twice a year) you would find some > applicability of the strategies. > Nah - chess is just chess. That’s it. > > I cannot comment on trading side as i am not an > ibanker. But I think you may repost your last > sentence without ‘dont’, ‘not’, ‘any’ etc.

Breakdance 2: Electric Boogaloo

> Beating Korchnoi > in any aspect of chess is a rear feat. kayes, your thinking penetrates the clouds of Joey’s confusion like a laser beam. But what, pray tell, is “rear feat”? Rear feet, ok, rare feat ok, but rear feat?