
How to Decide
“How to Decide” by Annie Duke is a book that teaches readers how to make better decisions. The book provides a framework for making decisions that take into account the uncertainty and complexity of real-world situations. It also includes practical advice on how to avoid common decision-making pitfalls and how to think more clearly about the choices we face.
When Genius Failed: The Rise and Fall of Long Term Capital Management
As the title suggests, this book encapsulates the entire journey of Long-Term Capital Management (LTCM). LTCM was a highly leveraged hedge fund, founded by John Meriwether, which collapsed in 1998 and had to be rescued by a consortium of 14 banks orchestrated by Federal Reserve Bank of New York. Roger Lowenstein has not just detailed LTCM’s life, but also captured...