This is the list of financial books that have had the greatest impact on David’s thinking about money, investing, and the economy in the past decade.
Investing
- Adaptive Markets: Financial Evolution at the Speed of Thought – Andrew W. Lo
- The Wisdom Of Finance: Discovering Humanity in the World of Risk and Return – Mihir Desai
- The Misbehavior of Markets: A Fractal View of Financial Turbulence – Benoit Mandelbrot
- Mastering the Market Cycle: Getting the Odds on Your Side – Howard Marks
- The Missing Billionaires: A Guide to Better Financial Decisions by Victor Haghani and James White
Risk Management
- An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk – Allison Schrager
- Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts – Annie Duke
- Safe Haven: Investing for Financial Storms – Mark Spitznagel
- Antifragile – Nassim Nicholas Taleb
- Optimal Illusions: The False Promises of Optimization – Coco Krumme
Central Banks and Money
- Money: The True Story of a Made-Up Thing – Jacob Goldstein
- The End of Alchemy: Money, Banking, and the Future of the Global Economy – Mervyn King
- The Money Problem: Rethinking Financial Regulation – Morgan Ricks
- Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System – Barry Eichengreen
Economics
- Narrative Economics: How Stories Go Viral and Drive Major Economic Events – Robert Shiller
- The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction – Richard Bookstaber