SVIC Library
The Silicon Valley Investors Club has created this library to share books that will make you a better investor. Note: We use Amazon affiliate links below to keep the lights on!
Investing
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
by Nassim Nicholas Taleb
In this book you’ll learn that our lives are influenced by randomness and financial projections aren’t worth the paper they are written on.
Skin in the Game: Hidden Asymmetries in Daily Life
by Nassim Nicholas Taleb
Most of the worlds issues are based on people making decisions for others when they dont face the consequences of their bad decision making.
What I Learned Losing a Million Dollars
by Jim Paul & Brendan Moynihan
Story of a commodities trader that had a run of good luck that catapulted him into riches, but then his luck turned on him and he lost everything. This book teaches you how to properly speculate without losing everything and how to enter and exit investments.
Antifragile: Things That Gain from Disorder
by Nassim Nicholas Taleb
Most of the worlds issues are based on people making decisions for others when they dont face the consequences of their bad decision making.
Zero to One: Notes on Startups, or How to Build the Future
by Peter Thiel, Blake Masters
This book teaches you that by creating something new you can escape the margin lowering effects of competition.
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
by Burton G. Malkiel
This book teaches you how to diversify and take advantage of investment opportunities. It will help you chart a calm course through the turbulent waters of today’s financial markets.
More Than You Know: Finding Financial Wisdom in Unconventional Places
by Michael Mauboussin
This book teaches you tools that will help you better understand the concepts of choice and risk
Mastering the Market Cycle: Getting the Odds on Your Side
by Howard Marks
This book teaches you how to identify and master the cycles that govern the markets.
Society
Guns, Germs, and Steel:
by Jared Diamond
The author is able to merge multiple disciplines into one grand narrative of why the world is the way it is today. The book is a long masterpiece, but if you read it, you’ll learn how the west dominated the world through technology and germs.
The Righteous Mind: Why Good People Are Divided by Politics and Religion
by Jonathan Haidt
You learn that based on our genetics we are hardwired to think a certain way, and this impacts our investing
Debt: The First 5,000 Years
by David Graeber
This book was written by an Anthropologist, who decides to challenge our conception of debt. Maybe read the first few chapters of this book and stop, but you’ll think of the concept of debt differently, which is worth the slog.
Economics
A Short History of Financial Euphoria
by John Kenneth Galbraith
Great tales of financial disaster and what you can do to not make the same mistakes.
Crashes and Crises: Lessons from a History of Financial Disasters
by JConnel Fullenkamp and The Great Courses
This course explains the history behind financial crises. You will have to listen to a few lessons over again to absorb it, but it provides you with great context on how we got here.
The Origin of Financial Crises: Central Banks, Credit Bubbles, and the Efficient Market Fallacy
This book talks about the myth of the efficient market and how central banks can create economic booms and busts.
