TopTradersUnplugged Ultimate Guide 4th Edition 0321

Introduction
Dear Investor,
Many of us are, knowingly or unknowingly, betrayed by either short-term

thinking or seduced by the “buy and hold” investing philosophy, and don’t
know where to start if you want to learn and better understand how to think
like the most successful investors of today.
Sound familiar?
The good news is…it doesn’t have to be this way.
As you start your own search for an approach to investing that not only
intuitively makes sense but also has the hard evidence to support it…it can
be hard to find a list of books and resources where you can find everything
you need to understand and subsequently benefit from a new and modern
way of organizing your investments, including: how-to build a robust
portfolio of liquid investments, adaptive asset allocation, the importance of
mind-set and psychology, which alternatives investments to include, how to
maximize diversification and increase risk-adjusted returns, and how to
successfully test as well as perform risk/return analyses on these investment
strategies.
You probably want to find a single resource that covers everything you need
to achieve your goal, like “From what you need to know to What you must
do to succeed”.
The truth is that when I started my own search for a resource like this a few
decades ago, looking for a comprehensive guide… I wanted something that
could provide me with all the relevant background information to make
qualified decisions on how to build true wealth.
A resource that would allow investors like you and me to question the
commonly-held belief of only investing in stocks & bonds, using buy & hold
strategies and how to improve upon this.
It should guide us, as readers, through the important questions that need to
be addressed before investing in different asset classes and contain helpful
direction for us during the investing process and show us where to find data
to evaluate the strategies and explain how they operate.
What’s more…it should offer guidance on how to apply classic portfolio

construction tools to liquid alternatives, reveal how these investments can
help us evaluate and meet risk, return, and liquidity objectives and give
sound, practical advice in an easy-to-understand, readily-digestible way.
And on top of this, it should identify tools, concepts, psychologies, and

philosophies that help keep investors like you and me more protected and
better able to make money when the next market bubble or surprise crisis
occurs. Because it will occur.
It should be designed for individual investors, financial advisors, and any

other investor interested in how these strategies can meaningfully improve
the risk-reward profile of most, if not all portfolios.
It should be designed for individual investors, financial advisors, and any
other investor interested in how these strategies can meaningfully improve
the risk-reward profile of most, if not all portfolios.
But the truth is, I did not find one single book that gave me all these
answers. Instead I found a collection of highly engaging and well-written
books on these subjects…And in this Ultimate Guide…I want to share them
with you.
If you are serious about building SAFER and BETTER PERFORMING

portfolios, I hope this guide will be a valuable first step in your investment
journey and I urge you to get started TODAY.
And I invite you to join me each week on my podcast as I continue my raw &
honest investment journey.
To Your Success,
Niels Kaastrup-Larsen
Managing Director, DUNN Capital (Europe) & founder and host of
TopTradersUnplugged
Investment Strategy
Insights
#001
#002
#003
A Complete Guide to the Futures Market
A Demon of Our Own Design
1
A Guide to Creating A Successful Algorithmic Trading Strategy
#004 A Man for All Markets
#005 A Non-Random Walk Down Wall Street
#006 A Random Walk Down Wall Street
#007 Algorithms to Live By
#008 Alpha Trading
#009 Antifragile
#010 Beat the Dealer
#011 Beat the Market
#012 Building Reliable Trading Systems
#013 Dynamic Hedging
#014 Efficiently Inefficient
#015 Fooled by Randomness
#016 Global Asset Allocation
#017 Global Value
#018 Hedgehogging
#019 How I Trade and Invest in Stocks and Bonds
#020 How to Make Money in Stocks
#021 Kaufman Constructs Trading Systems
#022 Lecturing Birds on Flying
#023 Leveraged Trading
#024 Market Sense and Nonsense
#025 Mastering the Market Cycle
#026 Nerds on Wall Street
#027 One Up On Wall Street
Investment Strategy
Insights
#028
#029
#030
Optimal Trading Strategies
Quantamental Investing
Skin in the Game
1
#031 Smart Portfolios
#032 Systematic Trading
#033 Technical Analysis of Stock Trends
#034 The (mis)Behavior of Markets
#035 The Alpha Formula
#036 The Black Swan
#037 The Education of a Speculator
#038 The Encyclopedia Of Technical Market Indicators
#039 The Evaluation and Optimization of Trading Strategies
#040 The Flaw of Averages
#041 The Fractal Geometry of Nature
#042 The Handbook of Alternative Assets
#043 The Hour Between Dog and Wolf
#044 The Irwin Guide To Trading Systems
#045 The Most Important Thing
#046 The New Rules for Investing Now
#047 The Next Perfect Trade
#048 The Price of Tomorrow
#049 The Second Leg Down
#050 The Systems Bible
#051 The VIX Trader's Handbook
#052 Timing Solutions for Swing Traders
#053 Trade Your Way to Financial Freedom
#054 Traders, Guns & Money
Investment Strategy
Insights
#055
#056
#057
Trades About to Happen
Trading for a Living
Trading Systems
1
#058 Trading Systems and Methods (Sixth Edition)
#059 Trading Systems and Money Management
#060 Treasury Bond Basis
#061 Van Tharp's Definitive Guide To Position Sizing
#062 What Works on Wall Street
#063 When Prime Brokers Fail
#001
A Complete Guide to the Futures Market

Technical Analysis, Trading Systems, Fundamental
Analysis, Options, Spreads, and Trading Principles
A Complete Guide to the Futures Market is the comprehensive resource for futures
traders and analysts. Spanning everything from technical analysis, trading systems, and
fundamental analysis to options, spreads, and practical trading principles.
This fully revised and updated edition provides a solid foundation in futures market
basics, details key analysis and forecasting techniques, explores advanced trading
concepts, and illustrates the practical application of these ideas with hundreds of
market examples. A Complete Guide to the Futures Market:
• Details different trading and analytical approaches, including chart analysis,

technical indicators and trading systems, regression analysis, and fundamental
market models.
• Gives step-by-step instructions for developing and testing original trading ideas
and systems.
• Illustrates a wide range of option strategies, and explains the trading implications
of each.
• Details a wealth of practical trading guidelines and market insights from a
recognized trading authority.
• Trading futures without a firm grasp of this market’s realities and nuances is a
recipe for losing money. A Complete Guide to the Futures Market offers serious
traders and investors the tools to keep themselves on the right side of the ledger.
Authored by
Jack D. Schwager
Publication Date
2017
Availability
Paperback, eBook
#002
A Demon of Our Own Design

Markets, Hedge Funds,
and the Perils of Financial Innovation
Inside markets, innovation, and risk. Why do markets keep crashing and why are
financial crises greater than ever before? As the risk manager to some of the leading
firms on Wall Street-from Morgan Stanley to Salomon and Citigroup-and a member of
some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and
FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly
shows us a world that is even riskier than we think.
The very things done to make markets safer, have, in fact, created a world that is far
more dangerous. From the 1987 crash to Citigroup closing the Salomon Arb unit, from
staggering losses at UBS to the demise of Long-Term Capital Management, Bookstaber
gives readers a front row seat to the management decisions made by some of the most
powerful financial figures in the world that led to catastrophe, and describes the impact
of his own activities on markets and market crashes. Much of the innovation of the last
30 years has wreaked havoc on the markets and cost trillions of dollars. A Demon of
Our Own Design tells the story of man's attempt to manage market risk and what it has
wrought. In the process of showing what we have done, Bookstaber shines a light on
what the future holds for a world where capital and power have moved from Wall Street
institutions to elite and highly leveraged hedge funds.
Authored by
Richard Bookstaber
Publication Date
2017
Availability
Hardcover, Paperback, eBook
#003
A Guide to Creating A Successful

Algorithmic Trading Strategy
If you're looking to develop a successful career in algorithmic trading, this book has you
covered from idea to execution as you learn to develop a trader's insight and turn it
into profitable strategy. You'll discover your trading personality and use it as a jumping-
off point to create the ideal algo system that works the way you work, so you can
achieve your goals faster. Coverage includes learning to recognize opportunities and
identify a sound premise, and detailed discussion on seasonal patterns, interest rate-
based trends, volatility, weekly and monthly patterns, the 3-day cycle, and much more—
with an emphasis on trading as the best teacher. By actually making trades, you
concentrate your attention on the market, absorb the effects on your money, and
quickly resolve problems that impact profits.
Algorithmic trading began as a "ridiculous" concept in the 1970s, then became an

"unfair advantage" as it evolved into the lynchpin of a successful trading strategy and
will help you effectively reap the benefits of this important trading method.
Navigate confusing markets Find the right trades and make them Build a successful
algo trading system Turn insights into profitable strategies. Algorithmic trading
strategies are everywhere, but they're not all equally valuable. It's far too easy to fall for
something that worked brilliantly in the past, but with little hope of working in the
future. A Guide to Creating a Successful Algorithmic Trading Strategy shows you how to
choose the best, leave the rest, and make more money from your trades.
Authored by
Perry J. Kaufman
Publication Date
2016
Availability
Hardcover, eBook
#004
A Man for All Markets

From Las Vegas to Wall Street,
How I Beat the Dealer and the Market
The incredible true story of the card-counting mathematics professor who taught the
world how to beat the dealer and, as the first of the great quantitative investors,
ushered in a revolution on Wall Street.
A child of the Great Depression, legendary mathematician Edward O. Thorp invented

card counting, proving the seemingly impossible: that you could beat the dealer at the
blackjack table. As a result he launched a gambling renaissance. His remarkable success
and mathematically unassailable method caused such an uproar that casinos altered the
rules of the game to thwart him and the legions he inspired. They barred him from their
premises, even put his life in jeopardy. Nonetheless, gambling was forever changed.
Thereafter, Thorp shifted his sights to "the biggest casino in the world" Wall Street.
Devising and then deploying mathematical formulas to beat the market, Thorp ushered
in the era of quantitative finance we live in today. Along the way, the so-called
godfather of the quants played bridge with Warren Buffett, crossed swords with a
young Rudy Giuliani, detected the Bernie Madoff scheme, and, to beat the game of
roulette, invented, with Claude Shannon, the world's first wearable computer.
Thorp tells the story of what he did, how he did it, his passions and motivations, and the
curiosity that has always driven him to disregard conventional wisdom and devise
game-changing solutions to seemingly insoluble problems.
Authored by
Edward O. Thorp
Publication Date
2018
Availability
Hardcover, Paperback, eBook, Audiobook
#005
A Non-Random Walk
Down Wall Street
For over half a century, financial experts have regarded the movements of markets as a
random walk--unpredictable meanderings akin to a drunkard's unsteady gait--and this
hypothesis has become a cornerstone of modern financial economics and many
investment strategies. Here Andrew W. Lo and A. Craig MacKinlay put the Random
Walk Hypothesis to the test. In this volume, which elegantly integrates their most
important articles, Lo and MacKinlay find that markets are not completely random after
all, and that predictable components do exist in recent stock and bond returns. Their
book provides a state-of-the-art account of the techniques for detecting predictabilities
and evaluating their statistical and economic significance, and offers a tantalizing
glimpse into the financial technologies of the future.
The articles track the exciting course of Lo and MacKinlay's research on the
predictability of stock prices from their early work on rejecting random walks in short-
horizon returns to their analysis of long-term memory in stock market prices. A
particular highlight is their now-famous inquiry into the pitfalls of "data-snooping
biases" that have arisen from the widespread use of the same historical databases for
discovering anomalies and developing seemingly profitable investment strategies. This
book invites scholars to reconsider the Random Walk Hypothesis, and, by carefully
documenting the presence of predictable components in the stock market, also directs
investment professionals toward superior long-term investment returns through
disciplined active investment management.
Authored by
Andrew W. Lo & A. Craig MacKinlay
Publication Date
2002
Availability
#006
A Random Walk Down Wall Street

The Time-Tested Strategy
for Successful Investing
Today’s stock market is not for the faint of heart. At a time of frightening volatility, what
is the average investor to do?
The answer: turn to Burton G. Malkiel’s advice in his reassuring, authoritative, gimmick-
free, and perennially best-selling guide to investing. Long established as the first book
to purchase before starting a portfolio or 401(k), A Random Walk Down Wall Street now
features new material on “tax-loss harvesting,” the crown jewel of tax management; the
current bitcoin bubble; and automated investment advisers; as well as a brand-new
chapter on factor investing and risk parity. And as always, Malkiel’s core insights—on
stocks and bonds, as well as real estate investment trusts, home ownership, and
tangible assets like gold and collectibles— along with the book’s classic life-cycle guide
to investing, will help restore confidence and composure to anyone seeking a calm
route through today’s financial markets.
Authored by
Burton G. Malkiel
Publication Date
1973
Availability
Hardcover, Paperback, Audiobook
#007
Algorithms to Live By
The Computer Science of
Human Decisions
A fascinating exploration of how insights from computer algorithms can be applied to
our everyday lives, helping to solve common decision-making problems and illuminate
the workings of the human mind
All our lives are constrained by limited space and time, limits that give rise to a
particular set of problems. What should we do, or leave undone, in a day or a lifetime?
How much messiness should we accept? What balance of new activities and familiar
favorites is the most fulfilling? These may seem like uniquely human quandaries, but
they are not: computers, too, face the same constraints, so computer scientists have
been grappling with their version of such issues for decades. And the solutions they've
found have much to teach us.
In a dazzlingly interdisciplinary work, acclaimed author Brian Christian and cognitive

scientist Tom Griffiths show how the algorithms used by computers can also untangle
very human questions. They explain how to have better hunches and when to leave
things to chance, how to deal with overwhelming choices and how best to connect with
others. From finding a spouse to finding a parking spot, from organizing one's inbox to
understanding the workings of memory, Algorithms to Live By transforms the wisdom of
computer science into strategies for human living.
Authored by
Brian Christian & Tom Griffiths
Publication Date
2016
Availability
#008
Alpha Trading
Profitable Strategies That Remove Directional Risk
From a leading trading systems developer, how to make profitable trades when there
are no obvious trends How does a trader find alpha when markets make no sense, when
price shocks cause diversification to fail, and when it seems impossible to hedge? What
strategies should traders, long conditioned to trend trading, deploy? In Alpha Trading:
Profitable Strategies That Remove Directional Risk, author Perry Kaufman presents
strategies and systems for profitably trading in directionless markets and in those
experiencing constant price shocks. The book
Details how to exploit new highs and lows Describes how to hedge primary risk
components, find robustness, and craft a diversification program Other titles by
Kaufman: New Trading Systems and Methods, 4th Edition and A Short Course in
Technical Trading, both by Wiley Given Kaufman's 30 years of experience trading in
almost every kind of market, his Alpha Trading will be a welcome addition to the trading
literature of professional and serious individual traders for years to come.
Authored by
Perry J. Kaufman
Publication Date
2011
Availability
Hardcover, eBook
#009
Antifragile
Things That Gain from Disorder
From the bestselling author of The Black Swan and one of the foremost philosophers of
our time, Nassim Nicholas Taleb, a book on how some systems actually benefit from
disorder.
In The Black Swan Taleb outlined a problem; in Antifragile he offers a definitive solution:
how to gain from disorder and chaos while being protected from fragilities and adverse
events. For what he calls the "antifragile" is one step beyond robust, as it benefits from
adversity, uncertainty and stressors, just as human bones get stronger when subjected
to stress and tension.
Taleb stands uncertainty on its head, making it desirable, and proposing that things be
built in an antifragile manner. Extremely ambitious and multidisciplinary, Antifragile
provides a blueprint for how to behave-and thrive-in a world we don't understand and
which is too uncertain for us to even try to understand. He who is not antifragile will
perish. Why is the city state better than the nation state, why is debt bad for you, and
why is almost everything modern bound to fail? The book covers innovation, health,
biology, medicine, life decisions, politics, foreign policy, urban planning, war, personal
finance, and economic systems. Throughout, the voice and recipes of the ancient
wisdom from Phoenician, Roman, Greek, and Medieval sources are heard loud and
clear.
Authored by
Nassim Nicholas Taleb
Publication Date
2012
Availability
#010
Beat the Dealer

A Winning Strategy for the Game of Twenty-One
Edward O. Thorp is the father of card counting, and in this classic guide he shares the
revolutionary point system that has been successfully used by professional and
amateur card players for generations. This book provides:
• An overview of the basic rules of the game.

• Proven winning strategies ranging from simple to advanced.
• Methods to overcome casino counter measures.
• Ways to spot cheating.
• Charts and tables that clearly illustrate key concepts.
A fascinating read and an indispensable resource for winning big, Beat the Dealer is the
bible for players of this game of chance.
Authored by
Edward O. Thorp
Publication Date
1962
Availability
#011
Beat the Market

A Scientific Stock Market System
The book offers step-by-step instructions, with explanatory, charts and tables, whereby
anyone with 2000.00$ brokerage account can conduct his own investment program.
Details are given of actual investments made by the authors, one of whom more then
doubled $100,000 in five years.
Authored by
Edward O. Thorp & Sheen T. Kassouf
Publication Date
1967
Availability
Hardcover
#012
Building Reliable Trading Systems

Tradable Strategies That Perform as They Backtest
and Meet Your Risk-Reward Goals
Traders have long been drawn to the idea of translating their strategies and ideas into
trading systems. While successful trading systems have been developed, in most cases,
they work very well for a period of time in specific markets, but perform less well across
all markets in all time frames. Nobody understands this better than Keith Fitschen — a
thought-leader in trading system development — and now, with "Trading Strategy
Generation + Website," he shares his extensive experience in this field with you.
"Trading Strategy Generation" skillfully explains how to take market insights or trading
ideas and develop them into a robust trading system. In it, Fitschen describes the
critical steps a trader needs to follow, including: translating the market insight into a
rules-based approach; determining entry and exit points; testing against historical data;
and integrating money management and position sizing into the system.Written by an
award winning system developer who has actively traded his systems for thirty
yearsIntroduces new ideas on money management and position sizing for different
marketsDetails exactly what it takes to build, test, and implement a profitable technical
trading systemA companion Website contains supplementary material, including Excel
spreadsheets designed to rate the strength of entry signals and provide money
management guidance based on market volatility and portfolio correlations
Written with the serious trader in mind, "Trading Strategy Generation" is an accessible
guide to building a system that will generate realistic returns over time.
Authored by
Keith Fitschen
Publication Date
2013
Availability
Hardcover
#013
Dynamic Hedging
Managing Vanilla and Exotic Options
Written by a leading options trader and derivatives risk advisor to global banks and
exchanges, this book provides a practical, real-world methodology for monitoring and
managing all the risks associated with portfolio management. Fills a big gap in
investment literature -- the only book to share complex options trading strategies and
advanced risk management methods with trading professionals.
Authored by
Publication Date
1997
Availability
Hardcover, eBook
#014
Efficiently Inefficient
How Smart Money Invests and Market
Prices Are Determined
Efficiently Inefficient describes the key trading strategies used by hedge funds and
demystifies the secret world of active investing. Leading financial economist Lasse Heje
Pedersen combines the latest research with real-world examples and interviews with top
hedge fund managers to show how certain trading strategies make money--and why
they sometimes don't.
Pedersen views markets as neither perfectly efficient nor completely inefficient. Rather,
they are inefficient enough that money managers can be compensated for their costs
through the profits of their trading strategies and efficient enough that the profits after
costs do not encourage additional active investing. Understanding how to trade in this
efficiently inefficient market provides a new, engaging way to learn finance. Pedersen
analyzes how the market price of stocks and bonds can differ from the model price,
leading to new perspectives on the relationship between trading results and finance
theory. He explores several different areas in depth--fundamental tools for investment
management, equity strategies, macro strategies, and arbitrage strategies--and he
looks at such diverse topics as portfolio choice, risk management, equity valuation, and
yield curve logic. The book's strategies are illuminated further by interviews with
leading hedge fund managers: Lee Ainslie, Cliff Asness, Jim Chanos, Ken Griffin, David
Harding, John Paulson, Myron Scholes, and George Soros.
Efficiently Inefficient effectively demonstrates how financial markets really work.
Authored by
Lasse Heje Pedersen
Publication Date
2015
Availability
#015
Fooled by Randomness
The Hidden Role of Chance in Life and in the Markets
Taleb sets forth the idea that modern humans are often unaware of the existence of
randomness. They tend to explain random outcomes as non-random.
Human beings:
• Overestimate causality, e.g., they see elephants in the clouds instead of
understanding that they are in fact randomly shaped clouds that appear to our
eyes as elephants (or something else);
• Tend to view the world as more explainable than it really is. So they look for
explanations even when there are none.
Other misperceptions of randomness that are discussed include:

• Survivorship bias. We see the winners and try to learn from them, while forgetting
the huge number of losers.
• Skewed distributions. Many real life phenomena are not 50:50 bets like tossing a
coin, but have various unusual and counter-intuitive distributions. An example of
this is a 99:1 bet in which you almost always win, but when you lose, you lose all
your savings. People can easily be fooled by statements like “I won this bet 50
times”. According to Taleb: “Option sellers, it is said, eat like chickens and go to
the bathroom like elephants”, which is to say, option sellers may earn a steady
small income from selling the options, but when a disaster happens they lose a
fortune.
Authored by
Publication Date
2001
Availability
#016
Global Asset Allocation

A Survey of the World's Top Asset Allocation Strategies
With all of our focus on assets - and how much and when to allocate them - are we
missing the bigger picture?
Our book begins by reviewing the historical performance record of popular assets like
stocks, bonds, and cash. We look at the impact inflation has on our money. We then
start to examine how diversification through combining assets, in this case a simple
stock and bond mix, works to mitigate the extreme drawdowns of risky asset classes.
But we go beyond a limited stock/bond portfolio to consider a more global allocation

that also takes into account real assets. We track 13 assets and their returns since 1973,
with particular attention to a number of well-known portfolios, like Ray Dalio’s All
Weather portfolio, the Endowment portfolio, Warren Buffett’s suggestion, and others.
And what we find is that, with a few notable exceptions, many of the allocations have
similar exposures.
And yet, while we are all busy paying close attention to our portfolio’s particular
allocation of assets, the greatest impact on our portfolios may be something we fail to
notice altogether.
Authored by
Mebane T. Faber
Publication Date
2015
Availability
Paperback, eBook
#017
Global Value
How to Spot Bubbles, Avoid Market Crashes, and Earn Big Returns
in the Stock Market
Investment bubbles and speculative manias have existed for as long as humans have
been involved in markets. Is it possible for investors to identify emerging bubbles and
then profit from their inflation? Likewise, can investors avoid the bursting of these
bubbles, and the extreme volatility and losses found in their aftermath to survive to
invest another day?
Over 70 years ago, Benjamin Graham and David Dodd proposed valuing stocks with
earnings smoothed across multiple years. Robert Shiller later popularized this method
with his version of the cyclically adjusted price-to-earnings (CAPE) ratio in the late 1990s
and correctly issued a timely warning of poor stock returns to follow in the coming
years. We apply this valuation metric across more than 40 foreign markets and find it
both practical and useful. Indeed, we witness even greater examples of bubbles and
busts abroad than in the United States. We then create a trading system to build global
stock portfolios, and find significant outperformance by selecting markets based on
relative and absolute valuation.
Authored by
Mebane T. Faber
Publication Date
2014
Availability
Paperback, eBook
#018
Hedgehogging
Rare is the opportunity to chat with a legendary financial figure and hear the
unvarnished truth about what really goes on behind the scenes. Hedgehogging
represents just such an opportunity, allowing you to step inside the world of Wall Street
with Barton Biggs as he discusses investing in general, hedge funds in particular, and
how he has learned to find and profit from the best moneymaking opportunities in an
eat-what-you-kill, cutthroat investment world.
Authored by
Barton Biggs
Publication Date
2008
Availability
#019
How I Trade and Invest in Stocks and Bonds

Being Some Methods Evolved and Adopted During My
Thirty-three Years Experience in Wall Street
Richard Wyckoff was a Wall Street legend. Not only did he make a fortune, but he also
was the longtime editor and publisher of The Magazine of Wall Street and the
developer of successful methods to analyze and forecast the market. In this book,
originally published in 1922, Wyckoff lays out his insider's knowledge for everyone,
especially those who are willing to study before risking one's own money. After all, he
wrote, ""in Wall Street as anywhere else, the chief essential is common sense, coupled
with study and practical experience."" He covers topics such as the six rules he's found
helpful, why he adopted Harriman's principle, what he looks for before buying a bond,
the earmarks of a desirable investment, the importance of knowing who owns a stock,
and how to recognize manipulation in the market.
Authored by
Richard D. Wyckoff
Publication Date
2019
Availability
#020
How to Make Money in Stocks

A Winning System in Good Times or Bad
The third edition of a practical rule book for becoming an investment professional. It
offers guidance for those who want to make smart investments - even if they've never
owned stocks before. This updated edition includes new concepts, improved chart
graphics and new research tools. Key issues include: making money reading the daily
financial pages; picking the best industry groups in the market; reading charts to
improve stock selection and timing; reducing losses and mistakes; and turning a profit
from reading and analyzing the news.
Authored by
William J. O'Neil
Publication Date
1988
Availability
Paperback, eBook
#021
Kaufman Constructs
Trading Systems
This is a step-by-step guide to developing a successful trading system for stocks and
futures. Perry Kaufman is recognized as one of the leading developers and consultants
in the financial industry, with a successful trading record that goes back 40 years. He is
the author of "Trading Systems and Methods, 6th Edition," said to be the most
definitive book in its field."Kaufman Constructs Trading Systems" not only answer key
questions about trading systems and development that were asked by attendees at his
conferences, it takes the process to another level, giving more examples of systems and
covering far more topics that are essential to success. It has also been published as an
ebook so that it can be easily accessed worldwide.Readers will find a complete
discussion of trends systems, mean reversion methods, and both daily and intraday
trading systems. Mr. Kaufman explains why certain markets are better for trend systems
while others are best for mean reversion. He gives you a deep understanding of the
principles that make systems profitable. He steps you through the entire process from
the idea to the rules, from testing to deciding on the final model.There are two other
valuable sections in this book. The first is the evaluation of risk, and ways to control it.
Without proper risk control there can be no success. The second is determining stock or
commodity selection when creating a portfolio. Years of experience have gone into the
rules for stock selection, although they turn out to be very simple.This easy to read
book will be a most valuable addition to your library to help you on the road to success.
Authored by
Perry J. Kaufman
Publication Date
2020
Availability
Paperback, eBook
#022
Lecturing Birds on Flying

Can Mathematical Theories Destroy the
Financial Markets?
For the past few decades, the financial world has often displayed an unreasonable
willingness to believe that "the model is right, the market is wrong”, in spite of the fact
that these theoretical machinations were largely responsible for multple crashes
throughout history. Why have both financial insiders and outsiders consistently
demonstrated a willingness to treat quantifications as gospel? Nassim Taleb first
addressed the conflicts between theoretical and real finance in his technical treatise on
options, Dynamic Hedging. I this book, Pablo Triana offers a powerful indictment on the
trustworthiness of financial theory, explaining—in jargon-free plain English—how
malfunctions in these quantitative machines have wreaked havoc in our real world.
Triana first analyzes the fundamental question of whether financial markets can be
solved mathematically. He shows that the markets cannot be tamed with equations,
presenting a list of obstacles to prove his point: maverick unlawful human actions rule
the markets, unexpected and unimaginable events shape the markets, and historical
data is not necessarily a trustworthy guide to the future of the markets. He details how
the field of financial economics evolved from a descriptive discipline to an abstract one
dedicated to technically concocting professors' own versions of how such a world
should work. He explains how Wall Street and other financial centers became eager
employers of scientists, and how scientists became eager employees of financial firms.
Triana concludes with a discussion of the most significant historical episodes of theory-
caused real-life market malaise, with a strong emphasis on the current credit crisis.
Authored by
Pablo Triana, Nassim Nicholas Taleb
Publication Date
2009
Availability
#023
Leveraged Trading
A professional approach to trading FX, stocks on margin,
CFDs, spread bets and futures for all traders
With the right broker, and just a few hundred dollars or pounds, anyone can become a
leveraged trader. The products and tools needed are accessible to all: FX, a margin
account, CFDs, spread-bets and futures. But this level playing field comes with great
risks. Trading with leverage is inherently dangerous. With leverage, losses and costs –
the two great killers for traders – are magnified. This does not mean leverage must be
avoided altogether, but it does mean that it needs to be used safely. In Leveraged
Trading, Robert Carver shows you how to do exactly that, by using a trading system. A
trading system can be employed to tackle those twin dangers of serious losses and high
costs.
The trading systems introduced in this book are simple and carefully designed to use
the correct amount of leverage and trade at a suitable frequency. Robert shows how to
trade a simple Starter System on its own, on a single instrument and with a single rule
for opening positions. He then moves on to show how the Starter System can be
adapted, as you gain experience and confidence. The system can be diversified into
multiple instruments and new trading rules can be added. For those who wish to go
further still, advice on making more complex improvements is included: how to develop
your own trading systems, and how to combine a system with your own human
judgement, using an approach Robert calls Semi-Automatic Trading. For those trading
with leverage, looking for a way to take a controlled approach and manage risk, a
properly designed trading system is the answer.
Authored by
Robert Carver
Publication Date
2019
Availability
Paperback, eBook
#024
Market Sense and Nonsense

How the Markets Really Work
(and How They Don't)
Investment errors are hardly the exclusive domain of novice investors. Investment
professionals commit their own share of routine errors. One common error that
manifests itself in many different forms is the tendency to draw conclusions based on
insufficient or irrelevant data. The housing bubble of the 2000s provided a classic
example. This book is a compilation of the fundamental investment errors the author
has observed over his career in the markets. Errors that permeate widely accepted
academic precepts, professional money management methodologies, and investment
behavior. This book will be insightful to professionals and yet readable by the broader
audience with an interest in investment, trading, and finance. This book combines
multiple concepts, spanning both traditional and alternative investments, and topics
ranging from basic to sophisticated, into a single accessible book." How Markets Really
Work" challenges many of the concepts that are at the core of both investment theory
and practice.
Authored by
Jack D. Schwager
Publication Date
2012
Availability
Hardcover, eBook
#025
Mastering the Market Cycle

Getting the Odds on Your Side
The legendary investor shows how to identify and master the cycles that govern the
markets.
We all know markets rise and fall, but when should you pull out, and when should you
stay in? The answer is never black or white, but is best reached through a keen
understanding of the reasons behind the rhythm of cycles. Confidence about where we
are in a cycle comes when you learn the patterns of ups and downs that influence not
just economics, markets and companies, but also human psychology and the investing
behaviors that result.
If you study past cycles, understand their origins and remain alert for the next one, you
will become keenly attuned to the investment environment as it changes. You’ll be
aware and prepared while others get blindsided by unexpected events or fall victim to
emotions like fear and greed.
By following Marks’s insights — drawn in part from his iconic memos over the years to
Oaktree’s clients — you can master these recurring patterns to have the opportunity to
improve your results.
Authored by
Howard Marks
Publication Date
2018
Availability
#026
Nerds on Wall Street

Math, Machines, and Wired Markets
An intriguing look at how technology is changing financial markets, from an innovator
on the frontlines of this revolution.
Nerds on Wall Street tells the tale of the ongoing technological transformation of the
world's financial markets. The impact of technology on investing is profound, and
author David Leinweber provides readers with an overview of where we were just a few
short years ago, and where we are going. Being a successful investor today and
tomorrow--individual or institutional--involves more than stock picking, asset allocation,
or market timing: it involves technology. And Leinweber helps readers go beyond the
numbers to see exactly how this technology has become more responsible for
managing modern markets. In essence, the financial game has changed and will
continue to change due entirely to technology. The new players, human or otherwise,
offer investors opportunities and dangers. With this intriguing and entertaining book,
Leinweber shows where technology on Wall Street has been, what it has meant, and
how it will impact the markets of tomorrow.
Authored by
David J. Leinweber
Publication Date
2009
Availability
Hardcover, eBook
#027
One Up On Wall Street

How to Use What You Already Know to Make Money in
the Market
Peter Lynch believes that average investors have advantages over Wall Street experts.
Since the best opportunities can be found at the local mall or in their own places of
employment, beginners have the chance to learn about potentially successful
companies long before before professional analysts discover them. This headstart on
the experts is what produces 'tenbaggers', the stocks that appreciate tenfold or more
and turn an average stock portfolio into a star performer. In this fully updated edition of
his classic bestseller, Lynch explains how to research stocks and offers easy-to-follow
directions for sorting out the long shots from the no shots. He also provides valuable
advice on how to learn as much as possible from a company's story, and why every
investor must ignore the ups and downs of the stock market and focus only on the
fundamentals of the company in which they are investing.
Authored by
Peter Lynch & John Rothchild
Publication Date
1989
Availability
Paperback, eBook, Audiobook
#028
Optimal Trading Strategies

Quantitative Approaches for Managing Market Impact
and Trading Risk
The decisions that investment professionals and fund managers make have a direct
impact on investor return. Unfortunately, the best implementation methodologies are
not widely disseminated throughout the professional community, compromising the
best interests of funds, their managers, and ultimately the individual investor. But now
there is a strategy that lets professionals make better decisions. This valuable reference
answers crucial questions such as:
• How do I compare strategies?

• Should I trade aggressively or passively?
• How do I estimate trading costs, “slice” an order, and measure performance?
and dozens more. Optimal Trading Strategies is the first book to give professionals the
methodology and framework they need to make educated implementation decisions
based on the objectives and goals of the funds they manage and the clients they
serve.”
Authored by
Robert Kissell
Publication Date
2007
Availability
Hardcover, Paperback
#029
Quantamental Investing
Utilizing Market Intelligence & Big Data to Achieve a
Market Edge
Investing has increasingly become a competitive field with resources being allocated to
chasing fewer market opportunities. The Quantitative Easing policies of Global Central
Banks has driven investors to hunt for returns using innovative approaches. Big Data has
enabled investors to analyze extremely large data sets in revealing patterns, trends, and
associations, especially relating to human behavior and interactions in markets. An
astute investment strategy should have a unique perspective on the current market
environment and wholly understand why certain patterns are occurring or which
catalysts may derail an otherwise resilient strategy.
By utilizing a combination of systematic processing of Big Data and pattern recognition,

one can harness a market edge disparate from experts in each domain individually. That
is the very definition of a “market edge”. That is why we believe in Quantamental
Investing as a superior strategy to navigate the increasingly hyper-competitive
investment landscape and build robust returns. This book will reveal just a few insights
ranging from seasonal patterns and statistical anomalies to market behaviors and
characteristics that can easily be revealed through the utilization of Big Data. These
simple studies contained in this book are just a small snippet of the potential power of
Big Data, helping to build a savvy investor’s market intelligence, navigate an
increasingly competitive financial landscape and capitalize on investment opportunities
through the Power of Quantamental Investing.
Authored by
Dr. Qiwei Shi Hans Kullberg
Publication Date
2017
Availability
Paperback, eBook
#030
Skin in the Game

Hidden Asymmetries in Daily Life
One of the foremost thinkers of our time redefines what it means to understand the
world, succeed in a profession, contribute to a fair and just society, detect nonsense,
and influence others. Nassim Nicholas Taleb shows how accepting one’s own risks is an
essential attribute of heroes, saints, and flourishing people in all walks of life.
Taleb challenges beliefs about the values of those who lead military interventions, make
financial investments, and propagate religious faiths. Among his insights:
• For social justice, focus on symmetry and risk sharing.

• Ethical rules aren’t universal.
• Minorities, not majorities, run the world.
• You can be an intellectual yet still be an idiot.
• Beware of complicated solutions (that someone was paid to find).
• True religion is commitment, not just faith.
“Skin in the Game” is one we have often heard but rarely stopped to truly dissect. It is
the backbone of risk management, but it’s also an astonishingly rich worldview that, as
Taleb shows in this book. As Taleb says, “The symmetry of skin in the game is a simple
rule that’s necessary for fairness and justice, and the ultimate BS-buster,” and “Never
trust anyone who doesn’t have skin in the game. Without it, fools and crooks will
benefit, and their mistakes will never come back to haunt them.”
Authored by
Publication Date
2018
Availability
#031
Smart Portfolios
A Practical Guide to Building & Maintaining Intelligent
Investment Portfolios
Smart Portfolios is about building and maintaining smart investment portfolios. At its
heart are the three key questions every investor needs to answer:
• What to invest in.

• How much to invest.
• When to make changes to a portfolio.
Author Robert Carver addresses these three areas by providing a single integrated
approach to portfolio management. He shows how to follow a step-by-step process to
build a multi-asset investment portfolio, and how to rebalance the portfolio efficiently.
He covers both investment in collective funds like ETFs, and direct investment in
individual equities.
Smart Portfolios is detailed, comprehensive, and full of practical methods, rules of

thumb and techniques, all fully explained with examples. It is intended for professional
investors worldwide, including financial advisors, private bankers, wealth managers and
institutional funds; as well as experienced private investors.
Authored by
Robert Carver
Publication Date
2017
Availability
Hardcover, eBook
#032
Systematic Trading
A Unique New Method for Designing, Trading, and Investing
Systems
This is not just another book with yet another trading system. This is a complete guide
to developing your own systems to help you make and execute trading and investing
decisions. It is intended for everyone who wishes to systematise their financial decision
making, either completely or to some degree.
Author Robert Carver draws on financial theory, his experience managing systematic
hedge fund strategies and his own in-depth research to explain why systematic trading
makes sense and demonstrates how it can be done safely and profitably. Every aspect,
from creating trading rules to position sizing, is thoroughly explained. The framework
described here can be used with all assets, including equities, bonds, forex and
commodities.
There is no magic formula that will guarantee success, but cutting out simple mistakes
will improve your performance. You'll learn how to avoid common pitfalls such as over-
complicating your strategy, being too optimistic about likely returns, taking excessive
risks and trading too frequently.
Authored by
Robert Carver
Publication Date
2015
Availability
Hardcover, eBook
#033
Technical Analysis of
Stock Trends
Technical Analysis of Stock Trends was the first book to produce a methodology for
interpreting the predictable behavior of investors and markets. It revolutionized
technical investment approaches and showed traders and investors how to make money
regardless of what the market is doing. Now in its ninth edition, the book remains the
benchmark by which all other investment methodologies are measured. An
indispensable reference for technical traders, investors, and finance professionals
Authored by
Robert D. Edwards, John Magee
Publication Date
1948
Availability
#034
The (mis)Behavior of Markets

A Fractal View of Risk, Ruin, and Reward
Benoit B. Mandelbrot, one of the century's most influential mathematicians, is world-
famous for making mathematical sense of a fact everybody knows but that geometers
from Euclid on down had never assimilated: Clouds are not round, mountains are not
cones, coastlines are not smooth. To these classic lines we can now add another
example: Markets are not the safe bet your broker may claim. In his first book for a
general audience, Mandelbrot, with co-author Richard L. Hudson, shows how the
dominant way of thinking about the behavior of markets-a set of mathematical
assumptions a century old and still learned by every MBA and financier in the world-
simply does not work. As he did for the physical world in his classic The Fractal
Geometry of Nature, Mandelbrot here uses fractal geometry to propose a new, more
accurate way of describing market behavior. The complex gyrations of IBM's stock price
and the dollar-euro exchange rate can now be reduced to straightforward formulae that
yield a far better model of how risky they are. With his fractal tools, Mandelbrot has
gotten to the bottom of how financial markets really work, and in doing so, he describes
the volatile, dangerous (and strangely beautiful) properties that financial experts have
never before accounted for. The result is no less than the foundation for a new science
of finance.
Authored by
Benoit Mandelbrot & Richard L. Hudson
Publication Date
2004
Availability
#035
The Alpha Formula

High Powered Strategies to Beat the
Market with Less Risk
How would you like to make money when markets rise, decline, and go through times
of stress, and do so in a systematic way?
Larry Connors and Chris Cain CMT, winners of the prestigious 2020 Charles H. Dow
Award, teach you a better way to systematically manage your portfolio, not only in bull
markets but for all market conditions.
Most portfolios only make money when markets rise. This has been the history of the
asset management industry for decades. In The Alpha Formula, you will learn how to
systematically make money for the times when markets go up, go down, and go
through times of stress.
This step by step guide is backed by investment concepts created by billionaire Ray
Dalio, author of Principles, AQR, the second-largest hedge fund manager in the world,
and many other giants in the industry. This book teaches you specific systematic data-
driven strategies, backed by years of historical test results, to grow your money in a
consistent manner.
Authored by
Chris Cain, Larry Connors
Publication Date
2019
Availability
Hardcover, eBook
#036
The Black Swan

The Impact of the Highly Improbable
A black swan is a highly improbable event with three principal characteristics: It’s
unpredictable; carries a massive impact; and, after the fact, we concoct an explanation
that makes it appear less random, and more predictable, than it was.
The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas
Taleb, black swans underlie almost everything about our world, from the rise of religions
to events in our own personal lives.
We concentrate on things we already know and time and time again fail to take into
consideration what we don’t know. We are, therefore, unable to truly estimate
opportunities, too vulnerable to the impulse to simplify, narrate, and categorize, and
not open enough to rewarding those who can imagine the “impossible.”
For years, Taleb has studied how we fool ourselves into thinking we know more than we
actually do. We restrict our thinking to the irrelevant and inconsequential, while large
events continue to surprise us and shape our world. Taleb explains everything we know
about what we don’t know and offers simple tricks on benefiting from black swans.
The Black Swan will change the way you look at the world. Taleb is a vastly entertaining
writer, with wit, irreverence, and unusual stories to tell. He has a polymathic command
of subjects ranging from cognitive science to business to probability theory.
Authored by
Publication Date
2007
Availability
#037
The Education of a
Speculator
Acclaim for The Education of a Speculator, a provocative and penetrating look into the
mind, the soul, and the strategies of one of the most controversial traders of all time
"A compelling and an entertaining read." — The Wall Street Journal
"Victor Niederhoffer gives us page after page of distilled investment wisdom. Taken
together, this is pure nectar to those who aim for consistently superior stock market
performance." — Barron's
"The Education of a Speculator offers plenty of insights into the way markets work, but
the epiphanies are what a reader might expect from Lao-tzu rather than, say, Graham
and Dodd." — Worth Magazine
"The Education of a Speculator is the first meaningful book on speculating. Successful

speculating is as fine an art as chess, checkers, fishing, poker, tennis, painting, and
music. Niederhoffer brings forth the best from each of these fields and shows the
investor how their principles can enrich one's life and net worth." — Martin Edelston
"With an original mind and an eclectic approach, Victor takes the reader from Brighton
Beach to Wall Street, visiting all stops of interest along the way. What emerges is a book
full of insights, useful to the professional and layman alike." — George Soros
Authored by
Victor Niederhoffer
Publication Date
1997
Availability
#038
The Encyclopedia of Technical

Market Indicators
Today's most all-inclusive reference of technical indicators - what they are and how to
use them to add value to any trading program
Technical analysis has become an incredibly popular investors' tool for gauging market
strength and forecasting short-term direction for both markets and individual stocks.
But as markets have changed dramatically, so too have technical indicators and
elements. The Encyclopedia of Technical Market Indicators provides an alphabetical and
up-to-date listing of hundreds of today's most important indicators. It defines what each
indicator is, explains the philosophy behind the indicator, and-- of the greatest
importance-- provides easy-to-understand guidelines for using it in day-to-day trading.
Broad in both scope and appeal, this one-of-a-kind reference painstakingly updates
information from the previous edition plus defines and discusses nearly 100 new
indicators.
Authored by
Robert W. Colby
Publication Date
1988
Availability
Hardcover, eBook
#039
The Evaluation and Optimization

of Trading Strategies
A newly expanded and updated edition of the trading classic, Design, Testing, and
Optimization of Trading Systems.
Trading systems expert Robert Pardo is back, and in The Evaluation and Optimization of
Trading Strategies, a thoroughly revised and updated edition of his classic text Design,
Testing, and Optimization of Trading Systems, he reveals how he has perfected the
programming and testing of trading systems using a successful battery of his own time-
proven techniques. With this book, Pardo delivers important information to readers,
from the design of workable trading strategies to measuring issues like profit and risk.
Written in a straightforward and accessible style, this detailed guide presents traders
with a way to develop and verify their trading strategy no matter what form they are
currently using–stochastics, moving averages, chart patterns, RSI, or breakout methods.
Whether a trader is seeking to enhance their profit or just getting started in testing, The
Evaluation and Optimization of Trading Strategies offers practical instruction and expert
advice on the development, evaluation, and application of winning mechanical trading
systems.
Authored by
Robert Pardo
Publication Date
2008
Availability
Hardcover, eBook
#040
The Flaw of Averages

Why We Underestimate Risk in the
Face of Uncertainty
A must-read for anyone who makes business decisions that have a major financial
impact. As the recent collapse on Wall Street shows, we are often ill-equipped to deal
with uncertainty and risk. Yet every day we base our personal and business plans on
uncertainties, whether they be next month's sales, next year's costs, or tomorrow's stock
price. In The Flaw of Averages, Sam Savage-known for his creative exposition of difficult
subjects- describes common avoidable mistakes in assessing risk in the face of
uncertainty. Along the way, he shows why plans based on average assumptions are
wrong, on average, in areas as diverse as healthcare, accounting, the War on Terror, and
climate change. In his chapter on Sex and the Central Limit Theorem, he bravely grasps
the literary third rail of gender differences.
Instead of statistical jargon, Savage presents complex concepts in plain English. In

addition, a tightly integrated web site contains numerous animations and simulations to
further connect the seat of the reader's intellect to the seat of their pants.
The Flaw of Averages typically results when someone plugs a single number into a
spreadsheet to represent an uncertain future quantity. Savage finishes the book with a
discussion of the emerging field of Probability Management, which cures this problem
though a new technology that can pack thousands of numbers into a single spreadsheet
cell.
Authored by
Sam L. Savage, Jeff Danziger
Publication Date
2009
Availability
#041
The Fractal Geometry

of Nature
Clouds are not spheres, mountains are not cones, and lightning does not travel in a
straight line. The complexity of nature's shapes differs in kind, not merely degree, from
that of the shapes of ordinary geometry, the geometry of fractal shapes.
Now that the field has expanded greatly with many active researchers, Mandelbrot
presents the definitive overview of the origins of his ideas and their new applications.
The Fractal Geometry of Nature is based on his highly acclaimed earlier work, but has
much broader and deeper coverage and more extensive illustrations.
Authored by
Benoît B. Mandelbrot
Publication Date
1982
Availability
Hardcover
#042
The Handbook of
Alternative Assets
This book discusses and describes four types of alternative assets: hedge funds, private
equity, credit derivatives, and commodity futures. Hedge funds and private equity are
the best known of the alternative assets, but certainly not the only alternative assets
available. The author explores each one of these alternative asset classes in detail,
providing practical advice along with useful research.
Offers a comprehensive examination of the four major classes as presented in the

'Handbook of Alternative Assets'. Merges data and strategies scattered in numerous
volumes into one handy guide for the serious investor. Discusses hedge funds, private
equity, credit derivatives, and commodity and managed futures.
Authored by
Mark J. P. Anson
Publication Date
2002
Availability
Hardcover, eBook
#043
The Hour Between Dog and Wolf

Risk Taking, Gut Feelings and the Biology
of Boom and Bust
A successful Wall Street trader turned Cambridge neuroscientist reveals the biology of
financial boom and bust, showing how risk-taking transforms our body chemistry,
driving us to extremes of euphoria or stressed-out depression.
The laws of financial boom and bust, it turns out, have a lot to do with male hormones.
In a series of startling experiments, Canadian scientist Dr. John Coates identified a
feedback loop between testosterone and success that dramatically lowers the fear of
risk in men, especially young men; he has vividly dubbed the moment when traders
transform into exuberant high flyers ""the hour between dog and wolf."" Similarly,
intense failure leads to a rise in levels of cortisol, which dramatically lowers the appetite
for risk. His book expands on his seminal research to offer lessons from the exploding
new field studying the biology of risk.
Coates's conclusions shed light on all types of high-pressure decision-making, from the
sports field to the battlefield, and leaves us with a powerful recognition: to handle risk
isn't a matter of mind over body, it's a matter of mind and body working together. We
all have it in us to be transformed from dog to wolf; the only question is whether we can
understand the causes and the consequences.
Authored by
John Coates
Publication Date
2012
Availability
#044
The Business One Irwin Guide

To Trading Systems
Comprehensive and authoritative description of the theory, creation, and use of
mechanical trading systems. Presents historical tests of various trading systems
approaches in 10 markets over a 5 year period.
Authored by
Bruce Babcock
Publication Date
1989
Availability
Hardcover
#045
The Most Important Thing

Uncommon Sense for the Thoughtful Investor
Howard Marks, is renowned for his insightful assessments of market opportunity and
risk. After four decades spent ascending to the top of the investment management
profession, he is today sought out by the world's leading value investors, and his client
memos brim with insightful commentary and a time-tested, fundamental philosophy.
Now for the first time, all readers can benefit from Marks's wisdom, concentrated into a
single volume that speaks to both the amateur and seasoned investor.
The Most Important Thing explains the keys to successful investment and the pitfalls
that can destroy capital or ruin a career. Mark details the development of an investment
philosophy that fully acknowledges the complexities of investing and the perils of the
financial world. Brilliantly applying insight to today's volatile markets, Marks offers a
volume that is part memoir, part creed, with a number of broad takeaways.
Marks expounds on such concepts as "second-level thinking," the price/value

relationship, patient opportunism, and defensive investing. Frankly and honestly
assessing his own decisions--and occasional missteps--he provides valuable lessons for
critical thinking, risk assessment, and investment strategy. Encouraging investors to be
"contrarian," Marks judges market cycles and achieves returns through aggressive,
measured action. Which element is the most essential? Successful investing requires
attention to many separate aspects, each of Marks's subjects proves to be the most
important thing.
Authored by
Howard Marks
Publication Date
2011
Availability
#046
The New Rules for Investing Now

Smart Portfolios for the Next
Fifteen Years
A unique and timely new wealth-building strategy from a legendary investment guru!
When the dot-com bubble burst, many investors assumed that it was just another
temporary setback for the mighty S&P 500, which had just enjoyed its best twenty-year
real rate of return in over a century.
But James P. O’Shaughnessy, the bestselling author of What Works on Wall Street and
How to Retire Rich, doesn’t trust assumptions; he does rigorous analysis. After digging
into the long-term cyclical patterns of the last hundred years, he concluded that almost
every "lesson" investors learned in the past twenty years no longer applies.
If you think you can protect your money by focusing on "safe" large-cap stocks and
mutual funds, you’re in for a big disappointment. In the new cycle now under way, the
stocks of small and midsize companies will consistently outperform the large-cap
growth stocks of the S&P 500. Large company value stocks and intermediate term
bonds will also do better than expected. ‘The New Rules for Investing Now’ explains
how the investment landscape has changed, and what you should do about it.
Authored by
James O'Shaughnessy
Publication Date
2007
Availability
Paperback
#047
The Next Perfect Trade

A Magic Sword of Necessity
'The Next Perfect Trade' articulates a set of principles that can be applied in discovering
superior trades; those that will be profitable in the broadest range of economic
scenarios. The book shifts focus from forces that drive markets to forces that drive
successful trades. The robust performance of this approach has inspired the subtitle 'A
Magic Sword of Necessity'.
If you think of investing as a rigorous intellectual battle, you need to prepare for it
thoroughly. Get in proper shape. Learn your moves, acquire your armor, your shield,
your helmet and your battle horse. A magic weapon will be wasted if you get killed by
the market's first arrow. Every chapter in this book represents a step towards mastering
the sword of necessity. Taking each of those steps has its own merit. Both aspiring and
experienced investors can find value in this book long before the advanced concepts,
such as "necessity" and "dominance," are fully introduced. And with complete training
and equipment, this weapon may give you a devastating advantage.
Authored by
Alex Gurevich
Publication Date
2015
Availability
#048
The Price of Tomorrow

Why Deflation is the Key to an
Abundant Future
Technological advances are happening at a rate faster than our ability to understand
them, and in a world that moves faster than we can imagine, we cannot afford to stand
still. These advances bring efficiency and abundance--and are profoundly deflationary.
Our economic systems were built for a pre-technology era when labour and capital
were linked, an era that counted on growth and inflation, an era where we made money
from inefficiency. We keep on pretending that those economic systems still work.
The only thing driving growth in the world today is easy credit, which is being created
at a pace that is hard to comprehend--and with it, debt that we will never be able to
pay back. As we try to artificially drive an economic system built for the past, we are
creating more than just economic trouble.
At this rate, our world will become profoundly more polarized and unsafe. We need to
build a new framework for our local and global economies, and soon; we need to
accept and embrace deflation. Otherwise, the same technology that has the power to
bring abundance to us and our world will instead destroy it.
Jeff Booth details the technological and economic realities shaping our present and our
future, and the choices we face as we go forward--a potentially alarming, but deeply
hopeful situation.
Authored by
Jeff Booth
Publication Date
2020
Availability
#049
The Second Leg Down

Strategies for Profiting after a Market Sell-Off
The Second Leg Down offers practical approaches to profiting after a market event.
Written by a specialist in global macro, volatility and hedging overlay strategies, this
book provides in-depth insight into surviving in a volatile environment. Historical back
tests and scenario diagrams illustrate a variety of strategies for offsetting portfolio risks
with after-the-fact options hedging, and the discussion explores how a mixture of trend
following and contrarian futures strategies can be beneficial. Without a rational analysis-
based approach, investors often find themselves having to cut risk and buy protection
just as options are at their most over-priced. This book provides practical strategies,
expert analysis and the knowledge base to assist you in recovering your portfolio.
Hedging strategies are often presented as expensive and unnecessary, especially during
a bull market. When equity indices and other unstable assets drop, they find themselves
stuck – hedging is now at its most expensive, but it is imperative to hedge or face
liquidation. This book shows you how to salvage the situation, with strategies backed
by expert analysis.
Authored by
Hari P. Krishnan
Publication Date
2017
Availability
Hardcover, eBook
#050
The Systems Bible

The Beginner's Guide to Systems Large and Small
The Indispensable Handbook of Systems-behavior, written specifically for all of us who
must daily cope with the Pitfalls, Foibles, and Failures of the Systems that make up our
Modern World..
Sixteen years in preparation, this THIRD Edition includes a new Preface, three new
chapters, new AXIOMS, THEOREMS AND RULES OF THUMB, and many new Horrible
Examples, for a total of 40 chapters covering the entire field from the PRIMAL
SCENARIO to the FAIL-SAFE THEOREM and including the celebrated definition of
GARBAGE that is fundamental to any real understanding of SYSTEMANTICS.
Authored by
John Gall
Publication Date
2002
Availability
Paperback, eBook
#051
The VIX Trader's Handbook

The History, Patterns, and Strategies
every volatility trader needs to know
Russell Rhoads is one of America's leading experts on VIX, the Volatility Index. In The
VIX Trader's Handbook he takes a deep dive into all things associated with volatility
indexes and related trading vehicles. The handbook begins with an explanation of what
VIX is, how it is calculated, and why it behaves the way it does in various market
environments. It also explains the various methods of getting exposure to volatility
through listed markets. The focus then moves on to demonstrate how traders take
advantage of various scenarios using futures, options, or ETPs linked to the
performance of VIX. Finally, a comprehensive review is presented of volatility events
that shook the markets, including the 1987 crash, Great Financial Crisis, 2010 flash
crash, and the 2020 pandemic. By understanding how VIX behaved leading up to these
market shocks, and reacted afterwards, traders can better equip themselves ahead of
future events. A wide variety of strategies that are implemented in both bearish and
bullish equity markets are introduced and covered extensively throughout. The VIX
Trader's Handbook is essential reading for all those who are intending to trade
volatility--from those who wish to gain an understanding of how VIX and the related
trading products behave, to those intending to hedge equity exposure or take
advantage of the persistent overpricing of option volatility. You won't want to trade
volatility without it.
Authored by
Russell Rhoads
Publication Date
2020
Availability
Hardcover, eBook
#052
Timing Solutions for Swing Traders

Successful Trading Using Technical Analysis
and Financial Astrology
This is a remarkable new book that introduces a revolutionary approach to non-day
trading that combines the four basic dimensions of trend analysis—price patterns,
volume, price momentum, and price moving averages—with a little financial astrology.
The book is filled with examples of reliable indicators and formulas you can use to help
develop your own style of trading, specially tailored to your individual needs.
Filled with real-life market examples to help you understand how to use the matrix of
moving averages, how to apply different sets of time frame moving averages to form a
trading decision, and how to determine the intermediate state of the market using the
Queuing Theory (QMAC)—which dissects the interplay of long-term moving averages
and helps anticipate major support and resistance levels—this book is packed with the
information you need to maximize your trading potential.
• A dedicated trading guide for non-day traders.

• Incorporates examples and formulas to bring ideas to life.
• Presents an innovative new approach to trading that draws on the four core
dimensions—price patterns, volume, price momentum, and price moving
averages—for analyzing trends.
Innovative and practical, Timing Solutions for Swing Traders is a hands-on guide to
applying a remarkable new approach to trading.
Authored by
Robert M. Lee & Peter Tryde
Publication Date
2012
Availability
Hardcover, eBook
#053
Trade Your Way to

Financial Freedom
The bestselling holy grail of trading information-now brought completely up to date to
give traders an edge in the marketplace
"Sound trading advice and lots of ideas you can use to develop your own trading
methodology." — Jack Schwager, author of Market Wizards and The New Market
Wizards
This trading masterpiece has been fully updated to address all the concerns of today's
market environment. With substantial new material, this second edition features Tharp's
new 17-step trading model. Trade Your Way to Financial Freedom also addresses
reward to risk multiples, as well as insightful new interviews with top traders, and
features updated examples and charts.
Authored by
Van K. Tharp
Publication Date
1998
Availability
Hardcover, eBook
#054
Traders, Guns & Money

Knowns and unknowns in the dazzling
world of derivatives
Warren Buffett once memorably described derivatives as “financial weapons of mass
destruction”. Read this sensational and controversial account of the often dazzling
business of derivatives trading, and see if you agree.
No money is ever really made in financial markets. Markets merely transfer wealth. As to
how to make money? Well, it is basically theft, misrepresentation, lies, cheating,
deception or force. It is impossible to make the staggering amounts made in derivatives
in good years honestly.
Traders, Guns & Money is a wry and wickedly comic exposé of the culture, games, and
pure deceptions played out every day in trading rooms around the world, usually with
other people's money. Whether you move in the financial world yourself, know people
who do, or have money invested in stocks, shares or derivatives, this is a fascinating
read guaranteed to make you think.
Authored by
Satyajit Das
Publication Date
2006
Availability
Paperback, eBook
#055
Trades About to Happen

A Modern Adaptation of the Wyckoff Method
The definitive book on adapting the classic work of Richard Wyckoff to today’s markets.
Price and volume analysis is one of the most effective approaches to market analysis. It
was pioneered by Richard Wyckoff, who worked on Wall Street during the golden age
of technical analysis. In Trades About to Happen, veteran trader David Weis explains
how to utilize the principles behind Wyckoff’s work and make effective trades with this
method.
Page by page, Weis clearly demonstrates how to construct intraday wave charts similar
to Wyckoff’s originals, draw support/resistance lines, interpret the struggle for
dominance in trading ranges, and recognize action signals at turning points.
• Analyzes markets one bar chart at a time, which recreates the ambiguity of actual
trading.
• Emphasizes reading price/volume charts without a secondary reliance on
mathematical indicators.
• Includes a short study guide in the appendix to help readers master the material.
Filled with in-depth insights and practical advice, Trades About to Happen promises to
be the definitive work on utilizing Wyckoff’s classic methods in today’s turbulent
markets.
Authored by
David H. Weis
Publication Date
2013
Availability
Hardcover, eBook
#056
Trading for a Living

Psychology, Trading Tactics,
Money Management
Trading for a Living Successful trading is based on three M’s: Mind, Method, and
Money. Trading for a Living helps you master all of those three areas:
• How to become a cool, calm, and collected trader

• How to profit from reading the behavior of the market crowd
• How to use a computer to find good trades
• How to develop a powerful trading system
• How to find the trades with the best odds of success
• How to find entry and exit points, set stops, and take profits
Trading for a Living helps you discipline your Mind, shows you the Methods for trading
the markets, and shows you how to manage Money in your trading accounts so that no
string of losses can kick you out of the game. To help you profit even more from the
ideas in Trading for a Living, look for the companion volume—Study Guide for Trading
for a Living. It asks over 200 multiple-choice questions, with answers and 11 rating
scales for sharpening your trading skills. For example: Question Markets rise when
• there are more buyers than sellers

• buyers are more aggressive than sellers
• sellers are afraid and demand a premium
• more shares or contracts are bought than sold
Authored by
Alexander Elder
Publication Date
1993
Availability
#057
Trading Systems
A New Approach to System Development
and Portfolio Optimisation
Every day the sun rises on the horizon there are some traders who make a fortune. It
seldom happens but it does happen, as the names of William Eckhardt, Ed Seykota, Jim
Simons, and many others remind us. And you can be one of them.’ Trading Systems’ is
an insight into what a trader should know and do in order to achieve success on the
markets. You don’t need to be a rocket scientist to build a winning trading system.
Divided into three parts, this book highlights exactly how you can build that system.
Part One is a short practical guide to trading systems’ development and evaluation,
forming the theoretical basis for Part Two. It condenses the authors’ years of experience
in a number of practical tips.
A step-by-step development process covering everything from the initial code writing
up to walk forward analysis and money management makes up Part Two; a combination
of Emilio Tomasini’s experience and Urban Jaekle’s practical application of trading
systems and evaluation. Part Three shows you how to put systems for all different
markets together in the most effective way.
A trader can never say he achieved success but only that he survived: the black swan is
always around the corner. ‘Trading Systems’ will help you find your way among the
unchartered waters of systematic trading and show you what it takes to be the one that
survives.
Authored by
Emilio Tomasini & Urban Jaekle
Publication Date
2009
Availability
Paperback, eBook
#058
Trading Systems
and Methods
Perry Kaufman provides expert information on proven indicators, programs, systems,
and algorithms. Now in its sixth edition, this book provides readers with the knowledge
required to develop or select the trading programs best suited for their needs. In-depth
discussions of basic mathematical and statistical concepts instruct readers on how much
data to use, how to create an index, how to determine probabilities, and how best to
test your ideas. These tools and indicators help readers identify trends, momentum, and
patterns, while an analytical framework compares systematic methods and techniques.
This fully-revised edition offers new examples using stocks, ETFs and futures, and
provides expanded coverage of arbitrage, high frequency trading, and sophisticated
risk management models. More programs and strategies have been added, such as
Artificial Intelligence techniques and Game Theory approaches to trading. Offering a
complete array of practical, user-ready tools, this invaluable resource:
Offers comprehensive revisions and additional mathematical and statistical tools,

trading systems, and examples of current market situations, explains basic mathematical
and statistical concepts with accompanying code, and includes new Excel spreadsheets
with genetic algorithms, TradeStation code, MetaStock code, and more.
This book is an indispensable reference on trading systems, system design and

methods for professional active traders, money managers, trading systems developers.
Authored by
Perry J. Kaufman
Publication Date
2019
Availability
Hardcover, eBook
#059
Trading Systems and Money

Management
A Guide to Trading and Profiting in Any Market
While most trading books simply tack money management onto the end of the book as
an afterthought, Trading Systems and Money Management recognizes the importance
of proven money management principles to the success of a trading program.
This step-by-step guide shows how to use stops to improve profit taking and reduce
losses, add filters such as moving averages and breakouts to improve entry and exit
points, and practice basic money management techniques to improve the performance
of any trading system.
Authored by
Thomas Stridsman
Publication Date
2003
Availability
Hardcover, eBook
#060
Treasury Bond Basis

An In-depth Analysis for Hedgers,
Speculators and Arbitrageurs
Now in its third edition, "The Treasury Bond Basis" is the mandatory reference text for
Treasury bond and note futures trading rooms around the world. This updated edition
reflects the numerous market changes, chief among them the Chicago Board of Trade's
decision to switch from an 8 percent to a 6 percent conversion factor. Revisions include
greater detail on hedging and trading, updated explanations of options valuation and
short delivery options, and discussion of global bonds futures trading and applications.
Authored by
Galen Burghardt & Terry Belton
Publication Date
1989
Availability
Hardcover
#061
Van Tharp's Definitive Guide

To Position Sizing
Discover the right combination of probability, risk, and return to dramatically improve
your trading results and financial life. Evaluate the quality of your trading system under
every market condition. 90% of the performance variation of professional traders is due
to position sizing. This book shows you how to gain control of your position sizing.
Learn how to define your objectives clearly and how to position size to meet them.
Nearly 100 different position sizing models are presented in this book, each of which
has many variations. The potential variations within each model illustrate the complexity
of the subject of position sizing.
Authored by
Van Tharp
Publication Date
2008
Availability
Hardcover
#062
What Works on Wall Street

A Guide to the Best-Performing Investment Strategies
of All Time
Recent history has witnessed one of the worst stock market beatings ever. As a result,
abysmal returns are being called “the new normal,” financial “experts” are ringing the
death knell of buy-and-hold, and investors’ faith in equities has hit an all-time low. You
have two choices. You can abandon the stock market based on what is happening
today. Or you can invest today based on what will happen in the future.
What Works on Wall Street is the only investing guide that lets you see today’s market
in its proper context― as part of the historical ebb and flow of the stock market. And
when you see the data, you’ll see there is no argument: Stocks work.
What Works on Wall Street continues to provide the most effective investing strategies,
presenting incontrovertible data on what works and what doesn’t. Updated with current
statistics and brand-new features, offers data on 90 years of market performance.
Providing you with unparalleled insights into stock performance going back to 1926,
What Works on Wall Street is a refreshingly calming, objective view of a subject that is
usually wrapped in drama, hyperbole, and opinions that are plain wrong.
This guide provides the objective facts and winning strategies you need; all you have to
do is make the decision to ignore the so-called market experts and rely on the long-
proven approach that has made What Works on Wall Street an investing classic.
Authored by
James O'Shaughnessy
Publication Date
1996
Availability
Hardcover, eBook
#063
When Prime Brokers Fail

The Unheeded Risk to Hedge Funds, Banks,
and the Financial Industry
An informative primer on the new landscape of leading prime brokers Before the recent
financial crisis, both regulators and market participants disregarded the complex and
dangerous nature of the relationship between prime brokers (the banks) and their
clients (the funds). In When Prime Brokers Fail, J. S. Aikman examines the convoluted
structure of this relationship, the main participants, and the impact of the near collapse
of prime brokerages on the financial world.
Filled with in-depth insights and expert advice, When Prime Brokers Fail takes a close
look at the unheeded risks of prime finance and lays out the steps required for
managers to protect their funds and bankers to protect their brokerages.
Examines the challenges, trends, and risks within the prime brokerage space Discusses
the structural adjustments firms will need to make to avoid similar disasters Analyzes the
complex relationship between hedge funds and their brokerages and the risks that
multiply in extraordinary markets Covers new ways to manage an inherently risky
business and the regulations that may soon be introduced into this arena Engaging and
informative, this timely book details the intricacies and interdependencies of prime
brokerages and the role that these operations play in our increasingly dynamic financial
system.
Authored by
J. S. Aikman
Publication Date
2010
Availability
Hardcover, eBook
Making Better
Investment Decisions
#064
#065
#066
Clash of the Financial Pundits
Feel the Fear and Do It Anyway
Fortune's Formula
2
#067 Market Mind Games
#068 Misbehaving
#069 Moneyball
#070 More Than You Know
#071 Nudge
#072 Outliers
#073 Personal Benchmark
#074 Principles
#075 Risk Savvy
#076 Socionomic Causality in Politics
#077 Superforecasting
#078 The Art of Thinking Clearly
#078 The Behavioral Investor
#080 The Biggest Bluff
#081 The Disciplined Trader Developing Winning Attitudes
#082 The Geometry of Wealth
#083 The Investor's Paradox
#084 The Kelly Capital Growth Investment Criterion
#085 The Latte Factor
#086 The Laws of Wealth
#087 The Little Book of Behavioral Investing
#088 The Logic Of Failure
#089 The Master Algorithm
#090 The Mathematics of Gambling
Making Better
Investment Decisions
#091
#092
#093
The Organized Mind
The Psychology of Money
The Research Driven Investor
2
#094 The Success Equation
#095 The Undoing Project
#096 Think for Yourself
#097 Thinking in Bets
#098 Thinking, Fast and Slow
#099 Trading in the Zone
#100 Trading to Win
#101 Your Money & Your Brain
#064
Clash of the Financial Pundits

How the Media Influences Your Investment Decisions
for Better or Worse
There is no shortage of financial advice these days. From cocky cable pundits to
nattering news columnists to off-grid online bloggers, there are more so-called experts
than ever before--and the noise can be downright deafening.
This no-bull, bottom-line guide from ""The Reformed Broker"" Josh Brown and Yahoo
Finance's Jeff Macke will help you cut through the cacophony and make the most of
today's media news. It's an eye-opening crash course in separating financial facts from
fiction―featuring interviews with some of the world’s most influential investors,
including: JIM CRAMER, HENRY BLODGET, BEN STEIN, KAREN FINERMAN, HERB
GREENBERG, BARRY RITHOLTZ.
You'll also find invaluable insights from the original father of financial TV, Jim Rogers,
and from James Altucher, the most shockingly honest commentator in the history of the
medium. And you'll get a front-row seat for the processing and packaging of the news
and learn everything you need to know about the talking heads who shape each day's
narrative.
Up-close. In-depth. All-true. Clash of the Financial Pundits is the one guide that will
change the way you look at markets and investing forever.
Authored by
Joshua M. Brown, Jeff Macke
Publication Date
2014
Availability
Hardcover, eBook
#065
Feel the Fear and Do It Anyway

The phenomenal classic that has changed
the lives of millions
Dynamic and inspirational, FEEL THE FEAR AND DO IT ANYWAY is filled with concrete
techniques to turn passivity into assertiveness. Dr. Susan Jeffers, teaches you how to
stop negative thinking patterns and reeducate your mind to think more positively. You
will learn: the vital 10-Step Positive Thinking Process; how to risk a little every day; how
to turn every decision into a "No-Lose" situation, and much more.
Authored by
Susan Jeffers
Publication Date
1991
Availability
#066
Fortune's Formula
The Untold Story of the Scientific Betting System That
Beat the Casinos and Wall Street
In 1956 two Bell Labs scientists discovered the scientific formula for getting rich. One
was mathematician Claude Shannon, neurotic father of our digital age, whose genius is
ranked with Einstein's. The other was John L. Kelly Jr., a Texas-born, gun-toting
physicist. Together they applied the science of information theory—the basis of
computers and the Internet—to the problem of making as much money as possible, as
fast as possible.
Shannon and MIT mathematician Edward O. Thorp took the ""Kelly formula"" to Las
Vegas. It worked. They realized that there was even more money to be made in the
stock market. Thorp used the Kelly system with his phenomenonally successful hedge
fund, Princeton-Newport Partners. Shannon became a successful investor, too, topping
even Warren Buffett's rate of return. Fortune's Formula traces how the Kelly formula
sparked controversy even as it made fortunes at racetracks, casinos, and trading desks.
It reveals the dark side of this alluring scheme, which is founded on exploiting an
insider's edge.
Shannon believed it was possible for a smart investor to beat the market—and
Fortune's Formula will convince you that he was right.
Authored by
William Poundstone
Publication Date
2006
Availability
#067
Market Mind Games

A Radical Psychology of Investing,
Trading and Risk
What if the mystery of market crashes stems from a simple but total misunderstanding
of our own minds? Could everything we think we know about ourselves — intelligence
and rationality versus emotion and irrationality — be off the mark? Yes!
Denise Shull introduces her radical and supremely rational approach to risk. Her vision
stems from the indisputable fact that human beings can't make any decision at all
without emotion and that emotion gets the first — and last — word when it comes to
our perceptions and judgments. We are taught that sidelining our emotions is the best
way to make good decisions — Shull declares the converse: “emotions inform us”.
Attempting to control them actually increases the risks we take. Shull advocates treating
feelings as data, and she argues that doing so eradicates the baffling question that
repeats itself in our heads after making a poor investing decision: "What was I thinking?
Shull logically but engagingly connects emotions, beliefs, and context to our innate
reaction to uncertainty and risk (yes, the two are different). In ""Market Mind Games,""
she merges more than 20 years of studying risk decisions into a single, astoundingly
effective strategy.
A reasonable approach to emotion is the best way to win the investing game. The
methods Shull details in “Market Mind Games” shake the foundation of conventional
market and decision psychology. And, most important, they work.
Authored by
Denise Shull
Publication Date
2011
Availability
Hardcover, eBook
#068
Misbehaving
The Making of Behavioural Economics
Richard H. Thaler has spent his career studying the radical notion that the central agents
in the economy are humans — predictable, error-prone individuals. Misbehaving is his
arresting, frequently hilarious account of the struggle to bring an academic discipline
back down to earth — and change the way we think about economics, ourselves, and
our world.
Traditional economics assumes rational actors. Early on, Thaler realized these Spock-like
automatons were not like real people. We all succumb to biases and make decisions
that deviate from the standards of rationality assumed by economists — we misbehave.
And our misbehavior has serious consequences. Dismissed at first by economists as a
sideshow, the study of human miscalculations and their effects on markets now drives
efforts to make better decisions in our lives, our businesses, and our governments.
Coupling recent discoveries in human psychology with a practical understanding of

incentives and market behavior, Thaler enlightens readers about how to make smarter
decisions in an increasingly mystifying world. He reveals how behavioral economic
analysis opens up new ways to look at everything.
Misbehaving is a singular look into profound human foibles. When economics meets
psychology, the implications for individuals, managers, and policy makers are both
profound and entertaining.
Authored by
Richard H. Thaler
Publication Date
2016
Availability
#069
Moneyball
The Art of Winning
an Unfair Game
Billy Beane had a problem: how to win in the Major Leagues with a budget that's
smaller than that of nearly every other team. Conventional wisdom long held that big
name, highly athletic hitters and young pitchers with rocket arms were the ticket to
success. But Beane and his staff, buoyed by massive amounts of carefully interpreted
statistical data, believed that wins could be had by more affordable methods such as
hitters with high on-base percentage and pitchers who get lots of ground outs. Given
this information and a tight budget, Beane defied tradition and his own scouting
department to build winning teams of young players and inexpensive veterans.
Lewis was in the room with the A's top management as they spent the summer of 2002
adding and subtracting players and he provides outstanding play-by-play. In the June
player draft, Beane acquired nearly every prospect he coveted and at the July trading
deadline he engaged in a tense battle to acquire a lefty reliever. Moneyball is
populated with fascinating characters. We meet Jeremy Brown, an overweight college
catcher who most teams project to be a 15th round draft pick. Sidearm pitcher Chad
Bradford is plucked from the White Sox triple-A club to be a key set-up man and
catcher Scott Hatteberg is rebuilt as a first baseman. Beane himself, a speedy athletic
can't-miss prospect who somehow missed, Beane reinvents himself as a front-office
guru, relying on players completely unlike, say, Billy Beane. Lewis offers accessible
explanations of baseball stats and his roadmap of Beane's economic approach makes
Moneyball an appealing reading experience for business people and sports fans alike.
Authored by
Michael Lewis
Publication Date
2003
Availability
#070
More Than You Know

Finding Financial Wisdom in
Unconventional Places
Since its first publication, Michael J. Mauboussin's popular guide to wise investing has
been translated into eight languages and has been named best business book by
BusinessWeek and best economics book by Stragety+Business. Now updated to reflect
current research and expanded to include new chapters on investment philosophy,
psychology, and strategy and science as they pertain to money management, this
volume is more than ever the best chance to know more than the average investor.
Offering invaluable tools to better understand the concepts of choice and risk, More
Than You Know is a unique blend of practical advice and sound theory, sampling from a
wide variety of sources and disciplines. Mouboussin builds on the ideas of visionaries,
including Warren Buffett and E.O. Wilson, but also finds wisdom in a broad and deep
range of fields, such as casino gambling, horse racing psychology, and evolutionary
biology. For this edition, Mauboussin includes fresh thoughts on human cognition,
management assessment, game theory, the role of intuition, and the mechanisms
driving the market'w mood swings, and explains what these topics tell us about smart
investing.
More Than You Know is written with the professional investor in mind but extends gar
beyound the world of economics and finance. It shows how a multidisciplinary approach
that pays close attention that pays close attention to process and the psychology of
decision-making offers the best chance for long-ter financial results.
Authored by
Michael J. Mauboussin
Publication Date
2006
Availability
#071
Nudge
Improving Decisions About Health,
Wealth, and Happiness
Every day we make choices—about what to buy or eat, about financial investments or
our children’s health and education, even about the causes we champion or the planet
itself. Unfortunately, we often choose poorly. Nudge is about how we make these
choices and how we can make better ones. Using dozens of eye-opening examples and
drawing on decades of behavioral science research, Nobel Prize winner Richard H.
Thaler and Harvard Law School professor Cass R. Sunstein show that no choice is ever
presented to us in a neutral way, and that we are all susceptible to biases that can lead
us to make bad decisions. But by knowing how people think, we can use sensible
“choice architecture” to nudge people toward the best decisions for ourselves, our
families, and our society, without restricting our freedom of choice.
Authored by
Richard H. Thaler, Cass R. Sunstein
Publication Date
2009
Availability
#072
Outliers
The Story of Success
In this stunning new book, Malcolm Gladwell takes us on an intellectual journey through
the world of ""outliers""--the best and the brightest, the most famous and the most
successful. He asks the question: what makes high-achievers different?
His answer is that we pay too much attention to what successful people are like, and
too little attention to where they are from: that is, their culture, their family, their
generation, and the idiosyncratic experiences of their upbringing. Along the way he
explains the secrets of software billionaires, what it takes to be a great soccer player,
why Asians are good at math, and what made the Beatles the greatest rock band.
Authored by
Malcolm Gladwell
Publication Date
2008
Availability
#073
Personal Benchmark
Integrating Behavioral Finance and
Investment Management
In Personal Benchmark: Integrating Behavioral Finance and Investment Management,
Chuck Widger and Dr. Daniel Crosby outline the ways in which a program of embedded
behavioral finance, fueled by what matters most to you, can be your protection against
irrational financial behavior. Along the way, you'll learn how to improve your investment
experience, increase returns formerly sacrificed to misbehavior, and worry less about
"The Economy" as you become increasingly focused on "My Economy”.
Welcome to a new way of investing, a new paradigm for conceptualizing wealth, and a
system of turning emotion from your portfolio's worst enemy into its best friend!
In this new model, risk is simply the likelihood that we will underperform our dreams.
Irrationality is acting in ways that thwart our ability to reach those dreams. And the
optimal portfolio is not the one that generates the highest return in abstraction, it is the
one that helps us meet our goals without killing our nerves before we get there.
This book gives advisors the tools needed to effectively communicate the design and
execution of the Personal Benchmark solution.
Authored by
Charles Widger, Daniel Crosby
Publication Date
2014
Availability
Hardcover, eBook
#074
Principles
Life and Work
In Principles, Dalio shares what he’s learned over the course of his remarkable career.
He argues that life, management, economics, and investing can all be systemized into
rules and understood like machines. The book’s hundreds of practical lessons, which are
built around his cornerstones of “radical truth” and “radical transparency,” include
Dalio laying out the most effective ways for individuals and organizations to make
decisions, approach challenges, and build strong teams. He also describes the
innovative tools the firm uses to bring an idea meritocracy to life, such as creating
“baseball cards” for all employees that distil their strengths and weaknesses, and
employing computerized decision-making systems to make believability-weighted
decisions. While the book brims with novel ideas for organizations and institutions,
Principles also offers a clear, straightforward approach to decision-making that Dalio
believes anyone can apply, no matter what they’re seeking to achieve.
Here, from a man who has been called both “the Steve Jobs of investing” and “the
philosopher king of the financial universe”, is a rare opportunity to gain proven advice
unlike anything you’ll find in the conventional business press.
Authored by
Ray Dalio
Publication Date
2017
Availability
Hardcover, eBook
#075
Risk Savvy
How To Make Good Decisions
In the age of Big Data we often believe that our predictions about the future are better
than ever before. But as risk expert Gerd Gigerenzer shows, the surprising truth is that
in the real world, we often get better results by using simple rules and considering less
information.
In Risk Savvy, Gigerenzer reveals that most of us, including doctors, lawyers, financial
advisers, and elected officials, misunderstand statistics much more often than we think,
leaving us not only misinformed, but vulnerable to exploitation. Yet there is hope.
Anyone can learn to make better decisions for their health, finances, family, and
business without needing to consult an expert or a super computer, and Gigerenzer
shows us how.
Risk Savvy is an insightful and easy-to-understand remedy to our collective information

overload and an essential guide to making smart, confident decisions in the face of
uncertainty.
Authored by
Gerd Gigerenzer
Publication Date
2013
Availability
#076
Socionomic Causality in Politics

How Social Mood Influences Everything
from Elections to Geopolitics
Suppose you had a single framework that allowed you to understand why certain
candidates win elections and why nations go to war. And why a country’s internal
politics can be peaceful one minute and beset with strikes, protests and terrorism the
next. Such is the value of Socionomic Causality in Politics. In a paradigm-shifting work
that trumps conventional wisdom, Robert Prechter and fellow contributors unveil why
politics frequently confound even the most brilliant pollsters, historians, politicians,
social scientists and the media—and how you can understand and sometimes even
anticipate political changes with one simple shift in your perspective. Whether you wish
to understand the actions of governments or to get elected to office, Socionomic
Causality in Politics gives you the tools to be at the forefront of the most promising
work in the field of behavioral studies.
Authored by
Robert R. Prechter
Publication Date
2017
Availability
Hardcover, eBook
#077
Superforecasting
The Art and Science of
Prediction
In Superforecasting, Tetlock and coauthor Dan Gardner offer a masterwork on
prediction, drawing on decades of research and the results of a massive, government-
funded forecasting tournament. The Good Judgment Project involves tens of thousands
of ordinary people—including a Brooklyn filmmaker, a retired pipe installer, and a
former ballroom dancer—who set out to forecast global events. Some of the volunteers
have turned out to be astonishingly good. They’ve beaten other benchmarks,
competitors, and prediction markets. They’ve even beaten the collective judgment of
intelligence analysts with access to classified information. They are “superforecasters”.
In this groundbreaking and accessible book, Tetlock and Gardner show us how we can
learn from this elite group. Weaving together stories of forecasting successes (the raid
on Osama bin Laden’s compound) and failures (the Bay of Pigs) and interviews with a
range of high-level decision makers, from David Petraeus to Robert Rubin, they show
that good forecasting doesn’t require powerful computers or arcane methods. It
involves gathering evidence from a variety of sources, thinking probabilistically, working
in teams, keeping score, and being willing to admit error and change course.
Superforecasting offers the first demonstrably effective way to improve our ability to
predict the future—whether in business, finance, politics, international affairs, or daily
life—and is destined to become a modern classic.
Authored by
Philip E. Tetlock
Publication Date
2015
Availability
#078
The Art of Thinking Clearly

Better Thinking,
Better Decisions
In engaging prose and with practical examples and anecdotes, an eye-opening look at
human reasoning and essential reading for anyone with important decisions to make.
Have you ever:

• Invested time in something that, with hindsight, just wasn’t worth it?
• Overpayed in an Ebay auction?
• Continued doing something you knew was bad for you?
• Sold stocks too late, or too early?
• Taken credit for success, but blamed failure on external circumstances?
• Backed the wrong horse?
These are examples of cognitive biases, simple errors we all make in our day-to-day
thinking. But by knowing what they are and how to spot them, we can avoid them and
make better choices-whether dealing with a personal problem or a business
negotiation; trying to save money or make money; working out what we do or don’t
want in life: and how best to get it.
Simple, clear and always surprising, this indispensable book will change the way you
think and transform your decision-making-work, at home, every day. It reveals, in 99
short chapters, the most common errors of judgment, and how to avoid them.
Authored by
Rolf Dobelli
Publication Date
2011
Availability
#079
The Behavioral Investor

Finding Financial Wisdom in
Unconventional Places
From the New York Times bestselling author of the book named the best investment
book of 2017 comes The Behavioral Investor, an applied look at how psychology ought
to inform the art and science of investment management.
In The Behavioral Investor, psychologist and asset manager Dr. Daniel Crosby examines
the sociological, neurological and psychological factors that influence our investment
decisions and sets forth practical solutions for improving both returns and behavior.
Readers will be treated to the most comprehensive examination of investor behavior to
date and will leave with concrete solutions for refining decision-making processes,
increasing self-awareness and constraining the fatal flaws to which most investors are
prone.
The Behavioral Investor takes a sweeping tour of human nature before arriving at the
specifics of portfolio construction, rooted in the belief that it is only as we come to a
deep understanding of “why” that we are left with any clue as to “how” we ought to
invest.
Authored by
Daniel Crosby
Publication Date
2017
Availability
#080
The Biggest Bluff

How I Learned to Pay Attention,
Master Myself, and Win
Maria Konnikova had never played poker before and didn't even know the rules when
she approached Erik Seidel, Poker Hall of Fame inductee, and convinced him to be her
mentor. But she knew her man: a famously thoughtful and broad-minded player, he was
intrigued by her pitch that she wasn't interested in making money so much as learning
about life. She had faced a stretch of personal bad luck, and her reflections on the role
of chance had led her to a giant of game theory, who pointed her to poker as the
ultimate master class in learning to distinguish between what can be controlled and
what can't. Maria had a Ph.D. in psychology and an acclaimed and growing body of
work on human behavior and how to hack it. So Seidel was in, and soon she was into
the wild, competitive, masculine world of high-stakes Texas Hold'em, their initial end
point the following year's World Series of Poker.
Under Seidel's guidance, Konnikova did have many epiphanies about life that derived
from her new pursuit, including how to better read her opponents and herself. She also
began to win. In a little over a year, she began making money from tournaments. She
won a major title, got a sponsor, and got used to being on television. She even learned
to like Las Vegas. But in the end, Maria Konnikova is a writer and student of human
behavior, and ultimately the point was to render her incredible journey into a container
for its invaluable lessons. The biggest bluff of all, is that skill is enough. Bad cards will
come our way, but keeping our focus on how we play them and not on the outcome will
keep us moving through many a dark patch, until the luck once again breaks our way.
Authored by
Maria Konnikova
Publication Date
2020
Availability
#081
The Disciplined Trader

Developing Winning Attitudes
Developing Winning Attitudes
With rare insight based on his firsthand commodity trading experience, author Mark
Douglas demonstrates how the mental matters that allow us function effectively in
society are often psychological barriers in trading. After examining how we develop
losing attitudes, this book prepares you for a thorough ""mental housecleaning"" of
deeply rooted thought processes. And then it shows the reader how to develop and
apply attitudes and behaviors that transcend psychological obstacles and lead to
success.
The Disciplined Trader helps you join the elite few who have learned how to control
their trading behavior (the few traders who consistently take the greatest percentage of
profits out of the market) by developing a systematic, step-by-step approach to winning
week after week, month after month.
Authored by
Mark Douglas
Publication Date
1990
Availability
Hardcover, eBook
#082
The Geometry of Wealth

How to shape a life of money
and meaning
How does money figure into a happy life? Behavioral finance expert Brian Portnoy
delivers an inspired answer, building on the critical distinction between being rich and
being wealthy. While one is an unsatisfying treadmill, the other is the ability to live a
meaningful life, however we choose to define that. Wealth is funded contentment.
Portnoy takes readers on a journey toward wealth, informed by disciplines ranging from
ancient history to modern neuroscience. He contends that tackling the big questions
about a joyful life and tending to financial decisions are complementary, not separate,
tasks. These big questions include:
• How is the human brain wired for two distinct experiences of happiness? And why
can money “buy” one but not the other?
• What are the touchstones of a meaningful life, and are they affordable?
• Why is market savvy among the least important sources of wealth but self-
awareness is among the most?
• How to find a balance between wanting more while being content with enough?
This journey memorably contours along three basic shapes: A circle, triangle and square
help us to visualize how we adapt to evolving circumstances, set priorities, and find
empowerment in simplicity. In this book, Portnoy reveals that true wealth is achievable
for many - including those who despair it is out of reach - but only in the context of a
life in which purpose and practice are thoughtfully calibrated.
Authored by
Brian Portnoy
Publication Date
2018
Availability
#083
The Investor's Paradox

The Power of Simplicity in a
World of Overwhelming Choice
A troubled global economy, unstable markets, and a huge number of investment
choices create a dangerous landscape for individual and institutional investors alike. To
tackle this, most of us rely on a portfolio of fund managers to take risk on our behalves.
Brian Portnoy delivers a framework for choosing the right ones, and avoiding the losers.
Portnoy reveals that the right answers are found by confronting our own subconscious
biases and behavioral quirks. A paradox we all face is the natural desire for more choice
in our lives, yet the more we have, the less satisfied we become – whether we're at the
grocery store, choosing doctors, or flipping through hundreds of TV channels. So, too,
with investing, where there are literally tens of thousands of funds from which to
choose. We crave abundant investment choices to conquer volatile markets, yet with
greater flexibility, the more overwhelmed and less empowered we become.
The Investor's Paradox lights a path toward simplicity in a world of dangerous markets
and overwhelming choice. Written in accessible, jargon-free language, with a healthy
skepticism of today's money management industry, it offers not only practical tools for
investment success but also a message of empowerment for investors drowning in
possibility.
Authored by
Brian Portnoy
Publication Date
2014
Availability
Hardcover, eBook, Audiobook
#084
The Kelly Capital Growth

Investment Criterion
Theory And Practice
This volume provides the definitive treatment of fortune's formula or the Kelly capital
growth criterion as it is often called. The strategy is to maximize long run wealth of the
investor by maximizing the period by period expected utility of wealth with a
logarithmic utility function. Mathematical theorems show that only the log utility
function maximizes asymptotic long run wealth and minimizes the expected time to
arbitrary large goals. In general, the strategy is risky in the short term but as the number
of bets increase, the Kelly bettor's wealth tends to be much larger than those with
essentially different strategies. So most of the time, the Kelly bettor will have much
more wealth than these other bettors but the Kelly strategy can lead to considerable
losses a small percent of the time. There are ways to reduce this risk at the cost of lower
expected final wealth using fractional Kelly strategies that blend the Kelly suggested
wager with cash. The various classic reprinted papers and the new ones written
specifically for this volume cover various aspects of the theory and practice of dynamic
investing. Good and bad properties are discussed, as are fixed-mix and volatility
induced growth strategies. The relationships with utility theory and the use of these
ideas by great investors are featured.
Authored by
Leonard C. MacLean, William T. Ziemba,
Edward O. Thorp
Publication Date
2011
Availability
#085
The Latte Factor

Why You Don't Have to Be Rich
to Live Rich
In this compelling, heartwarming parable, Bach and his bestselling coauthor John David
Mann (The Go-Giver) tell the story of Zoey, a twenty-something woman living and
working in New York City. Like many young professionals, Zoey is struggling to make
ends meet under a growing burden of credit card and student loan debt, working crazy
hours at her dream job but still not earning enough to provide a comfortable financial
cushion. At her boss’s suggestion, she makes friends with Henry, the elderly barista at
her favorite Brooklyn coffee shop.
Henry soon reveals his “Three Secrets to Financial Freedom,” ideas Zoey dismisses at
first but whose true power she ultimately comes to appreciate. Over the course of a
single week, Zoey discovers that she already earns enough to secure her financial future
and realize her truest dreams—all she has to do is make a few easy shifts in her
everyday routine.
The Latte Factor demystifies the secrets to achieving financial freedom, inspiring you to
realize that it’s never too late to reach for your dreams. By following the simple, proven
path that Henry shows Zoey, anyone can make small changes today that will have big
impact for a lifetime, proving once again that “David Bach is the financial expert to
listen to when you’re intimidated by your finances” (Tony Robbins, #1 New York Times
bestselling author of Money: Master the Game).
Authored by
David Bach, John David Mann
Publication Date
2019
Availability
#086
The Laws of Wealth

Psychology and the Secret
to Investing Success
In The Laws of Wealth, psychologist and behavioral finance expert Daniel Crosby offers
an accessible and applied take on a discipline that has long tended toward theory at
the expense of the practical. Readers are treated to real, actionable guidance as the
promise of behavioral finance is realised and practical applications for everyday
investors are delivered. Crosby presents a framework of timeless principles for
managing your behavior and your investing process. He begins by outlining ten rules
that are the hallmarks of good investor behavior, including 'Forecasting is for
Weathermen' and 'If You're Excited, It's Probably a Bad Idea'. He then goes on to
introduce a unique new taxonomy of behavioral investment risk that will enable
investors and academics alike to understand behavioral risk in a newly coherent and
complete way. From here, attention turns to the four ways in which behavioral risk can
be combatted and the five equity selection methods investors should harness to take
advantage of behaviorally-induced opportunities in the stock market. Throughout,
readers are treated to anecdotes, research and graphics that illustrate the lessons in
memorable ways. And in highly valuable 'What now?' summaries at the end of each
chapter, Crosby provides clear, concise direction on what investors should think, ask and
do to benefit from the behavioral research. Dr. Crosby's training as a clinical
psychologist and work as an asset manager provide a unique vantage and result in a
book that breaks new ground in behavioral finance. You need to follow the laws of
wealth to manage your behavior and improve your investing process!
Authored by
Daniel Crosby
Publication Date
2016
Availability
#087
The Little Book of

Behavioral Investing
How not to be your own worst enemy
A detailed guide to overcoming the most frequently encountered psychological pitfalls
of investing.
Bias, emotion, and overconfidence are just three of the many behavioral traits that can
lead investors to lose money or achieve lower returns. Behavioral finance, which
recognizes that there is a psychological element to all investor decision-making, can
help you overcome this obstacle.
In The Little Book of Behavioral Investing, expert James Montier takes you through
some of the most important behavioral challenges faced by investors. Montier reveals
the most common psychological barriers, clearly showing how emotion,
overconfidence, and a multitude of other behavioral traits, can affect investment
decision-making.
Offers time-tested ways to identify and avoid the pitfalls of investor bias Author James
Montier is one of the world's foremost behavioral analysts Discusses how to learn from
our investment mistakes instead of repeating them Explores the behavioral principles
that will allow you to maintain a successful investment portfolio Written in a
straightforward and accessible style, The Little Book of Behavioral Investing will enable
you to identify and eliminate behavioral traits that can hinder your investment
endeavors and show you how to go about achieving superior returns in the process.
Authored by
James Montier
Publication Date
2010
Availability
#088
The Logic Of Failure

Recognizing And Avoiding Error
In Complex Situations
Why do we make mistakes? Are there certain errors common to failure, whether in a
complex enterprise or daily life? In this truly indispensable book, Dietrich Dörner
identifies what he calls the “logic of failure”—certain tendencies in our patterns of
thought that, while appropriate to an older, simpler world, prove disastrous for the
complex world we live in now. Working with imaginative and often hilarious computer
simulations, he analyzes the roots of catastrophe, showing city planners in the very act
of creating gridlock and disaster, or public health authorities setting the scene for
starvation. The Logic of Failure is a compass for intelligent planning and decision-
making that can sharpen the skills of managers, policymakers and everyone involved in
the daily challenge of getting from point A to point B.
Authored by
Dietrich Dörner
Publication Date
1989
Availability
#089
The Master Algorithm

How the Quest for the Ultimate Learning Machine
Will Remake Our World
A thought-provoking and wide-ranging exploration of machine learning and the race to
build computer intelligences as flexible as our own.
In the world's top research labs and universities, the race is on to invent the ultimate
learning algorithm: one capable of discovering any knowledge from data, and doing
anything we want, before we even ask. In The Master Algorithm, Pedro Domingos lifts
the veil to give us a peek inside the learning machines that power Google, Amazon,
and your smartphone. He assembles a blueprint for the future universal learner--the
Master Algorithm--and discusses what it will mean for business, science, and society. If
data-ism is today's philosophy, this book is its bible.
Authored by
Pedro Domingos
Publication Date
2015
Availability
#090
The Mathematics
of Gambling
More than twenty years after the publication of Beat the Dealer, the best-selling book
on winning at blackjack, Dr. Edward O. Thorp again focused his attention on gambling
games with an analysis of:
• BACCARAT — Can card counting eliminate the house advantage?

• BACKGAMMON — Playing optimally in endgame situations.
• BLACKJACK — Understanding blackjack systems and detecting cheating.
• GAMBLING GAMES — Which ones you cannot beat and why.
• MONEY MANAGEMENT — How to maximize your return and what strategies to
avoid.
• ROULETTE and the WHEEL OF FORTUNE — Using the laws of physics to predict
the next winning number.
In easy-to-understand language, learn what a leading mathematician discovered in

thirty years of computer-assisted research. This is the long-awaited publication of Dr.
Thorp’s accumulated work on gambling. Before you risk your money, find out what the
“Albert Einstein of Gambling” has to say!
Authored by
Edward O. Thorp
Publication Date
1984
Availability
Paperback
#091
The Organized Mind

Thinking Straight in the Age
of Information Overload
New York Times bestselling author and neuroscientist Daniel J. Levitin shifts his keen
insights from your brain on music to your brain in a sea of details.
The information age is drowning us with an unprecedented deluge of data. At the same
time, we’re expected to make more—and faster—decisions about our lives than ever
before. No wonder, then, that the average American reports frequently losing car keys
or reading glasses, missing appointments, and feeling worn out by the effort required
just to keep up.
But somehow some people become quite accomplished at managing information flow.
In The Organized Mind, Daniel J. Levitin uses the latest brain science to demonstrate
how those people excel—and how readers can use their methods to regain a sense of
mastery over the way they organize their homes, workplaces, and time.
With lively, entertaining chapters on everything from the kitchen junk drawer to health
care to executive office workflow, Levitin reveals how new research into the cognitive
neuroscience of attention and memory can be applied to the challenges of our daily
lives. This Is Your Brain on Music showed how to better play and appreciate music
through an understanding of how the brain works. The Organized Mind shows how to
navigate the churning flood of information in the twenty-first century with the same
neuroscientific perspective.
Authored by
Daniel J. Levitin
Publication Date
2014
Availability
#092
The Psychology of Money

Timeless lessons on wealth,
greed, and happiness
Timeless lessons on wealth, greed, and happiness doing well with money isn’t
necessarily about what you know. It’s about how you behave. And behavior is hard to
teach, even to really smart people. How to manage money, invest it, and make business
decisions are typically considered to involve a lot of mathematical calculations, where
data and formulae tell us exactly what to do. But in the real world, people don’t make
financial decisions on a spreadsheet. They make them at the dinner table, or in a
meeting room, where personal history, your unique view of the world, ego, pride,
marketing, and odd incentives are scrambled together. In the psychology of money, the
author shares 19 short stories exploring the strange ways people think about money
and teaches you how to make better sense of one of life’s most important matters.
Authored by
Morgan Housel
Publication Date
2020
Availability
#093
The Research Driven Investor

How to Use Information, Data and Analysis
for Investment Success
Today’s volatile market environment makes it increasingly difficult for regular investors
to achieve top results. The Research Driven Investor presents walk-through examples of
a wide variety of investment models, based on more than 100 years of stock market
data and research from Ned Davis Research, that will help investors use technical
indicators to consistently produce clear buy and sell signals—and achieve top results.
Hayes shows investors how to develop an accurate stock market outlook, then build an
investment strategy to fit their specific goals, risk tolerance, and time horizon. This
proactive approach to investment success shows investors, among other points, how to:
*Consistently identify market turning points *Allocate funds among asset classes *Focus
on emerging market themes.
Authored by
Timothy Hayes
Publication Date
2000
Availability
#094
The Success Equation

Untangling Skill and Luck in Business, Sports, and
Investing
In most domains of life, skill and luck seem hopelessly entangled. Different levels of skill
and varying degrees of good and bad luck are the realities that shape our lives—yet few
of us are adept at accurately distinguishing between the two. Imagine what we could
accomplish if we were able to tease out these two threads, examine them, and use the
resulting knowledge to make better decisions.
In this provocative book, Michael Mauboussin helps to untangle these intricate strands
to offer the structure needed to analyze the relative importance of skill and luck. He
offers concrete suggestions for making these insights work to your advantage. Once we
understand the extent to which skill and luck contribute to our achievements, we can
learn to deal with them in making decisions.
• The Success Equation helps us move toward this goal by:

• Establishing a foundation so we better understand skill and luck, and can pinpoint
where each is most relevant.
• Helping us develop the analytical tools necessary to understand skill and luck.
• Offering suggestions about how to take these findings and put them to work.
Showcasing Mauboussin’s trademark wit, insight, and analytical genius, this is a must-
read for anyone seeking to make better decisions—in business and in life.
Authored by
Michael J. Mauboussin
Publication Date
2012
Availability
#095
The Undoing Project

A Friendship That Changed Our Minds
Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a
series of breathtakingly original papers that invented the field of behavioral economics.
One of the greatest partnerships in the history of science, Kahneman and Tversky’s
extraordinary friendship incited a revolution in Big Data studies, advanced evidence-
based medicine, led to a new approach to government regulation, and made much of
Michael Lewis’s own work possible. In The Undoing Project, Lewis shows how their
Nobel Prize–winning theory of the mind altered our perception of reality.
Authored by
Michael Lewis
Publication Date
2016
Availability
#096
Think for Yourself

Restoring Common Sense in an Age of Experts
and Artificial Intelligence
During the 2014 Ebola epidemic, a man who had recently returned from West Africa
with a fever and abdominal pain entered a hospital in Dallas—and was sent home. Even
after learning the patient had come from Liberia, ground zero of the Ebola hot zone,
not one healthcare worker considered the possibility of it being Ebola. Shortly after the
man died, one of the nurses who had treated him was cleared to board a commercial
flight despite having a high fever. She was later confirmed to be infected with Ebola.
How could this happen? As Harvard lecturer and global trend watcher Vikram
Mansharamani shows in this perspective-shifting book, our complex, data-flooded
world has made us over reliant on experts, protocols, and technology. We've stopped
thinking for ourselves. Vikram illustrates how in a very real sense we have outsourced
too much of our thinking, relinquishing our autonomy.
Of course, experts, protocols, and computer-based systems are essential to helping us

make informed decisions. What we need is a new approach for integrating these
information sources more effectively, harnessing the value they provide without
undermining our own autonomy. The author provides principles and techniques for
doing just that, empowering readers with a more critical approach to making decisions.
Think for Yourself is an indispensable guide for those looking to restore self-reliant
thinking in a data-driven and technology-dependent world.
Authored by
Vikram Mansharamani
Publication Date
2020
Availability
#097
Thinking in Bets
Making Smarter Decisions When
You Don't Have All the Facts
In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial
calls in football history: With 26 seconds remaining, and trailing by four at the Patriots'
one-yard line, he called for a pass instead of a hand off to his star running back. The
pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history.
But was the call really that bad? Or did Carroll actually make a great move that was
ruined by bad luck?
Even the best decision doesn't yield the best outcome every time. There's always an
element of luck that you can't control, and there is always information that is hidden
from view. So the key to long-term success is to think in bets: How sure am I? What are
the possible ways things could turn out? What decision has the highest odds of
success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is
my success attributable to dumb luck rather than great decision making?
Annie Duke draws on examples from business, sports, politics, and (of course) poker to
share tools anyone can use to embrace uncertainty and make better decisions.
By shifting your thinking from a need for certainty to a goal of accurately assessing what
you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk
biases, and destructive habits in your decision making. You'll become more confident,
calm, compassionate and successful in the long run.
Authored by
Annie Duke
Publication Date
2018
Availability
#098
Thinking,
Fast and Slow
In the highly anticipated Thinking, Fast and Slow, Kahneman takes us on a
groundbreaking tour of the mind and explains the two systems that drive the way we
think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative,
and more logical. Kahneman exposes the extraordinary capabilities—and also the faults
and biases—of fast thinking, and reveals the pervasive influence of intuitive impressions
on our thoughts and behavior. The impact of loss aversion and overconfidence on
corporate strategies, the difficulties of predicting what will make us happy in the future,
the challenges of properly framing risks at work and at home, the profound effect of
cognitive biases on everything from playing the stock market to planning the next
vacation—each of these can be understood only by knowing how the two systems work
together to shape our judgments and decisions.
Engaging the reader in a lively conversation about how we think, Kahneman reveals
where we can and cannot trust our intuitions and how we can tap into the benefits of
slow thinking. He offers practical and enlightening insights into how choices are made
in both our business and our personal lives—and how we can use different techniques
to guard against the mental glitches that often get us into trouble. Thinking, Fast and
Slow will transform the way you think about thinking.
Authored by
Daniel Kahneman
Publication Date
2011
Availability
#099
Trading in the Zone

Master the Market with Confidence, Discipline and
a Winning Attitude
Douglas uncovers the underlying reasons for lack of consistency and helps traders
overcome the ingrained mental habits that cost them money. He takes on the myths of
the market and exposes them one by one teaching traders to look beyond random
outcomes, to understand the true realities of risk, and to be comfortable with the
"probabilities" of market movement that governs all market speculation.
Authored by
Mark Douglas
Publication Date
2000
Availability
#100
Trading to Win
The Psychology of
Mastering the Markets
Trading to Win gives you the essential tools to overcome outmoded, self-limiting beliefs
and mindsets that may be keeping you from a higher level of success. This powerful
program will help psych you into a less stressful, more self-possessed mastery of the
trading game and help you reach goals you may never have thought possible.
The trading arena has produced its share of select “super-traders”, market practitioners
who set themselves apart from the rest of the field with one distinct advantage: mental
and emotional toughness. These master traders in this highly risky, highly competitive
arena possess an edge that keeps them from being distracted by fear, self-doubt,
greed, and other emotional components that can cause major losses and prevent gains
from soaring to new highs.
Trading to Win presents a step-by-step, goal-oriented program for building the mental
and emotional stamina to win on an unprecedented level. This proven approach
spotlights a set of philosophical and behavioral principles designed to assist you in
implementing proactive trading strategies, as well as developing the mindset needed
to trade effectively in the realm of uncertainty. Delving into your underlying thought
processes when you trade, Trading to Win enables you to understand what is
motivating you, whether it is consistent with your game plan, and whether you are in
any way sabotaging yourself. Trading to Win shows you how to apply key concepts
where it counts—in actual trading room situations.
Authored by
Ari Kiev
Publication Date
1998
Availability
#101
Your Money & Your Brain

How the New Science of Neuroeconomics Can Help
Make You Rich
Drawing on the latest scientific research, Jason Zweig shows what happens in your brain
when you think about money and tells investors how to take practical, simple steps to
avoid common mistakes and become more successful.
What happens inside our brains when we think about money? Quite a lot, actually, and
some of it isn’t good for our financial health. In Your Money and Your Brain, Jason
Zweig explains why smart people make stupid financial decisions—and what they can
do to avoid these mistakes. Zweig, a veteran financial journalist, draws on the latest
research in neuroeconomics, a fascinating new discipline that combines psychology,
neuroscience, and economics to better understand financial decision making. He shows
why we often misunderstand risk and why we tend to be overconfident about our
investment decisions. Your Money and Your Brain offers some radical new insights into
investing and shows investors how to take control of the battlefield between reason and
emotion.
Your Money and Your Brain is as entertaining as it is enlightening. In the course of his
research, Zweig visited leading neuroscience laboratories and subjected himself to
numerous experiments. He blends anecdotes from these experiences with stories about
investing mistakes, including confessions of stupidity from some highly successful
people. Then he draws lessons and offers original practical steps that investors can take
to make wiser decisions.
Authored by
Jason Zweig
Publication Date
2007
Availability
Managed Futures
Essentials
#102
#103
#104
A Survey of the Managed Futures Industry
Commodity Trading Advisors
Economics of Futures Trading
3
#105 High-Performance Managed Futures
#106 Managed Futures and Their Role in Investment Portfolios
#107 Managed Futures for Institutional Investors
#108 Managed Futures in the Institutional Portfolio
#109 Managed Futures
#110 Managed Trading
#111 Panic-Proof Investing
#112 Portfolio Investment Opportunities in Managed Futures
#113 Starting Out in Futures Trading
#114 The Complete Idiot's Guide to Options and Futures
#115 The Futures Game
#116 The Handbook of Managed Futures
#117 Winning in the Futures Market
#102
A Survey of the Managed

Futures Industry
Managed futures as an industry has existed since the 1940's with federal oversight since
1974, and is the predecessor to the hedge fund industry. While hedge funds are
generally more well-known, managed futures has long been known to the academic
world because of the strategic value it can give to a portfolio. Evolving from the world
of futures, managed futures has quietly grown to $168 billion in assets, and is being
recognized by institutions for its unique characteristics and its potential for providing
truly diversifying yield enhancements, often referred to as a portable alpha. This study is
intended to provide a background of the history, characteristics and current practices of
managed futures, along with a glimpse into the future of the industry.
Authored by
Ernest Jaffarian
Publication Date
2007
Availability
Paperback
#103
Commodity Trading Advisors

Risk, Performance Analysis,
and Selection
Authoritative, up-to-date research and analysis that provides a dramatic new
understanding of the rewards-and risks-of investing in CTAs.
Commodity Trading Advisors (CTAs) are an increasingly popular and potentially

profitable investment alternative for institutional investors and high-net-worth
individuals. Commodity Trading Advisors is one of the first books to study their
performance in detail and analyze the “survivorship bias” present in CTA performance
data. This book investigates the many benefits and risks associated with CTAs,
examining the risk/return characteristics of a number of different strategies deployed by
CTAs from a sophisticated investor's perspective. A contributed work, its editors and
contributing authors are among today's leading voices on the topic of commodity
trading advisors and a veritable “Who's Who” in hedge fund and CTA research.
Greg N. Gregoriou (Plattsburgh, NY) is a Visiting Assistant Professor of Finance and

Research Coordinator in the School of Business and Economics at the State University
of New York. Vassilios N. Karavas (Amherst, MA) is Director of Research at Schneeweis
Partners. Francois-Serge Lhabitant (Coppet, Switzerland) is a FAME Research Fellow,
and a Professor of Finance at EDHEC (France) and at HEC University of Lausanne
(Switzerland). Fabrice Rouah (Montreal, Quebec) is Institut de Finance Mathematique de
Montreal Scholar in the finance program at McGill University.
Authored by
Greg N. Gregoriou
Publication Date
2004
Availability
Hardcover
#104
Economics of
Futures Trading
for Commercial and Personal Profit
This is a ‘how to’ guide for futures commodity trading, explaining what markets are
about and how to use them. It is also an appraisal of the adequacy and effectiveness of
the system in the performance of its economic functions. Professor Hieronymus has
developed notions about how markets should be run and regulated. Salient points
include:
• Futures trading is a game

• Futures trading is a remarkable close approximation to the classical economic
concept of pure competition.
• The markets are mainly about the pricing of commodities, which is speculative.
Hedging, in its standard context, is often a nonsense term. Equal and opposite is
still speculative.
• Futures market are investment media. They are financial markets, and futures
contracts are financial instruments. The markets generate equity capital from the
speculators and, as furnishers of capital, the speculators play a significant role in
the direction of economic processes.
• Market dominance is more apt to be accomplished by hedgers than speculators,
and regulation has generally restricted speculation and decreased competition.
The markets are relatively free of monopolistic influences but a preoccupation
with price distortion has hampered market growth and development.
• The futures markets that work, work well indeed.
Authored by
Thomas Applegate Hieronymus
Publication Date
1971
Availability
Hardcover
#105
High-Performance
Managed Futures
The New Way to Diversify Your Portfolio
A provocative and insightful look at using managed futures to diversify investment
portfolios.
Financial advisors have long ignored managed futures. Yet, in the past thirty years,
managed futures have significantly outperformed traditional stock and bond
investments. In High-Performance Managed Futures: The New Way to Diversity Your
Portfolio, author Mark H. Melin advises investors to question the commonly held belief
of stocks and bonds, buy and hold. The first book of its kind, Melin advances a Nobel
Prize winning investment method that’s been updated for today’s world to describe how
managed futures can be used to design portfolios independent of the ups and downs
of the stock market. The book:
• Details a new path for managing investments that’s not entirely dependent on the
economy at large.
• Describes meaningful asset diversification, while exposing Wall Street myths on
the subject.
Many of today’s investor’s are betrayed by either short-term thinking or the now
outdated buy and hold investing philosophy. High-Performance Managed Futures
details how to develop a stock market neutral investment portfolio designed for success
in the long-term.
Authored by
Mark H. Melin
Publication Date
2010
Availability
Hardcover
#106
Managed Futures and Their

Role in Investment Portfolios
One of the many advantages managed futures offer is that their returns have low
correlations with the returns of other traditional asset classes-even though they can
entail significant costs. This monograph provides an overview of the industry, discusses
the advantages and disadvantages of managed futures, reviews their historical
performance record, presents a method for evaluating their performance in a portfolio,
and lays out how to establish a managed futures program.
Authored by
Don Chance
Publication Date
1991
Availability
Paperback
#107
Managed Futures for

Institutional Investors
Analysis and Portfolio Construction
A practical guide to institutional investing success Managed Futures for Institutional
Investors is an essential guide that walks you through the important questions that need
to be addressed before investing in this asset class and contains helpful direction for
investors during the investing process.
Backed by years of institutional experience, the authors reveal the opportunities offered
by managed futures. They also include information on practices in the managed futures
area and present the various analytical tools and building blocks required to use
managed futures effectively. The book also contains insight on the issues that must be
addressed when building and evaluating portfolios.
Shows where to find data to evaluate managed futures and explains how managed
futures are regulated Offers guidance on how to apply classic portfolio construction
tools to managed futures Reveals how managed futures investments can help investors
evaluate and meet risk, return, and liquidity objectives Managed Futures for Institutional
Investors provides all the practical information to manage this type of investment well.
Authored by
Galen Burghardt & Brian Walls
Publication Date
2011
Availability
Hardcover, eBook
#108
Managed Futures in the

Institutional Portfolio
Risk, Performance Analysis, and Selection
Provides practical, comprehensive information and strategies for using managed futures
successfully. Clearly explains the benefits of managed futures and their role in a
traditional portfolio. Uses case studies and firsthand reports to show how corporations
are using managed futures. Written by over a dozen top experts in the fields of futures
fund and portfolio management.
Authored by
Charles B. Epstein
Publication Date
1992
Availability
Hardcover
#109
Managed Futures
Ensure your Portfolio:
Opportunities, Mechanisms and Strategies
Despite its almost 50-year history, the asset class of managed futures is almost unknown
to Germany's investors. They offer attractive returns with acceptable risks. The book
offers interested investors all the important background information they need to make
a qualified decision about investing in managed futures. The authors explain how
returns are generated, what costs arise, what risks exist and how managed futures have
developed in comparison to other investments.
Authored by
Yasin Sebastian Qureshi
& Maria Katharina Heiden
Publication Date
2009
Availability
#110
Managed Trading
Myths & Truths
An in-depth investigation into the increasingly popular investment: managed
futures―written by one of the world's leading authorities.
“Jack Schwager has written the definitive book on managed futures investing. It is
exhaustive in coverage, and the analysis is exceptionally rigorous. The writing is
refreshingly candid and sure to provoke discussion on many important topics in the
managed futures industry. This book should be required reading for anyone considering
investing in managed futures.”―Scott Irwin Professor, The Ohio State University
“Jack continues to be both an educator and a portfolio manager. Managed Trading is a

wonderful book and much needed in the industry. I consider it required reading for
investors and financial industry professionals. Finally, a road map which outlines and
explores investment issues succinctly.”―M. Elaine Crocker President, Moore Capital
Management, Inc.
“This book is a 'must-read' for anyone thinking of investing in managed futures.

Schwager combines the best of academic research on managed futures investments
with his own practitioner experience to provide a comprehensive and insightful analysis
of the managed futures industry.”―Franklin R. Edwards Arthur F. Burns, Professor,
Finance and Economics Columbia Business School
Authored by
Jack D. Schwager
Publication Date
1996
Availability
Hardcover
#111
Panic-Proof Investing
Lessons in Profitable Investing
from a Market Wizard
Featured in Jack Schwager's bestselling The New MarketWizards, Tom Basso is one of
the most popular and most quotedprofessional traders in the world. In a book rich with
wit, wisdom, and a wealth of practical advice, Tom Basso, a.k.a. Mr. Serenity, tells you
how to center yourself for smart, balanced investmentchoices. Taking aim at internal
roadblocks to success, Tom clearlyshows why the sine qua non of being a successful
investor is toknow thyself. Writing in a jargon-free, down-to-earth style, heprepares you
for the investment process with tips on how to stayfocused; how to avoid and cope with
common frustrations; and how toavoid psychological pitfalls that lead to poor decision-
making anddisappointing returns.
• Witty, familiar, easy-to-read, and peppered with livelycartoons and illustrations.

• Packed with real-life case studies and telling parables inwhich you'll recognize
your own and your friends' experiences.
• Features a handy Panic-Proof Investor Checklist that sums upthe most important
points covered in the book.
Authored by
Thomas F. Basso
Publication Date
1994
Availability
Paperback, eBook
#112
Portfolio Investment Opportunities

in Managed Futures
The latest insight and strategies for asset managers on three major investment
vehiclesThis three-volume e-book series from the renowned David Darst details each of
these three asset classes, including the investment strategies associated with them, risks
and advantages of each, and the political and cultural particulars that investment
advisors and asset managers need to be aware of.
Authored by
David M. Darst
Publication Date
2013
Availability
eBook
#113
Starting Out in
Futures Trading
One of the best-known futures traders explains how to trade for profit in today's global
futures marketplace Look into the bookcase of any successful futures trader, and odds
are you'll find a worn, well-used copy of Mark Powers's Starting Out In Futures Trading.
In this new edition--the best-selling book's first update since 1993--Powers reflects on
the many new forces that are shaping the industry. From new rules and regulations to
the emergence of electronic trading and the Internet, Powers's unquestioned
knowledge and experience cover all the key basics in the world of futures trading--and
show traders from novice to veteran how to profit in that world.
Authored by
Mark Powers
Publication Date
2001
Availability
Paperback, eBook
#114
The Complete Idiot's Guide

to Options and Futures
Completely updated, this practical guide has the information investors need to keep up
in the complex, fast-paced, and highly profitable world of options and futures, where
everything is in play—from oil to diamonds, poultry to vaccines, franchises to coffee.
• Provides cutting edge information on energy futures and options

• Tools for creating flexible strategies that can move with the times
• New information on the solid standbys like livestock, precious metals, and
equities
• Keyed to the new realities of the global economy, making this book vital for
investors at all levels
• Highly respected expert author
Authored by
Scott Barrie
Publication Date
2001
Availability
Paperback
#115
The Futures Game

Who Wins? Who Loses?
& Why?
Filled with knowledgeable trading strategies and insights, revealing charts on today's
most interesting futures markets, and numerous respected trading approaches that will
allow you to craft a style based on your own strengths and requirements, The Futures
Game is likely to become the one resource you refer to most often.
Authored by
Frank J. Jones & Richard J. Teweles
Publication Date
1989
Availability
#116
The Handbook of
Managed Futures
Performance, Evaluation, and Analysis
In the quest for higher returns, institutional investors are investing billions of dollars into
managed futures and hedge funds, which offer more flexibility and diversification than
conventional funds. This completely updated and expanded edition of the classic
Managed Futures and Hedge Funds includes the latest information on hedge funds, as
well as new chapters on performance benchmarks and selection criteria. Readers will
find everything needed to understand and benefit from these alternative investments,
including how-to: develop an institutional protfolio of managed futures and hedge
funds; maximize diversification and arbitrage potential; successfully perform risk/return
analyses.
Authored by
Carl Peters & Ben Warwick
Publication Date
1996
Availability
Hardcover
#117
Winning in the Futures Market

A Money-Making Guide to Trading Hedging and
Speculating, Revised Edition
This newest edition explores all aspects of the futures markets from "What you need to
know" to "What you must do to win”. Learn how to build a trading plan, charting
techniques, contrary opinion trading, hedging and Gann methods and the proprietary
LSS Day Trading system 3 day cycle methods.
Authored by
George Angell
Publication Date
1990
Availability
Paperback
Stories of
Legendary Investors
#118
#119
#120
Against the Gods
Billion Dollar Whale
Famous Financial Fiascos
4
#121 Flash Boys
#122 Gambling Wizards
#123 Hedge Fund Market Wizards
#124 Inside the House of Money
#125 Inventing Money
#126 Market Wizards
#127 Money: Master the Game
#128 More Money Than God
#129 Reminiscences of a Stock Operator
#130 Stock Market Wizards
#131 The Big Short
#132 The Greatest Trade Ever
#133 The Man Who Solved the Market
#134 The Outsiders
#135 The Rule
#136 The Wizards of Wall Street
#137 Too Big to Fail
#138 Trader Vic
#139 Trading Sardines
#140 Unknown Market Wizards
#141 When Genius Failed
#118
Against the Gods

The Remarkable Story of Risk
With the stock market breaking records almost daily, leaving longtime market analysts
shaking their heads and revising their forecasts, a study of the concept of risk seems
quite timely. Peter Bernstein has written a comprehensive history of man's efforts to
understand risk and probability, beginning with early gamblers in ancient Greece,
continuing through the 17th-century French mathematicians Pascal and Fermat and up
to modern chaos theory. Along the way he demonstrates that understanding risk
underlies everything from game theory to bridge-building to winemaking.
Authored by
Peter L. Bernstein
Publication Date
1996
Availability
#119
Billion Dollar Whale

The Man Who Fooled Wall Street, Hollywood,
and the World
An epic true-tale of hubris and greed from two Pulitzer-finalist Wall Street Journal
reporters, Billion Dollar Whale reveals how a young social climber pulled off one of the
biggest financial heists in history--right under the nose of the global financial industry—
exposing the shocking secret nexus of elite wealth, banking, Hollywood, and politics.
The dust had yet to settle on the global financial crisis in 2009 when an unlikely
Wharton grad was setting in motion a fraud of unprecedented gall and magnitude—
one that would come to symbolize the next great threat to the global financial system.
Billion Dollar Whale will become a classic, harrowing parable about the financial world
in the twenty-first century.
Authored by
Tom Wright & Bradley Hope
Publication Date
2018
Availability
#120
Famous Financial
Fiascos
A classic study on different ways not to succeed. Everything from Mr. Ponzi,
Tulipomania, the Kuwait Stock Exchange Explosion, Bernie Cornfeld, Ivan Krueger, and
others. Shows the confusion of purpose, overgenerous investments, mistakes in timing
and many other ways where investors have gone wrong. As Parkinson says, "It is better
to learn from a book than to learn in a bankruptcy court.
Authored by
John Train
Publication Date
1985
Availability
#121
Flash Boys
A Wall Street Revolt
In Michael Lewis's game-changing bestseller, a small group of Wall Street iconoclasts
realize that the U.S. stock market has been rigged for the benefit of insiders. They band
together—some of them walking away from seven-figure salaries—to investigate,
expose, and reform the insidious new ways that Wall Street generates profits. If you
have any contact with the market, even a retirement account, this story is happening to
you.
Authored by
Michael Lewis
Publication Date
2014
Availability
#122
Gambling Wizards
Conversations with the World's
Greatest Gamblers
Can you imagine betting a million dollars on a football game or winning seven million
on a single horse race? Can you even fathom what it would be like to be the resident
backgammon player at the Playboy Mansion or to win the World Series of Poker …
twice? How would you react if a gun-wielding casino owner demanded back the money
that you won playing blackjack in his casino?
It’s all in a day’s work for the gamblers in this book. It isn’t luck. Collectively, they’ve won
hundreds of millions of dollars playing the games most people consider unbeatable.
Discover what it really takes to become a master gambler.
Gambling Wizards delves deeply into the lives and minds of some of the most
successful professional gamblers of all time.
Authored by
Richard W. Munchkin
Publication Date
2002
Availability
Paperback, eBook
#123
Hedge Fund
Market Wizards
How Winning Traders Win
From bestselling author, investment expert, and Wall Street theoretician Jack Schwager
comes a behind-the-scenes look at the world of hedge funds, from fifteen traders
who've consistently beaten the markets. Exploring what makes a great trader a great
trader, “Hedge Fund Market Wizards” breaks new ground, giving readers rare insight
into the trading philosophy and successful methods employed by some of the most
profitable individuals in the hedge fund business.Presents exclusive interviews with
fifteen of the most successful hedge fund traders and what they've learned over the
course of their careersIncludes interviews with Jamie Mai, Joel Greenblatt, Michael
Platt, Ray Dalio, Colm O'Shea, Ed Thorp, and many moreExplains forty key lessons for
tradersJoins “Stock Market Wizards”, “New Market Wizards”,and “Market Wizards” as
the fourth installment of investment guru Jack Schwager's acclaimed bestselling series
of interviews with stock market experts
A candid assessment of each trader's successes and failures, the book shows readers
what they can learn from each, and also outlines forty essential lessons—from finding a
trading method that fits an investor's personality to learning to appreciate the value of
diversification--that investment professionals everywhere can apply in their own careers.
Bringing together the wisdom of the true masters of the markets, “Hedge Fund Market
Wizards” is a collection of timeless insights into what it takes to trade in the hedge fund
world.
Authored by
Jack D. Schwager
Publication Date
2012
Availability
#124
Inside the House of Money

Top Hedge Fund Traders on Profiting in
the Global Markets
Inside the House of Money lifts the veil on the typically opaque world of hedge funds,
offering a rare glimpse at how today's highest paid money managers approach their
craft. Author Steven Drobny demystifies how these star traders make billions for well-
heeled investors, revealing their theories, strategies and approaches to markets.
Drobny, cofounder of Drobny Global Advisors, an international macroeconomic
research and advisory firm, has tapped into his network and beyond in order assemble
this collection of thirteen interviews with the industry's best minds. Along the way, you'll
get an inside look at firsthand trading experiences through some of the major world
financial crises of the last few decades. Whether Russian bonds, Pakistani stocks,
Southeast Asian currencies or stakes in African brewing companies, no market or
instrument is out of bounds for these elite global macro hedge fund managers. Highly
accessible and filled with in-depth expert opinion, Inside the House of Money is a must-
read for financial professionals and anyone else interested in understanding the
complexities at stake in world financial markets.
Authored by
Steven Drobny
Publication Date
2006
Availability
#125
Inventing Money
The Story of Long-Term Capital Management
and the Legends Behind It
LTCM was the fund that was too big to fail, the brightest star in the financial world. Built
on genius, by legends of Wall Street and two Nobel laureates, it spiralled to ever
greater heights, commanding unimaginable wealth. When it fell to earth in September
1998 it shook the world. This is the story of the rise and fall of LTCM and the legends
behind it. A brave and ambitious work, Inventing Money was written by leading
financial journalist Nicholas Dunbar.
Authored by
Nicholas Dunbar
Publication Date
1999
Availability
#126
Market Wizards
Interviews with Top Traders
What separates the world's top traders from the vast majority of unsuccessful investors?
Jack Schwager sets out to answer tis question in his interviews with superstar money-
makers including Bruce Kovner, Richard Dennis, Paul Tudor Jones, Michel Steinhardt, Ed
Seykota, Marty Schwartz, Tom Baldwin, and more in ""Market Wizards: Interviews with
Top Traders,"" now in paperback and ebook.
This classic interview-style investment text from a financial expert is a must-read for
traders and professional financiers alike, as well as anyone interested in gaining insight
into how the world of finance really works.Filled with anecdotes about market
experiences, including the story of a trader who after wiping out several times, turned
$30,000 into $80 million and an electrical engineer from MIT whose computerized
trading has earned returns of 250,000 percent over sixteen yearsIdentifies the factors
that define a successful traderNow availabe as in digital formats.
One of the most insightful, bestselling trading books of all time.
Authored by
Jack D. Schwager
Publication Date
1989
Availability
#127
Money: Master the Game

7 Simple Steps
to Financial Freedom
Tony Robbins has coached and inspired more than 50 million people from over 100
countries. More than 4 million people have attended his live events. Oprah Winfrey calls
him super-human. Now for the first time - in his first book in two decades - he's turned
to the topic that vexes us all: How to secure financial freedom for ourselves and our
families.
Based on extensive research and one-on-one interviews with more than 50 of the most
legendary financial experts in the world - from Carl Icahn and Warren Buffett, to Ray
Dalio and Steve Forbes - Tony Robbins has created a simple 7-step blueprint that
anyone can use for financial freedom.
Robbins has a brilliant way of using metaphor and story to illustrate even the most
complex financial concepts - making them simple and actionable. With expert advice
on our most important financial decisions, Robbins is an advocate for the reader,
dispelling the myths that often rob people of their financial dreams.
Tony Robbins walks readers of every income level through the steps to become
financially free by creating a lifetime income plan. This book delivers invaluable
information and essential practices for getting your financial house in order.
MONEY: Master the Game is the book millions of people have been waiting for.
Authored by
Tony Robbins
Publication Date
2014
Availability
#128
More Money Than God

Hedge Funds and the Making of
the New Elite
More Money Than God tells the inside story of hedge funds over the course of the last
6 decades. Hedge fund moguls have become the “It Boys” of 21st century capitalism.
Julian Robertson staffed his hedge fund with college athletes half his age, then he flew
them to various retreats in the Rockies and raced them up the mountains. Paul Tudor
Jones posed for a magazine photograph next to a killer shark and happily declared that
a 1929-style crash would be “total rock-and-roll” for him. Michael Steinhardt was
capable of reducing underlings to sobs. “All I want to do is kill myself”, one said. “Can I
watch?” Steinhardt responded.
Finance professors have long argued that beating the market is impossible, and yet
drawing on insights from physics, economics, and psychology, these titans have cracked
the market's mysteries and gone on to earn fortunes. Their innovation has transformed
the world, spawning new markets in exotic financial instruments and rewriting the rules
of capitalism.
More Money Than God is a window on tomorrow's financial system. Hedge funds have
been left for dead after past financial panics: After the stock market rout of the early
1970s, after the bond market bloodbath of 1994, after the collapse of Long Term
Capital Management in 1998, and yet again after the dot-com crash in 2000. Each time,
hedge funds have proved to be survivors, and it would be wrong to bet against them
now. The future of finance lies in the history of hedge funds.
Authored by
Sebastian Mallaby
Publication Date
2010
Availability
#129
Reminiscences of a Stock Operator

How to Beat the Markets, Using the Most Dependable and
Consistent, yet Often Overlooked Investment Strategy
First published in 1923, "Reminiscences of a Stock Operator" is the most widely read,
highly recommended investment book ever. Generations of readers have found that it
has more to teach them about markets and people than years of experience. This is a
timeless tale that will enrich your life--and your portfolio.
Authored by
Edwin Lefèvre
Publication Date
1923
Availability
#130
Stock Market Wizards

Interviews with America's
Top Stock Traders
The third in the bestselling Market Wizards series, this time focusing on the barometer
of the economy - the stock market.
It has been nearly a decade since the publication of the highly successful The New
Market Wizards. The interim has witnessed the most dynamic bull market in US stock
history, a collapse in commodity prices, dramatic failures in some of the world′s leading
hedge funds, the burst of the Internet bubble, a fall into recession and subsequent
rumblings of recovery. Who have been the market wizards during this tumultuous
financial period? How did some traders manage to significantly outperform a
stockmarket that during its heyday moved virtually straight up?
This book will feature interviews with a variety of traders who achieved phenomenal
financial success during the glory days of the Internet boom. In contrast with the first
two Market Wizard books, which included traders from a broad financial spectrum -
stocks, bonds, currencies and futures - this volume will focus on traders in the
stockmarket.
Authored by
Jack D. Schwager
Publication Date
2001
Availability
#131
The Big Short

Inside the Doomsday Machine
From the author of The Blind Side and Moneyball, The Big Short tells the story of four
outsiders in the world of high-finance who predict the credit and housing bubble
collapse before anyone else. The film adaptation by Adam McKay (Anchorman I and II,
The Other Guys) features Academy Award® winners Christian Bale, Brad Pitt, Melissa
Leo and Marisa Tomei; Academy Award® nominees Steve Carell and Ryan Gosling.
When the crash of the U.S. stock market became public knowledge in the fall of 2008, it
was already old news. The real crash, the silent crash, had taken place over the previous
year, in bizarre feeder markets where the sun doesn’t shine and the SEC doesn’t dare,
or bother, to tread. Who understood the risk inherent in the assumption of ever-rising
real estate prices, a risk compounded daily by the creation of those arcane, artificial
securities loosely based on piles of doubtful mortgages? In this fitting sequel to Liar’s
Poker, Michael Lewis answers that question in a narrative brimming with indignation and
dark humor.
Authored by
Michael Lewis
Publication Date
2010
Availability
#132
The Greatest Trade Ever

The Behind-The-Scenes Story of How John Paulson
Defied Wall Street and Made Financial History
In 2006, hedge fund manager John Paulson realized something few others suspected--
that the housing market and the value of subprime mortgages were grossly inflated and
headed for a major fall, but he knew very little about real estate or how to wager
against housing. Paulson was convinced this was his chance to make his mark. He just
wasn't sure how to do it. Seasoned Pros and colleagues alike dismissed Paulson’s
skepticism. But Paulson and a handful of renegade investors began to bet heavily
against risky mortgages and precarious financial companies. Timing is everything,
though. Initially, Paulson and the others lost tens of millions of dollars as real estate and
stocks continued to soar. Rather than back down, however, Paulson redoubled his bets,
putting his hedge fund and his reputation on the line.
However, by the end of 2007, John Paulson had pulled off the greatest trade in financial
history, earning more than $15 billion for his firm—a figure that dwarfed George Soros's
billion-dollar currency trade in 1992. Paulson made billions more in 2008 by
transforming his gutsy move. Some of the underdog investors who attempted the
daring trade also reaped fortunes. But others who got the timing wrong met
devastating failure, discovering that being early and right wasn't nearly enough.
The Greatest Trade Ever is a superbly written, fast-paced, behind-the-scenes narrative

of how a contrarian foresaw an escalating financial crisis--that outwitted Chuck Prince,
Stanley O'Neal, Richard Fuld, and Wall Street's titans--to make financial history.
Authored by
Gregory Zuckerman
Publication Date
2009
Availability
#133
The Man Who Solved the Market

How Jim Simons Launched
the Quant Revolution
Jim Simons is the greatest money maker in modern financial history. No other investor--
Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros--can touch his
record. Since 1988, Renaissance's signature Medallion fund has generated average
annual returns of 66 percent. The firm has earned profits of more than $100 billion;
Simons is worth twenty-three billion dollars.
Drawing on unprecedented access to Simons and dozens of current and former

employees, Zuckerman, a veteran Wall Street Journal investigative reporter, tells the
gripping story of how a world-class mathematician and former code breaker mastered
the market. Simons pioneered a data-driven, algorithmic approach that's sweeping the
world.
As Renaissance became a market force, its executives began influencing the world
beyond finance. Simons became a major figure in scientific research, education, and
liberal politics. Senior executive Robert Mercer is more responsible than anyone else for
the Trump presidency, placing Steve Bannon in the campaign and funding Trump's
victorious 2016 effort. Mercer also impacted the campaign behind Brexit.
The Man Who Solved the Market is a portrait of a modern-day Midas who remade
markets in his own image, but failed to anticipate how his success would impact his firm
and his country. It's also a story of what Simons's revolution means for the rest of us.
Authored by
Gregory Zuckerman
Publication Date
2019
Availability
#134
The Outsiders
Eight Unconventional CEOs and Their Radically
Rational Blueprint for Success
Will Thorndike brings to bear the analytical wisdom of a successful career in investing,
closely evaluating the performance of companies and their leaders. You will meet eight
individualistic CEOs whose firms’ average returns outperformed the S&P 500 by a factor
of twenty—in other words, an investment of $10,000 with each of these CEOs, on
average, would have been worth over $1.5 million twenty-five years later. You may not
know all their names, but you will recognize their companies: General Cinema, Ralston
Purina, The Washington Post Company, Berkshire Hathaway, General Dynamics, Capital
Cities Broadcasting, TCI, and Teledyne. In The Outsiders, you’ll learn the traits and
methods—striking for their consistency and relentless rationality—that helped these
unique leaders achieve such exceptional performance.
Humble, unassuming, and often frugal, these “outsiders” shunned Wall Street and the
press, and shied away from the hottest new management trends. Instead, they shared
specific traits that put them and the companies they led on winning trajectories: a laser-
sharp focus on per share value as opposed to earnings or sales growth; an exceptional
talent for allocating capital and human resources; and the belief that cash flow, not
reported earnings, determines a company’s long-term value.
Drawing on years of research and experience, Thorndike tells eye-opening stories,

extracting lessons and revealing a compelling alternative model for anyone interested
in leading a company or investing in one—and reaping extraordinary returns.
Authored by
William N. Thorndike
Publication Date
1997
Availability
#135
The Rule
How I Beat the Odds in the Markets and in Life
and How You Can Too
In The Rule, legendary trader and hedge fund pioneer Larry Hite recounts his working-
class upbringing in Brooklyn as a dyslexic, partially blind kid who was anything but a
model student--and how he went on to found and run Mint Investment Management
Company, one of the most profitable and largest quantitative hedge funds in the world.
Hite's wild success is based on his deep understanding that markets are flawed--just like
people. Through his early-life struggles and failures, Hite came to know himself well--his
fears, his frustrations, his self-doubt, and his tolerance for all of the above. This
motivational book reveals that by accepting the facts of his life and of himself, he was
able to accept markets as they are. And that was the key to his success.
In these pages, you'll walk of the footsteps of an investing legend, who imparts smart,
practical trading lessons throughout the journey. Making a successful living in trading
isn't about beating the markets. It's about meeting markets where they are, embracing
the fact of risk, knowing yourself, and playing it strictly by the numbers.
The Rule shows that investing decisions are not only bets or gambles, but investments
in time, energy, and attention. By focusing on realistic returns on your investments--
versus what you expect or hope to get--you immediately improve your probability for
success.
Authored by
Larry Hite
Publication Date
2019
Availability
#136
The Wizards of Wall Street

Business Adventures, Once in Golconda,
and the Go-Go Years
For decades, author and New Yorker staff writer John Brooks was renowned for his keen
intelligence, in-depth knowledge, and uniquely engaging approach to the dramas and
personalities of the financial and business worlds. With a style of prose that ""turns
potentially eye-glazing topics . . . into rollicking narratives,"" Brooks proved that even
the bottom line can be moving, hilarious, and infuriating all at once (Slate). Here are
three of his most fascinating works, which still resonate today.
Business Adventures: This collection of entertaining short features is a brilliant example

of Brooks's talents, covering subjects such as the Edsel disaster, the rise of Xerox, and
how corruption may be an irreparable part of the corporate world.
“Brooks's deeper insights about business are just as relevant today as they were back
then.” —Bill Gates, The Wall Street Journal
"Brooks is truly willing to give up his own views to get inside the mind of all his
subjects." —National Review
"An unusually complex and thoughtful work of social history." —The New York Times
Authored by
John Brooks
Publication Date
2018
Availability
eBook
#137
Too Big to Fail

How Wall Street and Washington Fought to Save the
Financial System from Crisis — and Themselves
Andrew Ross Sorkin delivers the first true behind-the-scenes, moment-by-moment
account of how the greatest financial crisis since the Great Depression developed into a
global tsunami. From inside the corner office at Lehman Brothers to secret meetings in
South Korea, and the corridors of Washington, Too Big to Fail is the definitive story of
the most powerful men and women in finance and politics grappling with success and
failure, ego and greed, and, ultimately, the fate of the world’s economy.
“We’ve got to get some foam down on the runway!” a sleepless Timothy Geithner, the
then-president of the Federal Reserve of New York, would tell Henry M. Paulson, the
Treasury secretary, about the catastrophic crash the world’s financial system would
experience.
Through unprecedented access to the players involved, Too Big to Fail re-creates all the
drama and turmoil, revealing neverdisclosed details and elucidating how decisions
made on Wall Street over the past decade sowed the seeds of the debacle. This true
story is not just a look at banks that were “too big to fail,” it is a real-life thriller with a
cast of bold-faced names who themselves thought they were too big to fail.
Authored by
Andrew Ross Sorkin
Publication Date
2009
Availability
#138
Trader Vic
Methods of a Wall Street Master
“Trader Vic — Methods of a Wall Street Master Investment strategies from the man
Barron's calls The Ultimate Wall Street Pro Victor Sperandeo is gifted with one of the
finest minds I know. No wonder he's compiled such an amazing record of success as a
money manager. Every investor can benefit from the wisdom he offers in his new book.
Don't miss it!” —Paul Tudor Jones Tudor Investment Corporation.
“Here's a simple review in three steps: 1. Buy this book! 2. Read this book! 3. See step
2. For those who can't take a hint, Victor Sperandeo with T. Sullivan Brown has written a
gem, a book of value for everyone in the markets, whether egghead, novice or
seasoned speculator.” —John Sweeney Technical Analysis of Stocks and Commodities.
“I have followed Victor Sperandeo's advice for ten years, and the results have been
outstanding. This book is a must for any serious investor.” —James J. Hayes, Vice
President, Investments Prudential Securities Inc.
“This book gave me a wealth of new insights into trading. Whether you're a short-term
trader or a long-term investor, you will improve your performance by following
Sperandeo's precepts.” —Louis I. Margolis Managing Director, Salomon Brothers, Inc.
Authored by
Victor Sperandeo
Publication Date
1993
Availability
#139
Trading Sardines
Lessons in the Markets
from a Lifelong Trader
Trading Sardines celebrates grit and resilience in the financial markets. It is a hilarious,
honest, and poignant account of the evolution of a professional trader over nearly four
decades. From the raucous trading floors of the early eighties to the days of giant
server racks thirty years later, the reader takes a chronological trip through the markets,
trading strategies, and unimaginable events, watching how one woman responds with
unblinking honesty. Linda Raschke shares a lifetime of market lessons while highlighting
the tension between luck, risk, and passion. Along the way, she shows that
perseverance can overcome the most inconceivable challenges, both in life and in
trading. Her stories, documented with charts and photos, will keep you captivated and
prove that humor may just be the key ingredient for survival. You won't hear these types
of tales anywhere else-this is the REAL world of trading. This book will motivate every
trader, no matter the level of proficiency and experience. Linda's success is testimony
that you don't have to be perfect, you just have to stay in the game.
Authored by
Linda Raschke
Publication Date
2018
Availability
Hardcover
#140
Unknown Market Wizards

The best traders
you've never heard of
The Market Wizards are back! Unknown Market Wizards continues in the three-decade
tradition of the hugely popular Market Wizards series, interviewing exceptionally
successful traders to learn how they achieved their extraordinary performance results.
The twist here is that the featured traders are individuals trading their own accounts,
unknown in the investment world. These traders have achieved performance records
that rival the best professional managers. Some of the stories include:
• A trader who turned an initial account of $2,500 into $50 million.
• A trader who achieved an average annual return of 337% over a 13-year period.
• A trader who made tens of millions using a unique approach that employed
neither fundamental nor technical analysis.
• A former advertising executive who used classical chart analysis to achieve a 58%
average annual return over a 27-year trading span.
• A promising junior tennis player in the UK who abandoned his quest for a
professional sporting career for trading and generated a nine-year track record
with an average annual return just under 300%.
Author and trading expert Jack D. Schwager is our guide. His trademark interview style
encourages the Wizards to reveal the details of their training, experience, tactics,
strategies, and their best and worst trades. There are dashes of humour and revelations
about the human side of trading throughout. The result is a engrossing new collection
of trading wisdom, full of insights that can help all traders improve their outcomes.
Authored by
Jack D. Schwager
Publication Date
2020
Availability
#141
When Genius Failed

The Rise and Fall of Long Term
Capital Management
In this business classic—now with a new Afterword in which the author draws parallels
to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride
of Long-Term Capital Management. Drawing on confidential internal memos and
interviews with dozens of key players, Lowenstein explains not just how the fund made
and lost its money but also how the personalities of Long-Term’s partners, the
arrogance of their mathematical certainties, and the culture of Wall Street itself
contributed to both their rise and their fall.
When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund
in history. But after four years in which the firm dazzled Wall Street as a $100 billion
moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not
only the biggest banks on Wall Street but the stability of the financial system itself. The
dramatic story of Long-Term’s fall is now a chilling harbinger of the crisis that would
strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new
Afterword, Lowenstein shows that LTCM’s implosion should be seen not as a one-off
drama but as a template for market meltdowns in an age of instability—and as a wake-
up call that Wall Street and government alike tragically ignored.
Authored by
Roger Lowenstein
Publication Date
2000
Availability
The Historic
Perspective
#142
#143
#144
A Colossal Failure of Common Sense
A First-Class Catastrophe
Beyond Blockchain
5
#145 Boom and Bust
#146 Boomerang
#147 Coming Apart
#148 Dark Pools
#149 Den of Thieves
#150 Dying of Money
#151 Empire of Debt
#152 Extraordinary Popular Delusions and the Madness of Crowds
#153 FIASCO
#154 Flash Crash
#155 From Tulips to Bitcoins
#156 Generations
#157 Irrational exuberance
#158 Keeping At It
#159 Lords of Finance
#160 Merchants of Debt
#161 Monkey Business
#162 Narrative Economics
#163 People, Power, and Profits
#164 Princes of the Yen
#165 The Buy Side
#166 The Changing World Order
#167 The Dao of Capital
#168 The Devil's Derivatives
#169 The Economists' Hour
The Historic
Perspective
#170
#171
#172
The End of Wall Street
The Fountainhead
The Fourth Turning
5
#173 The Go-Go Years
#174 The Great Hangover
#175 The Master Algorithm
#176 The Match King
#177 The New Map
#178 The Physics of Wall Street
#179 The Predator's Ball
#180 The Prize
#181 The Quest
#182 Triumph of the Optimists
#183 When Money Dies
#184 When Washington Shut Down Wall Street
#185 Where Are the Customers Yachts
#142
A Colossal Failure of Common Sense

The Incredible Inside Story of the Collapse of
Lehman Brothers
One of the biggest questions of the financial crisis has not been answered until now.
What happened at Lehman Brothers and why was it allowed to fail, with aftershocks that
rocked the global economy? In this news-making, often astonishing book, a former
Lehman Brothers Vice President gives us the answers—right from the belly of the beast.
In A Colossal Failure of Common Sense, Larry McDonald, a Wall Street insider, reveals,
the culture and unspoken rules of the game like no book has ever done. The book is
couched in the very human story of Larry McDonald’s Horatio Alger-like rise from a
Massachusetts “gateway to nowhere” housing project to the New York headquarters of
Lehman Brothers, home of one of the world’s toughest trading floors.
We get a close-up view of the participants in the Lehman collapse, especially those who
saw it coming with a helpless, angry certainty. We meet the Brahmins at the top, whose
reckless, pedal-to-the-floor addiction to growth finally demolished the nation’s oldest
investment bank. The Wall Street we encounter here is ruthless, where brilliance,
arrogance, ambition, greed, capacity for relentless toil, and other human traits combine
in a potent mix that sometimes fuels prosperity but occasionally destroys it.
The full significance of the dissolution of Lehman Brothers remains to be measured. But
this much is certain: it was a devastating blow to America’s—and the world’s—financial
system. And it need not have happened. This is the story of why it did.
Authored by
Lawrence G. McDonald & Patrick Robinson
Publication Date
2009
Availability
#143
A First-Class Catastrophe
The Road to Black Monday,
the Worst Day in Wall Street History
Monday, October 19, 1987, was by far the worst day in Wall Street history. The market
fell 22.6 percent – almost twice as bad as the worst day of 1929 – equal to a one-day
loss of nearly 5,000 points today.
Black Monday was more than seven years in the making and threatened nearly every
U.S. financial institution. Drawing on superlative archival research and dozens of original
interviews Diana B. Henriques weaves a tale of missed opportunities, market delusions,
and destructive actions that stretched from the “silver crisis” of 1980 to turf battles in
Washington, a poisonous rivalry between the New York Stock Exchange and the
Chicago Mercantile Exchange, and the almost-fatal success of two California professors
whose idea for reducing market risk spun terribly out of control. As the story hurtles
forward, the players struggle to forestall a looming market meltdown and unexpected
heroes step in to avert total disaster.
For thirty years, investors, regulators, and bankers have failed to heed the lessons of
1987, even as the same patterns have resurfaced, most spectacularly in the financial
crisis of 2008. A First-Class Catastrophe offers a new way of looking not only at the past,
but at our financial future as well.
Authored by
Diana B. Henriques
Publication Date
2017
Availability
#144
Beyond Blockchain
The Death of the Dollar and the Rise of
Digital Currency
The cryptocurrency trend has continued to grow despite widespread predictions that it
would just be a flash in the pan. Blockchain is everyone's favorite buzzword. But what if
there's more to this story than meets the eye? What if Digital Currency is about to
change the world in ways beyond our imagination? And what if geopolitical forces our
politicians don't even understand have already inspired China and Russia to use Digital
Currency to attack the U.S. Dollar's dominance over the global financial system?
The Dollar has served as the world's reserve currency since 1944, and the fringe
benefits have allowed the U.S. Government to borrow and spend beyond its means and
run massive trade deficits for decades. Now China and Russia suddenly have a new
lever to use which could upset the global balance of power. Who would have guessed
that technology breakthroughs conceived by the inventors of cryptocurrency would
hand China and Russia just the weapon they needed to attack the Dollar's rule over the
global economy?
The invention of digital cash enables government-issued digital currency systems that
could completely modernize the global monetary system. The potential benefits to
society are so great that it's hard to grasp their full magnitude. But a digital currency
system introduced by China and Russia could upstage the Dollar and replace it as
global reserve currency, causing devastating consequences for the U.S. economy. Which
country wins the new digital currency race could change the course of human history.
Authored by
Erik Townsend
Publication Date
2018
Availability
Paperback, eBook
#145
Boom and Bust

A Global History of Financial Bubbles
Why do stock and housing markets sometimes experience amazing booms followed by
massive busts and why is this happening more and more frequently? In order to answer
these questions, William Quinn and John D. Turner take us on a riveting ride through
the history of financial bubbles, visiting, among other places, Paris and London in 1720,
Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in
the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they
help us understand why bubbles happen, and why some have catastrophic economic,
social and political consequences whilst others have actually benefited society. They
reveal that bubbles start when investors and speculators react to new technology or
political initiatives, showing that our ability to predict future bubbles will ultimately
come down to being able to predict these sparks.
Authored by
William Quinn & John Turner
Publication Date
2020
Availability
Hardcover, eBook
#146
Boomerang
Travels in the New Third World
The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was
more than a simple financial phenomenon: it was temptation, offering entire societies
the chance to reveal aspects of their characters they could not normally afford to
indulge.
Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted
to turn their country into a pinata stuffed with cash and allow as many citizens as
possible to take a whack at it. The Germans wanted to be even more German; the Irish
wanted to stop being Irish.
Michael Lewis's investigation of bubbles beyond our shores is so brilliantly, sadly

hilarious that it leads the American reader to a comfortable complacency: oh, those
foolish foreigners. But when he turns a merciless eye on California and Washington, DC,
we see that the narrative is a trap baited with humor, and we understand the reckoning
that awaits the greatest and greediest of debtor nations.
Authored by
Michael Lewis
Publication Date
2011
Availability
#147
Coming Apart
The State of White America
In Coming Apart, Charles Murray explores the formation of American classes that are
different in kind from anything we have ever known, focusing on whites as a way of
driving home the fact that the trends he describes do not break along lines of race or
ethnicity.
Drawing on five decades of statistics and research, Coming Apart demonstrates that a
new upper class and a new lower class have diverged so far in core behaviors and
values that they barely recognize their underlying American kinship—divergence that
has nothing to do with income inequality and that has grown during good economic
times and bad.
The top and bottom of white America increasingly live in different cultures, Murray
argues, with the powerful upper class living in enclaves surrounded by their own kind,
ignorant about life in mainstream America, and the lower class suffering from erosions
of family and community life that strike at the heart of the pursuit of happiness. That
divergence puts the success of the American project at risk.
The evidence in Coming Apart is about white America. Its message is about all of
America.
Authored by
Charles Murray
Publication Date
2012
Availability
#148
Dark Pools
The Rise of the Machine Traders
and the Rigging of the U.S. Stock Market
A news-breaking account of the global stock market's subterranean battles, Dark Pools
portrays the rise of the ""bots""- artificially intelligent systems that execute trades in
milliseconds and use the cover of darkness to out-maneuver the humans who've
created them.
In the beginning was Josh Levine, an idealistic programming genius who dreamed of
wresting control of the market from the big exchanges that, again and again, gave the
giant institutions an advantage over the little guy. Levine created a computerized
trading hub named Island where small traders swapped stocks, and over time his
invention morphed into a global electronic stock market that sent trillions in capital
through a vast jungle of fiber-optic cables.
By then, the market that Levine had sought to fix had turned upside down, birthing
secretive exchanges called dark pools and a new species of trading machines that could
think, and that seemed, ominously, to be slipping the control of their human masters.
Dark Pools is the fascinating story of how global markets have been hijacked by trading
robots--many so self-directed that humans can't predict what they'll do next.
Authored by
Scott Patterson
Publication Date
2012
Availability
#149
Den of Thieves
A #1 bestseller from coast to coast, Den of Thieves tells the full story of the insider-
trading scandal that nearly destroyed Wall Street, the men who pulled it off, and the
chase that finally brought them to justice.
Pulitzer Prize–winner James B. Stewart shows for the first time how four of the eighties’
biggest names on Wall Street—Michael Milken, Ivan Boesky, Martin Siegel, and Dennis
Levine—created the greatest insider-trading ring in financial history and almost walked
away with billions, until a team of downtrodden detectives triumphed over some of
America’s most expensive lawyers to bring this powerful quartet to justice.
Based on secret grand jury transcripts, interviews, and actual trading records, and
containing explosive new revelations about Michael Milken and Ivan Boesky written
especially for this paperback edition, Den of Thieves weaves all the facts into an
unforgettable narrative—a portrait of human nature, big business, and crime of
unparalleled proportions.
Authored by
James B. Stewart
Publication Date
1991
Availability
#150
Dying of Money
Lessons of the Great German
& American Inflations
In this book, Jens O. Parsson performs the neat trick of transforming the dry economic
subject of inflation into a white-knuckles kind of blood-chiller. He begins with a
freewheeling account of the spectacular inflation that all but destroyed Germany in
1923, taking it apart to find out both what made it tick and what made it finally end. He
goes on to look at the American inflation that was steadily gaining force after 1962. In
terms clear and fascinating enough for any layman, but with technical validity enough
for any economist, he applies the lessons gleaned from the German inflation to find
that too much about the American inflation was the same, lacking only the inexorable
further deterioration that time would bring. The book concludes by charting out all the
possible future prognoses for the American inflation, none easy but some much less
catastrophic than others.
This book packs a wallop. It is not for the timid, and it spares no tender sensibilities.
The conclusions it reaches are shocking and are bound to provoke endless dispute. If
they proved to approximate even remotely the correct analysis of the American
inflation, hardly any American citizen could escape being the prey of inflation and no
one could afford not to know where the inflation was taking him. In the economic daily
lives of everyone, nothing will be the same after this book as it was before.
Authored by
Jens O. Parsson
Publication Date
1974
Availability
#151
Empire of Debt
The Rise of an Epic Financial Crisis
In Empire of Debt, maverick financial writers Bill Bonner and Addison Wiggin provide
you with the first in-depth look at how the American character has shifted to
accommodate its new imperial role; how we have abandoned the private virtues of
personal liberty, economic freedom, and fiscal restraint; and how the government has
gained control of public life and the economy.
Authored by
Addison Wiggin, Bill Bonner
Publication Date
2006
Availability
#152
Extraordinary Popular
Delusions and the
Madness of Crowds
First published in 1841, Extraordinary Popular Delusions and the Madness of Crowds is
often cited as the best book ever written about market psychology. This Harriman
House edition includes Charles Mackay's account of the three infamous financial manias
- John Law's Mississipi Scheme, the South Sea Bubble, and Tulipomania.
Between the three of them, these historic episodes confirm that greed and fear have
always been the driving forces of financial markets, and, furthermore, that being
sensible and clever is no defence against the mesmeric allure of a popular craze with
the wind behind it.
In writing the history of the great financial manias, Charles Mackay proved himself a
master chronicler of social as well as financial history. Blessed with a cast of characters
that covered all the vices, gifted a passage of events which was inevitably heading for
disaster, and with the benefit of hindsight, he produced a record that is at once a
riveting thriller and absorbing historical document. A century and a half later, it is as
vibrant and lurid as the day it was written.
For modern-day investors, still reeling from the dotcom crash, the moral of the popular
manias scarcely needs spelling out. When the next stock market bubble comes along,
as it surely will, you are advised to recall the plight of some of the unfortunates on these
pages, and avoid getting dragged under the wheels of the careering bandwagon
yourself.
Authored by
Charles Mackay
Publication Date
1841
Availability
#153
FIASCO
Blood in the Water on Wall Street
FIASCO is the shocking story of one man's education in the jungles of Wall Street. As a
young derivatives salesman at Morgan Stanley, Frank Partnoy learned to buy and sell
billions of dollars worth of securities that were so complex many traders themselves
didn't understand them. In his behind-the-scenes look at the trading floor and the
offices of one of the world's top investment firms, Partnoy recounts the macho attitudes
and fiercely competitive ploys of his office mates. And he takes us to the annual
drunken skeet-shooting competition, FIASCO, where he and his colleagues sharpen the
killer instincts they are encouraged to use against their competitiors, their clients, and
each other. FIASCO is the first book to take on the derivatves trading industry, the most
highly charged and risky sector of the stock market. More importantly, it is a blistering
indictment of the largely unregulated market in derivatives and serves as a warning to
unwary investors about real fiascos, which have cost billions of dollars.
Authored by
Frank Partnoy
Publication Date
1999
Availability
#154
Flash Crash
A Trading Savant, a Global Manhunt, and the Most
Mysterious Market Crash in History
On May 6, 2010, financial markets around the world tumbled simultaneously and
without warning. In the span of five minutes, a trillion dollars of valuation was lost. The
Flash Crash, as it became known, represented the fastest drop in market history. When
share values rebounded less than half an hour later, experts around the globe were left
perplexed. What had they just witnessed?
Navinder Singh Sarao hardly seemed like a man who would shake the world's financial
markets to their core. Raised in a working-class neighborhood in West London, Nav was
a preternaturally gifted trader who played the markets like a computer game. By the
age of thirty, he had left behind London's ""trading arcades,"" working instead out of
his childhood home. For years the money poured in. But when lightning-fast electronic
traders infiltrated markets and started eating into his profits, Nav built a system of his
own to fight back. It worked--until 2015, when the FBI arrived at his door. Depending
on whom you ask, Sarao was a scourge, a symbol of a financial system run horribly
amok, or a folk hero who took on the tyranny of Wall Street and the high-frequency
traders.
A real-life financial thriller, Flash Crash uncovers the remarkable, behind-the-scenes

narrative of a mystifying market crash, a globe-spanning investigation into international
fraud, and the man at the center of them both.
Authored by
Liam Vaughan
Publication Date
2020
Availability
#155
From Tulips to Bitcoins

A History of Fortunes Made and Lost
in Commodity Markets
Four Centuries of Speculation and Commodity Markets. From Tulips to Bitcoins is a
fascinating look at big events in commodity and crypto markets from the Dutch Tulip
Mania to Bitcoins today. It covers the Silver Thursday and the Hunt Brothers, the doom
of Amaranth Advisors and Brian Hunter, Copper and the Congo, Gold, Rare Earths,
Energy Metals, and Bitcoins, which rose from below 1,000 USD to above 20,000 USD
within a year. These markets are on a crossroad of investing mega trends like
demographics, climate change, electrification, and digitalization. By studying and
learning from our past, we can make better decisions about the future. As Benjamin
Franklin said, “An investment in knowledge pays the best interest.”
Authored by
Torsten Dennin
Publication Date
2019
Availability
Paperback, eBook
#156
Generations
The History Of America's Future,
1584 - 2069
Hailed by national leaders as politically diverse as former Vice President Al Gore and
former House Speaker Newt Gingrich, Generations has been heralded by reviewers as a
brilliant, if somewhat unsettling, reassessment of where America is heading.
William Strauss and Neil Howe posit the history of America as a succession of
generational biographies, beginning in 1584 and encompassing everyone through the
children of today. Their bold theory is that each generation belongs to one of four
types, and that these types repeat sequentially in a fixed pattern. The vision of
Generations allows us to plot a recurring cycle in American history—a cycle of spiritual
awakenings and secular crises—from the founding colonists through the present day
and well into this millenium.
Generations is at once a refreshing historical narrative and a thrilling intuitive leap that
reorders not only our history books but also our expectations for the twenty-first
century.
Authored by
Neil Howe & William Strauss
Publication Date
1991
Availability
#157
Irrational
exuberance
As Robert Shiller’s new 2009 preface to his prescient classic on behavioral economics
and market volatility asserts, the irrational exuberance of the stock and housing markets
“has been ended by an economic crisis of a magnitude not seen since the Great
Depression of the 1930s.” As we all, ordinary Americans and professional investors
alike, crawl from the wreckage of our heedless bubble economy, the shrewd insights
and sober warnings, and hard facts that Shiller marshals in this book are more
invaluable than ever.
The original and bestselling 2000 edition of Irrational Exuberance evoked Alan
Greenspan’s infamous 1996 use of that phrase to explain the alternately soaring and
declining stock market. It predicted the collapse of the tech stock bubble through an
analysis of the structural, cultural, and psychological factors behind levels of price
growth not reflected in any other sector of the economy. In the second edition (2005),
Shiller folded real estate into his analysis of market volatility, marshalling evidence that
housing prices were dangerously inflated as well, a bubble that could soon burst,
leading to a “string of bankruptcies” and a “worldwide recession.” That indeed came to
pass, with consequences that the 2009 preface to this edition deals with.
Irrational Exuberance is more than ever a cogent, chilling, and astonishingly far-seeing
analytical work that no one with any money in any market anywhere can afford not to
read–and heed.
Authored by
Robert J. Shiller
Publication Date
2000
Availability
Hardcover
#158
Keeping At It
Quest for Sound Money
and Good Government
The extraordinary life story of the former chairman of the Federal Reserve, whose
absolute integrity provides the inspiration we need as our constitutional system and
political tradition are being tested to the breaking point.
As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation
dragon that was consuming the American economy and restored the world's faith in
central bankers. That extraordinary feat was just one pivotal episode in a decades-long
career serving six presidents.
Told with wit, humor, and down-to-earth erudition, the narrative of Volcker's career
illuminates the changes that have taken place in American life, government, and the
economy since World War II. He vibrantly illustrates the crises he managed alongside
the world's leading politicians, central bankers, and financiers. Yet he first found his
model for competent and ethical governance in his father, the town manager of
Teaneck, NJ, who instilled Volcker's dedication to absolute integrity and his ""three
verities"" of stable prices, sound finance, and good government.
Authored by
Paul Volcker
Publication Date
2018
Availability
#159
Lords of Finance
The Bankers Who Broke the World
It is commonly believed that the Great Depression that began in 1929 resulted from a
confluence of events beyond any one person’s or government’s control. In fact, as
Liaquat Ahamed reveals, it was the decisions taken by a small number of central
bankers that were the primary cause of the economic meltdown, the effects of which set
the stage for World War II and reverberated for decades.
Montagu Norman, Émile Moreau, Hjalmar Schacht, Benjamin Strong—After the First
World War, these central bankers attempted to reconstruct the world of international
finance. Despite their differences, they were united by a common fear—that the
greatest threat to capitalism was inflation— and by a common vision that the solution
was to turn back the clock and return the world to the gold standard.
For a brief period in the mid-1920s they appeared to have succeeded. The world’s
currencies were stabilized and capital began flowing freely across the globe. But
beneath it all, cracks started to appear in the financial system. The gold standard that all
had believed would provide an umbrella of stability proved to be a straitjacket, and the
world economy began that terrible downward spiral known as the Great Depression.
The Great Depression remains the benchmark for true financial mayhem. Lords of
Finance is a reminder of the huge impact the decisions of central bankers can have, of
their fallibility, and the terrible consequences that can result when they are wrong.
Authored by
Liaquat Ahamed
Publication Date
2009
Availability
#160
Merchants of Debt
KKR and the Mortgaging of
American Business
For more than a decade, Henry Kravis and George Roberts have been archetypes, first
of Wall Street's boom years and then of its excesses. Their story and that of their firm--
the biggest, most successful, and most controversial participant in the age of leverage--
illuminates an entire era of financial maneuvering and speculative mania. Kravis and
Roberts wrote their way into the history books by concocting one giant takeover after
another. Their technique: the leveraged buyout, an audacious way to acquire a
company with borrowed money, borrowed management--and a lot of nerve. Their firm,
Kohlberg Kravis Roberts & Co., dominated the Wall Street scene in the late 1980s,
acquiring one Fortune 500 company after another, including Safeway, Duracell, Motel 6,
and RJR Nabisco. Merchants of Debt draws on more than 200 interviews, including
recurring access to the central figures and their KKR associates, as well as court
documents and private correspondence to couch giant financial issues in human terms.
The story of KKR shows how pride, jealousy, fear, and ambition fueled Wall Street's debt
mania--with consequences that affected hundreds of thousands of people. Anders
addresses three questions: Why did American business become so enchanted by debt
in the 1980s? How exactly did Kravis and Roberts rise to the top of the heap? What
have buyouts, especially KKR's deals, done to America's economic strength? Here is a
gripping saga that takes readers behind closed boardroom doors to show how star-
struck young bankers, ruthless deal-makers, and nervous CEOs changed one another's
lives--and the whole American economy--over a fifteen-year span.
Authored by
George Anders
Publication Date
1992
Availability
#161
Monkey Business
Swinging Through the
Wall Street Jungle
Animal House meets Liar's Poker in this hysterically funny, often unbelievable, and
absolutely, positively true account of life at DLJ, one of the hottest investment banks on
Wall Street.
Like most other young business school graduates, John Rolfe and Peter Troob thought
that life in a major investment banking firm would make their wildest dreams come true
-- it would be fast-paced, intellectually challenging, and, best of all, lucrative.
They were in for a surprise. For behind the walls of Wall Street's firms lies a stratum of
stunted, overworked, abused, and in the end, very well-compensated, but very
frustrated men and women. Monkey Business takes readers behind the scenes at
Donaldson, Lufkin, and Jenrette (DLJ), one of Wall Street's hottest firms of the 90s, from
the interview process to the courting of clients to bonus time. It's a glimpse of a side of
the business the financial periodicals don't talk about -- 20-hour work days, trips across
the country where associates do nothing except carry the pitch book, strip clubs at
night, inflated salaries, and high-powered, unforgettable personalities.
Monkey Business provides readers with a first-class education in the real life of an
investment banker. But best of all, it is an extremely funny read about two young men
who, on their way towards achieving the American dream, quickly realized they were
selling their souls to get there.
Authored by
John Rolfe, Peter Troob
Publication Date
2000
Availability
#162
Narrative Economics
How Stories Go Viral and
Drive Major Economic Events
In a world in which internet trolls attempt to influence foreign elections, can we afford
to ignore the power of viral stories to affect economies? In this groundbreaking book,
author Robert Shiller offers a new way to think about the economy and economic
change. Using a rich array of historical examples and data, Shiller argues that studying
popular stories that affect individual and collective economic behavior—what he calls
narrative economics—has the potential to vastly improve our ability to predict, and
prepare for, the damage of financial crises, and other major economic events.
Spread through the public in the form of popular stories, ideas can go viral and move
markets—whether it's the belief that tech stocks can only go up, that housing prices
never fall, or that some firms are too big to fail. Whether true or false, stories like these
—transmitted by word of mouth, by the news media, and social media—drive the
economy by driving our decisions about how and where to invest, how much to spend
and save, and more. But despite the importance of such stories, most economists have
paid little attention to them. Narrative Economics sets out to change that by laying the
foundation for a way of understanding how stories help propel economic events that
have had led to war, mass unemployment, and increased inequality.
The stories people tell—about economic confidence or panic, housing booms, the
American dream, or Bitcoin—affect economic outcomes. Narrative Economics explains
how we can begin to take these stories seriously.
Authored by
Robert Schiller
Publication Date
2019
Availability
#163
People, Power, and Profits

Progressive Capitalism
for an Age of Discontent
We all have the sense that the American economy tilts toward big business. A few
corporations have come to dominate entire sectors of the economy, contributing to
skyrocketing inequality and slow growth. This is how the financial industry has managed
to write its own regulations, tech companies have accumulated reams of personal data
with little oversight, and our government has negotiated trade deals that fail to
represent the best interests of workers. Too many have made their wealth through
exploitation of others rather than through wealth creation. If something isn’t done, new
technologies may make matters worse, increasing inequality and unemployment.
Stiglitz identifies the true sources of wealth and increases in standards of living, based
on learning, advances in science and technology, and the rule of law. He shows that the
assault on the judiciary, universities, and the media undermines the very institutions that
have long been the foundation of America’s economic might and its democracy.
We are far from powerless. In fact, the economic solutions are often quite clear. We
need to exploit the benefits of markets while taming their excesses, making sure that
markets work for us—the U.S. citizens—and not the other way around. If enough
citizens rally behind the agenda for change outlined in this book, it may not be too late
to create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows
how a middle-class life can once again be attainable by all.
Authored by
Joseph E. Stiglitz
Publication Date
2019
Availability
#164
Princes of the Yen

Japan's Central Bankers
and the Transformation of the Economy
This eye-opening book offers a disturbing new look at Japan's post-war economy and
the key factors that shaped it. It gives special emphasis to the 1980s and 1990s when
Japan's economy experienced vast swings in activity. According to the author, the most
recent upheaval in the Japanese economy is the result of the policies of a central bank
less concerned with stimulating the economy that with its own turf battles and its
ideological agenda to change Japan's economic structure. The book combines new
historical research with an in-depth behind-the-scenes account of the bureaucratic
competition between Japan's most important institutions: the Ministry of Finance and
the Bank of Japan. Drawing on new economic data and first-hand eyewitness accounts,
it reveals little known monetary policy tools at the core of Japan's business cycle,
identifies the key figures behind Japan's economy, and discusses their agenda. The
book also highlights the implications for the rest of the world, and raises important
questions about the concentration of power within central banks.
Authored by
Richard Werner
Publication Date
2003
Availability
#165
The Buy Side

A Wall Street Trader's Tale of
Spectacular Excess
The Buy Side portrays an after-hours Wall Street culture where drugs and sex are
rampant and billions in trading commissions flow to those who dangle the most
enticements. A remarkable writing debut, The Buy Side shows as no book ever has the
rewards—and dizzying temptations—of making a living on the Street.
In the 1990s, after failing to land a job as a journalist, he secured a trainee position at
Morgan Stanley and got his first feel for the pecking order that exists in the trading pits.
Those on the “buy side,” the traders who make big bets on whether a stock will rise or
fall, are the “alphas” and those on the “sell side,” the brokers who handle their
business, are eager to please.
At his next positions at Galleon Group, Argus Partners and J.L. Berkowitz, Turney
climbed to greater heights—and plummeted to even lower depths. By day, he solidified
his reputation one of the Street’s most powerful healthcare traders, and by night, he
blazed a path through the city’s nightclubs, showing off his social genius and voraciously
inhaling any drug that would fill the void he felt inside.
A mesmerizingly immersive journey through Wall Street’s first millennial decade, and a
poignant self portrait by a young man who surely would have destroyed himself were it
not for his decision to walk away from a seven-figure annual income, The Buy Side is
one of the best coming-of-age-on-the-Street books ever written.
Authored by
Turney Duff
Publication Date
2013
Availability
#166
The Changing
World Order
Why Nations Succeed and Fail
A few years ago, renowned investor Ray Dalio began noticing a confluence of political
and economic conditions he hadn’t encountered before in his fifty-year career. They
included large debts and zero or near-zero interest rates in the world’s three major
reserve currencies; significant wealth, political, and values divisions within countries; and
emerging conflict between a rising world power (China) and the existing one (US).
Seeking to explain the cause-effect relationships behind these conditions, he began a
study of analogous historical times and discovered that such combinations of conditions
were characteristic of periods of transition, such as the years between 1930 and 1945, in
which wealth and power shifted in ways that reshaped the world order. Looking back
across five hundred years of history and nine major empires—including the Dutch, the
British, and the American—The Changing World Order puts into perspective the cycles
and forces that have driven the successes and failures of all the world’s major countries
throughout history. Dalio reveals the timeless and universal dynamics that were behind
these shifts, while also offering practical principles for policymakers, business leaders,
investors, and others operating in this environment.
Authored by
Ray Dalio
Publication Date
2021
Availability
#167
The Dao of Capital

Austrian Investing in a
Distorted World
In The Dao of Capital, hedge fund manager and tail-hedging pioneer Mark Spitznagel,
takes us on a gripping, circuitous journey from the Chicago trading pits, over the
coniferous boreal forests and canonical strategists from Warring States China to
Napoleonic Europe to burgeoning industrial America, to the great economic thinkers of
late 19th century Austria. We arrive at his central investment methodology of Austrian
Investing, where victory comes not from waging the immediate decisive battle, but
rather from the roundabout approach of seeking the intermediate positional advantage
(what he calls shi), of aiming at the indirect means rather than directly at the ends. The
monumental challenge is in seeing time differently, in a whole new intertemporal
dimension, one that is so contrary to our wiring.
Spitznagel is the first to condense the theories of Ludwig von Mises and his Austrian
School of economics into a cohesive and—as Spitznagel has shown—highly effective
investment methodology. From identifying the monetary distortions and non-
randomness of stock market routs (Spitznagel's bread and butter) to scorned highly-
productive assets, in Ron Paul's words from the foreword, Spitznagel “brings Austrian
economics from the ivory tower to the investment portfolio.”
The Dao of Capital provides a rare and accessible look through the lens of one of
today's great investors to discover a profound harmony with the market process--a
harmony that is so essential today.
Authored by
Mark Spitznagel, Ron Paul
Publication Date
2013
Availability
#168
The Devil's Derivatives

The Untold Story of the Slick Traders and Hapless Regulators
Who Almost Blew Up Wall Street… and Are Ready to Do It Again
From an award-winning journalist who has been covering the industry for more than a
decade, The Devil’s Derivatives charts the untold story of modern financial innovation—
how investment banks invented new financial products, how investors across the world
were wooed into buying them, how regulators were seduced by the political rewards of
easy credit, and how speculators made a killing from the near-meltdown of the financial
system.
Author Nicholas Dunbar demystifies the revolution that briefly gave finance the same
intellectual respectability as theoretical physics. He explains how bankers worldwide
created a secret trillion-dollar machine that delivered cheap mortgages to the masses
and riches beyond dreams to the financial innovators.
Fundamental to this saga is how “the people who hated to lose” were persuaded to
accept risk by “the people who loved to win.” Why did people come to trust and
respect arcane financial tools? Who were the bankers competing to assemble the basic
components into increasingly intricate machines? How did this process achieve its own
unstoppable momentum—ending in collapse, bailouts, and a public outcry against the
giants of finance?
Provocative and intriguing, The Devil’s Derivatives sheds much-needed light on the
forces that fueled the most brutal economic downturn since the Great Depression.
Authored by
Nicholas Dunbar
Publication Date
2011
Availability
Hardcover, eBook
#169
The Economists' Hour

How the False Prophets of Free Markets
Fractured Our Society
The Economists' Hour is the biography of a revolution: The story of how economists
who believed in the power and the glory of free markets transformed the business of
government, the conduct of business and, as a result, the patterns of everyday life. In
the four decades between 1969 and 2008, these economists played a leading role in
reshaping taxation and public spending and clearing the way for globalization. They
reshaped the government's approach to regulation, assigning a value to human life to
determine which rules are worthwhile. Economists even convinced President Nixon to
end military conscription.
The United States was the epicenter of the intellectual ferment, but the embrace of
markets was a global phenomenon, seizing the imagination of politicians in countries
including the United Kingdom, Chile and New Zealand.
This book is also a reckoning. The revolution failed to deliver on its central promise of
increased prosperity. In the United States, growth has slowed in every successive
decade since the 1960s. And the cost of the failure was steep. Policymakers traded
well-paid jobs for low-cost electronics; the loss of work weakened the fabric of society
and of democracy. Soaring inequality extends far beyond incomes: Life expectancy for
less affluent Americans has declined in recent years. And the focus on efficiency has
come at the expense of the future: Lower taxes instead of education and infrastructure;
limited environmental regulation as oceans rise and California burns.
Authored by
Binyamin Appelbaum
Publication Date
2019
Availability
#170
The End of
Wall Street
The End of Wall Street is a full account of America's biggest financial collapse since the
Great Depression. Drawing on 180 interviews, including sit-downs with top government
officials and Wall Street CEOs, Lowenstein tells the full story of the end of Wall Street as
we knew it. Roger Lowenstein weaves a financial, economic, and sociological thriller
that indicts America for succumbing to the siren song of easy debt and speculative
mortgages.
The book is rife with historical lessons and bursting with fast-paced action. Lowenstein
introduces his story with precisely etched profiles of Angelo Mozilo, the Johnny
Appleseed of subprime mortgages who spreads toxic loans across the landscape like
wild crabapples, and moves to a damning explication of how rating agencies helped
gift wrap faulty loans in the guise of AAA paper and a takedown of the academic
formulas that-once again- proved the ruin of investors and banks. Lowenstein excels
with a series of searing profiles of some of the most well know and high profile banking
CEOs and government officials.
We come to understand the majesty of Lowenstein's theme of liquidity and capital,

which explains the origins of the crisis and that positions the collapse of 2008 as the
greatest ever of Wall Street's unlearned lessons. The End of Wall Street will be essential
reading as we work to identify the lessons of the market failure and start to rebuild.
Authored by
Roger Lowenstein
Publication Date
2010
Availability
#171
The Fountainhead
The revolutionary literary vision that sowed the seeds of Objectivism, Ayn Rand's
groundbreaking philosophy, and brought her immediate worldwide acclaim.
This modern classic is the story of intransigent young architect Howard Roark, whose
integrity was as unyielding as granite...of Dominique Francon, the exquisitely beautiful
woman who loved Roark passionately, but married his worst enemy...and of the fanatic
denunciation unleashed by an enraged society against a great creator. As fresh today as
it was then, Rand’s provocative novel presents one of the most challenging ideas in all
of fiction—that man’s ego is the fountainhead of human progress...
“A writer of great power. She has a subtle and ingenious mind and the capacity of
writing brilliantly, beautifully, bitterly...This is the only novel of ideas written by an
American woman that I can recall.”—The New York Times
Authored by
Ayn Rand
Publication Date
1943
Availability
#172
The Fourth Turning

What the Cycles of History Tell Us About
America's Next Rendezvous with Destiny
William Strauss and Neil Howe will change the way you see the world--and your place in
it. With blazing originality, The Fourth Turning illuminates the past, explains the present,
and reimagines the future. Most remarkably, it offers an utterly persuasive prophecy
about how America's past will predict its future.
The authors look back five hundred years and uncover a distinct pattern: Modern
history moves in cycles, each one lasting about the length of a long human life, each
composed of four eras--or turnings--that last about twenty years and that always arrive
in the same order. In The Fourth Turning, the authors illustrate these cycles using a
brilliant analysis of the post-World War II period.
First comes a High, a period of confident expansion as a new order takes root after the
old has been swept away. Next comes an Awakening, a time of spiritual exploration and
rebellion against the now-established order. Then comes an Unraveling, an increasingly
troubled era in which individualism triumphs over crumbling institutions. Last comes a
Crisis--the Fourth Turning--when society passes through a great and perilous gate in
history. Together, the four turnings comprise history's seasonal rhythm of growth,
maturation, entropy, and rebirth.
The Fourth Turning offers bold predictions about how all of us can prepare, individually
and collectively, for America's next rendezvous with destiny.
Authored by
William Strauss, Neil Howe
Publication Date
1996
Availability
#173
The Go-Go Years

The Drama and Crashing Finale of
Wall Street's Bullish 60s
The Go-Go Years is the harrowing and humorous story of the growth stocks of the
1960s and how their meteoric rise caused amultitude of small investors to thrive until
the devastating market crashes in the 1970s. It was a time when greed drove the market
and fast money was being made and lost as the "go-go" stocks surged and plunged.
Included are the stories of such high-profile personalities as H. Ross Perot who lost $450
million in one day, Saul Steinberg's attempt to take over Chemical Bank, and the fall of
America's "Last Gatsby," Eddie Gilbert.
Authored by
John Brooks
Publication Date
1973
Availability
#174
The Great Hangover

21 Tales of the New Recession
A collection of stories from Vanity Fair magazine about the current financial crisis by
some of the country’s best business journalists, including Michael Lewis (Moneyball,
Liar’s Poker), Bryan Burrough (Barbarians at the Gate), and Mark Bowden (Black Hawk
Down), edited by Vanity Fair editor Graydon Carter, and with an introduction by Cullen
Murphy (Are We Rome?).
Authored by
Vanity Fair, Graydon Carter
Publication Date
2010
Availability
Paperback, eBook
#175
The Master Algorithm

How the Quest for the Ultimate Learning Machine
Will Remake Our World
A thought-provoking and wide-ranging exploration of machine learning and the race to
build computer intelligences as flexible as our own.
In the world's top research labs and universities, the race is on to invent the ultimate
learning algorithm: one capable of discovering any knowledge from data, and doing
anything we want, before we even ask. In The Master Algorithm, Pedro Domingos lifts
the veil to give us a peek inside the learning machines that power Google, Amazon,
and your smartphone. He assembles a blueprint for the future universal learner--the
Master Algorithm--and discusses what it will mean for business, science, and society. If
data-ism is today's philosophy, this book is its bible.
Authored by
Pedro Domingos
Publication Date
2015
Availability
#176
The Match King

Ivar Kreuger, The Financial Genius Behind a Century of
Wall Street Scandals
At the height of the roaring ’20s, Swedish émigré Ivar Kreuger made a fortune raising
money in America and loaning it to Europe in exchange for matchstick monopolies. His
enterprise was a rare success story throughout the Great Depression.Yet after Kreuger’s
suicide in 1932, the true nature of his empire emerged. Driven by success to adopt
ever-more perilous practices, Kreuger had turned to shell companies in tax havens,
fudged accounting figures, off-balance-sheet accounting, even forgery. He created a
raft of innovative financial products— many of them precursors to instruments wreaking
havoc in today’s markets. When his Wall Street empire collapsed, millions went
bankrupt.
Frank Partnoy, a frequent commentator on financial disaster for the Financial Times,
New York Times, NPR, and CBS’s “60 Minutes,” recasts the life story of a remarkable yet
forgotten genius in ways that force us to re-think our ideas about the wisdom of crowds,
the invisible hand, and the free and unfettered market.
Authored by
Frank Partnoy
Publication Date
2009
Availability
#177
The New Map

Energy, Climate, and the Clash of Nations
The world is being shaken by the collision of energy, climate change, and the clashing
power of nations in a time of global crisis. The shale revolution in oil and gas has
transformed the American economy, ending the era of shortage, but introducing a
turbulent new era. Almost overnight, the United States has become the world's number
one energy powerhouse. Yet concern about energy's role in climate change is
challenging our economy and way of life, accelerating a second energy revolution in the
search for a low carbon future. All of this has been made starker and more urgent by the
coronavirus pandemic and the economic dark age that it has wrought.
Vladimir Putin and China's Xi Jinping are converging both on energy and on
challenging American leadership, as China projects its power and influence in all
directions. The South China Sea, claimed by China and the world's most critical trade
route, could become the arena where the United States and China directly collide. The
map of the Middle East, which was laid down after World War I, is being challenged by
revolutionaries and extremists. But the region has also been shocked by the two recent
oil price collapses--one from the rise of shale, the other the coronavirus--and by the
very question of oil's future in the rest of this century.
Daniel Yergin takes the reader on an utterly riveting and timely journey across the
world's new map. He illuminates the great energy and geopolitical questions in an era
of rising political turbulence and points to the profound challenges that lie ahead.
Authored by
Daniel Yergin
Publication Date
2020
Availability
#178
The physics of Wall Street

a brief history of
predicting the unpredictable
After the economic meltdown of 2008, Warren Buffett famously warned, “beware of
geeks bearing formulas.” But as James Weatherall demonstrates, not all geeks are
created equal. While many of the mathematicians and software engineers on Wall Street
failed when their abstractions turned ugly in practice, a special breed of physicists has a
much deeper history of revolutionizing finance. Taking us from fin-de-siècle Paris to Rat
Pack-era Las Vegas, from wartime government labs to Yippie communes on the Pacific
coast, Weatherall shows how physicists successfully brought their science to bear on
some of the thorniest problems in economics, from options pricing to bubbles.
The crisis was partly a failure of mathematical modeling. But even more, it was a failure
of some very sophisticated financial institutions to think like physicists. Models—
whether in science or finance—have limitations; they break down under certain
conditions. And in 2008, sophisticated models fell into the hands of people who didn’t
understand their purpose, and didn’t care. It was a catastrophic misuse of science.
The solution is to make our models better. Weatherall reveals the people on the cusp of
a new era in finance. We see a geophysicist use a model designed for earthquakes to
predict a massive stock market crash. We discover a physicist-run hedge fund that
earned 2,478.6% over the course of the 1990s. And we see how quantum theory might
soon be used to create a far more accurate Consumer Price Index. The Physics of Wall
Street is riveting history that will change how we think about our economic future.
Authored by
James Owen Weatherall
Publication Date
2013
Availability
#179
The Predator's Ball

The Inside Story of Drexel Burnham
and the Rise of the Junk Bond Raiders
During the 1980s, Michael Milken at Drexel Burnham Lambert was the Billionaire Junk
Bond King. He invented such things as “the highly confident letter” (I'm highly
confident that I can raise the money you need to buy company X) and “the blind
pool” (Here's a billion dollars: let us help you buy a company), and he financed the
biggest corporate raiders--men like Carl Icahn and Ronald Perelman.
And then, on September 7, 1988, things changed. The Securities and Exchange
Commission charged Milken and Drexel Burnham Lambert with insider trading and
stock fraud. Waiting in the wings was the US District Attorney, who wanted to file
criminal and racketeering charges. What motivated Milken in his drive for power and
money? Did Drexel Burnham Lambert condone the breaking of laws? The Predators'
Ball dramatically captures American business history in the making, uncovering the
philosophy of greed that has dominated Wall Street in the 1980s.
Authored by
Connie Bruck
Publication Date
1988
Availability
#180
The Prize
The Epic Quest for
Oil, Money & Power
The Prize recounts the panoramic history of oil — and the struggle for wealth and
power that has always surrounded oil. This struggle has shaken the world economy,
dictated the outcome of wars, and transformed the destiny of men and nations.
The Prize is as much a history of the twentieth century as of the oil industry itself. The
canvas of history is enormous -- from the drilling of the first well in Pennsylvania through
two great world wars to the Iraqi invasion of Kuwait and Operation Desert Storm.
Authored by
Daniel Yergin
Publication Date
1990
Availability
#181
The Quest
Energy, Security, and the
Remaking of the Modern World
Yergin shows us how energy is an engine of global political and economic change. It is a
story that spans the energies on which our civilization has been built and the new
energies that are competing to replace them. From the jammed streets of Beijing to the
shores of the Caspian Sea, from the conflicts in the Mideast to Capitol Hill and Silicon
Valley, Yergin takes us into the decisions that are shaping our future.
Yergin tells the inside stories of the oil market, the race to control the resources of the
former Soviet empire, and the massive mergers that transformed the landscape of
world oil. Will we run out of oil? Are China and the United States destined to come into
conflict over oil? How will a turbulent Middle East affect the future of oil supply?
Yergin also reveals the tumultuous history of nuclear and coal, electricity, and the “shale
gale” of natural gas, and how each fits into the larger marketplace. He brings climate
change into unique perspective by offering an unprecedented history of how the field
of climate study went from the concern of a handful of nineteenth-century scientists
preoccupied with a new Ice Age into one of the most significant issues of our times.
The Quest presents an extraordinary range of characters and dramatic stories that
illustrate the principles that will shape a robust and flexible energy security system for
the decades to come. Energy is humbling in its scope, but our future requires that we
deeply understand this global quest that is truly reshaping our world.
Authored by
Daniel Yergin
Publication Date
2011
Availability
#182
Triumph of the Optimists

101 Years of
Global Investment Returns
Investors have too often extrapolated from recent experience. In the 1950s, who but
the most rampant optimist would have dreamt that over the next fifty years the real
return on equities would be 9% per year? Yet this is what happened in the U.S. stock
market. The optimists triumphed. The authors present a comprehensive and consistent
analysis of investment returns for equities, bonds, bills, currencies and inflation,
spanning sixteen countries, from the end of the nineteenth century to the beginning of
the twenty-first. This is achieved in a clear and simple way, with over 130 color diagrams
that make comparison easy.
Crucially, the authors analyze total returns, including reinvested income. They show that
some historical indexes overstate long-term performance because they are
contaminated by survivorship bias and that long-term stock returns are in most
countries seriously overestimated, due to a focus on periods that with hindsight are
known to have been successful.
The book provides the first comprehensive evidence on the long-term equity risk
premium. The authors reveal whether the United States and United Kingdom have had
unusually high stock market returns compared to other countries.
Triumph of the Optimists is required for investment professionals, financial economists,

and investors. It will be the definitive reference in the field for years to come.
Authored by
Elroy Dimson, Paul Marsh, Mike Staunton
Publication Date
2002
Availability
Hardcover, eBook
#183
When Money Dies

The Nightmare of Deficit Spending, Devaluation,
and Hyperinflation in Weimar Germany
When Money Dies is the classic history of what happens when a nation’s currency
depreciates beyond recovery. In 1923, with its currency effectively worthless (the
exchange rate in December of that year was one dollar to 4,200,000,000,000 marks),
the German republic was all but reduced to a barter economy. Expensive cigars,
artworks, and jewels were routinely exchanged for staples such as bread; a cinema
ticket could be bought for a lump of coal; and a bottle of paraffin for a silk shirt. People
watched helplessly as their life savings disappeared and their loved ones starved.
Germany’s finances descended into chaos, with severe social unrest in its wake.
Money may no longer be physically printed and distributed in the voluminous quantities
of 1923. However, “quantitative easing,” that modern euphemism for surreptitious
deficit financing in an electronic era, can no less become an assault on monetary
discipline. Whatever the reason for a country’s deficit necessity or profligacy,
unwillingness to tax or blindness to expenditure it is beguiling to suppose that if the
day of reckoning is postponed economic recovery will come in time to prevent higher
unemployment or deeper recession. What if it does not? Germany in 1923 provides a
vivid, compelling, sobering moral tale.
Authored by
Adam Fergusson
Publication Date
1975
Availability
#184
When Washington Shut Down Wall Street

The Great Financial Crisis of 1914 and the
Origins of America's Monetary Supremacy
When Washington Shut Down Wall Street unfolds like a mystery story. It traces Treasury
Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of
World War I that threatened the United States with financial disaster. The biggest gold
outflow in a generation imperiled America's ability to repay its debts abroad. Fear that
the United States would abandon the gold standard sent the dollar plummeting on
world markets. Without a central bank in the summer of 1914, the United States
resembled a headless financial giant.
William McAdoo stepped in and shut the New York Stock Exchange for more than four
months to prevent Europeans from selling their American securities and demanding
gold in return. He smothered the country with emergency currency to prevent a replay
of the bank runs that swept America in 1907. And he launched the United States as a
world monetary power by honoring America's commitment to the gold standard. His
actions provide a blueprint for crisis control that merits attention today. McAdoo's
recipe emphasizes an exit strategy that allows policymakers to throttle a crisis while
minimizing collateral damage.
When Washington Shut Down Wall Street recreates the drama of America's battle for
financial credibility. McAdoo's accomplishments place him alongside Paul Volcker and
Alan Greenspan as great American financial leaders. McAdoo, nursed the FED into
existence as the 1914 crisis waned and served as the first chairman of the board.
Authored by
William L. Silber
Publication Date
2007
Availability
#185
Where Are the

Customers Yachts?
or A Good Hard Look at Wall Street
Humorous and entertaining, this book exposes the folly and hypocrisy of Wall Street.
The title refers to a story about a visitor to New York who admired the yachts of the
bankers and brokers. Naively, he asked where all the customers' yachts were? Of
course, none of the customers could afford yachts, even though they dutifully followed
the advice of their bankers and brokers. Full of wise contrarian advice and offering a
true look at the world of investing, in which brokers get rich while their customers go
broke, this book continues to open the eyes of investors to the reality of Wall Street.
Authored by
Fred Schwed Jr.
Publication Date
1940
Availability
Paperback, eBook
Trend
Following
#186
#187
#188
Following the Trend
How I Made $2,000,000 in the Stock Market
How To Master Managed Futures
6
#189 Stocks on the Move
#190 The Complete Turtle Trader
#191 The Little Book of Trading
#192 The Many Flavors of Trend Following
#193 The Universal Principles of Successful Trading
#194 The Universal Tactics of Successful Trend Trading
#195 Trading Evolved
#196 Trend Commandments
#197 Trend Following
#198 Trend Following
#199 Trend Following Analytics
#200 Trend Following with Managed Futures
#186
Following the Trend

Diversified Managed Futures Trading
There is a group of hedge funds and professional traders which have been consistently
outperforming traditional investment strategies for the past 30 odd years. They have
shown remarkable performance and in the great bear market of 2008 they had record
gains. These traders are highly secretive about their proprietary trading algorithms and
often employ top PhDs in their research teams. Yet, it is possible to replicate their
trading performance with relatively simplistic models. These traders are trend following
cross asset futures managers, also known as CTAs.
Following the Trend explains why most hopefuls fail by focusing on the wrong things,
such as buy and sell rules, and teaches the truly important parts of trend following.
Trading everything from the Nasdaq index and T-bills to currency crosses, platinum and
live hogs, there are large gains to be made regardless of the state of the economy or
stock markets. By analysing year by year trend following performance and attribution
the reader will be able to build a deep understanding of what it is like to trade futures
in large scale and where the real problems and opportunities lay.
This book provides insights into the strategies behind the booming trend following
futures industry from the perspective of a market participant, and complete trading
rules and instructions for how to replicate the performance of successful hedge funds.
You are in for a potentially highly profitable roller coaster ride with this hard and honest
look at the positive as well as the negative sides of trend following.
Authored by
Andreas Clenow
Publication Date
2012
Availability
Hardcover, eBook
#187
How I Made $2,000,000

in the Stock Market
Hungarian by birth, Nicolas Darvas trained as an economist at the University of
Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over,
he fled at the age of 23 with a forged exit visa and fifty pounds sterling to stave off
hunger in Istanbul, Turkey. During his off hours as a dancer, he read some 200 books on
the market and the great speculators, spending as much as eight hours a day studying.
Darvas ploughed his money into a couple of stocks that had been hitting their 52-week
high. He was utterly surprised that the stocks continued to rise and subsequently sold
them to make a large profit. His main source of stock selection was Barron's Magazine.
At the age of 39, after accumulating his fortune, Darvas documented his techniques in
the book, How I Made $2,000,000 in the Stock Market. The book describes his unique
"Box System", which he used to buy and sell stocks. Darvas' book remains a classic
stock market text to this day.
Authored by
Nicolas Darvas
Publication Date
1960
Availability
#188
How To Master
Managed Futures
Even if You Have Never Traded Before!
Katy Kaminsky is the co-author of what is considered the “Bible” of Managed Futures:
Trend Following with Managed Futures. Niels Kaastrup-Larsen teams up with Katy
Kaminsky to combine their 50+ years of combined experience into creating this short
but very comprehensive guide on Managed Futures that an investor of any level can
pick up and read. There's no fluff or filler—just battle-tested lessons that are priceless
and timeless.
The book also includes what we have learnt from Katy’s experience of writing the
“bible” when it comes to trend following books, and Niels’s unique insights from having
interviewed dozens of the world’s greatest investors on the Top Traders Unplugged
podcast.
You can use many of the same principles in this book to invest in bonds, stocks, ETFs
and other liquid investments. Both authors use these principles to build safer and better
performing portfolios for investors who never want to experience the losses they
suffered during the Tech Bubble and Housing Bubble crisis again, and increase the
overall returns of investor portfolios, whilst lowering their risk. Check it out, I think you
will enjoy reading it.
Authored by
Niels Kaastrup-Larsen & Katy Kaminski
Publication Date
2018
Availability
eBook
#189
Stocks on the Move

Beating the Market with Hedge Fund
Momentum Strategies
Hedge fund manager Andreas F. Clenow takes you behind the scenes to show you why
mutual funds consistently fail and how anyone can beat the mutual funds. Momentum
investing has been one of very few ways of consistently beating the markets. This book
guides you through how established hedge funds achieve their results.
The stock markets are widely misunderstood. Buying and selling stocks seems so
simple. We all know what stocks are and what the companies produce. We’re told that
stocks always go up in the long run and that everyone should be in the stock markets.
Oversimplifications like that can end up costing you.
In the long run, the major stock indexes show a performance of five to six percent per
year. For that return, you will have to bear occasional losses of over half your capital and
be forced to wait many years to recover your money. Yes, in the long run stocks do go
up. But the story isn’t that simple.
Stocks on the Move outlines a rational way to invest in the markets for the long term. It
will walk you through the problems of the stock markets and how to address them. It
will explain how to achieve twice the return of the stock markets at considerably lower
risk. All rules and all details will be explained in this book, allowing anyone to replicate
the strategies and research.
Authored by
Andreas Clenow
Publication Date
2015
Availability
Paperback, eBook
#190
The Complete Turtle Trader

How 23 Novice Investors Became
Overnight Millionaires
Michael W. Covel, author of "Trend Following" and managing editor of
TurtleTrader.com, tells the riveting story of the Turtles, their selection, their training, how
they made (and lost) astounding fortunes, and certainly not least, the tools readers will
need to start trading like Turtles themselves.
Richard Dennis, 'the Prince of the Pits', a man who'd already made a fortune on the
Street, was convinced that great trading wasn't a gift from God, but something that
could be taught to anyone. So one day he made a bet with his partner, and ran a
classified ad in the ""Wall Street Journal"" looking for trainees. His trainees - who
became known as the 'Turtles' - included an actor, a security guard, two professional
blackjack players, a pianist, a fantasy game designer, and others. After two weeks of
training, he set them loose, with a $1 million bankroll each to invest as they chose, and
the right to keep a share of their trading gains for themselves, as long they adhered to
the Turtle system. By the time the program ended, Dennis and his partner had made
over $120 million - from trades made by complete novices. Many of these Turtles then
went on to trade for themselves, and some are among the top investors operating
today.
Authored by
Michael W. Covel
Publication Date
2007
Availability
#191
The Little Book of Trading

Trend Following Strategy
for Big Winnings
How to get past the crisis and make the market work for you again The last decade has
left people terrified of even the safest investment opportunities. This fear is not helping
would-be investors who could be making money if they had a solid plan. The Little
Book of Trading teaches the average person rules and philosophies that winners use to
beat the market, regardless of the financial climate.
The market has always fluctuated, but savvy traders know how to make money in good
times and bad. Drawing on author Michael Covel's own trading experience, as well as
insights from legendary traders, the book offers sound, practical advice in an easy to
understand, readily digestible way. The Little Book of Trading:
Identifies tools, concepts, psychologies, and philosophies that keep people protected
and making money when the next market bubble or surprise crisis occurs Features top
traders in each chapter that have beaten the market for decades, providing readers with
their moneymaking knowledge Shows how traders who beat mutual fund performance
make money at different times, not just from stocks alone Most importantly, The Little
Book of Trading explains why mutual funds should not be the investment vehicle of
choice for people looking to secure retirement, a radical realization highlighting the
changed face of investing today.
Authored by
Michael W. Covel
Publication Date
2011
Availability
#192
The Many Flavors of Trend Following

How to Beat the Markets, Using the Most Dependable and
Consistent, yet Often Overlooked Investment Strategy
Both Niels and Hari felt that Trend Following as a concept or a strategy is often
confined to the Managed Futures industry and that a lot of investors are not familiar
with the many flavours that Trend Following has. The goal of this book is to describe
and explain, in hopefully a both interesting and entertaining way, how you can benefit
from using the techniques that trend following has proven to be both robust and highly
profitable, even if you would do this on your own portfolio of stocks.
So if you want to take your own learning to the next level as to how to apply this well
tested and proven trading method, then this is the book to read.
Authored by
Niels Kaastrup-Larsen & Hari Krishnan
Publication Date
2018
Availability
eBook
#193
The Universal Principles of

Successful Trading
Essential Knowledge for All Traders in All Markets
The Universal Principles of Successful Trading clearly and unambiguously articulates
trading principles that distinguish the winners from the losers. Though trading can be
performed in different markets, across different timeframes, and with different
instruments based upon different techniques, there is one common thread that ties all
winning traders together: the universal principles of successful trading. All consistently
profitable traders adhere to them regardless of the markets, timeframes, and
techniques. In this ground-breaking book from top trader, Brent Penfold, the reader will:
Learn how to develop a trading plan Learn how to identify and create an effective
methodology Discover successful money management strategies Understand trader
psychology And many more exciting trading and strategies secrets. Supporting the
universal principles are rare interviews from a diverse group of successful traders. Some
are the new young guns of trading and others are market legends who are trading just
as actively today as they were over 50 years ago. They represent a diverse group of
traders from the United Kingdom, America, Singapore, Hong Kong, Italy, and Australia.
All of them have generously agreed to offer the reader one singularly powerful piece of
advice to help them towards their trading goals. Each piece of advice emphasizes an
essential element of the universal principles.
This timely and exciting book from Brent Penfold has already garnered many accolades
and looks set to become a modern-day classic.
Authored by
Brent Penfold
Publication Date
2010
Availability
Hardcover, eBook
#194
The Universal Tactics of

Successful Trend Trading
Finding Opportunity in Uncertainty
The Universal Tactics of Successful Trend Trading: Finding Opportunity in Uncertainty
delivers powerful and practical advice for the serious trend trader. Using the principles
identified in The Universal Principles of Successful Trading, author Brent Penfold shows
curious investors how to become a long-term winner with tried-and-true trend trading
methodologies.
The book includes in-depth and comprehensive treatments of topics like:
• Why trend trading is so appealing

• Popular and effective trend trading strategies
• How to measure risk
• Common trend trading mistakes and how to avoid them
Investors and readers will also discover the importance of risk, and how to judge
outcomes and strategies on a risk-adjusted basis.
Perfect for anyone interested in trading successfully, The Universal Tactics of Successful
Trend Trading is a key strategy guide that belongs on the shelf of anyone involved in
the buying and selling of financial securities.
Authored by
Brent Penfold
Publication Date
2020
Availability
Hardcover, eBook
#195
Trading Evolved
Anyone Can Build Killer
Trading Strategies in Python
Systematic trading allows you to test and evaluate your trading ideas before risking
your money. By formulating trading ideas as concrete rules, you can evaluate past
performance and draw conclusions about the viability of your trading plan.
Following systematic rules provides a consistent approach where you will have some
degree of predictability of returns, and perhaps more importantly, it takes emotions and
second guessing out of the equation.
From the onset, getting started with professional grade development and backtesting
of systematic strategies can seem daunting. Many resort to simplified software which
will limit your potential.
Trading Evolved will guide you all the way, from getting started with the industry
standard Python language, to setting up a professional backtesting environment of your
own. The book will explain multiple trading strategies in detail, with full source code, to
get you well on the path to becoming a professional systematic trader.
This is a highly practical book, where every aspect is explained, all source code shown
and no holds barred. Written by Andreas F. Clenow, author of the international best
sellers Following the Trend and Stocks on the Move, Trading Evolved goes into greater
depth and covers strategies for trading both futures and equities.
Authored by
Andreas Clenow
Publication Date
2019
Availability
Paperback, eBook
#196
Trend Commandments
Trading for Exceptional Returns
Do you ever think the stories you hear about great trading, and the gains produced,
sound like luck? Do you ever wonder if there is a real method and philosophy behind
the success stories? The concepts condensed into Trend Commandments were gleaned
from Michael Covel's 15 years of pulling back the curtain on great trend following
traders. It is a one of a kind money making experience that forever lays to rest the
notion that successful trading is akin to winning the lottery. Winning has a formula, as
does losing. Michael Covel nails both head on. Getting rich is a fight; make no mistake
about it, but at least now with Trend Commandments you have a primer that allows you
to crack the code of the winners.
Authored by
Michael W. Covel
Publication Date
2011
Availability
Hardcover, Audiobook
#197
Trend Following
How to Make a Fortune in Bull, Bear,
and Black Swan Markets
today.
Authored by
Michael W. Covel
Publication Date
2017
Availability
#198
Trend Following
Learn to Make Millions in
Up or Down Markets
today.
Authored by
Michael W. Covel
Publication Date
2004
Availability
Paperback
#199
Trend Following Analytics

Performance Proof for the World's Most Controversial
& Successful Black Swan Trading Strategy
Michael W. Covel's comprehensive new reference delivers real numbers, charts, graphs,
and performance histories that demonstrate trend following's value and is designed as
a companion to Covel's other books on trend following. This one-stop data resource
brings together powerful new performance reports and data straight from top hedge
funds and investment firms that use trend following to earn consistently high long-term
profits through both up and down markets--including when black swan events occur
and markets crash. Trend Following Analytics provides statistical evidence of strong
returns over long periods of time, based on hundreds of separate reports. Designed as
a companion to Covel's international best sellers Trend Following and Trend
Commandments, this reference brings together resources you might compile on your
own--if you had the time to be a data researcher! Covel has done the onerous research
work for you and presents it in a form that's easy to understand, digest, and use. If you
are disillusioned by buy and hold, value investing, and index-based strategies, this
resource will help you draw conclusions about the benefits of trend following trading.
Authored by
Michael W. Covel
Publication Date
2012
Availability
Paperback
#200
Trend Following with

Managed Futures
The Search for Crisis Alpha
As more and more savvy investors move into the space, trend following has become
one of the most popular investment strategies. Written for investors and investment
managers, Trend Following with Managed Futures offers an insightful overview of both
the basics and theoretical foundations for trend following. The book also includes in-
depth coverage of more advanced technical aspects of systematic trend following. The
book examines relevant topics such as:
Trend following as an alternative asset class Benchmarking and factor decomposition

Applications for trend following in an investment portfolio And many more By focusing
on the investor perspective, Trend Following with Managed Futures is a groundbreaking
and invaluable resource for anyone interested in modern systematic trend following.
Authored by
Alex Greyserman & Kathryn Kaminski
Publication Date
2014
Availability
Paperback, eBook
I hope this collection of books will not only inform and
entertain you, but also help you grow as an investor and
enable you to make smarter investment decisions.
Continue your investment journey by subscribing to the

podcast and follow our conversations each week and take
advantage of the back catalogue of conversations with some of
the smartest investors and thought-leaders in the world.
Thank you for being part of the TopTradersUnplugged

community and I look forward to seeing you on the inside!

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Introduction

Many of us are, knowingly or unknowingly, betrayed by either short-term

The good news is…it doesn’t have to be this way.

What’s more…it should offer guidance on how to apply classic portfolio

And on top of this, it should identify tools, concepts, psychologies, and

It should be designed for individual investors, financial advisors, and any

If you are serious about building SAFER and BETTER PERFORMING

A Complete Guide to the Futures Market

• Details different trading and analytical approaches, including chart analysis,

A Demon of Our Own Design

A Guide to Creating A Successful

Algorithmic trading began as a "ridiculous" concept in the 1970s, then became an

A Man for All Markets

A child of the Great Depression, legendary mathematician Edward O. Thorp invented

A Random Walk Down Wall Street

In a dazzlingly interdisciplinary work, acclaimed author Brian Christian and cognitive

Beat the Dealer

• An overview of the basic rules of the game.

Beat the Market

Building Reliable Trading Systems

Efficiently Inefficient effectively demonstrates how financial markets really work.

Other misperceptions of randomness that are discussed include:

Global Asset Allocation

But we go beyond a limited stock/bond portfolio to consider a more global allocation

How I Trade and Invest in Stocks and Bonds

How to Make Money in Stocks

Lecturing Birds on Flying

Market Sense and Nonsense

Mastering the Market Cycle

Nerds on Wall Street

One Up On Wall Street

Optimal Trading Strategies

• How do I compare strategies?

By utilizing a combination of systematic processing of Big Data and pattern recognition,

Skin in the Game

• For social justice, focus on symmetry and risk sharing.

• What to invest in.

Smart Portfolios is detailed, comprehensive, and full of practical methods, rules of

The (mis)Behavior of Markets

The Alpha Formula

The Black Swan

"A compelling and an entertaining read." — The Wall Street Journal

"The Education of a Speculator is the first meaningful book on speculating. Successful

The Encyclopedia of Technical

The Evaluation and Optimization

The Flaw of Averages

Instead of statistical jargon, Savage presents complex concepts in plain English. In

The Fractal Geometry

Offers a comprehensive examination of the four major classes as presented in the

The Hour Between Dog and Wolf

The Business One Irwin Guide

The Most Important Thing

Marks expounds on such concepts as "second-level thinking," the price/value

The New Rules for Investing Now

The Next Perfect Trade

The Price of Tomorrow

The Second Leg Down

The Systems Bible

The VIX Trader's Handbook