The market is flooded with books about Warren Buffett. This is the 5th one that I have read. Some books assemble or quote Buffett’s writings; others reverse engineer Buffett’s investment strategy. Often these authors seem to be trying to convince you they have inside information or trying to indoctrinate you into the Buffett cult. University of Berkshire Hathaway is not one of those books. It has details you won’t find anywhere else, which makes it a relevant addition to the prolific repertoire of books about Buffett and Berkshire. Continue reading “Book Review: University of Berkshire Hathaway”
Tag: books
My Favorite Books of 2017
I read 53 books in 2017. If you are on the lookout for a 2018 resolution, consider reading more books, and start with the titles in bold below. Continue reading “My Favorite Books of 2017”
Book Review: Flash Boys
Michael Lewis is one of the great non-fiction authors of our time. He brilliantly tells tales involving highly technical details in ways that are entertaining and engaging, and–like any great artist–he makes the feat look easy. Lewis uses the colorful character and language of his subjects and weaves their personal stories into the greater picture.
The topic of Flash Boys is high-frequency trading (HFT). High-frequency traders utilize the fastest hardware, software, and internet connections–all carefully located–to engage in arbitrage schemes that suck billions of dollars from investors by beating their trades to the exchanges and raising the prices. What is most disturbing is how so many of the exchanges, banks, and brokers enable it, profit from it, or are complicit in it.
Flash Boys follows the men who exposed this dark underworld of Wall Street and set out to create their own alternative stock exchange that would play by its own rules, rules that are fair to investors. It also follows two other stories connected the HFT movement. This is a great story told by a great storyteller, and it is essential reading for anyone who desires a better understanding of how the world works.
Book Review: Business Adventures
This is a neat book of magazine-style business stories. There are 12 stories about 25-100 pages each. They don’t relate to each other at all, other than all being related to business, finance, and economics.
The stories are all interesting and well-written, so it is both entertaining and informative. This gave me some lesson ideas for my entrepreneurship class.
This is a great way to learn some new business content in a fun and engaging way.