My Year 2007 Books ...
Discover the best books of 2007, from Nassim Taleb’s *The Black Swan* to Walter Isaacson’s *Einstein*. Explore curated reads on business, biography & economics.
Book
Reminiscences of a Stock Operator
by Edwin Lefèvre
Based on interviews with trader Jesse Livermore, called Larry Livingston in the book.
Book
Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger
No summary available.
Book
Fundamental Analysis, Value Investing and Growth Investing (Secrets of the Great Investors)
No summary available.
Book
The Black Swan
by Nassim Nicholas Taleb
A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it 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. Why do we not acknowledge the phenomenon of black swans until after they occur? Part of the answer, according to Taleb, is that humans are hardwired to learn specifics when they should be focused on generalities. 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. Now, in this revelatory book, Taleb explains everything we know about what we don't know. He offers surprisingly simple tricks for dealing with black swans and benefiting from them. Elegant, startling, and universal in its applications. 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.The Black Swan is a landmark book, itself a black swan.
Book
Einstein
by Walter Isaacson
The first full biography of Albert Einstein since all of his papers have become available shows how his scientific imagination sprang from the rebellious nature of his personality. Biographer Isaacson explores how an imaginative, impertinent patent clerk-
