This is part 3 of Story told by an entrepreneur of becoming %1 (Part 1 Story) which is originally posted at How can one become part of the 1%?. The author offers a list of books he recommends.
PPS, since many of you have asked what books to read, or books that I found useful or influenced my thinking, I have decided to compile a short list here. This list will probably get updated from time to time since I am constantly reading new books.
This is actually the very first book I have ever read in my life, I read it in Chinese when I was seven. It left an everlasting impression on me to be strong, independent and having the courage to seek out adventures. Come to think of it, I will have to go visit Christmas Island one of these days.
This is bordering on the cliche now, I read this book on my second year in college and I knew right away my goal of being an engineer was over. I wanted to go to Wall Street. This all time classic made me a big fan of Michael Lewis and it changed my life.
I read this book when I was twenty, it was still in its first print at the time. I had very foggy concepts about finance, markets and money at the time but it got me very very fascinated about what traders do. There are several follow-ups books, all very worthwhile to read. The stories of some of the traders foreshadowed the ups and downs I was going to have in my life as a trader as well. Spooky!
I read this book when I got serious about trading, it inspired me to be an independent thinker and ignore all the noise that is Wall Street. All the lessons taught in this book is just as relevant today.
Jesse Livermore is perhaps the greatest trader ever, but a tragic life nonetheless. This book inspired me to get into the trading business, but the tragedy that is Jesse Livermore also made me quit and pursue my current business.
This biography of Warren Buffett is a must read for just any aspiring person who wants to get into business or investments. This book deeply influenced my current approach to business as well as investments. I am not sure I would have appreciated the lessons in this book when I was younger though.
Not the most entertaining read but the concept of margin of safety is hugely important.
Consider me a fan of Nassim Taleb, the man is prescient. This book actually saved my current business as it served as a massive warning right ahead of the collapse of 2008-2009, I hunkered down and did everything I could to stay in the game.
A very sobering book that uses a great deal of statistical concepts to teach us about the probabilities in life and business. It drastically changed my view of success and failures. I only wished this book was around I was much younger.
I consider this book the bible for all startup guys out there. The concepts laid out in this book taught me to look beyond the obvious and look for ways to compete more effectively.
Don’t be a victim, learn from past masters on how to play the game in business and life.
You will learn that good ideas are products of accidents, errors and slow hunches. The key is to open-minded.
An absolutely fascinating read about one the greatest conquerors in history, it is full of lessons how to to be an upstart that can go big.
This biography of Putin is full of lessons on survival and the rise of an unlikely startup.
Mr. Munger is Warren Buffett’s sidekick, and probably the more intellectual of the two. This book is full of lessons on business and investments.
Another story of an unlikely upstart guy who ended up as a giant in history. Full of tales of survival, redemption, and human tragedy. I learned a great deal of modern Chinese history from this book.
The story of Blackberry is still ongoing, and it is full of what not to do in business.
I had very little knowledge or understanding of the Middle East until I read this book.
Wow! But wait a minute, so Elon Musk wasn’t a prodigy? Yeah, the story of Elon Musk gives all of us mere mortals hope. You too can dream big and do great things.
The underbelly of America.
The history of Silicon Valley.
Just about everyone has heard of Charles Ponzi of the Ponzi scheme, but the story of Ivar Kreuger is simply incredible. A great study of human greed.
Most Westerners still don’t get China, this book opened my eyes despite the fact I was from China and frequently visit.
An all time classic, a must read to understand ourselves better.
A compelling read about actual survival when in physical danger, some very interesting insights into human behavior.
I found plenty of similarities when compared to my own experiences of running a startup.
This book gave me insight on why and how people make choices, including myself.
The insight on crowd psychology from nearly 150 years ago is just as relevant today.
A very fascinating book about different cultures.
A different way of looking at human history.
If you don’t believe in climate change, this book will make you think twice.
It is utterly incredible that someone with no technical knowhow succeeds by sheer will and leap of faith, in an incredibly cut-throat and political environment that is China.
Never stop asking why 🙂
Just when you are depressed about the world around you, this book will give you context.
I highly recommend the audiobook version of this book, I share much of the same views of Mr. Vaynerchuk.
I consider books like this entertainment, but not without some valid points.
Phil Knight’s amazing story of how he built Nike. Great writing, great story telling 🙂
Want to build mental toughness? Read this book!
Math is the key to the understanding of so many things in life, this book is easy to read and a great refresher in case you forgot what you learned in school.
Although I didn’t exactly follow what the book prescribes, but my overall direction and actions fits the bill. Persisting, sacrifices, and being optimistic and hopeful did help get me where I am today. This book attempts to have a “scientific” approach to validate these points, which I find somewhat dubious, but it is a good read nevertheless.
I took a few philosophy classes in college, totally unnecessary towards whatever major I thought I wanted to pursue at the time, but it did teach me to be a skeptical, independent thinker. This is a great “Cliff Notes” approach of philosophers, easy to read and digest but still makes you think.
A thoroughly fun book on everyday life and how math get entangled in it, it will shed light on an average person’s silly biases and lack of understanding handicapped by poor math. It will help you make better decisions.