46 Best Hedge Funds Books of All Time

Sheryl SandbergMichael Lewis's ability to boil down the most complicated subjects is like a magic trick. You can't believe your own eyes. He takes on important issues - from the 2008 Wall Street crash in "The Big Short" to parenting in "Home Game" - and breaks them down to the deepest truths. His combination of an extraordinarily analytical mind and a deep understanding of human nature allows him to weave... (Source)

Tim HarfordIf I had any criticism of the book, it’s that he makes it seem too obvious. It becomes mysterious how anyone could have been confused. (Source)

David Heinemeier HanssonA good one. (Source)

Bill Gates[On Bill Gates's reading list in 2012.] (Source)

Jeff Bezos[From the book "The Everything Store: and the Age of Amazon"] “The scholar argues that people are wired to see patterns in chaos while remaining blind to unpredictable events, with massive consequences. Experimentation and empiricism trumps the easy and obvious narrative,” Stone writes. (Source)

James AltucherAnd throw in “The Black Swan” and “Fooled by Randomness”. “Fragile” means if you hit something might break. “Resilient” means if you hit something, it will stay the same. On my podcast Nassim discusses “Antifragility” – building a system, even on that works for you on a personal level, where you if you harm your self in some way it becomes stronger. That podcast changed my life He discusses... (Source)

Marvin LiaoMy list would be (besides the ones I mentioned in answer to the previous question) both business & Fiction/Sci-Fi and ones I personally found helpful to myself. The business books explain just exactly how business, work & investing are in reality & how to think properly & differentiate yourself. On the non-business side, a mix of History & classic fiction to understand people, philosophy to make... (Source)

Bill WidmerIn general, I recommend Rich Dad Poor Dad by Robert Kiyosaki to learn more about assets and liability and how to view money. (Source)

Sa ElThis book started everything for me and put me on a path to a rich mindset, it helped me understand that dreaming wasn't enough, you had to actually place that dream into reality if you ever want to achieve it. (Source)

Max Levchin[Max Levchin recommended this book as an answer to "What business books would you advise young entrepreneurs read?"] (Source)

John GapperThe Fed itself did not bail out LTCM, but it was worried enough to get a bunch of big banks into the room and say, “Would you care to chip in and save this thing?” Which they obligingly did – and then liquidated it. The Fed foresaw that the failure of a single big hedge fund could send shock waves through the entire financial system. The issue of systemic risk was highlighted. (Source)

Deepak Shenoy@gauravsabnis @abhijitkadle @mohitsatyanand @tanayingale I fourth that recommendation. That is a brilliant book. (Source)

Warren BuffettTo invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. This book precisely and clearly prescribes the proper framework. You must provide the emotional discipline. (Source)

Kevin RoseThe foundation for investing. A lot of people have used this as their guide to getting into investment, basic strategies. Actually Warren Buffett cites this as the book that got him into investing and he says that principles he learned here helped him to become a great investor. Highly recommend this book. It’s a great way understand what’s going on and how to evaluate different companies out... (Source)

John KayThe idea is that you look at the underlying value of the company’s activities instead of relying on market gossip. (Source)

Eric RiesThis reads like a thriller, but is an urgent and important story about the dangers of Putin’s Russia and the events leading to the Magnitsky Act. (Source)

Anand Sanwal@geoffreysbatt @patrick_oshag 2/ Reminded a bit of the story of @Billbrowder as told in the remarkable book Red Notice which chronicles his investments in Russia very early before everyone saw the opportunity (Source)

Jonathan KayAm reading @Billbrowder's amazing book Red Notice. Did not know incredible story of Bill's dad, who got his @Princeton math PhD at age 20. Like many Jews of era, suffered massive discrimination, stigmatized because of his own dad's communism. Then Eleanor Roosevelt saves the day https://t.co/Bp5PFiIxm1 (Source)

Fabrice GrindaI have lots of books to recommend, but they are not related to my career path. The only one that is remotely related is Peter Thiel’s Zero to One. That said here are books I would recommend. (Source)

Steve Burns"By far, the best investing book is Reminiscences Of A Stock Operator. Everything in that book is true about how markets work, how human nature works, the mistakes people make, the greed that they have, the ways they get themselves in trouble." - Gundlach https://t.co/asuBsN0BvM (Source)

Alykhan SatchuMy all time favorite Book https://t.co/UxwPMlAcXU (Source)

Joshua M. BrownEach new generation of traders gets inspired by this book but I have come to love it as more of a cautionary tale. and FYI, this is the better book for that context: https://t.co/116lNciXCF https://t.co/mEYn2ZAqPI (Source)

Patrick SwallsRead this if you want to learn more about the stock market. (Source)

Max LevchinDocuments the SEC’s investigation into hedge fund SAC Capital Advisors and several individuals including Steven Cohen. (Source)

Warren BuffettThis is that rarity, a useful book. (Source)

Henry MedineWhenever I am assessing an investment decision I refer to Howard Marks (Oaktree Capital Management) The Most Important Thing: Uncommon Sense for the Thoughtful Investor. He lays out explicit techniques for reaching second level thinking and outlines particular questions any investor should ask themselves before making an investment decision. I paraphrased the lessons I found most useful and refer... (Source)

Barry RitholtzThe Quants explains how maths, combined with a lot of leverage and a bit of modelling error led to a lot of disasters. It’s about the mathematicians and, literally, rocket scientists who came up with a series of concepts as to how to use mathematics to try to game the market. The fun thing about mathematics is that you can identify these really small, really tiny edges that you wouldn’t find... (Source)

David SirotaAnother must-read book out today is this one from @Aaron_Glantz — it’s about how our government allowed private equity vultures to profit off the pain, suffering and misery of the housing crisis. https://t.co/ekG7U8SNFu (Source)

Richard W. Painter@Aaron_Glantz @democracynow Great book! But what a racket! (Source)