As we settle into another semester of online school “at” Dalhousie, we asked our writers to recommend books that they read in 2020 that they felt readers of the DBR would enjoy this coming year. Below is a list of 10 books, related to business and other topics for your enjoyment. Links to purchase the books are from Bookmark, a locally owned Halifax bookstore have also been attached.
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
By Burton Malkiel
A Random Walk Down Wall Street, written by Burton Gordon Malkiel, a Princeton economist, is a book on the subject of stock markets which popularized the random walk hypothesis. Malkiel argues that asset prices typically exhibit signs of a random walk and that one cannot consistently outperform market averages. The book is frequently cited by those in favor of the efficient-market hypothesis. As of 2020, there have been twelve editions and over 1.5 million copies sold. A practical popularization is The Random Walk Guide to Investing: Ten Rules for Financial Success.
The Intelligent Investor
By Benjamin Graham
The Intelligent Investor by Benjamin Graham, first published in 1949, is a widely acclaimed book on value investing. The book teaches readers strategies on how to successfully use value investing in the stock market. Historically, the book has been one of the most popular books on investing and Graham’s legacy remains. The Intelligent Investor is notable today, with many famous investors praising it for helping them learn how to determine value in the stock market and successfully pick stocks for their portfolios. The main analysis of the book is focused on value investing, the allegory of Mr. Market, and determining value.
Free Trials (and Tribulations): How to Build a Business While Getting Punched in the Mouth
By Kyle Racki
In Free Trials (and Tribulations), Kyle shares his remarkable journey and the valuable business lessons he learned along the way. From a difficult beginning, dealing with grief, divorce, and being shunned for abandoning a religion he realized was a cult, Kyle discovered how to take the punches and make them work for him. His incredible story can inspire anyone to overcome even the biggest setbacks to develop a product, find a business partner, raise investment capital, scale a company, and more. Running a company can be a lonely, stressful experience. But by following Kyle Racki’s lead, you can come out on top no matter how far down you started.
Taking Charge of Adult ADHD
By Russell A. Barkley
For adults with ADHD, problems with attention, planning, problem solving, and controlling emotions can make daily life an uphill battle. Fortunately, effective help is out there. No one is a better guide to how to get the best care—and what sufferers can do for themselves—than renowned ADHD researcher/clinician Russell A. Barkley. Dr. Barkley provides step-by-step strategies for managing symptoms and reducing their harmful impact. Readers get hands-on self-assessment tools and skills-building exercises, plus clear answers to frequently asked questions about medications and other treatments. Specific techniques are presented for overcoming challenges in critical areas where people with the disorder often struggle—work, finances, relationships, and more. Finally, an authoritative one-stop resource for adults with ADHD who are ready to take back their lives.
By Michael Lewis
Liar’s Poker is a non-fiction, semi-autobiographical book by Michael Lewis describing the author’s experiences as a bond salesman on Wall Street during the late 1980s. First published in 1989, it is considered one of the books that defined Wall Street during the 1980s, along with Bryan Burrough and John Helyar’s Barbarians at the Gate: The Fall of RJR Nabisco, and the fictional The Bonfire of the Vanities by Tom Wolfe. The book captures an important period in the history of Wall Street. Two important figures in that history feature prominently in the text, the head of Salomon Brothers’ mortgage department Lewis Ranieri and the firm’s CEO John Gutfreund. The book’s name is taken from liar’s poker, a high-stakes gambling game popular with the bond traders in the book.
By Simon Kuper & Stefan Szymanski
Why do England lose? Why does Scotland suck? Why doesn’t America dominate the sport internationally… and why do the Germans play with such an efficient but robotic style?
These are questions every soccer aficionado has asked. Soccernomics answers them.
Using insights and analogies from economics, statistics, psychology, and business to cast a new and entertaining light on how the game works, Soccernomics reveals the often surprisingly counter-intuitive truths about soccer.
Rich Dad, Poor Dad
By Robert Kiyosaki
Rich Dad Poor Dad is Robert’s story of growing up with two dads — his real father and the father of his best friend, his “rich dad” — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.
A Promised Land
By Barack Obama
Barack Obama tells the story of his improbable odyssey from young man searching for his identity to leader of the free world, describing in strikingly personal detail both his political education and the landmark moments of the first term of his historic presidency—a time of dramatic transformation and turmoil.
The Defining Decade
By Meg Jay
Our “thirty-is-the-new-twenty” culture tells us that the twentysomething years don’t matter. Some say they are an extended adolescence. Others call them an emerging adulthood. But thirty is not the new twenty. In this enlightening book, Dr. Meg Jay reveals how many twentysomethings have been caught in a swirl of hype and misinformation that has trivialized what are actually the most defining years of adulthood. Drawing from more than ten years of work with hundreds of twentysomething clients and students, Dr. Jay weaves the science of the twentysomething years with compelling, behind-closed-doors stories from twentysomethings themselves. She shares what psychologists, sociologists, neurologists, reproductive specialists, human resources executives, and economists know about the unique power of our twenties and how they change our lives. The result is a provocative and sometimes poignant read that shows us why our twenties do matter. Our twenties are a time when the things we do–and the things we don’t do–will have an enormous effect across years and even generations to come.
By Angela Duckworth
The daughter of a scientist who frequently noted her lack of “genius,” Angela Duckworth is now a celebrated researcher and professor. It was her early, eye-opening stints in teaching, business consulting and neuroscience that led to her hypothesis about what really drives success: not genius, but a unique combination of desire and long-term perseverance. In Grit, she takes us into the field to visit cadets struggling through their first days at West Point, teachers working in some of the toughest schools in the United States and young finalists in the Scripps National Spelling Bee. She also mines fascinating insights from history and shows what can be gleaned from modern experiments in peak performance. Finally, she shares what she’s learned from interviewing dozens of high achievers—from JPMorgan Chase CEO Jamie Dimon to New Yorker cartoon editor Bob Mankoff to Seattle Seahawks head coach Pete Carroll. Grit is a book about what goes through your head when you fall down, and how that—not talent or luck—makes all the difference. Read it and discover what Glamour calls one of “The Year’s Best Life Hacks.”