The New Finance: Overreaction, Complexity and Uniqueness (3rd Edition)
Robert A. Haugen

Prentice Hall, 2003

It presents a comprehensive and organized collection of the evidence contradicting market efficiency. Sets forth and synthesizes a paradigm shift in financial economics, exploring rational finance, behavioral finance, and the new finance. This book provides revolutionary and controversial ideas lending to the acceptance of the notion that capital markets are inefficient. Portfolio Managers, ...
  
  











  



  
The New Financial Order: Risk in the 21st Century20 reviews
Robert J. Shiller

Princeton University Press, 2004

Extremely complex in its theory, but well worth the effort

+ A fascinating alternative view of the financial system

Robert J. Shiller proposes the use of mass insurance policies to cure many of society's ills. Think he's crazy? Read the book and judge for yourself. The author makes alot more sense than you might think at first blush.
  
  











  



  
Fischer Black and the Revolutionary Idea of Finance15 reviews
Perry Mehrling

Wiley, 2005

A Loner who drove Financial Change

+ A Guidebook to Thinking Outside of the Proverbial Box...
+ A Masterful Biography
+ Outstanding scholarship wrapped in a 'John Nash-like' story
+ Black used as a vehicle for a broader theory
  
  











  



  
The Inefficient Stock Market8 reviews
Robert A. Haugen

Prentice Hall, 2001

Good Analysis

+ Good (if overpriced) little book
+ A Real Eye Opener
+ Good accessible book on market inefficiencies.
  
  











  



  
The Black Swan: The Impact of the Highly Improbable343 reviews
Nassim Nicholas Taleb

Random House, 2007

original and great insight

+ a must-read but could use a Bill Bryson make-over
+ Svarta svanar är oförutsägbara

This is the book I drag around everywhere, you can only read a few pages at a time because you need to think while digesting. the author is very knowledgable - sometimes too knowledgable, but that's a good thing, because he has a lot to say, a different point of view, a chip on his shoulder, ...
  
  











  



  
My Life as a Quant: Reflections on Physics and Finance69 reviews
Emanuel Derman

Wiley, 2004

Appreciation for author's effort

+ Book worthy to buy
+ nice intro into working on wall st (as quant)
+ Learn: What is a quant, and what's it like to be one, and why would you?
  
  











  



  
Against the Gods: The Remarkable Story of Risk155 reviews
Peter L. Bernstein

Wiley, 1998

Great Reward

+ Excellent overview of the history of financial risk management
+ Today's hero is often tomorrow's blockhead.
+ Very Interesting!
  
  











  



  
Irrational Exuberance88 reviews
Robert J. Shiller

Doubleday Business, 2006

This phrase will live in infamy

+ Invested more than ten dollars?

Great book based on the phrase spoken by Greenspan to try and slow down the economy.
  
  











  



  
A History of the Theory of Investments: My Annotated Bibliography (Wiley Finance)6 reviews
Mark Rubinstein

Wiley, 2006

Probably one of the best books I have ever read

+ Best history available
+ A Treasure Trove of Historical Context
+ Rubinstein has done it agian!
  
  











  



  
Stocks for the Long Run : The Definitive Guide to Financial Market Returns and Long-Term Investment Strategies57 reviews
Jeremy J. Siegel

McGraw-Hill, 2002

an investing classic

+ Investment for Wide Audience
+ Jeremy Siegel hit a home run with this book
+ Fantastic Analysis
+ Buying this book is your first great investment!
  
  











  



  
The Road to Serfdom Fiftieth Anniversary Edition183 reviews
F. A. Hayek

University Of Chicago Press, 1994

Brilliant prima facie case against socialism

+ Too bad we aren't taking this advice
+ Please America take down your safety net...it is why we are great
+ Required Reading for Steadfast Leftists
  
  











  



  
Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing (Financial Management ...14 reviews
Hersh Shefrin

Oxford University Press, USA, 2007

Packed with Knowledge !

+ Comprehensive, Entertaining Overview of Fascinating Field

If only you could bring yourself to ditch those losers from your portfolio, and hang onto your winners. If you can, you are unusual. Unprofitable habits afflict nearly all investors, beginners and pros alike, writes Hersh Shefrin in this intriguing study of the role of emotions in investing. ...
  
  











  



  
Famous First Bubbles: The Fundamentals of Early Manias7 reviews
Peter M. Garber

The MIT Press, 2000

Excellent debunking of the myth about tulipmania

+ A Good Read!
+ A Good Read!
+ Good, but not very academic
  
  











  



  
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets383 reviews
Nassim Nicholas Taleb

Random House Trade Paperbacks, 2005

Methods of thinking and mental models worth learning

+ one of the "bestest" book ever
+ An insightful view of life

Every once in a while, someone really intelligent focuses his thoughts on the most valuable skill a human can have--how to think. Nassim Taleb has done an admirable job at just that: not telling us what to think--but showing us how to think in ways we can apply to innumerable life situations. I'm ...
  
  











  



  
The Winner's Curse: Paradoxes and Anomalies of Economic Life15 reviews
Richard H. Thaler

Princeton University Press, 1994

Highly Recommended!

+ Very good seller. Shipped Quickly. Product in Great Condition.
+ Very interesting

We highly recommend this classic of economic literature, one of the first (more or less) accessible presentations of the evidence against economic rationality. Economists have assumed, conventionally, that economic choice rests on a foundation of rationality. For instance, economists tend to think ...
  
  











  



  
A Random Walk Down Wall Street: Completely Revised and Updated Edition171 reviews
Burton G. Malkiel

W. W. Norton & Company, 2003

Excellent Message. Sweeps some exceptions (particularly those noted herein) under the rug.

+ Great Book
+ This may be the last investing book you will need to read
+ Disappointed Purchaser
  
  











  



  
The Misbehavior of Markets: A Fractal View of Risk, Ruin & Reward54 reviews
Benoit Mandelbrot, Richard L. Hudson

Basic Books, 2006

Outstanding explanation of math and markets

+ Exposing the Cracks in the Facade - But Not Filling Them In

To begin, I am not a mathematician or investor, however, this book opened the world of those topics to me in an understandable way. The author is an out-of-thebox thinker who clearly explained the topic well, causing me to investigate the ideas more.
  
  











  



  
Capital Ideas Evolving9 reviews
Peter L. Bernstein

Wiley, 2007

Accessible explanation of the foundations of finance

+ Capital Ideas Evolving
+ Unique and sunsurpassed.
+ An excellent book
  
  











  



  
When Genius Failed: The Rise and Fall of Long-Term Capital Management210 reviews
Roger Lowenstein

Random House Trade Paperbacks, 2001

When Genius Failed: The Rise and Fall of Long-Term Capital Management

+ Fun for everyone...
+ A must read for all market participants
+ Brilliant
+ One of the best books I've read
  
  











  



  
The Road to Serfdom Fiftieth Anniversary Edition183 reviews
F. A. Hayek

University Of Chicago Press, 1994

Brilliant prima facie case against socialism

+ Too bad we aren't taking this advice
+ Please America take down your safety net...it is why we are great
+ Required Reading for Steadfast Leftists