Nassim Nicholas Taleb Black Swan and Other Great Books
Nassim Nicholas Taleb
Nassim Nicholas Taleb is the author of several excellent and thought provoking books about how we generally incorrectly perceive risk in life and in financial systems. His recent and probably most famous book "The Black Swan: The Impact of the Highly Improbable" was published before the current financial mess fully came to public awareness and in many ways predicted a lot of the problems in the financial system.
Here is a quote from his web-site: "My major hobby is teasing people who take themselves & the quality of their knowledge too seriously & those who don't have the courage to sometimes say: I don't know...." (You may not be able to change the world but can at least get some entertainment & make a living out of the epistemic arrogance of the human race).
And Other Improbable Things
If you liked "Fooled by Randomness", then you will also like this book. Here the influence of highly improbable and unpredictable events and the potentially massive impact on the world and the stock markets are examined. A continuation of the analysis started in "Fooled by Randomness"
Nassim Nicholas Taleb: Fooled By Randomness
Fooled By Randomness by Nassim Nicholas Taleb looks at risk and reward in an interesting way and came before his highly successful book, "The Black Swan"
Nassim Nicholas Taleb was a professional trader and mathematics professor and, in this book, examines the effects of randomness on the markets, with many stories drawn from real life. An interesting alternative view of the mathematics of the money markets and life.
Other Great Investment Authors
Thinking Fast and Slow - by Daniel Kahneman
Another book about the way in which we asses risk (discussed and recommended in Nassim Nicholas Taleb's book, Fooled by Randomness), Thinking Fast and Slow looks at the way our minds work in all aspects of our lives, but in particular when dealing with the way we think when taking financial decisions: How we analyse risk and reward. The book explains the two systems that control how we think and make choices: One system is fast, intuitive and emotional and the other slower and more logical.
This book could change the way in which you make financial decisions for the better.
Daniel Kahneman was awarded the Nobel Prize in Economics in 2002 and is the Eugene Higgins Professor of Psychology at Princeton University and Emeritus Professor of Public Affairs at Woodrow Wilson School of Public and International Affairs.