Book Bits: Four New Books For The Investor's Library

● The Banks Did It: An Anatomy of the Financial Crisis
Neil Fligstein
Summary via publisher (Harvard U. Press)
More than a decade after the 2008 financial crisis plunged the world economy into recession, we still lack an adequate explanation for why it happened. Existing accounts identify a number of culprits—financial instruments, traders, regulators, capital flows—yet fail to grasp how the various puzzle pieces came together.
The key, Neil Fligstein argues, is the convergence of major U.S. banks on an identical business model: extracting money from the securitization of mortgages. But how, and why, did this convergence come about?

● Anthro-Vision:
A New Way to See in Business and Life
Gillian Tett
Review via The Wall Street Journal
Ms. Tett, who heads the FT’s American editorial board, is the author of “Anthro-Vision,” a book about how anthropology—a subject in which she has a Ph.D. from Cambridge University—can explain the folkways (and speech habits) of non-elite people to professionals trapped in the insularity of their own guilds. The latter’s specialist tools are notably inadequate, she says, when “used without an awareness of culture and context”—without an awareness, that is, of the Big Picture.

● The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right (2nd ed.)
Peter Mallouk
Summary via publisher (Wiley)
A reliable resource for investors who want to make more informed choices, this book steers readers away from past investment errors and guides them in the right direction. The Five Mistakes Every Investor Makes and How to Avoid Them, Second Edition, focuses on what investors do wrong, so you can avoid these common errors and set yourself on the right path to success. In this comprehensive reference, you’ll learn to navigate the ever-changing variables and market dilemmas that can make investing a risky and daunting endeavor. In this Second Edition, Peter Mallouk shares new investment techniques, an expanded discussion of the importance of disciplined investment management, and updated advice on avoiding common pitfalls.

1 2
View single page >> |

Disclosures: None.

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.