Friday, November 11, 2011

Aspiring traders: Background Bibliography

I started trading during the 2008 financial crisis, as I was tired of being just a cork in the financial ocean. I've discussed this with several people and have promised to put a list of books to read up for general perusal. This first list is background, focussing not on the nuts and bolts of trading but the financial system in general and some larger than life (successful and unsuccessful) traders.

Here's the list:

  • When Genius Failed: The Fall of Long Term Capital Management, by Roger Lowenstein
  • Fooled by Randomness by Nicholas Nassim Taleb
  • The Big Short by Michael Lewis
  • The Quants by Scott Patterson
  • The Myth of the Rational Market, by Justin Fox
As well as giving a sense of how the financial markets function (and blow up!) these are all enjoyable reads as well.

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