
Hanson and Simler make the most provocative claim in this list: that self-deception is not a flaw but an adaptive strategy — we hide our real motives from ourselves so we can more convincingly hide them from others. If true, the entire bias-correction project has a ceiling. This book belongs at the end so it reframes everything before it.
Chosen by shared topics, the entries that hold them, and the people who recommended both.
Why people mistake luck for skill, above all in markets.
“Fooled by Randomness is a serious, intellectually sophisticated book, well worth reading carefully. At times, the book is condescending. Nevertheless, there are some great insights.” — Barton Biggs
Source: Biggs on a sophisticated book worth reading carefully
Recommended by: Barton Biggs, Michael Mauboussin and 11 others
The habit loop of cue, routine and reward, and how to change a habit by its routine.
“I love his [Charles Duhigg's] book. By the way I got his book and gave it to everyone in the company [Bridgewater].” — Ray Dalio
Source: Dalio on giving Duhigg's book to everyone at Bridgewater
Recommended by: Mohnish Pabrai, Nat Eliason, Naval Ravikant and 6 others
Twenty short essays on why behaviour matters more than knowledge with money.
“…books I've recommended, highlighted to death, or forced on friends.” — Andrew Wilkinson
Source: Andrew Wilkinson's Bookshelf, neverenough.com
Recommended by: Andrew Wilkinson, Nat Eliason, Ali Abdaal and 10 others
How behavioural economics was built against economists who assumed rational agents.
“He opens his new book, Misbehaving, with Vilfredo Pareto's assertion” — Howard Marks
Source: Oaktree memo 'On the Couch'
Recommended by: Howard Marks, Peter Mallouk, Tyler Cowen
Tavris and Aronson focus on what happens after a bias fires: the self-justification, narrative revision, and escalating commitment that follow. Cognitive dissonance, they argue, is not a personality flaw but a universal mechanism, and understanding it explains police misconduct, political tribalism, and therapy failures in a single framework.
Recommended by: Mohnish Pabrai, Nat Eliason and 2 others
Speeches making the case for a latticework of mental models from many fields.
“…books I've recommended, highlighted to death, or forced on friends.” — Andrew Wilkinson
Source: Andrew Wilkinson's Bookshelf, neverenough.com
Recommended by: Andrew Wilkinson, Charlie Munger and 26 others
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