Updates

  1. Person pages list letters, writing, profiles and links as sortable tables with filters, and show each person's companies as links; Fund letters show each letter's description in its own column.
  2. Experts show a checked job title and a short description of each person; 30 more people have photographs.
  3. Every company, fund, university and publication the experts work for has a page listing the people there.
  4. Fund letters show each letter's thesis and filter by it; 225 person pages list the essays, columns and newsletter issues the person wrote.
  5. Person pages list every essay and newsletter issue a person wrote, and their own books as a table in List view.
  6. Recommends shows the five largest kinds of book and the rest under More; browse pictures load sooner.
  7. Podcasts and talks link the original episode, filter by Audio and video or Press, and list each publisher once.
  8. Pages are wider, Recommends has List and Grid, and a filter clicked again turns off.
  9. Book cards sit in a ruled grid with Open Library and Goodreads links and each book's one-line note.
  10. Funds is now Investors; each investor's styles are buttons that filter the table.
  11. Podcasts and talks on a person's page filter by year and publisher and show as a list or a grid of pictures.
  12. Quotes show only people's own words: 472 summaries written by list sites are gone.
  13. Country pages open from Browse again, and every link on the shelf lands on a page.
  14. Subject and person pages show their sections as tabs, and each book appears once on a person's page.
  15. Book cards show the quote, who said it and the source; grids show five cards to a row.
  16. On a phone, a menu holds the sections, search, Updates, Feedback and dark mode.
  17. Feedback takes a screenshot of the page with no browser prompt, opens a screenshot full size when you click it, and clears itself once sent.
  18. Book cards are centred, search names the topic each book sits in, and any text cut short shows whole on hover.
  19. Search groups its results by kind: people, companies, geographies, subjects, topics, books, funds, fund letters and papers.
  20. The Books table lists who recommended each book by name, and the browser tab names the section you are in.
  21. Feedback can take a screenshot of the page, or one you paste or choose, and opens in the corner beside Updates.
  22. Each rail button reopens its section where you left it, and Browse, Table and People show on every book and subject page.
  23. Filters grey out choices that hold nothing instead of hiding them, and Books › People filters by authors or recommenders.
  24. Feedback takes a subject line and up to three screenshots.
  25. Biographies are grouped by the person they are about: 41 new pages, from Abraham Lincoln to Lee Kuan Yew.
  26. Sport splits into 23 sports, and Religion into one topic per faith.
  27. Book lists show as cards: the cover, one recommendation quote and every recommender by name.
  28. Seventeen subjects that had two or three pages under different names now have one page each.
  29. Every page lists its Experts as authors and recommenders, with a link to them on the Experts tab.
  30. Economics, Financial history, Financial panics and Accounting are subjects of their own, with one page per financial crisis.
  31. Book, person and subject pages open inside the app, so the tabs stay in view.
  32. 996 more book covers, and photographs or logos for 227 more people and companies.
  33. Books › Browse shows every subject as cards, and the rail holds Fund letters, Papers, Experts, Books and Funds.
  34. Every topic over 150 books splits into narrower topics, each with a page of its own.

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Investors and the history of markets

Financial history

Long-run return studies, investor memoirs and profiles, and histories of investing ideas, hedge funds and stock exchanges.

Books 40Experts 17Recommenders 31

Start here

  1. Confusion de ConfusionesJoseph de la Vega, 1688
  2. Stocks for the Long RunJeremy J. Siegel, 1994
  3. Anatomy of the BearRussell Napier, 2005
  4. The World's First Stock ExchangeLodewijk Petram, 2014
  5. VC: An American HistoryTom Nicholas, 2019
Confusion de Confusiones
T1 Confusion de Confusiones
Joseph de la Vega · 1688
Open LibraryGoodreads

Dialogues on trading Dutch East India Company shares in 1680s Amsterdam.

Stocks for the Long RunStocks for the Long Run
T2 Stocks for the Long Run
Jeremy J. Siegel · 1994
Open LibraryGoodreads

US returns since 1802 show stocks beat bonds and cash over every long period.

“his book "Stocks for the Long Run" contributed greatly to the bull market's middle years” — Howard Marks

Source: Oaktree memo 'Irrational Exuberance'

Recommended by: Howard Marks

Anatomy of the BearAnatomy of the Bear
T2 Anatomy of the Bear
Russell Napier · 2005
Open LibraryGoodreads

What markets looked like at the US stock bottoms of 1921, 1932, 1949 and 1982.

The World's First Stock ExchangeThe World's First Stock Exchange
T2 The World's First Stock Exchange
Lodewijk Petram · 2014
Open LibraryGoodreads

How trading in Dutch East India Company shares grew into the first stock market.

VC: An American History
T2 VC: An American History
Tom Nicholas · 2019
Open LibraryGoodreads

American venture capital traced back to whaling, and why it took the shape it has.

Trillions: How a Band of Wall Street RenegadTrillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever
T3 Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever
Robin Wigglesworth · 2021
Open LibraryGoodreads

History of indexing; Bogle and Vanguard are its central thread.

Reminiscences of a Stock OperatorReminiscences of a Stock Operator
T4 Reminiscences of a Stock Operator
Edwin Lefevre · 1923
Open LibraryGoodreads

A speculator modelled on Jesse Livermore learns to read and trade the market.

“The finest trading book ever written is Reminiscences of a Stock Operator by Edwin LeFevre. It is colloquial reminiscences by a legendary speculator of the mistakes and lessons he learned over a…” — Barton Biggs

Source: Biggs calling it the finest trading book ever written

Recommended by: Barton Biggs, Bill Miller, Colm O'Shea and 5 others

Common Stocks as Long Term InvestmentsCommon Stocks as Long Term Investments
T4 Common Stocks as Long Term Investments
Edgar Lawrence Smith · 1924
Open LibraryGoodreads

Recommended by: Warren Buffett

Where Are the Customers' Yachts?Where Are the Customers' Yachts?
T4 Where Are the Customers' Yachts?
Fred Schwed · 1940
Open LibraryGoodreads

Why Wall Street grows rich on fees while its clients' results stay ordinary.

“recommended reading for those with a healthy disdain for Wall Street and its practices as well as an interest in post-boom psychology” — Nick Sleep

Source: Nomad Investment Partnership, Interim Report for the period ended June 30th, 2002, p. 10

Recommended by: Mohnish Pabrai, Nick Sleep, Warren Buffett and 4 others

Baruch: My Own StoryBaruch: My Own Story
T4 Baruch: My Own Story
Bernard Baruch · 1957
Open LibraryGoodreads

Recommended by: Mohnish Pabrai

The Money GameThe Money Game
T4 The Money Game
Adam Smith · 1968
Open LibraryGoodreads

Markets as a game of crowd psychology, seen through 1960s go-go Wall Street.

“One of the great books about investing is Adam Smith's 'The Money Game' which was published in 1967.” — Barton Biggs

Source: Biggs on one of the great books about investing

Recommended by: Barton Biggs, Howard Marks, Mohnish Pabrai and 5 others

SupermoneySupermoney
T4 Supermoney
Adam Smith · 1972
Open LibraryGoodreads

Wall Street from the late-1960s boom to the 1970 to 1973 collapse.

Recommended by: Mohnish Pabrai, Warren Buffett

Bernard M. Baruch: The Adventures of a Wall Bernard M. Baruch: The Adventures of a Wall Street Legend
T4 Bernard M. Baruch: The Adventures of a Wall Street Legend
James Grant · 1983
Open LibraryGoodreads

title listed on grantspub.com books page

The Wall Street Waltz: 90 Visual PerspectiveThe Wall Street Waltz: 90 Visual Perspectives, Illustrated Lessons From Financial Cycles and Trends
T4 The Wall Street Waltz: 90 Visual Perspectives, Illustrated Lessons From Financial Cycles and Trends
Kenneth L. Fisher · 1987
Open LibraryGoodreads
100 Minds That Made the Market100 Minds That Made the Market
T4 100 Minds That Made the Market
Ken Fisher · 1991
Open LibraryGoodreads

Recommended by: The Barefoot Investor

Capital Ideas: The Improbable Origins of ModCapital Ideas: The Improbable Origins of Modern Wall Street
T4 Capital Ideas: The Improbable Origins of Modern Wall Street
Peter L. Bernstein · 1992
Open LibraryGoodreads

How Markowitz, Sharpe, Fama, Black and Scholes built the theory of modern finance.

Minding Mr. Market: Ten Years on Wall StreetMinding Mr. Market: Ten Years on Wall Street With Grant's Interest Rate Observer
T4 Minding Mr. Market: Ten Years on Wall Street With Grant's Interest Rate Observer
James Grant · 1993
Open LibraryGoodreads

title listed on grantspub.com books page

Recommended by: Mohnish Pabrai

A Piece of the ActionA Piece of the Action
T4 A Piece of the Action
Joe Nocera · 1994
Open LibraryGoodreads

How credit cards, money market funds and discount brokers reached ordinary Americans.

Recommended by: Mohnish Pabrai, Patrick Collison and 1 other

Against the GodsAgainst the Gods
T4 Against the Gods
Peter L. Bernstein · 1996
Open LibraryGoodreads

How people learned to measure risk, from early probability to portfolio theory.

“I think some of the books that are a must would be Peter Bernstein's book about risk, Against the Gods: The Remarkable Story of Risk.” — Charles de Vaulx

Source: De Vaulx naming Bernstein's book a must-read on risk

Recommended by: Charles de Vaulx, Jim Collins and 8 others

Annals of Investing: Steve Forbes vs. WarrenAnnals of Investing: Steve Forbes vs. Warren Buffett
T4 Annals of Investing: Steve Forbes vs. Warren Buffett
Robert V. Keeley · 1996
Open LibraryGoodreads

Recommended by: Mohnish Pabrai

Markets Measure: An Illustrated History of AMarkets Measure: An Illustrated History of America Told Through the Dow Jones Industrial Average
T4 Markets Measure: An Illustrated History of America Told Through the Dow Jones Industrial Average
John A. Prestbo · 1999
Open LibraryGoodreads

Recommended by: Mohnish Pabrai

Lessons from the Legends of Wall StreetLessons from the Legends of Wall Street
T4 Lessons from the Legends of Wall Street
Nikki Ross · 2000
Open LibraryGoodreads

Recommended by: Mohnish Pabrai

Forbes Greatest Investing StoriesForbes Greatest Investing Stories
T4 Forbes Greatest Investing Stories
Richard Phalon · 2001
Open LibraryGoodreads

Recommended by: Mohnish Pabrai

The Davis Dynasty: 50 Years of Successful InThe Davis Dynasty: 50 Years of Successful Investing on Wall Street
T4 The Davis Dynasty: 50 Years of Successful Investing on Wall Street
John Rothchild · 2001
Open LibraryGoodreads

Three generations compounding a fortune through insurance stocks

“When John Rothchild combines history and biography with investing in one package, history illuminates the biography and investing. This is a sparkling book on each level, but even more so as an…” — Peter Bernstein

Source: Bernstein on Rothchild mixing history, biography and investing

Recommended by: Mohnish Pabrai, Peter Bernstein and 1 other

Wall Street People: True Stories of Today's Wall Street People: True Stories of Today's Masters and Moguls
T4 Wall Street People: True Stories of Today's Masters and Moguls
Charles D. Ellis · 2001
Open LibraryGoodreads

Edited anthology, two volumes

Recommended by: Mohnish Pabrai

The Mind of Wall StreetThe Mind of Wall Street
T4 The Mind of Wall Street
Leon Levy, Eugene Linden · 2002
Open LibraryGoodreads

A value investor's memoir from the 1950s to the dot-com crash, on market psychology.

“Personal biographies, the histories, are the most interesting. I have Benjamin Graham's personal biography, also the biography of Leon Levy, The Mind of Wall Street. These are all great.” — Chris Mittleman

Source: Mittleman on why investor biographies are the most useful reading

Recommended by: Chris Mittleman

Triumph of the Optimists: 101 Years of GlobaTriumph of the Optimists: 101 Years of Global Investment Returns
T4 Triumph of the Optimists: 101 Years of Global Investment Returns
Elroy Dimson, Paul Marsh, Mike Staunton · 2002
Open LibraryGoodreads

Stock, bond and bill returns for sixteen countries from 1900 to 2000.

Recommended by: Mohnish Pabrai

Capital: The Story of Long-Term Investment ECapital: The Story of Long-Term Investment Excellence
T4 Capital: The Story of Long-Term Investment Excellence
Charles D. Ellis · 2004
Open LibraryGoodreads

How Capital Group built its long-term investing culture.

Recommended by: Mohnish Pabrai

Fortune's Formula: The Untold Story of the SFortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
T4 Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
William Poundstone · 2005
Open LibraryGoodreads

The Kelly criterion for sizing bets, from Bell Labs to casinos and hedge funds.

Recommended by: Mohnish Pabrai

Mr. Market Miscalculates: The Bubble Years aMr. Market Miscalculates: The Bubble Years and Beyond
T4 Mr. Market Miscalculates: The Bubble Years and Beyond
James Grant · 2008
Open LibraryGoodreads

Collected Grant's essays; title listed on grantspub.com books page

Recommended by: Mohnish Pabrai

Wealth, War and WisdomWealth, War and Wisdom
T4 Wealth, War and Wisdom
Barton Biggs · 2008
Open LibraryGoodreads
The Myth of the Rational Market: A History oThe Myth of the Rational Market: A History of Risk,Reward,and Delusion on Wall Street
T4 The Myth of the Rational Market: A History of Risk,Reward,and Delusion on Wall Street
Justin Fox · 2009
Open LibraryGoodreads

Recommended by: Mohnish Pabrai

The Sages: Warren Buffett, George Soros, PauThe Sages: Warren Buffett, George Soros, Paul Volcker, and the Maelstrom of Markets
T4 The Sages: Warren Buffett, George Soros, Paul Volcker, and the Maelstrom of Markets
Charles R. Morris · 2009
Open LibraryGoodreads

Recommended by: Mohnish Pabrai

Benjamin Graham, Building a ProfessionBenjamin Graham, Building a Profession
T4 Benjamin Graham, Building a Profession
Rodney N. Sullivan · 2010
Open LibraryGoodreads

Edited collection of Graham's own writings and interviews

More Money Than God: Hedge Funds and the MakMore Money Than God: Hedge Funds and the Making of a New Elite
T4 More Money Than God: Hedge Funds and the Making of a New Elite
Sebastian Mallaby · 2010
Open LibraryGoodreads

Hedge funds from Alfred Winslow Jones in 1949 through Soros, Robertson and beyond.

“It's hard to imagine anyone will ever write a better book on the subject.” — Paul Graham

Source: Paul Graham on X (Apr 8, 2021)

Recommended by: Mohnish Pabrai, Paul Graham, Josh Wolfe and 1 other

The Evolution of Technical Analysis: FinanciThe Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets to Bloomberg Terminals
T4 The Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets to Bloomberg Terminals
Jasmina Hasanhodzic · 2010
Open LibraryGoodreads

Forecasting prices from past prices, from Babylonian records to quantitative trading.

Markets Never Forget (But People Do)Markets Never Forget (But People Do)
T4 Markets Never Forget (But People Do)
Lara Hoffmans · 2011
Open LibraryGoodreads
When the Wolves BiteWhen the Wolves Bite
T4 When the Wolves Bite
Scott Wapner · 2018
Open LibraryGoodreads

Ackman against Icahn over Herbalife; the MLM model argued in public.

“Wall Street"-esque battle between Bill Ackman and Carl Icahn over unlikely target Herbalife.” — Marc Andreessen

Source: @pmarca, 'Thread: Books I've recently read and recommend'

Recommended by: Marc Andreessen

Investing in America: The Rise of a 250-Year
T4 Investing in America: The Rise of a 250-Year Bull Market
Meb Faber · 2026
Goodreads

the 2025 Faber title is not yet catalogued

Mylife Framework: A Model for a Successful L
T4 Mylife Framework: A Model for a Successful Life Based on the Yoga Principles
Sunil Sheoran
Goodreads

Recommended by: Mohnish Pabrai

More financial history

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