Where transaction value is actually captured or destroyed, from bargaining tactics to the acquirer's post-close arithmetic.
The original text on strategic positioning. Sun Tzu's core insight — that winning without fighting is the highest form of strategy — runs through everything that followed. Short enough to read in an afternoon, dense enough to argue about for a career.
Recommended by: Mohnish Pabrai, Evan Spiegel, Fred Wilson and 4 others
Conflict as bargaining: commitment, credible threats and focal points.
Recommended by: Naval Ravikant
Principled negotiation: bargain over interests, not positions, and trade less.
Recommended by: Charlie Munger, Nat Eliason, Drew Houston and 3 others
How Lyndon Johnson mastered the Senate's rules and became its majority leader.
Recommended by: Jim Collins, Marc Andreessen and 1 other
Techniques for handling people, being liked and winning others to your view.
Recommended by: Mohnish Pabrai, Alex and Books and 13 others
How 1950s advertisers used psychological research to sway buyers.
The 1787 Federal Convention in Philadelphia that wrote the US Constitution.
Recommended by: Jim Collins
Why acquirers overpay: the premium is a promise of gains most never deliver.
A step-by-step approach to business negotiation from Wharton's negotiation workshop.
How Lincoln brought his three rivals for the 1860 nomination into his cabinet.
Recommended by: Bill Gates, Mohnish Pabrai, Jamie Dimon and 1 other
The deal is shaped before the table: set up the parties, interests and options first.
FBI hostage-negotiation tactics: labelling, mirroring and calibrated questions.
Recommended by: Alfred Lin, Nat Eliason and 6 others
Contemporary reporting on the raiders, including his Phillips Petroleum fight.
The 1984 greenmail raid that brought in Eisner and Wells.
How biases such as anchoring and the winner's curse distort bargaining.
Bain's evidence that frequent small deals beat occasional large ones.
Why mergers fail; the break risk an arbitrageur underwrites.
Patterson et al. address high-stakes conversations where opinions differ and emotions run hot — conditions that describe most negotiations worth having. The STATE model and the concept of the pool of shared meaning give practitioners concrete tools rather than abstract principles.
Recommended by: Stewart Butterfield
From the Harvard Negotiation Project, this examines the negotiations we avoid: performance reviews, relationship ruptures, disagreements about fault. The three-conversation model (what happened, feelings, identity) explains why these go wrong and provides a structure for having them anyway.
Recommended by: Andrew Wilkinson, Ryan Hoover
Givers, takers and matchers, and why givers end up both at the bottom and the top.
Recommended by: Mohnish Pabrai, Alex Lieberman and 4 others
Six principles of compliance, from reciprocity to scarcity, and how sellers use them.
“…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 29 others
How to receive feedback, from performance reviews to criticism and advice.
Kahneman's synthesis of behavioral economics is the cognitive science underpinning every negotiation tactic. Anchoring, loss aversion, framing effects, and the planning fallacy — understanding why these biases operate, not just that they exist, makes you harder to exploit and more honest about your own irrationality.
“…books I've recommended, highlighted to death, or forced on friends.” — Andrew Wilkinson
Source: Andrew Wilkinson's Bookshelf, neverenough.com
Recommended by: Andrew Wilkinson, Charles de Vaulx and 32 others
Recommended by: Brian Armstrong
Recommended by: Andrew Wilkinson, Ran Segall, Tim Ferriss
Recommended by: Ramit Sethi, Tim Ferriss
Forty-eight rules for gaining and keeping power, each shown by historical episodes.
Recommended by: Nat Eliason, Ryan Holiday, Iman Gadzhi and 3 others
Sun Tzu's strategies of war applied to helping women win at love.
Recommended by: Sam Altman
Four steps to speak without blame: observations, feelings, needs and requests.
Recommended by: Andrew Wilkinson, Dustin Moskovitz and 3 others
Recommended by: Mohnish Pabrai
Seducer types, victim types and a step-by-step process of attraction from history.
Recommended by: Nat Eliason
Recommended by: The Barefoot Investor
When and how to say No to people at work, at home and in the community.
Recommended by: Muna AbuSulayman
Why some words persuade and others fail, from a political pollster.
Recommended by: Nat Eliason, Matt Mullenweg, Tim Ferriss and 1 other
Cialdini's persuasion research condensed into fifty applied findings
Recommended by: Mohnish Pabrai, Charlie Munger
Recommended by: Mohnish Pabrai
Recommended by: Patrick Collison, Marissa Mayer
A short method for direct conversations and for making difficult requests.
Recommended by: Shane Parrish
How to deal with irrational, volatile and manipulative people at work and at home.
Recommended by: Cynthia Johnson
Recommended by: Bill Gurley, Patrick O'Shaughnessy
Where you direct attention just before a message shapes how it is received.
Recommended by: Michael Mauboussin, Naval Ravikant
How to give a talk that transfers one idea, from TED's work with its speakers.
Recommended by: Mohnish Pabrai
An FBI counterintelligence system for earning trust, built from recruiting sources.
Recommended by: Kevin Rose
Eighteen patterns of human behaviour, from irrationality on, and how to handle them.
“If you've ever been curious about psychology or human behavior, it is by far the most comprehensive and memorable book I've found.” — Andrew Wilkinson
Source: Newsletter
Recommended by: Andrew Wilkinson, Library Mindset
Recommended by: Ryan Hoover, Sahil Lavingia
Venture financing term by term, for founders negotiating their first rounds.
Recommended by: Patrick Collison, Brad Feld, Gaby Goldberg and 4 others
Charlie Mungerrecommends 4 books here
Sam Altmanrecommends 2 books here
Paul Grahamrecommends 1 book here