Alright, I know I haven’t posted since very long. The last article which I wrote was about my views on Snapchat’s IPO back in 2017. To be honest, I’ve just been really busy with college and studies.
So, a few days ago I was at a Foodiez cafe with my friend and we got into talking regarding politics and corruption in India, and somehow he ended up mentioning that I should read this book “Dongri to Dubai” it’s regarding the infamous Dawood Ibrahim, which I still haven’t read it yet.
But it made me think, and I wondered which books I liked reading the most.
Till now I’ve not read many books. Book reading is not my pretense, it takes me about one-two months to complete a whole book. I love reading articles about biographies, stories, news etc. I’m all up for it, but when it comes to books, I’m very indolent.
And I’ve very few opinions when someone asks me which book to read. Anyway, since the talk with my friend, I’ve got this idea to share my favorite books in a blog post even though I’ve read very few. So, here we go.
One Up On Wall Street – By Peter Lynch
This is by far the best book I’ve read on the stock market. Even though you’ve no clue what the heck is or how the market works, this book is really great to read.
It deals with fewer numbers & balance sheets and more about the anecdotal stories and Lynch’s philosophy regarding his stock-picking techniques.
Peter Lynch was a fund manager back in the 1980s managing Magellan Fund at Fidelity Investments and he averaged 29.2% annualized returns from 1977 to 1990, beating everyone on Wall Street and doubling S&P 500 returns, thus making Magellan the best mutual fund in the world.
How Not to Be Wrong: The Power of Mathematical Thinking
I read this book because someone recommended me (I don’t remember who) but I’m glad that someone did. To be frank, I had to read this book twice.
Not because I did not understand it the first time, but because a few narratives make you think and want to read it again and again.
The book is all about maths as the title suggests but no, you don’t have to be an expert in Math. If you ask me, I suck at Math. I flunked Math when I was in 8th grade.
And you’re probably way smarter than me (at least in Math) and if you’ve not flunked Math in 8th grade, you’re good to go. Just Kidding.
This book deals with a lot of data and the author Jordan Ellenberg shares stories related to it.
You can’t compare some country’s cancer rate with another (in a nutshell). How data can be wrong and sometimes it’s not possible to predict certain things even with so many advanced technologies but with Mathematics, it is.
Few of the chapters in this book are difficult to understand (at least for me) so you may have to Youtube a few topics such as Regression, Integrals etc. (As I said, I flunked math in 8th grade).
P.S. I’m sorry that I’m not good at Book reviewing.
Rich Dad Poor Dad
Rich Dad Poor Dad was one of the first books I ever read. I read this book long back. It made me realize about “how” to manage money and “why” it is important to do so.
The book is typically based on the author Robert Kiyosaki’s childhood where he gets an opportunity to learn from his both middle class (Poor Dad) and upper class (Rich Dad) dads.
How one worked for money and other made money work for him.
The book is very basic but still an eye-opening to anyone who’s been living a life without FIRE planning (FIRE – Financial Independence, Retire Early).
Now, I know these are just three books that I talked about, but I already mentioned that I’ve not read a lot of books (yet). Well, I’ve read a few but these three are definitely my favorites. I’ll surely update this list if I love any new books that I may read in future.
I read fiction books too. I recently read Crazy Rich Asians and I loved it, but sadly it could not make it to this list.
What are your favorite books that you read, don’t be shy to tell me about it in the comments below:)