The underlying logic of finance, 5 must-read books!!


1. A Monetary History of the United States by Milton Friedman
This book is a classic work by the great American economist Friedman. The content of the book includes the changes in the U.S. currency stock between the Civil War and 1960. Friedman used historical statistics and currency to demonstrate the relevance of major economic events. Due to the inherent connection between them, this book became the founding work of monetarism and had a great influence on the Federal Reserve and later U.S. monetary policy. For friends who want to learn monetary economics, it is definitely a classic that cannot be missed.
2. "Principles: Responding to a Changing World" Ray Dalio
This book just meets my needs. Standing on Dalio's shoulders, I can figure out the underlying logic of how the world works and how the world works. The world always moves in cycles, from decline to prosperity, from prosperity to decline. Crisis always comes quietly when people are clamoring. Prosperity always starts unknowingly. By the time most people realize it, More than half of the process has passed. Seizing the dividends requires the ability to predict, and a person's ability to predict the future depends on his understanding of the causal relationship behind it.
3. "The Wolf of Wall Street: The King of Finance Carl Icahn" by Mark Stevens
The mission of Wall Street is not to create, but to possess. This book reveals the essence of Wall Street, the redistribution of capital. Capital is always cold-blooded, and Carl Icahn, as a corporate reaper, is always looking for his prey. This book allows us to see the insider transactions in the history of American company acquisitions, and how to become the world's largest speculator step by step.
4. "Too Big to Fail" Ross Sorkin
A must-read book to understand the financial crisis. This book mainly writes about the attitudes and behaviors of investment banks, securities firms, and regulatory agencies in the 2008 subprime mortgage crisis, how Lehman went to destruction step by step, and how the Federal Reserve saved large banks, 2008 In the subprime mortgage crisis and the Great Depression, the Federal Reserve had completely different behaviors, which ultimately led to completely different results.
5. "Schwarzman: Lessons Learned" by Ray Dalio
Schwarzman, a fellow Buffett, is the founder of Blackstone Group, the world's largest private equity group. 70% of the top 50 companies and pension funds in the United States have Blackstone investments. This book not only writes Schwarzman's own entrepreneurial history, but also his life philosophy accumulated over decades.
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MyDestinyvip
· 2023-09-06 05:52
Thank you
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