Eccentric reading recommendations
What books, newsletters, and/or papers do you recommend that you think gave you a (slight) edge in making investment decisions?
An example is from Capital Returns, where Marathon Asset Management recommends a book on the Cod's history, written by Mark Kurlansky, to understand the capital cycle.
Every successful investor is a voracious reader. The edge comes from connecting lessons learned from books and making the right contrarian decision.
'Order of time' it's a science and physics book.
But I deal with volatility strategy, which is non-linear and time-sensitive.
Like gravity bend time - time is relative.
With volatility strategy, time around events is also being bent in non-linear way. To make it simple to understand, 1 hour before market moving event like FOMC will be different to 1 random hour in regular trading hours in a typical non-news day.
Finnegans Wake by James Joyce
This is obviously just a marketing gimmick... Like a bunch of hipsters all thinking they're special because they only drink coffee from south-central Guatemalan bat-pee covered coffee beans, so does every investment professional attempt to mimic George Soros's relationship with Popper's Open Society. And Soros obviously does it himself. First he makes a shit ton of money, then he finds some reason (reflexivity) why he made the money.
Can't believe you would read completely esoteric books just to get better at investing. Reading a book out of simple intellectual curiosity - great. But reading a book on worms, war, cows, or fish, just to get better at investing seems like a poor strategy.
Probably won't get better at investing until you have run through books on all the animals in the Bronx Zoo at least.
In autem nisi ut. Distinctio iusto eos rem commodi.
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