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Old 12-20-05, 10:34 AM
STTG Super Elite
 
Join Date: Nov 2005
Posts: 382
Investopedia Holiday Books

http://www.investopedia.com/articles...lidayBooks.asp
Interesting.
""When Genius Failed: The Rise And Fall Of Long-Term Capital Management" (2002) by Roger Lowenstein
When Salomon Brothers arbitrage genius John Meriwether founded a hedge fund and staffed it with the best and brightest minds in the country, including two Nobel prize winners in economics, there was no doubt that his brainchild was destined to be a winner. The fund's principals were so convinced that their success was inevitable that they held losing positions until the Federal Reserve had to orchestrate a bailout to avoid a broader collapse in the financial markets. Lowenstein provides an inside look at how it all happened."
Sounds fun:-p. Two Nobel prize winners and a ton of smart guys... eventually going broke, should be an interesting read.

""Extraordinary Popular Delusions & The Madness Of Crowds" (1995) by Charles Mackay
First printed in 1841, this timeless classic delves into the history of bizarre behavior perpetrated by large crowds. It's a detailed look at the impact of fear, greed and euphoria on human behavior. While it's not the most gripping book you will ever read, it does provide timeless lessons that those who fail to heed are doomed to repeat. "
This should be pretty interesting as well. I read the first three on the South Sea Bubble, Mississipi Land Scheme and the Tulipomania. Got bored when he started to talk about alchemy LOL, you bet I was snoozing and I closed the book. You can actually find it online at www.econlib.org
Have fun!
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