Books like Market Wizards

01

Reminiscences of a Stock Operator

Edwin Lefèvre · Biography

Reminiscences of a Stock Operator is a fictionalized biography of Jesse Livermore, the most famous speculator of the early twentieth century, told through the voice of "Larry Livingston." First published in 1923 as a series in the Saturday Evening Post, the book follows Livermore from his teenage years trading in bucket shops — illegal off-exchange betting parlors where customers wagered on price movements — through his multiple fortunes and bankruptcies on Wall Street.

A kindred business read.

02

Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts

Annie Duke · Psychology

Thinking in Bets is Annie Duke's argument that most decisions in life share a fundamental feature with poker hands: you're choosing under uncertainty, with incomplete information, and luck will affect the outcome regardless of how well you reasoned.

A kindred business read.

03

The Big Short: Inside the Doomsday Machine

Michael Lewis · Economics

The Big Short is Michael Lewis's account of the 2008 financial crisis as seen through the eyes of a handful of contrarians who saw the collapse coming, bet against the American housing market, and were right.

A kindred business read.

04

Liar's Poker

Michael Lewis · Business

Liar's Poker is Michael Lewis's account of his years as a bond salesman at Salomon Brothers in the 1980s, the decade when Wall Street stopped being a gentleman's club and became something closer to a casino.

A kindred business read.

05

The Intelligent Investor

Benjamin Graham · Economics

The Intelligent Investor is Benjamin Graham's case that successful investing has less to do with picking the right stocks than with managing your own behavior.

Both dig into risk management.

06

Business Adventures: Twelve Classic Tales from the World of Wall Street

John Brooks · Business

Business Adventures is a collection of twelve long-form New Yorker profiles originally published between 1959 and 1969.

Both dig into financial markets.

07

Good to Great

Jim Collins · Business

Good to Great is Jim Collins's attempt to answer a deceptively simple question: why do some good companies make the leap to sustained greatness while most don't?

Both dig into discipline.

08

How to Day Trade for a Living

Andrew Aziz · Business

How to Day Trade for a Living is Andrew Aziz's introduction to active stock trading for people who want to treat it as a craft rather than a gamble.

Both dig into risk management.

09

What I Learned Losing a Million Dollars

Jim Paul · Business

Jim Paul was a successful commodities trader who made millions quickly, only to lose it all and more in a single catastrophic position.

Both dig into risk management.

10

All About Asset Allocation

Richard A. Ferri · Economics

All About Asset Allocation is Richard Ferri's systematic guide to building and maintaining a diversified investment portfolio.

Both dig into risk management.

11

Can't Hurt Me

David Goggins · Memoir

Can't Hurt Me is David Goggins's memoir of escaping an abusive childhood, failing military entrance requirements, becoming a Navy SEAL, and then becoming one of the most accomplished endurance athletes in the world — not through talent or privilege but through a deliberate, painful process of forcing himself past every limit he had.

Both dig into discipline.

12

Discipline Equals Freedom

Jocko Willink · Self-help

Discipline Equals Freedom is Jocko Willink's compressed manifesto on the relationship between self-discipline and freedom — his central argument being that the two are not opposites but the same thing.

Both dig into discipline.