Books like The Alchemy of Finance

01

Fooled by Randomness

Nassim Nicholas Taleb · Psychology

Fooled by Randomness is Nassim Nicholas Taleb's argument that humans are wired to misread luck as skill, noise as signal, and random outcomes as the product of ability or effort.

02

Thinking, Fast and Slow

Daniel Kahneman · Psychology

Thinking, Fast and Slow is Daniel Kahneman's account of the two cognitive systems that govern human thought.

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.

04

Antifragile: Things That Gain from Disorder

Nassim Nicholas Taleb · Philosophy

Antifragile is Nassim Nicholas Taleb's argument that the opposite of fragile is not robust or resilient — it is antifragile.

05

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.

06

100 to 1 in the Stock Market

Thomas Phelps · Economics

100 to 1 in the Stock Market, published in 1972 by Thomas Phelps, is a study of the conditions under which stocks return one hundred times an investor's original investment — and an argument that such stocks are more common and more identifiable in advance than most investors believe.