主页 > 财经视野 > 杂志刊文 > 【CFA协会好书推介】八本改变世界的看法的书籍
中国CFA考试网 2013-10-09 17:32


Eight Books that Changed the Way I Think About the World
Categories: Economics, Portfolio Management
Reading list

There are many book lovers at CFA Institute, and sometimes we talk about books that have influenced us, sparked an idea, or helped us gain understanding about something. Someone suggested we write down these lists for others, and colleagues have put up interesting book posts here, here, and here. Now it seems my number’s come up.

A list of my favorite investment books wouldn’t be particularly original, so instead here is an off-the-cuff list of books I have enjoyed, and which have also broadened my perspective and contributed to my understanding of the world, financial and otherwise.

Capital Ideas: The Improbable Origins of Modern Wall StreetCapital Ideas: The Improbable Origins of Modern Wall Street by Peter L. Bernstein

Peter Bernstein’s many contributions to the financial canon are too numerous to explore in this post (though here’s another example), but I must note that I consider it one of the great privileges of my career to have worked with Peter and his wife Barbara several times over his final years. His book Capital Ideas traces, and puts human faces on, the evolution of financial theory, and in my opinion is indispensable background for anyone working in investment-related businesses.

The Big Short: Inside the Doomsday MachineThe Big Short: Inside the Doomsday Machine by Michael Lewis

A brilliantly entertaining story that illustrates the roots of the financial crisis in a way that is accessible to non-finance people, and infuriating to anyone with common sense and a notion of fairness. Lewis brings life to the characters and reduces complex financial concepts to their easily understood essence in a way that helps us understand the US housing bubble, and its subsequent collapse which sent shockwaves around the world. In 2011 I recommended The Big Short to my sister, a biologist in Dillon, Montana, and it apparently made quite a hit at her book club.

Money of the Mind: Borrowing and Lending in America from the Civil War to Michael MilkenMoney of the Mind: Borrowing and Lending in America from the Civil War to Michael Milken by Jim Grant

Credit makes the world go ‘round, and can just as easily make it stop, as we have learned all too recently. It’s a shame so many people in finance are ignorant of its fascinating history, which I think contains lessons of potential relevance today. If you are one of those people, Jim Grant’s Money of the Mind will go a long way towards curing you.

The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World OrderThe Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order by Benn Steil

A few years ago it didn’t seem important to understand the roots of the post-war global monetary system. We just took it for granted and went about our business. But we’re now in a financial age in which “dollar hegemony” is a debatable topic for financial TV, and the actions of the International Monetary Fund (IMF), whether we like it or not, are apparently essential to the survival of the European banking system.  In this context, maybe it’s a good idea to seek better understanding of how we have come to live under the monetary system we live with today. Benn Steil’s interesting history of the first Bretton Woods conference is a detailed account of the personalities and thinking that were its very foundation, and resulted in the creation of the World Bank, the IMF, and the dollar-based system that has persisted, in various forms, ever since.

The Behavior Gap: Simple Ways to Stop Doing Dumb Things with MoneyThe Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money by Carl Richards

Financial literacy is important but even the financially literate sometimes do nonsensical things with money, often because emotion clouds our judgment or gets in the way of smart financial decisions. The difference between what we should do and what we actually do is what Carl Richards, author of the New York Times “Sketch Guy” column, calls “the behavior gap.” If you know someone who struggles with decisions about money, you might recommend this approachable, entertaining, and extremely well-illustrated book about everyday financial decision making and personal investing. (Carl spoke about the behavior gap at the Wealth Management 2013 conference and will deliver the keynote address  at the 67th Annual Conference).

Modern Times: The World from the Twenties to the NinetiesModern Times: The World from the Twenties to the Nineties by Paul Johnson

In my final semester at the Stern School I took an economics lecture course from Dr. Robert Kavesh, a legendary professor who had been at NYU for decades, and who had deep wells of knowledge and opinion to convey to his students. I can’t recall its catalog name but the course was known among the students as “The World According to Dr. Bob” for it was a weekly wide ranging lecture on economics, geopolitics, and culture. Modern Times was the core reading for the course and reading it changed the way I think about the world. (It’s been recently revised and I believe holds up in the absence of accompanying lectures).

The Dilbert PrincipleThe Dilbert Principle by Scott Adams

The thing you may not realize as a young analyst or investor is how much of your work experience over the course of your career is likely to be organizational.  In The Dilbert Principle, cartoonist Scott Adams reminds us in hilarious fashion to use common sense within our own organizations, and to try to be part of the solution and not part of the problem.

Olivier de Clisson and Political Society in France under Charles V and Charles VIOlivier de Clisson and Political Society in France under Charles V and Charles VI by John Bell Henneman

I acknowledge bias in my final recommendation, as well as regret that I did not inherit the author’s remarkable ability to read and comprehend 120 pages an hour. In his 1996 biography of French noble Olivier de Clisson, my father continued his exploration of the political economy of 14th century France, one of his life’s passions. Its lessons for the modern reader might not be obviously apparent, but its depiction of the financial challenges facing the French nobility, in the wake of the Black Death and decades of war, helps illustrate the importance of political stability and well-functioning finance to civil society, both in 14th Century France and in our own time. It also shows us how bringing an army home from war, to a country without economic opportunity for returning soldiers, can be a recipe for disaster

推荐:全球95%考生都在用CFA资料>>【点我领取2017-2018CFA最完整资料】 (资料包含CFA必考点总结,提升备考效率,加分必备)


  • 美国《国家地理》旗下的 《DestinationofaLifetime》 评选出了全球十佳书店榜单! 如果你是只书虫 恭喜你 那本你想入手却一直找不到的书 也许就安静地躺在这的某个角落 如果你只是个文艺的过客 那不妨轻松享受下 这里世外桃源般的生活方式 比如走进圣托里尼

    CFA考试网 阅读(240) 2016-07-13 09:07
  • CFA 考友与我先讲了一个小故事。我刚来美国的时候,有一件事情,给我印象深刻,影响深远。加州大学伯克利分校的校长田长霖来纽约,在亚洲协会作了一个演讲,非常精彩。概括起来,他给中国留学生说了两句话,第一句话是,be an American。就是学做一个美国人

    CFA考试网 阅读(308) 2016-07-08 09:56
  • 1、《做踏踏实实的企业家:周其仁随访以色列七夕谈》 作者:贾林男 帮你转念的一本小书 2015年5月,正和岛商学院游学以色列,七天里,周其仁教授与30多位企业家学员没日没夜地切磋问诊、讨论交流,几乎涉及当下企业界面对的各种难题。本书的出版,将现场30多

    CFA考试网 阅读(277) 2016-01-18 13:35
  • 金融街遇上华尔街北京 CFA协会 推出《华尔街前沿译丛》系列书籍 为丰富目前国内金融类图书典藏资源,使广大读者了解和学习更多的西方前沿金融理论,促进东西方金融市场的碰撞、交流和融合,加速国内金融行业的完善和发展,同时也为广大CFA会员提供更多更好的

    CFA考试网 阅读(405) 2014-10-23 15:27
  • 1. CFA是什么? CFA全称 Chartered Financial Analyst (特许注册金融分析师),是全球投资业里最为严格与含金量最高的资质认证,被称为金融第一考的考试。 2.适合人群 学生,现在的学生面对比以前更大的竞争,在商学院就读的大三大四的学生,考研究生也许不是

    CFA考试网 阅读(416) 2014-08-11 19:28
  • CFA NEWSLETTER August 2015 / 新生季来袭: 1. 银行卡及电话卡办理 为了能够让新生们更好地适应美国生活, CFA将带大家进行银行卡及电话卡的办理, 地点就在校内地Student Center。预计有Verizon, ATT, Wells Fargo来。 ATT和Verizon将当场为大家办理手机业

    CFA考试网 阅读(228) 2014-08-11 19:13
  • 金融街遇上华尔街 北京 CFA 协会推出《华尔街前沿译丛》系列书籍 为丰富目前国内金融类图书典藏资源,使广大读者了解和学习更多的西方前沿金融理论,促进东西方金融市场的碰撞、交流和融合,加速国内金融行业的完善和发展,同时也为广大CFA会员提供更多更好

    CFA考试网 阅读(362) 2014-07-08 10:05
  • 唐朝 : 推荐一本好书又很久没有读到好书了,昨天终于遇到一本。 好到什么程度呢?这么说吧: 如果不是因为它比《手把手教你读财报》晚两个月出版,老唐会觉得《手把手教你读财报》第八章 欺诈与反欺诈 是摘自这本书; 如果不是因为这本书的作者拥有巨响亮的

    CFA考试网 阅读(870) 2014-06-24 19:08
  • Facebook的CEO Mark Zuckerberg有非常良好的阅读习惯,他每两周读一本书,并在个人的Facebook页面上分享他的阅读感言。他把他的reading list称为A Year of Books。现在ACP的小编就跟大家分享一下到现在为止他的书单。 The Muqaddimah: An introductio n to H

    CFA考试网 阅读(338) 2014-06-08 15:37
  • 总是想着,这些是将来一定要努力去做的,但是现在条件有限,肩负着养家糊口的重任,还是先老老实实该干嘛干嘛吧。

    CFA考试网 阅读(384) 2014-03-10 15:32
  • 我复习用的是Schweser CFA Level I Notes,一共6本,5本是笔记(Notes),

    CFA考试网 阅读(1595) 2018-02-06 10:01
  • (1)CFAs not that tough that they make you believe. CFA is very do-able. CFA不是你想的那么难;CFA向手里啐口吐沫就可以得到。 (2) CFA is 80% hard work and 20% intelligence. CFA靠80%的汗水和20%的智慧! (3) An average joe can clear the pr

    CFA考试网 阅读(533) 2014-03-02 14:34


CopyRight © 2003-2017 CFA.cn 中国CFA考试网