Howard Marks

INSTANT NEW YORK TIMES BESTSELLER“One of the most important books I’ve ever read—an indispensable guide to thinking clearly about the world.” – Bill Gates“Hans Rosling tells the story of ‘the secret silent miracle of human progress’ as only he can. But Factfulness does much more than that. It also explains why progress is so often secret and silent...

Just as coincidence can be confused with causality, so the lucky idiot can be confused with the skilled investor. The realities of randomness and probability almost guarantee that, out of a large pool of random investors, a Warren Buffett will emerge just by luck. Taleb (the founder of Empirica L.L....

With the stock market breaking records almost daily, leaving longtime market analysts shaking their heads and revising their forecasts, a study of the concept of risk seems quite timely. Peter Bernstein has written a comprehensive history of man's efforts to understand risk and probability, beginning with early gamblers in ancient Greece, continuin...

The world-renowned economist offers "dourly irreverent analyses of financial debacle from the tulip craze of the seventeenth century to the recent plague of junk bonds."—The Atlantic....