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Wit and Wisdom on Investing, Business, and Life

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Book Worm

BookWorm: Risk Savvy

June 15, 2018

From health risks to financial decisions, it’s often hard to make decisions because the statistics are usually presented to us by experts who misinterpret the data themselves. This remarkably intelligent book simplifies the world of probability, risk, and uncertainty. Plus, the book contains many simple (but powerful) rules to avoid the grave consequences of risk illiteracy.

Stories lie but numbers don’t, goes the adage. However, evolution has wired the human brain in such a way that our neural machinery isn’t optimized to have an intuitive feeling for numbers. As a result, numbers mislead us. Sometimes in shocking ways.
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BookWorm: The Drunkard’s Walk

May 15, 2018

All through our lives, we’re incessantly nudged in unexpected directions by random events. The Drunkard’s Walk is a deep exploration of the subjects of chance, uncertainty, luck, randomness, and probability. It offers useful mental models that will give you a totally new vantage point to look at many aspects of our everyday lives.

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BookWorm: Home Deus

April 15, 2018

Yuval Harari is arguably the most influential thinker and writer of this century. His books will make you think in ways you haven’t thought before. Harari brings remarkably original ideas gift wrapped in a captivating style of expression. In Sapiens, Harari showed us where we came from. In Homo Deus, he shows us where we’re going.

Yuval Harari’s first book, Sapiens, turned my world upside down. Technically, it was a book on human history but the insights were anything but ancient. It was jaw dropping from the first word to the last. Sapiens ranks among the five best books that I have read, ever!
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BookWorm: More Than You Know

March 15, 2018

In the value investing world, Michael Mauboussin is the foremost authority on business strategy and decision making. Anything he writes is worth reading twice. Although, the book we’re reviewing was written by him a decade ago but it has insights that are timeless for investors.

Michael Mauboussin has spent his life studying investment strategies and intricacies of human decision making. He’s a world known expert in one of the most debatable topics in the field of business strategy, i.e., role of luck in defining the success of an individual as well as an organization.

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BookWorm: Poke the Box

February 15, 2018

When was the last time you did something for the first time? It’s a powerful question because it would make most people very uncomfortable. Poke the Box could be the wake-up call that you’ve been waiting for till now to start something new.

In last two decades, Java has emerged as the most widely used programming language. Developers at Sun Microsystem created Java and it was later acquired by Oracle Corporation. Java 9, the latest version, has something called REPL feature. It stands for Read, Evaluate, Print, and Loop. REPL facilitates a quicker way to test few lines of code with minimal keystrokes.

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