Nonfiction

"It is one of the best narrative histories I've read." -The Wall Street Journal A New York Times Notable Book of 2025 • One of Barack Obama's Favorite Books of 2025 • Named a BEST BOOK OF 2025 by The Washington Post, TIME, The Economist, Air Mail, Bloomberg, Fast Company, Katie Couric Media, and History From the bestselling author of Too Big to Fail, "the definitive history of the 2008 banking crisis," (The Atlantic) comes a riveting narrative of the most infamous stock market crash in history-one with ripple effects that still shape our society today. In 1929, the world watched in shock as the unstoppable Wall Street bull market went into a freefall, wiping out fortunes and igniting a depression that would reshape a generation. But behind the flashing ticker tapes and panicked traders, another drama unfolded-one of visionaries and fraudsters, titans and dreamers, euphoria and ruin. With unparalleled access to historical records and newly uncovered documents, New York Times bestselling author Andrew Ross Sorkin takes readers inside the chaos of the crash, behind the scenes of a raging battle between Wall Street and Washington and the larger-than-life characters whose ambition and naïveté in an endless boom led to disaster. The dizzying highs and brutal lows of this era eerily mirror today's world-where markets soar, political tensions mount, and the fight over financial influence plays out once again. This is not just a story about money. 1929 is a tale of power, psychology, and the seductive illusion that this time is different. It's about disregarded alarm bells, financiers who fell from grace, and skeptics who saw the crash coming-only to be dismissed until it was too late. Hailed as a landmark book, Too Big to Fail reimagined how financial crises are told. Now, with 1929, Sorkin delivers an immersive, electrifying account of the most pivotal market collapse of all time-with lessons that remain as urgent as ever. More than just a history, 1929 is a crucial blueprint for understanding the cycles of speculation, the forces that drive financial upheaval, and the warning signs we ignore at our peril.

Super Agers is a detailed guide to a revolution transforming human longevity. This is a breakthrough moment in the history of human health care. The person making that bold claim is one of the most respected medical researchers in the world, Eric Topol. Dr. Topol's unprecedented, evidenced-based guide is about how you and your family and friends can benefit from new treatments coming available at a faster rate than ever. From his unique position as a leader overseeing millions in research funding, Dr. Topol also explains the fundamental reasons--from semaglutides to AI--that we can be confident these breakthroughs will continue. Ninety-five percent of Americans over sixty have at least one chronic disease and almost as many have two. That is the essential problem this revolution is solving. He explains the power of the new approaches to the worst chronic killers--diabetes/obesity, heart disease, cancer, and neurodegeneration--and how treatments can begin long before middle age, and even long after. In thirty years, we will have five times as many people at least one hundred years old and they will be healthier than ever because of the breakthroughs Dr. Topol describes. The amazing discoveries Topol brings into sharp focus are deeply inspiring about our human potential. We can now realistically see how we can make considerable headway for preventing age-related diseases and may one day be able to slow the body-wide aging process itself.

Expert real-world insight on the intricacies of quantitative trading before, during, and after the trade The Elements of Quantitative Investing is a comprehensive guide to quantitative investing, covering everything readers need to know from inception of a strategy, to execution, to post-trade analysis, with insight into all the quantitative methods used throughout the investment process. This book describes all the steps of quantitative modeling, including statistical properties of returns, factor model, portfolio management, and more. The inclusion of each topic is determined by real-world applicability. Divided into three parts, each corresponding to a phase of the investment process, this book focuses on well-known factor models, such as PCA, but with essential grounding in financial context. This book encourages the reader to think deeply about simple things. The author, Giuseppe Paleologo, has held senior quantitative research and risk management positions at three of the four biggest hedge fund platforms in the world, and at one of the top three proprietary trading firms. Currently, he serves as the Head of Quantitative Research at Balyasny Asset Management with $21 billion in assets under management. He has held teaching positions at Cornell University and New York University and holds a Ph.D. and two M.S. from Stanford University. This book answers questions that every quantitative investor has asked at some point in their career, including: How do I model multivariate returns? How do I test these models, either developed by me or by commercial vendors? How do I incorporate asset-specific data in my model? How do I convert risk appetite and expected returns into a portfolio? How do I account for transaction costs in portfolio management? The Elements of Quantitative Investing earns a well-deserved spot on the bookshelves of financial practitioners seeking expert insight from a leading financial executive on quantitative investment topics-knowledge which is usually accessible to few and transmitted by one-on-one apprenticeship.

This book was designed to reduce mistakes. Your mistakes with money. Tiny errors, epic fails and everything in between. You can do thousands of things right, but make just a few of the errors we discuss, and you destroy much of your portfolio. If you could learn how to avoid the unforced errors investors make all the time, you would make your life so much richer and less stressful. The counterintuitive truth is avoiding errors is much more important than scoring wins. How Not To Invest shows you a few simple tools and models that will help you avoid the most common mistakes people make with their money. Learn these, and you are ahead of 98% of your peers. Make fewer errors, end up with more money. We all make mistakes. The goal with this book is to help you make fewer of them, and to have the mistakes you do make be less expensive.

"Authoritative… a tale that sits at the heart of the most significant geopolitical relationship today." - Financial Times "There's probably no better account of China's rise to economic dominance as seen through the prism of a single company." - The Wall Street Journal ABOUT THE BOOK The untold story of the mysterious company that shook the world. On the coast of southern China, an eccentric entrepreneur spent three decades steadily building an obscure telecom company into one of the world's most powerful technological empires with hardly anyone noticing. This all changed in December 2018, when the detention of Meng Wanzhou, Huawei Technologies' female scion, sparked an international hostage standoff, poured fuel on the US-China trade war, and suddenly thrust the mysterious company into the global spotlight. In House of Huawei, Washington Post technology reporter Eva Dou pieces together a remarkable portrait of Huawei's reclusive founder, Ren Zhengfei, and how he built a sprawling corporate empire-one whose rise Western policymakers have become increasingly obsessed with halting. Based on wide-ranging interviews and painstaking archival research, House of Huawei dissects the global web of power, money, influence, surveillance, bloodshed, and national glory that Huawei helped to build-and that has also ensnared it.

'Doyne Farmer is the world's leading thinker on technological change. For decades he has focused on the question of how we can make sense of the data of today to see where the world is going tomorrow. This wonderful book applies these insights to economics, addressing the big global issues of environmental sustainability, and the well-being and prosperity of people around the world' Max Roser, Founder of Our World in Data We live in an age of increasing complexity, where accelerating technology and global interconnection hold more promise - and more peril - than any other time in human history. As well as financial crises, issues around climate change, automation, growing inequality and polarization are all rooted in the economy, yet standard economic predictions fail us. Many books have been written about Doyne Farmer and his pioneering work in chaos and complexity theory. Making Sense of Chaos is the first in his own words, presenting a manifesto for doing economics better. In a tale of science and ideas, Farmer fuses his profound knowledge with stories from his life to explain how to harness a scientific revolution to address the economic conundrums facing society. Using big data and ever more powerful computers, we can for the first time apply complex systems science to economic activity, building realistic models of the global economy. The resulting simulations and the emergent behaviour we observe form the cornerstone of complexity economics. This new science, Farmer shows, will allow us to test ideas and make significantly better economic predictions - and, ultimately, create a better world.

The INSTANT New York Times bestseller Instant Los Angeles Times bestseller Finalist, Dayton Literary Peace Prize One of NPR's Books We Love One of Newsweek Staffers' Favorite Books of the Year Shortlisted for the Baillie Gifford Prize "In Nuclear War: A Scenario, Annie Jacobsen gives us a vivid picture of what could happen if our nuclear guardians fail…Terrifying."-Wall Street Journal There is only one scenario other than an asteroid strike that could end the world as we know it in a matter of hours: nuclear war. And one of the triggers for that war would be a nuclear missile inbound toward the United States. Every generation, a journalist has looked deep into the heart of the nuclear military establishment: the technologies, the safeguards, the plans, and the risks. These investigations are vital to how we understand the world we really live in-where one nuclear missile will beget one in return, and where the choreography of the world's end requires massive decisions made on seconds' notice with information that is only as good as the intelligence we have. Pulitzer Prize finalist Annie Jacobsen's Nuclear War: A Scenario explores this ticking-clock scenario, based on dozens of exclusive new interviews with military and civilian experts who have built the weapons, have been privy to the response plans, and have been responsible for those decisions should they have needed to be made. Nuclear War: A Scenario examines the handful of minutes after a nuclear missile launch. It is essential reading, and unlike any other book in its depth and urgency.

"Tony Robbins returns with the final book in his financial freedom trilogy by unveiling the power of alternative investments. Robbins and renowned investor Christopher Zook takes you on a journey to interview a dozen of the world's most successful investors in private equity, private credit, private real estate, and venture capital. They share their favorite strategies and insights in this practical guidebook"--

No Worries shows how anyone can live a stress-free financial life and build wealth for the long term. This is not about millions of tiny decisions that drain the joy from life, like skipping daily coffee to save a few bucks. And it's not simply about having more money. The secret lies in adopting the right attitude to money and getting a small number of big things right. In his unique style, drawing on decades of expertise, finance expert Jared Dillian gives us the essential facts about personal finance that will help you see things as you never have before. Jared reveals: -how the right kind of abundance mindset works wonders -how to purge the urge to splurge (without making life a drag) -the most effective ways to use credit cards that no one tells you about -the smart ways to buy big-ticket items, from houses to cars -what's gone wrong with student loans and how to use them sensibly -how to ace investing with the set-and-forget Awesome Portfolio. No matter where you're at, Jared can help you get your finances in better shape than 99% of other people - so that you can get on with your life as your wealth builds. Do that and you'll have no financial stress, and no worries.

"For anyone wanting to find out more about the world we live in... there is one simple answer: read Noam Chomsky." -The New Statesman A sharp indictment of both American foreign policy and the national myths that support it, and an urgent warning of the threat that U.S. power poses to humanity's future The Myth of American Idealism offers a timely and comprehensive introduction to the incisive critiques of U.S. power that have made Noam Chomsky one of the most widely known public intellectuals of all time. Surveying the history of U.S. military and economic activity around the world, Chomsky and coauthor Nathan J. Robinson vividly trace the way the American pursuit of global domination has wrought havoc in country after country. Chomsky and Robinson offer penetrating accounts of Washington's relationship with the Global South, its role in the Israeli-Palestinian conflict, and the wars in Iraq and Afghanistan-all justified with noble stories about humanitarian missions and the benevolent intentions of American policymakers. The same myths that have led to repeated disastrous wars, they argue, are now imperiling humanity's future. Examining nuclear proliferation and climate change, they show how U.S. policies are continuing to exacerbate global threats. For well over half a century, Noam Chomsky has committed himself to exposing governing ideologies and criticizing his country's unchecked power. At once thorough and devastating, urgent and provocative, The Myth of American Idealism offers a highly readable entry to a lifetime of thought and activism.

'Extraordinary' The Observer 'A stupefyingly pleasurable book to read' New Yorker 'Lewis's storytelling is as good as ever' The Economist From the #1 bestselling author of The Big Short and Flash Boys, the high-octane story of the enigmatic figure at the heart of one of the 21st century's most spectacular financial collapses 'I asked him how much it would take for him to sell FTX and go do something other than make money. He thought the question over. "One hundred and fifty billion dollars," he finally said-though he added that he had use for "infinity dollars"...' Sam Bankman-Fried wasn't just rich. Before he turned thirty he'd become the world's youngest billionaire, making a record fortune in the crypto frenzy. CEOs, celebrities and world leaders vied for his time. At one point he considered paying off the entire national debt of the Bahamas so he could take his business there. Then it all fell apart. Who was this Gatsby of the crypto world, a rumpled guy in cargo shorts, whose eyes twitched across TV interviews as he played video games on the side, who even his million-dollar investors still found a mystery? What gave him such an extraordinary ability to make money - and how did his empire collapse so spectacularly? Michael Lewis was there when it happened, having got to know Bankman-Fried during his epic rise. In Going Infinite he tells us a story like no other, taking us through the mind-bending trajectory of a character who never liked the rules and was allowed to live by his own. Both psychological portrait of a preternaturally gifted 'thinking machine', and wild financial roller-coaster ride, this is a twenty-first-century epic of high-frequency trading and even higher stakes, of crypto mania and insane amounts of money, of hubris and downfall. No one could tell it better.

This is not a book about business strategy. Strategy changes like the seasons. This is a book about something much more permanent. At the very heart of all the success and failure I've been exposed to - both my own entrepreneurial journey and through the thousands of interviews I've conducted on my podcast - are a set of principles that can stand the test of time, apply to any industry, and be used by anyone who is search of building something great or becoming someone great. These are the fundamental laws that will ensure excellence. They are rooted in psychology and behavioral science, are based on the wisdom of tens of thousands of people I've surveyed across every continent and age group, and of course, drawn from the conversations I've had on my chart-topping podcast with the world's most successful people. These laws will work now or in 100 years from now. Are you ready to get started? https://www.justfckingdoit.com/

'One of the most important books you'll ever read' -Steven D. Levitt, bestselling author of Freakonomics 'Jam packed with things you will wish you had known before. I devoured the audiobook and instantly bought a hard copy to keep on my desk' -Dr Julie Smith, bestselling author of Why Has Nobody Told Me This Before This is the ultimate manual for living better and longer. For all its successes, mainstream medicine has failed to make much progress against the diseases of ageing that kill most people: heart disease, cancer, Alzheimer's disease and type 2 diabetes. Too often, it intervenes with treatments too late, prolonging lifespan at the expense of quality of life. Dr Peter Attia, the world's top longevity expert who is featured on Chris Hemsworth's National Geographic documentary LIMITLESS, believes we must replace this outdated framework with a personalised, proactive strategy for longevity. This isn't 'biohacking,' it's science: a well-founded strategic approach to extending lifespan while improving our physical, cognitive and emotional health, making each decade better than the one before. With chapters on nutrition, sleep, fitness and exercise, Outlive's practical advice and roadmap can help you to plot a different path for your life, one that lets you outlive your genes to make each decade better than the one before.

"Written by a veteran Wall Street Journal reporter, this is a fascinating deep dive into the world of billion-dollar traders and high-stakes crisis predictors who strive to turn extreme events into financial windfalls. There's no doubt that our world has gotten more extreme. Pandemics, climate change, superpower rivalries, cyberattacks, political radicalization--virtually, everywhere we look there is mayhem bearing down on us, putting trillions of assets at risk." --

Andy Borowitz, "one of the funniest people in America" (CBS Sunday Morning), brilliantly "chronicles our embrace of anti-intellectualism" (Walter Isaacson) in American politics, from Ronald Reagan to Dan Quayle, from George W. Bush to Sarah Palin, to its apotheosis in Donald J. Trump. Andy Borowitz has been called a "Swiftian satirist" (The Wall Street Journal) and "one of the country's finest satirists" (The New York Times). Millions of fans and New Yorker readers enjoy his satirical news column "The Borowitz Report." Now, in Profiles in Ignorance, he delivers "a wittily alarming polemic that tracks the evolution of American politics from grounds for gravitas to festival of idiocy" (The New York Times). Borowitz argues that over the past fifty years, American politicians have grown increasingly allergic to knowledge, and mass media have encouraged the election of ignoramuses by elevating candidates who are better at performing than thinking. Starting with Ronald Reagan's first campaign for governor of California in 1966 and culminating with the election of Donald J. Trump to the White House, Borowitz shows how, during the age of twenty-four-hour news and social media, the US has elected politicians to positions of great power whose lack of the most basic information is terrifying. In addition to Reagan, Quayle, Bush, Palin, and Trump, Borowitz covers a host of congresspersons, senators, and governors who have helped lower the bar over the past five decades. Profiles in Ignorance aims to make us both laugh and cry: laugh at the idiotic antics of these public figures, and cry at the cataclysms these icons of ignorance have caused. But most importantly, the book delivers a call to action and a cause for optimism: History doesn't move in a straight line, and we can change course if we act now.

Named a Best Book of the Year by New York Post! From one of our most innovative and celebrated authors, the definitive take on the wildest story of the year-- the David-vs.-Goliath GameStop short squeeze, a tale of fortunes won and lost overnight that may end up changing Wall Street forever. Bestselling author Ben Mezrich offers a gripping, beat-by-beat account of how a loosely affiliate group of private investors and internet trolls on a subreddit called WallStreetBets took down one of the biggest hedge funds on Wall Street, firing the first shot in a revolution that threatens to upend the establishment. It's the story of financial titans like Gabe Plotkin of hedge fund Melvin Capital, one of the most respected and staid funds on the Street, billionaires like Elon Musk, Steve Cohen, Mark Cuban, Robinhood co-CEOs Vlad Tenev and Baiju Bhatt, and Ken Griffin of Citadel Securities. Over the course of four incredible days, each in their own way must reckon with a formidable force they barely understand, let alone saw coming: everyday men and women on WallStreetBets like nurse Kim Campbell, college student Jeremy Poe, and the enigmatic Keith "RoaringKitty" Gill, whose unfiltered livestream videos captivated a new generation of stock market enthusiasts. The unlikely focus of the battle: GameStop, a flailing brick-and-mortar dinosaur catering to teenagers and outsiders that had somehow held on as the world rapidly moved online. At first, WallStreetBets was a joke--a meme-filled, freewheeling place to share shoot-the-moon investment tips, laugh about big losses, and post diamond hand emojis. Until some members noticed an opportunity in GameStop--and rode a rocket ship to tens of millions of dollars in earnings overnight. In thrilling, pulse-pounding prose, THE ANTISOCIAL NETWORK offers a fascinating, never-before-seen glimpse at the outsize personalities, dizzying swings, corporate drama, and underestimated American heroes and heroines who captivated the nation during one of the most volatile weeks in financial history. It's the amazing story of what just happened--and where we go from here.

Menopause doesn't have to be the end of you kicking ass. The renowned author of Roar presents a comprehensive and customizable physiology-based guide to peak performance for active women approaching or experiencing menopause. For active women, menopause hits hard. Overnight, your body doesn't feel like the one you know and love anymore-you're battling new symptoms, might be gaining weight, losing endurance and strength, or taking longer to bounce back from workouts that used to be easy. The things that have always kept you fit and healthy just seem to stop working the way they used to. But menopause doesn't have to be the end of you excelling at the gym, on the trail, or wherever you work out. Once you understand your physiology, you can work with it-not against it-to optimize your performance. In Next Level, renowned exercise and nutrition scientist Dr. Stacy Sims shares case studies from women she has coached through this transition and teaches you: • the underlying causes of menopause • how to minimize the hormonal fluctuations that cause bloating, fatigue, night sweats, and other common symptoms of perimenopause and menopause • when you should seek medical intervention for your menopausal symptoms-and how to confidently communicate with your doctor to ensure you're getting the best care • different modalities, from hormone therapy and nonhormone supplements to pelvic floor therapy and strength training, to help maximize your fitness and performance • exercise routines and fueling strategies, including meal plans and macronutrient planning charts, that you can customize to best suit your unique needs during menopause • and much more! A comprehensive, science-backed framework for your menopause action plan, this is the ultimate guide for navigating the Next Level.

New York Times Bestseller Renowned political scientist Ian Bremmer draws lessons from global challenges of the past 100 years-including the pandemic-to show how we can respond to three great crises unfolding over the next decade. In this revelatory, unnerving, and ultimately hopeful book, Bremmer details how domestic and international conflicts leave us unprepared for a trio of looming crises-global health emergencies, transformative climate change, and the AI revolution. Today, Americans cannot reach consensus on any significant political issue, and US and Chinese leaders behave as if they're locked in a new Cold War. We are squandering opportunities to meet the challenges that will soon confront us all. In coming years, humanity will face viruses deadlier and more infectious than Covid. Intensifying climate change will put tens of millions of refugees in flight and require us to reimagine how we live our daily lives. Most dangerous of all, new technologies will reshape the geopolitical order, disrupting our livelihoods and destabilizing our societies faster than we can grasp and address their implications. The good news? Some farsighted political leaders, business decision-makers, and individual citizens are already collaborating to tackle all these crises. The question that should keep us awake is whether they will work well and quickly enough to limit the fallout-and, most importantly, whether we can use these crises to innovate our way toward a better world. Drawing on strategies both time-honored and cutting-edge, from the Marshall Plan to the Green New Deal, The Power of Crisis provides a roadmap for surviving-even thriving in-the 21st century. Bremmer shows governments, corporations, and every concerned citizen how we can use these coming crises to create the worldwide prosperity and opportunity that 20th-century globalism promised but failed to deliver.

What if there were scientific solutions that could wipe out your deepest fears of falling ill, receiving a life-threatening diagnosis, or feeling the effects of aging? What if you had access to the same cutting-edge tools and technology used by peak performers and the world's greatest athletes? In a world full of fear and uncertainty about our health, it can be difficult to know where to turn for actionable advice you can trust. Today, leading scientists and doctors in the field of regenerative medicine are developing diagnostic tools and safe and effective therapies that can free you from fear. In this book, Tony Robbins, the world's #1 life and business strategist who has coached more than fifty million people, brings you more than 100 of the world's top medical minds and the latest research, inspiring comeback stories, and amazing advancements in precision medicine that you can apply today to help extend the length and quality of your life. This book is the result of Robbins going on his own life-changing journey. After being told that his health challenges were irreversible, he experienced firsthand how new regenerative technology not only helped him heal but made him stronger than ever before. Life Force will show you how you can wake up every day with increased energy, a more bulletproof immune system, and the know-how to help turn back your biological clock. This is a book for everyone, from peak performance athletes, to the average person who wants to increase their energy and strength, to those looking for healing. Life Force provides answers that can transform and even save your life, or that of someone you love.

Featuring an introduction by Rachel Maddow, Pegasus: How a Spy in Our Pocket Threatens the End of Privacy, Dignity, and Democracy is the behind-the-scenes story of one of the most sophisticated and invasive surveillance weapons ever created, used by governments around the world. Pegasus is widely regarded as the most effective and sought-after cyber-surveillance system on the market. The system's creator, the NSO Group, a private corporation headquartered in Israel, is not shy about proclaiming its ability to thwart terrorists and criminals. "Thousands of people in Europe owe their lives to hundreds of our company employees," NSO's cofounder declared in 2019. This bold assertion may be true, at least in part, but it's by no means the whole story. NSO's Pegasus system has not been limited to catching bad guys. It's also been used to spy on hundreds, and maybe thousands, of innocent people around the world: heads of state, diplomats, human rights defenders, political opponents, and journalists. This spyware is as insidious as it is invasive, capable of infecting a private cell phone without alerting the owner, and of doing its work in the background, in silence, virtually undetectable. Pegasus can track a person's daily movement in real time, gain control of the device's microphones and cameras at will, and capture all videos, photos, emails, texts, and passwords-encrypted or not. This data can be exfiltrated, stored on outside servers, and then leveraged to blackmail, intimidate, and silence the victims. Its full reach is not yet known. "If they've found a way to hack one iPhone," says Edward Snowden, "they've found a way to hack all iPhones." Pegasus is a look inside the monthslong worldwide investigation, triggered by a single spectacular leak of data, and a look at how an international consortium of reporters and editors revealed that cyber intrusion and cyber surveillance are happening with exponentially increasing frequency across the globe, at a scale that astounds. Meticulously reported and masterfully written, Pegasus shines a light on the lives that have been turned upside down by this unprecedented threat and exposes the chilling new ways authoritarian regimes are eroding key pillars of democracy: privacy, freedom of the press, and freedom of speech.

'Pacey and potentially revolutionary' Sunday Times 'Iconoclastic and irreverent... an exhilarating read' The Guardian For generations, our remote ancestors have been cast as primitive and childlike - either free and equal, or thuggish and warlike. Civilization, we are told, could be achieved only by sacrificing those original freedoms or, alternatively, by taming our baser instincts. David Graeber and David Wengrow show how such theories first emerged in the eighteenth century as a reaction to indigenous critiques of European society, and why they are wrong. In doing so, they overturn our view of human history, including the origins of farming, property, cities, democracy, slavery and civilization itself. Drawing on path-breaking research in archaeology and anthropology, the authors show how history becomes a far more interesting place once we begin to see what's really there. If humans did not spend 95 per cent of their evolutionary past in tiny bands of hunter-gatherers, what were they doing all that time? If agriculture, and cities, did not mean a plunge into hierarchy and domination, then what kinds of social and economic organization did they lead to? The answers are often unexpected, and suggest that the course of history may be less set in stone, and more full of playful possibilities than we tend to assume. The Dawn of Everything fundamentally transforms our understanding of the human past and offers a path toward imagining new forms of freedom, new ways of organizing society. This is a monumental book of formidable intellectual range, animated by curiosity, moral vision and faith in the power of direct action. 'This is not a book. This is an intellectual feast' Nassim Nicholas Taleb 'The most profound and exciting book I've read in thirty years' Robin D. G. Kelley

You have great investment ideas. If you turn them into highly profitable portfolios, this book is for you. Advanced Portfolio Management: A Quant's Guide for Fundamental Investors is for fundamental equity analysts and portfolio managers, present, and future. Whatever stage you are at in your career, you have valuable investment ideas but always need knowledge to turn them into money. This book will introduce you to a framework for portfolio construction and risk management that is grounded in sound theory and tested by successful fundamental portfolio managers. The emphasis is on theory relevant to fundamental portfolio managers that works in practice, enabling you to convert ideas into a strategy portfolio that is both profitable and resilient. Intuition always comes first, and this book helps to lay out simple but effective "rules of thumb" that require little effort to implement and understand. At the same time, the book shows how to implement sophisticated techniques in order to meet the challenges a successful investor faces as his or her strategy grows in size and complexity. Advanced Portfolio Management also contains more advanced material and a quantitative appendix, which benefit quantitative researchers who are members of fundamental teams. You will learn how to: Separate stock-specific return drivers from the investment environment's return drivers Understand current investment themes Size your cash positions based on Your investment ideas Understand your performance Measure and decompose risk Hedge the risk you don't want Use diversification to your advantage Manage losses and control tail risk Set your leverage Author Giuseppe A. Paleologo has consulted, collaborated, taught, and drank strong wine with some of the best stock-pickers in the world; he has traded tens of billions of dollars hedging and optimizing their books and has helped them navigate through big drawdowns and even bigger recoveries. Whether or not you have access to risk models or advanced mathematical background, you will benefit from the techniques and the insights contained in the book-and won't find them covered anywhere else.

'A brilliant manifesto explaining why women are still so underestimated and overlooked in today's world, but how we can also be hopeful for change' - Philippa Perry 'An impassioned, meticulously argued and optimistic call to arms for anyone who cares about creating a fairer society' - Observer Imagine living in a world in which you were routinely patronised by women. Imagine having your views ignored or your expertise frequently challenged by them. Imagine people always addressing the woman you are with before you. Now imagine a world in which the reverse of this is true. The Authority Gap provides a startling perspective on the unseen bias at work in our everyday lives, to reveal the scale of the gap that still persists between men and women. Would you believe that US Supreme Court Justices are interrupted four times more often than male ones... 96% of the time by men? Or that British parents, when asked to estimate their child's IQ will place their son at 115 and their daughter at 107? Marshalling a wealth of data with precision and insight, and including interviews with pioneering women such as Baroness Hale, Mary Beard and Bernadine Evaristo, Mary Ann exposes unconscious bias in this fresh feminist take on how to address and counteract systemic sexism in ways that benefit us all. Includes interviews with pioneering women such as: Baroness Hale Mary Beard Bernadine Evaristo Mary McAleese Julia Gillard Dolly Alderton and Pandora Sykes Cherie Blair Liz Truss Amber Rudd Frances Morris Laura Bates 'Hugely exciting' - Emily Maitlis 'Deeply researched, profoundly thoughtful and a book very much for the here and now: Mary Ann Sieghart's The Authority Gap is the book she was probably born to write' - Andrew Marr 'At last here is a credible roadmap that is capable of taking women from the margins to the centre by bridging the authority gap that holds back even the best and most talented of women. - Mary McAleese, Former President of Ireland

Dive into this "truly compelling" (Good Morning America) New York Times bestseller that explores how technology and best intentions collide in the heat of war-from the creator and host of the podcast Revisionist History. In The Bomber Mafia, Malcolm Gladwell weaves together the stories of a Dutch genius and his homemade computer, a band of brothers in central Alabama, a British psychopath, and pyromaniacal chemists at Harvard to examine one of the greatest moral challenges in modern American history. Most military thinkers in the years leading up to World War II saw the airplane as an afterthought. But a small band of idealistic strategists, the "Bomber Mafia," asked: What if precision bombing could cripple the enemy and make war far less lethal? In contrast, the bombing of Tokyo on the deadliest night of the war was the brainchild of General Curtis LeMay, whose brutal pragmatism and scorched-earth tactics in Japan cost thousands of civilian lives, but may have spared even more by averting a planned US invasion. In The Bomber Mafia, Gladwell asks, "Was it worth it?" Things might have gone differently had LeMay's predecessor, General Haywood Hansell, remained in charge. Hansell believed in precision bombing, but when he and Curtis LeMay squared off for a leadership handover in the jungles of Guam, LeMay emerged victorious, leading to the darkest night of World War II. The Bomber Mafia is a riveting tale of persistence, innovation, and the incalculable wages of war.

A rare, intimate portrait of Hollywood's reigning 'blockbuster auteur' whose deeply personal billion-dollar movies have established him as the most successful director to come out of the British Isles since Alfred Hitchcock. 'A masterclass... brilliant. Immersive, detailed, meticulous, privileged inside-dope.' - Craig Raine More than just the tinkerings of a glass watchmaker, Christopher Nolan's films have an unerring grasp of the way time makes us feel. Time steals people away in his films, and he takes careful note of the theft. Time is Nolan's great antagonist, his lifelong nemesis. He seems almost to take it personally. Written with the full cooperation of Nolan himself, who granted Tom Shone access to never-before-seen photographs, storyboards and sketches, the book is a deep-dive into the director's films, influences, methods and obsessions. Here for the first time is Nolan on his dislocated, transatlantic childhood, how he dreamed up the plot of Inception lying awake one night in his dorm at school, his colour-blindness and its effect on Memento, his obsession with puzzles and optical illusions - and much, much more. Written by one of our most penetrating critics, The Nolan Variations is a landmark study of one of the twenty-first century's most dazzling cinematic artists. 'Christopher Nolan is a wonderfully unlikely contemporary filmmaker. We're fortunate indeed to have him, and fortunate now to have this book.' - William Gibson

Jikoni means 'kitchen' in Kiswahili, a word that perfectly captures Ravinder Bhogal's approach to food. Ravinder was born in Kenya to Indian parents; when she moved to London as a child, the cooking of her new home collided with a heritage that crossed continents. What materialised was a playful approach to the world's larder, and Ravinder's recipes do indeed have a rebellious soul. They are lawless concoctions that draw their influences from one tradition and then another - Cauliflower Popcorn with Black Vinegar Dipping Sauce; Spicy Aubergine Salad with Peanuts, Herbs and Jaggery Fox Nuts; Skate with Lime Pickle Brown Butter; Tempura Samphire and Nori; Lamb and Aubergine Fatteh; or utterly irresistible Banana Cake accompanied by Miso Butterscotch and Ovaltine Kulfi. These proudly inauthentic recipes are what you might loosely call 'immigrant cuisine', with evocative stories from a past that illustrates the powerful relationship between food, people, place and identity. The tastes and smells of this brazen new world are sophisticated, welcoming, fresh, exciting and bold.

"Tramuta sweeps away the tired clichés of the Parisian woman with her vivid profiles of the dynamic and creative 'femmes' now powering the French capital." -Eleanor Beardsley, NPR Paris correspondent The New Parisienne focuses on one of the city's most prominent features, its women. Lifting the veil on the mythologized Parisian woman-white, lithe, ever fashionable-Lindsey Tramuta demystifies this oversimplified archetype and recasts the women of Paris as they truly are, in all their complexity. Featuring 50 activists, creators, educators, visionaries, and disruptors-like Leïla Slimani, Lauren Bastide, and Mayor Anne Hidalgo-the book reveals Paris as a blossoming cultural center of feminine power. Both the featured women and Tramuta herself offer up favorite destinations and women-owned businesses, including beloved shops, artistic venues, bistros, and more. The New Parisienne showcases "Parisianness" in all its multiplicity, highlighting those who are bucking tradition, making names for themselves, and transforming the city. "With stunning photographs and inspiring profiles, Lindsey Tramuta tramples the myths and takes us into the lives of real Parisiennes. Bravo!"-Pamela Druckerman, New York Times-bestselling author of Bringing Up Bébé "Like the subjects of her book, Lindsey Tramuta is a force. The New Parisienne is the go-to chronicle of the joyful, progressive, pioneering women of a city that Tramuta understands with deep intelligence." -Lauren Collins, New York Times-bestselling author of When in French "Tramuta's new book posits that Parisian women have been ahead of these radically changing times. But rather than being trendsetters in the stylish sense, they qualify as visionaries and agents of change across spheres of diversity, tech, culture, politics, and more." - Vogue

'This unflinching debut combines the espionage novels of John le Carre with the racial complexity of Ralph Ellison's Invisible Man'Publishers Weekly'With unforgettable characters, it's a stunning book, timely as it is timeless' Paul Beatty, Winner of the 2016 Man Booker Prize'Like all great novels, this one teaches us most about ourselves and our values' Sara Novic, author of Girl at War "My most important secret--and this is how I met my sons' father--is that I was once a spy."It's 1986, the heart of the Cold War, and Marie Mitchell is an intelligence officer with the FBI. She's brilliant and talented, but she's also a black woman working in an all-white boys' club, and her career has stalled with routine paperwork--until she's recruited to a shadowy task force aimed at undermining Thomas Sankara, the charismatic, revolutionary president of Burkina Faso, whose Communist ideology has made him a target for American intervention.In the year that follows, Marie will observe Thomas, seduce him, and ultimately, have a hand in the coup that will bring him down. But doing so will change everything she believes about what it means to be a spy, a lover, and a good American.Inspired by true events--Thomas Sankara is known as "Africa's Che Guevara," but his story is not widely known in the United States--this novel is sweeping historical fiction with an enthralling espionage thriller at its core, and introduces a powerful new literary voice.

'A tale of obsession... vivid and arresting' The Times One summer evening in 2009, twenty-year-old musical prodigy Edwin Rist broke into the Natural History Museum at Tring, home to one of the largest ornithological collections in the world. Once inside, Rist grabbed as many rare bird specimens as he was able to carry before escaping into the darkness. Kirk Wallace Johnson was waist-deep in a river in New Mexico when his fly-fishing guide first told him about the heist. But what would possess a person to steal dead birds? And had Rist paid for his crime? In search of answers, Johnson embarked upon a worldwide investigation, leading him into the fiercely secretive underground community obsessed with the Victorian art of salmon fly-tying. Was Edwin Rist a genius or narcissist? Mastermind or pawn?

"[Tramuta] draws back the curtain on the city's hipper, more happening side-as obsessed with coffee, creativity, and brunch as Brooklyn or Berlin." - My Little Paris The city long-adored for its medieval beauty, old-timey brasseries, and corner cafés has even more to offer today. In the last few years, a flood of new ideas and creative locals has infused a once-static, traditional city with a new open-minded sensibility and energy. Journalist Lindsey Tramuta offers detailed insight into the rapidly evolving worlds of food, wine, pastry, coffee, beer, fashion, and design in the delightful city of Paris. Tramuta puts the spotlight on the new trends and people that are making France's capital a more whimsical, creative, vibrant, and curious place to explore than its classical reputation might suggest. With hundreds of striking photographs that capture this fresh, animated spirit-and a curated directory of Tramuta's favorite places to eat, drink, stay, and shop- The New Paris shows us the storied City of Light as never before. "The author's vibrant and precise command of English frames this lively collection of insights about cultural change and stories regarding multiple chefs and merchants." - Forbes "As the culinary scene in Paris evolves, a new palate of flavors and styles of eating have emerged, redefining what is 'French cuisine.' The New Paris documents these changes through the lens of bakers, coffee roasters, ice cream makers, chefs, and even food truck owners. A thoughtful, and delicious, look at how Paris continues to delight and excite the palates of visitors and locals." -David Lebovitz, author of My Paris Kitchen

The international bestseller 'A manual for thinking clearly in an uncertain world. Read it.' Daniel Kahneman, author of Thinking, Fast and Slow What if we could improve our ability to predict the future? Everything we do involves forecasts about how the future will unfold. Whether buying a new house or changing job, designing a new product or getting married, our decisions are governed by implicit predictions of how things are likely to turn out. The problem is, we're not very good at it. In a landmark, twenty-year study, Wharton professor Philip Tetlock showed that the average expert was only slightly better at predicting the future than a layperson using random guesswork. Tetlock's latest project - an unprecedented, government-funded forecasting tournament involving over a million individual predictions - has since shown that there are, however, some people with real, demonstrable foresight. These are ordinary people, from former ballroom dancers to retired computer programmers, who have an extraordinary ability to predict the future with a degree of accuracy 60% greater than average. They are superforecasters. In Superforecasting, Tetlock and his co-author Dan Gardner offer a fascinating insight into what we can learn from this elite group. They show the methods used by these superforecasters which enable them to outperform even professional intelligence analysts with access to classified data. And they offer practical advice on how we can all use these methods for our own benefit - whether in business, in international affairs, or in everyday life. 'The techniques and habits of mind set out in this book are a gift to anyone who has to think about what the future might bring. In other words, to everyone.' Economist 'A terrific piece of work that deserves to be widely read... Highly recommended.' Independent 'The best thing I have read on predictions... Superforecasting is an indispensable guide to this indispensable activity.' The Times

No limit hold 'em is exploding in popularity. Before 2000, it could be difficult to find a game. In 2006, it is played everywhere - in casino cardrooms, in backrooms and homes, and on the Internet. Now anyone can find a game, but few know how to play well. Most players learn by watching television or by listening to dubious advice from their friends. While they may have picked up a valuable tidbit here or there, most players have two options: wise up or go broke. The world's foremost poker theorist, David Sklansky, and noted poker authority, Ed Miller, will wise you up quickly. No Limit Hold 'em: Theory and Practice is the definitive work on this complex game. It provides you a window into the heads of experts, teaching you in straightforward and enjoyable terms the how's and why's of winning play. Book jacket.

Nassim Nicholas Taleb examines the outsized role that rare, unpredictable events-which he calls "Black Swans"-play in shaping history, society, and individual lives. He argues that humans are wired to overlook these outliers, instead constructing tidy explanations after the fact while remaining blind to future disruptions.

"[Taleb is] Wall Street's principal dissident.... [Fooled By Randomness] is to conventional Wall Street wisdom approximately what Martin Luther's ninety-nine theses were to the Catholic Church."--Malcolm Gladwell, The New Yorker Finally in paperback, the word-of-mouth sensation that will change the way you think about the markets and the world. This book is about luck: more precisely how we perceive luck in our personal and professional experiences. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill--the world of business--Fooled by Randomness is an irreverent, iconoclastic, eye-opening, and endlessly entertaining exploration of one of the least understood forces in all of our lives. - From the Trade Paperback edition.

In the vineyards, wine caves, and cellars of France as war and occupation came to the country winemakers acted heroically not only to save the best wines but to defend their way of life. These are the true stories of vignerons who sheltered Jewish refugees in their cellars and of winemakers who risked their lives to aid the resistance. They made chemicals in secret laboratories to fuel the resistance and fled from the Gestapo when arrests became imminent. There were treacheries too, as some of the nation's winemakers supported the Vichy regime or the Germans themselves and collaborated. Donald Kladstrup is a retired American network correspondent. He and his wife Petie have accumulated these fascinating stories, told with the pace and action that will fascinate fiction and non-fiction readers alike.

'Hugely enjoyable... it reads like a novel, a fantasy tale of rags and riches that happens to be true.' - Sunday Times 'A fascinating journey into the Wild West of American capitalism.' - Daily Telegraph As the millennium drew to a close, Michael Lewis set out to find the world's most influential technology entrepreneur - the person who would most embody the spirit of the coming age. His search led him to Jim Clark, the billionaire who founded Netscape and Silicon Graphics. In The New New Thing, Lewis accompanies Clark on the maiden voyage of his superyacht and, on the sometimes hazardous journey, takes the reader on the ride of a lifetime through a landscape of geeks and billionaires. This is the lively and hilarious inside story of Silicon Valley's super-rich and the history of the internet revolution.

In 1996 physicist Alan Sokal published an essay in Social Text--an influential academic journal of cultural studies--touting the deep similarities between quantum gravitational theory and postmodern philosophy. Soon thereafter, the essay was revealed as a brilliant parody, a catalog of nonsense written in the cutting-edge but impenetrable lingo of postmodern theorists. The event sparked a furious debate in academic circles and made the headlines of newspapers in the U.S. and abroad. In Fashionable Nonsense: Postmodern Intellectuals' Abuse of Science, Sokal and his fellow physicist Jean Bricmont expand from where the hoax left off. In a delightfully witty and clear voice, the two thoughtfully and thoroughly dismantle the pseudo-scientific writings of some of the most fashionable French and American intellectuals. More generally, they challenge the widespread notion that scientific theories are mere "narrations" or social constructions.

In The Four Agreements, bestselling author don Miguel Ruiz reveals the source of self-limiting beliefs that rob us of joy and create needless suffering. Based on ancient Toltec wisdom, The Four Agreements offer a powerful code of conduct that can rapidly transform our lives to a new experience of freedom, true happiness, and love. • A New York Times bestseller for over a decade • Translated into 50 languages worldwide "This book by don Miguel Ruiz, simple yet so powerful, has made a tremendous difference in how I think and act in every encounter." - Oprah Winfrey "Don Miguel Ruiz's book is a roadmap to enlightenment and freedom." - Deepak Chopra, Author, The Seven Spiritual Laws of Success "An inspiring book with many great lessons." - Wayne Dyer, Author, Real Magic "In the tradition of Castaneda, Ruiz distills essential Toltec wisdom, expressing with clarity and impeccability what it means for men and women to live as peaceful warriors in the modern world." - Dan Millman, Author, Way of the Peaceful Warrior

"The authors look back five hundred years and uncover a distinct pattern: Modern history moves in cycles, each one lasting about the length of a human life, each composed of four eras - or "turnings" - that last about twenty years and that always arrive in the same order. First comes a High, a period of confident expansion as a new order takes root after the old has been swept away. Next comes an Awakening, a time of spiritual exploration and rebellion against the now-established order. Then comes an Unravelling, an increasingly troubled era in which individualism triumphs over crumbling institutions. Last comes a Crisis - the Fourth Turning - when society passes through a great and perilous gate in history. Together, the four turnings comprise history's seasonal rhythm of growth, maturation, entropy, and rebirth." "By applying the lessons of history, The Fourth Turning makes some bold and hopeful predictions about America's next rendezvous with destiny. It also shows us how we can prepare for what's ahead, both individually and as a nation."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

"[A] passionate, compelling, and disturbing argument that the ills of democracy in the United States today arise from the default of its elites." -John Gray, New York Times Book Review (front-page review) In a front-page review in the Washington Post Book World, John Judis wrote: "Political analysts have been poring over exit polls and precinct-level votes to gauge the meaning of last November's election, but they would probably better employ their time reading the late Christopher Lasch's book." And in the National Review, Robert Bork says The Revolt of the Elites "ranges provocatively [and] insightfully." Controversy has raged around Lasch's targeted attack on the elites, their loss of moral values, and their abandonment of the middle class and poor, for he sets up the media and educational institutions as a large source of the problem. In this spirited work, Lasch calls out for a return to community, schools that teach history not self-esteem, and a return to morality and even the teachings of religion. He does this in a nonpartisan manner, looking to the lessons of American history, and castigating those in power for the ever-widening gap between the economic classes, which has created a crisis in American society. The Revolt of the Elites and the Betrayal of Democracy is riveting social commentary.

Strauss and Howe present American history as a succession of generational biographies, tracing a recurring cycle from 1584 through the present and into 2069. The book argues that generations follow predictable patterns, offering a framework for understanding America's past and forecasting its future.

'Excellent... One is left with utter disbelief that people could return to normality from such a monetary madhouse.' Financial Times In 1923, with its currency effectively worthless (the exchange rate in December of that year was one dollar to 4,200,000,000,000 marks), the Weimar Republic was all but reduced to a barter economy. Expensive cigars, artworks and jewels were routinely exchanged for staples such as bread; a cinema ticket could be bought for a lump of coal, and a bottle of paraffin for a silk shirt. In desperation, the Bavarian Prime Minister submitted a Bill to the Reichsrat proposing that gluttony be made a penal offence - his exact definition of a glutton being 'one who habitually devotes himself to the pleasures of the table to such a degree that he might arouse discontent in view of the distressful condition of the population'. Since its first publication in 1975, When Money Dies has become the classic history of these bizarre and frightening times. Weaving elegant analysis with a wealth of eyewitness accounts by ordinary people struggling to survive, it deals above all with the human side of inflation: why governments resort to it, the dismal, corruptive pestilence it visits on their citizens, the agonies of recovery, and the dark, long-term legacy. And at a time of acute economic strain, it provides an urgent warning against the addictive dangers of printing money - shorthand for deficit financing - as a soft option for governments faced with growing unrest and unemployment.

A completely updated edition of the guide to modern bond analysis First published in 1972, Inside the Yield Book revolutionized the fixed-income industry and forever altered the way investors looked at bonds. Over forty years later, it remains a standard primer and reference among market professionals. Generations of practitioners, investors, and students have relied on its lucid explanations, and readers needing to delve more deeply have found its explication of key mathematical relationships to be unmatched in clarity and ease of application. This edition updates the widely respected classic with new material from Martin L. Leibowitz. Along the way, it skillfully explains and makes sense of essential mathematical relationships that are basic to an understanding of bonds, annuities, and loans-in fact, any securities or investments that involve compound interest and the determination of present value for future cash flows. The book also includes a new foreword. Contains information that is more instructive, important, and useful than ever for mastering the crucial concepts of time, value, and return Combines the clear fixed-income insights found in the original edition with completely new knowledge to help you navigate today's dynamic market Includes over one hundred pages of new material on the role of bonds within the total portfolio In an era of calculators and computers, some of the important underlying principles covered here are not always grasped thoroughly by market participants. Investors, traders, and analysts who want to sharpen their ability to recall and apply these fundamentals will find Inside the Yield Book the perfect resource.

Thomas Kuhn's The Structure of Scientific Revolutions is arguably one of the most influential books of the twentieth century and a key text in the philosophy and history of science. Kuhn transformed the philosophy and history of science in the twentieth century in an irrevocable way and still provides an important alternative to formalist approaches in the philosophy of science. In Kuhn's 'The Structure of Scientific Revolutions': A Reader's Guide, John Preston offers a clear and thorough account of this key philosophical work. The book offers a detailed review of the key themes and a lucid commentary that will enable readers to rapidly navigate the text. The guide explores the complex and important ideas inherent in the text and provides a cogent survey of the reception and influence of Kuhn's work.

Discover the ins and outs of designing predictive trading models Drawing on the expertise of WorldQuant's global network, this new edition of Finding Alphas: A Quantitative Approach to Building Trading Strategies contains significant changes and updates to the original material, with new and updated data and examples. Nine chapters have been added about alphas - models used to make predictions regarding the prices of financial instruments. The new chapters cover topics including alpha correlation, controlling biases, exchange-traded funds, event-driven investing, index alphas, intraday data in alpha research, intraday trading, machine learning, and the triple axis plan for identifying alphas. - Provides more references to the academic literature - Includes new, high-quality material - Organizes content in a practical and easy-to-follow manner - Adds new alpha examples with formulas and explanations If you're looking for the latest information on building trading strategies from a quantitative approach, this book has you covered.