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The first scene in Tolstoy's War and Peace should be required reading for engineering graduates, particularly the hyper-rational Sheldon types. I'm referring sp
by crdb 10y ago
The first scene in Tolstoy's War and Peace should be required reading for engineering graduates, particularly the hyper-rational Sheldon types. I'm referring specifically to the impact Pierre has on the people at the party, the importance of manners, why small talk, etc. War and Peace is generally a great book because of how much it captures about human nature and power plays and it is still relevant today. It has a reputation for length but I found it much more readable than, say, Lord of the Rings.
Delta Force by Col. Charlie Beckwith. Think your company has red tape? Try the US Army post-Vietnam. It's a great example of someone moving through bureaucracy to achieve great things and taught me to stop making excuses based on organisational behaviour. The Phantom Major by Virginia Cowles is in the same vein with some phenomenal hustling lessons. I still think of both men whenever I think whatever I'm doing is hard.
Dynamic Hedging by Taleb was written whilst he was a pit trader and is the most intuitive introduction to thinking about options I've read. It informs my thinking about decision making in terms of probability, path dependency and higher order greeks, and helps me take risks in a smart manner. I recommend it to a lot of people but nobody takes it up because (I'm guessing) it's only available as a second hand paper copy, and people think trading options has nothing to do with their life.
Legionnaire by Simon Murray was recommended to me by my thesis supervisor shortly before graduation. I respected his opinion so I read the thing and it blew my mind in what people were capable of doing when pushed to the edge. Murray went on to have multiple interesting careers and set records as a helicopter pilot.
There are two books that were lessons in what they did not teach me.
Clayton Christensen's Innovator's Dilemma/Solution presents a very enticing idea but I think the core explanation for what it covers is much better set forward in Marc Bloch's Strange Defeat. There are regular sub-threads on the book on HN so I won't go into it further.
I also read a couple of Jack Welch books and thought, wow, this guy knows what he is talking about. This was before 2007. After 2007, I heard from a few people - including very smart investors - who basically put GE's success down to the 30 year bull market and to the growth of GE Capital which became something like 60% of the company and indeed did almost take down GE with it after Lehman. It introduced the possibility that some famous leaders and gurus might not be as competent as they are branded to be and it's important to check for confounding variables.