Joe Brereton, Associate Investment Specialist and resident Gen Z of eInvest, shares his summer reading picks. Smart intelligent reads to provide an alternate point of view.
The New Map – Daniel Yergin
The New Map depicts the fluctuating nature of international politics and energy. Yergin tells the story of how power and climate change are shaping the geopolitical discussions across the globe through the book’s organising idea of the world map. The book ties current major conflicts and allegiances between USA, Russia, China and the Middle East to strategic powerplays for resource endowment and control over transmission and how each of these superpowers perceive their own influence over the world map.
The Biggest Bluff – Maria Konnikova
The Biggest Bluff recounts Maria Konnikova’s journey as a novice poker player with the goal of entering the World Series of Poker in Las Vegas. Konnikova holds a Ph.D in Psychology and is an expert in human behaviour so the book reveals how human biases influence decision making using poker, a game centred on probabilities and bluffing. This is a great book for anyone interested in behavioural economics or decision making.
The Weirdest People in the World – Joseph Henrich
Joseph Henrich is the Professor of Human Evolutionary Biology at Harvard University and has written this book about the cultural evolution of the Western world and what has caused it to be particularly prosperous. This book strives to broaden our field of vision and can be quite jarring as it assesses Western values. Through Henrich’s cultural relativism, The Weirdest People in the World illuminates several prejudices and cognitive dissonance in what we would consider as primal instincts.
The Fifth Risk – Michael Lewis
This book was published in 2018 and in classic Michael Lewis fashion, is an engaging story about the chaotic 2016 transition into Donald Trump’s presidency. At its core, this book celebrates the many critical services that the public sector performs while criticising the mismanagement and short-sightedness of the Trump administration to disregard the risk control function these agencies possess. The titular ‘fifth risk’ is the unforeseen threat that you never really imagine as a risk and Lewis condemns the federal government’s efforts to fortify the country against these hidden risks. The reason this book is on my list this year is because the events of 2020 epitomise Lewis’ sentiment that extreme events can and will occur and the public sector plays an important role in managing them.
Disclaimer: Please note that these are the views of the writer, Joe Brereton, Associate Investment Specialist at eInvest and is not financial advice. To find out how to invest in our active ETFs, visit here. The product disclosure statements and more can be found at www.einvest.com.au. If you’d like to keep learning further, please feel free to follow any of our socials listed below.