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The Dao of Capital

Mark Spitznagel

1 reader recommends it across 1 discussion

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DLA
Totally agree with mountbranch here. Principles is fantastic. At the same time you may read and think "sure, common sense" but then did you think that before you read the item -- probably not. I feel this is a book to keep for a lifetime. Can't wait for Ray's economics book. Cool animated summary here: https://www.principles.com/principles-for-success/ The Dao of Capital is deeper. The chapter on Conifers (yeah, pine trees) and how they exist with and balance times of trouble versus opportunity is well worth the price of the book. Also, and not least, Nassim Taleb's books: Fooled By Randomness, Black Swan, and Anti-fragile. Poetic, deep, useful, and entertaining. Fantastic. A pleasure to read and listen to in audio while driving/traveling.