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Wall Street’s Must-Read Books of the Summer

What's wall street reading this summer?

Bloomberg asked a few prominent wall-street types what books were on their reading list. Participants were asked to give one recent book as well as an all time favorite. Never ones to follow the rules, some people have three recommendations.

What strikes me the most is what’s not on these lists. You won’t find The Three Marriages, Marcus Aurelius’ Meditations, or any philosophy for that matter. You won’t find any good books on meditation, stillness, or why managing your energy, not time, is the key to high performance. And you also won’t find books about happiness or meaning.

Stephen King says it better than I ever could:

Back in the days when I was an EW regular, I started a column titled ”25 Things That Piss Me Off.” I never finished, because I’m a fairly easygoing guy and I could only think of about a dozen. But on that abbreviated list, right between No. 7 (”When the Junior Mints fall off my toothpick”) and No. 9 (”People who think movies with subtitles are always works of genius”) was this, at No. 8: ”Snobby summer reading lists.” I’m talking about the guy who says he’s going to spend July rereading War and Peace or the woman who insists she’s finally going to dig into the complete works of George Eliot.

Really? Eliot or James Joyce while swinging in the backyard hammock? Maybe somebody thinks that’s the way to spend those lazy, hazy, crazy days of summer, but not me. … None of these novels will insult your intelligence, but all will take you away to new and interesting places full of excitement, danger, and maybe a few laughs. For me, that — and not A Complete History of Canada in Very Tiny Print — is what summer reading is all about.

Nevertheless there are some gems below.

Bill Ackman

Lloyd Blankfein

Jim Chanos

Mohamed El-Erian

Austan Goolsbee

Bill Gross

Sallie Krawcheck

Pablo Salame

Steve Schwarzman

Whitney Tilson

Take a minute and compare the list to the books recommended by the 2014 Re:Think Decision Making workshop or Bill Gates or Tyler Cowen.