Enterprising Investor
Practical analysis for investment professionals

Book Reviews


Editor’s Picks: Top 3 Book Reviews of 2024 and a Sneak Peek at 2025

What books reviewed in 2024 stand out for their applicability to practical issues confronting investment decision-makers?

Book Review: The M&A Failure Trap

Massive M&A deals make headlines but too rarely make money for stockholders.

Book Review: Resistance Money: A Philosophical Case for Bitcoin

Should I add bitcoin to my portfolio? If not, why not? This book will help advisors field these tough client questions.

Book Review: The Puzzle of Sustainable Investment

Lukasz Pomorski adeptly discusses the good, the bad, and the unknown of sustainable investing while acknowledging that the answer to some of the critical questions is the dreaded “it depends.”

Book Review: Risks and Returns

This highly readable book contains numerous entertaining anecdotes about, and descriptions of, the lifestyles of the rich and famous. Readers’ interest will never flag as they glean the chunks of wisdom that they can productively apply to investment analysis.

Book Review: Pause to Think

This book is direct, delightful, and articulate in suggesting that we take a slow rather than fast approach to getting things thoughtfully done. It touches the minds and hearts of investment professionals.

Book Review: Shocks, Crises, and False Alarms

Carlsson-Szlezak and Swartz attempt to add fresh thinking on framing macro shocks that may often prove to be false alarms. Any general reader will obtain some key fresh insights with this work, and CFA charterholders will be offered an alternative to the conventional Wall Street approach to macro discussions.

Book Review: Default

Argentina’s debt restructuring tests the theoretical limits of chaos theory. Gregory Makoff's feat is to build his narrative as a thriller without losing the detailed facts valued by specialists.

Book Review: My Value Creation Journey

Bartley J. Madden has produced a book that challenges business leaders and investment professionals to think outside the box systematically to solve difficult problems.

Book Review: A Wealth of Well-Being

Finance practitioners can benefit from Meir Statman's challenge to make finance an “afterthought” and spend more time thinking about life well-being.