Friday, January 01, 2010

Three most interesting books of 2009

I had a very interesting & absorbing 2009. I was able to complete some really good projects within proper timelines & without any major hiccups (I don’t think any project can be completely hiccup-free). Nevertheless, to keep me going through the year & to have me inspired, I had the pleasure of a few good books. So I just wanted to share with all of you three of the best books of 2009 that I came across and what you can seek from these books.

At the same time, I would like to strongly endorse this new site called Audible (audible.com). Audible offers audio books and was taken over by Amazon, so you can get almost all of the new books in audio format at this site.

The first book that entertained me thoroughly was Outliers by Malcolm Gladwell. Gladwell has this rare skill of presenting very original & fresh ideas through tightly knitted stories. In Outliers, he goes on to explore what exactly are the not so manifest reason behind the most successful of people in all walks of life. Be it Beatles or Bill Gates or Athletes or Lawyers, what separates these outstanding professionals from the other ordinarily successful people in their respective profession. The idea of Ten Thousand Hours from the book has already caught the imagination of popular media and I have heard it in lots of public discourses. The idea says that it takes 10,000 hours of thought initiated actions in any respective line of work to gain maestro like expertise. Do read the book for loads of interesting and original ideas coupled with equally convincing stories.

Another book that I enjoyed very much was the Ascent of Money by Niall Ferguson. The author is a well renowned historian who walks you through the history of money from its initial days of coming into existence right through the economic meltdown of 2008-09. He explains most of the important ideas associated with popular financial products, like stocks, bonds, forex, insurance, options etc., along with the history associated to each of them. I think it becomes very easy to understand contemporary financial products if we know the necessity that originated them. The author has drawn profusely from a huge list of other books which gives further credence to the simple explanations he has provided in the book. Anyone who wants to understand the larger picture of global money markets must certainly read this book.

Lastly, I would recommend The Age of Turbulence by none other than Alan Greenspan. Greenspan was the chairman of Federal Reserve Bank in US for almost two decades. Half of the book is like a biography of Greenspan along with his remarks on the economic landscape. Then in the second part of the book, he goes full throttle and that too with utmost candor, on his opinions of the global economic universe. If you are interested in unraveling the economic puzzles of current times, then there is none other available with such an authority. After all he was literally the master of the financial universe for more than two decades.

Wish you all a fabulous new year and I hope there are lots of even more beautiful books coming our way.