Thorndike Jr., William N. – The Outsiders

HBR Press, 2012, [Business] Grade 4

William Thorndike has done the world of skilled but less-than-flamboyant CEOs and long-term investors alike a massive favour. Via eight years of painstaking research in collaboration with Harvard Business School students – one year per CEO/company studied – Thorndike has... Further reading...  Link to Amazon...

Partnoy, Frank – The Match King

Profile Book Ltd, 2009, [Business] Grade 4

Frank Partnoy is a Professor of Law and Finance and he is an expert in complex financial structures and regulation. Before becoming a professor he worked on Wall Street and wrote F.I.A.S.C.O about his experiences during the 90’s. Besides writing several other books, he works... Further reading...  Link to Amazon...

Rumelt, Richard P. – Good Strategy/Bad Strategy, The Difference and Why It Matters

Crown Business, 2011, [Business] Grade 5

This book on strategy is a new favorite of mine. I bought it six months ago and have already reread it twice. I resisted buying it for over a year because of the title but now after reading it, I have come to appreciate the title. The Bad strategy-part is a long awaited, elegantly expressed...  Further reading...  Link to Amazon...

Montgomery, Cynthia A. – The Strategist, Be the Leader Your Business Needs

HarperCollins Publishers, 2012, [Business] Grade 5

Cynthia Montgomery is a Professor, and former Head of the Strategy Unit at Harvard Business School, where she has taught for more than 20 years. She is currently teaching strategy in the School’s executive program for entrepreneurs and owners of private companies. This book is...  Further reading...  Link to Amazon...

Rose, Peter S. & Hudgins, Sylvia C. – Bank Management & Financial Services

McGraw-Hill, 2010, [Business] Grade 3

It is an ungrateful task to try to give a fair overview of banks when the entire industry is in flux. Finance Professors Peter Rose and Sylvia Hudgins should however be more qualified than most as this is their 8th edition textbook on bank management. They don’t fully... Further reading...  Link to Amazon...

Christensen, Clayton M. – The Innovator’s Dilemma

HarperBusiness, 1997, [Business] Grade 5

I wish I had read this book a long time ago. It would have saved me a lot of problems, worries and money. I’m late to the game - I first heard of this book in Isaacson’s marvellous biography on Steve Jobs, but it was written before some of the dot.coms exploded. It was one of few books that...  Further reading...  Link to Amazon...

Greenwald Bruce C. & Kahn, Judd – Competition Demystified

Penguin Books, 2005, [Business] Grade 5

We all admire Michael Porter for his wisdom regarding strategy. But how do you use his recommendations in real life? Especially if you are an outsider, you need a toolbox that is easier to use and maybe more focused. As an investor, I use the concepts in this book as...  Further reading...  Link to Amazon...

Walter, Carl E. & Howie, Fraser J.T. – Value – Red Capitalism

John Wiley & Sons, 2011, [Business] Grade 4

Very few westerners have worked in the Chinese financial sector for twenty years. The two writers of Red Capitalism both have. Being residents of Beijing and Hong Kong they have managed Chinese investment banks, worked in investment firms and played roles in...  Further reading...  Link to Amazon...

Koller, Tim, Dobbs, Richard & Huyett, Bill – Value – The Four Cornerstones of Corporate Finance

John Wiley & Sons, 2011, [Business] Grade 4

More than twenty years ago McKinsey & Company published the book Valuation. It became the de facto required reading for the coming generations of aspiring young equity analysts and portfolio managers struggling to master the craft of performing a...  Further reading...  Link to Amazon...