Weekly Non-Fiction Reading List 3.29.21

This week I finished 9 books from some amazing authors…well 8 amazing authors. This week, I finished some books about how randomness controls our lives, critical thinking, investing, and how we can fix the criminal justice system. There’s one book on this list that was complete silliness, and I haven’t rated a book this low in quite a while. Enjoy!

Each of the links to the books are affiliate links, so if you use my link to purchase any of these books, some comes back to support what I do (and it also helps fund my reading habit).

The Art of Systems Thinking: Essential Skills for Creativity and Problem Solving by Steven Schuster

Similar books:

Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy by Cathy O’Neil

The Internet of Us: Knowing More and Understanding Less in the Age of Big Data by Michael Patrick Lynch

Super Freakonomics by Steven D. Levitt

Invested: How I Learned to Master My Mind, My Fears, and My Money to Achieve Financial Freedom and Live a More Authentic Life (with a Little Help from Warren Buffett, Charlie Munger, and My Dad) by Danielle Town and Phil Town

Similar books:

Broke Millennial Takes on Investing: A Beginner’s Guide to Leveling Up Your Money by Erin Lowry

How I Invest My Money: Finance experts reveal how they save, spend, and invest by Joshua Brown, Brian Portnoy, Carl Richards

The Laws of Wealth: Psychology and the Secret to Investing Success by Daniel Crosby

Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! by Phil Town

My only criticism with this book is a personal one. Even though Phil says he hates math and the math for this process is “simple”, it definitely wasn’t for a guy like me. I had to re-read sections a few times and take extensive notes. It was definitely worth it though. I have much more confidence now in purchasing individual stocks. But if you’re like me, make sure you’re ready to read this book like it’s a course. Take notes, practice, and you’ll be fine.

Stiff: The Curious Lives of Human Cadavers by Mary Roach

Make Money Blogging: Proven Strategies and Tools, Step-by-Step Guide to Making Money Consistently with Your Blog While Working from Home by Owen Hill

The Drunkard’s Walk: How Randomness Rules Our Lives by Leonard Mlodinow

Similar books:

Everything is Obvious: Once You Know the Answer by Duncan J. Watts

Calling Bullshit: The Art of Skepticism in a Data-Driven World by Carl T. Bergstrom and Jevin West

The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb

Lessons From Critical Thinkers: Methods for Clear Thinking and Analysis in Everyday Situations from the Greatest Thinkers in History (The critical thinker Book 2) by Albert Rutherford

Similar books:

How to Think: A Survival Guide for a World at Odds by Alan Jacobs

The Enigma of Reason by Hugo Mercier and Dan Sperber

Know-It-All Society: Truth and Arrogance in Political Culture by Michael Patrick Lynch

The Dhandho Investor: The Low-Risk Value Method to High Returns by Mohnish Pabrah

The whole premise is small down side with huge upside, or as the author says, “tails I win, heads I don’t lose much.” A great example of why this is silly is he tells the story of how Patel families own most of the motels in the USA. It started with Papa Patel taking the only $9,000 he had and putting it into a hotel and hoping for the best. My question is, in what universe is investing 100% of you and your family’s money “low risk?”. Later, the author tells the story about how he did the same thing with his only $30,000 and his backup plan was to pull out of his 401k early. Noboy would call me a genius for taking my family’s savings to the roulette table, putting it all on black and calling it low risk high reward.

His argument is that “if it doesn’t work, and you lose, you can just make the money back by getting a job.” This is the most insane argument I’ve ever heard. I can go on and on about how silly this author is, but if you can get passed his ridiculous examples and understand the fundamentals of how to calculate the value of a stock, you can be smarter than him with your money and diversification.

Better books:

The Dumb Things Smart People Do with Their Money: Thirteen Ways to Right Your Financial Wrongs by Jill Schlesinger

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books, Big Profits) by John Bogle

Risk Savvy: How to Make Good Decisions by Gerd Gigerenzer

Until We Reckon: Violence, Mass Incarceration, and a Road to Repair by Danielle Sered

Similar books:

The New Jim Crow: Mass Incarceration in the Age of Colorblindness by Michelle Alexander

Biased: Uncovering the Hidden Prejudice That Shapes What We See, Think, and Do by Dr. Jennifer Eberdhart

Justice: What’s the Right Thing to Do? by Michael Sandel

I do this reading list every week, so stay tuned! You can follow me here as well as on Twitter and Instagram The Rewired Soul, and make sure you’re following me on GoodReads too.

If you need help with your mental health, I highly recommend the service I use, BetterHelp. They’re an affordable online therapy service, and by using this affiliate link, you help support The Rewired Soul.

Psychology/mental health/philosophy. Stay up to date by following me here & on Twitter/Instagram @TheRewiredSoul. Books available at www.TheRewiredSoul.com/shop