As 2018 winds down, here’s another post on my top five books for the year. These are the most insightful books I’ve read this year, they are listed in no particular order.

Principles: Life and Work

This is one of my favorite books, it is Ray Dalio’s principles for running his company. His primary audience are his employees; as he steps down from his role as a CEO he wanted to leave them with a book so they understand how he developed his principles and his vision for running a company.

book contains the principles, and rules that Ray developed in his personal life and for running his hedge fund BridgeWater Associates. He delves into financial principles briefly, but has another book for those.

He mainly focuses on the rules that he developed as he built his fedge and grew it to what it is today. He reflects back on the mistakes

Pain+Reflection=Progress

Radical Honesty

This book contains a whole slew of information, mostly on Ray Dalio’s strategy for mamaging his hedge fund

Thinking, Fast and Slow

This book gives a really good framework to understand the way the brain works; it also describes the various biases that the human mind is susceptable to. By describing the human mind’s behavior and providing terms such as the “recency effect”, “framing bias”, “availability bias” (and many, many more), it provides a way for language to grasp the different behaviors.

A Split Mind

Most importantly, the book starts by describing the mind by two systems, system 1 and system 2. This can be vaguely similar to the conscious and unconscious. System 2 is the active conscious minds, this what when you are aware of being aware what’s happening happening around you. System 2, is correlated with a dilation in pupils, it is a very energy expensive system in the brain, that we use when we are actively concentrating on something. The rest of the time? We are engaged in system 1, aka auto-pilot behavior, where we are not 100% conscious of what’s happening, just vaguely enough to proceed with actions. Math problems, difficult decisions, engage system 2, the rest of the time 80% or so percent is system1. System1 is susceptable to many biases

What you see is all there is

This was very new theory, when the author’s came up with it see ‘a friendship that changed our lives’

This is quite an old book, that I finally got the chance to go through.

Sapiens: A Brief History of Humankind

Another book on our history

Endurance: Shackleton’s Incredible Voyage

Very old story, finally went through

Meditations

Stoic musings

Other Books I Really Enjoyed

Brave New World

How to Change Your Mind

Kitchen Confidential

Conspiracy