There are timeless principles that underlie stock trading. In this episode we discuss Reminiscences of a Stock Operator, considered by many to be a classic work in the space. First published in 1923, Reminiscences of a Stock Operator by Edwin Lefevre is a fictionalized biography based on the career of legendary stock trader Jesse Livermore. Through the first-person recounting of protagonist Lawrence Livingston’s career, Lefevre imparts hard won stock trading lessons. Through many booms and...

Trader Joe's is an iconic American grocery chain. And yes, there was an actual Trader Joe. In this episode we interview Patty Civalleri, the co-author with Joe Coulombe of Becoming Trader Joe: How I Did Business My Way and Still Beat the Big Guys. Founded as a small chain in California in the 1960s, Trader Joe’s has gone on to become one the most unique and influential grocery retailers in the United States. Through that journey of growth, Joe Coulombe, its founder, battled government...

We discuss the 2017 memoir Am I Being Too Subtle?: Straight Talk From a Business Rebel by Sam Zell. Zell was the billionaire founder of Equity Residential, Equity International, and EQ Office. In addition he had controlling interests in several other large enterprises, perhaps most controversially Tribune Media. Am I Being Too Subtle? describes Zell’s upbringing, career, business philosophy, and success transforming troubled assets into productive capital. Show Notes Am I Being Too Subtle?...

Love him or hate him, Elon Musk is perhaps the most accomplished and influential leader in today's business landscape. Dive into the definitive biography, Elon Musk by Walter Isaacson, on our latest episode. Spanning 700 pages, this epic authorized account lays bare the polarizing man behind the innovations, exposing both triumphs and flaws. We dissect the biography's strengths and weaknesses, and discuss how it sheds light on the controversies encircling Musk. What insights does the book...

The Presentation Secrets of Steve Jobs: How to Be Insanely Great in Front of Any Audience by Carmine Gallo is a self-help book for anyone who regularly makes presentations. Whether you're an executive, analyst, marketer, or teacher this book will help you improve the impression you make on an audience. By utilizing the legendary keynotes of Steve Jobs as a model, the book presents tips, tricks, and technical techniques to make better slides, tell a better story, and captivate any crowd. We...

How the Internet Happened: From Netscape to the iPhone by Brian McCullough is a history of the companies, entrepreneurs, technologists, and financiers who launched the modern online world. Covering the years 1993 to 2008, this sweeping volume helps the reader understand not only who the important players were in fostering online communities, e-commerce, social networks, and connected mobile computing, but also the context from which they emerged. We are pleased to be joined by the author of...

The Lean Startup by Eric Ries is a modern management classic. It's about bringing the scientific method to the forefront at the start of a new enterprise. Instead of following a classic waterfall development methodology, Ries emphasizes the importance of building quick MVPs that are easily testable based on actionable metrics. Although just a dozen years old, The Lean Startup philosophy has already gone from controversial to common wisdom. In this episode we’ll break down the key ideas and...

Read transcript This month we read How to Win Friends and Influence People by Dale Carnegie. First published in the 1930s, How to Win Friends and Influence People is one of the most popular self-help books of all time. Carnegie’s suggestions for how to achieve the title’s objective are largely based on anecdotal wisdom, but the anecdotes are numerous and often hard to argue with. While some of the advice is old-fashioned, and much of it is common sense, the vast majority of the outlayed...

Read transcript Season 3 was a landmark season for our show. We read some amazing books and interviewed some award-winning authors. In this episode we discuss the highlights of Season 3. We pick the best and worst books we read. And we provide a behind the scenes look at our author interviews. Plus, we preview Season 4. Show Notes Season 3 Listener Survey via Google Forms David Kopec on Return to the Little Kingdom via CFO Bookshelf David Short on Nostr:...

Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies by Nik Bhatia is one of the most popular books in the world of bitcoin. But it's much more than that. The first half of the book is a history of monetary systems. This sets the stage for a dive into the world of bitcoin, including what makes it special and how it differs from the currencies that preceded it. Finally, Layered Money takes the reader through current developments in the Bitcoin world and how...

Titan: The Life of John D. Rockefeller, Sr. is an epic biography of the industrialist by acclaimed author Ron Chernow. Rockefeller was the founder of Standard Oil, a company that was notorious for its monopolization of the oil industry in the late 19th century. An adept businessman and talented strategist, Rockefeller was demonized throughout his career for his sometimes brutal tactics. During the latter half of his life, Rockefeller became America’s foremost philanthropist, establishing a...

Never Split the Difference: Negotiating As If Your Life Depended On It is considered one of the best books of all time on negotiation. Instead of focusing on economic theory or game theory, it focuses on practical techniques and psychological insight. Voss uses anecdotes from his career as an international hostage negotiator for the FBI to enliven the narrative while alternating with everyday business negotiation scenarios. We are thrilled to be joined by author Chris Voss to discuss his...

The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley is a comprehensive portrait of the early era of PayPal—predominantly focused on the years between its founding in 1998 and its sale to eBay in 2002. A deeply researched and well written narrative, The Founders provides the backstory of the group of individuals who became known as “The PayPal mafia.” We are privileged to be joined by the book’s author, Jimmy Soni. Show Notes The Founders: The Story of PayPal...

King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone by David Carey and John Morris is more than just a book about Blackstone—it’s a history of private equity. Carey and Morris explain the sometimes esoteric world of this segment of high finance. They recount its cycles of booms and busts from the 1980s through the 2010s, and explain how Blackstone navigated the sometimes tumultuous waters to ultimately become one of the most influential alternative...

In The Hard Thing About Hard Things, venture capitalist Ben Horowitz recounts lessons he learned about how to run a Silicon Valley startup, largely from his time as the CEO of Loudcloud, which later became Opsware. Horowitz provides specific advice about hiring, firing, managing emotions, handling growth, deciding whether or not to sell, and everything in-between. His thoughts are sometimes unconventional and often punctuated by relevant anecdotes from his experience as a CEO or venture...

Instant: The Story of Polaroid covers the rise, heyday, and decline of Polaroid Corporation. It has a particular focus on the personality and management style of Edwin Land, Polaroid’s innovative and dynamic founder, who was an inspiration to Steve Jobs. Polaroid’s niche in the marketplace and the strategic mistakes that led to Polaroid’s decline are other major themes of the book. We were pleased to be joined by the book’s author, Christopher Bonanos, for an interview about his work. Show...

Measure What Matters, by venture capitalist John Doerr, is about OKRs—Objectives and Key Results—an approach to goal setting. Doerr evangelizes the use of OKRs and explains how they can help any organization better align its direction and continually evaluate its success. OKRs are a simple concept, but the book elucidates them with many anecdotes about their use in varying organizations, including startups, large corporations, and charities. We discuss the key takeaways from the book and how...

We interviewed Eric Berger, the author of Liftoff: Elon Musk and the Desperate Early Days That Launched SpaceX. It's about the journey of grit, resilience, and unbridled optimism that turned a scrappy startup into the premier space company of the 21st century. Eric utilized full access at SpaceX to get the inside story from employees and Elon Musk himself. Most of the book focuses on the exciting early period of SpaceX from 2002 - 2009 when there were experimental rockets, tropical islands,...

Over the past year we've read some fantastic books... and some that were not so fantastic. In this episode we break down the best and worst books of season 2. We also discuss our picks by category including entrepreneurship, career, and story. Finally, we have a meta discussion about the show and say goodbye to our valued co-host, Eli. Show Notes List of Read Books Eli's Dog's Instagram Follow us on Twitter @BusinessBooksCo and join our Amazon book club. Find out more at...

Amazon Unbound is the story of how Jeff Bezos has managed his business empire over the past decade. It picks up where author Brad Stone’s last Amazon book, The Everything Store, left off circa 2013. Stone chronicles Bezos’s incredible attention to detail on Amazon projects like the Echo and the Fire Phone, as well as his stewardship of The Washington Post and Blue Origin; and controversies from his personal life. We get an inside look into the trials, triumphs, and tribulations of this living...

This month we read Radical Candor by Kim Scott, a people management guide developed through Scott’s years of working as a manager in high tech. Scott led the AdSense, YouTube, and DoubleClick teams at Google and served as a faculty member at Apple University. Radical Candor is about fostering relationships where people sincerely care about one another but are also able to challenge each other directly. The book is a guide to developing these relationships in the workplace while avoiding the...

This month we read Brick by Brick: How LEGO Rewrote the Rules of Innovation and Conquered the Global Toy Industry by David C. Robertson and Bill Breen. After facing lackluster growth in the 1990s, iconic toy brand LEGO undertook a program of radical innovation under a turnaround artist CEO. Unfortunately, the turnaround resulted in an even worse situation, with LEGO facing a deficit so large in 2003 that it threatened the survival of the company. Brick by Brick is about how LEGO turned around...

When Hema Hattangady became the CEO of Bangalore, India based Conzerv in 1996, it was a struggling producer of energy meters. Over the next decade Hattangady led the transformation of Conzerv from a family-owned enterprise with $1 million in revenue into one of India’s leading energy management corporations. In 2009 the company was acquired by Schneider Electric. In Lift Off, Hattangady tells the story of Conzerv’s transformation. Show Notes Lift Off: The Story of Conzerv by Hema Hattangady...

No Filter: The Inside Story of Instagram by Sarah Frier covers Instagram’s rise from a two-person startup to the second largest social network in the world. Along the way, Frier explores Instagram influencers, the network’s effect on teens, and its sometimes rocky existence within the confines of its parent company, Facebook. Frier had significant access to key players in the story and chose to spotlight the relationship between Instagram co-founder Kevin Systrom and Facebook CEO Mark...