Feb 23, 2011

Seeking Alpha of Financial Literature

 There is a big problem with many writers in Finance / Economics.. Most of them are stuck with one philosophy & keep on repeating that in every book that they dole out..  Few months back i picked up "The Big Short" by Michael Lewis.. I have to say that till now I havnt been able to complete it because in one way or other most of the ideas / stories that he describe are present in one way or other in his earlier book - "Liar's Poker" ..  Individually these books aren't bad.. However, collectively these two are repetitive..

   Another prominent writer who falls into this category in George Soros who keeps on harping about his concept of reflexivity in every book that he writes.. Same case with Tim Hartford ... Buying Logic of Life turned out to be a waste after reading Undercover Economist

   Infact, I'd bet these writers are diluting their brand value by doling out similar ones .. Even though I liked Taleb's both books  - Fooled By Randomness & The Black Swan , I won't probably buy anything that he writes again for the same reason.

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