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Showing posts from September, 2025

The Dhandho Investor by Mohnish Pabrai

Worth reading, and rereading, and re-rereading. An elegant book that teaches fundamental principles of value investing, and much more. The Dhandho Investor  also has the highly unusual quality of being useful at a wide range of reader sophistication levels: you can gain tremendously from this book as a beginner or as a deeply experienced investor. I'll single out Chapters 5 and 6 for particular mention: Chapter 5 describes author Mohnish Pabrai's investing framework, with nine interlocking and synchronistic rules. Chapter 6 describes in very simple language all of the gigantic structural advantages of investing in the stock market, as it offers low frictional costs, a tremendous selection of possible businesses, and, most importantly, periodic incredible opportunities. These two chapters explain why you will take a pass on almost all investments--but then, once in a while, make large bets on specific situations that meet your requirements. [A quick  affiliate link to Amazon ...

Dark Matter by Blake Crouch [spoilers]

A first-rate central concept inside a second-rate plot wrapper. After reading two Blake Crouch novels , Crouch's gift for concept is obvious, but writing believable and well-resolved narrative arcs is an area for improvement. We'll start with this novel's concept layer, the multiverse: the idea that there are an infinite number of possible universes, and with every choice we make, every fork in our road, a new separate universe will exist for any and all of these possible choices. Dark Matter is a story about a physicist, Jason Dessen, who figures out a way to place a human being into "superposition," enabling him to move from quantum universe to quantum universe, and even to choose which quantum universe to inhabit. [A quick  affiliate link to Amazon  for those readers who would like to support my work here: if you purchase your Amazon products via any affiliate link from this site, or from my sister site  Casual Kitchen , I will receive a small affiliate commis...

Empire, Incorporated by Philip J. Stern

Bluntly: this book is worth your attention if two things are true: 1) you're interested in the history of the early joint stock companies and their role in colonial history, and 2) you're willing to put up with a long, cluttered and disorganized book. Empire, Incorporated doesn't know what it really wants to be, and as a result author Philip Stern finds himself scattered everywhere, throwing at the wall anything and everything to do with mercantile-era joint stock companies. The book simply crawls with minutia to the point where even its own author at times gets his own lines crossed and loses his own thread. [A quick  affiliate link to Amazon  for those readers who would like to support my work here: if you purchase your Amazon products via any affiliate link from this site, or from my sister site  Casual Kitchen , I will receive a small affiliate commission at no extra cost to you. Thank you!] I'll critique the work more in another paragraph, but let's first ...