Last week I provided my reading list for developing the right character for work that I give to new members of my team. This week, I’ll give my reading list for the knowledge base they need to have in the financial industry. Some of the books are easy to read cover to cover whichever industry you are in, others are worth dipping into and out of, while some are very technical. If I’ve missed any good books let me know: Continue reading “My Reading List For Success At Work (Part 2)”
I often get asked what the best books are to help one at work. As it turns out, I give reading lists to whoever works for me. One list is focused on developing good character and “soft skills” and is relevant for whichever line of work you are in. The other list is on more technical knowledge related to the finance industry. Below is the first list, I’ll post the second one next week: Continue reading “My Reading List For Success At Work (Part 1)”
Another excerpt from my book. Any feedback welcome! This bit is about derivatives:
What these examples [Great Depression, breakdown of Bretton Woods, the creation of the euro and 2008 crisis] show is that systems work for a while, but never endure. There is a constant need to reform, tinker and experiment. And with the world becoming ever more complex, institutions need a way to lock in some form of certainty. Derivatives can provide that. By far, the most common derivative is the interest rate swap, which allows one to switch from floating interest rates to a fixed interest rate (or vice versa). Your mortgage uses this! Continue reading “What To Do In A Complex World? (2 min read)”
Sir Alex Ferguson has just come out with a book called “Leading” which he co-authored with Sir Michael Moritz, chairman of Sequoia Capital. I was lucky enough to see them interviewed by the Financial Times editor, Lionel Barber, at the Southbank centre in London. The talk was fascinating, and the book is well worth reading.
Indeed, even as a Liverpool fan , I have to admire Alex Ferguson’s track record as manager of Manchester United: he won 13 league titles, 5 FA Cups and 2 Champions leagues. Admittedly, he didn’t reach Liverpool manager Bob Paisley’s 3 Champions leagues, but no-one is perfect. To get some sense of what made him tick is intriguing. Continue reading “The Alex Ferguson Way”
1. Creativity Inc by Ed Catmull. One of the founders of Pixar describes the secret of their success including turning Disney Animation around. It comes down to focusing on how people interact with each other. Their “braintrust” meetings are a core part of this where ideas are debated, but the idea-owner can ignore or take on whatever he or she wants.