What will institutional investors be reading this summer? We spoke to some prominent limited partners to get the lowdown on what they will be taking to the beach.
Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou
The rise and fall of Theranos and Elizabeth Holmes.
Who’s reading it? Staff at Massachusetts Pension Reserves Investment Management Board and Teacher Retirement System of Texas, as well as Alaska Permanent Fund’s Yup Kim.
Myth of Capitalism: Monopolies and the Death of Competition by Jonathan Tepper and Denise Hearn
How monopolies and powerful companies in key industries have undermined the US’s open, competitive marketplace.
Who’s reading it? New Mexico State Investment Council’s Chris Cassidy.
The philosophy and logic behind value investing. Original copies of this out-of-print book have sold for as high as $2,000 on eBay, according to Quartz.
Who’s reading it? Alaska Permanent Fund’s Steve Moseley, who got the book from chief investment officer Marcus Frampton.
The contradictory forces that drive us to cheat and keep us honest.
Who’s reading it? Arizona Public Safety Personnel Retirement System’s Mark Steed. “Pound for pound [this is] one of the best business books ever. The chapter on reciprocity is sobering, and one of the reasons I won’t let anyone give me anything (dinner, tickets to a game, a pen),” Steed told us.
Dare to Lead: Brave Work. Tough Conversations. Whole Hearts. by Brené Brown
How leaders cultivate braver, more daring leaders and how to embed the value of courage in a firm’s culture.
Who’s reading it? Hamilton Lane’s Katie Moore. “I’m a big fan of reading introspective books on my iPad so I can highlight and come back to the best pieces of advice,” Moore told us.
Sapiens: A Brief History of Humankind by Yuval Noah Harari
How biology and history have defined us, where this is leading us and what we want to become.
Who’s reading it? Rhode Island State Investment Commission staff.
“Their diaries, letters and personal reminiscences, as well as the action reports from their commanders, convey the horrors of pitching decks, exploding shrapnel and gut-wrenching fear,” a Wall Street Journal review said.
Who’s reading it? Pritzker Private Capital’s Paul Carbone.
The story of the Winklevoss twins (of the Facebook face-off fame) and their bitcoin play that made them the first bitcoin billionaires.
Who’s reading it? New Mexico SIC’s David Lee
The challenges posed by the digital future.
Who’s reading it? Texas Municipal Retirement System’s Chris Schelling
Joe Wilson and the Creation of Xerox by Charles D. Ellis
A biography of Wilson, who transformed commercial imaging technology.
Who’s reading it? Hamilton Lane’s Jeff Armbrister. “As a Rochester native whose parents worked for Xerox, I admit that I am biased, but I will continually be fascinated about the origination stories of groundbreaking companies and inspiring entrepreneurial leadership,” Armbrister told us.
What are you reading this summer? Write to the author: firstname.lastname@example.org