78 books like Memorize the Stoics!

I wanted to include a book of fiction that brings Stoic thought to life in our modern world, and this was a tough decision for me. I’d like to draw attention to a wonderful little 150-page gem that is not nearly as widely known. Traylor’s fascinating little novel is actually “fictionalized,” its characters being crafted from actual people. And who are these people? Neither philosophers nor psychologists captivated by Stoic thought, nor average Joes or Janes out on the street, but the inmates of maximum security prisons Traylor met while working as a counselor. Epictetus is the Stoic who teaches most about personal, internal, moral freedom, and self-control, having once been a slave himself. This book shows how well the ex-slave’s lessons can resonate with and morally transform anyone today who strives for such freedom, even if imprisoned behind steel bars. Please do find an hour or two to read… show more.

Epictetus was a slave who won his freedom and started his own successful school of philosophy before retiring into obscurity. Among his many students was the historian Arrian, who wrote up his spoken lectures “word for word” as the Discourses. The Discourses are down to earth, succinct, and forthright, as, for example, when Epictetus says, “And who exactly are these people that you want to be admired by? Aren’t they the same people you are in the habit of calling crazy? And is this your life ambition then—to win the approval of lunatics?” The Discourses were much loved by Marcus Aurelius, a case of a slave inspiring an emperor!

Another Stoic classic. Written, again, in a highly accessible, conversational style. In fact, the only teachings by Epictetus that we know of today were recorded from his lectures by his disciple Arrian.  This book has given great solace to many people over the years. It is said that Frederick the Great never campaigned without it. And, the war hero Admiral James Stockdale credits Epictetus with helping him endure seven and a half years in a North Vietnamese military prison—including torture—and four years in solitary confinement. “No man is free who is not master of himself.”

One of the most common types of questions I hear about Stoicism concerns what “the Stoic thing to do” is. In a certain situation, is it more Stoic to do X or Y? Johnson’s book does a masterful job of unearthing Epictetus’s theory of role ethics so that you can answer this question for yourself. By thinking about your roles in life, you can deduce the appropriate action in many circumstances. And what’s appropriate depends on who you are and what your role in the situation is. My personal Stoic practice owes a lot to Johnson’s work—while the book is indeed academic, it contains a lot of helpful information for the modern Stoic practitioner.

Author Elif Batuman wrote of the Stoic Epictetus, he “won me over with his tone, which was that of an enraged athletics coach.” He is feisty, demanding, sarcastic, but he can be surprisingly poignant and occasionally empathetic to his audience. Epictetus himself wrote nothing; what survives was written down by a student. We therefore witness Epictetus live as he works with his own student or even when he talks with magistrates who would came to consult with him at the end of the day. Epictetus had been a slave early in life so it packs quite a wallop when he tells freeborn Romans that they have the worst kind of slavery: enslavement to external goods at the cost of their inner freedom.

Perhaps I’m cheating a bit on this one since I promised to recommend the best “modern” books on Stoicism and Seneca wrote his 124 famous letters almost 2,000 years ago, but since my other recommendations are Marcus Aurelius and Epictetus heavy, I wanted to make sure that any person exploring Stoicism for the first time gets a taste of Seneca too. While there are some wonderful books out there on the intriguing character of Seneca the man I’m not aware of a particular one-volume book that examines Seneca’s philosophy with the kind of depth we see in books on Aurelius and Epictetus. Besides, while the letters are ancient, this particular translation is modern and has been done by two highly-respected scholars of Stoic thought of the very first rank. They do a wonderful job (though I must admit, I first met Seneca’s Letters through the Penguin and Loeb editions and… show more.

We learn more through stories than through reading about abstract concepts. Lives of the Stoics is the story of the ancient Stoics. Who were they? How did they think? How did they live? If we want to live a Stoic life, then it helps us to know how other Stoics applied philosophy in their own lives: How did they face adversity? How did they handle betrayal? How did they handle prosperity? How did they deal with the ups and downs of life? The tone of the book is more informal and personal rather than authoritative. Yet this is one of the best books on Stoicism. Instead of giving us advice on how to use Stoic principles to live a better life, Holiday and Hanselman give us actual examples of people who lived by the principles and the results they got. If you are serious about practicing Stoicism, you will get… show more.

In The Practicing Stoic, Ward Farnsworth has collected a wide range of Stoic and Stoicism-adjacent quotes into one place, each categorized by subject, and in so doing he has given every seeker of wisdom a true gift. Need advice concerning emotional health, overcoming adversity, dealing with wealth, or even the topic of death? The Practicing Stoic contains practical, timeless wisdom on every page. On my first reading, it felt like I was moving through years of my own journals, notebooks, and highlighted pages, except everything was conveniently organized rather than frustratingly scattered about. Farnsworth also lends us his own insights in this collection, as he expounds on the Stoic worldview while weaving together the many excerpts he has collected for us. The Practicing Stoic is a book I often find reason to return to, and it’s worth having on your shelf.

Musonius was a celebrated teacher who was thrice banished from Rome. He would often turn would-be students away, explaining to a young Epictetus that “the more one pushes the intelligent person away from the life he was born for, the more he inclines towards it.” His school, he often said, was not some concert hall, where people come to be entertained, but a hospital, where they come, in trepidation, to be treated. Thus, he measured the success of his lectures not by the applause that they received, but by the shock and awe to which they gave rise. The twenty-one lectures preserved in Stobaeus were recorded by one of his students. They are full of practical, everyday advice aimed at instilling virtue, and include a lecture on household furnishings and even one on hair.

You might be thinking, what is a philosophy book doing on a list of books to make me a better investor?

Here’s a bit of a secret about investing; learning the technical details about how to build a portfolio is the easy part. The hard part is staying cool during market crashes, bear markets, and recessions. The easiest way to lose money as an investor is to panic sell at the worst possible time.

The philosophy of stoicism is defined by focusing our attention on only the things we can control and making peace with the things we can’t. That is also the definition of a great long-term investor. You can’t control the markets but you can control how you react.