Why am I passionate about this?
In my first year as an undergraduate in computer science at the University of Illinois, I took two classes that set the course for my 54-year career (6 years at TRW Systems aerospace firm, and 48 years teaching at Harvard and Princeton Universities): 1) introduction to optimization, and 2) computer algorithms. These topics continue to fascinate me, especially as they relate to improving investment performance via modern optimization technology and data sciences. Optimization plays a critical role in many domains, including supply chains, quantitative finance, and machine learning algorithms. Everyone interested in improving performance ought to understand the successful uses of this proven technology.
John's book list on how to achieve your financial goals
Why did John love this book?
There is much evidence that individuals often suffer from inertia when it comes to making significant decisions – including investment choices.
This engaging book by Professor Milkman at the Wharton School aims to create a climate in which “change” can be accomplished in an efficient, systematic, and relatively painless way. There are numerous examples of improvements by both individuals and organizations. This highly readable book is a must for anyone interested in creating and sustaining positive change habits, for example, to encourage increased savings and systematic investment policies.
Professor Milkman is one of our successful undergraduate alums and participates on the advisor committee of the ORFE Department at Princeton. She is a terrific teacher and writer. The lessons in this book are most appropriate for investors who are interested in establishing and maintaining sound habits to improve their investment performance.
4 authors picked How to Change as one of their favorite books, and they share why you should read it.
'Game-changing. Katy Milkman shows in this book that we can all be a super human' Angela Duckworth, bestselling author of Grit
How to Change is a powerful, groundbreaking blueprint to help you - and anyone you manage, teach or coach - to achieve personal and professional goals, from the master of human nature and behaviour change and Choiceology podcast host Professor Katy Milkman.
Award-winning Wharton Professor Katy Milkman has devoted her career to the study of behaviour change. An engineer by training, she approaches all challenges as problems to be solved and, with this mind-set, has drilled into the roadblocks…