61 books like The Black Swan

By Nassim Nicholas Taleb,

Here are 61 books that The Black Swan fans have personally recommended if you like The Black Swan. Shepherd is a community of 10,000+ authors and super readers sharing their favorite books with the world.

Shepherd is reader supported. When you buy books, we may earn an affiliate commission.

Book cover of Where Are the Customers' Yachts? Or a Good Hard Look at Wall Street

Victor Haghani Author Of The Missing Billionaires: A Guide to Better Financial Decisions

From my list on intelligent financial decision-making in less than 200 pages.

Why am I passionate about this?

I have over four decades of experience working and innovating in the financial markets and have been a prolific contributor to academic and practitioner finance literature. I started my career at Salomon Brothers in 1984, where I became a managing director in the bond-arbitrage group, and in 1993 I was a co-founding partner of the hedge fund Long-Term Capital Management. I founded Elm Wealth in 2011 to help clients, including my own family, manage and preserve their wealth with a thoughtful, research-based, and cost-effective approach that covers not just investment management but also broader decisions about wealth and finances.

Victor's book list on intelligent financial decision-making in less than 200 pages

Victor Haghani Why did Victor love this book?

I loved this timeless classic. This book gets down to the essence of how to safely navigate Wall Street, where everyone wants a slice of your financial pie. It’s a quick and hilarious read that challenges the conventional investment wisdom that Wall Street tries to get you to believe.

You’ll become a more savvy and skeptical investor and avoid costly mistakes in your financial life. I gave a copy of this book to all my three children, and they loved it too!

By Fred Schwed,

Why should I read it?

4 authors picked Where Are the Customers' Yachts? Or a Good Hard Look at Wall Street as one of their favorite books, and they share why you should read it.

What is this book about?

'Once I picked it up I did not put it down until I finished...What Schwed has done is capture fully-in deceptively clean language - the lunacy at the heart of the investment business' - From the Foreword by Michael Lewis, Bestselling author of "Liar's Poker". '...one of the funniest books ever written about Wall Street' - Jane Bryant Quinn, "The Washington Post". 'How great to have a reissue of a hilarious classic that proves the more things change the more they stay the same. Only the names have been changed to protect the innocent' - Michael Bloomberg. 'It's amazing how…


Book cover of The Great Transformation: The Political and Economic Origins of Our Time

Michael Zakim Author Of Accounting for Capitalism: The World the Clerk Made

From my list on modern capitalist economy.

Why am I passionate about this?

As both a scholar and a citizen I have spent my adult life seeking to better understand the dynamics of power, especially power wielded in flagrantly unjust fashion in societies otherwise founded on notions of life, liberty, and happiness for all. This has led me to study the history of the economy, not just as a material but as a cultural system that encodes the categories of modern life:  self and society, private and public, body and soul, and needs and desires.

Michael's book list on modern capitalist economy

Michael Zakim Why did Michael love this book?

The Great Transformation, in which Karl Polanyi explores “the political and economic origins of our time,” is arguably the most important history of the economy ever written. 

Polanyi published his study during the dark times of the twentieth century in an attempt to trace the origins of modern fascism (a task that has lost none of its relevance in the twenty-first century). He located those origins in the industrial transformation of land, labor, and money – the foundations of social existence – into full-fledged commodities, that is to say, into ephemeral vehicles of profit. 

The resulting market society, touted by liberals as the source of universal freedom and equality, brought personal and communal disaster for those less advantageously positioned to compete in the new economy. The price, Polanyi argues, has been catastrophic.

By Karl Polanyi,

Why should I read it?

11 authors picked The Great Transformation as one of their favorite books, and they share why you should read it.

What is this book about?

In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the "great transformation" of the Industrial Revolution. His analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism. New introductory material reveals the renewed importance of Polanyi's seminal analysis in an era of globalization and free trade.


Book cover of The Righteous Mind: Why Good People Are Divided by Politics and Religion

Larry Cahoone Author Of The Emergence of Value: Human Norms in a Natural World

From my list on history and science books that tell us who we are now.

Why am I passionate about this?

A philosophy professor, my central interest has always been something historical: what is going on in this strange modern world we live in? Addressing this required forty years of background work in the natural sciences, history, social sciences, and the variety of contemporary philosophical theories that try to put them all together. In the process, I taught philosophy courses on philosophical topics, social theory, and the sciences, wrote books, and produced video courses, mostly focused on that central interest. The books listed are some of my favorites to read and to teach. They are crucial steps on the journey to understand who we are in this unprecedented modern world.

Larry's book list on history and science books that tell us who we are now

Larry Cahoone Why did Larry love this book?

Best recent book examining human morality from a scientific, psychological point of view.

Darwinians used to think humans had to be selfish and immoral. Contemporary evolution argues the opposite, that humans evolved moral limits on our selfishness in order to live together. Haidt’s is the best book presenting this new evolutionary psychology.

But it goes further to connect those scientific issues with contemporary politics, explaining why people from “red” and “blue” states cannot understand each other: they each embody a short list of human moral values, but different ones. This is a great book for thinking carefully about human morality and contemporary politics. Students love it, and so do I. 

By Jonathan Haidt,

Why should I read it?

16 authors picked The Righteous Mind as one of their favorite books, and they share why you should read it.

What is this book about?

'A landmark contribution to humanity's understanding of itself' The New York Times

Why can it sometimes feel as though half the population is living in a different moral universe? Why do ideas such as 'fairness' and 'freedom' mean such different things to different people? Why is it so hard to see things from another viewpoint? Why do we come to blows over politics and religion?

Jonathan Haidt reveals that we often find it hard to get along because our minds are hardwired to be moralistic, judgemental and self-righteous. He explores how morality evolved to enable us to form communities, and…


Book cover of Mindset: The New Psychology of Success

Why am I passionate about this?

Fascinated with consciousness, spirituality, and the power of mind, I started reading books by Thich Nhat Hahn, Wayne Dyer, Deepak Chopra, and Alan Watts as early as 5th grade. But I was also infatuated with math and logic, which led to a degree in mathematics at UC Berkeley. Knowing there was more to understanding truth beyond logic, I balanced out my worldview with an M.A. in transpersonal psychology. For more than twenty years, I have passionately devoted myself to the study and practice of transformation. As a certified coach using expertise in interpersonal neurobiology, design thinking, and Conversational Intelligence®, I have provided thousands of transformative experiences for individuals, executives, teams, and organizations. 

Amy's book list on personal growth books that use more logic and science than New Age thinking to overcome self-imposed limitations and flourish

Amy Eliza Wong Why did Amy love this book?

This book is the one I’ve recommended the most to friends, family, and clients. In fact, I had a sales team I was coaching read it as an exercise, and it completely transformed their way of working!

I live for distinctions, and Dweck’s distinction between growth mindset and fixed mindset is so simple, so obvious, and yet so profound it transformed the way I endeavor to take risks, show up in life, be in relationships, and parent my children. I thought I understood what these mindsets were just by the names of them, but the subtleties and the nuance blew me away. The implications are deep! Dweck makes the invisible visible about why we thrive and why we suffer in certain aspects of our lives, clearly mapping our suffering and freedom to either being focused on inherent worth or process.

I love that she uses multiple categories (sports, business, relationships,…

By Carol S. Dweck,

Why should I read it?

14 authors picked Mindset as one of their favorite books, and they share why you should read it.

What is this book about?

From the renowned psychologist who introduced the world to “growth mindset” comes this updated edition of the million-copy bestseller—featuring transformative insights into redefining success, building lifelong resilience, and supercharging self-improvement.

“Through clever research studies and engaging writing, Dweck illuminates how our beliefs about our capabilities exert tremendous influence on how we learn and which paths we take in life.”—Bill Gates, GatesNotes

“It’s not always the people who start out the smartest who end up the smartest.”

After decades of research, world-renowned Stanford University psychologist Carol S. Dweck, Ph.D., discovered a simple but groundbreaking idea: the power of mindset. In this…


Book cover of Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones

Havard Mela Author Of How to Thrive in the 21st Century: By Avoiding Porn and Other Distractions

From my list on porn addiction.

Why am I passionate about this?

As someone who has felt the consequences of spending too much time online on distractions, I am compelled to share how much better life can be when we are conscious of the time we spend online. In my early twenties, I experienced digital addiction. I managed to turn things around by cultivating discipline and finding purpose in life. In the process, I developed a deep interest in neuroscience and psychology. My book explains how you can take conscious control of your life in a practical way based on my experience backed up by research.

Havard's book list on porn addiction

Havard Mela Why did Havard love this book?

This book is not a book that covers porn addiction, but it is a great book for understanding and creating new habits. This will be of great value to you if you want to stop watching porn.

I got a lot of value from reading this book; it is one of the books that can improve your life, no matter your situation. 

By James Clear,

Why should I read it?

22 authors picked Atomic Habits as one of their favorite books, and they share why you should read it.

What is this book about?

The #1 New York Times bestseller. Over 4 million copies sold!

Tiny Changes, Remarkable Results

No matter your goals, Atomic Habits offers a proven framework for improving--every day. James Clear, one of the world's leading experts on habit formation, reveals practical strategies that will teach you exactly how to form good habits, break bad ones, and master the tiny behaviors that lead to remarkable results.

If you're having trouble changing your habits, the problem isn't you. The problem is your system. Bad habits repeat themselves again and again not because you don't want to change, but because you have the…


Book cover of The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

Victor Haghani Author Of The Missing Billionaires: A Guide to Better Financial Decisions

From my list on intelligent financial decision-making in less than 200 pages.

Why am I passionate about this?

I have over four decades of experience working and innovating in the financial markets and have been a prolific contributor to academic and practitioner finance literature. I started my career at Salomon Brothers in 1984, where I became a managing director in the bond-arbitrage group, and in 1993 I was a co-founding partner of the hedge fund Long-Term Capital Management. I founded Elm Wealth in 2011 to help clients, including my own family, manage and preserve their wealth with a thoughtful, research-based, and cost-effective approach that covers not just investment management but also broader decisions about wealth and finances.

Victor's book list on intelligent financial decision-making in less than 200 pages

Victor Haghani Why did Victor love this book?

I loved how this “Little Book" gets right to the point and explains why every investor should include low-cost index ETFs in their portfolios. This is a great guide for beginners and old hands alike. It is a book devoted to simplicity.

I loved Bogle’s “Cost Matters Hypothesis” which is simpler and more relevant than the also important “Efficient Markets Hypothesis” that is taught in Finance 101 classes. 

I felt this book empowered me to take control of my financial life. It’s a book I always recommend to people who are looking to improve their financial lives. I learned a lot from Vanguard founder John Bogle's 80+ years of experience and wisdom. Invest just 60 minutes in this book and reap a lifetime of informed, confident investing decisions.

By John C. Bogle,

Why should I read it?

6 authors picked The Little Book of Common Sense Investing as one of their favorite books, and they share why you should read it.

What is this book about?

The best-selling index investing "bible" offers new information and is updated to reflect the latest market data The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund veteran John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks the S&P 500 Stock Index. Such an index portfolio is the only investment that guarantees your fair share of…


Book cover of Tristram Shandy

William Caferro Author Of Petrarch's War: Florence and the Black Death in Context

From my list on economic history and testing assumptions.

Why am I passionate about this?

I began this veil as a mathematics major and a first generation college student. It was not easy and I had no great plans or ambitions. I was good at math. But as I read books like these, and many others, I changed my horizons altogether, saw a place for myself and a purpose previously lacking. Economic History resembles my first love of math, but with persons and human behavior included. The latter is endlessly fascinating, as is the tendency of “experts” to misread and make broad assumptions that I, ever skeptical, wish to test where I can. I like being engaged intellectually for its own sake, and, from books like Tristram Shandy, have always endeavored to take my work seriously, but not myself as a human being.

William's book list on economic history and testing assumptions

William Caferro Why did William love this book?

It is a novel and a prolonged non-sequitur about life and worldly existence that speaks to me both as a person and as a professional. I read it in college and was astounded by the psychological depth and whimsy. “A cock and bull story, but one of the best…I have ever heard.” I think of that line from Sterne when I write my own work or read others; 

By Laurence Sterne,

Why should I read it?

1 author picked Tristram Shandy as one of their favorite books, and they share why you should read it.

What is this book about?

With a new Introduction by Cedric Watts, Research Professor of English, University of Sussex.

Laurence Sterne's The Life and Opinions of Tristram Shandy, Gentleman is a huge literary paradox, for it is both a novel and an anti-novel. As a comic novel replete with bawdy humour and generous sentiments, it introduces us to a vivid group of memorable characters, variously eccentric, farcical and endearing. As an anti-novel, it is a deliberately tantalising and exuberantly egoistic work, ostentatiously digressive, involving the reader in the labyrinthine creation of a purported autobiography.

This mercurial eighteenth-century text thus anticipates modernism and postmodernism. Vibrant and…


Book cover of The Passions and the Interests: Political Arguments for Capitalism Before Its Triumph

William Caferro Author Of Petrarch's War: Florence and the Black Death in Context

From my list on economic history and testing assumptions.

Why am I passionate about this?

I began this veil as a mathematics major and a first generation college student. It was not easy and I had no great plans or ambitions. I was good at math. But as I read books like these, and many others, I changed my horizons altogether, saw a place for myself and a purpose previously lacking. Economic History resembles my first love of math, but with persons and human behavior included. The latter is endlessly fascinating, as is the tendency of “experts” to misread and make broad assumptions that I, ever skeptical, wish to test where I can. I like being engaged intellectually for its own sake, and, from books like Tristram Shandy, have always endeavored to take my work seriously, but not myself as a human being.

William's book list on economic history and testing assumptions

William Caferro Why did William love this book?

The book is, like the others I have recommended, decidedly distinctive and untraditional. It traces the convoluted history of capitalist thought prior to its advent (which is itself the subject of ceaseless debate). Reducing forces to “passion” and “order” made me look at a complicated subject in a new way.

By Albert O. Hirschman,

Why should I read it?

1 author picked The Passions and the Interests as one of their favorite books, and they share why you should read it.

What is this book about?

In this volume, Albert Hirschman reconstructs the intellectual climate of the seventeenth and eighteenth centuries to illuminate the intricate ideological transformation that occurred, wherein the pursuit of material interests--so long condemned as the deadly sin of avarice--was assigned the role of containing the unruly and destructive passions of man. Hirschman here offers a new interpretation for the rise of capitalism, one that emphasizes the continuities between old and new, in contrast to the assumption of a sharp break that is a common feature of both Marxian and Weberian thinking. Among the insights presented here is the ironical finding that capitalism…


Book cover of The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor

Liah Greenfeld Author Of The Spirit of Capitalism: Nationalism and Economic Growth

From my list on the relationship between capitalism and nationalism.

Why am I passionate about this?

The Spirit of Capitalism: Nationalism and Economic Growth is the second volume of my nationalism trilogy. When I published the first volume, Nationalism: Five Roads to Modernity, the accepted view on the subject of nationalism was that it is a product of economic development, specifically, of industrialization and capitalism. On the basis of historical evidence, I proved that its emergence had nothing to do with these economic phenomena: in fact, it preceded both. Reviews of Nationalism, noting that, for this reason, economic developments could not have caused nationalism, raised the question what relationship, then, did exist between nationalism and the economy, and this led me to investigate it. 

Liah's book list on the relationship between capitalism and nationalism

Liah Greenfeld Why did Liah love this book?

This book is a rare attempt by an eminent economic historian to examine cultural determinants of economic growth and answer the question why it happens, which distinguishes it sharply from the discipline’s exclusive focus on how it proceeds.

Landes, in other words, disentangles the explanation of causes from the preoccupation with the process, which is why I recommend this book.

By David S. Landes,

Why should I read it?

4 authors picked The Wealth and Poverty of Nations as one of their favorite books, and they share why you should read it.

What is this book about?

Now that the old division of the world into the two power blocs of East and West has subsided, the great gap in wealth and health that separates North and South remains the single greatest problem and danger facing the world of the Third Millennium. The only challenge of comparable scope and difficulty is the threat of the environmental deterioration, and the two are intimately connected, indeed are one. David Landes argues that the North-South division is the great drama of our times, and that drama implies tension, passion, conflict and disappointment as well as happy outcomes. While Landes does…


Book cover of Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy

Manil Suri Author Of The Big Bang of Numbers: How to Build the Universe Using Only Math

From my list on to make you fall in love with mathematics.

Why am I passionate about this?

I’m a mathematics professor who ended up writing the internationally bestselling novel The Death of Vishnu (along with two follow-ups) and became better known as an author. For the past decade and a half, I’ve been using my storytelling skills to make mathematics more accessible (and enjoyable!) to a broad audience. Being a novelist has helped me look at mathematics in a new light, and realize the subject is not so much about the calculations feared by so many, but rather, about ideas. We can all enjoy such ideas, and thereby learn to understand, appreciate, and even love math. 

Manil's book list on to make you fall in love with mathematics

Manil Suri Why did Manil love this book?

A primary reason to love math is because of its usefulness. This book shows two sides of math’s applicability, since it is so ubiquitously used in various algorithms.

On the one hand, such usage can be good, because statistical inferences can make our life easier and enrich it. On the other, when these are not properly designed or monitored, it can lead to catastrophic consequences. Mathematics is a powerful force, as powerful as wind or fire, and needs to be harnessed just as carefully.

Cathy O’Neil’s message in this book spoke deeply to me, reminding me that I need to be always vigilant about the subject I love not being deployed carelessly.  

By Cathy O’Neil,

Why should I read it?

11 authors picked Weapons of Math Destruction as one of their favorite books, and they share why you should read it.

What is this book about?

'A manual for the 21st-century citizen... accessible, refreshingly critical, relevant and urgent' - Financial Times

'Fascinating and deeply disturbing' - Yuval Noah Harari, Guardian Books of the Year

In this New York Times bestseller, Cathy O'Neil, one of the first champions of algorithmic accountability, sounds an alarm on the mathematical models that pervade modern life -- and threaten to rip apart our social fabric.

We live in the age of the algorithm. Increasingly, the decisions that affect our lives - where we go to school, whether we get a loan, how much we pay for insurance - are being made…


5 book lists we think you will like!

Interested in data science, data processing, and statistics?

10,000+ authors have recommended their favorite books and what they love about them. Browse their picks for the best books about data science, data processing, and statistics.

Data Science Explore 24 books about data science
Data Processing Explore 25 books about data processing
Statistics Explore 27 books about statistics