Fans pick 100 books like Victims of Groupthink

By Irving Lester Janis,

Here are 100 books that Victims of Groupthink fans have personally recommended if you like Victims of Groupthink. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

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Book cover of Wiped Out. How I Lost a Fortune in the Stock Market While the Averages Were Making New Highs

Robert R. Prechter Jr. Author Of The Socionomic Theory of Finance

From my list on finance that throws cold water on your face.

Why am I passionate about this?

I have produced twenty books/DVDs and three academic papers on finance and social-mood theory. I also write a monthly publication on markets titled The Elliott Wave Theorist. For a bio, visit robertprechter.com. My recommended titles convey financial markets’ nonrational nature in a visceral way. If you understand that feature, if you feel it, you will have a fighting chance to succeed at investing.

Robert's book list on finance that throws cold water on your face

Robert R. Prechter Jr. Why did Robert love this book?

This is one of my favorite books because rather than observing the follies of others, this author details his own. Reading it is like watching a tragedy when you already know the well-meaning protagonist is going to die.

The author chose to remain anonymous for obvious reasons: He thought he was a rare fool. But getting wiped out happens all the time, to many people. If you want to experience vicariously a dangerous thrill ride that you may or may not already have taken, this is your ticket. The book is out of print and hard to find.

By Anonymous,

Why should I read it?

1 author picked Wiped Out. How I Lost a Fortune in the Stock Market While the Averages Were Making New Highs as one of their favorite books, and they share why you should read it.

What is this book about?

This is the totally galvanizing confession of an amateur investor who at first made money in the stock market and then tried to make money faster.... With a directness that startles, with specific references to specific stock transactions, with an abundance of detail unique in investment literature, the author takes the reader on a devastating roller-coaster ride through the market. From the "hot" tip and the impulsive phone-order to buy or sell, to the verdict in next morning's financial pages; from the chase after people who "know their way around," to the frantic switching of brokers and systems; from the…


Book cover of One-Way Pockets: The Book of Books on Wall Street Speculation

Robert R. Prechter Jr. Author Of The Socionomic Theory of Finance

From my list on finance that throws cold water on your face.

Why am I passionate about this?

I have produced twenty books/DVDs and three academic papers on finance and social-mood theory. I also write a monthly publication on markets titled The Elliott Wave Theorist. For a bio, visit robertprechter.com. My recommended titles convey financial markets’ nonrational nature in a visceral way. If you understand that feature, if you feel it, you will have a fighting chance to succeed at investing.

Robert's book list on finance that throws cold water on your face

Robert R. Prechter Jr. Why did Robert love this book?

Over 100 years ago, a stockbroker wondered why his clients lost money over a full cycle in the stock market. After all, if stocks were back to where they started, shouldn’t they have broken even? He found that at bottoms, investors were cautious short-term traders, whereas at tops, they were confident long-term owners.

This little booklet is available inexpensively on Amazon.

By Don Guyon,

Why should I read it?

1 author picked One-Way Pockets as one of their favorite books, and they share why you should read it.

What is this book about?

The circulation of a mere rumor that the Morgan interests are accumulating Steel or that the Standard Oil crowd is getting out of St. Paul is sure at any time to create a market following. Most of the tips that are hawked about the Street are based on the supposition that somebody-or-other of consequence is buying or selling certain stocks. I do not know of a single case where anyone has been able to make money consistently by following information of this character, even when the information comes to him first hand. -from "A Speculative Decision" In 1917, an insider…


Book cover of The Crowd: A Study of the Popular Mind

Michael F. Schein Author Of The Hype Handbook: 12 Indispensable Success Secrets From the World's Greatest Propagandists, Self-Promoters, Cult Leaders, Mischief Makers, and Boundary Breakers

From my list on get people to do what you want.

Why am I passionate about this?

After years of struggling to start my own business, I had a revelation that changed everything for me. The best marketers weren’t marketers—they were resourceful punks, propagandists, cult leaders, and other assorted riff-raff. I began to adopt their tactics, and I started having some success—first as a freelance copywriter and then as a marketing agency owner. Ever since, I’ve been obsessed by the weird psychology we fall into when we’re with other humans and how people can hack that psychology to make others do what they want. 

Michael's book list on get people to do what you want

Michael F. Schein Why did Michael love this book?

It was during the earliest days of the first Trump campaign, and I was reading this one-hundred-plus-year-old book with one of the first debates playing in the background. It felt like he had used this book as his operating manual (although I'm almost positive he never read it). When I got home, I started telling my friends, "I think this guy could win." They thought I was crazy. The rest was history.

This book is the definition of timeless. Le Bon was remarkably perceptive about what makes groups of people react in certain ways and how leaders can get them to do their bidding. 

By Gustave Le Bon,

Why should I read it?

2 authors picked The Crowd as one of their favorite books, and they share why you should read it.

What is this book about?

One of the most influential works of social psychology in history, The Crowd was highly instrumental in creating this field of study by analyzing, in detail, mass behavior. The book had a profound impact not only on Freud but also on such twentieth-century masters of crowd control as Hitler and Mussolini — both of whom may have used its observations as a guide to stirring up popular passions. In the author's words, "The masses have never thirsted after the truth. Whoever can supply them with illusions is easily their master; whoever attempts to destroy their illusions is always their victim."…


Book cover of Perception and Misperception in International Politics

Christopher J. Fettweis Author Of The Pursuit of Dominance: 2000 Years of Superpower Grand Strategy

From my list on unconventional stories on US national security.

Why am I passionate about this?

I’m a political scientist who specializes in US foreign policy. I’ve been interested in war and peace – and avoiding the former – for as long as I can remember. More than anything else, I wish I could convince Americans of how safe they are, relatively speaking, and how safe they can remain if only we make wise decisions moving forward. The future is brighter than we think.

Christopher's book list on unconventional stories on US national security

Christopher J. Fettweis Why did Christopher love this book?

The current war in Ukraine cannot be understood without reference to the rampant misunderstandings and misperceptions that animate both sides. 

This book is the bible of misperception, and for my money, the greatest book ever written about international politics. In it, Jervis explains how countries rarely understand one another; misperception is the rule in national security, not the exception. And those misperceptions all point in one direction: They make other actors appear more belligerent than they are.

Because of predictable psychological processes, we tend to think that they can’t be trusted....and as a result, cycles of hostility and misperception follow. And finally, war.

If I could get presidents to read one book of political science, this would be it.

By Robert Jervis,

Why should I read it?

1 author picked Perception and Misperception in International Politics as one of their favorite books, and they share why you should read it.

What is this book about?

Since its original publication in 1976, Perception and Misperception in International Politics has become a landmark book in its field, hailed by the New York Times as "the seminal statement of principles underlying political psychology." This new edition includes an extensive preface by the author reflecting on the book's lasting impact and legacy, particularly in the application of cognitive psychology to political decision making, and brings that analysis up to date by discussing the relevant psychological research over the past forty years. Jervis describes the process of perception (for example, how decision makers learn from history) and then explores common…


Book cover of Selling the Korean War: Propaganda, Politics, and Public Opinion in the United States, 1950-1953

Andrew Payne Author Of War on the Ballot: How the Election Cycle Shapes Presidential Decision-Making in War

From my list on the politics of war.

Why am I passionate about this?

I take great pride in having somehow turned a passion for visiting presidential libraries into an academic career. I’ve now conducted extensive research at eight of them, and have future projects lined up to get me to the rest. This experience means I can and frequently do ruin family gatherings by challenging distant relations to quizzes about obscure details involving presidential pets. But it has also left me well-placed to write a number of articles and books exploring how domestic politics shapes the development and execution of U.S. foreign policy. I’ve done this while affiliated with the University of Oxford and, more recently, at City, University of London. 

Andrew's book list on the politics of war

Andrew Payne Why did Andrew love this book?

If you want to go a little deeper, you can’t do much better than this outstanding study of how Harry Truman and Dwight Eisenhower sought to sustain public support for the Korean War.

Written by a historian who knows his sources like the back of his hands, this book is jam-packed with evidence of the ways in which presidents try to control the narrative about an ongoing war. And beyond its impressive use of archival materials, it also challenges the conventional wisdom about a president’s ability to lead public opinion using the “bully pulpit.”

Presidents can and do try to do that. But the Korean case illuminates the unique challenges of selling a limited war, in which the administration struggled to calibrate its mobilization campaign with the complex politics of waging war. 

By Steven Casey,

Why should I read it?

1 author picked Selling the Korean War as one of their favorite books, and they share why you should read it.

What is this book about?

How presidents spark and sustain support for wars remains an enduring and significant problem. Korea was the first limited war the U.S. experienced in the contemporary period - the first recent war fought for something less than total victory. In Selling the Korean War, Steven Casey explores how President Truman and then Eisenhower tried to sell it to the American public.

Based on a massive array of primary sources, Casey subtly explores the government's selling activities from all angles. He looks at the halting and sometimes chaotic efforts of Harry Truman and Dean Acheson, Dwight Eisenhower and John Foster Dulles.…


Book cover of An Age of Neutrals

Edward Corse Author Of Propaganda and Neutrality

From my list on neutral countries shaping the world in war times.

Why am I passionate about this?

My interest in propaganda and neutrality was sparked by a study I conducted on British-Irish relations during the Second World War. I was fascinated by the role of press attaché John Betjeman and the way he navigated Irish censorship restrictions, making me question what propaganda was and what could be effective. I later expanded my research to consider British propaganda in other neutrals during the Second World War in A Battle for Neutral Europe; recently co-convened an international conference on propaganda and neutrality to bring together experts across the world. I am now working on a new book about British propaganda in neutral Turkey in the Second World War.

Edward's book list on neutral countries shaping the world in war times

Edward Corse Why did Edward love this book?

I think Maartje’s book has been transformational in the study of neutrality. As she rightly points out, the study of neutrals has been skewed by more modern ideas of neutrality being a passive concept. It shows that in the nineteenth century, it was held in ‘high regard’ in diplomacy and statecraft. She superbly describes how neutrality, far from being a sideshow outside of the main events, was at the center of political thinking and shaping of the period between the Vienna Congress and the First World War.

I like how Maartje shows that neutrality after the Napoleonic Wars was self-serving. States avoided conflicts that they did not need to enter, and overall, this prevented any conflicts that did arise (such as the Crimean War) from becoming wider European conflagrations. Some states, like Belgium, were ‘neutralized’ by the larger, more powerful states to avoid conflict, whereas other countries actively sought neutralization…

By Maartje Abbenhuis,

Why should I read it?

1 author picked An Age of Neutrals as one of their favorite books, and they share why you should read it.

What is this book about?

An Age of Neutrals provides a pioneering history of neutrality in Europe and the wider world between the Congress of Vienna and the outbreak of the First World War. The 'long' nineteenth century (1815-1914) was an era of unprecedented industrialization, imperialism and globalization; one which witnessed Europe's economic and political hegemony across the world. Dr Maartje Abbenhuis explores the ways in which neutrality reinforced these interconnected developments. She argues that a passive conception of neutrality has thus far prevented historians from understanding the high regard with which neutrality, as a tool of diplomacy and statecraft and as a popular ideal…


Book cover of International Relations in the Ancient Near East, 1600-1100 BC

Alejandro Jiménez Serrano Author Of Descendants of a Lesser God: Regional Power in Old and Middle Kingdom Egypt

From my list on Ancient Egypt from a peripheral perspective.

Why am I passionate about this?

The Egyptology permits me to make an approach to the human past. Although there were many different cultures from which the current society is heir, the survival of innumerable written documents from ancient Egypt together with the good conservation of the archaeological material, give us the possibility to feel closer to the humans who lived in the Nile Valley thousands of years ago.

Alejandro's book list on Ancient Egypt from a peripheral perspective

Alejandro Jiménez Serrano Why did Alejandro love this book?

I have chosen this work for the Egyptology list because Ancient Egypt must be ideally analyzed into a regional context, which overpasses its borders. In this sense, the present work is a magnificent example of how all the cultures of the Near East were integrated within a network of more or less fluid contacts.

Professor Liverani's work shows the mastery of the great scholar who knows all the sources and analyzes them from a new diplomatic, economic, anthropological, and political perspective.

By Mario Liverani,

Why should I read it?

1 author picked International Relations in the Ancient Near East, 1600-1100 BC as one of their favorite books, and they share why you should read it.

What is this book about?

The ancient civilizations of the Near East - Egypt, Assyria, Babylonia, the Hittites and Canaanites - constituted the first formalized international relations system in world history. Holy wars, peace treaties, border regulations, trade relations and the extradition of refugees were problems for contemporary ambassadors and diplomats as they are today. Mario Liverani reconstructs the procedures of international relations in the period c.1600-1100BC using historical semiotics, communication theory and economic and political anthropology.


Book cover of U.S.-Taiwan Relations: Will China's Challenge Lead to a Crisis?

Warren I. Cohen Author Of East Asia at the Center: Four Thousand Years of Engagement with the World

From my list on understanding the coming war with China.

Why am I passionate about this?

I’ve spent all of my adult life writing about American foreign policy, especially Chinese-American relations.  My America’s Response to China, the standard text on the subject, has gone through 6 editions. I served as a line officer in the Pacific Fleet, lived in Taipei and Beijing. I also served as chairman of the State Department Advisory Committee on Historical Diplomatic Documentation and have been a consultant on Chinese affairs to various government organizations. And I cook the best mapo toufu outside of Sichuan. (where I negotiated the Michigan-Sichuan sister-state relationship in 1982). It was probably my love of Chinese food that accounts for most of the above.

Warren's book list on understanding the coming war with China

Warren I. Cohen Why did Warren love this book?

The authors are three of the best analysts of Chinese affairs in Washington today. Bush is the leading authority on Taiwan, having been responsible for relations between the U.S. and Taiwan for many years when in government service. 

He and Bonnie Glaser are long-time friends whose judgments have served me well in my own work over the last 20-30 years, especially with recent editions of my book. Glaser is widely regarded to have the best sources in Beijing and her predictions of PRC behavior are constantly on the mark. Hass served on the National Security Council during the Obama years and is now at Brookings.  

By Ryan Hass, Bonnie Glaser, Richard Bush

Why should I read it?

1 author picked U.S.-Taiwan Relations as one of their favorite books, and they share why you should read it.

What is this book about?

Anxiety about China’s growing military capabilities to threaten Taiwan has induced alarm in Washington about whether the United States remains capable of deterring attempts to seize Taiwan by force. This alarm has fed American impulses to alter longstanding policy, and to increasingly view challenges confronting Taiwan through a military lens. While Taiwan clearly is under growing military threat, it also is facing a simultaneous and intensifying Chinese political campaign to wear down the will of the Taiwan people. This latter line of effort receives less attention, but left unaddressed, has the potential to do far more damage to American interests.…


Book cover of The Last Lion: Winston Spencer Churchill: Alone, 1932-1940

Martin Dugard Author Of Taking London: Winston Churchill and the Fight to Save Civilization

From my list on fighter pilots Winston Churchill Battle of Britain.

Why am I passionate about this?

Let me tell you a story. Once upon a time, there was a young boy who made model airplanes and hung them on his bedroom ceiling with fishing lines and thumbtacks as if the planes were dogfighting. The aircraft were inspired by a movie called The Battle of Britain and were the same Messerschmitts, Spitfires, and Hurricanes. The boy grew up and began writing books for a living, making it his mission to help people love history as much as he did. One day, it dawned on him to write about his long-ago planes and their epic battle. I am that boy, and that's when I wrote my book. 

Martin's book list on fighter pilots Winston Churchill Battle of Britain

Martin Dugard Why did Martin love this book?

I write stories about famous people and moments in history. I like to strip down the narrative and make history read like a top-notch thriller. But to do that, I need to stand on the shoulders of authors who devoted ten or a dozen years to researching and writing the detailed lives of a subject they adore. I do not have the attention span to spend so long on one character.

I love this book because William Manchester (and Paul Reid, who stepped in to finish the book when Manchester died) loves Winston Churchill. What he wore, how he spoke, who he loved, what he drank. It is hundreds of pages of gorgeous detail, waiting for a long winter’s reading night. 

By William Manchester,

Why should I read it?

2 authors picked The Last Lion as one of their favorite books, and they share why you should read it.

What is this book about?

This is the second in William Manchester's masterly 3 volume life of Winston Churchill. It contests the favoured view that Churchill's finest hour was as Britain's wartime leader, viewing his greatest period as a statesman during 1932 to 1940, ignored in Parliament and disowned by the social and political establishment as a warmonger, he stood his ground, both in the Commons and outside of it, maintaining his principles until ultimately he succeeded in drawing the country behind him. He is seen as a man with limitations who could be unkind and callous, indiscreet and reckless to the point of foolhardiness…


Book cover of Extraordinary Popular Delusions and the Madness of Crowds
Book cover of Wiped Out. How I Lost a Fortune in the Stock Market While the Averages Were Making New Highs
Book cover of One-Way Pockets: The Book of Books on Wall Street Speculation

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