The best books about risk

I’ve been an independent investor for nearly 25 years. In my previous life as an employee, I was a research actuary for a firm of pension consultants, and then a university lecturer. I left my last academic job at the age of 35 because I had made enough money to survive, and freedom was worth more to me than a salary. FIRE (Financial Independence – Retire Early) is what it’s called these days, but with two differences. First, I’m not retired: I spend most of my time on investing, but entirely on my own terms. Second, and relatedly, I’m an active investor, albeit a cheap one, nearly as cheap as an index fund.

Since completing my PhD in political economy (dissertation: ‘International Integration and Foreign Policy Decision-making’) I have gone deeper into economic origins of change (eg. Modern Inflation, coauthored with well-known economist Wilhelm Hankel in Bologna, Italy at Johns Hopkins SAIS) and find the interactions between economic, politics, and psychology fascinating—presenting an infinite number of ‘Sherlock Holmes-like puzzles’. We are all now confronted with political, economic, and psychological uncertainties, put on high speed due to the war in Ukraine and great power tensions. So it is time to learn about the origins of our problems and their trends in order to better cope and find a basis for individual, if not collective, peace.

The prevention of money laundering caught my attention, and at that time, with so little information on the market, I decided to write my first book so that more people can protect themselves from this crime. I have a gift: explain complicated topics in an easy way. This has helped me to write several articles on different topics in international magazines. I’m a passionate-effective trainer who believes that helping people to grow helps to make this world better. It’s my legacy! I like to do the right thing; take this as a reliable fact: I consult my own book and articles written. I hope to help you grow too!

Andreas Bieler’s main research focus has been on the possibilities of labour movements, broadly defined, to represent the interests of their members and wider societies in struggles against capitalist exploitation in times of neo-liberal globalisation. His research on water struggles in Europe was motivated by the fact that this has been one of the few areas, in which resistance has actually been successful. Understanding the reasons behind this success may help us understand what is necessary for success in other areas of resistance. 

My interest in ignorance and uncertainty was sparked when I was an undergraduate mathematics student. I was taking my first courses in probability and then reading about Gödel’s incompleteness theorem, realizing that even mathematics contains untamed unknowns. Later, as a PhD student in sociology I read theories about how knowledge is socially constructed, the foundation of the “sociology of knowledge”. I wondered why there wasn’t also a “sociology of ignorance”. That ignited my interest, and the social construction of ignorance became my life-long research topic. I have since seen it grow from my solo efforts in the 1980s to a flourishing multidisciplinary topic of research and public debate.  

I'm co-founder of a grassroots social justice, civic engagement, and service organization called ForwardCT, which I started with my friend and current state representative Eleni Kavros DeGraw with the intention of mobilizing community-centered action. Our work centers on these four pillars: Connect, Inform, Serve, and Lead. Those pillars guide my work as chair of my town’s Clean Energy Commission, as teacher and facilitator of workshops and events, and as an author of books for young people. I'm drawn to the powerful use of storytelling as a tool for starting conversations, stirring up “good trouble,” and inspiring activism. Read a book, approach your library or town to host a community conversation, leave with actionable takeaways, repeat!

I’ve been curious about how money, the economy, and businesses work since I was a kid. That’s why it was so infuriating when I became a young adult and made a total mess of my finances. After getting back on solid financial ground, I’ve devoted myself to learning everything I can about building wealth sustainably. But more importantly, I dedicated myself to helping others, especially young people, become financially literate. Through my books, events, and products, I want to ensure the next generation learns how to manage their money before they need to, so that they can avoid my mistakes and embark on a path to financial success.

The three co-authors of The Smart Mission: NASA’s Lessons for Managing Knowledge, People, and Projects have been at the center of organizational and leadership transformation. Dr. Ed Hoffman was NASA’s first Chief Knowledge Officer and the founding Director of the NASA Academy of Program, Project, and Engineering Leadership (APPEL). Matthew Kohut is the managing partner of KNP Communications. He has prepared executives, elected leaders, diplomats, scientists, and public figures for events ranging from television appearances to TED talks. Laurence Prusak was the founder and executive director of the IBM Institute for Knowledge Management and one of the founding partners for the Ernst and Young Center for Business Innovation.

My sons were both reluctant readers and that made me want to write books that they wouldn’t be able to resist reading! Reading should be a pleasure and this list is packed with books that are impossible to put down. They are perfect for young, reluctant readers, as they are not trying to be too serious or worthy or overwhelming with too much text. They pull you in and hook you from the start and you can’t help being moved by the characters as they grow and develop, fostering a love of books and fiction. I love comedy in books, but funny books also have to have heart, believable characters, and a great plot that keeps you reading till the very end.