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Business Books from "The Economist," July 7, 2012

Can business build a great age?, Digital ID 495304, New York Public LibraryThe Economist. You have to love it, you probably also hate it. A weekly journal with too much to read in a week (especially for slow readers). And it keeps arriving in the mailbox, even when you're on vacation. In other words, it's taken until now to get around to putting up a post about these books reviewed several issues ago.

For those interested in the articles, you can find them through some of our electronic resources (I recommend our Custom Newspapers database, available from home with a library card — I have put a link to the articles from Custom Newspapers after each title) or on The Economist's website (if you're a subscriber). For those who are too impatient to read those, I've included for each book, based on the articles, a short squib.

Click on any of the titles below and place a hold to request the item. Remember to update your contact information (phone number or e-mail address), so you are notified when the book arrives for you at your local library. Don't have a library card yet? It's simple! Find out how to get one.

The Alpha Masters: Unlocking the Genius of the World's Top Hedge Funds, by Maneet Ahuja (Economist Review)

The Hedge Fund Mirage: The Illusion of Big Money and Why It's Too Good to be True, by Simon Lack (Economist Review)

Hedge funds — rather than quibble over definitions, let's just say we know them when we see them. And like Groucho Marx's dilemma, many of us might have some doubts if one of them was willing to accept our "contribution."

These two books offer some of the contradictions common to peoples' views of funds: the first praises them, the other tries to bury them. Who's right? Who's wrong? You'll have to read them to find out.

The Art of Being Unreasonable: Lessons in Unconventional Thinking, by Eli Broad (Economist Review)

Autobiography. Brief (192 pages). Successful entrepreneurship. Philanthropy. "... a useful read ..."

Management in 10 Words, by Terry Leahy (Economist Review) (Should be available at NYPL soon.)

Both a management tome and CEO autobiography yet "a remarkable act of alchemy: combining two dismal forms to produce an excellent book". Sir Terry is CEO of Tesco, British supermarket and "Britain's largest private employer."

The Einstein of Money: The Life and Timeless Financial Wisdom of Benjamin Graham, by Joe Carlen (Economist Review)

Author of Security Analysis (originally published in 1934, and which has the honor of having its original edition as well as subsequent ones in our Financial Literacy Central circulating collection) and The Intelligent Investor (1949) Benjamin Graham is recognized as the "father" of modern value investing. This volume explains his investment philosophy and explores his personal life, and "makes the reader want to go back to Graham's original work."


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