Episode · Invest Like the Best · 2016-10-25
Patrick O'Shaughnessy & Ted Seides: books mentioned on Invest Like the Best #07
Ted Seides – A Deep Dive into Hedge Funds - [Invest Like the Best, EP.07]
This week’s guest has forgotten more about hedge funds than most people will ever know. This episode will appeal to managers, allocators and any investor interested in the world of hedge funds.
Patrick O'Shaughnessy recommended The Hero with a Thousand Faces by Joseph Campbell, and discussed So You Want to Start a Hedge Fund by Ted Seides and 10% Happier by Dan Harris. Ted Seides recommended How to Win Friends and Influence People by Dale Carnegie and Big Data Baseball by Travis Sawchik, and discussed Moneyball by Michael Lewis.
Books mentioned, in the order they came up
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So You Want to Start a Hedge Fund
Discussed“He is also the author of the very interesting book, So You Want to Start a Hedge Fund. This was the most helpful and insightful conversation I've ever had on this topic.”
Where to get it
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The Hero with a Thousand Faces
Recommended“But if you don't do that, at least read the book and realize the value of just kind of stepping into the unknown, just sort of jumping with blind faith.”
Where to get it
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How to Win Friends and Influence People
Recommended“In the last couple weeks, for the first time, I have been reading Dale Carnegie's How to Win Friends and Influence People. And it's a book I've known I should read forever.”
Where to get it
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Big Data Baseball
Recommended“And the one that I have in the last year read and have mentioned to a lot of money managers, and for some reason this book has not gotten the traction that it should have, is a book called Big Data Baseball.”
Where to get it
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Moneyball
Discussed“So it is effectively Moneyball 2.0 written by the beat journalist for the Pittsburgh Pirates in and around the Pittsburgh Pirates. I think it was 2013, 2014 seasons. And it won't have the same impact as Moneyball because that was sort of the revolutionary concept.”
Where to get it
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10% Happier
Discussed“There's a book that perfectly encapsulates that, which you may have read, which is Dan Harris' 10% Happier, which was basically his experiment. He went through a whole thing. He went and met with Deepak Chopra.”
Where to get it
Other mentions in this episode (2) — ad reads, self-promotion and passing references, never counted
Passing The Checklist Manifesto
“And with very few exceptions, stuck very rigorously to those rules. You know, like an Atul Gawande checklist manifesto take on this very early on before anyone was doing that.”
“Part of the reason I wrote the book was I was in a unique chair that not that many people were in where I had lots and lots of experience with startup hedge funds. And I had seen these patterns of mistakes that people make that are repeated because they don't know that other people have made those mistakes in”