Bill Gates Shares The 7 Best Books He Read In 2013

Bill Gates Shares The 7 Best Books He Read In 2013

FARNAM STREET0DEC 14, 2013, 01.28 AM

Bill Gates presents his seven top reads in 2013. Commenting on the lack of novels on the list, Gates writes: “It’s not that I don’t enjoy fiction. I’ve read The Catcher in the Rye a bunch of times-it’s one of my favorite books ever (and I enjoyed Salinger, the documentary that came out this year). I did read Gary Shteyngart’s Super Sad True Love Story, which was entertaining though it didn’t have as much science fiction as I expected. But I read mostly nonfiction because I always want to learn more about how the world works. And reading is how I learn best.”That’s an interesting statement coming from Gates, especially in light of recent posts on using literature to studydecision-making under ignorance. With that said, Gates is an excellent source of reading material for me. His top reads of 2012 led me to order Behind the Beautiful Forevers, a book I added to my antilibrary. And his summer reading list, along with the recommendations of readers, encouraged me to read The Box, a surprisingly enjoyable read on the history of the shipping container. This book shows up again on the end of year list of his top reads. Here are his picks, in no particular order:

The Box, by Marc Levinson

“You might think you don’t want to read a whole book about shipping containers… But he makes a good case that the move to containerized shipping had an enormous impact on the global economy and changed the way the world does business. And he turns it into a very readable narrative. I won’t look at a cargo ship in quite the same way again.”

The Most Powerful Idea in the World, by William Rosen

“A bit like The Box, except it’s about steam engines… I’d wanted to know more about steam engines since the summer of 2009, when my son and I spent a lot of time hanging out at the Science Museum in London.”

Harvesting the Biosphere, by Vaclav Smil

“Here he gives as clear and as numeric a picture as is possible of how humans have altered the biosphere. The book is a bit dry and I had to look up a number of terms that were unfamiliar to me, but it tells a critical story if you care about the impact we’re having on the planet.”

The World Until Yesterday, by Jared Diamond

“Diamond finds fascinating anecdotes about what life is like for hunter-gatherers and asks which ones might apply to our modern lifestyles. He doesn’t make some grand pronouncement or romanticize tribal life. He just wants to find the best practices and share them.”

Poor Numbers, by Morten Jerven

“Jerven, an economist, spent four years digging into how African nations get their statistics and the challenges they face in turning them into GDP estimates. He makes a strong case that a lot of GDP measurements we thought were accurate are far from it.”

Why Does College Cost So Much?, by Robert B. Archibald and David H. Feldman

“The authors are good about not pointing fingers but instead talking about how America’s labor market affects the cost of college. My view is that as long as there’s a scarcity of college graduates, a college degree will be quite valuable. So people will pay more to get one. And if they will pay more, then colleges and universities – whose labor is provided mostly by people who paid a lot for their own degrees – can ask for more. Until you get an excess supply of graduates, then you don’t really get any price competition.”

The Bet, by Paul Sabin

“Sabin chronicles the public debate about whether the world is headed for an environmental catastrophe. He centers the story on Paul Ehrlich and Julian Simon, who wagered $1,000 on whether human welfare would improve or get worse over time. Without ridiculing either proponent, Sabin shows how their extreme views contributed to the polarized debate over climate change and other issues that continues today.”

Gates’ list is a happy addition to the 2013 collection of reading lists.

Unknown's avatarAbout bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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