Content tagged with "finance" (3)

Kleppmann explains double-entry bookkeeping as a data model, letting a programmer read a balance sheet as a graph of money moving between accounts.

There are a thousand ways to win in markets, but people lose in remarkably similar ways. One of the few honest finance books: no success formula to copy, just the failure formula to avoid.

A delightful manual of mental models and timeless common sense - this book shows how clear thinking and a few basic principles can outmatch all the noise. Munger’s tricks aren’t magic - they’re just what happens when you refuse to fool yourself.