Sunday, December 28, 2025

The Ultimate Reading List for Lifelong Learners: As Referenced in The Joys of Compounding by Gautam Baid

Decision-Making, Psychology & Behavioral Science

Books that delve into how people think, decide, and behave—especially in contexts like investing, business, and everyday life.

1. Thinking, Fast and Slow – Daniel Kahneman

Year: 2011

Genre: Cognitive Psychology / Behavioral Economics

A Nobel laureate’s deep dive into the two systems of thinking—fast, intuitive decisions versus slow, deliberate reasoning.


2. The (Mis)Behavior of Markets – Benoit Mandelbrot and Richard Hudson

Year: 2004

Genre: Behavioral Finance / Complexity Science

Challenges classical financial theories by showing that markets are more chaotic and fractal than predictable.


3. Your Money and Your Brain – Jason Zweig

Year: 2007

Genre: Behavioral Finance

A neuroscience-based exploration of how emotions and instincts often sabotage smart financial decisions.


4. Influence: The Psychology of Persuasion – Robert Cialdini

Year: 1984

Genre: Psychology / Persuasion

A classic book identifying six universal principles of influence that explain how people say “yes.”


5. Superforecasting: The Art and Science of Prediction – Philip Tetlock and Dan Gardner

Year: 2015

Genre: Decision Science

Reveals how some people consistently make more accurate predictions, and how anyone can improve forecasting skills.


6. The Success Equation – Michael J. Mauboussin

Year: 2012

Genre: Decision-Making / Behavioral Science

Distinguishes between skill and luck in performance and explains how to make better judgments in uncertain environments.


7. Nudge: Improving Decisions About Health, Wealth, and Happiness – Richard H. Thaler and Cass R. Sunstein

Year: 2008

Genre: Behavioral Economics / Public Policy

Introduces the concept of “choice architecture” to help people make better decisions without limiting their freedom.


8. Fooled by Randomness – Nassim Nicholas Taleb

Year: 2001

Genre: Probability / Behavioral Economics

Argues that luck and randomness are often mistaken for skill, particularly in finance and investing.


9. Antifragile: Things That Gain from Disorder – Nassim Nicholas Taleb

Year: 2012

Genre: Philosophy / Risk Management

Propose a framework for systems and individuals benefitting from shocks, volatility, and uncertainty.


10. Blink: The Power of Thinking Without Thinking – Malcolm Gladwell

Year: 2005

Genre: Psychology / Decision-Making

Explores how split-second decisions can be remarkably accurate—but also dangerously flawed.


11. Thinking in Bets – Annie Duke

Year: 2018

Genre: Decision-Making / Psychology

A former poker pro teaches how to make better decisions by thinking probabilistically rather than seeking certainty.


12. The Wisdom of Crowds – James Surowiecki

Year: 2004

Genre: Collective Intelligence / Psychology

Explains why large groups of people often make better decisions than individuals or experts—under the right conditions.


13. Algorithms to Live By – Brian Christian and Tom Griffiths

Year: 2016

Genre: Decision Science / Applied Math

Shows how computer science algorithms can solve common human decision problems like prioritizing, scheduling, and searching.


14. The 5 Elements of Effective Thinking – Edward Burger and Michael Starbird

Year: 2012

Genre: Thinking / Self-Improvement

Offers five practical strategies to improve problem-solving, creativity, and deep thinking in any discipline.


15. Rationality and the Pursuit of Happiness – Michael E. Bernard

Year: 2010

Genre: Psychology / Emotional Intelligence

Explores how rational thinking and emotional control can lead to a more satisfying and productive life.


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Hardeep
Hardeep
Hardeep is an entrepreneur, marketer, blogger, an ardent reader and avid writer. He expresses his unbiased views especially on the matters of Business, Tech & Life through this blog. He can be reached at hardeep.handa@gmail.com

2 COMMENTS

  1. That’s an awesome collection.
    Have read most of them

    One highly underrated book that fails to make most lists & has the wonderful counter intuitive insights is Man for All Markets by Ed Thorpe

    • It’s amazing Arvind that you’ve read most of them. I’ve made my To-Read list from this collection.

      I’ll definitely checkout for “Man of All Markets by Ed Thorpe”.

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