Edwin Lefèvre
Reminiscences of a Stock Operator The Story of Jesse Livermore, Wall Street’s Legendary Investor
The source of "doing the right thing": the professional attends to conduct, and the profit takes care of itself.
Daniel Kahneman and Amos Tversky
Prospect Theory An Analysis of Decision under Risk Econometrica. 1979
Losses weigh more than gains. Behind the fears of loss and regret, and the asymmetry of the mental state.
Richard H. Thaler
Mental Accounting Matters Journal of Behavioral Decision Making. 1999
Why a dollar is not always a dollar. The basis of the chapters on mental accounting.
Daniel Kahneman
Thinking, Fast and Slow Farrar, Straus and Giroux (US), Penguin (UK). 2011
System 1 and System 2. The ground for mindful override and the fallacy of knowledge.
Nassim Nicholas Taleb
Antifragile Things That Gain from Disorder Random House. 2012
Skin in the Game Hidden Asymmetries in Daily Life Random House. 2018
Risk of ruin, optionality and antifragility. The strategy of Chapter 4 is built on it.
Jim Paul and Brendan Moynihan
What I Learned Losing a Million Dollars. Columbia Business School Publishing. 2013
Turning a continuous process into a discrete event. Why the exit is decided before entry.
Robert J. Shiller
Narrative Economics Princeton University Press. 2019
Narratives spread like epidemics. How stories move prices, and why to trade the narrative, not believe it.
Daniel Kahneman, Olivier Sibony, Cass R. Sunstein
Noise A flaw in human judgment Little, Brown Spark. 2021
Objective ignorance: what cannot be known. The starting point of the fallacy of knowledge.
Tom Hougaard
Best Loser Wins Why Normal Thinking Never Wins the Trading Game Harriman House. 2022
Sacrificing profit to discover how big it can get. The runner, and rewiring habits.
The thinkers serve in the book as conceptual references, borrowed selectively and adapted to leverage trading. The originals reward far more than any single use of them can extract.