Noise: A Flaw in Human Judgment


Daniel Kahneman - 2021
    Suppose that different food inspectors give different ratings to indistinguishable restaurants — or that when a company is handling customer complaints, the resolution depends on who happens to be handling the particular complaint. Now imagine that the same doctor, the same judge, the same inspector, or the same company official makes different decisions, depending on whether it is morning or afternoon, or Monday rather than Wednesday. These are examples of noise: variability in judgments that should be identical.   In Noise, Daniel Kahneman, Cass R. Sunstein, and Olivier Sibony show how noise contributes significantly to errors in all fields, including medicine, law, economic forecasting, police behavior, food safety, bail, security checks at airports, strategy, and personnel selection. And although noise can be found wherever people make judgments and decisions, individuals and organizations alike are commonly oblivious to the role of chance in their judgments and in their actions.   Drawing on the latest findings in psychology and behavioral economics, and the same kind of diligent, insightful research that made Thinking, Fast and Slow and Nudge groundbreaking New York Times bestsellers, Noise explains how and why humans are so susceptible to noise in judgment — and what we can do about it.

Arbitrage: The authoritative guide on how it works, why it works and how it can work for you.


Chris Green - 2012
    This is the complete, authoritative, and exhaustive manual outlining the Arbitrage business model. It has been compiled and made available to anyone interested in buying products to be resold online. In this book, Chris Green will give you the keys to the Arbitrage Kingdom with the mindset of unlimited opportunities and abundance and not one of scarcity. Empires are being built by using powerful new programs like ScanPower to source and evaluate items for resale. Pair this with Amazon's amazing fulfillment program called Fulfillment By Amazon (FBA) to outsource the storage, shipping, and customer service of your items, and you have a completely scalable, nearly risk-free business model with a near-zero entry cost. The techniques described in this book can be used by anyone, anywhere to build a small side business or large empire. The only limit is you imagination.

A Whole Different Ball Game: The Inside Story of the Baseball Revolution


Marvin Miller - 1991
    This situation began to change in 1966, when the Major League Baseball Players Association was formed and Marvin Miller, who had been chief economist and assistant to the president of the steelworkers' union, became its first executive director. Here he recounts his experience in dealing with club owners and his success in winning a new role for the players. He helped virtually end the system that bound an athlete to one team forever, and thereby raised salaries enormously. Candid in his assessments of the characters involved in this drama, Mr. Miller is nonetheless generous in his comments about the ballplayers who made sacrifices for their union.

The Bronx Zoo: The Astonishing Inside Story of the 1978 World Champion New York Yankees


Sparky Lyle - 1979
    After being voted the 1977 American League Cy Young Award winner, Sparky Lyle was rewarded for his efforts by being benched. The Yankees, a leader of free agency, signed Goose Gossage as their closer. Things only went downhill from there and the 1978 season turned out to be one of controversy, firings, fights and acrimony. In short, it was a zoo.

The Soul of Baseball: A Road Trip Through Buck O'Neil's America


Joe Posnanski - 2007
    From that question was born the idea behind BASEBALL AND JAZZ. Posnanski and the 94 year old O'Neil decided to spend the 2005 baseball season touring the country in hopes of stirring up the love that first drew them to the game. This book is just as much the story of Buck O'Neil as it is the story of baseball. In a time when disillusioned, steroid–shooting, money hungry athletes define the sport, Buck O'Neil stands out as a man that truly played for the love of the game. Posnanski writes about that love and the one thing that O'Neil loved almost as much as baseball: jazz. BASEBALL AND JAZZ is an endearing step back in time to the days when the crack of a bat and the smoky notes of a midnight jam session were the sounds that brought the most joy to a man's heart.

Why Baseball Matters


Susan Jacoby - 2018
    Despite remaining popular and profitable into the twenty-first century, the game is losing young fans, among African Americans and women as well as white men. Furthermore, baseball’s greatest charm—a clockless suspension of time—is also its greatest liability in a culture of digital distraction. These paradoxes are explored by the historian and passionate baseball fan Susan Jacoby in a book that is both a love letter to the game and a tough-minded analysis of the current challenges to its special position—in reality and myth—in American culture. The concise but wide-ranging analysis moves from the Civil War—when many soldiers played ball in northern and southern prisoner-of-war camps—to interviews with top baseball officials and young men who prefer playing online “fantasy baseball” to attending real games. Revisiting her youthful days of watching televised baseball in her grandfather’s bar, the author links her love of the game with the informal education she received in everything from baseball’s history of racial segregation to pitch location. Jacoby argues forcefully that the major challenge to baseball today is a shortened attention span at odds with a long game in which great hitters fail two out of three times. Without sanitizing this basic problem, Why Baseball Matters remind us that the game has retained its grip on our hearts precisely because it has repeatedly demonstrated the ability to reinvent itself in times of immense social change.

The Art of Strategy: A Game Theorist's Guide to Success in Business and Life


Avinash K. Dixit - 1991
    It's the art of anticipating your opponent's next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies—from pop culture, TV, movies, sports, politics, and history—the authors show how nearly every business and personal interaction has a game-theory component to it. Are the winners of reality-TV contests instinctive game theorists? Do big-time investors see things that most people miss? What do great poker players know that you don't? Mastering game theory will make you more successful in business and life, and this lively book is the key to that mastery.

The Hidden Magic of Walt Disney World: Over 600 Secrets of the Magic Kingdom, Epcot, Disney's Hollywood Studios, and Animal Kingdom


Susan Veness - 2009
    Readers also get the insider's take on:The smell of home-baked cookies on Main Street in the Magic KingdomThe Fountain of World Friendship in Epcot that contains water from rivers and oceans around the globeWalt Disney's opening day speech tapped out in Morse Code in FrontierlandThe eco-friendly benches (recycled milk jugs) in the Animal KingdomTwo versions of The Great Movie Ride at Disney's Hollywood StudiosComplete with secret tips from Disney's Imagineers, this book is the perfect in-park companion for Disney World fans.

Steinbrenner: The Last Lion of Baseball


Bill Madden - 2010
    For more than 30 years Bill Madden has covered the Yankees and Major League Baseball for the New York Daily News, and he brings all his insights and inside connections to Steinbrenner: the definitive biography of one of New York’s most intriguing and long-standing sports figures, Yankees owner George Steinbrenner.

The High-Beta Rich: How the Manic Wealthy Will Take Us to the Next Boom, Bubble, and Bust


Robert Frank - 2011
    Starting in the early 1980s the top one percent (1%) broke away from the rest of us to become the most unstable force in the economy. An elite that had once been the flat line on the American income charts - models of financial propriety - suddenly set off on a wild ride of economic binges.              Not only do they control more than a third of the country’s wealth, their increasing vulnerability to the booms and busts of the stock market wreak havoc on our consumer economy, financial markets, communities, employment opportunities, and government finances.        Robert Frank’s insightful analysis provides the disturbing big picture of high-beta wealth. His vivid storytelling brings you inside the mortgaged mansions, blown-up balance sheets, repossessed Bentleys and Gulfstreams, and wrecked lives and relationships: • How one couple frittered away a fortune trying to build America’s biggest house —90,000 square feet with 23 full bathrooms, a 6,000 square foot master suite with a bed on a rotating platform—only to be forced to put it on the market because “we really need the money”.    • Repo men who are now the scavengers of the wealthy, picking up private jets, helicopters, yachts and racehorses – the shiny remains of a decade of conspicuous consumption financed with debt, asset bubbles, “liquidity events,” and soaring stock prices.  • How “big money ruins everything” for communities such as Aspen, Colorado whose over-reliance on the rich created a stratified social scene of velvet ropes and A-lists and crises in employment opportunities, housing, and tax revenues.  • Why California’s worst budget crisis in history is due in large part to reliance on the volatile incomes of the state’s tech tycoons.  • The bitter divorce of a couple who just a few years ago made the Forbes 400 list of the richest people, the firing of their enormous household staff of 110, and how one former spouse learned  the marvels of shopping at Marshalls,  filling your own gas tank, and flying commercial.  Robert Frank’s stories and analysis brilliantly show that the emergence of the high-beta rich is not just a high-class problem for the rich. High-beta wealth has national consequences: America’s dependence on the rich + great volatility among the rich = a more volatile America.   Cycles of wealth are now much faster and more extreme. The rich are a new “Potemkin Plutocracy” and the important lessons and consequences are brought to light of day in this engrossing book.  high-beta rich (hi be’ta rich) 1. a newly discovered personality type of the America upper class prone to wild swings in wealth. 2. the winners (and occasional losers) in an economy that creates wealth from financial markets, asset bubbles and deals. 3. derived from the Wall Street term “high-beta,” meaning highly volatile or prone to booms and busts. 4. an elite that’s capable of wreaking havoc on communities, jobs, government finances, and the consumer economy. 5. a new Potemkin plutocracy that hides a mountain of debt behind the image of success, and is one crisis away from losing their mansions, private jets and yachts.From the Hardcover edition.

A Great and Glorious Game: Baseball Writings of A. Bartlett Giamatti


A. Bartlett Giamatti - 1998
    He spoke out against player trading. He banned Pete Rose from baseball for gambling. He even asked sports fans to clean up their acts. Bart Giamatti was baseball's Renaissance man and its commissioner. In A GREAT AND GLORIOUS GAME, a collection of spirited, incisive essays, Giamatti reflects on the meaning of the game. Baseball, for him, was a metaphor for life. He artfully argues that baseball is much more than an American "pastime." "Baseball is about going home," he wrote, "and how hard it is to get there and how driven is our need." And in his powerful 1989 decision to ban Pete Rose from baseball, Giamatti states that no individual is superior to the game itself, just as no individual is superior to our democracy. A GREAT AND GLORIOUS GAME is a thoughtful meditation on baseball, character, and values by one of the most eloquent men in the world of sport.

Miracle at Merion: The Inspiring Story of Ben Hogan's Amazing Comeback and Victory at the 1950 U.S. Open


David B. Barrett - 2010
    The crowning moment of Hogan’s comeback was his dramatic victory in the1950 U.S. Open at Merion Golf Club near Philadelphia, where his battered legs could barely carry him on the 36-hole final day.Miracle at Merion tells the stirring story of Hogan’s triumph over adversity—the rarely-performed surgery that saved his life, the months of rehabilitation when he couldn’t even hit a golf ball, his stunning return to competition at the Los Angeles Open, and,finally, the U.S. Open triumph that returned him to the pinnacle of the game.While Hogan was severely injured in the accident, fracturing his pelvis, collarbone, rib, and ankle, his life wasn’t in danger until two weeks later when blood clots developed in his leg, necessitating emergency surgery. Hogan didn’t leave the hospital until April and didn’t even touch a golf club until August. It wasn’t until November,more than nine months after the accident, that he was able to go to the range to hit balls. Hogan’s performance at the Los Angeles Open in early January convinced Hollywood to make a movie out of his life and comeback (Follow the Sun, starring Glenn Ford).Five months later, Hogan completed his miraculous comeback by winning the U.S. Open in a riveting 36-hole playoff against Lloyd Mangrum and George Fazio, permanently cementing his legacy as one of the sport’s true legends.

Summer of '68: The Season That Changed Baseball—and America—Forever


Tim Wendel - 2012
    Opening Day was postponed and later played in the shadow of Martin Luther King, Jr.’s funeral. That summer, as the pennant races were heating up, the assassination of Robert Kennedy was later followed by rioting at the Democratic National Convention in Chicago. But even as tensions boiled over and violence spilled into the streets, something remarkable was happening in major league ballparks across the country. Pitchers were dominating like never before, and with records falling and shut-outs mounting, many began hailing ’68 as “The Year of the Pitcher.” In Summer of ’68, Tim Wendel takes us on a wild ride through a season that saw such legends as Bob Gibson, Denny McLain, Don Drysdale, and Luis Tiant set new standards for excellence on the mound, each chasing perfection against the backdrop of one of the most divisive and turbulent years in American history. For some players, baseball would become an insular retreat from the turmoil encircling them that season, but for a select few, including Gibson and the defending champion St. Louis Cardinals, the conflicts of ’68 would spur their performances to incredible heights and set the stage for their own run at history. Meanwhile in Detroit—which had burned just the summer before during one of the worst riots in American history—’68 instead found the city rallying together behind a colorful Tigers team led by McLain, Mickey Lolich, Willie Horton, and Al Kaline. The Tigers would finish atop the American League, setting themselves on a highly anticipated collision course with Gibson’s Cardinals. And with both teams’ seasons culminating in a thrilling World Series for the ages—one team playing to establish a dynasty, the other fighting to help pull a city from the ashes—what ultimately lay at stake was something even larger: baseball’s place in a rapidly changing America that would never be the same. In vivid, novelistic detail, Summer of ’68 tells the story of this unforgettable season—the last before rule changes and expansion would alter baseball forever—when the country was captivated by the national pastime at the moment it needed the game most.

Economic Facts and Fallacies


Thomas Sowell - 2007
    These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

The Book of Why: The New Science of Cause and Effect


Judea Pearl - 2018
    Today, that taboo is dead. The causal revolution, instigated by Judea Pearl and his colleagues, has cut through a century of confusion and established causality -- the study of cause and effect -- on a firm scientific basis. His work explains how we can know easy things, like whether it was rain or a sprinkler that made a sidewalk wet; and how to answer hard questions, like whether a drug cured an illness. Pearl's work enables us to know not just whether one thing causes another: it lets us explore the world that is and the worlds that could have been. It shows us the essence of human thought and key to artificial intelligence. Anyone who wants to understand either needs The Book of Why.