Suggestions for summer reading

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By Manish Shah
The Big Short by Michael Lewis

Michael Lewis, one of the finest narrative writers of his generation, uses the magic of his pen to demystify the complex workings of Wall Street. He does an outstanding job of enlightening the readers about the causes of the financial crisis. Lewis introduces a cast of fascinating characters, who understood the risk inherent in the rapidly rising real estate prices. These people clearly saw the bubble and became filthy rich by betting against the market.

Switch by Chip Heath and Dan Heath
Chip and Dan Heath present a series of compelling insights that make this book as interesting as their first bestseller, Made to Stick. Our minds are ruled by two competing systems — the rational mind and the emotional mind. The rational mind wants to eat healthy while the emotional mind wants to indulge in fries. The Heath brothers show how to make positive changes in our lives by overcoming the tension between our rational and our emotional mind.

The Checklist Manifesto by Atul Gawande
In this day and age, the volume and the complexity of information has made it impossible for an individual to process information effectively. Checklists are an effective way to deal with information overload. Gawande uses examples from medicine, finance, construction and aviation to illustrate the effectiveness of checklists. He makes a persuasive case in his book as to why we should develop and implement checklists for critical processes and decisions.

Drive by Daniel H. Pink
According to Daniel Pink, everything we know about what motivates us is wrong. He uses latest scientific discoveries to debunk the belief that people can be motivated only by the hope of gain and the fear of loss. Pink cites a number of studies that have proven that using the carrot and stick approach can significantly reduce the productivity of employees. He argues that what motivates us is the ability to grow and develop. The effectiveness of this approach is demonstrated at Google, where employees use 20 percent of their time to work on projects of their choice.

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