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Bill Gates has unveiled a list of his favorite books that he read in 2014.
Some of the titles were not published this year because “sometimes I fall behind and don’t get to a book until well after it’s been published.” Gates’ five picks include Business Adventures by John Brooks, Capital in the Twenty-First Century by Thomas Piketty, How Asia Works by Joe Studwell, The Rosie Effect by Graeme Simsion, and Making the Modern World: Materials and Dematerialization by Vaclav Smil.
Here’s an excerpt from Gates’ blog post: “I didn’t really plan it this way. But as I look at the list of the best books I read this year, I see how a number of them touch on economics and business. That’s fitting, in a year when Thomas Piketty’s Capital in the Twenty-First Century put a big spotlight on inequality. In addition, with the Asian economies so much in the news, I wanted to read How Asia Works, which promised to explain why some of the continent’s countries grew so fast while others languished. And I got to brush up on an old favorite, the best business book I’ve ever read.”
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What is Bill Gates‘ favorite business book? Business Adventures by John Brooks, a 1960s collection of New Yorker stories which profiles different companies.
Warren Buffett recommended the book to Gates back in 1991, and Gates says that the book is still relevant today. He reviewed the out-of-print title in The Wall Street Journal today, pointing out that while business times may have changed, human nature has not.
Here is an excerpt: “Unlike a lot of today’s business writers, Brooks didn’t boil his work down into pat how-to lessons or simplistic explanations for success. (How many times have you read that some company is taking off because they give their employees free lunch?) You won’t find any listicles in his work. Brooks wrote long articles that frame an issue, explore it in depth, introduce a few compelling characters and show how things went for them.”
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