Books, from Zubin Al Genubi

January 9, 2024 |

Option Volatility and Pricing: Advanced Trading Strategies and Techniques, Sheldon by Natenberg. Recommended in by Ralph Vince.

The Dao of Capital: Austrian Investing in a Distorted World, by Mark Spitznagel and Ron Paul.

This is a magnificent, scintillating book that I will read over and over again. It provides a theoretic and practical framework for understanding the insights of all the greats that a student of markets will encounter—Soros, Baldwin, Klipp, Buffett, Cooperman (albeit these greats might not realize or acknowledge it). It teaches you things about war, trees, martial arts, opera, baseball, board games. Every page is eye-opening, with numerous areas for testing and profits in every chapter. I will share the book with all my traders, friends, and circles of influence. Here’s an unqualified, total, heartfelt recommendation, which coming from me is a rarity, and possibly unique.

- Victor Niederhoffer (from inside cover)

Quite exciting tale of 1939 failed Russian invasion of Finland:

A Frozen Hell: The Russo-Finnish Winter War of 1939-1940

And a classic from Ralph Vince:

The Mathematics of Money Management: Risk Analysis Techniques for Traders

Martin Lindkvist writes:

Many years ago in 2006 I had a heated discussion on this list with Stefan J about the Finnish winter war as well as WW2 and what conclusions could be drawn from them about Sweden's position. Suffice to say that we both thought we won and still left the argument amicably.

There is a very good film from 2017 as well as a Netflix series about the "Continuation War" called Tuntematon Sotilas/Unknown Soldier. This war was from 1941-1944 and started after Germany used Finnish territory for part of Operation Barbarossa, and as the Soviets started to bomb Finland, they seized the opportunity to try to take back lost territory from the Winter war.