Please see the newsworthy articles & publications that we’ve listed below.
Books: The following books are recommended by our members.
End This Depression Now!
A call-to-arms from Nobel Prize–winning economist and best-selling author Paul Krugman. The Great Recession is more than four years old—and counting. Yet, as Paul Krugman points out in this powerful volley, “Nations rich in resources, talent, and knowledge—all the ingredients for prosperity and a decent standard of living for all—remain in a state of intense pain.”
How bad have things gotten? How did we get stuck in what now can only be called a depression? And above all, how do we free ourselves? Krugman pursues these questions with his characteristic lucidity and insight. He has a powerful message for anyone who has suffered over these past four years—a quick, strong recovery is just one step away, if our leaders can find the “intellectual clarity and political will” to end this depression now.
The Big Short: Inside the Doomsday Machine
The real story of the crash began in bizarre feeder markets where the sun doesn’t shine and the SEC doesn’t dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower–and middle–class Americans who can’t pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren’t talking.
Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller Liar’s Poker. Out of a handful of unlikely–really unlikely–heroes, Lewis fashions a story as compelling and unusual as any of his earlier bestsellers, proving yet again that he is the finest and funniest chronicler of our time.
The #1 New York Times bestseller: “It is the work of our greatest financial journalist, at the top of his game. And it’s essential reading.”—Graydon Carter, Vanity Fair
Articles: The following articles are recommended by our members.
“13 Things Mentally Strong People Don’t Do”
Mentally strong people have healthy habits. They manage their emotions, thoughts, and behaviors in ways that set them up for success in life. Check out these things that mentally strong people don’t do so that you too can become more mentally strong.
“The Surprising Trait That’s MUCH More Important Than IQ”
Angela Lee Duckworth
UPDATE: Angela Lee Duckworth weighs in on the outpouring of comments inspired by her talk.
“In response to just a few of the thoughtful comments… I agree that luck and talent also matter. I happen to think kids often underestimate the importance of hard work and sticking with things, but of course, hard work without any ability or good fortune doesn’t yield results, either. As for success being more than good grades or accomplishment generally, I concur. I want to be a success (personally), but I also want to be honest and kind. So, it’s probably more accurate to consider grit as a determinant (among others) of achievement than of any broad conception of success.”
Never give up! It’s more than just a platitude. In her extensive research, psychologist Angela Lee Duckworth found that more than IQ or talent or any other factor, the #1 predictor of a person’s success is their unflagging commitment to a long-term goal… in other words, their grit. Find out why…
“Turns Out, We May Have Gotten the Science of Stress Completely Wrong”
Stop stressing about stress! Psychologist Kelly McGonigal shares new research showing that it’s our thinking about stress, rather than stress itself, that affects our health. In other words, if you think stress will kill you… it just might. Find out how to make stress your friend.
“The Growing Financial Sorority”
Emily Lambert, Forbes Staff
Emily Lambert writes about the growing women in finance and mentions Women Investment Professionals. “Financial women’s groups are trending up. It’s been 50 years since pioneers like Grace Hyslop at what’s now CME Group paved the way for women to enter the business. Now more women are trading, and more are studying business. Over the past decade, the percentage of women in the University of Chicago’s full-time Masters of Business Administration program has grown, as has the percentage of women becoming Chartered Financial Analysts.”
“Staggered boards: Public companies’ directors the centerpiece of a tug of war”
Becky Yerak, Chicago Tribune reporter
Great article on staggered corporate boards featuring our own board member, Linsey Schoemehl. Illinois State Board of Investment asking 25 firms to put their chiefs up for annual elections.