Buffett, Greenspan, El-Erian pick best books of 2013
Helena Morrissey, CEO of Newtown Investment Management and founder of the 30% Club
• “The Icarus Deception: How High Will You Fly?” by Seth Godin: Icarus flew too close to the sun and perished. We learn the lesson not to suffer from hubris, to avoid flying too high. Godin points out that Daedulus also told his son not to fly too low, too close to the sea, because the water would ruin the lift in his wings.
• “The BRIC Road to Growth” by Jim O’Neill. It offers pithy and compelling arguments about how far the center of economic growth has already shifted to the emerging markets — and the lessons that must be learned from this shift.