Summer Reading Picks By Ackman, Chanos, Gross, Tilson via Julie Verhage, Bloomberg Short summary and more on the books below from Amazon.com.

As things slow down a bit on Wall Street during the summer months, many of its best and brightest will find more time in their schedules to read. You can find Bill Ackman, Jim Chanos, Bill Gross and Whitney Tilson’s summer reading recommendations below.

Bill Ackman’s Summer Reading Recommendations

As the founder and chief executive officer of Pershing Square Capital Management and a well-known philanthropist, it’s no surprise that Ackman picked books with a high focus on entrepreneurship and making an impact on the world.

1. Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel and Blake Masters
The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create. In Zero to One: Notes on Startups, or How to Build the Future, legendary entrepreneur and investor Peter Thiel shows how we can find singular ways to create those new things.

Thiel begins with the contrarian premise that we live in an age of technological stagnation, even if we’re too distracted by shiny mobile devices to notice. Information technology has improved rapidly, but there is no reason why progress should be limited to computers or Silicon Valley. Progress can be achieved in any industry or area of business. It comes from the most important skill that every leader must master: learning to think for yourself.

Doing what someone else already knows how to do takes the world from 1 to n, adding more of something familiar. But when you do something new, you go from 0 to 1. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace. They will escape competition altogether, because their businesses will be unique.

2. Bold: How to Go Big, Create Wealth and Impact the World by Peter H. Diamandis and Steven Kotler
From the coauthors of the New York Times bestseller Abundance comes their much anticipated follow-up: Bold—a radical, how-to guide for using exponential technologies, moonshot thinking, and crowd-powered tools to create extraordinary wealth while also positively impacting the lives of billions.

Bold: How to Go Big, Create Wealth and Impact the World unfolds in three parts. Part One focuses on the exponential technologies that are disrupting today’s Fortune 500 companies and enabling upstart entrepreneurs to go from “I’ve got an idea” to “I run a billion-dollar company” far faster than ever before. The authors provide exceptional insight into the power of 3D printing, artificial intelligence, robotics, networks and sensors, and synthetic biology. Part Two of the book focuses on the Psychology of Bold, drawing on insights from billionaire entrepreneurs Larry Page, Elon Musk, Richard Branson, and Jeff Bezos. In addition, Diamandis reveals his entrepreneurial secrets garnered from building fifteen companies, including such audacious ventures as Singularity University, XPRIZE, Planetary Resources, and Human Longevity, Inc. Finally, Bold closes with a look at the best practices that allow anyone to leverage today’s hyper-connected crowd like never before. Here, the authors teach how to design and use incentive competitions, launch million-dollar crowdfunding campaigns to tap into ten’s of billions of dollars of capital, and finally how to build communities—armies of exponentially enabled individuals willing and able to help today’s entrepreneurs make their boldest dreams come true.

Jim Chanos’s Summer Reading Recommendations

The hedge fund manager who rose to fame after shorting Enron in 2001, Chanos recommends these three books focused on Wall Street and history.

1. Bernard Baruch: The Adventures of a Wall Street Legend by James Grant
Bernard Baruch was a self-made millionaire, legendary stock trader, and venture investor. For most of the first half of the 20th century, he epitomized the “good side” of Wall Street in the public mind.  Celebrated as “Adviser to Presidents” and “The Park Bench Statesman,” he also became known as “The Man Who Sold out before the Crash.”  James Grant’s much praised biography draws on a wealth of previously untapped material.

2. Waterloo: The History of Four Days, Three Armies, and Three Battles by Bernard Cornwell
On June 18, 1815 the armies of France, Britain and Prussia descended upon a quiet valley south of Brussels. In the previous three days, the French army had beaten the Prussians at Ligny and fought the British to a standstill at Quatre-Bras. The Allies were in retreat. The little village north of where they turned to fight the French army was called Waterloo. The blood-soaked battle to which it gave its name would become a landmark in European history.

In his first work of nonfiction, Bernard Cornwell combines his storytelling skills with a meticulously researched history to give a riveting chronicle of every dramatic moment, from Napoleon’s daring escape from Elba to the smoke and gore of the three battlefields and their aftermath. Through quotes from the letters and diaries of Emperor Napoleon, the Duke of Wellington, and the ordinary officers and soldiers, he brings to life how it actually felt to fight those famous battles—as well as the moments of amazing bravery on both sides that left the actual outcome hanging in the balance until the bitter end.

3. The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public by Lynn Stout
Executives, investors, and the business press routinely chant the mantra that corporations are required to “maximize shareholder value.” In this pathbreaking book, renowned corporate expert Lynn Stout debunks the myth that corporate law mandates shareholder primacy. Stout shows how shareholder value thinking endangers not only investors but the rest of us as well, leading managers to focus myopically on short-term earnings; discouraging investment and innovation; harming employees, customers, and communities; and causing companies to indulge in reckless, sociopathic, and irresponsible behaviors. And she looks at new models of corporate purpose that better serve the needs of investors, corporations, and society.

Bill Gross’s Summer Reading Recommendations

Legendary bond investor Bill Gross recommends two books with historical leanings, although on two quite different topics. Gross says he’s read the first one, a classic (and long) piece of Russian literature, three times. It’s “history/greed/avarice/lust/human nature fully exposed,” as he described it in an e-mail. His second choice is more off-kilter. Have you ever wondered why a living room is called a living room? The answer may surprise you.

[drizzle]1. War and Peace by Leo Tolstoy
War and Peace broadly focuses on Napoleon’s invasion of Russia in 1812 and follows three of the most well-known characters in literature: Pierre Bezukhov, the illegitimate son of a count who is fighting for his inheritance and yearning for spiritual fulfillment; Prince Andrei Bolkonsky, who leaves his family behind to fight in the war against Napoleon; and Natasha Rostov, the beautiful young daughter of a nobleman who intrigues both men.

A s Napoleon’s army invades, Tolstoy brilliantly follows characters from diverse backgrounds—peasants and nobility, civilians and soldiers—as they struggle with the problems unique to their era, their history, and their culture. And as the novel progresses, these characters transcend their specificity, becoming some of the most moving—and human—figures in world literature.

2. At Home: A Short History of Private Life by Bill Bryson
With his signature wit, charm, and seemingly limitless knowledge, Bill Bryson takes us on a room-by-room tour through

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