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“I don’t know anyone who’s wise who doesn’t read a lot. But that’s not enough: You have to have a temperament to grab ideas and do sensible things. Most people don’t grab the right ideas or don’t know what to do with them.”

-Charlie Munger

At Rainy Day we believe that vicarious learning through the experiences of others is one of the more rewarding sources of applicable wisdom.

We share below a list of the books that underpin the work we are doing at Rainy Day. The list is far from exhaustive; it emphasizes subjects, authors and works that we think are underappreciated.

Powerful forces that are poorly understood (recursion, compounding, abstraction)

Applying logic & reason to finance

Understanding risk & uncertainty

People are LLMs, not calculators

The joy of building & figuring things out