Pavel Sokolovsky

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book recommendations · Jul 2015

The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance

It’s hard to overstate the impact of the Morgan family & their legacy firms on global business. The story is a deep dive from the family’s beginnings when Junius Morgan became the partner of George Peabody in US-British trade through the fracturing of JP Morgan, Morgan Stanley, Morgan Guarantee, etc. (View on Amazon)

book recommendations · Apr 2015

Andrew Carnegie

A true rags-to-riches story. Carnegie was a Scottish immigrant who made his fortune in the steel business, and then worked for many years to “give it away”. After he sold out (to JP Morgan), he was having trouble giving his money away fast enough, due to the effects of compound interest. (View on Amazon)

book recommendations · Mar 2015

The First Tycoon: The Epic Life of Cornelius Vanderbilt

Vanderbilt was another remarkable titan of industry. Making his original fortune in steamships, he switched gears and went all-in on railroads once he caught wind of the opportunity. Fun fact from the author - at the time of his death he was so rich that he effectively controlled $1 out of every $20 in circulation. (View on Amazon)

book recommendations · Feb 2015

The Oligarchs: Wealth and Power in the New Russia

Russians are crazy! This book details what happened through the transition from communism to capitalism, and how that resulted in a few newly-minted Billionaires taking the lion’s share of property for themselves. (View on Amazon)

book recommendations · Jan 2015

Atlas Shrugged

Regardless of your view of Ayn Rand’s politics, it’s hard not to enjoy this book. It’s a really amazing story that tugs at a variety of human emotions. And if you also believe in some or all of her philosophy, there’s obviously plenty of that in this 63 hours of audio! (View on Amazon)