00:00Something's changed in America.
00:01I was told three or four years ago, books were going to die, books were going to go away.
00:05Get your Kindle out, your pad, whatever.
00:08And if you look out on Twitter, books are oh so in.
00:11Some kid, they say they're dad books.
00:13You've got kids reading War and Peace and Anna Karina and all the rest of it.
00:17Anna Karina is a dad book?
00:19No, it's not.
00:19But it's like books are in again.
00:21And we are thrilled to look at the books that are out there right now.
00:26And it's the money books of summer.
00:28Let me show you my book.
00:28I picked this earlier on.
00:30This is a more academic book.
00:32It's a more dweeb book.
00:33No math.
00:34But it's a giant.
00:35Barry Eichen Green of Berkeley, Money Beyond Borders.
00:39And why this is important to all of us is every chapter, the Dutch, the Italians before the Dutch,
00:46the English of the 19th century, and now America, every chapter, Scarlett, ends in a kind of financialization
00:55of fancy people in suits and bow ties trying to make an arbitrage, trying to make a niche.
01:01I love the fact that it goes through history because that's what we all tend to forget as well.
01:04So my book that I just finished reading is Lloyd Blankfein's memoir, Streetwise, Getting to and Through Goldman Sachs.
01:10I like the whole thing about how he felt like an outsider because he came from Jay Aarons.
01:14But what I thought was really interesting was he advises young people interested in finance to study history in college
01:19because that way you understand cycles, you understand context, you understand human behavior.
01:25And what's interesting about the CEO books is you know right away, are they genuine or not?
01:30And Blankfein's came right out, right out of the page.
01:32His sense of humor is all over the place, I mean especially in the captions for the pictures, they were
01:36great.
01:36Can you imagine the book that Jamie Dimon's going to write someday?
01:40I'm sure there's a bidding war for that already.
01:42Wait, his annual report is a book in itself.
01:43There you go, there you go.
01:44I forgot about that.
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