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These are the 10 books recommended by our experts for the summer

Jul 24, 2024

Redacción Mapfre

Redacción Mapfre

Summer vacation is just around the corner, and it’s the perfect time to pick up all the books we’ve set aside during the year. Can’t think of any? Not to worry: our experts at MAPFRE AM and MAPFRE Gestión Patrimonial give you their recommendations.

Episodios Nacionales, by Benito Pérez Galdós

Recommended by Carmen Mondéjar Santiago, Chief Fixed-Income Investment Officer at MAPFRE AM

The Episodios Nacionales collection, written by Galdós between 1872 and 1912, is made up of 46 historical novels narrating the main events that took place in Spain during the 19th century. It begins with ‘Trafalgar,’ which recounts the famous battle, and ends with ‘Cánovas,’ which covers the events between 1874 and 1880

When Genius Failed: The Rise and Fall of Long-Term Capital Management, by Roger Lowenstein

Recommended by Ignacio Amo, Fund Selector at MAPFRE Gestión Patrimonial

The author tells the story of the Long-Term Capital Management (LTCM) hedge fund. Founded in 1994 and with two Nobel laureates in economics on its board of directors, the vehicle performed well in its early days, but only four years after its founding, it recorded losses of billions of dollars.

Co-Intelligence: Living and Working with AI, by Ethan Mollick

Recommended by Patrick Nielsen, Deputy General Manager of MAPFRE AM

The emergence of artificial intelligence is transforming the way we live, work, and learn. Mollick takes an in-depth look at all the changes taking place, emphasizing practical aspects and exploring how this new technology can transform our world.

One Up On Wall Street, by Peter Lynch

Recommended by Javier de Berenguer, Investment Manager and Fund Selector at MAPFRE Gestión Patrimonial

In this classic of financial literature, investor Peter Lynch explains how to make money by investing in the stock market. In his view, individual investors can attain multiples similar to those of professionals if they know how to effectively use the information available to them.

The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, by Morgan Housel

Recommended by Ismael García Puente, Head of Investment and Fund Selector at MAPFRE Gestión Patrimonial

Housel invites the reader to reflect on their relationship with money: what they really want from money and what their financial goals are. The author gives 18 timeless keys to understanding the psychology of money and which habits and behaviors help not only to generate wealth, but also to keep it.

Shoe Dog, by Phil Knight

Recommended by Daniel Sancho, Director of Investment at MAPFRE Property

In his memoir, Nike’s founder tells the story behind the founding of the company, which started with only $50 and a business model very different from today’s: importing inexpensive, high-quality athletic shoes from Japan and selling them in the United States.

The Gay Science, by Friedrich Nietzsche

Recommended by Nicole Sophie Gómez Adenis, U.S. Equity and Global Multi-Asset Manager at MAPFRE AM

This is one of the philosopher’s foremost works, which he acknowledged as his most personal book, “a portrait of himself.” The last work of his most negative era, it’s intimately linked to the experience of healing and the gratitude that comes with convalescence.

The Father Brown stories, by G. K. Chesterton

Recommended by Alberto Matellán, Chief Economist at MAPFRE Inversión

The Father Brown series of short stories, published between 1910 and 1935, follows the adventures of a priest-detective (based on Chesterton’s friend, the Irish priest John O’Connor) who solves mysteries and crimes armed only with his umbrella, innocence, and wisdom.

Basic Economics, by Thomas Sowell

Recommended by Paloma Ramos, Financial and Sustainability Risk Manager at MAPFRE AM

Basic Economics is a manual that clearly explains how the economy functions, covering contemporary topics such as collective bargaining and the real-world impacts of stock markets. It also highlights the general principles underlying all types of economic policy.

The maid's daughters by Sonsoles Ónega

Raquel Arteaga, Head of Financial Risks and Sustainability at MAPFRE AM

Winner of the Planeta Award in 2023, this wonderful novel charts the birth of Clara and Catalina into a Galician stately home and a vengeance that will dramtically impact their lives and those of the whole family.

High levels of debt and deficit threaten global growth

High levels of debt and deficit threaten global growth

High levels of debt and deficit in many countries are among the main medium-term risks to the stability of the financial system. Both the financial system and the real economy may be impacted by public and private leverage aimed at sustaining dynamism, as detailed in the report “Economic and Sectoral Outlook 2024: Prospects for the Second Half of the Year,” by MAPFRE Economics.

How to buy the Knicks and the Rangers 50% off

How to buy the Knicks and the Rangers 50% off

Madison Square Garden Sports Corp. (NYSE: MSGS) owns two of the most iconic franchises in the world of sports: the New York Knicks and the New York Rangers. Over the past 4 years, the value of the Knicks and Rangers as estimated by Forbes have increased by 65% and 61%, respectively, but despite this substantial increase, MSGS’s shares have increased by a meager 26%.

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