Three Private Equity Books That You Never Thought Would Apply to Private Equity

Private Equity Learning Materials

Private equity literature is a great source of knowledge for those interested in the investment field. Such literature consists of books and private equity consulting reports such as the Bain & Company Private Equity Report and the McKinsey Global Private Markets Review.


Three Books You Would Never Expect Apply to Private Equity

These books are not explicitly about private equity concepts, but have implicit lessons that can be taken and applied to private equity investing. Those books are:

  • Thinking, Fast and Slow - Daniel Kahneman: decision-making aspects that include heuristics and biases, overconfidence, and choices. Investors can appreciate the importance of understanding how the mind works when making decisions
  • Sam Walton: Made in America - Sam Walton & John Huey: deep dive into the building of Walmart. Some excellent points on competitor analysis and aligning passion and business, make for a good read for interested investors
  • Guns, Germs, and Steel - Jared Diamond: breakdown of how human societies have developed around the world. Investors can learn a lot about investing in a constantly changing global infrastructure, by having foundational knowledge of how we got to where we are today