
Thinking in Systems
Donella Meadows · 2008
The most accessible introduction to systems thinking: feedback loops, stocks and flows, delays, nonlinear dynamics, and emergent behavior. Markets ARE complex adaptive systems, and seeing them that way is a paradigm shift most professional investors never achieve. Meadows' insight that rational individual actions can produce collectively irrational outcomes explains half of what's puzzling about financial markets.
Business & Investing · the Pro canon
The case for it, the case against, and the rest of the canon open with Pro.