Bullish on Books: Tom and Scarlet's Must-Read Market Books

Summary

Scarlet Fu and Tom Keene discuss two must-read market books: 'The Trading Game' by Gary Stevenson, a former Citigroup trader who bet on low rates and rising inequality, and 'Reminiscences of a Stock Operator', a 103-year-old classic they recommend re-reading regularly.

• Gary Stevenson's core thesis was that interest rates would remain low and inequality would worsen.
• Stevenson earned a £400,000 bonus in his first full year as a trader at age 23.
• After leaving the industry, he started a YouTube channel teaching real-world economics.
• 'Reminiscences of a Stock Operator' is described as definitive, with a lesson about every four pages.
• Tom Keene recommends re-reading it every five years and highlights the annotated hardcover edition.
• Both books are presented as essential reading for traders and market participants.