Here are the key points from the article:
- The author shares his top five books of 2023 for informing a fintech strategy, aimed at entrepreneurs and investors.
- Sebastian Mallaby’s book, “Powerlaw: Venture Capital And The Making Of The New Future,” highlights the dynamics in startups and the importance of building a venture capital moat.
- Chris Miller’s book, “Chip War: The Fight for the World’s Most Critical Technology,” explores the rise of semiconductors and the vulnerabilities of global supply chains.
- Michael Lewis’s book, “Going Infinite: The Rise and Fall of a New Tycoon,” tells the story of the CEO of FTX and emphasizes the importance of governance in fintech startups.
- Ray Dalio’s book, “Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail,” discusses the macroeconomic backdrop affecting venture capital and financial services.
- David Rubenstein’s book, “How to Invest: Masters on the Craft,” highlights the importance of being contrarian and cultivating a wide and diverse network.
The author concludes by asking for recommendations on books to read for 2024.
Overall, the key elements of the article are:
- The importance of reading books to inform a fintech strategy
- Book recommendations for entrepreneurs and investors
- Key themes from each book, such as venture capital dynamics, supply chain vulnerabilities, governance in fintech, macroeconomic trends, and the importance of being contrarian
- A call for recommendations on books to read in 2024
