{"id":2453185,"date":"2022-12-08T16:08:24","date_gmt":"2022-12-08T21:08:24","guid":{"rendered":"https:\/\/www.valuewalk.com\/?p=2453185"},"modified":"2022-12-08T16:08:24","modified_gmt":"2022-12-08T21:08:24","slug":"whats-oaktree-reading-2022-year-end-book-recommendations","status":"publish","type":"post","link":"https:\/\/www.valuewalk.com\/whats-oaktree-reading-2022-year-end-book-recommendations\/","title":{"rendered":"What&#8217;s Oaktree Reading? 2022 Year-End Book Recommendations"},"content":{"rendered":"<p>Books introduce us to fresh ideas and new perspectives, helping us to better understand the world and our place within it. This was especially useful in 2022 \u2013 a year marked by geopolitical shocks, rapid reversals in long-term trends, and tremendous uncertainty.<\/p>\n<p>Check out ten books that taught Oaktree team members important lessons about work, life, and how to make sense of a world that never stops changing.<\/p>\n\n\t<!-- Begin Mailigen Signup Form -->\n\t<script type=\"text\/javascript\">\n\t\tif (typeof jQuery == 'undefined') {\n\t\t\tdocument.write('<scr' + 'ipt type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/jquery.js\"><\/scr' + 'ipt>');\n\t\t}\n\t<\/script>\n\t<script language=\"javascript\" type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/scripts.js\"><\/script>\n\t<script language=\"javascript\" type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/subscribe2.js\"><\/script>\n\t<div id=\"MG-placeholder\">\n\t<style>.first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important}\n\n\tform.ebook-styles .error,\n\tform.ebook-styles #error {\n\t\tcolor:#d00;\n\t}\n\tform.ebook-styles .formfields h1,\n\tform.ebook-styles .formfields #mg-logo,\n\tform.ebook-styles .formfields #mg-footer {\n\t\tdisplay: none;\n\t}\n\tform.ebook-styles .formfields {\n\t\tfont-size: 12px;\n\t}\n\tform.ebook-styles .formfields p {\n\t\tmargin: 4px 0;\n\t}\n\t<\/style>\n<div style=\"background:#eee;display:block;overflow:hidden;margin-bottom:24px;padding:40px;\">\n<div class=\"two-thirds first\">\n<p style=\"font-size:22px;margin:0 0 10px;\">Get The Full Walter Schloss Series in PDF<\/p>\n\t<p style=\"line-height:1.4;margin-bottom:0;\">Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.<\/p>\n\t<form action=\"https:\/\/valuewalk.us4.list-manage.com\/subscribe\/post?u=c3eb7a1d092fc854772c834e0&amp;id=f6f5bdb8b5\" method=\"post\" id=\"mc-embedded-subscribe-form\" name=\"mc-embedded-subscribe-form\" class=\"validate\" target=\"_blank\" novalidate>\n <div id=\"mc_embed_signup_scroll\">\n \n\t\t\t\t<div class=\"af-element mc-field-group \">\n\t\t\t\t\t<div class=\"af-textWrap c1\"><input type=\"email\" value=\"\" placeholder='Email Address' name=\"EMAIL\" class=\"required af-element email\" id=\"mce-EMAIL\"><\/div>\n\t\t\t\t\t<div class=\"af-clear\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"af-element buttonContainer\">\n\t\t\t\t\t<input type=\"submit\" value=\"Subscribe\" name=\"subscribe\" id=\"mc-embedded-subscribe\" class=\"button\">\n\t\t\t\t<\/div>\n \n \n\t<div id=\"mce-responses\" class=\"clear\">\n\t\t<div class=\"response\" id=\"mce-error-response\" style=\"display:none\"><\/div>\n\t\t<div class=\"response\" id=\"mce-success-response\" style=\"display:none\"><\/div>\n\t<\/div>    <!-- real people should not fill this in and expect good things - do not remove this or risk form bot signups-->\n    <div style=\"position: absolute; left: -5000px;\" aria-hidden=\"true\"><input type=\"text\" name=\"b_c3eb7a1d092fc854772c834e0_f6f5bdb8b5\" tabindex=\"-1\" value=\"\"><\/div>\n    \n    <\/div>\n\t<\/form>\n\t<script type='text\/javascript' src='\/\/s3.amazonaws.com\/downloads.mailchimp.com\/js\/mc-validate.js'><\/script><script type='text\/javascript'>(function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true);<\/script>\n<\/div>\n<div class=\"one-third\">\n<img decoding=\"async\" src=\"https:\/\/www.valuewalk.com\/wp-content\/uploads\/2017\/06\/Walter-Schloss_FINAL_JPG.jpg\" alt=\"Walter Schloss eBook\" style=\"width:100%; height:auto\">\n<\/div><\/div><\/div><!-- End Mailigen Signup Form -->\n<p style=\"text-align: center;\"><a href=\"https:\/\/valuewalkpremium.com\/q3-2022-hedge-fund-letters-database-maverick-south-point-coatue-exoduspoint-greenlight-third-point-carlson-and-much-more-updated-103\/\" target=\"_blank\"><em><strong>Q3 2022 hedge fund letters, conferences and more<\/strong><\/em><\/a><\/p>\n<div class=\"ca-widget\" data-token=\"m5f3830f9359\">&nbsp;<\/div>\n<p><script async=\"\" defer=\"\" src=\"https:\/\/secure.money.com\/embeds\/embedder.js?v=1\"><\/script><\/p>\n<h2>Oaktree's Year-End Book Recommendations<\/h2>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3h9r7u3\" rel=\"nofollow\" target=\"_blank\"><strong>Mistakes Were Made (but Not by Me): Why We Justify Foolish Beliefs, Bad Decisions, and Hurtful Acts<\/strong><\/a> by Carol Tavris and Elliot Aronson<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.oaktreecapital.com\/about\/leadership\/bio\/howard-marks\" rel=\"nofollow\" target=\"_blank\">Howard Marks<\/a><em> - Co-Chairman<\/em><\/p>\n<p>I read this extremely interesting book on self-justification last summer at the suggestion of my son, Andrew. The authors explain that \u201ccognitive dissonance\u201d arises when people are confronted with new evidence that calls into question their preexisting beliefs.<\/p>\n<p>When this happens, unconscious mechanisms enable people to justify and uphold their original positions, despite the evidence to the contrary. This concept helps explain why people often engage in activities that have long proven to be futile \u2026 like macro forecasting.<\/p>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3Prsi53\" rel=\"nofollow\" target=\"_blank\"><strong>How Will You Measure Your Life?<\/strong><\/a> by Clayton Christensen, James Allworth, and Karen Dillon<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.oaktreecapital.com\/about\/leadership\/bio\/nicole-adrien\" rel=\"nofollow\" target=\"_blank\">Nicole Adrien<\/a><em> - Chief Product Officer and Global Head of Client Relations<\/em><\/p>\n<p>Clayton Christensen \u2013 an inspirational expert on leadership, strategy, and <a href=\"https:\/\/www.valuewalk.com\/3-in-4-americans-say-they-would-leave-their-banks-for-fintech-services\/\">innovation<\/a> \u2013 is one of my favorite management thinkers of all time. In this book, he and his colleagues juxtapose business strategy with life strategy to help readers better understand cause and effect, what really matters, and the importance of identifying your purpose when measuring success in life and work.<\/p>\n<p>It\u2019s a great read that can help you develop a more sophisticated business-management mindset and also serve as inspiration when you\u2019re defining your personal yardsticks.<\/p>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3uzaCdV\" rel=\"nofollow\" target=\"_blank\"><strong>The Book of Form and Emptiness<\/strong><\/a> by Ruth Ozeki<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.oaktreecapital.com\/about\/leadership\/bio\/priya-prasad-bowe\" rel=\"nofollow\" target=\"_blank\">Priya Prasad Bowe<\/a><em>&nbsp;- Managing Director, Head of ESG<\/em><\/p>\n<p>Ozeki\u2019s unconventional novel is a beautiful coming-of-age story about belonging, difference, peace, and perception. Ozeki\u2019s background as a Zen Buddhist priest is evident throughout the book. It took me a while to read, not because it was tedious but because it gave me a lot to think about.<\/p>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3iQfDMN\" rel=\"nofollow\" target=\"_blank\"><strong>Recessional: The Death of Free Speech and the Cost of a Free Lunch<\/strong><\/a> by David Mamet<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.oaktreecapital.com\/about\/leadership\/bio\/jay-wintrob\" rel=\"nofollow\" target=\"_blank\">Jay Wintrob<\/a><em>&nbsp;- Chief Executive Officer<\/em><\/p>\n<p>Mamet\u2019s latest book is a thought-provoking exploration of how attitudes about freethinking have changed in the United States in recent decades. He critiques the conformity that is threatening the intellectual life of this country and explains that when we attack freedom of thought and expression, we stymie innovation and undermine the foundations of democracy.<\/p>\n<p>The book broadened my perspective on recent events in a major way. Mamet\u2019s frequent references to the Bible, books, movies, plays, and historical events were fascinating and remarkably varied. Finally, he is a great writer.<\/p>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3VZa0de\" rel=\"nofollow\" target=\"_blank\"><strong>How the World Really Works: The Science Behind How We Got Here and Where We\u2019re Going<\/strong><\/a> by Vaclav Smil<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.oaktreecapital.com\/about\/leadership\/bio\/steven-gilbert\" rel=\"nofollow\" target=\"_blank\">Steven Gilbert<\/a><em>&nbsp;- Outside Director, Oaktree Board of Directors; Founder of Gilbert Global Equity Partners<\/em><\/p>\n<p>Vaclav Smil, who is Bill Gates\u2019s favorite scientist, has written an unemotional, apolitical, science-based study of key issues that are impacting the world today, including energy, industry, and the interplay between them. The book is data-rich, interdisciplinary, and raises provocative questions that don\u2019t have easy answers.<\/p>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3iLqOGk\" rel=\"nofollow\" target=\"_blank\"><strong>Give and Take: Why Helping Others Drives Our Success<\/strong><\/a> by Adam Grant<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.oaktreecapital.com\/about\/leadership\/bio\/allison-lee\" rel=\"nofollow\" target=\"_blank\">Allison Lee<\/a><em>&nbsp;- Vice President; Product Specialist, Direct Lending<\/em><\/p>\n<p>Adam Grant takes the \u201cgood guys finish last\u201d maxim and flips it on its head in this thought-provoking book, which offers an uplifting take on how to approach <a href=\"https:\/\/www.valuewalk.com\/flexjobs-highlights-top-35-companies-for-flexible-schedule-remote-jobs\/\">work and life<\/a>. I found myself revisiting Grant\u2019s insights on relationships, success, and reciprocity long after I had finished the book. <em>Give and Take<\/em> is a refreshing read and a reminder that a little humanity goes a long way.<\/p>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3Y92D4J\" rel=\"nofollow\" target=\"_blank\"><strong>What I Talk About When I Talk About Running<\/strong><\/a> by Haruki Murakami<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.oaktreecapital.com\/about\/leadership\/bio\/anna-szymanski\" rel=\"nofollow\" target=\"_blank\">Anna Szymanski<\/a><em>&nbsp;- Vice President, Senior Financial Writer<\/em><\/p>\n<p>It\u2019s no mystery why many writers are attracted to long-distance running. To pursue either activity seriously, you have to be internally motivated, enjoy spending hours alone with your thoughts, and find overcoming discomfort far more satisfying than being comfortable.<\/p>\n<p>Murakami\u2019s beautifully composed meditation on both disciplines offers insights on self-awareness, discipline, and acceptance that are applicable whether you\u2019re running the last 10K of a marathon, reviewing your 57th draft of a manuscript, or tackling the latest challenge life has thrown your way.<\/p>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3Y0GJka\" rel=\"nofollow\" target=\"_blank\"><strong>The New Map: Energy, Climate, and the Clash of Nations<\/strong><\/a> by Daniel Yergin<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.oaktreecapital.com\/about\/leadership\/bio\/sohko-fujimoto\" rel=\"nofollow\" target=\"_blank\">Sohko Fujimoto<\/a><em>&nbsp;- Senior Vice President, European Senior Loans and High Yield Bonds<\/em><\/p>\n<p>2022 was a year when we saw the collision of many macro-level challenges \u2013 such as geopolitical crises, energy concerns, rising interest rates, elevated inflation, and currency risk \u2013 that markets have had the luxury of ignoring for the better part of 15 years.<\/p>\n<p>I picked up this book to reacquaint myself with global politics through the lens of the energy market, an area in which Pulitzer Prize-winner Daniel Yergin has become a leading expert. The story that Yergin weaves is well worth a read if you want insight into the history and the plumbing \u2013 quite literally \u2013 of today\u2019s global political and energy systems.<\/p>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3iIwHnH\" rel=\"nofollow\" target=\"_blank\"><strong>The Last Thing You Surrender<\/strong><\/a> by Leonard Pitts, Jr.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.oaktreecapital.com\/about\/leadership\/bio\/joe-fergus\" rel=\"nofollow\" target=\"_blank\">Joe Fergus<\/a><em>&nbsp;- Managing Director, Marketing and Client Services<\/em><\/p>\n<p>This historical novel was my favorite book of this year \u2013 and perhaps the last ten years. It\u2019s set during World War II and follows three characters from the South, exploring the impact that the war and racism have on their lives. The book shows how Americans can come together to tackle a collective threat and, importantly, highlights our ability to change.<\/p>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3FcyEAk\" rel=\"nofollow\" target=\"_blank\"><strong>21 Lessons for the 21st Century<\/strong><\/a> by Yuval Noah Harari<\/li>\n<\/ul>\n<p>Isobel Hepsworth<em>&nbsp;- Associate, European Principal Group<\/em><\/p>\n<p>In a world of information overload, it\u2019s often hard to see the bigger picture. This book lays out some of the most significant issues that humans are facing \u2013 or could likely face \u2013 during the twenty-first century.<\/p>\n<p>This includes everything from the evolution of politics to the complicated questions that artificial intelligence could raise about what it means to be human. Harari doesn\u2019t offer any simple answers. He instead encourages us to consider how we can redefine the future and make sense of our increasingly complex existence.<\/p>\n<p><strong><em>Article by <a href=\"https:\/\/www.oaktreecapital.com\/insights\/insight-commentary\/market-commentary\/2022-year-end-book-recommendations\" rel=\"nofollow\" target=\"_blank\">Oaktree<\/a><\/em><\/strong><\/p>\n ","protected":false},"excerpt":{"rendered":"<p>Books introduce us to fresh ideas and new perspectives, helping us to better understand the world and our place within &#8230; <a title=\"What&#8217;s Oaktree Reading? 2022 Year-End Book Recommendations\" class=\"read-more\" href=\"https:\/\/www.valuewalk.com\/whats-oaktree-reading-2022-year-end-book-recommendations\/\" aria-label=\"More on What&#8217;s Oaktree Reading? 2022 Year-End Book Recommendations\">Read more<\/a><\/p>\n","protected":false},"author":2476,"featured_media":2453186,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[7],"tags":[663437,663436,663435,663432,663431,663434,663433],"states":[],"acf":[],"modified_by":"Umair Tariq","_links":{"self":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2453185"}],"collection":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/users\/2476"}],"replies":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/comments?post=2453185"}],"version-history":[{"count":0,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2453185\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media\/2453186"}],"wp:attachment":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media?parent=2453185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/categories?post=2453185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/tags?post=2453185"},{"taxonomy":"states","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/states?post=2453185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}