Elizabeth Rowe of Bookish lists seven business classics and lessons that can be learned from reading them. “These nonfiction narratives about business disasters, market peaks, and scandals ranging from Enron to the leveraged buyout of RJR Nabisco by KKR capture precarious situations and very, very expensive mistakes.” Here they are:

  1. Barbarians At the Gate: The Fall of RJR Nabisco, by Bryan Burrough – “The biggest LBO isn’t necessarily the best.”
  2. The Wizard of Lies: Bernie Madoff and the Death of Trust, by Diana B. Henriques – “If it seems too good to be true, then it probably is.”
  3. Too Big to Fail, by Andrew Ross Sorkin – “Sometimes home values fall.”
  4. Liar’s Poker, by Michael Lewis – “Corporate culture matters.”
  5. The Smartest Guys in the Room: The Amazing Raise and Scandalous Fall of Enron – “Just because mark-to-market accounting is legal doesn’t mean you should use it.”
  6. The Wolf of Wall Street, by Jordan Belfort – “Creatively interpreting disclosure laws will cost you.”
  7. Den of Thieves, by James B. Stewart – “Insider trading is illegal. Period.”
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