"Theranos founder Elizabeth Holmes was a few years ahead of me at Stanford. It's one of the greatest diligence misses of all time. As you think about that as investor, there are a lot of lessons to be learned."
"A Journal for Jordan: A Story of Love and Honor" by Dana Canedy
Rising Star: Anna Ashurov, vice president of investment banking, Goldman Sachs
"Because I have children, it really resonated with me. The book is basically a journal that a man wrote for his son while he was in the military, and he ended up dying in Iraq. He left this journal for his son to help him live his life; it offers him lessons for his life as he grows up.
"Reading takes you away from your day-to-day, and it gives you the ability to be in a different environment or setting and lets you be creative a little bit."
Rising Star: Tian Zeng, senior credit-index trader, Deutsche Bank
"I am a little biased because I started my career at Citigroup, which is formerly Salomon Brothers. I also recommend 'Panic!' by Michael Lewis, and I generally like all the 'Market Wizards' series, which are helpful in knowing what fits your trading style and what doesn't."
Rising Star: Jackie Klaber, head of opportunistic investing, Rockefeller Capital Management
"I recently read 'Shoe Dog,' which is Phil Knight's autobiography and the story of how he founded Nike. I chose it because our firm is, in some respects, a startup, as we are launching new lines of business and building upon others, and I wanted to learn about an entrepreneur's success story. Nike certainly had some difficult and existential issues in its early years, and the book was a good reminder about the importance of perseverance and believing in the value of one's work."
"Flash Boys: A Wall Street Revolt" by Michael Lewis
Rising Star: Michael Sonnenshein, managing director, Grayscale Investments
"'Flash Boys' was a prime example of how technological innovation and forward-thinkers can reshape an entire industry. In 'Flash Boys,' novel computer algorithms and communications networks caused both market structure and behavioral changes to the trading industry.
"Similarly, today we're experiencing the confluence of cryptography, blockchain technology, and distributed systems, which are meaningfully challenging preconceived notions of not just the financial industry but what constitutes money. From my seat at Grayscale Investments (a subsidiary of Digital Currency Group), rather than reading about technological innovation and the forward-thinkers leading that charge, I am fortunate to have the opportunity to be one of them."
Rising Star: Kim Stolz, head of prime brokerage sales in the Americas, Bank of America Merrill Lynch
"While not the most uplifting of books, Faulkner always sheds light on present topics and challenges we face through a different setting than we'd encounter today. In an age where the market continues its euphoria — though arguably not in the last few weeks — 'The Sound and the Fury' provides a stark contrast of a different time, which is forgotten too easily today."