Ativo Capital

Rigorous Thinking

Financial and economic commentary reflecting Ativo’s world view:

Ativo’s Summer Reading List

Tuesday, July 28, 2015


In recognition of a summer vacation tradition, we’re taking a break from serious commentary to share what the Ativo team has been reading.   As this reflects our personal summer reading, it is furnished “as is,” without warranty of any kind.

Ram Gandikota, Senior Portfolio Manager & Associate Director of Research, is reading Steve Pinker’s “The Better Angels of Our Nature: Why Violence Has Declined” and “Business Adventures” by John Brooks, which he describes as “a collection of fascinating stories” that are “still relevant today in understanding how corporations function.”

Senior Performance Analyst Amanda Dice is busy studying for her CPIM exam, but still wants to revisit Perry Mehrling’s book on Fischer Black. When she has a spare moment for fun, she turns to James Paterson’s Alex Cross series.

Adan Galvan, Senior Portfolio Manager & Head Trader, likes “Flash Boys” by Michael Lewis and Eric Beinhocker’s “Origin of Wealth,” which he describes as a “tour de force” of evolutionary economics.

Office Manager Maria Rosales has been busy with Stephen King’s “Finders Keepers” and “Off to be the Wizard” by Scott Meyer. She describes the latter as a sci-fi comedy about a young hacker who figures out how to manipulate reality.

Kelly O’Malley, Relationship Manager, is watching the mail for her copy of “Marketing Institutional Money Management Services” by Philip Halpern, who is a member of Ativo’s Board of Advisors.

Eric Pucek, Chief Compliance Officer & Operations Manager, is busy reading compliance related publications, but has polished off a good portion of “A Song of Ice and Fire,” the first book in the Game of Thrones series, by George R. R. Martin.

HuanKiat Tang, Senior Securities System Analyst, also enjoys reading Game of Thrones, is working on “Administering Microsoft SQL Server 2012 Databases (MCSA)” by Orin Thomas, and also recommends “Natural Acts,” a sidelong view of science and nature by David Quammen.

Portfolio Operations Accountant Maria Saldana just started “Mr. Penumbra’s 24-Hour Bookstore,” by Robin Sloan, which she thought sounded intriguing and creative, with a sense of adventure.

Dennis Aust, Director of Research & Deputy CIO, managed to find a copy of “The Woolsey Papers,” an out-of-print collection of Robert “Gene” Woolsey’s essays and columns on applied operations research.   Although the subject may sound tedious, he says the book is actually “both wise and entertaining.” He just finished “The Second Machine Age” by Erik Brynjolfsson and Andrew McAfee, and has been making his way through Grinold & Kahn’s “Active Portfolio Management.” G. B. Shaw’s “Misalliance” is queued up for his next long flight.

Finally, Ricardo Bekin, CEO and CIO, is just starting Eric Schmidt’s “How Google Works,” although he is compelled to note that this in no way reflects Ativo’s assessment of Google as an investment.

Enjoy your summer!