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Here are the 3 book recommendations the CEO of $1.7 trillion investment giant PIMCO recommended to a room full of investors
Here are the 3 book recommendations the CEO of $1.7 trillion investment giant PIMCO recommended to a room full of investors
Meghan MorrisMay 14, 2019, 19:21 IST
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Manny Roman oversees $1.7 trillion as CEO of PIMCO. He recently recommended three books at an investment conference, one of which Barack Obama and Bill Gates have also praised.
His top picks are "Educated," a memoir by Tara Westover about growing up in a fundamentalist family, and biographies of Winston Churchill and Frederick Douglass.
PIMCO's CEO Manny Roman oversees $1.7 trillion, but still finds time to read.
At Morningstar's annual investment conference in Chicago last week, Roman talked tech and asset management, as well as book recommendations. He highlighted three recent picks.
Tara Westover didn't step foot in a classroom until she was 17.
Her memoir, "Educated," details her life as a member of a fundamentalist family so isolated from mainstream society it didn't educate its children. After one of her brothers made it to college, Westover decided it was time to leave the world she grew up in and seek an education for herself. Her quest took her from the halls of Harvard to the classrooms in Cambridge, where she finally earned a PhD.
Roman called the book "fantastic" and said he recommends it to everyone.
"It's just hard to believe that it happens in the 21st century in America," he said. "It's also a fascinating story about the power of will."
"Churchill: Walking with Destiny" by Andrew Roberts
The 2018 biography on Winston Churchill was a New York Times bestseller. The book catalogues Churchill's journey from child to legacy, and a New York Times reviewer called it "the best single-volume biography of Churchill yet written."
Roman said the book was "wonderful and very amusing."
Aryeh Bourkoff, the tech, media, and telecom banker who founded LionTree Advisors, also recommended the book in an end-of-year staff memo, Business Insider reported in December.
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