Books for Your 2022 Summer Reading List

The Key Wealth Institute

<p>Books for Your 2022 Summer Reading List</p>

The Key Wealth Institute is a team of highly experienced professionals from across wealth management, dedicated to delivering commentary and financial advice. From strategies to manage your wealth to the latest political and industry news, the Key Wealth Institute provides proactive insights to help grow your wealth.

Summer is upon us once again, and there’s no better place to catch up on your reading than the beach or wherever you choose to get away (even if it’s the hammock in your backyard). But while a good thriller or romantic novel is always a solid choice, so is a well-written book that helps develop our skills or enhance our knowledge of the world. With that in mind, we asked our Wealth Institute team to help us curate the perfect summer reading list for 2022. Here are the books and podcasts they thought our readers might enjoy.

Renee Porter-Medley, Regional Planning Strategist

“Nonviolent Communication: A Language of Life” by Marshall B. Rosenberg, PhD
The author’s approach to conflict is also referred to as Compassionate Communication. Rosenberg shows us how to help create a more peaceful and satisfying world. I read and discussed this book with my Purposeful Planning Institute Book Club and now I am trying to apply the recommended four-step process (observations, feelings, needs, requests) at home and at work. One of the biggest changes is learning to distinguish between how I feel and what I think about how others react or behave towards me.

George Mateyo, Chief Investment Officer

"Moonshot - Inside Pfizer's Nine Month Race to Make the Impossible Possible” by Dr. Albert Bourla
Here, readers can understand firsthand the heroic efforts undertaken to achieve one of the greatest advances in modern medicine. In so doing, they will gain new appreciation for the importance of setting coordinated, ambitious goals and what it takes to achieve them. They will also marvel at numerous groundbreaking accomplishments and the power of human ingenuity.

Michael Shay, Senior Research Analyst

“Red Notice: A True Story of High Finance, Murder and One Man’s Fight for Justice” by Bill Browder
It tells the story of a US hedge fund manager running a fund out of Moscow that quickly finds himself in the middle of a humanitarian crisis borne on the backs of Russian corruption in the management of several companies owned/managed by prominent Russian oligarchs at the time. A very compelling story and one that sheds light on the disparate ways the capital markets function in western economies vs Russia.

Rajeev Sharma, Managing Director of Fixed Income

"The Voltage Effect: How to Make Good Ideas Great and Great Ideas Scale” by John A. List, a leading economist
The insights around the scalability of ideas are relatable in what we do in the investment management space, however, applicable to many other areas, including policymaking, business, healthcare, etc. I am particularly enjoying the real-life examples that List provides the reader with and the focus on behavioral outcomes.

Paul Kieffer, Regional Planning Strategist

"The Checklist Manifesto – How To Get Things Right” by Atul Gawande
Avoidable failures plague us in almost every realm of organized activity, including healthcare, government, the law, and the financial industry. The author makes a compelling argument that reductions in failures can be achieved by use of the lowly checklist. The book is full of stories about how checklists saved lives in hospitals, kept airplanes aloft, etc. and highlights how checklists can bring striking improvements in efficiency, safety and can be used in just about any industry.

Gretchen Miller, Senior Client Experience Manager

“Predictably Irrational” by Dan Ariely
This book is an incredibly easy read, surprisingly so given that it explores the psychological field of behavioral economics. Read this book if you want to learn more about yourself, or why people don’t always seem rational around money and belongings.

Donald Saverno, Senior Lead Research Analyst

“Working: People Talk About What They Do All Day and How They Feel About What They Do” by Studs Terkel
Written way back in 1974, the last time inflation ran as hot as it is today, this is a long series of interviews of workers in different industries. Interviews reflect on how and why people gain meaning from their jobs and how they balance the present with the future. Poignant oldie but goodie that has “a-ha” moments relating to today’s world.

Jeff Wortley, National Director of Consulting

“Think Again” by Adam Grant
In a time of global turmoil the research and learning provide hope and insight into the thought processes that humans need to engage in to rethink and participate in communities.

Cynthia Honcharenko, Senior Portfolio Manager

“Tree” by Sarah Spencer
Reflective and inspiring. I love nature and being in nature, so using principles from nature – trees more specifically – to navigate and thrive throughout life happier and calmer, is what drew me and endeared me to this book. We spend so much time on computers, tablets, and phones for hours on end looking for solutions to life, when all we have to do is look around us and learn from nature’s wisdom.

Stephen Hoedt, Managing Director of Equity & Fixed Income Research

“How the World Really Works: The Science Behind How We Got Here and Where We’re Going” by Vaclav Smil
Energy scientist Vaclav Smil challenges the assumptions behind food production, energy, globalization, risk, and the environment in this thought-provoking book.

James Thomas, National Head of Banking

“The Wright Brothers” by David McCullough
I particularly liked the detail the author provided about the Wright family, most notably the interactions that occurred between Katherine, Wilbur, and Orville Wright. The book is engagingly written and I hadn’t heard of their story unlike their relative peers in discovery (like Bell and Edison).

Ather Bajwa, Senior Lead Research Analyst

“Rise and Fall of American Growth” by Robert Gordon
The books covers American innovation over the past one hundred and fifty years. He explains why US growth and productivity surged a hundred years ago, and why the best might be behind us.

Daniel Fiedler, Senior Portfolio Manager

“A History of the World in 6 Glasses” by Tom Standage
The author presents world history through the lens of six different beverages: beer, wine, spirits, coffee, tea, and Coca-Cola. Entertaining, well-paced, and packed with interesting information about civilizations past and present. This book is not just for history buffs.

Podcasts

Joseph Velkos, National Head of Tax

This Week in Startups host Jason Calacanis
A daily podcast that covers startups, technology, markets, media, crypto as well as the hottest topics in business and tech, including interviews with today’s founders, operators, and investors. Calacanis worked as a scout for top-tier Silicon Valley venture capital firm Sequoia Capital and is currently a technology entrepreneur and angel investor.

Joanne Smallwood, Wealth Institute Editorial Chair

NPR’s Planet Money
Planet Money is a podcast “about economics for people who think they aren’t interested in economics.” It is humorous, contains great storytelling and does a nice job breaking down difficult or less than interesting financial topics in a way that the listener can easily understand and is entertaining. I recommend it to all my friends and family who say economics isn’t interesting.

For additional recommendations or to pass along your own, please contact your advisor.

The Key Wealth Institute is comprised of a collection of financial professionals representing Key entities including Key Private Bank, KeyBank Institutional Advisors, and Key Investment Services.

Any opinions, projections, or recommendations contained herein are subject to change without notice and are not intended as individual investment advice.

This material is presented for informational purposes only and should not be construed as individual tax or financial advice.

Bank and trust products are provided by KeyBank National Association (KeyBank), Member FDIC and Equal Housing Lender. Key Private Bank and KeyBank Institutional Advisors are part of KeyBank. Investment products, brokerage and investment advisory services are offered through Key Investment Services LLC (KIS), member FINRA/SIPC and SEC-registered investment advisor. Insurance products are offered through KeyCorp Insurance Agency USA, Inc. (KIA). KIS and KIA are affiliated with KeyBank.

Investment products are:

NOT FDIC INSURED NOT BANK GUARANTEED MAY LOSE VALUE NOT A DEPOSIT NOT INSURED BY ANY FEDERAL OR STATE GOVERNMENT AGENCY

KeyBank and its affiliates do not provide tax or legal advice. Individuals should consult their personal tax advisor before making any tax-related investment decisions.