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Engines That Move Markets - Alasdair Nairn


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Engines That Move Markets: Technology Investing from Railroads to the Internet and Beyond - Alasdair Nairn

As the title suggests, this book is a fascinating collection of stories about various technological breakthroughs. The book illustrates the technologies' origins, industry development, investment results, and peculiar effects on human nature. It does an incredible job of capturing prevailing sentiment (through newspaper clippings, etc.) and exposing the various financial shenanigans used by promoters du jour.


Philippe Laffont (Coatue Management) recently mentioned it on Twitter.


Industries discussed:

- Railroads

- Telephone

- Electricity

- Oil

- Automobile

- Wireless

- Computing

- Internet



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