Here are the 3 book recommendations the CEO of $1.7 trillion investment giant PIMCO recommended to a room full of investorsMay 14, 2019
- 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.
- Visit Business Insider’s homepage for more stories.
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 talkedtech and asset management, as well as book recommendations. He highlighted three recent picks.
See more: An investment chief overseeing $100 billion at Pimco says beware of the ‘riskiest corporate market we’ve ever had’ — and offers these strategies for surviving the next recession
“Educated” by Tara Westover
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.”
The book has appeared on a number of other high-profile recommendation lists. Bill Gates included it onhis roundup of five nonfiction picks, and Barack Obama put it onhis annual list of the year’s top books.
“Frederick Douglass: Prophet of Freedom” by David Blight
The 2018 biography of escaped slave Frederick Douglass won the Pulitzer Prize for History. The book follows Douglass’s journey to become one of America’s most noted orators and abolitionists.
Roman called the book a portrait of “a true American hero.”
The book was also one ofObama’s top picks last year. The former president and his wife said last month that they woulddevelop a feature firm for Netflix based on the biography, among six other projects.
“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 anend-of-year staff memo, Business Insider reported in December.
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