Conspiracy of Fools

What Hacker News says

1. socalnate1May 2019
   Only tangentially related; but if you want to understand the Enron scandal; Kurt Eichenwald's Conspiracy of Fools is a better treatment of the topic.
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2. notaddictedNov 2010
   I probably have bookmarks in 20+ books but these are at the top of the pile:

   The Art Of Probability , Richard Hamming. I find prob/stat frustratingly hard to master. This book is clearing up my confusion chapter by chapter. As an engineer this book appears to be written for someone with exactly my level of knowledge which helps a lot.

   Conspiracy of Fools , Kurt Eichenwald. Very entertaining ... shining examples of what not to do.

   Security Analysis, 1934 Edition, Graham and Dodd. They authors are exquisitely clear thinkers. I don't know how useful the financial information is because it is 80 years old.

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3. bayouborneDec 2024
   I'm in the middle of reading Kurt Eichenwald's 'Conspiracy of Fools'. When Enron management described all the innovative ways they were 'making money' they weren't kidding. They were creating it out of thin air with complex, mirrored in and out transactions of all types in every utility sector they could find, and no one (except Arthur-Andersen only occasionally) was there to call them out on it until it was too late. Reading about it, it almost feels like a .9 release of Theranos, where management was complicit and clueless at the same time.
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