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As a Sherlock Holmes fan, I'm already partial to a character whose qualities include a calculating mind and a knack for intelligent quips. If he happens to be the main character in a heist plot, then I'm sold.

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This memoir is wonderfully written, beautifully arranged, and a heart-wrenching but hopeful masterpiece. "Something is afoot within me that I do not understand, the breaking of a contract that I thought could not be broken, a slow perverting of my substance." Anna was living a pleasantly ordinary life, working for the British government, when she started to develop her sensitivity to light. At first, her face felt like it was burning whenever she was in front of the computer. Soon this progressed to intolerance of artificial lights, then of sunlight itself. The reaction soon spread to her whole body. Now, when her symptoms are at their worst, she must spend months on end in a dark room covering window and door cracks, and mummified in layers of light-protectant clothing. She spent her days in the dark talking to people on the phone, watching TV during short periods out of her blacked-out room by looking at its reflection in a mirror, making word games to keep herself occupied, but usually she got through audio books. Lyndsey discovered she could go out for a walk at dawn and dusk for about an hour without it affecting her skin, and her husband made a covering of black felt for the back of the car so they can drive somewhere else, such as a forest, during daylight hours, ready for a sunset walk. Despite everything, Anna's husband named Pete stays around with her. Pete brings some light, although only of the emotional kind, into her life. She feels she should leave him, but is incapable of doing so unless he asks her to go - and thus far, he has not. "That is the miracle that I live with, every day," she writes. With gorgeous, lyrical prose, Anna brings us into the dark with her, a place where we are able to see the true value of love and the world.

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Resurrecting a 45-year-old book, Bill Gates included Business Adventures: Twelve Classic Tales from the World of Wall Street on his 2014 summer reading list. His enthusiasm ("Warren Buffett recommended this book to me back in 1991, and it's still the best business book I've ever read"-and claims it's Warren Buffett's favorite business book, too) was contagious. With prodding by Gates's team, the out-of-print book was reissued as an e-book by Open Road, and as I write this post it's Amazon's #1 best seller in commerce and #2 in books. John Brooks originally published these business stories in The New Yorker, so it goes without saying that they are well written. Describing the stock market as "the daytime adventure serial of the well-to-do," Brooks devotes the first chapter to a blow-by-blow account of the "little crash" and rapid recovery that occurred in the last week of May 1962. On Monday the Dow dropped more than it had on any day except October 28, 1929. By Thursday, after the Wednesday Memorial Day holiday, it closed "slightly above the level where it had been before all the excitement began." The infrastructure in place at the time could not cope with the overwhelming trading volume. On Tuesday, May 29, "there was something very close to a complete breakdown of the reticulated, automated, mind-boggling complex of technical facilities that made nationwide stocktrading possible in a huge country where nearly one out of six adults was a stockholder. Many orders were executed at prices far different from the ones agreed to by the customers placing the orders; many others were lost in transmission, or in the snow of scrap paper that covered the Exchange floor, and were never executed at all.

It's neither Big Data nor innovation, despite all the business books and management gurus touting the disruptive potential of each. It's the simple question, right there on the tip of your tongue. A new book demonstrates just how far an inquisitive mind can take you. Change usually starts with a question. Inquiry has toppled monarchs and empires throughout history. It's the basis of one of the earliest forms of education - the Socratic Method - used to train young minds in the rigours of critical thinking. Yet, it's a mostly ignored business tool, overlooked by executives trained in the MBA arts that "tend to place more value on answers, pronouncements, and promises," according to author Warren Berger. Questions also overturn business empires.

Alirio Zavarce's one-man show on the nature of something he's termed "rational madness" begins in an airport. He's just flown back to Australia with a prop suitcase, and as the story reaches fever pitch, with the federal police brandishing machine guns and a gaggle of customs officials staring him down suspiciously, he stops the show. He's troubled. There's a divide between Zavarce the man and Zavarce the actor. Maybe that's the wrong place to begin. Things carry on, but it's not the last time he'll stop the show. Loco is peppered with Zavarce's asides, and the whole thing proceeds in kooky fits and starts. Jonathon Oxlade's enchanting set - a towering wall of cardboard boxes - becomes a playground. Sections fall down, some of them contain secrets, and more than a few become the canvas for Chris More's projection design. Zavarce's marriage and the twin towers of the World Trade Centre collapsed on the same day, and this is where his "rational madness" began. Everyone's a little bit loco, and sometimes we have to give in to it in order to get through. He's a beguiling, fascinating performer who's at his best engaging directly with the audience. Sasha Zahra's direction is solid, but there's a gap between the darkness and the light in these stories. These semi-autobiographical tales are told mostly in big print, and the net effect is beautifully polished, but fundamentally shallow. Like The Rabble's Room of Regret last year, this show features a plate of human faeces. But it's there to do more than just shock: it's glad wrapped, and it's a prop in a didactic little bit about the value of things.

The character and career of Sir Winston Churchill are both so protean that it is not surprising that there have been studies of the great man emphasizing innumerable aspects, running the gamut from military strategist and statesman to painter and gourmand. Certainly, Churchill as a literary figure is a topic also well worth considering. What other British prime minister won the Nobel Prize for literature? (It was awarded to him in the midst of his second premiership in 1953.) Interestingly, although it was widely believed that this accolade came to him because of his magisterial history of World War II, Jonathan Rose, Kenan professor of history at Drew University, informs us that it was the autobiography "My Early Life" that impelled the (neutral in World War II) Swedes. Well-researched and clearly informed by great admiration and attunement to its subject, "The Literary Churchill" is simply crammed with interesting facts like this - and not just about his oeuvre and his accomplishments. We find out about the origins of his writing with his discovery of it as a talent and much-needed boost as an indifferent student, his literary and theatrical tastes and his affinity for melodrama.

Throughout her life, playwright and diplomat Clare Boothe Luce insatiably aimed for the top. In "Rage for Fame," published in 1997, Sylvia Jukes Morris traced how a beautiful and intelligent girl, born of humble origins, married a millionaire decades her senior; transformed herself as managing editor at Vanity Fair, wrote her hit play, "The Women," married again, to Henry Luce of Time Inc. "Price of Fame" continues the second half of this amazing story, clearly capturing the successes and pathos of a narcissist infused with shame and self-hate. ("Nobody could love me who really knew me.") Fame Clare now has, but with it came personal loss: the death of her only child; of her brother; the suicide of a close friend; the disappointment in her dysfunctional marriage to Luce, her love and enemy. Their extramarital affairs, along with Clare's schemes to extract millions, is told without censure. Those millions, later bequested to institutions and charities, also significantly benefited women entering the field of mathematics, science and engineering. The book opens with Clare's election in 1942 as a Republican congressman from Connecticut. The only female member of the House Military Affairs Committee, she traveled to Europe, visiting liberated Nazi concentration camps. She crossed the aisle to work with Democrats, and is credited with advancing 18 initiatives, including human rights, equal pay, and the rehabilitation of veterans, and the creation of the Atomic Energy Commission. No fan of FDR, she said he had created a nation of "hypochondriacs, introverts and psychotics." Nonetheless, she was a friend of his wife, Eleanor (both were advocates for civil rights).

Jerome Booth, a British economist, investor, and entrepreneur, has written a refreshing book. Emerging Markets in an Upside Down World: Challenging Perceptions in Asset Allocation and Investment (Wiley, 2014) is not the usual whirlwind trip around the emerging market world-"if it's Tuesday it must be sub-Saharan Africa." Rather, Booth looks at some generally accepted notions that both inform and misinform emerging market investors and tries to set the record straight. The book is, to labor the travel metaphor, a tour of ideas conducted by a knowledgeable, articulate guide.

Book Reviews Dyman Associates Publishing Inc - In "The Wealth of Nations," Adam Smith wrote, "The sole use of money is to circulate consumable goods." Truer words have rarely been written, but the remarkable thing about Smith's passage was that it was a throwaway line in what remains to this day one of the most important books on economics ever written. Smith's line about money was throwaway simply because it was a tautology. The world is round, the sun sets in the west, and yes, money's sole purpose is to facilitate exchange. Money is not wealth, it's merely what we use to measure our production so that we can exchange it for that which we don't have, not to mention place a value on investments representing the production of future wealth. Precisely because money is a measure, much like a foot and minute are, it's essential that its value be as stable as possible. Gold has historically been used to define money not because it's nice to look at, but simply because its stability renders it "money, par excellence," in the words of Karl Marx.

In his famous book Confusión de confusions Joseph Penso de la Vega wrote: "If one were to lead a stranger through the streets of Amsterdam and ask him where he was, he would answer 'among speculators,' for there is no corner where one does not talk shares." And, Lodewijk Petram adds, "the people of Amsterdam were talking about options, too, and forward selling, quotations and prices, risk and speculation-all relating to the trade in the shares of the Dutch East India Company (the Vereenigde Oost-Indische Compagnie, VOC), which had been established in 1602. Fortunes were made and lost, and the men who engaged in this trade were wholly in thrall to it." Petram did extensive archival research, including mining the records of active traders, to shed new light on de la Vega's account of the Amsterdam stock market. The Dutch edition of his book appeared in 2011. Columbia Business School Publishing/Columbia University Press has just released the English edition, The World's First Stock Exchange, skillfully translated by Lynne Richards. It's an engrossing tale.

The Theory and Practice of Rational Investing, Harry M. Markowitz worries about a "great confusion" that reigns in finance - namely, "the confusion between necessary and sufficient conditions for the use of mean-variance analysis." This is a serious matter. Mean-variance analysis has been the cornerstone of portfolio construction since Markowitz's seminal 1952 article. Meanwhile, academics and practitioners have been in constant search of the next holy grail that will guide the allocation of capital. Consider the endless stream of articles proposing enhancements to mean-variance analysis or substitutes for it. Substantial bodies of literature discuss optimizers that incorporate higher moments or attempt to replace variance with alternative risk measures. Another takes account of investors' so-called irrational tendencies. I recall a former colleague saying, "Let's not re-implement Harry Markowitz's PhD thesis for the millionth time. We can do better." But we have not. What are the objections to mean-variance analysis, and are they well grounded? Markowitz has devoted Risk-Return Analysis to these questions, concluding that mean-variance analysis is central to finance for good reason. This book proceeds in unhurried steps from a set of incontrovertible premises to the conclusion that mean-variance analysis is the best tool available for addressing a wide range of portfolio-construction problems.

How the Media Influences Your Investment Decisions for Better or Worse by Joshua M. Brown and Jeff Macke (McGraw-Hill, 2014) is a book by financial pundits about financial pundits. It alternates between reflections on the financial media (I assume written by Josh Brown) and interviews conducted by Jeff Macke. The interviewees are Jim Rogers, Ben Stein, Karen Finerman, Henry Blodget, Herb Greenberg, James Altucher, Barry Ritholtz, and Jim Cramer. Since both authors are members of the financial media (Brown is author of The Reform Broker blog and a regular contributor to CNBC, Macke is the host of Breakout on Yahoo Finance), the reader can't expect to be told: "just turn off the news." Instead, the authors try to explain which pundits may be worth listening to and which ones are just noise, or worse. For investors who are not intrinsically skeptical and who have no idea of how to separate the wheat from the chaff, the authors offer a few good pointers. For the rest of us-hardened, cynical folk that we are, the interviews offer some good tidbits. The book has a strange subtext, along the lines of "I once was lost but now I'm found." Jeff Macke recounts his career-killing "Car People" episode on the now defunct evening program CNBC Reports and his subsequent emotional descent and recovery. And he interviews three insiders who to a greater or lesser degree faced their own professional crises: Henry Blodget, banned from the securities industry but now the editor and CEO of Business Insider; Jim Cramer, who took a drubbing on Jon Stewart's The Daily Show; and James Altucher, who seems to specialize in failing and bouncing back-and writing about it. Whom do I personally consider worth listening to? First, those who readily admit they don't know the answer. Bob Shiller comes to mind here. Second, those who move markets, such as David Tepper. And third, those who are both