Zach Resnick’s Recommended Reading List

Cryptoassets, Investing, and Risk Management

Since launching the Ezra New Economy Fund, I often get asked what my favorite resources are. Below are some of the most influential works I’ve read to date.

This document will grow, as I do. There’s plenty of room for more books on this list. Please send me your suggestions!


Antifragile, Fooled by Randomness, The Black Swan, Skin In The Game — Nassim Taleb

A Man For All Markets, Beat The Market, The Kelly Capital Growth Investment Criterion: Theory and Practice — Ed Thrope

Digital Gold — Nathaniel Popper

Debt: The First 5,000 Years — David Graeber

A Short History of Financial Euphoria — John Kenneth Galbraith

The Book Of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto — Phil Champagne

Thinking Fast and Slow — Daniel Kahneman

Deep Work — Cal Newport

The 4 Hour Workweek — Tim Ferriss

When Genius Failed — Roger Lowenstein

Liar’s Poker, Flash Boys, The Big Short — Michael Lewis

Sapiens — Yuval Noah Harari

The Quants, Dark Pools — Scott Patterson

The Intelligent Investor — Benjamin Graham

Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger — Peter D. Kaufman



Valuing Cryptoassets from the Ground Up — Mike Sall

An (Institutional) Investor’s Take on Cryptoassets — John Pfeffer

On Medium-of-Exchange Token Valuations — Vitalik Buterin

Analyzing Token Sale Models — Vitalik Buterin


Gamifying the Delivery of Money — Daniel Jeffries

Two Malthusian Scares — Nick Szabo

On the Network Effects of Stores of Value — Multicoin Capital

Individual Cryptoassets

Inside the Crypto World’s Biggest Scandal — Gideon Lewis-Kraus

EOS Analysis and Valuation — Multicoin Capital

Critique of Buterin’s “A Proof of Stake Design Philosophy — Tuur Demeester

An Introduction to Private Cryptocurrencies: Monero and its Alternatives — Cypher Perro


I’m Sorry, But Those Are Vanity Metrics — Lloyd Tabb

For Love of The Product — Ezra Galston

12 Things about Product-Market Fit — Andreessen-Horowitz

The Myth of The Infrastructure Phase — Union Square Ventures

Our Results Have Been Far Worse Than We Could Have Imagined — Greenlight Capital


The Truth about Smart Contracts — Jimmy Song

Notes on Blockchain Governance — Vitalik Buterin

Why another stablecoin? — Nevin Freeman


Breaking VC — Ezra Galston

AVC — Fred Wilson

Artemis Market Research

Derek Sivers Blog

a16z Content

Paul Graham Essays

Multicoin Capital Blog

Kid Dynamite’s World — Anon