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SubscribeWhat’s Oaktree Reading? 2025 Year-End Book Recommendations
The timeless act of reading allows us to pause, reflect, and often uncover valuable insights or deeper understanding amid an ever-evolving landscape. Explore ten books that provided Oaktree team members with meaningful lessons in 2025, and you can watch this video to hear more from this year’s contributors.
Beautyland by Marie-Helene Bertino
Priya Prasad-Bowe
Head of Strategic Development, Multi-Strategy Private Credit
This science fiction novel follows a young girl growing up in Philadelphia who discovers she’s an alien sent to figure out if Earth is a livable alternative to her home planet. Yet the heart of the story unfolds in her everyday interactions and the little details she observes that make the world around her feel so alive and vivid. It’s surreal, observant, and unexpectedly moving, but ultimately hopeful.
For Blood and Money: Billionaires, Biotech, and the Quest for a Blockbuster Drug by Nathan Vardi
Alex Chan
Vice President, Life Sciences Lending
For Blood and Money chronicles a group of scientists, financiers, and dealmakers chasing a groundbreaking blood cancer therapy and the enormous profits that followed. Vardi skilfully captures the dynamic personalities behind the science and the capital markets that fuel it. It’s both a vivid portrait of how value is created in the biotech ecosystem and a cautionary tale, especially for those involved in life-sciences finance!
The Phone Booth at the Edge of the World by Laura Imai Messina
Kaitlyn Thayer
Associate, Global Convertibles
The Phone Booth at The Edge of the World follows Yui, a woman who loses her mother and daughter in the 2011 tsunami that hit Japan. Though fictional, the novel is inspired by the real “Wind Phone” in Otsuchi, which is thought to allow people to communicate with loved ones they’ve lost. As Yui navigates the ups and downs of life after unimaginable loss, the story gently captures how grief is intensely personal, while still leaving room for hope, connection, and healing.
Mark Twain by Ron Chernow
Jared Parker
Co-Head of North America, Global Opportunities
Perhaps no American has been as prodigious a writer nor coined as many memorable one-liners as Sam Clemons, better known as Mark Twain. This biography illuminates the inspiration behind Twain’s writing and details his lifelong fascination with, and failure to achieve, success in business and investing. If you’ve got the patience, Chernow’s 1,200 pages offer a detailed portrait of one of the quintessential Gilded Age Americans. As Twain said, “The secret of getting ahead is getting started.”
Our Wives Under the Sea by Julia Armfield
Phil Joubert
Head of Insurance Solutions, APAC
Our Wives Under the Sea is a beautiful, elegiac meditation on loss and grief, as well as the horrors which lurk in the unexplored depths of the ocean. Alternating chapters follow Leah, a marine biologist on a deep-sea submarine expedition, and Miri, her wife, who must look after her when she returns months later and slowly turns into something non-human, something of the sea. Armfield’s debut novel is one for fans of contemplative, “elevated” horror.
The Five Types of Wealth by Sahil Bloom
Katie Boivin
Vice President, Fund Accounting & Operations
The Five Types of Wealth offers a thoughtful framework for redefining success beyond just financial metrics. Bloom breaks wealth into five dimensions – financial, social, time, physical, and mental – encouraging a more holistic view of what it means to live a balanced and purposeful life. This book is a quick, insightful read that sparks meaningful reflection and conversation, and importantly, reminds us to invest intentionally not just in our portfolios, but in our lives.
Slanting Towards the Sea by Lidija Hilje
Suzana Perić
Co-Head of Sourcing & Origination
This is a beautifully written novel about ordinary people searching for purpose while navigating life’s ups and downs. While the plot may seem simple, it carries a deeper emotional weight: regret, grief, disappointment, and longing sit alongside hope, optimism, and untapped potential. Set on Croatia’s Dalmatian coast – a landscape tied to my Croatian heritage – Hilje captures the wild beauty and warmth of her country while also showing the social and political pressures that shape her characters’ lives.
North to the Future: An Offline Adventure Through the Changing Wilds of Alaska by Ben Weissenbach
Todd Molz
Chief Operating Officer
At the age of twenty-one and armed with limited wilderness experience, the Los Angeles-born writer ventures into the wilds of Alaska alongside a group of bold scientists. Along the way he abandons the glow of screens for nights spent in -49 °F permafrost cabins and miles-long treks across the Brooks Range. Weissenbach ultimately offers a beautifully rendered adventure memoir that doubles as a meditation on technology, nature, and what it means to reconnect with the real world.
Age of Revolutions: Progress and Backlash from 1600 to the Present by Fareed Zakaria
Devon Presutti
Associate, Marketing & Communications
In Age of Revolutions, Fareed Zakaria examines how simultaneous political, cultural, economic, and technological shifts are fundamentally reshaping the global landscape. To understand why we may be living in the most revolutionary period in modern history, Zakaria carefully evaluates three past revolutions to illuminate the forces redefining the 21st century. At a time of such uncertainty, this book offers a historically grounded lens for interpreting unprecedented disruption.
Who Knew by Barry Diller
Han Hu
Senior Vice President, U.S. High Yield Bonds
Barry Diller’s memoir details his incredible journey from talent-agency mailroom to building his own media empire. As someone that loves the world of media and content, I was captivated by the stories of the many influential figures he came across that are still shaping how we consume entertainment today. What surprised me most was Diller’s candor, writing about his personal life and struggles with a refreshing level of detail that I’ve rarely seen in a business titan’s memoir.
Notes and Disclaimers
This document and the information contained herein are for educational and informational purposes only and do not constitute, and should not be construed as, an offer to sell, or a solicitation of an offer to buy, any securities or related financial instruments. Responses to any inquiry that may involve the rendering of personalized investment advice or effecting or attempting to effect transactions in securities will not be made absent compliance with applicable laws or regulations (including broker dealer, investment adviser or applicable agent or representative registration requirements), or applicable exemptions or exclusions therefrom.
This document, including the information contained herein may not be copied, reproduced, republished, posted, transmitted, distributed, disseminated or disclosed, in whole or in part, to any other person in any way without the prior written consent of Oaktree Capital Management, L.P. (together with its affiliates, “Oaktree”). By accepting this document, you agree that you will comply with these restrictions and acknowledge that your compliance is a material inducement to Oaktree providing this document to you.
This document contains information and views as of the date indicated and such information and views are subject to change without notice. Oaktree has no duty or obligation to update the information contained herein. Further, Oaktree makes no representation, and it should not be assumed, that past investment performance is an indication of future results. Moreover, wherever there is the potential for profit there is also the possibility of loss.
Certain information contained herein concerning economic trends and performance is based on or derived from information provided by independent third-party sources. Oaktree believes that such information is accurate and that the sources from which it has been obtained are reliable; however, it cannot guarantee the accuracy of such information and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. Moreover, independent third-party sources cited in these materials are not making any representations or warranties regarding any information attributed to them and shall have no liability in connection with the use of such information in these materials.
© 2025 Oaktree Capital Management, L.P.
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