I’ve posted an introduction to my nominee for this round at the LBC. Unfortunately the book didn’t win, but it was still a great read. You’ll have to go to the LBC blog to find out who it is.
What happens when people with a lot of money want to get their hands on a book that they think will make them more money, but that book is out of print and hard to find? That book gets very expensive.A BusinessWeek article profiles Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor by hedge fund manager Seth Klarman. The book was largely ignored when it was first published in 1991, but it Klarman's ideas have come back into vogue and suddenly everyone on Wall Street wants to read the book, but copies are almost impossible to come by. As a result, the cheapest copy of the book on Amazon (as of this writing) is going for $1750. Not a bad investment if you bought the book when it first came out. (via)
The current issue of McSweeney's includes a short story by Michael Cera, whose contributor's bio informs us that he was "born in Brampton, Ontario and now lives in Los Angeles," and, inevitably, that "This is his first published story." Yes, this becomingly modest debut author is that Michael Cera, co-star of Arrested Development and Superbad and avatar of skinny-geek chic (for which at least one Millions contributor owes him a debt of gratitude). For those keeping score at home, this makes Cera at least the fourth movie star in the last two years to turn his talents to the only marginally less glamorous and remunerative field of short fiction. (Others include Miranda July, James Franco, and Sharon Stone.)The forthcoming 106th issue of Granta suggests that even the World's Most Serious Literary Magazine is not immune to the trend. Through our vast network of informants, we've obtained page proofs, and the "Contributors' Notes" include one or two names you may recognize, behind their veneer of careful self-effacement:M. Louise Ciccone is a media professional who divides time between the New York Kabbalah Center and the Miami Kabbalah Center. This is her first published story.Washington-based R.I. Emmanuel spends weekends in Chicago with his wife and beloved children. He promised to shove Granta's head so far up Granta's f*&^ing a^% we'd be able to see our &^%[email protected] if we didn't get his first published story published.Julius Erving, a retired physician, lives in the metro Philadelphia area. This is his first published story.Phillipa Longstocking is one of world literature's most beloved characters. For more information, you may contact the Wylie Agency.P.R. Nelson is a Minneapolis-based composer and erotic acoustician. His work has appeared widely, under a variety of names. His 4thcoming memoir, All of My Purple Life will B published by Farrar, Straus and Giroux this fall.Joaquin Phoenix, an obscure itinerant musician, scribbled this, his first published story, on the back of a New Jersey Turnpike exit ticket.Julia Roberts is Julia Roberts.Borat Sagdiyev is making the literature sexy sexy for much enjoyment of Kazakh people. His story "My Goat, She is Not Breathing" (translated here by Richard Pevear and Larissa Volokhonsky) appeared in The Atlantic Monthly, and was selected for Best Central Asian Short Stories 2007.Schmary Schmate and Schmashley Schmolsen, whose first published story this is, are sometime undergraduates in NYU's make-your-own major program. They are majoring in Undeclared, and also this is their first published story, because what, do you think they have time to be writing stories all the time, or something?The late Dave Thomas (1932-2002) was the founder of Wendy's and creator of the internationally acclaimed Chicken Cordon Bleu. This is his final published story. The Chicken Cordon Bleu is back for a limited time.All your base are belong to Carnie Wilson.
Some news stories that caught my this morning:People come into the bookstore all the time to make lists of books that they want to read. Then they head over to the library to try to find them. Every once in a while a doleful customer will remark that the book that he or she wants to read has an interminable waiting list. From these folks and from personal experience I know that it can be next to impossible to borrow a bestseller from the library. What I didn't know is that adding your name to those waiting lists inspires libraries to buy more books. As this article describes, a waiting list of 296 people prompted the Ann Arbor and Ypsilanti, Michigan library system to buy 96 copies of The Da Vinci Code. So, signing up for library waiting lists is a way to give a boost to the book industry, even if you never spend a buck.Amazon's UK site has launched an interesting venue called the Authors' Lounge. The Authors' Lounge features video clips of authors talking about their books. Right now they've got John Le Carre talking about his new book Absolute Friends as well as several other folks.