Sketch of five students in discussion around a table stacked with books, post-its and coffee

Belgrade · FEFA · every two weeks · reading in English

Books that change minds.
Conversations that test them.

A book club for Belgrade students. Big ideas, real discussions, every two weeks at FEFA. Bring opinions.

seats are capped: 16 per session Reserve a seat

"Your success in life will be determined largely by your ability to speak, your ability to write, and the quality of your ideas."

Patrick Winston, MIT

speakthe discussions writethe margin notes ideasthe books

A note from the editor
Pencil sketch portrait of Luka Babic with sketchbook annotations

Luka Babic · founder of the club

I started this book club for a selfish reason: I wanted to read more. And, perhaps more importantly, I wanted to remember more of what I read.

Reading alone is easy. Holding on to an idea, however, is harder. I've found that the books that stay with me are usually the ones I've had the chance to argue about, question, connect to something else, or hear interpreted through someone else's eyes.

So I suggested we start a book club at FEFA, and a small group of students decided to read with me.

We began simply: one book at a time, a room full of curious people, and a conversation every two weeks.

After our first season, it felt worth opening the table to others.

The books we choose are the kinds of books you might find on a CEO's desk, a professor's shelf, or in the hands of someone trying to better understand how the world works. We are not interested in idolizing CEOs or today's leaders. We are interested in understanding what they read, which ideas shape the way they think, and how those ideas, in turn, shape the world we all live in.

And when we can, we invite professors, practitioners, authors, business leaders, and other interesting voices to join us at the table.

The groups stay small: 10 to 16 people. We meet every fortnight, in person, and everyone is expected to have something to say.

If you know a student who wants to read more, finds these books interesting, thinks more carefully about what they read, and remembers more by discussing it with others, send them our way.

There's always room for another good reader.

Luka Babic Co-Founder, stealth life sciences startup · Exited tech founder and CEO (Orgnostic → Culture Amp) · Venture Partner @ Emerge VC · Founder and Program Director, Psychology and Business undergraduate studies @ FEFA · Harvard '12

How it works

One book. One circle. Every two weeks.

1

Vote

Members shortlist from The List below and vote on what we read next. Your club, your syllabus.

2

Discuss

Small facilitated tables. No lectures, no professors, no wrong answers.

3

Keep it

A few days later, the Margin Notes land in your inbox: what we argued about, what we kept.

Didn't finish the book? Come anyway.

The first 20 minutes catch you up.

Seats are capped at 16.

Bigger night? We run a fishbowl: an inner circle debates, the outer circle listens, and people rotate in.

Flat lay sketch of a notebook with diagrams, an e-reader, sticky notes and a pencil

The List

The first 50.

Fifty books about power, technology, organizations, human nature, judgment, and the ideas that shape the people shaping the world. Read in any order; argued about in ours.

Sketch collage of a book stack, an open sketchbook, an e-reader and post-it notes reading Select and Read
01

Power, Institutions & Society

Who gets power, who keeps it, and why do some institutions succeed while others fail?
01

The Dictator's Handbook

Bruce Bueno de Mesquita & Alastair Smithread · season one

A ruthless model of how leaders acquire and retain power through incentives, coalitions, and loyalty. Its logic travels surprisingly well from governments to companies, boards, and institutions.

READ · Season OneGet the book ↗
02

Careless People

Sarah Wynn-Williams

An insider's critical account of Facebook turns abstract questions about corporate responsibility into decisions made by identifiable people inside one of the world's most powerful organizations.

LEADER CASE · Meta and its leadershipGet the book ↗
03

Power and Progress

Daron Acemoglu & Simon Johnson

Technology does not automatically create broadly shared prosperity. Institutions, incentives, and power determine who benefits from technological change. A crucial framework for thinking about AI.

THINKER PERSPECTIVE · Acemoglu & JohnsonGet the book ↗
04

Nature, Culture, and Inequality

Thomas Piketty

Asks how much inequality is natural and how much is created by political, cultural, and institutional choices. A compact way into one of the defining questions of modern capitalism.

THINKER PERSPECTIVE · Thomas PikettyGet the book ↗
05

What Happened to Liberal Democracy?

Daron Acemoglu

Connects economic insecurity, technology, weakened institutions, and declining political legitimacy. Particularly relevant for a generation experiencing populism, protest, and institutional distrust firsthand.

THINKER PERSPECTIVE · Daron AcemogluGet the book ↗
06

Why Nations Fail

Daron Acemoglu & James A. Robinson

Makes institutions central to explaining why some societies become prosperous while others stagnate. Its thesis is intuitive enough to grasp immediately and ambitious enough to debate for hours.

NOBEL-LINKED IDEA · Acemoglu, Robinson & JohnsonGet the book ↗
07

The Revolt of the Public

Martin Gurri

Explores how information abundance destroys institutional authority faster than new institutions can replace it. Highly relevant to social media, decentralized protest, and contemporary political movements.

CLUB PICK · Power, information & legitimacyGet the book ↗
08

Seeing Like a State

James C. Scott

Shows how institutions simplify complicated human systems in order to measure and control them, often with disastrous unintended consequences. The framework applies equally well to companies, metrics, and algorithms.

CLUB PICK · Institutions, measurement & unintended consequencesGet the book ↗
09

The Black Jacobins

C. L. R. James

The Haitian Revolution becomes a study of leadership, culture, ideology, and institutional change under extreme conditions. It takes leadership discussion far outside the conventional business canon.

RECOMMENDED BY · Ben HorowitzGet the book ↗
10

The Machiavellians

James Burnham

A realist theory of elites, institutions, and power beneath official political narratives. A natural intellectual successor to *The Dictator's Handbook*, but from a different tradition.

SHAPED · Marc AndreessenGet the book ↗
02

Technology, Progress & the Future

How do science and technology reshape civilization, and is progress ever inevitable?
11

The Fabric of Reality

David Deutsch

Connects quantum physics, evolution, computation, and epistemology into one attempt to explain reality. Difficult, but exactly the kind of book capable of changing the framework through which someone sees problems.

THINKER PERSPECTIVE · David DeutschGet the book ↗
12

The Beginning of Infinity

David Deutsch

Makes a radical case for explanatory knowledge, optimism, and the proposition that problems are soluble through better explanations. It turns progress itself into a philosophical question.

SHAPED · Naval RavikantGet the book ↗
13

Foundation

Isaac Asimov

Science fiction becomes a laboratory for thinking about civilizational decline, prediction, institutions, and whether exceptional individuals can alter the course of history.

SHAPED · Demis Hassabis · Elon MuskGet the book ↗
14

The Three-Body Problem

Liu Cixin

Uses science fiction to explore scientific progress, existential risk, strategic uncertainty, and humanity's reaction to a civilization operating on a completely different technological scale.

CLUB PICK · Civilization, science & existential strategyGet the book ↗
15

The Structure of Scientific Revolutions

Thomas S. Kuhn

The source of the modern idea of a paradigm shift. It asks whether progress really occurs gradually, or when an old explanation can no longer accommodate what we observe.

FOUNDATIONAL IDEA · Thomas KuhnGet the book ↗
16

The Idea Factory

Jon Gertner

Bell Labs becomes an experiment in how institutions produce breakthroughs. What mix of extraordinary people, freedom, resources, collaboration, and patience actually creates innovation?

INNOVATION CASE · Bell LabsGet the book ↗
17

Chip War

Chris Miller

Semiconductors connect scientific progress, industrial policy, geopolitics, national security, and corporate strategy. It exposes the physical infrastructure underneath the supposedly intangible digital economy.

CLUB PICK · Technology meets geopoliticsGet the book ↗
18

The Coming Wave

Mustafa Suleyman & Michael Bhaskar

One of the builders of modern AI asks whether increasingly capable AI and biotechnology can actually be contained. It places technological ambition directly against questions of governance and control.

LEADER PERSPECTIVE · Mustafa Suleyman · DeepMindGet the book ↗
19

Empire of AI

Karen Hao

A critical account of frontier AI, its ideology, capital requirements, and concentration of power. Useful precisely because it challenges the narrative technology companies often tell about themselves.

LEADER CASE · OpenAI and the frontier AI ecosystemGet the book ↗
20

How the World Really Works

Vaclav Smil

A data-driven explanation of the physical systems beneath modern civilization: energy, food, materials, globalization, and the environment. A corrective to technological thinking that ignores physical constraints.

RECOMMENDED BY · Bill Gates calls Smil his favorite authorGet the book ↗
03

Building Organizations

How do ideas become companies, institutions, and systems that actually work?
21

How Great Ideas Happen

George Newman

Challenges the mythology of the lone creative genius and argues that breakthrough ideas emerge through exploration, recombination, and focused development. Drawing on examples from science, art, film, and business, it asks a central question for any innovative organization: can creativity be made more systematic?

THINKER PERSPECTIVE · George Newman · Thinkers50 Radar 2026Get the book ↗
22

High Output Management

Andrew S. Grove

A rigorous attempt to define what managers actually do: leverage, meetings, teams, output, and performance. Useful for comparing systematic management with contemporary ideas about founder-led companies.

LEADER PERSPECTIVE · Andy Grove · IntelGet the book ↗
23

Creativity, Inc.

Ed Catmull

Pixar becomes a laboratory for designing organizations where talented people can challenge one another, recover from failure, and repeatedly create rather than merely getting lucky once.

LEADER PERSPECTIVE · Ed Catmull · PixarGet the book ↗
24

Sam Walton: Made in America

Sam Walton

A firsthand account of customer obsession, frugality, experimentation, and operating discipline. It allows comparison between pre-internet retail entrepreneurship and today's platform businesses.

LEADER PERSPECTIVE · Sam Walton · WalmartGet the book ↗
25

Shoe Dog

Phil Knight

One of the better antidotes to retrospective founder mythology. Nike's creation appears uncertain, cash-starved, and contingent rather than an inevitable journey toward greatness.

LEADER PERSPECTIVE · Phil Knight · NikeGet the book ↗
26

The Goal

Eliyahu M. Goldratt

A business novel built around one powerful idea: optimizing every component does not necessarily optimize the system. Bottlenecks, constraints, and throughput become surprisingly intuitive.

RECOMMENDED BY · Jeff Bezos · AmazonGet the book ↗
27

The Outsiders

William N. Thorndike

Reframes the CEO's job around capital allocation rather than charisma or management fashion. Eight unconventional CEOs become competing answers to the question of what a CEO actually controls.

RECOMMENDED BY · Warren BuffettGet the book ↗
28

The Ride of a Lifetime

Robert Iger

A concise firsthand account of leading Disney through Pixar, Marvel, Lucasfilm, and major technological disruption. Particularly useful for discussing judgment, acquisitions, creative organizations, and succession.

LEADER PERSPECTIVE · Bob Iger · DisneyGet the book ↗
29

The Innovator's Dilemma

Clayton Christensen

Explains the paradox that excellent management can cause successful companies to miss disruptive change. One of the most useful frameworks for understanding incumbent failure.

SHAPED · Steve Jobs · Andy Grove · Jeff BezosGet the book ↗
30

Business Adventures

John Brooks

Business told through messy human stories rather than formulas. Product failures, markets, incentives, communication, and organizational behavior remain strikingly recognizable decades later.

RECOMMENDED BY · Warren Buffett · Bill GatesGet the book ↗
04

Judgment, Decisions & Mental Models

How do we reason, learn, predict, and make decisions under uncertainty?
31

Range

David Epsteinread · season one

Challenges early specialization and argues for breadth, experimentation, and analogical thinking in unpredictable environments. Particularly relevant to students being asked to specialize before they have explored enough.

READ · Season OneGet the book ↗
32

Intuition Pumps and Other Tools for Thinking

Daniel C. Dennett

A collection of conceptual tools for testing arguments and exposing bad reasoning. The deeper question is whether mental models illuminate reality or sometimes trick us into believing we understand it.

THINKER PERSPECTIVE · Daniel DennettGet the book ↗
33

Black Box Thinking

Matthew Syed

Treats failure as information. By contrasting systems that investigate mistakes with those that conceal them, it opens a direct discussion about learning cultures and experimentation.

SHAPED · Daniel EkGet the book ↗
34

Thinking in Systems

Donella H. Meadows

Gives readers a language for feedback loops, delays, leverage points, and unintended consequences. Organizations and societies rarely behave as neatly as their formal structures suggest.

FOUNDATIONAL IDEA · Donella MeadowsGet the book ↗
35

Superforecasting

Philip E. Tetlock & Dan Gardner

Tests whether judgment about uncertain futures can actually be trained. A practical antidote to charismatic certainty and an excellent introduction to probabilistic thinking.

RESEARCH-BASED · Philip TetlockGet the book ↗
36

Poor Charlie's Almanack

Charles T. Munger

Builds decision-making around mental models borrowed from psychology, economics, mathematics, and science. Its central claim is that breadth across disciplines produces better judgment.

LEADER PERSPECTIVE · Charlie MungerGet the book ↗
37

Antifragile

Nassim Nicholas Taleb

Goes beyond resilience to ask which systems actually improve through volatility. Useful for thinking about companies, careers, markets, and why eliminating uncertainty can sometimes make systems weaker.

THINKER PERSPECTIVE · Nassim Nicholas TalebGet the book ↗
38

The Intelligent Investor

Benjamin Graham

More than an investing manual. It is about distinguishing price from value, emotional discipline, and learning to behave rationally when markets do not.

SHAPED · Warren BuffettGet the book ↗
39

The WEIRDest People in the World

Joseph Henrich

Challenges the assumption that Western psychology is universal and traces how institutions may have reshaped cognition, families, and individualism. A bridge between psychology, anthropology, and economics.

THINKER PERSPECTIVE · Joseph HenrichGet the book ↗
40

Surely You're Joking, Mr. Feynman!

Richard Feynman

Curiosity as an operating system. Feynman's stories model skepticism of authority, joy in discovery, experimentation, and the desire to understand something for oneself rather than merely know its name.

THINKER PERSPECTIVE · Richard Feynman · formative for Demis HassabisGet the book ↗
05

Human Nature, Culture & Status

Why do people imitate, compete, conform, signal, and behave the way they do?
41

The Book of Snobs

William Makepeace Thackerayread · season one

Satire as social psychology. Status, imitation, taste, and small performances of belonging reveal behaviors that remain recognizable inside modern organizations and professional communities.

READ · Season OneGet the book ↗
42

Things Hidden Since the Foundation of the World

René Girard

Mimetic desire suggests that we learn what to want by observing what others want, creating imitation, competition, rivalry, and scapegoating. A powerful lens on markets, status, organizations, and politics.

SHAPED · Peter ThielGet the book ↗
43

Amusing Ourselves to Death

Neil Postman

Long before social media, Postman argued that the medium through which information reaches us changes what a society is capable of thinking about seriously. A natural intellectual sequel to *The Anxious Generation*.

CLUB PICK · Media, attention & public discourseGet the book ↗
44

The Anxious Generation

Jonathan Haidtread · season one

A generational argument about smartphones, social media, childhood, and mental development. Its strength in the club came from students being able to compare the thesis directly with their lived experience.

READ · Season OneGet the book ↗
45

The Ancient City

Numa Denis Fustel de Coulanges

Explores how religion, family, property, and social institutions created ancient societies. Difficult, but capable of changing the categories through which a reader understands culture and institutions.

SHAPED · Marc AndreessenGet the book ↗
06

Meaning, Ambition & a Life Well Lived

What is success ultimately for, and how should ambition fit into a finite human life?
46

Man's Search for Meaning

Viktor E. Franklread · season one

Meaning under extreme conditions becomes a larger discussion about agency, suffering, narrative, and what human beings require in order to continue moving forward.

READ · Season OneGet the book ↗
47

Four Thousand Weeks

Oliver Burkeman

Rejects the fantasy that productivity will eventually allow us to do everything. For ambitious students and executives, time management becomes the much deeper question of what deserves a finite life.

CLUB PICK · Time, ambition & finitudeGet the book ↗
48

The Remains of the Day

Kazuo Ishiguro

A novel about duty, professional identity, missed choices, and regret. It asks a question management literature rarely asks: what if extraordinary devotion to work produces a life one would not choose again?

SHAPED / FAVORITE · Jeff BezosGet the book ↗
49

Autobiography of a Yogi

Paramahansa Yogananda

Opens the shelf to spirituality, intuition, and non-Western intellectual traditions. It is particularly interesting as part of the intellectual genealogy of one of modern technology's defining founders.

SHAPED · Steve JobsGet the book ↗
50

The Lessons of History

Will & Ariel Durant

A remarkably short attempt to distill recurring forces across history: war, inequality, economics, religion, government, and human nature. Very little reading for a potentially enormous discussion.

SHAPED · Ray DalioGet the book ↗

six shelves, fifty spines, one table ↑ scroll the shelf


Upcoming sessions

Pull up a chair.

Every other week, 18:00, at FEFA, Karađorđeva 65. Seats are capped at 16; the live count and waitlist run on Luma. Reserve and you'll get the confirmation, the reminder, and the first question by email.

bigger group that night? fishbowl setup: inner circle talks, outer circle listens, everyone rotates in

Colored pencil sketch of an empty chair with a red blanket beside a café table with an open notebook and coffee

can't make it after reserving? free the seat on Luma so the waitlist moves

Guest

just show up
  • Attend any open session, no strings
  • Public Margin Notes highlights
  • Announcements channel

Member

commit for a season
  • Vote on every book we read
  • Host a table and gain facilitation experience for your CV
  • Full Margin Notes archive
  • Priority seats when sessions fill up
  • Coffee with guest speakers, small circle
  • The private chat where the real conversation continues
price: showing up
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