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Kings

We’re now at peak summer season, and I hope you’re finding time to rest, relax, and enjoy some reading that takes you farther afield. Here are two non-finance books that I’ve enjoyed this summer.

King of Kings: The Iranian Revolution: A Story of Hubris, Delusion and Catastrophic Miscalculation by Scott Anderson

I trace my first recollection of political awareness back to 1979. In 5th grade, one student stood out as more worldly than the rest of us. She talked about the Middle East, oil, political strife, the State Department, and “the Shah” – things I knew nothing about at the time.

I’d filled in some of the gaps since then, but Anderson’s book tells a full story of what happened in Iran in the late 1970s.

Once toasted by President Carter as an unshakable ally presiding over “an island of stability,” commanding the world’s fifth largest army and vast oil wealth— Shah Mohammad Reza Pahlavi fled into exile just fourteen months later, forced out by a religious revolution led by Ayatollah Khomeini.

Anderson frames the collapse as a story of American diplomatic blunders and miscalculations that helped trigger hostilities that have destabilized the region for decades, arguing that the revolution was as world-shattering as the French and Russian revolutions.

What makes it especially resonant now is the broader pattern Anderson identifies: the resentment of economically marginalized, religiously fervent populations toward a wealthy secular elite has fueled unrest across the Middle East, India, Southeast Asia, and Europe – with Iran serving as the template.

The book is a useful lens for understanding how great-power miscalculation and populist backlash can compound into events with generational consequences.

 

Monsters in the Archives: My Year of Fear with Stephen King by Caroline Bicks

My summer wouldn’t be complete without reading something by, or about, Stephen King.

A few months ago, I was listening to a BBC reporter interview Caroline Bicks, the inaugural Stephen E. King Chair of Literature at the University of Maine.

Bicks told the story that she was instructed by the University of Maine administration to set aside the idea of ever getting in touch with Stephen King, despite her holding the chair endowed by him.

However, King eventually reached out to Bicks, they struck up a professional relationship and friendship, and this book is the product of her having access to his archives.

Monsters in the Archives is part literary master class, part biography, part memoir, and an investigation into our deepest anxieties, drawing on unprecedented access to King’s private papers.

Bicks focuses on five of King’s most iconic early works—The Shining, Carrie, Pet Sematary, ‘Salem’s Lot, and Night Shift—tracing his margin notes and editorial changes to reveal how he built his language, storylines, and characters, and she uncovered unpublished scenes and alternate endings that King allowed her to publish for the first time.

The book offers longtime readers a rare backstage look at how some of the most influential horror fiction of the last half-century was actually constructed, alongside Bicks’s own story of rereading these books as an adult confronting the childhood fears they first stirred in her.

Happy Reading!

-RK

A Richer Retirement

Bill Bengen was a financial planner in the early 1990s who confronted the question that often puzzles aspiring retirees: “When I get to retirement, how much can I spend?”

For his baby boomer clients at the time, there was little expert guidance on the subject. Bengen decided to investigate himself, and in 1994 published his findings in the Journal of Financial Planning under the title Determining Withdrawal Rates Using Historical Data.

The article demonstrated that a 4% initial withdrawal rate from a tax-advantaged account had never failed to allow the account to last for at least 30 years, based on data going back to 1926. And thus, the “4% Rule” was born.

Bengen continued to refine his research. His 2025 book, A Richer Retirement: Supercharging the 4% Rule to Spend More and Enjoy More, argues for a new “4.7% Rule”.

Importantly, Bengen reminds retirees that inflation is their “greatest enemy” and emphasizes that retirees must consistently adjust their withdrawals for the higher cost of living.

Bengen’s book is foundational for financial planners and will be of interest to individuals who want to explore the research behind the 4% Rule.

Bengen was recently interviewed by Morningstar, and you can listen to the discussion on the May 19 episode of Morningstar’s The Long View podcast.

More Than Enough

Even if you think of yourself as having “enough” rather than “more than enough,” if you are spending at a conservative rate from your savings, the reality is that you may well be unlikely to deplete your assets during your lifetime. Which means that, financially speaking, “enough” might turn out to be “more than enough.”

In More Than Enough: A Brief Guide to the Questions That Arise After Realizing You Have More Than You Need, author Mike Piper provides a framework for how to approach the “problem” of having more financial resources than you may need.

Topics include:

  • Do you have more than enough?
  • Who gets the money?
  • Talking with your kids and other heirs
  • Giving and spending during your lifetime
  • Learning to spend and give more

The value in Piper’s short book is not that it provides an answer key for solving the more-than-enough “problem”. Instead, for those who have saved well and lived within their means, it poses questions for self-reflection and introduces ideas that individuals may wish to consider in conjunction with their advisors, including tax professionals, estate planning attorneys, and financial planners.

Piper is a Missouri Licensed CPA, and the author of several personal finance books and the blog Oblivious Investor.

How to Be More Tree

How to Be More Tree: Essential Life Lessons for Perennial Happiness by Liz Marvin uses the quiet wisdom of trees as a metaphor for living a calmer, more resilient, and more joyful life.

Through short, beautifully illustrated reflections, Marvin encourages readers to adopt tree-like qualities—such as rootedness, patience, adaptability, and generosity—to navigate stress and uncertainty with greater ease.

The book blends gentle philosophy with practical life lessons, reminding us to slow down, grow at our own pace, weather life’s seasons, and stay connected to others and the natural world.

Marvin’s uplifting meditation on finding lasting happiness by being steady, present, and resilient—just like a tree—seems appropriate, too, for those who celebrate Earth Day on April 22.

More On Iran – How We Got Here: Recommended Resources

You may be interested in where to turn for thoughtful, reliable coverage of the situation in Iran and the broader Middle East — sources that go beyond the daily news cycle and offer real context.

Below are two books and two podcasts (in addition to The Dispatch Podcast highlighted in the previous article) that you may find valuable.

The books provide essential historical background on how we arrived at this moment; the podcasts offer informed, ongoing analysis as events continue to unfold.

For Further Reading

Black Wave: Saudi Arabia, Iran, and the Forty-Year Rivalry That Unraveled Culture, Religion, and Collective Memory in the Middle East – Kim Ghattas (2020)

Kim Ghattas is a Lebanese-born journalist who grew up in Beirut during the civil war, served as a BBC Middle East correspondent and later as the BBC’s State Department correspondent, and is currently a senior fellow at the Carnegie Endowment for International Peace.

In Black Wave, named a New York Times Notable Book, she argues that the modern Middle East’s descent into sectarianism, extremism, and cultural repression traces back to the convergence of three events in 1979: the Iranian Revolution, the siege of the Grand Mosque in Mecca, and the Soviet invasion of Afghanistan.

From that point, she traces how Saudi Arabia and Iran — once allies — became rivals in a contest for religious and political supremacy that went far beyond geopolitics, distorting societies across the region for decades.

What sets the book apart is Ghattas’s narrative approach: rather than offering a dry policy history, she tells the story through the lives of individuals across seven countries and four decades — writers, journalists, and ordinary citizens whose lives were upended by forces largely beyond their control.

King of Kings: The Iranian Revolution — A Story of Hubris, Delusion, and Catastrophic Miscalculation – Scott Anderson (2025)

Scott Anderson is a veteran war correspondent who has reported from conflict zones across the globe — including Lebanon, Israel, Egypt, Chechnya, and Bosnia — and a contributing writer for the New York Times Magazine.

His earlier book Lawrence in Arabia is widely regarded as one of the essential texts on the origins of the modern Middle East. King of Kings, which won the 2025 Kirkus Prize for nonfiction and was a New York Times bestseller, is a narrative history of the 1978–79 Iranian Revolution.

Anderson centers the story on the Shah of Iran, who presided over vast oil wealth and American backing yet proved fatally disconnected from his own people, and on Washington, where a massive intelligence and military presence in-country failed to see the revolution coming.

Drawing on recently discovered sources and interviews with direct participants, including the Shah’s widow, Anderson makes a compelling case that the revolution was not inevitable but was the product of cascading miscalculations. — a theme that may resonate as US policy toward Iran is once again being tested.

For Further Listening

The FRONTLINE Dispatch (PBS)

FRONTLINE has long been one of the most trusted names in investigative journalism, and its podcast arm has responded to the current crisis with characteristically thorough coverage.

A recent episode examines the roots and ramifications of the U.S.-Israeli military operation in Iran, drawing on FRONTLINE’s deep bench of reporting on the region. PBS is also airing updated versions of two companion documentaries — Remaking the Middle East: Israel vs. Iran and Strike on Iran — later this month. For those who want rigorous, nonpartisan analysis of how we arrived at this moment and what may come next, this is a good place to start.

Iran: The Latest (The Telegraph)

For those who want to follow the conflict on a daily basis, this podcast from The Telegraph is a worthy source. Hosted by veteran foreign correspondents Roland Oliphant and Venetia Rainey, it offers daily updates and in-depth interviews with military strategists, international relations scholars, and Middle East policy experts.

Because it is produced by a British outlet, the coverage tends to be less filtered through American partisan dynamics and more focused on the broader geopolitical picture — including the war’s impact on Gulf states, European energy markets, and the wider diplomatic landscape. It is particularly useful for listeners who want to stay informed without being overwhelmed by the volume of U.S. cable news coverage.

Media for the New Year

The new year can act as a catalyst to expand horizons and vary daily routines. So far in 2026, I’ve expanded my regular news diet to incorporate balanced and diverse points of view from foreign-domicile media sources.

Here are three podcasts that I’ve been tuning into regularly, which you might find helpful:

  • BBC News – Newshour: the British Broadcasting Corporation (BBC) is the UK’s national public service broadcaster, founded in 1922 and operating as a chartered corporation, independent from government influence. This podcast is “long-form”, with daily episodes running about 45 minutes.
  • Reuters World News: the Reuters news agency was established in London in 1851 and acquired by the Thomson Corporation of Canada in 2008. This podcast is “short-form”, with daily episodes running about 10 minutes.
  • FT News Briefing: The Financial Times (FT) was founded in London in 1888. The British company Pearson, which had owned the FT since 1957, sold it to the Japanese holding company Nikkei a decade ago. This podcast has a financial markets orientation and is “short-form”, with daily episodes running about 10 minutes.

These daily productions can be accessed using a web browser, but you may find following via a podcast app more convenient. My favorite podcast app is Pocket Casts, which can be downloaded to your phone using the Apple App Store or through Google Play.

-RK

How (and Why) to Talk to Strangers

In The Power of Strangers: The Benefits of Connecting in a Suspicious World, journalist Joe Keohane explores a simple idea: that talking to strangers can make us happier, healthier, and more connected.

Keohane conducted his research through a combination of immersive personal experience and extensive academic investigation.

As a journalist, he embarked on a self-described “quest to master talking to strangers,” which involved actively engaging with people in a wide variety of settings—from cross-country train rides to international seminars.

In addition to his fieldwork, Keohane drew on a body of interdisciplinary research.

He consulted studies from psychology, sociology, anthropology, biology, and even theology to understand the roots of our fear of strangers and the benefits of overcoming it.

He explored how social interaction affects mental health, happiness, and cognitive function, and he incorporated insights from leading experts in these fields to support his findings.

In the prologue, Keohane asks the questions: “Why don’t we talk to strangers? When will we? What happens when we do?”

And he answers: “we become better, smarter, and happier people, and strangers—and by extension, the world—become less scary to us.”

Keohane quotes the philosopher Kwame Anthony Appiah: “When a stranger is no longer imaginary, but real and present, sharing a human social life, you may like or dislike him, you may agree or disagree; but if it is what you both want, you can make sense of each other in the end.”

Ultimately The Power of Strangers is an uplifting reminder of our shared humanity.

In an era marked by division and digital echo chambers, Keohane’s message is clear: reaching out to those we don’t know isn’t just good for our society, it’s good for our souls.

-RK

Keys to a Successful Retirement

In Keys to a Successful Retirement: Staying Happy, Active, and Productive in Your Retirement Years, author Fritz Gilbert offers a comprehensive and practical guide to navigating the transition into retirement with purpose and fulfillment.

Using the metaphor of baking a cake, Gilbert emphasizes that a successful retirement requires thoughtful preparation, the right “ingredients” (such as financial security, mental well-being, and meaningful activities), and a step-by-step plan.

He addresses both the financial and emotional aspects of retired life, including managing savings, healthcare, and the psychological challenges like aimlessness or depression.

Gilbert’s book encourages readers to define their own vision of retirement, stay socially connected, and pursue passions that bring joy and meaning, ultimately helping retirees craft a vibrant and satisfying new chapter of life.

-RK

Summer Reading Series: Wild

Summer Reading Series: Non-Fiction

Wild by Cheryl Strayed

A good summer read requires the ability for your mind to be fully transported into another person’s story and life and out of your own (in my opinion).

Wild, by Sheryl Strayed, does exactly that.

This summer, I chose a story about hiking trails on the West Coast, specifically the PCT (Pacific Coast Trail).

The story is told by Strayed as she covers 1,000 miles from the Mohave Desert through California and Oregon to Washington State. Woven into the story of this trek are the details of her past and how she got to this place both physically and mentally.

While the book is about backpacking and hiking, you do not have to be a hiking enthusiast to enjoy poring through these pages. In fact, you may enjoy it even more if you are not.

The story takes many twists and turns around the bend that you don’t see coming.

Ultimately the story is about finding your way free of the weight of past experiences, loss, and grief by allowing yourself to go through the difficult steps of processing it all.

Wild is also a story about taking action which leads you to learning your own hard lessons- while finding a way to let it all in, so that you can come out the other side healed and whole. (Likely not 100%, but possibly monumentally better.)

And it is a story of finding your own true strength. Facing what is in front of you head on.

In this account of her life, Strayed tells authentic tales of true kindness, tales of true grit, and tales of true fear.

You yourself will likely come away with some new perspective, inspiration, and possibly some motivation for beginning your own journey. Big or small. I know I did.

-Donna