I want to start building a foundation in machine learning to ultimately do research in the intersection of machine learning and economics/finance. Would The Elements of Statistical Learning (Hastie et. al. 2009) be the best place to start? I fear that the text may be outdated in 2019, but I’m coming to ML with only econometric/statistical knowledge.

Also, would An Introduction to Statistical Learning with Applications in R (Gareth et al 2017) be too basic for my goals? Are there better texts I should start with than Hastie et al (2009)?