Wiley Publications, 2rd ed 1993, [Behavioural Finance] Grade 5
The Investor's Quotient, its first edition (1980) written long before the days of Daniel Kahneman winning the Nobel Prize, is at its core about how to master yourself as a means to the endgame of mastering the market. This classic read was way ahead of its time and ages well due to... Further reading... Link to Amazon...
PCA Publications, 3rd ed 2008, [Behavioural Finance] Grade 5
Despite achieving a cult-like status among a niche group of investors, I would dare to say that Charles Munger is one of the most underrated investors of our age, and a true original thinker. Warren Buffett has been the embodiment of Berkshire Hathaway´s success, but Munger has in many ways supplied... Further reading... Link to Amazon...
John Wiley & Sons, 2007, [Behavioural Finance] Grade 5
James Montier, top ranked investment strategist at - in turn - Dresdner Kleinwort, Société Générale and GMO, is probably the most important apostle of behavioural finance there is and as such, should be mentioned right beside names such as Daniel Kahneman, Richard Thaler or Robert Shiller. For many investment professionals... Further reading... Link to Amazon...
Columbia University Press, 2006, [Behavioural Finance] Grade 5
As a leading thinker on investments Michael Mauboussin, strategist at Legg Mason and formerly at Credit Suisse First Boston, has through his widely read writings influenced how equities are viewed today. This book is an inspiring tour on a number of topics related to investment philosophy and... Further reading... Link to Amazon...
Dover Publications, First edition 1895, [Behavioural Finance] Grade 5
There are a number of books that portray financial bubbles and crowd behaviour. This from 1895 is the best one even if it doesn’t specifically touch on the financial markets. The Crowd by the French sociologist Gustave Le Bon covers a number of topics such as how individuals... Further reading... Link to Amazon...
Doubleday, 2004, [Behavioural Finance] Grade 5
The mob is often seen to lack both a sense of reasonable proportion and an ability to balance multiple inputs. Those who have lived through the recent financial crisis would probably sign off on a similar view of how collectives function. Yet, the top rated analyst has a curious difficulty in beating the collective when it comes to... Further reading... Link to Amazon...
