TEXERE, 2004, [Equity Investing] Grade 5
There lies a danger in rereading books after a long time – it’s not always they age gracefully. The subtitle of Capital Account is A Money Manager’s Reports on a Turbulent Decade, 1993-2002. The time period corresponds roughly to the first half of my time in the equity market so far and I... Further reading... Link to Amazon...
EndlessRiseInvestor.com, 2015, [Equity Investing] Grade 4
In Value Investing the author, an investment advisor and former hedge fund manager, shares his framework for investing in stocks. The stated aim is to provide a process for investment success. The emphasis is on process as investors without one are prone to let psychology determine... Further reading... Link to Amazon...
Harriman House, 2016, [Equity Investing] Grade 4
This is something as unusual as a practical book on behavioral finance. Where the discipline for too long has focused on disproving the so-called Modern Portfolio Theory and listing psychological quirks among investors, Daniel Crosby takes things one well needed step further... Further reading... Link to Amazon...
MIT Press, 2014, [Equity Investing] Grade 4
When someone writes a book on a subject and at the same time runs a company offering a software solution to the issues discussed this generally throws up warning flags. In the case of Managing Equity Portfolios this is unjustified. The author is clearly passionate about solving the... Further reading... Link to Amazon...
The Cunningham Group & Harriman House, 2016, [Equity Investing] Grade 4
If you’ve ever watched Warren Buffett and Charlie Munger answering questions at a Berkshire Hathaway AGM, one thing that is striking is the combination of breadth and depth. That is, the breadth in the number of topics covered and the depth of the insight. The George Washington... Further reading... Link to Amazon...
My Cents Worth Publishing, 2010, [Equity Investing] Grade 4
A few years ago I attended a class at Columbia Business School and seated next to me was this very nice Australian. When I at one point asked about his favorite investment book he pointed to Value.able by Roger Montgomery. Later on when I read the book my expectations were perhaps... Further reading... Link to Amazon...
Columbia University Press, 2015 [Equity Investing] Grade 4
This might very well be the best over-hyped book I have ever read. Already a year before actual publication rumors began to swirl around the book - fully understandable given the intriguing combo of our time’s most mythical investor and a hugely successful writer with an ardent... Further reading... Link to Amazon...
John Wiley & Sons, 2012, [Equity Investing] Grade 3
With this book the author provides the basis of an understanding of how to invest in the finance sector. The author is an analyst at Fisher Investments covering the financial sector and macro strategy and with this book Ken Fisher’s investment firm completed the book series going... Further reading... Link to Amazon...
John Wiley & Sons, 2011, [Equity Investing] Grade 3
This is a book with the dual purpose of on the one hand teaching aspiring small-cap portfolio managers how to set up shop and on the other hand giving institutional investors a better feel of what to look for when performing due diligence of small-cap managers. In respect to this aim... Further reading... Link to Amazon...
Wiley Finance, 2000, [Equity Investing] Grade 4
The starting point for this Jim Ware’s first out of currently three books is the observation that very few portfolio managers continuously manage to beat their benchmarks and that the standard solution to this problem is to do “more of the same”, only with more energy. The... Further reading... Link to Amazon...
Wiley&Sons, 2015 [Equity Investing], Grade 4
Trying to elbow oneself into the latest unicorn-celebration in Silicon Valley is a mean feat. But it pales in comparison to the task at hand for the authors of DYI Financial Advisor – achieving tenure in the Advice For The Individual Investor-section of the bookstore. However, we believe... Further reading... Link to Amazon...
Harriman House, 2015, [Equity Investing] Grade 5
I’m a terrible snob when it comes to investment literature. Books written for private investors rarely interest me. This is different. This might be the most important book on investments that a private investor can read – if he can gather the discipline to follow the advice. It might actually... Further reading... Link to Amazon...
McGraw Hill, 2013, [Equity Investing] Grade 4
If your portfolio looses 50 percent of its value it needs to recover 100 percent to reach the same spot. If you can avoid a fair number of the worst performers in the stock market you will have a good chance to outperform. One way to avoid some of the holdings that kill performance is to... Further reading... Link to Amazon...
John Wiley & Sons, 2006, [Equity Investing] Grade 4
During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. Joel Greenblatt’s The Little Book That Beats the Market had an immediate and vast impact when it was published in 2006. Greenblatt is through his hedge fund Gotham Capital and later ventures clearly one of the most successful... Further reading... Link to Amazon...
Cypress House, 2005, [Equity Investing] Grade 4
During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. Ed Easterling shows that by taking a step back and getting a better overview the investor gains an understanding of secular market... Further reading... Link to Amazon...
Simon & Schuster, 1993, [Equity Investing] Grade 4
During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. The legendary fund manager Peter Lynch wrote his classic One Up On Wall Street while still managing the Magellan Fund at Fidelity. This... Further reading... Link to Amazon...
Simon & Shuster, 1998, [Equity Investing] Grade 4
During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. Canadian born value investor David Dreman founded New Jersey based Dreman Value Management in 1977 after having served as... Further reading... Link to Amazon...
Orion, 1992, [Equity Investing] Grade 4
During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. First out is Jim Slater’s The Zulu Principle written to his son who had shown an interest in investing. The book is seen as growth investing... Further reading... Link to Amazon...
2015 (2nd ed), [Equity Investing] Grade 3
Standing on the shoulder of investment giants, equity analyst Richard Rockwoood has written a book with the sub-title Taking a Multidisciplinary Approach to Focus Investing alluding to Charlie Munger’s concept of a Latticework of Mental Models. The latticework metaphor was used in a... Further reading... Link to Amazon...
Palgrave Macmillan, 2015, [Equity Investing] Grade 4
Dead Companies Walking is something of a biography of an investment career stretching more than 30 years, primarily in the U.S. small/mid cap market and over 20 years of running a hedge fund. During his career, Scott Fearon has had particular success with finding businesses that... Further reading... Link to Amazon...
