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...
John Wiley & Sons, 2013, [Equity Investing] Grade 3
Most For-Dummies-books will take you far beyond the dummy level. This one is no exception. Nick Hodge is an author of multiple books on energy investing and also one of the editors of the energy-investing site Energy & Capital. Several of the other editors have helped out writing... Further reading... Link to Amazon...
BAM Alliance Press, 2015 [Equity Investing] Grade 2
The Incredible Shrinking Alpha´s core purpose is to show that active management is futile and as “alpha has become beta” those futile odds have been lowered even more compared to the 1950s. One of the authors, Larry Swedroe is a well-known proponent of investing in ETFs, while Mr... Further reading... Link to Amazon...
Wiley Finance, 2014 [Equity Investing] Grade 4
Hopefully this book can do for corporate culture and creating value what William Thorndike’s Outsiders did for share buybacks and “value creation”. For those of you with a high degree of Warren Buffett-nausea, please keep reading! If Larry Cunningham’s The Essays of Warren... Further reading... Link to Amazon...
Columbia University Press, 2014, [Equity Investing] Grade 4
This book wants to be taken seriously – and it should. The ambition is grand and the author is innovative. Nick Gogerty could perhaps easiest be described as a serial entrepreneur within technology and finance. He’s a private strategist working for leading hedge funds, banks and... Further reading... Link to Amazon...
John Wiley & Sons, 2013, [Equity Investing] Grade 4
This Book is not like anyone you have read before. Mark Spitznagel builds a mosaic of philosophy, history, economics, military strategy, psychology and more to end up with a loose framework for equity investing that could serve as a practical sequel to Nassim N. Taleb’s Antifragile. Indeed... Further reading... Link to Amazon...
Allen Lane, 2014, [Equity Investing] Grade 4
It is usually the sign of a good book if it ignites heated debate between its detractors and its supporters. Equally, it is the sign of a good book if it was written by Michael Lewis. This book delivers superbly on all promises. Lewis, who needs no introduction after smash hits such as... Further reading... Link to Amazon...
Wiley, 2003, [Equity Investing] Grade 3
Reading Financial Fine Print takes me down memory lane to the early noughties when this reviewer – deemed “a sceptic and perma-bear” – created several “Black Lists” consisting of companies with multiple red flags in minefields like pension debt, option schemes, goodwill... Further reading... Link to Amazon...
The MIT Press, 2000, [Equity Investing] Grade 3
A central guidepost of finance is that an investor that is better informed than the others can generate returns higher than the less knowledgeable. The investor with the ultimate level of corporate specific knowledge is the corporate insider. The objective of this book is to determine... Further reading... Link to Amazon...
McGraw-Hill, 2009, [Equity Investing] Grade 4
Forecasting is hard. Skilled financial forecasting with inadequate tools is even harder. This book supplies the tools; that is, it supplies the structure of the Excel-designs used to try to model a company’s financial future and the DCF used to assess its intrinsic value. John Tjia for a very... Further reading... Link to Amazon...
Free Press 2007, [Equity Investing], Grade 4
Recently, there was an article about Chinese IPOs in a Shanghai newspaper. The writer spoke to Yan Ding, head of Ceibs Research Center in Shanghai about the merits of investing in the avalanche of IPOs coming the market’s way this year. “If somebody asks me whether to invest... Further reading... Link to Amazon...
Portfolio Penguin, 2012 [Equity Investing] Grade 3
Last month, one of the most influential business journalists of our time decided it was time to hang up the pen. Carol J. Loomis, the longest-tenured journalist ever at Fortune Magazine (60 years!) was recently described as the business writer combination of Cal Ripken Jr (durability... Further reading... Link to Amazon...
John Wiley & Sons, 2012, [Equity Investing] Grade 4
The mind constantly plays tricks with investors. In a stressful - potentially loss-making - situation the negative pressure risks short-circuiting our analytical ability and when looking at new investments greed makes the investor susceptible to buying into management’s song and... Further reading... Link to Amazon...
Palgrave Macmillan 2014, [Equity Investing], Grade 5
“Hang out with people better than you, and you cannot help but improve”. This book by one of the most prolific second-generation Buffetteers is about building the appropriate investment foundation, about setting up the right environment, about the triumphs of an inner scorecard... Further reading... Link to Amazon...
John Wiley & Sons, 2014, [Equity Investing] Grade 4
In a capitalistic economy with free market entry new competition will ensure that any existing company’s surplus financial returns will evaporate over time. That is, unless there is something that interferes and protects the incumbents from new competition. Few have spent more time... Further Reading... Link to Amazon...
