In the last few years I’ve read quite a few books that are related to finance. Here are my favorites broken down by sub-genre.
Basic Investing
Bull’s Eye Investing: Targeting Real Returns in a Smoke and Mirrors Market by John F. Mauldin is my pick for the average person that wants to invest in the stock market. [...]
Back in March I reviewed a financial history book called Devil Take the Hindmost. In that post I listed how America 2008 was starting to look like Japan 1990. One of the items I mentioned was in regards to accounting.
2. Central bankers turned a blind eye to banks that wouldn’t write down bad debt.
The Big [...]
Don’t blame me. It isn’t my fault your home price is plummeting, your 401K is getting rocked and your bank is in trouble. I’m just a student of financial history and saw things differently than the bubble-heads on CNBC. I still have a lot to learn and I’m often wrong (oil). However, it is starting [...]
Over the past three years I’ve read many financial books across various subtopics. Although I had intended to take a break from the finance books, I couldn’t pass up a chance to read this book.
More Than You Know: Finding Financial Wisdom in Unconventional Places (Updated and Expanded) by Michael J. Mauboussin for me was a [...]
In a post earlier this week TheTailGunner posted his success buying individual stocks since 2004. From The Market has been good to me:
On July 16th, 2004, I opened this account with $11,107.66.
As of some time today, the account is currently worth $26,869.12.
That’s an increase of almost 240% in less than 4 years. Not too shabby.
He [...]
In the post Meet Nassim Nicholas Taleb, I dropped in this quote without adding any comments.
…the good investment strategy is to put 90% of your money in the safest possible government securities and the remaining 10% in a large number of high-risk ventures. This insulates you from bad black swans and exposes you to the [...]
Last September when I restarted my 401K plan at my company I put 100% of my investment in the Cash Fixed Fund account. This sparked a conversion with a financial planner, who felt he could show me the errors of my way. He didn’t know who he was taking to. After [...]
Karl Denniger has some excellent advice for regular investors on how they can outperform the stock market indexes with minimal research and minimal trades. His rule which he learned from his Chicago days is to compare the 20 Week Moving Average to the 50 Week Moving Average. When the 20 WMA passes the 50 WMA [...]
A pal of mine recently told me that I should read the 1922 investing classic: Reminiscences of a Stock Operator.
Reminiscences of a Stock Operator Illustrated (A Marketplace Book) by Edwin Lefèvre is as relevant today as it was in the 1920s. The book is a collection of interviews with the fictitious Lawrence [...]
In my post Ignore My Financial Advice, one of my tips was to read financial history. One aspect of financial history I’d like to address is this baby-boomer nonsense that the stock market always goes up in the long term.
I guess that depends on what you consider the long term.
Before anyone invests in the stock [...]
