Security Analysis is a book written by professors Benjamin Graham and David Dodd of Columbia Business School, which laid the intellectual foundation for what would later be called value investing. The first edition was published in 1934, shortly after the Wall Street crash and start of the Great Depression.
MagicFormulaInvesting.com is not an investment adviser, brokerage firm, or investment company. "Magic Formula" is a term used to describe the investment strategy explained in The Little Book That Beats the Market. There is nothing "magical" about the formula, and the use of the formula does not guarantee performance or investment success.
According to Pablo Galarza of Money, "His 1994 book Stocks for the Long Run sealed the conventional wisdom that most of us should be in the stock market." James K. Glassman, financial columnist for The Washington Post called it one of the 10 best investment books of all time.
Irrational exuberance refers to investor enthusiasm that drives asset prices up to levels that aren't supported by fundamentals. Irrational exuberance refers to investor enthusiasm that drives asset prices up to levels that aren't supported by fundamentals.
Through every type of market, William J. O'Neil's national bestseller How to Make Money in Stocks has shown over 2 million investors the secrets to successful investing. O'Neil's powerful CAN SLIM Investing System--a proven seven-step process for minimizing risk and maximizing gains--has influenced generations of investors.
Hour-long lunches with Buffett auction off on eBay for hundreds of thousands of dollars. And there are countless books on Buffett, most notably Robert G. Hagstrom’s The Warren Buffett Way (Wiley). Interestingly, though, Buffett doesn’t make much of a secret of his techniques.
The Only Investment Guide You'll Ever Need is a book written by Andrew Tobias and concerns commonsense rules that the ordinary saver can live by. Published in 1978 and revised every few years since then, it predated other popular investment books like the Beardstown Ladies Investment Guide and Beating the Street by Peter Lynch of Fidelity's Magellan Fund.
In this episode, Preston and Stig review the best selling book, Buffett: The Making of an American Capitalist, by Roger Lowenstein. In this episode, Preston and Stig review the best selling book, Buffett: The Making of an American Capitalist, by Roger Lowenstein.
There are dozens of books written on the topic of value investing, and many even claim to reveal the secrets that made superinvestor Warren Buffett billions of dollars. David Clark and Mary Buffett's bestselling book Buffettology, as the name suggests, belongs to the latter category, but the reason it stands out is that it actually delivers on its promise.
This book continues from where Kiyosaki left off in Cashflow Quadrant, his 2nd book in the trilogy (now complete with Rich Dad's Guide to Investing).In his 1st book Rich Dad Poor Dad, Kiyosaki addressed the differences in mindsets between the Rich and the Poor.
Winning the Loser’s Game: Timeless Strategies for Successful Investing by book review. Click to read the full review of Winning the Loser’s Game: Timeless Strategies for Successful Investing in New York Journal of Books. Review written by Stephen Roulac.
Whether you're a complete investing novice or just confused about all the contradictory advice out there, A Beginner's Guide to Investing is an accessible guide to growing your money the smart and easy way. Throw away the get-rich quick schemes that never work and turn off the financial news and it's constant noise.
"The New Market Wizards" is in broad terms a general rehash of ideas propounded in the first book, except that it was more geared toward trading styles than investment techniques, plus the myriad traders highlighted were newer to the game at the penning of the book and in this sense their views less impressive/thought-provoking compared to its prequel where the most legendary / creme de la creme were handpicked to go into the definitive book.
The Investment Answer by Daniel C. Goldie and Gordon S. Murphy shows how financial markets can become your ally rather than your adversary. Goldie and Murphy review five basic but key decisions that will help you to sort through all of the financial opinions (we call this “noise”) and improve your returns. This book is recommended reading for all of our clients.
Capital Ideas traces the origins of modern Wall Street, from the pioneering work of early scholars and the development of new theories in risk, valuation, and investment returns, to the actual implementation of these theories in the real world of investment management.
America's fascination with the financial industry has produced more books than you could ever hope to read. That's why we've put together a cheat sheet: the best Wall Street tomes ever written. These books provide the big picture: the stories that mattered, the people behind them, and the deals and collapses that made the industry what it is.
In The Dhandho Investor, Pabrai evangelizes a method of investment in plain words that turns out to be value investing. Its principles are clearly laid out and plenty of examples are given. The book does a good job of introducing the topic and referencing practical resources to take next steps in few words.
Barbarians at the Gate: The Fall of RJR Nabisco is a book about the leveraged buyout (LBO) of RJR Nabisco, written by investigative journalists Bryan Burrough and John Helyar. The book is based upon a series of articles written by the authors for The Wall Street Journal.
The Bogleheads' Guide to Retirement Planning - this book was a collaborative effort the members of the Bogleheads forum and covers the entire spectrum of retirement planning, including: investing, taxes, retirement plans, personal finance, insurance and estate planning issues.
A very good book investment book introducing value investing, basic accounting and financial analysis. The section on valuation and DCF is easy to understand and the detail and clarity of explanations will benefit the first time investor and reader.
After reading John Bogle's work and taking Burton Malkiel's investment class, I learned that most active mutual funds fail to outperform index funds that benchmark the portfolios that the active managers strive to beat. Bogle advances his message further in The Clash of Cultures.
Financial Shenanigans is by Howard Schilit, president of the Center for Financial Research and Analysis. It is a very readable step-by-step guide to detecting fraud by reading financial statements. Most of the big corporate scandals in the past few years have been in one way or another accounting scandals.
There are two absolutely wonderful ideas in this book (even though it takes hundreds of pages for John to get it out). 1. The intrinsic value of a business is the discounted value of the cash that can be taken out of it over the rest of its lifetime. 2.