They’re, no doubt, some of the best investments out there.
Wise investing is a life skill essential for everyone to master—after all, money doesn’t grow on trees so you’d want to make sure you’re a good guardian of your resources. The Internet is a treasure trove of articles that will help you hone your investing skills, but some of the best resources are available in actual book form. Poring over page after page of information on finances, saving, and investing just won’t ever get old. And highlighting (or putting sticky notes/codes on) the most relevant pieces of information to you and your life makes the lessons stick even more.
Her are some of our readers favorite books that you must not miss—they’re all so good you’d want to get them all:
Seth Klarman: Investors Always Need A Strategy To Guide Them
"Many investors lack a strategy that equips them to deal with a rise in volatility and declining markets," Seth Klarman told his audience in a speech at MIT in 2012. Q3 2020 hedge fund letters, conferences and more Klarman was talking about the benefits of having a strategy, such as value investing, to provide a Read More
Packed with 32 hand-selected articles by the most distinguished money managers and investment researchers in the world, this book is like a masters course in investing. Be the best investor you can be with insights on strategies that got the highest historical returns, what leads to poor “complex” investing decisions, and more/
This books combines the best aspects of value investing and quantitative investing to come up with an exciting and reliable approach to stock selection a.ka. quantitative value, “a superior, market-beating method to investing in stocks.” See for yourself how actual market practitioners carry out their quantitative value strategies, alongside probabilities and statistics.
Charlie Munger: The Complete Investor by Tren Griffin
Learn from Charlie Munger, Berkshire Hathaway's visionary vice chairman and Warren Buffett's indispensable financial partner how to win the market index game consistently with his "’elementary, worldly wisdom’—a set of interdisciplinary mental models involving economics, business, psychology, ethics, and management”. This has allowed him to be objective when it comes to his investments and not a bit emotional about it. Interviews, speeches, writings, and shareholder letters, plus commentary from fund managers, value investors, and business-case historians, will give you a comprehensive look at how Munger rose to (and has stayed at) the top.
Quality Investing: Owning the best companies for the long term by Lawrence A Cunningham, Torkell T Eide, Patrick Hargreaves
What really is quality investing? How do you make sure you’re doing the right thing that will yield the best results for your business? For Cunningham, Eide, and Hargreaves three characteristics will help you ace every venture: strong, predictable cash generation; sustainably high returns on capital; and attractive growth opportunities.
Fatal Risk: A Cautionary Tale of AIG's Corporate Suicide by Roddy Boyd
An inside story on what really happened at AIG that made it crumble on risk, almost taking the entire economic system with it, this book is a compelling read worth the time of anyone and everyone, whether you’re keen on investing or not. It, after all, tells the story of how America’s economy withstood a financial storm.
Kickstart your investing journey on a high note with these deals that will take your budget the extra mile. The good news is, you’ll be able to purchase these pricey titles at discounted prices (with 4.0% cash back if you get them from barnesandnoble.com), thanks to free browser extension and mobile app (available on both Android and IOS). Reading is indeed a truly awesome way to polish your money smarts, no matter your financial goal.