Page 1
Page 1
Started By
Message
locked post

Recommended books???

Posted on 3/11/10 at 11:15 am
Posted by Jason9782003
Member since Aug 2007
3552 posts
Posted on 3/11/10 at 11:15 am
What are some good books that you would recommend to someone getting started with buying/selling stocks on their own? I have a business degree so I have a basic understanding of financial statements and financial ratios, but I'm not very confident in interrupting the data and investing on my own. How to determine if a stock is undervalued, overvalued, etc.

Any info is appreciated!
Posted by Parliament
Member since Dec 2007
5787 posts
Posted on 3/11/10 at 11:17 am to
A Random Walk Down Wall Street

/thread
Posted by John Merlyn
Member since Oct 2009
2203 posts
Posted on 3/11/10 at 11:17 am to
Reminiscences of a Stock Operator by Edwin LeFevre

Fooled by Randomness by Nassim Taleb

Anything by Bogle who founded Vanguard
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 3/11/10 at 11:21 am to
In my opinion, you're not a stock market investor unless you've read The Intelligent Investor by Benjamin Graham.



Read that one first. Then check out One Up on Wall Street or Beating the Street by Peter Lynch. Lynch's quick methodology of basic fundamental analysis as outlined in Ch. 13 (if my memory serves me correctly) of One Up on Wall Street is second to none, at least in terms of the basics. But as that book is a little outdated, you may prefer Beating the Street.





As for short-term trading, nothing beats Toni Turner.


This post was edited on 3/11/10 at 11:22 am
Posted by Jason9782003
Member since Aug 2007
3552 posts
Posted on 3/11/10 at 11:24 am to
Thanks! The Intelligent Investor by Benjamin Graham was coming up a lot in my google search.
Posted by LSURussian
Member since Feb 2005
126957 posts
Posted on 3/11/10 at 11:27 am to
Any book about or by Warren Buffett.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 3/11/10 at 11:30 am to
Yes, Buffet was actually a disciple of someone, and that someone was Benjamin Graham.

Warren Buffett describes The Intelligent Investor as "the best book about investing ever written" in that book's preface.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 3/11/10 at 11:49 am to
Got these recommendations the other day from someone who knows what he's talking about, but I haven't read them yet.

"The little book that beats the market"
"You can be a stock market genius"
"Essays of Warren Buffet"
"Margin of Safety" by Seth Klarman (This one is ridiculously expensive, might want to find a digital copy)

For someone young, I would really suggest Alan Greenspan's "The Age of Turbulence". It's historical references have kept me in a lot of conversations with older people and that always impresses.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 3/11/10 at 12:04 pm to
Yes there are a few that you absolutely must read, even if only just to survive a conversation at a cocktail party with a bunch of financial big wigs, but really the correct answer to the OP's question is, "Anything and everything you can get your hands on."

Your recs have been added to the top of my To-Read list.
Posted by Jason9782003
Member since Aug 2007
3552 posts
Posted on 3/11/10 at 12:14 pm to
I decided to start with these three:

The Intelligent Investor by Benjamin Graham
One Up on Wall Street by Peter Lynch
The Essays of Warren Buffett

Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 3/11/10 at 12:27 pm to
quote:

the correct answer to the OP's question is, "Anything and everything you can get your hands on."


That.

It's been one of the biggest pitfalls of the CFA for me.

My personal reading time is limited to TD.com
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 3/11/10 at 12:36 pm to
Yeah, law school doesn't exactly make chipping away at the pile of extracurricular books on the desk very easy either.
Posted by Cash
Vail
Member since Feb 2005
37242 posts
Posted on 3/11/10 at 2:27 pm to
quote:

RedStickBR


All good choices. Anything by Graham and Lynch is worthwhile.

I'd like to add Warren Buffett's letter to shareholders in Berkshire Hathaway's annual report.
Posted by dutchdanish
Reno
Member since Aug 2008
2769 posts
Posted on 3/11/10 at 3:44 pm to


This one's a great place to start.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram