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TheOcean  Florida State Fan Tampa Bay, FL Member since Aug 2004 23139 posts

| Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 5:45 pm)
About to start reading Thinking, Fast and Slow. Any other recommendations?
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Bayou Tiger  LSU Fan The Woodlands, TX Member since Nov 2003 2925 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 6:59 pm to TheOcean)
Copy/paste of my response to a prior variant of this thread. If I had to pick just one, it would be The Visual Display of Quantitative Information. It should be required reading for anyone who works with numbers.
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How to Argue and Win Every Time, by Gerry Spence - This is a great book on how to frame your points in terms of others' interests. It was the most influential book that I have read and really changed the way that I communicate with others. The Visual Display of Quantitative Information, by Edward Tufte - This is a simply fabulous book on how (and how not) to make graphs, charts, and tables that most efficiently and effectively convey your ideas. Despite the horrendously boring title, the book is quite an easy read and was very insightful even a few years into my career. I have reread it a couple of times. He has two follow-up books, Envisioning Information and Visual Explanations, that are also good but not as essential as the first one. Getting to Yes, by Fisher, Ury, and Patton - This introduces some key concepts that can help anyone go from haggler to negotiator. Terms like "principled negotiation" and BATNA (Best Alternative to a Negotiated Agreement) can help immediately and pave the way for more detailed study in negotiation. Difficult Conversations, by Stone, Patton, and Heen - I consider this great follow-up reading to How to Argue and Win Every Time. It helps frame the thought process for a number of difficult conversations, from feedback to family conversations to apologizing or even expressing affection. This is not your typical "soft skills" book and was crafted by the team of the Harvard Negotiation Project. It is very underrated and a practical book that would benefit anyone.
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wiltznucs  South Florida Fan Apollo Beach, FL Member since Sep 2005 4352 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 7:24 pm to TheOcean)
Investments - Bodie, Kane, Marcus Big Picture Investing - Navarro (an audiobook available at most libraries) does a good job tying together basic macroeconomic principles to the stock market
This post was edited on 1/3 at 7:27 pm
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TheOcean  Florida State Fan Tampa Bay, FL Member since Aug 2004 23139 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 7:38 pm to Bayou Tiger)
I've seen 1, 2, and 3 before. Will definitely check them out. thanks for the recommendations. 
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Bayou Tiger  LSU Fan The Woodlands, TX Member since Nov 2003 2925 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 7:41 pm to wiltznucs)
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Investments - Bodie, Kane, Marcus
That's a blast from the past. I'll bet I still have the PDF of that book on my hard drive. We used that in my MBA investments class.
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Cold Pizza  Ohio State Fan Member since Sep 2011 7639 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 7:42 pm to TheOcean)
A Random Walk Down Wall Street
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wiltznucs  South Florida Fan Apollo Beach, FL Member since Sep 2005 4352 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 7:45 pm to Bayou Tiger)
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That's a blast from the past. I'll bet I still have the PDF of that book on my hard drive. We used that in my MBA investments class.
It's still the gold standard and in it's 9th edition. I used it in my MBA Investing class too... 
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GoCrazyAuburn  Auburn Fan Member since Feb 2010 9061 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 8:20 pm to Cold Pizza)
quote:
A Random Walk Down Wall Street
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Tha Herg  LSU Fan Herget Dorm Member since Jul 2009 1183 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 8:37 pm to wiltznucs)
quote:
Investments - Bodie, Kane, Marcus
Used it in my MBA investments class as well. I liked the first half of the book for beginning investors but the second half gets really bogged down in formulas and complicated portfolio strategies.
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wiltznucs  South Florida Fan Apollo Beach, FL Member since Sep 2005 4352 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 8:54 pm to Tha Herg)
Very true... The second half is pretty deep but the first is solid...
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PhiTiger1764  LSU Fan Lurker since Aug 2003 Member since Oct 2009 2860 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/3/13 at 9:41 pm to TheOcean)
Per this board I purchased The Millionaire Next Door and A Random Walk Down Wall Street. ETA: Reading Millionaire now and it is good. Haven't got to the other yet.
This post was edited on 1/3 at 9:43 pm
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TheSurge  LSU Fan The Keg Member since Nov 2009 81 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/4/13 at 12:18 am to Bayou Tiger)
Hey Bayou Tiger, wiltznucs, or Tha Herg..... I'm starting my MBA's investments class Monday. If you still have the PDF of Investments 9th ed. can you shoot it my way. surgekmcnally@gmail.com TIA 
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matthew25  Ole Miss Fan Member since Jun 2012 1510 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/4/13 at 1:30 am to TheSurge)
Go see (or rent): Inside Job. Go read: The Big Short by Michael Lewis.
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blowmeauburn  LSU Fan Baton Rouge Member since Sep 2006 3861 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/4/13 at 1:35 am to TheSurge)
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If you still have the PDF of Investments 9th ed. can you shoot it my way. surgekmcnally@gmail.com TIA
I would love a copy of it too if you wouldn't mind. Just let me know and I will post email. Also, just got done reading Big Short and I read Boomerang before that. Lewis' style is very easy to follow and I feel smarter after reading his books. Another good author/professor is Niall Ferguson. Cash Nexus and the Ascent of Money are good starts. You can actually just watch the Ascent of Money documentary on Youtube if you want. I also have been watching his latest, The War of the Worlds, which is more about history than finance but still fairly relevant. I would also check out the PBS documentary "The Commanding Heights". Excellent break down of the competing economic theories.
This post was edited on 1/4 at 1:40 am
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Bayou Tiger  LSU Fan The Woodlands, TX Member since Nov 2003 2925 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/4/13 at 6:16 am to TheSurge)
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I'm starting my MBA's investments class Monday. If you still have the PDF of Investments 9th ed. can you shoot it my way.
Looks like mine is 5e, but I sent it anyway. You could probably get that edition for $10 if half.com if it is anything like the way old editions of textbooks used to be (which is why I bought old editions of textbooks when I was in school).
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rsande2  LSU Fan Member since Jan 2006 3410 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/4/13 at 10:49 am to TheOcean)
quote:
Any other recommendations?
Millionaire next door What color is my Parachute Beating the street
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sstig  LSU Fan Houston Member since Oct 2003 1577 posts

| re: Beginner Finance/Business/Economic Books (Posted on 1/4/13 at 12:51 pm to rsande2)
Read "The Wealthy Barber". Simple concepts, long term view and less worry. Worked for me.
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