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Books on Investment

Investment discussion for beginners. Why you should invest your money, get help getting started
monabri
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Re: Books on Investment

#229516

Postby monabri » June 14th, 2019, 3:13 pm

After 40 years and a 7 figure portfolio...I'd say carry on as you are!

SDN123
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Re: Books on Investment

#231816

Postby SDN123 » June 24th, 2019, 7:17 pm

A book for a younger audience (or for people who prefer stories to a “scientific” approach try The Richest Man in Babylon - available cheaply in most formats or free online if you google the name.

SDN

SentimentRules
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Re: Books on Investment

#234485

Postby SentimentRules » July 6th, 2019, 10:10 pm

A great read is the Journal of Finance. Published by Wiley for the American Finance Association.

Some great case studies in it. Both technical and fundamental aspects. Will save you a lot of time on your journey.
A sample case is: Market Statistics and Technical Analysis: The Role of Volume

There are many.

theogJ
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Re: Books on Investment

#239234

Postby theogJ » July 25th, 2019, 2:33 pm

For those of us who are limited in time or are in the initial stages of understanding the language of investing, I recommend "A Random Walk Down Wall Street" by Burton G. Malkiel.

ReformedCharacter
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Re: Books on Investment

#239307

Postby ReformedCharacter » July 25th, 2019, 5:41 pm

theogJ wrote:For those of us who are limited in time or are in the initial stages of understanding the language of investing, I recommend "A Random Walk Down Wall Street" by Burton G. Malkiel.


Available as a pdf:

http://site.iugaza.edu.ps/wdaya/files/2 ... Street.pdf

RC

formoverfunction
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Re: Books on Investment

#239358

Postby formoverfunction » July 25th, 2019, 8:58 pm

The Zulu Principle
One Up On Wall Street: How To Use What You Already Know To Make Money In The Market
The Sterling Bonds and Fixed Income Handbook: A practical guide for investors and advisers
First Steps in Bonds: Successful Strategies without Rocket Science
Intelligent Investor: The Definitive Book on Value Investing - A Book of Practical Counsel
The Snowball: Warren Buffett and the Business of Life
All on my bookshelf!

Wuffle
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Re: Books on Investment

#257496

Postby Wuffle » October 13th, 2019, 9:50 am

I have recently picked up a softback copy of 'Capital' by Thomas Piketty.
I don't go for electronic reading and was too tight to buy the hardback.
Not an investing book exactly but a significant piece on the background on which investment is layered.
In summary, if you are already worth a few quid, the other books are irrelevant!

Wuffle.

baltica77
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Re: Books on Investment

#284970

Postby baltica77 » February 17th, 2020, 4:01 pm

The best book on investment and the only one is - The Richest Man in Babylon. Other that you need is to check ROI of every single think that you want to invest in.

SDN123
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Re: Books on Investment

#285050

Postby SDN123 » February 17th, 2020, 9:39 pm

baltica77 wrote:The best book on investment and the only one is - The Richest Man in Babylon. Other that you need is to check ROI of every single think that you want to invest in.


And you can get The Richest Man in Babylon free online (easy with google) so the ROI on that is pretty high too! Agree it’s very good!

dspp
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Re: Books on Investment

#285356

Postby dspp » February 19th, 2020, 11:35 am

A decent review of Piketty's latest here https://www.theguardian.com/books/2020/ ... -reduce-it

The result of these postwar trends is that western democracies are now dominated by two rival elites, reflected in many two-party electoral systems: a financial elite (or “merchant right”) that favours open markets, and an educational elite (or “Brahmin left”) that stands for cultural diversity, but has lost faith in progressive taxation as a basis for social justice. With these as the principal democratic options, nativist parties prosper, opposing educational and economic inequality, but only on the basis of tighter national borders. There is a vacancy for parties willing to defend internationalism and redistribution simultaneously.

"Capital and Ideology is an astonishing experiment in social science, one that defies easy comparison. In its ambition, obsessive testimony and sheer oddness, it is closer to the spirit of Karl Ove Knausgård than of Karl Marx. It alternates between sweeping generalities about the nature of justice and the kind of wonkery that one might expect from the Institute for Fiscal Studies, often in the same paragraph. It is occasionally naive (it will bug the hell out of historians and anthropologists) but in a provocative fashion, as if to say: if inequality isn’t justified, why not change it?

What would drive someone to write a book like this? If Piketty has one core political and methodological belief it is in the emancipatory power of public data: that when people are given sufficient evidence about the structures of society, they will insist on greater equality until they are granted it. Amid the distraction and perpetual outrage of our dysfunctional public sphere, this enlightenment confidence in empirics feels beamed in from another age. It also makes for a unique scholarly edifice, which will be impossible to ignore."


My personal observation is that everyone can diagnose the problem (though Piketty does so with evidence that most lack), and some are only too happy to misuse & abuse populism (Brexit is only one of the examples), but no-one can see a sufficient solution. I don't find Piketty's convincing, much as I would like to.

Capital and Ideology
by Thomas Piketty
translated by Arthur Goldhammer
published by Harvard (£31.95).

dspp

jackdaww
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Re: Books on Investment

#285391

Postby jackdaww » February 19th, 2020, 1:36 pm

the naked trader - robbie burns.

one gem - selling at a loss is good for you !!

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Re: Books on Investment

#302521

Postby Malty » April 22nd, 2020, 5:47 pm

Hi I've been hard at it since 2013, got fingers burnt in the dot com and lost my mo joe. So I've been serious since 2013, and to take it seriously, lots of reading and go steady. Stocks with a heavy USA tech interest with some UK shares for balance.
Books I'd flag: (apologies as some of these have been mentioned):
Winning The Losers Game, Charles Ellis
The Most Important Thing Illuminated, Howard Marks
One Up on Wall Street, Peter Lynch
Contrarian Investment Strategies, David Dreman
A Random Walk Down Wall Street, Burton Malkiel
The Sceptical Investor, John Stepek
Free Capital, Guy Thomas
The Motley Fool Investment Guide, David & Tom Gardner

As they say on Motley Fool USA, 'fool on'.

LooseCannon101
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Re: Books on Investment

#329191

Postby LooseCannon101 » July 28th, 2020, 1:16 pm

https://www.lse.ac.uk/lse-player

I have just been listening to a Robert Shiller (Irrational Exhuberance) lecture podcast (click above link - enter name e.g. 'Shiller' in box) recorded at the London School of Economics.

There are lots of extremely interesting and informative lectures on the site by e.g. Nassim Taleb (Black Swan, Fooled by Randomness), Gillian Tett (Fool's Gold,The Silo Effect), Mervyn King (The End of Alchemy), John Kay (The Long and the Short of It, Other People's Money).

The lectures are public events and free - highly recommended. I have been to about a dozen. Usually there is a book signing afterwards.

absolutezero
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Re: Books on Investment

#331775

Postby absolutezero » August 8th, 2020, 5:54 pm

Malty wrote:Free Capital, Guy Thomas



Definitely. A book that I re-read every few years.


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