John Wiley & Sons, 2011, [Equity Investing] Grade 3
This is a book with the dual purpose of on the one hand teaching aspiring small-cap portfolio managers how to set up shop and on the other hand giving institutional investors a better feel of what to look for when performing due diligence of small-cap managers. In respect to this aim... Further reading... Link to Amazon...
Wiley Finance, 2000, [Equity Investing] Grade 4
The starting point for this Jim Ware’s first out of currently three books is the observation that very few portfolio managers continuously manage to beat their benchmarks and that the standard solution to this problem is to do “more of the same”, only with more energy. The... Further reading... Link to Amazon...
Wiley&Sons, 2015 [Equity Investing], Grade 4
Trying to elbow oneself into the latest unicorn-celebration in Silicon Valley is a mean feat. But it pales in comparison to the task at hand for the authors of DYI Financial Advisor – achieving tenure in the Advice For The Individual Investor-section of the bookstore. However, we believe... Further reading... Link to Amazon...
Harriman House, 2015, [Equity Investing] Grade 5
I’m a terrible snob when it comes to investment literature. Books written for private investors rarely interest me. This is different. This might be the most important book on investments that a private investor can read – if he can gather the discipline to follow the advice. It might actually... Further reading... Link to Amazon...
McGraw Hill, 2013, [Equity Investing] Grade 4
If your portfolio looses 50 percent of its value it needs to recover 100 percent to reach the same spot. If you can avoid a fair number of the worst performers in the stock market you will have a good chance to outperform. One way to avoid some of the holdings that kill performance is to... Further reading... Link to Amazon...
John Wiley & Sons, 2006, [Equity Investing] Grade 4
During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. Joel Greenblatt’s The Little Book That Beats the Market had an immediate and vast impact when it was published in 2006. Greenblatt is through his hedge fund Gotham Capital and later ventures clearly one of the most successful... Further reading... Link to Amazon...
Cypress House, 2005, [Equity Investing] Grade 4
During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. Ed Easterling shows that by taking a step back and getting a better overview the investor gains an understanding of secular market... Further reading... Link to Amazon...
Simon & Schuster, 1993, [Equity Investing] Grade 4
During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. The legendary fund manager Peter Lynch wrote his classic One Up On Wall Street while still managing the Magellan Fund at Fidelity. This... Further reading... Link to Amazon...
Simon & Shuster, 1998, [Equity Investing] Grade 4
During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. Canadian born value investor David Dreman founded New Jersey based Dreman Value Management in 1977 after having served as... Further reading... Link to Amazon...
Orion, 1992, [Equity Investing] Grade 4
During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. First out is Jim Slater’s The Zulu Principle written to his son who had shown an interest in investing. The book is seen as growth investing... Further reading... Link to Amazon...
2015 (2nd ed), [Equity Investing] Grade 3
Standing on the shoulder of investment giants, equity analyst Richard Rockwoood has written a book with the sub-title Taking a Multidisciplinary Approach to Focus Investing alluding to Charlie Munger’s concept of a Latticework of Mental Models. The latticework metaphor was used in a... Further reading... Link to Amazon...
Palgrave Macmillan, 2015, [Equity Investing] Grade 4
Dead Companies Walking is something of a biography of an investment career stretching more than 30 years, primarily in the U.S. small/mid cap market and over 20 years of running a hedge fund. During his career, Scott Fearon has had particular success with finding businesses that... Further reading... Link to Amazon...
John Wiley & Sons, 2013, [Equity Investing] Grade 3
Most For-Dummies-books will take you far beyond the dummy level. This one is no exception. Nick Hodge is an author of multiple books on energy investing and also one of the editors of the energy-investing site Energy & Capital. Several of the other editors have helped out writing... Further reading... Link to Amazon...
BAM Alliance Press, 2015 [Equity Investing] Grade 2
The Incredible Shrinking Alpha´s core purpose is to show that active management is futile and as “alpha has become beta” those futile odds have been lowered even more compared to the 1950s. One of the authors, Larry Swedroe is a well-known proponent of investing in ETFs, while Mr... Further reading... Link to Amazon...
Wiley Finance, 2014 [Equity Investing] Grade 4
Hopefully this book can do for corporate culture and creating value what William Thorndike’s Outsiders did for share buybacks and “value creation”. For those of you with a high degree of Warren Buffett-nausea, please keep reading! If Larry Cunningham’s The Essays of Warren... Further reading... Link to Amazon...
Columbia University Press, 2014, [Equity Investing] Grade 4
This book wants to be taken seriously – and it should. The ambition is grand and the author is innovative. Nick Gogerty could perhaps easiest be described as a serial entrepreneur within technology and finance. He’s a private strategist working for leading hedge funds, banks and... Further reading... Link to Amazon...
John Wiley & Sons, 2013, [Equity Investing] Grade 4
This Book is not like anyone you have read before. Mark Spitznagel builds a mosaic of philosophy, history, economics, military strategy, psychology and more to end up with a loose framework for equity investing that could serve as a practical sequel to Nassim N. Taleb’s Antifragile. Indeed... Further reading... Link to Amazon...
Allen Lane, 2014, [Equity Investing] Grade 4
It is usually the sign of a good book if it ignites heated debate between its detractors and its supporters. Equally, it is the sign of a good book if it was written by Michael Lewis. This book delivers superbly on all promises. Lewis, who needs no introduction after smash hits such as... Further reading... Link to Amazon...
Wiley, 2003, [Equity Investing] Grade 3
Reading Financial Fine Print takes me down memory lane to the early noughties when this reviewer – deemed “a sceptic and perma-bear” – created several “Black Lists” consisting of companies with multiple red flags in minefields like pension debt, option schemes, goodwill... Further reading... Link to Amazon...
The MIT Press, 2000, [Equity Investing] Grade 3
A central guidepost of finance is that an investor that is better informed than the others can generate returns higher than the less knowledgeable. The investor with the ultimate level of corporate specific knowledge is the corporate insider. The objective of this book is to determine... Further reading... Link to Amazon...
