Drobny, Steven – The Invisible Hands

John Wiley & Sons, 2010, [Finance] Grade 4

The hedge fund advisor Steven Drobny had a huge international success with the book Inside the House of Money where he in a very easy going way interviews a number of high profile macro hedge fund managers on topics such as how they got into the business, their processes and beliefs. Perhaps because I am not...  Further reading...  Link to Amazon...

Measor, Tony – Successful Value Investing In Asia

Wold Scientific Publishing, 2007, [Equity Investing] Grade 3

As a former stock broker, fund manager, private investor and writer of investment columns, Tony Measor have more than half a century of experience from investing in Asia with apparently highly enviable results. Few would appear more qualified to explain the mysteries of...  Further reading...  Link to Amazon...

Kelly, Michael & Teufel, Andrew S. – Fisher Investments on Health Care

John Wiley & Sons, 2011, [Equity Investing] Grade 3

The towering giant behind this book is Ken Fisher, son of investment legend Philip Fisher and one of the world’s premier GARP-investors. Fisher and his investment firm analysts have the last few years been publishing guides on how to invest in all the...  Further reading...  Link to Amazon...

Ellis, Charles D. – Investment Policy: How to Win the Loser’s Game (2nd edition)

Business One Irwin, 1993, [Finance] Grade 5

This is one of the books that actually changed the world - well the investment world at least. Starting in the 1950’s, Harry Markowitz and others in academia developed what later became modern portfolio theory (MPT). The thing was that the investment industry didn’t really pick up on these novelties. That is, not until...  Further reading...  Link to Amazon...

Walter, Carl E. & Howie, Fraser J.T. – Value – Red Capitalism

John Wiley & Sons, 2011, [Business] Grade 4

Very few westerners have worked in the Chinese financial sector for twenty years. The two writers of Red Capitalism both have. Being residents of Beijing and Hong Kong they have managed Chinese investment banks, worked in investment firms and played roles in...  Further reading...  Link to Amazon...

Koller, Tim, Dobbs, Richard & Huyett, Bill – Value – The Four Cornerstones of Corporate Finance

John Wiley & Sons, 2011, [Business] Grade 4

More than twenty years ago McKinsey & Company published the book Valuation. It became the de facto required reading for the coming generations of aspiring young equity analysts and portfolio managers struggling to master the craft of performing a...  Further reading...  Link to Amazon...

Marks, Howard – The Most Important Thing

Columbia University Press, 2011, [Finance] Grade 5

Wisdom and wit, that’s what you get when one of the most seasoned investors receives decades of writing practice before he publishes his first book. Howard Marks is the founder of Oaktree Capital Management which for 30 years been a hugely successful investor in...  Further reading... Link to Amazon...