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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: AnthonyD who wrote (43404)	7/19/2011 4:41:20 AM
From: Paul Senior	1 Recommendation Read Replies (3) \| Respond to of 78644

AnthonyD. Here's a list of books I currently have on my shelf that I'm slowly going through: Outsmarting the Smart Money, Cunningham, 2002 A Mathematician Plays the Stock Market, Paulos. 2003. Taking me seemingly forever to get myself to read through this. What Investors Really Want, Statman, 2011. One of the few stock market books I bought at full price. (If I buy at all, I almost always buy them used.) Pretty eye-opening book if you believe the only reason people buy stocks is to make money. Money Wise: How to Create, Grow, and Preserve Your Wealth, Lipper, 2008. I find it boring and for me, a slow read. John Neff on Investing, Neff, 2009. Too much of an autobiography. Another slow go for me. Getting Started in Options, Thomsett. Really not significant to me: I avoid using options. --------------------------------- Just getting started in Value Investing? Then: My most valuable, most annotated book is Intelligent Investing. Suggestion: Go to Tweedy Browne website and order free copy of "What Works on Wall Street" I like Al Frank's New Prudent Speculator, by Frank. I've found his pillars of "PASADARM" - patience, selection, diversification, risk management, to be important. Spooner's stock market books are good. I've liked, "Do you Want to Make Money or Would You Rather Fool Around." His "Confessions of a Stockbroker" was popular in its day. I have Marty Whitman's "Value Investing, A Balanced Approach". Another where for me the effort to get through it exceeds the nuggets that I got. A Thousand Miles from Wall Street, Tony Gray, 1995. Easy and fun read. I learned a lot. I sometimes reread sections when I need some encouragement. I've more I could mention, but enough from me for now. I'll let others comment about the Train books and the popular Greenblatt books, and the classic Peter Lynch books. I assume most value investors have these on their bookshelves or have read them. You likely can get reviews about all of these books from people who commented on them at Amazon.

To: AnthonyD who wrote (43404)	7/19/2011 7:47:38 AM
From: Dan Meleney	Read Replies (2) \| Respond to of 78644

If you can borrow one, I'd recommend: Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor Seth A. Klarman (Author) It is out of print and the used price is $750+, but you should be able to find a copy somewhere. It shouldn't be your first book on investing, but maybe your third or fourth so you'll understand the terms better. It is an easy and insightful read.

To: AnthonyD who wrote (43404)	7/20/2011 9:12:21 PM
From: Shane M	Respond to of 78644

Anthony, Buffettology is one my favorite investing books. I also recently read "Market Wizards" by Jack Schwager and found it inspiring. It's not so much an investing book as profiles of successful traders/investors. I found it very useful to help me generate new ideas. It's very easy to become ideological when investing - and it's useful to see all the varied approaches and outlooks many others use when approaching the market. While there's not much to his book - very quick read - the Greenblatt approach has been influential on me also.

To: AnthonyD who wrote (43404)	7/20/2011 9:31:53 PM
From: armi	Read Replies (1) \| Respond to of 78644

Before reading anything, I would suggest one have an open and naivee mind so the books will help more. Intelligent Investor is a must read if you don't want to read Security Analysis. Even if you just read summaries online. F Wall Street teaches some interesting ideas. Common Stocks and Uncommon Profits is really important although it may be pretty boring. Once you have read all 3, you're good to go on the stock market. Just continue to research and have reasons to purchase what you are purchasing and don't buy things blindly.