| View previous topic :: View next topic |
| Author |
Message |
springwater
Joined: 11 Mar 2007
Posts: 268
|
 Posted: Tue Nov 06, 2007 9:05 pm Post subject: Name the Top 5 investment books you've read |
 |
|
| I'm looking for some Christmas gift ideas for some friends. |
|
| Back to top |
|
 |
Laura
Joined: 19 Feb 2007
Posts: 4606
|
| Posted: Tue Nov 06, 2007 9:08 pm Post subject: Reading list |
|
|
springwater,
Almost any book on the Diehards Reading List would be a good option. It really depends on your friends and what type of reading they might enjoy. The Bogleheads’ Guide to Investing is an excellent first choice.
Laura |
|
| Back to top |
|
|
SurgPath
Joined: 26 Aug 2007
Posts: 256
Location: Maine
|
| Posted: Tue Nov 06, 2007 9:11 pm Post subject: |
|
|
The Bogleheads Guide to Investing
A Random Walk Down Wallstreet
Index Mutual Funds: Profiting From an Investment Revolution
The WSJ Guide to Understanding Money and Investing
The Coffee House Investor
Why Smart People Make Big Money Mistakes & How to Correct Them
I've a number of other, but these have been the most helpful for me. |
|
| Back to top |
|
|
grok87
Joined: 27 Feb 2007
Posts: 2814
|
| Posted: Tue Nov 06, 2007 9:13 pm Post subject: Some ideas |
|
|
1) Unconventional Success, David Swensen
2_ Intelligent Asset Allocator, William Bernstein
3) Four Pillars of Investing, William Bernstein
4) The only guide to a winning bonds strategy you'll ever need, Larry Swedroe
5) The Black Swan, Taleb Naassim
cheers
grok |
|
| Back to top |
|
|
oneleaf
Joined: 19 Feb 2007
Posts: 1479
|
| Posted: Tue Nov 06, 2007 9:27 pm Post subject: Re: Some ideas |
|
|
| grok87 wrote: | 1) Unconventional Success, David Swensen
2_ Intelligent Asset Allocator, William Bernstein
3) Four Pillars of Investing, William Bernstein
4) The only guide to a winning bonds strategy you'll ever need, Larry Swedroe
5) The Black Swan, Taleb Naassim
cheers
grok |
This is a great list. I would have probably suggested the same 5 books, replacing black swan with taleb's earlier book since i haven't read the latest. |
|
| Back to top |
|
|
grok87
Joined: 27 Feb 2007
Posts: 2814
|
| Posted: Tue Nov 06, 2007 9:36 pm Post subject: Re: Some ideas |
|
|
| oneleaf wrote: | | grok87 wrote: | 1) Unconventional Success, David Swensen
2_ Intelligent Asset Allocator, William Bernstein
3) Four Pillars of Investing, William Bernstein
4) The only guide to a winning bonds strategy you'll ever need, Larry Swedroe
5) The Black Swan, Taleb Naassim
cheers
grok |
This is a great list. I would have probably suggested the same 5 books, replacing black swan with taleb's earlier book since i haven't read the latest. |
Thanks- Other's have also recommended Taleb's "Fooled by Randomness" (the earlier book) to me, so maybe I'll ask for that for Christmas... |
|
| Back to top |
|
|
GRT2BOUTDOORS
Joined: 05 Apr 2007
Posts: 558
Location: New York
|
| Posted: Tue Nov 06, 2007 9:49 pm Post subject: Re: Name the Top 5 investment books you've read |
|
|
| springwater wrote: | | I'm looking for some Christmas gift ideas for some friends. |
1. Winning the Loser's Game - Charles Ellis
2. The Coffee House Investor - Schultheis
3. The Four Pillars of Investing - William Bernstein
4. The Only Guide to A Winning Investment Strategy (2005 edition)- Larry Swedroe
5. The Intelligent Investor - Benjamin Graham, updated by Jason Zweig
( a lengthy read) |
|
| Back to top |
|
|
bobcat2
Joined: 20 Feb 2007
Posts: 1571
|
| Posted: Tue Nov 06, 2007 9:57 pm Post subject: Investment books |
|
|
1) Finance - Bodie and Merton
2) Investors and Markets - Sharpe
3) Worry-Free Investing - Bodie and Clowes
4) The Four Pillars of Investing - Bernstein
5) Unconventional Success - Swensen
Bob K
_________________
A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents die and a new generation grows up that is familiar with it. |
|
| Back to top |
|
|
Gekko
Joined: 11 May 2007
Posts: 3098
Location: USA
|
| Posted: Tue Nov 06, 2007 9:58 pm Post subject: |
|
|
1. Bogle on Mutual Funds
2. The Wealthy Barber
3. The Only Investment Guide You'll Ever Need (Andrew Tobias)
4. The Millionaire Next Door
5. Die Broke (Pollan, Levine)
IMO, if you're giving the books to friends, I'd keep them light and simple. some of the ones i see mentioned here by others are very complex, esoteric, lengthly, and arcane and may not ever get read beyond the first few pages as a result.
Last edited by Gekko on Tue Nov 06, 2007 10:02 pm; edited 1 time in total |
|
| Back to top |
|
|
asset_chaos
Joined: 27 Feb 2007
Posts: 265
Location: Melbourne
|
| Posted: Tue Nov 06, 2007 10:02 pm Post subject: |
|
|
In alphabetical order
author = "Frank Armstrong",
title = "Investing for the 21st Century",
note = "Freely available online at http://www.investorsolutions.com",
year = "1995"
author = "William J. Berstein",
title = "The Intelligent Asset Allocator",
publisher = "McGraw-Hill",
year = "2001",
author = "John C. Bogle",
title = "Bogle on Mutual Funds: New Perspectives for the
Intelligent Investor",
publisher = "Dell",
year = "1994",
author = "Charles D. Ellis",
title = "Winning the Loser's Game",
publisher = "McGraw-Hill",
year = "1998",
edition = "3rd"
author = "Burton G. Malkiel",
title = "A Random Walk Down Wall Street",
publisher = "Norton",
year = "2004",
edition = "8th"
I'll let others debate "best". These (or earlier editions) have certainly exercised the most influence on me and the way I invest.
_________________
Regards,
Guy |
|
| Back to top |
|
|
asset_chaos
Joined: 27 Feb 2007
Posts: 265
Location: Melbourne
|
| Posted: Tue Nov 06, 2007 10:05 pm Post subject: Re: Name the Top 5 investment books you've read |
|
|
| springwater wrote: | | I'm looking for some Christmas gift ideas for some friends. |
In that case, don't go past Bogle's "Little Book." It's the best, shortest, and most readable introduction to sound investment principles around.
_________________
Regards,
Guy |
|
| Back to top |
|
|
cudaman
Joined: 28 Feb 2007
Posts: 283
|
| Posted: Tue Nov 06, 2007 10:07 pm Post subject: |
|
|
| Don't forget "All About Asset Allocation" by Rick Ferri. Excellent! |
|
| Back to top |
|
|
bob90245
Joined: 19 Feb 2007
Posts: 3616
|
| Posted: Tue Nov 06, 2007 10:23 pm Post subject: Re: Name the Top 5 investment books you've read |
|
|
| springwater wrote: | | I'm looking for some Christmas gift ideas for some friends. |
It depends on their familiarity with investing. Novice? Already knows the basics? Experienced?
For the novice, I would recommend Straight Talk on Investing by Jack Brennan.
For the someone who already knows the basics, I would recommend The Only Guide to a Winning Investment Strategy You'll Ever Need by Larry Swedroe.
For the experienced investor, I would point them to the reading material on my website:
Withdrawal Strategies: Articles and More |
|
| Back to top |
|
|
larryswedroe
Joined: 22 Feb 2007
Posts: 5368
Location: St Louis MO
|
| Posted: Tue Nov 06, 2007 10:26 pm Post subject: |
|
|
Not counting mine of course ( )
Peter Bernstein, Capital Ideas and Against the Gods.
William Bernstein, The Four Pillars of Investing.
Charles Ellis, Winning the Loser’s Game.
Nassim Nicholas Taleb, Fooled by Randomness. |
|
| Back to top |
|
|
market timer
Joined: 21 Aug 2007
Posts: 2729
Location: NYC
|
| Posted: Tue Nov 06, 2007 10:36 pm Post subject: |
|
|
Everyone has given good suggestions. I particularly enjoyed the Peter Bernstein books. I'll add the following:
Fortune's Formula
When Genius Failed
Options as a Strategic Investment |
|
| Back to top |
|
|
Warner
Joined: 19 Apr 2007
Posts: 185
|
| Posted: Tue Nov 06, 2007 10:36 pm Post subject: |
|
|
| Two classics - A Random Walk Down Wall Street (1973) and The Only Investment Guide You'll Ever Need (1978). |
|
| Back to top |
|
|
rich
Joined: 16 Mar 2007
Posts: 902
|
| Posted: Tue Nov 06, 2007 10:56 pm Post subject: |
|
|
1. Unconventional Success
2. Fooled by Randomness
3. A Random Walk Down Wall Street
4. Bogleheads Guide to Investing
5. Rational Investing in Irrational Times
_________________
Best regards,
Rich |
|
| Back to top |
|
|
Vinny72
Joined: 06 Nov 2007
Posts: 26
|
| Posted: Tue Nov 06, 2007 11:12 pm Post subject: |
|
|
I definately suggest-
The Richest Man in Babylon
It is a quick read and very inspiring. Wisdom for the ages! |
|
| Back to top |
|
|
SamB
Joined: 12 Mar 2007
Posts: 265
|
| Posted: Tue Nov 06, 2007 11:28 pm Post subject: Top 5 |
|
|
1. Investments by Bodie, Kane, and Marcus
2. Random Walk by Malkiel
3. Common Sense on Mutual Funds by Bogle
4. Four Pillars of Investing by William Bernstein
5. Against the Gods by Peter Bernstein
The last one is not really an investment book, but you need some historical perspective.
Sam |
|
| Back to top |
|
|
david99
Joined: 03 Mar 2007
Posts: 91
|
| Posted: Wed Nov 07, 2007 7:29 am Post subject: |
|
|
Two books that I haven't seen mentioned are:
The Bond Book by Annete Thau
Stocks for the Long Run by Jeremy Siegel
I recently read The Bond Book and I thought it was excellent. Stocks for the Long Run gives a good historical perspective |
|
| Back to top |
|
|
VictoriaF
Joined: 27 Feb 2007
Posts: 2467
Location: Arlington, VA
|
| Posted: Wed Nov 07, 2007 8:56 am Post subject: |
|
|
If I responded earlier, I probably would have had something like grok's list. But now I have an opportunity to add another five:
Jason Zweig "Your money and your brain"
Tyler Cowen "Your inner economist"
Tim Harford "Undercover economist"
"Freakonomics"
Dan Gilbert "Stumbling on happiness"
Victoria |
|
| Back to top |
|
|
joelesposito
Joined: 21 Sep 2007
Posts: 138
|
| Posted: Wed Nov 07, 2007 11:16 am Post subject: |
|
|
Lots of good ones already.
Add Millionare nextdoor (not really a how to but good philospohy)What about Roger Gibbson's book? I don't see that recomended here too often? |
|
| Back to top |
|
|
modal
Joined: 20 Feb 2007
Posts: 1032
Location: USA
|
| Posted: Wed Nov 07, 2007 12:05 pm Post subject: |
|
|
1. Holy Bible
2. Richest Man in Babylon
3. One of Swedroe's books
4. Way to Wealth
5. Millionaire Next Door
(6. Your Money or Your Life)
Just off the top of my head... probably some better ones if I let my mine brew for a bit |
|
| Back to top |
|
|
wearethefall
Joined: 29 Jul 2007
Posts: 157
|
| Posted: Wed Nov 07, 2007 2:25 pm Post subject: |
|
|
| I enjoyed Siegel's other book: the future for investors |
|
| Back to top |
|
|
mazzy78
Joined: 08 Nov 2007
Posts: 7
|
| Posted: Thu Nov 08, 2007 6:35 am Post subject: Re: Some ideas |
|
|
| oneleaf wrote: | | grok87 wrote: | 1) Unconventional Success, David Swensen
2_ Intelligent Asset Allocator, William Bernstein
3) Four Pillars of Investing, William Bernstein
4) The only guide to a winning bonds strategy you'll ever need, Larry Swedroe
5) The Black Swan, Taleb Naassim
cheers
grok |
This is a great list. I would have probably suggested the same 5 books, replacing black swan with taleb's earlier book since i haven't read the latest. |
i agree, i think "Four Pullars to investing" is the only one there im yet to read, i shall have to look into that. |
|
| Back to top |
|
|
gkaplan
Joined: 03 Mar 2007
Posts: 1422
Location: Ventura, California
|
| Posted: Thu Nov 08, 2007 9:13 am Post subject: |
|
|
I wouldn't be able to limit myself to just five.
_________________
Gordon |
|
| Back to top |
|
|
Robert T
Joined: 27 Feb 2007
Posts: 1281
Location: 1, 0.2, 0.4, 0.5
|
|
| Back to top |
|
|
Sunny Sarkar
Joined: 02 Mar 2007
Posts: 1207
Location: Dallas-Ft.Worth
|
| Posted: Thu Nov 08, 2007 8:01 pm Post subject: Re: Name the Top 5 investment books you've read |
|
|
| springwater wrote: | Name the Top 5 investment books you've read
I'm looking for some Christmas gift ideas for some friends. |
* Bogle on Mutual Funds (classic!)
* A Random Walk down Wall Street (classic!)
* Why Smart People Make Big Money Mistakes - Gary Belsky (should be everyone's second book after reading one on the basics of indexing IMO)
* Personal Finance For Dummies - Eric Tyson (because net worth depends on so many other things besides just investing)
* The Coffeehouse Investor (Great short read, ideal xmas gift)
Can't exclude...
* The Intelligent Asset Allocator (whoever stole my copy must be rich by now ) |
|
| Back to top |
|
|
|
Wiki
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
