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Finance books should I read?

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9/18/12 9:52 AM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
LeftBench 47 Member Since: 8/5/02 Posts: 9178	I just finished "Rich Dad, Poor Dad" and enjoyed it. Now I'm currently reading "The Wealthy Barber" and so far it seems good. Picked up some good ideas from both books so far. What are some "Must-reads" in the money world? Thanks

9/27/12 1:36 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
LeftBench 47 Member Since: 8/5/02 Posts: 9207	Wes, I finished it a few days ago and really enjoyed it. I'm thinking about picking up the Wealthy Barber 2nd book. Hopefully it has some good stuff in it. ttt for anyone else to suggest some good finance books. Thanks. You have ignored this user.

9/27/12 6:18 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Seth Member Since: 5/30/06 Posts: 2091	"Automatic Millionaire." It is not cheesy like the title sounds. It covers the basics of what every person should be already doing, but the majority probably don't. Goes over things like setting up automatic savings, making sure you are maxing out your 401k etc. It's an easy read I suggest you pick it up. You have ignored this user.

9/27/12 7:01 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
LeftBench 47 Member Since: 8/5/02 Posts: 9210	Seth: Thanks, I will give it a shot! You have ignored this user.

9/28/12 2:19 PM

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Joe Ray

Member Since: 8/24/00
Posts: 60937

Intelligent Investor - Ben Graham

Reminiscences of a Stock Operator - Jesse Livemore

Also verse yourself in the investing styles of the world's greatest investors and traders. Such as Buffett, Soros, Lynch, Templeton, Griffin, Dalio etc.

And read books that cover the various investing styles: value investing, growth investing, macro investing, quantitative trading etc.

A very important thing is to find your own style of investing. All the best investors develop their own style based on their own personality and attributes and they work hard to make it work for them.

9/28/12 3:14 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
LeftBench 47 Member Since: 8/5/02 Posts: 9211	Thanks for the info Joe Ray! You have ignored this user.

9/29/12 6:43 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
OneScoup Member Since: 4/18/02 Posts: 20984	Depending on how you spend your money, The Millionaire Next Door is an enlightening read. You have ignored this user.

10/4/12 2:32 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Siciliano 5 Member Since: 10/2/04 Posts: 1299	RDPD Adviser - Mike Maloney on Investing in Gold and Silver Think and Grow Rich - Napoleon Hill Creature of Jekyll Island - for you to understand that today's money = debt. You have ignored this user.

10/8/12 12:08 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
LeftBench 47 Member Since: 8/5/02 Posts: 9220	Thanks! You have ignored this user.

10/11/12 7:01 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
LeftBench 47 Member Since: 8/5/02 Posts: 9225	Wondering if anyone has read "The Wealthy Barber Returns" and if it's any good? Thanks You have ignored this user.

10/14/12 7:29 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
justin@gosscpa.com 9 Member Since: 2/24/03 Posts: 1499 Justin Goss, CPA, MSA	Since you've already read some great books, maybe some personal finance classes on iTunes University or Coursera are something you may enjoy. They're free and generally from great universities. You have ignored this user.

11/14/12 12:37 AM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Your Arsonist 1 Member Since: 1/8/06 Posts: 1257	Ttt You have ignored this user.

11/14/12 9:21 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
salyer36 11 Member Since: 11/3/02 Posts: 2074	I second the Intelligent Investor for investing. You have ignored this user.

11/26/12 8:24 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Mr Whitley 1 Member Since: 3/20/11 Posts: 23	The Millionaire Mind You have ignored this user.

11/30/12 5:19 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
justin@gosscpa.com 9 Member Since: 2/24/03 Posts: 1508 Justin Goss, CPA, MSA	"Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" by Joseph Piotroski. Only 42 pages, available for free, and simple strategy to implement. http://www.chicagobooth.edu/faculty/selectedpapers/sp84.pdf You have ignored this user.

11/30/12 6:43 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
salyer36 11 Member Since: 11/3/02 Posts: 2088	justin@gosscpa.com - "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" by Joseph Piotroski. Only 42 pages, available for free, and simple strategy to implement. http://www.chicagobooth.edu/faculty/selectedpapers/sp84.pdf That sounds interesting. Will read. You have ignored this user.

12/2/12 7:01 PM

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justin@gosscpa.com 9 The total sum of your votes up and votes down

Member Since: 2/24/03
Posts: 1509
Justin Goss, CPA, MSA

salyer36 -
justin@gosscpa.com - "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" by Joseph Piotroski. Only 42 pages, available for free, and simple strategy to implement.

http://www.chicagobooth.edu/faculty/selectedpapers/sp84.pdf

That sounds interesting. Will read.

You'll have a hard time finding stocks that meet all 9 criteria and in the lowest 20% of book-to-market, but you can relax the criteria to 7 of 9 and still achieve alpha.

12/2/12 7:37 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
salyer36 11 Member Since: 11/3/02 Posts: 2089	I have a similar approach when applying the principals from "the Intelligent Investor"- I look for stocks that meet say 5 of the 7 criteria because you very, very rarely find stocks that meet all of them. You have ignored this user.

12/3/12 5:12 PM

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justin@gosscpa.com 9 The total sum of your votes up and votes down

Member Since: 2/24/03
Posts: 1510
Justin Goss, CPA, MSA

salyer36 - I have a similar approach when applying the principals from "the Intelligent Investor"- I look for stocks that meet say 5 of the 7 criteria because you very, very rarely find stocks that meet all of them.

Would you mind schooling me on Graham's criteria and which you use? I would like to backtest the criteria, but the only thing I know of Graham is "margin of safety."

12/14/12 4:23 PM

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myersei 29 The total sum of your votes up and votes down

Member Since: 4/13/12
Posts: 633

You should have a copy of "Options, Futures, and Other Derivitive Securities" by John C. Hull. Now in it's 5th edition i believe, it's a must own.

"The Next 100 years" by George Friedman. It's about geopolitics but gives you a lot of insight on how the global economic climate and global politics work.

"Liars Poker" by Michael Lewis is one of the most entertaining books about Wall Street I've ever read.

12/16/12 7:47 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
nobadanymore 209 Member Since: 6/17/11 Posts: 2620	sub You have ignored this user.

1/7/13 5:38 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Palmala Handerson 18 Member Since: 8/20/02 Posts: 9411	nobadanymore - sub You have ignored this user.

2/5/13 7:35 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
salyer36 11 Member Since: 11/3/02 Posts: 2154	Justin: I didn't forget about you. Been busy. This links sums it up pretty good: http://www.serenitystocks.com/criteria You have ignored this user.

2/5/13 8:52 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
salyer36 11 Member Since: 11/3/02 Posts: 2155	Its awesome if you are into value/defensive investing. Being that you read "The Wealthy Barber," it should be of use to you. You have ignored this user.

2/5/13 9:10 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Twelve Gage 4 Member Since: 5/5/11 Posts: 285 Fightlogs.com, Owner	Wes_Mantooth - salyer36 - Justin: I didn't forget about you. Been busy. This links sums it up pretty good: http://www.serenitystocks.com/criteria Interesting link Voted up Slayer! That is a pretty cool site. Thank you. You have ignored this user.

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