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Some books that I read and found useful. These are mostly older books that have withstood numerous market cycles. Even if you decide to branch out, these are a
by TreyS 5y ago
Some books that I read and found useful. These are mostly older books that have withstood numerous market cycles. Even if you decide to branch out, these are a good base to start from.
1. “Random Walk Down Wall Street” to understand index funds and why they generally outperform.
2. “Common Stocks and Uncommon Profits” for a general understanding of how to choose stocks (and companies) for the long-term
3. “The Intelligent Investor” for understanding the some of the human challenges of investing.
If you’re short on time and don’t want to make this a hobby, read #1.
- throw0101a 5y ago> 1. “Random Walk Down Wall Street” to understand index funds and why they generally outperform. Some of the simple logic/arithmetic behind passive funds versus active funds: * https://web.stanford.edu/~wfsharpe/art/active/active.htm https://web.stanford.edu/~wfsharpe/art/active/active.htm The author has an Economics Nobel: * https://en.wikipedia.org/wiki/William_F._Sharpe https://en.wikipedia.org/wiki/William_F._Sharpe * https://www.nobelprize.org/prizes/economic-sciences/1990/summary/ https://www.nobelprize.org/prizes/economic-sciences/1990/sum...
- DeathArrow 5y ago>If you’re short on time and don’t want to make this a hobby, read #1 I am kind of trying to make it a hobby, that's why I want to learn. Thank you for recommendations!