I‘ve read a few dosen value investing books and would advise to read Richer, Wiser, Happier by William Green. It has a bit of a sketchy title but is actually a

I‘ve read a few dosen value investing books and would advise to read Richer, Wiser, Happier by William Green. It has a bit of a sketchy title but is actually a very good summary. The takeaway is: if you are as dedicated as these value investors and want to pick stocks then go and pick stocks, but for most people index funds are probably the way to go. The book also talks a bit about philanthropy. Most importantly it talks about the mindset that you need for good financial planning. A very long-term and patient mindset. People who prefer to spend more than they own, for example, will not be suited for investing since they typically can’t wait long enough.