Recommended Readings

My favorite investing book is You Can Be a Stock Market Genius by Joel Greenblatt. Greenblatt managed a fund (Quantum Capital) during a 10 year period during the late 1980s and 1990s that returned an astonishing 50% per year. Although the title is silly, this book is more informative than any other investing book I have ever read. The book deals with special situations such as spin-offs, bankruptcies, etc… where an individual investor with research and logic can make a lot of money. The book is written so well that it reads more like a novel than an investing guide. It contains numerous real life case scenarios that really teach how to apply the ideas of value investing. I highly recommend this book.

Another book that I highly recommend is Buffett, The Making of an American Capitalist by Roger Lowenstein. This book illustrates Buffett’s intellect, character and most importantly, his singular belief in himself. It also has his thinking behind some of his greatest investments including American Express, Washington Post and Coca Cola.

The classic book that all investors should read is Intelligent Investor by Benjamin Graham (Buffett’s mentor). Although this book is was originally publish over 50 years ago, its ideas are still very much relevant today. This book is not an easy read, but lays out the philosophy of value investing very well.