DRS Posted January 4, 2006 Share Posted January 4, 2006 Hello. Off on my hols in a few weeks time. Rather than read the usual paperback trash would like to try a 'must read' investment book. Any ideas welcome Quote Link to comment Share on other sites More sharing options...
Golden Shower Posted January 5, 2006 Share Posted January 5, 2006 Try get something on investment psychology. You'll probably learn more than reading stuff on TA etc. All IMO of course. Have a good holiday. Quote Link to comment Share on other sites More sharing options...
ShirtyTheSlightlyAggresiveBear Posted January 5, 2006 Share Posted January 5, 2006 If you havent read them, try the first 2 rich dad poor dad books for some general inspirational stuff (make your money work for you not the other way around etc..) Warning though, there is a definite cultish aspect and glossing over on details in his books. At least anyway they will give you an insight into the almost single track minded obsession with flipping property, it just seems most people ignore what the book says about non-property investing(classed as advanced investment) and leaves it alone. Other than that, the Alvin Hall investing in shares one is not too bad. Plenty of other introductory ones around as well. Should be able to pick them up off ebay I suspect cheaply. Good luck! Quote Link to comment Share on other sites More sharing options...
DRS Posted January 5, 2006 Author Share Posted January 5, 2006 Thanks for the input so far. I'm a bit suprised that no one has any other suggestions Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted January 5, 2006 Share Posted January 5, 2006 (edited) Thanks for the input so far. I'm a bit suprised that no one has any other suggestions heres a few empire of debt financial reckoning day the dollar crisis and why its great for your investments conquer the crash buy to let bible if you are gonna read just one i would say empire of debt - but dont expect to see any hot share tips in it. i did once try and start a thread where people could recommend books but that didnt get much response though thanks to durch though recommending conquer the crash Edited January 5, 2006 by lowrentyieldmakessense(honest!) Quote Link to comment Share on other sites More sharing options...
Footsie Posted January 5, 2006 Share Posted January 5, 2006 DRS I would recommend The Intelligent Investor by Benjamin Graham. Warren Buffet says this is the best book ever written about investing. Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted January 5, 2006 Share Posted January 5, 2006 DRS I would recommend The Intelligent Investor by Benjamin Graham. Warren Buffet says this is the best book ever written about investing. may be but its pretty tough going Quote Link to comment Share on other sites More sharing options...
BandWagon Posted January 5, 2006 Share Posted January 5, 2006 (edited) Yep, I agree, "The Intelligent Investor" is hardly a pleasant holiday read. If you do read the book chapter 8 is an eye opener, probably the most important, and explains the essence of being contrarian. But tough going generally. If you want a great book on investing have a read of Peter Lynch's "One Up On Wall Street", easy to read, amusing and it shows the financial markets for what they are (full of charlatans), and how to beat them. "You want to invest in a company that's so simple to run, that any idiot can run it, because invariably someday any idiot will." Edited January 5, 2006 by BandWagon Quote Link to comment Share on other sites More sharing options...
Plastic Elastic Posted January 6, 2006 Share Posted January 6, 2006 Has anybody read Alexander Elder's books (Trading for a Living, Come into my Trading Room)? I still haven't finished the first one, but found the psychology element quite impressive. Quote Link to comment Share on other sites More sharing options...
Portent Posted January 6, 2006 Share Posted January 6, 2006 I found this book: Market Panic to be an interesting read. It's about the psychology of people and how they react. Quote Link to comment Share on other sites More sharing options...
DRS Posted January 7, 2006 Author Share Posted January 7, 2006 (edited) Thank you. I'm not after share tips, but something that explains investment in general especially the basics of shares, commodities, gilts, bonds, CFDs. What drives things to go up and down. How to analyse a stock or commodity.The effects of dollar/inflation. Basic chartist stuff. Would also like some history of previous bull and bear runs. Would any one book perhaps fit the bill? Many thanks Edited January 7, 2006 by DRS Quote Link to comment Share on other sites More sharing options...
Guest muttley Posted January 7, 2006 Share Posted January 7, 2006 "Beating the Street" by Peter Lynch. "Easy Money" James Cramer. Both are easy to read and informative. Quote Link to comment Share on other sites More sharing options...
jonpo Posted January 7, 2006 Share Posted January 7, 2006 Hello. Off on my hols in a few weeks time. Rather than read the usual paperback trash would like to try a 'must read' investment book. Any ideas welcome I have only ever read 2 books on investing that have ever been worth the read 1.Reminices of a stock operator - Edward Lefevere http://www.amazon.com/gp/product/047105970...glance&n=283155 read the reviews - this book is the bible of investment literature literally If you read one book on markets this should be it! 2. The art of War - Sun Tzu all markets are clearly a war between bulls and bears, without strategy and tactics how can you possibly win ? read and learn Quote Link to comment Share on other sites More sharing options...
DRS Posted January 8, 2006 Author Share Posted January 8, 2006 Many thanks. Interesting comment re Art of War. I've been meaning to read that for years as I love the quotes I've heard from it. So that will defo be one. Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted January 8, 2006 Share Posted January 8, 2006 Thank you. I'm not after share tips, but something that explains investment in general especially the basics of shares, commodities, gilts, bonds, CFDs. What drives things to go up and down. How to analyse a stock or commodity.The effects of dollar/inflation. Basic chartist stuff. Would also like some history of previous bull and bear runs. Would any one book perhaps fit the bill? Many thanks i don't think there is i havent read peter lynch - i will add it to my list. commodities - jim rogers hot commodities. out of all the ones i have read and for this moment in time - Empire of Debt. Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted January 8, 2006 Share Posted January 8, 2006 is it just me or does anyone else think this thread should be pinned Quote Link to comment Share on other sites More sharing options...
Guest muttley Posted January 8, 2006 Share Posted January 8, 2006 DRS I would recommend The Intelligent Investor by Benjamin Graham. Warren Buffet says this is the best book ever written about investing. Buffet also recommends "Common Stocks and Uncommon Profits" by Philip Fisher.Buffet describes his investment style as 85% Graham and 15% Fisher. I haven't read either book,which makes me 0% Buffet. Quote Link to comment Share on other sites More sharing options...
Van Posted January 8, 2006 Share Posted January 8, 2006 Taken from Investors Chronicle: Top ten investment books for 2006: INVESTORS 1. The Intelligent Investor - Benjamin Graham 2. Common Stocks and Uncommon Profits - by Philip Fisher 3. One Up on Wall Street - Peter Lynch ACTIVE INVESTORS 4. How I Made $2,000,000 in the Stock Market - Nicolas Darvas 5. Reminiscences of a Stock Operator - Edwin Lefevre 6. How to Make Money in Stocks - William O'Neil TRADERS 7. Trading in the Zone - Mark Douglas 8. Technical Analysis of Stock Trends - Robert Edwards and John Magee 9. Market Wizards: Interviews with Top Traders - Jack Schwager 10. Trade Your Way to Financial Freedom - Van Tharp I have read 1, 2, 3, 5 & 9. 2 & 3 & 5 are great reads. 1 is very important. Read them all and you will see that there are a million ways to lose or make money on the stock market. Personally I would stick to books on investing and avoid trading altogether. No matter how good the book is, you are likely to lose money when trading because the odds are overwhelmingly stacked against you. Quote Link to comment Share on other sites More sharing options...
DRS Posted January 8, 2006 Author Share Posted January 8, 2006 Thank you for all the input so far. What exactly is the difference between an investor and active investor? Quote Link to comment Share on other sites More sharing options...
malco Posted January 9, 2006 Share Posted January 9, 2006 Hello. Off on my hols in a few weeks time. Rather than read the usual paperback trash would like to try a 'must read' investment book. Any ideas welcome What about "When the semen explodes" by DRS? Quote Link to comment Share on other sites More sharing options...
debtfree Posted January 9, 2006 Share Posted January 9, 2006 The SOVEREIGN INDIVIDUAL: MASTERING THE TRANSITION TO THE INFORMATION AGE http://www.amazon.com/gp/product/068483272...glance&n=283155 Quote Link to comment Share on other sites More sharing options...
DRS Posted January 9, 2006 Author Share Posted January 9, 2006 What about "When the semen explodes" by DRS? It has exploded!! Have you not seen the prices these days? The recent laws now allowing the children born from donated semen to trace the donor mean supply has dried up, hence pushing up prices and and value of companies with large stocks. Malco, I would advise you to get into semen ASAP, but suspect you are already into it in many ways. Quote Link to comment Share on other sites More sharing options...
Adam Posted January 9, 2006 Share Posted January 9, 2006 Hello. Off on my hols in a few weeks time. Rather than read the usual paperback trash would like to try a 'must read' investment book. Any ideas welcome Subscribe to moneyweek. I recommend it. Quote Link to comment Share on other sites More sharing options...
DRS Posted January 9, 2006 Author Share Posted January 9, 2006 Subscribe to moneyweek. I recommend it. Thanks. I was thinking of doing that, as well as Investors Chronicle Quote Link to comment Share on other sites More sharing options...
malco Posted January 9, 2006 Share Posted January 9, 2006 It has exploded!! Have you not seen the prices these days? The recent laws now allowing the children born from donated semen to trace the donor mean supply has dried up, hence pushing up prices and and value of companies with large stocks. Malco, I would advise you to get into semen ASAP, but suspect you are already into it in many ways. Would you recommend physical semen, or eSemen? Which do you think is best in a "crisis"? Quote Link to comment Share on other sites More sharing options...
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