Read more on Amazon Read my other book notes Rating: Optional Language: English Summary A great book on the philosophy and emotional side of investing and all its nuances. Commentary throughout the book is great too. Not recommended for beginning investors, however, as the concepts and way of writing are quite advanced. Key Takeaways “Experience […]
The Most Important Thing Illuminated by Howard Marks Read More »
Read more on Amazon Read my other book notes Rating: Must Read Language: English Summary A collection of Charlie Munger’s talks and checklists. Contains his principles for living a good, successful and wealthy life. His talk “The Psychology of Human Misjudgment” is better than any psychology book or course out there. Anyone would do well
Poor Charlie’s Almanack by Charlie Munger Read More »
Read more on Amazon Read my other book notes Rating: Optional Language: English Summary This bible of growth investors provides a useful 15 point framework to qualitatively evaluate companies. Combined with a more quantitative value approach, you can get a more complete picture of a possible investment. But it’s not worth the 300 pages; a
Common Stocks And Uncommon Profits by Philip Fisher Read More »
Read more on Amazon Read my other book notes Rating: Recommended Language: English Summary A great explanation of value investment principles, valuation methods and how to avoid investment failure. A shorter, easier and, for most people, more useful read than The Intelligent Investor. Key Takeaways Buy and sell decisions must be based on the prices
Margin of Safety by Seth Klarman Read More »
Read more on Amazon Read my other book notes Rating: Optional Language: English Summary A primer on mental models in investing. Easier to read and more entertaining than Seeking Wisdom, but less than half the depth and breadth. The second half is repetitive and redundant. Key Takeaways Character traits that encourage mental models: intellectual curiosity,