Books

There a few nuggets of wisdom to be had in this book, but as I recall it wasn't an exciting read.

Some interesting quotes

The first chapters of this book are especially relevant to understanding what led up to the early 1920's boom and bust.

The book's author, Benjamin Anderson, was a highly regarded banker and author of the Chase Economic Bulletin. Since Anderson was a contemporary expert on the banking system, the information presented in the book is certainly world class. The book is not an easy read, though, and requires serious dedication to study the full 570 pages. Our rating would be 100% if it were not for the dedication required to appreciate the contents.

Of interest to the modern

The Intelligent Investor is the bible for value investors. The book is very long, and Graham goes into many details of security analysis, even into

Twelve great investors each write a chapter on the "one thing" that has brought them success. Chapter 6 by James Montier about

For beginning investors, this is a great second book (after reading Peter Lynch).

As I recall, Faber does a good job discussing the history of markets, including mention of the Austrian bust in the 1870's (one of my favorite examples of a boom/bust). He details the stages of an emerging market and how to identify them. He discusses more recent booms/busts in Russia and Argentina, for example.

For beginning investors, this is the first book to read.

Lynch is concise and easy to understand. I personally don't recommend any of his sequels,