@HowardCoombs - moved to a more appropriate thread.
Warren Buffett in all caps - but it is not actually written by him - it is written by Mary Buffett, ex-wife of musician Peter Buffett (the great man's youngest son). I have not read it - and not saying it is bad - but don't like how they are milking the name.
It made me think of this one - which I have read:
Accounting for Value by Stephen Penman
Recommended - not just for the 19 year old.
Got the second book as well.
Interesting that someone mentioned Mary Buffet a couple of posts ago. Got curious and did research her.
Unlike yourself or Buffet, I look at the annual reports for the narratives and guidance and basic numbers, not with a microscope for sure.
Short History of Financial Euphoria
my always first recommended book, Reminiscences of a stock operator, before you touch any investment products and markets
A lot of interesting recommendations and perhaps a few tangents worth taking, in this article:
https://www.nytimes.com/2018/11/11/b...ll-street.htmlTo do that, Mr. Parrish advises investors like Scott Miller, the founder of Greenhaven Road Capital, to disconnect from the noise and read deeply.
“I will leave my computer and go into a separate room to read,” said Mr. Miller, an early sponsor of Farnam Street who is currently reading “Atomic Habits: An Easy and Proven Way to Build Good Habits and Break Bad Ones,” by James Clear. “It feels weird to do this in the middle of the day — but I do it.”
Last edited by shri; 15-11-2018 at 09:48 AM.
To add to the list of excellent books on this subject, The Myth of the Rational Market by Justin Fox does a great job of debunking a lot of accepted wisdom that markets set prices efficiently.