I remember the amount of time it took to discover resources on investing when I started investing. The problem was further amplified by the analysts’ noise on TV and stock market exuberance in the surrounding. Since I would be taking break from active investing for some time, I thought of putting down some resources for budding value investors. Feedback is always welcome. Here is a list of resources that might give a head-start to young investors –
Books are investor’s best friends if one does not have enough people to talk around about investing. Spending more time with books would also help you cut your time watching CNBC and stock market levels. There are many interesting books on investing and the more books you read, the more you would want to read. Here are few good books to get started –
The book is written by Benjamin Graham, the teacher of the investing God Warren Buffet. Although Buffet himself does not follow the quantitative framework provided in the book, it is a good book to start primarily to get into value investing school of thought – paying cents for a dollar and understanding Mr. Market.
2. Annual Letters to Shareholder from Mr. Warren Buffet – Berkshire Hathaway
Investing is best done when it is done like business. And nobody understands business better than Mr. Warren Buffet. Every year Mr. Buffet writes letters to Berkshire’s shareholders and each one of these imparts immense wisdom. Must read for anyone who wants to learn investing or learn business. There is also a book covering the lessons from these letters – The Essays of Warren Buffett: Lessons for Corporate America – a quicker read if you don’t want to download each letter and go through details of Berkshire’s businesses.
Now since we are learning from the writings of the great man, we can also read more about his life from either of these two books – Buffett: The Making of an American Capitalist by Roger Lowenstein or The Snowball: Warren Buffett and the Business of Life by Alice Schroeder. I would recommend both. Continue reading “15 Resources For Intelligent Investing”