Resources

These are some books, articles and blogs that I find interesting:

Books: (I used Amazon link because they have more comprehensive reviews there. It’s not an affiliate link. To buy cheaper books, use betterworldbooks (it’s secondhand books so great to find them new homes!), bookdepository or even ebay! Key is to shop around)

The Little Book that Beats the Market by Joel Greenblatt. The first book that I tell my friends to read if they want to know how to invest.

One Up on Wall Street by Peter Lynch. The second book that I tell my friends to read if they want to know how to invest.

Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger edited by Peter D. Kaufman. Delves into Charlie’s thoughts on how to live a good life and also get rich (slowly). If everyone reads this book, the world will be a much better place. Society will also be a lot wiser too.

The Snowball: Warren Buffett and the Business of Life by Alice Schroeder. Warren Buffett’s biography that delves more into Buffett’s personal life. It tears down the misconception that many has which is that anyone can be like Buffett. There will only be one.

The Most Important Thing by Howard Marks. Thoughtful book on key principles to successful long-term investing.

You Can be a Stock Market Genius : Uncover the Secret Hiding Places of Stock Market Profits by Joel Greenblatt. Joel Greenblatt seems to like corny titles. He also seems to like to write amazing books. Great read on special situation investing. The profit opportunities may be less than in previous decades, but the thinking behind them is timeless.

The Manual of Ideas: The Proven Framework for Finding the Best Value Investments by John Mihaljevic. Insightful book on various ways to invest money in the stock market.

The Dhandho Investor: The Low-Risk Value Method to High Returns by Mohnish Pabrai. Wonderful value investing book.

The Education of a Value Investor by Guy Spier. Highly personal book on the challenges of creating sustainable returns. Delves into more of the emotional side to value investing which is as or even more important than the analytical side of investing.

Thinking, Fast and Slow by Daniel Kahneman. The go-to-book for cognitive biases. A little dense, but well worth it.

Small Giants by Bo Burlingham. Good to great version of private companies. Amazing read and provides a great argument for staying small as a business.

Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel. Great read on the thinking behind startups and venture capital.

Seeking Wisdom: From Darwin to Munger by Peter Bevelin. It does what the title says. That is a huge complement from me.

The Lessons of History by Will and Ariel Durant. If you only have a day to read a book, this would be the book I’d recommend. “History rhymes” is a cliche and this book succintly points out why. Puts a bit more perspective on our current political climate. After reading it, I’m also a bit more aware of realpolitik risks of this world and also appreciate more on the relative calm of the world since WWII.

Investment Biker by Jim Rogers. Fun book on adventures to emerging markets with a little bit of investing/geopolitics on the side.

How to Win Friends and Influence People by Dale Carniege. Helped me to be a better person.

Articles:

Li Lu: The Prospects for Value Investing in China. Great article on principles of value investing, why it works and the applicability across different markets. Can be found on: http://castlereaghequity.com.au/articles/

Howard Marks memos

Australian investing blogs:

Bristlemouth by Forager funds.

10foot investor. A blog on that talks about potential bad investments and also potential good investments. Focuses on the smaller end of ASX.