John Wiley & Sons, 2010, [Finance] Grade 5
There are many good books about bottom-up investing. It is harder to find really good books on top-down investing – tactical asset allocation. The Great Reflation, by Antony Boeckh, is my favorite. He was the editor, and owner, of Banker Credit Analyst (BCA) for more than 30 years. There are only... Further reading... Link to Amazon...
Public Affairs, 2008, [Finance] Grade 5
Can we observe the market objectively, being participants as well? What is reflexivity, and why is it a must to understand it? What is George Soros’ long-term scenario for the financial markets? This book consists of two parts: (1) Perspective and (2) The Current Crisis and Beyond. The second part is good. The first is... Further reading... Link to Amazon...
Penguin Books, 2011, [Economics] Grade 3
Michael Lewis latest success, The Big Short, is about the financial meltdown in the United States. Boomerang is a follow up, focusing on the international crisis of sovereign debt. As always, Michael Lewis is truly entertaining. This book is witty and worthwhile to read, but... Further reading... Link to Amazon...
Simon & Schuster, 2011, [Business] Grade 3
We all miss Steve Jobs. He will be remembered 100 years from now, like Edison and other giants. There is a lot to admire: his passion, focus and endurance were just a few of his qualities. He was the mastermind behind some of the most important... Further reading... Link to Amazon...
John Wiley & Sons, 2001, [Equity Investing] Grade 5
Ben Graham taught value investing with David Dodd at Columbia, starting in 1928. Since then, Columbia has been the academic center for value investing. Graham and his disciples have been extremely successful, mainly because they used Graham’s investment concepts. But as... Further reading... Link to Amazon...
Basic Books, 2004, [Finance] Grade 5
Fractals. This seems to have been Benoit Mandelbrot’s premier professional passion in life. A fractal has been defined as "a rough or fragmented geometric shape that can be split into parts, each of which is (at least approximately) a reduced-size copy of the whole.” While fractals are... Further reading... Link to Amazon...
Penguin Books, 2005, [Business] Grade 5
We all admire Michael Porter for his wisdom regarding strategy. But how do you use his recommendations in real life? Especially if you are an outsider, you need a toolbox that is easier to use and maybe more focused. As an investor, I use the concepts in this book as... Further reading... Link to Amazon...
