Jacob Hacker and Paul Pierson
Mel and Patricia Ziegler
THE CASE FOR DIVIDEND GROWTH
INVESTING IN A POST-CRISIS WORLD
David L. Bahnsen
It wouldn’t make sense for me to have a recommended investing book list and not include the book that serves as the core investing philosophy of The Bahnsen Group!
THE INTELLIGENT INVESTOR
The grandfather of value investing, Warren Buffett’s mentor, and the best explainer in history of buying a risk asset at a discount to the sum of its future cash flows! Reading is believing …
FOOLED BY RANDOMNESS
Not just in the investing world but in all of life, human nature causes us to mentally construct reasons and patterns for success, and allows us to be fooled by randomness, often to our own demise. Chance, therefore, favors preparation. And the quality of a choice can not be judged by the result – not if you care about the next time.
STOCKS FOR THE LONG RUN
More historical data than you may have signed up for, but this is a perfectly comprehensible book about the long-term reality of equity returns vs. other asset classes, and why that may be (i.e. the nature of the equity risk premium). By long term, I mean, over 200 years of research is laid bare to make the case for a long-term equity bias.
ECONOMICS IN ONE LESSON
I can’t tell you how useful this book was to me at a very, very young age, in forming basic economic principles and understandings that would shape the foundation of what I believe about economic law and reality.
THE ESSAYS OF WARREN BUFFETT
LESSONS FOR CORPORATE AMERICA
This collection of essays from the oracle of Omaha, written over many decades, has become a vital addition to the libraries of not just investment advisors but corporate managers and business entrepreneurs. Tremendous insights proven true over the test of time.
EXTRAORDINARY POPULAR DELUSIONS AND THE MADNESS OF CROWDS
If you are not a contrarian investor before you read this book, you will be after you read this book. A historical instructive through the realities of human psychology and group think, and the disastrous investment results that can come about from those realities.
Ludwig Von Mises
It may be more philosophical than it is investment-application, but so much of my understanding of capital markets comes from my understanding of basic economics. And this book many years ago taught me to understand human action as the core to understanding economics. The calculations that serve at the core of human reasoning ultimately drive prosperity (and the preservation of civilization itself). A few sentences can’t do justice to the richness of wisdom and profundity in this book.