October 24, 2006

DAILYWEALTH RESOURCES

Books That Will Make You a Better Investor



Adventure Capitalist by Jim Rogers
Jim Rogers has logged more miles searching for investment opportunities than anyone alive. Adventure Capitalist is the story of his three-year trip across the world, looking for adventure and investments.


Investment Biker by Jim Rogers
The legendary Jim Rogers’ first book. International finance, wild travel stories, and investment 101 through South America, Europe, Asia, Australia, and Africa. All on motorcycles.


Eat the Rich by P. J.O'Rourket
Force your children to read this book and learn how the world really works. It’s the best explanation of economics available... and hilarious.


Reminiscences of a Stock Operator Edwin Lefèvre and Roger Lowenstein
At his height in the 1920s, Jesse Livermore was one of the biggest traders in the world. This account of Livermore making and losing huge fortunes contains the commandments of speculation. One of our favorite quotes from the book:

“There is nothing new in Wall street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.”


Winning on Wall Street by Marty Zweig
Marty Zweig
is one of the greatest market analysts ever. Learn how he does it.


Liar’s Poker by Michael Lewis
Michael Lewis’ classic story of rising through the Solomon Brothers’ system.


Hedgehogging by Barton Biggs
Great collection of stories by famed hedge fund manager/analyst Barton Biggs.


Wall Street Meat by Andy Kessler
Andy Kessler’s first-hand account of the late 90s tech boom.


Market Wizards by Jack D. Schwager
Interviews with the best traders and investors in the world. The Jim Rogers interview might be the most important 40 pages you’ll ever read about investing.


The New Market Wizards by Jack D Schwager
More interviews with the best traders and investors in the world.


Stock Market Wizards by Jack D Schwager
More of the first two.


Trade Your Way to Financial Freedom by Van K Tharp
The two major lessons to learn from this book: How to exit an investment, and how much to bet on it.


The Mind of Wall Street Leon Levy, Eugene Linden, and Alan Abelson
The late Leon Levy made a fortune on Wall Street. This book is full of real stories explaining how he did it.


Devil Take the Hindmost by Edward Chancellor
The best book on financial bubbles… a much easier read than Extraordinary Delusions and the Madness of Crowds.


Fooled by Randomness by Nassim Nicholas Taleb
With stories about the huge role randomness plays in life, Nassim Nicholas Taleb takes the wind out of Wall Street’s sails.


Practical Speculation by Victor Niederhoffer, Laurel Kenner
Vic Niederhoffer’s chapter on technical analysis alone is worth the price of the book.


Hot Commodities by Jim Rogers
The master, Jim Rogers, on the basics of commodity investing… and his favorite ways to play the commodity boom.


Tomorrow's Gold by Marc Faber
The investment outlook for the next fifty years by the brilliant Dr. Marc Faber. Hint: it’s about Asia.


Pit Bull by Martin Schwartz
Few people can make a dime by independently trading short-term market movements. Marty Schwartz made millions doing it. Pit Bull is his book. The story about his wife’s mink coat is hilarious.

3 Comments:

At Wed Nov 04, 03:18:00 AM PST, Anonymous Business Hotel said...

Thanks for informing all of us here about the books that are worth reading for those who are looking for investment related guidance. Out of all these, I am looking forward to reading one particular book i.e. Market Wizards by Jack D. Schwager for the purpose that it includes interviews of successful trading people.

 
At Tue Dec 25, 03:56:00 AM PST, Blogger MyHousingExpert said...

Thanks for suggesting these books.
It will surely help as I was looking forward to read more before investing.


Regards,

Myhousing expert

 
At Fri Feb 01, 11:05:00 PM PST, Blogger Suncity Projects said...

Thanks for giving good investment platform 3bhk luxury flats in gurgaon.

 

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