Books

The following is a collection of books which I have discovered over the years to be useful in helping us manage and protect money.  These books stand out in the wide sea of investment tomes which are too often  “vapid in content and repugnant in form” (as John Galbraith once quipped) and worse–potentially damaging to real life people and their capital.

In my experience, wise, unbiased books can be critical in helping us to develop disciplined rules and habits for lasting success with money.   With the long-always investment industry having bought so many of today’s investment “experts”, academics and scholars, learning to recognize and avoid the sales puff junk is key.  Happy reading…

  • Against the Gods:  The Remarkable Story of Risk  – Peter L. Bernstein
  • Intermarket Analysis: Profiting from Global Market Relationships  – John J. Murphy
  • Just One Thing: Twelve of the World’s Best Investors Reveal the One Strategy You Can’t Overlook
  • Buffett: The Making of an American Capitalist – Roger Lowenstein
  • Bull’s Eye Investing: Targeting Real Returns in A Smoke And Mirrors Market  – John Mauldin
  • Confessions of a Wall Street Analyst:  A True Story of Inside Information and Corruption in the Stock Market – Daniel Reingold, Jennifer Reingold
  • The Black Swan: The Impact of the Highly Improbable – Nassim Nicholas Taleb
  • Mean Markets and Lizard Brains: Low to Profit from the New Science of Irrationality – Terry Burnham
  • Capital Ideas Evolving – Peter L. Bernstein
  • Bull!: A History of the Boom and Bust, 1982-2004 – Maggie Mahar
  • Extraordinary Popular Delusions & the Madness of Crowds – Charles Mackay
  • Unexpected Returns: Understanding Secular Stock Market Cycles – Ed Easterling
  • The Great Crash of 1929  – John Kenneth Galbraith
  • Empire of Debt: The Rise of an Epic Financial Crisis – Will Bonner, Addison Wiggin
  • Yes, You Can Time the Market! – Ben Stein, Phil DeMuth
  • The Intelligent Investor: The Definitive Book on Value Investing – Benjamin Graham
  • Manias, Panics, and Crashes: A History of Financial Crises – Charles P. Kindleberger
  • The Power of Gold:  The History of an Obsession – Peter L. Bernstein
  • Ahead of the Curve: A Commonsense Guide to Forecasting Business And Market Cycle – Joseph H. Ellis
  • Investment Psychology Explained: Classic Strategies to Beat the Markets – Martin J. Pring
  • Irrational Exuberance –  Robert J. Shiller
  • Probable Outcomes: Secular Stock Mark Insights – Ed Easterling
  • The Winning Investment Habits of Warren Buffett & George Soros: Harness the Investment Genius of the World’s Richest Investors – Mark Tier
  • When Genius Failed: The Rise and Fall of Long-Term Capital Management – Roger Lowenstein
  • Endgame: The End of the Debt SuperCycle and How it Changes Everything – John Mauldin, Jonathan Tepper
  • The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth and Deflation – A. Gary Shilling
  • The High-Beta Rich: How the Manic Wealthy Will Take Us to the Next Boom, Bubble, and Bust – Robert Frank
  • Antifragile: Things That Gain from Disorder – Nassim Nicholas Taleb
  • In Bed with Wall Street: The Conspiracy Crippling Our Global Economy – Larry Doyle
  • The Hellhound of Wall Street: How Ferdinand Pecora’s Investigation of the Great Crash Forever Changed American Finance – Michael Perino