Summaries of books about Investing:
Irrational Exuberance
Revised and Expanded Third Edition
Robert J. Shiller
The book analyzes the broader economic and psychological factors driving volatility in the stock market and real estate, suggesting that herd behavior and speculative bubbles are fueled by irrational enthusiasm among investors. It provides historical evidence and updated data to warn of the potential risks in financial markets and the economy, advocating for more informed investment strategies and policy decisions.
See full summary
SECRETS ON FIBONACCI TRADING
Mastering Fibonacci Techniques In Less Than 3 Days
Frank Miller
The book provides a concise guide on how to apply Fibonacci trading techniques to financial markets, aiming to help traders understand and master these methods quickly. It covers the basics of Fibonacci sequences, retracement levels, and extensions, offering practical strategies and examples for effective trading within a short learning period.
See full summary
How I Invest My Money
Finance experts reveal how they save, spend, and invest
Joshua Brown|Brian Portnoy
The book provides personal narratives from a variety of financial experts, each sharing their unique strategies and philosophies on saving, spending, and investing their own money. It offers insights into the personal financial decisions and behaviors that shape how these professionals approach wealth management, both for themselves and their clients.
See full summary
How Finance Works
The HBR Guide to Thinking Smart About the Numbers
Mihir A. Desai
The book demystifies complex financial concepts for non-finance professionals, providing a clear understanding of how financial decisions impact a company's performance. It covers fundamental principles of finance, including valuation, capital allocation, and risk management, using accessible language and real-world examples.
See full summary
The Acquirer's Multiple
How the Billionaire Contrarians of Deep Value Beat the Market
Tobias Carlisle
The book presents an investment strategy focused on buying undervalued companies with strong earnings potential, as measured by the Acquirer's Multiple—a metric that compares a company's enterprise value to its operating earnings. It also explores the successful tactics of notable investors who have consistently outperformed the market by applying principles of deep value investing.
See full summary
The Private Equity Playbook
Management’s Guide to Working with Private Equity
Adam Coffey
The book provides insights into the world of private equity, explaining how firms operate, their investment strategies, and what managers can expect during partnerships. It offers practical advice for executives on navigating private equity deals, from the initial investment to the eventual exit, with a focus on maximizing value and understanding the unique dynamics of these financial relationships.
See full summary
THE 12% SOLUTION
Earn A 12% Average Annual Return On Your Money, Beating The S&P 500, Mad Money’s Jim Cramer, And 99% Of All Mutual Fund Managers… By Making 2-4 Trades Per Month
David Alan Carter
The book provides a strategy for individual investors to achieve an average annual return of 12% on their investments by engaging in 2-4 trades per month, using a method that involves options trading and technical analysis. It aims to outperform the S&P 500 and the majority of mutual fund managers by following a systematic approach to selecting and managing trades.
See full summary
The Behavioral Investor
Daniel Crosby
The book delves into the psychology of investing, exploring how emotions and cognitive biases often lead to irrational financial decisions. It offers insights into improving investment strategies by understanding and managing these psychological factors.
See full summary
The Little Book That Builds Wealth
The Knockout Formula for Finding Great Investments
Pat Dorsey
The book provides insights into identifying companies with durable competitive advantages, or "economic moats," that enable them to sustain long-term profitability and fend off competition. It offers strategies for investors to assess these moats and make informed decisions to build a successful investment portfolio.
See full summary
Stack Silver Get Gold - How to Buy Gold and Silver Bullion without Getting Ripped Off!
Hunter Riley III
The book provides practical advice on investing in gold and silver, focusing on strategies to purchase bullion safely and efficiently. It covers topics such as avoiding scams, understanding market trends, and selecting the right types of precious metals for investment portfolios.
See full summary