Thursday, 5 January 2017

On Investing

One of the very few things that I realized in 2016 was the importance of investing money for the future. I had not given it a thought until late because I hardly ever had money in my account. Around December'15, I paid off my loan. For the first time I had some disposable cash about which I didn't know what to do. Around the same time, my boss recommended me to read "The Intelligent Investor". It's one of the best books written on investment by Benjamin Graham, the father of value investing. As my interest grew, I read some more.
In this short duration, I have hardly learned anything; but these books have given me a direction. More than anything else, it kindled my interest in Finance, something I had long given up on.
Here's a list of the books, videos, and blogs I would recommend to anybody who wants to invest in stock market. One thing that is to be kept in mind is that there's no shortcut and investing is a very difficult art to learn. Like any other art, it takes years, even decades to become a good investor. I hope that in time, I will be able to do well for myself.

Books
  1. The Intelligent Investor by Ben Graham 
  2. Security Analysis by Ben Graham, David Todd
  3. The Most Important Thing by Howard Marks
  4. Essays of Warren Buffett by Lawrence Cunningham
  5. Margin of Safety by Seth Klarman
  6. One Up on The Wall Street by Peter Lynch
  7. A Random Walk Down Wall Street by Burton Malkiel
  8. Poor Charlie's Almanack by Charles Munger
Essays/Letters/Memos
  1. Warren Buffett's Letters to Shareholders - Berkshire Hathaway
  2. Howard Marks Memos - Oaktree Capital
Blogs
  1. Safal Niveshak
  2. Ashwath Damodaran on Valuation
 Videos
  1. Google Talk Videos

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