For the first time in a very long time, actually ever, Abnormal Returns is on hiatus for a week. In the meantime I wanted to continue to provide our readers with some interesting content. To that end I asked some independent investment bloggers five questions. We will publishing the answers daily throughout the week. Please feel free to add your own recommendations in the comments below.
Monday – What is your favorite finance/trading/investment book?
I was surprised at the breadth of answers given. I assumed that the answers would coalesce around a handful of names. Only four books received more than one response. The rest of the books are listed in alphabetical order by author. For any one looking for some summer reading this list would be a good place to start.
Reminiscences of a Stock Operator by Edwin Lefevre via Scott Bell – I Heart Wall Street, Downtown Josh Brown – The Reformed Broker, Kid Dynamite – Kid Dynamite’s World, Derek Hernquist – Derek Hernquist
The Essays of Warren Buffett: Lessons for Corporate America by Lawrence A. Cunningham via Jeff Miller – A Dash of Insight, Cullen Roche – Pragmatic Capitalism is also a fan of Warren Buffett’s shareholder letters.
One Good Trade by Mike Bellafiore via Jerry Khachoyan – TheArmoTrader
Confessions of a Street Addict by James Cramer via Robert Sinn – Stock Sage
Mind Over Markets by James F. Dalton, Eric T. Jones and Robert Bevan Dalton via Steven Place – Investing With Options
Triumph of the Optimists by Elroy Dimson, Paul Marsh and Mike Staunton via Meb Faber – World Beta
The Disciplined Trader by Mark Douglas via Charles E. Kirk – The Kirk Report
Trading in the Zone by Mark Douglas via John Lee – Charts Gone Wild
Margin of Safety by Seth Klarman via The Analyst – Stone Street Advisors
You Can Be A Stock Market Genius by Joel Greenblatt via Meena – Insider Monkey
Manias, Panics, and Crashes: A History of Financial Crisis by Charles Kindleberger via MacroMon – Global Macro Monitor
The Big Short by Michael Lewis via Jeff Carter – Points and Figures
When Genius Failed: The Rise and Fall of Long-Term Capital Management by Roger Lowenstein via Rob – Tech Insidr
McKinsey & Company’s Valuation: Measuring and Managing the Value of Companies via Stephen Castellano – Castellano
One Up on Wall Street by Peter Lynch via Eddy Elfeinbein – Crossing Wall Street
Popular Delusions and the Madness of Crowds by Charles McKay via Phil Pearlman – Phil Pearlman
Option Volatility & Pricing by Sheldon Natenberg via Jared Woodard – Condor Options
How to Make Money in Stocks, 4th edition by William O’Neill via Frank Zorrilla – ZorTrades
Zen and the Art of Motorcycle Maintenance by Robert Pirsig via Erik Swarts – Market Anthropology
The Guru Investor by John Reese via Zack Miller – Tradestreaming
Where are the Customers’ Yachts by Fred Schwed Jr. via Sean McLaughlin – Chicago Sean
Trader Vic – Methods of a Wall Street Master by Vic Sperando via David Shvartsman – Finance Trends Matter
Fooled by Randomness by Nassim Nicholas Taleb via Roger Nusbaum – Random Roger Blog
The Only Investment Book You’ll Ever Need by Andrew Tobias via Mick Weinstein – Covestor Blog
The Money Masters by John Train via Tom Brakke – the research puzzle
Tomorrow we will see what books from the past five years, roughly post-crisis, the bloggers would recommend.