A Random Walk Down Wall Street

Learned Helplessness - Martin Seligman A Random Walk Down Wall Street - Malkiel The Millionaire Next Door - Stanley Atlas Shrugged - Ayn Rand Second the Incerto series by Nassim Taleb

Random Walk Down Wall Street

I like to read a wide variety of genre from fiction to human psychology. For the mind: Nonviolent Communication by Marshall Rosenberg - A great book on how to communcate more effectively with others. Thinking fast and slow by Daniel Kahneman -He is the only psychologist ever to recieve the Nobel Prize if I remember correctly. This book scientifically digests human biases and errors and how they influence our every day lives and decision making. Sometimes it a bit too technical for my taste and I like mostly the first part. (its not an easy read) I rarely had so many Aha-moments. A random walk down on wall street - For investing your income in stocks. What to do and what no to do. Simple, with facts. Sapiens by Harari -Interesting, I remember it was a great read and fun read. Connecting a lot of dots :) On programming: Designing Data-Intensive Applications by Martin Kleppmann - I am failry a junior web dev, so any material that is clear and explains well is a great source of information and inspiration. This is such a book.…

It's hard to pick only one but "A Random Walk Down Wall Street" by Burton Gordon Malkiel gave me some much needed financial literacy in my 20s.

A Random Walk Down Wall Street.

I think the first question that you will face is if you agree with the Efficient Market Hypothesis (EMH) and the random walk. Basically they say that prices reflect all available information and that you cannot "beat" the market (there's a subtle difference between EMH and random walk). The return on an investment is a direct reflection of the risk. Good reading to get an understanding for this are "A Random Walk Down Wall Street" and papers by Eugene Fama (EMH will be covered by any intro to finance book as well). For a good overview of EMH, I like this paper: http://www.cs.ucl.ac.uk/fileadmin/UCL-CS/images/Research_Stu... (http://www.cs.ucl.ac.uk/fileadmin/UCL-CS/images/Research_Student_Information/RN_11_04.pdf) The investment takeaway is that you should invest in passive index funds with low management cost (typically ETFs).…

Ascent of Money - Niall Ferguson will start you from the very beginning, and does cover all the subjects you mentioned. Random walk down wall street is good, but the angle is more “so you want to get into investing?” It won’t go into too much detail of underlying systems like fiat currency.

- A Random Walk Down Wall Street: I got much more interested in personal finance this year, and definitely recommend this book as a stepping stone for learning about investing. - Frankenstein: Highly recommend! It is nothing like it is portrayed to be in pop culture and I thoroughly enjoyed it. - Unbelievable: My Front-Row Seat to the Craziest Campaign in America: It is literally unbelievable. It follows Katy Tur, a reporter tasked with following Trump leading up to the election. If you aren't already fed up with Trump, then give this a whirl. - Dune: 5/5 sci-fi - The Society of the Spectacle: I had trouble with this one. I think some things get lost in translation, and the philosophical arguments are so abstract it was a bit hard to follow along. I had a few key take-aways but to be honest it was kind of a chore to read. - How Not to Die: Argues for prioritizing a plant-based diet, and definitely changed my relationship with food. - East of Eden: My wife's favorite book and is now one of my favorites. - Sapiens: Very enjoyable, but some of it can feel pseudo-sciency and gets a bit nihilistic in the end.…

I can't give just one, but here are a few that had a strong influence on me: "12 Rules for Life" by Jordan Peterson, "Why Switzerland?" Jonathan Steinberg, "Little Book of Common Sense Investing" by John C. Bogle, "A Random Walk Down Wall Street" by Butron Malkiel, "Liberalismus" by Ludwig von Mises, "Meditations" by Marcus Aurelius, "A Treatise of Human Nature" by David Hume, "Thinking, Fast and Slow" by Daniel Kahneman, "The Law" by Frédéric Bastiat, "Autobiography" by Benjamin Franklin, "Common Sense" by Thomas Paine, "Gespräche mit Goethe" by Johann Peter Eckermann, "Walden" by Henry David Thoreau, "The Old Regime and the Revolution" Alexis de Tocqueville, "On Liberty" by John Stuart Mill, "A Treatise on Political Economy" by Jean-Baptiste Say, "The Man Versus the State" by Herbert Spencer, "The Revolt of the Masses" by José Ortega y Gasset, "Capitalism, Socialism and Democracy" by Joseph Alois Schumpeter, "The Logic of Scientific Discovery" by Karl Popper, "The Machinery of Freedom" by David Friedman, "On Power" Bertrand de Jouvenel, "1984" by George Orwell, "The State" by Anthony de Jasay, "Sketched With the Quill" by Andrzej Bobkowski, "My Correct Views on Everything" by…

A Random Walk Down Wall Street. Helped me understand investing.

The one I've enjoyed the most, was probably "Surely You're Joking, Mr. Feynman" but additionally read a couple that kept being mentioned on here: * A Random Walk Down Wall Street * Predictably Irrational * Black Swan * Blink and enjoyed those too. I've also read "How To Make Friends and Influence People" and started "Lords of Finance" but never finished.

jon_dahl is dead on. Understand Malkiel's Random Walk and the rest is details. But for a really thorough discussion of those details check Investments by Bodie, Kane and Marcus (http://www.amazon.com/Investments-Zvi-Bodie/dp/007293414X/re... (http://www.amazon.com/Investments-Zvi-Bodie/dp/007293414X/ref=pd_bbs_2?ie=UTF8&s=books&qid=1216317813&sr=8-2)). My corporate finance prof encouraged me to look into it, then it was required reading for an economics course I took later. I understand it's the standard-bearer in most finance departments, so there's no going wrong if you're willing to work through the technical parts.

I have read many of the recommend books. Here are my two pence. Books on Wealth 1. "Rich Dad Poor Dad" and find out exactly why someone becomes rich. (if you like this one, at some point you may also want to quickly scan through "Cashflow Quadrant Rich Dad's Guide to Financial Freedom".) 2. Also "chapter 6 - How to make wealth" from "Hackers and Painters's chapter 6 - " 3. "The Way to Wealth by Benjamin Franklin" Investing books in this order 1. Peter Lynch's One Up on wall street 2. The Intelligent Investor (Ben Graham) 3. Common Stocks and Uncommon Profits 4. Security Analysis (Ben Graham) 5. The Warren Buffet Way is a famous business read not exceptional but read it if you have some time left 6. A Random Walk Down Wall Street (Read it for a good laugh) Do NOT read 1. AA- The Motley Fool Money Guide 2. How Gerge Soros Knows What He Knows 3. Investing Online For Dummies 4. Malkiel Burton - A Random Walk Down Wall Street 5. Cracking the millionaire code 6. Joel Greenblatt - You Can Be A Stock Market Genius

Random walk down Wall Street, then the Graham books (look for things that are written by the people who taught Warren Buffet).

A Random Walk Down Wall Street by Burton Malkiel It starts with a brief history of market bubbles, moves to an explanation of the the most popular theories of stock forecasting (and why you probably can't use them to beat the market), explains and argues (quite convincingly) for the efficient market hypothesis, and concludes with lots of practical personal investment advice.

The first and best book on investing that you should read: A Random Walk Down Wall Street (http://www.amazon.com/Random-Walk-Down-Wall-Street/dp/039306... (http://www.amazon.com/Random-Walk-Down-Wall-Street/dp/0393062457)). This book has great investing advice; is funny, interesting, and well-written; and clearly explains what's going on behind different investment approaches. In other words, it doesn't just answer the "what" question, it answers "why" and "how". As for specific advice, investing isn't that difficult. The best approach is to be lazy: decide on an asset allocation (e.g. 50% US stocks, 30% international stocks, 20% bonds), buy index funds, and rebalance to these percentages every now and then. Vanguard (https://personal.vanguard.com/us/home) is probably the most respected provider of index funds; give them a shot. Check out David Swensen's lazy portfolio if you want something more advanced: http://www.npr.org/templates/story/story.php?storyId=6203264. For investing discussion, try http://www.bogleheads.org/.

A Random Walk Down Wall Street. http://www.amazon.com/Random-Walk-Down-Wall-Street/dp/039331... (http://www.amazon.com/Random-Walk-Down-Wall-Street/dp/0393315290) Required reading for one of my economics classes in college. This is an excellent book covering the efficiency of markets. Extensively backed by real world data, this book boils down to some of the best and most prudent investment advice you can get. I re-read it after graduating just because it's a great book.