Recommended Readings

As the famous quote goes, ‘If you want to be a successful investor, be a voracious reader’. In the world of value investing, there’s no better way to start your reading journey than with the books that have shaped the philosophy. Whether you’re just starting out or are looking to deepen your understanding, the following recommended readings will provide you with the insights, wisdom, and strategies of legends such as Warren Buffet and Benjamin Graham, the pioneers of value investing. So, grab a book, a pen, and start your journey to becoming a better investor today.

Books

  1. Valuation: Measuring and Managing the Value of Companies by McKinsey and Co.
  2. Creating Shareholder Value by Alfred Rappaport
  3. The Quest For Value by Bennett Stewart
  4. Expectations Investing by Alfred Rappaport and Micheal Mauboussin.

Whitepapers/Research Papers

  1. Index of Behavioral Bias and Market Anomaly Research – The Index of Behavioral Bias and Market Anomaly is a research document exploring how human behavior can impact financial markets. The paper examines the various behavioral biases that exist in the investing world, such as confirmation bias, anchoring, and the disposition effect. It also looks at the various market anomalies that can occur due to these biases, such as momentum effects, under-reaction to news, and over-reaction to past performance. In addition, the document provides practical advice on how to identify and avoid these biases and anomalies. Finally, the paper provides an overview of the types of investment strategies that can be employed to take advantage of these behavioral biases and anomalies.

Interviews

  1. Ten Rediscovered Lectures of Benjamin Graham’s Columbia class from 1946

Articles

  1. Graham and Doddsville Newsletter Archives

Websites