i dont know if this qualifies for this thread, but i didnt want to start a new one for a simple question. i am looking for a free charting website/software. i was watching fast money today, and one of the guys compared aud/jpy against the s&p500 to show correlation. i want to be able to do stuff like that. forex capability is a must.

"If you enjoyed "The Black Swan" and "Predictably Irrational", you will probably enjoy XYZ!"

Solve for XYZ! Thanks in advance

men?

Racing towards excellence. by Jan Smarek

Probably one of the smartest people out there!

reccs for venture capital reading?

any good michael lewis type books on the VC industry?

The (mis)behaviour of markets and Fooled by randomness.

For a v good common-sense approach to investing for beginners check out Tom Bradley's, president of a mutual fund company, free pdf.

http://www.steadyhand.com/news/2010/...ocket_science/

"From Good to Great" is a book with case studies on a few (then-successful) companies. Not so much investing as management qualities and characteristics of good businesses.

I would appreciate any good investment, business consulting, or econ related books that I can get my hands on for free or close to it (lol college kid.) Already got Margin of Safety which is obviously fantastic. Anything else?

The Upside of Irrationality: The Unexpected Benefits of Defying Logic at Work and at Home

Just wondering what people think of "You Can be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits" by Joel Greenblatt.

thanks

One of the best books I ever read

Are there any good journals that should be regularly read in the fields of investing, finance, or econ?

Are you allowed to elaborate at all in this thread, if you care to? Anybody else know much about it?

"traders, guns, and money" by satyajit das is outstanding. its probably the best "narrative" book on high finance i've ever read.

also, "futures, options, and other derivatives" is still the bible imo

The legend that is Ed Thorpe has his own site up with plenty of articles about gambling/investing/bio
http://edwardothorp.com/

Are there any landmark texts for investing in high growth companies?

I'm looking for something on the level of the intelligent investor and margin of safety but for growth investing instead of value investing.

Is there any good literature about Franchises?

Common Stocks and Uncommon Profits

A Curated Reading List

“Culture”:
Liar’s Poker – Michael Lewis
The Big Short – Michael Lewis
Money Makers – David Snider
When Genius Failed – Roger Lowenstein
Bailout Nation – Barry Ritholtz
Den of Thieves – James Stewart
Barbarians at the Gate – Bryan Burrough
Nerds on Wall Street – David Leinweber
More Money Than God – Sebastian Mallaby
Fooling Some of the People All of the Time – David Einhorn
Traders, Guns and Money – Satyajit Das
Fault Lines – Raghuram Rajan
The Other Side of Wall Street – Todd Harrison
Street Freak – Jarred Dillian
Confessions of a Street Addict – James Cramer

Fundamental Analysis
The Little Book That Still Beats The Market – Joel Greenblatt
You Can Be A Stock Market Genius – Joel Greenblatt
One Up On Wall Street – Peter Lynch
Intelligent Investor – Ben Graham
Value Investing – Bruce Greenwald
Essays of Warren Buffett – Lawrence Cunningham
Common Stocks and Uncommon Profits – Philip Fisher
Financial Shenanigans – Howard Schilit
The Most Important Thing – Howard Marks
Security Analysis – Ben Graham
Accounting for M&A, Equity, and Credit Analysts – James Morris
Accounting for Value – Stephen Penman
Financial Statement Analysis – Stephen Penman
Distress Investing – Martin Whitman
Distressed Debt Analysis – Stephen Moyer
Competitive Strategy – Michael Porter
Competition Demystified – Bruce Greenwald

Macro
Inside The House of Money – Steven Drobny
The Invisible Hands – Steven Drobny
The Alchemy of Finance – George Soros
Reminiscences of a Stock Operator – Edwin Lefevre
Currency Trading and Intermarket Analysis – Ashraf Laidi
Market Wizards and New Market Wizards – Jack Schwager
Manias, Panics, and Crashes – Charles Kindleberger
Oil 101 – Morgan Downey
Energy Trading and Investing – Davis Edwards
Expected Returns – Anti Ilmanen
The Black Swan – Nassim Nicholas Taleb
Fooled By Randomness – Nassim Nicholas Taleb
When Prime Brokers Fail – J.S. Aikman
Trading and Exchanges – Larry Harris

Fixed Income and Derivatives
Pricing Money – J.D.A Wiseman
Interest Rate Markets – Siddhartha Jha
Fixed Income Securities – Bruce Tuckman
The Handbook of Fixed Income Securities – Frank Fabozzi
Stigum’s Money Market – Marcia Stigum
Option Volatility and Pricing – Sheldon Natenberg
Option Trading – Euan Sinclair
Options, Futures, and Other Derivatives – John Hull

Guide to Internet Resources

Fundamentals:

Old School Value (Start learning about value investing)
Aleph Blog (One of the best investing resources on the internet. Start here: http://alephblog.com/category/best-articles)
Distressed Debt Investing (Distressed hedge fund pro's blog)
Market Folly (Track what hedge funds are doing and read manager ideas and commentary)
Value Investors Club (Example pitches to see how investors think)
GuruFocus (Value investing community)
Damodaran's Class (Academic details on valuation: http://people.stern.nyu.edu/adamodar...steqfall11.htm)
Value Investing Subreddit (http://www.reddit.com/r/SecurityAnalysis)
Graham and Doddsville (Last two are great sources of value investing links)

Macro:

Trader's Crucible (MMT perspective on markets)
GMO (Jeremy Grantham is a visionary and all the papers and commentary on this website are excellent)
John Hussman (Great, concise commentary)
Winterspeak (More theoretical MMT stuff)
The Big Picture (Popular and contrarian at the same time)
Interfluidity (Mind-bending big picture stuff)
Credit Writedowns (Many smart contributors)
FT Alphaville (Quick to come out with data)
Institute for New Economic Thinking (Creative and useful academic perspectives funded by George Soros)
Martin Wolf's Exchange (Chief economics commentator for the Financial Times)
Felix Salmon (One of the best financial journalists, great place to branch out from)

Miscellaneous:

Abnormal Returns (Great aggregator of daily news)
Reformed Broker (A more Main Street view of what's going on and good metablogger)
Economist (Hands down the best mainstream publication)

Two lists I made for my school's investing club. They will take you very far down the rabbit hole. I bolded the books that I felt were essential. Notice the entire fundamental/macro catgories are bolded. All those should be read. I only listed the blogs that I thought were essential or great places to branch out because they contained a wealth of links. Blogs are easy because they always link other good blogs. Amazon is a good way to find new books to read by going to a book's page and seeing what else people browsed/bought. 2+2 is a great poker resource so I felt it was only fair to share my expertise.

Does anyone subscribe to SumZero here?

No. And I don't recommend you read Hussman either - guy got one macro call right, has been wrong since, freely admits he has violated his own 'rules of investing' that he pitches.

Hussman is good for detailed exposure to his thinking process. He might not always make the right calls but his framework is technically sound and isn't wonkish for the sake of it. Also, you can learn a good deal about risk management from him.

http://hussman.net/pdf/hsgperf.pdf

Good portfolio managers lose minimally when they are wrong. I would pay less attention to what he is saying about the economy and more to what moves he is making in his portfolio, which he lays out.