The "What the hell should I read?!" Thread. Books, Blogs, and News

[wakka]

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)

[wakka]

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.

[hanster]

Does anyone subscribe to SumZero here?

[NajdorfDefense]

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.

[wakka]

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.

[razrback]

WSJ + google loophole seems to have been closed off a couple days ago.

[mantisshrimp]

This is a pretty fantastic book.


I take pity on anyone just starting out though. The trading literature is second only to the "new age" section at Barnes and Noble as far as bull**** and nonsense in print goes.

[Schwallie]

Hey guys,

Really interested in Global Macro trading. Wanting to learn more about the correlations around the world in commodities and forex markets in reference to stocks etc. Any suggestions? I'm also interested in learning more about the places like Tudor that do this kind of trading

[vomit]

Hey I was looking at buying Security Analysis and i was wondering if there was any reason why I should spend an extra 20-30$ on getting the 6th edition or would the 5th do just fine?

Regards,
Mathieu

[wotutalkinabaaat]

recently started researching and reading about investing. Im particularly interested in commodities.

I currently have an app on my ipad called "plus 500" however im wondering if this is the best app to use for trading.

any advice would be greatly appreciated

[rickyt88]

awesome thread
the links and lists of resources to study are just what I was looking for thanks guys!

[unfrgvn]

Originally Posted by wotutalkinabaaat

recently started researching and reading about investing. Im particularly interested in commodities.

You should probably set your money on fire rather than invest directly in commodities. At least it will generate some heat.

[napsus]

i wanna read interesting books on oil industry. recommendations?

[tmckendry]

Originally Posted by napsus

i wanna read interesting books on oil industry. recommendations?

Your world is about to get a whole lot smaller. By a Jeff rubin, CIBC chief economist.

[tmckendry]

I'm interested in entrepreneurship.

I play poker for income and I'm looking to start-up other enterprises to earn income outside of poker.

I'm looking for a mix of inspiration to motivate me and a "how-to" guide for some guidance. I read Kevin O'leary's book and didn't enjoy it. Any suggestions?