A large part of investing success is psychological - the ability to override the human emotions of greed and fear in the face of market volatility. In 2018, we experienced the worst December on record since the Great Depression, but since then the Australian and US stock markets have rebounded... Show More
Over the years I've read a lot of books on investing, many of which are on, or by, the great investors. I'm constantly revisiting these books as they provide a different context to investment environments, in addition to assisting me to better understand investing and human biases. The following books... Show More
Some of the worst monthly market returns in history have occurred in the month of October, and I’m sure it will come as no surprise to you to learn that this year’s was one of them. The ASX200 fell -6.1% in October, its worst monthly performance in almost four years.... Show More
The world’s great investors all know that if you’re looking for great potential investments, then the one place to start is in the stocks that are owned by investors that you both know and respect, and that have a demonstrated track record of success. In fact, it’s a method espoused... Show More
While most funds focus on making money, picking good stocks and finding winners, few focus on avoiding the traps that end in permanent capital loss which is the real risk of investing. Show More
or you can buy it here .. https://www.abebooks.com/book-search/title/margin-of-safety/author/seth-klarman/ It's a collector's item and NOT cheap.
Hi Peter, yes they're two great books. Poor Charlie's Almanac and Seeking Wisdom also have a lot of psychology as do some of the others. More psychology books here .. http://mastersinvest.com/further-reading/ You may wish to search the internet for the PDF of Klarman's book.
Yes, too many good books. The lessons of 'Influence' are well covered in Charlie Munger's Almanac and Seeking Wisdom.