The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Collins Business Essentials)

Category: Investing
Author: Benjamin Graham
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by honza17   2019-11-17

I have similar plans. I started with learning everything about Forex, even opened live account for access to educational materials, videos (really good broker), but never have traded finally on the live account. Anyway, I practice TA daily, at least to know what to do when Stellar moons again :) And maybe later, with very small amount (on SDEX, this is awesome, you are not any limited with minimal order size, as you are on all standard exchanges; I don't consider margin trading in crypto at all, the market is not stable enough and it would be too risky) I would like also to start trading - I would really highlight the importance of the money management here (never risk more than 1.5-3% of your balance per trade, etc.). To take the similar approach as you would play a roulette in Las Vegas. Do your best to play as long as possible with the balance you can loose. And then repeat, until you learn it well and find your strategy. I expect it's a very hard and difficult way to become a real trader, and not only a gambler.

Anyway, that's what you all know probably, it's written almost everywhere at the beginning , just placed for sure :) And if not, than you have better chance than me that you won't over study the topic. It's much harder to start trading then :)

However, there's also another approach how to earn some money. And it works much better for most of the people (considering the fact that 95% of traders lost). I really recommend to read this book, it gives you another perspective:

https://www.amazon.co.uk/Intelligent-Investor-Definitive-Investing-Practical/dp/0060555661?tag=duc08-21

I am not telling to invest into stocks and obligates - there are no easy money and I think I better understand crypto than stocks. I believe the approach can be similar with crypto and fiat (when crypto goes down, fiat is stable similarly as obligates and you can use it to DCA cheaper crypto, as you would use the obligates to buy cheaper stocks - you are still in the market even for long-term investing - really nice approach, details in the book...).

by auser24   2019-11-17
  • Impostos: Leia o FAQ na wiki desse sub. tl;dr só declara no final do ano, no seu caso
  • Livros: Idem. Pessoalmente estou lendo esse, aqui um excerto.
by latinilv   2019-11-17

The Intelligent Investor: The Definitive Book on Value Investing

by DirectorCurator   2019-08-24

How deep down the rabbit hole do you want to go? Buffett himself would recommend you index. But, if you must, start with Ben Graham and move on to learning accounting and then start with Buffett's annual letters.

by vstky   2019-08-24
  • The Little Book of Common Sense Investing - Jack Bogle. He explain why just buy and hold a low cost index fund (like SPY) is the way to go.
  • The Intelligent Investor - Benjamin Graham. The Bible of Stock Picking. Unfortunately, less than 1% can beat the market long term doing that.
  • The Single Best Investment - Lowell Miller. Good if you thing is income.
  • Dual Momentum Investing - Gary Antonnacci. A really good improvement of Jack Bogle's thesis of investing only in index funds.
by shantmelikian   2019-07-21

Just look at the right side of r/weedstocks forum... if you scroll down enough you will see these :

GUIDES AND MARKET RESOURCES

  • A Beginner's Guide to Investing
  • The Intelligent Investor
  • Investopedia

You can start there.

Plus you can search content on this sub for new investors. A lot of people are nice enough and try to help new investors. Only bit of advice I can give you is do not FOMO (Fear of missing out). Always do your own DD (Due diligence) before investing. Take peoples advice with a grain of salt.

by SovArya   2019-07-21

yes, yes. you can check pse.com.ph for more info - and or the bank you frequently use. :)

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for more information on basic stocks - read intelligent investor by benjamin graham.

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p.s. don't invest in things you don't know and or don't understand. and be doubtful of financial advisors. research it as if you're researching how not to get pregnant, if you're a virgin, and about to have sex (meaning take it seriously) :)

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https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661

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you can get a copy in national book store or any major book store in ph :)

by bbqbot   2019-07-21

Go read Benjamin Graham's The Intelligent Investor for everything you need to know about value investing. Buffet claims he won't ever write a book since everything is in there (also, author is the guy who Warren learned from).

Excellent book.

by Fabul0usLumin0us   2019-07-21

>90/10 stocks bonds until you're closer to retirement.

You might want to read that book too while you're at it. Keeping less than 30% bond is taking unnecessary risks.

by strolls   2019-07-21

Buy value stocks. ¯\_(ツ)_\/¯

by westurner   2019-07-12
This book probably doesn't mention that he's given away over 71% to charity since Y2K. Or that it's really cold and windy and snowy in Omaha; which makes for lots of reading time.

"Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage" (2008) [1], "Buffetology" (1999) [2], and "The Intelligent Investor" (1949, 2009) [3] are more investment-strategy-focused texts.

[1] https://smile.amazon.com/Warren-Buffett-Interpretation-Finan...

[2] https://smile.amazon.com/Buffettology-Previously-Unexplained...

[3] https://smile.amazon.com/Intelligent-Investor-Definitive-Inv...

Value Investing: https://en.wikipedia.org/wiki/Value_investing https://www.investopedia.com/terms/v/valueinvesting.asp

by doverthere   2019-01-13

Read: The Intelligent Investor . It's one of the best books you can read if you're interested in investing.

Investopedia university has plenty of great articles to read. Investopedia also has a stock simulator which you can use to practice with fake money.

Then go listen to some podcasts related to stock markets. Motley Fool Answers is a good podcast with some good financial advice and their mailbag episodes are helpful. There's plenty out there

by BeatElite   2019-01-13

The last Willey "for dummies" series I got was the how to land an IT job one and most of them were easy to read and had some decent pointers. That being said I'm always skeptical on getting stock market books. I own The intelligent investor and also have listened to Money Management Skills on the great courses audible series and I can say that phrase I keep hearing the most is that "you can't beat the market".

The average person who goes on etrade or Robin hood doesn't have the same resources as those higher up do with computers that can process hundreds of trades in the blink of an eye or potential insider sources . We also get emotional over stocks and find it hard to disassociate ourselves from our losses and boast about our gains. Getting someone else to manage your portfolio is also costly and you can most likely get better gains as long as you diversify your stocks in a mutual index fund. That's just a bit of what I learned and I suggest getting those 2 books/audiobooks that I recommend. I still believe the dummies books will be good, but from what I read, you'll have much more stress trying to maximize gains individually actively rather than take a backseat in a well diversified portfolio

by indexinvestoreu   2019-01-13

I would recommend against buying individual stocks for any non-sophisticated investors. There is wide research that shows that most active investors can't consistently get good returns on individual stocks. The bogleheads wiki elaborates on this topic (https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy)

If you do wish to invest in individual stocks I think you may need to devote time to do thorough research on your investments. I seriously don't think some stocks recommendations on reddit are going to be very useful. The learnings of the Intelligent Investor ([https://toptalkedbooks.com/amzn/0060555661) ) are a good start.

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by firstreminder   2018-11-10

Easiest thing you could do is put as much as you can into the Vanguard 2065 retirement fund and max out retirement accounts. Best thing would be to pick safe companies, pay attention read their proxy statements and vote sensibly, not giving the board whatever they suggest. This is the downside of index funds, which agree with the board over 90% of the time because they have too many positions to track.

Books:

by ShrinknShrivel   2018-11-10

The best advice I can think of is for you to start here: https://toptalkedbooks.com/amzn/0060555661

by NorthSuperior   2018-11-10

https://toptalkedbooks.com/amzn/0060555661

by utahphil   2018-11-10

Seriously, close your browser and start reading.

by TOMtheCONSIGLIERE   2018-11-10

Some books, read them all (in no particular order):

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Book #1

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Book #2

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Book #3

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Book #4

by mepcotterell   2018-11-10

First thing's first: Crash Course for New Investors.

Then, look up The Intelligent Investor .