What should I read next?

[scbunker]

Jim wrote:

[Here’s a WCI link if you care to use it: http://www.amazon.com/gp/product/0060555661/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0060555661&linkCode=as2&tag=whicoainv-20&linkId=ISYCQADF5UROBCZ2 – ed]

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WCI - seems to me you ought to be able to have your developer write some code to automatically replace Amazon links with affiliate links.

[ginmqi]

I second the public library...a HUGELY underrated and under-utilized public resource that has great gains for little to no cost essentially.

Save the money for other things on amazon!

I liked reading David Swenson's Unconventional Success

[Sneezy]

My favorite book on investing is

http://www.amazon.com/Unconventional-Success-Fundamental-Approach-Investment/dp/0743228383

by David Swensen who has been so successful running Yale's Endowment.  Part of the point is to explain why you won't be able to replicate that success and why you are better off a portfolio of diversified funds, probably index funds.
It can be frustratingly non-specific but it really helped me understand the rationale behind diversification and rebalancing.  I don't agree with everything in the book but it really made me think

[The White Coat Investor]

G wrote:

Forget Amazon–first see if your public library has this stuff for free!

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Any of these books that have been out more than a couple of years are almost surely in your public library system, except perhaps Mike Pipers and mine as they are self-published and thus a little less likely to show up at your library.

[The White Coat Investor]

Dru wrote:

Jim wrote:

Highly recommend Graham’s “The Intelligent Investor”

https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661/ref=sr_1_1?ie=UTF8&qid=1453159771&sr=8-1&keywords=the+intelligent+investor

 

Amazon link, not an affiliate link, just providing it as a courtesy.  " />

 

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Thanks much. Is there a way to go through the WCI bookstore and get to kindle versions? All the links go to hard copies…

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Those pages all have two boxes- print version and kindle. Just click on Kindle to go to the Kindle version. Anything you buy at Amazon after clicking through one of those links pays a commission. Feel free to pick up a big screen TV while you're there.

[The White Coat Investor]

Dru wrote:

My grandma in law gave me an Amazon GC for Christmas, and the $30 left on it are burning a hole in my pocket. I’m trying to figure out what to read for my financial CME this year. I’m 1.5 years into practice, and I’ve been following WCI for probably 4 years and have done a lot of things recommended on the blog and book (refinanced loans, haven’t bought a house yet, use passive indexing, have DI, term LI, etc). So far I’ve read WCI’s book, the only investment guide you’ll ever need, random walk, boglehead’s guide to investing, investor’s manifesto, elements of investing, your money and your brain, I even won a book from WCI 2 years ago about doctor mortgages, and maybe a couple more I can’t remember. Pretty much the only websites a visit are BH and WCI. So pretty basic level stuff, but enough to get me a good foundation. I’m not sure I want to get too into the woods, as I enjoy this stuff, but between work and having young kids there aren’t many free minutes most weeks. So any good thoughts to shore up my foundation?

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Sounds to me like you should read something by Bogle next. The Intelligent Investor is good, but I'm not sure you're quite there yet. Won't hurt to read it "early" but I think some Bogle is worthwhile for anyone to read.

[G]

Forget Amazon--first see if your public library has this stuff for free!

[Kennyt7]

books by malkiel swedroe bogle and Bernstein

 

4 pillars

random walk

'winning investment strategy

bogle on mutual funds

 

with this u know more than 99% of your colleagues

[JKG]

William Bernstein's The Four Pillars of Investing is one of my favorites, a must read IMO. Currently reading his book "The Birth of Plenty", fascinating stuff.

[jfoxcpacfp]

The One Page Financial Plan by Carl Richards.

Not available on Amazon, but my most recommended book and favorite among clients is Simple Wealth, Inevitable Wealth by Nick Murray. To get the current version (2013), you'll have to go through his website and buy a hard back. Nick is notoriously protective about his material. (I just checked and you can find older copies on Amazon.

[Rocky L]

Tony Robbins, Money Master the Game.

Anything by Munger and Buffett. Poor Charlies Almanac is a good place to start.

 

Both of these are not about mechanics as much as about mindsets. Having the right mindset changes the game to the next level.

[Jim]

Here's a link to the kindle version.  Only 3 bucks, whaddayagot to lose?

http://www.amazon.com/Intelligent-Investor-Collins-Business-Essentials-ebook/dp/B000FC12C8/ref=mt_kindle?_encoding=UTF8&me=

 

[Dru]

hatton1 wrote:

The affluent investor by Phil DeMuth is good.  Mike Pipers books and blogs are also good

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Thanks, I'll add it to the list. I actually have read a few Mike Piper books. For awhile I looked at his blog a lot. But I don't have overnight call anymore, so my late night coffee drinking and blog reading has ceased...

[Dru]

Jim wrote:

Highly recommend Graham’s “The Intelligent Investor”

https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661/ref=sr_1_1?ie=UTF8&qid=1453159771&sr=8-1&keywords=the+intelligent+investor

 

Amazon link, not an affiliate link, just providing it as a courtesy.  " />

 

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Thanks much. Is there a way to go through the WCI bookstore and get to kindle versions? All the links go to hard copies...

[Hatton]

The affluent investor by Phil DeMuth is good.  Mike Pipers books and blogs are also good