Recommended Reading
Value Investing
Bruce Greenwald – Value Investing from Graham to Buffet and beyound
Pat Dorsey – The little book that builds wealth
There is always something to do – The Peter Cundill Investment Approach
Philipp A.Fisher – Common Stocks and uncommon profits
Joel Greenblatt – You can be a stock market genius
Howard Marks – The most important thing
Seth Klarman – Margin of Safety
Benjamin Graham – The intelligent investor
Benjamin Graham – Security Analysis
The Essays of Warren Buffett: Lessons for Investors and Managers
Peter D. Kaufmann – “Poor Charlie’s Almanach”
Janet Lowe – “Damn Right: Behind the scenes with Berkshire Hathaway Billionaire Charlie Munger”
Mark Mobius – “The little book of Emerging Markets”
Monish Pabray – “The Dhando Investor”
Edward Chancelor – “Capital Returns (Marathon Asset Mgt.)”
Lawrence Cunningham “Quality Investing (AKO Capital)”
Richard Oldfield “Simple but not easy”
Fundamental analysis
Howard M. Schilit – Financial Shenanigans
David Einhorn – Fooling some people all the time
Kathrin F. Staley – The art of short selling
Amit Kumar – “Short stories from the Stock Market”
Finance History
Edwin Lefevre – Reminisicences of a stock operator
Frank Partnoy – The Match King
Bernard Baruch – My own story
Peter Bernstein – Against the Gods
Niall Ferguson – The ascent of money
Jr. Renehan, Edward J. – Jay Gould – Dark Genius of Wallstreet
Joe Nocera – “A piece of the Action”
Scandals & Crisis
Michael Lewis -The big short
Michael Lewis “Flash Boys”
Reinhart & Rogoff – This time It’s different
Mike Dash – Tuliopmania
Edward Chancellor – Devil take the hindmost
Mark Singer – “Funny Money” (Oil & bank crash 1980ties)
Simon Lack – “The Hedge Fund Mirage”
Nassim Taleb – “Antifragile”
Business & biographies
Ed Thorpe – A Man for all Markets
Clayton M. Christensen – The innovator’s dilemma
Jim Collins – “Built to last”
William M. Thorndike – “The outsiders”
Alfred P. Sloan – “My years with General Motors”
Louis V. Gerstner – “Who says Elephant can’t dance ?”
Les Schwab – “Pride in perfomance – Keep it going”
Marc Robichaux – “Cable cowboy – John Malone and the riso of modern Cable Business”
Andy Grove – “Only the Paranoid survive”
Christiane Correa – “Dream Big – The 3G story”
Ashlee Vance – “Elon Musk: Tesla, SpaceX and the quest for a fantastic future”
Matt McCleery – “The shipping man”
Jürg Wegelin – “Mr. Swatch – Nicholas Hayek and the secret of his success”
Tim Clissold “Mr. China” and “Chinese Rules”
Carey/Morris – “King of Capital (Blackstone, Steve Schwarzman)”
Alan Wurtzel – “Good to Great to Gone: The 60 year rise and fall of Circuit City”.
Gregory Zuckerman – “The Frackers”
Venture Capital
Jason Calacanis – “Angel – How to invest in technology startups”
Brad Feld, Jason Mandelson – “Venture Deals”
Management
Ben Horowitz – “The hard thing about hard things”
Jim Collins – “Great by choice”
Eric Ries – “The lean startup”
Entertaining
John Rolfe – Monkey Business: Swinging Through the Wall Street Jungle
Geraint Anderson – Cityboy: Beer and Loathing in the Square Mile
Levitt/Dubner – “Think like a Freak”
value and opportunity 
Is there any publication on portfolio construction or position sizing you would recommend?
hmm, I think you could tr
y maybe “Fortune’s formula” as a starter
Is there a particular reason you don’t recommend any Damodaran books?
No
Magier der Märkte I und II, mMn neben Edwin Lefevre – Reminisicences of a stock operator die besten Bücher
Wow, more than 2 years have passed. The dirty cheap stock PSB gone to $24M market cap in 2015 and now turned back to $8M. Cheap price, bad biz..
I am learning more about good biz. Thank for your review of the book “Capital Returns”.
Bin gerade an: The Showball: Warren Buffett and Business of Life. Vermisse das noch auf der Liste….
is it possible to still buy fiat here and sell them at 7.75? What does one need to do?
thnx
No, it’s not possible anymore. You would have needed to buy them 3 days ago.
Great list. I am reading ‘Fooling Some People All the Time” now. Thanks for the recommendation.
I’m a value investor from Viet Nam(South East Asia). You have a great blog, contain many useful material.
thanks for you comment. Any recommendations for Vietnamese or other south east asian stocks ?
I have experience with Vietnamese market only. My kind of stocks might be too small and too illiquid for you guys.
If you are interested, check this PSB ticker. (Market Cap is around $8.8M, Net Cash $13.2M, no catalyst, no earning)
http://www.vcsc.com.vn/Modules/Analysis/Web/CompanyAZ.aspx?tab=2&MenuID=5&cat=4&id=562&subcat=2&subtab=quarter&unit=2&lang=en-us
Not very screaming buy, but it’s ok and easy to describe ^_^. Have you ever invested in South East Asian?
Great, thanks. That is very helpful.
When a list like this contains many books I also enjoyed a lot, I am very open to the other recommendation. Thanks.
What I miss in many book list about value investing though, are books on accounting.
I have never been at business school or had any formal training in accounting practices, but that doesn’t keep me from trying to become a more serious investor. But I find it difficult to find good books that focus on valuing a company and really go into the accounting details at the same time. There are either accounting lesson books, which are certainly helpful for those who want to become an accountant (or pass the test in business schools) or in general on value investing principles (but somehow avoid going into details). So as long as I haven’t mastered the accounting I feel a bit like Mungers one legged man in an ass kicking contest.
Do you have recommendations? Or how did you master this skill?
Hi Richard,
personallyI do not know a single book or so. The best recommendation from my side would be to get hold of the CFA stage II accounting material. Maybe you can get cheap copies of the Schweser study notes from any past year. In my opnion, this is the best stuff available. Very thorough and practically.
MMI
Okay, this question is some years old, but maybe the answer helps someone else. For me, one of the best books on accounting in the context of investing is “Why stocks go up and down” by William H. Pike. I discovered this from a book recommendation by Michael Burry for starting investors referenced on the ValueWalk blog. I think it is really good book for understanding basic accounting concepts and their relation to investing.
I have check out a couple of books that I otherwise would not have know about if it wasn’t for your list. Thanks.
Must Read!
James Montier – Value Investing: Tools and Techniques for Intelligent Investment
Ben Graham – Security Analysis
ValuHunter,
thanks. I will add them to the list.
mmi
Ich hätte die Essays von Buffett noch dazugenommen…
http://www.amazon.de/gp/product/0470824417/ref=ox_sc_act_title_1?ie=UTF8&m=A3JWKAKR8XB7XF
bzw. deutsche Version
http://www.amazon.de/Essays-von-Warren-Buffett-Unternehmer/dp/389879086X/ref=sr_1_3?ie=UTF8&qid=1322650030&sr=8-3
Danke, nehme ich gerne auf.