The Sleuth Investor Book Review

The Sleuth Investor

The Sleuth Investor by Avner Mandelman is a different kind of investment book than most other financial books which cover more traditional aspects of investing.  This book focuses squarely on what a small investor (or firm) should be doing in order to gain an advantage against the rest of the market.  As the title depicts, the advantage investors with a smaller capital base can gain is by physically “sleuthing” the target investment company.  Because many analysts and larger investment firms do not do much physical investigation, one can theoretically gain an advantage by doing the more difficult work. The...

The Basics of Understanding Financial Statements Book Review

The Basics of Understanding Financial Statements Book Review The Basics of Understanding Financial Statements: Learn How to Read Financial Statements by Understanding the Balance Sheet, the Income Statement, and Cash Flow Statement by Mariusz Skonieczny This is a pretty simple book, and covers the basics of the three financial statements that investors use to determine the quality and value of a business.  The target audience of this book is definitely a novice in understanding financial statements.  Most of the information can be easily found online on various websites, but it is nice to have everything combined into a single...

The Outsiders Book Review

The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success by Will Thorndike I highly recommend reading this book if you have not done so.  A lot of investors have already read this book, so I’m a little late to the game however it’s a very useful look into the details of 8 CEOs whom have  provided exceptional returns over a long period of time for their investors.  Everyone is familiar with Warren Buffet and his amazing record of running Berkshire Hathaway, however, most will not recognize all of names of the CEOs that are covered in the...

Behavior Economics Reading List

I do a lot of reading about finance, stock investing, economics, real estate, and business.  I’ve created a value investing reading list that tries to aggregate all of the investing books that a value investor should read.  Of course, the list is quite long, so I’m trying to write reviews on all of them to help people decide the priority of reading each book.  Eventually I would like to gather everyone’s feedback to rate each of the books, so I would have a crowd-sourced ranked list. The list that I created is focused on investing, but everyone should also...

Book Review: Value Investing – From Graham to Buffett and Beyond by Bruce Greenwald

I finished reading Value Investing: From Graham to Buffett and Beyond which is written by Bruce Greenwald, and Judd Kahn.    The book was published in 2001, which is 11 years old now.  The book is broken up into 3 sections: Section 1 is an introduction to Value Investing, Section 2 discusses the three sources of value, and the last section covers profiles of eight value investors. Section 1: Introduction to Value Investing The first section is a pretty basic introduction to value investing, covering definitions, along with some results to provide credibility to value investing.  This section just...