Reading books is a smart alternative to “learning by doing” and especially when you are in the business of managing money, it certainly pays making friends with top minds in the business. However, not all books are made equal and neither is our spare time infinite to peruse through most of the titles on the shelf. Being a lousy socializer has its own virtues; I get loads of time making friends with eminent dead (and alive too). This blog lists out the few investment books that I have read or intend to read and carries my recommendation (review in few cases) on the same.

This blog is also a vent for me to publish my cynical take on investing and all that crap and noise associated with it. This, however, should not imply that the idea behind the blog is to separate the chaff from wheat (I have no clue what they look like). On the contrary, the thoughts and the recommended books will only add to the already smoky scene. These thoughts however would be very sporadic and will address issues of “fundamental nature” rather than “current noises”.

Also included in the blog are links to resources which provide quality content for free (more or less). Feedback sans the four letter word f*** (and other words of similar disposition) are welcome

Legends (Book Rating)
$$$$$ - Beg, borrow or steal but do read
$$$$ - A must read
$$$ - Certainly worth your dollars and time
$$ - Charity will be a better alternative
$ - I do not read/review trash

Tuesday, July 24, 2007

Empire of Debt

Book Title: Empire of Debt – The Rise of an Epic Financial Crisis
Author(s): Bill Bonner and Addison Wiggin
Rating: $$$$
Comment: Very critical (and rightly so) of USA’s economic and foreign policy. Strong proponents of conservative and traditional thinking, which has stood the test of times (centuries). Let this book be your devil’s advocate

FAQ:

Q. Which of the following areas is the book best geared at; Investment Philosophy, Hands on Stock Picking, Big Picture/Macro Analysis, Fresh Perspective on Investing, etc?
A. A big picture book

Q. Is this book meant for me?
A. A must read for everyone

Q. Would it help me become a better investor?
A. If you swear by Keyne’s: “In the long run we are all dead”, this is book is not for you.

Q. Is the style of the book dry and boring?
A. It’s a fascinating journey

Q. Is it academically bent and laced with jargon?
A. The authors are very critical of Allan Greenspan



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