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

Latticework – The New Investing


Book Title: Latticework – The New Investing
Author(s): Robert G. Hagstrom
Rating: $$
Comment: The book is either too stretched or too short for its message/purpose. Avoid it

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. The book advocates a multidisciplinary approach to investing. Individual chapters are devoted to different disciplines (other than finance), showing their influence on investment thinking

Q. Is this book meant for me?
A. Not really if you were attentive during your school days

Q. Would it help me become a better investor?
A. I am not sure

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

Q. Is it academically bent and laced with jargon?
A. Neither of above


Author’s Bio (from the book’s jacket or elsewhere):
Robert G. Hagstrom is Senior Vice President and Director of Legg Mason Focus Capital. He has authored the New York Times best-selling The Warren Buffett Way and The Warren Buffett Portfolio, as well as The NASCAR Way. Robert lives with his family in Wayne, Pennsylvania.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)