Icebreaker question for new members

As a US-based investor, I’m a fan of many mentioned here. Thumbs up for all things Motley Fool. I would add the content (podcast, YouTube) and the service from 7 Investing - https://7investing.com/. Brian Feroldi’s YouTube is helpful for financial education and investment analysis.

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Livewire

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Many of the books listed already plus:

  • The Five Rules for Successful Stock Investing: Morningstar’s Guide to Building Wealth and Winning in the Market - Pat Dorsey
  • The Little Book of Behavioural Investing: How not to be your own worst enemy – James Montier
  • Berkshire Hathaway annual reports, letters to shareholders, owners manual http://www.berkshirehathaway.com/
  • James Cornell share selection methods http://www.stockmarket.co.nz/backissues/shareselection.pdf
  • The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success – William N Thorndike Jr.
    *Business Adventures: Twelve Classic Tales from the World of Wall Street – John Brooks
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Farming1 we have been worried about you, the ones that matter anyway and have missed your input.

Hi Bungie , nice to hear from you . I haven’t been very well but I am well over the worse and on the mend , prognosis is great . In Feb our Erin refused to give me EO membership ( where there is no forum :slight_smile: ) and refunded the SA subs to me in full . I hope everyone is keeping well and I miss discussing stocks with you and few others there. I am planning to come back just in time for the start of reporting season this month. I hope your stocks have been looking after you . Best

Market Wizard,

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I was on the money then. So happy to hear you are on the mend and positive prognosis. 17.99% FY return after doubling my PF value in Jan/Feb with new funds so I cannot complain.

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I am currently reading for the third time The Naked Trader, its my bible and I highly recommend it.

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Those are great numbers Bungie , especially if you count the early funds on their own , I have done well too,but not as well as that , mind you in US I did just over 56% but on very much smaller money than I have on ASX. I have not added any money to US for well over 9 months which turns out was a mistake . This 21/22 I’m planning to give ASX a bloody nose :slight_smile:

She’s On the Moneh with Vicfoeia Devine

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https://thedeepdish.org/ - Richard Meadows.

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Certainly the most eye opening books I have ever come across are those by Michael Lewis, from Liar’s Poker to The Big Short and Flash Boys. Let the investor beware and know that there are people behind the scenes often influencing the market for their personal benefit, as well as rigging stocks to go up & down and sideways. And watch those hedge funds for what they’ll do to a stock.

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Port Phillip Publications/Ryan Dinse

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barefoot investor

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I will add to this list Thinking in bets by Annie Duke.
And also endorse Mark Douglas books and YouTube series.

The Richest Man in Babylon. It’s a bit folksy, but it was so influential in making crystal clear to me what the foundations of good financial discipline are. A lot of it would be regarded as “common sense” but the kind you need to hear to understand how important the basics are before moving to more complex products and asset classes. The audiobook is an easy listen.

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  • Motivated Money by Peter Thornhill
  • Peter Switzer on Youtube.
  • Fire and Chill by Pat and Dave on Podcast.
  • The Business on ABC
  • CNBC on Foxtel.

James Cornell in younger years
Index funds in later years.
Have a time frame for your investment strategy. When you are older you don’t have as much time to recover from the mistakes you will make as part of the learning process.
Peter Lynch - One up on Wall St.

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The Art of Execution - by Lee Freeman-Shor

Buffetology by David Clark and Mary Buffett