
Chosen by shared topics, the entries that hold them, and the people who recommended both.
Introduces expectancy, R-multiples and position sizing to a general audience.
Recommended by: Mohnish Pabrai
Global macro managers on how they build trades.
Reflexivity, where beliefs move prices and prices move facts, tested in a live diary.
“The Alchemy joins Reminiscences of a Stock Operator as a timeless instructional guide to the marketplace.” — Paul Tudor Jones
Source: Tudor Jones pairing it with Reminiscences of a Stock Operator
Recommended by: Guy Spier, Paul Tudor Jones, Peter Cundill and 3 others
Hedge funds from Alfred Winslow Jones in 1949 through Soros, Robertson and beyond.
“It's hard to imagine anyone will ever write a better book on the subject.” — Paul Graham
Source: Paul Graham on X (Apr 8, 2021)
Recommended by: Mohnish Pabrai, Paul Graham, Josh Wolfe and 1 other
Templeton's method: buying at the point of maximum pessimism worldwide
“There are a few books - really not that many which I believe are indispensable reading for every serious investor: The Templeton Touch by William Proctor.” — Peter Cundill
Source: Cundill's list of books indispensable for every serious investor
Recommended by: Mohnish Pabrai, Peter Cundill
Topics