On this page, you'll find all kinds of trusted resources, courses, books, guidance and tools to help you become a better investor.
This section will provide you with trusted resources to help you find investing ideas.
Barron's Magazine is a periodical I read every single week and find it to be a great source of information about what's going on in the world, and specific investment ideas. One of my highest-return investments came from an article in Barron's, and I recommend it for anyone as a great resource.
Gurufocus.com is a fantastic website for all kinds of investing information. They have data going back 20 years (by subscription) for companies. I use their company financial information in my analysis.
The Manual of Ideas is one of the best value-investing newsletters (and a book) out there.
Many value fund investors use this newsletter to source deep-value ideas. The creator, John Mihaljevic, and his team scour the investment universe to source the ideas in the newsletter.
If you are interested in the book, I highly recommend it. Of many things you will learn, one of the most important is that John covers a lot of the ponds that value investors fish in.
Increase Your Income:
This section will provide you with trusted resources to help you earn more money. Increasing your income and reducing your expenses leads to more invest-able cash.
Ramit Sethi has created one of the most successful courses that teach people to earn money on the side. The course is called Earn $1k, as earning an extra thousand per month is the initial goal, but many students go on to earn significantly more than that!
Here are some conferences you can attend to be around investors that operate at an elite level
If you are looking for a conference to go to on your continent that will be full of value-investors, look no further than ValueConferences.
These conferences are chock full of expert instruction, variant views, and money-making ideas.
Conferences include: European Investing Summit, Best Ideas, Asian Investing Summit, and Wide-Moat Investing Summit.
I've attended the Value Investing Congress in the past and find it to be one of the most useful conferences. You can mix it up with high-quality investors, share ideas, and usually come away with a great story or two.
Here is a list of investing books in my personal library. Suggested reading? All of them!
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Collins Business Essentials)The Intelligent Investor" is the book that started it all. Written by the godfather of investing, Benjamin Graham, this book gave birth to an entire class of value investors.
Graham was Warren Buffett's mentor, and a major reason for the tremendous start Buffett had as an investor.
This is the first book to read if you are serious about learning to invest for yourself.
Common Stocks and Uncommon Profits and Other Writings (Wiley Investment Classics) was another volume that Buffett found early on and was influenced by.
Philip Fisher's investing classic introduces the concept of "scuttlebutt" as a way to gather information about a company, its suppliers, customers, and products.
Put this one at the top of your list along with the Intelligent Investor.
Ever heard of a "10 bagger?" It was Peter Lynch who described a 10x return in such terms.
In this classic investing book "One Up on Wall Street", Lynch was known for investing in high-growth companies such as retail store chains (before the internet began eating them alive).
Peter also was a proponent of "investing in what you know" as a way of improving your odds of getting market-beating returns.
I love 10 baggers too!
The Snowball: Warren Buffett and the Business of Life recounts the life and times of Warren Buffett. The legendary Omaha investor has never written a memoir, but now he has allowed one writer, Alice Schroeder, unprecedented access to explore directly with him and with those closest to him his work, opinions, struggles, triumphs, follies, and wisdom. The result is the personally revealing and complete biography of the man known everywhere as “The Oracle of Omaha.”
Security Analysis is often referred to as the "bible of value investing." This is the master manifesto of capturing value from the stock market and was penned by the "Father of Value Investing" Mr. Benjamin Graham and David Dodd. Ben was Warren Buffett's mentor, boss, and instructor in Warren's early days of value investing.
This is a must-read for the most serious investors.
You Can Be A Stock Market Genius may sound a little full of it, but this book will change the way you look for investment ideas. Joel Greenblatt founded Gotham Capital and this book covers spin-offs, arbitrages and other very specific strategies that even retail investors can use to maximize profit and minimize risk.
Quality of Earnings is an excellent book for investors who like to focus on fundamentals and conduct valuations themselves. The book covers different ways companies manipulate earnings and cash flow to make them look better. It also covers accounting impacts that could be hiding better earnings or cash flow. This is definitely a book to have in your library.
The Warren Buffett Way was the first book I ever read about Warren. Hagstrom does a fantastic job covering the key investments that Buffett has made, and goes into detail about how Buffett valued the businesses that he acquired as pieces or in whole.
This book may be better to start with than The Intelligent Investor, because it is easier to read, shorter, and directly to the point.
The Battle For Investment Survival: How To Make Profits was written back in mid 1930's by a man who owned a brokerage on wall street for 35 years. G.M. Loeb had seen it all, clients who made money, and clients who lost their money.
His wisdom is distilled in this lesser known, but incredibly valuable book.
Distress Investing: Principles and Technique is Marty's treatise on investing in severely distressed companies, including Chapter 11 reorganizations. This book is for the advanced investor and contains some in depth and well-documented case studies. You won't be a complete investor without the tools that Marty teaches in this book.
In Graham's time, company reporting was not as heavily regulated and there were no Generally Accepted Accounting Principles (GAAP) to standardize reporting. Marty updated the concept of value investing using modern tools and modern reporting.
Value Investing: A Balanced Approach is Marty's beginner-focused book on value investing. This book is a great place to start if you want to learn the Whitman way. The book is structured to provide an excellent overview of the art of value investing, including a number of "resource conversion" strategies.
The Aggressive Conservative Investor is Marty's book for investors that already have a fundamental grasp of value investing basics. This book focuses on more in-depth explanations of various security analysis techniques, and evaluation of a company's paper trail.