Published: August 15, 2020
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Investing book recommendations. In order —

Before anything else, focus on the process. 2/14

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Next is execution of the process — the ability to focus, developing a healthy rhythm and being resilient through the tough phases. Put your heart on the line and when pushed, push back harder. 3/14

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Risk before Return. To succeed you have to first survive. (The whole of Incerto series but if you could read only one —) 4/14

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Failure is a good teacher. Knowledge via negativa is more reliable. Always, invert. 5/14

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Learn the language of finance — accounting. 6/14

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Foundation to build your latticework on — (Would recommend the illuminated edition of The Most Important Thing) 7/14

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One of the most underrated and important Investing books. Lot of insight backed by data. 8/14

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The masters — 9/14

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The fund managers — Berkshire AGM transcripts & Seth Klarman letters. Notice how Seth handled himself during the Tech bubble, how clearly he articulated and communicated his philosophy. If you understand the Berkshire transcripts, you need little else. And these: 10/14

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The toolbox — A lot of Mauboussin papers are available online for free. They are a great resource. 11/14

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Business stories — 12/14

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Coping with the stresses of Investing — 13/14

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If you buy into Bogle’s philosophy (and the evidence keeps on piling that you should) then you don’t need to read any of the above. Just Index. 14/14

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