"The greatest of all talents is
the ability to recognize the true value of things."
La Rochefoucauld. Maximes.
Dun & Bradstreets Guide to
Your Investments, 1997. Crowell, 1997. A comprehensive, annually-updated
investing primer with a list of recommended resources and additional readings at the end
of each section.
Dunnan, Nancy. How to Invest
$50-$5,000: The Small Investors Step-by-Step, Dollar-by-Dollar Plan for Low-Risk,
High-Value Investing. HarperPerennial, 1995. Financial columnist and
author Dunnan focuses on investment strategies for those with just a small amount of
capital to invest.
Engel, Louis & Henry Hecht. How
to Buy Stocks. Little, Brown, 1994. The 8th edition of a
popular stock market guide written with the novice investor in mind.
Investors Business Daily Guide
to the Markets. Wiley, 1996. A slightly more technical look at the market from
the editorial staff of Investors Business Daily, the Los Angeles-based
national investment newspaper.
Leonard, Frances. Time Is Money: A
Million-Dollar Investment Plan for Todays Twenty- and Thirty-Somethings. Addison
Wesley, 1996. Leonard uses the often under-appreciated power of interest compounding
over time as the cornerstone of her investment plan.
Tobias, Andrew. The Only Investment
Guide Youll Ever Need. Harcourt Brace, 1996. A succinct, breezy and
entertaining guide to the world of invesdting from one of Americas best-known
personal finance experts.
Tyson, Eric. Investing for Dummies.
IDG, 1996. Any book in the "Dummies" series is usually an excellent
starting-off point for the novice. Combining a lively, engaging presentation style with
dependable content, this volume is no exception.
Carlson, Charles. Buying Stocks
Without a Broker: Commission-Free Investing Through Company Dividend Reinvestment Plans.
McGraw-Hill, 1996. A guide to Dividend Reinvestment Plans (DRIPs) with a directory
of companies offering the program and some sample portfolios.
Carlson, Charles. No-Load Stocks:
How to Buy Your First Share & Every Share Directly from the Company with No
Brokers Fee. MsGraw-Hill, 1997. A growing number of companies now offer
you the opportunity to buy stocks directly from them. Carlson discusses the process and
provides a directory of more than 145 companies offering the program.
Chai, Alan. Cyberstocks: An
Investors Guide to Internet Companies. Hoovers Business, 1996. For
those wishing to speculate in the volatile area of Internet stocks, this book discusses
the industry and profiles 101 companies in the field. Text updates are offered in a
companion Web site at http://www.cyberstocks.com
Dreman, David. The New Contrarian
Investment Strategy. Random, 1982. Dremans investment
strategy involves tracking market trends, investing opposite to those trends, and
concentrating on stocks with a low Price/Earnings ration.
Dunnan, Nancy and Jay J. Pack. Market
Movers. Warner, 1993. An easy-to-understand explanation of how factors such as
the inflation rate, budget deficit, or actions of people such as the chairman of the
Federal Reserve Bank can affect the value of your investments, with suggestions on how you
can respond to protect those investments.
Gardner, David and Thomas Gardner. The
Motley Fool Investment Guide: How the Fool Beats Wall Streets Wise Men and You Can
Too. Simon & Schuster, 1996. The architects of the successful Motley
Fool investment site on America Online share their secrets in print format. They now also
have a site on the World Wide Web at http://www.fool.com
Gianturco, Michael. How to Buy
Technology Stocks. Little, Brown & Company, 1996. A science and technology
columnist with Forbes magazine, Gianturco looks at the history and current trends
in the major high technology industries, discussing investment opportunities in some of
todays leading and emerging companies.
Hulbert, Mark. The Hulbert Guide to
Financial Newsletters. Dearborn Financial, 1993. Hulbert (The Hulbert
Financial Digest) focuses on 123 of the leading investment newsletters and provides
evaluative reviews together with contact and subscription information.
Loth, Richard. How to Profit from
Reading Annual Reports. Dearborn Financial, 1993. How to understand and use to
your advantage one of the most important sources of company information.
Lowe, Janet. Value Investing Made
Easy. McGraw-Hill, 1996. Warren Buffett attributes much of his success to the
application of Benjamin Grahams investment strategies. Here Lowe provides a
user-friendly guide to Grahams theories.
Malkiel, Burton G. A Random
Walk down Wall Street: Including a Life-Cycle Guide to Personal Investing. Norton,
1996. An entertaining guide to the stock market and the various investment
strategies and statistical tools used by the experts to predict it, including
Malkiels own random walk theory.
OHiggins, Michael with John
Downes. Beating the Dow: A High-Return, Low-Risk Method for Investing in the Dow Jones
Industrial Stocks with as Little as $5,000. HarperCollins, 1991. The authors
recommend focusing on the 30 stocks that make up the Down Jones Industrial Average and,
within that context, suggest investment strategies that they say will enable you to
actually beat the Dow.
ONeil, William J. How
to Make Money in Stocks: A Winning System in Good Times or Bad. McGraw-Hill, 1995.
The founder of Investors Business Daily shares his formula for
successful investing based on a detailed analysis of 500 top-performing stocks over a
33-year period from 1953 to 1985.
OShaughnessy, James. What
Works on Wall Street: A Guide to the Best-Performing Investment Strategies of All Time.
McGraw-Hill, 1997. Using 43 years worth of data from Standard & Poors
Compustat database, OShaughnessy analyzes various investment strategies to determine
which work most effectively over time. For those with a statistical bent.
Scott, David L. The Guide to
Investing in Bonds: How to Build Your Wealth by Mastering the Basic Strategies. Globe
Pequot, 1997. Succinct introduction to the world of bonds, including bond funds.
Scott, David L. Municipal
Bonds: The Basics and Beyond. Probus, 1992. The fundamentals of investing in
bonds issued by states, cities, towns, and authorities.
Siegel, Jeremy. Stocks for
the Long Run: A Guide to Selecting Markets for Long-Term Growth. Irwin, 1994.
Siegel believes stocks are a safer long-term investment than most other forms of investing
and provides a detailed historical analysis of stock market movements and trends to
support his claim. For the seasoned investor.
Stovall, Sam. Sector Investing.
McGraw-Hill, 1996. Discusses how to invest by industry group, offers brief overviews
of 90 industries, and makes stock buy, sell, and hold recommendations.
Weiss, Geraldine & Janet Lowe. Dividends
Dont Lie: Finding Value in Blue-Chip Stocks. Longman Financial, 1988.
Investment Advice Based on the theory that a strong connection exists between the
dividends a company pays over time and its stock market value.
Bogle, John C. Bogle on Mutual
Funds: New Perspectives for the Intelligent Investor. Business One Irwin, 1994.
An insiders guide to mutual funds from the founder of the Vanguard Group of
Gould, Carole. The New York Times
Guide to Mutual Funds. Times Books, 1992. A financial columnist with The
New York Times, Gould covers the basics of mutual fund investing.
Tyson, Eric. Mutual Funds for
Dummies. IDG, 1995. An informative introduction for the novice investor couched
in the chatty informal style that fans of the "Dummies" series enjoy.
UNITED WE STAND:
The Beardstown Ladies Investment Club
with Leslie Whitaker. The Beardstown Ladies Common Sense Investment Guide: How We
Beat the Stock Market &endash; and How You Can Too. Hyperion, 1994. With a
portfolio reputed to have outperformed the experts, the Ladies share their techniques and
OHara, Thomas E. & Kenneth S.
Janke. Starting and Running a Profitable Investment Club: The Official Guide
from the National Association of Investment Clubs. Times Business, 1996. A guide
to investment club start-up and to National Association of Investors Corporation (NAIC), a
non-profit organization that supplies support services to individuals and clubs. The
Association has a Web site at http://www.better-investing.org
Shaw, Kathryn. Investment Clubs: A
Team Approach to the Stock Market. Dearborn Financial, 1995. Shaw uses the
experience she gained from starting her own club to write this step-by-step
beginners guide to group investing.
HILLS: GLOBAL INVESTING
Dunnan, Nancy & Douglas Schaff. How
to Make Money Investing Abroad: Taking Advantage of New Opportunities in the Global
Marketplace. HarperCollins, 1995. The authors argue that an investment
portfolio should contain a certain percentage of foreign stock, both to lower the overall
risk and to take advantage of potentially profitable foreign markets. They discuss the
full range of investment opportunities available and present an overview of 25 countries
they consider to be of interest to investors.
Mobius, Mark. Mobius on Emerging
Markets. Financial Times/Pitman Publishing, 1996. A mutual fund manager for
Franklin/Templeton Advisers specializing in high-risk, emerging market area, Mobius
reviews his strategies and discusses developing markets in Africa, Asia, Latin America,
the Middle East, Southern Europe, and formerly Communist countries.
Rogers, Jim. Investment Biker:
Around the World with Jim Rogers. Adams Publishing, 1995. Investment banker
Rogers takes an around-the-world motorcycle trip to investigate investment opportunities
abroad first-hand and presents his findings in this unique travelogue, adventure story,
and investment guide.
HOW DID THEY DO
THAT? SOME TOP MONEY MAKERS
Hagstrom, Robert G. The Warren
Buffett Way: Investment Strategies of the Worlds Greatest Investor. Wiley, 1995.
A great story about one of the most successful investors ever.
Lynch, Peter with John Rothchild.
One Up on Wall Street: How to Use
What You Already Know to Make Money in the Market. Simon & Schuster, 1989.
Beating the Street: The Best Selling
Author of One Up on Wall Street Shows You How to Pick Winning Stocks and Develop a
Strategy for Mutual Funds. Simon & Schuster, 1993.
The very successful manager of the
Fidelity Magellan Fund, Lynch shares his investment strategies in these two highly
readable and informative titles.
The Money Masters. Harper & Row, 1980.
The New Money Masters: Winning
Investment Strategies of Soros, Lynch, Steinhardt, Rogers, Neff, Wanger, Michaelis, Carret.
Harper & Row, 1989.
In The Money Master, Train
devotes a chapter each to Buffett, Cabot, Fisher, Graham, Kroll, Rowe Price, Templeton,
Tisch, and Wilson, among the top post-World War II investors . The New Money Masters
profiles some contemporary investment leaders.
Fishers, Philip A.. Common Stocks
and Uncommon Profits and Other Writings.Wiley, 1996. Proponent of growth and
qualitative investing, Fisher is one of the leaders in modern investment theory; his book,
first published in 1958, is still of value today.
Graham, Benjamin. The Intelligent
Investor: A Book of Practical Counsel. Harper & Row, , 1973.
Grahams classic on value investing.
Lefevre, Edwin. Reminiscences of a
Stock Operator. Wiley, 1994. A fictionalized version of Jesse Livermore's
life, a stock market trader who made and lost several fortunes in his lifetime. First
published in 1923, his book is still popular with todays investors.
Loeb, Gerald. The Battle for
Investment Survival. Wiley, 1996. A prominent Wall Street broker when this book
was first published in 1935, who had himself survived the 1929 market crash, Loeb warns of
the perils of the stock market, sharing his own sometimes unconventional investment
MacKay, Charles. Extraordinary
Popular Delusions and the Madness of Crowds. Wiley, 1995. A nineteenth-century
collection of real-life cautionary tales illustrating the dangers of following the crowd,
especially in matters financial.
Schwed, Fred. Where Are the
Customers Yachts?, or, A Good Hard Look at Wall Street. Wiley, 1995. A
professional leader who lost a lot of money during the stock market crash of 1929, Schwed
wrote an entertaining send-up of Wall Street that is applicable today as it was when first
published in 1940.
CHOICE FOR THE YOUNG INVESTOR
Clason, George S. The Richest Man in
Babylon. Hawthorn/Dutton, 1955. Lessons in money management and the
principles of sound capital investment, in the form of parables, show how the virtues of
thrift, hard work, and application to duty, together with sound judgment, can lead to the
accumulation of wealth.
Fisher, Clayton, P. The Stock Market
Explained for Young Investors: The Perfect Stock Market Start-Up Kit for Any High School
or College Student. Business Classics, 1993. Grandson of Philip Fisher (Common
Stocks and Uncommon Profits), the author keeps finance in the family with this
excellent introductory guide to investing.
Lynch, Peter & John Rothchild. Learn
to Earn: A Beginners Guide to the Basics of Investing. Fireside, 1996.
C1995. Using examples that would appeal to the young investor, Lynch (One Up on
Wall Street) offers an entertaining review of the growth of the capitalist system, the
origin of public companies, and the business of investing.
Seto, Matthew & Steven Levingston. The
Whiz Kid of Wall Streets Investment Guide: How I returned 34 Percent on My
Portfolio, and You Can, Too. Morrow, 1996. A primer on investing by Seto
who, at sixteen, was profiled by the Wall Street Journal when his family-based
mutual fund portfolio outperformed the experts.
Farrell, Paul B. Investors
Guide to the Net: Making Money Online. Wiley, 1996. A guide to online investment
sites and to financial resources available on the Internet.
Pfaffenberger, Bryan and Claire Mencke.
The Savvy Investors Internet Resource. IDG, 1996. How to track down
financial information on the Internet, with a directory of World Wide Web investment
The Financial Data Finder
A comprehensive list, compiled by the Department of Finance, Ohio State University, with
links to many key finance and investment resources on the Internet.
A guide to financial and economic resources on the Internet, with something of an academic
bent, offers many sites of interest to the individual investor.
In-depth information on more than 7,500 mutual funds.
Offers delayed stock and mutual fund data quotes as well as access to sites with extensive
company news and data.
U.S. Securities & Exchange
At the SEC site you can access corporate reports, mutual fund prospectuses, and even lodge
a complaint against your broker online.
Wall Street Research Net
A useful site for research publicly traded companies and mutual funds and for locating
financial and business information on the Web.
Compiled and annotated
by Eileen Sherman. General Library, Adult Reader and Information Services, Boston
Public Library, 1997.