My Bookshelf

This page contains some of my most favorite books (and occasionally magazine articles or blog posts) that have helped shape my thinking.


Rich Dad, Poor Dad by Robert Kiyosaki
Some may wonder, of all books, why did I put this one at the top of my list. That is because in my opinion, this is one book that everyone should read.It makes personal finance "personal". Helps understand some fundamental concepts about money and creates a foundation for creating passive income over active income. A must-read.

Intelligent Investor by Benjamin Graham
Ben Graham, the father of value investing, wrote this great book for non-expert investors as a follow-up to his classic, but much more "difficult" book Security Analysis. Provides an excellent investment framework.

The Warren Buffett Way by Robert Hagstrom
Wonderful introduction to the "greatest-of-them-all". Provides a very high level biography and focuses on Buffett's top stock picks and why he chose them. As good a book as any in terms of an introduction to Buffett.

Margin of Safety by Seth Klarman
This book is not in print any longer and some physical copies are sold upwards of $1,000. But, pdf versions are freely available on the internet. This is one of the great value investing books and provides glimpses into the mind of one of the greatest investors of all times. Personally, my respect for Seth Klarman is nearly at par with Buffett in the investment department, so I may be a bit biased here. This book goes into detail of how to pick stocks, build a portfolio, the pitfalls et al. This book is intended for experienced value investment practitioners.

The Most Important Thing by Howard Marks
This book would be up there in the excellent category. I just finished reading it a few days back and would recommend it for advanced investors. It focuses on Howard Marks' philosophy of value investing and he takes you through factors which he has seen work in markets over 30 years of his experience.

One Up on Wall Street by Peter Lynch
Great introductory book by a good investor. I lover reading this book and I think it has great nuggets of wisdom. But, with all due respect to Lynch and his zillions of fans, I think his track record is too short to bestow on him the "great investor" tag. But, a good, simple introductory book for investors getting started. For more experienced investors, I would think you can skip this one.

Beating the Street by Peter Lynch
Here Lynch actually takes up specific stock picks and walks through the logic he used when investing in them. Excellent one, specially for someone focusing on small & mid cap stocks. Highly recommended for advanced investors.

6 comments:

  1. Nice summary Abhishek.. Great effort. Keep it up, it will be very useful for many new and intermediate investors.

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  2. Hi abhishek, I have got some shares of sintex and was looking at your analyses of the same. it does look like a companies that can be a good bet.
    I was looking at your book shelf and was wondering if you have a pdf copy Margin of Safety by Seth Klarman.as i could not find the copy over the internet and the print one is really expensive.

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    Replies
    1. Send me your email id and I can mail it across to you. But the pdf is actually freely downloadable on the net on many sites.

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  3. Sir..Please share some tips how to analyse a stock

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  4. Sir I have noticed a common thing among investors of India like you In many blogs are not suggesting books on valuation ,any reason....






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    Replies
    1. There are a lot of good books on valuations that one can read. However the challenge is that, in my opinion, valuation is more an art than a science. So, like you cannot learn to play the guitar by reading about it, you cannot learn valuation by reading about it. You need to have some basic frameworks in your mind and then just go ahead and start applying them in as many situations as well.

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