Reading the classics of financial literature provides a distinct advantage in the markets.
This section present some of the lessons from knowledge into actionable insights. You will find the defensive strategies of Benjamin Graham, who emphasized the margin of safety, alongside Peter Lynch's approach to finding growth stocks in everyday life.
These summaries try to expose the mechanics of successful capital allocation. The focus is on enduring principles that withstand market volatility.
By studying these texts, it is possible to absorb the collective experience of history's most successful investors. This knowledge serves as a filter, helping to distinguish between temporary market noise and genuine business value.
It is an efficient way to build a robust mental framework for managing a portfolio.
Morgan Housel - The Psychology of Money
Benjamin Graham - The Intelligent Investor
Peter Lynch - One Up On Wall Street
Philip Fisher - Common Stocks and Uncommon Profits
HOUSEL, Morgan, 2020. The Psychology of Money: Timeless lessons on wealth, greed, and happiness. Petersfield: Harriman House. ISBN 978-0-85719-768-9.
GRAHAM, Benjamin, ZWEIG, Jason and BUFFETT, Warren E., 2006. The Intelligent Investor Rev Ed.: The Definitive Book on Value Investing. Revised ed. edition. New York: Harper Business. ISBN 978-0-06-055566-5.
LYNCH, Peter, 2000. One Up On Wall Street: How To Use What we Already Know To Make Money In The Market. New York: Simon & Schuster. ISBN 978-0-7432-0040-0.
FISHER, Philip A. and FISHER, Ken, 2003. Common Stocks and Uncommon Profits and Other Writings. New York: Wiley. ISBN 978-0-471-44550-0.