The Interpretation of Financial Statements
Book Name : The Interpretation of Financial Statements
Author : Benjamin Graham
What is it about : An all-time classic which anyone remotely interested, involved or employed in the financial, business and accounting industries must have a thorough read. The book was written by Warren Buffet's mentor in a clear, concise and precise manner that left no stones unturned in this immensely interesting and complicated topic. In the end, the reader will have a good idea in un-raveling the ABCs of a typical financial statement.
Some thoughts after having read the book : Surprisingly readable, lucid, interesting and packed solid with explanations. Having seen the ups and downs of the stock markets and booms and busts of seemingly hopeless and meteoric companies, of the past three to four decades, the book oozes class and is still extremely relevant in the modern e-commerce days.
Would I recommend this book to you : If you enjoy reading company annual reports as a form of post-dinner relaxation or as a hobby like Warren Buffet, this book is a "must" as the book details all those technical jargons and what they really mean to your bottom line. However, this is really a sit-down-and-work-it book and so I would not be seen with it on a beach.
Author : Benjamin Graham
What is it about : An all-time classic which anyone remotely interested, involved or employed in the financial, business and accounting industries must have a thorough read. The book was written by Warren Buffet's mentor in a clear, concise and precise manner that left no stones unturned in this immensely interesting and complicated topic. In the end, the reader will have a good idea in un-raveling the ABCs of a typical financial statement.
Some thoughts after having read the book : Surprisingly readable, lucid, interesting and packed solid with explanations. Having seen the ups and downs of the stock markets and booms and busts of seemingly hopeless and meteoric companies, of the past three to four decades, the book oozes class and is still extremely relevant in the modern e-commerce days.
Would I recommend this book to you : If you enjoy reading company annual reports as a form of post-dinner relaxation or as a hobby like Warren Buffet, this book is a "must" as the book details all those technical jargons and what they really mean to your bottom line. However, this is really a sit-down-and-work-it book and so I would not be seen with it on a beach.
Random Walk Down Wall Street
Book Name : Random Walk Down Wall Street
Author : Burton G. Malkiel
What is it about : The amazing history and stories of the world's many stock markets are well presented here - from the tulip craze to the dotcom bust. The author also explains in great details the theories and methods used in predicting and analysing the stock indices and trends; namely fundamental analysis and technical analysis and conclude with the remarks that the end results differ little from a blind-folded monkey throwing random darts at the dart board.
Some thoughts after having read the book : But how very true ! The readers are presented with statistics and facts that make you wonder what is the point in paying the fund managers to do your investing, as they never beat the average ! The book is full of examples in demonstrating the herd instincts of the common investor with the often short-lived optimism and confidence followed by the dire end-of-the-world pessimism in picking the right/wrong stock.
Would I recommend this book to you : A fascinating read ! Even though you are not versed with the intricacies of the "technical" side of the stock markets, the history and the amazing crazy levels people can be elevated to, by their sheer greed and fear will make you turn the pages like a popular fiction.
Author : Burton G. Malkiel
What is it about : The amazing history and stories of the world's many stock markets are well presented here - from the tulip craze to the dotcom bust. The author also explains in great details the theories and methods used in predicting and analysing the stock indices and trends; namely fundamental analysis and technical analysis and conclude with the remarks that the end results differ little from a blind-folded monkey throwing random darts at the dart board.
Some thoughts after having read the book : But how very true ! The readers are presented with statistics and facts that make you wonder what is the point in paying the fund managers to do your investing, as they never beat the average ! The book is full of examples in demonstrating the herd instincts of the common investor with the often short-lived optimism and confidence followed by the dire end-of-the-world pessimism in picking the right/wrong stock.
Would I recommend this book to you : A fascinating read ! Even though you are not versed with the intricacies of the "technical" side of the stock markets, the history and the amazing crazy levels people can be elevated to, by their sheer greed and fear will make you turn the pages like a popular fiction.