I have over four decades of experience working and innovating in the financial markets and have been a prolific contributor to academic and practitioner finance literature. I started my career at Salomon Brothers in 1984, where I became a managing director in the bond-arbitrage group, and in 1993 I was a co-founding partner of the hedge fund Long-Term Capital Management. I founded Elm Wealth in 2011 to help clients, including my own family, manage and preserve their wealth with a thoughtful, research-based, and cost-effective approach that covers not just investment management but also broader decisions about wealth and finances.
I loved how this “Little Book" gets right to the point and explains why every investor should include low-cost index ETFs in their portfolios. This is a great guide for beginners and old hands alike. It is a book devoted to simplicity.
I loved Bogle’s “Cost Matters Hypothesis” which is simpler and more relevant than the also important “Efficient Markets Hypothesis” that is taught in Finance 101 classes.
I felt this book empowered me to take control of my financial life. It’s a book I always recommend to people who are looking to improve their financial lives. I learned a lot from Vanguard founder John Bogle's 80+ years of experience and wisdom. Invest just 60 minutes in this book and reap a lifetime of informed, confident investing decisions.
The best-selling index investing "bible" offers new information and is updated to reflect the latest market data The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund veteran John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks the S&P 500 Stock Index. Such an index portfolio is the only investment that guarantees your fair share of…
I’m Darius Foroux (pronounced Dare-eus For-oe), and thanks for exploring my recommendations. As a former mutual funds advisor, I understand the complexity of finance, a lesson driven home when I lost two-thirds of my investment in 2007. Not wanting to repeat my costly mistakes, I earned degrees in business and finance, launched a business, and continuously educated myself on investing. The biggest thing I learned? Investing and wealth-building aren’t logical but emotional. I'm passionate about helping others achieve financial independence and live on their terms. My book empowers you to manage your emotions, build wealth, and enjoy life, regardless of the stock market's ups and downs.
As mentioned, I’m a big fan of Buffett’s investing strategy. That’s because it can be applied by anyone, even those who don’t work in finance–while yielding a good profit. Since I don’t want to be stressing over the markets daily, the best fit is a passive investing strategy.
This book gathers 50 years of Warren Buffett’s letters to Berkshire Hathaway shareholders, a great way to better understand the man’s thinking process. Buffett doesn’t only talks about how investing really works, he also shares his philosophy for life.
Warren E. Buffett first took control of Berkshire Hathaway Inc., a small textile company, in April of 1965. A share changed hands for around $18 at the time. Fifty letters to shareholders later, the same share traded for $226,000, compounding investor capital at just under 21% per year-a multiplier of 12,556 times.
This book compiles the full, un-edited versions of 50 years of Warren Buffett's letters to the shareholders of Berkshire Hathaway. In addition to providing an astounding case study on Berkshire's success, Buffett shows an incredible willingness to share his methods and act as a teacher to his many…
I'm fascinated by how our world operates, from the macro-level to the microlevel and metaphysics. It creates more depth and makes life infinitely colorful and exciting, even in the most mundane things. I've been studying personal development and spirituality for almost 20 years now, and I find the journey of growth and becoming to be rewarding. Books that help me expand my horizon and think differently enable this process, and I find that to be exciting.
Known as the Warren Buffer of Japan, Wahei Takeda was a billionaire and investor living in Japan that passed away in 2016. He had a philosophy of life that built upon the concept of gratitude. A mentor of mine met and studied with this man, and he shared that every day, every day, he has a practice of giving 1,000 gratitude. Not figuratively, but honestly, living in a state of gratitude. I have tried this and go back to the practice of giving 1,000 when I need to shake myself out of a rut. It’s transformational, and it’s hard. It usually takes me three days before I can get to 1,000 and the last 600 pushes me to see beyond the surface. Give it a try!
This is the story of Japan’s largest private investor, Wahei Takeda: how he made his fortune and how he thinks about money—making it, investing it and using it for good in the world—based on his profound teaching of maro, the core principle of his way of life and the foundation of his success. By learning about maro through the example of Wahei’s life, you can also become financially successful—and profoundly happy to boot.
Often called “the Warren Buffet of Japan,” Wahei Takeda is the most successful investor in the country, and no doubt he’s the happiest one, too! My success…
During college, I attended an inner-city black church during the years of the civil rights movement—and it changed the course of my life. My husband and I have lived in diverse neighborhoods and attended multicultural churches for most of our 56 years of marriage, realizing we have much to learn from our brothers and sisters of color. But the biggest influence that caused me to write theYada Yada Prayer Group novels was/is the prayer group of sisters of color that I’ve been part of for over 25 years. As we spent time together every week for years (!), these sisters helped turn my life and my faith upside down—or maybe “right side up.”
I didn’t know Rachel Held Evans personally, though I did meet her at one of the “Why Christian?” conferences she co-hosted with Nadia Bolz-Weber. But Rachel, who grew up in a white conservative culture like I did, boldly gave me permission to struggle with my faith, to dare to doubt cultural overlays on the basic truths of the gospel. This book—only partially completed when she died suddenly a couple years ago but finished from her various blogs and other writings by author-friend, Jeff Chu—continues to remind me that “wholehearted faith” is to “love God with my whole being and to love my neighbor as myself.” The two greatest commandments. It’s as simple—and as difficult—as that.
"A touching series of essays in which Evans, with Chu's invisible pen, explores how one might find a path forward in Christianity beyond conservative evangelicalism" -Eliza Griswold, The New Yorker
"Evans died at 37, but a beautiful new book captures her brave outlook. . . . I could not help but notice the poetry in Evans's prose. . . . What readers will find in these pages was someone deeply human: funny, irreverent, curious, wise, forgiving, nonjudgmental." -Maggie Smith, The Washington Post
A collection of original writings by Rachel Held Evans, whose reflections on faith and…
I’m Darius Foroux (pronounced Dare-eus For-oe), and thanks for exploring my recommendations. As a former mutual funds advisor, I understand the complexity of finance, a lesson driven home when I lost two-thirds of my investment in 2007. Not wanting to repeat my costly mistakes, I earned degrees in business and finance, launched a business, and continuously educated myself on investing. The biggest thing I learned? Investing and wealth-building aren’t logical but emotional. I'm passionate about helping others achieve financial independence and live on their terms. My book empowers you to manage your emotions, build wealth, and enjoy life, regardless of the stock market's ups and downs.
This book inspired Warren Buffett’s investing strategy and my personal investing strategy. It is not only about the stock market; it provides an investing philosophy I have applied in my life, business, finances, and career.
Its timeless wisdom and practical advice set it apart. Despite being published many years ago (1949), the lessons and insights presented are still relevant and applicable today. Every investor must be familiar with Graham’s value investing strategy. It’s the foundation of all long-term investing.
The classic bestseller by Benjamin Graham, "The Intelligent Investor" has taught and inspired hundreds of thousands of people worldwide. Since its original publication in 1949, Benjamin Graham's book has remained the most respected guide to investing, due to his timeless philosophy of "value investing", which helps protect investors against the areas of possible substantial error and teaches them to develop long-term strategies with which they will be comfortable down the road. Over the years, market developments have borne out the wisdom of Graham's basic policies, and in today's volatile market, "The Intelligent Investor" is the most important book you will…
The book inspires people to move mountains, to reach unimaginable goals. Phil Knight's lessons are inspiring and applicable to many parts of life. He had the tenacity and courage to never give up in focusing on his brand NIKE and of course today it is world famous.
At a very early stage he understood that turnover is for vanity, profit for sanity, but only cash is reality and he understands well that many good potential businesses fail because they run out of cash. I have no doubt that reading his book will inspire you.
'A refreshingly honest reminder of what the path to business success really looks like ... It's an amazing tale' Bill Gates
'The best book I read last year was Shoe Dog, by Nike's Phil Knight. Phil is a very wise, intelligent and competitive fellow who is also a gifted storyteller' Warren Buffett
In 1962, fresh out of business school, Phil Knight borrowed $50 from his father and created a company with a simple mission: import high-quality, low-cost athletic shoes from Japan. Selling the shoes from the boot of his Plymouth, Knight grossed $8000 in his first year. Today, Nike's annual…
I’ve long been fascinated by money and wealth and people’s relationship to them. I started my career as an estate planning attorney and then broadened my expertise to investing. I know that investing can seem scary due to the complexity of the financial markets and the overwhelming amount of investment products and strategies. But successful investing doesn’t have to be hard or scary. With the proper guidance, anyone can embark on a strategy of creating wealth through investing. Reading the right book is a good first step in the right direction.
Warren Buffett, considered the greatest investor of all time, manages a portfolio worth hundreds of billions of dollars.
However, Swedroe's teachings show that his core investment strategies can be replicated by any investor. In his book, Swedroe offers insights into Buffett's philosophy and practical guidance on building a diversified portfolio, managing risk, and making sound investment decisions.
The book is written in a clear and concise manner, with complex topics simplified, making it a great recommendation for novice investors.
Bedrock Investing Principles for Profiting in Today's Shaky Markets
If you wanted to create the next earth-shattering consumer product, Steve Jobs would be an ideal role model to follow. If you planned to become a great golfer, you might look to Arnold Palmer or Jack Nicklaus.
So, if your goals are to outperform other investors and achieve your life's financial goals, what should you do?
Think, act, and invest like the best investor out there: Warren Buffett. While you can't invest exactly like he does, Think, Act, and Invest Like WarrenBuffett provides a solid, sensible investing approach based on Buffett's…
I’ve been a professional investment advisor for over 50 years and it took me that long to figure out the best way for individuals to retire with a decent size multi-million dollar fortune. The books I recommend speak to this topic from some fascinating and different points of view. But why did it take so long? I don’t know. I suppose the obvious answers aren’t so obvious at first, especially in a business as complex as the securities industry. But I think I finally figured it out and the solution is so elegantly simple. My professional life’s work!
The book features the ideas of some of the most successful investors of all time, including Warren Buffett, Benjamin Graham, and John Bogle. What was it that made these investors so successful, and why are there so few of them? Money Masters was one of the first in a series of books about the success of some of Wall Street’s greatest investors and it is still relevant today. These books are especially useful in preserving the thinking of great investors after they pass on. The book adds fuel to the fire of the “Efficient Market Theory” which holds that the market is highly efficient and the only way you can beat it is through luck! Try telling that to some of these great investors!
An expert reviews the experts - new and updated appraisals of the winning investment strategies of the greatest financial wizards. Money Masters of Our Time is a reappraisal and revision of those money masters who have stood the test of time plus a look at new money masters. Train emphasises the parts of their various business careers that illuminate their investment techniques focusing on notable individuals whose decisions to buy and sell have actually made money grow. How do they reason? Where do they get their information? How much do they depend on fact and how much on psychology? What…
I am the Founder of Stellar Wealth Partners, a SEBI-registered Research Analyst firm and small case manager for investors in the Indian stock market. I am the author of the international best-seller on value investing, The Joys of Compounding. Once a strong foundation is created for a business, owners don’t work for money. Rather, money works for them. As an investor, your money is working for you 24/7. You are becoming wealthier with each passing second, alongside the increasing intrinsic value of your businesses. An investor builds earnings power through a business ownership mindset.
There are in general two approaches to accumulating wealth in the stock market. One is to time the market, buying stocks when they are cheap, and selling when they are expensive. The other is to find outstanding companies and hold them for the long term. Fisher prefers the latter. He recommends that investors should focus on finding stocks that have the highest profit compared to risk. The public often misinterprets this as meaning stocks that are the most undervalued, rather than those with prospects for the highest growth for the longest duration. High growth over many years outweighs the advantages of an undervalued stock with no growth potential due to compounded returns.
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction "I sought out Phil Fisher after reading his Common…
This book laid out for me the system Warren Buffett and other great
minds use to analyze investments.
I thought it was a great introduction
that took me into being able to practically not just think about how to
analyze investment opportunities but to actually do it—to actually use
the information I gleaned from the book. One of the big picture
takeaways was to think of a stock as if it is a bond.
I learned a ton from this book. It truly opened up new doors in my mind to how I think about investments in general.
Here at last is a book that reveals what the public really wants to know about this legendary investor: how he determines where he puts his money. From a team with privileged insight, Mary Buffett, a savvy CEO and Warren Buffett's former daughter-in-law, and David Clark, a successful portfolio analyst, comes Buffettology, the most detailed explanation ever of the billionaire's unique investment techniques. Using Warren Buffett's system to access a company's potential economic excellence and the right price to pay for its stock, Buffettology demonstrates the actual mathematical models and equations, revolving around three variables: the yearly per share earnings…
