Suggested Reading

Here is a list of books that I would recommend if you want a better understanding of financial markets and investing. I have personally read each book and found them helpful.

1. Reminiscences of a Stock Operator by Edwin Lefevre--covers the life of legendary investor Jesse Livermore. A must for traders and serious investors. I have probably read this book over 30 times it is that insightful.

2. Devil Take the Hindmost: A History of Financial Speculation by Edward Chancellor--for the history buffs. Tells you about the history of financial markets along with the numerous panics, scandals, crooks, legends, etc.

3. The Intelligent Investor by Benjamin Graham with Commentary by Jason Sweig---the bible for value investing and recommened by Warren Buffett. This book describes how to evaluate and value prospective investments.

4. How to Trade in Stocks by Jesse Livermore---written by the master himself this book details Livermore's trading methods and strategies. I really liked this book and have reread it on multiple occassions.

5. Stocks, Bonds, Options, Futures by Stuart R. Veale---great introduction to different asset classes

6. Futures, Options, and Swaps by Robert Kolb--this is not for amateurs but it goes into great detail about these complex instruments.

7. Options as a Strategic Investment by Lawrenece G. McMillan--probably one of the better books concerning options. It is for people who already have a strong knowledge of options.

8. Structured Finance & Collateralized Debt Obliagtions: New Developments in Cash & Synthetic Securitization by Janet Tavakoli----This book is about derivatives and their uses. Very in-depth but this is not for dilitants.

9.Structured Products and Related Credit Derivatives: A Comprehensive Guide for Investors by Lancaster, Schultz,--Another book about derivatives that would be helpful for investors.

10. When Genius Failed: The Rise and Fall of Long-Term Capital Management by Roger Lowenstein--This book is a great fly on the wall account of the Long-Term Capital Management (hedge fund) collapse and the turmoil on Wall Street it caused.

I will be updating this list. Thanks

Black Swan Insights


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