Showing posts with label risk. Show all posts
Showing posts with label risk. Show all posts

Sunday, March 16, 2014

Out of fiction, and into finance

Over the last year, I've graduated from reading about finance online to real books. At a cousin's recommendation, I'm working through Ben Graham's The Intelligent Investor. It's superb. Graham's practical evaluation of investing is tremendous, and his handling of the underlying issues of risk and decision-making are masterful. For those who want to dig a little deeper into historical background and concepts of risk, I highly, highly recommend Peter Bernstein's Against the Gods: The Remarkable Story of Risk. It's on my re-reading list, and it may deserve its own dedicated post once I get back to it.

Graham's tome is really a long-term reading project. I can usually take about 1-2 chapters at a time, but I find it needs some time to soak in.

For reading on the lighter side, I borrowed a copy of Jeff Yeager's The Cheapskate Next Door. It's great. Yeager's humorous take on the stranger habits of cheapskates (or frugal folk, as I may choose to call them) balances a very pragmatic summary of frugal tips and tricks.

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