Recommendations for good books about investment strategies (for the novice)

Self ^ | 12/29/08 | Randita

[shoe212]

The links listed so far are great, but I want to disagree with “Nobody, but nobody, beats the market.”
Take a look at “Online Investing” by Jon Markman, who made big money by looking for certain patterns. He documents how he did it in the book.
True, conditions are now different 8 yrs later, but it shows it can be done.
Now as for intro material:

On the web:
www.fool.com/School.htm

Books:
“Motley Fool Investment Guide” by Tom & David Gardner
“The Little Book That Beats the Market” by Joel Greenblatt

[ETL]

That’s nice, but what does it have to do with my double-your-pennies, get-rich-quick scheme?

[UpToHere]

From Fred Young's book: How to get rich and stay rich

1. Inherit it;

2. Marry it;

or

3. Compound interest.

Worked for him and It worked for me.

Al

[UpToHere]

I ahould have included:
#3 Was our course of action.

Al

[bert]

Addendum:

To get a feeling for the folks at Forbes, they are on Forbes on Fox on Saturday morning. They probably are on the Fox Business News as well but I don't know when. It helps associate a face and voice with their written words. Forbes gets very near to the truth every issue.

I am a fundamentals guy as opposed to a technical analysis guy. If you go down the technical path you can get terribly bogged down in drivel. There is no end to it.

I had to go get the book to be sure I got the title right....

For a good dose of fundamental theory, I recommend "The New Contrarian Investment Strategy" by David Dremen. He is a desciple of Benjamin Grahm and a regular columnist in Forbes. This book gives a very readable view of analysis. He pokes fun at the technical types.

He writes for the reader.