Money  ·  Topic  ·  ≈ 1 min read

Stocks

Equity in publicly traded companies — the public market layer of capital allocation, indexes, dividends, and the long-term arc of productive enterprise.

Illuminate the word Stocks
3 resources  ·  3 books
book

The Most Important Thing — Howard Marks

Twenty essays by the co-founder of Oaktree on what actually matters in investing — second-level thinking, the cost of being right alone, the asymmetry of risk and reward. The clearest mind on capital allocation operating today.

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book

Extraordinary Popular Delusions and the Madness of Crowds — Charles Mackay

Mackay's 1841 anatomy of speculative manias — tulips, the South Sea Bubble, alchemy, witch hunts. Read it during any bubble; the patterns rhyme. Required immunisation for anyone deploying capital.

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book

The Intelligent Investor — Benjamin Graham

Graham's 1949 textbook, the one Buffett still calls the best book on investing. Mr. Market, margin of safety, the difference between speculation and investment. The cleanest single source for value discipline.

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