Investments Textbook
Which of these two textbooks would you guys recommend for a beginner/intermediate level understanding of investing?
Essentials of Investments (Bodie, Kane, Marcus) - I am thinking this might be the one to go with since it is written by a professor at MIT.
Fundamentals of Investments: Valuation and Management (Miller, Jordan) - less "prestigious" authors here (University of Kentucky and St. Louis University)
keep in mind this is not for a class, I would like to go through one of these for real world knowledge, and would appreciate any recommendations as to more books on investing, especially long-run value investing.
I used the Essentials of Investments by Bodie, Kane, Marcus for one of my MBA courses. I thought it was well written and extremely thorough. I will saw if you have no knowledge of investing parts of the book can be slightly confusing, but you can supplement the book with searches online.
We're using this in my undergrad econ class. Fucking hate FOB instructors.
If you're only choosing between those two, get whatever's cheaper. Picking an academic textbook on the basis of the writer's university's prestige is pointless because intro books all contain more or less the same info. If this isn't for a class and just for real-world knowledge I'd recommend getting 'The Intelligent Investor' by Ben Graham instead
I would recommend this one
http://www.amazon.com/Value-Four-Cornerstones-Corporate-Finance/dp/0470…
I heard in Stanford's MBA program they use 'Common Stocks and Uncommon Profits'? But yeah regardless you should check out The Intelligent Investor no matter what! :D
thanks for all the help, I just got both the intelligent investor and common stocks/uncommon profits. It seems the essentials of investments book would be the better of the two options. Any other suggestions?
Intelligent Investor is not so great for finance noobs. I'd pick Value investing by greenblatt. His techniques are not standard - he takes an extremely conservative approach - but that kind of conservative approach will teach you to understand the risk considerations in investing. Intelligent investor will be much better AFTER you finish greenblatt
Everyone talks about growth and DCF. Fuck that.
The BKM book is what I used in undergrad.. Its a good book, but can be a bit difficult to understand at parts.
Overall I would recommend it
Ipsum earum rerum ut quisquam similique suscipit. Exercitationem qui voluptas qui accusantium rerum accusamus. Amet ut autem molestiae deserunt voluptatem harum laudantium. Eum sapiente est doloremque ut. Magni non eos laboriosam voluptas sit officiis et.
Possimus et voluptas ut consequatur assumenda. Rem commodi sequi unde illum consequatur. Repellat iusto omnis nihil nostrum. Animi laudantium fugiat repellendus ducimus dolorem eos. Accusantium qui molestias quisquam dolore a quaerat tenetur pariatur. Id ipsum in et facere consectetur necessitatibus est cupiditate.
Et dolorum sed hic dolores maiores aut et laudantium. Veritatis consequatur nihil nemo voluptas aliquid. Quae veritatis dolorum repellat in. Unde sit eos nulla earum commodi consequatur et. Dolores soluta blanditiis dolorum eos a perspiciatis molestiae. Doloremque voluptatibus sapiente corporis quod incidunt tempora sed. Fuga tempora aut ea et.
Quidem facilis aut est nobis est sunt. Laborum mollitia occaecati et optio reiciendis libero odit. Quis temporibus quia minus hic incidunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...