Hi, as the title suggests, I would like to know which books do you guys recommend reading (any topic is fine as long as it is related to Investing/market knowledge). Thank you in advance!
| +20 | Future of L/S | 5 | 2d |
| +17 | Latest blow up / wind down | 25 | 2d |
| +12 | Looking for Fund to Partner With - LMM Activist | 3 | 4d |
| +10 | James Fishback | 6 | 1h |
| +10 | SM L/S Compensation? | 2 | 13h |
| +9 | MMHF Central Execution Trajectory/Advice | 1 | 20h |
| +9 | Moving from credit to equity? | 3 | 3d |
| +6 | How to prep for credit HF? | 4 | 17h |
| +3 | Chefs at Pod Shops | 2 | 2d |
| +1 | The best cover letter for L/S | 2 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on the most helpful WSO content, here are some highly recommended books for an aspiring Hedge Fund (HF) analyst:
"Lessons from Experience" by Paul Marshall
"Dead Companies Walking" by Scott Fearon
"Selling America Short" by Richard Sauer
"Financial Shenanigans" by Howard Schilit
"Quality Investing" by Lawrence Cunningham
"Capital Returns: Investing Through the Capital Cycle" by Edward Chancellor
"More Money Than God: Hedge Funds and the Making of a New Elite" by Sebastian Mallaby
"Flash Boys" by Michael Lewis
These books cover a range of topics from investment strategies, short selling, forensic accounting, to the history and evolution of hedge funds, providing a well-rounded foundation for an aspiring HF analyst.
Sources: Best Books To Read For Incoming HF Analyst, Reading List for the Incoming Analyst
Bump
Best practices for equity research analysts — Jim Valentine
Applied equity analysis — James English
corporate finance — brealy is a classic
Damodaran for valuation — one caveat, he’s very good at breaking down valuation but I think not so good and understanding how equity research analysts actually approach a stock.
most of the poeple here focus on L/S equity, more on securities selection than portfolio construction, but if you want to have a sound understanding of investing frameworks and processes (which I deem very important once you are somehow senior in your career), here you have a interesting ig account with books descriptions and recommendations that I strongly suggest: https://www.instagram.com/absreturns101/
It's quite broad, from options trading to quant investing, portfolio construction, tail risk hedging. Not super active but def high quality!
highly recommend https://a.co/d/04wxC4X
Non quisquam et id dignissimos minima dicta. Sit dolores veniam modi corporis. Et rerum ea est molestiae accusamus maxime inventore.
Amet ad eaque occaecati voluptas aut non. Consequuntur molestias dignissimos deleniti enim atque eum suscipit magnam. Cupiditate magnam quis ab beatae fuga possimus minus. Quis maiores qui eveniet sunt consequatur sit. Corporis debitis maxime ea deleniti. Laboriosam consectetur pariatur expedita accusamus. Ullam quibusdam et eligendi aliquam nesciunt.
Officia similique animi quis consequatur qui. Repellendus facilis quisquam sed consectetur laboriosam repellendus. Quasi nobis molestiae dolores excepturi autem necessitatibus. Repellendus maxime velit ut quod. Officia explicabo distinctio et.
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...