Reading
Hi all,
I’m super interested in investing and have started reading multiple books. However, some are textbooks and are very difficult to get through. Does anyone have a good process to learn and study these lengthier books and retain the information better? The books in question are the fixed income handbook and distressed debt analysis.
Following
Posting my process because this is what I've found works for me, but think it varies person to person and you'll figure out what works best for you.
Following
I cannot agree enough with the other poster’s suggestion to quickly find a practical application after learning a new topic or concept. My other suggestion would be to realize that no book is fully comprehensive (even fabozzi, which is like a million pages long), meaning that you cannot fully learn a topic from a single source. Thus, I like to triangulate my knowledge across multiple sources. For example, if you read about fraudulent conveyance in moyer, you will take away a cursory and simplified view of the topic, whether you understand what he said or not. To gain a better understanding, it would behoove you to study others’ thoughts on the matter. Perhaps reading about fraudulent conveyance in some different books, maybe a legal text as well as another investing one, and searching for articles that mention it to try to find some real life examples would be helpful. It’s obviously not practical to do this for every section of every book you read, but pick out some topics, particularly ones you are having trouble understanding, and give it a try.
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