Because of the occasional introductions to investment-type books, it has been suggested that i should be able to make some introductory books on the investments of the fund。
And the season of the spring, when it is not open, is the best reading every year. That is why the list that follows represents more of my preference for investments in the fund。
1 investment class 1
"investigation 1" is an investment by monsanto。
Monk, the founder of the known. It is no exaggeration to say that it was the unique funds of the chinese fund market over the past few years, the marketing agencies and, in particular, the ground-breaking knowledge-sharing of funds, finances and even human growth through a podcast called " the academy tavern " . I've also written a special topic on monk as a convenient door to investment。
Of course, the podcasts, which may be one hour or two, have a lot of information, are not systematic。
This shortcoming can be remedied by the fact that the book, investment 1 - from comparison of investment patterns to diversification of investment to asset allocation - is comprehensive in all respects。
2 fund operational notes
The fund's operations note is an introduction to the fund written by the founder of the northern division。
The first lesson, just as it is, is the first, which speaks a lot of basic and general content. However, the details of the chinese fund market were not very relevant。
The merits of the fund's operational note are being addressed here, and the details of china's public fund (e. G., fund classification, foreclosure costs) are fairly detailed in terms of the allocation of assets to the fund. As mentioned earlier, there are a number of interesting indicators on the ribbon circle app, such as indicators of corruption, stock value, etc., which can be useful in supporting decision-making, how they are used, and how they are presented in books。
In that case, the name "combat notes" is a proper one。
3 the path to value
The first two, more for the "knowledge" dimension。
But investing is never easy. You need to not only know, but also experience。
Many of the old stockholders are particularly calm in the face of a huge rise or fall, as the big cattle or bear markets have experienced nothing new in the sun。
But for the new shareholders, the experience can only be compensated by reading。
The best reference book in the country for the growth of the a stock in china is undoubtedly the "tracing for values" written by the waft securities yan. China stock market repetition 1990-2020, which brought together the a stock development over the years from a variety of policy, valuation, strategy, etc。
Many times, you want to understand why a's is what it looks like right now, whether it's so crazy or so sad that the history of this book can find answers。
Of course, as a combination, ling pen's periodicity, valuation and humanity: twenty years of evolution and strategic change is also worth reading. Ling peng was introduced in 2006 and was the lead strategy at shinwan institute in the early years, later became the research director of the dong wu foundation and the research vice-director of the yingye global fund, and is now the general manager of private sector investments。
The virtues of ling peng, which is already reflected in the book name, are much more explored than ying xiao's “road of values”, where ling peng refers to “humanity” and “evolution” and “change”, which explores the complexity of the market and analyses its complexity。
Both books were previously featured in the pre-secondary house in the house market。
4 stock mayor's line power
The newest edition, the sixth edition, was published in october 2022 and is relatively new。
The book, known as the encyclopaedia in the area of investment, provides an overview of all aspects of the global investment market with the latest data and literature, as well as the long-term returns to the united states equity stock, how well the size plate is performing, whether the calendar effects are effective or not, and whether the balance is balanced。
Of course, like the title, the book is more focused on the orthodox schools held by long lines。
Siegel also has an " investor's future " dedicated to high-interest equity investments. If you're a dividend player, you're highly recommended for the first reading。
5. Expected income
Despite its authority, the stock mayors line law is limited to the stock market and is too orthodox。
In contrast, my personal favorites are expected gains: a guide to investor profit and a sequel, expected gains: creating extraordinary returns in uncertain markets. Both books were written by antti ilmanen, a partner of hedge funds aqr. The old readers of earletf know that i'm a fan of aqr, and i've been following their papers on investment and sharing them from time to time. Antti ilmanen is an aqr accompaniment for writing papers, directly out of books。
Antti ilmanen, what's good about this book? If you want to sum up in one sentence, i would like to call it "the great encyclopedia of financial markets."。
The following chart of the book provides a framework for a gradual discussion of the variety of types, strategies, risks in the financial markets and concludes with much detail. It would be extremely beneficial to develop investment thinking and to understand the diversification of investment。
With regard to these two books, as i explained earlier in the tweet "expected gains: great encyclopedia of investment profit", the first episode of my podcast program, which is also about these two books。
6. Road to financial freedom
It's a good book that's a little bit delayed by the title. Sapp's book, which is actually trade-oriented, analyzes trading strategies, especially for r, the margin of risk returns, is a good book for those who want to go into trading and profit from short-line fluctuations。
Yes, and if you're still looking for a fantastic trade point sign, i'd very much like you to read it。
Sapp, in particular, has empirically demonstrated that a good strategy to stop losses, even if randomly entered the market in financial markets, can make money, which is an extremely inspiring shift in the minds of traders -- no longer in the signs of buying and selling, but more in terms of warehouse management, loss, etc。
So if you're interested in the deal, this book is highly recommended for reading. Of course, if you want to learn more about sapp's systemized transactions, the book " systemized transactions " is a good in-depth reading, although it is a little obscure. More about this book can be found in " systemized transactions: quantifying institutional level quantification of controls and landscape details to the general investors " 。
7 double momentum investment
Old readers of earletf know that i'm a traffic capital。
Investing in this thing is actually a disciplined surge and fall. While looking at the grass roots, you look at the expected gains and actually spend a lot of time on academic research, and the aqr hedge fund itself is a huge amount of kinetic factors。
However, specialized books on motor investment are rare, and double-vehicle investment is a good option, encompassing both relative and absolute dynamics。
8. Investment in moats
Buffett's idea of investing in the moats, in the circle of investment, especially in value investment flows, is deeply embedded。
Buffett's biography, including the reading of buffett's many books, certainly deserves a first reading. But, at the beginning of the day, i think it is worth a first reading of morning star, a book that has a systematic search for what constitutes a moat, while also emphasizing the importance of valuation protection, which is more pragmatic than the idea that many fund managers in the country hold that good companies are expensive and negligible。
Of course, the moat concept needs to keep up with the times, just as buffet buys apples. So there are a lot of conceptual shifts after this book, and i've also described it in "the moat will dry up, without the ability to reinvest."。
These are the eight investment-type books that were compiled. From the most basic of common sense to the historical repertoire of the a stock market, to the various trade strategies and investment flows of value, we basically cover all aspects of our daily transactions. It is perfectly possible to pick one or two pairs of appetites, in accordance with their current investment phase and preferences, and to go through them slowly while the holidays are closed。
The knowledge in the books will eventually take time to digest and will eventually be put into the specific business of buying and selling. It is hoped that this list will provide some reference for your reading on vacation。
