Tag: curious cat picks
Reminiscences of a Stock Operator:
Edwin LefÃ¨Vre, Jesse Livermore
"Reminiscences of a Stock Operator is the thinly disguised biography of Jesse Livermore, a remarkable character who first started speculating in New England bucket shops at the turn of the century. Livermore, who was banned from these shady operations because of his winning ways, soon moved to Wall Street where he made and lost his fortune several times over. What makes this book so valuable are the observations that LefÃ¨vre records about investing, speculating, and the nature of the market itself."
Common Stocks and Uncommon Profits and Other Writings:
Philip A. Fisher
"I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits and Other Writings. When I met him, I was as impressed by the man as by his ideas. A thorough understanding of the business, obtained by using Philâ€™s techniques ... enables one to make intelligent investment commitments."
â€“â€“ Warren Buffett
An excellent book on fundamental analysis and long term investing.
Who Really Cooks the Books?
"For many years, I've had little confidence in the earnings numbers reported by most corporations. I'm not talking about Enron and WorldCom - examples of outright crookedness. Rather, I am referring to the legal, but improper, accounting methods used by chief executives to inflate reported earnings.
The most flagrant deceptions have occurred in stock-option accounting and in assumptions about pension-fund returns. The aggregate misrepresentation in these two areas dwarfs the lies of Enron and WorldCom."