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25
Investment Classics
By Leo Gough
Financial Times, 1999 - 256 pages
I believe this is a very good book for beginners seeking
investment advice. If you are an investment professional who
is well read, this book isn't for you. In this book the author
tries to briefly describe each book and the relevant points of
each book, with some excerpts taken from each.
He is very negative on technical analysis (the author), as
his tone and comments about this form of analysis is negative
throughout the book. I personally find this very distasteful
as technical analysis would have bailed you out of the market
at most of its peaks (when money flows turned negative - it
did in telecom service in April 2000)
I do believe the wide array of books utilized is a very
good collection for a beginner. Some other good books, which
actually interview famous investor are John Train's Money
Master and New Money
Masters. I believe everyone should read
Peter Lynch's first book, Beating the
Street. A good book on
managing your money is Suze Orman's 9 Steps to Financial
Freedom
Having worked with portfolio managers as a research analyst
I hope this helps everyone.
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