Investing Book Highlights Series

Margin of Safety Seth Klarman T he fourth book in the  Investing Book Highlights  series is  Margin of Safety  by Seth Klarman.  This book delves into   Risk-Averse Value Investing Strategies for the Thoughtful Investor. Klarman delivers practical insights for investors via the well versed adage of buying securities at a discount to their current underlying value and holding them until their value is realized. Margin of Safety via Youtube TOP TEN JOTS 10.  All market fads come to an end. "Investors must never forget that Wall Street has a strong bullish bias, which coincides with its self-interest." states Klarman. More transactions are made during a bull market than a bear market and those transactions influence the amount of income Wall Street workers receive. Security prices going too far up and then too far down is a cycle that often gets repeated. Before buying into a security, have a margin of safety to protect you from...

Mastering the Market Cycle Howard Marks T he third book in the  Investing Book Highlights  series is  Mastering the Market Cycle  by Howard Marks.  As the title suggest, the book analyzes the market cycles to help the reader understand how business fundamentals and the investment environment should play a role in investing. As most cycles have tendencies, Marks provides how understanding them can lead to a greater chance of success by informing you when to invest and how to position assets in your portfolio.  Mastering the Market Cycle via Youtube TOP TEN JOTS 10.   Sales are responsive to the economic cycle in some industries, and in some they aren’t.  Raw materials and components, luxury goods, vacation trips and big-ticket durable goods are responsive to the economic cycle. Necessities, low-cost consumer items and everyday services aren't as responsive to the economic cycle. Investing in certain sectors of the economy bas...

The Automatic Millionaire David Bach T he second book in the  Investing Book Highlight  series is The Automatic Millionaire by David Bach.  For someone thinking about how to get started in saving and investing, this book informs you how to automate almost everything you need to do to put yourself on the path to becoming financially independent. The steps are addressed in a sensible order and there are some practical worksheets that allow the reader to concretely see how they are doing or what they can do. Bach states toward the end that, " having an automatic plan should not only change your future, it should also change your present." To that end, it can take some of the stress out of your life and make it more enjoyable. The Automatic Millionaire via YouTube TOP TEN JOTS 10.  The fact is that very few of us are born to budget. Human beings don't want to be controlled. We want to be in control. Bach suggest that you don't try to put yourself o...

The Richest Man in Babylon George S. Clason T o start the Investing Book Highlights  series, I have a classic book that was  first published in 1926  called The Richest Man in Babylon . I chose to start with this book because it foretells what can be done to help oneself become financially secure. Storybook like in quality, the reader can learn how having financial wisdom or the lack of it can lead to different outcomes in how one's life turns out. Richest Man in Babylon via YouTube TOP TEN JOTS 10.  Make of thy dwelling a profitable investment Owning a home is perhaps still the American dream. How that becomes a profitable investment is usually in the realm of the real estate experts. For most of us, this dream is a nice way to think that the mortgage payments are a form of monthly investment for our future that'll hopefully appreciate over time. " Own thy home. " wrote Clason but in the long run it would be more profitable if you could own...

Welcome to the Investing Book Highlights Series F irst some personal information about me. I am an expat from Hawaii living in Japan since 2006. I am mostly enjoying the experience of another culture and find that there are more similarities than differences between the Hawaiian and Japanese cultures. I've had a fondness in investing in companies in the major stock markets since graduating from my university and have had an account in a brokerage firm since then. Familiar but different M y blog's main objective is to try and provide some insights into  Investment Books that may be useful in making decisions about investing and taking pleasure out of it. I have tried to order  the books that are presented in a way that will benefit beginning investors. The books that will be showcased does not represent a complete and exhaustive list but only a selection that I have decided to delve into. I will use the popular TOP 10 LIST format to highlight what I think are the...