Resources

Out there you can find a lot of useful resources to learn from. Here is my personal selection.

Books

Books are a wonderful distilled product of a human mind.

An author spent many hours, days, months and perhaps years to put together personal learnings and experiences. Then selected and fine-tuned all the text in order to allow a reader to go through it in a matter of hours.
Therefore with books we have the chance to learn at exponential speed from others. And, if you are good in choosing these “others”, you may incurr in excellent authors.

  • Richer, Wiser, Happier by William Green.
    William is an extraordinary gifted writer. In his book he has been able to condensate investing and life learnings from some of the very best investors that he had the chance to interview. I personally find chapter 1 (about Mohnish Pabrai) and Chapter 6 (about Nick and Zack) illuminating.
  • The education of a Value investor by Guy Spier.
    This is about the life path about Guy Spier, a key reference in the Value investing community. If you are seriously evaluating to dedicate yourself to investing this book is a must.
    Guy is very active and you can find him in several podcasts and videos.
  • Good stocks cheap by Kenneth Jeffrey Marshall.
    A structured approach to value investing: this book is about why value investing is successfull and how to invest accordingly. Behavioral finance is one of the main topics, together with finance and strategy.
  • Margin of safety by Seth Klarman.
    This is a Value investing classic.
  • Rich dad poor dad by Robert T. Kiyosaki.
    A masterpiece. This is THE personal finance reference. Should be read by everybody, possibly at the age of 15.

Videos and podcasts

During my years of studying at the university in the 90s the access to the best resources in the world was difficult and expensive. To learn about investing, I would have had to enroll to an expensive Master abroad.

Now you can simply digit youtube.com and find the best teachers in the world, available for free at your home. Terrific.

Websites

  • www.dataroma.com
    This website tracks historical performance of Superinvestor like Li Lu or Seth Klarman. Basen on 13-F filings.
  • www.chaiwithpabrai.com
    This is the site of Mohnish Pabrai, a must-follow investor. Mohnish shares a lot of experience and a lot of wisdom. My deep admiration goes to him not only for the teachings that he gifts for free, but also for being a disruptor of the charity concept – while most of the foundations are more focused on money funding then output maximization, with his Dakshana foundation he has demonstrated that a charity foundation can provide a high social return on investment.
  • guyspier.com
    After reading his book, I admire Guy Spier for the courage and transparency with which shared his life experience. Guy is a “spawner” of experience and advises, not only in the peculiar investments field but also in the wider life learnings area. Thanks Guy.