Book-review: Fortune’s Formula by William Poundstone

I read about Fortune’s Formula somewhere and put it on my reading list because I am greatly interested in the topic of Position Sizing which the book is about and more specifically about the Kelly Formula.

Book-review: The Manual of Ideas by John Mihaljevic

A friend works at an investing firm and gave me this book, thus I read the German hardcover version Das Value Investing Handbuch of this great value investing book. I wondered before if I should read more paper-based books instead of the usual kindle version. This book was perfect to read as the hardcover version …

Book-review: The Little Book of Behavioral Investing: How not to be your own worst enemy by James Montier

This is a must read for investors if you want to get more familiar with common biases.

Book-review: Fooled by Randomness by Nassim Nicholas Taleb

This book was on my reading list for a long time. The full book title describes its message quite well: Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets.

Book-review: Value Investing: From Graham to Buffett and Beyond, by Bruce Greenwald

I added this classic about value investing to my reading list some time ago. I read the recently updated verion (Dec 2020).

Book-review: The Outsiders by William Thorndike

Capital allocation is of utmost importance for exceptional long-term shareholder returns, and should be handled by CEOs accordingly! …

Book-review: Thinking in Bets by Annie Duke

I got to know about Thinking in bets from Annie Duke when reading Howard Marks’ books. As many of my readers will know by now, I love poker, but …

Book-reviews: NSA and Eine Billion Dollar by Andreas Eschbach (non-investment related)

The last two books I finished were both from Andreas Eschbach and I read them in German. The two books were non-investment related, but just good books. And, they gave me food-for-thought!

Book review: Tesla, Elon Musk and the EV revolution

Vitaliy Katsenelson is one of my favorite authors of high-quality investment content. This is why I read his research about electric vehicles or EVs and many of his opinion pieces about Tesla some months ago (I believe it was an email-series). Anyway, some days ago I got to know that he offers his book Tesla, Elon Musk and the EV revolution for free for a few days. Beyond question, I read his book!

Book Review: The Education of a Value Investor from Guy Spier

I just finished reading the book ‘The Education of a Value Investor’ from Guy Spier after just three days. As an exception I read the German version. The author describes his personal journey of how he became not only a better value investor but also a better and happier individual at the same time.

Book Review: Mastering The Market Cycle

Since I love Howard Marks’ investment memos and I liked the last book I read from him, I decided to read another one. Today, I finished Mastering The Market Cycle. The essence of the book could be summarized as “What the wise man does in the beginning, the fool does in the end.”

Book Review: The Most Important Thing Illuminated

Since I love the investment memos from Howard Marks from Oaktree Capital, I decided to read The Most Important Thing Illuminated from Marks as my next investment book.

Book 📓 Review: Margin of Safety by Seth Klarman (Part 3)

Some weeks ago I finished the book Margin of Safety – Risk-Averse Value Investing Strategies for the Thoughtful Investor by Seth A. Klarman from 1991. Pretty much, one of the few must-reads about value investing.

Book 📓 Review: Margin of Safety by Seth Klarman (Part 2)

Recently I started to read Margin of Safety – Risk-Averse Value Investing Strategies for the Thoughtful Investor by Seth A. Klarman from 1991. Pretty much, one of the few must-reads about value investing.

Book 📓 Review: Margin of Safety by Seth Klarman (Part 1)

Recently I started to read Margin of Safety – Risk-Averse Value Investing Strategies for the Thoughtful Investor by Seth A. Klarman from 1991. Pretty much, one of the few must-reads about value investing…