Book-review: Capital Returns, Ed Chancellore

A great read about industry cycles driven by investment activity (supply) rather than demand and a corresponding investment framework.

Book-review: The Five Rules for Successful Stock Investing, Dorsey

A good read on economic moats and introduction to various industries.

Book-review: The little book that still beats the market, Greenblatt

There might be a magic formula.

Book-review: Das Grüne Paradoxon, Sinn (2012)

This is not an easy book to read. It is written academically (the topic is more discussed ideolically in Germany I believe since some facts/arguments are not welcome). Seldomly, i merely skimmed a few pages. Not all they data is up to date since I read an updated version from 2012, but the overall message still rings very true today, i beleive … unfortunately!

Book-review: Narrative and Numbers, Damodaran

We either cater to the story telling or numbers crunching profession. Good valuation requires both.

Book-review: The Little Book of Valuation, Damodaran

I did not expect to learn anything new here, but (re-) reading the very basics can work wonders, sometimes.

Book-review: The shipping man

An easy to read book telling the story of a hedge fund manager stumbling in the shipping industry, which is very cyclical.

Book-review: Quality of Earnings by O’Glove

The investor’s guide to how much money a company is really making.

Book-review: The Money Game by ‘Adam Smith’

A non-standard book about the investing game, its rules and why we play…

Book-review: Risk & Reward, Stephen Catlin

A good book on the insurance industry with a focus on Catlin and the London market/Lloyds.

Book-review: Concentrated Investing (Benello, Biema, Carlisle)

‘Bet seldom, and only when the odds are strongly in your favor, but when you do, bet big, hold for the long term, and control your downside risk‘  

Book-review: Expectations investing, Rappaport & Mauboussin (2001)

I read the old version of a great book from 2001.

Book-review: Quality Investing (Cunningham)

‘As quality investors, a major part of how we define greatness is the durability of the economics of the business (…) seeking companies boasting a combination of traits that overcome the forces of mean reversion.‘

Book-review: The World for Sale

Commodities are once more in the spotlight and some call for a new commodity supercycle, so I thought it was an opportune time reading the book. Better late than never.

Book-review: Wiedersehen im Café am Rande der Welt by John Strelecky

A friend gave me the GERMAN book to read after talking about it during a walk. The book is the sequel to Das Café am Rande der Welt which I did not read. I enjoyed the book anyway.

The book helps people answer what they really want in life by telling a simple story about a man who re-enters a special coffee shop. The first of his visits changed his life for the better and was covered in the first book.

Book-review: Investing for Growth by Terry Smith

I consumed a lot of Terry’s content before. Now a blog reader gave me this book and I was happy to finally read it …

Book-review: Common Stocks and Uncommon Profits

I had this classic investing book on my reading list for some time and right after reading through the Kindle extract …

Book-review: Ein König für Deutschland by Andreas Eschbach

I just read another book by Andreas Eschbach: Ein König für Deutschland which roughly translates as A King for Germany …

Book-review: Der Neunte Arm des Oktopus (non-investment related)

I finished this book in record-time …

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! …