Savien’s Recommended Reads

I strongly believe that our futures are the product of the most recent 5 books we read; so I like to read… a lot!

These are the books I have read throughout my Economics degree program, and others that I continue to read even today. I recommend them to friends and family, and now I recommend them to my audience.

This page is updated every couple of weeks, so check back soon for more recommendations!

Note: This page does contain affiliate links for the books I have recommended, where I earn a commission at no additional cost to you. I love Economics, Finance, and Investing, and I love to teach others what I know. If you consider purchasing some literature, please consider using these links to help keep the site running.

Thank you!

July 2020 – The Intelligent Investor by Benjamin Graham

One of my favourite investing books of all time, The Intelligent Investor was first published in 1949; however its validity and value as a resource has only appreciated with time. Over the years, many new versions have been presented to the public with new information and updated comments from other well known public figures.

The Intelligent Investor teaches important principles that value investors should follow. For example, always buy shares that are on discount – currently trading for less than they are truly worth. It is in the famous works that introduced for the first time Mr. Market, a commonly known metaphor for the irrational behaviors of the stock market.

Sometimes Mr. Market is optimistic (almost manic) while other times Mr. Market is pessimistic (almost depressed). The message here is that you should value your investments yourself, not to rely on what the market tells you they are worth.

June 2020 – Security Analysis by Benjamin Graham and David Dodd

If you are fairly new to investing then this probably isn’t the book for you – think of it as a more in depth version of the Intelligent Investor. However there is a lot more material on offer, including a more detailed section on bond investing, as well as talking about the possibility of intelligently investing in speculative stocks. If you are going to read any book on investing, read the Intelligent Investor, but once you have, Security Analysis is well worth a read.

You should value your investments yourself, not to rely on what the market tells you they are worth

May 2020 – CFA Institute Quantitative Analysis

A complete and in-depth source for quantitative investment in the financial industry. This book is heavy on math and statistics, and teaches everything required to pass the CFA exam for professionals.

Extremely mathematical in nature, this book is recommended for anyone who wants to be serious about investing. Keep in mind that there is a big difference between speculation and investing, and Quantitative Investment Analysis shifts thinking towards math, not gambling.

April 2020 – The Snowball: Warren Buffett and the Business of Life by Alice Schroeder

Warren Buffett is one of the most successful investors of all time and is also one of the richest men in the world. Alice Schroeder put a painstaking amount of research into Buffett and his investment techniques when writing this book. However this is largely a biography of Buffet’s career – it has a fountain of information that is invaluable for investors, but best serves as an introduction to Buffett. If you want to find out about Warren Buffett’s investing philosophy in detail, then you can have a look at the Berkshire Hathaway website and read his letters to shareholders- gold dust for value investors.