Thread: Helpful reading for someone interested in the stock market?

Originally Posted by Dr. Handsome

It probably will be over your head; that is why I recommended the annotated version. Jason Zweig is a fairly well-known financial writer, and reading solely his summary of every chapter will help even the most inexperienced investor to understand and adapt Graham's principles. Once you become better acquainted with the market you'll breeze through Graham's work.

Alright, sounds good. I'm surprised Warren Buffet didn't do some annotations throughout the book.

It just so happens my mother has an executive position at a company owned by Berkshire Hathaway (ULSI), and she has met Buffet on multiple occasions. Maybe i'll get her to talk to him and reveal all his secrets for the L4P community (here's to fantasy)!

Thanks again for the info.

If you're starting out... Intellegent Investor is the way to go. Its not too high level at all.

Keep this in mind as well, of all the returns of the S&P500 in the last 50 years, 65% of those have been via the dividends from those companies.

I just ordered Intelligent Investor.

Originally Posted by Shermanator

I just ordered Intelligent Investor.

That's good to hear! Let me know if you have any questions. I'm by no means an expert but I'll help however I can. There are plenty of people here that can assist you as well; I just don't think they check this sub-forum regularly. Also, in regards to the book - if you try to read Graham's writing and struggle to get through it: skip it, come back later, and stick to Zweig's interpretations for the time being.

Has anyone had any success with penny stocks?

I sent you a dropbox! download that to ur desktop
Illl put some ebooks in it every couple weeks!

Originally Posted by Shermanator

Any books, PDF's, websites etc. you think are worthwhile reads for a beginner are greatly appreciated.

I should also mention I am looking into online trading (Scottrade, Etrade etc.).

-Connor

Nice, thanks a lot.

Originally Posted by kunal00@bullsonws

I sent you a dropbox! download that to ur desktop
Illl put some ebooks in it every couple weeks!

could I get the same treatment? been looking to invest some money into stocks. I bought gold a couples year back and am doing quite well. now I want expand my horizons

Most books on trading focus on indicators and speaking in general terms like "Don't get emotional over a position".. "buy when this Moving average crosses this moving average"... blah blah. Maybe good for a first time educational run down, but don't count on these really developing you as a trader.

Focus on support and resistance. That is trading in a nutshell. You can follow my journal here of s/r trades with no indicators ( Forums - Trading breakouts [By The Book] )

Used to have an account at Scottrade. Awesome firm, but when I last used them, their rate was 7.00 both ways. A bit expensive.