The Best 10 Books on Jason Zweig
The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949.
Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles.
Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.
-- From the Foreword by Michael Lewis, Bestselling author ofLiar's Poker
". . . one of the funniest books ever written about WallStreet."
-- Jane Bryant Quinn, The Washington Post
"How great to have a reissue of a hilarious classic that provesthe more things change the more they stay the same. Only the nameshave been changed to protect the innocent."
-- Michael Bloomberg
"It's amazing how well Schwed's book is holding up afterfifty-five years. About the only thing that's changed on WallStreet is that computers have replaced pencils and graph paper.Otherwise, the basics are the same. The investor's need to believesomebody is matched by the financial advisor's need to make a niceliving. If one of them has to be disappointed, it's bound to be theformer."
-- John Rothchild, Author, A Fool and His Money, FinancialColumnist, Time magazine
Humorous and entertaining, this book exposes the folly andhypocrisy of Wall Street. The title refers to a story about avisitor to New York who admired the yachts of the bankers andbrokers. Naively, he asked where all the customers' yachts were? Ofcourse, none of the customers could afford yachts, even though theydutifully followed the advice of their bankers and brokers. Full ofwise contrarian advice and offering a true look at the world ofinvesting, in which brokers get rich while their customers gobroke, this book continues to open the eyes of investors to thereality of Wall Street.
The Devil's Financial Dictionary skewers the plutocrats and bureaucrats who gave us exploding mortgages, freakish risks, and banks too big to fail. And it distills the complexities, absurdities, and pomposities of Wall Street into plain truths and aphorisms anyone can understand.
An indispensable survival guide to the hostile wilderness of today's financial markets, The Devil's Financial Dictionary delivers practical insights with a scorpion's sting. It cuts through the fads and fakery of Wall Street and clears a safe path for investors between euphoria and despair.
Staying out of financial purgatory has never been this fun.
What happens inside our brains when we think about money? Quite a lot, actually, and some of it isn’t good for our financial health. In Your Money and Your Brain, Jason Zweig explains why smart people make stupid financial decisions—and what they can do to avoid these mistakes. Zweig, a veteran financial journalist, draws on the latest research in neuroeconomics, a fascinating new discipline that combines psychology, neuroscience, and economics to better understand financial decision making. He shows why we often misunderstand risk and why we tend to be overconfident about our investment decisions. Your Money and Your Brain offers some radical new insights into investing and shows investors how to take control of the battlefield between reason and emotion.
Your Money and Your Brain is as entertaining as it is enlightening. In the course of his research, Zweig visited leading neuroscience laboratories and subjected himself to numerous experiments. He blends anecdotes from these experiences with stories about investing mistakes, including confessions of stupidity from some highly successful people. Then he draws lessons and offers original practical steps that investors can take to make wiser decisions.
Anyone who has ever looked back on a financial decision and said, “How could I have been so stupid?” will benefit from reading this book.
The Little Book of Safe Money acts as a guide for thosetrying to make their way through today's down markets. The topicscovered include everything from investing behavior-why our mindscome with their own set of biases that often prove harmful-to theuse of financial advisors. But this timely book goes one stepfurther than the rest by questioning an investor's true appetitefor risk.
The Little Book of Safe Money also contradicts many ofthe myths that whirl around Wall Street with chapters like "WhyUltra-ETFs Are Mega-Dangerous" and "Hedge-Fund Hooey." Writing inthe classic Little Book style, author Jason Zweig peels away layerafter layer of buzz words, emotion, and myths to reveal what'sreally going on in today's financial markets.
- Outlines strategies for satisfying our ever-changing investmentappetites while focusing on a long-term financial plan
- Author Jason Zweig is a trusted voice in the financialcommunity and his straightforward style resonates withinvestors
- Offers practical guidance, tools, and tips for surviving andthriving in a down market
If you're serious about succeeding in today's turbulent markets,then The Little Book of Safe Money is what you should bereading.
How One Man Created a Profession―and Entirely Transformed the World of Investing
“The small list of investment books that must grace the library of any serious investor―not to gather dust, but to be opened over and over again―just grew by one. This wonderful compilation of the wit and wisdom of Benjamin Graham is the new addition. Savor it. Learn from it. Treasure it.”
John C. Bogle, founder and former Chief Executive, The Vanguard Group
“If youth is measured by creativity and excitement about new ideas and a thirst for learning, then Ben Graham-in his early 80s-was the youngest guy in the room when two-dozen stellar investment managers met for three days to explain the inner workings of investment management.”
Charles D. Ellis, CFA, Bestselling Author of Winning the Loser's Game
“These writings, spanning over 30 years, help us understand even better the remarkable achievement of this visionary man and his lasting influence on the finance profession.”
Burton Malkiel, Princeton University, Bestselling Author of A Random Walk Down Wall Street
“Investing involves the intelligent triangulation between fundamentals, psychology, and prices. Benjamin Graham, Building a Profession . . . illustrates how this investment legend never stopped thinking about this multi-dimensional challenge.”
Seth Klarman, The Baupost Group
“Serious professionals in the investment business will delight in pouring over this and checking their own thoughts against those of the master.”
Jeffrey J. Diermeier, CFA, Diermeier Family Foundation, and former CFA Institute president and CEO
“This is a must-read for anyone interested in the history and development of our profession and the importance of critical investment thinking.”
Gary P. Brinson, CFA, GP Brinson Investments
“Some investors ('the happy few') know that Ben Graham's writings on financial analysis give them a leg up. So they will want to read this book, and other investors should.”
Jean-Marie Eveillard, First Eagle Funds
“The CFA Institute and Jason Zweig have performed an invaluable service to our profession in collecting these [writings] in one volume.”
William H. Miller, CFA, Legg Mason Funds Management
About the Book:
When Benjamin Graham began working on Wall Street in 1914, the center of American finance resembled a lawless frontier. The concept of regulatory laws was in its infancy, the SEC wouldn’t see the light of day for 20 years, and many firms hid assets and earnings from nosy outsiders.
And security analysts didn’t exist as we know them. They were called “diagnosticians,” and they didn’t do much analyzing. These investors prided themselves on going with the “feel” of the market, and most of them rarely looked at a financial statement.
Appalled by the lack of research and quantification, Benjamin Graham set out to change all this―and ended up creating the discipline of modern security analysis.
A collection of rare writings by and interviews with one of financial history’s most brilliant visionaries, Benjamin Graham, Building a Profession presents Graham’s evolution of ideas on security analysis spanning five decades. Articles include:
- “Should Security Analysts Have a Professional Rating? The Affirmative Case”
Financial Analysts Journal (1945)
- “Toward a Science of Security Analysis”
Financial Analysts Journal (1952)
- “Inflated Treasuries and Deflated Stockholders: Are Corporations Milking Their Owners?”
- “The Future of Financial Analysis”
Financial Analysts Journal (1963)
- “Controlling versus Outside Stockholders”
Virginia Law Weekly (1953)
These pages reveal the revolutionary ideas of a man who didn’t so much find his calling as he created it from scratch―and opened the door for entire generations of investors.