“Heading into August, beaches and books beckon. While it’s nice to curl up with a page-turning, mind-free thriller, this summer of our great recessionary discontent might be a good time to bone up on things finance and investing.
There’s certainly been plenty of news in the past several months, and many books have come out to chronicle all that has gone awry with the economy and the markets.
So, here’s a short reading list that includes current items as well as a few classics:
Mr. Ritholtz is a financial commentator who has drawn a large following to his blog, The Big Picture (ritholtz.com). Several people have written books about the current crisis, but Mr. Ritholtz succeeds in laying out all that transpired in easy-to-understand language. If you want to know how we got into this mess and what might still be coming, this is the book for you.”
Other books mentioned include:
-“When Genius Failed: The Rise and Fall of Long-Term Capital Management” by Roger Lowenstein.
-“Manias, Panics and Crashes: A History of Financial Crises” by Charles P. Kindleberger.
-“The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)” by Benjamin Graham and Jason Zweig with Warren E. Buffett.
-“The Worldly Philosophers: The Lives, Times and Ideas of the Great Economic Thinkers” by Robert L. Heilbroner.
-“Reminiscences of a Stock Operator” by Edwin Lefevre.
Beach reading? These days, they end up being airplane reading . . .
… And Dave Has His Book List
WSJ, July 26, 2009