[TreyS]

Some books that I read and found useful. These are mostly older books that have withstood numerous market cycles. Even if you decide to branch out, these are a good base to start from.

1. “Random Walk Down Wall Street” to understand index funds and why they generally outperform.

2. “Common Stocks and Uncommon Profits” for a general understanding of how to choose stocks (and companies) for the long-term

3. “The Intelligent Investor” for understanding the some of the human challenges of investing.

If you’re short on time and don’t want to make this a hobby, read #1.

[throw0101a]

> 1. “Random Walk Down Wall Street” to understand index funds and why they generally outperform.

Some of the simple logic/arithmetic behind passive funds versus active funds:

* https://web.stanford.edu/~wfsharpe/art/active/active.htm

The author has an Economics Nobel:

* https://en.wikipedia.org/wiki/William_F._Sharpe

* https://www.nobelprize.org/prizes/economic-sciences/1990/sum...

[DeathArrow]

>If you’re short on time and don’t want to make this a hobby, read #1

I am kind of trying to make it a hobby, that's why I want to learn.

Thank you for recommendations!