Is there even such a thing as a simple passive investment strategy?
Before rushing into ASX index ETFs or index hugging low fee LICs, there are many behavioural biases to think about. I will explore below what you should think about first to better equip yourself to this popular strategy.
Firstly, let’s get started early with the obligatory Warren Buffett reference you always come across from any financial article in the media. (Hey at least I didn’t put it in the headline with a huge picture like most do). I consider a key driver behind the popularity of ETFs in recent times is due to media attention given to Warren Buffett’s Berkshire letter in 2013 that discussed a strategy for the trustee for his wife’s inheritance. Continue reading “ASX INDEX ETFs, LOW FEE GRANDFATHER LICs SIMPLE NOT EASY.”
No harsh comments about the dog in the picture as he is a close friend of mine.
June 30 is often a time of reflection for investors and I thought I would sit down and do a quick self-review of the financial year gone by. As promised I went through and just noted the stocks that I have mentioned on the blog previously where I still hold, and picked out the ones that have looked shaky of late as at June 30. Continue reading “DOGS OF THE PORTFOLIO AND A REVIEW OF FY 2017, RECOMMENDED RESEARCH SOURCES.”
What are the best value investing books in 2021 for learning?
If I could pick out 5 or so investing books for a value investor earlier on in their journey to sink their teeth into I would nominate the following. In fact, they are good reads for investors of varying levels of experience. The investment philosophies touched on are relevant for investors all across the globe as well as Australian share market investors.
Top 5 value investing books for 2021
- Intelligent Investor – Benjamin Graham
- You can be a Stockmarket Genius – Joel Greenblatt
- Margin of Safety – Seth Klarman
- Deep Value – Tobias E. Carlisle
- The Smart Money Method – Stephen Clapham
Some may argue these are not necessarily the best books around and I won’t necessarily disagree. I just thought these 5 offered a good all-round backdrop for someone that has recently developed a strong interest in value investing. Plenty to sink your teeth into.
I thought I would throw in number 5 above for something new that not everyone may have come across. I haven’t updated this blog post for a few years so at the very end you can see my comments about this and another new book that came out in 2020.
Below is the original blog post I had here all the way back around 2016 where I thought it would be interesting to list a few dozen investing books or so that have helped me over the years..
Continue reading “Some recommended value investing books”