Reblog: 9 books about financial markets you really should read


Earlier this week I wrote (again) about the importance of understanding financial market history. This prompted a few people to ask for some of my favourite books on the topic. Here goes:

Devil Take the Hindmost: A History of Financial Speculation

If I had to pick just one book to read on the topic, this would be the one. Edward Chancellor weaves history, psychology, and economics beautifully in what is also one of the better-named finance books I’ve come across.

The Panic of 1907: Lessons Learned From the Market’s Perfect Storm

The story behind the banking crisis most people probably aren’t familiar with. This book shows how primitive the financial markets were before banking regulations and the Fed came around.

The Great Depression: A Diary

This first-person account of what life was like during the Great Depression is not only a lesson in financial market history but also how difficult that period in history was for those living through it. I can’t recommend this one enough.

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How to hunt value and discounts in market!


The original post is by Mastermind, Megabaggers and appears here.

I find it ironic that more research is being done today than at any point in time in the past, yet a lot of value investors are failing to beat the market.

Ironically, the mountain of articles on popular investing websites just aren’t helping. Part of the problem might be due to the “more brains” problem Graham cited years ago. Since everybody on Dalal Street is so smart, all those brains ultimately cancel each other out.

This glut of brain power, investment research, and investors clamouring for bargains does not mean that you can’t beat the market. But, knowing how to pick value stocks is a key requirement, along with having a good strategy and being prepared to do things that most other investors aren’t.

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Announcing the launch of StockArchitect.com


Welcome to our blog. We are pleased to announce the launch of our website.

StockArchitect.com is an online stock market portal for people who trade in Indian stocks.

We at Stock Architect try to capture views of thousands of users, posting their opinions on social websites like twitter. We then try to aggregate all their views to give a consolidated output to the visitors of website.

The idea is to help people take an informed decision before buying a stock.

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