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As for stocks, I like Peter Lynch’s book Beating the Street for his formula for selecting stocks that grow in value.
Robert T. Kiyosaki • Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!
He is both well liked and very intelligent. He is also very rich. I consider his annual “Chairman’s Letter” (in the Berkshire annual report) to be indispensable reading for anyone wanting to do well in business.
Rabbi Daniel Lapin • Thou Shall Prosper: Ten Commandments for Making Money
Peter Lynch, one of the few fund managers who made above-market returns and then got out before the market leveled him, wrote in his book One Up on Wall Street that the amateur investor has “numerous built-in advantages, which, if exploited, should result in outperforming the market and the experts.” In other words, you should be doing this yoursel
... See morePhil Town • Rule #1: The Simple Strategy for Getting Rich--in Only 15 Minutes a Week!
Either your stop moves or your position size
Mark Minervini • Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
On the other hand, if you want to achieve superperformance, diversifying your portfolio too much is counterproductive.
Mark Minervini • Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
"I learned this from Schwarzman. People don't give money to the investors they think are going to make the most money, they allocate to people they like."