Investing From Scratch

The books, in order

1. 1

   Personal Finance · 16 min

   O Rei dos Dividendos: A Saga do Filho de Imigrantes Pobres que se Tornou o Maior Investidor Pessoa Física da Bolsa de Valores Brasileira

   Luiz Barsi Filho

   People who keep swapping stocks to chase whatever is hot this week end up chasing their own tails; people who pick a few good companies and hold on let time do the work on its own.

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2. 2

   Personal Finance · 15 min

   Millionaire Teacher

   Andrew Hallam

   Rebalancing your portfolio once a year forces you to sell a little of what went up and buy a little of what went down, exactly the opposite of what your instinct tells you to do.

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3. 3

   Personal Finance · 15 min

   Rich Dad's Guide to Investing

   Robert T. Kiyosaki

   Saving money is only the zero rung: someone who just saves is not an investor yet, and the book describes four more rungs before anyone becomes an owner of their own business.

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4. 4

   Personal Finance · 17 min

   The Little Book of Common Sense Investing

   John C. Bogle

   A cost that looks small every year turns into a huge hole after twenty or thirty years, because it gets multiplied by compound interest too, only this time against you.

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5. 5

   Personal Finance · 16 min

   The Simple Path to Wealth

   J.L. Collins

   The more complicated your investing plan is, the more likely you are to wreck it yourself out of anxiety. Simplicity isn't laziness, it's protection.

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6. 6

   Personal Finance · 16 min

   Rule #1

   Phil Town

   Buying a stock without understanding what the company does is like lending money to a partner you've never seen work.

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7. 7

   Personal Finance · 16 min

   A Random Walk Down Wall Street

   Burton G. Malkiel

   A price that only rises because it rose yesterday is being held up by other people's expectations, not by any real value behind it.

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8. 8

   Personal Finance · 15 min

   The Intelligent Investor

   Benjamin Graham

   A stock isn't just a number flashing on a screen. It's a real piece of a company, with profits, debt, and people showing up to work.

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9. 9

   Personal Finance · 16 min

   The Four Pillars of Investing

   William Bernstein

   Studying past bubbles doesn't teach you to predict the next one. It teaches you to recognize the same emotional script playing out again with a new character center stage.

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10. 10

    Personal Finance · 17 min

    The Most Important Thing

    Howard Marks

    Identifying an excellent company is not enough. To earn a real profit, you must assess whether market optimism has already inflated its price enough to wipe out future returns.

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