Ask HN: Best investment books?
What would be some good introductory books on investing and finance?
More specifically, I'd like to be able to make sense of the data and graphs up here: http://www.google.com/finance?q=goog.
More specifically, I'd like to be able to make sense of the data and graphs up here: http://www.google.com/finance?q=goog.
My question to you would first be whether you want to learn investing from a technical perspective, which is analysis of graphs, or fundamental perspective, which goes to the fundamentals of things that positively affect Google=good, negatively affect Google=bad.
How hard is fundamental anaylsis? depends. you just need to make sure you constantly stay up to date with the latest news, ability to analyze financial statements (can get hard). I mean all the stuff stayed previously are just plain old simple speculations, which basically drives for most of the market activities. There's no trick, but if you can somehow know how the people will speculate, you'll be well off.
Technical analysis is voodoo science to some, and best thing ever discovered to others. Some has lost fortunes, and some has been consistently outperforming and winning.
I personally just like Warren Buffet books because they are inspirational. It all really depends on which financial sector or knowledge you want to learn.
1) A random walk down wall street
2) The little book of common sense investing