The Best of Farnam Street 2019
We read for the same reasons we have conversations — to enrich our lives. Reading helps us to think, feel, and reflect — not only upon ourselves and others but upon our ideas, and our relationship …
We read for the same reasons we have conversations — to enrich our lives. Reading helps us to think, feel, and reflect — not only upon ourselves and others but upon our ideas, and our relationship …
“In the chronicles of American financial history,” writes David Clark in The Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway’s Vice Chairman on Life, Business, …
“All that glitters is not gold,” the saying goes. The aesthetics of things often fool us. People we call ignorant might not be ignorant. People we call smart might not be smart. The Green …
One of the most impactful books we’ve ever come across is the wonderful Seeking Wisdom: From Darwin to Munger, written by the Swedish investor Peter Bevelin. In the spirit of multidisciplinary …
The Great Mental Models Volumes One, Two and Three are out. Things are not always as they appear. Often when we solve one problem, we end up unintentionally creating another one that’s even …
Investing money can seem a little rudderless at times. One day you hear that stocks are risky and the next that they’re indispensable. Some days it seems like stocks only go up and sometimes that they …
An interview I gave that I think you’ll enjoy as I talk about reading, mental models, investing, learning and more. *** Shane Parrish is the curator for the popular Farnam Street Blog, an …
An excerpt from The Aspirational Investor: Taming the Markets to Achieve Your Life’s Goals that I think you’d enjoy. Most of us have a healthy understanding of risk in the short term. When …
Keeping things simple makes a huge difference and yet we are drawn to the sexiness of complexity. Einstein was a master of sifting the essential from the non-essential. And consider this from Charlie …
I’ve already outlined 12 books the sophisticated investor should read. Now Jason Zweig, Knowledge Project Guest and author of Your Money and Your Brain, chimes in with the books he recommends …
I read Guy Spier’s book, The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment, in a single sitting. The section of the book I was most interested in …
If you’re looking for something to read that will improve your ability as an investor, I’d recommend any of the books below. All 12 of them are deeply informative and will leave an impact on you. 1. …
There is no one better to explain the concept of Mr. Market than Warren Buffett, who has used to to make billions of dollars and remain calm when all around him were losing their heads. In the 1987 …
When legendary investor Warren Buffett was asked what the best money advice he ever received, he replied referencing “by far the best book on investing ever written,” The Intelligent Investor, written …
Hetty Green knew a thing or two about making money. “A millionaire a hundred times over, she made made her mark beside Carnegie and Morgan, Vanderbilt and Rockefeller.” Oh yea, and she did …
Michael Mauboussin talking about his new book The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing with the WSJ: The key is this idea called the paradox of skill. As …