[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/lit/ - Literature


Thread archived.
You cannot reply anymore.


[Advertise on 4chan]


File: IMG_0230.jpg (50 KB, 640x640)
50 KB JPG
I need books I can read and actually learn something from. It’s hard to know what is legitimately good when you have all these rich and famous fucks pushing books they allegedly recommend, when they are either the author of it or probably are friends with the author.

Using AI isn’t of any help either since it pulls results from the web, which also recommends these slop books.

I don’t know where to turn to for real knowledge. People say go on YouTube, but once again slop is being churned out everywhere. Alex Hormozi for example. It seems everyone is trying to sell you a course or book on how to make money, when that is the mechanism they are using to make money.
>>
>>25380848
Confidence-Man: His Masquerade
J R
>>
I’d like to fill asuka’s pussy with my cock and later semen but she’s an anime girl so that’s not possible. Books for this feel?
>>
Margin of safety
Intelligent investor
Alchemy of finance (more philosophy than practical knowledge)
A random walk down wall street

Not a book, but skrieli finance course on yt is pretty good.
>>
Trading and Exchanges: Market Microstructure for Practitioners

Shrekeli's youtube course unironically tries to teach you wrong stuff. I think it's an attempt to troll his viewers.
>>
>>25380848
Invest in the S&P 500. There. Saved you a book reading.
>>
>>25380848
Every math textbook that exists. Just fucking learn math and use common sense.
>>
Finance itself is a goyslop topic.
>>
>>25380859
>Trading and Exchanges: Market Microstructure for Practitioners
looks p comfy got anything newer that covers the same ish tho cuz that shit is ancient
>>
Why Stocks Go Up and Down by William H. Pike

This isn't financial advice by the way.
>>
in addition to whatever else, skim an accounting textbook.
>>
>>25380848
A Random Walk Down Wall Street
>>
The Boglehead's Guide to Investing
>>
>>25382339
>anything newer

no
>>
File: Saving Your Future book.jpg (208 KB, 1080x1490)
208 KB JPG
>Saving Your Future: Basic Principals of Building a Financial Foundation by World System Builder
(I read this^^^ when I set out to become a financial advisor, it's very informative while being only about ~80 pages and it can be easily found for free online)
>You2: A High-Velocity Formula for Multiplying Your Personal Effectiveness in Quantum Leaps
>>
>>25380848
Options Greeks
>>
>>25380848
Before you start with anything I would highly recommend that you have at least a basic grasp of macroeconomics 101. Microecon is not as necessary although it might be useful. For learning about this I’d unironically use normal learning tools like watching Khan Academy videos on YouTube. On the stock market general (/smg/) on /biz/ there is a link that also contains useful learning tools for this. You could delve into the literature instead by reading Adam Smith, then Ricardo, Marx, Marshall, Keynes etc. to learn it directly from the primary sources but this is really not worth it unless you are extremely serious about studying this stuff.

If you seriously want to study finance without interacting with the financebro stuff (which is understandable, and even wise if I may say so), Marcia Stigum’s The Money Market is highly essential. Most subjects regarding financial markets are covered here despite its last edition coming out in 2007. It remains a highly regarded work for all things finance by lawyers, academics etc. This is a quintessential work.

After that you can do what you want, although it might be useful to read something a bit more recent, so here are some recommendations.
- Why Stock Markets Crash by Didier Sornette is an academically written study on, well, why stock markets crash. Very dry and academic at times but very useful.
- After the Music Stopped by Alan Blinder. Written by former Vice Chairman of the Federal Reserve. This is a book about the 2008 financial crisis and it is the book that got me interested in this stuff in the first place. I’d recommend his book A Monetary and Fiscal History of The United States, 1961-2021 to be read alongside it. Very informative reads that explain certain concepts in macroeconomics and finance really well. These are good starting points if you don’t know much about finance/econ. Do be aware that Blinder is very much a keynesian which makes him biased. Aside from that, he’s quite good.
- I would also recommend having some general knowledge about the history of financial/economic institutions in general. For this, I recommend The House of Morgan by Ron Chernow, A History of The Federal Reserve by Allan Meltzer, Monetary Policy in The United States by Richard Timberlake and A Financial History of Western Europe by Kindleberger. These books should adequately catch you up to speed on financial history up until at least recent times. Blinder’s history mentioned earlier should help as well. The work of Sebastian Mallaby is also great, More Money Than God is a good history of hedge funds.
- if you made it this far you might as well read the political economists that I mentioned earlier like Adam Smith, Ricardo, Marx, Keynes etc. These guys are more readable than you might think and greatly affected the way finance is looked at today (even Marx, Volume 3 of Capital is fascinating). Again, not recommended as a starting point, but I do recommend checking them out at some point.
>>
>>25383976
>start with options bro, it'll be so much fun
Based life wrecker
>>
>>25380848
I've read Ricardo, Henry Hazlitt and some Rothbard. Menger filtered me somewhat but it doesn't mean it would filter you.
Of those mentioned, Rothbard (can be) the most accessible.
Yes, he's the most jewy jew that's ever kike'd about on earth, but he's genuinely very helpful in understanding a lot about monetary policy, the credit system/repos and banking in general.
>>
>>25380848
just invest in an s&p500 ETF. It beats the market like 90% of the time
>>
bump
>>
>>25380848
>Financial books that aren’t goy slop?
>Thread full of goyslop
>No Marx yet
Stay deluded, I guess.
>>
>>25387004
I mentioned Marx in my post >>25384694
I’m jewish btw
>>
Basic Economics by Thomas Sowell was the algorithmic recommendation made to me that I now pass forward to you. I didn't agree with his standpoint on everything and was often debating with the book, but it was an interesting introduction to the world of money from an outlook different from the typical financial funnel promotion book so it's probably the kind of thing you're looking for in your description



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.