If you want to invest in local market, I would suggest "I Love Stocks" by Pauline Yong. Simple but give you an overall understanding of the stock market.

To begin with, You have to start with basics. I mean You have to know the difference between bonds and funds,shares, deriatives, commodities and others. You can obtain the information from www.investopedia.com or www.nasdaq.com also www.klse.com. BTW Bursa sometimes makes free seminars, where different investment companies make presentations about stock market. You have to check it on their website if not mistaken is call KLSE TAlks. If You know everything I have mentioned before than You can start reading books about Warren Buffet, Soros and other famous investors.
NOTE: I am myself a beginner

Followed by "How to Make Money From Your Stock Investment Even in a Falling Market" by Ho Kok Mun, great insight

if u want to get a copy of Intelligent Investor can go visit my thread


This post has been edited by Molotov Cocktail: Dec 9 2010, 11:08 AM

All bookstores seem to have roughly the same prices, only difference is the sale/promotions offered at certain period...

If you're a Popular member, there's 20% off for all books till end of the year

There is? Last week when i visited Harris, I din't notice any sales going on.

The New Buffetology by Mary Buffet and David Clark

For extra reading, can consider Money in Warrants by Alan Voon. He explains the concept of warrant in stock market, and how to make profit from it.

This post has been edited by Nidz: Dec 26 2010, 01:21 AM

Tumpang thread..
personally I read rich dad prophecy.

Some good books which I found good to learn from :

1. Rich Dad Poor Dad by Robert Kiyosaki
2. Learn to Earn by Peter Lynch
3. One Up Wall Street by Peter Lynch
4. Beating the Street by Peter Lynch

These books can be bought at very competitive prices at bookdepsitory.co.uk (my favourite place to buy books).
Also, there are good websites with wealth of information such as investopedia.com, fool.com and smartmoney.com (these are also my favourites).

Have fun learning !

Too many but the truth is less than 5 of the really good books is enough to get you a long way.

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Added on December 29, 2010, 2:40 pmKiyosaki may be for the high schooler.. but Peter Lynch, I only know he's a major trader back in the day, why do you recommend all his books?

This post has been edited by Polaris: Dec 29 2010, 02:40 PM

He's legendary, you can look at his fund's performance during his tenure.

there are many books out there to suit all kinds of gamblers, investors, traders & etc
the trick is, r u able to apply theory into practice
do u follow it 100% or u mix & match to see its results, its an art per se

I know some r not interested & they rather let unit trust handle for them, no issues
some also got truly burnt & they let unit trust handle for them no issues either
it all depends on own preference

anyway, I do hold short term & long term position
there is nothing to update on long term position, coz it just sit there for dividend, bonus & etc
if want to make thread discussable, then u'll only see discussion on short term position

I have read & glance thru most of the books mentioned, but does it suit u?
dun take forever to decide who u wanna follow
all u need to do is put down ur real hard cash on the line
Voila! ur emotions come to play!! can u follow ur own rules or those 100% theory books when that time comes

It's good to have a reading list while actively trading for reflection and revision purposes.

kudos to that

well then, here's to more reading. whether in bolehland can apply the concept or not? no idea but in usa, heheh... a forumer said no spoon feeding

Nicolas Darvas was a renaissance man. Literate and athletic, he was good at a wide range of activities. He trained to be an economist at the University of Budapest. He earned a living at occupations as disparate as creating crossword puzzlesand sportswriting. He played championship pingpong. He toured Europe and the U.S. as one of the world’s highest paid ballroom dancers, book publisher Lyle Stuart noted in the preface
of one of Darvas’ works.

Darvas’ most enduring feat was conquering Wall Street — in his spare time. Still dancing full-time, he parlayed a $3,000 bet on a speculative
Canadian mining stock into a series of investments that culminated in a $2.25 million portfolio. That success earned him a profile in Time magazine. His 1960 book, “How I Made $2,000,000 in the Stock Market,” was a best-seller. It still pops up on reading lists for investors. Darvas’ book is notable for its skepticism about Wall Street’s conventional wisdom.

He wrote in a later book titled “Wall Street: The Other Las Vegas”: “Wall Street is nothing more than a huge gambling casino, bristling with dealers, croupiers and touts on one side and winners and suckers on the other. . . . I had been a winner and was determined to stay one.” He stayed one through his discovery of a strategy based on patterns formed by share prices. It was a strategythat involved no recommendations from analysts or brokers, no hot tips, no financial stories.

The crux of his strategy was price and volume data. Darvas (1920-77) developed what he called his box theory. As some stocks climb, their
share prices stay within a range. Some break through the bottom of that range — or box — and are less likely to rally much soon. Others
rise and set up a new, higher box. As soon as a stock climbed to start a higher box, Darvas liked to buy. Gradually he realized that institutional
support from big money on Wall Street helped keep top-performing stocks from falling out of their boxes. What his strategy boiled down to was capitalizing on winning stocks’ price gains.

That approach would be familiar to investors who use and know the importance of charting stock patterns. Darvas arrived at his technique
through a mix of circumstance and trial and error. Born in Hungary, he studied to be an economist at the University of Budapest. With the
outbreak of World War II in 1939, he feared the Nazis and communists vying for control of his country. At age 23, with a forged visa and a little money, he fled to Turkey. Teaming with his half-sister Julia, they became one of the most popular professional dance duos in Europe
and, later, America. In 1951 he came to the U.S. He trained diligently for eight hours a day to hone his hoofer skills.

Darvas applied his dogged determination to learn about stocks. Soon he had read 200 books on investing. His first stock was offered to him in
1952 by two Toronto nightclub owners. The impresarios said they would pay him for a dancing engagement with 6,000 shares of Brilund, a
Canadian mining firm. The stock then was worth 50 cents a share. Darvas didn’t take the Toronto gig. But to show goodwill, he bought
their Brilund stock for $3,000. He forgot about it until months later.

He glanced at the stock’s price in the paper. “I shot upright in my chair,” he wrote in “How I Made.” “My50-cent Brilund stock was quoted
at $1.90. I sold it at once and made a profit of close to $8,000.” He inspected charts. He noticed that as stocks moved up, they traded within a range. Leading stocks moved up again, trading in a higher range. He called each range the stock’s box. When a stock pulled back within a box, that was often a sign it would vault into a higher box. “Before a dancer leaps into the air he goes into a crouch to set himself for the spring,” Darvas wrote.

I have just finished reading "I Love Stocks" by Pauline Yong, so which is the next local books for beginners to read? I just went to popular bookstore and there are so many!!!
Which of the following should I choose:
1. Stock Market Secrets - Andrew Chia
2. Infinite Wealth - Lai Seng Choy
3. Conrad Alvin Lim/ Adam Khoo's books
4. How to make money from your stock investment even in a falling market - Ho Kok Mun
5. Roadmap to Financial Freedom - Yap Ming Hui
Pls advise, thx!

Intelligent Investor by Benjamin Graham for Sale. Anyone interested can PM me.

Rule #1 by Phil Town.

This is hands down one of the best books to read on value investing. It's also very easy to understand.

It even explains to u step by step how to start and what to look out for. Highly recommended, it doesnt look like much. But the simplicity is its best trait.

But its mostly related to the US market.

Here's a list of my favorite stock investment books. No Robert Kiyosaki here as he's nothing but a conman.

1.) Adam Smith - The Money Game
2.) Peter Lynch - One up on Wall Street
3.) Mackay - Extraordinary Popular Delusions and the Madness of Crowds (EXCELLENT book for all investors. Lessons still apply even now)
4.) Burton Malkiel - A random walk down Wall Street.