From cognition to actual combat, reconstruct investment logic.
Ten good books worth treasuring by investors
Today is the 25th World Reading Day. Have you read yet?
Charlie Munger said:"none of the smart people I've met in my life from all walks of life don't read it every day-no, none. You may be surprised by how much Warren reads. He is a book with two legs. "

It seems that Becoming Warrent Buffett should read more books to improve his knowledge.
If you have a reading plan, but you don't know where to start, you can't miss the list of books prepared by this rich road information for your friends.
Whether it is a classic of value investment, the struggle of the market, or economic theory, or the magnificent history of the economic crisis, these 10 books are all covered, and this book is recognized as a classic.
It's good to open a book, and it's not too late. Come and have a look at the dragon slaughter on the road of investment!
Beginners on the road: the simplest and most important

"the simplest thing in investment."
Author: Qiu Guolu
Investment seems to be a very complicated matter. Is there any way to reduce complexity to simplicity and directly address the nature of investment? By sharing rich investment examples, Qiu Guolu, a fund investor, introduces investment ideas and methods that are easy for ordinary investors to learn and operate: "cheapness is the absolute truth", "pricing power is the core competitiveness", "reverse investment", "common psychological misunderstandings of investors".
The book was also recommended by Zhang Lei, founder and chairman of Hillhouse Capital Group, Ba Shusong, deputy director of the Financial Research Institute of the Development Research Center of the State Council, and Qiu Guogen, chairman and chief investment officer of Chongyang Investment.
Of course, all scholars should know a sentence: "what you have learned from paper is not profound, and you must practice it yourself." "

"the most important thing to invest."
Author: Howard Max
This is the essence of the "ferocious Wall Street vulture" and Oak founder Howard Marks' investment memo over the past 20 years, revealing both the secret of his successful investment and mistakes that can destroy capital or ruin his career.
Chapter 20 tells investors how to "accurately value, understand risk, focus on cycle, reverse investment." He said in the last chapter, "I entrust you with the task of successful investment. It will bring you a challenging, exciting and thought-provoking journey. "

The Great Game: the rise of the Wall Street Financial Empire
Author: John S. Gordon
There is no doubt that Wall Street is the financial center of the world today, but if you go back to 350 years ago, Wall Street is just an ordinary street.
This is not only a book about the history of Wall Street, but also a book about American financial and economic history, and it is also a living textbook for us to understand and understand the capital market, the construction and development of the capital market. The historical events it describes make it clear that, to a large extent, Wall Street has promoted the growth of the United States from a primitive and single economy to a strong and complex economy. In every stage of American economic development, the American capital market, represented by Wall Street, plays an important role.
Value! Value!

Snowball
Author: Alice Schroeder
What is the secret of the success of the stock god? Buffett said: "Life is like a snowball, the key is to find enough wet snow and long enough ramps." "
Alice, a former managing director of Morgan Stanley, was authorized by Buffett to write the official biography. Over the past five years, I talked to Buffett for 2000 hours, interviewed his 250 friends, family and colleagues, flipped through numerous personal letters and files that Buffett never disclosed, and took you closer to the world of stock gods. see how floating deposits, compound interest and unparalleled concentration make him super-profitable.

The Treasure Book of Poor Charlie
Author: Peter Kaufman
It is believed that many value investors will hear this book when they get started. After all, it is a compilation of investment philosophy by Charlie Munger, Buffett's mentor and life partner.
Some people say that this book is like the earnest teachings of a wise old man, which contains not only suggestions on investment, but also tips on life wisdom. Open this book and see what Munger's most acclaimed "multiple thinking model" is. How to evaluate whether to invest in a project?
Everything about the financial crisis

"debt crisis"
Author: Redalio
On the 10th anniversary of the financial crisis in 2008, Redalio, the founder of Bridgewater, the world's leading hedge fund, unveiled his unique principles for dealing with the debt crisis. With these principles, Qiaoshui was able to accurately foresee developments and survive the crisis when other institutions were trapped by the crisis.
In this book, Dalio expounds the debt crisis and its coping principles through three parts: the debt large cycle model (explanatory model), three important cases (an in-depth study of the Weimar Republic of Germany in the 1920s, the Great Depression of the United States in the 1930s and the 2008 financial crisis), 48 historical cases and data comparative analysis.
Whether you are an investor, a policy maker, or just a reader interested in the crisis, this book will help you understand the economy and markets in new and enlightening ways.

The Nature of Finance: Bernanke talks about the Federal Reserve
Author: Ben Bernanke
The author is former Federal Reserve Chairman Ben Bernanke, who took office in the worst economic crisis since the Great Depression. Bernanke must face the impact of the financial crisis, prevent the US economy from going into the abyss, restore order in the financial system, and put the economy back on track.
After the financial crisis was basically over and the economy was basically stable, Bernanke made a profound summary and reflection on the financial crisis and the Federal Reserve.
This book is a series of "reviews" he made after the financial crisis, bringing together his own financial ideas about the financial crisis, the functions and policy tools of the Federal Reserve, and his financial ideas.
Upgrade and fight monsters in the market

Beyond Finance: Soros's philosophy
Author: George Soros
Soros, an investment guru, believes that bubbles in financial markets are almost inevitable and that the classic "efficient market hypothesis" in financial textbooks is unreliable. The root of these phenomena lies in the characteristics of human thinking, which determines that our understanding of the world is always local and distorted, so we can not correctly understand the financial market.
At the same time, Soros believes that "reflexivity" is the key to understanding human social phenomena, which he has earned tens of billions of dollars in financial markets. Soros believes that his lifelong success has been guided by this framework of thinking.
The quintessence of Soros's lifelong thought lies in the book beyond Finance: Soros's philosophy.

"beat Wall Street."
Author: Peter Lynch (Peter Lynch) / John Rothschild (John Rothchild)
If, as an amateur investor, you want to know how to pick stocks correctly, how to avoid the pitfalls, and how to pick the safest stocks with the biggest gains, take a look at Lynch's practical guide to stock investment strategies.
Lynch reviewed his investment experience in the Magellan Fund and summed up 25 golden rules for investing in stocks. Of course, some of them are no longer applicable to today's stock market, but the classics have been fresh for a long time. It can still benefit people a lot.

People who beat all Markets: from Las Vegas to Wall Street
Author: Edward Thorpe
Why is it so difficult to invest? How can we beat the market? What is the biggest risk in investment?
Edward Thorpe, the author of this book, is a man who can beat all markets. He is a mathematician, but his achievements are in the fields of gambling and investment. Thorpe believes that gambling and investment can be reduced to mathematical problems that can be solved through a set of simple algorithms.
Thorpe is not a "all-talk, no-do" theorist. He was the god of gamblers who swept through casinos in Las Vegas and forced casinos to change the rules collectively. He also founded hedge funds, which have not lost money for a single year in 29 years, and the field of quantitative investment he pioneered has revolutionized the global securities investment industry.
This book reviews Thorpe's life and reveals his own thinking and decision-making process. I believe it can bring inspiration to every investor who seeks in the market.

That's all for today's recommended books!
April is the most beautiful day in the world, which is a good time for reading! Don't let go of the paper, don't let go of the contribution, let's improve the "level of knowledge" together.
# which is your favorite investment book or wants to read? Come to the comment area and share it with you!
Edit / Iris Ray