Books on investing/stock market for begginers?

Recommendations for books on investing/stock market for begginers? College kid wants to learn more!

Also, some intermediate level ones too. Thanks!

[mowz]

See my post from two days ago. PM me if you want to talk as I am a recent grad just getting into this. We can trade IM info if you want to discuss things.

http://forumserver.twoplustwo.com/showfl...e=2#Post4191180 (http://forumserver.twoplustwo.com/showflat.php?Cat=0&Number=4191180&an=0&page=2#Post 4191180)

[DiamondDave]

http://www.berkshirehathaway.com/letters/letters.html

[JimNashe]

If you're serious about investing for the long term, the best books for beginners are both by Benjamin Graham http://en.wikipedia.org/wiki/Benjamin_Graham.

The Intelligent Investor - http://www.amazon.com/exec/obidos/tg/det...ks&n=507846 (http://www.amazon.com/exec/obidos/tg/detail/-/0060555661/qid=1134829283/sr=8-1/ref=pd_bbs_1/104-9518827-4630318?v=glance&s=books&n=507846)

and

Security Analysis - http://www.amazon.com/exec/obidos/tg/det...ks&n=507846 (http://www.amazon.com/exec/obidos/tg/detail/-/0071448209/qid=1134829283/sr=8-2/ref=pd_bbs_2/104-9518827-4630318?v=glance&s=books&n=507846)

If you want to play the stock market like a game of bingo (trading), check out the link mowz gave above.

[Sniper]

[ QUOTE ]
If you want to play the stock market like a game of bingo (trading),

[/ QUOTE ]

Bingo???... Bingo is random... Trading is odds based!

[JimNashe]

Okay, a better analogy would be the horsetrack I guess.

[Sniper]

[ QUOTE ]
Okay, a better analogy would be the horsetrack I guess.

[/ QUOTE ]

Not unless you are the Jockey! /images/graemlins/wink.gif

[Gunny Highway]

[ QUOTE ]
...by Benjamin Graham ...

[/ QUOTE ]

Good choice. He's always credited with being Buffett's biggest influence, but if you look at Buffett's style over the years, his other mentor, Phil Fisher, was probably just as influential. Every investor should read his book, Common Stocks & Uommon Profits. Stocks for the Long Run by Siegel is also a must.

[JimNashe]

Thanks for the tip, I just added Stocks for the long run to my already overflowing amazon shopping basket.

[buffett]

[ QUOTE ]
Stocks for the Long Run by Siegel is also a must.

[/ QUOTE ]
Four quick Siegel notes:
1. Mr. Buffett's other mentor/friend/partner Charlie Munger recently called him a nut case (http://forumserver.twoplustwo.com/showflat.php?Cat=0&Board=stocks&Number=4109434&Sea rchpage=1&Main=4109434&Words=%26quot%3Bnut+case%26 quot%3B&topic=&Search=true#Post4109434).
2. He was my professor once. I visited him in his office, and he basically laughed at me for idolizing Mr. Buffett so much. He also criticized my having such a high percentage of my investments (it was more than 50% at the time) in the stock of Berkshire Hathaway, but he was mainly laughing at my "hero worship."
3. His class is a zoo. For the first 30 minutes (when he does his daily market commentary), it's standing room only, every seat taken and ~40 people standing against the back wall. As soon as he wraps that part of class, there's a mini-stampede as the hangers-on/auditors leave before he begins the 60-minute lecture portion of the class.
4. He's a pretty nice guy.

[JimNashe]

the Charlie Munger interview is here, btw. for those following this thread: http://www.kiplinger.com/personalfinance/features/archives/2005/11/munger.html