Key insights
- An investor seeks recommendations for advanced value investing books to improve stock selection and entry points, aiming to concentrate their portfolio in fewer, well-researched stocks. The shift towards ETFs while researching individual stocks suggests a cautious approach, potentially reducing short-term volatility in a small portfolio. The impact on the broader US market is minimal, reflecting individual investor strategy refinement.
okay so I went from reading 0 books per year to now somewhere close to 30. it is funny how I never imagined that to happen, so now after reading at least 10 books related to Investing I am more intrigued about the top books I should consider next. I have a small 40k portfolio which according to me is pretty well balanced. but I want to switch my purchasing strategy to only buying low cost etfs until I researched better the stock I want to buy and improve my entry points which in previous years bitten my ass.. essentially making bigger bets in 5-10stocks.
looking for book recommendations that can take my journey to the next level.
books I already read: one up on wallstreet, the intelligent investor, education of a value investor (meh), psychology of money, a random walk down walkstreet, zero to one, black swan, thinking fast and slow and value investing.
I have already a few that I have on my "pending to read pile" but I want to see if I can get something great out of this sub.