Found in 12 comments on Hacker News
jimkri · 2020-04-01 · Original thread
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel by Benjamin Graham

Its not an online course, but it's a great book! It has a lot of information in it, can be dry, but I'm really enjoying going through it so far. Warren Buffet has quoted it in his shareholder letters and other talks.


Also check out Warren Buffets shareholder letters, they are packed with great insights into investing.

sfs1 · 2017-12-06 · Original thread
The Intelligent Investor by Benjamin Graham.
kevinburke · 2016-09-23 · Original thread
(Economics major and longtime econ book/paper reader here) I very much enjoyed The Cartoon Introduction to Economics as an introduction to microeconomic concepts:

It's extremely readable and funny and covers most of the situations in real life where you can apply economic concepts to understand why something is the way it is.

Understanding why countries and economies grow (and why some grow faster than others!) doesn't always fall under the "economics" umbrella but is really useful for informing policy (and a useful reminder these days, when both US presidential candidates rail against trade agreements). "From Poverty to Prosperity" lays out a very readable and convincing argument for how countries have grown and become rich.

For finance I very much enjoyed The Intelligent Investor, which also (apparently) inspired Warren Buffett's investing philosophy.

cs702 · 2016-09-02 · Original thread
I agree with others on the "Meditations" by Marcus Aurelius.

Off the top of my head, I would add:

* "The Way to Wealth," by Benjamin Franklin: (also available online for free; it's in the public domain) -- no-nonsense practical advice from a super-successful individual

* Warren Buffett's Letters to Berkshire Hathaway shareholders: (also available organized by topic, in a bound book: which some will find much easier to read)

* "The Intelligent Investor," by Benjamin Graham (specifically the chapters titled "The Investor and Market Fluctuations" and "Margin of Safety"):

* "Influence: the Psychology of Persuasion," by Robert Cialdini:


* "Devil Take the Hindmost," by Edward Chancellor:

* "A Short History of Financial Euphoria," by John Kenneth Galbraith:

* "Extraordinary Popular Delusions and the Madness of Crowds," by Charles Mackay:

tmbsundar · 2015-11-30 · Original thread
> broad economical trends and projections

Any good Economics Text book will do: like Principles of Economics/ Principles of Microeconomics, Gregory Mankiw

You can also try, although, personally I have not taken these:

> FT and all the stats that CNBC shows me

For Investment valuation and Corporate Finance Damodaran is one of the best sources:

Visit his blog, read his books. He has online classes as well

Also you can try, (I've not taken this course):

For Value Investing, Benjamin Graham is a classic:

> For Technical Analysis and Futures Trading though, there are tonnes of books. May be you can start with these:

And lastly,

> combine my CS background with Finance and do something interesting in it

Go and read the intelligent investor by Graham (who taught Warren Buffet)

karmapolice · 2015-05-19 · Original thread
Stock market is not that risky in the very long term, say, 10 years or more, if done well.

And by "done well" I do not mean predicting ups and downs, but having a diversified portfolio (investing everything in one company is not a good idea, does not matter how promising or established it looks), which is doable with all the investment funds out there that ask for a very low minimum investment.

Check these books:

dave1619 · 2014-08-24 · Original thread
The short answer is that Warren Buffett combined quantitative aspects of investing (ie., Ben Graham) with qualitative aspects of investing (ie., Philip Fisher).

To get a better idea of these two approaches: Read Ben Graham's book:

and Read Philip Fisher's book:

Both are good reads.

stevenj · 2014-01-27 · Original thread
Two definitions of investing by notable people:

1. From The Intelligent Investor by Benjamin Graham: "An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative."

2. From Mr. Buffett on the Stock Market: "The definition is simple but often forgotten: investing is laying out money now to get more money back in the future -- more money in real terms, after taking inflation into account."

dbro · 2011-03-01 · Original thread
Read some good books. start with this one:
> The Intelligent Investor is good, however, it's a bit dated.

I found this edition helpful in that regard:

Each of Graham's chapters is followed by another chapter of interpretation/reflection on his advice in a modern context.

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