I spend a lot of time reading. I feel it’s a waste of time when you are not reading and luckily our profession gives us not only enough time to read but also reading leads to better thinking which makes us better investors. It goes without saying though that one needs to implement what he reads. 1 book read and implemented is far better than 10 book read and forgotten.
But, it’s not to say that it’s a must to be a voracious ‘reader’. You must be a voracious ‘seeker of knowledge’ and that come from many sources. I have personally known people who are brilliant investors with very less reading and then few with impressive reading habits but average investing returns and then the rare breed of voracious readers and great investors. My intent is to be in that last list. Though my result of the ‘Sprint’ is very encouraging, the race is long and I am eager to move forward.
As promised in the article here, I have developed a reading list which in my experience a person should follow to not get biased and follow a systematic way to find his/her ‘OWN’ way of Investing/Trading.
Firstly, one should concentrate on getting broad idea about various successful investors and traders that existed and what all method they have followed. Few books do an outstanding job at encapsulating these winning investors/speculators.
These are the books that helped me find myself and many others like me. I hope they can do the same for you.