Join us on November 9, 2021 at 7:00 pm for Risk is a Four-Letter Word featuring Ed Gjertsen II, CFP, Registered Investment Advisor of Engage Wealth Group, LLC where we will discuss the fundamental nature of investment risk and strategies to balance risk with your financial goals. The recording of this event will be available until December 9, 2021 at https://youtu.be/v5J9d9Afcps.
Below are five book recommendations on the topic of risk in investing. For more books on investing, browse the business collection behind the reference desk at call number 332.6.
Books on Risk in Investing
Winning the Losers Game by Charles D. Ellis
Now in its eighth edition, Winning the Losers Game by Ellis is a must read for any long term, serious investor. Ellis has been coined “Wall Street’s Wisest man” by Money Magazine and among other achievements, teaches at Harvard, Yale, and Princeton. Skip the tuition and consultation fees and pick up this book.
Warren Buffett’s Ground Rules by Jeremy C. Miller
In this volume, Miller compiles—with permission—the letters of Warren Buffett, then adds context, explanation, and insight to the mind and life’s work of Buffet in order to walk the reader through seven rules to invest by.
In the 1970s, Schwab set out to make investors out of working-class wage earners. Uncover the beginnings of his company and its sale to Bank of America that almost doomed it. Read about the 1987 market collapse and the dot com Y2K bubble, and learn how the company managed client risk and growth in 2008.
Richer, Wiser, Happier by William Green
Learn strategic thinking, such as how successful investors think in interconnected ways to see trends clearly, use discipline, and act at the right time. Get an inside look at the thoughts of Howard Marks, Sir John Templeton, Mohnish Pabrai, and Laura Geritz.
A Random Walk Down Wall Street by Burton G. Malkiel
This updated edition to the classic text is everything you need to understand how Wall Street works today. Discover how to analyze all types of securities for potential future returns. Find all your questions about Bitcoin answered. Also learn about "tax-loss harvesting" in this new edition. Investors will find useful tips at every level of risk-tolerance.