SumZero, a kind of social network for the investment community, asked its members to share their favorite investment books in their user profiles.
HEDGE FUND READING LIST: Hundreds of investors say these 10 finance books are must-reads
1,120 large investors recommended these books.
The list is based on 1,120 responses, and ranked from least to most recommended. You can consider it a hedge fund reading list.
The books don't come cheap though. A used copy of the most recommended book retails for more than $900.
Here they are:
"The Essays of Warren Buffett" by Lawrence Cunningham
"Poor Charlie's Almanack" by Charlie Munger
"'Poor Charlie's Almanack'
"One up on Wall Street" by Peter Lynch
"Reminiscences of a Stock Operator" by Edwin Lefevre
"Common Stocks and Uncommon Profits" by Philip Fisher
"Security Analysis" by Benjamin Graham and David L. Dodd
"This new sixth edition, based on the classic 1940 version, is enhanced with 200 additional pages of commentary from some of today’s leading Wall Street money managers. These masters of value investing explain why the principles and techniques of Graham and Dodd are still highly relevant even in today’s vastly different markets. The contributor list includes:
- Seth A. Klarman,
- Margin of Safety
- James Grant,
- Grant's Interest Rate Observer
- Jeffrey M. Laderman,
- BusinessWeek
- Roger Lowenstein
- Buffett: The Making of an American Capitalist
- When America Aged
- Howard S. Marks, CFA,
"The most important thing illuminated" by Howard Marks
The Most Important Thing
"You can be a stock market genius" by Joel Greenblatt
- Spin-offs
- Restructurings
- Merger Securities
- Rights Offerings
- Recapitalizations
- Bankruptcies
- Risk Arbitrage"
"The intelligent investor" by Benjamin Graham
The Intelligent Investor
"Margin of Safety" by Seth Klarman
DON'T MISS: