Financial advisor Cary Stamp shares a brief overview of the three investing books that had a major impact on his investment management and financial advisory career.
I’m Cary Stamp with Cary Stamp & Company, Principled Wealth Advisors. I want to share with you three books that have had a major impact on my investing career.
The first one is this one. It’s a little tiny red book. It’s called The Little Book of Common Sense Investing and it was written by the founder of Vanguard Funds, John Bogle. I highly recommend that any new investor take out this book and read it.
The second one is a book by famed Fidelity Investment Fund manager Peter Lynch. It’s called One Up on Wall Street. In that book, Peter Lynch describes to you how you can become an expert stock picker simply by looking at what’s going on in the world. What types of products you buy, what types of services you use and then using that intellect to determine which companies that you want to buy in the stock market.
And the third book is by Robert Hagstrom, it’s called The Warren Buffett Way. Since I was a little kid growing up in Des Moines, Iowa, I’ve always looked a little bit to the west to Omaha, to see what Warren Buffett was doing. He’s a legendary investor, he has one of the best long term return records, and he’s one of the richest people in the world. He’s also full of common sense and wisdom.
The Little Book of Common Sense Investing, One Up on Wall Street and The Warren Buffett Way. They should all be in your library. I’m Cary Stamp, this has been a Principled Wealth Moment.