I've gotten some useful advice here about the first books to read about investing.

There's Cramer's "Real Money", there's "The Intelligent Portfolio", and of course "Security Analysis".

Then there are books published by TMF.
I've read those.

What then, is the next step to take? I'm seeking to expand my knowledge base, and grow in Foolishness. The book needn't be about an area or aspect of investing that will be useful right off the bat, or that is maximally relevant under contemporary conditions. Just something to provide additional perspective, teach me things the texts mentioned above don't. Reccomendations? - BisonJake | Date: 12/24/2012 11:21:06 AM | Number: 26318

For an excellent book which explains the basis for the "Efficient Market Hypothesis" a great book is: Portfolio Theory and Capital Markets by William F. Sharpe. Sharpe was awarded the Nobel Prize in Economics for his work on Capital Markets and Security Pricing under uncertainty. Professor Sharpe is currently at Stanford University, and I believe he was there when he wrote the book -- a widely used textbook in Graduate Finance courses.

I used that book in a graduate Finance course in 1975 at the University of Wisconsin, Madison as part of a MS Finance & Economics degree the next year.

Kahuna, CFA
Investment Professional
1974 - Present