Recommended Reading

Below are some books which we recommend to investors who would like to further understand the best minds in the market and other interesting topics:


Individually Managed Accounts

These are US centric but go into more detail about the benefits of Individually Managed Accounts.

  • Individually Managed Accounts – An Investor’s Guide
    Robert B. Jorgensen
  • Stop Wasting Your Wealth in Mutual Funds
    Don. F Wilkinson
  • Investing in Separate Accounts
    Erik H. Davidson and Kevin D. Freeman

Warren Buffett

Warren does not write books, but these are some of the many which have been written about him. For Buffett connoisseurs we highly recommend attending the Berkshire Hathaway AGM in Omaha, Nebraska on the first weekend in May each year:

  • Of Permanent Value – The Story of Warren Buffett
    Andrew Kilpatrick
  • The Making of an American Capitalist
    Roger Lowenstien
  • The Warren Buffett CEO
    Robert P. Miles
  • The Warren Buffett Way
    Robert G. Hagstrom

We also recommend reading the annual letter to shareholders which Warren writes each year. These are available at

Charlie Munger

The second member of the fantastic Buffett/Munger duo which can be witnessed in Omaha each year. Charlie is highly underrated and many believe that Buffett would not be where he is today without Charlie’s guiding hand.

  • Poor Charlie’s Almanack – The Wit and Wisdom of Charlie Munger
    Charlie Munger
  • Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger
    Janet Lowe

You can also access Charlie’s annual reports to Wesgo shareholders at

Peter Lynch

These two books are written by one of America’s all time great fund manager’s. They are also very entertaining.

  • One Up on Wall Street
    Peter Lynch
  • Beating The Street
    Peter Lynch

Ben Graham

Ben is considered the father of value investing and was Warren Buffett’s lecturer at Columbia University in New York. These books can be dry and technical but very informative.

  • Security Analysis
    Benjamin Graham and David Dodd
  • The Intelligent Investor
    Benjamin Graham
  • The Interpretation of Financial Statements
    Benjamin Graham and Spencer B. Meredith

Other Books

The remaining recommendations in this section are a broad selection of various finance books which we recommend:

  • Against the Gods – The Remarkable Story of Risk
    Peter L. Bernstein
  • Masters of the Market – Secrets of Australia’s Leading Sharemarket Investors
    Hughes, Wilson and Kidman
  • Fraud Busters – Personal Stories of Fighting Fraud from Australian Experts
    Macquarie Bank Lecture Series
  • Business Ethics – Australian Problems and Cases
    Damien Grace and Stephen Cohen
  • Fast Money – Guide to Australian Financial Markets
    Edna Carew
  • The Panic of 1907 – Lessons Learned from the Market’s Perfect Storm
    Robert F. Bruner and Sean D Carr
  • Liar’s Poker
    Michael Lewis
  • The Black Swan – The Impact of the Highly Improbable
    Nassim Nicholas Taleb
  • Reminiscences of a Stock Operator
    Edwin Lefévre
  • Fooled by Randomness – The Hidden Role of Chance in Life and in the Markets
    Nassim Nicholas Taleb
  • Common Stocks and Uncommon Profits
    Philip A. Fisher

Recommended Links

Testimony from Ben Graham to United States Senate 1955