🧵 Since I started investing, I have read more than 500 investing books. In this thread you can find 10 books that will change your investment career forever.
No. The stock market is distorted by the blind buying and selling of target date funds. Blackrock and Vanguard dominate that market. Search for Mike Green's straightforward explanations of this widely overlooked distortion of stock prices. Price insensitive buy has bestowed trillion dollar market caps. You need to understand the game you are playing and this reading list ignores the impact of passive investing.
Excellent list!
Great list!
Thanks for sharing!
No. The stock market is distorted by the blind buying and selling of target date funds. Blackrock and Vanguard dominate that market. Search for Mike Green's straightforward explanations of this widely overlooked distortion of stock prices. Price insensitive buy has bestowed trillion dollar market caps. You need to understand the game you are playing and this reading list ignores the impact of passive investing.
I enjoy your letters but think that you've read a lot if misguided books.