Resources
The Investment Club facilitates several group-learning activities, such as our Modeling 101 course and portfolio discussions, but we also encourage individual learning through reading. To this end, we have accumulated a library of rich literature written by the world's greatest investors, which offers considerable educational opportunities. This library includes Warren Buffett's Annual Reports to Shareholders and speeches, Tweedy Browne annual reports and commentaries, Bill Gross' quarterly economic reviews, fundamental research guides, sample interview questions, and several buy-side related presentations from Tuck visitors. We have attached our recommended reading list for those interested.
Tuck Investment Club's Recommended Reading List:
Text/Reference Books
- Intelligent Investor, Benjamin Graham
- Security Analysis, Graham and Dodd (get one of the earlier editions with the Buffett preface)
- Expectations Investing, Alfred Rappaport
- One Up on Wall Street, Peter Lynch
- Buffett: The Making of an American Capitalist, Roger Lowenstein
- Valuation, Measuring and Managing the Value of Companies, McKinsey
- Investment Valuation, Aswath Damodaran
- Common Stocks and Uncommon Profits and Other Writings, Philip Fisher
- Pioneering Portfolio Management, David Swensen
- Margin of Safety, Seth Klarman (out of print)
Case Studies and Other Non-fiction
- In an Uncertain World: Tough Choices from Wall Street to Washington, Robert Rubin
- Smartest Guys in the Room, Bethany McLean & Peter Elkind
- Barbarians at the Gate, Bryan Burrough & John Helyar
- Liar's Poker, Michael Lewis
- Moneyball, Michael Lewis
- When Genius Failed, Roger Lowenstein
- Monkey Business, John Rolfe & Peter Troob
Investment Reports and Industry Publications
- Annual reports of companies that interest you
- Berkshire Hathaway annual reports (archived on Berkshire website) and early partnership letters
- Tweedy Browne annual reports to shareholders, speeches, and website
- Southeastern Asset Management annual reports to shareholders
- Newsletters: Jim Grant's Interest Rate Advisor; High Tech Strategiest; Mark Fobber's Macro Boom, Doom, and Gloom Report
- Sell-side analyst reports (do your own work, but don't reinvent the wheel on the basic stuff)
- PIMCO quarterly reports (on website) written by Bill Gross
- Any additional industry rags
Useful Free & Subscription Websites
