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 Other recommended reading

Investment is no different from cooking or gardening. If you want to become a better cook or a better gardener, you would not hesitate to read good books, written by the experts who have devoted their lives to these pursuits.

In the UK, there is beginning to be a growing choice of investment books by UK authors, but we still depend, to a large extent on imports from America. When you consider that some of these books are written by investors of the stature of Peter Lynch, Kenneth Fisher and Martin Zweig, or are the detailed accounts of the lives and methods of investment giants like Warren Buffett, it is absurd that all aspiring investors do not drink deeply from the fountain of their expertise. In some cases, a lifetime's experience is packed into a couple of books. The time spent reading them should be richly rewarded by superior investment performance in the years ahead. I have already dealt with the question of primers and I have classified further suggested reading into three grades:-

1. Easy-to-understand post-primers
2. For more advanced readers
3. For experts and very advanced investors only