Seth Klarman: 32 Books That Every Investor Should Read

Last week we compiled our Top 50 investing Books Of All Time. Over coming weeks we’ll provide recommended reading lists from some of the superinvestors. Back in 2010 Jason Zweig interviewed Seth Klarman at the CFA Institute Annual Conference. During the interview Klarman was asked for his book recommendations. He provided a number of specific books and authors that investors should consider reading including:

1. Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor
2. Security Analysis
3. The Intelligent Investor
4. You Can Be A Stock Market Genius
5. The Aggressive Conservative Investor
6. The Forgotten Depression: 1921: The Crash That Cured Itself
7. Mr. Market Miscalculates: The Bubble Years and Beyond
8. The Trouble With Prosperity: A Contrarian’s Tale of Boom, Bust, and Speculation
9. Money of the Mind: Borrowing and Lending in America from the Civil War to Michael Milken
10. John Adams: Party of One
11. Minding Mr. Market: Ten Years on Wall Street With Grant’s Interest Rate Observer
12. Bernard M. Baruch: The Adventures of a Wall Street Legend
13. Mr. Speaker!: The Life and Times of Thomas B. Reed The Man Who Broke the Filibuster
14. When Genius Failed: The Rise and Fall of Long-Term Capital Management
15. Buffett: The Making of an American Capitalist
16. America’s Bank: The Epic Struggle to Create the Federal Reserve
17. The End of Wall Street
18. Origins of the Crash: The Great Bubble and Its Undoing
19. While America Aged: How Pension Debts Ruined General Motors, Stopped the NYC Subways, Bankrupted San Diego, and Loom as the Next Financial Crisis
20. Moneyball: The Art of Winning an Unfair Game
21. The Fifth Risk
22. Liar’s Poker
23. The Money Culture
24. The Undoing Project: A Friendship That Changed Our Minds
25. The Big Short: Inside the Doomsday Machine
26. Flash Boys: A Wall Street Revolt
27. Boomerang: Travels in the New Third World
28. The Blind Side: Evolution of a Game
29. Panic: The Story of Modern Financial Insanity
30. Losers
31. The Real Price of Everything: Rediscovering the Six Classics of Economics
32. Too Big to Fail: Inside the Battle to Save Wall Street

You can find notes from Jason Zweig’s interview with Seth Klarman at the CFA Institute Annual Conference 2010 here.

By Johnny Hopkins