Partnership structures align risk with decision-making; corporate structures dissociate them
The Problem With Passive Investing Nobody Talks About · Philip Roscoe
Markets are human constructs, not laws of physics — and can be redesigned
The Problem With Passive Investing Nobody Talks About · Philip Roscoe
Act as if markets are efficient — not because they are, but because the assumption protects you.
Do We Need To Change Our Minds About Index Funds? · Tim Harford
Zero rates systematically transfer wealth from cash-poor savers to leveraged asset owners — every cycle tightens the ratchet
The Interest Rate Crisis Has Just Begun · Edward Chancellor
Value a business line by line so forecast errors cancel instead of compound.
How to Invest in Stocks · Sasha Yanshin
Past data tells you nothing about which company's share price wins next.
The Investing Advice I Wish I Knew Earlier · Toby Newbatt
Replace fixed withdrawal rates with course-corrected, lifestyle-aware retirement spending
The Problem With Saving 10% of Your Income · Ben Felix
Convert every painful failure into a written decision rule — then automate those rules before emotion can override them
Ray Dalio: We're Heading Into Very, Very Dark Times! America & The UK's Decline Is Coming! · Ray Dalio
Write your way through fear by defining, preventing, and preparing for worst cases
How to Use Stoicism to Choose Alive Time Over Dead Time · Ryan Holiday & Tim Ferriss
Think beyond the obvious consensus to find where the crowd is wrong
Howard Marks: How I Mastered the Markets - My Advice From 50 Years of Investing · Howard Marks
Use your everyday observations as an investment edge
One Up On Wall Street · Peter Lynch
Categorize stocks into six types to match your investment strategy
One Up On Wall Street · Peter Lynch
To outperform, you must think differently AND better than the consensus
Howard Marks — How to Invest with Clear Thinking · Howard Marks
People don't follow the best evidence — they follow the most compelling narrative
How People Think · Morgan Housel
Trust intuition only in regular environments with feedback-rich practice
Daniel Kahneman: Putting Your Intuition on Ice · Daniel Kahneman
Avoid groupthink
The Art of Execution · Lee Freeman-Shor
A small number of events account for the majority of outcomes
The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness · Morgan Housel
Real traders do not watch the news; they watch the markets. Markets tell you the truth.
The Trading Game: A Confession · Gary Stevenson
Invest in businesses, not stocks
Berkshire Hathaway Shareholder Letter 1987 · Warren Buffett
Identify and counteract the cognitive biases that destroy investment returns
A Random Walk Down Wall Street · Burton G. Malkiel
Two competing theories of value: intrinsic worth versus crowd psychology
A Random Walk Down Wall Street · Burton G. Malkiel
Be fearful when others are greedy, and greedy when others are fearful
The Intelligent Investor · Benjamin Graham
Your biggest investment risk is not the market — it is your own behavior
The Intelligent Investor · Benjamin Graham
Systematically find undervalued stocks through quantitative screening and special situations
The Intelligent Investor · Benjamin Graham
Evaluate businesses by their true earning power, not by Wall Street's reported numbers
The Intelligent Investor · Benjamin Graham
An investment operation promises safety of principal and adequate return upon thorough analysis
The Intelligent Investor · Benjamin Graham
Choose your investing approach based on time, skill, and temperament — not ambition
The Intelligent Investor · Benjamin Graham
Only invest when the price is significantly below calculated intrinsic value
The Intelligent Investor · Benjamin Graham