Golf swings and guppy love - MoneySense

Golf swings and guppy love

Where to find investing ideas for 2007.


Where to find investing ideas for 2007.

Infectious Greed by Paul Kedrosky (free,

Kedrosky is both an academic and a venture capitalist. He divides his time between Canada and the U.S., while somehow finding the energy to write a darn funny but also informative blog about what he calls money culture. Here you’ll find insights on the market and on venture capital. Better yet, you’ll discover whether having a CEO who’s a good golfer tends to hurt a company’s stock market performance. (Short answer: yes.)

Our take: A must stop, especially if you’re interested in technology investing.

The Little Book of Value Investing by Christopher H. Browne ($23.99, Wiley)

A useful introduction to finding undervalued stocks by a managing director of Tweedy, Browne, the famed value investing firm. He takes you through the theory behind value investing then shows you how to put a stock under the microscope.

Our take: Browne isn’t a particularly graceful writer, but his book offers a great crash course in the essentials of stock picking.

More than you know by Michael J. Mauboussin ($31.69, Columbia University Press)

The subtitle of this book is Finding Financial Wisdom in Unconventional Places and Mauboussin, a Wall Street equity analyst, delivers on that promise. He demonstrates how Tiger Woods’s golf swing, Tupperware parties and guppies’ mating behavior all contain lessons for investors.

Our take: A fast, fun read and one that will stretch your notions of where to find stock market ideas.

Make Money, Not Excuses by Jean Chatzky ($32.95, Crown)

This book by a Time magazine columnist offers eminently practical advice — mostly for women, but suitable for guys, too — on how to get your personal finances in order, starting with four simple rules: make a decent living, spend less than you make, invest the rest, and protect yourself from disaster.

Our take: Chatzky’s focus is purely on the U.S., so you’ll have to do some cross-border translation, but we like her down-to-earth tone and practical tips on everything from how to save to how to shop.

Annual Reports 101 by Michael Thomsett ($24.95, Amacom)

If you’ve ever wanted a plain English guide through accounting jargon, this is it. Thomsett, a former accountant, explains how to break down an annual report to spot potential problems or opportunities.

Our take: One of the clearest, most helpful books we’ve seen on how to decipher a financial statement.