Turbulent time, researche and education

Dear Tyumen Value Investors Fellows,

Happy New and prosperous 2008,

Looking into the turbulent start of the year and the uncertain times ahead we should invest time in researches and self development. Below are listed some of the books I think are useful as for the less experienced fellows and for the more advanced among us. I was reading some of the books and highly recommend them. Starting with the 3 mentors of Warren Buffett - Benjamin Graham, John Burr Williams, and Philip Fisher and ending up with Buffett himself, Peter Lynch and Joel Greenblatt:

1.) The Intelligent Investor, Benjamin Graham
2.) Security Analysis, Benjamin Graham
3.) The Interpretation of Financial Statements, Benjamin Graham
4.) The Theory of Investment Value, John Burr Williams
5.) Interests, Growth & Inflation, John Burr Williams
6.) Common Stocks and Uncommon Profits, Philip Fisher
7.) Essays of Warren Buffett, Lawrence Cunningham
8.) The Little Book that Beats the Market, Joel Greenblatt
9.) Beating the Street, Peter Lynch
10.) One Up On Wall Street, Peter Lynch
11.) The Warren Buffett Way, Robert Hagstrom

Any person seriously interested in value investing should start with "The Intelligent Investor" ( by far the best 15 USD you could ever invest in self development) and read it a few times. All other books are highly recommended and help to round up one's understanding of Value Investing.

Wish you lot of pleasure,

KE