Below I have set out the Podcasts I listen to. The Twitter users I particularly follow for investing. The websites I look at. The books I would recommend to read. A few go to investors that I think it is worth trawling the web to find either their writings or interviews (many on YouTube).
This page was last updated 12/02/24
Podcasts - I spend a lot of time in the car commuting and podcasts are a good way for me to get information.
This Week In Intelligent Investing - Value and Deep Value Investing from MOI Global.
Merryn Talks Money - Merryn Somerset Webb and John Stepek with in my opinion some of the brightest and most interesting guests.
Money Makers with Jonathan Davis - A weekly review of the Investment Trust industry with a lot of fund managers talking about their portfolios.
The Value Perspective from Schroders - Value to deep value investing from people who do it for a living.
Motley Fool Money ( Daily and weekly podcast from MF. Basically business news of the day (or yesterday) . Some on processes and thinking about investing but mainly a news programme and a feel for the US that based in the UK I need).
Investors Chronicle - Used to be good on Companies and their results. Becoming a bit variable. Often a bit more journalistic than analytic.
AJBell - Money and Markets. Often rather simplistic.
You are not so Smart - Not strictly an Investing Podcast but absolutely eye opening on thinking and many fallacies in modern management and behaviour.
China EV and More - All about the Chinese EV car market and because China dominates this segment around the world quite a lot on the general EV market.
The Global Lithium Podcast - Joe Lowry with his take on what is happening in lithium.
You Tube
The Investors Podcast - I don't watch the regular shows that often. But the ongoing interview series done by William Green is excellent. They are however long 1.5 - 2 hours. Though he gets access to people that few others can.
Killick and Co - Weekly UK business update + regular retail training.
PI World - Relatively new but gradually building up a backlog of investor interviews.
Business Basics - Background on the thinking of top investors Buffett, Ackman etc.
Talks at Google - Its Google, they can get the "names" others can't. Investors are only part of what this shows.
Many of the UK investors on Twitter are dangerous pump and dump merchants but I do follow some and here is my top list. (Many of these do have a related website). Order is not intentional.
@miserlyinvestor - Investor in high quality companies for the long term. Very good at pointing out faddy thinking.
@TMFJMo - Jason Moser of the Motley Fool. Only US but I like his thematic thinking.
@ds_Lyons - Another who is not adverse to calling out rubbish.
@TheIdleInvestor - Market professional. Doesn't publicly make a lot of calls but when he does well worth looking at.
@stealthsurf - I do not trade but if I wanted to try and learn how to do it this is definitely one of the accounts I would look at.
@rhomboid1MF - Top quality private investor with very much his own picks.
@spudtheplumber - Not sure how he does it but he seems to be able to pick some "volatile" stocks and decent exit points. Unlike many he actually does enter and exit when he says. Not interested in ramping so you have to follow and check to see what he is doing.
@wheeliedealer - Full Time Private Investor. Good website with lots of information on how and why he does what he does.
@private_punter - Very good write ups on companies he visits
@reb40 Very well connected lady. Knows where the bodies are buried. Buried a few of them herself. But a lot of investors talk to her.
@dosh100 - Very competent private investor
@Tamzinpiworld - This lady runs PI world (see above for You Tube).
@SmallCappy - Part Time Investor.
@grindertrader - Part Time Private Investor. Also a bit of a lifestyle guru - matching expenditure to income etc.
@DavidatLumaca - Very good at pointing out dodgier end of the market
@TheIdleInvestor - Professional. Does not say much but when he does I recommend you listen.
Books - Many of these are investing books, but a number are business related. As per Warren Buffet the more I understand business the better I am at investing and the more I understand investing the better I am at business.
Richer, Wiser, Happier - William Green. If you are going to be an Investor rather than a trader and can only read one book, this is the one. And if you can only read two books read this one twice.
The Psychology of Money - Morgan Housel. If you are still trying to decide what type of Investor or Trader you are this might be the best book for you. If you have read William Green's book twice this is the third book I would recommend.
Margin of Safety - Seth Klarman. In many people's eyes the Value Investing bible. Second hand copies trade for $20,000+. But the internet and pdf makes it free to you.
The Checklist Manifesto - Atul Gawande. How to massively improve your outcomes. Something of an eye opener
The Intelligent Investor - Ben Graham. Value Investing.
Security Analysis - Ben Graham. Value Investing. Very important book but very, very dull.
One Up On Wall Street - Peter Lynch. Often referred too and often misrepresented. Has been suggested that more of Mr Lynch's success was due to short term (3 month) trading than is normally recognised.
The Art of Execution - Lee Freeman-Schor. A methodology for considering how you invest
The Little Book that Beats the Market - Greenblatt. A value investing style
The Big Short - Michael Lewis Just how crooked the whole system is.
Common Stocks and Uncommon Profits - Phil Fisher A style of value/momentum investing.
Thinking Fast and Slow - Kahneman. How to recognise what is happening and control your own reactions.
Influence - Cialdini Situational awareness
Predictably Irrational - Ariely Situational awareness
Drive - Daniel Pink What really motivates people
The Little Book that Builds Wealth - Pat Dorsey A value investing style.
Smarter, faster, Better - Duhigg How to be productive
Double your money in six months or less - Bob Fifer How to control costs in a business. To be taken with a pinch of salt as many of these might harm revenue
The Outsiders - Thorndike A book about the managers and companies you wish you had invested in.
What works on Wall Street - O'Shaughnessy - The original quant bible.
The Most Important Thing - Howard Marks. One of the key protagonists of second level thinking. Loads of wisdom on how to think about the markets and individual companies. He also writes a regular free newsletter. Look up Oaktree Capital.
Thinking in Bets - Annie Duke. The importance of properly understanding your decisions and improving them is very good. Also realising that result quality and decision quality are not one and the same.
Go To Investors
Any one of the authors listed above
Bruce Greenwald of Columbia Business School. Mr Greenwald has written a couple of books and there is a load of lectures he has given at various forums on You Tube. Again almost anything you can find from him is likely to be time well spent.
Walter Schloss. Value investing in a fairly unique but very clear way.
I would also say that anything by Charlie Munger is probably also worth reading or watching. Mr Munger has helped Warren Buffet be as successful as he has and much of what gets put out with him name attached is interesting stuff about how to think and understand what is happening. It is often a lot less direct on the investment methodology than Mr Marks or Professor Greenwald.
The most famous investor is Warren Buffett and there is a plethora of information and quotations from him. I would however raise three cautions. 1) A fair chunk of what is attributed to Mr Buffett is not the complete quote and gets used to advocate something different from that intended. 2) Mr Buffett plays with completely different levels of money than almost anyone else. As such he can do things other investors cannot and when he says think of x or y he can, you may not be able to do so. 3) Much of Mr Buffett's success is from buying businesses rather than investing in them. He can get a Board seat, probably in any business he wants. He can buy the entire business and replace anyone he wants. Whilst we are all buying a part of the business most of us cannot really make the sort of change Mr Buffett undoubtedly can.
There are a host of other sites available. Some of which I like, just not as much as these, some we actively dislike. The general advice is be a little careful. You need to understand what the site is trying to do and then read its advice in that context. I would particularly caution against sites that when discussing a company are fact light, or have a multitude of articles by different authors on the same topic. One or two real "experts" putting different points of view across is excellent. 5 or 6 freelancers regurgitating pieces from other sites less so.