Books recommended by Warren Buffet

Here are the gems!!
Recommended by Warren Buffett (Years Unkown):
1.Benjamin Graham on Value Investing: Lessons from the Dean of Wall Street by Janet Lowe
2.Do Business with People You Can Trust: Balancing Profits and Principles by L. J. Rittenhouse
3.John Bogle on Investing: The First 50 Years by John C. Bogle
4.Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor by John C. Bogle
5.The Real Warren Buffett: Managing Capital, Leading People by James O’Loughlin
Of Permanent Value: The Story of Warren Buffett/2007 International Edition/in 2 volumes by Andrew Kilparrick
6.Will America Grow up Before it Grows Old : How the Coming Social Security Crisis Threatens You, Your Family and Your Country by Peter G. Peterson (Source: Of Permanent Value, Literary Edition page 197)
7.Father, Son & Co : My Life at IBM and Beyond by Thomas, Jr. Watson
8.Memos from the Chairman by Alan “Ace” C. Greenberg
9.Jack Welch Speaks: Wisdom from the World’s Greatest Business Leader by Janet Lowe
10.Quality Financial Reporting by Paul B. W. Miller & Paul R. Bahnson
11.Jack: Straight from the Gut by Jack Welch
12.Epidemic of Care : A Call for Safer, Better, and More Accountable Health Care by George C. Halvorson
13.Running On Empty: How The Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It” by Peter G. Peterson
14.The Man Behind the Microchip: Robert Noyce and the Invention of Silicon Valley by Leslie Berlin
Speculative Contagion: An Antidote for Speculative Epidemics by Frank Martin
15.The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Book Big Profits) by John C. Bogle

After a long break!!

Hi,

Today after long time, i am turning my interest towards making money. some 7 months back i have opened a demat account with one of the NSDL DP. This is mainly because some of roomies insisted on buying/selling stocks to make money. In fact my interest to develop my stock trading knowledge also stimulates me to open up a Demat account. I didnt start trading after opening demat a/c for 2 months, after which i started my first trade in NSE. Because of my financial conditions and circumstances, I am not much encouraged to take more risks in stock trading (Hell! I entered the market when the market is bullish). I am afraid to take more risks and deceided to invest a minimum sum. Since i averse risks, i deceided to stay invested and my goal is to earn over long term. So whatever minumum sum, i stay invested and didnt sell any of my stocks. Now my stocks are under performing, loosing over 60% of my minimum investment within 6 months of my entry. I am not much worried about it now, since i am focussing on long term. My interest is back, Thanks to one of my friend who began stock trading now. We were discussing about trading and some factors which we need to consider in buying and selling. Today i am searching for stock analysis and hit the below page about the DOW Theory which acts as the base for technical analysis.

http://www.wallstreetcosmos.com/ta.html

First activity in my To-Do list is applying for Re-issue of Pan card (I lost my previous one!). This financial year i am planning to make more risks in the capital markets.

1) ELSS Mutual fund (Now most of the ELSS MFs are performaing 60 % lower than 6 months before). Best time to enter MF and minumum risk involved. I have deceided to pick any one from the following.

• Fidelity Tax Advantage Fund
• SBI Magnum Tax Saver

After applying for PAN, i will start SIP in any of the above 2 funds.

2) Recurring Deposit - No Risk at all. I thought of opening an RD account with minumum of Rs 500 for one year.

3) Capital Markets - minumum available

Lets see how much of my plan works out. I also started believing "Greed is good".

Thanks!