FINANCIAL PLANNING AND INVESTING

The College Solution: A Guide for Everyone Looking for the Right School at the Right Price-Lynn O’Shaughnessy

Lynn O’ Shaughnessy writes a good primer for college admissions and gives some interesting facts. I recommend this book to every parent who has their kids in high school and applying through the stressful college admissions process. She has own website and consultancy where she has many relevant blogs.

The Dhando Investor: The Low-Risk Value Method to High Returns- Mohnish Pabrai

Mohnish Pabrai talks about the dynamism of the Patel community (South Asian Indian business community) and the investing in low risk and high return businesses. He is very conversational and gives anecdotes about his fund. It is fast read and you do get some good nuggets from it.

Above the Maddening Crowd….How to Avoid Being Destroyed by the Wall Street Marketing Machine- Paul Winkler

This book gives us the real picture of the Investment Planning industry and how the past 5 years top performing funds are not the best funds to invest in. It is a very easy read especially for someone who does not know about investing. The takeaways are there is never a right time to sell or buy particular stock. It is about investment made on various time horizons and your risk tolerance. It gives some practical examples.