recent reading

In the past month, I've read a few well written books about investing, all of which advocate value investing:

Bull's Eye Investing - Not only an interesting read, but the author was writing in 2004 and got a lot of things right about the subsequent six years.

The Little Book that Still Beats the Market - Starts off really hokey, but the second half makes a compelling case for buying quality stocks with cheap prices based on an objective formula that adjusts for varying tax rates and debt loads of companies, so you won't miss some good buys just because they have depressed earnings.

The Little Book of Sideways Markets - Explains why the overall stock market will continue to tread water with high volatility over the next decade and recommends a means of outperforming in such an environment. I thought this book might have been banal, but it actually makes a lot of smart, nuanced observations and is well written.