The reading list.

Peter Lynch explains his approach to researching familiar businesses, reading financial statements and distinguishing between different types of companies.

• Business research
• Financial statements
• Company analysis

Mohnish Pabrai presents his Dhandho approach to capital allocation through business and investing examples, including the Patel motel industry. The book discusses investment risk and how much capital to commit.

• Capital allocation
• Risk
• Value investing

A collection of Charlie Munger’s talks, lectures and public commentary, exploring his thinking about businesses, investing and everyday decisions.

• Business
• Investing
• Decision-making

Thomas Phelps examines historical companies that produced large returns over long holding periods, and the business characteristics behind those outcomes.

• Business history
• Compounding
• Long-term investing

Peter Thiel and Blake Masters explore how new businesses are created and how innovation can produce a distinctive position in a market. The book contrasts developing new ideas with repeating established approaches.

• Entrepreneurship
• Innovation
• Competitive advantage

A guide to assessing a company’s reported earnings and understanding how much money the business is making. O’Glove focuses on the interpretation of company financial information.

• Accounting
• Earnings quality
• Financial statements

Robert J. Shiller examines how psychology and investor expectations contribute to speculative bubbles in stock, housing and bond markets. The revised third edition includes updated market data and his Nobel Prize lecture.

• Market psychology
• Speculative bubbles
• Investor behaviour