What are some good introductory, mainstream books on bond investment?
I want to get a book for father’s day, and figured it’d be about as good a idea as any, specifically because he’s uncertain about diversifying his portfolio.
If it’s about diversifying his portfolio and understanding risk better, then Swensen’s "Unconventional Success" is a very good and readable book. Swensen heads the Yale endowment fund and has a very good reputation and insights into personal investing as well. Check out the summary on Amazon.
I would advise against a bond book, because every one i is either very quantitative or boring or both. The best place to learn about bond basics is actually online. But that’s not much of a father’s day present.
For a popular and exciting book in finance circles that’s very readable as well (kind of rare), check out "Black Swan" by Taleb. It talks about those rare unseen risk events that shocks finance systems.
Check those two out on Amazon. You may find something else within those summaries that will point you to a better book suited to your father’s tastes. Good luck.
If it’s about diversifying his portfolio and understanding risk better, then Swensen’s "Unconventional Success" is a very good and readable book. Swensen heads the Yale endowment fund and has a very good reputation and insights into personal investing as well. Check out the summary on Amazon.
I would advise against a bond book, because every one i is either very quantitative or boring or both. The best place to learn about bond basics is actually online. But that’s not much of a father’s day present.
For a popular and exciting book in finance circles that’s very readable as well (kind of rare), check out "Black Swan" by Taleb. It talks about those rare unseen risk events that shocks finance systems.
Check those two out on Amazon. You may find something else within those summaries that will point you to a better book suited to your father’s tastes. Good luck.
References :
http://www.amazon.com/Unconventional-Success-Fundamental-Approach-Investment/dp/0743228383/ref=sr_1_1?ie=UTF8&s=books&qid=1244230474&sr=8-1
http://www.amazon.com/Black-Swan-Impact-Highly-Improbable/dp/1400063515/ref=sr_1_1?ie=UTF8&s=books&qid=1244230502&sr=1-1
A great book is "How to Invest in Bonds" by Hugh Sherwood.
It has everything you want about bonds
Also suggest "Get Rich Investment Guide: January 1985" by consumer digest.
These books may be older, but their advise is still valid.
References :
http://www.abebooks.com