w w w . t i c o n l i n e . c o m

READER'S CORNER

Here are some books that we've found extremely informative in our continual quest to become better investors. If you find yourself moved by any of the reviews please feel free to click on the book to purchase a copy for yourself.

If you have any recommendations please feel free to email me at jim@ticonline.com.

Do Business With People You Can Trust, L.J. Rittenhouse

At time when investors are wondering who to trust, L.J. Rittenhouse has written the first-ever guide to identifying trustworthy business leadership. She examines the letters that CEOs write in their annual reports to show readers how to spot executives with clear sight, wise judgment and the ability to balance profits and principles. While many people complain that these letters are a waste of time to read, Rittenhouse shows investors how to read between the lines to ferret out useful information that management may be trying to hide. Order it now!

The Warren Buffett CEO; Secrets of the Berkshire Hathaway Managers, Robert Miles

The first book to reveal the investment and management strategies of the Berkshire Hathaway all-star management team Much has been written about Warren Buffett and his investment philosophy; little has been made public about the inside management of Berkshire Hathaway. With a market cap exceeding 100 billion, Berkshire Hathaway has a market value surpassing those of IBM, Dell, Home Depot, AT&T, Disney, Ford, Gillette, American Express, and GM. Drawing on his personal experiences as well as those of Berkshire's chief executives, officers, and directors interviewed for this book, Berkshire insider Robert P. Miles provides a unique look at the Berkshire Hathaway culture and its management principles. Order it now!

How to Pick Stocks Like Warren Buffett, Timothy Vick

Warren Buffett has been dubbed the world's greatest investor. Surely, few investors have matched his incredible investment performance. Proven author and editor of Today's Value Investor Timothy Vick reveals Buffett's patented investment strategies in this bold book. At age six, Warren Buffet paid a quarter for a six pack of Cokes and sold each can for a nickel - a return of 20%. From then on he compounded his returns at better than 20%. Order it now!

Man's Search For Meaning, Viktor E. Frankl

Man's Search for Meaning by Viktor E. Frankl is among the most influential works of psychiatric literature since Freud. The book begins with a lengthy, austere, and deeply moving personal essay about Frankl's imprisonment in Auschwitz and other concentration camps for five years, and his struggle during this time to find reasons to live. The second part of the book, called "Logotherapy in a Nutshell," describes the psychotherapeutic method that Frankl pioneered as a result of his experiences in the concentration camps. Freud believed that sexual instincts and urges were the driving force of humanity's life; Frankl, by contrast, believes that man's deepest desire is to search for meaning and purpose. Frankl's logotherapy, therefore, is much more compatible with Western religions than Freudian psychotherapy. This is a fascinating, sophisticated, and very human book. At times, Frankl's personal and professional discourses merge into a style of tremendous power. "Our generation is realistic, for we have come to know man as he really is," Frankl writes. "After all, man is that being who invented the gas chambers of Auschwitz; however, he is also that being who entered those gas chambers upright, with the Lord's Prayer or the Shema Yisrael on his lips." Order it now!

Latticework: The New Investing, Robert G. Hagstrom "In Robert G. Hagstrom's latest book, Latticework: The New Investing, he introduces an eclectic investment methodology. He advocates a broad understanding of how markets and investing work-a liberal arts approach to investing.

"This work was inspired, in part, by Charlie Munger, Vice Chair of Berkshire Hathaway. Mr. Munger believes that extraordinary investing and exceptional insight can only be achieved when people adopt multiple viewpoints that intersect in the form of a latticework. The book draws examples from biology, mathematics, physics, economics, and psychology." Order it now!

Of Permanent Value: The Story of Warren Buffett/Monster Millennium Edition, Andrew Kilpatrick

Of Permanent Value: The Story of Warren Buffett/Monster Millennium Edition is a comprehensive 1,162-page, 300-photo update of this biography of investor Warren Buffett. It looks at Buffett's investment vehicle, Berkshire Hathaway Inc., which is a huge insurance empire and which holds about $35 billion in stocks and $30 billion in bonds. Berkshire also has cash and other positions as well a string of profitable operating companies. Order it now!

VALUE INVESTING: A Balanced Approach, Martin J. Whitman

With clear explanations and straightforward guidelines, Mr. Martin Whitman gives the passive intelligent investor the tools necessary to fully understand and capitalize on the key to successful value investing: accurately valuing a business or valuing the workout potential for credits of troubled companies. Order it now!

The Theory of Investment Value, John Burr Williams

This book was first printed in 1938, having been written as a Ph.D. thesis at Harvard in 1937. Warren Buffett sites it as one of the first books that outlined a practical means for calculating the intrinsic value of a business. Order it now!

101 Reasons To Own Berkshire Hathaway, Robert Miles

An Investment Book focusing on 'why' to Own Berkshire Hathaway. Most professional and private investors have heard of the World's Greatest Investor, Warren Buffett, this book is about his unique investment vehicle. Berkshire Hathaway is a publicly traded company available to all. It ranks as the World's 14th Largest Company, yet few have heard of this incredible enterprise. There are hundreds of reasons to Own Berkshire. Most investors could name just a few reasons why they own the stock(s) they own. Listed here are 101 reasons to Own Berkshire. Order it now!

OF PERMANENT VALUE, Andrew Kilpatrick

Andrew Kilpatrick is a 1965 graduate of Washington and Lee University. He served in the Peace Corps, earned a master's degree in English from the University of Vermont and was a U.S. Navy officer. His 20-year career with newspapers in Birmingham included eight years as a business reporter. He is a stockbroker with Prudential Securities in Birmingham. This is his fourth and most definitive book about Buffett.
Order it now!

WALL STREET ON SALE, Timothy P. Vick

"Wall Street on Sale" began as a primer on the methods of Warren Buffett and Benjamin Graham, whose stock-picking principles have proven superior to all others. But rather than regurgitate the oft-quoted biographical material on Graham and Buffett, I set out to reconstruct—in plain English—all their main tenets and strategies, using numerous case studies of companies and fellow money managers to show you how to pick undervalued stocks. - Timothy P. Vick
Order it now!

THE ESSAYS OF WARREN BUFFETT, Lawrence Cunningham

A thematically organized collection of Warren Buffett's letters to Berkshire Hathaway shareholders, selected, arranged and introduced by Professor Lawrence Cunningham. Perhaps the best compliation of Warren Buffett's writings on the market today.
Order it now!

SECURITY ANALYSIS, Benjamin Graham

Security Analysis is the bible of fundamental analysis. Originally published in 1934, the tome systematically lays bare the science of security analysis. Written with the assistance of cowriter David Dodd, Benjamin Graham's intellectual tour de force has yet to be equaled in the annals of investing. Written only a few years after the devastating stock market crash of 1929, Graham had one objective--to make the investment process as safe as possible using knowledge of key factors about the business. - The Motley Fool, Randy Befumo
Order it now!

THE INTELLIGENT INVESTOR, Benjamin Graham

The Intelligent Investor was Graham's attempt to make his cumbersome joint effort with David Dodd--Security Analysis--comprehensible to the average person. Much like Nietzsche's Beyond Good & Evil was intended to make Thus Spoke Zarathustra transparent, Graham's Intelligent Investor set about educating the average person as to what made an investment, what made a speculation and how this knowledge could be applied to build wealth in the most risk-averse way possible. - The Motley Fool, Randy Befumo
Order it now!

COMMON STOCKS AND UNCOMMON PROFITS, Philip A. Fisher

Fisher is probably the most underrated investment thinker on the planet, bar none. Common Stocks and Uncommon Profits was his late '50s answer to Ben Graham's Security Analysis and The Intelligent Investor combo two decades earlier. Relatively unknown since its heyday in the growth-stock-oriented '60s, the recent Wiley Investment Classics reprinting makes this critical work available to all investors for the first time in more than twenty years. - The Motley Fool, Randy Befumo
Order it now!

ONE UP ON WALL STREET, Peter Lynch

This book is excellent for beginners and often worth another read by many 'professionals'. Mr. Lynch's casual manner translates well to print and his investment concepts have endured for over two decades. If you don't know anything about stocks and need a starting point, this book is for you.
Order it now!

AWAKEN THE GIANT WITHIN, Anthony Robbins

This book is a definate must buy for anybody wishing to develop a successful mindset for stock investing. Along with excellent financial advice, Mr. Robbins teaches us the ability to harness our emotions to inspire and improve our lives.
Order it now!

BEATING THE STREET, Peter Lynch

Having covered the basics in his first book, Mr. Lynch expands on more of the same and introduces slightly more involved techniques on stock picking. If you're interested in learning more about the economics of financial institutions this book is extremely valuable.
Order it now!

THE WARREN BUFFETT WAY, Robert Hagstrom

This is the definitive book on the techniques employed by the greatest stock investor of all-time, Warren Buffett. Buffett's modus operandi is explained by Mr. Hagstrom in a clear and concise manner. An invaluable resource for the seasoned investor, it examines the reasons behind each of Warren Buffett's investments.
Order it now!

BUFFETT: The Making of an American Capitalist, Roger Lowenstein

This is the most comprehensive and detailed biography on Warren Buffett in bookstores today. Although not an investment book per se, it is a must read for anybody who is interested in life and times of the greatest American investor.
Order it now!