Value Investor Blog

Recommended Reading List

Posted in Uncategorized by aaronstackhouse on September 12, 2009

Here is a list of just a few of my favorite books:

On Valuation

Valuation: Measuring and Managing the Value of Companies Koller, Goedhart, and Wessels

Security Analysis Graham & Dodd

Margin of Safety Klarman. (Out of print. I found a copy in the Boston Public Library financial branch – you aren’t allowed to take it out and you have to leave your driver’s license at the front desk to read it!)

Investment Valuation Damodaran

Fooling Some of the People All of the Time Einhorn

Hedge Hunters Burton


Fooled by Randomness Taleb

The Black Swan Taleb

Influence Cialdini


A Different Perspective on Risk – Part 2

Posted in Theory by aaronstackhouse on September 1, 2009

In part 1, I made my case that the price of a stock related to value should be heavily factored into any discussion of risk in holding stocks.  In this part, I am going to present a simple model for thinking about risk which expands on a more traditional view to include price.

**Disclaimer – this is meant to be an article about a conceptual treatment of risk. Don’t be fooled by the graphs, there is nothing precise in my discussion.