The Key to Successful Investing | 10-Book Challenge
The Key to Successful Investing | 10-Book Challenge
Are You In?
We've just launched an X account to bring you even more content! If you haven’t already, give us a follow by clicking the button below!
We are taking a break from our usual Reflections Wednesday publication to focus on a different topic—reading.
If you read The Schwar Report on Monday, you should have seen this quote:
"I don't think you can get to be a really good investor over a broad range without doing a massive amount of reading. I don't think any one book will do it for you." — Charlie Munger
With that in mind, we’re setting a community reading challenge: in the remaining 76 days of the year, we want you to read 10 books. That’s over a week to finish each one! Below are the 10 books we’ve chosen to finish before the end of the year:
1. The Black Swan
by Nassim Nicholas Taleb
Explores the impact of rare and unpredictable events on our world and how to deal with them.
2. Alchemy
by Rory Sutherland
A fresh perspective on the power of irrationality in decision-making and problem-solving.
3. Creativity, Inc.
by Ed Catmull
The co-founder of Pixar shares insights on how to nurture creativity and lead a successful creative organization.
4. Liar's Poker
by Michael Lewis
A semi-autobiographical account of Wall Street in the 1980s, providing a look into the excess and greed of the era.
5. The Winner Effect
by Ian Robertson
Investigates the psychology of winning and losing, and how it changes the brain’s chemistry.
6. Skin in the Game
by Nassim Nicholas Taleb
Taleb discusses the importance of risk-taking and accountability in decision-making.
7. The Alchemy of Finance
by George Soros
A deep dive into Soros' financial strategies, focusing on his theory of reflexivity in markets.
8. Endurance
by Alfred Lansing
The true story of Sir Ernest Shackleton’s harrowing Antarctic expedition and survival.
9. Finite and Infinite Games
by James P. Carse
Explores life as a series of games, with the mindset of playing either to win or to keep playing.
10. The Caesars Palace Coup
by Sujeet Indap and Max Frumes
The inside story of one of the largest bankruptcies in U.S. history, detailing a battle for control of Caesars Entertainment.
So, these are the 10 books we plan to finish by year’s end. Think you can complete the challenge too? Let us know the 10 books you’re going to read in the comments!
ICYMI
Our top posts:
Our investing philosophy:
![Our Investing Philosophy [Free Checklist]](https://substackcdn.com/image/fetch/w_140,h_140,c_fill,f_webp,q_auto:good,fl_progressive:steep,g_auto/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F43eb5ad6-6a32-45eb-989a-5f929c2b740d_1080x1080.png)
If you like our work and you’re interested in the types of companies we invest in, check out or most recent portfolio update here:
We hope you enjoyed this post. If you found it valuable, please re-stack it to Notes by clicking the RE-STACK button. This will help other people to see it.
Have a good rest of your week,
The S.C. Team
Disclaimer: The content provided in this newsletter is for informational purposes only and does not constitute financial, investment, or other professional advice. The opinions expressed here are those of the author and do not necessarily reflect the views of Schwar Capital. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. The author may or may not hold positions in the stocks or other financial instruments mentioned. Always do your own research or consult with a qualified financial advisor before making any investment decisions.
Challenge accepted!