π My Investment Reading Notes β
"Successful investing begins by standing on the shoulders of giants."
This is a list of masterpieces that have deeply inspired me since 2021, shaping my investment philosophy and asset allocation strategies.
I have compiled the books I take out to read and use as a compass whenever shaken by market volatility.
How this page is edited
This is not a collection of publisher blurbs. The Personal Note on each card records what the book changed in my own investment rules and, where relevant, what I read with caution or disagreement. The quiz is a simple navigation tool connecting answers to tags; it does not rank books objectively.
Three reading paths by purpose β
- If you are building principles for the first time: read index and allocation, then costs, then behavioral bias.
- If drawdowns are the hardest part: begin with psychology and decision-making before product-focused books.
- If you want cash flow: compare books that discuss taxes, concentration risk, and total returnβnot only the appeal of dividends.
Step 1 of 3
What is your investment experience?
π Explore the Complete Reading List β
Select a category of interest to visually explore the complete list of books.
The Little Book of Common Sense Investing
The bible for Bogleheads. The simple and certain truth to buy and hold the entire market index with low-cost index funds instead of analyzing individual stocks.
Stay the Course
A masterpiece depicting the pioneering process of index funds, Bogle's dedication to investors throughout his life, and the history of innovation in the mutual fund industry.
The Magic of Pension Rolling
A practical guideline that helps investors mechanically practice global asset allocation models within the Korean tax-advantaged account (Pension Savings, IRP) system.
Just Keep Buying
By analyzing the relationship between savings and investment rates with vast data, it proves the power of 'continuing to buy assets regardless of whether the market is falling or rising'.
The Future for Investors
Proves that buying at a fair valuation and continuously reinvesting dividends has historically produced the best results, rather than investing in high-growth sectors.
Fortune's Formula
Sheds light on Edward Thorp, the founder of information theory, and the Kelly Criterion, covering the secret to growing assets through optimal betting size control based on expected value.
Giant's Portfolio
The textbook of Korean quant investing that reinterprets the asset allocation strategies (All-Weather, Momentum, Dual Momentum, etc.) of the world's top quant investors to fit the Korean reality so that anyone can follow them.
Start Stock Investing with ETFs
Presents a practical methodology for avoiding individual stock risks and constructing a diversified portfolio centered on ETFs. It clearly explains the advantages of investing in the entire market through ETFs from the perspective of Korean investors.
Infinite Buying Method for US Stocks
A book that systemizes the 'infinite buying method' of steadily buying every day without fear in a bear market. Introduces a strategy of lowering the average unit price by repeating split purchases without predicting market timing.
Love Money Passionately and Treat It Coldly
A masterpiece by a legendary European investor that philosophically explains the market's herd mentality and the importance of contrarian investing. The 'Kostolany's Egg' theory is famous.
Same as Ever
Sharply describes historical behavioral instincts such as human greed, fear, and the importance of stories that never change even in a rapidly changing world.
The Algebra of Wealth
Beyond simple asset accumulation, it presents a formula for achieving the 'freedom of choice' you want in life by combining focus, consumption control (stoicism), time, and diversification.
Soul in the Game
Fuses the wisdom of Stoic philosophy with value investing and attitudes toward life, leading you to design a meaningful and highly resilient life.
The Attributes of Money
A book that explains the philosophical mindset of making, keeping, and growing money with words derived from life experiences. It pierces the essence that the attitude and mindset towards money determine investment results.
If It's Raining in Brazil, Buy Starbucks
Provides an eye for understanding the flow where macro phenomena such as weather, macroeconomic indicators, and interest rates spread like waves to specific industries and stock prices as a system of cause and effect.
Chip War
Clearly traces the history of the fierce tech geopolitical war between the US and China to dominate the semiconductor supply chain, which is the core resource of modern times, and the future tech hegemony structure.
The Technological Republic
Defines AI and advanced technologies as core assets for defending democracy and national security, and philosophically argues that Silicon Valley must move away from pursuing private interests and contribute to national responsibilities.
Moon Hong-chul's Investment Detox
Purifies (detoxifies) the stereotypes and misinformation about bonds, interest rates, and exchange rates spread among the general public and investors with clear facts.
The Great Shift in Exchange Rates
Reads the massive flow of the global macro economy centered on exchange rates and interest rates. It provides macro insights to flexibly allocate assets amidst uncertainty through the movement of the dollar and various macro scenarios.
The Future of the Economic War Over the Next 3 Years
Easily explains the triangular relationship of the dollar, interest rates, and liquidity, and the ripple effects of the Fed's policies on global asset markets. A must-read for investors to read the macro.
I Buy Dollars Instead of Stocks
Presents the logic and practice of the strategy of steadily accumulating dollar assets instead of highly volatile stocks. Contains a unique investment perspective utilizing the power of exchange rates and reserve currencies.
I Buy Starbucks with Dividend Investing...
Provides a practical roadmap for creating a warm stream of dollar cash flow like a monthly paycheck without working, by long-term investing in US blue-chip dividend growth stocks.
Income Revolution
Beyond simple hourly labor income, it presents the core blueprint for a 'Passive Income' pipeline that makes your assets work for you on their own.
The Bible of Bond Investing for Wealth and Tax Saving
Passes on detailed secrets to maximizing actual after-tax returns through understanding bond mechanisms that retail investors find difficult, interest rate risk management, and tax savings.
US Dividend Stock Investing to Earn a Salary While Sleeping
Kindly guides even beginners to follow how to create a system that receives dollar dividends while sleeping by steadily investing in US blue-chip dividend stocks.
Probably the Easiest Manual for Dividend Investing
The standard introductory book for domestic dividend investing that explains complex theories from the principles of dividend investing to stock selection criteria and portfolio construction as easily and practically as possible.
Stock Rich Project
The author, a former real estate analyst, presents a wealth design strategy encompassing stocks and real estate. It contains a long-term asset accumulation roadmap that balances the triad of income, assets, and cash flow.
Zero to One
Covers the startup insight of creating a great business by creating complete monopolistic originality (0 to 1) that does not exist in the world, beyond imitation (1 to N).
The Equation of Money
Morgan Housel's insight penetrating the essence of wealth. He emphasizes that the mindset of remaining rich is more important than the skill of getting rich, and that the simple equation of 'controlling consumption, high savings rate, and multiplying by time' is the best financial formula.
First Study on Value Investing
Explains the core concepts of value investing, from basic financial indicators like PER, PBR, and ROE to corporate value analysis and discovering undervalued stocks, step-by-step so that even first-time learners can understand.