<p>I'm looking to get into S&T, but I don't know much about investing/stocks. So, what are some of the recommended readings, starting with theory and then some of the technical stuff? </p>
<p>Also, I would like some recommendations for ibanking as well.</p>
<p>Lastly, I'm also preparing for interviews so any recommendations for prepping for S&T or Ibanking interviews would be great also. Thanks for the help.</p>
<p>get the mckinsey book on valuation</p>
<p>solid read</p>
<p>the intelligent investor, by benjamin graham... it's old but it still applies today</p>
<p>The vault guide to case interviews, plus Peter Lynch's book "One Up on Wall Street".</p>
<p>liar's poker- michael lewis</p>
<ul>
<li>Liar's Poker: Rising Through the Wreckage on Wall Street by Michael Lewis</li>
<li>Barbarians at the Gate: The Fall of RJR Nabisco by Bryan Burrough and John Helyar</li>
<li>When Genius Failed: The Rise and Fall of Long-Term Capital Management by Roger Lowenstein</li>
<li>Monkey Business: Swinging Through the Wall Street Jungle by John Rolfe and Peter Troob</li>
<li>The Intelligent Investor Rev Ed. by Benjamin Graham and Jason Zweig</li>
<li>Fiasco: The Inside Story of a Wall Street Trader by Frank Portnoy</li>
<li>Den of Thieves by James B. Stewart</li>
<li>Wall Street Meat: My Narrow Escape from the Stock Market Grinder by Andy Kessler</li>
</ul>
<p>check this...</p>
<p><a href="http://financesociety.byu.edu/library.php%5B/url%5D">http://financesociety.byu.edu/library.php</a></p>
<p>i liked monkey business.</p>
<p>Thanks to everyone for the suggestions. I just finished Liar's Poker and am starting When Genius Failed, and it's getting me interested in quantitative trading. Are there any technical books about that, emphasizing mathematical and scientific applications to trading?</p>
<p>If you want to do investing/stock, try enrolling in the CFA program. Coming out, you'll know A LOT and if you get the required investment experience, you'll be making some fine moolah.</p>
<p>how much does that cost, and how long does it take?</p>
<p><a href="http://www.cfainstitute.org/%5B/url%5D">http://www.cfainstitute.org/</a></p>
<p>There are 3 tests you need to take and you could only take 1 test every year, and you also need 4 years of work experience where you are incharge of the investment decision-making process.</p>
<p>I'm currently attending Stern and am a Finance and Math double major, and it seems that many of the topics listed in the course outline of the CFA will be covered by my undergraduate curriculum. How in-depth does the CFA program dive into those topics?</p>
<p>Also read:</p>
<p>Michael Lewis - Money Culture
Nicole Ridgeway (i think) - The Running of Bulls (it;s about whartonites)</p>
<p>Now, you should DEFINITELY read this:</p>
<p>Options, Futures and other Derivatives by Hull</p>
<p>This is THE book on trading derivatives, every derivative trader on wall street's got a copy on his/her desk.</p>
<p>Irrational Exhuberance by Robert Shiller (of Yale). He properly predicted the stock market crash of 2000-2001 about a year before it happened. (The book was released in January 2000, but written the previous year--the crash hit in May, 2000 and continued past the 9-11 terrorist attack and ended in November, 2001). </p>
<p>I would have been able to save some major cash (over $150,000) if I had taken this book more seriously at the time it first came out. The Nasdaq dropped about 50% during this 18 month time frame. I had one friend that lost over $16 million (cash money, not unrealized options) during this crash. She was depressed for years, but is okay now.</p>
<p>Speaking of Michael Lewis (see Untiltled's post right above this one and post #6 above)--another good book by him is "The New, New Thing"--that talks about the three separate billion dollar businesses started by Jim Clark.
Michael Lewis also wrote "Moneyball", the book about the Oakland A's baseball success through their great trades.</p>
<p>so which books would you guys recommend for someone who wants to go into management consulting? (any of the above?)</p>
<p>Calcruzer, you have some wealthy friends!</p>
<p>This man was a genius, and Graham sites him in his book as having accurately predicted the stock market and his particular stocks values over ten years out to within 40 cents on average. The official text is "Investment values in a dynamic world: The collected papers of Nicholas Molodovsky: including The stock valuator, by Nicholas Molodovsky and Catherine May (Financial analysis series)" I won't lie, it is a bit of a dry read, but if you want to know stocks then you want to know Molodovsky.</p>
<p>I second UVA FTM's suggestion above. A dry read and hard-to-find set of articles, though--mostly since they are so old (from about the 1930-40s). And you have to understand calculus, since he uses a lot of it in explaining the valuation theories.</p>
<p>I'm surprised anyone on here knows about Molodovsky--about the only people that ever mentioned him were Benjamin Graham and later, Warrren Buffett. And I think Buffett hasn't mentioned him for about 10 years now. Much of Graham and Buffett's value investing methodologies are based upon Molodovsky's work way back when.</p>
<p>Untitled--are you still at UVA?--my son is taking summer courses there--largely because of all the good things you said about the school about a year ago. I hope all is going well for you.</p>
<p>Both of Peter Lynchs' books are well written. Jim Cramer has a couple good ones too, but they are over-hyped.</p>