Winter reading

Are you looking to curl up by the fi re with a good book? Try some of these recommendations:

1. Your Money and Your Brain. Jason Zweig draws on scientifi c research to explain what actually goes on in our brains when we make decisions about money... and how we can improve our fi nancial performance.
2. Winning the Loser’s Game. A classic originally written by Charles Ellis in 1975, this book outlines a sound investment philosophy for institutional and individual investors alike.
3. The Little Book of Common Sense Investing. John Bogle, founder of Vanguard mutual funds, explains the virtues of indexing and his perspective on the stock markets.
4. Wise Investing Made Simple. Another supporter of passive investing, Larry Swedroe uses short tales to make his point.

If you’re looking for a shorter read, Marc Stern who has recently joined PWL Capital, has two excellent new articles on our website www.pwlcapital.com/Broadcast-Centre/Articles:

1. The Washington and Wall Street (Financial) Orgy, explains how the continuing fi nancial debacle evolved from the abuses and confl icts of the past 20 years.
2. The Sur(realistic) World of Credit Default Swaps (CDS), explores the lack of regulation in the CDS world and how this led to the precipitous fall of world stock markets.