Welcome to Wheelie's Bookshop

Hope you love my freshly opened Bookshop - ok, needs painting and a bit more shelving and stuff and there isn't a huge selection of books. But what you will find here is Quality. I will only stocks books in my Shop that I truly believe are Top Notch and valuable to Share Investors - the majority of which I have read myself. However, having said all that, if I see a Book that I have not read but looks interesting then I might shove it in the Shop.

I have signed up with Amazon as an 'Associate' which basically means that if you click the pictures then you are directed through to Amazon and they take care of ringing you through the till and wrapping your lovely book and stuff - and if you are really excited, I am sure they can deliver it extra fast for you if you pay them a little more. If you spend over £20 you should qualify for 'Supersaver Delivery' - which I think means Free Delivery within 3 to 5 days.

I will receive a small amount of money for any books that are purchased in this way. Please appreciate that WheelieDealer is a 'Free to Air' website and I want it to always be that way - but any pennies you help me get will mean I can eat in those Nasty Grizzly Bear Markets. So please buy stuff from my Bookshop with Gay Abandon. 

Many thanks, wd
***NEWS FLASH - I HAVE ADDED LINKS TO KINDLE VERSIONS WHERE AVAILABLE - USUALLY THESE ARE THE CHEAPER ONES - PLEASE MAKE SURE YOU HAVE THE VERSION YOU WANT***

Latest Books just in...................

Excellent Investing by Mark Simpson - I am currently in the process of reading this book and I am about a third of the way through and so far I am very impressed. I met up with Mark recently and he explained to me that his book is intended to be the book he would have wanted to read once he had 2 or 3 years under his belt and had got a handle on the basics but wanted to take things up to a higher level. From what I have read so far I think it fulfils that brief although there are bits where it is perhaps more suited to people with even more experience although of course that will depend from person to person and I would suggest that highly experienced Investors (and Traders note) would find it a useful read. For example, there is a lot on psychology and Mark has deliberately tried to make the content 'real' and practical and in the main it achieves that. One bit I particularly like is about the concept of 'grit' which is about personal resilience and perseverance and the ability to keep pushing through despite constant hurdles that are thrown in our way. I totally buy in to this idea but had not seen it mentioned specifically in any other books - and the really good news is that if it is not in you personality already, then to an extent you can 'learn' it. I will be producing a thorough review of this book and it will probably be published within the next 3 weeks or so - but if you can't wait, then I am sure if you invest some cash in this book you will not be disappointed. You can find Mark on Twitter as @DangerCapital and if you have any questions I am sure he will be happy to respond.

This time the Kindle version is the cheaper one below.
​Cheers, WD
@vilage_idoit Book References - My friend Michael produced 3 excellent Guest Blogs in August 2018 about Short Term Trading and he referenced many Books, some of which were already in the Bookshop. The Books immediately below complete the set and the ones nearer the bottom are Kindle Versions - please be careful to make sure you have the one you want. The Mark Minervini one is only available on Kindle. You can read the Blogs here:

http://wheeliedealer.weebly.com/blog/guest-blog-on-short-term-trading-by-michael-vilage_idoit-part-3-of-3
@vilage_idoit Recommended Reads - In his excellent Guest Blogs on Short Term Trading (you can find a Link just above), Michael suggests some Books. They can all be found somewhere in Wheelie's Bookshop and a selection of them can be found just below. The final row has the Kindle Versions for those that are available in that format.
The Education of a Trader by T. Livingston - this was recommended to me by my mate Phil (@fouracreman on Twitter) and seems to only be available as a Kindle Book but at the time of typing this it is a mere 99p. Phil's words to me about it were as follows: "...it's a short novel and I finished it in one sitting. It's the story of a chap in the U.S. who goes 'on a journey' to find a successful method to trade the markets. What makes this interesting is the various stages and strategies he uses in reaching his goal. It's a journey many of us will have made and many of your followers will still be on. Whilst on one level it can be regarded as 'hockum' I think there are some serious lessons to be learnt. I'm sure every reader will recognise themselves at least in part in the errors he makes before reaching sanity. An enjoyable read which I felt was well worth the 99p". I haven't read it myself but from what Phil has said and from reading the 'blurb' on Amazon, it does look worth a read.
Trade like a Stock Market Wizard: How to achieve Super Performance in Stocks in any Market by Mark Minervini - I am losing the plot because I thought this book was already in the Bookshop but on properly checking I realised it wasn't. Anyhow, this is a one I have not yet read myself but it is almost constantly recommended to me by several of the very best Investors/Traders I know on Twitter and having read several posts on Mark Minervini's website he clearly knows his stuff. Your choice on this is a Hardback or Kindle with the latter being the slightly cheaper one. You can read his Blog here:

http://www.minervini.com/blog/
Harriman's Stock Market Almanac 2018: A Handbook of Seasonality Analysis and Studies of Market Anomalies to Give Investors an Edge Throughout the Year by Stephen Eckett - I have the 2015 and 2016 Editions of this book and it is really good. It is laid out like a sort of Desk Diary on the Right Hand page so you can make notes and on the Left Hand page you get Information about various Strategies and Market quirks that are worth knowing or in many case just a great read. There are loads of Stats and stuff about things like Average Monthly Performance and includes some Company Announcement Dates etc. The back of the book looks at various Strategies like 'Sell in May' and 'The Tuesday reverses Monday effect' and uses Historical Stats to investigate their worth. Makes an obvious Xmas present and I find that much of the information is useful even when your copy is a bit Out of Date.

A Kindle version is not available at the moment but a Hardback copy is much easier to write in with a biro anyway and means you don't have to clean your screen !!
The Brain - The Story of You by David Eagleman - I recently finished reading this one and cannot praise it enough. I have written a Blog Series based around a TV Series by the same name and this book is the companion to the TV programmes. It is essentially a psychology book but it is unusual in that it is a very easy read and Eagleman uses many examples which clearly help with the concepts. In addition, on top of the psychology side there is a fair bit on the physical structure of the Brain and I found the bits about how our Brains develop over time and how it links to our sensory elements like eyes, ears, nose, touch etc. particularly intriguing and often downright bizarre. You can read the Blog Series from the link below and this will give you a good view of what is in the book. There is also a link to the TV Series on YouTube at the end of this Blog:

http://wheeliedealer.weebly.com/blog/maybe-were-not-in-control-after-all-part-3-of-3
The 17.6 Year Stock Market Cycle - Connecting the Panics of 1929, 1987, 2000 and 2007 by Kerry Balenthiran - Fairly recently I bumped into Kerry on Twitter and straightaway I had an inkling I had seen his name before but couldn't immediately place it. Anyway, shortly afterwards we got chatting and by sheer coincidence it turns out his Office is in Windsor so needless to say we had to meet up in the PUB for a Pint. Pretty soon I realised that I recognised his name because he had a Main Story in Investors Chronicle a while back and it all started to fall into place. Anyway, Kerry is a top chap and we had a really interesting chat about stuff. Turns out he used to be more of an Investor but has morphed more into a Shorter Term Trader these days but I found our discussion about his 17.6 year Stockmarket Cycle quite intriguing - especially because his current view is that we are on the cusp of a huge Bull Market in Stocks and although there is no doubt a steaming pile of Confirmation Bias here, it certainly chimes with my thinking that The Orange One's policies in the US could spark a massive Global Growth Boom. I have a copy of Kerry's book but I have not got round to reading it yet (Buzz Aldrin is soaking up the limited Book reading time I have these days) but once I have read it I will do a proper Review here. It is quite a slim book with plenty of pictures (sorry, it's charts and stuff not Glamour Models of whichever Gender you fancy) so once I get my act together I should get it done quick promptly. Anyway, prior to that, I will dangle the carrot that I am expecting to put a bit more Information about Kerry's thinking up on the Website soon - the text below is the blurb from the back page:

"How do we know where we are in the current stock market cycle? Are we in the midst of a new long term bull market or a market rally within an ongoing bear market? The answers to the above questions are critical to forming an appropriate investment strategy to plan for the future. The difference between anticipating the end of a secular (or cyclical) bull market and reacting to the significant crash that follows will have a big impact on anyone's investment returns and retirement plans.

This book is concerned with cycles. A cycle is a sequence of events that repeat over time. The outcome won't necessarily be the same each time, but the underlying characteristics are the same. A good example is the seasonal cycle. Each year we have spring, summer, autumn and winter, and after winter we have spring again. But the weather can, and does, vary a great deal from one year to another. And so it is with the stock market.

Kerry Balenthiran has studied stock market data going back 100 years and discovered a regular 17.6 year stock market cycle consisting of increments of 2.2 years. He has also extrapolated the cycle forwards to provide investors with a market roadmap stretching out to 2053. He describes this in detail and outlines the changing character of the stock market through the different phases of the 17.6 year stock market cycle.

​Whether you are an investment professional or private investor, this book provides a fascinating insight into the cyclical nature of the stock market and enables you to ensure that you have the right strategy for the prevailing stock market conditions."

I have finally got around to reading this Book and I have written a Review in WheelieBlog form here:

http://wheeliedealer.weebly.com/blog/review-of-the-176-year-stock-market-cycle-by-kerry-balenthiran

Note: In this particular instance, the Kindle Version is the slightly cheaper one.
Trade Like a Shark:The Naked Trader on how to eat and not get eaten in the stock market by Robbie Burns - regular readers will know I am a huge fan of Robbie Burns and in my view he is by far the most consistent and successful Trader / Investor (he seems to do a mix of both disciplines) I have experienced. I have read all of his other books but I have not got round to this one yet - it is on my list of Books to read but it's a long list and I seem to spend more time writing than reading these days (I wonder why that is?). From what I understand this is very much about the psychological aspects of taking on the markets and I know this is something Robbie is very big on and such basic approaches as 'cutting out noise' and 'keeping things simple' are clearly part of his success. Several of my friends have read this and the feedback has been positive. In this case the Kindle version is the cheaper one.

STOP PRESS - since scribbling the text above I have read 'Trade like a Shark' myself and really loved it. I did a very detailed 'Review' type Blog which you can read here:

http://wheeliedealer.weebly.com/blog/invest-like-a-shark-part-3-of-3

Something I just finished Reading........

Cityboy: Beer and Loathing in the Square Mile by Geraint Anderson - I have just finished reading this book and I totally loved it. I have had it in the ‘Non-Finance Books’ bit of Wheelie’s Bookshop for years because I sort of had it classified as Fiction but having now read it (by amazing luck I managed to buy a copy for a quid in the Charity Shop just around the corner) I realise it actually deserves its place in the Financial books and is a superb complement to the equally insightful ‘Liar’s Poker’ by Michael Lewis.

However, before I go much further I must put in a word or two of warning - this book is certainly not for the faint-hearted - if you are of a nervous disposition, under 18 (maybe that should be under 35 !!) and/or live in a Nunnery, then this is probably not the read for you. To be honest I would struggle to think of a book I have read that is more crude, rude, sexist, profane etc. etc. It is full of swearing, debauchery, drug taking, vice of all descriptions, corruption, greed etc. etc. And to be clear the Language used in the book is actually shocking - and I swear all the time !!

I can guarantee that last paragraph will ensure copies of the book fly out of the Bookshop !!

As I mentioned earlier I had this book down as a Fictional story but now I realise that it is in reality highly factual and it is not only a truly entertaining and funny read, it is also very instructive about how the City really works. There is no doubt it builds on the work of Michael Lewis in Liar’s Poker and it brings it more up to date. If I recall correctly the main character in Liar’s Poker was a trainee Stockbroker for an Investment Bank but was on the Trading or Buying/Selling side of things - in Cityboy the main character is a Stockbroker for a major Investment Bank also but is in the role of an Analyst. The beauty of this for a Reader such as myself is that it gives a really clear insight into how Analysts really work - although to be fair Geraint does point out at the end of the book that the ‘profession’ is changing and the awful behaviour shown in the book is hopefully on the way out - but I suspect as long as Human Beings are involved there will still be lots of naughtiness going around.

I have often commented in Blogs or on Tweets etc. that I find little value in Analyst Reports etc. and that I only find the Consensus Forecasts of use really - having read this book my view around this has been strengthened. I remember when I was at University that a couple of people on my course (who both got worse Degrees than me and had never really worked in business or industry at all) got jobs in the City as ‘Analysts’ - it was ridiculous to my mind because these people just lacked any experience and having read Cityboy my view on this has been reinforced.

In the book, the main character, Steve, joins an Analyst Team and within a few months is writing Research Reports, giving Recommendations and doing Presentations - in fact, more shockingly, the Financial Services Authority rules at the time pretty much meant you could complete a pee-easy Multiple Choice Exam and you were then ‘qualified’ to give Analyst Advice !!! The book is set in the years from sort of the Dotcom Days in 2000 ish up to the Credit Crunch in 2007/8 - but I doubt much has changed really. There is a clear undercurrent that even with all the new Rules that are brought in, the focus by so many people in the City is to flout the Rules and to do everything they can to get round Compliance and just make sure nothing is written down etc.

The other completely shocking thing to me was how these ‘green behind the ears’ Analysts were able to basically Bullsh*t (sorry for that, but if you can’t read a small bit of profane in my Review then you are definitely not the right sort of Reader for this book !!) Fund Managers in presentations and over the phone with utterly made up nonsense and these useless Fund Managers would buy mountains of the Stock from the Investment Bank’s Sell-side Traders - earning the Bank piles of commission. I was really stunned by this - no wonder Fund Managers so often underperform - they really come across as completely lazy idiots in this book. To embellish on this - there are several bits in the book where Steve and his Manager etc. make up a narrative for the Sector he covers (Water Utilities mainly) and then write Analyst Reports and Buy, Sell, Hold recommendations to line up with this view - the main aim being to get more Commission for the Bank’s Traders. They actually come out with something entirely contradictory (contrarian?) to other Analyst teams at other Banks just so they have an ‘angle’ to sell to Customers - it is clear that the author has a strong belief in the unpredictability of Markets.

The Money these guys were being paid is beyond belief - I think there is a bit where Steve moves to another Investment Bank and manages to secure a guaranteed Bonus of £600k or something on top of his already generous £100k+ basic package - and wait until you read about what the Hedge Fund Manager was raking off !!

Like with Liar’s Poker, it is very clear that the ‘Customers’ were treated like dirt and very sneakily abused and milked. The essence of Steve’s approach is to use a sidekick who is in fact really talented to produce believable and detailed Reports and Presentations and then Steve would basically wine and dine (for this read take to major Sporting Events and Stripclubs) his Customers to get them to trade with the Bank and/or to give Steve and his team a higher ranking in the Extel Analyst Ratings which are produced every year - this is in fact a key part of the story but I won’t give that away.

There is some very philosophical stuff at the end of the book about how we treat our fellow Human Beings and how life is precious and so many people p*ss it away and waste the valuable young years of their lives. There is a brilliant section called ‘The 7 habits of highly dysfunctional people’ which really made me laugh - in essence it pokes fun at people (nearly always men) who work far too many hours in an utterly tedious job and earn loads of money while their ungrateful and miserable Wives (or Husbands) spend all that and more.

Anyway, that should give you a good insight to what I think is a top book - well worth reading and it’s quite nice because I was able to pretend I was learning something valuable for my Investing but at the same time it was a light and easy and fun read !!

Ok, you can take the Nun’s habit off now……

Cheers, WD.

Note - this time the Kindle Version is the really cheap one.
A Beginner's Guide to Short Term Trading by Toni Turner - I think this is the 2nd Edition of this book and I read the first one several years ago. I actually thought this book was already in the Bookshop but when I recommended it to someone the other day I realised it was not on the shelves. In many ways this is a successor read to 'Candlesticks for Dummies' - it is very much about how to use Candles and other simple Indicators like RSI, MAs, MACD etc. for what I would call 'Position Trading' - in other words it is about taking Positions and letting them run for maybe a few days to a few weeks (and not 'Day Trading'). It is quite a complicated book and you really need to focus - I would not recommend this except for people who have already sampled Technical Stuff before. If you think Short Term Trading could be for you, then this is a great book to give you some insights into what is involved.
Anatomy of the Bear: Lessons from Wall Street's four great bottoms by Russell Napier - This book is the latest version and looks at 4 Major Bear Markets from 1921, 1932, 1949, 1982 and investigates the historical evidence in 70,000 Wall Street Journal articles to understand what makes Markets bottom out and when they are likely to start rising again. I have not read this myself, but with the current Market turmoil this might make an interesting read.
The Art of Execution: How the world's best investors get it wrong and still make millions in the markets by Lee Freeman-Shor - this book was recommended to me by Aston Girl (@Reb40 on Twitter) and I know several other Twitter Mates have read it. This was recently covered on a Sharepickers Podcast and sounds a very useful book and it has actually helped me clarify some thoughts I was having around how the way we trade can have more impact on our overall Yearly Returns than the actual Stocks we choose to buy - and I am working on a Blog related to this subject. I have not read this yet, I barely seem to have time to do much these days, but that is how it goes. The essence of the Book is that the Author looks at 45 top Fund Managers and found that their Stock Picks were on the whole pretty poor - however, even with over 50% failures they still made very good Returns - the key is in how they execute - things like Averaging Down, Cutting Losers, Adding to Winners etc. 

Something I Read Recently..........

Thinking, Fast and Slow by Daniel Kahneman - at the time of writing this I am about half way through the book and it has been a complete revelation that has really got me thinking about just how much my primitive Caveman Brain deceives me all the time. The essence of the book is that we in effect have 2 parts to our Brains - a Fast Brain and a Slow Brain. The Fast bit is sort of 'always on' and automatically does stuff like monitoring for dangers, picking our nose, smelling what's around, focusing our eyes on certain things, etc. but more importantly for the book, it makes extremely fast decisions with the drawback that it makes quick assumptions, stereotypes, creates associations from our memory banks, draws fast conclusions on limited information etc. etc. Our Slow Brain is the 'voice in our heads' and is the part of the Brain we use to concentrate and think about things in depth - but we can only do this for short periods of time. A key function of our Slow Brain is to regulate our Fast Brains and over-ride thinking errors - but it is poor at doing this and our Slow Brains are in essence very lazy and happy to let our Fast Brains feed them with duff information.

To demonstrate this clearer, what is 3 + 2? You answer this very quickly and you just sort of 'know'. This uses your Fast Brain.

What is 268 x 46? I bet you are a lot slower on this one and you need to concentrate - you are using your Slow Brains - and it hurts doesn't it !! This is another feature - you can only concentrate for very short periods of time and while you are doing this, your Slow Brain diminishes in its ability to regulate your Fast Brain.

This book has really stunned me as you may have sensed from reading my Blogs and seeing some comments on Twitter - it has brought it home to me very hard how much my Brain is fooling me and leading me to poor decisions. It seems like every Chapter throws up new ways in which my Decision making is flawed with relevance to my Investing Tasks - such things as misunderstanding Regression to the Mean; accepting information on the basis of 'What you see is all there is'; the Halo Effect where positive impressions of a Business are then distorting my judgement; Outcome and Hindsight Bias etc.

This is not an easy book to read and you really need to fully engage your Slow Brain - but I strongly recommend it.

Another Recent Read...................

Flash Boys by Michael Lewis - This is in essence about HFT (High Frequency Trading) and written extremely well as per Lewis's normal style (there are a couple of other great books by him below). I found it fascinating - at the start he covers the laying of an Optical Fibre line on a direct route between 2 Stock Exchanges so that HFT traders can send a Buy or Sell order in 15 milliseconds rather than by using normal Telecoms Company lines which may take 24 or so milliseconds. At a stroke, HFT Trading Houses on the usual lines were unable to compete with the Houses that paid $millions to be on the Direct Cable. 

​It then goes on to talk about a very successful Trader who suddenly found that he was unable to Trade because when he tried to place a Buy or Sell order, the Order Book that he thought represented the real Market instantly moved against him as all the HFT traders front-ran his Trades. It covers stuff like 'Dark Pools' and it is pretty obvious that the 'Flash Crash' had something to do with this new Market structure and invisibility of HFT - the upshot of the Tech changes to enable HFT is massively increased Complexity and instability of Stock Exchange Systems.

The Book covers the background and launch of the IEX Stock Exchange which was setup to get around the HFT Traders and to enable Investors to Buy and Sell without a 'tax' of HFT front running them. It appears to have been a success but this book gives deep insights into the lengths that Traders will go to in order to gain an edge over the rest of us - and how the whole Regulatory Framework has enabled such behaviour which is to the detriment of Investors. If you have been curious about what on earth all this HFT stuff is then this should clear it up for you. 

There is also a really eye opening bit about the experiences of some people who were caught up near the World Trade centre on 9/11 - lots of details that I have not really seen before. Great book, like anything by Michael Lewis.
The Naked Trader by Robbie Burns - this is the BEST BOOK ever written on Share Investing. The first step any Beginner must make is to buy this book - it is also invaluable for Experienced Share dabblers.
Candlestick Charting for Dummies by Russell Rhoads - if you have been inspired by all my spiel on Candlesticks - then this is the ONLY book to buy. Truly brilliant. Has diagrams for pretty much every Candle you can imagine and there is a great bit at the end about using Candles with other Technical Analysis techniques.
Your Money and Your Brain by Jason Zweig - I am a huge fan of the whole 'Behavioural Finance' thing and I wanted to have a decent Psychology option in my Bookshop. The problem is that I have learnt most of my stuff in this field over many years of reading Chris Dillow in Investor's Chronicle. Anyway, I read today in Naked Trader 4 (page 88) that Robbie Burns recommends this book. I cannot find a Kindle Version of this book.
Liars Poker by Michael Lewis - I chatted with someone on Twitter about this book tonight and it reminded me how good it is. Not stock-specific but gives great insight into how the City really works - lots of underhand dealing that is worth understanding. Eye opening.
The Big Short by Michael Lewis - This is the story of how some very clever (and brave!!) Hedge Funds figured out ways of Shorting the US Subprime Mortgage market - very complicated and I recommend to experienced Market Peeps and maybe Newer Investors trying to get understanding of complex matters. It is a complicated read though - be warned. Gives detail on how Credit Crunch was really triggered. Fascinating.
One Up on Wall Street by Peter Lynch - This is an Investing Classic and I found it one of the easier ones to read. Very down to earth and understandable - lots of good useful advice. I suggest you read this before the 'heavier' classics like The Intelligent Investor (The Unintelligible Investor !!).
Free Capital by Guy Thomas - This is the book for anyone with serious thoughts (or with a fleeting dream) about giving up the Rat-Race or taking Early Retirement. Shows how 12 Very good Investors and Traders made the leap to Full Time stockmarket trading. Truly inspirational and the thing that hit me was that so many of the Investors had very different approaches - more than one way to skin a cat. Click here to see what happened to the investors next.
Technical Analysis for Dummies by Barbara Rockefeller - this is a great companion to Candlestick Charting for Dummies - I think you could read either one first. This one is more general on TA concepts and arguably a better starting point. This is the Latest Version - I read the earlier one and it was very good.
Way of the Turtle by Curtis Faith - this is about the 'Legendary' Turtle Traders from the most successful one of the group - it explains what made him different to the others (robotic and disciplined) and although a Short Term Trading book it has many concepts we can apply to our own Investment Techniques - very thought provoking I found. Something I really use myself is the concept of Position Sizing to Volatility (in the book they use Average True Range ATR).
The Intelligent Investor by Benjamin Graham - probably the pinnacle of all Investment 'Classics' - it is one of those books you probably must read but, be warned, it is quite heavy going in parts. Maybe best to read Peter Lynch 'One Up on Wall Street' first.
Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay - this is another Investing Classic and helps you understand how Bubbles form and what to look out for. Very entertaining (especially bit where bloke ate Priceless Tulip Bulb thinking it was an Onion during Tulipmania - I am sure this incident was recaptured in an episode of Blackadder). This short book is silly cheap and well worth reading.
When Money Dies by Adam Fergusson - this is about German Hyperinflation between the World Wars - part History Book, part Economics Book - we have all heard about it but this gives the detail about what really happened and how it started and how it was resolved.
Too Big to Fail by Andrew Ross Sorkin - this is the definitive story of the pinnacle of the Credit Crunch Crisis with the inside story of how the Major US and European Investment Banks scrabbled to survive with Governments in sheer Panic. The author is a presenter on CNBC Squawk Box. Very instructive of how close to the abyss the Global Economy came.
The Midas Touch by John Train - I knew the Shop was lacking something, yep, a Warren Buffett book. I read this one a few years ago and loved it - particularly the rather strange anecdotes about eating Steak and Peas in the same Restaurant a lot and sloshing it all down with Coke. As much as we all want to emulate the Great Man - I am not drinking that 'Full Fat' stuff.....
The Naked Trader's Guide to Spreadbetting by Robbie Burns - I have been deliberately avoiding Spreadbetting on my website as a subject, because I see it as extremely risky and potentially dangerous. So I wasn't going to put this book in but I have been getting a lot of enquiries about Spreadbetting and it is certainly best if you read this book first because the risks might be reduced a bit if you actually understand a bit of how it works. Spreadbetting is for experienced Share Dabblers only.
FT Guide to Investment Trusts by John Baron - I have not read this book but had a good flick through because I bought it for a friend as a present about a year ago. Looked very good for Funds and John Baron writes a column in Investors Chronicle that is very good.
FT Guide to ETFs and Index Trackers by David Stevenson - I have not read this myself and know nothing about it so you will need to review carefully to decide if it is what you want to buy. If you want Passive Funds for all or part of your Portfolio then this might be a good choice. David writes in Investors Chronicle about his SIPP and seems very knowledgeable.
Thinking, Fast and Slow by Daniel Kahneman - I have not read this book but it is creating a bit of a sensation. I watched a BBC Horizon programme about Kahneman and his theory and it was fascinating. Superb concept to boost your understanding of Behavioural Psychology.
The Education of a Value Investor by Guy Spier - This is a Reader's Recommendation that was kindly provided by Simon (@el_moncho on Twitter) - I have not read it myself - but from a good look through the description etc. on Amazon it looks like it could be worthwhile. Covers a Hedge Fund Manager who met Warren Buffett and was inspired to follow his methods.
Excess Returns: A comparative study of the methods of the World's Greatest Investors by Frederik Vanhaverbeke - I have not read this book, but it was covered in an Article in Investors Chronicle in Jan 2015 (see my short Blog 'Psychology Square'). Appears to be an in depth examination of why the usual Investment Legends have managed to achieve their success.
Investor's Guide to Charting by Alistair Blair - this is the Charting, Technical Analysis, book recommended by Robbie Burns in his book 'Naked Trader 4'. I have not read this book but clearly Robbie has !! There does not appear to be a Kindle version of this - I guess too many charts that would be difficult to show.
Damn Right ! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger by Janet Lowe - I was recommended 'Poor Charlie's Almanac' by an Experienced Investor but it is clearly not in print anymore and very expensive. Anyway, it seems the Bookshop was lacking a Charlie Munger book so this seems worth a look. I have not read it so you will need to look at the Reviews and stuff.
Rich Dad Poor Dad by Robert T Kiyosaki - I have not read this book but it is something I have been aware of for many years - a bit of an Investment Classic but I think it is more about the Philosophy of how to grow your Wealth than specific advice on Investments. This explanatory Link was sent to me by Jake Cantrell at www.wallstreetoasis.com and gives a great overview http://www.wallstreetoasis.com/blog/rich-dad-poor-dad-what-the-rich-teach-their-kids-about-money-that-the-poor-and-middle-class-do 
The Idle Investor by Edmund Shing - I speak with Edmund a lot on Twitter and he is very much on my wavelength and knows his stuff - follow him at @TheIdleInvestor. I have not read his book - it is only just out - but I know it will be worth reading. If unsure, I expect Edmund would be happy to respond to quick queries. You may even have seen him on TV cos he regularly appears on Bloomberg and CNBC.
How to Make Money in Stocks by William J O'Neil - I was chatting with @conkers3 on Twitter (I am sure you follow him) and we were discussing who our 'Gurus' were - I said Robbie obviously and Conkers threw out William J O'Neil who I have heard of but don't really know much about. Anyway, the book is here and I am sure Conkers would be happy to give any clarification if needed.
The Little Book of Behavioural Investing: How not to be your own Worst Enemy by James Montier - this was another recommendation from someone on Twitter (sorry, I can't remember who it was - but if you fire out a question I am sure we can get an answer). I have not read this but I know it is seen as very much a Classic with regard to the Psychology of Investing.
Value Investing: Tools and Techniques for Intelligent Investment by James Montier - another Twitter recommendation from unknown source (sorry !!). I have not read this book but it looks like covering how to control Psychological Influences when taking a Value Investing approach. As ever, fire out a query if you want more detail.
Abundance: The Future is Better than you think by Peter H Diamandis & Steven Kotler - this is another recommendation from @conkers3 that I have not read myself. The dustcover suggests it is very much an optimistic look at how the World is likely to change in the near future with a clear impact from Technology. As usual, shout if you want more information on it.
Bold: How to Go Big, Create Wealth and Impact the World by Peter H Diamandis & Steven Kotler - this is the follow-up to 'Abundance' and is broken into 3 Parts - the Hot Tech like 3D Printing, Robotics, Artificial Intelligence; the Billionaire Entrepreneurs like Elon Musk; and how you can use new Social Media etc. for your benefit. Again this was recommended by @conkers3 and I have not had the joy of reading it - looks good though, especially Part 1 on the Tech.
Economics for Dummies by Peter Antonioni & Sean Masaki Flynn - I feel that a basic understanding of Economics is very helpful with my Investing Activities. Luckily for me I studied the subject at both College and University, but if you wish to improve your knowledge then this could be useful. I have not read it, but the 'For Dummies' books are always good. Maybe all Voters should be forced to read this before placing their 'X' !!
Accounting for Dummies by John A. Tracy - as with the Economics book, a basic understanding of Accounting is very useful for Investing - this could be an ideal way to get a feel for it. I have not read it, but the 'For Dummies' books are always good. Again, I was fortunate to have studied the subject at University as part of my Business Studies Degree - but I don't think an in-depth understanding is really needed.
Trade your way to Financial Freedom by Van K. Tharp - this book has been recommended by @YaiLondon and @stealthsurf on Twitter, who I talk with a lot about Trading Techniques and how to maximise Profits. I expect most Investors start of with a sort of Value Investing kind of style and then over time move towards incorporating more Charting Stuff and borrowing Tricks from Short Term Traders - it really can make a difference to Risk and Reward. I am very keen to read this book and despite time being tight I want to prioritise reading it. I am sure @YaiLondon and @stealthsurf would be happy to take any questions about the book (thanks guys !!) and they are both worth following on the Tweets.
Beyond the Zulu Principle: Making Extraordinary Profits from Ordinary Shares by Jim Slater - I can't believe I didn't have this in the bookshop already as it is an Investing Classic that is excellent for Beginners to read, probably after Naked Trader and Peter Lynch's 'One up on Wall Street'. Sadly, Jim Slater died recently but his son, Mark, is also a Stockmarket Legend and runs the Slater Growth Fund. This is an updated version of the original book and it really focuses on Growth Companies and introduces the PEG ratio which you may have seen me use quite often to value Stocks in my Blogs etc. It's not as easy to read as Peter Lynch (but much easier than Intelligent Investor) and really is a vital part of an Investor's education.
Photo from amsfrank