Post-war Iceland had major resource shortages, but they had plenty of paper. They could have as many books as they wanted, but the population wasn’t large enough to sustain a year round publishing rota.
A puppetmeister in the industry came up with the notion of timing a Yule Book Flood where Icelanders give books to each other on Christmas Eve. It has now become a Icelandic tradition to gift your loved ones a book each on December 24th and spend the evening curled up with the books you have received in turn. You can read more about Icelandic Christmas traditions from my friend Sigrun.
As a Christmas Eve investing Jólabókaflóð (Yule Book Flood) please see a list of my favourite investing books that you don’t need a doctorate in Finance to read….
One Up On Wall Street: How To Use What You Already Know To Make Money In The Market
The Most Important Thing: Uncommon Sense for the Thoughtful Investor: Uncommon Sense for Thoughtful Investors
Women of The Street: Why Female Money Managers Generate Higher Returns (and How You Can Too)
Jones, Meredith A.
The Education of a Value Investor
The Manual of Ideas: The Proven Framework for Finding the Best Value Investments
The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets
Faber, Mebane T.
The Little Book That Builds Wealth: The Knock-out Formula for Finding Great Investments
Investing Demystified: How to Invest Without Speculation and Sleepless Nights
Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
William N. Thorndike
Trade Like Warren Buffett
The Little Book That Still Beats the Market: Your Safe Haven in Good Times or Bad
You Can be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits
The Art of Value Investing: How the World's Best Investors Beat the Market
100 to 1 in the Stock Market: A Distinguished Security Analyst Tells How to Make More of Your Investment Opportunities
Phelps, Thomas William
There's Always Something to Do: The Peter Cundill Investment Approach
Simple But Not Easy: An Autobiographical and Biased Book About Investing
The Value Investors: Lessons from the World's Top Fund Managers
Ronald Chan, Bruce C. N. Greenwald
The Clash of the Cultures: Investment vs. Speculation
John C. Bogle, Arthur Levitt
The Little Book of Behavioral Investing: How Not to be Your Own Worst Enemy
Common Stocks and Uncommon Profits and Other Writing
Philip A. Fisher, Kenneth L. Fisher
Free Capital: How 12 private investors made millions in the stock market
The Snowball: Warren Buffett and the Business of Life
The Essays of Warren Buffett: Lessons for Investors and Managers
Lawrence A. Cunningham
Warren Buffett Invests Like a Girl: And Why You Should Too
Motley Fool, Louann Lofton
The Dhandho Investor: The Low Risk Value Method to High Returns
Wishing you all the best for Christmas and the challenges ahead…