Books

The Millionaire Next Door
Thomas Stanley

Over a decade of research revealed some eye-opening data about who are the millionaires among us. Although this book isn’t about investing, it reveals the personal characteristics you’ll want to adopt to give you the best chances possible to become wealthy through investing, and keep it.

The Random Walk Guide to Investing
Burton G. Malkiel

Burton Malkiel is a professor of economics at Princton University, and a leading finance author. The Random Walk Guide to Investing is a simplified version of his more in-depth book, A Random Walk Down Wall Street. If I could only recommend one book, it would be this one.

The Investor’s Manifesto
William J. Bernstein

William Bernstein is financial theorist known for his research in the field of modern portfolio theory. He’s also a leading finance author, whose in-depth books we recommend below. The Investor’s Manifesto was his approachable primer to investing.

Rational Expectations
William J. Bernstein

Bernstein’s latest, and perhaps my favorite, book about asset allocation. Continuing the theme of his “Investing for Adults” series, this full-length finance title is not for beginners, but rather assumes a fair degree of quantitative ability and finance knowledge.

Fail-safe Investing
Harry Browne

The late Harry Browne designed one of the simplest, yet profoundly sophisticated asset allocations, based on the four states of the economy. This book is a masterpiece.

The Permanent Portfolio
Craig Rowland & Mike Lawson

This 2012 book extends on Harry Browne’s classic, with information about the modern implementation of the Permanent Portfolio, and even delves into extended topics relevant to international investors, and foreign gold holdings.

Podcasts

EconTalk
Russ Roberts

It would be difficult to overstate how good this podcast is, going all the way back to 2006, including interviews with the likes of Milton Friedman. If I could only listen to one podcast, this would be it.

The Meb Faber Show
Meb Faber

Meb Faber is the co-founder of Cambria Investment Management, and has an investing approach very much in line with that described in Money for Something.

Invest Like the Best
Patrick O’Shaughnessy

Another of my favorite podcasts. While Patrick is the founder of an active management company, which isn't quite consistent with the approach described in my book, he has an extraordinarily good podcast, covering topics related to hedge funds, machine learning in investing and crypto currencies.