Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Brian Feroldi Profile picture
@BrianFeroldi
Jul 5, 2021 • 24 tweets • 7 min read • Read on X
Scrolly
I asked, “What book do you re-read the most?”

I received 441 replies

Here are 20 books that should be read again and again:
1/

7 Habits of Highly Effective People

by Steven Covey
2/

A Short History of Nearly Everything

by Bill Bryson
3/

As A Man Thinketh

by James Allen
4/

Atomic Habits

by @JamesClear
5/

Beyond Wealth

by Alexander Green
6/

Can’t Hurt Me

by @davidgoggins
7/

Extreme Ownership

by @jockowillink
8/

From Zero to One

by @peterthiel
9/

How To Win Friends And Influence People

by Dale Carnegie
10/

How Will You Measure Your Life

by Clayton Christiansen
11/

Meditations

by Marcus Aurelius
12/

The Art of Execution

by Lee Freeman-Shor
13/

The Millionaire Next Door

by Thomas Stanley
14/

The Compound Effect

by Darren Hardy
15/

The Four Agreements

by Don Miguel Ruiz
16/

The Goal

by Eliyahu M. Goldratt
17/

The Power of Now

by Eckhart Tolle
18/

The Psychology of Money

by @morganhousel
19/

Thinking, Fast and Slow

by Daniel Kahneman
20/

Think And Grow Rich

by Napoleon Hill
All of these books (and more) can be found on the “book recommendation” tab of my investing checklist

You can download a copy here:

brianferoldi.gumroad.com/l/zWXye
Enjoy this thread?

Follow me @brianferoldi

You may also enjoy my YouTube channel

youtube.com/brianferoldiyt
Want to see all books that were recommended?

Here’s the full thread:

Happy reading!

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Brian Feroldi

Brian Feroldi Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @BrianFeroldi

Brian Feroldi Profile picture
Aug 16
The P/E ratio SUCKS.

It’s a flawed metric that deceives investors.

Here's exactly why the P/E ratio can be INCREDIBLY misleading (and what to use instead): Image
The P/E ratio's flaw is that the "earnings” can be misleading.

If “earnings” aren’t sustainable, or are artificially inflated/depressed, the P/E ratio will be wrong.

Here's all the reasons why that can happen...
1: Accrual Accounting

The GAAP income statement uses accrual accounting.

Accrual accounting is useful, but it’s basically an accountant’s opinion.

Here are some of the expenses that can cause “earnings” to be higher or lower than the actual cash flow of a business Image
Read 19 tweets
Brian Feroldi Profile picture
Aug 15
7 visuals every investor should memorize:

1: In the long run, stocks win: Image
2: You make far more money by holding through bull markets that you lose by holding through bear markets. Image
3: Investors are their own worst enemy.

Why do they underperform?

Their behavior. Image
Read 8 tweets
Brian Feroldi Profile picture
Aug 13
The Rule of 72 is the MOST IMPORTANT "mental math trick" for investors to know.

Here's how it works:
Humans tend to think *linearly*.

When we see a curve, we mentally approximate it by a straight line.

This helps us cope with changes in the world around us. Image
But in finance/investing, we need to think *exponentially*.

Money compounds.

Growth doesn't happen at a constant pace; it *accelerates* over time.
Read 16 tweets
Brian Feroldi Profile picture
Aug 12
Tom Engle has lived off of his portfolio for 40 years (!!!)

How? He's an incredible investor with a BRILLIANT cash management strategy.

Here's exactly how it works (step by step): Image
Let's say Tom's portfolio is worth $100,000 in the middle of a bull market.

Tom is happy with this number and wants to protect it.

He mentally calls this $100,000 his "protected value."

All his cash management decisions are based on this number. Image
Tom always keeps an eye on the macro and has a feel for if the market is:

▪️Under-valued
▪️Fairly-valued
▪️Over-valued

Tom keeps ~12% of his "protected value" in cash in a fairly-valued market.

That's $12,000 Image
Read 19 tweets
Brian Feroldi Profile picture
May 17
8 visuals every investor should memorize:

1: In the long run, stocks win: Image
2: You make far more money by holding through bull markets that you lose by holding through bear markets. Image
3: Investors are their own worst enemy.

Why do they underperform?

Their behavior. Image
Read 9 tweets
Brian Feroldi Profile picture
May 16
My worst investing decisions ever all contain the same word:

Sell

But that doesn't mean I "buy and forget"

Here are the exact reasons I will exit an investment: Image
1: Thesis Busted

Translation: I was wrong

This could be because:
▪️Brand deteriorated
▪️Management isn't executing
▪️I misjudged the moat
▪️Rising competition

If the original reasons I bought are no longer valid, I admit defeat and move on
2: Accounting Irregularities

If I can't trust the numbers, I'm out.

Accounting Irregularities = You are dead to me forever
Read 14 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(