Book Notes
TaeMin's personal notes and critiques on foundational investing books — what stuck, what aged badly, and what changed how I invest.
5 articles
Bernstein's Four Pillars of Investing: The History Pillar That Cost Me 35%
William Bernstein's case for why theory, history, psychology, and industry must all be understood before you invest a dollar. The pillar I underweighted, and what it cost me.
A Random Walk Down Wall Street: The Book That Stopped Me Reading Charts
Burton Malkiel's case for index investing has held up for over 50 years. Here's what stuck for me, and the chapter where I think he undermines his own thesis.
Bogle's Little Book of Common Sense Investing: What Stuck, What I Pushed Back On
Personal notes on John Bogle's case for index funds — the chapter that changed my QQQ concentration, and the one place I still disagree with him.
The Simple Path to Wealth: Where I Agree with JL Collins, and the Big Chapter I Don't
JL Collins built a cult following around VTSAX. I hold his philosophy in my core but diverge on one major point — here's what I took from his book and where I argue with him.
The Psychology of Money: Four Chapters That Rewired How I Hold a Portfolio
Morgan Housel's book is a mindset book, not a portfolio book. Here's how I translated it into actual rules for my ETF account — and where I think it goes too soft.