For the assistant/associate/ PMs out there, what PM books do you keep by your side at all times for reference and study? What are your more useful PM books? Which ones should I use first to most effective learn about this (besides the CFA)? I’m obviously a novice, but I found this informative gem: Quantitative Management of Bond Portfolios (Advances in Financial Engineering) http://www.amazon.com/Quantitative-Management-Portfolios-Financial-Engineering/dp/0691128316/ref=pd_bbs_sr_1/102-0613022-2892125?ie=UTF8&s=books&qid=1191721129&sr=8-1
no one reads?
Maybe it’s that part about “…keep by your side at all times for reference…”. I spotted a book in my colleagues office today; Hedgehogging by Barton Biggs. Not sure whether it would fit “…at all times…” but it might be a good book anyway. - o - An analyst asked Byron Wien : "Byron, why do you suppose you and Barton seem to always be running ahead of your competitors, even though they’re 20 years or more your junior?"Wien, usually not at a loss for words, paused for a few seconds. “I think it’s because we love our jobs, and they hate theirs.” (Source: http://www.amazon.com/Hedgehogging-Barton-Biggs/dp/0471771910)
I meant technical books, not experience oriented books.
I’m pretty into that “A Random Walk down Wall Street” book. Certainly makes being a “PM No.1” more appealing from a cost/revenue perspective. Willy
I’ve heard good things about “Pioneering Portfolio Management” by David Swensen - the head of the Yale endowment. I haven’t read it first hand, but his other book “Unconventional Success” was very good. As a text the book “Investments” by Bodie, Kane, and Marcus is pricey but thick/thorough at an introductory level and a lot of the PM in Level II came out of it. http://www.amazon.com/Pioneering-Portfolio-Management-Unconventional-Institutional/dp/0684864436/ref=pd_bbs_4/102-8672464-4892922?ie=UTF8&s=books&qid=1191958660&sr=8-4