books

The following books can be heartily recommended for reading, both as they are well written and provide a lot of insight into the subjects of index-investing and asset allocation.

books

'A Random Walk Down Wall Street' Burton G. Malkiel: makes you see the reason why it is useless to try and beat the market (library / Buy at Amazon)
'The Four Pillars of Investing' William Bernstein, a common sense guide how to become a "smart" investor in terms of not loosing money due to unnecessary costs and taxes. (library / Buy at Amazon)
'The Intelligent Asset Allocator' William Bernstein, a more in depth study on the workings of ones portfolio (library / Buy at Amazon)
'The Motley Fool Money Guide' David Gardner, a very good starting point for starting your "coming of age" in financial matters (library / Buy at Amazon)
'The Coffeehouse Investor' Bill Schultheis, covers a lot of ground for novice index-investors (library / Buy at Amazon)
'Mathematik für Ingenieure Bd 3', Wahrscheinlichkeitsrechnung, Math. Statistik, Lothar Papula, a mathematical textbook like it should be. Unfortunately we have no recommendation for an English statistics textbook, so if you have a recommendation do not hesitate to contact us. (library / Buy at Amazon)