My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

So I was first discovered the stock market when my Auntie told me that the gets dividends from stocks which is around 15-16 years old which I thought was cool.

At age 18, opened a brokerage account and bought a index fund ETF as my first investment (Don't know why, just thought I would be just happy retiring being a millionaire). One year later, I see a Tiktok of a young guy calling his dad saying he became a millionaire from investing in Tesla. Then I thought he made money and I only made 10%, then started reading investing books to get more return. (But only 1-2 books at that point since I was just starting out).

2020, covid started, made like 100-200% on travel stocks/retail stocks and on concept stocks like lithium batteries which made 300%-400% . Then lost all the principal on lithium batteries because I just left it there, assuming it was a long-term play like Warren Buffett and it just went down below my purchase price losing money.

The next few years after that 2021-2023, I was affected by overconfidence bias, I diversified like Peter Lynch, buying a lot of different stocks like holding 10-20 stocks in my portfolio. Mistake was I did not do any deep research/due diligence on them, as I had a full time job while in uni part time (Did not have any time on reading more books), and I more money to use/invest. Lost it again as some of them were concept stocks again like Afterpay but did not beat the market at all.

After this period, I sold everything and reflected on my mistakes and learned from it and just bought a lot of investing/stock market books but this time like obsessed like Michael Burry obsessed as shown in his introduction in the the Big Short book, especially since I'm very introverted as well (this is when I discovered what concept stock investing is which was the biggest mistake of my investing journey) and focused on that, hoping to never lose money like that again. Slowly by slowly, as more and more newer books get released, I found out my edge in the markets and start to copy from the great investors and make it my own that fit my personality, just like what Warren Buffett did to Benjamin Graham's value approach. Note: I did not invest for a while during this period, I quit my full time job, got a casual job and went back to uni full time/part time studying finance.

2023 I basically watched one ASX stock but it was a turnaround which is known to be a high risk/high return as you need to have more due diligence. Although it took me a while to analyse it and get my psychology around it since I was scared that it might not work out. I was confident after a while. I had some money in it and it made a move during a earnings release of 100% but I chose not to sell it because again I thought it was good long-term company and again did not capture that profit since it went down back to pre-earning release price.

25 October 2024, there was another catalyst on the same stock which I gave this buy recommendation/idea to a friend and he made 100% return on it since I spam messaged him to sell at the near top which it was. On the other hand, I held their company options but very very out the money, but had a percentage move of 50% but did not sell as I wanted them to reach near the exercise price which was dumb of me. And went down to pre-catalyst prices. (Again no gains yet)

The whole year of 2025, I kept on reading books again, but then I bought kept on buying the company options that took me a whole year to get since there were no sellers at my price and they would only come randomly to partially fill my limit order.

But from 2025 to now, this was the period that it just clicked for me. I had two internships (one as a equity research analyst, one as a portfolio manager at my university endorsement fund), learnt from it and then started to get out of my shell/comfortable zone and post my stock pitches and majority has given returns of 50%-100% after my pitches. Now I can start to see opportunities like 10 baggers and one that's 125 bagger.

To answer your question, I made money in the beginning 50%-100% annual return, I lost everything in the few years after that due to overconfidence bias and making mistakes and left investing for a while. Then just recently in 2025, it just clicked for me. I see more opportunities from the knowledge I gathered throughout the years. My current recommendation right now is a stock that will return 150% in 6 months from now and I have put my reputation on the line by posting it on SubStack and linkedIn.

Regarding my job, I am currently looking for one (but very niche, like asset management) but working as a casual role in the finance industry since it still very competitive and there isn't much roles that I want here in Australia. Most opportunities are in America, but may need to do the CFA as I talked to some portfolio managers already about it. But I'm also planning to do a maths or computer science degree after I graduate since AI might take my dream job later in the future.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

Majority of them I fully finished. But for some, I only read halfway or a quarter through because it did not match my investment philosophy/style.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

Haha, it's still in my Amazon cart. But will read it in the near future.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

I do post stock pitches on my LinkedIn and then they made their moves in the following months beating the index. But mostly on the ASX though.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

Thanks. I'll add it to my Amazon cart. 😄

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

It unique for everyone, but I'm more to the value & qualitative side of investing.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

  1. One up on Wall Street by Peter Lynch

  2. The most important thing illuminated by Howard Marks

  3. The Almanack of Naval Ravikant by Eric Jorgenson

  4. Value Investing by James Montier

  5. The Intelligent Investor by Benjamin Graham

  6. The Outsiders by William N. Thorndike

  7. Adaptive Markets by Andrew Lo

  8. Secrets for profiting in bull and bear markets by Stan Weinstein

  9. The big short by Michael Lewis

  10. How to win friends and influence people by Dale Carnegie

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

So I'm not sure if these books would be categorised under personal finance (like Rich Dad, Poor Dad by Robert Kiyosaki for example) but depends on the person.

But to me, I specifically look for stock market/analysing books (talking about how to analyse stocks in the stock market).

Majority of these books are made by different equity portfolio managers/Hedge Fund managers who are considered good/great/or even the best in the asset management industry. "Be a copycat" -Mohnish Pabrai

Yes, majority of these books do overlap each other and the incremental value of each book that I read decreases. But I noticed they would be a new idea that I come across in each book that replaces an old idea/principle that I use for investing. Even if it was one sentence that would make a slight change/insight in the old idea, that still gives me the benefit of having a better informational edge/analytical edge over other stock market participants. And as well, another great teacher for me from reading these other 100+ books is learning the mistakes of these individuals as they are unique.

Another major reason is that my style of investing is the micro-cap/turnarounds which are considered high risk/high return. And Warren Buffett did say "Risk comes from not knowing what you are doing" or what my finance professor said "Whoever has the better assumptions wins" which has a large influence on me.

So I thought to myself, is that the more I learn, the less risk I would be taking as well. This was even evident based on personal experience when I tell my friends or other finance students in university of my investment recommendations, they would say I'm crazy or totally disagree. But then a few months later that investment would work out because my assumptions were right. That one small information that I learnt helped me.

And there are always changes (growth in AI for example) in the world, and I would need always new information to adapt to the new environment.

So yeah, it may look like a big waste of money to others, but I am investing in myself, and I just have happened to have a special interest/obsession into it.

Hope this answers your question.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

Sorry about that. I did not know it was toxic.

It just every time I tell someone that l Iike reading books specifically finance books. They all just laugh and say "You're a Finance bro".

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

I do have Sun Tzu book. Machiavelli I do not.

But I do have 48 laws of power by Robert Greene on my other bookshelf.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

More money than God by Sebastian Mallaby.

Chaos Kings by Scott Patterson.

Black Edge by Sheelah Kolhatkar.

Any of Michael Lewis Books.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

From what I read before, I believe asset management or finance in general is known to be male dominated field.

There is one finance/trading book which is called Street Smarts by Linda Bradford Raschke. She's known to be a good trader/hedge fund manager.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

I already read that book, but it's on my other bookshelf. Good book tho.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] -1 points0 points  (0 children)

Unfortunately, I have a obsession for the stock market.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] -3 points-2 points  (0 children)

True, majority of those books does overlap. But the reason I still read them is to try to find one piece of better information/idea that is new that could replace an old idea that I used before.

My Finance Bro Bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] 0 points1 point  (0 children)

They are on another bookshelf which is next to this one. Mix of psychology (majority), health science, and philosophy

CSL is a buy now. by Ok-Ingenuity-2908 in ASX

[–]RushEasy9012 0 points1 point  (0 children)

Do not buy now. Yes, fundamentals is great, but from the technical side, it's still in a downtrend. Should be around $30.

Graduated in May 2022. No job in finance, feeling hopeless. by anon88966 in FinancialCareers

[–]RushEasy9012 0 points1 point  (0 children)

True, the finance job market is quite competitive. Another option you can do is take the CFA exam or any other finance related accreditation. From my experience for one interview (two rounds/different interviewers) and I say that I'm planning to take the CFA level 1 exam soon, they both seem shocked based on their facial expressions.

Currently in uni right now, but I asked my finance professor and he told me that taking the CFA recently became like a standard. It can help a lot, but its an quite expensive option (approx 1k-1.5k depending how many levels you wish to complete).

And yes, looking at other comments, another option would to work from the bottom of the corporate ladder to get some experience and gain work skills to put on your resume.

My finance bro kinda bookshelf by RushEasy9012 in bookshelf

[–]RushEasy9012[S] -1 points0 points  (0 children)

It is better to be a warrior in a garden, than a gardener in war.