Books that your fund managers read

Fund managers don’t just dive into balance sheets, profits and loss statements and spreadsheets to understand how companies perform and industries work. These are the obvious sources of information, and all fund managers pore over them diligently. What makes fund managers different from one another is the way they analyse and understand the raw data. Besides, sometimes fund managers also need to look at how investments and funds are managed in other countries, especially in countries like the US where mutual funds industry is a more evolved one. Here, many fund managers with track records of 30 or even 50 years have written books in which their experiences are collated. These books are one of the sources from where domestic fund managers can draw fund management wisdom. Many fund managers, therefore, spend countless hours reading these books to understand more about how the world around them moves. Many of these books are written in a manner that you do not have to be a fund manager to understand them. All of us can read them and become better investors. Kayezad E. Adajania asked five fund managers to tell us about their favourite investment-related books. Here’s what they said:

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