Books

The original framework for valuing securities by discounting future dividends — the intellectual foundation of modern valuation theory and the business ownership perspective.

The definitive text on fundamental analysis. Graham and Dodd's framework for distinguishing investment from speculation remains the cornerstone of rigorous equity research.

The Columbia Business School course distilled into a book. Greenwald's framework for finding and valuing franchises with durable competitive advantages is essential reading for any serious investor.

A compelling argument that dividend-paying stocks rooted in real business cash flows are the most reliable path to long-term wealth — connecting yield to business ownership.

Peris argues that shareholder yield — dividends plus buybacks — is the clearest expression of a company's commitment to its owners. Required reading for factor investors.

The definitive quantitative study of what factor strategies actually outperform over long periods. O'Shaughnessy's data-driven approach is the empirical backbone of multi-factor investing.

A practical guide to building a dividend-focused portfolio. Peris shows how to evaluate dividend sustainability, growth potential, and yield in the context of long-term wealth creation.

Miller's timeless case for high-quality dividend growth stocks as the single best long-term investment — combining current yield with compounding dividend growth.

Buffett's shareholder letters organized thematically — covering corporate governance, finance, investing, and business valuation. The closest thing to a complete articulation of Buffett's philosophy.

Peris challenges modern portfolio theory, arguing that investors should think like business owners — evaluating companies on cash returns rather than price volatility and correlation.

Oaktree Capital's Howard Marks distills a lifetime of investment wisdom into second-level thinking, risk assessment, and the psychology of markets. One of the most cited books in professional investing.