Free Investing Reading

Warren Buffett's yearly letters to Berkshire Hathaway shareholders, free to read back to 1977.

Howard Marks's memos to Oaktree clients on markets, risk and investor behavior, free to read back to 1990.

A volunteer-written wiki on low-cost, long-term index investing, based on the ideas of Vanguard founder John Bogle.

Ben Carlson's blog on markets, market history and personal finance, written for regular investors.

Essays and podcasts from the venture capital firm Andreessen Horowitz on startups, tech and markets.

Research papers from the quant fund AQR on value, momentum and building portfolios.

The bank for central banks. Publishes research and statistics on the global financial system.

Research and commentary on the global economy and markets from Ray Dalio's firm.

Research papers and briefs on investing and markets from the CFA Institute's research foundation, many free to read.

Essays on money and behavior by Morgan Housel and others, the writing behind The Psychology of Money.

Free guides on accounting, financial modeling and valuation. The courses and certificates are paid.

NYU professor Aswath Damodaran's site, with free valuation data, spreadsheets and full course lectures.

The ECB's site, with interest rate decisions for the euro area, statistics and research.

Articles on mental models and better decisions, drawing on thinkers like Charlie Munger.

The US central bank's site, with interest rate decisions, meeting statements and economic research.

The research library of Jeremy Grantham's firm, including his letters on bubbles and long-term returns.

Columbia Business School's value investing center, home of the Graham and Dodd tradition, with talks and resources.

A dictionary and guide for money and investing, with plain explanations of thousands of terms.

The SEC's site for everyday investors, with plain guides to investing basics, fees and spotting fraud.

J.P. Morgan's quarterly chart book on the economy and markets, free to download.

Aswath Damodaran's blog, where he walks through how he values companies and markets as news happens.

Nick Maggiulli's blog on personal finance and investing, backed by data and simple charts.

Ray Dalio's rules for life and work from his book Principles, with free videos and resources.

Michael Batnick's blog on markets and how investors behave.

CNBC's archive of Berkshire Hathaway annual meetings, with full video and transcripts going back to 1994.