Recommended Reading

Peter Thornhill’s recommended reading list.

These books have shaped and supported the ideas behind Motivated Money. Each title offers a different lens on investing, behaviour, economics, or financial independence — and many challenge conventional wisdom in the same spirit Peter does. Whether you’re new to investing or deepening your knowledge, this list is a valuable next step on your financial journey.

The $1000 Dollar Project

Canna Campbell

A guide to mindful saving from the financial guru behind online sensation SugarMamma.TV.

Bubbles: And How to Survive Them

John P. Claverley

For all those who persist in thinking property never crashes. Here is a timely warning.

Freakonomics

Levitt & Dubner

Things aren’t what they seem! An encouragement to us all to think outside the square, as painful as that may be.

The Winner’s Curse

Richard Thaler

For anyone who has felt lucky as a winner. A sober assessment of our mental sleight of hand.

Mr. Felton’s Bequests

John Poynter

For those interested in philanthropy. An uplifting tale of a great man survived by small men.

Masters of the Market

Hughes, Wilson & Kidman

Valuable insights into managing money in Australia. One manager identifies the importance of income when investing. Anton Tagliaferro.

Anatomy of a Crash 1929

J.R. Levien

Fascinating compilation including a day by day build up to the 1929 “correction”

Six Days in October

Karen Blumenthal

This is a childrens book about the 1929 crash. Well worth a read by adults tempted to speculate.

When Genius Failed

Roger Lowenstein

LTCM became a four letter word. A tale of over-weening ambition and greed.

The Fortune Sellers

William A. Sherden

If your instincts have told you that professional forecasters seem “off beam” this will leave you in no doubt as to why.

Predictably Irrational

Dan Ariely

An opportunity to discover the reasons why we do the silly things we do.

Natural Capitalism

Paul Hawker, Amory B Lovins, L Hunter Lovins

Recommended by a dear friend. Chapter 14 about a city called “Curitiba” in Brazil is worth a read for alternative possibilities.

The Worst Poverty

Hugh Barty-King

A must read for anyone who has a credit card and is in love with their life style.

No longer in print or available

Emotional Intelligence

Daniel Golman

Not about money but the reason people succeed despite their education. Also, the reason I reluctantly endorse the first half of “Rich Dad-Poor Dad”.

The Land Boomers

Michael Cannon

The property crash of the 1890’s reverberated throughout the colony. On the basis that we never learn from history and are doomed to relive it.

Human Frailties

Richard Gordon

Not money but more a tale of the title.

Out of Print

Seeing Tomorrow

Ron Dembo & Andrew Freeman

A great book with interesting commentary on attitudes to risk. Could have done without the “Afterword”.

Against The Gods

Peter L. Bernstein

Another superb piece of history with lessons about risk for us all.

The Richest Man in Babylon

George. S. Clason

This is one for the kids and also those adults who think they know it all.

The Dividend Connection

Geraldine & Gregory Weiss

A slightly more academic work. But for those with a more than passing interest, a valuable text book.

Stocks for the Long Run

Jeremy Siegel

Just great common sense. There is now an updated edition.

Where Are The Customer’s Yachts

Fred Schwed Jr

This is an absolute must read. Written in 1940, it is more relevant today than when it was first written.

Rich Dad Poor Dad

Robert Kiyosaki

Read the first half and then throw away

The Intelligent Investor

Benjamin Graham

Timeless text book. It can be heavy going (was for me but I’m a bit thick) but is well worth the effort.

The Dividend Rich Investor

Joseph Tige & Joseph Lisanti

The antidote to speculation!

Extraordinary Popular Delusions and the Madness of Crowds

Charles Mackay

A fascinating history of exactly what the title suggests. A “must” read for anyone serious about investing.

Manias, Panics, and Crashes

Charles P. Kindelberger

A slightly academic version of “Extraordinary Popular Delusions and the Madness of Crowds” it also points out the potential for moral hazard when

Winning the Loser’s Game

Charles D. Ellis

Good common sense.

The Power of Gold

Peter Bernstein

Superb piece of history and confirmation that man has never possessed gold, quite the contrary, it has possessed man!

The Millionaire Next Door

Thomas Stanley & William Danko

Great read and confirmation why most people are not millionaires. Also great definition of “How much is enough”