I have read a lot of investment books. Generally speaking, investment books can be divided into the following categories: Category 1: dry goods, there are many books, but there is a certain professional threshold.
Although it is very famous, many people buy it as a tabletop and it is impossible to read it carefully, let alone understand the meaning of the book.
Such books include: Graham's "Security Analysis", Seth Klarman's "Margin of Safety", Buffett's Letter to Shareholders, etc. The second category: popular science.
This type of book is not that professional, so it can be understood by many laymen who are not from the financial industry.
At the same time, they also convey some popular science knowledge about financial investment, so they are relatively practical.
Such books include: David Swenson's "The Road to Innovation in Institutional Investment", John Bogle's "The Winning Rules of Public Equity Funds", Burton McGill's "A Walk on Wall Street", Siegel's "The Long-term Magic of the Stock Market", etc.
The third category: story + autobiography.
You can read it as a novel when you are relaxed, and you can also learn some investment knowledge.
For example, Lowenstein's "The Rise and Fall of Long-Term Capital Management", Robert Slater's "The Biography of Soros", Janet Lowe's "The Biography of Charlie Munger", etc.
Category 4: Deception.
"The bull market needs to calm down - turn off the lights and eat noodles to achieve an average annual return of 40%", "Capturing the Big Bulls: A book to see through the stock market makers", "The Wisdom of Stock Trading: The Experience of Making a Living Stock Trading on Wall Street", etc.
This type of book usually has a high sales volume, but after you read it, you will know that its level and content are completely different from the above three categories.
Wu Zhijian's "Little Turtle" is relatively close to the second category mentioned above, that is, it mainly focuses on popularizing investment knowledge to everyone.
So what is the difference between "Little Turtle" and these classic books?
The three categories of relatively high-quality investment books mentioned above are all written by foreigners, so what we see are all translated versions.
Readers who have read the translated version have this experience, that is, the readability of the book depends largely on the quality of the translation.
If the translation quality is not up to standard, no matter how high the quality of the original book is, it will look awkward or even feel nothing.
Because the author of "Little Turtle", Wu Zhijian, is Chinese, the Chinese version he wrote does not sound as inconsistent as the translated version, making it easier for Chinese readers to accept.
Before buying this book, I suggest that you first go to Wu Zhijian’s Zhihu, Xueqiu and WeChat public accounts (Wu Zhijian Evidentialism) to read some other articles written by him, so that you can have a certain understanding of Wu’s writing style.
It’s not too late to decide whether to buy it or not.