5 Essential Books for Tech Investors
Sat, 01/01/2011 - 12:28 by Eric Bleeker
New Year's is upon us, and with that comes goals and aspirations for the year ahead. So what's stopping you from becoming a better tech investor in 2011? Here are five suggested readings for the year ahead.
The Essential Guide to Semiconductors by Jim Turley
The field of semiconductors is notoriously hard to crack. If you're looking to escape years of frustration diving into reading semiconductor filings without a background course, Turley's book is one of the best. While the book is getting a bit dated, it does a fantastic job of explaining different parts of the semiconductor industry in plain English. The book is especially invaluable if you're invested in large diversified semiconductor companies such as Texas Instruments (NYSE: TXN), where keeping up with the company's large product line can feel like an impossible task.
Fisher Investments on Technology by Brendan Erne and Andrew Teufel
If technology in general is a foreign concept for you, this book is a great starting place to get an overview on the industry. Simple enough for novice investors to follow but also providing insightful broader industry information and market share stats more seasoned investors can enjoy, it's a good addition for investors' book shelves.
The Innovator's Dilemma by Clayton Christensen
This is the most important book available for bridging a background in the technology industry with investing in the industry. If I could recommend only one technology investing book, this would be it.
The Big Switch by Nicholas Carr
If you want to understand the consequences of cloud computing, there's no better place to start than Carr's book on the subject. While The Big Switch is years old, it still provides one of the best defenses of the inevitability of cloud computing's growth. For investors in companies such as Rackspace (NYSE: RAX) that provide hosting services, it's invaluable reading.
For the well-rounded investor
The Little Book of Value Investing by Christopher Browne
Graham's Intelligent Investor it is not, but the book provides a succinct look at value investing methodologies. For investors who are constantly focused on the next megatrend, taking a step back and gaining the tools to analyze deep value plays in the industry like Imation(NYSE: IMN) can provide new investment opportunities.
That's hardly a definitive list of technology readings for the year ahead, so sound off in the comments area below and let us know what's on your reading list for the year ahead.
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