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Educational Materials

"The best investment you can make is in yourself. The more you learn, the more you'll earn!" - Warren Buffett 

The CMC Student Investment Fund's primary goal is to provide an education on investing that can't be replicated in the classroom for all students. For that reason, we have included the educational content that we use to train our analysts. The resources page is also filled with a wonderful list of books and websites that are worth burning the midnight oil over. 

Introduction to the Stock Market

Accounting Fundamentals

Multiples-Based Valuation

Intrinsic Valuation

Annual Letters

2021 Annual Letter

2015 Annual Letter

2014 Annual Letter

2013 Annual Letter

2012 Annual Letter

Recommended Reading

The Intelligent Investor by Benjamin Graham

Margin of Safety by Seth Klarman

Competitive Strategy by Michael Porter

Poor Charlie's Almanack by Peter Kaufman

Security Analysis by Benjamin Graham and David Dodd

Richer, Wiser, Happier by William Green

Damn Right! by Janet Lowe

Incerto Series by Nassim Nicholas Taleb


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