Hi Kaf,
I just finished the book you mentioned. It looks like a real gem to me as far as selecting individual stocks is concerned. I would not have reccomended this as one of your first investing books though. I think many people feel over confident in individual stocks and others advise against like the plauge. I fall somewhere in the middle.
I would reccomend you read much more and become very well rounded. Learn the advantages/disadvantages to active vs passive, growth vs value, large vs small, etc, etc..... Seek differing view points and dont think that you have found the holy grail after reading a book. Practice the art of critical thinking and develop your own strategy based on your own knowledge.
At some point be sure to include "The post American World" by Zakaria and "When Markets Collide" by El-Erian. The latter is by no means a beginner book so I would wait on this one.....but not too long! The two books should make it on your "must read" list.
Ofcourse, As mentionded by Dennis, "Random Walk" and "Four Pillars" are also must reads and I would start on them immediately. Four Pillars presents an awesome history of the market back to a time when you thought the market did not even exist!
There are some really great dividend investing books out there if you think thats your cup-o-tea (I am also very fond of dividend investing and dividend growth strategies), but I would start on the two last above mentioned first to build your foundation.
Your off to a great start.
Good Luck and be patient, as newbie you may become overwhelmed rather quickly, especially when seeking alternative viewpoints.
Brian