If you are going to start investing in the stock market and want to become a successful investor, then today I will tell you about the best investing books by which you can easily set up in this field.
Once Warren Buffet was asked about secret of his success, he said :
Read 500 pages every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.
Warren Buffet is one of the greatest investors of all time. These must read books I’m going to share you, which are Buffet’s favorite books.
Best Investing Books
I have brought these 12 selected best investing books for you, which are best-sellers books all over the world and some big investors will definitely talk about these. I have shortlisted some best investment books according to my reading and experience, let’s start without any delay.
#1. The Intelligent Investor by Benjamin Graham
By far, this is the best investing book ever written, Warren Buffet said.
This investment book has sold more than 1 million hardcover and now available first time in paperback format.
The Classic Text Annotated to Update Graham’s Timeless Wisdom for Today’s Market Conditions
The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham’s philosophy of “value investing” —which protects investors from substantial error and teaches them to develop long-term strategies — has made The Intelligent Investor a stock market Bible since its original publication in 1949.
Over the years, the development of the market has proven Graham’s understanding of strategies. Preserving the integrity of Graham’s original text, this revised edition includes an updated commentary by noted financial journalist Jason Zwig, whose perspective incorporates today’s market realities, amid Graham’s examples and today’s financial headlines Draws parallels, and gives readers a more in-depth understanding of how to apply Graham’s principles.
Important and unavoidable, Intelligent Investor is the most important book you will ever read to reach your financial goals.
British-born American economist, investor, and professor, Benjamin Graham, is known as the ‘father of value investing’ which has been discussed in detail in his two books Security Analysis and The Intelligent Investor.
Graham’s investment philosophy covers minimal debt, investor psychology, fundamental analysis, buy-and-hold investing, concentrated diversification, buying within safety margin, activist investing, and contrarian mindsets.
#2. A Random Walk Down Wall Street
Second book in the list of the best investment books, A Random Walk Down Wall Street – The time tested strategy for successfull investing. The author of this Investment book is Burton G. Malkiel. This book has sold over 1.5 million copies.
Download E-book – A Random Walk Down Wall Street PDF OR Buy this book on the following platforms.
Using dot-com crashes as an object lesson on how to manage your portfolio, is the best-selling, trick-free, irreversible and highly effective way to reduce market turmoil and manage investments with confidence informative guide.
Random Walk Down Wall Street is well established as a staple of the trading shelf that any investor should read before dipping into the wallet.
With a life cycle guide to investing, it caters to the needs of investors of any age group.
Burton G. Malleel explains how to analyze potential returns, not just for shares and bonds, but from money market accounts and REITs to insurance, home ownership, gold and holdings.
Whether you want to defend yourself in market ways before talking to a broker or follow Mulkill’s easy steps to manage your own portfolio, this book is the best investment guide you can buy with money.
Burton G. Malkiel is the Chemical Bank Chairman’s Professor of Economics Emeritus at Princeton University.
He is a former member of the Council of Economic Advisers, dean of the Yale School of Management, and has served on the boards of several major corporations, including Vanguard and Prudential Financial.
He is the chief investment officer of Wealthfront.
A Random Walk has set thousands of investors on a straight path…. A lucid mix of the theoretical and the pragmatic.Chicago Tribune
A must-read for any investor.The Browser
Imagine getting a week-long lesson on investing from someone with the common sense of Benjamin Franklin, the academic and institutional knowledge of Milton Friedman and the practical experience of Warren Buffett. That’s about what awaits you in the latest edition of this must-read by Burton Malkiel.Barron’s
Not more than half a dozen really good books about investing have been written in the past fifty years. This one may well belong in the classics category.Forbes
An engagingly written and wonderfully argued tome.Money
#3. Common Stock and Uncommon Profits and other writings
The one classic writings, third in the list of best investment books, “Common Stocks and Uncommon Profits and Other Writings” written by American investment genius Philip Fisher.
Download E-book – Common Stocks and Uncommon Profits PDF OR Buy this book on the following platforms.
Widely respected and admired, Philip Fisher is among the most influential investors of all time.
His investment philosophies, introduced almost forty years ago, are not only studied and applied by today’s financiers and investors, but are also regarded by many as gospel.
This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author’s son Ken Fisher, an investment guru in his own right in an expanded preface and introduction
“I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits…A thorough understanding of the business, obtained by using Phil’s techniques…enables one to make intelligent investment commitments.”
Common Stocks and Uncommon Profits and Other Writings by Philip A. Fisher Hailed by Forbes magazine as “one of the seminal figures of modern investment thinking,” and a “giant” by investment wizard Warren Buffett, Philip Fisher is one of the most influential investors of all time.
Admired for his investment success, he is even more widely respected for his sound investment philosophies philosophies that have withstood the test of almost forty years and that are regarded as gospel by the investors of today.
These principles and theories were introduced by Fisher in Common Stocks and Uncommon Profits.
In Common Stocks and Uncommon Profits, Fisher shares his philosophy, offering valuable insights into the most fundamental and important aspects of buying and selling stock. Here are solid guidelines on when and what to buy, sound reasons for selling common stock, as well as critical information on profit margins and dividends.
There is also Fisher’s famous list of Top–Ten “Don’ts” for investors, complete with warnings against buying into promotional companies, over–stressing diversification, following the crowd, and buying stock just for the “tone” of its annual report.
#4. One Up On Wall Street by Peter Lynch
This investment book is the national bestselling book that every investor should own.
Download E-book – On Up On Wall Street PDF OR Buy this book on the following platforms.
Peter Lynch is America’s number-one money manager. His mantra: Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.
More than one million copies have been sold of this seminal book on investing in which legendary mutual-fund manager Peter Lynch explains the advantages that average investors have over professionals and how they can use these advantages to achieve financial success.
America’s most successful money manager tells how average investors can beat the professionals by using what they know. According to Lynch, investment opportunities are everywhere.
From the supermarket to the workplace, we encounter products and services all day long. By paying attention to the best ones, we can find companies in which to invest before the professional analysts discover them. When investors get in early, they can find the “tenbaggers,” the stocks that appreciate tenfold from the initial investment.
A few tenbaggers will turn an average stock portfolio into a star performer.
Lynch offers easy-to-follow advice for sorting out the long shots from the no-shots by reviewing a company’s financial statements and knowing which numbers really count.
He offers guidelines for investing in cyclical, turnaround, and fast-growing companies.
As long as you invest for the long term, Lynch says, your portfolio can reward you.
#5. The Little Book of Common Sense Investing
The Only Way to Guarantee Your Fair Share of Stock Market Returns.
The Little Book of Common Sense Investing is the classic guide to getting smart about the market.
Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds.
Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.
While the stock market has tumbled and then soared since the first edition of Little Book of Common Sense Investing was published in April 2007, Bogle’s investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor.
Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing.
Bogle shows you how to make index investing work for you and help you achieve your financial goals, and finds support from some of the world’s best financial minds: not only Warren Buffett, but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale’s David Swensen, Cliff Asness of AQR, and many others.
#6. The Warren Buffet Way
Investment Strategies of the World’s Greatest Investor. You have understood whom I am talking about.
Absolutely Warren Buffet.
Warren Buffett is the most famous investor of all time and one of today’s most admired business leaders. He became a billionaire and investment sage by looking at companies as businesses rather than prices on a stock screen.
Download Free E-Book – The Warren Buffett Way Pdf.
The first two editions of The Warren Buffett Way gave investors their first in-depth look at the innovative investment and business strategies behind Buffett’s spectacular success.
The new edition updates readers on the latest investments by Buffett. And, more importantly, it draws on the new field of behavioral finance to explain how investors can overcome the common obstacles that prevent them from investing like Buffett.
The greatest challenge to emulating Buffett is not in the selection of the right stocks, Hagstrom writes, but in having the fortitude to stick with sound investments in the face of economic and market uncertainty.
The new edition explains the psychological foundations of Buffett’s approach, thus giving readers the best roadmap yet for mastering both the principles and behaviors that have made Buffett the greatest investor of our generation.
#7. The Little book that Builds Wealth
In The Little Book That Builds Wealth, author Pat Dorsey, the Director of Equity Research for leading independent investment research provider Morningstar, Inc. – reveals why competitive advantages, or economic moats, are such strong indicators of great long-term investments and examines four of their most common sources: intangible assets, cost advantages, customer-switching costs, and network economics.
Along the way, he skillfully outlines this proven approach and reveals how you can effectively apply it to your own investment endeavors.
#8. The Elements of Investing
Charles Ellis and Burton Malkiel—two of the world’s greatest financial thinkers—have again combined their talents to produce a straight-talking book about investing and saving.
Written with every investor in mind, this reliable resource will put you on a path towards a lifetime of financial success.
The Elements of Investing hacks away at all the overtrading and over thinking so predominant in the hyperactive thought patterns of the average investor. Malkiel and Ellis offer investors a set of simple but powerful thoughts on how to challenge Mr. Market at his own game, and win by not losing. All the need-to-know rules and investment principles can be found here.
- Contains sound investment advice and simple principles of investing from two of the most respected individuals in the investment world
- Burton G. Malkiel is the bestselling author of A Random Walk Down Wall Street and Charles D. Ellis is the bestselling author of Winning the Loser’s Game
- Shows how to deal with an investor’s own worst enemies: fear and greed
A disciplined approach to investing, complemented by conviction, is all you need to succeed. This timely guide will help you develop these skills and make the most of your time in today’s market.
#9. How to Avoid Loss and Earn Consistently in the Stock Market
Hundreds of books are there about “How to make money from stocks?”
Still 80% small investors suffer loss in the stock market. Why?
Plenty of free trading tips are available across Television and Internet; still maximum small investors are unable to earn significant return consistently from trading. Why?
Why maximum individuals still consider the stock market as a place for gambling?
Investing in high-quality business (stock) at the right price and holding them for a reasonable period is the only way for wealth creation.
Written in an easy-to-understand and simple language, this book will guide you on how to select fundamentally strong business, when to buy and sell stocks and above all how to minimize or avoid loss in the stock market.
- How to avoid loss in the stock market?
- Stock Market is NOT risky at all
- First step of picking winning stocks
- How to evaluate management?
- Valuation – It matters much
- When to buy and when to sell
- Do’s and don’ts to avoid loss in the stock market
- How to construct your portfolio?
- Is it required to follow an equity advisor?
- Quick formula for picking winning stocks
- Little bit of myself – Important Lessons to be learnt
The book ends with a small note on “Life is not all about the stock market and money.”
#10. Learn to Earn by Peter Lynch
Mutual-fund superstar Peter Lynch and author John Rothchild explain the basic principles of the stock market and business in an investing guide that will enlighten and entertain anyone who is high-school age or older.
Many investors, including some with substantial portfolios, have only the sketchiest idea of how the stock market works. The reason, say Lynch and Rothchild, is that the basics of investing—the fundamentals of our economic system and what they have to do with the stock market—aren’t taught in school. At a time when individuals have to make important decisions about saving for college and 401(k) retirement funds, this failure to provide a basic education in investing can have tragic consequences.
For those who know what to look for, investment opportunities are everywhere.
The average high-school student is familiar with Nike, Reebok, McDonald’s, the Gap, and the Body Shop. Nearly every teenager in America drinks Coke or Pepsi, but only a very few own shares in either company or even understand how to buy them.
Every student studies American history, but few realize that our country was settled by European colonists financed by public companies in England and Holland—and the basic principles behind public companies haven’t changed in more than three hundred years.
In Learn to Earn, Lynch and Rothchild explain in a style accessible to anyone who is high-school age or older how to read a stock table in the daily newspaper, how to understand a company annual report, and why everyone should pay attention to the stock market. They explain not only how to invest, but also how to think like an investor.
#11. The Clash of Culture
The Clash of Culture: Investment vs. Speculation written by Legendary mutual fund pioneer John C. Bogle and Recommended Reading by Warren Buffet in his March 2013 Letter to Shareholders How speculation has come to dominate investment a hard-hitting look from the creator of the first index fund.
Over the course of his sixty-year career in the mutual fund industry, Vanguard Group founder John C. Bogle has witnessed a massive shift in the culture of the financial sector.
The prudent, value-adding culture of long-term investment has been crowded out by an aggressive, value-destroying culture of short-term speculation. Mr. Bogle has not been merely an eye-witness to these changes, but one of the financial sector s most active participants.
In The Clash of the Cultures, he urges a return to the common sense principles of long-term investing.
Provocative and refreshingly candid, this book discusses Mr. Bogle’s views on the changing culture in the mutual fund industry, how speculation has invaded our national retirement system, the failure of our institutional money managers to effectively participate in corporate governance, and the need for a federal standard of fiduciary duty.
Mr. Bogle recounts the history of the index mutual fund, how he created it, and how exchange-traded index funds have altered its original concept of long-term investing.
He also presents a first-hand history of Wellington Fund, a real-world case study on the success of investment and the failure of speculation. The book concludes with ten simple rules that will help investors meet their financial goals. Here, he presents a common sense strategy that “may not be the best strategy ever devised, but the number of strategies that are worse is infinite.”
The Clash of the Cultures: Investment vs. Speculation completes the trilogy of best-selling books, beginning with Bogle on Investing: The First 50 Years (2001) and Don’t Count on It! (2011).
#12. Value Investing
The final in the list of best investment books. Value Investing: From Graham to Buffett and Beyond.
From the “guru to Wall Street’s gurus” comes the fundamental techniques of value investing and their applications Bruce Greenwald is one of the leading authorities on value investing.
Some of the savviest people on Wall Street have taken his Columbia Business School executive education course on the subject.
Now this dynamic and popular teacher, with some colleagues, reveals the fundamental principles of value investing, the one investment technique that has proven itself consistently over time.
After covering general techniques of value investing, the book proceeds to illustrate their applications through profiles of Warren Buffett, Michael Price, Mario Gabellio, and other successful value investors.
A number of case studies highlight the techniques in practice. Bruce C. N. Greenwald (New York, NY) is the Robert Heilbrunn Professor of Finance and Asset Management at Columbia University.
Judd Kahn, PhD (New York, NY), is a member of Morningside Value Investors. Paul D. Sonkin (New York, NY) is the investment manager of the Hummingbird Value Fund.
Michael van Biema (New York, NY) is an Assistant Professor at the Graduate School of Business, Columbia University.
These 12 best investment books must be read once if you want to invest in stock market and want to earn good profit.
Well known investors of the world suggest to read these books, so I have brought the best books for you so you can either buy them from Amazon or download their e-books.
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