Although there are tons of websites and millions of books on the topic ‘investment’, however for beginners (and sometimes even for seasoned investors), it’s really hard to find a decent book that can build good fundamental knowledge on the investment basics.
Whether you’re a finance professional looking to up your game or an amateur investor who prefers to be more hands-on with your investments, we’ve got you covered with our Investment Books for Beginners.
Here are the Five best investing books from respected industry professionals, as well as the occasional beginner’s guides to get you started on the right track.
A Random Walk Down Wall Street- By Burton G Malkiel
In today’s daunting investment landscape, the need for Burton G. Malkiel’s reassuring, authoritative, and perennially best-selling guide to investing is stronger than ever. A Random Walk Down Wall Street has long been established as the first book to purchase when starting a portfolio. This new edition features fresh material on exchange-traded funds and investment opportunities in emerging markets; a brand-new chapter on “smart beta” funds, the newest marketing gimmick of the investment management industry; and a new supplement that tackles the increasingly complex world of derivatives.
The Little Book That Beats the Market- By Joel Greenblat & Andrew Tobias
In 2005, Joel Greenblatt published a book that is already considered one of the classics of finance literature. In The Little Book that Beats the Market—a New York Times bestseller with 300,000 copies in print—Greenblatt explained how investors can outperform the popular market averages by simply and systematically applying a formula that seeks out good businesses when they are available at bargain prices. Now, with a new Introduction and Afterword for 2010, The Little Book that Still Beats the Market updates and expands upon the research findings from the original book. Included are data and analyses covering the recent financial crisis and model performance through the end of 2009. In a straightforward and accessible style, the book explores the basic principles of successful stock market investing and then reveals the author’s time-tested formula that makes buying above-average companies at below-average prices automatic.
One Up on Wall Street- By Lynch
Penned by the famous mutual-fund manager, Peter Lynch, this book elaborates the many advantages that an average investor has over professionals and how they can help them reach financial triumph.
How To Use What You Already Know To Make Money in The Market explains how your knowledge alone can assist you to beat the pros of investing. From the viewpoint of America’s most triumphant money manager, investment chances are extensively accessible. Whether supermarket or workplace, you can find goods and services everywhere. You have to select these organizations in which to invest before they are found by skilled analysts. You will find more interesting knowledge on investment. Thus the book has become one of the best sellers and treasures among readers. Moreover, this book provides timeless recommendations on the money business. This book has discussed the tips, ebb, and flows on building it big in the investment market.
The Little Book of Common Sense Investing- By John C Bogle
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.
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While the stock market has tumbled and then soared since the first edition of Little Book of Common Sense 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.
The Intelligent Investor- By Benjamin Graham
It is a widely acclaimed book by Benjamin Graham on value investing. Written by one of the greatest investment advisers of the twentieth century, the book aims at preventing potential investors from substantial errors and also teaches them strategies to achieve long-term investment goals.
Over the years, the investment market has been following the teachings and strategies of Graham for growth and development. In the book, Graham has explained various principles and strategies for investing safely and successfully without taking bigger risks. Modern-day investors still continue to use his proven and well-executed techniques for value investment.
The current edition highlights some of the important concepts that are useful for the latest financial orders and plans.