The Top 10 Books On Investing

Become a savvy investor

Everyone wants to know what the number one book on investing is. There is a clear link between the books an investor has read and their resulting investment style. Whether it is Warren Buffet or Julian Robertson, each has commented several times about the tremendous influence certain books and personalities have had on their investing success. Their books will become your best companions.

“Knowledge is Power,” Sir Francis Bacon

1) The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)

Warren Buffett has been quoted as saying that this is “by far the best book ever written.” Any of us would be foolish not to consider educating ourselves with the book that has made Buffet one of the greatest investors of all time. Learn how to discover undervalued stocks, make intelligent investments and keep a low risk portfolio. Graham coaches future investors on how to develop a sound plan for buying stocks and bonds, and how to counter the unexpected ups and downs of the bull and bear markets.

Great for: Stock Guru, New Money, MarketMaker, Oracle

2) One Up On Wall Street : How To Use What You Already Know To Make Money In The Market By Peter Lynch

 

Peter Lynch is one of America’s premier stock investors. Time magazine even called him, “the #1 money manager.” In his book he lists twenty companies from the 90’s and includes his perspective on Internet stocks and their rise to prominence. Furthermore, he evaluates ways of observing everything from your own workplace to recent developments around you that may tell you about potential future investments before others realize. Lynch, who managed a multi-billion dollar fund, explains his success and provides a guide with simple steps to follow in order to review those complicated financial numbers effectively. His book is a perfect guide for long-term advice, self-improvement, and provides helpful techniques to reap great rewards.

Great for: Greenhorn, Rising Star, Stock Guru, New Money, MarketMaker, Oracle

3) The Essays of Warren Buffett : Lessons for Corporate America by Warren Buffett & Lawrence Cunningham

This book contains the definitive work of the great man himself as he explains his intelligent investment philosophy. It contains a collection of letters to shareholders of Berkshire Hathaway that provide a first-hand informational source like no other. Buffet establishes sound business practices that allow investors to use as a platform for disciplined investing. The book is a perfect read for understanding over 40 years of wisdom and Buffett’s opinion on which direction to steer your investing career in.

Great for: Stock Guru, New Money, MarketMaker, Oracle

4) The Guru Investor: How to Beat the Market Using History’s Best Investment Strategies by John Reese

John Reese explains in a simple and easy-to-read format, how to find an investment strategy that works for you. He covers a variety of styles from investment gurus such as Warren Buffett; John Neff and Peter Lynch. He even takes it one step further by providing sound methods of combining multiple styles to provide you with a disciplined investing strategy and outperform your competitors.

Great for: Greenhorn, Rising Star, Stock Guru, New Money, MarketMaker, Oracle

5) Trading in the Zone by Mark Douglas

Have you got the right mindset for successful investing? Mark Douglas focuses on explaining the psychology of successful investors and traders. He delves into the way that an aspiring or thriving investor needs to think and provides room for self-reflection and constant improvement. Upon reading the book, he immediately states that readers need to “completely accept the psychological realities of trading.” Douglas’ book is a must-read for anyone looking for a new scope for improvement and to help deal with the volatility inherent to the world of investing.

Great for: Greenhorn, Rising Star, Stock Guru, New Money, MarketMaker, Oracle

6) The Neatest Little Guide to Stock Market Investing by Jason Kelly

Beginners of stock investing pay attention! This book shall give you an overlay of all types of investment strategies to get you from a Greenhorn to Oracle status.How do you create and enhance a profitable and timely investment program? Kelly provides a modern and up-to-date guide for beginners to intermediate investors on how to set yourself a clear program. If you are looking for advice related to investing after the recent economic crash then this book contains the strategies that are most likely to succeed in this type of climate. In addition, if you feel like you are not keeping pace with the current market, then this might be the read that brings you up to speed.

Great for: Greenhorn, Rising Star, Stock Guru, New Money

7) How to Make Money in Stocks: A Winning System in Good Times and Bad by William O’Neill

William O’Neill explains his powerful ‘Can Slim® Investing System’. In it, he provides a 7-part process in order for you to make the most gains and lowest losses that you can. He provides helpful tips and explains a multitude of charts so that you can find the profitable trends to help you decide what to invest in. If you feel you need to find out what common mistakes you need to avoid, and would like a sound system to try out, then this is one of the best books to read.

Great for: Rising Star, Stock Guru, New Money, MarketMaker

8) What Works on Wall Street, Fourth Edition: The Classic Guide to the Best-Performing Investment Strategies of All Time by James O’Shaughnessy

Shaughnessy takes an inside look into which strategies over the last 40 years could still take anyone from zero to hero. He explains his in-depth analysis of stock market data and how well 15 common investment tactics have been successful. Anyone who is looking for insight into what tactics had been successful in the past, or who fancies an interesting history lesson regarding stock investing, will enjoy this read by Shaughnessy’s book.

Great for: Stock Guru, New Money, MarketMaker, Oracle

9) Jim Cramer’s Mad Money: Watch TV, Get Rich by James Cramer

The host of the most beloved financial television program provides an in depth analysis on successful investing strategies and what information about stocks can make the key differences. Cramer is described as a leader for middle-class investors and in his book, he runs through the key decisions they need to make and think about. His style is very easy to read and he provides basic and valuable information which beginner investors can easily use and follow. The book also has excellent interviews with a variety of CFOs and CEOs which give another insight into how people make their investment decisions. It is a high quality read for anyone starting out and anyone who has seen and loves his entertaining and informative TV show.

Great for: Greenhorn, Rising Star, Stock Guru

10) A Random Walk Down Wall Street by Burton Malkiel

Malkiel proves in his book the value of investing in index funds in contrast to trying to make gains on securities of managed mutual funds. It is a great and in-depth analysis of why a range of index funds perform better than a managed portfolio in the long run and how to avoid expensive fees that decrease your long run returns through compounding. He analyzes complex investment strategies and various tools for profitable investments. Lastly, he provides a new-outlook on IRAs, REITs, tax-exempt fund for experienced investors as well as a host of other techniques to evaluate the important balance between risk and reward in investing.

Great for: New Money, MarketMaker, Oracle

We hope that this investing books list will help you choose which book to pick up next. Let your investment style be influenced for the better. Remember to use these books in conjunction with the WealthLift education pages in order to get to the top of the leader board. Happy investing!

Your first step to big profits is to having a great, low cost online brokerage. I personally use Ally Invest and they are AWESOME! They offer low prices and great support with the best online trading platform.

Unfortunately Ally Invest is US only. TradeStation is the best online brokerage for Traders outside US.

Sharing is Caring: Share on Facebook5Tweet about this on TwitterShare on LinkedIn0Pin on Pinterest4

One thought on “The Top 10 Books On Investing”

  1. “The small stock trader” by Mika is also a small unique book that covers almost all the major stock market topics such as the traits of a successful small stock trader, how to choose a few simple focus stocks, market sentiment and industry, fundamental analysis, technical analysis, short selling, your edge and competition, catalysts that move the stock prices, stock trading plan, discipline, risk management and psychology. It is a simple book of about 100 small-sized pages (more like a collection of tips, perhaps 4-5 hours read), but it will answer many of your questions, so, it is a great book to start (no need to mention that about 90% of your lessons you are going to learn from your own experience/mistakes). It is also a fun-to-read book, as it is accompanied by a few jokes and observations from poker, intelligence world, relationships, happiness, Zen, and psychology.

Leave a Reply

Your email address will not be published. Required fields are marked *

*