This should be one of the first stock market books any investor or trader should read.
One up on Wall Street: How to use what you already know to make money in the market is one of the most accessible stock investing books around. Peter Lynch managed some of the top performing mutual funds during the 1970s and 1980s.
Warren Buffett rates The Intelligent Investor as one of his best investing books ever written – if not the best. Benjamin Graham, who is often referred to as the father of value investing, wrote Security Analysis in 1934 and The Intelligent Investor in 1949.
Some of the most valuable investment books offer practical, common sense advice on investing. That is exactly what Common Stocks and Uncommon Profits seeks to do. Philip Fisher was a successful money manager who ran his own firm from 1931 to 1999. First published in 1958, his book is just as relevant today as it was in the 1950s.
The simplest way to start investing is by investing in exchange traded funds (ETFs). When you get started with ETF investing, the best investing book you can read is The Little Book of Common Sense Investing:
Fooled by Randomness is one of the best investing books that isn’t really about investing. The author, Nassim Taleb popularized the term black swan, in his next book, The Black Swan – but many regard this book as a better book for investors
Burton Malkiel wrote this book in 1973 and it remains a classic amongst investment books. In fact, in 2019 the 12th edition of the book was published. A Random Walk Down Wall Street busts popular investing myths by showing that price movements are mostly random.
If you want to learn about behavioral finance, Thinking Fast and Slow is one of the best investing books you can read. Daniel Kahneman is a leading mind in the field of behavioral economics and decision making. In 2002 he won the Nobel Memorial Prize in Economic Sciences for his work on prospect theory.
The Behavior Gap is both a personal finance book and a book on behavioral finance. Carl Richards is a financial planner and wrote the book to highlight the mistakes people make with their personal finances. While not exactly an investment book, it does a good job of illustrating the way investors sabotage their own investment.
Rich Dad Poor Dad is a book about making your money work for you. It’s partly about investing and party about the way we think about money and wealth. Kiyosaki uses the analogy of two people, one rich and one poor, and the way they approach spending, saving, and investing. In the book, Kiyosaki explains that poor people work for money, while wealthy people make money work for them.
Charlie Munger has been Warren Buffett’s partner at Berkshire Hathaway since 1975. Both men have become well known for the wisdom they impart about investing and life. This book is a collection of 11 speeches that Munger gave over a 30-year period.
Jack Schwager has written four Market Wizards books over the last few decades, with a fifth due to be released in November 2020. Each book in the series consists of a set of interviews with a diverse group of fund managers and traders. Schwager has also written several other technical analysis and trading books.