Best investing books for beginners
The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide.Graham's philosophy of "value investing" -- which shields investors from substantial errorand teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949.
Over the years, market developments have proven the wisdom of Graham's strategies.
Vital and indispensable, this bookis considered the most importantbook you will ever read on how to reach your financial goals.
The definitive book on Warren Buffett's views on everything from investing to management,this is the classic curated collection of his famous shareholderletters, masterfully arranged according to topic by long-time Buffett expert, Lawrence Cunningham.
Buffett's approach, which hinges not on investing in stocks but investing in businesses behind them,is suited for new investors who are ready to play the long game with their portfolios.
If you're interested in learning more about the Berkshire Hathaway CEO's approach to investingor how it's enabled him to be so successful over the years,this essay collection sums it all up in one compact volume.
Malkiel examines some popular investing techniques,including technical analysis and fundamental analysis,in light of academic research studies of these methods.Through detailed analysis, he notes significant flawsin both techniques, concluding that, for most investors,following these methods will produce inferior results compared to passive strategies.
With 1.5 million copies sold, A Random Walk Down Wall Street has long been established asthe first book to purchase when starting a portfolio.In addition to covering the full range of investment opportunities, the book features new material onthe Great Recession and the global credit crisis as well as an increased focus on thelong-term potential of emerging markets. With a new supplementthat tackles the increasingly complex world of derivatives, along withthe book’s classic life-cycle guide to investing, A Random Walk Down Wall Street remainsone of the best investment guide money can buy.
A classic memoir, "Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and MiddleClass Do Not!" has remained one of the most influential personal finance and investing books since it wasfirst published over 20 years ago. In it, author Robert Kiyosaki shares his story of growing up with"two dads"—his real father and his best friend's father, or his "rich dad"—and how both men influencedKiyosaki's views on investing.Robert Kiyosaki has challenged and changed the way tens of millions of people aroundthe world think about money. With perspectives that often contradict conventional wisdom,Robert has earned a reputation for straight talk, irreverence, and courage. He is regardedworldwide as a passionate advocate for financial education.
Although this book is fictional, it is quite inspirational and worth reading.