This page is perfect for those who wants to start investing or reinforce their knowledge about the topic. This is a curated list of all investment books I’ve read and a selection of the best ones for beginners. Have in mind that, by “beginner” I mean someone who knows almost nothing about investing and just keep their money into savings/checking accounts.
You can just follow this reading list in order, my intent is to save you time on researching. There’s no need to keep searching about the best books to start investing. I’ll review this overall recommendation often so that the list is always up to date.
These are all personal opinions, what is good for me, may not be good for someone else. Also, as of now the list is short but I’ll be adding more soon so here it is:
The best investment book for beginners
The Little Book That Still Beats the Market
Classification: Very Good
Comment: Great book that covers the basics of how to invest and how to pick good companies at a good price.
Very easy to follow, therefore great recommendation for those starting out in the stock market.
The Intelligent Investor
Classification: Very Good
Comment: Also a really good as an introduction to value investing but I would first still read the ones above before getting into the intelligent investor. The reason is because this book was written a long time ago so even though it is perfect for beginners, the way it is written makes is difficult to understand at first.
I’ve read it twice and the fundamentals are so solid that I still see myself coming back from time to time to check something.
Additional readings for investors
100 Baggers: Stocks That Return 100-to-1 and How To Find Them
Author: Christopher W Mayer
Classification: Good
Comment: This is a study on stocks that obtained 100x results and the process to discover them. I liked because the author breaks down in details the steps to find them and a few basic indicators that we can analyze. Some of these concepts I had also read in The Intelligent Investor so it was good to recap.
The study was created based on past similar researches so it kind of confirm a few hypothesis. We know there’s no magical formula for 100 baggers but still the methods used are simple and easy to follow. Good and suggested reading to everyone. Those just starting with investments may get a little bit lost here and there but still it’s not a big issue and you should be able to understand the most important takeaways from the book.
If we want to learn and get better at something, reading may be an essential step on this process. The more we read, the more information we are able to retain and, therefore, reinforcing our foundations on that topic. Since investing is all about making calculated risks and, for me, a long term game, I want to be able to recognize the mistakes I make throughout my life so that I can avoid them in the future. I believe those investment books will help me within this process.