Several people have asked me this and I’ve always told them the same thing; there is not any single book I would recommend for Stock Market Investing. I have read numerous ones on and relating to Stock Investing and I have learned a lot from them.
The following books are a “must read” for those investing or trading in the stock markets. These books contain valuable lessons which will both help minimise risk as well as increase returns. If I’ve left out any book do add it as a comment.
Remember, you need to make a habit of reading if you really want to stand in the stock market by your own. Every day in and day out, you need to read articles, annual reports, and most important, Investing Books to grab the mind of great Investors.
Look. Warren Buffett spends 80% of his day reading and he’s the most successful Investor of all time. So swear to god that you’ll spend more time on reading instead of following other’s advice.
Apart from Ebooks, I also have all the PDFs of Berkshire Hathaway Annual Letters. Even I have PDF files of Annual Reports of many companies. It’s a one stage device to boost up your reading habit.
That’s what I like about this device. Consider reading all the specification of this device from Amazon Kindle page.
SO finally, Based on my reading and experience, below are some books that I would suggest to anyone asking me about Stock Market.
My personal opinion: This is my all time favorite. This book has also qualified for the Amazon Best Reads List – June’16. This book what made me understand the crux of value investing and spread a great message of how money makes money.
What people are saying (outsourced from Amazon)
The content of the book is fantastic, while the quality of the mass-market paperback edition is pathetic. Nothing more than a book sold in the roadside worth Rs. 100.
Value investing and behavioral finance: Insights into Indian Stock Market Realities (by Parag Parikh)
My personal opinion: I will be no bad if I say it an Indian version of “Intelligent investor”. I save a penny to buy this book. This is a must read for stock brokers, bankers, lay investors, portfolio manager, fund manager, and students of finance.
What people are saying (outsourced from Amazon)
The content of the book is fantastic, while the quality of the mass-market paperback edition is pathetic. Nothing more than a book sold in the roadside worth Rs. 100.
A wonderful book to read for all youngsters, those who wish to make a difference in their thinking process in terms of financial success.
What people are saying (outsourced from Amazon)
The content of the book is fantastic, while the quality of the mass-market paperback edition is pathetic. Nothing more than a book sold in the roadside worth Rs. 100.
A wonderful book to read for all youngsters, those who wish to make a difference in their thinking process in terms of financial success.
My personal opinion: Still I’m finding this book to read. Also tried to buy this book on Amazon but not in stock. Contact me personally if you can endorse this book to me. I read summary and reviews of others on this book and find it interesting. He made the value investing simple by just following ROCE and ROE matrix.
Popular post: A simple strategy to cultivate +15% risk-free return from stock market
“Simply perfect. One of the most important investment books of the last 50 years!”
(Michael Price)
“This book is the finest simple distillation of modern value investing principles ever written. It should be mandatory reading for all serious investors from the fourth grade on up.” (Professor Bruce Greenwald, Director of the Heilbrunn Center)
- My personal opinion: This book is recommended by Warren Buffett which was the sole reason I read it but is cautious, don’t read it until and unless you’ve basic knowledge of stock market. Otherwise, read other books and then target this book. It is a detailed version with several wisdom quotes that are likely to change one’s investing career and lead to the path of financial safety and security.
What people are saying (outsourced from Amazon)
I don’t think I should say anything. Reviewing this book will be like “chota muh and badi baat”:) This book is a timeless classic which ANY investor should read. This book is not about strategies, it’s a book that lays down certain PRINCIPLES. I consider it my fortune to be able to read this book as an investment adviser & I recommend it to all my clients. One should make a practice of reading this book 10-15 pages daily (not more than that), to imbibe the message rather than going for a full read (note that it’s an investment classic, not a Chetan Bhagat novel:)….And one should read it again and again for the principles to sink…..In short, if you have not read this book, you don’t know investing!
My personal opinion: This book is also on my list of “books to read”. Maybe the next read will be this book. I find it suggested by many great investors and also reviews on this books are in favor. It contains many technical jargons so furnish your stock market-related vocabulary before giving it a try.What people are saying (outsourced from Amazon)
A true classic. Though quite an old book, this is a must for anyone investing in stocks. The way Fisher invested in companies and held them for a really long time is simply an amazing strategy. But the efforts Fisher took before buying stocks are also amazing. Investors and students of finance should not miss this masterpiece.
My personal opinion: One day I was just searching a meaning of “loss aversion” on Google. Accidentally came across this book on Google books. This grown my curiosity and one by one started swallowing the whole book. This impressed me a lot that I messaged the author personally for such a great contribution. Respect to his humbleness, he replied “”What people are saying (outsourced from Amazon)
I just want to share one quote from this book “if you’re unwilling to take a position so bold that it can embarrass you if it fails, it’s correspondingly impossible to take a position that can make a real difference if it works out well”
The Tao of Warren Buffett (by Mary Buffett)
My personal opinion: This is the first book ever I confronted in my life. This becomes a source of income to dig more into the topic. This doesn’t contain anything new than other books. It’s just a summarized way of Warren investing strategies explained each on one page.
What people are saying (outsourced from Amazon)
It’s a great book to read on how things work in the finance world and how to succeed. Though some of the ideas are repetitive and appears somewhat pithy,it’s a great book to give as a gift to finance enthusiasts.
My personal opinion: This is not named after any individual author instead named after CNBC TV 18. Hats off! to their effort put together in this wonderful book. It is a great read for beginners. Doesn’t contain any deep knowledge but still suggested to beginners.What people are saying (outsourced from Amazon)
One of the best book for small investors. This book throws light on the stock market and its fundamentals. Everyone can easily acquire knowledge on fundamentals of the stock market and avoid mistakes.Everyone must read this book before investing in stock market.
How to Avoid Loss and Earn Consistently in the Stock Market: An Easy-To-Understand and Practical Guide for Every Investor (by Prasenjit Paul)
My personal opinion: My long bow to Prasenjit contribution in this small book. Great effort to summarize almost every topic in this just a single book. crystal clear and clearing lot of aspects especially for beginners.
- What people are saying (outsourced from Amazon)
- Rich Dad Poor Dad (by Robert T. Kiyosaki)
- The Intelligent Investor (by Benjamin Graham)
One of the best book for small investors. This book throws light on the stock market and its fundamentals. Everyone can easily acquire knowledge on fundamentals of the stock market and avoid mistakes.Everyone must read this book before investing in stock market.
Important Note :-
Keep all the books on one side and Rich Dad Poor Dad on other. Must read this book. This book is key to understand how money works and what rich people do that poor doesn’t.It doesn’t specifically talk about the stock market but still a must read the book. It doesn’t matter whether you’re layman or professional.
Important Disclosure :-
2 books from the above list are featured on Amazon Best read for June.Featured books for this month are available at 50% discount. Don’t miss the opportunity. They are segregated on the basis of best-selling books in past.
I bet that after reading all the books in a prescribed manner will yield you more than enough knowledge. Even make you more capable of investing in market wisely..
If you know any book in your mind (and not cited in the answer) please notify in comments. I would like to read and share it with others.
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