The Investing books you should read!
Too often, I see people doing anything with their money. They invest on the latest crypto currency, follow advices of Instagram’s influencer even buy a training to become a trader, totally overpriced.
Obviously, as you might expect, the outcome is rarely glorious. It may sound crazy but there isn’t a week that goes by that I don’t see a story about it. I created stockholder.me to show there is another way.
What saddens me is that if these people would invest twenty dollars to buy a book from any top investor instead of going headlong into it, they would save tons of money and time.
You might think it’s non sense to buy books – which sometimes have been published decades ago – while we can find thousands of videos talking of the same subject on YouTube.
I will tell you my thought : I am not a big fan of Youtube when it comes to investing. Of course you can find a few good channels but the thing is that the vast majority are just trying to make you click, have redundant information they just copy from others and poor quality content. At the end of the day you just spend hours for information you already knew before starting the video. Even worse, you find contradictive information that won’t help you, except confuse you.
I am not saying books are perfect: it also time consuming, the content is often biased on the author’s side, you have better books than others… . However, many of them are written by top-notch invetors who have proven beating the markets years after years, you will get the full picture and not just bites of information and for me, it is much easier to gain knowledge by reading than watching video.
If you are not yet convinced on investing a few bucks in high quality content and before I reveal my reading list, let me share with you a quote from a certain Warren Buffet.
Investing in yourself is the best thing you can do. Anything that improves your own talents.
– Warren Buffet –
Investing books I read or ongoing
- The Little Book of Common Sense Investing – John C. Boggle
- The Little Book That Builds Wealth – Pat Dorsey
- The Little Book That Still Beats the Market – Joel Greenblatt
- The Little Book of Valuation – Aswath Damodaran
- Understanding stocks – Michael Sincere
Bought but not read yet
- The Psychology of Money – Morgan Housel
- One up on Wall Street – Peter Lynch
- The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market – Tobias Carlisle
- The Dhandho Investor: The Low-Risk Value Method to High Returns – Mohnish Pabrai
- Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger – Peter D. Kaufman
- Buy now, The Ultimate Guide to Owning and Investing in Property – Lloyd Edge
- 23 properties by 30 – Faizul Ridzuan
If you have limited time or you are just starting your investor journey, this is my short list of my favourite books.