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Best Books on Investing Ever Written

Investing is something that everyone should learn, but not everyone knows where to go for the knowledge they need. This list of the best books on investing will help.

By Riley Raul ReesePublished 6 years ago 5 min read
Top Story - February 2018

Investing is regularly cited as the best way to make money without having to spend hours of your days doing backbreaking work. It's all about making your money work for you—and truthfully, it's one of the best ways to ensure that you have a great retirement vehicle for your old age.

The hardest part about starting to invest your money is figuring out an investment strategy. Or, rather, it's learning how to invest so that you don't lose everything you put in.

Finding that knowledge used to be incredibly difficult unless you had connections to Wall Street. Millions of books will tell you a million different ideas, and not all the advice you get is decent.

To help you on your way, we compiled the best books on investing ever written. These are time-tested texts that offer serious knowledge that launched millions to success.

One of the best books on investing was written by Burton G. Malkiel, a former employee of Vanguard and a major player on the Council of Economic Advisers. He's worked for Prudential and just about every other big bank you could imagine.

Needless to say, his book is a favorite among aspiring Wall Street advisors who want to make a difference in their returns. A Random Walk Down Wall Street is one of the best books for people who want to learn how to invest for the long-term and take a traditional route that will pay off easily.

Warren Buffett is one of the most famous investors to ever live, and regularly gets called one of the best investors in history. People check out the stocks this billionaire owns in order to determine which stocks would bring value to them.

He's the guy people go to for investment advice, and that's why you need to listen when he called The Intelligent Investor, "By far the best book on investing ever written."

Buffett went further to say that Chapters 8 and 20, in particular, were crucial to anyone who wants to invest like him. Other major names who swear by this book include hedge fund managers like Bill Ackman and Seth Klarman.

If the A-list endorsements aren't enough to sway you, what really should impress you is the fact that The Intelligent Investor stood the test of time. It's been a favorite since 1949.

You Can Be a Stock Market Genius is one of those books that sounds like it could be a cheap twist, but really isn't. In fact, most hedge fund managers will tell you it's one of the best books on investing ever written because of how simple it makes the inner workings of the stock market.

Joel Greenblatt has been beating the market year after year, and also happens to be the CEO of Gotham Capital. So, it's pretty clear that he knows what he's doing. Now, he's giving you the chance to learn how his mind works.

As many people already know, major banks and hedge funds fail. One of the most devastating moments in stock market history occurred when Long Term Capital Management failed.

Long Terms Capital Management was a $100 BILLION-dollar hedge fund led by the smartest men on Wall Street. The collapse became a cautionary tale that still makes hedge fund managers shake in their shoes.

When Genius Failed is one of the best books on investment management ever written, primarily because it pulls apart all the different issues the fund had that caused it to break.

This story was the canary that would later signal the financial crisis of the mid-2000s that would shutter major banks like Lehman Brothers. Even if you're not into Wall Street, this is a major page-turner.

Ray Dalio is the CEO of Bridgewater Associates, one of the most successful hedge funds in Wall Street history. Dalio's entire business approach and insights into life is in Principles.

This isn't just one of the best books on investing ever written; it's one of the smartest business management books you can ever grab. Much like others on this list, it's a must-have for any aspiring finance professional and the individual investor too.

Like other authors on this list, Peter Lynch was a Wall Street guy who was able to help people get returns as high as 29 percent per year. John Rothchild, the co-author, is a known heavy hitter in the finance world—and that should tell you volumes.

One Up on Wall Street takes a very common sense approach to investing, and that's precisely what makes it one of the best books on investing you can buy. Simply put, Lynch shows the common person how to find a "tenbagger," or a stock that appreciates tenfold.

Believe it or not, you probably know a tenbagger; you just haven't invested in them yet.

Another Warren Buffett-approved author is Phillip Fisher—the guy who wrote Common Stocks and Uncommon Profits. It's often hailed as one of the best books on investing for individuals who want to start trying their hand at trading stocks like a pro.

Fisher has been one of the most influential people in the world finance district for decades, and much of his advice is considered to be gospel. Common Stocks and Uncommon Profits is one of those books that people who are finance majors in college read because it's so good.

Though this book was published decades ago, it remains a favorite among anyone who really cares about investing money.

Perhaps the only book that can stand up to The Intelligent Investor is Graham's followup book, Security Analysis. This book is an extremely detailed account on how to mitigate the risks that come with investing and regularly gets cited as genius for its methods.

If you're really serious on avoiding loss, then you'll find Graham's timeless advice to be precious as gold. Unsurprisingly, hedge fund managers call this one of the best books on investing ever written.

If you have ever read old history about stock markets, you may be aware of the name Jesse Livermore. Livermore was one of the first men to do one of the greatest stock trades ever made—and shorted the market so badly, it helped contribute to one of the biggest stock market crashes in history.

Edwin Lefevre took Livermore's story and fictionalized it in this strikingly intelligent biography. The lessons he imparts on those who are willing to listen are brilliant, all while he delivers a page-turning novel that'll make you wish you could have seen the turn of the century, too.

Market Wizards isn't just one of the best books on investing out there; it's a great glimpse into the kind of mentality that one cultivates in the world of Wall Street. Schwager's interviews give you amazing investing advice, intelligent career advice, and some of the best insights you'll ever find about life as a whole.

Schwager's interviews show that the right mindset, mixed with the right methodology, is all you need to win at the stock market game. Needless to say, everyone could use to read this book at least once or twice in their lives.


About the Creator

Riley Raul Reese

Riley Reese is comic book fanatic who loves anything that has to do with science-fiction, anime, action movies, and Monster Energy drink.

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