Best Books for Investing
One Up on Wall Street by John Rothchild and Peter Lynch
Lynch reveals how his amateur investing has to lead to him becoming one of the most successful investors of all time. He explains how it’s extremely common for people to be put off investing thinking that they do not stand a chance amongst the professionals. He wants to help these people see they are wrong and learn how to overcome this worry. He gives incredible strategies on how you can do as well or better than professional investors. He also gives warnings about stocks and explains them in a simple and straightforward way to readers.
The Little Book of Common Sense Investing by John C. Bogle
Bogle gives a straightforward and simple guide to becoming a good investor. He gives helpful advice and strategies on how to become smarter in the market. He shares the investment strategy that he’s used for building wealth over a longer time period. By buying and holding at a very low cost. He focuses on long term perspectives and ideas when it comes to investing. And always has the end goal in sight. This book gets back to the basics of investing then helps you build on this as it progresses.
A Random walk down Wall Street: Including a Life-Cycle Guide to Personal Investing by Burton Malkiel
Malkiel gives a controversial approach to explaining investing in his book. He confronts what he considers delusions on the Wall Street crowd and questions common conceptions about investing. He aims to give a different perspective and helps people to think for themselves. He claims that the greatest investors will think for themeselves and not let other influence them. And how a ammateur investor can easily be more successful in investing that a professional. He believes that it’s more about risk-taking and character than it is about knowledge when it comes to investing. An ultimately, no’one knows 100% which way the market will go.
Common Stocks and Uncommon Profits by Philip Fisher
Fisher has created a checklist of 15 great checklist points to choosing what you invest your money in. Such as depth in management, keeping the profit margin, efficient R&D and above-average sales organisation, to name a few. He believes that a good investment must tick most of these boxes. But also advocates that you should independently decide what’s the most important boxes to tick off this checklist for you. And this will all depend on your personal preferences, many people will lean just towards the financial aspects and others will focus more on cultural aspects. Also, he explains how you don’t have to be a professional investor to know what’s best.
How to Make Money in Stocks by William O’Neil
If you’re thinking about investing in stocks and you’ve never done it before, this books for you. He talks about the many different characteristics that you should look for in a stock. Such as currently quarterly earnings and sales, annual earnings increases, new products management or conditions and supply and demand. He talks about the best-performing stocks and studies the characteristics they follow to prove his method of investing. He’ll help you to identify the best business/stocks in the market.