Tuesday, November 12, 2013
Top Investment Books For All Investors
Hundreds of new investment books are published annually. Some of these books tell you that you can use them to get rich quick by investing a certain way. Other books claim to be packed with principles that have been around for ages, that are "tried and true." Some books tell you how to play the market right now, and others tell you how to play the market in the long run. Some of these books are written by famously successful investors, and others are written by investors you have never heard of; sometimes, you have never heard of them for a reason. With so many options out there each year, it begs the question: Which books are the right books? The answer to that question is simple: forget about the books published recently, and go back to the ones that have stood the test of time. While there are surely books from the last few years that could help you, it is absolutely vital that you lay a foundation with books that the passing of time has proven to be invaluable. It does not matter if you are a new investor or someone who has been doing this for years; all three of these books are loaded with advice and wisdom that will help you. 1) The Intelligent Investor: This book by Ben Graham was published in 1934, and it is still considered a must-read for every investor. In fact, Warren Buffett has called this book "the best investing book ever written." 2) The Essays Of Warren Buffett: And speaking of Warren Buffett, this book contains his collected essays, arranged by topic and relevance. While you certainly cannot go wrong reading Buffett's thoughts on investing, this book is a great starting point, as it will help you in every area of investing. 3) Common Stocks And Uncommon Profits & Other Writings: Philip Fisher wrote this excellent collection of the fifteen qualities of an excellent business. These in-depth thoughts from one of the greatest financial thinkers in history is sure to help you expand your portfolio. Many people consider to the stock market to be something a lot like gambling, and they think anyone who makes money at it is just plain lucky, but by following the tips of these men who knew how to make the market work for them, you can start to do the same yourself.
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