The must read books for financial investors, in order of recommendations, from the world’s top hedge fund managers, investors, and institutions.
The Intelligent Investor by Benjamin Graham
First published in 1949, Benjamin Graham’s classic The Intelligent Investor has impacted generations of investors . He was a legendary investor himself and best known as the Mentor of Warren Buffett. Warren Buffet has said about The Intelligent Investor, “By far the best book on investing ever written.”
You Can Be A Stock Market Genius by Joel Greenblatt
Michael Burry, David Einhorn, Dan Loeb, Bill Ackman, and Seth Klarman have all recommended You Can Be A Stock Market Genius. This book is considered as one of the most comprehensive and partial guide to stock market. While not a hidden gem, it’s fair to say the book has gone under the radar with a ranking of #79 in Amazon’s finance section.
The Essays Of Warren Buffett
Coming in at #3 on the best investing book of all time is Warren Buffett’s annual letters. Buffet – the chairman and CEO of Berkshire Hathaway and the third richest person in the world has shared his wisdom and methods for over 30 years in his letters to shareholders of Berkshire Hathaway.
Security Analysis by benjamin Graham
The first proponent of value investing, Benjamin Graham’s first book Security Analysis comes in at #4 on the best investing books of all time. Warren Buffett, who also wrote the forward, is quoted on the back cover saying, “A road map for investing that I have now been following for 57 years.”
Reminiscences Of A Stock Operator by Edwin Lefevre
Written in 1923, Edwin Lefevre class Reminiscences Of A Stock Operator comes in at #5. This book is a fictionalized biography of one of the greatest investors of the time Jesse Livermore.
The Money Masters Of Our Time by John Train
The classic The Money Masters by John Train was tied for 5th as the most recommended book. The book describes the way very successful investors operated in the market. While popular among hedge fund managers, The money masters is ranked only #2,584 in Amazon finance section.
The Warren Buffett Way by Robert Hagstrom
What’s unique about The Warren Buffett Way is that it dives deep into the actually strategies Warren Buffett has used to succeed. It’s the definitive book on his strategies from an outsider’s point of view.
Margin Of Safety by Seth Klarman
In Market Wizards, Jack D. Schwager interviews 16 “Wizards” of the day to distill the traits which make them successful. The format of introduction to the interviewee, the edited transcript of the interview, followed by a brief summary, makes Market Wizard a must read.
Darrent is a digital marketer, tech enthusiast & blogger.