Best Stock Market and Investment Books

The stock market is one of the elements that keep the pulse of the markets/economy. Millions of stocks are bought and sold every day, and while some make a huge fortune with their stock market investments, others lose astonishing figures. You see, stock market investing is a risky business and requires solid knowledge.

The Internet offers the easiest and most effortless way to access information for those who want to learn about investment, as it does in every other subject. However, those who need a historical perspective or much more detailed analysis should read the classic investment books.

In our article, we have listed the best stock market, investment, money management and economics books that we think will guide anyone who wants to increase their investment knowledge or skills. Thanks to these books, you will get detailed information about the basic concepts of the risky and volatile stock market, you will learn how to make your investments confidently, how to avoid big risks with the working system of stocks and how to develop a solid portfolio.

Moreover, you will find valuable information that you can use to develop profitable investment strategies, and you will benefit from this information in creating the most accurate investment strategy for your unique goals and needs. What is Investment? How Can I Invest?

Each of the stock market books that make up our list should definitely be in the library of investment experts who have given years to this business as well as those who are new to investing. Remember, these books will increase your investment acumen and help you achieve your long-term investment goals.

So let’s get started right away.

Investment Books You Must Read

1) The Smart Investor (1949) – Benjamin Graham

Considered the father of value investing, Benjamin Graham’s The Intelligent Investor book has been a guide to many investors, including his most famous student, Warren Buffett. laid the foundation for brand new ideas about securities analysis/security analysis. Published in 1949, this book teaches fundamental investing principles that have proven their worth over time that all investors can use.

If you are going to read a book about stocks or the stock market, “Smart Investor” will be the right choice.

The book discusses Graham’s popular philosophy of “value investing”. The main idea being advocated is that while everyone is trading stocks and taking risks that are too big, you—the smart investor—focus on long-term strategies that will keep your portfolio safe and stable. In order to find high-profit and risk-free investments, you need to evaluate the fundamental characteristics or financial performance of companies according to market changes. Due to the stock market booms and busts, this book has become a reliable resource for those pursuing long-term investments for the past 70 years.

Benjamin Graham taught the basic principles of investing to many people around the world and inspired many investors. Graham’s philosophy of “value investing”, which protects from common investment mistakes and teaches investors to develop long-term strategies, has been considered the holy book of the stock market and investment world since its inception. How to buy shares in 2022? Complete guide

2) Ordinary Stocks Extraordinary Profits (1958)-Philip A. Fisher

Another pioneer of financial analysis is Philip Fisher. Fisher is a name that has deeply influenced modern investment theory and in his book he advocates the idea of ​​analyzing stocks according to their growth potential. The book gives investors information on how to improve a business’s quality or analyze its ability to generate profits. The views defended by this book, the first edition of which was published in the 1950s, still maintain their validity/applicability even after half a century has passed. The Secret to Reading 100 Books a Year

3) Learn to Win (1995), The Stock Market Alone (1989), and Beat the Stock Market (1994) – Peter Lynch

Peter Lynch is credited with being the director of the Fidelity Magellan Fund, which performed exceptionally well in the 1980s, and wrote one of the most famous book trilogies on the stock market – he has managed to generate an annual 29.2% return on the fund, more than double the S&P 500. (The S&P 500 stock market index is made by Standard & Poor’s. It covers 500 large American companies, that is, about 75% of the American stock market).

Lynch explains the basics of business in his book, “Learn to Earn,” aimed at a much younger and inexperienced readership. The following “On the Stock Exchange” reveals the advantages of independent investment. Alone in the Stock Exchange attracts the attention of individual investors, especially those who want to make smart investments, that is, who want to benefit from common sense/wisdom in their ventures.

The final book in the trilogy, Beating the Stock Market, focuses on the period when the author managed the Fidelity Magellan Fund, the process of putting together the winning stocks. All three books have been meticulously prepared and show a common sense approach to enabling independent investors to invest just like experts.

Lynch is also an advocate of long-term investment strategy. It advises you to invest in the things you know best, or in businesses where you can see the investment power in tangible form. Claiming that as investors familiar with many products/businesses, from the products on the supermarket shelves to the business tools, it will not be difficult for you to determine what the next big thing is. With these three books, it aims to guide its readers at almost every stage of investment. What You Need to Know to E-Export to Europe

4) Random Navigation in the Stock Market (1973)- Burton G. Malkiel

One of the classics of investing, this book is a great way for investors to explore exchange-traded funds (ETFs), emerging market investments, futures investments, derivatives, etc. It helps them understand many basic stock market concepts. This work, written by Burton Malkiel, a Princeton University economist, also popularized the “random course hypothesis”.

This hypothesis argues that individuals cannot beat the market consistently, so it would make much more sense to create a balanced portfolio to match the price performances of the market. This idea also supports the efficient market hypothesis. Malkiel is a proponent of the efficient markets hypothesis, based on the fact that the prices of openly tradable assets reflect all necessary information.

According to Malkiel, none of the fundamental or technical research makes investors beat the market. Therefore, the investment process is likened to a random walk. Like many academics, Malkiel backs up this claim with plenty of research and statistics. However, most people find Malkiel’s ideas questionable and criticize them harshly.

In today’s world where the prevailing view can change at any time, this work of Burton G. Malkiel, which is as informative as it is reassuring, can be considered one of the best investment guides money can buy.

With income inequality increasing day by day and high-frequency stock traders or hedge fund managers smashing the average investor, we need this classic and completely no-nonsense investment guide from Burton G. Malkiel now more than ever. In this book, you will find proven and scientific research-based investment strategies that you can adapt to your portfolio rather than investment/stock market tips.

“Random Voyage on the Stock Market” should be one of your bedside books.

Through this book, you will learn the basic terminology of the “stock market” and how to navigate it with the help of a functional, user-friendly, long-term investment strategy. Benefiting from his experience as an economist, financial advisor and a successful investor, Malkiel proves in his book that a portfolio of randomly selected stocks can perform as well as the portfolios carefully selected by experts. It has been shown that even stock traders who spread their investments over time and low cost can exceed the performance of professionally created portfolios. Malkiel, Bitcoin etc. to the new edition of the book. Added a brand new section on cryptocurrencies. Moreover,

These highly applicable strategies that the book covers will help you make your future plans with confidence. In this way, you can not only evaluate stocks and bonds, but also from stock market deposit accounts to real estate investment trusts, insurance, home ownership and gold etc. You will also learn how to analyze the potential return on all investment opportunities, down to tangible assets that can be accumulated. Individual investors of almost all levels of experience and risk tolerance can find the critical investment principles and guidance they will need to maintain and increase their hard-earned investment income throughout the book. 11 tips to boost your sales

5) Rich Dad Poor Dad (1997) – Robert Kiyosaki

Rich Dad Poor Dad is a book that explores the life lessons rich people teach their children about money. The author claims that in upper-class families, the knowledge taught to children to preserve wealth is not taught in schools. According to Robert Kiyosaki, poor and middle-class parents neglect this issue too much. Kiyosaki also advocates the need to step into the world of investment early in order to ensure that all of your assets work for you. They are taught that acquiring and creating active investments can be more important than a hefty salary, and the tax benefits that business owners and investors enjoy.

 

6) Stock Market Wizards- Jack D. Schwager

The world’s best stockbrokers reveal the secret of their success in this book. How do stock traders make so much money? The secret is that they have reached a mysterious information that no one knows? Can we say that luck is on their side? Or is their mastery of investing innate? ― Do you think we are dealing with the Mozarts of the market? Searching for answers to all these questions, author Jack D. Schwager interviewed top stock market traders, many of whom have left their mark on the financial market. While the responses of stock traders differ in details, basically they all formulate success as: Concrete methodology + Appropriate mental attitude = Trading success.

In his book, Schwager allows you to listen to the success of the stock market and investment from the mouths of stockbrokers who have personally experienced it. Bruce Kovner, Richard Dennis, Paul Tudor Jones etc. In this book, which consists of interviews with successful names in the financial market, Schwager tries to understand what distinguishes successful investors/stock market traders from unsuccessful ones. The author gives his views on the subject in a separate section and presents his conclusions to the reader along with a set of principles that each investor can adapt to their own commercial career. . These principles contain guiding insights that will enable you to become the star of the stock market. Also, this book includes real-life examples of stock market traders who managed to raise $30,000 to $80 million.

7) The Incredible Rise of the Stock Market (2000) – Robert J. Shiller

Published in March 2000, this book attracted attention with its warnings that the “dot-com”/internet bubble was about to burst. In his book, Yale University economist Shiller debunks the myth that the market is a rational entity, basing this view on the fact that “the market is more influenced by emotions, herd psychology, and speculation than logic.”
Robert Shiller is such a well-known and respected economist that he even has a stock market index bearing his name. The Case-Shiller Home Price Index is named on the basis of the work of Shiller and Karl Case. Shiller, who is also a Nobel Prize winner, has predicted technology and real estate bubbles, and those who are interested in the stock market use this book to better understand how economic bubbles occur. (Economic bubble is the trade of goods that show a price change well above their real value)

Understanding bubbles and market cycles is important. Because a well-formulated investment strategy will help you avoid the troubles of a sudden rise/fall cycle. Shiller argues that psychologically driven price fluctuations are a serious risk to the entire asset market, including the stock market.

This book provides an in-depth look at the stock, housing and bond markets so you can better spot the next bubble and prepare yourself before a possible burst.

8) Memoirs of a Stock Speculator (1923) – Edwin Lefevre

This work, which is among the classics of investment and serves as a bedside book, deals with a great story of almost 100 years.

Memoirs of a Stock Speculator is a must-read book for understanding how stock markets work and the logic behind price movements. In the foreword to this book, Jack D. Schwager, author of the book “The Stock Market Wizard,” says:

“During my interviews with the thirty best stockbrokers of our time, there were a few common questions that I posed to all of them. One of these questions was: ‘Are there any books that you find particularly useful and that you would recommend to stock traders who have just entered the market?’ The answer to this question has often been “Memoirs of a Stock Speculator,” a book that dates back 97 years.”

Although this is a book written years ago, the herd psychology and market timing etc. concepts are still up to date.

The book is a fictional biography of Jesse Livermore, one of the greatest stock market speculators of all time.

What makes the work so contemporary is that it explains the way of thinking of a stockbroker – the mistakes he made, the lessons he learned, the information he learned. The protagonist of the book, Larry Livingston-Jesse Livermore- honestly conveys his experiences and thoughts on the stock market to his reader.

The book is full of interesting observations about the stock market and securities trading.

Experienced traders will find themselves in these lines; the inexperienced will learn a lot of useful information about the future of stock market investing.

9) Rich Dad’s Guide to Investing (2007) -Robert T. Kiyosaki

Investing means something different to everyone, and there’s a big difference between passive investing and active or focused investing. Rich Dad’s Guide to Investment talks about the basic rules of investing, how to reduce investment risk, how to turn your income into passive income, and “Rich Dad’s 10 Investment Controls” .

The Rich Dad philosophy also highlights a big difference between managing and raising money. It is argued that the first step to wealth creation is to understand the basic principles of investing.

This book provides a solid roadmap that will enable almost everyone to take firm steps towards financial freedom as active investors.

10) Investment 101(2016)- Michele Cagan

You can find everything you need to know about stock trading in this book.

Textbooks often turn the important details of investing into a tiring and boring speech that puts even a venture fund manager to sleep. Investment 101, on the other hand, puts an end to these boring lectures about the basic concepts of investing and instead offers hands-on lessons to learn by doing how to build a portfolio or increase your wealth. Covering just about everything from downturn or uptrend stock markets (bear and bull markets) to fixed markets (sideways), this book is packed with fun facts and concepts you won’t find anywhere else.

As you can see, if you want to master the basic principles of stock market investing or learn about how the markets change over time, you can find all the answers you are looking for in this book.

11) The Fast Boys: A Wall Street Riot (2015) by Michael Lewis

“By the summer of 2013, the world financial markets were arranged to maximize the number of encounters between ordinary investors and high-frequency traders – this was to the detriment of ordinary investors but in favor of high-frequency traders—Wall Street banks and online broker businesses. This monolithic ecosystem that was created would surely annoy someone”.

A small, rebellious group bent on destroying Wall Street traditions realizes that the US stock market is always in their favor. They band together and begin their fight, at the cost of sacrificing their seven-figure salary to investigate, expose and reorganize Wall Street’s ways of making profits.

If you have anything to do with the investment market, including your retirement account, you could be one of the protagonists of this story.

12) Warren Buffett Tarzı – Robert G. Hagstrom

Warren Buffett is one of the most famous investors of all time. Buffett became a billionaire because of his investing wisdom and his ability to evaluate companies as a whole, not just by stock prices. The first two editions of The Warren Buffett Style offer investors an in-depth look at the innovative insights and unique business strategies behind Buffett’s amazing success. In the latest editions, information is given on Buffett’s recent investments. The book draws on behavioral finance teachings to explain how investors can overcome the problems that prevent them from making Buffett-style investments.

Hagstrom argues that the biggest obstacle to Buffett-style investments is not choosing the right stocks, but the hesitation to focus on sound investments due to uncertainties in the economy and markets. It explains the psychological underpinnings of Buffett’s investment approach, providing readers with a solid roadmap to use to acquire the principles and behaviors that have made Buffett the greatest investor of the age.

13) The Prophecy of the Rich Dad (2013)-Robert T. Kiyosaki – Sharon L. Lechter

The rich know that times of crisis are great opportunities to create wealth. What makes them rich is their ability to turn crisis into opportunity. Author Robert Kiyosaki teaches his readers/investors how to build a solid financial vessel that will enable them to navigate the turbulent waters of the economy. Knowing that many of the insights and predictions in the book have taken their place on the world stage in one way or another is an indication that this book contains “prophecies” that will do justice to its name. Rich Dad’s Prophecy is a serious warning about the issues that affect the retirement plans of the middle-aged and older group and the financial future of their children and grandchildren.

14) Counterinvestment- Anthony M. Gallea – William Patalon III

“ Counterinvestment is a mindset. Opposites are those who aim to act against the crowd’s opinion when it reaches an extreme. When a stock or market crashes because of bad news, most investors tend to sell the stock and walk out. The opposite’s interest begins to awaken at that very moment, because he or she smells potential opportunities.

In Counterinvestment, Gallea and Patalon show the reader how they can use the diamond in the dumpster. As a result, you have the chance to beat the markets even while aiming to reduce risk.”

Explaining these proven principles in clear and understandable terms, the authors emphasize the importance of independent thinking and provide information on how to develop viable investment ideas.

15) Economy in 30 Seconds-Donald Marron

This book, which includes the “50 most thought-provoking economic theories, each explained in half a minute” , covers keynesian economics, free market capitalism, monetarism, game theory, invisible hand, etc. It gives information about economic theories.

The book explains 50 of the best-known economic theories in 30 seconds, in no more than two pages, 300 words and one picture. In this way, economics reading becomes much more enjoyable. Each of the theories presented in 30 seconds also includes a 3-minute additional information section for those seeking in-depth knowledge.

This is a book that can be easily read by almost anyone who wants to learn about the economy.

16) Economics 101-Alfred Mill

Do you want to master the basic principles of finance? Or do you just need to learn about why money is so important? With the Economy 101 book, you will find all the answers you are looking for – even the ones you are not looking for.

This book, which will enable people who do not have knowledge about economics to understand the basic concepts of the economy or have a conversation on these issues, will provide investment tools, stock market, supply / demand balance, exchange rates, etc., even for those who think they are completely ignorant about economics. teaches basic concepts in a fun and effective way.

17) Bargaining With The Devil – Andreas Loizou

In this book, which details global finance with all its inputs and outputs, the author shares his experiences with the people who hold the strings of the money market with the readers. It explains how international finance works and lays out the myriad intrigues and tactics used to raise enormous sums of money.

With this book, you will go deep into the world of finance and witness the author’s process of reckoning with the dark spots of the finance world, which displays an elite and magnificent stance.

18) Bollinger Bands- John Bollinger

John Bollinger is one of the pioneers of today’s trade. Bollinger Bands, which he created, increase the sensitivity of fixed indicators and provide a much clearer reflection of market fluctuations. Most traders use these bands to predict price movements that have been expected for years, as they more accurately reflect the current market environment. Because this is the most reliable, standard and valid method you can use for this job.

In his book, Bollinger compares price and indicator movements and explains how to use this technique for traders who want to make sound, logical, profitable investment decisions.

19) The Hedge Acrobats-Barton Biggs

Thanks to author Barton Biggs, in The Hedge Acrobats, you will step into the Wall Street stock market and learn about investing in the fiercely competitive world of the stock market – especially investments in hedge funds.

The author described the markets and the world of Wall Street in a clear, honest and understandable way, unlike anyone else. This book may make you think twice before investing in the stock market.

20) Currency Wars by James Rickards

In 1971, US President Nixon announced the new economic policy. Accordingly, the government would carry out price controls, exorbitant taxes would be imposed on imports, and as if all this were not enough, converting the dollar into gold would be prohibited. The reason for this policy was that the ongoing currency war had damaged the confidence in the US dollar, and taking these measures was now a necessity.

Rickards, in his book Currency Wars, claims that we are in a new currency war today and that the results will be much worse than those faced by Nixon. Moreover, these are not exaggerated speculations. Such a crisis has happened before and there is no reason why it should not happen again.

Currency wars are one of the most devastating and frightening consequences of the international economy. “At best it will present a sad spectacle of countries stealing growth from their trading partners, and at worst it will escalate into bouts of sequential inflation, recession, retaliation and de facto violence.” So, the next currency war could lead to one of the worst crises ever. Currency wars always end badly. Coins lose value, assets freeze, gold is confiscated, and capital controls are imposed.

In his book, James Rickards emphasizes that currency wars are not just something that should worry economists and investors. This is a resource conservation/resource snatching challenge that can have devastating consequences – so it’s a serious issue and should be treated with the same seriousness.

21) Liar’s Poker – Michael Lewis

Being a teenager and working on Wall Street in the 1980s was a wonderful experience: because until then it had never been seen or heard of a twenty-four-year-old making so much money in such a short time.

In this book, Lewis reveals the working style of the Wall Street stock market in the light of his experiences in the world of finance. The author is a fledgling economics graduate when he got a job at Salomon Brothers, one of Wall Street’s major investment firms. Quickly climbing the career ladder, Lewis, on the one hand, reveals this process, on the other hand, sheds light on his crazy youth years and the conflicts of the business / stock market world.

In his book “Liar’s Poker,” Michael Lewis tells an entertaining as well as instructive story about the greed, greed, and brutal wealth of the stock market and investment world.

Last words

The stock market can be quite a confusing endeavor, with investment options that can increase, distribute, or destroy one’s wealth. Fortunately, there are countless books on the market that contain valuable strategies written by people who have been successful in stock market investments. The more you read these books, the more effectively you can incorporate expert advice into your own investment strategy.

We have no doubt that these books on the stock market, investment and economics will broaden your horizons.

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