With evolving times, people have started to explore stocks, mutual funds, currencies, commodities, and other assets that can help achieve financial goals. Naturally, a majority of the people from this segment turn to the internet for more knowledge.
What better way to gain knowledge than by reading books, especially the ones related to the stock market written by experts? If you’re one of those who agree with this sentiment, then this blog about the best books to read for the stock market is for you!
Top 7 Books to Read for the Stock Market
We have curated a list of seven books to help you explore the ins and outs of the stock market. Let’s look at our must-read stock market books listed below!
1. The Intelligent Investor
- Author: Benjamin Graham
- Published in the year: 1949
This book is penned by Benjamin Graham, one of the most incredible investment advisers of the 20th century and the mentor of the world’s most successful investor Warren Buffet.
The book puts forth the concept of value investing, which is the pillar of investing like Warren Buffet, Charlie Munger, and others from the same school of thought.
It also highlights the essential concepts of the stock market so that you can deep dive into the inner workings.
By going through this book, you can find out how to earn profits in the share market while managing risk!
Not only this, but you can learn the art of tackling the emotional side of making investments during good and bad times.
2. Common Stocks and Uncommon Profits
- Author: Philip Arthur Fisher
- Published in the year: 1957
Common Stocks and Uncommon Profits is a book that explores and deals with an in-depth analysis of various investment strategies and blue-chip stocks.
The writer, Philip Arthur Fisher, mainly refers to the idea of looking out for growing firms, gathering data about firms from distinct resources, etc.
Although this was written in 1957, the core principle of the book remains true even today.
That’s why this is for sure one of the best books to read for stock market beginners because it is a detailed guide that can help beginners understand the market and provide them with insights.
As an investor, if you read this book, you will surely expand your knowledge about the stock market and the multitudes of investment modes it comprises!
3. One Up On Wall Street
- Author: Peter Lynch
- Published in the year: 1989
Regarded as a classic by trading professionals, this book is based on personal experience and the successful investment strategies of one of the top investors and fund managers, Peter Lynch.
This book teaches you how to select a specific stock and which investment method to use to make the best out of the stock market.
More importantly, reading this book will help you understand how you as a retail investor have a certain edge over professional investors.
4. How to Make Money in Stocks
- Author: William J. O’Neil
- Published in the year: 1988
The book written by O’Neil illustrates his personal methods of investing and searching for huge stock winners. If you are a novice investor, this book is the best way to get all the answers.
Furthermore, William J. O’Neil talks about his popular CANSLIM technique while offering pointers on how to read charts and improve both your stock selection as well as timing.
If you’re new to CANSLIM – it’s a method used for stock picking based on fundamentals as well as technical analysis.
This book is an eye-opener for investors because it uncovers smart ways to make investments and increase net profits. That’s why it features on our list of Best Books to Read For the Stock Market!
5. The Little Book of Common Sense Investing
- Author: John C. Bogle
- Published in the year: 2007
John C. Bogle, the founder of The Vanguard Group, guides the readers to become smart investors through this book.
This book advises investors to keep their costs low when investing for the long term. The way of going about this as per Bogle is simple – index funds!
If you are perplexed about investing in the stock market, this is one of the must-read books for trading, primarily because it keeps the asset in question clear from the beginning.
Its track record of being a best seller speaks volumes about how this book showcases a logical and practical way to make money and generate potentially high returns.
Moreover, Bogle added two extensive chapters on asset allocation and investing for retirement once the book was published.
6. The Alchemy of Finance
- Author: George Soros
- Published in the year: 1987
If you haven’t heard of George Soros – he was a legendary trader and investor. He’s also known for following the “global macro strategy”, which meant going long or short across asset classes.
In this book, the author gives a detailed description of how the share market works both practically and theoretically.
Apart from this, the writer has also depicted a standard on how you can decode the share market and trading strategies.
7. Stocks To Riches
- Author: Parag Parikh
- Published in the year: 2005
Being simple to understand, this book by the popular investment expert and founder of Parag Parikh Financial Advisory Services Limited is one of the best books to read for the stock market.
If you are looking forward to gaining crucial insights into the elements and perspectives of the Indian stock market, this book is for you!
Parikh highlights the mistakes beginners make when they begin their share market investment.
By reading this book, you will also understand the rules to be followed in the stock market and gain experience from the lessons of others’ mistakes!
Hey! If you’re an investor, you should know what’s active investing vs passive investing. Here’s a video that explains both in detail:
We hope that this list of must-read stock market books can help you gain knowledge of different dimensions of the world of the stock market.
Remember to keep the lessons from these books in your mind. They will prove instrumental in guiding you on your share market investment journey!
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