As Benjamin Franklin wisely noted, “An investment in knowledge pays the best interest.” This timeless advice rings especially true in the world of finance and investing. Charlie Munger, Warren Buffett’s longtime business partner, echoed this sentiment when he observed, “In my whole life, I have known no wise person who didn’t read all the time — none, zero.”
With these pearls of wisdom in mind, presented here is the definitive guide to the 25 Greatest Investment Books Ever Written. This carefully curated list is the result of extensive research and input from some of the world’s most successful investors, including billionaires and legendary fund managers.
From timeless classics like Benjamin Graham’s “The Intelligent Investor” to modern masterpieces such as Morgan Housel’s “The Psychology of Money,” this collection represents the pinnacle of investment literature. These books have shaped the strategies of Wall Street titans, informed the decisions of retail investors, and continue to influence financial markets worldwide.
Whether you’re a seasoned professional looking to refine your approach or a novice eager to learn the ropes, this list offers invaluable insights into the principles of successful investing. Each book has been selected for its enduring relevance, innovative ideas, and potential to transform your financial acumen.
As long the fourth of July weekend approaches, there’s no better time to dive into these game-changing works. Remember, in the fast-paced world of finance, continuous learning is not just an advantage – it’s a necessity. Let this ultimate reading list be your guide to investment excellence.
- The Intelligent Investor by Benjamin Graham
- Common Stocks and Uncommon Profits by Philip A. Fisher
- The Essays of Warren Buffet: Lessons for Corporate America by Warren Buffett and Lawrence Cunningham
- Securities Analysis by Benjamin Graham, David Dodd
- The Most Important Thing, Uncommon Sense for the Thoughtful Investor by Howard Marks
- The Little Book of Common Sense Investing by John C. Bogle
- The Dhandho Investor: The Low-Risk Value Method to High Returns by Mohnish Pabrai
- The Outsiders by William N. Thorndike
- One Up On Wall Street by Peter Lynch, John Rothchild
- Stocks for the Long Run by Jeremy Siegel
- Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism by Jeff Gramm
- Beat the Crowd by Ken Fisher
- Margin of Safety by Seth A. Klarman
- You Can Be A Stock Market Genius by Joel Greenblatt
- The Manual of Ideas by John Mihaljevic
- The Psychology of Money by Morgan Housel
- Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger by Charlie Munger
- Against the Gods by Peter L. Bernstein
- A Random Walk Down Wall Street by Burton G. Malkiel
- Principles: Life and Work by Ray Dalio
- How to Make Money in by StocksWilliam J. O’Neil
- Money Master the Game by Tony Robbins
- Reminiscences of a Stock Operator by Edwin Lefever
- Where are the Customer’s Yachts by Fred Schwed
- Extraordinary Popular Delusions by Charles Mackay
