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Top 5 Investment Philosophy Reading
Till date, more than million books are written on how to invest. Our mind should be fertilized by a few (very few) classic investment book instead of poisoned by tons of mediocre investment books.
We, have selected the top 5 MUST-READ investment classics:
A. The Intelligent Investor
This is perhaps the most important and influential book ever
written about value investing. Originally published in 1934 by Ben Graham, this work has been heralded by such notable investors as Warren Buffett as "the best investing book ever written". In it, Graham presents two types of investing styles - one for every day people who don't want to think about their portfolios ("defensive") and the business man or woman who wants to enjoy maximum returns ("enterprising").
B. One Up on Wall Street
As many of you have heard me say, One up on Wall Street is the first or second book any new investor should read. In it, famed mutual fund manager Peter Lynch teaches you how to use what you already know to make money in the market.
C. The Essays of Warren Buffett
Anyone who is worth their salt as an investor has read the
Berkshire Hathaway shareholder letters, written by Buffett. In this book, Professor Lawrence Cunningham selects and arranges these corporate "essays" by topic and relevance. It is a great tool to have handy and can teach you a lot about management, business valuation, investing philosophy, the use of stock options, economic and accounting goodwill and more.
D. Common Stocks and Uncommon Profits & Other Writings
Philip Fisher is one of the most prominent and important financial thinkers in history. In this book, he examines the fifteen qualities of an excellent business. When this approach is coupled with Graham's "value" method, it can be a very powerful thing.
E. Security Analysis
Security Analyis was originally written by Professor Benjamin
Graham in 1934. Five editions and a million copies later, the seven hundred page investing treatise will teach you how to analyze and value almost any investment. If you take more than a casual interest in building your networth, this book will change your life.
Success Always with You,
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