Whether you’re an established investor or only beginning your first venture, it’s always worth getting a clear grasp of the rules and patterns and keeping them up to date as they change.
Professional advice and feedback from other customers who have excelled will even come in handy. These are the best 5 books for investors which are recommended by Vietnam investigation:
The intelligent investor
Before his death, “The Intelligent Investor” author Benjamin Graham was a renowned professor known as the godfather of investing, and Jason Zweig, The Wall Street Journal columnist, adds in some commentary in this revised edition.
This book takes a different approach from other investing books, although it’s not without positive encouragement. It won’t tell you how to make millions, but rather how not to lose your shirt. The authors impart must-read basics to get you started in investing and keep you going for a long time, from recommended strategies and how to analyze stocks to a comprehensive history lesson on the stock market.
Graham published the first edition of this book in 1949, and even Warren Buffett has called that version “the best book on investing ever written.”
The Little Book of Common Sense Investing
The Only Way to Guarantee Your Fair Share of Stock Market Returns” takes the surprising approach that for many investors, the stock market is a lose-lose proposition.
Bogle then explains what he learned to turn the odds in his favor. This isn’t his only book, but it’s the one that covers his own personal innovative techniques and truths in a relatively short and easy read.
The Essays of Warren Buffett: Lessons for Corporate America
You’d be hard-pressed to name a more successful investor than Buffett, and he’s taken the time to share what he knows and has learned on the subject over the years.
The title addresses “corporate America,” but you can take that to include shareholders. The book offers an excellent explanation of the relationship between corporations and their shareholders, which makes it ideal for those new to investing. Plus, this collection of essays spans more than 50 years.
A Random Walk Down Wall Street
“A Random Walk Down Wall Street” is invaluable reading for those who are trying to get a handle. First, you have to learn to talk the talk, or at least understand what’s being said when someone else speaks it.
Malkiel’s book includes some handy definitions of investment terms, and it applies them to various investment strategies geared toward different stages in life. He emphasizes long-term investments rather than get-rich-quick schemes, and how to predict prices and avoid common mistakes. This is a revised edition of a book that’s been around for a while. “A Random Walk” has sold more than 1.5 million copies to date.
Daniel Kahneman knows a thing or two about thinking—he’s a psychology professor at Princeton University and understands a lot about finances, having won the 2002 Nobel Prize in Economic Sciences.
His New York Times bestseller, “Thinking, Fast and Slow,” delves into how your thought processes can affect your success in investing. Everyone harbors their own little biases, sometimes subconsciously. Kahneman explains how to identify your own and lock them away so you can make investment decisions without their input, thinking clearly, rationally, and analytically.