List of 40 Books every Investor needs to read - List by MarketWatchâ„¢

List of 40 Books every Investor needs to read

Books in list (40)

Title: Reminiscences of a Stock Operator: With New Commentary and Insights on the Life and Times of Jesse Livermore (Annotated Edition)

Reminiscences of a Stock Operator is the fictionalized biography of Jesse Livermore, one of the greatest speculators ever. The timeless insights found within these pages have inspired countless generations of investors and made this book one of the foremost investment classics of all time. And although most modern-day investors and traders are familiar with this investment classic, many do not know that Reminiscences of a Stock Operator first appeared in the 1920's as a series of articles and illustrations in The Saturday Evening Post. Now, for the first time ever, this beloved classic is available in its original, illustrated format. In 1922, Edwin Lefevre began publishing his fictionalized account of Livermore's exploits in a series of articles for The Saturday Evening Post, which appeared under the title "Reminiscences of a Stock Operator." Now, Reminiscences of a Stock Operator Illustrated combines those...
Author(s): Edwin Lefevre
ISBN 13: 9780470481592
Pages: 448
This book is in (3) other book lists, learn more.

Title: Security Analysis: The Classic 1934 Edition

Rare is the opportunity to see, much less own, an original. But this unusual, carefully crafted reproduction of Benjamin Graham and David Dodd's immortal Security Analysis gives you that chance—to read and treasure a true classic—the book that gave birth to value investing.

Continuously in print through five editions, for more than 60 years, and through nearly a million copies, the primer for many of America's most illustrious investors—and the wellspring of Graham and Dodd's Wall Street Immortality—Security Analysis is indisputably the most influential book on investing ever written. Still the investors' bible, it's as frequently consulted today as it was when it first appeared in 1934.

Of course, over the years and over five editions, Security Analysis changed. Its language was modernized. New material was added. Metaphors and examples were brought up to date. In the light of changing times, these alterations were necessary and appropriate.

But what of the original book? The very durability of this work arouses our curiosity. And what we discover when we return to the original is very simply a classic, a work whose uncompromising worth has not paled since it first saw the light of day in 1934.

The original words of Benjamin Graham and David Dodd—put to paper not long after the disastrous Stock Market Crash of 1929—still have the mesmerizing qualities of rigorous honesty and diligent scrutiny, the same riveting power of disciplined thought and determined logic that gave the work its first distinction and began its illustrious career.

The words you will read here are eloquent. Not only a financial genius and a man of high repute for honorable dealings, Graham was a man of letters invited to teach in the literature department at Columbia University (as well as in the economics and philosophy departments).

But this reproduction is far more than a historical curiosity, an interesting object, and a delightful read. It presents the original Graham/Dodd method of investing—told in their own words as they first described it in the 1930s.

What exactly is this method that has drawn such longterm devotion in the notably fickle reaches of Wall Street?

Graham and Dodd were Wall Street's first bargain shoppers. In this book they first explain their methods for locating bonds and stocks "which are selling well below the levels apparently justified by a careful analysis of the relevant facts." In this book, they tell you precisely how to find these undervalued securities and analyze those "relevant facts."

Are these methods still practical and usable today? The great fortunes created by value investors Warren Buffett, Mario Gabelli, John Neff, Michael Price, and John Bogle testify that they certainly are.

In their preface to this book, Graham and Dodd write that they hope their work "will stand the test of the ever enigmatic future." There is no doubt that it has.

This distinctively wrought book is a careful reproduction of the 1934 edition, containing every word of the original.

Author(s): Benjamin Graham
ISBN 13: 9780070244962
Pages: 725
This book is in (5) other book lists, learn more.

Title: Where Are the Customers Yachts

If one of them has to be disappointed, it's bound to be the former." -- John Rothchild, Author, A Fool and His Money, Financial Columnist, Time magazine Humorous and entertaining, this book exposes the folly and hypocrisy of Wall Street.
Author(s): Fred Schwed Jr.
ISBN 13: 9780471770893
Pages: 208
This book is in (6) other book lists, learn more.

Title: The Intelligent Investor: The Classic Text on Value Investing

More than one million hardcovers sold Now available for the first time in paperback! The Classic Text Annotated to Update Graham's Timeless Wisdom for Today's Market Conditions The greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949. Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles. Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.
Author(s): Benjamin Graham
ISBN 13: 9780060752613
Pages: 304
This book is in (12) other book lists, learn more.

Title: The Great Crash 1929

Presents a study of the stock market crash of 1929 that reveals the influential role of Wall Street on the economic growth of America.
Author(s): John Kenneth Galbraith;James K. Galbraith Professor
ISBN 13: 9780547248165
Pages: 206
This book is in (2) other book lists, learn more.

Title: Common Stocks and Uncommon Profits and Other Writings

Here are solid guidelines on when and what to buy, sound reasons for selling common stock, as well as critical information on profit margins and dividends.
Author(s): Philip A. Fisher
ISBN 13: 9780471445500
Pages: 292
This book is in (7) other book lists, learn more.

Title: The Money Game

Discusses the human factor in big business and offers behavioral studies of the professionals and amateurs of Wall Street
Author(s): Adam Smith
ISBN 13: 9780394721033
Pages: 253
This book is in (3) other book lists, learn more.

Title: A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Tenth Edition)

Using the dot-com crash as an object lesson in how not to manage your portfolio, this is a gimmick-free, irreverent and informative guide to navigating the turbulence of the market and managing investments with confidence.
Author(s): Burton G. Malkiel
ISBN 13: 9780393340747
Pages: 489
This book is in (8) other book lists, learn more.

Title: Manias, Panics, and Crashes

Since its introduction in 1978, this book has charted and followed this volatile world of financial markets.
Author(s): Charles P. Kindleberger
ISBN 13: 9780471389453
Pages: 304

Title: The Alchemy of Finance

This is followed by an overview of the common eating disorders, then chapters on what we know of them from studies of neuroimaging, neuropsychology and neurochemistry.
Author(s): George Soros
ISBN 13: 9780471445494
Pages: 391

Title: Market Wizards

"Market Wizards is one of the most fascinating books everwritten about Wall Street.
Author(s): Jack D. Schwager
ISBN 13: 9781592802975
Pages: 458
This book is in (2) other book lists, learn more.

Title: Liar's Poker: Rising through the Wreckage on Wall Street

The time was the 1980s. The place was Wall Street. The game was called Liar`s Poker.

Michael Lewis was fresh out of Princeton and the London School of Economics when he landed a job at Salomon Brothers, one of Wall Street`s premier investment firms. During the next three years, Lewis rose from callow trainee to bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. Liar`s Poker is the culmination of those heady, frenzied years a behind-the-scenes look at a unique and turbulent time in American business. From the frat-boy camaraderie of the forty-first-floor trading room to the killer instinct that made ambitious young men gamble everything on a high-stakes game of bluffing and deception, here is Michael Lewis`s knowing and hilarious insider`s account of an unprecedented era of greed, gluttony, and outrageous fortune.

In fiction there was Bonfire of the Vanities; in reality, there is Liar's Poker--the fascinating insider's account of what really happens on Wall Street. This irreverent and hilarious birds-eye view of Wall Street's heyday will appeal to anyone intrigued by the allure of million dollar deals. Now in trade paper.

Author(s): Michael Lewis
ISBN 13: 9780393338690
Pages: 310
This book is in (5) other book lists, learn more.

Title: 101 years on Wall street

This book provides a complete stock market chronology of the past 100 years. It traces the Dow Jones' advance, 28 to 2800, and includes commentary on historic market forces. Patterns continually repeat themselves on Wall Street, and this volume offers investors summaries, comparisons and yearly retrospects of long trends such as bull and bear markets, shorter sequences such as panics, and includes a seasonal almanac of monthly trends like September dangers and a political almanac of election-market sequences. Market and volume statistics, along with special features of market lore are presented in this comprehensive volume, providing investors with guidance in their current decision-making. Tables and statistical summaries present the best and worst of each decade and provide a factual basis for comparison with modern-day markets.
Author(s): John Dennis Brown
ISBN 13: 9780139460135
Pages: 308

Title: Beating the Street

Describes how readers can invest in twenty-two companies selected for the 1992 Roundtable
Author(s): Peter Lynch;John Rothchild
ISBN 13: 9780671891633
Pages: 332
This book is in (3) other book lists, learn more.

Title: Stocks for the Long Run

This completely updated edition includes entirely new data, charts, and figures as it provides answers on the five major issues concerning investors and professionals today: How will events related to September 11 tragedy affect long-term ...
Author(s): Jeremy J. Siegel
ISBN 13: 9780071370486
Pages: 383
This book is in (2) other book lists, learn more.

Title: Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies

MARKET VALUATION Can stocks still provide 6 to 7 percent per year after inflation? This edition forecasts future stock returns and shows how to determine whether the market is overvalued or not.
Author(s): Jeremy J. Siegel
ISBN 13: 9780071800518
Pages: 448
This book is in (2) other book lists, learn more.

Title: What Works on Wall Street, Fourth Edition: The Classic Guide to the Best-Performing Investment Strategies of All Time

" Barron's “What Works on Wall Streetis indisputably a major contribution to empirical research on the behavior of common stocks in the United States….Conceivably, the influence ofWhat Works on Wall Streetwill prove immense.” The ...
Author(s): James OShaughnessy
ISBN 13: 9780071625760
Pages: 681

Title: The Essays of Warren Buffett

In the third edition of this international best seller, Lawrence Cunningham brings you the latest wisdom from Warren Buffett's annual letters to Berkshire Hathaway shareholders.
Author(s): Warren Buffett;Lawrence A. Cunningham
ISBN 13: 9781611634099
Pages: 307
This book is in (8) other book lists, learn more.

Title: Against the Gods

A blend of biography and history shows how famous scientists and creative amateurs developed the concepts of risk, risk management, and probability, paving the way for progress in business and technology
Author(s): Peter L. Bernstein
ISBN 13: 9780471295631
Pages: 383
This book is in (4) other book lists, learn more.

Title: Common Sense on Mutual Funds

Praise for The Original 1998 Edition

"Cogent, honest, and hard-hitting—a must read-for every investor."
Warren E. Buffett

<p class="null1">Praise for Common Sense On Mutual Funds fully updated 10th anniversary edition

"The only thing better than Bogle's original book is its improved revision. Bon appetit!"
Paul A. Samuelson, Nobel Laureate, Economics

"Were I allowed to recommend only one investment volume to friends and family, the updated edition of Common Sense on Mutual Funds would be it—it is even better than the first edition was ten years ago."
William J. Bernstein, author of The Investor's Manifesto, A Splendid Exchange, The Birth of Plenty, and The Four Pillars of Investing

"How do you improve upon perfection? Well, with this tenth anniversary edition of Common Sense on Mutual Funds, the best mutual fund primer just got better."
Don Phillips, Managing Director, Morningstar

"In this timely update of Common Sense on Mutual Funds, John Bogle improves on what was the finest book on mutual funds ever written."
Jane Bryant Quinn, financial columnist and author of Smart and Simple Financial Strategies for Busy People

"Jack Bogle cares passionately about everyday Americans—and that passion is palpable in these pages. This new edition of Common Sense on Mutual Funds will send you marching into the financial markets with a sense of mission."
Jonathan Clements, author of The Little Book of Main Street Money

"When the history of modern investment management is written, John Bogle will stand out as one of its towering figures."
Byron R. Wien, Vice Chairman, Blackstone Advisory Services

"A powerful no-nonsense prescription for how individual investors should structure their portfolios in the current market environment."
Martin Leibowitz, Managing Director, Morgan Stanley

Author(s): John C. Bogle
ISBN 13: 9780470138137
Pages: 656
This book is in (4) other book lists, learn more.

Title: Devil Take the Hindmost

Here are brokers underwriting risks that included highway robbery and the "assurance of female chastity"; credit notes and lottery tickets circulating as money; wise and unwise investors from Alexander Pope and Benjamin Disraeli to Ivan ...
Author(s): Edward Chancellor
ISBN 13: 9780452281806
Pages: 386
This book is in (2) other book lists, learn more.

Title: When Genius Failed

When Genius Failed is the cautionary financial tale of our time, the gripping saga ofwhat happened when an elite group of investors believed they could actually deconstruct risk and use virtually limitless leverage to create limitless ...
Author(s): Roger Lowenstein
ISBN 13: 9780375758256
Pages: 264
This book is in (4) other book lists, learn more.

Title: One Up On Wall Street

More than one million copies have been sold of this seminal book on investing in which legendary mutual-fund manager Peter Lynch explains the advantages that average investors have over professionals and how they can use these advantages to ...
Author(s): Peter Lynch
ISBN 13: 9780743200400
Pages: 304
This book is in (6) other book lists, learn more.

Title: Fooled By Randomness

Contends that randomness and probability have a large impact on life, claims that people regularly fail to recognize that role, and tells how to differentiate between randomness in general and the financial markets in particular.
Author(s): Nassim Taleb
ISBN 13: 9780812975215
Pages: 316
This book is in (6) other book lists, learn more.

Title: Confessions of a Street Addict

A tour of Wall Street in the tradition of Liar's Poker also traces the life and career of the author, the co-founder of and Smart Money magazine, from his Philadelphia childhood through his exploits as a financial journalist.
Author(s): James J. Cramer
ISBN 13: 9780743224888
Pages: 352

Title: The Four Pillars of Investing: Lessons for Building a Winning Portfolio

The classic guide to constructing a solid portfolio with out a financial advisor! With relatively little effort, you can design and assemble an investment portfolio that, because of its wide diversification and minimal expenses, will ...
Author(s): William Bernstein
ISBN 13: 9780071747059
Pages: 336
This book is in (2) other book lists, learn more.

Title: Winning the Losers Game: Timeless Strategies for Successful Investing

Presents investors with common-sense strategies to build big profits over the long run. The go-to guide for anyone seeking long-term gain in the stock market, Winning the Loser's Game was referred to by the great Peter Drucker as "by far the best book on investment policy and management." Dr. Charles Ellis, dubbed "Wall Street's Wisest Man" by Money magazine, has been showing investors for three decades how stock markets really work and what individuals can do to be sure they are long-term winners. Now, in this new edition of his investing classic, Ellis helps you succeed in a market that's becoming more unpredictable by the day.
Author(s): Charles Ellis
ISBN 13: 9780071813655
Pages: 288
This book is in (2) other book lists, learn more.

Title: Bull!

Then, the market rose and rapidly gained speed until it peaked above 11,000. Noted journalist and financial reporter Maggie Mahar has written the first book on the remarkable bull market that began in 1982 and ended just in the early 2000s.
Author(s): Maggie Mahar
ISBN 13: 9780060564148
Pages: 528
This book is in (2) other book lists, learn more.

Title: Poor Charlies Almanack

Poor Charlie's Almanack contains the wit and wisdom of Charlie Munger: his talks, lectures and public commentary. And, it has been written and compiled with both Charlie Munger and Warren Buffett's encouragement and cooperation. So pull up your favorite reading chair and enjoy the unique humor, wit and insight that Charlie Munger brings to the world of business, investing and life itself. With Charlie himself as your guide, you are about to embark on an extraordinary journey toward better investment, decision making, and thinking about the world and life in general. Charlie's unique worldview, what he calls a 'multidisciplinary' approach, is a self-developed model for clear and simple thinking while being far from simplistic itself. Throughout the book, Charlie displays his intellect, wit, integrity, and rhetorical flair. Using his encyclopedic knowledge, he cites references from classical orators to eighteenth- and nineteenth-century European literati to pop culture icons of the moment while simultaneously reinforcing the virtues of lifelong learning and intellectual curiosity.
Author(s): Charles T. Munger;Peter D. Kaufman
ISBN 13: 9781578643660
Pages: 512
This book is in (4) other book lists, learn more.

Title: All About Asset Allocation, Second Edition

In addition to covering all the basics, this new edition of All About Asset Allocation includes timely advice on: Learning which investments work well together and why Selecting the right mutual funds and ETFs Creating an asset allocation ...
Author(s): Richard Ferri
ISBN 13: 9780071700788
Pages: 336

Title: Bailout Nation, with New Post-Crisis Update: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy

An engaging look at what led to the financial turmoil we now find ourselves in "Bailout Nation" offers one of the clearest looks at the financial lenders, regulators, and politicians responsible for the financial crisis of 2008. Written by Barry Ritholtz, one of today's most popular economic bloggers and a well-established industry pundit, this book skillfully explores how the United States evolved from a rugged independent nation to a soft "Bailout Nation"-where financial firms are allowed to self-regulate in good times, but are bailed out by taxpayers in bad times. Entertaining and informative, this book clearly shows you how years of trying to control the economy with easy money has finally caught up with the federal government and how its practice of repeatedly rescuing Wall Street has come back to bite them. The definitive book on the financial crisis of 2008 Names the culprits responsible for this tragedy-from financial regulators to politicians Shows...
Author(s): Barry Ritholtz
ISBN 13: 9780470596326
Pages: 360
This book is in (2) other book lists, learn more.

Title: The Big Short: Inside the Doomsday Machine

The real story of the crash began in bizarre feeder markets where the sun doesn't shine and the SEC doesn't dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can't pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren't talking.

Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller Liar's Poker. Out of a handful of unlikely-really unlikely-heroes, Lewis fashions a story as compelling and unusual as any of his earlier bestsellers, proving yet again that he is the finest and funniest chronicler of our time.

Author(s): Michael Lewis
ISBN 13: 9780393338829
Pages: 320
This book is in (8) other book lists, learn more.

Title: The Quants

Documents the contributions of a team of young math geniuses who applied Vegas strategies to Wall Street and set in motion widespread market collapses. In March of 2006, the world’s richest men sipped champagne in an opulent New York hotel. They were preparing to compete in a poker tournament with million-dollar stakes, but those numbers meant nothing to them. They were accustomed to risking billions.
Author(s): Scott Patterson
ISBN 13: 9780307453389
Pages: 337

Title: More Money Than God: Hedge Funds and the Making of a New Elite

Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first- century capitalism. Beating the market was long thought to be impossible, but hedge funds cracked its mysteries and made fortunes in the process. Drawing on his unprecedented access to the industry, esteemed financial writer Sebastian Mallaby tells the inside story of the hedge funds, from their origins in the 1960s to their role in the financial crisis of 2007 to 2009.
Author(s): Sebastian Mallaby
ISBN 13: 9780143119418
Pages: 512

Title: The Most Important Thing

This book explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career.
Author(s): Howard Marks
ISBN 13: 9780231153683
Pages: 192
This book is in (3) other book lists, learn more.

Title: Backstage Wall Street: An Insideru0092s Guide to Knowing Who to Trust, Who to Run From, and How to Maximize Your Investments

all Street is very good at one thing: convincing you to act against your own interests. And there’s no one out there better equipped with the knowledge and moxie to explain how it all works than Josh Brown. A man The New York Times referred to as “the Merchant of Snark” and Barron’s called “pot-stirring and provocative,” Brown worked for 10 years in the industry, a time during which he learned some hard truths about how clients are routinely treated―and how their money is sent on a one-way trip to Wall Street’s coffers.
Author(s): Joshua M. Brown
ISBN 13: 9780071782326
Pages: 256

Title: Quantitative Value, + Web Site: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors

Gray and Carlisle examine the historical data on over 50 valuation ratios, including some unusual metrics, rare multi-year averages, and uncommon combinations The five signals sent by smart money: The book uncovers the signals sent by ...
Author(s): Wesley R. Gray;Tobias E. Carlisle
ISBN 13: 9781118328071
Pages: 288

Title: Millennial Money

A portfolio manager highlights the most common money mistakes that can hurt the Millennial generation's' long term investment returns and introduces strategies to build wealth and overcome financial and investing shortcomings geared ...
Author(s): Patrick OShaughnessy
ISBN 13: 9781137279255
Pages: 224

Title: A Wealth of Common Sense

True investing wisdom--born out of experience and success--cannot be faked; it must be earned. This is precisely the type of wisdom that comes oozing out of every chapter in "A Wealth Of Common Sense.
Author(s): Ben Carlson
ISBN 13: 9781119024927
Pages: 224


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40 Books every Investor needs to read

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