Benjamin Franklin wisely pointed out that “an investment in knowledge pays the best interest.” This timeless advice is especially applicable in the world of finance and investing. Warren Buffett’s longtime business partner, Charlie Munger, echoed this sentiment, saying, “I’ve never known a smart man in my life who didn’t read all the time. Not one, not a single one.”
With these valuable pieces of wisdom in mind, here is the definitive guide to the 25 best books on investing ever written. This carefully compiled list is based on 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 like Morgan Housel’s The Psychology of Money, this collection represents the pinnacle of investing literature: books that have shaped the strategies of Wall Street titans, informed the decisions of individual investors, and continue to influence financial markets around the world.
Whether you’re a seasoned professional looking to refine your investment approach or a beginner looking to learn the ropes, this list offers valuable insight into the principles of successful investing. Each book was chosen for its enduring relevance, innovative ideas, and potential to transform the way you think about finances.
With Independence Day weekend approaching, now’s the perfect time to dive into these groundbreaking works. And remember: in the fast-changing world of finance, continuous learning isn’t just an advantage — it’s a necessity. Let this ultimate reading list be your guide to investing success.
- The Intelligent Investor by Benjamin Graham
- Common Stocks and Abnormal Earnings by Philip A. Fisher
- Warren Buffett Essays: Lessons for Corporate America by Warren Buffett and Lawrence Cunningham
- Benjamin Graham and David Dodd’s Security Analysis
- What Matters Most: An Extraordinary Sense for the Thoughtful Investor, by Howard Marks
- “Common Investing: A Booklet” by John C. Bogle
- Dhando Investor: A Value Method to Produce High Returns with Low Risk (by Monish Pabrai)
- The Outsiders by William N. Thorndike
- One Up on Wall Street by Peter Lynch and John Rothschild
- “Stocks for Long-Term Investing” by Jeremy Siegel
- Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism by Jeff Graham
- Beat the Crowd by Ken Fisher
- Margin of Safety by Seth A. Klarman
- You too can be a stock market genius – by Joel Greenblatt
- The Ideas Manual 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 the stock market by William J. O’Neill
- Tony Robbins Money Master the Game
- Memoirs of a Stock Investor by Edwin Lefever
- Where is your customer’s yacht? – by Fred Schwed
- “The Extraordinary Mass Delusion” by Charles MacKay
