What are the best investment books of all time?
I am often asked which investing books investors members of the public should read, so I have copied the list below, of the best investment books of all time, for beginners.
For those that don’t like reading, I would suggest trying the free trail on Amazon Audible (audio books) and listening to them on your way to work or at home. Usually you can listen to 2 books for free.
Before beginning, I would say I have read a lot of questions on Quora, Reddit and Medium that focus on nationality or year.
However, it is irrelevant whether you live in UK, US, Singapore, India, Dubai , Canada or Australia. It is also not important whether you are reading these books in 2017, 2018 or 2019.
The fundamentals of good investing remains the same. The best investment books of all time don’t change very easily; few world class investment books are made every year.
It also doesn’t make much difference if you are old, middle-aged or a millennial. A college student, a teacher or lawyer. 20 something, 30 something or 60 something. Living at home or as an expat. Reading a wide selection of the books below will cover asset allocation for all ages, and situations.
In terms of the specifics, I would recommend starting with three books:
1.The Millionaire Next Door, Thomas Stanley
- A great book for beginners as Stanley will challenge a lot of your misconceptions about who the rich really are. They probably don’t earn as much as you think they do.
- They may be living in the same street as you.
- Not the most academic book, but very accessible and even handed.
2. Benjamin Graham’s “Intelligent Investor.”
- As per the title on the book, Warren Buffett believes this book is by far the best book on investing ever written.
- It is a bit outdated from the point of view that it was written before index funds. It was written before institutional investors and robots made it so hard to beat the market. It was written before value investing become so hard – but still a great read.
To carry on reading — https://adamfayed.com/goodinvestingbooksforbeginners/