Here we would like to summarize books related to investing that every investor either beginner or professional must read
- Intelligent Investor:
It is a widely acclaimed book by Benjamin Graham on value investing. Written by one of the greatest investment advisers of twentieth century, the book aims at preventing potential investors from substantial errors and also teaches them strategies to achieve long-term investment goals.
Over the years, investment market has been following teachings and strategies of Graham for growth and development. In the book, Graham has explained various principles and strategies for investing safely and successfully without taking bigger risks. Modern-day investors still continue to use his proven and well-executed techniques for value investment.
The current edition highlights some of the important concepts that are useful for latest financial orders and plans. Keeping Graham’s unique text in original form, the book focuses on major principles that can be applied in day-to-day life. All the concepts and principles are explained with the help of examples for better clarity and understanding of the financial world.
Combination of original plan of Graham and the current financial situations are the reason behind this book’s preference today’s investors. It is a detailed version with several wisdom quotes that are likely to change one’s investing career and lead to the path of financial safety and security.
2. One up on wall street
Penned by the famous mutual-fund manager, Peter Lynch, this book elaborates the many advantages that an average investor has over professionals and how they can help them reach financial triumph.
How To Use What You Already Know To Make Money in The Market explains how your knowledge alone can assist you beat the pros of investing. From the viewpoint of America’s most triumphant money manager, investment chances are extensively accessible. Whether supermarket or work place, you can find goods and services everywhere. You have to select these organizations in which to invest, before they are found by skilled analysts. You will find more interesting knowledge on investment. Thus the book has become one of the best seller and treasure among readers. Moreover, this book provides time less recommendation on money business. This book has discussed the tips, ebb and flows on building it big in the investment market.
3. The man who solved the market
The first and fascinating look into the mind of Jim Simons, the shy billionaire who revolutionized Wall Street.
‘A compelling read‘ – Economist
‘Captivating‘ – New York Times book review
Jim Simons is the greatest moneymaker in modern financial history. His record bests those of legendary investors, including Warren Buffett, George Soros and Ray Dalio. Yet Simons and his strategies are shrouded in mystery. The financial industry has long craved a look inside Simons’s secretive hedge fund, Renaissance Technologies and veteran Wall Street Journal reporter Gregory Zuckerman delivers the goods.
After a legendary career as a mathematician and a stint breaking Soviet codes, Simons set out to conquer financial markets with a radical approach. Simons hired physicists, mathematicians and computer scientists – most of whom knew little about finance – to amass piles of data and build algorithms hunting for the deeply hidden patterns in global markets. Experts scoffed, but Simons and his colleagues became some of the richest in the world, their strategy of creating mathematical models and crunching data embraced by almost every industry. Simons and his team used their wealth to upend the worlds of politics, philanthropy and science. They weren’t prepared for the backlash.
In this fast-paced narrative, Zuckerman examines how Simons launched a quantitative revolution on Wall Street, and reveals the impact that Simons, the quiet billionaire king of the quants, has had on worlds well beyond finance.
Special Mention – Rich Dad Poor Dad
April 2017 marks 20 years since Robert Kiyosakis Rich Dad Poor Dad first made waves in the Personal Finance arena. It has since become the 1 Personal Finance book of all time translated into dozens of languages and sold around the world Rich Dad Poor Dad is Roberts story of growing up with two dads his real father and the father of his best friend his rich dad and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you 20 Years 2020 Hindsight In the 20th Anniversary Edition of this classic Robert offers an update on what weve seen over the past 20 years related to money investing and the global economy Sidebars throughout the book will take readers fast forward from 1997 to today as Robert assesses how the principles taught by his rich dad have stood the test of time In many ways the messages of Rich Dad Poor Dad messages that were criticized and challenged two decades ago are more meaningful relevant and important today than they were 20 years ago As always readers can expect that Robert will be candid insightful and continue to rock more than a few boats in his retrospective Will there be a few surprises Count on it Rich Dad Poor Dad Explodes the myth that you need to earn a high income to become rich Challenges the belief that your house is an asset Shows parents why they cant rely on the school system to teach their kids about money Defines once and for all an asset and a liability Teaches you what to teach your kids about money for their future financial success