The best books on investing. Books on investing. Review of the best literature for investors

Greetings! Investing is a bit like driving a car. Both need to be seriously studied. Both “sciences” need to be supported by theory and practice. Ignorance of investment rules (like ignorance of traffic rules) with a 99% probability leads to serious losses. What am I talking about?

Moreover, before investing “real money” in something, you need to study at least a couple of good books on this topic. They motivate and inspire, they clear their minds, they help avoid the most obvious mistakes. I won't beat around the bush - today I will describe the best investing books for beginners!

I know, I know - Kiyosaki today does not recommend only the lazy on his blog. And quite a few complaints have already been expressed against him on the Runet: he is, they say, pretty outdated, and his methods do not work in Russia, and he writes the same thing in his books only in different words. Perhaps there is some truth in this. But for some reason, Robert Kiyosaki’s books motivate investment more effectively than others. Tested for myself.

If you still doubt whether you should give a part of your income to investments every month, the book “Rich Dad Poor Dad” will definitely reprogram your brain in the right direction!

By the way, I highly recommend a simple computer toy from the same Robert Kiyosaki called “Rat Race”. After its successful (or unsuccessful) completion, you begin to look at many things with completely different eyes. It is worth reading other books by the same author. For example, I really liked the Cash Flow Quadrant and Rich Dad's Guide to Investing.

Alice Schroeder "Warren Buffett. The best investor in the world"

The book by Alice Schroeder is another “must have” in the library of any novice investor. Warren Buffett is an amazing person who has achieved unprecedented heights in his life (for example, a fortune of $50 billion in 2011). For five years, Alice Schroeder communicated not only with the main character of her future book, but also with his family, acquaintances and business partners.

The book turned out to be very honest and motivating. It contains “a lot of letters” (about 900 pages of text), but there is no “water”, and it is easy to read. A little bit of autobiography, a little bit of practical experience, a little bit of humor - and a lot of useful information for beginners. Some people find the book drawn out and boring. But I really love stories of the format “who was nobody, made himself everything,” so I didn’t pay attention to such little things.

Bodo Schaefer, The Path to Financial Independence. First million in 7 years"

I really like this author! He tells complex things in simple words, putting everything into perspective. This book contains many specific and practical recommendations. How to set financial goals and achieve them? How to get rid of debts?

It seems that many authors write on the same eternal topics. But Schaefer does it like a good teacher: clearly, specifically, with humor and examples from life. By the way, the principles of financial management outlined in the book are quite applicable to Russian reality. I’ll tell you for myself: after reading “The Way...” I literally want to move mountains.

Carl Richards, The Psychology of Investments. How to stop doing stupid things with your money"

The author of the book “ate the dog” on financial planning. In his book, he gives a bunch of funny examples of how we constantly fall into the same traps of useless spending. In every situation I recognized myself or someone I knew. Carl Richards' simple recommendations are fundamentally changing "consumer behavior." This is about the question: .

Vladimir Savenok “Your money should work”

The book has Russian authorship. This means that the recommendations given in it correspond to domestic realities. The book is a collection of practical tips on effective management of personal finances. Three types of investment portfolios are considered separately: moderate, aggressive and conservative. By the way, from the books of foreign authors I could not understand the difference between these strategies. Still, in the USA, Japan, Germany and Russia, the set of tools for the average investor is seriously different.

Any of the books mentioned above can be found on the Internet. Well, if you, like me, are a lover of printed materials, then you can purchase them, for example in the online store "Labyrinth". What books do you recommend for beginning investors to read?

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P.S. Friends, especially for my readers, I translated the American investment brochure from the Securities Commission into Russian. This is the very material with which one begins to get acquainted with the world of investment in the United States. To get it completely free, you just need to subscribe to my blog updates by email or become my subscriber on social networks.

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It is not so easy to find a job that would generate income that satisfies our needs, and even if there is one, the accumulated capital should not just lie dead weight, but should generate profit. To do this, you need to learn how to invest your money.

But in order to invest your money correctly and competently, you need to study books on investing, moreover, it is absolutely not difficult to do this today - the best literature on this topic is posted on the pages of sites specializing in economics and investment activities.

All you need is to visit such a web resource for investors, find the material you are interested in, study it and take action. After all, investing is a chance to get closer to wealth and take it into your hands!

Books on investing. Where is the best place to start?

First of all, if you decide to become an investor, then you need to understand what investment activity means in general and what investments are. So, investment activity is the investment of funds and the implementation of some practical actions with the goal of making a profit in the future or achieving some other useful effect.

Direct investment () is the placement of equity capital, i.e. money into securities, business objects or other property, etc., having a monetary value, again with the aim of making a profit.

To put it simply, investments and investments are aimed at ensuring that your savings, working for you, generate income.

By definition, you need to invest in something. Today there are a large number of different options for investing your own capital, but the most common investment objects are: shares of various enterprises, real estate, bonds and, of course, your own business.

Each of the investment instruments has both its advantages and some disadvantages, but by and large, the point here is not where exactly you are going to invest your own funds, but that they should be invested so that they can work for you and bring the expected profit.

Typically, people get into investing by reading and studying books on investing written by “financial gurus.” And usually they do not contain any specific instructions on how to start investment activities from scratch, how to learn to invest and not lose your own savings. In them you will most likely find general thoughts about what exactly you need to strive for and what investments can give. This is also very useful information, because... For any investor, achieving a goal is very important. After all invest your capital and see no future- a very dangerous occupation.

Remember, the funds you invest must work successfully and generate profit for many years; only in this case does it make sense to start investing.

Thanks to the Internet, today you can find a lot of useful information for investors; the best literature, books on investing, video lessons, courses and much more are collected here. etc. But since in order to find all this you need to sift through a bunch of sometimes useless information and spend a lot of time, we decided to simplify your task and tell you about those books that will actually bring invaluable help in investment activities.

Books on investing for beginners and experienced investors. Literature that has proven itself over time

We want to start with investing books written by Robert Hagstrom about Warren Buffett - “How to turn 5 $ into 5 billion. Tactics and strategy of a great investor."

Although the business world is subject to constant change, the principles of investment that the author outlined in his work remain unchanged. Robert Hagstrom's Investing Book will help every investor, both new and experienced, understand and apply the investment strategies that brought Buffett great success over his fifty years of investing.

The next book on investing, which also belongs to the category of the best literature for investors, “The Intelligent Investor,” was written by Benjamin Graham, a world-famous economic figure and professional investor. Graham was also often called the “Father of Values-Based Investing.”

Book "The Intelligent Investor", in everyday life is one of the books that everyone who wants to intelligently use all the opportunities of the stock markets and increase their own capital should have on their bookshelves. This book is considered a kind of “Bible” among successful investors.

This work provides readers with the opportunity to take advantage of working investment techniques that were based on price comparisons and real value indicators of securities. “The Intelligent Investor” examines the fundamental difference between what speculation and investment activity are, describes the types of investors, the features of various investment strategies, and much more. etc.

List Warren Buffett's book continues the best literature for investors"Essay on investing, corporate finance...". As we said above, the author of the book has been among the outstanding millionaires for many decades, and his approaches to investment activities have long been a standard for millions of investors from all over the world.

To make it easy to find information, all essays are divided into separate categories that cover the secrets of analysis, inside views, investment approaches, market cycles, descriptions of great crashes, lessons and other detailed advice from financial gurus.

Books on investing - our conclusions

Most people have a desire to increase their net worth in order to become confident in the future and be financially independent. But in our time, investment activity is more of a necessity than an auxiliary source of income or a luxury. Therefore, start reading books on investing, and then move on to making real money, because today it is important not only to accumulate a mechanically certain amount, but also to make sure that it can bring you profit.

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Investing in your brains - the answer from billionaire Peter Daniels

Good day, readers of the blog about trading. will be interesting to read for both speculators and investors. Who wouldn't want to invest money like Warren Buffett? But he is among the top richest people in the world. Buffett himself claims that his investment principles are 85% from the teachings of Benjamin Graham and 15% from Philip Fisher. Now you understand in which direction you need to work. Every trader should bet their trading capital responsibly and in a variety of ways, so everyone can benefit from books on investing.

Many may be surprised that this book was given first place. But I focus my rating of investing books on beginners, so I think this copy will be the best example. V. Savenok very easily and in accessible language describes different methods and methods of investing. Moreover, all this is presented on the basis of the risk tolerance of three different people. Overall, I found this book clear and accessible to most beginning investors.

What can we say here? This is the investor's Bible. The book was published in 1949, and since then has been in the hands of all successful investors. In this book, you will learn the true difference between investing and speculation, how a passive and active investor works, and what value investing is. Ben Graham is considered the father of value investing and this is one of his best works.

This book on investing has gone through several editions since 1934 and is considered today #1 in securities analysis. This is another great creation by Ben Graham. Described here practically all the techniques by which Warren Buffett, as a disciple of Graham, was able to make his fortune. How to look at stocks as a business? How to evaluate a company's true assets? How to do value investing? All this is described in this book.

Warren Buffett claims that his investment principles are 15% inspired by the teachings of Philip Fisher. What is their meaning? Fisher introduced his innovations in securities analysis by preferring the financial statements of the company, conversations with employees of the business of interest to him, its competitors and suppliers. It was in how people thought about the company that he saw the future of its stock. That's why Buffett says he invests in stocks he understands and management he trusts.

Bernstein is a portfolio manager. If all the books on this list teach you how to invest in a few top stocks, here you will find advice on how to distribute your savings between stock indices, bonds and even markets of different countries to get the maximum return for moderate risk. That is, the main emphasis is on the “buy and hold” strategy to obtain the best return on the money invested. In general, for those who do not want to bother with financial statements, but want to be able to competently compile an investment portfolio, this book is best suited.

One of the most accessible and understandable books that is easy to read. This is supported by the words on the opening page: “How to use what you already know to make money in the market?” Peter Lynch is one of the world's top mutual fund managers, and he will show you how the individual investor can find a 10x (Lynch's phrase) - a stock that will grow 10 times in the future. After making recommendations on stock selection, he will give advice on when it is best to enter the market and when to exit. All investors and traders will be interested in this book on investing.

Buffett, CEO of Berkshire Hathaway, says: “Give your shareholders as much information as you would like to receive yourself.” The book is a collection of letters from a great investor to his shareholders, which reflect his entire investment philosophy. Many phrases and expressions from the book have become aphorisms. In my opinion, of all the books written about Warren Buffett, this one ranks firmly at the top. By the way, in 2011, Buffett’s autobiography from the author Alice Schroeder was translated into Russian.

This book is worth reading for two reasons: the author is a successful investor and also an Ivy League teacher. There are all the makings of creating a truly useful and workable investment guide. The strategy proposed by Greenblatt brings his company 40% per annum, and as the author himself claims, it will work even if it is known to everyone. In general, read and draw your own conclusions.

Conclusion

The ones presented in this list are the ones I found most useful to me. Therefore, I recommend them to you too. Of course, there are many other benefits. If you have a question: “Where to start?”, then I would recommend to start: Savenok, Lynch, Greenblatt. Here you do not need to have extensive knowledge of economics or master different financial terms. The material is presented in an easy, specific and accessible manner. I consider the most complex book to be “Security Analysis” by Ben Graham, where good financial preparation is required. However, all the investing books presented on this page are accessible to everyone and are worth the time spent on them. Trading Blog thanks for your attention. Be successful!

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Today I will talk about, in my opinion, the best books about investments and investing.

The topic of investment in books is very popular. Robert Kiyosaki’s books (“Rich Dad’s Guide to Investing”) are popular, and there are a lot of good reviews about the book “The Path to Financial Freedom” by Bodo Schaefer, but I want to talk about books on investing directly, going deeper into the topic.

Benjamin Graham "The Intelligent Investor"

A literary bestseller on the topic of investment, which became a classic when it was first published in 1949.

Its first edition was published back in 1949, since then this book has become a classic. This book will tell you the difference between speculation in the stock market and investment, tell you about passive and active investment strategies, and much more. I recommend starting with it.

Warren Buffett "Best Investor in the World"

Warren Buffett is the most famous and richest investor in the whole world!

His book in Russian translation appeared in stores in 2011. In essence, the book is biographical; it tells not only about the invaluable experience of a famous investor, but also the entire life of the author. A very thick but very inspiring book that allows you to learn from the best of the best.

The full title of the book is “The Dancer Investor. How I Made $2 Million in the Stock Market" shows us that the author is not a boring theorist, but a person who has earned money and is ready to share. The author of the book is a professional dancer who became interested in investing, which once again shows that investing is also suitable for ordinary people.

The book has had many reprints and continues to be a bestseller on the topic of investment.

Darvas talks not only about investments, but also about the structure of the stock market.

By the way, it was Nicholas Darvas who invented technical analysis.

"Investments" William F. Sharp, Gordon J. Alexander, Jeffrey W. Bailey.

This book is ideal for those who want to invest better and better, but do not want to delve into technical details. Despite this, the book contains a lot of useful information; it will tell you how to create your own investment account in half an hour and manage it as well as professionals. There are also chapters devoted to risks and many other interesting points.