Want your own investment library? Here is your list of ‘must-reads’

Julie Brownlee, Fsp Invest, 27 Feb. 2014

Tags: investing, books, must reads, investment library, investment books, education, warren buffett, investment education, stock market, stock market novice, wealth, wealth building,

If you want to start buying books about investing, you’ll be amazed with the huge array available. But which ones are worth reading? From the thousands out there, there are only a handful that can truly help you build on your investment education. Read on to uncover which seven books are worthy of a place on your shelf…

The first step in growing your own wealth

Not only are these books easy-to-read, they show you how to find great businesses, how much you should pay for them and how to grow your wealth, Dan Ferris in Daily Wealth explains.

These books are all available on Amazon. If you want to buy them from Amazon, by accessing the UK or US sites, you will be able to arrange international delivery.

Let’s get started…

Seven investment books you should own

Book #1: The Elements of Investing by Burton Malkiel and Charles Ellis
This book covers the basics of investing, including a crucial aspect, saving money. It also covers notable topics like compounding, diversification, avoiding blunders and keeping your investment strategy simple. This book is essential reading for the novice stock market investor.

Book #2: One Up on Wall Street by Peter Lynch
This books shows you how to think about the overall stock market and how to spot good businesses to buy. Peter Lynch is famous for encouraging investors to buy what they understand.

Book #3: Beating the Street by Peter Lynch
This book goes into more detail about specific industries. This includes retail, real estate, savings and loan, cyclical industries and restaurants. Peter Lynch also reveals his 25 golden rules of investing.

Book #4: The Little Book that Still Beats the Market by Joel Greenblatt
This shows you how to buy good businesses at cheap prices.

Book #5: F Wall Street by Joe Ponzio
This book contains a great second section called How to Approach Investing from a Business Perspective. And a great chapter on valuing businesses. His advice is extremely useful in assessing value creation of a business.

Book #6: How to Value a Business by Frank Singer
This book shows you a simple formula for valuing businesses. And it looks at why companies buy others out.

Book #7: You Can Be a Stock Market Genius by Joel Greenblatt
This books shows you how to find great shares.

And don’t forget to read through Warren Buffett’s Berkshire Hathaway letters. It won’t cost you a cent and it’s world-class educational material.

So if you want to start building long-term wealth in shares, these books can help you achieve that.

Related QA

d.c.heger asked:
MY QUESTION IS – I bought Bitcoin & Etherium some time ago – at first they grew nicely but now they are lower than what I paid for them. Should I [read more]
Published at 04 Apr. 2018 in: Investing 5 shares due to rocket 1 Answer
kavesh.maharaj.73 asked:
Hi Josh. I would like some advice on TFSA. I can get an interest rate of 7.8% nominal at a bank if I invest the R33k upfront in a fixed deposit [read more]
Published at 19 Mar. 2018 in: Investing Tax free savings vehicle 2 answers
kavesh.maharaj.73 asked:
Hi Josh Quantum wants to buy back shares from shall investors at what I think is a low price of around R3.86. You tipped the share in February [read more]
Published at 14 Mar. 2018 in: Investing Real wealth 5 answers
elizastrydom asked:
Hi Timon I am interested in registering for your Red Hot Storm Trader service. I am already a Red Hot Penny Shares investor. My question is [read more]
Published at 28 Feb. 2018 in: Investing Trading platform and broker 1 Answer
ManuE asked:
I have an interest in investing in Bitcoin, I just don't know how. If I buy Bitcoin with R15 000, how much can make (Return On Investment)? [read more]
Published at 25 Feb. 2018 in: Investing Investment 1 Answer

Related articles: