Read and Learn About Investing
Last week we listed some valuable books for investors. Here are a few more great reads that can help you grow your wealth:
“Why Smart People Make Big Money Mistakes and How to Correct Them” by Gary Belsky (Simon & Schuster, $16). This behavioral finance book can keep you from sabotaging your financial performance.
“The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns” by John C. Bogle (Wiley, $25). Investing in index funds is the best road to riches for most people, and Bogle offers clear and concise guidance on that.
“The Little Book of Value Investing” by Christopher Browne (Wiley, $25). Warren Buffett and The Motley Fool agree that value investing is a highly effective way to invest, and this concise book offers a great overview of it.
“Money Masters of Our Time” by John Train (HarperBusiness, $16). This is a great way to familiarize yourself with many of the best investors, such as Warren Buffett, John Templeton, Benjamin Graham and Philip Fisher. The easy-to-read book is packed with anecdotes and important lessons.
“The Investor’s Anthology: Original Ideas from the Industry’s Greatest Minds” by Charles D. Ellis, ed. (Wiley, $21.50). This book offers anecdotes and observations from a wealth of economic and business giants such as John Maynard Keynes and P.T. Barnum.
“Common Stocks and Uncommon Profits” by Philip Fisher (Wiley, $25). This book advocates buying outstanding companies for the long term, and Fisher’s “Fifteen Points to Look for in a Common Stock” are a must-read for investors.
“The Innovator’s Dilemma” by Clayton Christensen (HarperBusiness, $18). This book bridges technology and investing, explaining how great companies can become disrupted almost overnight.
“Business Adventures: Twelve Classic Tales from the World of Wall Street” by John Brooks (Open Road Media, $19). Cited as a favorite by Bill Gates and Warren Buffett, this book offers insights into business history and strategy through some colorful stories.