Best books for before investing
"The Intelligent Investor" by Benjamin Graham:
Often referred to as the "bible of investing," this classic by Graham provides timeless principles on value investing and risk management.
"A Random Walk Down Wall Street" by Burton Malkiel:
Malkiel explores various investment strategies and challenges the idea of consistently beating the market, emphasizing the efficiency of the market.
"Common Stocks and Uncommon Profits" by Philip Fisher:
Fisher, a pioneer in the field of value investing, shares his insights on identifying high-quality companies and making successful investment decisions.
"One Up On Wall Street" by Peter Lynch:
Lynch, a legendary fund manager, offers insights into his investment philosophy and the importance of understanding the companies you invest in.
"Market Wizards" by Jack D. Schwager:
Schwager interviews successful traders in this book, providing a collection of stories and lessons from some of the best in the industry.
"Flash Boys" by Michael Lewis:
Lewis explores the rise of high-frequency trading and its impact on the stock market in this captivating narrative.
"The Little Book That Still Beats the Market" by Joel Greenblatt:
Greenblatt outlines his "magic formula" for investing, focusing on value and quality metrics to select stocks.
"Reminiscences of a Stock Operator" by Edwin Lefèvre:
A classic novel based on the life of legendary trader Jesse Livermore, providing insights into the psychology of trading.
"The Essays of Warren Buffett" by Warren Buffett and Lawrence A. Cunningham:
A compilation of Buffett's annual letters to Berkshire Hathaway shareholders, offering valuable wisdom on investing and business.
"Technical Analysis of the Financial Markets" by John J. Murphy:
Murphy provides a comprehensive guide to technical analysis, covering chart patterns, indicators, and other tools used in market analysis.