You may have definitely heared of successful investors like Warren Buffet, Rakesh Jhunjhunwala, John Templeton etc. What has made them so much successful? The answer can be their knowledge, thinking ability, awesome maths and research abilities. These successful personalities have paid very high attention on skill building and learning. They are constantly leaning through their surrounding and books. Here is a list of top 7 books you should read to make smart investment and become successful:
1. The Intelligent Investor
Ratings: 4.2/5 (Goodreads)
The |Intelligent Investor is a book written by a very successful investor Benjamin Graham. He is known as the father of value investing. This books is very nice and recommend to learn about investment. This book may not eventually make you a millionaire, but may help you to maintain your consistency and invest in a defensive way in the stock market. This book may help you to predict new possibilities in the stock market and pick the right stock. This book is also recommended by Warren Buffett. He regard this book as the best book on value investing.
2. The Essays of Warren Buffet Lessons for Corporate America
Author: Warren Buffet
Ratings: 4.4/5 (Goodreads)
This book is written by Warren Buffett, the most successful investor of the world. Every year Warren Buffet wrote letters to his shareholders, sharing his views about market and all informal learnings. This book is a collection of essays of over 50 years.
Buy The Essays of Warren Buffet Lessons for Corporate America on Amazon
3. One Up on the Wall Street
Author: Peter Lynch, John Rothchild
Ratings: 4.2/5 (Goodreads)
It is a very well written book written by experienced investors. It tells you about how to invest, where to invest, how much to invest, when to sell etc. This book teaches you various statistics and is very helpful if you are confused about which stock to buy. The book contains many example through which you can learn easily.
4. Rich Dad Poor Dad
Author: Robert Toru Kiyosaki
Ratings: 4.1/5 (Goodreads)
This book is very much recommend to gain financial knowledge. It teaches you how to create assets, how to recognise assets. This books very well distinguishes between rich and poor thinking and how can you become rich. This book does not contain anything related to stock market but teaches you money management.
5. Charlie Munger: The Complete Investor
Author: Tren Griffin
Ratings: 3.9/5 (Goodreads)
This book is written by Tren Griffin on the investing style of Charlie Munger, the vice chairman of Berkshire Hathaway and a finance partner of Warren Buffett. Charlie Munger is influenced by Benjamin Graham his idol. There are different quotes in this book by Munger. Munger clears his investment point of view and misjudgment caused by media. This book describes the behaviour of Charlie Munger in the field of investment. Munger's approach in investment is clear and an ordinary investor can understand it.
6. A Beginner's Guide to the Stock Market: Everything You Need to Start Making Money Today
Author: Matthew Kratter
Ratings: 4.2/5 (Goodreads)
As the name suggests this book is for beginners, a perfect choice for those who have not traded before. The book regards stock market as the money making machine. This book is good if you want to become friendly with investment terms, it helps you to avoid mistakes that usually a beginner do, generate passive income from the stock market and different investment strategies.
7. Investonomy : The Stock Market Guide that makes You Rich
Author: Pranjal Kamra
Ratings: 4/5 (Goodreads)
Do you want to be a billionaire using stock market or you fear of having losses in stock market then this book is for you. This book teaches you from beginner to advanced level, it covers the topic well and give examples for every situation that you can encounter in stock market. This book is written by an Indian and covers more details about Indian market.
These books are really helpful whether you are beginner or an advanced investor. Learning is what that makes everyone successful.
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