It is essential for investors whether they are professional traders or thinking of making their first investment that they understand investment rules and trends well, and be able to adapt to changes. Reading investment books is of great importance to investors, as it helps them benefit from the experiences, tips and ideas of successful investors, and know what they are doing and how and why they achieve success.
Good books are the most important sources for learning the basics and rules of investment, and their importance also lies in the fact that they raise the level of the individual's financial and investment culture. Awareness of investment mechanisms avoids the investor from falling into risks and enables him to make the best investment decisions.
Investing Books: 9 Books Recommended by Warren Buffett
Warren Buffett.. One of the world's third richest people, one of the world's most experienced investment giants. He recommends the 9 best investing books to read this year:
1. The smart investor.
When Buffett was 19 he got a copy of Benjamin Graham's book The Intelligent Investor, and it was one of the happiest and luckiest moments of his life, he says, because it gave him the framework for investing. Buffett considers it the best investment book and recommends reading it every time the market gets weak or strong. (See the summary and download an electronic copy)
2. Principles: life and work.
Time magazine chose investor Ray Dalio, the author of this book, to be among the 100 most influential people in the world. Work, life and finances in general.
This book was published in September 2017, and Bill Gates said it gave him "invaluable advice", which can be purchased from Amazon for $17.
3. The little book that conquers the market.
Authored by "Joel Greenblatt". This book (The Little Book that Beats the Market) focuses on the simplicity of the investment process, as billionaire Buffett previously explained that investing is a simple process, but it is not easy.
4. Ordinary shares and extraordinary profits.
To its owner, "Philip Fisher", in which he provides advice on ways to help create successful large companies.
“I am a keen reader of everything Phillip has to say, so I recommend you read his book, Common Stocks and Uncommon Profits,” Buffett says.
5. Stress testing: a look at financial crises.
Buffett says Tim Geithner's Stress Test: Reflections on financial crises is an important one for any manager to read. Directly about his experience leading a wing of the government during an economic disaster.
6. Essays of Warren Buffett.
American investor and businessman Warren Buffett is the greatest investor of the modern era, so this book, which includes a collection of articles written by Buffett over 50 years, is of great interest to investors.
Although the title is “Lessons for American Companies,” it includes shareholders as well, and the book provides an explanation of the relationship between companies and stockholders, so it is very useful for new investors, and it can be purchased from Amazon for $27.
7. The Little Book of Common Sense Investing
Jack Bogle is credited with founding the world’s first index fund, and this book, written by Bogle, includes strategies that enable investors to achieve the best returns on investment, and it is one of the books that Buffett recommended reading, saying, “A must read for big and small investors. It can be purchased from Amazon for $17.
8. Where are the customer yachts?
Buffett states that Fred Schweed's Where are the Customers' Yachts is one of the funniest books ever written on investing, and he declared in 2006 that it provides many really important messages on the subject.
9. Angels: How to invest in tech startups.
This book includes tips from angel investor Jason Calacanis on how to make profits from startups by investing in them against convertible debt or against equity. This book was published in 2017 and can be purchased from Amazon for $ 17.
This was a collection of the best investment books recommended by Warren Buffett, an investment tycoon to learn the principles of investing. And if you want to know what Buffett thinks, just read The Essays of Warren Buffett, which contains all his thoughts.
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