It can be difficult to narrow down the best investing books, there are more than 75, books written just on market behavior and the various aspects of investing. More often than not these books deal with age-old concepts which were once a fad and have long been forgotten. In this particular article, I would like to focus on books which have stood the test of time and are absolute classics.

I will also be omitting books which specifically focus on investment methods like technical analysis for instance, to any proponent of market action being random, reading about techniques which are based on the likelihood of chart patterns repeating themselves might not prove a prudent use of one s time or efforts.

If you are looking for something that will improve your ability as an investor, here are some books I liked and feel could useful to learn about investing.

10 must-read books for stock market investors and why - The Financial Express

Keep in mind that if investing were easy as buying a book and reading it, we could all be rich. This was written by Burton Malkiel back in Yes, that was over 40 years ago but his concepts still hold true today. In fact, I would list Random Walk as a must-read book for both beginners and seasoned investors alike.

What makes Random Walk one of the best investing books is that it simplifies difficult material for anyone to understand. Thinking, Fast and Slow is a best-selling book by Nobel Prize in Economics winner Daniel Kahneman which summarises research conducted over decades, often in collaboration with Amos Tversky.

Basics of Indian Stock Market & Intraday Trading Tips

Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. This book was written by Benjamin Graham in , What makes Intelligent Investor one of the best investing books for beginners is that it talks at length about how to focus on the long-term health of a company or holding as a way to limit your risk.

Again, the focus is on long-term wealth-building strategy and not chasing gains.

This book by Phili Fisher outlines the philosophies held by him, an influential and oft-quoted investor. This book dwells into the psychology of a stock trader. This book by Roger Lowenstein sheds insight into the ways and means of the Oracle of Omaha.

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This book by Jack Schwager contains four parts covering interviews with traders in a wide range of markets. The interviews contain a mixture of facts about the trading careers of the interviewees, their philosophy, and many trading anecdotes. This book by Nassim Nicholas Taleb deals with the fallibility of human knowledge.

Taleb through his book sets forth the idea that modern humans are often unaware of the existence of randomness, as they tend to explain random outcomes as non-random. This book by Scottish journalist Charles Mackay, first published in , chronicles its subjects in three parts: MacKay was an accomplished teller of stories, though he wrote in a journalistic and somewhat sensational style.

Bear in mind, my investment philosophy is based more on reading crowd behavior and behavioral finance, most reading materials in the above mentioned list will focus on being able to gauge sentiment as compared to other investing techniques popularised by modern day technical analysts.

May 28, 5: A Random Walk Down Wall Street This was written by Burton Malkiel back in Thinking fast and slow Thinking, Fast and Slow is a best-selling book by Nobel Prize in Economics winner Daniel Kahneman which summarises research conducted over decades, often in collaboration with Amos Tversky.

The Intelligent Investor This book was written by Benjamin Graham in , What makes Intelligent Investor one of the best investing books for beginners is that it talks at length about how to focus on the long-term health of a company or holding as a way to limit your risk. The Making of an American Capitalist This book by Roger Lowenstein sheds insight into the ways and means of the Oracle of Omaha.

Market Wizards This book by Jack Schwager contains four parts covering interviews with traders in a wide range of markets. Fooled by Randomness This book by Nassim Nicholas Taleb deals with the fallibility of human knowledge. Extraordinary Popular Delusions and the Madness of Crowds This book by Scottish journalist Charles Mackay, first published in , chronicles its subjects in three parts: Views expressed here are personal.

I've also sorted out 11 books that will change the way you look at stock market. Would like to hear your views -. International Yoga Day The Express Group The Indian Express The Financial Express Loksatta Jansatta inUth Ramnath Goenka Awards. Privacy Policy Advertise with Us Contact Us Feedback.