Five “Must-Have” Books for Investors

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Fidelity Investors’ Weekly has a list of the five “must have” books for investors. I have only read one of them (Lefevre’s) and have the Graham book on my “will read eventually” list. Their five:

  • Reminiscences of a Stock Operator (revised 1993) by Edwin Lefevre
  • How to Make Money in Stocks (revised 2002) by William J. O’Neil
  • The Intelligent Investor (revised 2003) by Benjamin Graham
  • One Up on Wall Street (1989) by Peter Lynch with John Rothchild
  • The Essays of Warren Buffett (2001) by Lawrence A. Cunningham

These five books are all classic investing tomes that, with the exception of the Buffett book, were written more than one cycle ago and have stood the test of time. I am disappointed in one book that didn’t make the list. It’s my favorite investing book. I picked it up in 1999 and after reading it, looked around and laughed at the tech investors paying billions for stocks in companies that didn’t really exist. It shouldn’t be a surprise what it is. Guessed it yet?

  • Extraordinary Popular Delusions & the Madness of Crowds by Andrew Tobias (Foreword), Charles Mackay (Author)

It’s a fantastic book that I think should be required material in any finance/investing course.


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