Looking for best investing books to read? Years of experience, knowledge, ideas and strategies compiled into pages of words, reading is a fantastic way to get into the world of successful investors such as Warren Buffett, Charlie Munger, Peter Lynch, Philip Fisher, Howard Marks and so on.
Here is a list of books that we at ITP feels are good reads for investors or aspiring investors of different levels.
Investors with Little Time
The little book that builds wealth by Pat Dorsey
In The Little Book That Builds Wealth, author Pat Dorsey—the Director of Equity Research for leading independent investment research provider Morningstar, Inc.—reveals why competitive advantages, or economic moats, are such strong indicators of great long-term investments and examines four of their most common sources: intangible assets, cost advantages, customer-switching costs, and network economics. Along the way, he skillfully outlines this proven approach and reveals how you can effectively apply it to your own investment endeavors.
The little book of Common Sense Investing by John Bogle
To learn how to make index investing work for you, there’s no better mentor than legendary mutual fund industry veteran John C. Bogle. Over the course of his long career, Bogle—founder of the Vanguard Group and creator of the world’s first index mutual fund—has relied primarily on index investing to help Vanguard’s clients build substantial wealth. Now, with The Little Book of Common Sense Investing, he wants to help you do the same.
Gone fishing with Buffett by Sean Seah
The ideas of master investor Warren Buffett have been taught and propagated all around the world. But what you hear andread through others, Sean Seah has internalised and applied to compound hiswealth. He now shares the methodology of value investing in a simple, step-by-step format. Gone Fishing with Buffett is a great starter kit for investors who want to put their money to work.
One Up on Wall Street by Peter Lynch and John Rothchild
More than one million copies have been sold of this seminal book One Up on Wall Street on investing in which legendary mutual-fund manager Peter Lynch explains the advantages that average investors have over professionals and how they can use these advantages to achieve financial success.
Where are the Customers’ Yachts? Or A Good Hard Look at Wall Street by Fred Schwed
Humorous and entertaining, this book exposes the folly andhypocrisy of Wall Street. The title refers to a story about avisitor to New York who admired the yachts of the bankers andbrokers. Naively, he asked where all the customers’ yachts were? Of course, none of the customers could afford yachts, even though they dutifully followed the advice of their bankers and brokers. Full of wise contrarian advice and offering a true look at the world of investing, in which brokers get rich while their customers gobroke, this book continues to open the eyes of investors to the reality of Wall Street.
Investors with Some Time
The Five Rules for Successful Stock Investing
Written by Morningstar’s Director of Stock Analysis, Pat Dorsey, The Five Rules for Successful Stock Investing includes unparalleled stock research and investment strategies covering a wide range of stock-related topics. Investors will profit from such tips as:
• How to dig into a financial statement and find hidden gold…and deception
• How to find great companies that will create shareholder wealth
• How to analyze every corner of the market, from banks to health care
Why Moat Matters:
The Morningstar Approach to Stock Investing by Elizabeth Collins and Heather Brilliant
Why Moats Matter is a comprehensive guide to findinggreat companies with economic moats, or competitive advantages. Economic moats—or sustainable competitiveadvantages—protect companies from competitors. Legendary investor Warren Buffett devised the economic moat concept. Morningstar has made it the foundation of a successful stock-investing philosophy.
Beating the Street by Peter Lynch
Legendary money manager Peter Lynch explains his own strategies for investing and offers advice for how to pick stocks and mutual funds to assemble a successful investment portfolio.
Common Stocks and Uncommon Profits by Philip Fisher
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today’s financiers and investors, but are also regarded by many as gospel.
Warren Buffett and the Intepretation of Financial Statements by Mary Buffett and David Clark
With an insider’s view of the mind of the master, Mary Buffett and David Clark have written a simple guide for reading financial statements from Warren Buffett’s succccessful perspective.
The Most Important Thing: Uncommon Sense for the Thoughtful Investor by Howard Marks
Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world’s leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy.
Investors with A Lot Of Time
The Intelligent Investor by Benjamin Graham
The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham’s philosophy of “value investing” — which shields investors from substantial error and teaches them to develop long-term strategies — has made The Intelligent Investor the stock market bible ever since its original publication in 1949.
The Essays of Warren Buffett: Lessons for Corporate America by Warren Buffett
Investment in Singapore for Beginners
If you are looking for investment in Singapore for beginners, and if you want to prepare yourelf to take advantage of the opportunities the stock market presents you, you must first educate yourself. Chloe Lin, the founder of Invest Travel Play (ITP), was featured on Singapore national papers 联合早报 (Lian He Zao Ba) on 22 Aug 2018, which she actually shared a simple strategy to help readers to start investing safely with just $360 and building up your passive income in Singapore!