Wanted to learn about investing in stock market and looking for the best stock market books for beginners?
Well, I heard you, and have come up with list of 10 Best Stock Market Books For Beginners and Intermediate Investors.
If you wanted to learn investing in stock market or technical stuff like trading in the futures and options, learning chart patterns, etc.
I have some of the best recommendation to learn all these stuff from different books.
So let’s get started!
Table of Contents
Best Stock Market Books For Beginners
For Investors
If you wanted to learn how to invest in the stock market, how to read balance sheets, how to understand the fundamentals of any company, and much more then I have prepared a list of best stock market books to learn investing for beginners and pro both.
1. One Up On Wall Street By Peter Lynch
One Up On Wall Street By Peter Lynch is one of the most selling books to learn stock market investing worldwide.
Peter Lynch who is one of the renowned investor and was the fund manager at Fidelity Magellan Fund, where using his exceptional skills he not only beat the index but made the Fidelity Magellan Fund as the best performing fund in the world from 1977 to 1990 and then he got retired.
It is the best book on stock market investing for beginners that teaches how you can just use your common sense and logics by seeing what is going on around you, which company stores are filled with customers, which products are trending and most talked between the people, etc. to invest in the stocks.
He gives a lot of his examples where he beat the most renowned and experinced investors and fund managers using this common sense investing in stock market.
2. Beating The Street By Peter Lynch
Beating The Street By Peter Lynch is his second and again a one of the most selling books on stock market investing.
Unlike his previous book, Lynch this time in this book go one step deeper and talks about how you can evaluate a company business, its fair value, etc.
He gives an in-depth correlation between a company’s operation performance and it’s stock performance in long term.
In short, he has given a lot of golden tips to find and know which company can give a multi bagger return and that too not one the basis any intuition or so called public demand but on the logical basis of the company business and it’s numbers.
3. The Intelligent Investor By Benjamin Graham
The Intelligent Investor By Benjamin Graham is one of the most popular book in the stock market investors community world wide.
Benjamin Graham was the Investing Mentor of Warren Buffett. He is the the one who taught the investing principles to Warren Buffett (One of the top 10 richest person in the world).
To teach those exact principles to everyone else, Benjamin Graham launched this book where you learn what is a stock market, how it works, how the prices of the stocks are determined, when to buy or sell a stock, etc.
Hence, if yo wanted to learn basics of stock market or some advanced stuff too this book covers both.
4. Coffee Can Investing By Saurabh Mukherjee
Coffee Can Investing By Saurabh Mukherjee is one of the best Indian stock market books that talks about the long term investing in some of the best companies for a decade or more to get some amazing returns out of it.
Saurabh Mukherjee is one of popular Indian Investor and chief investment officer at Marcellus.
The basic principle Saurabh, discuss in this book is of buying and forgetting the good companies for a long term wealth building because the companies who have strong competitive advantages always tend to outperform the market in longer run.
He provided some checklist to know which company can outperform if the fundamentals remain same in long term.
This way you can build the wealth passive doing a lumpsum investment in such companies.
5. Poor Charlie’s Almanack By Charles T. Munger
Poor Charlie’s Almanack By Charlie Munger is not only one of the best book for stock market but also one of the best book to become successful as an entrepreneur or in your career too.
Charlie Munger the partner of Warren Buffet and the X manager at the Berkshire Hathaway is some of the rarest people praised worldwide due to his financial and life wisdom.
That’s the exact wisdom Charlie, has tried to give everyone through his book, that initially talks about Charlie’s life from a kid to becoming a pro investor.
Thereafter he talks about some life wisdom if you apply properly in your investing career can give you multifold returns.
6. The Essays of Warren Buffett By Lawrence A. Cunningham
The Essays of Warren Buffett By Lawrence A. Cunningham is one of the less talked book but got some real treasure inside it.
Well, this book is not a book completely rather then it is compilation of some of Annual letter Warren Buffett writes every year to its shareholders of Berkshire Hathaway.
There he share’s a lot of insights regarding the business, economy, promoter of the company, etc. that gives the direction to the investors in selecting a good company for investing.
Thus, if you are a pro or go deep inside learning and understanding how businesses work and why some investment perform exceptionally then other then you must read this book and the annual letter of Warren Buffett.
For Traders – Best Trading Books
If you wanted to learn stock market trading, the technical analysis, reading charts, etc. then I have gotten some best stock market trading books for you too.
But do remember stock market trading is highly risky and only 1-2% people get success in long term after loosing a lot of their time & money.
1. Encyclopedia of Chart Patterns by Thomas N. Bulkowsk
Encyclopedia of Chart Patterns by Thomas N. Bulkowsk is one of the best trading chart patterns book.
Thomas in his book, discusses about 23 different chart patterns form on the stock market trading screens at different point of times like quarterly results announcements, some big corporate updates, etc. and how you can track that chart pattern to get quick profit from your trade.
Although this book is length and heavy, but it carries a lot of guidance especially if you focuses more on charts and technical analysis.
2. How I Made $2,000,000 in the Stock Market by Nicolas Darvas
How I Made $2,000,000 in the Stock Market by Nicolas Darvas is one of the best price action trading books as per me.
Nicolas Darvas who was a dancer, invested his money in some of the stocks hitting their 52 weeks high and developed a system he named “The Box System” using which he earned $2 Million in mid Nineties.
He talks about what is the best to time to buy a stock or sell it, how to know when should you buy a stock, etc.
If you wanted to learn price action, intraday trading, or psychology of trading into stocks then you must read this book because Nicolas has shared some great insights that are still very much relevant and that can help you in taking the right decision in your investing journey.
3. Technical Analysis of The Financial Markets By John J. Murphy
Technical Analysis of The Financial Markets By John J. Murphy is one of the best option trading books and for price action formation.
John through this book taught what is actually a technical analysis and how you can use it in the stock market for trading futures and options and get benefit out of it.
Not only this, he discuss about different technical indicators, their uses, reading candlestick formation on the charts and much more.
So no matter if you are a beginner or pro you must read this book if you wanted to walk ahead in your trading journey.
4. How to Make Money in Stocks: A Winning System in Good Times and Bad
Finally, in our list I have a one of the popular stock market books for both investor and trader this time.
How to Make Money in Stocks: A Winning System in Good Times and Bad by William J. O’Neil is perfect book if you wanted to learn a bit of both investing and trading as I mentioned, because this books teaches you some of the proven techniques of price action trading.
It also put stress on how you can select a good stock, mutual fund, ETF using your investing and trading brain and much more.
Final Words – Best Stock Market Investing And Trading Books
Investing is a long journey where you should keep learning and reading even from the same books you have read earlier because many time we forget the basic fundamentals in financial journey due to which we are unable to become successful investor and trader.
That’s why I have compiled some of the best stock market books for investors and some best trading books who are more interested in learning trading.
Do note, the investing is easiest path to achieve financial freedom thus, if you are a beginner I will highly recommend to stay from trading and keep reading these stock market books on investing.
Disclaimer: The Honest American provides financial education, investing strategies, & stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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