12 of the best investing books, from deep dives to lighter reads
By James Royal, Ph.D., Bankrate
As you’re learning how to invest, one of the best strategies for advancing quickly is to learn from the masters. Rather than repeating the same old mistakes of new investors, it’s useful — and it saves money — to gain the insight and wisdom of the experts. For the cost of a book, you could save thousands of dollars by making smart investing decisions and avoiding dumb ones.
Below are some of the best investing books. Some are deep dives that have stood the test of time and continue to reward new readers with the wisdom of investing masters. Some are lighter reads that tell more recent stories from other voices and offer different perspectives.
Deep dives: Investing books that zoom in
1. “The Intelligent Investor: The Definitive Book on Value Investing”
“The Intelligent Investor” by Benjamin Graham is like a shorter, more readable version of Graham’s other famous book, “Security Analysis” (co-authored with David Dodd). Graham is considered the father of value investing, an investing style where practitioners are looking to buy $1 for $0.75 or less, and he was a key mentor for legendary investor Warren Buffett, who contributed to a later edition. Here Graham shows you how to think sensibly about investing and how to avoid the mistakes of so many inexperienced investors.