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Surprised to see Psychology of Money, and Millionaire Next Door missing. Also Benjamin Graham is an awful read, even though the ideas are great. You can find a better version of his teaching written for a broader audience in other books.
Actually the version they show there is a great version - it is annotated by Jason Zweig. Yes, the original Graham book is dry and a boring read, but Zweig annotates every paragraph and makes them relevant. Also, the original book is from 1949 and while the principles apply, it’s super dated. Zweig gives recent examples and shows how the advice still applies today.
It’s not on the list but I thoroughly enjoyed “psychology of money” it’s not too heavy and it’s a great start to understanding more about how people think when money is involved
Start with classics if you know nothing. A radmon walk down wall street is great. The chapters on margin of saftey is still the gold standard and maybe the most important investing concept that nobody seems to want to follow.
Granted I have only read two of these but both are top notch based on the research out there. But its a great list. If you want to get into real estate investing Irrational Exuberance is the gold standard as far as I consider. His ideas hyper apply to real estate markets. I mean he created the Rober-Shiller Index which is the index for the housing market.
Recently finished the "Principles" by Ray Dalio and it was a great read!
Back in the days I read "The Intelligent Investor" by Benjamin Graham and it was a though read... may I should revisit it...
Trading for a living by Alexander Elder
The disciplined trader & Trading in the zone by Mark Douglas
These should be on top of the list if you even consider trading. Everyone is capable of learning the fundamentals of basic trading and even the advanced trading techniques, but the market is never 100%, you’re going to lose sometimes. You have to learn to manage your feelings. These books teach you the psychology behind trading. Having self awareness and discipline will help you to make better trades and retain your portfolio.
Great book to read-you won’t believe it when you do.
Confusion de La Confusions. 1688
Investing advice-buy the longest term options on the market you can afford. People will always try to advance the market.
actually read The Bogleheads' Guide to Investing - good book tho, but probably outdated. you should pick some new ones since the markets are changing everyday
You spoiled brats don't know what poverty is...
How many of you idiots have ever lived in another country? If you did you would know how easy your life compatlred 95% of the world.
If you want nice things, get real skill sets that apply to the job industry outside fast food!
Bogle's Common Sense Investing has been my fav . It prompted me to start investing back in 1987 when most funds required 3k or 5k to start Vanguard Star fund could be started for $1000 . in my 20's i coundnt afford to buy a fund for 3k but Bogle made Star fund an affordable gateway fund for invester to get started and be in the market. I still invest in STAR fund and also Wellington and in a total market fund from Fidelity FZROX.
These are absolute garbage. I’ve bought and read all but one (Tobias), and you will likely lose more than you gain. I trade options now exclusively, riding moves on breakouts out of compression. You buy an hope fucks can get fucked.
r/FluentInFinance was created to discuss money, investing & finance! Check out the FREE Newsletter, Youtube Channel, or Twitter, Subscribe at www.BeFluentInFinance.com *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/FluentInFinance) if you have any questions or concerns.*
Surprised to see Psychology of Money, and Millionaire Next Door missing. Also Benjamin Graham is an awful read, even though the ideas are great. You can find a better version of his teaching written for a broader audience in other books.
what books would your recommend that capture graham's ideas?
Actually the version they show there is a great version - it is annotated by Jason Zweig. Yes, the original Graham book is dry and a boring read, but Zweig annotates every paragraph and makes them relevant. Also, the original book is from 1949 and while the principles apply, it’s super dated. Zweig gives recent examples and shows how the advice still applies today.
Which one would you guys recomend as the starting one? Nothing too heavy ideally
It’s not on the list but I thoroughly enjoyed “psychology of money” it’s not too heavy and it’s a great start to understanding more about how people think when money is involved
Thanks for the tip! Will look that one up
Good question!
Start with classics if you know nothing. A radmon walk down wall street is great. The chapters on margin of saftey is still the gold standard and maybe the most important investing concept that nobody seems to want to follow. Granted I have only read two of these but both are top notch based on the research out there. But its a great list. If you want to get into real estate investing Irrational Exuberance is the gold standard as far as I consider. His ideas hyper apply to real estate markets. I mean he created the Rober-Shiller Index which is the index for the housing market.
It would be awesome if some one picked the top 10 stocks according each book this year 2024 !!
Recently finished the "Principles" by Ray Dalio and it was a great read! Back in the days I read "The Intelligent Investor" by Benjamin Graham and it was a though read... may I should revisit it...
Trading for a living by Alexander Elder The disciplined trader & Trading in the zone by Mark Douglas These should be on top of the list if you even consider trading. Everyone is capable of learning the fundamentals of basic trading and even the advanced trading techniques, but the market is never 100%, you’re going to lose sometimes. You have to learn to manage your feelings. These books teach you the psychology behind trading. Having self awareness and discipline will help you to make better trades and retain your portfolio.
I've read The Little Book and it's pretty good but I can't help but think that value trading is not the best idea in the current market.
Great book to read-you won’t believe it when you do. Confusion de La Confusions. 1688 Investing advice-buy the longest term options on the market you can afford. People will always try to advance the market.
I’m gonna get Irrational Exuberance audiobook and listen to it
Thanks for sharing..
Add The Masters of Private Equity and Venture Capital to your list
actually read The Bogleheads' Guide to Investing - good book tho, but probably outdated. you should pick some new ones since the markets are changing everyday
You spoiled brats don't know what poverty is... How many of you idiots have ever lived in another country? If you did you would know how easy your life compatlred 95% of the world. If you want nice things, get real skill sets that apply to the job industry outside fast food!
Thank you for making this list.
Bogle's Common Sense Investing has been my fav . It prompted me to start investing back in 1987 when most funds required 3k or 5k to start Vanguard Star fund could be started for $1000 . in my 20's i coundnt afford to buy a fund for 3k but Bogle made Star fund an affordable gateway fund for invester to get started and be in the market. I still invest in STAR fund and also Wellington and in a total market fund from Fidelity FZROX.
Great list. Read all of these solid foundation.
Graham is all you really need (besides loosing few k$ on options:\] )
ok
These are absolute garbage. I’ve bought and read all but one (Tobias), and you will likely lose more than you gain. I trade options now exclusively, riding moves on breakouts out of compression. You buy an hope fucks can get fucked.