The investing books below are some of the best in the world. They’re the most famous investing books of all time. Some are old and others newer. Although, they’re packed with timeless investing wisdom. You can learn a lot from the world’s best investors.
Let’s dive into a review of each book below. You’ll see why they’re famous. You can also click on each of the books below for more details and reader reviews.
Most Famous Investing Books
1. The Intelligent Investor
by Benjamin Graham
The Intelligent Investor is easily one of the most famous investing books in the world. With timeless wisdom, it’s helped investors for close to a century. The author behind this book, Benjamin Graham, is considered the father of value investing. The Intelligent Investor is a must-read for anyone who wants to learn business and about building wealth. Within this book, you find an investing approach that’s simple. Successful investors are patient, disciplined, and focused on the long-term.
This investing book shows you how to manage the ups and downs in the stock market. It can help you avoid buying and selling on short-term news. You can learn to avoid emotional decisions and focus on a long-term plan. One of the world’s most famous investors, Warren Buffett, calls this “the best book on investing ever written.” The concepts and ideas in The Intelligent Investor are just as useful today as they were when the book came out.
2. The Little Book of Common Sense Investing
by John C. Bogle
The Little Book of Common Sense Investing is one of the best investing books. It also comes from a famous investor. Written by the founder of Vanguard, John C. Bogle, it gives you a guide to investing in businesses and building wealth. Bogle shows readers how to invest in a low-cost way that also doesn’t require any ongoing work. This famous investing book focuses on building a portfolio with index funds.
Bogle’s investing approach hones in on a key idea. He believes that most investors can’t beat market returns. Instead, you should focus on keeping costs low and investing in long-term trends. Bogle also shows you how to set up a diversified portfolio, avoid fees, and stay disciplined. Although, that’s hard to do in the face of bull and bear markets. If you haven’t already, add this famous investing book to your reading list. Learning these investing concepts can help you build a bigger portfolio.
3. Common Stocks and Uncommon Profits
by Philip Fisher
Common Stocks and Uncommon Profits is packed with insight for both new and experienced investors. It can help you track down great investing opportunities with lots of growth ahead. It’s a foundational book for many investors that’s stood the test of time. That’s why it’s one of the best investing books to read today.
Fisher’s can help you understand a company’s management, growth opportunities, and financial health. This is key for valuing businesses and deciding what to invest in. You’ll also learn about the scuttlebutt method. This includes researching companies beyond financial statements and disclosures. This adds to many value investing strategies to find better growth opportunities. Feel free to click on the book above to find more details and reader reviews.
4. A Random Walk Down Wall Street
by Burton G. Malkiel
A Random Walk Down Wall Street is another well-known investing book. It shows how to invest for better returns with a simple approach. Coming from a famous economist, Burton G. Malkiel, it’s a great read for any investor. He published this book in 1973, but it’s been updated many times to better align with changing market examples.
The main argument in this investing book is that it’s impossible to “beat the market.” Or more so, consistently beat the market. Instead, his strategy aligns with common advice from these other famous investing books. You should focus on the long-term and keep investing costs low. To do this, you can buy into index funds and diversify to better manage risk. This book gives readers a solid foundation for investing. With these pages, you’ll find an evidence-based approach to building your wealth.
5. The Big Short: Inside the Doomsday Machine
by Michael Lewis
The Big Short is an investing book that covers the 2008 financial crisis. Written by a former Wall Street trader, Michael Lewis, the book shows the crisis in an easy-to-read and entertaining way. Lewis recounts the stories from a small group of investors who predicted the housing crisis. This famous investing book is more recent than others. It shows you how investors went against the crowd and profited from the downturn. This investing book also highlights risky behavior from big banks.
With these famous pages, you’ll find flaws in the financial system. With any complex system, there are many misaligned incentives and greed can lead to bad outcomes. He also shows how to think about more complex systems and analyze trends to invest in. This more recent famous investing book has helped many people learn about the financial crisis. Feel free to click on the book above for more details.
6. The Essays of Warren Buffett: Lessons for Corporate America
by Warren Buffett
The Essays of Warren Buffett is a collection of writings about investing and the markets. You can learn a lot from one of the most successful investors, Warren Buffett. Edited by Lawrence Cunningham, this book compiles Warren Buffett’s annual shareholder letters. This gives you deep insight into his business and investing approaches. Buffett shares his ideas on investing, leadership, and building long-term wealth.
With this collection of essays, you can learn how to think like a business owner. Buffett shows readers how to evaluate companies and measure risks. This book can help you build a solid foundation for investing. It pays dividends to learn from legendary investors that have been willing to share their insights.
Famous Investing Books Review and More
Now you’re equipped with the most famous investing books of all time. Although, there are a few more that could make this list. You’ll find some overlap with our other book review lists below. Here are a few more to help improve your understanding of investing.
By reading just a few of these famous investing books, you’ll gain a deeper understanding of the markets. They can help you improve your finances and build wealth. If you have any questions, feel free to reach out.