So you have decided to be an investor. Do not know where to start? Don’t worry about it. Like every discipline, the best way to learn about it is to start reading. Here are the top 5 books to read for anyone who wants to be a serious investor.
Rich Dad, Poor Dad
This book is extremely useful for people who have no finance or investing background. If you want to teach you kids about money, this is also a great book to start. It teaches us how we differentiate our assets and liabilities. More importantly, it teaches us how to start growing our assets and control our liabilities.
The Intelligent Investor
Known as the father of investing, the mentor to Warren Buffett, Benjamin Graham’s Intelligent Investor is a reading requirement for anyone interested in pursuing financial freedom. The simple concept of viewing a stock as a part ownership of a business might be the very idea that changes your perspective on equity investments.
The Warren Buffett Way
Ready to learn the rope of investing? Robert Hagstrom broke it down for us, looking at how Warren Buffett looks at his investment. The book is the key of knowing the great success behind Warren Buffett’s amazing investment record.
Common Stocks and Uncommon Profits
Investing is both an art and a science. Philip Fisher is probably the best author in the field of understanding the “Art” aspect of investment. Running through his thought process of how to analyse the qualitative part of a company, Fisher allows us to have a structure process of analysing a company.
The Five Rules For Successful Stock Investing
This is not a very common book. However, the presentation of this book is so good that it allows new investors to understand the important factors when investing and the pitfalls to look out for. As a bonus, it show us how each industry differs from one another and how investors can value them.
Value In Action
Investing is a dynamic and constant learning process. There are endless books to read and investors should take an open mind, read more, and adapt those that are useful for you in your investment journey.
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All views and opinions articulated in the article were expressed in Stanley Lim’s personal capacity and does not in any way represent those of his employer and other related entities. Stanley Lim does not own any shares in the companies mentioned above.