Recommended books on investing?

2

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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 1 March 2021 at 3:40PM
    ChilliBob said:
    Interesting thread, I've considered the Tim Hale one a few times, does it differ much from Lars' Investing Demystified? I read a recent revie suggesting Hale's book could do with an update, but it might just be one semi disgruntled review. 
    The Intelligent Investor by Benjamin Graham was first published in 1949. Still as relevant now as it was back then. Though will appear extremely dated to read!
  • Michael121
    Michael121 Posts: 166 Forumite
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    edited 1 March 2021 at 8:46PM
    To quote Warren Buffett,     "If past history was all there was to the game, the richest people would be librarians".

    An excellent book to start with , that you can dip in and out of is 

    HARRIMAN'S NEW BOOK OF INVESTING RULES

    The do’s and don’ts of the world’s best investors


    Contrasting views from across the investment world spectrum. Will enable you to start to formulate your own strategy.  Here's the contents. 

    Frank Armstrong - Investing from the Cockpit
    Glen Arnold - Investing Tenets of the Private Investor Who Trained the Professionals
    Martin Bamford - Britain's Bestselling Financial Planner on Dealing with Risk and Reward
    John Baron - Insights of an Investment Trust Expert
    Andy Bell - How to Be a Successful DIY Investor
    Alistair Blair - Eleven Quick Tips for Time-Limited Private Investors
    Michael van Biema - Concentrated Value Investing in Six Simple Steps
    John C. Bogle - Investing Insights of the $4 Trillion Man
    Anthony Bolton - Long-Term Lessons from a Legendary Run
    Jeroen Bos - How to Go Deep Value Diving for Bargain Shares
    Jonathan Boyar - Patience Makes Perfect
    Ashton Bradbury - Go Top-Down and Bottom-Up for Better Investing Outcomes
    Kathleen Brooks - Five FX Fixes to Trade Like the Best
    Mike Brooks - How to Be Genuinely Diversified
    David Buik - Reflections on a Life in the City
    Robbie Burns - The Naked Trader Laid Bare
    Richard Buxton - The Hard But Rewarding Art of Investing
    Tobias Carlisle - Zig When the Investing Crowd Zags
    Robert Carver - How to Invest Systematically
    Jonathan Clements - Nine Ways to Think Differently About Money
    Michael Covel - Ten Tenets of a Trend Follower
    Andrew Craig - How to Invest So That Crashes Don't Matter
    Sandy Cross - Six Tips for Talent-Spotting Active Fund Managers
    Lawrence A. Cunningham - Warren Buffett's Investing Rules
    Job Curtis - Successful Equity Income Investing
    Mark Dampier - Investing, Warts and All
    Elroy Dimson, Paul Marsh and Mike Staunton - Five Factors that Influence Investment Returns
    Stephen Eckett - How to Profit from Stock Market Anomalies
    Alexander Elder - Comments on Futures
    Scott Fearon - Stock Picking 101
    Ken Fisher - Invest By Knowing What Others Don't
    Anthony Garner - How to use ETF Trading Systems to Outperform the Experts
    Wesley Gray and Jack Vogel - Axioms of the Alpha Architects
    Tren Griffin - Charlie Munger's Investing Rules
    Robin Griffiths - Rules Beat Judgement: Trend Following With Technical Analysis
    Tim Hale - Four Simple Steps to Smarter Investing
    Ian Heslop - Five Bright Ideas for Taking the Bias out of Investment
    Andrew Hunt - Two Mice Fell in a Bucket of Cream - The Art of Contrarian Value Investing
    James Inglis-Jones - How Practising Your Process Makes Perfect
    Niels Jensen - Absolute Returns and the End of Indexing
    John Kingham - Dictums of a Defensive Value Investor
    Lars Kroijer - How to Invest Without Speculation or Sleepless Nights
    John Lee - Twelve Golden Rules for Making a Million - Slowly
    Nick Louth - Make Meaningful Returns with the Help of a Marvellous Mathematical Principle
    Yoram Lustig - Eight Questions You Should Ask Yourself Before Investing
    Chris Mayer - Four Simple Things You Should Do to Succeed in the Stock Market
    Tim Morgan - Risk and Return in an Age of Abnormality
    Charlie Morris - Everything is Connected: An Investor's Guide
    Ned Naylor-Leyland - The Wheel of History - and a Golden Future
    Matthew Partridge - What I Learned From Studying the Greatest Investors in History
    Jacob Rees-Mogg - Investing in Emerging Markets with Veins of Ice and Nerves of Steel
    David Schneider - Before You Invest in Businesses, Start a Business
    Edmund Shing - Know Thyself! And Pick a System to Suit You
    Peter Spiller - In Investing, Only the Short Term is Random
    Greg Steinmetz - Value Investing in the Age of Leonardo
    Tom Stevenson - Don't Lose Money - It's Hard to Replace
    Van K. Tharp - You Don't Trade the Markets: You Trade Your Beliefs About Them
    Nick Train - The Seven Pillars of Investing Wisdom
    Eoin Treacy - Investing in Explosions Waiting to Happen
    Pertti Vanhanen - Nine Home Truths of Property Investing
    Edgar Wachenheim - Learn to Love Common Stocks
    Todd Wenning - How to Keep Your Dividend Edge
    Gervais Williams - Make the Most of the Market Environment
    Craig Yeaman - Good Ideas Are Finite


    I read the top book in bold on your recommendation, just finished that actually. Really good book, i have found with some books they tend to bang on about the same thing all the way through and it gets quite boring but this one was fresh throughout.

  • To quote Warren Buffett,     "If past history was all there was to the game, the richest people would be librarians".

    An excellent book to start with , that you can dip in and out of is 

    HARRIMAN'S NEW BOOK OF INVESTING RULES

    The do’s and don’ts of the world’s best investors


    Contrasting views from across the investment world spectrum. Will enable you to start to formulate your own strategy.  Here's the contents. 

    Frank Armstrong - Investing from the Cockpit
    Glen Arnold - Investing Tenets of the Private Investor Who Trained the Professionals
    Martin Bamford - Britain's Bestselling Financial Planner on Dealing with Risk and Reward
    John Baron - Insights of an Investment Trust Expert
    Andy Bell - How to Be a Successful DIY Investor
    Alistair Blair - Eleven Quick Tips for Time-Limited Private Investors
    Michael van Biema - Concentrated Value Investing in Six Simple Steps
    John C. Bogle - Investing Insights of the $4 Trillion Man
    Anthony Bolton - Long-Term Lessons from a Legendary Run
    Jeroen Bos - How to Go Deep Value Diving for Bargain Shares
    Jonathan Boyar - Patience Makes Perfect
    Ashton Bradbury - Go Top-Down and Bottom-Up for Better Investing Outcomes
    Kathleen Brooks - Five FX Fixes to Trade Like the Best
    Mike Brooks - How to Be Genuinely Diversified
    David Buik - Reflections on a Life in the City
    Robbie Burns - The Naked Trader Laid Bare
    Richard Buxton - The Hard But Rewarding Art of Investing
    Tobias Carlisle - Zig When the Investing Crowd Zags
    Robert Carver - How to Invest Systematically
    Jonathan Clements - Nine Ways to Think Differently About Money
    Michael Covel - Ten Tenets of a Trend Follower
    Andrew Craig - How to Invest So That Crashes Don't Matter
    Sandy Cross - Six Tips for Talent-Spotting Active Fund Managers
    Lawrence A. Cunningham - Warren Buffett's Investing Rules
    Job Curtis - Successful Equity Income Investing
    Mark Dampier - Investing, Warts and All
    Elroy Dimson, Paul Marsh and Mike Staunton - Five Factors that Influence Investment Returns
    Stephen Eckett - How to Profit from Stock Market Anomalies
    Alexander Elder - Comments on Futures
    Scott Fearon - Stock Picking 101
    Ken Fisher - Invest By Knowing What Others Don't
    Anthony Garner - How to use ETF Trading Systems to Outperform the Experts
    Wesley Gray and Jack Vogel - Axioms of the Alpha Architects
    Tren Griffin - Charlie Munger's Investing Rules
    Robin Griffiths - Rules Beat Judgement: Trend Following With Technical Analysis
    Tim Hale - Four Simple Steps to Smarter Investing
    Ian Heslop - Five Bright Ideas for Taking the Bias out of Investment
    Andrew Hunt - Two Mice Fell in a Bucket of Cream - The Art of Contrarian Value Investing
    James Inglis-Jones - How Practising Your Process Makes Perfect
    Niels Jensen - Absolute Returns and the End of Indexing
    John Kingham - Dictums of a Defensive Value Investor
    Lars Kroijer - How to Invest Without Speculation or Sleepless Nights
    John Lee - Twelve Golden Rules for Making a Million - Slowly
    Nick Louth - Make Meaningful Returns with the Help of a Marvellous Mathematical Principle
    Yoram Lustig - Eight Questions You Should Ask Yourself Before Investing
    Chris Mayer - Four Simple Things You Should Do to Succeed in the Stock Market
    Tim Morgan - Risk and Return in an Age of Abnormality
    Charlie Morris - Everything is Connected: An Investor's Guide
    Ned Naylor-Leyland - The Wheel of History - and a Golden Future
    Matthew Partridge - What I Learned From Studying the Greatest Investors in History
    Jacob Rees-Mogg - Investing in Emerging Markets with Veins of Ice and Nerves of Steel
    David Schneider - Before You Invest in Businesses, Start a Business
    Edmund Shing - Know Thyself! And Pick a System to Suit You
    Peter Spiller - In Investing, Only the Short Term is Random
    Greg Steinmetz - Value Investing in the Age of Leonardo
    Tom Stevenson - Don't Lose Money - It's Hard to Replace
    Van K. Tharp - You Don't Trade the Markets: You Trade Your Beliefs About Them
    Nick Train - The Seven Pillars of Investing Wisdom
    Eoin Treacy - Investing in Explosions Waiting to Happen
    Pertti Vanhanen - Nine Home Truths of Property Investing
    Edgar Wachenheim - Learn to Love Common Stocks
    Todd Wenning - How to Keep Your Dividend Edge
    Gervais Williams - Make the Most of the Market Environment
    Craig Yeaman - Good Ideas Are Finite


    I have the book its a good read. However very heavy.  Another good boot is the FT guide to ETFs by David Stevenson,  Rich Dad Poor Dad - Robert Kiyosaki, The psychology of Money - Morgan Housel,  One up on wall street - Peter lynch
  • ChilliBob
    ChilliBob Posts: 2,289 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    ChilliBob said:
    Interesting thread, I've considered the Tim Hale one a few times, does it differ much from Lars' Investing Demystified? I read a recent revie suggesting Hale's book could do with an update, but it might just be one semi disgruntled review. 
    The Intelligent Investor by Benjamin Graham was first published in 1949. Still as relevant now as it was back then. Though will appear extremely dated to read!
    I thought someone would chip in with something like that! The impression I got was some of the book was more topical for the time it was written. Obviously having not read it I can't comment ln how reliable that opinion was.


  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    To quote Warren Buffett,     "If past history was all there was to the game, the richest people would be librarians".

    An excellent book to start with , that you can dip in and out of is 

    HARRIMAN'S NEW BOOK OF INVESTING RULES

    The do’s and don’ts of the world’s best investors


    Contrasting views from across the investment world spectrum. Will enable you to start to formulate your own strategy.  Here's the contents. 

    Frank Armstrong - Investing from the Cockpit
    Glen Arnold - Investing Tenets of the Private Investor Who Trained the Professionals
    Martin Bamford - Britain's Bestselling Financial Planner on Dealing with Risk and Reward
    John Baron - Insights of an Investment Trust Expert
    Andy Bell - How to Be a Successful DIY Investor
    Alistair Blair - Eleven Quick Tips for Time-Limited Private Investors
    Michael van Biema - Concentrated Value Investing in Six Simple Steps
    John C. Bogle - Investing Insights of the $4 Trillion Man
    Anthony Bolton - Long-Term Lessons from a Legendary Run
    Jeroen Bos - How to Go Deep Value Diving for Bargain Shares
    Jonathan Boyar - Patience Makes Perfect
    Ashton Bradbury - Go Top-Down and Bottom-Up for Better Investing Outcomes
    Kathleen Brooks - Five FX Fixes to Trade Like the Best
    Mike Brooks - How to Be Genuinely Diversified
    David Buik - Reflections on a Life in the City
    Robbie Burns - The Naked Trader Laid Bare
    Richard Buxton - The Hard But Rewarding Art of Investing
    Tobias Carlisle - Zig When the Investing Crowd Zags
    Robert Carver - How to Invest Systematically
    Jonathan Clements - Nine Ways to Think Differently About Money
    Michael Covel - Ten Tenets of a Trend Follower
    Andrew Craig - How to Invest So That Crashes Don't Matter
    Sandy Cross - Six Tips for Talent-Spotting Active Fund Managers
    Lawrence A. Cunningham - Warren Buffett's Investing Rules
    Job Curtis - Successful Equity Income Investing
    Mark Dampier - Investing, Warts and All
    Elroy Dimson, Paul Marsh and Mike Staunton - Five Factors that Influence Investment Returns
    Stephen Eckett - How to Profit from Stock Market Anomalies
    Alexander Elder - Comments on Futures
    Scott Fearon - Stock Picking 101
    Ken Fisher - Invest By Knowing What Others Don't
    Anthony Garner - How to use ETF Trading Systems to Outperform the Experts
    Wesley Gray and Jack Vogel - Axioms of the Alpha Architects
    Tren Griffin - Charlie Munger's Investing Rules
    Robin Griffiths - Rules Beat Judgement: Trend Following With Technical Analysis
    Tim Hale - Four Simple Steps to Smarter Investing
    Ian Heslop - Five Bright Ideas for Taking the Bias out of Investment
    Andrew Hunt - Two Mice Fell in a Bucket of Cream - The Art of Contrarian Value Investing
    James Inglis-Jones - How Practising Your Process Makes Perfect
    Niels Jensen - Absolute Returns and the End of Indexing
    John Kingham - Dictums of a Defensive Value Investor
    Lars Kroijer - How to Invest Without Speculation or Sleepless Nights
    John Lee - Twelve Golden Rules for Making a Million - Slowly
    Nick Louth - Make Meaningful Returns with the Help of a Marvellous Mathematical Principle
    Yoram Lustig - Eight Questions You Should Ask Yourself Before Investing
    Chris Mayer - Four Simple Things You Should Do to Succeed in the Stock Market
    Tim Morgan - Risk and Return in an Age of Abnormality
    Charlie Morris - Everything is Connected: An Investor's Guide
    Ned Naylor-Leyland - The Wheel of History - and a Golden Future
    Matthew Partridge - What I Learned From Studying the Greatest Investors in History
    Jacob Rees-Mogg - Investing in Emerging Markets with Veins of Ice and Nerves of Steel
    David Schneider - Before You Invest in Businesses, Start a Business
    Edmund Shing - Know Thyself! And Pick a System to Suit You
    Peter Spiller - In Investing, Only the Short Term is Random
    Greg Steinmetz - Value Investing in the Age of Leonardo
    Tom Stevenson - Don't Lose Money - It's Hard to Replace
    Van K. Tharp - You Don't Trade the Markets: You Trade Your Beliefs About Them
    Nick Train - The Seven Pillars of Investing Wisdom
    Eoin Treacy - Investing in Explosions Waiting to Happen
    Pertti Vanhanen - Nine Home Truths of Property Investing
    Edgar Wachenheim - Learn to Love Common Stocks
    Todd Wenning - How to Keep Your Dividend Edge
    Gervais Williams - Make the Most of the Market Environment
    Craig Yeaman - Good Ideas Are Finite


    I have the book its a good read. However very heavy. 
    If you think this one is a heavy read. Try this for size.

    This Time Is Different: Eight Centuries of Financial Folly

    by Carmen Reinhart and Kenneth Rogoff 

    Contains an insane amount of data to back up their view. That history does, and will continue to repeat itself. 





  • EdSwippet
    EdSwippet Posts: 1,644 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    loutus_flower said:
    I have the book its a good read. However very heavy.  Another good book is the FT guide to ETFs by David Stevenson,  Rich Dad Poor Dad - Robert Kiyosaki, The psychology of Money - Morgan Housel,  One up on wall street - Peter lynch
    No quibble on the others, or anything else mentioned in this thread, but Rich Dad, Poor Dad is junk.

  • Alistair31
    Alistair31 Posts: 975 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    EdSwippet said:
    loutus_flower said:
    I have the book its a good read. However very heavy.  Another good book is the FT guide to ETFs by David Stevenson,  Rich Dad Poor Dad - Robert Kiyosaki, The psychology of Money - Morgan Housel,  One up on wall street - Peter lynch
    No quibble on the others, or anything else mentioned in this thread, but Rich Dad, Poor Dad is junk.

    Tend to agree. He must have made a fortune from it, though. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 1 March 2021 at 11:40PM
    If there's an interest in stock picking and one is unsure where to start. Then this is worth a read. Doesn't explain how to build a portfolio but starts you in the right direction and may avoid too many expensive mistakes. An easy read. 

    The Smart Money Method: How to pick stocks like a hedge fund pro 

    by Stephen Clapham


  • snooloui
    snooloui Posts: 48 Forumite
    Fourth Anniversary 10 Posts
    EdSwippet said:
    loutus_flower said:
    I have the book its a good read. However very heavy.  Another good book is the FT guide to ETFs by David Stevenson,  Rich Dad Poor Dad - Robert Kiyosaki, The psychology of Money - Morgan Housel,  One up on wall street - Peter lynch
    No quibble on the others, or anything else mentioned in this thread, but Rich Dad, Poor Dad is junk.

    I suppose if it inspires a person to challenge their life, then it has some value but otherwise yes it is mostly nonsense.
  • snooloui said:
    EdSwippet said:
    loutus_flower said:
    I have the book its a good read. However very heavy.  Another good book is the FT guide to ETFs by David Stevenson,  Rich Dad Poor Dad - Robert Kiyosaki, The psychology of Money - Morgan Housel,  One up on wall street - Peter lynch
    No quibble on the others, or anything else mentioned in this thread, but Rich Dad, Poor Dad is junk.

    I suppose if it inspires a person to challenge their life, then it has some value but otherwise yes it is mostly nonsense.
    My mate who came to UK  from Poland with only £200  in his pocket a decade ago. He now owns 10 investment properties because he was inspired by that book.  You can find value in anything...even things some people consider 'junk'.  Some people may not like Rich Dad poor, Poor Dad, that's ok...not everything is for everybody.  However,  it has changed people's lives. 
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