Investing books are the best guides if we are about to set out on the path of an investor. Especially in cases where we have no experience with investing. Investing books offer answers to all our questions and hide an unlimited amount of information within themselves. They enrich us and each of these books will provide us with advice that no one can ever take away from us.
Books about investing
Robert T. Kiyosaki, an American entrepreneur and author of the bestseller Rich Dad Poor Dad, wrote in his book that our mind is our most powerful asset. The information we put into it influences our actions and way of thinking, which reflects on our entire life. It is therefore up to us what information we put into our minds.
Many books about investing and finance have been written over the years. However, they all have one thing in common. Thanks to these books, which are full of experiences, instructions and advice from powerful and wealthy people, we too can become successful, wealthy and equally powerful entrepreneurs. The people who wrote these books are guided by their life experiences, successes and failures. They will teach us what to avoid and what to pay attention to. Therefore, we do not have to go through the same life tests, it is enough to follow their advice.
Rich Dad Poor Dad (Robert T. Kiyosaki)
This bestseller clearly ranks among the best books on investing. The book is easy to read and is suitable for everyone who wants to have control over their finances and learn proper financial habits. It teaches us how to handle money and how to run our own business. It shows us how money makes more money. At the same time, the book points out problems in the field of education. Schools prepare their students for their profession, but do not teach them how to manage the money they earn. That is why there are so many financially illiterate and indebted people among us who live from paycheque to paycheque.
Thinking for Wealth (Napoleon Hill)
Napoleon Hill devoted 30 years of his life to writing Thinking for Wealth. During this time, he met a number of successful entrepreneurs, tycoons, leaders, inventors and managers to find out what they owed their success to. He then wrote these principles into one book as a guide for future generations. The book highlights how important a strong will, unwavering perseverance and boundless faith are to achieve success. The bestseller belongs among the best books about investing, because it will teach us how to start a business, what to avoid, how to be good managers and how to achieve our goal. It will help us reveal our inner qualities and understand that every success is preceded by failure.
The Richest Man in Babylon (George S. Clason)
The most famous book on the subject of wealth. This wonderful timeless work will show us that financial principles that worked many years ago still work today. Simple and straightforward stories described in this book reveal how easy it is to acquire business knowledge and financial prosperity. The book is easy to read and makes us think about our financial habits. It will teach us to manage money better and show how money makes more money. It is based on simple principles that everyone can manage. Thanks to the simple language, the book is also suitable for children and their future financial literacy.
Habits of Successful People (Napoleon Hill)
This book is thematically similar to *Thinking to Get Rich*. It consists of interviews with a famous writer, which were broadcast on a radio programme for 13 evenings. Napoleon Hill gives basic advice on achieving success. Thanks to his wisdom, we can understand that to achieve material wealth, we must first achieve inner wealth. Whatever we can imagine and believe in our minds, we can achieve. Our subconscious is our most powerful tool.
*The Intelligent Investor* (Benjamin Graham)
The book is suitable for anyone who takes investing seriously and wants to achieve success through this path. Therefore, this book, which is among the best books on investing, is especially suitable for long-term investors, people who have incorporated investing into their lives. Benjamin Graham published the first edition of this work in 1949. Nevertheless, the principles described in it are still relevant. Every investor knows that every investment carries risks. However, the book will guide us in the right direction so that we can learn to recognise the right investments and minimise risks. This understandable publication will show us everything we need to know about investing.
*Essays in Value Investing* (Warren Buffett)
Warren Edward Buffett is an American billionaire, businessman and investor. This student of Benjamin Graham is considered the most successful investor of all time. Buffett describes basic business principles in his work and explains a number of questions that are important for successful shareholders. The Essays contain discussions on corporate management, finance, investments, mergers and acquisitions, accounting and taxes. We can see the interface between the management of a company and its shareholders.
*Thinking, Fast and Slow* (Daniel Kahneman)
*Thinking, Fast and Slow*, by the Israeli-American Nobel Prize winner in economics from 2002, shows how our thinking influences our investment successes. The work is among the top books on investing. The book will help us understand how our minds work and what mental mistakes we make when investing. Kahneman explains how our emotions and poor intuition often lead us to bad and hasty decisions. It also helps us to avoid this behaviour. This textbook on behavioural economics does not only focus on investing itself, but shows us how our subconscious influences our daily lives.
*Reminiscences of a Stock Operator* (Edwin Lefèvre)
This book was written in 1923 and is loosely translated as “Memories of a Stock Operator”. The publication has autobiographical elements, meaning elements from the author’s life. We find a partly true and partly fictional story of Jesse Livermore, who repeatedly gained multi-million assets and subsequently lost them badly. The main character gained the most money during times when everyone else was losing, namely in 1907 and 1929 during the stock market crash. In the book, we will look into the secrets of the real estate market and investing in shares. We will find out how to fight against our negative emotions and weaknesses. In addition, we will remember that in achieving our goals, we must be patient, persistent and reasonable.
