Stock / Share Market
by 5paisa Research Team Last Updated: 2022-06-07T15:18:40+05:30

Introduction

Taking on the world of investing as a beginner investor may be a difficult and, sometimes, frightening job. In today's age of overabundance of information, false gurus, and the like, it may be difficult to know where to begin your investing adventure.

This is where books written by some of history's most brilliant brains come in. With so many books available, we've compiled a list of the 9 best share market books to get you started on your investing adventure. Find out by continuing to read!

9 Share Market Books for Novice Investors

1. The Intelligent Investor

Benjamin Graham's "The Intelligent Investor" was originally published in 1949, yet a lot of what it says is still relevant today, from the significance of value investing and loss minimization to not making financial market decisions out of emotion.

It has been updated with data from current markets and Jason Zweig's comments and footnotes in the most recent version. More than a million copies have been sold globally, and many industry professionals and media, such as Barron's, have praised the book.

2. Beating the Street

Fidelity Investments' star manager of the Magellan fund, Peter Lynch, has written another masterpiece. Individual investors seeking long-term value investments will find this book invaluable. An excellent resource to have on hand if you decide to take the plunge and invest on your own for the first time.

3. The Little Book that Still Beats the Market

The revised edition of Joel Greenblatt's "The Little Book that Beats the Market," originally released in 2005 and sold more than 300,000 copies, is "The Little Book That Still Beats the Market," as the name suggests.

Using the author's basic technique of purchasing stocks at rock-bottom prices, teaches prospective investors how to regularly outperform the market averages. But don't worry, Greenblatt explains everything in plain English, free of technical jargon. During the financial crisis, this version of the formula fared better than the previous one.

4. The Simple Path to Wealth

"The Simple Path to Wealth" by J.L. Collins is for anybody who wishes their parents had educated them more about money and the financial markets as a whole. An author's letters to his daughter evolved into thorough financial advice in the course of writing.

It covers a wide range of subjects, such as debt, the stock market, investing in both bull and downturn markets, navigating the many retirement plans available, and even the necessity of having your own money.

5. Common Sense on Mutual Funds

It's possible that if you're interested in investing, you'll need to get acquainted with mutual funds at some time. The book "Common Sense on Mutual Funds" by John C. Bogle, first published in 1999, is a great place to start.

Keep in mind that a mutual fund is an investment vehicle through which participants combine their money to invest in securities; it's also a simple method to diversify your portfolio for a cheap cost. Regulatory changes, portfolio construction, and long-term investing are all covered in the book's revised edition.

6. The Warren Buffet Way

To understand Warren Buffett's investment approach, we found this to be an excellent resource. It offers a comprehensive look into Warren Buffett's approach to stock investment.

Hagstrom explains all you need to know in order to replicate Buffett's performance in your own portfolio right now. Because the author avoids using technical jargon, The Warren Buffett Way is an excellent resource for anybody interested in learning about value investing.

7. Stocks to Riches

Indian investors should read this book. Simple and easy-to-understand language is used throughout the book. When it comes to financial markets, author "Parag Parikh" tells it how it is in this book.

If you want to avoid making the same errors as newcomers to the stock market, you should read this book beforehand. Remember that in the stock market, learning from your errors costs money since there is so much at risk. Even a fifth-grader will be able to comprehend this book because of the style of writing.

8. How to Avoid Loss and Earn Consistently in the Stock Market

According to the book's author Prasenjit Paul, the Indian stock market is in a precarious situation, and he uses successful methods to make a steady profit from the market.

Investing in Stocks is explained in simple and clear words in this book. A 2-minute method to shortlist/reject equities is also provided before a thorough investigation is performed. Before making any investments, you should read this book.

9. A Random Walk Down Wall Street

Most people are familiar with Burton G. Malkiel's "A Random Walk Down Wall Street," which is in its 12th printing and has sold over a million copies worldwide. In addition to stocks and bonds, it explains everything from real estate investment trusts to investment trusts in physical assets.

In the revised version, a new chapter discusses behavioural finance, which is the study of how our emotions influence our financial choices and investing strategies. The Random Walk Guide to Investing is Malkiel's other work, as well as "From Wall Street to the Great Wall."

Conclusion

All the books mentioned on the list have sold millions of copies worldwide. However, it’s hard to choose just one, but if we had to, it'd be Benjamin Graham's "The Intelligent Investor" by a long shot. Ultimately, it's all about putting that knowledge to good use!

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