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Great Investment Books For Every Investor
Each year, there are hundreds of new investment books published. Some of these books claim to be the investing equivalent of a miracle drug, helping you to get rich quick. Other books claim to be packed with principles that have been around for ages, that are "tried and true." Some books are all about playing the market right now, and others are all about playing the market for the long term. Some of these books are written by those who have had great success in the stock market, and other books have been written by those whose portfolio you would not like to have yourself. So the question becomes: How do I know which books are the right books? The answer to that question is simple: forget about the books published recently, and go back to the ones that have stood the test of time. While there are certainly books published recently that could help you a great deal, it is important to first lay a foundation with books that have been proven to be invaluable. All three of these books are full of advice and wisdom that will help any investor, whether you are brand new at this or have been doing it for ages. 1) The Intelligent Investor: This book is considered a must-read, even though Ben Graham originally published it way back in 1934. In fact, Warren Buffett has called this book "the best investing book ever written." 2) The Essays Of Warren Buffett: Speaking of Warren Buffett, this is a collection of his essays, arranged by topic and relevance. While you certainly cannot go wrong reading Buffett's thoughts on investing, this book is a great starting point, as it will help you in every area of investing. 3) Common Stocks And Uncommon Profits & Other Writings: Philip Fisher wrote this excellent collection of the fifteen qualities of an excellent business. You are sure to learn to expand your own portfolio as you dive through these in-depth thoughts from one of history's greatest financial thinkers. Many people consider to the stock market to be something a lot like gambling, and they think anyone who makes money at it is just plain lucky, but by following the tips of these men who knew how to make the market work for them, you can start to do the same yourself.
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