3 of the Best Bookson Investing

Adam Kuettel

The Intelligent Investor –Benjamin Graham

The Intelligent Investor is one of those booksthat you will see on nearly every list of“must-read” books for investors. Graham’s book focuses on value investing.Warren Buffett, another proponent of valueinvesting, is a big fan of this book. While Graham never used the term valueinvesting, later commentators coined theterm to help describe Graham’s investmentparadigm.

The Little Book that StillBeats the Market –

Joel Greenblatt

The Little Book that Beats the Market outlines aninvesting technique called magic formulainvesting. Greenblatt’s formula uses some of the principlesof value investing, and he claims that his formulabeats the S&P 500 over 90% of the time. The formula is more common sense than magic,yet experts seem to disagree over whether it reallyworks. Since the book is written in simple language andexplains the formula with simple math, you canpick up a copy and determine for yourself whetherthe formula is worth pursuing.

Common Sense on MutualFunds – John C. Bogle

Since Common Sense on Mutual Funds was firstpublished in 1999, it has been considered a classic.The book focuses on mutual funds, index funds,and long-term investment strategy. Investors who embrace passive fund managementwill enjoy this book and find a lot of usefulinformation in its pages. However, if you’re one of those investors whowant to “beat the market,” you might find some ofthe book’s details boring.

Conclusion

Successful investing isn’t an exact science.Neither is it something that can be masteredovernight by reading books. If you’re new to investing, it’s not a bad idea tospeak with a financial advisor. Talking with afinancial advisor can save you from making a lotof unnecessary mistakes. Before you invest your money, read the abovebooks; do your research, and consult with afinancial advisor. Your wallet will thank you.