Best Share Market Books for Investment
Like any other domain, investing in the stock market also requires guidance to avoid loss and make profit. And everyone doesn’t have stock market experts at their disposal to ask for guidance. But luck strikes in books! And they are available everywhere! Whether you are a beginner or a seasoned player, you can learn a lot from them and can take your investing journey ahead and make profits. Here, we share a list of “Best Share Market Books for Investment” that have the potential to become your guiding light. Read on!
- The Intelligent Investor by Benjamin Graham
- A Random Walk Down Wall Street by Burton G. Malkiel
- Warren Buffett’s Ground Rules by Jeremy C. Miller
- ’One Up on Wall Street’ by Peter Lynch:
- Stocks to Riches by Parag Parikh
- How to Make Money in Stocks by William J. O’Neil
- “A Beginner’s Guide to the Stock Market.” By Matthew R. Kratter
- The Little Book of Common Sense Investing” by John C. Bogle
- ‘Market Wizards’ by Jack D. Schwager
- Common Stocks and Uncommon Profits by Philip A. Fisher
- How to Avoid Loss and Earn Consistently” by Prasenjit Paul
01. The Intelligent Investor by Benjamin Graham
The ideas presented in “The Intelligent Investor,” written by Benjamin Graham and first published in 1949, are still applicable today. The focus of the book is on his well-known value investing strategy, which involves purchasing stocks when their value is below their market price, or stocks that are currently undervalued by the market. “The Intelligent Investor” addresses the emotional side of investing and demonstrates to readers How to Profit From The Stock Market without taking significant risks. The latest revised edition adds a contemporary touch with commentary and footnotes by financial journalist Jason Zweig.
02. A Random Walk Down Wall Street by Burton G. Malkiel
“A Random Walk Down Wall Street” by Burton G. Malkiel is in its 12th printing and has sold more than a million copies worldwide. Most people in the investing field know about the book. It describes everything from real estate investment trusts to investment trusts in physical assets, in addition to stocks and bonds.
A new chapter on behavioural finance, which is the study of how our emotions affect our financial decisions and investing strategies, is covered in the revised version. Malkiel also wrote “From Wall Street to the Great Wall” and The Random Walk Guide to Investing.
03. Warren Buffett’s Ground Rules by Jeremy C. Miller
Warren Buffett, the investing guru himself, is the ideal person to learn from. In Warren Buffett’s Ground Rules, Jemermy C. Miller explores the chunks of knowledge that Buffett has disseminated over the years through letters to the fund partners that he oversaw for 14 years. The right time to buy and sell stocks depends on the company, and readers can learn why young investors should invest in undervalued companies as well as how obsessively tracking your stock’s performance can help you stay ahead of the competition. Do not have the time to thoroughly analyse the market. Buffett suggests Share Market Index funds as an alternative.
04. ‘One Up on Wall Street’ by Peter Lynch:
This book, written by renowned mutual-fund manager Peter Lynch, elaborates on the many advantages common investors have over experts and how these advantages can help them achieve financial success. It explains how you can defeat the advantages of investing on the basis of just your knowledge. This book also offers timeless advice on the financial industry.
05. ‘Stocks to Riches’ by Parag Parikh
This book should be read by Indian investors. The book uses straightforward, understandable language throughout. In this book, author “Parag Parikh” tells it like it is when it comes to financial markets.
You should read this book first if you want to avoid making the same mistakes that beginners in the Stock Market do. Keep in mind that because there is so much at stake in the stock market, learning from your mistakes costs money. Author’s writing style is such that even a fifth-grader will be able to understand this book.
06. How to Make Money in Stocks by William J. O’Neil
This book’s title says it all. How to Make Money in Stocks describes in detail how readers can wisely select, purchase, and sell stocks to maximise their investments and generate more income. You’ll learn strategies that will help you succeed in the stock market game, such as how to read stock charts for patterns, how to spot profitable businesses to invest in, and when precisely to cut your losses and sell. What is one practical piece of advice from the book? Look for a cup with a handle when analysing pricing trends to determine which direction stocks will move.
This pattern, which is referred to as “cup and handle,” depicts a stock with a steady base, gradual rise (the cup), and gradual fall (the handle), followed by a brief drop (the handle). Generally speaking, the book claims that the stock’s value will increase.
07. “A Beginner’s Guide to the Stock Market.” By Matthew R. Kratter
Readers will learn everything they need to know about the Stock Market, including how to profit from it, in “A Beginner’s Guide to the Stock Market.” It is written by best-selling author and former hedge fund manager Matthew Kratter and covers a wide range of subjects, including how to buy your first stock, how to avoid common investor mistakes, where to open a brokerage account, and even how to generate passive income in the stock market.
08. The Little Book of Common Sense Investing” by John C. Bogle
You cannot understand investing if you do not understand index funds. The Little Book of Common Sense Investing, written by John C. Bogle, the founder of the Vanguard Group, puts emphasis on just that. It provides a thorough explanation of Bogle’s low-cost index fund investment strategy, along with pointers on how to make index fund investing beneficial to your portfolio and you. This 10th anniversary edition has been revised to reflect recent developments in the market. People who are looking for the best advice in investing, it is still essential reading. Also, Bogle has authored “Enough” and “Common Sense on Mutual Funds.”
09. ‘Market Wizards’ by Jack D. Schwager
With the book “Market Wizards,” you can learn about the stock market directly from the professionals. The most successful traders in the world reveal their trader success secrets to author Jack D. Schwager in this book. Schwager seeks to comprehend what sets these traders apart from unsuccessful investors through interviews with dozens of “superstar money-makers” from the majority of financial markets, including Bruce Kovner, Richard Dennis, Paul Tudor Jones, and others.
You will hear directly from the experts in this interview-style book, but the author also summarises their advice into a set of guidelines you can apply to your own trading career. This book also contains a lot of anecdotes, like the one about the trader who turned $30,000 into $80 million.
10. Common Stocks and Uncommon Profits by Philip A. Fisher
The classic book on investing by Philip A. Fisher, Common Stocks and Uncommon Profits, has been updated to provide a thorough examination of enduring investment philosophies. They include learning the scuttlebutt method, which is the practice of learning information about a company from a variety of sources, and how to look for growth companies (ideally before you invest in said company). The book’s second edition, which was contributed to by the author’s son Ken Fisher, a renowned investment expert, was first published in 1958 and received Warren Buffett’s endorsement. Because it lays out a number of fundamental lessons, including avoiding your emotions when investing, it’s a worthwhile read for any investor.
11. How to Avoid Loss and Earn Consistently” by Prasenjit Paul
This book, which speaks to the Indian market, can teach you a lot about the inner workings of Indian market mindsets. The two-minute stock selection/rejection strategy Paul recommends is a great takeaway.
Paul has written the “starter book” for every new Indian investor today, making it by far one of the best stock market books for Indian investors. Paul writes as though he were telling a story, and he skillfully incorporates information into the narrative to make reading interesting. Paul emphasises that investing in high-quality stocks and holding them for a long time are the only ways to become wealthy or at least respectably wealthy in the stock market.
FAQs
Q.1- Which is the best book on the share market?
- The Intelligent Investor by Benjamin Graham
- A Random Walk Down Wall Street by Burton G. Malkiel
- Warren Buffett’s Ground Rules by Jeremy C. Miller
- ’One Up on Wall Street’ by Peter Lynch
- Stocks to Riches by Parag Parikh
- How to Make Money in Stocks by William J. O’Neil
- “A Beginner’s Guide to the Stock Market.” by Matthew R. Kratter
- The Little Book of Common Sense Investing” by John C. Bogle
- ‘Market Wizards’ by Jack D. Schwager
- Common Stocks and Uncommon Profits by Philip A. Fisher
- How to Avoid Loss and Earn Consistently” by Prasenjit Paul
Q.2- How does the share market work in India?
Indian Stock Exchange is divided into two exchanges- the Bombay Stock Exchange (BSE)and the National Stock Exchange (NSE). Companies through an IPO list their shares on either of these two exchanges. Then, investors can trade these shares through the market.
Q.3 Share market vs mutual fund.
When you invest in shares, you are doing so directly in the equity markets, whereas when you invest in mutual funds, a highly experienced fund manager is doing so on your behalf in either equity funds or debt funds.
