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Teachers' Day: 14 books to take your understanding of investing to the next level

Updated : September 05, 2020 08:28 AM IST

Those who do not remember the past are condemned to repeat it, said George Santayana, philosopher and novelist once. We often say, "history repeats itself" and the stock market teaches us that every now and then without a fail. On this Teachers' Day, we have listed a few books that will teach you a great deal about the stock market and investing.

The Intelligent Investor is considered as the bible of investing, having taught the greatest investor of all, Warren Buffett. The book is based on the philosophy of ‘value investing', which focuses on look for mispricing between a company's market price and its intrinsic value and keeping a margin of safety.
The Intelligent Investor is considered as the bible of investing, having taught the greatest investor of all, Warren Buffett. The book is based on the philosophy of ‘value investing', which focuses on look for mispricing between a company's market price and its intrinsic value and keeping a margin of safety.
The book goes into the difference between working for money and having your money work for you. One of the most widely-read personal finance books, Rich Dad Poor Dad advocates the importance of financial literacy, financial independence and building wealth through various assets. Image Source: Amazon.com
The book goes into the difference between working for money and having your money work for you. One of the most widely-read personal finance books, Rich Dad Poor Dad advocates the importance of financial literacy, financial independence and building wealth through various assets. Image Source: Amazon.com
Written by one of the world's greatest traders, George Soros presents a theoretical and practical account of current financial trends and a new paradigm with which to understand the financial market. The book is filled with valuable business lessons and timeless principles of finance. Image Source: Amazon.com
Written by one of the world's greatest traders, George Soros presents a theoretical and practical account of current financial trends and a new paradigm with which to understand the financial market. The book is filled with valuable business lessons and timeless principles of finance. Image Source: Amazon.com
Put in the words of Micheal Bloomberg:
Put in the words of Micheal Bloomberg: "A hilarious classic that proves the more things change the more they stay the same. The book describes the craziness and the passion that lives in the financial markets. The book also offers some contrarian advice on how to invest money. Image Source: Amazon.com
Lynch has penned an account of his wildly successful investing style in this book. It goes into the basics of investing, like how to select stocks for your portfolio. It also briefly talks about the dynamics of the market. If you are interested in long-term investing then pick this book undoubtedly. Image Source: Amazon.com
Lynch has penned an account of his wildly successful investing style in this book. It goes into the basics of investing, like how to select stocks for your portfolio. It also briefly talks about the dynamics of the market. If you are interested in long-term investing then pick this book undoubtedly. Image Source: Amazon.com
In this classic, Phil Fisher talks about investing in potential blue chips and explores the idea behind growth investing. He lays special emphasis on small factors about a business that an investor should study about. Image Source: Amazon.com
In this classic, Phil Fisher talks about investing in potential blue chips and explores the idea behind growth investing. He lays special emphasis on small factors about a business that an investor should study about. Image Source: Amazon.com
Written by the father of behavioural finance, the scientific field that examines various emotional human biases that drive all decisions, including financial ones. Thinking, Fast and Slow lays down the work of the pioneer, Daniel Kahneman, in one comprehensive tome. Image Source: Amazon.com
Written by the father of behavioural finance, the scientific field that examines various emotional human biases that drive all decisions, including financial ones. Thinking, Fast and Slow lays down the work of the pioneer, Daniel Kahneman, in one comprehensive tome. Image Source: Amazon.com
Another book that discusses human psychology and behavioural biases, Nobel laureate Thaler writes this as part biography and part introduction to the field that is increasingly explaining the follies of investing decisions. Image Source: Amazon.com
Another book that discusses human psychology and behavioural biases, Nobel laureate Thaler writes this as part biography and part introduction to the field that is increasingly explaining the follies of investing decisions. Image Source: Amazon.com
This investment book is widely recognized to be the biography of Jesse Livermore -- considered by some to be the greatest trader ever -- from his struggles to successes. It talks about the contradictions, redemptions and the failures that a person participating in the stock market goes through. Image Source: Amazon.com
This investment book is widely recognized to be the biography of Jesse Livermore -- considered by some to be the greatest trader ever -- from his struggles to successes. It talks about the contradictions, redemptions and the failures that a person participating in the stock market goes through. Image Source: Amazon.com
This book is a classic interview-style investment text from a financial expert. Schwager has tried to give anecdotes and market experiences of traders who made millions from a small investment. It is among the bestselling trading books of all time. Image Source: Amazon.com
This book is a classic interview-style investment text from a financial expert. Schwager has tried to give anecdotes and market experiences of traders who made millions from a small investment. It is among the bestselling trading books of all time. Image Source: Amazon.com
Considered the bible of trading, in this book, Martin Pring talks about theories, data and history of markets. If you want to learn how to read charts or trade stocks for a living, this book is a must read. Image Source: Amazon.com
Considered the bible of trading, in this book, Martin Pring talks about theories, data and history of markets. If you want to learn how to read charts or trade stocks for a living, this book is a must read. Image Source: Amazon.com
In this irreverent yet extremely smart book, Taleb lays down mistakes that most experts make while undertaking statistical analyses and draws lesson for investing, and life in general, in the author's trademark caustic style. The book made popular the term 'Black Swan' as part of Taleb's theory that explained rare, difficult to predict events but which appear predictable in hindsight, such as the discovery of black swans, which the Europeans previously did know existed. Image Source: Amazon.com
In this irreverent yet extremely smart book, Taleb lays down mistakes that most experts make while undertaking statistical analyses and draws lesson for investing, and life in general, in the author's trademark caustic style. The book made popular the term 'Black Swan' as part of Taleb's theory that explained rare, difficult to predict events but which appear predictable in hindsight, such as the discovery of black swans, which the Europeans previously did know existed. Image Source: Amazon.com
In this book, Silver simplistically explains the concepts of statistics and analytics by taking examples from politics, baseball, weather and other fields. Image Source: Amazon.com
In this book, Silver simplistically explains the concepts of statistics and analytics by taking examples from politics, baseball, weather and other fields. Image Source: Amazon.com
Published : September 04, 2020 09:40 PM IST
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