Books on Investings
The following books on investing, trading and economics are written by some of the brightest people in the industry. Out of hundreds of books I found the following books the most helpful in learning about the market and investing.
Investing
Hot Commodities: How Anyone Can Invest Profitably in Worldâs Best Market â Jim Rogers
Investment legend Jim Rogers explain in a easy to understand manner how to invest in a the often over looked commodity market. He shatters some myths about the relative risks of commodities, explains the relationship between the stock and commodities markets, and provides a succinct analysis and history of the global oil, gold, lead, sugar, and coffee markets.
Bull in China: Investing Profitably in the Opening of the World's Greatest Market â Jim Rogers
Legendary investor Jim Rogers has traveled around several times and seen the world from a firsthand view. He makes the argument that the 19th century belonged to Britten, the 20th century was the American century, and the 21st century belongs to China. In this book Jim Rogers will show you how to invest in "the greatest economic boom since England's Industrial Revolution".
Crash Proof 2.0: How To Profit From the Economic Collapse â Peter Schiff
Peter Schiff warned about the subprime crash and decline of the dollar several years before the crash of 2008. In this book Peter Schiff explain why he believes the worst is still to come and how you can prtect yourself from an imploding economy and falling dollar.
The little book of bull moves in bear markets â Peter Schiff
In the wake of falling stock and real-estate prices, the American economy is poised for a decade-long bear market according to Peter Schiff. This book shows investors how to stay safe and stay liquid during economic downturns. Using economic history as a guide, Schiff looks at the bear markets that followed the bull markets of the 1920s and 1960s to predict what the American economy will look like after it corrects for the tech and real-estate bubbles of the 1990s and early 2000s.
Empire of Debt: The Rise of an Epic Financial Crisis â Bill Bonner
The founder of Agora Financial and the popular investment news letter the Daily reckoning explain the true state of the economy in this book. Bill Bonner explains that when things are good, people tend to believe the most outrageous things - that the financial sector could get rich by lending money to people who couldn't pay it back, and that a whole economy could flourish by luring consumers to spend more than they could afford. These hallucinations created an immense worldwide bubble of debt and dollars. And now - with the U.S. government inflating the biggest bubble in public debt the world has ever seen - a financial whirlpool has formed and threatens to drag the entire country down the drain.
Mobs, Messiahs, and Markets: Surviving the Public Spectacle in Finance and Politics â Bill Bonner, William and Rajiva, Lila
This book show explains the behavior of financial markets. Bill Bonner says that collectively, people think and act in ways that are different from how they think and act as individuals, and understanding these differences is vital to preserving your capital. From the witch hunts of the early modern world to the war on terror, from the dot-com mania to the real-estate bubble, people have always been caught up in frauds, conceits, and wild guesses - often with devastating results. The authors show groupthink at work in an improbable array of instances throughout history and reveal why swimming against the current pays.
Financial Reckoning Day â Bill Bonner
This book was written before the collapse of 2008 and it shows that the key to surviving a "soft" depression is not collecting and analyzing current market data. Instead, if Americans want to plow through their financial woes and put some muscle back in their portfolios, they must look to the follies of the past.
Conquer the Crash: You can Survive and Prosper in a Deflationary Depression â Robert Prechter
Robert Prechter, a long term trend follower, foresaw and explains the collapse in home prices, plunge in stocks, subprime debacle, liquidity crisis, the demise of Fannie and Freddie, the Federal Reserve's failure to turn the trend, and lots more.
Conspiracy of the Rich â Robert Kiyosaki
This book was written to help people understand how the current recession came about, and what they need to learn on how to survive through the coming rough years. He explains how to system works and how you can make it work in your favor.
Rich dads Guide to investing in Gold and Silver â Michael Maloney
In this book Michael Maloney lays out the argument for investing in gold and silver. He explains essential history of economic cycles that make gold and silver the ultimate monetary standard in a world of rapid inflation.
The Little Book of Commodity Investing â John Stephenson
The stock market has been moving sideways for a decade but the commodity market has been booming. In the new reality of low-growth investing, commodities are hot and getting hotter. A rapidly industrializing and urbanizing Asia will be demanding lots more copper, zinc, iron ore, coal, fertilizers, gold and oil to transform their societies. Commodities are it and that's great news for investors who want to profit from the next great bull market in commodities. In fact, commodities may be about the only asset class that is likely to outperform the broad market in the future.
Extraordinary Popular Delusions and the Madness of Crowds and Confusio â Charles Mackay, Joseph de la Vega
This book covers the history of t financial manias like the South Sea Company bubble of 1711-1720, the Mississippi Company bubble of 1719-1720, and the Dutch tulip mania of the early 17th century among others.
Profiting from the World's Economic Crisis: Finding Investment Opportunities by Tracking Global Market Trends â Bud Conrad
Bud Conrad, Chief Economist for Casey Research, in the book explains how economic imbalances that have built up over the past decade and reveals how you can prosper during these difficult times by tracking global market trends and finding investment opportunities that match those trends. This book is filled with interesting facts, charts, and descriptive examples.
Crisis Investing â Doug Casey
Doug Casey, the founder of Casey Research compares taxation as "robbery" and argues that the government has outlived its usefulness. He declares that monumental public and private debt are poised to precipitate a "Greater Depression" in the 1990s. Although, this book is old and a bit outdated it still provides great investment advice from one of the worldâs best investor and it really an enjoyable read.
The Alchemy of Finance â George Soros
George Soros, also known as the âfather of hedge fundsâ and the "The Man Who Moves the Markets" is unquestionably the most powerful and profitable investor in the world. In this book he shares the investment strategies he uses to read the mind of the market.
The Intelligent Investor â Benjamin Graham
This classic best seller by Benjamin Graham is perhaps the greatest books of the 20th century and it has been read by hundreds of thousands of people worldwide. Benjamin Graham, the mentor of Warren Buffett, introduces his timeless philosophy of "value investing".
Common stocks and uncommon profits â Philip Fisher
This classic is perhaps one of the important works ever written on investment theory. Common Stocks and Uncommon Profits lays out the fundamental principles of intelligent investing. Philip Fisher Fisher is among the most influential investors of all time and his philosophies applied by virtually all finance professionals today.
Reminiscences of a stock operator Edwin Lefevre
This book by Edwin Lefevre was first published in 1923 and is lightly fictionalized biography of Jesse Livermore, one of the greatest market speculators ever, is widely regarded as one of best investment books of all time. Reminiscences of a Stock Operator is the resource that generations of investors have turned to when they needed deeper insight into their own investing habits and those of others.
Trading
Trading for a living â Alexander Elder
This book best-selling book has been hundreds of thousands of investors and translated into a dozen languages. The author is a professional trader, a world-class expert in technical analysis, and a practicing psychiatrist. He believes that successful trading is based on three M's: Mind, Method, and Money. Trading for a Living helps discipline your Mind, shows you the Methods for trading the markets, and show you have to manage Money in your trading accounts.
Technical Analysis plain and simple â Michael Kahn
This is a good introductory book of technical analysis. Its gives a general overview of chart analysis, but also cover more advanced topics like candlesticks, cycles and Elliot waves, and also explains common technical terms and jargon and how to identify patterns, and listen to the market.
Getting Started in Options â Michael C. Thomsett
This straightforward bestselling book brings light to options. In nontechnical, easy-to-follow the book shows you how to maneuver in the world of options and how to understanding and manage risk.
Economics
The Road to Serfdom â Friedrich Hayek
This book was first published in 1944, as a warning against socialism, big government, and the dangers of central planning. The book has deeply influenced some of our great leaders, including from Orwell and Churchill in the mid-'40s, and Reagan and Thatcher in the '80s.
Human Action: A Treatise on Economics â Ludwig von Mises
Ludwig von Mises is to economics what Albert Einstein is to physics, and Human Action is his greatest work. The book carefully covers every major topic in the science of economics, and it is also one of the most persuasive indictments of socialism and statism ever written.
Economics in One Easy Lesson: The Shortest and Surest Way to Understand Basic Economics â Henry Hazlitt
This book is an introduction to free market economics written for the novice. It explains basic truths about economics and the economic fallacies responsible for unemployment, inflation, high taxes, and recession. Hazlitt gives use easy to understand analogies and describe the destructive effects of taxes, rent and price controls, inflation, trade restrictions, and minimum wage laws.
Other
Adventure Capitalist â Jim Rogers
Legendary investor Jim Rogers and his fiancee travel to 116 countries in a customized four-wheel-drive Mercedes. Over three years, they make their way through war zones, are guarded by military convoys, observe a 50-million-person pilgrimage, eat disgusting food, put the car on barges for transport between countries, and have their lives threatened at every turn. Along with the adventures on his journey he reports the economic conditions, trends, and latest development from the ground.
Capitalism, the Unknown Ideal â Ayn Rand
Ayn Rand was one of the most provocative intellectuals on the American scene and her philosophy, Objectivism, has gained a worldwide audience. In this book makes an argument for âlassie fairâ capitalism.
Atlas Shrugged â Ayn Rand
Ayn Randâs masterpiece has been read millions and this book is the "second most influential book for Americans today" after the Bible. Although, Atlas Shrugged is a novel, it explains the consequences of statism and government intervention in the economy. Thousands of reader has said that this book has fundamentally changed their way of thinking.