The Best Investment Books
We've read hundreds of investing books so you don't have to. Here is our curated list of the absolute best books on value investing, accounting, and market psychology.
Foundations & Beginners
Start your value investing journey with these accessible, foundational classics. Perfect for building your core philosophy.
One Up On Wall Street
by Peter Lynch
The perfect starting point. Lynch explains how average investors can beat the pros by using what they already know to find great stocks before Wall Street does.
View on AmazonThe Intelligent Investor
by Benjamin Graham
The definitive book on value investing. Warren Buffett calls it "by far the best book on investing ever written." It teaches the core principles of margin of safety and Mr. Market.
View on AmazonThe Little Book That Beats the Market
by Joel Greenblatt
A remarkably simple explanation of how to buy above-average companies at below-average prices. It outlines the famous "Magic Formula" investing strategy.
View on AmazonAccounting & Valuation
To be a successful value investor, you must understand the language of business. These books will teach you how to read the numbers.
Financial Shenanigans
by Howard Schilit
An absolute must-read. Learn how to spot accounting gimmicks and fraud in financial reports before they destroy your portfolio.
View on AmazonQuality of Earnings
by Thornton O'Glove
A classic guide to evaluating the true profitability of a company. It teaches you how to look past the headline numbers to find the real story.
View on AmazonWarren Buffett Accounting Book
by Stig Brodersen & Preston Pysh
A practical, easy-to-understand guide on how to read financial statements specifically through the lens of Warren Buffett's investing criteria.
View on AmazonAdvanced Strategy & Psychology
Once you master the basics, these books will give you the mental models and advanced strategies needed to gain an edge.
Margin of Safety
by Seth Klarman
Out of print and highly sought after. Klarman's masterpiece dives deep into risk aversion and finding value in obscure places. A holy grail for serious investors.
View on AmazonPoor Charlie's Almanack
by Charles T. Munger
A collection of speeches and talks by Charlie Munger. It is the ultimate guide to building a latticework of mental models for rational decision making.
View on AmazonThe Psychology of Money
by Morgan Housel
Doing well with money isn't necessarily about what you know. It's about how you behave. A modern classic on the behavioral side of investing.
View on AmazonWall Street Fun
Entertaining and cautionary tales from the wild side of finance. These books offer a behind-the-scenes look at the culture, chaos, and hubris of Wall Street.
Liar's Poker
by Michael Lewis
An autobiographical account of Wall Street's bond trading culture in the 1980s. A hilarious and eye-opening look at the greed and excess of the era.
View on AmazonWhen Genius Failed
by Roger Lowenstein
The gripping story of Long-Term Capital Management, a hedge fund run by Nobel laureates that nearly collapsed the global financial system.
View on AmazonMonkey Business: Swinging Through the Wall Street Jungle
by John Rolfe & Peter Troob
A brutally honest and laugh-out-loud funny memoir about the grueling, absurd life of entry-level investment bankers in the 1990s.
View on AmazonPut Your Knowledge to Work
You've read the books. Now apply the principles. Use Old School Value to screen for high-quality stocks, analyze financial statements, and value companies like a pro.