12 Best Stock Market Books
Though many consider trading and investing as an art that needs to be learned through practice, the importance of learning the science behind that art through books can never be denied. Not just the theoretical knowledge, books on the stock market provide a very important ingredient required to be successful in the stock market: the experience of other traders and investors.
So here I have listed 12 Best Books on the Stock Market. I have tried to include at least one book of each category: Book on Investing, Book on Trading, Book on Algo Trading, Book by an Indian Author.
Contents
a) Books on Investing
1. The Intelligent Investor
2. One Up on Wall Street
3. The Little Book That Beats the Market
4. The Snowball: Warren Buffett and the Business of Life
5. How I Made $2000000 in the Stock Market
6. The Man Who Solved The Market
7. Romancing the Balance Sheetb) Books on Trading
8. Time Compression Trading: Exploiting Multiple Time Frames in Zero-Sum Markets
9. Trading in the Zone
10. A Complete Guide To Volume Price Analysis – Anna Coulling
11. Trade Like a Stock Market Wizard
12. Option Volatility and Pricing – Sheldon Natenberg
Books on Investing
The Intelligent Investor
Written by Warren Buffett’s mentor Benjamin Graham in 1949, this timeless book is considered as the ‘Bible’ of Investing. One of the first and prominent books to promote value investing, The Intelligent Investor is a must-read for investors.
One Up on Wall Street
Written by one of the most famous fund managers Peter Lynch, this book explains how one can gain an edge over the market experts and end up being successful. Peter explains how retail investors should analyze the companies and stay ahead in the race of successful stock picking.
The Little Book That Beats the Market
As the name suggests, this book written by Joel Greenblatt is about performing better than average market returns. This book is a combination of two books mentioned above as it speaks about value investing to gain long term returns better than the market.
The Snowball: Warren Buffett and the Business of Life
The Snowball is the biography of the world’s most successful and richest investor Warren Buffett. Starting from his childhood to his personal life, investing philosophies, this book covers all aspects with great depth.
How I Made $2000000 in the Stock Market
Known in the stock market for his ‘Darvas Box Theory’, Nicolas Darvas has written this interesting book explaining the same concept through his life story on how he gained $2 million through the market with very less market information that too in the not so tech-savvy era with the help of his Box theory.
The Man Who Solved The Market
There might not be an Algo trader who is unaware of trader mathematician Jim Simons. Written by Gregory Zuckerman, this book is a biography of one of the first astonishingly successful Algo traders Jim Simons. In this book, Gregory narrates how Jim hustled hard to build his quant firm ‘Renaissance’ and how they paved their path to phenomenal success after initial failures.
Romancing the Balance Sheet
As its subtitle says, this book is ‘For anyone who runs, owns or manages a business’ and it actually lives up to it. Explained by an Indian Author Dr. Anil Lamba in lucid and thorough language, ‘Romancing the Balance Sheet’ makes readers understand dry and serious financial jargons and balance sheet components in an interesting flow.
Books on Trading
In addition to the above books written on long-term investing, there are also some good books on intraday or short-term trading. Multi-Time Frame Analysis, Technical Analysis, Volume Analysis, or Derivatives (Options, Futures) trading, these books cover the mentioned topics which are talked about frequently in the trading fraternity.
A few of such books are listed below:
Time Compression Trading: Exploiting Multiple Time Frames in Zero-Sum Markets
Trading in the Zone
A Complete Guide To Volume Price Analysis – Anna Coulling
Trade Like a Stock Market Wizard – Mark Minervini
Option Volatility and Pricing – Sheldon Natenberg
