Ask HN: What are good investing books for total beginners?
I've no idea what the stock market is. Take me as a total idiot. Suggestions away!
2 comments
The Intelligent Investor. Written by Warren Buffetts mentor: Benjamin Graham.
The book appears more intimidating (bigger) than it actually is. In reality it is a very enjoyable read. I suggest reading the commentaries that go with each chapter before reading the chapter. They explain Grahams theories with more up to date examples.
Chapter 8 is also an excellent commentary on why markets move. I definitely recommend this book to anyone interested in the stock market.
The book appears more intimidating (bigger) than it actually is. In reality it is a very enjoyable read. I suggest reading the commentaries that go with each chapter before reading the chapter. They explain Grahams theories with more up to date examples.
Chapter 8 is also an excellent commentary on why markets move. I definitely recommend this book to anyone interested in the stock market.
If you want to forget about market timing, concentrate on asset allocation:
The Smartest Investment Book You'll Ever Read (Canadian audience) The Intelligent Asset Allocator (a more statistical approach)
The Smartest Investment Book You'll Ever Read (Canadian audience) The Intelligent Asset Allocator (a more statistical approach)