Smart money decisions for your financial freedom.

23 Best Stock Market Books for Investors in 2021 (Ranked & Reviewed)

best stock market books - bookshelf with a lot of books stacked

There are many books on the market that teach about investing in the stock market. But which book is best? That’s a question most investors ask themselves when they are trying to learn more about this topic. To find out, we went through all of these books so you don’t have to! Here’s a roundup-style blog post where we have ranked and reviewed the 23 Best Stock Market Books for Investors in 2021.

Related: Check out our recommended books on day trading.

book cover - how to make money in stocks

Overview:

This book is written by William O’Neil and shows you how to use the CANSLIM system. This system allows you to make money in stocks by buying shares that are lower priced, have higher volume, a good P/E ratio, high dividend yield, and low market capitalization. The author does warn against investing too much into one stock and also advises you to diversify your portfolio.

Pros:

  • Best selling stock market book on the market in over 35 years.
  • Written by a successful investor who has made millions of dollars with this system.

About the Author:

William O’Neil is an investment strategist and has written for The New York Times, Barron’s, and Forbes. He is the founder of Investor’s Business Daily (IBD) and the creator of the CANSLIM investing strategy that has been recognized by many as one of the best stock market strategies for investors to follow.

book cover - The Intelligent Investor

Overview:

This book is written by Benjamin Graham, and Warren Buffett has said that this was the best investment advice he had ever received. The author’s goal with this book is to help investors achieve long-term success in stock investing, which includes buying stocks at a low price, not being overly emotional about short-term fluctuations of share prices, and diversifying your investments.

The Intelligent Investor does not teach you how to buy stocks but instead teaches you what kind of stocks should be bought. This book is primarily geared towards an investor who is looking for a long-term strategy rather than a short-term one.

Pros:

  • Great book for beginners to understand the stock market.
  • Simply written for an easy read that anyone can understand.

About the Author:

Benjamin Graham was a professor at Columbia University. He is also known as not only one of the best investment advisors to Warren Buffett and his mentor but also for being called The Father of Financial Analysis by people like John Maynard Keynes and Paul Samuelson.

book cover - A Random Walk Down Wall StreetA Random Walk Down Wall Street

Overview:

This book is written by Burton Malkiel, and he teaches that the best way to invest in stocks for beginners is a strategy called “indexing.” This simply means buying an equal dollar amount of all stocks. The author warns readers against investing in individual companies because he believes this strategy leads to overconfidence and mistakes.

We would recommend this book to anyone who has never invested before but wants an easy read that will teach them some basics on how stocks and indexes work without having to wade through all of the complicated terminology.

Pros:

  • Beginner-friendly.
  • Great book for those who are looking to learn more about index funds rather than individual stocks.

About the Author:

Burton Malkiel is a Princeton economist and was the first chairman of the Council on Economic Advisors. He wrote this book to help readers learn about how stocks work without having to take an expensive class, or read 100+ pages because he wants everyone with an interest in investing to be able to understand it easily.

book cover - market wizards

Overview:

This book is a compilation of interviews with professional stock traders who have been in the industry for over 20 years. The author, Jack Schwager, doesn’t teach you about how to make money but instead shares his experiences and insights into what it takes to be successful when trading stocks. The traders interviewed are some of the most influential people in the industry.

The book is a must-read for anyone who wants to know what it takes to trade stocks successfully, and it’s perfect for beginners because there are no formulas or complicated math involved here – just simple stock trading advice from people that have been successful at it.

Pros:

  • This book is full of anecdotes and insights from some of the most successful traders in the industry.
  • Easily understandable for beginners because it doesn’t teach you about formulas or complicated math when trading stocks.

About the Author:

Jack Schwager is a retired stockbroker and he has been in the industry for over 20 years. He is also a best-selling author and he has won the Best Trading Book Award twice. Schwager’s intention with this book was to share his experience in the industry with readers who are interested in trading stocks but don’t know where to start or what it takes to be successful.

book cover - One Up On Wall Street

Overview:

This book is written by Peter Lynch, and he teaches the reader how to identify good companies in which to invest. He promotes “growth investing” as a strategy where you buy stocks when they are at their lowest point (to decrease your risk) because this means that they have been proven undervalued for some reason or another.

We would recommend this book for anyone who wants to read an easy-to-understand guide that teaches them how to invest without having to learn a lot of complicated math. This book also teaches the reader how to identify good stocks without having to spend a lot of time.

Pros:

  • Clear, easy-to-understand writing style.
  • Lays out the fundamentals of “growth investing” in an engaging way that’s easy and without having to learn a lot of complicated math – perfect for beginners!

About the Author:

Peter Lynch is a former head of the Fidelity Magellan Fund and has been in the industry for over 20 years. He was able to earn an annual return of 29% throughout his tenure at Fidelity by investing in stocks that had strong fundamentals like high-profit margins, low debt levels, etc. His intention with this book was to share how he was able to achieve this success and teach others how they can do the same, which is what makes it a must-read for beginners.

book cover - Common Sense Investing

Overview:

In this book, the author shares his wisdom on how to invest in stocks without having to take expensive classes or read 100+ pages because he wants everyone with an interest in investing to be able to understand it easily. “The Little Book of Common Sense Investing” teaches readers why they should always buy at least one index fund every time they invest so that their portfolio will automatically diversify risk – something many investors don’t do enough of when building their own portfolios.

This book is perfect for beginners because it doesn’t teach you about formulas or complicated math when trading stocks.

Pros:

  • Great for beginners.
  • Teaches readers how to automatically diversify their risk when building a portfolio without any formulas or complicated math.

About the Author:

John Bogle is the founder of Vanguard, one of the world’s largest investment management companies with over $15 trillion assets under management globally and has been in the industry for over 50 years. His intention when writing this book was to share his wisdom on how to invest as simply as possible, which is why it’s a must-read for beginners.

book cover - Irrational Exuberance

Overview:

This book explains the psychology behind why investors make irrational decisions when investing in stocks. The author analyzes how these mistakes can cause a bubble to form and what this means for people who are invested in that market at that time; as well as some of the possible consequences which may ensue from an economic downturn.

Pros:

  • Excellent for beginners because it teaches them some of the consequences that may ensue from an economic downturn and how to protect themselves against “irrational exuberance” so they don’t fall into the trap of making irrational choices with their investment money.
  • Lays out a few formulas and math problems that are easy to understand.

About the Author:

Robert Shiller is a professor at Yale University and he has won the Nobel Prize in Economics for his research on asset prices. He wrote this book to help people who are investing their money understand why some investors make irrational decisions about stocks and how these mistakes can cause bubbles to form that will affect anyone invested when they happen.

Other Books - Detailed Review Coming Soon

8. Common Stocks and Uncommon Profits

9. The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

10. Reminiscences of a Stock Operator

11. Buffett: The Making of an American Capitalist

12. Trade Your Way to Financial Freedom

13. The Little Book That Beats the Market

14. Liar’s Poker

15. Alchemy of Finance

16. Fooled by Randomness

17. Japanese Candlestick Charting Techniques

18. Extraordinary Popular Delusions and the Madness of Crowds

19. When Genius Failed: The Rise and Fall of Long-Term Capital Management

20. Encyclopedia of Chart Patterns

21. The Financial Diet: A Total Beginner’s Guide to Getting Good with Money

22. The Little Book of Value Investing

23. A Beginner’s Guide to the Stock Market: Everything You Need to Start Making Money Today

Wrap Up

Reading books about stocks might seem daunting at first, but there are plenty of beginner-friendly titles out there that will help you become better educated on investing without having to take expensive classes or spend too much time reading about it.

This post has ranked & reviewed the best stock market books for you based on the content and author so that you don’t have to do all the research yourself!

Also, check out our recommended books on day trading.

Ash & Pri

Ash & Pri are the Founders of AshandPri.com where they empower others to make smart money decisions across all aspects of life. They achieved financial freedom in their 30's and have traveled to over 30 countries, thanks to a disciplined approach to money management. Both hold an MBA degree and have 13+ years of experience in financial services, consulting, and telecommunications.
Ash & Pri - Sketch
ABOUT ASH & PRI

Welcome to our corner of the internet. We’re a married couple and have spent the last decade of our lives building our way towards financial freedom and a lifetime of memories.

Having successfully achieved our early retirement goal in under 10 years, we look forward to sharing our financial sense with like-minded people. Read more about Ash & Pri here.

Exciting things coming up! Join the mailing list to stay connected.

RELATED ARTICLES