Go back
14 May 2024 11h25

7 essential books on investing

7 essential books on investing


Discover 7 investment books you can read at your own pace, written by experts who have spent years researching the subject.


With these 7 investment books, you'll gain insight into the thinking of influential investors, as well as tips and advice on how to build a smart portfolio. Add these must-read books on investing to your reading list.



1. "The Intelligent Investor”, by Benjamin Graham



This is a unique investment book, a must-read for anyone who wants to deepen their financial knowledge. The author is one of the greatest investment advisers of the 20th century and has been a source of inspiration to people all over the world. It’s a classic that helps investors avoid the most common mistakes and develop long-term strategies. It has sold millions of copies and deserves to be kept and reread, especially before making a major investment decision. To find out more about the kind of content you'll find in this book, watch this informative video.




2. "Warren Buffett’s letters to shareholders: Lessons for investors and shareholders selected from the letters to Berkshire Hathaway shareholders”



Warren Buffett took control of Berkshire Hathaway Inc., a small textile company, in April 1965. At the time, each share sold for around €18 – a figure that would rise to more than €220,000 almost 50 years later.


This book is an unedited collection of Warren Buffett's letters to shareholders from that period this period, with unprecedented access. You can still feel Buffett’s eagerness and enthusiasm to share his methods, in intelligent, humorous accounts full of popular references that are a pleasure to read. Also noteworthy is the latest digital version of this book (Kindle Edition), which now includes all the letters through to 2023.



3. "Market Wizards”, by Jack Schwager



This book on investing is a must-read for anyone who wants to know how very different investors think. It brings together a series of interviews conducted by Jack Schwager with a wide range of traders. What makes these interviews so compelling is the openness with which investors share their most challenging moments. It is often in these difficult moments that the most valuable lessons can be learned.


On each page, the reader will discover some of the conditions that have led to failure, such as lack of focus and discipline, poor risk management, lack of planning and others. More than just a recommended book, this is an essential source of insight from some of the world’s most respected and successful professionals.


It’s worth discovering the other interview books that followed, such as "Hedge Fund Market Wizards: How Winning Traders Win”, "Market Wizards: Interviews with Top Traders” and "Stock Market Wizards”, which continue to inspire the strategic decisions of professionals around the world. Watch this video to discover the key highlights of each book.





4. "Beating the Street”, by Peter Lynch



In this international bestseller, Peter Lynch, one of the leading figures in the world of finance, reveals the secret to building a successful investment portfolio and outperforming the market. His legacy is one of creating strategies capable of delivering significant returns while remaining accessible to the ordinary investor.


In this book, Lynch takes the reader through a detailed, step-by-step process of picking the right stocks and building a solid portfolio, based on his own experience and intuition. The great strength of this book is the way in which the author simplifies the research process needed to make informed and effective investment decisions. He also provides guidance on how to select the best funds and improve investment performance.


Here is a summary of what you will find in this book.


5. "Ordinary Shares, Extraordinary Profits”, by Philip Fisher



These are 15 fundamental points for choosing the best stock market investments, listed by one of the most influential investors of all time. Presented over 60 years ago, they are still used and studied today.


Philip Fisher has inspired generations of professionals, including Warren Buffett, and in this single volume he presents his most important texts in an accessible and practical way. The book is recommended for anyone who wants to deepen their knowledge of the stock market. Watch this video to see the key highlights of the book.




6. "Investing in stocks for the long term”, by Jeremy J. Siegel



How do you build a long-term profitable portfolio in times of crisis? This masterpiece shows how it can be done, even in unique situations such as the financial crisis and the ensuing global recession. It provides a unique perspective on historical trends and identifying opportunities.A must-read for anyone seeking an in-depth understanding of the forces that drive markets, backed by years of research and translated into practical terms. Here’s an overview of what you’ll find in this essential book.




7. "Principles for Dealing with the New World Order”, by Ray Dalio



"Principles for Dealing with the New World Order” is a fundamental guide to understanding the global economy and identifying investment opportunities in the future. After half a century of extensive research into different economies, global markets and even empires of the past, Ray Dalio combs through key historical periods to find patterns and causal relationships in the major changes of the last 500 years. Banco Carregosa has written a foreword to the special edition of this book. You can now find out more about the contents of this book.




Banco Carregosa, expert advice for investors


This selection of investment books covers everything from basic principles to more advanced strategies to help investors explore the world of finance with greater confidence. Whether you’re taking your first steps or want to fine-tune your strategy, you can benefit from the experience and knowledge of the Banco Carregosa team to help you make informed decisions and achieve your financial goals. Contact us.