The Best Investing Books Ever

I’ve only been posting here for a few months, but already I’ve learned that the most valuable part of writing online is meeting smart, interesting people and learning from them. I learn mostly through books, so I’ve asked a bunch of my favorite writers what their all-time favorite investing books are. I love the list that has resulted from the first group of respondents. Here is a meta-curated list of the best investing books ever, from Meb Faber, Morgan Housel, Josh Brown, Michael Kitces, Michael Batnick, and Ben Carlson (full list below). My own top five will be the feature in June’s book list, so sign up over here.

I’ve read most of these books (but did find some great suggestions that I didn’t know of) and can attest that if you read each one, you would have an incredibly thorough and well rounded take on markets.  This is like a bachelor’s and master’s degree combined. Thanks to all the great writers who submitted books–hopefully this will be the first of several similar lists. 


The Worldly Philosophers by Robert Heilbroner 

Investing: The Last Liberal Art by Robert G. Hagstrom 

Backstage Wall Street by Joshua M. Brown

Irrational Exuberance (2nd Edition 2009) by Prof Robert J. Shiller

Simple Wealth, Inevitable Wealth (Fifth Edition 2013) by Nick Murray

Fooled by Randomness by Nassim Taleb

Unexpected Returns by Ed Easterling

Myth of the Rational Market by Justin Fox

Misbehavior of Markets by Benoit Mandelbrot

Against the Gods by Peter Bernstein

The Most Important Thing by Howard Marks

Your Money & Your Brain by Jason Zweig

The Warren Buffett Portfolio by Robert G. Hagstrom

The Little Book of Common Sense Investing by Jack Bogle

Poor Charlie’s Almanac by Charlie Munger

The Intelligent Investor by Ben Graham

Market Wizards by Jack Schwager

Trend Following by Michael Covel

Bull! by Maggie Mahar

Reminiscences of a Stock Operator by Edwin Lefevre

Triumph of the Optimists by Dimson, Marsh and Staunton