If you are new to the world of Investing or are in the process of learning more about the art of “value investing” this one is for you! Value investing is an art of investing practiced by early investors like Ben Graham and popularised by several of today’s most successful investors like Warren Buffet, Charlie Munger, Mohnish Pabrai, etc. Below are some of our favorite investing books that focus on the value investing paradigm of investing. We would love if you could also share your thoughts on these books or recommend if any more in your mind.
|One Up On Wall Street How To Use What You Already Know To Make Money In The Market - A stunning starter gem from one of the best value investor. He talks about how the common Joe can pickup this book and start looking at companies within our circle of competence already to invest smartly. I recommend you checking out all Peter Lynch books especially if you are starting out.||$22.65||Buy|
|Poor Charlie's Almanack - A rare book, more of a life learning book than an investing book. But a must read for any value investor to know what it takes to cultivate the temperament||$129.00||Buy|
|Snowball: Warren Buffett and the Business of Life: Warren Buffett and the Business of Life. One of the best ever book on Warrens Life that every value investor should read to know the great investor and the life before success.||$21.56||Buy|
|The Dhandho Investor: The Low-Risk Value Method to High Returns. Yet another great value investor - we love Mohnish Pabrai for the great teachings and self built fortune - a solid value investor||$31.98||Buy|
|Common Stocks and Uncommon Profits - Another classic value investor book even recommended by the greats! must read if you are nurturing as a value investor.||$26.44||Buy|
|100 to 1 in the Stock Market: A Distinguished Security Analyst Tells How to Make More of Your Investment Opportunities||$62.65||Buy|
|Bull!: A History of the Boom and Bust, 1982-2004. A great catalogue of the markets and its reputation as a short term voting machine and long term weighing machine. A great read to stay grounded and understand the functions of an auction driven market in times of fear and greed||$26.61||Buy|
|Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week. Another much loved value investor and teacher. Really useful especially if this is your first read into value investing. Really easy for anyone to pickup and read without any finance background.||$17.99||Buy|
|Berkshire Hathaway Letters to Shareholders, 2013. A great compilation of all the letters right from several decades ago! Sometimes this is something as a value investor i keep going back to! Cant rate high enough..||$72.88||Buy|
|Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life. A closer look into the lives of these great value investors who have found the balance between money and happiness, while still following the "rational" value path.||$10.44||Buy|
|Learn to Earn: A Beginner's Guide to the Basics of Investing and Business||$20.59||Buy|
|Beating the Street by Peter Lynch||$19.53||Buy|
|The Warren Buffett Way||$24.14||Buy|
|Charlie Munger: The Complete Investor||$20.83||Buy|
|You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits||$26.96||Buy|
Value investing is not just about buying stocks below their fair value with a margin of safety, it’s a lifestyle. Yes, truly it’s a full package. That’s what I see from each of these value investors’ life itself (the best book to share this bit is Richer Wiser Happier by William Green).
Some of the above books are not about the hardcore financial stats and numbers, but more about those nontangible traits of value investors that keep them at the top! It is invaluable to be patient, have the right temperament, cultivate inaction in times of greed, and go rationally all in when the right conditions line up. Hope you enjoy this little list, and be assured this will be an evolving one as I discover more awesome books being a value investor myself.