4 Best Investing Books To Channel Your Inner Buffett

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4 Best Investing Books To Channel Your Inner Buffett

For the average person, the idea of getting into investing can feel unattainable, and only available to the already wealthy or people who are professional stock traders. However, if you do a little reading into the world of finance, you’ll realize that anyone can put their money to work for them. All you need is the right selection of tomes on your bookshelf to get started, so here are some tried and tested publications to pick up if you’ve got ambitions of becoming an investor.

The Intelligent Investor: The Definitive Book on Value Investing

A lot of experts recommend focusing on value-oriented investment strategies, and Benjamin Graham’s classic outlines the ins and outs of this in great detail.

This timeless guide provides novice investors with a framework to help them make informed decisions when it comes to their investments.

Originally published in 1949, this comprehensive work covers topics such as stock market analysis and portfolio construction. It is widely considered one of the most influential books ever written about financial markets, and has been praised by Warren Buffett himself.

With its easy-to-understand language and detailed examples, The Intelligent Investor makes an excellent choice for beginners who want to become financially secure.

One Up On Wall Street: How To Use What You Already Know To Make Money In The Market

If you want to make money in the stock market, Peter Lynch’s One Up On Wall Street is a great place to start.

This book provides newcomers with an accessible and entertaining look at how successful investing works. And given how easy it is to embrace online stock investment today, there’s no excuse not to learn the basics.

Through personal anecdotes from his years of experience as one of America’s most famous fund managers, Lynch explains why understanding businesses and industries is essential for picking stocks that will outperform the market. He helps readers identify trends early on by showing them how to use what they already know about everyday life—from their job or hobbies—to become smart stock pickers.

Whether you are just getting started in investing or have some experience under your belt, this book can be a valuable resource.

The Warren Buffett Way: Investment Strategies of the World’s Greatest Investor

Robert Hagstrom’s The Warren Buffett Way offers you a direct line to get inside the head of one of Wall Street’s most successful investors.

This comprehensive compendium provides novice investors with an in-depth look at how billionaire investor and businessman Warren Buffett chooses his investments. It also offers detailed advice on value investing strategies such as diversification, margin of safety, and understanding balance sheets.

Written by an experienced finance professional who has followed Buffet for decades, this book is packed full of valuable insights that can help any novice investor learn from one of the world’s greatest minds.

Common Stocks and Uncommon Profits and Other Writings

The final investment book to burrow into as a wannabe investment tycoon is Philip A Fisher’s Common Stocks and Uncommon Profits. So whether you’re planning for retirement or saving to cover moving costs, it should be on your reading list.

Like its counterparts, it sets out to talk through a number of important principles of successful stock market investing, such as understanding company fundamentals, spotting value opportunities before others do, diversifying your portfolio wisely, and more.

As you’d expect, it also goes into approaches and strategies that you can apply yourself—from technical analysis to buy-and-hold tactics.

It’s yet another example of how some of the best books on investing aren’t brand-new, cutting-edge works, but rather those that have been around the block and stood the test of time.

Final Thoughts

Investing really is for everyone, but you need to go into it with the right mindset, and the right knowledge to back up your decisions. These books are your gateway to smarter investments.

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.