This article will bring you to the list of best books on fundamental analysis of stocks. Insider Monkey has recently published an interesting article about it giving you some advice. If you want to be successful in your career (or in life at all) you need to read a lot – this is an eternal truth, we can say. Reading books on stock trading won’t make you a stock market genius, but it can provide a decent source of income and will allow you to be your own boss, although it will require a lot of effort and much more time than a regular 9-to-5 job, as well as a lot of stress as your own money will be on the line.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three of best books on fundamental analysis of stocks from their list.
The first one is Stocks For The Long Run, by Jeremy Siegel. In the book, Jeremy Siegel, a professor of finance at the Wharton School, provides a long-term analysis of the financial markets. The book was named one of the best investment books and a must-read for investors by several publications and is considered by some to be the “buy and hold Bible” due to Siegel’s arguments in favor of long-term investing. The second book is Portfolio Selection: Efficient Diversification of Investments, by Harry Markowitz, who is the father of the Modern Portfolio Theory, which is the mathematical framework for building a basket of investments that maximize returns for a given level of risk. The theory was published in a paper titled “Portfolio Selection” published in 1952, for which Markowitz won the Nobel prize in economics. In “Portfolio Selection: Efficient Diversification of Investments”, Markowitz provides some mathematical framework using modern methods of analysis and computation that can help an investor build a portfolio. What is also worth mentioning is that the book does not require the reader to have complex mathematical skills. At last, but not least let”s see Beating The Street, by Peter Lynch (with John Rothchild). Peter Lynch is one of the most successful investors on Wall Street, having averaged annual returns of over 29% while managing the Magellan Fund at Fidelity Investments between 1977 and 1990. That success has earned him the title of “legend” and his books on investing are among the best-selling investing tomes. Beating the Street is Lynch’s second book after One Up on Wall Street, which we will discuss on another page, and provides some details about his strategy. In addition, the book is written in a non-academical way and has a conversational style, which should be very helpful for beginners.