5 Books all investors have to read

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Let's say I started investing today, and I wanted to read some books about investing that I could actually understand, where is exactly would I start, and why.

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1. The little book about common sense investing | Jack Bogle
- Which was the guy credited with creating the first index fund
- He just past away last year and had a net worth of around 80M
- And he did not pick stocks he just invested into index funds

This book:
- Will teach what an index fund is and how it works
- And more important why you shouldn't trust money manager that want to charge you a ton of money in fees
- And my favorite point, that you can still become wealthy in the stock market without having to pick stocks which is a lot riskier for the average investor.

Tip: The reason this book is first is that I know, you already know the company you like, like amazon, tesla, and more. But it's important you understand all your options first.

2. a random walk down Wallstreet | Burton G. Malkiel
- this book is very dramatic and controversial, but very honest and that’s what I like in books ( keeps you awake)
- what burton does is expose Wallstreet analyst and specialist, and all the people that they are smarter than you, and tells you, that you can do better than them
- it shows you, you don’t need to be a genius to win.

Main things you learn:
- the odds and probabilities when it comes to the stock market
- different type of investors and which ones are the worst
- and a lot of stories in history about scams that repeat themselves in different ways.
Tip: this is one is second because you’ll build a supportive argument in your mind about how things really go down.

3. One up on wall street | Peter Lynch
- You only read this book, if after two books you still want to be a stock picker
- And peter lynch was the manager of a fidelity fund where if you invested 10k, it would be worth over 200k in less than 13 years
- He owned over 1000 stocks and is a legendary investor, his still alive with a net worth of 450M

Now this Book:
- Will teach how to pick stocks and what you need to pick stocks
- Also teach you that investing is about creating a story about the company, with supporting facts to go along with it
- Example, I think Amazon is going to do great over the next 10 years because they are x and x and x, and here is the proof

Tip: this is the easiest investing book to understand for picking stocks, the language is simple. ( but you will need google sometimes)

4. Common stocks and uncommon profits | Phil Fisher
- Was a legendary investor that created a foundation for investing
- Which helped warren and charlie Munger both
- He created the 15 points to look for when investing in a stock

This book:
- Will show you how to analyst a company and value it
- And what types of companies to buy
- And most of these investors just create a story, and when the story changes they sell

Tip: this author is no longer here, but his ideas still live on.

5. The intelligent investor | Benjamin Graham
- This is the book that changed warren buffer way of thinking
- And it always helped me too, but it's not as beginner-friendly, so that’s why I placed it last
- But it was one of the books that will give you the best value

Tip: a lot of the book here will teach you want to look for and how to think, but this book will teach how to analyst and that’s important.

Extras:
Security Analysis | Benjamin Graham and David Dodd ( 2n edition)
the wealth of nations of adam smith

tip: when books start to sound the same and you understand the ideas, that’s usually good a sign, that you are learning more, but not a sign to stop learning.
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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.
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To the person reading this: you’re beautiful and don’t let anyone bring you down and STAY SAFE 🦋🦋🦋

NissiOnafowokan
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Thanks for this, this video is a must-watch for every beginner investor 🙌 Subbed and liked

1- Little book of investing - Jack Boggle ( Founder of Vanguard, perfect start to learn the index fund fundamentals)

2- A random walk down wall street - Burton Malkiel (mind opener, dramatically exposes wall street and the art of investing)

3- One up in wall street - Peter Lynch (Find the story of each investment you make, ignore the news, basically the bible of investing, a 10 bagger is the goal 💰)

4- Common Stocks and Uncommon Profits (Phil Fisher) - How to select each stock and differentiate from the rest, value investing)

5- Intelligent Investor - Benjamin Graham ( analysis of each stock, the how-to of investing)

Bonus complex books:

6- Security Analysis

7- Wealth of investing

motivational
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I can't wait to give these books a try as I begin my investing journey. Great Video Tommy! 👍🏾

CalebOliver
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If I ever get rich I’m going to say this guy was my mentor.😀

dailymemes
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Love your video man appreciate the knowledge and knowledge is useless if it’s not shared 💪🏽🖤

hotextract
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Most of these books I've read they're phenomenal 😀

Je.rone_
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Intelligent investor all the way! Reading 4 hour work week atm

TradingWithCJ
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Dude I swear to god I was gonna look up how to invest when you know nothing and my guy tommy delivers

justinjumariburner
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Dope video King, can you do a video on why you shouldn’t keep money at the banks?

AmoneyBanks
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“Invested” by Danielle and phil town is a great book for investing also

jaimemario_
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Thank you tommy for tour teaching man. I would
Like to know if you could share the first 15 books you read about

kelvynmendez
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Never herd of peter lynch but I know brotha lynch, he the homie

deepsilencersmd
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Guess what Tommy!!!! I order the millionaire real estate investor by gary keller And security analyst by Bejamin Graham ima read those books and thank you for your suggestion of the wealth of nation once I get those 2 books ima get the wealth of nations book next ONCE AGAIN AWESOME video bro I LOVVVEEEE YOUR BOOK recommendations videos I love when you make book recommendations videos 😃😃😃

haimeedwards
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How the hell you get the time to read 200 books?... Do these books have audio formats?

lobsterstrange
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Can you make a another debit card for kids video

Fifa-epjg
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All these books are almost the Bible of investing

KelechIwuaba
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Lmao you said jack Bogle. I think its John

xenaxia
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You should make an onlyfans account and charge like $50 a month for this information

rahzidaneptoon