Hi all. My first post and new to stock investment. Can anyone recommend a good book to help me get to grips with analysis, ratios, growth potential etc?
Thanks
This is one of the most famous and highly recommended:
5 Likes
Yeah, thereās a good reason this is always the first book people recommend.
(The footnotes in that edition are helpful as well)
1 Like
A random walk down wall street.
Imho itās the one book every investor should have read. Benjamin Graham is something more experienced investors can dabble in.
1 Like
One up on Wall Street by Peter Lynch.
Value Trap by Brian Nelson.
2 Likes
Thanks all. Appreciated.
Looks like Iāll be investing my first few daysā profits with Amazon 
1 Like
Itās less general than The Intelligent Investor, but if youāre interested in value investment I wouldnāt miss out on this one either. Itāll give you a really good understanding of how financial statements are put together, which in turn will help you to spot red flags and determine intrinsic values.
2 Likes
1 Like
A lot of the best sellers are mammoth beasts that people buy but donāt get round to reading or fully digesting. They are mostly bought to look nice on a book shelf.
This book condenses Warren Buffets 3 favourite beastly texts into a really concise summary of what the original authors are rambling on about. Very easy to read and gives you a good idea of what value and growth investing is about.
2 Likes
I would also say Peter Lynch - One up on Wallstreet
Heās an entertaining writer and probably a lot more accessible than The Intelligent Investor. Probably better as an intro book.
2 Likes
The Little book that still beats the market, by Joel Greenblatt.
This book has around a dozen chapters. The first 6 or 7 of them are basically a translation into a 10 year-oldās language and understanding of The Intelligent Investor (suggested above by @BOOM).
The second part of the book offers a way to screen for stocks. Donāt worry too much on the second part of the book before you read the intelligent investor.
Reading the first part of this book before reading the intelligent investor will make your life a lot easier when you read Grahamās bible. Think of the first half of this book as an extended summary written by one of the most successful investors alive. Being a summary it doesnāt cover all issues raised by B. Graham, rather focusing on a selection of main topics. Hence, it doesnāt replace reading The Intelligent Investor but can be used as a navigational guide. The second half is a useful tool to have under your belt but I think it shouldnāt be the only one.
2 Likes
If thereās a Kindle version, thereās often a free chapter there too.
2 Likes
Iāll need to have a look
He seems to have a newer cheaper version out
Seems like an obvious area to understand after getting the basics down
2 Likes
Iāve just remembered thereās a thread on resources with loads of recommendations
1 Like