Book recommendations

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

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This is one of the most famous and highly recommended:

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Yeah, there’s a good reason this is always the first book people recommend.

(The footnotes in that edition are helpful as well)

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A random walk down wall street.

Imho it’s the one book every investor should have read. Benjamin Graham is something more experienced investors can dabble in.

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One up on Wall Street by Peter Lynch.
Value Trap by Brian Nelson.

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Thanks all. Appreciated.
Looks like I’ll be investing my first few days’ profits with Amazon :blush:

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It’s less general than The Intelligent Investor, but if you’re interested in value investment I wouldn’t miss out on this one either. It’ll 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.

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Irrational Exuberance: Revised and Expanded Third Edition by Shiller, Robert J.: Very Good Soft cover (2016) 3rd Edition | Chapter Two (Chesham)-UK_Shopp_Tradestandard--product_id=COUK9780691173122USED-_-keyword=&gclid=CjwKCAiA65iBBhB-EiwAW253W-ItnuZa17qqDMfQUKD39-ulkgPfg3BmQtmTucH6_Ndmd90XtLDcgRoCtWIQAvD_BwE

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A lot of the best sellers are mammoth beasts that people buy but don’t 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.

https://www.amazon.co.uk/Warren-Buffetts-Favorite-Books-Intelligent/dp/0982967624

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I would also say Peter Lynch - One up on Wallstreet

He’s an entertaining writer and probably a lot more accessible than The Intelligent Investor. Probably better as an intro book.

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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-old’s language and understanding of The Intelligent Investor (suggested above by @BOOM).

The second part of the book offers a way to screen for stocks. Don’t 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 Graham’s 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 doesn’t cover all issues raised by B. Graham, rather focusing on a selection of main topics. Hence, it doesn’t 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 shouldn’t be the only one.

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If there’s a Kindle version, there’s often a free chapter there too.

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I’ll 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

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I’ve just remembered there’s a thread on resources with loads of recommendations

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