There are hundreds of books out there on the topics of finance and investing. Not all of these texts are worth buying, however, as the majority cover the same topics again and again with little in the way of additional insight. That said, there are also plenty of books that are highly informative, and offer unrivaled insight into the financial world.

Here are five of the best books that I believe offer the most bang for your buck to check out this Black Friday.

But first!

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The 5 Best Finance Books

The Ascent of Money: A Financial History of the World

This book takes a look at the history of money, from the beginnings of stock trading to the issue of the first government bond and the growth of the life insurance market. Even though this is not a comprehensive look at the history of finance, it’s a great jumping off point.

The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

The Outsiders has received praise from both Warren Buffett, who placed it as the #1 recommended book in his Berkshire Hathaway Annual Shareholder Letter, 2012 and Charlie Munger, who named it as one of the 19 books he thinks every investor should read. The book details the investment careers of Tom Murphy, Henry Singleton, Bill Anders and John Malone among others. All of these CEOs generated outstanding returns for their shareholders over their careers, and The Outsiders details the traits that helped them win where others struggled.

Business Adventures: John Brooks

This book is Bill Gates’ favorite business text.  Published in the 1960s, he believes that it’s still highly relevant today:

“'Business Adventures' is as much about the strengths and weaknesses of leaders in challenging circumstances as it is about the particulars of one business or another. In that sense, it is still relevant not despite its age but because of it. John Brooks's work is really about human nature, which is why it has stood the test of time.”

When Genius Failed: The Rise and Fall of Long-Term Capital Management

The rise and fall of the world’s largest hedge fund at the time. This book is a case study in how spectacularly wrong investing can go and contains an important lesson: investing is not easy. Markets are unpredictable and untamable, the story of LTCM is the greatest example of how underestimating the market can go catastrophically wrong.

Common Stocks and Uncommon Profits

Phil Fisher’s classic, which does not get as much attention as it deserves. Common Stocks is a lesson in long-term growth investing and unlike other growth investing books out there, has received praise from Warren Buffett himself.

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