Meb Faber on his favorite 40 investing books – a great list below -he notes when asked about the best book on investing it is tough to give an answer. Meb discussed the question on his podcast but had no answer. So he took a survey of 1k readers and ranked the top 50 books. Meb removed his books   The Ivy Portfolio and Global Asset Allocation from the rankings. The top choice was what we would likely also recommend to a total newbie to investing or fundamental investing The Intelligent Investor by Ben Graham. Or we might pick one of the top ten which was The Four Pillars of Investing by William Bernstein. Another from the top ten which also would probably make our top ten and possibly number one is a A Random Walk Down Wall Street by Burton Malkiel.

Sorta related Ben Carlson says  Bull: A History of the Boom and Bust, 1982-2004 by Maggie Mahar is one of his favorite books, so its worth a look.

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Also see

Favorite Investing Books - Valuewalk Readers

Books I read (or re-read) in 2016

Books For Investors: Top Ten Recommended

The top ten are all familiar names

1-10 Investing Books

The Intelligent Investor

A Random Walk Down Wall Street

The Most Important Thing

One Up On Wall Street

The Little Book of Common Sense Investing

The Four Pillars of Investing

The Little Book that Beats the Market

What Works on Wall Street 

Market Wizards

Reminiscences of a stock operator

 

 

Here, for reference are the next 40….

The Richest Man in Babylon

Buffet Letter to Shareholders 

If You Can

The Only Investment Guide You’ll Ever Need

Winning the Losers Game 

Dual Momentum Investing

Rich Dad Poor Dad

Trend Following

A Wealth of Common Sense

Margin of Safety

The Elements of Investing 

The Millionaire Next Door

Expected Returns

Investing at Level 3

Investor’s Manifesto

Money

Security Analysis

Simple Wealth, Inevitable Wealth

Stocks for the Long Run 

The Wealthy Barber

Unconventional Success

Fail-Safe Investing: Lifelong Financial Security in 30 Minutes by Harry Browne

Fooled by Randomness 

How To Make Money In Stocks 

The Alchemy of Finance

The Intelligent Asset Allocator

All About Asset Allocation

Asset Allocation

Common Sense on Mutual Funds

Millennial Money: How Young Investors Can Build a Fortune

The Investment Answer 

The Laws of Wealth: Psychology and the secret to investing success 

Thinking, Fast and Slow

Unexpected Returns

What I Learned Losing a Million Dollars by Jim Paul and Brendan Moynihan

You Can Be a Stock Market Genius

Your Money and Your Brain

Against the Gods…the Remarkable Story of Risk

Common Stocks and Uncommon Profits

DIY Financial Advisor: A Simple Solution to Build and Protect Your Wealth

Extraordinary Popular Delusions and the Madness of Crowds

Via Meb Faber