In honour of World Book Day, Colin, Karyn, and Blair share their top finance and investing book recommendations - from timeless classics to modern favourites. Whether you are just getting started or deep into your financial journey, this episode is packed with page-turners that can help you build wealth, understand risk, and avoid common investing mistakes. Tune in and add some smart reads to your list!
Here are some of our favourites if you want to add to your list!
📚 Foundational Investing Books
These form the bedrock of investing knowledge.
- The Intelligent Investor by Benjamin Graham: The bible of value investing; timeless lessons on risk and discipline.
- Common Stocks and Uncommon Profits by Philip Fisher: Introduced the idea of qualitative analysis and "scuttlebutt" research.
- A Random Walk Down Wall Street by Burton Malkiel: Covers everything from index funds to behavioral finance; great for all levels.
- One Up on Wall Street by Peter Lynch: Simple strategies to find winning stocks as an everyday investor.
- The Little Book of Common Sense Investing by John C. Bogle: Bogle's no-nonsense guide to passive, low-cost index investing.
🧠Behavioural Finance & Psychology
Understand the why behind investor decisions.
- The Psychology of Money by Morgan Housel: Short, powerful stories about how people think about wealth, greed, and happiness.
- The Behavioral Investor by Daniel Crosby: In-depth look at how psychology drives poor investment decisions.
- Misbehaving: The Making of Behavioral Economics by Richard Thaler: How economic decision-making often defies rational logic.
- Thinking, Fast and Slow by Daniel Kahneman: Explains cognitive biases that impact judgment — including in finance.
💼 Portfolio Management & Strategy
More sophisticated frameworks for wealth building.
- Unconventional Success by David Swensen: Yale's endowment manager explains why most investors should avoid active funds.
- Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein: A sweeping history of how humans learned to understand and manage risk.
- The Most Important Thing by Howard Marks: Legendary investor shares key insights on risk, cycles, and second-level thinking.
- Antifragile by Nassim Nicholas Taleb: For those interested in systems that benefit from volatility and uncertainty.
🚀 Bonus: Modern & Practical
For today's fast-moving financial landscape.
- I Will Teach You To Be Rich by Ramit Sethi: Actionable personal finance for millennials and Gen Z, with a side of humor.
- The Bogleheads’ Guide to Investing by Taylor Larimore, Mel Lindauer, Michael LeBoeuf: A step-by-step, practical investing guide rooted in Bogle’s principles.
- Just Keep Buying by Nick Maggiulli: Data-driven decisions on when to spend, save, and invest.
- The Laws of Wealth by Daniel Crosby: A blend of practical investing advice and behavioral insight.
- Flash Boys by Michael Lewis: A look into high-frequency trading and how markets have evolved with technology.
- The One-Page Financial Plan by Carl Richards: Simple strategies for aligning your money with your life.
