Recommended Finance and Business Books

The Timeless Classics

• The Intelligent Investor, by Benjamin Graham
• A Random Walk Down Wall Street, by Burton Malkiel
• Common Stocks and Uncommon Profits and Other Writings, by Philip Fisher
• Asset Allocation: Balancing Financial Risk, by Roger Gibson
• The Intelligent Asset Allocator: How to Build your Portfolio to Maximize Returns and Minimize Risk, by William Bernstein
• The Four Pillars of Investing: Lessons for Building a Winning Portfolio, by William Bernstein
• Capital Ideas: The Improbable Origins of Modern Wall Street, by Peter Bernstein
• Common Sense on Mutual Funds, John Bogle
• Winning the Loser’s Game: Timeless Strategies for Successful Investing, by Charles Ellis

Asset Allocation/ Portfolio Construction

• Asset Allocation: Balancing Financial Risk, 2nd Edition by Roger C. Gibson

Stock Selection

• The Little Book That Beats the Market, by Joel Greenblatt

Risk Management

• Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, by Nassim Nicholas Taleb

Personal Finance

For (Level 0) Beginners

• The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns, by John Bogle

Business Strategy

• The Art of War: by Sun Tzu
• Competitive Strategy: Techniques for Analyzing Industries and Competitors, by Michael Porter
• Good to Great: Why Some Companies Make the Leap…and Others Don’t, by Jim Collins
• Moneyball: The Art of Winning an Unfair Game, by Michael Lewis

Biographies and Studies of Great Investors

• The Essays of Warren Buffett: Lessons for Corporate America, by Warren Buffett and Lawrence Cunningham
• Money Masters, by John Train

For Drama

• Extraordinary Popular Delusions and the Madness of Crowds, by Charles Mackay
• When Genius Failed: The Rise and Fall of Long-Term Capital Management, by Roger Lowenstein
• The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron, by Bethany McLean
• Liar’s Poker, by Michael Lewis
• Devil Take the Hindmost: A History of Financial Speculation, by Edward Chancellor

For (Level 0) Finance Beginners

• Bogle on Mutual Funds: New Perspectives for the Intelligent Investor, John Bogle
• One Up On Wall Street: How to Use What You Already Know to Make Money in the Market, by Peter Lynch
• Where Are the Customers’ Yachts?: A Good Hard Look at Wall Street, by Fred Schwed Jr.
• Unconventional Success: A Fundamental Approach to Personal Investment, by David Swensen
• The Successful Investor Today: 14 Simple Truths You Must Know When You Invest, by Larry Swedroe

For (Level 2) Finance Enthusiasts/ Pros

• Security Analysis, by Benjamin Graham and David Dodd
• Global Investing: The Professional’s Guide to the World Capital Markets, by Roger Ibbotson and Gary Brinson
• Pioneering Portfolio Management: An Unconventional Approach to Institutional Investment, by David Swensen

For (Level 3) Finance Junkies