Bill Gates reads 50 books a year — a new book just about every week.
Warren Buffett spends 5 hours every day reading through hundreds of pages of reports and newspapers.
Mark Cuban reads more than 3 hours daily.
The list of billionaires and executives who set aside time for reading is staggering, and nearly all of them credit reading with giving them the tools needed to succeed in their roles.
Most CEOs and top executives read 4-5 books per month. We’re talking leaders of major brands and businesses — game changers who bring brand new products to the market every year… These are the people who make the type of money most people only dream about. If they can find the time to read that much, then clearly there is still value in picking up a book.
If you want to reach their level, it’s worth putting together a plan to get there. First, ask yourself, how many books did you read last year? Once you have a baseline, make a plan to increase your reading gradually. Then, put together your reading list.
Best Books for Investing Success
Here are some of the top books to add to your collection to potentially improve your investing success.
The Little Book of Common Sense Investing
Every investor, both seasoned and brand new, has heard of the Vanguard Group. It’s one of the world’s largest investment companies, offering a large selection of low-cost mutual funds, ETFs, advice, and related services. And its founder, John C Bogle, not only created the first ever index fund, but also authored our first recommended book.
Considering Bogle’s track record of success, you should heed his advice. And he lays it out in this fantastic book.
In some ways, it’s a fascinating read for no other reason than he takes an unusual approach to investing: He sees the markets as a lose-lose proposition. But, he knows, and teaches you, how to stack the odds in your favor.
Grab your copy here
The Essays of Warren Buffett
It’s often said you should learn from the best, no matter what it is you’re learning about. Well, with a fortune of around $84 billion — making him the third richest man in the world — Warren Buffett is definitely standing at the top of the investing game.
The book, now in its fourth edition since its release in 2015, explains the relationship between corporations and their shareholders. And while this makes it perfect for beginner investors, the book has a lot of technical jargon, making it sometimes easy to get lost if you’re not paying full attention.
Warren Buffett has become a household name, and this book shows why. The essays cover over 50 years and are worth reading for nothing other than to learn from the world’s most successful investor!
Grab your copy here
The Intelligent Investor
Considering Benjamin Graham was a long term mentor to Warren Buffett, it’s no surprise his wildly successful book made this list.
But let’s be clear: This book won’t make you rich. In fact, for an investing book, the advice is rather safe. But in today’s uncertain economic climate, it’s exactly what everyone should be reading.
It’s the perfect book for beginners because it covers the basics everyone should know before investing a single cent. However, that’s not to say advanced investors won’t find any value here.
It’s actually also the perfect annual read for more seasoned investors because it reminds us that investing is about being smart with your money, not about gambling it.
Grab your copy here
One Up On Wall Street
For those skeptical of investing, this is THE book to read. Peter Lynch believes that solid investment opportunities are all around us, like nuggets of gold, and all it takes to make money is taking a moment to stop and look for those opportunities.
The New York Times says Lynch, a renowned investor in his own right, is “in a league by himself.”
So it’s little wonder One Up On Wall Street has sold over 2 million copies since its release in 2000…
Grab your copy here
A Random Walk Down Wall Street
No matter what industry or skill you’re learning, they all follow one common rule: You have to learn to talk the talk, or at least understand it, before you can walk the walk. A Random Walk Down Wall Street is loaded with definitions and is an invaluable addition to your reading list if you’re trying to get a handle on your first 401(k). The author, Burton Malkiel, puts a lot of emphasis on long-term investment strategies. But even if you’re a more speculative investor, the sections on how to avoid common mistakes is more than worth the price of admission.
Grab your copy here
While you may not be able to commit to reading 5 hours every day like Buffett, Cuban, or Gates, setting aside even a couple hours every week for reading can make a huge impact in your investing success. So close Netflix and open one of the above books to move your finances forward.