The following is a list of books that I felt deserved mention. In terms of the Top 50 list, these are books that helped broaden or deepen my understanding of how markets function, helped me understand my own personal investment psychology as a trader, or helped further develop and fine-tune my investment methodology. The number next to each title is its rank (on a scale of 1 to 10) in terms of quality and relevance. In terms of the Top Non–Investment-Related Books list, these are books that helped me align my personal psychology, which helped pave the way to success. The copyright dates of books written before 1960 are in boldface. It is interesting to read books written in entirely different eras to understand that human nature has not changed. This is why a sound methodology can endure over decades if not centuries.
The Top 50
9.9 | How to Make Money in Stocks by William O’Neil |
9.9 | How to Make Money Selling Stocks Short by William O’Neil and Gil Morales |
9.9 | Trend Following by Michael Covel |
9.8 | The Battle for Investment Survival by Gerald Loeb 1935 |
9.8 | Reminiscences of a Stock Operator by Edwin LeF`evre 1923 |
9.7 | Lessons from the Greatest Stock Traders of All Time by John Boik |
9.7 | The Best: Tradingmarkets.com Conversations with Top Traders by Kevin Marder |
9.7 | The New Market Wizards by Jack Schwager |
9.7 | Market Wizards by Jack Schwager |
9.7 | Bulls Bears & Millionaires by Robert Koppel |
9.7 | The Mind of a Trader by Alpesh B. Patel |
9.7 | How to Trade in Stocks by Jesse Livermore 1940 |
9.7 | The Winning Edge by Jake Bernstein and Nancy Toghraie |
9.6 | Zen in the Markets by Edward Allen Toppel |
9.6 | Stock Market Logic by Norman Fosback |
9.5 | The Art of Contrary Thinking by Humphrey B. Neill 1954 |
9.5 | Wall Street Ventures and Adventures by Richard Wyckoff 1930 |
9.5 | The Wall Street Waltz by Kenneth Fisher |
9.5 | The Momentum-Gap Method by Robert Cable |
9.5 | How I Made $2,000,000 in the Stock Market by Nicholas Darvas 1960 |
9.5 | Money Talks by Robert Koppel |
9.5 | The Roaring 2000’s by Harry Dent, Jr. |
9 | Tape Reading and Market Timing by Humphrey B. Neill 1931 |
9 | Only Yesterday–An Informal History of the 1920’s by Frederick Allen 1931 |
9 | Liar’s Poker by Michael Lewis |
9 | The Amazing Life of Jesse Livermore by Richard Smitten |
9 | Jesse Livermore Speculator King by Paul Sarnoff |
9 | How to Be a Billionaire by Martin Fridson |
9 | 1-Way Pockets: The Book of Books on Wall St. Speculation by Don Guyon 1917 |
9 | Twenty-Eight Years in Wall Street by Henry Clews 1888 |
9 | Secrets of the Investment All-Stars by Kenneth Stern |
8.8 | Causes of the 1929 Stock Market Crash by Harold Biermann, Jr. |
8 | Trader Vic—Methods of a Wall Street Master by Victor Sperandeo |
8 | Trader Vic II—Principles of Professional Speculation by Victor Sperandeo |
8 | Winning on Wall Street by Martin Zweig |
8 | Trading for a Living by Dr. Alexander Elder (with study guide) |
8 | The Ups and Downs of a Wall St. Trader during the Depths of the Great Depression of the 1930’s by David Feldman |
8 | Statistical Reasoning by Gary Smith |
8 | Wall Street: A Pictorial History by Leonard Levinson |
8 | Oh Yeah? By Edward Angly 1931 |
8 | Market Timing for the 90’s by Stephen Leeb |
8 | Intermarket Technical Analysis by John Murphy |
8 | Extraordinary Popular Delusions & The Madness of Crowds by Charles Mackay 1841 |
8 | Encyclopedia of Technical Market Indicators by Robert Colby & Tom Meyers |
8 | The New Money Masters by John Train |
7 | The Technical Analysis Course by Thomas Meyers |
7 | The Tao Jones Averages by Bennett Goodspeed |
7 | The Money Culture by Michael Lewis |
7 | The Hulbert Guide to Financial Newsletters by Mark Hulbert |
Best of the Rest
7 | The Education of a Speculator by Victor Niederhoffer (imploded October 1997) |
7 | Secrets of Profiting in Bull & Bear Markets by Stan Weinstein |
7 | One Up on Wall Street by Peter Lynch |
7 | Investments (Text used in MBA Investments 233 course at UC Berkeley) |
7 | Inside Wall Street 1920–1942 by S. Marshall Kemper |
7 | Dun & Bradstreet’s Guide To Your Investments 1991 by Nancy Dunnan |
7 | Confusion de Confusiones by Joseph de La Vega 1800’s |
7 | Confessions of a Stock Broker by Andrew Lanyi |
7 | Classics II by Charles D. Ellis |
7 | Bernard Baruch: My Own Story by Bernard Baruch |
7 | What Works on Wall Street by James O’Shaunessy |
7 | The Super Traders by Alan Rubenfeld |
7 | The Nature of Risk by Justin Mamis |
6 | The Mathematics of Money Management by Ralph Vince |
6 | Men and Mysteries of Wall Street by James Medbery 1878 |
6 | Market Movers by Nancy Dunnan and Jay Pack |
6 | Economics by Paul Samuelson and William Nordhaus (text) |
5 | The New Technical Trader by Tushar Chande and Stanley Kroll |
5 | The Merchant Bankers by Joseph Wechsberg |
5 | The Five-Day Momentum Method by Jeff Cooper |
5 | The New Stock Market by Diana Harrington, Frank Fabozzi, and H. Russell Fogler |
5 | How to Buy Stocks, 7th edition by Louis Engel and Brendan Boyd |
5 | Handbook of Financial Markets by Frank Fabozzi |
5 | The Corporate Alchemists by Lee Davis |
5 | Portfolio Management Formulas by Ralph Vince (Wiley) |
5 | Hit & Run Trading by Jeff Cooper |
Top Non-Investment Related Books
The Power of Now by Eckhart Tolle |
A New Earth by Eckhart Tolle |
The Science of Getting Rich by Wallace D. Wattles |
Ask and It Is Given by Esther Hicks |
The Law of Attraction by Esther Hicks |
Chicken Soup for the Soul by Jack Canfield |
Sacred Hoops by Phil Jackson |
Narrative of the Life of Frederick Douglas |
The World As I See It by Albert Einstein |
Wooden by John Wooden |
Autobiography by Benjamin Franklin |
Right Reason by William F. Buckley, Jr. |
The Art of the Deal by Donald Trump |
Leaders by Richard Nixon |
Malcolm Forbes—The Man Who Had Everything by Christopher Winans |
The Elements Beyond Uranium by Glenn Seaborg |