The Best Books for Financial Professionals to Read | John F. Davenport | Finance Website
The finance world is a competitive one. Aspiring or current innovators in the financial industry need to know that there are many books to help excite and optimize their skillset. These are just some of the top books for financial professionals , each of which shines a new light on this sometimes-shadowy profession.
The Intelligent Investor
While not strictly a finance book, this classic by Benjamin Graham is essential reading for anyone interested in the stock market or personal wealth. In it, Graham lays out his philosophy of value investing. Additionally, it gives readers a detailed account of his early successes and failures — information that can be invaluable for those looking to make money in stocks.
This is another classic that has stood the test of time and continues to be an essential read for many people working in finance today. Buffett explains his investing philosophy and how he became a great investor. It is often considered the definitive work on value investing and personal financial management for anyone interested in making a fortune.
The 7 Habits of Highly Effective People
Re-released in 2010, this book by Stephen Covey remains as crucial as ever, laying out seven essential habits of highly effective people and how they can be applied to everyday life — whether business or personal. It is somewhat of a unique development classic since it makes many of the same recommendations that Covey has made in the past to his own life.
While some might argue that this book lacks an academic tone, those who take a deeper dive into this read will find practically all of the information extremely interesting. It’s written in style and from a perspective that seems to have resonated with people for years and years.
The Intelligent Asset Allocator
This book is written in a very academic tone, but it’s well worth the time it takes to read it. This is the book to use when trying to understand more about value investing and how that concept can help you with your investing choices. It offers a unique insight into what makes Benjamin Graham such an important figure in finance today.
This book focuses on value investing and how Graham’s concept can be used to make intelligent decisions with one’s money. It builds upon the ideas laid out in The Intelligent Investor and will likely enable readers to maximize their investment potential.
The Elements of Investing
Another good choice for people looking to understand value investing, The Elements of Investing, isn’t exactly a page-turner. However, it’s an academic book that will teach readers to analyze the most fundamental parts of investing — evaluating businesses and purchasing stocks. It’s informative, educational, and easy to understand.
This book is written in an academic style that could seem intimidating or unapproachable to some readers. But those who are willing to stick through it and learn the concepts it covers will stand to gain a lot from this read. It offers readers a thorough understanding of finance, never diving too deeply into topics that could be confusing or overwhelming.
The books mentioned above can be a great start to help you find what you’re looking for. However, it is essential to understand that there are hundreds of other books on the market — and some of them may be more relevant or helpful to your goals than others.