You would think that an entrepreneur would have a knack for business and investing and you would be right. But they didn’t get this way overnight. It takes years of practice and learning to become skilled in the art of business. The best entrepreneurs are never far from a good business and investing book, many will tell you that this is one of the primary reasons they are successful in business.
These ten business and investing books have been put together as the best on this topic based on the total amount of sales, reviews and my own personal experience. I maintain a great collection of business and investing books and learn at least one new concept from every business book I read.
Top 10 Business and Investing Books that any Entrepreneur will Love
1. Antifragile: Things That Gain from Disorder by Nassim Nicholas Taleb
Rarely is a book so serious and so entertaining. Nassim Taleb in a cheeky intellectual; a spiritual descendant of Nietzsche. Antifragile is the kind of book that makes you look at and question what you’ve been doing previously.
Taleb’s thinking is not highly-conceptual out of the box thinking, but it is a conceptual, non-linear, pattern of thinking. And, in this way, it is like his other two previous works.
2. Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012: A Fortune Magazine Book by Carol J. Loomis
This book is a great read for anyone interested in Warren Buffett’s investing and managerial career. The book is a compilation of Fortune articles on Warren Buffett going all the way back to 1966. The articles comprise a type of business biography with a special commentary by Carol Loomis.
It is not a book on specific technical procedures that Buffett makes when he decides on which businesses or stocks to buy. I enjoyed this business and investing book and the stories that were contained in both Fortune and the annual reports.
3. The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham, Jason Zweig and Warren E. Buffett
If it’s good enough for Warren Buffet, then it has to be good. It is an excellent tutorial on what to look out for and what to expect when investing and speculating in the market. Follow the guidelines and you will inevitably make more and/or lose less in the stock market.
Provides a high level of clarity. At the same time this is not light reading and does require concentration. The explanations and clarifications by Jason Zweig are excellent.
4. Mindset: The New Psychology of Success by Carol S. Dweck
This book has the potential to change your life. It far exceeds the standards of a typical ‘Self-Help’ book in that it is based on years of empirical research and includes directions about how to use the author’s conclusions. It’s not just one man’s opinion.
Dweck’s research is spot-on and very informative. The text is written in an approachable way that is easily understood and implemented.
5. Automate This: How Algorithms Came to Rule Our World by Christopher Steiner
This book shows in great detail how math and science has been integrated into financial trading and across the world and in its many ways! Anyone wanting a better understanding of how the financial world works today can benefit from reading this book.
This book is clearly not for someone looking to understand algorithms in any technical depth, rather for someone looking to get a broad perspective on how algorithms are changing our world and affecting many aspects of our daily lives.
6. Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki
There are several variations of the old saying that the “rich” really are different. My favorite is that most of us plan for Saturday night while the rich plan for generations. It is more about attitude than the techniques of making and keeping wealth.
This is a great read for anyone looking to break out of the “rat race.” It is a motivating book that will fire you up for the next chapter in your life.
7. EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches by Dave Ramsey
The leadership chapters in this book are inspiring! From the business chapters, I learned Dave’s practical lessons and all in an easy to read format. It is written in a conversational manner, with humor, wisdom and insight.
Dave is really a great man to come into our lives and show us first how to get ourselves out debt and then to improve how we run our own business or career.
8. Stock Trader’s Almanac 2013 (Almanac Investor Series) by Jeffrey A. Hirsch
It is great for noting major news on a daily basis that can be easily reviewed. Also can make notes about trades on this calendar. I highly recommend this business and investing book for any serious trader.
This is one of the most important stock investment tools available. It gives you the timing to buy or sell in every different scenario, obviously you have to do your home work and keep track of every thing in order to success.
9. The Aftershock Investor: A Crash Course in Staying Afloat in a Sinking Economy by David Wiedemer, Robert A. Wiedemer and Cindy S. Spitzer
The authors cut through the everyday lies and half truths of conventional wisdom and provide a realistic look at the our economic future. They say that knowledge is power. Being prepared is better than sticking your head in the sand and wishing for the best.
Every member of Congress and the USA Executive branch; especially the Fed; should read this book and whether they agree or not, should at least be aware of the current realities of their past policies.
10. Why I Left Goldman Sachs: A Wall Street Story by Greg Smith
A book about being honest and sincere to yourself and not losing yourself to the system. About adhering to your values. About audacity. Greg Smith is absolutely an example of all of the above. In the turbulent time that we live in, with Trust Erosion, we need such people!
The book is a good wake up call. It will help you to evaluate how the financial system is wired. If we do not take time to understand it, it might take us down for good next time.
My target when reading any book, not just business and investing books, is that I want to learn at least one new concept by the time I have completed the book. I actually judge how good a book is by the amount of dog ears I have left once I have finished reading it. Do you have a system for rating the literature you read or do you have any other business and investing books you would recommend? Let me know by adding a comment below.