There are really just a handful of people universally agreed upon as experts and teachers to thousands of people in the investment field. Most have done us the huge favor of writing and publishing their process. A couple haven’t written their own books but are the subject of well-researched books by others.
Here are four of the top investors and their published book(s) any individual investor should study:
Originally published in 1949 and updated by Graham until 1973, the modern versions are updated by Jason Zeweig with some input from Graham’s most famous student, Warren Buffett.
Graham was a professor at Columbia Business School where his students included many successful Value Investors including Warren Buffett, Charlie Munger, Philip Fisher, Peter Lynch, John Templeton, and Joel Greenblatt.
His first book: Securities Analysis, is an in-depth, advanced finance textbook.
The Intelligent Investor is much more accessible so, start with it.
Buffett has not written his own book but as the CEO of his publicly traded holding company, Berkshire Hathaway, writes extensively on his methods. A number of authors have used these records to write about his methods.
You can start by reading The Warren Buffett Way by Robert Hagstrom.
Another Graham student (though not via Columbia), Lynch became famous for running the Magellan Mutual Fund from 1977 – 1990 while averaging an annual return of over 29 percent (more than double the S&P 500 of that time period).
Lynch has published several books but to start with, you should read the compelling One Up On Wall Street.
Fisher’s first book: Common Stocks and Uncommon Profits is still relevant today.
Working from his home base in northern California, he became famous for picking the original technology growth companies from the precursors to today’s Silicon Valley.
I suggest you read them in this order but, whatever you do, if you seriously want to learn to invest profitably in individual company’s stocks, read these four at least once and follow their methods.