Investing Beginner

[Ps3tn0NcYk]

OP,

Start with Trading for a Living by Alexander Elder. Don't let the title fool you -- it is about much, much more than it seems. For instance, he dedicates a part of the book to the psychology of gambling and how it relates to trading/investing.

Then read Market Wizards by Jack D Schwager. It is a collection of interviews with some of the world's most prolific traders / investors. If after reading it you don't feel motivated to "crush" the financial markets then look into finding a capable and established money management firm to handle your assets.

After that, assuming you are still motivated to manage your own assets, you may want to read the volume of Warren Buffett's "letters" to shareholders of Berkshire Hathaway. These are freely available on Berkshire's website.

From there you should have a decent understanding of markets as well as have better defined your own interests and goals (i.e. are you a trader, a buy and holder, a value investor, a momentum trader, etc.) and can branch off into more erudite topics.

[recallme]

Any thoughts about Ps3tn0NcYk book suggestions?

[recallme]

1 "Godel, Escher, Bach: An Eternal Golden Braid (20th anniversary edition with a new preface by the author)"
Douglas R. Hofstadter; Paperback; £13.29

Sold by: Amazon.co.uk
1 "One Up on Wall Street (A Fireside book)"
Peter Lynch; Paperback; £6.99

Sold by: Amazon.co.uk
1 "When Genius Failed: The Rise and Fall of Long Term Capital Management"
Roger Lowenstein; Paperback; £5.99

Sold by: Amazon.co.uk
1 "Security Analysis: Principles and Technique"
Benjamin Graham; Hardcover; £30.38

Sold by: Amazon.co.uk
1 "Beating the Street"
Peter Lynch; Paperback; £5.99

Sold by: Amazon.co.uk
1 "The Little Book That Beats the Market"
Joel Greenblatt; Hardcover; £9.79

Sold by: Amazon.co.uk
1 "The Motley Fool Investment Guide: How the Fool Beats Wall Street's Wise Men and How You Can Too (Motley Fool)"
David Gardner; Paperback; £6.58

Sold by: Amazon.co.uk
1 "The Intelligent Investor"
Benjamin Graham; Paperback; £9.09

Sold by: Amazon.co.uk
1 "Liar's Poker (Hodder Great Reads)"
Michael Lewis; Paperback; £6.74

Sold by: Amazon.co.uk
1 "Monkey Business: Swinging Through the Wall Street Jungle"
John Rolfe; Paperback; £6.56

Sold by: Amazon.co.uk
1 "Barbarians at the Gate"
Bryan Burrough; Paperback; £6.74

Sold by: Amazon.co.uk
1 "Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing (Financial Management Association Survey & Synthesis)"
Hersh Shefrin; Paperback; £11.99

Sold by: Amazon.co.uk
1 "My Life as a Quant: Reflections on Physics and Finance"
Emanuel Derman; Hardcover; £13.99

Sold by: Amazon.co.uk
1 "The Little Book of Value Investing"
Roger Lowenstein; Hardcover; £9.79

Sold by: Amazon.co.uk
1 "The Essays of Warren Buffett: Lessons for Investors and Managers, Revised Edition"
L. A. Cunningham; Paperback; £8.99

Another poster here buyed this sample of books. What do you think about this sample?

Are there good ones among them?

PS: I am stii searching a good book for an investing beginner.