Four books every aspiring value investor should read:
The Essays of Warren Buffett: Lessons for Corporate America, by Warren E. Buffett and Lawrence A. Cunningham
The Intelligent Investor: A Book of Practical Counsel, by Benjamin Graham
Common Stocks and Uncommon Profits, by Philip A. Fisher
The Little Book That Builds Wealth, by Pat Dorsey
Beginning Investors
Against the Gods: The Remarkable Story of Risk, by Peter L. Bernstein
A Random Walk Down Wall Street, by Burton G. Malkiel
Beating the Street, by Peter Lynch
Buffettology, by Mary Buffett and David Clark
Good to Great: Why Some Companies Make the Leap . . . and Others Don’t, by Jim Collins
How to Be a Value Investor, by Lisa Holton
How to Read a Financial Report, by John A. Tracy
Investment Madness: How Psychology Affects Your Investing . . . and What to Do About It, by John R. Nofsinger
One Up on Wall Street: How to Use What You Already Know to Make Money in the Market, by Peter Lynch and John Rothchild
Select Winning Stocks Using Financial Statements, by Richard Loth
The Essential Buffett: Timeless Principles for the New Economy, by Robert G. Hagstrom, Jr.
The Future for Investors: Why the Tried and the True Triumph Over the Bold and the New, by Jeremy J. Siegel
The Little Book of Value Investing, by Christopher H. Browne
The Little Book That Beats the Market, by Joel Greenblatt
The Motley Fool Investment Guide: How the Fool Beats Wall Street’s Wise Men and How You Can Too, by David Gardner and Tom Gardner
The Neatest Little Guide to Stock Market Investing, by Jason Kelly
Intermediate Investors
Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing, by Hersh Shefrin
Buffett: The Making of an American Capitalist, by Roger Lowenstein
Bull’s Eye Investing: Targeting Real Returns in a Smoke and Mirrors Market, by John Mauldin
Contrarian Investment Strategies: The Next Generation, by David Dreman
How to Pick Stocks Like Warren Buffett: Profiting from the Value Hunting Strategies of the World’s Most Famous Value Investor, by Timothy Vick
Investing: The Last Liberal Art, by Robert G. Hagstrom
Investment Fables: Exposing the Myths of “Can’t Miss” Investment Strategies, by Aswath Damodaran
It’s Earnings That Count: Finding Stocks with Earnings Power for Long-Term Profits, by Hewitt Heiserman, Jr.
John Neff on Investing, by John Neff and S. L. Mintz
Just One Thing: Twelve of the World’s Best Investors Reveal the One Strategy You Can’t Overlook, by John Mauldin
Lessons from the Legends of Wall Street, by Nikki Ross
Money Masters of Our Time, by John Train
More Than You Know: Finding Financial Wisdom in Unconventional Places, by Michael J. Mauboussin
Mosaic: Perspectives on Investing, by Mohnish Pabrai
Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger, by Charles T. Munger
The Dhandho Investor: The Low-Risk Value Method to High Returns, by Mohnish Pabrai
The Essential Buffett: Timeless Principles for the New Economy, by Robert G. Hagstrom
The 5 Keys to Value Investing, by J. Dennis Jean-Jacques
The Five Rules for Successful Stock Investing: Morningstar’s Guide to Building Wealth and Winning in the Market, by Pat Dorsey
The Focus Investor, by Richard M. Rockwood
The Warren Buffett Portfolio: Mastering the Power of the Focus Investment Strategy, by Robert G. Hagstrom
Value Investing: A Balanced Approach, by Martin J. Whitman
Value Investing: From Graham to Buffett and Beyond, by Bruce C. N. Greenwald, Judd Kahn, Paul D. Sonkin, and Michael van Biema
Value Investing Today, by Charles H. Brandes
When Genius Failed: The Rise and Fall of Long-Term Capital Management, by Roger Lowenstein
You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits, by Joel Greenblatt
Advanced Investors
Creative Cash Flow Reporting: Uncovering Sustainable Financial Performance, by Charles W. Mulford and Eugene E. Comiskey
Expectations Investing: Reading Stock Prices for Better Returns, by Alfred Rappaport and Michael J. Mauboussin
Financial Fine Print: Uncovering a Company’s True Value, by Michelle Leder
Financial Shenanigans: How to Detect Accounting Gimmicks and Fraud in Financial Reports, by Howard M. Schilit
Financial Warnings, by Charles W. Mulford and Eugene E. Comiskey
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, by Nassim Nicholas Taleb
Investment Philosophies: Successful Investment Philosophies and the Greatest Investors Who Made Them Work, by Aswath Damodaran
Investment Valuation: Tools and Techniques for Determining the Value of Any Asset, by Aswath Damodaran
Options as a Strategic Investment, by Lawrence G. McMillan
Quality of Earnings: The Investor’s Guide to How Much Money a Company Is Really Making, by Thornton L. O’Glove
Security Analysis: The Classic 1940 Second Edition, by Benjamin Graham and David Dodd
The Aggressive Conservative Investor, by Martin J. Whitman and Martin Shubik
The Interpretation of Financial Statements, by Benjamin Graham and Spencer B. Meredith
The (Mis)behavior of Markets: A Fractal View of Risk, Ruin, and Reward, by Benoit Mandelbrot and Richard Hudson
The Quest for Value, by G. Bennett Stewart, III
The Theory of Investment Value, by John Burr Williams
Valuation: Measuring and Managing the Value of Companies, by Tim Koller, Marc Goedhart, and David Wessels