Best Finance Books for Investors and Entrepreneurs

Daniel Penzing
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Asset Allocation

This book is a great introduction to investment and asset allocation. In the book, you will learn why a balanced portfolio is important and how to address conventional wisdom, including the "why save and invest, why not live it up now?" mindset. It explains what diversification is, why you should diversify your portfolio and how to do so with different assets. It also covers how to rebalance your portfolio and what pitfalls you should avoid, whether it is withdrawing from your portfolio too early or waiting too long to make changes.

&&&Investing for Dummies

This is a great book for people who are new to investing and are thinking about starting to invest. It covers a broad and general overview of the different types of investment vehicles available, the pros and cons of each, how taxes work, and what to look for when selecting an advisor. It also covers the basics of how to evaluate funds, how to buy stock, and how to determine if a fund is a good one. For people who are just getting started with investing, this book is a great place to start.

&&&ETFs: A Guide to Exchange-Traded Funds

The Four Pillars of Investing

Since it was originally published in 1999,

Becker's book has become one of the most recommended books on investing.

A Random Walk Down Wall Street

The Time-Tested Strategy for Successful Investing, Burton Malkiel

This is by far the most recommended book for people who want to learn about the ways to invest in Stocks, Bonds, Mutual Funds and other such financial products. It is written by Burton Malkiel, who is a respected economist and a Business professor at Princeton University.

He doesn’t believe in the usefulness of Technical Analysis in investing and instead advocates the use of Efficient-Market Hypothesis in which the market price already reflects all the available information and nothing can be gained by analyzing the past data. He also doesn’t recommend stock picking method of investing which involves time and hard work to invest.

The Intelligent Asset Allocator

Three of the greatest living investors have combined their knowledge in this book, which is the third book in a trilogy. John Bogle, of the first index mutual fund pioneer Vanguard, Gene Fama, a leader in the efficient market hypothesis, and his son, Ken, one of the pioneers of the study of behavioral finance, have combined their insights into a coherent whole.

This book does more than outline strategies for long-term investing success. It draws on all three authors’ own experience and research to provide a guide to basically all aspects of investing, from asset allocation, to balancing performance, to risk management.

‬‬ Do Not Time the Market

We see this widely reflected in the portfolios of the three authors.

So the book is not just a theoretical study, it is also a practical guide for applying what you learn to your own portfolio.

The authors also have done a great job at including lots of statistics and examples throughout the book to support their recommendations.


This book covers communication between the reader and the author, that is the two main topics. The book is supposed to enable the reader to make their own financial decisions by reading the book and it is not a get rich overnight type of thing.

There are many books out there on finance and investing, but this book stands out because of the continuous communication that allows you to get a bigger understanding of what the book is talking about.

The authors are going to frame the whole point of the book in their introduction, they are going to tell the reader what they can do to get started and what they can expect. The authors are going to go over a very large spectrum of topics in order to make sure that the reader has all of their bases covered when they are trying to invest.

The book is going to cover the different types of investments that are out there including stocks, bonds, mutual funds, index funds, certificates of deposit, and many other things in between.

The book is going to make sure that you understand the different things that can go wrong so you can protect yourself against what could happen. The authors are going to talk about what is going to happen if you work with a broker and explain all of the potential risks of that.

The Intelligent Investor

This book was written in 1949 by Benjamin Graham, who has been called the father of value investing.

Value investing is the investment philosophy of buying a company stock only when it is available at a discount, or "below its intrinsic value"…value being defined as the discounted price of future free cash flows of the company.

If you are an individual investor trying to become rich slowly through the stock market by buying value stocks, this is the most important book you can read.

The Intelligent Investor was voted most important book for investors by American investment bankers, and it's on every list of top finance books by investment gurus.

Although it is almost 60 years old, this book is still relevant today. In fact, its advice is astonishingly on the mark. It is a book of timeless wisdom … wisdom that is often led astray by the latest investment fads.

The Intelligent Investor has been reviewed and critiqued by leading financial minds since it was published. This was the first time the public was exposed to the benefits of value investing.

Benjamin Graham makes the case for buying stocks at a discount and holding them for the long term.

He believed that most individual investors will overpay for stocks and sell too early because they are overly emotional and pick stocks based on tips.


The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds Most Famous Investor

By Mary Buffett and David Clark

At a time when investors are searching for the next great way to make money, audiences are also asking questions about the life of Warren Buffett. What examples can be taken from the world’s most successful investor? In Buffetology, the authors have provided the answers to these questions with an in-depth study that is based on Buffett’s own life and principles.

This book explores Buffett’s investment records and how his particular style was created. The inspiration for the book was founder Mary Buffett’s work as a massage therapist and acupuncturist in the early 1990s and the years of questions she heard from clients about her late father’s investment decisions. Buffettology looks at Buffett’s lifetime of decision-making and how he can be a model for people to manage their own finances successfully.

Buffettology is The Way Warren Buffett Does it – with a bonus section extending Buffett’s investment wisdom into the new millennium.

The New Buffettology

The 4 Value Stages of a Winning Business by Mary Buffett and David Clark

This book takes an in depth look at controversial stock investments and examines the differences between price and value in investing. It has a very analytical approach that is illustrated by worksheets, tables, spreadsheets and a variety of charts. You’ll easily be able to see every aspect of the investment being made.

The main question addressed in Buffettology is where an investment exists in the value cycle. They propose four distinct stages of company growth that are reflected in both stock price and business value. By purchasing at the right time, an investor can find a purchase with a valuation well below the average market value.

In Buffettology, Mary and David Clark add significant new information and illustrations to the New Buffettology. Buffettology includes a guide to valuing businesses using the Relative Valuation method, an exclusive book excerpt from The Essays of Warren Buffett, the applications of Buffettology, detailed examples, and more.

The Dao of Capital

Austrian Investing in a Distorted World by Mark Spitznagel

Mark Spitznagel has become synonymous with the term “Austrian” investing in recent years. His firm has generated plenty of attention for its outsize returns, but the hedge fund manager and entrepreneur has deeper goals.

Spitznagel has a grand vision of transforming capitalism as we know it, reorienting it toward its true function: advancing society through the creation of value. And to get there, we need institutional and cultural change, along with better education and more transparency.

Spitznagel has applied his deep thinking to value creation, monetary economics, and global investing in The Dao of Capital. Rather than delve into technical analysis and data-driven risk models, Spitznagel focuses on the human side of investing: economic knowledge, psychological principles, and self-awareness.

This is not a book for the faint of heart. Spitznagel challenges all of his assumptions, leaving readers with a work that will vastly shift their perspective and approach. The benefits are potentially enormous, but there’s a steep learning curve involved.

Asset Protection

This book is short and to the point. It gives practical advice which you can follow. It may work, it may not. There are no guarantees, but it will give you some things to try.

Wealth Secrets of the Affluent

Millionaires and Your Next Door Neighbors:

Most of us assume that rich people are born that way. They’re not …they simply know how to manage their money. This book presents several proven investment strategies and a complete plan to help you get rich.

Rich Dad Poor Dad:

There’s a reason why so many people flock to this book. It’s one of the most popular personal finance books of all time, consistently making The New York Times Bestsellers List for over a decade. The book is so popular because its advice is so valuable. It teaches readers how to get out of debt, build wealth and achieve financial independence. It’s especially important reading for young adults who have lots of hustle and no wealth.

The Stock Market, High-Speed Trading and the Threat to the Economic Future of Our Country:


  • The Art of the Start. This is one of the best books on entrepreneurship. It covers everything from coming up with a business idea, raising investment funds, growing the business, and exiting. I think anyone starting a new business or thinking of becoming an entrepreneur should read this book at least once.
  • Blue Ocean Strategy. This is another classic business book for entrepreneurs. It has everything from how to transform a bad situation into a great one, how to distinguish the market from the competition, and how to improve your business.
  • The Lean Startup. This book teaches the concept of The Lean Startup, which focuses on using rapid experimentation based on validated learning to learn what works and remove what doesn’t.
  • Made to Stick. A simple yet very effective concept in this book is that your ideas are just as important as your products, in fact sometimes they are more important. The thing that fundamentally changes a company from the bottom up is a great, strong, sticky idea. This book focuses on that exact concept.

The E-Myth Revisited

Written by Michael Gerber, The E-Myth Revisited contends that small business owners typically don’t understand the essential role that systems play in their business… and that this misunderstanding is the primary reason why the majority of small business fail.

This book will show you how to apply proven entrepreneurial principles to your business to get it off the ground and keep it growing steadily.

Probably the best-known book on the management of small businesses, it was written in 1987 and has engaged readers around the world ever since. This book is an easy read and very inexpensive.

Rich Dad, Poor Dad

The books listed here are the best books for personal finance. I read these books to get me started on my financial journey.

The rich dad series of books is without a doubt the best. Rich Dad, Poor Dad is the first book. It will teach you how to think arround the black box of income and expenses and to think about money to decide what to do with it. After reading rich dad poor dad, you will understand there is 2 kinds of money. Cash flow and Cash flow less expenses. The cash flow is what makes money grow.

Rich Dad's Prophecy – This book will help you to understand how the market really works and what skills are best for high net worth individuals.

The Business of the 21st Century – How the internet and new business experiences are changing the way we do business.

My favorite quote from rich dad:

"Money isn't made. Money is grown. Good luck trying to tax it. You can't eat it or wear it. You can burn it in a fire. You can't make a lamp out of it. Can you imagine what your paycheck would look like if it were taxed by the government? What if the government added a tax to the food you ate, to the air you breathed, to the sunshine? I don't think people would be too happy. Yet they are perfectly happy paying taxes on their earnings." – Robert Kiyosaki

The Millionaire Fastlane

The best finance book or should I say the best book on how to become rich by reading books? Well the answer you will find inside this book. It has such a small amount of text that most would think there can’t be much useful advice in this book.

But after reading it you will find how effective simple and short pieces of content can be for imparting information to the reader. You will also find out how some information is more effective for changing our behavior than other types of information.

The book makes an extraordinary effort to debunk many of the myths that people believe in, notably the linear and time consuming methods of being rich. Imagine quitting your job and becoming rich in 45 days in just 45 minutes a day. It is possible and the authors have done it.

The title is already pretty self explanatory. How to get rich quickly or according to the authors the fastlane. The two authors represent the perfect model for the modern entrepreneur. They have in a very short time managed to turn their side hustle into a full blown successful business.


This book was written by Dave Ramsey, a respected personal finance guru. In the book, he explains how to use a budget to live cheaply and save money for big investments and other important goals.

Of course, being Dave Ramsey, this isn’t an ordinary budgeting book. It’s much more personal than that. He believes that the only way to last over the long term is to make sacrifices right now for something that’s better and more important to you in the future. By doing that, you’ll never have to worry about money again.

So, Ramsey explains that you have to put every dollar to work for you. Work on your net worth by using budgeting and investing as a way to increase it. This shift is how you can find financial freedom and make money work for you.

What he says makes a lot of sense. You can make a budget that works for you and build a strong financial future.

The best thing about this book is its practical advice. It’s easy to read and easy to follow. One of the most important points it brings up is that you have to set goals and put in the work to accomplish them. It recognizes that your success will not happen overnight and you can’t make money work for you.


(and Finance) for Dummies

Gives you a general overview of macroeconomics, covering everything from inflation, unemployment, and interest rates to fiscal policy and the impact of monetary policy on the financial markets.

Includes Simple Examples Demonstrating How These Macroeconomic Topics Have Played out Historically and How They’re Playing out Today

Shows how economics effects our everyday lives, from the big picture to day-to-day.

Explores the difference between microeconomics and macroeconomics, how they work, and how they’re related.

Material is accessible and presented in a light, non-academic way.

Supplies the Same Tried and True Methods that Professionals Use to Help People Develop a Budget and Maintain It

Money: The Basics

Discusses basic money skills, such as debt and credit, paying bills, tax preparation, and marketing.

Offers over 60 Practical Tips and Charts to Help You save Money

Explains investment options such as stocks, bonds, mutual money, and insurance.

Covers Everything from College Education to Retirement

Budgeting for Dummies, 2nd Edition.

Free to Choose

A Personal Statement

Along with Milton Friedman's Free To Choose book and television series was a companion book called Free To Choose: A Personal Statement.

In this book, you'll find all of the thoughts that have guided me and influenced me as an economist, and as a person.

In some respects, it's the personal story of a young man from Brooklyn named Milton Friedman who started as a professional economist in the 1930's, full of great hopes for what economics could do.

The book evolves as his observations and his thinking, and his hopes for economics, and for free markets led to a series of changes and continuing education of beliefs, culminating in the book and the television series, both called Free To Choose in the early 1980's.

I especially like a section in the very beginning where he answers a question about whether he thinks economics is a good science. He says that economics is a science, but a science is different than a natural science in the sense that the things that we discover, much of what we discover we can't predict in the first place.

That if you want to predict what's going to happen, it has to be tested against what happens. Whereas in the natural sciences, when we discover some effect, we can test it and then we can predict it, which is the essence of the difference.

Even more interesting is his answer to this question:

Are You a Secret Socialist?

Capitalism: The Unknown Ideal

This book is written by Ayn Rand, who is perhaps one of the most controversial, yet influential figures in American history. She is an outspoken champion of individualism, so her writing is bound to stir up some controversy. This book is a collection of essays that cover Ayn Rand’s thoughts on capitalism, and the book is widely praised by both economist and non-libertarians.

Some of the topics covered in this book include the moral and ethical implications of capitalism, the nature of welfare systems, and what the future of capitalism looks like. The book is definitely not for everyone, but if you’re looking to learn more about capitalism and the liberal reaction to it, then this book is a great place to start.

Money Mischief: Episodes in Monetary History

This book is a wonderful way to go back in time and learn about the origins of the Federal Reserve. It’s hard to imagine that roughly 100 years ago, the primary interaction between banks and their customers was a letter.

Although the book is extremely specific to the United States, you can use the history as a foundation for understanding how banking changes took place around the world and why we have the financial system that we do today.

The Millionaire Next Door

(Profile of Millionaires)

Thich Nhat Hanh

This book is one of the few books that distills the essence into one page.

This is the idea that you should be performing activities that you don’t necessarily enjoy, but doing the things you love most in life will ensure long term greatness.

Elicit the essence of the right type of millionaire behavior.

It is a short book that should be a part of every person’s stash.

Should you focus on increasing your income?

Do you need an extravagant home?

Is it even important to wear luxury clothes?

The Millionaire Next Door is the classic guide that answers these questions.

It is an amazing book for a potential entrepreneur as it is filled with incredible knowledge about the ones who built their empires with their sweat and blood.

Use this book if you’re looking to maximize your income by applying the wealth generation principles in your business.

Tobias Carlisle

This is the type of book that you’ll want to read in bed.

Most readers will be glued to it because Carlisle writes in an easy-to-read manner and the contents are fascinating.

The author truly lives by the code that he preaches.

The Creature From Jekyll Island

The Creature from Jekyll Island demonstrates that the Federal Reserve System is neither federal, nor a reserve, nor does it have much to do with credit. The book also shows how the Fed has destroyed the free market economy.

Ever wondered where the term “to monetize the debt” came from? It comes from The Creature from Jekyll Island. The book tells the true story of the passage of the Federal Reserve Act, which initiated the cartelization of the American economy.

Written by G. Edward Griffin, this book takes the reader on a journey that started in Europe and ended in the United States. It explains how the well-meaning individuals from Europe, who had visited the United States to study the current banking system, plotted to prevent what they perceived as the impending crash of the U.S. banking system.

They plotted to create a system of central banks. It’s an eye-opening book that goes into detail about how the Federal Reserve System was set up and why it was set up. However, you have to read the book to get the full details.

The next book on our list is The Simple Solutions to Save Thousands of Dollars on Your Mortgage.

This book shows the reader how to make some critical changes to their mortgage and estate plan to save thousands of dollars during their lifetime and, therefore, also save thousands of dollars as a result.

Unlimited Wealth

The Science of Creating and Thriving in the Life You Choose

I’ve written a lot of books on making money online in many different trades. With the increased competition among online entrepreneurs, it becomes that much harder to find a niche that offers a decent return for time invested. So, as I have said many times, “What’s old is new.”

I am talking about the barter system. In this book, I reveal my secrets for using the barter system not only to make money, but to save myself from going broke. Here’s the reality check. Most people in the United States are living paycheck to paycheck. But it doesn’t have to be that way unless you choose to spend every dime that comes your way.

The barter system combined with the other ideas in this book can put you in a position to live the life you truly want. You have the power to live the life you choose.