Thread Reader
Jason Zweig

Jason Zweig
@jasonzweigwsj

Nov 25
26 tweets
Twitter

If you’re looking for gifts this holiday season, here are my suggestions for the books every investor should own. If you’re looking to read and learn, you need books that have stood the test of time. These few will, I believe, still be indispensable decades from now.

I’ve read every one of them from cover to cover, often more than once. (Some aren’t about investing, but I’ve included them because they will help you make better financial decisions.) In alphabetical order:
Gary Belsky and Tom Gilovich explain why smart people do such stupid things with money amzn.to/3GFROkz
Peter Bernstein brilliantly chronicles the history and meaning of risk amzn.to/3V4X0CS
William J. Bernstein summarizes all you need to know amazon.com/Four-Pillars-I…
Jack Bogle offers a reliable road map to investing (not just in mutual funds!) amzn.to/3u1VFRa
Edward Chancellor illuminates the history of booms and busts (pair it with Kindleberger, below) amzn.to/3V2pyNe
Elroy Dimson, Paul Marsh and Mike Staunton document and analyze long-term asset returns. (For serious investors only.) amzn.to/3gAW4qY
Richard Feynman gives master classes on critical thinking amzn.to/3EYC22M amzn.to/3tXuE1m
“Adam Smith” (George J.W. Goodman) punctures Wall Street’s pretensions amzn.to/3OCPdtK
Morgan Housel shows how to think about money and wealth amzn.to/3EDtn4u
Darrell Huff will make you a little smarter in only a couple of hours amzn.to/3VpTov6
Daniel Kahneman explains how people make decisions (disclosure: I helped Prof. Kahneman research, write and edit the book but don’t receive royalties from it) amzn.to/3OAMAZb
Charles Kindleberger describes how and why markets go to extremes (pair it with Chancellor, above) amzn.to/3tUvdck
Roger Lowenstein spells out what makes Warren Buffett such a paragon of business amzn.to/3GEVV0h
Burt Malkiel explains how markets work amzn.to/3gEOPxY
Bertrand Russell shows how to separate sense from nonsense amzn.to/3VbGn8M amzn.to/2oTgUFL
Alice Schroeder delves deep into Warren Buffett’s mind and motivations amzn.to/3XwJj0W
Fred Schwed Jr.’s masterpiece is not only the funniest book ever written about Wall Street but one of the wisest (disclosure: I wrote the foreword, but don’t receive royalties from it) amzn.to/3tTDHR4
Finally, I’ll list some books I *do* earn royalties on, without further comment. You can make up your own mind about them.
I’ve provided some additional commentary on classic investing and personal-finance books here: jasonzweig.com/best-books-for… jasonzweig.com/five-books/ jasonzweig.com/do-you-know-th… jasonzweig.com/what-i-read-an… Happy giving, and happy reading!
Jason Zweig

Jason Zweig

@jasonzweigwsj
Investing columnist for @WSJ. Editor, Benjamin Graham's *The Intelligent Investor.* Author, *Your Money and Your Brain* and *The Devil's Financial Dictionary.*
Follow on Twitter
Missing some tweets in this thread? Or failed to load images or videos? You can try to .