Again, I don't mean to frustrate you, but the idea of best introductory books just doesn't jump out to me. So I will take three paths in suggesting what answer I can give to you.
1. I would suggest that you ask folks on Piffer OT thread or others that you find interesting and knowledgeable.
2. I offer these as "best" picks rather than "intro" picks:
a. Anything written by Jim Grant. He is the best financial author that I know. Not only extremely market savvy, but a great wordsmith, too. He has written four books and has a website grantspub.com I also suggest that you subscribe to his free email newsletter.
b. For trading, the Market Wizard series by Schwager is excellent.
c. For value investing, start with The Intelligent Investor by Benjamin Graham and if you are really motivated read Security Analysis by Benjamin Graham.
d. For efficient market and index fund information read Bernstein's "Capital Ideas" and his book "Against the Gods" and read John Bogle Sr.'s book "Bogle on Mutual Funds".
e. For great informative reading in a fiction context but really packed with great stuff, read anything by Edwin Lefevre, particularly "Reminiscences of a Stock Operator"
f. For a great website with superior financial titles for ideas, see fraserbooks.com in fact, order their hardcopy catalog.
g. Read Tommy Dorsey's Point and Figure. Not only is it a superior book written by a very nice fellow, you have quite a crowd of his employees and followers on si. Also you can ask questions directly of Tommy Dorsey. Member 7518731
His main employee for helpfulness and information on si is Ms. X (Jan) Member 3348639
h. For a more bearish (and I believe realistic view of where the markets are right now) watch posts by my friend Bill Meehan Member 641660 He makes frequent appearances on cnbc, cnn, cnnfn, etc. Bill balances fundamental analysis with technical analysis.
i. For a bearish point of view from a more strict fundamental point of view, read Michael Burke for awhile Member 1346235 He ran what at the time was the largest mutual fund in the United States and will answer any question you want to fire at him.
j. Adam Smith, Andrew Tobais, and Peter Lynch all write very good stuff that is very easy to follow. Perhaps that is as close to an "intro" type text that I could suggest. Particularly Tobias and Lynch. Smith is very good also, but a little less intro.
3. Back to reading material, I can give reviews on the list below if you are considering reading any of the titles there. Ackerman The Gold Ring Adams The Big Fix Adams & Frantz A Full Service Bank Alger Coming Back on Wall Street Alger Getting Creamed on Wall Street Alletzhauser The House of Nomura Allrich The On-Line Investor Anders Merchants of Debt Angly Oh Yeah? Auletta Greed and Glory on Wall Street Bailey Fall from Grace Baldwin & Stotts Mortgage-Backed Securities Barnett The Nissan Report Barrett Trump Batra The Great Depression of 1990 Beardstown Ladies Common-Sense Investment Guide Beebe The Big Spenders Benedict The Chrysanthemum and the Sword Bernstein Grounded Bernstein Capital Ideas Bernstein Against the Gods Bianco Rainmaker Binstein & Bowden Trust Me (Charles Keating and the Missing Billions) Birmingham America's Secret Aristocracy Bogle Bogle on Mutual Funds Bogle The Triumph of Indexing Boland Wall Street's Insiders Bonker America's Trade Crisis Brashler Traders Brimelow The Wall Street Gurus Brooks The Autobiography of American Business Brooks The Go-Go Years Bruck The Predators' Ball Burrough Vendetta Burrough & Helyar Barbarians at the Gate Burstein Yen Bygrave & Timmons Venture Capital at the Crossroads Caes Tools of the Bear Campbell Understanding Stocks Caplan The Options Advantage Carlson Free Lunch on Wall Street Chase Mugged on Wall Street Chernow The House of Morgan Chilton The Wealthy Barber Chorafas Chaos Theory in the Financial Markets Cox & Rubinstein Options Markets Crawford & Sihler The Troubled Money Business Crump The Theory of Stock Speculation Darvas Wall Street, the other Las Vegas Davidson & Rees-Moog The Great Reckoning Dicke Franchising in America Donoghue w/ Tiling No-Load Mutual Fund Guide Dolan Straight Talk on Money Dorfman The Stock Market Directory Drucker The Effective Executive Dunlap Mean Business Eccles & Crane Doing Deals Economist, the Buide to Business Numeracy Edwards & Magee Technical Analysis of Stock Trends Eichenwald Serpent on the Rock Ellis Institutional Investing Emmott The Sun Also Sets Epstein & Garfield The Psychology of Smart Investing Fahy w/ LeBlanc The Streetwise Investor Federal Reserve Purposes & Functions Fehrenbach The Gnomes of Zurich Fischel Payback Foster Towers of Debt Frantz From the Ground Up Frantz Levine & Co. Fraser 10 Rules for Investing Fraser 10 Ways to become Rich Fraser P.S. What do you think of the market Fraser The Art of Selling Stocks Friedman & Meehan House of Cards Fullman Options: A Personal Seminar Galbraith Economics in Perspective Galbraith The Anatomy of Power Galbraith The Great Crash Galbraith Money Gardner/Gardner The Motley Fool Investment Guide Garrett Where the Money Grows Gates The Road Ahead German The Only Money Book for the Middle Class Gibson Asset Allocation Givens Wealth without Risk Gleick Chaos Gold Modern Futures Markets Goldberg Getting the Talk Right Goldenberg Trading Gordon The Scarlet Woman of Wall Street Graham The Intelligent Investor Graham & Dodd Security Analysis Grant Bernard Baruch Grant Money of the Mind Grant Minding Mi$ter Market Grant The Trouble with Prosperity Gray A Thousand Miles From Wall Street Greider Secrets of the Temple Griffeth 10 Steps to Financial Prosperity Griffeth The Mutual Fund Masters Grossman American Express Hagstrom The Warren Buffett Way Haight & Singer Understanding Real Estate Heilbroner & Thurow Economics Explained Henriques Fidelity's World Hickling Men and Idioms of Wall Street Hoyne Speculations its Sound Principles & Rules for its practice Iacocca w/ Kleinfield Talking Straight IFA Franchising Opportunities Guide Inc. Magazine Guide to Finding Capital Investment Co. Inst. 1992 Directory of Mutual Funds Ishihara The Japan that can say no Jacobs Break the Wall Street Rule Jacobs Short-Term America Jensen The Financiers Johnson Takeover Johnson Roller Coaster Jones The Buck Starts Here Kamoroff Small-Time Operator Katzenstein Funny Business Kaufman Interest Rates, the Markets, and the New Financial World Kerzner Understanding Corporate Bonds Kilpatrick Warren Buffett King How to profit from the next great Depression Kornbluth Highly Confident Lamb Running American Business Lampert True Greed Leeb Getting in on the Ground Floor Lefevre Reminiscences of a Stock Operator Lefevre Sampson Rock Lefevre The Golden Flood Lefevre The Making of a Stockbroker Lefevre The Plunderers Lehmann DJI Guide to Using The Wall Street Journal Levine w/ Hoffer Inside Out Lewis Liar's Poker Lewis Pacific Rift Lewis The Money Culture Loeb The Battle for Investment Survival Loeb The Battle for Stock Market Profits Longstreet Viewpoints of a Commodity Trader Love McDonalds, behind the arches Lowe Benjamin Graham on Value Investing Lowenstein What's Wrong with Wall Street Lowenstein Buffett, The Making of an American Capitalist Lynch Beating the Market Lynch One Up on Wall Street Lynch Learn to Earn Mackay Extraordinary Popular Delusions and the Madness of Crowds Malabre Lost Prophets Malkiel A Random Walk Down Wall Street Malkiel A Random Walk Down Wall Street 1996 edition Mamis The Nature of Risk Mann Beijing Jeep Martin Railroads Triumphant Maturi The 105 Best Investments for the 21st Century Maturi Divining the Dow Maturi Main Street Beats Wall Street Mayer Markets Mayer Stealing the Market Mayer The Bankers Mayer The Money Bazaars McCormack What they don't teach you at Harvard Business School McMillan Options as a Strategic Investment Metz & Stasen It's a sure thing Metz Black Monday Millman The Floating Battlefield Mobius The Investor's Guide to Emerging Markets Morita Made in Japan Mrkvicka The Bank Book Muller Adam Smith in his time and ours Nadler Paul Nadler writes about Banking Naisbitt Global Paradox Natenberg Option Volatility and Pricing Strategy Neill The Art of Contrary Thinking Newman King of the Castle Ney The Wall Steet Jungle Ney The Wall Street Gang Niederman This is not your Father's Stockpicking Guide Noddings The Investors Guide to Convertible Bonds Ohmae The Mind of the Strategist Olien/Olien Easy Money Oliver The Real Coke, The Real Story O'Donnell w/ Rutherford Trumped O'Neill How to make money in stocks O'Neill 100 Ways to improve your Investment Results (tape) O'Rourke Eat the Rich O'Shea The Daisy Chain Pacelli The Speculator's Edge Pedersen Play Money Petersen A Better Idea Pickens Boone Pizzo, Fricker & Muolo Inside Job Powell Risk, Ruin & Riches Pratt & Zeckhauser Principals and Agents: The Structure of Business Prendergast Uncommon Profits through Stock Purchase Warrants Preston American Steel Pring How to Forecast Interest Rates Rand Anthem Rand The Virtue of Selfishness Rappaport The Affluent Investor Rawnsley Total Risk Ringold How to Lose Money in the Stock Market Rogers Investment Biker Rogers The Future of American Banking Rosenberg Inside the Wall Street Journal Rosenberg Stock Market Primer Roth Leaps Rothchild Going for Broke Rukeyser How to Make Money in Wall Street Salacuse Making Global Deals Saler Lies Your Broker Tells You Sartoris & Hill The McGraw-Hill 36-Hour Cash Management Course Sauerhaft The Merger Game Schulte The Fall of First Executive Schwager Market Wizards Schwager The New Market Wizards Scott Wall Street Words Seidman Full Faith and Credit Seiver Outsmarting Wall Street Seto The Whiz Kid of Wall Street's Investment Guide Shaleen Volume and Open Interest Sheimo Dow Theory Redux Shook & Shook The Winner's Circle Silver The Inside Raider Skousen Scrooge Investing Slater Soros Smalley & Sturdivant The Credit Merchants Smith The Money Game Smith Paper Money Smith Supermoney Smith The Roaring '80s Sobel AMEX Sobel Dangerous Dreamers Soble & Dallos The Impossible Dream Soros The Alchemy of Finance Soros Soros on Soros Springer The Mutual Fund Trap Sprouse If Time is Money, No Wonder I'm not Rich Stein A License to Steal Sterngold Burning Down the House Stevens The Big Six Stevens King Icahn Stewart Den of Thieves Stolper w/ Mattlin Wealth: An Owner's Manual Stone April Fools Tamarkin The New Gatsbys Taub Taurus Teweles & Jones The Futures Game Thomas The Plungers and the Peacocks Thomsett The Mathematics of Investing Thurow The Zero-Sum Society Tobias The Funny Money Game Tobias The Invisible Bankers Tobias Getting by on $100,000 a Year Tobias The Only Investment Guide You'll Ever Need Tobias Still the only Investment Guide (tape) Tolchin Buying into America Toppel Zen in the Markets Train Famous Financial Fiascos Train The Craft of Investing Trimble Sam Walton Trump w/ Leerhsen Surviving at the Top Trump w/ Schwartz The Art of the Deal Tuccille Rupert Murdoch Ulmann & Bercoon The Dow Jones Irwin Guide to Using IRA's Unger How to Invest in Real Estate Vicker Retirement Planning Volcker & Gyohten Changing Fortunes Walden The 100 Best Stocks to own in America Walton Sam Walton--Made in America Warfield How to buy Foreign Stocks and Bonds Watkins The Great Depression Watson w/ Petre Father, Son & Co. Wechsberg The Merchant Bankers Weiner Stock Index Futures Weinstein Secrets for Profiting in Bull and Bear Markets Weiss Managing for Peak Performance Weiss Going Public Wilbanks The Investments Reader Wilmsen Silverado Winans Malcolm Forbes Winkelman Ten Years of Wall Street Wolfe Bonfire of the Vanities Wright On a clear day you can see General Motors Yergin The Prize Zielinski & Holloway Unequal Equities Zweig Winning on Wall Street (tape) |