I’m in the habit of relistening to books I really like. I’ve never done this before, but if I were able to count which books I listen to the most a second or third time, it would easily be investment books.
My Favorite Investment Books on Audio
When I started this list, I made the conscious decision not to try and rank these titles. The list is somewhat random except for the first selection.
The Education of a Value Investor
Not only do I love this book, but I also got to interview the author for our podcast. If this is your first Investment book, start here:
The Dhando Investor
Guy Spier in the book above is friends with Mohnish Pabrai, the author of this book. My recommendation is to listen to both:
This book by Christopher Mayer is recommended reading for young finance professionals working in corporate finance or FP&A. As a financial analyst myself, I wasn’t interested in the author’s returns. I was more attracted to the underlying business fundamentals that drove these investments upward.
If I were forced to pick a favorite, this one by Andrew Hallam would probably top the list. Also, my three kids loved this book too when they were younger.
The Little Book That Builds Wealth
I’m a Pat Dorsey fan and this short book might be the most practical on this list. The discussion on moats is a recurring theme.
The Snowball: Warren Buffett and the Business of Life
Let’s call this one an honorable mention. This is the only book on the list that I have not listened to more than once. Plus, it’s not an investment book per see. But if you like this genre, this is an insightful read, and at nearly 37 hours, the book didn’t seem that long.
The Tip of the Iceberg
I’m just scratching the surface. I’ve probably read (the print versions) 30-40 different investment books, so that’s why my list above is short. Accordingly, many investment books are meant to be read unless there’s an engaging narrative that reads like fiction or a good memoir–Guy Spier’s book is a case in point. While I’ve read these books, I’m assuming these three titles fit the bill for audio:
- Investment Biker by Jim Rogers (4.6 stars) – this is the Huck Finn book of investors. The book was hard to put down and read like fiction at times.
- One Up on Wall Street by Peter Lynch (4.6 stars) – while I loved the print version, be aware that the audio version is abridged. I still find that abridged books are still packed with good information.
- The Little Book That Still Beats the Market (4.5 stars) – had I listened to this book first, I’m sure I would have still read it since I’ve gone through it more than once. Brevity describes this book on a few big ideas on investing.
The one book that I wish could have made the list is Scott Fearon’s, Dead Companies Walking (4.4 stars). Great book, but no audio.
What’s your list? What would you have added?