Which stock investing books should you read in 2025? Top 5 trusted titles to look for

If you are preparing to enter the world of stock investing, studying from quality sources is of utmost importance. Well-selected stock books can help beginners understand market mechanisms and develop their own investment strategies. This article will present 5 widely accepted titles among investors.

Stock Books for Beginners: Priorities

1. Cultivating Stocks for Sustainable Results - Kavi Chukijkasem

This work by Kavi Chukijkasem was first published to help newcomers understand the Value Investing system with easy-to-understand language. The content discusses the company’s competitive ability, various financial indicators such as P/E and P/BV, and practical methods for stock valuation.

Why read it: Clearly organized, with examples included. Suitable for beginners and provides an understanding of investing in one volume. (Reprinted up to 12 times)

Limitations: Basic content; not very in-depth.

2. Breaking the Code: Stock Strategies in Crisis - Dr. Nives Meewachirawirakar

Dr. Nives is a pioneer in spreading the concept of VI (Value Investing) in Thailand. This book explains that market crises often bring unseen opportunities. The content emphasizes selecting strong businesses, diversification, and long-term perspectives (often holding for over 10 years).

Why read it: Uses Thai stock examples, making the context relatable to the local market. The approach is like sharing experiences from an expert.

Limitations: Broader scope but not detailed in actual implementation.

3. The Intelligent Investor - Benjamin Graham

This work is considered an introduction to value investing, written in 1949 but still modern. It divides investors into two types: those who hold a safety margin (low risk) and those seeking high returns (more time-consuming).

Benjamin Graham achieved a 20% annual return between 1936-1956, while the overall market grew only 12.2%. He is the founder of the Value Investing concept and was Warren Buffett’s mentor.

Why read it: Investment principles based on reason, not emotion. Clear investment system with high standards.

Limitations: Some language and concepts may be somewhat difficult for beginners; not very suitable for absolute novices.

4. One Up on Wall Street( - Peter Lynch & John Rothchild

Peter Lynch managed the Magellan Fund from $18 million to $14 billion in 13 years. This book categorizes stocks into 6 types: slow growers, stalwarts, fast growers, cyclical stocks, turnaround stocks, and asset stocks.

Lynch’s main strategy, “Tenbagger,” focuses on finding stocks with the potential to make profits up to 10 times, often looking for companies that are overlooked.

Why read it: Covers various dimensions of stock selection, packed with practical techniques, easy to understand. Peter Lynch believes amateur investors can achieve success.

Limitations: Some translated Thai sentences may be hard to understand; most examples are foreign stocks.

) 5. Buffettology### - Mary Buffett & David Clark

This book was written by Warren Buffett’s former daughter-in-law to reveal the investment methods of the world’s renowned executive. The content is divided into two parts: evaluating stock quality and calculations (using DCF: Discount Cash Flow).

Buffett’s approach combines ideas from Benjamin Graham and insights from other experienced investors, including Charlie Munger, integrating his own direct experiences.

Why read it: Development steps, most formulas are easy to understand. Suitable for those with some investment experience.

Limitations: Standards for long-term investing (10+ years); analysis can be complex, full of factors to consider.

How to choose the right stock book for yourself

( Why is studying books important?

Investors who study information and prepare in advance tend to avoid common mistakes made by others. Ultimately, studying the right stock books is the best shield.

) Can I invest without reading books?

Investing without a solid knowledge base can be challenging. An alternative is investing in mutual funds managed by professional managers. However, the author still recommends studying even in this form because the need to understand fundamentals cannot be avoided.

How to choose the right stock books

The author recommends beginners focus on books written by Thai authors because:

• The language and style are easier to understand
• Examples relate to Thai stocks, fitting the local context and Thai market
• Reduces the risk of distorted information from translation

Three strategies to beat the market in the long run

1. Market Timing###

The art of buying low and selling high applies both short-term and long-term, in bull and bear markets.

2. Asset Selection(

Choosing assets that do not appreciate over the long term will not generate profits and may lose to inflation.

) 3. Asset Allocation### Diversifying investments across bonds, stocks, real estate, and cash in planned proportions helps reduce volatility and sustain portfolio growth.

Recommended learning path

For beginners, we suggest starting with various stock books in the following order:

1. Start simple: Choose foundational books like “Cultivating Stocks for Sustainable Results.”
2. Continue studying: Gradually move to more in-depth content.
3. Find your style: Experiment with different types of investments to discover what suits you.

All five books have their unique qualities and investment strategies. The reader’s role is to study and adapt them according to their goals.

Remember, each stock book offers a unique perspective, and successful investors often learn from multiple sources to create their own investment philosophy.