15 Amazing Books from the world of Finance you should read

Updated on November 30, 20186 mins read
Finance

The world of Finance, Economics and Investing is awe-inspiring to most and mysterious to many. So we decided to come up with a list of good finance related reads for book lovers! What’s a better way to learn finance than to flip through pages full of experiences of some of the best selling financial authors in the world? Here you go!

 1. The ascent of money by Niall Ferguson

How did money come to be? Money makes the world go around. It becomes imperative for everyone in its pursuit to understand the origins of this key link to modern civilization. Niall Ferguson, a renowned British Historian backed by extensive research has authored this fantastic book about the history of money. The narration is easy and engaging, making it a very light read of a very essential matter of knowledge. Get your copy from amazon

2. Macro economics by Rudiger Dornbusch and Stanley Fischer

At first this book comes across as standard academic material. In terms of writing, it actually is. However, within the realm of academia, this book is a must-read. It explains the workings of macro economics in an easy flow. Demand, supply, consumption, savings, inflation, Fiscal policies and employment are corner-stones of an economy. This book explains in great length the workings of these key factors.  Since their relevance is universal, the book becomes an important study for those with an interest in economics. While there are many books on micro economics, this one is authored by stalwarts in this area. Stanley Fischer serves as Vice Chairman is US Federal Reserve System. He has previously served as chief economist at the World Bank. His many accomplishments have made him a highly respected figure in the present world economic. Rudiger Dornbusch, a German economist, obtained his PhD in economics from University of Chicago and served as a professor in department of Economics, MIT till he passed away in 2002. He authored many book under collaboration with Stanley Fischer. Get your copy from Amazon

3. Profitable investments in shares, a beginner’s guide by S.S. Grewal and Navjot Grewal

Despite the immense development in the equity market in India, trading in shares remains an enigma to most individuals. The beauty of participating in the growth of an economy through shares is lost to the fear of losing money. This book attempts at providing a step by step guide to understanding the very basics of investing in shares. It starts with the elementary question of ‘what are shares?’ Among the plethora of books on investing, this one is highly recommended for its simplicity and relevance to beginners. Get your copy from Amazon

4. The intelligent investor by Benjamin Graham

In the words of Warrant Buffet, “To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insight or inside information. What is needed is sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. This book gives you that framework” Need we say more.. Get your copy from Amazon

5. Security Analysis by Bejamin Graham and David L.Todd

Benjamin Graham is considered the father of value investing. He, along with David L.Todd published Security Analysis in the year 1934 providing an insight to his investment philosophy. Generations of investors have followed the teachings of Benjamin Graham and the loyalists include stalwarts like Warren buffet. The principles of sound investing have withstood the test of time and make the book a must read. Get your copy from Amazon

6. The essays of Warren Buffet edited by Lawrence Cunningham

Warren buffet, one of the most legendary investors of this century, has never written a book. He has however expressed his principals of investing through various forms of interviews and letters. These letters were addressed to the shareholders of Berkshire Hathway, his company. The Essays of Warren Buffet is a coherent collection of these letters and principals in a manner that can help investors world over learn the Warren Buffet – way of investing. Get your copy from Amazon

 7. The Handbook of Fixed Income Securities by Frank J Fabozi

This definitive and in-depth guide to fixed income investments was first published in the year 1983. The latest edition contains additional chapters that include new age methods and technologies. Followed by investors world over, it is a must have – must read for those who want to understand the world of trading in fixed income instruments Get your copy from Amazon

8. Imagining India: Ideas for the New Century by Nandan Nilekani

Nandan Nilekani needs no introduction. In his book, Nilekani has compiled his thoughts and ideas for a progressive growth for our country. It is factual and is not sugar coated. It reflects the genuine enthusiasm Nandan Nilekani has for a better country. It is a book for economic and finance enthusiasts alike. Get your copy from Amazon

9. Banker to the poor by Muhammad Yunus

Mumhammad Yunus, a Nobel Prize winner set up the Grameen bank in Bangladesh. The purpose was to finance the poorest of citizens who otherwise would be left with no means. With the help of this funding, these individuals could set up their own small resources for income through farming, business etc.The system showed tremendous results and was replicated in over 60 countries. The book is a true account by Muhammad himself, of the struggles after the famine in 1974 and the turn around with the micro credit system thereof. It is a story of determination and vision. Get your copy from Amazon

10. Freakonomics by Steven D. Levitt and Stephen J. Dubner

As the book states proudly – A rogue economist explores the hidden side of everything. Co-author Steven Levitt is an economist at the university of Chicago and Stephen J.Dubner a New York Times journalist.   It gives a reader a completely refreshing perspective to the subject area. Using extremely unconventional examples like Sumo wrestlers and Ku Klux Klan etc, the authors nudge the reader towards applying economics to seemingly unrelated areas. Lot of analysis and facts have been presented in the book to support the theory. It makes for a good read, especially since it is so unpredictable. Get your copy from Amazon

11. Liar’s poker by Michael Lewis

Written by Michael Lewis based on his own experiences, this book is a must read for all and especially so for professionals in the financial services industry. Michael has an easy sense of humour that makes the book a wonderful reading experience. He gives an insider account of activities on Wall Street in the 1980s. The name borrowed from a game of statistics, bluffing and money seems most appropriate. What is so interesting is that the stories are relevant to this day. One can see similarities even in the Indian financial sector. Get your copy from Amazon

12. I will teach you to be rich by Ramit Sethi

A personal financial advisor, Ramit Sethi wrote this book which went on to become a New York Times best seller. It is a self help book that promises to help individuals master their financial affairs. through his 6 week program. It makes a good read that can act as a guide. The learning could be customized to suit your specific requirements. Get your copy from Amazon

13. Insurance for dummies by Jack Hunglemann

Insurance is a highly important and desperately misunderstood field of finance. Insurance for dummies is a must read for every one with less than average knowledge of this field. Insurance is essential to every individual and awareness must start from the basics. Get your copy from Amazon

14. Barbarians at the gate by Bryan Burrough and John Helyar

This book is no less than a fiction thriller. Written by investigative journalists Bryan Burrough and John Helyar, it gives  a detailed account of the proceedings around  the leveraged buyout of RJR Nabisco by  Kohlberg Kravis Roberts & Co in 1988. The company was a leading tobacco and food conglomerate of its times. The magnitude of the deal at USD 25 billion ensured every leading private equity firm wanted a piece of the bidding and negotiations. Get your copy from Amazon And finally, a fiction thriller in the field of Finance:

15. God is a gamer by Ravi subramaniam

Ravi Subramanian comes with a solid financial background of an MBA from IIM, 20 years of hands on experience with financial institutions and banks.  In this thriller he explores the new age virtual world of bitcoins. The storyline is fast and the book difficult to put down. Get your copy from Amazon Did we miss out on your favourite book? Tell us and we’ll have it feature in the list!


Suma Ganesh

Suma Ganesh

Suma is an MBA in Finance and Marketing from ICFAI, Bangalore. She worked as an investment advisor to retail and high networth clients for nearly 7 years at Allegro Capital Advisors Pvt Ltd. This gave her a first hand understanding of the needs of an individual customer. With this edge, she moved on to Adi FinShiksha Pvt Ltd, where she trained financial advisors to manage their clients' investments and financial needs. With deep understanding of customers and their advisors, Suma then moved on to writing content in the space of personal finance. she is currently working as part of the content creation team at SwitchME, addressing the needs of home buyers and home loan borrowers.
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