Looking to expand your financial knowledge?
In this article, we present to you the 26 best investment audiobooks of all time.
From Warren Buffett’s timeless wisdom to Ray Dalio’s insights on the economy, these audiobooks are a goldmine of information.
So grab your headphones and get ready to level up your investment game with these must-listen titles.
Table of Contents
Best Investment Audiobooks
If you’re looking for the best investment audiobooks, there are a few titles that consistently rank among the top in the finance and investing genre.
- The Psychology of Money offers valuable insights into the mindset and behaviors that drive financial success.
- Broke Millennial Takes on Investing provides practical advice for young investors looking to navigate the world of finance.
- The Intelligent Investor by Benjamin Graham is a timeless classic that offers a solid foundation in value investing.
- The Little Book that Still Beats the Market by Joel Greenblatt offers a simple yet effective investment strategy.
- Lastly, A Man for All Markets by Edward O. Thorp shares the fascinating story of a mathematician turned successful investor.
Here’s the full list of the best investment audiobooks.
Investors, delve into the fascinating realm of human behavior and decision-making with ‘The Psychology of Money’.
This book highlights the power of financial literacy and the importance of understanding our behavior in achieving a balanced and calm life.
It separates the easy and hard parts of investing, with the quantitative aspect being the easy part.
The book debunks the myth that intelligence or aggression is necessary for successful investing. Instead, it emphasizes the significance of patience, thinking long term, and understanding compound interest.
Behavioral skills and psychology also play a major role in investment success. Knowledge of psychology and behavior can help protect oneself from irrational investment decisions. The book advocates for low-cost index fund investing, while challenging the effectiveness of active stock picking.
Ultimately, it encourages readers to focus on making wise decisions, understanding industry motivations, and living a meaningful life.
Looking for an audiobook that can help you navigate the world of investing? Consider ‘Broke Millennial Takes on Investing’ as a top choice.
This book is highly praised for its ability to boost financial and investing knowledge, especially for beginners.
It covers a wide range of topics, from understanding financial goals and investing styles to emergency funds and asset allocation.
The author’s writing style is engaging and relatable, making it easier to grasp sometimes complex concepts.
‘Broke Millennial Takes on Investing’ is particularly relevant for young millennials who may feel intimidated by the idea of investing.
However, some readers have mentioned that the book could have been longer and could have included more details on certain topics, such as comparing robo-advisors and interacting with brick-and-mortar storefronts.
3. The Intelligent Investor – Benjamin Graham
Are you wondering why ‘The Intelligent Investor’ by Benjamin Graham is considered one of the best investment audiobooks of all time?
Well, let’s take a closer look at this classic book and its enduring appeal. Published in 1949, ‘The Intelligent Investor’ is revered by investors and financial experts for its timeless wisdom in value investing.
Benjamin Graham emphasizes a rational and disciplined approach, focusing on concepts such as margin of safety and long-term wealth creation. The book demystifies complex investment ideas, making them accessible to readers of all experience levels.
Graham stresses the importance of risk management, diversification, and fundamental analysis. Through case studies and real-life examples, he reinforces his principles and provides practical guidance.
With endorsements from renowned investors like Warren Buffett, ‘The Intelligent Investor’ remains essential for anyone looking to make informed investment decisions and achieve long-term financial success.
4. The Little Book that Still Beats the Market – Joel Greenblatt
If you’re interested in learning about a proven investment strategy, look no further than ‘The Little Book that Still Beats the Market’ by Joel Greenblatt.
This book is highly recommended for beginners who want to understand the basics of value investing.
Greenblatt simplifies complex concepts and uses humor to engage readers throughout the book.
The magic formula investing theory, outlined by Greenblatt, is based on two simple metrics: return on capital and earnings yield. The formula identifies companies with better than average earning power at a lower than average price.
It has held up well over time and is now available through self-directed or professionally managed accounts.
However, more experienced investors may find the book repetitive and can gather the essence through other sources.
5. A Man for All Markets – Edward O. Thorp
You’ll be captivated by ‘A Man for All Markets’ as Edward O. Thorp shares his remarkable journey in the world of gambling and investment.
The book provides an in-depth account of Thorp’s life, from his early years to his groundbreaking achievements in mathematics and finance.
Thorp’s intellectual prowess is evident through his development of a point count system for blackjack and his successful design of a device for predicting roulette outcomes.
Moreover, the book delves into Thorp’s success in the financial markets, particularly his options arbitrage strategy. It also highlights his interactions with notable individuals such as Claude Shannon and Warren Buffet.
‘A Man for All Markets’ covers a wide range of topics related to gambling, investing, and finance, providing valuable insights for those interested in these fields.
6. The Little Book of Common Sense Investing – John C. Bogle
For those who frequently seek sound investment advice, look no further than ‘The Little Book of Common Sense Investing’ by John C. Bogle.
This book is highly recommended by readers for its straightforward and accessible approach to the stock market.
Bogle’s writing style is refreshingly concise, making complex financial concepts easy to understand for both beginners and seasoned investors.
One of the standout features of this book is its emphasis on long-term, passive investing and index funds. Bogle makes a compelling case for the benefits of investing in low-cost, broad-market index funds that track the overall market’s performance.
He backs up his arguments with extensive historical data, showing how this approach consistently outperforms actively managed funds. Additionally, the book emphasizes the importance of discipline and patience in achieving long-term financial goals.
7. The New Buffettology – Mary Buffett
If you’re looking for an audiobook that provides valuable insights into Warren Buffett’s investment strategies, ‘The New Buffettology’ by Mary Buffett is a must-listen. This book has received positive reviews and recommendations from readers who appreciate its straightforward approach to examining the worth of stocks.
It offers practical advice for non-professional financial investors and has been praised for its simplicity and ability to teach readers more than entire stock investment courses. However, some criticisms have been raised about the book’s claims and exaggerations, as well as its repetitive content.
It’s important to note that prior knowledge and reading other books on investing, such as ‘The Intelligent Investor’ and ‘Security Analysis’ by Graham and Dodd, can enhance the understanding of ‘The New Buffettology’.
8. Learn to Earn – Peter Lynch
Get ready to dive into the world of investing with ‘Learn to Earn’ by Peter Lynch, one of the best investment audiobooks that will equip you with the knowledge you need to succeed.
Geared towards young readers, teenagers, and beginners, this book offers a useful introduction to the basics of investing and business. It covers a wide range of topics, including entertaining history lessons about capital markets, insights into how businesses work and what makes them successful, and even a chapter on how to read a balance sheet.
While some critics argue that the book could use updating on internet resources for investors and provide more how-to advice, it still serves as a strong foundation for understanding the stock market.
If you’re a beginner looking to learn how to read the market and make informed investment decisions, ‘Learn to Earn’ is a recommended choice.
Explore the wisdom and strategies of history’s greatest traders in ‘The Art of Investing’, as it offers valuable lessons that can enhance your investment skills.
This audiobook is encompassing and thorough, covering a wide range of topics and basics. It provides a better understanding of investing, making it highly recommended for beginners.
The author, a successful portfolio manager of a $2.5 billion investment firm, brings a wealth of experience to the lectures. The course features examples of successful investors like Warren Buffet and Ray Dalio, giving aspiring investors a glimpse into the strategies of these industry legends.
‘The Art of Investing’ is a must-listen for anyone serious about becoming an investor as it provides an excellent introduction to various types of firms, securities, and investment strategies. It helps put aspiring investors on the right track, equipping them with the knowledge and skills needed for success.
Discover the surprising wealth-building secrets of America’s millionaires in ‘The Millionaire Next Door’, a highly recommended investment audiobook that provides valuable insights into the habits and mindset of successful individuals.
This book, written by Thomas J. Stanley and William D. Danko, presents fascinating findings from years of research on millionaires in America. It delves into the habits and priorities of these wealthy individuals, emphasizing the importance of living below one’s means and prioritizing financial security over social status.
The authors highlight the negative impact of consumerism and societal pressures on high-income professionals who squander their money on luxury lifestyles. They also discuss various careers, favoring self-employment and business ownership over professional jobs.
While the book lacks detailed investment advice, it emphasizes investing in what you know and the significance of industry knowledge.
11. Invested – Danielle Town
You’ll gain valuable insights into the world of value investing by listening to ‘Invested’ by Danielle Town. This book offers a thoughtful and complete exploration of investing, making it a valuable resource for both beginners and experienced investors.
Danielle Town shares her personal journey and emotions, documenting her fears and conquests as she learns to invest. The intimate and engaging writing style keeps you interested throughout the book, and you’ll feel empowered and informed by the end.
‘Invested’ also provides practical approaches and principles for determining the fundamental value of companies, simplifying complex theories into reproducible guidelines.
Additionally, the book emphasizes the wide-ranging benefits of value investing beyond stocks, offering valuable insights into multiple aspects of life.
Whether you’re new to investing or seeking to deepen your understanding, ‘Invested’ is definitely worth a listen.
⭐ Free with an Audible trial
You’re definitely going to love ‘Clever Girl Finance: Learn How Investing Works, Grow Your Money’ because it offers a comprehensive guide to understanding investing and growing your wealth.
This audiobook is tailored towards beginners, but it also provides valuable insights for those with intermediate financial knowledge. It operationally defines common terminology and breaks down imperative concepts with practical everyday examples and explanations.
The author, who’s personally addressed her own debt and built wealth, writes from a relatable perspective. ‘Clever Girl Finance’ offers not only facts and information but also motivation and personal tips to help you on your financial journey.
It’s a quick and easy read that’s highly recommended for all ages. Whether you’re just starting or have financial goals in mind, this audiobook is a fantastic start.
‘The Most Important Thing’ by Howard Marks is a highly recommended book that provides valuable insights for both beginner and experienced investors. It serves as a guidepost for making good investment decisions and avoiding pitfalls in the market. While some critics argue that the organization of the book could be improved and that it covers concepts already well-known to experienced readers, it’s praised for its contrarian perspective and ability to challenge the traditional notions of risk and return.
The book is described as simple, accurate, and practical, offering wisdom that gives readers a level head in the confusing market. It’s considered a must-read for any investor, providing a simple yet complex way of thinking about financial markets.
For a comprehensive understanding of investment strategies, consider exploring ‘A Random Walk Down Wall Street’ by Burton G. Malkiel, as it delves into the principles of efficient market theory and offers valuable insights on navigating the complexities of the stock market.
This informative and excellent book provides a time-tested strategy for successful investing, defending the efficient market hypothesis and advocating for indexing and investing in low-cost index funds. It explains the random walk theory and highlights the difficulty of consistently beating the market.
By emphasizing the importance of learning from experience and being wiser, the book encourages investors to buy and hold index funds for consistent returns. However, some readers may find the book dry and boring at times, and it may lack detailed portfolio diversification suggestions.
It’s recommended as a great introduction to investing and for gaining insights into passive management compared to active management.
15. How the Stock Market Works – Ramon P. DeGennaro, The Great Courses
Get a comprehensive understanding of how the stock market works with ‘How the Stock Market Works’ by Ramon P. DeGennaro, available from The Great Courses, one of the best investment audiobooks of all time.
This book is highly recommended for students of the financial world and those who want to gain a better sense of what the stock market is all about. Mr. Degennaro’s expertise shines through as he breaks down various aspects of the stock market and explains jargon and market lingo.
The course content covers everything from the basics of how the stock market functions to understanding stock metrics such as PE, EPS, and dividend yield. The book uses great examples, charts, and a compelling delivery style to keep you focused and help you master the knowledge.
Whether you’re a beginner or an experienced investor, this audiobook provides a straightforward and comprehensive understanding of the stock market.
16. Calm Trader – Steven and Holly Burns
Immerse yourself in the world of trading with the audiobook ‘Calm Trader’ by Steven and Holly Burns.
This book has received positive reviews and recommendations from traders who’ve found it to be a valuable resource in their trading journey. Many readers have praised the book for its ability to address the mindset and emotional aspects of trading, which are often overlooked but crucial for success.
The exercises and tips provided in the book have been described as actionable and effective in improving trading performance. The book’s style and structure have also been commended for being concise, to the point, and free from unnecessary theories and studies.
At a price of $2.99, ‘Calm Trader’ is considered to be a worthwhile investment for traders looking to gain a better understanding of their psychology and improve their trading outcomes.
⭐ Free with an audible trial
When it comes to learning about stock speculation, you can’t go wrong with ‘Reminiscences of a Stock Operator.’ This audiobook provides valuable insights into the world of stock trading and the lessons learned from past experiences.
One important lesson highlighted in this book is that speculation isn’t a new concept; it has been around for ages. The author emphasizes that whatever happens in the stock market today has happened before and will happen again.
Additionally, the audiobook emphasizes the importance of patience and sitting tight. It explains how sitting tight is essential for making big money and how many people can be right at the right time but not make real money.
The psychological factors in speculation are also discussed, including the role of hope and fear as the speculator’s chief enemies.
18. Smart Investors Keep It Simple – Giovanni Rigters
To truly succeed in investing, you must embrace simplicity and keep it simple. Giovanni Rigters’ book, ‘Smart Investors Keep It Simple,’ provides a comprehensive guide to dividend investing that’s suitable for beginners and those new to the world of investing.
The book offers step-by-step explanations on how to analyze stocks and find good companies to invest in. It also covers the importance of diversifying your stock portfolio and asks important questions when researching stocks. Rigters simplifies complex terminology and calculations, making it easy for readers to understand the concepts.
The book highlights the benefits of dividend investing and how it helps maintain assets over time. Overall, ‘Smart Investors Keep It Simple’ is recommended for anyone interested in stock investing and looking to build a solid foundation for their investment journey.
19. Rich Dad’s Guide to Investing – Robert T. Kiyosaki
Get ready to dive into the world of investing with ‘Rich Dad’s Guide to Investing’ by Robert T. Kiyosaki, one of the best investment audiobooks of all time. This book challenges preconceived notions of business and investing, making it more of a business book than an investing book.
It’s recommended to read ‘Cashflow Quadrant’ before diving into this book. Kiyosaki shares his own mistakes and lessons learned, providing valuable insights for aspiring investors. He emphasizes the importance of opening your mind to possibilities and specializing in a particular investment vehicle.
‘Rich Dad’s Guide to Investing’ provides information on various financial vehicles, helping readers broaden their understanding of investment options.
It has received positive reviews and recommendations from readers, particularly for its ability to summarize previous concepts and deepen knowledge.
However, some criticisms include its focus on American financial laws and regulations, as well as the author’s stance on the importance of education.
20. How I Invest My Money – Joshua Brown and Brian Portnoy
You’ll gain valuable insights into how professionals like Joshua Brown and Brian Portnoy invest their money in the audiobook ‘How I Invest My Money’.
This book provides a diverse perspective on investment philosophy and strategy, although it doesn’t offer tactical guidance for investing.
The contributors in the book share their personal financial situations, revealing that many of them follow a buy-and-hold index investing approach as their core strategy. Some contributors also invest in businesses or opportunities from friends and colleagues in the finance world.
It’s interesting to note that several contributors have paid off their mortgages and have high cash holdings. Additionally, many contributors have a large portion of their personal wealth invested in their businesses.
The book also emphasizes the importance of investing in human capital, such as skills and talents.
21. Flash Boys – Michael Lewis
With ‘Flash Boys’ by Michael Lewis, you’ll dive into the thrilling world of high-frequency trading and discover the secrets behind Wall Street’s fastest traders. This audiobook sheds light on the controversial practice of high-frequency trading (HFT) and how it has impacted the stock market.
Lewis explores the rise of HFT and its impact on investors, exposing the flaws in the system that allow for unfair advantages. He introduces the Investors Exchange (IEX), a stock market exchange designed to level the playing field by implementing measures to counter HFT strategies.
Through the story of Sergey Aleynikov, a former Goldman Sachs programmer, Lewis raises questions about the integrity of the stock market and offers potential solutions.
‘Flash Boys’ provides a thought-provoking and eye-opening analysis of the world of high-frequency trading.
22. Dark Pools – Scott Patterson
If you’re looking for a gripping exploration of the hidden world of finance, look no further than ‘Dark Pools’ by Scott Patterson.
This book delves into the rise of high-frequency trading and the impact it has had on the U.S. stock market. Patterson compares high-frequency traders to market makers and explains how they provide liquidity to the markets. However, he also highlights the dangers of dark pools, where prop trading can occur in a hidden market.
This raises questions about fairness and whether the market has ever been truly level. While some critics argue that the book lacks discussion of market microstructure, ‘Dark Pools’ offers an enjoyable read for those interested in the historical events surrounding high-frequency trading.
It’s recommended for the average reader seeking insight into the hidden world of finance.
23. Trading Bases – Joe Peta
Dive into the world of baseball betting with ‘Trading Bases’ by Joe Peta, a fascinating exploration of the strategies and insights that can lead to success in the financial game of sports wagering.
This book combines the author’s experience with Wall Street and his passion for baseball to create a unique approach to sports betting. Peta applies modern sabermetrics to analyze player performance and predict outcomes, giving readers a deeper understanding of the methodologies needed to win at sports betting.
The chapters on sabermetrics aren’t only informative but also entertaining, filled with pop culture references and analogies that make the concepts more relatable.
While some readers may be disappointed with the lack of specific details on how the author made money through betting, ‘Trading Bases’ still serves as a starting point for those interested in applying data analysis to gain an edge in sports wagering.
24. Liars Poker – Michael Lewis
Immerse yourself in the captivating world of ‘Liars Poker’ by Michael Lewis, a must-listen audiobook that offers a gripping firsthand account of the investment banking industry.
Lewis provides an honest and humorous portrayal of his experiences as a bond trader at Salomon Brothers in the 1980s. Through his autobiographical details, he sheds light on the culture and characters of the industry, highlighting its male-dominated nature.
The book delves into the structure of Salomon Brothers, revealing the conflicts of interest that often arise between the company and its customers. Lewis also discusses the creation and use of mortgage bonds, providing insight into the practices and risks involved.
Moreover, ‘Liars Poker’ examines the financial crisis of 1987 and its relevance to the present, critiquing the short-termism and lack of understanding among top executives.
You’ll find that Infinity Investing by Toby Mathis is a comprehensive guide that will teach you how the rich get richer and how you can do the same.
This book is recommended for anyone looking to grow their wealth in a safe manner with a long-term perspective. It provides practical and easy-to-follow advice on financial matters, making it suitable for individuals regardless of their starting financial situation.
Infinity Investing simplifies complex financial concepts and avoids jargon, ensuring that readers can easily understand and apply the techniques discussed. The book emphasizes the importance of taking action and knowing oneself as an investor.
It provides tips on money management, generating passive income, and organizing investments. While the book has received mixed reviews, it remains a valuable resource for those seeking practical advice on wealth accumulation.
For a comprehensive understanding of the clash between investment and speculation, you should explore ‘The Clash of the Cultures: Investment Vs. Speculation’ in the best investment audiobooks of all time.
This audiobook, authored by John C. Bogle, delves into the differences between investment and speculation, highlighting the importance of investing in index funds for long-term success.
Bogle criticizes the practice of specialty investing and speculation, emphasizing the need for a disciplined, low-cost approach.
By distinguishing between investment and speculation, Bogle provides valuable insights on how to achieve the best return on investment.
This audiobook is a must-listen for anyone looking to navigate the complex world of investing and make informed decisions.
It offers an analytical and objective perspective that’s sure to benefit those seeking a deeper understanding of the clash between investment and speculation.
Frequently Asked Questions
Are Audiobooks as Effective as Reading for Learning About Investment Strategies?
Audiobooks can be just as effective as reading for learning about investment strategies. They provide convenience and accessibility, allowing you to absorb knowledge on the go. However, personal learning preferences may vary.
Can I Listen to Investment Audiobooks While Driving or Doing Other Activities?
Yes, you can definitely listen to investment audiobooks while driving or doing other activities. It allows you to make productive use of your time and expand your knowledge on investment strategies.
Are There Any Free Investment Audiobooks Available?
Yes, there are free investment audiobooks available. They can be a great way to learn about investing without spending money. In the list above there are 2 – 3 options that are free with audible subscription. Also, you can search online for free investment audiobooks and I am sure, you’ll find something.
Is It Necessary to Have Prior Knowledge or Experience in Investing Before Listening to Investment Audiobooks?
No, it’s not necessary to have prior knowledge or experience in investing before listening to investment audiobooks. The investment audiobooks above mainly target newbies in the field of investing. They provide valuable insights and can help you develop a solid foundation in investing.
Can Investment Audiobooks Help Me Become a Successful Investor Even if I Have Limited Funds to Invest?
Actually, yes. Investment audiobooks can be a valuable resource for becoming a successful investor, even if you have limited funds. They provide knowledge, strategies, and insights that can help you make informed decisions and maximize your investment potential.
The world of investment is a vast and ever-evolving landscape. By “entering” into the wealth of knowledge found in the best investment audiobooks, you can equip yourself with the tools necessary to navigate this complex terrain.
These audiobooks offer valuable insights, strategies, and wisdom from experienced investors, providing you with a unique perspective on wealth creation and financial success.
So, immerse yourself in these auditory treasures and embark on a journey towards a prosperous future.
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