I do not watch CNBC or Bloomberg. I’ve concluded watching CNBC or Bloomberg is more likely to give me a bad investing idea than a good investing idea.
I believe the best knowledge about personal finance and investing is found in good books written by expert authors who adhere to timeless investing and financial principles.
Favorite Books on Personal Finance:
The Millionaire Next Door, by Thomas Stanley and William Danko
How to Make Your Money Last, by Jane Bryant Quinn
The Bogleheads’ Guide to Retirement Planning
Financial Boot Camp, by James Dahle
How to Think About Money, by Jonathan Clements
Can I Retire?, by Mike Piper
Social Security Made Simple, by Mike Piper
The Psychology of Money, by Morgan Housel
Favorite Books on Investing:
Stocks for the Long Run, by Jeremy Siegel
Common Sense on Mutual Funds, by John Bogle
A Random Walk Down Wall Street, by Burton Malkiel
The Little Book of Common Sense Investing, by John Bogle
The Little Book of Safe Money, by Jason Zweig
The Four Pillars of Investing, by William Bernstein
If You Can, by William Bernstein
The Bogleheads’ Guide to Investing
The Elements of Investing, by Burton Malkiel and Charlie Ellis
The Bond Book, by Annette Thau
The Devil’s Financial Dictionary, by Jason Zweig
Pioneering Portfolio Management, by David Swenson
Favorite Books on Financial and Investing History:
John Bogle and the Vanguard Experiment, by Robert Slater
Stay the Course, by John Bogle
A License to Steal, by Philander Armstrong
Too Big to Fail, by Andrew Ross Sorkin
When Genius Failed, by Roger Lowenstein
Other Favorite Financial and Investing Books:
Liar’s Poker, by Michael Lewis
The Richest Man in Babylon, by George Clason
Where Are the Customers’ Yachts?, by Fred Schwed Jr.
Other Favorites (non financial or investing related)
Missing, by Kenneth Evans
The Portrait, by Emilia Kelly
Endurance, by Alfred Lansing
Team of Rivals, by Doris Kearns Goodwin
The Bully Pulpit, by Doris Kearns Goodwin
Wait Till Next Year, by Doris Kearns Goodwin
No Ordinary Time, by Doris Kearns Goodwin
John Adams, by David McCullough
The Great Bridge, by David McCullough
Mornings on Horseback, by David McCullough
Truman, by David McCullough
Unbroken, by Laura Hillenbrand
Seabiscuit, by Laura Hillenbrand
The Boys in the Boat, by Daniel James Brown
Facing the Mountain, by Daniel James Brown
Tuesdays With Morrie, by Mitch Album
How Will You Measure Your Life?, by Clayton Christensen
Evicted, by Matthew Desmond
On Hallowed Ground, by Robert Poole
To Kill a Mockingbird, by Harper Lee
Destiny of the Republic, by Candice Millard
Hero of The Empire, by Candice Millard
Red Notice, by Bill Browder
Just Mercy, by Bryan Stevenson
A Night to Remember, by Walter Lord
Complications, by Atul Gawande
In the Kingdom of Ice, by Hampton Sides
The Match, by Mark Frost
Every Stone a Sermon, by Richard Holzapfel
Mom: A Celebration of Mothers from StoryCorps
David and Goliath, by Malcolm Gladwell
Outliers, by Malcolm Gladwell
Shoe Dog, by Phil Knight