We have each noted a favourite book on finance and investing.
Smarter Investing by Tim Hale
For those who want to explore the investment philosophies and ideas we discuss in The 7 Secrets of Money, this is an excellent book to deepen your knowledge. Written by one of the most knowledgeable independent experts in the UK, it brings together research from many different sources and presents the reader with concrete ideas and recommendations for a successful investment experience.
– Smarter Investing: Simpler Decisions for Better Results, 2nd edition, FT Prentice Hall, September 2009
Recommended by Richard Stott
It’s Not about the Money by Brent Kessel
This book will help you understand the ‘Wanting Mind’, identify your ‘Financial Archetype’ and provides information and resources as well as exercises and meditations to inspire a fresh approach to your relationship with money: an approach that will change your life from the inside out. Visit www.brentkessel.com for a preview of the book’s contents or take the Financial Archetype test to start the journey of self-discovery.
– It’s Not about the Money: Unlock Your Money Type to Achieve Spiritual and Financial Abundance, HarperOne, April 2008
Recommended by Simon Brown
The Intelligent Investor by Benjamin Graham
Many of the basic ideas in this book are contained in his earlier publication: Security Analysis. These books were written in the 1930s and 1940s. The detail of the measures needs revision for the 21st century but the principles are as relevant now as they were 70 years ago. Yes, it can be heavy going, and yes, it is American (if that makes it entirely unsuitable, try The Undercover Economist by Tim Harford), but before you decide not to bother with Graham, don’t forget what Warren Buffett said about his book: ‘the best book about investment ever written’.
– The Intelligent Investor, first published 1949, 4th revision with Jason Zweig, HarperCollins, 2003
Recommended by Ben Sherwood
The Seven Stages of Money Maturity by George Kinder
George is considered by many as the founding father of the life planning movement. In this book he expounds his theory that our relationship to money is fundamental to our investment and financial behaviour and that it all starts with our earliest memories around money. His book charts the journey we can take from innocence and pain to understanding and wisdom, all in the context of making money work in our lives. Visit www.kinderinstitute.com.
– The Seven Stages of Money Maturity: Understanding the Spirit and Value of Money in your Life, Bantam Doubleday Dell Publishing, June 1999
Recommended by Bruce Wilson