Top 4 Finance Books Every Businessman Should Read

By: Jeremy Biberdorf

August 29, 2018

Top 4 Finance Books Every Businessman Should Read

Are you a young entrepreneur keen on looking for unique and effective ways of cost cuttings? Are you wondering how to manage your finances and investments? With breakthrough techniques of managing business operations in modern times, keeping up with current trends and ensuring the continued growth of your enterprise require smart decision making, especially with finances. However, fret not; we have got you covered with this list of four must-reads by popular authors, which will surely help you with your money management and investment decisions.

The Essays of Warren Buffett: Lessons for Corporate America (1997)

One of the most insightful reads, this book by Warren Buffet provides a lucid understanding of various financial subjects with a strong emphasis on early investing and maximizing returns. It is a productive read for budding entrepreneurs and American shareholders. There is an interesting read about the processes and concepts related to stepping up your enterprise’s value. These essays cover a wide variety of areas like mergers and acquisitions, investments, corporate financing, accounting, variation & accounting policy, alternatives to common stock, taxation and corporate governance. I recommend you go through the useful contents of this book to grab a limpid idea of fundamental business principles, portfolio investments, stakeholder engagement and other important subjects.

The Intelligent Investor (1949)

Inexpensive office equipment, efficient production processes, paperless check stubs and automation are some of the ways you can drive cost cuttings and manage your finances well. However, there is more to ensuring business success and profitability. Benjamin Graham highlights how you can make smart decisions and how you can manage investments to boost high returns in his popular book, ‘The intelligent investor’. Touted as the best book on investing, this famous read explains details about stock purchasing and the paradigms involved that can affect your investment patterns. It provides an understanding of using fundamental analysis to determine underpriced stocks relative to their inherent value considered appropriate for purchasing. The book penned by the ‘father of value investing’ also explains principles like stock market history & analysis, portfolio management, and various approaches including defensive & positive measures to evaluate your investments.

Think and Grow Rich (1937)

Written by Napoleon Hill during the recession times, this book is a must-read for young entrepreneurs. It has already become a bestseller and I consider it one of the greatest reads amongst other top books on trading & finance. The book offers his analysis and perspectives on different financial aspects including corporate wealth and investment management. He did extensive research on the principles and paradigms in connection with top entrepreneurs and rich individuals. The chapters help young businesspersons understand the dynamics of financial management, the psychology of success, and smart investment secrets in order to enhance their output.

Beating the Street (1994)

Beating the Street, written by Peter Lynch is a true classic for those wanting to learn the fundamentals of stock market dynamics and corporate finance. The author has been a successful financial expert with 11 years’ experience as an intern at Fidelity Investments and as management expert for the Magellan Fund. The book describes the various aspects of stock purchasing, risk management and decision making related to investing in different sectors with a deep insight into exploiting market opportunities in your best interest.

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About the Author:

Jeremy Biberdorf is the founder of Modest Money. After working many years in the website marketing industry, he decided to take on blogging full time and also get his finances headed in the right direction. Also check out his contributions to Equities.com and Benzinga.

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