Current Affairs for UPSC CSE's video: Best Investment Books for Beginners recommended by John Kay

Best Investment Books for Beginners, recommended by John Kay 1. A Random Walk down Wall Street: The Time-tested Strategy for Successful Investing by Burton G. Malkiel https://amzn.to/2CTFhKl 2. Good Strategy Bad Strategy: The Difference and Why It Matters by Richard Rumelt https://amzn.to/2yrN0LM 3. The Snowball: Warren Buffett and the Business of Life by Alice Schroeder https://amzn.to/2NQKAeo 4. The Intelligent Investor by Benjamin Graham https://amzn.to/2PJxjpF 5. How to Speak Money by John Lanchester https://amzn.to/2q34qcQ About the book 1. In today’s daunting investment landscape, the need for Burton G. Malkiel’s reassuring, authoritative, and perennially best-selling guide to investing is stronger than ever. A Random Walk Down Wall Street has long been established as the first book to purchase when starting a portfolio. 2. Developing and implementing a strategy is the central task of a leader, whether the CEO at a Fortune 100 company, an entrepreneur, a church pastor, the head of a school, or a government official. Richard Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.” He debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy." 3. The snowball: warren buffett and the business of life by alice schroeder was written after several biographers, journalists and publishers approached warren buffett and were turned down by him to write an account of his life. Schroeder quit her six years job as a wall street analyst to work full time on the book this book and interviewed his associates, friends and family. 4. Among the library of investment books promising no-fail strategies for riches, Benjamin Graham's classic, The Intelligent Investor, offers no guarantees or gimmicks but overflows with the wisdom at the core of all good portfolio management. 5. A great book that simplifies basic money language. John Lanchester doesn't work in finance but started to have an interest in the terms that he was hearing and reading mainly during the financial crisis which is what makes the book so understandable. Don't expect a story, this book is more like a dictionary full of phrases for people who have an interest in learning finance and financial language.