{"id":156,"date":"2021-05-10T23:56:00","date_gmt":"2021-05-10T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=156"},"modified":"2025-11-11T10:47:24","modified_gmt":"2025-11-11T02:47:24","slug":"primer-books-for-investing","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/","title":{"rendered":"Great primer books for Investing in the stock market"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/#Easy_to_read_first\" >Easy to read first<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/#Andys_book_for_stock_investment_primers\" >Andy&#8217;s book for stock investment primers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/#The_first_category_establish_correct_basic_investment_concepts\" >The first category: establish correct basic investment concepts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/#The_second_category_Financial_statement_analysis\" >The second category: Financial statement analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/#The_third_category_readable_legend_books\" >The third category: readable legend books<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/#Related_information\" >Related information<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Easy_to_read_first\"><\/span><strong>Easy to read first<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Many readers of my book &#8220;The Rules of Super Growth Stocks Investing&#8221; who have no experience in investing in the stock market or who are new to the stock market have written to me and asked me to recommend a few books to them. The following are some of the primer books I personally recommend most for stock newbie. <\/p>\n\n\n\n<p>These books are easy to read and suitable for getting started. If you look at it carefully, even if it\u2019s an investment novice, it\u2019s not a problem to read one book in a day or two (except for the financial report book, because financial report reading requires basic and accumulated experience and cannot be done quickly.  It is impossible to read all financial reports and understand immediately.<\/p>\n\n\n\n<p>I&#8217;ve listed some good introductory books on my website: Please click <a href=\"https:\/\/granitefirm.com\/us\/investing\/reference\/primerbooks.html\" target=\"_blank\" rel=\"noopener\">\ud83c\udf10Primers Investment Books<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Andys_book_for_stock_investment_primers\"><\/span>Andy&#8217;s book for stock investment primers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>My third book on US stock investing, <a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/08\/26\/investors-beautiful-heaven\/\">&#8220;Investors Beautiful Heaven: how to achieve 23% annual return in 30 years of US stock investing&#8221;<\/a> is a simple, accessible book that reflects the methodology I&#8217;ve used for 30 years. It&#8217;s free of theory, focusing solely on facts, without any sense of distance. It focuses solely on the most important factors that will impact an investor&#8217;s entire investment career and will undoubtedly transform your investment performance if you adopt them. At just over 170 pages, you can finish your reading soon.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_first_category_establish_correct_basic_investment_concepts\"><\/span><strong>The first category: establish correct basic investment concepts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>&#8220;<a href=\"https:\/\/www.amazon.com\/How-Buffett-Does-Investing-Strategies\/dp\/0071449124\" target=\"_blank\" rel=\"noreferrer noopener\">How Buffett Does It<\/a>&#8220;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>By James Pardoe\n<ul class=\"wp-block-list\">\n<li>Even if there is no investment experience, the content is very simple and easy to understand, the book is very thin, but the content is excellent.<\/li>\n\n\n\n<li>If you\u2019re focus, you can finish it in two or three hours.<\/li>\n\n\n\n<li>A thin but great primer book, strongly recommend to a stock newbie.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>&#8220;<a href=\"https:\/\/www.amazon.com\/Getting-Started-Investing-Charles-Mizrahi\/dp\/0470139080\" target=\"_blank\" rel=\"noreferrer noopener\">Getting Started in Value Investing<\/a>&#8220;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>By Charles S. Mizrahi \n<ul class=\"wp-block-list\">\n<li>An introductory book that almost covers the basics and correct knowledge of stock investment.<\/li>\n\n\n\n<li>People with no investment experience can read it all in one morning or afternoon, at least in one day.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_second_category_Financial_statement_analysis\"><\/span><strong>The second category: Financial statement analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Remind all investment novice: &#8220;Accounting&#8221; is the &#8220;hard knowledge&#8221; of investing in stocks, that is, the necessary financial knowledge that cannot be skipped. Without basic accounting knowledge, it is impossible for you to become a successful investor. Buffett said it to the point: &#8220;<em>Accounting is the language of business<\/em>.&#8221;<\/p>\n\n\n\n<p>The books on financial statements are similar; they cannot be done quickly, must work hard (this is a necessary process that cannot be skipped), and repeated reviews will be effective. There is no financial report book that will allow you to understand the financial report of listed companies immediately after you finish reading the book. <\/p>\n\n\n\n<p>Don\u2019t believe that there is a book that can understand the financial reports of listed companies immediately after reading it &#8212; Because the understanding of accounting and financial reports needs to be developed, digested, experienced, and practiced regularly; it is a typical hard knowledge. Financial reporting and accounting are common and necessary languages in the business world. Just like any new language you learn, you must first learn the consonant and vowels and continue to practice before fluent. <\/p>\n\n\n\n<p>&#8220;<a href=\"https:\/\/www.amazon.com\/Guide-Analysing-Companies-Economist-Vause-ebook\/dp\/B00NP8MHBO\" target=\"_blank\" rel=\"noreferrer noopener\">Guide to Analysing Companies<\/a>&#8220;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>By Bob Vause\n<ul class=\"wp-block-list\">\n<li>The content is solid, covering the financial reporting knowledge that all stock investors should understand. People with no investment experience can read it all in one morning or afternoon, at least in one day.<\/li>\n\n\n\n<li>Books published by The Economist, with excellent content and quality.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_third_category_readable_legend_books\"><\/span><strong>The third category: readable legend books<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>My standard is: life-like, popular, easy to read, fluent in writing, high in readability, attractive in content, and the most suitable book for stock investing beginners with rich knowledge. If it is a book written by an investment guru who is respected by the world and whose status in stock market investment has been established, it is your best choice. These two books by Peter Lynch listed below are easy to read and understand. Read them carefully without distraction. Even if you have no investment experience, you can finish your reading in two or three days, and you will definitely gain something.<\/p>\n\n\n\n<p>&#8220;<a href=\"https:\/\/www.amazon.com\/One-Up-Wall-Street-Already\/dp\/0743200403\" target=\"_blank\" rel=\"noreferrer noopener\">One Up on Wall Street<\/a>&#8220;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>By Peter Lynch and John Rothchild\n<ul class=\"wp-block-list\">\n<li>Please refer to a blog article I wrote: <a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/05\/one-up-on-wall-street\/\">&#8220;<\/a><a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/05\/one-up-on-wall-street\/\">&#8220;One Up on Wall Street&#8221;, Peter Lynch&#8217;s great book for investing newbie<\/a>&#8220;.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>&#8220;<a href=\"https:\/\/www.amazon.com\/Beating-Street-Peter-Lynch\/dp\/0671891634\" target=\"_blank\" rel=\"noreferrer noopener\">Beating the Street<\/a>&#8220;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>By Peter Lynch and John Rothchild<\/li>\n\n\n\n<li>It is a sister work of &#8220;One Up on Wall Street&#8221;<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"154\" height=\"102\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2022\/09\/Ksenia-Chernaya-1600x1200-1.jpg\" alt=\"Primer book\" class=\"wp-image-14246\"\/><figcaption class=\"wp-element-caption\">credit: Ksenia Chernaya<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_information\"><\/span><strong>Related information<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In addition to primer books, as a stock investing beginner, you might refer to below useful information below as well:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ud83c\udf10<a href=\"https:\/\/granitefirm.com\/us\/investing\/reference\/legendbooks.html\" target=\"_blank\" rel=\"noopener\">Legend Investment Books<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/granitefirm.com\/us\/investing\/reference\/primerbooks.html\" target=\"_blank\" rel=\"noopener\">\ud83c\udf10Primers Investment Books<\/a><\/li>\n\n\n\n<li>\ud83c\udf10<a href=\"https:\/\/granitefirm.com\/us\/investing\/reference\/morelegendbooks.html\" target=\"_blank\" rel=\"noopener\">Other Investment Books<\/a><\/li>\n\n\n\n<li>\ud83c\udf10<a href=\"https:\/\/granitefirm.com\/us\/investing\/reference\/stocksite.html\" target=\"_blank\" rel=\"noopener\">Stock Website<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/13\/how-many-stock-investor\/\">How many stock investors are there in each country around the world?<\/a>&#8220;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/07\/26\/how-to-invest\/\">&#8220;How to Invest&#8221; <\/a><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/06\/30\/a-random-walk-down-wall-street\/\" target=\"_blank\" rel=\"noreferrer noopener\">&#8220;A Random Walk Down Wall Street&#8221; is a must-read for US stock investors<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/\" target=\"_blank\" rel=\"noreferrer noopener\">Great primer books for Investing in the stock market<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/05\/one-up-on-wall-street\/\">&#8220;One Up on Wall Street&#8221;, Peter Lynch&#8217;s great book for investing newbie<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/06\/30\/a-random-walk-down-wall-street\/\" target=\"_blank\" rel=\"noreferrer noopener\">&#8220;A Random Walk Down Wall Street&#8221; is a must-read for US stock investors<\/a>&#8220;<\/li>\n\n\n\n<li> <span style=\"font-size: revert;\">&#8220;<\/span><a style=\"font-size: revert;\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/08\/06\/most-investors-problem-is-concepts-and-psychology-not-stock-selection\/\">Most investors&#8217; problem is concepts and psychology, not stock selection<\/a><span style=\"font-size: revert;\">&#8220;<\/span><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/10\/wrong-investment-concept\/\" target=\"_blank\" rel=\"noreferrer noopener\">Investment concept not worth trying at all<\/a>&#8220;<\/li>\n\n\n\n<li> &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/01\/investing-many-years-and-never-make-money-what-should-i-do\/\">Investing many years and never make money, what should I do?<\/a>&#8221; <\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/25\/earn-small\/\" target=\"_blank\" rel=\"noreferrer noopener\">Invest many years and earn small, can it be improved?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/04\/young-people-investing\/\" target=\"_blank\" rel=\"noreferrer noopener\">The great enviable advantages of young people investing in stock<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/10\/investor-disadvantage\/\" target=\"_blank\" rel=\"noreferrer noopener\">The disadvantage of retail investors<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/19\/retail-investor-advantage\/\" target=\"_blank\" rel=\"noreferrer noopener\">The advantages of retail investors<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/\" target=\"_blank\" rel=\"noreferrer noopener\">Great primer books for Investing in the stock market<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/29\/get-rich-by-stock\/\" target=\"_blank\" rel=\"noreferrer noopener\">How young salary people could get rich by stock?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/03\/23\/shorting-is-dangerous\/\" target=\"_blank\" rel=\"noreferrer noopener\">Why shorting is extremely dangerous to retail investors?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/13\/what-information-should-investors-take-notes-why\/\">What information should investors take notes?<\/a>&#8220;<\/li>\n\n\n\n<li> &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/06\/seeking-alpha-which-can-greatly-improve-the-investment-ability-of-u-s-stocks\/\">Seeking Alpha, which can greatly improve the investment capacity of U.S. stocks<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/\">Investors who chase for touted stocks<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Primer books for Investing in the stock market<\/p>\n","protected":false},"author":1,"featured_media":14246,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,43,540,9,11],"tags":[],"class_list":["post-156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing-books","category-peter-lynch","category-reading","category-us-stocks-resources","category-buffett"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=156"}],"version-history":[{"count":47,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/156\/revisions"}],"predecessor-version":[{"id":39846,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/156\/revisions\/39846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/14246"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}