{"id":6054,"count":16,"description":"At Five Books<\/em> we take a sceptical attitude to financial advisers, in line with academic research that, with a few notable exceptions, most professionals are unable to outsmart the market. With the right tools, people can take on responsibility for their own investments, eliminating management costs, while buying and holding will keep down transaction costs.\r\n\r\nWe have interviewed a number of experts on how to get started. Burton Malkiel, who wrote the bestselling A Random Walk Down Wall Street<\/a>, <\/em>recommends his best books on investing.\r\n\r\nBritish economist John Kay makes Malkiel\u2019s book the first choice of his best investing books for beginners<\/a>. He also recommends an authorized biography of Warren Buffet, The Snowball<\/i><\/a>. Buffet has never tried to be a Wall Street insider and is the most successful investor in history. The book also tells you what Buffet looks for when picking stocks.\r\n\r\nJason Zweig, author of The Little Book of Safe Money<\/a> <\/em>and columnist on the Wall Street Journal<\/em>, chooses his best books on personal finance<\/a>.\u00a0 He chooses Common Sense on Mutual Funds<\/em> by John C Bogle<\/a>, which argues for index investing as the best approach. \"My own view is a little different from Mr Bogle\u2019s,\" says Zweig. \"I wouldn\u2019t go so far as to say that you should never<\/em> buy a fund that isn\u2019t an index fund. But if you do, you need to have compelling reasons why you are departing from that strategy, because indexing really works.\" Zweig also recommends Why Smart People Make Big Money Mistakes<\/em> by Gary Belsky & Thomas Gilovich<\/a>, which explains the common pitfalls of investing.","link":"https:\/\/fivebooks.com\/category\/business\/best-investing-books\/","name":"Investing Books","slug":"best-investing-books","taxonomy":"category","parent":6060,"meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/fivebooks.com\/wp-json\/wp\/v2\/categories\/6054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivebooks.com\/wp-json\/wp\/v2\/categories"}],"about":[{"href":"https:\/\/fivebooks.com\/wp-json\/wp\/v2\/taxonomies\/category"}],"up":[{"embeddable":true,"href":"https:\/\/fivebooks.com\/wp-json\/wp\/v2\/categories\/6060"}],"wp:post_type":[{"href":"https:\/\/fivebooks.com\/wp-json\/wp\/v2\/posts?categories=6054"},{"href":"https:\/\/fivebooks.com\/wp-json\/wp\/v2\/book?categories=6054"},{"href":"https:\/\/fivebooks.com\/wp-json\/wp\/v2\/books_like_this?categories=6054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}