The best books on how to invest in the stock market successfully

Why am I passionate about this?

I have been a stock market investor for over 50 years and made every mistake possible, including some original ones. For over 30 years now I have invested confidently and successfully and I share my experience with members and subscribers to my Monday Morning program. The accolades pour in on a daily basis.


I wrote...

Monday Morning Millionaire: How to Beat Wall Street at Its Own Game

By Milan Somborac,

Book cover of Monday Morning Millionaire: How to Beat Wall Street at Its Own Game

What is my book about?

Monday Morning Millionaire provides concise, evidence-based, safe, and effective investing concepts. Over the last two decades, the ideas described have outperformed over 90% of portfolios, including professionally managed ones.

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The books I picked & why

Book cover of The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

Milan Somborac Why did I love this book?

The author, the father of index investing, outlines the most effective approach to building wealth in the long run: buy an exchange-traded fund with low acquisition and management costs and which tracks an index such as Dow Jones average or S&P 500 and hold it “forever”. 

The approach has stood the test of time.

By John C. Bogle,

Why should I read it?

6 authors picked The Little Book of Common Sense Investing as one of their favorite books, and they share why you should read it.

What is this book about?

The best-selling index investing "bible" offers new information and is updated to reflect the latest market data The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund veteran John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks the S&P 500 Stock Index. Such an index portfolio is the only investment that guarantees your fair share of…


Book cover of A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing

Milan Somborac Why did I love this book?

Malkiel’s highly readable book popularized the century-old notion that individual stock price movements are unpredictable, stating: “A blindfolded monkey throwing darts at a newspaper’s financial pages could select a portfolio that would do just as well as one carefully selected by experts.” To test Prof. Malkiel’s claim, the Wall Street Journal ran 142 overlapping six-month contests for a period of some 14 years using its journalists instead of monkeys to throw the darts. For 90 percent of the contests, the performance of the experts’ portfolios could not be distinguished from that of the dartboard portfolios!

By Burton G. Malkiel,

Why should I read it?

8 authors picked A Random Walk Down Wall Street as one of their favorite books, and they share why you should read it.

What is this book about?

Today's stock market is not for the faint hearted. At a time of frightening volatility, the answer is to turn to Burton G. Malkiel's advice in his reassuring, authoritative, gimmick-free and perennially best-selling guide to investing. Long established as the first book to purchase before starting a portfolio, A Random Walk Down Wall Street now features new material on "tax-loss harvesting"; the current bitcoin bubble and automated investment advisers; as well as a brand-new chapter on factor investing and risk parity. And as always, Malkiel's core insights-on stocks and bonds, as well as investment trusts, home ownership and tangible assets…


Book cover of The Intelligent Investor

Milan Somborac Why did I love this book?

The author, the father of value investing, is seen as one of the greatest investment advisers. Warren Buffett and other successful investors are graduates of Graham’s Columbia U. investment course. First published in 1949, the advice outlined in the book has stood the test of time.

By Benjamin Graham,

Why should I read it?

2 authors picked The Intelligent Investor as one of their favorite books, and they share why you should read it.

What is this book about?

The classic bestseller by Benjamin Graham, "The Intelligent Investor" has taught and inspired hundreds of thousands of people worldwide. Since its original publication in 1949, Benjamin Graham's book has remained the most respected guide to investing, due to his timeless philosophy of "value investing", which helps protect investors against the areas of possible substantial error and teaches them to develop long-term strategies with which they will be comfortable down the road. Over the years, market developments have borne out the wisdom of Graham's basic policies, and in today's volatile market, "The Intelligent Investor" is the most important book you will…


Book cover of Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger

Milan Somborac Why did I love this book?

The expanded third edition of this book was published in 2008. It contains the wisdom and wit arising from many years of the author’s investment experience. He and his partner Warren Buffett manage one of the largest investment operations in history.

By Charlie T. Munger,

Why should I read it?

1 author picked Poor Charlie's Almanack as one of their favorite books, and they share why you should read it.

What is this book about?

A revised edition of the Traditional Chinese edition of Poor Charlies Almanack: The Wit and Wisdom of Charles T. Munger. Munger is Vice-Chairman of Berkshire Hathaway Corporation.


Book cover of Unconventional Success: A Fundamental Approach to Personal Investment

Milan Somborac Why did I love this book?

The greatly respected chief investment officer at Yale University for 36 years, David Swensen wrote: “Go back to basics. You can make money in stocks with a program of conservative investing through a successfully administered long-term portfolio. You should welcome the inevitable short-term declines by pursuing a “dollar cost averaging” strategy (investing the same number of dollars on the same exchange-traded fund that tracks the S&P 500 at the same time intervals). When you look at the results on an after-fee, after-tax basis, over reasonably long periods of time, there's almost no chance that you end up beating such a fund.” Swensen provides solid support for that claim throughout his book.

By David F. Swensen,

Why should I read it?

2 authors picked Unconventional Success as one of their favorite books, and they share why you should read it.

What is this book about?

In UNCONVENTIONAL SUCCESS, investment legend David Swensen reveals why the for-profit mutual fund industry consistently fails the average investor, from its excessive management and incentive fees to the frequent 'churning' of portfolios that forces investors to pay higher taxes. Perhaps most destructive of all are flagrant schemes designed to thwart regulators and further erode portfolios, limiting investor choice and reducing returns. Swensen's solution? A 'contrarian' investment alternative that creates more diversified, equity-oriented, 'market-mimicking' portfolios that minimize loss and reward the investor with the courage to stay the course. Swensen backs up his unconventional proposal with well-documented evidence supporting not-for-profit investment…


5 book lists we think you will like!

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