With the popularity of audiobooks, more and more investors are choosing to listen to audiobooks to improve their investment skills. Here are some of the best free investment audiobooks recommended. These audiobooks cover topics like stock trading, real estate investing, retirement planning, etc. By listening to these top free audiobooks, investors can upgrade their knowledge and make better investment decisions. The key is to find audiobooks that match your needs and listen to them repeatedly to internalize the concepts.
Rich Dad Poor Dad teaches basic mindset of investing
The classic personal finance audiobook Rich Dad Poor Dad by Robert Kiyosaki focuses on the importance of financial literacy and how the rich teach their kids about money. By comparing his poor dad who worked hard but struggled financially and his rich dad who built asset and passive income streams, Kiyosaki explains the different mindsets towards money and investing. This audiobook can help investors establish the proper mentality of viewing money as a tool to create assets rather than seeing it as something to be spent right away.
The Intelligent Investor arms investors with key concepts
Regarded as the bible for investing, The Intelligent Investor by Benjamin Graham provides foundational concepts like margin of safety, controlling emotions, assessing management capability, etc. By internalizing such universal principles, retail investors can make wiser decisions when evaluating stocks or other assets. Some contents may be a bit outdated, but the core ideas and analytical frameworks are extremely valuable.
Unshakeable teaches how to ignore market volatility
In the audiobook Unshakeable, Tony Robbins collaborates with top financial advisor Peter Mallouk to demonstrate why we should not let short-term market fluctuations affect our emotions or change our investment strategies. By shifting the perspective from speculation to owning high-quality assets bought at reasonable valuations for the long-term, investors can cultivate the peace of mind to stick to the initial plans.
The Essays of Warren Buffett reveal key concepts
While Warren Buffet’s annual letters to Berkshire Hathaway shareholders are famous, The Essays of Warren Buffett compiled by Lawrence Cunningham collects and categorizes the essence of these letters into different aspects of investing. Investors can learn Buffett’s timeless wisdom on selecting stocks, assessing management teams, controlling emotions, handling crises, etc. The essays represent Buffett’s most candid thoughts on investing.
In conclusion, the above recommended free audiobooks like Rich Dad Poor Dad, The Intelligent Investor, Unshakeable and The Essays of Warren Buffett are the top resources for investors to upgrade their knowledge. By repeatedly listening to these audiobooks, retail investors can internalize the core concepts faster and make better investment decisions.