In 2025, stock investors need to know the 5 best stock trading books

Before entering the stock market, new investors should prepare themselves by studying stock trading books first, as the knowledge gained from reading will serve as a shield against initial losses. This article will present 5 stock books that cover investment fundamentals, analysis techniques, stock strategies, and trading tactics to help you beat the market.

Top Stock Trading Book #1: “Growing Stocks for Sustainable Results” by Kavi Chukijkasem

Recommendation Score: ⭐⭐⭐⭐⭐

This book is a good example of explaining the concept of (Value Investing) in simple language with tangible content. Kavi Chukijkasem, a highly recognized Thai stock analyst, presents methods for selecting stocks by studying the company’s competitive ability, relationships with partners, and key figures such as P/E, P/BV ratios, and ROE.

This book is suitable for beginners who want to build a solid investment foundation. Kavi has written two stock books to guide Thai investors, with the first reprinted 12 times, indicating its popularity among investors. The advantage of this book is its use of real Thai stock case studies, helping readers understand the Thai stock market context well. However, some parts are quite basic and may not cover advanced investment techniques.

Top Stock Trading Book #2: “The Intelligent Investor” by Benjamin Graham

Recommendation Score: ⭐⭐⭐⭐

This classic book is regarded as a fundamental principle of value investing. Graham created an investment system dividing investors into two types: defensive investors seeking lower returns with less risk, and aggressive investors willing to spend more time for higher profits.

Between 1936-1956, Graham achieved an average annual return of 20%, outperforming the general stock market. However, the book uses somewhat difficult language, making it not easy to understand, and many examples are from foreign markets, which may not be suitable for beginners without a basic background.

Top Stock Trading Book #3: “Breaking Through: Stock Strategies in Crisis” by Dr. Nivesh Meewachiraworakorn

Recommendation Score: ⭐⭐⭐⭐⭐

Dr. Nivesh Meewachiraworakorn offers this book to teach Thai investors how to benefit from market crises. It defines the fundamental principles to know before investing and explains that crises often present hidden profit opportunities.

He was the first to introduce the concept of Value Investing to Thai investors, and “Breaking Through” has become a postgraduate investment manual. The book is written as a story-sharing experience, making it easy to read and understand. All examples use Thai stocks that investors can study and follow. However, some content may not be detailed enough for those seeking in-depth knowledge.

Top Stock Trading Book #4: “One Up On Wall Street” by Peter Lynch and John Rothchild

Recommendation Score: ⭐⭐⭐⭐

Peter Lynch, former manager of the Magellan Fund, achieved remarkable results, growing the fund from $18 million to $14 billion over 13 years. His book categorizes stocks into six types: slow growers, stalwarts, fast growers, cyclicals, turnaround stocks, and asset plays.

Lynch introduces the “Tenbagger” concept—finding stocks with potential 1000% returns. The book covers many aspects of stock investing, making it engaging to read. However, all examples are from foreign stocks, and the Thai translation has some unclear sentences, requiring additional interpretation.

Top Stock Trading Book #5: “Buffettology” by Mary Buffett and David Clark

Recommendation Score: ⭐⭐⭐⭐⭐

This book reveals Warren Buffett’s secrets, written by his former daughter-in-law. It is divided into two main parts: the first on qualitative stock evaluation, and the second on more advanced quantitative analysis.

Buffett’s approach involves owning businesses and using the DCF (Discount Cash Flow) method for analysis. It is suitable for investors with some experience. The content is clearly organized, and most formulas are fairly easy to interpret. However, it is more appropriate for long-term (decades) investments and involves complex analysis.

How to choose the right stock trading book

Before investing, investors should build a solid knowledge base, as more education helps avoid mistakes others have made. While it cannot prevent all errors, knowledge is the most important shield.

Books written by Thai authors often have advantages in language and local examples, mainly using Thai stocks that investors can study and follow, making them suitable for beginners.

If time does not permit deep study of stock books, another option is investing in mutual funds managed by professionals. However, for those aiming to become successful investors, reading stock books is an essential step that cannot be skipped.

Long-term market beating strategies

Successful investors often use the following strategies:

Market Timing: Buying and selling stocks at appropriate times—buy low and sell high—applicable in both long and short terms, in bull and bear markets.

Asset Selection: Choosing assets with long-term growth potential. If an asset does not appreciate, the investment yields no profit and may lose value to inflation.

Asset Diversification: Proper risk diversification is key. Avoid speculation in a single asset class. Invest in bonds, stocks, real estate, and cash according to your planned proportions to ensure steady portfolio growth.

Starting real stock investing

After studying stock books, investors should begin with basic investments, gradually moving to more complex ones. Start with index funds and Thai stocks already listed, study various indicators, then expand to foreign stocks.

Each investor has their own style and analysis method, developed through reading stock books and real market practice. The most important thing is continuous education, understanding the market, and managing risks, as these will help you succeed in stock investing.