The Liberated Stock Trader Top 20 Stock Market Audio Books Review 2017
I have personally listened to or read every single book on this list. I have rated these books with an eye on how beneficial they are to adding to your knowledge base but also how entertaining they are.
Here you will find a selection of my most highly rated audio books available at Audible.com & Audible.co.uk.
I use Audible as the selection is unbelievable and the prices are also fantastic. A membership is by far the most cost effective way to consume audio books as the cost per book is reduced by more than 50% of the RRP for an audio book.
||Click Image to view on Audible.com
|1||Flash Boys||Michael Lewis||5 Stars – Must Read||A gripping bestseller that blew open the secrecy behind high frequency trading (HFT) and embarrassed Wall Street, large investment banks and even retail brokers. This is THE 2014 book to read. It is not just hype, Lewis has research and investigative journalism on his side. Unveiling the unfair way HFT trading is seeking to rip off not just American Investors but the whole globe, Lewis deserves more than a best seller, he deserves a knighthood.|
|2||Crash Proof||Peter Schiff||5 Stars – Must Read||A jaw dropping insight into the future large stock market crash and the inspiration for my stock market crash detector system. Schiff makes well reasoned points that are difficult to argue with. Even for a bullish investor it is important to understand the counter argument so you are ready for any major stock market crash.|
|3||The Quants||Scott Patterson||5 Stars – Must Read||A poker tournament at a plush hotel with the heads of the big quantitative trading houses is the backdrop for this great book. Here we get an insight into the larger than life figures and the quantitative tactics of the genius mathematicians working on Wall Street and what impact it has on the broader market.|
|4||The Alpha Masters||Maneet Ahuja||4 Stars – Highly Recommended||A behind the scenes look at successful hedge fund managers and the industry, including their investing styles. Understanding how the hedge funds operate and the tactics and strategies they adopt is important for your overall understanding of the market. Also it is fascinating to see the rise and fall and the psychology of these Alpha Masters.|
|5||The 86 Biggest Lies on Wall Street||John R. Talbott||4 Stars – Highly Recommended||Talbott’s 86 biggest lies on Wall Street is a good book and an easy read. Some of the “lies” are difficult to agree with, but on the whole a good insight into the views of Wall Street and Government.Positives: Although Talbott tells you what all the lies are, his version of the truths are also debatable. A firm view against the use of technical analysis to analyse stocks and market shows he is no expert in this area. However these flaws in his reasoning are balanced with good and compelling arguments against many of the preconceptions we have today regarding governments, corporations, venture capital and economics”.Negatives: Some interesting arguments, especially if you have a left wing conspiracy theory bent.|
|6||The Big Short||Michael Lewis||4 Stars – Highly Recommended||A great story involving the few men who bet against the investment banks going into the 2007 financial crisis. Lewis has a way of writing that adds great story telling to the factaul background of what went on before and after the credit crunch. It is a really great listen.|
|7||Full of Bull: Do What Wall Street Does, Not What It Says, To Make Money in the Market||Stephen T. McClellan||4 Stars – Highly Recommended||An insiders account of how Wall Street Financial Analysts really operate. This book deciphers the double talk and outright misleading way Stock Market Analysts cover the markets and how to really read there advice. I came away with the thought to never trust a Wall Street analyst and do my own research.Positives: A good addition to any bookshelf with insights into how companies manipulate earnings and how Wall Street Analysts sit in a microcosm of influence from the big company CEO’s.Negatives: Some of the book became a little tiresome to read, but was none the less interesting.|
|8||The Wolf of Wall Street||Jordan Belfort||4 Stars – Highly Recommended||Ever wondered who is behind the cold call you get from a company you have never heard of. trying to sell you stocks in a company you know nothing about. Belfort provides a thrilling and entertaining view of his life as a Chop House Stock Chopper. High on entertainment, this book is a roller coaster ride description of the life of Belfort. A really great listen.|
|9||The Buy Side||Turney Duff||4 Stars – Highly Recommended||An excellent insight into how the buy side operates on the financial market and just how much money these guys get to play with. On a similar vain to Wolf of Wall Street, this is also a future film in the making. Well worth listening to.|
|10||The Snowball||Warren Buffet||4 Stars – Highly Recommended||By far the very best Warren Buffet Book. Weighing in at 37 hours for the unabridged version (which I listened to), I would seriously recommend the abridged version 10 hours. He has had a great life and is the worst most successful investor. This is a very worthwhile way to spend your time.|
|11||Liars Poker||Michael Lewis||4 Stars – Highly Recommended||Charting the authors experience working for a Wall Street Investment bank this book is an interesting and entertaining look at the characters that make up the testosterone fueled trading floors that people entrust there money with. It is worth the read just to ensure you are convinced that investing your money on your own terms is the right direction for you.|
|12||One Good Trade||Mike Bellafiore||3 Stars – Recommended||Ever wondered what life would be like on a proprietary trading (prop) desk? Then this is the book to read. Looking at how a prop desk works and what motivates the people. What struck me was the short term in/out scalping that occurs on the prop desk. Thousands of trades for small wins. A day traders dream.|
|13||The Undercover Economist||Tim Harford||3 Stars – Recommended||The most entertaining and educational book on economics ever written – Tim Harford helps us mere mortals put the puzzle of economics in perspective and show us why it is so difficult to run an economy. Great examples of farmers and coffee shops and how to outwit Starbucks. How to big chains and corporates price their product and why? All is revealed.|
|14||Undercover Economist Strike Back||Tim Harford||3 Stars – Recommended||This great follow up book takes a look at some fascinating examples of human behavior in economic terms and is a fascinating listen. Why should you care? Being an investor it is really important to get a basic understanding of economics. With this book the medicine of learning is sweet.|
|15||Born to Steal||Gary Weiss||3 Stars – Recommended||A highly entertaining read covering the scams and mafia infiltration’s of Wall Street. Following the rise and fall of a fast talking stock market hustler all is revealed about the seedy side of when the mafia knocked on Wall Streets door.|
|16||Running of the Bulls||Christopher Smith||3 Stars – Recommended||A great non fiction financial thriller involving 12 people targeted for murder by the double crossed Wolfhagen. This will have you on the edge of your seat. Although it is less educational that the other books listed it is a movie in the making.|
|17||The little book that still beats the market||John Mauldin||2 Stars – Worth a Listen||A short but interesting book looking at a specific system which the author declares and proves makes a regular profit. Personally I think you can do better with a great stock market education, but this book is a good introduction to investing.|
|18||The Intelligent Investor||Benjamin Graham||2 Stars – Worth a Listen||A classic book written by Graham, the father of Value Investing. Warren Buffet was also strongly influenced by Graham.Positives: A huge amount of valuable insight and knowledge. The revised version with comments from Jason Zweig brings the book up to date with new examples of how the book’s tenets still hold true.Negatives: With an overwhelming 623 pages and a very dry writing style you will need a lot of coffee to get you through.|
|19||Trading in the Zone||Mark Douglas||2 Stars – Worth a Listen||An insight into how to manage the mind when setting up, executing and exiting your trades, this book provides deep opportunity for thought. Understanding your own approach psychologically to the stock make is a good investment.|
|20||Hedge Hogging||Barton Biggs||2 Stars – Worth a Listen||Stepping inside the world of investing this book gives personal insights from Barton Biggs. Highlighting the trials and tribulations of working in and owning a hedge fund and how he goes about finding investing opportunities which consistently allow him to beat the market.|
How we rated the books.
- Depth of Content: How deep does the book go into the subject matter.
- Applicability to Investing: How applicable is the material to helping to improve your investing success
- Readability: Is the book easy to comprehend or difficult to read
- Insight into subject: Does the book provide a real insight into the subject matter, is it thought provoking