Well, this is not a investing book, rather this is on a blog post from safalniveshak (Vikash Khandelwal’s excellent effort on educating indian investor). I am posting because he has put up a nice 24 month reading list for a 1st time investor.
I think is one of the 1st time someone has tried to actually specify a reading material in a trimestar-by-trimestar approach, that we do in our school days. Seems an excellent idea as it make sense for a first timer to start read from simple concepts and than move to advanced stuffs.
The problem I see with the above link is that it has been compiled by a single person (which is a commendable effort), but we can improve upon it in our collaborative approach, and than post it in a thread, so that all the 1st time investor can learn it by going through it.
I don’t have statistics about how many new folks joining this forum and how many needs such lesson. But from my personal experience with few of my friends to whom I have recommended valuepickr, do have a real good positive feedback of it. They seems to be eager to know the way out how not loose money in stock market (most of them got attracted stock market, thinking it as a money making machine, lost good amount money following dangerous path, now thinking of finding the correct approach for the same)
Do let me know if you agree with compiling reading (book/links) list for the 1st timers and for the folks like me who has just started crawling out of investing kindergarten or so.