15 Best Books on Fundamental Analysis of Stocks

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13. Portfolio Selection: Efficient Diversification of Investments, by Harry Markowitz

Goodreads score: 3.94

Harry Markowitz is the father of the Modern Portfolio Theory, which is the mathematical framework for building a basket of investments that maximize returns for a given level of risk. The theory is used by many robo-advisors that can automatically build and adjust portfolios for investors, which are widely used in many financial management apps. The theory was published in a paper titled “Portfolio Selection” published in 1952, for which Markowitz won the Nobel prize in economics. In “Portfolio Selection: Efficient Diversification of Investments”, Markowitz provides some mathematical frameworka using modern methods of analysis and computation that can help an investor build a portfolio. What is also worth mentioning is that the book does not require the reader to have complex mathematical skills.

15 Best Books on Fundamental Analysis of Stocks

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