You may be thinking about putting an investment book on your holiday gift list, and
Wall Street Journal columnist Jason Zweig has a few ideas as to which ones you might consider.
"Every book [chosen] has stood the test of time and, I’m confident, will remain useful for generations to come," he writes. The list includes books about Warren Buffet and a book by John Bogle.
As for the Berkshire Hathaway CEO, Zweig suggests 'Buffett: The Making of an American Capitalist' by Roger Lowenstein.
"This book remains the most comprehensive and illuminating study of Warren Buffett’s investing and analytical methods, covering his career in remarkable detail up until the mid-1990s," Zweig says.
"If you read it in conjunction with Alice Schroeder's 'The Snowball: Warren Buffett and the Business of Life,' you will have a fuller grasp on what makes the world’s greatest investor tick."
When it comes to Bogle's 'Common Sense on Mutual Funds,' the Vanguard Group founder "methodically sorts fact from fiction," Zweig writes.
"Following his logical arguments can benefit you even if you never invest in a mutual fund, since Mr. Bogle touches on just about every crucial aspect of investing, including taxes, trading costs, diversification, performance measurement and the power of patience."
Meanwhile, Daniel Solin, a wealth adviser for Buckingham Asset Management, identifies five myths about investing in U.S. News & World Report.
1. "You are in control," he writes. You may actually be influenced by securities industry advertising.
2. "Positive personal traits are indicative of investing skill."
3. "Investment pros are skilled in beating the market."
4. "Investment clubs are a source of sound investment advice."
5. "Alternative investments are good choices."
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