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Trader Book Club: Trading Analysis and Theory

We’ve collated a list of some of the best books on trading and investing analysis and theory for you to enhance your skills and learn some new tricks...

Note this list is not exclusive, instead we encourage you to recommend books to be added so we can cover all bases and get the best reading collection for you...

Range: Why Generalists Triumph in a Specialized World? by David Epstein (2019)

Click to buy Range by David Epstein

Summary: David Epstein, investigative reporter for ProPublica, looks into the lives of the world's most successful artists, athletes, investors and forecasters to see what makes them the best at what they do. Epstein uses these findings to determine that generalist, rather than specialists, are the ones who will succeed. He uses anecdotes and real-life stories to encourage his readers that those who think broadly and diversely and carry this into their action, will thrive above all others.

Why you should read this: If you’ve been told all your life that becoming the best of what you do takes hours spent educating yourself and working towards one specific subject then you should pick up this book and start reading because it could change your focus.

Inside the Black Box: The Simple Truth about Quantitative Trading by Rishi K. Narang (2009)

Click to buy Inside the Black Box by Rishi K Narang

Summary: Rishi K. Narang gives a comprehensive overview of quantitative trading in this book that takes out the over-complicated and technical style you find in most quantitative trading manuals. He provides a framework for those both already familiar with the investing world and also for those wanting to get involved for the first time.

Why you should read this: If you want to learn how you can excel in the obscure world of quantitative trading or want to improve your existing work then look no further than this book. Not only is it extremely readable but he gives clear instructions on how to apply his teaching to real life situations.

Hedge Fund Market Wizards, by Jack D. Schwager (2012)

Click to buy Hedge Fund Market Wizards by Jack D. Schwager

Summary: Investment expert and Wall Street Theoretician Jack Schwager takes a look at what makes the hedge fund world tick. He gives us insight into some of the best traders' - aka market wizards' - success stories as well as the philosophy behind their methods. Not only is this book incredibly in-depth and insightful but Schwager provides us with an extensive list of essential lessons to use in our own investing strategies.

Why you should read this: This is great for any level of trader and really is a clear guide on how to be a market wizard. Whether you've got what it takes to be one only you will know, but this book should get you ever closer...

Pod Chats: Jack Schwager on Market Wizards

Trillion Dollar Coach: The Leadership Playbook of Silicon Valley’s Bill Campbell by Eric Schmidt, Jonathan Rosenberg and Alan Eagle (2019)

Click to buy Trillion Dollar Coach by Eric Schmidt, Jonathan Rosenberg and Alan Eagle

Summary: This team of writers look to the life of business magnate Bill Campbell, who has mentored some of the most successful entrepreneurs in history, for his invaluable lessons in management and coaching. Bill Campbell’s, or “Coach Bill's”, students have come together in this book to shares some of his most pragmatic and illustrious teachings.

Why you should read this: If this is as close as you can get to having the great Bill Campbell as your own personal mentor then it’s worth reading this book. Not only are there clear actions you can take from this book, but it's also a fun and wholesome read.