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All in the title.
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The Only Investment Guide You'll Ever Need
by Andrew Tobias. It contains the basics and definitions of things nobody else ever defined (difference between T Notes, T Bills and T Bonds, for example). I read it 15 years ago, so I imagine the newest edition would also discuss things like ETFs that weren't common then. Tobias correctly describes how fees weigh down performance.

Since you asked "What is your favourite investment book?" and didn't ask about a favorite "money book," I didn't answer The Millionaire Next Door.
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My favorite investing books: 1. One-Up on Wall Street by Peter Lynch, 2. Intelligent Investor by Benjamin Graham, Capital Markets and Portfolio Management by William F. Sharpe<Modern Portfolio Theory, How We Trade Options by Jon and Pete Najarian,... . The list goes on and on and on...

WHOVPLLC
Investment Professional
1974 - Present
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