Dumb’s Guide: Top 10 Best Portfolio Management Books

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Top 10 Best Portfolio Management Books: Books are the unsung heroes of our lives. If you are bad at something, just read a bit about it and you will probably start to handle your fear of it. Books can help you improve your skills in any particular field.

In this article, we will help you with finding some best portfolio management books. Portfolio management is not an easy procedure and it requires a lot of market knowledge and experience. These books are your best buy if you want to reach the next level in portfolio management.

For beginners, these books act as a perfect guide. The books will teach them all about the how-to aspects.

  1. Portfolio Management Formulas:

It is an outdated book but this Ralph Vince authored book covers all the specifics about portfolio management. The book will tell you all about stock markets, Options, and other mathematical trading methods. However, those with a solid background in mathematics can only understand the explanations and computations. This book will definitely help you in diversifying your complete portfolio.

  1. Optimizing Corporate Portfolio Management:

Those who are looking for advice in corporate level portfolio management can avail this Anand Sanwal & Gary Crittenden penned book about portfolio management. This book is filled with practical insights and pragmatic solutions that will help you in understanding the means of portfolio management.

  1. Investment Leadership and Portfolio Management:

It is a slightly different book from the usual portfolio management books as it will not guide you on how to become a master of the portfolio management but will surely give you insights on different operations and fundamentals of investment processes. From designing your portfolio to analyzing and evaluating, this Brian D. Singer & Greg Fedorinchik authored book will definitely give you some insights on portfolio management.

  1. Portfolio Management for New Products: Second Edition

People call this book as the bible on portfolio management. This book especially recommended for those who are actually in the waters of the market and want to revise the whole process of portfolio management.

  1. Running Money:

This book on portfolio management is clearly meant for the rookies. The students and beginners who want to master the fundamentals of portfolio management. The book provides the reader a practical insight of the market.

  1. Investment Analysis and Portfolio Management:

The Frank K. Reilly & Keith C. Brown authored book is dedicated for those who want to understand all about portfolio management but are afraid of doing so because of the quantitative finance. Quantitative finances are a complex thing and this simply written book will help them with long explanations on market.

  1. Portfolio Management under Stress:

The professional market researchers prefer this book over other as it provides a detailed account of portfolio management. The book spreads light on stress testing methodology, but going through the whole book will make any reader feel bored. It is a lengthy book.

  1. Behavioral Portfolio Management:

The most important factor required for portfolio management is the investor’s psychology rather than money. The book will teach you all about mastering your emotions for better returns. C. Thomas Howard has clearly stated that it is always better to maintain a healthy distance from your portfolio.

  1. Active Portfolio Management:

The book deals with the risks attached to portfolio management. Mostly the traders and risk managers prefer this Richard Grinold and Ronald Kahn authored book. But it requires proper knowledge of quantitative finances.

  1. Pioneering Portfolio Management:

This is probably the best book for understanding the deeds of portfolio management. Authored by David F. Swensen, this book is an ideal choice for MBA students and students involved in the finances.