2025 New Investor's Essential Economics Book Summary

Stock investment is a common method for many individuals to grow their assets, but it is also an area with high risk. Especially for investors who are just entering the market, systematic learning is essential. Accumulating both theory and practical experience through books related to economics is the shortcut to success. In this article, we will select and introduce in detail 10 must-read books on economics for beginner investors planning to start stock investing in 2025.

Why are books related to economics the best learning materials?

The stock market is not merely a realm of luck but requires thorough analysis and strategy. To grasp market trends and make rational investment decisions, a solid knowledge base is necessary. Books on economics clarify abstract concepts systematically and allow you to leverage proven experiences of seasoned investors. Especially books published by reputable authors and publishers contain verified and refined content, making them more useful for beginners compared to online information.

How to choose economics-related books suited to your investment style

When selecting books related to economics, you should first understand your own investment goals and learning style. If you want to understand basic market principles, start with introductory-level books. If you are interested in technical analysis or chart interpretation, specialized analytical books are suitable. Additionally, consider whether you prefer in-depth learning through text or learning through real-life cases and storytelling, and choose accordingly.

10 must-read economics books for stock investors in 2025

1. 《The Intelligent Investor》 - Benjamin Graham

This classic, embodying the philosophy of value investing, analyzes the true value of companies and proposes an investment approach that remains unaffected by market volatility. The author emphasizes the importance of stable investing and decision-making based on meticulous analysis. Warren Buffett’s case of buying Coca-Cola shares in 1988 and holding them for over 30 years, generating multiple returns, demonstrates the validity of these principles. He carefully examined brand value and financial health before executing a long-term holding strategy. This is a must-read for beginners to lay the foundation for long-term success.

2. 《The Psychology of Money》 - Morgan Housel

This work deeply analyzes how humans make irrational decisions regarding money. It explains in detail how to overcome emotional judgments in investment situations and maintain logical thinking. For example, the case of an investor selling large bank stocks at low prices during a financial crisis illustrates how emotional decisions can lead to significant losses. The book emphasizes the impact of psychological stability and emotional control on investment success, greatly aiding beginners in self-management skills.

3. 《Market Wizards: Wall Street Heroes》 - Peter Lynch

This book, containing the investment philosophy and success stories of a famous fund manager, shows that ordinary individuals can generate excellent returns through rational analysis. The author shares experiences of investing in companies discovered in everyday life to achieve high returns. The message that understanding the market correctly and establishing personal investment principles and consistently executing them is key to success inspires beginners. It is a must-read for all new investors aiming to evaluate stocks from a long-term perspective.

4. 《Short-term Trading Techniques that Profit with Principles》 - Jeong-yeon Won(Mango)

This work systematically organizes the basic rules and practical techniques of short-term trading. It covers technical analysis methodologies and the psychological preparation needed for short-term trading in detail. Using the case of a trader who made significant profits during the GameStop stock crash but missed the downturn point, it emphasizes the importance of thorough planning and precise timing. Focusing on risk management and loss control, this book provides practical help for beginners pursuing short-term profits.

5. 《Moving Average Investment Method》 - Gojiro Kang

This book explains the utilization of the moving average, a key indicator in technical analysis, in an easy-to-understand manner suitable for beginners. It presents methods to identify long-term market trends and respond to volatility with real-world examples. The cases of investors who detected early signs of a downtrend using moving averages after the dot-com bubble burst in the early 2000s and minimized losses prove the tool’s practicality. It is an economics-related book that helps novice investors build a solid foundation in technical analysis.

6. 《The Power of Reading 1%》 - Mer

This book presents a methodology for detecting subtle market changes and turning them into investment opportunities. It explains in detail how to develop data-driven analysis skills, making it suitable for those interested in quantitative investment approaches. It covers how quantitative investors generate continuous profits from subtle market signals and offers a scientific investment method for analytical thinkers among beginners.

7. 《Follow Stock Investment blindly》 - Jae-Soo Yoon

An introductory book that clearly organizes the fundamental principles of stock investing. It systematically covers all practical aspects needed by beginners, from opening accounts to selecting stocks, risk management, and trading procedures. In the early 2010s, many new investors used the ‘dollar-cost averaging’ strategy from this book to diversify losses during market downturns and secure profits during recovery. The method of setting stop-loss criteria plays a key role in preventing emotional decisions and achieving stable returns. It is a must-read for beginners to acquire comprehensive practical knowledge for investing.

8. 《Don’t Invest in Stocks Without Understanding Electronic Disclosure》 - Jang Woo-jin

This book develops the ability to analyze corporate disclosure information to accurately assess financial health. The author emphasizes that properly utilizing transparent financial disclosure information is a prerequisite for successful investing. The case of an investor who discovered sales growth and new contract news from a small company’s disclosures and saw the stock price more than double after five years of initial investment clearly demonstrates the value of disclosure analysis. It is an essential economics-related book for beginners aiming to develop corporate analysis skills.

9. 《Starting Stock Short-term Strategies from the Beginning》 - Hong In-ki

A practical guide that explains the basics and advanced strategies of short-term trading step by step. It presents recent cases of profits from short-term strategies in the Korean market and losses caused by poor entry and exit strategies, providing a balanced perspective. Suitable for beginners learning short-term trading and those systematically studying risk management.

10. 《Golden Star’s American Stock Dividend ETF Investment Habits》 - Choi Yoon-young(Golden Star)

This work discusses strategies for generating stable income through dividend ETFs. It explains in detail how long-term investors can grow their assets through dividend reinvestment. The case of investing in dividend ETFs for ten years, reinvesting dividends quarterly, and increasing assets by over 30% compared to the principal clearly demonstrates the effectiveness of this strategy. It is a must-have book in the list of economics-related books for beginners aiming for long-term and sustainable income.

Conclusion

The success of stock investing begins with building a solid theoretical foundation. The economics-related books introduced above are essential assets for beginners to understand the market and establish effective investment strategies. As the accumulation of knowledge and experience determines investment success, I hope you grow into an investor equipped with both through continuous reading. Through systematic learning and repeated market experience, I encourage you to engage in more confident investing activities in 2025.