The $900 Book That's The Favorite Of Hedge Funds (And 14 Other Top Texts)

As the world's largest network of investment professionals, we've got a lot of data about analysts, portfolio managers, principals, and CIOs at hedge funds, mutual funds, and other buyside shops. One optional question that SumZero members can fill out on their membership profiles is what their favorite investment books are, so we decided to go through the data and tabulate which books were the most popular.

The favorite? Given fund analysts' love of hard-to-get information, it's no surprise that used copies of the out-of-print edition trade at around $900.

Title	Author	% of users that listed as favorite
Market Wizards	Jack D. Schwager	1.342883
Competition Demystified	Bruce C. Greenwald	1.342883
The Outsiders	William N. Thorndike	1.521934
Fooling Some of the People All of the Time	David Einhorn	1.521934
Value Investing	Bruce C. Greenwald	1.969561
The Essays of Warren Buffett	Lawrence Cunningham	2.059087
Poor Charlie's Almanack	Charlie Munger	2.327663
One Up On Wall Street	Peter Lynch	2.417189
Reminiscences of a Stock Operator	Edwin Lefevre	2.775291
Common Stocks and Uncommon Profits	Philip Fisher	3.222919
Security Analysis	Benjamin Graham and David L. Dodd	3.760072
The Most Important Thing	Howard Marks	4.207699
You Can Be a Stock Market Genius	Joel Greenblatt	6.624888
The Intelligent Investor	Benjamin Graham	9.042077
Margin of Safety	Seth Klarman	17.636526