Nobody wants an introduction for Goldman Sachs. But, nevertheless, we give it here. Goldman Sachs is a multinational financial services and investment banking company which has its headquarters in the New York City. Not just investment banking, it offers solutions in securities, asset management, investment management, securities underwriting, and prime brokerage.
Investment bankers are a rare breed and they become, well, investment bankers after studying a lot. They go through many qualifications for investment banker before they get paid such handsomely. So, if you wish to be here in the league of the best investment banking professionals, here’s the list of books you must read, all recommended by Goldman Sachs for different case scenarios:
• The Bond Book: Third Edition: Everything Investors Need to Know About Treasuries, Municipals, GNMAs, Corporates, Zeroes, Bond Funds, Money Market Funds, and More –
The author of the book is Annette Thau. The bond market stood at the brink of the 2008’s financial crisis. The most confident investors were worried about their investment safety. In order to serve investors and people looking to explore investment opportunities, the book covers important topics like buying bond funds, the safest bond funds, emerging market bonds, and purchasing treasuries without payment of commission. It gives important insights into open-end funds, exchange-traded funds (ETFs), and closed-end funds.
• Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications: Study Guide (New York Institute of Finance)-
For people who already have their portfolio filled with all good qualifications for investment banker, the significance of technical analysis is widely accepted. The book has been authored by John J. Murphy and has been successful in teaching legions of traders, the fair share of technical analysis, which is indispensable for financial markets. A wide spectrum of topics have been covered in this book, the likes of which are, inter-market relationships, candlestick charting, and stocks and stock rotation. Anyone can analyze the condition of the market behavior by understanding the technicalities.
• The “Wall Street Journal” Guide to Understanding Money and Investing (Wall Street Journal (Lightbulb Press))-
Authored by Kenneth M. Morris and Virginia B. Morris, this book is for any layman no matter if they have got qualifications for investment bankers or not. This book reflects on a variety of topics which are exchange-traded funds (ETFs), impact of the Euro stocks, Hedge funds money and markets, and managed accounts. Moreover, recent changes in the markets, new rules on dividends, and an extended coverage of the operations of the mutual fund also find a place here. Owing to informative graphics and simple way of making somebody understand things, it is a perennial great seller.
Goldman Sachs has a totally separate reading compilation of books for people who are joining it. The books cover comprehensive aspects of investment banking- from its history to culture to corporate finance, and trading. If you are interested in finance or looking for a career in it, you can never grow wrong with what Goldman Sachs itself recommends.