Investment book market slumps

Books claiming to show you how to get rich quickly through the stock market are piling up on shelves as investors reassess their…

Books claiming to show you how to get rich quickly through the stock market are piling up on shelves as investors reassess their options in the light of stock market disappointment. Last year's stock market plunge has discouraged investors from making their own investment decisions and they have tired of reading up on what now appears to be more worthless stock tips and investment strategies. Authors whose books have been able to survive in the current market are those who have already cultivated a following or have some other claim to celebrity, such as television personalities or high-profile Wall Street analysts.

These include The Street.com Guide to Smart Investing in the Internet Era: Everything You Need to Know to Outsmart Wall Street and Select Winning Stocks by Dave Kansas and James Cramer, founders of financial news website TheStreet.com. Bestseller lists of business books mirror the trend publishers have seen away from books on investing and personal finance.