mocks: I find myself buying scrolls every time I can, but I have never bought a book before. Do books do anything else besides providing lore?
revial: Monster books are shortcuts to gaining all 3/3 skill levels in knowing your enemy. Otherwise it comes naturally as you fight each individual type of monster, I believe (not 100% sure on the last part, as the first thing I've always done is buy books at the start of each Act).
Yes the knowledge does come naturally but you have to kill a lot of monsters of that particular species before you gain all three levels. I gained 3/3 for harpies this way.
But for the bigger ones oyu need to go for the books as there so few of them.
And as to the OP's question , besides the lore , books let you know the best tactics for a monster, like using fire against wraiths etc etc...