Warren Buffett is an American business magnate, investor, and philanthropist, who is the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of US$88.9 billion as of December 2019, making him the fourth-wealthiest person in the world.
38 books on the list
Latest Recommendations First
A Memoir by the Creator of Nike
Discover the inspiring tale of how a young entrepreneur borrowed $50 from his father and built a global brand - Nike. In Shoe Dog, the founder and board chairman of Nike, Phil Knight, reveals the early days and evolution of the world's most iconic and profitable shoe brand. Knight's story tells of the terrifying risks, crushing setbacks, ruthless competitors, and countless doubters that he encountered along the way, but also of the thrilling triumphs and relationships that formed the heart and soul of Nike. With a shared belief in the redemptive power of sports, Phil Knight and his team created a brand and culture that changed everything.
The best book I read last year. Author Phil Night, co-founder and current chairman emeritus of Nike, Inc.. He is a very wise, intelligent and competitive fellow who is also a gifted storyteller. – source
Also recommended byBill GatesDarren RovellTrung PhanMark SusterAlexis OhanianTrevor NcubeJoe WeisenthalBen ThompsonAaron Greenberg8 others
Limping on Water
My 40-Year Adventure with One of America's Outstanding Communications Companies
The book tells you a lot about its leaders, Tom Murphy and Dan Burke. These two were the best managerial duo — both in what they accomplished and how they did it — that Charlie and I ever witnessed. Much of what you become in life depends on whom you choose to admire and copy. – source
The Little Book of Common Sense Investing
The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)
Discover the key to successful investing with The Little Book of Common Sense Investing. Mutual fund expert John C. Bogle reveals the simplest and most effective investment strategy for building long-term wealth: low-cost index funds. Bogle's principles have endured through market ups and downs, and this tenth anniversary edition includes updated data and additional guidance on asset allocation and retirement investing. Supported by Warren Buffett and other financial experts, this guidebook offers a solid strategy for anyone looking to build a broadly diversified, low-cost portfolio without the risks of individual stocks or sector rotation.
There are a few investment managers, of course, who are very good — though in the short run, it’s difficult to determine whether a great record is due to luck or talent. Rather than listening to their siren songs, investors — large and small — should instead read The Little Book of Common Sense Investing. – source
Also recommended byPeter AdeneyCharlie Munger
Investing Between the Lines
How to Make Smarter Decisions By Decoding CEO Communications
Investing Between the Lines is a must-read for anyone looking to make smarter investment decisions. L.J. Rittenhouse introduces a revolutionary method for evaluating the financial integrity of a company, based on decoding CEO communications. This book will teach you how to decipher confusing company communications and platitudes, separate facts from fluff in annual reports, and safeguard your investments by investing in companies that steward investor capital. Rittenhouse's system is one of the most powerful tools a corporate leader or investor can have, and has been used to predict the collapse of Enron and the fall of Lehman. Investing Between the Lines is a game-changer for anyone keen on making an informed investment.
Tap Dancing to Work
Warren Buffett on Practically Everything, 1966-2013
This book explores the captivating story of Warren Buffett, the world's greatest investor, and his journey to building Berkshire Hathaway. Written by Fortune journalist, Carol Loomis, this collection contains thirteen cover stories and a dozen pieces written by Buffett himself. Readers will gain valuable insights into Buffett's investment strategies and his unconventional thoughts on management, philanthropy, and even parenting. This book offers a unique perspective and unparalleled trust between writer and subject.
Carol Loomis has been invaluable to me in editing this letter since 1977. – source
Also recommended byBill Gates
Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
Discover the traits and methods of exceptional CEO performance in this insightful book. Author Will Thorndike evaluates the performance of companies and their leaders, highlighting the returns for shareholders over the long term. Meet eight individualistic CEOs whose firms’ average returns outperformed the S&P 500 by a factor of twenty, and learn their striking traits that put them on winning trajectories, such as a focus on per share value and a talent for allocating capital and resources. This eye-opening book offers a compelling alternative model for leading or investing in a company, with lessons that can reap extraordinary returns.
The Outsiders is an outstanding book about CEOs who excelled at capital allocation. It has an insightful chapter on our director, Tom Murphy, overall the best business manager I’ve ever met. – source
Also recommended byMichael DellPatrick OShaughnessyMeb FaberNoah KaganMichael MauboussinAuren HoffmanTren GriffinCharlie Munger
The Clash of the Cultures
Investment vs. Speculation
This thought-provoking book by John C. Bogle, the creator of the first index fund, discusses the shift in the financial industry from a long-term investment culture to a short-term speculation culture. In The Clash of the Cultures, Bogle calls for a return to common sense principles and a federal standard of fiduciary duty. He shares his views on the failure of institutional money managers and the need for investors to meet their financial goals. The book presents a case study on the success of investment and the failure of speculation and concludes with ten simple rules for investors.
For investors, the most valuable takeaway is his list of 10 simple rules of “Common Senses Investing.” According to Bogle, it “may not be the best strategy ever devised. But the number of strategies that are worse is infinite. One of my favorite lines from the book: “Where returns are concerned, time is your friend. But where costs are concerned, time is your enemy.” (Why? Because it can pretty much apply to all aspects of your life, not just investing.) – source
Also recommended byPeter Adeney
The Intelligent Investor
The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)
This classic investment guide has been updated for today's market conditions. Benjamin Graham's philosophy of "value investing" teaches how to shield investors from substantial error and develop long-term strategies. With updated commentary by financial journalist Jason Zweig, readers gain a more thorough understanding of how to apply Graham's principles. This edition is a vital and indispensable read for anyone striving to reach their financial goals.
In my early days, I, too, rejoiced when the market rose. Then I read chapter eight of Ben Graham’s ‘The Intelligent Investor,’ the chapter dealing with how investors should view fluctuations in stock prices,” he wrote in his 2011 letter. “Immediately, the scales fell from my eyes, and low prices became my friend. Picking up that book was one of the luckiest moments in my life. – source
Also recommended byKevin RoseDavid FrumDavid Heinemeier HanssonAnkur WarikooDJ VladMichael BatnickAbhishek KarPeter Mallouk
Poor Charlie's Almanack
The Wit and Wisdom of Charles T. Munger, Expanded Third Edition
Discover the wit and wisdom of a successful businessman and investor with this book. It features talks, lectures, and public commentary from Charlie Munger, compiled with the encouragement and cooperation of Warren Buffett. Enjoy Munger's unique humor and insight as you learn about business, investing, and life.
Just buy a copy and carry it around; it will make you look urbane and erudite,” Buffett joked in his 2010 shareholder letter – source
Also recommended byNaval RavikantMarc AndreessenTai LopezDerek SiversDrew HoustonAnkur WarikooRamit SethiPatrick CollisonDaniel Ek1 other person
This humorous and wise book takes a good hard look at the world of investing on Wall Street. Exposing the folly and hypocrisy of the industry, it offers contrarian advice and opens investors' eyes to the reality of brokers getting rich while their customers go broke. Featuring a hilarious story about visitors to New York admiring yachts of bankers and brokers, the book makes readers question where the customers' yachts are. It's a classic that proves the more things change, the more they stay the same.
This is the funniest book ever written about investing. It lightly delivers many truly important messages on the subject. – source
The General Theory of Employment, Interest and Money by John Maynard Keynes CB Fba
Warren Buffett's Ground Rules by Jeremy Miller
Stress Test by Timothy F. Geithner
40 Chances by Howard G Buffett
Dream Big by Correa Cristiane
A Few Lessons for Investors and Managers From Warren Buffett by Peter Bevelin
The Most Important Thing by Howard Marks
The Ten Commandments for Business Failure by Donald R. Keough
Paths to Wealth Through Common Stocks by Philip A. Fisher
Jack by Jack Welch
The Man Behind the Microchip by Leslie Berlin
Security Analysis by Benjamin Graham
Bull by Maggie Mahar
A Short History of Nearly Everything by Bill Bryson
The Making of the President 1960 by Theodore H. White
Common Stocks and Uncommon Profits and Other Writings by Philip A. Fisher
First A Dream by Jim Clayton
Take on the Street by Arthur Levitt
Common Sense on Mutual Funds by John C. Bogle
Nuclear Terrorism by Graham Allison
Personal History by Katharine Graham
How to Win Friends and Influence People by Dale Carnegie
The Great Crash 1929 by John Kenneth Galbraith
The Farmer from Merna by Karl Schriftgeisser
The Science of Hitting by Ted Williams
Business Adventures by John Brooks
Essays in Persuasion by John Maynard Keynes