Warren Buffett

Limping on Water

My 40-Year Adventure with One of America's Outstanding Communications Companies

Jan 01, 1682

Warren Buffett

Feb 27, 2016

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)

John C. Bogle - Oct 16, 2017 (first published in 2007)

Goodreads Rating

4.2 (13k)

FinanceNonfictionBusinessPersonal Finance

The best-selling investing "bible" offers new information, new insights, and new perspectives The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effe...

Warren Buffett

Feb 27, 2015

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 by

Peter AdeneyCharlie Munger

BusinessNonfictionFinance

Tap Dancing to Work

Warren Buffett on Practically Everything, 1966-2013

Carol J. Loomis - Dec 31, 2013 (first published in 2011)

Goodreads Rating

4.0 (2k)

Warren Buffett built Berkshire Hathaway into something remarkable— andFortunejournalist Carol Loomis had a front-row seat for it all. When Carol Loomis first mentioned a little-known Omaha hedge fund manager in a 1966Fortunearticle, she didn’t dream that Warren Buffett would one day be considered the world’s greatest investor—nor that she and Buffe...

Warren Buffett

Mar 01, 2013

Carol Loomis has been invaluable to me in editing this letter since 1977. – source

Also recommended by

Bill Gates

Investing Between the Lines

How to Make Smarter Decisions By Decoding CEO Communications

L. J. Rittenhouse - Jan 08, 2013 (first published in 2012)

Goodreads Rating

3.4 (159)

https://www.berkshirehathaway.com/letters/2012ltr.pdf

The essential guide to making smarter decisions by decoding CEO Communications Recommended reading in Warren Buffet's 2013 Shareholder Letter Investing Between the Lines introduces a revolutionary method for evaluating the financial integrity of a company. You don't need special access to "insider" information or a degree in accounting to figure i...

Warren Buffett

Mar 01, 2013

BusinessNonfictionFinance

The Outsiders

Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

William N. Thorndike - Oct 23, 2012

Goodreads Rating

4.2 (8k)

”It is impossible to produce superior performance unless you do something different.” — John TempletonWhat makes a successful CEO? Most people call to mind a familiar definition: a seasoned manager with deep industry expertise. Others might point to the qualities of today’s so-called celebrity CEOs—charisma, virtuoso communication skills, and a con...

Warren Buffett

Mar 01, 2013

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 by

Michael DellNoah KaganMichael MauboussinTren GriffinCharlie Munger

The Clash of the Cultures

Investment vs. Speculation

John C. Bogle - Aug 07, 2012

Goodreads Rating

3.9 (528)

How speculation has come to dominate investment—a hard-hitting look from the creator of the first index fund.Over the course of his sixty-year career in the mutual fund industry, Vanguard Group founder John C. Bogle has witnessed a massive shift in the culture of the financial sector. The prudent, value-adding culture of long-term investment has be...

Warren Buffett

Mar 01, 2013

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 by

Peter Adeney

The Intelligent Investor

The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)

Benjamin Graham - Feb 21, 2006 (first published in 1949)

Goodreads Rating

4.2 (95k)

Kevin RoseDavid FrumDavid Heinemeier HanssonDJ VladMichael BatnickAbhishek KarPeter Mallouk

More than one million hardcovers soldNow available for the first time in paperback!The Classic Text Annotated to Update Graham's Timeless Wisdom for Today's Market ConditionsThe greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields invest...

Warren Buffett

Feb 25, 2012

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 by

BusinessNonfictionFinance

Poor Charlie's Almanack

The Wit and Wisdom of Charles T. Munger, Expanded Third Edition

Peter D. Kaufman - Jan 01, 2005

Goodreads Rating

4.5 (7k)

For the first time ever, the wit and wisdom of Charlie Munger is available in a single volume: all his talks, lectures and public commentary. And, it has been written and compiled with both Charlie Munger and Warren Buffett's encouragement and cooperation. So pull up your favorite reading chair and enjoy the unique humor, wit and insight that Charl...

Warren Buffett

Feb 26, 2011

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 by

Naval RavikantMarc AndreessenTai LopezDerek SiversDrew HoustonRamit SethiPatrick CollisonDaniel EkCourtland Allen

Where Are the Customers' Yachts? or A Good Hard Look at Wall Street

Fred Schwed - Jan 10, 2006 (first published in 1940)

Goodreads Rating

3.9 (2k)

"Once I picked it up I did not put it down until I finished. . . . What Schwed has done is capture fully-in deceptively clean language-the lunacy at the heart of the investment business." -- From the Foreword by Michael Lewis, Bestselling author of Liar's Poker ". . . one of the funniest books ever written about Wall Street." -- Jane Bryant Quinn, ...

Warren Buffett

Feb 28, 2007

This is the funniest book ever written about investing. It lightly delivers many truly important messages on the subject. – source

PoliticsSocial SciencesNonfiction

Nuclear Terrorism

Graham Allison - Aug 01, 2005

Goodreads Rating

3.7 (219)

"Allison's comprehensive but accessible treatment of this vital subject is a major contribution to public understanding." -The New York Times Book ReviewAmericans in the twenty-first century are keenly aware of the many forms of terrorism: hijackings, biological attacks, chemical weapons. But the deadliest form is almost too scary to think about-a ...

Warren Buffett

Feb 28, 2005

Must-read for those concerned with the safety of our country. – source