Berkshire Hathaway’s Chairman and CEO, Warren Buffett, is a voracious reader. His passion is to read more and learn more. Every day he reads approximately 500 to 600 pages. He believed that’s how knowledge works. It builds up like a compound interest. If you want to be intelligent and successful, follow Warren Buffett’s advice. Here is the list of some books that Warren Buffett has recommended:
Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger
This book was edited by Peter D. Kaufman and forwarded by Warren Buffett. It is Charlie Munger’s biography, who is a vice chairman of Berkshire Hathaway. This book includes all of Charlie’s speeches and talks on different occasions. He focused on and explained 25 cognitive biases in detail. This is a great book of financial wisdom.
The Intelligent Investor
Benjamin Graham’s The Intelligent Investor is a bible of investing for Warren Buffett. This book gives you all the basic lessons and investing guide one needs to learn. With praise, he said that purchasing Ben’s book was the best among all the investments he has ever made.
Common Stocks and Uncommon Profits
“Common Stocks and Uncommon Profits” is written by Philip A. Fisher. This book guides investors in analyzing the quality of a business. Through the book, Fisher recommended investing in those companies that are growth-oriented.
Benjamin Graham and David L. Dodd’s book “Security Analysis” mentions the basic steps required to evaluate an investment. It also teaches about the margin of safety principle to make profits.
The Little Book of Common-Sense Investing
The Little Book of Common-Sense Investing by John C. Bogle is about the stock market, simple investment strategy, index funds, and the magic of compounding.