Warren Buffett Book Recommendations
Warren Buffett, a name that profoundly resonates in the world of finance and investing. Behind his success lies a trail of knowledge taken from valuable books, and a developed intelligence to use that knowledge in the right place and time. Join us on the journey where we rediscover the literary treasure by Warren Buffet himself. Warren Buffett’s book recommendations are not just books, but the basis of Buffett’s financial literacy and have nurtured Warren Buffett’s strategical thinking through the years.
“Read 500 pages every day. That’s how knowledge works. It builds up, like compound interest”. Buffett gives a lot of emphasis on learning and reading every day. He also recommended books to help people learn more about money and the stock market. So, here comes Warren Buffett’s top book recommendations straight from his bookshelf.
About Warren Buffett
Fun Fact |
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Warren Buffet is popularly known as “The Oracle Of Omaha”. Oracle refers to someone with great insights and divine wisdom. Omaha being Buffett’s birthplace. |
If making accurate and precise decisions was an art then Warren Buffet would be the greatest artist of all time. Warren Buffet is a victorious investor, CEO of Berkshire Hathaway, and business leader. He is widely known for spotting understated companies and making precise decisions . Decisions that boost his wealth and reap benefit for the firm too. Born on August 30, 1930, in Omaha, Nebraska, Warren Buffet is one of the most influential financial investing mentor and figure. Buffett’s strategies and wisdom continue to guide young investors. Undoubtedly Warren Buffett is the ‘GOAT’ of investment. Here are 15 Warren Buffett Book Recommendations.
Warren Buffett Book Recommendations List
Quick View
- The Intelligent Investor by Benjamin Graham
- The Essay of Warren Buffett by Warren Buffett
- The Outsiders by William N. Thorndike
- Where is the customer’s yacht by Fred Schwed
- Security Analysis by Benjamin Graham and David Dodd
- The little book of common sense investing by John C. Bogle
- Poor Charlie’s Almanack by Charlie Munger
- Business Adventure by John Brooks
- Stress Test by Timothy Geithner
- Common stocks and uncommon profits by Philip Fisher
- The Clash of Cultures: Investment vs Speculation by John Bogle
- Investing Between the Lines: How to Make Smarter Decisions by Decoding CEO Communications by L.J. Rittenhouse
- Berkshire Hathaway Letters to Shareholders edited by Max Olson
- Shoe Dog By Phil Knight
- Tap dancing to work: Warren Buffett on practically everything by Carol Loomis
Warren Buffett Book Recommendations
(1) The Intelligent Investor By Benjamin Graham
This book is also known as “The Bible of Value Investing” according to Warren Buffett. It was first published in 1949 and written by the mentor of Warren Buffett also known as Mr. Market, Benjamin Graham. This provides readers with strategies on how to use value investing successfully in the stock market. This book still holds Graham’s legacy and the title of the most popular book on investing. One of the most widely read book in Warren Buffett Book Recommendations list.
(2) The Essays of Warren Buffett by Warren Buffett
This book is collection of Warren Buffett’s writing on various aspects of corporate America. The book celebrates the 50-anniversary of Berkshire Hathaway under the leadership of Warren Buffett. Readers will gain a valuable information on topics like governance investing, common stock, acquisitions, valuation, accounting, tax, and much more.
(3) The outsiders by William N. Thorndike
This particular work of William Thorndike will give you practical knowledge, life lessons, and real-life wisdom. This book dives deep into eight case studies about exceptional CEOs and leaders in the business world. This book brings forth the qualities, attributes, and strategies of a successful businessman. Recommended by Warren Buffet himself in his annual shareholder letters.
(4) Where are the customer’s yachts by Fred Schwed
This book is about the hilarious portrayal of the every day on Wall Street, it was first published in the 1940s. In this book, Fred Schwed brings us the harsh reality of Wall Street. Making money on Wall Street ain’t no joke, he gives some valuable insights and insider knowledge about Wall Street which still hold true up to date.
(5) Security Analysis by Benjamin Graham and David Dodd
Written by the Father of Value Investing, Benjamin Graham. After reading Graham’s The Intelligent Investor, you must go for this book. This book dives into a detailed and logical overview of the theory of Value Investing. The book deals with concepts, ideas, and knowledge about investing rather than philosophical motivation. Graham extensively discusses about the concept of value investing with the help of real-life examples.
(6) The little book of common sense for investing by John. C. Bogle
Published in 2007 and 2017 on index fund investing by the founder and the former CEO of the Vanguard Group, John C. Bogle. The book primarily focuses on index funds, which will give investors the average market returns. According to the former CEO and founder of Vanguard Group, John C. Bogle “Trying to beat the market is a loser’s game, the more the managers and brokers take, the more investors make”. A great book with useful insights from a top leader himself.
(7) Poor Charlie’s Almanack by Charlie Munger
Published in 2008, firstly it covers the Mungers family history, some warm testimonials from his family members, and then, it presents the wisdom and wit of Warren Buffett’s long-time investment partner, Charlie Munger. If you enjoy Warren Buffett’s unique sense of humor, wit, and insights, then you will get a kick out of this book.
(8) Business Adventure by John Brooks
Published in 1969, business adventure is a collection of 12 essays written by John Brooks. All the essays present in this book were previously published in the New York Times. All the essays deal with the financial and corporate life in America. Compelling tales from Wall Street, full of wit, adventure, and impactful insights.
(9) Stress test by Timothy Geithner
Published in 2014, the book takes us on a journey behind those doors and tells us the hard choices Timothy Geithner and others in the Obama administration have taken during the crisis and recovery. He also shares his professional and personal recollections and examines the tension between polity and politics that have come to dominate the world’s biggest economy.
(10) Common stocks and uncommon profits by Philip Fisher
Widely admired and respected investor of all times, Philip Fisher. His investment philosophy was introduced almost forty years ago and still holds relevance in present financial markets and for some these are gospels. Fisher is among some of the most influential investors of all time, even admired by Warren Buffet himself. This book is a holy grail for investors.
(11) The Clash of Cultures: Investment vs Speculation by John Bogle
It is a top recommendation by Warren Buffett in his March 2013 letter to shareholders. In this book, Mr. Bogle recounts the history of mutual funds, how he led to their creation, and how the original concept of long-term investing got hijacked by exchange-traded index funds. For the investors in the market, the most valuable takeaway which will save them lots of money is, John. C. Bogle’s “10 simple rules of investing”.
(12) Investing Between the Lines: How to Make Smarter Decisions by Decoding CEO Communications by L.J. Rittenhouse
A shattering way for measuring organizational credibility to determine the potential in the organization. In this book, L. J. Rittenhouse provides a proven methodology for analyzing the worthiness of an investment. This holds a place in Buffett’s letter to shareholders of 2012.
(13) Berkshire Hathaway Letters to Shareholders by Max Olson
It is a collection of letters sent by Warren Buffett to shareholders of Berkshire Hathaway for the last 50 years in an unedited form. Here, Buffett shares his methods, acts as a teacher, and shares a case study of his company Berkshire Hathaway. These annual letters contain several decades of wisdom and knowledge and are a must on the bookshelf of an investor.
(14) Shoe Dog By Phil Knight
This book is written by the co-founder of Nike; Phil Knight. The book takes us on a journey into the making of Nike from its founding as a random blue ribbon sports brand to its evolution into the world’s most profitable and recognized brand. It also highlights some aspects of Phil’s life. Buffett refers Phil Knight as a very wise, intelligent, and competitive fellow.
(15) Tap dancing to work: Warren Buffett on practically everything by Carol Loomis
In the 2021 letters to shareholders of Berkshire Hathaway, Buffett told about Carol Loomis, a former editor at large at Fortune 500 magazine and the author of “Tap Dancing to Work: Warren Buffett on practically everything”. In this book, Loomis offers readers valuable insights into Buffett’s investment strategy. And not only investment strategy, but also Buffett’s wisdom, management, philanthropy, public policies, and even on parenting.
Conclusion
This was our list of the top 15 Warren Buffett Book Recommendations. As we conclude this insightful journey of Warren Buffett’s book recommendations through his bookshelves. This is very clear, that these books do not just hold insights into financial wisdom but it also holds the essence of Buffett’s remarkable mindset and decision-making approach.
By diving into these literary treasures, we have gained a glimpse into the principles that have guided one of the world’s greatest investors of all time. If you want to benefit the most from these books, apply these principles in your real life as much as possible.
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