The 3 Books Warren Buffett Wants You to Read
Warren Buffett, world famous investor, has a simple approach to his success. He seems folksy and relaxed as he manages to win at the cut throat, stressful world of trading. What can you learn from him? His approach of buying the companies with strong fundamentals is his usual advise. So what does that mean specifically? Here are the 3 books Buffet recommends we all read:
“The Intelligent Investor: The Definitive Book on Value Investing.” by Benjamin Graham
Graham was Buffett’s professor at Columbia University. Buffett credits Graham with laying the foundation for his investing philosophy. He also says Graham was a wonderful teacher, drawing the class in to learn more. Buffett has read this book half a dozen times.
“Security Analysis” by Benjamin Graham
This book is more detailed and technical than “Intelligent Investor” Some University Finance classes use this book in their coursework. Buffett says this book gave him “a road map for investing that I have now been following for 57 years.”
“Business Adventures” by John Brooks
“Business Adventures” by John Brooks is a collection of his New Yorker stories from the 50’s and 60’s. Buffett recommended this book to Bill Gates when he asked him for his favorite business book. It shows that character and morality are timeless factors in business. Business is still about the people involved.
Have you read any of these books? Did you find Buffett’s recommendations helpful? Share you thoughts with me.