We all know Mr. Warren Buffett as one of the most successful investors in the world, the former richest man on the earth, and an inspiration for many. Warren Buffet is synonymous with strategic and excellent investment. He spends 80% of his day, reading books, even at this age. In his various interviews, he has confessed that he often reads around 1000 pages a day! According to him, 650 to 1000 pages a day is his daily reading habit. This great thinker, cum investor cum philanthropist, has suggested his top 10 favorite books, which are bible to new entrepreneurs. The list as follows:
- Intelligent Investor by Benjamin Graham: According to Buffet, at the age of 19, it gave him the intellectual framework of investment.
- Security Analysis by Benjamin Graham: Another groundbreaking book by the great Wall Streeter would help you to understand a company from the core.
- Common Stocks and Uncommon Profits by Philip A. Fisher: Though Fisher has not given that much of impact like Graham but Buffet recommends it to know how the company’s management should be evaluated.
- Stress Test by Timothy F. Geithner: Buffet says this book gives you an idea of how to deal with stressful times.
- Jack: Straight from the Gut by Jack Welch with John A. Byrne: Buffet advice that his business memoir is a kind of episode that every business person must watch. According to him, Welch’ smart, energetic, hands-on.’
- The Outsiders by William N. Thorndike Jr.: Buffet says, “’ an outstanding book on CEOs who excelled at capital allocation.” Forbes, too, has described it as “one of the most important business books in America.”
- The Clash of Cultures by John C. Bogle: this book is about practical tips that are going to help the entrepreneurs. Buffet personally recommends it for young investors.
- Business Adventures by John Brooks: Buffet suggested and also sent his copy to Bill Gates to his question of the best book in business. Gates remarked it as “John brooks is an unbelievable business writer.”
- Essays in Persuasion by John Maynard Keynes: Buffet suggested that Keynes would make you aware of securities and market.
- Where are the Customers’ Yachts? Buffet suggested it get very important learning in a jolly and friendly manner.
So why are you waiting? Get a chair. Grab these by one and finish them off before quarantine ends! By the end of these gloomy days, you will earn adequate knowledge.