Hacker News new | ask | show | jobs
by Muted 3936 days ago
Here are some books Buffett has recommended, I'm sure there are tons of other books, these are just the ones that have stuck with me.

Investing: 1) The Intelligent Investor - Benjamin Graham 2) Security Analysis - Benjamin Graham 3) Common Stocks and Uncommon Profits - Philip Fisher 4) The Little Book of Common Sense Investing - John Bogle 5) The Most Important Thing - Howard Marks

Economics: 1) An Inquiry into the Nature and Causes of the Wealth of Nations - Adam Smith 2) Where Are the Customers' Yachts: or A Good Hard Look at Wall Street - Fred Schwed 3) stuff by John Maynard Keynes (never heard him mention exact title)

Others: 1) Poor Charlie's Almanac - Charles Munger 2) Business Adventures - John Brooks 3) How to win friends and influence people - Dale Carnegie

Then there are some things I've never heard him explicitly recommend but I think are definitely worth reading: 1) Letter to shareholders (all of them, you can find the ones of his partnership and earlier ones online) 2) The Snowball - Alice Schroeder 3) Tap Dancing to Work - Carol Loomis (There are tons of books on Buffett, but these two are friends of his)

Also, if you ever go to his shareholders meeting, there's a whole list of "Buffett approved books". Some that I can remember from this years meeting (other then the ones mentioned above): 1) all of them found on https://www.poorcharliesalmanack.com/ 2) Dream Big - Cristiane Correa 3) a bunch more that I cant remember

Finally on his investing, he has laid out a bunch of times what he believes is best for ordinary people who aren't going to devote most of their time to investing namely, buy a low cost index fund (he recommends Vanguards, I believe it was this one https://personal.vanguard.com/us/funds/snapshot?FundId=0540&... ) I'm not quite sure why so little people (that I know) listen to him. It seems that people want to show that they can outperform the market, but rarely do.