[andrewb1]

Poor Charlie's Almanack. It's a compilation of talks and essays from Charlie Munger, Warren Buffet's business partner. This book has single-handedly changed my invest strategies and mindset. Instead of trying to buy low and sell high, Berkshire Hathaway holds a large cash position, until they find something they consider to be a sure bet, take a large stake and hold. I now have the quote "Be right and hold tight" written at my work table.

[MarkMc]

Poor Charlie's Almanack is a fine book, but as it's just a collection of speeches and short stories the content is somewhat unstructured. I prefer "Seeking Wisdom from Darwin To Munger" by Peter Bevelin: https://www.amazon.com/Seeking-Wisdom-Darwin-Munger-3rd/dp/1...

[supershobu]

This is one of the most powerful books I have read.

[makerleader]

This is the best "reference" book out there in my opinion.

My algorithm for making decisions now boils down to:

Filling out this: https://www.farnamstreetblog.com/2014/02/decision-journal/

and referencing applicable models from Seeking Wisdom and https://www.farnamstreetblog.com/mental-models/