Warren Buffett is one of the most successful investors in the world. He has made billions of dollars by buying and selling stocks. But what are his favorite books on investing? What are the best Warren Buffett books he recommends?
In this article, we will take a look at some of the best Warren Buffett books that he has recommended over the years. We will also discuss why he recommends them and how they can help you become a better investor.
Best books recommended by Warren Buffett
As an investor that strives for excellence, it is important to learn from the best, and there is no better teacher than Warren Buffett himself. Although the legendary investor has never written a book, he has recommended many books over the years that have helped him become one of the richest men in the world.
Here is Warren Buffett’s books list:
Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger
Poor Charlie’s Almanack is one of the best books to learn from Charlie Munger, who has been Warren Buffett’s business partner for decades. Although Charlie and Warren share some of the same views on investing they differ slightly.
This book is a compilation of speeches, views, and essays by Charlie Munger, which can help investors understand how these two legendary investors approach investments. Munger covers a wide range of topics, from psychology to investing, and it is filled with wisdom that can certainly help your investing journey.
The Intelligent Investor
The Intelligent Investor remains one of the most acclaimed investment books of all time, and it is still one of the best fundamental analysis books ever written. Warren Buffett has long shared his admiration for Ben Graham, and how his ideas and his iconic book shaped his investment strategy.
The Intelligent Investor is the equivalent of a value investing bible, and it is still the best book to learn value investing. Benjamin Graham is considered to be the father of value investing and in this book, he talks about how to find stocks that are undervalued by the market and how to hold them for the long term.
Tap Dancing to Work: Warren Buffett on Practically Everything
Tap Dancing to Work allows you to get inside the mind of Warren Buffett. It tells the story of Warren Buffett and how he become the Oracle of Omaha. You will also be able to understand Buffett’s views on other topics beyond investments.
You will learn about Warren Buffett’s life, his investing strategies, and his views on a wide range of topics. If you'd like to get to know the man behind the legend, this is the book for you.
The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
This book is about eight CEOs who have outperformed the market by following their own path. They are all “outsiders” in that they don’t follow the traditional path to success. The blueprints for success show how anyone can find success by thinking outside the box while still making sound decisions.
Understanding how to find the best leaders is an important lesson for any investor. And this book does a great job of breaking down what it takes to be a successful business leader.
The Clash of the Cultures: Investment vs. Speculation
Jack Bogle, the founder of Vanguard, talks about the differences between investing and speculation. He argues that most investors are speculators and that this is one of the reasons why the stock market is so volatile.
If you are unsure if you are an investor or a speculator, this book will help you figure it out. It is an important read for anyone who wants to be a successful investor.
Investing Between the Lines: How to Make Smarter Decisions by Decoding CEO Communications
Lior Gantz, the author of this book, argues that most investors don’t pay enough attention to what CEOs say. He believes that by decoding their language, you can make better investment decisions. This is because CEOs often give clues about their companies’ future performance in their speeches and interviews. This book can help you identify and profit from the different clues CEOs can give you. It is an important book to understand and explore a company’s governance.
40 Chances: Finding Hope in a Hungry World
In this book, Howard G. Buffett (Warren Buffett’s son) talks about his experiences as a farmer and philanthropist. He explains that everyone has the same chance to make a difference in the world, regardless of their circumstances.
This book is a great read for anyone who wants to make a difference in the world and understand the Buffett’s family positive influence on the world. It will inspire you to take action and make a difference in your own community.
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
In this classic read, John Bogle talks about how to invest in the stock market. He argues that you should invest in a diversified portfolio of index funds. Jack Bogle shows investors in simple terms all of the advantages of a passive portfolio investment strategy.
The Little Book of Common Sense Investing still remains one of the best investing books for beginners. By following Bogle’s advice, you can avoid the fees that active managers charge and still earn a good return on your investment.
Where Are the Customers' Yachts? Or a Good Hard Look at Wall Street
In this must-read, Fred Schwed Jr. takes a humorous look at Wall Street and the investment business. Most people who work on Wall Street don’t really know what they’re doing, and it can be a very dangerous place for your hard-earned money.
This book is a great read for anyone who wants to learn more about the investment world and how to be a smart investor. Wall Street is full of people who are just trying to make a quick buck. You need to be careful about where you invest your money.
Limping On Water
Phil Beuth explains the business world from the perspective of a former executive. He takes readers through his own successes and failures, as well as the stories of other business leaders.
This book is perfect for anyone who wants to learn more about the business world and how to be a successful leader.
Shoe Dog
Nike is one of the most successful companies in the world, and this book tells the story of how it all started. Phil Knight talks about his own journey from being a college student selling shoes out of the trunk of his car to being the CEO of one of the most successful companies in the world.
If you are looking for a book that will inspire you to follow your dreams, this is the book for you. For example, he gives great tips on how to start your own business but does not shy away from the difficulties that come with it.
Bull!
In this book, Maggie Mahar takes a look at the history of Wall Street and how it has changed over the years. She shares that the stock market is not as safe as it used to be and that investors need to be careful. This is because, throughout history, there have been boom and bust cycles.
In the past, investors could rely on the fact that stocks always went up in the long run. However, this is no longer the case. The market is much more volatile now and can go up or down at any time. This means that investors need to be more careful when choosing stocks.
The Smartest Guys in the Room
Learning what not to do and the signs of a failing company is important for any stock market investor. Enron was once a very successful company, but it all came crashing down due to fraud and corruption.
This book is a great read for anyone who wants to learn how to spot the red flags that indicate a company is in trouble. It is also a good reminder that no investment is ever 100% safe.
The Making of the President 1960
Politics is not something that Warren Buffett is usually interested in, but he has recommended this book to everyone. The reason why is because it provides a great behind-the-scenes look at how a presidential campaign is run.
This book is ideal for anybody who wishes to understand more about the political process. The stock market is not the only thing that goes up and down. In politics, things can change very quickly and unexpectedly. Being prepared for this is important for any investor.
A Piece of the Action
The credit card business is a great example of how the free market works. In this book, Joe Nocera takes a look at how the credit card industry has changed over the years. He also shares some of the lessons that he has learned from his own experience in the industry.
Insights into consumer spending and commerce are valuable for any investor. This book is a great read for anyone who wants to learn more about the credit card industry and how it works.
Keeping At It: The Quest for Sound Money and Good Government
Warren Buffett knows that to be a great investor, you have to understand money as well as government policies. Economics is a complex subject, but this book breaks it down in a way that is easy to understand. It also covers the history of economic policy and how it has affected the stock market.
Personal History
Warren Buffett described this as the best autobiography he has ever read. Katharine Graham takes readers through her life, from her early years as a newspaper publisher to her time as the CEO of The Washington Post.
This book is perfect for anyone who wants to learn more about the life of one of the most successful women in business. It is also a great reminder that there are many different paths to success. For example, you don't need to have a lot of money to be successful. You just need to have the right opportunities and be willing to work hard.
The Farmer from Merna
Insurance is a huge part of Warren Buffett's business, and this book is a great introduction to the industry. It tells the story of a farmer who starts his own insurance company. A reminder that there are many different types of businesses out there. As an investor, it is important to understand how they all work.
The Man Behind the Microchip
Investing in technology is something that Warren Buffett is not usually known for. However, he has invested in companies such as Apple, IBM, and Amazon. In this book, Leslie Berlin takes a look at the life of Robert Noyce, the co-founder of Intel. This book is a great read for anyone who wants to learn more about the man behind the microchip.
If Silicon Valley were a country, it would be the fifth-largest economy in the world. And yet, many people do not know much about the tech industry. This book tells the story of how Silicon Valley came to be and how it has changed the world. It is a fascinating read for anyone who wants to learn more about technology and its impact on the world.
Stress Test
The financial crisis revealed that many of our biggest banks were vulnerable to a sudden loss of confidence. In "Stress Test," Timothy F. Geithner, the former Treasury secretary, provides an inside account of how he helped save the American economy from collapse. "Stress Test" is not just a dry recounting of financial jargon and boardroom battles.
Geithner writes with candor and insight about the human costs of the crisis, the mistakes he made along the way, and what it was like to be at the center of a maelstrom. He offers a rare glimpse into the inner workings of the Obama administration and provides valuable lessons for anyone who hopes to prevent future economic disasters.
The Science of Hitting
Ted Williams is the best hitter who ever lived. Warren Buffett relates this to investing because like baseball, investing is all about probabilities. You have to understand what the odds are and make your decision accordingly. By knowing when to swing for the fences and which pitches are more likely to be hit, you can increase your batting average and your investment returns.
Dream Big
Warren Buffett is known for inspiring many investors but if you are looking for a book that inspires him, look no further. Dream Big is about a Brazilian trio of entrepreneurs who started out with nothing and went on to build a very successful company.
This book is perfect for anyone who wants to learn more about the people behind 3G capital, one of the most successful investment firms in the world. It is also a great reminder that anything is possible if you set your mind to it.
Which book made Warren Buffett rich?
As you can see, Warren Buffett has recommended a wide variety of books. Each one of these books has helped him become rich. However, there are a few Warren Buffett books that stand out from the rest.
Here are two of the most important Warren Buffett books that have made him rich.
The Intelligent Investor
As mentioned early, Warren Buffett recommends this book to beginners and experienced investors. The reason why this book is so important is that it helps you understand the basics of value investing. By learning how to value a company, you will be able to pick stocks that are undervalued by the market.
Common Stocks and Uncommon Profits
If you want to become rich like Warren Buffett, the first step is to start reading. Common stocks and uncommon profits are one of the best investment books out there that will help make you rich. It teaches you how to find good companies, and how to value them.
It also teaches you about the different types of risks that come with investing in stocks. After reading this book, you will have a much better understanding of how the stock market works, and you will be able to make smarter investment decisions.
More Books That Warren Buffett Recommends That Made Him Rich
If you are an avid reader and would like to add more amazing titles to your bookshelf, Warren Buffett has a few more recommendations.
How To Win Friends and Influence People
Social riches come from an ability to make friends and influence people. You can have all the money in the world, but if you don’t know how to interact with others, you will be lonely at the top
Warren Buffett often shares that the people around him and his great friends have made him who he is today. If you want to be like Warren Buffett, start by reading this book. It will teach you how to make friends, how to influence people, and how to be a better person. These are all important qualities that will help you in both your personal and professional life.
The Ten Commandments for Business Failure
Knowing what not to do is just as important as knowing what to do. This book is a collection of case studies of businesses that have failed. By studying the mistakes that these companies made, you can learn what not to do in your own business. This book is a great reminder that even the most successful businesses can fail if they don’t make smart decisions.
A Short History of Nearly Everything
Having a better understanding of the world around you will help you make better investment decisions. This book is a great introduction to a variety of topics, including physics, chemistry, biology, and geology. By understanding how the world works, you will be able to better understand how businesses work. By equipping yourself with this knowledge, you will be able to make smarter investment decisions and become a better investor.
Essays in Persuasion
Keynesian economics is a complex topic, but it is important to understand if you want to be a successful investor. This book is a collection of essays written by John Maynard Keynes, one of the most influential economists of the 20th century. In it, Keynes argues for government intervention in the economy to stabilize business cycles and reduce unemployment.
While some of his ideas have been critiqued by free-market economists, Keynesian economics is still used by many governments around the world. If you want to learn more about this topic, Warren Buffett highly recommends this book.
The General Theory of Employment, Interest, and Money
This is another book by John Maynard Keynes, and it is considered to be one of the most important economics books ever written. Keynes developed his theory of how economies work and how government policy can impact economic outcomes. This book is essential reading for anyone who wants to understand macroeconomics. If you want to get a sense of how Keynesian economics works, this is the book for you.
Paths To Wealth Through Common stocks
One path to wealth is to purchase common stocks. Over the long run, stocks have outperformed most other investments. To make money in stocks, you need to have a basic understanding of financial statements and know how to value a company. You also need to be comfortable with some risks. While there is no guarantee that you will make money in stocks, if you are patient and choose wisely, stocks can be a great way to build your wealth. This book will teach you everything you need to know about investing in stocks.
Showing Up for Life
Bill Gates Sr. is the father of Microsoft co-founder Bill Gates. In this book, he shares his wisdom on a variety of topics, including how to live a good life. Gates Sr. advocates for “showing up” in life, meaning that you should be present for the important moments and put forth your best effort. He also stresses the importance of relationships, both personal and professional. If you want to learn how to live a good life, this book is a great place to start. Gates Sr.’s advice is down-to-earth and easy to follow.
Has Warren Buffett written any books on investing?
Warren Buffett hasn't written any books on investing. However, there is a collection of Warren Buffett books written about him and his investing intellect. Here are some of the best:
- The Snowball: Warren Buffett and the Business of Life
- The Tao of Warren Buffett
- The Warren Buffett Way
- Warren Buffett’s Ground Rules
- Berkshire Hathaway Letters to Shareholders
- Buffett: The Making of an American Capitalist
- Warren Buffett and the Art of Stock Arbitrage
- The Essays of Warren Buffett: Lessons for Corporate America
- A Few Lessons for Investors and Managers From Warren Buffett
If you are looking to compound your investing intellect, these are some of the best Warren Buffett books to start with. They will give you an insight into how Warren Buffett thinks about investing and business.
Warren Buffett books for beginners
The takeaway from all of these Warren Buffett books is that you need to have a firm understanding of the basics before you can start investing. You also need to be patient and choose your investments wisely.
If you aren't the best reader yet, you can try some audio books or find someone who can summarize the key ideas for you. However, these titles are easier to read and will give you a general idea of what to expect when you're ready to tackle the big investing books.
Buffett's Tips: A Guide to Financial Literacy and Life
Financial literacy is important for everyone, not just investors. In this book, the authors explain Warren's Buffett'sthoughts on a variety of topics related to money and life. He covers everything from saving and investing to insurance and taxes. If you'd like to become more proficient in personal finance, make sure to give this one a read. It is especially useful for young people who are just starting out in life.
Buffett’s 2-Step Stock Market Strategy
In this book, the authors explain Warren Buffett's strategy for making money in the stock market. The first step is to find a great company with a moat. The second step is to buy the stock when it is undervalued.
This book is a great resource for anyone who wants to learn more about value investing. It is especially useful for people who are new to the stock market. If you are a beginner at investing, this book is a great place to start.
Value investing is a strategy that has been used by Warren Buffett for many years. If you want to learn more about this strategy, these Warren Buffett books are a great place to start. They will teach you everything you need to know about finding undervalued stocks and making money in the stock market.
You can also read more articles published on this website for free. Whether you are a beginner or an expert, these articles will help you become a better investor.
Conclusion
Warren Buffett reads one book a day. He has a diverse reading list and credits a large part of his success to reading. If you want to improve your investment skills, start by reading these Warren Buffett books recommended by the Oracle of Omaha himself.
Even if you can't read an entire book per day (most of us can't), it is still helpful to set aside some time each day to read about investing. Instead of doing something unproductive, use that time to read one of these books and improve your financial future.
By reading these Warren Buffett books, you will develop a better understanding of how to value stocks and make sound investment decisions. So, there you have it. The best books recommended by Warren Buffett. Now get out there and start reading!