Like many successful investors, we necessarily read a large volume and variety of books and periodicals (and like to do so). We have tried to list below some of our favorites across a variety of subjects.
- Biographies and Autobiographies
- Business and Management
- Investing Reading List
- Novels and Fiction
- Philosophy, Psychology and Self Improvement
- Sales, Marketing, and Entrepreneurship
Biographies and Autobiographies
Jack: Straight from the Gut By Jack Welch and John A. Byrne
An interesting autobiography. Reads like a good story and provides some insights into how the “Tiger Woods of Management” got there, stayed there, and what he did that was so successful while he was there.
Business and Management
The Warren Buffett CEO By Robert P. Miles.
An interesting book about the stable of outstanding managers that Warren has assembled. They have tended to get overshadowed by the boss so this book is a welcome addition to the complete Buffett library.
Investing Reading List
You Can Be A Stock Market Genius By Joel Greenblatt
A good book that offers more practical techniques and examples, especially on special situation investing. Joel is also a thoughtful and humorous guy with a quirky wit. A great book on a particular subset of investing. Highly recommended.
Value Investing: From Graham to Buffett and Beyond By Bruce Greenwald
A recent collaborative book by four authors who are professors and or money managers at Columbia where Graham attended undergraduate and ultimately taught at the Business School. It extends his ideas and brings them into the 21st century in a readable and clear fashion.
The Intelligent Investor By Benjamin Graham
Another all-time classic. In this book, Graham, who mentored Warren Buffett, succeeds in presenting his philosophies and approach in a manner almost anyone can appreciate. Incredible!
Common Stocks and Uncommon Profits By Phil Fisher
One of the greatest investment books ever written. The clarity of Phil’s writing and thinking come through on every page. Its amazing that this book was written in the 1950s but still resonates as if it were written recently.
Novels and Fiction
The Catcher in the Rye by J.D. Salinger
A tremendous novel that I want to read again now that I have grown up. A classic that captures the feelings of adolescence and New York City through the eyes of a child.
Philosophy, Psychology and Self Improvement
Influence : The Psychology of Persuasion By Robert Cialdini
An excellent book also strongly recommended by Charlie Munger and an important component of the mental models you need to make sense of the world. Basically, Cialdini summarizes and explains in an extremely accessible manner loads of research that suggest a number of short cuts that people are pre-wired to take. Unfortunately, these mental short cuts make us prey to manipulation. Awareness seems to be the best defense, and sometimes, these tools can actually to used for good purposes as well (for example to dissuade someone from doing something that would be destructive to them).
Sales, Marketing, and Entrepreneurship
How I Raised Myself From Failure To Success in Selling By Frank Bettger
Selling and marketing are important skills to cultivate no matter what your job description. At its best, sales is listening to your customers and helping them get what they want. This is a very good book that was originally written back in 1947 by one of the top salespeople of his generation. It is full of practical advice and thoughtful insights. Bettger offers wonderful anecdotes and advice for anyone wondering how to improve as a salesperson and as a customer’s person.
Six Easy Pieces : Essentials of Physics Explained By Its Most Brilliant Teacher By Richard Feynman
I have loved science and physics since before watching Cosmos as a child. This book is a classic for anyone curious about classical physics (i.e. mechanics). Should be part of any well rounded education.