Warren Buffett reads hundreds of pages each day. He credits his voracious reading for his investment wisdom. When he was a young boy, he began to read the investment books he found around the small investment firm his father ran. This love of reading and deep, passionate curiosity about investing clearly paid off. The multi-billionaire lists 3 books as absolute must-reads for people interested in learning all they can about investing.
The first book Buffet recommends, he happened at of nineteen., The Intelligent Investor, written by Benjamin Graham his professor at Columbia, is the one that Buffett claims changed his life and is the best decision he ever made in his career. Graham’s volume serves as an investment guide. In this book, he was first introduced to value investing, the philosophy that encourages buying companies that will turn a profit over time rather focusing on short-term gain.
How to Win Friends and Influence People by Dale Carnegie is a book that Warren Buffett recommends to upcoming business people. When he was in high school, he transformed the way he communicated by reading this book. He learned the value of charisma over aggression when dealing with people.
Last but not definitely not least, is a book written by Warren Buffett called Berkshire Hathaway Letters to Shareholders. In this book are collected letters that Buffett writes to the shareholders of his company. This collection letter has become a standalone investment resource. Each year, the business world anticipates the latest letter from Warren Buffett. And though he is credited with writing many books, these letters make up the bulk of his published writing.
He estimates that about eighty percent of his day is spent reading. People who are serious about honing their minds for business can read these three books.