7 books that Warren Buffett recommends to make you more intelligent

It has always been a priority for billionaire investor Warren Buffett to read. So throughout the years, he's recommended the following seven books. Berkshire Hathaway CEO Warren Buffett is among the wealthiest people in the world and arguably the most significant investor ever. And the secret to his success is reading

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Bitely Team
Last update:calendarFeb 22, 2024
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7 books that Warren Buffett recommends to make you more intelligent

It has always been a priority for billionaire investor Warren Buffett to read. So throughout the years, he's recommended the following seven books.


Berkshire Hathaway CEO Warren Buffett is among the wealthiest people in the world and arguably the most significant investor ever. And the secret to his success is reading.

 

 "I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice." - Warren Buffett

 

It is said that at the beginning of Buffett's career, he would read close to a thousand pages each day. Often, he spends 80 percent of his time reading.


Are you too busy to read a lot? With Bitely, you can read books whenever and wherever you want. For example, while at work, waiting for an appointment, cooking, or sitting on a bus. Besides being easy to read, we will provide the best summaries, so you can read them in minutes.


So, finding enough time to learn things is no longer a problem. You can pick whatever category you like, read books in minutes and reinforce the knowledge you read about with the questions about the book.


Each night, Buffett suggests that you finish the day by being more intelligent than when you woke up.



Take a look at these seven books Warren Buffett recommends if you want to learn more about communication, investing, and the world.

 

The Little Book of Common-Sense Investing by John C. Bogle


This book describes the similarities and differences between the index and funds that are actively managed and which would be the best investment for you. 


Bogle tells his readers the benefits of investing in low-cost, safe index funds rather than riskier, high-cost, actively managed funds.


Warren Buffett says about this book: "Rather than listen to their siren songs, investors – large and small – should instead read Jack Bogle's The Little Book of Common-Sense Investing."

 

"Buying funds based purely on their past performance is one of the stupidest things an investor can do." - John C. Bogle

 

Dale Carnegie's How to Win Friends and Influence People


The book's original publication in 1936 provides guidance on managing relationships. By reading this book, readers can prevent conflicts, convince and motivate others, as well as increase their sales.


Want to know one helpful tip? When inspiring your team, spice it up with some peer rivalry. You don't even need to use a reward. For example, if you highlight a top employee out loud, other workers will feel more motivated to perform better to reach the top. 


During HBO's Becoming Warren Buffett, Buffett credited Carnegie's ideas with helping boost his confidence in delivering speeches, making the book one of his frequent recommendations.


"This $100 course gave me the most important 'degree' I have and it's why I'm successful today." Buffett said.

 

Melinda Gates' The Moment of Lift


This isn't a book about investing, but Buffett called it one of his all-time favorite books. 


This book tells Melinda Gates' story of becoming an avid advocate for women's rights. It tells stories about people she has met through her philanthropy, how other people have dealt with gender issues, and why resolving them is the only way to move forward.

 

"I read it one sitting, it captivated me so much," - Warren Buffett

 

Howard Marks' The Most Important Thing


Howard Marks is the co-chairman and co-founder of the investment firm Oaktree Capital Management. He shares his thoughts about how the best investors can analyze the market differently from others to make better investment decisions.

 

"This is that rarity, a useful book." - Warren Buffett

 

“Investment success doesn’t come from “buying good things,” but rather from “buying things well.” - Howard Marks

 

Bill Bryson's A Short History of Nearly Everything


Investing suggestions are not the only thing in this book. For example, in this book by Bill Bryson, Buffett demonstrated he reads much broader and found some of the facts fascinating.


The title entirely represents everything the book is about. Throughout the book, he discusses everything from tiny bacteria to how the universe began, from the relativity theory of Albert Einstein to the ocean's mysteries.

 

"Physics is really nothing more than a search for ultimate simplicity, but so far all we have is a kind of elegant messiness." - Bill Bryson

 

Benjamin Graham and Jason Zweig's (comments) The Intelligent Investor


If you like Warren Buffett, it might inspire you to start investing, or even if you've already invested, it might inspire you to learn how to improve. To help, Buffet recommends this book. 


This book changed Buffett's entire perspective on the investment world.


Benjamin Graham reveals all of his knowledge in The Intelligent Investor. He was a man who started investing in 1914 and made it through a devastating financial recession in the late 1920s. Throughout the book, you will learn how to analyze businesses, the 3 key ideas of smart investing, and diversifying your capital. 

 

"By far the best book on investing ever written." - Warren Buffett

 

Philip A. Fisher's Common Stocks and Uncommon Profits and Other Writings


As Buffett has stated often, 85% of his investment style is influenced by Benjamin Graham, while 15% is influenced by Philip Fisher.


It is a book for anyone interested in investing or developing a better approach to investing. In addition, the book provides helpful advice, such as understanding company stock valuations, knowing when to buy, and getting data about businesses that are not well known. 


In addition, readers can find out what types of investors there are - conservatives and high-risk investors - and which type they are.

 

“Never promote someone who hasn't made some bad mistakes, because if you do, you are promoting someone who has never done anything.” - Philip A. Fisher


 

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