Warren Buffett Book Recommendations to Make You Smarter

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

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Bitely Team
Last update:calendarApr 20, 2024
Read time:clock7 min
Warren Buffett Book Recommendations to Make You Smarter

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. The secret to his success is reading.


Warren Buffett: "I think you should read everything you can. By age 10, I'd read every book about investing in the Omaha public library, some twice."


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, such as 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 with questions about the book.



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


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

  

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


This book describes the similarities and differences between index funds and actively managed funds and explains 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." 


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


Dale Carnegie's How to Win Friends and Influence People 


The book, originally published in 1936, provides guidance on managing relationships. By reading it, readers can prevent conflicts, convince and motivate others, and 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 others have dealt with gender issues, and why resolving them is the only way to move forward. 


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



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. 


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


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


Bill Bryson's A Short History of Nearly Everything


Investing suggestions are not the only thing in this book. For example, Buffett, in this book by Bill Bryson, demonstrated that he reads much broader and finds 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. 


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


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 started investing in 1914 and survived a devastating financial recession in the late 1920s. Throughout the book, you will learn how to analyze businesses, the three key ideas of intelligent investing, and diversifying your capital.  


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


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


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


It is a book for anyone interested in investing or developing a better approach to investing. The book provides helpful advice on topics such as understanding company stock valuations, knowing when to buy, and getting data about unrecognized businesses.  


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


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

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