REQUIRED READING FOR ANALYSTS:
Security Analysis by Benjamin Graham
The Intelligent Investor by Benjamin Graham, Benjamin Graham (first published in 1949; this link is to the 2003 edition, with updates by Jason Zweig). Graham was Warren Buffett’s teacher at Columbia Business School and lifetime mentor. I agree with Buffett that this is the best book ever on investing.
The Warren Buffett Way by Robert G. Hagstrom, Jr.
The Warren Buffett Portfolio by Robert G. Hagstrom, Jr.
Value Investing by Bruce Greenwald
Common Stocks and Uncommon Profits by Phil Fisher, Philip Fisher (1958). Fisher, regarded as one of the pioneers of modern investment theory, may be the most underrated investment thinker of all time. He focuses on identifying growth stocks that can be held for the long run.
Berkshire Hathaway Annual Reports
Good To Great by Jim Collins
RECOMMENDED READING:
Buffett: The Making of an American Capitalist by Roger Lowenstein, This is without a doubt the best book on Buffett, covering his entire history, though it's nearly a decade out of date. For the most up-to-date (and fun) book on Buffett, I recommend Of Permanent Value: The Story of Warren Buffett by Andrew Kilpatrick (2004). With 256 chapters and 1,478 pages (it weighs FIVE pounds!), it's full of entertaining and educational stories (if you're a true Buffett junkie anyway).
The Essential Buffett: Timeless Principles for the New Economy by Robert G. Hagstrom, Jr.
The Essays of Warren Buffett: Lessons for Corporate America by Warren E. Buffett, Lawrence A. Cunningham, Lawrence Cunningham (revised 2001). This book organizes Buffett’s brilliant annual letters to shareholders by topic—a far more efficient (albeit slightly more expensive) way to read them (they're available for free on Berkshire Hathaway's web site).
The Warren Buffett CEO: Secrets From the Berkshire Hathaway Managers by Robert P. Miles
One Up On Wall Street by Peter Lynch
Beating the Street by Peter Lynch
Contrarian Investment Strategies: The Next Generation: Beat the Market by Going Against the Crowd by David N. Dreman
The Money Masters by John Train
Mr. Buffett on the Stock Market; Fortune Magazine, 11/22/99; by Carol Loomis, Warren Buffett
Mr. Buffett on the Stock Market; Fortune Magazine, 12/10/01; by Carol Loomis, Warren Buffett
The Midas Touch: by John Train
Financial Shenanigans: How to Detect Accounting Gimmicks and Fraud in Financial Reports by Howard M. Schilit
Outstanding Investor Digest
REQUIRED READING FOR MANAGEMENT:
Good To Great by Jim Collins
RECOMMENDED READING FOR MANAGEMENT:
The Soul of a Business by Tom Chappell
Managing Upside Down by Tom Chappell
The Most Effective Organization in the U.S. by Robert A. Watson and Ben Brown
Built to Last by James Collins and Jerry I. Porras
Fish! A Remarkable Way to Boost Morale and Improve Results by Stephen C. Lundin, Ph.D., Harry Paul, and John Christensen
Fish! Tails: Real-Life Stories to Help You Transform Your Workplace and Your Life by Stephen C. Lundin, Ph.D., John Christensen, Harry Paul, and Philip Strand
Fish! Sticks by Stephen C. Lundin, Ph.D., John Christensen and Harry Paul Source: Fenimore Asset Management, Inc, Whitney Tilson, Benjamin B. Taylor |
