Want to be a great investor like Warren Buffett? Want to know the investment strategies that Buffett follows? Interested in Buffett’s life story and want to grab his knowledge about the business? Here we have reviewed 9 best Warren Buffett books evaluating on the basis of various factors.
- The information contained in the book
- Readability easy or difficult
- Business Strategies of Warren Buffett
- Buyers reviews and their likings
- Life description of Warren Buffett from unknown sources.
- The Data and information that tells about Warren Buffett.
Best Warren Buffett Books
Read the short description, best takeaways, and the information contained in these 9 shortlisted books that help in making the right decision about selecting the best one.
The Invested book written by Warren Buffett is a perfect amalgamation of rich and poor dad with happiness aspect. It is quite an amazing book that shows how father and daughter are connected with each other deeper at both personal and financial level.
What Invested is all about?
The book is all about Danielle and her father who is a successful investor and popular financial author. Words like Finance, Stocks, investment and Portfolio are hated by Danielle. She was into a legal career where she gets to know the importance of money as both money and her life were now out of control. To put her money back into work she asked her father to teach her the Warren Buffett style value.
In this book, she narrated about her 12-month investment plan which she created with her father. You will find the step by step investment principles and how that principle makes a wonderful connection between you and your finances and money.
The book teaches investment in a simple way. It solves your complex investment portfolio into an approachable and straightforward way. It regains your confidence and helps in making a strategy to formulate a plan so that you will enjoy your financial freedom.
The Intelligent Investor
The Benjamin Graham is the publisher who published “The Intelligent Investor” book in 1949 which is based on value investing. In this book, Graham focuses on psychology and temperament as according to him only these two things make you a great investor, not the great investing strategy.
What Intelligent Investor is all about?
The book is based upon the philosophy of value investing that protect the investors from doing error and let them teach how to make long term strategies. In its revised edition, you will find the perspective of today’s market realities noted by Jason Zweig. You will get the complete knowledge of how to apply the principles of Graham investment.
The speculator will follow the market trends. The investor follows the discipline, research, and analytical ability whereas the sound investments bargain the current asset value and coach investor to build the rational plan.
The book has been praised by many buyers as “the best book on investing ever written”. As per the book buyer’s reviews, they stated that if you want to read only a single book then buy this book.
The philosophy is not based on the profit maximization but it is based on the loss minimization. The book is not only for investors but also for speculators and day traders. As per this book, Graham stated that the investor should strategies a rational plan as to how to buy stocks and bonds.
Alice Schroeder is the author of The Snowball book. It is the biography of Warren Buffet. She has covered almost everything about Warren buffet as she spent lots of time 2,000 hours reading the buffet’s personal life. She interviewed Buffet, his wife, sisters, children, business associates, and friends.
What Snowball is all about?
Snowball is a fascinating story of Warren Buffet that tells the success story of this rich American guy. What makes the Warren Buffet so successful? His legacy does not depend on the scorecard of wealth. The principles and ideas make the man a rich man.
The writer was working as an insurance industry analyst along with this she is a writer who is known for her perception and business acumen. Warren Buffet got impressed with the Alice write-ups and then she became little curious in writing on the topic of investing style. The Buffett itself has spent several hours giving the answers to the writer’s questions, talking and gives her permission to get complete access to his wife, friends, children, and his associates.
The best takeaway of this book is the complete detailed glimpse of Who Warren Buffet is? And how he becomes so powerful investor? Alice amazingly described the story about Buffett and the business he runs. This is one of the best books that teach you how to handle the bad times of financial crisis. The snowball is the perfect gift for the inspiring capitalist as the book is mainly focused on the fundamentals of Buffett.
The Warren Buffett Way
The Robert Hagstrom is the author of the Warren Buffett Way in which you find the glimpse of the business and investment related principles. The author stated that the biggest challenge in the stock market is not choosing the right stocks but stick to the sound investment at the fluctuating time when the market is uncertain.
What the Warren Buffett Way book is all about?
In this book, you will find tips and tricks as of how to think like a long term investor? How to overcome the pain of losing money that most of the investors face. It also covers how to face market ups and downs which is the investment success of Buffett.
With this book, you become familiar with the Buffett’s approach in selecting the stocks or buying any business. You will get an insight view of psychological challenges as of how to manage investment like a Warren Buffett portfolio and how to keep patience in long term investing. As per the author, the Warren Buffett faced the number of challenges but the humility, intellectual spirit, and integrity make him a billionaire.
Principles that the Warren Buffett covers in this book is the long term prospects, large discount on the intrinsic value, honest manager, and how to earn a high return on the invested capital.
In this book, you will find how Warren Buffet manages his money span successfully. It helps in making strategies and creates the base for your investment decision that will not help in making billions but it will help you in improving your portfolio from bottom in accordance with time.
The Essays of Warren Buffett
The book is written by Warren Buffet and this is the book that is being autographed by the Warren Buffet most. It is the letters to the shareholders of Berkshire and offers complete fundamental business analysis with a wise approach to investing.
What is inside The Essays of Warren Buffett book?
In this book, you will be going to learn about Corporate Governance, Finance and Investing, Common Stock, Alternatives to Common Stock, Accounting and Valuation, Mergers and Acquisitions, Tax Matters, and related topics.
According to Warren Buffett, good investors should identify good businesses rather than focusing on the market. They attempt to buy the businesses at a good price and can hold them for a longer period of time.
The book is for those who are interested in Warren Buffett’s leadership and its management principles. It consists of value-added benefits that the Buffett thinks and writes, acknowledge the bad decisions and their personal regrets. The author also mentioned the tips that he learned from him.
The Life, Lessons & Rules for Success (by Warren Buffett)
The book is all about the Buffett’s life and is published with the aim of educational and inspirational having actionable principles that you can include in your day to day life.
What “The Life, Lessons, & Rules for Success by Warren Buffett” book is all about?
In this book, you find the Buffett’s introduction, his business success stories, and few facts and strategies that you can learn from him. Learn his significant skills and his qualities that make him a successful investor along with his tips on investing.
The book is a short biography of Warren Buffett who is known for long term investment strategies including dollar cost averaging. The main aspect of this book is to provide the intellectual and inspirational as well as the actionable facts and principles that you can indulge in your life from the Warren Buffett sayings.
In this book, you find 25 quotes on finance and investment whereas 15 successful principles that you can follow while investing.
If you want to learn how to invest like a Warren Buffett, then this book is for you. It covers the general lessons that the Warren Buffett learned in his whole life and the principles as well as his beliefs that make him a billionaire. To become a rich man or woman, you not only require a profound knowledge of investing but you must have more in you that you can read from this book.
Interpretation of Financial Statements (by Warren Buffett)
The book is quite appealing for newcomers and people who love Buffett. With this book, you will become a master in all financial calculations and methodology used for interpreting the financial statements of any company. All these statements help you in identifying which company is good for investment purpose and which company will not give you a good return.
What Interpretation of Financial Statements by Warren Buffett is all about?
The potential investors find various financial concepts in this book including the cost invested in research and development that can destroy the great business. You will also find the things you need to keep in mind and things that you need to avoid while interpreting an income statement and balance sheet.
By reading this book, you will get to know how to balance debt and that company has. If the company has more debts then what consequences they need to suffer. Read all the financial statements that help you valuing your company. After going through the book, you will come to know that from which company you need to keep away yourself from and in which company you need to invest.
Here you will find a few financial ratios and calculations that help in identifying the company. According to the Buffett, these ratios help in winning the long term investments.
By reading this book completely, you will be master in all financial calculations and formulas used for interpreting the financial statement of any company. By using all these, you can identify which company will grow and which company will be the loser.
Secret Millionaires Club
In Secret Millionaires Club book, you will find 26 Warren Buffet’s secrets to be successful in your business. In fact, kids and teenagers can also learn valuable business-related lessons from this book. This is not only for kids; adults who had started their own business can also get knowledge from this book.
What Secret Millionaires Club is all about?
In Secret Millionaires Club, you will get various lessons on Warren Buffett’s personal finance that will benefit you in all your lifetime. You can also check the Buffett’s personal reflections towards money, life, ethics, business, and others. Grab the inspirational quotes as well as the fundamentals of the personal finance stated by Warren Buffett himself.
If you want to learn how to make successful in your first business then this book is the most preferred one for you. This book will offer you all the crucial to basics ideas as to how to spend their money properly.
Tap Dancing to Work
Carole Loomis who is the writer of Fortune has commuted the best of Buffett’s articles by collecting and updating the data from 1966 to 2013. You will get the complete insights of Buffett’s investment strategies and his views on philanthropy, public policy, management and even on parenting.
What Tap Dancing to Workbook is all about?
In this book, you find few highlights of a magazine written in 1977 “How inflation swindles the equity investor.” You will find the glimpse of “Letters from Chairman Buffett”. You can check the tips on derivatives and get an idea from “Avoiding a Mega-Catastrophe”. Apart from this, the book covers the Buffett’s thoughts on inheritance and philanthropy.
The book has the highlights of Buffett’s journey since 50 years stating the unique and notable achievements. You will find lessons of finding the values in the people, organizations, stocks and building them for compounding.
Which Warren Buffett’s book you should buy?
I personally read all these best Warren Buffett books and enjoyed reading all of them. I cannot say anything which one of the best books as every book has its own unique feature or content.
- Invested: Learn how to create your own investment portfolio.
- The Intelligent Investor: One of the best books for investors, speculators, and day traders.
- The Snowball: Best for knowing Warren’s biography and his life.
- The Warren Buffett Way: Learn Buffett’s facts and strategies that make him successful.
- The Essays of Warren Buffett: Learn Buffett’s method that helps in your business succeeding.
- The Life, Lessons & Rules for Success: It contains lessons, beliefs, and principles that is required to become successful.
- Interpretation of Financial Statements: To learn financial statements and to perform financial calculations then this book is for you.
- Secret Millionaires Club: Get Warren’s personal reflections on Money, business, ethics, life, and others.
- Tap Dancing to Work: Take a look at some of the Buffett’s specific decisions that he took over the years.