A list of books that have profoundly shaped my investment thinking:
I. The Core Philosophy: Learning from the Masters
- “Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger” ~ Edited by Peter D. Kaufman
- “Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger” ~ by Janet Lowe
- “The Snowball: Warren Buffett and the Business of Life” ~ by Alice Schroeder
- “One Up On Wall Street: How To Use What You Already Know To Make Money In The Market” ~ by Peter Lynch
- “Common Stocks and Uncommon Profits and Other Writings” ~ by Philip A. Fisher
II. Understanding the World: Broader Thinking
- “The Selfish Gene” ~ by Richard Dawkins
- “Thinking, Fast and Slow” ~ by Daniel Kahneman
- “A History of the World” ~ by Andrew Marr
- “Money: The Unauthorised Biography” ~ by Felix Martin
III. The Anatomy of a Great Business
- “The John Deere Way: Performance that Endures” ~ by David Magee
- “Steve Jobs” ~ by Walter Isaacson
IV. Case Study: Understanding Difficult Industries
- “Hard Landing: The Epic Contest for Power and Profits That Plunged the Airlines into Chaos” ~ by Thomas Petzinger Jr.
V. Understanding Market Psychology & Risk
- “When Genius Failed: The Rise and Fall of Long-Term Capital Management” ~ by Roger Lowenstein
- “Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing” ~ by Hersh Shefrin