Book Recommendations

"In my whole life, I have known no wise people who didn't read all the time - none, zero. You'd be amazed at how much Warren reads - and at how much I read."
~ Charlie Munger

But how to choose from the huge selection of books? By far not all books are worth reading. What is worth reading, may be highly subjective. Here I present all the books that I have personally read and would recommend. Most of them are abou investing, business and economics. Please send me an email to mail@simple-value-investing.com if you have more books, you can recommend!










Why Smart People Make Big Money Mistakes and How to Correct Them



by Gary Belsky, Thomas Gilovich

Who believes, he thinks absolutely rational about money, will know better after reading this book. An absolutely recommendable book for every investor.

Why Smart People Make Big Money Mistakes and How to Correct Them










The Intelligent Investor



by Benjamin Graham

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

The Intelligent Investor

The Intelligent Investor (Revised Edition) with comments by Jason Zweig










Security Analysis



by Benjamin Graham, David L. Dodd

The standard work on security analysis and Bible of value investing.

Security Analysis: 1934 Edition (reprint)
Security Analysis: 1940 Edition (reprint)
Security Analysis: 1951 Edition (reprint)
Security Analysis: 1962 Edition
Security Analysis: Fifth Edition based on 1962 Ed, updated by other authors
Security Analysis: Sixth Edition based on 1940 Ed, updated by other authers, e.g.. S. Klarman, B. Greenwald










The Dhandho Investor: The Low - Risk Value Method to High Returns



by Mohnish Pabrai

A very good book about value investing with many examples and interesting ideas.

The Dhandho Investor: The Low - Risk Value Method to High Returns










The Theory of Investment Value



by John Burr Williams

First published in 1938, this book is still very valuable today.

The Theory of Investment Value










Common Stocks and Uncommon Profits



by Philip A. Fisher

"I am an eager reader of whatever phil has to say, and I recommend him to you."

~ Warren Buffett

A highly recommended book that sheds light on the more qualitative side of value investing. Contains Conservative Investors Sleep Well and Developing an Investment Philosophy additionally.

Common Stocks and Uncommon Profits (and Other Writings)










Value Investing - From Graham to Buffett and Beyond



by Bruce C. N. Greenwald, Judd Kahn, Paul D. Sonkin, Michael van Biema

One of the few really good books on Value Investing of newer date.

Value Investing: From Graham to Buffett and Beyond










The Snowball: Warren Buffett and the Business of Life



by Alice Schroeder

Very good Biography of Warren Buffett. You will learn no specific things about investing directly. But you will learn nevertheless much indirectly, by learning about the life of Warren Buffett.

The Snowball: Warren Buffett and the Business of Life










Shift - Inside Nissan's Historic Revival



by Carlos Ghosn

Ghosn, CEO of Renault and Nissan today, about the rescue of Nissan in the late 90s. Especially recommended, if you are considering buying shares in Renault or Nissan.

Shift: Inside Nissan's Historic Revival










The Wealth of Nations



by Adam Smith

A classic of economics, first published in 1776. Highly recommended to understand economics in general.

The Wealth of Nations












The Ten Commandments for Business Failure



by Donald R. Keough Former President of The Coca Cola Company

Don's commandments for failure will teach you more about business success than a whole shelf full of books.
~ Bill Gates

With preface by Warren Buffett.

The Ten Commandments for Business Failure










How to win Friends an influence People



by Dale Carnegie

How should you deal with people to achieve your aims? Carnegie says, that most successes come from an ability to communicate. This book radically changed my dealing with people.

How To Win Friends and Influence People










Outliers: The Story of Success



by Malcolm Gladwell

Extraordinary success of individuals comes mainly through external circumstances and extraordinary opportunities these people had. So the main message of this book. Very well written and well argued.

Outliers: The Story of Success