If you haven't seen one of HBO's documentaries, "Becoming Warren Buffett," it's hard to imagine how fast a 91-year-old man speaks so fast.
It's harder to imagine buffett, who has been running the company, doing philanthropy, and writing "letters to shareholders" for 55 years, and has set aside 5 hours a day for reading for the past few decades.
In fact, Buffett currently has about $140 billion in cash
Selling gum and lemonade to pedestrians at a 5-year-old, entering the stock market for the first time at the age of 11, and saving $9,800 through various investments at the age of 21.
As an adult, the stock price of the company he managed increased by 28,000 times, and he became one of the world's top 10 richest people by investment...
Needless to say, Buffett can achieve continuously, not only because of intelligence.
Warren was much a pedant, though he was very successful in his secular life
Charlie Munger attributes Buffett's success to "he's a learning machine" and "you can't be a truly successful investor without a lot of reading."
Buffett himself said he would "read everything that could be read."
At just 10 years old, he finished reading all the books about investing at the Omaha City Library. Now, in order to be able to read the Wall Street Journal on time, he once told the post office that he would print it in the middle of the night every day and put a copy on his window sill first.
"He would sometimes wait in the middle of the night to read the newspaper the next morning."
So when we lament that his wisdom and insight into business are "earth-shattering", when we are struggling to repay their mortgages, but he can become a billionaire by investment and make "sour",
Like Buffett, start reading!
This time, we have specially compiled a list of #Buffett's reading/praising books for everyone, and friends who don't know which book to read can first press this list to take the lead in starting a journey of self-evolution:
01
This is an essential read for leaders
By studying 8 highly successful CEOs, the authors reveal the importance of capital allocation in management. John Malone has made 900x in 20 years, Dick Smith has made 684x in 34 years, Tom Murphy has made more than 200x in 29 years...
They prove themselves to be the greatest CEOs with unquestionable data. In their grasp of the nature of business, they are surprisingly consistent despite their different backgrounds, industries, and approaches. Conservative and subversive, cautious and crazy, they always find new opportunities with an "outsider" perspective.
【Zhanlu flagship store】Business Outsiders Eight entrepreneurial traits that Buffett particularly values Warren Buffett Management Enterprise Performance Management Strategic Management ¥29.95 Purchase
02
One of Buffett's 3 most cherished books
The book and Graham changed his life
Wall Street is the world's financial center, and a legend was born: he is known as the father of modern securities, the godfather of Wall Street, the founder of value investment theory, and the spiritual mentor of Buffett, the stock god... He is Benjamin Graham, the author of Securities Analysis.
Known as the bible for investors, The Book of Securities Analysis has been a bestseller for eight decades since its publication in 1934. Securities Analysis (6th Edition) is an upgraded version of the 1940 edition. This edition maintains the original appearance of the original book, while adding 10 wall Street financial guides.
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03
Peterson's book shows
His candid attitude in business and life,
Refreshing. ”
Blackstone founder Peter Peterson describes his extraordinary life story with wise, sophisticated writing, and he is a true "giant": he is an investment banker, politician, Fed official, philanthropist, public figure against fiscal deficits, and he is the founder of Blackstone Group, the "global private equity king", who has managed $434 billion in assets.
He was invited by Nixon to serve as the president's assistant to international economic affairs, known as the "Kissinger in the economic field of the Nixon administration", then transferred to the US Secretary of Commerce, and then became the chairman and CEO of Lehman Brothers in a time of crisis, rescued Lehman Brothers on the edge of the cliff, and began his investment banker career. He later founded Blackstone for 4 people and $400,000 and developed it into a global private equity giant.
04
The idea of changing Buffett's investment behavior is in this book
Charlie Munger underwent a superb "surgery" on Buffett's philosophy, changing the latter's investment behavior. Buffett inherited that it was Charlie Munger who laid out the blueprint for Berkshire Hathaway and quickly evolved himself from an orangutan to a human.
The author of this book, David Clark, condenses Munger's core ideological system into more than 100 concepts. It can be said that he clears the obstacles to learning Munger for readers in a concise and direct way, so that this book is not only an entry tool for beginners to grasp Munger's investment ideas, but also a standing reading for senior investors to repeatedly understand Munger's investment ideas at any time.
05
A book that regularly appears at the top of the New York Times bestseller list
After 30 years, Theodini, the author of the million-dollar best-selling book "Influence", wrote a book alone and continued to write a legend. This is a book that explores the psychological mechanisms and practical techniques of persuasion, and describes the right timing and planning that many seasoned marketers don't understand.
The authors take the study of "impact" a step further, telling us how to have "first-mover influence", grasp the "key moment of persuasion" before passing on relevant information, and let people focus only on the points we want them to pay attention to.
06
A story of courage, determination and perseverance
In "Shoe Dog", Nike founder Phil Knight personally told the process of Nike's "from 0 to 1", using simple and humorous language to truly reveal the love, persistence and madness of a group of "shoe dogs" on the road to entrepreneurship.
This autobiography of Phil Knight details Phil Knight's growth from an ordinary small-town Oregon youth to a shoe running giant. He entered the field of running shoe sales because of his love of running, starting from $50, starting from the United States as an agent for Japanese running shoes, leading a "miscellaneous army" with an eccentric personality, wandering on the verge of bankruptcy at any time, but eventually creating a strong sports business empire, making the Nike logo one of the few trademarks that can be easily recognized by people around the world.
07
How to become a savvy investor in the midst of market volatility
The author of this book, John Borg, has been named one of the "Four Investment Giants of the 20th Century" by Fortune magazine and one of the "100 Most Influential and Charismatic People in the World" by Time Magazine.
"Common Sense of Mutual Funds", in today's increasingly complex market environment, is just like a beacon in the sea. The book contains both the simplest, most effective, and enduring investment strategies, as well as reflections on the industry rules and ethical bottom lines of the mutual fund industry.
08
Open a treasure hunt for the next 10 years of business development
In The Future Roars, the authors tell us how disruption can arise when certain independently accelerated technologies (such as artificial intelligence) converge with other independently accelerated technologies (such as augmented reality).
No matter what field you are in, reading this book can help you more clearly understand the changes in the market environment and grasp the roaring future one step ahead.
【Zhanlu flagship store】The future is roaring Wan Weigang recommends how exponential technology integration can subvert the progress of business and life technology far faster than anyone imagines ¥44.95 purchase