Why These Five Books?
Reducing my investment library down to five books was not easy. After sorting through the content, I eliminated the overlapping topics by selecting books that were relatively short (less than 250 pages), interesting, and easy to read. In most cases, they could also be “read” simply by skipping to the end of each chapter and scanning a bulleted summary. It doesn’t get much easier than that.Why this particular order?
The short explanation for why I chose this order is because it starts with the big ideas and then fills in the details. You might have also noticed that most of these books are somehow related to Warren Buffett’s investment philosophy. This is somewhat misleading because he didn’t come up with any of these ideas on his own. His investment model is really just a combination of great ideas that were stolen from other people. It is much easier to use what already works than try to come up with a new system.1. The Warren Buffett Way
2. The Warren Buffett Portfolio
3. The Little Book That Builds Wealth
4. The Interpretation of Financial Statements
5. Why Smart People Make Big Money Mistakes and How to Correct Them
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