1, the wealth of nations
The Wealth of Nations is divided into five chapters, covering the principles of political economy, economic history, economic theory history and finance. It can be said that it is not only an encyclopedia of economics, but also a foundation work of economics. Although it has a huge system and a wide range of contents, it is consistent and tightly structured from beginning to end. A theme that the book always revolves around is how to promote the growth of national wealth.
2. Securities analysis
Securities analysis is known as the bible of investors. Since the publication of 1934, it has been selling well for 80 years. The market has repeatedly proved that securities analysis is a classic of value investment. The 6th edition of Securities Analysis is an upgraded version of 1940. 1940 is the most satisfactory version of Graham and Dodd, and also the favorite version of Warren Buffett. While maintaining the original appearance of the book, the 6th edition added 10 a reading guide for Wall Street financiers, which not only showed the important position of this book in the minds of Wall Street investment masters, but also added the flavor of the times to this classic book.
3. Smart investors
Smart Investor was written by Benjamin Graham, the founder of value investment theory. For this book, Buffett thinks it is the most outstanding investment book in history.
Extended data:
1957, Buffett established a non-binding Buffett Investment Club with a capital of 300,000 US dollars, which rose to 500,000 US dollars by the end of the year.
From 65438 to 0962, the capital of Buffett's partner company reached 7.2 million US dollars, of which 1 10,000 belonged to Buffett himself. At that time, he merged several partner enterprises into a "Buffett Partners Limited". The minimum investment has been expanded to more than 654.38 million dollars. It's a bit like a private equity fund or a private investment company in China.
From 65438 to 0964, Buffett's personal wealth reached $4 million, while the funds he was in charge of had reached $22 million.