Hi The Newbies, who doesn't know Warren Buffet? Yep, Warren Edward Buffet or who is familiarly called as Warren Buffet is an investor to entrepreneur from the United States who can be said to be very successful in his field.
Warren Buffet's success is, of course, built through a long process and journey, you know, The Newbies. In fact, Warren Buffet turned out to have started running a business and learned about investing since he was little. Wow, it's only fitting that Buffett's success in his current life has inspired many people, especially entrepreneurs and investors.
Speaking of investment, in some of his conversations Warren Buffet often shares several lists or book recommendations that he says are an introduction to his investment journey, especially stock investment. Well, it's really fitting for The Newbies who are inspired to become a successful investor, let's read 3 of Warren Buffet's recommended books below!
Warren Buffet's Three Recommended Books About Investing
1. The Intelligent Investor (By Benjamin Graham)
According to Buffett, The Intelligent Investor is one of the best books he has ever read because it has changed his outlook on his financial life. At the beginning of the chapter, this book is thick with messages related to the importance of one's psychological factors in investing in the stock market. This psychological factor is actually very crucial to shape one's actions and decisions when in the market .
Broadly speaking, this book contains the process of investing in stocks, especially in the context of value investing . This principle is also applied by Warren Buffet to this day. The Intelligent Investor information relevant for new investors as well. Come on, don't forget to add this book to your list, The Newbies!
2. Security Analysis (By Benjamin Graham and David L. Dood)
Similar to the book The Intelligent Investor, Security Analysis also focuses on the sciences of value investing, which is when someone buys a stock to be owned for a long time. This book contains meaningful lessons about the need to get into the habit of analyzing a company before investing in it.
In fact, this book has no less significant impact on Buffett's investment life, so it is not wrong if Security Analysis is part of his favorite book.
3. The Money Game (by Adam Smith)
The Money Game is one of Adam Smith's most interesting books to read. This book explains that the stock market should be viewed as a game or a game. Adam Smith uses case study that can be analyzed directly, namely the condition of Wall Street in the 1960s.
For Warren Buffet, Goodman alias Adam Smith is able to present very impressive information in his book because he sticks to the facts.
So, those are Warren Buffet's 3 recommended books about investing, especially stock investing. Don't forget to add this list to your reading list, The Newbies!
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