The Intelligent Investor - Benjamin GrahamThe starting point of all value based investors and Buffett’s favourite book. Despite being first published in 1949, Chapters 8 and 20 still remain seminal. They explain the concept of ‘Mr Market’ and the need to invest with a ‘Margin of Safety’.
Common Stocks and Uncommon Profits - Phil Fisher Buffett’s second favourite book! Outlines many of the traits investors should seek in high quality companies. First published in 1953, a timeless classic.
Investing the Templeton Way - Lauren Templeton/Scott Phillips John Templeton investing approach was more global than Fisher or Buffett, but equally successful. The book covers a wealth of subjects from the man who famously told us to “buy when there is blood in the streets”.
Margin of Safety - Seth Klarman Out of print (but sometimes available in PDF’s online). A must read, if you can get it, from one of the great contemporary investors.
The Little Book that Beats the Market - Joel Greenblatt Greenblatt generated 40% annualised returns over 20 years. Do you need another reason to read the book?
