7 Best Warren Buffett Books: Top Reads About the Oracle of Omaha

7 Best Warren Buffett Books: Top Reads About the Oracle of Omaha

Stephen King said it best: “Books are a uniquely portable magic.” They transport readers to other worlds and provide glorious respite from hectic schedules. 

Yet chief among a good book’s charms are the lessons held within its pages – words that can educate, inspire, and ultimately change someone’s life.

Warren Buffett’s books are a prime example of this in action. Although the Oracle of Omaha hasn’t authored any works of his own, many have been written about him and his investment strategies and philosophies. For someone wanting to learn more about finance, sifting through them is a highly affordable way to leverage the wisdom of a man widely regarded as the world’s most successful investor. With these benefits in mind, here are 7 great books about Warren Buffett to read next.

1. The Snowball: Warren Buffett and the Business of Life, by Alice Schroeder

While The Snowball won’t be the best Warren Buffett book for someone desperate for investing tips, it could be ideal for anybody who’s curious about the man himself. 

Why? Mainly because it’s the only biography that Buffett’s actually co-operated on. The result is a revealing account of his long life and outrageous success. Expect a glimpse behind the curtain – insights into his family history, relationships, psychology, keen business sense, and so much more.

2. Buffett: The Making of an American Capitalist, by Roger Lowenstein

In another popular book about Warren Buffett, the man rather than the investor, Roger Lowenstein, did an impeccable job researching and revealing the Oracle of Omaha’s life, career, and investment philosophy.

Emphasis on “did,” though. First published in 1995, some readers may find this one a tad dated, with details missing on Buffett’s more recent life. Nevertheless, going by its hundreds of 5-star reviews and presence on numerous bestseller lists over the years, “Buffett: The Making of an American Capitalist” remains well worth reading.

3. The Warren Buffett Way, by Robert G. Hagstrom

No list of Warren Buffett books is complete without Robert G. Hagstrom’s “The Warren Buffett Way.” Now on its third edition and with over one million copies sold, this was the first bestselling book about Buffett’s rise to the top of the investing world.

After a brief look at his personal and professional history, Hagstrom jumps into a breakdown of Buffett’s methodology and approach to investing. He also covers the key tenets that guide his decision-making – with valuable insights on the psychology of long-term investing thrown in for good measure.

4. The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers, by Robert P. Miles

Buffett’s brilliance isn’t limited to business and investing. He’s renowned for his impressive managerial skills as well. Told through the eyes of Berkshire Hathaway executives, The Warren Buffett CEO is a book about the latter.

Readers hunting for Buffett’s investing tips and insights should look elsewhere. However, for anyone interested in great companies and how to run one effectively, Robert P. Miles’s widely acclaimed book won’t disappoint.

5. Buffettology, by Mary Buffett and David Clark

Want to discover, understand, and master Warren Buffett’s approach to investing? Read Buffettology. This national bestseller from Mary Buffett and David Clark reveals in precise and technical detail how he decides where to spend his money – complete with mathematical models and equations.

If the first author’s name sounds familiar, it’s because Mary Buffett was once the Oracle of Omaha’s daughter-in-law. Talk about privileged access.

6. The Essays of Warren Buffett: Lessons for Corporate America, by Warren Buffett and Lawrence Cunningham

Warren Buffett may have never written a book, but he’s written prolifically over the years in the form of annual shareholder letters. Recognizing the wisdom and broader application in these works, Lawrence Cunningham took on the role of editor to compile them into this international bestseller.

The letters therein address a wide range of topics that Cunningham has tied skilfully together. It’s far from an investing manual, but readers still learn much about the practice – with words taken straight from the horse’s mouth.

7. Tap Dancing to Work: Warren Buffett on Practically Everything, by Carol J. Loomis

Buffett might write those letters to Berkshire Hathaway shareholders. Yet Carol J. Loomis edits them – and has done so for decades. Not only that but in her long and esteemed career as a journalist and editor at Fortune, she’s also interviewed and written about him countless times, becoming a close friend in the process.

In Tap Dancing to Work, Loomis has compiled the best articles published in Fortune from the 1960s up through the 2010s. The result is a fascinating and definitive history of Buffett’s illustrious career. Additionally, it provides a deep dive into his thoughts on practically everything.

Read These Warren Buffett Books Today

Warren Buffett is the 6^th richest person on the planet and arguably the most famous investor on the planet. Yet, in real life, the chance of meeting and learning from him is almost non-existent. Thankfully, you can gain nearly as much value simply from having a shelf full of Warren Buffett books at your disposal.

Grab any of the titles above. You can step inside Buffett’s mind, discover his investment strategies, and leverage decades of hard-earned insights to inform your own investment knowledge and capabilities.

You can also read MacKenzie Scott Net Worth: She is Giving Most of it Away by the same author.

Related Articles on Dividend Power

Published at Tue, 04 Apr 2023 04:00:00 -0700